I bought this one at $15.20 in April. At the time, it was trading at an EV/forward earnings multiple of about 5.7x. It still looks pretty cheap, if it can maintain earnings at this level. The company doesn't give earnings guidance, but it does guide for revenue. They expect a 10% increase in revenue this year.
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I bought this one at $15.20 in April. At the time, it was trading at an EV/forward earnings multiple of about 5.7x. It still looks pretty cheap, if it can maintain earnings at this level. The company doesn't give earnings guidance, but it does guide for revenue. They expect a 10% increase in revenue this year.
Jun 12 09:41 am
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All Comments by DaveinHackensack »Screaming Value at Syneron Medical [View article]