At AU$10.03, Is It Time To Put Audinate Group Limited (ASX:AD8) On Your Watch List?

July 13, 2021

While Audinate Group Limited (ASX:AD8) might not be the most widely known stock at the moment, it saw a significant share price rise of over 20% in the past couple of months on the ASX. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, what if the stock is still a bargain? Let’s examine Audinate Group’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.

See our latest analysis for Audinate Group

What is Audinate Group worth?

What kind of growth will Audinate Group generate?

earnings-and-revenue-growth — ASX:AD8 Earnings and Revenue Growth July 13th 2021

Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. With profit expected to grow by 59% over the next year, the near-term future seems bright for Audinate Group. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

What this means for you:

If you'd like to know more about Audinate Group as a business, it's important to be aware of any risks it's facing. For example - Audinate Group has 2 warning signs we think you should be aware of.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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