Skylight Health Group Inc SLHGF

Analyst initiates a buy rating with a $8 USD price target

[GrkMaga]

Lake Street Capital Markets analyst -Frank Takkinen initiates coverage on Skylight Health Group with a Buy rating and announces Price Target of $8.

[lscfa]

Valuation based on p/s multiple is nonsense. Peers are not profitable and their p/s multiples will come down.

[Massarutti]

Interesting! Can you pls develop the reasoning, as if I was a 5th grader. Thanks!

[lscfa]

the peers are not proftiable so they are being valued on revenues with the crazyass assumption that they will be highly proftiable. When reality sets in valuations will come down.      

[lscfa]

Price-to-sales multiple is a lousy valuation tool because some companies have more profitable sales than others. Better to value co.s based on profit multiples. Note the analyst forecasts losses for Skylight for 2021 and 2022.  

[Justcall6969]

5TH Graders should not be investing in the stock market. Grow up and educated yourself before making any investment decisions. lol Cheers JC

[Massarutti]

It's never to late to learn. It's good to know there are kind people out there, willing to guide and explaine. You seam not to be one of them. But who knows - maybe you learn something you to, and grow up to se the meaning of kindness.