WEBR - Grilled to Perfection

Fin Pros Appliance Stock Search - Weber (WEBR) has recently gotten a lot of buzz among traders because of its high-short interest. Yahoo Finance reports that approximately 40% of the float is short. [View in browser]( BROUGHT TO YOU BY: Proprietary Data Insights Financial Pros Top Furnishings & Appliances Stock Searches In The Last Month Rank Name Searches #1 Weber 361 #2 Whirlpool Corp 217 #3 Energy Focus Inc 176 #4 Fortune Brands Home & Security 92 #5 La-Z-Boy Inc 64 #ad [JPMorgan Says Bitcoin Could Hit $130K]( [JPMorgan Says Bitcoin Could Hit $130K]( JPMorgan says Bitcoin could climb to $130,000 … and other Wall Street institutions predict it could go much higher. But these financial titans are missing out on bigger opportunities with smaller, little-known coins. 99% of retail investors don’t even know these coins exist either. These are opportunities that could make even Bitcoin’s growth look like a horse-drawn buggy next to a Ferrari! In my urgent new crypto briefing, I reveal how anyone can get in on these coins while they’re still cheap and out of the public eye! Want to see how it works? [Click here to discover the details.]( WEBR - Grilled to Perfection Weber (WEBR) has recently gotten a lot of buzz among traders because of its high-short interest. Yahoo Finance reports that approximately 40% of the float is short. With the market bouncing back, so have traders' risk appetites. And with the recent short-squeeze in Bed Bath and Beyond (BBBY), they are on the hunt for more potential squeeze plays. And that’s why WEBR shot up on April 18 by 27%. That sent stock searches for the girll master through the roof, taking it from less than a dozen monthly looks to 361 in the last 30 days, putting it at #1 amongst financial pros looking into home furnishings and appliances. But is WEBR just a short-squeeze play, or is it a stock investors’ can get behind and hold for the long term? Check out what we think below… Weber’s Business Weber Inc., (WEBR) makes outdoor cooking products, accessories, consumables, and services. Its products are sold through an omnichannel network of wholesale, direct-to-consumer, and e-commerce. WEBR is the #1 brand and the global category leader in outdoor cooking. The firm has more than 50 million customers across 78 countries. It generates a majority of its revenues, 75%, from the sale of outdoor grills. WEBR has a 24% share of the outdoor grill market with 55% of its business from the Americas. [Revenue] The company’s products can be found at major retailers like The Home Depot, Walmart, Costco, Lowe’s, True Value, and Ace Hardware, as well as through its website, Weber stores, and online retailers like Amazon and Wayfair. Last year 80% of its sales came from major retailers, while 7% came from direct-to-consumers and 13% from e-commerce. Financials During the last quarter, Weber’s net sales decreased by 21%, to $528 million, from $669 million in the prior-year quarter as consumers exited lockdowns and began to venture out into the world. [Revenue Growth] The firm experienced strong growth from 2019 to 2021, as revenues went from $1.29 billion to $1.98 billion driven by lockdowns and stay at home orders. However, its 12-month trailing revenue is $1.78 billion. And is unlikely it will beat 2021’s record revenue numbers. The firm stated that inflation, supply chain disruptions, fuel prices, and a slow-down in demand are weighing down on its business. The company’s operating cash flow (ttm) is -$263 million. But the firm is putting together a plan which it believes can save them at least $110 million in the fiscal year 2023. Included in that plan, is a suspension of its quarterly dividend. Before its Q2 FY2023 quarterly earnings announcement, WEBR had total debt of $1.4 billion, and $52.7 million in cash, while sporting a market cap of $2.26 billion. Invest in the Future of Housing: Imagine if houses were built like cars, with one home coming off the assembly line every minute... wouldn’t that change the world? Well, cutting-edge housing manufacturer Boxabl plans to do just that by setting up the world's largest and most advanced housing factory. [Click here to know more]( [Ad] *This is sponsored advertising content Valuation [WEBR Stock] The firm experienced a net loss of $52 million compared to a net income of $18 million in the prior-year quarter. Furthermore, its adjusted EBITDA of $11 million was significantly worse than the prior year’s quarter, at $134 million. Furthermore, its gross profit dropped from $299 million in FYQ3 2021 to $154 million in FYQ3 2022. However, it’s not all doom and gloom for WEBR. It has an attractive price-to-sales ratio of 0.23x. Profitability [Gross Profit Margin] Profitability is something that currently eludes WEBR. Despite a gross profit margin of 30.13%, the firm has a negative EBITA margin, net income margin, return on equity, and return on total capital. But as mentioned earlier, the firm has a restructuring plan in place it believes can save it $110m+ in the fiscal year 2023. Growth [rev Growth] The firm has experienced a slowdown in revenue growth of -11.58% (YoY). However, it has experienced a 6% CAGR from FYQ3 2019 to FYQ3 2022. Moreover, since 1980, it has experienced approximately 10% revenue CAGR. Invest in the Future of Housing: Imagine if houses were built like cars, with one home coming off the assembly line every minute... wouldn’t that change the world? Well, cutting-edge housing manufacturer Boxabl plans to do just that by setting up the world's largest and most advanced housing factory. [Click here to know more]( [Ad] *This is sponsored advertising content Our Opinion 8/10 Weber has recently gotten attention from traders because of its high-short interest. Buying shares of heavily shorted stocks in hopes of producing a short squeeze is a very profitable strategy. However, unlike some short-squeeze stock plays, WEBR is a legitimate company with a rich history. It’s also the category leader in its space. And while Q3 was not a great one for the firm, we believe it has created a buying opportunity. And with its current restructuring plan in place, we think this will be a great stock to own for many years. [We want to hear from you! Let us know your thoughts by clicking here]( # [submit to reddit]( [submit to reddit]( [submit to reddit]( [submit to reddit]( To ensure delivery of all emails, [whitelist us](. Update your email preferences or unsubscribe [here](. View our privacy policy [here](#). Copyright ©2022 InvestingChannel. All rights reserved. 1325 Avenue of the Americas, Floor 27 & 28 New York, New York 10019 Disclaimer: This is not investment advice. This InvestingChannel, Inc. newsletter is for information purposes only and opinion-based. Futures, forex, stock, and options trading are not appropriate for all investors. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or against losses. No representation or implication is being made that using any of these methodologies or systems will generate returns or ensure against losses. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions. [Link](