Professional
Added to YB: 2024-07-31
Pitch date: 2024-07-30
ENDI [bullish]
CrossingBridge Advisors, LLC
+104.97%
current return
Author Info
Cedar Creek Partners provides deep-dive research on undervalued companies. Follow on Twitter/X.
Company Info
CrossingBridge Advisors, LLC is a publicly owned investment manager. It primarily provides its services to investment companies.
Market Cap
$124.8M
Pitch Price
$8.25
Price Target
12.50 (-26%)
Dividend
N/A
EV/EBITDA
55.33
P/E
37.81
EV/Sales
11.27
Sector
Capital Markets
Category
value
Cedar Creek Partners Portfolio Holding - CrossingBridge Advisors, LLC
ENDI: AUM $3B, est. $1.08 EPS annualized. $1.73/share net cash. Trading 6x earnings ex-cash. Q2 bid price $4.87 to $7.96. Sold Willow Oak Asset Mgmt. Fair value $10.35-$12.50 now, $11-$13 EOY (8-10x earnings + cash). Est. $2.40/share cash EOY. $0.27 EPS growth/quarter.
Read full article (1 min)