Equity to Assets still under 16%. This has been a good performer but is it time to sell?
The stock is trading at around 10.5 times the last 9 months of earnings, so they’ll be trading at less than 10x earnings when the year is done. They’ve been buying back stock this year, some of which reduces the dilution from stock awards. Doesn’t seem expensive to me, and they’ve done well.
Jim
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