Posts Tagged ‘Stifel’

GTAT – Stifel analyst report highlights

Posted: May 29, 2014 by mattmargolis24 in Uncategorized
Tags: ,

“There is no exclusivity between GT to Apple with regard to Hyperion Output”

GT’s focus on sapphire foil production and lamination has a path to mobile applications in our view

Current estimates are now $678m 2014, 1,332m in 2015 and 2,069m in 2016. EPS estimates $0.07 in 2014, $0.65 in 2015 and $1.64 in 2016.

The firm maintains a $20 PT on shares of GTAT

Key call outs

Merlin % of revenue : 2% in 2015 and 5% in 2016.

Hyperion % of revenue: 1% in 2015 and 4% in 2016.

Sapphire Materials % of revenue: 55% in 2014, 74% in 2015 and 49% in 2016.

ASF Furnaces % of revenue: 28% in 2014, 10% in 2015 and 8% in 2016.

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