Euronext NYSE Anticipated Growth Rate: Numbers Too Low

Echo To All submits: The anticipated five year growth rate for NYSE Euronext (NYX) has been reduced from 24-25% to 20%. I think now the numbers are too low, especially if you were to incorporate the Euronext aspect of the exchange to NYSE. (The Euronext numbers were reported on Friday - they speak for themselves.)

This makes NYX look more expensive, but that is because analysts have brought down their estimates. (FYI, MasterCard (MA) experienced a similar event a few months ago. And the action of MA also speaks for itself.)

The chart still indicates some negativity around NYX, but not as severe as you would expect considering that two major firms downgraded the stock to 'sell’ and that the stock experienced a large price decline. (This speaks more for its volatility than weakness caused by sellers.)

NYX 1-yr chart