Q: Hello 5i
Kxs has been pretending to be a growth stock now for five years…..trading sideways with price move failures at or below $200.
I do not have the luxury of holding since lows so really been watching dead money in a long term portfolio.
What valuation metric are investors waiting for Kxs to grow into?
Analysts have indicated lower prices ahead and have been right on this name again.
What’s it going to take?
Or is this finally a sell despite positive comments about recent earnings?
Thanks
Dave
Kxs has been pretending to be a growth stock now for five years…..trading sideways with price move failures at or below $200.
I do not have the luxury of holding since lows so really been watching dead money in a long term portfolio.
What valuation metric are investors waiting for Kxs to grow into?
Analysts have indicated lower prices ahead and have been right on this name again.
What’s it going to take?
Or is this finally a sell despite positive comments about recent earnings?
Thanks
Dave
5i Research Answer:
If we look at consensus numbers, EPS is expected to go from $0.84 last year to $3.59 this year...