Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how EDENRED (EDNMY) and INTERTEK GP (IKTSY) have performed compared to their sector so far this year.
Q1 revenue growth was 7.1% on a like-for-like basis, helped by strong growth in its Beyond Food and Beyond Fuel segments. I expect mid-single digit organic earnings growth in the medium term, with additional upside potential from acquisitions. Shares are attractively valued at 7.9 times FCF, representing a large discount versus relevant peers.
Edenred SE (OTC:EDNMF) Q1 2025 Sales/Trading Statement Call April 16, 2025 2:30 AM ET Company Participants Bertrand Dumazy - Chairman and CEO Cedric Appert - IR Conference Call Participants Andre Juillard - Deutsche Bank Ed Young - Morgan Stanley Justin Forsythe - UBS Pravin Gondhale - Barclays Simona Sarli - Bank of America Josh Levin - Autonomous Research Hannes Leitner - Jefferies Operator Hello, and welcome to Edenred Q1 2025 Revenue Conference Call. My name is Rushdie, and I'll be your coordinator for today's event.
Here is how EDENRED (EDNMY) and INTERTEK GP (IKTSY) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how EDENRED (EDNMY) and Spotify (SPOT) have performed compared to their sector so far this year.
Edenred SE (OTC:EDNMF) Q4 2024 Earnings Conference Call February 18, 2025 2:30 AM ET Company Participants Bertrand Dumazy - Chairman and CEO Julien Tanguy - Chief Financial Officer Conference Call Participants Ed Young - Morgan Stanley Justin Forsythe - UBS Hannes Leitner - Jefferies Sabrina Blanc - Bernstein Pravin Gondhale - Barclays Josh Levin - Autonomous Research Bertrand Dumazy [Started Abruptly] It's going to be a presentation of about 50 minutes and then Julien, the CFO of the Group and myself will be happy to answer any question you may have for the remaining 40 minutes. It means that this presentation will end at 10 a.m.
Edenred SE offers a conservative upside of 15-16% with high safety ratings, making it an attractive investment for long-term growth. Despite challenges, Edenred's fundamentals are solid, with double-digit revenue growth and a strong track record in both organic and inorganic expansion. The company's current valuation is significantly undervalued at below 15x P/E, presenting a substantial upside potential, even with regulatory risks in Italy.
EDENRED (EDNMY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Despite a 10% drop, I doubled down on Edenred due to its strong fundamentals, undervaluation, and continued growth, especially in underpenetrated markets. The 3Q24 decline is an overreaction to a potential Italian regulation impacting meal voucher fees, which I believe has limited long-term impact. Edenred's valuation is highly attractive, trading at half its typical P/E, with a strong dividend yield and significant upside potential even under conservative estimates.