FY 2011 EPS of 25cents FY 2012 forcast of 31.25 cents(25%EPS growth) The company mentioned they are off to a good start for FY 2012, and are releasing new products over the course of the year.
If I apply a conservative PE of 17.5 for a growth stock like CRZ(Just look at their 5 year track record)then we get to $5.47 by June next year.
Not to forget the dividends along the way , and $32 million in Cash for acquisitions or buybacks.
The stock is undervalued.
JJacocha
CRZ Price at posting:
$4.80 Sentiment: Buy Disclosure: Held