Q: Hello Team,
ABCL, buy, sell, or hold?
I would appreciate if you could speak to, cash flow, debt, and growth expectations.
Thanks,
Saeed
ABCL, buy, sell, or hold?
I would appreciate if you could speak to, cash flow, debt, and growth expectations.
Thanks,
Saeed
5i Research Answer:
ABCL is down 52% this year, as sales have dropped off a cliff the last two years. It has $700M cash, but losing money ($132M loss expected this year). In the recent 12 months it did have marginally positive cash flow. Sales are expected to rise 75% next year, but still only to less than $60M. Without it doing an acquisition with its cash, we do not see a big catalyst for recovery here and would be more interested in selling.