PNM Resources, Inc.’s (PNM Quick QuotePNM ) strategic infrastructure-related investments and efforts to provide reliable and affordable clean power will enhance its existing performance. Also, the company’s adequate liquidity will allow it to meet its debt obligations.
The company has a trailing four-quarter earnings surprise of 8.53%, on average. Its long-term (three-five years) earnings growth rate is pegged at 5.18%. In the past year, shares of this presently Zacks Rank #3 (Hold) company have gained 14.1%, outperforming the industry’s rise of 12.6%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
One-Year Price Performance
Image Source: Zacks Investment Research
What’s Driving the Stock?
PNM Resources continues to invest substantially in its utility assets for providing reliable services to its customers. The company plans to invest $3.98 billion during the 2021-2025 forecast period, which will help it enhance its earnings.
In New Mexico, the utility received approvals from both the Federal Energy Regulatory Commission and the New Mexico Public Regulation Commission to acquire the Western Spirit Transmission Line. Construction of the project started at the beginning of this year. We note that the company will play an important role with its expanding transmission assets in the region.
The utility is also steadily taking measures to increase its renewable and battery storage capacity, thus moving toward clean energy. To this end, PNM Resources is focused on exiting coal-fired generation by 2024 and targets an emission-free portfolio by 2040 to bring cleaner energy sources to its production portfolio. The goal of the company is to become carbon neutral before 2045. Also, it plans to replace 114 MW of leased capacity at the Palo Verde Nuclear Generating Station with solar and storage resources. Other utilities like Duke Energy (DUK Quick QuoteDUK ) , DTE Energy (DTE Quick QuoteDTE ) and Xcel En! ergy (XEL Quick QuoteXEL ) are too making efforts to supply clean energy.
The company boasts sufficient liquidity to meet its near-term obligations and fund capital investments despite the ongoing economic crisis.
Top Clean Energy Stocks For 2022: Model N, Inc.(MODN)
Model N, Inc., incorporated on December 14, 1999, is a provider of revenue management cloud solutions for life science and technology companies. The Company’s solutions enable its customers to manage revenue compliance risk. The Company’s solutions include Revenue Enterprise Cloud, Revenue Intelligence Cloud and Revvy. The Company provides solutions that span the organizational and operational boundaries of functions, such as sales, marketing and finance, and serve as a system of record for revenue management processes, including pricing, contracts, rebates, incentives and regulatory compliance. The Company’s application suites are designed to work with enterprise resource planning (ERP) and customer relationship management (CRM) applications. Its applications also provide customers predictive revenue insight, optimization of sales and marketing investments and offers, and customer profitability intelligence. The Company also offers implementation services, managed services, strategic services and customer support.
Revenue Enterprise Cloud
The Company’s Revenue Enterprise Cloud is a suite of enterprise applications, which automates various end-to-end revenue management processes. Its suite includes various applications, such as Price Management, to manage the entire pricing lifecycle from price strategy to execution and implement pricing rules and guidelines to enforce pricing consistency across geographies and transactions; Deal Management, to develop and optimize deals and contracts by integrating lead and opportunity tracking, offer development, pricing and contract compliance; Contract Management, to manage execution of pricing and incentives strategies on contracts, capture and enforce pricing policies, and also manage the entire contract lifecycle from offer development to contract compliance; Incentive and Rebate Management, to enable the management of a range of customer and channel incentives, such as healthcare provider rebates, managed care rebates, wholesaler char! gebacks and inventory management agreements, by monitoring, processing, calculating and approving the payment of incentives based on contract terms, direct and indirect sales, product utilization, customer eligibility, and other internal and external performance data, and Regulatory Compliance Management, to enforce compliance with statutory and financial regulations and their revenue recognition policies by calculating and reporting mandatory government prices, such as Average Manufacturer Price, Best Price and Non-Federal Average Manufacturer’s Price, as well as process and pay government claims for Medicaid, Tricare, and other mandated federal and state healthcare programs. The Company offers customers to purchase its Revenue Enterprise Cloud either as a suite or as separate standalone applications.
Revenue Intelligence Cloud
The Company’s Revenue Intelligence Cloud is a suite of revenue management business intelligence applications. Its Revenue Intelligence Cloud’s set of applications provides the analytical tools insights to define and optimize revenue management strategies. Its suite includes Price Analytics, Brand Analytics, Channel Analytics, Managed Markets Analytics and Global Pricing Market Analytics. The Company offers customers to purchase its Revenue Intelligence Cloud either as a suite or as separate stand-alone applications.
Revvy
The Company’s Revvy is a suite of software-as-service (SaaS)-based applications built on the Salesforce1 Platform from salesforce.com, designed to automate the end to end revenue management lifecycle. The Company partners with salesforce.com to deliver applications built on the Salesforce1 Platform for the pharmaceutical, manufacturing, medical devices, and semiconductor and component manufacturing industries. The Company’s Revvy suite includes products, such as Configure, Price and Quote (CPQ), Global Price Management (GPM) and Sales. Revvy CPQ streamlines the quote to contract process by enabling the configu! ration of! services, bundles and solutions in an intuitive user interface. Revvy Global Price Management can be used to optimize pricing and product launch decisions, and satisfy regulatory reporting requirements across countries by analyzing internal and external pricing data in a timely manner and by fostering a global pricing collaboration. Revvy Sales provides sales management a consolidated view of their sales funnel with analytical capabilities to assess funnel trends and drill through by customers, products, geographies or people.
The Company competes with SAP AG and Oracle Corporation.
Advisors’ Opinion:
- [By ]
Finally, there’s Model N (NYSE: MODN). My long-time readers might remember this revenue management cloud company for the life sciences and technology businesses: we sold its shares a year ago almost to the day, for a gain of 30% in about six months. I like MODN’s business, and with long-term projected growth of 44%, now might be the time to revisit the shares. If you’re a subscriber to Game-Changing Stocks, stay tuned…
- [By ]
Finally, there’s Model N (NYSE: MODN). My long-time readers might remember this revenue management cloud company for the life sciences and technology businesses: we sold its shares a year ago almost to the day, for a gain of 30% in about six months. I like MODN’s business, and with long-term projected growth of 44%, now might be the time to revisit the shares. If you’re a subscriber to Game-Changing Stocks, stay tuned…
- [By Motley Fool Transcribers]
Model N Inc (NYSE:MODN)Q12019 Earnings Conference CallFeb. 05, 2019, 5:00 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Top Clean Energy Stocks For 2022: AECOM(ACM)
AECOM, formerly AECOM Technology Corporation, incorporated on January 31, 1980, designs, builds, finances and operates infrastructure assets for governments, businesses and organizations around the world. The Company provides program and facilities management and maintenance, training, logistics, consulting, technical assistance, and systems integration and information technology (IT) services. The Company operates through three segments: Design and Consulting Services (DCS), Construction Services (CS) and Management Services (MS). The Company’s clients consist primarily of national, state, regional and local governments, public and private institutions, and corporations. In addition, the Company formed AECOM Capital, an investment fund to invest in public-private partnership (P3) and private-sector real estate projects for which it provides an integrated solution that includes equity capital, design, engineering and construction services.
Design and Consulting Services Segment
The Company’s DCS segment provides planning, consulting, architectural and engineering design, and program and construction management services to commercial and government clients across the world in various end markets. The DCS segment comprises an array of services, generally provided on a fee-for-service basis. For each of its services, the Company’s technical expertise includes civil, structural, process, mechanical, geotechnical systems and electrical engineering, architectural, landscape and interior design, urban and regional planning, project economics, cost consulting and environmental, health and safety work.
The Company provides services in DCS segment both directly and through joint ventures or similar partner arrangements to end markets or business sectors, such as transportation, including transit and rail, aviation, marine, ports and harbors, as well as highways, bridges and tunnels; facilities, including government, industrial, urban master planning/design, commercial and ! leisure facilities, educational, healthcare and correctional; environmental, including water and wastewater, environmental management and water resources, and energy/power, including demand side management, transmission and distribution, alternative/renewable energy, hydropower/dams and solar.
Construction Services Segment
The Company’s CS segment provides construction, program and construction management services, including building construction and energy, infrastructure and industrial construction, primarily in the Americas. It provides services in CS segment both directly and through joint ventures or similar partner arrangements, to end markets and business sectors, such as building, including performance venues, modern office towers, meeting and exhibition spaces, sports arenas, education facilities, mass transit terminals and data centers; energy, including fossil fuel power generating facilities, nuclear power generating facilities, hydroelectric power generating facilities, transmission and distribution systems, emissions control systems, as well as alternative and renewable energy sources, including biomass, geothermal, solar energy and wind systems; infrastructure and industrial, including highways, airports, rail and other transit projects; maritime and terminal facilities; dams, water and waste water projects; biotechnology and pharmaceutical research laboratories, pilot plants and production facilities; petrochemical, specialty chemical and polymer facilities; consumer products, and food and beverage production facilities; automotive and other manufacturing facilities, and mines and mining facilities.
Management Services Segment
The Company, through its MS segment, is a contractor to the United States Federal Government. It serves a range of government departments and agencies, including the Department of Defense (DOD), the Department of Energy (DOE) and other United States federal agencies. It also serves departments and agencies of othe! r nationa! l governments, such as the United Kingdom Nuclear Decommissioning Authority (NDA) and the United Kingdom Ministry of Defense.
The Company provides a range of services in MS segment, both directly and through joint ventures or similar partner arrangements, including operation and maintenance of complex government installations, including military bases and test ranges; network and communications engineering, software engineering, IT infrastructure design and implementation, cyber defense and cloud computing technologies; deactivation, decommissioning and disposal of nuclear weapons stockpiles and other nuclear waste; management and operations and maintenance services for complex DOE and NDA programs and facilities; testing and development of new components and platforms, as well as engineering and technical support for the modernization of aging weapon systems, and logistics support for government supply and distribution networks, including warehousing, packaging, delivery and traffic management.
The Company’s other services include acquisition support for new weapons platforms; maintenance planning to extend the service life of weapons systems and other military equipment; maintenance, modification and overhaul of military aircraft and ground vehicles; safety analyses for high-hazard facilities and licensing for DOE sites; threat assessments of public facilities and the development of force protection and security systems; planning and conducting emergency preparedness exercises; first responder training for the military and other government agencies; management and operations and maintenance of chemical agent and chemical weapon disposal facilities; installation of monitoring technology to detect the movement of nuclear and radiological materials across national borders; planning, design and construction of aircraft hangars, barracks, military hospitals and other government buildings, and environmental remediation and restoration for the redevelopment of military bases and oth! er govern! ment installations.
Advisors’ Opinion:
- [By Ethan Ryder]
Aecom (NYSE:ACM) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday.
- [By Joseph Griffin]
Actinium (CURRENCY:ACM) traded flat against the U.S. dollar during the 24-hour period ending at 22:00 PM Eastern on October 4th. One Actinium coin can now be purchased for about $0.0237 or 0.00000361 BTC on major cryptocurrency exchanges including TradeOgre and Crex24. In the last week, Actinium has traded flat against the U.S. dollar. Actinium has a market capitalization of $0.00 and approximately $585.00 worth of Actinium was traded on exchanges in the last day.
- [By Logan Wallace]
Aecom (NYSE:ACM) – Research analysts at KeyCorp issued their FY2018 earnings per share estimates for shares of Aecom in a report released on Wednesday, August 8th. KeyCorp analyst T. Afzal expects that the construction company will earn $2.72 per share for the year. KeyCorp also issued estimates for Aecom’s Q4 2018 earnings at $0.87 EPS, FY2019 earnings at $3.10 EPS and FY2020 earnings at $3.53 EPS.
Top Clean Energy Stocks For 2022: WD-40 Company(WDFC)
WD-40 Company, incorporated on October 22, 1999, is a global consumer Products Company. As of August 31, 2012, the Companys products included WD-40 Smart Straw, WD-40 Trigger Pro, 3-IN-ONE Professional Garage Door Lube, Spot Shot Pet Clean which is a non-aerosol Spot Shot trigger product, and a mildew stain remover under the X-14 brand. In addition, its WD-40 Specialist product line, consists of certain specialty maintenance products. The Companys three geographical segments are: the Americas, Europe and Asia-Pacific. The Company sells its products primarily through mass retail and home center stores, warehouse club stores, grocery stores, hardware stores, automotive parts outlets and industrial distributors and suppliers. During the fiscal year ended August 31, 2012, the Company formed WD-40 Bike Company LLC, focused on the development of a line of bicycle maintenance products for cyclists and mechanics.
Multi-Purpose Maintenance Products
The WD-40 brand is a multi-purpose maintenance product and is sold as an aerosol spray, a non-aerosol trigger spray and in liquid form through mass retail stores, hardware stores, warehouse club stores, automotive parts outlets and industrial distributors and suppliers. WD-40 products are sold worldwide in markets, such as North, Central and South America, Asia, Australia and the Pacific Rim, Europe, the Middle East and Africa. WD-40 products has a range of consumer uses in household, marine, automotive, construction, repair, sporting goods and gardening applications, in addition to numerous industrial applications. The 3-IN-ONE brand consists of multi-purpose drip oil and spray lubricant products, as well as other specialty maintenance products. The drip oil is an entry-level lubricant with spout options that allow applications for small mechanisms and assemblies, tool maintenance and threads on screws and bolts. It also has industrial applications in areas, such as locksmithing, HVAC, marine, farming, construction and jewelry manufa! cturing. In addition to the drip oil line of products, the 3-IN-ONE brand also includes a line of products known as 3-IN-ONE Professional, which is a line of multi-purpose maintenance products. 3-IN-ONE products are sold in the United States, Europe, Canada, Latin America, Australia and Asia.
The Blue Works brand consists of a line of industrial grade, specialty maintenance products that include lubricants, penetrants, degreasers and cleaners designed specifically for the needs of industrial users. Blue Works products were launched in the United States in selected markets in Europe and are sold through the industrial channel. WD-40 Specialist consists of a line of specialty problem solving products that include penetrants, water resistant degreaser silicone sprays, corrosion inhibitors and rust removers that are aimed at the current users of the WD-40 brand.
Homecare and Cleaning Products
The X-14 brand is a line of products designed for cleaning needs. X-14 is sold as a liquid mildew stain remover and two types of automatic toilet bowl cleaners. X-14 is sold in the United States through grocery and mass retail channels. The 2000 Flushes brand is a line ofLong-lasting automatic toilet bowl cleaners, which includes a variety of formulas. 2000 Flushes is sold in the United States and Canada through grocery and mass retail channels. The Carpet Fresh brand is a line of room and rug deodorizers sold as powder, aerosol foam and trigger spray products. Carpet Fresh is sold through grocery and mass retail channels in the United States, United Kingdom and Australia. In the United Kingdom, Carpet Fresh is sold under the 1001 brand name. In Australia, Carpet Fresh is sold under the No Vac brand name.
The Spot Shot brand is sold as an aerosol carpet stain remover and a liquid trigger carpet stain and odor eliminator. The brand also includes products, such as Spot Shot Instant Carpet Stain & Odor Eliminator and Spot Shot Pet Clean, which are non-toxic and biodegrad! able. Spo! t Shot products are sold through grocery and mass retail channels, warehouse club stores and hardware and home center stores in the United States and Canada. Spot Shot products are also sold in the United Kingdom under the 1001 brand name. The 1001 brand includes carpet and household cleaners and rug and room deodorizers, which are sold through mass retail, grocery and home center stores in the United Kingdom. The Lava and Solvol brands consist of heavy-duty hand cleaner products, which are sold in bar soap and liquid form through hardware, grocery, industrial, automotive and mass retail channels. Lava is sold in the United States, while Solvol is sold in Australia.
Advisors’ Opinion:
- [By Garrett Baldwin]
“Federal Rent Checks”: Thanks to an obscure law, over 100 government agencies are required to pay rent. By following a simple investment strategy, you could receive checks of up to $1,795 every month. Read more…
Netflix Inc. (NASDAQ: NFLX) is in talks to purchase the famous Hollywood Egyptian Theater in Los Angeles. The move is seen as an effort by the global streaming giant to curry favor with the more traditional side of the film industry. Certain trade organizations are demanding that films must be screened in movie theaters to qualify for awards. Ride-sharing giant Uber is in the works to raise $10 billion through an IPO. According to reports, the firm has aimed for a $100 billion valuation, which would make it the largest IPO of the year. However, the market’s appetite for risk in this sector remains uncertain. Rival Lyft Inc. (NASDAQ: LYFT), which went public on March 29, has seen shares fall 6.3% from its $72 IPO price. Today, look for more earnings reports from WD-40 Co.(NASDAQ: WDFC), Bed Bath & Beyond Inc. (NASDAQ: BBBY), and MSC Industrial Direct Co. Inc. (NYSE: MSM).
Claim Your Portion of This $11.1 Billion Money Pool: By following a few simple steps, one IRS directive could help set you up to receive checks of up to $1,795 every single month. Hordes of Americans have already signed their names to the distribution list – and the longer you wait, the greater your risk of missing out on this powerful investment. Click here for more details.
- [By Motley Fool Transcribing]
WD-40 (NASDAQ:WDFC) Q2 2019 Earnings CallApril 9, 2019 5:00 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:
Operator
- [By Motley Fool Transcribers]
WD-40 Co (NASDAQ:WDFC)Q22019 Earnings CallApril 09, 2019, 5:00 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Top Clean Energy Stocks For 2022: Blackrock Core Bond Trust(BHK)
BlackRock Core Bond Trust (the Trust) is a diversified closed-end management investment company. The Trust’s objective is to provide high current income together with capital appreciation. The Trust will invest at least 75% of its total assets in bonds that are investment-grade quality, or determined by BlackRock, Inc. (BlackRock) to be of equivalent credit quality at the time of purchase. It may invest up to 25% of its total assets in bonds that are rated, at the time of investment, Ba/BB or below by Moody’s Investors Service, Standard & Poor’s or Fitch Ratings, or that are unrated but judged to be of comparable quality by BlackRock.
The Trust’s portfolio includes mortgage pass-through securities, taxable municipal bonds, corporate bonds, agency and non-agency multiple class mortgage pass-through securities, inverse floating rate mortgage securities, asset-backed securities, commercial mortgage-backed securities, the United States Government and Agency securities, and foreign government bonds. Its investment advisor is BlackRock Advisors, LLC.
Advisors’ Opinion:
- [By Shane Hupp]
BlackRock Core Bond Trust (NYSE:BHK) announced a monthly dividend on Monday, March 4th, Wall Street Journal reports. Investors of record on Friday, March 15th will be given a dividend of 0.065 per share by the investment management company on Friday, March 29th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date of this dividend is Thursday, March 14th.
Top Clean Energy Stocks For 2022: Dropbox, Inc.(DBX)
Dropbox, Inc. provides a collaboration platform worldwide. Its platform allows individuals, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. As of December 31, 2020, the company had approximately 700 million registered users across 180 countries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
Advisors’ Opinion:
- [By ]
Solana is widely considered to be a solid, up-and-coming project. Founded by former engineers from Qualcomm Inc. (NASDAQ: QCOM) and Dropbox Inc. (NASDAQ: DBX), it has quickly established itself among the platform cryptocurrencies.
- [By Tezcan Gecgil]
CRNC stock is up more than 8% YTD. The company’s forward price-earnings (P/E) and price-sales (P/S) ratios are 39.22 and 11.39, respectively. Given the potential for secular growth, interested investors should keep the shares on their radar screen with a view to buy for long-term portfolios.
Cloud Stocks to Buy: Dropbox (DBX)
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Dropbox (DBX)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Clean Energy Stocks For 2022: CASI Pharmaceuticals, Inc.(CASI)
CASI Pharmaceuticals, Inc., a biopharmaceutical company, acquires, develops, and commercializes therapeutics addressing cancer and other unmet medical needs in North America and China. The companys lead drug candidate is ENMD-2076, an Aurora A and angiogenic kinase inhibitor for the treatment of cancer, which has completed Phase I clinical trial in various different solid tumor cancers, including ovarian, breast, liver, renal, and sarcoma, as well as in leukemia and multiple myeloma; and that has also completed a Phase II clinical trial in advanced ovarian cancer. It also develops late-stage clinical drug candidates, such as ZEVALIN injection for intravenous use; MARQIBO, a microtubule inhibitor for the treatment of adult patients with Philadelphia chromosome-negative acute lymphoblastic leukemia; and CE Melphalan, a formulation of melphalan. The company was formerly known as EntreMed, Inc. and changed its name to CASI Pharmaceuticals, Inc. in June 2014. CASI Pharmaceuticals, Inc. was founded in 1991 and is headquartered in Rockville, Maryland.
