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This Quarter's Sentiment:
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SocialPicks Community
Defense Products are looking up
FRPT
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FRPT is a buy! I think defense spending is going to increase and FRPTstands to gain from the spending. With all the indecision in the economy locally and internationally defense spending will increase in a recession to help stimulating the economy.
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Good value
FRPT
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Force Protection, Inc. designs, manufactures and markets blast and ballistics armored vehicles for sale to military customers. Force Protection specializes in manufacturing vehicles with protection against landmines, roadside bombs and improvised explosive devices. Force Protection will continue to benefit from the positive trend of armored vehicles.
Based on a discounted cash flow valuation, shares of FRPT should be worth around $8.50/share. Assuming analyst average revenues estimates for the next 2 years, 6% revenue growth thereafter and terminal revenue growth of 3.5%. WACC of 10%...
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Strong Rally Possible...
FRPT
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Force Protection has had a rocky-ride over the last 6 months, however, it's clear that based on the estimates of MRAP demands, particularly the Cheetah as a possible Humvee replacement, that FRPT is greatly under-valued, with the opportunity for reaching at least $12 in less than 6 months.
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FRPT is a HOLD
FRPT
Recent Sell-Off = Good Opportunity
FRPT
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Buy recommendation and a 28 dollar price target. Recent sell-off justified due to most momentum traders ducking for cover. Expect things to settle down and expect Force to receive a new MRAP contract from the Department of Defenese.
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Force Protection Receives Orders
- After the close of the market today, Force Protection (FRPT) has received orders for 34 Cougar vehicles and 14 Buffalo A2 route clearance vehicles from...
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More Resources
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About Force Protection Inc.
- Answers.com
