Texas (August 22, 2013) Wax Ink has issued a Positive Investment Interest opinion for US Airways Group, Inc. (NYSE: LCC) based on a recent baseline equity review which placed fair value between $48-$54.
The recent close of $15.81 is approximately 45% below the fair value buy target for the stock and approximately 73% below the fair value close target for the stock. The recent close is also 26% below analysts' twelve-month $21.50 median price target for the stock.
The recent close represents a 38% increase in the year over year price of the stock, while for the same period sales increased 6%, and earnings increased 3%.
The stock currently has a trailing twelve-month PE Ratio of 2, and a PEG Ratio of 0.2 basis estimated forward earnings growth of 10%.
In the past 52 weeks, share prices have moved between a high of $19.70 and a low of $10.10, placing equilibrium at $16.56.
Basis the recent close, the stock is trading 25% below the 52 week high, 36% above the 52 week low, and 5% below equilibrium. The three-month average daily trading volume is approximately 6.9 million shares.
US Airways Group, Inc. through its subsidiaries, provides air transportation for passengers and cargo. The company's listed competitors include AMR Corporation, United Airlines Corporation, and Southwest Airlines Corporation.
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 any company mentioned in this alert.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.