SI
SI
discoversearch

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 : Argosy Gaming Co. (AGY) -- Ignore unavailable to you. Want to Upgrade?


To: Ram Seetharaman who wrote (146)4/26/1999 6:45:00 PM
From: ChartMan  Read Replies (1) | Respond to of 259
 
The Street is estimating $0.43 for the entire year.
Based on that estimate and today's close @ 7.5,
I get a P/E of ~17.5

The Industry (Leisure & Gaming) average (P/E) is approx 20 for YE 1999

So if AGY just gets valued like the rest of the industry,
I get a stock price of 8 to 9 bux. Don't forget that this is
based on $0.43 EPS for all of '99. What premium will be given if
AGY has accelerated EPS? 1998 EPS was $0.23
1999 est EPS of $0.43 (low in my opinion) is 87% higher and the stock trades @ 17 times earnings. That's it?? tick tick tick.