Added to YB: 2026-04-03
Pitch date: 2026-03-31
BUKS [neutral]
Butler National Corporation
-1.99%
current return
Author Info
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Company Info
Butler National Corporation designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems.
Market Cap
$241.6M
Pitch Price
$3.77
Price Target
4.90 (+33%)
Dividend
N/A
EV/EBITDA
7.40
P/E
12.61
EV/Sales
2.61
Sector
Aerospace and Defense
Category
value
As Butler National Clears New Altitude, is it Still a Buy?
BUKS (holding update): Q3 rev $26.9M (+27% YoY), op income $9.2M (+129%), EPS $0.10 vs $0.05. Aerospace rev +50% to $17.1M on aircraft mods & special mission electronics. Gaming EBITDA ~$12.8M annualized, Aerospace ~$24M. SOTP: Gaming $90M (7x), Aerospace $216M (9x), net value $313M or $4.90/sh vs $3.80 current. Upside to $5.86/sh if re-rates to 12x post-uplisting. Aggressive buybacks continue. Risks: legacy platform obsolescence, regional casino headwinds.
Read full article (7 min)