InvestorsHub Logo
Followers 79
Posts 24434
Boards Moderated 1
Alias Born 09/08/2000

Re: None

Friday, 02/17/2017 10:18:15 AM

Friday, February 17, 2017 10:18:15 AM

Post# of 27336
LPTH - 2.11/2.14 I started buying today.

http://seekingalpha.com/article/4047131-lightpath-technologies-undervalued-overlooked-small-cap-player-hot-optical-components

LightPath Technologies: Undervalued And Overlooked Small-Cap Player In A Hot Optical Components Industry

Summary


•LightPath Technologies announced a 119% increase in operating income for its fiscal Q2 2017 ended December.

•The company expects growth to accelerate as its acquisition of ISP Optics closed on December 21.

•Optical components companies have shot up on increasing demand driven by the telecom industry. LPTH has been lagging even with improved financials.

•Pro forma statements combining LightPath and ISP operations show a TTM P/E of 12 and EV/EBITDA of 9, two to three times lower than larger industry counterparts.

•If LPTH's stock price doesn't ride the optical supercycle wave soon, I believe that it makes a good buyout target.



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.