IWM - Perma-Fix: Hanford Site Cleanup Offers Enormous Tailwind
2023-03-27 04:33:23 ET
Summary
- Perma-Fix has more than tripled off its 52-week low, but I believe the stock could triple again.
- The company’s core business has recovered from Covid and is projected to be profitable again by 2Q23.
- PESI has multiple material opportunities on deck in both its service and treatment segments.
- Add to this the Hanford secondary waste the DOE assigned PESI to treat, which by itself nearly doubles the company’s revenue and leads to an estimated $3.00/share EPS for at least a decade.
- Even more, Hanford opportunities are likely, including massive revenue from the Test Bed Initiative and Integrated Tank Disposition Contract.
For further details see:
Perma-Fix: Hanford Site Cleanup Offers Enormous Tailwind