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Strategies & Market Trends : Value Investing

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To: walterenergy who wrote (74899)1/22/2024 9:13:24 AM
From: Elroy   of 78748
 
I looked at NFE's Q3 2023 results.

finance.yahoo.com

They did $1.80 through the first nine months of the year. So they're on about a $2.40 per year EPS run rate.

  • Adjusted EPS(2) of $0.30 on a fully diluted basis in the third quarter of 2023 and $1.78(2) in the first nine months of 2023"


The stock price is $32.

So why does the chart you posted say the PE is 4x? On my quick glance it looks closer to ~14x 2023 EPS.

Any explanation is appreciated........

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Also, if things are so good at NFE, why is a $32 stock only paying 40 cents per year dividend?
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