Equity ResearchHard

Worked example: consensus EPS is $5.50, your model says $6.00, the stock trades at 15x. What is the revision-driven upside?

Model answer

At 15x consensus of $5.50 the stock trades around $82.50. You are about 9% above the Street (6.00 / 5.50 − 1 = 9.1%). If your number proves right and the market keeps the same 15x multiple as…

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