The recent close of $14.85 is approximately 39% above the fair value buy target for the stock and approximately 33% below the fair value close target for the stock. The recent close is also 7% below analysts' twelve-month $16.00 median price target for the stock.
The recent close represents a 62% increase in the year over year price of the stock.
The stock currently has a trailing twelve-month PE Ratio of 4, and a PEG Ratio of 0.3 basis estimated forward earnings growth of 14%.
In the past 52 weeks, share prices have moved between a high of $14.91 and a low of $4.80, placing equilibrium at $9.26.
Basis the recent close, the stock is trading 0.5% below the 52 week high, 68% above the 52 week low, 38% above equilibrium, and has an average daily trading volume of approximately 356,000 shares.
Federal-Mogul Corporation supplies various powertrain components, disc brake pads, and related accessories, in the United States and internationally.
The company's competitors include Bosch Corporation, Dana Holding Corporation, and GKN plc.
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in the company mentioned in this alert.
For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D.
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.