Sharing Knowledge in Smallcaps

[timhyma]

One to mull over- GR

GR
Goodrich Corporation, formerly known as The B.F.Goodrich Company, is engaged in two business segments, BFGoodrich Aerospace and BFGoodrich Engineered Industrial Products. The Aerospace Segment is comprised of Aerostructures and Aviation Services, Landing Systems, Engine and Safety Systems and Electronic Systems. These groups serve commercial, military, regional, business and general aviation markets. Engineered Industrial Products is a single business group. This group manufactures industrial seals, gaskets, packing products, self-lubricating bearings, diesel, gas and dual fuel engines, air compressors, spray nozzles and vacuum pumps. In August 2001, the Company sold its Electronic Materials Division to Sumitomo Bakelite Co., Ltd.

For the nine months ended 9/30/01, sales rose 14% to $3.13 billion. Net income from continuing operations applicable to Common rose 33% to $221.9 million. Revenues reflect higher electronic systems group sales due to acquisitions. Earnings also reflect lower merger-related expenses and higher interest income

Recent Price $25.82
Book Value (mrq) $14.71
Total Cash (mrq) $84.3M
Shares Outstanding 101.9M Float 62.2M
Shares Short 2.71M Percent of Float 4.3%
Insider and 5%+ Owners: 39%
· 9 insider buys

Profit Margin (ttm) 7.7% Operating Margin (ttm) 14.0%

Goodrich Corporation Signs Distribution Agreement for Natural Gas Engines With Spain's Guascor S.A.; Agreement Expands Goodrich's Fairbanks Morse Engine Power Generation Portfolio
http://biz.yahoo.com/prnews/020103/chth001_1.html


Goodrich Corporation, a mid-cap value company in the capital goods sector, is expected to significantly outperform the market over the next six months with average risk.
Earnings growth in the past year has accelerated moderately compared to earnings growth in the past three years. Positive
One or more analysts has modestly increased quarterly earnings estimates for GR. Positive
The price-to-earnings multiple is lower than average for all stocks in the StockScouter universe. Positive
The price-to-sales multiple is significantly lower than the average for all stocks in the StockScouter universe. Positive/Neutral for a medium- to large-sized company like GR
Previous day's closing price for GR was significantly above its 50-day moving average. Very positive

12 month Consensus $32
http://www.nasdaq.com/asp/GuruAnalysis.asp?symbol=USIX`&symbol=GR&selected=GR

1-6 week targets
TARGET 1 Price: 28.67 Profit: 8.19%
POTENTIAL Excellent,
Stop Limit/Trailing Stop Limit: 25.04 Loss: 5.51%
TARGET 2 Price: 30.55
Watch for POSSIBLE breakout above 27.31

Downside trading
TARGET 1 Price: 21.88 Profit: 17.4%
POTENTIAL Poor
Cover Limit/Trailing Cover Limit: 27.66 Loss: 4.38%
TARGET 2 Price: 20.42

Composite Indicator TrendSpotter (TM) Buy
Support Price (5day): $25.820 Support Price (20day): $22.910 Support Price (50day): $20.260 Support Price (100day): $17.100

Resistance Price (5day): $26.620 Resistance Price (20day): $26.620 Resistance Price (50day): $26.620 Resistance Price (100day): $36.270

The Company and certain of its subsidiaries are defendants in various lawsuits involving asbestos-containing products. In addition, the Company has been notified that it is among potentially responsible parties under federal environmental laws, or similar state laws, relative to the cost of investigating and in some cases remediating contamination by hazardous materials at several sits. See Note K to the accompanying unaudited condensed consolidated financial statements, which is incorporated herein by reference.
There are pending or threatened against BFGoodrich or its subsidiaries various claims, lawsuits and administrative proceedings, all arising from the ordinary course of business with respect to commercial, product liability, asbestos and environmental matters, which seek remedies or damages. BFGoodrich believes that any liability that may finally be determined with respect to commercial and non-asbestos


That same broker who gave me OI just called.

Want's me to buy GR now .....Take a look at it and post your opinions.It's at $26.50 and he's looking for $33 within 90 days.

Sales $3.13 Billion
Profit $221.9 Million

http://biz.yahoo.com/p/g/gr.html

He gave me OI at $6.02 closed today at $10 for a +65.95% gain.

Something to think about.

Ray