Latest news with #engineering
Yahoo
4 hours ago
- Business
- Yahoo
Stevanato Group S.p.A. (STVN): A Bull Case Theory
We came across a bullish thesis on Stevanato Group S.p.A. (STVN) on Best Anchor Stocks' Substack. In this article, we will summarize the bulls' thesis on STVN. Stevanato Group S.p.A. (STVN)'s share was trading at $22.61 as of 22nd May. STVN's trailing and forward P/E were 43.55 and 37.45 respectively according to Yahoo Finance. A biopharmaceutical facility with technicians working on a manufacturing line of treatments and preventions. Stevanato's recent earnings release highlighted a sharp return to growth, with Q1 revenue up 9% to €256.6 million—far ahead of expectations—driven primarily by strong performance in its high-value products (HVPs) and the ramp-up of new facilities in Latina and Fishers. Despite this impressive beat, the stock gave up early gains, staying true to its volatile trading pattern. However, the real story lies in Stevanato's compelling margin expansion potential and what appears to be sandbagged guidance. Margins improved meaningfully in Q1, yet remain artificially depressed due to underutilized vial capacity, dilutive effects from new plant ramp-ups, and a still-recovering engineering division. Net income grew 41% on just 9% revenue growth, illustrating the leverage embedded in the model. Management's commentary suggests that over time, as engineering margins normalize and the HVP mix continues to increase—especially with major projects like Ez-Fill cartridges for likely customers such as Novo Nordisk—the company could unlock over 1,000 basis points in margin expansion. Furthermore, current HVP gross margins are estimated to be double those of bulk products, signaling substantial upside. While guidance for 2025 was only modestly raised and Adjusted EBITDA lowered slightly due to tariffs, this conservatism appears more like strategic sandbagging than a real slowdown. Based on Q1 results and seasonal trends, full-year revenue could exceed management's guidance by 2.5%, implying double-digit growth is very much in reach. With expanding margins, a durable growth runway driven by mix shift and replacement demand, and strategic positioning in the U.S., Stevanato offers a long-term upside narrative not reflected in current valuation multiples. Stevanato Group S.p.A. (STVN) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 11 hedge fund portfolios held STVN at the end of the fourth quarter which was 11 in the previous quarter. While we acknowledge the risk and potential of STVN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than STVN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Yahoo
7 hours ago
- General
- Yahoo
Bridge contest draws engineering students from across the country to Iowa State
AMES, Iowa — How well can a student-made bridge withstand 2,500 pounds? 43 college engineering groups from across the country are all gathered at Iowa State for the Student Steel Bridge Competition to find out. The Student Steel Bridge Competition was founded in Michigan in 1987 and eventually grew into a national competition that hosts engineering students and companies from around the world. The American Institute of Steel Construction, AISC, says it's a way for students to turn ideas into infrastructure. 'They're designing something on paper or on the computer, but then actually getting to put together the pieces and get to see how things fit up, how things interact. They get to also experience how a bridge and the structure performs under real-world loads,' said Christi Stattler, AISC Education Manager. Local team set to compete in Red Bull Soapbox Race Iowa and raise money for charity Following strict competition regulations, student groups must design, fabricate, and build a 20-foot bridge able to withstand 2,500 pounds. During the timed finale, students are judged on speed of construction, estimated cost, aesthetics, and durability. Iowa State is hosting the competition this year, so their 25-student group had to build a bridge and plan the competition. The group says they're excited to see a year's worth of work come to a close. 'We have a design team that goes in and designs the entire bridge. We use experience like from past years and then we go to these competitions and it's a great time to look around and get new ideas,' said Iowa State Senior, Sydney Hyzy. 'Then our fabrication team, then works with design later, and then they are the ones that are cutting steel, welding it all together, making the bridge.' 'For engineers, this is like the Friday Night Lights,' said Carson Fischer, 2025 Iowa State graduate. 'It's like the big, big moment to show exactly what you've done. Show all these other schools how good you are, how big your club is and it's a lot of pressure on the guys and gals' abilities, and they step up.' Iowa State will kick off the finals Saturday at 8 a.m. in the Lied Recreation Center. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
BBC News
7 hours ago
- General
- BBC News
Passengers warned of Birmingham and Shrewsbury rail disruption
Rail passengers are being warned of disruption to services between Birmingham New Street and Shrewsbury on Sunday due to engineering is taking place between Wolverhampton and Shrewsbury, closing all lines and no services will run between New Street and Shrewsbury until 16:30 BST that day, West Midlands Railway for Wales routes between Birmingham International and Aberystwyth as well as West Midlands Railway routes between New Street and Shrewsbury will be will operate between Wolverhampton and Shrewsbury with connections at Shrewsbury - and train tickets can be used on other operators' services between Wolverhampton and Birmingham, the firm said. Follow BBC Wolverhampton & Black Country on BBC Sounds, Facebook, X and Instagram.
The National
19 hours ago
- General
- The National
‘Handasa': Why the Arabic word for engineering is built to last
From the shaping of things to finely honed skill, the Arabic word for engineering is more than the sum of its parts. Handasa, this week's word, stems from the root letters ha, noon, dal and seen, and is believed to have originated from the Persian word andazah, meaning measurement or dimension. The term entered the Arabic language in the ninth century during the Abbasid era, when Baghdad's Bayt Al Hikma, the historical House of Wisdom and library, became a centre of translation. Scientific texts from Greek, Persian and Indian traditions were rendered into Arabic, and the word handasa appeared in several of these translations of mathematical theories and treatises. These mathematical roots informed the early Arabic use of handasa, which at first referred specifically to geometry. In the ninth century, the Iraqi scholar Thabit ibn Qurra translated Euclid's Elements and expanded the use of handasa to include spatial reasoning and architectural design. His interpretations helped define how early Islamic cities were planned, from water irrigation systems to the curvature of domes. Handasa is now used as an umbrella term for engineering, with various branches ranging from handasa madaniyya (civil engineering) and handasa kahraba'iyya (electrical engineering) to handasa ijtima'iyya (social engineering). In literature and the arts, the word is often used metaphorically as a reference to precision and intricacy of craft. A well-executed event might be described as muhandasa, while a solution that feels overly calculated can be hailed, or derided, as masnu' bi handasa, meaning artificially engineered. Perhaps this explains some of the affection directed towards Iraqi singer Majid Al Mohandis, whose full name is Majid Al Attabi. While his stage name, translated as 'Majid the Engineer,' began as a nod to his former profession, it has come to describe the carefully calibrated pop hits he has continued to release over the past two decades. A term that spans science and structure, concept and culture, handasa can be used to construct everything from great ideas to remarkable buildings, when shaped by ambition and precision. Like many words in the Arabic language, it has evolved beyond its standard definition to carry deeper meanings. It is a word built to last.
RNZ News
20 hours ago
- General
- RNZ News
Conservation Department re-opens Blue Pools Track after two years of repairs
Blue Pools Track has been closed since May 2023. Photo: Unsplash / Michael Amadeus The Department of Conservation is re-opening the popular Blue Pools Track north of Wānaka this weekend, after two years of repair work. Walkers can expect to see an upgraded Blue Pools bridge, a completely new Makarora swing bridge and a new, raised boardwalk. DOC closed the bridges in May 2023, when engineering reports signalled they needed safety upgrades. Previously, DOC operations manager Charlie Sklenar said they were being used by as many as 550 people a day in peak summer. "At times, 75 people would cross the bridges each hour and visitors were regularly exceeding the signposted 'safe number of people to cross' advice," she said. "We needed to ensure these structures were safe for the public. "We made it into a major upgrade and we've really done some significant improvements." Sklenar said the work had been a two-year slog, involving DOC engineers, contractors, specialists, geotechnical consultations and some "unexpected complexities". "For those that know Makarora, [it's] very close to the West Coast, very wet conditions, very challenging. Because these are superstrength bridges, there's some really, really big anchors that needed to go into the ground, so dealing with those conditions has been challenging." Sklenar said the community was buzzing about the opening. "I think it's going to be pretty popular over the coming weeks."
