Added to YB: 2024-10-08
Pitch date: 2024-10-07
CNRD [bullish]
Conrad Industries, Inc.
+148.77%
current return
Author Info
No bio for this author
Company Info
Conrad Industries, Inc. operates as a shipbuilder in the United States. The company offers new construction, repair and conversion, engineering experts, computer-aided manufacturing, and LNG industry services.
Market Cap
$185.0M
Pitch Price
$10.15
Price Target
34.00 (+32%)
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Machinery
Category
value
My Current Biggest Position: Conrad Industries, Inc. - $CNRD
CNRD: Undervalued at $10.20, 6x EPS target $34 in 5yrs. $6/sh NCAV, $8M lawsuit proceeds, record backlogs. Structural barge shortage, steel price normalization boost demand. Risks: steel price volatility, recession, customer concentration. Strong mgmt, insider ownership. 27% 5yr CAGR potential.
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