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Electro Scientific Deserves A Higher Multiple

September 2nd, 2017 · No Comments

  • There is a big turnaround at Electro Scientific Industries, although much of it is already priced into the stock price.
  • Still, we are optimistic due to a lowering of the cost base and promising new products.
  • Even if the easy money has been made, there seems to be some space for further multiple expansion, in our view.

Source: Electro Scientific Deserves A Higher Multiple – Electro Scientific Industries, Inc. (NASDAQ:ESIO) | Seeking Alpha

Tags: ESIO