(DGIT) DG Fastchannel Inc – Aggressive Growth – Zacks Rank Buy

April 13th, 2009

DG FastChannel Inc (DGIT) is on a roll as estimates continue to rise and shares have broken out.

Estimates Keep Rising

Over the past 2 months the full-year estimates for both 2009 and 2010 have been climbing. The consensus for this year is now 95 cents, up from 73 cents. Estimates for next year are averaging $1.48, up from $1.09.

While these figures do represent an 8% decline this year, the company is projected to grow 56% in 2010. That would be a 2-year rate of 44%.

Nice Valuations

Shares are currently exchanging hands at a discount to the peer group. The P/E ratio is 17 times earnings, about 7 times less than the average.

The Chart

DGIT has made a nice breakout since being originally featured as a Zacks Rank Buy. Take a look at the chart below.

Zacks Investment Research

View original at: Zacks.com News Feed

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Read more on DG FastChannel at Wikinvest


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