Gaylord Entertainment Company (GET)
A diversified hospitality and entertainment company operating, through its subsidiaries, principally in four business segments: Hospitality; ResortQuest; Opry and Attractions; and Corporate and Other.
Recs
08 EPS: .11
09 EPS: .24
10 EPS: .01
Trailing p/e 146
p/e 67.12
forward p/e 1600
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S&P 1 Star.
Fools Give 1 Star.
I am buying puts on this one as my overall market hedge because it's cheaper than buying them on good companies. We'll see how it works out.
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this one was underperforming when we were all feeding from the trough of properity...during the past 6 months it has killed it...going forward I believe that GET will take it on the chin.
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Is there anything Wallstreet doesn't green thumb? I'd be greenthumbing this too if the brokerage house I worked for was dumping its holding. It's loss making... in a depression!
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Altman Z-Score is less than 1, losing money and the current ratio is below 1
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Way too high of a P/E given recent earnings guidance and the extended slump in leisure/travel.
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This dead cat bounced high today. Creating another good entry point to red thumb this stock.
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GET has an illiquid balance sheet.
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expensive.
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Generated negative OCF for Q1 '08, negative free cash flow (crude analysis) since Q2 '07, and they're operating in a stagnating economy where businesses will shy away from presentations and conferences to keep costs down.
Management is also not that great, as they've generated lower ROA and ROE than their Hotel & Motel competitors.
They're going to struggle now and into the foreseeable future.

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