Astoria Financial Corp (NYSE:AF)

CAPS Rating: 2 out of 5

The Company, through its wholly-owned subsidiary, Astoria Federal, attracts retail deposit and invests those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings.

Recs

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Player Avatar hirshey (96.20) Submitted: 3/1/2007 4:48:40 PM : Underperform Start Price: $22.12 AF Score: +59.98

Another overvalued company with a target price around $27 by valuation numbers. Negative revenue and earnings growth signals a short-term trend that will be hard to reverse.

Company is also saddled with $6+ B in debt.

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