From FNArena 29/06/2021
ISD - ISENTIA GROUP LIMITED
Morgans rates ISD as Hold (3) - Market share data shows Morgans that competition in the media monitoring space has escalated over the last few months. It shows that Isentia Group's share of contract value dropped meaningfully in FY21. The share of number of contracts won also fell.
Competitors Streem and Meltwater have taken the bulk of market share, notes the broker. The target price remains at $0.175, which is the level of the current cash takeover offer from Access Intelligence. The Hold rating is unchanged.
Target price is $0.18 Current Price is $0.17 Difference: $0.005 If ISD meets the Morgans target it will return approximately 3% (excluding dividends, fees and charges). The company's fiscal year ends in June.
Forecast for FY21:
Morgans forecasts a full year FY21 dividend of 0.00 cents and EPS of minus 2.00 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 8.50.
Forecast for FY22:
Morgans forecasts a full year FY22 dividend of 0.00 cents and EPS of minus 1.00 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 17.00.
Market Sentiment: 0.0All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources