FirstMerit Corp. is a high-yielding company with a forward-looking price to earnings ratio of just 13.40 times next year’s projected earnings. With a recent ticker price of $21.25, FirstMerit Corp. is ready for significant appreciation. The company’s operating profit margin is an impressive 47.47%. This results in an annual operating cash flow of $203.0M.
FirstMerit Corp. is a cash cow that has a reasonably attractive valuation. With a beta of 1.11, the company is more risky than the stock market as a whole. This information is useful, but a more careful analysis of FirstMerit Corp. reveals that the company’s risk profile is not as volatile as many of its competitors. It’s important to invest in a sufficiently liquid stock that money can be taken out of the position on every trading day and FirstMerit Corp.’s total market capitalization of $1.710B is ample proof of such liquidity.
Showing posts with label FirstMerit Corp.. Show all posts
Showing posts with label FirstMerit Corp.. Show all posts
Friday, June 29, 2007
Subscribe to:
Posts (Atom)