Wednesday, August 27, 2014 1:03:15 PM
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Let's look at this the way a real long investor would:
2015 EPS estimate of $1.09
forward P/E = $13.50 / $1.09 = 12.4x
growth est. = 25.0%
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And the comps in the industry:
GNC fP/E = 11.8x
growth est. = 5.1%
HAIN fP/E = 22.4x
growth est. = 10.2%
GIS fP/E = 16.5x
growth est. = 1.7%
NSRGY fP/E = 17.7x
growth est. = 4.5%
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Average fP/E multiple for those four comps is 17.1x. This applied to the $1.09 2015 EPS gives you a price of $18.64!!!!!!!!!!!
Bellator just sold those shares to someone very cheaply. Say thanks someone.
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