This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
|Zacks Rank||Definition||Annualized Return|
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank
Alliant Techsystems (ATK)
by Zacks Equity ResearchSeptember 20, 2012 | Comments : 0 Recommended this article: (0)
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at firstname.lastname@example.org or call 800-767-3771 ext. 9339.
The company's strong financial position allows it to expand internally and through acquisitions. It has also increased shareholder value through payment of dividend and setting aside an amount for buybacks. We believe that Alliant s recently incorporated business segment realignment strategy enables it to improve its operating efficiency while benefiting margins.
However, the U.S. defense budget cutbacks could limit growth prospects of the company. We maintain our recommendation on the stock to Outperform. Our target price of $60.00 reflects a P/E multiple of 8.4 based on 2012 EPS.
Please login to Zacks.com or register to post a comment.