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The Cigna Group Announces Appearance at the Morgan Stanley 23rd Annual Global Healthcare Conference
Prnewswire· 2025-09-10 10:00
Accessibility StatementSkip Navigation BLOOMFIELD, Conn., Sept. 10, 2025 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) announced that Brian Evanko, President and COO of The Cigna Group, and Ann Dennison, EVP and CFO of the Cigna Group will present at the Morgan Stanley 23 Annual Global Healthcare Conference today, September 10, 2025, in New York, NY. The Cigna Group's presentation is expected to begin at approximately 8:30 a.m. ET. A live webcast of the presentation will be available at h ...
rYojbaba Co., Ltd. Announces Closing of $5 Million Initial Public Offering of Japanese Common Shares
Globenewswire· 2025-08-15 21:25
Core Viewpoint - rYojbaba Co., Ltd. successfully closed its initial public offering (IPO) of 1,250,000 Japanese common shares at a price of US$4.00 per share, raising total gross proceeds of US$5 million before expenses [1][3]. Group 1: IPO Details - The shares began trading on the Nasdaq Capital Market under the ticker symbol "RYOJ" on August 14, 2025 [1]. - The underwriters have a 45-day option to purchase an additional 187,500 common shares to cover over-allotments [2]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily be used for working capital and general corporate purposes, including the development of an IT platform for labor consulting services, hiring additional consultants, and expanding the consulting business internationally [3]. Group 3: Company Overview - rYojbaba operates in labor consulting and health services, providing strategic consulting for Japanese companies and labor unions to address labor culture issues [7]. - The company also runs 28 osteopathic clinics and 2 beauty salons in Japan, focusing on judo theory, a form of osteopathic medicine [7].
Compared to Estimates, Sotera Health (SHC) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-08-08 18:00
Core Insights - Sotera Health Company (SHC) reported revenue of $294.34 million for the quarter ended June 2025, reflecting a year-over-year increase of 6.4% [1] - The earnings per share (EPS) for the quarter was $0.20, up from $0.19 in the same quarter last year, exceeding the consensus EPS estimate of $0.17 by 17.65% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $276.08 million, resulting in a surprise of 6.61% [1] Financial Performance Metrics - Sotera Health's segment revenues included Sterigenics at $194.84 million, exceeding the average estimate of $184.48 million by 10.5% year-over-year [4] - Nelson Labs reported revenues of $57.07 million, slightly above the average estimate of $56.73 million, but down 3.3% year-over-year [4] - Nordion's revenues were $42.43 million, surpassing the average estimate of $34.95 million with a year-over-year increase of 2.9% [4] Segment Income Analysis - Segment income for Sterigenics was reported at $107.75 million, exceeding the average estimate of $100.36 million [4] - Nelson Labs achieved segment income of $19.51 million, above the estimated $17.53 million [4] - Nordion's segment income was $23.48 million, significantly higher than the average estimate of $18.62 million [4] Stock Performance - Shares of Sotera Health have declined by 5.6% over the past month, contrasting with the Zacks S&P 500 composite's increase of 1.9% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
All You Need to Know About Maximus (MMS) Rating Upgrade to Strong Buy
ZACKS· 2025-07-22 17:01
Core Viewpoint - Maximus (MMS) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, driven by institutional investors adjusting their valuations based on these estimates [4][6]. - Rising earnings estimates for Maximus suggest an improvement in the company's underlying business, which could lead to higher stock prices as investors respond positively [5][10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions, positioning Maximus favorably for potential market-beating returns [9][10]. Recent Earnings Estimate Revisions - For the fiscal year ending September 2025, Maximus is expected to earn $6.49 per share, with a 6.7% increase in the Zacks Consensus Estimate over the past three months [8].
Down 10.4% in 4 Weeks, Here's Why You Should You Buy the Dip in BrightSpring Health Services, Inc. (BTSG)
ZACKS· 2025-07-17 14:35
Core Viewpoint - BrightSpring Health Services, Inc. (BTSG) has faced significant selling pressure, resulting in a 10.4% decline in stock price over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) for BTSG is currently at 23.81, indicating that the stock may be oversold and could experience a price rebound as selling pressure exhausts [5] - RSI is a momentum oscillator that helps identify whether a stock is overbought or oversold, with readings below 30 typically indicating an oversold condition [2][3] Group 2: Fundamental Indicators - There has been a strong consensus among sell-side analysts to raise earnings estimates for BTSG, leading to a 3.2% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7] - BTSG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, suggesting a potential turnaround [8]
UnitedHealth: Cheap, But Is It Worth It?
Seeking Alpha· 2025-07-02 06:31
Company Overview - UnitedHealth Group (NYSE: UNH) is a large, multinational health care and well-being company with two primary divisions: UnitedHealthcare and Optum [1] - UnitedHealthcare focuses on health insurance plans, while Optum manages various health services, including medical research, pharmacy care, and technology development in healthcare [1] Analyst Background - LW Research is run by a qualified accountant with experience in financial services, including private equity, hedge funds, asset management, and venture capital [1] - The analyst has developed expertise in analyzing financials, assessing risks, and identifying opportunities across a wide range of companies [1]
5 Broker-Favored Stocks to Watch Amid Cooling Inflation
ZACKS· 2025-06-13 16:21
Economic Overview - Inflation is showing signs of cooling, with U.S. consumer prices increasing less than expected in May, primarily due to cheaper gasoline offsetting higher rents. This marks the fourth consecutive month of lower-than-expected core inflation rises. Consumer confidence rebounded in May, indicating increased faith in the economy's prospects [1][8]. Stock Recommendations - Broker-favorite stocks include BrightSpring Health Services (BTSG), Allegiant Travel (ALGT), CVR Energy (CVI), Alta Equipment Group (ALTG), and Cracker Barrel Old Country Store (CBRL) amid improving economic conditions [2][8]. - A screening strategy was designed to shortlist stocks based on improving broker recommendations and upward revisions in earnings estimates over the past four weeks, incorporating price/sales ratio as a valuation metric [3][4]. Company Insights - **BrightSpring Health Services (BTSG)**: Provides integrated health solutions for complex populations, with a projected earnings growth rate of 96.4% for 2025 and a sales increase of 9.1% from 2024 [6][7]. - **Allegiant Travel (ALGT)**: Benefiting from strong air travel demand, with a fleet upgrade plan aiming for 122 aircraft by the end of 2025. The company has surpassed earnings estimates in three of the last four quarters, with an average beat of 32.7% [7][9]. - **CVR Energy (CVI)**: Engaged in renewable energy and petroleum refining, with a focus on developing renewable biofuels. The company has beaten earnings estimates in three of the last four quarters [9][10]. - **Alta Equipment Group (ALTG)**: A leading provider of material handling and construction equipment, with an expected earnings growth rate of 27.6% for the current year and a 10% upward revision in earnings estimates for the June quarter [10][11]. - **Cracker Barrel Old Country Store (CBRL)**: Focused on menu innovation and pricing strategies to drive growth, with an average earnings beat of 68.5% over the last four quarters and a 7.4% share price increase over the past six months [11][12].
Evernorth Launches New Benefit Option That Drives Lower Net Cost for Weight Loss Medicines and Limits Patient Cost to No More Than $200 Per Month
Prnewswire· 2025-05-21 20:30
Patients can save as much as $3600 per year versus direct-to-consumer manufacturer programs, and out of pocket cost applies to their annual deductible New offering helps employers meet growing demand for FDA-approved weight loss medications at a lower net cost per prescription while ensuring clinical safety for patientsST LOUIS, May 21, 2025  /PRNewswire/ -- Evernorth, the health services division of The Cigna Group (NYSE: CI) announced a first-of-its-kind pharmacy benefit offering that make weight loss me ...
Optima Health to acquire Care first
Globenewswire· 2025-05-06 11:00
Core Viewpoint - Optima Health has announced the acquisition of Care first, a mental health services provider, for a net consideration of £15,000, which will enhance its scale and customer base in the mental health sector [1][5][6]. Group 1: Acquisition Details - The acquisition involves a cash payment of £350,000 on a cash-free, debt-free basis, with an adjustment leading to a net consideration of £15,000 [5]. - Care first generated unaudited revenue of £4.4 million in the 12 months leading to December 2024, which will add approximately £3.7 million in revenue to Optima Health [5][6]. Group 2: Strategic Alignment - The acquisition aligns with Optima Health's strategy to consolidate margin-accretive businesses in the occupational health sector, creating additional growth opportunities and scale benefits [3][4][6]. - The deal will expand Optima's customer base by adding over 1,000 new customers and approximately 40 experienced employees, enhancing cross-selling opportunities for other occupational health solutions [2][6]. Group 3: Leadership Perspective - The CEO of Optima Health emphasized that the acquisition demonstrates the company's ability to execute its strategy in a familiar market, creating opportunities for scale and revenue growth [4].
Sotera Health (SHC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-01 14:35
Core Insights - Sotera Health Company (SHC) reported revenue of $254.52 million for Q1 2025, marking a year-over-year increase of 2.6% and exceeding the Zacks Consensus Estimate by 3.63% [1] - The earnings per share (EPS) for the same quarter was $0.14, up from $0.13 a year ago, representing a surprise of 16.67% over the consensus estimate of $0.12 [1] Revenue Performance - Sterigenics generated net revenues of $169.68 million, slightly below the average estimate of $169.72 million, reflecting a year-over-year increase of 1.9% [4] - Nelson Labs reported net revenues of $52.28 million, exceeding the average estimate of $51.17 million, but showing a year-over-year decline of 9.4% [4] - Nordion achieved net revenues of $32.56 million, significantly surpassing the average estimate of $22.93 million, with a year-over-year increase of 35.6% [4] Segment Income - Sterigenics reported segment income of $88 million, slightly above the average estimate of $87.92 million [4] - Nelson Labs had segment income of $16.41 million, exceeding the average estimate of $14.20 million [4] - Nordion's segment income was $17.42 million, compared to the average estimate of $10.41 million [4] Stock Performance - Shares of Sotera Health have remained unchanged over the past month, while the Zacks S&P 500 composite experienced a decline of 0.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]