Cannae Holdings Intrinsic Value – Analysts Anticipate Strong Earnings from Cannae Holdings After Market Close Wednesday
August 13, 2023
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Cannae Holdings ($NYSE:CNNE) is a multi-industry holding company that focuses on strategic investments in a variety of businesses, including real estate and technology. The company currently has investments in eighteen different industries, ranging from agriculture to hospitality. Analysts are anticipating a strong quarter for Cannae Holdings when the company releases its earnings results after the market closes on Wednesday, August 9th. The company has seen positive growth over the past year and is expected to report strong revenue and earnings per share (EPS).
Investors are also watching Cannae’s stock price, which has been steadily increasing since April. Cannae Holdings has a proven track record of success and analysts believe that the company will continue to see strong growth moving forward. With the release of its earnings results on Wednesday, investors are hoping that the company will continue to beat expectations and deliver strong results for the quarter.
Earnings
Analysts have anticipated strong earnings from Cannae Holdings after the company releases its FY2023 Q2 earning report on Wednesday. The report indicates that total revenue has increased from 202.4M USD to 152.8M USD in the last 3 years, representing a 16.0% increase from the previous year. Net income has decreased from 176.4M USD to 167.0% in the same period. Given the current market conditions and positive outlook for Cannae Holdings, analysts are predicting a strong performance for the company in the coming quarter.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cannae Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 627.3 | -8.5 | -1.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cannae Holdings. More…
| Operations | Investing | Financing |
| -106.7 | 268.5 | -149.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cannae Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3k | 413.6 | 35.3 |
Key Ratios Snapshot
Some of the financial key ratios for Cannae Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -8.2% | – | 33.7% |
| FCF Margin | ROE | ROA |
| -18.8% | 5.0% | 4.4% |
Share Price
Analysts have high expectations for Cannae Holdings following the market close on Wednesday, with the stock opening Monday at $20.0 and closing at $20.0, a 0.4% increase from its prior closing price. The strong outlook is likely due to the success of Cannae Holdings’ recent investments, such as its acquisition of Viceroy Hotel Group and its majority stake in Vireo Health. Additionally, the company’s expansions into new markets, such as Latin America, appear to be paying off, increasing its customer base and driving revenue. Cannae Holdings’ strong financials and growth potential have made it an attractive option for investors, and they are enthusiastic to see how the stock performs after Wednesday’s market close. Live Quote…
Analysis – Cannae Holdings Intrinsic Value
At GoodWhale, we are constantly analyzing the financials of public companies to help investors make informed decisions. We have been keeping an eye on CANNAE HOLDINGS and have determined that the fair value of its share is around $27.4. Our proprietary Valuation Line was used to reach this conclusion. Currently, CANNAE HOLDINGS stock is trading at $20.0, which is 27.1% below its fair value. This means the stock is undervalued and could be an attractive investment option for those willing to put their money in it. However, we always advise investors to do their own due diligence and research before investing in any stock. More…
Peers
The company operates in three segments: restaurants, catering, and other food and beverage services. Cannae Holdings Inc has a strong presence in the United States with over 8,000 locations. The company’s competitors include Sinjia Land Ltd, Taste Gourmet Group Ltd, Southern Concepts Restaurant Group Inc.
– Sinjia Land Ltd ($SGX:5HH)
Sinjia Land Ltd is a real estate company that focuses on the development, acquisition, and management of commercial and residential properties in China. The company has a market capitalization of 4.56 million as of 2022 and a return on equity of -34.26%. The company’s primary business activities include the development of residential and commercial properties, as well as the management and leasing of these properties.
– Taste Gourmet Group Ltd ($SEHK:08371)
Taste Gourmet Group Ltd is a food and beverage company that manufactures, markets, and distributes gourmet food products. The company has a market capitalization of 423.89 million as of 2022 and a return on equity of 16.42%. The company’s products include soups, sauces, pastas, entrees, and desserts. The company also has a line of gourmet food products for pets.
– Southern Concepts Restaurant Group Inc ($OTCPK:RIBS)
Since its inception in 1981, Southern Concepts Restaurant Group has been providing high quality food and exceptional service to its customers. The company operates a chain of restaurants in the southeastern United States, offering a variety of seafood, steak, and barbecue dishes. Southern Concepts Restaurant Group has a market cap of 134.51k and a ROE of -322.77%. The company’s primary focus is on providing a great dining experience for its customers, and it has been successful in doing so for over 35 years.
Summary
Investors will be closely watching Cannae Holdings as it prepares to report its quarterly earnings results after the market closes Wednesday, August 9th. Analysts anticipate the company will post strong numbers, with expectations of increased revenue and profits. Shareholders will be keen to see how the company fares against the competition and its strategic direction for the future. Investors should also take note of Cannae’s liquidity position, debt levels and cash flows.
Additionally, analysts will be looking at any new products or services Cannae may be rolling out, as well as any changes in management or board memberships. With all these factors in mind, investors should be prepared to consider the potential impact this report could have on their portfolios.
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