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

4 Huge Stocks on Traders' Radars

10.20.14 | 01:45 PM

BALTIMORE (Stockpickr) -- Put down the 10-K filings and the stock screeners. It's time to take a break from the traditional methods of generating ...

5 Hated Earnings Stocks You Should Love

10.20.14 | 01:15 PM

DELAFIELD, Wis. (Stockpickr) -- Short-sellers hate being caught short a stock that reports a blowout quarter. When this happens, we often see a t...

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