Bank of America Securities Reaffirms Their Buy Rating on Crescent Capital BDC (CCAP)
In a report released on May 30, Derek Hewett from Bank of America Securities reiterated a Buy rating on Crescent Capital BDC (CCAP – Research Report), with a price target of $17.00.
Confident Investing Starts Here:
According to TipRanks, Hewett is a 4-star analyst with an average return of 6.9% and a 64.85% success rate. Hewett covers the Real Estate sector, focusing on stocks such as AGNC Investment, Apollo Real Estate, and Safehold.
In addition to Bank of America Securities, Crescent Capital BDC also received a Buy from Raymond James's Robert Dodd in a report issued on May 16. However, on the same day, Wells Fargo maintained a Hold rating on Crescent Capital BDC (NASDAQ: CCAP).
Based on Crescent Capital BDC's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $42.13 million and a net profit of $16.62 million. In comparison, last year the company earned a revenue of $50.2 million and had a net profit of $28.01 million
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
34 minutes ago
- Yahoo
Casella Waste price target raised to $135 from $130 at TD Cowen
TD Cowen raised the firm's price target on Casella Waste (CWST) to $135 from $130 and keeps a Buy rating on the shares. The firm sees its growth as underappreciated and believes consensus revenue estimates typically exclude M&A and make high growth forecasts overly conservative while forward multiples appear artificially high. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on CWST: Disclaimer & DisclosureReport an Issue Casella Waste Systems Reports Strong Q1 2025 Revenue Growth Casella Waste Systems Reports Record Earnings and Growth Casella Waste: Strong Performance and Strategic Growth Drive Buy Rating Casella Waste reports Q1 adjusted EPS 19c, consensus 10c Casella Waste sees FY25 revenue $1.775B-$1.805B, consensus $1.79B Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
37 minutes ago
- Yahoo
3 Magnificent Stocks to Buy in June
Shopify is benefiting from organic growth in e-commerce, and it's aiding that by expanding its addressable market in multiple ways. Cava stock's recent dip offers a great opportunity to invest in this fast-growing restaurant business. After years of setbacks, the pieces are in place for a recovery at Nike. 10 stocks we like better than Shopify › Investors can set themselves up for life with a portfolio of well-chosen growth stocks. Investing in companies that are likely to be earning substantially higher revenue and profits in 10 years than they are today will help you multiply your savings. To give you some ideas, three contributors recently selected three stocks that they believe are positioned to deliver excellent returns in the coming years. Here's why they like Shopify (NASDAQ: SHOP), Cava Group (NYSE: CAVA), and Nike (NYSE: NKE). (Shopify): Shopify is the largest e-commerce services provider in the U.S., with about 30% of the market, according to Statista. That gives it a strong moat against the competition, and it's constantly releasing new features and tools to satisfy demand and keep its top position. The company has developed a complete ecosystem offering everything an omnichannel retailer needs to operate. It has moved way past its origins as an e-commerce website developer to offer full commerce services, from back-end management systems to point-of-sale devices for physical retailers. Merchant clients can sign up for whole packages or individual components. That gives it access to large leading companies that might need specific services, and it counts businesses like Kraft Heinz and Mattel as clients. It also has partnerships with major tech players like Amazon and Meta Platforms. Not only has business been good, but revenue also grew in the 2025 first quarter by 27% year over year. It's now been eight quarters of revenue growth above 25%, and profits are also on the rise. Operating income nearly doubled in the first quarter, and free-cash-flow margin expanded from 12% to 15%. Management sees a long runway. E-commerce is still increasing as a percentage of retail sales, providing organic growth opportunities for years. According to eMarketer, e-commerce made up 20.3% of sales last year, and it's expected to increase to 23% by 2027. That represents trillions of dollars, and a large chunk of that will end up in Shopify's system as its millions of merchants benefit. It has many other growth drivers. Its merchants get stronger with time, and that's true across different time periods. Barriers to entry for entrepreneurs continue to come down, and more small businesses create new opportunities for Shopify as the leader in e-commerce. It's expanding its addressable market through increasing its product line, its geographies, and the size of its clients. And its market opportunity increased from $46 billion when it started in 2015 to almost $900 billion by 2023. Shopify stock is down this year as the market has concerns about tariffs, and now is a great time to pick up shares. John Ballard (Cava Group): If there's a restaurant stock that has the makings of the next Chipotle, it's Cava. With the stock down 28% year to date, investors have a great opportunity to start a position at a more reasonable valuation. The stock's recent dip can be attributed to its steep valuation entering the year, as Cava continues to report strong financial results. The chain is satisfying a healthy appetite for its Mediterranean-based menu. It just opened 15 net new restaurants last quarter, helping to drive revenue up 28% year over year. And it's important to point out that it is seeing strong growth at existing locations. Same-restaurant sales (comps) surged 10.8% year over year, with guest traffic up 7.5%. Cava is nowhere close to reaching its long-term goal of 1,000 restaurants by 2032. It's in only 26 states but already has a solid operating profit margin of 6.6% on a trailing-12-month basis, and that margin should continue to increase as the business scales up and leverages expenses across a larger store base. The strong growth in comps shows that Cava still has a lot of opportunity to increase sales at existing locations and expand brand awareness. The company is delivering a unique restaurant experience that is getting recognition: It was recently ranked No. 13 out of the 50 most innovative companies as chosen by the business publication Fast Company. Analysts expect earnings to grow at an annualized rate of 36%. This should be a multibagger stock as Cava expands to all 50 states. Jeremy Bowman (Nike): It's hard to call Nike stock magnificent these days. The company has gone through one of its worst periods in its history, due primarily to increasing competition and strategic errors under its former CEO. Revenue is falling by double digits and is now down 65% from its peak in 2021, steadily declining since then. However, Nike is still the largest sportswear brand in the world. It's not going to fade away into irrelevance, and the company has a number of initiatives under new CEO Elliott Hill that should help return it to growth. These include focusing more on innovation and new products, returning to more tried-and-true marketing methods, and reestablishing relationships with wholesalers after overly focusing on the direct-to-consumer channel. Nike will report fiscal fourth-quarter earnings later this month, and any good news could propel the stock higher. Though the company is facing a challenging macroeconomic climate with changing tariff rates, it appears to be regaining market share in running-shoe sales from Deckers' HOKA brand, which reported slowing growth in its recent earnings report. Nike also said in its last quarter that it had returned to growth in running footwear, driven by the Pegasus 41 and new shoes like the Pegasus Premium. Management also said that it expected revenue growth and gross margin to bottom in the fourth quarter and "begin to moderate there." If Nike can show it's taking steps to recovery and expects improving performance in fiscal 2026, the stock could move higher on the earnings report. While a turnaround won't happen overnight, the first step is earning investor confidence, and Nike can do that later this month when it reports fourth-quarter results. Before you buy stock in Shopify, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Shopify wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor's total average return is 997% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jennifer Saibil has no position in any of the stocks mentioned. Jeremy Bowman has positions in Amazon, Cava Group, Chipotle Mexican Grill, Meta Platforms, Nike, and Shopify. John Ballard has positions in Cava Group. The Motley Fool has positions in and recommends Amazon, Chipotle Mexican Grill, Deckers Outdoor, Meta Platforms, Nike, and Shopify. The Motley Fool recommends Cava Group and Kraft Heinz and recommends the following options: short June 2025 $55 calls on Chipotle Mexican Grill. The Motley Fool has a disclosure policy. 3 Magnificent Stocks to Buy in June was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
1 Monster Growth Stock That's Crushing the Market in 2025
Cybersecurity specialist Zscaler has already clocked 60%-plus gains so far in 2025. Its latest quarterly results gave the stock a nice boost thanks to its improving growth. While the stock looks expensive right now, growth-oriented investors can still consider it. 10 stocks we like better than Zscaler › Shares of Zscaler (NASDAQ: ZS) have defied the broader stock market weakness in 2025 by registering impressive gains of 62% to investors so far this year, and it looks like this impressive rally is here to stay following the release of the company's latest quarterly results. On May 29, the cybersecurity specialist reported results for its fiscal 2025's third quarter (ended April 30). Both revenue and earnings topped consensus estimates, and the company also raised its full-year forecast. Zscaler stock shot up nearly 10% on the day following its earnings release. But is there more upside in store for Zscaler following its impressive run this year? Let's find out. Zscaler's top line jumped 23% year over year in the previous quarter, while its earnings increased by 18%. The slower growth in Zscaler's bottom line last quarter can be attributed to the company's focus on aggressively bringing new products to the market to capture a bigger share of the end-market opportunity. Zscaler says that its new offerings are "optimized for faster go-to-market rather than margins," and the company will focus on enhancing its margins once they scale up. The company's strategy of prioritizing market share gains is going to reap rewards in the future as it is helping the company bolster its revenue pipeline. This is evident from the 30% year-over-year growth in its remaining performance obligations (RPO) last quarter to almost $5 billion. RPO refers to the total value of a company's contracts that are yet to be fulfilled at the end of a quarter. So, the stronger growth in this metric when compared to Zscaler's revenue is proof that it is winning contracts at a faster pace than it is fulfilling them. After all, the total contract value of Zscaler's bookings in the previous quarter was more than $1 billion. Also, the company's RPO is nearly double the revenue it has generated in the past four quarters, which indicates that there is a strong likelihood of its growth rate getting better in the future. An important thing to note is that just over a third of Zscaler's annual recurring revenue of $2.9 billion now comes from emerging cybersecurity niches. These three emerging categories are zero trust security, data security, and agentic artificial intelligence security solutions, and all of them are expected to grow at healthy rates in the long run. The zero trust security market, for instance, is expected to jump by over 4x between 2024 and 2033. On the other hand, the adoption of agentic AI in the cybersecurity space is forecast to increase at an incredible annual rate of almost 40% over the next decade. So, it isn't surprising that Zscaler is now expecting stronger annual revenue growth of 23% in fiscal 2025, up by 1 percentage point from its earlier forecast. Analysts are expecting its revenue to increase by 20% in each of the next two fiscal years as well, as seen in the chart below. But it could end up doing better than that because of the bigger improvement in its revenue pipeline. What's more, a potential improvement in Zscaler's margins in the future, when it starts optimizing its new products for margin growth, is likely to lead to a strong jump in its bottom line following a flat performance in the current fiscal year. So, it is clear that Zscaler is primed for stronger growth going forward. But will it be enough to justify the valuation? Zscaler is trading at an expensive 79 times forward earnings, and its price-to-sales ratio of 18 isn't cheap either. These multiples are rich considering the pace at which Zscaler is currently growing, and the company will have to continue delivering stronger-than-expected growth and guidance in the future in order to maintain its premium valuation. Fortunately, the company seems well-placed to do so. It has been winning more lucrative contracts by attracting new customers to its platform apart from winning a bigger share of existing customers' wallets. Also, the fast-growing cybersecurity niches that the company is targeting should allow it to continue expanding its revenue pipeline in the future and pave the way for stronger growth. Growth-oriented investors should consider accumulating Zscaler stock, as it could head higher following its latest quarterly report on account of its improving growth prospects. Before you buy stock in Zscaler, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Zscaler wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Zscaler. The Motley Fool has a disclosure policy. 1 Monster Growth Stock That's Crushing the Market in 2025 was originally published by The Motley Fool
