John Leonard, CFA
Special situations, micro-cap, contrarian, CFA

Orbit International Is Attractive And At A Key Inflection Point

(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)

Key takeaways

    Orbit International (NASDAQ:ORBT) remains trapped in a narrow trading range due to the continuing effects of sequestration including budget cuts and contract delays. However, legacy orders appear to be only delayed rather than cancelled while several significant orders received subsequent to the end of the quarter should drive a rebound in the backlog. Moreover, a recent facility consolidation is expected to produce cost savings in excess of ttm EBITDA, which cuts the current multiple in half. Furthermore, a shareholder oriented management continues to ...
Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details