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Yahoo
30-05-2025
- Business
- Yahoo
Does The Market Have A Low Tolerance For Revvity, Inc.'s (NYSE:RVTY) Mixed Fundamentals?
Revvity (NYSE:RVTY) has had a rough three months with its share price down 18%. We, however decided to study the company's financials to determine if they have got anything to do with the price decline. Fundamentals usually dictate market outcomes so it makes sense to study the company's financials. Particularly, we will be paying attention to Revvity's ROE today. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Revvity is: 3.9% = US$296m ÷ US$7.6b (Based on the trailing twelve months to March 2025). The 'return' is the profit over the last twelve months. That means that for every $1 worth of shareholders' equity, the company generated $0.04 in profit. View our latest analysis for Revvity Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. It is hard to argue that Revvity's ROE is much good in and of itself. Not just that, even compared to the industry average of 8.9%, the company's ROE is entirely unremarkable. Therefore, it might not be wrong to say that the five year net income decline of 21% seen by Revvity was possibly a result of it having a lower ROE. We reckon that there could also be other factors at play here. For example, the business has allocated capital poorly, or that the company has a very high payout ratio. So, as a next step, we compared Revvity's performance against the industry and were disappointed to discover that while the company has been shrinking its earnings, the industry has been growing its earnings at a rate of 3.8% over the last few years. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Has the market priced in the future outlook for RVTY? You can find out in our latest intrinsic value infographic research report. Revvity's low three-year median payout ratio of 12% (or a retention ratio of 88%) over the last three years should mean that the company is retaining most of its earnings to fuel its growth but the company's earnings have actually shrunk. The low payout should mean that the company is retaining most of its earnings and consequently, should see some growth. So there might be other factors at play here which could potentially be hampering growth. For instance, the business has faced some headwinds. Additionally, Revvity has paid dividends over a period of at least ten years, which means that the company's management is determined to pay dividends even if it means little to no earnings growth. Our latest analyst data shows that the future payout ratio of the company is expected to drop to 4.3% over the next three years. Accordingly, the expected drop in the payout ratio explains the expected increase in the company's ROE to 8.4%, over the same period. On the whole, we feel that the performance shown by Revvity can be open to many interpretations. While the company does have a high rate of profit retention, its low rate of return is probably hampering its earnings growth. With that said, we studied the latest analyst forecasts and found that while the company has shrunk its earnings in the past, analysts expect its earnings to grow in the future. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
30-05-2025
- Business
- Yahoo
Gas prices 'among the cheapest in nearly a decade' to start summer, analyst says
Canada's gas price average fell by 5.4 cents per litre of regular fuel this week, according to data from Kalibrate. The break from recent gains mirrors price action in the United States, where a leading analyst says rates at the pump are "among the cheapest in nearly a decade" when adjusting for inflation. The Canadian average price fell from $1.492 per litre to $1.438 between May 22 and May 29, led by declines in Vancouver, Kelowna, B.C., and Sarnia, Ont. At this time last year, the national average price was $1.688. The U.S. Memorial Day holiday is considered the unofficial start to the summer driving season in North America. Patrick De Haan, head of petroleum analysis at GasBuddy, says while prices did not fall as much as expected, the holiday was still one of the most affordable for drivers since 2021. "When adjusted for inflation, [it was] among the cheapest in nearly a decade,' he wrote in a blog post. 'As we move into the heart of summer, I believe we're likely to see a relatively stable stretch for gas prices as refinery maintenance wraps up." De Haan sees OPEC+ production commentary and growing uncertainty around the looming hurricane season in the U.S. Gulf region shaping prices in the weeks ahead. According to a report from Reuters, OPEC+ members may discuss a larger output increase in July compared to gains prior months at its meeting on Saturday. The potential additional supply could weigh on benchmark oil prices. Follow Yahoo Finance Canada for more weekly gas price updates. Scroll below to find your nearest city. (All figures in CAD cents) Location May. 22 May 29 Price Change Canada Average (V) 149.2 143.8 -5.4 WHITEHORSE 161.9 161.9 0 VANCOUVER* 183 167 -16 VICTORIA 176.2 181.5 5.3 PRINCE GEORGE 136.2 140.9 4.7 KAMLOOPS 150 152.9 2.9 KELOWNA 152.7 142.6 -10.1 FORT ST. JOHN 149.9 145.4 -4.5 ABBOTSFORD 172.4 160.8 -11.6 YELLOWKNIFE 144.7 134.9 -9.8 CALGARY* 137.2 131 -6.2 RED DEER 134.3 134.5 0.2 EDMONTON 134.9 130.7 -4.2 LETHBRIDGE 124.7 124.6 -0.1 LLOYDMINSTER 130.6 133.5 2.9 GRANDE PRAIRIE 131.1 137.9 6.8 REGINA* 134.9 134.8 -0.1 SASKATOON 135.6 135.6 0 PRINCE ALBERT 132.2 132.3 0.1 MOOSE JAW 135.7 135.7 0 WINNIPEG * 134.1 131.7 -2.4 BRANDON 127.6 131.7 4.1 CITY OF TORONTO* 139.4 135.4 -4 BRAMPTON 139.1 134.9 -4.2 ETOBICOKE 138.9 134.9 -4 MISSISSAUGA 138.8 134.1 -4.7 NORTH YORK 139.6 135.5 -4.1 SCARBOROUGH 139.4 135 -4.4 VAUGHAN/MARKHAM 139.3 135.1 -4.2 OTTAWA 138.9 133.2 -5.7 KINGSTON 132.6 128.8 -3.8 PETERBOROUGH 131.1 126.8 -4.3 WINDSOR 138.3 133.1 -5.2 LONDON 139.7 135.5 -4.2 SUDBURY 136.7 138.8 2.1 SAULT STE MARIE 128.3 128.3 0 THUNDER BAY 138.8 138.3 -0.5 NORTH BAY 131.4 136.8 5.4 TIMMINS 146.9 144.7 -2.2 HAMILTON 136.2 131.8 -4.4 ST. CATHARINES 135.9 129.8 -6.1 BARRIE 138.7 134.5 -4.2 BRANTFORD 132.8 128.4 -4.4 GUELPH 138.2 134.8 -3.4 KITCHENER 137.4 133.6 -3.8 OSHAWA 138.6 134.4 -4.2 SARNIA 134.8 124.4 -10.4 MONTRÉAL* 163.6 159.3 -4.3 QUÉBEC 156 155.3 -0.7 SHERBROOKE 152.8 152.3 -0.5 GASPÉ 157.6 157.4 -0.2 CHICOUTIMI 147 145.5 -1.5 RIMOUSKI 151.4 151.4 0 TROIS RIVIÈRES 154.6 151.8 -2.8 DRUMMONDVILLE 152.3 150.8 -1.5 VAL D'OR 159.6 159.6 0 GATINEAU 144.7 143.2 -1.5 SAINT JOHN* 143 144.2 1.2 FREDERICTON 144.7 145 0.3 MONCTON 143.8 144.4 0.6 BATHURST 143.5 142.3 -1.2 EDMUNDSTON 142.6 144 1.4 MIRAMICHI 144.9 146.2 1.3 CAMPBELLTON 143.1 146.3 3.2 SUSSEX 143.3 143.7 0.4 WOODSTOCK 144.8 146.2 1.4 HALIFAX* 145 145 0 SYDNEY 146.9 146.9 0 YARMOUTH 146 146 0 TRURO 146.1 146.1 0 KENTVILLE 145.5 145.5 0 NEW GLASGOW 146.1 146.1 0 CHARLOTTETOWN* 151.9 150.8 -1.1 ST JOHNS* 151.9 153.5 1.6 GANDER 155.7 157.3 1.6 LABRADOR CITY 159.1 160 0.9 CORNER BROOK 152.8 154.6 1.8 GRAND FALLS 155.7 157.3 1.6 SOURCE: KALIBRATE • All figures in CAD cents (*) Denotes markets used in Volume Weighted Canada Average Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android. 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
Business Recorder
20-05-2025
- Business
- Business Recorder
China, HK stocks rise as rate cut boosts sentiment
HONG KONG: China and Hong Kong stocks rose broadly on Tuesday, led by healthcare and consumer shares, as market sentiment improved after China cut key lending rates for the first time since October. China, Hong Kong stocks sag on soft data despite tariff truce lift By midday, China's blue-chip CSI300 Index was up 0.6%, while the Shanghai Composite Index gained 0.4%. Hong Kong's benchmark Hang Seng jumped 1.3%, hovering near a two-month high. China cut benchmark lending rates for the first time in seven months on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-US trade war. With the recent substantial progress in the US-China tariff negotiations and the announcement of rate cuts, market uncertainty has eased and risk appetite has rebounded, TF Securities said in a note. Healthcare stocks listed in Hong Kong and mainland A-shares advanced 3.8% and 1.6%, respectively. Shares of biotech firm 3SBIO surged 36% by the lunch break, after the firm signed a licensing deal with US drugmaker Pfizer. The consumer sector was another outperformer, with Hang Seng SCHK Consumer Discretionary Index jumping 1.4%. Meanwhile, shares of Chinese electric vehicle battery giant CATL opened 12.5% higher than the subscription price on Tuesday after the company raised $4.6 billion in its Hong Kong listing, the largest in the world this year. Hong Kong shares of CATL jumped 17% by midday. The smaller Shenzhen index was up 0.86%, the start-up board ChiNext Composite index was higher by 1.05% and Shanghai's tech-focused STAR50 index was up 0.51%.
Hindustan Times
18-05-2025
- Entertainment
- Hindustan Times
Mission Impossible 8 box office Day 1: Tom Cruise delivers biggest Hollywood opener of 2025, better than any Marvel film
Mission Impossible 8 box office Day 1: Tom Cruise showed special love for India and India has given it back twice over. The actor released his latest movie, Mission: Impossible-- The Final Reckoning in India, six days before the rest of the world. And Indian audiences have given it a handsome opening collection, the biggest for any Hollywood movie in 2025. On Saturday, release day, Mission Impossible 8 collected ₹17.5 crore at the box office, as per a report on It registered an overall 75.61% English occupancy. For context, Mission: Impossible-- Dead Reckoning opened at ₹12 crore back in 2023. The opening collection is better than any Marvel movie that release in India this year, including Captain America Brave New World ( ₹4.2 crore) and Thunderbolts* ( ₹3.8 crore). It is also better than opening day collections of a few big Hindi movies also. These include Akshay Kumar's Kesari 2 ( ₹7.5 crore) and Sunny Deol's Jaat ( ₹9.50 crore). A Minecraft Movie, the highest-grossing Hollywood film of the year, opened at ₹2 crore in India. Disney's Snow White fared even worse at ₹65 lakh. Tom Cruise returns as Ethan Hunt in Mission: Impossible – The Final Reckoning, with Christopher McQuarrie once again at the helm. McQuarrie has directed every instalment in the franchise since Rogue Nation. The seventh and eighth films were originally titled Dead Reckoning – Part One and Part Two, but the eighth has since been renamed following the release of the seventh. Joining Cruise are Hayley Atwell, Ving Rhames, Simon Pegg, Vanessa Kirby, Pom Klementieff, Shea Whigham, Angela Bassett, Esai Morales, Henry Czerny, Holt McCallany, Nick Offerman and Greg Tarzan Davis. Presented by Paramount Pictures and Skydance, the film hit Indian theatres on May 17 in English, Hindi, Tamil and Telugu. The HT review read, 'The eighth instalment of Mission: Impossible is director Christopher McQuarrie's unabashed tribute to his friend and arguably the greatest action star there ever was. To Cruise's credit, he shoulders that responsibility quite wonderfully. In a day and age of CGI-laden, convoluted thrillers. The Final Reckoning is a throwback to the 'good old days', where simplicity and action triumphed. And Tom Cruise is at the centre of it all, in what is his most emotionally charged performance in years. In every frame, he reminds you why he is who he is, and that the great ones can elevate even an average film to a work of art.'
Reuters
15-05-2025
- Business
- Reuters
France's Engie posts slight rise in first-quarter profit
PARIS, May 15 (Reuters) - French utility Engie ( opens new tab posted a 0.5% rise in first-quarter earnings on Thursday, as weaker hydropower conditions and lower power prices weighed on gains in its transmission business. The company, which produces, transports and sells gas and electricity, said earnings before interest and tax (EBIT), excluding nuclear, came to 3.7 billion euros ($4.14 billion), up 0.5% compared to the same period a year earlier. That was slightly lower than analyst estimates of 3.8 billion euros, according to a consensus gathered by LSEG. ($1 = 0.8932 euros)
