CTP just reported its first quarter out of the IPO box and it was quite reasonable. Q1 guidance suggests 30mm in revenues and just under an 8% margin. CTP is hiring top tier parttners from other firms and will outgrow KFY and HSII yet it carries a 30% discount to those peers on a PE basis. The discount was rational to get the deal done and before the first print but now the gap should begin to close as CTP is pound for pound stronger than both.
If the stock trades to 17x and grows eps 20%, the stock is a double in just over a year. 15 today.