Wednesday, April 19, 2006

NITE is LIVE !

Incredible blowout numbers from NITE that today is posting earnings of $0.52 per share versus the reuters consensus of 0,29.
I have a position in Knight from the last conference call, and after this beat i plan to buy more because there is a big acceleration of revenue that could bring NITE over 20 in a very short time.
About me NITE is very undervalued at current levels of the premarket price, however i will wait a break of 17 level to enter or a pullback at 16 USD.
Remember that there is a large buyback program active.

Bye and good trading

1 comment:

Anonymous said...

I agree NITE is highly undervalued. I have done a fair amount of analysis between them and their competitors, I believe they are at least 100% undervalued compared to their competitors - see the attached chart.
NDAQ NYX NITE ESPD
Market Cap: 3.81B 11.48B 1.78B 408.38M
Employ­ees: 917 1,975 720 380
Qtrly Rev Growth (yoy): N/A 6.50% 8.50% -10.20%
Revenue (ttm): 879.92M 1.12B 634.62M 144.08M
Gross Margin (ttm): 56.55% 82.66% 68.82% 73.05%
EBITDA (ttm): 185.25M 221.22M N/A 31.34M
Oper Margins (ttm): 13.44% 10.49% 20.87% 0.18%
Net Income (ttm): 55.09M 40.75M 66.24M 2.04M
EPS (ttm): 0.571 N/A 0.621 0.039
P/E (ttm): 72.15 N/A 27.62 209.23
PEG (5 yr expected): 4.56 N/A 1.58 N/A
P/S (ttm): 4.44 10.37 2.73 2.82