Core Viewpoint - Pampa Energia S.A. (PAM) is positioned as a strong investment option in the utility sector due to its focus on maintaining asset quality and expanding its generation portfolio, particularly in electricity generation, transmission, and distribution in Argentina [1] Growth Projections - The Zacks Consensus Estimate for 2024 earnings per share (EPS) has increased by 20.6% to $9.54 over the past 90 days [2] - The Zacks Consensus Estimate for 2024 sales is projected at $1.92 billion, reflecting a year-over-year growth of 11% [2] - PAM has achieved an average earnings surprise of 62% in the last four quarters [2] Return on Equity (ROE) - PAM's current ROE stands at 12.59%, surpassing the industry average of 10.45%, indicating more effective utilization of shareholders' funds compared to peers in the electric power utility sector [3] Debt Position - PAM's total debt to capital ratio is 34.73%, which is significantly better than the industry average of 60.05% [4] - The time-to-interest earned ratio was 2.8 at the end of Q2 2024, demonstrating the company's capability to meet future interest obligations comfortably [4] Liquidity - The company's current ratio is 2.33, outperforming the industry average of 0.86, suggesting sufficient short-term assets to cover liabilities if necessary [5] Focus on Clean Power Generation - Since 2018, PAM has been actively developing wind energy, establishing itself as a leading renewable energy company in Argentina [6] - In Q2 2024, PAM's net power generation reached 5,067 gigawatt-hours, including hydro, wind, and thermal sources [6] - The PEPE VI project is expected to add 140 megawatts (MW) of wind power, with three additional turbines commissioned in September 2024, contributing a combined capacity of 13.5 MW to the existing 94.5 MW [6] - PAM's investment exceeding $250 million aims to increase its total installed wind power capacity to 427 MW, enhancing its position as a top renewable power producer in the country [6] Stock Price Performance - Over the past three months, PAM's shares have surged by 47.1%, compared to a 10.6% increase in the industry [7]

Partnership Overview - Badge Inc. has announced a partnership with CyberArk to enhance identity security and user experience by eliminating vulnerable attack surfaces [1][5] - The integration is now available in the CyberArk Marketplace, allowing specified users to authenticate into CyberArk Identity and its downstream applications using Badge [2][4] Technology and Security Benefits - The integration allows for user-centric privacy, enabling users to issue and revoke digital identities and keys on-demand using biometrics and other factors [2] - By eliminating the storage of user credentials, organizations can achieve unprecedented security while maintaining a positive user experience [3][5] - The partnership aims to provide phishing-resistant authentication, particularly in account recovery workflows [4] Company Profiles - CyberArk is recognized as a global leader in identity security, focusing on intelligent privilege controls across various environments, including hybrid cloud and DevOps [6] - Badge specializes in privacy-preserving authentication without storing user secrets or personally identifiable information (PII), utilizing patented technology developed by experts from MIT [7]

Core Viewpoint - Pampa Energia (PAM) is currently identified as a strong value stock, supported by its favorable valuation metrics and strong earnings outlook [4][8]. Valuation Metrics - PAM has a P/E ratio of 7.03, significantly lower than the industry average of 16.81, indicating potential undervaluation [4]. - The stock's P/B ratio stands at 1.05, compared to the industry's average of 2.74, suggesting a solid market value relative to its book value [5]. - PAM's P/S ratio is 1.84, which is lower than the industry average of 2.13, reinforcing the notion of undervaluation [6]. - The P/CF ratio for PAM is 5.02, well below the industry's average of 12.83, highlighting its attractive cash flow outlook [7]. Investment Outlook - Given the combination of PAM's strong valuation metrics and positive earnings outlook, it is positioned as a compelling investment opportunity for value investors [8].

Core Insights - Addex Therapeutics has launched Neurosterix with a Series A financing of $63 million led by Perceptive Advisors to accelerate the development of M4PAM for schizophrenia [1][2] - The company reported significant financial results for the first half of 2024, including a net profit from discontinued operations of CHF 11.98 million [5][6] Financial Performance - Total income for Q2 2024 was CHF 115,000, a decrease of CHF 517,000 from Q2 2023, while half-year income was CHF 350,000, down by CHF 784,000 compared to H1 2023 [4][9] - R&D expenses for H1 2024 were CHF 584,000, an increase of CHF 37,000 from H1 2023, while G&A expenses rose to CHF 1.45 million, up by CHF 102,000 [4][10] - The total operating loss for H1 2024 was CHF 1.69 million, compared to a loss of CHF 764,000 in H1 2023, indicating a significant increase in losses [4][11] Operational Highlights - Addex successfully completed its research agreement with Indivior, allowing both companies to select drug candidates for independent development [3][4] - The company holds a 20% equity interest in Neurosterix, which is advancing a portfolio of allosteric modulator programs [15] Cash Flow and Equity - Cash and cash equivalents decreased to CHF 3.8 million as of June 30, 2024, down from CHF 7.2 million a year earlier, primarily due to cash used in operating activities [8] - Shareholders' equity increased to CHF 12.65 million as of June 30, 2024, compared to CHF 6.13 million in the previous year [4]

Core Viewpoint - Pampa Energia S.A. (PAM) is positioned as a strong investment option in the utility sector due to its strategic investments that enhance asset quality and expand its generation portfolio [1] Growth Projections & Surprise History - The Zacks Consensus Estimate for PAM's 2024 earnings per share (EPS) has increased by 20.6% to $9.54 over the past 60 days [2] - The sales estimate for 2024 is projected at $1.88 billion, reflecting a year-over-year growth of 8.5% [2] - PAM has achieved an average earnings surprise of 62% in the last four quarters [2] Return on Equity (ROE) - PAM's current ROE stands at 12.59%, surpassing the industry average of 10.34%, indicating more effective utilization of shareholders' funds compared to peers [3] Debt Position - PAM's total debt to capital ratio is 34.73%, which is significantly better than the industry's average of 60.86% [4] - The time-to-interest earned ratio was 2.8 at the end of Q2 2024, demonstrating the company's capability to meet future interest obligations [4] Liquidity - The current ratio for PAM is 2.33, well above the industry average of 0.85, suggesting sufficient short-term assets to cover liabilities [5] Focus on Clean Power Generation - Since 2018, PAM has been actively developing wind energy, establishing itself as a leading renewable energy company in Argentina [6] - In Q2 2024, PAM's net power generation reached 5,067 gigawatt-hours, including hydro, wind, and thermal sources [6] Wind Power Projects - The PEPE VI project is expected to add 140 megawatts (MW) of wind power, with completion anticipated by October 2024 [7] - PAM's investment exceeding $250 million will increase its total installed wind power capacity to 427 MW, enhancing its position in the renewable energy sector [7] Stock Price Performance - Over the past three months, PAM's shares have increased by 31%, outperforming the industry's growth of 12% [8]

Pampa Energia (PAM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. ...

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. Eve ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-a ...

I T r 習題 TOTAL Ch l 017 I H 下 @ yangna This article analyzes Pampa Energia's (NYSE:PAM) (OTCPK:PPENF) 2Q24 results and earnings call. It also reviews the company's valuation and my rating from a Hold in my last article (and consistently since January 2022). The company's operations were marked by little changes, which was in line with expectations from previous articles of stagnation in most of its segments. The two most important developments were tariff adjustments to its equity holdings Transener and TGS ...

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. The upgrade of Pampa to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the ...