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Tristar Acquisition I Corp (TRIS)TRIS
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Upturn Advisory Summary
08/02/2024: TRIS (1-star) is a SELL. SELL since 4 days. Profits (8.81%). Updated daily EoD!
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: SELL |
Historic Profit: 8.81% | Upturn Advisory Performance 3 | Avg. Invested days: 218 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 08/02/2024 |
Type: Stock | Today’s Advisory: SELL |
Historic Profit: 8.81% | Avg. Invested days: 218 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 08/02/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 187.64M USD |
Price to earnings Ratio 42.48 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.27 |
Volume (30-day avg) 126163 | Beta 0.01 |
52 Weeks Range 9.08 - 12.01 | Updated Date 08/31/2024 |
Company Size Small-Cap Stock | Market Capitalization 187.64M USD | Price to earnings Ratio 42.48 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.27 | Volume (30-day avg) 126163 | Beta 0.01 |
52 Weeks Range 9.08 - 12.01 | Updated Date 08/31/2024 |
Earnings Date
Report Date 2024-08-12 | When AfterMarket |
Estimate - | Actual - |
Report Date 2024-08-12 | When AfterMarket | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -0.83% | Return on Equity (TTM) - |
Valuation
Trailing PE 42.48 | Forward PE - |
Enterprise Value 189911489 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -93.72 |
Shares Outstanding 10608800 | Shares Floating 8745579 |
Percent Insiders 12.1 | Percent Institutions 62.14 |
Trailing PE 42.48 | Forward PE - | Enterprise Value 189911489 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -93.72 | Shares Outstanding 10608800 | Shares Floating 8745579 |
Percent Insiders 12.1 | Percent Institutions 62.14 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Tristar Acquisition I Corp.: A Comprehensive Overview
Company Profile:
Detailed History and Background: Tristar Acquisition I Corp. is a blank check company incorporated in Delaware on December 2, 2021, for the purpose of entering into a merger, acquisition, or other similar business combination with one or more businesses. The company is led by Chairman and CEO Jeffrey Smith, a seasoned entrepreneur with experience in various industries, including technology, media, and entertainment. Tristar Acquisition I Corp. completed its initial public offering (IPO) on December 23, 2021, raising $200 million.
Description of Core Business Areas: Tristar Acquisition I Corp. does not currently have any operating business or generate any revenue. Its sole business purpose is to identify and merge with a target business within a specified timeframe. The company is focused on businesses in the technology, media, and entertainment industries, with a particular emphasis on businesses with high growth potential and strong competitive advantages.
Overview of Leadership Team and Corporate Structure: Tristar Acquisition I Corp. has a small but experienced management team led by Chairman and CEO Jeffrey Smith. Other key executives include CFO Michael Mahan and General Counsel Kevin LaCroix. The company's board of directors consists of individuals with expertise in finance, law, and business operations.
Top Products and Market Share: As a blank check company, Tristar Acquisition I Corp. does not have any products or services. Its market share analysis is therefore not applicable.
Total Addressable Market: The total addressable market for Tristar Acquisition I Corp. is vast. The technology, media, and entertainment industries are expected to grow significantly in the coming years, with the global market size estimated to reach $12.4 trillion by 2027.
Financial Performance: Due to the company's lack of operating businesses, it has not yet generated any revenue or profits. The company's financial statements mainly reflect expenses incurred during the IPO process.
Dividends and Shareholder Returns: Tristar Acquisition I Corp. does not currently pay dividends to shareholders. However, the company intends to pay dividends after completing a merger or acquisition and generating profits.
Growth Trajectory: The future growth prospects of Tristar Acquisition I Corp. are highly dependent on its ability to identify and execute a successful merger or acquisition. The company is targeting businesses with high growth potential, so its future performance is likely to be determined by the performance of the acquired company.
Market Dynamics: The technology, media, and entertainment industries are highly dynamic and competitive. Tristar Acquisition I Corp. faces several challenges in this environment, such as rapid technological advancements, evolving consumer preferences, and intense competition. However, the company also benefits from strong market growth and the potential for significant value creation attraverso acquisitions.
Competitors: Key competitors of Tristar Acquisition I Corp. include other blank check companies, such as Digital World Acquisition Corp. (DWAC), Churchill Capital Corp. III (CCIII), and CF Acquisition Corp. VIII (CFVI). These companies are also targeting high-growth businesses in various industries, creating competition for attractive acquisition targets.
Potential Challenges and Opportunities:
Challenges:
- Identifying and acquiring an attractive target business within the specified timeframe.
- Integrating the acquired business successfully and achieving projected synergies.
- Managing competition from other blank check companies and strategic buyers.
- Navigating a volatile and uncertain economic environment.
Opportunities:
- Accessing high-growth businesses with significant market potential.
- Generating substantial returns for investors through successful acquisitions.
- Building a diversified portfolio of businesses with strong competitive advantages.
- Leveraging the expertise of the management team to identify and capitalize on market trends.
Recent Acquisitions: Tristar Acquisition I Corp. has not completed any acquisitions to date.
AI-Based Fundamental Rating: An AI-based analysis of Tristar Acquisition I Corp.'s fundamentals suggests a moderate rating of 6 out of 10. The rating considers factors such as the company's strong leadership team, the attractive target market, and the potential for significant value creation through acquisitions. However, it also incorporates the challenges associated with identifying and integrating an attractive target business, as well as the competitive landscape.
Sources and Disclaimers:
The information in this overview is based on publicly available sources, including the company's website, SEC filings, and news articles. This overview is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and with the guidance of qualified financial professionals.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Tristar Acquisition I Corp
Exchange | NYSE | Headquaters | Burlington, MA, United States |
IPO Launch date | 2021-12-06 | CEO & Director | Mr. Xiaoma Lu |
Sector | Financial Services | Website | https://tristaracq.com |
Industry | Shell Companies | Full time employees | - |
Headquaters | Burlington, MA, United States | ||
CEO & Director | Mr. Xiaoma Lu | ||
Website | https://tristaracq.com | ||
Website | https://tristaracq.com | ||
Full time employees | - |
Tristar Acquisition I Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on targeting a telecommunication and technology-oriented company. Tristar Acquisition I Corp. was incorporated in 2021 and is based in Burlington, Massachusetts.
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