|Bid||54.93 x 800|
|Ask||55.05 x 800|
|Day's Range||54.52 - 55.63|
|52 Week Range||30.99 - 59.17|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||63.14|
|Earnings Date||Apr 29, 2021|
|Forward Dividend & Yield||1.88 (3.45%)|
|Ex-Dividend Date||Mar 16, 2021|
|1y Target Est||63.56|
Ares Management (ARES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Announcement: Moody's says Press Ganey's ratings are unaffected by $180 million first-lien term loan add-onGlobal Credit Research - 21 Apr 2021New York, April 21, 2021 -- Moody's Investors Service, ("Moody's") said that Azalea TopCo, Inc.'s (dba Press Ganey), proposed $180 million incremental term loan issuance does not affect the ratings. The incremental term loan is an add-on to the company's existing $1.4 billion senior secured first lien term loan due 2026 and will be used, along with new preferred equity, common equity and cash on the balance sheet to fund an acquisition consistent with Press Ganey's strategy to help healthcare organizations provide better patient experience and improve the overall safety, quality and efficiency of services provided. Press Ganey's leverage at end of 2020 was 9.9x (Moody's adjusted).
Rating Action: Moody's upgrades CPG International LLC's (AZEK) CFR to Ba3; outlook stableGlobal Credit Research - 13 Apr 2021Approximately $467 million of debt securities affectedNew York, April 13, 2021 -- Moody's Investors Service (Moody's) upgraded CPG International LLC's (a wholly owned subsidiary of The AZEK Company Inc.) (AZEK) Corporate Family Rating to Ba3 from B1 and Probability of Default Rating to Ba3-PD from B1-PD. Moody's also upgraded the rating on the company's first lien senior secured term loan to B1 from B2. AZEK's SGL-2 Speculative Grade Liquidity Rating was maintained.The upgrade of the Corporate Family Rating to Ba3 reflects AZEK's strong credit metrics, including debt to EBITDA of about 2.2x, and pro forma EBITDA to interest coverage of approximately 6.0x at December 31, 2020.