Added to YB: 2026-04-22
Pitch date: 2026-04-11
ISSC [bullish]
Innovative Aerosystems, Inc.
-26.83%
current return
Author Info
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Company Info
Innovative Aerosystems, Inc., engages in the engineering, manufacturing, and supply of advanced avionic solutions.
Market Cap
$366.1M
Pitch Price
$24.79
Price Target
10.00 (-41%)
Dividend
N/A
EV/EBITDA
13.42
P/E
19.49
EV/Sales
4.23
Sector
Aerospace and Defense
Category
value
LONG: Innovative Solutions & Support (NASDAQ: ISSC)
ISSC (new position): Avionics maker acquired Honeywell product lines at 3.75x operating income, expects 40%+ rev growth & 75% EBITDA growth in 2024 with EPS ~$0.43 (+35% vs 2023). Strong autothrottle sales ahead on Textron King Air 260/360 Navy contract (74 total aircraft through 2026). Trading at trough 10.6x EBIT vs historical 25x as founder's estate sold 2.5M shares (overhang clearing). Target $10/share by 2026 on 20x multiple & $0.49 EPS implies 85% upside, 23% IRR, 6.8x risk/reward.
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