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Ingersoll Rand Acquires TMIC/Adicomp, Strengthens Product Offerings
ZACKS· 2025-07-02 14:40
Core Insights - Ingersoll Rand Inc. has completed the acquisition of Termomeccanica Industrial Compressors S.p.A. and its subsidiary Adicomp for approximately €160 million, enhancing its air and gas compressor portfolio [1][9]. Group 1: Acquisition Details - TMIC specializes in designing and manufacturing air and gas compressors, while Adicomp provides engineered-to-order solutions in the renewable natural gas sector [2]. - The acquisition aligns with Ingersoll Rand's strategy to expand its market share and customer base, particularly in the packaging and renewable natural gas industries [3]. Group 2: Integration and Impact - TMIC/Adicomp will be integrated into Ingersoll Rand's Industrial Technologies and Services segment, which includes various products such as air compressors and power tools [4]. - The acquisition is part of a broader growth strategy that includes previous acquisitions, such as Lead Fluid, Air Power Systems, Blutek, and UT Pumps, which have collectively contributed to revenue growth [5][6][7]. Group 3: Financial Performance - Ingersoll Rand has a market capitalization of approximately $34.4 billion and is currently ranked 3 (Hold) by Zacks, with expectations of revenue growth driven by higher orders in industrial vacuums and blowers [8]. - The company's shares have increased by 16% over the past three months, outperforming the industry growth of 15.3% [10].
Can Multi-Basin Assets Fuel Devon Energy's Long-Term Growth?
ZACKS· 2025-07-02 14:40
Core Insights - Devon Energy Corporation (DVN) is recognized as a leading U.S. shale producer with a strategic focus on multi-basin oil and gas assets, providing geographic diversity, scale, and flexibility [1] - The Delaware Basin is the main contributor to Devon's production, accounting for over 60% of output and yielding high margins due to favorable well economics and low breakeven costs [2][8] - Devon's multi-basin strategy supports a sustainable shareholder return framework, returning nearly 70% of free cash flow to shareholders in 2024 [3][8] - The company is well-positioned to capitalize on long-term energy demand with efficient operations and a robust balance sheet [4] Production and Financial Performance - Devon's diversified asset base allows for optimized capital allocation and risk mitigation, enhancing operational resilience [5] - The Zacks Consensus Estimate indicates a year-over-year revenue increase of 4.67% for 2025 and 0.14% for 2026 [7] - Devon's return on invested capital (ROIC) stands at 8.71%, outperforming the industry average of 7.16% [10] Stock Performance - Devon's shares have increased by 4.8% over the past month, slightly outperforming the Zacks Oil & Gas- Exploration and Production- United States industry's rise of 4.6% [12]
Has Accel Entertainment (ACEL) Outpaced Other Consumer Discretionary Stocks This Year?
ZACKS· 2025-07-02 14:40
Group 1 - Accel Entertainment (ACEL) has returned 12.6% year-to-date, outperforming the Consumer Discretionary sector average of 11.5% [4] - The Zacks Rank for Accel Entertainment is currently 2 (Buy), indicating strong analyst sentiment and an improving earnings outlook [3] - Over the past 90 days, the Zacks Consensus Estimate for ACEL's full-year earnings has increased by 8% [3] Group 2 - Accel Entertainment is part of the Gaming industry, which consists of 39 companies and currently ranks 149 in the Zacks Industry Rank [5] - The Gaming industry has gained an average of 13.7% year-to-date, indicating that ACEL is slightly underperforming its industry [5] - Another stock in the Consumer Discretionary sector, Sendas Distribuidora S.A. Sponsored ADR (ASAIY), has significantly outperformed with a year-to-date increase of 115.7% [4]
Is Automatic Data Processing (ADP) Stock Outpacing Its Computer and Technology Peers This Year?
ZACKS· 2025-07-02 14:40
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Automatic Data Processing (ADP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Automatic Data Processing is a member of the Computer ...
Are Finance Stocks Lagging Banco Bradesco (BBD) This Year?
ZACKS· 2025-07-02 14:40
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Banco Bradesco (BBD) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Banco Bradesco is a member of our Finance group, which includes 870 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measurin ...
Is China Cosco (CICOY) Outperforming Other Transportation Stocks This Year?
ZACKS· 2025-07-02 14:40
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Has COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (CICOY) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR is a member of our Transportation group, which includes 122 different companies and currently sits a ...
Is Centene (CNC) Stock Undervalued Right Now?
ZACKS· 2025-07-02 14:40
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-a ...
Are Business Services Stocks Lagging Amplitude (AMPL) This Year?
ZACKS· 2025-07-02 14:40
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Amplitude, Inc. (AMPL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Amplitude, Inc. is a member of our Business Services group, wh ...
Is GMS (GMS) Stock Outpacing Its Retail-Wholesale Peers This Year?
ZACKS· 2025-07-02 14:40
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is GMS (GMS) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.GMS is a member of the Retail-Wholesale sector. This group includes 204 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank considers 16 differen ...
Is Noah Holdings (NOAH) Stock Undervalued Right Now?
ZACKS· 2025-07-02 14:40
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.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of ...