Concurrent (CCUR) will rally into the close from its current price of $7.85 and gap up big on Monday! CCUR at $7.85 has an enterprise value of only $46.35 million or 0.73X revenues of $63.23 million and 8.28X free cash flow of $5.6 million. Current Analysis rates CCUR's on demand server technology #1 in the industry ahead of #2 Cisco (CSCO), a $100 billion+ market cap company! Even Harmonic (HLIT), which is rated last place, is now trading for $7.92 - a higher share price than CCUR!
CCUR's Cash Per Share is 60% above HLIT's Cash Per Share
CCUR's Revenue Per Share is 49% above HLIT's Revenue Per Share
CCUR's Gross Profit Per Share is 85% above HLIT's Gross Profit Per Share
CCUR's EBITDA Per Share is 559% above HLIT's EBITDA Per Share
CCUR's GAAP EPS is 14,017% above HLIT's GAAP EPS
CCUR's non-GAAP EPS is 115% above HLIT's non-GAAP EPS
CCUR's Operating Cash Flow Per Share is 33% above HLIT's Operating Cash Flow Per Share
CCUR's Free Cash Flow Per Share is 36% above HLIT's Free Cash Flow Per Share
At a very minimum, based on operating cash flow, CCUR should be 33% above HLIT's share price of $7.92 and trading for $10.53. Based on non-GAAP EPS, CCUR should be 115% above HLIT's share price of $7.92 and trading for $17+
CCUR has the #1 video on demand (VOD) market share and their top 2 clients are Time Warner Cable (TWC) and Cox, 2 of America's 3 largest cable TV service providers with a combined 16.5 million subscribers! CCUR's VOD technology reaches a total of 50 million households worldwide! CCUR has been a rumored takeover target since 2006 and major consolidation is now beginning to finally take place in the cable TV industry!