Added to YB: 2020-01-08
Pitch date: 2020-01-08
ALR [bullish]
AlerisLife Inc.
-66.15%
current return
Author Info
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Company Info
AlerisLife Inc. operates and manages senior living communities in the United States. It operates through two segments, Residential and Lifestyle Services.
Market Cap
$44.1M
Pitch Price
$3.90
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.63
P/E
-1.11
EV/Sales
0.24
Sector
Health Care Providers and Services
Category
special_situation
Five Star Senior Living: Reorg with Spin Dynamics
FVE: Five Star Senior Living restructured from tenant to asset-lite operator for Diversified Healthcare Trust (DHC). New deal: 5% of revenues + 1.5% incentive. Guiding $20-30M EBITDA, 4-5x multiple = double. $100M cash + $100M 4x EBITDA = $6+ stock. Spinoff forced selling from yield-hungry DHC holders.
Read full article (3 min)