Wizz Air, Citi layoffs, MongoDB soars: Trending Tickers
Hungarian low-cost airline Wizz Air (WIZZ.L) reported its annual operating profit to have fallen 61% year-over-year.
Citigroup (C) will cut nearly 3,500 tech jobs in China
MongoDB (MDB) shares surge higher Thursday morning after raising its full-year revenue guidance and seeing its first quarter revenue jump by 22% year-over-year.
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4 hours ago
- Yahoo
1 Dividend Growth Stock Down 61% to Buy Right Now
Dollar General is rapidly recovering value after weakness in 2024. The company is well positioned to deal with near-term macro challenges like increasing tariffs. 10 stocks we like better than Dollar General › With shares down more than half from an all-time high of $248 reached in 2022, Dollar General (NYSE: DG) is a fallen star that has caught the attention of value-hungry investors. Challenges like pandemic-era inflation wreaked havoc on its low-cost business model, ceding ground to larger retailers like Walmart. However, now the tables could be turning. Management's recovery efforts are starting to show results, and macroeconomic challenges like tariffs and potential recession could impact the company less than its rivals. Let's dig deeper into the reasons why this dividend growth stock could be a strong buy right now. Dollar General's business model is a natural winner. The company fills the gaps left by big box retailers by serving America's lowest-income consumers, often in rural areas and neglected urban food deserts. It keeps prices low through a streamlined, no-frills shopping experience, usually offering off-brand items in smaller-than-standard sizes. Business boomed during the pandemic era as Dollar General expanded its lineup and benefited from government stimulus efforts, which boosted consumer spending -- especially in lower-income demographics. Cracks began to show in 2022 and 2023 as demand began to fade and challenges, like inflation, ate away at consumers' purchasing power. However, under the leadership of CEO Todd Vasos (who returned from retirement in 2023), Dollar General has begun an ambitious turnaround strategy that involves reworking its supply chains and merchandise selection. So far, the results look promising. Dollar General's fourth-quarter sales jumped 4.5% year over year to $10.3 billion. And while operating income fell 49% to $294.2 million, this was influenced by noncash charges related to store closures and asset impairments that may not repeat in subsequent quarters. While Dollar General isn't totally out of the woods, there is light at the end of the tunnel. Trump's trade war may also have unexpected benefits. According to analysts at Citigroup, Dollar General may be better positioned to weather the new import levies compared to rivals. The research suggests only 10% of its sales are likely to be affected by tariffs, which is far below the 50% to 100% exposure across the retail sector. This advantage likely has a lot to do with the company's focus on food and other consumable items that tend to be produced in the United States. Dollar General may also be better suited to withstand macroeconomic risks like recession by attracting wealthier consumers who would normally shop at slightly more upscale stores like Kroger or Target. However, this is not guaranteed. Dollar General will have to work hard to differentiate itself from other low-cost retailers like Walmart, and lower tariff exposure could give it a long-term edge. Dollar General's improving fundamentals have not gone unnoticed by the market, with shares up by an impressive 28% year to date. That said, the stock remains relatively cheap, with a forward price-to-earnings (P/E) multiple of just 17. For context, the S&P 500 index has an average of 28, while industry leader Walmart boasts an eyewatering forward P/E of 38. Dollar General gives investors an affordable way to bet on the U.S. retail industry, and the company's insulation from tariff-related headwinds could make its business safer than rivals. The stock's dividend yield of 2.4% is icing on the cake. And with a payout ratio that hovers around 46%, the company has room to maintain or grow its dividend, especially as its turnaround strategy begins to reach the bottom line. Before you buy stock in Dollar General, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Dollar General 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 $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor's total average return is 994% — 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 Citigroup is an advertising partner of Motley Fool Money. Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target and Walmart. The Motley Fool recommends Kroger. The Motley Fool has a disclosure policy. 1 Dividend Growth Stock Down 61% to Buy Right Now was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
21 hours ago
- Yahoo
MongoDB (MDB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
MongoDB (MDB) reported $549.01 million in revenue for the quarter ended April 2025, representing a year-over-year increase of 21.9%. EPS of $1.00 for the same period compares to $0.51 a year ago. The reported revenue represents a surprise of +4.23% over the Zacks Consensus Estimate of $526.72 million. With the consensus EPS estimate being $0.65, the EPS surprise was +53.85%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how MongoDB performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: MongoDB Atlas customers: 55,800 compared to the 52,188 average estimate based on four analysts. Total Customers: 57,100 compared to the 53,713 average estimate based on two analysts. Revenue- Services: $17.56 million versus the nine-analyst average estimate of $16.39 million. The reported number represents a year-over-year change of +28.5%. Revenue- Subscription: $531.46 million versus $510.06 million estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a +21.6% change. Revenue- Subscription - MongoDB Atlas-related: $395.89 million versus $389.61 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +26.1% change. Revenue- Subscription - Other subscription: $135.56 million versus the three-analyst average estimate of $120.29 million. The reported number represents a year-over-year change of +10.2%. View all Key Company Metrics for MongoDB here>>>Shares of MongoDB have returned +14.6% over the past month versus the Zacks S&P 500 composite's +5.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MongoDB, Inc. (MDB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
CNBC
a day ago
- CNBC
Enterprise slowly adopting AI, in future it will want custom solutions, says MongoDB CEO
Dev Ittycheria, MongoDB CEO, joins 'Closing Bell Overtime' to talk quarterly results, AI adoption, full year guidance and more.
