Introduction
In this article, I explain the reasons why Waitr Holdings (WTRH) is a Strong Buy and briefly review the short history from the 2018 IPO until today. A number of valuations are explored by comparing a number of multiples to peers in the industry. An alignment of EV/Revenue multiple, produces a conservative price target of $7.8. On the other end of the spectrum, 40x annualised EBITDA from the last quarter produces an optimistic price target of $16. Valuation against revenue multiples is also explored producing roughly an $11 target share price. Moreover, recent developments