JFC has historically been trading at between 30 - 40 x earnings ...
at 2nd Quarter eps of 1.791 ... annualized .. it is 7.164 ...
at 30 x earnings ... that would be ... 7.164 x 30 = 214.92 ...
at 35 x earnings ... that would be ... 7.164 x 35 = 250.74 ...
at 40 x earnings ... that would be ... 7.164 x 40 = 286.56
at the current price of 234 ... p/e would be ... 32.66 x .. which is still at the low end of the estimates ...
im giving JFC a p/e of 35 x ... which would mean a price of 250.74 ...
sana it would go up that level in the coming weeks😁
