GPN
Brought some GPN Today at $114.74. here is what I like.
GPN is a consistent Grower of eps, and that is what I like the most.
FY 24: $11.54-11.70 (Estimate)
FY 23: $10.42
FY 22: $9.32
FY 21: $8.16
FY 20: $6.40
FY 19: $6.22
FY 18: $5.19
FY 17: $4.01
FY 16: $3.19
That is a great track record of EPS growth. Estimates for FY 25 are north of $13. I believe GPN should trade at a 15 multiple. Hence I feel FV should be around $190-$200. But even lets say I'm too optimistic a 12 pe get us to about $160 in about a year. GPN I feel is excellent long-term consistent growth story trading at less than 10 times this years estimates, and less than 9 times next years estimates, for a company that consistentently grows eps by low double digits every year. Time will tell. But I think buying GPN down here will prove to be a very attractive entry point in the long run. Time will tell. Will add more on weakness. All is just my opinion, and I could always be wrong though.