xavierarnau/E+ via Getty Images In my view, Perdoceo Education Corporation (NASDAQ:PRDO) offers a reasonable upside from current levels. The stock price has room to improve as the company undergoes a significant business model transformation. In addition, the valuation appears to back up my thesis. Let me walk you through this potential opportunity. Company Overview Perdoceo…
Oselote Silvercorp Metals (NYSE:SVM) is one of several Canadian mining companies and one that we highlighted as a buy in Feb 2023 that we thought had upside with silver. The stock rallied over 30% in two months, generating solid trading profits for those wise enough to take the. Here we are in mid-August 2023, and…
GoodLifeStudio Investment thesis Our current investment thesis is: Hyatt is an attractively positioned business, owing to its transition to an asset-light business model, focus on the luxury segment, scope for margin improvement, and strong growth. We expect capex commitments to decline and shareholder distributions to increase, making Hyatt a compelling investment in the coming years….
ScottOrr Thesis The stock price of Ero Copper Corp. (NYSE:ERO) has risen 130% since I rated it a buy almost eleven months ago. Last September, Ero was trading at a mere 5.3x earnings, twice below the sector median, despite plans to more than double copper output by 2025, while bringing cash costs down by about…
martin-dm/E+ via Getty Images Tapestry deal signals a positive sentiment Tapestry (TPR) has agreed to acquire Capri Holdings (CPRI) for $57 per share in an all-cash deal valuing Capri at approximately $8.5 billion enterprise value. In May, we published a paper and took a position on Capri because we thought the value was favorable. We…
SurgePays, Inc. (NASDAQ:SURG) Q2 2023 Earnings Call Transcript August 10, 2023 5:00 PM ET Company Participants Brian Prenoveau – IR Brian Cox – President and CEO Tony Evers – CFO Conference Call Participants Ed Woo – Ascendiant Capital Michael Diana – Maxim Group Operator Good day, and welcome to the SurgePays Second Quarter 2023 Earnings…
Extreme Media/iStock via Getty Images Business Model Primer Toast (NYSE:TOST) is a cloud-based solution company designed for the restaurant industry. With its presence across 93,000 restaurant locations, processing over $110 billion of gross payment volume, it provides a comprehensive suite of software specifically tailored for the front and back operations of restaurants. Toast has a…
David-Prado/iStock via Getty Images Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) recently announced an optimistic outlook, which includes further opening of stores, increasing basket size, and growing consumer interest in nutrition and wellness. In my view, announced economies of scale, discounts, and promotions may accelerate net sales growth and the FCF margins. I did see…
MAGNIFIER About 10 days ago, Scorpio Tankers Inc. (NYSE:STNG), one of the largest product tanker operators in the world, released its Q2-2023 results showing strong figures. In this article, I will provide an analysis of the Q2-2023 earnings and I will explain why I believe Scorpio Tankers is a good BUY opportunity. If you are…
Agiliti, Inc. (NYSE:AGTI) Q2 2023 Results Conference Call August 8, 2023 5:00 PM ET Company Participants Matt McCabe – Senior Vice President of Finance and Investor Relations Tom Boehning – Chief Executive Officer Jim Pekarek – Chief Financial Officer Conference Call Participants Matthew Mishan – KeyBanc Capital Markets Jason Cassorla – Citi Brian Tanquilut –…
Etsy, Inc. (NASDAQ:ETSY) Oppenheimer 26th Annual Technology, Internet & Communications Conference August 8, 2023 9:55 AM ET Company Participants Josh Silverman – Chief Executive Officer Rachel Glaser – Chief Financial Officer Conference Call Participants Jason Helfstein – Oppenheimer Jason Helfstein Good morning, everyone. Thanks for joining us. I’m Jason Helfstein, I oversee Internet research for…
Adobe Inc. (NASDAQ:ADBE) Oppenheimer 26th Annual Technology, Internet & Communications Conference August 8, 2023 10:45 AM ET Company Participants Ashley Still – SVP and GM, Digital Media Jonathan Vaas – Investor Relations Conference Call Participants Brian Schwartz – Oppenheimer Brian Schwartz Greetings. I want to thank everyone who’s dialed in. I’m thrilled today here because…
Saga Communications, Inc. (NASDAQ:SGA) Q2 2023 Results Conference Call August 8, 2023 11:00 AM ET Company Participants Chris Forgy – CEO Sam Bush – CFO Operator Good morning, everybody, and welcome to the Saga Communications Inc. Second Quarter Earnings Release and Conference Call. [Operator Instructions] And it is now my pleasure to turn the floor…
KORE Group Holdings, Inc. (NYSE:KORE) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Charley Brady – Vice President, Investor Relations Romil Bahl – President and Chief Executive Officer Paul Holtz – Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Michael Latimore – Northland Capital Markets Scott Searle…
American Vanguard Corporation (NYSE:AVD) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants William Kuser – Director of IR & Corporate Communications Eric Wintemute – Chairman & CEO David Johnson – VP, CFO & Treasurer James Thompson – Director of Business Development Conference Call Participants Chris Kapsch – Loop Capital Brandon…
Global Indemnity Group, LLC (NYSE:GBLI) Q2 2023 Results Conference Call August 8, 2023 11:00 AM ET Company Participants Steve Ries – IR Jay Brown – CEO Tom McGeehan – CFO Conference Call Participants Ross Haberman – RLH Investment Tom Kerr – Zacks Investments Guy Baron – Springview Andrew Vindigni – General American Investors Company Operator…
MasterBrand, Inc. (NYSE:MBC) Q2 2023 Results Conference Call August 8, 2023 4:30 PM ET Company Participants Farand Pawlak – VP, IR and Corporate Communications Dave Banyard – President and CEO Andi Simon – EVP and CFO Conference Call Participants Adam Baumgarten – Zelman & Associates Garik Shmois – Loop Capital Markets Tom Mahoney – Cleveland…
GeneDx Holdings Corp. (NASDAQ:WGS) Q2 2023 Results Conference Call August 8, 2023 4:30 PM ET Company Participants Tricia Truehart – Head, IR Katherine Stueland – President and CEO Kevin Feeley – CFO Conference Call Participants Mark Massaro – BTIG Matt Kim – Jefferies Prashant Kota – Goldman Sachs Dan Brennan – Cowen Operator Good day,…
Wag! Group Co. (NASDAQ:PET) Q2 2023 Results Conference Call August 8, 2023 4:30 PM ET Company Participants Dawn Francfort – IR Garrett Smallwood – Chairman and CEO Adam Storm – President and Chief Product Officer Alec Davidian – CFO Conference Call Participants Jason Helfstein – Oppenheimer Wyatt Swanson – D.A. Davidson Matt Koranda – ROTH…
KP Tissue Inc. (OTCPK:KPTSF) Q2 2023 Earnings Call August 10, 2023 8:30 AM ET Company Participants Mike Baldesarra – Director, Investor Relations Dino Bianco – Chief Executive Officer Mark Holbrook – Chief Financial Officer Conference Call Participants Hamir Patel – CIBC Capital Markets Kasia Kopytek – TD Securities Paul Quinn – RBC Capital Operator Good…
Cytek Biosciences, Inc. (NASDAQ:CTKB) Q2 2023 Results Conference Call August 8, 2023 4:30 PM ET Company Participants Paul Goodson – IR Wenbin Jiang – CEO Patrik Jeanmonod – CFO Conference Call Participants Steven Mah – TD Cowen David Westenberg – Piper Sandler Operator Good day, and thank you for standing by. Welcome to the Cytek…
Riley Exploration Permian, Inc. (NYSE:REPX) Q2 2023 Results Conference Call August 8, 2023 11:00 AM ET Company Participants Philip Riley – CFO and EVP of Strategy Bobby Riley – Chairman and CEO Kevin Riley – President Conference Call Participants Neal Dingmann – Truist Securities Noel Parks – Tuohy Brothers Jeff Robertson – Water Tower Research…
Custom Truck One Source, Inc. (NYSE:CTOS) Q2 2023 Results Conference Call August 8, 2023 5:00 PM ET Company Participants Brian Perman – VP of IR Ryan McMonagle – CEO Chris Eperjesy – CFO Conference Call Participants Michael Shlisky – D.A. Davidson Tami Zakaria – JPMorgan Justin Hauke – Robert W Baird Scott Schneeberger – Oppenheimer…
Vasta Platform Limited (NASDAQ:VSTA) Q2 2023 Earnings Call Transcript August 9, 2023 5:00 PM ET Company Participants Marcelo Werneck – IR Guilherme Melega – CEO Conference Call Participants Marcelo Santos – JP Morgan Lucas Nagano – Morgan Stanley Operator Hello, and welcome to the Vasta Platform second quarter 2023 financial results. My name is Krista,…
Sadot Group Inc. (NASDAQ:SDOT) Q2 2023 Earnings Conference Call August 10, 2023 11:00 AM ET Company Participants Frank Pogubila – Investor Relations Michael Roper – CEO Jennifer Black – CFO Kevin Mohan – Chairman of the Board of Sadot Group Conference Call Participants Aaron Grey – Alliance Global Partners William Gregozeski – Greenridge Global Thomas…
Mineralys Therapeutics, Inc. (NASDAQ:MLYS) Q2 2023 Results Conference Call August 7, 2023 4:30 PM ET Company Participants Dan Ferry – LifeSci Advisors Jon Congleton – Chief Executive Officer Adam Levy – Chief Financial Officer and Chief Business Officer David Rodman – Chief Medical Officer Conference Call Participants Michael DiFiore – Evercore Greg Harrison – Bank…
Spruce Power Holding Corporation (NYSE:SPRU) Q2 2023 Earnings Conference Call August 10, 2023 4:30 PM ET Company Participants Bronson Fleig – Head, Investor Relations Christian Fong – Chief Executive Officer Sarah Wells – Chief Financial Officer Conference Call Participants Hilary Cauley – Guggenheim Operator Good afternoon, and welcome to the Spruce Power’s Second Quarter 2023…
stockstudioX/E+ via Getty Images Some investment opportunities tend to pay off rather quickly. Others, unfortunately, often require patience. It seems as though more companies fit into the latter category, but I digress. One firm that does fit in this latter category, in my opinion, is none other than Vail Resorts (NYSE:MTN), an owner and operator…
Air Industries Group (NYSE:AIRI) Q2 2023 Earnings Conference Call August 9, 2023 4:15 PM ET Company Participants Luciano Melluzzo – President and Chief Executive Officer Michael Recca – Chief Financial Officer Conference Call Participants Howard Halpern – Taglich Brothers Operator Hello, and welcome to Air Industries Group Second Quarter 2023 Earnings Call. [Operator Instructions] As…
ProPhase Labs, Inc. (NASDAQ:PRPH) Q2 2023 Earnings Conference Call August 10, 2023 11:00 AM ET Company Participants Ted Karkus – Chairman and CEO Conference Call Participants Adam Waldo – Lismore Partners Dennis Waldman – Barrett Productions Yi Chen – H.C. Wainwright Operator Good day, and welcome to the ProPhase Labs Second Quarter 2023 Financial Results…
davidfillion/iStock via Getty Images Introduction In a previous article, I argued dentalcorp Holdings Ltd. (TSX:DNTL:CA) (OTCPK:DNTCF) should be looked at from a free cash flow perspective. There are numerous (non-cash) elements that weigh on the company’s net income, and I argued that some of the acquisitions (where non-cash amortizations had and still have a negative…
Darren415 Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund (“CEF”) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical context as well as…
Credicorp Ltd. (NYSE:BAP) Q2 2023 Earnings Call Transcript August 11, 2023 10:30 AM ET Company Participants Milagros Ciguenas – Investor Relations Officer Gianfranco Ferrari – Chief Executive Officer Cesar Rios – Chief Financial Officer Reynaldo Llosa – Chief Risk Officer Francesca Raffo – Chief Innovation Officer Cesar Rivera – Head of Insurance and Pensions Conference…
I going to make a greatest artwork as I can, by my head, my hand and by my mind. The Company StoneCo Ltd. (NASDAQ:STNE) is a 4.3-billion market cap Brazillian company that operates in 2 business segments: Financial services [85.2% of total sales]: offers payment processing, digital banking, and credit solutions to Micro, Small, and…
The Nasdaq and the S&P 500 both posted a second straight weekly decline, as hotter than expected U.S. producer prices data pushed Treasury yields higher and sank rate-sensitive megacap growth stocks. The much anticipated consumer inflation report on Thursday showed that the headline and core consumer price index was unchanged from June, bolstering bets among…
FatCamera Summary Readers may find my previous coverage via this link. My previous rating was a hold as I believed FIGS (NYSE:FIGS) would continue to see pressure on revenue and margin due to the ongoing inventory issue overhang. I am revising my hold rating for FIGS as I await another quarter of operating improvements before…
ismagilov Dueling Proverbs and Mixed Messages “Do As I Say, Not As I Do.” -John Selden Or “Actions Speak Louder than Words” -Melancholy State of Province The old Wall Street dictum “Don’t fight the Fed” is attributed to Martin Zweig, a finance professor and famous investor who wrote the book Winning on Wall Street in…
champc Listen below or on the go on Apple Podcasts and SpotifyCatalyst watch for the week of August 13. Seeking Alpha Senior Executive Editor Kim Khan on what investors can expect when retail sales and housing starts and permits numbers are released. (00:26) Julie gives a brief earnings preview of Walmart (WMT), Target (TGT), and…
Heritage Global Inc. (NASDAQ:HGBL) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants John Nesbett – Investor Relations Ross Dove – Chief Executive Officer Brian Cobb – Chief Financial Officer Conference Call Participants Mark Argento – Lake Street Capital Markets George Sutton – Craig-Hallum Operator Greetings and welcome to Heritage Global…
cineman69/iStock Editorial via Getty Images Pebblebrook Hotel Trust (NYSE:PEB) has yet to reinstate quarterly cash dividends long suspended since the outbreak of the pandemic in early 2020. This dearth of income has been at odds with other hotel REIT peers like Braemar Hotels & Resorts (BHR) as Pebblebrook’s exposure to urban hotels has formed a…
ipopba The slowdown in growth that had been more prominent in developed markets is now hitting emerging markets going into the second half of 2023. July’s PMI data showed emerging markets expanding at the slowest pace in six months, supported chiefly by service sector growth as manufacturing output near-stalled. Rising borrowing costs, weakening trade conditions…
Lisa Lake/Getty Images Entertainment The Cigna Group (NYSE:CI) is pretty much trading flat over the last year: Data by YCharts This poses the question, if the company is currently attractively valued and might therefore be a good investment. SWOT Analysis To summarize the most important components of Cigna’s business and to get a grasp of…
Wolterk Investment thesis Our current investment thesis is: Ross Stores is a highly attractive business, owing to its consistently strong distributions, earnings growth, and scope for strong future returns through strong financials. Underpinning this is a quality commercial profile. The business has two strong brands, a broad variety of desirable products, healthy store growth, and…
Kameleon007 Recently, while screening for high yielding fixed income funds, I came across the PCM Fund Inc. (NYSE:PCM). PCM is an under-the-radar credit fund offered by Pimco that pays an attractive 9.7% distribution yield. However, upon further review of the fund, I am concerned that fund’s distribution yield is actually 14.3% on NAV, which appears…
mikdam/iStock via Getty Images Thesis Topgolf Callaway Brands Corp. (NYSE:MODG) along with its brand portfolio, is a leading modern golf and active lifestyle company. The company has pivoted from being solely a golf equipment provider to being what I like to describe as a “golf entertainment company”. Post-merger with Topgolf, MODG’s long-term strategy is to…
Algoma Steel Group Inc. (NASDAQ:ASTL) Q1 2024 Earnings Conference Call August 11, 2023 11:00 AM ET Company Participants Mike Moraca – Treasurer and IR Officer Michael Garcia – CEO Rajat Marwah – CFO Conference Call Participants Katja Jancic – BMO Capital Markets David Ocampo – Cormark Securities Ahmad Shaath – Beacon Securities Lucas Pipes –…
Justin Sullivan/Getty Images News Exxon Mobil Corporation (NYSE:XOM)’s recent quarter illustrates a multifaceted scenario of success and struggles, revealing a challenging financial environment. The company reported earnings that were down from the previous quarter’s figures, affected by lower natural gas realizations and industry refining margins. Despite these difficulties, the negative influence was partially softened by…
Lemon_tm Introduction Wheaton Precious Metals Corporation (NYSE:WPM) is a long-time favorite of mine, so be warned I am a tad bias towards it. In September 2009, we paid the princely sum of $28.80 which I thought was fair value at the time. Today, we will have a quick look at WPM’s position in this sector…
Doma Holdings Inc. (NYSE:DOMA) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Carlee Herzog – Investor Relations Maxwell Simkoff – Founder and Chief Executive Officer Michael Smith – Chief Financial Officer Conference Call Participants Thomas White – D.A. Davidson Operator Good day and thank you for standing by. Welcome to…
Makhbubakhon Ismatova/iStock via Getty Images The USD is starting to strengthen, in line with higher bond yields, and these two catalysts could be detrimental for growth / momentum stocks, which thrive on low interest rate expectations. I have previously written that the energy markets are outperforming the broad market. This space includes: Oil & gas,…