Nov. 14 at 7:12 PM
$TSQ Noble trimmed their one year to a more roughly in line level with Barrington... New consensus one year is
$14, which still provides new entrants with a massive 173% upside and a 15.6% reasonably sustainable yield... "Since its February refinancing, the company has reduced debt by
$17 million, including
$6 million of term loans repurchased at a discount.
Currently, the company has
$463 million in total debt, or a reasonable 4.71 times debt to cash flow. Management is expected to focus on debt reduction [and divs] with the use of its free cash flow [after divs]."