Dividend investing for retirement Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

Kip S

To: JSB who wrote (33196)	11/5/2020 10:24:05 AM
From: Steve Felix	1 Recommendation Read Replies (1) of 34328

Looks like everything financial took a hit yesterday. Defense stocks were up, but giving some up today. PRU - from CFRA, raising earnings estimates, and lowering value: From their previous report: Our 12-month target price of $80 assumes the shares will trade at 8.6x our 2020 operating EPS estimate of $9.27 and at 7x our 2021 operating EPS estimate of $11.45 versus PRU's ten-year average forward multiple of 8.3x and a peer average forward multiple of 6.6x. Out yesterday: We trim our 12-month target price by $5, to $75, or 6.5x our 2021 operating EPS estimate of $11.60 (raised today by $0.15) and 5.8x our newly initiated 2022 EPS estimate of $12.95, versus PRU's five year average forward multiple of 8.1x and a peer average of 6.6x. IF they are somewhat close, and IF PRU trades at the peer avg. of 6.6 in 2022, it is an $85 stock. Every stock has ifs. :)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next