Professional
Added to YB: 2020-09-21
Pitch date: 2020-09-21
CLCT [bullish]
Collectors Universe, Inc.
+75.38%
current return
Author Info
Alta Fox Capital Management is an alternative asset management firm based in Fort Worth, Texas, thaat occaionally shares stock pitches. Follow on Twitter.
Company Info
Collectors Universe, Inc. provides authentication, grading, and related services to dealers, collectors, retail buyers, and sellers of coins, trading cards, event tickets, autographs, and historical and sports memorabilia in the United States.
Market Cap
$832.7M
Pitch Price
$52.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
46.61
EV/Sales
N/A
Sector
Diversified Consumer Services
Category
turnaround
Alta Fox Capital new pitch - Collectors Universe (CLCT)
Here is a 280-character summary of the Collectors Universe investment thesis: CLCT has dominant brands (PSA/PCGS) in grading cards/coins but is inefficiently run by complacent board. New initiatives in consignment, digital portfolio, storage can drive 40%+ EPS growth to $5+ by FY23. At 25x P/E, CLCT worth $125-150/share vs $45 today. Alta Fox seeks board seats to drive change.
Read full article (57 min)