RE:RE:Q1I also agree with most of the senitiment on this bullboard regarding the Q1 earnings... very much a mixed bag. Clearly, ENGH has deployed some solid strategies to protect their cash position and their EBITDA in the face of challenging business conditions.
However, I might be more concerned than most on this board regarding the rather dismal top-line growth number. At just 7%, it missed estimates by a wide margin. Yes, I know that this meagre growth rate could be dismissed due to COVID and normal seasonality effects, however, it is too big of a miss for me to ignore.
At approximately 35X earnings, ENGH is priced for solid, if not aggressive, growth. Should the market begin to doubt their growth story, the SP will be punished. I see quite a bit of downside risk should the market decide that something closer to a 30X valuation is in order for this company. JMHO
-GBG