Question
Sully Corp. currently has an EPS of $2.48, and the benchmark PE ratio for the company is 20. Earnings are expected to grow at 5.5
Sully Corp. currently has an EPS of $2.48, and the benchmark PE ratio for the company is 20. Earnings are expected to grow at 5.5 percent per year. What is your estimate of the current stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Stock price $ What is the target stock price in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Stock price in one year $ Assuming the company pays no dividends, what is the implied return on the company's stock over the next year? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., 32.2.) Implied return %
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