Q: Your thoughts on this company has really struggled lately,would you buy here,are there any tailwinds on the horizon and your thoughts on management for a 1-2 year hold thanks
5i Research Answer:
DFY is down 13% YTD, bringing P/E to 17x. Yield is 1.37%. It is (via consensus) still expected to show very good earnings growth this year. But it did miss estimates last quarter. The stock has also been hit with a couple of broker downgrades. Still, there has been some recent insider buying, and we do not think things are so bad. Management has done a good job since going public (shares up 123% since 2021). We would consider it buyable for those with a decent timeframe.