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I manage Wax Ink.net, 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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  • Cubic Corporation - Value Alert 0 comments
    Sep 8, 2013 8:11 AM | about stocks: CUB

    Texas (September 8, 2013) Wax Ink has issued a No Investment Interest opinion for Cubic Corporation (NYSE: CUB) based on a recent baseline equity review which placed fair value between $58-$65.

    The recent close of $51.64 is approximately 50% above the fair value buy target for the stock and approximately 27% below the fair value close target for the stock. The recent close is also 9% below analysts' twelve-month $57.00 median price target for the stock.

    The recent close represents a 1.5% increase in the one year price of the stock, while year-over-year sales decreased 7%, year-over-year earnings decreased 10%, and year-over-year debt decreased 28%.

    The stock currently has a trailing twelve-month PE Ratio of 12, and a PEG Ratio of 2.8 basis estimated forward earnings growth of 4.5%.

    In the past 52 weeks, share prices have moved between a high of $53.48 and a low of $40.61, placing equilibrium at $49.09.

    With the recent close, the stock is trading 4% below the 52 week high, 21% above the 52 week low, and 5% above equilibrium.

    The three-month average daily trading volume for the stock is approximately 89,000 shares.

    Cubic Corporation is mainly involved in the design, development, manufacture, integration, installation, operation, maintenance, and support of high technology products and systems, including training, operations, intelligence, maintenance, technical, and support services to the U.S. government and allied nations. Cubic is also engaged in the transportation systems business and is the leading provider of automated revenue collection systems and services worldwide.

    The company's listed competitors include Lockheed Martin Corporation, Northrop Grumman Corporation, and Thales

    Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending September 30, 2012.

    All prices are per share unless otherwise noted.

    Wax Ink currently has no investment position in any company mentioned in this alert.

    For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D.

    Copyright © 2013 Wax Ink

    Wax Ink is a baseline equity research company 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.

    Themes: Quick Picks Lists Stocks: CUB
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