Stocks Trading Well Below Their Current Backlog Orders

Description:

An essential metric in valuing engineering and construction companies’ are the current state of their backlog, and how that backlog fairs in the current global economic backdrop. By definition, a backlog is the total value of sales and orders by clients, waiting to be filled by the company. Generally speaking, increase or decreases in a company’s backlog might indicate the future direction of sales and forward earnings.
Right now, there are a bunch of companies whose current backlog is substantially higher than the entire value of the company. This makes them prime take-over targets, as future contract orders and sales will more than cover for the value of the firm, plus any additional premium a bidder might make.

Most Viewed Portfolios

View All

Articles

5 Stocks Under $10 Set to Soar

10.24.14 | 02:41 PM

DELAFIELD, Wis. (Stockpickr) -- There isn't a day that goes by on Wall Street when certain stocks trading for under $10 a share don't experience m...

Sell These 5 Toxic Stocks Before November

10.24.14 | 10:05 AM

BALTIMORE (Stockpickr) -- Stocks are bouncing hard in the second half of October. Since Monday, the big S&P 500 index has rallied 3.4%, more than d...

More Articles
blog comments powered by Disqus
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter