Airlines are hurting but consolidation will surely knock on XJT doors soon... they have already had numerous buy-out attempts, more to come.... THIS WILL BE BIG.
According to their most recent balance sheet, the company has $5.66 Cash per Share. The company has a stable balance sheet. With a long term debt of $149.33 million and only $3.9 million in their current portion of LT Debt, the company is in no risk of bankruptcy. Earnings come out August 8th. Making or beating expectations will send this stock up. Even with bad news, the stock still has the $5.66 floor to hover around. Low Risk, with great return possible.
As I’m writing this I am currently waiting on for a Southwest flight from Nashville to Philadelphia. To keep with the theme, today I will be reviewing an airline stock. The company does not actually make my ugly ducklings list as the price to net tangible assets is currently a little high at 1.1, but it meets my other criteria with flying colors (enterprise value to revenue at 0.10, price to earnings at 3.8, growth at 5.1%).
For the past 20 years, the airline industry has been a pretty lousy place to be invested. Financial pain in the industry has been very real with many compan
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
XJT
About ExpressJet Holdings Inc.
- Answers.com
