Professional
Added to YB: 2024-09-27
Pitch date: 2024-09-25
ATEX [neutral]
Anterix Inc.
-44.3%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
Anterix Inc. focuses on the commercialization of spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and solutions.
Market Cap
$424.3M
Pitch Price
$38.76
Price Target
N/A
Dividend
N/A
EV/EBITDA
-9.81
P/E
4.42
EV/Sales
65.82
Sector
Diversified Telecommunication Services
Category
N/A
Pernas Research Passes On: Anterix Inc.
ATEX pass: 900MHz spectrum for utility private networks. 5 contracts signed, cash flow neutral despite GAAP losses. $250M buyback raises concerns given slow adoption & infrastructure needs. Better to maintain cash cushion & focus on dividends. Passing due to poorly timed buyback.
Read full article (1 min)