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Old 04-15-2010, 03:30 PM   #2261
97ITR
Diagonally parked in a parallel universe
 
Join Date: Dec 2001
Location: Vancouver
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Quote:
Originally Posted by rymack View Post
Curious as to what you guys think of JOEZ
A jean company that has been moving up lately.
http://finance.yahoo.com/q/is?s=joez
There are various companies setting targets above what they are trading for. How much faith do you put in reports like that?
I'm not going to say buy or don't buy but keep in mind EPS is over-inflated over TTM because of the income tax expense of (16)M. If you back that out (it's a one-time thing), TTM EPS is in the realm of 0.10/share and not 0.33/share. Which gives it a P/E of closer to 29 rather than 7.xxx.
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