I already have a half position in PNRA and with the recent drop I have been thinking of adding more. I like their brand, management and company philosophy. (Food isn't bad either.) Based on a projected growth rate of 20% and a PE of 30 I see a 3 year price target of $230 a share which is double today's current share price. This is assuming they can keep margins under control and grow same store sales. I like their focus on expanding their product line, especially in the high margin frozen drink area. Having said that I don't think I would add any at a higher price than $114 and lower would be better. --louis
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra