Replies to post #633328 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

Expected EPS $7.80, P/E only 2.62====>PPS of ~$100 should be justified

Data from: https://www.zacks.com/stock/quote/COOP/detailed-estimates

With a P/E of 14, which is typical for the mortgage sector, a fair price per share would be ~ $109

Current P/E: only 2.62
Typical P/E in the mortgage sector: 14
COOP's expected EPS for the full year: $7.80

PPS = P/E * EPS = 14 * $7.80 = ~$109

Let's assume only a P/E of 10 instead of 14, then $78 is a little bit more conservative value for COOP...

All IMO

With a very low P/E of 4.3 and great earnings outlook, this stock is positioned to go.
I hope they continue to let it run.

GO COOP!

[JusticeWillWin]

And don't underestimate the $5.9 billion(!) NOLs that COOP has. That's a huge advantage over all competitors... :-)

That means almost NO TAXES on profit until they are fully offset/utilized.

With a very low P/E of 4.3 and great earnings outlook, this stock is positioned to go.
I hope they continue to let it run.

GO COOP!