C-COR Incorporated is a NASDAQ listed security that has been trading in a range between $6.36 and $16.00 over the past year. With 49,563,650 shares outstanding, a recent price of $14.98 gives a total market capitalization of $729,576,941. While there are certainly larger companies, C-COR Incorporated has definitely earned its place in the pack. Last year, C-COR Incorporated created $0.52 in earnings for every share outstanding.
C-COR Incorporated is currently priced by the market at 29.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, C-COR Incorporated could be an interesting value proposition. Consistent earnings are the key to high valuations and this security is well on its way.
Showing posts with label CCBL. Show all posts
Showing posts with label CCBL. Show all posts
Monday, July 30, 2007
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