Dynamics Research - Value Alert
Texas (September 13, 2013) Wax Ink has issued a Positive Investment Interest opinion for Dynamics Research Corporation (Nasdaq: DRCO) based on a recent baseline equity review which placed fair value between $21-$29.
The recent close of $7.23 is approximately 42% below the fair value buy target for the stock and approximately 72% below the fair value close target for the stock. The recent close is also 34% below analysts’ twelve-month $11.00 median price target for the stock.
The recent close represents an 20% increase in the one year price of the stock, while year-over-year sales decreased 2%, year-over-year earnings increased 54%, and year-over-year debt decreased 24%.
The stock currently has a trailing twelve-month PE Ratio of 3, and a PEG Ratio of 2.6 basis estimated forward earnings growth of 1%.
In the past 52 weeks, share prices have moved between a high of $7.69 and a low of $4.84, placing equilibrium at $6.10.
With the recent close, the stock is trading 6% below the 52 week high, 33% above the 52 week low, and 16% above equilibrium.
The three-month average daily trading volume for the stock is approximately 11,000 shares.
Dynamics Research Corporation provides management consulting, science, engineering, technical, and information technology (IT) services and solutions.
The company's listed competitors include Booz Allen Hamilton, SRI International, and Xerox Corporation.
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012.
All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in any company mentioned in this alert.
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