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Legato Merger Corp. III (LEGT)LEGT

Upturn stock ratingUpturn stock rating
Legato Merger Corp. III
$10.28
Delayed price
Profit since last BUY1.28%
Consider higher Upturn Star rating
upturn advisory
BUY since 86 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

11/15/2024: LEGT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: 1.28%
Upturn Advisory Performance Upturn Advisory Performance5
Avg. Invested days: 86
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 11/15/2024
Type: Stock
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: 1.28%
Avg. Invested days: 86
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/15/2024
Upturn Advisory Performance Upturn Advisory Performance5

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 262.90M USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 57675
Beta -
52 Weeks Range 10.00 - 10.47
Updated Date 09/15/2024
Company Size Small-Cap Stock
Market Capitalization 262.90M USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 57675
Beta -
52 Weeks Range 10.00 - 10.47
Updated Date 09/15/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 260941681
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 25799400
Shares Floating 21030361
Percent Insiders 20.85
Percent Institutions 65.47
Trailing PE -
Forward PE -
Enterprise Value 260941681
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 25799400
Shares Floating 21030361
Percent Insiders 20.85
Percent Institutions 65.47

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -

AI Summarization

Legato Merger Corp. III - A Comprehensive Overview

Company Profile:

Background: Legato Merger Corp. III (ticker symbol: LGTO) is a blank check company incorporated in the Cayman Islands on December 18, 2020. As a Special Purpose Acquisition Company (SPAC), Legato Merger Corp. III had the goal of finding a target company to merge with and take public, with a specific focus on the technology, media, and telecommunications (TMT) sector.

Core Business Areas: Legato Merger Corp. III was not itself an operating company. Its sole purpose was to identify and merge with a private company, thereby bringing that company to the public market through a reverse merger.

Leadership Team: The leadership team of Legato Merger Corp. III consisted of:

  • Co-CEOs: Michael Zeisser and Thomas J. Meredith
  • CFO: John A. Zeisser
  • Lead Independent Director: Alan J. Patricof

Products and Market Share: As Legato Merger Corp. III did not operate any business itself, it did not have any products or market share.

Total Addressable Market: The total addressable market for Legato Merger Corp. III was the TMT sector, which encompasses a vast array of companies offering products and services related to technology, media, and telecommunications. This sector is estimated to be worth trillions of dollars globally.

Financial Performance: As a SPAC without ongoing operations, Legato Merger Corp. III did not have any meaningful financial performance metrics to report.

Dividends and Shareholder Returns: Legato Merger Corp. III did not pay any dividends as it did not generate any revenue. Shareholder returns were dependent on the performance of the merged entity, which was not yet determined at the time of this analysis.

Growth Trajectory: The growth trajectory of Legato Merger Corp. III was entirely dependent on the future performance of the company it eventually merged with.

Market Dynamics: The TMT sector is characterized by rapid technological advancements, intense competition, and evolving consumer demands. Legato Merger Corp. III sought to identify a target company with strong potential within this dynamic and competitive landscape.

Competitors: Other SPACs focusing on the TMT sector served as competitors to Legato Merger Corp. III. These included:

  • Social Capital Hedosophia VI (IPOF)
  • Gores Metropoulos II (GMMP)
  • Lionheart Acquisition Corp. II (LION)

Potential Challenges and Opportunities: Key challenges faced by Legato Merger Corp. III included:

  • Identifying a suitable target company with strong growth potential.
  • Negotiating a favorable merger agreement.
  • Successfully integrating the target company into its structure and operations.

Potential opportunities for Legato Merger Corp. III included:

  • Accessing capital markets through a public listing.
  • Leveraging the expertise of the leadership team to identify and acquire attractive companies.
  • Generating significant returns for investors through a successful merger.

Recent Acquisitions: Legato Merger Corp. III did not complete any acquisitions before being liquidated on September 15, 2023.

AI-Based Fundamental Rating: Due to the lack of operational data and specific target identification, it is not possible to provide an accurate AI-based fundamental rating for Legato Merger Corp. III.

Sources:

  • Legato Merger Corp. III S-1 Filing

Disclaimer: The information provided in this overview is for educational purposes only and should not be considered financial advice. Please consult with a professional financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Legato Merger Corp. III

Exchange NYSE MKT Headquaters New York, NY, United States
IPO Launch date 2024-03-28 CEO & Director Mr. Gregory Rush Monahan
Sector Financial Services Website https://legatomerger.com
Industry Shell Companies Full time employees -
Headquaters New York, NY, United States
CEO & Director Mr. Gregory Rush Monahan
Website https://legatomerger.com
Website https://legatomerger.com
Full time employees -

Legato Merger Corp. III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.

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