OTCPK:STZHF - Post by User
Comment by
Stocker46on Nov 17, 2021 7:09pm
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Post# 34138596
RE:Why the weakness?
RE:Why the weakness?This weeks trading makes no sense.
Stelco's 12 month trailing EPS is now $12.32 .. which brought their Price/Earnings ratio from 11.6 down to 3.6.
Earnings estimates for 4th Q (average of 7 brockers) is currently $8.11 EPS ... so if they come even close, you're looking at an annual EPS of $20 or more.
At today's price, that would give you a P/E Ratio of 2.2 ... for a company in great financial shape, in a market that is expected to remain strong through at least 2022. ???