RE:Revenues - growth - 2021speedy99 wrote: In reviewing some of the number crunching by the analysts, I am surprised to see that most are still assessing annual revenues at 50 mill. I appreciate that we are growing at such a substantial clip that it is hard to keep up with the developments. But if bullish analysts are predicting a sp above 10 dollars this year, what will they be predicting when revenues are ten times what current assumptions are based on?
this is somewhat normal with institutional coverage - roll-ups/consolidators like WELL are hard to model. acquisitions are hard to model because of the timing of them, the terms of the acquisition, and what the impact of the acquisition will have on the company as a whole.
analyst modelling follows financial statements and it is very historical looking sometimes.
now that CRH has closed, the financial strength of WELL has vastly improved and if we can continue our good M&A clip I expect price targets will rise in the coming quarters.