RE:RE:Double Based on Valuation or Fundamentals Your Pick...Relative to analyst expectations. Every time they report they are knocking the ball out of the park and as a result analysts have been forced to continue to raise PT as the share price exceeds their 12 month price target.
For 2017 analysts are only looking for 51% growth when the underlying business has grown 64% on trailing 12 month basis (prior to 140proof). Add on the other 10M from 140proof gives you a growth rate of over 121% on a trailing 12 month. With the last updated Q3 still growing organically at 60%+ before the 140proof deal was included for the entire quarter the business is going to grow faster than 50% this year especially if they are able to pull off another great tuck in deals.
So this gives them a diversified platform in the secular growth area of adtech trading at half the valuation of peers with a superior growth rate, top class management, insider buying and building the confidence in the street to help with financing and acquisitions and you got a great setup for a great company where you just buy it and put it away because you will only lose money trying to get cute and trade around it.
I don't think it is a coincidence that every time they share their story with investors at any investor conference the share price shoots higher as people realize the value in this small cap name that is getting ever closer to the 100M Market Cap which will bring in a much wider base of shareholders to AT and the valuation gap should narrow.