ZAGG Inc. designs, produces, and distributes mobile accessory solutions. It offers solutions, such as screen protection, keyboards for tablet computers and mobile devices, keyboard cases, earbuds, mobile power solutions, cables, and cases under the ZAGG and InvisibleShield brands. It sells its products through indirect channels, including big box retailers, domestic and international distributors, independent Apple retailers, university bookstores, and small independently owned consumer electronics stores, as well as directly to consumers on its Websites at ZAGG.com and iFrogz.com. In addition, the company sells its products to franchisees that operate kiosks and ZAGG branded stores in shopping malls and retail centers. ZAGG Inc is based in Salt Lake City, Utah.
ZAGG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for ZAGG Inc. To summarize, we found that ZAGG Inc ranked in the 43th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for ZAGG, they are:
The company's debt burden, as measured by earnings divided by interest payments, is -11.56; that's higher than only 8.85% of US stocks in the Consumer Cyclical sector that have positive free cash flow.
56% of the company's capital comes from equity, which is greater than merely 24.69% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ZAGG, try SIRI, CMCSA, LBTYA, ALSN, and ESCA.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of ZAGG Inc (NasdaqGS: ZAGG) to a buyer group led by Evercel, Inc. Under the terms of the proposed transaction, shareholders of ZAGG will receive only $4.20 in cash and an additional contingent amount of up to $0.25 per share (subject to certain terms and conditions) for each share of ZAGG that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to ATN International, Inc. for $3.40 per share in cash. If you are an Alaska Communications shareholder, click here to learn more about your rights and options.SMTC Corporation (NASDAQ: SMTX) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to an affiliate of H.I.G. Capital for $6.044 per share in cash. If you are a SMTC shareholder, click here to learn more about your rights and options.ZAGG ...
Havana The Gear4 Havana case incorporates D3O into the top, bottom, and corners – the most critical areas – to protect against drops and impact forces Crystal Palace The Gear4 Crystal Palace case provides perfectly clear impact protection so the device can make its own impact Copenhagen The Copenhagen case is Gear4’s most environmentally sustainable case to reduce the use of fossil-based resources Denali With the Gear4 Denali case, users receive uncompromising impact protection in a case that is slim and lightweightSALT LAKE CITY, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Gear4®, a ZAGG Brands (NASDAQ:ZAGG) company, today announced four new protective cases for the Samsung Galaxy® S21, Galaxy S21+, and Galaxy S21 Ultra. The lineup includes the all-new Copenhagen, the first Gear4 case manufactur...
GlassFusion VisionGuard+ with D3O GlassFusion VisionGuard+ with D3O is a hybrid screen protector that is engineered to be unbreakable and features an Eyesafe® technology layer that blocks HEV blue light without distorting the color performance of the smartphone screen. GlassFusion+ with D3O GlassFusion+ with D3O is a hybrid screen protector that provides users with complete edge-to-edge protection while preserving the touch sensitivity of the device screen. SALT LAKE CITY, Jan. 14, 2021 (GLOBE NEWSWIRE) -- InvisibleShield®, a ZAGG Brands (NASDAQ:ZAGG) company and the leading global innovator in screen protection, today announced GlassFusion VisionGuard+ with D3O® and GlassFusion+ with D3O for the Samsung Galaxy® S21, Galaxy S21+, and Galaxy S21 Ultra smartphones. These new screen protec...