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HI-TECH PHARMACAL (NASDAQ:HITK)

19.51 +0.06 (0.31%)
HI-TECH PHARMACAL (NASDAQ:HITK) Delayed :
Previous Close $19.45    52 Week High $25.60 
Open $19.28    52 Week Low $3.46 
Day High $19.51    P/E 13.55 
Day Low $19.28    EPS $1.44 
Volume 4,551       
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Comments on recent HITK articles

toddschaus
on Sep 15, 2009
at 08:46 PM
HITK underpriced and deserving further analysis I am a CPA veteran and stock analysis enthusiast that has been actively researching and following HITK for a long time. Sales, margins, and net profits for the company are growing off the charts over the past 6 months. They appear to have quietly arrived in the generic drug industry as a competitor on a new level. The company's trailing PE of 15 includes $1.5M earnings for the 2nd and 3rd qtrs of the prior fiscal year........but these amounts don't appear very relevant considering consecutive record breaking quarters of $5M and $8M earnings for the more recent 4th qtr of last year and the 1st qtr of the current fiscal year. I have been listening and participating on the company quarterly conference calls and weighing their comments about the future. I believe they will be reporting $8M+ earnings for the next two qtrs (i.e. the 2nd & 3rd qtr of this fiscal year). Note - the 2nd & 3rd qtrs are historically the company's best qtrs considering it is flu season. Without considering other positive factors.....down economy (read more $$$ to be spent on generics), an aging population base, growth possibility for a company breaking out of its shell, I see the company as underpriced and the stock hitting 40-50 (still at a 15 PE) in the next 6 months as the upcoming 2nd and 3rd qtr earnings are released. What are your thoughts? Regards, Todd Schaus
Article: Hi-Tech Pharmacal (HITK) Reports Surge in Q1 Sales and EPS
toddschaus
on Sep 15, 2009
at 08:44 PM
HITK underpriced and deserving further analysis I am a CPA veteran and stock analysis enthusiast that has been actively researching and following HITK for a long time. Sales, margins, and net profits for the company are growing off the charts over the past 6 months. They appear to have quietly arrived in the generic drug industry as a competitor on a new level. The company's trailing PE of 15 includes $1.5M earnings for the 2nd and 3rd qtrs of the prior fiscal year........but these amounts don't appear very relevant considering consecutive record breaking quarters of $5M and $8M earnings for the more recent 4th qtr of last year and the 1st qtr of the current fiscal year. I have been listening and participating on the company quarterly conference calls and weighing their comments about the future. I believe they will be reporting $8M+ earnings for the next two qtrs (i.e. the 2nd & 3rd qtr of this fiscal year). Note - the 2nd & 3rd qtrs are historically the company's best qtrs considering it is flu season. Without considering other positive factors.....down economy (read more $$$ to be spent on generics), an aging population base, growth possibility for a company breaking out of its shell, I see the company as underpriced and the stock hitting 40-50 (still at a 15 PE) in the next 6 months as the upcoming 2nd and 3rd qtr earnings are released. What are your thoughts? Regards, Todd Schaus
Article: Hi-Tech Pharmacal (HITK) Reports Mixed Q3 Earnings

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