Added to YB: 2024-11-15
Pitch date: 2024-11-15
ENZ [bullish]
Enzo Biochem, Inc.
-28.75%
current return
Author Info
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Company Info
Enzo Biochem, Inc., a life sciences company, engages in the labeling and detection technologies from DNA to whole cell analysis in the United States and internationally.
Market Cap
$52.8M
Pitch Price
$1.04
Price Target
2.08 (+173%)
Dividend
39.60%
Sector
Health Care Providers and Services
Category
value
Actionable Ideas Update - 11/14/2024 - Enzo Biochem, Inc.
ENZ: Litigation overhang cleared with provision made. $0.10/share special dividend (9% of market cap) signals potential liquidation. Bear case: unlikely material loss. Bull case: >$2/share potential. ELS momentum slowed. Liquidation value depends on cash burn, ELS valuation (1-2x sales), and real estate value (>$10m). Dividend may be return of capital.
Read full article (2 min)