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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 Alert - Accuray Incorporated 0 comments
    Mar 25, 2013 5:54 AM | about stocks: ARAY

    Texas (Mar. 25, 2013) Wax Ink has issued a No Investment Interest rating for Accuray Incorporated (Nasdaq: ARAY) based on a recent baseline equity review which placed fair value between $1-$2.

    The recent close of $4.54 is approximately 1116% above the fair value buy target for the stock and approximately 491% above the fair value close target for the stock. The recent close is also 39% below analysts' $7.50 median target for the stock.

    The stock currently has a trailing twelve month PE Ratio of (9), and a PEG Ratio of (1.1) basis estimated forward earnings growth of 10%.

    In the past 52 weeks, share prices have moved between a high of $8.07 a low of $4.15. With the recent close, the stock is trading 78% below the 52 week high and 9% above the 52 week low.

    Accuray Incorporated manufacturers and markets the CyberKnife system, an image-guided robotic radiosurgery system used for the treatment of solid tumors.

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

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

    Copyright © 2013 Wax Ink

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

    Stocks: ARAY
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