Michael Kors fundas iphone 7
Uncategorized / Mayo 25, 2017

found its way on my list, and to be honest, it was the first time I ever heard of this company. With 54% of its stock held by institutions, it might have the best chance of that follow on investment from a big player.The company makes pumps and pump systems that are used in water systems, wastewater, and in the oil business. They have been around since 1933 and are located in the heart of Buckeye Nation, Mansfield OH.The stock carries a premium valuation when compared to the industry averages. A 23x forward PE shows a big premium to the 14x industry average. The other metrics investors look to generally show premiums as well, but the reason for that is certainly the growth. The topline is expected to grow 5% this year compared to a contraction of 3% for the rest of the industry. Next year the topline is looking at 10% growth while the industry average is set to grow at 3%. Those growth expectations might be based on the recent beat on the topline. The company reported revenue of $106Mwhen the Zacks Consensus Estimate was looking for $94M, so a huge beat of 13%. That topline surge allowed…