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ROSEN, THE FIRST FILING FIRM, Encourages Ibotta, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – IBTA
GlobeNewswire News Room· 2025-04-23 17:50
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Ibotta, Inc. securities related to its April 18, 2024 IPO, alleging that the Registration Statement contained false or misleading statements regarding the risks associated with Ibotta's contract with Kroger [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Ibotta failed to disclose that its contract with Kroger was at-will, meaning Kroger could terminate the contract without notice, which posed a significant risk to investors [5]. - Ibotta provided detailed terms of its contract with another large customer but did not mention the at-will nature of the Kroger contract, leading to investor damages when the true nature of the contract was revealed [5]. Group 2: Investor Participation - Investors who purchased Ibotta securities may be entitled to compensation through a contingency fee arrangement, meaning no out-of-pocket fees or costs are required [2]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
Carter's Q1 Earnings on Deck: Will Adverse Trends Hurt Performance?
ZACKS· 2025-04-23 17:45
Core Viewpoint - Carter's, Inc. is expected to report a decline in both revenue and earnings for the first quarter of 2025, influenced by challenging macroeconomic conditions and reduced consumer demand [1][3][4]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for first-quarter revenues is $621.3 million, reflecting a 6.1% decrease from the previous year [2]. - The consensus estimate for quarterly earnings is 53 cents per share, indicating a 48% decline from the year-ago quarter [2]. - Carter's has a trailing four-quarter earnings surprise of 45.7%, with the last quarter's earnings beating the Zacks Consensus Estimate by 39% [2]. Market Conditions and Challenges - The company faces persistent inflation and high interest rates, which are significant hurdles for its core demographic of families with young children [3]. - Consumer demand for Carter's products has weakened due to reduced discretionary income and the absence of pandemic-era financial support [3]. - The retail segment is expected to experience continued softness in consumer spending, while the wholesale business shows some resilience [4]. Financial Performance Expectations - Carter's projected net sales for the first quarter of 2025 are between $615 million and $625 million, down from $661 million in the previous year [7]. - Adjusted earnings are expected to be between 45 and 55 cents per share, a decline from $1.04 reported in the prior-year quarter [7]. - The company anticipates adjusted operating income of $30 million to $35 million, down from $55 million in the year-ago quarter, with an expected adjusted operating income of $31.4 million, representing a 43% year-over-year decrease [7]. Sales Projections - Total sales in the U.S. Retail business are expected to decline in the mid-single-digit to high-single-digit range [8]. - U.S. Wholesale sales are anticipated to decrease by high-single digits year-over-year, while international sales are expected to dip in the mid-single digits [8]. - Comparable sales in the U.S. Retail business are projected to be down mid- to high-single digits, with a model predicting a 6% decline in U.S. Retail and a 6.9% decline in U.S. Wholesale [8]. Cost and Margin Pressures - The company has been experiencing higher selling, general and administrative expenses (SG&A) as a percentage of sales, due to fixed cost deleverage from lower sales and increased distribution and transportation costs [5]. - The higher SG&A expense rate is expected to strain operating margins and reduce profitability [5]. Strategic Initiatives - Carter's is focusing on strategic initiatives to improve long-term performance, including enhancing merchandise assortments and refining inventory management [9]. - The company is implementing measures such as improved pricing and optimized inventory management, along with strengthening its e-commerce capabilities [9]. Valuation Perspective - From a valuation standpoint, Carter's is trading at a forward 12-month price-to-earnings ratio of 9.89X, which is below its five-year high of 21.14X and the industry average of 21.58X, presenting an attractive opportunity for investors [12]. - CRI's shares have lost 30.5% in the past three months, compared to a 24.5% decline in the industry [13].
3 Reasons Why Universal Health Services (UHS) Is a Great Growth Stock
ZACKS· 2025-04-23 17:45
Core Viewpoint - Growth investors are increasingly focusing on stocks with above-average financial growth, and Universal Health Services (UHS) is highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [2][10]. Earnings Growth - Historical EPS growth for Universal Health Services stands at 5.7%, but projected EPS growth for this year is 14%, surpassing the industry average of 13.8% [5][4]. Asset Utilization Ratio - Universal Health Services has an asset utilization ratio (sales-to-total-assets) of 1.11, indicating it generates $1.11 in sales for every dollar in assets, compared to the industry average of 0.89. Additionally, the company's sales are expected to grow by 8.1% this year, significantly higher than the industry average of 1.1% [7][6]. Earnings Estimate Revisions - The current-year earnings estimates for Universal Health Services have been revised upward, with the Zacks Consensus Estimate increasing by 2.8% over the past month, indicating a positive trend in earnings estimate revisions [8][10].
Here is Why Growth Investors Should Buy K12 (LRN) Now
ZACKS· 2025-04-23 17:45
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to inherent volatility and risks [1] Company Summary - K12 (LRN) is identified as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 54.2%, with projected EPS growth of 48.3% this year, significantly surpassing the industry average of 23.8% [4] - K12's year-over-year cash flow growth stands at 32.1%, well above the industry average of 3.2%, indicating strong cash accumulation for potential new projects [5] - The annualized cash flow growth rate for K12 over the past 3-5 years is 23.8%, compared to the industry average of 7.4% [6] - There has been a positive trend in earnings estimate revisions for K12, with a 4.2% increase in the current-year earnings estimates over the past month [7] - K12 has achieved a Growth Score of A and a Zacks Rank 1, indicating strong potential for growth investors [8]
DXP Enterprises (DXPE) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-04-23 17:45
Core Viewpoint - Growth investors seek stocks with above-average financial growth, but identifying such stocks can be challenging due to inherent volatility and risks [1] Group 1: Company Overview - DXP Enterprises (DXPE) is recommended as a cutting-edge growth stock based on its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 51.1%, with projected EPS growth of 17.1% this year, significantly higher than the industry average of 6.8% [5] Group 2: Earnings Growth - Earnings growth is crucial for growth investors, with double-digit growth being highly preferable [4] - DXP Enterprises' projected EPS growth of 17.1% this year indicates strong prospects for stock price gains [5] Group 3: Cash Flow Growth - Year-over-year cash flow growth for DXP Enterprises is 6.5%, surpassing the industry average of 1.6% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 12.3%, compared to the industry average of 8.5% [7] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [8] - The current-year earnings estimates for DXP Enterprises have increased by 22.5% over the past month [9] Group 5: Investment Potential - DXP Enterprises has earned a Growth Score of B and carries a Zacks Rank 1 due to positive earnings estimate revisions, indicating it is a solid choice for growth investors [11]
RTX vs. Lockheed Martin: Which Defense Stock to Consider in 2025?
ZACKS· 2025-04-23 17:40
With escalating geopolitical threats worldwide and more nations investing heavily to secure their borders, prominent defense contractors like RTX Corporation (RTX) and Lockheed Martin (LMT) are gaining substantially.  With global defense budgets on the rise like never before, these two defense giants are well positioned to benefit from the growing demand for advanced, lethal weaponries.While RTX brings a diversified portfolio to the table, with strengths in aerospace systems, precision weapons and advanced ...
FSLR vs. CSIQ: Which Solar Stock Is the Brighter Player?
ZACKS· 2025-04-23 17:40
As clean energy investments continue to escalate worldwide, solar power has emerged as the fastest-growing energy source, brightening the growth prospects for key industry players like First Solar (FSLR) and Canadian Solar (CSIQ) . As investor interest in green energy escalates, these two solar giants offer compelling yet contrasting opportunities worth exploring.While First Solar, a U.S.-based company, specializes in manufacturing advanced thin-film photovoltaic (PV) solar modules and focuses on deploying ...
3 Defense Equipment Stocks to Buy Amid Bright Air Traffic View
ZACKS· 2025-04-23 17:40
Strong global air passenger traffic projections present attractive growth prospects for stocks in the Zacks Aerospace-Defense Equipment industry. However, ongoing supply-chain disruptions in the commercial aerospace sector may dampen demand for aircraft components, potentially weighing on profitability and cash flow. Despite these challenges, the industry is likely to benefit from strategic mergers and acquisitions, which can drive operational efficiencies, expand market reach and broaden product portfolios ...
Boeing's Q1 Earnings Top Estimates, Revenues Increase Y/Y
ZACKS· 2025-04-23 17:40
The Boeing Company (BA) incurred an adjusted loss of 49 cents per share in the first quarter of 2024, narrower than the Zacks Consensus Estimate of a loss of $1.54. The bottom line also improved from the year-ago quarter’s reported loss of $1.13 per share. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Including one-time items, the company reported a GAAP loss of 16 cents per share, narrower than the year-ago quarter’s reported loss of 56 cents.The year-over-year improvement in the ...
Otis Worldwide Q1 Earnings Beat Estimates, Sales Miss, Stock Down
ZACKS· 2025-04-23 17:40
Otis Worldwide Corporation (OTIS) reported mixed results in the first quarter of 2025, wherein adjusted earnings surpassed the Zacks Consensus Estimate while net sales missed the same. On a year-over-year basis, the top line declined, but the bottom line increased.The quarterly results were impacted by a soft sales trend in the New Equipment segment, mainly due to a more than 20% decline in China and a high-single-digit decline in the Americas. On the other hand, year-over-year growth in contributions from ...