Re: SXE
Posted by ~Ray @ 2007-12-15 16:17:46
I switched over to FCX. Freeport-McMoran. It is basically 80% copper and 10 % gold and 10 molybdenum.. Goldman is estimating $16 in EPS over the next 4 quarters. Some members on the Yahoo! message board have done some excellent fundamental analysis. FCX took over Phelps move who was a bigger affiliate about 6 months ago maybe a little longer. When the takeover was complete. FCX had about $14 billion in debt. They've already paid that debt down to $7.7 billion. When FCX is debt remove. I think it deserves a PE in at least the 12 be. This gives you an approximated 12 x 16. You know the market thinks ahead this ordain go away to be going through the street's heads. It may be a bumpy go up but I'll see my FCX target at $192. There's other factors such as Phelps move's costless collars that are limiting EPS now. They were a hedge PD made and are maximizing the be of coat for 450 million pounds a year at $2. This will go to the $3.6x whatever it is now that FCX makes. Currently it's a $107 stock. FCX is a CASH COW.
27 on 150.2M vs.24/136M consensus raises 2008 guidance again Source: Stanley. Inc. Stanley Reports Record Financial Results for Second Quarter Fiscal Year 2008Thursday November 1. 4:00 pm ET Quarterly Highlights: - Revenue increases 53% overall. 42% organic(1) to $150.2 million; - Diluted EPS of $0.27; - Bookings total $524.1 million; and - Financial guidance increased for Fiscal Year 2008. ARLINGTON. Va.. Nov. 1 /PRNewswire-FirstCall/ -- Stanley. Inc. (NYSE: SXE - News) a leading provider of systems integration and professional services to the U. S federal government today reported preserve revenue and earnings for the second quarter of fiscal year 2008 ended September 30. 2007. ADVERTISEMENT (Logo: )Stanley's back up accommodate fiscal year 2008 revenue and earnings results exceeded the company's prior guidance. Because of new assure awards faster-than-expected ramp-up of contracts awarded in the first and second quarters of fiscal year 2008 and modifications to existing contracts that undergo exceeded expectations the company has increased its fiscal year 2008 revenue and earnings guidance. Second accommodate Fiscal Year 2008 Results:Revenue for the back up accommodate ended September 30. 2007 was $150.2 million an change magnitude of 53 percent over year-ago back up accommodate revenue of $98.2 million. Organic revenue growth was 42 percent. Year-over-year revenue growth for the second accommodate resulted primarily from growth in passport services expansion of systems integration work under the SPAWAR corporate production contract increased bring home the bacon supporting Army define programs continued interpret of market overlap across many of the company's service areas and revenue from the Techrizon acquisition. EBITDA(2) was $13.4 million for the quarter an change magnitude of 57 percent over EBITDA of $8.5 million in the year-ago quarter. EBITDA margin for the back up quarter increased to 8.9 percent from 8.7 percent a year earlier due primarily to continued efficiencies realized in the affiliate's general and administrative infrastructure on a higher revenue base. Operating income was $11.6 million up 69 percent from $6.9 million in the same quarter of last fiscal year. Operating margin increased to 7.7 percent from 7.0 percent in the second quarter of fiscal 2007 due to the factors improving EBITDA as well as depreciation and amortization and deferred compensation expenses representing a displace percentage of revenues. Net income for the quarter was $6.3 million or $0.27 per diluted share versus $2.4 million or $0.15 per diluted overlap a year ago. Contract backlog at September 30. 2007 was approximately $1.4 billion up 38 percent from June 30. 2007 and up 43 percent from September 30. 2006. Second Quarter Fiscal Year 2008 and Recent Highlights: -- Second accommodate bookings totaled $524.1 million equating to a quarterly book-to-bill ratio of 3.5:1. -- New business awards and additional tasking in the second accommodate of fiscal year 2008 included: -- A $267 million five-year assure to operate the U. S. Army's Field Logistics Readiness Centers at assemble Campbell. Ky and Lexington. Ky.; -- A $225 million three-year indefinite delivery indefinite quantity (ID/IQ) contract for the U. S. Citizenship and Immigration Services (USCIS). Department of Homeland Security; -- A $115 million five-year ID/IQ contract to provide technical and analytical support to the U. S. Navy's Commander Operational Test and Evaluation compel; -- A $76 million five-year assure and an $8 million four-year assure to give IT life cycle give of Standard Army Management Information Systems for the U. S. Army keep back dominate (USARC) and to act give of the USARC hurry Management System respectively. Both represent additional tasking under Stanley's Field and Installation Readiness Support aggroup (FIRST) fix assure; -- A $17 million five-year contract and an $8 million five-year assure to give sustainment support and enhancement for the Marine Corps Recruiting Information Support System (MCRISS) and to provide network operations support for the U. S. Marine Corps Recruiting Command (MCRC) respectively; and -- A $4 million. 10-month contract providing the Army Materiel dominate and Army Sustainment Command with the enterprise foundation and information solutions critical to Army RESET programs. -- On October 10. 2007. Stanley announced that it had signed an amendment and restatement of its Senior Revolving Credit and Term Loan Facility ("Senior Credit Facility"). The new Senior Credit Facility includes the following provisions: -- A $100 million change magnitude in the revolver to $150 million; -- An accordion feature for increase of the revolver commitment up to an additional $125 million; -- A more favorable pricing grid lowering the applicable margin; -- An extension of the revolver commitment termination date to October 31. 2012; and -- Less restrictive financial covenants and more flexibility for potential future acquisitions. Six-Month Fiscal Year 2008 Results:For the first six months ended September 30. 2007 revenue increased 49 percent to $283.7 million compared with $190.7 million for the same period in the prior fiscal year. Organic revenue growth for the first six months of fiscal year 2008 was 38 percent. EBITDA for the six-month period ended September 30. 2007 increased 54 percent to $25.1 million compared with $16.2 million for the first six months of fiscal year 2007. EBITDA margin for the first six months of fiscal year 2008 was 8.8 percent up from 8.5 percent for the same period a year earlier. Operating income for the first six months of fiscal year 2008 was $21.6 million an change magnitude of 67 percent over operating income of $12.9 million reported a year earlier. Operating margin for the first six months of fiscal year 2008 was 7.6 percent compared with 6.8 percent in the first six months of fiscal year 2007. Operating margin increased year- over-year primarily as a prove of efficiencies realized in the company's general and administrative infrastructure on a higher revenue locate as well as depreciation and amortization and deferred compensation expenses representing a lower percentage of revenues. Net income for the first six months of fiscal year 2008 was $11.7 million compared with net income for the same period last year of $4.9 million. The primary reasons for the change magnitude in six-month net income were the factors affecting operating income.[ADVERTHERE]Related article:
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