Post by
argentia77 on Mar 01, 2016 9:18am
CXR P/E
So I've been wondering. CXR current P/E is shown as 199.65. That's seems pretty high, even for the sector. What is it likely to be after 2015 financials are released and what impact do you think this will have on the SP? Anyone?
Comment by
fdfd12 on Mar 01, 2016 10:00am
Thanks guys, I appreciate it.
Comment by
argentia77 on Mar 01, 2016 10:22am
fdfd: thanks for the link. If I'm reading it correctly the current EPS estimate for 2015 is 4.51. If that number is confirmed (date?) what impact do you suppose it will have on the sp?
Comment by
fdfd12 on Mar 01, 2016 10:46am
need to look at 2016 where it says 6.38. That is the important one. Last year not really important.
Comment by
sunshine7 on Mar 01, 2016 10:51am
I thought that the guidance (adjusted) eps was closer to 6.50USD. From the preliminary 2016 guidance news release (which has not changed): "For the full year 2016, Concordia anticipates adjusted EBITDA of US$610 million to US$640 million. The Company also expects adjusted net income of US$330 million to US$355 million, and anticipates adjusted EPS3 of US$6.29 to US$6.77."
Comment by
fdfd12 on Mar 01, 2016 10:58am
Yes but the analysts avg that yahoo.com looked at has an average of 6.38
Comment by
biggerr on Mar 01, 2016 11:01am
it's a very good EPS, you slap a 10 P/E on it and you gets $60, is it US?
Comment by
argentia77 on Mar 01, 2016 11:06am
From sunshine's post its in USD: https://www.stockhouse.com/companies/bullboard/t.cxr/concordia-healthcare-corp-common-shares?postid=24608682 And even better 10x P/E = $65 USD.