Stock price when the opinion was issued
They are into electronics technology, primarily for trucking, oil and gas. They had a difficulty with their main contrast, lost a lot revenue but he believes they will become profitable again this year. He’s looking for a future price of about $5 and change (it is currently $1.55) (No analysts have provided a price target.)
This company does drive trains for the truck industry. They do business in the US and in Mexico and have closed some operations in Mexico. They’re involved in oil pipelines. Their revenue has dropped over the past few years from $326 million to $82 million. They lost a major ($200 million) contract and have cut expenses a lot. He thinks cost-cutting is done. Management expects to show a profit this year but they have been wrong in the past. His sell target is $5.49. (Analysts’ price target is not provided)
Revenues have been going up after they lost a major contract. Margins are way up. (Analysts’ target: $1.58).