EDO Corp Forbes Listed As Years Biggest 'Losers'
analyst | 18.07.2006 23:24 | Analysis | Anti-militarism | South Coast
Independent Stock Market News
A Forbes website report has put the boot into troubled warmongers EDO Corp. as they are named NYSE official losers of the year due to a distasterous loss of high court case against anti-war protesters in Brighton. EDO wre once listed by Forbes as one of the fasted growing companys in America.
Not any more.
A Forbes website report has put the boot into troubled warmongers EDO Corp. as they are named NYSE official losers of the year due to a distasterous loss of high court case against anti-war protesters in Brighton. EDO wre once listed by Forbes as one of the fasted growing companys in America.
Not any more.
EDO Corp had a market value of $560,000,000 till they lost the case in April. According to Forbes website they are now worth $406,000,000 meaning a total loss of
$155,000,000.oo
http://www.forbes.com/2006/07/17/beltway-year-winners-cz_ag_0718beltwaystockscan.html?partner=yahootix
More bad news is expected next week as EDO release 2nd Quarter results.
EDO Corporation: Stock Rating Detail From MSN Money website:
EDO Corp.
StockScouter Rating: 2 out of 10
The grades below summarize the effects of key business and trading trends on this stock. Those grades are combined and weighted to generate the StockScouter rating.
Fundamental
Grade: F
• The most recent quarterly earnings report was significantly lower than analysts' consensus forecast. Negative
• Earnings growth in the past year has decelerated moderately compared to earnings growth in the past three years. Negative
• One or more analysts has modestly decreased quarterly earnings estimates for EDO. Negative
Ownership
Grade: C
• Insider trading information is unavailable or inconsistent.
• Shares are neither being accumulated heavily nor sold heavily by financial institutions. Neutral for a small company like EDO
Valuation
Grade: C
• The price-to-earnings multiple is close to the average for all stocks in the StockScouter universe. Neutral
• The price-to-sales multiple is slightly lower than the average for all stocks in the StockScouter universe. Positive for a small company like EDO
• The ratio of EDO's price-to-earnings multiple to its five-year growth rate is slightly below the average of all stocks in the StockScouter universe. Positive
Technical
Grade: F
• The StockScouter measure of relative price change and consistency is very low. Very negative
• Previous day's closing price for EDO was slightly below its 50-day moving average. Negative
$155,000,000.oo
http://www.forbes.com/2006/07/17/beltway-year-winners-cz_ag_0718beltwaystockscan.html?partner=yahootix More bad news is expected next week as EDO release 2nd Quarter results.
EDO Corporation: Stock Rating Detail From MSN Money website:
EDO Corp.
StockScouter Rating: 2 out of 10
The grades below summarize the effects of key business and trading trends on this stock. Those grades are combined and weighted to generate the StockScouter rating.
Fundamental
Grade: F
• The most recent quarterly earnings report was significantly lower than analysts' consensus forecast. Negative
• Earnings growth in the past year has decelerated moderately compared to earnings growth in the past three years. Negative
• One or more analysts has modestly decreased quarterly earnings estimates for EDO. Negative
Ownership
Grade: C
• Insider trading information is unavailable or inconsistent.
• Shares are neither being accumulated heavily nor sold heavily by financial institutions. Neutral for a small company like EDO
Valuation
Grade: C
• The price-to-earnings multiple is close to the average for all stocks in the StockScouter universe. Neutral
• The price-to-sales multiple is slightly lower than the average for all stocks in the StockScouter universe. Positive for a small company like EDO
• The ratio of EDO's price-to-earnings multiple to its five-year growth rate is slightly below the average of all stocks in the StockScouter universe. Positive
Technical
Grade: F
• The StockScouter measure of relative price change and consistency is very low. Very negative
• Previous day's closing price for EDO was slightly below its 50-day moving average. Negative
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