Post by
GeorgianBayGuy on Feb 18, 2021 3:22pm
Fairly Valued
Hate to say it but the current SP for REAL represents fair value for the stock given the company's inability to meet street expectations in recent quarters and (most importantly) its failure to demonstrate dramatic growth in the top and bottom lines.
REAL will not be able to achieve 30X-35X SP multiples until it closes these gaps. Therefore, 25X expected earnings represents fair value at the moment.
JMHO and don't shoot the messenger!
-GBG