Scott Wachsler's  Instablog

Scott Wachsler
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I manage Wax, a baseline equity research company comprised of individual investors not licensed or registered with any government agency. I have been all cap value investor and independent equity researcher for the past 30 years, and believe that patience is the key to successful... More
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Wax Ink
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Wax Ink
  • Value Alerts - Affymetrix, Inc. 0 comments
    Mar 17, 2013 11:23 AM | about stocks: AFFX

    Texas (Mar. 16, 2013) Wax Ink has issued a No Investment Interest rating for Affymetrix, Inc. (Nasdaq: AFFX) based on a recent baseline equity review which placed fair value between $10-$14.

    The recent close of $4.67 is approximately 19% below the fair value buy target for the stock and approximately 60% below the fair value close target for the stock. The recent close is also 7% below analysts' $5.00 median target for the stock.

    The stock currently has a trailing twelve month PE Ratio of 9, a PEG Ratio of 0.04, and a Price to Tangible Book Ratio of (9.5).

    In the past 52 weeks, share prices have moved between a high of $5.50 and a low of $2.96. With the recent close, the stock is trading 18% below the 52 week high and 37% above the 52 week low.

    Affymetrix, Inc. develops, manufacturers, and sells, genetic analysis products for the life sciences research and clinical healthcare industries.

    All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.

    Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: AFFX
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