Monday, August 15, 2011

"Seeking Alpha" Likes VPRT


Below is an excerpt from SeekingAlpha.com in regards to VistaPrint; definitely a good read.

VistaPrint NV (VPRT) has seen loss in excess of 35% over the last month. The company announced earnings on July 29 which reflect revenue growth of 27% and net income of $14.4 million over $11.7 million year over year. This financial report caused the stock to decline along with guidance below analyst expectations. The company has increased revenue, EPS, and assets each year over the last 5 years. In addition, the company has eliminated it's total debt during the last 5 years and currently have no debt. The company announced potential EPS of $5 and revenue of $2 billion by 2016 which show the company expects continued growth over the next several years.
I believe this stock is offering investors the perfect buying opportunity, regardless of how the markets feel about the company not meeting EPS expectations. Revenue is growing at the same rate and EPS has increased year over year, and is projected to continue. I expect P/E to increase along with earnings, making the current price of $28.35 a bargain for any investor.

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