Added to YB: 2024-11-21
Pitch date: 2024-11-21
LEAT [bullish]
Leatt Corporation
Author Info
@ArmsGarrett is a a research analyst and portfolio manager whoe stock pitches on Twitter. Follow on Twitter
Company Info
Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide.
Market Cap
$45.4M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
Sector
Leisure Products
Category
value
LEAT: Undervalued Growth Play with Earnings Potential Matching EV
LEAT: $47M mkt cap, EV $35M. Direct sales +12%, channel inventory nearing normalization. Profitable, inflection in 9 months. $30M pretax '21-'22 vs $35M EV. Likely earns EV in 5-6 yrs. $6+/share working cap downside protection. Comparable to SWBI during dealer destocks. Clear growth potential.
Read full article (1 min)