skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. CRRX: Could you please comment on Carex Corp recent acquisition and whether you think they would make a good investment at this time. [CareRx Corporation]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Could you please comment on Carex Corp recent acquisition and whether you think they would make a good investment at this time.
Thank you

Asked by Mark on April 21, 2021
5i Research Answer:

CRRX trades at under 2X sales, and growth looks good. The stock is doing well. On the other hand, debt is high and it is still losing money. Insiders own 21% and have been recent buyers. The recent acquisition looks good and adds $170M to sales. Unlike many in the sector, the stock has kept the majority of its early-year gains. We would consider it one of the better mid-cap names within the sector.