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Why MKS (MKSI) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-07-23 17:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? MKS (MKSI) , which belongs to the Zacks Electronics - Miscellaneous Products industry, could be a great candidate to consider.When looking at the last two reports, this maker of analysis and processing equipment for semiconductor companies has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 16.20%, on aver ...
Bowman to Lead Multi-State Aerial Lidar Work Under U.S. Geological Survey's 3D Elevation Program
Globenewswire· 2025-07-10 11:30
Core Insights - Bowman Consulting Group Ltd. has been awarded a federal task order by the U.S. Geological Survey to lead aerial lidar data collection for the 3D Elevation Program, which aims to create a national baseline of high-resolution topographic data [1][2] - The task order covers over 8,800 square miles in regions affected by Hurricane Helene, with Bowman responsible for aerial acquisition and lidar processing, while Merrick & Company will manage the project and conduct ground surveys [2][3] - Bowman has successfully collected and processed over 150,000 square miles of lidar data under the Geospatial Products and Services Contract, reinforcing its position in high-barrier federal programs [3] Company Overview - Bowman Consulting Group is headquartered in Reston, Virginia, and employs over 2,400 staff across more than 100 locations in the U.S., providing a range of engineering and project management services [5] - The company specializes in infrastructure, technology, and project management solutions for clients in various regulated markets [5]
Confluence Loads Up on 182,305 NDSN Shares in Q2 2025
The Motley Fool· 2025-07-08 21:35
Company Overview - Nordson is a global provider of precision dispensing and processing equipment, focusing on specialized, high-margin applications in industrial and technology-driven sectors [4] - The company serves diverse end markets, including medical, electronics, consumer non-durable, and industrials, with nearly 60% of its sales coming from outside the United States [8] - Nordson generates revenue through the sale of proprietary equipment, systems, and related components, as well as aftermarket parts and services, emphasizing automation and precision solutions [7] Financial Performance - As of July 8, 2025, Nordson's market capitalization is $12.51 billion, with a revenue of $2.70 billion and a net income of $447 million [2] - The company has a dividend yield of 1.41% and has increased its dividend payout annually for 61 consecutive years, with a 15% increase last year [5] - Nordson expects to grow its annual revenue by 6% to 8% and adjusted earnings per share by 10% to 12% between 2025 and 2029, anticipating nearly $4 billion in operating cash flows during this period [9] Investment Insights - Confluence Investment Management LLC increased its stake in Nordson by acquiring 182,305 additional shares, raising its total holding to 336,090 shares, with a reported position value increase of $41 million [1] - Nordson stock closed at $221.50 on July 8, 2025, with a one-year share price change of -2.29%, underperforming the S&P 500 by 14.1 percentage points [6] - The stock trades 16.3% below its 52-week high, with a forward P/E of 22.1 and an EV/EBITDA ratio of 18.1 [6]
Can Fee-Based Contracts Continue to Boost ET Stock's Performance?
ZACKS· 2025-06-24 17:10
Key Takeaways Energy Transfer earns nearly 90% of its income from fee-based contracts, ensuring stable cash flows. ET's infrastructure in key basins secures long-term deals, aiding visibility into future earnings. ET's units trade at 10.17X EV/EBITDA TTM, a discount to the industry average of 11.39X.Energy Transfer LP (ET) , a U.S. midstream operator, benefits significantly from its reliance on fee-based contracts across the diversified asset portfolio. These contracts, which form the backbone of its reve ...
ONEOK Acquires Remaining Interest in Delaware Basin JV
Prnewswire· 2025-06-03 20:15
Acquisition Advances Permian Basin Growth Strategy TULSA, Okla., June 3, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the acquisition of the remaining 49.9% interest in Delaware G&P LLC (Delaware Basin JV) from NGP XI Midstream Holdings, L.L.C. for $940 million, consisting of $530 million in cash and $410 million in ONEOK common stock. Delaware Basin JV owns natural gas gathering and processing facilities in the Delaware Basin in West Texas and New Mexico, with a total processing capacity o ...
Analog Devices, Inc. (ADI) Bernstein 41st Annual Strategic Decisions Conference (Transcript)
Seeking Alpha· 2025-05-29 20:02
Core Insights - Analog Devices, Inc. is recognized as a highly respected and quality franchise in the analog semiconductor space, particularly in signal conversion and processing [1] - The company has undergone significant transformation over the past 15 years, focusing on high-value applications and rationalizing its product portfolio [1] - Analog Devices has implemented a hybrid manufacturing strategy that provides flexibility and supports margins during downturns [1] - The company is actively pursuing inorganic growth opportunities to enhance its franchise and growth potential [1] - There is a shift towards more aggressive capital return strategies compared to previous years, indicating a positive outlook for shareholder returns [1]
3 Technology Services Stocks Hitting New 52-Week Highs: CCRD, DAVE, MVST
ZACKS· 2025-05-28 23:26
Industry Overview - The Zacks Technology Services Industry is performing strongly, ranking in the top 22% of over 240 Zacks industries, with 11 stocks currently rated as Zacks Rank 1 (Strong Buy) [1] CoreCard (CCRD) - CoreCard's stock price is $26, having reached a 52-week high of $28, driven by consistent revenue growth and increased profitability [2] - The company exceeded Q1 EPS expectations by 75%, reporting earnings of $0.28 per share against estimates of $0.16, a significant increase from $0.07 in Q1 of the previous year [2][3] - Institutional investors own 41% of CoreCard's shares, and the company has surpassed the Zacks EPS Consensus for six consecutive quarters, with an average earnings surprise of 119.22% over the last four quarters [3] Dave Inc. (DAVE) - Dave Inc.'s stock price is $217, reflecting a nearly 150% increase year-to-date and a staggering 3,900% gain over the last two years [5][6] - The company has seen record growth since going public in 2022, with projections indicating high-double-digit growth in both revenue and earnings for fiscal years 2025 and 2026 [6] - Dave crushed Q1 EPS expectations by 61%, reporting earnings of $2.48 per share compared to estimates of $1.54, with FY25 and FY26 EPS estimates increasing by over 26% and 31% respectively in the last 60 days [7] Microvast (MVST) - Microvast's stock price is $3, having increased over 90% in 2025 and reaching a one-year high of $4.32 [8] - The company reported a surprise profit of $0.06 per share in Q1, compared to an expected loss of -$0.02, and achieved record Q1 revenue of $116.49 million, exceeding estimates of $103.75 million and up 43% from $81.35 million in the prior period [9] - Microvast is expected to achieve profitability this year, with rapid sales growth indicating strong future earnings potential [9] Conclusion - The positive trend in earnings estimate revisions suggests further upside potential for highly ranked technology services stocks, with CoreCard, Dave Inc., and Microvast identified as viable buy-the-dip candidates due to their significant expansion [13]
AGI Announces Offering of $75 Million Senior Subordinated Unsecured Debentures; Reaffirms 2025 Outlook
Globenewswire· 2025-05-22 15:15
Group 1 - Ag Growth International Inc. (AGI) announced a financing plan to issue $75 million in senior subordinated unsecured debentures, with a potential total of $86.25 million if the over-allotment option is fully exercised [2][3] - The net proceeds from the offering will be used to repay existing indebtedness under the company's senior operating credit lines, allowing for redrawing for general corporate purposes [4] - The debentures will bear an interest rate of 7.50% per annum, payable semi-annually, and will mature on June 30, 2030 [6] Group 2 - The company reaffirmed its 2025 outlook, including an Adjusted EBITDA guidance of at least $225 million for the full year and $50-$55 million for the second quarter [10][11] - AGI's international commercial growth strategy will be supported by this financing, enhancing flexibility to respond to growth opportunities in key international regions [5][21] - The company maintains a focus on responsible debt management and does not expect changes to overall debt levels or leverage ratios as a result of this announcement [5][21] Group 3 - The debentures will not be redeemable before June 30, 2028, except in the event of a change of control [7] - On redemption or maturity, AGI may satisfy its obligation by issuing common shares instead of cash [8] - The company has manufacturing facilities in multiple countries and distributes its products globally, indicating a strong market presence [12]
ET Stock Outperforms its Industry in a Month: Time to Buy or Hold?
ZACKS· 2025-05-21 16:51
Core Viewpoint - Energy Transfer LP (ET) has shown a strong performance with a 6% increase in stock price over the last month, outperforming the industry growth of 3.4% [1][2] Group 1: Company Overview - Energy Transfer operates a vast pipeline network exceeding 130,000 miles across 44 U.S. states, focusing on strategic acquisitions and organic growth [7] - The company has significant export capabilities, with the ability to export over 1.1 million barrels per day of natural gas liquids (NGLs) and 1.9 million barrels per day of crude oil, holding an estimated 20% share of the global NGL export market [9] - Nearly 90% of Energy Transfer's revenues come from fee-based contracts, providing stable cash flow and reducing exposure to commodity price volatility [12] Group 2: Recent Developments - Energy Transfer is expanding its natural gas liquids export facilities to meet rising global demand and has entered agreements to supply natural gas for new gas-fired power plants [2][10] - The company has received connection requests from nearly 200 data centers across 14 states, indicating strong demand from the digital infrastructure sector [11] Group 3: Financial Performance - The current quarterly cash distribution rate is 32.75 cents per common unit, with management raising distribution rates 14 times in the past five years [13] - The Zacks Consensus Estimate indicates year-over-year earnings growth of 12.5% for 2025 and 0.49% for 2026 [14] - Energy Transfer units are trading at a trailing 12-month EV/EBITDA of 10.32X, which is below the industry average of 11.6X, suggesting the firm is undervalued [17] Group 4: Comparative Analysis - Energy Transfer's trailing 12-month return on equity (ROE) is 11.47%, lower than the industry average of 13.95% [20] - In comparison, ONEOK's ROE stands at 15.58%, indicating stronger profitability [22]
OTC Markets Group Welcomes Currency Exchange International Corp. to the OTCQX
Globenewswire· 2025-05-20 11:00
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Currency Exchange International Corp. (TSX: CXI; OTCQX: CURN), which provides comprehensive foreign exchange technology and processing services, has qualified to trade on the OTCQX® Best Market. Currency Exchange International Corp upgraded to OTCQX from the Pink® market. Currency Exchange International Corp. begins trading today ...