Aeropostale Shares Sinking Since The Summer But Stock Still Isn't Cheap
Posted on February 26, 2013 at 17:43 PM EST
Even though Aeropostale (ARO) shares are down more than 50% from where they were just 10 months ago, they still may be too expensive, especially trading at 17 times forward earnings with just a 1.60% increase in quarterly revenue compared to the same quarter a year ago (the industry average p/e is closer to 13 times forward).
Even though Aeropostale (ARO) shares are down more than 50% from where they were just 10 months ago, they still may be too expensive, especially trading at 17 times forward earnings with just a 1.60% increase in quarterly revenue compared to the same quarter a year ago (the industry average p/e is closer to 13 times forward).
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