logo
Salvatore Ferragamo S.p.A. (0P52) Gets a Hold from Kepler Capital

Salvatore Ferragamo S.p.A. (0P52) Gets a Hold from Kepler Capital

In a report released today, Charles-Louis Scotti from Kepler Capital maintained a Hold rating on Salvatore Ferragamo S.p.A., with a price target of €5.00. The company's shares closed yesterday at €4.89.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Scotti is ranked #8173 out of 9863 analysts.
In addition to Kepler Capital , Salvatore Ferragamo S.p.A. also received a Hold from UBS's Chris Huang in a report issued today. However, on the same day, Barclays maintained a Sell rating on Salvatore Ferragamo S.p.A. (LSE: 0P52).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Alphabet Class A (GOOGL) Receives a Buy from Citizens JMP
Alphabet Class A (GOOGL) Receives a Buy from Citizens JMP

Business Insider

time3 hours ago

  • Business Insider

Alphabet Class A (GOOGL) Receives a Buy from Citizens JMP

In a report released yesterday, Andrew Boone from Citizens JMP reiterated a Buy rating on Alphabet Class A, with a price target of $225.00. The company's shares closed yesterday at $195.04. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Boone is a 5-star analyst with an average return of 11.3% and a 54.49% success rate. Boone covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Upwork. In addition to Citizens JMP, Alphabet Class A also received a Buy from Robert W. Baird's Colin Sebastian in a report issued yesterday. However, on August 3, Wells Fargo assigned a Hold rating to Alphabet Class A (NASDAQ: GOOGL). Based on Alphabet Class A's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $96.43 billion and a net profit of $28.2 billion. In comparison, last year the company earned a revenue of $84.74 billion and had a net profit of $23.62 billion

Ferguson closes the fiscal year with nine acquisitions
Ferguson closes the fiscal year with nine acquisitions

Business Wire

time3 hours ago

  • Business Wire

Ferguson closes the fiscal year with nine acquisitions

NEWPORT NEWS, Va.--(BUSINESS WIRE)-- Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) announces the closing of four acquisitions during its fourth quarter: HPS Specialties, LLC, Ritchie Environmental Solutions, LLC, Manufactured Duct & Supply Company and Water Resources, Inc. The company closed on nine acquisitions last fiscal year, which ended July 31, 2025, with aggregate annualized revenues of approximately $300 million. HPS Specialties, LLC HPS Specialties is a manufacturer's representative of HVAC, plumbing and hydronic supplies serving commercial mechanical and industrial engineering professionals. The acquisition closed on June 16 and gives Ferguson entry into the mechanical room design and specification business in the Northeast and Mid-Atlantic. Ritchie Environmental Solutions, LLC Ritchie Environmental is a process equipment manufacturer's representative serving the water and wastewater treatment market in Virginia. The acquisition of Ritchie Environmental, which closed on June 24, is expected to strengthen Ferguson's expertise in water and wastewater system design and enhance its ability to collaborate on process equipment solutions. Manufactured Duct & Supply Company MDS is an HVAC supplies and parts distributor with duct board fabrication capabilities serving residential and light commercial contractors throughout metro Atlanta and the Southeast. The acquisition closed on July 21 and will strengthen Ferguson's HVAC footprint and customer relationships in the Atlanta market, further driving our ability to serve the dual-trade professional. Water Resources, Inc. Water Resources is the exclusive distributor of Neptune Technology Group products and water meters in the greater Chicago metro area. The acquisition, which closed on July 28, expands Ferguson's Neptune distribution rights and will enhance our ability to drive product specification in a key municipal market. 'We invest in acquisitions with talented associates, unique product offerings, and established customer and manufacturer relationships that strengthen our ability to serve the water and air specialized professional,' said Ferguson CEO Kevin Murphy. 'Our acquisitions this fiscal year spanned across six customer groups, strategically supporting our balanced business mix, and the pipeline remains healthy as we move into the next fiscal year.' Ferguson maintains a strong record of successful geographic and capability bolt-on acquisitions, completing approximately 50 in the last five years. The large, fragmented markets in which Ferguson operates comprise 10,000+ small to medium ($10-300 million revenue) independent companies across the company's $340B residential and non-residential North American construction market. About Ferguson Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) is the largest value-added distributor serving the specialized professional in our $340B residential and non-residential North American construction market. We help make our customers' complex projects simple, successful and sustainable by providing expertise and a wide range of products and services from plumbing, HVAC, appliances, and lighting to PVF, water and wastewater solutions, and more. Headquartered in Newport News, Va., Ferguson has sales of $29.6 billion (FY'24) and approximately 35,000 associates in nearly 1,800 locations. For more information, please visit Cautionary Note on Forward-Looking Statements Certain information in this announcement is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, and involves risks, assumptions and uncertainties that could cause actual results to differ materially from those expressed or implied by forward-looking statements. Forward-looking statements cover all matters which are not historical facts and speak only as of the date on which they are made. Forward-looking statements can be identified by the use of forward-looking terminology such as 'will,' 'believe,' 'expect' or other variations or comparable terminology and include, without limitation, statements regarding the anticipated benefits of the acquisitions. Forward-looking statements are subject to substantial risks and uncertainties, including, but not limited to, the following: risks related to the ability to realize the anticipated benefits of acquisitions, including the possibility that the anticipated benefits will not be realized within the expected time period; the risk that the businesses will not be integrated successfully; weakness in the economy, market trends, uncertainty and other conditions in the markets in which we operate and the macroeconomic impact of factors beyond our control (including, among others, inflation/deflation, recession, labor and wage pressures, trade restrictions such as tariffs, sanctions and retaliatory countermeasures, interest rates, and geopolitical conditions); failure to rapidly identify or effectively respond to direct and/or end customers' wants, expectations or trends, including costs and potential problems associated with new or upgraded information technology systems or our ability to timely deploy new omni-channel capabilities; decreased demand for our products as a result of operating in highly competitive industries and the impact of declines in the residential and non-residential markets and our ability to effectively manage inventory as a result; changes in competition, including as a result of market consolidation, new entrants, vertical integration or competitors responding more quickly to emerging technologies (such as generative artificial intelligence); unsuccessful execution of our operational strategies; fluctuations in product prices in product prices/costs (e.g., including as a result of the use of commodity-priced materials, inflation/deflation and/or trade restrictions) and foreign currency; and other risks and uncertainties set forth under the heading 'Risk Factors' in our Annual Report on Form 10-K for the fiscal year ended July 31, 2024 filed with the Securities and Exchange Commission ('SEC') on September 25, 2024 and in other filings we make with the SEC in the future. Forward-looking statements regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Other than in accordance with our legal or regulatory obligations, we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Investor Inquiries Brian Lantz Vice President, IR and Communications +1 224 285 2410 Pete Kennedy Director, Investor Relations +1 757 603 0111 Media Inquiries Christine Dwyer Senior Director, Communications and Public Relations +1 757 469 5813

Prediction: if an investor buys 1,000 Vodafone shares today, here's how much money they could make in 12 months…
Prediction: if an investor buys 1,000 Vodafone shares today, here's how much money they could make in 12 months…

Yahoo

time4 hours ago

  • Yahoo

Prediction: if an investor buys 1,000 Vodafone shares today, here's how much money they could make in 12 months…

For the first time since 2022, Vodafone (LSE:VOD) shares are now back in bullish territory, climbing by over 20% since the start of the year. This upward trajectory comes off the back of continued progress in the telecommunication giant's restructuring under CEO Margherita Della Valle. But unlike previous turnaround attempts, Vodafone's starting to show some long-awaited signs of life. So with an underlying price-to-earnings ratio of just 14, could now be a good opportunity to invest in Vodafone shares? And if analyst projections are correct, how much money could investors potentially make? Encouraging progress Last month, Vodafone gave investors an update on operations. And for the most part, things seem to be moving in the right direction. Its recent merger with Three was successfully completed, with integration efforts now underway. Meanwhile, the firm's African fintech services continue to deliver solid double-digit gains. And even its troublesome German operations seem to be improving, with the rate of sales loss shrinking from 6% to 3.2% versus the previous quarter. There's evidently a lot more work to do in Germany, especially considering that it's Vodafone's largest market. But the continued slowdown of revenue attrition suggests the company's making progress in addressing the problems, even in a highly competitive landscape. Following these results, Vodafone reiterated its full-year guidance for adjusted free cash flow to land between €2.4bn and €2.6bn. And with the Three UK merger being a success, it seems several of the assumptions UBS's share price forecast have been met. That's significant since UBS's price target stands at 120p – roughly 44% higher than where the stock's trading today. Providing that Vodafone shares continue moving towards this target, buying 1,000 shares today for £835 could net a profit of around £360 by this time next year. Taking a step back While the prospect of a 44% gain is undoubtedly exciting, it's important to remember that forecasts always need to be taken with a pinch of salt. Three UK still needs to be integrated into Vodafone's wider ecosystem – a task that involves execution risk. Cost overruns and delays would likely hamper margins. Therefore, even after reiterating guidance, the company could still fall short by the end of the fiscal year. At the same time, according to UBS, Vodafone's German operations also need to return to growth and begin recapturing lost market share. And while there have been some early signs of improvement, it's so far been relatively slow. The point is, even if Vodafone shares continue to steadily move in the right direction, there's no guarantee they'll reach UBS's bullish target of 120p. The bottom line Operationally speaking, Della Valle's strategy is seemingly delivering results. But with over €53bn of debts & equivalents on the balance sheet, even €2.6bn of free cash flow might not go very far – a handicap that many of Vodafone's competitors don't have. As such, Vodafone's turnaround will be a long, multi-year process. And during that time, there may be other more promising investing opportunities to exploit. That's why I'm not rushing to buy the shares today. The post Prediction: if an investor buys 1,000 Vodafone shares today, here's how much money they could make in 12 months… appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Zaven Boyrazian has no position in any of the shares mentioned. The Motley Fool UK has recommended Vodafone Group Public. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 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

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store