CARBO Ceramics Inc. ($CRR) Possible Buy to $70 Confident Investor Rating: Good

Company name CARBO Ceramics Inc.
Stock ticker CRR
Live stock price [stckqut]CRR[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $59.7
Target stock price (averages with growth) $69.68
Target stock price (averages with no growth) $72.62
Target stock price (manual assumptions) $62.92

The following company description is from Google Finance: http://www.google.com/finance?q=crr

CARBO Ceramics Inc., is a supplier of ceramic proppant. The Company is a provider of software, and consulting services, spill prevention, containment and geotechnical monitoring. The Company sells its products and services to operators of oil and natural gas wells and to oilfield service companies. The Company's products and services are primarily used in the hydraulic fracturing of natural gas and oil wells. The Company primarily manufactures five ceramic proppants. CARBOHSP and CARBOPROP are proppants designed primarily for use in deep oil and gas wells. CARBOHSP ceramic proppants manufactured by the Company is used primarily in the fracturing of deep oil and gas wells. CARBOLITE, CARBOECONOPROP and CARBOHYDROPROP are lightweight ceramic proppants. CARBOLITE is used in medium depth oil and gas wells. During the year ended December 31, 2011, the Company generated approximately 79% of its revenues in the United States and 21% in international markets.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock. Most of the fundamentals of this company are good, in fact the company ranks as a Good company, but there are some concerns with the price of the stock.

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