Ideal Financial Solutions Receives Outperform Rating in Murphy Analytics ResearchFont size: A | A | A9:00 AM ET 8/26/09 | GlobeNewswire Ideal Financial Solutions, Inc. (Pink Sheets:IFSL) announced today that Murphy Analytics, an equity research group, has initiated coverage on Ideal Financial Solutions, Inc. with an "Outperform" rating.
In the report entitled "Turning Debt Into Wealth - One Family at a Time" Murphy Analytics points out: "IFSL Q2 2009 revenue increased over 100% relative to Q1 2009. Based on a recent stock price of $0.0037, the implied price / earnings ratio for IFSL is 14.5x. As reference, the Invesco Powershares QQQ, which tracks the Nasdaq-100 Index, recently traded at a P/E ratio of 19.3x."
"We are very pleased with the quality of Murphy Analytics research coverage," said Steven Sunyich, CEO of Ideal Financial Solutions. "The report provides serious investors with an in-depth understanding of our Company and the opportunity for our shareholders. After intense review, we're pleased that Murphy Analytics sees a great deal of upside in both the near and long term and has initiated coverage on IFSL with an Outperform rating. We hope that this report furthers our goal to provide more transparency to the market and to better demonstrate the good things happening at Ideal Financial."
From the report:
OUTLOOK:
"With increases in household debt and unemployment, coupled with declines in home prices and the lack of growth in wages, the U.S. consumer is awakening, by choice or not, to a new approach to managing personal finances. This more conservative personal fiscal mentality seems to be captured by an increase in the savings rate. Macroeconomic conditions seem to provide a clear need for IFSL solutions both currently and into the foreseeable future."
CONCLUSION:
"Based on the view that changing consumer attitudes and macroeconomic conditions will drive demand for the IFSL solution in the near and long-term, Murphy Analytics is initiating coverage with an "Outperform" rating as the stock has the potential to appreciate based on continued revenue growth and P/E multiple expansion."
About Ideal Financial Solutions
Based in Las Vegas, Ideal Financial Solutions (www.idealfsi.com) provides the education, support and automated tools to create additional cash resources, rapidly eliminate all non-asset-building debt and build financial independence. As a leader in personal cash-flow management systems, Ideal uses its automated CashFlow Management tools (www.myifs.com) and its Credit to Wealth Systems (www.credittowealth.com) to assist individuals, families and small businesses in building financial independence. For investors who would like to receive Ideal's newsletter, please send your email address to: support*idealfsi.com.
Murphy Analytics provides company-sponsored research coverage on small-cap stocks in a broad range of sectors. Murphy Analytics was paid $5,000 by Ideal Financial Solutions in advance of the creation of this report. For additional information, please visit http://www.murphyanalytics.com. The views expressed in the report on Ideal Financial Solutions accurately reflect the analyst's personal views. Neither the analyst's compensation nor the compensation received by Murphy Analytics is in any way related to the specific rating or the views contained in this research report.
Forward Looking Statements. This release may contain forward-looking statements as well as historical information. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks include, without limitation, the risk that the company's revenues will not continue to grow, that second quarter revenue may not meet projections because of a associated with the company's new marketing and other initiatives will exceed associated revenues and that the company will not become, or will be significantly delayed in becoming, a fully reporting company for one or more reasons, including a decision by the company not to pursue fully reporting status, absence of capital or other resources to satisfy compliance status, an adverse action or decision by a regulatory agency or other event. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.
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