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What would be happy implied stock price

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Question - Happy also wants to look at how its competitors are trading in the public markets before deciding on the price it will "go public." Based on the following information, what would be Happy's implied stock price if its 2019 EPS is $0.76 per share?

Company 2019 P/E

Feelings, Inc. 28.4x

Be Well, Inc. 32.1x

Alive and Kicking, Corp. 30.7x

Reference no: EM132954641

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