Timberland (TBL) was upgraded from Sell to Hold, Citigroup said. $17 price target. See limited downside, even though restructuring and rebranding issues remain.

undervalued

P/E is 15.55 and the PEG is 1.5.

#78

Timberland (TBL) upgraded to Neutral rating from Reduce at UBS. Price target holds at $26, but FY 2007 eps estimates dip to $1.11 from $1.20.

mentions: 3

somethings up, very high volume traded today 1,528,800 vs an average of only 320 thousand

Hidden Values Alert
TBL’s balance sheet is strong with $125 million in cash and no debt. The company generates close to $160 million of free cash flow. Insiders own approximately 27% of outstanding shares. There is something very interesting going on with the shares outstanding over the past fifteen years. Currently there are sixty-four million shares outstanding, which are twenty million fewer shares than in 1990. The company continues to buy back its shares and I am wondering if the management might be planning to take the company private over the next several years. TBL’s pipeline of new products should give a boost to earnings and sales over the next several years.

TBL is a good company, and a price of $25 or less per share represents a very good value. If TBL can grow earnings at only 12% per annum (a margin of safety that is 40% lower than its past-five-year EPS growth rate of 20% per annum) and maintain a P/E of 11, the stock will reward investors handsomely over the next five years.

New community marketing strategy
Buyout Potential

Weak sector, bad economy. Poor sales growth and margin

performance

it was going up till I bought it then started down and I still own it

Cramer rec

Timberland is going to continue to go down. The stock is behaving weak lately which doesn't bode well. The warm winter will hurt apparel sales, and their core boot business continues to struggle.