Take a look at this one growing at over 15%. Next years earning estimates are .35. PE of 20 (should be higher because of growth rate) puts the price at $7.
They have shareholder equity of $80 Million. The plant shut down cost them the last quarter but revenues should still be between $80-$84 Million up 15-20% year over year and earnings of .23-.26. Next year revenues should be well over $100 Million with earning estimates of .35!
Posts: 1458 | From: Ohio | Registered: Mar 2004
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DRAX has great support at $4.65. I have owned this stock for 4 months now, even with last quarters little loss over its previous quarter it has been hanging out at around $4.60-$4.75, even had a nice spike to around $5.60. Due the DD, I'm sure you'll agree! -Deluxer4life
Posts: 39 | From: Chicago, IL | Registered: Oct 2005
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