SA: Ackman: Pershing Square Tontine Holdings won’t do Q1 M&A deal, but firm plans second SPAC
SEEKING ALPHA reports: – Pershing Square Holdings (OTCPK:PSHZF) wrote in its annual report Monday that its hot SPAC ...
SEEKING ALPHA’s Robert Honeywill, whose work is always well worth a read, writes:
– Expeditors has solid earnings and strong balance sheet, with no debt.
– The share price appears to have gotten ahead of itself, leading to excellent double-digit returns for most investors over the last six years.
– EPS growth rate, over the next few years, is expected to be lower than historical growth from 2016 to 2019.
– The high current P/E multiple poses a very real risk of multiple contraction ...