Alternative Activist
Long/short equity, deep value, contrarian

Hooper Holmes: Pruning Of Underperforming Businesses Uncovers A High-Growth Business Ready To Break Out

A Quick History Lesson

Hooper Holmes (AMEX:HH) was founded in 1899 and over the last 40 years has been focused on providing health risk assessment services. The stock has fallen from an all-time adjusted high of ~$17.50 per share in 2000 to just ~$0.67 per share today -- and has languished at an average price of $0.63 since the start of 2009.

Mostly due to the general decline of life insurance applications requiring paramedical exams and pricing pressure from competitors, what was a profitable $300M+ annual revenue business had slipped to an unprofitable business with less than $150M in annual revenue. After a few unsuccessful restructurings and bleak cash flow prospects under the existing model, Hooper Holmes was...

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