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InMode Response Letter to DOMA by Moshe Mizrahy, CEO, Dated May 28, 2025
Prnewswire· 2025-05-28 12:30
Mr. Pedro Escudero CEO and CIO DOMA, Perpetual Capital Management LLC Dear Mr. Escudero, This letter is in response to your letter dated May 9, 2025. YOKNEAM, Israel, May 28, 2025 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD) ("InMode"), a leading global provider of innovative medical technologies, today sent a letter to DOMA Perpetual Capital Management LLC ("DOMA") CEO and CIO Pedro Escudero in response to issues presented in his public letter dated May 9, 2025. The letter can be viewed here The full text of ...
3 Reasons Wix Could Rally 50% Into the Summer
MarketBeat· 2025-05-28 11:23
Core Viewpoint - Wix.com Ltd experienced a significant stock pullback of 16% following an earnings report that missed expectations on earnings but exceeded revenue forecasts, leading to a weaker-than-expected guidance for the upcoming quarter [1][2]. Group 1: Earnings and Guidance - The stock started trading just above $150 but fell after the earnings report, despite a revenue beat [1]. - Analysts noted that the softer Q2 guidance is likely more about conservatism than actual deterioration in business fundamentals [4]. - First-quarter revenue growth was reported at 13%, surpassing guidance by 60 basis points, with notable growth in the Partners segment at 24% year-over-year [3]. Group 2: Analyst Sentiment and Price Targets - Analysts are maintaining or becoming more bullish on Wix, with firms like RBC Capital Markets and Cantor Fitzgerald reiterating Buy or Outperform ratings [2]. - JMP Securities set a target price of $250, indicating a potential upside of approximately 65% from current levels [3]. - The average 12-month stock price forecast is $226.16, suggesting a 48.63% upside from the current price of $152.16 [7]. Group 3: Business Momentum and Buyback Program - The recent pullback is viewed as an attractive entry point for investors, with the company reaffirming its full-year 2025 guidance for bookings growth between 11% and 13% [5]. - New user cohort bookings increased by 12% year-over-year, attributed to a rise in users and improved product fundamentals [6]. - Wix announced an expansion of its share buyback program, signaling management's belief that the stock is undervalued [8][9]. Group 4: Future Outlook - Despite the recent earnings miss, Wix continues to show strong execution with growing revenue, accelerating bookings, and improving user engagement [11]. - The upcoming summer season and returning investor interest in high-quality tech stocks may provide a favorable environment for Wix to recover and potentially reach analyst-targeted price ranges of $230 to $250 [12].
Credit Agricole Sa: 2025 CAPITAL INCREASE RESERVED FOR EMPLOYEES OF THE CRÉDIT AGRICOLE GROUP
Globenewswire· 2025-05-28 06:00
Core Points - Crédit Agricole S.A. is launching its annual capital increase reserved for employees globally [1] - The capital increase will allow 190,000 eligible employees and retired former employees to subscribe to new shares at a discounted price [2] - The subscription price will be set at the arithmetic mean of opening share prices from May 26 to June 20, 2025, with a 20% discount [2] - The subscription period is from June 24 to July 8, 2025 [2] - New shares will be issued on August 28, 2025, and will be eligible for dividends for the 2025 financial year [3] - A maximum of 32 million shares will be issued, with a par value of €96 million [3] - Following the capital increase, a share buyback operation will be conducted to mitigate dilution, pending ECB approval [3] - This initiative is part of the Group's employee profit-sharing policy related to financial performance [3]
RCP Fund XIX Closes on $314 Million
Globenewswire· 2025-05-27 17:45
CHICAGO, May 27, 2025 (GLOBE NEWSWIRE) -- RCP Advisors, a private equity investment firm that provides access to North American small buyout fund managers through primary funds, secondary funds, and co-investment funds, as well as customized solutions and research services, announced the final close of its latest primary fund-of-funds, RCP Fund XIX, LP (“Fund XIX” or the “Fund”). The Fund closed on approximately $314 million in capital commitments. The Fund has a broad LP base of new and existing investors, ...
Dick's Sporting Goods Q1 Preview: All Eyes On Foot Locker Deal, Tariff Impact
Benzinga· 2025-05-27 17:11
Retailer DICK's Sporting Goods DKS could provide more details of its planned acquisition of Foot Locker, Inc. FL when the company reports first-quarter financial results before market open Wednesday.Here are the analyst estimates, what analysts are saying after the acquisition was announced and key items to watch.Earning Estimates: Analysts expect Dick's Sporting Goods to report first-quarter revenue of $3.59 billion, up from $3.02 billion in last year's first quarter, according to data from Benzinga Pro.Th ...
Buyout Strategy & Strong Liquidity Aid IPG Despite Seasonality Impacts
ZACKS· 2025-05-27 16:05
Group 1: Company Strategy and Performance - Interpublic Group (IPG) is focusing on acquisitions to enhance its product portfolio and adapt to the evolving marketing services landscape [3] - The company reported adjusted earnings of 33 cents per share for Q1 2025, exceeding the Zacks Consensus Estimate by 10%, but showing an 8.3% decline year-over-year [2] - Net revenues for IPG were $2 billion in Q1 2025, slightly missing consensus estimates and declining 20% year-over-year [2] Group 2: Financial Health and Dividends - IPG's dividend payment strategy is attractive to income-seeking investors, with payouts of $457.3 million in 2022, $479.1 million in 2023, and $496.5 million in 2024, indicating a commitment to shareholder value [4] - The company's current ratio at the end of Q1 2025 was 1.07, slightly above the industry average, reflecting an improving liquidity position [5] Group 3: Client Concentration and Seasonality - IPG's top 10 clients contributed nearly 20% of net revenues in 2022, 2023, and 2024, indicating a high reliance on large clients for revenue [7] - The company's cash position is influenced by seasonality, particularly in the first quarter, due to fluctuating annual media spending budgets from clients [8]
Century Communities Announces New Homes Now Selling in San Antonio
Prnewswire· 2025-05-27 15:59
Grand opening ceremonies will take place on Thursday, June 5 from 11 a.m. to 2 p.m.—featuring model home tours and light refreshments—with a ribbon cutting scheduled for 11:30 a.m. with the San Antonio Chamber of Commerce. "We're excited to celebrate the grand opening of Rosemont Hill and invite homebuyers to experience everything this new community has to offer," said Eric Runge, San Antonio Division President. "With affordable pricing, stylish home designs, and a convenient location, Rosemont Hill is a fa ...
Cloudflare Stock: Strong Key Metrics Driving The Rise In Share Price
Seeking Alpha· 2025-05-27 14:28
Group 1 - Cloudflare (NYSE: NET) is recognized as a leading cloud stock with strong revenue growth and improving key metrics [1] - The company secured its largest contract for the Workers developer platform in Q1 2025, marking a significant milestone [1] Group 2 - Royston Roche, with over a decade of experience in capital markets, has a background working with major financial institutions and investment firms [1] - Roche is known for his fundamental analysis expertise and employs a buy-and-hold investment strategy [1]
Carvana Stock Soars 26% in a Month: Is the Momentum Real or Just Hype?
ZACKS· 2025-05-27 14:05
Core Viewpoint - Carvana is experiencing significant stock market momentum, driven by favorable used auto market conditions and improved unit economics due to cost containment measures [1][5]. Stock Performance - Carvana's stock surged by 280% last year and is up 50% year-to-date, with a 26% increase in the past month, outperforming peers like Sonic Automotive and Lithia Motors, which saw increases of 10% and 7% respectively [2][4]. Financial Results - Carvana reported impressive first-quarter 2025 results, with the stock trading well above its 50-day and 200-day moving averages, and a Momentum Score of A indicating a strong upward trend [5][19]. Business Turnaround - The company has successfully pivoted from near-bankruptcy through disciplined leadership, aggressive cost-cutting, and critical debt restructuring, allowing it to focus on operational improvements [8][10]. Operational Improvements - Carvana has enhanced its reconditioning process, reduced transport costs, and expanded its wholesale segment, leading to improved efficiency and demand generation at lower costs [11]. Profitability Metrics - The gross profit per unit increased by 8% in the last reported quarter, with a record adjusted EBITDA of $488 million, more than double from the previous year, and an adjusted EBITDA margin of 11.5%, significantly higher than competitors [12][19]. Market Position and Growth Potential - As the second-largest used car retailer in the U.S., Carvana holds only about 1% of the total market, indicating substantial growth opportunities in a fragmented industry [15]. Demand Trends - Retail unit sales surged nearly 46% in the last reported quarter, with expectations for continued momentum throughout 2025 [15]. Trade Environment - Carvana's business model may benefit from rising new car prices, as the CEO believes the value-focused used-car model will attract more customers [16]. Unique Business Model - Carvana's distinctive car vending machine experience enhances customer engagement, complemented by a seven-day return policy that mitigates the lack of traditional test drives [17]. Earnings Estimates - The Zacks Consensus Estimate predicts earnings growth of 192% in 2025 and 32.7% in 2026, with rising analyst estimates reflecting growing confidence in the stock [18].
ASM share buyback update May 19 – 23, 2025
Globenewswire· 2025-05-26 15:45
Group 1 - ASM International N.V. has conducted share repurchases totaling 23,754 shares at an average price of €475.52, amounting to a total repurchased value of €11,295,546 [1][2] - The share buyback program, which commenced on April 30, 2025, has a total budget of €150 million, with 18.2% of the program completed to date [2] - ASM International specializes in designing and manufacturing equipment and process solutions for semiconductor device production, with operations in the United States, Europe, and Asia [2]