
TSE:WELL
This summary was created by AI, based on 13 opinions in the last 12 months.
WELL Health Technologies is perceived as a company with potential, particularly given its focus on electronic medical records and clinic operations. Reviews highlight a recent struggle with execution, particularly post-pandemic, and frustrations related to acquisitions that haven't significantly moved the stock price. Analysts note a divergent sentiment towards the stock, with many awaiting catalysts for a price rebound, especially as they divest from less favorable US operations. Despite impressive revenue growth signals and an attractive valuation at around 9-10x PE, concerns over competition and regulatory scrutiny remain prevalent, leaving experts in a cautious wait-and-see mode about the company's longer-term prospects.
2024 Expectations :
Q4 EPS 3.7c; revenue $146.1M.
2022 EPS 12c; revenue $538.5M
2023 EPS 21c; revenue $621M
We would consider it a buy today.
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Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Strategy of acquiring clinics and digital assets. Strong player in digital health space in Canada. Entry into lucrative US market. Expensive valuation; high share price risk. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. EPS of $0.03 beat estimates and revenues were also ahead of expectations at $115.68M. Revenues increased 573% yoy for the quarter. Management expects 2022 revenues to top $500M and the company should be profitable. Very good results. Unlock Premium - Try 5i Free
WELL is up 84% YTD and not that far from its 52-week high. It ran up hard this year and the drop does look like profit-taking to us since there really was no negative news. We would consider it buyable today. For the Canadian sector we see it as quite attractive.
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