|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||30.84 - 31.39|
|52 Week Range||16.15 - 31.39|
|Beta (5Y Monthly)||0.90|
|PE Ratio (TTM)||34.12|
|Forward Dividend & Yield||0.61 (1.92%)|
|Ex-Dividend Date||May 07, 2021|
|1y Target Est||N/A|
Schneider, which sells products ranging from electrical car chargers to industrial robotics, is now targeting a 14%-20% increase in 2021 adjusted earnings before interest, taxes and amortisation (EBITA) with revenues likely to gain 8%-11%. It had previously forecast adjusted EBITA growth of 9%-15% for this year, from revenues up 5%-8%. "We did see increased tensions in the supply chain over the first quarter," finance chief Hilary Maxson told Reuters in a call, citing weather conditions in the United States, the Suez Canal and accelerating demand.
A consortium of investors led by French electrical equipment group Schneider Electric and U.S. electric utility AES Corp are investing in Uplight, valuing the utility software firm at $1.5 billion, the companies said on Wednesday. A group of private equity investors led by Huck Capital will also participate in the funding round. Uplight, which makes software products focused on clean energy, will use the funding for acquisitions and international expansion, it said.
Rating Action: Moody's downgrades TDK's rating to Baa1 from A3; outlook stableGlobal Credit Research - 16 Feb 2021Tokyo, February 16, 2021 -- Moody's Japan K.K. has downgraded the issuer rating of TDK Corporation (TDK) to Baa1 from A3.At the same time, Moody's has changed the outlook to stable from negative."TDK's Baa1 rating indicates its fundamental credit profile without Japan support, its positioning relative to global peers, and the risks related to increased investments to make large-volume power-cell batteries a new core business," says Ryohei Nishio, a Moody's Analyst.RATINGS RATIONALEThe Baa1 rating indicates TDK's fundamental credit profile without uplift for Japan's institutional support, which was a key consideration in the downgrade. This rating construct takes into account the company's material overseas operations, with its overseas sales and employee ratio now comprising over 90% and overseas production ratio over 80%.Moody's ascribes less institutional support to such companies with extensive overseas operations, because of their proportionally reduced reliance on the domestic economy.