This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

This Week's IPO Winners and Losers

At first look ExamWorks Group (EXAM - Get Report)seems to be a good deal, but Gaskins points out that at 149x annualized earnings for the nine months ended in September 2010, it's too expensive.

Plus, of the $119 million being raised, $100 million is going to repay debt. That leaves only $19 million to fund future acquisitions and for working capital. This is a problem, since most of ExamWorks' growth has come through acquisitions.

The company added 27 businesses in just 2 years from 2008 to 2010. Plus, it's internal growth rate has dropped from 17% in 2009 to 14% in 2010. While this fragmented market presents opportunities, its questionable that ExamWorks will have enough money to capitalize on that.

4 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
TSRX $0.00 0.00%
PATH $0.00 0.00%
BORN $1.35 3.85%
CCSC $5.42 -2.69%
EXAM $43.13 -0.09%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs