Technicals are neutral. Fundamentals are great.
Earnings growth of 11% (8% forecasted) with P/E at 9.70. Historic norm is 11.70, so it historically trades pretty cheap.
Dividend yield of 2.65% is about in line with average.
7.20 P/OCF versus Normal P/OCF of 8.00. Small decline in OCF expected, but growth of EPS is better imo.
PT $52
Earnings growth of 11% (8% forecasted) with P/E at 9.70. Historic norm is 11.70, so it historically trades pretty cheap.
Dividend yield of 2.65% is about in line with average.
7.20 P/OCF versus Normal P/OCF of 8.00. Small decline in OCF expected, but growth of EPS is better imo.
PT $52
評論:
Target $49