Latest news with #Maximus'
Miami Herald
3 days ago
- Automotive
- Miami Herald
The $45,000 EV That Could Change Everything: Latest Rivian R2 Details Unveiled
Rivian announced its new R2 midsize SUV in March 2024, and now, the electric automaker has updated an eager public on the model's progress leading up to its planned launch during the first half of 2026. The car manufacturer's newest information on the R2 includes insider looks at the SUV's design studio, powertrain test lab, and electrical lab. According to Rivian, its in-house design studio spent hundreds of hours creating sketches to form the R2. Rivian described the design studio as a space where creativity meets feasibility, and one of its primary challenges with the R2 was acknowledging and working with its cost constraints without compromising appeal. The automaker's design studio works on and approves solitary segments ahead of time so that there are "no surprises at the end," with smaller elements like a glovebox receiving high amounts of individual attention. The powertrain test lab's highlights featured a closer look at Maximus, Rivian's in-house next-generation drive unit primarily serving in its upcoming R2 and R3. Improvements from the last drive unit, Enduro, include Maximus' smaller size, lighter weight, lower cost, and simpler manufacturing from reducing its fasteners by 30%. Maximus' inverter converting direct current (DC) energy to alternating current (AC) energy is now side-mounted, providing additional clearance for the lower R2. Rivian noted that the R2's drive unit uses a continuous winding e-machine, generating higher performance and further simplifying manufacturing by reducing the number of welds. According to its manufacturer, Enduro is 40% more power-dense than its predecessor, much cheaper, and easier to build-all of which facilitate scaling, something Rivian struggled with while producing its R1T and R1S models. Rivian said Enduro was its first drive unit to go immediately to hard tooling, meaning it went straight from digital designs and engineering to building production-ready manufacturing tools used for high-volume creation. Maximus is undergoing month-long testing in extreme high and low temperatures along with simulated rainfall conditions. Rivian's electrical lab works on the R2's stack, or integrated hardware and software acting as the vehicle's brain. The automaker has spent the last few years vertically integrating its tech, and zonal architecture organizing electronics by location helps it design a stack entirely in-house. Rivian uses a midsize platform lab car for active R2 development and testing, where it can evaluate harnessing, endpoint devices, and everything on the low-voltage side that code from the SUV's brain touches. A Rivian mule bridges the midsize platform lab car stage and design validation builds just before mass production. One of Rivian's mules, 3.2, shows seats, screens, motors, and more that will be represented on the design validation build while still allowing design accessibility. Last month, reports emerged that Rivian remains on track to sell the R2 for $45,000. A newly completed extension will house R2 production at the automaker's Normal, Illinois plant. LG Energy Solution's batteries for the R2 will initially come from South Korea before being sourced from LG Energy Solution's new Arizona factory. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
23-03-2025
- Business
- Yahoo
Investors in Maximus (NYSE:MMS) have seen favorable returns of 32% over the past five years
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd like to see the share price move up more than the market average. But Maximus, Inc. (NYSE:MMS) has fallen short of that second goal, with a share price rise of 22% over five years, which is below the market return. The last year has been disappointing, with the stock price down 18% in that time. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. 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. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Over half a decade, Maximus managed to grow its earnings per share at 5.8% a year. This EPS growth is higher than the 4% average annual increase in the share price. Therefore, it seems the market has become relatively pessimistic about the company. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. Dive deeper into the earnings by checking this interactive graph of Maximus' earnings, revenue and cash flow. It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Maximus' TSR for the last 5 years was 32%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! Investors in Maximus had a tough year, with a total loss of 17% (including dividends), against a market gain of about 9.5%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. On the bright side, long term shareholders have made money, with a gain of 6% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. To that end, you should be aware of the 2 warning signs we've spotted with Maximus . Maximus is not the only stock that insiders are buying. For those who like to find lesser know companies this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. 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. Sign in to access your portfolio
Yahoo
21-03-2025
- General
- Yahoo
120-year-old snapping turtle at North Carolina Zoo dies, park says
ASHEBORO, N.C. (WGHP) — An alligator snapping turtle that was more than 100 years old died recently, according to a Facebook post by the North Carolina Zoo. The post does not specify the turtle's date of death. The NC Zoo said the following in regards to Maximus' death: It is with heavy hearts that we announce the passing of Maximus, our beloved alligator snapping turtle, the gentle giant of the North Carolina Zoo. A resident of Cypress Swamp, Max was a favorite of both guests and staff, and a true marvel of nature at over 100 years old. Estimated to have been born around 1900, he witnessed over 100 years of human history, always with curiosity and grace. Keeper Audrey shared her memories of Maximus, 'I first met Maximus in the fall of 2015 when he moved to Cypress Swamp. He didn't have a name, so I gave him one: Maximus, fitting for such a majestic creature. Over the years, we shared countless quiet moments, and I had the privilege of getting to 'swim' with him as I cleaned his pool. Despite his size, we danced together in our slow, routine movements, each of us occupying our own space, a ritual I will never forget.' Maximus was always a quiet observer, especially fond of interacting with the little ones who would get down to his level. His calm presence brought joy to so many visitors over the years, even when he was napping in the sun. Maximus may no longer be with us, but his spirit will live on in our memories and in the hearts of everyone who had the pleasure of meeting him. Rest in peace, Maximus. You will always be remembered. North Carolina Zoo, Facebook Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
