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Toro Corp. Commences Self Tender Offer to Purchase up to 4,500,000 Shares
Globenewswire· 2025-07-10 13:00
Core Viewpoint - Toro Corp. is initiating a tender offer to repurchase up to 4,500,000 shares at a price of $2.75 per share, reflecting the company's strong cash position and current stock price [1]. Group 1: Tender Offer Details - The tender offer will expire on August 7, 2025, at 5:00 P.M. Eastern Time, unless extended or withdrawn [1]. - The Board of Directors believes that repurchasing shares is in the best interest of the company at this time [1]. - The tender offer is not conditioned upon any minimum number of shares being tendered [1]. Group 2: Administrative Information - Toro has appointed Broadridge Corporate Issuer Solutions LLC as the depositary and Georgeson LLC as the information agent for the tender offer [2]. - Shareholders will receive copies of the Offer to Purchase and related materials by mail, and additional copies can be obtained from the information agent [3]. Group 3: Company Overview - Toro Corp. operates a modern fleet of oceangoing vessels, including four LPG carriers and one MR tanker [5]. - The company is incorporated under the laws of the Republic of the Marshall Islands and trades on the Nasdaq Capital Market under the symbol "TORO" [6].
Invest in These 5 Low Price-to-Sales Stocks Before They Take Off
ZACKS· 2025-07-10 12:31
Core Insights - Investing in stocks based on valuation metrics, particularly the price-to-sales (P/S) ratio, can identify opportunities with strong upside potential, especially for unprofitable or early-stage companies [2][3][4] Valuation Metrics - The P/S ratio compares a company's market capitalization to its revenues, providing a clearer picture of value when earnings are minimal or volatile [3][6] - A P/S ratio below 1 indicates that investors are paying less than $1 for each $1 of revenue, marking a potential bargain [7][11] - The P/S ratio is preferred over the price-to-earnings (P/E) ratio as sales are harder to manipulate than earnings, making it a more reliable metric [8][9] Screening Parameters - Companies with low P/S ratios and strong fundamentals are highlighted as potential investment opportunities [11] - Additional screening parameters include P/E ratio, price-to-book ratio, and debt-to-equity ratio, ensuring a comprehensive evaluation of a stock's value [12] Company Highlights - **Hamilton Insurance Group, Ltd. (HG)**: Specializes in insurance and reinsurance, benefiting from strong execution and a clear growth roadmap, with gross premiums written rising significantly [13][14] - **The Greenbrier Companies, Inc. (GBX)**: A leading supplier in freight transportation markets, with a strong product lineup and revenue visibility, currently holding a Value Score of A and Zacks Rank 1 [15][16] - **Signet Jewelers (SIG)**: A major retailer of diamond jewelry, demonstrating strength in key segments and improving operational efficiency through strategic restructuring [17][18] - **Cognizant Technology Solutions (CTSH)**: A professional services company experiencing robust organic growth, particularly in Health Sciences and Financial Services, bolstered by acquisitions and AI initiatives [19][20] - **PagSeguro Digital (PAGS)**: Offers a suite of financial solutions in Brazil, focusing on innovation and sustainable growth, currently holding a Value Score of A and Zacks Rank 2 [21][22]
Toro Corp. Announces the Sale of the LPG Carrier Dream Syrax
Globenewswire· 2025-07-10 12:30
LIMASSOL, Cyprus, July 10, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announces that it has entered into an agreement with a wholly owned subsidiary of Robin Energy Ltd. (“Robin”), a Nasdaq-listed entity controlled by our Chairman and Chief Executive Officer, for the sale of the Dream Syrax a 2015-built 5,000 cbm LPG Carrier vessel for a sale price of $18 million. The terms of the transaction were approved by the independe ...
Howmet Aerospace to Host Webcast and Announce Second Quarter 2025 Results
Prnewswire· 2025-07-10 12:00
PITTSBURGH, July 10, 2025 /PRNewswire/ -- Howmet Aerospace Inc. (NYSE: HWM) will announce its second quarter 2025 financial results on Thursday, July 31, 2025. The press release and presentation materials will be available at approximately 7:00 AM ET on July 31, 2025, via the "Investors" section of the Howmet Aerospace website.The conference call and webcast will begin at 11:00 AM ET.Conference Call Information: Day: Thursday, July 31, 2025 Time: 11:00 AM ET H ...
Freightcar America (RAIL) Moves 18.6% Higher: Will This Strength Last?
ZACKS· 2025-07-10 10:16
Company Performance - Freightcar America (RAIL) shares increased by 18.6% in the last trading session, closing at $11.66, with a notable trading volume compared to typical sessions [1] - Year-to-date, the company's shares have gained 31%, driven by strong demand for railcars and cost-reduction efforts, including relocating production to a lower-cost region [2] - The consensus EPS estimate for the upcoming quarterly report is $0.06 per share, reflecting a year-over-year increase of 20%, while revenues are expected to be $109.09 million, down 26% from the previous year [3] Earnings Estimates and Trends - The consensus EPS estimate for Freightcar America has been revised 2.8% higher in the last 30 days, indicating a positive trend that typically correlates with price appreciation [4] - Empirical research suggests that trends in earnings estimate revisions are strongly correlated with near-term stock price movements, highlighting the importance of monitoring RAIL's performance [3][4] Industry Context - Freightcar America operates within the Zacks Transportation - Equipment and Leasing industry, which includes other companies like Air Lease (AL) [5] - Air Lease's consensus EPS estimate has remained unchanged at $1.33, representing an 8.1% increase from the previous year, and it also holds a Zacks Rank of 3 (Hold) [6]
Buy JBHT Stock Ahead of Its Upcoming Earnings?
Forbes· 2025-07-10 09:35
Group 1 - JB Hunt Transport Services (NASDAQ:JBHT) is scheduled to release its earnings report on July 15, 2025, with analysts projecting earnings of $1.32 per share and sales of $2.93 billion, matching the previous year's performance for the same quarter [2][5] - Historically, JBHT has experienced a favorable one-day stock return after earnings announcements in 55% of cases over the last five years, with a median positive return of 1.4% and a peak one-day gain of 8.7% [2][5] - The company currently has a market capitalization of $15 billion, generating $12 billion in revenue over the past twelve months, with an operating income of $816 million and a net profit of $561 million [2] Group 2 - The analysis of post-earnings returns shows that positive one-day returns occurred approximately 55% of the time over the past five years, but this percentage declines to 42% when considering the last three years [5] - The median of the 11 positive returns is 1.4%, while the median of the 9 negative returns is -6.9% [5] - A lower-risk strategy involves understanding the correlation between short-term and medium-term returns post-earnings, allowing traders to position themselves accordingly based on historical data [6]
Verra Mobility(VRRM) - 2019 Q4 - Earnings Call Presentation
2025-07-10 08:41
Company Overview - Verra Mobility is a global leader in smart transportation, providing technology solutions to solve complex transportation challenges[9] - The company operates in two business segments: Commercial Services and Government Solutions[13] - The Commercial Services segment provides tolling and violations management, and title and registration services[15] - The Government Solutions segment provides hardware, software, installation, maintenance, and support for traffic violation enforcement[19] Financial Performance - In 2019, Verra Mobility's Pro Forma Revenue reached $449 million[31] - The company's Total Adjusted EBITDA in 2019 was $241 million[31, 50] - Verra Mobility has a highly reoccurring revenue stream, accounting for 93% of total revenue[31] - The company's service revenue for Commercial Services was $276 million, and for Government Solutions was $140 million[21, 24] Growth Strategy - Verra Mobility aims for future growth by benefiting from strong industry tailwinds, expanding its mobility platform, pursuing accretive acquisitions, and expanding globally[33]
United Airlines (UAL) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-07-09 23:16
Company Performance - United Airlines closed at $80.18, reflecting a -1.27% change from the previous day, underperforming the S&P 500's gain of 0.61% [1] - Over the last month, United Airlines shares decreased by 2.39%, while the Transportation sector gained 2.95% and the S&P 500 gained 3.85% [1] Upcoming Earnings Report - The company is set to release its earnings on July 16, 2025, with an anticipated EPS of $3.88, representing a 6.28% decline compared to the same quarter last year [2] - The consensus estimate for revenue is $15.31 billion, which is a 2.17% increase from the prior-year quarter [2] Annual Forecast - Zacks Consensus Estimates predict earnings of $10.15 per share and revenue of $58.71 billion for the year, indicating changes of -4.34% and +2.89% respectively compared to the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for United Airlines are crucial as they reflect changing near-term business trends, with positive revisions indicating a favorable business outlook [4] - Changes in estimates are directly related to upcoming stock price performance, and investors can utilize the Zacks Rank for actionable insights [5] Zacks Rank and Valuation - United Airlines currently holds a Zacks Rank of 3 (Hold), with the EPS estimate moving 1.62% lower over the last 30 days [6] - The company has a Forward P/E ratio of 8, which is below the industry average of 10.02 [7] PEG Ratio - United Airlines has a PEG ratio of 1.35, compared to the Transportation - Airline industry's average PEG ratio of 0.88 [8] Industry Context - The Transportation - Airline industry is ranked 150 in the Zacks Industry Rank, placing it in the bottom 40% of over 250 industries [9] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]
Navios Maritime Partners LP (NMM) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-07-09 23:01
Company Performance - Navios Maritime Partners LP closed at $37.60, down 2.67% from the previous trading session, underperforming the S&P 500's gain of 0.61% [1] - The company is expected to report an EPS of $1.86, reflecting a decline of 39.22% year-over-year, while revenue is forecasted at $309.58 million, indicating a growth of 2.47% compared to the same quarter last year [2] - For the full year, analysts expect earnings of $10.87 per share and revenue of $1.31 billion, representing changes of -2.42% and +6.79% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Navios Maritime Partners LP are being monitored, as upward revisions indicate positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which reflects these estimate changes, currently rates Navios Maritime Partners LP as 3 (Hold), with the consensus EPS projection remaining stagnant over the past 30 days [6] Valuation Metrics - Navios Maritime Partners LP is trading at a Forward P/E ratio of 3.55, which is significantly lower than the industry average Forward P/E of 8.99 [7] - The Transportation - Shipping industry, to which the company belongs, has a Zacks Industry Rank of 24, placing it in the top 10% of over 250 industries [7][8]
Costamare (CMRE) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-07-09 22:51
Core Viewpoint - Costamare's stock performance has shown mixed results recently, with a notable decline on the latest trading day while still outperforming the Transportation sector and S&P 500 over the past month [1][2]. Financial Performance - The upcoming earnings report for Costamare is projected to show an EPS of $0.67, reflecting a 12.99% decrease compared to the same quarter last year [2]. - For the full year, Zacks Consensus Estimates forecast earnings of $2.82 per share and revenue of $0 million, indicating changes of +2.17% and 0% respectively from the previous year [2]. Analyst Estimates - Recent changes to analyst estimates for Costamare are crucial for investors, as positive revisions indicate optimism regarding the company's business and profitability [3]. - The Zacks Rank system, which incorporates these estimate changes, currently assigns Costamare a rank of 3 (Hold), with no changes in the EPS estimate over the last 30 days [5]. Valuation Metrics - Costamare's Forward P/E ratio stands at 3.33, which is significantly lower than the industry average Forward P/E of 8.99, suggesting a valuation discount [6]. - The Transportation - Shipping industry, to which Costamare belongs, holds a Zacks Industry Rank of 24, placing it in the top 10% of over 250 industries [6][7].