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Best Growth Stocks to Buy for Oct. 14th
ZACKS· 2025-10-14 14:26
Core Insights - Three stocks with strong growth characteristics and buy ranks are highlighted for investors: Ultrapar Participacoes, Skillsoft, and Seagate Technology [1][2][3] Group 1: Ultrapar Participacoes (UGP) - Ultrapar Participacoes is a major Brazilian industrial group, one of the largest distributors of liquefied petroleum gas in Brazil, and a leading producer of petrochemicals [1] - The company has a Zacks Rank of 1 (Strong Buy) and has seen a 33.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Ultrapar has a PEG ratio of 11.13, which is lower than the industry average of 18.70, and possesses a Growth Score of A [2] Group 2: Skillsoft (SKIL) - Skillsoft provides digital learning, training, and talent solutions and also carries a Zacks Rank of 1 [2] - The company has experienced a significant increase of 240.9% in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Skillsoft has a PEG ratio of 0.40, compared to the industry average of 0.78, and holds a Growth Score of B [2] Group 3: Seagate Technology (STX) - Seagate Technology specializes in data storage technology and infrastructure solutions, holding a Zacks Rank of 1 [3] - The company has seen a 4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - Seagate has a PEG ratio of 0.87, which is lower than the industry average of 1.35, and possesses a Growth Score of B [3]
Mastech Digital Reports 2% Sequential Revenue Growth for the Second Quarter of 2025
Prnewswire· 2025-08-13 11:00
Core Viewpoint - Mastech Digital, Inc. reported its financial results for the second quarter of 2025, showing a slight decline in revenues and net income compared to the same period in 2024, but an increase in consolidated gross profits and margins compared to the first quarter of 2025 [1][3][7]. Financial Performance - Revenues for Q2 2025 were $49.1 million, a decrease from $49.5 million in Q2 2024 [3]. - Gross profits in Q2 2025 were $13.8 million, down from $14.0 million in Q2 2024, with a gross margin of 28.1% compared to 28.2% in the prior year [3]. - GAAP net income for Q2 2025 was $0.1 million ($0.01 per diluted share), significantly lower than $1.4 million ($0.12 per diluted share) in Q2 2024 [3][7]. - Non-GAAP net income for Q2 2025 was $1.8 million ($0.15 per diluted share), compared to $2.2 million ($0.19 per diluted share) in Q2 2024 [3][7]. Segment Performance - The IT Staffing Services segment saw a 3% increase in revenues compared to Q1 2025, driven by higher bill rates and increased margins [4][7]. - The Data and Analytics Services segment reported softer activity with order bookings of $5.8 million, reflecting slower client decision-making and cautious discretionary spending [5]. Management Commentary - The CEO expressed satisfaction with the company's resilient performance amid measured client activity and noted early signs of stabilization in the broader environment [6]. - The CFO highlighted a strong financial position with $27.9 million in cash, no bank debt, and $22.2 million available under the revolving credit facility as of June 30, 2025 [6]. Consolidated Results - Total consolidated revenues increased by 2% to $49.1 million compared to Q1 2025 [7]. - Consolidated gross margins improved by 147 basis points compared to Q1 2025 [7]. - The company's Days Sales Outstanding (DSO) was 53 days, within the targeted range [6].
Mastech Digital Reports First Quarter 2025 Revenue Growth of 3%
Prnewswire· 2025-05-16 11:00
Core Insights - Mastech Digital, Inc. reported a 6% increase in consolidated gross profits for the first quarter of 2025, reflecting resilience in a challenging demand environment [1][3]. Financial Performance - Revenues for Q1 2025 reached $48.3 million, up from $46.8 million in Q1 2024, marking a 3% increase [3][7]. - Gross profits for Q1 2025 were $12.9 million, compared to $12.1 million in Q1 2024, with gross margins improving to 26.7% from 25.9% [3][7]. - The GAAP net loss for Q1 2025 was ($1.4 million) or ($0.12) per diluted share, compared to a net loss of ($161,000) or ($0.01) per diluted share in Q1 2024 [3][7]. - Non-GAAP net income for Q1 2025 was $0.8 million, consistent with the same period in 2024, translating to $0.06 per diluted share [3][7]. Segment Performance - The Data and Analytics Services segment generated revenues of $9.0 million, an 11% increase from $8.1 million in Q1 2024 [7]. - The IT Staffing Services segment saw a 2% revenue increase in Q1 2025 compared to the same quarter in 2024 [7]. - Order bookings for the Data and Analytics Services segment totaled $11.7 million, while demand for IT Staffing Services was lower than the previous year due to market uncertainties [4][5]. Management Commentary - The CEO highlighted the challenging demand environment but expressed cautious optimism, noting year-over-year growth in both business units [5]. - The CFO reported a cash balance of $24.7 million as of March 31, 2025, with no bank debt and $23.7 million available under the revolving credit facility [5]. Balance Sheet Overview - As of March 31, 2025, total assets were $110.1 million, with total liabilities at $23.1 million, resulting in shareholders' equity of $86.9 million [15].
Mastech Digital, Inc. to Discuss First Quarter Financial Results on May 16, 2025
Prnewswire· 2025-05-07 11:00
Company Overview - Mastech Digital, Inc. is a leading provider of Digital Transformation IT Services, offering Data Management and Analytics Solutions, Digital Learning, and IT Staffing Services with a digital-first approach [4]. Upcoming Conference Call - Mastech Digital has scheduled a conference call to discuss the results for the first quarter ended March 31, 2025, on May 16th at 9:00 a.m. Eastern Time, hosted by CEO Nirav Patel and CFO Kannan Sugantharaman [1]. - The conference call can be accessed via a listen-only dial-in number (877-269-7756) or through a live webcast available on the company's website [2]. Replay Information - A replay of the conference call will be available for 7 days following its conclusion, accessible for domestic callers at 877-660-6853 and for international callers at 201-612-7415, using conference number 13753809 [3].