Kaufen
|
Original-Research: urban-gro, Inc. - from First Berlin Equity Research GmbH
Classification of First Berlin Equity Research GmbH to urban-gro, Inc.
First Berlin Equity Research hat ein Research Update zu urban-gro, Inc. (ISIN: US91704K2024) veröffentlicht. Analyst Ellis Acklin bestätigt seine BUY-Empfehlung und senkt das Kursziel von USD 4,70 auf USD 2,30. Zusammenfassung: urban-gro hat eine Handvoll Aufträge von Fogo de Chão bekannt gegeben. Der Gastronom setzt die Expansion seiner brasilianischen Restaurantkette fort und hat den Design-Build-Spezialisten erneut mit dem Bau von drei neuen Steakhäusern beauftragt. Nach einem äußerst schwierigen Jahr 2024 hat sich der Nachrichtenfluss in diesem Jahr deutlich verbessert, aber das Unternehmen hat immer noch Nachholbedarf bei seinen SEC-Filings (2024 10-K). Die kürzlich veröffentlichten Ergebnisse für Q3/24 waren besonders schwach und zeigten einen 50%igen Umsatzrückgang. Daher haben wir unsere Prognosen gesenkt, bis das Aufwärtspotenzial des umstrukturierten Geschäftsdeutlich sichtbar wird. Unser rekalibriertes DCF-Modell weist auf einen fairen Wert von $2,30 pro Aktie hin (zuvor: $4,70), was einem Aufwärtspotenzial von 400% entspricht, und wir glauben, dass die schmerzvolle Transition den Weg zum lang erwarteten Turnaround geebnet hat. Unsere Empfehlung bleibt Kaufen. First Berlin Equity Research has published a research update on urban-gro, Inc. (ISIN: US91704K2024). Analyst Ellis Acklin reiterated his BUY rating and decreased the price target from USD 4.70 to USD 2.30. Abstract: urban-gro has announced a handful of contract wins with Fogo de Chão. The restaurateur continues to expand its Brazilian dining chain and has once again hired urban-gro to construct three new steak houses. Newsflow has been markedly better so far this year after an ultra-challenging 2024, but the company is still in catch-up mode on its SEC filings (2024 10-K). Recently published Q3/24 results were particularly weak, showing a 50% topline contraction. Consequently, we have lowered FBe until the upside potential of revamped operations becomes clearly visible. Our recalibrated DCF points to fair value of $2.3 per share (old: $4.7) equal to 400% upside, and we believe a painful transition has paved the way for the long-awaited turnaround. Our rating remains Buy. Bezüglich der Pflichtangaben gem. §34b WpHG und des Haftungsausschlusses siehe die vollständige Analyse. You can download the research here: http://www.more-ir.de/d/32360.pdf Contact for questions: First Berlin Equity Research GmbH Herr Gaurav Tiwari Tel.: +49 (0)30 809 39 686 web: www.firstberlin.com E-Mail: g.tiwari@firstberlin.com
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
||||||||||||||||||||
2125694 28.04.2025 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.