Single digit revenue growth forecast for FY24. Prior to the report coming out A2M was trading on something like a PE ~25. Do the math and you get today's drop. People seem to conveniently ignore company valuations. Single digit revenue growth does not deserve such a high multiple. And throw in the uncertainty around that forecast. Even after today's drop it's still trading on a lofty multiple given the growth profile of the company.
A2M Price at posting:
$4.27 Sentiment: None Disclosure: Not Held
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