OPTI - OPTEC International Rated Speculative BUY with $5.50 PPS Target by Goldman Small Cap Research
December 06 2018 - 10:19AM
InvestorsHub NewsWire
Carlsbad, CA
-- December 6, 2018 -- InvestorsHub NewsWire -- OPTEC
International, Inc. (OTCQB:
OPTI) today announced that Goldman Small Cap Research issued a
new research report on the Company. The report discusses recently
announced events, financial forecasts and a $5.50 price target for
its shares. To view the update report, along with disclosures and
disclaimers, visit http://www.GoldmanResearch.com.
Goldman
Small Cap Research Report
Highlights
In the
Opportunity Research update, analyst Rob Goldman discusses OPTEC’s
recent events and exciting upcoming opportunities that lie
ahead.
Goldman noted,
“Via an exclusive worldwide license, OPTEC offers such an
innovative, high performance, emission-reducing product that it may
not even have a direct peer. Emissions can be reduced by as
much as 90% yet performance increased by as much as 25%. The
aftermarket product industry, in which OPTEC participates, is
slated to grow to over $847B in 2022. Products offered target the
passenger, commercial, fleet, motorcycle, and electric scooter
markets.
“A recent
royalty agreement should generate more than $10M in top-line over
the next 3 years. OPTEC has just entered the commercialization
phase and is in the best position in company history. A combination
of royalty and product sales could result in $4M and $14M in
revenue for 2019 and 2020, respectively. Since royalty revenue has
little to no COGS, operating profit could reach $5M in
2020.”
“Our target
price is $5.50 and it could prove to be conservative. Our
price target represents a $98M market cap, or 7x projected our
2020E top-line forecast. Assigning a 20x P/E multiple on just
$5M affirms this target. Furthermore, it should be noted that
the stock generally had a base of around $5 in recent months, prior
to price declines and has supported prices of over $10 in the past
12 months---before OPTI’s current business development successes,”
concluded Goldman.
About
Goldman Small Cap Research: Founded in 2009 by former
Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman
Small Cap Research produces sponsored and non-sponsored small cap
and microcap stock research reports, articles, stock market blogs,
and popular investment newsletters.
Goldman Small
Cap Research is not in any way affiliated with Goldman Sachs &
Co.
This press
release contains excerpts of our most recently published
non-sponsored company research report on OPTEC International, Inc.
which carries a rating and a price target. The information
used and statements of fact made have been obtained from sources
considered reliable but we neither guarantee nor represent the
completeness or accuracy. Goldman Small
Cap Research relied solely upon information derived from OPTEC
International, Inc. (“the Company”) authorized press releases or
legal disclosures made in its filings with the U.S. Securities and
Exchange Commission http://www.sec.gov.
Separate from the factual content of our report about
the Company, we may from time to time include our own opinions
about the Company, its business, markets and opportunities. Any
opinions we may offer about the Company are solely our own, and are
made in reliance upon our rights under the First Amendment to the
U.S. Constitution, and are provided solely for the general
opinionated discussion of our readers. Our opinions should not be
considered to be complete, precise, accurate, or current investment
advice. Statements herein may contain forward-looking statements
and are subject to significant risks and uncertainties affecting
results.
A Goldman
Small Cap Research report, update, newsletter, article, trading
alert, corporate profile, or press release is not intended as an
offering, recommendation, or a solicitation of an offer to buy or
sell the securities mentioned or discussed is to be used for informational purposes
only. Please read all associated full disclosures,
disclaimers, and analyst background on our website before
investing. Neither Goldman Small Cap Research nor its parent is a
registered investment adviser or broker-dealer with FINRA or any
other regulatory agency. To download this research report or any of
our research, view our disclosures and disclaimers, or for more
information, visit www.goldmanresearch.com. Goldman Small Cap
Research was compensated $3500 form a third party for the
production and distribution of the report.
About
OPTEC International, Inc. Corp. (OTC
- OPTI) OPTEC International, Inc. is a leading
worldwide provider of green technologies and holds the exclusive
worldwide license for marketing and distribution of OPTEC Fuel
Maximizer products. The OPTEC Fuel Maximizer is a patented next
generation technology solution. By improving the overall combustion
process, it enables modern, combustion engines to substantially
reduce unburned hydrocarbons and harmful emission while
simultaneously increasing engine performance and fuel
economy.
For more
information, please visit: www.Optecintl.com
Goldman Small
Cap Research
Rob Goldman,
Analyst
410-609-7100
rob@goldmanresearch.com
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