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F vs. GM: Which Legacy Automaker Looks Stronger Ahead of Q2 Earnings?
ZACKS· 2025-07-15 13:46
Core Insights - The upcoming Q2 2025 earnings reports for Ford and General Motors are highly anticipated by investors to assess which stock is better positioned [1] - General Motors is set to report earnings on the upcoming Tuesday, while Ford will follow on July 30 [1] Earnings Estimates - The Zacks Consensus Estimate for GM's Q2 earnings is $2.44 per share with revenues of $45.34 billion, having surpassed EPS estimates in the last four quarters with an average surprise of 10.16% [2] - Ford's consensus estimates are $0.30 for EPS and $41.5 billion for sales, with a less favorable earnings surprise history, beating estimates twice and missing once in the last four quarters [3] Earnings Surprise Potential - General Motors has a Zacks Rank of 3 and an Earnings ESP of -4.05%, while Ford has a Zacks Rank of 2 and an Earnings ESP of -36.59% [4] Vehicle Deliveries - Ford sold 612,095 vehicles in Q2 2025, a 14.2% increase year-over-year, driven by strong demand for trucks and hybrids [5] - General Motors sold 746,588 units, up 7.3% year-over-year, with significant growth across all brands, particularly Buick, which saw a 19.3% increase in Q2 [6] Electrification Efforts - General Motors has accelerated its electric vehicle sales, with EV sales up 111% to 46,280 units in Q2, driven by a diverse lineup [7][8] - Ford's EV sales, however, dropped 31% in Q2, but the company is focusing on hybrid strategies and operational scaling for long-term growth [9] Tariff Impact - Ford anticipates a $1.5 billion impact from tariffs, while General Motors expects a profit impact of $4-$5 billion due to tariffs on imports [10] Dividend Comparison - Ford offers a high dividend yield of over 5%, significantly higher than GM's 1.13% and the industry average of 0.3% [11] - Ford aims to distribute 40-50% of free cash flow going forward, indicating a commitment to shareholder returns [12] Earnings Outlook - The Zacks Consensus Estimate indicates a year-over-year decline in EPS for GM and Ford of 12.3% and 40%, respectively, but Ford's 2026 EPS is projected to grow by 13.4% [13] - Recent estimate revisions suggest Ford is better positioned than GM, with Ford's 2025 EPS estimate remaining stable at $1.11 [14] Stock Performance & Valuation - Year-to-date, Ford's shares have risen 20%, while GM's stock price has remained flat [15] - GM's stock trades at 5.65X forward earnings, while Ford's is at 9.94X, both below the auto sector's average of 25.82X [18] Conclusion - Ford appears better positioned heading into Q2 earnings due to its hybrid momentum, shareholder-friendly policies, and solid stock performance, despite GM's strength in EV sales [19]
花旗:连接器及其他组件_看好人工智能发展势头及工业需求改善
花旗· 2025-07-15 01:58
Investment Ratings - Amphenol (APH) is rated as Buy with a target price of $115 based on a 35x P/E multiple for F24M EPS [1][49][51] - TE Connectivity (TEL) is upgraded to Buy with a target price of $200 based on a 20x P/E multiple for F24M EPS [1][57][60] Core Insights - The report maintains a constructive outlook on the connector industry, driven by solid demand fundamentals and increased electrification across various end markets [9][58] - Recent stabilization in automotive market production and improving industrial demand are key factors for the upgrade of TEL to Buy [1][9] - Amphenol is expected to benefit from AI-led demand and a balanced end market exposure, while TEL is positioned for margin expansion due to improved industrial demand [1][33][58] Summary by Sections Amphenol (APH) - APH is a leading manufacturer in the connector market with a diversified end market exposure, including industrial (23%), automotive (17%), and IT data communications (37%) [49][50] - The company is expected to see above-market sales and earnings growth driven by technology hardware spending and AI infrastructure [50][51] - The target price of $115 reflects a premium to its historical P/E multiple, indicating strong growth potential [51][52] TE Connectivity (TEL) - TEL is the largest electronics connector company, with a significant portion of its revenue (40%) coming from the automotive sector [56][57] - The company is expected to benefit from stabilizing automotive trends and improving industrial demand, with a strong balance sheet supporting its growth [58][60] - The target price of $200 is based on a valuation that aligns with its long-term median P/E, reflecting its market position and growth prospects [60] Market Trends - The connector market is anticipated to show continued momentum in 2025, supported by growth in IT Datacom and industrial automation spending [58] - The automotive market is stabilizing, which is crucial for TEL as it represents a significant revenue source [9][58] - AI demand is expected to ramp up, particularly in the data center segment, which is beneficial for both APH and TEL [15][58]
X @Bloomberg
Bloomberg· 2025-07-14 13:58
Demand Forecast - UK power demand is set to increase due to higher population growth rates [1] - Electrification of the economy contributes to the increase in power demand [1] Source - National Energy System Operator provides the forecast [1]
Blink Charging Announces Strategic Acquisition of Zemetric, Inc
Globenewswire· 2025-07-14 12:30
Bonnie Datta, Co-founder and CCO at Zemetric will be join the team as Senior Vice President of Global Commercial Operations. Kapil Singhi, Co-founder and Engineering Head will assume a senior role in global charger development. Bowie, Md., July 14, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or the "Company"), a leading global owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced the Company's acquisition of 100% of the equity of Zeme ...
ABB's Electrification Segment Gains Pace: More Upside to Come?
ZACKS· 2025-07-11 16:26
Core Insights - ABB Ltd's Electrification segment is a key driver of overall growth, with strong customer activities in major markets such as utilities and buildings [1][3] - The segment's orders in Q1 2025 totaled $4.39 billion, reflecting a 2% year-over-year increase, while the order backlog reached a record $8.17 billion [1][7] - Revenue for the Electrification segment grew by 6% year-over-year during the same period [1][7] Segment Performance - The Electrification segment benefits from effective execution of its order backlog, particularly in medium voltage and power protection businesses [2] - Increased project wins and improving customer activity in short-cycle businesses are positive indicators for future performance [2] - The acquisition of Siemens' Wiring Accessories is expected to further support revenue growth in upcoming quarters [2] Market Challenges - There are concerns regarding muted customer demand in the hyperscale data center market and weakness in the residential building market in China [3] - Global trade policy uncertainties may impact the segment's near-term performance [3] - Despite these challenges, ongoing electrification trends and a strong order backlog position the segment for continued growth [3] Peer Comparison - Eaton Corporation's Electrical Americas segment reported net sales of $3.01 billion in Q1 2025, up 11.9% year-over-year, with a 6% increase in backlog [4] - EnerSys' Energy Systems segment generated net sales of $399 million in Q4 fiscal 2025, reflecting an 8% year-over-year increase, driven by data center growth [5] Valuation and Estimates - ABB shares have gained 13% over the past six months, outperforming the industry growth of 6.5% [6] - The company is trading at a forward price-to-earnings ratio of 23.61X, slightly above the industry average of 23.13X [9] - The Zacks Consensus Estimate for ABB's second-quarter 2025 earnings has declined over the past 60 days [10]
Can Ouster Tap $20B Automotive LiDAR Boom With Scalable Solutions?
ZACKS· 2025-07-10 16:16
Core Insights - Ouster Inc. (OUST) has identified a $20 billion opportunity in the automotive LiDAR market, driven by increasing safety standards, consumer demand for advanced safety features, and growing OEM adoption of Level 3+ autonomy [1][8] - The company is well-positioned to serve the automotive ecosystem, providing scalable, software-driven LiDAR solutions for both ADAS and autonomous applications [2] - The electrification trend and commercial use cases are further driving LiDAR demand, with Ouster's software-enabled platform offering hardware sales and recurring revenues [3] - Ouster's integrated technology stack and platform strategy present a compelling investment opportunity despite competition, particularly from Chinese firms [4] Industry Dynamics - The shift towards enhanced safety and autonomy is making LiDAR a critical technology in the automotive sector [2] - The trend of electrification is encouraging EV makers to adopt LiDAR for safety and performance differentiation [3] Competitive Landscape - Aeva Technologies is emerging as a leader in the automotive LiDAR market, securing Tier 1 deals and offering advanced 4D FMCW technology [5] - Luminar Technologies is also a key player, partnering with major OEMs and providing long-range, high-resolution sensors [6] Financial Performance - OUST shares have gained 101.6% year to date, outperforming the industry [7] - Estimates for OUST's 2025 and 2026 earnings and revenues have increased over the past 60 days, indicating positive market sentiment [8][11] Valuation Metrics - OUST is currently trading at a price-to-sales multiple of 7.4, significantly higher than the industry average of 1.66, indicating an expensive valuation [10] Earnings Estimates - The Zacks Consensus Estimate for OUST's earnings per share for 2025 shows a slight upward movement, with year-over-year increases expected for revenues and earnings [11][12]
Hubbell: Benefiting From Data Center And Grid Upgrade; Initiate With 'Buy'
Seeking Alpha· 2025-07-09 16:44
Group 1 - The company Hubbell (NYSE: HUBB) provides utility and electrical solutions across the utility market, including smart meters, communications systems, electrical transmission, light industrial, and wireless communications [1] - The company is expected to benefit from megatrends such as electrification, grid upgrades, and data center expansions [1]
Richardson Electronics, Ltd. Strengthens Power Management Portfolio with Pakal Technologies Global Technology Partner Agreement
Globenewswire· 2025-07-09 14:30
Core Insights - Richardson Electronics has entered a global technology partner agreement with Pakal Technologies to supply advanced 650V and 1200V silicon-based power switches, enhancing efficiency for customers worldwide [1][3] - Pakal Technologies has introduced the IGTO(t) - a new high-voltage silicon power semiconductor, which offers up to 30% lower conduction losses compared to modern IGBTs, making it suitable for various applications including electric vehicles and renewable energy systems [2][8] - The partnership aims to leverage Richardson Electronics' global reach and experience in launching high-performance power products to bring Pakal's innovative technology to market [3] Company Overview - Richardson Electronics, Ltd. is a global manufacturer specializing in engineered solutions, green energy products, and power conversion components, with over 50% of its products manufactured in the U.S. and Germany [4] - The company has a strong focus on providing specialized technical expertise and engineered solutions across various markets, including alternative energy, healthcare, and industrial sectors [4][6] - Pakal Technologies is a pioneering power semiconductor company based in San Francisco, known for its proprietary IGTO(t) architecture that supports next-generation electrification in multiple sectors [8]
Valeo - Voting rights declaration - June 2025
Globenewswire· 2025-07-09 13:25
Company Overview - Valeo is a technology company that partners with automakers and new mobility players, focusing on innovations to enhance cleaner, safer, and smarter mobility [3] - The company has a strong technological and industrial leadership in four key areas: electrification, driving assistance systems, interior experience reinvention, and lighting, which are essential for the transformation of mobility [3] Financial Performance - Valeo reported sales of €21.5 billion in 2024 [4] - As of December 31, 2024, the company employed 106,100 people across 28 countries, operating 155 plants and 46 research and development centers, along with 18 distribution platforms [4] Share Capital Information - As of June 30, 2025, Valeo's issued capital was €244,633,504, with a par value of €1 per share [1] - The total number of shares was 244,633,504, resulting in 275,025,608 theoretical voting rights and 274,825,529 exercisable voting rights [1][2]
STMicroelectronics: A Deep Moat At A Bargain Price
Seeking Alpha· 2025-07-09 08:18
Core Insights - STMicroelectronics N.V. is recognized as a fundamentally sound and vertically integrated leader in the semiconductor industry, benefiting from long-term growth trends in electrification, industrial automation, and edge AI [1] Company Overview - The company has established a strong competitive advantage, which has resulted in returns significantly exceeding its cost of capital [1] Industry Position - STMicroelectronics is strategically positioned at the center of key growth areas, including electrification and industrial automation, which are expected to drive future demand for semiconductors [1]