BALTIMORE, MD -- September 25, 2019 -- InvestorsHub NewsWire -- via Goldman Small Cap Research -- Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has released a new research update on emerging cybersecurity provider LandStar, Inc. (OTC PINK:LDSR), highlighting recent events and potential future share price valuations. To read this update, listen to/view recent LandStar podcasts, reports and updates, along with disclosures and disclaimers, or to download them in their entirety, please visit http://www.goldmanresearch.com.
In the Goldman Small Cap Research Opportunity Research Update, analyst Rob Goldman offers key insights into valuations for the Company and its peer group.
Goldman noted, "This innovative, acquisitive company has a broad, synergistic and highly rated product portfolio that is primed to take advantage of global spending on cybersecurity products and services which is expected to exceed $1 trillion cumulatively over the next five years."
"The accretive Data Express acquisition is a major revenue booster as there is tremendous synergy between the Company's ClassiDocs, ARALOC, ArcMail and Data Express platforms. The Company is one of the world's leading vendors for secure sensitive data transfer for hybrid cloud. Plus, LDSR is not finished yet as the Company is close to securing another transaction of a firm generating $2.5M+ in annual sales and should be closed by year-end. This entity could account for as much as one-third of 2020 revenue and may enable LDSR to record operating profit next year."
"Our peer analysis illustrates that on a go-forward basis, each $2M in revenue provides $14M in value to SaaS information security companies such as LDSR. Trading at a considerable discount to its peers, LDSR's current valuation should be substantially greater than the present low price and will only increase as revenue grows. We forecast a jump in top-line from $2.2M in 2019 to $6.5M in 2020 and if additional acquisitions are closed, LDSR could achieve a year-end annual revenue run rate of $20M in 2020," concluded Goldman.
"Conclusion:On the heels of its recent acquisitions, contracts, and a flurry of customer renewals, we reiterate our Speculative Buy rating. Our adjusted price target reflects an increase of nearly 7x current share price levels. The stock has been oversold in an environment in which its peers are raising top-line estimates and enjoying outsized valuations. We envision the same for LDSR."
Goldman Small Cap Research has recently published reports on Alternet Systems, Inc. (ALYI), Kali-Extracts, Inc. (KALY) and Asia Broadband (AABB).
About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.
Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
This press release contains excerpts of our most recently published sponsored company research report on LandStar, Inc. which carries a rating and a price target. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from LandStar, Inc. ("the Company") authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
Separate from the factual content of our report about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.
A Goldman Small Cap Research report, update, newsletter, article, trading alert, corporate profile, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other regulatory agency. To download this research report or any of our research, view our disclosures and disclaimers, or for more information, visit www.goldmanresearch.com. Goldman Small Cap Research was compensated a total of $6000 by the Company for research and distribution services, including a podcast interview in October 2018 and February 2019. GSCR was compensated by a third party in the amount of $1500 for this research update and press release.
About LandStar, Inc.: LandStar, Inc. (OTC PINK:LDSR), through its wholly owned subsidiary Data443™ Risk Mitigation, Inc., enables secure data - across local devices, network, cloud, and databases - at rest and in flight. ClassiDocs™, the company's award-winning data classification and governance technology, provides GDPR compliance and DSAR management coupled with DLP, CASB, SIEM, and cloud solutions to provide user-enabled, governance-enabled, up-to-date security for every data point, every time. The WordPress-based GDPR Framework enables organizations of all sizes to comply with the GDPR and other privacy frameworks. ClassiDocs™ for Blockchain provides an active implementation for blockchain transactions from inadvertent disclosure and data leaks.
For more information, please visit: www.Data443.com
Goldman Small Cap Research
Rob Goldman, Analyst
SOURCE: Goldman Small Cap Research