Providence: Transformational Acquisition Of Ingeus Unlocks Significant Upside Potential
- Shareholder value creation at PRSC continues with the recently consummated acquisition of Ingeus.
- Reaction of the stock price to the recent earnings release suggests expectations remain too low.
- Pro-forma DCF analysis suggests shares offer a 30%+ margin of safety based on intrinsic value estimate.
- If management can continue to deliver on its growth targets, shares could potentially double by 2017.