CART ATHCART has just made a new ATH today, however, volume was not present.
Ideally we want to see this price holding and volume coming in for a push higher
Cart
A Deeply Undervalued Play in Retail Tech Space (NASDAQ: AZ)A2Z Cust2Mate Solutions Corp, (NASDAQ: AZ) a cutting-edge retail technology company, is poised to redefine the shopping experience with its advanced smart cart technology. Operating in a market that is rapidly transitioning from traditional checkout systems to more sophisticated, data-driven tools, A2Z Cust2Mate finds itself at the forefront of this technological revolution.
However, despite its robust prospects and impressive offerings, the company’s share price remains depressed, largely due to a lack of visibility among investors. As the market becomes more familiar with A2Z’s unique value proposition, there’s potential for a significant re-rating of its stock, which is currently deeply undervalued.
The retail technology sector is undergoing a major shift, with the global market for smart retail systems projected to experience substantial growth in the coming years.
As traditional self-checkout systems face increasing scrutiny due to inefficiencies and security concerns, smart cart technology is emerging as a viable and attractive alternative for retailers.
A2Z Cust2Mate’s smart carts offer a seamless shopping experience that combines real-time item recognition, personalized promotions, and automatic checkout capabilities—positioning the company as a key player in the evolution of the retail industry.
Globally, the demand for smarter retail solutions has been driven by the need for enhanced customer experiences and improved operational efficiencies.
Retailers are investing in technologies that can reduce shrinkage (theft) and optimize in-store experiences. A2Z’s smart carts not only solve these pain points but also provide retailers with valuable data insights that can be leveraged for targeted advertising and better customer engagement.
Peer Valuation
A2Z Cust2Mate is currently trading at a significant discount compared to its peers in the retail technology space. Companies like Standard Cognition and Tracxpoint, which operate in similar sectors, have garnered valuations exceeding $1 billion.
Meanwhile, A2Z’s current market capitalisation stands at around $45 million, a stark contrast that highlights the company’s deep undervaluation. Competitors like Caper, which was acquired by Instacart at an approximate 35x revenue multiple, further emphasize how much upside potential A2Z could have if properly valued.
The primary reason for A2Z Cust2Mate’s undervalued stock price is a lack of visibility and awareness among investors. While the company has secured notable contracts and developed a highly innovative product, its achievements have flown under the radar.
This lack of recognition in the market has led to a disconnect between the company’s intrinsic value and its current share price. Furthermore, the challenges posed by the broader market, such as delays due to geopolitical events and operational hurdles, have weighed on investor sentiment.
However, as A2Z continues to execute on its growth strategy, especially with the upcoming release of its cost-effective third-generation smart carts, visibility is likely to improve. The company’s ability to secure larger, long-term contracts will serve as key catalysts for investor interest, helping to close the valuation gap.
With a peer group that commands significantly higher valuations and a proven track record of securing contracts with major retailers, A2Z presents a compelling investment opportunity. As visibility increases and the company continues to deliver on its promises, there is considerable potential for the stock to re-rate to its true value. At a current price of around $0.86 per share, A2Z offers a significant upside, with a target price of $3.00 reflecting the company’s long-term growth prospects. For investors seeking exposure to innovative retail technology, A2Z Cust2Mate is a stock worth watching.
Job Cuts & Initiatives Signal CART's Response to Sluggish GrowthInstacart ( NASDAQ:CART ), the industry giant, announced plans to trim its workforce by 7%, signaling a strategic pivot amidst faltering sales growth. The decision, impacting 250 jobs, underscores the company's commitment to refocusing on what it deems as "promising" ventures while navigating the challenges posed by an uncertain economic climate.
The aftermath of this announcement saw Instacart's ( NASDAQ:CART ) shares take a nosedive, plunging by approximately 10% during extended trading. This decline follows the company's fourth-quarter revenue falling short of expectations, a development indicative of the broader struggles facing the grocery delivery sector in the wake of the pandemic-induced surge.
CEO Fidji Simo articulated the rationale behind the workforce reduction, highlighting the necessity to streamline operations and concentrate efforts on initiatives poised to catalyze long-term transformation within the company and the industry at large.
Instacart's ( NASDAQ:CART ) strategic realignment also encompasses ambitious financial targets for the upcoming quarter. With forecasts projecting first-quarter gross transaction value and core profits surpassing analysts' estimates, the company is positioning itself to weather the storm of market volatility. Notably, anticipated adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) signal a robust outlook, outstripping analyst projections and instilling confidence in the company's resilience.
Furthermore, Instacart's ( NASDAQ:CART ) commitment to shareholder value is underscored by its authorization of an additional $500 million share repurchase program. This move, complementing a previously announced buyback initiative, demonstrates management's confidence in the company's trajectory and underscores its proactive approach to capital allocation.
However, amidst these strategic maneuvers, Instacart's ( NASDAQ:CART ) fourth-quarter financial performance reveals a nuanced narrative. While total revenue experienced a modest 6% uptick, it fell short of market expectations, signaling a deceleration in growth following the pandemic-induced boom. This slowdown underscores the formidable challenges confronting Instacart as it seeks to navigate a rapidly evolving landscape characterized by shifting consumer behaviors and intensifying competition.
As Instacart ( NASDAQ:CART ) recalibrates its strategy to adapt to changing market dynamics, the company finds itself at a critical juncture. The decision to streamline operations through workforce reductions and the pursuit of promising initiatives underscores management's proactive stance in charting a course towards sustainable growth.
Instacart's ability to pivot swiftly and strategically will be paramount in securing its position as a leader in the grocery delivery industry. As the company charts its path forward, stakeholders will undoubtedly monitor developments closely, poised to assess the efficacy of Instacart's ( NASDAQ:CART ) strategic gambit in navigating the choppy waters ahead.
instacart CART to 40-80 in 5 years based on analystswatching cart post IPO.
came out at 30, hit 40s, and fizzled.
Now CART sports a new 5% earnings yield, and so does the sp500.
CART is expecting 15% growth, while sp only hints 10% (best case).
here are analyst earnings expectations.
2023 2028 eps
1.24 1.56 1.91 2.27 2.62 2.95
if 2028 eps of 2.95 per share comes true, what should cart be worth.
15 pe? 30 pe?
thats a 30- 90 range.
how about in the next bubble? who knows.
META stank after its ipo and then it caught interest at some level.
CART would be a value steal at 8-10 pe and 15 ish price.
But maybe it hold heres for now.
Hope you find this type of dialogue useful. CHeers!
