The stock has a 52-week low of $45.76, a 52-week high of $65.21, a market cap of $1.42 billion and a P/E ratio of 20.57. The stock’s 50-day moving average is $58.26 and the 200-day moving average is $57.91. On Fri., Nov. 14 Drew’s stock closed down -$0.02 at $58.66.
In its last quarterly earnings as of Nov. 3, 2015, Drew reported revenue for the third quarter of $345 million as compared to consensus estimates of $333.14 million, posting a 17.3 percent revenue increase over the same quarter of last year.
Through its wholly-owned subsidiary, Lippert Components®, MHProNews understands Drew produces and supplies components to the manufactured housing and recreational vehicle industries from 37 facilities across the country. ##
(Photo credit: directorsandboards–Leigh J. Abrams)
