Bruce's INTV Looks Quite Interesting Now
INTV looks like it is moving up. The fundys look great as they have reported 10 cents, 15 cents, 18 cents, and 24 cents (the last quarter, just reported). One analyst just upgraded it from "buy" to "strong buy," and its overall Zacks rating is now 1.3 (lower is better, and 1.0 is the best possible rating). Now three analysts have "strong buy" ratings and a fourth has a "buy." INTV has beat estimates in three of four quarters by 31%, 15%, 0%, and 20% (in the last quarter), respectively. The trailing PE is just under 15, and the P/E on FY Feb 00 earnings is 12. The PEG ratio is approximately .5 (PEG is PE ratio divided by EPS growth rate, and lower than one is desireable) which is astonishing in today's market, where PEG ratios of 3 or 4 are the norm. What makes all of this even more amazing is that INTV is in an industry (telecom) which should continue to have stellar EPS growth for the next several years.
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