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ESP / Espey Mfg. & Electronics: Massive Pre-Funded Backlog And A Balance Sheet You Won't Believe
Record-setting funded backlog, burgeoning new orders, and margin expansion point to an overwhelmingly undervalued stock. Espey's balance sheet provides a cushion for inflation or economic slowdown. But geopolitical risk could be a boon to business. The stock's 4% dividend yield pays for patience and could increase.
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Posted: Oct 23 2023, 09:24
Author Name: Seeking Alpha
Views: 112587
ESP News
By Seeking Alpha
October 23, 2023
Espey Mfg. & Electronics: Massive Pre-Funded Backlog And A Balance Sheet You Won't Believe
Record-setting funded backlog, burgeoning new orders, and margin expansion point to an overwhelmingly undervalued stock. Espey's balance sheet provide more_horizontal