Feb. 11 at 10:47 AM
$CCLD $XLV $LABU $IBB $XBI Healthcare sector.
CareCloud (CCLD) received a buyout offer for
$5 per share, which indicates that CCLD is on the radar and will be acquired sooner or later: https://www.globenewswire.com/news-release/2024/05/13/2880375/16541/en/CareCloud-Capital-Structure-Update.html
From a valuation standpoint, CCLD currently is dirt-cheap, because its current Enterprise Value including the preferreds is only
$160 million.
Therefore, EV-to-Revenue is only 1.3 times and EV-to-adj. EBITDA is only 5 times.
And the peers trade have much much higher multiples than CCLD's...