Saw this also but it has historically traded around this multiple & i don't know enough about the industry. Seems hard for a re-rating unless they just turn the buyback machine on.
I wanted to look into their historical multiple more since the stock price is volatile and earnings have been better the last several years. They do have a ton of cash and did a decent buybacks earlier this year
Saw this also but it has historically traded around this multiple & i don't know enough about the industry. Seems hard for a re-rating unless they just turn the buyback machine on.
I wanted to look into their historical multiple more since the stock price is volatile and earnings have been better the last several years. They do have a ton of cash and did a decent buybacks earlier this year