Hmm. The number 777 is commonly interpreted as a sign of spiritual alignment, good fortune. Let’s hope these revenue forecasts are on the money! Because if they are…
With NTRB hitting $8.55 yesterday comfortably near the old 52-week high and sitting more than $2.10 above a $6.43 warrant strike price (that could bring a $5 million ‘ring-the-bell’ bonus to the Company) – the momentum is perfectly aligning with the potential fundamental data. The story writes itself: Wall Street’s $177 million revenue target is in our opinion a conservative slice of a $1.32 billion maximum addressable market (Fentanyl + other dangerous drugs), and the stock’s price action shows the market is finally waking up to it.
While we don’t internally issue revenue or earnings guidance, or price targets, we do read and share those of others, when from established and reputable firms – which have analysts which do make forecasts.
While we cannot guarantee, nor can the forecasters that these numbers will be accurate – we can guarantee that if they are accurate, there is no way, no how (again in our opinion) that Nutriband will be selling anywhere near $7.77, if they start to lay tracks that indicate that they will be able to generate revenues near $200 million in 2028, or even 2030. We’re not traders, we’re long-term and as our track record has repeatedly shown, we are patient.
While we assume there will be more shares outstanding in 2028 than as forecasted, right now on this trading day, there are 12.16 million shares outstanding, giving Nutriband a market cap of only $94.4 million at $7.77. Too small (for now) for institutional buyers.
On average, pharmaceutical companies sell for 5.6 times sales, according to industry sector valuation data tracked by NYU Stern’s Aswath Damodaran. That is not an opinion, that average is a mathematical fact.
Due to the high profit margins structurally inherent to proprietary drug formulations, this 5.6x sector benchmark demonstrates a profound valuation disconnect at play with Nutriband, in our opinion.
When applying even a standard industry multi-year price-to-sales ratio, to Noble Capital Markets’ projected $177 million in 2028E AVERSA Fentanyl revenues. This suggests that the market is severely underpricing Nutriband’s near-term commercial pipeline relative, to its global pharma peers.”
If Nutriband were to achieve Wall Street’s revenue estimates (again no gaurantee) and sell for industry wide multi-year price-to-sales ratio, the indicated market value would be $991 million or ten-times over where it is currently trading.
$7.77
Angel Number 777: Many believe that seeing 777 repeatedly means luck is on your side and that your hard work is paying off. It acts as an encouragement to trust your intuition and continue your investment research.
Intensified Energy: In numerology, the single digit 7 stands for wisdom, introspection, and truth-seeking. Seeing it three times (777) magnifies those traits.
Christianity and the Bible: The number 7 often symbolizes completeness or perfection in scripture. Triple sevens are viewed by some as a symbol of divine involvement or the fulfillment of sacred work.
Casino Culture: On slot machines, hitting a combination of three sevens (777) traditionally represents the top jackpot or a major win.
So fingers crossed on our latest find.
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