New 52-Week High for Colfax!
June 17th, 2013
Colfax (NYSE:CFX) stock reached $ 52.63, a new 52-week high on Friday 14th of june as reported by Zacks!
This upward movement is driven by increased analysts earnings estimates and a strong general stock market.
Zacks consensus estimate now expects earnings of $2.00 per share in FY 2013 which puts the p/e ratio on this stock at 26.
… not cheap but not outrageously expensive either.
Colfax stock stood at $ 7.27 in May 2009 when this blog started to follow it:
Until today a performance of 624%, more than a 7-bagger !
Cheers!
Categories: Stocks / Aktien