Lexmark International, Inc. - Value Alert
Texas (August 5, 2013) Wax Ink has issued a Neutral Investment Interest rating for Lexmark International, Inc. (NYSE: LII) based on a recent baseline equity review which placed fair value between $54-$59.
The recent close of $38.32 is approximately 19% above the fair value buy target for the stock and approximately 42% below the fair value close target for the stock. The recent close is also 37% above analysts’ twelve-month $28.00 median price target for the stock.
The recent close represents a 124% increase in the year over year price of the stock.
The stock currently has a trailing twelve-month PE Ratio of 6, and a PEG Ratio of 2.6 basis estimated forward earnings growth of 2.5%.
In the past 52 weeks, share prices have moved between a high of $38.75 and a low of $17.34, placing equilibrium at $29.73.
Basis the recent close, the stock is trading 1% below the 52 week high, 55% above the 52 week low, 22% above equilibrium, and has an average daily trading volume of approximately 905,000 shares.
Lexmark International, Inc. together with its subsidiaries, engages in the development, manufacture, and supply of printing, imaging, device management, managed print services, document workflow, business process, and content management solutions in North and South America, Europe, the Middle East, Africa, Asia, the Pacific Rim, and the Caribbean.
The company's listed competitors include Canon Inc., Hewlett-Packard Company, and Seiko Epson 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 the company mentioned in this alert.
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