Valuation
So with the updated financials known, we're currently trading at a valuation multiple of 4.9x 2022 EBITDA at today's close. Textron - the only comparable listed issuer - currently trades at 11x. When BBD closes this gap and trades @ 11x 2022 EBITDA, the SP will be $144.
That said, Textron's earnings growth is much slower than BBD's is (and will be through 2025, thanks to all of the service center capacity coming online, defense expansion, etc.) so BBD deserves a multiple higher than 11x as it clears off more debt. At say, 15x 2022, BBD would trade at $200. I don't think such a valuation multiple is unattainable if Bomber continues producing impressive results every quarter. We have a lot of room to run over the next two years.