NVLS is not falling because people have hope that
their will be a recovery soon. NVLS has a P/E around
22 and a PEG of 1.26. Their earnings growth next
year is supposed to be 17.6% and the next 5 years 25%.
Recent earnings were 56 cents, 62 cents, 76 cents, and 62 cents. For this quarter they are predicting 39 cents, next
quarter 25 cents, this year 1.48 and next year 1.74.
(So for next year, avg would be 43.5 cents a quarter).
This looks like negative growth to me, and I don't see
too much upside in the stock with these figures or the
sector. With these numbers, NVLS could trade sideways for
the next 1-2 years and be worth it's P/E. I don't see
too much downside either, so whatever price people
will set it at, will be random and based on pure
psychology only. |
