The price being paid in 2014 was based on an earnings growth outlook that was significantly better than the current earnings growth outlook. Although RHC is no doubt a quality company with a solid long term future and a large moat (which I like very much), the latest report suggests that it needs to be valued as a company that is reaching maturity rather than as a high growth stock, so a valuation of 19.5 times earnings is not exactly cheap. If interest rates go up appreciably, then it will start to look expensive even at these prices. I still consider it to be a long term hold rather than a buy at the moment.
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Last
$40.80 |
Change
0.600(1.49%) |
Mkt cap ! $9.373B |
Open | High | Low | Value | Volume |
$40.49 | $41.03 | $40.34 | $32.48M | 796.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13 | $40.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.83 | 610 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13 | 40.680 |
1 | 24 | 40.650 |
1 | 195 | 40.520 |
3 | 2388 | 40.500 |
1 | 120 | 40.490 |
Price($) | Vol. | No. |
---|---|---|
40.970 | 3000 | 1 |
41.300 | 500 | 1 |
41.500 | 790 | 3 |
41.550 | 24 | 1 |
41.620 | 200 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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