Gary Bourgeault
Long only, research analyst, portfolio strategy, media

Cenveo And The Challenging Road Ahead

My last thesis concerning Cenveo Inc. (NYSE:CVO) was that it wasn't being rewarded for some of the steps it was taking to improve the company, and if the share price didn't go up, there was a very good chance the company would be taken private.

Part of that thesis came from an earnings report where the frustrated management didn't reject the possibility of going private when asked about it. Another part was the trend that is so strongly working against the print product industry it operates in. Thirdly, it is difficult to know whether or not Cenveo has found a bottom or can drop further.

Since that time, the company has completed the acquisition of former competitor, National...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
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