Datrix S.p.A., the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Marco Vitale from Mediobanca maintained a Buy rating on the stock and has a €2.00 price target.
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Marco Vitale has given his Buy rating due to a combination of factors, primarily focusing on Datrix S.p.A.’s strategic refocusing efforts and profitability improvements. The company has shown a substantial improvement in profitability, with an adjusted EBITDA of €1.0 million, reflecting an 11.4% margin, despite a softer organic growth trajectory. This improvement is supported by a shift towards a higher-margin business mix and effective cost optimization.
Additionally, Datrix’s management is concentrating on expanding AI-based industrial solutions and repositioning its US MarTech segment, which is expected to drive future growth. Although the top-line growth is anticipated to be moderate in the short term, the long-term outlook remains positive with expectations of mid-teens revenue growth in the coming years. The strategic initiatives in the US market are projected to enhance profitability, with the EBITDA margin expected to reach 18.0% by FY27. These factors, along with the current valuation of the shares, underpin Marco Vitale’s Buy rating for Datrix S.p.A.
DATA’s price has also changed moderately for the past six months – from EUR1.255 to EUR1.690, which is a 34.66% increase.