Free Cash Flow Conversion

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WTW Rises 24.7% in a Year but Lags Industry: How to Play the Stock
ZACKS· 2025-05-28 14:16
Shares of Willis Towers Watson Public Limited Company (WTW) have gained 24.7% in the past year, outperforming the Finance sector and the Zacks S&P 500 composite’s growth of 17.4% and 9.3%, respectively. Shares of WTW have underperformed the industry’s growth of 26.5% in the same time frame.The insurer has a market capitalization of $30.99 billion. The average volume of shares traded in the last three months was 0.6 million.WTW shares are trading below the 200-day moving average, indicating a bullish trend.W ...
KNSL Trading at a Premium to Industry: How Should You Play the Stock?
ZACKS· 2025-05-15 13:56
Kinsale Capital Group, Inc. (KNSL) shares are trading at a premium to the Zacks Property and Casualty Insurance industry. Its price-to-book value of 6.47X is higher than the industry average of 1.52X and the Finance sector’s 4.11X.Shares of The Travelers Companies, Inc. (TRV) and Cincinnati Financial Corporation (CINF) are also trading at a multiple higher than the industry average, while NMI Holdings Inc. (NMIH) shares are trading at a discount.Image Source: Zacks Investment ResearchKinsale Capital shares ...
Fidelity National Information Services (FIS) FY Conference Transcript
2025-05-14 15:40
Fidelity National Information Services (FIS) FY Conference May 14, 2025 10:40 AM ET Speaker0 Alright. Thanks everyone. My name is Tien Tsin Huang. Payments and IT services analyst here at JPMorgan. So this is the FIS session, which with us from FIS, have James Kehoe, the CFO. Always enjoy talking to James. He brings a wealth of experience, and I know he was a CFO at at Walgreens Boots Alliance back in the day, and I've heard a lot of good stories from from James. And I think excited to be working with him n ...
Concentra Group Holdings Parent, Inc.(CON) - 2025 Q1 - Earnings Call Presentation
2025-05-08 11:01
©2025 Concentra Inc. All rights reserved. Disclaimer Forward-Looking Statements This presentation contains forward-looking statements that express the Company's current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results that include, but are not limited to, financial guidance and other projections and forecasts. Forward looking statements include statements that are not historical facts and can be identified by terms such as "anticipate," ...
NV5(NVEE) - 2025 Q1 - Earnings Call Transcript
2025-05-01 21:32
NV5 Global (NVEE) Q1 2025 Earnings Call May 01, 2025 04:30 PM ET Company Participants Richard Tong - Director, EVP & General CounselDickerson Wright - Executive ChairmanBen Heraud - CEOEdward Codispoti - CFOAlexander Hockman - President & CEO - InfrastructureAndrew Chang - COO - Buildings & TechnologyKurt Allen - President of GeospatialSam Kusswurm - Equity Research Associate Conference Call Participants Chris Moore - Senior AnalystRob Brown - Founding Partner & Senior Research AnalystAndrew Wittmann - Seni ...
NV5(NVEE) - 2025 Q1 - Earnings Call Transcript
2025-05-01 21:32
NV5 Global (NVEE) Q1 2025 Earnings Call May 01, 2025 04:30 PM ET Company Participants Richard Tong - Director, EVP & General CounselDickerson Wright - Executive ChairmanBen Heraud - CEOEdward Codispoti - CFOAlexander Hockman - President & CEO - InfrastructureAndrew Chang - COO - Buildings & TechnologyKurt Allen - President of GeospatialSam Kusswurm - Equity Research Associate Conference Call Participants Chris Moore - Senior AnalystRob Brown - Founding Partner & Senior Research AnalystAndrew Wittmann - Seni ...
NV5(NVEE) - 2025 Q1 - Earnings Call Transcript
2025-05-01 20:30
NV5 Global (NVEE) Q1 2025 Earnings Call May 01, 2025 04:30 PM ET Speaker0 Good afternoon, everyone, and thank you for participating in today's conference call to discuss NV5's financial results for the first quarter twenty twenty five ended 03/29/2025. Joining us today are Dickerson Wright, Executive Chairman of NV5 Ben Hurad, CEO of NV5 Edward Codispoti, CFO of NV5 and Richard Tong, Executive Vice President and General Counsel at NV5. I would now like to turn the call over to Richard Tong. Speaker1 Thank y ...
Reinsurance Group Trades at a Discount: How to Play the Stock
ZACKS· 2025-04-02 13:55
Reinsurance Group of America, Incorporated (RGA) shares are trading at a discount to the Zacks Life Insurance industry. Its forward price-to-book value of 1.2X is lower than the industry average of 1.83X, the Finance sector’s 4.05X and the Zacks S&P 500 Composite’s 7.89X. The life insurer has a Value Score of A.The insurer has a market capitalization of $13.09 billion. The average volume of shares traded in the last three months was 0.5 million. Shares of Sun Life Financial Inc. (SLF) and Primerica, Inc. (P ...
Emerald Holding(EEX) - 2024 Q4 - Earnings Call Transcript
2025-03-14 21:01
Financial Data and Key Metrics Changes - Revenue for Q4 2024 was $106.8 million, up from $101.5 million in the prior year quarter, driven by organic revenue growth of $6.1 million or 6.5% [28][29] - Full-year revenue totaled $398.8 million, an increase of 4.2% versus the prior year, with organic revenue growth of $21.3 million or 5.9% [30] - Adjusted EBITDA for Q4 was $32.6 million compared to $35.8 million in the prior year quarter, while full-year adjusted EBITDA was $100.2 million, up from $95 million in the prior year [32][33] Business Line Data and Key Metrics Changes - The company launched an aggressive portfolio optimization effort in 2024, pruning unprofitable events and establishing a more nimble portfolio for growth [6][22] - The acquisitions of This is Beyond and Insurtech Insights are expected to contribute approximately $40 million in revenue and $15 million in adjusted EBITDA in 2025 [19][39] Market Data and Key Metrics Changes - The luxury travel market is highlighted as a key growth area, with 85% of luxury travelers considering travel advisors crucial for securing personalized experiences [12] - The insurance technology industry is projected to grow at a CAGR of 5% to 6% globally through 2030, providing a strong growth characteristic for Insurtech Insights [17][18] Company Strategy and Development Direction - The company’s strategy focuses on three pillars: value creation, customer centricity, and portfolio optimization, with an emphasis on high-growth industries [21][22] - The company is open to pursuing strategic opportunities for future acquisitions and new launches, aiming to enhance its portfolio mix towards high-growth sectors [22][40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of the portfolio and the resilience of the team, expecting significant pull-through to the bottom line as organic growth accelerates [8][26] - The company anticipates revenue for 2025 to be in the range of $450 million to $460 million, with adjusted EBITDA expected to increase to $120 million to $125 million [26][48] Other Important Information - The company completed a refinancing of its debt on January 30, enhancing financial flexibility and reducing financing costs by 125 basis points [20][44] - A quarterly dividend of $0.15 per share was declared, reflecting a dividend yield of 1.6% based on the closing price [47] Q&A Session Summary Question: How are the acquisitions being funded? - The acquisitions are funded with cash on hand, with deferred components based on performance through 2027 [56] Question: What is the expected annualized revenue and EBITDA from the acquisitions? - The expected annualized impact of the acquisitions is built into the guidance, with a moderate shift in seasonality anticipated [59][62] Question: Are the EBITDA figures provided pre or post-synergies? - The EBITDA figures are pre-synergies, with potential synergies expected to materialize in 2026 and beyond [73] Question: How should free cash flow conversion be viewed this year? - The company expects free cash flow of $50 million plus, indicating a positive step forward in conversion from EBITDA to free cash flow [81] Question: Will there be ongoing evaluation of underperforming trade shows? - The company will continuously assess the performance of its portfolio and take action on underperforming elements as necessary [102]