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BurTech Acquisition Corp (BRKH)BRKH
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Upturn Advisory Summary
11/04/2024: BRKH (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 11.43% | Upturn Advisory Performance 4 | Avg. Invested days: 102 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 11/04/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 11.43% | Avg. Invested days: 102 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 11/04/2024 | Upturn Advisory Performance 4 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 172.10M USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.02 |
Volume (30-day avg) 3009 | Beta 0.04 |
52 Weeks Range 10.58 - 11.38 | Updated Date 11/3/2024 |
Company Size Small-Cap Stock | Market Capitalization 172.10M USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.02 | Volume (30-day avg) 3009 | Beta 0.04 |
52 Weeks Range 10.58 - 11.38 | Updated Date 11/3/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -3.28% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 174051115 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -56.48 |
Shares Outstanding 15162700 | Shares Floating 4776845 |
Percent Insiders 68.5 | Percent Institutions 31.41 |
Trailing PE - | Forward PE - | Enterprise Value 174051115 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -56.48 | Shares Outstanding 15162700 | Shares Floating 4776845 |
Percent Insiders 68.5 | Percent Institutions 31.41 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
BurTech Acquisition Corp.: A Comprehensive Overview
Disclaimer: Please note that this document is for informational purposes only and does not constitute financial advice. Investing in stocks involves inherent risks, and any investment decisions should be made based on your individual circumstances and risk tolerance, with the guidance of a qualified financial advisor.
Company Profile
History and Background
BurTech Acquisition Corp. (Nasdaq: BTEK) is a special purpose acquisition company (SPAC) based in Boston, Massachusetts. Their initial public offering (IPO) took place in March 2021, raising $200 million. The company's primary focus is on identifying and acquiring a target company in the technology sector or a related industry within 24 months of its IPO.
Core Business Areas
Currently, BurTech Acquisition Corp. operates with the single purpose of conducting merger and acquisition activities. Once a suitable target company is identified, BurTech will acquire it, at which point the resulting combined entity could engage in the acquired company's original business lines.
Leadership Team and Corporate Structure
The leadership team comprises experienced investors and executives:
- Chairman and CEO: Eric Brandt (former investment banker at Goldman Sachs and founder of BurTech Capital)
- CFO: Robert Smith (former CFO of BNY Mellon's Global Markets division)
- President: James Henderson (former CEO of LogMeIn Inc.)
BurTech operates with a lean organizational structure focused on evaluating and completing potential acquisitions.
Top Products and Market Share
As a SPAC, BurTech does not currently have its own products or market share. However, upon completion of their acquisition, the information on top products, market share, and competitor analysis will be relevant to the newly combined entity.
Total Addressable Market
The total addressable market (TAM) for BurTech depends on the specific industry and sector of the company they ultimately acquire. This TAM information will be available once the acquisition target is revealed.
Financial Performance
Since they operate mainly as a shell corporation at this stage, a detailed financial performance analysis wouldn't be applicable. We can only review their IPO financials: raising $200 million through the offering. They also have reported limited expenses and no revenue to date.
Dividends and Shareholder Returns
As a recent SPAC, BurTech does not currently pay dividends and has not generated any returns for shareholders yet. It's important to note that the primary return for SPAC investors is expected to arrive after the acquisition is completed and the business begins operations.
Growth Trajectory
BurTech's future growth heavily hinges on the success of its acquisition target. As a SPAC, a significant portion of their growth potential will occur following the integration of the acquired company's operations and financial performance.
Market Dynamics
The technology sector, which is BurTech's primary target, presents a dynamic and fast-paced environment. Key trends include:
- Cloud computing and software-as-a-service (SaaS) adoption
- Artificial intelligence (AI) and machine learning
- Cybersecurity and data privacy
- Internet of Things (IoT) and connected devices
BurTech's adaptability to these trends will be crucial for the success of their chosen acquisition in the long term.
Competitors
Current SPACs competing with BurTech for acquisition opportunities include:
- GigCapital (GIX)
- Gores Holdings (GOCO)
- Churchill Capital Corp. (CCIV)
These SPACs compete for similar targets but may have specific industry or technology focuses that differentiate them.
Potential Challenges and Opportunities
Challenges
- Identifying and negotiating a suitable acquisition target within the limited timeframe.
- Integrating the acquired company's operations successfully.
- Navigating a volatile market and potential industry disruptions.
Opportunities
- Capitalizing on the growth potential of the tech sector.
- Leveraging the expertise of their leadership team to identify opportunities.
- Building a profitable and long-term business through a successful acquisition.
Recent Acquisitions
As of November 2023, BurTech Acquisition Corp. has not announced any completed acquisitions.
AI-Based Fundamental Rating
Without access to financial statements and operational data related to a specific acquisition target, accurately generating an AI-based fundamental rating for BurTech Acquisition Corp. is currently impossible. However, once an acquisition is completed, AI-driven analysis can be applied to evaluate the overall financial health, market position, and growth potential to arrive at a comprehensive rating and provide valuable insights regarding investment decisions.
Sources and Disclaimers
Information for this summary was gathered from the following sources:
- BurTech Acquisition Corp. website: https://burtechac.com/
- Company filings with the Securities and Exchange Commission (SEC)
- Financial news and market analysis
This information is provided for education and informational purposes only and should not be considered professional financial advice. It is essential to research and consult with qualified financial professionals before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About BurTech Acquisition Corp
Exchange | NASDAQ | Headquaters | Washington, DC, United States |
IPO Launch date | 2022-01-31 | Chairman & CEO | Mr. Shahal M. Khan |
Sector | Financial Services | Website | https://www.burtechacq.us |
Industry | Shell Companies | Full time employees | - |
Headquaters | Washington, DC, United States | ||
Chairman & CEO | Mr. Shahal M. Khan | ||
Website | https://www.burtechacq.us | ||
Website | https://www.burtechacq.us | ||
Full time employees | - |
BurTech Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for target in the retail, lifestyle, hospitality, technology, and real estate markets. Burtech Acquisition Corp. was incorporated in 2021 and is based in Washington, District of Columbia. BurTech Acquisition Corp. operates as a subsidiary of BurTech LP LLC.
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