Key Insights The considerable ownership by retail investors in ElringKlinger indicates that they collectively have a greater say in management and business strategy 52% of the business is held by the top 3 shareholders 38% of ElringKlinger is held by Institutions To get a sense of who is truly in control of ElringKlinger AG (ETR:ZIL2),… Continue reading Institutions own 38% of ElringKlinger AG (ETR:ZIL2) shares but retail investors control 42% of the company
Author: Yarhow_Finance Online News
Philippe Laffont Stock Portfolio: 10 Top Stock Picks
In this article, we discuss Philippe Laffont and his top 10 stock picks. If you want to read about some more stocks in the Laffont portfolio, go directly to Philippe Laffont Stock Portfolio: 5 Top Stock Picks. Technology-focused hedge funds with big positions in firms like NVIDIA Corporation (NASDAQ:NVDA), Meta Platforms, Inc. (NASDAQ:META), and Amazon.com,… Continue reading Philippe Laffont Stock Portfolio: 10 Top Stock Picks
An Intrinsic Calculation For BorgWarner Inc. (NYSE:BWA) Suggests It’s 40% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, BorgWarner fair value estimate is US$57.47 Current share price of US$34.52 suggests BorgWarner is potentially 40% undervalued Our fair value estimate is 23% higher than BorgWarner’s analyst price target of US$46.55 Today we’ll do a simple run through of a valuation method used to… Continue reading An Intrinsic Calculation For BorgWarner Inc. (NYSE:BWA) Suggests It’s 40% Undervalued
Here’s Why Autoliv, Inc. (ALV) is a Strong Value Stock
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.… Continue reading Here’s Why Autoliv, Inc. (ALV) is a Strong Value Stock
Adient will participate in the Barclays Global Automotive and Mobility Tech Conference
PLYMOUTH, Mich., Nov. 22, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, will participate in the Barclays Global Automotive and Mobility Conference on Thursday, Nov. 30, 2023. Adient’s executive vice president and CFO Jerome Dorlack will be participating in a fireside chat at 10:50 a.m. Eastern time. A live webcast of… Continue reading Adient will participate in the Barclays Global Automotive and Mobility Tech Conference
Ford Downsizes Plan for Michigan Battery Factory, Citing Slower EV Demand
Ford Motor is moving forward on construction of a battery plant in Michigan but at a reduced size from original plans, citing a pullback in the outlook for future electric-vehicle demand. Ford in September paused work on the factory, in Marshall, Mich. At the time, the company said it was reassessing its ability to competitively… Continue reading Ford Downsizes Plan for Michigan Battery Factory, Citing Slower EV Demand
CATL and Stellantis Sign Strategic MoU for the Local Supply of LFP Batteries for European Market
The MoU outlines joint development of a state-of-the-art technology roadmap and future battery value chain opportunities CATL and Stellantis are considering the possibility of a joint investment in the form of a joint venture with equivalent contributions Stellantis aims to leverage lithium iron phosphate (LFP) batteries to power its European electric vehicle production, supporting its aggressive… Continue reading CATL and Stellantis Sign Strategic MoU for the Local Supply of LFP Batteries for European Market
Reasons Why You Should Retain Lear (LEA) in Your Portfolio
Lear Corporation LEA to benefit from the M&N Plastics, Kongsberg, Xevo and IGB buyouts. However, ramping up investments in research and development (R&D) and technology, and increases in hourly wages are concerning. The Zacks Consensus Estimate for Lear’s 2024 revenues and earnings per share is pegged at $23.28 billion and $12.02, respectively, implying a rise… Continue reading Reasons Why You Should Retain Lear (LEA) in Your Portfolio
There Are Reasons To Feel Uneasy About Knorr-Bremse’s (ETR:KBX) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it’s a business that is reinvesting profits at increasing rates of… Continue reading There Are Reasons To Feel Uneasy About Knorr-Bremse’s (ETR:KBX) Returns On Capital
Dana Incorporated to Participate in BofA Securities Leveraged Finance Conference and Barclays Global Automotive and Mobility Tech Conference
MAUMEE, Ohio, Nov. 21, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the BofA Securities Leveraged Finance Conference on Nov. 28, 2023. Beginning at 8:50 a.m. EST, Dana’s Vice President and Treasurer John Geddes will join in a fireside chat for approximately 30 minutes. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) Dana will also… Continue reading Dana Incorporated to Participate in BofA Securities Leveraged Finance Conference and Barclays Global Automotive and Mobility Tech Conference