RE:I want to first say jtmoney wrote: that in no way would I ever wish ill will upon anyone, and I understand that we're not in Texas or Florida as a company. But with a second wave potentially emerging already due to reopenings, I can't help but think that these future tuck ins that we heard already had a hard time financially the first go around are going to have an even harder time the second go around. Will we potentially be getting these tuck ins at even better deals?
And if this virus is around for an extended period of time as some think, what will that due to valuations in healthcare? As one of the very few segments of the market that will be growing at a good rate could we start to see multiple expansions. Tech multiples are already extremely high and there isn't much growth elsewhere. Could we see possibly multiples of 15-20X ebitda?
Or is this just me daydreaming, thoughts anyone......
Glta
I kind of agree with you about healthcare in general and PTQ in particular.
Crawford has been serving up steak and building the company up the old fashioned way of hard work and nose to the grindstone. What we are just beginning to see is the sizzle. The stuff that excites investors and leads to higher multiples and valuations based on projected forward earnings. The covid-19 effect will also bring continued interest for a long time to come.