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 Alert - Accuride Corporation 0 comments
    Mar 26, 2013 5:39 AM | about stocks: ACW

    Texas (Mar. 26, 2013) Wax Ink has issued a No Investment Interest rating for Accuride Corporation (NYSE: ACW) based on a recent baseline equity review which placed fair value between $5-$7.

    The recent close of $5.50 is approximately 73% above the fair value buy target for the stock and approximately 16% below the fair value close target for the stock. The recent close is also 15% below analysts' $6.50 median target for the stock.

    The stock currently has a trailing twelve month PE Ratio of 14, and a PEG Ratio of 0.6 basis estimated forward earnings growth of 22%.

    In the past 52 weeks, share prices have moved between a high of $9.14 a low of $2.21. With the recent close, the stock is trading 66% below the 52 week high and 60% above the 52 week low.

    Accuride Corporation manufacturers commercial vehicle components.

    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: ACW
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