FAT CATS

[serfdom]

Awww, thanks! Did you read this update we added over the weekend:

Personally, I think you're good to $30 in the next few months.

Fundamentals: Force Protection soundly beat revenue targets and profit estimates for Q4 and FY2006, even before factoring in a huge tax deferment. FY '07 analyst estimates call for a 74% earnings growth rate. All three analysts unanimously rank Force a Strong Buy, with median and high targets target of $25 and $31, respectively. As of April 2, a PEG ratio of 0.79 and forward P/E of 16, compared to trailing P/E of 49, seem to indicate shares of FRPT are still significantly undervalued at this time.