Cendant Corporation (NYSE:CD) 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.

Non-Tech : Cendant Corporation (NYSE:CD)

CD 6.140

-17.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Teichrow who wrote (2720)	12/1/1998 2:04:00 PM
From: Bob Rudd	Read Replies (1) of 3627

$1.10 low ball..Consensus is $1.11 biz.yahoo.com with a wide range that would cause one to discount the consensus for risk. I hope it comes in way higher, but analysts estimates tend to be high, though with CD they may have been more conservative. Valuation: S & P earnings are projected to grow about 20% to 52. At current levels that's 22.5 PE on next years. If same PE is applied to CD we're looking at about $25...near Goldman's $24. If they package and sell the internet biz there's no hit to earnings cause it's not making anything, but they'll get a big chunk of cash for it if done right. I think CD's $1.10 is more certain than S & P's $52 and I think CD's forward growth prospects are better than overall S & P, but it may take awhile for market to raise relative PE on CD.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next