Saul,
Do you worry about RUBI’s share count? Up to 48,676 diluted shares at the end of March 2016, vs 35,758 a year ago. That’s a 36% increase…kind of seems excessive.
Bear
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Saul, Do you worry about RUBI’s share count? Up to 48,676 diluted shares at the end of March 2016, vs 35,758 a year ago. That’s a 36% increase…kind of seems excessive. Bear
Hi Bear, That is a bunch, but they are still in hyper-growth stage, having just IPO’ed in 2014, and Revenue was up 82% from 2014 to 2015, and 73% last quarter! That’s REVENUE!
And earnings were up over 400% from 20 cents to $1.03 from 2014 to 2015.
And up a ridiculous 1400% from 2 cents to 31 cents last quarter. And they have trailing earnings of $1.32, a price of $12.99, and a PE of 9.77 !!!
So I’m not especially worried about share count for now. More about possible competition from Google and Facebook in the advertising realm, but figuring that advertisers aren’t going to want those mammoth companies to have a monopoly on the exchange as well as the exhibiting of ads. JMO
Saul
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I don’t own this stock yet, but you have to like the fact that cash on the balance sheet is about 25% of the market cap and the company generates plenty of free cash flow.
Don
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