Command Security Corp. (NYSE: MOC)
The good news here is that MOC is already up 26.48% over its 50 day moving average. I don’t see this at all as chasing a shooting start as it down 45.95% from its highs in January.
Fundamentally the stock has some great news.
Let’s read from the March 31, 2013 news release (yes, I know that is five months ago – but it’s important):
Adjusted operating income* for the three months ended March 31, 2013, was $532,217, or 1.4% of revenue, compared with a loss of $1,151,934, or 3.3% of revenue, in the same period of the prior fiscal year.
Adjusted operating income* for the fiscal year ended March 31, 2013, was $3,532,055, or 2.4% of revenue, compared with $980,091, or 0.7% of revenue, in the prior fiscal year. Adjusted net income* for the fiscal year ended March 31, 2013, was $1,097,753, or $0.11 per adjusted diluted share*, compared with $140,760, or $0.01 per diluted share, in the same period of the prior fiscal year.
What you see here are important increases. Yes – there were some bad numbers in that same release and in the financials associated. However, let’s look at what the analyst estimates are.
| Earnings Est | Current Qtr.Jun 13 | Next Qtr.Sep 13 | Current YearMar 14 | Next YearMar 15 |
| Avg. Estimate | 0.02 | 0.04 | 0.11 | 0.13 |
| No. of Analysts | 1.00 | 1.00 | 1.00 | 1.00 |
| Low Estimate | 0.02 | 0.04 | 0.11 | 0.13 |
| High Estimate | 0.02 | 0.04 | 0.11 | 0.13 |
| Year Ago EPS | 0.02 | 0.03 | 0.05 | 0.11 |
(Source: Yahoo Finance coverage of MOC)
All is not lost here. If these numbers are achieve, there is a huge upside.
We shall see. Also – the Company has its annual meeting – done “virtually” on September 19, 2013 at 1pm Eastern. See SEC filings for details.