Sign in

    Adam Valentine

    Vice President and Equity Research Analyst at [indiscernible] Capital

    Adam Valentine is a Vice President and Equity Research Analyst at J.P. Morgan, specializing in coverage of the U.S. chemicals and specialty materials sector. He covers leading companies such as Dow Inc., DuPont, LyondellBasell, Celanese, and Olin Corporation, and is recognized for his in-depth industry analysis and actionable investment recommendations. Since joining J.P. Morgan in 2017 after starting his career at UBS as an Equity Research Associate covering U.S. and European chemicals, Valentine has built a reputation for rigorous fundamental research and has been ranked among the top chemical sector analysts on platforms like TipRanks, achieving a success rate near 64% with solid average returns for investors. He holds FINRA Series 7, 63, 86, and 87 licenses and is known in the industry for delivering clear, data-driven insights that support institutional investment strategies.

    Adam Valentine's questions to DallasNews (DALN) leadership

    Adam Valentine's questions to DallasNews (DALN) leadership • Q1 2025

    Question

    Asked about the company's progress towards its 2025 profit improvement target, the effectiveness of the new digital subscription strategy, advertising demand by vertical, the reason for increased newsprint usage in Q1, the final cash amount for the pension payout, and the sustainability of Medium Giant's profitability.

    Answer

    The company confirmed it is on track for the $5 million in savings, which will start being realized in May. The new AI-driven paywall lifted subscription starts by 16%, but overall growth is slower than desired, prompting a new promotional offer. Advertising softness was seen in real estate, retail, and recruiting, while financial services remained robust. The Q1 increase in newsprint usage was a one-time event due to testing new presses and will normalize. The pension was fully funded with $10 million in cash, less than the previously estimated range. Medium Giant's improved profitability is due to focusing on larger clients, and the company aims to increase its margins further.

    Ask Fintool Equity Research AI

    Adam Valentine's questions to DallasNews (DALN) leadership • Q3 2024

    Question

    Inquired about the future of digital subscription revenue growth under the new volume-focused strategy, long-term trends in customer churn, the drivers behind Medium Giant's strong revenue growth, and the expected run-rate savings from the upcoming 2025 operational restructuring.

    Answer

    The company expects a temporary slowdown in digital revenue growth as they focus on volume, with the key variable being how many new subscribers convert to the full price after the introductory offer. National churn trends are difficult to ascertain due to varying introductory offers across the industry. Medium Giant's growth is driven by a successful strategy to win larger clients (>$250k/year). The company reiterated its expectation of ~$5 million in annualized savings from the restructuring but declined to give a specific pro forma run rate until the March 2025 call.

    Ask Fintool Equity Research AI