FCF opting out of capex (analyzed as a cash cow) would currently generate 150mm ttm in a vacuum. Comps are positive for all stores and EPS deserves a multiple of around 25x. ROE and ROA outperform WFM (industry leader). Last quarter results beat rev estimates and EPS in-line, with stronger adjusted range.
Price Target: $35 to 40
Standard and Poors have a price target of $35