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Blue Owl Capital: Valuation Is Catching Up To Performance For This 10.4%-Yielder
Seeking Alpha· 2025-06-06 19:14
Company Overview - Blue Owl Capital Corporation (NYSE: OBDC) is a Business Development Company (BDC) [1] Financial Performance - In Q1, Blue Owl Capital delivered a total NAV return of 2%, which is in line with the median return in the coverage [1]
ABM Industries (ABM) Q2 Earnings Lag Estimates
ZACKS· 2025-06-06 13:10
Core Insights - ABM Industries reported quarterly earnings of $0.86 per share, missing the Zacks Consensus Estimate of $0.87 per share, and down from $0.87 per share a year ago [1] - The company posted revenues of $2.11 billion for the quarter, exceeding the Zacks Consensus Estimate by 2.24% and up from $2.02 billion year-over-year [3] Earnings Performance - The earnings surprise for the quarter was -1.15%, while the previous quarter saw an earnings surprise of 11.54% [2] - Over the last four quarters, ABM Industries has surpassed consensus EPS estimates three times [2] Revenue Performance - ABM Industries has topped consensus revenue estimates four times over the last four quarters [3] Stock Performance - Since the beginning of the year, ABM Industries shares have increased by about 0.2%, compared to a 1% gain in the S&P 500 [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.97 on revenues of $2.16 billion, and for the current fiscal year, it is $3.76 on revenues of $8.58 billion [8] - The estimate revisions trend for ABM Industries is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [7] Industry Context - The Business - Services industry, to which ABM Industries belongs, is currently in the top 15% of over 250 Zacks industries, suggesting a positive outlook for stocks in this sector [9]
Barings BDC: Rising Concerns, But Dividend Should Remain Safe Near-Term (Downgrade)
Seeking Alpha· 2025-06-06 11:03
Group 1 - Business Development Companies (BDCs) are essential for income-focused investors, benefiting from prolonged higher interest rates since 2022 [1] - Many BDCs have provided substantial returns to shareholders due to favorable market conditions [1] Group 2 - The article emphasizes the importance of conducting personal due diligence for investors [2] - The author aims to assist lower and middle-class workers in building high-quality, dividend-paying investment portfolios [2]
Logan Ridge Announces Change of Date to the Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote “FOR” the Merger Proposal
Globenewswire· 2025-06-05 23:35
Core Viewpoint - Logan Ridge Finance Corporation (LRFC) stockholders have shown strong support for the proposed merger with Portman Ridge Finance Corporation (PTMN), with leading independent proxy advisors recommending a "FOR" vote on the merger proposal [1][3]. Group 1: Merger Proposal Details - The Special Meeting of Stockholders for LRFC is rescheduled to June 20, 2025, to allow more time for stockholders to vote on the merger with PTMN [1]. - The Board of Directors of LRFC unanimously recommends that stockholders vote "FOR" the proposed merger [2][5]. - Stockholders eligible to vote are those on record as of May 6, 2025, and previously submitted proxies will be counted unless revoked [4]. Group 2: Voting Process - Stockholders can attend the meeting and cast their votes either in person or virtually through a designated website or phone number [2][5]. - The company encourages stockholders to vote their proxies as soon as possible to avoid delays in the meeting [5]. Group 3: Company Backgrounds - LRFC is a business development company that primarily invests in first lien loans and second lien loans, focusing on lower middle-market companies [6]. - PTMN is also a publicly traded business development company that manages a portfolio of term loans, mezzanine investments, and selected equity securities in middle market companies [7].
OXSQ Bonds Outshine CION: Why This 8% Yield Deserves Investor Attention
Seeking Alpha· 2025-06-05 21:15
Group 1 - The article highlights the focus on closed-end funds and the importance of timing in trades related to market price deviations [1] - A small fraction of BDC bonds currently offers yields to worst above 8%, with the article focusing on two notable exceptions [2] - The investing group Trade With Beta provides features such as frequent picks for mispriced preferred stocks and baby bonds, along with weekly reviews of over 1200 equities [2]
Pegasystems (PEGA) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-06-05 17:01
Pegasystems (PEGA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Th ...
Is Healthcare Services Group (HCSG) Outperforming Other Business Services Stocks This Year?
ZACKS· 2025-06-05 14:45
Group 1 - Healthcare Services (HCSG) is currently outperforming the Business Services sector with a year-to-date return of approximately 22.7%, while the sector has returned an average of -0.3% [4] - The Zacks Consensus Estimate for HCSG's full-year earnings has increased by 13.5% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - HCSG holds a Zacks Rank of 1 (Strong Buy), suggesting it has characteristics that may lead to outperformance in the market over the next one to three months [3] Group 2 - The Business Services sector includes 271 individual stocks and currently holds a Zacks Sector Rank of 3 among 16 different sector groups [2] - The Business - Services industry, which includes HCSG, consists of 26 companies and is ranked 32 in the Zacks Industry Rank, with an average year-to-date gain of 18.3% [6] - Loop Industries, Inc. (LOOP) is another stock in the Business Services sector that has performed well, returning 30.8% year-to-date and also holding a Zacks Rank of 1 (Strong Buy) [5]
Best Growth Stocks to Buy for June 5th
ZACKS· 2025-06-05 13:31
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today June 5th:Strattec Security (STRT) This company which designs, develops, manufactures and markets mechanical locks, electro-mechanical locks and related products for automotive manufacturers with operations in the United States, Canada and Mexico, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.Strattec ...
Alico to Present at the Sidoti Small Cap Virtual Conference
Globenewswire· 2025-06-05 13:25
Core Points - Alico, Inc. will present at the Sidoti Small Cap Virtual Conference on June 11 and 12, 2025, with CEO John Kiernan hosting one-on-one meetings with investors [1][2] - The presentation is scheduled to start at 12:15 PM ET on June 11, 2025, and will be accessible live [2] - Alico is a Florida-based agribusiness and land management company with over 125 years of experience, operating approximately 51,300 acres across 8 Florida counties [3] Company Overview - Alico focuses on strategic land development opportunities and diversified agricultural operations, aiming to create long-term shareholder value [3] - The company emphasizes responsible land stewardship and conservation as part of its operational strategy [3]
ibex to Showcase Industry’s Best AI-Powered CX Solutions at CCW Customer Contact Week 2025
Globenewswire· 2025-06-05 13:00
Core Insights - ibex will showcase its AI-powered customer experience (CX) solutions at the CCW Customer Contact Week in Las Vegas from June 9-12, 2025, highlighting its leadership in the industry [1][6] - The company emphasizes its combination of over 20 years of CX expertise with cutting-edge AI technology to enhance customer interactions and drive growth [2][4] - ibex will host a Fireside Chat on June 11, focusing on real-world AI implementation best practices, featuring industry leaders [2][8] Company Overview - ibex is a global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, operating approximately 30 facilities worldwide [4] - The company employs over 31,000 individuals and manages nearly 175 million customer interactions annually, contributing over $2.2 billion in lifetime customer revenue each year [5] Event Highlights - The CCW event will feature live demonstrations of ibex's Wave iX AI solutions, including the AI Virtual Agent and Wave iX Translate, which supports real-time interactions in over 150 languages [2] - The 2025 CX Leadership Awards will be presented at an exclusive dinner, recognizing individuals and companies that excel in customer engagement and experience [2][3]