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NEOG INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Neogen Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-07-26 14:30
Core Viewpoint - Neogen Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives misled investors regarding the integration with 3M and the financial health of the company during the class period from January 5, 2023, to June 3, 2025 [1][3]. Company Overview - Neogen Corporation, along with its subsidiaries, specializes in the development, manufacture, and marketing of products and services focused on food and animal safety [2]. Allegations of the Lawsuit - The lawsuit claims that Neogen's executives misrepresented the progress of the integration with 3M, leading investors to believe it was more successful than it was [3]. - The complaint states that when inefficiencies from the integration were disclosed, the executives downplayed these issues and assured investors of their commitment to resolving them [3]. Financial Performance - On January 10, 2025, Neogen reported a significant GAAP net income loss due to a $461 million non-cash goodwill impairment charge related to the 3M acquisition, alongside a reduction in fiscal year 2025 revenue and EBITDA guidance [4]. - Following the announcement of its third quarter results on April 9, 2025, Neogen reported a loss of $11 million, a decline in revenue by 3.4% to $221 million, and a significant drop in stock price by 28% [5]. - On June 4, 2025, Neogen projected an EBITDA margin drop to the high teens from 22%, attributing this to elevated inventory write-offs, which led to a further stock price decline of over 17% [6]. Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Neogen common stock during the class period to seek appointment as lead plaintiff in the lawsuit, representing the interests of the class [7]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8][9].
RMT: A Unique Small-Cap CEF That Outperforms Its Index And Trades At A Discount
Seeking Alpha· 2025-07-25 23:06
The Royce Micro Cap Trust (NYSE: RMT ) is a somewhat unique closed-end fund, or CEF, that, as the name suggests, invests exclusively in some of the smallest publicly traded companies in the United States. The fund’sAt Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to the general public (and many of them are not rel ...
Ulta Stock Is The Beyoncé Of Retail Now: LVMH's Just A Backup Dancer
Benzinga· 2025-07-25 17:04
In the retail world, LVMH Moet Hennessy Louis Vuitton SE LVMHF has long strutted the global catwalk like royalty. But lately, the spotlight has shifted. Ulta Beauty Inc ULTA is having a Beyoncé moment—taking center stage, setting the tempo, and leaving the luxury titan looking like a backup dancer trying to keep up with the choreography.Track ULTA’s price movement here.Beauty Outshines Luxury In 2025Ulta Beauty's stock is up 19.65% year to date, outperforming broader retail benchmarks and shrugging off fear ...
What to Expect From AvalonBay Communities in Q2 Earnings?
ZACKS· 2025-07-25 15:56
Core Viewpoint - AvalonBay Communities, Inc. is expected to announce its second-quarter 2025 results, with a focus on its performance amid current market conditions and the overall resilience of the U.S. apartment market [1][2]. Company Performance - In the last reported quarter, AvalonBay delivered a surprise of 1.07% in core funds from operations (FFO) per share, with a year-over-year increase in same-store residential revenues, although higher interest expenses impacted results [2]. - The company has surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average beat of 0.83% [2]. - For the two months ending May 31, 2025, AvalonBay reported a 3% year-over-year increase in same-store residential revenues, with occupancy at 96.3%, up from 96% in the first quarter [11]. Market Conditions - The U.S. apartment market absorbed over 227,000 units in Q2 2025, reflecting strong demand despite economic uncertainties [3]. - National occupancy rates rose to 95.6% in June, a 140 basis point increase year-over-year, indicating a focus on maximizing occupancy over rent increases [4]. - More than 535,000 units were completed in the past year, with 108,000 delivered in Q2, showcasing the market's ability to absorb new supply [5]. Regional Insights - Tech-driven markets like San Francisco, San Jose, Boston, and New York showed momentum, while Sun Belt markets like Dallas and Atlanta also demonstrated recovery [6]. - Conversely, tourism-dependent cities like Las Vegas and Orlando experienced slight declines, reflecting softening discretionary spending [6]. Strategic Positioning - AvalonBay focuses on high-quality assets in premium markets, which supports steady rental revenues and occupancy [7]. - The company's strategy of targeting high-growth markets through development and acquisition has led to solid occupancy and premium pricing [8]. - Despite elevated supply, AvalonBay is expected to maintain healthy occupancy growth and strong balance sheet strength [9]. Projections - Projections for Q2 2025 include an economic occupancy of 96.2%, a 2.2% year-over-year increase in same-store average rental rates, and a 1.3% growth in same-store net operating income (NOI) [12]. - Interest expenses are expected to rise by 9.7% year-over-year in Q2 [12]. - The Zacks Consensus Estimate for Q2 revenues is $761.75 million, indicating a 4.92% year-over-year increase [12]. Earnings Expectations - AvalonBay expects core FFO per share in the range of $2.72-$2.82, with a slight downward revision in the Zacks Consensus Estimate to $2.80, suggesting a year-over-year growth of 1.08% [13]. - The company's Earnings ESP is +0.02%, indicating a potential surprise in FFO per share for the quarter [14].
Pick Enbridge Stock Over Enterprise Products in Today's Energy Market?
ZACKS· 2025-07-25 15:31
Key Takeaways ENB's EBITDA is 98% backed by regulated or take-or-pay contracts, insulating cash flows.ENB is investing in renewables, while EPD remains focused on fossil fuels and petrochemicals.ENB trades at a higher EV/EBITDA than EPD and has seen 2025 earnings estimates revised upward.Enbridge Inc. (ENB) and Enterprise Products Partners (EPD) are two midstream energy giants. Given the nature of their business model, where shippers utilize their oil and gas storage and transportation assets, the players a ...
Richardson Electronics: A Strategic Pivot With Underappreciated Upside
Seeking Alpha· 2025-07-25 14:56
Core Insights - Richardson Electronics, Ltd. (RELL) has successfully transformed from a niche parts distributor to a company that designs and builds complex, high-reliability equipment for military systems, clean-energy projects, and large-scale applications [1] Company Overview - The company focuses on producing objective, data-driven research primarily about small- to mid-cap companies, which are often overlooked by many investors [1] - Occasionally, the company also analyzes large-cap names to provide a broader perspective on the equity markets [1]
Exploring Analyst Estimates for Sprouts Farmers (SFM) Q2 Earnings, Beyond Revenue and EPS
ZACKS· 2025-07-25 14:16
Analysts on Wall Street project that Sprouts Farmers (SFM) will announce quarterly earnings of $1.23 per share in its forthcoming report, representing an increase of 30.9% year over year. Revenues are projected to reach $2.17 billion, increasing 14.4% from the same quarter last year.The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial project ...
TYG: Renewables Keep Producing Losses, But Strength In Midstream Offsets It
Seeking Alpha· 2025-07-25 13:44
Tortoise Energy Infrastructure Corporation (NYSE: TYG ) is a closed-end fund that invests primarily in midstream energy corporations and partnerships. This could be something that investors who are seeking to earn an income off of their assets might find attractive, due toAt Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are re ...
RadNet, Inc. Announces Date of its Second Quarter 2025 Financial Results Conference Call
Globenewswire· 2025-07-25 10:00
LOS ANGELES, July 25, 2025 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and operated outpatient imaging centers and digital health solutions, announced today that it will host a conference call to discuss its second quarter 2025 financial results on Monday, August 11, 2025 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time). Investors are invited to listen to RadNet’s conference call by dia ...
BXSY: This Unique Fund Could Have A Lot To Offer
Seeking Alpha· 2025-07-24 21:51
Core Viewpoint - The Bexil Investment Trust is a closed-end fund aimed at investors seeking income, with a focus on generating a 7%+ income yield through energy stock investments while minimizing principal loss [1] Group 1: Fund Overview - The Bexil Investment Trust (OTCPK:BXSY) is designed for income-seeking investors [1] - The fund aims to achieve a 7%+ income yield by investing in a portfolio of energy stocks [1] Group 2: Subscription Service - The service offers subscribers access to exclusive investment ideas and in-depth research not available to the general public [1] - A two-week free trial is currently being offered for the subscription service [1]