Post by
retiredcf on Feb 07, 2021 12:40pm
Assessment
ECN is expected to see revenue as follows: 2020 $256M; 2021 $331M; 2022 $400M. EPS 30 cents; 48 cents; 62 cents. The main influences will be economic growth (or lack thereof) and interest rates. Business is good right now, certainly. The company has bought back a lot of shares and could do more. We also would not rule an acquisition this year. Insiders own 7%. We really do not worry about this one: we trust the management team and barring a market event, this is likely on its way to $10+ over the next couple of years.
So said 5iResearch last Thursday. GLTA