Higher levels: iSentia Group Ltd (ASX: ISD) rose over 3.4% on May 10, 2016 due to its positive Macquarie Australia conference update on May 05, 2016. The group even issued a favorable guidance and forecasts a FY16 revenue in the range of $155 million to $158 million which is an increase of 22% to 24% as compared to FY15. FY16 EBITDA is expected to be in the range of $50m to $53m which is a rise of 18% to 25% against FY15. On the other hand, we believe that the stock is trading at a relative higher P/E.
Recommendation: We maintain our “Expensive” recommendation on the stock at the current price of $3.66