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Yahoo

35 minutes ago

• Yahoo

With EPS Growth And More, OUTsurance Group (JSE:OUT) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. In contrast to all that, many investors prefer to focus on companies like OUTsurance Group (JSE:OUT), which has not only revenues, but also profits. Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. So it makes sense that experienced investors pay close attention to company EPS when undertaking investment research. Recognition must be given to the that OUTsurance Group has grown EPS by 57% per year, over the last three years. While that sort of growth rate isn't sustainable for long, it certainly catches the eye of prospective investors. Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. The music to the ears of OUTsurance Group shareholders is that EBIT margins have grown from 18% to 20% in the last 12 months and revenues are on an upwards trend as well. Ticking those two boxes is a good sign of growth, in our book. In the chart below, you can see how the company has grown earnings and revenue, over time. To see the actual numbers, click on the chart. Check out our latest analysis for OUTsurance Group Fortunately, we've got access to analyst forecasts of OUTsurance Group's future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting. It's said that there's no smoke without fire. For investors, insider buying is often the smoke that indicates which stocks could set the market alight. This view is based on the possibility that stock purchases signal bullishness on behalf of the buyer. However, insiders are sometimes wrong, and we don't know the exact thinking behind their acquisitions. The real kicker here is that OUTsurance Group insiders spent a staggering R51m on acquiring shares in just one year, without single share being sold in the meantime. The shareholders within the general public should find themselves expectant and certainly hopeful, that this large outlay signals prescient optimism for the business. Zooming in, we can see that the biggest insider purchase was by CFO & Executive Director Jan Hofmeyr for R20m worth of shares, at about R42.27 per share. OUTsurance Group's earnings per share have been soaring, with growth rates sky high. Growth investors should find it difficult to look past that strong EPS move. And indeed, it could be a sign that the business is at an inflection point. If this is the case, then keeping a watch over OUTsurance Group could be in your best interest. Of course, just because OUTsurance Group is growing does not mean it is undervalued. If you're wondering about the valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Keen growth investors love to see insider activity. Thankfully, OUTsurance Group isn't the only one. You can see a a curated list of South African companies which have exhibited consistent growth accompanied by high insider ownership. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. — Investing narratives with Fair Values Vita Life Sciences Set for a 12.72% Revenue Growth While Tackling Operational Challenges By Robbo – Community Contributor Fair Value Estimated: A$2.42 · 0.1% Overvalued Vossloh rides a €500 billion wave to boost growth and earnings in the next decade By Chris1 – Community Contributor Fair Value Estimated: €78.41 · 0.1% Overvalued Intuitive Surgical Will Transform Healthcare with 12% Revenue Growth By Unike – Community Contributor Fair Value Estimated: $325.55 · 0.6% Undervalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Skift

43 minutes ago

• Skift

Air India Trims Long-Haul Services by 15%: These Routes are Affected

Air India has said it will restore the full international schedule as soon as it's safe and stable to do so. For now, it's focusing on keeping safety front and center. Skift's coverage of the Air India crash is offered free to all readers. Air India on Thursday night announced the list of international routes that it will be temporarily suspending or reducing as part of a 15% cut in its widebody operations. The changes, effective from June 21 to at least mid-July, impact long-haul flights to North America, Europe, Australia, and parts of Asia. The airline will pause some routes entirely, while others will see fewer weekly flights. Delhi–Nairobi, Amritsar–London Gatwick, Goa (Mopa)–London Gatwick are the three routes that the airline has paused until at least July 15. A long list of long-haul routes will operate at reduced frequency. These include: Delhi–Toronto is down from 13 to 7 flights a week. Delhi–Chicago will now run only 3 times weekly instead of 7. Delhi–Melbourne and Delhi–Sydney will now operate 5 flights a week. Delhi-Vancouver is down from 7 flights a week to 5. Delhi-San Francisco will now run only 7 times a week instead of 10. Other affected routes include Bengaluru-London (Heathrow) and Amritsar-Birmingham. From Delhi the routes to Washington (Dulles), London (Heathrow), Birmingham, Paris, Milan, Copenhagen, Vienna, Amsterdam, Tokyo (Haneda) and Seoul (Incheon) will also see changes. Why This Is Happening Announcing the temporary route curtailment on Wednesday, the airline said the move was necessary after a series of disruptions following the June 12 crash and mounting challenges in global airspace. These include safety checks on its fleet, night-time flying restrictions in parts of Europe and East Asia, and detours due to the Middle East conflict. There have been 83 flight cancellations in the past six days. The airline said the temporary cuts would help ensure it has enough aircraft on standby for emergencies or schedule changes. On June 12, Air India Flight AI171, a Boeing 787 Dreamliner bound for London Gatwick, went down shortly after takeoff in Ahmedabad. Out of 242 passengers, only one survived. It was the first fatal crash involving a 787, an aircraft with an otherwise strong safety record. In the aftermath, Indian civil aviation regulator Directorate General of Civil Aviation (DGCA) ordered enhanced safety inspections across Air India's 787 fleet. As of June 19, 26 of the 33 planes had been cleared. Checks on the rest are ongoing. On Tuesday night, DGCA said the surveillance of Air India's Boeing 787 fleet has not revealed "any major safety concerns" so far. The airline is also beginning extra safety checks on its Boeing 777 aircraft — another widebody model used on international routes. Middle East Airspace Closure Alongside safety checks, Air India is dealing with restricted airspace in parts of Europe and Asia. Tensions in the Middle East, especially the Israel-Iran conflict, have led to widespread rerouting. Pakistani airspace closure amid continuing diplomatic tensions between India and its neighbor has further complicated things. These disruptions are forcing longer flight paths. The airline also cited night curfew in the airspaces of many countries in Europe and East Asia, adding to the strain. Other carriers, including IndiGo, have warned of delays and potential cancellations. What Passengers Should Know Following the temporary route curtailment, Air India said it will notify impacted passengers and give them options to reschedule without paying extra. Passengers will also be able to cancel and receive a full refund Air India CEO and MD Campbell Wilson, in a message to frequent flyers on Thursday acknowledged the disruptions. In the letter to members of its loyalty program Maharaja Club Wilson also shared details about the crash and why the airline is making these changes. He confirmed that the aircraft involved in the crash was well maintained and the last major check was completed in June 2023 with the next check scheduled for December 2025. 'Its right engine was overhauled in March 2025, and the left engine was inspected in April 2025. Both the aircraft and engines were regularly monitored, showing no issues before the flight,' Campbell said in the letter. He also reassured customers that the airline is conducting safety inspections on all similar planes. And more broadly, he addressed why the airline is scaling back, 'As a confidence-building measure, we have elected to continue enhanced pre-flight safety checks… This will also allow us to have more backup aircraft ready to handle any unexpected issues.'

CNN

an hour ago

• CNN

70 rhinos reared at controversial South African captive breeding farm set free

Transporting the world's second largest land mammal halfway across the second largest continent isn't exactly easy. But in a 3,400-kilometer (2,100-mile) journey that involved crates, cranes, trucks, and a Boeing 747, 70 captive bred southern white rhinos were moved from South Africa to Rwanda's Akagera National Park in early June as part of an initiative to 'rewild' them. 'Moving 70 rhinos across the continent is high-risk stuff,' Martin Rickelton, the head of translocations for African Parks, told CNN. So far, the animals appear to be doing well in their new home. 'All reports are good,' Rickelton adds. The creatures, which can weigh over 2,000 kilograms (more than 4,000 pounds), originated from a controversial breeding program started in the 1990s by property developer John Hume. Hume, who spent years lobbying for the legalization of the rhino horn trade, amassed stockpiles of horn, obtained by trimming them without harming the animals, with the aim of flooding the market to driver poachers out of business and to fund conservation efforts. But he ran out of money, and with the horn trade still banned under international law, he put the rhinos up for sale in 2023. He told Agence France-Presse (AFP) at the time that he'd spent around $150 million on the project – with surveillance being the largest cost. 'I'm left with nothing except 2,000 rhinos and 8,000 hectares (20,000 acres) of land.' He didn't receive a single bid. African Parks — a conservation nonprofit that manages 23 protected areas across the continent — stepped in to acquire for an undisclosed sum what was the largest rhino captive breeding operation in the world, with plans to 'rewild' the animals over 10 years. The translocation marked the first cross-continental move for African Parks' Rhino Rewild initiative. 'It's a very important milestone,' says Taylor Tench, a senior wildlife policy analyst at the nonprofit Environmental Investigation Agency US, who wasn't involved in the relocation. 'This is definitely a big development with respect to African Parks' efforts.' Today, there remain only about 17,000 southern white rhinos in Africa and they're classified as 'near threatened' on the International Union for Conservation of Nature's Red List. That means the 2,000 southern white rhinos that African Parks bought, and plans to spread around the continent, comprise more than 10% of the remaining population. Although the international trade of rhino horn has been banned under the Convention on International Trade in Endangered Species (CITES) since 1977, demand from consumers in Asia who see it as a status symbol, or falsely believe it can cure ailments ranging from hangovers to cancer, is still driving poaching. Poachers sometimes kill a rhino outright, or tranquilize it before cutting off its horn, sometimes hacking off a large portion of the animal's face, leaving it bleeding to death. In South Africa, where the majority of the population lives, 420 rhinos were poached in 2024. More than 100 were killed in the first three months of this year. Tench says that rhino poaching was rampant in the continent from 2012 to 2015, and a 'lot has been accomplished since then.' He added that Kenya lost no rhinos last year and that poaching has dropped significantly in Zimbabwe. Today, poaching is mostly concentrated in South Africa and Namibia, he says. To better address the issue, Tench says more government resources should be dedicated to addressing the organized criminal networks behind the poaching and international trading of rhino horn, and to increased international cooperation. Rickelton says there are a number of future relocation projects in various stages of discussion and planning. He adds that a strong framework is in place to ensure the locations that receive the rhinos provide a suitable habitat, security to keep the animals safe, and enough funding to care for them. The move to Akagera National Park took more than a year and a half of planning and approvals. And the cost of moving each rhino, including three years of monitoring and management afterwards, is about $50,000 (the move was backed by the Howard G. Buffet Foundation). The animals were first moved from the breeding program facility to the South African private game reserve Munywana Conservancy, to expose them to conditions more like Akagera. Then, the rhinos were loaded into individual steel crates, driven to an airport in Durban, South Africa, and carefully loaded by crane onto a Boeing 747. After arrival in Kigali, Rwanda, the rhinos made the final leg of their journey by road. Now, the rhinos need to adapt to their new environment. They'll be monitored by a veterinary team for several weeks. Measures like a canine unit to reduce poaching are in place in Akagera, which has reduced poaching to 'near zero' levels, according to the park. There's reason for optimism. In 2021, African Parks moved 30 rhinos to Akagera from a private game reserve in South Africa. Since, they've had 11 offspring. With the addition of 70 more rhinos, 'we've now established a genetically viable herd of rhino,' says Rickelton. He says that seeing the rhinos emerge from their crates at the end of the journey 'makes months and months of really hard work and frustration and challenges really worth it.' Rickelton adds: 'It's a story of hope in a world of not too much positive.'