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VZ

Verizon Sourcing LLCCompany has issued six green bonds for a total of $6 billion since 2019NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- On February 23, Verizon Communications Inc. (NYSE, Nasdaq: VZ) settled its sixth green bond offering of $1 billion, with the net proceeds expected to be allocated entirely toward renewable energy investments to accelerate the transition to greener electrical grids across the U.S. This follows Verizon’s announcement earlier this month that the company fully allocated the net proceeds of its fifth green bond to renewable energy investments. Verizon has now issued six green bonds for a total of $6 billion since 2019."Verizon closed the U.S. telecom industry's first green bond five years ago. Since then, we've become one of the leading corporate buyers of renewable energy in the U.S.," said Tony Skiadas, Verizon's executive vice president and chief financial officer. "I'm proud of the steps that we continue to take toward our environmental and social impact goals, as we remain a leader in green finance and DEI in the capital markets."In 2021, Verizon deepened its commitment to fostering diversity, equity and inclusion in economic opportunities in the capital markets by including a pledge in its Green Financing Framework to engage underwriters for its green bond transactions that share our commitment to sustainability and DEI. Consistent with these criteria, the company is proud to partner with Citigroup Inc., Morgan Stanley and three minority- and women-owned firms as lead underwriters for its sixth green bond: Loop Capital Markets, Ramirez & Co., Inc. and Siebert Williams Shank. The five firms shared equally in fees paid and responsibility for bringing this offering to the market.This capital market transaction aligns with Verizon’s long-standing commitment to drive both environmental and social progress as part of its responsible business plan, Citizen Verizon, empowering the technology leader to deliver on its mission to move the world forward by addressing pressing societal issues.Story continuesVerizon Communications Inc. (NYSE, Nasdaq: VZ) was formed in 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, and security.VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.Media contact: Eric [email protected] [email protected]

GlobeNewswire

Verizon issues its sixth $1 billion green bond

https://finance.yahoo.com/news/verizon-issues-sixth-1-billion-143000679.html

a8605ac4-9a4c-3e85-96ff-398485f292b6

VZ

Verizon Sourcing LLCNEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Verizon Business today announced Xerox Holdings Corporation (NASDAQ: XRX) is adopting Verizon’s Network as a Service (NaaS) Solutions framework to accelerate the organization’s Reinvention and operating model evolution. With the flexibility to dynamically scale network resources, Xerox can create a more efficient IT environment and redirect resources toward innovation and growth.“This collaboration with Xerox underscores our commitment to enabling our customers to thrive in the digital age,” said Massimo Peselli, CRO, Verizon Business. “Verizon’s intelligent network framework is designed to empower enterprises to embrace the future of network services, providing unparalleled flexibility and scalability. We look forward to supporting Xerox as they transform their IT infrastructure.”Verizon NaaS Solutions provide a secure network platform solution to help organizations drive operational efficiencies and adapt at speed, with a range of pre-configured and managed services on a subscription-based consumption model. To help Xerox create a more efficient IT environment guided by the principles of Zero Trust for technology reinvestment, Verizon’s next-generation global network infrastructure will underpin business operations for Xerox—delivering network services to over 300 Xerox and Xerox Business locations globally.“As part of our Reinvention, Xerox is committed to simplifying our systems to drive enterprise-wide efficiency and scalability to best serve our clients,” said Louie Pastor, Chief Transformation & Administrative Officer, Xerox. “Expanding our partnership and deploying Verizon’s NaaS as our global network infrastructure is a natural next step to staying at the forefront of innovation, while helping us drive efficiencies across all the geographies we serve.”Delivering on the Zero Trust journey using Advanced SASE, Verizon Business will provide Xerox with internet connectivity and a full suite of managed services via NaaS Solutions, including Wide Area Network, Local Area Network and Wireless Local Area Network. Additional services include; Verizon Operational and Financial Governance, Contact Center Management, Network and Security Consulting Services and Verizon Maintenance across the Network utilizing Verizon Care.Story continuesAdopting a subscription-based model eliminates the need for substantial upfront investments in traditional networking infrastructure, providing flexibility for strategic resource allocation. With Verizon leading the company’s network transformation, Xerox will continue to prioritize delivering exceptional services to clients to address the productivity challenges of today’s hybrid workplace and distributed workforce.Providing service in over 180 countries around the globe, Verizon’s global IP network includes long-haul, metro and submarine assets that carry IP, data, and voice traffic across more than 1 million route miles, enabling over 500,000+ network, hosting and security devices managed worldwide. Today’s announcement builds on the company’s network-as-a-service foundation and supports its private networks, mobile edge compute and business solutions vectors of growth.Visit our site to learn more about how Verizon NaaS Solutions can help enterprises optimize resources, enhance performance and innovate for future growth.Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control..VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.Media contact:Erin [email protected]

GlobeNewswire

Xerox to deploy Verizon Network as a Service Solutions framework for IT modernization

https://finance.yahoo.com/news/xerox-deploy-verizon-network-solutions-090000660.html

94bd8376-c347-32a8-9441-914f2844ab51

VZ

Verizon Communications (VZ) closed the latest trading day at $40.13, indicating a +1.57% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.11%. Elsewhere, the Dow gained 0.12%, while the tech-heavy Nasdaq lost 0.41%.Heading into today, shares of the largest U.S. cellphone carrier had lost 0.53% over the past month, lagging the Computer and Technology sector's gain of 1.42% and the S&P 500's gain of 2.7% in that time.The investment community will be paying close attention to the earnings performance of Verizon Communications in its upcoming release. The company is slated to reveal its earnings on April 22, 2024. In that report, analysts expect Verizon Communications to post earnings of $1.12 per share. This would mark a year-over-year decline of 6.67%. In the meantime, our current consensus estimate forecasts the revenue to be $33.44 billion, indicating a 1.61% 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 $4.59 per share and revenue of $135.65 billion. These totals would mark changes of -2.55% and +1.25%, respectively, from last year.It's also important for investors to be aware of any recent modifications to analyst estimates for Verizon Communications. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. 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 varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Verizon Communications presently features a Zacks Rank of #3 (Hold).Story continuesLooking at its valuation, Verizon Communications is holding a Forward P/E ratio of 8.61. This indicates a discount in contrast to its industry's Forward P/E of 20.76.Investors should also note that VZ has a PEG ratio of 3.01 right now. 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. As the market closed yesterday, the Wireless National industry was having an average PEG ratio of 2.55.The Wireless National industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 162, positioning it in the bottom 36% of all 250+ industries.The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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 follow all of these stock-moving metrics, and many 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 reportVerizon Communications Inc. (VZ) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Verizon Communications (VZ) Ascends While Market Falls: Some Facts to Note

https://finance.yahoo.com/news/verizon-communications-vz-ascends-while-214519533.html

062bc456-7a7e-3370-8b95-62d016d84287

VZ

Strong cash flows reflect financial stability, allowing companies to pay down debt, pursue growth opportunities, and shell out dividend payments. These companies are also better equipped to weather an economic downturn, providing another beneficial advantage for investors from a long-term standpoint.And for those interested in investing in strong cash flows, three companies – Verizon Communications VZ, Microsoft MSFT, and Visa V – are all cash-generating machines. Let’s take a closer look at each.MicrosoftA member of the ‘Magnificent 7’, Microsoft shares have helped lead the market over the past year, up 60% and outperforming in a big way. Analysts have taken a bullish stance on the company’s outlook, landing it into a favorable Zacks Rank #2 (Buy).Zacks Investment ResearchImage Source: Zacks Investment ResearchThe company generated nearly $67.5 billion in free cash flow over its latest trailing twelve-month period, owing to its operational efficiency. Investors also stand to enjoy a passive income stream from MSFT shares, currently yielding 0.7% annually.Zacks Investment ResearchImage Source: Zacks Investment ResearchThe company’s growth profile remains constructive, with consensus expectations for its current year suggesting 19% earnings growth on 15% higher sales. Peeking ahead to FY25, earnings and revenue are currently forecasted to climb 13% and 14%, respectively.Verizon CommunicationsVerizon shares have modestly outperformed relative to the general market year-to-date, adding roughly 8% in value vs. the S&P 500’s 7% gain. The communications giant has generated $18.7 billion in free cash flow over its latest trailing twelve-month period.Zacks Investment ResearchImage Source: Zacks Investment ResearchSimilar to MSFT, investors stand to reap a passive income from VZ shares, currently yielding a sizable 6.7% annually. Dividend growth is also apparent, with the company carrying a modest 2% five-year annualized dividend growth rate.Zacks Investment ResearchImage Source: Zacks Investment ResearchVisaLike the companies above, financial services heavyweight Visa is a serious cash generator, posting $19.1 billion in free cash flow over its latest trailing twelve-month period.Story continuesZacks Investment ResearchImage Source: Zacks Investment ResearchAnalysts have taken a positive stance on its current year outlook, with the $9.90 Zacks Consensus EPS estimate up 3.4% over the last year and suggesting year-over-year growth of 13%. Shares have modestly outperformed relative to the S&P 500 year-to-date, gaining 8%.Zacks Investment ResearchImage Source: Zacks Investment ResearchShares trade at an elevated multiple but are somewhat cheap on a historical basis, with the current 26.9X forward 12-month earnings multiple beneath the 28.2X five-year median and highs of 40.6X over the same time period.Bottom LineCompanies boasting strong cash-generating abilities can be great investments, as they have plenty of cash to fuel growth, pay out dividends, and easily wipe out debt. And as mentioned above, these companies are better equipped to handle an economic downturn, undeniably a positive.For those seeking cash-generators, all three above – Verizon Communications VZ, Microsoft MSFT, and Visa V – fit the criteria nicely.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 reportMicrosoft Corporation (MSFT) : Free Stock Analysis ReportVisa Inc. (V) : Free Stock Analysis ReportVerizon Communications Inc. (VZ) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

3 Stocks to Buy for Strong Cash-Generating Abilities

https://finance.yahoo.com/news/3-stocks-buy-strong-cash-225400482.html

2081ecf6-592a-3dbf-8630-e05e86ae35a4

WAB

On February 22, 2024, Nicole Theophilus, EVP & Chief H.R. Officer of Westinghouse Air Brake Technologies Corp (NYSE:WAB), sold 3,000 shares of the company. The transaction was filed with the SEC and can be found through the following SEC Filing.Warning! GuruFocus has detected 7 Warning Sign with WAB.Westinghouse Air Brake Technologies Corp, operating under the brand Wabtec Corporation, is a global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail sectors. Wabtec manufactures products for locomotives, freight cars, passenger transit vehicles, and power generation equipment, with a focus on safety, efficiency, reliability, and technology.According to the data, the insider has engaged in the sale of 3,000 shares over the past year and has not made any purchases of the company's stock during the same period.The insider transaction history for Westinghouse Air Brake Technologies Corp indicates a pattern of 14 insider sells and no insider buys over the past year.Insider Sell: EVP & Chief H.R. Officer Nicole Theophilus Sells 3,000 Shares of Westinghouse Air Brake Technologies Corp (WAB)On the date of the insider's recent sale, shares of Westinghouse Air Brake Technologies Corp were trading at $137.26, resulting in a market cap of $24.46 billion.The price-earnings ratio of the company stands at 30.57, which is above both the industry median of 14.15 and the historical median price-earnings ratio for the company.With the current share price of $137.26 and a GuruFocus Value of $118.61, the price-to-GF-Value ratio is 1.16, suggesting that Westinghouse Air Brake Technologies Corp is modestly overvalued according to the GF Value metric.Insider Sell: EVP & Chief H.R. Officer Nicole Theophilus Sells 3,000 Shares of Westinghouse Air Brake Technologies Corp (WAB)The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by 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

Insider Sell: EVP & Chief H.R. Officer Nicole Theophilus Sells 3,000 Shares of Westinghouse ...

https://finance.yahoo.com/news/insider-sell-evp-chief-h-180037569.html

777060dc-8a2f-30df-96bf-f3ffd1c25bd4

WAB

PITTSBURGH, February 26, 2024--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) ("Wabtec") today announced that it has priced a public offering of $500 million aggregate principal amount of 5.611% Senior Notes due 2034 (the "Notes"). The Notes will be guaranteed by each of Wabtec’s current and future subsidiaries that guarantee its indebtedness under its credit agreements or any other debt of Wabtec or any other guarantor.The Notes will pay interest semi-annually in arrears. The Notes will mature on March 11, 2034, unless earlier redeemed or repurchased. Wabtec intends to use the net proceeds from the offering, together with cash on hand and/or borrowings under a new credit agreement expected to be entered into by Wabtec concurrently with the closing of the sale of the Notes (the "2024 Credit Agreement"), to repay all of its outstanding 4.15% Senior Notes due 2024 at maturity (the "2024 Notes"), which is scheduled to occur on March 15, 2024.The sale of the Notes is expected, subject to customary closing conditions, to close on March 11, 2024. The sale of the Notes is not conditioned upon the entry into or funding of the 2024 Credit Agreement.Citigroup Global Markets Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC and TD Securities (USA) LLC are acting as joint book-running managers for the offering.This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the Notes, nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.The offering is being made under an automatic shelf registration statement on Form S-3 (333-275386) filed with the Securities and Exchange Commission ("SEC") on November 8, 2023. The offering may be made only by means of a prospectus and related prospectus supplement. Before you invest, you should read the registration statement, including the prospectus, and prospectus supplement, and other documents Wabtec has filed with the SEC for more complete information about Wabtec and this offering. You may get these documents for free by visiting EDGAR on the SEC's website at http://www.sec.gov. Alternatively, to obtain a copy of the prospectus and the prospectus supplement for this offering, please contact Citigroup Global Markets Inc. toll-free at 800-831-9146, J.P. Morgan Securities LLC collect at 212-834-4533, PNC Capital Markets LLC toll-free at 855-881-0697 or TD Securities (USA) LLC toll-free at 855-495-9846.Story continuesAbout WabtecWabtec Corporation (NYSE: WAB) is revolutionizing the way the world moves for future generations. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and has a vision to achieve a zero-emission rail system in the U.S. and worldwide.CAUTION CONCERNING FORWARD-LOOKING STATEMENTSThis press release contains "forward-looking" statements as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. All statements, other than historical facts, including statements regarding Wabtec’s offering of the Notes, the use of proceeds therefrom, Wabtec’s planned repayment of the 2024 Notes, Wabtec’s planned entry into the 2024 Credit Agreement, and any assumptions underlying any of the foregoing, are forward-looking statements. Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words "may," "will," "should," "potential," "intend," "expect," "endeavor," "seek," "anticipate," "estimate," "overestimate," "underestimate," "believe," "could," "project," "predict," "continue," "target" or other similar words or expressions. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Further information on the risk factors that may affect Wabtec’s business and financial performance is as detailed from time to time in Wabtec’s reports filed with the SEC, including Wabtec’s annual report on Form 10-K, periodic quarterly reports on Form 10-Q, current reports on Form 8-K and other documents filed with the SEC. The foregoing list of important factors is not exclusive. Wabtec may not close the sale of the Notes and, if the sale of the Notes closes, cannot provide any assurances regarding its final terms, may not enter into the 2024 Credit Agreement and / or may not repay all of any of the 2024 Notes. Any forward-looking statements in this press release speak only as of the date of this press release. Wabtec does not undertake any obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.View source version on businesswire.com: https://www.businesswire.com/news/home/20240226093192/en/ContactsWabtec Investor Contact Kristine Kubacki, [email protected] Media Contact Tim [email protected]

Business Wire

Wabtec Announces Pricing of Senior Notes Offering

https://finance.yahoo.com/news/wabtec-announces-pricing-senior-notes-223300581.html

6977d3c2-f54e-3857-9b19-8e6eba3b4c65

WAB

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 WatchlistFor growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.Westinghouse Air Brake Technologies (WAB)Westinghouse Air Brake Technologies Corporation is a provider of locomotives, value-added, technology-based equipment, systems and services to the freight rail and passenger transit industries across the globe.WAB 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 12.2% and 5.2% year-over-year, respectively.Two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.10 to $6.64 per share for 2024. WAB boasts an average earnings surprise of 6.6%.Westinghouse Air Brake Technologies is also cash rich. The company has generated cash flow growth of 26.4%, and is expected to report cash flow expansion of 17.3% in 2024.Investors should take the time to consider WAB for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth 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 reportWestinghouse Air Brake Technologies Corporation (WAB) : 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-144504205.html

762d1581-398a-3dd4-8aa7-fae5bf9ed363

WAB

PITTSBURGH, March 11, 2024--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today the appointment of Kyra Yates as Vice President of Investor Relations effective March 18, 2023. In this role, Yates will be responsible for communicating Wabtec’s vision, strategy, financial performance, and future expectations to our shareholders and the financial community. She will succeed Kristine Kubacki, who has held the role since 2019."Kyra is a well-respected leader with a deep understanding of the company’s financials, operations and growth strategy," said John Olin, Executive Vice President and CFO of Wabtec. "Having held diverse leadership roles in our Finance organization over the years, Kyra’s in-depth experience in transportation, manufacturing, supply chain, and commercial sales will be valuable in communicating how Wabtec is bringing value to our shareholders by delivering innovative products and services to the industries we serve."Olin added, "I want to extend my thanks to Kristine for her many contributions to Wabtec, including helping to build a first-class investor relations function. Her knowledge and passion for our company have been essential in educating the financial community on Wabtec's strategy and value proposition."Yates has been with Wabtec since 2008. Throughout her tenure, she has held several leadership positions within the finance team supporting various parts of the business. Most recently, Yates served as the Vice President and Chief Financial Officer for the company’s Global Operations, where she managed the financial performance for the company’s manufacturing, sourcing, and logistics operations. Yates earned her BA in Accounting from Bellarmine University. Yates will report to John Olin, Wabtec CFO.About WabtecWabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and has a vision to achieve a zero-emission rail system in the U.S. and worldwide. Visit Wabtec’s website at: https://www.wabteccorp.com/Story continuesView source version on businesswire.com: https://www.businesswire.com/news/home/20240311700696/en/ContactsMedia Contact Tim [email protected] Investor Contact Kristine Kubacki, [email protected]

Business Wire

Wabtec Appoints Kyra Yates as Vice President of Investor Relations

https://finance.yahoo.com/news/wabtec-appoints-kyra-yates-vice-170000826.html

0d1e8476-3ece-3aac-806c-9dc9f589d85e

WAT

Waters Corporation (NYSE:WAT) led the NYSE gainers with a relatively large price hike in the past couple of weeks. The company's trading levels have reached its high for the past year, following the recent bounce in the share price. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price? Let’s examine Waters’s valuation and outlook in more detail to determine if there’s still a bargain opportunity. Check out our latest analysis for Waters What Is Waters Worth?The stock seems fairly valued at the moment according to our valuation model. It’s trading around 3.03% above our intrinsic value, which means if you buy Waters today, you’d be paying a relatively reasonable price for it. And if you believe the company’s true value is $321.51, there’s only an insignificant downside when the price falls to its real value. Furthermore, Waters’s low beta implies that the stock is less volatile than the wider market.What does the future of Waters look like?earnings-and-revenue-growthFuture outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 21% over the next couple of years, the future seems bright for Waters. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.What This Means For YouAre you a shareholder? WAT’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value?Story continuesAre you a potential investor? If you’ve been keeping an eye on WAT, now may not be the most optimal time to buy, given it is trading around its fair value. However, the positive outlook is encouraging for the company, which means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.If you want to dive deeper into Waters, you'd also look into what risks it is currently facing. Case in point: We've spotted 1 warning sign for Waters you should be aware of.If you are no longer interested in Waters, 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.

Should You Investigate Waters Corporation (NYSE:WAT) At US$331?

https://finance.yahoo.com/news/investigate-waters-corporation-nyse-wat-135202321.html

12a86b44-0a37-3ecf-89f4-68da761a865b

WAT

News Summary:Waters now enables seamless connectivity between its liquid chromatography (LC) systems and multi-angle light-scattering instruments (MALS) for improved ease-of-use, efficiency, and data confidence in characterizing large molecules.HPLC CONNECT™ software accelerates precise characterization of complex molecules for the development of biologic drugs, including antibody drug conjugates, other complex protein conjugates, and gene therapies.Unified interface enables single point of control and data collection, eliminating manual processes to help reduce human error and deliver high certainty in the data generated during acquisition and post-acquisition for analysis.SAN DIEGO, Feb. 26, 2024 /PRNewswire/ -- Pittcon 2024 – Waters Corporation (NYSE:WAT) announced HPLC CONNECT software, an all-in-one software platform that enables full digital synchronization between Waters high- and ultra-performance liquid chromatography (HPLC/UPLC) systems and multi-angle light-scattering instruments (MALS) from its Wyatt Technology™ portfolio. The software delivers ease-of-use, greater efficiency, and higher confidence for scientists performing size exclusion chromatography and MALS (SEC-MALS) analyses for complex and critical biopharmaceutical innovations, including antibody drug conjugates, other complex protein conjugates, and gene therapies."Drug development scientists today are working with novel modalities that require advanced and comprehensive measurements for the development of new and potentially life-saving biologic drugs," said Fraser McLeod, Vice President, General Manager, QA/QC and Wyatt Technology, Waters Corporation. "The team delivered this product integration ahead of schedule to greatly simplify the characterization of complex molecules – a critical step in developing biologics. Waters HPLC CONNECT software removes a significant amount of labor, reduces risk of human error, and delivers unmatched confidence in the data generated during analysis."Story continuesHPLC CONNECT software supports select Waters™ LC systems including the ACQUITY™ Premier, Arc Premier, and Arc Systems. The software enables users to control and monitor HPLC modules including pumps, column ovens, UV detectors, and autosamplers from a single dashboard view.Waters offers a full line of SEC columns optimized for separation of biomolecules by size, ideal for monoclonal antibodies, proteins, peptides, and other biologics.Waters HPLC CONNECT software is now available globally.Additional ResourcesLearn more about Waters HPLC CONNECT softwareLearn about the full line of Waters SEC ColumnsFollow and connect with Waters via LinkedIn, Twitter, and FacebookAbout Waters Corporation (www.waters.com)Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, food, and environmental sciences for more than 65 years. With approximately 8,000 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, and with products available in more than 100 countries.Waters, HPLC CONNECT, Wyatt Technology, and ACQUITY are trademarks of Waters Technologies Corporation.Contact:Janice FoleySenior Public Relations ManagerWaters [email protected]+1.617.823.5555Waters Corporation CisionView original content:https://www.prnewswire.com/apac/news-releases/waters-announces-seamless-hplcuplc-data-bridge-for-light-scattering-integrating-essential-instruments-for-large-molecule-characterization-302070571.htmlSOURCE Waters Corporation

PR Newswire

Waters Announces Seamless HPLC/UPLC Data Bridge for Light Scattering, Integrating Essential Instruments for Large Molecule Characterization

https://finance.yahoo.com/news/waters-announces-seamless-hplc-uplc-130000871.html

dfb83b72-8bca-3ea1-82bd-9366db60170d

WAT

Comprehensive SWOT analysis based on Waters Corp's latest SEC 10-K filing.Expert review of financial performance, market trends, and strategic initiatives.Identification of key strengths, weaknesses, opportunities, and threats facing Waters Corp.Forward-looking perspective on Waters Corp's potential in a competitive landscape.Warning! GuruFocus has detected 7 Warning Signs with WAT.On February 27, 2024, Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software, filed its annual 10-K report with the SEC. This SWOT analysis delves into the financials and strategic positioning of Waters Corp, as disclosed in the filing. The company, renowned for its high-performance liquid chromatography, mass spectrometry, and thermal analysis tools, serves a diverse clientele, including pharmaceutical, industrial, and academic sectors. In 2023, Waters Corp invested $175 million in research and development, underscoring its commitment to innovation. Despite a competitive landscape, the company's strategic focus on organic growth and talent development positions it well for future success. This analysis aims to provide investors with a comprehensive understanding of Waters Corp's strengths, weaknesses, opportunities, and threats as it navigates the dynamic market environment.Decoding Waters Corp (WAT): A Strategic SWOT InsightStrengthsMarket Leadership and Innovation: Waters Corp's long-standing reputation as a pioneer in analytical instruments is a testament to its market leadership. The company's significant investment in research and development, amounting to $175 million in 2023, has fueled continuous innovation. With a robust product pipeline and a new research laboratory in Cambridge, MA, Waters Corp is well-positioned to maintain its technological edge. Its commitment to innovation is further evidenced by its global workforce, with approximately 1,200 employees dedicated to research and development efforts.Strong Customer Base: Waters Corp's financial stability is anchored by a diverse and loyal customer base. In 2022, the company generated 59% of its sales from pharmaceutical customers, reflecting its strong foothold in the industry. The acquisition of Wyatt Technology has expanded Waters Corp's portfolio, particularly in large molecule applications, which is expected to further solidify its market position. The company's ability to retain and grow its customer base, especially in the pharmaceutical sector, is a key strength that supports its revenue streams.Story continuesWeaknessesGeopolitical and Economic Sensitivity: With approximately 69% of its net sales generated outside the United States in 2023, Waters Corp is susceptible to geopolitical and economic disruptions. The company's significant exposure to international markets, including China, where sales declined by 22% in 2023, highlights the risks associated with global operations. Fluctuations in foreign currency exchange rates and the impact of trade policies can adversely affect Waters Corp's financial performance.Workforce Reduction: In July 2023, Waters Corp underwent organizational changes that resulted in a workforce reduction of approximately 5%. While intended to align resources with growth and innovation strategies, such reductions can temporarily disrupt operations and potentially affect employee morale. The challenge for Waters Corp is to manage these changes effectively to minimize any negative impact on productivity and corporate culture.OpportunitiesExpansion into Emerging Markets: Waters Corp's strategic acquisitions, such as Wyatt Technology, provide opportunities to tap into new markets and applications. The company's focus on large molecule applications is timely, given the growing importance of biologics in the pharmaceutical industry. By leveraging its expanded product portfolio, Waters Corp can capture a larger share of the emerging markets and drive revenue growth.Advancements in Health and Safety: The company's commitment to health and safety, particularly in light of the COVID-19 pandemic, positions it as a responsible and forward-thinking organization. Waters Corp's emphasis on creating a safe workplace and its role in manufacturing products essential to critical infrastructure can enhance its brand reputation and open doors to new business opportunities.ThreatsIntense Competition: The analytical instrument market is highly competitive, with several global suppliers vying for market share. Waters Corp faces competition from companies like Agilent Technologies, Shimadzu Corporation, and Thermo Fisher Scientific Inc., which continuously introduce new products. The company must innovate and differentiate its offerings to maintain its competitive position.Regulatory and Environmental Challenges: Waters Corp operates in a heavily regulated industry, where changes in governmental regulations can impact its business. Additionally, the growing global debate on climate change and environmental sustainability presents challenges. The company must navigate these regulatory landscapes and adapt its operations to meet evolving standards, which could incur additional costs and affect its profitability.In conclusion, Waters Corp (NYSE:WAT) exhibits a robust set of strengths, including market leadership and a strong customer base, which are foundational to its success. However, it must navigate weaknesses such as sensitivity to geopolitical and economic factors and manage workforce changes effectively. The company's opportunities lie in expanding into emerging markets and capitalizing on advancements in health and safety. Nevertheless, threats from intense competition and regulatory challenges must be addressed strategically. Overall, Waters Corp's forward-looking strategies and commitment to innovation position it well to leverage its strengths and opportunities while mitigating its weaknesses and threats in the dynamic market landscape.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 Waters Corp (WAT): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-waters-corp-wat-strategic-050414875.html

29ef77a4-6758-3b74-bc7e-d8edb18b088e

WBA

If you’ve ever wanted an example of how creaky and cumbersome the ancient Dow Jones Industrial Average (^DJI) has become compared with modern market metrics, take a look at this week’s Dow triple play involving Walmart (WMT), Walgreens (WBA), and Amazon (AMZN).On Monday, the Dow replaced Walgreens with Amazon in reaction to Walmart splitting its stock 3-for-1.That split, for reasons we’ll get to in a bit, reduced Walmart’s weight in the average — yes, the Dow is an average, not an index — by two-thirds.Adding Amazon to the Dow, the folks at S&P Dow Jones Indices say, was done to keep retail companies’ weight in the average from falling sharply because of Walmart’s stock split.Because the Dow has only 30 stocks, adding Amazon meant one of the other components had to go. So Walgreens Boots Alliance, which had the lowest weight in the Dow, got the boot and lost its alliance.Walgreens being booted from the Dow isn’t exactly a surprise because its share price has fallen around 60% since being added to the average in June 2018, while the Dow has risen about 60%.Had Walgreens kept pace with the other 29 components, the Dow would be about 400 points higher than it is. With the Dow near 40,000, it’s easy to see what little impact even an at-pace Walgreens would have made.Amazon, by contrast, has been a hot stock, one of the so-called "Magnificent Seven" that accounted for the bulk of the stock market’s gains last year.Walgreens’ Dow tenure lasted less than six years — an extraordinarily short time for a market metric that doesn’t change its component stocks very often.But its exit, S&P Dow Jones Indices senior analyst Howard Silverblatt insisted to me, isn’t because Walgreens has slumped and Amazon has soared.“We think it’s a better fit,” Silverblatt said. “We’re not saying it’s a better investment.”Or, as Silverblatt put it on Yahoo Finance Live, Amazon will help the Dow stay “relevant.”Now, a key question: will being added to the Dow be good for Amazon’s stock price?Story continuesMy answer, which may surprise you, is no. Based on conversations I’ve had with market mavens over the years, I don’t think that being added to the Dow will make the slightest difference for Amazon shareholders. Just as Walgreens being kicked out won’t make any difference to Walgreens shareholders.How can I say that when the Dow is such a popular market metric?It’s because although the Dow has great mindshare, it has almost no financial market share compared with the hugely influential S&P 500 Index (^GSPC).Let me explain.The Dow is calculated based on the share prices of its 30 components. That’s why today’s three-for-one split, which reduced Walmart’s share price by two-thirds, reduced its weight in the Dow by two-thirds.New York Stock Exchange Chairman Richard Grasso (L) and New York City Mayor Rudy Giuliani (R) wear "Dow 10,000" hats on March 29, 1999. (HENNY RAY ABRAMS/AFP via Getty Images) (HENNY RAY ABRAMS via Getty Images)The S&P, on the other hand, measures companies by their total stock market value, not their nominal share price. That’s a much better way to reflect value than using share prices, which — as Walmart’s split shows — can fall substantially overnight even though nothing about the company has changed.So the Dow needs to go through contortions to offset the impact of Walmart’s stock split while the S&P 500 does nothing. Walmart’s market capitalization is still around $472 billion, and that’s what counts.The reason the Dow and the S&P are calculated so differently is age. The Dow was founded in 1896, when computers didn’t exist, and communication was glacial. Share prices were a quick and simple way to measure. The S&P 500, founded 61 years later, is a product of and for modern markets.Read more: How to start investing in 2024: A step-by-step guideThis difference in calculation methodology is why a whopping $5.75 trillion of investor money is indexed to the S&P, according to Howard Silverblatt, but only $87 billion — a minuscule 1.5% as much — is indexed to the Dow.Being added to the S&P has a big impact on a company’s share price because so much index money flows into it. And being dropped from the S&P hurts because all that index money flows out.However, so little money (relatively speaking) is indexed to the Dow that being added to it or dropped out of it has no impact, hence why being added to the Dow won’t make any difference to Amazon’s share price.One more impact of the Walgreens-Walmart-Amazon triple play: Through Friday, each dollar change in any Dow component moved the average by about 6.59 points. Monday’s number is different.That’s because at Monday’s opening, the total share price of the 30 Dow components is different from the number at Friday’s close.So the Dowfolk had to tweak something called the Dow Divisor, which as of Friday was a wonderfully precise 0.15172752595384 and is equally precise today. Divide one by the divisor, and you see how much each dollar change in any Dow component moves the Dow.The history of how the Dow Divisor came to be and how to tweak it to create your very own Dow is a lot of fun for those of us who like numbers.But that’s a subject for another day.Allan Sloan is an award-winning financial journalist and contributor to Yahoo Finance.Click here for in-depth analysis of the latest stock market news and events moving stock prices.Read the latest financial and business news from Yahoo Finance

Yahoo Finance

The Dow's Amazon-Walmart-Walgreens shakeup is a reminder why it's no longer the benchmark

https://finance.yahoo.com/news/the-dows-amazon-walmart-walgreens-shakeup-is-a-reminder-why-its-no-longer-the-benchmark-133053480.html

fdfebd5b-aef8-4e4e-84f6-4a2f8432634a

WBA

Lanesha Minnix named global chief legal officer, Walgreens Boots Alliance (Photo: Business Wire)Appointment completes CEO Tim Wentworth’s Executive CommitteeDEERFIELD, Ill., February 26, 2024--(BUSINESS WIRE)--Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today named Lanesha Minnix the company’s executive vice president (EVP) and global chief legal officer. Minnix, most recently EVP, general counsel and corporate secretary for Ecolab, Inc., will assume her new role with WBA on April 15.Minnix, who will report to WBA CEO Tim Wentworth and serve on his Executive Committee, will oversee the company’s global legal, compliance, corporate governance and corporate security functions."Lanesha is a widely respected leader and legal expert, and we are thrilled to welcome her to WBA in this important role," said Wentworth. "The healthcare and retail landscapes continue to evolve, and her legal guidance and expertise will be invaluable as we continue to expand our reach beyond neighborhood pharmacies into other fast-growing areas of healthcare.""I am excited and inspired by the unique opportunity to join WBA, and its trusted and iconic brands that meet the pharmacy and healthcare needs of thousands of communities every day," Minnix said. "I look forward to working with Tim and the Executive Committee, as well as other leaders across the global legal function and the organization more broadly, to advance WBA’s business objectives, deliver sustainable value for stakeholders and position the company for long-term success."Prior to joining Ecolab, Minnix served as senior vice president and chief legal officer for Flowserve, leading the company’s legal, compliance and regulatory teams. Previously, she served as senior vice president and general counsel for BMC Stock Holdings. Earlier in her career, Minnix held roles with increasing responsibility at ABM Industries, Shell Oil Company and Sprint. She began her career as a corporate associate at the law firm of K&L Gates. Read her full bio here.Story continuesMinnix is a member of the Executive Leadership Council (ELC) and holds a juris doctor and an MBA from the University of Tulsa, as well as a bachelor's degree in marketing from St. Louis University.Her appointment follows several key leadership announcements for WBA and completes Wentworth’s Executive Committee. Earlier this month, the company announced the appointment of Manmohan Mahajan as EVP and global chief financial officer, Elizabeth Burger as EVP and chief human resources officer and Mary Langowski as EVP and president, U.S. Healthcare.About Walgreens Boots AllianceWalgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, with a 170-year heritage of caring for communities. A trusted, global innovator in retail pharmacy with approximately 12,500 locations across the U.S., Europe and Latin America, WBA plays a critical role in the healthcare ecosystem. The Company is reimagining local healthcare and well-being for all as part of its purpose – to create more joyful lives through better health. Through dispensing medicines, improving access to a wide range of health services, providing high quality health and beauty products and offering anytime, anywhere convenience across its digital platforms, WBA is shaping the future of healthcare.WBA employs more than 330,000 people and has a presence in eight countries through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company and Benavides in Mexico. Additionally, WBA has a portfolio of healthcare-focused investments located in several countries, including China and the U.S.The Company is proud of its contributions to healthy communities, a healthy planet, an inclusive workplace and a sustainable marketplace. WBA has been recognized for its commitment to operating sustainably: the Company is an index component of the Dow Jones Sustainability Indices (DJSI) and was named to the 100 Best Corporate Citizens 2022.More Company information is available at www.walgreensbootsalliance.com.(WBA-GEN)View source version on businesswire.com: https://www.businesswire.com/news/home/20240226589815/en/ContactsWBA Media Relations USA / Jim Cohn +1 224 813 9057International +44 (0)20 7980 8585WBA Investor Relations Tiffany Kanaga +1 847 315 2922

Business Wire

Walgreens Boots Alliance Names Lanesha Minnix Executive Vice President and Global Chief Legal Officer

https://finance.yahoo.com/news/walgreens-boots-alliance-names-lanesha-210500819.html

25e79f7c-0036-39f4-bb55-2cd70bcf2b47

WBA

(Adds settlement details, comments from New York attorney general, background)By Jonathan StempelNEW YORK, March 11 (Reuters) - Walgreens has settled charges by New York Attorney General Letitia James that it grossly inflated prices on at least 20 infant formula products after a recall by Abbott Labs led to a nationwide shortage in early 2022.The largest U.S. pharmacy chain did not admit or deny wrongdoing in entering an assurance of discontinuance with James' office, including a $50,000 payment covering civil penalties and costs, that was made public on Monday.James said Walgreens raised prices on the 20 products, including Abbott's Similac and Reckitt Benckiser's Enfamil, by 10% or more following the February 2022 recall, and in at least one case boosted formula prices by more than 70%.Walgreens allegedly sold more than 3,400 cans or bottles or formula at the "unconscionably" inflated prices.Without admitting or denying wrongdoing, Walgreens agreed not to charge excessive prices on consumer goods and services vital and necessary to people's health and safety.The Deerfield, Illinois-based company also agreed to donate 9,564 canisters of formula to benefit low-income New Yorkers with infant children.Walgreens declined to comment."During the formula shortage, families were panicked and struggling about how to feed their babies," James said in a statement. "For Walgreens to take advantage of this crisis and jack up formula prices is not only illegal, but downright shameful."My office will not tolerate any company that attempts to price gouge our state's consumers," she added.The settlement was effective as of March 7, and signed by a Walgreens representative on Monday.Abbott recalled its infant formula and closed its Sturgis, Michigan plant following reports that infants became sick after being fed formula that was produced there. The company reopened the plant that July. (Reporting by Jonathan Stempel in New York; Editing by Chris Reese and Stephen Coates)

Reuters

UPDATE 1-Walgreens settles New York charges it grossly inflated prices of infant formula

https://finance.yahoo.com/news/1-walgreens-settles-york-charges-230352389.html

d97c9e8c-df16-3a04-b060-ecdc37fd5cd1

WBA

By Jonathan StempelNEW YORK (Reuters) -Walgreens has settled charges by New York Attorney General Letitia James that it grossly inflated prices on at least 20 infant formula products after a recall by Abbott Labs led to a nationwide shortage in early 2022.The largest U.S. pharmacy chain did not admit or deny wrongdoing in entering an assurance of discontinuance with James' office, including a $50,000 payment covering civil penalties and costs, that was made public on Monday.James said Walgreens raised prices on the 20 products, including Abbott's Similac and Reckitt Benckiser's Enfamil, by 10% or more following the February 2022 recall, and in at least one case boosted formula prices by more than 70%.Walgreens allegedly sold more than 3,400 cans or bottles or formula at the "unconscionably" inflated prices.Without admitting or denying wrongdoing, Walgreens agreed not to charge excessive prices on consumer goods and services vital and necessary to people's health and safety.The Deerfield, Illinois-based company also agreed to donate 9,564 canisters of formula to benefit low-income New Yorkers with infant children.Walgreens declined to comment."During the formula shortage, families were panicked and struggling about how to feed their babies," James said in a statement. "For Walgreens to take advantage of this crisis and jack up formula prices is not only illegal, but downright shameful."My office will not tolerate any company that attempts to price gouge our state's consumers," she added.The settlement was effective as of March 7, and signed by a Walgreens representative on Monday.Abbott recalled its infant formula and closed its Sturgis, Michigan plant following reports that infants became sick after being fed formula that was produced there. The company reopened the plant that July.(Reporting by Jonathan Stempel in New York; Editing by Chris Reese and Stephen Coates)

Reuters

Walgreens settles New York charges it grossly inflated prices of infant formula

https://finance.yahoo.com/news/walgreens-settles-york-charges-inflated-215145522.html

65f3881e-c3c8-344c-a6bc-935595d5c294

WBD

A Matthew McConaughey-narrated show about Texas wildlife is set to join the streaming service Fox Nation this spring.Continue reading

The Wall Street Journal

Fox News’s Streaming Playbook: Hollywood Stars and Conservative Documentaries

https://finance.yahoo.com/m/af0ed7d8-e30d-3ae4-8fb4-cf9cab3e6098/fox-news%E2%80%99s-streaming.html

af0ed7d8-e30d-3ae4-8fb4-cf9cab3e6098

WBD

NEW YORK, Feb. 26, 2024 /PRNewswire/ -- Warner Bros. Discovery (Nasdaq: WBD) today announced that its CEO and President, Global Streaming and Games JB Perrette will present at Morgan Stanley's 2024 Technology, Media & Telecom Conference on Monday, March 4, 2024 at 6:40 p.m. ET (3:40 p.m. PT).A link to the live webcast of the presentation will be available in the "Investor Relations" section of Warner Bros. Discovery's website at https://ir.wbd.com/. An on-demand replay of the webcast will be available on the Company's Investor Relations website shortly after the conclusion of the presentation.About Warner Bros. Discovery:Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world's most differentiated and complete portfolio of branded content across television, film, streaming and gaming. Available in more than 220 countries and territories and 50 languages, Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, Max, discovery+, CNN, DC, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others. For more information, please visit www.wbd.com.CisionView original content:https://www.prnewswire.com/news-releases/warner-bros-discovery-ceo-and-president-global-streaming-and-games-jb-perrette-to-present-at-the-morgan-stanley-2024-technology-media--telecom-conference-302071674.htmlSOURCE Warner Bros. Discovery

PR Newswire

WARNER BROS. DISCOVERY CEO AND PRESIDENT, GLOBAL STREAMING AND GAMES JB PERRETTE TO PRESENT AT THE MORGAN STANLEY 2024 TECHNOLOGY, MEDIA & TELECOM CONFERENCE

https://finance.yahoo.com/news/warner-bros-discovery-ceo-president-213000647.html

35e37ade-5a25-3d2d-86da-39f37c1baba3

WBD

The sports streaming joint venture from Disney's ESPN (DIS), Warner Bros. Discovery (WBD), and Fox (FOX, FOXA) is expected to lean a bit more to the pricier side. In recent comments, Fox CEO Lachlan Murdoch said the streaming bundle's pricing will be "in the higher ranges of what people have talked about."Yahoo Finance Entertainment Reporter Alexandra Canal details Wall Street's pricing expectations for the service as the media companies figure out who their core subscriber base will be.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 TranscriptAKIKO FUJITA: Your streaming bill could get a lot more expensive. A new sports streaming service from Disney's ESPN, Warner Brothers Discovery, and Fox will be priced on the higher end of estimates, according to Fox CEO Lachlan Murdoch. Just how high could this bundle be priced?Let's bring in Yahoo Finance's senior reporter Allie Canal. Allie, what kind of number are we talking about?ALEXANDRA CANAL: Well, Akiko, unfortunately, the skinny bundle is not going to be so skinny when it comes to our wallets there. But Wall Street has been projecting around $40 to $50 a month for this service. So it seems like given these comments, we're going to be priced on the higher end, right around $50 for this joint venture. It is expected to launch later this fall. So I do think we're going to receive an official confirmation on pricing sooner rather than later.Now the pitch here is that the service appeals to the cord cutters and the cord nevers. He estimated that 50 to 60 million Americans are not currently subscribed to the cable bundle. And that a large portion of that population is going to be attracted to this type of offering there.One risk, though, that's really clouding the outlook is the potential for regulatory approval. We did hear last month from FuboTV, it filed an antitrust lawsuit against Fox, Warner Brothers Discovery, and Disney, those three companies behind the joint venture, citing anti-competitive behavior.Story continuesBut Lachlan Murdoch yesterday said he's not concerned at all when it comes to regulatory approval. He said, quote, "when you look at this service, it's pro consumer, it's pro competition, it's focused on a cohort of people on a segment that's not served at all with sports content." So that's going to be a big question mark that we'll be following closely, whether or not this does receive the approval.And also, how many subscribers is this service going to have when you're asking people to pay for yet another streaming service, considering we have so many options on the market right now? And sports, in particular, it's been a very hot market. I think this is why these companies were attracted to an offer like this. But, you know, we'll have to see when push comes to shove, and a big part of that question mark is going to be the pricing point.RACHELLE AKUFFO: Indeed. Another fee to add here, unfortunately. Allie Canal, thanks so much for breaking all of that down for us.

Yahoo Finance Video

Why Fox-Disney-WBD sports bundle will be in 'higher' price range

https://finance.yahoo.com/video/why-fox-disney-wbd-sports-175335813.html

c50518f8-720c-38f3-9db5-f7269bb9d6a9

WBD

US theaters have suffered with the advent of the pandemic and strike-related supply-chain delays. While the box office has struggled to reclaim its pre-pandemic prominence, Cinemark CEO Sean Gamble has reassured investors that studios will focus on theatrical releases once again.Box Office Guru Founder and Editor Gitesh Pandya joins Yahoo Finance to give insight into entertainment companies' renewed focus on theatrical releases. He highlights that with the "right content, people are coming out," citing Dune's $82.5 million opening weekend.Pandya signals that the Oscars are an important "PR bonanza" for the film industry, though most Academy Award entrants will have already been released in theaters.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 Nicholas JacobinoVideo Transcript[AUDIO LOGO]JOSH LIPTON: Award season is in full swing with the Oscars happening on Sunday. The box office is still recovering from the pandemic and multiple writer strikes. But Cinemark CEO telling investors this week that studios are focusing on theatrical releases again.For more on all of this, we're talking to Gitesh Pandya, box office guru, founder and CEO. Gitesh, it's always good to see you.GITESH PANDYA: Great to be here.JOSH LIPTON: We were talking off camera, Gitesh. I was interested in when you looked at just overall box office. And I was asking, we're still down pretty meaningfully from pre-pandemic?GITESH PANDYA: Yeah, we're, down from pre-pandemic times. There's a lot of times in February and March have some big films before 2020, when the box office would do pretty well in the first quarter. And then even the last couple of years during post-pandemic times, you had a couple of big films coming out.So put it this way. Two years ago, right around now, you had a brand new Batman film opening. And it opened right after Omicron was happening.Story continuesAnd people still came out to over $130 million opening weekend. Now, this last weekend, we had Dune Part 2, $82.5 million. Nothing to sneeze at. More than double what the first dune made.And so with the right content, people are coming out. One of the problems is that because of the strikes, a lot of the supply line has been delayed. And so we don't have as many films out there and ready to go. Right now in the first half of the year first quarter of the year that we normally do.So there's a lack of volume in the marketplace right now that will get corrected by the time we reach the second quarter into the summer when you have a lot more films coming out. Normally, you have a big film every week or two. And we haven't had much of that this year. It's been a very poor first quarter. But now, with dune coming out and more sequels, it's starting to get better.JULIE HYMAN: So we've got the Oscars this weekend. And given that backdrop of the waning box office, the increase of streaming, obviously, also a factor of that. What role does the Oscars now play? What role does the prestige picture now play in the age of streaming?GITESH PANDYA: Well, certainly, it's a PR bonanza because you get so much attention. The world's media is on the Oscars at least for that one night. Most of these films, the bigger films have already played out. And they've made most of their money anyway.Oppenheimer, for example, has grossed about $960 million since last July when it first came out. So it's mostly done with its worldwide box office run. Except for Japan. That's a country where they didn't know whether they'd be able to release it there or not.It's a very sensitive topic over there. But it's opening Japan at the end of this month. So it might be a big Oscar winner when it finally opens.But still, it's going to do just under $1 billion worldwide. There's not much upside except on the streaming side on video on demand and things like that. You will see some more people who maybe missed Oppenheimer, the first time.I've seen it on the big screen. I've seen it on the small screen at home. I can see it a third-time.JOSH LIPTON: Julie hasn't seen it.JULIE HYMAN: I still haven't seen it.JOSH LIPTON: What are you waiting for? Come on.GITESH PANDYA: I don't know what she's waiting for. It's incredible film. But it's going to be the big winner, I believe. I'm predicting it will win Best Picture and also Best Director this weekend.JOSH LIPTON: Gitesh, we were talking about this. A big issue would seem to me, but correct me, there's just too much good content you can get at home. You're there.I'm on my couch. You got a drink, your dog, you got the flat screen. It's really-- isn't it just that much harder to get people off the couch?GITESH PANDYA: Well, that's why the movies have to be engaging. They have to be kick ass movies that you leave the couch for, that you go to the movie theater for. Streaming and the box office can coexist.It's like the restaurant business. You can eat food at home. You can go out to a restaurant. Both can succeed. But they have to be good.So with the movies, people have a different threshold now. And so if a movie looks interesting, I do want to see it. I'll wait to see it at home. That's what the studios have to fight against.And so when they're making a film, and when they're marketing a film, they have to have something that is completely engaging, exciting, that you must see right away on the big screen right now and not wait six weeks, eight weeks later to watch at home. That is the big challenge. And the studios that can solve that are going to be the big winners.Because, again, in this pandemic time, you have so many reasons for people not to go out to the movies. But you look at Spider-Man, Top Gun, Barbie, some of the movies in the last couple of years. These are among the 10 highest grossing movies of all-time during this post pandemic era.So people will go out with different challenges. It's just got to be the right thing at the right time.JULIE HYMAN: And are we getting that? That's the other big question, right? There's been a lot of complaints about. And Bob Iger was asked about this recently, right? The equalization of content.And that the quality isn't there. Is that going to change? Is that going to get better?GITESH PANDYA: That's one of the big mistakes over the last couple of years. Quality versus quantity. Too much quantity. Mediocrity doesn't sell anymore.You can't make a 15 mediocre TV shows. It's better to make three really fantastic well-made shows. On the movie side, the ones that are really well-reviewed, well-liked by the audiences, as well, winning awards, that's what's going to sell.And so I think if some of the studios focus on really the quality of the product and making it really well and then putting it out into the marketplace, you'll see almost unlimited box office potential worldwide.

Yahoo Finance Video

What role do the Oscars play in the age of streaming?

https://finance.yahoo.com/video/role-oscars-play-age-streaming-130004459.html

704f93e4-e983-3779-a086-f545569cd8e6

WDC

TOKYO, Feb 16 (Reuters) - Japanese chipmaker Kioxia has offered its investor SK Hynix the opportunity to produce semiconductors at its plants in Japan in a bid to revive its merger talks with Western Digital, the Jiji news agency reported on Friday.The talks stalled last year after South Korea's SK Hynix opposed to the plan to create an American-Japanese memory chip giant.Kioxia aims to court SK Hynix's approval of the merger in return for letting SK Hynix produce chips at Japanese plants co-operated by Kioxia and Western Digital, Jiji said. (Reporting by Kantaro Komiya; Editing by Jan Harvey)

Reuters

Kioxia offers SK Hynix chipmaking access in Japan to revive WD merger talks - report

https://finance.yahoo.com/news/kioxia-offers-sk-hynix-chipmaking-102532565.html

55a61ed1-5ef6-30e4-bab2-1caad20686ec

WDC

For Immediate ReleaseChicago, IL – February 20, 2024 – Stocks in this week’s article are AxoGen AXGN, Western Digital WDC and Gen Digital Inc. GEN.3 Best Stocks to Buy for Remarkable Earnings AccelerationEarnings growth captivates almost everyone, from the top brass to research analysts. After all, earnings are a measure of the money a company is making.Still, earnings acceleration works even better when lifting the stock price. Studies have shown that most successful stocks have seen an acceleration in earnings before an uptick in their price.Earnings acceleration is the incremental growth in a company’s earnings per share (EPS). In other words, if the rate of a company’s quarter-over-quarter earnings growth increases within a stipulated frame of time, it can be called earnings acceleration.In the case of earnings growth, you pay for something that is already reflected in the stock price. But earnings acceleration helps spot stocks that haven’t yet caught the attention of investors and, once secured, will invariably lead to a rally in the share price. This is because earnings acceleration considers both the direction and magnitude of growth rates.An increasing percentage of earnings growth means that the company is fundamentally sound and has been on the right track for a considerable period. Meanwhile, a sideways percentage of earnings growth indicates a period of consolidation or slowdown, while a decelerating percentage of earnings growth may sometimes drag prices down.The above criteria narrowed the universe of around 7,735 stocks to only five. Here are the top three stocks:AxoGen engages in developing and marketing surgical solutions for peripheral nerves. AxoGen currently has a Zacks Rank #2 (Buy). AXGN’s expected earnings growth rate for the current year is 46.7%. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.Western Digital is one of the largest hard disk drive producers in the United States. Western Digital currently has a Zacks Rank #2. WDC’s expected earnings growth rate for the current year is 40.1%.Story continuesGen Digital Inc. is a company dedicated to powering Digital Freedom through its trusted Cyber Safety brands. Gen Digital currently has a Zacks Rank #2. GEN’s expected earnings growth rate for the current year is 7.7%.You can sign up now for your 2-week free trial to the Research Wizard and start using this screen in your trading. Further, you can also create your own strategies and test them first before taking the investment plunge.The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.Click here to sign up for a free trial to the Research Wizard today.For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2227290/3-best-stocks-to-buy-for-remarkable-earnings-accelerationFollow us on Twitter:  https://www.twitter.com/zacksresearchJoin us on Facebook:  https://www.facebook.com/ZacksInvestmentResearchZacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.Contact: Jim GiaquintoCompany: Zacks.comPhone: 312-265-9268Email: [email protected]: https://www.zacks.com/Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance  for information about the performance numbers displayed in this press release.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 reportWestern Digital Corporation (WDC) : Free Stock Analysis ReportGen Digital Inc. (GEN) : Free Stock Analysis ReportAxoGen, Inc. (AXGN) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Zacks.com featured highlights AxoGen, Western Digital and Gen Digital

https://finance.yahoo.com/news/zacks-com-featured-highlights-axogen-100600061.html

6875b229-ba76-34e3-9631-289f9338c008

WDC

(Adds background in paragraphs 4-7)March 5 (Reuters) - Western Digital on Tuesday named chief executives for its soon-to-be separated flash memory and traditional hard-disk drive (HDD) businesses and said the process was on track for completion in the second half of 2024.Irving Tan, executive vice president of global operations, will take the helm at the remaining standalone HDD company that will operate as Western Digital, the company said.Meanwhile, current company CEO David Goeckeler has been named chief executive designate for the flash memory business.Last year in October, the data storage products maker announced a plan to spin off its memory business that would create two publicly traded firms, after talks of merging the unit with Japan's Kioxia stalled.The planned split clears years of uncertainty over Western Digital's flash memory unit that was built through its $19 billion purchase of SanDisk in 2016 and caters to the smartphone and computer industries.The move to split Western Digital, also proposed by New York-based activist investor Elliott Investment Management, will leave the company with its traditional HDD business.In 2022, Elliott had pushed the company that makes hard drives, USB drives and memory cards to conduct a strategic review and split off its flash memory business. (Reporting by Jaspreet Singh in Bengaluru; Editing by Shailesh Kuber)

Reuters

UPDATE 1-Western Digital names heads for flash memory, HDD units after split

https://finance.yahoo.com/news/1-western-digital-names-heads-141622363.html

9cf66024-287c-3e44-8cd9-654d6f511fc6

WDC

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at Western Digital (WDC), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Western Digital currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for WDC that show why this maker of hard drives for businesses and personal computers shows promise as a solid momentum pick.Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.Story continuesFor WDC, shares are up 14.7% over the past week while the Zacks Computer- Storage Devices industry is up 18.11% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 12.53% compares favorably with the industry's 27.5% performance as well.While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Western Digital have risen 25.67%, and are up 73.45% in the last year. On the other hand, the S&P 500 has only moved 12.82% and 31.04%, respectively.Investors should also pay attention to WDC's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. WDC is currently averaging 6,022,947 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with WDC.Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost WDC's consensus estimate, increasing from -$3.28 to -$1.88 in the past 60 days. Looking at the next fiscal year, 3 estimates have moved upwards while there have been no downward revisions in the same time period.Bottom LineGiven these factors, it shouldn't be surprising that WDC is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Western Digital on your short list.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 reportWestern Digital Corporation (WDC) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Western Digital (WDC) Is Up 14.70% in One Week: What You Should Know

https://finance.yahoo.com/news/western-digital-wdc-14-70-170008992.html

124381e6-54dc-39b0-9af1-6aaf5406682c

WEC

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

WEC

Comprehensive SWOT analysis based on WEC Energy Group Inc's latest SEC 10-K filing.Strategic evaluation of WEC's financial health and market position.Expert breakdown of the company's potential growth opportunities and industry challenges.Forward-looking perspective on WEC's plans to leverage its strengths and mitigate risks.Warning! GuruFocus has detected 6 Warning Signs with WEC.On February 22, 2024, WEC Energy Group Inc (NYSE:WEC) filed its annual 10-K report with the SEC, providing a detailed account of its financial performance and strategic positioning. As a diversified holding company with a significant presence in the electric and gas utility sector, WEC serves a broad customer base across Illinois, Michigan, Minnesota, and Wisconsin. The company's asset mix, comprising electric generation and distribution, gas distribution, electric transmission, and unregulated renewable energy, reflects a balanced portfolio designed to navigate the complexities of the energy market. With an aggregate market value of $27.8 billion as of June 30, 2023, and a strong commitment to environmental stewardship and operational efficiency, WEC is poised to maintain its competitive edge in the industry.Decoding WEC Energy Group Inc (WEC): A Strategic SWOT InsightStrengthsDiversified Energy Portfolio: WEC Energy Group Inc's diverse energy portfolio is a cornerstone of its strength. Approximately 49% of its assets are in electric generation and distribution, 36% in gas distribution, 10% in electric transmission, and 5% in unregulated renewable energy. This diversification allows WEC to mitigate risks associated with market fluctuations in any single energy sector and provides a stable revenue stream. The company's significant equity interest in American Transmission Co. further bolsters its position in the electric transmission space, enhancing its ability to deliver reliable energy solutions to its customers.Robust Financial Performance: WEC's financial health is a testament to its operational success. The company's 10-K filing reveals a solid financial foundation, with a market capitalization of $27.8 billion, reflecting investor confidence and market strength. WEC's strategic investments in infrastructure and renewable energy projects underscore its commitment to long-term growth and sustainability, which is likely to appeal to environmentally conscious investors and customers alike. The company's ability to generate consistent revenues from its utility operations provides a stable cash flow, essential for funding future capital projects and maintaining dividend payments to shareholders.Story continuesWeaknessesRegulatory Challenges: As a utility provider, WEC Energy Group Inc is subject to extensive regulation at the federal, state, and local levels. The company's operations can be significantly impacted by legislative and regulatory changes, such as rate-setting policies and environmental regulations. These external factors can introduce uncertainty and may affect WEC's ability to recover costs and earn a reasonable return on investment. The company's recent filings highlight the impact of rate orders and the potential for increased scrutiny over utility rates and practices, which could pose financial and operational challenges.Dependence on Economic Conditions: The demand for electricity and natural gas is closely tied to economic conditions. Adverse weather conditions, changes in commodity prices, and shifts in customer growth can influence WEC's operational performance. While the company has taken steps to mitigate these risks through its diversified energy mix, it remains vulnerable to economic downturns and shifts in consumer behavior, such as increased energy conservation efforts and the adoption of distributed generation technologies.OpportunitiesInvestment in Renewable Energy: WEC Energy Group Inc's strategic focus on renewable energy presents significant growth opportunities. The company's ESG Progress Plan outlines ambitious goals to reduce carbon emissions and invest in zero-carbon-emitting renewables and clean natural gas-fired generation. By retiring older, less efficient fossil-fueled generation and embracing new technologies, WEC is positioning itself as a leader in the transition to a sustainable energy future. This proactive approach not only aligns with global environmental trends but also opens up new revenue streams and enhances the company's appeal to eco-conscious consumers and investors.Technological Advancements: The energy sector is undergoing rapid technological transformation, and WEC Energy Group Inc is well-placed to capitalize on these changes. Advances in smart grid technology, energy storage, and distributed generation offer opportunities for WEC to improve operational efficiency, enhance customer service, and develop new business models. By staying at the forefront of technological innovation, WEC can strengthen its market position and drive future growth.ThreatsMarket Competition: The energy market is highly competitive, with numerous players vying for market share. WEC Energy Group Inc faces competition from other utility providers, as well as from alternative energy sources such as solar and wind power. The company must continuously innovate and improve its service offerings to retain existing customers and attract new ones. Additionally, technological advancements could lower barriers to entry, allowing new competitors to emerge and challenge WEC's market dominance.Cybersecurity Risks: As a utility company, WEC Energy Group Inc is increasingly reliant on digital technologies to manage its operations. This dependence makes the company vulnerable to cybersecurity threats, which could disrupt service delivery, compromise customer data, and result in significant financial and reputational damage. WEC's recent filings acknowledge the importance of robust cybersecurity measures and the ongoing investment required to safeguard its systems against potential attacks.In conclusion, WEC Energy Group Inc's SWOT analysis reveals a company with a strong market position, bolstered by a diversified energy portfolio and solid financial performance. However, regulatory challenges and economic dependencies present ongoing risks that require careful management. Opportunities for growth in renewable energy and technological innovation offer promising avenues for expansion, while competitive pressures and cybersecurity threats necessitate vigilance and strategic planning. Overall, WEC's proactive approach to leveraging its strengths and addressing its weaknesses positions itThis 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 WEC Energy Group Inc (WEC): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-wec-energy-group-inc-051106199.html

a076aa00-d790-3661-821e-48a072ed27b3

WEC

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding 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. However, after briefly looking over the numbers, we don't think WEC Energy Group (NYSE:WEC) has the makings of a multi-bagger going forward, but let's have a look at why that may be.Understanding Return On Capital Employed (ROCE)Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for WEC Energy Group, this is the formula:Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)0.056 = US$2.2b ÷ (US$44b - US$5.1b) (Based on the trailing twelve months to December 2023).Therefore, WEC Energy Group has an ROCE of 5.6%. On its own, that's a low figure but it's around the 4.9% average generated by the Integrated Utilities industry. Check out our latest analysis for WEC Energy Group roceAbove you can see how the current ROCE for WEC Energy Group 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 WEC Energy Group .How Are Returns Trending?The returns on capital haven't changed much for WEC Energy Group in recent years. The company has employed 29% more capital in the last five years, and the returns on that capital have remained stable at 5.6%. This poor ROCE doesn't inspire confidence right now, and with the increase in capital employed, it's evident that the business isn't deploying the funds into high return investments.Story continuesThe Bottom Line On WEC Energy Group's ROCELong story short, while WEC Energy Group has been reinvesting its capital, the returns that it's generating haven't increased. Unsurprisingly, the stock has only gained 20% over the last five years, which potentially indicates that investors are accounting for this going forward. Therefore, if you're looking for a multi-bagger, we'd propose looking at other options.If you want to know some of the risks facing WEC Energy Group we've found 2 warning signs (1 is potentially serious!) that you should be aware of before investing here.For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high 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.

Return Trends At WEC Energy Group (NYSE:WEC) Aren't Appealing

https://finance.yahoo.com/news/return-trends-wec-energy-group-165342853.html

63a05d2c-b16b-375f-9f53-7dc6a0c479b0

WEC

Investors with an interest in Utility - Electric Power stocks have likely encountered both NiSource (NI) and WEC Energy Group (WEC). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.NiSource and WEC Energy Group are sporting Zacks Ranks of #2 (Buy) and #4 (Sell), respectively, right now. Investors should feel comfortable knowing that NI likely has seen a stronger improvement to its earnings outlook than WEC has recently. However, value investors will care about much more than just this.Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.NI currently has a forward P/E ratio of 15.65, while WEC has a forward P/E of 16.63. We also note that NI has a PEG ratio of 2.19. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. WEC currently has a PEG ratio of 2.82.Another notable valuation metric for NI is its P/B ratio of 1.15. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, WEC has a P/B of 2.13.Based on these metrics and many more, NI holds a Value grade of B, while WEC has a Value grade of D.Story continuesNI sticks out from WEC in both our Zacks Rank and Style Scores models, so value investors will likely feel that NI is the better option right now.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 reportNiSource, Inc (NI) : Free Stock Analysis ReportWEC Energy Group, Inc. (WEC) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

NI vs. WEC: Which Stock Is the Better Value Option?

https://finance.yahoo.com/news/ni-vs-wec-stock-better-164006444.html

c72651cc-8556-3347-98d3-27320b8c0db1

WELL

In the midst of a pivotal election year, with the prospect of Donald Trump’s return to the political arena igniting market dynamics—underscored by a nearly 200% rally in Digital World Acquisition Corp. (NASDAQ:DWAC) in 2024—investors are turning their attention to sectors poised for growth. Among these, real estate investment trusts (REITs) such as Public Storage (NYSE:PSA), Welltower Inc. (NYSE:WELL), and Simon Property Group (NYSE:SPG) are emerging as beneficiaries of Trump’s economic policies, which prioritize revitalization and deregulation.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. Public Storage, a leader in the self-storage sector with a dividend yield of 4%, is well-positioned to benefit from an economy buoyed by Trump’s growth-focused policies. With thousands of locations across the U.S., Public Storage offers solutions for the increasing demand for storage space, driven by consumerism and the transient nature of today’s workforce. The company’s robust business model, characterized by low operational costs and high profit margins, makes it an attractive option for investors seeking steady income and long-term capital appreciation.Welltower Inc., specializing in healthcare infrastructure with a dividend yield of 3%, operates at the intersection of healthcare and real estate. With an aging population and Trump’s potential focus on healthcare reform, Welltower’s portfolio of senior living communities, outpatient medical properties, and long-term care facilities is crucial. The company’s strategic investments in prime locations and partnerships with leading healthcare providers underscore its commitment to delivering shareholder value while addressing the critical need for healthcare services.Story continuesSimon Property Group, the largest mall operator in the U.S. with a dividend yield of 5%, could see a resurgence in the retail sector driven by Trump’s pro-business stance. SPG’s portfolio of premium shopping malls and outlet centers, strategically located in key markets, is poised to capitalize on increased consumer spending. Simon’s focus on enhancing shopper experiences through mixed-use developments that include retail, dining, and entertainment options aligns with evolving consumer preferences, ensuring its properties remain vibrant and profitable.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?APPLE (AAPL): Free Stock Analysis ReportTESLA (TSLA): Free Stock Analysis ReportThis article Can These REITs Mirror Truth Social's 2024 Surge Amid Trump's Potential Return? originally appeared on Benzinga.com© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Benzinga

Can These REITs Mirror Truth Social's 2024 Surge Amid Trump's Potential Return?

https://finance.yahoo.com/news/reits-mirror-truth-socials-2024-172650112.html

3dcf6833-b963-342e-aa79-326df5fe8691

WELL

An In-depth Look at Welltower Inc's Upcoming Dividend and Its Historical PerformanceWelltower Inc (NYSE:WELL) recently announced a dividend of $0.61 per share, payable on 2024-03-07, with the ex-dividend date set for 2024-02-22. 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 Welltower Inc's dividend performance and assess its sustainability.What Does Welltower Inc Do?Warning! GuruFocus has detected 9 Warning Signs with WELL.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?Welltower owns a diversified healthcare portfolio of over 2,000 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.Welltower Inc's Dividend AnalysisA Glimpse at Welltower Inc's Dividend HistoryWelltower Inc has maintained a consistent dividend payment record since 1985. Dividends are currently distributed on a quarterly basis. Below is a chart showing annual Dividends Per Share for tracking historical trends.Welltower Inc's Dividend AnalysisBreaking Down Welltower Inc's Dividend Yield and GrowthAs of today, Welltower Inc currently has a 12-month trailing dividend yield of 2.64% and a 12-month forward dividend yield of 2.64%. This suggests an expectation of same dividend payments over the next 12 months.Over the past three years, Welltower Inc's annual dividend growth rate was -3.30%. Extended to a five-year horizon, this rate decreased to -8.10% per year. And over the past decade, Welltower Inc's annual dividends per share growth rate stands at -3.20%.Based on Welltower Inc's dividend yield and five-year growth rate, the 5-year yield on cost of Welltower Inc stock as of today is approximately 1.73%.Story continuesWelltower 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, Welltower Inc's dividend payout ratio is 3.26, which may suggest that the company's dividend may not be sustainable.Welltower Inc's profitability rank, offers an understanding of the company's earnings prowess relative to its peers. GuruFocus ranks Welltower Inc's profitability 7 out of 10 as of 2023-12-31, suggesting good profitability prospects. The company has reported positive net income for each of the 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. Welltower Inc's growth rank of 7 out of 10 suggests that the company's growth trajectory is good relative to its competitors.Revenue is the lifeblood of any company, and Welltower Inc's revenue per share, combined with the 3-year revenue growth rate, indicates a strong revenue model. Welltower Inc's revenue has increased by approximately 5.10% per year on average, a rate that outperforms approximately 65.33% 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, Welltower Inc's earnings increased by approximately -35.60% per year on average, a rate that outperforms approximately 9.59% of global competitors.Lastly, the company's 5-year EBITDA growth rate of -32.10%, which outperforms approximately 3.99% of global competitors.Next StepsIn summary, while Welltower Inc's dividend history is long-standing and consistent, the recent decline in dividend growth rates and a low payout ratio raise questions about the sustainability of future dividends. However, the company exhibits a good profitability rank and has shown a robust revenue model, which are positive indicators for dividend sustainability. Investors should also consider the company's growth metrics, as they provide a window into the future prospects of Welltower Inc. With these factors in mind, value investors may want to keep a close eye on Welltower Inc's financial health and strategic initiatives to better gauge the potential for continued dividend payments.GuruFocus Premium users can screen for high-dividend yield stocks using 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

Welltower Inc's Dividend Analysis

https://finance.yahoo.com/news/welltower-incs-dividend-analysis-100215023.html

74099b21-61b5-31ba-ab77-6c3d54e831bd

WELL

TOLEDO, Ohio, March 4, 2024 /PRNewswire/ -- The Welltower Inc. (NYSE: WELL) management team will participate in the Citi 2024 Global Property CEO Conference on Monday, March 4, 2024 from 5:00 to 5:35 p.m. Eastern Time. A live webcast of the Welltower presentation will be available at the following link, which will be accessible for one year:Welltower Logohttps://kvgo.com/2024-global-property-ceo-conference/welltower-marchAbout WelltowerWelltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers, and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada, and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com. CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/welltower-to-present-at-citi-2024-global-property-ceo-conference-302078459.htmlSOURCE Welltower Inc.

PR Newswire

Welltower to Present at Citi 2024 Global Property CEO Conference

https://finance.yahoo.com/news/welltower-present-citi-2024-global-123300196.html

dafff0ec-055a-3f89-8427-83c7ce62a4da

WELL

Mark Cuban’s acknowledgment of Tesla Inc. (NASDAQ:TSLA) interest in his Cost Plus Drugs initiative, which focuses on reducing healthcare costs, has significant implications for investors, particularly those watching Real Estate Investment Trusts (REITs) like Welltower Inc. (NYSE:WELL) and Digital Realty Trust (NYSE:DLR). This development is part of a larger conversation that’s been brewing, fueled by the ongoing, very public dialogue between Cuban and Elon Musk. Their exchanges have been marked by sharp differences in political opinions, especially noticeable with Cuban’s open support for Joe Biden as the next presidential election approaches in the latest interview with Bloomberg. This situation isn’t just a high-profile spat; it’s a pivotal moment that could influence investment strategies, especially in sectors connected to healthcare and technology real estate.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. Welltower Inc. Welltower is a leading REIT that primarily invests in healthcare infrastructure, including senior housing, post-acute care, and outpatient medical properties. The company's business model is predicated on the burgeoning demand for healthcare services, especially among the aging population. Cuban's Cost Plus Drugs, with its mission to make medications more affordable, could indirectly benefit REITs like Welltower by potentially lowering the operational costs of healthcare providers within Welltower's portfolio. If healthcare entities can reduce their pharmaceutical expenses, they might be in a better position to invest in facility expansions or upgrades, potentially leading to more robust leasing demand and financial performance for Welltower.Story continuesDigital Realty Trust Specializing in data centers and technology-related real estate, Digital Realty Trust stands at the confluence of real estate and technology. The company offers a vital infrastructure that supports the data needs of businesses globally, including those in the healthcare sector, which Cuban's Cost Plus Drugs is poised to impact. As healthcare becomes increasingly data-driven, initiatives like Cuban's that seek to revolutionize the pharmaceutical industry could spur greater reliance on data analytics and cloud services, thereby elevating the demand for the high-tech real estate solutions that DLR provides. This is particularly pertinent in the context of Tesla's interest, as it reflects a broader tech industry trend towards leveraging innovative cost-saving measures that could necessitate enhanced data center capabilities.The back-and-forth between Cuban and Musk is more than just a series of personal jibes—it’s a window into critical trends that could sway investor sentiment towards Welltower and Digital Realty. Welltower’s stakes in this drama are tied to the evolving dynamics of healthcare cost management and its potential ripple effects on the healthcare real estate market. Meanwhile, Digital Realty stands at a juncture where the tech industry’s pivot towards more efficient data management practices, notably from companies like Tesla, could boost the demand for data center infrastructure. This interaction isn’t just tabloid fodder; it’s a barometer for shifts in sectors crucial to the futures of healthcare and technology-oriented real estate investments.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?APPLE (AAPL): Free Stock Analysis ReportTESLA (TSLA): Free Stock Analysis ReportThis article Mark Cuban Attacks Trump, Endorses Biden in Fiery Statement originally appeared on Benzinga.com© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Benzinga

Mark Cuban Attacks Trump, Endorses Biden in Fiery Statement

https://finance.yahoo.com/news/mark-cuban-attacks-trump-endorses-161223145.html

95ae7051-52ac-3e28-a737-62d8c06956da

WFC

The US housing market is facing a trifecta of challenges when it comes to affordability: tight inventory, climbing prices and elevated mortgage rates. So what does that mean for buyers and sellers?!Here are 3 things you need to know about the 2024 housing market:#1: InventoryPeople are staying in their homes longer. Thank you baby boomers! The lack of homes for sale and high housing costs are just some of the reasons people aren’t moving. Sales of previously owned homes hit its worst level in decades last year as elevated rates and rising home prices deadlocked affordability.The demand- supply imbalance will carry into this year. There is a 3.2 month supply of unsold inventory at the current sales pace. For perspective, at least six months of inventory is considered a healthy market.Despite the tight inventory in the resale market, the newly built home market remains attractive. New homes accounted for nearly 32% of single-family homes for sale – Redfin reported – marking the highest level of any fourth quarter on record.But inventory is only part of the story. There’s also the dilemma with home prices.#2: Home PricesBuyers beware, but sellers rejoice, because home prices have never been higher! The median price for a home is around $361,000, up 5% from the prior year, Redfin reported.The pressure of limited housing supply has kept home prices elevated.Homes were 6.7% less affordable in December on a year-over-year basis, the National Association of Realtors reported.Despite elevated prices, builders have been able to take advantage of lean inventories in the resale market and offer buyers incentives including price cuts. The median sales price of a new home fell 6% from a year ago to $434,000.But it looks like home prices won’t be leveling off anytime soon. Data from Wells Fargo projects new home prices to rise 2.2%, while existing homes are estimated to increase 3.1% this year.#3: Mortgage ratesAnother reason for the limited supply of homes has been the lock-in effect.Story continuesAt least — 80% of homeowners — who hold a mortgage// had a rate of 5% or lower nationally in the third quarter of 2023 –discouraging homeowners from selling and buying another in today’s high interest rate environment.Rates have roughly doubled since the pandemic — thanks in part to the Federal Reserve’s fight against inflation. Inflation remains stubborn – leaving rates elevated. Last year, mortgage rates rose above 8% in October — but have now come back down to range around 6%.Data from Freddie Mac shows that the average mortgage rate for a 30-year fixed loan climbed to 6.7% from 6.64% a week prior. Not much reprieve there.By contrast — homebuilders have been able to win the housing recovery by giving buyers what they want: mortgage rate buydowns.That's when the builder upfronts the cost to lower the rate on the loan — making new construction the place for deals in this housing market.Economists expect the housing recovery to stall over the next few months given that long-term interest rates have jumped back up again this year. However –the hiatus will likely be short-lived.How will this economic picture play out throughout the rest of 20-24?Make sure to stay up to date on the latest developments as Yahoo Finance continues breaking down everything you need to know about the housing market this year.Video Transcript[MUSIC PLAYING]- The US housing market is facing a trifecta of challenges when it comes to affordability-- tight inventory, climbing prices, and elevated mortgage rates. So what does this mean for buyers and sellers?Here are three things you need to know about the 2024 housing market.Number one, inventory. People are staying in their homes / Thank you, baby boomers. The lack of homes for sale and high housing costs are just some of the reasons people aren't moving. Sales of previously owned homes hit its worst level in decades last year, as elevated rates and rising home prices deadlocked affordability.The demand supply imbalance will carry into this year. There is a 3.2-month supply of unsold inventory at the current sales pace. For perspective, at least six months of inventory is considered a healthy market. Despite the tight inventory in the resale market, the newly built home market remains attractive.New homes accounted for nearly 32% of single family homes for sale, Redfin reported, marking the highest level of any fourth quarter on record. But inventory is only part of the story. There's also the dilemma with home prices.Number two, home prices. Buyers beware, but Sellers rejoice, because home prices have never been higher. The median price for a home is around $361,000, up 5% from the prior year, Redfin reported. The pressure of limited housing supply has kept home prices elevated.Homes were 6.7% less affordable in December on a year-over-year basis, the National Association of Realtors reported. Despite elevated prices, builders were able to take advantage of lean inventories in the resale market, and offer buyers incentives, including price cuts.The median sales price of a new home fell 6% from a year ago to $434,000. But it looks like home prices won't be leveling off anytime soon. Data from Wells Fargo projects new home prices to rise 2.2%, while existing homes are estimated to increase 3.1% this year.Number three, mortgage rates. Another reason for the limited supply of homes has been the lock in effect. At least 80% of homeowners, who hold a mortgage, had a rate of 5% or lower nationally in the third quarter of 2023, discouraging homeowners from selling and buying another in today's high interest rate environment.Rates have roughly doubled since the pandemic. Thanks, in part, to the Federal Reserve's fight against inflation. Inflation remains stubborn, leaving rates elevated. Last year, mortgage rates rose above 8% in October, but have now come back down to range around 6%.Data from Freddie Mac shows that the average mortgage rate for a 30-year fixed loan climbed to 6.7% from 6.64% a week prior. Not much reprieve there.By contrast, homebuilders have been able to win the housing recovery by giving buyers what they want-- mortgage rate buy downs.That's when the builder upfronts the cost to lower the rate on the loan, making new construction the place for deals in this housing market. Economists expect the housing recovery to stall over the next few months, given that long-term interest rates have jumped back up again this year. However, the hiatus will likely be short lived.How will this economic picture play out throughout the rest of 2024? Make sure to stay up to date on the latest developments as "Yahoo Finance" continues breaking down everything you need to know about the housing market this year.

Yahoo Finance Video

The Housing Inventory Issue: Yahoo Finance Reports

https://finance.yahoo.com/video/housing-inventory-issue-yahoo-finance-170746209.html

e95d2e94-325f-3190-a557-cf9bcd450ce5

WFC

Wells Fargo (WFC) closed the latest trading day at $54.13, indicating a +0.5% change from the previous session's end. This move outpaced the S&P 500's daily loss of 0.38%. At the same time, the Dow lost 0.16%, and the tech-heavy Nasdaq lost 0.13%.Shares of the biggest U.S. mortgage lender have appreciated by 7.03% over the course of the past month, outperforming the Finance sector's gain of 3.85% and the S&P 500's gain of 4.74%.The investment community will be paying close attention to the earnings performance of Wells Fargo in its upcoming release. The company's earnings per share (EPS) are projected to be $1.10, reflecting a 10.57% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $20.18 billion, showing a 2.67% drop compared to the year-ago quarter.For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.72 per share and a revenue of $80.25 billion, signifying shifts of -13.08% and -2.84%, respectively, from the last year.Investors should also note any recent changes to analyst estimates for Wells Fargo. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. The Zacks Consensus EPS estimate has moved 0.11% higher within the past month. Wells Fargo currently has a Zacks Rank of #3 (Hold).Story continuesValuation is also important, so investors should note that Wells Fargo has a Forward P/E ratio of 11.4 right now. This signifies a premium in comparison to the average Forward P/E of 10.54 for its industry.It is also worth noting that WFC currently has a PEG ratio of 1.12. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Banks - Major Regional industry had an average PEG ratio of 1.52.The Banks - Major Regional industry is part of the Finance sector. With its current Zacks Industry Rank of 36, this industry ranks in the top 15% of all industries, numbering over 250.The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in 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 reportWells Fargo & Company (WFC) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Wells Fargo (WFC) Ascends While Market Falls: Some Facts to Note

https://finance.yahoo.com/news/wells-fargo-wfc-ascends-while-224513107.html

b4352ac4-c315-3861-9d61-1870a2f5a622

WFC

Wells Fargo (WFC) 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.Over the past month, shares of this biggest U.S. mortgage lender have returned +18.8%, compared to the Zacks S&P 500 composite's +2.7% change. During this period, the Zacks Banks - Major Regional industry, which Wells Fargo falls in, has gained 8.3%. The key question now is: What could be the stock's future direction?Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.Earnings Estimate RevisionsRather 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.Wells Fargo is expected to post earnings of $1.10 per share for the current quarter, representing a year-over-year change of -10.6%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.The consensus earnings estimate of $4.72 for the current fiscal year indicates a year-over-year change of -13.1%. This estimate has changed +0.1% over the last 30 days.Story continuesFor the next fiscal year, the consensus earnings estimate of $5.28 indicates a change of +11.7% from what Wells Fargo is expected to report a year ago. Over the past month, the estimate has changed -0.2%.Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Wells Fargo is rated Zacks Rank #3 (Hold).The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSProjected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.For Wells Fargo, the consensus sales estimate for the current quarter of $20.18 billion indicates a year-over-year change of -2.7%. For the current and next fiscal years, $80.25 billion and $81.56 billion estimates indicate -2.8% and +1.6% changes, respectively.Last Reported Results and Surprise HistoryWells Fargo reported revenues of $20.48 billion in the last reported quarter, representing a year-over-year change of +4.2%. EPS of $1.29 for the same period compares with $0.67 a year ago.Compared to the Zacks Consensus Estimate of $20.31 billion, the reported revenues represent a surprise of +0.83%. The EPS surprise was +11.21%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.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.The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Wells Fargo is graded A 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 Wells Fargo. 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 reportWells Fargo & Company (WFC) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Here is What to Know Beyond Why Wells Fargo & Company (WFC) is a Trending Stock

https://finance.yahoo.com/news/know-beyond-why-wells-fargo-130016048.html

1f17f2c8-5821-3a27-ad88-11ac2fb1bb8b

WFC

(Bloomberg) -- Rick Schnall sold his minority stake in the NBA’s Atlanta Hawks last summer in order to buy a stake in the Charlotte Hornets, according to people with knowledge of the matter.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapTech CEOs Are Addicted to Taking Needless RisksChina Has Never Canceled This Many Shipments of US WheatThe sale was to a group of investors including some existing Hawks owners, said one of the people, all of whom requested anonymity discussing confidential information. Schnall was a key member, along with Gabe Plotkin, of the consortium that purchased a controlling stake in the Charlotte Hornets, a deal that was announced in June.A spokesman for private equity firm Clayton Dubilier & Rice, of which Schnall is co-president, referred queries to the team. Representatives for the Hawks and the NBA declined to comment. The buyers of Schnall’s Hawks stake couldn’t immediately be learned.Schnall became a part owner in the Hawks in 2015, when billionaire Antony Ressler bought the team for $850 million. Since then, the Hawks have made the NBA playoffs five times in eight seasons.Sign up for Bloomberg’s Business of Sports newsletterThe deal for the Hornets, which was finalized in August, vaulted Michael Jordan’s net worth to an estimated $3.5 billion. Schnall and Plotkin became co-chairs of Hornets Sports & Entertainment and said they’d rotate governorship every five years, beginning with Schnall. The entity also manages and operates Spectrum Center and teams including the Greensboro Swarm.Most Read from Bloomberg BusinessweekAcademics Question ESG Studies That Helped Fuel Investing BoomLuxury Postnatal Retreats Draw Affluent Parents Around the USHow Apple Sank About $1 Billion a Year Into a Car It Never BuiltThe Battle to Unseat the Aeron, the World’s Most Coveted Office ChairHow Microsoft’s Bing Helps Maintain Beijing’s Great Firewall©2024 Bloomberg L.P.

Bloomberg

Atlanta Hawks Co-Owner Schnall Sold Stake Before Charlotte Hornets Takeover

https://finance.yahoo.com/news/atlanta-hawks-co-owner-schnall-170311920.html

a3cdfd81-c6e3-3b5b-9828-f347e7dfb719

WHR

(Bloomberg) -- Whirlpool Corp., the company behind KitchenAid mixers and Maytag washing machines, will double down on debt reduction this year as US interest rates remain high.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniStock Rally Stalls at Start of Data-Packed Week: Markets WrapFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Philanthropist, Dies at 87Poland’s Famously Frank Top Diplomat Lands a Blow With Rebuff of RussiaThe Benton Harbor, Michigan-based company has $2.5 billion in term loans it raised for its $3 billion acquisition of the InSinkErator garbage disposal business in 2022. Chief Financial Officer Jim Peters said that $1 billion of that will be paid down now, up from $500 million in debt reduction for 2024 that Whirlpool projected during its earnings release last month.Whirlpool raised $300 million in the US investment-grade bond market on Feb. 22 to refinance a 2024 maturity. It has $350 million coming due in 2025, followed by roughly half a billion euros ($542 million) in 2026, according to data compiled by Bloomberg.Peters, who spoke with Bloomberg ahead of an investor event on Tuesday, said that while everybody expects interest rates will fall, recent Federal Reserve comments suggest that this could take longer than some foresaw after higher-than-expected inflation data in January.“There is less certainty on when rates will come down,” he said.Whirlpool’s leverage, measured as the ratio of net debt to earnings before interest, taxes, depreciation and amortization, stood at 3.6 times at the end of 2023, primarily driven by the acquisition of InSinkErator. That ratio is supposed to come down to 2.0 times by 2026.“The recent debt increase has been a concern as most of the company’s free cash flow would be needed to pay the dividend. Asset sales will be a key component of deleveraging but this will likely take time,” said Drew Reading, US homebuilding analyst at Bloomberg Intelligence. Changes to simplify the portfolio should be beneficial to Whirlpool’s business in the long run, he said.Story continuesThe manufacturer is targeting cost savings of $300 million to $400 million this year. Additional savings will be generated by reducing the number of components in Whirlpool products, simplifying the business and other measures, Peters said.“Previous cost savings would have looked at doing the same things more cheaply. Now, we are revisiting how we are organizing the business,” Peters said, pointing to the company’s move to create a new small domestic appliances segment for KitchenAid products.“That will help us demonstrate to shareholders how strong this business is,” he said, adding that over time, the simplified business model will require fewer people.Peters declined to provide specific numbers on how many jobs could be lost. Last month, the company said it was planning to reduce its corporate headcount this year.Whirlpool isn’t planning to sell its KitchenAid small appliance business that it is breaking out as a separate segment, Peters said. “It will allow us to grow the business better,” he said.Mortgage HeadwindsWith existing home sales at the lowest in more than 25 years, Whirlpool and other white-goods makers are suffering as shoppers forgo appliance upgrades. Its so-called discretionary business, which is driven by existing home sales, has been particularly weak in North America, which makes up more than half of the company’s revenue.“I am in a business that is really connected to housing,” Peters said.Sales of previously owned US homes rose by the most in nearly a year in January as buyers took advantage of a dip in mortgage rates. Contract closings increased 3.1% from December to an annualized rate of four million, according to the National Association of Realtors. Still, sales slipped 1.7% compared with January 2023. Thirty-year mortgages this month are back at about 7%, according to data compiled by Bloomberg.“We think that if rates were to stabilize — which is a big ‘if’ given such volatility — we could start to see a rebound in home sales late in 2024, with a stronger improvement in 2025, which would certainly create a more favorable backdrop for appliances,” BI’s Reading said.--With assistance from Leslie Patton.Most Read from Bloomberg BusinessweekElon Musk’s Vegas Tunnel Project Has Been Racking Up Safety ViolationsThe High Cost of Eating Out in AmericaTranscript: Did Musk Buy Twitter to Keep His Movements Secret?Why Elon Musk Bought Twitter in the First PlaceCan the Masters of Hipster Cringe Conquer Hollywood With Wall Street Cash?©2024 Bloomberg L.P.

Bloomberg

Whirlpool Accelerates Debt Reduction as Interest Rates Stay High

https://finance.yahoo.com/news/whirlpool-accelerates-debt-reduction-interest-171555509.html

9bc6356a-8fd5-32b8-9bb8-a4e29b76b9f4

WHR

BENTON HARBOR, Mich., Feb. 26, 2024 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today that it will participate in the Raymond James 45th Annual Institutional Investors Conference on March 4th at 9:50 a.m. ET at the JW Marriott Grand Lakes in Orlando, Florida. Presenting for Whirlpool Corporation will be Jim Peters, Executive Vice President and Chief Financial Officer.Whirlpool Corporation (PRNewsFoto/Whirlpool Corporation)The Company invites investors and the general public to view the webcast of the presentation, which will be available on the events & presentations page of the Company's Investor Relations website, or via the following link.The presentation and an archived recording of the event will also be available on the events & presentations section of the Company's website at www.WhirlpoolCorp.com for at least 30 days.About Whirlpool CorporationWhirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. In an increasingly digital world, the Company is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit, and InSinkErator. In 2023, the Company reported approximately $19 billion in annual sales, 59,000 employees and 55 manufacturing and technology research centers. Additional information about the Company can be found at WhirlpoolCorp.com.CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/whirlpool-corporation-to-present-at-raymond-james-45th-annual-institutional-investors-conference-302070476.htmlSOURCE Whirlpool Corporation

PR Newswire

Whirlpool Corporation to Present at Raymond James' 45th Annual Institutional Investors Conference

https://finance.yahoo.com/news/whirlpool-corporation-present-raymond-james-210500485.html

e6dc46e2-e51f-325f-bc56-7b716f053a2b

WHR

The report highlights company progress against emissions reductions goals, sustainable innovation and investment in people and communitiesNORTHAMPTON, MA / ACCESSWIRE / March 7, 2024 / Whirlpool Corporation (NYSE:WHR) released its 2023 Sustainability Report today, reinforcing the company's commitment to improving life at home through strengthening the sustainability of products and operations; supporting employees, communities and consumers; and continuing accountability."Innovation has always been at the core of Whirlpool Corporation's business, and it's that spirit that has enabled us to make continued progress on our corporate responsibility commitments in 2023," said Marc Bitzer, chairman and CEO of Whirlpool Corporation. "I'm extremely proud of the progress that our employees and organization have made toward our goals this year."The 2023 Whirlpool Corporation Sustainability Report highlights progress on the company's commitments to sustainability including:Sustainable Products and OperationsIn 2023, the company reduced GHG emissions by approximately 25 percent in scopes 1 and 2 market-based compared to the prior year.The company saw a ~7% reduction in scope 3 category 11 GHG emissions, staying on track to reduce emissions from products in use by 20% by 2030, compared to a 2016 baseline.The company announced a revolutionary new innovation-SlimTech Insulation Technology-that can improve refrigerator energy efficiency by up to 50% and has the potential to be reused.The company signed agreements with One Energy to add on-site wind and solar power in its Findlay and Clyde, Ohio operations which are expected to supply at least 70% of the plants' energy needs when operational in 2025.The company's 13 global refurbishment centers collected 410,803 products and refurbished 251,931.Supporting EmployeesMore than 1,400 Whirlpool people leaders completed Unconscious Bias and Empathy training, and more than 15,000 Whirlpool employees completed online Inclusion and Diversity training.The company added the Whirlpool Family Network to its growing list of 19 global Employee Resource Groups to better support and enable parents and caregivers at work and at home.Story continuesSupporting CommunitiesIn 2023 Whirlpool continued its relationship with Habitat for Humanity, contributing $144 million and 1.23 million products serving more than 1 million people globally in 24 years.Through the Consulado da Mulher program in the company's Latin America region, 1,093 women completed entrepreneurial education programs.The company stocked and donated 388 refrigerators across the United States as part of its Feel Good Fridge Program, working towards its goal to fight food insecurity by installing 500 fridges by 2025.The company completed 143 climate-resilient and energy-efficient builds in the United States through Habitat's BuildBetter with Whirlpool initiative.Whirlpool Corporation employees, along with a match by the Whirlpool Foundation, contributed $4.3 million to the United Way.RecognitionWhirlpool Corporation has been recognized for this work with multiple accolades throughout the year, including being named to the Dow Jones Sustainability World Index for the second consecutive year, receiving a score of 100 from the Human Rights Campaign on its 2023-2024 Corporate Equality Index, and being named one of the World's Most Admired Companies by Fortune for the 13th consecutive year."Our company values have always been aligned with our ESG strategy, which means every employee plays a role in reaching milestones associated with our environmental sustainability, social responsibility and corporate governance work," said Pam Klyn, Whirlpool Corporation executive vice president of corporate relations and sustainability. "I'm particularly proud of our progress toward reducing GHG emissions and improving lives and communities through our work with Habitat for Humanity and other organizations around the world."To learn more about Whirlpool Corporation's 2023 Sustainability Report and corporate commitments, visit here: https://whirlpoolcorp.com/2023SustainabilityReport/.View original content here.View additional multimedia and more ESG storytelling from Whirlpool Corporation on 3blmedia.com.Contact Info:Spokesperson: Whirlpool CorporationWebsite: https://www.3blmedia.com/profiles/whirlpool-corporation Email: [email protected]: Whirlpool CorporationView the original press release on accesswire.com

ACCESSWIRE

Whirlpool Corporation Releases 2023 Sustainability Report

https://finance.yahoo.com/news/whirlpool-corporation-releases-2023-sustainability-150000639.html

7de49179-db28-32a1-bc85-17c71dc73ead

WHR

With the S&P 500 index up more than 25% over the past year and 6.5% so far in 2024, it's time to look beyond the usual suspects and toward stocks that haven't participated in the rally so far this year. Whirlpool (NYSE: WHR) and Owens Corning (NYSE: OC) match this description and I think they have the potential to do well through the year. Here's why.Why Whirlpool stock is a buyAs you can see below, the housing market (expressed here in terms of sales of existing homes) doesn't like higher interest rates, and Whirlpool's share price doesn't like a declining housing market.WHR ChartAs such, the uptick in interest rates (which push up mortgage rates) in 2024 on the back of hotter-than-anticipated inflation data is not good news for Whirlpool or, rather, sentiment over its stock.During a recent presentation to investors, management outlined that a quarter of demand for appliances in the U.S. comes from discretionary demand guided by existing home sales, and a further 15% is from the construction of new homes. In other words, 40% of end demand is guided by housing market conditions.Chart by author. Data source: Whirlpool presentations.As such, sentiment over the stock is going to be guided by interest rate movements. However, long-term investors should focus on the underlying improvement in the business coming from refocusing on its core North American market. Whirlpool is about to combine its European business with a subsidiary of a Turkish company, Arcelik, while taking a 25% stake in the new company -- a deal that will pull it out of Europe directly. Whirlpool also cut costs by $800 million in 2023, with a further $300 million to $400 million expected in 2024.Moreover, history suggests that the interest rate cycle will turn, and so will the demand for housing. That will help management achieve its aim of growing earnings before interest and taxation (EBIT) margin to 9% in 2026 from 6.8% in 2024. In addition, management thinks it can hit free cash flow (FCF) of $1.1 billion in 2026, representing 19.5% of the current market cap. If it gets anywhere near that figure, the stock will appreciate significantly.Story continuesWhy Owens Corning stock is a buyWhirlpool's management believes that the slump in existing home sales and housing starts in the U.S. means the industry is set for a multiyear expansion.US Existing Home Sales ChartIf so, then investors should take a close look at roofing, insulation, and composites company Owens Corning, because its management has decided to double down on the U.S. housing market by agreeing to acquire interior and exterior door manufacturer Masonite International for an enterprise value of $4 billion.While the deal comes at a hefty 38% premium to Masonite's share price, it makes sense for Owens Corning. It will strengthen its exposure to U.S. housing, making it a market leader in residential building materials. Owens Corning and Masonite sell to the same types of customers (builders, contractors, distributors, home centers, homeowners, etc.), so there's an obvious opportunity to generate revenue synergies -- meaning the combined company can make more sales than the two would as individual entities.However, since it is harder to make assumptions about revenue synergies, acquiring companies usually outline cost synergies (e.g., sharing sourcing and supply chain and sales, general, and administrative costs), and here Owens Corning believes it can generate $125 million in cost synergy by the end of the second year.Including those synergies means Owens Corning is buying Masonite at a value of 6.8 times earnings before interest, taxation, depreciation, and amortization (EBITDA) rather than the 8.6 times estimated Masonite 2023 EBITDA at the time of the deal.Moreover, management believes the cash flow generated by the new company will enable it to reduce its net debt-to-EBITDA level to just 2 times EBITDA at the end of 2024. In the meantime, the company is conducting a strategic review of its industrial-focused glass reinforcement business, a move that could signal the sale of a non-core business.Image source: Getty Images.If Owens Corning is right and the new company hits $2.9 billion in EBITDA, and the housing market returns to more normal conditions, such as in 2010-2020, the stock could have significant upside if it returns to the kind of enterprise value (market cap plus net debt) to EBITDA levels achieved in that period.OC EV to EBITDA ChartFor example, 8 times EBITDA of $2.9 billion would give the combined company a market cap of $23 billion compared to the $13 billion that Owens Corning currently trades at and the enterprise value of $4 billion its paying for Masonite.All told, Whirlpool and Owens Corning are highly attractive stocks for investors who believe a bull market in housing is coming around the corner.Should you invest $1,000 in Whirlpool right now?Before you buy stock in Whirlpool, 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 Whirlpool 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, 2024Lee Samaha has no position in any of the stocks mentioned. The Motley Fool recommends Owens Corning. The Motley Fool has a disclosure policy.Bull Market and Beyond: 2 Stocks Just Waiting to Soar was originally published by The Motley Fool

Motley Fool

Bull Market and Beyond: 2 Stocks Just Waiting to Soar

https://finance.yahoo.com/news/bull-market-beyond-2-stocks-052700436.html

63faacdc-6bb4-3a75-a865-3d0d08a743fc

WM

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. Importantly, Waste Management, Inc. (NYSE:WM) does carry debt. But should shareholders be worried about its use of debt?What Risk Does Debt Bring?Debt is a tool to help businesses grow, but if a business is incapable of paying off its lenders, then it exists at their mercy. Part and parcel of capitalism is the process of 'creative destruction' where failed businesses are mercilessly liquidated by their bankers. While that is not too common, we often do see indebted companies permanently diluting shareholders because lenders force them to raise capital at a distressed price. By replacing dilution, though, debt can be an extremely good tool for businesses that need capital to invest in growth at high rates of return. When we think about a company's use of debt, we first look at cash and debt together. Check out our latest analysis for Waste Management What Is Waste Management's Debt?The image below, which you can click on for greater detail, shows that at December 2023 Waste Management had debt of US$15.9b, up from US$14.7b in one year. However, because it has a cash reserve of US$458.0m, its net debt is less, at about US$15.4b.debt-equity-history-analysisHow Strong Is Waste Management's Balance Sheet?The latest balance sheet data shows that Waste Management had liabilities of US$4.23b due within a year, and liabilities of US$21.7b falling due after that. Offsetting this, it had US$458.0m in cash and US$2.87b in receivables that were due within 12 months. So it has liabilities totalling US$22.6b more than its cash and near-term receivables, combined.This deficit isn't so bad because Waste Management is worth a massive US$83.6b, and thus could probably raise enough capital to shore up its balance sheet, if the need arose. But it's clear that we should definitely closely examine whether it can manage its debt without dilution.Story continuesWe use two main ratios to inform us about debt levels relative to earnings. The first is net debt divided by earnings before interest, tax, depreciation, and amortization (EBITDA), while the second is how many times its earnings before interest and tax (EBIT) covers its interest expense (or its interest cover, for short). Thus we consider debt relative to earnings both with and without depreciation and amortization expenses.Waste Management has net debt to EBITDA of 2.6 suggesting it uses a fair bit of leverage to boost returns. On the plus side, its EBIT was 7.6 times its interest expense, and its net debt to EBITDA, was quite high, at 2.6. One way Waste Management could vanquish its debt would be if it stops borrowing more but continues to grow EBIT at around 12%, as it did over the last year. The balance sheet is clearly the area to focus on when you are analysing debt. But ultimately the future profitability of the business will decide if Waste Management can strengthen its balance sheet over time. So if you want to see what the professionals think, you might find this free report on analyst profit forecasts to be interesting.Finally, while the tax-man may adore accounting profits, lenders only accept cold hard cash. So the logical step is to look at the proportion of that EBIT that is matched by actual free cash flow. During the last three years, Waste Management produced sturdy free cash flow equating to 61% of its EBIT, about what we'd expect. This cold hard cash means it can reduce its debt when it wants to.Our ViewWe feel that Waste Management's solid conversion of EBIT to free cash flow was really heart warming, like a mid-winter fair trade hot chocolate in a tasteful alpine chalet. But we are a little concerned by its net debt to EBITDA. All these things considered, it appears that Waste Management can comfortably handle its current debt levels. Of course, while this leverage can enhance returns on equity, it does bring more risk, so it's worth keeping an eye on this one. There's no doubt that we learn most about debt from the balance sheet. However, not all investment risk resides within the balance sheet - far from it. Be aware that Waste Management is showing 2 warning signs in our investment analysis , you should know about...At the end of the day, it's often better to focus on companies that are free from net debt. You can access our special list of such companies (all with a track record of profit growth). It's free.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.

Does Waste Management (NYSE:WM) Have A Healthy Balance Sheet?

https://finance.yahoo.com/news/does-waste-management-nyse-wm-110015333.html

5e49c5ad-d17b-365b-b1e0-735d0eae819d

WM

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.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.Is This 1 Momentum Stock a Screaming Buy Right Now?Different than value or growth investors, momentum-oriented investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.Waste Management (WM)Headquartered in Houston, Texas, Waste Management Inc. is a leading provider of comprehensive waste management services in North America. The company provides collection, transfer, recycling and resource recovery, as well as disposal services to residential, commercial, industrial and municipal customers. It is also a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States.WM sits at a Zacks Rank #3 (Hold), holds a Momentum Style Score of A, and has a VGM Score of B. The stock is up 3.2% and up 12% over the past one-week and four-week period, respectively, and Waste Management has gained 37.5% in the last one-year period as well. Additionally, an average of 1,965,400 shares were traded over the last 20 trading sessions.A company's earnings performance is important for momentum investors as well. For fiscal 2024, nine analysts revised their earnings estimate higher in the last 60 days for WM, while the Zacks Consensus Estimate has increased $0.18 to $6.87 per share. WM also boasts an average earnings surprise of 4%.Story continuesWith strong earnings growth, a good Zacks Rank, and top-tier Momentum and VGM Style Scores, investors should think about adding WM to their portfolios.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 reportWaste Management, Inc. (WM) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio

https://finance.yahoo.com/news/why-1-momentum-stock-could-145011308.html

6d2d4ad6-e1d6-3eb8-89a7-1fdb3588ce18

WM

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 WatchlistFor growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.Waste Management (WM)Headquartered in Houston, Texas, Waste Management Inc. is a leading provider of comprehensive waste management services in North America. The company provides collection, transfer, recycling and resource recovery, as well as disposal services to residential, commercial, industrial and municipal customers. It is also a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States.WM boasts a Growth Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 11.5% year-over-year for 2024, while Wall Street anticipates its top line to improve by 6.6%.Nine analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.20 to $6.90 per share for 2024. WM boasts an average earnings surprise of 4%.Looking at cash flow, Waste Management is expected to report cash flow growth of 9.3% this year; WM has generated cash flow growth of 7.6% over the past three to five years.WM should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth 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 reportStory continuesWaste Management, Inc. (WM) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why Waste Management (WM) is a Top Growth Stock for the Long-Term

https://finance.yahoo.com/news/why-waste-management-wm-top-144510497.html

fd6f0c67-0e82-3b9e-9f4b-46dee9df4440

WM

Waste Management, Inc. WM has had an impressive run over the past year. The stock has gained 37.4%, outperforming the 31.6% and 33% growth of the industry it belongs to and the Zacks S&P 500 composite, respectively.What’s Diving the StockBeing a leading provider of comprehensive waste management environmental services, WM is benefiting from ongoing trends like increasing environmental concerns, rapid industrialization, a rise in population and active government measures to reduce illegal dumping. The company’s top line improved 5.7% year over year in the fourth quarter of 2023.Waste Management, Inc. Revenue (TTM)Waste Management, Inc. Revenue (TTM)Waste Management, Inc. revenue-ttm | Waste Management, Inc. QuoteWM continues to execute core operating initiatives targeting focused differentiation and continuous improvement and instilling price and cost discipline to achieve better margins. While differentiation through capitalization of extensive assets ensures long-term profitable growth and competitive advantages, cost control and process improvement help enhance service quality.Waste Management has a dominant market capitalization and a steady dividend, as well as a share repurchase policy. In 2023, 2022 and 2021, the company repurchased shares worth $1.3 billion, $1.5 billion and $1.35 billion, respectively. It paid $1.14 billion, $1.1 billion and $970 million in dividends in 2023, 2022 and 2021, respectively. Waste Management plans to return significant cash to shareholders through healthy dividends and share repurchases in the future as well.Zacks Rank and Stocks to ConsiderWaste Management currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the broader Zacks Business Services sector are Booz Allen Hamilton BAH and Jamf JAMF.Booz Allen Hamilton sports a Zacks Rank of 1 (Strong Buy) at present. It has a long-term earnings growth expectation of 12.6%. You can see the complete list of today’s Zacks #1 Rank stocks here.Story continuesBAH delivered a trailing four-quarter earnings surprise of 12.7%, on average.Jamf has a Zacks Rank of 2 (Buy) at present. It has a long-term earnings growth expectation of 22.5%.JAMF delivered a trailing four-quarter earnings surprise of 49.4%, on average.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 reportWaste Management, Inc. (WM) : Free Stock Analysis ReportBooz Allen Hamilton Holding Corporation (BAH) : Free Stock Analysis ReportJamf Holding Corp. (JAMF) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Waste Management (WM) Shares Gain 37% in a Year: Here's How

https://finance.yahoo.com/news/waste-management-wm-shares-gain-170500724.html

f4622303-542a-362c-80d2-6b56c33a6558

WMB

The Williams Companies, Inc.'s (NYSE:WMB) dividend will be increasing from last year's payment of the same period to $0.475 on 25th of March. This takes the dividend yield to 5.4%, which shareholders will be pleased with. See our latest analysis for Williams Companies Williams Companies' Payment Has Solid Earnings CoverageWhile it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. The last dividend was quite easily covered by Williams Companies' earnings. This means that a large portion of its earnings are being retained to grow the business.EPS is set to fall by 8.6% over the next 12 months. If the dividend continues along recent trends, we estimate the payout ratio could be 73%, which we consider to be quite comfortable, with most of the company's earnings left over to grow the business in the future.historic-dividendWilliams Companies Has A Solid Track RecordThe company has a sustained record of paying dividends with very little fluctuation. Since 2014, the dividend has gone from $1.41 total annually to $1.90. This means that it has been growing its distributions at 3.0% per annum over that time. Dividends have grown relatively slowly, which is not great, but some investors may value the relative consistency of the dividend.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 Williams Companies has grown earnings per share at 55% per year over the past five years. The company doesn't have any problems growing, despite returning a lot of capital to shareholders, which is a very nice combination for a dividend stock to have.We Really Like Williams Companies' DividendIn summary, it is always positive to see the dividend being increased, and we are particularly pleased with its overall sustainability. The earnings easily cover the company's distributions, and the company is generating plenty of cash. However, it is worth noting that the earnings are expected to fall over the next year, which may not change the long term outlook, but could affect the dividend payment in the next 12 months. All of these factors considered, we think this has solid potential as a dividend stock.Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. However, there are other things to consider for investors when analysing stock performance. Case in point: We've spotted 2 warning signs for Williams Companies (of which 1 is significant!) you should know about. 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.

Williams Companies (NYSE:WMB) Will Pay A Larger Dividend Than Last Year At $0.475

https://finance.yahoo.com/news/williams-companies-nyse-wmb-pay-125538046.html

2eb344b6-584c-3dd9-a5c7-f587d7918573

WMB

Monday, February 26, 2024The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including JPMorgan Chase & Co. (JPM), Salesforce, Inc. (CRM) and Vertex Pharmaceuticals Inc. (VRTX). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.You can see all of today’s research reports here >>>Shares of JPMorgan Chase have outperformed the Zacks Banks - Major Regional industry over the past year (+33.1% vs. +11.9%). High interest rates, buyouts, opening new branches and decent loan demand will aid net interest income (NII), though rising funding costs will weigh on it.Despite some green shoots in the investment banking (IB) business, IB fees are less likely to improve anytime soon. This, along with the volatile nature of the capital markets business and high mortgage rates, will likely hamper fee income growth.(You can read the full research report on JPMorgan Chase here >>>)Shares of Salesforce have outperformed the Zacks Computer - Software industry over the past year (+79.5% vs. +59.8%). The company is benefiting from a robust demand environment as customers are undergoing a major digital transformation. Salesforce’s sustained focus on aligning products with customer needs is driving the top line.Continued deal wins in the international market are another growth driver. The buyout of Slack has positioned the company as a leader in enterprise team collaboration and improved its competitive standing versus Microsoft Teams. Salesforce’s strategy of continuously expanding generative AI offerings will help the company tap the growing opportunities in the space.However, stiff competition and unfavorable currency fluctuations are concerns. Also, the challenging macroeconomic environment could hurt its growth prospects.(You can read the full research report on Salesforce here >>>)Shares of Vertex Pharmaceuticals have outperformed the Zacks Medical - Biomedical and Genetics industry over the past year (+49.7% vs. -6.1%). The company’s cystic franchise sales continue to grow, driven by its triple therapy, Trikafta/Kaftrio. New reimbursement agreements in ex-U.S. markets and label expansions to younger age groups are driving Trikafta/Kaftrio sales higher.Vertex saw rapid success in its non-CF pipeline candidates’ development in 2023. Its one-shot gene therapy, Casgevy, was approved for two blood disorders in multiple regions, which diversified its commercial opportunity.Vertex is on track to submit regulatory applications for VX-548 in acute pain and for vanzacaftor triple in CF by mid-2024. Vertex faces minimal competition in its core CF franchise.(You can read the full research report on Vertex Pharmaceuticals here >>>)Other noteworthy reports we are featuring today include Palo Alto Networks, Inc. (PANW), Fiserv, Inc. (FI) and The Williams Companies, Inc. (WMB).Mark VickerySenior EditorNote: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>Story continuesToday's Must ReadBuyouts, Rates & Loans Aid JPMorgan (JPM), Fee Income AilsSalesforce (CRM) Rides on Portfolio Strength and BuyoutsVertex (VRTX) Enjoys a Strong Non-Cystic Fibrosis PipelineFeatured ReportsPalo Alto (PANW) Rides on Shift to Subscription ServicesPer the Zacks analyst, Palo Alto Networks' focus on selling more subscription-based services is helping the company generate stable revenues and higher margins.Fiserv (FI) Gains From Skytef Buyout, Amid High CompetitionPer the Zacks analyst, the Skytef acquisition strengthens Fiserv's distribution network and point-of-sale. High competition from other players is an overhang.Transco Pipeline System Aids Williams (WMB) Amid Debt WoesWhile Williams' expansion projects for its core Transco system of pipelines should buoy its revenues and cash flows, the Zacks analyst is worried over the high long-term debt load of $23.4 billion.Expansion Efforts to Aid Carvana (CVNA), High Debt AilsThe Zacks analyst is optimistic about Carvana's efforts to increase its penetration in existing markets, enter new markets and gain more customers. However, elevated leverage remains a concern.Tapestry (TPR) Hurt by Low Kate Spade Sales, High SG&A CostsPer the Zacks analyst, Tapestry's soft Kate Spade sales are a concern, which is likely to persist in the near term. Apart from this, the company remains troubled by high adjusted SG&A expenses.Solid Top-Line, Strong Cash Flow Aid American Financial (AFG)Per the Zacks analyst, strong revenues driven by higher net investment income, net earned premiums have led to significant growth. Moreover, its healthy balance sheet should drive long-term growth.Crocs' (CROX) Margins Benefit From Lower Freight ExpensesPer the Zacks analyst, lower inbound freight costs have been aiding Crocs' margins for a while now. Also, favorable ocean freight rates and lower promotional activity are acting as tailwinds.New UpgradesFavorable Budget, Solid Contract Wins Aid Leidos (LDOS)Per the Zacks analyst, increasing budgetary revisions by the U.S. administration should boost Leidos' growth. Steady contract wins also bolster this stock's revenue prospectsBuild-To-Order Model & Expansion Efforts Aid Toll Brothers (TOL)Per the Zacks analyst, Toll Brothers is benefiting from its Build-To-Order model and expansion efforts. Also, the emphasis on affordable luxury communities bode well.Lantheus (LNTH) Rides on its Strength in RadiopharmaceuticalsThe Zacks analyst is upbeat about Lantheus' market leadership in radiopharmaceuticals and focus on pipeline development.New DowngradesThird-Party Dependency, Seasonality Ail Clearway Energy (CWEN)Per the Zacks analyst Clearway Energy's dependence on third-party assets can adversely impact its ability to serve customers. Its operating results are negatively impacted due to weather variability.Keysight (KEYS) Plagued by Soft Demand in Multiple End MarketsPer the Zacks analyst, demand softness in consumer and industrial electronics markets will likely hinder Keysight's top line. Macroeconomic challenges remain a headwind.CoStar Group (CSGP) Suffers from Higher Borrowing CostsPer the Zacks analyst, CoStar Group suffers from challenging macroeconomic conditions including higher borrowing costs, tight lending standards, and deteriorating real estate fundamentals.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 reportJPMorgan Chase & Co. (JPM) : Free Stock Analysis ReportWilliams Companies, Inc. (The) (WMB) : Free Stock Analysis ReportSalesforce Inc. (CRM) : Free Stock Analysis ReportVertex Pharmaceuticals Incorporated (VRTX) : Free Stock Analysis ReportPalo Alto Networks, Inc. (PANW) : Free Stock Analysis ReportFiserv, Inc. (FI) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Top Stock Reports for JPMorgan Chase, Salesforce & Vertex Pharmaceuticals

https://finance.yahoo.com/news/top-stock-reports-jpmorgan-chase-190600400.html

e05d9d55-ec03-3fea-bff6-d505e80458be

WMB

Assessing the Sustainability of Williams Companies Inc's DividendWilliams Companies Inc (NYSE:WMB) recently announced a dividend of $0.48 per share, payable on 2024-03-25, with the ex-dividend date set for 2024-03-07. 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 Williams Companies Inc's dividend performance and assess its sustainability.What Does Williams Companies Inc Do?Warning! GuruFocus has detected 7 Warning Signs with WMB.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?Williams Companies is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.Williams Companies Inc's Dividend AnalysisA Glimpse at Williams Companies Inc's Dividend HistoryWilliams Companies Inc has maintained a consistent dividend payment record since 1985. Dividends are currently distributed on a quarterly basis. Below is a chart showing annual Dividends Per Share for tracking historical trends.Breaking Down Williams Companies Inc's Dividend Yield and GrowthAs of today, Williams Companies Inc currently has a 12-month trailing dividend yield of 4.90% and a 12-month forward dividend yield of 5.19%. This suggests an expectation of increased dividend payments over the next 12 months.Over the past three years, Williams Companies Inc's annual dividend growth rate was 3.80%. Extended to a five-year horizon, this rate increased to 5.10% per year. And over the past decade, Williams Companies Inc's annual dividends per share growth rate stands at -0.50%.Based on Williams Companies Inc's dividend yield and five-year growth rate, the 5-year yield on cost of Williams Companies Inc stock as of today is approximately 6.28%.Story continuesWilliams Companies 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, Williams Companies Inc's dividend payout ratio is 0.80. And this may suggest that the company's dividend may not be sustainable.Williams Companies Inc's profitability rank, offers an understanding of the company's earnings prowess relative to its peers. GuruFocus ranks Williams Companies Inc's profitability 7 out of 10 as of 2023-12-31, suggesting good profitability prospects. The company has reported net profit in 7 out of the past 10 years.Growth Metrics: The Future OutlookTo ensure the sustainability of dividends, a company must have robust growth metrics. Williams Companies Inc's growth rank of 7 out of 10 suggests that the company's growth trajectory is good relative to its competitors.Revenue is the lifeblood of any company, and Williams Companies Inc's revenue per share, combined with the 3-year revenue growth rate, indicates a strong revenue model. Williams Companies Inc's revenue has increased by approximately 12.00% per year on average, a rate that underperforms than approximately 51.81% 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, Williams Companies Inc's earnings increased by approximately 24.20% per year on average, a rate that underperforms than approximately 44.79% of global competitors.Lastly, the company's 5-year EBITDA growth rate of 23.40%, which underperforms than approximately 28.57% of global competitors.Next StepsIn conclusion, Williams Companies Inc's upcoming dividend payout, along with its history of consistent dividend payments, provides an attractive proposition for income-focused investors. However, the sustainability of these dividends is a nuanced matter, hinging on several factors including the payout ratio, profitability, and growth metrics. While the company's profitability rank and growth trajectory appear promising, the payout ratio and comparison with global competitors suggest there may be areas to watch closely. As Williams Companies Inc navigates the dynamic energy sector, investors should consider these factors in their overall assessment of the stock's dividend prospects.GuruFocus Premium users can screen for high-dividend yield stocks using 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

Williams Companies Inc's Dividend Analysis

https://finance.yahoo.com/news/williams-companies-incs-dividend-analysis-100705316.html

de545cb9-df5f-3ca9-94d6-88a958721236

WMB

The latest trading session saw Williams Companies, Inc. (The) (WMB) ending at $35.92, denoting a -1.67% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 1.03%. Meanwhile, the Dow gained 0.34%, and the Nasdaq, a tech-heavy index, added 1.51%.Shares of the pipeline operator have appreciated by 6.53% over the course of the past month, outperforming the Oils-Energy sector's gain of 4.1% and the S&P 500's gain of 3.21%.The investment community will be closely monitoring the performance of Williams Companies, Inc. (The) in its forthcoming earnings report. It is anticipated that the company will report an EPS of $0.51, marking an 8.93% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.89 billion, down 6.1% from the prior-year quarter.For the full year, the Zacks Consensus Estimates are projecting earnings of $1.88 per share and revenue of $11.46 billion, which would represent changes of -1.57% and +41.06%, respectively, from the prior year.Investors should also pay attention to any latest changes in analyst estimates for Williams Companies, Inc. (The). Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 6.25% fall in the Zacks Consensus EPS estimate. Right now, Williams Companies, Inc. (The) possesses a Zacks Rank of #3 (Hold).Story continuesFrom a valuation perspective, Williams Companies, Inc. (The) is currently exchanging hands at a Forward P/E ratio of 19.39. This signifies a premium in comparison to the average Forward P/E of 15.42 for its industry.We can also see that WMB currently has a PEG ratio of 5.54. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Oil and Gas - Production and Pipelines industry was having an average PEG ratio of 4.39.The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 173, this industry ranks in the bottom 32% of all industries, numbering over 250.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.Be sure to follow all of these stock-moving metrics, and many 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 reportWilliams Companies, Inc. (The) (WMB) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Williams Companies, Inc. (The) (WMB) Stock Falls Amid Market Uptick: What Investors Need to Know

https://finance.yahoo.com/news/williams-companies-inc-wmb-stock-231516277.html

91af430b-19a8-35e8-a37b-9230e95a09d0

WMT

Investors are keeping an eye on shares of Walmart (WMT) after the retailer enacted a 3-for-1 stock split on Friday after the market close. People who own Walmart will now have more shares than they did last week, while people who are looking to buy the stock can now get it at a lower price.Yahoo Finance's Madison Mills reports on the split.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 Stephanie MikulichVideo TranscriptSEANA SMITH: Time for today's stock to watch, and that is Walmart. 3-for-1 stock split going into effect today after closing at 175.56 on Friday. Now, pre-market trading accounting for the stock split with the retail giant trading just around 59 here in pre-market activity. Yahoo Finance's Madison Mills is on the floor of the New York Stock Exchange with the breakdown. Madison.MADISON MILLS: Yeah, Seana. So folks here at NYSE reminding me and our viewers to not spit out your coffee when you see that Walmart is trading near 60 bucks a share heading into the market open coming up in about 15 minutes here. That lowered share price is going to be due to exactly what you mentioned, that 3-for-1 stock split.And this comes as the CEO was saying on the earnings call that it was important to the Walton's family always that the stock was accessible for employees. Remember that Walmart is the largest employer in the US and certainly the largest brick and mortar retailer as well. So that's part of the reason that's driving this stock split.It's also another one of the companies this earnings cycle upping their dividends-- the 9% hike. So you're going to get about $0.83 annually for that dividend-- a big payout there. But certainly bigger if you are one of those employees participating in this stock program that Walmart offers its employees, which also includes a match from Walmart, the company as well.The reason this is our stock to watch, though, and what I want to point out to our audience is if you look at the Yahoo Finance platform right now on YF+, you can see that this stock is trading near the top of the 52-week range, but just at the bottom of the day's range. So I'm curious to see what happens heading into the market open, if some of those orders that folks put in to be able to get in on this stock once it's a little bit lower are going to up the stock price. We'll see coming up in about 15 minutes here.BRAD SMITH: All right, Maddie. Thanks so much. Taking a look at shares of WMT going into the opening cross just about as you mentioned 14, 15 minutes away from right now. We'll check back in Maddie.

Yahoo Finance Video

Walmart's 3-for-1 stock split goes into effect

https://finance.yahoo.com/video/walmarts-3-1-stock-split-143841058.html

73ffacd0-f215-370b-bd2f-9be963eba022

WMT

In this article, we will look at the 16 remote jobs that pay at least $40 per hour. We have also discussed the growth of remote work in the US. If you want to skip our detailed analysis, head straight to the 5 Remote Jobs That Pay at Least $40 Per Hour. The job market for remote workers is experiencing dynamic shifts across various cities. According to research from the US National Bureau of Economic Research (NBER), conducted over a span of nearly a decade, the growth of remote jobs varies significantly among English-speaking countries. The study, analyzing over 250 million job vacancies offering remote or hybrid work, highlights the pronounced rise of remote work in urban centers, particularly in cities like Washington, D.C., San Francisco, London, and Sydney. This trend is unsurprising, given the prevalence of white-collar jobs in these areas, which are more amenable to remote work arrangements. Moreover, the research underscores the lasting impact of the Covid-19 pandemic on remote work adoption globally. While initial spikes were observed in countries with severe outbreaks, remote work has persisted as a popular choice beyond the pandemic's peak. Factors such as infrastructure and the prevalence of remote-capable industries significantly influence a city's remote work landscape. However, regional disparities persist, with southern cities in the U.S. exhibiting lower rates of remote job availability compared to their northeastern and western counterparts, owing to differences in industry composition and job demands.In the quest for remote employment, the odds are increasingly stacked against applicants, particularly for lucrative positions. For example, Christopher Foose, 42, illustrates the struggle, having sent out approximately 50 applications weekly in a landscape inundated with competition. His experience mirrors a broader trend: data from Indeed indicates a decline in remote and hybrid job postings from a peak of 10.3% in February 2022 to 8.3% by November, particularly affecting high-paying roles. Six-figure hybrid job postings plummeted by 69%, while remote jobs at the same pay level dipped by 12% at the end of 2023. Companies seem to favor in-office presence for top earners, citing the benefits of collaboration and leadership.Story continuesDespite the dwindling availability of remote work, experts emphasize strategic approaches for job seekers. It is advised to focus on a specific remote role, dedicating regular time to the job hunt, and managing expectations within a fiercely competitive market. Speaking of remote work, in February 2024, Walmart Inc (NYSE:WMT) is offering numerous remote and hybrid job opportunities, challenging the stereotype of being solely a retail chain. Despite lacking user-friendly filters on their career website, Walmart Inc (NYSE:WMT) caters to remote and hybrid work setups for various positions. While the company's approach to remote work has fluctuated, it still focuses on flexibility which is evident in its global operations and job listings. Roles like Senior Data Scientist, Remote Client Support Officer, and Software Engineer confirm how Walmart Inc (NYSE:WMT) is adapting to remote work trends. However, prospective remote workers should carefully assess their suitability for such roles, considering factors like isolation and self-discipline. In navigating Walmart Inc (NYSE:WMT)’s remote job landscape, individuals encounter challenges like deciphering unclear remote work policies and balancing in-person interactions. Despite these hurdles, Walmart Inc (NYSE:WMT) is a viable option for those seeking remote employment, albeit with some caveats regarding physical presence expectations and relocation packages. As remote work gains traction, succeeding in this environment demands finding the right role, advocating for oneself, and leveraging available resources for job seekers. Target Corp (NYSE:TGT), a retail giant with nearly 2,000 stores nationwide, employs around 440,000 individuals across various positions. Although primarily a front-facing industry, Target Corp (NYSE:TGT) offers a limited number of remote job opportunities, with only 22 fully remote positions available in the US as of the latest update. These remote roles often come with salaries above the national median, such as a sourcing manager in the pets division with a salary range of $67,600 to $121,700 annually or a Principal Product Manager with a range of $141,600 to $254,900.Most remote positions at Target Corp (NYSE:TGT) are back-office roles, spanning departments like software engineering, design, legal, and marketing. However, certain restrictions apply, with some states not eligible for remote work exceeding 30 days in a calendar year. Despite evolving work arrangements post-pandemic, Target Corp (NYSE:TGT) continues to provide flexibility with hybrid work models, accommodating both onsite and virtual contributions in roles like UX Design Project Manager and Packaging-Principal Value Engineer.16 Remote Jobs That Pay at Least $40 Per HourA finanical sector worker working on a laptop in front of a row of cubicles.MethodologyFor our list of remote jobs that pay atleast $40 per hour, our methodology involved gathering information from online platforms such as Upwork.com, Indeed.com, and Reddit to identify trends and common opinions about the highest paying remote jobs with salaries above $40 per hour. The list is presented in an ascneding order. It is important to note that the rankings, as well as many jobs, may vary with salaries because of the fact that thousands of remote jobs pay well, and in many cases, salaries can vary for the same job depending on different factors, so the limitations of the list should be considered.By the way, Insider Monkey is an investing website that uses a consensus approach to identify the best stock picks of more than 900 hedge funds investing in US stocks. The website tracks the movement of corporate insiders and hedge funds. Our top 10 consensus stock picks of hedge funds outperformed the S&P 500 stock index by more than 140 percentage points over the last 10 years (see the details here). So, if you are looking for the best stock picks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.Here is a list of remote jobs that pay atleast $40 per hour:16. Financial AnalystPotential Salary: $40/hrA financial analyst evaluates financial data to aid businesses and individuals in making investment decisions. The job is responsible for assessing company performance, analyzing market trends, creating financial models, and offering recommendations on investments, mergers, acquisitions, and other financial strategies to maximize returns and mitigate risks.American Express Company (NYSE:AXP) is one of the companies that hires remote financial analysts. 15. TeletherapistPotential Salary: $44.62/hrTeletherapy breaks down geographical barriers, enabling individuals in remote locations or with mobility constraints to access essential mental health assistance. Furthermore, the confidentiality and privacy facilitated by teletherapy can attract individuals who may be apprehensive about pursuing conventional face-to-face therapy.Aligned with the movement toward accessible and convenient healthcare, Teladoc Health Inc (NYSE: TDOC) offers patients the opportunity to engage with healthcare professionals remotely. Through the provision of on-demand medical consultations, mental health services, and management of chronic conditions, Teladoc Health Inc (NYSE: TDOC) caters to the growing demand for virtual healthcare, thereby expanding access to a wider demographic.14. Technical WriterPotential Salary: $45/hrTechnical writing is a high-paying remote job owing to its specialized skill set, which combines technical expertise with clear communication. In remote settings, companies value self-sufficiency and effective collaboration, qualities often found in technical writers. It is one of the easiest high-paying remote jobs in the world. 13. Speed Language PathologistPotential Salary: $48.39/hrA Speed Language Pathologist is a highly specialized professional who offers rapid, efficient, and effective therapy for individuals with speech, language, and communication disorders. Their unique skill set enables them to diagnose and treat patients swiftly, leading to faster progress and improved outcomes. Due to the increasing demand for such services and the impact they make on clients' lives, Speed Language Pathologists command high salaries. 12. Project ManagerPotential Salary: $48.85/hrA project manager is a professional responsible for planning, organizing, leading, and controlling resources to achieve specific goals within a defined timeframe and budget. They oversee projects from inception to completion, ensuring effective communication, risk management, and stakeholder satisfaction while adhering to project constraints and objectives.To read more about project managers, see the highest paying countries for project managers. 11. Product ManagerPotential Salary: $56.54/hrA product manager plays a crucial role in aligning customer needs with business goals, guiding product development, and ensuring successful delivery. They bridge communication gaps between stakeholders, prioritize features, and adapt strategies based on market feedback, ultimately driving innovation, efficiency, and customer satisfaction.10. Lead Software EngineerPotential Salary: $58.92/hrLead software engineers command high salaries, even in remote positions, due to their expertise, leadership skills, and ability to drive complex projects to success. Remote work doesn't diminish their value; instead, it offers flexibility and access to a global talent pool. Additionally, companies understand the importance of retaining top talent in a competitive market, thus they are willing to offer competitive compensation packages to attract and retain skilled professionals, regardless of their location.9. Data ScientistPotential Salary: $59.4/hrAccording to the US Bureau of Labor Statistics, data scientist positions are anticipated to see a substantial 36% growth from 2021 to 2031. Similarly, operations research analyst (or data analyst) roles are forecasted to experience a 23% increase, reflecting another field with significant growth potential.Given the high demand and specialized skill set required, careers in data science typically offer lucrative compensation. Data science has become integral to numerous industries, ranging from healthcare and retail to technology, offering a wide array of opportunities for specialization. If you're considering entering this field, enhancing your expertise in statistics, mathematics, programming, coding, and software development could prove beneficial.It is one of the jobs that pay $40 an hour without a degree.8. UX ResearcherPotential Salary: $59.8/hrA UX (User Experience) Researcher investigates user behaviors, needs, and preferences to inform the design and development of digital products and services. They employ various methodologies such as interviews, surveys, and usability testing to gather insights, ultimately aiming to enhance the usability, accessibility, and satisfaction of the user experience.It is one of the high-paying remote jobs without experience. 7. Full Stack DeveloperPotential Salary: $62.28/hrA Full Stack Developer possesses proficiency in both frontend and backend development, enabling them to build entire web applications from start to finish. This versatility is highly advantageous as it allows them to understand the entire development process, collaborate effectively with different teams, and swiftly troubleshoot issues across the entire application stack. It is one of the jobs that pay atleast $50 an hour in work from home. 6. Computer Network ArchitectPotential Salary: $62.30/hrComputer Network Architects are highly paid owing to their specialized skills in designing, implementing, and maintaining complex network infrastructures. With increasing reliance on technology, demand for skilled network architects surges, leading to competitive compensation packages. Additionally, their role directly impacts business continuity, productivity, and innovation, making them indispensable assets for organizations, hence justifying the high salaries commensurate with their expertise and responsibilities. To read more about remote jobs, see 30 High-Paying Remote Jobs Without a Degree or Experience.Click here to see the 5 Remote Jobs That Pay at Least $40 Per Hour.Suggested Articles:30 Best Places to Live While Working Remotely30 High-Paying Remote Jobs Without a Degree or Experience25 Best Work from Home Jobs Disclosure: None. 16 Remote Jobs That Pay at Least $40 Per Hour is originally published on Insider Monkey.

Insider Monkey

16 Remote Jobs That Pay at Least $40 Per Hour

https://finance.yahoo.com/news/16-remote-jobs-pay-least-111509872.html

a8fa48c8-4f4f-329c-8f79-8afbbfdc63ad

WMT

Fool.com contributor Parkev Tatevosian compares Walmart (NYSE: WMT) and Target (NYSE: TGT) to determine the better buy for passive income investors.*Stock prices used were the afternoon prices of March 9, 2024. The video was published on March 11, 2024.Should you invest $1,000 in Target right now?Before you buy stock in Target, 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 Target 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 11, 2024Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target and Walmart. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.Should Passive Income Investors Buy Walmart Stock Instead of Target Stock? was originally published by The Motley Fool

Motley Fool

Should Passive Income Investors Buy Walmart Stock Instead of Target Stock?

https://finance.yahoo.com/news/passive-income-investors-buy-walmart-211743832.html

222209eb-ad9e-3f20-97ef-dcb477296958

WMT

Competition in delivery services, seen as a key way to keep customers coming back, has intensified as two of America’s largest retailers made moves over the past week. On March 5, Target introduced Target Circle 360, a paid tier in its loyalty program that will offer same-day delivery when it starts operating in early April. Two days later, Walmart said orders placed in early morning could be delivered in less than an hour.Continue reading

Barrons.com

Delivery Is Retail’s New Game. How the Players Stack Up.

https://finance.yahoo.com/m/525a504a-8566-3523-9a0d-639c838ffd9e/delivery-is-retail%E2%80%99s-new.html

525a504a-8566-3523-9a0d-639c838ffd9e

WRB

It has been about a month since the last earnings report for W.R. Berkley (WRB). Shares have added about 2.9% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is W.R. Berkley 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 catalysts.W.R. Berkley's Q4 Earnings Beat on Higher PremiumsW.R. Berkley Corporation’s fourth-quarter 2023 operating income of $1.45 per share beat the Zacks Consensus Estimate of $1.35 by 7.4%. The bottom line improved 25% year over year.The insurer benefited from higher premiums, a rise in the core portfolio, increased underwriting income and an improvement in the loss ratio.Behind the HeadlinesW.R. Berkley’s net premiums written were $2.7 billion, up 12% year over year. The figure was lower than our estimate of $2.8 billion.Operating revenues came in at $3.2 billion, up 9.3% year over year, on the back of higher net premiums earned as well as improved net investment income. The top line beat the consensus estimate by 1.3%.Net investment income surged 35.5% to a record $313.3 million, driven by a 52.9% increase in the core portfolio. The figure was higher than our estimate of $276 million.Total expenses increased 7.3% to $2.7 billion, primarily due to higher losses and loss expenses and other operating costs and expenses. The figure matched our estimate.The loss ratio improved 60 basis points (bps) to 60, while the expense ratio deteriorated 60 bps year over year to 28.4.Catastrophe losses of $32 million in the quarter were wider than the $30.8 million incurred in the year-ago quarter.Pre-tax underwriting income increased 8.2% to $315.9 million. The consolidated combined ratio (a measure of underwriting profitability) remained flat year over year to 88.4.Story continuesSegment DetailsNet premiums written at the Insurance segment increased 12.2% year over year to $2.4 billion in the quarter, primarily due to higher premiums from other liability, short-tail lines, workers' compensation and auto. The figure was lower than our estimate of $2.5 billion.The combined ratio deteriorated 20 bps to 89.4.Net premiums written in the Reinsurance & Monoline Excess segment increased 10.2% year over year to $309.3 million on higher premiums at property reinsurance and monoline excess. The figure was higher than our estimate of $307.4 million.The combined ratio improved 160 bps to 81.2.Full-Year HighlightsOperating income of $4.92 per share beat the Zacks Consensus Estimate by 1.8%. The bottom line improved 12.3% year over year.Operating revenues came in at $12 billion, up 10.3% year over year, on the back of higher net premiums earned as well as improved net investment income and increased revenues from non-insurance businesses. The top line came in line with the consensus estimate.W.R. Berkley’s net premiums written were $10.9 billion, up 9.5% year over year. The figure was lower than our estimate of $11.1 billion.Pre-tax underwriting income was $1.1 billion. The consolidated combined ratio was 89.7, which deteriorated 40 bps year over year.Financial UpdateW.R. Berkley exited 2023 with total assets worth $37.2 billion, up 9.8% from year-end 2022. Senior notes and other debt decreased 0.04% from 2022 end levels to $1.8 billion.Book value per share increased 14% from 2022 end levels to $29.06 as of Dec 31, 2023.Cash flow from operations was $2.9 million in 2023, up 14% year over year.Operating return on equity expanded 380 bps to 23.2%.Capital DeploymentWRB returned $1 billion, consisting of $537.2 million of share repurchases, $390 million of special dividends and $111.4 million of regular dividends.How Have Estimates Been Moving Since Then?It turns out, estimates revision have trended upward during the past month.VGM ScoresCurrently, W.R. Berkley has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise W.R. Berkley has a Zacks Rank #2 (Buy). We expect an above average 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 reportW.R. Berkley Corporation (WRB) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why Is W.R. Berkley (WRB) Up 2.9% Since Last Earnings Report?

https://finance.yahoo.com/news/why-w-r-berkley-wrb-163030098.html

f9cfd98b-61d2-3b3d-909f-6901e9645a3d

WRB

WR Berkley Corp's robust commercial insurance offerings and specialized knowledge provide a competitive edge in niche markets.Despite a strong market position, WR Berkley faces challenges from economic fluctuations and intense industry competition.Opportunities for growth through new ventures and international expansion are counterbalanced by threats from natural catastrophes and cybersecurity risks.Strategic capital allocation and a decentralized operational model underpin the company's adaptability and resilience.Warning! GuruFocus has detected 6 Warning Sign with WRB.On February 23, 2024, WR Berkley Corp (NYSE:WRB), a prominent insurance holding company specializing in commercial casualty insurance, filed its annual 10-K with the SEC. This SWOT analysis delves into the company's financial health and strategic positioning based on the latest filing. WR Berkley Corp reported robust net premiums written across its insurance and reinsurance segments, reflecting its strong market presence and diversified product offerings. With a high-quality balance sheet and strategic capital allocation, the company is well-positioned to navigate the dynamic insurance landscape. This analysis aims to provide investors with a comprehensive understanding of WR Berkley Corp's internal and external factors that influence its performance and future prospects.Decoding WR Berkley Corp (WRB): A Strategic SWOT InsightStrengthsMarket Position and Brand Reputation: WR Berkley Corp's market position is fortified by its A+ (Superior) rating from A.M. Best and strong ratings from other agencies like S&P, Moody's, and Fitch. These ratings are a testament to the company's financial stability and reliability, which bolster its brand reputation. The company's decentralized operational model allows for swift adaptation to market changes and customer needs, providing a competitive advantage in the insurance industry. Furthermore, the company's focus on specialized knowledge and customer-centric services in niche markets enhances its ability to deliver tailored insurance solutions.Story continuesFinancial Performance and Capital Management: The company's financial performance is characterized by a consistent increase in net premiums written, indicating a growing demand for its insurance products. WR Berkley Corp's prudent capital management strategy, including a high-quality balance sheet and disciplined underwriting practices, ensures long-term profitability and risk-adjusted returns. This financial strength enables the company to invest in growth opportunities and weather economic downturns effectively.WeaknessesExposure to Economic Cycles and Competitive Pressure: The insurance industry is inherently cyclical, and WR Berkley Corp is not immune to these fluctuations. Economic downturns and shifts in demand and pricing can adversely affect the company's profitability. Additionally, the company faces intense competition from both established players and new entrants, which could pressure premium rates and market share. The need to continuously innovate and differentiate its offerings is crucial to maintaining a competitive edge.Regulatory and Compliance Risks: As an insurance provider, WR Berkley Corp must navigate a complex regulatory landscape that varies across different geographies. Compliance with evolving regulations and standards requires significant resources and can impact the company's operational flexibility. Any lapses in compliance could result in fines, reputational damage, and a loss of customer trust, which are critical for an insurance company.OpportunitiesInternational Expansion and New Ventures: WR Berkley Corp has the opportunity to expand its international footprint and enter new markets, leveraging its expertise in niche insurance products. The company's strategy of starting new businesses when the right talent and market opportunities align could lead to the discovery of untapped markets and drive growth. Additionally, the company's interest in evaluating acquisitions offers the potential to diversify its portfolio and enhance its product offerings.Technological Advancements and Cybersecurity Solutions: The rise of digital technologies presents an opportunity for WR Berkley Corp to innovate its services and improve customer engagement. Investing in cybersecurity solutions and risk management products can address the growing demand for protection against digital threats. As cyber risks continue to evolve, the company's focus on specialty commercial cyber insurance positions it to capitalize on this expanding market segment.ThreatsNatural Catastrophes and Climate Change: WR Berkley Corp's exposure to natural and man-made catastrophic events poses a significant threat to its operations. Climate change may increase the frequency and severity of these events, leading to higher claims and financial losses. While reinsurance can mitigate some risks, the impact of large-scale disasters can still be substantial on the company's financial results.Economic and Market Volatility: Fluctuations in the economy, such as inflation, interest rates, and credit market volatility, can adversely affect WR Berkley Corp's investment portfolio and underwriting profitability. The company must remain vigilant in managing its investment risks and adapting its strategies to navigate these economic challenges effectively.In conclusion, WR Berkley Corp (NYSE:WRB) demonstrates a strong market position with a diversified portfolio of insurance products and a focus on specialized knowledge and customer-centric services. However, the company must continue to navigate economic cycles, competitive pressures, and regulatory challenges. Opportunities for international expansion and leveraging technological advancements are promising, but threats from natural catastrophes and economic volatility require strategic risk management. Overall, WR Berkley Corp's strengths and opportunities suggest a resilient outlook, while its weaknesses and threats highlight areas for strategic focus and improvement.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 WR Berkley Corp (WRB): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-wr-berkley-corp-wrb-050713008.html

c73dc0e2-f263-36e9-aa26-a27ab6b80cc9

WRB

For Immediate ReleaseChicago, IL – March 7, 2024 – Stocks in this week’s article are Iron Mountain Inc. IRM, Suzano S.A. SUZ, Tapestry, Inc. TPR, HCA Healthcare, Inc. HCA and W. R. Berkley Corp. WRB.Buy 5 High ROE Stocks as Markets Slide on Tech Sector WoesThe broader U.S. equity markets witnessed a steady downtrend over the past couple of trading days after registering their first closing record since November 2021 last week. The uptrend was buoyed by healthy inflation data, with the core personal consumption expenditures price index for January increasing 0.4% month-over-month and 2.8% on a year-over-year basis – on par with broad-based expectations. The optimism was further boosted by AI-focused thrust.However, the gain was more than wiped off as markets were pulled back by sharp declines witnessed by leading blue-chip firms from the technology sector. With a loss of more than 2%, the S&P 500′s information technology sector dragged the broader index down. Although the decline appeared to be mostly cyclical on the surface, investors would like to seek more clarity from Fed Chair Jerome Powell on the monetary policy, as he heads to Capitol Hill for his congressionally mandated testimony before the House.The Fed had earlier pledged to cut interest rates several times in 2024, owing to a slowdown in inflation in the later stages of 2023. Given the recent inflationary data, the markets appear vulnerable to sudden downtrends. This, in turn, signifies that the markets need to brace for intense volatility owing to tempered expectations despite a relatively healthy U.S. economy and GDP data.As investors employ a wait-and-see approach in a classic example of “backing and filling” in the market, they can benefit from “cash cow” stocks that garner higher returns. However, identifying cash-rich stocks alone does not make for a solid investment proposition unless it is backed by attractive efficiency ratios like return on equity (ROE). A high ROE ensures that the company is reinvesting cash at a high rate of return. Iron Mountain Inc., Suzano S.A., Tapestry, Inc., HCA Healthcare, Inc. and W. R. Berkley Corp. are some of the stocks with high ROE to profit from.Story continuesROE: A Key MetricROE = Net Income/Shareholders’ EquityROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company. In other words, this financial metric enables investors to identify companies that diligently deploy cash for higher returns.Moreover, ROE is often used to compare the profitability of a company with other firms in the industry — the higher, the better. It measures how well a company is multiplying its profits without investing new equity capital and portrays management’s efficiency in rewarding shareholders with attractive risk-adjusted returns.Here are five of the 11 stocks that qualified the screening:Iron Mountain: Boston, MA-based Iron Mountain provides records & information management services and data center space & solutions in 59 countries. The company primarily generates revenues from storage rental and services. Storage rental revenues are generated through periodic rental charges for data storage. Service revenues comprise charges for related core service activities and a wide array of complementary products and services.It has a long-term earnings growth expectation of 4%. It delivered a trailing four-quarter earnings surprise of 2.5%, on average. Iron Mountain carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here..Suzano: Headquartered in Salvador, Brazil, Suzano produces and sells eucalyptus pulp and paper products. With more than 90 years of experience, this vertically integrated firm is one of the largest producers of paper and graphic products in South America.The company offers coated and uncoated printing and writing papers, paperboards, tissue papers and lignin. Suzano carries a Zacks Rank #2.Tapestry: Founded in 1941 and headquartered in New York, Tapestry (formerly known as Coach, Inc.) is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. The company offers lifestyle products, which include handbags, women’s and men’s accessories, footwear, jewelry, seasonal apparel collections, sunwear, travel bags, fragrances and watches.Tapestry has a long-term earnings growth expectation of 11.5% and delivered a trailing four-quarter earnings surprise of 11.7%, on average. This Zacks Rank #2 stock has a VGM Score of A.HCA Healthcare: Headquartered in Nashville, TN, HCA Healthcare is the largest non-governmental operator of acute care hospitals in the United States. It operates 186 hospitals and approximately 2,400 ambulatory sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics, in 20 states and the United Kingdom.The company has a long-term earnings growth expectation of 9.7% and delivered a trailing four-quarter earnings surprise of 9.8%, on average. It has a VGM Score of A. HCA Healthcare sports a Zacks Rank #1.W. R. Berkley: Founded in 1967 and based in Greenwich, CT., W.R. Berkley is one of the nation’s largest commercial lines property casualty insurance providers. The company offers a variety of insurance services, from reinsurance to workers comp third-party administrators.It has a long-term earnings growth expectation of 9%. It has a VGM Score of A. Currently, W.R. Berkley carries a Zacks Rank #2.You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.Click here to sign up for a free trial to the Research Wizard today.For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2236453/buy-5-high-roe-stocks-as-markets-slide-on-tech-sector-woesFollow us on Twitter:  https://www.twitter.com/zacksresearchJoin us on Facebook:  https://www.facebook.com/ZacksInvestmentResearchZacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.Contact: Jim GiaquintoCompany: Zacks.comPhone: 312-265-9268Email: [email protected]: https://www.zacks.com/Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance  for information about the performance numbers displayed in this press release.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 reportIron Mountain Incorporated (IRM) : Free Stock Analysis ReportW.R. Berkley Corporation (WRB) : Free Stock Analysis ReportHCA Healthcare, Inc. (HCA) : Free Stock Analysis ReportTapestry, Inc. (TPR) : Free Stock Analysis ReportSuzano S.A. Sponsored ADR (SUZ) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Zacks.com featured highlights Iron Mountain, Suzano, Tapestry, HCA Healthcare and W. R. Berkley

https://finance.yahoo.com/news/zacks-com-featured-highlights-iron-095200075.html

fd7a2789-b285-37e5-b67c-ad4bc8bac53d

WRB

HCI Group HCI reported fourth-quarter 2023 earnings of $3.22 per share, which beat the Zacks Consensus Estimate by 128.4%. Quarterly earnings rose from 6 cents in the year-ago quarter.The quarterly results reflected better performance at Homeowner Choice and TypTap Insurance Company as well as an increase in net investment income, partially offset by higher expenses.Behind the HeadlinesGross premiums earned of $215.2 million increased 17.6% year over year. Quarterly results include $23 million of premium from the assumption of policies from Citizens.Net premiums earned increased 40.3% year over year to $148.6 million.Operating revenues increased 35.7% year over year to $162.7 million on account of the rise in net premiums earned and net investment income. The top line beat the Zacks Consensus Estimate by 11.4%.HCI Group, Inc. Price, Consensus and EPS SurpriseHCI Group, Inc. Price, Consensus and EPS SurpriseHCI Group, Inc. price-consensus-eps-surprise-chart | HCI Group, Inc. QuoteNet investment income was $10.3 million, up 39.2% year over year, driven by higher yields on fixed maturity securities, cash and cash equivalents, and higher cash balance.Total expenses decreased 7.4% year over year to $108.5 million due to decreased losses and loss adjustment expenses, and policy acquisition and other underwriting expenses.Losses and loss adjustment expenses were $65.4 million, down 9.3% year over year, primarily due to the continued improvement in claims experience in Florida including lower claims and litigation frequency.Losses and loss adjustment expenses, as a percent of gross premiums earned, declined to 30.4% from 39.4% in the year-ago quarter.Financial UpdateHCI Group exited 2023 with cash and cash equivalents of $536.5million, which surged 128.4% from the 2022-end level. Total investments decreased 15.5% from 2022-end to $520.3 million at the end of 2023.  Long-term debt of $208.5 million decreased 0.2% from the 2022-end figure.As of Dec 31, 2023, total shareholders’ equity was $188.4 million, nearly doubled from the level at 2022-end.Book value per share increased 76.4% from 2022-end to $33.36 at 2023-end.Story continuesZacks RankHCI Group currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here.Performance of Other Property and Casualty InsurersThe Travelers Companies TRV reported fourth-quarter 2023 core income of $7.01 per share, which beat the Zacks Consensus Estimate of $5.04. The bottom line more than doubled year over year, driven by higher underlying underwriting gain, lower catastrophe losses and higher net investment income. Travelers’ total revenues increased 13.5% from the year-ago quarter to $10.9 billion, primarily driven by higher premiums. The top line beat the Zacks Consensus Estimate by 0.2%.Net written premiums increased 13% year over year to about $10 billion, driven by strong growth across all three segments. The figure was higher than our estimate of $9.7 billion. Travelers witnessed an underwriting gain of $1.4 billion, up more than three-fold year over year, driven by higher business volumes. The combined ratio improved 870 bps year over year to 85.8, driven by a lower underlying combined ratio and lower catastrophe losses.  The Progressive Corporation’s PGR fourth-quarter 2023 earnings per share of $2.96 beat the Zacks Consensus Estimate of $2.38. The bottom line improved 97.3% year over year. Operating revenues of $16.6 billion beat the Zacks Consensus Estimate by 3% and increased 23.2% year over year.Net premiums written were $15.1 billion in the quarter, up 21% from $12.5 billion a year ago. Premiums beat our estimate of $14 billion. Net premiums earned grew 22% to $15.8 billion and beat our estimate of $14.8 billion.The combined ratio —percentage of premiums paid out as claims and expenses — improved 520 bps from the prior-year quarter’s level to 88.7.W.R. Berkley Corporation’s WRB fourth-quarter 2023 operating income of $1.45 per share beat the Zacks Consensus Estimate of $1.35 by 7.4%. The bottom line improved 25% year over year. Operating revenues came in at $3.2 billion, up 9.3% year over year, on the back of higher net premiums earned as well as improved net investment income. The top line beat the consensus estimate by 1.3%W.R. Berkley’s net premiums written were $2.7 billion, up 12% year over year. The figure was lower than our estimate of $2.8 billion. Pre-tax underwriting income increased 8.2% to $315.9 million. The consolidated combined ratio remained flat year over year at 88.4.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 Travelers Companies, Inc. (TRV) : Free Stock Analysis ReportW.R. Berkley Corporation (WRB) : Free Stock Analysis ReportThe Progressive Corporation (PGR) : Free Stock Analysis ReportHCI Group, Inc. (HCI) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

HCI Group (HCI) Q4 Earnings & Revenues Top, Premiums Rise Y/Y

https://finance.yahoo.com/news/hci-group-hci-q4-earnings-164200320.html

23724b68-92b5-3375-8cec-8a4eb89d2124

WRK

Investors with an interest in Paper and Related Products stocks have likely encountered both Sappi Ltd. (SPPJY) and WestRock (WRK). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.Right now, Sappi Ltd. is sporting a Zacks Rank of #2 (Buy), while WestRock has a Zacks Rank of #3 (Hold). This means that SPPJY's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one factor that value investors are interested in.Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.SPPJY currently has a forward P/E ratio of 6.90, while WRK has a forward P/E of 21.66. We also note that SPPJY has a PEG ratio of 0.51. 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. WRK currently has a PEG ratio of 3.46.Another notable valuation metric for SPPJY is its P/B ratio of 0.56. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, WRK has a P/B of 1.07.These are just a few of the metrics contributing to SPPJY's Value grade of A and WRK's Value grade of C.Story continuesSPPJY stands above WRK thanks to its solid earnings outlook, and based on these valuation figures, we also feel that SPPJY is the superior value option right now.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 reportSappi Ltd. (SPPJY) : Free Stock Analysis ReportWestRock Company (WRK) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

SPPJY vs. WRK: Which Stock Should Value Investors Buy Now?

https://finance.yahoo.com/news/sppjy-vs-wrk-stock-value-164012258.html

cdb1c72d-7b56-3f17-ad9d-fa5989104c6e

WRK

In this article, we will take a detailed look at the Billionaires Mario Gabelli and Mason Hawkins Love These 14 Stocks. For a quick overview of such stocks, read our article Billionaires Mario Gabelli and Mason Hawkins Love These 5 Stocks.We have discussed at length the investment philosophies and stock picks of billionaire Mario Gabelli and Mason Hawkins in our previous articles. While a lot is common among these legendary investors, one of the biggest shared factors between the two is their adherence to fundamental value investing philosophy. And while the AI-fueled rally is causing growth stocks to remain in focus and value stocks to languish on the backburner, something interesting is happening that could be a sign of wider rotation of the financial markets towards value.Market Rotation Towards Value Stocks in 2024?Bloomberg recently reported that BlackRock, the world's biggest asset manager, funneled billions into its value- and factor-based model portfolios as the firm bets on cheap and undervalued stocks for 2024. The Bloomberg report cited Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, who said in a latest report that BlackRock was "switching the growth style over the value" to reflect its bullish view on the economy as it expects a soft landing.“We remain optimistic and overweight stocks. This means we keep our heavy US tilt in portfolios, but consolidate some bets as we expect choppy markets over the first half of the year.”MethodologyIn this environment it would be interesting to see which stocks were common in Mario Gabelli and Mason Hawkins' portfolios heading into 2024. For this article we scanned the Q4 portfolios of Gamco Investors — the hedge fund of billionaire Mario Gabelli — and the Q4 portfolio of Southeastern Asset Management — the fund led by Mason Hawkins — and picked 14 stocks in which both these funds had stakes as of the end of the fourth quarter of 2023. 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).Story continuesBillionaires Mario Gabelli and Mason Hawkins Love These Stocks14. Westrock Coffee Co (NASDAQ:WEST)Number of Hedge Fund Investors: 6Mario Gabelli's Stake: $2,487,667Mason Hawkins' Stake: $56,226,430Arkansas-based roasted coffee company Westrock Coffee Co (NASDAQ:WEST) is one of the top stocks found in the portfolios of both Mario Gabelli and Mason Hawkins.In November, Westrock Coffee Co (NASDAQ:WEST) said its adjusted EBITDA outlook for 2023 was expected to fall below its previously issued guidance range of flat to 10% over 2022.Longleaf Partners Small-Cap Fund made the following comment about Westrock Coffee Company (NASDAQ:WEST) in its Q3 2023 investor letter:“Westrock Coffee Company (NASDAQ:WEST) – Westrock Coffee, which is the “brand behind the brand” producing and distributing coffee, tea and extracts for larger entities, was another top detractor in the quarter. Westrock faced a challenging summer with inflation, heat waves making hot coffee less popular and high gas prices negatively impacting traffic at convenience stores and rest stops. However, our long-term case for the business is less dependent on the single serve coffee business and more predicated on the potentially transformative plant that will be operating in 2024 and will support a shift to higher value beverages that represent a tremendous growth opportunity. In the near-term, Westrock did a capital raise to accelerate the growth of the new plant, and this also weighed on the stock price in the short term.”13, Graham Holdings Co (NYSE:GHC)Number of Hedge Fund Investors: 17Mario Gabelli's Stake: $12,475,370Mason Hawkins' Stake: $60,814,554Graham Holdings Co (NYSE:GHC) is a conglomerate having multiple business segments including educational services, hospice care, car dealerships and media. Mario Gabelli's hedge fund had a $12.5 million stake in Graham Holdings Co (NYSE:GHC) as of the end of the fourth quarter, while Mason Hawkins' Southeastern had a $60 million stake in Graham Holdings Co (NYSE:GHC).Over the past one year the stock has gained about 9% A total of 17 hedge funds out of the 933 fund in Insider Monkey had stakes in Graham Holdings Co (NYSE:GHC).12. CNX Resources Corp (NYSE:CNX)Number of Hedge Fund Investors: 23Mario Gabelli's Stake: $4,023,700Mason Hawkins' Stake: $166,764,660Natural gas company CNX Resources Corp (NYSE:CNX) is the biggest holding of Mason Hawkins' Southeastern as of the end of the fourth quarter, while Gabelli's hedge fund had a $4 million stake in CNX Resources Corp (NYSE:CNX).Longleaf Partners Small-Cap Fund made the following comment about CNX Resources Corporation (NYSE:CNX) in its Q3 2023 investor letter:“CNX Resources Corporation (NYSE:CNX) – Natural gas company CNX Resources was the top performer in the quarter. The company benefited from rising energy prices, as well as strong operational execution. CNX remains highly discounted, as the market does not give the company credit for its longer-term undrilled assets or its “new technology investments,” which include methods to reduce carbon on a net basis. Management expects this to be a material business for CNX over the longer term, but for now it is a high-quality hidden asset. CNX has taken advantage of the price disconnect through meaningful share repurchase.”11. CNH Industrial NV (NYSE:CNHI)Number of Hedge Fund Investors: 29Mario Gabelli's Stake: $103,629,206 Mason Hawkins' Stake: $51,034,139 Agricultural and construction equipment company CNH Industrial NV (NYSE:CNHI) is one of the stocks loved by both Mario Gabelli and Mason Hawkins. The fourth quarter portfolio of Mario Gabelli's fund shows that it had a $103 million stake in CNH Industrial NV (NYSE:CNHI). On the other hand, Mason Hawkins' hedge fund had a $51 million stake in CNH Industrial NV (NYSE:CNHI).CNH Industrial NV (NYSE:CNHI) stock is up about 1.8% over the past 30 days as of February 22.Oakmark Global Select Fund made the following comment about CNH Industrial N.V. (NYSE:CNHI) in its Q3 2023 investor letter:“CNH Industrial N.V. (NYSE:CNHI) (Italy), which designs, manufactures, and distributes agricultural and construction equipment, was the top detractor for the quarter. CNH Industrial’s share price fell following its second-quarter results, as agriculture equipment sales rose 5% in local currency, a slowdown from the prior quarter. This performance fell below market expectations due to destocking activity in Brazil and some production ramp-up issues for its new Patriot sprayer. We believe the production issues are temporary while the destocking actions will better position the business for the midterm. Pricing power remains quite strong and increased by roughly 7%, and precision agricultural sales grew by 21%. While the market was overly focused on near-term demand and sales growth, the agriculture equipment division produced its highest quarterly margin ever at 16.8%—an encouraging development that supports our view of the company’s long-term profitability. Further, the much smaller construction business delivered strong results, including its own quarterly margin record. Management maintained guidance for the rest of the company’s current fiscal year and indicated it expects to exceed the 2024 targets laid out at a capital markets day in 2022. We recently met with CEO Scott Wine at the company’s offices. He expressed confidence in the company’s ability to drive much better through-cycle financial performance while avoiding the company’s previous mistakes. He also believes the company’s share price is materially undervalued, and although he would prefer to invest in the business, he sees an opportunity to increase returns to shareholders via share repurchases. We believe CNH Industrial remains a solid business in an attractive industry that is run by a much-improved management team.”10. Mattel Inc (NASDAQ:MAT)Number of Hedge Fund Investors: 32Mario Gabelli's Stake: $806,176 Mason Hawkins' Stake: $166,906,960Mattel Inc (NASDAQ:MAT) stock jumped earlier this month after Mattel Inc (NASDAQ:MAT) gave a strong guidance for this year. Mattel Inc (NASDAQ:MAT) said its adjusted gross margin is expected to come between 48.5% and 49% compared to the average analyst estimate of 47.9%. Adjusted EBITDA is expected in the range of $975 million to $1.03 billion compared to the estimate $987.3 million. Mattel Inc (NASDAQ:MAT) sees adjusted EPS in the range of $1.35 to $1.45 compared to the expectation of $1.37.9. Kellogg Co Co (NYSE:K)Number of Hedge Fund Investors: 35Mario Gabelli's Stake: $7,415,511Mason Hawkins' Stake: $123,642,393Kellogg Co (NYSE:K), which renamed itself last year to Kellanova Co (NYSE:K) following a split, is one of the favorite stocks of Mario Gabelli and Mason Hawkins.Earlier this month, BofA published its list of "Magnificent 80" stocks that it believes can offer more in dividend yields than cash. Kellogg Co Co (NYSE:K) made it to the list. The stock has a dividend yield of 3.97% as of February 22.8. IAC Inc (NASDAQ:IAC)Number of Hedge Fund Investors: 44Mario Gabelli's Stake: $1,157,703Mason Hawkins' Stake: $118,390,585Media and internet brands company IAC Inc (NASDAQ:IAC) is loved by both Mario Gabelli ($1.1 million stake) and Mason Hawkins ($118 million stake).Earlier this month IAC Inc (NASDAQ:IAC) posted fourth quarter results. EPS in the fourth quarter came in at $3.70. Revenue fell 15.2% year over year to $1.06 billion, missing estimates by $10 million.TimesSquare Capital U.S. Mid Cap Growth Strategy made the following comment about IAC Inc. (NASDAQ:IAC) in its Q3 2023 investor letter:“For the Communications Services sector, we generally prefer to invest in media and services companies that are either well placed from an advertising perspective with a target audience or provide differentiated services. IAC Inc. (NASDAQ:IAC) is engaged in the media and Internet business. Its two core business segments are Dotdash Meredith and ANGI Homeservices. Dotdash Meredith provides digital and print publishing services. ANGI Homeservices offers a gateway to repair, remodeling, cleaning, and other services. While Dotdash Meredith results were in line, ANGI fell short of expectations as they are shifting their focus to high-quality customers to generate more profitability. Shares of IAC fell -20% on this report and we added to the position on weakness.”7. MGM Resorts International (NYSE:MGM)Number of Hedge Fund Investors: 45Mario Gabelli's Stake: $23,854,520Mason Hawkins' Stake: $111,144,762Resorts and casino giant MGM Resorts International (NYSE:MGM) is one of the stocks loved by both Mario Gabelli and Mason Hawkins. MGM Resorts International (NYSE:MGM) recently reported fourth quarter results. MGM Resorts International (NYSE:MGM) earned $1.06 per share, beating the Wall Street estimates of $0.35. Revenue jumped 22% on a year-over-year basis to $4.38 billion, surpassing estimates by $240 million.Insider Monkey's database of 933 hedge funds shows that 45 hedge funds had stakes in MGM Resorts International (NYSE:MGM) as of the end of the last quarter of 2023.Longleaf Partners Fund stated the following regarding MGM Resorts International (NYSE:MGM) in its fourth quarter 2023 investor letter:“MGM Resorts International (NYSE:MGM) & Hyatt – Hospitality companies MGM Resorts and Hyatt were both strong performers in the fourth quarter and for the year, outperforming expectations that the post-COVID travel rebound would ease in 2023. Casino and online gaming company MGM saw double-digit revenue growth and strong 2023 bookings in Las Vegas in the first half, which moderated in the second half but remained solid. A cybersecurity attack negatively impacted 3Q results, but MGM does not expect the $100 million hit to have a material effect on its financial condition and operational results for the year. MGM bought back discounted shares at a 15% annualized rate and authorized another $2 billion buyback in 4Q, which represents another 15% of the company.”6. Live Nation Entertainment Inc (NYSE:LYV)Number of Hedge Fund Investors: 45Mario Gabelli's Stake: $24,476,447Mason Hawkins' Stake: $115,526,362Last month, Roth MKM upgraded Live Nation Entertainment Inc (NYSE:LYV) shares to Buy from Neutral and raised the stock's price target to $114 from $92. Roth MKM cited an increased demand for live events and concerns in the US for its bullish outlook on the stock.Out of the 933 funds tracked by Insider Monkey, 45 hedge funds had stakes in Live Nation Entertainment Inc (NYSE:LYV). The biggest hedge fund stakeholder of Live Nation Entertainment Inc (NYSE:LYV) during this period was Robert Joseph Caruso's Select Equity Group which owns a $979 million stake in Live Nation Entertainment Inc (NYSE:LYV).Longleaf Partners Fund stated the following regarding Live Nation Entertainment, Inc. (NYSE:LYV) in its fourth quarter 2023 investor letter:“Live Nation Entertainment, Inc. (NYSE:LYV) – Live Nation Entertainment, a new purchase this year, was a strong performer in the fourth quarter and a strong performer for the year as it outperformed expectations. Live Nation reported a great 3Q, with revenues and adjusted operating income up 30%+, concert revenues up 29% and ticketing up 55%. The company guided for continued strong growth in 2024. We have prior knowledge of Live Nation from our time owning various Liberty Media entities and are encouraged on future capital allocation that Liberty is still on the case as a 30%+ owner.” Click to continue reading and see Billionaires Mario Gabelli and Mason Hawkins Love 5 Stocks. Suggested Articles:Billionaire Paul Singer's Recent Activist Targets and Top Stock PicksCliff Asness Stock Portfolio: 10 Top Stock PicksDan Loeb Stock Portfolio: 10 Top Stock PicksDisclosure. None. Mario Gabelli Mason Hawkins Love These 14 Stocks was initially published on Insider Monkey.

Insider Monkey

Billionaires Mario Gabelli and Mason Hawkins Love These 14 Stocks

https://finance.yahoo.com/news/billionaires-mario-gabelli-mason-hawkins-202648743.html

6688bec6-a3b6-376b-9df3-fdeebb9d46de

WRK

Longleaf Partners, managed by Southeastern Asset Management, released its “Small-Cap Fund” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. Longleaf Partners Small-Cap Fund had a successful year, outperforming the Russell 2000 and Russell 2000 Value benchmark indices and achieving its absolute return goal of inflation plus 10%. The fund delivered 10.85% in the fourth quarter compared to a 14.03% return for the Russell 2000 Index and 15.26% for the Russell 2000 Value Index. In addition, please check the fund’s top five holdings to know its best picks in 2023.Longleaf Partners Small-Cap Fund featured stocks like Westrock Coffee Company, LLC (NASDAQ:WEST) in the Q4 2023 investor letter. Headquartered in Little Rock, Arkansas, Westrock Coffee Company, LLC (NASDAQ:WEST) produces coffee, tea, and extract products. On February 29, 2024, Westrock Coffee Company (NASDAQ:WEST) stock closed at $10.12 per share. One-month return of Westrock Coffee Company (NASDAQ:WEST) was -4.35%, and its shares lost 10.92% of their value over the last 52 weeks. Westrock Coffee Company (NASDAQ:WEST) has a market capitalization of $890.957 million.Longleaf Partners Small-Cap Fund stated the following regarding Westrock Coffee Company (NASDAQ:WEST) in its fourth quarter 2023 investor letter:"Westrock Coffee Company (NASDAQ:WEST) - Westrock Coffee, which is the “brand behind the brand” producing and distributing coffee, tea and extracts for larger entities, was another top detractor for the year. Westrock faced a challenging summer with inflation, heat waves making hot coffee less popular and high gas prices negatively impacting traffic at convenience stores and rest stops. 3Q23 also had disappointing results driven by traditional roasted coffee volumes declining materially due to a variety of factors that should not continue, although flavors, ingredients and single serve were strong. The company lowered guidance for the full year and indicated that the expected capacity from its new Conway, Arkansas facility will be delayed, only coming online towards the end of 2024 / early 2025. The company reiterated its expectations for long-term earnings power remain intact, but our appraisal value is down slightly. We think the management and board have learned good lessons this year and still have strong long-term records."Story continuesA young couple discussing their long-term investments over coffee in a modern cafe.Westrock Coffee Company (NASDAQ:WEST) is not on our list of 30 Most Popular Stocks Among Hedge Funds. At the end of the fourth quarter, Westrock Coffee Company (NASDAQ:WEST) was held by 6 hedge fund portfolios, down from 8 in the previous quarter, according to our database.We discussed Westrock Coffee Company (NASDAQ:WEST) in another article and shared the list of stocks that billionaires Mario Gabelli and Mason Hawkins love. 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:14 Social Security Spousal Benefits and Loopholes You Need to Know15 States That Don’t Tax Retirement Pension PayoutsWarren Buffett's 35 Best Quotes About Business, Investing, and LifeDisclosure: None. This article is originally published at Insider Monkey.

Insider Monkey

Here’s Why Westrock Coffee Company (WEST) Detracted in 2023

https://finance.yahoo.com/news/why-westrock-coffee-company-west-083153624.html

c9141290-5114-3e43-a05b-c9e7c14da3e3

WRK

Investors looking for stocks in the Paper and Related Products sector might want to consider either Sappi Ltd. (SPPJY) or WestRock (WRK). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.Sappi Ltd. has a Zacks Rank of #2 (Buy), while WestRock has a Zacks Rank of #3 (Hold) right now. This means that SPPJY's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one factor that value investors are interested in.Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.SPPJY currently has a forward P/E ratio of 6.71, while WRK has a forward P/E of 23.20. We also note that SPPJY has a PEG ratio of 0.49. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. WRK currently has a PEG ratio of 3.71.Another notable valuation metric for SPPJY is its P/B ratio of 0.55. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, WRK has a P/B of 1.14.Based on these metrics and many more, SPPJY holds a Value grade of A, while WRK has a Value grade of C.Story continuesSPPJY sticks out from WRK in both our Zacks Rank and Style Scores models, so value investors will likely feel that SPPJY is the better option right now.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 reportSappi Ltd. (SPPJY) : Free Stock Analysis ReportWestRock Company (WRK) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

SPPJY vs. WRK: Which Stock Is the Better Value Option?

https://finance.yahoo.com/news/sppjy-vs-wrk-stock-better-164009995.html

06e71844-5e4c-31b5-ac3e-cf9e935f69f8

WST

EXTON, Pa., Feb. 20, 2024 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, announced today that the Company's Board of Directors has approved a second-quarter 2024 dividend of $0.20 per share. The dividend will be paid on May 1, 2024, to shareholders of record as of April 24, 2024.(PRNewsfoto/West Pharmaceutical Services, I)About WestWest Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services. As a trusted partner to established and emerging drug developers, West helps ensure the safe, effective containment and delivery of life-saving and life-enhancing medicines for patients. With 10,000 team members across 50 sites worldwide, West helps support our customers by delivering approximately 48 billion components and devices each year.Headquartered in Exton, Pennsylvania, West in its fiscal year 2023 generated $2.95 billion in net sales. West is traded on the New York Stock Exchange (NYSE: WST) and is included on the Standard & Poor's 500 index. For more information, visit www.westpharma.com.All trademarks and registered trademarks used in this release are the property of West Pharmaceutical Services, Inc. or its subsidiaries, in the United States and other jurisdictions, unless otherwise noted. CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/west-announces-second-quarter-2024-dividend-302065487.htmlSOURCE West Pharmaceutical Services, Inc.

PR Newswire

West Announces Second-Quarter 2024 Dividend

https://finance.yahoo.com/news/west-announces-second-quarter-2024-110000742.html

60154995-13b5-34b9-81ad-7c70729dc788

WST

West Pharmaceutical Services Inc (NYSE:WST) exhibits robust financial performance with a strong focus on quality and regulatory compliance.The company's proprietary products and contract-manufactured products segments drive its competitive edge in the pharmaceutical packaging and delivery systems industry.West Pharmaceutical Services Inc (NYSE:WST) faces industry consolidation and competitive pressures, alongside potential supply chain vulnerabilities.Opportunities for growth through innovation in drug delivery devices and sustainable practices align with the company's commitment to ESG principles.Warning! GuruFocus has detected 6 Warning Sign with MCD.On February 20, 2024, West Pharmaceutical Services Inc (NYSE:WST) filed its 10-K report, revealing a company that stands as a leading manufacturer of containment and delivery systems for injectable drugs and healthcare products. With a strong presence in both proprietary products and contract-manufactured products, West Pharmaceutical Services Inc (NYSE:WST) has demonstrated a commitment to delivering quality products that meet stringent customer and regulatory standards. The financial overview from the filing indicates a solid performance, with a diverse customer base and a significant portion of revenue generated from international markets. The company's market capitalization as of June 30, 2023, was approximately $28.2 billion, reflecting investor confidence in its business model and growth prospects.Decoding West Pharmaceutical Services Inc (WST): A Strategic SWOT InsightStrengthsMarket Leadership and Brand Reputation: West Pharmaceutical Services Inc (NYSE:WST) has established itself as a leader in the design and production of advanced, high-quality containment and delivery systems. The company's brand is synonymous with excellence in manufacturing, scientific and technical expertise, and management. This reputation has enabled strong partnerships with leading biologic, generic, pharmaceutical, diagnostic, and medical device companies globally. In 2023, the company's top ten customers accounted for 41.4% of consolidated net sales, with one customer contributing 10.9% or $322.1 million. This level of customer concentration demonstrates the trust and reliance placed in West's products and services.Story continuesIntellectual Property Portfolio: West Pharmaceutical Services Inc (NYSE:WST) holds a significant portfolio of intellectual property, including patents, trademarks, and trade secrets, which is crucial for maintaining its competitive advantage. In 2023 alone, West was issued more than 190 patents globally. The ownership and licensing of these intellectual property assets underpin the company's innovative capabilities and protect its market position against competitors.Global Manufacturing and Distribution Network: The company's global footprint with multiple manufacturing sites enhances its ability to serve customers worldwide and manage supply chain risks effectively. This network supports West's strategy of being a global supplier of integrated drug containment and delivery systems, providing customers with the assurance of supply continuity and after-sale technical support.WeaknessesCustomer Concentration Risk: While having major customers can be a strength, it also poses a risk. The fact that the top ten customers represent such a significant portion of net sales indicates a potential vulnerability. Should any of these key relationships suffer due to market changes or competitive dynamics, West Pharmaceutical Services Inc (NYSE:WST) could experience a notable impact on its revenue streams.Supply Chain Dependencies: West's reliance on single-source suppliers for many critical raw materials introduces potential supply chain risks. Despite rigorous quality control systems and strategies to mitigate interruptions, the company acknowledges that supply chain disruptions could adversely affect its ability to manufacture and sell certain products.Exposure to Price Fluctuations: The company's purchasing strategy, which involves buying certain raw materials in the open market, subjects it to price volatility. While West has managed these conditions without significant disruption so far, continued heightened inflation could lead to increased costs and pressure on profit margins.OpportunitiesInnovation in Drug Delivery: West Pharmaceutical Services Inc (NYSE:WST) is well-positioned to capitalize on the growing demand for innovative drug delivery systems. The company's ongoing research and development efforts, which focus on novel drug delivery devices and therapeutic administration systems, could lead to new product offerings and expansion into new markets.ESG and Sustainable Practices: The company's commitment to environmental, social, and governance (ESG) principles presents an opportunity to differentiate itself in the market. By focusing on sustainability in its operations and product offerings, West can attract customers and investors who prioritize corporate responsibility and environmental stewardship.Global Expansion: With approximately 55% of its revenue generated from international markets, West Pharmaceutical Services Inc (NYSE:WST) has the opportunity to further expand its global presence. Emerging markets, in particular, offer potential for growth as healthcare systems develop and demand for pharmaceutical products increases.ThreatsIndustry Consolidation: The ongoing consolidation in the pharmaceutical and healthcare industries could lead to increased competition and pricing pressures. As customers merge and gain purchasing power, suppliers like West may face demands for price reductions, which could impact profitability.Technological Disruption: The medical technology industry is subject to rapid change, and new developments could disrupt existing product lines. West must continue to innovate to stay ahead of technological advancements that could render some of its products less relevant or obsolete.Regulatory Risks: West Pharmaceutical Services Inc (NYSE:WST) operates in a highly regulated environment. Changes in regulations, particularly those related to healthcare and environmental protection, could result in increased compliance costs or necessitate changes to products and processes, impacting the company's operations and financial performance.In conclusion, West Pharmaceutical Services Inc (NYSE:WST) presents a strong market position with a reputation for quality and innovation. The company's strengths in intellectual property and global distribution are balanced by risks associated with customer concentration and supply chain dependencies. Opportunities for growth through innovation and sustainability initiatives are promising, yet threats from industry consolidation and regulatory changesThis 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 West Pharmaceutical Services Inc (WST): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-west-pharmaceutical-services-inc-050304296.html

fe535c64-ab62-3ee9-8cbe-aac972229f55

WST

EXTON, Pa., Feb. 28, 2024 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced that it will present at the Barclays 26th Annual Global Healthcare Conference in Miami, FL on Tuesday, March 12, 2024, at 1:05 PM ET.(PRNewsfoto/West Pharmaceutical Services, I)It will also present at the KeyBanc Virtual Life Sciences & MedTech Investor Forum on Tuesday, March 19, 2024, at 9:00 AM ET.A live audio webcast of each event will be available in the "Investors" section of the Company's website at www.westpharma.com. Replay of the webcasts will be available for approximately 90 days after the events.About West West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services. As a trusted partner to established and emerging drug developers, West helps ensure the safe, effective containment and delivery of life-saving and life-enhancing medicines for patients. With 10,000 team members across 50 sites worldwide, West helps support our customers by delivering approximately 48 billion components and devices each year. Headquartered in Exton, Pennsylvania, West in its fiscal year 2023 generated $2.95 billion in net sales. West is traded on the New York Stock Exchange (NYSE: WST) and is included on the Standard & Poor's 500 index. For more information, visit www.westpharma.com.All trademarks and registered trademarks used in this release are the property of West Pharmaceutical Services, Inc. or its subsidiaries, in the United States and other jurisdictions, unless otherwise noted.CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/west-to-participate-in-upcoming-investor-conferences-302074574.htmlSOURCE West Pharmaceutical Services, Inc.

PR Newswire

West to Participate in Upcoming Investor Conferences

https://finance.yahoo.com/news/west-participate-upcoming-investor-conferences-213000267.html

03664c5b-b3fd-3ee8-99a5-d3a5696a0e2d

WST

Eric Green, President, CEO, and Board Chair of West Pharmaceutical Services Inc (NYSE:WST), has sold 64,132 shares of the company on February 27, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $359.85 per share, resulting in a total value of $23,073,785.20.Warning! GuruFocus has detected 6 Warning Signs with RHP.West Pharmaceutical Services Inc is a global leader in the design and production of containment and delivery systems for injectable drugs and healthcare products. The company's portfolio includes vial containment solutions, prefillable syringe systems, self-injection platforms, and other products designed to ensure the safe, reliable administration of pharmaceuticals.Over the past year, the insider has sold a total of 196,132 shares of West Pharmaceutical Services Inc and has not made any purchases of the stock. The recent sale by Eric Green is part of a trend observed over the past year, where there have been 19 insider sells and no insider buys.West Pharmaceutical Services Inc President and CEO Eric Green Sells Company SharesOn the valuation front, West Pharmaceutical Services Inc has a market cap of $26.267 billion as of the last trading price. The stock's price-earnings ratio stands at 45.48, which is above both the industry median of 27.46 and the company's historical median price-earnings ratio.The stock's price on the day of the insider's sale was $359.85, with a GuruFocus Value (GF Value) of $379.95. This results in a price-to-GF-Value ratio of 0.95, indicating that West Pharmaceutical Services Inc is fairly valued according to GuruFocus metrics.West Pharmaceutical Services Inc President and CEO Eric Green Sells Company SharesThe GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.Investors and stakeholders in West Pharmaceutical Services Inc may consider the insider's recent transaction as part of their assessment of the stock, alongside comprehensive analysis of the company's fundamentals and market valuation.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

West Pharmaceutical Services Inc President and CEO Eric Green Sells Company Shares

https://finance.yahoo.com/news/west-pharmaceutical-services-inc-president-043138258.html

54f2d4e5-5732-37c3-8c9f-ba4a07b5ee5d

WTW

Comprehensive SWOT analysis based on the latest 10-K filing.Expert breakdown of Willis Towers Watson's strengths, weaknesses, opportunities, and threats.Strategic insights into the company's market standing and future prospects.Data-driven evaluation to inform investment decisions.Warning! GuruFocus has detected 6 Warning Sign with WTW.On February 22, 2024, Willis Towers Watson PLC (NASDAQ:WTW), a leading global advisory, broking, and solutions company, filed its annual 10-K report with the SEC. The company, which emerged from the 2016 merger of Towers Watson and Willis Group, operates through two main segments: Health, Wealth & Career (consulting operations) and Risk & Broking (brokerage operations). With approximately 47,000 employees, WTW serves clients ranging from large multinational corporations to middle-market domestic and international companies. The company boasts a client base that includes 95% of the FTSE 100, 89% of the Fortune 1000, and 91% of the Fortune Global 500 companies. The 10-K filing reveals a robust financial performance, with an aggregate market value of voting common equity held by non-affiliates reaching $24.66 billion as of June 30, 2023. The company's diversified revenue streams and global presence position it well in the competitive landscape, with a focus on growth, simplification, and transformation as its strategic priorities.Decoding Willis Towers Watson PLC (WTW): A Strategic SWOT InsightStrengthsGlobal Presence and Diverse Client Base: Willis Towers Watson's expansive global footprint, with operations in over 140 countries, is a testament to its strong market position. The company's ability to serve a diverse range of clients, including the majority of the world's leading corporations, is a significant strength. This global reach not only diversifies revenue streams but also mitigates the risk of regional economic downturns. Moreover, the company's long-standing relationships with clients, some spanning decades, underscore the trust and reliability WTW has cultivated in the industry.Story continuesComprehensive Service Portfolio: WTW's extensive range of services and solutions across Health, Wealth & Career, and Risk & Broking segments cater to the multifaceted needs of its clients. The company's ability to offer both advisory and broking services positions it as a one-stop-shop for clients seeking to manage risk, optimize benefits, and enhance workforce productivity. This integrated approach is a competitive advantage that allows WTW to cross-sell services and deepen client engagement.Financial Stability: The company's financial health, as reflected in its market capitalization and revenue streams, provides a solid foundation for sustainable growth. WTW's revenue model, which includes both commissions and fees, offers stability and resilience against market fluctuations. The company's financial strength enables it to invest in innovation and strategic acquisitions, further solidifying its market position.WeaknessesRegulatory Compliance and Cybersecurity Risks: As a global entity, WTW is subject to a complex web of regulations across different jurisdictions. Compliance with these varying legal requirements poses a challenge and necessitates significant resources. Additionally, the company's reliance on technology and data makes it vulnerable to cybersecurity threats, which could lead to reputational damage and financial loss if not adequately mitigated.Market Competition: WTW operates in a highly competitive industry, facing off against giants like Aon plc, Marsh & McLennan, and other specialized firms. The competitive landscape requires continuous innovation and service excellence to maintain and grow market share. The pressure to offer competitive pricing can also impact profit margins.Dependence on Economic Cycles: While WTW's diversified business model provides some buffer against economic downturns, certain segments of its operations, such as insurance brokerage, are sensitive to market cycles. Economic contractions can lead to reduced demand for insurance products and consulting services, affecting the company's revenue and growth prospects.OpportunitiesTechnological Advancements: The ongoing digital transformation presents opportunities for WTW to enhance its service delivery and operational efficiency. By investing in technology, the company can improve client experiences, streamline processes, and develop innovative solutions that address emerging market needs.Emerging Markets and Expanding Client Needs: As businesses increasingly operate on a global scale, there is a growing demand for risk management and human capital solutions. WTW is well-positioned to capitalize on this trend by expanding its presence in emerging markets and evolving its service offerings to meet the changing needs of its clients.Strategic Acquisitions: WTW's financial stability enables it to pursue strategic acquisitions that can enhance its service capabilities and market reach. Acquiring specialized firms or technology startups can provide access to new markets, clients, and cutting-edge solutions, driving growth and innovation.ThreatsEconomic Uncertainty: Global economic volatility, including fluctuations in insurance premiums and investment markets, can impact WTW's revenue and profitability. Economic downturns can lead to budget cuts by clients, reducing the demand for WTW's services.Regulatory Changes: The regulatory environment in which WTW operates is constantly evolving. Changes in laws or regulations, particularly those related to data privacy, insurance, and financial services, can impose additional compliance costs or restrict certain business activities, affecting the company's operations and competitive edge.Technological Disruption: The rapid pace of technological change poses a threat to established business models. WTW must continuously innovate to stay ahead of disruptive technologies that could alter the landscape of the advisory and broking industry.In conclusion, Willis Towers Watson PLC (NASDAQ:WTW) exhibits a strong strategic position with a global presence, comprehensive service offerings, and financial stability. However, the company must navigate regulatoryThis 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 Willis Towers Watson PLC (WTW): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-willis-towers-watson-plc-050949066.html

f57d7af5-d41f-309b-9d4c-ad1b1d44e027

WTW

Willis Towers Watson US LLCNEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Global pensions assets returned to growth in 2023, rising in aggregate by 11% to reach USD 55.7 trillion*, according to WTW’s (NASDAQ: WTW) Thinking Ahead Institute from their latest Global Pension Assets Study.This compares to USD 50.2 trillion at the end of 2022, when the same study by the Thinking Ahead Institute (TAI) had previously measured the largest annual fall since the global financial crisis, interrupting a decade of previous uninterrupted growth.The return to growth during 2023 is, in large part, the result of stronger capital market performance throughout the year, following a much more negative impact from markets in the correction of 2022. The TAI estimates that the (USD-measured) return for a reference portfolio of 60% global equities and 40% global bonds, stood at 16.6% in the twelve months to December 2023.On a related note, actual investment allocations among global pension funds have shifted considerably over the twenty-year history of the study. Since 2003, equity allocations have shrunk by nine percentage points over two decades, from 51% to stand at 42% in 2023. Meanwhile, allocation to bonds among global pension funds remains stable at an average of 36% – the same in 2023 as in 2003.Compared with 20 years ago, pension funds’ asset allocation to “other” asset classes - from real estate and infrastructure to private equity - has significantly increased. Such ‘alternatives’ now make up 20% of global pension investments compared to just 12% in 2003. At the same time, reflecting an awareness of market risk and systemic uncertainty among global pension funds, average allocations to cash instruments have slightly increased from 1% to an estimated 3% over the last two decades.Considered individually, the United States dominates as the largest single pensions market, accounting for 63.9% of assets among the largest 22 pension markets, followed by Japan and the UK with 6.1% and 5.8% respectively. Together, these three largest markets account for over three quarters of global pension assets.Story continuesAn overwhelming 91% of P22 assets are concentrated in the seven largest markets. TAI conducted a deeper analysis of this top ‘P7’, now comprising assets of USD 50.8 trillion as of 2023. Within this group, defined contribution (DC) pensions now account for a 58% majority.Pensions systems and structures continue to evolve. While DB funds still dominate in the Netherlands and Japan at 94% and 95% of total pensions assets, respectively, elsewhere there is a continued shift to DC. It needs to be pointed out that the Netherlands' pension system is undergoing a reform, transitioning from the traditional DB to DC.In Australia, defined contribution assets already make up 88% of total pensions assets while Canada, formerly home to a clear DB majority, has seen DC rise to a considerable 44% share. In the UK, DC now exceeds a quarter of pensions assets, leaving UK DB assets at 74% and steadily declining as a share of the total.Jessica Gao, director at the Thinking Ahead Institute said: “Pension assets are growing once again – just as the importance of the pensions industry itself consistently increases in a world facing new challenges and opportunities for future prosperity. Growth is back on the agenda.“This global growth is not yet rapid, and pension assets remain behind their pre-2022 position, but it is far better than the experience a year before. Inflation has moderated, and as a result financial markets have remained supported by interest rates which appear also to have peaked, at least for now, in most countries.“Alongside this encouraging bounce-back, there are still essential lessons and warnings. Systemic risk, which is the possibility of a malfunctioning of the system, is still rising. So too are the day-to-day expectations on pension funds to adapt fast in a changing world. We are already seeing many asset owners redefine their operating model as a partnership of HI and AI – human intelligence and artificial intelligence – to craft and deliver innovative financial solutions, produce more accurate and timely reporting and foster organizational agility.“Meanwhile, the pensions industry also faces a growing interest from regulators. Government influence on pension schemes is also at high level as governments look for new ways to fund the systemic investment needed to overcome capital-hungry systemic issues such as the energy transition, climate change mitigation and sustained high-tech growth.“To maintain positive momentum and well-funded future pensions incomes for end investors, any truly long-term investor must continue to pay attention and think in terms of complete systems – especially as the world approaches the end of the first quarter of the 21st century.”Notes to editors:*As of December 31, 2023The P22 refers to the 22 largest pension markets included in the study which are Australia, Brazil, Canada, Chile, China, Finland, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Malaysia, Mexico, Netherlands, South Africa, South Korea, Spain, Switzerland, the UK and the USThe P7 refers to the seven largest pension markets (91% of total assets in the study): Australia, Canada, Japan, Netherlands, Switzerland, UK and US.All figures are rounded and 2023 figures are estimates.All dates refer to the calendar end of that year.About the Thinking Ahead InstituteThe Thinking Ahead Institute was established in January 2015 and is a global not-for-profit investment research and innovation member group made up of engaged institutional asset owners and asset managers committed to mobilising capital for a sustainable future. It has 50 members around the world and is an outgrowth of the WTW Investments’ Thinking Ahead Group which was set up in 2002. Learn more at www.thinkingaheadinstitute.org.About WTWAt WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.Media contactsIleana Feoli: +1 212 309 [email protected] Emerman: +1 609 240 [email protected]

GlobeNewswire

Global pension assets rebound past USD 55 Trillion

https://finance.yahoo.com/news/global-pension-assets-rebound-past-151700298.html

5520b34d-7737-3cad-9375-065df98848cb

WTW

Willis Towers Watson US LLCLONDON, March 07, 2024 (GLOBE NEWSWIRE) -- Retailers are optimistic about their prospects and the future of physical stores. But they face growing risks in a highly challenging and complex market, driven by disruptive forces such as social commerce, artificial intelligence (AI) and the metaverse, according to WTW’s Global Retail Risk Outlook 2024.WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, surveyed 700 senior decision makers in food and supermarkets, luxury and fashion, department stores, health and beauty, electronics, home and DIY and online-only retailers, to understand how the sector sees the future and its risks, challenges and opportunities.Key findings include:Physical stores are here to stay: As consumers continue to value the in-store experience, 84% of retailers say they will have a mix of physical stores in 3-5 years’ time. Surprisingly, that includes 7% of online pure-play businesses, who have no physical footprint today.AI a gamechanger?: Artificial intelligence is viewed as a pivotal opportunity, with 48% expecting it to revolutionise retail operations. However it comes hand in hand with increased risks. More than 4 in 10 (43%) of respondents identified cyber threats as significant business risks and 45% named rapid changes in technology among their greatest obstacles to achieving strategy.Reputation risks are increasing: The danger to a retailer’s brand and reputation was identified by 50% of those surveyed as the greatest risk facing the sector in the next three to five years. The rise of the influencer and the popularity of celebrity endorsements opens brands up to social media controversies.Tough customers: Consumers have become more elusive and harder to please, increasingly expecting a seamless experience. Retailers are looking to technology to provide a more personalized, seamless service, with 52% naming improving the customer experience among their top strategic priorities for the next two years.Hard to get the right insurance: As risks increase, firms face a raft of challenges in getting the cover they need at an acceptable price – 44% cited high deductibles, 36% historic loss experience, and 32% lack of risk or claims data as barriers. This may be leaving businesses dangerously exposed.Reasons for optimism: Despite challenging trading conditions, retailers expect for their strategies to reap rewards in the near term, with 58% responding that they expect to be a little or a lot more profitable within two years.Story continuesGarret Gaughan, Head of Direct and Facultative, at WTW, said: “It is reassuring to see that the Retail Industry is very upbeat about the future and embracing new technology such as AI whilst maintaining a healthy awareness of the risks that go with this.“It will be crucial though that businesses navigate this new digital world safely. Public confidence and reputation are hard won and swiftly lost and by embracing tech and the digital landscape, businesses need to be aware they need to protect themselves in new ways.“However, it is fascinating that despite so much commentary regarding the demise of physical retail, even purely on-line companies, see their future as including some element of physical retail space.”About WTWAt WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.Learn more at wtwco.com.Media contactSarah Booker: +44 7917 [email protected]

GlobeNewswire

Optimism despite disruptive forces in retail sector: WTW’s Global Retail Survey

https://finance.yahoo.com/news/optimism-despite-disruptive-forces-retail-101500334.html

abf0a51d-6007-36ac-9333-0d53d0b9398a

WTW

A month has gone by since the last earnings report for Willis Towers Watson (WTW). Shares have added about 1.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Willis Towers Watson due for a pullback? 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 drivers.Willis Towers Q4 Earnings Top Estimates, Revenues Up Y/YWillis Towers Watson Public Limited Company delivered fourth-quarter 2023 adjusted earnings of $7.44 per share, which beat the Zacks Consensus Estimate by 5.7%. The bottom line increased 17.5% year over year. WTW witnessed an increase in revenues and expanded operating margins at the Health, Wealth & Career and Risk & Broking segments, as well as improved adjusted operating income, offset by higher expenses.Operational UpdateWillis Towers posted adjusted consolidated revenues of $2.9 billion, up 7% year over year on a reported basis. Revenues increased 6% on an organic basis and a constant currency basis. The top line beat the Zacks Consensus Estimate by 0.3%. The total costs of providing services increased 6% year over year to $2.1 billion due to higher salaries and benefits, restructuring costs, transaction and transformation costs as well as other operating expenses. Our estimate was $2 billion.Adjusted operating income was $998 million, which increased 13.1% year over year. Margin expanded 180 basis points (bps) to 34.2%. Adjusted EBITDA was $1.1 billion, up 7% year over year. Adjusted EBITDA margin was 37.1%, which remained flat year over year.Quarterly Segment UpdateHealth, Wealth & Career: Total revenues of $1.79 billion rose 4% year over year (3% increase on a constant currency and 4% on an organic basis). The Zacks Consensus Estimate and our estimate were both pegged at $1.8 billion. Organic growth in Benefits Delivery & Outsourcing was driven by higher volumes and placements of Medicare Advantage and life policies in Individual Marketplace and increased compliance and other project activity in Outsourcing. Wealth businesses generated organic revenue growth from higher levels of Retirement work in North America and Europe, along with new client acquisitions, pension brokerage and higher fees in Investments.Organic revenue growth in Health was driven by the continued expansion of the Global Benefits Management client portfolio, higher brokerage income as well as a modest tailwind from book-of-business settlement revenues.Career had organic revenue growth from compensation survey sales and executive compensation, reward-based advisory and employee experience services. The operating margins expanded 150 basis points from the prior-year quarter to 40.5%, primarily from Transformation savings.Story continuesRisk & Broking: Total revenues of $1.08 billion rose 13% year over year (12% increase in constant currency and on an organic basis) and beat the Zacks Consensus Estimate of $1.03 billion. Our estimate was $1 billion.Corporate Risk & Broking generated exceptional organic revenue growth, driven by strong new business, improved client retention and rate increases.Insurance Consulting and Technology had organic revenue growth from software sales and increased project revenues. The operating margins expanded 460 basis points from the prior-year quarter to 32.9%, due to higher operating leverage, driven by strong organic revenue growth and increased productivity from recent hires and Transformation savings.Financial UpdateAs of Dec 31, 2023, cash and cash equivalents were $1.4 billion, up 12.8% from 2022 end. Long-term debt increased 2.1% to $4.5 billion at quarter-end from 2022 end. Shareholders’ equity decreased 4.9% from the level on Dec 31, 2022, to $9.5 billion as of Dec 31, 2023.Cash flow from operations was $1.3 billion in 2023, up 65.6% from the prior-year period. Free cash flow for 2023 increased 76.8% year over year to $1.2 billion.2024 GuidanceWillis Towers expects to deliver revenues of $9.9 billion and mid-single digit organic revenue growth. The insurer projects to deliver an adjusted operating margin in the range of 22.5-23.5% for 2024. WTW expects to deliver adjusted diluted earnings per share in the range of $15.40-$17. The company projects around $88 million in non-cash pension income for 2024.Willis Towers expects a foreign currency headwind on adjusted earnings per share of approximately $0.02 for 2024 at today’s rates. WTW expects to deliver around $425 million of cumulative run-rate savings from the Transformation program by the end of 2024, up from $380 million previously. The company anticipates total program costs of $1.125 billion, up from $900 million previously.Full-Year HighlightsAdjusted earnings of $14.49 per share beat the Zacks Consensus Estimate by 2.6%. The bottom line increased 8% year over year. Total revenues increased 7% from the year-ago quarter to about $9.5 billion. The top line beat the Zacks Consensus Estimate by 0.1%.How Have Estimates Been Moving Since Then?It turns out, estimates revision have trended downward during the past month.VGM ScoresAt this time, Willis Towers Watson 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 D. If you aren't focused on one strategy, this score is the one you should be interested in.OutlookEstimates have been trending downward for the stock, and the magnitude of these revisions has been net zero. Notably, Willis Towers Watson has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.Performance of an Industry PlayerWillis Towers Watson is part of the Zacks Insurance - Brokerage industry. Over the past month, Arthur J. Gallagher (AJG), a stock from the same industry, has gained 5.3%. The company reported its results for the quarter ended December 2023 more than a month ago.Arthur J. Gallagher reported revenues of $2.39 billion in the last reported quarter, representing a year-over-year change of +19.9%. EPS of $1.85 for the same period compares with $1.54 a year ago.For the current quarter, Arthur J. Gallagher is expected to post earnings of $3.40 per share, indicating a change of +12.2% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.4% over the last 30 days.Arthur J. Gallagher has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of F.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 reportWillis Towers Watson Public Limited Company (WTW) : Free Stock Analysis ReportArthur J. Gallagher & Co. (AJG) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Why Is Willis Towers Watson (WTW) Up 1.1% Since Last Earnings Report?

https://finance.yahoo.com/news/why-willis-towers-watson-wtw-163109532.html

bcc1813e-afe7-3902-926d-ad8ae7ff54f0

WY

SEATTLE, Feb. 15, 2024 /PRNewswire/ -- Devin Stockfish, president and chief executive officer of Weyerhaeuser Company (NYSE: WY), will represent the company at two upcoming investor conferences.Weyerhaeuser Company logo. (PRNewsFoto/Weyerhaeuser Company)Stockfish is scheduled to present at the Raymond James 45th Annual Institutional Investors Conference in Orlando, Florida, on Monday, March 4, 2024, at 1:05 p.m. Eastern, and then at the Citi 2024 Global Property CEO Conference in Hollywood, Florida, on Tuesday, March 5, at 2:55 p.m. Eastern.The webcast links and presentation materials for both conferences can be accessed at https://investor.weyerhaeuser.com, where replays will also be available shortly after the live events.ABOUT WEYERHAEUSERWeyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 10.5 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in North America. Our company is a real estate investment trust. In 2023, we generated $7.7 billion in net sales and employed approximately 9,300 people who serve customers worldwide. Our common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.For more information contact:Analysts – Andy Taylor, 206-539-3907Media – Nancy Thompson, 919-861-0342CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/stockfish-to-represent-weyerhaeuser-at-upcoming-investor-conferences-in-march-302063520.htmlSOURCE Weyerhaeuser Company

PR Newswire

Stockfish to Represent Weyerhaeuser at Upcoming Investor Conferences in March

https://finance.yahoo.com/news/stockfish-represent-weyerhaeuser-upcoming-investor-213000425.html

bab708ca-f5e5-3996-9ed7-68c5ac32454c

WY

Weyerhaeuser Co (NYSE:WY) stands as a titan in timberland ownership and wood product manufacturing, with a sustainable and carbon-negative operational footprint.Strategic acquisitions and a focus on operational excellence position Weyerhaeuser Co (NYSE:WY) to capitalize on market opportunities while navigating competitive and environmental challenges.With a strong governance structure and commitment to ESG practices, Weyerhaeuser Co (NYSE:WY) aligns long-term shareholder value with ethical and sustainable business operations.Weyerhaeuser Co (NYSE:WY) leverages its REIT structure to optimize tax efficiency and shareholder returns, underpinned by a robust asset base and strategic market positioning.Weyerhaeuser Co (NYSE:WY), a leader in the global forest product industry, filed its 10-K on February 16, 2024, revealing a comprehensive overview of its financial and strategic position. As a real estate investment trust (REIT), Weyerhaeuser benefits from tax efficiencies, allowing it to distribute income to shareholders with minimal corporate tax implications. The company's financial tables reflect a solid footing, with an aggregate market value of approximately $24.4 billion as of June 30, 2023. With 729,521 thousand shares outstanding, Weyerhaeuser Co (NYSE:WY) demonstrates a strong market presence and investor confidence. This SWOT analysis delves into the strengths, weaknesses, opportunities, and threats as disclosed in the recent 10-K filing, providing investors with a nuanced understanding of the company's prospects and challenges.Decoding Weyerhaeuser Co (WY): A Strategic SWOT InsightStrengthsMarket Leadership and Sustainable Operations: Weyerhaeuser Co (NYSE:WY) distinguishes itself with its vast ownership of timberlands and its status as one of North America's largest wood product manufacturers. The company's sustainable management practices not only ensure a continuous supply of wood fiber but also contribute positively to the environment, making its operations carbon negative. This environmental stewardship, coupled with industry-leading safety results and recognition for ethics and citizenship, enhances Weyerhaeuser's brand reputation and customer loyalty.Story continuesStrategic Asset Utilization: The company's strategic approach to maximizing timberland value through diverse means, such as harvesting, property sales, and lease agreements, showcases its adeptness in asset management. Weyerhaeuser's ability to analyze and realize the highest-value use of each acre underpins its financial strength, providing a competitive edge in asset utilization and revenue generation.WeaknessesDependence on Housing Market Dynamics: Weyerhaeuser's performance is heavily influenced by the health of the U.S. housing market, which affects demand across all business segments. This dependence subjects the company to cyclical fluctuations and potential downturns in the housing sector, which can impact its timberland and wood products segments' profitability.Competitive Market Pressures: Despite its market leadership, Weyerhaeuser faces intense competition in both domestic and international markets. The company's products compete with numerous substitutes, and its success hinges on maintaining product quality, service levels, and competitive pricing. This environment necessitates continuous innovation and operational efficiency to sustain its market position.OpportunitiesExpansion in Emerging Markets: Weyerhaeuser Co (NYSE:WY) has the opportunity to expand its footprint in emerging markets, where demand for wood-based products is growing. By leveraging its sustainable forestry practices and product quality, the company can tap into new customer bases and diversify its revenue streams.Advancements in Wood Product Technology: Innovation in engineered wood products and building solutions presents Weyerhaeuser with opportunities to meet evolving construction needs. The company's focus on research and development can lead to the creation of advanced materials that offer superior performance and environmental benefits, potentially opening up new market segments.ThreatsEnvironmental Regulations and Climate Change: Stringent environmental regulations and the impacts of climate change pose significant threats to Weyerhaeuser's operations. Compliance with evolving policies and the need to adapt to changing climatic conditions require substantial resources and may affect the company's cost structure and operational flexibility.Economic Uncertainties and Trade Policies: Global economic uncertainties, including trade tensions and policy changes, can disrupt Weyerhaeuser's supply chains and export markets. These external factors can lead to volatility in pricing and demand for the company's products, potentially impacting its financial performance.In conclusion, Weyerhaeuser Co (NYSE:WY) exhibits a robust strategic position, with its sustainable operations and market leadership serving as key strengths. However, the company must navigate the cyclical nature of the housing market and competitive pressures that could impact its profitability. Opportunities for growth lie in emerging markets and technological advancements in wood products, while environmental regulations and economic uncertainties present ongoing threats. Weyerhaeuser's strategic planning and commitment to ESG practices will be critical in leveraging its strengths and opportunities while mitigating its weaknesses and threats.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 Weyerhaeuser Co (WY): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-weyerhaeuser-co-wy-strategic-052048534.html

7ba70256-4a86-331d-a201-0dc21a55eabf

WY

In this article, we will be taking a look at the 14 best real estate and realty stocks to buy according to analysts. To skip our detailed analysis of the real estate sector, you can go directly to see the 5 Best Real Estate and Realty Stocks To Buy According to Analysts.Housing Versus Retail: Where to Invest in Real Estate?The real estate sector has been battling with elevated mortgage rates this year, resulting in the US housing market suffering from a lack of demand among the population. However, some may expect the struggles of the real estate sector to abate as the year progresses, especially as many financial professionals begin to analyze the state of US real estate markets. Several spaces within the real estate sector are under-invested in, leaving the arena free and open for investors looking to make a real estate play.On February 29, Carly Trip, the Head of Investments at Nuveen Real Estate, joined CNBC's "Closing Bell Overtime" to discuss the state of the US real estate markets. Here's what she had to say:"On the residential market, it's kind of like no new news, however what's interesting is that the consumer is really starting to explain their tolerance for mortgage rates. In December we saw really strong numbers, mortgage rates had come in about 50 basis points, bouncing around six and a half. As they have suddenly come up since then and hover above 7%, consumers do not like that. And so we're seeing the results of that in pending home sales. So we expect that that is not gonna improve, inventory will remain low until rates come around 6%, in which case your cost to own versus cost to rent margin really starts to shrink."Despite the above observations, Tripp noted that other areas in the real estate markets are doing better. Here's what she said:"Retail's doing amazingly well. So retail has been the underdog of the last decade. And what we're seeing in our centres is increased activity, a lot of demand, increased sales. The consumer is obviously very resilient and strong. That is accomodating to retail spending, 80% of retail sales do involve a physical store which is a positive for our centres. And not only that, there's no new supply added to retail. Over the last five years, about a 130 million square feet of retail has been converted to other uses, so it's really been under-invested in. So the outlook for retail is very, very strong."Story continuesIndustrial Real Estate Performs WellSimilarly, for the industrial real estate side, Tripp had positive insights to share. Here are some of the comments she made:"Industrial's been incredible. It has performed exactly as real estate should perform. Income has outpaced inflation, right, real estate is expected to be an inflation hedge, that's why it's such a great diversifier to a portfolio. And so we continue to see incredibly strong demand for industrial. Supply has slowed, that was the concern pre-pandemic. However, due to lack of construction spending, lack of financing just generally speaking, bottlenecks in the construction system, we expect that demand is just gonna continue to flow. E-commerce spending is not going anywhere.Considering these highlights, while the residential side of real estate seems to be still struggling in 2024, that does not mean all real estate should be avoided this year. Several other areas within the sector remain ripe for investment. As such, we have compiled a list of some of the best real estate stocks to invest in, including names such as KE Holdings Inc (NYSE:BEKE), Crown Castle International Corp. (NYSE:CCI), and Realty Income Corporation (NYSE:O). These include some of the best real estate stocks with dividends and some of the best real estate stocks to buy for the long term.14 Best Real Estate and Realty Stocks To Buy according to AnalystsAerial view of a large urban cityscape showcasing a major real estate development.Our Methodology We have selected the stocks for our list of the best real estate and realty stocks to buy using estimated upside potential statistics for each stock from TipRanks. The stocks are ranked based on their upside potential, from the lowest to the highest figure. 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.Best Real Estate and Realty Stocks To Buy According to Analysts14. Extra Space Storage, Inc. (NYSE:EXR)Average Analyst Price Target: $149.78Upside Potential: 4.48%Number of Hedge Fund Holders: 26Extra Space Storage, Inc. (NYSE:EXR) is a self-storage real estate investment trust (REIT) company based in Salt Lake City, Utah. The company owns and operates 3,651 self-storage stores in 42 states and Washington, D.C.As of this January, Goldman Sachs analyst Caitlin Burrows maintains a Buy rating and a $187 price target on Extra Space Storage, Inc. (NYSE:EXR).There were 26 hedge funds long Extra Space Storage, Inc. (NYSE:EXR) in the fourth quarter, with a total stake value of $330.8 million.Diamond Hill Capital mentioned Extra Space Storage, Inc. (NYSE:EXR) in its third-quarter 2023 investor letter:“Following a dip in share price after Q2 earnings and rising interest rates, we had an opportunity to make an initial investment in Extra Space Storage Inc. (NYSE:EXR). Despite facing near-term challenges like normalizing street rents and occupancy rates after two years of robust demand, as well as the recent merger with Life Storage, we believe EXR is well positioned for long-term growth of its intrinsic value. It boasts an impressive franchise and perhaps the industry’s best operating platform. The Life Storage acquisition broadens its real estate portfolio and presents more opportunities for growth. While the company faces some near-term headwinds, the recent sell-off created an opportunity for us to acquire shares in this high-quality franchise at a very reasonable price.”Like KE Holdings Inc (NYSE:BEKE), Crown Castle International Corp. (NYSE:CCI), and Realty Income Corporation (NYSE:O), Extra Space Storage, Inc. (NYSE:EXR) is among the best real estate and realty stocks to buy now.13. Crown Castle International Corp. (NYSE:CCI)Average Analyst Price Target: $118.54Upside Potential: 6.74%Number of Hedge Fund Holders: 45This January, Ari Klein at BMO Capital placed a Market Perform rating and a $110 price target on Crown Castle International Corp. (NYSE:CCI).Crown Castle International Corp. (NYSE:CCI) is a telecom tower REIT based in Houston, Texas. The company owns, operates, and leases over 40,000 cell towers and about 90,000 route miles of fiber supporting small cells and fiber solutions across US markets and is among the best real estate stocks to buy.We saw 45 hedge funds long Crown Castle International Corp. (NYSE:CCI) in the fourth quarter, with a total stake value of $1.6 billion.Fisher Asset Management was the largest shareholder in Crown Castle International Corp. (NYSE:CCI) at the end of the fourth quarter, holding 4.6 million shares in the company.12. Weyerhaeuser Company (NYSE:WY)Average Analyst Price Target: $37.50Upside Potential: 7.42%Number of Hedge Fund Holders: 30A total of 30 hedge funds were long Weyerhaeuser Company (NYSE:WY) in the fourth quarter, with a total stake value of $255.9 million.Weyerhaeuser Company (NYSE:WY) is a timber REIT based in Seatlle, Washington. The company is among the world's largest private owners of timberlands, owning and operating about 11 million acres of timberlands in the US.On January 29, RBC Capital reiterated an Outperform rating and a $39 price target on Weyerhaeuser Company (NYSE:WY).11. Invitation Homes Inc. (NYSE:INVH)Average Analyst Price Target: $37.14Upside Potential: 7.53%Number of Hedge Fund Holders: 25D1 Capital Partners was the most prominent shareholder in Invitation Homes Inc. (NYSE:INVH) at the end of the fourth quarter, holding 7.5 million shares in the company.Invitation Homes Inc. (NYSE:INVH) is a single-family residential REIT based in Dallas, Texas. The company leases single-family homes to meet changing lifestyle demands and provide access to high-quality, updated homes in close proximity to good schools and workplaces.RBC Capital reiterated an Outperform rating and a $36 price target on February 15 on Invitation Homes Inc. (NYSE:INVH).Our hedge fund data for the fourth quarter shows 25 hedge funds long Invitation Homes Inc. (NYSE:INVH), with a total stake value of $497.8 million.Here's what Baron Funds said about Invitation Homes Inc. (NYSE:INVH) in its third-quarter 2023 investor letter:“Following strong second quarter results, we modestly increased our investments in single-family rental REITs Invitation Homes, Inc. (NYSE:INVH). Demand conditions for rental homes are attractive due to the sharp decline in home affordability; the propensity to rent in order to avoid mortgage down payments, avoid higher monthly mortgage costs, and maintain flexibility; and the stronger demand for home rentals in suburbs rather than apartment rentals in cities. Rising construction costs are limiting the supply of single-family rental homes in the U.S. housing market. This limited inventory combined with strong demand is leading to robust rent growth.Invitation Homes have an opportunity to partially offset the impact of inflation given that their in-place annual leases are significantly below market rents. Valuations are compelling at mid-5% capitalization rates, and we believe the shares are currently valued at a discount to our assessment of net asset value. We remain mindful that expense headwinds and slower top-line growth could weigh on growth later in 2023 and 2024. We will continue to closely monitor business developments and will adjust our exposures accordingly.”10. Prologis, Inc. (NYSE:PLD)Average Analyst Price Target: $144.94 Upside Potential: 7.68%Number of Hedge Fund Holders: 46Prologis, Inc. (NYSE:PLD) is an industrial REIT based in San Francisco, California. The company is a global leader in logistics real estate with a focus on high-barrier, high-growth markets.In total, 46 hedge funds were long Prologis, Inc. (NYSE:PLD) in the fourth quarter, with a total stake value of $678.3 million.As of February 16, RBC Capital maintains an Outperform rating and a $145 price target on Prologis, Inc. (NYSE:PLD).9. AvalonBay Communities, Inc. (NYSE:AVB)Average Analyst Price Target: $194.70Upside Potential: 9.3%Number of Hedge Fund Holders: 29AvalonBay Communities, Inc. (NYSE:AVB) had 29 hedge funds long its stock in the fourth quarter, with a total stake value of $234.7 million.Morgan Stanley upgraded AvalonBay Communities, Inc. (NYSE:AVB) from Equal Weight to Overweight on February 26, alongside placing a $191.5 piece target on the stock.AvalonBay Communities, Inc. (NYSE:AVB) is a multi-family residential REIT based in Arlington, Virginia. The company owns or holds a direct or indirect ownership interest in 299 apartment communities containing 90,669 apartment homes in 12 states and the District of Columbia.At the end of the fourth quarter, AEW Capital Management was the largest shareholder in AvalonBay Communities, Inc. (NYSE:AVB), holding 769,788 shares in the company.Baron Funds mentioned AvalonBay Communities, Inc. (NYSE:AVB) in its third-quarter 2023 investor letter:“In the third quarter, we maintained our exposure to apartment REIT AvalonBay Communities, Inc. (NYSE:AVB). We believe public valuations remain discounted relative to the private market. Tenant demand remains healthy and rent growth has modestly improved since the first quarter of 2023. Rental apartments continue to benefit from the current homeownership affordability challenges. Multi-family REITs provide partial inflation protection to offset rising costs due to leases that can be reset at higher rents, in some cases, annually. We continue to closely monitor new supply deliveries and job losses in key geographic markets.”8. Mid America Apartment Communities Inc (NYSE:MAA)Average Analyst Price Target: $140.89Upside Potential: 10.39%Number of Hedge Fund Holders: 23Mid America Apartment Communities Inc (NYSE:MAA) is another multi-family residential REIT on our list of the best real estate stocks. It is based in Germantown, Tennessee, and delivers full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, and development of quality apartment communities.Goldman Sachs reinstated a Buy rating and a $149 price target on Mid America Apartment Communities Inc (NYSE:MAA) on February 22.Mid America Apartment Communities Inc (NYSE:MAA) was found in the 13F holdings of 23 hedge funds in the fourth quarter, with a total stake value of $524.3 million.This is what Diamond Hill Capital said about Mid America Apartment Communities Inc (NYSE:MAA) in its third-quarter 2023 investor letter:“Mid-America Apartment Communities, Inc. (NYSE:MAA) is a multifamily-focused REIT which owns, operates, acquires and selectively develops apartment communities, primarily in the Southeast and Southwest US. We have owned MAA in the past and chose to reinitiate a position as concerns about slowing internal growth and headwinds from new supply have pushed the share price down. MAA is a strong franchise with a respected management team, an excellent balance sheet and a well-located portfolio in the Sun Belt. We anticipate the supply concerns will prove a near-term headwind, while its competitive advantages should make it an attractive long-term investment.”7. Alexandria Real Estate Equities, Inc. (NYSE:ARE)Average Analyst Price Target: $142Upside Potential: 14.27%Number of Hedge Fund Holders: 31Alexandria Real Estate Equities, Inc. (NYSE:ARE) was spotted in the portfolios of 31 hedge funds in the fourth quarter, with a total stake value of $214.2 million.On January 31, Wedbush reiterated an Outperform rating and a $140 price target on Alexandria Real Estate Equities, Inc. (NYSE:ARE).Alexandria Real Estate Equities, Inc. (NYSE:ARE) is an office REIT based in Pasadena, California. It owns, operates, and develops collaborate life science, agtech, and advanced technology mega campuses.Baron Funds said the following about Alexandria Real Estate Equities, Inc. (NYSE:ARE) in its third-quarter 2023 investor letter:“Alexandria Real Estate Equities, Inc. (ARE) is the life science industry leader and sole publicly traded life science pure-play REIT. At its current discounted valuation, we believe concerns about competitive supply and distress for some of the company’s biotechnology and health care tenants are overblown and sufficiently discounted in the company’s valuation. We believe the management team has assembled a desirable real estate portfolio, enjoys a leading market share position in its geographic markets, and has solid expectations for long-term demand-driven growth.”6. American Tower Corporation (NYSE:AMT)Average Analyst Price Target: $231.93Upside Potential: 14.95%Number of Hedge Fund Holders: 56American Tower Corporation (NYSE:AMT) is another telecom tower REIT on our list of the best real estate stocks to buy. It is based in Boston, Massachusetts, and is an independent owner, operator, and developer of multitenant communications real estate.An Overweight rating and a $230 price target were maintained on American Tower Corporation (NYSE:AMT) on February 28 by JPMorgan analysts.We saw 56 hedge funds long American Tower Corporation (NYSE:AMT) in the fourth quarter, with a total stake value of $3.2 billion.Baron Funds mentioned American Tower Corporation (NYSE:AMT) in its fourth-quarter 2023 investor letter:“Early in 2023, we sold the majority of our position in American Tower Corporation (NYSE:AMT), a global operator of over 200,000 wireless towers, and even further reduced our modest position in the third quarter of 2023. We had concluded in late 2022 and early 2023 that growth expectations were too high given forthcoming headwinds from significantly higher financing costs (20%-plus exposure to floating rate debt), upcoming debt maturities, continued payment shortfalls from a key tenant in India, foreign exchange headwinds, and a reduction in mobile carrier capital expenditures.Following a sharp decline in American Tower’s shares in the first nine months of 2023, we began rebuilding our position because we believed that the company’s shares had become more attractively valued, growth headwinds were better understood, and the potential monetization event of its India business would ultimately be value accretive to its business. Further, we believe that 2023 will mark the trough in earnings growth for American Tower and growth should reaccelerate in the next few years.”Like KE Holdings Inc (NYSE:BEKE), Crown Castle International Corp. (NYSE:CCI), and Realty Income Corporation (NYSE:O), American Tower Corporation (NYSE:AMT) is among the best real estate stocks to buy now. Click to continue reading and see 5 Best Real Estate and Realty Stocks To Buy According to Analysts. Suggested articles:25 Fastest Growing Real Estate Markets in the US13 Most Profitable Real Estate Stocks Now12 Best Real Estate and Realty Stocks to BuyDisclosure: None. 14 Best Real Estate and Realty Stocks To Buy According to Analysts is originally published on Insider Monkey.

Insider Monkey

14 Best Real Estate and Realty Stocks To Buy According to Analysts

https://finance.yahoo.com/news/14-best-real-estate-realty-131053697.html

2e1df458-4301-3a94-ba21-81f229d13e6f

WY

Weyerhaeuser Co (NYSE:WY), a leader in timberland management and the manufacture of wood products, recently saw a significant insider sell from its Senior Vice President & Chief Financial Officer (CFO), David Wold. According to a SEC Filing dated 2024-03-04, the insider disposed of 9,272 shares of the company.Over the past year, David Wold has been active in the market, selling a total of 12,965 shares and making no purchases of the company's stock. This latest transaction continues the trend of insider selling at Weyerhaeuser Co, with a total of 11 insider sells and no insider buys occurring over the same period.Senior Vice President & CFO David Wold Sells Shares of Weyerhaeuser Co (WY)The shares were sold at a price of $35.16, valuing the transaction at a market cap of $25.124 billion for Weyerhaeuser Co. This price reflects a price-earnings ratio of 29.95, which stands above both the industry median of 16.91 and the historical median for the company. This indicates that the stock is trading at a premium compared to its peers and its own historical valuation levels.Senior Vice President & CFO David Wold Sells Shares of Weyerhaeuser Co (WY)Furthermore, the stock's price-to-GF-Value ratio is currently at 1.18, with the GF Value being $29.89. This suggests that Weyerhaeuser Co is modestly overvalued according to GuruFocus's intrinsic value estimate. The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.The insider's recent sell-off could be of interest to investors monitoring insider behaviors as an indicator of company performance and valuation. However, it is important to note that insider transactions are not necessarily indicative of future stock performance and should be considered alongside other financial analyses and market research.Warning! GuruFocus has detected 6 Warning Sign with VSH.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

Senior Vice President & CFO David Wold Sells Shares of Weyerhaeuser Co (WY)

https://finance.yahoo.com/news/senior-vice-president-cfo-david-045312368.html

41f20388-da59-3d84-9c6a-243eabc189af

WYNN

Wynn Resorts Ltd (NASDAQ:WYNN) demonstrates resilience with a strong recovery in Macau operations post-pandemic.Strategic expansion and innovation remain at the forefront of WYNN's growth agenda.WYNN faces intense competition and geopolitical risks that could impact future performance.Commitment to sustainability and corporate social responsibility strengthens WYNN's brand reputation.Warning! GuruFocus has detected 6 Warning Signs with WYNN.On February 23, 2024, Wynn Resorts Ltd (NASDAQ:WYNN) filed its annual 10-K report, providing a comprehensive overview of its financial health and strategic direction. As a premier operator of luxury casinos and resorts, WYNN has shown a commendable recovery in its Macau operations, with gaming revenues bouncing back to $22.7 billion in 2023, a significant rise from the pandemic-stricken figures. The Las Vegas operations also reported increased gaming revenues and visitation, indicating a robust rebound in the tourism and gaming sectors. Wynn Resorts continues to innovate, with plans to open a new building next to Wynn Palace around 2028 and a phased development adjacent to Encore Boston Harbor expected to open in 2026. Despite these positive developments, WYNN faces stiff competition and must navigate geopolitical tensions that could affect consumer spending and travel. The company's commitment to sustainability, as evidenced by its investments in renewable energy and corporate social responsibility initiatives, enhances its reputation and aligns with modern stakeholder expectations.Decoding Wynn Resorts Ltd (WYNN): A Strategic SWOT InsightStrengthsBrand Prestige and Luxury Experience: Wynn Resorts Ltd (NASDAQ:WYNN) has established itself as a symbol of luxury and exclusivity in the hospitality and gaming industry. The company's resorts are synonymous with high-end amenities and superior customer service, which have been instrumental in attracting a premium clientele. This brand prestige is underpinned by numerous awards and recognitions, including high rankings in the luxury hotel category. Wynn's focus on artistry and championship craftsmanship has set its properties apart, creating a unique and memorable experience for guests. The company's strategic emphasis on service-driven culture and excellence has not only fostered customer loyalty but also enhanced its competitive positioning in the market.Story continuesStrategic Geographic Presence: Wynn Resorts' strategic locations in key tourist destinations like Macau and Las Vegas have been a major strength. The Macau operations, in particular, benefit from being part of one of the world's largest concentrations of potential gaming and tourism customers. With the recent renewal of the gaming concession contract for another 10 years, Wynn Macau SA is well-positioned to capitalize on the region's growth. The Las Vegas operations also enjoy a prime position in the largest gaming market in the United States, with Wynn Las Vegas and Encore contributing significantly to the company's revenue streams. These strategic locations, coupled with Wynn's reputation for luxury, position the company to continue capturing a significant share of the high-end gaming and tourism market.WeaknessesDependence on Limited Number of Properties: Wynn Resorts Ltd (NASDAQ:WYNN) operates a relatively small number of properties, which could be seen as a weakness. This concentration means that the company's financial performance is heavily reliant on the success and stability of a few key resorts. Any adverse events affecting these locations, such as regulatory changes, economic downturns, or other disruptions, could have a disproportionate impact on Wynn's overall financial health. Additionally, the company's ability to generate cash flow and pay dividends is contingent on the performance of these properties, which adds an element of risk for investors.Geopolitical Sensitivities and Regulatory Risks: Wynn Resorts' operations are sensitive to geopolitical tensions and regulatory changes, particularly in Macau, which is governed as a special administrative region of China. Changes in visa policies, travel restrictions, or diplomatic relations can significantly affect visitation and spending patterns at Wynn's properties. The gaming industry in Macau has previously experienced volatility due to such factors, and Wynn's reliance on this market exposes it to potential fluctuations in revenue. Moreover, the company must navigate complex regulatory environments in all its locations, which requires constant vigilance and adaptability to ensure compliance and maintain its gaming licenses.OpportunitiesExpansion and Diversification: Wynn Resorts Ltd (NASDAQ:WYNN) has significant opportunities for expansion and diversification. The company's planned developments, such as the new building next to Wynn Palace and the phased development adjacent to Encore Boston Harbor, are poised to enhance its portfolio and attract new customer segments. These projects are expected to introduce additional gaming facilities, entertainment venues, and other amenities that will drive growth. Furthermore, Wynn's investment in a new integrated resort property in Ras Al Khaimah, United Arab Emirates, signals its intention to diversify geographically and tap into new markets, potentially mitigating risks associated with its current geographic concentration.Recovery and Growth in Post-Pandemic Era: As the world recovers from the COVID-19 pandemic, Wynn Resorts is well-positioned to benefit from the resurgence in global travel and tourism. The lifting of travel restrictions and the return of consumer confidence are likely to result in increased visitation and spending across Wynn's properties. The company's strong brand and reputation for luxury could attract high-net-worth individuals looking for premium experiences, providing a significant opportunity for revenue growth. Additionally, Wynn's commitment to health and safety measures will be crucial in reassuring guests and maintaining its position as a destination of choice in the post-pandemic landscape.ThreatsIntense Competition and Market Saturation: Wynn Resorts Ltd (NASDAQ:WYNN) operates in an industry characterized by intense competition. The company faces challenges from a multitude of high-quality resorts that compete on various fronts, including amenities,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 Wynn Resorts Ltd (WYNN): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-wynn-resorts-ltd-wynn-050602719.html

05ab0d1a-b8bc-3411-a678-dafa3604f6e7

WYNN

Wynn Resorts (NASDAQ:WYNN) Full Year 2023 ResultsKey Financial ResultsRevenue: US$6.53b (up 74% from FY 2022).Net income: US$730.0m (up from US$423.9m loss in FY 2022).Profit margin: 11% (up from net loss in FY 2022).EPS: US$6.49 (up from US$3.73 loss in FY 2022).earnings-and-revenue-historyAll figures shown in the chart above are for the trailing 12 month (TTM) periodWynn Resorts Revenues and Earnings Beat ExpectationsRevenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates significantly.Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US.Performance of the American Hospitality industry.The company's share price is broadly unchanged from a week ago.Risk AnalysisYou should always think about risks. Case in point, we've spotted 5 warning signs for Wynn Resorts you should be aware of, and 2 of them are a bit concerning.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.

Wynn Resorts Full Year 2023 Earnings: Beats Expectations

https://finance.yahoo.com/news/wynn-resorts-full-2023-earnings-102003042.html

110dc558-3d8f-3c19-a768-2e468ae9a0e1

WYNN

A month has gone by since the last earnings report for Wynn Resorts (WYNN). Shares have lost about 4.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Wynn due for a breakout? 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.Wynn Resorts Q4 Earnings & Revenues Beat EstimatesWynn Resorts reported impressive fourth-quarter 2023 results, with earnings and revenues surpassing the Zacks Consensus Estimate. Also, the top and the bottom line rose year over year.Q4 Earnings & RevenuesDuring the quarter, the company reported adjusted earnings per share (EPS) of $1.91, beating the Zacks Consensus Estimate of $1.12 by 70.5%. In the prior-year quarter, the company reported an adjusted loss of $1.23 per share.Quarterly revenues of $1.8 billion surpassed the consensus mark of $1.7 billion by 7%. Also, the top line increased 83.1% on a year-over-year basis. Solid contributions from Macau and Las Vegas Operations backed the upside.Wynn Palace OperationsDuring the fourth quarter of 2023, Wynn Palace’s operating revenues were $524.4 million compared with $113.1 million reported in the prior-year quarter. Our model predicted segmental revenues at $552.2 million.Casino revenues in the reported quarter totaled $417.3 million compared with $68.9 million reported in the prior-year quarter. Rooms and food and beverage revenues surged a whopping 311.5% and 156.4% year over year to $50.5 million and $29.5 million, respectively. During the quarter under review, entertainment, retail and other revenues increased 33% year over year to $27.1 million.In the VIP segment, table games turnover was $3.16 billion, up 201.8% year over year. VIP table games win (loss) rate (based on turnover) was 2.97% compared with 0.11% reported in the prior-year quarter. Table drop in the mass market segment was $1.71 billion compared with $373.3 million reported in the prior-year quarter. Table game wins in mass market operations amounted to $404.5 million compared with $86.9 million reported in the prior-year quarter.During the reported quarter, revenue per available room, or RevPAR, increased 319.2% year over year to $306. Occupancy levels in the segment were 98.3% compared with 50.1% reported in the prior-year quarter. The average daily rate (ADR) during the quarter was $311, up 113% on a year-over-year basis.Story continuesWynn Macau OperationsDuring the fourth quarter, Wynn Macau’s operating revenues amounted to $386.2 million compared with $77.2 million reported in the prior-year quarter. For this business operation, we projected year-over-year growth of 289.5% to $300.7 million.Casino revenues in the reported quarter were $320.6 million, up 523.6% year over year. Rooms and entertainment and retail and other revenues surged 313.4% and 36.5% year over year to $29.5 million and $15.3 million, respectively. During the quarter, food and beverage revenues increased 178.5% year over year to $20.8 million.Table games turnover in the VIP segment increased 227.2% year over year to $1.4 billion. The VIP table games win rate (based on turnover) was 4.37%, up from 1.20% reported in the prior-year quarter.Table drop in the mass market segment was $1.56 billion compared with $317.8 million reported in the prior-year quarter. Table games win in the mass market category was $297.7 million compared with $54.7 million reported in the prior-year quarter.During the reported quarter, RevPAR grew 301.4% year over year to $281. Occupancy levels in the segment were 99.4% compared with 51.8% in the prior-year quarter. Furthermore, ADR was $282, up 108.9% year over year.Las Vegas OperationsDuring the fourth quarter, operating revenues from Las Vegas operations were $696.8 million compared with $585.5 million reported in the prior-year quarter. Our projection for the metric was $586.4 million.Casino revenues increased 18.6% year over year to $167.6 million. Revenues from food and beverage grew 13.4% to $199.7 million. Also, the revenues for rooms as well as entertainment, retail and other increased by 27.5% and 11.7% year over year to $243 million and $86.5 million, respectively.Table games drop was up 11.3% year over year to $657.5 million. Table game wins also increased 33.2% year over year to $167.1 million. During the fourth quarter, table games win percentage of 25.4% was above 21.2% reported in the prior-year quarter.During the quarter under review, RevPAR rose 26.6% year over year to $561. The occupancy rate was 88.9%, up from 89.9% reported in the prior-year period. ADR was $631, up 28.3% year over year.Encore Boston HarborDuring the fourth quarter, operating revenues from Encore Boston Harbor operations amounted to $217.1 million, down from $218.3 million reported in the prior-year quarter. Our projection for the metric was $229.8 million.Casino revenues dropped 0.7% year over year to $160.5 million. Revenues from rooms increased 4.5% year over year to $24.3 million. Revenues from food and beverage and entertainment, retail and other declined by 4.4% and 1.6% year over year to $21.6 million and $10.8 million, respectively.During the quarter, table games win percentage of 22% was below 21.9% reported in the prior-year quarter.During the reported quarter, RevPAR increased 3.9% year over year to $395. The occupancy rate was 93.3%, down from 93.9% reported in the prior-year quarter. ADR was $424, up 5% year over year.Operating PerformanceDuring the fourth quarter of 2023, adjusted property EBITDAR was $630.4 million compared with $195.1 million reported in the prior-year quarter.In the quarter under review, adjusted property EBITDAR from total Macau totaled $297 million against ($59.1) million reported in the prior-year quarter. Adjusted property EBITDAR from Las Vegas operations was $270.8 million compared with $219.3 million reported in the year-ago quarter. Adjusted property EBITDAR from Encore Boston Harbor was $64.4 million compared with $63.3 million reported in the prior-year quarter.Cash PositionAs of Dec 31, 2023, Wynn Resorts’ cash and cash equivalents totaled $2.88 billion compared with $2.79 billion reported as of Sep 30, 2023.Total current and outstanding debt at the end of fourth-quarter 2023 amounted to $11.74 billion. The figure included $2.25 billion of Wynn Las Vegas-related debt, $6.74 billion of Macau debt, $2.13 billion of Wynn Resorts Finance debt and $614.1 million of debt held by the retail joint venture, which the company consolidated.Other UpdatesDuring the quarter, WYNN launched its concession-related capital project in collaboration with Illuminarium, and received positive customer feedback. The company is actively planning other concession-related projects like the Destination Food Hall, an entertainment center and a production show. The company reported solid progress with respect to the construction at Wynn Al Marjan Island. It reported substantial completion of the hotel tower and podium foundation. The management is optimistic in the resort's potential to become a prominent tourism hotspot in the UAE.2023 HighlightsTotal revenues in 2023 came in at $6.5 billion compared with $3.8 billion in 2022.Adjusted EBITDAR in 2023 came in at $2.1 billion compared with $725.4 million in 2022.In 2023, adjusted EPS came in at $4.10 against $(4.47) reported in the previous year.How Have Estimates Been Moving Since Then?In the past month, investors have witnessed an upward trend in estimates review.The consensus estimate has shifted 17.99% due to these changes.VGM ScoresCurrently, Wynn has a strong Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. Following the exact same course, the stock was allocated a grade of B on the value side, putting it in the second quintile 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 trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Wynn has a Zacks Rank #2 (Buy). We expect an above average 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 reportWynn Resorts, Limited (WYNN) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Wynn (WYNN) Down 4.7% Since Last Earnings Report: Can It Rebound?

https://finance.yahoo.com/news/wynn-wynn-down-4-7-163052149.html

5c56ce4e-a347-3481-b733-916e4aac07a3

WYNN

LAS VEGAS, March 09, 2024--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts") today announced the final results of the previously announced tender offer (the "Tender Offer") by its indirect wholly-owned subsidiary, Wynn Las Vegas, LLC, to purchase a portion of Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp.’s outstanding 5.500% Senior Notes due 2025 (the "Notes"). The Tender Offer is subject to the terms and conditions set forth in the Offer to Purchase dated February 8, 2024 (the "Offer to Purchase").The following table sets forth, among other things, the principal amount of Notes validly tendered and accepted for purchase as of 5:00 p.m., New York City time, on March 8, 2024 (such date, the "Expiration Date"):Title of NotesCUSIP NumbersAggregate PrincipalAmount OutstandingTender CapPrincipal AmountTendered at Expiration DatePrincipal AmountAccepted for Purchase5.500% Senior Notes due 2025983130 AV7U98347 AK0$1,400,001,000$800,000,000$680,986,000$680,986,000The Tender Offer expired at 5:00 P.M., New York City time, on March 8, 2024 (the "Expiration Time"). Withdrawal and revocation rights expired at 5:00 p.m., New York City time, on February 22, 2024. Notes that have been tendered may no longer be withdrawn.For Notes that were validly tendered after 5:00 P.M., New York City time, on February 22, 2024 but on or before the Expiration Time and that are accepted for payment and purchase, settlement will occur on the "Final Settlement Date," which is currently expected to occur on March 11, 2024. Payment for the Notes that are purchased will include accrued and unpaid interest from the last interest payment date to, but excluding, the Final Settlement Date.Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp. are also redeeming $119,015,000 of the Notes on March 27, 2024.This press release does not constitute an offer to purchase or the solicitation of an offer to sell the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.Story continuesDeutsche Bank Securities Inc. and Scotia Capital (USA) Inc. are the dealer managers for the Tender Offer. Persons with questions regarding the Tender Offer should contact Deutsche Bank Securities Inc. by telephone at (855) 287-1922 (U.S. toll-free) and (212) 250-7527 (collect) or Scotia Capital (USA) Inc. by telephone at (833) 498-1660. Requests for copies of the Offer to Purchase should be directed to D.F. King & Co., Inc., the tender and information agent for the Tender Offer, at [email protected], by telephone at (866) 796-3441 (U.S. toll free) and (212) 269-5550 (banks and brokers) or in writing at D.F. King & Co., Inc., 48 Wall Street, 22nd Floor, New York, NY 10005, Attention: Michael Horthman.Forward-Looking StatementsThis release contains forward-looking statements, including those related to the tender for Notes, the redemption and whether or not Wynn Las Vegas, LLC will consummate the Tender Offer or the redemption. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those we express in these forward-looking statements, including, but not limited to, reductions in discretionary consumer spending, adverse macroeconomic conditions and their impact on levels of disposable consumer income and wealth, changes in interest rates, inflation, a decline in general economic activity or recession in the U.S. and/or global economies, extensive regulation of our business, pending or future legal proceedings, ability to maintain gaming licenses and concessions, dependence on key employees, general global political conditions, adverse tourism trends, travel disruptions caused by events outside of our control, dependence on a limited number of resorts, competition in the casino/hotel and resort industries, uncertainties over the development and success of new gaming and resort properties, construction and regulatory risks associated with current and future projects (including Wynn Al Marjan Island), cybersecurity risk and our leverage and ability to meet our debt service obligations. Additional information concerning potential factors that could affect Wynn Resorts’ financial results is included in Wynn Resorts’ Annual Report on Form 10-K for the year ended December 31, 2022, as supplemented by Wynn Resorts’ other periodic reports filed with the Securities and Exchange Commission from time to time. Neither Wynn Resorts nor Wynn Las Vegas, LLC are under any obligation to (and expressly disclaim any such obligation to) update or revise their forward-looking statements as a result of new information, future events or otherwise, except as required by law.View source version on businesswire.com: https://www.businesswire.com/news/home/20240308452890/en/ContactsPrice [email protected]

Business Wire

Wynn Resorts Announces Final Results of Tender Offer for Cash by Wynn Las Vegas, LLC for its 5.500% Senior Notes due 2025

https://finance.yahoo.com/news/wynn-resorts-announces-final-results-013900075.html

9336dad9-5723-3868-b30b-79ff0924dece

XEL

MINNEAPOLIS, February 21, 2024--(BUSINESS WIRE)--The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today raised the quarterly dividend on the company’s common stock from 52 cents per share to 54.75 cents per share, which is equivalent to an annual rate of $2.19 per share. The dividends are payable April 20, 2024, to shareholders of record on March 15, 2024."Today’s dividend increase of 5.3% marks the twenty first consecutive year that Xcel Energy has increased its dividend. It signals the strength of our business and our recognition of the importance of dividend growth to our shareholders," said Bob Frenzel, chairman, president and CEO of Xcel Energy."In addition, we have established a long-term dividend payout ratio target of 50-60 percent. Our dividend growth and earnings per share growth objectives remain 5-7 percent annually," said Frenzel.Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.8 million electricity customers and 2.2 million natural gas customers through its regulated operating companies. Company headquarters are located in Minneapolis. More information is available at www.xcelenergy.com.This information is not given in connection with any sale or offer for sale or offer to buy any securities.Statements in this press release regarding Xcel Energy’s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K for the most recently ended fiscal year.View source version on businesswire.com: https://www.businesswire.com/news/home/20240221147052/en/ContactsXcel Energy, MinneapolisShareholder ServicesDarin Norman (612) 337-2310orPaul Johnson, Vice President, Treasurer & Investor Relations (612) 215-4535orXcel Energy Media Relations Representatives (612) 215-5300

Business Wire

Xcel Energy Inc. Board Increases 2024 Common Dividend 5.3%, Declares Dividend on Common Stock

https://finance.yahoo.com/news/xcel-energy-inc-board-increases-170600146.html

4189c5dd-bf3d-3d77-9fc1-03ab3b007dec

XEL

Comprehensive SWOT analysis based on Xcel Energy Inc's latest 10-K filing.Deep dive into the company's financial performance, strategic initiatives, and market positioning.Exploration of Xcel Energy Inc's future prospects in the context of industry trends and competitive landscape.Warning! GuruFocus has detected 7 Warning Signs with XEL.On February 21, 2024, Xcel Energy Inc (NASDAQ:XEL), a leading utility company, filed its annual 10-K report with the SEC, providing a detailed overview of its financial performance and strategic direction. With a market capitalization of over $34 billion as of mid-2023, Xcel Energy Inc manages utilities serving 3.8 million electric customers and 2.2 million natural gas customers across eight states. The company has demonstrated a strong commitment to delivering competitive total returns to investors, achieving consistent financial objectives, and leading the clean energy transition. In the fiscal year 2023, Xcel Energy Inc reported revenues of $2,645 million, reflecting its robust financial health and operational efficiency. This SWOT analysis will delve into the strengths, weaknesses, opportunities, and threats as revealed by the latest financial data and strategic priorities outlined in the filing.Decoding Xcel Energy Inc (XEL): A Strategic SWOT InsightStrengthsLeadership in Clean Energy Transition: Xcel Energy Inc stands out for its pioneering vision of achieving 100% carbon-free electricity by 2050, with an interim goal of an 80% reduction by 2030 from 2005 levels. This commitment aligns with the Paris Climate Accords and is supported by the company's substantial wind capacity, which exceeds 11,000 MW. The "Steel for Fuel" strategy has already saved customers nearly $4 billion since 2017, showcasing the company's ability to leverage renewable resources for cost savings and environmental benefits.Financial Resilience and Shareholder Value: Xcel Energy Inc's financial performance is a testament to its resilience and strategic execution. With ongoing earnings per share growing annually by 6.3% and dividends per share by 6.5% over the past five years, the company has met or exceeded its earnings guidance for 19 consecutive years. This consistent performance, coupled with a disciplined approach to growth and operations, positions Xcel Energy Inc favorably among investors seeking reliable returns.Story continuesWeaknessesRegulatory and Operational Risks: As a utility provider, Xcel Energy Inc is subject to extensive regulation and operational risks that can impact its performance. The company's natural gas and electric operations involve hazards such as leaks, explosions, and outages, which could lead to financial losses, environmental pollution, or damage to its reputation. While insurance covers most risks, not all potential events are fully insured, leaving the company exposed to unforeseen liabilities.Dependence on Economic Conditions: Xcel Energy Inc's operations are sensitive to economic fluctuations, which can affect customer growth and energy demand. Factors such as recessions, rising interest rates, or increased unemployment can impact the company's financial health by reducing sales or leading to higher bad debt expenses. This dependence on the broader economy introduces a level of uncertainty in the company's performance.OpportunitiesTechnological Advancements and Customer Engagement: The ongoing installation of smart electric meters presents an opportunity for Xcel Energy Inc to enhance customer engagement and operational efficiency. These meters provide real-time communication, empowering customers to manage their energy usage and costs more effectively. Additionally, the company's investments in digital tools and advanced operational technologies can lead to improved service delivery and customer satisfaction.Infrastructure Investment and Community Development: Xcel Energy Inc's $12 billion capital plan for 2024-2028 focuses on strengthening transmission and distribution systems, which is crucial for supporting the clean energy transition and ensuring system reliability. The company's efforts in fostering economic development and community investment, such as creating jobs and supporting local nonprofits, further solidify its role as a community partner and can enhance its public image and customer loyalty.ThreatsCompetitive Pressures and Market Dynamics: The utility sector is experiencing increased competition from distributed energy resources, such as rooftop solar and community solar gardens. Incentives and federal tax subsidies for these alternatives pose a threat to Xcel Energy Inc's traditional electric service business. Additionally, the company's industrial and large commercial customers have the capability to generate their own electricity, which could erode Xcel Energy Inc's market share.Environmental and Public Policy Changes: Xcel Energy Inc's operations and strategic goals are influenced by environmental regulations and public policies. Changes in these areas can impose additional compliance costs or necessitate operational adjustments. The company must navigate these regulatory landscapes effectively to maintain its competitive edge and achieve its sustainability objectives.In conclusion, Xcel Energy Inc (NASDAQ:XEL) exhibits a robust set of strengths, including its leadership in the clean energy transition and a strong track record of financial performance. However, it must navigate inherent weaknesses such as regulatory and operational risks, as well as economic dependencies. The company is well-positioned to capitalize on opportunities presented by technological advancements and infrastructure investments. Nevertheless, it faces threats from competitive pressures and evolving environmental policies. By leveraging its strengths and addressing its weaknesses, Xcel Energy Inc can continue to seize opportunities and mitigate threats, ensuring its long-term success in a dynamic energy market.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 Xcel Energy Inc (XEL): A Strategic SWOT Insight

https://finance.yahoo.com/news/decoding-xcel-energy-inc-xel-050839089.html

00119f9a-59f0-30b6-9d17-88a4ebefeba2

XEL

Xcel Energy said it believes its own facilities have been involved in starting massive wildfires still raging in Texas.Continue reading

The Wall Street Journal

Power Lines Sparked Largest Wildfire in Texas History

https://finance.yahoo.com/m/e5ab5d13-44a4-38f3-b103-0ea9554342a0/power-lines-sparked-largest.html

e5ab5d13-44a4-38f3-b103-0ea9554342a0

XEL

(Bloomberg) -- Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to the Golden State. No more.Most Read from BloombergBillions Pour Into Nigeria as Tinubu’s Reforms Start to Pay OffUnited Plane Veers Off Runway in Third Boeing Mishap of WeekTSMC to Win More Than $5 Billion in Grants for US Chip PlantSummers Says Fed Is ‘Wrong’ on Neutral, Warns on Rate-Cut BetsStocks Suffer ‘Heat Check’ as Rally Hits a Wall: Markets WrapTexas officials on Thursday blamed the state’s largest-ever fire on electrical lines sparking in dry brush, fed by blasting winds into a million-acre inferno. The same combination of high winds, power lines and dry grass last year may have been responsible for razing the seaside town of Lahaina on Maui, a place once considered too lush to burn. Fast-moving fires blamed on utility equipment leveled homes in Colorado in 2021 and Oregon in 2020.Across a vast swath of the western US, climate change and aging infrastructure have forced utilities to confront a harsh new reality that threatens both the communities they serve as well as their own survival. The danger first became clear in California, where the state’s largest utility — PG&E Corp. — tumbled into bankruptcy in 2019 after fires sparked by its power lines killed dozens of people in wine country and the Sierra Nevada foothills. But it’s spreading, as a warmer and often drier climate leaves landscapes primed to burn.“We’re having fires at times of the year when we didn’t used to have them — and in parts of the country where they didn’t used to have them,” said Emily Fisher, executive vice president for clean energy at the Edison Electric Institute, a utility industry trade group. “The changes are impacting the entire West and are moving further east all the time.”Investors have noticed. Electric utilities once were considered safe, boring investments, prized for their dividends and slow, steady growth. But last month, famed value-investor Warren Buffett warned the “specter of zero profitability or even bankruptcy” loomed over utilities in some Western states.Story continues“Certain utilities might no longer attract the savings of American citizens,” Buffett said in his annual letter to investors in his Berkshire Hathaway Inc. Berkshire’s PacifiCorp utility faces claims of about $8 billion from fires in Oregon and California that lawsuits blame on the utility’s equipment and this week was hit with a verdict worth at least $29 million in one of the cases.Read More: Buffett’s Oregon Fire Costs Grow as He Sours on UtilitiesTwo days after Buffett’s letter, the Smokehouse Creek Fire erupted in the Texas Panhandle and quickly raged out of control. The state forest service on Thursday said its investigators had determined power lines ignited both that blaze and another nearby, the Windy Deuce Fire. Utility-owner Xcel Energy Inc. said earlier in the day that its equipment was likely involved in the start of the Smokehouse Creek Fire, which has destroyed up to 64 homes and killed at least two people. Xcel said it doesn’t believe its power lines sparked the Windy Deuce blaze.Xcel disputes claims made in a lawsuit filed against the company last week on behalf of a homeowner that it acted negligently in maintaining and operating its power infrastructure ahead of the Smokehouse Creek Fire. Xcel, which operates utilities in 8 states in the central and Western US, also faces lawsuits that accuse one of its units of starting the most destructive fire in Colorado history. State officials concluded that was caused in part by a power line that snapped.Michael Wara, director of the Climate and Energy Policy Program at Stanford University, said the wildfire problem first appeared in Southern California before expanding to Northern California and then other Western states. “We are seeing more frequent fire weather conditions that create significant danger,” he said.The threat has changed the way utilities operate, sometimes in ways that anger their customers. California utilities now switch off power lines when fire danger is highest — typically, in advance of wind storms during the annual dry season — leaving homeowners and businesses to fend for themselves. The companies also are spending heavily to harden their equipment, replacing old wooden power poles, covering some power lines with a protective sheath while burying others underground. The inevitable impact on customers’ bills has already provoked a backlash, but more spending may be needed.“A lot of the focus had been in California for the last decade, but you are seeing more wildfire incidents impact other utilities, and that’s going to put more pressure on the industry overall to address wildfire risk,” said Travis Miller, a utility analyst for Morningstar Inc. “The recent wildfires have raised some questions about whether utilities are investing enough to maintain a reliable and safe system,” Miller said.(Adds comments from Stanford University’s Michael Wara in ninth paragraph.)Most Read from Bloomberg BusinessweekHow Apple Sank About $1 Billion a Year Into a Car It Never BuiltHow Microsoft’s Bing Helps Maintain Beijing’s Great FirewallThe Battle to Unseat the Aeron, the World’s Most Coveted Office ChairAirbus Is Soaring at Boeing’s ExpenseElon Musk Is Right About OpenAI But for the Wrong Reasons©2024 Bloomberg L.P.

Bloomberg

Huge Texas Blaze Shows Power-Line Fires Are a Widespread Threat

https://finance.yahoo.com/news/huge-texas-blaze-shows-power-215249366.html

6d63cfd9-a5f3-3347-bf3b-08bf6b011ed3

XOM

Over the past quarter of a century, Salesforce (CRM) has become one of the global leaders in the cloud-based software industry. In 2022 alone, Salesforce's revenue topped $31 billion, a more than 18% year-over-year increase.But what led to Salesforce's growth in the cloud computing industry? Beyond the Ticker takes a closer look at some of the company's biggest moments.1999Salesforce was founded by former Oracle executive Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez, specializing in software as a service (SaaS).2000The dot com bubble burst, and the company was forced to lay off 20% of its employees.On February 7, 2000, Salesforce.com officially launched an event themed around “The End of Software” at San Francisco’s Regency Theater featuring The B-52s.2003Salesforce continued to grow, with its revenue skyrocketing to over $100 million by December 2003.2004In June 2004, the company went public via initial public offering (IPO) on the New York Stock Exchange at $11 per share.2009Salesforce had an annual revenue of just over $1 billion.That same year, Salesforce launched Service Cloud for customer service and support automation.2014Salesforce debuted Trailhead, a free online learning platform empowering anyone — regardless of education level — to develop the skills needed to land top tech jobs.2016The company launched Einstein, the first comprehensive artificial intelligence (AI) technology for customer relationship management (CRM), making AI accessible to every company and business user.2020Salesforce was added to the Dow Jones Industrial Average (^DJI), replacing energy giant ExxonMobil (XOM).2021Salesforce completed the acquisition of Slack for $27.7 billion, its largest acquisition to date.2023The company introduced the next generation of Einstein AI, Einstein GPT, the world’s first generative AI for CRM.From its humble beginnings to a market cap of over $276 billion, Salesforce now stands as one of the world's most distinguished software companies.Story continuesFrom tech giants to retail titans, Beyond the Ticker is a historical series that takes a deep dive into some of Wall Street's trending companies and how they transformed into the financial icons they are today.Check out more of our Beyond the Ticker series, and be sure to tune in to Yahoo Finance.Editor's note: This video was produced by Zach Faulds.Video Transcript[MUSIC PLAYING]Over the past quarter of a century, Salesforce has become one of the global leaders in the Cloud-based software industry. In 2022 alone, the company's revenue topped $31 billion, a more than 18% year-over-year increase. But what led to Salesforce's growth in the Cloud computing industry? Beyond the Ticker takes a closer look at some of the company's biggest moments. Salesforce was founded in 1999 by former Oracle executive Marc Benioff, Parker Harris, David Moellenhoff, and Frank Dominguez specializing in software as a service.But just a year later, dot-com bubble burst, and the company was forced to lay off 20% of its employees. On February 7, 2000, Salesforce.com officially launched an event themed around the end of software at San Francisco's Regency theater featuring the B-52's. Salesforce continued to grow with its revenue skyrocketing to over $100 million by December 2003. And in June 2004, the company went public via IPO on the New York Stock Exchange at $11 per share.In 2009, Salesforce's annual revenue topped out at just over $1 billion. And the same year, the company launched Service Cloud for customer service and support automation. Five years later, Salesforce debuted Trailhead, a free online learning platform empowering anyone regardless of education level to develop the skills needed to land top tech jobs. Two years later, the company launched Einstein, the first comprehensive AI technology for customer relationship management making AI accessible to every company and business user.In 2020, Salesforce was added to the Dow Jones Industrial Average replacing energy giant ExxonMobil. And in 2021, Salesforce completed the acquisition of Slack for $27.7 billion, its largest acquisition to date. Two years later, the company introduced the next generation of Einstein AI, Einstein GPT, the world's first generative AI for CRM. From its humble beginnings to a market cap of over $276 billion, Salesforce now stands as one of the world's most distinguished software companies.[MUSIC PLAYING]

Yahoo Finance Video

Salesforce history: Beyond the Ticker

https://finance.yahoo.com/video/salesforce-history-beyond-ticker-213321115.html

93c8cb25-5e33-3041-98db-59ffeb8cd2c6

XOM

ExxonMobil (NYSE: XOM) firmly believes oil and gas will play a vital role in fueling the global economy in the decades ahead. One factor driving that view is the emergence of carbon capture and sequestration (CCS) as an increasingly economically viable solution to reducing carbon emissions. Exxon believes that CCS could become a $4 trillion global market by 2050. That massive market potential is leading ExxonMobil to explore new CCS opportunities. It recently expanded its strategic relationship with pipeline company EnLink Midstream (NYSE: ENLC) to develop new solutions in the Gulf Coast region as the oil giant looks to expand its ability to capture this immense opportunity. A first mover in CCSExxon and EnLink have been working on CCS solutions since late 2022. The two companies signed a transportation service agreement to utilize existing and new pipelines owned by EnLink to transport carbon dioxide from the Mississippi River corridor in southeastern Louisiana to a 125,000-acre carbon dioxide storage site Exxon is developing in Vermilion Parish. Exxon initially reserved the capacity to transport 3.2 million metric tonnes annually starting early next year. It has the option to reserve up to 10 million metric tonnes per year. That transportation agreement supports a landmark emissions-reduction project in Louisiana. Exxon signed the largest-of-its-kind commercial agreement with hydrogen and nitrogen manufacturer CF Industries to capture and permanently store up to 2 million tons of carbon dioxide annually from a manufacturing complex in Louisiana that will start up early next year. Exxon has since signed CCS deals with industrial gas giant Linde and steelmaker Nucor. On top of that, it acquired Denbury Resources in a $4.9 billion deal to expand its carbon dioxide infrastructure platform. Exxon now owns the largest carbon dioxide pipeline network in the country at 1,300 miles, including 925 miles in Louisiana, Texas, and Mississippi. Exxon also has access to 15 strategically located onshore carbon dioxide sequestration sites. Story continuesExpanding its partnership to enhance its ability to capture the opportunityWhile the Denbury deal made Exxon the country's largest carbon dioxide pipeline operator, it will need more pipelines in the right places to enhance its ability to capture the CCS opportunity. That's leading it to work with EnLink to explore additional opportunities to provide carbon transportation services in other Gulf Coast areas beyond the southeast Louisiana Mississippi River Corridor. EnLink is an excellent partner because it has extensive pipeline capacity in this region it could repurpose for carbon dioxide transportation:Data source: EnLink Midstream.While the Louisiana Mississippi River Corridor has a lot of emissions (80 million metric tonnes per year), the greater Gulf Coast region emits 215 million metric tonnes of carbon dioxide annually. By casting a wider net, the companies could capture more of the potentially lucrative market. Working with EnLink "gives ExxonMobil greater flexibility and more options to meet the needs of industrial CO2 emitters," stated the midstream company's CEO Jesse Arenivas in the press release unveiling the expanded partnership. Meanwhile, Exxon sees "EnLink as a key part of providing the most efficient CO2 transportation," commented Dan Ammann, president of the oil giant's low-carbon solutions business. This partnership aims to offer carbon emitters the most cost-effective way of reducing their emissions by leveraging the scale and expertise of both companies. Exxon's increased scale following the Denbury deal is leading it to evaluate the most market-competitive solutions. That could cause it to prioritize projects by focusing on those with the best chance of commercial success.Exxon firmly believes CCS can grow into a meaningful business in the future. At its low carbon solutions spotlight last year, Exxon noted that it could see exponential growth in the coming decades as it scales this business.CEO Darren Woods stated at the event, "The addressable market now could be in the trillions of dollars, and our business potentially measured in the hundreds of billions, and quite possibly larger than ExxonMobil's base business is today as the world approaches net zero." Further, long-term contracts would underpin this business. Because of that, this income would be more stable than its more volatile oil and gas business. Working hard to capture a potentially massive opportunityExxon is expanding its relationship with EnLink to potentially capture more CCS opportunities in the Gulf Coast region. CCS could be a needle-mover for the environment and Exxon's bottom line. The oil giant could eventually generate billions of dollars in stable income from CCS, which could create significant value for its shareholders in the coming decades.Should you invest $1,000 in ExxonMobil right now?Before you buy stock in ExxonMobil, 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 ExxonMobil 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 26, 2024Matt DiLallo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Linde. The Motley Fool has a disclosure policy.ExxonMobil Is Exploring More Ways to Capture this $4 Trillion Opportunity was originally published by The Motley Fool

Motley Fool

ExxonMobil Is Exploring More Ways to Capture this $4 Trillion Opportunity

https://finance.yahoo.com/news/exxonmobil-exploring-more-ways-capture-102900076.html

bb88ffda-5465-3b65-9350-e216ad437289

XOM

The latest trading session saw Exxon Mobil (XOM) ending at $109.02, denoting a +0.59% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.11%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq decreased by 0.41%.The the stock of oil and natural gas company has risen by 6.49% in the past month, leading the Oils-Energy sector's gain of 3.56% and the S&P 500's gain of 2.7%.Analysts and investors alike will be keeping a close eye on the performance of Exxon Mobil in its upcoming earnings disclosure. The company is forecasted to report an EPS of $2.22, showcasing a 21.55% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $84.14 billion, down 2.8% from the prior-year quarter.XOM's full-year Zacks Consensus Estimates are calling for earnings of $9.15 per share and revenue of $352.98 billion. These results would represent year-over-year changes of -3.89% and +2.44%, respectively.Investors should also note any recent changes to analyst estimates for Exxon Mobil. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, 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 shifted 2.49% downward. Right now, Exxon Mobil possesses a Zacks Rank of #3 (Hold).Story continuesInvestors should also note Exxon Mobil's current valuation metrics, including its Forward P/E ratio of 11.84. This signifies a premium in comparison to the average Forward P/E of 7.31 for its industry.One should further note that XOM currently holds a PEG ratio of 3.95. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. XOM's industry had an average PEG ratio of 1.54 as of yesterday's close.The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 182, this industry ranks in the bottom 28% of all industries, numbering over 250.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.Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding 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 reportExxon Mobil Corporation (XOM) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Exxon Mobil (XOM) Advances While Market Declines: Some Information for Investors

https://finance.yahoo.com/news/exxon-mobil-xom-advances-while-214521180.html

0d9eb0a0-a9b0-31a7-a38a-37352f498ce9

XOM

(Bloomberg) -- Oil held a modest gain before a series of market reports and US inflation data, which may provide direction for prices that are stuck in a tight range.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapChina Has Never Canceled This Many Shipments of US WheatTech CEOs Are Addicted to Taking Needless RisksBrent futures traded above $82 a barrel after adding 0.2% on Monday, while West Texas Intermediate crude was near $78. The raft of information that investors will have to digest on Tuesday include OPEC’s monthly report, industry figures on US stockpiles and an inflation print for February.Oil is up for the year but prices have been caught between the push and pull of bullish and bearish factors. OPEC+ supply cuts have been offset by higher output from outside the group, while concerns about Chinese demand persist. Later this week, the International Energy Agency will provide a snapshot on the market.“There have been mixed signals on oil demand from OPEC and the US Energy Information Administration, and they need to find consensus for the market to have clear direction,” said Charu Chanana, an analyst at Saxo Capital Markets Pte in Singapore.Traders will also be watching developments between Israel and Hamas, with cease-fire talks at an impasse as Ramadan begins and the US warning against an escalation. Israel had previously said it would launch an offensive in the city of Rafah unless its hostages are returned by the Muslim holy month.To get Bloomberg’s Energy Daily newsletter into your inbox, click here.Most Read from Bloomberg BusinessweekAcademics Question ESG Studies That Helped Fuel Investing BoomLuxury Postnatal Retreats Draw Affluent Parents Around the USHow Apple Sank About $1 Billion a Year Into a Car It Never BuiltThe Battle to Unseat the Aeron, the World’s Most Coveted Office ChairHow Microsoft’s Bing Helps Maintain Beijing’s Great Firewall©2024 Bloomberg L.P.

Bloomberg

Oil Holds Gain Before OPEC Monthly Report and US Inflation Data

https://finance.yahoo.com/news/oil-steadies-market-waits-opec-232800690.html

6a457fe4-bb34-3e71-8a10-f79264c25ce9

XRAY

The upcoming report from Dentsply International (XRAY) is expected to reveal quarterly earnings of $0.43 per share, indicating a decline of 6.5% compared to the year-ago period. Analysts forecast revenues of $966.81 million, representing a decrease of 1.7% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.In light of this perspective, let's dive into the average estimates of certain Dentsply metrics that are commonly tracked and forecasted by Wall Street analysts.It is projected by analysts that the 'Net sales- Connected Technology Solutions' will reach $316.36 million. The estimate indicates a change of -47.5% from the prior-year quarter.The collective assessment of analysts points to an estimated 'Revenues- United States' of $359.55 million. The estimate indicates a year-over-year change of -2.6%.The average prediction of analysts places 'Revenues- Rest of World' at $225.92 million. The estimate indicates a year-over-year change of -5.1%.The combined assessment of analysts suggests that 'Revenues- Europe' will likely reach $381.72 million. The estimate indicates a change of +1.5% from the prior-year quarter.View all Key Company Metrics for Dentsply here>>>Dentsply shares have witnessed a change of -2.9% in the past month, in contrast to the Zacks S&P 500 composite's +4.7% move. With a Zacks Rank #3 (Hold), XRAY is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>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 reportDENTSPLY SIRONA Inc. (XRAY) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Stay Ahead of the Game With Dentsply (XRAY) Q4 Earnings: Wall Street's Insights on Key Metrics

https://finance.yahoo.com/news/stay-ahead-game-dentsply-xray-141604921.html

f0d1a6ef-ca3c-334c-84c7-a3983ad37274

XRAY

DENTSPLY SIRONA Inc. XRAY is scheduled to release fourth-quarter 2023 results on Feb 29, before the opening bell.In the last reported quarter, the company’s earnings beat estimates by 2.08%. It delivered an average earnings surprise of 20.65% in the past four quarters. Q4 EstimatesThe Zacks Consensus Estimate for revenues is pegged at $966.8 million. The consensus mark for earnings is pinned at 43 cents per share.Factors to NoteDENTSPLY SIRONA’s Technologies & Equipment segment is likely to have witnessed organic growth in the quarter under review. Higher demand for clear aligners is expected to have driven the segment’s sales growth, partially offset by weakness in CAD/CAM. Implant sales in China are likely to have reflected the adverse impact of volume-based procurement policy in the country. This must have resulted in lower price per product, especially high-value products.Strong retail demand for consumable products might have benefited the Consumable segment’s sales during the to-be-reported quarter.Foreign currency movement had a negative impact on XRAY’s total revenues during the third quarter. The trend is likely to have continued in the fourth quarter as well.On its third-quarter earnings call, XRAY’s management stated that market share gains, regional expansion and new product offerings benefited SureSmile. Improved customer conversion rates and lower customer acquisition costs benefited aligner brand Byte. The trend is likely to have continued in the quarter to be reported.However, a volatile macroeconomic environment raises uncertainty. Inflationary pressure, coupled with commercial investments and restructuring and remediation costs, is likely to have fueled operating expenses during the soon-to-be-reported quarter, thereby hurting margins. The company is expected to provide an updated view on macro headwinds and business performance on its fourth-quarter earnings call.The company provided a lowered guidance for both its top and bottom lines on its third-quarter earnings call, reflecting a challenging macro-environment, particularly in Germany and the United States. This is likely to be reflected in the fourth-quarter results. Soft demand in Europe is also likely to have hurt sales.Story continuesDENTSPLY SIRONA Inc. Price and EPS SurpriseDENTSPLY SIRONA Inc. Price and EPS SurpriseDENTSPLY SIRONA Inc. price-eps-surprise | DENTSPLY SIRONA Inc. QuoteWhat the Zacks Model UnveilsOur proven model does not conclusively predict an earnings beat for PDCO this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here, as you will see below.Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is 0.00% for DENTSPLY SIRONA. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.Zacks Rank: DENTSPLY SIRONA currently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.Stocks to ConsiderHere are some medical stocks worth considering as these have the right combination of elements to post an earnings beat this reporting cycle.SiBone SIBN has an Earnings ESP of +1.75% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.SIBN has an estimated earnings growth rate of 36.3% for fiscal 2023. It delivered a trailing four-quarter average earnings surprise of 24.21%.Merit Medical Systems MMSI has an Earnings ESP of +0.43% and a Zacks Rank of 3 at present.The stock has an estimated earnings growth rate of 10% for fiscal 2023. MMSI’s earnings beat estimates in the last reported quarter. It has a trailing four-quarter average earnings surprise of 14.41%.Universal Health Services UHS has an Earnings ESP of +1.44% and a Zacks Rank #3 at present. UHS has an estimated earnings growth rate of 5.3% for 2023.UHS’ earnings surpassed estimates in each of the trailing four quarters, delivering an average surprise of 5.47%.Stay 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 reportUniversal Health Services, Inc. (UHS) : Free Stock Analysis ReportDENTSPLY SIRONA Inc. (XRAY) : Free Stock Analysis ReportMerit Medical Systems, Inc. (MMSI) : Free Stock Analysis ReportSiBone (SIBN) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

What's in Store for DENTSPLY SIRONA (XRAY) in Q4 Earnings?

https://finance.yahoo.com/news/whats-store-dentsply-sirona-xray-163700552.html

f6374612-6b30-373f-9ec9-dda2ead555d3

XRAY

DENTSPLY SIRONA (NASDAQ:XRAY) Full Year 2023 ResultsKey Financial ResultsRevenue: US$3.97b (up 1.1% from FY 2022).Net loss: US$132.0m (loss narrowed by 86% from FY 2022).US$0.62 loss per share (improved from US$4.41 loss in FY 2022).earnings-and-revenue-growthAll figures shown in the chart above are for the trailing 12 month (TTM) periodDENTSPLY SIRONA Revenues and Earnings Beat ExpectationsRevenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 16%.Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Medical Equipment industry in the US.Performance of the American Medical Equipment industry.The company's shares are down 1.9% from a week ago.Risk AnalysisDon't forget that there may still be risks. For instance, we've identified 1 warning sign for DENTSPLY SIRONA 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.

DENTSPLY SIRONA Full Year 2023 Earnings: Beats Expectations

https://finance.yahoo.com/news/dentsply-sirona-full-2023-earnings-145600312.html

f7f94ff8-5a17-3efa-9ad1-3535e72f6468

XRAY

DENTSPLY SIRONA Inc. (NASDAQ:XRAY) will pay a dividend of $0.14 on the 12th of April. This means the dividend yield will be fairly typical at 1.9%. Check out our latest analysis for DENTSPLY SIRONA DENTSPLY SIRONA Is Paying Out More Than It Is EarningWhile it is always good to see a solid dividend yield, we should also consider whether the payment is feasible. Even though DENTSPLY SIRONA isn't generating a profit, it is generating healthy free cash flows that easily cover the dividend. This gives us some comfort about the level of the dividend payments.Over the next year, EPS is forecast to expand by 177.5%. Assuming the dividend continues along recent trends, we think the payout ratio could reach 122%, which probably can't continue without putting some pressure on the balance sheet.historic-dividendDENTSPLY SIRONA Has A Solid Track RecordEven over a long history of paying dividends, the company's distributions have been remarkably stable. Since 2014, the dividend has gone from $0.25 total annually to $0.64. This implies that the company grew its distributions at a yearly rate of about 9.9% over that duration. The dividend has been growing very nicely for a number of years, and has given its shareholders some nice income in their portfolios.The Dividend Has Limited Growth PotentialInvestors who have held shares in the company for the past few years will be happy with the dividend income they have received. Unfortunately things aren't as good as they seem. Earnings per share has been sinking by 11% over the last five years. Dividend payments are likely to come under some pressure unless EPS can pull out of the nosedive it is in. Over the next year, however, earnings are actually predicted to rise, but we would still be cautious until a track record of earnings growth can be built.In SummaryOverall, we don't think this company makes a great dividend stock, even though the dividend wasn't cut this year. The company has been bring in plenty of cash to cover the dividend, but we don't necessarily think that makes it a great dividend stock. This company is not in the top tier of income providing stocks.It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. However, there are other things to consider for investors when analysing stock performance. Taking the debate a bit further, we've identified 1 warning sign for DENTSPLY SIRONA that investors need to be conscious of moving forward. Looking for more high-yielding dividend ideas? Try our collection of 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.

DENTSPLY SIRONA (NASDAQ:XRAY) Will Pay A Dividend Of $0.14

https://finance.yahoo.com/news/dentsply-sirona-nasdaq-xray-pay-110515898.html

4cb186ee-faa2-3713-b634-b77561aeb517

XYL

Volunteers Help 1,000 NGOs Drive Impact in 56 CountriesWASHINGTON, February 22, 2024--(BUSINESS WIRE)--Currently, more than 2 billion people lack access to safe drinking water, and nearly half of the global population does not have safe sanitation.1 The UN’s Sustainable Development Goal 6 – ensuring clean water and sanitation (WASH) for all – aims to close this gap.In 2023, volunteers from Xylem (NYSE: XYL), its partners and customers supported 1,000 nonprofits, including Americares, Mercy Corps and UNICEF*, to help deliver WASH access and education for communities in 56 countries through Xylem Watermark, the Company’s corporate social responsibility program."UNICEF is working to ensure equitable access of WASH through cost-effective interventions and the private sector is pivotal to delivering on this goal," said Michael J. Nyenhuis, President and CEO, UNICEF USA. "Programs like Xylem Watermark, which bring together cross-sectoral expertise to drive innovation, are helping us to move faster and scale solutions to achieve SDG6."Xylem Watermark combines the expertise of colleagues and partners, and technology, to catalyze impact on critical water challenges:In 2023, Xylem employees in 56 countries volunteered more than 183,000 hours, a record participation rate of 89%**. Colleagues participated in skills-based volunteer initiatives, designing and implementing WASH solutions for underserved communities, and building capacity through training and mentorship.Together with global nonprofit partners, Xylem provided humanitarian aid in response to 30 disasters, including the pro-bono provision of emergency water treatment and dewatering solutions in response to disasters in Morocco, Chile, China, Türkiye, the Philippines, and Libya.Colleagues volunteered with more than 1,000 organizations, and Xylem Watermark provided community grants or matching donations to 148 nonprofits working on water-related causes in communities around the world.Story continues"Xylem Watermark draws on the collective power of Xylem’s team, our customers, channel partners, suppliers, and the nonprofit community, to further our mission to solve water. Together, we have a unique opportunity to advance water security for all and our colleagues and partners continue to step up for SDG6," Austin Alexander, Vice President of Sustainability and Social Impact at Xylem, said.Xylem Watermark initiatives contribute to Xylem’s 2025 Sustainability Goals of providing access to clean water and sanitation for at least 20 million people, providing water and WASH education for 15 million people, and giving 1% of profits and 1% of employee time to water-related causes and education.* UNICEF does not endorse any company, brand, organization, product or service.**2023 employee participation rate excludes legacy Evoqua employees due to the mid-year acquisition. Total employee participation will be reported from 2024 onwards.About XylemXylem (XYL) is a leading global water technology company committed to solving the world’s critical water challenges with innovation and expertise. Our 23,000 diverse employees delivered combined pro forma revenue of $8.1 billion in 2023. We are creating a more sustainable world by enabling our customers to optimize water and resource management and helping communities in more than 150 countries become water-secure. Join us at www.xylem.com and Let’s Solve Water.______________________________1 UNICEF: Water, Sanitation and Hygiene (WASH)View source version on businesswire.com: https://www.businesswire.com/news/home/20240221492954/en/ContactsHouston Spencer+1 (914) [email protected]

Business Wire

Xylem Teams Up with Partners and Communities Globally to Accelerate Progress on Water Security in 2023

https://finance.yahoo.com/news/xylem-teams-partners-communities-globally-100000547.html

73233f6d-88b3-3e29-b30d-0f9cc5f3319d

XYL

Xylem Inc. XYL has been benefiting from robust demand for metrology, water treatment, and integrated solutions across utilities, industrial and building solutions end markets. Exiting 2023, the company’s backlog totaled $5.1 billion, up 5% year over year, backed by strength across all regions. Strength in utilities, industrial and building solutions end markets are the key catalysts to the company’s growth. Xylem’s revenues increased 33% on a year-over-year basis in 2023.The company remains focused on acquiring businesses to gain access to new customers, regions and product lines. For instance, in May 2023, XYL acquired Evoqua, a mission-critical water treatment solutions and services provider. Evoqua’s advanced water and wastewater treatment capabilities, and exposure to key industrial markets complement Xylem’s portfolio of solutions across the water cycle. The buyout is anticipated to deliver run-rate cost synergies of $140 million within three years of closing.XYL remains committed on rewarding its shareholders through dividend payouts and share buybacks. In 2023, Xylem paid out dividends of $299 million, reflecting an increase of 37.8% year over year. It repurchased shares worth $25 million in the same year. Also, in February 2024, the company hiked its dividend rate by 9%. Zacks Investment ResearchImage Source: Zacks Investment Research In the past three months, the Zacks Rank #3 (Hold) company has gained 20.8% compared with the industry’s 11.9% growth.However, weakness in the residential building solutions market acts as a hindrance to the Applied Water segment’s growth. The segment witnessed a soft demand environment in developed markets, particularly in the United States, in fourth-quarter 2023. For 2024, Xylem expects the Applied Water segment’s total revenues to decline in low-single digits on a year-over-year basis.XYL has been grappling with rising operating costs and expenses. In 2023, its cost of revenues increased 35.2% year over year, while selling, general and administrative expenses rose 43.2%. High raw material, labor, freight and overhead costs are pushing up the cost of sales. Escalating costs pose a threat to the company’s bottom line.Story continuesKey PicksWe have highlighted three better-ranked stocks from the same space, namely Flowserve Corporation FLS, 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.Flowserve delivered a trailing four-quarter average earnings surprise of 29.3%. In the past 60 days, the Zacks Consensus Estimate for FLS’ 2024 earnings has increased 1.2%.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 ReportFlowserve Corporation (FLS) : Free Stock Analysis ReportIngersoll Rand Inc. (IR) : Free Stock Analysis ReportXylem Inc. (XYL) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Xylem (XYL) Gains From End-Market Strength Despite Risks

https://finance.yahoo.com/news/xylem-xyl-gains-end-market-173500582.html

df8cabf6-673e-3d75-a106-ee78b75658fd

YUM

NORTHAMPTON, MA / ACCESSWIRE / February 21, 2024 / Yum! Brands: John H. - Designer, International DevelopmentTaco Bell blogFebruary in the U.S. is dedicated to acknowledging and honoring the history of Black Americans and celebrating their contributions to the economy, culture, arts and society. At Yum!, we are committed to making room for all people and voices at our tables, because we are most relevant when our people - at all levels - represent the customers and communities we serve.Black History Month started off as a one-week celebration founded by Carter G. Woodson in February 1926. Fifty years later, the week was extended into a month dedicated to honoring Black American history.This year's nationwide Black History Month's focus is African Americans and the Arts, detailing African American artistic and cultural movements.To celebrate our Black team members and these communities, we will share some of their stories. Get ready to be inspired, get involved and continue learning and celebrating the culture and achievements of the Black community.John H. (He/Him) - Designer, International DevelopmentJohn H., Designer, International Development, found his way to Southern California from Louisville, Kentucky, with his partner and two pups in 2021 after accepting a position with Taco Bell.Before moving to Los Angeles, John grew up in Kentucky for the most part. While obtaining his B.A. in Fine Arts from the University of Louisville and simultaneously creating artistic window displays for a local furniture store on the side, John discovered a passion for branded buildings."Creating window displays was the most fun and challenging work I did. Since I had to come up with the concept and have it viewed by the public, it taught me to endure through tough installations and self-critical thinking, while building my confidence for more demanding design tasks."It's no doubt that designing restaurants for Taco Bell's global markets is fitting for John. In his role, John works with franchise partners to achieve the best Taco Bell asset for their market, not only in terms of aesthetics, but also on digital accommodations, customer's dining experience and operations' efficiency.Story continues"I find developing a physical reality representative of the brand's created self-perception to be some of the most exciting parts of my work. When doing this, I'm transferring customers into a Taco Bell reality, to which I hope can be more uplifting and colorful."John uses this same approach in his role as communications officer for Taco Bell's Business Employee Resource Group, Live Más T.A.A.C.O.S (Thriving African American Communities, Opportunities and Sponsorship) through the visual tools and newsletters he creates. Since joining Live Más T.A.A.C.O.S, John has furthered his connection with the Black community."Being a transplant to the area, Live Más T.A.A.C.O.S has provided me with the opportunity to build a sense of community with some of my colleagues. It has also helped me feel impactful in the office by influencing the group's programming and outreach in the area. Being embraced and heard by those in this group has made my move to California easier."When it comes to Black History Month, John believes that this is a time to showcase the diverseness of the Black and African American culture within the nation, while also addressing generational trauma together."Black History month is an opportunity to reassure myself, my community, and our common identity of our appreciated existence. Being a Black man, who is bi-racial, in America can be a tiring and an exhausting experience. This includes anything from noticing how I enter a building, to how I walk behind someone, or to how I present myself. Having a dedicated month recognizing the community for what it offers to the nation provides a momentary sigh of relief."If he had to choose one person in Black history that inspires him, it would be Paul Revere Williams."During college, I had to research a historical figure on the same career path as I was pursuing. Although I'm not an architect, I had chosen Paul Revere Williams. His ability to focus on his life's mission, to create beautiful and outlasting buildings, while facing so many adversities, including not being able to enjoy some of the buildings he had designed due to his race, showed me that through determination and adaption anything could outlive racism."Be open-hearted and receptive to our perspectives.Be genuine and drop biases at the door.Stay present with us and be willing to learn and to have fun with life!View additional multimedia and more ESG storytelling from Yum! Brands on 3blmedia.com.Contact Info:Spokesperson: Yum! BrandsWebsite: https://www.3blmedia.com/profiles/yum-brandsEmail: [email protected]: Yum! BrandsView the original press release on accesswire.com

ACCESSWIRE

Taco Bell Black History Month Spotlight: John H.

https://finance.yahoo.com/news/taco-bell-black-history-month-161500413.html

be1fb0ef-1402-3372-acf4-127ee7c0931e

YUM

Beyond Meat (BYND) is aiming to give investors better news to digest in 2024.To do that, it unveiled its "Beyond IV" product line on Wednesday.The company is taking the wraps off new plant-based patties and ground beef that use avocado oil as the star ingredient while execs fire back at critics of the product's nutritional benefits.Beyond Meat founder and CEO Ethan Brown told Yahoo Finance that his team wanted to create products that are "unassailable from a health perspective."Beyond Meat's newest products use avocado oil as the company looks to reduce criticism from those in the food industry. (Beyond Meat) (Beyond Meat)Beyond Meat says the shift to avocado oil alone has reduced the saturated fat count by 60% compared to the previous version of its plant-based beef. Prior iterations used a combination of canola oil and refined coconut oil.The company claims its new patty, which will start arriving at retailers soon, contains 14 grams of total fat (the same amount as the prior version) and 2 grams of saturated fat (compared to 5 grams previously) per serving. It also claims to have reduced the sodium count by 20%.Other new ingredients include red lentil and faba bean protein. Previously, the company used a mixture of pea and rice proteins. Overall, Beyond Meat said it reduced the number of ingredients for the products.The company was also able to secure a label from the American Heart Association (AHA) that marks the product as a "heart-healthy recipe.""It takes the product from relative health claims like 'this is healthier' to an absolute health claim — 'this is a healthy, delicious product,'" Brown told Yahoo Finance on a Zoom call from inside the company's El Segundo, Calif., headquarters.A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China, on Nov. 8, 2019. (Jason Lee/REUTERS) (REUTERS / Reuters)A reset for Beyond MeatBrown is no doubt hoping an avocado-centric patty and ground beef substitute — which could redefine the plant-based meat industry — is akin to hitting the reset button on what has been a challenging two years.The challenges have centered around a consumer debate over whether plant-based meat is healthier than regular meat. Critics have pointed to plant-based meat's relatively high sodium levels and the fact it's processed.Story continuesRecently, the industry's products, along with packaged foods more broadly, have also gotten dinged for being processed and potentially not heart-healthy — a label that PepsiCo (PEP) chairman and CEO Ramon Laguarta told Yahoo Finance Live isn't accurate.To be sure, a reset moment is needed with customers and investors, given the raw optics of the company's financials and the state of the industry at large.In November of last year, Beyond Meat said it would slash 19% of its non-production workforce after a softer-than-expected third quarter. Third quarter sales fell 8.7% from the prior year to $75.3 million. The company lost $57.5 million on an adjusted operating profit basis.Beyond Meat is slated to report its fourth quarter and full-year results on Feb. 27, and the Street is bracing for more of the same.Beyond Meat CEO Ethan Brown acknowledged that the plant-based meat company has been battling weaker sentiment around its products.Analysts expect Beyond Meat to report $66.7 million in sales for the fourth quarter of 2023, down 17.4% year over year. In last year's fourth quarter, Beyond Meat's sales dropped 20.6% year over year.The company is expected to report a fourth quarter adjusted loss of $0.88 a share, compared to a loss of $1.05 a share a year ago.For all of 2023, market research firm Mintel estimated that the size of the plant-based meat market fell 3.6% year over year to $1.46 billion."[Beyond Meat] as a whole continues to suffer under the weight of depressed demand in the US for plant-based meat," JPMorgan analyst Ken Goldman said in a recent client note. "We don’t have visibility at this time into when the trend bottoms."Subsequently, the market has taken a large bite out of the valuation of Beyond Meat.The stock changed hands at $7.18 a share as of the market close on Tuesday, down 60% over the past year.Recall that the company priced its May 2019 IPO at $25 a share, opened for trading at $46, and then surged to $65.75 by the close. The gain when that closing bell sounded was a mouth-watering 163%.By July 2019, shares of Beyond Meat hit a peak of $234.90 a share amid a flurry of deals with fast-food chains like KFC, Taco Bell, and Pizza Hut, which are owned by Yum! Brands (YUM)."Management is pursuing a 'kitchen sink' approach (innovation, promo, marketing) to combat a swift change in consumption habits," Jefferies analyst Kaumil Gajrawala wrote in a recent client note. "It is unclear when trends will stabilize. Low demand visibility makes right-sizing operations necessary."Brown thinks the worst is, well, beyond Beyond Meat."I do think [the new products are] an accelerant for the reinvention of the category," Brown said.Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi on Twitter/X @BrianSozzi and on LinkedIn. Tips on deals, mergers, activist situations, or anything else? Email [email protected] here for the latest stock market news and in-depth analysis, including events that move stocksRead the latest financial and business news from Yahoo Finance

Yahoo Finance

Beyond Meat CEO: Our new plant-based beef products are 'unassailable' by health critics

https://finance.yahoo.com/news/beyond-meat-ceo-our-new-plant-based-beef-products-are-unassailable-by-health-critics-140054877.html

5dcbbec4-0889-45d2-bd1d-c8fe93e3b4a5

YUM

NORTHAMPTON, MA / ACCESSWIRE / March 11, 2024 / Yum! Brands:Originally published by Yum! Brands CSO Jon Hixson on LinkedIn2023 RecognitionProud of Yum for our recognition from CDP on our climate, water and deforestation efforts. 2023's scores were highest ever across all three CDP categories, with all areas receiving A's or B's. More to do, but a great journey over the last 7 years of continuous improvement. Great work by global teams in engaging with suppliers to help prevent deforestation (a critical element of climate work in global food systems), especially in areas of High Carbon Stock forests and landscapes.Top 5 for 2024Focus on what's most material: The evolving sustainability landscape requires a renewed focus on the top material issues. Yum is conducting our third sustainability materiality assessment, and our first assessment using the Double Materiality framework to set up compliance with new European Union reporting requirements.Meet increasing demands of regulation: The landscape has shifted for large global companies. Voluntary systems are being displaced by regulated frameworks, especially in US and Europe.Data, data, data: Not sexy, but the importance of good quality data cannot be underestimated. Simplifying what we collect to align with our material priorities is a must for the road ahead.Concentrate on the doing: The right strategy and focus is a key building block. But even more important is doing the actual work to realize the strategy. For Yum Brands, this means taking actions that are Relevant, Easy and Distinctive (RED) for our customers and employees to see. With more than 58,000 restaurants around the world, making sure that our markets have the capability to drive change, is where the rubber really meets the road.Be comfortable in the uncomfortable: Thrive in ambiguity was some of the earliest career advice I first received. It remains a truism for success. Much is changing in the sustainability space - the science is evolving, the innovation keeps getting better, stakeholder and regulatory pressures grow. One thing that's certain is that we must get comfortable with the uncomfortable, to keep moving ahead!Story continuesGet your teams ready. Give grace and inspire for a great year ahead!View additional multimedia and more ESG storytelling from Yum! Brands on 3blmedia.com.Contact Info:Spokesperson: Yum! BrandsWebsite: https://www.3blmedia.com/profiles/yum-brandsEmail: [email protected]: Yum! BrandsView the original press release on accesswire.com

ACCESSWIRE

A Look Back and Ahead for Yum! Brands Sustainability

https://finance.yahoo.com/news/look-back-ahead-yum-brands-133500643.html

e296a957-93e0-322d-b691-227d204d0b34

YUM

In this article, we discuss the 30 US Cities with the Highest Fast-Food Consumption. If you want to read about some more US Cities with the Highest Fast-Food Consumption, go directly to 5 US Cities with the Highest Fast-Food Consumption.According to findings from Precedence Research, the global fast-food industry was valued at approximately $700 billion in 2022. Projections suggest that the sector is set to maintain steady growth at a compound annual growth rate (CAGR) of 3.70% from 2023 to 2032, potentially reaching a valuation of $1 trillion by the conclusion of the forecasted period. Additionally, the global fast-food restaurant industry achieved a figure of $978.4 billion in 2023.The expansion of globalized distribution networks has facilitated the establishment of fast-food franchises in foreign countries. Through this process, these companies adapt and innovate their product offerings to cater to diverse markets, expanding their customer outreach.In the dynamic and ever-evolving tapestry of American dietary preferences, the omnipresence of fast food has solidified its role as a defining element, shaping the eating habits of a considerable segment of the population. A recent in-depth report released by the US Centres for Disease Control and Prevention peels back the layers of this culinary phenomenon, exposing the deep-rooted love affair between Americans and fast food. Astonishingly, the findings reveal that approximately one-third of the nation's adults, representing a staggering 37%, partake in fast food on a daily basis. This statistical revelation underscores not just a casual dalliance but a habitual reliance on the convenience and allure of quick-service meals by a substantial portion of the population, amounting to about 84.8 million adults, showcasing the widespread impact of fast food on shaping dietary patterns across the United States.Millennials have notably become the generation most inclined toward frequenting fast-food establishments, with a substantial 54% reporting indulging in these convenient meals multiple times a week. A striking 23% of millennials take their fast-food habit a step further, making it a daily occurrence in their lives. Delving into the financial aspect of this trend, the average person allocates a monthly budget of $148 to satisfy their fast-food cravings, showcasing the economic impact of this dining preference. A significant 37% of adults across the nation found themselves reaching for fast-food options on any given day in 2020. This statistic emphasizes the widespread influence of quick-service meals and their integration into daily life.Story continuesThe younger demographic, particularly children and adolescents aged 2 to 19, also plays a substantial role in the fast-food phenomenon. Approximately 34% of this age group in the United States engage in fast-food consumption each day, underscoring the enduring appeal of these easily accessible and often enticing meals among the younger generation. In the context of young group of people who are also workers at fast-food restaurants, there’s good news for Fast-food workers in California, who will see their minimum wage increasing to $20 per hour from next month, April, 2024. This wage boost is the result of an agreement between the restaurant industry and labor groups regarding legislation in the state.Going back to our topic, we see Central and Southern states emerging as dominant players in this fast-food landscape, with Alabama claiming the number one spot in fast-food restaurant concentration. The Southern imprint on fast-food culture is palpable, with eight out of the top ten states with the highest number of fast-food restaurants per capita nestled in these regions. Conversely, the Northeastern states, led by Vermont, New Jersey, and New York, stand out for having the fewest fast-food restaurants per capita, showcasing a regional diversity in dietary preferences and culinary landscapes.Furthermore, fast-food prices surged by approximately 13% nationwide from 2021 to 2022, as reported by PriceListo data. Additionally, fast food is experiencing an uptick in popularity, with sales increasing by 5.75% in the second quarter of 2023 compared to the same period in the previous year, based on an analysis of company earnings reports for 43 major restaurant chains conducted by the Washington Post in August. Subway, McDonald’s, Dunkin, Starbucks and Pizza hut are some of the most popular names that arise in Americans’ minds when it comes down to a quick bite.Venturing into the competitive arena of fast-food giants, let us look at the key players in both, the burger and chicken segments. In the burger category, McDonald's reigns supreme, solidifying its status as the preeminent fast-food giant, closely trailed by Wendy's (NASDAQ:WEN), Burger King, and Sonic. In the realm of chicken-based delights, Chick-Fil-A emerges as the undisputed leader, asserting its dominance ahead of KFC, Popeye's, Raising Cane's, and Wingstop (NASDAQ:WING), boasting an impressive total of 2,732 units in 2023. During the second quarter of 2023, there was an average sales growth of 5.75 percent for fast-food and quick-service establishments such as McDonald’s and Starbucks (NASDAQ:SBUX) compared to the corresponding quarter in the previous year. Meanwhile Chick-fil-A recorded U.S. systemwide sales of $18.814 billion in the year 2022.As discussed above, some of the companies dominating this industry are McDonald's Corporation (NYSE:MCD), KFC, owned by Yum! Brands, Inc. (NYSE:YUM), and Domino's Pizza, Inc. (NYSE:DPZ).McDonald's Corporation (NYSE:MCD)McDonald's (NYSE:MCD), a leading global fast-food chain, operates in more than 100 countries with a customer base exceeding 69 million.In the twelve months ending December 31, 2023, McDonald's recorded revenue of $25.49 billion, showing a year-over-year growth rate of 9.97%. For the quarter ending December 31, 2023, the company's revenue amounted to $6.41 billion, reflecting a year-over-year growth of 8.09%.Earlier, in January 2024, McDonald's said it was seeing a "meaningful" hit to business, as customers in the Middle East and elsewhere boycott the firm for its perceived support of Israel. McDonald's also reported a rare sales miss in its-fourth quarter earnings report in February.KFCKFC, a subsidiary of Yum! Brands, Inc. (NYSE:YUM), has been in operation since 1952. The franchise has expanded to more than 150 countries, providing a diverse menu that includes Kentucky fried chicken and various other offerings.In the twelve months ending December 31, 2023, Yum! Brands (NYSE:YUM) reported revenue of $7.08 billion, reflecting a year-over-year growth of 3.42%. For the quarter ending December 31, 2023, the company's revenue was $2.04 billion, indicating a year-over-year growth of 0.84%.Domino's Pizza, Inc. (NYSE:DPZ)Domino's Pizza, Inc. (NYSE:DPZ), operates as a pizza company in the United States and internationally through its subsidiaries. The company offers pizzas under the Domino's brand name through both company-owned and franchised stores. Additionally, Domino's provides a variety of menu items including oven-baked sandwiches, pastas, boneless chicken, and chicken wings.In the twelve months ending December 31, 2023, Domino's Pizza reported revenue of $4.48 billion, showing a decrease of -1.27% year-over-year. For the quarter ending December 31, 2023, the company's revenue was $1.40 billion, indicating a modest year-over-year growth of 0.77%.In November 2023, Domino's unveiled an innovative new service with the introduction of a delivery bike that comes equipped with a built-in pizza oven and shock absorbers. This groundbreaking technology showcases Domino's commitment to revolutionizing the future of food delivery.This comprehensive analysis transcends mere statistics, offering a nuanced understanding of the multifaceted relationship between Americans and fast food. It not only provides insights into consumption patterns but also unveils regional preferences and illuminates the competitive landscape of renowned restaurants offering quick bites. As fast food continues to weave its way into the fabric of American dining culture, this article about 30 US Cities with the Highest Fast-Food Consumption serves as a compelling narrative, capturing the intricacies of a culinary phenomenon that has become an integral part of the nation's lifestyle.30 US Cities with the Highest Fast-Food ConsumptionA chef in a kitchen preparing a fast food meal of chicken, pizza and burgers.MethodologyTo curate the list of 30 US cities that eat the most fast food, we started with researching sources such as U.S. News, The Washington Post, EatThis, Apartment Guide, Fox Business, and Business Insider to identify the top cities in the U.S. for fast food, we compiled a list for evaluation. By utilizing LawnStarter's Access Metric, which factors in Fast Food Establishments per Square Mile, Fasties Award-Winning Locations per Square Mile, and the Number of Food Delivery Services, we ranked these cities.This proxy ranking goes from least consumption to most consumption, showcasing cities based on their fast-food consumption levels from lowest to highest i.e. the 30th city on our list is also ranked 30th on LawnStarter's Access Metric. This metric was chosen for its claimed capacity to provide insights into restaurant density within specific regions, aligning with demand levels and consumption patterns of fast food in those areas.  Based on this, we present to you 30 US Cities with the Highest Fast-Food Consumption.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.30 US Cities with the Highest Fast-Food Consumption30. Salinas, CAAt the start of our list of 30 US Cities with the Highest Fast-Food Consumption is Salinas. In Salinas, the convenience and affordability of fast food have made it a popular choice among residents on-the-go. Among the myriad of options, Jack in the Box (NASDAQ:JACK) stands out as a favourite fast-food destination, serving up a variety of burgers, tacos, and late-night munchies to satisfy Salinas' cravings.29. Sunnyvale, CASunnyvale boasts a vibrant fast-food culture, catering to the city's diverse tastes and busy lifestyles. Chipotle Mexican Grill (NYSE:CMG) holds a prominent spot as Sunnyvale's go-to fast-food joint, offering fresh and customizable burritos, bowls, and salads that keep locals coming back for more.28. Long Beach, CALong Beach has a thriving culture of fast-food consumption, with a wide array of options to satisfy residents' cravings for quick and tasty meals. Among the city's favourite fast-food spots, In-N-Out Burger reigns supreme, serving up delicious burgers, fries, and shakes that draw long lines of devoted customers.27. Baltimore, MDIn the bustling metropolis of Baltimore, the love for fast food runs deep, mirroring national trends with a significant portion of residents embracing the convenience and flavours of quick-service meals. The city's diverse culinary scene is punctuated by a robust appetite for fast food, where locals often find solace in familiar and easily accessible options. Among the array of choices, one fast-food heavyweight that stands out in Baltimore is Chick-Fil-A, capturing the hearts and taste buds of many with its beloved chicken-based menu offerings.26. Los Angeles, CALos Angeles is a bustling hub of fast-food consumption, reflecting the city's on-the-go lifestyle and diverse culinary preferences. In-N-Out Burger holds a special place in Angelenos' hearts, with its iconic burgers and secret menu items drawing loyal fans from all corners of the city.25. Tempe, AZTwenty fifth on our list of 30 US Cities with the Highest Fast-Food Consumption is Tempe. Tempe has a prominent fast-food culture, offering residents a variety of convenient dining options. Among the city's popular fast-food choices, Raising Cane's Chicken Fingers stands out as a go-to spot, known for its crispy chicken tenders and signature sauce that keep patrons coming back for more.24. Torrance, CAIn Torrance, the vibrant city in Southern California, fast food culture is embraced with gusto, reflecting the Golden State's affinity for quick and flavourful dining options. Among the plethora of choices, In-N-Out Burger holds a special place in the hearts of Torrance residents, with its iconic burgers and shakes reigning supreme as the city's most popular fast-food destination.23. Hialeah, FLHialeah, known for its love of quick and tasty eats, boasts a rich fast-food culture that caters to the city's on-the-go lifestyle. Pollo Tropical stands out as a beloved fast-food destination, serving up flavourful Caribbean-inspired dishes that have earned it a loyal following among Hialeah residents.22. Syracuse, NYIn Syracuse, the spirited city in upstate New York, fast-food fervour is alive and well, as locals appreciate the convenience of quick bites amidst their bustling lives. Dominating the fast-food scene in Syracuse is the beloved Wegmans, a regional favourite renowned for its diverse and delicious offerings, making it the go-to destination for residents seeking a satisfying and speedy meal.21. Santa Ana, CASanta Ana thrives on its fast-food scene, offering a range of convenient options for its bustling population. One standout favourite among locals is El Pollo Loco (NASDAQ:LOCO), renowned for its flame-grilled chicken and zesty Mexican-inspired flavours that keep Santa Ana residents coming back for more.20. Atlanta, GAIn Atlanta, a city known for its dynamic culture and Southern hospitality, fast-food cravings find a warm welcome among residents on the go. In Atlanta, there are 11.3 restaurants for every 10,000 residents, showcasing a vibrant dining scene for the local population to indulge in a variety of culinary delights. Boasting a significant presence in the heart of Atlanta's fast-food scene is Chick-Fil-A, celebrated for its signature chicken sandwiches and a commitment to excellent service.19. Dallas, TXDallas is at nineteenth on our list of 30 US Cities with the Highest Fast-Food Consumption. Dallas embraces the quick and flavourful allure of fast food, with a taste for variety that mirrors the city's diverse culinary landscape. Among the bustling array of options, In-N-Out Burger holds a special place in Dallasites' hearts, dishing out delectable burgers and freshly-cut fries with an undeniable Texas flair.18. Richmond, VAIn Richmond, the lure of quick and convenient fast food is ever-present. Fast-food giants dot the cityscape, but perhaps none more fervently than Chick-fil-A. With its signature sandwiches and unwavering popularity, this chain reigns supreme in the hearts - and stomachs - of Richmond's fast-food aficionados.17. Tampa, FLIn Tampa, where the Gulf breeze meets vibrant urban life, fast-food culture thrives as locals embrace convenient dining options. Standing out in the city's fast-food landscape is the ever-popular Publix Deli, a grocery store eatery beloved for its delectable subs and sandwiches, symbolizing Tampa's unique blend of convenience and flavour in the fast-food realm.16. Pittsburgh, PAIn Pittsburgh, a city steeped in industrial history and modern innovation, the fast-food scene resonates with a blend of tradition and contemporary taste. Primanti Brothers, an iconic establishment renowned for its signature sandwiches piled high with fries and coleslaw, stands as Pittsburgh's beloved fast-food gem, capturing the essence of local flavour and culinary innovation.15. Sacramento, CASacramento is at number fifteen on our list of 30 US Cities with the Highest Fast-Food Consumption. Sacramento, with its vibrant culture and agricultural richness, embraces the convenience of fast food, and at the forefront is In-N-Out Burger. The beloved chain, celebrated for its fresh and made-to-order offerings, has become synonymous with Sacramento's fast-food scene, drawing locals and visitors alike with its iconic burgers and secret menu delights.14. Las Vegas, NVIn the dazzling lights of Las Vegas, where excitement and convenience go hand in hand, fast food plays a central role in satisfying the city's on-the-go lifestyle. Las Vegas features a dining scene with 13.1 restaurants for every 10,000 residents, offering a wide array of culinary options for its population. Shake Shack (NYSE:SHAK), with its modern take on classic burgers, crinkle-cut fries, and hand-spun shakes, stands out as a popular fast-food destination, offering a flavourful retreat for both locals and visitors in the heart of the entertainment capital.13. Rochester, NYIn the heart of upstate New York, Rochester boasts a thriving fast-food culture, and Bill Gray's Regional Iceplex serves as a local favourite. Known for its Garbage Plate—a uniquely Rochester dish featuring a medley of meats, potatoes, and sauces—Bill Gray's captures the city's appetite for distinctive and hearty fast-food offerings.12. Fort Lauderdale, FLIn Fort Lauderdale, where sun-soaked beaches meet a lively urban atmosphere, the fast-food scene caters to the city's diverse and active population. With its coastal charm and seafood delights, the iconic fast-food choice is often Anthony's Coal Fired Pizza, renowned for its flavourful coal-fired pizzas and Italian-American specialties, adding a distinctive touch to Fort Lauderdale's culinary landscape and makes it number twelve on our list of US Cities with the Highest Fast-Food Consumption.11. Philadelphia, PAIn the historic city of Philadelphia, fast-food cravings find a home amidst the rich tapestry of cultural and culinary influences. A standout in the city's fast-food repertoire is Wawa, a beloved convenience store chain offering a variety of freshly prepared hoagies, coffee, and snacks. Wawa's widespread popularity embodies the local penchant for delicious, on-the-go fare in the City of Brotherly Love.10. San Francisco, CATenth on our list of 30 US Cities with the Highest Fast-Food Consumption is San Francisco. Amidst the tech innovation and eclectic neighbourhoods of San Francisco, fast-food enthusiasts have a diverse array of options to choose from. In San Francisco, the impact of inflation has led to fast food prices soaring to the point where burger meals now exceed $20, but fast-food consumption still remains high. One notable choice is In-N-Out Burger, capturing the city's attention with its fresh ingredients and classic menu items. As a Californian staple, In-N-Out embodies San Francisco's appreciation for quality, quick-service meals in a city that values both culinary innovation and simplicity.9. Chicago, ILIn the dynamic city of Chicago, where architectural wonders meet a rich cultural heritage, the fast-food scene reflects the city's diverse tastes. Portillo's (NASDAQ:PTLO), an iconic chain known for its Chicago-style hot dogs and Italian beef sandwiches, stands as a local favourite. Embracing the city's culinary traditions, Portillo's has become synonymous with fast-food indulgence in the Windy City, blending classic flavours with the fast-paced lifestyle of Chicagoans.8. Jersey City, NJJersey City is on number eight on our list of US Cities with the Highest Fast-Food Consumption. In the vibrant cityscape of Jersey City, just across the Hudson River from Manhattan, fast-food options cater to the diverse and dynamic community. One standout in this culinary mosaic is White Mana, an iconic diner-style establishment known for its classic sliders and nostalgic charm. As a local favourite, White Mana encapsulates the city's rich history and evolving palate, providing a timeless and satisfying fast-food experience for residents and visitors alike in Jersey City.7. Alexandria, VANestled along the Potomac River, Alexandria, Virginia, combines historic charm with a thriving culinary scene. Among its fast-food offerings, the Old Town staple, Five Guys, has garnered a loyal following. Renowned for its customizable burgers and hand-cut fries, Five Guys reflects Alexandria's appreciation for quality ingredients and a laid-back yet flavourful approach to fast-food dining in this picturesque and historic city.6. Washington, D.C.Sixth on our list of US Cities with the Highest Fast-Food Consumption, is Washington. In the political and cultural hub of Washington, D.C., the fast-food scene mirrors the city's diverse population and cosmopolitan atmosphere. Among the notable choices is &pizza, a homegrown fast-casual brand offering customizable pizzas with fresh, high-quality ingredients. As a symbol of Washington's commitment to innovation and individuality, &pizza provides a unique and flavourful option in the city's fast-food repertoire, catering to the tastes of both locals and the numerous visitors exploring the nation's capital.Click to continue reading and find out about 5 US Cities with the Highest Fast-Food Consumption.Suggested Articles:20 Fast Food Chains with the Most Locations in the World25 Most Popular Fast Food Restaurants in America13 Worst Rated Fast Food Restaurants in America According to RedditDisclosure: None. 30 US Cities with the Highest Fast-Food Consumption is originally published on Insider Monkey.

Insider Monkey

30 US Cities with the Highest Fast-Food Consumption

https://finance.yahoo.com/news/30-us-cities-highest-fast-203550011.html

a349f4e4-cad9-3b55-a059-554067436901

ZBH

Select Medical Holdings Corporation SEM reported fourth-quarter 2023 adjusted earnings of 36 cents per share, which surpassed the Zacks Consensus Estimate by 16.1%. The bottom line soared 63.6% year over year.Net operating revenues amounted to $1.7 billion, which advanced 4.9% year over year. The metric beat the consensus mark by 3%.The quarterly results benefited on the back of growth in patient days and admissions at the Critical Illness Recovery Hospital and Rehabilitation Hospital segments. Meanwhile, a higher number of patient visits aided the performance of Outpatient Rehabilitation and Concentra units. However, the upside was partly offset by an elevated expense level.Select Medical Holdings Corporation Price, Consensus and EPS Surprise Select Medical Holdings Corporation Price, Consensus and EPS SurpriseSelect Medical Holdings Corporation price-consensus-eps-surprise-chart | Select Medical Holdings Corporation QuoteQ4 PerformanceTotal costs and expenses increased 3% year over year to $1.55 billion in the quarter under review, higher than our estimate of $1.51 billion. The increase was due to escalating costs of services, exclusive of depreciation and amortization, and rising general and administrative expenses.Adjusted EBITDA of $180.1 million rose 20.9% year over year and also outpaced the Zacks Consensus Estimate of $177.4 million.Segmental UpdateCritical Illness Recovery HospitalRevenues of the segment amounted to $567.1 million in the fourth quarter, which inched up 0.9% year over year and beat the consensus mark of $566 million and our estimate of $566.1 million. The unit benefited from a 4.6% year-over-year increase in revenue per patient day, partly offset by declines of 3.5% and 1.6%, in patient days and admissions, respectively.Adjusted EBITDA of $57.4 million climbed 29.4% year over year but fell short of the Zacks Consensus Estimate of $58 million and our estimate of $58.3 million. Adjusted EBITDA margin improved 220 basis points (bps) year over year to 10.1%.Rehabilitation HospitalThe segment’s revenues improved 9.4% year over year to $260.2 million in the quarter under review. The figure outpaced the consensus mark of $241 million. Year-over-year increases of 8.9% and 6.6%, respectively, in admissions and patient days contributed to the strong performance of the unit.Story continuesAdjusted EBITDA of $66.3 million rose 18.4% year over year and beat the Zacks Consensus Estimate and our estimate of $53 million. Adjusted EBITDA margin improved 190 bps year over year to 25.5%.Outpatient RehabilitationRevenues amounted to $298.2 million in the segment, which grew 6.1% year over year in the fourth quarter and surpassed the consensus mark of $286 million. The improvement can be attributed to an 11% rise in patient visits, partially offset by a 2% decline in revenue per visit.Adjusted EBITDA of $22.5 million surged 40.9% year over year but missed the Zacks Consensus Estimate and our estimate of $25.2 million. Adjusted EBITDA margin improved 180 bps year over year to 7.5%.ConcentraThe segment reported revenues of $440.7 million, which advanced 6.2% year over year and outpaced the consensus mark of $433 million and our estimate of $433.4 million. A year-over-year increase of 1.2% in visits coupled with 5.4% growth in revenue per visit benefited the unit’s results.Adjusted EBITDA improved 9.7% year over year to $68.3 million in the quarter under review but lagged the Zacks Consensus Estimate of $83 million. Adjusted EBITDA margin of 15.5% improved 50 bps year over year.Financial Position (as of Dec 31, 2023)Select Medical exited the fourth quarter with cash and cash equivalents of $84 million, which declined 14.2% from the 2022-end figure. It had $434.2 million left under its revolving facility as of Dec 31, 2023.Total assets of $7.7 billion inched up 0.3% from the level at 2022 end.Long-term debt, net of the current portion, amounted to $3.6 billion, down 6.5% from the figure as of Dec 31, 2022.Total equity of $1.5 billion rose 14.1% from the 2022-end figure.Select Medical generated cash flow from operations of $179.4 million in the reported quarter, which increased more than 14-fold year over year.Share Repurchase & Dividend UpdateSelect Medical did not buy back shares in 2023 under the $1 billion authorized share repurchase program, which is set to expire on Dec 31, 2025.On Feb 13, 2024, management approved a cash dividend of 12.5 cents per share, which will be paid out on or about Mar 13, 2024, to shareholders of record as of Mar 1, 2024.2024 Outlook UnveiledManagement anticipates revenues between $6.9 billion and $7.1 billion, the mid-point of which suggests 4.5% growth from the 2023 reported figure of $6.7 billion.Adjusted EBITDA is forecast between $830 million and $880 million for 2024, the mid-point of which implies a 5.9% rise from the 2023 reported figure of $807.4 million.Earnings per share (EPS) are estimated between $1.88 and $2.18, the mid-point of which indicates an improvement of 6.3% from the 2023 reported figure of $1.91.Zacks RankSelect Medical currently has a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Other Medical Sector ReleasesOf the Medical sector players that have reported fourth-quarter 2023 results so far, the bottom-line results of Zimmer Biomet Holdings, Inc. ZBH, Centene Corporation CNC and Intuitive Surgical, Inc. ISRG beat the Zacks Consensus Estimate.Zimmer Biomet posted fourth-quarter 2023 adjusted EPS of $2.20, exceeding the Zacks Consensus Estimate by 2.3%. The adjusted figure increased 17% year over year. Fourth-quarter net sales of $1.94 billion increased 6.3% (up 6.1% at constant exchange rate or CER) year over year. The figure beat the Zacks Consensus Estimate by 0.5%. During the fourth quarter, sales generated in the United States totaled $1.13 billion (up 4.4% year over year), while International sales grossed $811.9 million (up 8.7% year over year at CER).Sales in the Knees unit improved 5.6% year over year at CER to $798.3 million. Revenues in the S.E.T. unit were up 6.4% year over year at CER to $453.3 million. Other revenues increased 15.9% to $183.7 million at CER in the fourth quarter. Adjusted gross margin, after excluding the impact of intangible asset amortization, was 72.2%, reflecting an expansion of 74 bps in the fourth quarter. The adjusted operating margin of ZBH expanded 342 bps to 29.2% in the quarter.Centene’s fourth-quarter 2023 adjusted EPS of 45 cents beat the Zacks Consensus Estimate by 4.7%. The bottom line declined 47.7% year over year. Revenues amounted to $39.5 billion, which improved 11% year over year. The top line outpaced the consensus mark by 9.6%. Revenues from Medicaid declined 1% year over year to $21.1 billion, while Medicare revenues fell 3% year over year to $5.3 billion. Meanwhile, commercial revenues jumped 68% year over year to $7.4 billion.Premiums of Centene improved 7.4% year over year to $34.2 billion. CNC’s total membership was almost 27.5 million as of Dec 31, 2023, which increased 1.5% year over year but lagged our estimate of 27.8 million. The Health Benefits Ratio of 89.5% for the fourth quarter of 2023 was higher than the year-ago period’s 88.7%. It reported adjusted net earnings of $240 million, which declined from $485 million a year ago. Adjusted SG&A expense ratio increased to 9.7% in the fourth quarter from 9.3% a year ago.Intuitive Surgical reported fourth-quarter 2023 adjusted EPS of $1.60, which beat the Zacks Consensus Estimate of $1.47 by 8.8%. The bottom line improved 30% year over year. It reported revenues of $1.93 billion, up 17% from the year-ago quarter’s recorded number. The top line also beat the consensus estimate by 3.2%. Revenues from the Instruments & Accessories segment totaled $1.14 billion, indicating a year-over-year improvement of 21.6%. The Systems segment’s revenues totaled $480.2 million, up 15.6% year over year. Intuitive Surgical shipped 415 da Vinci Surgical Systems compared with 369 in the year-ago quarter.Revenues in the Systems and Services segments improved 5.6% and 3.9%, respectively, from their corresponding year-ago quarter’s level. Adjusted gross profit was $1.31 billion, up 16.1% year over year. As a percentage of revenues, the gross margin was 68%, down approximately 20 bps from the year-ago quarter’s figure. As a percentage of revenues, the operating margin was 35.8%, up approximately 20 bps from the year-ago quarter’s figure.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 reportIntuitive Surgical, Inc. (ISRG) : Free Stock Analysis ReportCentene Corporation (CNC) : Free Stock Analysis ReportSelect Medical Holdings Corporation (SEM) : Free Stock Analysis ReportZimmer Biomet Holdings, Inc. (ZBH) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Select Medical (SEM) Q4 Earnings Beat on Patient Admissions

https://finance.yahoo.com/news/select-medical-sem-q4-earnings-172200378.html

7c528caa-d8d5-3d3f-9805-397cdf2f0838

ZBH

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 are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Zimmer Biomet Holdings (NYSE:ZBH). While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing. View our latest analysis for Zimmer Biomet Holdings Zimmer Biomet Holdings' Earnings Per Share Are GrowingThe 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 means EPS growth is considered a real positive by most successful long-term investors. We can see that in the last three years Zimmer Biomet Holdings grew its EPS by 12% per year. That's a pretty good rate, if the company can sustain it.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. Zimmer Biomet Holdings maintained stable EBIT margins over the last year, all while growing revenue 6.5% to US$7.4b. That's encouraging news for the company!In the chart below, you can see how the company has grown earnings and revenue, over time. 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 Zimmer Biomet Holdings' forecast profits?Story continuesAre Zimmer Biomet Holdings Insiders Aligned With All Shareholders?Investors are always searching for a vote of confidence in the companies they hold and insider buying is one of the key indicators for optimism on the market. Because often, the purchase of stock is a sign that the buyer views it as undervalued. Of course, we can never be sure what insiders are thinking, we can only judge their actions.The real kicker here is that Zimmer Biomet Holdings insiders spent a staggering US$1.1m on acquiring shares in just one year, without single share being sold in the meantime. The shareholders within the general public should find themselves expectant and certainly hopeful, that this large outlay signals prescient optimism for the business. It is also worth noting that it was Independent Director Robert Hagemann who made the biggest single purchase, worth US$233k, paying US$116 per share.The good news, alongside the insider buying, for Zimmer Biomet Holdings bulls is that insiders (collectively) have a meaningful investment in the stock. Indeed, they hold US$29m worth of its stock. This considerable investment should help drive long-term value in the business. While their ownership only accounts for 0.1%, this is still a considerable amount at stake to encourage the business to maintain a strategy that will deliver value to shareholders.While insiders already own a significant amount of shares, and they have been buying more, the good news for ordinary shareholders does not stop there. That's because Zimmer Biomet Holdings' CEO, Ivan Tornos, is paid at a relatively modest level when compared to other CEOs for companies of this size. The median total compensation for CEOs of companies similar in size to Zimmer Biomet Holdings, with market caps over US$8.0b, is around US$12m.Zimmer Biomet Holdings offered total compensation worth US$6.4m to its CEO in the year to December 2022. That seems pretty reasonable, especially given it's below the median for similar 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.Should You Add Zimmer Biomet Holdings To Your Watchlist?As previously touched on, Zimmer Biomet Holdings is a growing business, which is encouraging. Better yet, insiders are significant shareholders, and have been buying more shares. These factors alone make the company an interesting prospect for your watchlist, as well as continuing research. You still need to take note of risks, for example - Zimmer Biomet Holdings has 1 warning sign we think you should be aware of.The good news is that Zimmer Biomet Holdings is not the only growth stock with insider buying. Here's a list of growth-focused companies in the US with insider buying in the last three months!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.

Does Zimmer Biomet Holdings (NYSE:ZBH) Deserve A Spot On Your Watchlist?

https://finance.yahoo.com/news/does-zimmer-biomet-holdings-nyse-141421163.html

ba6daf22-9ef9-3ddd-8e77-35c48266f81f

ZBH

Fresenius Medical Care AG FMS recently announced the sale of its dialysis clinic networks in Brazil, Colombia, Chile and Ecuador to DaVita Inc. The transactions, subject to regulatory approvals in Brazil, Colombia and Ecuador, represent a milestone in the company’s portfolio optimization program.The transactions, which are expected to close throughout 2024, are expected to further reduce Fresenius Medical’s clinic footprint in Latin America as this follows its exit from Argentina at the end of 2023.The latest divestment is expected to significantly boost FMS’ portfolio optimization program and boost its business.Rationale Behind the DivestmentPer Fresenius Medical’s estimates, these four separate transactions, in aggregate, represent 154 dialysis clinics and more than 30,000 dialysis patients.Per management, the divestment of assets will likely optimize Fresenius Medical’s portfolio, reduce complexity and improve profitability. The company is expected to use the proceeds to reduce its debt.Industry ProspectsPer a report by Precedence Research, the global end-stage renal disease market was estimated to be $105.22 billion in 2022 and is anticipated to reach $372.31 billion by 2032 at a CAGR of approximately 13.5%. Factors like the increase in kidney failure patients and the introduction of technologically advanced products are expected to drive the market.Given the market potential, the latest divestment is expected to significantly boost Fresenius Medical’s business.Notable DevelopmentsLast month, Fresenius Medical reported its fourth-quarter 2023 results, wherein it registered a solid bottom-line performance. Its overall revenues and Care Delivery and Care Enablement segments’ revenues were up both on constant currency and organic basis. Its quarterly results reflected strong organic growth on the back of improving treatment volumes and a stabilizing labor environment in the United States. Overall price improvements also supported growth in the Care Enablement segment.Story continuesIn the same month, FMS announced the receipt of the FDA’s 510(k) clearance for its 5008X Hemodialysis System.Price PerformanceShares of Fresenius Medical have gained 2.7% in the past year compared with the industry’s 16.6% growth and the S&P 500’s 32.9% rise.Zacks Investment ResearchImage Source: Zacks Investment ResearchZacks Rank & Key PicksCurrently, Fresenius Medical carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the broader medical space are Zimmer Biomet Holdings, Inc. ZBH, Cardinal Health, Inc. CAH and Cencora, Inc. COR.Zimmer Biomet, carrying a Zacks Rank #2 (Buy) at present, has an estimated long-term growth rate of 7.2%. ZBH’s earnings surpassed estimates in three of the trailing four quarters and broke even once, with the average surprise being 4.9%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Zimmer Biomet’s shares have gained 2% compared with the industry’s 11.3% growth in the past year.Cardinal Health, flaunting a Zacks Rank of 1 at present, has an estimated long-term growth rate of 14.2%. CAH’s earnings surpassed estimates in each of the trailing four quarters, with the average being 15.6%.Cardinal Health has gained 64.3% compared with the industry’s 18.3% growth in the past year.Cencora, carrying a Zacks Rank of 2 at present, has an estimated long-term growth rate of 9.8%. COR’s earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 6.7%.Cencora’s shares have rallied 60.1% compared with the industry’s 7.7% growth 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 reportCardinal Health, Inc. (CAH) : Free Stock Analysis ReportFresenius Medical Care AG & Co. KGaA (FMS) : Free Stock Analysis ReportCencora, Inc. (COR) : Free Stock Analysis ReportZimmer Biomet Holdings, Inc. (ZBH) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Fresenius Medical (FMS) Divests Assets to Optimize Portfolio

https://finance.yahoo.com/news/fresenius-medical-fms-divests-assets-134200220.html

5aca76e5-3292-34c4-a123-7ca0a2093095

ZBH

Shares of Cardinal Health, Inc. CAH scaled a new 52-week high of $115.38 on Mar 8, before closing the session marginally lower at $115.17.Over the past year, this Zacks Rank #1 (Strong Buy) stock has gained 64.3% compared with 18.3% growth of the industry and a 32.9% rise of the S&P 500 composite.Over the past five years, the company registered earnings growth of 2.1% compared with the industry’s 12.8% rise. The company’s long-term expected growth rate of 14.2% compares with the industry’s growth projection of 11.6%. Cardinal Health’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 15.6%.Cardinal Health is witnessing an upward trend in its stock price, prompted by its diversified product portfolio. The optimism led by a solid second-quarter fiscal 2024 performance and the opening of a few distribution centers are expected to contribute further. However, stiff competition and the probability of losing a major customer persist.Zacks Investment ResearchImage Source: Zacks Investment ResearchLet’s delve deeper.Key Growth DriversDiversified Product Portfolio: Investors are upbeat about Cardinal Health’s Medical and Pharmaceutical offerings, which provide the company with a competitive edge in the niche space. In November 2023, the company announced the U.S. launch of its SmartGown EDGE Breathable Surgical Gown with ASSIST Instrument Pockets to provide surgical teams with safe and convenient instrument access in the operating room.In September 2023, CAH announced the U.S. launch of its Kangaroo OMNI Enteral Feeding Pump, designed to help provide enteral feeding patients with more options to meet their personalized needs throughout their enteral feeding journey.Distribution Centers: Investors are optimistic about Cardinal Health’s opening of a few distribution centers in strategic areas over the past few months. At the time of its second-quarter fiscal 2024 earnings release, management announced its plans to build a new at-Home Solutions distribution center in Texas, with increased capacity, advanced automation and robotics within the facility.Story continuesIn June 2023, the company announced its plans to build a new distribution center in Greenville, SC to support its at-Home Solutions business, a home healthcare medical supplies provider serving people with chronic and serious health conditions in the United States.Strong Q2 Results: Cardinal Health’s impressive second-quarter fiscal 2024 results buoy optimism. The company’s robust top and bottom-line results and solid performance by both segments were encouraging.DownsidesProbabilities of Loss of a Major Customer: Cardinal Health faces the risk of losing considerable business if it loses a major customer, which will severely impair its revenues in the future. In this regard, after establishing a generic sourcing joint venture with CVS Caremark in 2014, Cardinal Health largely depends on the former for more than 20% of its revenues. Collectively, five of CAH’s main customers, including CVS, accounted for as much as 40% of its revenues.Stiff Competition: Cardinal Health operates in a highly competitive environment in the distribution of pharmaceuticals and consumer healthcare products, as well as in the manufacturing and distribution of medical devices and surgical products. The company also competes on many levels, including price and service offerings.Other Key PicksA few other top-ranked stocks in the broader medical space are DaVita Inc. DVA, Zimmer Biomet Holdings, Inc. ZBH and Cencora, Inc. COR.DaVita, sporting a Zacks Rank #1 at present, has an estimated long-term growth rate of 12.1%. DVA’s earnings surpassed estimates in each of the trailing four quarters, with an average surprise of 36.6%. You can see the complete list of today’s Zacks #1 Rank stocks here.DaVita’s shares have gained 80.1% compared with the industry’s 27.1% growth in the past year.Zimmer Biomet, carrying a Zacks Rank #2 (Buy) at present, has an estimated long-term growth rate of 7.2%. ZBH’s earnings surpassed estimates in three of the trailing four quarters and broke even once, with the average surprise being 4.9%.Zimmer Biomet’s shares have gained 2% compared with the industry’s 11.3% growth in the past year.Cencora, carrying a Zacks Rank of 2 at present, has an estimated long-term growth rate of 9.8%. COR’s earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 6.7%.Cencora’s shares have rallied 60.1% compared with the industry’s 7.7% growth 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 reportDaVita Inc. (DVA) : Free Stock Analysis ReportCardinal Health, Inc. (CAH) : Free Stock Analysis ReportCencora, Inc. (COR) : Free Stock Analysis ReportZimmer Biomet Holdings, Inc. (ZBH) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Cardinal Health (CAH) Hits 52-Week High: What's Driving It?

https://finance.yahoo.com/news/cardinal-health-cah-hits-52-135600294.html

6777a1f0-f768-33d6-9069-3f664b309b3a

ZBRA

Zebra Technologies Corp (NASDAQ:ZBRA), a company specializing in the provision of automatic identification and data capture solutions, including printers for barcodes, RFID, mobile computing, and data collection, witnessed a recent insider sell according to the latest SEC filings. The insider, Chief Marketing Officer Armstrong Robert John Jr, sold 556 shares of the company on February 20, 2024.Warning! GuruFocus has detected 7 Warning Signs with ZBRA.The transaction was disclosed in an SEC Filing, which indicated that the shares were sold at a market price, giving the stock a market cap of $14.36 billion. Over the past year, Armstrong Robert John Jr has sold a total of 556 shares and has not made any purchases of the company's stock.The insider transaction history for Zebra Technologies Corp shows a trend of more insider buys than sells over the past year, with 6 insider buys and 4 insider sells recorded.Insider Sell: Zebra Technologies Corp's CMO Armstrong Robert John Jr Sells Company SharesOn the valuation front, Zebra Technologies Corp's shares were trading at $270 on the day of the insider's recent transaction. The price-earnings ratio of the company stands at 48.95, which is above both the industry median of 22.75 and the company's historical median price-earnings ratio.Considering the GF Value, with a stock price of $270 and a GuruFocus Value of $256.77, Zebra Technologies Corp has a price-to-GF-Value ratio of 1.05, indicating that the stock is Fairly Valued based on its GF Value. 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.Insider Sell: Zebra Technologies Corp's CMO Armstrong Robert John Jr Sells Company SharesInvestors and stakeholders in Zebra Technologies Corp may find this insider sell transaction noteworthy as they monitor the stock's performance and insider activities.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: Zebra Technologies Corp's CMO Armstrong Robert John Jr Sells Company Shares

https://finance.yahoo.com/news/insider-sell-zebra-technologies-corps-220128658.html

8a1ca021-7793-3be5-b491-47b7465f4419

ZBRA

How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.What if you'd invested in Zebra Technologies (ZBRA) ten years ago? It may not have been easy to hold on to ZBRA for all that time, but if you did, how much would your investment be worth today?Zebra Technologies' Business In-DepthWith that in mind, let's take a look at Zebra Technologies' main business drivers.Headquartered in Lincolnshire, IL, Zebra Technologies Corporation is the leading provider of enterprise asset intelligence solutions in the automatic identification and data capture solutions industry throughout the world. The company has a diversified portfolio of product and solutions that includes cloud-based subscriptions and a full range of services like maintenance, repair, technical support, managed and professional services. The products and solutions, which are sold across 180 countries, are designed to help its customers achieve enhanced operational efficiency, increased asset utilization, optimized workflows and improved regulatory compliance. As of 2022-end, it had around 10,500 employees globally.Key end markets served by the company include manufacturing, retail and e-commerce, transportation and logistics, public sector, healthcare, and other industries throughout the world. Products are sold directly through sales representatives and an extensive network of channel partners.The company reports operations under two reporting segments — Asset Intelligence & Tracking (“AIT”) and Enterprise Visibility & Mobility (“EVM”). The segments are briefly discussed below:AIT (34.4% of total revenues in 2023): This segment specializes in barcode printing and asset tracking technologies. Its key product lines comprise barcode and card printers, services, supplies, and location solutions. These products are sold primarily in North America, Europe, Middle East and Africa (“EMEA”), Latin America and Asia-Pacific.EVM (65.6%): This segment specializes in automatic information and data capture solutions. Its key product lines comprise mobile computing, data capture, services, RFID, retail as well as software-based workflow optimization solutions. These products are sold primarily in North America, EMEA, Latin America and the Asia-Pacific.It’s worth noting that in the first quarter of 2021, the company shifted its retail solutions offering from the Asset Intelligence & Tracking segment into the Enterprise Visibility & Mobility segment.Story continuesBottom LineAnyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Zebra Technologies a decade ago, you're probably feeling pretty good about your investment today.A $1000 investment made in February 2014 would be worth $4,219.20, or a 321.92% gain, as of February 23, 2024, according to our calculations. Investors should note that this return excludes dividends but includes price increases.Compare this to the S&P 500's rally of 177.03% and gold's return of 47.01% over the same time frame.Going forward, analysts are expecting more upside for ZBRA.The healthy demand for RFID (radio frequency identification), services and software is likely to aid Zebra Technologies. Improving supply chains and reduced product lead times are expected to help the company stay afloat as it grapples with weakness across its end markets. ZBRA’s efforts to reward shareholders despite the uncertain environment hold promise. In 2023, ZBRA repurchased shares worth $52 million. Its cost-reduction actions are likely to be advantageous. Amid low demand across end markets, the company provided a bleak forecast. For the first quarter of 2024, it expects revenues to drop 17-20% year over year. Weakness in the mobile computing and data capture solution markets has been taking a toll on the Enterprise Visibility & Mobility segment. Forex woes and a weak liquidity position are other concerns for Zebra.Over the past four weeks, shares have rallied 8.75%, and there have been 1 higher earnings estimate revisions in the past two months for fiscal 2024 compared to none lower. The consensus estimate has moved up as well.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 reportZebra Technologies Corporation (ZBRA) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

Zacks

Here's How Much a $1000 Investment in Zebra Technologies Made 10 Years Ago Would Be Worth Today

https://finance.yahoo.com/news/heres-much-1000-investment-zebra-133005206.html

28a6f7be-6b7c-35fd-bea4-edd8e95def4f

ZBRA

Company recognized in Leaders Quadrant for the fifth consecutive yearLINCOLNSHIRE, Ill., March 07, 2024--(BUSINESS WIRE)--Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, today announced it has been named a Leader by Gartner, Inc. in its Magic Quadrant for Indoor Location Services. This is the fifth consecutive year Zebra has placed in the Leaders Quadrant. A copy of the full report is available from Zebra Technologies."We believe being recognized as a Leader by Gartner is a distinct honor," said Brent Brown, General Manager, Advanced Location Technologies, Zebra Technologies. "It reflects our deep commitment to helping customers create data-powered environments, easily manage the location of critical assets, and use relevant insights for better business decisions that boost efficiency and productivity."Zebra’s location solutions leverage technologies such as Wi-Fi, cellular data, GPS, Bluetooth Low Energy (BLE), Ultra-Wideband (UWB), Visible Light Communications (VLC), ultrasound, RFID and motion-sensing so they can be easily integrated and drive business outcomes in existing customer environments.With more than 50 years of innovation, Zebra is the industry leading provider of RAIN RFID technology, ranging from ultra-rugged fixed RFID readers to our solution that tracks player performance in real time, turning edge data into actionable insights.Zebra location solutions help customers work in new ways with technology, enabling them to track assets and people across a diverse set of industries including manufacturing, retail, and healthcare among others. Its location solutions are available through Zebra and its PartnerConnect channel network of more than 10,000 partners worldwide.KEY TAKEAWAYSFor the fifth consecutive year, Zebra Technologies is named as a Leader in the Gartner Magic Quadrant for Indoor Location Services.Zebra Technologies was recognized based on its Completeness of Vision and Ability to Execute in the report.Zebra’s indoor location solutions enable organizations to transform location data into meaningful insights to inform smarter operational decisions.Story continuesGartner, Magic Quadrant for Indoor Location Services, Tim Zimmerman, Annette Zimmermann, 28 February 2024The report was published as Magic Quadrant for Indoor Location Services, Global for the year 2020-21.Gartner is a registered trademark and service mark and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reservedGartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.ABOUT ZEBRA TECHNOLOGIESZebra (NASDAQ: ZBRA) helps organizations monitor, anticipate, and accelerate workflows by empowering their frontline and ensuring that everyone and everything is visible, connected and fully optimized. Our award-winning portfolio spans software to innovations in robotics, machine vision, automation and digital decisioning, all backed by a +50-year legacy in scanning, track-and-trace and mobile computing solutions. With an ecosystem of 10,000 partners across more than 100 countries, Zebra’s customers include over 80% of the Fortune 500. Newsweek recently recognized Zebra as one of America’s Most Loved Workplaces and Greatest Workplaces for Diversity, and we are on Fast Company’s list of the Best Workplaces for Innovators. Learn more at www.zebra.com or sign up for news alerts. Follow Zebra’s Your Edge blog, LinkedIn, Twitter and Facebook, and check out our Story Hub: Zebra Perspectives.ZEBRA and the stylized Zebra head are trademarks of Zebra Technologies Corp., registered in many jurisdictions worldwide. All other trademarks are the property of their respective owners. ©2024 Zebra Technologies Corp. and/or its affiliates.View source version on businesswire.com: https://www.businesswire.com/news/home/20240307653069/en/ContactsMedia Contact: Michael GilhoolyZebra [email protected] Industry Analyst Contact: Kasia FahmyZebra [email protected]

Business Wire

Zebra Technologies Named a Leader in 2024 Gartner® Magic Quadrant™ for Indoor Location Services

https://finance.yahoo.com/news/zebra-technologies-named-leader-2024-130000158.html

d3d1d426-13d8-392f-b863-90382b5eaaf4