#bbbrating

@ilquaderno.bsky.social

4 months ago

Plures Alia, rating “BBB” da Standard & Poor’s FIRENZE (ITALPRESS) – Standard & Poor’s Global Ratings ha assegnato a Plures Alia il rating ‘BBB’ con outlook stabile. Il giudizio colloca Plures Alia nella fascia investment grade e conferma la solidità patrimonial...

È ACCADUTO IERI: Plures Alia, rating “BBB” da Standard & Poor’s ... LEGGI TUTTO #PluresAlia #Rating #BBBrating #StandardAndPoors #Firenze

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Profit Trading USA

@profittradingusa.bsky.social

9 months ago

Toll Brothers Inc. rating upgraded to ’BBB’ by S&P Global Ratings Investing.com -- S&P Global Ratings has upgraded the issuer credit rating of Fort Washington, PA-based Toll Brothers (NYSE:TOL) Inc. to ’BBB’ from ’BBB-’, citing the company’s solid credit metrics. The rating agency also raised its issue-level ratings on Toll Brothers’ senior unsecured debt to ’BBB’ from ’BBB-’ and assigned a ’BBB’ issue-level rating to Toll Brothers Finance Corp’s new senior notes due 2035. The upgrade reflects the company’s consistent improvement in sustaining debt leverage below 2x. Despite the U.S. housing market’s slower-than-expected pace due to rising mortgage rates, higher home prices, and reduced consumer sentiment from macroeconomic uncertainty, Toll Brothers has managed to maintain solid credit metrics. S&P Global Ratings forecasts a 3.5% increase in Toll Brothers’ consolidated revenue to $11.2 billion in 2025. However, the company’s EBITDA is expected to decline by about 7% to around $2.2 billion, with margins falling to about 19.5% from around 22% in 2024. The company’s net debt is expected to be about $1.7 billion in 2025, down from around $1.9 billion in 2024. S&P Global Ratings has also taken into account the current period of macroeconomic uncertainty due to the current administration’s policies around tariffs and immigration. U.S. tariffs have exceeded expectations in both size and scope, raising the downside risks to the current macroeconomic baseline. As a result, the probability of a recession has been increased to 30%-35% by S&P Global economists. Despite these challenges, the rating agency’s stress test of its 2025 forecast for EBITDA by 50% still resulted in an adjusted debt to EBITDA below the downside threshold of 2x. This gives a high level of confidence in the decision to upgrade Toll Brothers’ rating. The homebuilding industry is currently grappling with high input costs and tight labor conditions. Despite these challenges, Toll Brothers’ buyers, who generally have more disposable income, have supported earnings due to affordability being less of an issue. S&P Global Ratings believes that Toll Brothers could maintain debt to EBITDA below 1x over the next two years, benefiting from good cost control and lower net debt. These credit ratios provide a buffer against the inherent cyclicality of the homebuilding industry. However, the rating could be lowered if the company’s accessible cash balance decreases or if the company issues significant debt to fund aggressive land acquisitions, causing debt to EBITDA to rise above 2x or debt to capital to increase above 35% on a sustained basis. Conversely, the rating could be raised over the next 24 months if the housing market outperforms expectations, the company adheres to financial policies that strengthen and maintain debt to EBITDA well below 1x and debt to capital well below 20%, and Toll Brothers maintains above-average profitability relative to its peers in all market conditions. The rating could also be raised if Toll Brothers increases its size and scale relative to other BBB+ homebuilders. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Should you invest $2,000 in TOL right now? With TOL making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed TOL alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including TOL, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is TOL poised for similar growth? Don't miss the opportunity to find out.

Click Subscribe #TollBrothers #BBBrating #SPGlobalRatings #StockMarket #Investing

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Profit Trading USA

@profittradingusa.bsky.social

10 months ago

Zoetis Inc. receives ’BBB+’ rating upgrade at S&P, business outlook remains stable Investing.com -- S&P Global Ratings has upgraded the issuer credit rating of New Jersey-based animal health company, Zoetis Inc (NYSE:ZTS)., from ’BBB’ to ’BBB+’ due to the company’s significantly improved business position over the past decade. The issue-level rating on the company’s senior notes has also been raised to ’BBB+’ from ’BBB’, while the ’A-2’ short-term credit ratings have been affirmed. Zoetis, an industry leader in animal health, has seen substantial growth in revenues, EBITDA margins, and market share over the last decade. The company’s profitability, scale, diversity, and reach place it in a strong position to capitalize on the expected long-term growth in the animal health market. The company has demonstrated marked improvement in its business over the past several years, setting it apart from its competitors. Since 2016, Zoetis has increased revenues by 89% and expanded EBITDA margins by 665 basis points. The company ended 2024 with animal health revenues 57%, 71%, and 108% greater than its leading competitors Merck (NSE:PROR), Boehringer Ingelheim, and Elanco, respectively. Zoetis holds a market-leading position with approximately 20% share in the $50 billion global animal health market. The company has a dominant 25% share in the higher-margin companion animal segment, which generated $6.3 billion of revenue in 2024, and about a 12% share in the livestock segment, which generated $2.9 billion. The company’s product pipeline offers opportunities to increase its presence in key areas such as vaccines and diagnostics. Additionally, Zoetis is developing therapies for kidney disease, oncology, and cardiology that could further accelerate its growth. However, the company’s ratings are constrained by its relatively permissive financial policy. Despite maintaining net leverage below 1.5x for the last five years, Zoetis’s public gross debt to EBITDA target remains 2.5x-3x. Risks to the rating include market share erosion in key franchises and a prolonged economic slowdown that may reduce consumers’ willingness to spend on pets and meat. Zoetis derives about 60% of its revenues from three product categories—parasiticides, vaccines, and dermatology. S&P Global Ratings expects current international trade dynamics to have only a modest effect on Zoetis’ creditworthiness. As a net exporter from the U.S., with 56% of revenues coming from the U.S., and with about 3% of revenues coming from China, Zoetis is relatively well-positioned to absorb any short-term tariff impact. The stable outlook reflects S&P Global Ratings’ expectation that Zoetis will maintain its leadership position within the animal health market, sustain organic growth that exceeds industry growth, and maintain leverage below 3x. A lower rating on Zoetis could be considered within the next two years if the company’s debt to EBITDA increases and remains above 3x due to prolonged operating weakness or a more aggressive financial policy. Conversely, a higher rating could be considered if Zoetis maintains its debt to EBITDA below 2x and commits to a more conservative financial policy. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Click Subscribe #Zoetis #BBBrating #StockMarket #Investment #FinanceNews

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Profit Trading USA

@profittradingusa.bsky.social

11 months ago

Equitable Holdings gets "bbb-" rating for new $500m junior subordinated notes - AM Best Investing.com -- AM Best, the credit rating agency, has assigned a long-term issue credit rating of "bbb-" to the $500 million junior subordinated notes issued by Equitable Holdings (NYSE:EQH), Inc. The notes, which have a 6.7% interest rate, are due in 2055. The rating signifies a good credit quality and the outlook for this rating is stable. The funds raised from this recent debt issuance by Equitable Holdings are anticipated to be used for the repurchase of the Series B Depositary preferred shares, either in whole or in part, and for general corporate purposes. According to AM Best, the company’s financial leverage and interest coverage ratios are within the rating guidelines. The long-term issuer credit rating of "bbb+" for Equitable Holdings and the financial strength rating of A for the insurance operations of Equitable Financial Life Insurance (NSE:LIFI) Company of America (EFLICOA) and Equitable Financial Life Insurance Company (EFLIC) remain unchanged. Both EFLICOA and EFLIC are collectively known as Equitable Life. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Click Subscribe #EquitableHoldings #BBBrating #FinanceNews #Investing #StockMarket

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Local Directory Rank

@localdirectoryrank.bsky.social

1 year ago

Local directory rank matters most. I rank local directories. I think BBB local directory marketing should be rated well for keyword content and image needs. The local directory has almost 200 members. I hope I can work.

info : localdirectoryrank.com
#bbbreview #localdirectoryrank #bbbrating

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Local Directory Rank

@localdirectoryrank.bsky.social

1 year ago

Hey everyone! 🌐✨

There are so many goods and services out there that we all depend on online reviews to help us choose. What about figuring out which review sites are reliable? 🤏

#ConsumerTips #OnlineReviews #BestReviews #customerexperience #localdirectoryrank #bbbrating

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Local Directory Rank

@localdirectoryrank.bsky.social

1 year ago

The BBB gives Boss Laser an A+ rating, demonstrating trust and customer satisfaction. Company rating considers complaint history, type of business, time in business, and transparency of procedures

#bbbreview #customerfeedback #excellentservice #customerexperience #localdirectoryrank #bbbrating

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Local Directory Rank

@localdirectoryrank.bsky.social

1 year ago

The following instances provide comprehensive details regarding their BBB ratings, evaluations, and grievances

#bbbreview #customerfeedback #reviewratine #satisfiedcustomer #PositiveTestimonial #topratedreview #happycustomer #excellentservice #customerexperience #localdirectoryrank #bbbrating

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Local Directory Rank

@localdirectoryrank.bsky.social

1 year ago

Would you like Local Directory rank?

Sure, I can help with different types of reviews. If you need guidance on how to write reviews for specific platforms or industries,

#bbbreview #customerfeedback #satisfiedcustomer #PositiveTestimonial #topratedreview #localdirectoryrank #bbbrating