Forestar Group Inc.'s low P/E ratio may be due to investors' anticipation of future earnings decline. The company's poor earnings outlook contributes to its low P/E, forming a barrier for the share price.
According to our price model, Forestar Group Inc.'s shares (NYSE:FOR) may still be undervalued. Despite potential future dip due to high beta, the firm's double-digit growth projection paints a bright future not fully depicted in its current price.
Insider sale at current share price of US$31.45 for Forestar Group Inc. is not alarming, but not positively seen either. With no insider buys in the last year and low levels of ownership, caution is advised before investing.
Forestar Group's accrual ratio suggests robust free cash flow, implying the firm's statutory profit may underestimate its earnings potential. Firm's growing EPS are seen positively by analysts.
Despite lowered EPS and revenue, Forestar Group's stock climbs, indicating other influences. With upbeat sentiment and firm share price momentum, scrutiny of the stock may be warranted.
Gainers: In reaction to earnings/guidance: •$オムニコム グループ(OMC.US)$+6.8% (Omnicom reports Q2 EPS $1.68, consensus $1.58) •$ネットフリックス(NFLX.US)$+6.3% (Netflix executives said they expect 1 million new subscribers to join in the third quarter, with revenue forecast to grow to $7.84 billion from $7.48 billion a year ago) •$フルトン ファイナンシャル(FULT.US)$+4.3% (Fulton Financial reports Q2 EPS 42c, consensus 37c) •$アボット ラボラトリーズ(ABT.US)$+0.6% (Ab...
フォレスター グループに関するコメント
In reaction to earnings/guidance:
• $オムニコム グループ(OMC.US)$ +6.8% (Omnicom reports Q2 EPS $1.68, consensus $1.58)
• $ネットフリックス(NFLX.US)$+6.3% (Netflix executives said they expect 1 million new subscribers to join in the third quarter, with revenue forecast to grow to $7.84 billion from $7.48 billion a year ago)
• $フルトン ファイナンシャル(FULT.US)$ +4.3% (Fulton Financial reports Q2 EPS 42c, consensus 37c)
• $アボット ラボラトリーズ(ABT.US)$ +0.6% (Ab...
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