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

The Middleby Corporation designs, manufactures, markets, and services a broad line of equipment for use in cooking and preparing food.  The Company's products are used in commercial and institutional kitchens and restaurants throughout the world.  Middleby's brand names include Marshall, Southbend, and Toastmaster.

<ul><li>The Middleby Corporation has recently reported on various strategic changes and an earnings summary for the fourth quarter of 2024.</li><li>The company announced its decision to spin off its Food Processing business to form a separate publicly traded entity, aiming to create two distinct companies: Middleby Corporation focusing on commercial and residential kitchen equipment, and Middleby Food Processing.</li><li>This move is expected to allow each business to sharpen its strategic and operational focus, optimize capital structure, and align more strategically with its respective market opportunities.</li></ul>

The Middleby Corporation has recently reported on various strategic changes and an earnings summary for the fourth quarter of 2024.The company announced its decision to spin off its Food Processing business to form a separate publicly traded entity, aiming to create two distinct companies: Middleby Corporation focusing on commercial and residential kitchen equipment, and Middleby Food Processing.This move is expected to allow each business to sharpen its strategic and operational focus, optimize capital structure, and align more strategically with its respective market opportunities.

Middleby Corporation Is On A Buying Spree—Is M&A The ONLY Feasible Way For Them To Grow?

TriNet Group, Inc. provides human resource and consultancy services. The Company offers payroll, tax administration, risk protection, performance management, compensation consulting, and employee benefit plans. TriNet Group serves technology, advertising, banking, and government sectors in the United States.

<ul><li>TriNet, a company specializing in human resources solutions for small and medium-sized businesses (SMBs), recently discussed its fourth-quarter 2024 financial performance, medium-term strategy, and 2025 outlook.</li><li>The company's results highlight both strengths and challenges in its current market environment.</li><li>On the positive side, TriNet has a strong market position, serving over 15,000 PEO customers and 360,000 worksite employees.</li></ul>

TriNet, a company specializing in human resources solutions for small and medium-sized businesses (SMBs), recently discussed its fourth-quarter 2024 financial performance, medium-term strategy, and 2025 outlook.The company's results highlight both strengths and challenges in its current market environment.On the positive side, TriNet has a strong market position, serving over 15,000 PEO customers and 360,000 worksite employees.

TriNet Group Goes All-In On AI to Slash Costs But Will It Lead To Margin Expansion?

Elbit Systems Ltd. designs, develops and supplies integrated defense systems. The Company also designs, develops, manufactures, markets and supports military electronic systems and products.

<ul><li>Elbit Systems Ltd., a global defense electronics company, reported a robust financial performance for the fourth quarter and full year 2024, reflecting sustained demand for its advanced products and solutions.</li><li>The company's revenues for the fourth quarter of 2024 saw a significant increase of 19%, reaching $1.930 billion compared to $1.626 billion in the fourth quarter of 2023.</li><li>For the full year, Elbit's revenues climbed 14% to $6.828 billion from $5.975 billion in 2023.</li></ul>

Elbit Systems Ltd., a global defense electronics company, reported a robust financial performance for the fourth quarter and full year 2024, reflecting sustained demand for its advanced products and solutions.The company's revenues for the fourth quarter of 2024 saw a significant increase of 19%, reaching $1.930 billion compared to $1.626 billion in the fourth quarter of 2023.For the full year, Elbit's revenues climbed 14% to $6.828 billion from $5.975 billion in 2023.

Elbit Systems Set To Soar as Europe Unleashes €150 Billion Defense Boom!

AAON, Inc. designs, manufactures, and markets commercial rooftop air-conditioning, heating and heat recovery equipment, and air-conditioning coils.  The Company's products serve the commercial and industrial new construction and replacement markets.

<ul><li>AAON, Inc.'s recent earnings for the fourth quarter of 2024 provided investors with a detailed overview of the company's financial performance, strategic initiatives, and outlook.</li><li>The company, which boasts a strong position in the heating and cooling industry, highlighted both its achievements and challenges during the year.</li><li>On the positive side, AAON reported a substantial increase in bookings and backlog, signaling strong future demand.</li></ul>

AAON, Inc.'s recent earnings for the fourth quarter of 2024 provided investors with a detailed overview of the company's financial performance, strategic initiatives, and outlook.The company, which boasts a strong position in the heating and cooling industry, highlighted both its achievements and challenges during the year.On the positive side, AAON reported a substantial increase in bookings and backlog, signaling strong future demand.

Can AAON Capitalize On The Data Center Boom With Game-Changing $1 Billion Expansion Plan?

Woodward Inc.designs, manufactures, and services energy control systems and components for aircraft and industrial engines and turbines. The Company's products and services are used in the aerospace, power generation, oil and gas processing, and transportation markets, which includes rail, marine, and many light and heavy industrial applications.

<ul><li>Woodward, Incorporated's first quarter fiscal year 2025 results reflect a mixed performance across its segments, with varied influences impacting both its Aerospace and Industrial divisions.</li><li>The company reported net sales of $773 million, marking a slight decrease of 2% year-over-year.</li><li>Earnings per share decreased to $1.42, down from $1.46, with adjusted earnings per share dropping from $1.45 to $1.35.</li></ul>

Woodward, Incorporated's first quarter fiscal year 2025 results reflect a mixed performance across its segments, with varied influences impacting both its Aerospace and Industrial divisions.The company reported net sales of $773 million, marking a slight decrease of 2% year-over-year.Earnings per share decreased to $1.42, down from $1.46, with adjusted earnings per share dropping from $1.45 to $1.35.

Woodward’s Aerospace Revival: How Aftermarket Power Plays & OEM Growth Could Help Improve!

Industrials
Industrials Insights

Middleby Corporation Is On A Buying Spree—Is M&A The ONLY Feasible Way For Them To Grow?

The Middleby Corporation has recently reported on various strategic changes and an earnings summary for the fourth quarter of 2024. The company...

Baptista Research

TriNet Group Goes All-In On AI to Slash Costs But Will It Lead To Margin Expansion?

TriNet, a company specializing in human resources solutions for small and medium-sized businesses (SMBs), recently discussed its fourth-quarter...

Baptista Research

Elbit Systems Set To Soar as Europe Unleashes €150 Billion Defense Boom!

Elbit Systems Ltd., a global defense electronics company, reported a robust financial performance for the fourth quarter and full year 2024,...

Baptista Research

Can AAON Capitalize On The Data Center Boom With Game-Changing $1 Billion Expansion Plan?

AAON, Inc.'s recent earnings for the fourth quarter of 2024 provided investors with a detailed overview of the company's financial performance,...

Baptista Research

Woodward’s Aerospace Revival: How Aftermarket Power Plays & OEM Growth Could Help Improve!

Woodward, Incorporated's first quarter fiscal year 2025 results reflect a mixed performance across its segments, with varied influences impacting...

Baptista Research