RE:Some estimatesIf you look at the post by Altman1979 on January 28 he provides analysis coming from Echelon. They have been covering PHO for years, and their analyst Amr Ezzat seems to have been on the earnings conference call every quarter that I remember.
Rob0012 wrote: I haven't found any analyst coverage...if some are more successful, please share. Meanwhile I did my oen estimates for some key indicators. Photon released their Q4 and 2019 financial resutls on March16th last year, so we have a bit o ftime to play with numbers! My Q4 estimates for Revenues are 18M$ with annual estimates of 68M$. Net earnings per shares of 3 and 15 cents respectively. I would expect market to better recognize the CO's existing growth and perspective for the next couple of years and to rather apply a 30X price/earning ratio. Based on all the above, I have a target price of $4.50 for the next 12 months. Any acquisition or new major partnership annoyncement would obviously bring this target much higher. The cahs and cash equivalent growth is also a sign of solid management through a staedy development plan. Got to love it.
Rob