GE Analysis {Part V }
Valuation:
Current earnings per share estimates for this year and next are trending between $1.20-1.30 for 2009 and $1.25-1.40 for 2010. These numbers are subject to revision. These estimates have continued to trend down and the company has suspended earnings guidance for the balance of the year. Assuming though that these number do not change, fair value for the company could be calculated somewhere in a range between $9.60-16.00 for this year and $10.00-20.00 for 2010. Please note I am not saying where the company will trade but rather giving you an idea of where it COULD trade if conditions do not deteriorate further.
Current earnings per share estimates for this year and next are trending between $1.20-1.30 for 2009 and $1.25-1.40 for 2010. These numbers are subject to revision. These estimates have continued to trend down and the company has suspended earnings guidance for the balance of the year. Assuming though that these number do not change, fair value for the company could be calculated somewhere in a range between $9.60-16.00 for this year and $10.00-20.00 for 2010. Please note I am not saying where the company will trade but rather giving you an idea of where it COULD trade if conditions do not deteriorate further.
Coming Tomorrow....My thoughts on the Company.
posted by CR English at 7:04 AM
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