We believe that shares of Perceptron Inc. (NASDAQ:PRCP), the leader in image-based automated inspection technology, have 75% upside by the end of 2014. Our bullish thesis on Perceptron centers on Helix, the company's 3D sensor scanning technology, which has recently begun to enjoy accelerated adoption. On Thursday, January 9th, the company secured its largest order yet for Helix at one manufacturing site, a ~$5 million contract with, most likely, either BMW or Volkswagen.
Considering the tremendous leverage in the company's model as quarterly revenues trend above $20 million, we believe Perceptron has $1.20 in earnings power for its upcoming fiscal year ending June 30th, 2015. Increased adoption of Helix could propel Perceptron to $100 million in sales...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|
|PRO Top long ideas returned 21.7% in 2016**|