06-23-2021, 10:25 AM
(06-23-2021, 10:17 AM)vbin Wrote:(06-23-2021, 09:10 AM)ken-do-nim Wrote: Why has no one mentioned CMI before? Looks like a great time to buy it. Wish I had some cash to do soI use to own. Still overvalued, needs another 10% drop to be fairly valued.
Bought my last batch around $180 last Summer. P/E of 15 (TTM) would be roughly $190.00/share. However, FAST Graphs shows year-end 2021 P/E of 15 would equate to roughly $240/share, so they are forecasting earnings to rise to about $16/share by year's end.