Erickson Air-Crane Could Be In For Rocky RideRupert Hargreaves
Founded in 1971, Erickson Air-Crane Inc (NASDAQ:EAC) is a world leader in the manufacture and operation of the S-64 Aircrane, one of the most versatile and powerful heavy-lift helicopters in the world. This gives Erickson a solid, leading position within the heavy-lift aviation industry—an industry that has high barriers to entry and very few competitors.
Moreover, the company is currently trading at a TTM P/E of 8.4 . . .
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