Professional
Added to YB: 2025-02-12
Pitch date: 2025-02-10
PROM [bullish]
Propel Media, Inc.
+1.23%
current return
Author Info
Cedar Creek Partners provides deep-dive research on undervalued companies. Follow on Twitter/X.
Company Info
Propel Media, Inc. operates as a diversified online advertising company in the United States and internationally.
Market Cap
$214.7M
Pitch Price
$1.19
Price Target
4.80 (+300%)
Dividend
N/A
EV/EBITDA
N/A
P/E
22.18
EV/Sales
N/A
Sector
Interactive Media and Services
Category
special_situation
Cedar Creek Partners Portfolio Holding: Propel Media, Inc.
PROM: FTC blocked IQVIA acquisition ($700-800M, $2.75-3.15/share). Bought at $0.23 in Jun'23 for 10-12x potential. 24% dividend yield since Aug'23. Still undervalued post-deal. New admin may bring business-friendly FTC. Merger revival possible. Holding for long-term value.
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