PLAN

Anaplan Inc

TMT


Presented:09/17/2021
Price:$65.67
Cap:$9.60B
Current Price:$63.73
Cap:$9.59B

Presented

Date09/17/2021
Price$65.67
Market Cap$9.60B
Ent Value$8.06B
P/E RatioN/A
Book Value$1.79
Div Yield0%
Shares O/S146.18M
Ave Daily Vol1,657,161
Short Int5.89%

Current

Price$63.73
Market Cap$9.59B
Anaplan, Inc. engages in the provision of cloud-based connected planning platform that connects organizations and people for decision making. It also offers professional services, including consulting, implementation and training. The company was founded by Michael Gould, John David Guy Haddleton and Sue Haddleton in 2006 and is headquartered in San Francisco, CA.

Publicly traded companies mentioned herein: Anaplan Inc (PLAN), Coupa Software Inc (COUP), Microsoft Corp (MSFT), NIKE Inc (NKE) 

Highlights

The presenter is long shares of Anaplan Inc (PLAN), which looks to have been ignored by long-only investors due to past leadership issues, and now has the opportunity to grow revenues 30%+ for the foreseeable future as its connected planning software product expands its use cases (FP&A, supply chain, etc.) in various verticals. The stock currently trades at $65 per share (13x next year’s consensus sales estimate), and he expects appreciation to $90 - $100 per share (15x EV/Sales) as PLAN continues to execute.

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Idea Discussion

Commentor 1 - 2 weeks ago

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