M&A stock targets: quantitative screener picks and analyst watchlist names
Investing.com reports on two approaches to identifying potential acquisition targets: a quantitative screener and live analyst intelligence. The screener focuses on US mid-cap companies ($2B-$30B market cap) with a price-to-earnings ratio under 20, free cash flow yield above 5%, low leverage, and price-to-book ratio under 3. Sorted by fair value upside, the screener highlights potential targets.
Truist's refreshed M&A Candidate Lists across software coverage indicate where deal activity is heading. Common characteristics of these targets include high recurring revenue, sticky workflows, and AI-roadmap optionality.
The article mentions two notable targets on the Workday–Silver Lake talks list (B List): Tokio Marine Holdings and Australian insurers Insurance Australia Group and Suncorp. Tokio Marine Holdings, backed by a cooperation agreement with Berkshire, is reportedly considering acquisitions of Australian insurers Insurance Australia Group and Suncorp. While no formal approach has been made yet, the Berkshire angle adds credibility to the potential deal.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
