Professional
Added to YB: 2024-09-27
Pitch date: 2024-09-25
ATEX [neutral]
Anterix Inc.
+4.15%
current return
Author Info
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Company Info
Anterix Inc. operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and broadband solutions.
Market Cap
$712.6M
Pitch Price
$38.76
Price Target
N/A
Dividend
N/A
EV/EBITDA
-13.01
P/E
-31.62
EV/Sales
130.40
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.
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