Latest news with #PACCAR
Yahoo
27-05-2025
- Business
- Yahoo
3 Large-Cap Stocks Skating on Thin Ice
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence. With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players. This dynamic can trouble even the most skilled investors, but luckily for you, we started StockStory to help you navigate these trade-offs and uncover exceptional companies that break the mold. Keeping that in mind, here are three large-cap stocks that may face near-term headwinds and some other investments you should consider instead. Market Cap: $65.21 billion Established in 1968, Royal Caribbean Cruises (NYSE:RCL) is a global cruise vacation company renowned for its innovative and exciting cruise experiences. Why Does RCL Fall Short? Scale is a double-edged sword because it limits the company's growth potential compared to its smaller competitors, as reflected in its below-average annual revenue increases of 9.7% for the last five years Free cash flow margin is forecasted to shrink by 7.1 percentage points in the coming year, suggesting the company will consume more capital to keep up with its competitors Below-average returns on capital indicate management struggled to find compelling investment opportunities Royal Caribbean is trading at $240.33 per share, or 15.7x forward P/E. To fully understand why you should be careful with RCL, check out our full research report (it's free). Market Cap: $48.95 billion Founded more than a century ago, PACCAR (NASDAQ:PCAR) designs and manufactures commercial trucks of various weights and sizes for the commercial trucking industry. Why Does PCAR Worry Us? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion Projected sales decline of 8.7% for the next 12 months points to a tough demand environment ahead Earnings growth underperformed the sector average over the last two years as its EPS grew by just 1.7% annually PACCAR's stock price of $93.65 implies a valuation ratio of 15.7x forward P/E. If you're considering PCAR for your portfolio, see our FREE research report to learn more. Market Cap: $32.56 billion Holding detailed financial records on over 800 million consumers worldwide and dating back to 1899, Equifax (NYSE:EFX) is a global data analytics company that collects, analyzes, and sells consumer and business credit information to lenders, employers, and other businesses. Why Does EFX Give Us Pause? Expenses have increased as a percentage of revenue over the last five years as its adjusted operating margin fell by 6.8 percentage points Annual earnings per share growth of 4% underperformed its revenue over the last two years, showing its incremental sales were less profitable Underwhelming 10.6% return on capital reflects management's difficulties in finding profitable growth opportunities, and its decreasing returns suggest its historical profit centers are aging At $263 per share, Equifax trades at 33.1x forward P/E. Dive into our free research report to see why there are better opportunities than EFX. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free.
Business Mayor
20-05-2025
- Business
- Business Mayor
‘Fewer dollars' for UK economy as funder spurns English law
Fewer dollars are flowing into the UK economy due to uncertainty in the funding market, the chief of the world's biggest litigation funder warned today. Chris Bogart, chief executive of Burford Capital, said the economy was taking a hit as companies like Burford are no longer naming London as an arbitral seat or selecting English law as a dispute resolution mechanism in their international contracts. Bogart told journalists the government's failure to address problems posed by the PACCAR Supreme Court ruling was 'regrettable', and 'causing a problem for the London market'. He said: 'Look at all the mayhem that you're seeing from the tariffs from the US. Why are you seeing that? Because markets and businesses don't like such uncertainty. To invest, you have to have a higher level of certainty. What PACCAR , and the government non-response to it, has done is to create uncertainty. That means you're likely to see a lower allocation of capital to [that] market.' He added: 'The market-wide statistics that we've seen here bear that out. It's hard to get statistics on litigation funding, but [those] that are out there suggest there is less of it since PACCAR . And you've seen other demonstrable evidence of effects; for example Therium, a big London funder, the funder that did the sub-postmasters' case, has [made job losses]. So that's a sign that the market is not as healthy as you would like it to be.' Bogart added that before PACCAR , Burford named London as an arbitral seat and specified English law for all its international contracts. 'It didn't matter if it had anything to do with London; if we were going to do a financing agreement in, say, India or Dubai, we would try and have English law and London-seated arbitration. And now – we don't. We've stopped doing that. We've moved it to another jurisdiction, be it Singapore, Paris, New York. Because we have developed a less predictable dynamic here in this market, and that will mean fewer dollars flowing into the English economy, which is unfortunate because this is one of the major global centres for litigation and arbitration. And when you have losses like that, they take a long time to recover.' The Burford chief added: 'Clarity and predictability are an important part of law: it's not supposed to be something that's made up and new every time. If you have that kind of dynamic then it's harder to attract capital, it's harder to get cases to run. It was already hard enough in this market, because this is an expensive market. What is already happening in the UK is that you price the mid-sized case out of the market. And as you keep on making it more expensive, more difficult and more risky, you just keep on raising the bar for what kind of case is capable of getting funded.' Bogart also reflected on what he would like to see from the Civil Justice Council's current review of litigation funding. The CJC review will examine the need for tougher regulation of the sector, among other issues. He said: 'I'm hoping the CJC tells the government it's important to restore a degree of predictability and stability into the market. There's no need for a big regulatory apparatus here. The thing that people forget is that in most kinds of finance, regulation happens on a spot check-style level; and when you transact with your broker, the odds of that transaction being examined by the FCA [Financial Conduct Authority] are very, very small. [But] in litigation, there is a regulator in every single case. That's called the judge. Judges have broad powers to manage what goes on in the cases before them. 'So this is a solution in search of a problem. You haven't had any sort of history of problematic activity in the sector which warrants an intrusive regulatory response, so I hope that's the conclusion of the CJC, and that people will get back to business.'
Yahoo
20-05-2025
- Business
- Yahoo
Why Aurora Innovation, Inc. (AUR) Went Down Today
We recently published a list of . In this article, we are going to take a look at where Aurora Innovation, Inc. (NASDAQ:AUR) stands against other stocks that were sold down today. Ten mid-cap stocks were sold down on Monday, bucking a wider market optimism, amid the lack of catalysts to spark buying appetite, while investors continued to digest the firms' own developments affecting their businesses. The Dow Jones rose by only 0.32 percent, while the S&P 500 and the tech-heavy Nasdaq each inched up by 0.09 percent and 0.02 percent, respectively. Meanwhile, the 10 companies booked losses as high as 5 to 16 percent. In this article, we list the names of the worst-performing stocks and detail the reasons behind their decline. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle. Aurora Innovation dropped its share prices by 6.27 percent on Monday to end at $6.28 apiece as investor sentiment was dampened by its unexpected addition of human observers behind its driverless trucks. Investors took the recent initiative negatively from a company that was widely optimistic and confident about its driverless trucks. According to Aurora Innovation, Inc. (NASDAQ:AUR), one of its partners, PACCAR, requested human observers behind the wheel. 'PACCAR is a long-time partner and, after much consideration, we respected their request and are moving the observer, who had been riding in the back of some of our trips, from the back seat to the front seat,' it said. Aurora Innovation, Inc. (NASDAQ:AUR) officially launched its driverless trucks in Texas earlier this month. According to the company, it began regular driverless customer deliveries between Dallas and Houston this week, completing more than 1,200 miles without a driver. Overall, AUR ranks 9th on our list of stocks that were sold down today. While we acknowledge the potential of AUR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AUR but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
20-05-2025
- Business
- Yahoo
Why Aurora Innovation, Inc. (AUR) Went Down Today
We recently published a list of . In this article, we are going to take a look at where Aurora Innovation, Inc. (NASDAQ:AUR) stands against other stocks that were sold down today. Ten mid-cap stocks were sold down on Monday, bucking a wider market optimism, amid the lack of catalysts to spark buying appetite, while investors continued to digest the firms' own developments affecting their businesses. The Dow Jones rose by only 0.32 percent, while the S&P 500 and the tech-heavy Nasdaq each inched up by 0.09 percent and 0.02 percent, respectively. Meanwhile, the 10 companies booked losses as high as 5 to 16 percent. In this article, we list the names of the worst-performing stocks and detail the reasons behind their decline. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle. Aurora Innovation dropped its share prices by 6.27 percent on Monday to end at $6.28 apiece as investor sentiment was dampened by its unexpected addition of human observers behind its driverless trucks. Investors took the recent initiative negatively from a company that was widely optimistic and confident about its driverless trucks. According to Aurora Innovation, Inc. (NASDAQ:AUR), one of its partners, PACCAR, requested human observers behind the wheel. 'PACCAR is a long-time partner and, after much consideration, we respected their request and are moving the observer, who had been riding in the back of some of our trips, from the back seat to the front seat,' it said. Aurora Innovation, Inc. (NASDAQ:AUR) officially launched its driverless trucks in Texas earlier this month. According to the company, it began regular driverless customer deliveries between Dallas and Houston this week, completing more than 1,200 miles without a driver. Overall, AUR ranks 9th on our list of stocks that were sold down today. While we acknowledge the potential of AUR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AUR but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. 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
Mint
16-05-2025
- Automotive
- Mint
Driverless Trucking Firm Aurora Puts Human Back in Driver's Seat
(Bloomberg) -- Driverless vehicle developer Aurora Innovation Inc. is putting a human back in front of the wheel of big rigs operating in Texas, reversing course less than three weeks after the company began commercial autonomous service there. The decision to move an 'observer' from the rear of the cabin into the driver's seat was made at the request of PACCAR Inc., which manufactured the trucks, Aurora Chief Executive Officer Chris Urmson said Friday in a post on the company's website. The trucks will still be operated by the Aurora Driver autonomous system, but the person will be able to intervene if needed. 'We are confident this is not required to operate the truck safely based on the exhaustive testing (covering nearly 10,000 requirements and 2.7 million tests) and analysis that populates our safety case,' Urmson wrote of having a human in the front seat. 'PACCAR is a long-time partner and, after much consideration, we respected their request.' Aurora said on May 1 that it began commercial trucking services in Texas with two fully driverless vehicles, both built by PACCAR. It was Aurora's first commercial self-driving service on public roads. The company plans to expand to El Paso, Texas, and Phoenix by the end of the year. Friday's post suggests the companies disagreed about the need for a human to safeguard against issues that might arise in the early days of the commercial driverless service. PACCAR requested the change because of certain prototype parts in the trucks, Urmson said. A PACCAR spokesman did not return a request seeking comment. A short seller report by Bleecker Street Research on May 14 said Aurora had not yet obtained PACCAR's permission to commercialize its trucks with autonomous driving and that heavy truck manufacturer thinks it will take longer for the technology to be ready. A spokesperson for Aurora declined to comment on the report. Aurora has lost key executives over the past year. General Motors Co. said this week that Aurora co-founder and Chief Product Officer Sterling Anderson is taking the same title at the automaker. General Counsel Nolan Shenai left around the start of the year and Yanbing Li, who was senior vice president of engineering, departed Aurora in August to join Datadog Inc. --With assistance from Ed Ludlow. More stories like this are available on
