Entering text into the input field will update the search result below

Living La LivaNova Once More: Shakeup Pays In Capital Gains

May 03, 2021 10:25 AM ETLivaNova PLC (LIVN)SNN
Zach Bristow profile picture
Zach Bristow


  • LivaNova Plc continues its excellent turnaround story that commenced in October 2020, since 2.2% owner Prime Capital LLP's scathing letter.
  • Shareholders have enjoyed +65% upside from this point until today, and the technical picture corroborates more upside on the charts.
  • We are looking for a pullback to key support zones identified in our studies as Covid-19 headwinds remain, evidenced in Q12021 earnings.
  • The company reported mixed results across the quarter, although saw sequential gains in market cap and EV.
  • Normalised P/E of 65x FY2021 EPS estimates and normalised EV/EBITDA of 29x FY2021 EBITDA forecasts sees a price target of $105.
Various medical equipment - top down view
Photo by Bart Tyszka/iStock via Getty Images

Investment Thesis

LivaNova Plc (NASDAQ:LIVN) looks well-positioned to deliver on revenue growth and continued share appreciation in FY2021, as elective procedures begin to rebound and COVID-19 effects on patient turnover begins to diminish. However, to push back on this point, LIVN continues to

This article was written by

Zach Bristow profile picture
Equity strategist, global equities, at Bernard Family Office. Analyzing market trends to tell investors what's the best investments based on macroeconomic, idiosyncratic factors.Shoot me a message to talk trade ides or portfolio construction. Disclaimer:Please remember to conduct your own due diligence.

Analyst’s Disclosure: I am/we are long LIVN. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You


Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.