BIT:RCSMedia
RCS MediaGroup (BIT:RCS) Stock Trails Profit Strength as Margins Tighten
RCS MediaGroup stock closed at €0.93 on Thursday, with the market still pricing in a weak 12 month share performance and a modest 7 day uptick. The headline from this quarter is not the price chart. It is the profit engine. Q2 net income reached €34.5 million on €257.7 million of revenue, which keeps the trailing P/E near 8.9x and below both industry and peer levels.
For short term traders that discount can look like a value trap. For longer term investors it raises a tougher question about...