Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.
EAM is now trading at 12x times' Price/Sales. In the 4Q, TEAM’s revenue grew 27% to $872.7M, beating estimates of $866M and EPS of $0.45 beat estimates of $0.33. The balance sheet is strong, with long-term debt (excluding leases) of $999M. Total debt is around 1.2x times trailing twelve-month cash flow of $850M, and cash flow declined a bit around 4% compared to $884M last year. The company also announced a share repurchasing program of $1B over the last few years. The company did give out guidance for FY 2023, with revenue growth of 25%, and an operating margin of 17% on a non-GAAP basis. The company beat on all metrics but management did mention the reduced cloud guidance, as they see weakness in the cloud driven by free-to-paid conversions of new customers worsening in the quarter in continuing that in the near future. Unlock Premium - Try 5i Free
Provides solutions to enhance productivity in tech. A great total addressable market. They just a company, a video-messaging platform (like Zoom), which will enhance their overall business. Can buy now, $177 and $167 in tranches.
The price target is $201.50. He took some profits. They provide software to enhance/assist developers who produce apps. Likes it. Are profitable in software, and have cornered the developer side. Wants to get back into this in the low-$190s or lower.
Solutions to enhance productivity among technical and business teams, mainly developer teams. 3 areas: project management and support, collaboration and software development, lifestyle tools. Recent earnings beat on top and bottom, strong guidance, grew customer base. Well managed. No dividend. (Analysts’ price target is $326.86)
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.
EAM is now trading at 12x times' Price/Sales.
In the 4Q, TEAM’s revenue grew 27% to $872.7M, beating estimates of $866M and EPS of $0.45 beat estimates of $0.33.
The balance sheet is strong, with long-term debt (excluding leases) of $999M.
Total debt is around 1.2x times trailing twelve-month cash flow of $850M, and cash flow declined a bit around 4% compared to $884M last year.
The company also announced a share repurchasing program of $1B over the last few years.
The company did give out guidance for FY 2023, with revenue growth of 25%, and an operating margin of 17% on a non-GAAP basis.
The company beat on all metrics but management did mention the reduced cloud guidance, as they see weakness in the cloud driven by free-to-paid conversions of new customers worsening in the quarter in continuing that in the near future. Unlock Premium - Try 5i Free