BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

UI: Enterprise Not Enough to Offset Service Provider

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul type="disc"><li>
Ubiquiti (UI) reporting better than expected fiscal third quarter (March) was only part of the story. The Company disclosed it was not able to keep up with demand due to component shortages that have spilled over into the June quarter.</li></ul> <ul type="disc"><li>Ubiquiti has experienced an elevated level of demand since the beginning of the COVID-19 pandemic that has yet to show signs of waning.</li></ul> <ul type="disc"><li>Ubiquiti has expanded its product portfolio to a degree that it should attract more customers to the brand. Ubiquiti is building a portfolio of consumer products.</li></ul> <ul type="disc"><li>We are updating our fiscal 2021 and 2022 (June) estimates to take into consideration component issues and one-times expenses Ubiquiti realized in the March quarter. We are now projecting June quarter revenue to increase to $483.6 million mostly the result of service provider revenue rising.</li></ul> <ul type="disc"><li>Ubiquiti’s sales performance affirms our reasoning for carrying a $370 price target. The stock should reach $400 as investors value revenue growth coming from multiple end markets.</li></ul>


Ubiquiti (UI) reporting better than expected fiscal third quarter (March) was only part of the story. The Company disclosed it was not able to keep up with demand due to component shortages that have spilled over into the June quarter. Ubiquiti has experienced an elevated level of demand since the beginning of the COVID-19 pandemic that has yet to show signs of waning. Ubiquiti has expanded its product portfolio to a degree that it should attract more customers to the brand. Ubiquiti is building a portfolio of consumer products. We are updating our fiscal 2021 and 2022 (June) estimates to take into consideration component issues and one-times expenses Ubiquiti realized in the March quarter. We are now projecting June quarter revenue to increase to $483.6 million mostly the result of service provider revenue rising. Ubiquiti’s sales performance affirms our reasoning for carrying a $370 price target. The stock should reach $400 as investors value revenue growth coming from multiple end markets.

UI: Expanded Product Line Supports Further Growth

Ubiquiti Inc.

UI: Expanded Product Line Supports Further Growth