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Replies to post #68548 on Savvy Trades and Investments

Replies to #68548 on Savvy Trades and Investments
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2morrowsGains

02/19/20 9:24 AM

#68550 RE: gilead23 #68548

WSTG...Management pretty much hinted to this kind of quarter in their last two investor conferences. The way I understood things is they were shooting for gross profit of $30M for the year.

I really like the forward guidance for 2020.
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2morrowsGains

02/19/20 9:58 AM

#68551 RE: gilead23 #68548

WSTG...I think they are shooting for $33M in GP for 2020. So another $3M in GP this year with the majority of that going to pre-tax income. So I'm guessing this year they will show approximately $2+ in EPS.
Could easily see a $20 share price over the next year IMO, especially if they raise the dividend.
It'll be interesting to see how they handle the buyout offer. We'll see if it comes up in the cc.