Professional
Added to YB: 2025-04-17
Pitch date: 2025-04-15
ENDI [neutral]
CrossingBridge Advisors, LLC
+4.26%
current return
Author Info
Cedar Creek Partners provides deep-dive research on undervalued companies. Follow on Twitter/X.
Company Info
CrossingBridge Advisors, LLC is a publicly owned investment manager. It primarily provides its services to investment companies.
Market Cap
$135.3M
Pitch Price
$15.25
Price Target
23.50 (+48%)
Dividend
N/A
EV/EBITDA
N/A
P/E
34.50
EV/Sales
N/A
Sector
Capital Markets
Category
value
Cedar Creek Partners Portfolio Holding: CrossingBridge Advisors, LLC
ENDI (holding update): CrossingBridge fixed income asset manager trading at 7x cash earnings net of cash. AUM +30% in 2024 to $3.4B, +10% in Q1'25 to $3.8B. Q4'24 adj op margin 47-48%, cash EPS $0.35 ($1.40 annualized). Fair value $19.30-$23.50 vs current $12. Post Q1, fund invested $25.9M for 25% stake, affirming value.
Read full article (2 min)