Redeye: Image Systems - Time for a Turn-around
Redeye retains a reasonably optimistic stance on Image Systems although leaving estimates and valuation broadly unchanged following full-year 2019 numbers. Admittedly, Q4’19 came in on the low side primarily due to one-off costs in RemaSawco’s X-ray business, but Motion Analysis pummeled along and overall order backlog improved. On balance, we see a good case for a turn-around in Image Systems in 2020 which could unlock considerable value in the rather depressed shares.
Read more and download the research update: http://bit.ly/2HFd8ad
Start following companies at Redeye to recieve the latest equity research within Life Science and Technology.
This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/about/
Latest Press releases
-
Image Systems affärsområde RemaSawco erhåller beställning från G3 Gausdal Treindustrier i Norge på knappt 1,3 MSEK
-
Image Systems' Business Unit RemaSawco Receives Order from G3 Gausdal Treindustrier in Norway Valued at Just Under SEK 1.3 Million
-
Image Systems affärsområde Motion Analysis erhåller order värd 1,8 MSEK från ledande amerikanskt flyg- och försvarsföretag
-
Image Systems’ Motion Analysis Business Unit Secures 1.8 MSEK Order from Leading U.S. Aerospace and Defense Company