Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>PACCAR, a leading American truck manufacturing company, showcased impressive performance in their fourth quarter 2023 earnings conference call.</li><li>The company reported record annual revenues of $35.1 billion and a net income of $4.6 billion, marking an impressive after-tax return on revenue of 13.1%.</li><li>This positive trend was primarily driven by record deliveries of the company's DAF, Kenworth and Peterbilt trucks, strong results in its parts division and consistent financial services performance.</li></ul>

PACCAR, a leading American truck manufacturing company, showcased impressive performance in their fourth quarter 2023 earnings conference call.The company reported record annual revenues of $35.1 billion and a net income of $4.6 billion, marking an impressive after-tax return on revenue of 13.1%.This positive trend was primarily driven by record deliveries of the company's DAF, Kenworth and Peterbilt trucks, strong results in its parts division and consistent financial services performance.

PACCAR Inc: Can The Newly Refreshed Product Lineup Change The Game? - Major Drivers

<ul><li>PACCAR managed to surpass the revenue and earnings expectations of Wall Street, with net income surging by 60% year-over-year to a historic $1.23 billion, accompanied by a 23% increase in revenues.</li><li>PACCAR Parts also played a pivotal role in the company's success, with third-quarter revenues reaching $1.58 billion and Parts pretax profits increasing by 10% to $412 million.</li><li>PACCAR Financial achieved an impressive pretax income of $134 million in the financial sector in the third quarter.</li></ul>

PACCAR managed to surpass the revenue and earnings expectations of Wall Street, with net income surging by 60% year-over-year to a historic $1.23 billion, accompanied by a 23% increase in revenues.PACCAR Parts also played a pivotal role in the company's success, with third-quarter revenues reaching $1.58 billion and Parts pretax profits increasing by 10% to $412 million.PACCAR Financial achieved an impressive pretax income of $134 million in the financial sector in the third quarter.

PACCAR Inc: Does The Battery Revolution Imply A Possible Investment Opportunity? - Major Drivers

<ul><li>PACCAR Inc. managed to exceed analyst expectations in terms of revenue and earnings.</li><li>PACCAR Parts reported double-digit revenue growth, accompanied by substantial pretax profit increases.</li><li>PACCAR Financial Services also contributed positively to the company's strong quarter, benefiting from an excellent portfolio and favorable used truck results.</li></ul>

PACCAR Inc. managed to exceed analyst expectations in terms of revenue and earnings.PACCAR Parts reported double-digit revenue growth, accompanied by substantial pretax profit increases.PACCAR Financial Services also contributed positively to the company's strong quarter, benefiting from an excellent portfolio and favorable used truck results.

Equity Capital Markets

<ul><li>This is our first report on the financial industry behemoth, MSCI.</li><li>The company is a provider of critical decision-support tools and services to the global investment industry.</li><li>Despite the lower growth in the ESG and Climate segment, MSCI still remains the best-in-class growth company within its peer group.</li></ul>

This is our first report on the financial industry behemoth, MSCI.The company is a provider of critical decision-support tools and services to the global investment industry.Despite the lower growth in the ESG and Climate segment, MSCI still remains the best-in-class growth company within its peer group.

MSCI Inc.: Initiation of Coverage – Slowdown In ESG & Climate Posing A Problem? – Key Drivers

<ul><li>PACCAR had a strong first quarter and the company achieved revenues and net income that were well above market expectations, driven by strong demand for trucks, parts, and financial services.</li><li>PACCAR’s management attributes this growth to its investments in new truck models, global expansion, and the strong performance of PACCAR Parts.</li><li>PACCAR Financial, the company's financial services arm, also had an excellent quarter, achieving a pretax income of $149 million, similar to the same quarter of last year.</li></ul>

PACCAR had a strong first quarter and the company achieved revenues and net income that were well above market expectations, driven by strong demand for trucks, parts, and financial services.PACCAR’s management attributes this growth to its investments in new truck models, global expansion, and the strong performance of PACCAR Parts.PACCAR Financial, the company's financial services arm, also had an excellent quarter, achieving a pretax income of $149 million, similar to the same quarter of last year.

United States

PACCAR Inc designs, develops, manufactures, and distributes light-, medium-, and heavy-duty trucks, and related aftermarket distribution of parts.  The Company also offers finance and leasing services to its customers and dealers.

Paccar Inc (PCAR US)

PACCAR Inc: Can The Newly Refreshed Product Lineup Change The Game? - Major Drivers

PACCAR, a leading American truck manufacturing company, showcased impressive performance in their fourth quarter 2023 earnings conference...

Baptista Research

PACCAR Inc: Does The Battery Revolution Imply A Possible Investment Opportunity? - Major Drivers

PACCAR managed to surpass the revenue and earnings expectations of Wall Street, with net income surging by 60% year-over-year to a historic $1.23...

Baptista Research

PACCAR Inc.: Road to Dominance: Profits

PACCAR Inc. managed to exceed analyst expectations in terms of revenue and earnings. PACCAR Parts reported double-digit revenue growth,...

Baptista Research

MSCI Inc.: Initiation of Coverage – Slowdown In ESG & Climate Posing A Problem? – Key Drivers

This is our first report on the financial industry behemoth, MSCI. The company is a provider of critical decision-support tools and services to...

Baptista Research

PACCAR Inc.: Renewed Growth

PACCAR had a strong first quarter and the company achieved revenues and net income that were well above market expectations, driven by strong...

Baptista Research