DRI Going Strong – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/15125/DRI+Going+Strong++-+Zacks+Tale+of+the+TapePosted on Tuesday, October 7th, 2008 | In Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
DRI Corp. (TBUS) declared Tuesday that its Board of Directors has approved the management’s strategic plan that projects a three-year run rate more than $120 million in fiscal year 2011. The company also announced that management expects TBUS to post fiscal year 2008 earnings in the upper end of a 14 cents to 17 cents range.
However, the stock looks fairly valued with a PE ratio of 11.05. Shares of TBUS are up approximately 5% today. Earnings estimates for this year are up to 18 cents from 17 cents over the past two months.
“TBUS” Free Stock Analysis: Buy? Sell? Hold?
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