Latest news with #businessServices
Yahoo
30-06-2025
- Business
- Yahoo
Spotting Winners: Alight (NYSE:ALIT) And Professional Staffing & HR Solutions Stocks In Q1
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Alight (NYSE:ALIT) and the rest of the professional staffing & hr solutions stocks fared in Q1. The Professional Staffing & HR Solutions subsector within Business Services is set to benefit from evolving workforce trends, including the rise of remote work and the gig economy. With companies casting a wider net to find talent due to remote work, the expertise of staffing and recruiting companies is even more valuable. For those who invest wisely, the use of predictive AI in recruitment and screening as well as automation in HR workflows can enhance efficiency and scalability. On the other hand, digitization means that talent discovery is less of a manual process, opening the door for tech-first platforms. Additionally, regulatory scrutiny around data privacy in HR is evolving and may require companies in this sector to change their go-to-market strategies over time. The 8 professional staffing & HR solutions stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 0.8% while next quarter's revenue guidance was 0.7% below. While some professional staffing & HR solutions stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4.2% since the latest earnings results. Born from a corporate spinoff in 2017 to focus on employee experience technology, Alight (NYSE:ALIT) provides human capital management solutions that help companies administer employee benefits, payroll, and workforce management systems. Alight reported revenues of $548 million, down 2% year on year. This print exceeded analysts' expectations by 1.2%. Overall, it was a strong quarter for the company with an impressive beat of analysts' EPS guidance for next quarter estimates and full-year revenue guidance meeting analysts' expectations. 'Our first quarter performance met expectations and we are off to a strong start to the year,' said CEO Dave Guilmette. Alight delivered the weakest full-year guidance update of the whole group. Interestingly, the stock is up 6.4% since reporting and currently trades at $5.57. Is now the time to buy Alight? Access our full analysis of the earnings results here, it's free. Processing approximately 100 million background checks annually across more than 200 countries and territories, First Advantage (NASDAQ:FA) provides employment background screening, identity verification, and compliance solutions to help companies manage hiring risks. First Advantage reported revenues of $354.6 million, up 109% year on year, outperforming analysts' expectations by 2.9%. The business had an exceptional quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' full-year EPS guidance estimates. First Advantage achieved the fastest revenue growth and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 5.6% since reporting. It currently trades at $15.81. Is now the time to buy First Advantage? Access our full analysis of the earnings results here, it's free. With roots dating back to 1948 as the first specialized recruiting firm for accounting and finance professionals, Robert Half (NYSE:RHI) provides specialized talent solutions and business consulting services, connecting skilled professionals with companies across various fields. Robert Half reported revenues of $1.35 billion, down 8.4% year on year, falling short of analysts' expectations by 4.3%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Robert Half delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 12% since the results and currently trades at $40.88. Read our full analysis of Robert Half's results here. With nearly 60 years of matching skilled professionals with the right opportunities, Kforce (NYSE:KFRC) is a professional staffing company that specializes in placing technology and finance experts with businesses on both temporary and permanent bases. Kforce reported revenues of $330 million, down 6.2% year on year. This number lagged analysts' expectations by 1%. Overall, it was a softer quarter as it also produced a miss of analysts' EPS estimates. The stock is down 3.2% since reporting and currently trades at $41.29. Read our full, actionable report on Kforce here, it's free. Founded during the post-World War II economic boom when businesses needed temporary workers, ManpowerGroup (NYSE:MAN) connects millions of people to employment opportunities through its global network of staffing, recruitment, and workforce management services. ManpowerGroup reported revenues of $4.09 billion, down 7.1% year on year. This print topped analysts' expectations by 2.9%. More broadly, it was a slower quarter as it logged a significant miss of analysts' EPS estimates. The stock is down 18.2% since reporting and currently trades at $40.47. Read our full, actionable report on ManpowerGroup here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. 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
Yahoo
27-06-2025
- Business
- Yahoo
2 Reasons to Like CECO and 1 to Stay Skeptical
CECO Environmental has been treading water for the past six months, recording a small return of 4% while holding steady at $30.66. Is now the time to buy CECO? Or does the price properly account for its business quality and fundamentals? Find out in our full research report, it's free. With roots dating back to 1869 and a focus on creating cleaner industrial operations, CECO Environmental (NASDAQ:CECO) provides technology and expertise that helps industrial companies reduce emissions, treat water, and improve energy efficiency across various sectors. Reviewing a company's long-term sales performance reveals insights into its quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Luckily, CECO Environmental's sales grew at an excellent 12.6% compounded annual growth rate over the last five years. Its growth surpassed the average business services company and shows its offerings resonate with customers. Adjusted operating margin is an important measure of profitability as it shows the portion of revenue left after accounting for all core expenses – everything from the cost of goods sold to advertising and wages. It's also useful for comparing profitability across companies because it excludes non-recurring expenses, interest on debt, and taxes. CECO Environmental's adjusted operating margin rose by 10.8 percentage points over the last five years, as its sales growth gave it immense operating leverage. Its adjusted operating margin for the trailing 12 months was 14.7%. We track the long-term change in earnings per share (EPS) because it highlights whether a company's growth is profitable. CECO Environmental's EPS grew at a weak 2.7% compounded annual growth rate over the last five years, lower than its 12.6% annualized revenue growth. This tells us the company became less profitable on a per-share basis as it expanded. CECO Environmental's positive characteristics outweigh the negatives, but at $30.66 per share (or 23.3× forward P/E), is now the time to initiate a position? See for yourself in our in-depth research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. 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-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
Bloomberg
23-06-2025
- Business
- Bloomberg
Range Intelligent Is Said to Explore Second Listing in Hong Kong
Range Intelligent Computing Technology Group Co., a Chinese data center business services provider, is considering a second listing in Hong Kong, according to people familiar with the matter. The company has held initial talks with prospective advisers about a share sale, the people said, asking not to be identified because the discussions are private.
Yahoo
29-05-2025
- Business
- Yahoo
APi Group Announces Upcoming Participation in Baird's 2025 Global Consumer, Technology & Services Conference and the William Blair 45th Annual Growth Stock Conference
NEW BRIGHTON, Minn., May 29, 2025--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) ("APi" or the "Company") today announced that its senior leadership will be participating in a fireside chat during the William Blair 45th Annual Growth Stock Conference on Thursday, June 5th at 11:20 a.m. CT. The live webcast link and archived replay will be available in the "Events" area on the Investor Relations page of APi's website at Interested parties should check the Company's website for any schedule updates or time changes. The Company's senior leadership will also be participating in Baird's 2025 Global Consumer, Technology & Services Conference on Tuesday, June 3rd. About APi: APi is a global, market-leading business services provider of fire and life safety, security, elevator and escalator, and specialty services with a substantial recurring revenue base and over 500 locations worldwide. APi provides statutorily mandated and other contracted services to a strong base of long-standing customers across industries. We have a winning leadership culture driven by entrepreneurial business leaders to deliver innovative solutions for our customers. More information can be found at View source version on Contacts Investor Relations and Media Inquiries: Adam FeeVice President of Investor RelationsTel: +1 651-240-7252Email: investorrelations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Ascentium Expands Network of Local Expertise Across Asia, Launching Centre of Excellence in Malaysia
SINGAPORE, May 27, 2025 /PRNewswire/ -- Ascentium, a leading global business services platform headquartered in Singapore, has announced the launch of Ascentium Max, a new Centre of Excellence (CoE) in Kuala Lumpur. This state-of-the-art shared service centre is designed to optimise key internal operations and support the company's growth across Asia, as well as plans to expand into additional emerging markets. Lennard Yong, Founding Management and Group CEO of Ascentium, shared his thoughts on the launch: "Strategically located in Kuala Lumpur, the establishment of Ascentium Max is a significant step forward in our commitment to operational excellence and regional growth. This Centre of Excellence will serve as a cornerstone for our expansion plans into new markets and play a pivotal role in Ascentium's Asia Pacific operations, ensuring seamless transition while offering scalable support for future business needs." Centralised Expertise Driving Operational Excellence Across AsiaOperating as a non-client-facing shared service hub, Ascentium Max consolidates key processes to enhance operational effectiveness, serving as a hub for specialised expertise and best practices. It supports various branches and entities of the Group by enabling our businesses across the Asia Pacific region to focus on strategic priorities while ensuring essential backend operations are seamlessly managed. Comprehensive Service Portfolio Ascentium Max is staffed by a team of highly skilled professionals with expertise across several critical business functions, including: Company Secretarial Services – Ensuring compliance and governance management. Know Your Customer (KYC) – Standardising client verification and due diligence. Accounting and Tax Services – Providing accurate financial and tax reporting and oversight. Payroll Processing – Streamlining workforce management. By centralising these key functions, Ascentium Max delivers substantial benefits, including: Enhanced Efficiency – Streamlining workflows for faster turnarounds with the latest technology and tools. Improved Accuracy – Reducing errors and strengthening data integrity. Cost Optimisation – Achieving economies of scale and reducing redundancies. Consistent Quality – Maintaining uniform adherence to best practices. Scalability – Preparing for future business expansion. About Ascentium Ascentium is a leading global business services platform dedicated to helping businesses scale greater heights. Headquartered in Singapore, we empower extraordinary growth through specialised expertise and comprehensive one-stop solutions in corporate services, finance and accounting, HR services, and fiduciary and trust services. Our team of 2,300+ professionals spans 44 cities across 22 markets in Asia-Pacific, the Middle East, the Americas, and Europe, serving 50,000+ client entities across diverse industries. Through innovative, technology-enabled solutions and a collaborative approach, Ascentium drives transformative growth, helping clients navigate complex global environments. For more information, please visit View original content to download multimedia: SOURCE Ascentium 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
