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RMD

It has been about a month since the last earnings report for ResMed (RMD). Shares have lost about 1.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is ResMed due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.ResMed Q2 Earnings Beat Estimates, Margins ExpandResMed adjusted earnings per share for the second quarter of fiscal 2024 were $1.88, up 13.3% year over year. The metric beat the Zacks Consensus Estimate by 3.9%.The adjustments include certain non-recurring expenses/benefits like the amortization of acquired intangibles, restructuring and masks with magnets field safety notification expenses, among others.GAAP EPS in the reported quarter was $1.42, down 7.2% from the year-ago quarter.RevenuesOn a reported basis, fiscal second-quarter revenues increased 12% year over year (up 11% at constant exchange rate or CER) to $1.16 billion. The figure matched the Zacks Consensus Estimate.A Closer View of the Q2 Top LineTotal Sleep and Respiratory Care revenues improved 11% (up 10% at CER) from the prior-year period to $1.02 billion.Total Sleep and Respiratory Care revenues in Europe, Asia and other markets rose 16% on a reported basis (up 12% at CER) to $348.5 million.In the United States, Canada and Latin America, total Sleep and Respiratory Care revenues were $669.3 million, up 9% year over year.Global Revenues comprised Total Devices revenues of $606 million, up 12% (11% at CER), and Total Masks and other revenues of $411.9 million, up 10% (up 9% at CER), all on a year-over-year basis.Software-as-a-Service (SaaS) revenues grew 24% year over year to $144.9 million.MarginsThe adjusted gross profit in the quarter under review rose 12.7% to $661.5 million despite a 12.2% uptick in the adjusted cost of sales (excluding the amortization of acquired intangibles, masks with magnets field safety notification expenses and Astral field safety notification expenses).Story continuesAdjusted gross margin for the fiscal second quarter was 56.9%, reflecting an expansion of 11 basis points (bps) on lower freight costs, increase in average selling prices and favorable foreign currency movements.SG&A expenses rose 4.9% year over year to $222.2 million. R&D expenses increased 5.7% to $73.9 million.The adjusted operating income was $365.5 million in the quarter under discussion, up 19.7% from the year-ago quarter. The adjusted operating margin expanded 188 bps year over year to 31.4%.Financial UpdatesResMed exited the second quarter of fiscal 2024 with cash and cash equivalents of $210.2 million compared with $209.1 million at the end of the fiscal first quarter. Total debt (short and long-term) at the end of the fiscal second quarter was $1.26 billion compared with $1.36 billion at the end of the fiscal first quarter.The cumulative net cash provided by operating activities at the end of the fiscal second quarter was $559.1 million compared with $173.3 million in the year-ago period. The company paid out $70.7 million in dividends in the fiscal second quarter.How Have Estimates Been Moving Since Then?It turns out, estimates revision have trended upward during the past month.VGM ScoresAt this time, ResMed has an average Growth Score of C, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, ResMed has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportResMed Inc. (RMD) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why Is ResMed (RMD) Down 1.7% Since Last Earnings Report?

https://finance.yahoo.com/news/why-resmed-rmd-down-1-163030223.html

779ddbde-1372-3e40-ba22-cbef3c469466

RMD

Director Peter Farrell has sold 23,535 shares of ResMed Inc (NYSE:RMD) on February 22, 2024, according to a recent SEC Filing. The transaction was executed at a stock price of $211.85 per share, resulting in a total sale amount of approximately $4,984,073.75.Warning! GuruFocus has detected 2 Warning Sign with RMD.ResMed Inc is a global manufacturer of cloud-connected medical devices and software solutions that diagnose, treat, and manage respiratory disorders, including sleep apnea, chronic obstructive pulmonary disease, and other chronic diseases. The company operates in over 140 countries and has a market cap of $27.07 billion.Over the past year, the insider has sold a total of 23,535 shares of ResMed Inc and has not made any purchases of the stock. The insider transaction history for ResMed Inc shows a pattern of 0 insider buys and 30 insider sells over the past year.ResMed Inc Director Peter Farrell Sells 23,535 SharesShares of ResMed Inc were trading at $211.85 on the day of the insider's recent sale, giving the company a market cap of $27.07 billion. The price-earnings ratio of the stock is 30.42, which is higher than the industry median of 27.49 but lower than the companys historical median price-earnings ratio.According to the GuruFocus Value assessment, with a stock price of $211.85 and a GF Value of $278.49, ResMed Inc has a price-to-GF-Value ratio of 0.76, indicating that the stock is Significantly Undervalued based on its GF Value.ResMed Inc Director Peter Farrell Sells 23,535 SharesThe GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

ResMed Inc Director Peter Farrell Sells 23,535 Shares

https://finance.yahoo.com/news/resmed-inc-director-peter-farrell-081024124.html

3c9dba9b-c294-307f-af5c-0ff9e2efe912

RMD

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.In contrast to all that, many investors prefer to focus on companies like ResMed (NYSE:RMD), which has not only revenues, but also profits. While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. Check out our latest analysis for ResMed How Quickly Is ResMed Increasing Earnings Per Share?If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. We can see that in the last three years ResMed grew its EPS by 7.9% per year. This may not be setting the world alight, but it does show that EPS is on the upwards trend.It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. EBIT margins for ResMed remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 20% to US$4.5b. That's encouraging news for the company!You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers.earnings-and-revenue-historyIn investing, as in life, the future matters more than the past. So why not check out this free interactive visualization of ResMed's forecast profits?Are ResMed Insiders Aligned With All Shareholders?We would not expect to see insiders owning a large percentage of a US$28b company like ResMed. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. Notably, they have an enviable stake in the company, worth US$248m. While that is a lot of skin in the game, we note this holding only totals to 0.9% of the business, which is a result of the company being so large. This should still be a great incentive for management to maximise shareholder value.Story continuesDoes ResMed Deserve A Spot On Your Watchlist?One positive for ResMed is that it is growing EPS. That's nice to see. If that's not enough on its own, there is also the rather notable levels of insider ownership. The combination definitely favoured by investors so consider keeping the company on a watchlist. What about risks? Every company has them, and we've spotted 1 warning sign for ResMed you should know about.Although ResMed certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with insider buying, then check out this handpicked selection of companies that not only boast of strong growth but have also seen recent insider buying..Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Here's Why ResMed (NYSE:RMD) Has Caught The Eye Of Investors

https://finance.yahoo.com/news/heres-why-resmed-nyse-rmd-110842107.html

a2643fd4-2790-39c6-8f62-4cd2fc44929c

RMD

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.Is This 1 Momentum Stock a Screaming Buy Right Now?Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.ResMed (RMD)ResMed, Inc. holds a major position as designer, manufacturer, as well as a distributor in the worldwide market for generators, masks, and related accessories for the treatment of sleep-disordered breathing (SDB) and other respiratory disorders. SDB includes obstructive sleep apnea (OSA) and other respiratory disorders that occur during sleep.RMD boasts a Momentum Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of ResMed has seen some interesting price action recently; the stock is up 10.9% over the past one week and up 4.8% over the past four weeks. And in the last one-year period, RMD has lost 9.2%. As for the stock's trading volume, 822,668.88 shares on average were traded over the last 20 days.A company's earnings performance is important for momentum investors as well. For fiscal 2024, two analysts revised their earnings estimate higher in the last 60 days for RMD, while the Zacks Consensus Estimate has increased $0.05 to $7.45 per share. RMD also boasts an average earnings surprise of 1.8%.Story continuesInvestors should take the time to consider RMD for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportResMed Inc. (RMD) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick

https://finance.yahoo.com/news/momentum-investor-1-stock-could-145009388.html

a408bd5b-9200-3c31-bfe3-95a879706bb7

ROK

NORTHAMPTON, MA / ACCESSWIRE / February 21, 2024 / Rockwell Automation (NYSE:ROK) has partnered with ISAP India Foundation to modernize dairy farming in the water-scarce region of Antargaon in Wardha District, Maharashtra.The initiative - "Economic and Social Development of Indian Village Through Technology-Enabled Dairy Farming" - also involved collaboration with technology implementation partner eVerse.AI to implement the corporate social responsibility (CSR) project.India has the world's largest bovine population and is a leader in milk production. However, it faces challenges such as low milk-yield per animal and insufficient quality of milk products. The decentralized structure of dairy farming in India and limited awareness about scientific veterinary practices among rural farmers contribute to these issues.By partnering with ISAP India Foundation - a not-for-profit agency engaged in leading national-level livelihood promotion and agriculture marketing consultancy - Rockwell aims to improve livelihoods of dairy farmers in one of the most water-scarce areas of India by using innovative products and services that leverage digital technologies for livestock development through scientifically-proven veterinary practices.The initiative provides a suite of services to dairy farmers, including:Supplying Internet of Things (IoT) enabled collar devices for tracking vital health parameters of dairy animals;Providing mobile phone-based alerts and advice to farmers from veterinary experts;Use of muzzle-based biometric identification system to provide digital identity to animals along with 12-digit Pashu Aadhar;Use of eVerse.AI's newly launched CowGPT platform to provide accurate insights and advisory to dairy farmers about animal health, ration balancing advisory services, fodder development activities, supply of quality animal feed, village level animal health services, dairy farming extension programs (training, demos, expert visits), market integration activities for milk sale, and the creation of additional revenue sources for families of dairy farmers utilizing animal waste products.Story continuesThe project, which began in May 2023, has already yielded promising results. In a recent field visit to Antargaon, progress was shared with local dairy farmers through an interactive session. Farmers expressed positive feedback, citing a 15-20% increase in milk production within the last six months. Milk quality has also improved, helping them to achieve higher prices and increasing household income."We are thrilled that our CSR project at Antargaon, Maharashtra, is already showing early signs of success and providing tangible benefits to local farmers, and augmenting their incomes," said Dilip Sawhney, managing director, Rockwell Automation India. "We are confident that this project will continue to help the people of Antargaon to benefit from the technology-enabled scientific management of the health and reproductive cycles of their farm animals. Projects like this will eventually lead to improved incomes and better quality of life in rural communities throughout India."Learn more about other Rockwell Automation corporate social responsibility efforts in the company's 2023 Sustainability Report.A new CSR project aims to improve the livelihoods of dairy farmers in one of the most water-scarce areas of India by using innovative products and services that leverage digital technologies.View additional multimedia and more ESG storytelling from Rockwell Automation on 3blmedia.com.Contact Info:Spokesperson: Rockwell AutomationWebsite: https://www.3blmedia.com/profiles/rockwell-automation Email: [email protected]: Rockwell AutomationView the original press release on accesswire.com

ACCESSWIRE

Modernizing Dairy Farming in India

https://finance.yahoo.com/news/modernizing-dairy-farming-india-151500207.html

d97f5005-cf84-3375-8738-6e4b93c16bf2

ROK

NEW DELHI, Feb. 22, 2024 /PRNewswire/ -- Rockwell Automation (NYSE: ROK) has partnered with ISAP India Foundation to modernize dairy farming in the water-scarce region of Antargaon in Wardha District, Maharashtra. The initiative—"Economic and Social Development of Indian Village Through Technology-Enabled Dairy Farming"—also involved collaboration with technology implementation partner eVerse.AI to implement the corporate social responsibility (CSR) project.Modernizing Dairy Farming in IndiaIndia has the world's largest bovine population and is a leader in milk production. However, it faces challenges such as low milk-yield per animal and insufficient quality of milk products. The decentralized structure of dairy farming in India and limited awareness about scientific veterinary practices among rural farmers contributes to these issues.By partnering with ISAP India Foundation—a not-for-profit agency engaged in leading national-level livelihood promotion and agriculture marketing consultancy—Rockwell aims to improve livelihoods of dairy farmers in one of the most water-scarce areas of India by using innovative products and services that leverage digital technologies for livestock development through scientifically-proven veterinary practices.The initiative provides a suite of services to dairy farmers, including:Supplying Internet of Things (IoT) enabled collar devices for tracking vital health parameters of dairy animals;Providing mobile phone based alerts and advice to farmers from veterinary experts;Use of muzzle-based biometric identification system to provide digital identity to animals along with 12-digit Pashu Aadhar;Use of eVerse.AI's newly launched CowGPT platform to provide accurate insights and advisory to dairy farmers about animal health, ration balancing advisory services, fodder development activities, supply of quality animal feed, village level animal health services, dairy farming extension programs (training, demos, expert visits), market integration activities for milk sale, and the creation of additional revenue sources for families of dairy farmers utilizing animal waste products.Story continuesThe project, which began in May 2023, has already yielded promising results. In a recent field visit to Antargaon, progress was shared with local dairy farmers through an interactive session. Farmers expressed positive feedback, citing a 15-20% increase in milk production within the last six months. Milk quality has also improved, helping them to achieve higher prices and increasing household income."We are thrilled that our CSR project at Antargaon, Maharashtra, is already showing early signs of success and providing tangible benefits to local farmers, and augmenting their incomes," said Dilip Sawhney, managing director, Rockwell Automation India. "We are confident that this project will continue to help the people of Antargaon to benefit from the technology-enabled scientific management of the health and reproductive cycles of their farm animals. Projects like this will eventually lead to improved incomes and better quality of life in rural communities throughout India."(PRNewsfoto/Rockwell Automation)CisionView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/rockwell-automation-partners-with-isap-india-foundation-to-modernize-dairy-farming-in-india-302059179.htmlSOURCE Rockwell Automation

PR Newswire

Rockwell Automation Partners with ISAP India Foundation to Modernize Dairy Farming in India

https://finance.yahoo.com/news/rockwell-automation-partners-isap-india-023500797.html

a1674291-3432-3fe2-aff5-0dd803665110

ROK

The most recent trading session ended with Rockwell Automation (ROK) standing at $294.14, reflecting a +1.02% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 1.03%. Elsewhere, the Dow saw an upswing of 0.34%, while the tech-heavy Nasdaq appreciated by 1.51%.The the stock of industrial equipment and software maker has risen by 8.24% in the past month, leading the Industrial Products sector's gain of 5.61% and the S&P 500's gain of 3.21%.Market participants will be closely following the financial results of Rockwell Automation in its upcoming release. The company's earnings per share (EPS) are projected to be $2.23, reflecting a 25.91% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2.11 billion, reflecting a 7.16% fall from the equivalent quarter last year.In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $12.36 per share and a revenue of $9.17 billion, indicating changes of +1.98% and +1.27%, respectively, from the former year.Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Rockwell Automation. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.07% rise in the Zacks Consensus EPS estimate. Rockwell Automation currently has a Zacks Rank of #3 (Hold).Story continuesInvestors should also note Rockwell Automation's current valuation metrics, including its Forward P/E ratio of 23.55. Its industry sports an average Forward P/E of 29.83, so one might conclude that Rockwell Automation is trading at a discount comparatively.It's also important to note that ROK currently trades at a PEG ratio of 2.7. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Industrial Automation and Robotics stocks are, on average, holding a PEG ratio of 7.1 based on yesterday's closing prices.The Industrial Automation and Robotics industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 89, positioning it in the top 36% of all 250+ industries.The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportRockwell Automation, Inc. (ROK) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Here's Why Rockwell Automation (ROK) Gained But Lagged the Market Today

https://finance.yahoo.com/news/heres-why-rockwell-automation-rok-230013136.html

050ff015-21a3-3c20-9bda-7489ba015e60

ROK

CUBIC Modular Switchboard and Motor Control Center (MCC) Systems Save on Maintenance Time While Enhancing Sustainability and Safety in Production EnvironmentsSINGAPORE, March 11, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced the regional availability of its CUBIC product line. CUBIC specializes in IEC-61439 compliant modular enclosure systems for the construction of power and electrical panels.Rockwell Automation Launches CUBIC across the Asia Pacific regionThe CUBIC product line serves fast-growing industries such as renewable energy, mining, data centers, chemical, Food and Beverage and infrastructure. It was previously available in a limited capacity in some Asian markets but will now be widely available across the region. The manufacturing sector is actively embracing smart transformation to progress towards a more sustainable future. A stable and reliable electrical power management system plays a crucial role in optimizing manufacturing processes and paving the way for safer, more sustainable, smart manufacturing environments.Conventional switchboards with fixed metal enclosures often integrate circuit breakers and electrical connection components within the same panelboard, where circuits are not entirely independent. During adjustments or maintenance of the switchboard, engineers risk interference with electrified circuits. This compromises safety and can lead to potential production line stoppages."CUBIC's modular switchboards can help enterprises transition from conventional power systems to a safer, more sustainable and intelligent future," said Eric Wo Asia Pacific MCC Business Manager at Rockwell Automation."The majority of industrial companies are still using traditional fixed switchboards. However, as global sustainability awareness rises these companies increasingly need to utilize IEC compliant intelligent power solutions. CUBIC's modular switchboard system can help these companies to become more productive, improve employee safety, reduce downtime and better meet emerging global expectations for sustainable manufacturing."Story continuesSwitchboards and MCC are designed to defend equipment connected to a power supply from the threat of electrical overload. They help control, protect, and isolate power systems. Modularity and standardization helps improve performance and safety in a number of ways. Some key features and benefits include:With a standardized modular design, the panel size and configuration can dynamically adjust to fit the available factory space. Compared to traditional switchboard panels, this approach can significantly save assembly time. Additionally, CUBIC's patented multi-flexible copper busbars (CU-Flex) allow for connectivity in irregularly placed cabinet positions, enabling more flexible electrical configurations along production lines.Operators can utilize CUBIC's pull-out automatic power-off feature to conduct individual panel maintenance, thereby maintaining operational efficiency on the production line. Traditional panels require users to power off all circuits before undergoing maintenance. This process can often take an hour or more for simple maintenance. However, with CUBIC, Rockwell customers have reported time savings of up to 95% on maintenance time reducing downtime from hours to minutes.Adhering to the IEC 61439 Form1-4b standard, CUBIC prioritizes the safety of both operators and equipment, helping to comply with the United Nations' Sustainable Development Goals concerning sustainable production and consumption patterns.CUBIC's flat-pack packaging significantly reduces the space required for transportation and assembly at the factory. Its tool-free assembly feature accelerates setup time, reduces the amount of packaging materials required, reduces transport costs and takes up less space on the factory floor. All of which contribute to reducing the product's carbon footprint.CUBIC's Galaxy visualization design software solution includes a 3D full-angle view feature to conduct comprehensive panel design and verification prior to build and installation.During a digital transformation project, compliance, cost of implementation, and time of establishment are common considerations for a manufacturer. By utilizing the flexible modular CUBIC switchboard system, factories can start with implementing the power system before gradually adding other more complex areas. It can be a first step towards establishing a more sustainable and secure production environment.About Rockwell AutomationRockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 29,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.About CUBICCUBIC was founded in 1973 based on a unique idea of a modular system for the construction of electrical panels. This idea has since the early start developed CUBIC into a global and recognized partner within electromechanics and with a product range that comprises any type of enclosure. CUBIC's solutions are used in industry, in mining and in airports.(PRNewsfoto/Rockwell Automation)CisionView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/rockwell-automation-launches-cubic-across-the-asia-pacific-region-302083931.htmlSOURCE Rockwell Automation

PR Newswire

Rockwell Automation Launches CUBIC across the Asia Pacific region

https://finance.yahoo.com/news/rockwell-automation-launches-cubic-across-000500555.html

d9bedc10-d6e0-37ce-8b5e-e1dd290a3809

ROL

Conestoga Capital Advisors, an asset management company, released its “Mid Cap Strategy” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. The Mid Cap Composite rose 11.00% net of fees in the fourth quarter, compared to a 14.55% return for the Russell Midcap Growth Index. Negative impacts from stock selection were outweighed by positive sector allocation effects. The Mid Cap Composite climbed 22.83% for the year vs. the benchmark’s rise of 25.87%. Four sectors accounted for the majority of the relative performance; the largest laggards were the industrial and technology sectors, while health care and energy were additive to returns. In addition, please check the fund’s top five holdings to know its best picks in 2023.Conestoga Capital Advisors Mid Cap Strategy featured stocks such as Rollins, Inc. (NYSE:ROL) in the fourth quarter 2023 investor letter. Based in Atlanta, Georgia, Rollins, Inc. (NYSE:ROL) offers pest and wildlife control services. On February 21, 2024, Rollins, Inc. (NYSE:ROL) stock closed at $41.37 per share. One-month return of Rollins, Inc. (NYSE:ROL) was -3.81%, and its shares gained 17.23% of their value over the last 52 weeks. Rollins, Inc. (NYSE:ROL) has a market capitalization of $20.018 billion.Conestoga Capital Advisors Mid Cap Strategy stated the following regarding Rollins, Inc. (NYSE:ROL) in its fourth quarter 2023 investor letter:"Rollins, Inc. (NYSE:ROL): ROL is a leader in pest control across residential and commercial markets in the United States. 3Q results continued to demonstrate its strong and differentiated business model. ROL’s revenue showed balanced growth of 8.4% and it expanded EBITDA margins by 150 basis points. Earlier in the quarter, ROL’s competitor, Rentokil, reported results that had investors concerned that the pest control market was seeing slowing growth. ROL’s strong quarterly organic growth in the residential and commercial divisions dispelled that market sentiment."Story continuesA pest control service technician spraying insecticide in a residential property.Rollins, Inc. (NYSE:ROL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. At the end of the fourth quarter, Rollins, Inc. (NYSE:ROL) was held by 37 hedge fund portfolios, down from 42 in the previous quarter, according to our database.We discussed Rollins, Inc. (NYSE:ROL) in another article and shared Conestoga Capital Advisors' views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q4 2023 page for more investor letters from hedge funds and other leading investors.Suggested Articles:Earn an Extra $500 a Week With These 20 Side HustlesTop 15 Wheat Producing Countries in the World13 Best Car Stocks To Buy Right NowDisclosure: None. This article is originally published at Insider Monkey.

Insider Monkey

Here’s Why Rollins (ROL) Rose in Q4

https://finance.yahoo.com/news/why-rollins-rol-rose-q4-060423700.html

b156a3ec-f264-3659-ab06-cbdd3044e1e2

ROL

Since 2000, pest control juggernaut Rollins (NYSE: ROL) has delivered total returns of nearly 10,000%, leaving it just shy of being a 100-bagger in under 25 years. While this feat is impressive in its own right, it is even more remarkable considering that the stock's beta never rose above 0.9 during those years.In simplest terms, beta measures how reactive a stock is to market movements, with a score below 1.0 signifying that the stock is less volatile than the overall market. Sporting a 5-year beta of just 0.64, Rollins has not only thoroughly stomped the market since 2000 but done so with less volatility, as its services are generally viewed as non-discretionary.In a sense, this combination of incredible returns and low beta allows investors to have their cake and eat it, too -- giving them market outperformance from a somewhat "boring" investment.But with all that growth in the rear-view mirror, have potential new investors already missed their chance to buy Rollins?Absolutely not.A market-leading serial acquirer in a highly fragmented industryThe parent company of the famous Orkin brand, Rollins provides pest and wildlife control to over 2 million residential and commercial customers. The company breaks out its sales through the three following service offerings:Residential (46% of total 2023 sales): This unit protects residences from pests, insects, rodents, and wildlife, and grew sales by 17% in 2023.Commercial (33%): This segment provides pest control solutions to various markets like healthcare, food service, logistics, and hotels, and its sales rose 11% last year.Termite (20%): This unit offers termite protection services for residential and commercial customers, and achieved revenue growth of 14% in 2023.Holding around an 11% share of the pest control market in the United States, according to various estimates, Rollins is a leader in its niche, alongside Rentokil Initial and its Terminix brand. Whereas the U.K.-domiciled Rentokil made a massive $6.7 billion splash to bring in Terminix and expand into the U.S., Rollins relies upon a serial acquisition strategy to capitalize on the deeply fragmented industry in America.Story continuesOperating in a U.S. pest control industry with over 20,000 peers, Rollins continuously seeks new tuck-in acquisitions to incorporate into its operations. The company has acquired hundreds of smaller players over the years -- including 24 during 2023, and five in the fourth quarter alone.Most importantly for investors, Rollins has proven masterful at integrating these acquisitions, as its outstanding cash return on invested capital (ROIC) shows.Top-tier free cash flow generationWith a cash ROIC that has averaged 34% over the last decade, Rollins far surpasses its nearest peer on its most crucial profitability metric.ROL Cash Return on Capital Invested (CROCI) (TTM) ChartMeasuring the companies' free-cash-flow (FCF) generation compared to their debt and equity, cash ROIC highlights Rollins' outsize ability to bring in FCF from the capital it deploys on mergers and acquisitions. Comparatively, Rentokil lags. Similarly, Rollins has maintained far superior cash from operations (CFO) margins than Rentokil -- along with higher CFO-per-employee figures -- demonstrating the company's best-in-class profitability.ROL Owners' Cash Profits Margin (TTM) ChartThe icing on the cake for investors is that more than 80% of Rollins' sales come from recurring revenue contracts, meaning that this cash generation is predictable and steady, providing a consistent stream of funding for new tuck-in purchases.An ideal investment for a dollar-cost averaging strategyTrading at 40 times FCF, Rollins' valuation will never be mistaken as cheap. However, this P/FCF ratio roughly equals its 10-year average of 41 -- over which time the company has delivered total returns of over 400%.ROL Price to Free Cash Flow ChartBest yet for investors, though its valuation is in line with its historical average, the company's dividend yield is 25% above its 10-year average, so passive income seekers are getting more bang for their buck today. Rollins has boosted its dividend payments by an average of 13% annually since 2013 -- including a 25% increase last year -- showing management's dedication to rewarding shareholders -- and the payout still only uses 52% of the company's FCF.Since it's a premium business trading at an above-market price, gradually building a stake in Rollins using dollar-cost averaging purchases makes sense. That spares investors from going "all-in" at a lofty valuation, but also avoids the risks of waiting for a dip in price that may not come until the stock has already doubled again.Given Rollins' combination of low beta, recurring revenue, top-tier profitability, and growing dividend payments, plus its effective long-term strategy of tuck-in acquisitions, investors would be wise to add this non-discretionary juggernaut to their portfolios and hold on forever.Should you invest $1,000 in Rollins right now?Before you buy stock in Rollins, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rollins wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.See the 10 stocks*Stock Advisor returns as of February 20, 2024Josh Kohn-Lindquist has positions in Rollins. The Motley Fool has positions in and recommends Rollins. The Motley Fool has a disclosure policy.1 Magnificent S&P 500 Dividend Stock Up 9,770% Since 2000 to Buy Right Now was originally published by The Motley Fool

Motley Fool

1 Magnificent S&P 500 Dividend Stock Up 9,770% Since 2000 to Buy Right Now

https://finance.yahoo.com/news/1-magnificent-p-500-dividend-214700051.html

93843730-6291-3fe2-abb4-5ccd966f89be

ROL

Building an investment portfolio from scratch can be difficult, especially if you're new to investing. It's easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start.Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.Why You Should Pay Attention to Rollins (ROL)Headquartered in Atlanta, GA, Rollins provides pest and termite control services to residential and commercial customers. The company offers protection against termite damage, insects and rodents to homes and businesses, including food manufacturers, food service establishments, hotels, transportation companies and retailers.ROL was added to the Zacks Focus List on January 7, 2019 at $36.50 per share. Since then, shares have increased 23.95% to $45.24.Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0 to $0.99. ROL boasts an average earnings surprise of 5.6%.Additionally, Rollins' earnings are expected to grow 10% for the current fiscal year.It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions. By adding a Focus List stock like ROL, there's a great chance you'll be getting into a company whose future earnings estimates will be raised, which can lead to price momentum.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportRollins, Inc. (ROL) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why Rollins (ROL) is a Top Stock for the Long-Term

https://finance.yahoo.com/news/why-rollins-rol-top-stock-143005669.html

59aec3d1-1a9d-3349-b31d-edd1cb5754f0

ROL

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.Why This 1 Growth Stock Should Be On Your WatchlistDifferent than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.Rollins (ROL)Headquartered in Atlanta, GA, Rollins provides pest and termite control services to residential and commercial customers. The company offers protection against termite damage, insects and rodents to homes and businesses, including food manufacturers, food service establishments, hotels, transportation companies and retailers.ROL is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 10% year-over-year for the current fiscal year, with sales growth of 7.9%.Three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0 to $0.99 per share for 2024. ROL boasts an average earnings surprise of 5.6%.Looking at cash flow, Rollins is expected to report cash flow growth of 17.2% this year; ROL has generated cash flow growth of 12.7% over the past three to five years.With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, ROL should be on investors' short lists.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportStory continuesRollins, Inc. (ROL) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick

https://finance.yahoo.com/news/growth-investor-1-stock-could-144511321.html

d02ac558-2383-3345-a5f4-2cea750071c8

ROP

Strengths: Roper Technologies Inc's strategic shift towards technology software in mature, niche markets.Weaknesses: Potential risks associated with acquisitions and integration of new businesses.Opportunities: Expansion through strategic acquisitions like Syntellis Performance Solutions and Frontline.Threats: Economic disruptions and cybersecurity threats that could impact operations.Warning! GuruFocus has detected 5 Warning Sign with ROP.Roper Technologies Inc (NASDAQ:ROP), a diversified technology company, filed its 10-K report on February 22, 2024, revealing a strategic pivot towards software and technology-enabled products in niche markets. The company's culture of acquiring cash-generative, asset-light businesses and reinvesting for higher returns is evident in its recent acquisitions, including Syntellis Performance Solutions and Frontline. Roper's decentralized management approach, coupled with a focus on empowering decision-makers, has facilitated a rotation of its business portfolio from industrial products to technology software. Financially, Roper has demonstrated a strong commitment to growth, deploying approximately $6,550 million in capital towards acquisitions over the past three years, including $1,380 million in 2023 alone. This strategic direction has positioned Roper favorably in the market, with a reduced cyclicality and asset intensity, increased recurring revenue, and a higher margin profile.Decoding Roper Technologies Inc (ROP): A Strategic SWOT InsightStrengthsMarket Leadership in Niche Segments: Roper Technologies Inc (NASDAQ:ROP) has successfully positioned itself as a market leader or competitive alternative in many of its niche markets. The company's expertise in creating high-value products and solutions has been a key differentiator, allowing it to maintain a strong brand presence and customer intimacy. Roper's strategic acquisitions have further strengthened its market positions, enabling the company to offer a diverse range of software, services, and technology-enabled products that are critical to its customers' operations.Story continuesStrong Financial Performance and Capital Deployment: Roper's financial strategy has been characterized by consistent and sustainable growth in revenue, earnings, and cash flow. The company's disciplined approach to capital deployment, as evidenced by its significant investments in high-margin acquisitions, has contributed to its robust financial health. Roper's ability to generate and compound cash flow has been a cornerstone of its success, allowing for reinvestment in businesses with high growth potential and incremental returns.WeaknessesIntegration Risks Associated with Acquisitions: While Roper's acquisition-driven growth strategy has been a strength, it also presents potential weaknesses. The integration of acquired businesses poses risks, including operational disruptions, technology assimilation challenges, and cultural alignment issues. These risks could impact Roper's ability to achieve anticipated levels of revenue and profitability from its acquisitions, potentially affecting its financial condition and results of operations.Exposure to Economic and Regulatory Risks: Roper operates in a complex regulatory environment, with its products and services subject to various laws and regulations. Compliance with these regulations, including environmental, healthcare, and anti-corruption laws, is critical to its operations. Any failure to comply could result in significant liabilities, fines, or reputational damage. Additionally, Roper's business is susceptible to general economic conditions, including inflationary pressures and supply chain constraints, which could impact its cost structure and profitability.OpportunitiesStrategic Acquisitions for Market Expansion: Roper's recent acquisitions, such as Syntellis Performance Solutions and Frontline, demonstrate its commitment to expanding its presence in the SaaS market. The planned acquisition of Procare Solutions, a leading provider of cloud-based software for the childcare market, represents another strategic opportunity to penetrate new markets and enhance its product offerings. These acquisitions provide Roper with access to new customer segments and the potential for cross-selling opportunities.Increased Recurring Revenue and Margin Profile: The divestiture of its industrial businesses and the focus on software and technology-enabled products have increased Roper's mix of recurring revenue and improved its margin profile. This shift towards less cyclical and asset-light operations presents opportunities for more predictable cash flows and enhanced profitability, positioning Roper favorably for long-term growth.ThreatsCybersecurity and Data Privacy Risks: As a technology company, Roper faces significant cybersecurity threats that could compromise its operations and customer data. The failure to effectively mitigate these threats could result in litigation, financial losses, and damage to its reputation. Additionally, compliance with evolving data privacy laws and regulations is an ongoing challenge that requires continuous investment in security measures and risk management practices.Geopolitical and Economic Disruptions: Roper's global operations expose it to risks associated with geopolitical events, such as armed conflicts and health crises. These events can disrupt supply chains, affect market conditions, and lead to economic instability. The ongoing war in Ukraine and other regional conflicts, coupled with the aftermath of the COVID-19 pandemic, highlight the potential threats to Roper's international sales and operations.In conclusion, Roper Technologies Inc (NASDAQ:ROP) exhibits a strong strategic focus on technology software and niche market leadership, backed by a robust financial performance and a disciplined capital deployment strategy. However, the company must navigate integration risks associated with its aggressive acquisition approach and remain vigilant against regulatory and economic challenges. Opportunities for growth through strategic acquisitions and an increased recurring revenue stream are promising, but Roper must also contend with cybersecurity threats and geopolitical uncertainties. Overall, Roper's SWOT analysis underscores its potential for sustained growth while highlighting areas that require careful management and strategic foresight.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

Decoding Roper Technologies Inc (ROP): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-roper-technologies-inc-rop-050617645.html

d25b06f1-e1a8-3e55-a71d-6a932a23b2fe

ROP

Roper Technologies, Inc. ROP has been benefiting from strength across each of its segments. Its Application Software segment is gaining from solid momentum in its Deltek, Vertafore, Strata, Frontline and Aderant businesses. Continued SaaS strength, sustained momentum in the SMB channel and private sector solutions are aiding its Deltek business. The acquisition of Replicon (August 2023) has been supporting Deltek’s growth by boosting its SaaS solutions portfolio.Growing adoption and cross-selling of SaaS solutions, and continued GenAI innovation are key catalysts to Aderant’s growth. The Strata business is gaining from its leading decision support and financial planning solutions. The acquisitions of MGA systems and Syntellis, and strength across core P&C business are fueling growth of Vertafore. Strong customer renewal season is aiding the Frontline business. For 2024, the company expects total revenues to increase 11-12% year over year. Organic revenues are estimated to increase 5-6%.Roper is steadily strengthening its business through acquisitions. In August 2023, the company acquired cloud-based performance management and data solutions provider, Syntellis Performance Solutions. Also, in October 2022, it acquired Frontline Education for $3.7 billion. The acquisition builds on Roper’s Horizon software business, expanding its presence in the K-12 education market. Acquisitions boosted sales by 4% in the fourth quarter.ROP remains committed on rewarding its shareholders through dividend payouts and share buybacks. In 2023, it rewarded its shareholders with a dividend payment of $262.3 million, up 11% year over year. In November 2023, the company hiked its dividend by 10%. Zacks Investment ResearchImage Source: Zacks Investment Research In the past month, this Zacks Rank #3 (Hold) company's stock has gained 1.4% against the industry’s 1% decline.However, escalating costs and expenses have been a concern for ROP over time. In 2023, the cost of sales increased 15.5% year over year while selling, general and administrative expenses climbed 15%. Escalating costs, if not controlled, may impede the company’s bottom line.Given Roper’s extensive presence across international markets, its operations are subject to risks associated with unfavorable movement in foreign currencies and geopolitical issues. In 2023, movement in foreign currency translation adversely impacted revenue growth by 0.1%.Story continuesKey PicksWe have highlighted three better-ranked stocks, namely Nordson Corporation NDSN, Parker-Hannifin Corporation PH and Ingersoll-Rand plc IR, each currently carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Nordson delivered a trailing four-quarter average earnings surprise of 5.2%. In the past 60 days, the Zacks Consensus Estimate for NDSN’s 2024 earnings has increased 1.1%.Parker-Hannifin delivered a trailing four-quarter average earnings surprise of 14.4%. In the past 60 days, the Zacks Consensus Estimate for PH’s 2024 earnings has increased 2.6%.Ingersoll-Rand delivered a trailing four-quarter average earnings surprise of 15.9%. In the past 60 days, the Zacks Consensus Estimate for IR’s 2024 earnings has increased 1.6%.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportParker-Hannifin Corporation (PH) : Free Stock Analysis ReportRoper Technologies, Inc. (ROP) : Free Stock Analysis ReportIngersoll Rand Inc. (IR) : Free Stock Analysis ReportNordson Corporation (NDSN) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Roper (ROP) Benefits From Business Strength Despite Risks

https://finance.yahoo.com/news/roper-rop-benefits-business-strength-171400375.html

50baba1e-2653-34ea-aeeb-58a9b03b0b9e

ROP

IntelliTransHolistic View Mitigate Risks Across the Supply ChainATLANTA, March 05, 2024 (GLOBE NEWSWIRE) -- In today's volatile market, even a minor disruption can cripple your supply chain. IntelliTrans, a leader in global multimodal transportation management solutions, discusses the pivotal role of transportation management systems in bolstering supply chain resilience through comprehensive risk management strategies centralized around a single point of control. A centralized approach enables businesses to proactively identify and mitigate risks across all transportation modes, thereby enhancing overall operational stability and efficiency.Brian Cupp, Director of Operations at IntelliTrans, with over 20 years of experience in supply chain optimization, states, "Holistic transportation risk management, facilitated by a centralized system, empowers companies to address risks across diverse supply chain elements, including various transportation modes. The IntelliTrans TMS exemplifies this approach, granting clients comprehensive insight into inventory movements across multiple transportation modes and warehouses. Having visibility ensures precise tracking of product locations throughout the transportation process and enables proactive inventory management to mitigate the risk of stockouts."The IntelliTrans Transportation Management System (TMS) seamlessly integrates and unifies data from suppliers, carriers, and logistics partners. This integration enables organizations to analyze and assess different transportation modes comprehensively, facilitating the identification of patterns and potential risks. Shippers benefit from real-time monitoring of transportation activities, enabling swift detection and response to disruptions or risks as they arise, thereby minimizing supply chain disruptions.Key functionalities of the IntelliTrans transportation management solution include:Tracks fleet maintenance and schedules to ensure service standards are upheld.Monitors carrier performance.Predicts trends through fleet analytics.Identifies and eliminates inefficiencies using AI-driven fleet management analytics.Conducts a comprehensive review of linehaul, fuel, and maintenance-related costs, facilitating data-driven discussions on transit performance and associated challenges.Provides centralized access to fleet documents, including contracts and BOLs.Tracks and evaluates asset performance.Detects inefficiencies within the fleet through trend analysis and historical performance evaluation.Optimizes fleet size based on current transit performance and production forecasts.Story continuesThe IntelliTrans TMS leverages tracking information to provide actionable analytics that measure key performance indicators (KPIs) such as fleet cycle time, origin/destination dwell time, lane and hauler performance, back orders, freight spend, and load optimization. With a central repository housing rate, equipment, lease, tracking, and invoice data accessible round-the-clock, companies are equipped to navigate market dynamics effectively and position themselves for success under any conditions.Learn more about how IntelliTrans can help you manage your supply chain risks: www.intellitrans.com.About IntelliTrans Multimodal Transportation SolutionsIntelliTrans, a Roper Technologies business (Nasdaq: ROP), provides unified and proactive solutions to manage complex supply chain needs. Customers are nimble and efficient with the global supply chain transparency powered by IntelliTrans’ TMS (Transportation Management System), the only SaaS-based TMS that provides seamless shipment execution and visibility across rail, truck, barge, and ocean. IntelliTrans enables complete, timely, and accurate data, allowing customers to automate business processes, improve customer service, and reduce operational costs. IntelliTrans has recently received the Inbound Logistics Top 100 Logistics IT Provider Award, the 2023 BIG Innovation Award, the Cloud Computing Product of the Year Award, and the Food Logistics/SDCE Top Software and Technology Award. Learn more at our website, linked here.Media Contact for IntelliTrans:Becky BoydMediaFirst PR (M1PR.com)[email protected]

GlobeNewswire

IntelliTrans: Revolutionizing Risk Management - The Power of Single Point of Control TMS

https://finance.yahoo.com/news/intellitrans-revolutionizing-risk-management-power-150000166.html

4caaa2b0-2073-3019-8647-668e26293db0

ROP

IntelliTransSupply & Demand Chain Executive Award Recognizes Outstanding Executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantagePros to Know LogoBrian Cupp Named Pros to Know in Lifetime Achievement CategoryATLANTA, March 08, 2024 (GLOBE NEWSWIRE) -- Brian Cupp, Director of Operations at IntelliTrans, a leading global multimodal transportation management solutions provider, has been named a winner of this year’s Pros to Know award in the Lifetime Achievement Category.“Being selected as one of the twenty-five award winners is an exciting accomplishment. I strive daily to provide innovative, forward-looking solutions to challenges customers and team members face. It’s great to have been chosen among hundreds nominated for making outstanding contributions to the supply chain space,” says Brian Cupp. “The entire IntelliTrans team helped with this award by working directly with customers to provide value and improvement to their supply chain with increased efficiencies and lower costs.”"Many of today's supply chain pros are more than just leaders within their space; they're innovators, decision-makers, pioneers of change and growth. They've spent the last year (and more) creating safer, more efficient supply chains," says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive. "New this year, we broke the award into four distinct categories: Top Warehousing Stars; Top Procurement Stars; Rising Stars; and Lifetime Achievement. These winners continue to go above and beyond to overcome challenges, advance supply chain management and make the impossible, possible."With over two decades of experience, Brian has a proven track record of guiding companies to achieve significant success within their operations. His insights, best practices, and innovative technology strategies have empowered over 200 clients to optimize their supply chain and see significant impacts within their organizations. Brian enjoys being actively involved in product development at IntelliTrans and experimenting with AI and other technologies to shape the future of the supply chain landscape.Story continuesRecognized as a thought leader in the industry, Brian is a frequent speaker at conferences and industry events and works closely with local schools and colleges to help educate the next generation of supply chain leaders.IntelliTrans provides the only multimodal SaaS-based TMS with solutions to incorporate disparate data sources, provide automated functionality to replace many manual or distributed processes, and the visibility needed to optimize logistics operations.This year's award recipients will be profiled in Supply & Demand Chain Executive’s March 2024 issue, which will be distributed at MODEX 2024 and at www.SDCExec.com. Go to https://sdce.me/9nuat3bs to view the complete list of winners.About IntelliTrans Multimodal Transportation SolutionsIntelliTrans, a Roper Technologies business (Nasdaq: ROP), offers seamless freight management and shipment execution across rail, truck, ocean, and barge within one platform. As the only SaaS-based platform with visibility across all modes for bulk and break-bulk shippers, IntelliTrans enables customers to automate business processes, improve customer service, and reduce operational costs with complete, timely, and accurate data. Recognized as a top transportation management provider, IntelliTrans has recently received the Inbound Logistics Top 100 Logistics IT Provider Award, the 2023 BIG Innovation Award, the Cloud Computing Product of the Year Award, and the Food Logistics/SDCE Top Software and Technology Award. Learn more at our website to see how IntelliTrans can support optimizations to your supply chain operations.About Supply & Demand Chain ExecutiveSupply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development, and more. Supply & Demand Chain Executive and its sister publication, Food Logistics, also operate SCN Summit and the Women in Supply Chain Forum. Go to www.SDCExec.com to learn more.About IRONMARKETSIRONMARKETS, formerly AC Business Media, is a leading business-to-business media and buyer engagement platform with a portfolio of renowned brands in heavy construction, asphalt, concrete, paving, rental, sustainability, landscape, manufacturing, logistics, and supply chain markets. IRONMARKETS delivers relevant, cutting-edge content to its audiences through its industry-leading digital properties, trade shows, conferences, videos, magazines, webinars, and newsletters. It also provides advertisers with the analytics, data, and ability to reach their target audience. Learn more at https://www.iron.markets.Media Contact for IntelliTrans:Becky BoydMediaFirst PR (M1PR.com)[email protected] photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1d0b3b6c-8c95-4bef-b7da-b01172b21032

GlobeNewswire

IntelliTrans Brian Cupp Named to 2024 Pros to Know Award

https://finance.yahoo.com/news/intellitrans-brian-cupp-named-2024-151500651.html

41a96976-b59b-3d33-b4f5-5c6e1f40fed1

ROST

What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So while Ross Stores (NASDAQ:ROST) has a high ROCE right now, lets see what we can decipher from how returns are changing.Understanding Return On Capital Employed (ROCE)For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on Ross Stores is:Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)0.22 = US$2.1b ÷ (US$14b - US$4.4b) (Based on the trailing twelve months to October 2023).Therefore, Ross Stores has an ROCE of 22%. In absolute terms that's a great return and it's even better than the Specialty Retail industry average of 13%. View our latest analysis for Ross Stores roceAbove you can see how the current ROCE for Ross Stores compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Ross Stores .What The Trend Of ROCE Can Tell UsOn the surface, the trend of ROCE at Ross Stores doesn't inspire confidence. While it's comforting that the ROCE is high, five years ago it was 52%. On the other hand, the company has been employing more capital without a corresponding improvement in sales in the last year, which could suggest these investments are longer term plays. It's worth keeping an eye on the company's earnings from here on to see if these investments do end up contributing to the bottom line.Story continuesIn Conclusion...Bringing it all together, while we're somewhat encouraged by Ross Stores' reinvestment in its own business, we're aware that returns are shrinking. Although the market must be expecting these trends to improve because the stock has gained 64% over the last five years. But if the trajectory of these underlying trends continue, we think the likelihood of it being a multi-bagger from here isn't high.If you're still interested in Ross Stores it's worth checking out our FREE intrinsic value approximation for ROST to see if it's trading at an attractive price in other respects.High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Ross Stores (NASDAQ:ROST) May Have Issues Allocating Its Capital

https://finance.yahoo.com/news/ross-stores-nasdaq-rost-may-144927611.html

c5fbafdf-2c03-3bbd-b5fd-6a63cd03764c

ROST

Featuring Nvidia, Meta, Netflix and more, this stock screener highlights top-rated stocks to buy and watch right now.Continue reading

Investor's Business Daily

Nvidia And Meta Are Just Two Of These 17 'Perfect' Stocks

https://finance.yahoo.com/m/148b6396-53a3-3f34-ba20-b20871fc832c/nvidia-and-meta-are-just-two.html

148b6396-53a3-3f34-ba20-b20871fc832c

ROST

TARGETING APPROXIMATELY 90 OPENINGS IN 2024DUBLIN, Calif., March 11, 2024 /PRNewswire/ -- Ross Stores, Inc. opened 11 Ross Dress for Less® ("Ross") and seven dd's DISCOUNTS® stores in 11 different states in February and March. These new locations are part of the Company's plans to add approximately 90 new stores, comprised of about 75 Ross and 15 dd's DISCOUNTS, during fiscal 2024."This Spring, we continued to expand the store base of both Ross and dd's. Specifically for Ross, we expanded our presence in the newer markets of Michigan and New York, while dd's growth primarily focused on existing markets of California, Florida, and Texas," said Gregg McGillis, Group Executive Vice President, Property Development. "We now operate a total of 2,127 Ross Dress for Less and dd's DISCOUNTS locations across 43 states, the District of Columbia, and Guam. As we look out over the long term, we remain confident that Ross can grow to 2,900 locations and dd's DISCOUNTS can become a chain of 700 stores given consumers' ongoing focus on value and convenience."About Ross Stores, Inc.Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2023 revenues of $20.4 billion. Currently, the Company operates Ross Dress for Less® ("Ross"), the largest off-price apparel and home fashion chain in the United States with 1,775 locations in 43 states, the District of Columbia, and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also operates 352 dd's DISCOUNTS® in 22 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Additional information is available at www.rossstores.com.Story continuesContact:               Connie Kao                                                      Group Vice President, Investor & Media Relations                     (925) 965-4668                                                [email protected]         CisionView original content:https://www.prnewswire.com/news-releases/ross-stores-opens-18-new-locations-302084580.htmlSOURCE Ross Stores, Inc.

PR Newswire

ROSS STORES OPENS 18 NEW LOCATIONS

https://finance.yahoo.com/news/ross-stores-opens-18-locations-123000134.html

5374bbbf-bf56-38a1-8196-9bcda0141381

ROST

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.Why Investors Should Pay Attention to This Value StockValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.Ross Stores (ROST)Based in Dublin, CA, Ross Stores Inc. operates as an off-price retailer of apparel and home accessories, primarily in the United States. The company operates its stores under the Ross Dress for Less (Ross) and dd’s DISCOUNTS names. The company’s stores are located mostly in community and neighborhood shopping centers in heavily populated urban and suburban areas.ROST is a Zacks Rank #3 (Hold) stock, with a Value Style Score of B and VGM Score of A. Shares are currently trading at a forward P/E of 24.8X for the current fiscal year compared to the Retail - Discount Stores industry's P/E of 22.4X. Additionally, ROST has a PEG Ratio of 2.1 and a Price/Cash Flow ratio of 21.4X. Value investors should also note ROST's Price/Sales ratio of 2.4X.Many value investors pay close attention to a company's earnings as well. For ROST, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.04 to $5.87 per share for 2025. Per share ROST boasts an average earnings surprise of 9.1%.ROST should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.Story continuesWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportRoss Stores, Inc. (ROST) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

https://finance.yahoo.com/news/value-investor-1-stock-could-134010081.html

0194bd88-9651-3907-8332-a538624b3ffc

RSG

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad.In contrast to all that, many investors prefer to focus on companies like Republic Services (NYSE:RSG), which has not only revenues, but also profits. While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. See our latest analysis for Republic Services How Quickly Is Republic Services Increasing Earnings Per Share?Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. That makes EPS growth an attractive quality for any company. Shareholders will be happy to know that Republic Services' EPS has grown 18% each year, compound, over three years. If growth like this continues on into the future, then shareholders will have plenty to smile about.It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. EBIT margins for Republic Services remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 13% to US$15b. That's a real positive.In the chart below, you can see how the company has grown earnings and revenue, over time. For finer detail, click on the image.earnings-and-revenue-historyFortunately, we've got access to analyst forecasts of Republic Services' future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting.Are Republic Services Insiders Aligned With All Shareholders?Since Republic Services has a market capitalisation of US$57b, we wouldn't expect insiders to hold a large percentage of shares. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. With a whopping US$56m worth of shares as a group, insiders have plenty riding on the company's success. This should keep them focused on creating long term value for shareholders.Story continuesWhile it's always good to see some strong conviction in the company from insiders through heavy investment, it's also important for shareholders to ask if management compensation policies are reasonable. A brief analysis of the CEO compensation suggests they are. The median total compensation for CEOs of companies similar in size to Republic Services, with market caps over US$8.0b, is around US$12m.The Republic Services CEO received US$9.8m in compensation for the year ending December 2022. That seems pretty reasonable, especially given it's below the median for similar sized companies. While the level of CEO compensation shouldn't be the biggest factor in how the company is viewed, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. Generally, arguments can be made that reasonable pay levels attest to good decision-making.Does Republic Services Deserve A Spot On Your Watchlist?You can't deny that Republic Services has grown its earnings per share at a very impressive rate. That's attractive. If you need more convincing beyond that EPS growth rate, don't forget about the reasonable remuneration and the high insider ownership. Everyone has their own preferences when it comes to investing but it definitely makes Republic Services look rather interesting indeed. You still need to take note of risks, for example - Republic Services has 1 warning sign we think you should be aware of.There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of companies which have demonstrated growth backed by recent insider purchases.Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Should You Be Adding Republic Services (NYSE:RSG) To Your Watchlist Today?

https://finance.yahoo.com/news/adding-republic-services-nyse-rsg-111722870.html

65a367c8-cedf-3bdb-bd17-88e233e3da45

RSG

In its upcoming report, Republic Services (RSG) is predicted by Wall Street analysts to post quarterly earnings of $1.28 per share, reflecting an increase of 13.3% compared to the same period last year. Revenues are forecasted to be $3.72 billion, representing a year-over-year increase of 5.5%.Over the last 30 days, there has been a downward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.Given this perspective, it's time to examine the average forecasts of specific Republic Services metrics that are routinely monitored and predicted by Wall Street analysts.According to the collective judgment of analysts, 'Revenue- Environmental solutions' should come in at $437.04 million. The estimate indicates a year-over-year change of +0.7%.Analysts expect 'Revenue- Collection- Total' to come in at $2.54 billion. The estimate indicates a change of +5.3% from the prior-year quarter.Based on the collective assessment of analysts, 'Revenue- Collection- Small-container' should arrive at $1.09 billion. The estimate indicates a year-over-year change of +5.9%.Analysts' assessment points toward 'Revenue- Collection- Large-container' reaching $728.12 million. The estimate suggests a change of +6.6% year over year.Story continuesThe combined assessment of analysts suggests that 'Revenue- Collection- Other' will likely reach $15.38 million. The estimate indicates a change of +13.9% from the prior-year quarter.The collective assessment of analysts points to an estimated 'Revenue- Other- Other non-core' of $84.42 million. The estimate suggests a change of +0.6% year over year.The consensus estimate for 'Revenue- Environmental solutions, net' stands at $416.69 million. The estimate indicates a year-over-year change of -0.2%.It is projected by analysts that the 'Revenue- Transfer' will reach $420.10 million. The estimate suggests a change of +7.4% year over year.The consensus among analysts is that 'Revenue- Landfill' will reach $711.65 million. The estimate indicates a change of +7.5% from the prior-year quarter.Analysts predict that the 'Revenue- Other- Recycling processing and commodity sales' will reach $68.85 million. The estimate suggests a change of +17.3% year over year.The average prediction of analysts places 'Revenue- Collection- Residential' at $698.86 million. The estimate suggests a change of +2.8% year over year.Analysts forecast 'Average yield' to reach 5.6%. Compared to the present estimate, the company reported 6.7% in the same quarter last year.View all Key Company Metrics for Republic Services here>>>Over the past month, Republic Services shares have recorded returns of +7.1% versus the Zacks S&P 500 composite's +3.1% change. Based on its Zacks Rank #2 (Buy), RSG will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportRepublic Services, Inc. (RSG) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Seeking Clues to Republic Services (RSG) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

https://finance.yahoo.com/news/seeking-clues-republic-services-rsg-141522524.html

8af7957c-05e7-32d5-ae0a-addce15f6509

RSG

This marks the company's sixth time on Barron's prestigious listPHOENIX, March 6, 2024 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG), a leader in the environmental services industry, has been named for a sixth year to Barron's 100 Most Sustainable Companies list. Republic ranks 19th on the 2024 list, which rates companies across 230 environmental, social and governance performance metrics, from workplace diversity to greenhouse gas emissions."Our company promise is sustainability in action, which means taking action to improve the health of the environment and our business," said Jon Vander Ark, president and chief executive officer. "We've set long-term sustainability goals designed to deliver both economic and environmental sustainability while meeting the unique needs of our customers." The company continues to make progress toward its ambitious 2030 Sustainability Goals tied to safety, talent, climate leadership and communities, while helping its customers meet their own sustainability goals. Republic Services was the first U.S. environmental services provider with a greenhouse gas reduction goal approved by the Science Based Targets initiative and, last year, unveiled the industry's first climate transition road map.To develop its 2024 list, Barron's worked with Calvert to rank the 1,000 largest publicly traded U.S. companies by market value on how each one performed in five key constituencies: shareholders, employees, customers, community and the planet. The complete 100 Most Sustainable Companies list is available at Barrons.com.Republic Services has received other notable third-party recognition during the past year, including being named to Fortune's list of the World's Most Admired Companies and the Dow Jones Sustainability Indices, and certified as a Great Place to Work® by the global authority on workplace culture and employee experience.About Republic ServicesRepublic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the Company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste and field services. Republic's industry-leading commitments to advance circularity and support decarbonization are helping deliver on its vision to partner with customers to create a more sustainable world. For more information, please visit RepublicServices.com.Story [email protected](480) 757-9770Republic Services logo (PRNewsfoto/Republic Services, Inc.)CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/republic-services-named-to-barrons-100-most-sustainable-companies-list-for-2024-302080227.htmlSOURCE Republic Services, Inc.

PR Newswire

Republic Services Named to Barron's 100 Most Sustainable Companies List for 2024

https://finance.yahoo.com/news/republic-services-named-barrons-100-140400619.html

bc65c393-0e01-34a3-9914-4614686b34fb

RSG

Company recognized for best-in-class ethics, compliance and governance practicesPHOENIX, March 11, 2024 /PRNewswire/ -- For the sixth time, Republic Services, Inc. (NYSE: RSG) has been named one of the World's Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Republic Services is one of 136 companies globally to be recognized in 2024 for best-in-class ethics, compliance and governance practices."We are honored to again be recognized for our commitment to operating ethically and responsibly," said Jon Vander Ark, president and chief executive officer. "Our 41,000 employees are driven to deliver results in the right way for the benefit of our customers, our communities and our company."The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®, an extensive questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social and governance practices; ethics and compliance program; diversity, equity and inclusion; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify truly best-in-class ethics and compliance practices from organizations across industries and from around the world.The complete list of the 2024 World's Most Ethical Companies is available at worldsmostethicalcompanies.com.Republic Services has received other notable third-party recognition during the past year, including being named to Barron's 100 Most Sustainable Companies list, Fortune's list of the World's Most Admired Companies, and certified as a Great Place to Work® by the global authority on workplace culture and employee experience.Story continuesAbout Republic ServicesRepublic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the Company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste and field services. Republic's industry-leading commitments to advance circularity and support decarbonization are helping deliver on its vision to partner with customers to create a more sustainable world. For more information, please visit [email protected](480) 757-9770Republic Services logo (PRNewsfoto/Republic Services, Inc.)CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/republic-services-named-as-one-of-the-worlds-most-ethical-companies-for-the-sixth-time-302084398.htmlSOURCE Republic Services, Inc.

PR Newswire

Republic Services Named as One of the World's Most Ethical Companies for the Sixth Time

https://finance.yahoo.com/news/republic-services-named-one-worlds-130400811.html

7d035a96-f735-360e-813e-7cebf4dec383

RTX

In today's scorching hot stock market, investors may gloss over the favorable qualities of the defense industry.Defense companies aren't known for their growth. But they benefit from having a reliable buyer in the U.S. government, which provides predictable cash flows that support organic growth, dividend payments, and often, stock repurchases.Here's why RTX (NYSE: RTX), Lockheed Martin (NYSE: LMT), and Honeywell International (NASDAQ: HON) stand out as three defense stocks worth a look.Image source: Getty Images.RTX's mix of revenue streams will attract investorsLee Samaha (RTX): The aerospace and defense industry had a difficult 2023. Defense businesses came under sustained margin pressure as ongoing supply chain issues negatively impacted operations. Meanwhile, the discovery of potential contamination in powder coating used to manufacture turbine discs in RTX's engines used in commercial aerospace (not least the Airbus A320 neo family) will ultimately result in multibillion-dollar hits to earnings and free cash flow (FCF) over the next few years as engines need to be removed and inspected.Still, there's a value case to be made for the stock. Its aerospace end market remains in growth mode. While the powder coating issue is a disappointment, there's only one other competitor engine on the Airbus A320 neo family, namely the LEAP engine of CFM International (a General Electric joint venture), but that already has a multiyear backlog in place.Meanwhile, at some point, the supply chain issues dogging the defense industry will abate, creating the possibility for margin headwinds to turn into tailwinds. In addition, there's no shortage of geopolitical tension right now and pressure on NATO countries to ramp up spending or at least replenish equipment used in conflict theaters.As such, RTX operates in two end markets that are likely to be in growth mode over the near to medium term. RTX and its dividend face challenges, but are worth a look given the two sectors in which the company operates.Story continuesLockheed Martin is a stalwart defense contractor that generates robust free cash flowScott Levine (Lockheed Martin): Lockheed Martin stock currently provides income investors with a 3% forward-yielding dividend. And with its strong backlog and prodigious free-cash-flow generation, Lockheed Martin seems well suited to continue rewarding shareholders with its generous dividend in the coming years.Although lower sales and higher costs related to the company's F-35 fighter jet adversely affected the top and bottom lines last quarter, Lockheed Martin recently celebrated an otherwise strong end to 2023. Driven by the strong performance of its space segment, Lockheed Martin recognized a 2.4% year-over-year increase in sales and a 21% year-over-year increase in net earnings. The growth carried over to the cash-flow statement as well, where Lockheed Martin reported 2023 free cash flow of $6.23 billion, representing a 1.6% increase over 2022.However, for those looking to fortify their portfolios with a leading defense stock like Lockheed Martin, confidence that the future remains bright is equally important. Thanks to the company's robust backlog, this certainly seems to be the case. Lockheed Martin reported a company record $160.6 billion in backlog at the end of 2023 -- an auspicious sign that the company will be able to grow the dividend.Over the past 10 years, Lockheed Martin has averaged a payout ratio of 54%. And that's not the only indication that the company can sustain the dividend.LMT Dividend Per Share (Annual) ChartThe company consistently generates strong free cash flow that it can use to fund the dividend.With geopolitical tensions showing little sign of abating anytime soon, Lockheed Martin's business will remain in high demand, making it a worthy addition to income investors' portfolios.Honeywell has finally found its footingDaniel Foelber (Honeywell): Honeywell isn't a pure-play defense stock in the same way that RTX and Lockheed Martin are. But that could work in investors' favor.Honeywell's largest segment is aerospace, but it makes up just 37.2% of sales. Honeywell's other business units are building technologies, performance materials and technologies, and safety and productivity solutions.Honeywell's greatest strength is that it operates a high-margin, diversified business where no single segment makes up too great of a share of sales or profit.Earlier this month, Honeywell reported overall solid 2023 results. But the real standout was its 2024 guidance for adjusted earnings per share of $9.80 to $10.10, which would be up 7% to 10%. Honeywell's 2024 guidance also calls for organic growth of 4% to 6%, which is in line with the company's long-term target for 4% to 7% organic growth.Free cash flow is forecast to be $5.6 billion to $6 billion in 2024 -- more than enough to fund the company's dividend with cash. For context, Honeywell spent $8.3 billion in 2023 on dividends, stock buybacks, capital expenditures, and mergers and acquisitions. But the dividend payment only cost Honeywell $2.72 billion -- meaning it is expecting this year's FCF to be more than double the dividend obligation.It's been a bumpy ride for Honeywell investors since the onset of the pandemic. As you can see in the following chart, Honeywell has slowly been building up its profits to return to the pre-pandemic high. Sales are down by quite a bit, but Honeywell has made up for that by improving its margins, which has made the business leaner and more efficient overall.HON Revenue (TTM) ChartDespite the good results, Honeywell remains in "prove it" mode. It needs to sustain at least mid-single-digit organic growth and high-single-digit or low-double-digit growth once factoring in strategic mergers and acquisitions and buybacks. It also needs to show meaningful results from monetizing the Industrial Internet of Things and artificial intelligence -- themes that Honeywell has been touting for years with unclear material impacts on the bottom line.The good news is the stock isn't expensive, sporting just a 23.5 price-to-earnings ratio. It also has a dividend yield of 2.2% as of this writing.Honeywell is a good choice for investors who want exposure to the defense industry but with the benefit of a diversified industrial conglomerate.Should you invest $1,000 in RTX right now?Before you buy stock in RTX, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and RTX wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.See the 10 stocks*Stock Advisor returns as of February 20, 2024Daniel Foelber has no position in any of the stocks mentioned. Lee Samaha has positions in Honeywell International. Scott Levine has no position in any of the stocks mentioned. The Motley Fool recommends Lockheed Martin and RTX. The Motley Fool has a disclosure policy.3 Dividend-Paying Defense Stocks Worth a Look was originally published by The Motley Fool

Motley Fool

3 Dividend-Paying Defense Stocks Worth a Look

https://finance.yahoo.com/news/3-dividend-paying-defense-stocks-174500224.html

31b7bbf6-f119-3576-8482-0ee08e45eac1

RTX

Delivery achieves significant partnership milestoneWILSONVILLE, Ore., Feb. 26, 2024 /PRNewswire/ -- Collins Elbit Vision Systems (CEVS) – a joint venture between Collins Aerospace, and Elbit Systems of America (Elbit America) – announced today that it has delivered the 3,000th F-35 Gen III Helmet Mounted Display Systems (HMDS) to the Joint Strike Fighter. Collins Aerospace is an RTX (NYSE: RTX) business.Collins Elbit Vision Systems F-35 Gen III HMDS is the world’s most advanced helmet-mounted display system and provides pilots in combat zones unmatched situational awareness.The F-35 Gen III HMDS is the world's most advanced helmet-mounted display system. Its next-generation user interface serves as a pilot's primary display system, providing them with intuitive access to vital flight, tactical and sensor information day or night."CEVS has developed and delivered next-generation solutions that have kept pilots safe and battle ready for nearly 30 years," said Collins Aerospace's Daniel Karl, co-general manager of CEVS. "The HMDS offers pilots in combat zones unmatched situational awareness, giving them the vital information they need to make decisions faster. Our team in Wilsonville, Oregon, is proud to have helped lead the development and manufacturing of this technology for our warfighters, which will help them win the future fight."With the 3,000th delivery, CEVS has provided over 20,000 systems to warfighters and have logged more than 1 million flight hours on 40 different fighter aircraft platforms.This milestone comes five months after CEVS unveiled Zero-G HMDS+ for 6th generation fighter aircraft."Zero-G – the newest generation of our HMDS – is the lightest, most capable and safest helmet mounted display system ever developed," said Elbit America's Jeff Hobert, co-general manager of CEVS. "It was designed for next-generation fighter aircraft platforms and can also support 4th and 5th generation aircraft."Click here to learn more about CEVS' helmet mounted display systems, including F-35 Gen III HDMS and Zero-G HMDS+.Story continuesAbout Collins AerospaceCollins Aerospace, an RTX business, is a leader in integrated and intelligent solutions for the global aerospace and defense industry. Our 80,000 employees are dedicated to delivering future-focused technologies to advance sustainable and connected aviation, passenger safety and comfort, mission success, space exploration, and more.About RTXRTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $68.9 billion, is headquartered in Arlington, Virginia.About Elbit Systems of America, LLCElbit Systems of America, headquartered in Fort Worth, Texas, is a leading provider of high-performance products, system solutions, and support services focusing on the defense, homeland security, law enforcement, commercial aviation, and medical instrumentation markets. With facilities throughout the U.S., Elbit Systems of America is dedicated to supporting those who contribute daily to the safety and security of the United States. Elbit Systems of America, LLC is wholly owned by Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT), a global high technology company engaged in a wide range of programs for innovative defense and commercial applications. For additional information, visit: www.ElbitAmerica.com or follow us on, LinkedIn and Instagram.For questions or to schedule an interview, please contact [email protected]  CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/collins-elbit-vision-systems-delivers-3-000th-f-35-gen-iii-helmet-mounted-display-system-to-the-joint-strike-fighter-302070733.htmlSOURCE RTX

PR Newswire

Collins Elbit Vision Systems delivers 3,000th F-35 Gen III Helmet Mounted Display System to the Joint Strike Fighter

https://finance.yahoo.com/news/collins-elbit-vision-systems-delivers-140000017.html

cb78f858-4e87-308e-9cee-20dc4b3d4969

RTX

(Adds CEO quote in 3rd paragraph, details on test in 5th paragraph)By Mike StoneWASHINGTON, March 11 (Reuters) - Castelion, a startup trying to build a hypersonic weapon for the Pentagon, tested its system for the first time, it told Reuters on Monday, as a growing group of small hypersonic arms makers challenge large defense contractors with less expensive, rapidly produced products.The United States and China are engaged in an arms race to develop the most lethal hypersonic weapons, which travel in the upper atmosphere at more than five times the speed of sound and are designed to evade traditional defenses."This test flight, this first of many planned for this year, demonstrates our rapid development approach and is a major milestone for the company. We now have a low-cost hypersonic test platform ready to launch on demand," Bryon Hargis, Castelion's CEO and co-founder, told Reuters in a statement.U.S. companies like Castelion, RTX's Raytheon unit and Lockheed Martin are all working to develop the new class of weapon, which will translate to large contracts if production can be scaled.Private U.S. company Stratolaunch on Saturday said it had successfully completed the first powered flight of its Talon-A reusable hypersonic test vehicle.Castelion already has contracts with the U.S. Air Force and the Navy, the company told Reuters in a statement regarding the test, which did not include an explosive device, which it said took place on Saturday.Backed by $14.2 million in funding co-led by investors Andreessen Horowitz and Lavrock Ventures, the tiny startup has secretly conducted dozens of component tests since June 2023.The company has set a goal of designing and building a complete weapons system that includes a hypersonic missile, a control station and a data link.Saturday's successful test of the missile system raises the stakes for rivals RTX and Lockheed Martin - Pentagon weapons contractors vying for billions of funds to build hypersonic weapons.China and Russia both have competitive hypersonic weapons programs in what has become a geopolitical race to develop and field missiles that can change direction while traveling at several times the speed of sound. (Reporting by Mike Stone in Washington; editing by Jonathan Oatis and Leslie Adler)

Reuters

UPDATE 1-Hypersonic weapon startup Castelion has first prototype missile test

https://finance.yahoo.com/news/1-hypersonic-weapon-startup-castelion-175108949.html

2adebaa4-90d0-3c9c-ad61-489b00463935

RTX

In this article, we will discuss the 20 most refugee-hosting countries in the world. If you want to skip our analysis, you can proceed to the section highlighting the 5 Most Refugee-Hosting Countries in the World.According to the United Nations, a refugee is defined as an individual who is unable to seek shelter in their country of origin and faces serious life threats based on factors such as race, religion, war, conflicts, disasters, affiliation with a particular social group, or political beliefs. According to the United Nations High Commissioner for Refugees (UNHCR), global trends report published in June 2023, 52% of all refugees came from wars and conflicts in Syria, Ukraine, and Afghanistan.Global Defense Spending Reached $2.2 Trillion in 2023Global defense expenditures rose substantially last year, reaching an all-time high of over $2.2 trillion, according to a February 2024 report by the International Institute for Strategic Studies. The sizable increase of nearly 9% was fueled by spending among NATO member states responding to Russia's invasion of Ukraine. In Ukraine, Russian equipment losses continue on a large scale. Analysts assess that its full-scale invasion has cost Russia more than 3,000 military battle tanks.The Russian Invasion of Ukraine: 2024 UpdatesThe Russian invasion of Ukraine on February 24, 2022, forced 5.7 million Ukrainians to flee for their lives and cross into neighboring countries in search of shelter. Ukraine faces significant challenges in competing militarily with Russia, primarily due to a low defense budget that constrains Ukraine's ability to match Russia’s might. On March 3, Reuters reported that Russia's military destroyed 47 Ukrainian drones in the southern region of Rostov oblast, which is a strategic center for Russian forces to conduct operations in Ukraine. Without substantial assistance from allies in the West, Ukraine struggles with military resources and capabilities. Western partners have become critical for Ukraine's armed forces. On March 8, Reuters reported that Ukraine expects to receive $17.51 billion from the European Union within the next two months, with $4.92 billion scheduled in March and $1.64 billion in April 2024. Story continuesFollowing a meeting with the foreign ministers of France, Lithuania, Latvia, and Estonia in Vilnius, Ukraine’s Foreign Minister Dmytro Kuleba appealed to the country’s Western allies to supply arms of all kinds without restrictions. Kuleba also said,“If things continue as they currently happen, it’s not going to end well for all of us, What is required is an unrestricted and timely supply of all types of weapons and ammunition to ensure that Ukraine beats Russia and the war in Europe does not spill over.”On March 8, Reuters reported that French Defence Minister Sebastien Lecornu said that France is planning to have some of its arms manufacturers collaborate with Ukrainian companies to produce military equipment on Ukrainian soil to help the country in its war against Russia.The Israel-Hamas ConflictThe conflict between Israel and Hamas-led Palestinian militant groups has been ongoing for several decades, however, escalation began on October 7, 2023, when Hamas launched a surprise attack on southern Israel from the Gaza Strip. Following the expulsion of Hamas militants from Israeli territory, the Israeli military initiated extensive aerial bombardments of the Gaza Strip, and a large-scale ground invasion commenced on October 27, 2023. As of February, UNFPA reports that over 2.2 million people in Gaza are internally displaced. The health system is significantly affected, and hunger is widespread among the population. On March 3, the Associated Press reported that the United States carried out emergency humanitarian airdrops in Gaza to alleviate the severe crisis. Thousands of meals were dropped by the U.S. military, aiming to provide essential supplies to residents. On March 9, The Guardian reported that Sweden and Canada decided to resume aid to UNRWA for Palestinians, with Sweden announcing an initial funding of $20 million.Demanding a ceasefire in Gaza, Houthi militants in Yemen attacked and seized various countries' merchant vessels in the Red Sea. In response, the United States on December 19,  2023, announced a coalition of 10 countries to combat Houthis and protect trade in the Red Sea. On January 12, Al Jazeera reported that the United States and the United Kingdom, aided by Australia, Bahrain, Canada, Denmark, the Netherlands, and New Zealand, have conducted multiple cruise missile strikes and airstrikes targeting over 30 locations in Yemen.An Analysis of Global Defense Spending in 2024The United States Department of Defense proposed a budget of $842 billion for 2024, up from $816 billion from the previous year. The UK also allocated an additional $6.34 billion to the defense budget 2024/25 in response to escalating global threats, including the ongoing conflict in Ukraine. According to Brown University’s Watson Institute for International and Public Affairs report, more than 50% of the annual Department of Defense budget is spent on defense companies. Payments to contractors increased from around $140 billion in 2001 to approximately $370 billion in 2019, which represents a compound annual growth rate (CAGR) of 10.68%.According to a report by Research and Markets, the global defense market has experienced rapid growth, rising from $575.33 billion in 2023 to $616.32 billion in 2024. It is anticipated to further expand to $772.49 billion in 2028, growing at a compound annual growth rate (CAGR) of 5.8%. This growth is fueled by governmental backing, military modernization initiatives, the adoption of lightweight materials, and increased usage of drones and military helicopters.As ongoing conflicts in Ukraine, Yemen, and Israel intensify, the demand for services and products of major defense companies continues to rise. Defense companies including Lockheed Martin Corporation (NYSE:LMT), RTX Corporation (NYSE:RTX), and The Boeing Company (NYSE:BA) are supplying a wide range of equipment, weaponry, and technology to countries across the globe.During the financial year 2023, Lockheed Martin Corporation (NYSE:LMT) delivered a total of 124 aircraft and 69 helicopter programs. On March 1, contracts totaling over $1.09 billion were awarded by the U.S. Department of Defense to Lockheed Martin Corporation (NYSE:LMT) for missile systems, logistics support, and modifications. Given the uncertainty in Ukraine, European nations near Russia are purchasing F-35 jets from Lockheed Martin Corporation (NYSE:LMT), on January 29, Czechia signed a Letter of Acceptance (LOA) for the acquisition of 24 F-35 aircraft. Lockheed Martin delivered the initial four S-70 Black Hawks to Romania in November 2023 and plans to deliver eight more in the next four years. Additionally, in July 2023, Israel approved the purchase of another 25 F-35 jets worth $3 billion, as reported by Reuters, on July 2, 2023.RTX Corporation (NYSE:RTX), previously known as Raytheon Technologies, is one of the world's largest defense companies. In January, RTX Corporation (NYSE:RTX) secured contracts valued at $345 million from the U.S. Air Force and contracts of $154 million from the U.S. Army. On February 12, the U.S. Army awarded another $75 million contract for 600 radar-guided Coyote 2C interceptors. Recent contracts from the Pentagon, funded by Ukraine security assistance funds, allocated $192 million for delivery of Advanced Medium Range Air-to-Air Missiles from RTX.Boeing Company (NYSE:BA) is one of the world's leading aerospace and defense corporations in the world. On January 31, Reuters reported that the company has supplied advanced ground-launched, GPS-guided bombs to Ukraine as part of the latest U.S. arms package. These new weapons, including the Ground-Launched Small Diameter Bombs (GLSDB), aim to increase Ukraine's military capabilities with its 100-mile strike range. In February 2024, Boeing Company (NYSE:BA) secured significant contracts with the U.S. government, including a $405 million modification contract for the U.S. Air Force and a contract valued at $1.61 billion for providing guidance system support at Hill Air Force Base in Utah.The refugee crisis has continued to escalate in both 2023 and 2024, as conflict, violence, and fear of persecution forced millions of people out of their homes. Wars and geopolitical conflicts have had a major role in global displacements and refugee crises over the ages. With this context, let's take a look at the 20 most refugee-hosting countries in the world.20 Most Refugee-Hosting Countries in the WorldOur MethodologyTo make our list of the 20 most refugee-hosting countries in the world, we utilized the data provided by the United Nations High Commissioner for Refugees (UNHCR) in their Global Trends Report 2022. We cross-referenced this with data from the World Bank and statistics provided by the European Commission. We then compiled a list of the most refugee-hosting countries in the world. Here are the 20 most refugee-hosting countries in the world ranked in ascending order of their refugee population as of 2022, sourced from the World Bank.Note: We have excluded Russia, The Democratic Republic of the Congo, Syria, Gaza and Sudan from our ranking.20 Most Refugee-Hosting Countries in the World20. EgyptNumber of Refugees and Asylum Seekers: 294,632Egypt has been a leading example for hosting refugees. Egypt is the main recipient of people fleeing the ongoing conflict in Sudan. The Sudan crisis has prompted an emergency response at Egypt’s southern border.19. ItalyNumber of Refugees and Asylum Seekers: 296,181Italy provides accommodation within reception facilities for immigrants. Additionally, they offer access to various services, including social and psychological assistance, healthcare, legal support, and language courses. Most of the refugees originate from Afghanistan, Syria, and Ukraine.18. SpainNumber of Refugees and Asylum Seekers: 317,751Spain has implemented several support programs for refugees. The government provides housing and accommodation facilities, refugees can stay in these facilities for up to 18 months. Refugees primarily come from Syria, Mali, and Venezuela. 17. United KingdomNumber of Refugees and Asylum Seekers: 328,989The United Kingdom has a proud history of offering safety and sanctuary to those in need. The United Kingdom hosts refugees fleeing from war-torn regions such as Syria, Iraq, and Afghanistan. Refugees play a vital role in enriching local communities and contributing economically.16. United States Number of Refugees and Asylum Seekers: 363,059The United States has welcomed vulnerable refugees, including those at risk due to violence, torture, or medical needs. Most of the refugees come from Afghanistan, Venezuela, and Syria. Refugees contribute positively to society, integrating into communities across all states.15. CzechiaNumber of Refugees and Asylum Seekers: 435,212Czechia has seen an increase in the number of refugees seeking asylum, with many refugees coming from Ukraine. The government has received some criticism for its management of the refugee crisis however, it is now striving to offer support and opportunities for refugees.14. CameroonNumber of Refugees and Asylum Seekers: 473,887Cameroon hosts around 473,887 refugees and asylum seekers. The refugees mostly come from the Central African Republic and Nigeria. Most refugees live in towns and villages along Cameroon's eastern border, with approximately 120,000 Nigerian refugees residing in the Far North Region of Cameroon.13. KenyaNumber of Refugees and Asylum Seekers: 504,473Kenya hosts refugees primarily originating from Somalia, South Sudan, the Democratic Republic of the Congo, Ethiopia, and Burundi. Refugees cannot leave the camps due to the encampment policy, and their access to services and aid relies on international assistance.12. ChadNumber of Refugees and Asylum Seekers: 592,764Chad is also one of the least developed countries that hosts refugees. Chad accommodates refugees originating from conflicts in Sudan, the Central African Republic, and Cameroon. Additionally, more than 125,000 refugees and asylum seekers from the Central African Republic have sought refuge in Chad, fleeing various waves of violence since 2005.11. FranceNumber of Refugees and Asylum Seekers: 612,934France provides legal protection and assistance to refugees through various support programs. These refugees often face challenges such as language barriers, cultural adjustment, and accessing education and employment opportunities. The French law entitles asylum seekers to accommodation in a state reception center. The main countries of origin are Afghanistan, Syria, Sri Lanka, Russia, and the Democratic Republic of Congo.10. EthiopiaNumber of Refugees and Asylum Seekers: 930,000Ethiopia hosts over 930,000 refugees and asylum seekers, with the majority coming from South Sudan, Somalia, and Eritrea as of July 2023. Refugees across Ethiopia are suffering from an extreme lack of food and require international assistance.9. BangladeshNumber of Refugees and Asylum Seekers: 952,384Bangladesh hosts Rohingya refugees from Myanmar who reside in 33 extremely congested camps in Cox’s Bazar district and on Bhasan Char, an island located 60 km from the Bangladesh mainland. 8. PolandNumber of Refugees and Asylum Seekers: 971,129Poland is the biggest country in central Europe, which borders Ukraine and Belarus. Following the invasion, over 900,000 Ukrainians sought refuge in Poland, while others were citizens of Russia and Belarus. 7. LebanonNumber of Refugees and Asylum Seekers: 1,306,143Lebanon is the world’s largest refugee-hosting country by number of refugees per capita and per square kilometer. Refugee communities in the country have been especially affected by rising poverty caused by a severe economic crisis. Disruptions across supply chains have led to constrained access to essential services such as food, healthcare, education, and basic necessities.6. UgandaNumber of Refugees and Asylum Seekers: 1,463,523Uganda is the most refugee-hosting country in Africa. The majority of refugees originate from South Sudan, the Democratic Republic of the Congo, Somalia, and Burundi. These refugees predominantly reside in settlements spread across twelve districts, coexisting with host communities, which poses economic and environmental difficulties.Click to continue reading 5 Most Refugee-Hosting Countries in the World.Suggested Articles:20 Countries with Most Credit Card Debt in the WorldTop 25 Oil Exporting Countries in the World in 202425 Countries with the Strongest Armies in the WorldDisclosure: None. 20 Most Refugee-Hosting Countries in the World was originally published at Insider Monkey.

Insider Monkey

20 Most Refugee-Hosting Countries in the World

https://finance.yahoo.com/news/20-most-refugee-hosting-countries-190930024.html

33261f83-1a86-32cf-a49d-49c52b129ce6

RVTY

WALTHAM, Mass., February 21, 2024--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY) today announced it will present at the following investor conferences in February and March 2024:Citi's 2024 Unplugged MedTech and Life Sciences Access Day - New York City, NYThursday, February 29, 20248:00 a.m. ET - Max Krakowiak, senior vice president and chief financial officerTD Cowen 44th Annual Health Care Conference – Boston, MAMonday, March 4, 20249:10 a.m. ET - Prahlad Singh, president and chief executive officerRaymond James 45th Annual Institutional Investors Conference – Orlando, FLTuesday, March 5, 20249:15 a.m. ET - Max KrakowiakBarclays Global Healthcare Conference – Miami, FLTuesday, March 12, 20249:30 a.m. ET - Prahlad SinghKeyBanc 4th Annual Life Sciences & MedTech Investor Forum - VirtualWednesday, March 20, 20249:00 a.m. ET– Yves Dubaquie, senior vice president, diagnostics and Steve Willoughby, senior vice president, investor relations & ESGAttendees will receive an update on the Company and its strategic priorities.Live audio webcasts will be available on the Events section of the Company’s website. Replays of the presentations will be posted on the Revvity Investor Relations website after the events and will be available for at least 30 days.About RevvityAt Revvity, "impossible" is inspiration, and "can’t be done" is a call to action. Revvity provides health science solutions, technologies, expertise and services that deliver complete workflows from discovery to development, and diagnosis to cure. Revvity is revolutionizing what’s possible in healthcare, with specialized focus areas in translational multi-omics technologies, biomarker identification, imaging, prediction, screening, detection and diagnosis, informatics and more.With 2023 revenue of more than $2.7 billion and over 11,000 employees, Revvity serves customers across pharmaceutical and biotech, diagnostic labs, academia and governments. It is part of the S&P 500 index and has customers in more than 190 countries.Story continuesStay updated by following our Newsroom, LinkedIn, X, YouTube, Facebook and Instagram.View source version on businesswire.com: https://www.businesswire.com/news/home/20240221061578/en/ContactsInvestor Relations: Steve [email protected] Relations: Chet Murray(781) [email protected]

Business Wire

Revvity to Present at Upcoming Investor Conferences

https://finance.yahoo.com/news/revvity-present-upcoming-investor-conferences-130000125.html

e9058dff-6ea8-3080-9995-82c4ebedb9d5

RVTY

Revvity, Inc. (NYSE:RVTY) saw a decent share price growth of 19% on the NYSE over the last few months. While good news for shareholders, the company has traded much higher in the past year. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, what if the stock is still a bargain? Today we will analyse the most recent data on Revvity’s outlook and valuation to see if the opportunity still exists. View our latest analysis for Revvity What's The Opportunity In Revvity?Revvity appears to be expensive according to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average. In this instance, we’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows. We find that Revvity’s ratio of 71.8x is above its peer average of 43.72x, which suggests the stock is trading at a higher price compared to the Life Sciences industry. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Given that Revvity’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility.What does the future of Revvity look like?earnings-and-revenue-growthInvestors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. Revvity's earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value.Story continuesWhat This Means For YouAre you a shareholder? RVTY’s optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe RVTY should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.Are you a potential investor? If you’ve been keeping an eye on RVTY for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for RVTY, which means it’s worth diving deeper into other factors in order to take advantage of the next price drop.So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. Case in point: We've spotted 2 warning signs for Revvity you should be aware of.If you are no longer interested in Revvity, you can use our free platform to see our list of over 50 other stocks with a high growth potential.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Is Now The Time To Look At Buying Revvity, Inc. (NYSE:RVTY)?

https://finance.yahoo.com/news/now-time-look-buying-revvity-140136768.html

200bbb95-2d8c-385a-9851-e7bec21022b3

RVTY

Revvity Inc (NYSE:RVTY) showcases robust growth in the health science solutions sector.Strategic acquisitions and innovative product launches position Revvity Inc (NYSE:RVTY) for competitive advantage.Market value of common stock held by non-affiliates reached $14.7 billion as of June 30, 2023.Revvity Inc (NYSE:RVTY) faces challenges in a rapidly evolving technological landscape and regulatory environment.Warning! GuruFocus has detected 5 Warning Signs with RVTY.On February 27, 2024, Revvity Inc (NYSE:RVTY), a leader in health science solutions, filed its 10-K report, revealing a comprehensive overview of its financial and strategic position. With a market value of common stock held by non-affiliates reaching approximately $14.7 billion as of mid-2023, Revvity Inc stands as a formidable player in the pharmaceutical, biomedical, and industrial markets. The company's strategic focus on innovation and customer-centric solutions has driven its growth trajectory. However, as with any enterprise, Revvity Inc faces a dynamic set of challenges and opportunities that shape its operational and financial landscape.Decoding Revvity Inc (RVTY): A Strategic SWOT InsightStrengthsMarket Position and Brand Recognition: Revvity Inc (NYSE:RVTY) has established a strong market presence with its diversified portfolio in diagnostics and life sciences. The company's brand recognition is bolstered by its listing on the New York Stock Exchange and inclusion in the S&P 500 Index, signaling a level of prestige and financial stability that resonates with investors and customers alike. With a global reach spanning over 160 countries and a workforce of approximately 11,500 employees, Revvity's market position is both expansive and influential.Innovative Product Pipeline: Revvity's commitment to innovation is evident in its extensive product offerings, which include advanced technologies like the Opera Phenix Plus high-content screening system and the VICTOR Nivo multimode plate reader. These products not only enhance the company's competitive edge but also demonstrate its ability to meet the evolving needs of the life sciences and diagnostics markets. The company's focus on research and development, coupled with strategic acquisitions, ensures a continuous stream of innovative solutions that drive growth and customer loyalty.Story continuesWeaknessesDependence on Rapid Technological Advancements: The health science solutions industry is characterized by rapid technological changes, which necessitates continuous investment in research and development. Revvity Inc (NYSE:RVTY) must consistently innovate to maintain its market position, which can strain financial resources and require a delicate balance between current operations and future investments. Failure to keep pace with technological advancements could result in loss of market share and reduced revenue growth.Regulatory Risks: Revvity operates in a highly regulated environment, where changes in regulations can significantly impact operations. Compliance with these regulations requires substantial resources, and any failure to comply could lead to penalties, damage to reputation, and potential loss of business. The complexity of navigating global regulatory landscapes poses a constant challenge for Revvity Inc, impacting its ability to quickly bring new products to market and expand into new territories.OpportunitiesExpansion into Emerging Markets: Revvity Inc (NYSE:RVTY) has the opportunity to further penetrate emerging markets, where demand for health science solutions is growing rapidly. By leveraging its existing global infrastructure and expertise, Revvity can capitalize on untapped markets to drive revenue growth. Strategic partnerships and localized product offerings could facilitate this expansion, allowing Revvity to diversify its revenue streams and reduce dependence on mature markets.Strategic Partnerships and Collaborations: Collaborating with academic institutions, biotech firms, and pharmaceutical companies can lead to the development of groundbreaking solutions and open new revenue channels. Revvity's established reputation and market position make it an attractive partner for such collaborations, which can accelerate innovation and provide access to new technologies and intellectual property.ThreatsIntense Competition: The health science solutions sector is highly competitive, with numerous players vying for market share. Revvity Inc (NYSE:RVTY) faces competition from companies that may have greater financial resources, more extensive product lines, or lower pricing strategies. To remain competitive, Revvity must continue to invest in product development, marketing, and customer service, which can impact profit margins and operational efficiency.Economic and Political Uncertainties: Global economic and political conditions, such as trade policies, currency fluctuations, and geopolitical tensions, can affect Revvity's operations and financial performance. The ongoing conflicts in regions like Ukraine and the Middle East, for example, could disrupt supply chains and customer activities, posing risks to the company's international business operations.In conclusion, Revvity Inc (NYSE:RVTY) presents a strong market position and a commitment to innovation that are central to its success. However, the company must navigate the challenges of a rapidly evolving technological landscape and a complex regulatory environment. By leveraging its strengths, addressing its weaknesses, capitalizing on opportunities, and mitigating threats, Revvity Inc is poised to maintain its leadership in the health science solutions sector and continue delivering value to its stakeholders.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

Decoding Revvity Inc (RVTY): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-revvity-inc-rvty-strategic-050325631.html

2d791b2f-a1ae-3145-9e55-c1aa705a718e

RVTY

The biotech company is advancing new offerings in part to offset revenue declines while also trying to bring costs down.Continue reading

The Wall Street Journal

Moderna Looks to Pare R&D Spending Even as It Pivots From Covid Vaccines

https://finance.yahoo.com/m/8b6de647-81ff-3d46-ae3f-029e67da17d0/moderna-looks-to-pare-r-d.html

8b6de647-81ff-3d46-ae3f-029e67da17d0

SBAC

SBA Communications (SBAC) came out with quarterly funds from operations (FFO) of $3.37 per share, beating the Zacks Consensus Estimate of $3.32 per share. This compares to FFO of $3.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 1.51%. A quarter ago, it was expected that this communications tower operator would post FFO of $3.23 per share when it actually produced FFO of $3.34, delivering a surprise of 3.41%.Over the last four quarters, the company has surpassed consensus FFO estimates four times.SBA Communications , which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $675.02 million for the quarter ended December 2023, missing the Zacks Consensus Estimate by 1.29%. This compares to year-ago revenues of $686.09 million. The company has topped consensus revenue estimates two times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.SBA Communications shares have lost about 16.1% since the beginning of the year versus the S&P 500's gain of 6.7%.What's Next for SBA Communications?While SBA Communications has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.Story continuesAhead of this earnings release, the estimate revisions trend for SBA Communications: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $3.34 on $679.52 million in revenues for the coming quarter and $13.49 on $2.74 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Clipper Realty Inc. (CLPR), another stock in the same industry, has yet to report results for the quarter ended December 2023. The results are expected to be released on March 14.This company is expected to post quarterly earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of +45.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.Clipper Realty Inc.'s revenues are expected to be $37.9 million, up 14.8% from the year-ago quarter.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSBA Communications Corporation (SBAC) : Free Stock Analysis ReportClipper Realty Inc. (CLPR) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

SBA Communications (SBAC) Beats Q4 FFO Estimates

https://finance.yahoo.com/news/sba-communications-sbac-beats-q4-221504514.html

0a395c0a-1e98-342d-899c-a09653ba0023

SBAC

SBA Communications (SBAC) reported $675.02 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 1.6%. EPS of $3.37 for the same period compares to $0.94 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $683.81 million, representing a surprise of -1.29%. The company delivered an EPS surprise of +1.51%, with the consensus EPS estimate being $3.32.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how SBA Communications performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Sites owned - Domestic: 17,487 versus the two-analyst average estimate of 17,480.Sites owned - International: 22,131 compared to the 22,376 average estimate based on two analysts.Sites owned - Total: 39,618 versus 39,741 estimated by two analysts on average.Sites built - Total: 138 versus 87 estimated by two analysts on average.Sites decommissioned - Total: -89 compared to the -27 average estimate based on two analysts.Sites acquired - Total: 23 versus 165 estimated by two analysts on average.Revenues- Site Development: $38.94 million versus $43.68 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -49.1% change.Revenues- Site Leasing: $636.08 million versus $640.45 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +4.3% change.Revenues- Domestic Site Leasing: $466.60 million versus $468.57 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +3% change.Revenues- International Site Leasing: $169.49 million versus $169.24 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.2% change.Net Earnings Per Share (Diluted): $1.01 versus the five-analyst average estimate of $1.32.Segment operating profit- Site Leasing (Domestic + International): $516.81 million compared to the $524.23 million average estimate based on three analysts.Story continuesView all Key Company Metrics for SBA Communications here>>>Shares of SBA Communications have returned -6.6% over the past month versus the Zacks S&P 500 composite's +4.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSBA Communications Corporation (SBAC) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

SBA Communications (SBAC) Reports Q4 Earnings: What Key Metrics Have to Say

https://finance.yahoo.com/news/sba-communications-sbac-reports-q4-223003658.html

90a5eb23-e460-3ad9-aa70-ec4387bab1cb

SBAC

SBA Communications (NASDAQ:SBAC), offering critical infrastructure to telecom giants through its ~40,000 towers, has seen its stock come under pressure lately. The reasoning seems to involve lackluster Site Development revenues. Yet, this is a non-core division for SBA and likely serves another purpose. In the meantime, SBA’s core Site Leasing business continues to deliver solid metrics. Investors should likely focus on that, as SBA’s ability to create strong shareholder value remains robust. Hence, I am bullish on SBAC stock.Focus on SBA’s Core Business, Not Development RevenuesTo reasonably assess SBA’s investment case, I believe that investors should focus on its core business. The seeming downturn in SBA’s Site Development throughout 2023, which has likely contributed notably to keeping shares under pressure, should be largely irrelevant to the stock’s investment case. Let’s take a look at the company’s recent numbers, which will illustrate my point.For context, SBA’s revenue mix can be split into two parts: Site Leasing, which is the company’s main cash flow source, comprising 93% of its total revenues in Fiscal 2023, and Site Development, which made up the remaining 7% for the year.Source: SBA’s Latest 10K FilingSite Leasing – All That Really MattersAll that matters for SBA is delivering robust performance in its core Site Leasing segment. This is because the recurring nature of the segment’s revenue and the underlying organic growth drivers set to push it higher over time are what ensure the REIT’s long-term success.Site Leasing revenues once again grew by 3.7% and 7.7% in Q4 and FY2023, respectively. In addition to acquiring and constructing new towers, the division’s growth was driven by organic catalysts, including expanding the number of tenants and/or antennas per tenant on each telecom tower and SBA enforcing the annual rent escalation mechanism embedded into long-term leases.The Site Leasing revenue bridge below, comparing the end of 2022 to the end of 2023, underscores these drivers and the overall mission-critical aspect of SBA’s core business model. As you can see, SBA maintained a tenant churn as low as 3.5% last year ($82 million in churn against $2.34 billion of revenues last year). This is because SBA’s telecom towers comprise essential infrastructure for the major telecom providers that lease them.Story continuesIn fact, evident by the $97 million in new leases and amendments, which more than offset this figure, the churn itself can be largely attributed to antenna relocations by lessees to enhance efficiency. Therefore, the churn itself is by no means indicative of SBA’s tenants struggling to meet payment obligations, which we would otherwise assume if we were assessing a conventional (retail, commercial, industrial) REIT.Site Development – Strong Financials Are Not Necessarily the GoalBesides its core Site Leasing business, which generates the majority of revenues and is non-cyclical in nature, SBA also has a Site Development business. However, it’s essential for investors to recognize two things here:First, it’s crucial to note the cyclical nature of this business when evaluating SBA’s overall performance. Notably, the only reason SBA’s total revenues declined in Q4 was due to the 49.1% drop in Site Development revenues.Second, it’s essential to understand that SBA partly maintains this business to maintain strong relationships with the telecom majors that lease its towers. It doesn’t seem like making actual money from this division is a concern for SBA.Here’s what SBA outlined in its latest 10K filing:Our site development business…is complementary to our site leasing business and provides us the ability to keep in close contact with the wireless service providers that generate substantially all of our site leasing revenue and to capture ancillary revenues that are generated by our site leasing activities, such as antenna and equipment installation at our tower locations.SBA CommunicationsConsidering that two-thirds of SBA’s total revenue comes from T-Mobile (NASDAQ:TMUS), AT&T (NYSE:T), and Verizon (NYSE:VZ), it’s important for SBA to maintain solid relationships with these giants. Nevertheless, the Site Development division should be viewed more as a strategic component for market positioning rather than a substantial revenue stream. After all, this division doesn’t generate substantial profits.Profitability Remains Very Strong, Forms Compelling OpportunityBesides SBA’s revenue mix, it’s important to remember that its underlying profitability prospects remain very strong. Therefore, its capacity to continue to create shareholder value also remains very strong.In particular, SBA’s adjusted funds from operations per share (AFFO/share, a cash-flow metric used by REITs) for Fiscal 2023 came in at a record $13.08, up 12.7% compared to the previous year. Further, management expects AFFO/share to be between $13.15 and $13.51, the midpoint of which implies another year of record profitability.Given SBA’s highly resilient business model, continuous growth in its core leasing division, expanding profitability, and growing capital returns (its quarterly dividend was raised by 15.3% to a rate of $0.98 in February), combined with the fact that shares are currently hovering at their 2019 levels, form a compelling buying opportunity, in my view.Is SBA Stock a Buy, According to Analysts?Looking at Wall Street’s view on SBA Communications, the stock has attracted a Strong Buy consensus rating based on seven Buys and two Holds assigned in the past three months. At $264, the average SBA Communications stock forecast implies 21.7% upside potential.If you’re wondering which analyst you should follow if you want to buy and sell SBA stock, the most accurate analyst covering the stock (on a one-year timeframe) is Ric Prentiss from Raymond James, with an average return of 10.83% per rating and a 76% success rate. Click on the image below to learn more.The TakeawayOverall, while recent setbacks in SBA’s non-core business may have spooked investors, I believe that a closer look at its revenue mix reveals a more comforting reality. SBA’s Site Leasing, which constitutes the majority of revenues, showcases consistent growth and stability. In the meantime, the Site Development division should be appreciated, as it’s of strategic importance for SBA and should not be assessed based on its underlying financials.Simultaneously, SBA’s strong profitability last year, promising outlook, and rapidly growing dividend form a compelling opportunity against the stock’s pressured price.Disclosure

TipRanks

SBAC Stock: Ignore Site Development Issues; Look at Site Leasing

https://finance.yahoo.com/news/sbac-stock-ignore-development-issues-035818017.html

de477733-1e38-3982-8504-1bf983b58e00

SBAC

SBA Communications Corp (NASDAQ:SBAC), a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells, has reported an insider sale according to a recent SEC filing. Director Mary Chan sold 1,977 shares of the company on March 5, 2024.Mary Chan has been actively trading over the past year, with a total of 1,977 shares sold and no shares purchased. The insider's latest transaction involved the sale of 1,977 shares at a price point that has not been disclosed in the summary provided.The insider transaction history for SBA Communications Corp shows a pattern of insider sales over the past year, with no insider buys recorded and a total of 14 insider sells.On the valuation front, SBA Communications Corp shares were trading at $217.99 on the day of the insider's recent sale, bringing the company's market cap to approximately $24.18 billion. The price-earnings ratio stands at 48.52, which is above the industry median of 16.88 but below the company's historical median price-earnings ratio.Director Mary Chan Sells Shares of SBA Communications Corp (SBAC)The stock's current price relative to the GuruFocus Value (GF Value) indicates a price-to-GF-Value ratio of 0.62, suggesting that the stock may be a possible value trap and warrants caution before investing.Director Mary Chan Sells Shares of SBA Communications Corp (SBAC)The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.For investors monitoring insider activities, the recent sale by Director Mary Chan may be of interest as it contributes to the ongoing trend of insider sales at SBA Communications Corp.Warning! GuruFocus has detected 5 Warning Signs with SBAC.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

Director Mary Chan Sells Shares of SBA Communications Corp (SBAC)

https://finance.yahoo.com/news/director-mary-chan-sells-shares-045526298.html

fbf73ad7-ddc6-3bfb-9caa-d1039255d069

SBUX

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world.Luckin Coffee, the Chinese chain that has been rebuilding its business since a fraud scandal four years ago, has reported a commanding sales lead over rival Starbucks in the important China market.In 2023, Luckin generated total net revenue of 24.9 billion yuan ($3.5 billion), up 87% from a year earlier, according to its financial results released on Friday.It didn’t break down its revenue by geography, but the vast majority of its sales come from China. Internationally, it has only 30 outlets in Singapore, the first of which debuted last March.Starbucks (SBUX), in comparison, reported total revenue of $3.05 billion in China for fiscal 2023 that ended October 1, according to a CNN calculation based on the company’s quarterly results. The US coffee chain has not reported a full-year figure for China sales.Xiamen-based Luckin said its unaudited net income for 2023 reached 2.85 billion yuan ($396 million), compared to 488 million yuan ($68 million) in 2022, it said.Luckin, which already calls itself China’s biggest coffee chain, says it had surpassed Starbucks in mainland China by number of outlets in 2019.The surge in Luckin’s sales last year was partly driven by its rapid expansion. By the end of 2023, Luckin had 16,218 stores in China, nearly double its 2022 count of more than 8,200.Starbucks, by contrast, had 6,975 stores in China as of the end of January, according to the company’s latest quarterly result published earlier this year. That number was up 14.5% from a year earlier.Some of Luckin’s stores are self-operated, while others are run by partners. Starbucks’ outlets in China are entirely company-owned.Globally, Starbucks is still by far the largest coffee chain, with 38,586 stores worldwide. The United States and China are its two largest markets.Story continuesChina, once a tea-drinking nation, has become a global coffee industry powerhouse, despite grappling with numerous economic problems in recent years. Data from the International Coffee Organization last year showed that coffee consumption in the country grew 15% in the year ended in September.Much of this demand is driven by the younger generation. As many as 36% of coffee consumers in the country were between 25 and 34 years old, and 30% were between 35 and 44 years old, according to a 2021 survey by Daxue Consulting, a Chinese market research firm.The number of branded coffee shops in China jumped 58% in the past twelve months, reaching 49,691 outlets, according to a December report by World Coffee Portal. That helped China overtake the US as the world’s largest branded coffee shop market.Luckin acknowledged the fierce competition.“We remain focused on our pricing and expansion strategy to sustain our growth and market share,” said Jinyi Guo, chairman and chief executive officer of Luckin Coffee, in a statement that accompanied the company’s results.People visiting a Starbucks booth at an exhibition in Beijing on November 28, 2023 - VCG/Visual China Group/Getty ImagesLuckin was founded in 2017 and is backed by Chinese private equity firm Centurium Capital. It focuses on catering to young people, with mostly takeout booths and cashless payments. Its beverages are about 30% cheaper than those offered by Starbucks.Its bare bones stores usually offer only the most basic services, which has allowed the company to expand rapidly at a lower cost. It also requires consumers to use mobile phones to place orders, enabling them to collect extensive costumer data.Making a comebackBy 2019, the company had outnumbered Starbucks stores in China, with more than 4,500 outlets, according to the company.In 2019, Luckin went public in New York, where it was welcomed by investors who believed it could be a serious challenger to Starbucks.But the company was forced to retreat a year later following the admission that its earnings had been fabricated. Luckin was ultimately delisted from the Nasdaq, and its then chairman and CEO were both fired. It was also slapped with a $180 million fine by the US Securities and Exchange Commission.After that, the company pledged to rebuild its businesses. Centurium Capital, an early investor in the coffee chain, became its controlling shareholder.Despite being surpassed in both store count and now sales, Starbucks still maintains a wide lead over Luckin when it comes to profitability. The Chinese company’s profitability has suffered as a result of its rapid expansion.In response to the competition, Starbucks announced partnerships with Alibaba (BABA) and Meituan in 2018 and 2022, respectively, expanding its online reach to Chinese consumers.While Luckin created buzz last year with a collaboration with Chinese liquor brand Kweichow Moutai, Starbucks is also attracting eyeballs with its innovative new drinks.The American giant launched a pork-flavored coffee earlier this month, in an attempt to cater to local tastes and traditions. Priced at $9.45, the drink combines Dongpo Braised Pork Flavor Sauce with espresso and steamed milk, with extra pork sauce and pork breast meat for garnish.Hassan Tayir contributed reporting.Correction: An earlier version of this story incorrectly stated Luckin’s net income in 2023 and 2022.For more CNN news and newsletters create an account at CNN.com

CNN Business

In China’s battle of the lattes, Luckin Coffee keeps beating Starbucks

https://finance.yahoo.com/news/china-battle-lattes-luckin-coffee-075806050.html

4f19ea44-e331-360d-a89f-88b03befff1c

SBUX

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. That's why when we briefly looked at Starbucks' (NASDAQ:SBUX) ROCE trend, we were very happy with what we saw.What Is Return On Capital Employed (ROCE)?For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for Starbucks:Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)0.29 = US$5.8b ÷ (US$29b - US$9.4b) (Based on the trailing twelve months to December 2023).Thus, Starbucks has an ROCE of 29%. That's a fantastic return and not only that, it outpaces the average of 9.9% earned by companies in a similar industry. View our latest analysis for Starbucks roceIn the above chart we have measured Starbucks' prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Starbucks for free.What The Trend Of ROCE Can Tell UsIn terms of Starbucks' history of ROCE, it's quite impressive. The company has employed 36% more capital in the last five years, and the returns on that capital have remained stable at 29%. With returns that high, it's great that the business can continually reinvest its money at such appealing rates of return. If Starbucks can keep this up, we'd be very optimistic about its future.The Bottom Line On Starbucks' ROCEIn short, we'd argue Starbucks has the makings of a multi-bagger since its been able to compound its capital at very profitable rates of return. Therefore it's no surprise that shareholders have earned a respectable 49% return if they held over the last five years. So while investors seem to be recognizing these promising trends, we still believe the stock deserves further research.Story continuesStarbucks does have some risks, we noticed 2 warning signs (and 1 which is a bit concerning) we think you should know about.High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Starbucks (NASDAQ:SBUX) Knows How To Allocate Capital

https://finance.yahoo.com/news/starbucks-nasdaq-sbux-knows-allocate-120019840.html

64b8b533-747b-38b9-b54a-898c48431643

SBUX

In this article, we discuss 15 best NASDAQ dividend stocks to buy. You can skip our detailed analysis of NASDAQ stocks and the performance of dividend stocks over the years, and go directly to read 5 Best NASDAQ Dividend Stocks To Buy. The NASDAQ, which primarily consists of technology-related stocks, has been experiencing upward momentum since the previous year. In 2023, it saw remarkable growth, achieving its strongest performance since 2020 with an increase of over 43%. As of March 7, it has gained 10.21%, surpassing the broader market's gain of 8.72% this year so far. Notably, according to Jonathan Krinsky, a leading market analyst at BTIG, the NASDAQ-100, which is heavily concentrated in tech, has endured 303 consecutive trading sessions without experiencing a decline of 2.5% or more as of March 5, marking it as the third-longest period without such a significant pullback since 1990. Microsoft Corporation (NASDAQ:MSFT), NVIDIA Corporation (NASDAQ:NVDA), and Apple Inc. (NASDAQ:AAPL) are some of the best dividend stocks listed on the index.The impressive performance of NASDAQ can be largely attributed to the excitement surrounding artificial intelligence, which has driven up the prices of major technology stocks and boosted the overall market throughout 2023 and into the current year. Additionally, the easing of inflation and the Federal Reserve's indication of potential rate cuts later in 2024 have further supported NASDAQ's rebound from the challenges it faced in 2022. Despite the prevalence of technology companies in the NASDAQ index, many companies offer dividends to shareholders. A notable recent addition to the list of dividend-paying companies in the index is Meta Platforms, Inc. (NASDAQ:META), which made headlines in February of this year by declaring its inaugural dividend. This move marks a significant milestone for the technology sector, which has long been dominated by a select few companies for more than a decade.Story continuesMeta's decision to offer a dividend serves as evidence that investors are increasingly interested in dividend-paying stocks for their capacity to provide consistent and reliable income. This trend was evident in 2023 when companies in the US distributed record dividends to their shareholders. According to a report by Janus Henderson, the S&P 500 paid out an all-time high of $70.30 per share last year, a notable increase from $66.92 in 2022. This resulted in a total payment to shareholders reaching a record $588.2 billion, surpassing the previous year's figure of $564.6 billion. The report also mentioned that there were 707 instances of dividend increases reported in the fourth quarter of 2023. These increases amounted to a total of $17.5 billion for the quarter, showing an uptick from the $16.3 billion recorded in the fourth quarter of 2022.Furthermore, dividend-paying stocks have historically delivered robust returns. Since 1960, dividends have contributed to approximately one-third of the market's total return. Dividend stocks offer a degree of stability during periods of increased market volatility. According to a report by Perkins Coie, a Washington-based law firm, dividend-paying stocks exhibit 30%-33% lower volatility compared to non-dividend-paying stocks. This stability has been particularly notable during turbulent decades like the 1930s and 2000s, where dividend-paying stocks served as a buffer against significant declines in market prices. In addition to this, dividend-paying companies that consistently increase their dividends can provide better protection against inflation than bonds in an inflationary environment.In view of this, we will take a look at some of the best dividend stocks listed on NASDAQ.15 Best NASDAQ Dividend Stocks To BuyPhoto by nick chong on UnsplashOur Methodology:For this list, we scanned Insider Monkey’s database of 933 hedge funds as of the fourth quarter of 2023 and selected companies that are trading on the NASDAQ exchange and also pay dividends to shareholders. From that list, we picked 15 stocks with the highest number of hedge fund investors and ranked in ascending order of hedge funds’ sentiment toward them. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).15. Automatic Data Processing, Inc. (NASDAQ:ADP)Number of Hedge Fund Holders: 54Automatic Data Processing, Inc. (NASDAQ:ADP) is an American company that specializes in human capital management solutions, offering a wide range of services and software to help businesses manage their workforce efficiently. On January 10, the company declared a quarterly dividend of $1.40 per share, which was in line with its previous dividend. In 2023, the company achieved its 49th consecutive annual dividend growth, making ADP one of the best dividend stocks listed on NASDAQ. The stock offers a dividend yield of 2.31%, as of March 10.The number of hedge funds tracked by Insider Monkey owning stakes in Automatic Data Processing, Inc. (NASDAQ:ADP) grew to 54 in Q4 2023, from 50 in the previous quarter. The collective value of these stakes is over $3.13 billion.14. Gilead Sciences, Inc. (NASDAQ:GILD)Number of Hedge Fund Holders: 55Gilead Sciences, Inc. (NASDAQ:GILD) is a biopharmaceutical company that focuses on the development, manufacturing, and commercialization of innovative medicines, especially in areas of unmet medical need. The company was included in 55 hedge fund portfolios at the end of Q4 2023, which remained unchanged from the previous quarter, according to Insider Monkey's database. The stakes held by these hedge funds have a consolidated value of nearly $2.3 billion.Gilead Sciences, Inc. (NASDAQ:GILD), one of the best dividend stocks on our list, announced a 2.7% hike in its quarterly dividend at $0.77 per share on February 6. This was the company's ninth consecutive year of dividend growth. As of March 10, the stock has a dividend yield of 4.10%.13. Costco Wholesale Corporation (NASDAQ:COST)Number of Hedge Fund Holders: 57Costco Wholesale Corporation (NASDAQ:COST) is next on our list of the best dividend stocks listed on NASDAQ. The multinational retail corporation holds a 19-year track record of consistent dividend growth and offers a quarterly dividend of $1.02 per share. The stock's dividend yield on March 10 came in at 0.56%.At the end of Q4 2023, 57 hedge funds in Insider Monkey's database reported owning stakes in Costco Wholesale Corporation (NASDAQ:COST), compared with 65 a quarter earlier. These stakes have a collective value of more than $4 billion. With roughly 3 million shares, Fisher Asset Management was the company's leading stakeholder in Q4.12. Starbucks Corporation (NASDAQ:SBUX)Number of Hedge Fund Holders: 59Starbucks Corporation (NASDAQ:SBUX) is a multinational chain of coffeehouses and roastery reserves. The company's current quarterly dividend comes in at $0.57 per share for a dividend yield of 2.50%, as recorded on March 10. With a dividend growth streak spanning over 13 years, SBUX is one of the best dividend stocks listed on NASDAQ.According to Insider Monkey's database of Q4 2023, 59 hedge funds invested in Starbucks Corporation (NASDAQ:SBUX), down slightly from 60 in the previous quarter. These stakes are worth over $3.6 billion in total.11. Cisco Systems, Inc. (NASDAQ:CSCO)Number of Hedge Fund Holders: 60Cisco Systems, Inc. (NASDAQ:CSCO) is a California-based tech company that primarily operates in the networking and communications technology sector. On February 1, the company declared a 2.6% increase in its quarterly dividend to $0.40 per share. Through this hike, the company stretched its dividend growth streak to 17 years, which makes CSCO one of the best dividend stocks on our list. The stock has a dividend yield of 3.23%, as of March 10.As of the end of Q4 2023, 60 hedge funds in our database held stakes in Cisco Systems, Inc. (NASDAQ:CSCO), compared with 64 in the previous quarter. The overall value of these stakes is over $2.7 billion. AQR Capital Management owned the largest stake in the company in Q4.10. CSX Corporation (NASDAQ:CSX)Number of Hedge Fund Holders: 61CSX Corporation (NASDAQ:CSX) is an American transportation company that primarily operates in the railroad industry, providing rail-based freight transportation services. In February 2024, the company increased its dividend for the 19th consecutive year to $0.12 per share. With a dividend yield of 1.26% as of March 10, CSX is one of the best dividend stocks listed on NASDAQ.At the end of the fourth quarter of 2023, 61 hedge funds owned stakes in CSX Corporation (NASDAQ:CSX), compared with 62 in the preceding quarter. The total value of these stakes is $3.7 billion.9. Analog Devices, Inc. (NASDAQ:ADI)Number of Hedge Fund Holders: 62An American semiconductor company, Analog Devices, Inc. (NASDAQ:ADI) specializes in the design, manufacturing, and marketing of analog, mixed-signal, digital signal-processing integrated circuits. The company grew its quarterly dividend by 7% to $0.92 per share on February 21. This marked the company's 21st consecutive year of dividend growth. The stock offers a dividend yield of 1.88%, as of March 10. It is among the best dividend stocks on our list.At the end of December 2023, 62 hedge funds owned stakes in Analog Devices, Inc. (NASDAQ:ADI), compared with 64 in the previous quarter, as per Insider Monkey. The collective value of these stakes is over $4.44 billion. With over 4.3 million shares, Generation Investment Management was the company's leading stakeholder in Q4.8. Comcast Corporation (NASDAQ:CMCSA)Number of Hedge Fund Holders: 63Comcast Corporation (NASDAQ:CMCSA) is a multinational telecommunications and media conglomerate with a diverse range of operations. The company's dividend growth streak currently spans over 16 years, which makes it one of the best dividend stocks on our list. It offers a quarterly dividend of $0.31 per share and has a dividend yield of 2.91%, as of March 10.Insider Monkey's database for Q4 2023 indicated that 63 hedge funds owned stakes in Comcast Corporation (NASDAQ:CMCSA), down from 68 in the previous quarter. These stakes hold a value of over $4.27 billion in total.7. PepsiCo, Inc. (NASDAQ:PEP)Number of Hedge Fund Holders: 64With a dividend growth track record spanning over 52 years, PepsiCo, Inc. (NASDAQ:PEP) is next on our list of the best dividend stocks. The American beverage and snack company offers a quarterly dividend of $1.265 per share and has a dividend yield of 3.10%, as of March 10. The company has also announced a yearly dividend of $5.42 per share, marking a 7.1% rise from the previous dividend of $5.06 per share. This increase will take effect for the dividend anticipated to be distributed in June 2024.As of the end of Q4 2023, 64 hedge funds in Insider Monkey's database reported having stakes in PepsiCo, Inc. (NASDAQ:PEP), compared with 65 in the previous quarter. The total value of these stakes is over $4.55 billion. Among these hedge funds, Fundsmith LLP was the company's leading stakeholder in Q4.6. Amgen Inc. (NASDAQ:AMGN)Number of Hedge Fund Holders: 69Amgen Inc. (NASDAQ:AMGN) ranks sixth on our list of the best dividend stocks from the NASDAQ Composite. The multinational biopharmaceutical company has been growing its dividends for the past 11 years and currently offers a quarterly dividend of $2.25 per share. The stock's dividend yield on March 10 came in at 3.29%.Amgen Inc. (NASDAQ:AMGN) remained popular among elite funds at the end of Q4 2023, with 69 hedge funds investing in the company, up from 60 in the previous quarter. The stakes held by these funds are worth nearly $1.8 billion in total. Click to continue reading and see 5 Best NASDAQ Dividend Stocks To Buy.  Suggested articles:Wall Street Picked These 13 AI Stocks for 202412 Most Undervalued Biotech Stocks To Buy According To Hedge Funds13 Best Stocks To Buy and Hold ForeverDisclosure. None. 15 Best NASDAQ Dividend Stocks To Buy is originally published on Insider Monkey.

Insider Monkey

15 Best NASDAQ Dividend Stocks To Buy

https://finance.yahoo.com/news/15-best-nasdaq-dividend-stocks-120247625.html

7e47865a-4523-31c5-999a-2987c940211e

SBUX

In this piece, we are going to look at 15 Highest Quality Coffee Chains in the US. If you want to skip our detailed industry analysis of the coffee industry, you can go directly to 5 Highest Quality Coffee Chains in the US.Isn't coffee just the best? Made from beans grown in Africa and Asia, it's a classic go-to drink all over the world. After those beans go through the drying, roasting, and grinding process, we get that amazing cup we can't get enough of.In 2023, the coffee beans market was valued at around $35.23 billion, and it's expected to grow by 6.10% until 2032, hitting a whopping $60.07 billion. And get this: coffee isn't just delicious, it also packs some health perks like lowering the risk of diabetes and heart disease. That's probably why more and more people are jumping on the coffee bandwagon worldwide, and the trend is only going to get bigger in the future. Cheers to coffee and its awesome benefits!The US coffee market is set to hit a whopping $33.64 billion by 2029, chugging along at a solid 3.69% growth rate. Coffee chains are go-to spots for us busy bees — super convenient for those "get-up-and-go" coffee lovers. We Americans sure dig our top-quality java, and we're all about finding those perfect coffee spots that serve good vibes along with our daily brew.Instant coffee gets a high-five too for being a quick and easy fix when we need that caffeine hit fast. Artisanal coffee is all the rage, especially those single-origin blends that win over hearts (and wallets!). People are splurging more on unique coffee experiences, and Starbucks is even rolling out special roasteries for the single-origin coffee crowd.And hey, here's a neat twist: More folks are getting into certified coffee these days, caring about where their brew comes from. Those certifications promise quality coffee sourced sustainably, focusing on transparency, eco-friendly farming practices, and maintaining top-notch quality throughout the coffee-making journey. It's not just about the taste, it's about feeling good knowing you're sipping on the real deal from start to finish! So, let's raise a cup to great coffee and the journey to enjoy every sip!Story continuesAmidst the realm of coffee, let’s also see some of the biggest companies sitting amongst the players at the top of charts before we jump to 15 Highest Quality Coffee Chains in the US; namely, The Kraft Heinz Company (NASDAQGS:KHC), Nestlé S.A. (Other OTC:NSRGY), Starbucks Corporation (NASDAQGS:SBUX) are going to be discussed.The Kraft Heinz Company (NASDAQGS:KHC)The Kraft Heinz Company (NASDAQGS:KHC) Maxwell House came out swinging with their instant iced lattes with foam, shaking things up in July 2023. It's their first big launch in almost a decade, and they're looking to attract the younger crowd while battling it out with heavyweights like Starbucks and Dunkin'.Looks like their plan is working out as their net sales bumped up by 0.6% to $26.6 billion and net income shot up by a whopping 20.2% to $2.8 billion for the year 2023. It's clear Maxwell House is brewing up some serious success!Nestlé S.A. (Other OTC:NSRGY)Nestlé S.A. (Other OTC:NSRGY), one of the big players in the coffee world, had a pretty solid year in 2023. Their growth game was on point with organic growth at 7.2% and pricing at 7.5%. They did see a tiny dip in real internal growth, though, at -0.3%.They spread that success far and wide, rocking it in different spots and categories. Sales-wise, they raked in $105.61 billion, a tad lower than the previous year at $107.2 billion. Tough break, though, as foreign exchange hit them with a 7.8% blow and net divestitures chipped away at sales by 0.9%.Starbucks Corporation (NASDAQGS:SBUX)Starbucks Corporation (NASDAQGS:SBUX), another big player in the coffee world, kicked off the year like a boss! In Q1, which ended on 31 December 2023, they smashed records with consolidated net revenues hitting $9.4 billion, an 8% jump from the same quarter previous year.Moreover, their comparable store sales also went up by 5% globally, with both North America and International regions seeing a nice boost of 5% and 7%, respectively. And let's not forget the U.S. Starbucks Rewards gang – they hit a whopping 34.3 million members during the quarter.15 Highest Quality Coffee Chains in the USPhoto by nathan-dumlao-6VhPY27jdps-unsplashMethodologyTo construct our list of 15 Highest Quality Coffee Chains in the US, we first relied upon sources across that listed best coffee chains in America to curate initial list of coffee chains. From here, we noted down the ratings for each of the best high quality coffee chains from various sources (Tripadvisor, Yelp, Google etc.), that we got out of our consensus approach. Based on both, the ratings and number of ratings, we then ranked the coffee chains and now present to you this list of ours: 15 Highest Quality Coffee Chains in the US.By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.15. Dutch Bros. Coffee Rating: 4.5        Number of Ratings: 98Oh, Dutch Bros Coffee's origin story is so cool! From a humble pushcart on railroad tracks to a thriving coffee empire, their creamy brews are a must-try for coffee lovers. The white mocha cold brew and the Golden Eagle breve are definitely fan favorites, allowing Dutch Bros. Coffee grab a place in our list of Highest Quality Coffee Chains in the US.14. Alfred Coffee Rating: 4.5        Number of Ratings: 100Alfred Coffee is the bomb diggity with its eye-catching café designs and killer menu. And who can resist their iconic "But first, coffee" logo? They've got locations in LA, San Francisco, Austin, and even all the way to Kuwait and Saudi Arabia! The World Famous Iced Vanilla Latte is a must-try; it's like a party in your mouth.13. Ziggi’s Coffee            Rating: 4.5        Number of Ratings: 100Ziggi's Coffee is all about keeping it local with their coffee and food ingredients sourced from nearby vendors. Their menu is a dream with a variety of coffee options, alternatives, frozen treats, and fruit smoothies, along with some tasty food items. They've got different store setups, but the double drive-thru is the real MVP. Started by the dynamic duo, Brandon and Camrin Knudsen, in Longmont, Colorado back in 2004, they've been on a roll with locations popping up like daisies. From six spots in 2016 to a total of 76, as of 2023, they're making their mark.12. Ellianos Coffee         Rating: 4.6        Number of Ratings: 98Ellianos Coffee is like the drive-thru king of specialty coffee chains, rocking that double-sided action for speedy service without compromising quality, and making it into our list of Highest Quality Coffee Chains in the US. Their motto screams “Italian quality at America’s pace,” and they're all about dazzling their customers with top-notch drinks. Their menu is a flavor fiesta, with signature sips like Caffé Dolce, Milan Mint Mocha, Tuscany Toffee... you get the idea. Add in hot coffees, teas, smoothies galore, and even some tasty food treats like breakfast sandwiches and cookies.Founded in sunny Lake City, Florida, by the power couple Scott and Pam Stewart in 2002, Ellianos has blossomed into 26 locations across the US, as of 2023.11. Classic Rock Coffee Company and Kitchen           Rating: 4.5        Number of Ratings: 119Classic Rock Coffee Company and Kitchen draws inspiration from the Hard Rock Café but carves out its own niche in the market by targeting a Millennial-friendly hipster audience. The ambiance is enhanced by the constant soundtrack of upbeat classic rock music, creating an enjoyable atmosphere for customers to indulge in a variety of offerings such as coffee, frappes, smoothies, protein shakes, pastries, sandwiches, flatbreads, salads, and more. The interior is adorned with electric guitars, album covers, and collections of classic rock albums for patrons to peruse.Established in Springfield, Missouri in 2011, the company operates in eight locations worldwide, including six in the US, one in Egypt, and one in India, as of 2023.10. Caribou Coffee         Rating: 4.5        Number of Ratings: 122Number 10th on our list of Highest Quality Coffee Chains in the US is Caribou Coffee . Caribou Coffee prides itself on offering high-quality, handcrafted coffee-centric beverages with the slogan “Life is short. Stay awake for it.” Their menu features a wide array of classic and signature coffee drinks, along with tea, cocoa, and other beverages, as well as all-day breakfast items such as sandwiches, bagels, and baked goods. The company emphasizes sustainability by achieving various US coffeehouse milestones, such as obtaining 100% Rainforest Alliance certification and serving 100% Clean Label beverages. Caribou also sources its primary egg supply from cage-free sources for its breakfast items.Operating as part of the Panera Brands portfolio, along with Panera Bread and Bagel Brands, Caribou Coffee was founded in Minneapolis, Minnesota, in 1992 by John and Kim Puckett. While international franchising has been ongoing, the company officially launched its domestic franchising program in 2021. As of 2023, Caribou Coffee has over 750 locations globally, consisting of 339 company-owned, 144 non-traditional, and 288 franchised coffeehouses spanning 11 countries.9. It’s a Grind Coffee House   Rating: 4.4        Number of Ratings: 1419th on our list of Highest Quality Coffee Chains in the US is It’s a Grind Coffee House is all about serving up top-notch gourmet coffee, heavenly espresso drinks, and hip, healthy cold bevvies alongside some fresh-baked goodies in a cozy, community-centric vibe. Picture blues and jazz vibes paired with plush wingback chairs for that ultimate chill-out session. Started by the awesome duo Marty Cox and Louise Montgomery in Long Beach, California, back in 1995, It’s a Grind has been spreading the coffee love. With 81 locations and some on international soil, they're definitely making waves.8. Dunkin     Rating: 4.4        Number of Ratings: 174Dunkin', formerly known as Dunkin' Donuts, has rebranded to focus more on coffee and sandwiches, moving away from its original image. Renowned for its slogan "America Runs on Dunkin'," the franchise is a dominant player in the coffee industry worldwide. Dunkin' Brands, the parent company, also owns the Baskin-Robbins ice cream brand. Established in the mid-1940s by William Rosenberg as Open Kettle, the business transitioned to Dunkin' Donuts in 1950. Undergoing a significant refresh, the brand now offers a wider range of options, including espresso machines and cold-brew beverages on tap. Having begun franchising in 1955, Dunkin' experienced steady growth over the past decade, reaching a peak of 12,957 locations in 2020. While the number has slightly decreased since then, Dunkin' operates globally, with 3,713 outlets in almost 40 countries outside the US, all of which are franchised.7. The Coffee Bean & Tea Leaf          Rating: 4.5        Number of Ratings: 171The Coffee Bean and Tea Leaf is devoted to ethically sourcing its coffee and tea, establishing direct partnerships with farmers and growers. Through its "impacting lives from seed to cup" philosophy, the company's initiatives, such as the Caring Cup program, aim to support local schoolchildren in the US, promote employee development, and enhance the well-being of coffee and tea producers. Recently, in 2019, the chain was acquired by Jollibee Foods Corp., the largest restaurant company in the Philippines, for $350 million.Founded by Herb Hyman in 1963 in the Brentwood neighborhood of Los Angeles, California, The Coffee Bean and Tea Leaf boasts a global presence with more than 1,000 locations worldwide. The chain operates in dozen US states and the District of Columbia, as well as in 40 other countries internationally.6. Aroma Joe’s Coffee   Rating: 4.6        Number of Ratings: 165Aroma Joe’s Coffee distinguishes itself as a drive-thru chain guided by three principles: No intercoms, No mistakes, No attitudes. Targeting a younger demographic, the chain offers a variety of hot and cold coffee beverages, along with its own branded Rush energy drink. Aroma Joe's signature coffee blend, sourced from the best Arabica beans, is sustainably and ethically produced in Maine, where it is craft roasted by award-winning roasters and holds a 100% Rainforest Alliance Certification.Established in New Hampshire in 2000 by brothers Marty and Tim McKenna, and cousins Brian and Mike Sillon, Aroma Joe’s Coffee commenced franchising in 2013. The chain has expanded its footprint in recent years, growing from 42 locations in 2016 to the current total of 100+ outlets, all located in the US, with none being company-owned.Click to continue reading and find out about the 5 Highest Quality Coffee Chains in the US.Suggested Articles:15 Highest Quality Coffee Beans In The World12 Most Expensive Coffees in the World11 Best Coffee Stocks to Invest InDisclosure: None. 15 Highest Quality Coffee Chains in the US is originally published on Insider Monkey.

Insider Monkey

15 Highest Quality Coffee Chains in the US

https://finance.yahoo.com/news/15-highest-quality-coffee-chains-172812302.html

d2e06ae4-ef14-3043-be94-a9647df0b6cb

SCHW

Charles Schwab (NYSE:SCHW) Full Year 2023 ResultsKey Financial ResultsRevenue: US$18.8b (down 9.3% from FY 2022).Net income: US$4.65b (down 30% from FY 2022).Profit margin: 25% (down from 32% in FY 2022).EPS: US$2.55 (down from US$3.52 in FY 2022).earnings-and-revenue-growthAll figures shown in the chart above are for the trailing 12 month (TTM) periodCharles Schwab EPS Misses ExpectationsRevenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.0%.Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Capital Markets industry in the US.Performance of the American Capital Markets industry.The company's share price is broadly unchanged from a week ago.Risk AnalysisBefore we wrap up, we've discovered 1 warning sign for Charles Schwab that you should be aware of.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Charles Schwab Full Year 2023 Earnings: EPS Misses Expectations

https://finance.yahoo.com/news/charles-schwab-full-2023-earnings-113448862.html

9e41cd3d-9c44-3dfa-91dc-2e266e0a6995

SCHW

In the latest trading session, The Charles Schwab Corporation (SCHW) closed at $64.40, marking a -0.06% move from the previous day. This change was narrower than the S&P 500's 0.38% loss on the day. Meanwhile, the Dow experienced a drop of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.13%.Heading into today, shares of the company had gained 0.62% over the past month, lagging the Finance sector's gain of 3.85% and the S&P 500's gain of 4.74% in that time.The investment community will be closely monitoring the performance of The Charles Schwab Corporation in its forthcoming earnings report. The company is forecasted to report an EPS of $0.74, showcasing a 20.43% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $4.71 billion, indicating an 8.02% decline compared to the corresponding quarter of the prior year.For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.34 per share and a revenue of $19.7 billion, signifying shifts of +6.71% and +4.58%, respectively, from the last year.It's also important for investors to be aware of any recent modifications to analyst estimates for The Charles Schwab Corporation. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 2.45% downward. At present, The Charles Schwab Corporation boasts a Zacks Rank of #4 (Sell).Story continuesValuation is also important, so investors should note that The Charles Schwab Corporation has a Forward P/E ratio of 19.32 right now. Its industry sports an average Forward P/E of 16.62, so one might conclude that The Charles Schwab Corporation is trading at a premium comparatively.Investors should also note that SCHW has a PEG ratio of 1.26 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Financial - Investment Bank industry held an average PEG ratio of 1.12.The Financial - Investment Bank industry is part of the Finance sector. This group has a Zacks Industry Rank of 27, putting it in the top 11% of all 250+ industries.The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportThe Charles Schwab Corporation (SCHW) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

The Charles Schwab Corporation (SCHW) Stock Moves -0.06%: What You Should Know

https://finance.yahoo.com/news/charles-schwab-corporation-schw-stock-225009333.html

bfca9921-2022-3401-b4bd-65a9edd3ef44

SCHW

Investing in the stock market is one of the most effective ways to build long-term wealth, but the right investments are key to maximizing your earnings while limiting risk.Exchange-traded funds (ETFs) are baskets of securities bundled together into a single investment. Each fund may contain hundreds of stocks, and by investing in just one share of an ETF, you'll instantly own a stake in all of those companies. This can help you build a more diversified portfolio with next to no effort on your part.Growth ETFs are a subset of these funds that are designed to earn above-average returns over time. All the stocks in this type of ETF have the potential for faster-than-average growth, and theoretically, they should be able to beat the market over time.Not all growth ETFs are created equal, however, and some are better options than others. While there are never any guarantees when it comes to the stock market, these three funds could help you reach $500,000 or more from an investment of $200 a month while barely lifting a finger.1. Vanguard Growth ETFThe Vanguard Growth ETF (NYSEMKT: VUG) contains 208 stocks with the potential for above-average growth. One major advantage of this particular fund is its healthy mix of blue chip stocks and up-and-coming companies.The fund's top 10 holdings make up around 50% of its overall composition. These stocks are from behemoth corporations such as Apple, Amazon, Nvidia, Microsoft, and Visa. The other half of the fund is made up of smaller stocks. This mix can reduce your risk while still helping to maximize your earnings. Blue chip stocks may experience slower growth but are also generally strong and stable investments. Smaller stocks, on the other hand, carry more risk but have more potential for explosive growth.Over the last 10 years, this Vanguard fund has earned an average rate of return of 14.74% per year. If you were to invest, say, $200 per month while earning a 14% average annual return, here's approximately how much you could accumulate over time:Story continuesNumber of YearsTotal Portfolio Value20$218,00025$436,00030$856,00035$1,665,000Data source: Author's calculations via investor.gov.To reach $500,000 in total savings, you'd need to invest consistently for somewhere between 25 and 30 years. But the longer you're able to let your money grow (or the more you can contribute each month), the more you can potentially earn.2. Schwab U.S. Large-Cap Growth ETFThe Schwab U.S. Large-Cap Growth ETF (NYSEMKT: SCHG) contains 251 stocks with the potential for above-average growth. Similar to the Vanguard Growth ETF, the top 10 holdings make up around half of its total composition. However, when it comes to the way those stocks are spread across different industries, it's slightly more diversified.Around 45% of Schwab's U.S. Large-Cap Growth ETF's stocks are from the tech sector, compared to roughly 56% for the Vanguard ETF. While it's normal for growth ETFs to be heavily centered around tech stocks, the more a fund leans on one particular industry, the more risk it generally carries. Schwab's more diversified approach can help limit your risk.This ETF has earned an average annual return of 15.46% per year over the past 10 years, which is slightly higher than the Vanguard Growth ETF. If you were to invest $200 per month at a 15% average annual return, here's approximately how that would add up over time:Number of YearsTotal Portfolio Value20$246,00025$511,00030$1,043,00035$2,115,000Data source: Author's calculations via investor.gov.3. Invesco QQQInvesco QQQ (NASDAQ: QQQ) is the least diversified of the three ETFs on this list as it contains only 101 stocks with nearly 58% of them from the tech sector. However, it's also a powerhouse investment with significantly higher average annual returns than the other two funds.Over the past 10 years, QQQ has earned an average annual return of 17.66% per year. By investing $200 per month at a 17% average annual return, here's roughly how that could add up over time:Number of YearsTotal Portfolio Value20$312,00025$701,00030$1,554,00035$3,424,000Data source: Author's calculations via investor.gov.There's a big caveat with this ETF, though. While it's earned extraordinary returns over the past decade, there are no guarantees that it will be able to maintain these types of earnings over time.Growth ETFs, in general, are often more volatile than many other types of investments, and growth stocks usually carry more risk. Even the "safe" growth stocks tend to experience more extreme ups and downs in the short term than their more established counterparts.ETFs like QQQ can achieve impressive returns, but it's crucial to be aware of the risk that comes with those potential rewards. This fund may or may not continue earning similar returns in the future, compared to its past. Even if it does see explosive growth, the short term can be incredibly volatile. Before you buy, be sure you're prepared for that level of risk.Investing in growth ETFs is a fantastic way to build wealth, but the numbers are only one part of the equation. These types of investments are often more turbulent than other ETFs, so it's important to choose wisely based on your risk tolerance. As part of a well-diversified portfolio, the right growth ETF can help supercharge your savings.Should you invest $1,000 in Schwab Strategic Trust - Schwab U.s. Large-Cap Growth ETF right now?Before you buy stock in Schwab Strategic Trust - Schwab U.s. Large-Cap Growth ETF, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Schwab Strategic Trust - Schwab U.s. Large-Cap Growth ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.See the 10 stocks*Stock Advisor returns as of March 8, 2024John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Katie Brockman has positions in Vanguard Index Funds-Vanguard Growth ETF. The Motley Fool has positions in and recommends Amazon, Apple, Microsoft, Nvidia, Vanguard Index Funds-Vanguard Growth ETF, and Visa. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.3 Magnificent Growth ETFs to Turn $200 a Month Into $500,000 or More With Next to No Effort was originally published by The Motley Fool

Motley Fool

3 Magnificent Growth ETFs to Turn $200 a Month Into $500,000 or More With Next to No Effort

https://finance.yahoo.com/news/3-magnificent-growth-etfs-turn-160000979.html

64b4473a-e090-34e3-9ef9-726b2f780707

SCHW

The Charles Schwab Corporation (SCHW) closed at $66.95 in the latest trading session, marking a -0.33% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.11%. Meanwhile, the Dow experienced a rise of 0.12%, and the technology-dominated Nasdaq saw a decrease of 0.41%.Shares of the company have appreciated by 6% over the course of the past month, outperforming the Finance sector's gain of 4.89% and the S&P 500's gain of 2.7%.Analysts and investors alike will be keeping a close eye on the performance of The Charles Schwab Corporation in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.74, indicating a 20.43% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $4.71 billion, indicating a 7.99% decrease compared to the same quarter of the previous year.For the full year, the Zacks Consensus Estimates project earnings of $3.34 per share and a revenue of $19.71 billion, demonstrating changes of +6.71% and +4.62%, respectively, from the preceding year.Any recent changes to analyst estimates for The Charles Schwab Corporation should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.45% downward. The Charles Schwab Corporation is holding a Zacks Rank of #3 (Hold) right now.Story continuesLooking at valuation, The Charles Schwab Corporation is presently trading at a Forward P/E ratio of 20.12. Its industry sports an average Forward P/E of 17.19, so one might conclude that The Charles Schwab Corporation is trading at a premium comparatively.One should further note that SCHW currently holds a PEG ratio of 1.31. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Financial - Investment Bank industry had an average PEG ratio of 1.15 as trading concluded yesterday.The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 26, which puts it in the top 11% of all 250+ industries.The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportThe Charles Schwab Corporation (SCHW) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

The Charles Schwab Corporation (SCHW) Sees a More Significant Dip Than Broader Market: Some Facts to Know

https://finance.yahoo.com/news/charles-schwab-corporation-schw-sees-220018710.html

f2215118-4d67-372c-b0b1-27db9fa48376

SHW

The Sherwin-Williams Company (NYSE:SHW) will increase its dividend from last year's comparable payment on the 8th of March to $0.715. This takes the annual payment to 0.9% of the current stock price, which unfortunately is below what the industry is paying. View our latest analysis for Sherwin-Williams Sherwin-Williams' Dividend Is Well Covered By EarningsThe dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. However, prior to this announcement, Sherwin-Williams' dividend was comfortably covered by both cash flow and earnings. This means that most of what the business earns is being used to help it grow.Over the next year, EPS is forecast to expand by 38.1%. If the dividend continues on this path, the payout ratio could be 22% by next year, which we think can be pretty sustainable going forward.historic-dividendSherwin-Williams Has A Solid Track RecordEven over a long history of paying dividends, the company's distributions have been remarkably stable. Since 2014, the annual payment back then was $0.667, compared to the most recent full-year payment of $2.86. This works out to be a compound annual growth rate (CAGR) of approximately 16% a year over that time. Rapidly growing dividends for a long time is a very valuable feature for an income stock.The Dividend Looks Likely To GrowSome investors will be chomping at the bit to buy some of the company's stock based on its dividend history. We are encouraged to see that Sherwin-Williams has grown earnings per share at 19% per year over the past five years. A low payout ratio and decent growth suggests that the company is reinvesting well, and it also has plenty of room to increase the dividend over time.We Really Like Sherwin-Williams' DividendOverall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. Distributions are quite easily covered by earnings, which are also being converted to cash flows. All of these factors considered, we think this has solid potential as a dividend stock.It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. Taking the debate a bit further, we've identified 1 warning sign for Sherwin-Williams that investors need to be conscious of moving forward. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Sherwin-Williams (NYSE:SHW) Is Increasing Its Dividend To $0.715

https://finance.yahoo.com/news/sherwin-williams-nyse-shw-increasing-101755887.html

b9d0e429-4aae-339a-94be-9187ddfa31e1

SHW

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.Why This 1 Growth Stock Should Be On Your WatchlistGrowth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.Sherwin-Williams (SHW)Founded in 1866 and headquartered in Cleveland, OH, The Sherwin-Williams Company is into manufacturing and sales of paints, coatings and related products, primarily in the North and South America. It also has operations in the Caribbean region, Europe and Asia. Sherwin-Williams is one of the biggest paint companies in the United States and in the world. Its well-known brands include Dutch Boy, Minwax and Krylon. The company, on Jun 1, 2017, completed the purchase of rival paints maker Valspar in an all-cash transaction, creating a premier global paints and coatings company.SHW sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of B, and has a VGM Score of B. Earnings and sales are forecasted to increase 10.5% and 2.8% year-over-year, respectively.Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.15 to $11.44 per share. SHW also boasts an average earnings surprise of 12.1%.On a historic basis, Sherwin-Williams has generated cash flow growth of 8%, and is expected to report cash flow expansion of 15.7% this year.Investors should take the time to consider SHW for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.Story continuesWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportThe Sherwin-Williams Company (SHW) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Here's Why Sherwin-Williams (SHW) is a Strong Growth Stock

https://finance.yahoo.com/news/heres-why-sherwin-williams-shw-144512534.html

105fa42c-d689-306d-a981-1ae41809b0fb

SHW

Key InsightsThe projected fair value for Sherwin-Williams is US$270 based on 2 Stage Free Cash Flow to EquitySherwin-Williams' US$333 share price signals that it might be 23% overvaluedOur fair value estimate is 16% lower than Sherwin-Williams' analyst price target of US$322Today we'll do a simple run through of a valuation method used to estimate the attractiveness of The Sherwin-Williams Company (NYSE:SHW) as an investment opportunity by taking the forecast future cash flows of the company and discounting them back to today's value. This will be done using the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward.We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. View our latest analysis for Sherwin-Williams Is Sherwin-Williams Fairly Valued?We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, and so the sum of these future cash flows is then discounted to today's value:Story continues10-year free cash flow (FCF) estimate2024202520262027202820292030203120322033 Levered FCF ($, Millions) US$2.73bUS$3.05bUS$3.22bUS$3.35bUS$3.47bUS$3.58bUS$3.69bUS$3.79bUS$3.89bUS$3.98bGrowth Rate Estimate SourceAnalyst x10Analyst x11Analyst x5Est @ 4.09%Est @ 3.55%Est @ 3.17%Est @ 2.91%Est @ 2.72%Est @ 2.59%Est @ 2.50% Present Value ($, Millions) Discounted @ 7.0% US$2.6kUS$2.7kUS$2.6kUS$2.6kUS$2.5kUS$2.4kUS$2.3kUS$2.2kUS$2.1kUS$2.0k("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$24bAfter calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.3%. We discount the terminal cash flows to today's value at a cost of equity of 7.0%.Terminal Value (TV)= FCF2033 × (1 + g) ÷ (r – g) = US$4.0b× (1 + 2.3%) ÷ (7.0%– 2.3%) = US$87bPresent Value of Terminal Value (PVTV)= TV / (1 + r)10= US$87b÷ ( 1 + 7.0%)10= US$44bThe total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$68b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of US$333, the company appears slightly overvalued at the time of writing. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind.dcfImportant AssumptionsWe would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Sherwin-Williams as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.0%, which is based on a levered beta of 1.017. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.SWOT Analysis for Sherwin-WilliamsStrengthEarnings growth over the past year exceeded the industry.Debt is well covered by earnings and cashflows.Dividends are covered by earnings and cash flows.WeaknessDividend is low compared to the top 25% of dividend payers in the Chemicals market.Expensive based on P/E ratio and estimated fair value.OpportunityAnnual earnings are forecast to grow for the next 3 years.ThreatAnnual earnings are forecast to grow slower than the American market.Looking Ahead:Whilst important, the DCF calculation is only one of many factors that you need to assess for a company. The DCF model is not a perfect stock valuation tool. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. Why is the intrinsic value lower than the current share price? For Sherwin-Williams, we've compiled three pertinent elements you should further research:Risks: For instance, we've identified 1 warning sign for Sherwin-Williams that you should be aware of.Management:Have insiders been ramping up their shares to take advantage of the market's sentiment for SHW's future outlook? Check out our management and board analysis with insights on CEO compensation and governance factors.Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered!PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the NYSE every day. If you want to find the calculation for other stocks just search here.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Is The Sherwin-Williams Company (NYSE:SHW) Worth US$333 Based On Its Intrinsic Value?

https://finance.yahoo.com/news/sherwin-williams-company-nyse-shw-110021881.html

d40a3748-8437-3070-8301-008c3d638dcf

SHW

Gabelli FundsGREENWICH, Conn., March 06, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds is hosting its 15th Annual Specialty Chemicals Symposium now taking place at The University Club in New York, NY on Thursday, March 14, 2024.  The symposium will draw a variety of companies, with a focus on pricing power, margin recovery, interest rates, destocking, global supply chain, global demand trends, and the M&A environment.  Attendees will also have the opportunity to meet with managements in a one-on-one setting. Note that business attire is required for in-person attendance.Participating Companies:  8:20am Opening Remarks Rosemarie Morbelli, CFA Gabelli Funds    Wayne Pinsent, CFA Gabelli Funds     8:30 NOVONIX Limited (NASDAQ: NVX) Chris Burns, CEO*; Nick Liveris, CFO;    Scott Espenshade, Head of IR     9:00 5E Advanced Materials, Inc. (NASDAQ: FEAM)Paul Weibel, CFO;    J.T. Starzecki, Chief Marketing Officer     9:30 Arq, Inc. (NASDAQ: ARQ) Bob Rasmus, President & CEO;    Kimberly Hansen, VP of Finance     10:00 Quaker Houghton (NYSE: KWR)* Shane Hostetter, CFO;    Jeffrey Schnell, VP Investor Relations     10:30 The Sherwin-Williams Company (NYSE: SHW)* Jim Jaye, Senior VP Investor Relations & Corporate Communications    Eric Swanson, VP Investor Relations     11:00 Minerals Technologies (NYSE: MTX) Douglas Dietrich, Chairman/CEO;    Erik Aldag, CFO     11:30 Arcadium Lithium plc (NYSE: ALTM) Gilberto Antoniazzi, CFO;    Daniel Rosen, Director of Investor Relations     12:00pm Lunch Break       12:30 DuPont de Nemours, Inc. (NYSE: DD) Chris Mecray, VP Investor Relations     1:00 BASF Corporation (XETRA: BAS.DE) Alex Koehler, Investor Relations Officer     1:30 H.B. Fuller (NYSE: FUL) Steven Brazones, VP Investor Relations     2:00 Rayonier Advanced Materials (NYSE: RYAM)* De Lyle Bloomquist, CEO          *Participating Virtually              1x1 Meetings Only    AdvanSix Inc. (NYSE: ASIX)    Hawkins Inc. (NASDAQ: HWKN)*       Details:Gabelli Funds’ 15th Annual Specialty Chemicals SymposiumMarch 14, 20248:20 am - 2:30 pmThe University Club1 W 54th StNew York, NY 10019Conference Registration: https://m.gabelli.com/chemcials_prStory continuesGabelli Funds, LLC is a registered investment adviser with the Securities and Exchange Commission and is a wholly owned subsidiary of GAMCO Investors, Inc.Contact:Rosemarie J. Morbelli, CFA Senior VP, Specialty Chemicals (914) 921-7757   Wayne C. Pinsent, CFA VP, Specialty Chemicals (914) 921-8352

GlobeNewswire

Gabelli Funds to Host 15th Annual Specialty Chemicals Symposium Thursday, March 14, 2024

https://finance.yahoo.com/news/gabelli-funds-host-15th-annual-130000455.html

6b67d726-2d20-3eea-a9a9-1e98839cfc74

SJM

Major food companies are setting the table for investors.At the annual Consumer Analyst Group of New York (CAGNY) conference in Boca Raton, Fla., major packaged food brands with enticing dividend payouts such as PepsiCo (PEP), Coca-Cola (KO), Hershey's (HSY), Conagra Brands (CAG), and Molson Coors (TAP) presented updates to their businesses. Some even offered unexpected twists to their strategies.The overarching story from food companies centered on a return to normal. After a year of Ozempic fears settling in, a pullback in consumer spending amid higher prices, and a few lingering post-COVID supply chain issues, food execs were eager to move the narrative forward.Barring any further disruptions in 2024, one common theme from food companies was staying on track, Mizuho Securities managing director John Baumgartner told Yahoo Finance. "This is the first year now in probably three or four where you're sort of operating in normalized conditions. ... So I think [they have] a lot of hope that [they're] going to be in a stable environment."With the conference set to run through Friday, here are some other trends Yahoo Finance noticed on the ground.The Pop-Tarts mascot, Strawberry, poses for a photo before the Pop-Tarts Bowl on Thursday, Dec. 28, 2023, at Camping World Stadium, Orlando, Fla. (Peter Joneleit/Icon Sportswire via Getty Images) (Icon Sportswire via Getty Images)All eyes on volumeFood execs are focused on volume recovery, as Americans have scaled back how much they're buying because of high prices.Leaders at General Mills (GIS) and Conagra were "hesitant to comment on whether fiscal 2025 (beginning in June) could be a return to growth in line with long-term targets," Evercore ISI analyst David Palmer wrote in a note to clients from the event.Hershey and Mondelēz (MDLZ) called out "price pack architecture," which uses different sizes and price points, as a potential growth lever. "We've always capitalized on having different price points, different pack sizes, so that there's accessibility for everyone," Hershey CEO Michele Buck said to the crowd.Meanwhile, WK Kellogg Co is taking a different approach by providing value through nutrition, an idea that CEO Gary Pilnick believes will stick around.Story continues“We go through different business cycles, we go through different fads, different nutrition demands," Pilnick said. "There's something in [each of those trends] for cereal."Various types of Kellogg's cereals are pictured at a Ralphs grocery store in Pasadena, Calif., Aug. 3, 2015. (Mario Anzuoni/REUTERS) (REUTERS / Reuters)In the fourth quarter, WK Kellogg's revenue decreased by 2.7%, reflecting a 10% volume decline offset by price increases.Pilnick explained that affordable protein sources open up a new frontier for the cereal maker, which spun off from Kellogg’s snack business last year. In an interview with Yahoo Finance, he reiterated that cereal demand is "durable" as consumers’ preferences change.Pilnick added that a focus on nutrition also unlocks the premium market for WK Kellogg too, as shown by the company's Eat Your Mouth Off brand, the first cereal of its kind with 22 grams of plant-based protein and zero sugar.Innovating with new flavors, packaging, and marketingReimagining classics was another key strategy execs pointed to.They held up flavor innovation as one tactic. WK Kellogg's Pilnick said the company saw success bringing back customers with strawberry Frosted Flakes last year and the return of chocolate Frosted Flakes.J.M. Smucker Co.'s slide from its presentation at CAGNY 2024 teased a new flavor that will be added to the Uncrustables lineup in September. (Yahoo Finance)Meanwhile, J.M. Smucker (SJM) said it's adding raspberry Uncrustables to its lineup in September 2024 as it aims to deliver $800 million in net sales for its Uncrustables brand this fiscal year. The new flavor is part of a larger effort to lean into "a flavor for every day of the week."The company also announced its JIF peanut butter brand will launch a peanut butter and chocolate spread this summer. "Over 70% of peanut butter buyers are not purchasing a chocolate-flavor spread today, and we anticipate this innovation will be highly incremental to the brand," J.M. Smucker CEO Mark Smucker said.Packaging innovation offers another opportunity. PepsiCo chairman and CEO Ramon Laguarta said the company has invested in updating its packaging for “portion control” and “portability” as customers snack more throughout the day.PepsiCo chairman and CEO Ramon Luis Laguarta presents at CAGNY 2024. (Yahoo Finance)“We want to make sure that consumers can find us in many more occasions,” he said. Pepsi is also leaning into powders and tablets, “giving consumers the opportunity to find Gatorade or to use Gatorade in a much different way.”Food giants are also reengaging consumers through marketing campaigns with new partners.Hershey, for example, excited the CAGNY conference crowd by bringing in NBA legend Shaquille O'Neal to announce a partnership to “win” in the gummy segment, the fastest-growing sweets segment. Conagra Brands, meanwhile, shared that Dolly Parton's baking line is expanding into frozen shelves.Companies are looking for partnerships beyond grocery store shelves too. They're eager to tap into the market for dining away from home, which has seen prices continue to grow.For instance, did you know McCormick (MKC) launched a limited-time offering with McDonald's (MCD) in February for the McSpicy sandwich in the UK with Frank's RedHot sauce? Or that it teamed up with Wendy's (WEN) to launch a breakfast burrito served with Cholula hot sauce?“We're excited to continue to leverage our brands and our hot and spicy flavors to further penetrate menus and add the heat in away-from-home channels,” McCormick CFO Michael Smith said.The buzz around M&AWhile no major announcements were made, many companies teased that they're open to dealmaking but are waiting for the right company to come along.WK Kellogg's Pilnick said potential targets "would likely be [in the] center of the food business where our brands would resonate because you'd get cost synergies." However, he noted that WK Kellogg is not focused on M&A right now.Mondelēz CEO Dirk Van de Put gave investors insight into its M&A process. The company begins by building relationships with about 30 to 40 companies, most of which are family-owned, making gaining trust on both sides crucial."We can't forecast the timetable, but what I can say is that the pipeline is active," Van de Put said. Deals are getting “more expensive because there's more interest," he added. "We want to stay very disciplined."However, the next major food deal may not be a traditional acquisition.Mizuho's Baumgartner told Yahoo Finance that investors could see deals similar to Walmart's acquisition of Vizio, in which "food staples companies [acquire] differentiated tech companies" to gain a deeper understanding of consumers.—Brooke DiPalma is a senior reporter for Yahoo Finance. Follow her on Twitter at @BrookeDiPalma or email her at [email protected] the latest earnings reports and analysis, earnings whispers and expectations, and company earnings news, click hereRead the latest financial and business news from Yahoo Finance

Yahoo Finance

Food companies detail 3 big trends in packaged goods right now

https://finance.yahoo.com/news/food-companies-detail-3-big-trends-in-packaged-goods-right-now-184226912.html

71ffec86-ab06-412e-a006-2a7d90537490

SJM

Yahoo Finance Live previews the top stories and economic data investors should pay attention to for Tuesday, February 27, including earnings from companies like Lowe's (LOW) and J.M. Smucker (SJM), commentary from Federal Reserve Vice Chair for Supervision Michael Barr, and February's consumer confidence reading.For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.Editor's note: This article was written by Luke Carberry Mogan.Video TranscriptJOSH LIPTON: Time now for what to watch Tuesday, February 27 starting off on the earnings front. Earnings season we know is winding down here, but still some big names reporting tomorrow. Lowe's, Macy's, AutoZone, eBay, JM Smucker, and Masimo all set to post earnings. Lowe's reporting fourth quarter results before the opening bell, and stock having a solid start to the year it's up about 4%.JULIE HYMAN: Taking a look at the Fed, we're going to get some more commentary from one Federal Reserve official. Vice chair for Supervision Michael Barr speaking tomorrow giving us more insight on if and when the Fed could cut rates. this coming after comments from New York Fed President John Williams on Friday saying that the Central Bank is on track to cut interest rates quote, "later this year."JOSH LIPTON: And moving over to the economy, the monthly consumer confidence report from the Conference Board is out tomorrow measuring consumer attitudes regarding their finances. That number expected to tick up again making it four straight months of gains and providing another economic indicator ahead of Thursday's big PCE report tomorrow.

Yahoo Finance Video

Lowe's earnings, Fedspeak, Consumer data: What to Watch

https://finance.yahoo.com/video/lowes-earnings-fedspeak-consumer-data-222303124.html

def99de6-160e-39e4-8d10-8363268c0078

SJM

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.Why Investors Should Pay Attention to This Value StockDifferent than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.Smucker (SJM)Headquartered in Orrville, OH, the J.M. Smucker Company is a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America. Although majority of the company’s operations are concentrated in the United States, it also operates on an international basis. SJM is a Zacks Rank #3 (Hold) stock, with a Value Style Score of B and VGM Score of B. Shares are currently trading at a forward P/E of 12.8X for the current fiscal year compared to the Food - Miscellaneous industry's P/E of 17.1X. Additionally, SJM has a PEG Ratio of 2 and a Price/Cash Flow ratio of 9.4X. Value investors should also note SJM's Price/Sales ratio of 1.6X.A company's earnings performance is important for value investors as well. For fiscal 2024, three analysts revised their earnings estimate higher in the last 60 days for SJM, while the Zacks Consensus Estimate has increased $0.01 to $9.55 per share. SJM also holds an average earnings surprise of 7.5%.Investors should take the time to consider SJM for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.Story continuesWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportThe J. M. Smucker Company (SJM) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why Smucker (SJM) is a Top Value Stock for the Long-Term

https://finance.yahoo.com/news/why-smucker-sjm-top-value-144011977.html

b8ceb0b1-06cc-35b4-8cce-78ea51e5f751

SJM

Tarang Amin, a director at JM Smucker Co (NYSE:SJM), has increased his stake in the company according to a recent SEC filing. On February 29, 2024, the insider purchased 900 shares of the company at a price of $122.22 per share.Warning! GuruFocus has detected 4 Warning Signs with SJM.Over the past year, Tarang Amin has been actively engaging with the market regarding JM Smucker Co's stock. The insider has bought a total of 1,900 shares and sold a total of 7 shares in the company.The transaction history for insiders at JM Smucker Co shows a pattern of more sales than purchases over the past year. There have been 2 insider buys and 13 insider sells during this period.On the day of the insider's recent purchase, JM Smucker Co's shares were trading at $122.22, giving the company a market capitalization of $12.755 billion.The stock's price-to-GF-Value ratio stands at 0.85, with a GF Value of $144.58, indicating that JM Smucker Co is currently modestly undervalued.The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated based on historical trading multiples, an adjustment factor for past returns and growth, and future business performance estimates provided by Morningstar analysts.Director Tarang Amin Acquires Shares of JM Smucker Co (SJM)JM Smucker Co is a well-known manufacturer of branded food and beverage products. The company's portfolio includes coffee, pet food, snacks, and other consumer packaged goods. It is recognized for its iconic brands and commitment to quality products.Director Tarang Amin Acquires Shares of JM Smucker Co (SJM)This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

Director Tarang Amin Acquires Shares of JM Smucker Co (SJM)

https://finance.yahoo.com/news/director-tarang-amin-acquires-shares-043026873.html

a6948238-7f2b-34d3-8a53-678a5c301dbe

SLB

Schlumberger (SLB) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this world's largest oilfield services company have returned -3.8% over the past month versus the Zacks S&P 500 composite's +3% change. The Zacks Oil and Gas - Field Services industry, to which Schlumberger belongs, has gained 0.2% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.Schlumberger is expected to post earnings of $0.75 per share for the current quarter, representing a year-over-year change of +19.1%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.8%.For the current fiscal year, the consensus earnings estimate of $3.54 points to a change of +18.8% from the prior year. Over the last 30 days, this estimate has changed -0.4%.Story continuesFor the next fiscal year, the consensus earnings estimate of $4.22 indicates a change of +19.2% from what Schlumberger is expected to report a year ago. Over the past month, the estimate has changed -0.7%.With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Schlumberger.The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSProjected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.For Schlumberger, the consensus sales estimate for the current quarter of $8.67 billion indicates a year-over-year change of +12.1%. For the current and next fiscal years, $37.29 billion and $41.27 billion estimates indicate +12.5% and +10.7% changes, respectively.Last Reported Results and Surprise HistorySchlumberger reported revenues of $8.99 billion in the last reported quarter, representing a year-over-year change of +14.1%. EPS of $0.86 for the same period compares with $0.71 a year ago.Compared to the Zacks Consensus Estimate of $8.98 billion, the reported revenues represent a surprise of +0.09%. The EPS surprise was +2.38%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period.ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Schlumberger is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Schlumberger. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSchlumberger Limited (SLB) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Schlumberger Limited (SLB) is Attracting Investor Attention: Here is What You Should Know

https://finance.yahoo.com/news/schlumberger-limited-slb-attracting-investor-140012063.html

b8d4b002-2bda-3616-a634-4a68d263b563

SLB

Schlumberger (SLB) ended the recent trading session at $48.56, demonstrating a -0.53% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.38%. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, lost 0.13%.The world's largest oilfield services company's shares have seen a decrease of 7.75% over the last month, not keeping up with the Oils-Energy sector's gain of 5.11% and the S&P 500's gain of 4.74%.The investment community will be closely monitoring the performance of Schlumberger in its forthcoming earnings report. The company is forecasted to report an EPS of $0.75, showcasing a 19.05% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $8.67 billion, up 12.06% from the prior-year quarter.Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.54 per share and revenue of $37.29 billion. These totals would mark changes of +18.79% and +12.54%, respectively, from last year.It's also important for investors to be aware of any recent modifications to analyst estimates for Schlumberger. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.26% downward. Schlumberger is holding a Zacks Rank of #3 (Hold) right now.Story continuesValuation is also important, so investors should note that Schlumberger has a Forward P/E ratio of 13.79 right now. This denotes a discount relative to the industry's average Forward P/E of 14.31.Investors should also note that SLB has a PEG ratio of 0.88 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Oil and Gas - Field Services was holding an average PEG ratio of 0.88 at yesterday's closing price.The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 176, putting it in the bottom 31% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSchlumberger Limited (SLB) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Schlumberger (SLB) Registers a Bigger Fall Than the Market: Important Facts to Note

https://finance.yahoo.com/news/schlumberger-slb-registers-bigger-fall-225009300.html

dfa68b5a-fb5c-3e68-9c37-94978d1ed094

SLB

Schlumberger (SLB) closed the latest trading day at $49.42, indicating a +0.14% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.12%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.41%.Coming into today, shares of the world's largest oilfield services company had gained 0.71% in the past month. In that same time, the Oils-Energy sector gained 3.04%, while the S&P 500 gained 4.83%.Market participants will be closely following the financial results of Schlumberger in its upcoming release. It is anticipated that the company will report an EPS of $0.75, marking a 19.05% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $8.67 billion, up 12.06% from the year-ago period.For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.54 per share and a revenue of $37.29 billion, representing changes of +18.79% and +12.54%, respectively, from the prior year.Investors should also take note of any recent adjustments to analyst estimates for Schlumberger. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, Schlumberger holds a Zacks Rank of #3 (Hold).Story continuesLooking at its valuation, Schlumberger is holding a Forward P/E ratio of 13.94. This denotes a discount relative to the industry's average Forward P/E of 14.34.It's also important to note that SLB currently trades at a PEG ratio of 0.89. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Oil and Gas - Field Services industry stood at 0.89 at the close of the market yesterday.The Oil and Gas - Field Services industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 177, positioning it in the bottom 30% of all 250+ industries.The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSchlumberger Limited (SLB) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Schlumberger (SLB) Advances While Market Declines: Some Information for Investors

https://finance.yahoo.com/news/schlumberger-slb-advances-while-market-225017387.html

1e9e0e8a-3e39-3439-b554-b70c5016944b

SLB

LIVE DRILLING UPDATE: 03/11/2024 - MCF Energy has just confirmed an active petroleum system at the Welchau-1 well site. The well successfully reached a depth of 1155 meters on March 10 and drilling to the main target is underway with completion anticipated by month end. CEO of MCF Energy James Hill said, "The drilling results so far are very promising, and the indications of gas and heavier hydrocarbons are particularly encouraging for us." Read the full release here.If Germany fails to make up for its winding down of Russian natural gas imports, high-priced LNG imports, delayed nuclear power phaseout, and even restarting of dormant coal plants will be the outcome.The general consensus from German industry and the government is that fossil fuel expansion is still necessary—both for longer-term energy security and, with respect to natural gas, to act as a bridge for the energy transition. That consensus led Berlin, in early February, to earmark $16 billion for the construction of four major natural gas plants to meet electricity demand, in addition to expansion of renewable energies.While Germany has struggled strategically and politically in its effort to balance its climate change goals with its energy security needs, Austria has not only refrained from turning off the Russian gas taps—opting for a gradual approach--but it’s also recently made the country’s largest natural gas discovery in 40 years.Canadian small-cap explorer MCF Energy (TSXV:MCF; OTC:MCFNF) has scooped up previously explored and tested projects in Germany and large prospective targets in Austria at what may be the most significant time in Europe’s energy supply history.Drilling recently launched in Austria (and as of 11th March the company has just confirmed an active petroleum system at the well site, and is planned to start in Germany in April. On the Heels of OMV’s Giant DiscoveryOf key interest here to Europe will be MCF’s initial project in Austria, the  Welchau prospect near the Alps, where drilling will begin in just a few days.Story continuesMCF Energy’s Welchau prospect appears analogous to large anticline structures discovered in the Kurdistan Region of Iraq and the Italian Apennines, and adjacent to an up-dip discovery that intersected a gas column and has a potential for 400 meters of closure. The initial exploration results tested condensate rich for pipeline quality gas.All elements look to be in place for a significant discovery, with a best-estimate technical prospective resource of approximately 807 billion cubic feet of gas, proximity to the national gas pipeline system, and a nearby historic gas discovery.A national gas pipeline network is only 18 kilometers away, making for what could be a short, cheap tie-in option for getting products to domestic markets.MCF will earn a 25% interest for exploration drill costs estimated at 2.55  million euros, which represents MCF’s 50% share in drilling costs.Drilling Down for German Energy SecurityIn Germany, where MCF’s drill heads in April, the company is re-opening an oil and gas play that spans over 100 square kilometers, in the Lech and Lech East concessions.Lech (10 square kilometers) and Lech East (100 square kilometers) concessions hold natural resources riches that have already seen two discoveries and three previous wells drilled. In April, MCF (TSXV:MCF; OTC:MCFNF) will re-enter Mobil’s former Kinsau #1 well, adapting new drilling technology and later horizontal wells to stimulate the hydrocarbons that are already known to exist. MCF Energy is targeting potentially billions of cubic feet of recoverable natural gas—and possibly more, with associated condensate.These shallow wells, cheap to drill, from proven, previously drilled holes could translate into quick cash flow for MCF Energy. And one hit could flare out into multiple development zones for each well.MCF’s Reudnitz concession, a large-scale natural gas prospect initially discovered in 1964, is the third German asset, with MCF stating an independent assessment estimated  118.7 billion cubic feet of natural gas for extraction, noting that the resources are similar to other gas fields in northern Germany with nitrogen also present. MCF also disclosed that the gas in Reudnitz's best estimate (P50) also contains a potential for 1.06 BCF of helium and 4.4 million barrels of oil in a shallower target. Pilot test production using cryogenic technology for targeted helium and methane extraction and nitrogen sequestration is set to begin later this year.The fourth concession in Germany is Erlenwiese, for which 2D seismic has been acquired and is being reprocessed, with 3D on the way, along with AI analysis.The five prospects—in addition to a proprietary database of 10 additional project areas--were acquired when MCF Energy acquired 100% of German Genexco last year.The World’s 4th-Largest Economy, In FocusMCF Energy has adopted a laser focus on Europe’s energy security requirements, which is most significantly emphasized by Germany, the largest economy of the European Union.Germany has seen its bill for oil and gas imports soar since Russia invaded Ukraine. U.S. LNG exports to Europe soared in 2022 and 2023.Expensive LNG is not a sustainable energy security strategy, nor is a return to coal feasible in terms of any reasonable climate change goals. Germany has been busy building grandiose LNG terminals, and is now gunning for big natural gas-powered electric plants, but even those plans will face risk without any domestic supply. MCF Energy (TSXV:MCF; OTC:MCFNF) believes the answer is found in domestic natural gas, the increasingly accepted bridge fuel for a green energy transition. This belief translates into the first new public company with exposure to European natural gas since Russia invaded Ukraine.In our view, the timing is right, especially for natural gas, which Europe has reclassified as sustainable.In July last year, EU lawmakers voted in favor of calling both natural gas and nuclear power “green” or “sustainable” sources of energy, effectively unlocking billions of dollars in private investment and state subsidies for new projects. The justification for classifying this methane-based fossil fuel as “sustainable” is due to its critical role as a bridge fuel for transitioning to renewable energy. In other words, it’s far cleaner than coal and the least damaging fossil fuel to enable a smooth transition to renewables.And risk abounds, in the face of no domestic sources of gas. The LNG supply line is being threatened by a pause on new projects from Washington, and the Red Sea is under attack by the Houthis, threatening to cut off shipments or push prices higher.Against this backdrop, Germany is the prime staging ground for this new bridge fuel investment push, and MCF Energy is just weeks away from drilling and re-entry at Lech, with a CEO that is confident of a hit.Other energy companies to keep an eye on this year:Halliburton Company (NYSE:HAL), a global giant in oilfield services, profoundly impacts the European energy sector through its innovative solutions and dedication to efficiency and sustainability. In Europe, where the energy landscape is rapidly evolving, Halliburton's contributions to oil and gas exploration and production are invaluable. The company's advanced technological offerings, including hydraulic fracturing and shale gas production technologies, align perfectly with Europe's stringent environmental standards and growing emphasis on energy security.Halliburton's emphasis on digital transformation further distinguishes it within the industry. By harnessing the power of big data, AI, and machine learning, Halliburton is at the forefront of optimizing drilling and production processes. This not only leads to enhanced operational efficiency and reduced costs but also significantly lowers the environmental impact of drilling activities, resonating with Europe's ambitious environmental goals. Halliburton's ability to offer more precise, efficient, and sustainable services positions it as a vital partner to the European energy sector, addressing both current needs and future challenges.Halliburton's strategic positioning and technological prowess in Europe represent a unique opportunity. The company's commitment to innovation, coupled with its alignment with Europe's energy and environmental objectives, makes Halliburton a compelling investment choice.Schlumberger Limited (NYSE:SLB), as the premier provider of technology and services to the global oil and gas industry, plays an instrumental role in enhancing the efficiency and sustainability of Europe's energy sector. With a vast array of innovative technologies for reservoir characterization, drilling, production, and processing, Schlumberger supports Europe in maximizing its energy recovery, streamlining costs, and improving the environmental performance of oil and gas operations. The company's unwavering commitment to research and development ensures it remains at the cutting edge of the energy transition, providing solutions that significantly boost the sustainability and productivity of the oil and gas industry across the continent.In Europe, Schlumberger's role extends beyond traditional oil and gas services. The company is actively involved in pioneering solutions for the energy transition, including carbon capture and storage (CCS) technologies, geothermal energy exploitation, and the development of digital platforms that enhance operational efficiencies across the energy sector.Schlumberger's proactive stance on sustainability, combined with its strategic focus on the European market, offers a compelling narrative for growth and resilience. The company's ability to adapt and innovate in response to the evolving energy landscape makes it a prime candidate for those seeking investment opportunities in a company driving the future of the global energy sector.Enbridge Inc.’s (NYSE:ENB) strategic ventures into Europe through significant investments in offshore wind energy projects and energy transportation infrastructure signify a remarkable extension of its operational excellence beyond North American borders. As a leader in the energy sector, renowned for managing the world's most extensive crude oil and liquids transportation system, Enbridge's foray into the burgeoning offshore wind market in Northern Europe underscores its commitment to leading the energy transition towards more sustainable sources.Enbridge's pioneering efforts in carbon capture, utilization, and storage (CCUS) underscore its comprehensive approach to facilitating a sustainable energy transition globally, including in Europe. These initiatives are part of a broader strategy to reduce greenhouse gas emissions and support the integration of renewable energy, highlighting Enbridge's commitment to sustainability and environmental stewardship.By leveraging its expertise in energy infrastructure and actively participating in the development of renewable energy and CCUS projects, Enbridge is not only contributing to reducing the environmental impact of energy systems but is also enhancing energy security and sustainability in Europe and beyond.Golar LNG Limited (NASDAQ:GLNG) is a pioneer in the LNG sector thanks to its innovative floating LNG technology, which has revolutionized the way natural gas is liquefied, stored, and regasified, especially pertinent in Europe's quest for energy diversification and security. By providing flexible LNG solutions that can be deployed closer to demand centers, Golar supports Europe in reducing its dependency on pipeline gas, thereby enhancing the continent's energy resilience. Europe's strategic move towards a greener energy mix, emphasizing reduced carbon emissions, aligns with Golar's initiatives to make LNG shipping more environmentally sustainable.The company's projects, aimed at reducing the carbon footprint of LNG operations, resonate with Europe's stringent environmental policies and the broader global shift towards sustainable energy logistics. Golar's LNG carriers and floating storage and regasification units (FSRUs) offer a cleaner alternative to traditional energy supplies, supporting Europe's transition to a low-carbon economy.Golar LNG presents a strategic entry point into the dynamic LNG market, where environmental sustainability and innovative energy solutions drive future growth and demand, particularly in energy-conscious markets like Europe.Transocean Ltd (NYSE:RIG), with its specialization in deepwater and harsh environment drilling, is essential in unlocking new oil and gas reserves beneath Europe's challenging sea conditions, particularly in the North Sea. The company's commitment to incorporating advanced technology and sustainability into its operations is critical for adhering to Europe's rigorous environmental and safety standards.Transocean's investment in next-generation drillships, which emphasize efficiency and reduced environmental impact, positions it as a leader in sustainable offshore drilling, directly aligning with Europe's goals for cleaner energy extraction methods.As Europe continues to explore offshore resources to secure its energy supply, Transocean's capabilities and technological advancements become increasingly valuable. The company's focus on safety, environmental protection, and operational excellence makes it an attractive partner for European energy projects aiming to balance resource development with environmental stewardship.As Europe seeks to diversify its oil imports amid global market fluctuations, companies like Imperial Oil Limited  (TSX: IMO), known for their efficient and environmentally responsible production methods, could see increased demand for their products. The company's focus on innovation, as demonstrated by its solvent-assisted steam injection technology, positions it as a leader in reducing the environmental impact of oil sands extraction, aligning with European consumers and regulators' growing emphasis on sustainability.Imperial's commitment to shareholder returns, coupled with its strategic initiatives to increase production while lowering emissions, presents a compelling narrative for investors. As Europe continues to adapt its energy policies in favor of more sustainable and secure sources, Imperial's forward-thinking approach and operational excellence could make it an attractive option for European markets seeking high-quality, environmentally conscious oil imports.Pembina Pipeline corp. (TSX:PPL) has diversified portfolio of pipeline and storage facilities, making it a pivotal player in North America's energy infrastructure. While its operations are primarily based in Canada, the global push for cleaner energy sources and the strategic importance of LNG in achieving energy transition goals could see Pembina benefiting from increased demand for its services, including in Europe. The company's involvement in the Cedar LNG project, aimed at exporting LNG to Asian markets, underscores Pembina's capacity to contribute to global LNG supply chains, potentially impacting European energy markets indirectly through global LNG market dynamics.Pembina's resilience in operations, as evidenced by its strong financial performance and commitment to significant projects like Cedar LNG, signals a robust investment opportunity. As Europe explores alternatives to diversify its energy imports and enhance security, Pembina's infrastructure and export capabilities could become increasingly strategic, positioning it as an integral player in the international energy market.Arc Resources Ltd. (TSX:ARX) as a prominent Canadian energy producer, is well-aligned with the global shift towards more sustainable and responsible energy production practices. While Arc's operations are focused in Canada, its commitment to reducing its carbon footprint and implementing innovative environmental practices holds indirect benefits for Europe's energy sector, especially as global markets increasingly favor producers that prioritize sustainability. Europe's stringent environmental standards and commitment to reducing emissions could drive preference for energy imports from companies like Arc, known for their responsible production methods.Arc's active involvement in community and sustainable development initiatives further strengthens its appeal to investors and partners seeking not just financial returns but also positive social and environmental impacts. As European investors and energy companies increasingly look towards sustainable and ethically produced energy sources, Arc Resources presents itself as a forward-thinking company whose values and practices resonate with global energy transition goals, making it an attractive investment for those looking to support the shift towards a sustainable energy future.Tourmaline Oil Corp. (TSX:TOU), standing as Canada's premier natural gas producer, has dynamically engaged in expanding its influence through judicious strategic acquisitions and focused exploration efforts, underscored by a steadfast commitment to operational efficiency and cost-effectiveness. This strategy has not only broadened Tourmaline's operational scope but has also cemented its position as a vanguard of sustainable growth within the energy sector.In the context of Europe's energy sector, Tourmaline's commitment to sustainability and its substantial natural gas production capabilities position it as a potentially key player in supporting the continent's transition to greener energy sources. With Europe increasingly looking to diversify its energy imports amidst a global push for environmental sustainability, Tourmaline's eco-conscious approach to natural gas production could see it becoming an attractive supplier to European markets seeking to reduce carbon emissions and secure reliable, cleaner energy sources.Precision Drilling Corporation (TSX:PD) distinguished as a leader in providing high-performance drilling and completion services, caters adeptly to the modern demands of the global oil and natural gas industry. The company's investment in cutting-edge drilling technologies is a testament to its commitment to operational excellence, efficiency, and safety, aligning perfectly with the industry-wide imperative to minimize environmental impacts while enhancing worker safety across operations.Precision Drilling's initiatives aimed at sustainability, notably through the reduction of emissions and the implementation of advanced energy-efficient systems, underscore the company's proactive stance on environmental stewardship and its alignment with the broader shift towards sustainable energy production practices.By. Charles Kennedy**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**Forward-Looking StatementsThis publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that high-priced LNG imports, delayed nuclear power phaseout, and even restarting of dormant coal plants will occur if Germany fails to sustainably make up for its winding down of Russian natural gas domestically; that renewable energy cannot yet bridge the gap in the energy transition, and resorting to coal would set things back drastically for the climate; that MCF Energy Ltd. (the “Company”) will complete the planned drilling and testing of its prospects later this year and early next year; that the previous test results of the Company’s projects will be indicative of future success in further drilling and testing; that Company’s projects will be successfully drilled and tested and contain commercial amounts of natural gas, oil and/or other energy resources; that successful drilling and testing on adjacent properties will be indicative of potential for drilling and testing success on the Company’s prospects;  that actual drilling and testing of the Company’s projects will confirm technical prospective estimates; that Europe will have and continue to have a strategic energy problem and price volatility for natural gas will continue to increase; that natural gas will continue to be accepted as a bridge fuel for a green energy transition; that costs for liquified natural gas will remain high and that LNG will not be a sustainable energy security strategy in Europe; that the Company can provide domestic natural gas to Germany and other European economies; that natural gas will remain classified as a sustainable energy source; that the Company’s concessions will be successfully drilled and tested and, if developed, will strengthen German and Austria energy security; that imports of liquified natural gas will not be sustainable for Europe and that European countries will need to rely on domestic sources of natural gas; that the Company expects to obtain significant attention due to its upcoming drilling plans combined with Europe desperate for domestic natural gas supply; that the upcoming drilling on the Company’s projects will be successful; that the Company’s projects will contain commercial amounts of natural gas; that the Company can finance ongoing operations and development; that the Company can achieve its business plans and objectives as anticipated. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include that large oil and gas companies will start focusing on the development of domestic natural gas resources; that the natural gas resources of competitors will be more successful or obtain a greater share of market supply; that offshore liquified natural gas assets will be favored over domestic resources for various reasons; that alternative technologies will replace natural gas as a mainstream energy source in Europe and elsewhere; that demand for natural gas will not continue to increase as expected for various reasons, including climate change and emerging technologies; that political changes will result in Russia or other countries providing natural gas supplies in future; that the Company may be able to complete the planned drilling and testing of its prospects later this year and early next year for various reasons; that the previous test results of the Company’s projects may not be confirmed with further drilling and testing; that Company’s projects may fail to contain commercial amounts of natural gas, oil, helium and/or other energy resources; that successful drilling and testing on adjacent properties is not indicative of any potential for drilling and testing success on the Company’s prospects; that Europe may opt for alternative energy sources resulting in a decreased demand for natural gas, even in the event that the Company can develop gas resources; that the Company may be unable to develop and supply a safe, domestic source of energy to European countries; that natural gas may not be reclassified or remain classified as sustainable energy or may be replaced by other energy sources; that the Company may be unable to finance its ongoing operations and development; that the Company can achieve its business plans and objectives as anticipated; that the Company may be unable to finance its ongoing operations and development; that the business of the Company may be unsuccessful for various reasons. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.DISCLAIMERSThis communication is for entertainment purposes only. Never invest purely based on our communication. We have not been compensated by MCF Energy Ltd. for this article. While the opinions expressed in this article are based on information believed to be accurate and reliable, such information in our communications and on our website has not been independently verified and is not guaranteed to be correct. The content of this article is based solely on our opinions which are based on very limited analysis and we are not professional analysts or advisors.SHARE OWNERSHIP. The owner of Oilprice.com owns shares of MCF Energy Ltd. and therefore has an incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of MCF Energy Ltd. in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. Accordingly, our views and opinions in this article are subject to bias, and we stress that you should conduct your own extensive due diligence regarding the Company as well as seek the advice of your professional financial advisor or a registered broker-dealer before you consider investing in any securities of the Company or otherwise.NOT AN INVESTMENT ADVISOR. Oilprice.com is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. You should not treat any opinion expressed herein as an inducement to make a particular investment or to follow a particular strategy, but only as an expression of opinion. The opinions expressed herein do not take into account the suitability of any investment with your particular objectives or risk tolerance. Investments or strategies mentioned in this article and on our website may not be suitable for you and are not intended as recommendations.ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making any investment. This communication should not be used as a basis for making any investment in any securities. Past performance is not indicative of future results.RISK OF INVESTING. Investing is inherently risky. Do not trade with money you cannot afford to lose. There is a real risk of loss (including total loss of investment) in following any strategy or investment discussed in this article or on our website. This is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction. No representation is being made as to the future price of securities mentioned herein, or that any stock acquisition will or is likely to achieve profits.Read this article on OilPrice.com

Oilprice.com

Europe’s Secret Weapon In Its Energy War With Russia

https://finance.yahoo.com/news/europe-secret-weapon-energy-war-230000780.html

527d2873-fb09-3b54-a5bb-9a2a9af0355c

SNA

Understanding the Dividend Prospects of Snap-on IncSnap-on Inc (NYSE:SNA) recently announced a dividend of $1.86 per share, payable on 2024-03-11, with the ex-dividend date set for 2024-02-23. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Snap-on Inc's dividend performance and assess its sustainability.What Does Snap-on Inc Do?High Yield Dividend Stocks in Gurus' PortfolioThis Powerful Chart Made Peter Lynch 29% A Year For 13 YearsHow to calculate the intrinsic value of a stock?Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through franchisee-operated mobile vans that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.Snap-on Inc's Dividend AnalysisA Glimpse at Snap-on Inc's Dividend HistorySnap-on Inc has maintained a consistent dividend payment record since 1986. Dividends are currently distributed on a quarterly basis.Snap-on Inc has increased its dividend each year since 1995. The stock is thus listed as a dividend aristocrat, an honor that is given to companies that have increased their dividend each year for at least the past 29 years. Below is a chart showing annual Dividends Per Share for tracking historical trends.Breaking Down Snap-on Inc's Dividend Yield and GrowthAs of today, Snap-on Inc currently has a 12-month trailing dividend yield of 2.52% and a 12-month forward dividend yield of 2.80%. This suggests an expectation of increased dividend payments over the next 12 months.Story continuesOver the past three years, Snap-on Inc's annual dividend growth rate was 14.60%. Extended to a five-year horizon, this rate decreased to 14.50% per year. And over the past decade, Snap-on Inc's annual dividends per share growth rate stands at an impressive 15.50%.Based on Snap-on Inc's dividend yield and five-year growth rate, the 5-year yield on cost of Snap-on Inc stock as of today is approximately 4.96%.Snap-on Inc's Dividend AnalysisThe Sustainability Question: Payout Ratio and ProfitabilityTo assess the sustainability of the dividend, one needs to evaluate the company's payout ratio. The dividend payout ratio provides insights into the portion of earnings the company distributes as dividends. A lower ratio suggests that the company retains a significant part of its earnings, thereby ensuring the availability of funds for future growth and unexpected downturns. As of 2023-12-31, Snap-on Inc's dividend payout ratio is 0.36.Snap-on Inc's profitability rank, offers an understanding of the company's earnings prowess relative to its peers. GuruFocus ranks Snap-on Inc's profitability 10 out of 10 as of 2023-12-31, suggesting good profitability prospects. The company has reported positive net income for each year over the past decade, further solidifying its high profitability.Growth Metrics: The Future OutlookTo ensure the sustainability of dividends, a company must have robust growth metrics. Snap-on Inc's growth rank of 10 out of 10 suggests that the company's growth trajectory is good relative to its competitors.Revenue is the lifeblood of any company, and Snap-on Inc's revenue per share, combined with the 3-year revenue growth rate, indicates a strong revenue model. Snap-on Inc's revenue has increased by approximately 9.60% per year on average, a rate that outperforms approximately 58.1% of global competitors.The company's 3-year EPS growth rate showcases its capability to grow its earnings, a critical component for sustaining dividends in the long run. During the past three years, Snap-on Inc's earnings increased by approximately 18.10% per year on average, a rate that outperforms approximately 60.04% of global competitors.Lastly, the company's 5-year EBITDA growth rate of 10.60%, which outperforms approximately 56.19% of global competitors.Next StepsFor value investors seeking a blend of stable dividend income and potential for growth, Snap-on Inc presents a compelling case. The company's impressive track record of dividend payments, robust dividend growth rate, prudent payout ratio, and strong profitability and growth metrics lay a solid foundation for future performance. As Snap-on Inc continues to navigate the dynamic market landscape, investors may consider the stock a valuable addition to their dividend-focused portfolios. For further investment research and to discover other high-dividend yield opportunities, GuruFocus Premium users can utilize the High Dividend Yield Screener.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

Snap-on Inc's Dividend Analysis

https://finance.yahoo.com/news/snap-incs-dividend-analysis-101100150.html

cb9e67ae-4e9b-3460-97ce-9bad99b3bb5c

SNA

Aldo Pagliari, the Sr VP - Finance & CFO of Snap-on Inc (NYSE:SNA), has sold 3,231 shares of the company on February 23, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $270.58 per share, resulting in a total sale amount of $874,133.98.Warning! GuruFocus has detected 4 Warning Sign with WING.Snap-on Inc is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users. The company's products and services are critical to a wide range of industries, including automotive, aviation, marine, and industrial sectors.Over the past year, the insider has sold a total of 18,950 shares of Snap-on Inc and has not made any purchases of the stock. The insider transaction history for the company shows a pattern of 22 insider sells and no insider buys over the same timeframe.Snap-on Inc's Sr VP - Finance & CFO Aldo Pagliari Sells 3,231 SharesOn the day of the insider's recent sale, shares of Snap-on Inc were trading at $270.58, giving the company a market capitalization of $14.282 billion. The price-earnings ratio of the stock stands at 14.45, which is below both the industry median of 21.72 and the company's historical median price-earnings ratio.The stock's price-to-GF-Value ratio is 1.04, with a GF Value of $259.48, indicating that Snap-on Inc is considered Fairly Valued based on its GF Value. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which factors in historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.Snap-on Inc's Sr VP - Finance & CFO Aldo Pagliari Sells 3,231 SharesThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

Snap-on Inc's Sr VP - Finance & CFO Aldo Pagliari Sells 3,231 Shares

https://finance.yahoo.com/news/snap-incs-sr-vp-finance-042313984.html

fcd97ce8-9847-3457-9628-0b0d2679e548

SNA

KENOSHA, Wis., March 04, 2024--(BUSINESS WIRE)--Snap-on Incorporated (NYSE: SNA) announced that its Chairman and Chief Executive Officer, Nick Pinchuk, is scheduled to present at two upcoming investor conferences:The 2024 BofA Securities Consumer & Retail Conference in Miami Beach, FL on Wednesday, March 13, 2024, at 11:20 a.m. Eastern; andThe 36th Annual ROTH Conference in Dana Point, CA on Monday, March 18, 2024, at 1:00 p.m. Pacific.Links to the live audio webcasts of both presentations are available on the Investor Events page of the Snap-on website at https://www.snapon.com/EN/Investors/Investor-Events. Following each webcast, an archived replay will be available in the same location for approximately 90 days.About Snap-onSnap-on Incorporated is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. From its founding in 1920, Snap-on has been recognized as the mark of the serious and the outward sign of the pride and dignity working men and women take in their professions. Products and services are sold through the company’s network of widely recognized franchisee vans, as well as through direct and distributor channels, under a variety of notable brands. The company also provides financing programs to facilitate the sales of its products and to support its franchise business. Snap-on, an S&P 500 company, generated sales of $4.7 billion in 2023, and is headquartered in Kenosha, Wisconsin.For additional information on Snap-on, visit www.snapon.com.View source version on businesswire.com: https://www.businesswire.com/news/home/20240304529849/en/ContactsInvestors:Sara Verbsky262/656-4869Media:Samuel Bottum262/656-5793

Business Wire

Snap-on to Present at BofA Securities and Roth Investor Conferences

https://finance.yahoo.com/news/snap-present-bofa-securities-roth-221300040.html

2d556924-05fc-3cab-8d28-34e215a3243f

SNA

Snap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users, has reported an insider sell according to a recent SEC filing. Anup Banerjee, the Senior Vice President & Chief Development Officer of Snap-on Inc, sold 12,397 shares of the company on March 4, 2024.Anup Banerjees transaction was executed at an average price of $283.13 per share, resulting in a total value of $3,507,851.61. Following this transaction, the insider's direct ownership in Snap-on Inc stands adjusted as per the latest filing with the SEC.Over the past year, Anup Banerjee has sold a total of 42,147 shares of Snap-on Inc and has not made any purchases of the stock. The insider transaction history for Snap-on Inc shows a pattern of insider sales, with 24 insider sells and no insider buys over the past year.Insider Sell: Snap-on Inc (SNA) Sr VP & Chief Development Officer Anup Banerjee Sells 12,397 SharesThe market capitalization of Snap-on Inc is currently $14.997 billion, with the stock trading at $283.13 on the day of the insider's recent sale. The company's price-earnings ratio stands at 15.17, which is lower than the industry median of 22.25 and also below the historical median price-earnings ratio for the company.Considering the valuation metrics, Snap-on Inc has a price-to-GF-Value ratio of 1.09, indicating that the stock is Fairly Valued in relation to the GuruFocus Value estimate of $259.38. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.Insider Sell: Snap-on Inc (SNA) Sr VP & Chief Development Officer Anup Banerjee Sells 12,397 SharesInvestors and stakeholders in Snap-on Inc may find the insider selling activity to be a point of interest as they assess the company's stock performance and valuation. It is important to consider the broader context of the market and the individual circumstances of the insider when interpreting insider trading activity.Story continuesWarning! GuruFocus has detected 4 Warning Signs with ROK.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

Insider Sell: Snap-on Inc (SNA) Sr VP & Chief Development Officer Anup Banerjee Sells ...

https://finance.yahoo.com/news/insider-sell-snap-inc-sna-042737043.html

72d47456-cdae-3cf8-b963-fd6ffeb53456

SNPS

Robust revenue growth and solid financial performance underscore Synopsys Inc's market leadership in EDA software.Strategic acquisitions and investments in innovation position Synopsys for continued expansion in a digitalized market.Geopolitical tensions and macroeconomic uncertainties present potential risks to global operations.Anticipated Ansys Merger could significantly enhance Synopsys' market position and product offerings.On February 23, 2024, Synopsys Inc (NASDAQ:SNPS) filed its 10-Q report, revealing a strong financial performance with total revenue reaching $1.649 billion, a notable increase from $1.361 billion in the previous year. This growth is attributed to the organic expansion of the business across all product groups and geographies, as well as the impact of an extra week in the first quarter of fiscal 2024. The company's net income also saw a significant rise to $449.1 million, up from $271.5 million, with earnings per share increasing from $1.75 to $2.89. These financial highlights reflect Synopsys' robust market position and its ability to capitalize on the growing demand for electronic design automation and semiconductor IP. As we delve into the SWOT analysis, these figures will serve as a foundation for understanding the company's internal strengths and weaknesses, as well as the external opportunities and threats it faces.Decoding Synopsys Inc (SNPS): A Strategic SWOT InsightStrengthsMarket Leadership and Innovation: Synopsys Inc (NASDAQ:SNPS) stands out as a leader in the electronic design automation (EDA) software market, with a strong financial performance indicating its competitive edge. The company's revenue growth, particularly in time-based products, showcases its ability to meet the complex demands of chip design with innovative solutions. Synopsys' commitment to research and development, as evidenced by its substantial investment in this area, fuels continuous product enhancement and the development of new technologies. This focus on innovation not only solidifies its market position but also attracts a loyal customer base that relies on Synopsys for cutting-edge design automation tools.Story continuesStrategic Acquisitions: Synopsys' growth strategy includes strategic acquisitions, such as the pending Ansys Merger, which is expected to significantly expand its product offerings and market reach. This merger values Ansys at approximately $35 billion and is anticipated to close in the first half of calendar year 2025. By acquiring Ansys, Synopsys will integrate a broad range of engineering simulation and analysis software into its portfolio, potentially creating new revenue streams and strengthening its position in the semiconductor and electronics industries. The company's proactive approach to mergers and acquisitions demonstrates its commitment to maintaining a competitive edge and capitalizing on synergies within the tech sector.WeaknessesDependence on Economic Conditions: Despite Synopsys Inc (NASDAQ:SNPS)'s strong financial performance, the company's reliance on the semiconductor and electronics industries makes it susceptible to macroeconomic fluctuations. Economic downturns or reduced customer spending can lead to delayed decision-making and spending cuts, which may impact Synopsys' revenue and growth prospects. The company's Software Integrity segment has already experienced the effects of budget scrutiny from customers, highlighting the need for Synopsys to diversify its revenue sources and reduce dependence on any single market segment.Integration Challenges: Synopsys' aggressive acquisition strategy, while a strength, also poses integration risks. The company must effectively integrate acquired businesses and technologies to realize the anticipated benefits. Challenges such as cultural differences, systems integration, and aligning business processes can impede the smooth assimilation of new entities, potentially leading to operational inefficiencies and increased costs. The success of the Ansys Merger will largely depend on Synopsys' ability to navigate these complexities and achieve seamless integration.OpportunitiesMarket Expansion: Synopsys Inc (NASDAQ:SNPS) is well-positioned to capitalize on the digitalization of various end markets, which is driving demand for more sophisticated chip designs. The convergence of semiconductor companies moving up-stack and systems companies moving down-stack presents a significant opportunity for Synopsys to expand its customer base. By continuing to innovate and offer comprehensive EDA solutions, Synopsys can attract new customers from diverse industries seeking to design in-house chips, thereby expanding its market share and revenue potential.Technological Advancements: The ongoing evolution of technology, including the rise of artificial intelligence, the Internet of Things (IoT), and 5G, offers Synopsys ample opportunities to develop and market new products that cater to these trends. As companies across sectors seek to incorporate these technologies into their products, Synopsys can leverage its expertise in EDA software and semiconductor IP to meet the growing demand for advanced design capabilities. This positions the company to be at the forefront of technological innovation and to benefit from the growth of these emerging markets.ThreatsGeopolitical Tensions: Synopsys Inc (NASDAQ:SNPS) operates globally, making it vulnerable to geopolitical risks and conflicts that can disrupt its business operations. Tensions in regions like the Middle East and Armenia, where Synopsys has a presence, could impact its employees, customers, and strategic partners. While the company actively monitors these situations, any escalation could lead to material adverse effects on its business and financial condition. Additionally, changes in U.S. export control regulations, particularly those affecting China's access to semiconductor and advanced computing technology, could pose challenges for Synopsys' international sales and supply chain.Competitive Pressures: The EDA software market is highly competitive, with several established players vying for market share. Synopsys must continually innovate and improve its product offerings to stay ahead of competitors. Failure to do soThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

Decoding Synopsys Inc (SNPS): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-synopsys-inc-snps-strategic-050320593.html

aced4a6e-65f2-3f3c-b58b-76a730c37652

SNPS

SNUG Features Keynotes from Synopsys CEO Sassine Ghazi and Microsoft Corp VP Plus 100+ Sessions on AI, Silicon Proliferation, Software-Defined Systems, and MoreSUNNYVALE, Calif., Feb. 26, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) is hosting its annual flagship user group conference, SNUG Silicon Valley, March 20-21, 2024, at the Santa Clara Convention Center. The company's Investor Day will be co-located on the afternoon of March 20 and available via webcast.Synopsys (PRNewsfoto/Synopsys)Join us at SNUG Silicon Valley March 20-21: SNUG Silicon Valley gathers the global design community to discuss technology advancements, challenges, strategic collaborations, and business opportunities. This year's event features more than 100 sessions spanning AI, multi-die system design, design verification, analog and mixed-signal design, silicon IP advancements, software-defined systems, and more. Join experts, including from sponsors AWS, GlobalFoundries, Microsoft, Samsung, and TSMC, to learn how they are innovating in this era of pervasive intelligence.WHEN: 8:00a.m.-6:30p.m. PT Wednesday, March 20, and Thursday, March 21. Program details are available at https://synopsys.cventevents.com/xPQ4LR.March 20 Keynote at 9:15a.m. PT: CEO Sassine Ghazi will discuss "Powering Innovation in the Era of Pervasive Intelligence."March 21 Keynote at 9:15a.m. PT: Rani Borkar, corporate vice president for Azure Hardware Systems and Infrastructure at Microsoft, will discuss "From Momentum to Scale: Unlocking Value in Innovation for the AI Transformation."WHERE: Attend in-person at the Santa Clara Convention Center in Santa Clara, Calif. To register, visit: https://www.synopsys.com/sv-snug.Follow the announcements and watch CEO Sassine Ghazi's keynote via a livestream on our SNUG Newsroom.Follow Synopsys and #SNUG24 social media updates on LinkedIn, X, Facebook, and Instagram.Synopsys to hold 2024 Investor Day: Synopsys will host a meeting with the investor community to review its financial objectives and long-term growth strategies on March 20, 2024. Synopsys CEO Sassine Ghazi and CFO Shelagh Glaser, along with key business executives, will discuss the company's silicon to systems strategy, progress, and growth opportunities.Story continuesWHEN: Synopsys Investor Day will begin after market close at 1:15p.m. PT on March 20, 2024, with opening remarks from Sassine Ghazi and will conclude at 4:15p.m. PT following Shelagh Glaser's remarks and a CEO/CFO question and answer session.WHERE: The Investor Day meeting will be held in hybrid format, in person at the Santa Clara Convention Center and online as a simultaneous webcast. Investors and other interested parties may register for the webcast by visiting the events section on Synopsys' investor website. A replay and summary materials from the presentations will also be available online on the website following the event.About SynopsysCatalyzing the era of pervasive intelligence, Synopsys, Inc. (Nasdaq: SNPS) delivers trusted and comprehensive silicon to systems design solutions, from electronic design automation to silicon IP and system verification and validation. We partner closely with semiconductor and systems customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow. Learn more at www.synopsys.com.INVESTOR CONTACT:Trey CampbellSynopsys, [email protected] CONTACT:Kelli WheelerSynopsys, [email protected] original content to download multimedia:https://www.prnewswire.com/news-releases/synopsys-annual-user-group-conference-snug-and-investor-day-kicks-off-on-march-20-302070469.htmlSOURCE Synopsys, Inc.

PR Newswire

Synopsys' Annual User Group Conference (SNUG) and Investor Day Kicks Off on March 20

https://finance.yahoo.com/news/synopsys-annual-user-group-conference-142500014.html

c33fc5f8-26bb-3ebf-bb97-050bdca7f6e8

SNPS

Guidewire Software GWRE reported non-GAAP earnings per share (EPS) of 46 cents in second-quarter fiscal 2024 (ended Jan 31, 2023), which surpassed the Zacks Consensus Estimate of 21 cents. The company reported a non-GAAP loss of 12 cents in the year-ago quarter.The company reported revenues of $240.9 million, rising 4% year over year. The revenue was in line with the Zacks Consensus Estimate.Guidewire Cloud continued to gain momentum in the reported quarter with 11 deal wins.Guidewire Software, Inc. Price, Consensus and EPS SurpriseGuidewire Software, Inc. Price, Consensus and EPS SurpriseGuidewire Software, Inc. price-consensus-eps-surprise-chart | Guidewire Software, Inc. QuoteQuarter in DetailSubscription and support segment’s revenues (54.7% of total revenues) soared 24.5% from the year-ago quarter to $131.6 million.License’s revenues (29.5%) were down 2.8% year over year to $71.1 million.Services’ revenues (15.8%) fell 28.9% year over year to $38.1 million.As of Jan 31, annual recurring revenues (ARR) were $800 million, up 4.8% year over year.Non-GAAP gross margin expanded to 62.7% from 56.7% on a year-over-year basis.Subscription and support segment’s gross margin increased to 65.1% from 57.4% on a year-over-year basis due to increased cloud infrastructure efficiency. Services’ non-GAAP gross margin was (11.2)% against a gross margin of (0.4)% in the year-ago reported quarter.Total operating expenses increased 5.6% year over year to $154.8 million. Non-GAAP operating income was $25.6 compared with $15.1 million reported in the year-ago quarter.Financial DetailsAs of Jan 31, 2024, cash and cash equivalents and short-term investments were $777.6 million compared with $712.9 million as of Oct 31, 2023.Guidewire generated $69.2 million in cash from operations during the quarter under review, with a free cash flow of nearly $63.8 million.OutlookFor the third quarter of fiscal 2024, revenues are expected to be in the range of $228-$234 million. ARR is projected to be between $815 million and $820 million. Non-GAAP operating income is estimated to be between $4 million and $10 million. Story continuesFor fiscal 2024, the company expects total revenues between $957 million and $967 million compared with the previous guidance of $976 million-$986 million. ARR is projected to be in the range of $852-$862 million.Non-GAAP operating income (loss) is estimated to be between $82 million and $92 million.Cash flow from operations is now anticipated to be in the range of $120-$140 million compared with the previous guidance of $115-$135 million.Zacks Rank & Stocks to ConsiderGuidewire currently carries a Zacks Rank #3 (Hold)Some better-ranked stocks from the broader technology space are Synopsys SNPS, Woodward WWD and Watts Water Technologies WTS. Synopsys sports a Zacks Rank #1 (Strong Buy), while Watts Water Technologies and Woodward carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Synopsys’ 2024 EPS has improved 1.1% in the past 60 days to $13.56. SNPS’ long-term earnings growth rate is 17.5%.Synopsys’ earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 4.1%. Shares of SNPS have risen 56.1% in the past year.The Zacks Consensus Estimate for Woodward’s fiscal 2024 EPS has inched up 5.7% in the past 60 days to $5.27. WWD’s long-term earnings growth rate is 15.5%.Woodward’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 27.2%. Shares of WWD have risen 50.5% in the past year.The Zacks Consensus Estimate for Watts Water Technologies’ fiscal 2024 EPS has improved 2.5% in the past 60 days to $8.54. WTS’ long-term earnings growth rate is 7.8%.WTS’ earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 13.5%. Shares of WTS have risen 16.5% in the past year.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSynopsys, Inc. (SNPS) : Free Stock Analysis ReportGuidewire Software, Inc. (GWRE) : Free Stock Analysis ReportWatts Water Technologies, Inc. (WTS) : Free Stock Analysis ReportWoodward, Inc. (WWD) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Guidewire's (GWRE) Q2 Earnings Beat Estimates, Revenues Up Y/Y

https://finance.yahoo.com/news/guidewires-gwre-q2-earnings-beat-125200699.html

f8e24446-10f1-3164-9c8f-2a9c203aea7f

SNPS

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Synopsys (NASDAQ:SNPS). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. View our latest analysis for Synopsys How Quickly Is Synopsys Increasing Earnings Per Share?The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. That makes EPS growth an attractive quality for any company. It certainly is nice to see that Synopsys has managed to grow EPS by 25% per year over three years. So it's not surprising to see the company trades on a very high multiple of (past) earnings.Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. While we note Synopsys achieved similar EBIT margins to last year, revenue grew by a solid 19% to US$6.1b. That's a real positive.The chart below shows how the company's bottom and top lines have progressed over time. For finer detail, click on the image.earnings-and-revenue-historyYou don't drive with your eyes on the rear-view mirror, so you might be more interested in this free report showing analyst forecasts for Synopsys' future profits.Are Synopsys Insiders Aligned With All Shareholders?Since Synopsys has a market capitalisation of US$86b, we wouldn't expect insiders to hold a large percentage of shares. But we are reassured by the fact they have invested in the company. Indeed, they have a considerable amount of wealth invested in it, currently valued at US$374m. This comes in at 0.4% of shares in the company, which is a fair amount of a business of this size. This still shows shareholders there is a degree of alignment between management and themselves.Story continuesIt's good to see that insiders are invested in the company, but are remuneration levels reasonable? Well, based on the CEO pay, you'd argue that they are indeed. The median total compensation for CEOs of companies similar in size to Synopsys, with market caps over US$8.0b, is around US$12m.Synopsys offered total compensation worth US$10m to its CEO in the year to October 2023. That is actually below the median for CEO's of similarly sized companies. CEO compensation is hardly the most important aspect of a company to consider, but when it's reasonable, that gives a little more confidence that leadership are looking out for shareholder interests. Generally, arguments can be made that reasonable pay levels attest to good decision-making.Does Synopsys Deserve A Spot On Your Watchlist?If you believe that share price follows earnings per share you should definitely be delving further into Synopsys' strong EPS growth. If you still have your doubts, remember too that company insiders have a considerable investment aligning themselves with the shareholders and CEO pay is quite modest compared to similarly sized companiess. The overarching message here is that Synopsys has underlying strengths that make it worth a look at. We should say that we've discovered 1 warning sign for Synopsys that you should be aware of before investing here.There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of companies which have demonstrated growth backed by recent insider purchases.Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Should You Be Adding Synopsys (NASDAQ:SNPS) To Your Watchlist Today?

https://finance.yahoo.com/news/adding-synopsys-nasdaq-snps-watchlist-130017569.html

0a37fc6c-1649-34d0-b760-bfee794605bd

SO

U.S.-based, The Southern Company SO has announced that Unit 4 at its Vogtle Nuclear plant has reached initial criticality. This is a crucial step in the start-up testing sequence. The company also mentioned that the initial criticality stage has been reached safely, which means operators have started the nuclear reaction inside the reactor for the first time. The nuclear fuel in the reactor will split the atoms and generate heat, which will be used to produce steam later.Following this achievement, Vogtle Unit 4 has continued startup testing. The tests are meant to show the integrated operation of the primary coolant system and steam supply system under conditions of design temperature and pressure with fuel inside the reactor. These tests are performed before kicking off commercial operations, in order to validate operating procedures and verify the synergism of all systems.However, the project has encountered delays and is running behind schedule. The budget has also been exceeded by billions.As the Unit 4 reactor has reached initial criticality, the operators will gradually raise power to synchronize the generator with the electric grid and begin generating electricity. The power will be increased by the operators in multiple steps, ultimately raising it to 100%.Unit 4 is one of the two-unit expansion projects being constructed near Waynesboro, GA, and the reactor is expected to come in during the second quarter of 2024. Initially, the projected in-service date for Vogtle 4 was around the end of 2023. However, that was revised after the discovery of a motor fault in the reactor coolant pump. Southern Company’s newest reactor in the United States, Unit 3, started commercial operation in July last year.The company will operate these units on behalf of the co-owners — Georgia Power, Oglethorpe Power, MEAG Power and Dalton Utilities.Georgia Power, the largest electric subsidiary of SO, mentioned that the new Vogtle units are part of its overall commitment to deliver energy that is clean, safe, reliable and affordable for its customers. The new units will be able to generate a substantial amount of electricity, enough to power 500,000 homes and businesses.Story continuesZacks Rank and Key PicksCurrently, SO carries a Zacks Rank #3 (Hold).Investors might want to look at some better-ranked stocks from the same industry, such as Duke Energy Corporation DUK, Xcel Energy Inc. XEL and NiSource Inc. NI. Each stock presently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Duke Energy is one of the largest energy holding companies in America. It has put forward an increased $73 billion five-year capital plan for 2024. The capital plan will support DUK’s energy transition goals and the unparalleled growth within its jurisdictions. The company’s projected earnings growth of 5-7% through 2028 demonstrates its confidence in the strength of its regulated utilities and increasing capital profile.Xcel Energy is a utility company in the United States that provides a comprehensive portfolio of energy-related products and services to millions of customers through its regulated operating companies. It expects to deliver enhanced shareholder return by combining earnings growth and dividend yield. XEL aims to deliver long-term annual EPS growth of 5-7% as well as annual dividend hikes of 5-7%, which underscore the company’s confidence in its future earnings potential and operational efficiency.NiSource is one of the largest natural gas utility companies in the United States. It has a 100% regulated utility business model. The company’s growth strategy revolves around the modernization and replacement of its utility infrastructure alongside complementary system expansions. NiSource expects an annual rate base growth of 8-10% during 2023-2028, driven by its capital expenditures.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportXcel Energy Inc. (XEL) : Free Stock Analysis ReportSouthern Company (The) (SO) : Free Stock Analysis ReportNiSource, Inc (NI) : Free Stock Analysis ReportDuke Energy Corporation (DUK) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Southern Co. (SO) Nuclear Plant Achieves Initial Criticality

https://finance.yahoo.com/news/southern-co-nuclear-plant-achieves-183100142.html

c98c93d3-8166-393a-8a3c-62cd7a9c5b86

SO

In this article, we discuss 11 best electric utility stocks to buy now. If you want to skip our discussion on the electric utility industry, head directly to 5 Best Electric Utility Stocks To Buy Right Now. In the face of a continuously changing energy landscape, US utilities maintain three primary objectives according to Ernst & Young (EY) – ensuring reliable, affordable, and sustainable energy. The utilities sector in 2024 requires a careful balance between conventional and innovative funding approaches to advance these priorities. Presently, utility executives are better equipped than ever to decisively navigate the transformative decisions required for the future. Initial focus should be on three primary opportunities – (1) Strengthening the balance sheet to support investment strategies that generate enduring value for stakeholders, (2) Optimizing newly accessible capital, such as grants and tax credits, to expedite the energy transition for power and utility companies, and (3) Upgrading technology to advance business operations.In 2023, the US power and utilities industry experienced advancements in decarbonization, increased deployment of solar power and energy storage, and improved grid reliability. As per a recent Deloitte report, the sector faced mixed fundamentals, with a slight decrease in electricity sales due to mild weather. Wholesale electricity prices dropped in response to lower natural gas costs, but high capital expenditures for grid modernization and decarbonization, coupled with rising interest rates, contributed to potential customer bill increases. The industry also grappled with costs related to disaster recovery, cybersecurity, and climate-related challenges. Despite lower fuel costs, retail electricity prices were projected to increase by 1.9% year-over-year, with residential prices potentially rising by 4.7%. In 2024, electricity prices are expected to stabilize, with a forecasted 2% increase in sales. The industry may focus on electrification, resource adequacy, and addressing rising costs, exploring the potential use of AI, including generative AI, to tackle challenges. Story continuesIn 2023, utilities faced a decline as investor preference shifted from defensive stocks to mega-cap growth companies, particularly in the technology and communication services sectors. This led to utilities being one of the weakest-performing sectors in the S&P 500. However, by late 2023, utilities stocks experienced significantly lower valuations, trading at one of the largest discounts to the S&P in the past two decades, according to a Fidelity report. The utility sector's near-term performance may continue to be influenced by investor sentiment and economic conditions in 2024. If the economy maintains a soft landing with strong growth and low inflation, utilities may remain out of favor. Conversely, in the face of economic weakness, investors could turn back to defensive stocks like utilities, known for stability, durable cash flows, and dividends, especially during market volatility. A decline in interest rates could further benefit utility stocks by making their dividends more attractive compared to bonds. Looking at the longer term, utilities are positioned at the center of the shift from carbon-based fuels to renewable energy sources. The Inflation Reduction Act of 2022 is expected to accelerate this transition by providing incentives for the adoption of clean-energy options and reducing greenhouse gasses. Consumers, businesses, and governments are actively working to decrease their carbon footprints, and forecasts suggest a potential doubling of the portion of US power generation from renewable sources by 2030.Some of the best electric utility stocks to invest in include NextEra Energy, Inc. (NYSE:NEE), PG&E Corporation (NYSE:PCG), and The Southern Company (NYSE:SO). Our Methodology We chose the top electric utility stocks based on overall hedge fund sentiment toward each stock. We have assessed the hedge fund sentiment from Insider Monkey’s database of 910 elite hedge funds tracked as of the end of the third quarter of 2023. The list is arranged in ascending order of the number of hedge fund holders in each firm. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). 11 Best Electric Utility Stocks To Buy Right NowA vibrant skyline illuminated by the lights of the electric utility company.Best Electric Utility Stocks To Buy Right Now11. Edison International (NYSE:EIX)Number of Hedge Fund Holders: 28Edison International (NYSE:EIX) is involved in the generation and distribution of electric power. The company serves residential, commercial, industrial, public, and agricultural customers in California. Additionally, Edison International offers decarbonization and energy solutions to commercial, institutional, and industrial customers in North America and Europe. On December 31, Edison International (NYSE:EIX) declared a $0.78 per share quarterly dividend, a 5.8% increase from its prior dividend of $0.74. The dividend was distributed to shareholders on January 31. According to Insider Monkey’s fourth quarter database, 28 hedge funds were bullish on Edison International (NYSE:EIX), same as the prior quarter. Richard S. Pzena’s Pzena Investment Management is the leading stakeholder of the company, with 13.3 million shares worth $950.7 million. Like NextEra Energy, Inc. (NYSE:NEE), PG&E Corporation (NYSE:PCG), and The Southern Company (NYSE:SO), Edison International (NYSE:EIX) is one of the best utility stocks to invest in. ClearBridge Large Cap Value Strategy made the following comment about Edison International (NYSE:EIX) in its Q3 2023 investor letter:“Our two utilities Sempra and Edison International (NYSE:EIX) were also negatively impacted by rising rates, although both outperformed the utility benchmark. We maintain a large active overweight to Sempra and added opportunistically to Edison to reflect its strong fundamentals.”10. Consolidated Edison, Inc. (NYSE:ED)Number of Hedge Fund Holders: 28Consolidated Edison, Inc. (NYSE:ED) specializes in regulated electric, gas, and steam delivery services in the United States. The company operates infrastructure, including transmission lines, substations, transformers, overhead and underground distribution lines, as well as natural gas distribution mains and service lines. It is one of the best utility stocks to buy. On February 15, Consolidated Edison, Inc. (NYSE:ED) reported a Q4 non-GAAP EPS of $1.00, beating market estimates by $0.03. The company also declared a $0.83 per share quarterly dividend on January 18, which will be paid on March 15 to shareholders on record as of February 14. According to Insider Monkey’s fourth quarter database, 28 hedge funds were bullish on Consolidated Edison, Inc. (NYSE:ED), compared to 27 funds in the prior quarter. Ken Griffin’s Citadel Investment Group is the leading stakeholder of the company, with 879,923 shares worth $80 million. 9. Eversource Energy (NYSE:ES)Number of Hedge Fund Holders: 29Eversource Energy (NYSE:ES) is a public utility holding company engaged in the energy delivery business. The company operates through segments such as Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution. Eversource Energy (NYSE:ES) is one of the best utility stocks to invest in. On February 13, Eversource Energy (NYSE:ES) announced its agreement to divest its 50% ownership in the South Fork Wind and Revolution Wind projects, located off the northeastern US coast, to Global Infrastructure Partners for approximately $1.1 billion in cash. This move brings Eversource Energy a step closer to achieving its objective of withdrawing from the challenged wind power sector. According to Insider Monkey’s fourth quarter database, 29 hedge funds were long Eversource Energy (NYSE:ES), compared to 30 funds in the preceding quarter. Phill Gross and Robert Atchinson’s Adage Capital Management is the largest stakeholder of the company, with 939,334 shares worth $58 million. 8. Duke Energy Corporation (NYSE:DUK)Number of Hedge Fund Holders: 30Duke Energy Corporation (NYSE:DUK) operates as an energy company in the United States. The company has two segments – Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). On January 11, Duke Energy Corporation (NYSE:DUK) declared a quarterly dividend of $1.025 per share, in line with previous. The dividend is payable on March 18, to shareholders of record on February 16. It is one of the best utility stocks to watch.According to Insider Monkey’s fourth quarter database, 30 hedge funds were bullish on Duke Energy Corporation (NYSE:DUK), compared to 39 funds in the last quarter. John Overdeck and David Siegel’s Two Sigma Advisors is a significant position holder in the company, with 733,100 shares worth over $71 million.7. WEC Energy Group, Inc. (NYSE:WEC)Number of Hedge Fund Holders: 31WEC Energy Group, Inc. (NYSE:WEC) operates in the regulated natural gas and electricity sectors, providing renewable and non-regulated renewable energy services in the United States. The company operates through six segments – Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. WEC Energy Group, Inc. (NYSE:WEC) is one of the top utility stocks to invest in. On February 1, WEC Energy Group, Inc. (NYSE:WEC) reported a Q4 non-GAAP EPS of $1.10, beating Wall Street estimates by $0.02. However, the revenue of $2.22 billion fell short of market consensus by $510 million. According to Insider Monkey’s fourth quarter database, 31 hedge funds were long WEC Energy Group, Inc. (NYSE:WEC), compared to 25 funds in the last quarter. Israel Englander’s Millennium Management is the biggest stakeholder of the company, with 1.8 million shares worth $152.7 million. Carillon Tower Advisers made the following comment about WEC Energy Group, Inc. (NYSE:WEC) in its Q3 2022 investor letter:“WEC Energy Group, Inc. (NYSE:WEC), the Wisconsin electric and gas utility, fell in a weak utility group as interest rates rose and fears of bad debt expenses gathered. We view the company’s bad debt risk as relatively modest compared to the industry.”6. American Electric Power Company, Inc. (NASDAQ:AEP)Number of Hedge Fund Holders: 32American Electric Power Company, Inc. (NASDAQ:AEP) is an electric public utility holding company in the United States, engaged in the generation, transmission, and distribution of electricity for both retail and wholesale customers. On January 19, American Electric Power Company, Inc. (NASDAQ:AEP) declared a quarterly dividend of $0.88 per share, in line with previous. The dividend is payable on March 8, to shareholders on record as of February 9. According to Insider Monkey’s fourth quarter database, 32 hedge funds held stakes in American Electric Power Company, Inc. (NASDAQ:AEP), compared to 39 funds in the last quarter. Eric W. Mandelblatt’s Soroban Capital Partners is a prominent stakeholder of the company, with approximately 2 million shares worth $159.5 million. In addition to NextEra Energy, Inc. (NYSE:NEE), PG&E Corporation (NYSE:PCG), and The Southern Company (NYSE:SO), American Electric Power Company, Inc. (NASDAQ:AEP) is one of the best utility stocks to monitor. It ranks 6th on our list. Here is what ClearBridge Investments Value Equity has to say about American Electric Power Company, Inc. (NASDAQ:AEP) in its Q1 2022 investor letter:“About 5% of the portfolio is in transitioning power companies, typically migrating from coal to renewables. We have been active in encouraging these transitions and added a new position in American Electric Power (NASDAQ:AEP). AEP has the fastest planned renewable energy ramp in the U.S., with plans to both shrink coal and grow renewables by 50% each by 2030. This would drive an 80% emissions reduction, while supporting high single-digit earnings growth at a double-digit return.” Click to continue reading and see 5 Best Electric Utility Stocks To Buy Right Now.  Suggested articles:12 Best Gold Mining Companies to Invest In According to Analysts13 High Growth Penny Stocks That Are Profitable20 Most Carbon Productive Companies in the World Disclosure: None. 11 Best Electric Utility Stocks To Buy Right Now is originally published on Insider Monkey.

Insider Monkey

11 Best Electric Utility Stocks To Buy Right Now

https://finance.yahoo.com/news/11-best-electric-utility-stocks-134033847.html

667fe21f-8bb2-3768-bcb2-20ec5da857a2

SO

In the latest market close, Southern Co. (SO) reached $69.25, with a +0.98% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 1.03%. Elsewhere, the Dow gained 0.34%, while the tech-heavy Nasdaq added 1.51%.The the stock of power company has risen by 2.43% in the past month, lagging the Utilities sector's gain of 2.77% and the S&P 500's gain of 3.21%.Investors will be eagerly watching for the performance of Southern Co. in its upcoming earnings disclosure. The company is expected to report EPS of $0.91, up 15.19% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $7.02 billion, indicating an 8.35% growth compared to the corresponding quarter of the prior year.Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.01 per share and revenue of $27.89 billion. These totals would mark changes of +9.86% and +10.43%, respectively, from last year.Investors should also take note of any recent adjustments to analyst estimates for Southern Co. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.06% rise in the Zacks Consensus EPS estimate. Southern Co. is holding a Zacks Rank of #3 (Hold) right now.Looking at valuation, Southern Co. is presently trading at a Forward P/E ratio of 17.11. This denotes a premium relative to the industry's average Forward P/E of 14.41.Story continuesMeanwhile, SO's PEG ratio is currently 4.28. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Utility - Electric Power industry had an average PEG ratio of 2.6.The Utility - Electric Power industry is part of the Utilities sector. This industry, currently bearing a Zacks Industry Rank of 172, finds itself in the bottom 32% echelons of all 250+ industries.The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSouthern Company (The) (SO) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Southern Co. (SO) Ascends But Remains Behind Market: Some Facts to Note

https://finance.yahoo.com/news/southern-co-ascends-remains-behind-231518098.html

debbece7-47fd-3cf0-9a44-3b6168bbc3fa

SO

Energy Industry Veteran Innovator Talks Climate InnovationAUSTIN, Texas, March 8, 2024 /PRNewswire/ -- Nicor Gas announced today that Meena Beyers, vice president of Community and Business Development for Nicor Gas, will be a featured speaker at the SXSW session entitled, "Solving for the Climate Crisis: One Startup at a Time." The session will discuss innovative ways of addressing climate change.Beyers' session, part of SXSW x Midwest House's Chicago Day, will take place on March 9, 2024, from 3-4pm CT at Half Step Bar at 75-1/2 Rainey Street in Austin, TX. Registration is free, but required for entry."Nicor Gas is at the forefront of facilitating innovative conversations and relationships between technology and business leaders to combat climate change," said Beyers. "The utility has been an industry leader in innovation around sustainable dual fuel solutions."Beyers heads up a number of innovation initiatives at Nicor Gas including the development of the nation's first-ever net zero affordable Smart Neighborhoods™ with Habitat for Humanity. The community leverages cutting edge smart technologies and renewables like battery and solar, as well as dual fuel energy efficiency strategies to allow for homeowners to manage their energy costs as well as their carbon footprints.To speak with Meena Beyers at SXSW, contact Juliet Shavit at [email protected]. To attend the SXSW session, register at midwesthouse.org/schedule. More information about the Nicor Gas Smart Neighborhoods™ is available at ngsmartneighborhoods.com.About Nicor GasNicor Gas is one of four natural gas distribution companies of Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO). Nicor Gas serves more than 2.3 million customers in a service territory that encompasses most of the northern third of Illinois, excluding the city of Chicago. For more information, visit nicorgas.com.Story continuesAbout Southern Company Gas Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America's premier energy company. Southern Company Gas serves approximately 4.3 million natural gas customers through its regulated distribution companies in four states with approximately 600,000 retail customers through its companies that market natural gas. Other businesses include investments in interstate pipelines and ownership and operation of natural gas storage facilities. For more information, visit southerncompanygas.com.Media ContactJuliet ShavitSmartMark Communications, LLC for Nicor [email protected] original content:https://www.prnewswire.com/news-releases/meena-beyers-of-nicor-gas-to-speak-at-sxsw-2024-302084177.htmlSOURCE Nicor Gas

PR Newswire

Meena Beyers of Nicor Gas to Speak at SXSW 2024

https://finance.yahoo.com/news/meena-beyers-nicor-gas-speak-150000109.html

52a4cd99-fe52-3052-aca5-462a9d0a8f09

SPG

In this podcast, Motley Fool host Dylan Lewis and analysts Emily Flippen and Matt Argersinger discuss:Chipotle's status as big burrito, and how things look as the stock hits all-time highs.Spotify's and Uber's impressive combo of growth and efficiency.Earnings updates from Roblox, Simon Property Group, and Enphase.Two stocks worth watching: Starbucks and Snap.Motley Fool host Deidre Woollard caught up with Scott Rick, a marketing professor at the University of Michigan and the author of Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.Where to invest $1,000 right nowWhen our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has nearly tripled the market.*They just revealed what they believe are the 10 best stocks for investors to buy right now…See the 10 stocks*Stock Advisor returns as of February 12, 2024This video was recorded on Feb. 9, 2024.Dylan Lewis: Peak burrito is coming. Well, the good times keep rolling for Chipotle. Motley Fool Money starts now.It's the Motley Fool Money radio show. I'm Dylan Lewis. Joining me over the airwaves, Motley Fool Senior Analysts, Emily Flippen and Matt Argersinger. Fools, great to have you both here.Matt Argersinger: Dylan.Emily Flippen: Good to be here.Dylan Lewis: We've got updates on big burrito, big music, some tips on how to talk about money with your partner, and rate our stocks as always. But we are picking up with the earnings beat. It was a big week for big names. Matt, we're going to start things off with Chipotle. Shares up after earnings, there was an extra serving of guac for investors. Strong beats on the top, and bottom line with company results.Story continuesMatt Argersinger: Big burrito. I almost think they should call it like standard burrito [laughs] standard oil back in the day. This company is getting bigger, and getting bigger in a very profitable way Dylan. Look at 15% sales growth, 8.4% comps, which were way ahead of expectations, that's very impressive. More impressive though, actually, is that the sales Chipotle is making are increasingly more profitable for the company. If you look at the restaurant-level margin, that was up 140 basis points year over year in the quarter. Chipotle's overall operating margin was also up 80 basis points year over year. Adjusted earnings for share up 25%. The company opened 120 restaurants in the quarter. That was a record, and it included 110 Chipotlanes, which if you don't know that's Chipotle's word for stores that have drive-through, [laughs] but they call them Chipotlanes. Those have been very successful and very profitable for the company. They only started in 2019. These Chipotlanes have really contributed to the company's digital sales, which were up 36% in the quarter, really impressive. If you're a Chipotle shareholder, I'd say 2024 and beyond is looking pretty bright. On the conference call, CEO Brian Niccol, he reiterated the five key strategies he has for the business. One of those is accelerating store openings. So last year, 2023, they opened 271 restaurants. That was a record. This year, they're targeting between 285 and 315 openings, mostly in North America, and 80% of those stores will include a Chipotle. Long term, the company believes they can get to 7,000 stores, which is more than double that they have today. If each of those stores is more profitable as they continue to be, Chipotle is going to be a much more valuable company in the future, bigger burrito.Emily Flippen: Chipotle has held up so much better than I ever expected it to over the last couple of years when so much of their sales growth was driven by things like price increases. I almost can't help but feel like, Chipotle is the burrito version of Icarus, who is just flying a little too close to the sun, and at some point, consumers are going to step back and say, I can't afford this anymore. To Chipotle's credit, that has not happened yet. Their ability to launch new products that upsell people, so you get the cheap chicken burrito if that's your thing, or you can pay for the carne asada, which is their special menu item at the moment. Their ability to upsell people who can't afford it is great. But I try to keep my expectations a little bit lower with Chipotle, because things have been so hot for so long, and we've seen other food establishments really struggle over the course of the past couple of years. So I like this stock, it continues to be a Motley Fool recommendation, but I always, as an investor, just try to temper my near-term expectations.Dylan Lewis: I think the burrito that flies too close to the sun might be a case idea if you really want to get into the tortured metaphor. [laughs] I think that's where it starts to trend. One of the things that really jumped out to me just in an all-firing cylinders type quarter Matt was, you talked about the same-store sales growth, 8%, it wasn't price hikes, 7% growth in foot traffic. It seems like everything seems to be working for this business, is there anything that you're concerned about?Matt Argersinger: Well, yes, I think Emily made a great point. Restaurant concepts come and go, Chipotle has proven to be really just sustaining in its success. I would say one thing that stands out to me if I could be Armchair CEO for a day, they've done a lot of share repurchasing lately. Last year they bought back about 600 million, they've got another 400 million, they've earmarked for buybacks. But stock at all-time high, hey, those buybacks which came at lower prices, they've worked out so far. But if you look at the share count for Chipotle, it's down less than 1% over the last five years. It's a lot of money invested, shareholders really haven't got a huge benefit, and it's an expensive stock. Talk about flying close to the sun, it's over 60 times earnings. Just for context, and I know this isn't apples to apples, but take Starbucks, which also happens to run a pretty successful restaurant concept with similar margins to Chipotle. It has ten times the number of restaurants that Chipotle has, yet its market cap is only 40% bigger than Chipotle's. If I were CEO Brian Niccol, I'd stop the buybacks, and I'd consider paying a dividend. That's coming from me, of course, it's not surprising. But if Chipotle pulled a Zuckerberg, and just paid a 0.5% dividend, it would only cost them around 340 million a year. That's just over half of what they spent on buybacks last year, and the earnings per ratio would still be less than 25%. I just think Chipotle is a mature, established business, it's got great earnings disability. Dividends also have a wonderful way of exerting a little discipline on capital allocation over time. That would be my one message to CEO Brian Niccol, great job, start paying a dividend.Dylan Lewis: Dividends are the new growth, that's the story we're trying to sell in the marketplace.Matt Argersinger: In my world, that's definitely true though.Dylan Lewis: One company that's probably not going to be issuing a dividend anytime soon, Spotify. We got results from the music streamer this week. Emily, I think the story with this company for a while has been beat a little bit by the growth monster and some of the restructuring that's been going on in the market, and adjusted expectations. But man, what a great past year for this company as you look at the financials and the stock performance.Emily Flippen: Dividends are the new growth. Please, growth is the new growth.[laughs] Spotify saw Chipotle's quarter, and said, look, hold my burrito, let me show you what I can do. [laughs] It really was a 1, 2 punch for Spotify, which is to say two things have always been held on hold over them. Which is can they be profitable, can they expand margins, or can they grow fast enough? And the market has always either punished them for one or the other. Your revenue growth wasn't fast enough, your user growth wasn't fast enough. Or if the user growth and your revenue growth there, well, your profitability is not fast enough. If you're Dan Ek, the founder and CEO of Spotify, you're probably just scratching your head like, what do you want for me? Well, this is the quarter that investors wanted. They wanted to see, on the gross side, that double-digit growth of both monthly active users and paying subscribers, which both beat expectations, growing double digits in the quarter. Revenue growth was up 20%, largely due to a massive turnaround in their ad base business which is what investors wanted because the gross margins on their music streaming business were great are capped somewhere around 30% or so. They need those margins on the ad business to expand, to drive profitability, and they actually saw ad revenue reach an all-time high in the quarter, which was up 12% quarter over quarter, that is not year over year. Great execution on both sides, they continue to see strong engagements from their customers. Spotify wrapped, for anybody who's a Spotify listener, they had a 40% increase in engagement year over year. So a crazy amount of adoption there. Big picture, I still think that's going to be hard for Spotify to continue this all of execution. They've certainly been benefited by the recent turnaround and ad revenue. But if the economy stays strong, there's no reason to believe that Spotify won't either.Dylan Lewis: Emily, you talked about the user engagement there and one of the things that Spotify did over the last year was unveil Audiobook offerings as part of the member benefit, the subscriber benefit for the service. The company now claims the title of Number 2 Audiobook provider behind Amazon's Audible. Are you surprised with how quickly they've been able to rise in the space?Emily Flippen: Not at all. Not to mention that they're providing 15 free hours of listening or free, theoretically, to people who are already paying subscribers. It's easy to understand how they got that adoption. But if I was Audible, I'd be shaking in my boots right now because Spotify was a decade late to the podcasting game after Apple, and they are the largest podcasting platform in the world. In my opinion, there's no reason to believe they can't repeat that magic with Audiobooks.Dylan Lewis: We'll stick with the consumer-facing names and wrap the earning segment here with a discussion on Uber. Matt, this is not your older cousin's Uber. The days of growth at all costs are gone, the company reported Q4 results and its first-ever full-year profit.Matt Argersinger: Yes, just like Meta, I think, early 2022, Amazon, and a few others, Uber said, you know what? We're done with the growth at all costs, as you said. It's really all about efficiency and profitability, and man, those efforts have really paid off. Last year, they paid off in the fourth quarter. Uber surpassed expectations on every front. If you look at revenue, mobility revenue, the core business, delivery revenue earnings, active platform customers grew 15% year over year, trips were up 24%, bookings were up 22% up 29% in the core mobility segment, which is really impressive. You mentioned the profitability. Income from operations 652 million, and for the first time on a full-year basis, Uber generated positive operating a gain of 1.1 billion, and positive gap earnings as well so really awesome, the only real negative in the report that I saw was there was a 17% decline in the freight business, which is very small. It's a relatively new business for Uber. It's not costing the company very much right now, but you wonder if that segment is ever going to get off the ground and how much it's going to cost to get there. Uber also has about 5.7 billion in net debt. I was surprised to see that number as high as it is. Interest expenses is eating into profits, if they get paid that debt down a little bit or if interest rates come down, they'll actually be a lot more profitable. Unfortunately, Uber generates a ton of free cash flow now, so they have room to pay that debt down if they want to.Dylan Lewis: I want to take this to a similar spot that we just did with Chipotle. It's easy to look at a company at all-time highs and start to say, are we getting a little close here? Is it getting a little rich? Uber is at a $140 billion valuation at this point, people who have bought in early are now seeing the results, and seeing some gains. Matt, what do you make of the company at this point?Matt Argersinger: I think good companies, of course, are meant to make new all-time highs. I think Uber is selling off a little bit this week because it's had such a big run into these earnings. But this is what you want to see, and I think this is a situation where the turnaround is real, and this company is very dominant in what it does. I wouldn't be surprised to see higher highs in the near future.Dylan Lewis: Coming up after the break, we're checking in on virtual gaming, and what the retail mall situation looks like. Stay right here, this is Motley Fool Money.MALE_3: Did you know that even if you have a 401(k) for retirement, you can still have an IRA? Robinhood has the only IRA that gives you a 3% boost on every dollar you contribute when you subscribe to Robinhood Gold. But get this, now through April 30, Robin Hood is boosting every single dollar you transfer in from other retirement accounts with a 3% match. That's right, no cap on the 3% match. Robinhood Gold gets you the most for your retirement thanks to their IRA with a 3% match. This offer is good through April 30. Get started at Robinhood.com/boost, subscription fees apply. Now for some legal info. Claim as of Q1 2024 validated by radius global market research. Investing involves risk including loss limitations apply to IRAs and 401(k)'s. 3% match requires Robin Hood Gold for one year from the date of the first 3% match must keep Robin Hood IRA for five years. The 3% matching on transfers is subject to specific terms and conditions. Robin Hood IRA is available to US customers in good standing. Robin Hood Financial, LLC member SIPC, is a registered broker dealer.Dylan Lewis: Welcome back to Motley Fool Money. I'm Dylan Lewis joined over the airwaves by Emily Flippen and Matt Argersinger. We're going to keep the earnings focus going. A strong response in the real world to results from virtual world, gaming company Roblox. Emily, this is a business that has been bite a bit by the growth whims of the market and by some user trend issues. Is it back on track now?Emily Flippen: I think Roblox has been on track a for a long time and I feel like investors who thought that Roblox got off track were enthralled by its abnormal performance during the pandemic and then thought that they could extrapolate that level of engagement and trend out for the foreseeable future, even when kids weren't sitting on their computers at home or x-boxes at home all day and obviously that wasn't the case. But Roblox has been executing, in my opinion, in every way that they have been able to in their control since the pandemic ended and you'd be shocked if you weren't somebody who follows this company to see just how well engagement and user growth has stayed up. In this past quarter they saw 22% increase in their daily active users. That brings them to just under 70 million. That's an insane number of I'd say kids, but the audience has gotten increasingly older, but users who are actively playing on this platform every month and a lot of that growth has come internationally. Last quarter, most of that growth was driven by expansion in India and Japan. But even in North America, which is their highly monetizable user growth here in the United States and Canada, that was up 17% year for year. So there are still people who are flocking to this platform to engage and play games and that has created a really profitable cycle for Roblox. They had a 25% increase in bookings in the quarter, 20% growth in operating cash flow, which is big for them because as part of their investor day last year they said we're going to focus on profitability, still drive that growth, but you're going to see more cash flow and that's exactly what investors got.Dylan Lewis: You mentioned the user count they're checking in at around 70 million at this point. We got some interesting total addressable market updates from management and some of the commentary, I want to go check them with you. CEO said we enter 2024 with even more conviction of being able to achieve our long term goal of attracting 1 billion daily active users with optimism and civility. Emily, I feel like anytime we get a total addressable market figure from management, we have to discount it a little bit. How much are you discounting that 1 billion?Emily Flippen: I'm discounting it pretty significantly, especially when it makes that 70 million feel so tiny and if you're a management team, I understand you want to have a big vision for your company moving forward. But I do think that investors should never just take the word of management, but do their own research, that is part of the investing process. Now, to be clear they don't need to have 1 billion users and I don't think they're going to get to a billion users but they don't need to have that many users to be a good investment from this point forward and I do think a lot of these hiding expectations actually come from the integration of things like AI onto their platform which as an investor doing my own research, I feel a lot more conviction and because of the immediate use cases that GPTs and other large language models provide for things like coding and development. To help people get their Pot games from idea in their head onto a platform where they can actually monetize them. We're seeing real ways that's executing today even without 1 billion active users.Dylan Lewis: From the worlds built by ones and zeros to the ones built by brick and mortar. Matt, when we were talking about Chipotle earlier, the story was foot traffic is back, this week we got results from mall and outlet with Simon Property Group. How are things looking in that space?Matt Argersinger: Things are looking pretty good. But let me ask you, Dylan, when was the last time you were at a mall?Dylan Lewis: Over the holidays for about 20 minutes and I regretted the choice immediately.Matt Argersinger: Emily, how about you? When's the last time you were at a mall.Emily Flippen: I go to the mall every single weekend. I'm awful.Matt Argersinger: Really?Emily Flippen: I like to get my coffee and walk around and maybe shop a little bit, but mostly look at people.Matt Argersinger: Well, OK, that's interesting. I visit my mom up in Massachusetts pretty regularly and don't ask me why, but she loves to go to the mall, so when I'm with her, we will go to the mall and I visited one back in November. Granted, it was during the holiday shopping period, but it was packed. In fact, a few of the stores felt like fire hazards truly and yes, it was a Simon Property mall. Simon, and when I say Simon I mean the company and its CEO David Simon, have been desperately trying to tell us over the past few years that despite e-commerce, despite this global pandemic that we had, malls are in fact not dead and Emily just confirmed that they are not dead because Emily's in her '20s and she's going to the mall every weekend. But you can see it in Simon's results. I mean, occupancy across Simon's portfolio, 95.8% at the end of 2023, up from 94.9%. Simon's base minimum rent was $56.82 per square foot. That's up from a year ago and then if you look at retail sales per square foot, these are Simon's tenants, the sales, they're reporting $743 per square foot for the full year. Just slightly below where they were in 2022 so the consumer is holding up really well. If you look at the company level earnings funds from operations, which is a REIT metric for cash flow up 8.5% to $3.69 in the quarter. To top it off guys, Simon raised its quarterly dividend by $0.05 to $1.95. That is the ninth time, the ninth time that Simon has raised its dividend since 2020, just four years ago, so really impressive all around. Somehow this stock trades for 12 times FFO per share, pays a 5.5% dividend. I don't think it stays that cheap for long, especially with Emily Flippen going to the mall every weekend, so check out Simon Property Group, cheap stock cheap.Dylan Lewis: We're going to wrap up our earnings takes by looking at Enphase Energy. Emily, a massive post earnings move from the company. Immediately after the company posted earnings, shares were up 20%. What had the market so excited about the solar stock?Emily Flippen: Well, I don't know if it was the 70% decline sequentially in Europe or the 35% decline sequentially in the United States that had investors very excited. I'm saying this very tongue and cheek. Obviously, those are not strong numbers but the commentary that management provided around the demand structure for Enphase which does create micro inverters for things like solar panels as well as batteries for stolge storage, the commentary was to say that the market is going to stabilize. So now a lot of this demand is driven by external factors, so we're talking about government incentives, conflict globally, as well as things like interest rates because a lot of people choose to finance their installation of solar projects. All of those things have these kind of external factors that have pushed down demand and sell through for the company over the course of the past year. But that management that things may be normalizing alongside that expectation, that maybe interest rates come down a bit over the course of the next year I think has the market a bit more excited after a year of pessimism.Dylan Lewis: So maybe the outlook isn't quite as cloudy, is that the take?Emily Flippen: Yes, and a lot of their near term outlook is because their partners or distribution partners are working through existing inventory levels, so they're not shipping through new products. But that doesn't mean the actual sell through on the other end is as bad as it initially looks this quarter. So I do think that the expectation is for a little bit of normalization heading into 2024.Dylan Lewis: Emily, this is a name that I'm not super familiar with, and so I was getting up to speed before we headed into taping. You mentioned a whole host of different macro factors there, is this one of those companies that investors just have to understand, there are some larger whims that are going to sweep up the adoption and sell through on the product?Emily Flippen: Yeah, the biggest thing to understand for somebody who's not familiar with this space is that solar is by far the cheapest form of electricity and energy is expensive especially for areas like Europe for instance, and only getting more expensive over time. So the long term tailwinds should be there for the demand and installation of solar projects, even if the near term is extremely lumpy, as you mentioned, due to these external circumstances, so don't write off this business just base out those headline numbers.Dylan Lewis: Emily, Matt. We're going to see you guys a little bit later in the show up next, we've got tips for handling money issues, whether you're a tight wad or spendthrift stay right here, you're listening to Motley Fool Money.Welcome back to Motley Fool Money. I'm Dylan Lewis. Valentine's Day is coming up and in fact, this is your PSA. If you don't have anything planned yet for the person in your life, you still have time. Go get after it to help our listeners in all matters, gift giving and money and relationships. My colleague, Deidre Woollard, caught up with Scott Rick, a marketing professor at the University of Michigan, and the author of Tightwads and Spendthrifts, navigating the money minefield in real relationships, they dug into the two major camps of savers and spenders, how payment salience is making things a bit tougher for everyone, and Rex for great gifts.Deidre Woollard: Well, this book was really fascinating to me. I think I learned a little bit about myself and in the process, but let's start with the basics. What is a tightwad and how does it compare to someone who maybe is just a little frugal?Scott Rick: They will look quite similar on paper of a tightwad and a highly frugal person. But a tightwad is someone who often has money to spend and they know there are things that would make them and the people around them happier. But the prospect of spending the money makes them very anxious and they just can't make it happen. The thought of spending the money keeps them from buying a lot of the stuff that they realize would be in their best interest. This can be very frustrating for them, and the people around them can lead to a lot of internal conflict. Again, it can look good on paper, but it's not always a pleasant internal situation. Whereas a highly frugal person that's quite different. Frugal people, they save a lot, they're happy. They believe in saving. They love reusing items until they're just completely worn out. They're not overburdened with a lot of desire for new material objects. They're just living very conservatively and loving it. Frugal people tend to be quite happy whereas tightwads, that's a little trickier.Deidre Woollard: It sounds like there's some anxiety about the spending that, that sort of defines what a tightwad is.Scott Rick: Yes. Anxiety, distress. Those are the key feelings that keep them from spending what they think they should.Deidre Woollard: Now on the other side, the flip side, this spendthrift people think of this as maybe compulsive shopping, but this is not just someone who doesn't just spend, but it sounds like they almost don't think about money at all. Is it the opposite of the anxiousness about money?Scott Rick: Well, I think they realize they're not kind of doing what they should be doing. If you ask them like, oh, here's like a fun new product, when do you think you'll get tired of this? They're actually better at knowing when they're going to get tired of something than a tightwad is. They just care less about those future outcomes. They're very present oriented, living in the moment, they're aware of implications and negative implications of their shopping today. They're just not so constrained by those thoughts, that awareness of what happens later. They're living in the moment where a tightwad will sometimes they don't shop for things that they know they need. Spendthrifts will shop for not only what they need, but also what they might need some day, I'm at the store, I'm buying clothes for work. There's a fun velvet jacket that might be fun for a fancy party. I'm not invited to such a party, but what if I am some day? I'd rather be looking at it than looking for it, is the spendthrift ideology.Deidre Woollard: In terms of how that works with like a compulsive shopping or hoarding, it sounds like it's slightly different because they don't need to amass as much stuff, they just don't think about it as much.Scott Rick: Things like compulsive shopping. There's research showing that is often related to depression and can be treated with anti-depressants and therapy. There is a more therapeutic approach to tamping down compulsive shopping. I think hoarding is in that ballpark. Whereas I don't think something like an anti-depressant would have much of an effect on spendthrift. That doesn't seem to be what's driving them to spend so much. It's just someone cut the brakes on the car, they just don't have the stop signal so good.Deidre Woollard: It sounds like the spendthrift is happier than the tightwad overall.Scott Rick: Well, they're both conflicted. That's what they have in common that they're both torn. There are people in the middle of this distribution, we call them unconflicted consumers, and they are in the Goldilock zone, and not too little, not too much, and they're happy with what they spend. But it's the two extremes, the tightwads and Spendthrifts. There's a lot of regret there. They're kicking themselves, but for very different reasons.Deidre Woollard: We've got a quiz in the book. I don't want to go through the whole thing, but if you're trying to assess where you might fall on that spectrum, what are some quick questions you can ask yourself?Scott Rick: Well, imagine you go to the mall and are you kicking yourself afterwards for either not buying something that you thought you should, that's a tightwad thought or are you like, well, I probably shouldn't have bought, that's the spendthrift. The scale has questions like that. Who do you relate to more? What perspective? I see this in my own life. I'm a spendthrift. I'm married to a tightwad, and my wife used to come home from shopping, what she called shopping. But she would tell me about the things she wished she bought and I was like, why didn't you buy the thing? My goodness you could use that. Those regrets is what the scale tries to tap into.Deidre Woollard: Well, on either side you've got these ways that you can mitigate your own tendencies. One of the things you talk about in the book is the way that spending has shifted and just the way that it's frictionless. You talk about this thing that I thought was really interesting called payment salience, which is just this awareness of the fact that you're spending, even when you're just swiping a card or tapping something on your phone. How can you reduce or increase this to mitigate your natural tendencies?Scott Rick: Certainly retailers are doing everything they can to reduce payment salience and the emphasis, and they're artists like Amazon, it's amazing. If you're a tightwad, it's just putting yourself in those places where you can distract yourself and not pay too much attention to the money leaving your possession. The real challenges for the spendthrifts, they're on their own to ramp up payment salience, but it's doable. It's possible. When I was in grad school and I had no money, I had to turn myself into a temporary tightwad. I would pay with cash whenever possible, I would make sure I felt pain at the ATM reducing my account balance and then pain at the store when paying with cash. Just trying to put up these speed bumps, all this friction like paying attention to the money I was spending. When I would spend with a card, I would get the receipt, take it home, and go into my Excel file and keep track of each purchase. That was painful to look at all this money being spent. I was just trying to ramp up how obvious it was, the money leaving my possession and so that's the challenge for spendthrift. You're on your own, retailers are not looking to help you.Deidre Woollard: [laughs] Definitely not. I think it's interesting that we all have these tendencies and then we have to work against our own nature to get us more to the middle ground.Scott Rick: Yes, exactly. But we can learn from people trying to influence us. I think there are things we can do to influence ourselves, to reshape how we think about choices and what reminders or speed bumps we put in our own environment so we can become like self marketers, so to speak.Deidre Woollard: Well, you mentioned that you're the spendthrift, you're married to the tightwad, I think I might be the tightwad, married to the spendthrift. You've done some research on whether or not these different types are likely to marry. What did you discover? How does some of this play out?Scott Rick: Normally, we marry ourselves. We like most things about ourselves and we look for that in other people. But if there is something we don't like about ourselves, we're not necessarily looking for that in someone else. It can really shine a uncomfortable spotlight on the issue. If I see someone who approaches money the same way I do, and I don't like how I approach money, it's like, is that what I look like? Is that what I act like? It can really be a real turn off at first, we find that indeed tightwads and spendthrifts are more likely to marry each other than they are to marry someone like themselves. We think that's fun at first, but there are lots of things that are fun at first, that are less fun in a marriage when the decisions are more important. When there are higher stakes. It is one of these so called fatal attractions. If I'm a shy person, I might find someone really outgoing, fun and exciting at first. But eventually I do need my quiet time and it might get old over time. This seems to be one of those patterns.Deidre Woollard: What happens if the two alike types marry each other? If a tightwad and a tightwad get together, is it just a big grim and if a spendthrift and spendthrift get together, do they just bankrupt themselves?Scott Rick: Well, I would say that the two spendthrift pairing is the most dangerous and it can be financially explosive. But certainly if they have the money to spend, that could be quite a fun life, but that is a very precarious pairing. Now to tightwads, if you're just looking to maximize the money in the home, you want to put as many tightwads in the home as possible, for sure. They are usually living a pretty stable comfortable life. It's not necessarily an exciting one or filled with much adventure, or novelty, or fresh experience. They can work at that but left to their own devices, it can be, not for everyone, let's say, a little quiet. I do think a mismatched couple has the most potential for happiness, because I think this balance can work but it takes some efforts.Deidre Woollard: Sounds like it may also take some self awareness too. If you don't know which side you're on, then the other person's spending attitude can just seem wrong and stupid.Scott Rick: Oh yes. It's good to do things like take this scale, the tightwad-spendthrift scale, or there are other questionnaires, things to reflect on what you're up to, and try to think about what your partner, how they might respond, see if you can guess their responses. But yeah, it's good to know where everyone's coming from. Like I might get a gift from my spouse that seems really cheap and like, "Oh my God, you don't love me, do you?" But I need to keep in mind like, "Oh, you really find it painful to spend money." It's not your feelings about me, it's just your nature, it's in you. It helps me interpret how you spend and what you think about me. It's good to keep in mind where everyone's coming from.Deidre Woollard: We're recording this near Valentine's Day and this is one of those gifting land mines. This is worse than Christmas, in my opinion. You talked earlier about tightwads and spendthrifts and understanding each other's gifting language. How do we get through this holiday and give appropriate gifts without causing ourselves a little bit of pain?Scott Rick: Well, first of all, I suggest don't ask the other person what they want.Deidre Woollard: Oh, yeah. Never works well.Scott Rick: Well, yeah and it can hurt their feelings. You can ask in like the night before, like, "You want something, are we doing Valentine's this year?" No, we don't. But really, the gift giving is a chance to show the person, "Oh, I see you, I know you, I understand you". Giving a good gift, it takes time. You got to be curious about your partner and, and take time to learn about them and ask them what are they excited about? What are they worried about? What are their hopes and dreams? That kind of thing, so there's that. Also, I would say that a good gift requires sacrifice. I need to know that this wasn't super easy for you to find or think of or obtain. I want to get the sense that you didn't just pick this up at CVS on your way home. If a spendthrift wants to sacrifice, it's not going to be through spending money because if I'm married to a spendthrift, I know they find spending money, it's no big deal. Oh, they get me an iPad. It's nice, but they just got themselves the new iPhone. They do this kind of stuff all the time, it's water off their back. They have to do something that takes time and effort. They got to plan a weekend. They got to track down a rare Taylor Swift album autograph or something that is hard to find. They got to put in the efforts. A tightwad, it's a little different. If I know a tightwad doesn't like spending money and they spend a bunch of money, that's a sacrifice. They've endured something painful. Now, it still has to be a thoughtful gift, but for them, spending money can be a real act of self sacrifice. Yeah, I would just say keep in mind the gift will be interpreted based on what the recipient knows about you and how you approach money, so you have to sacrifice accordingly.Dylan Lewis: Listeners, you can catch Scott Rick's thoughts on money and relationships on X. He is @ScottIanRick. A special shout out to the person in my life who makes me a little bit less of a tightwad, Jess. Listeners, we hope everyone out there has someone that loves them and makes them revisit their own money habits. Coming up after the break, Matt Argersinger and Emily Flippen return with a couple of stocks on their radar. Stay right here. You're listening to Motley Fool Money [MUSIC] As always, people in the program may have interests in the stocks they talk about and the Motley Fool may have formal recommendations for or against. Snow buyers, anything based solely on what you hear. I'm Dylan Lewis joined again by Emily Flippen and Matt Argersinger. Matt, Emily, we're going to talk radar stocks in a second. But this week's interview ahead of Valentine's Day was all about savers and spenders and the relationships with money within relationships. I'm going to force you both to put yourself into one bucket, tightwad or spendthrift, Emily, which one is it?Emily Flippen: This is so hard because I think the world is created of grays. But I guess if I have to choose, I would maybe put myself in the tightwad bucket and that bucket. But that's not because I don't like to spend, I think in my relationship, I'm actually the bigger spender of us. But it is because I keep a spreadsheet of all of our finances. I know where every penny is constantly and if that's not the definition of an anxious attachment to money, I don't know what is.Dylan Lewis: Matt, what about you?Matt Argersinger: I also have spreadsheets, but I am very much a spendthrift, especially these days, since I've had a son. I realized that experiences are very important. We just got back from a really expensive ski trip, but we loved every second of it. Really, when it comes to experiences, life events, things like that, I'm doling out the money as fast as I can. Tightwad in other places but not when it comes to that.Dylan Lewis: Let's get over to stocks on our radar. Our man behind the glass is going to hit you with a question. Emily, you're up first. What are you looking at this week?Emily Flippen: Snapchat is on my radar this week. Now, look, when you talk about radar stocks, there's lots of reasons why a business could be on our radar. Sometimes we're buying it hand over fist, sometimes we're interested in a factor. At this case, Snapchat's on my radar because it's down more than 30% after their fourth quarter results. It's certainly worth talking about because that's a pretty massive reaction to what it's otherwise a pretty decent quarter from Snapchat. They had strong user growth, they had decent cost of management executed on a lot of the vision that management had communicated earlier this year. But I think the reason why we're seeing this massive reaction is just because the ad business for so many other companies has been so strong and to see that weakness coming out of Snapchat, and especially attributing a lot of that to global conflict while other businesses are just not saying the same thing, could highlight just a systematic weakness that exists in Snapchat's platform. Which I've always said, I think reduces their ability to monetize as effectively as other platforms. A little bit of the Twitter problem facing snap chat today, so it's on my radar for that reason alone.Dylan Lewis: Dan, a question about a maybe bearish, maybe careful watch stock on Snap?Dan Boyd: Emily, can somebody please take this company private so we don't have to hear about how crappy it's doing ever again?Emily Flippen: I don't know, that Snapchat+ subscription. There's something there.Dylan Lewis: [laughs] It doesn't sound like Dan's going to be signing up for that one. But we'll see, maybe we can convince him. Matt, what's on your radar this week?Matt Argersinger: Well, I think Dan likes coffee. I think he does and so Starbucks is on my radar, ticker SBUX. Company is off to a bit of a slow start to its fiscal year. They hit the low end of their comps and revenue growth in that first quarter. But I think there are three things happening that are pretty compelling. One, really focused on efficiency these days and it's really paying off,290 basis point improvement in operating margin in the quarter, operating profits were up 25%. Second, this is still very much a global growth story. China is still a big market for them, they're just getting started in India. I think there's a viable path for them to double their international stores within a decade. Then third, Starbucks bought back almost $1.4 billion worth of stock in this quarter. That was more than they were purchased in all of fiscal 2023. Management thinks the stock is cheap, I think it's cheap as well. I don't think it stays below $100 for a share for too long. We just recommend the stock in our dividend investor service, I got to give that a shout out. Starbucks is one that I'm paying very close attention to.Dylan Lewis: Dan, a question about Starbucks.Dan Boyd: At risk of alienating all of the listeners I haven't already alienated yet, Matty, I actually prefer tea to coffee.Dylan Lewis: Oh my gosh. That's a shock to the dozens of listeners.Dan Boyd: Yeah. But what a different company than Snap. Starbucks, they seem to be doing really strong, it's something else. Host Emeritus, Chris Hill was always talking about how coffee isn't going anywhere and it looks like that's the truth for Starbucks.Dylan Lewis: Yeah, I think you're right. I think the addiction thesis is a strong thesis, when it comes to people's daily habits and caffeine. That's going to do it for this week's Motley Fool Money radio show. The show is mixed by Dan Boyd. I'm Dylan Lewis. Thanks for listening. We'll see you next time.Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Dan Boyd has positions in Amazon and Chipotle Mexican Grill. Deidre Woollard has positions in Amazon.com, Apple, CVS Health, Meta Platforms, and Simon Property Group. Dylan Lewis has positions in Spotify Technology. Emily Flippen has positions in Spotify Technology. Matthew Argersinger has positions in Amazon, Chipotle Mexican Grill, Simon Property Group, Starbucks, and Uber Technologies and has the following options: short February 2024 $90 puts on Starbucks. The Motley Fool has positions in and recommends Amazon, Apple, Chipotle Mexican Grill, Enphase Energy, Meta Platforms, Roblox, Spotify Technology, Starbucks, and Uber Technologies. The Motley Fool recommends CVS Health and Simon Property Group. The Motley Fool has a disclosure policy.Big Wins in Burritos, Music, and Ride-Hailing was originally published by The Motley Fool

Motley Fool

Big Wins in Burritos, Music, and Ride-Hailing

https://finance.yahoo.com/news/big-wins-burritos-music-ride-120000126.html

009b32c9-8895-3d6f-a86c-bbcb6eefad22

SPG

Retail real estate investment trusts (REITs) specialize in owning and managing retail properties, including shopping centers, malls, strip malls, and other retail spaces. Retail REITs generate revenue through leasing space to retailers, making them a popular choice for investors seeking income.As is the case with all REITs, retail REITs are required to distribute a significant portion of their income to shareholders in the form of dividends, making them a popular choice for investors seeking income.Here are two retail REITs with yields up to 6.4% that you could buy today.Saul CentersSaul Centers (NYSE:BFS) owns and manages a portfolio of 61 commercial properties, including 50 community and neighborhood shopping centers, seven mixed-use properties, and four development properties, containing approximately 9.8 million square feet. The majority of its properties are located in the metropolitan Washington, D.C. and Baltimore area.Saul Centers currently pays a quarterly dividend of $0.59 per share, equating to an annualized dividend of $2.36 per share and giving its stock a yield of about 6.4% at the time of this writing. The company has also raised its annual dividend payment nine times in the last 10 years, making it both a high-yield and dividend-growth play.Don't Miss:Investing in real estate just got a whole lot simpler. This Dara Khosrowshahi-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000.Simon Property Group, Inc.Simon Property Group (NYSE:SPG) owns and operates more than 250 shopping centers across North America, Europe, and Asia, including properties in the top 25 U.S. markets based on population. Its properties are home to more than 3,000 leading brands, including Dick's Sporting Goods, Gap, Lululemon, Macy's, Neiman Marcus, and Tiffany & Co.Story continuesSimon Property currently pays a quarterly dividend of $1.95 per share, equating to an annualized dividend of $7.80 per share and giving its stock a yield of about 5.1% at the time of this writing. The company has also raised its dividend each of the last two years, and its hike last month has it on track for 2024 to mark the third consecutive year with an increase.Read Next:Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000. Collecting passive income from real estate just got a whole lot simpler. A new real estate fund backed by Dara Khosrowshahi gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.Image Credit: Shutterstock"ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now!Get the latest stock analysis from Benzinga?SIMON PROPERTY GROUP (SPG): Free Stock Analysis ReportSAUL CENTERS (BFS): Free Stock Analysis ReportThis article 2 Retail REITs With Yields Up to 6.4% originally appeared on Benzinga.com© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Benzinga

2 Retail REITs With Yields Up to 6.4%

https://finance.yahoo.com/news/2-retail-reits-yields-6-162928063.html

43e3a085-c81b-38a2-952a-9bb35abeec7f

SPG

EDINA, Minn.—Could America’s oldest mall become the mall of the future? To make that leap, mall giant Simon Property Group is spearheading a $400 million spending spree to make Southdale Center in suburban Minneapolis much more than just shopping. Over the past dozen years, Simon has built a growing list of amenities in remote corners of its parking lot: luxury apartments, an extended-stay hotel and a Shake Shack.Continue reading

The Wall Street Journal

A $400 Million Bet Says This Is the Mall of the Future

https://finance.yahoo.com/m/eed45cc4-0183-32b0-b775-072f58247b51/a-400-million-bet-says-this.html

eed45cc4-0183-32b0-b775-072f58247b51

SPGI

Particular financial metrics have been proven to indicate market-beating potential when analyzing stocks. Three examples are businesses with consistently growing dividend payments and a low payout ratio, steady share repurchases, and a high and rising return on invested capital. Finding companies that meet these requirements creates a "stocked pond" for us to fish in.One business swimming around in this stocked pond is animal health specialist Zoetis (NYSE: ZTS). It's achieved a total return above 500% since its spin-off from Pfizer in 2013, but Zoetis has seen its share price struggle lately. It's now trading 23% below its all-time highs.Despite this drop, the company's operations have been resilient. With the human-pet bond growing stronger every year -- and the need to maintain healthy livestock always essential -- Zoetis looks poised to set new all-time highs sooner rather than later.The global leader in animal healthWith its medicines, vaccines, diagnostics, and medicated feed additives, Zoetis has over 300 product lines serving companion animals and livestock. It's home to 15 blockbuster drugs generating over $100 million in sales annually. The company operates through two business segments (with subsequent sales-by-species breakdowns):United States (53% of sales in 2023): Dogs and cats account for 73% of sales, with cattle adding 16%, horses 4%, poultry 4%, and swine rounding things out with 3%.International (46%): Dogs and cats equal 49% of revenue, while the remainder comes from cattle (20%), swine (11%), poultry (9%), fish (6%), horses (3%), and sheep (2%).Zoetis is a well-diversified powerhouse, holding the No. 1 market position in North America, Latin America, and Asia, alongside the No. 2 spot in Eastern and Western Europe. Despite this market share leadership, the company's growth story appears far from over.Zoetis received the first U.S. Food and Drug Administration (FDA) approval for its monoclonal antibody drugs to treat osteoarthritis (OA) in cats in 2022 and dogs in 2023. This is a significant step-change over giving nonsteroidal anti-inflammatory drugs (NSAIDs) to pets. These new treatments could eliminate a lot of pain felt by our furry friends.Story continuesIn the U.S., it is estimated that roughly 40% of dogs and cats show signs of OA, but most went without treatment before Zoetis' breakthrough, primarily due to the risks related to pets taking NSAIDs. Management believes these new drugs should grow to over $1 billion in annual sales at their peak, joining the company's dermatology and parasiticides offerings as $1 billion-per-year therapy areas.On top of this, Zoetis estimates that the renal, cardiology, and oncology markets for companion animals will triple in size by 2032, creating three additional growth avenues for the company's research and development team to explore.Impressive -- and improving -- profitabilityBuoyed by its leadership advantage and long list of patent-protected drugs, Zoetis has achieved top-tier profitability metrics. However, these figures are truly remarkable because they are still improving.ZTS Return on Invested Capital ChartThese steadily rising profitability metrics may indicate a widening moat for Zoetis, which appears to be expanding upon its leadership position in its market. Its return on invested capital (ROIC) is particularly noteworthy, as it highlights the company's ability to generate more net income from its debt and equity than most of its peers.With its current ROIC of 20%, Zoetis ranks in the top quintile of the S&P 500. This is important to investors. Companies in this top 20% have historically outperformed their lower-ranked peers by a wide margin since 2002.Growing cash returns to shareholdersThe company's tremendous net profit margin of 27% arms management with a stockpile of profits to return to shareholders -- and it has a long history of doing so. By buying back roughly 1% of its outstanding shares each year while growing its dividend by 26% annually over the last decade, Zoetis has handsomely rewarded its long-term shareholders.ZTS Shares Outstanding ChartS&P Global's S&P 500 Buyback Index shows the potential of share buybacks. Consisting of the 100 most buyback-heavy stocks in the S&P 500, this index has collectively outperformed the broader S&P 500 Index in 16 out of the 20 years from 2000 to 2019.Furthermore, stocks with growing dividends like Zoetis' have outperformed the S&P 500 Index by 2.5 percentage points annually since 1973. With Zoetis quintupling its dividend over the last decade yet only using 31% of its net income to fund these payments, the company should remain a dividend grower for a long time.Zoetis' stock is trading at 34 times next year's earnings, so investors should be aware that it isn't traditionally cheap. However, thanks to its three market-beating indicators and a leadership position in an industry that should only become more important with time, Zoetis makes for a perfect dollar-cost averaging opportunity.Should you invest $1,000 in Zoetis right now?Before you buy stock in Zoetis, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Zoetis wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.See the 10 stocks*Stock Advisor returns as of February 20, 2024Josh Kohn-Lindquist has positions in Zoetis. The Motley Fool has positions in and recommends Pfizer, S&P Global, and Zoetis. The Motley Fool has a disclosure policy.1 Magnificent S&P 500 Dividend Stock Down 23% to Buy Right Now was originally published by The Motley Fool

Motley Fool

1 Magnificent S&P 500 Dividend Stock Down 23% to Buy Right Now

https://finance.yahoo.com/news/1-magnificent-p-500-dividend-144500022.html

671c524d-4358-3389-92b4-2f76c8026c78

SPGI

NEW YORK, Feb. 26, 2024 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) will replace Physicians Realty Trust (NYSE: DOC) in the S&P MidCap 400 effective prior to the opening of trading on Friday, March 1. S&P 500 constituent Healthpeak Properties Inc. (NYSE: PEAK) is acquiring Physicians Realty Trust in a deal expected to be completed soon pending final conditions. Post-merger, Healthpeak Properties will have a symbol change from PEAK to DOC.Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective DateIndex Name       ActionCompany NameTickerGICS SectorMarch 1, 2024S&P MidCap 400AdditionAmerican Homes 4 RentAMHReal EstateS&P MidCap 400DeletionPhysicians Realty TrustDOCReal EstateFor more information about S&P Dow Jones Indices, please visit www.spdji.comABOUT S&P DOW JONES INDICESS&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.FOR MORE INFORMATION:S&P Dow Jones [email protected] [email protected] original content:https://www.prnewswire.com/news-releases/american-homes-4-rent-set-to-join-sp-midcap-400-302071763.htmlSOURCE S&P Dow Jones Indices

PR Newswire

American Homes 4 Rent Set to Join S&P MidCap 400

https://finance.yahoo.com/news/american-homes-4-rent-set-230400339.html

7e5b130c-72c9-3a14-bc70-0966269d8f0f

SPGI

Tired of the giant Magnificent Seven S&P 500 stocks, yet? Some investors are scrambling to pick up some small-cap stocks left between the cracks.Continue reading

Investor's Business Daily

Investors Rush To Buy 7 Small Stocks Before Everyone Else Does

https://finance.yahoo.com/m/ae2414ed-0f42-3164-b6a6-f25c470c6925/investors-rush-to-buy-7-small.html

ae2414ed-0f42-3164-b6a6-f25c470c6925

SPGI

Week-long programming on technology, innovation and decarbonization—centered in the "CERAWeek Innovation Agora"—will be a major focus at the world's preeminent energy conference, to be held in Houston March 18-22HOUSTON, March 11, 2024 /PRNewswire/ -- Bestselling author Walter Isaacson, as well as leaders from the U.S. Advanced Research Projects Agency-Energy (ARPA-E), Amazon Web Services (AWS), LanzaTech, Microsoft, and Radia will be among the technology and innovation speakers at CERAWeek 2024 by S&P Global 2024—the world's preeminent energy conference—to be held in Houston March 18-22.S&P Global logo (PRNewsfoto/S&P Global)CERAWeek 2024: Multidimensional Energy Transition: Markets, climate, technology and geopolitics will explore strategies for a multidimensional, multispeed and multifuel energy transition—one that reflects different realities and timelines by region, technology, industry strategies, as well as the variety of social and political approaches and divergent national priorities in an increasingly multipolar world.Among the technology and innovation leaders to address conference delegates are:Walter Isaacson, biographer of Elon Musk, Steve Jobs, Albert Einstein, Leonardo DaVinci and professor at Tulane UniversityErnest Moniz, Founder and CEO, Energy Futures Initiative, former U.S. Secretary of EnergyLord John Browne of Madingley, Chairman, Beyond Net ZeroEvelyn N. Wang, Director, U.S. Advanced Research Projects Agency-Energy (ARPA-E)H.E. Iván Duque, former President, ColombiaBill Vass, Vice President of Engineering, Amazon Web Services (AWS)Nicole Iseppi, Managing Director of Energy Innovation, Bezos Earth FundCesar Norton, CEO, HIF GlobalMaria Pope, President and CEO, Portland General ElectricSushil Purohit, CEO, GentariDamien Beauchamp, President and Chief Development Officer, 8 RiversJennifer Holmgren, Chairman and CEO, LanzaTechScott Guthrie, Executive Vice President, Cloud + AI, MicrosoftMeg Gentle, Executive Director of the Board, HIF GlobalMark Lundstrom, Founder and CEO, RadiaJohn Arnold, Founder and Co-Chair, Arnold VenturesYi Cui, Director, Sustainability Accelerator, Professor of Materials Science and Engineering, Stanford UniversityMarco Alverà, Co-founder and CEO, TESDr. Sama Bilbao y Leon, Director General, World Nuclear AssociationFranklin Chang Díaz, CEO, Ad Astra Rocket CompanyHon. Mary Landrieu, Senior Policy Advisor, Van Ness Feldman LLP, former U.S. SenatorStory continuesThe CERAWeek Innovation Agora will serve as the center of technology and innovation programming at the conference. Featuring a community of thought leaders, technologists, investors, academics, energy companies and government officials, the Innovation Agora will showcase transformational technology platforms in energy and adjacent industries—including presentations from more than 200 start-ups—ranging across AI, decarbonization, low carbon fuels, cybersecurity, hydrogen, nuclear, mining and minerals, mobility, automation, and more.The CERAWeek Innovation Agora program is available to all CERAWeek registrants and will comprise a series of thought-provoking conversations, presentations and discussions, including its signature Voices of Innovation series of intimate, one-on-one conversations with thought leaders, Agora Studio sessions featuring moderated dialogues with 2-3 guest speakers on emerging and disruptive technologies, as well as Agora Pods featuring demonstrations and case studies. The 2024 program will also feature expanded Agora Hubs—dedicated areas focused on hydrogen, carbon and climate.The 2024 CERAWeek Innovation Agora program will also include:Houston Energy Transition Initiative (HETI) Energy Ventures Pitch Competition:A competition for start-ups and entrepreneurs where businesses that are focused on providing cleaner and more sustainable energy, while also meeting global energy needs reliably and affordably, will be evaluated by a special judging panel of venture capitalists.US National Labs Participation: Visit the U.S. Department of Energy National Labs Accelerator Room to learn how five of the Labs are applying technologies to solve the challenges of energy transition.Innovation Agora Car Show: A select number of CERAWeek Partners will display and discuss vehicles powered by different fuels and systems—such as EVs, Hybrid, E-Fuels, Biofuels, Hydrogen—that are shaping the automotive future.The 2024 program will also feature the "Clean Energy Commons" fostering connections for the innovation ecosystem as well as the "Clean Tech Corridor" where delegates can meet entrepreneurs building promising companies.Key themes to be explored throughout the Innovation Agora program include:Decarbonizing industry and transportAI and digital technologyFinancial innovationInnovation ecosystemsLow/no carbon power and electrificationHuman capitalHydrogen and low carbon fuelsAddressing climate change"The growth of the CERAWeek Innovation Agora highlights the accelerating pace of the energy transition and the emerging technologies that are driving it," said James Rosenfield, CERAWeek Founder and Co-chair. "These technologies—and the innovators behind them—are more vital than ever in meeting the challenges of a multidimensional, multispeed and multifuel transformation of the energy system."The unique community that the CERAWeek Innovation Agora brings together—comprised of traditional energy companies, start-ups, technology companies, innovation thought leaders and investors—reflects the vibrant marketplace of ideas required to develop, deploy and scale the solutions for the world's greatest energy and environmental challenges.""The intersection of technology and energy is among the most consequential areas shaping the future, and that is reflected throughout the CERAWeek 2024 program," said Daniel Yergin, Vice Chairman, S&P Global and CERAWeek conference chair. "This year's conference theme, 'Multidimensional Energy Transition' speaks to the increasing realization that the path forward will be non-linear. Meeting energy and technological challenges along a multitude of paths—accounting for different situations in different parts of the world—requires an equally diverse and dynamic set of solutions. The role that innovation will play cannot be overstated."Learn more about the CERAWeek Innovation Agora program at: https://ceraweek.com/program/innovation-agora.htmlCERAWeek by S&P Global is the premier annual international gathering of the world's energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities. The conference is produced by S&P Global (NYSE: SPGI).Visit www.ceraweek.com for a complete list of speakers and the most up-to-date program information (subject to change).Registration InformationCERAWeek by S&P Global 2024 will be held March 18-22 at the Hilton Americas—Houston. Further information and delegate registration is available at www.ceraweek.com.Media AccreditationMedia registration is now open. Members of the media interested in covering CERAWeek 2024 are required to apply for accreditation.Applications are subject to approval and can be submitted at the following link: https://reg.spglobal.com/flow/spglobal/ceraweek24/mediareg/loginAbout S&P GlobalS&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges, and accelerate progress for the world.We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com.News Media Contacts: Jeff MarnS&P Global+1 202 463 [email protected] original content to download multimedia:https://www.prnewswire.com/news-releases/bestselling-author-walter-isaacson-leaders-from-arpa-e-aws-lanzatech-microsoft-and-radia-headline-innovation-and-technology-programming-at-ceraweek-by-sp-global-2024-302084604.htmlSOURCE S&P Global

PR Newswire

Bestselling Author Walter Isaacson, Leaders from ARPA-E, AWS, LanzaTech, Microsoft and Radia Headline Innovation and Technology Programming at CERAWeek by S&P Global 2024

https://finance.yahoo.com/news/bestselling-author-walter-isaacson-leaders-130000423.html

3a8f258c-a554-3479-a442-ff991697dff2

SRE

In this article, we will take a detailed look at the 10 Best Stocks to Buy Before US Election Season 2024. For a quick overview of such stocks, read our article 5 Best Stocks to Buy Before US Election Season 2024.As if anticipation of rate cuts, the Fed's battle against inflation and keeping up with AI-fueled rally in stocks wasn’t enough for investors, the upcoming election-related anxieties are starting to make the financial markets jittery. There are a number of credible reports out there that discuss the behavior of financial markets during US election years. For example, a Morgan Stanley report analyzed some data to see how the S&P 500 performs during election years. This analysis shows that during presidential election years from 1928 through 2016, the stock market has seen more positive performance than negative. The report also said the election of a Republican president resulted in average gains of 15.3% for the S&P 500, compared to a 7.6% gain when a Democrat president comes in the White House.A 2020 report by T. Rowe Price analyzed historical data on the connection between US elections and the stock market and found some interesting patterns. For example, the report said if the stock market performance is strong ahead of elections in the US, data shows that chances of the incumbent party staying in power increase. On the other hand, when the stock market is soft heading into elections, incumbent party often loses. But does that mean President Joe Biden could notch a second term if the Fed begins to cut rates in the summer and stocks keep gaining ahead of the election? That would be wrong conclusion to deduce from this pattern as the T. Rowe report shed light on a plethora of factors that affect the relationship between the stock market performance and election results. The report also said historical data shows if the incumbent party loses an election, a recession year follows:Story continues"Conventional wisdom argues that stock markets tend to perform poorly ahead of elections. Since 70% of the years when the incumbent party lost were followed by a recession year, it makes sense that equity markets performed poorly in the wake of the elections when the incumbent party lost."If you were to ask an average American today about the hottest issues that would be the point of focus in the US election this year, chances are that their answer would be inflation. But we are still months away from the election and a lot could change. Morgan Stanley analyst Michael D. Zezas recently said in a report that in 2008 expectations were that the elections would move around the US foreign policy. But the financial crisis changed everything. Similarly, presidential candidates in the US election 2020 focused their energies on healthcare and pandemic.Best Stocks to Buy Before US Election Season 2024Photo by History in HD on UnsplashMethodology For this article we went through multiple research reports and analyses of experts who took a look at what stocks and sectors usually benefit during election years. We picked 10 stocks which analysts are specifically recommending investors in 2024 because of election-related catalysts. Some top names include JPMorgan Chase & Co. (NYSE:JPM), Exxon Mobil Corp (NYSE:XOM) and  Pfizer Inc (NYSE:PFE).10. Sempra (NYSE:SRE)Number of Hedge Fund Investors: 33Goldman Sachs in its November 2023 report highlighting election 2024 stocks named Sempra (NYSE:SRE), the California-based utility company which has a dividend yield of about 3.38%. Goldman Sachs analyst Carly Davenport said the following about Sempra (NYSE:SRE):“This quarter increased our conviction that Sempra (NYSE:SRE)’s Texas utility Oncor is a material strength for the company. The reduction of regulatory lag, potential increase in capex, and a clear runway for organic load growth in the region all highlight why we have viewed Oncor as an underappreciated asset for Sempra (NYSE:SRE). We believe SRE has several key catalysts ahead, including the aforementioned capex raise, the conclusion of the California GRC (general rate case), and the announcement of FID for the Cameron expansion and Port Arthur Phase 2 in 2024. Sempra (NYSE:SRE) continues to trade at a 0.7x discount to our coverage group on our 2025 numbers, which we view as unwarranted given these strengths."ClearBridge Large Cap Value Strategy made the following comment about Sempra (NYSE:SRE) in its Q3 2023 investor letter:“Our two utilities Sempra (NYSE:SRE) and Edison International were also negatively impacted by rising rates, although both outperformed the utility benchmark. We maintain a large active overweight to Sempra and added opportunistically to Edison to reflect its strong fundamentals.”9. Fox Corp Class B (NASDAQ:FOX)Number of Hedge Fund Investors: 38Fox Corp Class B (NASDAQ:FOX) will be one of the biggest beneficiaries of the huge political ad spending in the US ahead of the 2024 elections. A latest Reuters report cited data from Insider Intelligence which said political ads spending in 2024 will be 30% more than 2020. The data said a whopping 71.9% of this total spending will be funneled to TV.Earlier this month Fox Corp Class B (NASDAQ:FOX) posted fiscal second quarter results. Adjusted EPS in the period came in at $0.34, beating estimates by $0.22. Revenue in the period fell 8.2% year over year to $4.23 billion, beating estimates by $20 million.Fox Corp Class B (NASDAQ:FOX) management talked about its expectations regarding political ads revenue and other important updates during the earnings call earlier this month:"We have an impact from preemptions with election and unfortunately with war coverage. So the preemptions are affecting and ratings are continuing to improve. So we’re happy with where we are at Fox News as all those trends are improving steadily. Local stations is probably the most mixed. But you have a bad comparison, particularly in the current pacings with Super Bowl comps this time last year. It’s probably about $50 million in Super Bowl revenue, just in the station group this time last year.So the comparisons are quite tough as we go forward, but we remain confident that we’ll see a record political cycle. This is slightly ameliorated, I think in the current quarter with the lack of a competitive primary competition, but we’re already seeing business in the first half of next year start to flow in from a political perspective. And it’s — obviously, it’s sort of natural because our stations, we have large number of stations in key political markets like Georgia and Michigan, Pennsylvania, Arizona and Wisconsin. So we’re very confident in a very strong political cycle once that really starts to flow. And then finally with Tubi. Tubi’s TBT is continued to grow, I think at 62%, 63%. And obviously with the TBT growth, the revenue is following, the revenue growth is slightly less or somewhat less than it was last year."Read the entire earnings call transcript here.8. Caterpillar Inc. (NYSE:CAT)Number of Hedge Fund Investors: 48Caterpillar Inc. (NYSE:CAT) was one of the biggest beneficiaries of the huge infrastructure spending plans initiated by the Biden administration. Goldman Sachs believes if the Republicans come into power, infrastructure stocks like Caterpillar Inc. (NYSE:CAT) will continue to grow as the new government will begin constructions on borders to stop illegal immigrants.Earlier this month, Caterpillar Inc. (NYSE:CAT) posted fourth quarter results. Adjusted profit jumped 35% from a year earlier to $5.23 a share, surpassing estimates of a $4.75 per share profit.In addition to Caterpillar, hedge funds are also buying JPMorgan Chase & Co. (NYSE:JPM), Exxon Mobil Corp (NYSE:XOM) and  Pfizer Inc (NYSE:PFE).Diamond Hill Large Cap Strategy made the following comment about Caterpillar Inc. (NYSE:CAT) in its Q3 2023 investor letter:“Caterpillar Inc. (NYSE:CAT), the world’s leading manufacturer of construction and mining equipment, also performed well this quarter. Caterpillar has managed to leverage increased capital investment from various end markets, contributing to better than expected fiscal results for Q2. The company is poised to be one of the largest beneficiaries of several government funding initiatives, including the IRA (Inflation Reduction Act) bill, CHIPS Act and infrastructure bill. These measures are expected to support construction spending for several years, providing a robust backdrop for Caterpillar’s continued growth.”7. MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ)Number of Hedge Fund Investors: 51In November 2023 Goldman Sachs published a report discussing the US election and its possible impact on the stock market. Goldman Sachs mentioned a couple of stocks it believes were poised to gain strength during the election years. MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ) was one of these stocks. Goldman Sachs said consumer defensive is one of the sectors that perform well during election years.Goldman Sachs analyst Jason English praised MONDELEZ INTERNATIONAL INC Common Stock's (NASDAQ:MDLZ) spending in commercial and business expansion in other countries. The analyst set an $82 price target on the stock with a Buy rating.6. Lockheed Martin Corp (NYSE:LMT)Number of Hedge Fund Investors: 58Defense stocks will remain in the spotlight amid growing security concerns and a volatile geopolitical situation. The conflict in the Middle East and raging war in Ukraine will keep forcing the US to up its defense spending no matter the outcome of the Presidential Election in 2024.A latest report by Reuters recently said that Lockheed Martin Corp (NYSE:LMT) plans to boost output of weapons systems to meet greater demand amid growing worries about security. The report said Lockheed Martin Corp (NYSE:LMT) plans to double its production of High Mobility Artillery Rocket Systems (HIMARS).In addition to Lockheed, JPMorgan Chase & Co. (NYSE:JPM), Exxon Mobil Corp (NYSE:XOM) and  Pfizer Inc (NYSE:PFE) can also gain this year according to analysts.RiverPark Advisors made the following comment about Lockheed Martin Corporation (NYSE:LMT) in its Q3 2023 investor letter:“Lockheed Martin Corporation (NYSE:LMT): LMT is the world’s largest aerospace and defense contractor. With about 70% of its $66 billion in revenue from the U.S. government, the company is well positioned to benefit from U.S. defense budget growth, historically 5%-6% per year, as well as increased global military spending. With a $158 billion backlog and almost 30% of its revenue coming from building F-35 aircraft with deliveries forecast to reach 180 per year (up from 141 in 2022) in the coming years, we believe the company could grow at a higher rate than overall defense budget growth and Street expectations over the next several years. Further, strategic acquisitions, debt repayment, a 2.9% dividend yield, and continued share buybacks from more than $6 billion per year of free cash flow should lead to even greater shareholder returns. We re-initiated a small position in August.” Click to continue reading and see the 5 Best Stocks to Buy Before US Election Season 2024. Suggested Articles:11 Best Battery Stocks To Buy Before They Take Off12 Best Breakout Stocks To Buy Right Now14 Best Robotics Stocks To Buy NowDisclosure: None. 10 Best Stocks to Buy Before US Election Season 2024 is originally published on Insider Monkey.

Insider Monkey

10 Best Stocks to Buy Before US Election Season 2024

https://finance.yahoo.com/news/10-best-stocks-buy-us-193229916.html

9d2c3400-3c48-3736-8930-781fc50265d7

SRE

The Zacks Utilities sector’s fourth-quarter 2023 earnings are expected to have been driven by planned investments to further improve its operations, cost-saving initiatives and usage of new technologies that helped in increasing the reliability of its services and lowering operating and maintenance expenses.Per the latest Earnings Preview, the Zacks Utilities sector’s fourth-quarter earnings are expected to have increased 15.3% year over year on a decline of 4.7% in revenues. The utilities might have been affected due to warmer-than-normal weather patterns in most of the fourth quarter. However, new utility rates implemented in the service territories and customer growth are likely to have boosted profits.Factors to ConsiderUtilities continue to make prudent capital expenditures that reduce operating, fuel, maintenance and upkeep expenses. As a result, customers benefit from saving money on their utility costs. Utilities have reduced costs while simultaneously improving overall operations and efficiency through digital technology investments, crucial system connections and data-driven decision-making.Various positive aspects, such as new electric tariffs, customer additions, cost control and the execution of energy-efficiency initiatives, continue to benefit utilities. Also, the ongoing investments to further improve the resiliency of electric infrastructure against extreme weather conditions and the transition to cost-effective, renewable energy sources to produce electricity are expected to have benefited the power industry.Most of the utility companies have pledged to deliver 100% clean energy and achieve the zero-emission target in the coming years. As a result, these companies have been reducing their use of coal and other polluting sources in their generating portfolios and increasing the use of clean, renewable energy sources in their production portfolios.Still-high interest rate environment that remained in the United States during the fourth quarter is likely to have caused higher borrowing expenses for the capital-intensive utilities. As a result, increased interest expenses might have had a negative impact on the sector's profitability.Fourth-quarter weather patterns were warmer than normal for most of the fourth quarter across the service territories, with below-average precipitation. In November, some of the regions experienced snowfall. Overall, the weather is expected to have had a moderate effect on utilities' fourth-quarter top-line performance.Story continuesWhat Our Model PredictsAccording to the Zacks model, a company needs the right combination of two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better — to increase the odds of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.American Electric Power Company, Inc.’s AEP quarterly results are likely to have benefited from increased retail load, transmission revenues as well as positive rate changes in Texas and Ohio. The company's profitability might have been supported by the positive impacts of better investments made in the previous quarters as well as strong sales projections, even in the face of negative effects from increased depreciation and interest expenses. (Read more: What's in Store for American Electric in Q4 Earnings?)Our proven model predicts an earnings beat for American Electric Power this time around. AEP has an Earnings ESP of +2.36% and a Zacks Rank #3 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.American Electric Power Company, Inc. Price and EPS SurpriseAmerican Electric Power Company, Inc. Price and EPS SurpriseAmerican Electric Power Company, Inc. price-eps-surprise | American Electric Power Company, Inc. QuoteSempra Energy’s SRE fourth-quarter earnings are likely to have gained from favorable rate base observed in the prior quarters, customer growth and cost-saving initiatives. Growth in multiple areas of Oncor service territory and the premier energy-producing region, the Permian Basin, might have also contributed positively. However, still-high interest rates, transportation tariffs and lower income tax benefits are likely to have negatively impacted the company’s bottom line. (Read more: What's in the Cards for Sempra This Earnings Season?)Our proven model predicts an earnings beat for Sempra Energy this time around. SRE has an Earnings ESP of +0.29% and a Zacks Rank #3 at present.Sempra Energy Price and EPS SurpriseSempra Energy Price and EPS SurpriseSempra Energy price-eps-surprise | Sempra Energy QuotePinnacle West Capital Corporation’s PNW fourth-quarter revenues are expected to have benefited from retail customer growth and an increase in electricity sales, owing to strong growth in the Arizona region. However, still-high interest rates and increased depreciation and amortization must have offset some positives in the to-be-reported quarter. (Read more: What's in Store for Pinnacle West Capital in Q4 Earnings?)Our proven model does not predict an earnings beat for Pinnacle West Capital this time around. PNW has an Earnings ESP of 0.00% and a Zacks Rank #4 (Sell) at present.Pinnacle West Capital Corporation Price and EPS SurprisePinnacle West Capital Corporation Price and EPS SurprisePinnacle West Capital Corporation price-eps-surprise | Pinnacle West Capital Corporation QuoteStay on top of upcoming earnings announcements with the Zacks Earnings Calendar.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSempra Energy (SRE) : Free Stock Analysis ReportAmerican Electric Power Company, Inc. (AEP) : Free Stock Analysis ReportPinnacle West Capital Corporation (PNW) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Utility Stocks Reporting Q4 Earnings on Feb 27: AEP, SRE & PNW

https://finance.yahoo.com/news/utility-stocks-reporting-q4-earnings-140900754.html

0ceed045-6238-3c07-96b0-9682098f237c

SRE

Natural gas is now back in fashion in a very big way and the new mantra is that domestic sources in combination with renewable energy are the only true answer to energy security.In early February, Germany earmarked $16 billion for the construction of four natural gas power plants to complement a renewable energy expansion push. And Austria has recently made its largest natural gas discovery in four decades—enough to increase its domestic production by 50%.All of this pinpoints Europe as one of the best and most exciting places to be for new energy opportunities, and that means huge opportunities for companies to come in and develop gas fields that were overlooked by the supermajors, who have taken to chasing bigger things in offshore frontiers.Below are two companies well-positioned to take advantage of the new energy security atmosphere in Europe:#1 MCF Energy (TSXV:MCF; OTC:MCFNF) Small-cap MCF Energy, backed by veteran explorer and producer, Ford Nicholson, is convinced that this is the right atmosphere in which to foster European energy security through domestic natural gas production.Germany and Austria are key venues for this, and MCF is tapping into five key prospects several of which have had wells that have produced or are capable of producing gas from ,  three previous discoveries.MCF Energy is the first new public company consolidating major exploration projects in  Europe, and it’s the first since Russia invaded Ukraine to offer investors an opportunity to help build domestic natural gas resources in Germany and Austria.The company is targeting large-scale natural gas exploration and production here, with two drills in the next several months, the first of which has already begun in Austria, in the  Welchau prospect near the Austrian Alps.  Strategically located only 18 kilometers from a pipeline,  Welchau is adjacent to an up-dip from a discovery that intersected at least a 400-meter gas column previously. According to MCF, all elements are in place here for a significant discovery.Story continuesMCF management has indicated an intent to move its drill bit after the well at Welchau within a matter of weeks from Austria into Germany, in the  Lech prospect, where it will re-enter a well previously drilled by Mobil (now Exxon) in the ‘80s, with proven gas and oil.Thanks to its 100% acquisition of German Genexco last year, MCF Energy is now ready to drill down for some much-needed domestic energy resources for Germany.MCF’s second drill, planned for March, is in Bavaria, which is home to the company’s  Lech and East Lech concessions, which cover 10 sq km and 100 sq km, respectively.  Lech has three previously drilled wells and two discoveries. Adjacent to this, Lech East, in southwest Bavaria, is a large-scale concession covering ~100 square kilometers, with significant 3D seismic and AI showing more potential ahead of MCF Energy’s planned 4.6-million-euro exploration program.At  Lech, MCF will re-enter Mobil’s former Kinsau #1 well, adapting new drilling technology and eventually horizontal wells to stimulate the hydrocarbons that are already known to exist.  Mobil established production rates of over 24 MMCF per day of natural gas with associated condensate from the Kinsau #1 in the ‘80s.  Mobil was exploring for oil so never developed the gas discovery.  The second well drilled by Mobil found oil in a deeper zone which produced at about 180 BOPD with associated gas but with low oil prices was also never developed.This well, being a re-entry of a proven, previously drilled hole could translate into quick cash flow for MCF Energy, and one hit could flare out into multiple development zones for each well.About a week into a 40-day drill in Austria and only several months away from its first drill into Germany’s proven resources, MCF Energy is convinced it’s on track for a hit that could give Germany a partial domestic solution to its ongoing energy security problems.#2 BP Plc (NYSE:BP)What BP brings to the table is more significant than ever for European energy security. In mid-February, BP (as the key player in the Shah Deniz consortium) flipped the switch on its Shah Deniz 2 gas development in the Caspian Sea with first production.This massive project, offshore Azerbaijan, currently has a production capacity of around 79 million standard cubic meters of gas per day (29 billion per year).Late last year, Azerbaijan said it was on target to double gas exports to Europe by 2027, having exported over 8 billion cubic meters of gas to Europe in 2021, and with 12 billion cubic meters targeted for 2023.Last summer, BP signed a long-term LNG supply deal with Austria’s OMV (VI:OMV) in bid said to help improve European energy security in the aftermath of Russia’s 2022 invasion of Ukraine.BP is banking on being a key player in the European energy security game, now, and the only thing dampening this outlook right now is the Biden Administration’s move in January to pause new LNG projects in the U.S.This stock has been beaten down, but there may be new headwinds.Earlier this year, BP said it was refocusing on its oil and gas business, particularly its U.S. operations, where it is one of the two largest producers in the Gulf of Mexico, and carries its own weight in the Permian basin and other American shale patches. In fact, by 2030, BP is targeting an increase of oil and gas production by more than 50%, with about half of that production to come from the U.S.BP share price still does not reflect this, which indicates a potential buy-on-the-dip (in this case, a long-running dip).Bonus: 10 More Companies Looking To Capitalize on the Energy Bull MarketPetróleo Brasileiro S.A. - Petrobras (NYSE:PBR), widely known as Petrobras, stands as Brazil's flagship in the global energy landscape, chiefly engaging in the exploration, production, and distribution of oil and natural gas. Notably, Petrobras has pivoted towards leveraging its vast oil reserves and cutting-edge deep-water exploration capabilities to assert a stronger presence on the international stage, including potential markets in Europe. With Europe's growing dependency on imported energy, Petrobras's expansive portfolio of high-quality crude oil and LNG could see increased demand, positioning the company as a pivotal supplier amidst the continent's diversifying energy supply chain.Moreover, the company's strategic investments in offshore pre-salt oil fields, which yield low-sulfur content crude, align well with Europe's stringent environmental standards, potentially giving Petrobras an edge in European markets. This alignment, combined with global shifts in energy supply dynamics, could see Petrobras benefitting from favorable pricing and increased market share in Europe, especially as the continent seeks reliable energy partners outside of its traditional supply zones.Petrobras presents an intriguing prospect through its potential indirect involvement in Europe's energy sector. The company's strategic global positioning, coupled with Europe's evolving energy landscape, could afford Petrobras enhanced profitability and growth, making it an attractive option for those looking to capitalize on the intersections of global energy demands and regional supply shifts.Ecopetrol S.A. (NYSE:EC), Colombia's national oil company, has expanded its operational horizon beyond the Americas, eyeing the global stage with its diversified portfolio of energy assets. As Europe grapples with energy security and seeks to diversify its energy imports, Ecopetrol's potential as a supplier of crude oil and derivative products to European markets becomes increasingly significant. The company's commitment to innovation and sustainability, including initiatives in carbon capture and renewable energy, aligns with the European Union's green energy objectives, presenting mutual benefits in trade relationships.Ecopetrol's strategic initiatives, such as exploring new reserves and enhancing its refining capabilities, position the company to respond adeptly to the rising demand in Europe for cleaner fuels and reliable energy sources. Additionally, the geopolitical landscape and fluctuations in global energy prices due to uncertainties in traditional energy supply regions may offer Ecopetrol leverage in negotiating long-term supply contracts with European counterparts, enhancing its market presence and profitability.Investors eyeing Ecopetrol can anticipate potential growth opportunities as the company navigates the complexities of the European energy market. Ecopetrol's proactive stance on sustainability and its strategic global engagements could yield substantial dividends, marking it as a forward-thinking player in the global energy sector, poised to benefit from Europe's evolving energy needs.Devon Energy Corporation (NYSE:DVN), a leading American oil and natural gas exploration and production company, primarily operates within North America's most prolific basins. However, the evolving dynamics of the global energy market, particularly Europe's increasing reliance on LNG and the quest for diversified energy sources, could position Devon as a beneficiary of heightened demand and favorable pricing, especially for its LNG and natural gas products. Devon's strategic focus on optimizing its asset portfolio and leveraging technological advancements in hydraulic fracturing and horizontal drilling enhances its production efficiency and capacity to meet international demands.As Europe accelerates its transition towards greener energy sources amidst geopolitical tensions affecting traditional supply lines, Devon's potential to export LNG to European markets could see a significant uptick. The company's agility in responding to market demands and its capacity to increase natural gas production could make it an attractive partner for European nations seeking to bolster their energy security with reliable and cleaner energy alternatives.Devon Energy offers a compelling narrative of growth driven by strategic market positioning and operational excellence. The company's potential indirect involvement in Europe's energy sector through LNG exports and its role in supporting the continent's energy diversification efforts underscore its attractiveness as an investment prospect, promising stability and growth amidst global energy transitions.Chesapeake Energy Corporation (NYSE:CHK), re-emerging as a leaner and more focused entity, has positioned itself as a key player in the United States' natural gas and oil sectors, particularly in the Marcellus Shale and Haynesville formations. With Europe's intensified search for alternative energy sources to diversify away from Russian gas, Chesapeake's role as a significant natural gas producer positions it advantageously to capitalize on this demand surge. The company's commitment to sustainability and reducing methane emissions further aligns with Europe's stringent environmental standards, making its LNG exports increasingly attractive to European countries striving to balance energy security with environmental concerns.Furthermore, Chesapeake's strategic focus on technological innovation and operational efficiency enhances its ability to respond swiftly to international market demands. As European nations increasingly turn to LNG to ensure energy security and transition towards greener fuels, Chesapeake could see an expansion in its international footprint through potential exports or partnerships with European energy firms.Chesapeake Energy can anticipate the company leveraging the current geopolitical landscape and Europe's energy needs to possibly expand its market reach. The combination of Chesapeake's resource base, environmental commitment, and the strategic pivot of European energy policies presents a fertile ground for growth, positioning it as a compelling investment in the evolving global energy matrix.Kinder Morgan, Inc. (NYSE:KMI) stands as one of the largest energy infrastructure companies in North America, with a vast network of pipelines and terminals that could play a pivotal role in meeting Europe's increasing demand for natural gas and LNG. As Europe seeks to secure stable and diversified energy supplies, Kinder Morgan's infrastructure and operations in LNG export terminals, notably the Elba Island LNG facility, are well-poised to support this demand. The company's expertise in energy transportation and storage, coupled with strategic locations of its facilities, enables it to facilitate the transatlantic flow of LNG to Europe.The heightened interest in LNG as a bridge fuel in Europe, amid the transition to renewable energy, underscores the potential for Kinder Morgan to strengthen its presence in the global LNG market. The company's ongoing investments in expanding its LNG export capacity align with Europe's urgent need to diversify its energy sources, providing a unique opportunity for Kinder Morgan to emerge as a key supplier.Kinder Morgan represents an attractive proposition, leveraging its infrastructure assets and operational prowess to tap into the lucrative European energy market. The company's ability to contribute significantly to Europe's energy diversification efforts, coupled with its robust business model, positions Kinder Morgan as a stable and growth-oriented investment in the energy sector's future landscape.EQT Corporation (NYSE:EQT) recognized as the largest producer of natural gas in the United States, primarily operates in the Appalachian Basin. With Europe's accelerated push towards reducing dependency on Russian gas and enhancing energy security, EQT's vast natural gas reserves and production capabilities position it as a critical player in the global energy market. The company's strategic focus on increasing operational efficiency and reducing emissions further aligns with the European Union's environmental and energy goals, making it a prime candidate to supply LNG to the continent.The ongoing expansion of LNG infrastructure in Europe, combined with EQT's commitment to sustainability and operational excellence, sets the stage for potential lucrative export opportunities. EQT's ability to ramp up production and supply LNG in response to international demand highlights its potential role in supporting Europe's energy transition and security strategies.EQT Corporation can expect the company to potentially leverage the growing European demand for cleaner energy sources. EQT's strategic position in the natural gas market, along with Europe's evolving energy landscape, presents a favorable outlook for growth and market expansion. As Europe continues to seek stable and sustainable energy supplies, EQT stands ready to meet this demand, offering a promising avenue for investors keen on the energy sector's dynamic global shifts.Marathon Petroleum Corporation (NYSE:MPC), one of the leading refining, marketing, and transportation companies in the U.S., plays a crucial role in the global energy supply chain. With its extensive refining capacity and operations, including midstream services, Marathon Petroleum is well-positioned to impact Europe's energy market, particularly through the export of refined petroleum products. Europe's ongoing transition towards cleaner energy sources and its need for diversified oil products supply could see increased demand for Marathon's high-quality, low-sulfur content fuels, which are essential for meeting stringent environmental standards.Moreover, Marathon's strategic investments in logistics and export facilities enhance its capability to serve international markets, including Europe. The company's proficiency in producing specialty products, such as petrochemicals and asphalt, aligns with Europe's industrial and infrastructure needs, presenting additional export opportunities.Marathon Petroleum offers a blend of operational excellence and strategic market engagement. The company's ability to adapt to global energy demands and its pivotal role in the refined products market position it as a strong contender for capitalizing on Europe's diverse energy and industrial requirements, making MPC an attractive proposition for those looking to invest in a dynamic global energy player.Energy Transfer LP (NYSE:ET), renowned for its expansive portfolio of energy assets, including pipelines, storage facilities, and LNG terminals, stands as a significant contributor to the energy infrastructure landscape in North America. With Europe's increasing demand for secure and diversified energy sources, particularly natural gas and LNG, Energy Transfer's operational capabilities and strategic investments in LNG export infrastructure, such as the Lake Charles LNG project, could become increasingly relevant to the European market.The company's extensive midstream operations facilitate the efficient transportation and export of natural gas, positioning Energy Transfer as a potential key player in supplying LNG to Europe. As the continent seeks to reduce its reliance on Russian gas amid geopolitical tensions, Energy Transfer's capacity to deliver LNG could support Europe's energy security and diversification efforts.Energy Transfer LP are looking at a company with the infrastructure and strategic foresight to benefit from the growing global demand for LNG. Its role in facilitating energy exports, particularly to energy-hungry markets like Europe, underscores its growth potential and the opportunity to participate in the global energy transition narrative.Capital Product Partners L.P. (NASDAQ:CPLP), an international shipping company specializing in the seaborne transportation of energy commodities, including LNG, crude oil, and refined oil products, is strategically positioned to benefit from Europe's diversifying energy supply chains. With Europe intensifying its search for alternative energy supplies, CPLP's fleet of vessels could play a vital role in ensuring the continuous flow of energy commodities to the continent.CPLP's engagement in LNG shipping is particularly noteworthy, given Europe's growing reliance on LNG imports to supplement its energy needs. The company's modern, high-specification fleet is capable of supporting Europe's demand for cleaner energy sources, aligning with the continent's environmental goals and energy security strategies.Capital Product Partners offers a gateway into the maritime logistics essential for the global energy trade. The company's operational focus and strategic asset base place it at the heart of Europe's energy diversification and security efforts, highlighting CPLP as an attractive investment opportunity in the burgeoning sector of energy logistics and transportation.Sempra Energy (NYSE:SRE), a leading North American energy infrastructure company, has the potential to significantly impact Europe's energy sector through its involvement in LNG and renewable energy projects. Sempra's strategic investments in LNG export facilities, such as the Cameron LNG project in Louisiana, position it to supply LNG to European countries seeking to diversify their energy sources and reduce dependency on traditional suppliers.Furthermore, Sempra's commitment to sustainability and renewable energy initiatives could align with Europe's ambitious green energy targets. The company's expertise and investments in renewable energy infrastructure, including wind and solar projects, could foster collaboration with European partners, supporting the continent's transition to a more sustainable energy system.Investors looking at Sempra Energy can anticipate a company poised to leverage its LNG and renewable energy capabilities in response to Europe's evolving energy landscape. Sempra's strategic assets and commitment to clean energy underscore its potential to contribute to Europe's energy security and sustainability goals, making it an appealing investment for those focused on the future of global energy markets.By. Michael Kern**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**Forward-Looking StatementsThis publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that large oil and gas companies will continue to focus on offshore natural gas resources; that domestic onshore natural gas assets in Europe will provide a more affordable energy source than offshore resources; that demand for natural gas will continue to increase in Europe and Germany; that Russia will not supply the majority of natural gas in Germany and Europe; that natural gas will continue to be utilized as a main energy source in Germany and other European countries and demand for natural gas, and in particular domestic natural gas, will continue and increase in the future; that MCF Energy Ltd. (the “Company”) can replicate the previous success of its key investors and management in developing and selling valuable energy assets; that the natural gas projects of the Company will be successfully tested and developed; that the Company can develop and supply a safe, domestic source of energy to European countries; that natural gas will be reclassified as sustainable energy which will support the development of the Company’s assets; that imports of liquified natural gas will not be sustainable for Europe and that European countries will need to rely on domestic sources of natural gas; that the Company expects to obtain significant attention due to its upcoming drilling plans combined with Europe desperate for domestic natural gas supply; that the upcoming drilling on the Company’s projects will be successful; that the Company’s projects will contain commercial amounts of natural gas; that the Company can finance ongoing operations and development; that the Company can achieve its business plans and objectives as anticipated. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include that large oil and gas companies will start focusing on the development of domestic natural gas resources; that the natural gas resources of competitors will be more successful or obtain a greater share of market supply; that offshore liquified natural gas assets will be favored over domestic resources for various reasons; that alternative technologies will replace natural gas as a mainstream energy source in Europe and elsewhere; that demand for natural gas will not continue to increase as expected for various reasons, including climate change and emerging technologies; that political changes will result in Russia or other countries providing natural gas supplies in future; that the Company may fail to replicate the previous success of its key investors and management in developing and selling valuable energy assets; that the natural gas projects of the Company may fail to be successfully tested and developed; that the Company’s projects may not contain commercial amounts of natural gas; that the Company may be unable to develop and supply a safe, domestic source of energy to European countries; that natural gas may not be reclassified as sustainable energy or may be replaced by other energy sources; that the upcoming drilling on the Company’s projects may be unsuccessful or may be less positive than expected; that the Company’s projects may not contain commercial amounts of natural gas; that the Company may be unable to finance its ongoing operations and development; that the Company can achieve its business plans and objectives as anticipated; that the Company may be unable to finance its ongoing operations and development; that the business of the Company may be unsuccessful for various reasons. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.DISCLAIMERSThis communication is for entertainment purposes only. Never invest purely based on our communication. We have not been compensated by MCF Energy Ltd. for this article. While the opinions expressed in this article are based on information believed to be accurate and reliable, such information in our communications and on our website has not been independently verified and is not guaranteed to be correct. The content of this article is based solely on our opinions which are based on very limited analysis and we are not professional analysts or advisors.SHARE OWNERSHIP. The owner of Oilprice.com owns shares of MCF Energy Ltd. and therefore has an incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of MCF Energy Ltd. in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. Accordingly, our views and opinions in this article are subject to bias, and why we stress that you should conduct your own extensive due diligence regarding the Company as well as seek the advice of your professional financial advisor or a registered broker-dealer before you consider investing in any securities of the Company or otherwise.NOT AN INVESTMENT ADVISOR. Oilprice.com is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. You should not treat any opinion expressed herein as an inducement to make a particular investment or to follow a particular strategy, but only as an expression of opinion. The opinions expressed herein do not take into account the suitability of any investment with your particular objectives or risk tolerance. Investments or strategies mentioned in this article and on our website may not be suitable for you and are not intended as recommendations.ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making any investment. This communication should not be used as a basis for making any investment in any securities. Past performance is not indicative of future results.RISK OF INVESTING. Investing is inherently risky. Do not trade with money you cannot afford to lose. There is a real risk of loss (including total loss of investment) in following any strategy or investment discussed in this article or on our website. This is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction. No representation is being made as to the future price of securities mentioned herein, or that any stock acquisition will or is likely to achieve profits.Read this article on OilPrice.com

Oilprice.com

2 Companies That Could Help Europe Win Its Energy War With Russia

https://finance.yahoo.com/news/2-companies-could-help-europe-000000203.html

9a34dbca-19fa-3718-b355-0f7ba037adcc

SRE

Key InsightsSempra's estimated fair value is US$83.54 based on Dividend Discount ModelWith US$70.60 share price, Sempra appears to be trading close to its estimated fair value Analyst price target for SRE is US$82.35 which is 1.4% below our fair value estimateHow far off is Sempra (NYSE:SRE) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the forecast future cash flows of the company and discounting them back to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. View our latest analysis for Sempra Crunching The NumbersWe have to calculate the value of Sempra slightly differently to other stocks because it is a integrated utilities company. Instead of using free cash flows, which are hard to estimate and often not reported by analysts in this industry, dividends per share (DPS) payments are used. This often underestimates the value of a stock, but it can still be good as a comparison to competitors. We use the Gordon Growth Model, which assumes dividend will grow into perpetuity at a rate that can be sustained. The dividend is expected to grow at an annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.3%. We then discount this figure to today's value at a cost of equity of 6.0%. Compared to the current share price of US$70.6, the company appears about fair value at a 15% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent.Story continuesValue Per Share = Expected Dividend Per Share / (Discount Rate - Perpetual Growth Rate)= US$3.1 / (6.0% – 2.3%)= US$83.5dcfThe AssumptionsThe calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Sempra as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.0%, which is based on a levered beta of 0.800. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.SWOT Analysis for SempraStrengthEarnings growth over the past year exceeded the industry.Debt is well covered by earnings and cashflows.WeaknessDividend is low compared to the top 25% of dividend payers in the Integrated Utilities market.OpportunityAnnual earnings are forecast to grow for the next 3 years.Good value based on P/E ratio and estimated fair value.ThreatPaying a dividend but company has no free cash flows.Annual earnings are forecast to grow slower than the American market.Next Steps:Valuation is only one side of the coin in terms of building your investment thesis, and it ideally won't be the sole piece of analysis you scrutinize for a company. DCF models are not the be-all and end-all of investment valuation. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. For Sempra, we've compiled three additional aspects you should further examine:Risks: To that end, you should be aware of the 2 warning signs we've spotted with Sempra .Future Earnings: How does SRE's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered!PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the NYSE every day. If you want to find the calculation for other stocks just search here.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Calculating The Fair Value Of Sempra (NYSE:SRE)

https://finance.yahoo.com/news/calculating-fair-value-sempra-nyse-110026571.html

680e3481-536f-3602-8b01-5c924003a02d

STE

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.Is This 1 Momentum Stock a Screaming Buy Right Now?Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.Steris (STE)Ohio-headquartered STERIS plc, develops, manufactures and markets infection prevention, decontamination, microbial reduction, and surgical and gastrointestinal support products and services. The legacy company was originally known as STERIS Corporation. On Nov 2, 2015, STERIS completed the acquisition of Synergy Health plc following which it was re-registered under the name – STERIS plc.STE sits at a Zacks Rank #3 (Hold), holds a Momentum Style Score of B, and has a VGM Score of B. The stock is up 0.8% and up 4% over the past one-week and four-week period, respectively, and Steris has gained 14.9% in the last one-year period as well. Additionally, an average of 480,255.81 shares were traded over the last 20 trading sessions.A company's earnings performance is important for momentum investors as well. For fiscal 2024, two analysts revised their earnings estimate higher in the last 60 days for STE, while the Zacks Consensus Estimate has increased $0.01 to $8.67 per share. STE also boasts an average earnings surprise of 4%.Investors should take the time to consider STE for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.Story continuesWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSTERIS plc (STE) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why Steris (STE) is a Top Momentum Stock for the Long-Term

https://finance.yahoo.com/news/why-steris-ste-top-momentum-145007133.html

d8c41717-eb71-3d9e-971d-c4a1f6a4e41b

STE

Readers hoping to buy STERIS plc (NYSE:STE) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Thus, you can purchase STERIS' shares before the 22nd of February in order to receive the dividend, which the company will pay on the 22nd of March.The company's next dividend payment will be US$0.52 per share, and in the last 12 months, the company paid a total of US$2.08 per share. Based on the last year's worth of payments, STERIS has a trailing yield of 0.9% on the current stock price of US$231.23. If you buy this business for its dividend, you should have an idea of whether STERIS's dividend is reliable and sustainable. We need to see whether the dividend is covered by earnings and if it's growing. Check out our latest analysis for STERIS Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. That's why it's good to see STERIS paying out a modest 35% of its earnings. A useful secondary check can be to evaluate whether STERIS generated enough free cash flow to afford its dividend. Thankfully its dividend payments took up just 33% of the free cash flow it generated, which is a comfortable payout ratio.It's positive to see that STERIS's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut.Click here to see the company's payout ratio, plus analyst estimates of its future dividends.Story continueshistoric-dividendHave Earnings And Dividends Been Growing?Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. For this reason, we're glad to see STERIS's earnings per share have risen 11% per annum over the last five years. Earnings per share have been growing rapidly and the company is retaining a majority of its earnings within the business. Fast-growing businesses that are reinvesting heavily are enticing from a dividend perspective, especially since they can often increase the payout ratio later.Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. STERIS has delivered an average of 11% per year annual increase in its dividend, based on the past 10 years of dividend payments. Both per-share earnings and dividends have both been growing rapidly in recent times, which is great to see.Final TakeawayFrom a dividend perspective, should investors buy or avoid STERIS? STERIS has been growing earnings at a rapid rate, and has a conservatively low payout ratio, implying that it is reinvesting heavily in its business; a sterling combination. There's a lot to like about STERIS, and we would prioritise taking a closer look at it.In light of that, while STERIS has an appealing dividend, it's worth knowing the risks involved with this stock. For example - STERIS has 1 warning sign we think you should be aware of.Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

There's A Lot To Like About STERIS' (NYSE:STE) Upcoming US$0.52 Dividend

https://finance.yahoo.com/news/theres-lot-steris-nyse-ste-145108077.html

a0f7bc6f-f375-31ec-94c5-c254adba1c0e

STE

STERIS plc STE is well-poised to progress in the coming quarters, backed by the consistent recovery of healthcare procedures and the easing of supply-chain issues. However, macroeconomic constraints challenge STERIS’ operations, while competitive disadvantages are a concern.In the past year, shares of this Zacks Rank #3 (Hold) company have rallied 25.5% compared with the industry’s 11.3% increase and the S&P 500’s 31.2% rise.The renowned provider of infection prevention and other procedural products and services has a market capitalization of $23.09 billion. The company has an earnings yield of 3.68% compared with the industry’s -4.83%. In the trailing four quarters, STE delivered an average earnings surprise of 3.96%.Let’s delve deeper.Factors at PlayPromising Healthcare Business:  The Healthcare business’ constant-currency organic revenues increased 12% in the third quarter compared with the prior-year quarter’s levels. This upside can be primarily attributed to the increase in volume and favorable pricing and the addition of the surgical instrumentation assets purchased from Becton, Dickinson and Company (BD).In the third quarter of fiscal 2024, capital equipment, consumables and services demonstrated consistent double-digit growth. The uptick was driven by procedure volume rebound in the United States and price and market share gains. Management noted that the backlog continues to normalize.Strong Rebound Prospects in the AST Segment: This technology-neutral contract sterilization service successfully offers a wide range of sterilization modalities through a worldwide network of more than 50 contract sterilization and laboratory facilities.Zacks Investment ResearchImage Source: Zacks Investment ResearchIn terms of the latest development, during the fiscal 2024 third quarter, revenue for the AST segment increased 6% year over year. This performance reflected a 5% rise in service revenue and a 42% surge in capital equipment revenues.Story continuesRaised Guidance: The company expects fiscal 2024 revenues to increase 10-11% (previously 9-10%). Organic revenue expectation at CER stands at 7-8% (earlier 6-7%). The Zacks Consensus Estimate for fiscal 2024 revenues is pegged at $5.44 billion, suggesting 9.6% growth from fiscal 2023.Adjusted EPS for fiscal 2024 are now expected in the range of $8.60-$8.70 (previously $8.60-$8.80). The Zacks Consensus Estimate for the metric is pegged at $8.66.DownsidesMacroeconomic Problems: The current macroeconomic environment across the globe has affected STERIS’ financial operations. Governments and insurance companies continue to look for ways to contain the rising cost of healthcare. This might put pressure on players in the healthcare industry, with STERIS being no exception. Increases in prices or declines in availability of raw materials and oil and gas might impair STERIS’ procurement of necessary materials for product manufacture or might increase production costs. Also, economic and market volatility have been affecting the investment portfolio of STERIS’ legacy defined benefit pension plan. We are concerned that lingering macroeconomic softness might hamper STERIS’ growth.Competitive Landscape: STERIS competes for pharmaceutical, research and industrial customers against several large companies that have robust product portfolios and global reach and several small companies with limited product offerings and operations in one or a few countries. In the Healthcare segment, STERIS’ notable competitors include 3M, Baxter, Boston Scientific, Belimed, Ecolab, Getinge, Go Jo, Johnson & Johnson, Kimberly-Clark, Skytron and Stryker.Estimate TrendsIn the past 30 days, the Zacks Consensus Estimate for STERIS’ fiscal 2024 earnings has moved down from $8.69 to $8.67.The Zacks Consensus Estimate for fiscal 2024 revenues is pegged at $5.46 billion, suggesting 10.2% growth from the fiscal 2023 reported number.Key PicksSome better-ranked stocks from the broader medical space are Stryker Corporation SYK, Cencora, Inc. COR and Cardinal Health CAH.Stryker, carrying a Zacks Rank #2, reported a fourth-quarter 2023 adjusted EPS of $3.46, beating the Zacks Consensus Estimate by 5.8%. Revenues of $5.8 billion outpaced the consensus estimate by 3.8%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Stryker has an estimated earnings growth rate of 11.5% for 2025 compared with the S&P 500’s 9.9%. The company’s earnings surpassed estimates in each of the trailing four quarters, the average being 5.1%.Cencora, carrying a Zacks Rank #2, reported a first-quarter fiscal 2024 adjusted EPS of $3.28, which beat the Zacks Consensus Estimate by 14.7%. Revenues of $72.3 billion outpaced the Zacks Consensus Estimate by 5.1%.COR has an earnings yield of 5.75% compared with the industry’s 1.85%. The company’s earnings surpassed estimates in each of the trailing four quarters, the average being 6.7%.Cardinal Health, carrying a Zacks Rank #1, reported second-quarter fiscal 2024 adjusted earnings of $1.82, which beat the Zacks Consensus Estimate by 16.7%. Revenues of $57.45 billion improved 11.6% on a year-over-year basis and also topped the Zacks Consensus Estimate by 1.1%.CAH has a long-term estimated earnings growth rate of 15.3% compared with the industry’s 11.8% growth. The company’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 15.6%.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportStryker Corporation (SYK) : Free Stock Analysis ReportCardinal Health, Inc. (CAH) : Free Stock Analysis ReportCencora, Inc. (COR) : Free Stock Analysis ReportSTERIS plc (STE) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Here's Why Investors Should Retain STERIS (STE) Stock for Now

https://finance.yahoo.com/news/heres-why-investors-retain-steris-172100370.html

b77b3173-58ff-3bfb-be0f-7a6180dd4d56

STE

A month has gone by since the last earnings report for Steris (STE). Shares have added about 5.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Steris due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.STERIS Q3 Earnings Top Estimates, Fiscal '24 Sales View UpSTERIS reported third-quarter fiscal 2024 adjusted earnings per share of $2.22, up 9.9% from the year-ago quarter’s figure. The metric surpassed the Zacks Consensus Estimate by 2.8%.The adjustment excludes the impacts of certain non-recurring charges like the amortization of acquired intangible assets and acquisition and integration-related charges, among others.The company’s GAAP earnings per share was $1.42, an increase of 14.5% from the year-ago period.Revenues in DetailRevenues of $1.40 billion increased 14.8% year over year in the third quarter. The metric beat the Zacks Consensus Estimate by 4.2%.Organic revenues at the constant exchange rate or CER rose 10% year over year in the fiscal third quarter.Quarter in DetailThe company operates through four segments — Healthcare, Applied Sterilization Technologies (“AST”), Life Sciences and Dental.Revenues at Healthcare rose 19.1% year over year to $916.2 million (up 12% on a CER organic basis). This performance reflected a 17% improvement in capital equipment revenues, a 13% increase in service revenues and a 27% rise in consumable revenues.Revenues at AST improved 5.8% to $234.9 million (up 4% on a CER organic basis). However, underlying service growth continues to be impacted by Medtech Customer inventory management and the continued reduction in demand from bioprocessing customers.Revenues in the Life Sciences segment increased 20.9% to $146.6 million (up 20% year over year on a CER organic basis). This performance reflected a 57% increase in capital equipment revenues and an 8% increase in consumable revenues, while service revenues were up by 12% compared to last year’s same period.Story continuesThe Dental segment reported revenues of $97.9 million, down 5.4% year over year (down 6% on a CER organic basis).MarginsThe gross profit in the reported quarter was $602.6 million, up 15.6% from the prior-year quarter. The gross margin expanded 29 basis points (bps) year over year to 43.2% despite a 14.2% rise in the cost of revenues.STERIS witnessed an 18.2% year-over-year rise in selling, general and administrative expenses to $360.5 million. Research and development expenses rose 1.6% to $25.9 million. Adjusted operating expenses of $386.4 million increased 16.9% year over year. The adjusted operating margin contracted 21 bps to 15.5%.Financial DetailsSTERIS exited the third quarter of fiscal 2024 with cash and cash equivalents of $195.6 million compared with $213.8 million at the end of the fiscal second quarter of 2024.Cumulative net cash flow from operating activities at the end of the fiscal third quarter was $718.5 million, sequentially up from $427.2 million in the fiscal second quarter. Further, the company has a five-year annualized dividend growth rate of 8.76%.GuidanceSTERIS provided an updated fiscal 2024 guidance.The company expects fiscal 2024 revenues to increase 10 (previously 9-10%). Organic revenue expectation at CER stands at 7 (earlier 6).The Zacks Consensus Estimate for fiscal 2024 revenues is pegged at $5.44 billion, implying 9.6% growth from fiscal 2023.Adjusted EPS for fiscal 2024 is now expected in the range of $8.60-$8.70 (previously $8.60-$8.80). The Zacks Consensus Estimate for the metric is pegged at $8.66.How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates revision.VGM ScoresCurrently, Steris has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Steris has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.Performance of an Industry PlayerSteris belongs to the Zacks Medical - Instruments industry. Another stock from the same industry, Thermo Fisher Scientific (TMO), has gained 8.5% over the past month. More than a month has passed since the company reported results for the quarter ended December 2023.Thermo Fisher reported revenues of $10.89 billion in the last reported quarter, representing a year-over-year change of -4.9%. EPS of $5.67 for the same period compares with $5.40 a year ago.Thermo Fisher is expected to post earnings of $4.71 per share for the current quarter, representing a year-over-year change of -6.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.6%.The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Thermo Fisher. Also, the stock has a VGM Score of C.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSTERIS plc (STE) : Free Stock Analysis ReportThermo Fisher Scientific Inc. (TMO) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why Is Steris (STE) Up 5.8% Since Last Earnings Report?

https://finance.yahoo.com/news/why-steris-ste-5-8-163053506.html

ae9ba91f-e601-37ae-8d86-e60e4591cfd3

STLD

FORT WAYNE, Ind., Feb. 26, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.46 per common share, or 8% increase over the company's 2023 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2024 and is payable on or about April 14, 2024."We are pleased that our board of directors took this action, based on our confidence in the current and anticipated future strength of our cash flow generation capability and our strong financial position," said Mark D. Millett, Chairman and Chief Executive Officer. "We have consistently grown our cash dividend to shareholders in alignment with our structural growth initiatives, maintaining a strong cash dividend growth profile. We believe this action reflects the strength of our capital structure and liquidity profile, the continued optimism and confidence in our prospects to strategically grow, while staying committed to maintaining our investment grade credit rating."About Steel Dynamics, Inc.Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America, based on estimated annual steelmaking and metals recycling capability, with facilities located throughout the United States, and in Mexico. Steel Dynamics produces steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, specialty steel sections, and steel joists and deck. In addition, the company produces liquid pig iron and processes and sells ferrous and nonferrous scrap.Forward-Looking StatementsThis report contains some predictive statements about future events, including statements related to conditions in domestic or global economies, conditions in steel, aluminum, and recycled metals market places, Steel Dynamics' revenues, costs of purchased materials, future profitability and earnings, and the operation of new, existing or planned facilities. These statements, which we generally precede or accompany by such typical conditional words as "anticipate", "intend", "believe", "estimate", "plan", "seek", "project", or "expect", or by the words "may", "will", or "should", are intended to be made as "forward-looking", subject to many risks and uncertainties, within the safe harbor protections of the Private Securities Litigation Reform Act of 1995. These statements speak only as of this date and are based upon information and assumptions, which we consider reasonable as of this date, concerning our businesses and the environments in which they operate. Such predictive statements are not guarantees of future performance, and we undertake no duty to update or revise any such statements. Some factors that could cause such forward-looking statements to turn out differently than anticipated include: (1) domestic and global economic factors; (2) global steelmaking overcapacity and imports of steel, together with increased scrap prices; (3) pandemics, epidemics, widespread illness or other health issues, such as COVID-19 or its variants; (4) the cyclical nature of the steel industry and the industries we serve; (5) volatility and major fluctuations in prices and availability of scrap metal, scrap substitutes and supplies, and our potential inability to pass higher costs on to our customers; (6) cost and availability of electricity, natural gas, oil, or other energy resources are subject to volatile market conditions; (7) increased environmental, greenhouse gas emissions and sustainability considerations or regulations; (8) compliance with and changes in environmental and remediation requirements; (9) significant price and other forms of competition from other steel and aluminum producers, scrap processors and alternative materials; (10) availability of an adequate source of supply of scrap for our metals recycling operations; (11) cybersecurity threats and risks to the security of our sensitive data and information technology; (12) the implementation of our growth strategy; (13) litigation and legal compliance; (14) unexpected equipment downtime or shutdowns; (15) governmental agencies may refuse to grant or renew some of our licenses and permits; (16) our senior unsecured credit facility contains, and any future financing agreements may contain, restrictive covenants that may limit our flexibility; and (17) the impacts of impairment charges.Story continuesMore specifically, we refer you to our more detailed explanation of these and other factors and risks that may cause such predictive statements to turn out differently, as set forth in our most recent Annual Report on Form 10-K under the headings Special Note Regarding Forward-Looking Statements and Risk Factors, in our Quarterly Reports on Form 10-Q, or in other reports which we file with the Securities and Exchange Commission. These reports are available publicly on the Securities and Exchange Commission website, www.sec.gov, and on our website, www.steeldynamics.com under "Investors – SEC Filings."CisionView original content:https://www.prnewswire.com/news-releases/steel-dynamics-announces-first-quarter-2024-cash-dividend-increase-of-8-302071047.htmlSOURCE Steel Dynamics, Inc.

PR Newswire

Steel Dynamics Announces First Quarter 2024 Cash Dividend Increase of 8%

https://finance.yahoo.com/news/steel-dynamics-announces-first-quarter-130000542.html

75961cb5-2bdb-3d4c-bb57-27dbb2abc315

STLD

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Alpha Metallurgical (AMR) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Alpha Metallurgical is one of 236 companies in the Basic Materials group. The Basic Materials group currently sits at #15 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Alpha Metallurgical is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past three months, the Zacks Consensus Estimate for AMR's full-year earnings has moved 48.2% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Our latest available data shows that AMR has returned about 15% since the start of the calendar year. Meanwhile, the Basic Materials sector has returned an average of -5.7% on a year-to-date basis. This means that Alpha Metallurgical is outperforming the sector as a whole this year.Another stock in the Basic Materials sector, Steel Dynamics (STLD), has outperformed the sector so far this year. The stock's year-to-date return is 7.5%.For Steel Dynamics, the consensus EPS estimate for the current year has increased 9.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Breaking things down more, Alpha Metallurgical is a member of the Mining - Miscellaneous industry, which includes 56 individual companies and currently sits at #168 in the Zacks Industry Rank. On average, this group has lost an average of 13.6% so far this year, meaning that AMR is performing better in terms of year-to-date returns.Story continuesOn the other hand, Steel Dynamics belongs to the Steel - Producers industry. This 22-stock industry is currently ranked #163. The industry has moved -1.4% year to date.Investors interested in the Basic Materials sector may want to keep a close eye on Alpha Metallurgical and Steel Dynamics as they attempt to continue their solid performance.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportAlpha Metallurgical Resources, Inc. (AMR) : Free Stock Analysis ReportSteel Dynamics, Inc. (STLD) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Are Basic Materials Stocks Lagging Alpha Metallurgical Resources (AMR) This Year?

https://finance.yahoo.com/news/basic-materials-stocks-lagging-alpha-144010320.html

95a61ace-cd7d-3b1e-a8c2-9fb40c82357e

STLD

Steel Dynamics (STLD) closed the most recent trading day at $129.96, moving +1.14% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.51% for the day. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.58%.Shares of the steel producer and metals recycler have appreciated by 6.93% over the course of the past month, outperforming the Basic Materials sector's gain of 4.25% and the S&P 500's gain of 2.94%.Analysts and investors alike will be keeping a close eye on the performance of Steel Dynamics in its upcoming earnings disclosure. In that report, analysts expect Steel Dynamics to post earnings of $3.48 per share. This would mark a year-over-year decline of 13.22%. At the same time, our most recent consensus estimate is projecting a revenue of $4.61 billion, reflecting a 5.89% fall from the equivalent quarter last year.For the full year, the Zacks Consensus Estimates are projecting earnings of $11.70 per share and revenue of $17.95 billion, which would represent changes of -21.74% and -4.51%, respectively, from the prior year.Investors should also take note of any recent adjustments to analyst estimates for Steel Dynamics. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 4.24% higher. Steel Dynamics presently features a Zacks Rank of #2 (Buy).Story continuesValuation is also important, so investors should note that Steel Dynamics has a Forward P/E ratio of 10.99 right now. This expresses a premium compared to the average Forward P/E of 10.67 of its industry.The Steel - Producers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 171, putting it in the bottom 33% of all 250+ industries.The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSteel Dynamics, Inc. (STLD) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Steel Dynamics (STLD) Rises Higher Than Market: Key Facts

https://finance.yahoo.com/news/steel-dynamics-stld-rises-higher-231510584.html

730b1fb9-33a3-3508-8fd4-3e156ffa0075

STLD

In this article, we will take a look at the 10 best steel stocks to buy according to analysts. To skip our analysis of the recent trends, and market activity, you can go directly to see the 5 Best Steel Stocks to Buy According to Analysts.The steel industry plays a pivotal role in the progress of any economy. Its products are used in almost all the industries including energy, construction, automotive and transportation, infrastructure, packaging and machinery. The biggest consumer of steel is the housing and construction sector which uses more than half of the steel produced every year.There has been a push towards increasing steel production through green production methods by controlling the carbon emissions generated during the process of steel production. As part of this effort, companies are focusing on employing green energy resources such as renewable energy to generate electricity which is utilized in the production process. Steel is primarily produced by two methods: the blast furnace or the Electric Arc Furnace (EAF). The blast furnace method utilizes coal, iron ore, and limestone to produce pig iron while EAFs use an electrical current to melt scrap steel, direct reduced iron, and/or pig iron, to produce molten steel. The use of EAFs to produce steel has expanded and currently accounts for more than two-thirds of steel production in United States. In addition, recycling scrap metals to produce steel can also support the effort.According to a report by the World Steel Association, global crude steel production slowed down in 2022 from 1,962 million tons to 1,885 million tons, while the demand stood at 1,781 million tons. Production slightly increased on a year-on-year basis to 1,891 million tons in 2023. The demand was impacted by high inflation, interest rate increases, lockdowns in China, and the Russia-Ukraine conflict. The demand is expected to slightly recover and reach 1,822 million tons in 2023, with a further 1.7% growth expected next year. According to a report by Fitch Ratings, the global demand for steel is expected to grow in most regions globally and consumption in 2024 is expected to increase by 20 to 30 million tons compared to 2023.Story continuesLast year on December 23, Nippon Steel Corporation, Japan’s largest steelmaker and one of the world’s leading steel manufacturers, announced that it has entered into a definitive agreement to acquire United States Steel Corporation (NYSE:X) in an all-cash transaction valued at $14.9 billion. The transaction, expected to close in Q3 2024, has garnered criticism from US lawmakers as well as other stakeholders including the United Steelworkers union. On February 26, United Steelworkers announced the signing of a non-disclosure agreement with Nippon Steel as the company remains committed to the timely closing of the transaction.Following the transaction, the industry will be left with three major American-owned steel producers, Nucor Corporation (NYSE:NUE), Steel Dynamics, Inc. (NASDAQ:STLD), and Cleveland-Cliffs Inc. (NYSE:CLF).A steel coil being loaded into a facility for further processing and distribution.MethodologyWe used stock screeners to identify the companies that operate in the steel industry and shortlisted the stocks with market capitalizations of more than $300 million. The final step involved the ranking of the identified list of stocks based on their respective analyst ratings. We have ranked the stocks in the descending order of their analyst ratings, on a scale of 1 to 5 where 1 represents a strong buy, 2 represents a buy rating and the subsequent numbers represent hold, sell, and strong sell ratings, respectively.We have also provided hedge fund sentiment data, sourced from Insider Monkey’s database of more than 900 prominent hedge funds, for the stocks in our list of 10 best steel stocks to buy according to analysts. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.10 Best Steel Stocks to Buy According to Analysts10. Cleveland-Cliffs Inc. (NYSE:CLF)Average Analyst Rating: 2.50Number of Hedge Fund Holders: 39Founded in 1847 as a mine operator, Cleveland-Cliffs Inc. (NYSE:CLF) is the largest flat-rolled steel producer and also the largest manufacturer of iron ore pellets in North America. The company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing.On January 29, Cleveland-Cliffs Inc. (NYSE:CLF) released its financial results for Q4 2023. Its revenues increased by 2% y-o-y to $5.1 billion, while net loss shrunk 32% y-o-y to $139 million. Its normalized EPS of -$0.05 was in-line with the consensus estimates.As of Q4 2023, Cleveland-Cliffs Inc. (NYSE:CLF) shares were owned by 39 hedge funds tracked by Insider Monkey, the highest on our list of 10 best steel stocks to buy according to analysts. David Greenspan’s Slate Path Capital was the lead hedge fund shareholder with ownership of 7.0 million shares valued at $142 million.9. Gerdau S.A. (NYSE:GGB)Average Analyst Rating: 2.20Number of Hedge Fund Holders: 13São Paulo, Brazil-based Gerdau S.A. (NYSE:GGB) is the largest steel producer in Brazil and one of the leading producers of long steel in the Americas. A significant portion of the steel produced by the company each year comes from recycled steel scrap.Gerdau S.A. (NYSE:GGB) has a history of solid dividend payouts. Based on the dividends paid in 2023 and latest share price, its shares have a dividend yield of 5.21%, the second highest on our list of 10 best steel stocks to buy according to analysts.On January 17, Gerdau S.A. (NYSE:GGB) announced that it has agreed to sell its 49.85% stake in Gerdau Diaco S.A. and its 50.00% Gerdau Metaldom Corp., joint ventures operating in Colombia, Dominican Republic, Panama, and Costa Rica. INICIA Group is acquiring the stakes with a total base price of $325 million.8. Reliance, Inc. (NYSE:RS)Average Analyst Rating: 2.14Number of Hedge Fund Holders: 31Scottsdale, Arizona-based Reliance, Inc. (NYSE:RS), formerly known as Reliance Steel & Aluminum Co., is a leading diversified metals solutions provider. It offers a full range of value-added metals products including galvanized, hot-rolled, and cold-finished steel, stainless steel, aluminum, brass, copper, titanium, and alloy steel, among others.Reliance, Inc. (NYSE:RS) has grown rapidly with intermittent acquisitions to bolster its product offerings and to expand its network. In February, the company agreed to acquire American Alloy Steel, Inc., a specialty carbon, and alloy steel plate distributor with annual sales of $310 million, and acquired Cooksey Iron & Metal Co., Inc., a metal services center with $90 million annual sales.Reliance, Inc. (NYSE:RS) has paid regular quarterly cash dividends for 64 consecutive years without reduction or suspension. On February 13, its Board of Directors declared a quarterly cash dividend of $1.10 per share which represents a 10% increase.7. Commercial Metals Company (NYSE:CMC)Average Analyst Rating: 2.11Number of Hedge Fund Holders: 28Commercial Metals Company (NYSE:CMC), based in Irving, Texas, is a steel company that manufactures, recycles, and fabricates steel and metal products and provides related materials and services. It is the largest manufacturer of steel reinforcing bar (rebar) in North America and Central Europe.On January 8, Commercial Metals Company (NYSE:CMC) released its financial results for the quarter ended November 30, 2023. Its revenue decreased by 10% y-o-y to $2.0 billion while net income shrunk 33% y-o-y to $176 million. Its normalized EPS of $1.63 surpassed consensus estimates by $0.16.Commercial Metals Company (NYSE:CMC) has a robust dividend payment plan and has paid regular quarterly dividends for 236 consecutive quarters. On January 4, the Board of Directors of the company declared a regular quarterly dividend of $0.16 per share.6. Olympic Steel, Inc. (NASDAQ:ZEUS)Average Analyst Rating: 2.00Number of Hedge Fund Holders: 12Cleveland, Ohio-based Olympic Steel, Inc. (NASDAQ:ZEUS) is a leading U.S. metals service center focused on the direct sale of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminum, tin plate, and metal-intensive branded products.On February 22, Olympic Steel, Inc. (NASDAQ:ZEUS) released its Q4 2023 financial results. It generated a net revenue of $489 million and a net income of $7.4 million which translates to an EPS of $0.64, $0.45 more than consensus estimates.The Board of Directors of Olympic Steel, Inc. (NASDAQ:ZEUS) declared a regular quarterly cash dividend of $0.15 per share which represents a 20% increase from its previous dividend payout.Click to continue reading and see 5 Best Steel Stocks to Buy According to Analysts Suggested Articles:Real Estate Investing For Beginners: 11 Best Stocks To Buy15 Countries With Economic Growth or Debt Problems in 202450 Best Countries in the WorldDisclosure: None. 10 Best Steel Stocks to Buy According to Analysts is originally published on Insider Monkey.

Insider Monkey

10 Best Steel Stocks to Buy According to Analysts

https://finance.yahoo.com/news/10-best-steel-stocks-buy-124906935.html

32094964-2c77-3ca2-9ef8-eef4108ec187

STT

Big businesses keep backing away from "ESG" and "DEI" as the political heat around these buzzwords mount in an election year.Companies are reducing their involvement in a high-profile climate group; talking less about environmental, social, and governance (ESG) concerns on earnings calls; and paring back new hires devoted to diversity, equity, and inclusion (DEI) in workplaces.The latest retrenchment came last week when financial giants JPMorgan Chase (JPM), State Street (STT), and Pimco all pulled out of Climate Action 100+, a coalition formed in 2017 to encourage companies to reduce their emissions.BlackRock (BLK), the world's largest money manager, also ended its US involvement with the group.The main entrance to JPMorgan Chase's headquarters in Manhattan. (Erik McGregor/LightRocket via Getty Images) (Erik McGregor via Getty Images)A JPMorgan asset management spokesperson explained the decision partly as a result of the firm's "development of its own climate risk engagement framework over the past couple of years," adding that "we believe that climate change continues to present material economic risks and opportunities to our clients."The asset managers "are delivering what their clients want," wrote Doug Holtz-Eakin, the president of the American Action Forum, in a recent column.The moves followed a wave of political pressure on the climate coalition, with House Judiciary Committee Chair Jim Jordan (R-Ohio) even issuing a subpoena.In a statement, Jordan called the withdrawals "big wins for freedom and the American economy, and we hope more financial institutions follow suit in abandoning collusive ESG actions."The GOP is applying pressure on other fronts, as well. Former President Trump has promised to banish ESG "forever," while a top Trump ally has called DEI "bigotry." Republican-led states are also aggressively pushing companies to revisit their DEI policies and suggesting they could be illegal.Rep. Jim Jordan (R-Ohio) at the US Capitol in January. (Bill Clark/CQ-Roll Call, Inc via Getty Images) (Bill Clark via Getty Images)A shift on multiple frontsCompanies are shying away from ESG and DEI in other ways. One has to do with what they discuss on their quarterly earnings calls with analysts.Story continuesA recent analysis from FactSet found that mentions of ESG on S&P 500 earnings calls were set to reach new lows this year compared to earlier in the decade. Direct mentions of DEI were even less frequent.Mentions are dramatically down from recent high-water marks, including a 2021 that saw over 100 mentions of ESG each quarter.Another change from companies is that they have slowed their hiring of people with DEI attached to their titles.A 2023 report from LinkedIn found a surge between 2019 and 2022 in C-suites hiring for DEI-related titles like chief diversity and inclusion officer. The growth was largely seen as a response to the global protests against racism and police brutality following the murder of George Floyd by a white police officer in Minneapolis.But the study also found that the tide has more recently ebbed, with these roles experiencing a 4.5% decline in 2023.Another recent look at the subject from employment data provider Live Data Technologies found that chief diversity officers were more vulnerable to layoffs and experienced higher turnover in recent years.PwC offices in London, England. (Jack Taylor/Getty Images) (Jack Taylor via Getty Images)The downward pressure on DEI in offices and boardrooms has further increased in recent months following a Supreme Court ruling last June that schools can't explicitly consider race in the admissions process.In just one example, giant accounting firm PwC pulled back on some of its diversity targets in the US given the legal uncertainty following the high court's decision."The momentum fueling DEI slowed," added a recent report from consulting firm Paradigm.A political fight that may only increaseThe step back by corporate America comes as political fighting over these topics is expected to increase.A new poll released Thursday from left-leaning group Unlocking America's Future found that American voters are largely unfamiliar with terminology like "ESG" but responded very positively to terms like "responsible companies" (78% favorability) and "sustainable business practices" (73%).The takeaway, says Kyle Herrig of the group, is that anti-ESG forces "have misread the American people with their attacks." He added that pro-ESG forces should use the new data to go on the offensive against the ongoing Republican efforts on the other side.But companies may not be in a rush to follow, with evidence growing that there's a benefit for businesses that can effectively sidestep the term while still keeping a focus on larger trends.BlackRock is perhaps a good example.CEO Larry Fink had been the unwitting face of ESG in recent years after a series of his annual letters to investors often discussed the concept. But that has shifted to the point where he now refuses to say the term at all and says it has become "weaponized."Larry Fink, CEO of Blackrock, speaks at a roundtable discussion about "Financing the New Climate Economy" at the COP28 Climate Conference in December in Dubai. (Sean Gallup/Getty Images) (Sean Gallup via Getty Images)But he recently orchestrated a $12.5 billion dollar deal to buy private equity firm Global Infrastructure Partners. He explained the move to his investors partly as a way to tap into clean energy trends. "If we are going to decarbonize the world ... capital and infrastructure is going to be very necessary," he said.But he also noted that the deal would be a way to work with state and global governments keen on traditional energy sources.The effort appears to have already paid off with Fink recently finding himself courted by a former fierce critic in Texas who is now seeking to shore up the state's electrical grid.According to a Bloomberg account of a recent gathering in Houston, Texas Lieutenant Governor Dan Patrick called Fink the "king of Wall Street" after years of criticizing him."We need more dispatchable power as soon as we can get it," he told the CEO.Ben Werschkul is Washington correspondent for Yahoo Finance.Click here for politics news related to business and moneyRead the latest financial and business news from Yahoo Finance

Yahoo Finance

Wall Street is paring its bets on ESG and DEI as political pressure rises

https://finance.yahoo.com/news/wall-street-is-paring-its-bets-on-esg-and-dei-as-political-pressure-rises-150045328.html

549dc46f-b7eb-4f92-b4b1-c23171e78f9b

STT

On February 22, 2024, Executive Vice President Donna Milrod sold 3,200 shares of State Street Corporation (NYSE:STT), according to a recent SEC Filing. The transaction was executed with the stock price at $72.33 per share, resulting in a total sale amount of $231,456.Warning! GuruFocus has detected 5 Warning Signs with LEU.State Street Corporation is a financial services and bank holding company headquartered in Boston, Massachusetts. It provides a range of products and services for institutional investors worldwide, including investment management, investment research and trading, and investment servicing.Over the past year, the insider has sold a total of 3,200 shares and has not made any purchases. The insider transaction history for State Street Corporation shows a pattern of 12 insider sells and no insider buys over the same timeframe.Shares of State Street Corporation were trading at $72.33 on the day of the insider's recent sale, giving the company a market cap of $22.002 billion. The price-earnings ratio stands at 13.27, which is below both the industry median of 13.63 and the companys historical median price-earnings ratio.With the current share price and a GuruFocus Value of $85.84, State Street Corporation has a price-to-GF-Value ratio of 0.84, indicating that the stock is considered Modestly Undervalued according to the GF Value metric.The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.State Street Corporation Executive Vice President Donna Milrod Sells 3,200 SharesThe insider trend image above reflects the recent selling activity by insiders at State Street Corporation.State Street Corporation Executive Vice President Donna Milrod Sells 3,200 SharesThe GF Value image above provides a visual representation of State Street Corporation's current valuation in relation to its intrinsic value as estimated by GuruFocus.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

State Street Corporation Executive Vice President Donna Milrod Sells 3,200 Shares

https://finance.yahoo.com/news/state-street-corporation-executive-vice-220059829.html

5663ff70-1256-3523-8a14-69cb55926117

STT

BOSTON, March 08, 2024--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its first-quarter 2024 financial results on Friday, April 12, 2024 at approximately 7:30 a.m. ET. The results will be reviewed via webcast and teleconference at 11:00 a.m. ET.The conference call will be accessible via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com, and by telephone at (+1) 888-886-7786 (Conference ID: 14320217). Materials will be available on State Street’s Investor Relations website prior to the call.Following the call, a replay will be available via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com, or by telephone, which will be available for approximately one month, at (+1) 877-674-7070 (Conference ID: 14320217, Playback Passcode: 320217 #).About State Street CorporationState Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $41.8 trillion in assets under custody and/or administration and $4.1 trillion* in assets under management as of December 31, 2023, State Street operates globally in more than 100 geographic markets and employs approximately 46,000 worldwide. For more information, visit State Street's website at www.statestreet.com.*Assets under management as of December 31, 2023 includes approximately $64 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.View source version on businesswire.com: https://www.businesswire.com/news/home/20240308704830/en/ContactsInvestor Contact: Ilene Fiszel Bieler+1 617 664 3477Media Contact: Carolyn Cichon+1 617 664 8672

Business Wire

State Street Corporation (NYSE: STT) Announces Date for Release of First-Quarter 2024 Financial Results and Conference Call Webcast

https://finance.yahoo.com/news/state-street-corporation-nyse-stt-213000114.html

e8bb94ed-d2fb-39da-ba1d-d713ff7b4be2

STT

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.State Street Corporation in FocusHeadquartered in Boston, State Street Corporation (STT) is a Finance stock that has seen a price change of -6.49% so far this year. The company is paying out a dividend of $0.69 per share at the moment, with a dividend yield of 3.81% compared to the Banks - Major Regional industry's yield of 3.81% and the S&P 500's yield of 1.58%.Looking at dividend growth, the company's current annualized dividend of $2.76 is up 4.5% from last year. Over the last 5 years, State Street Corporation has increased its dividend 4 times on a year-over-year basis for an average annual increase of 7.65%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. State Street Corporation's current payout ratio is 36%. This means it paid out 36% of its trailing 12-month EPS as dividend.STT is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2024 is $7.83 per share, which represents a year-over-year growth rate of 2.22%.Bottom LineInvestors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. However, not all companies offer a quarterly payout.Story continuesFor instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, STT is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold).Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportState Street Corporation (STT) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Are You Looking for a High-Growth Dividend Stock?

https://finance.yahoo.com/news/looking-high-growth-dividend-stock-154505621.html

828e913f-3dd4-363f-a134-55fe0dd75d6c

STX

Gianluca Romano, EVP & CFO of Seagate Technology Holdings PLC (NASDAQ:STX), executed a sale of 5,611 shares in the company on February 22, 2024, according to a recent SEC filing. Seagate Technology Holdings PLC is a global leader in data storage solutions, developing amazing products that enable people and businesses around the world to create, share and preserve their most critical memories and business data.Warning! GuruFocus has detected 10 Warning Signs with STX.Over the past year, the insider has sold a total of 146,858 shares and has not made any purchases. The recent transaction on February 22 is part of this selling trend.The insider transaction history for Seagate Technology Holdings PLC shows a pattern of sales by insiders over the past year, with 17 insider sells and no insider buys recorded.EVP & CFO Gianluca Romano Sells 5,611 Shares of Seagate Technology Holdings PLCOn the day of the sale, shares of Seagate Technology Holdings PLC were trading at $88.02, giving the company a market capitalization of $18.432 billion.The stock's price-to-GF-Value ratio stands at 1.55, indicating that it is significantly overvalued according to the GF Value of $56.78. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is determined by historical trading multiples, an adjustment factor based on the company's historical performance, and future business performance estimates from analysts.EVP & CFO Gianluca Romano Sells 5,611 Shares of Seagate Technology Holdings PLCThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on GuruFocus.

GuruFocus.com

EVP & CFO Gianluca Romano Sells 5,611 Shares of Seagate Technology Holdings PLC

https://finance.yahoo.com/news/evp-cfo-gianluca-romano-sells-080901614.html

a928af13-4ae5-3638-9d62-c2f89567afb2

STX

FREMONT, Calif., February 26, 2024--(BUSINESS WIRE)--Seagate Technology plc (NASDAQ: STX), the leading innovator of mass-capacity storage solutions, today announced the launch of its new e-commerce website in the United States. Seagate’s industry-leading storage products can now be purchased directly from www.seagate.com with access to exclusive promotions, support, live chat customer support, and peace of mind with genuine Seagate products."We are excited to launch our new e-commerce website in the U.S., which will provide consumers with a seamless and personalized shopping experience," said Lance Ohara, vice president of marketing at Seagate. "The website will strengthen our relationship with our end users and enable us to deliver more value to them. At Seagate, we continue to innovate and bring new products to market, and our new e-commerce website will be where end users can find it first."To celebrate the launch, customers who register for Seagate’s e-commerce site will have first access to special pricing, free shipping offers, and other promotions. At launch, Seagate is offering an exclusive discount on its most popular gaming storage drives including the Xbox Storage Expansion Card for Xbox Series X|S 1TB at $129.99 (regularly $219.99), and Game Drive PS5™ NVMe SSD for $89.99 (regularly $124.99).The company plans to expand its e-commerce site to other regions later this year.For exclusive access to promotions and to stay up to date on the latest news, please register for Seagate’s email and SMS notifications at www.seagate.com.About Seagate TechnologySeagate Technology is the leading innovator of sustainable mass-capacity data storage solutions. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud. To learn more about how Seagate leads storage innovation, visit www.seagate.com and our blog, or follow us on Twitter, Facebook, LinkedIn, and YouTube.Story continues©2024 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology and the Spiral logo are trademarks or registered trademarks of Seagate Technology LLC in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners.View source version on businesswire.com: https://www.businesswire.com/news/home/20240226591707/en/ContactsGreg [email protected]

Business Wire

Seagate Launches New E-commerce Website in the United States

https://finance.yahoo.com/news/seagate-launches-e-commerce-website-161900489.html

b3cad719-ed9c-3db4-88a8-6c3a21d51d89

STX

It has been about a month since the last earnings report for Jacobs Solutions (J). Shares have added about 2.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Jacobs Solutions due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.Jacobs (J) Q1 Earnings & Revenues Top EstimatesJacobs Solutions Inc. reported impressive first-quarter fiscal 2024 (ended Dec 29, 2023) results, with earnings and revenues surpassing their respective Zacks Consensus Estimate.Earnings and revenues increased on a year-over-year basis, backed by robust organic revenue growth in its P&PS business. This reflects the company's broad-based strength in global infrastructure and sustainability investment.The company is striving to create a leaner operating model that delivers higher growth and higher margin value for stakeholders. This can be achieved by focusing on disciplined execution and project delivery excellence. Furthermore, J is optimistic about the progress made toward the merger of its CMS and Cyber & Intelligence businesses with Amentum as it looks to establish two independent companies.Earnings & Revenue DiscussionFor the reported quarter, adjusted earnings of $2.02 per share topped the consensus estimate of $1.50. Also, the reported figure was up 28% from the year-ago period.Jacobs’ revenues totaled $4.16 billion, which topped the consensus mark of $4.01 billion by 3.7% and increased 9.5% year over year. Adjusted net revenues were up 7% year over year (5.4% in constant currency).Adjusted operating profit declined 3.1% to $322 million from a year ago. The adjusted operating margin of 9.8% contracted 102 basis points (bps) year over year.Adjusted EBITDA fell 3.1% year over year to $328 million and adjusted EBITDA margin contracted 104 bps year over year to 10%.The backlog at the end of first-quarter fiscal 2024 amounted to $29.6 billion, up 4.7% from a year ago.Story continuesSegment DetailsRevenues in the CMS segment of $1.13 billion increased 5% year over year. The segment’s operating profit was up 13.6% to $93 million from a year ago, with a margin expansion of 63 bps to 8.3%. The backlog at the fiscal first-quarter end was $8.311 billion, up from $7.632 billion a year ago.Revenues in the P&PS segment totaled $2.47 billion, which increased 10.9% year over year. Net revenues (excluding Pass-Through Revenue) were up by 8.4% year over year. Its operating profit declined 0.7% from the prior-year quarter to $225 million and the margin fell 125 bps to 13.7%. The backlog at the quarter’s end was $17.86 billion, up from $17.24 billion a year ago.Revenues in the Divergent Solutions segment totaled $254.2 million, which increased 18.5% year over year. Divergent Solutions’ net revenues were up 4.7% year over year. Segment operating profit declined 36.7% from the prior-year quarter to $8 million. Its operating margin of 3.6% also fell 236 bps year over year. The backlog at the quarter’s end was $3.110 billion, up from $3.077 billion a year ago.PA Consulting generated $306 million in revenues, up 8.5% from the year-ago quarter’s period. Its operating profit was $54 million, up 6.7% from $51 million a year ago. Its operating margin fell by 30 bps year over year to 17.8%. The quarter-end backlog amounted to $317 million, up from $306 million a year ago.Balance Sheet & Cash FlowAt the fiscal first-quarter end, Jacobs had cash and cash equivalents of $1,142.2 million, up from $926.6 million at the fiscal 2023-end (Sep 29, 2023). Long-term debt increased to $2.83 billion at the fiscal first-quarter end from $2.81 billion at the fiscal 2023-end.Net cash provided by operating activities totaled $418.4 million in the quarter compared with $302.3 million in the year-ago quarter. The free cash flow was $401 million during the fiscal first quarter.Fiscal 2024 Guidance MaintainedJacobs expects adjusted EBITDA between $1,530 million and $1,600 million, up 9% from the previous year, considering the mid-point. It anticipates adjusted earnings within $7.70-$8.20 per share, up 10% year over year at the mid-point.How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates review.VGM ScoresCurrently, Jacobs Solutions has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. Charting a somewhat similar path, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy.Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Jacobs Solutions has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.Performance of an Industry PlayerJacobs Solutions is part of the Zacks Technology Services industry. Over the past month, Seagate (STX), a stock from the same industry, has gained 8.5%. The company reported its results for the quarter ended December 2023 more than a month ago.Seagate reported revenues of $1.56 billion in the last reported quarter, representing a year-over-year change of -17.6%. EPS of $0.12 for the same period compares with $0.16 a year ago.Seagate is expected to post earnings of $0.19 per share for the current quarter, representing a year-over-year change of +167.9%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.The overall direction and magnitude of estimate revisions translate into a Zacks Rank #2 (Buy) for Seagate. Also, the stock has a VGM Score of D.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportJacobs Solutions Inc. (J) : Free Stock Analysis ReportSeagate Technology Holdings PLC (STX) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why Is Jacobs Solutions (J) Up 2.3% Since Last Earnings Report?

https://finance.yahoo.com/news/why-jacobs-solutions-j-2-163058155.html

270ca209-d605-3377-ba3b-f4bb5dbc716a

STX

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications of aging. Typically, we'll see the trend of both return on capital employed (ROCE) declining and this usually coincides with a decreasing amount of capital employed. Trends like this ultimately mean the business is reducing its investments and also earning less on what it has invested. So after glancing at the trends within Seagate Technology Holdings (NASDAQ:STX), we weren't too hopeful.What Is Return On Capital Employed (ROCE)?For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Seagate Technology Holdings, this is the formula:Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)0.0065 = US$30m ÷ (US$7.1b - US$2.5b) (Based on the trailing twelve months to December 2023).Thus, Seagate Technology Holdings has an ROCE of 0.6%. In absolute terms, that's a low return and it also under-performs the Tech industry average of 7.5%. Check out our latest analysis for Seagate Technology Holdings roceIn the above chart we have measured Seagate Technology Holdings' prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Seagate Technology Holdings for free.The Trend Of ROCEThe trend of returns that Seagate Technology Holdings is generating are raising some concerns. To be more specific, today's ROCE was 29% five years ago but has since fallen to 0.6%. On top of that, the business is utilizing 29% less capital within its operations. When you see both ROCE and capital employed diminishing, it can often be a sign of a mature and shrinking business that might be in structural decline. If these underlying trends continue, we wouldn't be too optimistic going forward.Story continuesThe Bottom Line On Seagate Technology Holdings' ROCEIn short, lower returns and decreasing amounts capital employed in the business doesn't fill us with confidence. The market must be rosy on the stock's future because even though the underlying trends aren't too encouraging, the stock has soared 142%. In any case, the current underlying trends don't bode well for long term performance so unless they reverse, we'd start looking elsewhere.One more thing to note, we've identified 3 warning signs with Seagate Technology Holdings and understanding them should be part of your investment process.If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

Seagate Technology Holdings' (NASDAQ:STX) Returns On Capital Tell Us There Is Reason To Feel Uneasy

https://finance.yahoo.com/news/seagate-technology-holdings-nasdaq-stx-124254434.html

a806f79d-9d15-364c-9200-ff55be8c188b

STZ

Constellation Brands, Inc.VICTOR, N.Y., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced the election of Christopher J. Baldwin of CVC Advisors (U.S.) Inc., a leading global private markets manager, to serve as a member of Constellation’s board of directors, as well as his appointment as non-executive chair of the company’s board, each effective March 1, 2024.“We are excited to welcome Chris to Constellation’s board of directors,” said José Manuel Madero, Constellation Brands board member and interim board chair. “Both the company’s board and executive team will benefit greatly from his leadership, general management experience, and deep consumer packaged goods and retail industry knowledge, as Constellation continues to position itself for sustainable, industry-leading profitable growth and shareholder returns within the evolving beverage alcohol category.”Mr. Baldwin has served as a managing partner of CVC Advisors (U.S.) Inc. since October 2020. Prior to that, he held various board and executive management roles at BJ’s Wholesale Club Holdings Inc. (NYSE: BJ) between September 2015 and June 2023, including serving as the company’s executive chairman of the board and chief executive officer during that time span. Mr. Baldwin continues to serve as a member of BJ’s board of directors until his term expires at its 2024 annual meeting of shareholders. While at BJ’s, Mr. Baldwin also served as chairman of the National Retail Federation board of directors from 2018-2020. In addition, Mr. Baldwin held numerous senior executive roles at Hess Retail Corporation, Kraft Foods Group, Inc., The Hershey Company, and The Procter & Gamble Company.Mr. Baldwin brings to Constellation’s board extensive executive and board leadership experience, and deep knowledge of the consumer packaged goods and food and beverage industries from his more than 20 years of service in multiple facets of business leadership including branding, marketing, and human capital development.Story continues“Under the direction of Bill Newlands and his executive team, Constellation Brands has strengthened its position as a growth leader among consumer packaged goods and beverage alcohol companies,” said Baldwin. “I look forward to engaging with my fellow Constellation board members, as well as Bill and his executive team, to further build on the company’s strong foundation and industry-leading momentum, setting the stage for sustainable long-term success.”In addition, Constellation’s board of directors has accepted the voluntary resignation of Susan Somersille Johnson as a member of the board, effective February 17, 2024. Ms. Johnson joined Constellation’s board in July 2017 and served as a member of its Human Resources Committee. Ms. Johnson’s resignation was not due to any disagreement with the company on any matter relating to its operations, practices, or procedures.“On behalf of my fellow Constellation Brands board members, I want to thank Susan for her leadership and dedicated service to our board and the company over the past six-and-a-half years,” said Madero.“Susan’s deep understanding of and passion for brand strategy, marketing, and technology served as valuable assets to our team. We wish her the very best in her future endeavors.”These moves serve as a continuation of the company’s comprehensive board refreshment and governance enhancement process launched following its transition from a dual to a single class share structure in November 2022.ABOUT CONSTELLATION BRANDSConstellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It’s worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.Every day, people reach for our high-end, iconic imported beer brands such as those in the Corona brand family like the flagship Corona Extra, Modelo Especial and the flavorful lineup of Modelo Cheladas, Pacifico, and Victoria; our fine wine and craft spirits brands including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey; and our premium wine brands such as Kim Crawford and Meiomi.As an agriculture-based company, we have a long history of operating sustainably and responsibly. Our ESG strategy is embedded into our business and our work focuses on serving as good stewards of the environment, enhancing social equity within our industry and communities, and promoting responsible beverage alcohol consumption. These commitments ground our aspirations beyond driving the bottom line as we work to create a future that is truly Worth Reaching For.To learn more, visit www.cbrands.com and follow us on X, Instagram, and LinkedIn.FORWARD-LOOKING STATEMENTSThis news release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The word “expect” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These statements may relate to business strategy, future operations, prospects, plans, and objectives of management and Constellation’s Board of Directors, as well as information concerning expected actions of third parties. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by, such forward-looking statements. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur.The forward-looking statements are based on management’s current expectations and should not be construed in any manner as a guarantee that such results will in fact occur. All forward-looking statements speak only as of the date of this news release and Constellation does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.In addition to risks and uncertainties associated with ordinary business operations, the forward-looking statements contained in this news release are subject to other risks and uncertainties, including the accuracy of all projections and other factors and uncertainties disclosed from time-to-time in Constellation Brands’ filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended February 28, 2023 and its Quarterly Report on Form 10-Q for the fiscal quarter ended November 30, 2023, which could cause actual future performance to differ from current expectations.MEDIA CONTACTSINVESTOR RELATIONS CONTACTSAmy Martin 585-678-7141 / [email protected] Carissa Guzski 315-525-7362 / [email protected] Suarez 773-551-4397 / [email protected] Snehal Shah 847-385-4940 / [email protected] Paccapaniccia 585-282-7227 / [email protected]  A downloadable PDF copy of this news release can be found here: http://ml.globenewswire.com/Resource/Download/412dfdaa-d13c-4ea1-8ec0-03772bd1f5ce

GlobeNewswire

Constellation Brands Announces Election of Christopher J. Baldwin as New Independent Board Chair

https://finance.yahoo.com/news/constellation-brands-announces-election-christopher-133000642.html

37afc7c5-40bf-362e-b90d-2ae6783a22e7

STZ

Constellation Brands (STZ) closed the most recent trading day at $245.61, moving +0.14% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq lost 0.32%.Coming into today, shares of the wine, liquor and beer company had lost 3.06% in the past month. In that same time, the Consumer Staples sector gained 2.56%, while the S&P 500 gained 2.99%.The investment community will be closely monitoring the performance of Constellation Brands in its forthcoming earnings report. It is anticipated that the company will report an EPS of $2.13, marking a 7.58% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $2.12 billion, reflecting a 5.88% rise from the equivalent quarter last year.For the full year, the Zacks Consensus Estimates project earnings of $11.90 per share and a revenue of $9.94 billion, demonstrating changes of +11.74% and +5.13%, respectively, from the preceding year.Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Constellation Brands. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 0.1% rise in the Zacks Consensus EPS estimate. Constellation Brands currently has a Zacks Rank of #3 (Hold).Story continuesValuation is also important, so investors should note that Constellation Brands has a Forward P/E ratio of 20.62 right now. For comparison, its industry has an average Forward P/E of 17.06, which means Constellation Brands is trading at a premium to the group.One should further note that STZ currently holds a PEG ratio of 1.9. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. STZ's industry had an average PEG ratio of 2.05 as of yesterday's close.The Beverages - Alcohol industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 180, which puts it in the bottom 29% of all 250+ industries.The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow STZ in the coming trading sessions, be sure to utilize Zacks.com.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportConstellation Brands Inc (STZ) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why Constellation Brands (STZ) Outpaced the Stock Market Today

https://finance.yahoo.com/news/why-constellation-brands-stz-outpaced-225016973.html

23473abf-e2e0-3b46-a67f-3c4b75fdb27e

STZ

Key InsightsConstellation Brands' estimated fair value is US$514 based on 2 Stage Free Cash Flow to EquityConstellation Brands' US$258 share price signals that it might be 50% undervalued The US$291 analyst price target for STZ is 43% less than our estimate of fair valueToday we will run through one way of estimating the intrinsic value of Constellation Brands, Inc. (NYSE:STZ) by estimating the company's future cash flows and discounting them to their present value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Don't get put off by the jargon, the math behind it is actually quite straightforward.We generally believe that a company's value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. Check out our latest analysis for Constellation Brands Step By Step Through The CalculationWe're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars:Story continues10-year free cash flow (FCF) estimate2024202520262027202820292030203120322033 Levered FCF ($, Millions) US$1.47bUS$1.78bUS$2.12bUS$2.60bUS$2.87bUS$3.44bUS$3.84bUS$4.17bUS$4.45bUS$4.69bGrowth Rate Estimate SourceAnalyst x6Analyst x6Analyst x4Analyst x2Analyst x2Analyst x1Est @ 11.47%Est @ 8.71%Est @ 6.79%Est @ 5.44% Present Value ($, Millions) Discounted @ 6.0% US$1.4kUS$1.6kUS$1.8kUS$2.1kUS$2.1kUS$2.4kUS$2.6kUS$2.6kUS$2.6kUS$2.6k("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$22bThe second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.3%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.0%.Terminal Value (TV)= FCF2033 × (1 + g) ÷ (r – g) = US$4.7b× (1 + 2.3%) ÷ (6.0%– 2.3%) = US$129bPresent Value of Terminal Value (PVTV)= TV / (1 + r)10= US$129b÷ ( 1 + 6.0%)10= US$72bThe total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$94b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Relative to the current share price of US$258, the company appears quite good value at a 50% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind.dcfImportant AssumptionsThe calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Constellation Brands as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.0%, which is based on a levered beta of 0.808. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.SWOT Analysis for Constellation BrandsStrengthEarnings growth over the past year exceeded the industry.Debt is well covered by earnings and cashflows.Dividends are covered by earnings and cash flows.WeaknessDividend is low compared to the top 25% of dividend payers in the Beverage market.OpportunityAnnual earnings are forecast to grow faster than the American market.Trading below our estimate of fair value by more than 20%.ThreatAnnual revenue is forecast to grow slower than the American market.Moving On:Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. It's not possible to obtain a foolproof valuation with a DCF model. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. Can we work out why the company is trading at a discount to intrinsic value? For Constellation Brands, we've compiled three fundamental items you should explore:Risks: Case in point, we've spotted 1 warning sign for Constellation Brands you should be aware of.Future Earnings: How does STZ's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered!PS. Simply Wall St updates its DCF calculation for every American stock every day, so if you want to find the intrinsic value of any other stock just search here.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Simply Wall St.

An Intrinsic Calculation For Constellation Brands, Inc. (NYSE:STZ) Suggests It's 50% Undervalued

https://finance.yahoo.com/news/intrinsic-calculation-constellation-brands-inc-145419049.html

25a3b634-b0fc-3b51-b541-27752ded8862

STZ

Constellation Brands, Inc.Industry Veteran Brings Nearly 30 Years of Commercial and Operational Experience to Help Fuel Next Wave of Growth for Company’s Wine & Spirits BusinessVICTOR, N.Y., March 11, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced that Sam Glaetzer has been appointed as the company’s new Executive Vice President and President, Wine & Spirits Division, effective March 11, 2024. Glaetzer succeeds Robert Hanson, who previously held the role. In addition to Glaetzer’s new responsibilities leading the company’s Wine & Spirits Division, he will also serve as a member of Constellation’s executive management committee.“Sam is a well-rounded senior leader with a wealth of experience in wine and spirits and a successful track record of driving commercial and operational efficiency and effectiveness,” said Bill Newlands, President and Chief Executive Officer at Constellation Brands. “Now that our strategic wine and spirits brand portfolio transformation is largely complete, and as we turn our focus more squarely towards strong commercial and operational execution for this business, Sam is uniquely equipped to lead our Wine & Spirits Division at this pivotal time as we look to deliver growth and improved profitability.”Glaetzer brings nearly 30 years of wine and spirits industry experience to this role. He joined Constellation Brands in 2014 as managing director of the company’s New Zealand and Australian operations. Over the better part of the past decade, Glaetzer has served in a number of leadership capacities in areas such as general management, international commercial sales, supply chain operations, product quality, new product development, acquisition integrations, and divestitures. Most recently, Glaetzer served in the role of Senior Vice President, Global Operations and International Sales at Constellation.“I’m excited about the opportunity to lead our Wine & Spirits team as we look to more fully capitalize on our portfolio transformation and accelerate the overall performance of this business going forward,” said Glaetzer. “We have a solid strategy and foundation for growth in place, and one of the most talented teams in the industry. I look forward to working with my colleagues across our Wine & Spirits Division, as well as our wholesaler and retailer partners, to realize our full potential in the years ahead.”ABOUT CONSTELLATION BRANDSConstellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It’s worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.Story continuesEvery day, people reach for our high-end, iconic imported beer brands such as those in the Corona brand family like the flagship Corona Extra, Modelo Especial and the flavorful lineup of Modelo Cheladas, Pacifico, and Victoria; our fine wine and craft spirits brands including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey; and our premium wine brands such as Kim Crawford and Meiomi.As an agriculture-based company, we have a long history of operating sustainably and responsibly. Our ESG strategy is embedded into our business and our work focuses on serving as good stewards of the environment, enhancing social equity within our industry and communities, and promoting responsible beverage alcohol consumption. These commitments ground our aspirations beyond driving the bottom line as we work to create a future that is truly Worth Reaching For.To learn more, visit www.cbrands.com and follow us on X, Instagram, and LinkedIn.FORWARD-LOOKING STATEMENTSThis news release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The word “expect” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These statements may relate to business strategy, future operations, prospects, plans, and objectives of management, including related to execution, growth, and profitability of Constellation’s wine and spirits business, as well as information concerning expected actions of third parties. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by, such forward-looking statements. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur.The forward-looking statements are based on management’s current expectations and should not be construed in any manner as a guarantee that such results will in fact occur. All forward-looking statements speak only as of the date of this news release and Constellation does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.In addition to risks and uncertainties associated with ordinary business operations, the forward-looking statements contained in this news release are subject to other risks and uncertainties, including the accuracy of all projections and other factors and uncertainties disclosed from time-to-time in Constellation Brands’ filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended February 28, 2023 and its Quarterly Report on Form 10-Q for the fiscal quarter ended November 30, 2023, which could cause actual future performance to differ from current expectations.MEDIA CONTACTSINVESTOR RELATIONS CONTACTSAmy Martin 585-678-7141 / [email protected] Carissa Guzski 315-525-7362 / [email protected] Shah 847-385-4940 / [email protected] Paccapaniccia 585-282-7227 / [email protected]  A downloadable PDF copy of this news release can be found here: http://ml.globenewswire.com/Resource/Download/c8c1283c-5d7b-4371-a22a-b309ca2fe913

GlobeNewswire

Constellation Brands Appoints Sam Glaetzer to Lead Company’s Wine & Spirits Division

https://finance.yahoo.com/news/constellation-brands-appoints-sam-glaetzer-205000321.html

009142e7-a814-3bb8-b9d2-cd6754cfe9f0

SWK

The Zacks Manufacturing-Tools & Related Products industry is poised to benefit from improving supply chains, resulting in easier availability of raw materials and faster deliveries. Cost-control measures and investments in product development are suitable for the industry’s growth. However, softness in demand due to the slowdown in the manufacturing sector paints a bleak picture for the industry in the near term.Nevertheless, easing supply chain disruptions are expected to aid companies like Lincoln Electric Holdings, Inc. LECO, Stanley Black & Decker, Inc. SWK, and Enerpac Tool Group Corp. EPAC.About the IndustryThe Zacks Manufacturing-Tools & Related Products industry comprises companies that develop and distribute hand and mechanics tools, hydraulic tools, engineered fastening systems and heavy-lifting technology solutions. Arc-welding products, robotic-welding packages, fume-extraction equipment, oxy-fuel cutting equipment, plasma cutters, healthcare solutions, electronic security solutions and other products are also produced by some tool-makers. The highly advanced tools are used in industrial, commercial, oil & gas, mining, automotive and other industries. The providers of electronic security solutions cater to commercial, retail, government, financial and healthcare markets. Talking about international operations, some industry players provide products and services to customers in North and South America, Japan, Europe, Canada, Asia and the Middle East.3 Trends Shaping the Future of the Manufacturing Tools IndustryWeakness in the Manufacturing Sector: Persistent weakness in the manufacturing sector has been weighing on demand in the industry. Per the Institute for Supply Management’s (“ISM”) report, in January, the Manufacturing Purchasing Manager’s Index touched 49.1%, contracting for the 15th consecutive month. A figure less than 50% indicates a contraction in manufacturing activity. However, the manufacturing sector has been showing signs of gradual improvement, with the new orders index moving into expansion territory. In January, the New Order Index touched 52.5%, registering an increase of 5.5 percentage points from December 2023. The uptick in new orders, in conjunction with the slowdown in inflation, augurs well for the industry participants.Story continuesEasing Supply Chain Disruptions: While supply-chain disruptions persist, primarily related to the availability of electronic components, the situation has improved, as evident from the ISM report’s Supplier Deliveries Index, which reflected faster deliveries for the 16th straight month in January. Easing supply chain issues should support companies’ growth in 2024. Additionally, an anticipated reduction in raw material costs should aid the bottom line of the industry participants.Investments in Product Development & Innovation: The industry participants’ constant focus on innovation, product upgrades and the development of new products to stay competitive in the market should drive growth. While this augurs well for the industry’s long-term growth, hefty investments in research and development often leave companies with highly-leveraged balance sheets.Zacks Industry Rank Indicates Bleak ProspectsThe Zacks Manufacturing-Tools & Related Products industry, housed within the broader Zacks Industrial Products sector, currently carries a Zacks Industry Rank #223. This rank places it in the bottom 11% of more than 250 Zacks industries.The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bleak prospects in the near term. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Despite the bleak near-term prospects, we will present a few stocks that you may want to retain in your portfolios. But it is worth taking a look at the industry’s shareholder returns and its current valuation first.Industry Outperforms Sector but Lags S&P 500The Zacks Manufacturing-Tools & Related Products industry has outperformed the sector but lagged the S&P 500 composite index in the past year.Over this period, the industry has appreciated 15.4% compared with the sector and the S&P 500 index’s increase of 11% and 22.9%, respectively.One-Year Price PerformanceIndustry's Current ValuationOn the basis of forward P/E (F12M), which is a commonly used multiple for valuing manufacturing tools and related product stocks, the industry is currently trading at 21.39X compared with the S&P 500’s 20.71X. It is also above the sector’s P/E (F12M) ratio of 17.51X.Over the past five years, the industry has traded as high as 25.05X, as low as 10.98X and at the median of 17.32X, as the chart below shows:Price-to-Earnings RatioPrice-to-Earnings Ratio3 Manufacturing Tool Stocks to Keep a Tab onLincoln Electric: Headquartered in Cleveland, OH, Lincoln Electric is a full-line manufacturer and reseller of welding and cutting products. The company has been witnessing improving orders, strong quoting activity and high backlogs for equipment systems and automation solutions. Product launches in the automation solutions market and investments in new technologies, like additives, are expected to bolster the Zacks Rank #3 (Hold) company's growth. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Although the Zacks Consensus Estimate for Lincoln Electric’s 2024 earnings has been revised downward by 1.6% in the past 60 days, the same has recovered 0.2% in the past seven days. The stock has surged 53% in a year.Price and Consensus: LECOStanley Black: Headquartered in New Britain, CT, Stanley Black manufactures tools (power and hand tools) and related accessories and engineered fastening systems, among other items. Pricing actions and strength in aerospace and auto markets are expected to fuel SWK’s growth. Cost-reduction efforts are expected to support this Zacks Rank #3 (Hold) company’s margin performance and drive the bottom line. Supply-chain optimization programs and inventory reduction efforts are also expected to boost margins.The Zacks Consensus Estimate for Stanley Black’s first-quarter 2024 earnings has been revised upward by 13% in the past 60 days. The stock has gained 5.5% in the past year.Price and Consensus: SWKEnerpac Tool: Based in Menomonee Falls, WI, Enerpac Tool is a manufacturer, marketer and distributor of various industrial tools, including high-pressure hydraulic tools and controlled force products. Its exposure is notable in the industrial, production automation, mining and energy markets. A solid product line, innovation capabilities, healthy demand and commercial efficiency add to this Zacks Rank #3 (Hold) company’s growth prospects.The Zacks Consensus Estimate for Enerpac Tool’s fiscal 2024 (ending August 2024) and fiscal 2025 (ending August 2025) earnings has been revised upward by 2.3% and 5.1%, respectively, in the past 60 days. The stock has gained 23.3% in the past year.Price and Consensus: EPACWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportStanley Black & Decker, Inc. (SWK) : Free Stock Analysis ReportLincoln Electric Holdings, Inc. (LECO) : Free Stock Analysis ReportEnerpac Tool Group Corp. (EPAC) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

3 Manufacturing Tools Stocks to Overcome Industry Headwinds

https://finance.yahoo.com/news/3-manufacturing-tools-stocks-overcome-151500716.html

a7663ab3-5094-3b71-8ebb-09cfeed2c745