To: Trader J who wrote (7815 ) 11/1/1998 6:42:00 PM From: ayahuasca Read Replies (1) | Respond to of 119973
I posted this on the AGTX board, but it is basically a wasteland, so I am throwing it out here too. No spamming intended AGTX currently has a PE of 13.41. If you go by the thinking that the PE should vaguely reflect the companys near term (1-2 years) growth rate, then, well...... The investment community currently grades the shares of Applied Graphics Technology a "Buy." Monitored by 5 Wall Street research professionals, the stock has a weighted consensus rank, or AQO, of 1.60, which is above the 1.00 AQO benchmark needed to have a "Buy" ranking. The current AQO of the S&P 500 is 0.89, indicating the shares are deemed more attractive than the general market as reflected in the S&P 500. Analysts consensus forecast for Applied Graphics Technology signals a rise in earnings of 61.3% in 1998. This estimate anticipates earnings will grow from 1997's per share figure of $0.93 to $1.50. Currently, another increase 52.0% is forecast for 1999, indicating earnings of $2.28 are deemed possible. Economists currently forecast the earnings of the S&P 500 to increase in 1998 approximately 13.91% and will show a gain of 9.84% in 1999. Taking into account these forecasts and reflecting on the growth foreseen for the S&P 500, earnings at Applied Graphics Technology are expected to see a growth rate that is stronger than the rate of growth anticipated for the broad market in both 1998 and 1999. The third quarter profit projection from industry analysts for Applied Graphics Technology indicates they think the company will report earnings of $0.44 per share. While this forecast indicates no change from the prior month, it still reflects analysts' belief that earnings will rise over the $0.25 per share recorded in the prior year earlier quarter by 76.00%. The investment community's confidence in the earnings forecast is at the top of the scale statistically. There is a lower deviation in the consensus estimate for the company than for the market as a whole and any significant variation of actual results from expectations could have an adverse affect on the price of company shares. AGTX 1998 Applied Graphics Technologies Incorporated ACE CONSENSUS ESTIMATES