Professional
Added to YB: 2024-07-31
Pitch date: 2024-07-30
PROM [bullish]
Propel Media, Inc.
+261.01%
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
$0.33
Price Target
3.15 (+163%)
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, received $0.0352 dividends (15% yield). Still undervalued at 1/10 of IQVIA offer. Waiting for next liquidity event. Upside potential remains high despite deal falling through.
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