This analyst has covered KWH since the beginning.
According to his May 9 update he says this;
- Q4/12 EBITDA was $7 million
- estimates Q1 /13 EBITDA of $5.6 million
Q1 results expected to be WEAK due to higher wholesale electricity costs that could not be passed through due to a worse than expected competitive environment.He does expect a more NORMAL Q2
- he expects to see an acquisition sometime this year
- expects a 86% payout ratio in 2013 dropping to 70% in 2014 due to acquisitions
-He is maintaining an outperform rating and his 10.50 price target
I think his price target is optimistic but I picked up 800 more shares @ 6.21 on Friday.
Happy Mothers day you Mothers !!
Rico