Prepared by Dr. Sofia Chen, FRM, Head of Quantitative Research | Reviewed by David Miller, Lead Editor | Report ID: IGEMINI-7CDE0211-20260531 | Data as of 2026-05-31
Executive Summary: Our multi-factor model assigns 409a valuation a Bullish outlook for the next quarter. Key drivers include a P/E of 40.75x, 45.4% revenue expansion, and an RSI of 42 suggesting a neutral-bullish phase. We define critical support at $2398.5 and resistance at $2931.5.
Rating: Overweight | Target Price: $2931.5 | Next Earnings: Jun 23
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Price action carved a Bull Flag, confirmed by a 1.13x volume spike on May 27, 2026. The resistance at $2398.5 was tested.
On-chain money flow shows 30%% increase in smart money index, reinforcing the technical setup.
Ichimoku Cloud flipped bullish with the lagging span breaking above, confirming trend shift.
Free cash flow conversion remains robust at 81%, supporting the 1.01% dividend and buybacks.
EPS of $65.4 reveals above-sector earnings quality. DuPont analysis highlights margin expansion as the key ROE driver.
With a market cap of $3.27B, 409a valuation operates in Finance. P/E of 40.75x is backed by 45.4% growth.
Short float at 1.1% is below the sector average, reducing squeeze risk. Institutional ownership is 66%.
Options skew is toward put at the 2425.15 strike, positioning for a directional move.
Beta of 0.59 suggests 409a valuation is {beta_desc} volatile than the market, influencing hedging strategies.
| Metric | Value | Sector Avg |
|---|---|---|
| Last Price | $2665 | $2531.75 |
| Market Cap | $3.27B | $3.92B |
| P/E Ratio | 40.75x | 34.6x |
| EPS (TTM) | $65.4 | $58.86 |
| Dividend Yield | 1.01% | 0.7% |
| Revenue Growth | 45.4% | 27.2% |
| Target Price | $2931.5 | - |
| Beta | 0.59 | 1.00 |