Aldean Corporation has shares of stock trading at $61.26 today. The company has 1.00 million shares...
Aldean Corporation has shares of stock trading at $61.26 today. The company has 1.00 million shares outstanding. Earnings for the company last year were $7.00 million. Construct a P/E multiple for the company.
Homework Answers
Earnings per share=$7 million/1 million share=$7/share
PE multiple=Market price/Earnings per share
=61.26/7
=8.75(Approx).
Add Answer to:
Aldean Corporation has shares of stock trading at $61.26 today.
The company has 1.00 million shares...
Aldean Corporation has shares of stock trading at $68.26 today. The company has 1.00 million shares...
Aldean Corporation has shares of stock trading at $68.26 today. The company has 1.00 million shares outstanding. Earnings for the company last year were $9.00 million. Construct a P/E multiple for the company.
Aldean Corporation has shares of stock trading at $51.09 today. The company has 3.00 million shares...
Aldean Corporation has shares of stock trading at $51.09 today. The company has 3.00 million shares outstanding. Earnings for the company last year were $7.00 million. Construct a P/E multiple for the company.
ASIA Co. has 30 million shares outstanding, trading for $60, with an EPS of $2.50 and...
ASIA Co. has 30 million shares outstanding, trading for $60, with an EPS of $2.50 and a P/E multiple of 24. The company earns net income of $200 million for the year and pays out an annual dividend of $1.50 per share. The board of directors is considering a 3-for-2 stock split. a) What is the company’s stock price after the stock split? b) What is the company’s dividend yield after the stock split?
A company has $89 million in outstanding bonds, and 10 million shares of stock currently trading...
A company has $89 million in outstanding bonds, and 10 million shares of stock currently trading at $34 per share.The bonds pay an annual coupon rate of 8% and is trading at par. The company's beta is 1.2, its tax rate is 40%, the risk-free rate is 2%, and the market risk premium is 5%. What is this firm's WACC?
The Hamilton Corporation has 5 million shares of stock outstanding and will report earnings of $6,230,000...
The Hamilton Corporation has 5 million shares of stock outstanding and will report earnings of $6,230,000 in the current year. The company is considering the issuance of 2 million additional shares which can only be issued at $37 per share. a. Assume the Hamilton Corporation can earn 9.00 percent on the proceeds. Calculate the earnings per share.
Financial Learning Systems has 1.8 million shares of common stock outstanding and 63 comma 939 shares...
Financial Learning Systems has 1.8 million shares of common stock outstanding and 63 comma 939 shares of preferred stock. (The preferred pays annual cash dividends of $5.89 a share, and the common pays annual cash dividends of 32 cents a share.) Last year, the company generated net profit (after taxes) of $ 5 comma 765 comma 438. The company's balance sheet shows total assets of $73 million, total liabilities of $ 33 million, and $ 4 million in preferred stock....
Q. 02: Johore Trading Company has 2.4 million shares of common stock outstanding, and the present...
Q. 02: Johore Trading Company has 2.4 million shares of common stock outstanding, and the present market price per share is $36. Its equity capitalization is as follows: Common Stock ($2 par value) Additional Paid-in-Capital Retained Earnings Total Shareholders' Equity S 4,800,000 5,900,000 87,300,000 $ 98,000,000 A. If the company were to declare a 12 percent stock dividend, what would happen to these accounts? A 25 percent stock dividend? A 5 percent stock dividend? B. If, instead, the company declared...
A company has $106 million in outstanding bonds, and 10 million shares of stock currently trading...
A company has $106 million in outstanding bonds, and 10 million shares of stock currently trading at $31 per share.The bonds pay an annual coupon rate of 9% and is trading at par. The company's beta is 0.8, its tax rate is 40%, the risk-free rate is 3%, and the market risk premium is 4%. What is this firm's WACC? Enter your answer as a percentage, without the percentage sign ('%'), rounded to 1 decimal. For example, if your answer...
The Hamilton Corporation has 5 million shares of stock outstanding and will report earnings of $6,770,000...
The Hamilton Corporation has 5 million shares of stock outstanding and will report earnings of $6,770,000 in the current year. The company is considering the issuance of 1 million additional shares that can only be issued at $33 per share. a. Assume the Hamilton Corporation can earn 8.00 percent on the proceeds. Calculate the earnings per share. (Do not round intermediate calculations and round your answer to 2 decimal places.) Earnings per share $ 2.64 b. Should the new issue...
The Hamilton Corporation has 5 million shares of stock outstanding and will report earnings of $6,460,000...
The Hamilton Corporation has 5 million shares of stock outstanding and will report earnings of $6,460,000 in the current year. The company is considering the issuance of 2 million additional shares which can only be issued at $35 per share. a. Assume the Hamilton Corporation can earn 8.00 percent on the proceeds. Calculate the earnings per share. (Do not round intermediate calculations and round your answer to 2 decimal places.) Earnings per Share - b. Should the new issue be...
Q. 02: Johore Trading Company has 2.4 million shares of common stock outstanding, and the present market price per share is $36. Its equity capitalization is as follows: Common Stock ($2 par value) Additional Paid-in-Capital Retained Earnings Total Shareholders' Equity S 4,800,000 5,900,000 87,300,000 $ 98,000,000 A. If the company were to declare a 12 percent stock dividend, what would happen to these accounts? A 25 percent stock dividend? A 5 percent stock dividend? B. If, instead, the company declared...
A company has $106 million in outstanding bonds, and 10 million shares of stock currently trading at $31 per share.The bonds pay an annual coupon rate of 9% and is trading at par. The company's beta is 0.8, its tax rate is 40%, the risk-free rate is 3%, and the market risk premium is 4%. What is this firm's WACC? Enter your answer as a percentage, without the percentage sign ('%'), rounded to 1 decimal. For example, if your answer...
The Hamilton Corporation has 5 million shares of stock outstanding and will report earnings of $6,770,000 in the current year. The company is considering the issuance of 1 million additional shares that can only be issued at $33 per share. a. Assume the Hamilton Corporation can earn 8.00 percent on the proceeds. Calculate the earnings per share. (Do not round intermediate calculations and round your answer to 2 decimal places.) Earnings per share $ 2.64 b. Should the new issue...
Most questions answered within 3 hours.
-
Determine the pHpH of an HFHF solution of each of the following
concentrations. The KAKA value...
asked 1 second ago -
Two point charges of 7.0mL are initially 11.5m apart. What is
the change in potential energy...
asked 1 minute ago -
It is possible to iterate through an array quickly and easily
using a loop?
asked 4 minutes ago -
Please write as a short answer
You have heartburn and a two hour working session on...
asked 5 minutes ago -
Please solve with excel and mention the excel function.
Thanks
Kevin deposits $10,000 in a savings...
asked 7 minutes ago -
Which Special Journal would the following transaction be
journalized in?
Sold merchandise on account to Customer...
asked 19 minutes ago -
Assuming 100% dissociation, calculate the freezing point (?fTf)
and boiling point (?bTb) of 1.45 ? K3PO4(aq)1.45...
asked 21 minutes ago -
An inflated helium balloon with a volume of 0.35L at
sea level (1.0 atm) was allowed...
asked 23 minutes ago -
Python 3.0 Please
Write a function that takes, as arguments, a binary string, a
list of...
asked 51 minutes ago -
(a) Calculate the momentum of a 2150 kg elephant charging a
hunter at a speed of...
asked 38 minutes ago -
all the following is an example of a fixed cost except: any cost
that changes in...
asked 41 minutes ago -
Briefly describe the changes in pupil diameter that occur with
changes in light intensity or distance...
asked 40 minutes ago