Aug. 13 at 10:20 PM
$RICK Look at FPE of the following:
$CAVA 97,
$CBRL 53
$SHAK 52
The forward PE of RICK is 6!! So the naysayers have no idea what they are talking about when a move to 14-16 FPE (which is below the industry average of 22-25) would take the stock price to
$75 range . Valuations matter. Personally any price below
$37.54 should be bought with all available FCF in my book. No reason they can’t take shr count to 7,000,000 in less than 24 months.
