Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

The S&amp;P 500 and Nasdaq 100 are within striking distance of all-time highs and we believe breakouts are on the horizon. Overall, our outlook remains bullish and we recommend adding exposure on pullbacks. In today’s report we highlight attractive Groups and stocks within Discretionary, Materials, and Manufacturing.

The S&amp;P 500 and Nasdaq 100 are within striking distance of all-time highs and we believe breakouts are on the horizon. Overall, our outlook remains bullish and we recommend adding exposure on pullbacks. In today’s report we highlight attractive Groups and stocks within Discretionary, Materials, and Manufacturing.

U.S. Equity Strategy: Breakouts On The Horizon

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Richard Howe

Founder at Stock Spin-off Investing

Stock Spin-Off Investing

Generate attractive returns by taking advantage of inefficiencies in the stock spin-off market.

Stock Spin-offs

Event-Driven

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Lionsgate reported a strong quarter on May 21, and the stock reacted well.
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Consensus expectations were thin and the year-over-year comparison is somewhat distorted by last year’s inclusion of Starz, but LION nonetheless delivered a clean top- and bottom-line beat.
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Results were driven by solid box-office performance from The Housemaid, with continued carryover from Now You See Me: Now You Don’t.
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Lionsgate reported a strong quarter on May 21, and the stock reacted well.


Consensus expectations were thin and the year-over-year comparison is somewhat distorted by last year’s inclusion of Starz, but LION nonetheless delivered a clean top- and bottom-line beat.


Results were driven by solid box-office performance from The Housemaid, with continued carryover from Now You See Me: Now You Don’t.



<ul><li>Brightstar Lottery reported earnings on May 12, delivering another solid quarter on an underlying basis.</li><li>Revenue was $587MM (+1% y/y) and adjusted EBITDA reached $287MM (+15% y/y), supported by 3.1% same-store sales growth in Italy, continued strength in iLottery (growing 20–30% y/y), and meaningful margin expansion to 48.9% from 42.8% as OPtiMa cost-savings initiatives took hold.</li><li>The company returned over $70MM to shareholders during the quarter through $30MM of buybacks and $42MM of dividends, maintained the quarterly dividend at $0.23 per share, and refinanced its revolver out to 2031 on improved terms.</li></ul>

Brightstar Lottery reported earnings on May 12, delivering another solid quarter on an underlying basis.Revenue was $587MM (+1% y/y) and adjusted EBITDA reached $287MM (+15% y/y), supported by 3.1% same-store sales growth in Italy, continued strength in iLottery (growing 20–30% y/y), and meaningful margin expansion to 48.9% from 42.8% as OPtiMa cost-savings initiatives took hold.The company returned over $70MM to shareholders during the quarter through $30MM of buybacks and $42MM of dividends, maintained the quarterly dividend at $0.23 per share, and refinanced its revolver out to 2031 on improved terms.

External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

Equity Bottom-Up

<ul><li>Enviri (NVRI) is an environmental services company undergoing a transformation to increase shareholder value</li><li>Despite being overleveraged with near-term earnings challenges, the company has long-term growth opportunities in the environmental sector</li><li>Insider buying and self-help initiatives are in progress, making now an opportune time to invest in the company.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Enviri (NVRI) is an environmental services company undergoing a transformation to increase shareholder valueDespite being overleveraged with near-term earnings challenges, the company has long-term growth opportunities in the environmental sectorInsider buying and self-help initiatives are in progress, making now an opportune time to invest in the company.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Enviri Corp (NVRI) - Sunday, Jun 16, 2024

United States

Enviri Corporation is an environmental solutions company. The Company offers solutions for complex environmental issues and serves large industries, including steel, railways, and energy. Enviri provides processing, treatment, disposal, and recycling solutions for a wide range of complex, highly recurring waste streams such as hazardous and non-hazardous waste.

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Enviri (NVRI US)

U.S. Equity Strategy: Breakouts On The Horizon

The S&P 500 and Nasdaq 100 are within striking distance of all-time highs and we believe breakouts are on the horizon. Our outlook remains bullish...

Vermilion Research

Weekly Update (LION, MGBL, OCTV)

Lionsgate reported a strong quarter on May 21, and the stock reacted well. Consensus expectations were thin and the year-over-year comparison is...

Richard Howe

Weekly Update (NVRI, STRZ, BRSL)

Brightstar Lottery reported earnings on May 12, delivering another solid quarter on an underlying basis. Revenue was $587MM (+1% y/y) and adjusted...

Richard Howe

Enviri Corp (NVRI) - Sunday, Jun 16, 2024

Despite being overleveraged with near-term earnings challenges, the company has long-term growth opportunities in the environmental sector

Value Investors Club (VIC)

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