InvestorsHub Logo

fishhunter

05/15/17 5:19 PM

#41145 RE: RStevens #41143

I probably do agree with that. Given last years Q2/3/4, it is difficult to find much fault with a stock price of 2.25. Now that last years Q1 drops away, the trailing PE is quite high and PS is roughly 2. So that is a decent valuation.

That said, we are now almost halfway through 2017. It seems reasonable to expect EPS to be in 14 to 20cent range and revenue to be in the 17 - 20mil range. So at some point within a year, it will again be pretty easy to make a fundamental case for why VTSI should be higher (assuming it stays at 2.25).

A 20% grower with so much cash on the bal sheet should easily command a PE of 20. So I don't think we have much to worry about right now.