WELL Health Technologies Corp WHTCF

Revised Targets

[retiredcf]

Desjardins’ Jerome Dubreuil cut his WELL Health Technologies Corp.  target to $5.25 from $5.50 with a “hold” recommendation, while Stifel’s Justin Keywood trimmed his Street-high target to $11 from $12 with a “buy” rating. The average is $7.96.

“WELL reported results which were slightly ahead of expectations,” said Mr. Dubreuil. “The company also provided 2024 revenue guidance which slightly beat consensus. However, profitability growth is lagging top-line improvement and management appears to be tilting capital allocation toward primary care. Although attractive consolidation opportunities exist in this segment, we believe these operations are not as scalable as pure technology, and therefore we do not think the 13 times EV/2024 EBITDA is particularly attractive.”

[prophetoffactz]

Is this the problem? "...management appears to be tilting capital allocation toward primary care. Although attractive consolidation opportunities exist in this segment, we believe these operations are not as scalable as pure technology, and therefore we do not think the 13 times EV/2024 EBITDA is particularly attractive.”"  

[retiredcf]

Remember that this is the opinion of the most negative of the analysts who also has the lowest target. And the stop losses is a very valid point and they may be kicking themselves tomorrow. For if they suddenly have a capital loss that they would like to use, they won't be able to jump back in for 30 days. GLTA

[Nextmillionaire]

Leadership rocks at WELL - love them all especially Mr Sabatino. Soon we will have a major green bounce

[retiredcf]

  Based on your posting history, is it safe to assume that you sold your BNS in order to buy WELL? If so, good move (especially if you purchased it yesterday). GLTA 

[ahsh1kah]

Right.  And according to tipranks, this gentelment one year success rate is 29%,  average return is negative 7%.   Only 6 out of 21 ratings made a profit. .   He has one star and a rank of #6867 out of #8631 Wall Street Analysts !!