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Symbol: GWRS
Security: Global Water Resources, Inc.
Related Stocks/Topics: Stocks|NI|CWCO|PRMW
Title: Reasons to Add Global Water Resources (GWRS) to Your Portfolio
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 08:04:00
Article: **Global Water Resources Inc**’s [GWRS](https://www.nasdaq.com/market-activity/stocks/gwrs) significant progress in expanding through organic means, acquisitions, utility rate increases and spreading operations in new service areas is expected to drive its performance in the long run. Given its strong dividend history and growth opportunities, GWRS makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) stock a strong investment pick at the moment. **Growth Projections & Surprise History** The Zacks Consensus Estimate for 2023 earnings per share (EPS) has moved up 24% in the past 60 days to 31 cents. This implies a year-over-year increase of 29.2%.The Zacks Consensus Estimate for 2023 revenues is pegged at $51.3 million, indicating year-over-year growth of 14.7%.The company delivered an average earnings surprise of 50.8% in the last four quarters. **Return on Equity** Return on equity (ROE) indicates how efficiently a company has been utilizing the funds to generate higher returns. Currently, Global Water Resources’ ROE is 13.1%, higher than the industry’s average of 9.7%. This indicates that the company has been utilizing the funds more constructively than its peers in the water supply utility industry. **Long-term Growth and Dividend Yield** Global Water Resources’ long-term (three to five years) earnings growth rate is 15%.The company’s current dividend yield is 2.35%, better than the Zacks S&P 500 Composite’s 1.43%. **Business Growth** The improving economic condition in Arizona resulted in growing customer base and fresh demand for GWRS’ services.In February 2023, the company completed the acquisition of Farmers Water Co., a water utility operator with a service area in Sahuarita, AZ. The acquisition added nearly 3,300 active water connections and 21.5 square miles of service area. Since 2017, Global Water Resources has been expanding its operations in the booming Arizona market by acquiring 11 utilities. **Price Performance** In the last three months, the GWRS stock returned 3.6% against the [industry’s](https://www.zacks.com/stocks/industry-rank/industry/utility-water-supply-196) average 40.6% decline. **** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/52/46204.jpg?v=2035905923) Image Source: Zacks Investment Research **Other Stocks to Consider** A few other top-ranked stocks from the same sector are **Consolidated Water Co. Ltd.** [CWCO](https://www.nasdaq.com/market-activity/stocks/cwco), sporting a Zacks Rank #1 (Strong Buy), and **Primo Water Corporation** [PRMW](https://www.nasdaq.com/market-activity/stocks/prmw) and **NiSource Inc.** [NI](https://www.nasdaq.com/market-activity/stocks/ni), each carrying a Zacks Rank #2 at present. You can see** [ the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**CWCO’s long-term earnings growth rate is 8%. The consensus estimate for 2023 EPS is pinned at 97 cents, indicating year-over-year growth of 79.6%.The consensus mark for PRMW’s 2023 EPS is pegged at 79 cents, indicating a year-over-year improvement of 17.9%. The company delivered an average earnings surprise of 0.7% in the last four quarters.NI’s long-term earnings growth rate is 7%. The consensus estimate for 2023 EPS is pinned at $1.6, implying a year-over-year increase of 8.8%. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116378)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116378)[NiSource, Inc (NI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116378)[Consolidated Water Co. Ltd. (CWCO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CWCO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116378) [Primo Water Corporation (PRMW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=PRMW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116378)[Global Water Resources, Inc. (GWRS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=GWRS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116378) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116378/reasons-to-add-global-water-resources-gwrs-to-your-portfolio?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116378)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 12.9525
Stock Price 2 days before: 12.6753
Stock Price 1 day before: 12.6825
Stock Price at release: 12.6853
Risk-Free Rate at release: 0.05275
| 12.7533 |
Symbol: NGL
Security: NGL Energy Partners LP
Related Stocks/Topics: Stocks|EPM|RGCO|SHEL
Title: Shell (SHEL) Trades Russian Gas Despite Withdrawal Pledge
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 08:04:00
Article: **Shell plc (**SHEL**),** an oil supermajor, is engaged in Russian gas trading, even after pledging to withdraw from the country’s energy sector more than a year ago, per media reports.According to a research conducted by the campaign group Global Witness, Shell participated in about one-eighth of Russia's shipborne gas exports in 2022. Per the group, a thorough assessment of every liquefied natural gas (LNG) cargo coming from Russia during March-December 2022 found that Shell was in charge of trading almost 12% of the country's total LNG exports. A Shell spokesman revealed that the company has stopped buying Russian LNG on the spot market. The transactions, according to management, were the outcome of long-term contractual commitments. Shell has been clear about not breaching any applicable laws or regulations of the countries it operates in.Following the invasion of Ukraine in March 2022, the company apologized for purchasing a cargo of Russian oil and announced that it would stop operating in the country’s gas and oil sector. SHEL pledged to stop importing oil from Russia, and sell its gas stations and other enterprises there, both of which have been accomplished. It has also [terminated](https://www.zacks.com/stock/news/2062866/shell-shel-withdraws-from-russias-salym-petroleum-project) its joint ventures with Gazprom, a major state energy company. **Zacks Rank & Key Picks** Shell is a group of U.S. and Europe-based big energy multinationals with operations across the world. Currently, the company carries a Zack Rank #3 (Hold).Some better-ranked stocks for investors interested in the [energy](https://www.zacks.com/stocks/industry-rank/sector/oils-energy-12) sector are **Evolution Petroleum Corporation** [EPM](https://www.nasdaq.com/market-activity/stocks/epm), **NGL Energy Partners LP** [NGL](https://www.nasdaq.com/market-activity/stocks/ngl) and **RGC Resources Inc.** [RGCO](https://www.nasdaq.com/market-activity/stocks/rgco). While Evolution Petroleum sports a Zacks Rank #1 (Strong Buy), both NGL Energy Partners and RGC Resources carry a Zacks Rank #2 (Buy) at present. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list?adid=ZP_quote_ribbon_1list&icid=quote-detailed_estimates-zp_internal-zacks_premium-top_ribbon-1_rank).Evolution Petroleum is an independent energy company. It was formed to acquire and develop oil and gas fields and apply both conventional and specialized technology to accelerate production, particularly in low-permeability reservoirs. EPM has witnessed an upward earnings estimate revision for 2023 and 2024 in the past 60 days. NGL Energy Partners, headquartered in Tulsa, OK, is a limited partnership operating a vertically-integrated propane business with three operating segments — retail propane, wholesale supply and marketing, and midstream. NGL has witnessed an upward earnings estimate revision for 2024 in the past 30 days.RGC Resources is a holding company that offers energy and associated products and services through its operational subsidiaries — Roanoke Gas Company and RGC Midstream, LLC. RGCO has thousands of customers through its natural gas distribution companies that serve the Roanoke Valley and Bluefield, Virginia and West Virginia areas. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_254_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116383)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116383) [NGL Energy Partners LP (NGL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=NGL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116383)[Evolution Petroleum Corporation, Inc. (EPM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=EPM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116383)[RGC Resources Inc. (RGCO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=RGCO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116383)[Shell PLC Unsponsored ADR (SHEL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SHEL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116383) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116383/shell-shel-trades-russian-gas-despite-withdrawal-pledge?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116383)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 3.90883
Stock Price 2 days before: 4.872
Stock Price 1 day before: 3.93014
Stock Price at release: 22.6032
Risk-Free Rate at release: 0.05275
| 4.14586 |
Symbol: ROOT
Security: Root, Inc.
Related Stocks/Topics: Stocks|RLI|NMIH|KNSL
Title: Here's Why Investors Should Consider Betting on RLI Stock Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 08:58:00
Article: **RLI Corp.** [RLI](https://www.nasdaq.com/market-activity/stocks/rli) has been gaining momentum on the back of product diversification, wider distribution base in personal umbrella, rate increases and effective capital deployment. **Growth Projections** The Zacks Consensus Estimate for RLI’s 2023 earnings is pegged at $5.06 per share, indicating a 7.8% increase from the year-ago reported figure on 16.9% higher revenues of $1.44 billion. The consensus estimate for 2024 earnings is pegged at $5.25 per share, indicating a 3.8% increase from the year-ago reported figure on 9.4% higher revenues of $1.57 billion. **Estimate Revision** The Zacks Consensus Estimate for 2023 and 2024 has moved 3.6% and 10.9% north, respectively, in the past 30 days. This should instill investors' confidence in the stock. **Earnings Surprise History** RLI has a decent earnings surprise history. It beat estimates in each of the last four quarters, the average being 43.50%. **Zacks Rank & Price Performance** The company currently sports a Zacks Rank #1 (Strong Buy). In the past year, the stock has gained 17.1% compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/insurance-property-and-casualty-89)’s rise of 18.2%.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/c4/46211.jpg?v=1676804631) Image Source: Zacks Investment Research** Return on Equity (ROE)**RLI has been effectively improving its return on equity over the years. ROE in the trailing 12 months of 19.2% expanded 250 basis points year over year and was better than the industry average of 6.8%. This reflects the insurer’s efficiency in utilizing shareholders’ fund. **Business Tailwinds** Premium, the main source of RLI’s revenues, is expected to gain from solid performance in Property and Surety segments.Product diversification across the Casualty, Property and Surety segments of the company has fueled the insurer’s growth and financial success. The Casualty segment continues to gain from an expanded distribution base in personal umbrella and rate increases.The commercial property business has been gaining from higher wind and earthquake exposure rates. Rate increases, improved retention and new opportunities in the inland marine space should benefit marine products.The Surety segment continues to benefit from its compelling product portfolio, growth within existing accounts and writing of bonds with new customers.Building materials inflation and new accounts will aid commercial and contract surety businesses in the future. RLI boasts solid operating results and its financial position remained strong. Operating cash flows should gain from higher premium receipts.A high-interest rate environment should continue benefiting the company’s net investment income metric in the future. It rose 51% year over year in the first quarter.RLI will keep investing in customer relationships, technology and people to grow underwriting profits in the future.The company has been paying dividends for 186 consecutive quarters and has a dividend yield of 0.7%, better than the industry’s average of 0.3%, making the stock an attractive pick for yield-seeking investors. RLI has $87.5 million of remaining capacity from the repurchase program. **Other Stocks to Consider** Some other top-ranked stocks from the property and casualty insurance industry are **NMI Holdings Inc** [NMIH](https://www.nasdaq.com/market-activity/stocks/nmih), **Kinsale Capital Group, Inc.** [KNSL](https://www.nasdaq.com/market-activity/stocks/knsl) and **Root, Inc.** [ROOT](https://www.nasdaq.com/market-activity/stocks/root), each carrying a Zacks Rank #2 (Buy) at present. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**.NMI Holdings beat estimates in each of the last four quarters, the average being 5.95%. In the past year, NMIH has gained 55.7%.The Zacks Consensus Estimate for NMI Holdings’ 2023 and 2024 earnings per share is pegged at $3.58 and $3.93, indicating a year-over-year increase of 5.6% and 9.5%, respectively.Kinsale Capital has a solid track record of beating earnings estimates in each of the last trailing four quarters, the average being 14.77%. In the past year, KNSL has rallied 51.9%.The Zacks Consensus Estimate for KNSL’s 2023 and 2024 earnings per share is pegged at $10.62 and $12.89, indicating a year-over-year increase of 36.1% and 21.3%, respectively.Root beat estimates in each of the last four quarters, the average being 18.24%. In the past year, the insurer has lost 53.7%.The Zacks Consensus Estimate for ROOT’s 2023 and 2024 earnings per share indicates a year-over-year increase of 43.8% and 42.5%, respectively. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116431)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116431) [RLI Corp. (RLI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RLI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116431)[NMI Holdings Inc (NMIH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NMIH&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116431)[Kinsale Capital Group, Inc. (KNSL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=KNSL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116431)[Root, Inc. (ROOT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ROOT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116431)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116431/here-s-why-investors-should-consider-betting-on-rli-stock-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116431)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 8.99719
Stock Price 2 days before: 8.98986
Stock Price 1 day before: 8.96437
Stock Price at release: 10.0086
Risk-Free Rate at release: 0.05275
| 11.139 |
Symbol: KOP
Security: Koppers Holdings Inc.
Related Stocks/Topics: Stocks|AIQUY|FSTR|LIN
Title: Air Liquide (AIQUY) Divests 19% Stake in Hydrogenics to Cummins
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 08:58:00
Article: **Air Liquide** [AIQUY](https://www.nasdaq.com/market-activity/stocks/aiquy), a global leader in gases, technologies, and services for the industrial and health sectors, has announced the sale of its 19% stake in Hydrogenics Corporation to Cummins, which already owns the remaining 81%. This strategic move aligns with Air Liquide's commitment to the development of hydrogen and its focus on key strategic priorities.Canada-based Hydrogenics is a leader in electrolysis hydrogen production equipment and fuel cells. Air Liquide acquired its stake in Hydrogenics in 2019 in a strategic transaction representing an investment of $20.5 million.As a leader in developing and operating large-scale electrolyzers, Air Liquide has a significant portfolio of technologies related to hydrogen production. The divestment of its stake in Hydrogenics reflects the company's strategy of regularly reviewing its business portfolio to optimize its investments and align them with its long-term objectives. Under Cummins' full ownership, Hydrogenics will continue to serve as one of Air Liquide's suppliers for electrolyzer projects.Air Liquide's decision to sell its stake in Hydrogenics is driven by its strategic plan for 2025, known as ADVANCE. This plan aims to achieve global performance by combining financial and extra-financial dimensions. Air Liquide is streamlining its portfolio to prioritize key strategic initiatives to focus on new markets and capitalize on its major assets, including a resilient business model, innovative capabilities and technological expertise.The company's commitment to climate and the energy transition remains steadfast, with hydrogen playing a vital role in its solutions. Oxygen, nitrogen, and hydrogen have been central to Air Liquide's activities since its inception in 1902, embodying its scientific territory and driving its contributions to life, matter, and energy. Air Liquide's strategic plan also emphasizes progress in areas such as healthcare, digitalization, and high technologies.With a global presence in 73 countries, around 67,100 employees, and a vast customer base of more than 3.9 million customers and patients, Air Liquide is well-equipped to pursue its strategic objectives and create value for its stakeholders.AIQUY’s shares have shot up 41.8% in the past year against the 14.7% rise of its [industry](https://www.zacks.com/stocks/industry-rank/industry/chemical-diversified-34).[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/c1/46201.jpg?v=804417907) Image Source: Zacks Investment Research The Zacks Consensus Estimate for the company’s current-year earnings has been revised 0.8% upward in the past 60 days. The consensus estimate for current-year earnings is currently pegged at $1.31, suggesting year-over-year growth of around 18%.Air Liquide, in the first quarter of 2023, announced two projects in the hydrogen value chain. It launched a project for the construction of an industrial-scale pilot ammonia cracking plant in Belgium. The unit will allow the conversion of ammonia into hydrogen with an optimized carbon footprint. AIQUY also announced the creation of a joint venture with TotalEnergies to develop a network of more than 100 hydrogen refueling stations in Europe for trucks on major European highways. This move is expected to facilitate access to hydrogen and contribute to the strengthening of the hydrogen sector. **Air Liquide Price and Consensus** [](https://www.zacks.com/stock/chart/AIQUY/price-consensus-chart?icid=chart-AIQUY-price-consensus-chart)[Air Liquide price-consensus-chart](https://www.zacks.com/stock/chart/AIQUY/price-consensus-chart?icid=chart-AIQUY-price-consensus-chart) | [Air Liquide Quote](https://www.nasdaq.com/market-activity/stocks/aiquy)******Zacks Rank & Key Picks** AIQUY currently has a Zacks Rank #3 (Hold).Better-ranked stocks worth a look in the basic materials space include **L.B. Foster Company** [FSTR](https://www.nasdaq.com/market-activity/stocks/fstr), **Koppers Holdings Inc.** [KOP](https://www.nasdaq.com/market-activity/stocks/kop) and **Linde plc** [LIN](https://www.nasdaq.com/market-activity/stocks/lin).L.B. Foster currently carries a Zacks Rank #1 (Strong Buy). The Zacks Consensus Estimate for FSTR's current-year earnings has been stable over the past 60 days.L.B. Foster’s earnings beat the Zacks Consensus Estimate in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 140.5%, on average. FSTR shares have gained around 11% in a year.The Zacks Consensus Estimate for Koppers’ current-year earnings has been stable over the past 60 days. KOP currently carries a Zacks Rank #2 (Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list)**.The consensus estimate for current-year earnings for KOP is currently pegged at $4.40, indicating year-over-year growth of 6.3%. Koppers’ shares have rallied roughly 57% in the past year.Linde currently carries a Zacks Rank #2. The Zacks Consensus Estimate for LIN’s current-year earnings has been revised 0.7% upward in the past 60 days.Linde beat the Zacks Consensus Estimate in each of the last four quarters. It delivered a trailing four-quarter earnings surprise of 6.9% on average. LIN shares have risen roughly 40% in the past year.Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_257_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116430)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116430)[Air Liquide (AIQUY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AIQUY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116430)[L.B. Foster Company (FSTR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FSTR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116430)[Koppers Holdings Inc. (KOP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=KOP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116430)[Linde PLC (LIN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=LIN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116430)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116430/air-liquide-aiquy-divests-19-stake-in-hydrogenics-to-cummins?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116430)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 34.1497
Stock Price 2 days before: 33.9353
Stock Price 1 day before: 33.924
Stock Price at release: 34.4277
Risk-Free Rate at release: 0.05275
| 37.2255 |
Symbol: AKRO
Security: Akero Therapeutics, Inc.
Related Stocks/Topics: Stocks|NVS|MRK|ALKS
Title: Here's Why You Should Add Alkermes (ALKS) to Your Portfolio
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 09:02:00
Article: **Alkermes** [ALKS](https://www.nasdaq.com/market-activity/stocks/alks), a biotechnology company, is focused on the development and commercialization of therapies targeting major central nervous system (CNS) disorders, including schizophrenia, depression, addiction and multiple sclerosis.The company derives revenues on net sales of its proprietary products — Vivitrol (alcohol and opioid dependence), Aristada (schizophrenia) and Lybalvi (schizophrenia and bipolar I disorder) — and manufacturing and/or royalty revenues on net sales of products commercialized by the company’s partners. Currently, Alkermes sports a Zacks Rank #1 (Strong Buy).Below, we discuss five reasons why adding ALKS stock to your portfolio may prove beneficial in 2023. **Favorable Share Price Movement:**Alkermes’ shares have outperformed the industry year to date. The stock has rallied 16.7% against the [industry](https://www.zacks.com/stocks/industry-rank/industry/medical-biomedical-and-genetics-105)’s 10.2% decline during the same time frame.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/fb/46205.jpg?v=1138509330) Image Source: Zacks Investment Research** Strong Product Portfolio:**The company's primary revenue sources are its proprietary products — Vivitrol, Aristada, Lybalvi and Vumerity. In the first quarter of 2023, Vivitrol recorded sales of $96.7 million, indicating a 14% increase from the previous year’s level. Aristada recorded sales of $80.1 million, implying a 10% year-over-year improvement. This strong momentum in product sales is expected to continue in the coming quarters. **Lybalvi’s Approval:**ALKS’ progress with products targeting major CNS disorders has been impressive. In June 2021, the FDA approved Lybalvi (olanzapine and samidorphan) for the treatment of adults with schizophrenia and those suffering from bipolar I disorder. The drug is already generating incremental sales, exceeding management’s expectations. **Encouraging Pipeline Progress:**An important candidate in Alkermes’ pipeline is cancer immunotherapy, nemvaleukin alfa (nemvaleukin), which is being evaluated as an intravenous and subcutaneous formulation under the ARTISTRY clinical development program in patients with advanced solid tumors/cancer.The FDA granted a Fast Track designation to nemvaleukin alfa in combination with **Merck’s** [MRK](https://www.nasdaq.com/market-activity/stocks/mrk) Keytruda for the treatment of platinum-resistant ovarian cancer.Keytruda is approved for the treatment of many cancers globally. Merck is gaining from Keytruda’s strong momentum in metastatic indications, including renal cell carcinoma, head and neck squamous cell carcinoma, and a rapid uptake across recent earlier-stage launches.Nemvaleukin alfa received the Fast Track and Orphan Drug designations from the FDA to treat mucosal melanoma. Successful development and subsequent commercialization of these candidates would be a huge boost for the company. **Separation of Oncology Business:**Alkermes is separating its existing oncology business into an independent, publicly-traded company called Mural Oncology plc.The separation, which is expected to be completed by the second half of 2023, will allow Alkermes to focus on developing therapies for neurological conditions and improving profitability. **Conclusion**: With a strong market position and diverse CNS portfolio, ALKS presents an attractive investment opportunity. Approval of Lybalvi has provided a significant boost to sales.Additionally, Alkermes' pipeline progress, particularly with nemvaleukin alfa in cancer immunotherapy, holds potential. Furthermore, the separation of the oncology business is expected to enhance focus and profitability in neurological therapies. **Alkermes plc Price and Consensus** [](https://www.zacks.com/stock/chart/ALKS/price-consensus-chart?icid=chart-ALKS-price-consensus-chart) [Alkermes plc price-consensus-chart](https://www.zacks.com/stock/chart/ALKS/price-consensus-chart?icid=chart-ALKS-price-consensus-chart) | [Alkermes plc Quote](https://www.nasdaq.com/market-activity/stocks/alks)**Other Stocks to Consider** A couple of other top-ranked stocks in the overall healthcare sector are **Novartis** [NVS](https://www.nasdaq.com/market-activity/stocks/nvs) and **Akero** **Therapeutics** [AKRO](https://www.nasdaq.com/market-activity/stocks/akro), both carrying a Zacks Rank #2 (Buy) at present. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**. **The Zacks Consensus Estimate for Novartis’ 2023 earnings has gone up from $6.56 per share to $6.74 in the past 90 days. Shares of Novartis have risen 8.9% year to date.NVS’ earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 5.15%.The consensus estimate for Akero Therapeutics has narrowed from a loss of $2.96 per share to a loss of $2.80 for 2023 in the past 90 days. Shares of the company have nosedived 18.8% year to date. AKRO’s earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 19.13%. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116432)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116432)[Novartis AG (NVS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NVS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116432)[Merck & Co., Inc. (MRK) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MRK&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116432) [Alkermes plc (ALKS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALKS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116432)[Akero Therapeutics, Inc. (AKRO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AKRO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116432)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116432/here-s-why-you-should-add-alkermes-alks-to-your-portfolio?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116432)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 45.1429
Stock Price 2 days before: 45.9747
Stock Price 1 day before: 46.546
Stock Price at release: 44.512
Risk-Free Rate at release: 0.05275
| 44.9832 |
Symbol: GLP
Security: Global Partners LP
Related Stocks/Topics: Stocks|EPM|AROC|SHEL
Title: Shell's (SHEL) Renewables Head Resigns Amid Strategy Shift
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 09:07:00
Article: **Shell plc** [SHEL](https://www.nasdaq.com/market-activity/stocks/shel) announced the resignation of Thomas Brostrom, the head of its renewables business, after less than two years of association with the company. This decision came in the wake of a significant [strategy shift](https://www.zacks.com/stock/news/2108774/shell-shel-focuses-on-fossil-fuels-expects-to-raise-dividend) by SHEL’s CEO Wael Sawan, indicating a renewed focus on oil and gas production and a reduction in investments in renewable energy sources. **Thomas Brostrom's Background and Position at Shell** Brostrom joined Shell in the summer of 2021, leaving his position as a senior executive at Orsted, a Denmark-based wind energy producer. He assumed the role of senior vice president of Global Renewable Solutions at Shell. His appointment was part of the company's ambitious plan to expand its wind and solar operations and achieve significant reductions in greenhouse gas emissions. Under the guidance of former CEO Ben van Beurden, Shell had positioned itself as a major player in the renewable energy market, with Brostrom at the helm of its offshore wind division. **Shell's Strategic Shift** However, the situation changed after Wael Sawan assumed the position of CEO in January. On Jun 14, he announced a strategic shift for the company. Under increased pressure from investors to improve profitability, Shell decided to lay emphasis on oil and gas production. This new initiative led to reduced investments in renewables, a move that directly impacted Brostrom's role as the head of renewables. **The Organizational Restructuring** In response to the strategic shift, Shell initiated a restructuring plan that took effect on Jul 1. As part of this plan, the global role of the executive vice president for renewable generation, previously held by Brostrom, was eliminated.Instead, the production of power from renewable sources will now be managed by regional heads of Shell Energy, who will report directly to executive vice president Steve Hill. **Succession Plan and New Leadership** Following Brostrom's decision to leave Shell, the company announced that Greg Joiner, who is currently the vice president of Shell Energy Australia, will be heading Shell Energy Europe and Emerging Markets Power. While Ajay Shah will lead renewable generation in Asia, Mike Parker will be responsible for overseeing offshore wind engineering. **Conclusion** As the energy landscape continues to evolve, Shell's strategic decision will undoubtedly have implications for its future performance and market positioning. Nonetheless, the company remains committed to delivering shareholders’ value and pursuing a successful business model in the face of extreme adversity. **Zacks Rank and Key Picks** Currently, SHEL carries a Zacks Rank #3 (Hold).Some better-ranked stocks for investors interested in the [energy](https://www.zacks.com/stocks/industry-rank/sector/oils-energy-12) sector are **Evolution Petroleum** [EPM](https://www.nasdaq.com/market-activity/stocks/epm) and **Global Partners** [GLP](https://www.nasdaq.com/market-activity/stocks/glp)**,**both sporting a Zacks Rank #1 (Strong Buy), and **Archrock** [AROC](https://www.nasdaq.com/market-activity/stocks/aroc), carrying a Zacks Rank #2 (Buy) at present. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link)**. **Evolution Petroleum is worth approximately $268.48 million. EPM currently pays a dividend of 48 cents per share, or 5.95% on an annual basis. The company currently has a forward P/E ratio of 7.30. In comparison, its industry has an average forward P/E of 10.40, which means EPM is trading at a discount to the group.Global Partners is valued at around $1.04 billion. In the past year, its units have risen 44.8%.The partnership currently has a forward P/E ratio of 9.01. In comparison, its industry has an average forward P/E of 14.10, which means NGL is trading at a discount to the group.Archrock is valued at around $1.61 billion. It delivered an average earnings surprise of 8.34% for the last four quarters and its current dividend yield is 5.85%.Archrock is a provider of natural gas contract compression services and aftermarket services of compression equipment. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_254_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116443)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116443)[Global Partners LP (GLP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=GLP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116443)[Evolution Petroleum Corporation, Inc. (EPM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=EPM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116443)[Archrock, Inc. (AROC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AROC&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116443)[Shell PLC Unsponsored ADR (SHEL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SHEL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_254&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116443) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116443/shell-s-shel-renewables-head-resigns-amid-strategy-shift?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_energy_sector-2116443)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 30.4951
Stock Price 2 days before: 30.5051
Stock Price 1 day before: 28.4739
Stock Price at release: 26.3814
Risk-Free Rate at release: 0.05275
| 32.8082 |
Symbol: VSEC
Security: VSE Corporation
Related Stocks/Topics: Stocks|WLDN|GTES|HWM
Title: VSE (VSEC) Buys Desser Aerospace to Boost Aviation Business
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 09:55:00
Article: **VSE Corporation** [VSEC](https://www.nasdaq.com/market-activity/stocks/vsec) has completed its acquisition of Desser Aerospace, a global aftermarket solutions provider specializing in specialty distribution and maintenance, repair, and overhaul (MRO) services. Concurrently, VSE also sold Desser Aerospace's Proprietary Solutions businesses to Loar Group Inc., a diversified aerospace and defense manufacturer and supplier. **Acquisition Terms** The acquisition of Desser Aerospace came at a total cash consideration of $124 million, subject to customary working capital adjustments. Simultaneously, VSE sold Desser Aerospace's Proprietary Solutions businesses to Loar for a cash consideration of $30 million. Consequently, VSE's net cash outlay for the acquired assets amounted to $94 million.To facilitate the transaction, VSE amended its existing credit facility with its lending syndicate, securing an incremental $90 million Term Loan A and revising certain financial covenants of the existing credit facility. Post closure of the deal, $90 million of the purchase price was funded with the proceeds from Term Loan A, along with a $4 million drawdown from VSE's existing credit facility. **Buyout Synergies** VSE's president and CEO, John Cuomo, welcomed the skilled team from Desser Aerospace to the VSE Aviation business. He emphasized that the acquisition marks a significant milestone for VSE in expanding its exposure to high-growth and higher-margin aviation distribution and MRO markets. By combining Desser Aerospace's distribution and repair capabilities with VSE Aviation's aftermarket business, the company has broadened its product and service portfolio, setting the stage for international expansion into new markets.The successful acquisition of Desser Aerospace will undoubtedly bolster VSE’s position in the aviation sector. With an expanded product and service portfolio, and a platform for international expansion, VSE is poised to meet the evolving demands of the aviation industry. The strategic move aligns with the company's vision to provide market-leading solutions and technical expertise while enhancing value and performance for its diverse customer base across commercial, business, general aviation and military aftermarket segments. **Share Price Performance** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/36/46230.jpg?v=963493437) Image Source: Zacks Investment ResearchVSEC shares dropped 2.1% during the trading session on Jul 3, 2023, but gained 25.5% over the past three months, outperforming the Zacks [Engineering - R and D Services](https://www.zacks.com/stocks/industry-rank/industry/engineering-r-and-d-services-57) industry’s 14.2% gain.The company's primary focus has been on developing strategies to establish a fully dedicated aftermarket business, exclusively catering to high-margin commercial MRO as well as distribution services. These efforts are directed toward fragmented and expanding end markets, with the goal of generating enhanced long-term value for shareholders.To this end, VSEC announced the sale of its Federal and Defense business segment in the last reported quarter. Also, VSEC successfully finalized the acquisition of Precision Fuel Components, a reputable company specializing in MRO services for engine accessories and fuel systems.Additionally, the company inaugurated a distribution and e-commerce fulfillment center spanning 450,000 square feet in the expanding Memphis, TN region. This facility will play a crucial role in meeting the escalating demand for aftermarket products among its commercial fleet and e-commerce clientele. **Zacks Rank** A prominent provider of aftermarket distribution and MRO services for transportation assets in both commercial and government sectors, VSE currently carries a Zacks Rank #3 (Hold). **3 Better-Ranked Construction Stocks Hogging the Limelight****Willdan Group, Inc.** [WLDN](https://www.nasdaq.com/market-activity/stocks/wldn) is a nationwide provider of professional, technical and consulting services to utilities, government agencies and private industry.Willdan Group’s expected earnings growth rate for 2023 is 38.6%. The consensus mark for WLDN’s 2023 earnings has moved north to $1.22 per share from $1.05 in the past 60 days. WLDN presently sports a Zacks Rank #1 (Strong Buy).You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). **Gates Industrial Corporation plc** [GTES](https://www.nasdaq.com/market-activity/stocks/gtes) is a manufacturer of engineered power transmission and fluid power solutions.GTES currently carries a Zacks Rank #2 (Buy). Its expected earnings growth rate for 2023 is 3.5%. The consensus mark for GTES’ 2023 earnings has moved north to $1.18 per share from $1.17 in the past 60 days. **Howmet Aerospace, Inc.** [HWM](https://www.nasdaq.com/market-activity/stocks/hwm) is a global manufacturer of engineered products serving the aerospace, defense and commercial transportation industries. The company is expected to benefit from higher aircraft production rates and ease of supply chains in the transportation market.Howmet Aerospace currently carries a Zacks Rank of 2. HWM’s earnings for 2023 are expected to grow 20.7%. The consensus mark for HWM’s 2023 earnings has moved north to $1.69 per share from $1.64 in the past 60 days.Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_257_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[Willdan Group, Inc. (WLDN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=WLDN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[VSE Corporation (VSEC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=VSEC&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[Gates Industrial Corporation PLC (GTES) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=GTES&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[Howmet Aerospace Inc. (HWM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=HWM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116479/vse-vsec-buys-desser-aerospace-to-boost-aviation-business?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 55.4808
Stock Price 2 days before: 54.3493
Stock Price 1 day before: 54.8343
Stock Price at release: 53.6465
Risk-Free Rate at release: 0.05275
| 52.9564 |
Symbol: WLDN
Security: Willdan Group, Inc.
Related Stocks/Topics: Stocks|VSEC|GTES|HWM
Title: VSE (VSEC) Buys Desser Aerospace to Boost Aviation Business
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 09:55:00
Article: **VSE Corporation** [VSEC](https://www.nasdaq.com/market-activity/stocks/vsec) has completed its acquisition of Desser Aerospace, a global aftermarket solutions provider specializing in specialty distribution and maintenance, repair, and overhaul (MRO) services. Concurrently, VSE also sold Desser Aerospace's Proprietary Solutions businesses to Loar Group Inc., a diversified aerospace and defense manufacturer and supplier. **Acquisition Terms** The acquisition of Desser Aerospace came at a total cash consideration of $124 million, subject to customary working capital adjustments. Simultaneously, VSE sold Desser Aerospace's Proprietary Solutions businesses to Loar for a cash consideration of $30 million. Consequently, VSE's net cash outlay for the acquired assets amounted to $94 million.To facilitate the transaction, VSE amended its existing credit facility with its lending syndicate, securing an incremental $90 million Term Loan A and revising certain financial covenants of the existing credit facility. Post closure of the deal, $90 million of the purchase price was funded with the proceeds from Term Loan A, along with a $4 million drawdown from VSE's existing credit facility. **Buyout Synergies** VSE's president and CEO, John Cuomo, welcomed the skilled team from Desser Aerospace to the VSE Aviation business. He emphasized that the acquisition marks a significant milestone for VSE in expanding its exposure to high-growth and higher-margin aviation distribution and MRO markets. By combining Desser Aerospace's distribution and repair capabilities with VSE Aviation's aftermarket business, the company has broadened its product and service portfolio, setting the stage for international expansion into new markets.The successful acquisition of Desser Aerospace will undoubtedly bolster VSE’s position in the aviation sector. With an expanded product and service portfolio, and a platform for international expansion, VSE is poised to meet the evolving demands of the aviation industry. The strategic move aligns with the company's vision to provide market-leading solutions and technical expertise while enhancing value and performance for its diverse customer base across commercial, business, general aviation and military aftermarket segments. **Share Price Performance** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/36/46230.jpg?v=963493437) Image Source: Zacks Investment ResearchVSEC shares dropped 2.1% during the trading session on Jul 3, 2023, but gained 25.5% over the past three months, outperforming the Zacks [Engineering - R and D Services](https://www.zacks.com/stocks/industry-rank/industry/engineering-r-and-d-services-57) industry’s 14.2% gain.The company's primary focus has been on developing strategies to establish a fully dedicated aftermarket business, exclusively catering to high-margin commercial MRO as well as distribution services. These efforts are directed toward fragmented and expanding end markets, with the goal of generating enhanced long-term value for shareholders.To this end, VSEC announced the sale of its Federal and Defense business segment in the last reported quarter. Also, VSEC successfully finalized the acquisition of Precision Fuel Components, a reputable company specializing in MRO services for engine accessories and fuel systems.Additionally, the company inaugurated a distribution and e-commerce fulfillment center spanning 450,000 square feet in the expanding Memphis, TN region. This facility will play a crucial role in meeting the escalating demand for aftermarket products among its commercial fleet and e-commerce clientele. **Zacks Rank** A prominent provider of aftermarket distribution and MRO services for transportation assets in both commercial and government sectors, VSE currently carries a Zacks Rank #3 (Hold). **3 Better-Ranked Construction Stocks Hogging the Limelight****Willdan Group, Inc.** [WLDN](https://www.nasdaq.com/market-activity/stocks/wldn) is a nationwide provider of professional, technical and consulting services to utilities, government agencies and private industry.Willdan Group’s expected earnings growth rate for 2023 is 38.6%. The consensus mark for WLDN’s 2023 earnings has moved north to $1.22 per share from $1.05 in the past 60 days. WLDN presently sports a Zacks Rank #1 (Strong Buy).You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). **Gates Industrial Corporation plc** [GTES](https://www.nasdaq.com/market-activity/stocks/gtes) is a manufacturer of engineered power transmission and fluid power solutions.GTES currently carries a Zacks Rank #2 (Buy). Its expected earnings growth rate for 2023 is 3.5%. The consensus mark for GTES’ 2023 earnings has moved north to $1.18 per share from $1.17 in the past 60 days. **Howmet Aerospace, Inc.** [HWM](https://www.nasdaq.com/market-activity/stocks/hwm) is a global manufacturer of engineered products serving the aerospace, defense and commercial transportation industries. The company is expected to benefit from higher aircraft production rates and ease of supply chains in the transportation market.Howmet Aerospace currently carries a Zacks Rank of 2. HWM’s earnings for 2023 are expected to grow 20.7%. The consensus mark for HWM’s 2023 earnings has moved north to $1.69 per share from $1.64 in the past 60 days.Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_257_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[Willdan Group, Inc. (WLDN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=WLDN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[VSE Corporation (VSEC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=VSEC&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[Gates Industrial Corporation PLC (GTES) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=GTES&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[Howmet Aerospace Inc. (HWM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=HWM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116479/vse-vsec-buys-desser-aerospace-to-boost-aviation-business?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116479)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 18.6265
Stock Price 2 days before: 19.0804
Stock Price 1 day before: 19.3072
Stock Price at release: 18.6323
Risk-Free Rate at release: 0.05275
| 19.8155 |
Symbol: OI
Security: O-I Glass, Inc.
Related Stocks/Topics: Stocks|MTW|ATR|ALLE
Title: Reasons to Add O-I Glass (OI) Stock to Your Portfolio
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 10:00:00
Article: **O-I Glass, Inc.** [OI](https://www.nasdaq.com/market-activity/stocks/oi) has been recording year-over-year improvement in its top and bottom lines in the last five quarters, benefiting from higher prices and continued margin expansion initiatives. The company is expected to take this momentum forward, backed by the growing preference for glass as a healthy, premium and sustainable packaging option for food and beverage. OI’s investment in boosting its production capacity to capitalize on this trend will fuel growth. Acquisitions and product innovations are also likely to act as key catalysts. **Top Zacks Rank & Upbeat Price Performance** The company currently carries a Zacks Rank #2 (Buy).Shares of the company have gained 59.5% in a year’s time compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/glas-products-80)’s 13.9% growth. The Zacks [Industrial Products](https://www.zacks.com/stocks/industry-rank/sector/industrial-products-7) sector has gained 25% and the S&P 500 composite has risen 16% in the same time frame. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/69/46220.jpg?v=1426217834) Image Source: Zacks Investment Research** Positive Earnings Surprise History** O-I Glass’ earnings outpaced estimates in all four trailing quarters, the average surprise being 21.2%. **Upbeat Outlook for 2023**In the last reported quarter, the company delivered a solid 130% improvement in its earnings per share on strong net price realization, solid operating performance and benefits from the company’s ongoing margin expansion initiatives. Expecting these factors to continue, OI projects adjusted earnings per share to be in the range of $3.05 to $3.25 for 2023, the midpoint of which indicates year-over-year growth of 37%. The Zacks Consensus Estimate for 2023 earnings is $3.17 per share, which indicates year-over-year growth of 38%. **Upward Revision in Estimates** The Zacks Consensus Estimate for OI’s earnings for 2023 has moved up 5% over the past 60 days and is currently pegged at $3.17 per share. The consensus mark for 2024 earnings has also seen a northward revision of 1% to $3.09 per share. **Superior Return on Equity** O-I Glass’ trailing 12-month Return on Equity (ROE) supports its growth potential. The company’s ROE of 27.4% is much higher than the industry’s average ROE of 0.9%, reflecting its efficiency in utilizing shareholders’ funds. **Rising Glass Demand Bodes Well** Glass packaging is now been preferred by customers due to its recyclability and being a healthier and safer alternative to plastic packaging. O-I Glass is thus investing in incremental capacity, joint ventures and acquisitions in emerging geographies to capitalize on this trend. To this end, OI intends to invest up to $630 million in new capacity expansion over the next three-year period, which is expected to generate an average internal return rate of 20%. **MAGMA Expected to be a Key Catalyst** O-I Glass is firmly focused on driving innovation. Its glass melting technology, known as the MAGMA program, aids in reducing the amount of capital required to install, rebuild and operate OI’s furnaces. The MAGMA program is being implemented using a multi-generational development roadmap. **Riding on the Margin Expansion Initiative** O-I Glass is taking a few initiatives as part of its transformation plan from 2022 through 2024. It expects its margin expansion initiative to generate annual benefits of more than $100 million. The company successfully completed its $1.5 billion Portfolio Optimization program and the proceeds from the program have been utilized to repay debt, fund attractive expansion projects and improve financial strength. **Other Stocks to Consider** Some other top-ranked stocks in the Industrial Products sector are The **Manitowoc Company, Inc.** [MTW](https://www.nasdaq.com/market-activity/stocks/mtw), **Allegion** [ALLE](https://www.nasdaq.com/market-activity/stocks/alle) and **AptarGroup** [ATR](https://www.nasdaq.com/market-activity/stocks/atr).Manitowoc has an average trailing four-quarter earnings surprise of 256.3%. The Zacks Consensus Estimate for MTW’s 2023 earnings is pegged at $1.12 per share, which suggests year-over-year growth of 5.7%. The estimate has been revised upward by 32% over the past 60 days.MTW’s shares have gained 78% in the past year. The stock currently sports a Zacks Rank #1 (Strong Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**.Allegion has an average trailing four-quarter earnings surprise of 12.5%. The Zacks Consensus Estimate for Allegion’s fiscal 2023 earnings has moved up 1% in the past 60 days to $6.63 per share. The consensus mark suggests year-over-year growth of 16.5%.ALLE has an average trailing four-quarter earnings surprise of 12.5%. Its shares have gained 19% in the past year.The consensus estimate for AptarGroup’s 2023 earnings per share is currently at $4.16. The estimate has moved up 3% in the past 60 days. The estimate projects year-over-year growth of 9.8%. ATR has a trailing four-quarter average earnings surprise of 6.4%. AptarGroup’s shares have gained 12% in a year’s time. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[O-I Glass, Inc. (OI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=OI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[AptarGroup, Inc. (ATR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ATR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[Allegion PLC (ALLE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALLE&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116481/reasons-to-add-o-i-glass-oi-stock-to-your-portfolio?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 21.1029
Stock Price 2 days before: 21.328
Stock Price 1 day before: 21.6207
Stock Price at release: 21.7302
Risk-Free Rate at release: 0.05275
| 20.2697 |
Symbol: PARR
Security: Par Pacific Holdings, Inc.
Related Stocks/Topics: Stocks|CHK
Title: How to Find Strong Oils and Energy Stocks Slated for Positive Earnings Surprises
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 10:00:00
Article: Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important.We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises. Now that we know how important earnings and earnings surprises are, it's time to show investors how to take advantage of these events to boost their returns by utilizing the Zacks Earnings ESP filter. **The Zacks Earnings ESP, Explained** The Zacks Expected Surprise Prediction, or ESP, works by locking in on the most up-to-date analyst earnings revisions because they can be more accurate than estimates from weeks or even months before the actual release date. The thinking is pretty straightforward: analysts who provide earnings estimates closer to the report are likely to have more information.Now that we understand the basic idea, let's look at how the Expected Surprise Prediction works. The ESP is calculated by comparing the Most Accurate Estimate to the Zacks Consensus Estimate, with the percentage difference between the two giving us the Zacks ESP figure.When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.Most stocks, about 60%, fall into the #3 (Hold) category, and they are expected to perform in-line with the broader market. Stocks with a #2 (Buy) and #1 (Strong Buy) rating, or the top 15% and top 5% of stocks, respectively, should outperform the market, with Strong Buy stocks outperforming more than any other rank. **Should You Consider Chesapeake Energy?**Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. **Chesapeake Energy (CHK)** earns a #3 (Hold) right now and its Most Accurate Estimate sits at $0.92 a share, just 28 days from its upcoming earnings release on August 1, 2023.By taking the percentage difference between the $0.92 Most Accurate Estimate and the $0.80 Zacks Consensus Estimate, Chesapeake Energy has an Earnings ESP of +15%. Investors should also know that CHK is one of a large group of stocks with positive ESPs. Make sure to utilize our [Earnings ESP Filter](https://www.zacks.com/registration/premium/login/?continue_to=/premium/esp-buy/&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_543_070423&icid=blog-tale_of_the_tape|zacks_education_earnings_esp-ARTCAT|070423-ZP-commentary_blog-text-eoac) to uncover the best stocks to buy or sell before they've reported.CHK is just one of a large group of Oils and Energy stocks with a positive ESP figure. **Par Petroleum (PARR)** is another qualifying stock you may want to consider.Par Petroleum, which is readying to report earnings on August 14, 2023, sits at a Zacks Rank #3 (Hold) right now. It's Most Accurate Estimate is currently $1.32 a share, and PARR is 41 days out from its next earnings report.For Par Petroleum, the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $1.18 is +11.75%. Because both stocks hold a positive Earnings ESP, CHK and PARR could potentially post earnings beats in their next reports. **Find Stocks to Buy or Sell Before They're Reported** Use the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. [Check it out here >>](https://www.zacks.com/registration/premium/login/?continue_to=/premium/esp-buy/&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_543_070423&icid=blog-tale_of_the_tape|zacks_education_earnings_esp-ARTCAT|070423-ZP-commentary_blog-text-eoac)**The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_TALEOFTAPE_543_07042023&cid=CS-NASDAQ-FT-tale_of_the_tape|zacks_education_earnings_esp-2116425)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_543&cid=CS-NASDAQ-FT-tale_of_the_tape|zacks_education_earnings_esp-2116425) [Chesapeake Energy Corporation (CHK) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CHK&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_543&cid=CS-NASDAQ-FT-tale_of_the_tape|zacks_education_earnings_esp-2116425)[Par Pacific Holdings, Inc. (PARR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=PARR&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_543&cid=CS-NASDAQ-FT-tale_of_the_tape|zacks_education_earnings_esp-2116425) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116425/how-to-find-strong-oils-and-energy-stocks-slated-for-positive-earnings-surprises?cid=CS-NASDAQ-FT-tale_of_the_tape|zacks_education_earnings_esp-2116425)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 26.3051
Stock Price 2 days before: 26.7464
Stock Price 1 day before: 26.7751
Stock Price at release: 26.7921
Risk-Free Rate at release: 0.05275
| 31.6119 |
Symbol: MTW
Security: The Manitowoc Company, Inc.
Related Stocks/Topics: Stocks|OI|ATR|ALLE
Title: Reasons to Add O-I Glass (OI) Stock to Your Portfolio
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 10:00:00
Article: **O-I Glass, Inc.** [OI](https://www.nasdaq.com/market-activity/stocks/oi) has been recording year-over-year improvement in its top and bottom lines in the last five quarters, benefiting from higher prices and continued margin expansion initiatives. The company is expected to take this momentum forward, backed by the growing preference for glass as a healthy, premium and sustainable packaging option for food and beverage. OI’s investment in boosting its production capacity to capitalize on this trend will fuel growth. Acquisitions and product innovations are also likely to act as key catalysts. **Top Zacks Rank & Upbeat Price Performance** The company currently carries a Zacks Rank #2 (Buy).Shares of the company have gained 59.5% in a year’s time compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/glas-products-80)’s 13.9% growth. The Zacks [Industrial Products](https://www.zacks.com/stocks/industry-rank/sector/industrial-products-7) sector has gained 25% and the S&P 500 composite has risen 16% in the same time frame. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/69/46220.jpg?v=1426217834) Image Source: Zacks Investment Research** Positive Earnings Surprise History** O-I Glass’ earnings outpaced estimates in all four trailing quarters, the average surprise being 21.2%. **Upbeat Outlook for 2023**In the last reported quarter, the company delivered a solid 130% improvement in its earnings per share on strong net price realization, solid operating performance and benefits from the company’s ongoing margin expansion initiatives. Expecting these factors to continue, OI projects adjusted earnings per share to be in the range of $3.05 to $3.25 for 2023, the midpoint of which indicates year-over-year growth of 37%. The Zacks Consensus Estimate for 2023 earnings is $3.17 per share, which indicates year-over-year growth of 38%. **Upward Revision in Estimates** The Zacks Consensus Estimate for OI’s earnings for 2023 has moved up 5% over the past 60 days and is currently pegged at $3.17 per share. The consensus mark for 2024 earnings has also seen a northward revision of 1% to $3.09 per share. **Superior Return on Equity** O-I Glass’ trailing 12-month Return on Equity (ROE) supports its growth potential. The company’s ROE of 27.4% is much higher than the industry’s average ROE of 0.9%, reflecting its efficiency in utilizing shareholders’ funds. **Rising Glass Demand Bodes Well** Glass packaging is now been preferred by customers due to its recyclability and being a healthier and safer alternative to plastic packaging. O-I Glass is thus investing in incremental capacity, joint ventures and acquisitions in emerging geographies to capitalize on this trend. To this end, OI intends to invest up to $630 million in new capacity expansion over the next three-year period, which is expected to generate an average internal return rate of 20%. **MAGMA Expected to be a Key Catalyst** O-I Glass is firmly focused on driving innovation. Its glass melting technology, known as the MAGMA program, aids in reducing the amount of capital required to install, rebuild and operate OI’s furnaces. The MAGMA program is being implemented using a multi-generational development roadmap. **Riding on the Margin Expansion Initiative** O-I Glass is taking a few initiatives as part of its transformation plan from 2022 through 2024. It expects its margin expansion initiative to generate annual benefits of more than $100 million. The company successfully completed its $1.5 billion Portfolio Optimization program and the proceeds from the program have been utilized to repay debt, fund attractive expansion projects and improve financial strength. **Other Stocks to Consider** Some other top-ranked stocks in the Industrial Products sector are The **Manitowoc Company, Inc.** [MTW](https://www.nasdaq.com/market-activity/stocks/mtw), **Allegion** [ALLE](https://www.nasdaq.com/market-activity/stocks/alle) and **AptarGroup** [ATR](https://www.nasdaq.com/market-activity/stocks/atr).Manitowoc has an average trailing four-quarter earnings surprise of 256.3%. The Zacks Consensus Estimate for MTW’s 2023 earnings is pegged at $1.12 per share, which suggests year-over-year growth of 5.7%. The estimate has been revised upward by 32% over the past 60 days.MTW’s shares have gained 78% in the past year. The stock currently sports a Zacks Rank #1 (Strong Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**.Allegion has an average trailing four-quarter earnings surprise of 12.5%. The Zacks Consensus Estimate for Allegion’s fiscal 2023 earnings has moved up 1% in the past 60 days to $6.63 per share. The consensus mark suggests year-over-year growth of 16.5%.ALLE has an average trailing four-quarter earnings surprise of 12.5%. Its shares have gained 19% in the past year.The consensus estimate for AptarGroup’s 2023 earnings per share is currently at $4.16. The estimate has moved up 3% in the past 60 days. The estimate projects year-over-year growth of 9.8%. ATR has a trailing four-quarter average earnings surprise of 6.4%. AptarGroup’s shares have gained 12% in a year’s time. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MTW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[O-I Glass, Inc. (OI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=OI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[AptarGroup, Inc. (ATR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ATR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[Allegion PLC (ALLE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALLE&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116481/reasons-to-add-o-i-glass-oi-stock-to-your-portfolio?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116481)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 18.9355
Stock Price 2 days before: 19.0478
Stock Price 1 day before: 18.856
Stock Price at release: 18.8613
Risk-Free Rate at release: 0.05275
| 17.8658 |
Symbol: DXPE
Security: DXP Enterprises, Inc.
Related Stocks/Topics: Stocks
Title: What Makes DXP Enterprises (DXPE) a Good Fit for 'Trend Investing'
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 10:00:00
Article: Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going. Our "Recent Price Strength" screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness. **DXP Enterprises** (DXPE) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors.A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. DXPE is quite a good fit in this regard, gaining 41.1% over this period.However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 12.1% over the past four weeks ensures that the trend is still in place for the stock of this industrial products supplier.Moreover, DXPE is currently trading at 99.4% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout. Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements.The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see [the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>](https://www.zacks.com/registration/premium/login/?continue_to=/stocks/buy-list&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_540_070423&icid=blog-tale_of_the_tape|recent_price_strength_screen-ARTCAT|070423-ZP-commentary_blog-text-eoac) Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance.So, the price trend in DXPE may not reverse anytime soon.In addition to DXPE, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria. This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 [Zacks Premium Screens](https://www.zacks.com/registration/premium/login/?continue_to=/screening/premium-screens&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_540_070423&icid=blog-tale_of_the_tape|recent_price_strength_screen-ARTCAT|070423-ZP-commentary_blog-text-eoac) that are strategically created to beat the market.However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.Click here [to sign up for a free trial to the Research Wizard today.](https://www.zacks.com/registration/rw/welcome/eoffer/4437?adid=ZCOM_RW_ARTCAT_TALEOFTAPE_540_070423&icid=blog-tale_of_the_tape|recent_price_strength_screen-ARTCAT|070423-RW-commentary_blog-text-eoac)**The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_TALEOFTAPE_540_07042023&cid=CS-NASDAQ-FT-tale_of_the_tape|recent_price_strength_screen-2116420)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_540&cid=CS-NASDAQ-FT-tale_of_the_tape|recent_price_strength_screen-2116420)[DXP Enterprises, Inc. (DXPE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=DXPE&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_540&cid=CS-NASDAQ-FT-tale_of_the_tape|recent_price_strength_screen-2116420)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116420/what-makes-dxp-enterprises-dxpe-a-good-fit-for-trend-investing?cid=CS-NASDAQ-FT-tale_of_the_tape|recent_price_strength_screen-2116420)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 36.9381
Stock Price 2 days before: 36.3733
Stock Price 1 day before: 36.9057
Stock Price at release: 37.0676
Risk-Free Rate at release: 0.05275
| 37.417 |
Symbol: KOP
Security: Koppers Holdings Inc.
Related Stocks/Topics: Stocks|FSTR|FUL|LIN
Title: H.B. Fuller (FUL) Q2 Earnings & Sales Miss on Lower Volumes
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 10:17:00
Article: **H.B. Fuller Company** [FUL](https://www.nasdaq.com/market-activity/stocks/ful) announced its second-quarter fiscal 2023 financial results. It reported adjusted earnings per share (EPS) of 93 cents. This figure fell short of the Zacks Consensus Estimate of $1.01, resulting in a negative earnings surprise of 7.92%. Adjusted EPS also declined from the prior-year quarter, primarily due to higher interest expense and unfavorable foreign currency impacts.The company's net revenues for the quarter came in at $898.2 million, reflecting a 9.6% decline from the previous year's $993.3 million. This decrease in revenues was due to a 14.2% drop in volume, which was the result of customer destocking actions and slower industrial demand across all three global business units. The company also missed the Zacks Consensus Estimate for revenues of $964.2 million by 6.84%. **H. B. Fuller Company Price, Consensus and EPS Surprise** [](https://www.zacks.com/stock/chart/FUL/price-consensus-eps-surprise-chart?icid=chart-FUL-price-consensus-eps-surprise-chart)[H. B. Fuller Company price-consensus-eps-surprise-chart](https://www.zacks.com/stock/chart/FUL/price-consensus-eps-surprise-chart?icid=chart-FUL-price-consensus-eps-surprise-chart) | [H. B. Fuller Company Quote](https://www.nasdaq.com/market-activity/stocks/ful) However, H.B. Fuller benefited from favorable pricing actions, which contributed 5.9 percentage points to organic growth, partially offsetting the volume decline. However, foreign currency translation had a negative impact of 3.4 percentage points on net revenue growth, while acquisitions contributed positively, increasing net revenue growth by 2.1 percentage points.The company's gross profit for the quarter was $257 million, with an adjusted gross profit of $261 million. The adjusted gross profit margin experienced a year-on-year increase of 330 basis points to reach 29%. This improvement was primarily attributed to pricing and raw material cost actions, as well as operating efficiencies. These factors managed to offset the impact of lower volume on the gross margin.Selling, general, and administrative (SG&A) expenses for the quarter were $167 million, and adjusted SG&A remained relatively flat year-on-year at $159 million. The company's good cost management, restructuring benefits and favorable foreign currency impacts helped counterbalance inflation in wages and services.Adjusted EBITDA for the quarter amounted to $143 million, indicating a 3% increase from the same quarter in the previous year. The adjusted EBITDA margin experienced a year-on-year increase of 190 basis points, reaching 15.9%. This improvement was primarily driven by pricing and raw material cost actions, restructuring savings and other efficiencies. However, these gains were partially offset by the impacts of lower volume and inflation in wages and other costs. **Financials** H.B. Fuller's net debt at the end of the second quarter of fiscal 2023 was $1,779 million, showing a sequential increase of $31 million, primarily due to acquisitions. However, on a year-on-year basis, net debt decreased $89 million.Cash flow from operations in the second quarter was $103 million, up $94 million from the year-ago quarter, driven by improved margins and reduced net working capital requirements. **Outlook** The company expressed confidence in its future performance. Despite a challenging volume environment and global industrial slowdown, underlying demand across the portfolio remains strong. The impact of customer destocking is tapering and year-over-year volume comparisons are expected to improve in the second half of the year. H.B. Fuller's diverse portfolio and innovation pipeline support ongoing product upgrades, driving profit growth. The company anticipates fading destocking activities, expanding EBITDA margins, improved demand in China, favorable foreign currency comparisons and continued benefits from restructuring. Overall, the company expects a stronger performance in the second half of the year.The company sees adjusted EBITDA for fiscal 2023 in the band of $580-$610 million, representing growth of around 9-15% versus fiscal year 2022. Adjusted EPS is projected to be in the range of $3.80-$4.20, down 5% to up 5% year over year. Both net revenues and organic revenues for fiscal 2023 are now forecast to be down 3-5% year over year. **Price Performance** The company’s shares have risen 18.4% in the past year compared with the [industry’s](https://www.zacks.com/stocks/industry-rank/industry/chemical-specialty-37) 15.2% increase. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/08/46207.jpg?v=1144800518) Image Source: Zacks Investment Research** Zacks Rank & Key Picks** H.B. Fullercurrently carries a Zacks Rank #4 (Sell).Some better-ranked stocks in the basic materials space include **L.B. Foster** **Company** [FSTR](https://www.nasdaq.com/market-activity/stocks/fstr), sporting a Zacks Rank #1 (Strong Buy), and **Koppers Holdings Inc**. [KOP](https://www.nasdaq.com/market-activity/stocks/kop) and **Linde Plc** [LIN](https://www.nasdaq.com/market-activity/stocks/lin), carrying a Zacks Rank #2 (Buy) each. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list).The Zacks Consensus Estimate for L.B. Foster’s current-year earnings is pegged at 53 cents per share, indicating year-over-year growth of 112.5%. The company’s shares have gained around 11.1% in the past year. FSTR beat the Zacks Consensus Estimate in all the last four quarters. It delivered a trailing four-quarter earnings surprise of 140.5%, on average.Koppers currently carries a Zacks Rank #2. The consensus estimate for current-year earnings for KOP is currently pegged at $4.40, suggesting year-over-year growth of 6.3%. Koppers’shares have rallied roughly 51.1% in the past year. The Zacks Consensus Estimate for Linde’s current-year earnings has been revised 4.4% upward in the past 60 days. LIN beat the Zacks Consensus Estimate in all the last four quarters, with the average earnings surprise being 6.9%. The company’s shares have gained 32.5% in the past year. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_210_07042023&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2116446)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2116446)[L.B. Foster Company (FSTR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FSTR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2116446)[Koppers Holdings Inc. (KOP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=KOP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2116446)[H. B. Fuller Company (FUL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FUL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2116446) [Linde PLC (LIN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=LIN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_210&cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2116446)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116446/h-b-fuller-ful-q2-earnings-sales-miss-on-lower-volumes?cid=CS-NASDAQ-FT-analyst_blog|earnings_article-2116446)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 33.9537
Stock Price 2 days before: 33.9353
Stock Price 1 day before: 34.571
Stock Price at release: 34.4277
Risk-Free Rate at release: 0.05275
| 37.7491 |
Symbol: ARHS
Security: Arhaus, Inc.
Related Stocks/Topics: OSTK|Markets|AAN|SHOP|ETSY
Title: Overstock Looks Beyond Overbought After Bed Bath Re-Brand
Type: News
Publication: MarketBeat
Publication Author: MarketBeat Staff, MarketBeat Contributor
Date: 2023-07-04 10:35:00
Article: What do online home furnisher [Overstock.com, Inc. (NASDAQ:OSTK)](http://www.nasdaq.com/symbol/ostk) and clothing retailer Burlington Stores have in common? Both are turning to the bankrupt Bed Bath & Beyond to generate inexpensive growth. In the case of Burlington, it’s 50 shuttered Bed Bath & Beyond locations to drive brick-and-mortar expansion. For Overstock, it's about much more. Last week, the struggling [e-commerce](https://www.marketbeat.com/originals/3-ecommerce-stocks-to-consider-for-long-term-buys/) challenger announced that it acquired the Bed Bath & Beyond website, customer database and other digital assets for $21.5 million in cash. Assets related to Bed Bath’s physical retail footprint were excluded from the deal. The bold move will also see Overstock take on the well-known Bed Bath & Beyond name. The company plans to re-launch new websites, mobile apps and loyalty programs in the U.S. and Canada in the coming weeks. The news helped Overstock.com finish the week in style on a 27.5% two-day run. After surging 61% in the second quarter, the stock is now a top 100 [Russell 2000](https://www.marketbeat.com/types-of-stock/russell-2000-stocks/) performer in 2023. The unlikely ascent comes after Overstock reported a seventh consecutive period of lower sales and a net loss in the first quarter. Tucked away in the Bed Bath & Beyond press release was a preview of the second quarter financials. Due to weak consumer sentiment and promotional activity, Q2 sales are estimated to have declined “in the low-20% range” compared to last year. Blaming the tough macro backdrop has some merit. [Consumers](https://www.marketbeat.com/originals/11-best-consumer-discretionary-stocks-of-2023/) are simply spending less on big-ticket items. But there are two reasons for concern: 1) June consumer sentiment came in higher than expected and is up 28% year-over-year and 2) some [home furnishing](https://www.marketbeat.com/originals/3-reasons-the-wayfair-rally-is-way-overdone/) peers are growing. In Q1, fellow small caps Aarons and Arhaus each grew their sales more than 20%. These suggest Overstock’s underperformance is about more than the economy. In the highly competitive [furniture market](https://www.marketbeat.com/originals/a-love-hate-relationship-with-the-lovesac-company/), Overstock.com just isn’t a strong name in consumers’ minds — hence the re-branding. But switching to a Bed Bath & Beyond brand that former shoppers may associate with bankruptcy (a.k.a. failure) could fall short, if not backfire. ****How Did Wall Street React to the Overstock News?**** [Wall Street](https://www.marketbeat.com/originals/wall-street-sees-500-in-netflixs-coming-attractions/) research groups have thus far had mixed reviews of the digital Bed Bath & Beyond shift. Barclays stuck with its Hold rating and gave Overstock a $19 [price target](http://www.nasdaq.com/symbol/ostkprice-target/). Considering this represents more than 40% downside from Friday’s close, a Sell may be more fitting. Jeffries also took a neutral stance but, in recognition of the new brand's value, raised its target to $32. This implies that the news is already fully baked into the share price. Wedbush struck a [bullish](https://www.marketbeat.com/originals/analysts-bullish-on-exact-sciences-advanced-cancer-screening/) tone in reiterating Buy, but its accompanying $34 target is far from bullish. At the extreme other end, D.A. Davidson gave Overstock an outlandish $92 target that suggests the stock will nearly triple from here. It’s unclear to what extent traders used this information during the high volume run up, but chances are this had a significant impact. The D.A. Davidson analyst has a strong track record in [e-commerce](https://www.marketbeat.com/compare-stocks/ecommerce-stocks/) following well-timed calls on [Shopify](https://www.marketbeat.com/originals/shopify-soars-6-on-logistics-sale-eps-forecast-to-grow-715/), Etsy and Fitbit. ****Is Overstock.com Technically Overbought?**** On the [daily chart](http://www.nasdaq.com/symbol/ostkchart/), Overstock’s relative strength indicator (RSI) reading of 79 is the highest it has been since November 2021. This marked the stock’s final days above $100 before dropping as low as $17. Not a great precedent. Nor is the fact that Overstock outstretched its upper Bollinger band by 10% on Friday. Similar breaches in the post-pandemic era have been followed by steady downturns. Friday’s trading volume being half what it was on Thursday also suggests the [rally](https://www.marketbeat.com/originals/3-restaurant-stocks-ready-to-rally/) may soon fizzle. With this said Overstock is now dangerously close to its 250-day [resistance level](https://www.marketbeat.com/originals/breaking-resistance-xli-signals-industrial-sector-shift/) of $33.90. If it can break through that line with conviction, a move to the $40’s and ‘beyond’ is plausible. Volume will need to be heavy, however, to believe that can happen. While the re-branding news sparked enthusiasm for Overstock shares, it will ultimately have to translate to stronger sales and profits. Until the [fundamentals](https://www.marketbeat.com/originals/nikola-stock-surge-changing-fundamentals-or-short-squeeze/) improve drastically, the news will amount to a PR gimmick. Get the loofah ready. Investors that chase the stock here could take a bath.
Stock Price 4 days before: 10.2437
Stock Price 2 days before: 10.5402
Stock Price 1 day before: 10.3867
Stock Price at release: 10.5571
Risk-Free Rate at release: 0.05275
| 11.6396 |
Symbol: AAN
Security: The Aaron's Company, Inc.
Related Stocks/Topics: OSTK|Markets|ARHS|SHOP|ETSY
Title: Overstock Looks Beyond Overbought After Bed Bath Re-Brand
Type: News
Publication: MarketBeat
Publication Author: MarketBeat Staff, MarketBeat Contributor
Date: 2023-07-04 10:35:00
Article: What do online home furnisher [Overstock.com, Inc. (NASDAQ:OSTK)](http://www.nasdaq.com/symbol/ostk) and clothing retailer Burlington Stores have in common? Both are turning to the bankrupt Bed Bath & Beyond to generate inexpensive growth. In the case of Burlington, it’s 50 shuttered Bed Bath & Beyond locations to drive brick-and-mortar expansion. For Overstock, it's about much more. Last week, the struggling [e-commerce](https://www.marketbeat.com/originals/3-ecommerce-stocks-to-consider-for-long-term-buys/) challenger announced that it acquired the Bed Bath & Beyond website, customer database and other digital assets for $21.5 million in cash. Assets related to Bed Bath’s physical retail footprint were excluded from the deal. The bold move will also see Overstock take on the well-known Bed Bath & Beyond name. The company plans to re-launch new websites, mobile apps and loyalty programs in the U.S. and Canada in the coming weeks. The news helped Overstock.com finish the week in style on a 27.5% two-day run. After surging 61% in the second quarter, the stock is now a top 100 [Russell 2000](https://www.marketbeat.com/types-of-stock/russell-2000-stocks/) performer in 2023. The unlikely ascent comes after Overstock reported a seventh consecutive period of lower sales and a net loss in the first quarter. Tucked away in the Bed Bath & Beyond press release was a preview of the second quarter financials. Due to weak consumer sentiment and promotional activity, Q2 sales are estimated to have declined “in the low-20% range” compared to last year. Blaming the tough macro backdrop has some merit. [Consumers](https://www.marketbeat.com/originals/11-best-consumer-discretionary-stocks-of-2023/) are simply spending less on big-ticket items. But there are two reasons for concern: 1) June consumer sentiment came in higher than expected and is up 28% year-over-year and 2) some [home furnishing](https://www.marketbeat.com/originals/3-reasons-the-wayfair-rally-is-way-overdone/) peers are growing. In Q1, fellow small caps Aarons and Arhaus each grew their sales more than 20%. These suggest Overstock’s underperformance is about more than the economy. In the highly competitive [furniture market](https://www.marketbeat.com/originals/a-love-hate-relationship-with-the-lovesac-company/), Overstock.com just isn’t a strong name in consumers’ minds — hence the re-branding. But switching to a Bed Bath & Beyond brand that former shoppers may associate with bankruptcy (a.k.a. failure) could fall short, if not backfire. ****How Did Wall Street React to the Overstock News?**** [Wall Street](https://www.marketbeat.com/originals/wall-street-sees-500-in-netflixs-coming-attractions/) research groups have thus far had mixed reviews of the digital Bed Bath & Beyond shift. Barclays stuck with its Hold rating and gave Overstock a $19 [price target](http://www.nasdaq.com/symbol/ostkprice-target/). Considering this represents more than 40% downside from Friday’s close, a Sell may be more fitting. Jeffries also took a neutral stance but, in recognition of the new brand's value, raised its target to $32. This implies that the news is already fully baked into the share price. Wedbush struck a [bullish](https://www.marketbeat.com/originals/analysts-bullish-on-exact-sciences-advanced-cancer-screening/) tone in reiterating Buy, but its accompanying $34 target is far from bullish. At the extreme other end, D.A. Davidson gave Overstock an outlandish $92 target that suggests the stock will nearly triple from here. It’s unclear to what extent traders used this information during the high volume run up, but chances are this had a significant impact. The D.A. Davidson analyst has a strong track record in [e-commerce](https://www.marketbeat.com/compare-stocks/ecommerce-stocks/) following well-timed calls on [Shopify](https://www.marketbeat.com/originals/shopify-soars-6-on-logistics-sale-eps-forecast-to-grow-715/), Etsy and Fitbit. ****Is Overstock.com Technically Overbought?**** On the [daily chart](http://www.nasdaq.com/symbol/ostkchart/), Overstock’s relative strength indicator (RSI) reading of 79 is the highest it has been since November 2021. This marked the stock’s final days above $100 before dropping as low as $17. Not a great precedent. Nor is the fact that Overstock outstretched its upper Bollinger band by 10% on Friday. Similar breaches in the post-pandemic era have been followed by steady downturns. Friday’s trading volume being half what it was on Thursday also suggests the [rally](https://www.marketbeat.com/originals/3-restaurant-stocks-ready-to-rally/) may soon fizzle. With this said Overstock is now dangerously close to its 250-day [resistance level](https://www.marketbeat.com/originals/breaking-resistance-xli-signals-industrial-sector-shift/) of $33.90. If it can break through that line with conviction, a move to the $40’s and ‘beyond’ is plausible. Volume will need to be heavy, however, to believe that can happen. While the re-branding news sparked enthusiasm for Overstock shares, it will ultimately have to translate to stronger sales and profits. Until the [fundamentals](https://www.marketbeat.com/originals/nikola-stock-surge-changing-fundamentals-or-short-squeeze/) improve drastically, the news will amount to a PR gimmick. Get the loofah ready. Investors that chase the stock here could take a bath.
Stock Price 4 days before: 14.1943
Stock Price 2 days before: 14.1107
Stock Price 1 day before: 14.4729
Stock Price at release: 14.5846
Risk-Free Rate at release: 0.05275
| 13.9515 |
Symbol: PERI
Security: Perion Network Ltd.
Related Stocks/Topics: Technology
Title: Is It Worth Investing in Perion Network (PERI) Based on Wall Street's Bullish Views?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 10:45:00
Article: The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about **Perion Network** (PERI). Perion Network currently has an average brokerage recommendation (ABR) of 1.67, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by six brokerage firms. An ABR of 1.67 approximates between Strong Buy and Buy.Of the six recommendations that derive the current ABR, three are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 50% and 33.3% of all recommendations.[Check price target & stock forecast for Perion Network here>>>](https://www.zacks.com/stock/research/PERI/price-target-stock-forecast?adid=ZCOM_ZP_ARTCAT_FUNDAMENTALANALYSIS_573_070423) The ABR suggests buying Perion Network, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. **ABR Should Not Be Confused With Zacks Rank** Although both Zacks Rank and ABR are displayed in a range of 1-5, they are different measures altogether.The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. **Should You Invest in PERI?**Looking at the earnings estimate revisions for Perion Network, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $2.84.Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Perion Network. You can see [the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>](https://www.zacks.com/stocks/buy-list/?adid=ZCOM_ZP_ARTCAT_FUNDAMENTALANALYSIS_573_070423&icid=blog-fundamental_analysis|average_broker_rating-ARTCAT|070423-ZP-commentary_blog-text-eoac) It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Perion Network. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_FUNDAMENTALANALYSIS_573_07042023&cid=CS-NASDAQ-FT-fundamental_analysis|average_broker_rating-2116466)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_FUNDAMENTALANALYSIS_573&cid=CS-NASDAQ-FT-fundamental_analysis|average_broker_rating-2116466)[Perion Network Ltd (PERI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=PERI&ADID=SYND_NASDAQ_TCK_FUNDAMENTALANALYSIS_573&cid=CS-NASDAQ-FT-fundamental_analysis|average_broker_rating-2116466)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116466/is-it-worth-investing-in-perion-network-peri-based-on-wall-street-s-bullish-views?cid=CS-NASDAQ-FT-fundamental_analysis|average_broker_rating-2116466)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 31.2318
Stock Price 2 days before: 30.8037
Stock Price 1 day before: 31.0282
Stock Price at release: 31.1538
Risk-Free Rate at release: 0.05275
| 35.4598 |
Symbol: NTB
Security: The Bank of N.T. Butterfield & Son Limited
Related Stocks/Topics: Stocks
Title: Bank of NT Butterfield & Son (NTB) Crossed Above the 20-Day Moving Average: What That Means for Investors
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 10:45:00
Article: After reaching an important support level, Bank of NT Butterfield & Son (NTB) could be a good stock pick from a technical perspective. NTB surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages. Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.NTB could be on the verge of another rally after moving 7.2% higher over the last four weeks. Plus, the company is currently a Zacks Rank #2 (Buy) stock.Looking at NTB's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 1 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.Investors should think about putting NTB on their watchlist given the ultra-important technical indicator and positive move in earnings estimate revisions. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_TALEOFTAPE_539_07042023&cid=CS-NASDAQ-FT-tale_of_the_tape|20_day_moving_average_yseop-2116468)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_539&cid=CS-NASDAQ-FT-tale_of_the_tape|20_day_moving_average_(yseop)-2116468)[Bank of N.T. Butterfield & Son Limited (The) (NTB) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=NTB&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_539&cid=CS-NASDAQ-FT-tale_of_the_tape|20_day_moving_average_(yseop)-2116468) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116468/bank-of-nt-butterfield-son-ntb-crossed-above-the-20-day-moving-average-what-that-means-for-investors?cid=CS-NASDAQ-FT-tale_of_the_tape|20_day_moving_average_(yseop)-2116468)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 27.3778
Stock Price 2 days before: 27.4436
Stock Price 1 day before: 28.0776
Stock Price at release: 28.1937
Risk-Free Rate at release: 0.05275
| 30.5407 |
Symbol: ALGT
Security: Allegiant Travel Company
Related Stocks/Topics: Stocks|RYAAY|CPA
Title: 3 Airline Stocks That Appear to be Solid Bets for 2H23
Type: News
Publication: Zacks
Publication Author: Maharathi Basu
Date: 2023-07-04 10:45:00
Article: Airline stocks have been flying high, primarily owing to the uptick in passenger volumes. Air travel demand has bounced back very strongly from the pandemic lows and is particularly strong on the leisure front. What is more encouraging is that international demand is also bouncing back nicely.The decline in expenses on fuel represents another tailwind for the industry. Notably, oil price declined roughly 12% in the first six months of 2023. This bodes well for the bottom-line growth of industry participants. This is because fuel expenses are a significant input cost for the aviation space.Driven by these positives, the Zacks [Airline ](https://www.zacks.com/stocks/industry-rank/industry/transportation-airline-187) industry surged 36% in the first six months of 2023 despite economic uncertainties, way ahead of the S&P 500’s 16.9% rise in the same time period.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/9e/46214.jpg?v=626855743) Image Source: Zacks Investment Research We expect industry participants to continue their good performance in the second half of the year. Given the positivity surrounding the industry, we believe that betting on airline stocks like **Copa Holdings** [CPA](https://www.nasdaq.com/market-activity/stocks/cpa), **Allegiant Travel Company** [ALGT](https://www.nasdaq.com/market-activity/stocks/algt) and **Ryanair Holdings** [RYAAY](https://www.nasdaq.com/market-activity/stocks/ryaay) is a prudent move. **Airlines Likely to Continue Flying High in 2H: Here’s Why** Multiple flight cancellations and delays due to unfavorable weather conditions have not been able to dampen the demand for travel. Per data provided by the Transportation Security Administration (TSA), nearly [2.9 million](https://www.tsa.gov/travel/passenger-volumes) people moved through checkpoints across the United States on Jun 30, which is higher than the corresponding 2019 (pre-coronavirus) levels. TSA expects passenger volumes to hit a record in the Independence Day holiday period, with 17.7 million people likely to be screened in the Jun 29-Jul 5 time frame.With passenger volumes anticipated to remain high throughout the year, air travel is expected to soar over the Labor Day holiday period later this year as well. It is also anticipated to be high during winter, thereby keeping airlines in good shape.This optimism regarding air travel is not limited to the United States only. In June, the International Air Transport Association or IATA [doubled ](https://www.iata.org/en/pressroom/2023-releases/2023-06-05-01/) its current-year profitability (net) forecast for the industry to $9.8 billion from $4.7 billion. Passenger revenues are the biggest driver of this rosy projection. Per IATA, passenger revenues in 2023 are now anticipated to be $546 billion compared with the previous estimate of $522 billion. The revised revenue forecast indicates a 27% increase from the 2022 actuals.The anticipated decline in oil price is corroborated by the fact that average jet fuel cost is expected to be $98.5 per barrel in 2023 per IATA, much lower than the earlier forecast of $111.9 per barrel.Given the encouraging projections, we have picked three airline stocks, which investors can bet on. These stocks carry a Zacks Rank #1 (Strong Buy) or #2 (Buy) presently and have a [VGM Score](https://www.zacks.com/style-scores-education/) of A. Moreover, the companies have witnessed favorable earnings estimate revisions for the current year. Our research shows that stocks with a VGM Score of A, when combined with a Zacks Rank #1 or 2, offer the best investment opportunities for investors.You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link_invideas&ICID=zpi_1link_invideas). **Price Performance: 1H23** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/35/46215.jpg?v=354065849) Image Source: Zacks Investment Research** Our Choices****Copa Holdings**, currently sporting a Zacks Rank #1, is benefiting from an improvement in air travel demand. In first-quarter 2023, passenger revenues increased 28.5% from first-quarter 2019 levels due to higher yields.Copa Holdings' fleet modernization and cost-management efforts are commendable. The Zacks Consensus Estimate for current-year earnings has been revised 25.1% upward over the past 60 days. **Allegiant** is seeing a steady recovery in leisure air travel demand. In first-quarter 2023, this Las Vegas, NV-based company’s operating revenues grew 29.9% on a year-over-year basis. Passenger revenues, accounting for 93.7% of the top line, increased 31.3% on a year-over-year basis.Allegiant's fleet modernization efforts are encouraging. The Zacks Consensus Estimate for ALGT's current-year earnings has been revised 41% upward in the past 60 days. ALGT currently carries a Zacks Rank #2. **Ryanair Holdings** is based in Ireland. Passenger volume has been robust at Ryanair over the past few months owing to the rebound in air traffic from COVID-19 lows. The latest upbeat traffic result came in June when the low-cost carrier transported 17.4 million passengers, compared with 15.9 million in Jun 2022. Load factor (% of seats filled with passengers) was an impressive 95% for the month.Ryanair’s measures to expand its fleet to cater to the improvement in travel demand are also very encouraging. The Zacks Consensus Estimate for RYAAY's current-year earnings has been revised 7.4% upward in the past 60 days. RYAAY currently carries a Zacks Rank #2. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_215_IND_07042023&cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116455)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_215&cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116455)[Ryanair Holdings PLC (RYAAY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RYAAY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_215&cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116455)[Copa Holdings, S.A. (CPA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CPA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_215&cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116455)[Allegiant Travel Company (ALGT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALGT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_215&cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116455)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116455/3-airline-stocks-that-appear-to-be-solid-bets-for-2h23?cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116455)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 125.282
Stock Price 2 days before: 126.963
Stock Price 1 day before: 127.49
Stock Price at release: 128.026
Risk-Free Rate at release: 0.05275
| 114.332 |
Symbol: ECVT
Security: Ecovyst Inc.
Related Stocks/Topics: Stocks
Title: Wall Street Analysts Predict a 26.64% Upside in Ecovyst (ECVT): Here's What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 11:04:00
Article: Shares of **Ecovyst** (ECVT) have gained 8.4% over the past four weeks to close the last trading session at $11.56, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $14.64 indicates a potential upside of 26.6%.The average comprises seven short-term price targets ranging from a low of $11 to a high of $18, with a standard deviation of $2.17. While the lowest estimate indicates a decline of 4.8% from the current price level, the most optimistic estimate points to a 55.7% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.But, for ECVT, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside. **Here's What You Should Know About Analysts' Price Targets** According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts. However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism. **Here's Why There Could be Plenty of Upside Left in ECVT** Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 1%. Moreover, ECVT currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive [externally-audited track record](https://www.zacks.com/performance_disclosure/), this is a more conclusive indication of the stock's potential upside in the near term. You can see [the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>](https://www.zacks.com/registration/premium/login/?continue_to=/stocks/buy-list&adid=ZCOM_ZP_ARTCAT_TALEOFTAPE_551_070423&icid=blog-tale_of_the_tape|consensus_price_target-ARTCAT|070423-ZP-commentary_blog-text-eoac) Therefore, while the consensus price target may not be a reliable indicator of how much ECVT could gain, the direction of price movement it implies does appear to be a good guide. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_TALEOFTAPE_551_07042023&cid=CS-NASDAQ-FT-tale_of_the_tape|consensus_price_target-2116487)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_551&cid=CS-NASDAQ-FT-tale_of_the_tape|consensus_price_target-2116487) [Ecovyst Inc. (ECVT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ECVT&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_551&cid=CS-NASDAQ-FT-tale_of_the_tape|consensus_price_target-2116487)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116487/wall-street-analysts-predict-a-26-64-upside-in-ecovyst-ecvt-here-s-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|consensus_price_target-2116487)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 11.3969
Stock Price 2 days before: 11.4338
Stock Price 1 day before: 11.6044
Stock Price at release: 11.5554
Risk-Free Rate at release: 0.05275
| 10.7552 |
Symbol: KRUS
Security: Kura Sushi USA, Inc.
Related Stocks/Topics: Markets|CMG|IVW
Title: Looking for the Next Chipotle? This Fast-Growing Restaurant Stock Could Be It (Hint: It's not Cava.)
Type: News
Publication: The Motley Fool
Publication Author: Jeremy Bowman
Date: 2023-07-04 11:29:00
Article: **Chipotle Mexican Grill** [(NYSE: CMG)](https://www.nasdaq.com/market-activity/stocks/cmg) has arguably had a greater influence on the restaurant industry than any other business this century. The company essentially invented the fast-casual concept or the idea that food can be served quickly but still be high-quality and made using traditional cooking techniques.Chipotle's success has spawned a raft of imitators, but no one has managed to match the popularity of the burrito roller. Even Chipotle's multiple attempts to create a sister chain have failed, showing how much of a challenge starting a new restaurant concept can be. After the stock has jumped more than 4,000% since its 2006 initial public offering (IPO), it's no surprise that investors are still hoping to find the next Chipotle. With the recent IPO of **Cava** [(NYSE: CAVA)](https://www.nasdaq.com/market-activity/stocks/cava), some investors believe the Mediterranean fast-casual chain could follow in [Chipotle's footsteps](https://www.fool.com/investing/2023/06/29/is-cava-stock-the-next-chipotle/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be0f5369-a4e0-4da1-98e9-af13caf41e51), but there's another restaurant stock investors should take a look at. That's **Kura Sushi** [(NASDAQ: KRUS)](https://www.nasdaq.com/market-activity/stocks/krus). [Multiple sushi dishes.](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F738303%2Fsushi-restaurant.jpg&w=700) Image source: Getty Images. **What is Kura Sushi?**Kura Sushi, a subsidiary of Kura Japan, calls itself a revolving sushi bar. You order food on a tablet, and it comes down a conveyor belt in its own container. The mostly automated system even has a receptacle where you deposit your plate when you're finished.Kura opened its first U.S. restaurant in 2009 in Irvine, California, and has 45 locations across 14 states and Washington, D.C., as of the end of the second quarter. The company is growing quickly both on a unit basis and a comparable-sales one. In its most recent quarter, comparable sales jumped 17.4%, and total revenue rose 40.2% to $43.9 million.Like Chipotle, all of Kura Sushi's locations are company-owned, and its restaurants are generating solid profits. Its restaurant-level operating margin was 20.3% in the second quarter. That's comparable to Chipotle when it was smaller and is better than a number of other larger restaurant chains. Investors should expect that number to improve as the company grows and average unit volumes increase.In fiscal 2022, its average unit volume, or total sales from its average restaurant, was $3.8 million, which is actually better than Chipotle and nearly every other large fast-food chain. Though Kura is still small, that number offers a testament to its popularity. Its restaurants average 3,400 square feet with seating for about 120 people.On the bottom line, the company is still unprofitable as it's investing in growth. In the second quarter, it lost $1 million on a generally accepted accounting principles ([GAAP](https://www.fool.com/investing/what-is-gaap.aspx?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be0f5369-a4e0-4da1-98e9-af13caf41e51))) basis, but that was an improvement from a loss of $1.9 million in the quarter a year ago. **The growth plan** At the time of its IPO in 2019, the company said it saw room in the market for at least 290 restaurants, or nearly seven times more than it has today, but the company can easily upgrade that target based on market conditions. And with an average unit volume (AUV) near $4 million, it seems like customers like the concept. Kura plans to grow its unit count by about 20% each year. This year, it aims to add nine to 11 new restaurants.A fast-casual sushi concept in the U.S. seems promising for a number of reasons. First, there are no sushi chains of significant size in the country -- even though, by now, sushi is a familiar, well-liked food. It also doesn't need to be cooked, making it an ideal food to be served quickly. Chains like Chipotle have gotten around this problem by using steam tables that keep prepped food hot. However, serving cold food eliminates that problem entirely.With restaurant margins already above 20% and average unit volumes approaching $4 million, Kura Sushi has a lot of profit potential. The stock is already up nearly 400% since its IPO, and it now trades at a price-to-sales (P/S) ratio of 5.5 based on this year's expected revenue, making it slightly cheaper than Chipotle on a P/S basis. If Kura can keep up its recent momentum and execute on its plan to reach 300 restaurants, the stock should continue to be a winner for investors. **10 stocks we like better than Kura Sushi Usa** When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*They just revealed what they believe are the [ten best stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=eddaf82f-ede5-427f-8174-a7ab810ac13f&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DKura%2520Sushi%2520Usa&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be0f5369-a4e0-4da1-98e9-af13caf41e51) for investors to buy right now... and Kura Sushi Usa wasn't one of them! That's right -- they think these 10 stocks are even better buys.[See the 10 stocks](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=eddaf82f-ede5-427f-8174-a7ab810ac13f&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010449%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6312%26ftm_veh%3Dbbn_article_pitch%26company%3DKura%2520Sushi%2520Usa&utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=be0f5369-a4e0-4da1-98e9-af13caf41e51)*Stock Advisor returns as of June 30, 2023 [Jeremy Bowman](https://www.fool.com/author/1957/) has positions in Chipotle Mexican Grill. The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/).
Stock Price 4 days before: 92.6347
Stock Price 2 days before: 93.546
Stock Price 1 day before: 90.156
Stock Price at release: 90.3938
Risk-Free Rate at release: 0.05275
| 95.0859 |
Symbol: ALGT
Security: Allegiant Travel Company
Related Stocks/Topics: Stocks|DAL|CPA
Title: Delta Air Lines (DAL) Hits 52-Week High: What's Driving It?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 11:42:00
Article: Shares of **Delta Air Lines, Inc.** [DAL](https://www.nasdaq.com/market-activity/stocks/dal) scaled a 52-week high of $48.17 in the trading session on Jul 03, 2023, before closing a tad lower at $47.96.The company’s shares have gained 46.1% year to date, significantly higher than 35.9% growth of the [industry](https://www.zacks.com/stocks/industry-rank/industry/transportation-airline-187) it belongs to. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/28/46198.jpg?v=1280995333) Image Source: Zacks Investment ResearchLet’s find out the factors supporting the uptick. **Bullish Q2 Outlook** Delta Air Lines’ management has issued a favorable outlook for the second quarter and full-year 2023 at the company’s Investor Day presentation. The company attributes this positive outlook to upbeat air-travel demand.For second-quarter 2023, Delta now expects adjusted earnings per share (EPS) to be in the range of $2.25-$2.50 (prior view: $2-$2.25). Further, DAL now anticipates registering revenue growth between 17% and 18%, higher than the previous range of 15% to 17%. Operating margin for the second quarter is expected to be 16%.For 2023, Delta also raised its outlook. DAL now anticipates full-year adjusted EPS to be $6, which aligns with the top end of its previous expectation in the $5-$6 range.DAL has also raised its revenue growth outlook to 17%-20% compared with the previously forecasted 15%-20%. In 2023, Delta now expects to generate free cash of $3 billion (prior view: $2 billion). The company now anticipates current-year operating margin at the top end of the 10-12% range expected previously. For fiscal 2024, the airline still expects EPS to exceed $7 and a free cash flow of more than $4 billion. It also foresees an operating margin of 13% to 15%. **Dividend Resumption** Highlighting DAL’s financial strength**,**its management recently announced the resumption of its [dividend](https://www.zacks.com/stock/research/DAL/dividend-history) payout. DAL’s board of directors has approved a dividend payment of 10 cents per share. The renewed dividend will be paid on Aug 7, 2023, to all its shareholders of record as of Jul 17, 2023. The move reflects DAL’s intention to utilize free cash to enhance its shareholders’ returns.This resumption reflects Delta's progress on its three-year financial plan (which includes debt repayment of more than $10 billion in the last two years).Moreover, the lifting of restrictions under the CARES Act (which prohibited airline companies from paying dividends or buying back shares till Sep 30, 2022) enabled DAL to initiate its shareholder-friendly move. **Zacks Rank & Stocks to Consider** Delta currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks for investors interested in the Zacks [Transportation](https://www.zacks.com/stocks/industry-rank/sector/transportation-15) sector are **Copa Holdings** [CPA](https://www.nasdaq.com/market-activity/stocks/cpa) and **Allegiant Travel Company** [ALGT](https://www.nasdaq.com/market-activity/stocks/algt). Each of these companies presently sports a Zacks Rank #1 (Strong Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)****. **Copa Holdings has an expected earnings growth rate of 75.42% for the current year. CPA delivered a trailing four-quarter earnings surprise of 14.60%, on average.The Zacks Consensus Estimate for CPA’s current-year earnings has improved 25.5% over the past 90 days. Shares of CPA have soared 32.5% over the past six months.Allegiant has an expected earnings growth rate of more than 100% for the current year. ALGT delivered a trailing four-quarter earnings surprise of 79.78%, on average.The Zacks Consensus Estimate for ALGT’s current-year earnings has improved 46.5% over the past 90 days. Shares of ALGT have surged 74% over the past six months. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_212_07042023&cid=CS-NASDAQ-FT-analyst_blog|52-week_high_low-2116515)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116515)[Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=DAL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116515)[Copa Holdings, S.A. (CPA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CPA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116515)[Allegiant Travel Company (ALGT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALGT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116515)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116515/delta-air-lines-dal-hits-52-week-high-what-s-driving-it?cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116515)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 125.284
Stock Price 2 days before: 126.963
Stock Price 1 day before: 127.946
Stock Price at release: 127.815
Risk-Free Rate at release: 0.05275
| 114.935 |
Symbol: ORLA
Security: Orla Mining Ltd.
Related Stocks/Topics: Stocks|CRS|FSTR|OR
Title: Carpenter Technology (CRS) Benefits From Improved Demand
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 11:48:00
Article: **Carpenter Technology Corporation** [CRS](https://www.nasdaq.com/market-activity/stocks/crs) has been benefiting from strong demand across its end markets.The company’s cost-cutting initiatives and efforts to preserve liquidity will drive growth. Recent acquisitions and investments in additive manufacturing will also boost the results.Shares of this Zacks Rank #1 (Strong Buy) company have gained 105.4% in the past year compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/steel-speciality-177)’s growth of 86%.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/e0/46234.jpg?v=534616443) Image Source: Zacks Investment Research ******Strong Demand to Aid Growth** Carpenter Technology has been witnessing broad-based demand recovery in the aerospace and defense, and medical end-use market, which will likely continue in the remaining part of fiscal 2023.Aerospace is gaining from the pickup in global travel. Demand continues to accelerate across all the aerospace submarkets as the supply chain ramps up to meet steadily increasing travel demand.In defense, the company is gaining from increased investments with customers in the development of next-gen programs and platforms. **Solid Recovery Growth to Enhance Performance** In the third quarter of fiscal 2023, Carpenter Technology’s backlog grew 10% on a sequential basis and 70% year over year, backed by strong booking growth. This is the ninth quarter in a row that the backlog has increased.Carpenter Technology has been demonstrating its recovery growth trajectory through fiscal 2023, with increased productivity across the company’s facilities. It expects to make substantial progress in fiscal 2024.The company expects continued growth across its end-use markets, especially in Aerospace, Defense and Medical applications, which is expected to boost fiscal 2023 results. **Strategic Actions Bode Well** To further drive shareholder returns, the company seeks to incorporate strategic initiatives to maximize market demand, accelerate growth, optimize operations and generate cash.CRS is focused on investing in emerging technologies like additive manufacturing and soft magnetics, while providing direct returns to shareholders through quarterly dividends. **Solid Balance Sheet to Support Investments** Carpenter Technology’s total liquidity (including cash and available credit facility borrowings) was $212 million at the end of the second quarter of fiscal 2023.This consisted of $22 million of cash in hand and $190 million of available borrowings under the credit facility. Its long-term debt was at around $693 million at the end of the third quarter of fiscal 2023.The company has identified additional actions to preserve and manage cash, and plans to deploy those actions as and when necessary. It continues to realize price and share gains through contract renewals and price increases in its transactional business.Carpenter Technology has been implementing the Carpenter operating model to address any short-term challenges and increase productivity across facilities. **Other Key Picks** Some other top-ranked stocks from the basic materials space are** L.B. Foster Company** [FSTR](https://www.nasdaq.com/market-activity/stocks/fstr), **Orla Mining Ltd.** [ORLA](https://www.nasdaq.com/market-activity/stocks/orla) and **Osisko Gold Royalties Ltd** [OR](https://www.nasdaq.com/market-activity/stocks/or). FSTR and ORLA flaunt a Zacks Rank #1 at present, and OR has a Zacks Rank #2 (Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**L.B. Foster has an average trailing four-quarter earnings surprise of 140.5%. The Zacks Consensus Estimate for FSTR’s fiscal 2023 earnings is pegged at 53 cents per share. The consensus estimate for 2023 earnings has been unchanged in the past 60 days. Its shares gained 11% in the last year.Orla Mining has an average trailing four-quarter earnings surprise of 85.4%. The Zacks Consensus Estimate for ORLA’s 2023 earnings is pegged at 15 cents per share. The consensus estimate for 2023 earnings has moved 87.5% north over the past 60 days. ORLA’s shares gained 48% in the last year.The Zacks Consensus Estimate for Osisko Gold Royalties’ fiscal 2023 earnings per share is pegged at 47 cents. Earnings estimates for fiscal 2023 have moved 6.8% north in the past 60 days. OR’s shares have gained 50.9% in the past year. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_217_07042023&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116567)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116567)[Carpenter Technology Corporation (CRS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CRS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116567)[L.B. Foster Company (FSTR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FSTR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116567)[Osisko Gold Royalties Ltd (OR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=OR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116567) [Orla Mining Ltd. (ORLA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ORLA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116567)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116567/carpenter-technology-crs-benefits-from-improved-demand?cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116567)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 4.15799
Stock Price 2 days before: 4.13246
Stock Price 1 day before: 4.22393
Stock Price at release: 4.18417
Risk-Free Rate at release: 0.05275
| 4.41699 |
Symbol: ALGT
Security: Allegiant Travel Company
Related Stocks/Topics: Stocks|CPA|AAL
Title: American Airlines (AAL) Hits 52-Week High: What's Driving It?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 11:48:00
Article: Shares of **American Airlines Group Inc.** [AAL](https://www.nasdaq.com/market-activity/stocks/aal) scaled a 52-week high of $18.18 in the trading session on Jul 03, 2023, before closing a tad lower at $18.10.The company’s shares have gained 42.3% year to date, significantly higher than 36% growth of the [industry](https://www.zacks.com/stocks/industry-rank/industry/transportation-airline-187) it belongs to. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/c4/46199.jpg?v=491615422) Image Source: Zacks Investment ResearchLet’s find out the factors supporting the uptick.Continued recovery in air-travel demand, particularly on the domestic front, bodes well for American Airlines. Owing to upbeat air-travel demand, management recently issued a bullish forecast for second-quarter 2023. ****AAL raised its second-quarter earnings per share (EPS) (excluding net special items) view in the range of $1.45-$1.65 (earlier guidance: $1.20-$1.40). The adjusted operating margin is now anticipated in the 12.5-14.5% band (earlier guidance:11-13%). Average fuel cost per gallon is now expected in the range of $2.55-$2.65 (earlier guidance: $2.65-$2.75).AAL now expects total revenue per available seat miles (a measure of unit revenue) to decline 1%-3% from second-quarter 2022 actuals (the earlier estimate was for a 2-4% decline).Non-fuel unit costs are still expected to increase 3.5-5.5% year over year. Available seat miles (a measure of capacity) are still estimated to increase 3.5-5.5% year over year.For 2023, AAL has reinstated its outlook. Management still expects available seat miles to increase 5-8% year over year. Our model estimates an increase of 6.1% year over year. Non-fuel unit costs are still expected to increase 2-5% year over year. Our estimate hints at a 3.4% year-over-year increase. AAL still expects EPS (excluding net special items) in the $2.50-$3.50 range. The carrier's debt-reduction efforts are impressive as well. Management aims to reduce its debt by $15 billion by 2025-end. The company aims to attain this objective through naturally occurring amortization. Also, it intends to utilize surplus cash and free cash flow to pay down prepayable debt. As of Mar 31, 2023, the carrier reduced its debt levels by more than $9 billion from peak levels in the second quarter of 2021. **Zacks Rank & Stocks to Consider** American Airlines currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks for investors interested in the Zacks [Transportation](https://www.zacks.com/stocks/industry-rank/sector/transportation-15) sector are **Copa Holdings** [CPA](https://www.nasdaq.com/market-activity/stocks/cpa) and **Allegiant Travel Company** [ALGT](https://www.nasdaq.com/market-activity/stocks/algt). Each of these companies presently sports a Zacks Rank #1 (Strong Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)****. **Copa Holdings has an expected earnings growth rate of 75.42% for the current year. CPA delivered a trailing four-quarter earnings surprise of 14.60%, on average.The Zacks Consensus Estimate for CPA’s current-year earnings has improved 25.5% over the past 90 days. Shares of CPA have soared 32.5% over the past six months. Allegiant has an expected earnings growth rate of more than 100% for the current year. ALGT delivered a trailing four-quarter earnings surprise of 79.78%, on average.The Zacks Consensus Estimate for ALGT’s current-year earnings has improved 46.5% over the past 90 days. Shares of ALGT have surged 74% over the past six months. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_212_07042023&cid=CS-NASDAQ-FT-analyst_blog|52-week_high_low-2116516)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116516) [Copa Holdings, S.A. (CPA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CPA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116516)[American Airlines Group Inc. (AAL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=AAL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116516)[Allegiant Travel Company (ALGT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALGT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116516)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116516/american-airlines-aal-hits-52-week-high-what-s-driving-it?cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116516)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 125.236
Stock Price 2 days before: 126.963
Stock Price 1 day before: 127.854
Stock Price at release: 127.815
Risk-Free Rate at release: 0.05275
| 114.702 |
Symbol: HELE
Security: Helen of Troy Limited
Related Stocks/Topics: Stocks|EL|INGR|COTY
Title: Estee Lauder (EL) Gains From Emerging Market Presence Amid Risks
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 11:57:00
Article: **The Estee Lauder Companies Inc.** [EL](https://www.nasdaq.com/market-activity/stocks/el) has been benefiting from its strong online business, which has enabled it to expand its presence across several markets. The company has been implementing new technology and digital experiences, including online booking for each store appointment, omnichannel loyalty programs and high-touch mobile services. It remains focused on improving its omnichannel capabilities to support flexible and convenient shopping options for consumers. These initiatives have been boosting the company’s online sales.The company’s presence across multiple end markets helps it mitigate the adverse impact of weakness in one end market with strength across others. EL has been investing to strengthen its manufacturing, innovation, distributional and marketing capabilities in several emerging markets like Thailand, India, Russia and Brazil.In third-quarter fiscal 2023, several developed markets performed impressively, with the Americas and Asia/Pacific returning to organic sales growth and emerging markets continuing to prosper.The Estee Lauder Companies remains on track to expand its consumer reach and expand its brands into new markets. In the fiscal third quarter, the company continued to grow its prestige beauty brand share across several markets, including China and Western Europe. In December 2022, it opened the China Innovation Labs to fuel its expanding business in China. Going forward, the company’s partnership with brands like Tom Ford and Balmain Beauty is also likely to be beneficial.EL is also committed to rewarding shareholders through share repurchase programs and dividend payouts. For the first nine months of fiscal 2023, the company returned $945 million to shareholders through dividends and share repurchases.The Zacks Rank #3 (Hold) company’s shares have gained 9.3% in the past month compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/cosmetics-47)’s 8.3% growth.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/dd/46238.jpg?v=710817558) Image Source: Zacks Investment Research However, the company has been witnessing greater volatility in the recovery from the pandemic across Asia in travel retail. In the fiscal third quarter, its organic net sales declined by 8% due to weakness in Asia’s travel retail business in Hainan and Korea.While it experienced recovery in many markets worldwide, its Asia travel retail business remained under pressure due to a slower-than-expected recovery from the COVID pandemic. For fiscal 2023, EL projects net sales to decline in the band of 10-12% year over year, including an unfavorable currency impact.The Estee Lauder Companies has also been grappling with higher operating costs and expenses. In the fiscal third quarter, its cost of goods sold increased by 17% from the year-ago quarter to $1,159 million. In the fiscal third quarter, its gross profit margin contracted to 69.1% from 76.6% reported in the year-ago quarter. **Key Picks** Some better-ranked stocks are **Coty Inc.** [COTY](https://www.nasdaq.com/market-activity/stocks/coty), **Ingredion Incorporated** [INGR](https://www.nasdaq.com/market-activity/stocks/ingr) and **Helen of Troy Limited** [HELE](https://www.nasdaq.com/market-activity/stocks/hele). While COTY and INGR sport a Zacks Rank #1 (Strong Buy), HELE carries a Zacks Rank #2 (Buy). You can see** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**.Coty specializes in the retail and wholesale of beauty products worldwide. The Zacks Consensus Estimate for COTY’s current financial-year sales suggests 3.1% growth from the year-ago reported figure. The company has a trailing four-quarter earnings surprise of 145%.Ingredion is a producer and distributor of sweeteners, nutrition ingredients and biomaterial solutions. The Zacks Consensus Estimate for INGR’s current financial-year earnings per share is expected to rise by 22.1% from the corresponding year-ago reported figure.Helen of Troy is a provider of consumer products in the United States, Europe, Canada, the Middle East, Africa and the Asia Pacific. The Zacks Consensus Estimate for HELE’s current financial-year sales and earnings per share suggests a decline of 3.2% and 6.9%, respectively, from the corresponding year-ago reported figures. The company has a trailing four-quarter earnings surprise of 9.3%. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_217_07042023&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116528)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116528) [The Estee Lauder Companies Inc. (EL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=EL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116528)[Helen of Troy Limited (HELE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=HELE&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116528)[Ingredion Incorporated (INGR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=INGR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116528)[Coty (COTY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=COTY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_217&cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116528)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116528/estee-lauder-el-gains-from-emerging-market-presence-amid-risks?cid=CS-NASDAQ-FT-analyst_blog|zer_report_update-2116528)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 107.725
Stock Price 2 days before: 108.174
Stock Price 1 day before: 109.751
Stock Price at release: 108.727
Risk-Free Rate at release: 0.05275
| 138.658 |
Symbol: CAKE
Security: The Cheesecake Factory Incorporated
Related Stocks/Topics: Stocks|BJRI|CHUY|ARCO
Title: Cheesecake Factory (CAKE) Jumps 24% in a Year: Can It Continue?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:03:00
Article: Shares of **The Cheesecake Factory Incorporated** [CAKE](https://www.nasdaq.com/market-activity/stocks/cake) have gained 23.7% in the past year compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/retail-restaurants-160)’s growth of 21.5%. Robust comps growth, off-premise sales and emphasis on FRC-related differentiated concepts are aiding CAKE’s performance. However, high costs are concerning.Our model predicts the company’s sales and earnings in 2023 to witness growth of 6.8% and 77.8% year over year, respectively.Let’s delve deeper to find out why investors should retain the stock. **Growth Drivers** Cheesecake Factory continues to benefit from robust comps growth. During first-quarter fiscal 2023, comps at CAKE restaurants increased 5.7% year over year compared with 20.7% reported in the prior-year quarter. Also, comps rose 14.9% from 2019 levels driven by a rise in average check of 4.7% (based on an increase of 10.4% in menu pricing partially offset by a 5.7% negative impact from mix) and 1.0% improved customer traffic.North Italia comparable sales rose 9% year over year compared with 32% reported in the year-ago quarter. Also, comps increased 30% from 2019 levels driven by customer traffic and average check growth of 3.5% and 5.5%, respectively.The Zacks Rank #3 (Hold) company is benefiting from robust off-premise sales, which contributed delivery channel. In order to boost consumer convenience, Cheesecake Factory has implemented operational changes and technology upgrades which include a contactless menu and payment technology, and text paging. We believe that an uplift in customer count coupled with targeted off-premise marketing will drive the channel’s performance further in the upcoming periods.Fox Restaurants Concepts sales have continued to build and off-premise volumes were solid. During first-quarter 2023, FRC (excluding Flower Child) recorded sales of $68.6 million, marking a 17% increase compared with the prior-year quarter’s levels. Sales per operating week reached $152,200.FRC’s (including Flower Child) average weekly sales were $118,800 and external bakery sales amounted to $14.9 million. The company intends to focus on rewards program and leverage data analytics to enhance guest engagement and drive incremental sales. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/46/46217.jpg?v=355777594) Image Source: Zacks Investment Research******Concerns** High costs remain headwinds for CAKE. Pre-opening costs of outlets, given its unit expansion plans, expenses related to sales initiatives, higher labor expenditures and additional cleaning costs, are likely to affect profits.During the fiscal first quarter, cost of food and beverage, as a percentage of revenues, increased 10 basis points year over year to 23.8%. This was primarily driven by commodity inflation and higher menu pricing. General and administrative expenses accounted for 6.2% of revenues. In the fiscal first quarter, pre-opening costs accounted for $3.1 million compared with the prior-year quarter’s $1.8 million.For second-quarter fiscal 2023, Cheesecake Factory anticipates commodity inflation in high single digits. Labor inflation is anticipated int the mid-single digits range. For fiscal 2023, our model estimates total cost of sales to rise 3.7% year over year. **Key Picks** Here we present some better-ranked stocks in the [Retail-Wholesale](https://www.zacks.com/stocks/industry-rank/sector/retail-wholesale-3) sector. **Chuy's Holdings, Inc.** [CHUY](https://www.nasdaq.com/market-activity/stocks/chuy) currently sports a Zacks Rank #1 (Strong Buy). It has a trailing four-quarter earnings surprise of 23.4%, on average. Shares of CHUY have skyrocketed 97.1% in the past year. You can see ** [the complete list of today's Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list)**.The Zacks Consensus Estimate for Chuy’s Holdings’ 2023 sales and EPS suggests growth of 9.9% and 27%, respectively, from the year-ago period’s levels. **BJ's Restaurants, Inc.** [BJRI](https://www.nasdaq.com/market-activity/stocks/bjri) flaunts a Zacks Rank #1 at present. BJRI has a long-term earnings growth rate of 15%. The stock has improved 44% in the past year.The Zacks Consensus Estimate for BJ's Restaurants’ 2023 sales and EPS suggests improvements of 5.5% and 311.8%, respectively, from the year-ago period’s levels. **Arcos Dorados Holdings Inc.** [ARCO](https://www.nasdaq.com/market-activity/stocks/arco) currently carries a Zacks Rank #2 (Buy). ARCO has a long-term earnings growth rate of 9.5%. The stock has gained 48.3% in the past year.The Zacks Consensus Estimate for Arcos Dorados’ 2023 sales and EPS suggests rises of 13.4% and 4.4%, respectively, from the year-ago period’s levels. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BJRI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[The Cheesecake Factory Incorporated (CAKE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CAKE&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Chuy's Holdings, Inc. (CHUY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CHUY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Arcos Dorados Holdings Inc. (ARCO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ARCO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116577/cheesecake-factory-cake-jumps-24-in-a-year-can-it-continue?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 34.73
Stock Price 2 days before: 34.7447
Stock Price 1 day before: 35.26
Stock Price at release: 35.5544
Risk-Free Rate at release: 0.05275
| 37.2395 |
Symbol: CHUY
Security: Chuy's Holdings, Inc.
Related Stocks/Topics: Stocks|BJRI|CAKE|ARCO
Title: Cheesecake Factory (CAKE) Jumps 24% in a Year: Can It Continue?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:03:00
Article: Shares of **The Cheesecake Factory Incorporated** [CAKE](https://www.nasdaq.com/market-activity/stocks/cake) have gained 23.7% in the past year compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/retail-restaurants-160)’s growth of 21.5%. Robust comps growth, off-premise sales and emphasis on FRC-related differentiated concepts are aiding CAKE’s performance. However, high costs are concerning.Our model predicts the company’s sales and earnings in 2023 to witness growth of 6.8% and 77.8% year over year, respectively.Let’s delve deeper to find out why investors should retain the stock. **Growth Drivers** Cheesecake Factory continues to benefit from robust comps growth. During first-quarter fiscal 2023, comps at CAKE restaurants increased 5.7% year over year compared with 20.7% reported in the prior-year quarter. Also, comps rose 14.9% from 2019 levels driven by a rise in average check of 4.7% (based on an increase of 10.4% in menu pricing partially offset by a 5.7% negative impact from mix) and 1.0% improved customer traffic.North Italia comparable sales rose 9% year over year compared with 32% reported in the year-ago quarter. Also, comps increased 30% from 2019 levels driven by customer traffic and average check growth of 3.5% and 5.5%, respectively.The Zacks Rank #3 (Hold) company is benefiting from robust off-premise sales, which contributed delivery channel. In order to boost consumer convenience, Cheesecake Factory has implemented operational changes and technology upgrades which include a contactless menu and payment technology, and text paging. We believe that an uplift in customer count coupled with targeted off-premise marketing will drive the channel’s performance further in the upcoming periods.Fox Restaurants Concepts sales have continued to build and off-premise volumes were solid. During first-quarter 2023, FRC (excluding Flower Child) recorded sales of $68.6 million, marking a 17% increase compared with the prior-year quarter’s levels. Sales per operating week reached $152,200.FRC’s (including Flower Child) average weekly sales were $118,800 and external bakery sales amounted to $14.9 million. The company intends to focus on rewards program and leverage data analytics to enhance guest engagement and drive incremental sales. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/46/46217.jpg?v=355777594) Image Source: Zacks Investment Research******Concerns** High costs remain headwinds for CAKE. Pre-opening costs of outlets, given its unit expansion plans, expenses related to sales initiatives, higher labor expenditures and additional cleaning costs, are likely to affect profits.During the fiscal first quarter, cost of food and beverage, as a percentage of revenues, increased 10 basis points year over year to 23.8%. This was primarily driven by commodity inflation and higher menu pricing. General and administrative expenses accounted for 6.2% of revenues. In the fiscal first quarter, pre-opening costs accounted for $3.1 million compared with the prior-year quarter’s $1.8 million.For second-quarter fiscal 2023, Cheesecake Factory anticipates commodity inflation in high single digits. Labor inflation is anticipated int the mid-single digits range. For fiscal 2023, our model estimates total cost of sales to rise 3.7% year over year. **Key Picks** Here we present some better-ranked stocks in the [Retail-Wholesale](https://www.zacks.com/stocks/industry-rank/sector/retail-wholesale-3) sector. **Chuy's Holdings, Inc.** [CHUY](https://www.nasdaq.com/market-activity/stocks/chuy) currently sports a Zacks Rank #1 (Strong Buy). It has a trailing four-quarter earnings surprise of 23.4%, on average. Shares of CHUY have skyrocketed 97.1% in the past year. You can see ** [the complete list of today's Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list)**.The Zacks Consensus Estimate for Chuy’s Holdings’ 2023 sales and EPS suggests growth of 9.9% and 27%, respectively, from the year-ago period’s levels. **BJ's Restaurants, Inc.** [BJRI](https://www.nasdaq.com/market-activity/stocks/bjri) flaunts a Zacks Rank #1 at present. BJRI has a long-term earnings growth rate of 15%. The stock has improved 44% in the past year.The Zacks Consensus Estimate for BJ's Restaurants’ 2023 sales and EPS suggests improvements of 5.5% and 311.8%, respectively, from the year-ago period’s levels. **Arcos Dorados Holdings Inc.** [ARCO](https://www.nasdaq.com/market-activity/stocks/arco) currently carries a Zacks Rank #2 (Buy). ARCO has a long-term earnings growth rate of 9.5%. The stock has gained 48.3% in the past year.The Zacks Consensus Estimate for Arcos Dorados’ 2023 sales and EPS suggests rises of 13.4% and 4.4%, respectively, from the year-ago period’s levels. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BJRI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[The Cheesecake Factory Incorporated (CAKE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CAKE&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Chuy's Holdings, Inc. (CHUY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CHUY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Arcos Dorados Holdings Inc. (ARCO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ARCO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116577/cheesecake-factory-cake-jumps-24-in-a-year-can-it-continue?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 40.998
Stock Price 2 days before: 40.8177
Stock Price 1 day before: 41.3566
Stock Price at release: 41.3146
Risk-Free Rate at release: 0.05275
| 40.6146 |
Symbol: WRLD
Security: World Acceptance Corporation
Related Stocks/Topics: Stocks|AEG|UNM|ORI
Title: Aegon (AEG) Closes Combination of Dutch Operations With a.s.r
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:03:00
Article: **Aegon N.V.** [AEG](https://www.nasdaq.com/market-activity/stocks/aeg) recently announced that it has closed the combination deal for its Dutch pension, life and non-life insurance, banking, as well as mortgage origination operations with its peer a.s.r., a Dutch insurance group. Last October, the companies reached an agreement for the transaction.AEG also started an asset management partnership with a.s.r. The transaction provided Aegon with a 29.99% strategic stake in a.s.r. along with EUR 2.2 billion cash proceeds. The combination is expected to have created the number two insurance company in the country. The move is likely to enable the combined entity to scale its businesses across segments. Two points were slightly amended from the original relationship agreement addressing the CEO succession event and capital management that can change the risk profile. The merger move is likely to generate significant synergies and benefits for business partners, customers and shareholders. The synergies are expected to support dividend growth from a.s.r.The combination has created a diversified business portfolio, including strong positions in the Dutch pension market, disability and P&C insurance. The move was in line with Aegon’s strategy to release capital from mature businesses and focus more on growth areas.The transaction is likely to have boosted AEG’s Cash Capital at Holding. The company is expected to commence a share repurchase program of EUR 1.5 billion over a year. Last month, it finished a EUR 200 million stock repurchase program, which started on Feb 10 and ended on Jun 2. Earlier, linked to the a.s.r. combination, Aegon stated that up to EUR 700 million would be used to decrease its gross financial leverage. **Price Performance** Aegon shares have increased 13.8% in the past year against the 2.9% fall of the [industry](https://www.zacks.com/stocks/industry-rank/industry/insurance-multi-line-88) it belongs to.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/2b/46239.jpg?v=1214137506) Image Source: Zacks Investment Research **Zacks Rank & Key Picks** Aegon currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader [finance](https://www.zacks.com/stocks/industry-rank/sector/finance-13) space are **Unum Group** [UNM](https://www.nasdaq.com/market-activity/stocks/unm), **World Acceptance Corporation** [WRLD](https://www.nasdaq.com/market-activity/stocks/wrld) and **Old Republic International Corporation** [ORI](https://www.nasdaq.com/market-activity/stocks/ori), each sporting a Zacks Rank #1 (Strong Buy) at present. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) [.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) Chattanooga, TN-based Unum is a global financial protection benefit solutions provider. The Zacks Consensus Estimate for UNM’s current-year earnings implies 20.6% year-over-year growth.Based in Greenville, SC, World Acceptance is a finance company providing personal loan solutions and tax preparation, as well as filing services. The Zacks Consensus Estimate for WRLD’s current-year earnings indicates a more than 200% year-over-year increase.Headquartered in Chicago, Old Republic International has an insurance underwriting business and related services. The Zacks Consensus Estimate for ORI’s 2023 earnings is pegged at $2.40 per share. It beat earnings estimates in each of the past four quarters, with an average surprise of 29.9%. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_255_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116531)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116531)[Aegon NV (AEG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AEG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116531)[World Acceptance Corporation (WRLD) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=WRLD&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116531)[Unum Group (UNM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=UNM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116531)[Old Republic International Corporation (ORI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ORI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116531) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116531/aegon-aeg-closes-combination-of-dutch-operations-with-a-s-r?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116531)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 135.258
Stock Price 2 days before: 135.821
Stock Price 1 day before: 134.18
Stock Price at release: 134.978
Risk-Free Rate at release: 0.05275
| 154.443 |
Symbol: BJRI
Security: BJ's Restaurants, Inc.
Related Stocks/Topics: Stocks|CAKE|CHUY|ARCO
Title: Cheesecake Factory (CAKE) Jumps 24% in a Year: Can It Continue?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:03:00
Article: Shares of **The Cheesecake Factory Incorporated** [CAKE](https://www.nasdaq.com/market-activity/stocks/cake) have gained 23.7% in the past year compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/retail-restaurants-160)’s growth of 21.5%. Robust comps growth, off-premise sales and emphasis on FRC-related differentiated concepts are aiding CAKE’s performance. However, high costs are concerning.Our model predicts the company’s sales and earnings in 2023 to witness growth of 6.8% and 77.8% year over year, respectively.Let’s delve deeper to find out why investors should retain the stock. **Growth Drivers** Cheesecake Factory continues to benefit from robust comps growth. During first-quarter fiscal 2023, comps at CAKE restaurants increased 5.7% year over year compared with 20.7% reported in the prior-year quarter. Also, comps rose 14.9% from 2019 levels driven by a rise in average check of 4.7% (based on an increase of 10.4% in menu pricing partially offset by a 5.7% negative impact from mix) and 1.0% improved customer traffic.North Italia comparable sales rose 9% year over year compared with 32% reported in the year-ago quarter. Also, comps increased 30% from 2019 levels driven by customer traffic and average check growth of 3.5% and 5.5%, respectively.The Zacks Rank #3 (Hold) company is benefiting from robust off-premise sales, which contributed delivery channel. In order to boost consumer convenience, Cheesecake Factory has implemented operational changes and technology upgrades which include a contactless menu and payment technology, and text paging. We believe that an uplift in customer count coupled with targeted off-premise marketing will drive the channel’s performance further in the upcoming periods.Fox Restaurants Concepts sales have continued to build and off-premise volumes were solid. During first-quarter 2023, FRC (excluding Flower Child) recorded sales of $68.6 million, marking a 17% increase compared with the prior-year quarter’s levels. Sales per operating week reached $152,200.FRC’s (including Flower Child) average weekly sales were $118,800 and external bakery sales amounted to $14.9 million. The company intends to focus on rewards program and leverage data analytics to enhance guest engagement and drive incremental sales. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/46/46217.jpg?v=355777594) Image Source: Zacks Investment Research******Concerns** High costs remain headwinds for CAKE. Pre-opening costs of outlets, given its unit expansion plans, expenses related to sales initiatives, higher labor expenditures and additional cleaning costs, are likely to affect profits.During the fiscal first quarter, cost of food and beverage, as a percentage of revenues, increased 10 basis points year over year to 23.8%. This was primarily driven by commodity inflation and higher menu pricing. General and administrative expenses accounted for 6.2% of revenues. In the fiscal first quarter, pre-opening costs accounted for $3.1 million compared with the prior-year quarter’s $1.8 million.For second-quarter fiscal 2023, Cheesecake Factory anticipates commodity inflation in high single digits. Labor inflation is anticipated int the mid-single digits range. For fiscal 2023, our model estimates total cost of sales to rise 3.7% year over year. **Key Picks** Here we present some better-ranked stocks in the [Retail-Wholesale](https://www.zacks.com/stocks/industry-rank/sector/retail-wholesale-3) sector. **Chuy's Holdings, Inc.** [CHUY](https://www.nasdaq.com/market-activity/stocks/chuy) currently sports a Zacks Rank #1 (Strong Buy). It has a trailing four-quarter earnings surprise of 23.4%, on average. Shares of CHUY have skyrocketed 97.1% in the past year. You can see ** [the complete list of today's Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=zpi_quote_ribbon_1list)**.The Zacks Consensus Estimate for Chuy’s Holdings’ 2023 sales and EPS suggests growth of 9.9% and 27%, respectively, from the year-ago period’s levels. **BJ's Restaurants, Inc.** [BJRI](https://www.nasdaq.com/market-activity/stocks/bjri) flaunts a Zacks Rank #1 at present. BJRI has a long-term earnings growth rate of 15%. The stock has improved 44% in the past year.The Zacks Consensus Estimate for BJ's Restaurants’ 2023 sales and EPS suggests improvements of 5.5% and 311.8%, respectively, from the year-ago period’s levels. **Arcos Dorados Holdings Inc.** [ARCO](https://www.nasdaq.com/market-activity/stocks/arco) currently carries a Zacks Rank #2 (Buy). ARCO has a long-term earnings growth rate of 9.5%. The stock has gained 48.3% in the past year.The Zacks Consensus Estimate for Arcos Dorados’ 2023 sales and EPS suggests rises of 13.4% and 4.4%, respectively, from the year-ago period’s levels. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BJRI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[The Cheesecake Factory Incorporated (CAKE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CAKE&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Chuy's Holdings, Inc. (CHUY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CHUY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Arcos Dorados Holdings Inc. (ARCO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ARCO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116577/cheesecake-factory-cake-jumps-24-in-a-year-can-it-continue?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116577)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 31.8637
Stock Price 2 days before: 31.7926
Stock Price 1 day before: 32.2675
Stock Price at release: 32.4036
Risk-Free Rate at release: 0.05275
| 36.254 |
Symbol: SBGI
Security: Sinclair Broadcast Group, Inc.
Related Stocks/Topics: Stocks|NXST|IMAX|CNK
Title: IMAX, Beach House & China Review to Make The Elephant Odyssey
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:05:00
Article: **Imax Corporation** [IMAX](https://www.nasdaq.com/market-activity/stocks/imax) announced that it started the production of a nature documentary, The Elephant Odyssey. The 90-minute documentary is set for global IMAX release in 2024.The film is an international collaboration involving IMAX Corporation, Beach House Pictures and China Review Studio of China International Communications Group.The Elephant Odyssey will chronicle the epic journey of the wandering Asian elephants that captivated viewers around the world in 2020 as they roamed across Yunnan province, China. Filmed in the region's breathtaking landscapes, the documentary promises to offer a rare glimpse into the elephants' natural habitat.With renowned director and cinematographer Alice Gu at the helm and Clair Popkin serving as the director of photography, the film is shot with IMAX-certified cameras and will feature exclusive footage of the elephants' 18-month journey.IMAX continues to benefit from China, which is the company’s second largest revenue generator. The company drove a record-breaking Chinese New Year box office of $61.3 million in 2023. It was led by The Wandering Earth 2, which is now Imax’s highest-grossing local language film of all time.Imax has its largest fleet of giant screen cinemas in China. In March, it had 794 screens in operation and more than 200 in backlog. The company has a partnership in China with Wanda Film. As of Mar 31, 2023, through the company’s partnership with Wanda, there were 375 IMAX Systems operational in Greater China of which 361 are under the parties’ joint revenue sharing arrangements. **IMAX Corporation Price and Consensus** [](https://www.zacks.com/stock/chart/IMAX/price-consensus-chart?icid=chart-IMAX-price-consensus-chart) [IMAX Corporation price-consensus-chart](https://www.zacks.com/stock/chart/IMAX/price-consensus-chart?icid=chart-IMAX-price-consensus-chart) | [IMAX Corporation Quote](https://www.nasdaq.com/market-activity/stocks/imax)**Imax to Boost Top-Line Growth With Partnerships** IMAX recently entered into various partnerships across the globe. In May, the company announced an expansion of its long-standing partnership with Kinepolis for eight IMAX systems across Europe and North America. It collaborated with EVO Entertainment for eight new IMAX locations across Texas and Florida and Cinemex for six new IMAX locations in Mexico.The company signed an agreement with Galaxy Cinema for two state-of-the-art IMAX in Vietnam. This partnership will bring the Imax Laser Technology for the first time in the market.Imax is also expanding its partnership with Megarama for installing three new IMAX systems in Morocco and France. With this deal, its footprint with Megarama will be more than triple and the number of IMAX systems in France will reach 29. The three new IMAX locations will be in Givors, Boulogne-Sur-Mer and Rabat.IMAX and Cineplexx Austria are expanding its long-standing partnership. This agreement is for three new state-of-the-art IMAX with laser systems in Europe, which is its most advanced experience. Austria and South-eastern Europe's largest cinema operator, Cineplexx, will install new systems in Kosovo and Austria. Kosovo will get its first IMAX system with this deal.With the release of big movies like The Flash, The Little Mermaid and Lost in the Stars, IMAX’s revenues are expected to rise in the rest of 2023. The company expects to record $1.1 billion in global box office for the year 2023.The Zacks Consensus Estimate for IMAX’s second-quarter 2023 profit is pegged at 13 cents per share, indicating year-over-year growth of 85.71%. The consensus estimate for 2023 revenues is pegged at $374.44 million, indicating a year-over-year increase of 24.48%. **Zacks Rank & Other Key Picks** Currently, IMAX sports a Zacks Rank #1 (Strong Buy).Shares of IMAX have gained 18.7% year to date compared with the Zacks [Consumer Discretionary](https://www.zacks.com/stocks/industry-rank/sector/consumer-discretionary-2) sector’s growth of 12.1% in the same time frame.Some other top-ranked stocks from the broader sector are **Cinemark** [CNK](https://www.nasdaq.com/market-activity/stocks/cnk), **Nexstar Media Group** [NXST](https://www.nasdaq.com/market-activity/stocks/nxst) and **Sinclair, Inc.** [SBGI](https://www.nasdaq.com/market-activity/stocks/sbgi), sporting a Zacks Rank #1 at present. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/registration/premium/login/?continue_to=%2Fstocks%2Fbuy-list%2F%3FADID%3Dzp_1link%26ICID%3Dzpi_1link). **Shares of Cinemark have gained 91.4% year to date. The Zacks Consensus Estimate for CNK’s 2023 revenues is pegged at $2.92 billion, indicating a year-over-year increase of 19.08%. The consensus mark for earnings is pegged at 85 cents per share, which has remained steady over the past 30 days.Shares of Nexstar Media Group have declined 4.5% year to date. The Zacks Consensus Estimate for NXST’s 2023 revenues is pegged at $5.11 billion, indicating a year-over-year decline of 2.02%. The consensus mark for earnings is pegged at $13.15 per share, which has increased 13.6% over the past 30 days.Shares of Sinclair have declined 10.9% year to date. The Zacks Consensus Estimate for SBGI’s 2023 revenues is pegged at $3.14 billion, indicating a year-over-year decline of 19.93%. The consensus mark for earrings is pegged at $2.71 per share, which has remained steady over the past 30 days. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_257_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[Sinclair, Inc. (SBGI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SBGI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[Nexstar Media Group, Inc (NXST) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=NXST&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[IMAX Corporation (IMAX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=IMAX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[Cinemark Holdings Inc (CNK) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CNK&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116604/imax-beach-house-china-review-to-make-the-elephant-odyssey?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 13.9746
Stock Price 2 days before: 14.1463
Stock Price 1 day before: 13.7963
Stock Price at release: 13.7277
Risk-Free Rate at release: 0.05275
| 13.0049 |
Symbol: IMAX
Security: IMAX Corporation
Related Stocks/Topics: Stocks|SBGI|NXST|CNK
Title: IMAX, Beach House & China Review to Make The Elephant Odyssey
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:05:00
Article: **Imax Corporation** [IMAX](https://www.nasdaq.com/market-activity/stocks/imax) announced that it started the production of a nature documentary, The Elephant Odyssey. The 90-minute documentary is set for global IMAX release in 2024.The film is an international collaboration involving IMAX Corporation, Beach House Pictures and China Review Studio of China International Communications Group.The Elephant Odyssey will chronicle the epic journey of the wandering Asian elephants that captivated viewers around the world in 2020 as they roamed across Yunnan province, China. Filmed in the region's breathtaking landscapes, the documentary promises to offer a rare glimpse into the elephants' natural habitat.With renowned director and cinematographer Alice Gu at the helm and Clair Popkin serving as the director of photography, the film is shot with IMAX-certified cameras and will feature exclusive footage of the elephants' 18-month journey.IMAX continues to benefit from China, which is the company’s second largest revenue generator. The company drove a record-breaking Chinese New Year box office of $61.3 million in 2023. It was led by The Wandering Earth 2, which is now Imax’s highest-grossing local language film of all time.Imax has its largest fleet of giant screen cinemas in China. In March, it had 794 screens in operation and more than 200 in backlog. The company has a partnership in China with Wanda Film. As of Mar 31, 2023, through the company’s partnership with Wanda, there were 375 IMAX Systems operational in Greater China of which 361 are under the parties’ joint revenue sharing arrangements. **IMAX Corporation Price and Consensus** [](https://www.zacks.com/stock/chart/IMAX/price-consensus-chart?icid=chart-IMAX-price-consensus-chart) [IMAX Corporation price-consensus-chart](https://www.zacks.com/stock/chart/IMAX/price-consensus-chart?icid=chart-IMAX-price-consensus-chart) | [IMAX Corporation Quote](https://www.nasdaq.com/market-activity/stocks/imax)**Imax to Boost Top-Line Growth With Partnerships** IMAX recently entered into various partnerships across the globe. In May, the company announced an expansion of its long-standing partnership with Kinepolis for eight IMAX systems across Europe and North America. It collaborated with EVO Entertainment for eight new IMAX locations across Texas and Florida and Cinemex for six new IMAX locations in Mexico.The company signed an agreement with Galaxy Cinema for two state-of-the-art IMAX in Vietnam. This partnership will bring the Imax Laser Technology for the first time in the market.Imax is also expanding its partnership with Megarama for installing three new IMAX systems in Morocco and France. With this deal, its footprint with Megarama will be more than triple and the number of IMAX systems in France will reach 29. The three new IMAX locations will be in Givors, Boulogne-Sur-Mer and Rabat.IMAX and Cineplexx Austria are expanding its long-standing partnership. This agreement is for three new state-of-the-art IMAX with laser systems in Europe, which is its most advanced experience. Austria and South-eastern Europe's largest cinema operator, Cineplexx, will install new systems in Kosovo and Austria. Kosovo will get its first IMAX system with this deal.With the release of big movies like The Flash, The Little Mermaid and Lost in the Stars, IMAX’s revenues are expected to rise in the rest of 2023. The company expects to record $1.1 billion in global box office for the year 2023.The Zacks Consensus Estimate for IMAX’s second-quarter 2023 profit is pegged at 13 cents per share, indicating year-over-year growth of 85.71%. The consensus estimate for 2023 revenues is pegged at $374.44 million, indicating a year-over-year increase of 24.48%. **Zacks Rank & Other Key Picks** Currently, IMAX sports a Zacks Rank #1 (Strong Buy).Shares of IMAX have gained 18.7% year to date compared with the Zacks [Consumer Discretionary](https://www.zacks.com/stocks/industry-rank/sector/consumer-discretionary-2) sector’s growth of 12.1% in the same time frame.Some other top-ranked stocks from the broader sector are **Cinemark** [CNK](https://www.nasdaq.com/market-activity/stocks/cnk), **Nexstar Media Group** [NXST](https://www.nasdaq.com/market-activity/stocks/nxst) and **Sinclair, Inc.** [SBGI](https://www.nasdaq.com/market-activity/stocks/sbgi), sporting a Zacks Rank #1 at present. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/registration/premium/login/?continue_to=%2Fstocks%2Fbuy-list%2F%3FADID%3Dzp_1link%26ICID%3Dzpi_1link). **Shares of Cinemark have gained 91.4% year to date. The Zacks Consensus Estimate for CNK’s 2023 revenues is pegged at $2.92 billion, indicating a year-over-year increase of 19.08%. The consensus mark for earnings is pegged at 85 cents per share, which has remained steady over the past 30 days.Shares of Nexstar Media Group have declined 4.5% year to date. The Zacks Consensus Estimate for NXST’s 2023 revenues is pegged at $5.11 billion, indicating a year-over-year decline of 2.02%. The consensus mark for earnings is pegged at $13.15 per share, which has increased 13.6% over the past 30 days.Shares of Sinclair have declined 10.9% year to date. The Zacks Consensus Estimate for SBGI’s 2023 revenues is pegged at $3.14 billion, indicating a year-over-year decline of 19.93%. The consensus mark for earrings is pegged at $2.71 per share, which has remained steady over the past 30 days. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_257_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[Sinclair, Inc. (SBGI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SBGI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[Nexstar Media Group, Inc (NXST) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=NXST&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[IMAX Corporation (IMAX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=IMAX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[Cinemark Holdings Inc (CNK) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CNK&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116604/imax-beach-house-china-review-to-make-the-elephant-odyssey?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116604)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 17.0581
Stock Price 2 days before: 17.5281
Stock Price 1 day before: 17.2473
Stock Price at release: 17.4088
Risk-Free Rate at release: 0.05275
| 18.5917 |
Symbol: CHUY
Security: Chuy's Holdings, Inc.
Related Stocks/Topics: Stocks|BJRI|CMG|ARCO
Title: Here's Why You Should Retain Chipotle (CMG) in Your Portfolio
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:16:00
Article: **Chipotle Mexican Grill, Inc.** [CMG](https://www.nasdaq.com/market-activity/stocks/cmg) is poised to benefit from the digital initiatives, the addition of Chipotlanes and menu innovation. Also, the emphasis on restaurant development and culinary improvements bode well. However, inflationary pressures are a concern.Let us discuss the factors that highlight why investors should retain the stock for the time being. **Key Catalysts** Chipotle is leaving no stone unturned to make digital ordering more appealing to customers and increasingly efficient for restaurants. The company has redesigned and simplified the online ordering site, enabled online payment for catering and collaborated with several well-known third-party providers for delivery. There has also been a significant increase in digital orders and guest satisfaction since the rollout of its “Smarter Pickup Times” technology. The company witnessed a rise in order-ahead transactions, courtesy of enhanced guest access and convenience. Digital sales contributed 39% to sales during first-quarter 2023. CMG is focused on robotics-based autonomous vehicles for delivery, which is likely to enhance the customer experience in the upcoming periods.Chipotle is also gaining from the rollout of Chipotlanes. During the first quarter of 2023, it opened 41 new restaurants, with 34 locations — including a Chipotlane. The addition of Chipotlanes enhanced customer access and convenience and bolstered new store restaurant sales, margins and returns. It continues to expand its digital drive with Chipotlanes. Backed by impressive unit economics and the success of small-town locations, the company anticipates opening between 255 and 285 restaurants in 2023, with more than 80% of the restaurants having Chipotlane.Increased focus on restaurant development and culinary improvements bodes well. Recently, the business unveiled a new Responsible Restaurant Design that includes elements like rooftop solar panels, all electrical systems and equipment, LED lighting, Cactus leather chairs and electrical vehicle charging points at specific areas. The company stated that the pilot will go through standard stage gate procedure and that the successful components will be implemented into future restaurant formats. In terms of culinary, the company initiated the testing of a new grill to improve the overall cooking process for chicken and steak. Following the roll out in select restaurants, the company reported solid feedback with respect to the same. Part of the ongoing stage gate process, the company anticipates rolling out the grill in 10 additional restaurants in the upcoming periods. The company expects the strategic investments and initiatives to drive growth.The company focuses on menu innovation to drive growth. During the first quarter of 2023, the company announced the addition of Fajitas to its Quesadilla platform (as a permanent menu item) and reported a solid business with respect to the same. The addition was supported by the limited complexity in its restaurant operations. The company announced the global roll out of Chicken Al Pastor in the United States, Canada and Europe and reported solid customer feedback. The introduction of new items, solid marketing activities that include a combination of brand-building efforts and transaction-driving promotions and advertising are likely to lead to steady inflow of new customers. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/6b/46229.jpg?v=1286242586) Image Source: Zacks Investment ResearchIn the past six months, shares of the company have surged 55.7% compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/retail-restaurants-160)’s 9.9% growth. **Concerns** Chipotle has been continuously shouldering increased expenses, which have been detrimental to its margins. Commodity and wage inflation are adding to the downside. During first-quarter 2023, food, beverage and packaging costs came in at $692.6 million compared with $626.9 million reported in the prior-year quarter. The upside was primarily driven by inflation across food costs, including dairy, tortillas, salsa, beans and rice. The labor costs increased 9.8% to $583.8 million from the year-ago levels.The company anticipates inflationary pressures to persist for some time. In the second quarter, it expects elevated costs concerning avocados. CMG anticipates cost of sales to remain in the low 29% range while labor costs are expected to remain in the mid-24% range.The company’s development timeframe has been prolonged courtesy of difficulties, such as utility installation, component and raw material shortages and delays with permits and inspections. The company anticipates the challenges to persist throughout 2023. **Zacks Rank & Key Picks** Chipotle currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the [Retail-Wholesale](https://www.zacks.com/stocks/industry-rank/sector/retail-wholesale-3) sector include:**BJ's Restaurants, Inc.** [BJRI](https://www.nasdaq.com/market-activity/stocks/bjri) sports a Zacks Rank #1 (Strong Buy). BJRI has a long-term earnings growth rate of 15%. The stock has improved 44% in the past year. You can see [the complete list of today’s Zacks Rank #1 stocks here.](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=quote-stock_overview-zp_internal-zacks_premium-top_ribbon-1_rank) The Zacks Consensus Estimate for BJ's Restaurants’ 2023 sales and EPS suggests growth of 5.5% and 311.8%, respectively, from the year-ago period’s levels. **Arcos Dorados Holdings Inc.** [ARCO](https://www.nasdaq.com/market-activity/stocks/arco) carries a Zacks Rank #2 (Buy). ARCO has a long-term earnings growth rate of 9.5%. The stock has rallied 48.3% in the past year.The Zacks Consensus Estimate for Arcos Dorados’ 2023 sales and EPS suggests growth of 13.4% and 4.4%, respectively, from the year-ago period’s levels. **Chuy's Holdings, Inc.** [CHUY](https://www.nasdaq.com/market-activity/stocks/chuy) carries a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 23.4%, on average. Shares of CHUY have skyrocketed 97.1% in the past year.The Zacks Consensus Estimate for Chuy’s Holdings’ 2023 sales and EPS suggests growth of 9.9% and 27%, respectively, from the year-ago period’s levels. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BJRI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CMG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[Chuy's Holdings, Inc. (CHUY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CHUY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[Arcos Dorados Holdings Inc. (ARCO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ARCO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116603/here-s-why-you-should-retain-chipotle-cmg-in-your-portfolio?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 40.9956
Stock Price 2 days before: 40.8177
Stock Price 1 day before: 41.464
Stock Price at release: 41.3146
Risk-Free Rate at release: 0.05275
| 40.5142 |
Symbol: BJRI
Security: BJ's Restaurants, Inc.
Related Stocks/Topics: Stocks|CMG|CHUY|ARCO
Title: Here's Why You Should Retain Chipotle (CMG) in Your Portfolio
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:16:00
Article: **Chipotle Mexican Grill, Inc.** [CMG](https://www.nasdaq.com/market-activity/stocks/cmg) is poised to benefit from the digital initiatives, the addition of Chipotlanes and menu innovation. Also, the emphasis on restaurant development and culinary improvements bode well. However, inflationary pressures are a concern.Let us discuss the factors that highlight why investors should retain the stock for the time being. **Key Catalysts** Chipotle is leaving no stone unturned to make digital ordering more appealing to customers and increasingly efficient for restaurants. The company has redesigned and simplified the online ordering site, enabled online payment for catering and collaborated with several well-known third-party providers for delivery. There has also been a significant increase in digital orders and guest satisfaction since the rollout of its “Smarter Pickup Times” technology. The company witnessed a rise in order-ahead transactions, courtesy of enhanced guest access and convenience. Digital sales contributed 39% to sales during first-quarter 2023. CMG is focused on robotics-based autonomous vehicles for delivery, which is likely to enhance the customer experience in the upcoming periods.Chipotle is also gaining from the rollout of Chipotlanes. During the first quarter of 2023, it opened 41 new restaurants, with 34 locations — including a Chipotlane. The addition of Chipotlanes enhanced customer access and convenience and bolstered new store restaurant sales, margins and returns. It continues to expand its digital drive with Chipotlanes. Backed by impressive unit economics and the success of small-town locations, the company anticipates opening between 255 and 285 restaurants in 2023, with more than 80% of the restaurants having Chipotlane.Increased focus on restaurant development and culinary improvements bodes well. Recently, the business unveiled a new Responsible Restaurant Design that includes elements like rooftop solar panels, all electrical systems and equipment, LED lighting, Cactus leather chairs and electrical vehicle charging points at specific areas. The company stated that the pilot will go through standard stage gate procedure and that the successful components will be implemented into future restaurant formats. In terms of culinary, the company initiated the testing of a new grill to improve the overall cooking process for chicken and steak. Following the roll out in select restaurants, the company reported solid feedback with respect to the same. Part of the ongoing stage gate process, the company anticipates rolling out the grill in 10 additional restaurants in the upcoming periods. The company expects the strategic investments and initiatives to drive growth.The company focuses on menu innovation to drive growth. During the first quarter of 2023, the company announced the addition of Fajitas to its Quesadilla platform (as a permanent menu item) and reported a solid business with respect to the same. The addition was supported by the limited complexity in its restaurant operations. The company announced the global roll out of Chicken Al Pastor in the United States, Canada and Europe and reported solid customer feedback. The introduction of new items, solid marketing activities that include a combination of brand-building efforts and transaction-driving promotions and advertising are likely to lead to steady inflow of new customers. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/6b/46229.jpg?v=1286242586) Image Source: Zacks Investment ResearchIn the past six months, shares of the company have surged 55.7% compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/retail-restaurants-160)’s 9.9% growth. **Concerns** Chipotle has been continuously shouldering increased expenses, which have been detrimental to its margins. Commodity and wage inflation are adding to the downside. During first-quarter 2023, food, beverage and packaging costs came in at $692.6 million compared with $626.9 million reported in the prior-year quarter. The upside was primarily driven by inflation across food costs, including dairy, tortillas, salsa, beans and rice. The labor costs increased 9.8% to $583.8 million from the year-ago levels.The company anticipates inflationary pressures to persist for some time. In the second quarter, it expects elevated costs concerning avocados. CMG anticipates cost of sales to remain in the low 29% range while labor costs are expected to remain in the mid-24% range.The company’s development timeframe has been prolonged courtesy of difficulties, such as utility installation, component and raw material shortages and delays with permits and inspections. The company anticipates the challenges to persist throughout 2023. **Zacks Rank & Key Picks** Chipotle currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the [Retail-Wholesale](https://www.zacks.com/stocks/industry-rank/sector/retail-wholesale-3) sector include:**BJ's Restaurants, Inc.** [BJRI](https://www.nasdaq.com/market-activity/stocks/bjri) sports a Zacks Rank #1 (Strong Buy). BJRI has a long-term earnings growth rate of 15%. The stock has improved 44% in the past year. You can see [the complete list of today’s Zacks Rank #1 stocks here.](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=quote-stock_overview-zp_internal-zacks_premium-top_ribbon-1_rank) The Zacks Consensus Estimate for BJ's Restaurants’ 2023 sales and EPS suggests growth of 5.5% and 311.8%, respectively, from the year-ago period’s levels. **Arcos Dorados Holdings Inc.** [ARCO](https://www.nasdaq.com/market-activity/stocks/arco) carries a Zacks Rank #2 (Buy). ARCO has a long-term earnings growth rate of 9.5%. The stock has rallied 48.3% in the past year.The Zacks Consensus Estimate for Arcos Dorados’ 2023 sales and EPS suggests growth of 13.4% and 4.4%, respectively, from the year-ago period’s levels. **Chuy's Holdings, Inc.** [CHUY](https://www.nasdaq.com/market-activity/stocks/chuy) carries a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 23.4%, on average. Shares of CHUY have skyrocketed 97.1% in the past year.The Zacks Consensus Estimate for Chuy’s Holdings’ 2023 sales and EPS suggests growth of 9.9% and 27%, respectively, from the year-ago period’s levels. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BJRI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CMG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[Chuy's Holdings, Inc. (CHUY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CHUY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[Arcos Dorados Holdings Inc. (ARCO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ARCO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116603/here-s-why-you-should-retain-chipotle-cmg-in-your-portfolio?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116603)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 31.8862
Stock Price 2 days before: 31.7926
Stock Price 1 day before: 32.2746
Stock Price at release: 32.4036
Risk-Free Rate at release: 0.05275
| 36.147 |
Symbol: AVDX
Security: AvidXchange Holdings, Inc.
Related Stocks/Topics: Stocks|BIDU|AKAM|SQ
Title: Block (SQ) Introduces Credit & Cash Flow Management Tools
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:16:00
Article: **Block** [SQ](https://www.nasdaq.com/market-activity/stocks/sq) continues to make strong efforts to deliver an enhanced experience to sellers with the help of its advanced solutions.This is evident from the launch of new credit tools and cash flow management products.Block unveiled the Square Credit Card in beta, which runs on the American Express network. The new credit card offers more spending flexibility to sellers.The credit limit of the card is determined by the amount of sales processed by a seller through Square. It comes with no late fees or annual fees and it also rewards the sellers with free card processing every time they spend.Apart from Square Credit Card, the company expanded the functions of Square Loans for large sellers, who will now have the flexibility to repay their loans on a fixed monthly schedule. This functionality is currently in the beta stage.We note that the above-mentioned efforts are expected to aid Block in gaining momentum among upmarket sellers. **Block, Inc. Price and Consensus** [](https://www.zacks.com/stock/chart/SQ/price-consensus-chart?icid=chart-SQ-price-consensus-chart) [Block, Inc. price-consensus-chart](https://www.zacks.com/stock/chart/SQ/price-consensus-chart?icid=chart-SQ-price-consensus-chart) | [Block, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/sq)**More Into the Headlines** In addition to the new credit facilities, the company also introduced various features of Square Checking.Block has enabled early deposit access for Square Checking sellers, with the help of which they can now access their ACH deposits quickly and consolidate their revenues in a single place.This apart, up to four additional debit cards will be provided to the sellers, which will be connected to their Checking accounts. This is expected to be available in late 2023.Further, the company continues to support sellers by preparing them for future priorities on the back of Square Savings.This way, we believe Square Banking is likely to sustain its momentum among large as well as small businesses. **To Conclude** Undoubtedly, the latest move fortified the company’s key offerings.Its continued focus on innovation in its product portfolio has played a significant role in shaping its growth trajectory.Apart from the abovementioned new credit tools and cash flow management products, Block’s Square recently launched Tap to Pay on Android for UK retailers. With a compatible Android handset and no additional expense, the new technology enables vendors to safely accept contactless payments.Further, Square announced an integrated spring product release, offering a slew of new features across the entire product ecosystem to unlock growth and create resilience for businesses of all sizes.Block’s TIDAL reintroduced TIDAL RISING, which provides continuous support to a select group of rising artists through personalized marketing, education and direct funding, allowing them to develop, prosper and build their careers.We believe that its growing portfolio will likely contribute to the overall financial performance of Block in the days ahead.The Zacks Consensus Estimate for 2023 revenues is pegged at $20.53 billion, indicating growth of 17.1% from 2022.The consensus mark for 2023 earnings stands at $1.69 per share, reflecting growth of 69% from 2022.Notably, Block has gained 5.4% on a year-to-date basis. **Zacks Rank & Stocks to Consider** Currently, Block carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader technology sector are **Akamai Technologies** [AKAM](https://www.nasdaq.com/market-activity/stocks/akam), **Baidu** [BIDU](https://www.nasdaq.com/market-activity/stocks/bidu) and **AvidXchange** [AVDX](https://www.nasdaq.com/market-activity/stocks/avdx-0). While Akamai Technologies and Baidu sport a Zacks Rank #1 (Strong Buy), AvidXchange carries a Zacks Rank #2 (Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link)**.Akamai shares have gained 6.6% in the year-to-date period. The long-term earnings growth rate for AKAM is currently projected at 10%.AvidXchange shares have increased by 4.4% in the year-to-date period. The long-term earnings growth rate for AVDX is currently projected at 5.7%.Baidu shares have gained 19.7% in the year-to-date period. Its long-term earnings growth rate is presently projected at 19.5%. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_253_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116539)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116539)[Baidu, Inc. (BIDU) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BIDU&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116539)[Akamai Technologies, Inc. (AKAM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=AKAM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116539)[Block, Inc. (SQ) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=SQ&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116539)[AvidXchange Holdings, Inc. (AVDX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AVDX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116539)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116539/block-sq-introduces-credit-cash-flow-management-tools?cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116539)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 10.3934
Stock Price 2 days before: 10.3823
Stock Price 1 day before: 10.2162
Stock Price at release: 10.2203
Risk-Free Rate at release: 0.05275
| 10.66 |
Symbol: ALGT
Security: Allegiant Travel Company
Related Stocks/Topics: Stocks|CPA|ATSG
Title: Here's Why You Should Sell Air Transport Services (ATSG) Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:23:00
Article: **Air Transport Services Group, Inc.** [ATSG](https://www.nasdaq.com/market-activity/stocks/atsg) is getting affected by increased fuel expenses and anticipates a 5% reduction in the use of cargo aircraft.Let’s delve deeper. **Unimpressive Price Performance**: A glimpse at the company’s price trend reveals that its shares have plunged 32.5% in the past year compared with 1.8% fall of the [industry ](https://www.zacks.com/stocks/industry-rank/industry/transportation-air-freight-and-cargo-186) it belongs to. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/d0/46244.jpg?v=856143850) Image Source: Zacks Investment Research** Weak Zacks Rank and Style Score**: Air Transport Services currently carries a Zacks Rank #5 (Strong Sell). Moreover, ATSG’s current [Momentum Style Score ](https://www.zacks.com/education/stock-style-scores/momentum-trading) of D shows its short-term unattractiveness. **Southward Estimate Revisions**: No estimates for 2023 moved north in the past 60 days versus five southward revisions, reflecting analysts’ lack of confidence in the company. The Zacks Consensus Estimate for 2023 earnings has declined 17.5% in the past 60 days. **Negative Earnings Surprise History**: Air Transport Services has delivered a negative earnings surprise (two misses while beat twice) of 0.4%, on average. **Low Growth Prospects**: The Zacks Consensus Estimate for 2023 earnings is pegged at $1.6 per share, which reflects year-over-year decrease of 29.8%. **Other Headwinds**: An increase in expenses on fuel due to the current oil price surge is hurting ATSG's bottom line. Evidently, operating costs increased 24.8% in 2022 with fuel expenses rising 58.7%. Operating expenses rose in first-quarter 2023 as well. We expect operating costs to climb 8.6% in second-quarter 2023 from second-quarter 2022 actuals.Management anticipates a 5% reduction in usage of cargo aircraft for 2023, highlighting the weakness pertaining to the air-cargo market. Softness of the air-cargo market will hurt ATSG's top line. **Stocks to Consider** Some better-ranked stocks for investors interested in the Zacks [Transportation](https://www.zacks.com/stocks/industry-rank/sector/transportation-15) sector are **Copa Holdings, S.A.** [CPA](https://www.nasdaq.com/market-activity/stocks/cpa) and **Allegiant Travel Company** [ALGT](https://www.nasdaq.com/market-activity/stocks/algt). **Copa Holdings**, which presently flaunts a Zacks Rank #1 (Strong Buy), is aided by improved air-travel demand. We are encouraged by the company’s initiatives to modernize its fleet. CPA's focus on its cargo segment is also impressive. You can see [ the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link) For second-quarter and 2023, CPA’s earnings are expected to register 912.5% and 84.14% surge, respectively, on a year-over-year basis. **Allegiant**, which currently carries a Zacks Rank #2 (Buy), is benefiting from a steady recovery in domestic and international air-travel demand.ALGT has a strong cash position. Cash and cash equivalents of $317.6 million at the first-quarter 2023 end was higher than the current debt of $289.7 million. This implies that the company has enough cash to meet its debt burden. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623) [Copa Holdings, S.A. (CPA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CPA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623)[Allegiant Travel Company (ALGT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALGT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623)[Air Transport Services Group, Inc (ATSG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ATSG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116623/here-s-why-you-should-sell-air-transport-services-atsg-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 125.518
Stock Price 2 days before: 126.963
Stock Price 1 day before: 128.027
Stock Price at release: 127.815
Risk-Free Rate at release: 0.05275
| 114.699 |
Symbol: ATSG
Security: Air Transport Services Group, Inc.
Related Stocks/Topics: Stocks|CPA|ALGT
Title: Here's Why You Should Sell Air Transport Services (ATSG) Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:23:00
Article: **Air Transport Services Group, Inc.** [ATSG](https://www.nasdaq.com/market-activity/stocks/atsg) is getting affected by increased fuel expenses and anticipates a 5% reduction in the use of cargo aircraft.Let’s delve deeper. **Unimpressive Price Performance**: A glimpse at the company’s price trend reveals that its shares have plunged 32.5% in the past year compared with 1.8% fall of the [industry ](https://www.zacks.com/stocks/industry-rank/industry/transportation-air-freight-and-cargo-186) it belongs to. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/d0/46244.jpg?v=856143850) Image Source: Zacks Investment Research** Weak Zacks Rank and Style Score**: Air Transport Services currently carries a Zacks Rank #5 (Strong Sell). Moreover, ATSG’s current [Momentum Style Score ](https://www.zacks.com/education/stock-style-scores/momentum-trading) of D shows its short-term unattractiveness. **Southward Estimate Revisions**: No estimates for 2023 moved north in the past 60 days versus five southward revisions, reflecting analysts’ lack of confidence in the company. The Zacks Consensus Estimate for 2023 earnings has declined 17.5% in the past 60 days. **Negative Earnings Surprise History**: Air Transport Services has delivered a negative earnings surprise (two misses while beat twice) of 0.4%, on average. **Low Growth Prospects**: The Zacks Consensus Estimate for 2023 earnings is pegged at $1.6 per share, which reflects year-over-year decrease of 29.8%. **Other Headwinds**: An increase in expenses on fuel due to the current oil price surge is hurting ATSG's bottom line. Evidently, operating costs increased 24.8% in 2022 with fuel expenses rising 58.7%. Operating expenses rose in first-quarter 2023 as well. We expect operating costs to climb 8.6% in second-quarter 2023 from second-quarter 2022 actuals.Management anticipates a 5% reduction in usage of cargo aircraft for 2023, highlighting the weakness pertaining to the air-cargo market. Softness of the air-cargo market will hurt ATSG's top line. **Stocks to Consider** Some better-ranked stocks for investors interested in the Zacks [Transportation](https://www.zacks.com/stocks/industry-rank/sector/transportation-15) sector are **Copa Holdings, S.A.** [CPA](https://www.nasdaq.com/market-activity/stocks/cpa) and **Allegiant Travel Company** [ALGT](https://www.nasdaq.com/market-activity/stocks/algt). **Copa Holdings**, which presently flaunts a Zacks Rank #1 (Strong Buy), is aided by improved air-travel demand. We are encouraged by the company’s initiatives to modernize its fleet. CPA's focus on its cargo segment is also impressive. You can see [ the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link) For second-quarter and 2023, CPA’s earnings are expected to register 912.5% and 84.14% surge, respectively, on a year-over-year basis. **Allegiant**, which currently carries a Zacks Rank #2 (Buy), is benefiting from a steady recovery in domestic and international air-travel demand.ALGT has a strong cash position. Cash and cash equivalents of $317.6 million at the first-quarter 2023 end was higher than the current debt of $289.7 million. This implies that the company has enough cash to meet its debt burden. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623) [Copa Holdings, S.A. (CPA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CPA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623)[Allegiant Travel Company (ALGT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ALGT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623)[Air Transport Services Group, Inc (ATSG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ATSG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116623/here-s-why-you-should-sell-air-transport-services-atsg-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116623)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 18.8888
Stock Price 2 days before: 18.9152
Stock Price 1 day before: 19.2331
Stock Price at release: 18.9509
Risk-Free Rate at release: 0.05275
| 20.1803 |
Symbol: BJRI
Security: BJ's Restaurants, Inc.
Related Stocks/Topics: Stocks|ANF|EAT|PLAY
Title: Here's Why You Should Steer Clear of Brinker (EAT) Stock Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:32:00
Article: Shares of **Brinker International, Inc.** [EAT](https://www.nasdaq.com/market-activity/stocks/eat) have declined 1.8% in past three months against the [industry](https://www.zacks.com/stocks/industry-rank/industry/retail-restaurants-160)’s rise of 2.9%. The company has been witnessing headwinds stemming from elevated inflationary pressures and traffic challenges. Also, uncertain macroeconomic environment is a concern.Earnings estimates for the fiscal 2024 have been revised downward by 0.7% in the past 30 days.Let’s discuss the factors that are likely to impact this Zacks Rank #5 (Strong Sell) company’s growth potential.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/33/46245.jpg?v=675949416) Image Source: Zacks Investment Research **Primary Concerns** Brinker has been persistently shouldering increased expenses, which are detrimental to margins. A rise in restaurant labor and commodity costs continues to hurt the company. Brinker is encountering higher expenses, courtesy of its return to broad-based advertising and incremental repair and maintenance investment.During third-quarter fiscal 2023, total operating costs and expenses amounted to $1,019 million compared with $931 million reported in the year-ago quarter. During the quarter, commodity inflation increased 9% year over year. The upside was primarily driven by a rise in poultry, beef and produce costs. Meanwhile, wage rate inflation increased 5% year over year.The company anticipates inflationary environment to persist for some time. Also, dismal traffic in Chilis (compared with pre-pandemic levels) is a concern. The company is cautious about the challenging macroeconomic environment.Also, international comps might be under pressure in the coming quarters due to a slowdown in some of the international markets that it operates in. Brinker is highly exposed to various emerging nations that have been exhibiting decelerating growth for some time due to various macro headwinds. This might limit discretionary spending, hurting the company’s top line. In fiscal third-quarter 2023, international comps grew 12.5% compared with the 28.4% growth in the prior-year quarter.High debt is a major roadblock for the company. Long-term debt at the end of the’ fiscal third quarter came in at $930.7 million compared with $1,023.3 million reported in the previous quarter. The company ended the fiscal third quarter with cash and cash equivalents of $13.8 million (compared with $14.7 million reported in the previous quarter), which may not be enough to manage the high debt level. **Zacks Rank & Key Picks** Some better-ranked stocks from the Zacks [Retail and Wholesale](https://www.zacks.com/stocks/industry-rank/sector/retail-wholesale-3) sector are:**Dave & Buster's Entertainment, Inc.** [PLAY](https://www.nasdaq.com/market-activity/stocks/play) carries a Zacks Rank #1. PLAY has a trailing four-quarter earnings surprise of 6.8%, on average. Shares of PLAY have gained 30.6% in the past year. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=quote-stock_overview-zp_internal-zacks_premium-top_ribbon-1_rank).The Zacks Consensus Estimate for PLAY’s 2024 sales and EPS indicates a rise of 17% and 27.6%, respectively, from the year-ago period’s levels. **Abercrombie & Fitch Co.** [ANF](https://www.nasdaq.com/market-activity/stocks/anf) carries a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 480.6%, on average. Shares of ANF have increased 112% in the past year.The Zacks Consensus Estimate for ANF’s 2024 sales and EPS indicates a rise of 3.4% and 732%, respectively, from the year-ago period’s levels. **BJ's Restaurants, Inc.** [BJRI](https://www.nasdaq.com/market-activity/stocks/bjri) carries a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 93%, on average. Shares of BJRI have increased 42% in the past year.The Zacks Consensus Estimate for BJRI’s 2023 sales and EPS indicates a rise of 5.5% and 311.8%, respectively, from the year-ago period’s levels. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630) [BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BJRI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630)[Abercrombie & Fitch Company (ANF) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ANF&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630)[Brinker International, Inc. (EAT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=EAT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630)[Dave & Buster's Entertainment, Inc. (PLAY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=PLAY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116630/here-s-why-you-should-steer-clear-of-brinker-eat-stock-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 31.9633
Stock Price 2 days before: 31.7926
Stock Price 1 day before: 32.2768
Stock Price at release: 32.5337
Risk-Free Rate at release: 0.05275
| 36.222 |
Symbol: PLAY
Security: Dave & Buster's Entertainment, Inc.
Related Stocks/Topics: Stocks|BJRI|ANF|EAT
Title: Here's Why You Should Steer Clear of Brinker (EAT) Stock Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:32:00
Article: Shares of **Brinker International, Inc.** [EAT](https://www.nasdaq.com/market-activity/stocks/eat) have declined 1.8% in past three months against the [industry](https://www.zacks.com/stocks/industry-rank/industry/retail-restaurants-160)’s rise of 2.9%. The company has been witnessing headwinds stemming from elevated inflationary pressures and traffic challenges. Also, uncertain macroeconomic environment is a concern.Earnings estimates for the fiscal 2024 have been revised downward by 0.7% in the past 30 days.Let’s discuss the factors that are likely to impact this Zacks Rank #5 (Strong Sell) company’s growth potential.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/33/46245.jpg?v=675949416) Image Source: Zacks Investment Research **Primary Concerns** Brinker has been persistently shouldering increased expenses, which are detrimental to margins. A rise in restaurant labor and commodity costs continues to hurt the company. Brinker is encountering higher expenses, courtesy of its return to broad-based advertising and incremental repair and maintenance investment.During third-quarter fiscal 2023, total operating costs and expenses amounted to $1,019 million compared with $931 million reported in the year-ago quarter. During the quarter, commodity inflation increased 9% year over year. The upside was primarily driven by a rise in poultry, beef and produce costs. Meanwhile, wage rate inflation increased 5% year over year.The company anticipates inflationary environment to persist for some time. Also, dismal traffic in Chilis (compared with pre-pandemic levels) is a concern. The company is cautious about the challenging macroeconomic environment.Also, international comps might be under pressure in the coming quarters due to a slowdown in some of the international markets that it operates in. Brinker is highly exposed to various emerging nations that have been exhibiting decelerating growth for some time due to various macro headwinds. This might limit discretionary spending, hurting the company’s top line. In fiscal third-quarter 2023, international comps grew 12.5% compared with the 28.4% growth in the prior-year quarter.High debt is a major roadblock for the company. Long-term debt at the end of the’ fiscal third quarter came in at $930.7 million compared with $1,023.3 million reported in the previous quarter. The company ended the fiscal third quarter with cash and cash equivalents of $13.8 million (compared with $14.7 million reported in the previous quarter), which may not be enough to manage the high debt level. **Zacks Rank & Key Picks** Some better-ranked stocks from the Zacks [Retail and Wholesale](https://www.zacks.com/stocks/industry-rank/sector/retail-wholesale-3) sector are:**Dave & Buster's Entertainment, Inc.** [PLAY](https://www.nasdaq.com/market-activity/stocks/play) carries a Zacks Rank #1. PLAY has a trailing four-quarter earnings surprise of 6.8%, on average. Shares of PLAY have gained 30.6% in the past year. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?adid=ZP_quote_ribbon_1list&icid=quote-stock_overview-zp_internal-zacks_premium-top_ribbon-1_rank).The Zacks Consensus Estimate for PLAY’s 2024 sales and EPS indicates a rise of 17% and 27.6%, respectively, from the year-ago period’s levels. **Abercrombie & Fitch Co.** [ANF](https://www.nasdaq.com/market-activity/stocks/anf) carries a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 480.6%, on average. Shares of ANF have increased 112% in the past year.The Zacks Consensus Estimate for ANF’s 2024 sales and EPS indicates a rise of 3.4% and 732%, respectively, from the year-ago period’s levels. **BJ's Restaurants, Inc.** [BJRI](https://www.nasdaq.com/market-activity/stocks/bjri) carries a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 93%, on average. Shares of BJRI have increased 42% in the past year.The Zacks Consensus Estimate for BJRI’s 2023 sales and EPS indicates a rise of 5.5% and 311.8%, respectively, from the year-ago period’s levels. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630) [BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BJRI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630)[Abercrombie & Fitch Company (ANF) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ANF&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630)[Brinker International, Inc. (EAT) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=EAT&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630)[Dave & Buster's Entertainment, Inc. (PLAY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=PLAY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116630/here-s-why-you-should-steer-clear-of-brinker-eat-stock-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116630)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 45.3888
Stock Price 2 days before: 44.4488
Stock Price 1 day before: 44.5625
Stock Price at release: 44.7389
Risk-Free Rate at release: 0.05275
| 42.4172 |
Symbol: BJRI
Security: BJ's Restaurants, Inc.
Related Stocks/Topics: Stocks|ARCO|BKNG|DIBS
Title: Booking Holdings (BKNG) Unveils Wholesale Distribution Platform
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:53:00
Article: **Booking Holdings** [BKNG](https://www.nasdaq.com/market-activity/stocks/bkng) is leaving no stone unturned to bolster its footprint in the online travel booking space on the back of its innovative solutions.The recent unveiling of a wholesale distribution platform by its subsidiary Agoda bears testament to the same.Notably, the wholesale distribution platform allows hotel chains to choose which suppliers access their inventory by providing them with a dashboard that helps in tracking where their rates are being shared.Further, this platform is designed to simplify the complex process of hotel distribution as it enables sales monitoring, rate control analysis, partner-specific campaigns and seamless onboarding.Additionally, the platform offers real-time visibility into booking sources and volumes.All these features will help hotel chains to have control over their distribution channels and inventory consumption, which, in turn, will allow them to adjust prices dynamically.We believe the latest move will likely drive Agoda’s momentum among various hotel chains and bolster the hotel partner base of the company. **Booking Holdings Inc. Price and Consensus** [](https://www.zacks.com/stock/chart/BKNG/price-consensus-chart?icid=chart-BKNG-price-consensus-chart) [Booking Holdings Inc. price-consensus-chart](https://www.zacks.com/stock/chart/BKNG/price-consensus-chart?icid=chart-BKNG-price-consensus-chart) | [Booking Holdings Inc. Quote](https://www.nasdaq.com/market-activity/stocks/bkng)******Expanding Solution Offerings** The launch of the wholesale distribution platform is in sync with Booking Holdings’ growing efforts to expand its offeringsAnother subsidiary of Booking Holdings, Priceline, recently launched Trip Intelligence, which comprises 40 booking tools and site enhancements. With Trip Intelligence, Priceline strives to offer smart ways of booking a trip.Additionally, Booking.com launched AI Trip Planner in beta for selected travelers based in the United States who are listed on the company’s app. The tool utilizes machine learning models and large language models from Open AI's chat GPT to provide a conversational travel booking experience to customers.We believe all these endeavors are likely to aid the performance of Booking Holdings in the near term.The Zacks Consensus Estimate for 2023 revenues is pegged at $20.35 billion, implying growth of 19.01% from the 2022 reported figure.The consensus mark for 2023 earnings stands at $136.88 per share, indicating growth of 37.1% year over year.Also, an expanding solutions portfolio positions the company well to capitalize on the growth prospects present in the online travel booking market.Per a report presented by Grand View Research, the market is expected to register a CAGR of 9% between 2022 and 2030.Notably, BKNG has gained 36.1% in the year-to-date period, outperforming the industry’s rally of 31.1%. **Zacks Rank & Stocks to Consider** Currently, Booking Holdings carries a Zacks Rank #2 (Buy).Some other top-ranked stocks in the retail-wholesale sector are **BJ’s Restaurants** [BJRI](https://www.nasdaq.com/market-activity/stocks/bjri), **1stdibs.com** [DIBS](https://www.nasdaq.com/market-activity/stocks/dibs) and **Arcos Dorados** [ARCO](https://www.nasdaq.com/market-activity/stocks/arco). BJ’s Restaurants sports a Zacks Rank #1 (Strong Buy), while 1stdibs.com and Arcos Dorados carry a Zacks Rank #2 (Buy) each. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**.BJ’s Restaurants has gained 25.4% on a year-to-date basis. The long-term earnings growth rate for BJRI is currently projected at 15%.1stdibs.com has lost 22.4% on a year-to-date basis. The long-term earnings growth rate for DIBS is currently projected at 5.66%.Arcos Dorados has gained 23.8% on a year-to-date basis. The long-term earnings growth rate for ARCO is currently projected at 9.49%. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_257_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116651)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116651)[BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BJRI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116651)[Arcos Dorados Holdings Inc. (ARCO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ARCO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116651)[Booking Holdings Inc. (BKNG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BKNG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116651)[1stdibs.com, Inc. (DIBS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=DIBS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_257&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116651)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116651/booking-holdings-bkng-unveils-wholesale-distribution-platform?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_corporate_actions-2116651)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 32.0939
Stock Price 2 days before: 31.7926
Stock Price 1 day before: 32.4227
Stock Price at release: 32.5337
Risk-Free Rate at release: 0.05275
| 36.3233 |
Symbol: AVDX
Security: AvidXchange Holdings, Inc.
Related Stocks/Topics: Stocks|BIDU|AKAM|CARR
Title: Carrier Global (CARR) Introduces New Solar Charging Systems
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 12:53:00
Article: **Carrier Global** [CARR](https://www.nasdaq.com/market-activity/stocks/carr) is constantly making strong efforts to expand its refrigeration segment offerings.One of its brands, Transicold, recently expanded its line of solar charging systems for transport refrigeration unit (TRU) batteries. This testifies to the aforesaid fact.It has introduced a wide array of enhancements on its platform, including a TRU-mount solar charging system, a 50-watt trailer rooftop-mount system, a 20-series 50-watt rooftop-mount system, a 50-watt rail-optimized door-mount system and a charging system for the Solara heating unit.These new advancements, along with tri-layer solar panel technology, are expected to boost power delivery for faster charging.This, in turn, is likely to drive Carrier’s momentum in the refrigeration market. **Carrier Global Corporation Price and Consensus** [](https://www.zacks.com/stock/chart/CARR/price-consensus-chart?icid=chart-CARR-price-consensus-chart) [Carrier Global Corporation price-consensus-chart](https://www.zacks.com/stock/chart/CARR/price-consensus-chart?icid=chart-CARR-price-consensus-chart) | [Carrier Global Corporation Quote](https://www.nasdaq.com/market-activity/stocks/carr)******Strengthening Refrigeration Offerings** The latest move complements Carrier’s recent efforts to boost its refrigeration offerings.Recently, Carrier Transicold unveiled a range of electric and sustainable temperature-controlled transport units at the Brisbane Truck Show 2023. The introduction of the Vector eCool, Syberia eCool, Eco-Drive 30T, Xarios 6 and Vector HE 17 systems remains noteworthy.Further, Transicold announced the availability of fleet protection from the costs of premature battery failure in transport refrigeration units (TRUs) on its BluEdge service platform.Additionally, Transicold introduced the Vector S15 temperature-controlled caravan unit, which delivers the performance and reliability expected from Transicold's Vector series while assisting customers in lowering their operational expenses and carbon footprint.Transicold also unveiled two single-temperature electric truck refrigeration units as the foundation of its new Supra eCool line offering, which includes features such as efficient zero-emissions performance, maximum range, high refrigeration capacity and reduced service requirements, to name a few.We believe all these endeavors are likely to aid the performance of the Refrigeration segment in the near term.In the first quarter of 2023, the segment generated $898 million in revenues, accounting for 17% of net sales.We note that the growing prospects of the underlined segment are likely to benefit the overall performance of Carrier and instill investors’ optimism in the stock.The Zacks Consensus Estimate for 2023 revenues is pegged at $22.16 billion, indicating growth of 8.5% from the reported figure of fiscal 2022.Notably, CARR has returned 22.3% on a year-to-date basis. **Zacks Rank & Other Stocks to Consider** Currently, Carrier Global carries a Zacks Rank #2 (Buy). Some other top-ranked stocks in the broader technology sector are **Akamai Technologies** [AKAM](https://www.nasdaq.com/market-activity/stocks/akam), **Baidu** [BIDU](https://www.nasdaq.com/market-activity/stocks/bidu) and **AvidXchange** [AVDX](https://www.nasdaq.com/market-activity/stocks/avdx-0). While Akamai Technologies and Baidu sport a Zacks Rank #1 (Strong Buy), AvidXchange carries the same rank as CARR.You can see ** [the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link)**Akamai shares have gained 6.6% in the year-to-date period. The long-term earnings growth rate for AKAM is currently projected at 10%.AvidXchange shares have increased by 4.4% in the year-to-date period. The long-term earnings growth rate for AVDX is currently projected at 5.7%.Baidu shares have gained 19.7% in the year-to-date period. Its long-term earnings growth rate is presently projected at 19.5%. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_253_07042023&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116648)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116648)[Baidu, Inc. (BIDU) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BIDU&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116648)[Akamai Technologies, Inc. (AKAM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=AKAM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116648)[AvidXchange Holdings, Inc. (AVDX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AVDX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116648)[Carrier Global Corporation (CARR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CARR&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116648)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116648/carrier-global-carr-introduces-new-solar-charging-systems?cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116648)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 10.45
Stock Price 2 days before: 10.3823
Stock Price 1 day before: 10.215
Stock Price at release: 10.1609
Risk-Free Rate at release: 0.05275
| 10.7376 |
Symbol: IAG
Security: IAMGOLD Corporation
Related Stocks/Topics: Stocks
Title: Iamgold (IAG) Moves to Buy: Rationale Behind the Upgrade
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 13:03:00
Article: Iamgold (IAG) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.As such, the Zacks rating upgrade for Iamgold is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. **Most Powerful Force Impacting Stock Prices** The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.For Iamgold, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher. **Harnessing the Power of Earnings Estimate Revisions** Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see [the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). **Earnings Estimate Revisions for Iamgold** This gold and niobium mining company is expected to earn $0.03 per share for the fiscal year ending December 2023, which represents a year-over-year change of 142.9%.Analysts have been steadily raising their estimates for Iamgold. Over the past three months, the Zacks Consensus Estimate for the company has increased 158.6%. **Bottom Line** Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.You can learn [more about the Zacks Rank here >>>](https://www.zacks.com/education/stock-education/zacks-rank-guide) The upgrade of Iamgold to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_TALEOFTAPE_523_07042023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2116619)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_523&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2116619)[Iamgold Corporation (IAG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=IAG&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_523&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2116619)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116619/iamgold-iag-moves-to-buy-rationale-behind-the-upgrade?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2116619)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 2.60135
Stock Price 2 days before: 2.63351
Stock Price 1 day before: 2.62975
Stock Price at release: 2.69992
Risk-Free Rate at release: 0.05275
| 2.49478 |
Symbol: CMRE
Security: Costamare Inc.
Related Stocks/Topics: Markets
Title: CMRE Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 14:05:00
Article: Below is Validea's guru fundamental report for **COSTAMARE INC ([CMRE](https://www.nasdaq.com/market-activity/stocks/CMRE)))**. Of the 22 guru strategies we follow, CMRE rates highest using our [Book/Market Investor](https://www.validea.com/book-market-investor-portfolio/joseph-piotroski) model based on the published strategy of [Joseph Piotroski](https://www.validea.com/joseph-piotroski). This value-quant strategy screens for high book-to-market stocks, and then separates out financially sound firms by looking at a host of improving financial criteria. **COSTAMARE INC ([CMRE](https://www.nasdaq.com/market-activity/stocks/CMRE)))** is a small-cap value stock in the Water Transportation industry. The rating using this strategy is 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & PASS \\ \hline CHANGE IN RETURN ON ASSETS: & PASS \\ \hline CASH FLOW FROM OPERATIONS: & PASS \\ \hline CASH COMPARED TO NET INCOME: & PASS \\ \hline CHANGE IN LONG TERM DEBT/ASSETS & PASS \\ \hline CHANGE IN CURRENT RATIO: & PASS \\ \hline CHANGE IN SHARES OUTSTANDING: & PASS \\ \hline CHANGE IN GROSS MARGIN: & FAIL \\ \hline CHANGE IN ASSET TURNOVER: & PASS \\ \hline \end{table} **Detailed Analysis of COSTAMARE INC** [CMRE Guru Analysis](https://www.validea.com/guru-analysis/cmre)[CMRE Fundamental Analysis](https://www.validea.com/factor-report/cmre)**More Information on Joseph Piotroski** [Joseph Piotroski Portfolio](https://www.validea.com/joseph-piotroski)**About Joseph Piotroski**: Piotroski isn't your typical Wall Street big shot. In fact, he's not even a professional investor. He's a good old numbers-crunching accountant and college professor. But in 2000, shortly after he started teaching at the University of Chicago's Graduate School of Business, Piotroski published a groundbreaking paper in the Journal of Accounting Research entitled "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers". In it, Piotroski laid out an accounting-based stock-selection/shorting method that produced a 23 percent average annual back-tested return from 1976 through 1996 -- more than double the S&P 500's gain during that time. Piotroski's findings were reported in major financial publiations like SmartMoney. Today, he teaches accounting at Stanford University's Graduate School of Business. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Factor-Based ETF Portfolios](https://www.validea.com/etf-model-portfolios)[Harry Browne Permanent Portfolio](https://www.validea.com/permanent-portfolio)[Ray Dalio All Weather Portfolio](https://www.validea.com/all-weather-portfolio)[High Shareholder Yield Stocks](https://www.validea.com/shareholder-yield)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 12.1354
Stock Price 2 days before: 11.2169
Stock Price 1 day before: 11.2054
Stock Price at release: 24.5826
Risk-Free Rate at release: 0.05275
| 16.2145 |
Symbol: IREN
Security: Iris Energy Limited
Related Stocks/Topics: Markets
Title: IREN Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 14:05:00
Article: Below is Validea's guru fundamental report for **IRIS ENERGY LTD ([IREN](https://www.nasdaq.com/market-activity/stocks/IREN)))**. Of the 22 guru strategies we follow, IREN rates highest using our [Small-Cap Growth Investor](https://www.validea.com/small-cap-growth-investor-portfolio/motley-fool) model based on the published strategy of [Motley Fool](https://www.validea.com/motley-fool). This strategy looks for small cap growth stocks with solid fundamentals and strong price performance. **IRIS ENERGY LTD ([IREN](https://www.nasdaq.com/market-activity/stocks/IREN)))** is a small-cap value stock in the Computer Services industry. The rating using this strategy is 45% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PROFIT MARGIN: & FAIL \\ \hline RELATIVE STRENGTH: & FAIL \\ \hline COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: & FAIL \\ \hline INSIDER HOLDINGS: & PASS \\ \hline CASH FLOW FROM OPERATIONS: & FAIL \\ \hline PROFIT MARGIN CONSISTENCY: & FAIL \\ \hline R&D AS A PERCENTAGE OF SALES: & PASS \\ \hline CASH AND CASH EQUIVALENTS: & PASS \\ \hline ACCOUNTS RECEIVABLE TO SALES: & PASS \\ \hline LONG TERM DEBT/EQUITY RATIO: & PASS \\ \hline "THE FOOL RATIO" (P/E TO GROWTH): & FAIL \\ \hline AVERAGE SHARES OUTSTANDING: & PASS \\ \hline SALES: & PASS \\ \hline DAILY DOLLAR VOLUME: & PASS \\ \hline PRICE: & FAIL \\ \hline INCOME TAX PERCENTAGE: & FAIL \\ \hline \end{table} **Detailed Analysis of IRIS ENERGY LTD** [IREN Guru Analysis](https://www.validea.com/guru-analysis/iren)[IREN Fundamental Analysis](https://www.validea.com/factor-report/iren)**More Information on Motley Fool** [Motley Fool Portfolio](https://www.validea.com/motley-fool)**About Motley Fool**: Brothers David and Tom Gardner often wear funny hats in public appearances, but they're hardly fools -- at least not the kind whose advice you should readily dismiss. The Gardners are the founders of the popular Motley Fool web site, which offers frank and often irreverent commentary on investing, the stock market, and personal finance. The Gardners' "Fool" really is a multi-media endeavor, offering not only its web content but also several books written by the brothers, a weekly syndicated newspaper column, and subscription newsletter services. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Top Technology Stocks](https://www.validea.com/top-technology-stocks)[Top Large-Cap Growth Stocks](https://www.validea.com/quality-large-cap-growth-stocks)[High Momentum Stocks](https://www.validea.com/high-momentum-factor-stocks)[High Insider Ownership Stocks](https://www.validea.com/high-insider-ownership-stocks)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 4.80675
Stock Price 2 days before: 4.75224
Stock Price 1 day before: 4.75592
Stock Price at release: 5.619
Risk-Free Rate at release: 0.05275
| 6.13799 |
Symbol: MCB
Security: Metropolitan Bank Holding Corp.
Related Stocks/Topics: Markets
Title: MCB Quantitative Stock Analysis - Peter Lynch
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 14:05:00
Article: Below is Validea's guru fundamental report for **METROPOLITAN BANK HOLDING CORP ([MCB](https://www.nasdaq.com/market-activity/stocks/MCB)))**. Of the 22 guru strategies we follow, MCB rates highest using our [P/E/Growth Investor](https://www.validea.com/p-e-growth-investor-portfolio/peter-lynch) model based on the published strategy of [Peter Lynch](https://www.validea.com/peter-lynch). This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. **METROPOLITAN BANK HOLDING CORP ([MCB](https://www.nasdaq.com/market-activity/stocks/MCB)))** is a small-cap value stock in the Money Center Banks industry. The rating using this strategy is 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E/GROWTH RATIO: & PASS \\ \hline SALES AND P/E RATIO: & NEUTRAL \\ \hline EPS GROWTH RATE: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & NEUTRAL \\ \hline EQUITY/ASSETS RATIO: & PASS \\ \hline RETURN ON ASSETS: & PASS \\ \hline FREE CASH FLOW: & NEUTRAL \\ \hline NET CASH POSITION: & NEUTRAL \\ \hline \end{table} **Detailed Analysis of METROPOLITAN BANK HOLDING CORP** [MCB Guru Analysis](https://www.validea.com/guru-analysis/mcb)[MCB Fundamental Analysis](https://www.validea.com/factor-report/mcb)**More Information on Peter Lynch** [Peter Lynch Portfolio](https://www.validea.com/peter-lynch)[Top Peter Lynch Stocks](https://www.validea.com/peter-lynch-stocks)**About Peter Lynch**: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts. **Additional Research Links** [Top Financial Stocks](https://www.validea.com/top-financial-stocks)[Dividend Aristocrats2023](https://www.validea.com/dividend-aristocrats)[Wide Moat Stocks2023](https://www.validea.com/wide-moat-stocks-buffett)[Cheapest Value Stocks2023](https://www.validea.com/cheapest-stocks-value-factor-composite)[Factor-Based Stock Portfolios](https://www.validea.com/portfolios)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 35.8611
Stock Price 2 days before: 34.6162
Stock Price 1 day before: 34.6745
Stock Price at release: 35.3216
Risk-Free Rate at release: 0.05275
| 45.7033 |
Symbol: DRH
Security: DiamondRock Hospitality Company
Related Stocks/Topics: Markets
Title: DRH Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 14:05:00
Article: Below is Validea's guru fundamental report for **DIAMONDROCK HOSPITALITY CO ([DRH](https://www.nasdaq.com/market-activity/stocks/DRH)))**. Of the 22 guru strategies we follow, DRH rates highest using our [Shareholder Yield Investor](https://www.validea.com/shareholder-yield-investor-portfolio/meb-faber) model based on the published strategy of [Meb Faber](https://www.validea.com/meb-faber). This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. **DIAMONDROCK HOSPITALITY CO ([DRH](https://www.nasdaq.com/market-activity/stocks/DRH)))** is a small-cap growth stock in the Real Estate Operations industry. The rating using this strategy is 50% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline UNIVERSE: & PASS \\ \hline NET PAYOUT YIELD: & FAIL \\ \hline QUALITY AND DEBT: & PASS \\ \hline VALUATION: & PASS \\ \hline RELATIVE STRENGTH: & PASS \\ \hline SHAREHOLDER YIELD: & FAIL \\ \hline \end{table} **Detailed Analysis of DIAMONDROCK HOSPITALITY CO** [DRH Guru Analysis](https://www.validea.com/guru-analysis/drh)[DRH Fundamental Analysis](https://www.validea.com/factor-report/drh)**More Information on Meb Faber** [Meb Faber Portfolio](https://www.validea.com/meb-faber)**About Meb Faber**: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book "Shareholder Yield" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Factor-Based ETF Portfolios](https://www.validea.com/etf-model-portfolios)[Harry Browne Permanent Portfolio](https://www.validea.com/permanent-portfolio)[Ray Dalio All Weather Portfolio](https://www.validea.com/all-weather-portfolio)[High Shareholder Yield Stocks](https://www.validea.com/shareholder-yield)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 8.0493
Stock Price 2 days before: 13.3844
Stock Price 1 day before: 8.0192
Stock Price at release: 24.6685
Risk-Free Rate at release: 0.05275
| 18.6452 |
Symbol: ZLAB
Security: Zai Lab Limited
Related Stocks/Topics: Unknown
Title: ZLAB Quantitative Stock Analysis - Benjamin Graham
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 14:05:00
Article: Below is Validea's guru fundamental report for **ZAI LAB LTD - ADR ([ZLAB](https://www.nasdaq.com/market-activity/stocks/ZLAB)))**. Of the 22 guru strategies we follow, ZLAB rates highest using our [Value Investor](https://www.validea.com/value-investor-portfolio/benjamin-graham) model based on the published strategy of [Benjamin Graham](https://www.validea.com/benjamin-graham). This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth. **ZAI LAB LTD - ADR ([ZLAB](https://www.nasdaq.com/market-activity/stocks/ZLAB)))** is a mid-cap value stock in the Biotechnology & Drugs industry. The rating using this strategy is 43% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & FAIL \\ \hline CURRENT RATIO: & PASS \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/BOOK RATIO: & FAIL \\ \hline \end{table} **Detailed Analysis of ZAI LAB LTD - ADR** [ZLAB Guru Analysis](https://www.validea.com/guru-analysis/zlab)[ZLAB Fundamental Analysis](https://www.validea.com/factor-report/zlab)**More Information on Benjamin Graham** [Benjamin Graham Portfolio](https://www.validea.com/benjamin-graham)[Top Benjamin Graham Stocks](https://www.validea.com/benjamin-graham-stocks)**About Benjamin Graham**: The late Benjamin Graham may be the oldest of the gurus we follow, but his impact on the investing world has lasted for decades after his death in 1976. Known as both the "Father of Value Investing" and the founder of the entire field of security analysis, Graham mentored several of history's greatest investors -- including Warren Buffett -- and inspired a slew of others, including John Templeton, Mario Gabelli, and another of Validea's gurus, John Neff. Graham built his fortune and reputation after living through some extremely difficult times, including both the Great Depression and his own family's financial woes following his father's death when Benjamin was a young man. His investment firm posted per annum returns of about 20 percent from 1936 to 1956, far outpacing the 12.2 percent average return for the market during that time. **Additional Research Links** [Top Healthcare Stocks](https://www.validea.com/top-healthcare-stocks)[Dividend Aristocrats2023](https://www.validea.com/dividend-aristocrats)[Wide Moat Stocks2023](https://www.validea.com/wide-moat-stocks-buffett)[High Insider Ownership Stocks](https://www.validea.com/high-insider-ownership-stocks)[Factor-Based Stock Portfolios](https://www.validea.com/portfolios)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 26.5061
Stock Price 2 days before: 28.5353
Stock Price 1 day before: 28.6488
Stock Price at release: 29.0112
Risk-Free Rate at release: 0.05275
| 27.5489 |
Symbol: PSFE
Security: Paysafe Limited
Related Stocks/Topics: Stocks|V|FIS|WEX
Title: Here's Why You Should Hold on to Fidelity National (FIS) Stock
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 14:14:00
Article: **Fidelity National Information Services, Inc.** [FIS](https://www.nasdaq.com/market-activity/stocks/fis) is well-poised to grow on the back of its Future Forward initiative, rising demand for digital payment solutions, a healthy product portfolio and modernization efforts. The growing global e-commerce market holds tremendous opportunity for the company.Fidelity National — with a market cap of $34.4 billion — provides banking and payments technology solutions, processing services and information-based services to the financial services industry. Courtesy of solid prospects, this stock is worth holding on to at the moment. **Zacks Rank & Price Performance** FIS currently carries a Zacks Rank #3 (Hold). In the past three months, the stock has gained 8% compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/financial-transaction-services-282)’s growth of 5.6%.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/0f/46251.jpg?v=1522587753) Image Source: Zacks Investment Research**2024 Estimates & Surprise History** The Zacks Consensus Estimate for FIS’ 2024 earnings is pegged at $6.52 per share, indicating a 9.5% increase from the year-ago estimated figure on 3.4% higher revenues of $15 billion.The company's earnings beat estimates in three of the last four quarters and missed the mark once, delivering an average surprise of 2.3%. **Growth Drivers** Fidelity National is benefiting from strong recurring revenue growth across all its segments. Strong execution and improving accounts should continue to fuel top-line growth in the Banking Segment. The company expects banking organic revenues to grow between 0% and 2% in 2023. Moreover, the recent banking uncertainty is boding well for FIS, leading to growth in accounts on file serviced on its platforms and hence rising banking revenues. The company continued to benefit from increasing Capital Market revenues in the first quarter of 2023. It expects revenues in this segment to grow in the range of 4-6% in 2023. The company’s continued investments in emerging platforms like artificial intelligence and blockchain technology should continue to add value to its services.The company focuses on top-tier strategic partnerships and future-proof underlying technologies to grow its operations. The company’s growing footprint in the crypto market is praiseworthy. It has partnered with cryptocurrency platforms like Crypto.com and OKCoin to support their respective global expansions. Further, its partnership with bitcoin-focused financial services and technology provider NYDIG is likely to increase traffic to its Digital One Mobile application.Fidelity National often undertakes shareholder value-boosting measures. In the first quarter, the company returned $300 million to shareholders in the form of dividends. The company aims to maintain 35% dividend payout ratio in 2023 and expects to achieve targeted annual dividend growth parallel with adjusted net earnings growth. It has a [dividend](https://www.zacks.com/stock/research/FIS/dividend-history) yield of 3.6%, higher than the industry’s average of 0.7%.The company does not move away from shedding non-core assets to boost efficiency and profitability. Currently, it has plans to opt for a tax-free spin-off of its Merchant Solutions business. This is expected to complete by early 2024.FIS’s valuation seems cheaper than the industry at the current level. Looking at its 12-month forward price-to-earnings multiple, investors might want to pay a higher premium. FIS currently has a ratio of 9.3X, much lower than the industry’s average of 21.3X. **Key Concerns** There are a few factors that are impeding the stock’s growth lately.Increasing costs are dampening its profits. Selling, general and administrative expenses witnessed a CAGR of 26% over the last five years that ended in 2022. The growing costs due to a multi-year modernization of platforms and applications are anticipated to keep its margins under pressure. Nevertheless, we believe that a systematic and strategic plan of action bodes well for the long run. **Stocks to Consider** Some better-ranked stocks in the Financial Transaction Services space are **WEX Inc.** [WEX](https://www.nasdaq.com/market-activity/stocks/wex), **Visa Inc.** [V](https://www.nasdaq.com/market-activity/stocks/v) and **Paysafe Limited** [PSFE](https://www.nasdaq.com/market-activity/stocks/psfe). Each of these companies presently carries a Zacks Rank #2 (Buy). You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) [.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) The Zacks Consensus Estimate for WEX’s 2023 earnings indicates a 3.8% increase from the prior-year reported number. Also, the consensus mark for 2023 revenues indicates 5.8% growth. WEX’s earnings beat estimates in each of the last four quarters, the average surprise being 5.4%.The Zacks Consensus Estimate for Visa’s 2023 earnings indicates a 14.4% increase from the prior-year reported number. Also, the consensus mark for 2023 revenues indicates 11% growth. V’s earnings beat estimates in each of the last four quarters, the average surprise being 8%. The Zacks Consensus Estimate for Paysafe’s 2023 earnings is pegged at $2.2 per share, which witnessed one upward estimate revision over the past 60 days against none in the opposite direction. PSFE’s earnings beat estimates in three of the last four quarters and missed once, the average surprise being 190.5%. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_283_07042023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116663)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116663)[Visa Inc. (V) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=V&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116663)[Fidelity National Information Services, Inc. (FIS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=FIS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116663) [WEX Inc. (WEX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=WEX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116663)[Paysafe Limited (PSFE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=PSFE&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116663)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116663/here-s-why-you-should-hold-on-to-fidelity-national-fis-stock?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116663)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 10.1385
Stock Price 2 days before: 9.80418
Stock Price 1 day before: 10.2729
Stock Price at release: 0.516575
Risk-Free Rate at release: 0.05275
| 11.8124 |
Symbol: HTLD
Security: Heartland Express, Inc.
Related Stocks/Topics: Markets|TBI|ACCO|ODFL|ASTE
Title: Validea's Top 5 Industrial Stocks Based On Benjamin Graham - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [Value Investor](https://www.validea.com/value-investor-portfolio/benjamin-graham) model based on the published strategy of [Benjamin Graham](https://www.validea.com/benjamin-graham). This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth. **HEARTLAND EXPRESS, INC. ([HTLD](https://www.nasdaq.com/market-activity/stocks/HTLD)))** is a small-cap value stock in the Trucking industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Heartland Express, Inc. is a holding company. The Company, through its subsidiaries, is engaged in short, medium, and long-haul truckload carrier and transportation services. The Company provides truckload services across the United States, Mexico, and parts of Canada. These truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offer truckload temperature-controlled transportation services and Mexico logistics services. Its primary customers include retailers, manufacturers and parcel carriers. Its over-the-road tractors are equipped with mobile communication systems. It operates approximately 33 terminal facilities throughout the United States and one in Mexico. The Company's subsidiaries include Heartland Express, Inc. of Iowa, Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc., Midwest Holding Group, LLC, Millis Transfer, LLC, Smith Transport, Inc., Smith Trucking, Inc. and others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & FAIL \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of HEARTLAND EXPRESS, INC.[HTLD Guru Analysis](https://www.validea.com/guru-analysis/htld)[HTLD Fundamental Analysis](https://www.validea.com/factor-report/htld)**TRUEBLUE INC ([TBI](https://www.nasdaq.com/market-activity/stocks/TBI)))** is a small-cap value stock in the Business Services industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**TrueBlue, Inc. is a provider of specialized workforce solutions. It operates through three segments: PeopleReady, PeopleManagement and PeopleScout. The PeopleReady segment offers general, industrial and skilled trade staffing throughout the United States of America (U.S.), Canada and Puerto Rico. The Company serves a range of industries that include construction, transportation, manufacturing, retail, hospitality, and renewable energy. The PeopleScout segment offers recruitment process outsourcing (RPO), talent advisory services and managed service provider (MSP) solutions to a variety of industries, primarily in the U.S., Canada, the United Kingdom and Australia. It tailors its services based on individual client needs, including sourcing, screening, hiring and onboarding, to improve the candidate experience and regulatory compliance. The PeopleManagement segment offers contingent, on-site industrial staffing and commercial driver services throughout the U.S., Canada and Puerto Rico. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of TRUEBLUE INC [TBI Guru Analysis](https://www.validea.com/guru-analysis/tbi)[TBI Fundamental Analysis](https://www.validea.com/factor-report/tbi)**ACCO BRANDS CORP ([ACCO](https://www.nasdaq.com/market-activity/stocks/ACCO)))** is a small-cap value stock in the Office Supplies industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**ACCO Brands Corporation is a global consumer, technology and business-branded products company. The Company's segments include ACCO Brands North America, ACCO Brands EMEA and ACCO Brands International. The Company is focused on each business segment that designs, markets, sources, manufactures, and sells recognized consumer, technology and business-branded products used in schools, homes and at work. The Company's product categories include gaming and computer accessories, storage and organization, notebooks, shredding, laminating and binding machines, stapling, punching, planners, dry-erase boards, and do-it-yourself tools, among others. The Company's primary brands include PowerA, Five Star, AT-A-GLANCE, Quartet, Kensington, Swingline, GBC, Mead, Hilroy, Leitz, Rapid, Esselte, Rexel, NOBO, Derwent, Tilibra, Marbig, Foroni, Barrilito, Artline and Spirax. The Company's products are sold primarily in the United States, Europe, Australia, Canada, Brazil and Mexico.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of ACCO BRANDS CORP [ACCO Guru Analysis](https://www.validea.com/guru-analysis/acco)[ACCO Fundamental Analysis](https://www.validea.com/factor-report/acco)**OLD DOMINION FREIGHT LINE INC ([ODFL](https://www.nasdaq.com/market-activity/stocks/ODFL)))** is a large-cap growth stock in the Trucking industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Old Dominion Freight Line, Inc. is a North American less-than-truckload (LTL) motor carriers. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings include expedited transportation, which is provided through a network of service centers located throughout the continental United States. It offers a range of value-added services including container drayage, truckload brokerage, and supply chain consulting. It operates approximately 255 service center locations, of which the Company owns 231 and leases 24. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its system offers its customers access to information such as freight tracking, shipping documents, rate quotes, rate databases, and account activity. These centralized systems and its customer service department provide its customers with a single point of contact to access information.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/BOOK RATIO: & FAIL \\ \hline \end{table} Detailed Analysis of OLD DOMINION FREIGHT LINE INC [ODFL Guru Analysis](https://www.validea.com/guru-analysis/odfl)[ODFL Fundamental Analysis](https://www.validea.com/factor-report/odfl)**ASTEC INDUSTRIES, INC. ([ASTE](https://www.nasdaq.com/market-activity/stocks/ASTE)))** is a small-cap growth stock in the Constr. & Agric. Machinery industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities. The Company operates through two segments: Infrastructure Solutions and Materials Solutions. Infrastructure Solutions segment designs, engineers, manufactures and markets a complete line of asphalt plants, concrete plants and their related components and ancillary equipment, as well as supplying asphalt road construction equipment, industrial thermal systems and other heavy equipment. Materials Solutions segment designs and manufactures heavy processing equipment, in addition to servicing and supplying parts for the aggregate, metallic mining, recycling, ports and bulk handling markets. The Company's products are marketed both domestically and internationally primarily to asphalt producers; highway and heavy equipment contractors; utility contractors; construction, demolition, recycle and crushing contractors, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & PASS \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/BOOK RATIO: & FAIL \\ \hline \end{table} Detailed Analysis of ASTEC INDUSTRIES, INC.[ASTE Guru Analysis](https://www.validea.com/guru-analysis/aste)[ASTE Fundamental Analysis](https://www.validea.com/factor-report/aste)[Benjamin Graham Portfolio](https://www.validea.com/benjamin-graham)[Top Benjamin Graham Stocks](https://www.validea.com/benjamin-graham-stocks)**About Benjamin Graham**: The late Benjamin Graham may be the oldest of the gurus we follow, but his impact on the investing world has lasted for decades after his death in 1976. Known as both the "Father of Value Investing" and the founder of the entire field of security analysis, Graham mentored several of history's greatest investors -- including Warren Buffett -- and inspired a slew of others, including John Templeton, Mario Gabelli, and another of Validea's gurus, John Neff. Graham built his fortune and reputation after living through some extremely difficult times, including both the Great Depression and his own family's financial woes following his father's death when Benjamin was a young man. His investment firm posted per annum returns of about 20 percent from 1936 to 1956, far outpacing the 12.2 percent average return for the market during that time. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 16.4695
Stock Price 2 days before: 16.329
Stock Price 1 day before: 16.3143
Stock Price at release: 16.4849
Risk-Free Rate at release: 0.05275
| 15.7524 |
Symbol: NKLA
Security: Nikola Corporation
Related Stocks/Topics: CVLG|Markets|PYCR|OTIS|CARR
Title: Validea's Top 5 Industrial Stocks Based On Peter Lynch - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [P/E/Growth Investor](https://www.validea.com/p-e-growth-investor-portfolio/peter-lynch) model based on the published strategy of [Peter Lynch](https://www.validea.com/peter-lynch). This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. **COVENANT LOGISTICS GROUP INC ([CVLG](https://www.nasdaq.com/market-activity/stocks/CVLG)))** is a small-cap value stock in the Trucking industry. The rating according to our strategy based on Peter Lynch is 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. The Company's primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. Its asset-based transportation services include two segments: Expedited and Dedicated, both of which transport full trailer loads of freight from origin to destination. Its Expedited segment transports freight over nonroutine routes. Its Dedicated segment provides similar transportation services but does so pursuant to agreements whereby the Company makes its equipment available to a specific customer for shipments over particular routes at specified times. It also offers non-asset based or asset light logistics services through its Managed Freight segment. It offers day-to-day warehouse management services through its Warehousing segment.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E/GROWTH RATIO: & PASS \\ \hline SALES AND P/E RATIO: & PASS \\ \hline INVENTORY TO SALES: & PASS \\ \hline EPS GROWTH RATE: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline FREE CASH FLOW: & NEUTRAL \\ \hline NET CASH POSITION: & NEUTRAL \\ \hline \end{table} Detailed Analysis of COVENANT LOGISTICS GROUP INC [CVLG Guru Analysis](https://www.validea.com/guru-analysis/cvlg)[CVLG Fundamental Analysis](https://www.validea.com/factor-report/cvlg)**PAYCOR HCM INC ([PYCR](https://www.nasdaq.com/market-activity/stocks/PYCR)))** is a mid-cap value stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Paycor HCM, Inc. is a provider of human capital management (HCM) software in the United States. The Company offers solutions, such as payroll, human resources (HR) services, talent management, workforce management, benefits administration, reporting and analytics, and other payroll-related services. Its services are generally provided in a Software-as-a-Service (SaaS) delivery model utilizing a cloud-based platform. The Company's solutions target small and medium-sized businesses. The Company's HCM solution automates routine management tasks so frontline leaders can focus on the key elements that drive business performance and employee engagement, such as goal setting, coaching and talent development. The Company's comprehensive suite of solutions enables organizations to streamline administrative workflows and achieve regulatory compliance while serving as the single, secure system of record for employee data. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of PAYCOR HCM INC [PYCR Guru Analysis](https://www.validea.com/guru-analysis/pycr)[PYCR Fundamental Analysis](https://www.validea.com/factor-report/pycr)**OTIS WORLDWIDE CORP ([OTIS](https://www.nasdaq.com/market-activity/stocks/OTIS)))** is a large-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Otis Worldwide Corporation is an elevator and escalator manufacturing, installation, and service company. It serves customers in over 200 countries and territories. It operates in two segments: New Equipment and Service. Through its New Equipment segment, it designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways to customers in residential and commercial buildings, and infrastructure projects. The Company sells its New Equipment units directly to customers, as well as through agents and distributors globally. Through its Service segment, the Company performs maintenance and repair services for both its products and those of other manufacturers and provides services to upgrade elevators and escalators. It provides Otis ONE, an Internet of Things (IoT) based solution to connect elevators to OtisLine. Otis also offers a range of passenger experience enhancements, such as eView and Otis eCall.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline INVENTORY TO SALES: & PASS \\ \hline YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: & FAIL \\ \hline EARNINGS PER SHARE: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & FAIL \\ \hline FREE CASH FLOW: & NEUTRAL \\ \hline NET CASH POSITION: & NEUTRAL \\ \hline \end{table} Detailed Analysis of OTIS WORLDWIDE CORP [OTIS Guru Analysis](https://www.validea.com/guru-analysis/otis)[OTIS Fundamental Analysis](https://www.validea.com/factor-report/otis)**CARRIER GLOBAL CORP ([CARR](https://www.nasdaq.com/market-activity/stocks/CARR)))** is a large-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Carrier Global Corp is a provider of heating, ventilation, and air conditioning (HVAC), refrigeration, fire, security and building automation technologies. It operates through three segments: HVAC; Refrigeration; and Fire & Security. The HVAC segment provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers. The Refrigeration segment includes transport refrigeration and monitoring products, services and digital solutions for trucks, trailers, shipping containers, intermodal and rail, as well as commercial refrigeration products. Its commercial refrigeration equipment solutions preserve freshness of retail food and beverage. Its Fire & Security segment provides a range of residential, commercial and industrial technologies designed to help protect people and property. Its products include fire, flame, gas, smoke and carbon monoxide detection, fire extinguishers, intruder alarms, and electronic controls.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline INVENTORY TO SALES: & PASS \\ \hline YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: & FAIL \\ \hline EARNINGS PER SHARE: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & FAIL \\ \hline FREE CASH FLOW: & NEUTRAL \\ \hline NET CASH POSITION: & NEUTRAL \\ \hline \end{table} Detailed Analysis of CARRIER GLOBAL CORP [CARR Guru Analysis](https://www.validea.com/guru-analysis/carr)[CARR Fundamental Analysis](https://www.validea.com/factor-report/carr)**NIKOLA CORP ([NKLA](https://www.nasdaq.com/market-activity/stocks/NKLA)))** is a small-cap growth stock in the Auto & Truck Manufacturers industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Nikola Corporation is a designer and manufacturer of heavy-duty commercial battery-electric (BEV) and hydrogen-electric vehicles (FCEV) and energy infrastructure solutions. The Company is also a technology integrator that is engaged in developing energy and transportation solutions. It operates through two business units: Truck and Energy. The Truck business unit is engaged in developing and commercializing battery-electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV), class 8 trucks that provide solutions to the short-haul, medium-haul, and long-haul trucking sectors. The Energy business unit is focused on developing and constructing a hydrogen fueling ecosystem and providing BEV charging support to meet anticipated fuel demand for its FCEV and BEV customers, as well as other third-party customers. The Company's principal vehicle offerings include Nikola Tre BEV and Nikola Tre FCEV.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of NIKOLA CORP [NKLA Guru Analysis](https://www.validea.com/guru-analysis/nkla)[NKLA Fundamental Analysis](https://www.validea.com/factor-report/nkla)[Peter Lynch Portfolio](https://www.validea.com/peter-lynch)[Top Peter Lynch Stocks](https://www.validea.com/peter-lynch-stocks)**About Peter Lynch**: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 1.27264
Stock Price 2 days before: 1.38625
Stock Price 1 day before: 1.38647
Stock Price at release: 1.42177
Risk-Free Rate at release: 0.05275
| 2.9532 |
Symbol: CVLG
Security: Covenant Logistics Group, Inc.
Related Stocks/Topics: Markets|PYCR|OTIS|CARR|NKLA
Title: Validea's Top 5 Industrial Stocks Based On Peter Lynch - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [P/E/Growth Investor](https://www.validea.com/p-e-growth-investor-portfolio/peter-lynch) model based on the published strategy of [Peter Lynch](https://www.validea.com/peter-lynch). This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. **COVENANT LOGISTICS GROUP INC ([CVLG](https://www.nasdaq.com/market-activity/stocks/CVLG)))** is a small-cap value stock in the Trucking industry. The rating according to our strategy based on Peter Lynch is 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. The Company's primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. Its asset-based transportation services include two segments: Expedited and Dedicated, both of which transport full trailer loads of freight from origin to destination. Its Expedited segment transports freight over nonroutine routes. Its Dedicated segment provides similar transportation services but does so pursuant to agreements whereby the Company makes its equipment available to a specific customer for shipments over particular routes at specified times. It also offers non-asset based or asset light logistics services through its Managed Freight segment. It offers day-to-day warehouse management services through its Warehousing segment.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E/GROWTH RATIO: & PASS \\ \hline SALES AND P/E RATIO: & PASS \\ \hline INVENTORY TO SALES: & PASS \\ \hline EPS GROWTH RATE: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline FREE CASH FLOW: & NEUTRAL \\ \hline NET CASH POSITION: & NEUTRAL \\ \hline \end{table} Detailed Analysis of COVENANT LOGISTICS GROUP INC [CVLG Guru Analysis](https://www.validea.com/guru-analysis/cvlg)[CVLG Fundamental Analysis](https://www.validea.com/factor-report/cvlg)**PAYCOR HCM INC ([PYCR](https://www.nasdaq.com/market-activity/stocks/PYCR)))** is a mid-cap value stock in the Software & Programming industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Paycor HCM, Inc. is a provider of human capital management (HCM) software in the United States. The Company offers solutions, such as payroll, human resources (HR) services, talent management, workforce management, benefits administration, reporting and analytics, and other payroll-related services. Its services are generally provided in a Software-as-a-Service (SaaS) delivery model utilizing a cloud-based platform. The Company's solutions target small and medium-sized businesses. The Company's HCM solution automates routine management tasks so frontline leaders can focus on the key elements that drive business performance and employee engagement, such as goal setting, coaching and talent development. The Company's comprehensive suite of solutions enables organizations to streamline administrative workflows and achieve regulatory compliance while serving as the single, secure system of record for employee data. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of PAYCOR HCM INC [PYCR Guru Analysis](https://www.validea.com/guru-analysis/pycr)[PYCR Fundamental Analysis](https://www.validea.com/factor-report/pycr)**OTIS WORLDWIDE CORP ([OTIS](https://www.nasdaq.com/market-activity/stocks/OTIS)))** is a large-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Otis Worldwide Corporation is an elevator and escalator manufacturing, installation, and service company. It serves customers in over 200 countries and territories. It operates in two segments: New Equipment and Service. Through its New Equipment segment, it designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways to customers in residential and commercial buildings, and infrastructure projects. The Company sells its New Equipment units directly to customers, as well as through agents and distributors globally. Through its Service segment, the Company performs maintenance and repair services for both its products and those of other manufacturers and provides services to upgrade elevators and escalators. It provides Otis ONE, an Internet of Things (IoT) based solution to connect elevators to OtisLine. Otis also offers a range of passenger experience enhancements, such as eView and Otis eCall.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline INVENTORY TO SALES: & PASS \\ \hline YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: & FAIL \\ \hline EARNINGS PER SHARE: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & FAIL \\ \hline FREE CASH FLOW: & NEUTRAL \\ \hline NET CASH POSITION: & NEUTRAL \\ \hline \end{table} Detailed Analysis of OTIS WORLDWIDE CORP [OTIS Guru Analysis](https://www.validea.com/guru-analysis/otis)[OTIS Fundamental Analysis](https://www.validea.com/factor-report/otis)**CARRIER GLOBAL CORP ([CARR](https://www.nasdaq.com/market-activity/stocks/CARR)))** is a large-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Carrier Global Corp is a provider of heating, ventilation, and air conditioning (HVAC), refrigeration, fire, security and building automation technologies. It operates through three segments: HVAC; Refrigeration; and Fire & Security. The HVAC segment provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers. The Refrigeration segment includes transport refrigeration and monitoring products, services and digital solutions for trucks, trailers, shipping containers, intermodal and rail, as well as commercial refrigeration products. Its commercial refrigeration equipment solutions preserve freshness of retail food and beverage. Its Fire & Security segment provides a range of residential, commercial and industrial technologies designed to help protect people and property. Its products include fire, flame, gas, smoke and carbon monoxide detection, fire extinguishers, intruder alarms, and electronic controls.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline INVENTORY TO SALES: & PASS \\ \hline YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: & FAIL \\ \hline EARNINGS PER SHARE: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & FAIL \\ \hline FREE CASH FLOW: & NEUTRAL \\ \hline NET CASH POSITION: & NEUTRAL \\ \hline \end{table} Detailed Analysis of CARRIER GLOBAL CORP [CARR Guru Analysis](https://www.validea.com/guru-analysis/carr)[CARR Fundamental Analysis](https://www.validea.com/factor-report/carr)**NIKOLA CORP ([NKLA](https://www.nasdaq.com/market-activity/stocks/NKLA)))** is a small-cap growth stock in the Auto & Truck Manufacturers industry. The rating according to our strategy based on Peter Lynch is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Nikola Corporation is a designer and manufacturer of heavy-duty commercial battery-electric (BEV) and hydrogen-electric vehicles (FCEV) and energy infrastructure solutions. The Company is also a technology integrator that is engaged in developing energy and transportation solutions. It operates through two business units: Truck and Energy. The Truck business unit is engaged in developing and commercializing battery-electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV), class 8 trucks that provide solutions to the short-haul, medium-haul, and long-haul trucking sectors. The Energy business unit is focused on developing and constructing a hydrogen fueling ecosystem and providing BEV charging support to meet anticipated fuel demand for its FCEV and BEV customers, as well as other third-party customers. The Company's principal vehicle offerings include Nikola Tre BEV and Nikola Tre FCEV.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of NIKOLA CORP [NKLA Guru Analysis](https://www.validea.com/guru-analysis/nkla)[NKLA Fundamental Analysis](https://www.validea.com/factor-report/nkla)[Peter Lynch Portfolio](https://www.validea.com/peter-lynch)[Top Peter Lynch Stocks](https://www.validea.com/peter-lynch-stocks)**About Peter Lynch**: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 44.6836
Stock Price 2 days before: 43.8026
Stock Price 1 day before: 43.8694
Stock Price at release: 44.7966
Risk-Free Rate at release: 0.05275
| 55.5723 |
Symbol: REVG
Security: REV Group, Inc.
Related Stocks/Topics: XYL|Markets|STN|URI|LHX
Title: Validea's Top 5 Industrial Stocks Based On Martin Zweig - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [Growth Investor](https://www.validea.com/growth-investor-portfolio/martin-zweig) model based on the published strategy of [Martin Zweig](https://www.validea.com/martin-zweig). This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt. **XYLEM INC ([XYL](https://www.nasdaq.com/market-activity/stocks/XYL)))** is a large-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Martin Zweig is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Xylem Inc. is a water technology company, which designs, manufactures and services highly engineered products and solutions across a range of critical applications, primarily in the water sector, as well as in energy. The Company operates through three segments. The Water Infrastructure segment primarily supports the process that collects water from a source, treats it and distributes it to users, and then treats and returns the wastewater responsibly to the environment through two closely linked applications: Transport and Treatment. The Applied Water segment encompasses the use of water to serve the commercial, residential and industrial end markets. The Measurement & Control Solutions segment develops advanced technology solutions that enable the intelligent use and conservation of critical water and energy resources. The segment delivers communications, smart metering, measurement and control capabilities and critical infrastructure technologies.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & FAIL \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & PASS \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & PASS \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & PASS \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of XYLEM INC [XYL Guru Analysis](https://www.validea.com/guru-analysis/xyl)[XYL Fundamental Analysis](https://www.validea.com/factor-report/xyl)**STANTEC INC (USA) ([STN](https://www.nasdaq.com/market-activity/stocks/STN)))** is a mid-cap growth stock in the Construction Services industry. The rating according to our strategy based on Martin Zweig is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Stantec Inc. is a provider of comprehensive professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company's segments are Canada, United States, and Global. The segments provide professional consulting in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics services in the area of infrastructure and facilities. The Company's services include engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics, from initial project concept and planning through to design, construction administration, commissioning, maintenance, decommissioning, and remediation. The Company provides its professional services throughout North America and globally. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & PASS \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & FAIL \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & PASS \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & PASS \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & FAIL \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of STANTEC INC (USA)[STN Guru Analysis](https://www.validea.com/guru-analysis/stn)[STN Fundamental Analysis](https://www.validea.com/factor-report/stn)**UNITED RENTALS, INC. ([URI](https://www.nasdaq.com/market-activity/stocks/URI)))** is a large-cap value stock in the Rental & Leasing industry. The rating according to our strategy based on Martin Zweig is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**United Rentals, Inc. is an equipment rental company. The Company operates through two segments: general rentals and specialty. The general rentals segment includes the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities. The general rentals segment's customers include construction and industrial companies, manufacturers, utilities, municipalities and homeowners. The Company's specialty segment includes the rental of specialty construction products, such as trench safety equipment; power and heating, ventilation, and air conditioning (HVAC) equipment; fluid solutions equipment, and mobile storage equipment and modular office space. The specialty segment's customers include construction companies engaged in infrastructure projects, municipalities and industrial companies. It operates throughout the United States, Canada, Europe, Australia and New Zealand. Its subsidiary is United Rentals (North America), Inc.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & PASS \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & PASS \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of UNITED RENTALS, INC.[URI Guru Analysis](https://www.validea.com/guru-analysis/uri)[URI Fundamental Analysis](https://www.validea.com/factor-report/uri)**REV GROUP INC ([REVG](https://www.nasdaq.com/market-activity/stocks/REVG)))** is a small-cap growth stock in the Auto & Truck Manufacturers industry. The rating according to our strategy based on Martin Zweig is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**REV Group, Inc. is engaged in designing, manufacturing, and distributing specialty vehicles and related aftermarket parts and services. The Company operates through three segments: Fire & Emergency, Commercial, and Recreation. Its Fire & Emergency segment sells fire apparatus equipment under the E-ONE, Kovatch Mobile Equipment (KME), Ferrara and Spartan Emergency Response which consists of Spartan Emergency Response, Smeal, Spartan Fire Chassis, and Ladder Tower brands, and ambulances under the American Emergency Vehicles (AEV), Horton Emergency Vehicles (Horton), Leader Emergency Vehicles (Leader), Road Rescue and Wheeled Coach brands. Its Commercial segment is a producer of small Type A school buses, transit buses, terminal trucks and sweepers in the United States. Its Recreation segment serves the RV market through principal brands, such as American Coach, Fleetwood RV, Holiday Rambler, Renegade RV, Midwest Automotive Designs and Lance Camper.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & PASS \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & FAIL \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & FAIL \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & PASS \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & PASS \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of REV GROUP INC [REVG Guru Analysis](https://www.validea.com/guru-analysis/revg)[REVG Fundamental Analysis](https://www.validea.com/factor-report/revg)**L3HARRIS TECHNOLOGIES INC ([LHX](https://www.nasdaq.com/market-activity/stocks/LHX)))** is a large-cap growth stock in the Communications Equipment industry. The rating according to our strategy based on Martin Zweig is 58% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**L3Harris Technologies Inc. is a global aerospace and defense technology company. The Company operates through three segments. The Integrated Mission Systems segment includes multi-mission intelligence, surveillance and reconnaissance systems; integrated electrical and electronic systems for maritime platforms; advanced electro-optical and infrared solutions; fuzing and ordnance systems; commercial aviation products, and commercial pilot training operations. The Space & Airborne Systems segment includes space payloads, sensors and full-mission solutions; classified intelligence and cyber; avionics; electronic warfare, and mission networks for air traffic management operations. The Communication Systems segment includes tactical communications with global communications solutions; broadband communications; integrated vision solutions; and public safety radios, system applications and equipment. The Company is also engaged in the Link 16 Tactical Data Links (TDL) business.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & PASS \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & PASS \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} Detailed Analysis of L3HARRIS TECHNOLOGIES INC [LHX Guru Analysis](https://www.validea.com/guru-analysis/lhx)[LHX Fundamental Analysis](https://www.validea.com/factor-report/lhx)[Martin Zweig Portfolio](https://www.validea.com/martin-zweig)**About Martin Zweig**: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 13.3567
Stock Price 2 days before: 13.2097
Stock Price 1 day before: 13.2028
Stock Price at release: 13.2816
Risk-Free Rate at release: 0.05275
| 13.6758 |
Symbol: ATRO
Security: Astronics Corporation
Related Stocks/Topics: HCCI|Markets|DDD|UNP|FC
Title: Validea's Top 5 Industrial Stocks Based On Joel Greenblatt - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [Earnings Yield Investor](https://www.validea.com/earnings-yield-investor-portfolio/joel-greenblatt) model based on the published strategy of [Joel Greenblatt](https://www.validea.com/joel-greenblatt). This value model looks for companies with high return on capital and earnings yields. **HERITAGE-CRYSTAL CLEAN, INC. ([HCCI](https://www.nasdaq.com/market-activity/stocks/HCCI)))** is a small-cap value stock in the Waste Management Services industry. The rating according to our strategy based on Joel Greenblatt is 10% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Heritage-Crystal Clean, Inc. provides parts cleaning, used oil re-refining, hazardous and non-hazardous waste disposal, emergency and spill response, and industrial and field services. The Company's segments include Environmental Services, Oil Business, and Industrial and Field Services. Environmental Services consists of the Company's parts cleaning, containerized hazardous and non-hazardous waste collection and hazardous waste disposal, wastewater vacuum, and antifreeze recycling activities. Oil Business consists of the Company's used oil collection, recycled fuel oil sales, used oil re-refining activities, and used oil filter removal and disposal services. It is engaged in the sale of re-refined base oil, re-refinery co-products, and recycled fuel oil. Industrial and Field Services consist of the Company's industrial and field services and non-hazardous waste processing and include industrial and field services, emergency and spill response and processing of non-hazardous waste.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS YIELD: & NEUTRAL \\ \hline RETURN ON TANGIBLE CAPITAL: & NEUTRAL \\ \hline FINAL RANKING: & FAIL \\ \hline \end{table} Detailed Analysis of HERITAGE-CRYSTAL CLEAN, INC.[HCCI Guru Analysis](https://www.validea.com/guru-analysis/hcci)[HCCI Fundamental Analysis](https://www.validea.com/factor-report/hcci)**3D SYSTEMS CORP ([DDD](https://www.nasdaq.com/market-activity/stocks/DDD)))** is a small-cap value stock in the Computer Hardware industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**3D Systems Corporation is an additive manufacturing solutions company. The Company is engaged in providing three-dimensional (3D) printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, and digital design tools. The Company's segments include Healthcare Solutions and Industrial Solutions. Healthcare Solutions includes dental, medical devices, personalized health services and regenerative medicine. Industrial Solutions includes aerospace, defense, transportation and general manufacturing. The Company offers a range of 3D printing technologies, including Stereolithography (SLA), Selective Laser Sintering, Direct Metal Printing, MultiJet Printing, ColorJet Printing, polymer extrusion, and extrusion and SLA based bioprinting. The Company markets its products and services through subsidiaries in North America and South America, Europe and the Middle East and the Asia Pacific and Oceania region. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of 3D SYSTEMS CORP [DDD Guru Analysis](https://www.validea.com/guru-analysis/ddd)[DDD Fundamental Analysis](https://www.validea.com/factor-report/ddd)**UNION PACIFIC CORP ([UNP](https://www.nasdaq.com/market-activity/stocks/UNP)))** is a large-cap growth stock in the Railroads industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). It connects 23 states in the western two-thirds of the country and maintains coordinated schedules with other rail carriers to move freight to and from the Atlantic Coast, the Pacific Coast, the Southeast, the Southwest, Canada, and Mexico. Its Railroad's diversified business mix includes Bulk, Industrial, and Premium. Its Bulk shipments consist of grain and grain products, fertilizer, food and refrigerated, and coal and renewables. Its Industrial shipments consist of several categories, including construction, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases (LPG), soda ash, and sand. Its Premium shipments include finished automobiles, automotive parts, and merchandise in intermodal containers, both domestic and international.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS YIELD: & NEUTRAL \\ \hline RETURN ON TANGIBLE CAPITAL: & NEUTRAL \\ \hline FINAL RANKING: & FAIL \\ \hline \end{table} Detailed Analysis of UNION PACIFIC CORP [UNP Guru Analysis](https://www.validea.com/guru-analysis/unp)[UNP Fundamental Analysis](https://www.validea.com/factor-report/unp)**ASTRONICS CORPORATION ([ATRO](https://www.nasdaq.com/market-activity/stocks/ATRO)))** is a small-cap growth stock in the Aerospace & Defense industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Astronics Corporation is a provider of advanced technologies to the global aerospace, defense and electronics industries. The Company operates in two segments: Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace industry. Product lines include lighting and safety systems, electrical power generation, distribution and seat motion systems, aircraft structures, avionics products, systems certification, and other products. The Test Systems segment designs, develops, manufactures and maintains automated test systems that support the aerospace and defense, communications and mass transit industries as well as training and simulation devices for both commercial and military applications. The Company's products and services include electrical power generation and distribution systems, seat motion solutions, lighting and safety systems, avionics products, aircraft structures, systems certification, and automated test systems.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of ASTRONICS CORPORATION [ATRO Guru Analysis](https://www.validea.com/guru-analysis/atro)[ATRO Fundamental Analysis](https://www.validea.com/factor-report/atro)**FRANKLIN COVEY CO ([FC](https://www.nasdaq.com/market-activity/stocks/FC)))** is a small-cap growth stock in the Schools industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Franklin Covey Co. is a global company focused on performance improvement. The Company's sales are primarily comprised of training and consulting services and its internal reporting and operating structure, which are organized around two divisions: Enterprise Division and Education Division. The Enterprise Division, which consists of its Direct Office and International Licensee segments. The Education Division, which is comprised of its Education practice. Its Direct Office segment includes its sales personnel that serve the United States and Canada; its international sales offices located in Japan, China, the United Kingdom, Australia, Germany, Switzerland, and Austria; its government services sales channel; and its book and audio sales. Its International Licensees segments consists of its international licensees. Its Education Practice segment includes its domestic and international Education practice operations. It is also focused on leasing operations, shipping and handling. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS YIELD: & NEUTRAL \\ \hline RETURN ON TANGIBLE CAPITAL: & NEUTRAL \\ \hline FINAL RANKING: & FAIL \\ \hline \end{table} Detailed Analysis of FRANKLIN COVEY CO [FC Guru Analysis](https://www.validea.com/guru-analysis/fc)[FC Fundamental Analysis](https://www.validea.com/factor-report/fc)[Joel Greenblatt Portfolio](https://www.validea.com/joel-greenblatt)[Top Joel Greenblatt Stocks](https://www.validea.com/joel-greenblatt-stocks)**About Joel Greenblatt**: In his 2005 bestseller The Little Book That Beats The Market, hedge fund manager Joel Greenblatt laid out a stunningly simple way to beat the market using two -- and only two -- fundamental variables. The "Magic Formula," as he called it, produced back-tested returns of 30.8 percent per year from 1988 through 2004, more than doubling the S&P 500's 12.4 percent return during that time. Greenblatt also produced exceptional returns as managing partner at Gotham Capital, a New York City-based hedge fund he founded. The firm averaged a remarkable 40 percent annualized return over more than two decades. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 20.1745
Stock Price 2 days before: 20.0079
Stock Price 1 day before: 20.004
Stock Price at release: 19.8166
Risk-Free Rate at release: 0.05275
| 20.8081 |
Symbol: ACCO
Security: ACCO Brands Corporation
Related Stocks/Topics: HTLD|Markets|TBI|ODFL|ASTE
Title: Validea's Top 5 Industrial Stocks Based On Benjamin Graham - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [Value Investor](https://www.validea.com/value-investor-portfolio/benjamin-graham) model based on the published strategy of [Benjamin Graham](https://www.validea.com/benjamin-graham). This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth. **HEARTLAND EXPRESS, INC. ([HTLD](https://www.nasdaq.com/market-activity/stocks/HTLD)))** is a small-cap value stock in the Trucking industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Heartland Express, Inc. is a holding company. The Company, through its subsidiaries, is engaged in short, medium, and long-haul truckload carrier and transportation services. The Company provides truckload services across the United States, Mexico, and parts of Canada. These truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offer truckload temperature-controlled transportation services and Mexico logistics services. Its primary customers include retailers, manufacturers and parcel carriers. Its over-the-road tractors are equipped with mobile communication systems. It operates approximately 33 terminal facilities throughout the United States and one in Mexico. The Company's subsidiaries include Heartland Express, Inc. of Iowa, Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc., Midwest Holding Group, LLC, Millis Transfer, LLC, Smith Transport, Inc., Smith Trucking, Inc. and others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & FAIL \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of HEARTLAND EXPRESS, INC.[HTLD Guru Analysis](https://www.validea.com/guru-analysis/htld)[HTLD Fundamental Analysis](https://www.validea.com/factor-report/htld)**TRUEBLUE INC ([TBI](https://www.nasdaq.com/market-activity/stocks/TBI)))** is a small-cap value stock in the Business Services industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**TrueBlue, Inc. is a provider of specialized workforce solutions. It operates through three segments: PeopleReady, PeopleManagement and PeopleScout. The PeopleReady segment offers general, industrial and skilled trade staffing throughout the United States of America (U.S.), Canada and Puerto Rico. The Company serves a range of industries that include construction, transportation, manufacturing, retail, hospitality, and renewable energy. The PeopleScout segment offers recruitment process outsourcing (RPO), talent advisory services and managed service provider (MSP) solutions to a variety of industries, primarily in the U.S., Canada, the United Kingdom and Australia. It tailors its services based on individual client needs, including sourcing, screening, hiring and onboarding, to improve the candidate experience and regulatory compliance. The PeopleManagement segment offers contingent, on-site industrial staffing and commercial driver services throughout the U.S., Canada and Puerto Rico. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of TRUEBLUE INC [TBI Guru Analysis](https://www.validea.com/guru-analysis/tbi)[TBI Fundamental Analysis](https://www.validea.com/factor-report/tbi)**ACCO BRANDS CORP ([ACCO](https://www.nasdaq.com/market-activity/stocks/ACCO)))** is a small-cap value stock in the Office Supplies industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**ACCO Brands Corporation is a global consumer, technology and business-branded products company. The Company's segments include ACCO Brands North America, ACCO Brands EMEA and ACCO Brands International. The Company is focused on each business segment that designs, markets, sources, manufactures, and sells recognized consumer, technology and business-branded products used in schools, homes and at work. The Company's product categories include gaming and computer accessories, storage and organization, notebooks, shredding, laminating and binding machines, stapling, punching, planners, dry-erase boards, and do-it-yourself tools, among others. The Company's primary brands include PowerA, Five Star, AT-A-GLANCE, Quartet, Kensington, Swingline, GBC, Mead, Hilroy, Leitz, Rapid, Esselte, Rexel, NOBO, Derwent, Tilibra, Marbig, Foroni, Barrilito, Artline and Spirax. The Company's products are sold primarily in the United States, Europe, Australia, Canada, Brazil and Mexico.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of ACCO BRANDS CORP [ACCO Guru Analysis](https://www.validea.com/guru-analysis/acco)[ACCO Fundamental Analysis](https://www.validea.com/factor-report/acco)**OLD DOMINION FREIGHT LINE INC ([ODFL](https://www.nasdaq.com/market-activity/stocks/ODFL)))** is a large-cap growth stock in the Trucking industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Old Dominion Freight Line, Inc. is a North American less-than-truckload (LTL) motor carriers. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings include expedited transportation, which is provided through a network of service centers located throughout the continental United States. It offers a range of value-added services including container drayage, truckload brokerage, and supply chain consulting. It operates approximately 255 service center locations, of which the Company owns 231 and leases 24. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its system offers its customers access to information such as freight tracking, shipping documents, rate quotes, rate databases, and account activity. These centralized systems and its customer service department provide its customers with a single point of contact to access information.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/BOOK RATIO: & FAIL \\ \hline \end{table} Detailed Analysis of OLD DOMINION FREIGHT LINE INC [ODFL Guru Analysis](https://www.validea.com/guru-analysis/odfl)[ODFL Fundamental Analysis](https://www.validea.com/factor-report/odfl)**ASTEC INDUSTRIES, INC. ([ASTE](https://www.nasdaq.com/market-activity/stocks/ASTE)))** is a small-cap growth stock in the Constr. & Agric. Machinery industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities. The Company operates through two segments: Infrastructure Solutions and Materials Solutions. Infrastructure Solutions segment designs, engineers, manufactures and markets a complete line of asphalt plants, concrete plants and their related components and ancillary equipment, as well as supplying asphalt road construction equipment, industrial thermal systems and other heavy equipment. Materials Solutions segment designs and manufactures heavy processing equipment, in addition to servicing and supplying parts for the aggregate, metallic mining, recycling, ports and bulk handling markets. The Company's products are marketed both domestically and internationally primarily to asphalt producers; highway and heavy equipment contractors; utility contractors; construction, demolition, recycle and crushing contractors, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & PASS \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/BOOK RATIO: & FAIL \\ \hline \end{table} Detailed Analysis of ASTEC INDUSTRIES, INC.[ASTE Guru Analysis](https://www.validea.com/guru-analysis/aste)[ASTE Fundamental Analysis](https://www.validea.com/factor-report/aste)[Benjamin Graham Portfolio](https://www.validea.com/benjamin-graham)[Top Benjamin Graham Stocks](https://www.validea.com/benjamin-graham-stocks)**About Benjamin Graham**: The late Benjamin Graham may be the oldest of the gurus we follow, but his impact on the investing world has lasted for decades after his death in 1976. Known as both the "Father of Value Investing" and the founder of the entire field of security analysis, Graham mentored several of history's greatest investors -- including Warren Buffett -- and inspired a slew of others, including John Templeton, Mario Gabelli, and another of Validea's gurus, John Neff. Graham built his fortune and reputation after living through some extremely difficult times, including both the Great Depression and his own family's financial woes following his father's death when Benjamin was a young man. His investment firm posted per annum returns of about 20 percent from 1936 to 1956, far outpacing the 12.2 percent average return for the market during that time. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 5.21103
Stock Price 2 days before: 5.23766
Stock Price 1 day before: 5.2376
Stock Price at release: 5.39726
Risk-Free Rate at release: 0.05275
| 6.14234 |
Symbol: XMTR
Security: Xometry, Inc.
Related Stocks/Topics: LMT|Markets|CSX|HON|TRNS
Title: Validea's Top 5 Industrial Stocks Based On Warren Buffett - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [Patient Investor](https://www.validea.com/patient-investor-portfolio/warren-buffett) model based on the published strategy of [Warren Buffett](https://www.validea.com/warren-buffett). This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. **LOCKHEED MARTIN CORP ([LMT](https://www.nasdaq.com/market-activity/stocks/LMT)))** is a large-cap growth stock in the Aerospace & Defense industry. The rating according to our strategy based on Warren Buffett is 82% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Lockheed Martin Corporation is a security and aerospace company. It operates through four segments. Aeronautics segment is engaged in the research, design, development, manufacture, support and upgrade of military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. Missiles and Fire Control segment provides air and missile defense systems; fire control systems; manned and unmanned ground vehicles, and energy management solutions. Rotary and Mission Systems segment provides design, manufacture, service and support for various military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. Space segment is engaged in the research and development, design, engineering and production of satellites, space transportation systems, strike and defensive systems.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & PASS \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & PASS \\ \hline FREE CASH FLOW: & PASS \\ \hline USE OF RETAINED EARNINGS: & PASS \\ \hline SHARE REPURCHASE: & PASS \\ \hline INITIAL RATE OF RETURN: & PASS \\ \hline EXPECTED RETURN: & PASS \\ \hline \end{table} Detailed Analysis of LOCKHEED MARTIN CORP [LMT Guru Analysis](https://www.validea.com/guru-analysis/lmt)[LMT Fundamental Analysis](https://www.validea.com/factor-report/lmt)**CSX CORPORATION ([CSX](https://www.nasdaq.com/market-activity/stocks/CSX)))** is a large-cap growth stock in the Railroads industry. The rating according to our strategy based on Warren Buffett is 68% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**CSX Corporation is a transportation company. The Company provides rail-based freight transportation services, including traditional rail service and transport of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It categorizes its products into primary lines of business such as merchandise, intermodal, coal and trucking. Its intermodal business links customers to railroads through trucks and terminals. Its merchandise business consists of shipments in markets, such as agricultural and food products, automotive, forest products, metals and equipment, and fertilizers. It transports domestic coal, coke and iron ore to electricity-generating power plants, steel manufacturers and industrial plants, as well as export coal to deep-water port facilities. Its principal operating subsidiary, CSX Transportation, Inc., provides an important link to the transportation supply chain through its route-mile rail. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & PASS \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & PASS \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline USE OF RETAINED EARNINGS: & PASS \\ \hline SHARE REPURCHASE: & PASS \\ \hline INITIAL RATE OF RETURN: & PASS \\ \hline EXPECTED RETURN: & FAIL \\ \hline \end{table} Detailed Analysis of CSX CORPORATION [CSX Guru Analysis](https://www.validea.com/guru-analysis/csx)[CSX Fundamental Analysis](https://www.validea.com/factor-report/csx)**HONEYWELL INTERNATIONAL INC ([HON](https://www.nasdaq.com/market-activity/stocks/HON)))** is a large-cap growth stock in the Aerospace & Defense industry. The rating according to our strategy based on Warren Buffett is 68% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Honeywell International Inc. is a software-industrial company that provides technology solutions. The Company operates through four segments: Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Aerospace segment supplies products, software and services for aircrafts that it sells to original equipment manufacturers (OEM) and other customers in various end markets. The Honeywell Building Technologies segment offers products, software, solutions and technologies that enable building owners and occupants to ensure their facilities are safe, energy efficient, sustainable and productive. The Performance Materials and Technologies segment is engaged in developing and manufacturing performance chemicals and materials, process technologies and automation solutions. The Safety and Productivity Solutions segment provides products and software that improve productivity, workplace safety, and asset performance to customers.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & PASS \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & PASS \\ \hline RETURN ON TOTAL CAPITAL: & PASS \\ \hline FREE CASH FLOW: & PASS \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & PASS \\ \hline INITIAL RATE OF RETURN: & PASS \\ \hline EXPECTED RETURN: & FAIL \\ \hline \end{table} Detailed Analysis of HONEYWELL INTERNATIONAL INC [HON Guru Analysis](https://www.validea.com/guru-analysis/hon)[HON Fundamental Analysis](https://www.validea.com/factor-report/hon)**TRANSCAT INC ([TRNS](https://www.nasdaq.com/market-activity/stocks/TRNS)))** is a small-cap growth stock in the Business Services industry. The rating according to our strategy based on Warren Buffett is 24% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Transcat, Inc. is a provider of accredited calibration services, enterprise asset management services, and a value-added distributor of professional grade handheld test, measurement, and control instrumentation. It is focused on providing services and products to regulated industries, particularly the life science industry, which includes pharmaceutical, biotechnology, medical device, and other FDA-regulated businesses. Its segments include Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualifications, preventative maintenance, consulting and other related services, a majority of which are processed through its asset management system, CalTrak and its online customer portal, C3. The Distribution segment sells and rents national and brand instruments to customers globally. Through its Website, in-house sales team and printed and digital marketing materials, it offers access to more than 140,000 test, measurement and control instruments.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & PASS \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline INITIAL RATE OF RETURN: & FAIL \\ \hline EXPECTED RETURN: & FAIL \\ \hline \end{table} Detailed Analysis of TRANSCAT INC [TRNS Guru Analysis](https://www.validea.com/guru-analysis/trns)[TRNS Fundamental Analysis](https://www.validea.com/factor-report/trns)**XOMETRY INC ([XMTR](https://www.nasdaq.com/market-activity/stocks/XMTR)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Xometry, Inc. is a global online marketplace connecting buyers with suppliers of manufacturing services. The Company's artificial intelligence (AI)-enabled technology platform is powered by machine learning algorithms and a dataset. The Company operates through two segments: the United States and International. The Company uses technology to enable product designers, engineers, buyers, and supply chain professionals to access the capacity of a global network of manufacturing facilities. The Company's suppliers' capabilities include computer numerical control manufacturing, sheet metal forming, sheet cutting, three-dimensional (3D) printing, die casting, stamping, injection molding, urethane casting, tube cutting, tube bending, as well as finishing services, prototyping and production. In addition, it offers suppliers digital marketing and data solutions and software as a service (SaaS)-based solution.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & FAIL \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & FAIL \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of XOMETRY INC [XMTR Guru Analysis](https://www.validea.com/guru-analysis/xmtr)[XMTR Fundamental Analysis](https://www.validea.com/factor-report/xmtr)[Warren Buffett Portfolio](https://www.validea.com/warren-buffett)[Top Warren Buffett Stocks](https://www.validea.com/warren-buffett-stocks)**About Warren Buffett**: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 21.7687
Stock Price 2 days before: 21.11
Stock Price 1 day before: 21.1174
Stock Price at release: 21.0157
Risk-Free Rate at release: 0.05275
| 18.3905 |
Symbol: TBI
Security: TrueBlue, Inc.
Related Stocks/Topics: HTLD|Markets|ACCO|ODFL|ASTE
Title: Validea's Top 5 Industrial Stocks Based On Benjamin Graham - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [Value Investor](https://www.validea.com/value-investor-portfolio/benjamin-graham) model based on the published strategy of [Benjamin Graham](https://www.validea.com/benjamin-graham). This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth. **HEARTLAND EXPRESS, INC. ([HTLD](https://www.nasdaq.com/market-activity/stocks/HTLD)))** is a small-cap value stock in the Trucking industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Heartland Express, Inc. is a holding company. The Company, through its subsidiaries, is engaged in short, medium, and long-haul truckload carrier and transportation services. The Company provides truckload services across the United States, Mexico, and parts of Canada. These truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offer truckload temperature-controlled transportation services and Mexico logistics services. Its primary customers include retailers, manufacturers and parcel carriers. Its over-the-road tractors are equipped with mobile communication systems. It operates approximately 33 terminal facilities throughout the United States and one in Mexico. The Company's subsidiaries include Heartland Express, Inc. of Iowa, Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc., Midwest Holding Group, LLC, Millis Transfer, LLC, Smith Transport, Inc., Smith Trucking, Inc. and others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & FAIL \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of HEARTLAND EXPRESS, INC.[HTLD Guru Analysis](https://www.validea.com/guru-analysis/htld)[HTLD Fundamental Analysis](https://www.validea.com/factor-report/htld)**TRUEBLUE INC ([TBI](https://www.nasdaq.com/market-activity/stocks/TBI)))** is a small-cap value stock in the Business Services industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**TrueBlue, Inc. is a provider of specialized workforce solutions. It operates through three segments: PeopleReady, PeopleManagement and PeopleScout. The PeopleReady segment offers general, industrial and skilled trade staffing throughout the United States of America (U.S.), Canada and Puerto Rico. The Company serves a range of industries that include construction, transportation, manufacturing, retail, hospitality, and renewable energy. The PeopleScout segment offers recruitment process outsourcing (RPO), talent advisory services and managed service provider (MSP) solutions to a variety of industries, primarily in the U.S., Canada, the United Kingdom and Australia. It tailors its services based on individual client needs, including sourcing, screening, hiring and onboarding, to improve the candidate experience and regulatory compliance. The PeopleManagement segment offers contingent, on-site industrial staffing and commercial driver services throughout the U.S., Canada and Puerto Rico. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of TRUEBLUE INC [TBI Guru Analysis](https://www.validea.com/guru-analysis/tbi)[TBI Fundamental Analysis](https://www.validea.com/factor-report/tbi)**ACCO BRANDS CORP ([ACCO](https://www.nasdaq.com/market-activity/stocks/ACCO)))** is a small-cap value stock in the Office Supplies industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**ACCO Brands Corporation is a global consumer, technology and business-branded products company. The Company's segments include ACCO Brands North America, ACCO Brands EMEA and ACCO Brands International. The Company is focused on each business segment that designs, markets, sources, manufactures, and sells recognized consumer, technology and business-branded products used in schools, homes and at work. The Company's product categories include gaming and computer accessories, storage and organization, notebooks, shredding, laminating and binding machines, stapling, punching, planners, dry-erase boards, and do-it-yourself tools, among others. The Company's primary brands include PowerA, Five Star, AT-A-GLANCE, Quartet, Kensington, Swingline, GBC, Mead, Hilroy, Leitz, Rapid, Esselte, Rexel, NOBO, Derwent, Tilibra, Marbig, Foroni, Barrilito, Artline and Spirax. The Company's products are sold primarily in the United States, Europe, Australia, Canada, Brazil and Mexico.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of ACCO BRANDS CORP [ACCO Guru Analysis](https://www.validea.com/guru-analysis/acco)[ACCO Fundamental Analysis](https://www.validea.com/factor-report/acco)**OLD DOMINION FREIGHT LINE INC ([ODFL](https://www.nasdaq.com/market-activity/stocks/ODFL)))** is a large-cap growth stock in the Trucking industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Old Dominion Freight Line, Inc. is a North American less-than-truckload (LTL) motor carriers. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings include expedited transportation, which is provided through a network of service centers located throughout the continental United States. It offers a range of value-added services including container drayage, truckload brokerage, and supply chain consulting. It operates approximately 255 service center locations, of which the Company owns 231 and leases 24. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its system offers its customers access to information such as freight tracking, shipping documents, rate quotes, rate databases, and account activity. These centralized systems and its customer service department provide its customers with a single point of contact to access information.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/BOOK RATIO: & FAIL \\ \hline \end{table} Detailed Analysis of OLD DOMINION FREIGHT LINE INC [ODFL Guru Analysis](https://www.validea.com/guru-analysis/odfl)[ODFL Fundamental Analysis](https://www.validea.com/factor-report/odfl)**ASTEC INDUSTRIES, INC. ([ASTE](https://www.nasdaq.com/market-activity/stocks/ASTE)))** is a small-cap growth stock in the Constr. & Agric. Machinery industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities. The Company operates through two segments: Infrastructure Solutions and Materials Solutions. Infrastructure Solutions segment designs, engineers, manufactures and markets a complete line of asphalt plants, concrete plants and their related components and ancillary equipment, as well as supplying asphalt road construction equipment, industrial thermal systems and other heavy equipment. Materials Solutions segment designs and manufactures heavy processing equipment, in addition to servicing and supplying parts for the aggregate, metallic mining, recycling, ports and bulk handling markets. The Company's products are marketed both domestically and internationally primarily to asphalt producers; highway and heavy equipment contractors; utility contractors; construction, demolition, recycle and crushing contractors, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & PASS \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/BOOK RATIO: & FAIL \\ \hline \end{table} Detailed Analysis of ASTEC INDUSTRIES, INC.[ASTE Guru Analysis](https://www.validea.com/guru-analysis/aste)[ASTE Fundamental Analysis](https://www.validea.com/factor-report/aste)[Benjamin Graham Portfolio](https://www.validea.com/benjamin-graham)[Top Benjamin Graham Stocks](https://www.validea.com/benjamin-graham-stocks)**About Benjamin Graham**: The late Benjamin Graham may be the oldest of the gurus we follow, but his impact on the investing world has lasted for decades after his death in 1976. Known as both the "Father of Value Investing" and the founder of the entire field of security analysis, Graham mentored several of history's greatest investors -- including Warren Buffett -- and inspired a slew of others, including John Templeton, Mario Gabelli, and another of Validea's gurus, John Neff. Graham built his fortune and reputation after living through some extremely difficult times, including both the Great Depression and his own family's financial woes following his father's death when Benjamin was a young man. His investment firm posted per annum returns of about 20 percent from 1936 to 1956, far outpacing the 12.2 percent average return for the market during that time. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 17.8993
Stock Price 2 days before: 17.6493
Stock Price 1 day before: 17.6433
Stock Price at release: 17.7774
Risk-Free Rate at release: 0.05275
| 14.8567 |
Symbol: ASTE
Security: Astec Industries, Inc.
Related Stocks/Topics: HTLD|Markets|TBI|ACCO|ODFL
Title: Validea's Top 5 Industrial Stocks Based On Benjamin Graham - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [Value Investor](https://www.validea.com/value-investor-portfolio/benjamin-graham) model based on the published strategy of [Benjamin Graham](https://www.validea.com/benjamin-graham). This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth. **HEARTLAND EXPRESS, INC. ([HTLD](https://www.nasdaq.com/market-activity/stocks/HTLD)))** is a small-cap value stock in the Trucking industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Heartland Express, Inc. is a holding company. The Company, through its subsidiaries, is engaged in short, medium, and long-haul truckload carrier and transportation services. The Company provides truckload services across the United States, Mexico, and parts of Canada. These truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offer truckload temperature-controlled transportation services and Mexico logistics services. Its primary customers include retailers, manufacturers and parcel carriers. Its over-the-road tractors are equipped with mobile communication systems. It operates approximately 33 terminal facilities throughout the United States and one in Mexico. The Company's subsidiaries include Heartland Express, Inc. of Iowa, Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc., Midwest Holding Group, LLC, Millis Transfer, LLC, Smith Transport, Inc., Smith Trucking, Inc. and others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & FAIL \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of HEARTLAND EXPRESS, INC.[HTLD Guru Analysis](https://www.validea.com/guru-analysis/htld)[HTLD Fundamental Analysis](https://www.validea.com/factor-report/htld)**TRUEBLUE INC ([TBI](https://www.nasdaq.com/market-activity/stocks/TBI)))** is a small-cap value stock in the Business Services industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**TrueBlue, Inc. is a provider of specialized workforce solutions. It operates through three segments: PeopleReady, PeopleManagement and PeopleScout. The PeopleReady segment offers general, industrial and skilled trade staffing throughout the United States of America (U.S.), Canada and Puerto Rico. The Company serves a range of industries that include construction, transportation, manufacturing, retail, hospitality, and renewable energy. The PeopleScout segment offers recruitment process outsourcing (RPO), talent advisory services and managed service provider (MSP) solutions to a variety of industries, primarily in the U.S., Canada, the United Kingdom and Australia. It tailors its services based on individual client needs, including sourcing, screening, hiring and onboarding, to improve the candidate experience and regulatory compliance. The PeopleManagement segment offers contingent, on-site industrial staffing and commercial driver services throughout the U.S., Canada and Puerto Rico. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of TRUEBLUE INC [TBI Guru Analysis](https://www.validea.com/guru-analysis/tbi)[TBI Fundamental Analysis](https://www.validea.com/factor-report/tbi)**ACCO BRANDS CORP ([ACCO](https://www.nasdaq.com/market-activity/stocks/ACCO)))** is a small-cap value stock in the Office Supplies industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**ACCO Brands Corporation is a global consumer, technology and business-branded products company. The Company's segments include ACCO Brands North America, ACCO Brands EMEA and ACCO Brands International. The Company is focused on each business segment that designs, markets, sources, manufactures, and sells recognized consumer, technology and business-branded products used in schools, homes and at work. The Company's product categories include gaming and computer accessories, storage and organization, notebooks, shredding, laminating and binding machines, stapling, punching, planners, dry-erase boards, and do-it-yourself tools, among others. The Company's primary brands include PowerA, Five Star, AT-A-GLANCE, Quartet, Kensington, Swingline, GBC, Mead, Hilroy, Leitz, Rapid, Esselte, Rexel, NOBO, Derwent, Tilibra, Marbig, Foroni, Barrilito, Artline and Spirax. The Company's products are sold primarily in the United States, Europe, Australia, Canada, Brazil and Mexico.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & PASS \\ \hline PRICE/BOOK RATIO: & PASS \\ \hline \end{table} Detailed Analysis of ACCO BRANDS CORP [ACCO Guru Analysis](https://www.validea.com/guru-analysis/acco)[ACCO Fundamental Analysis](https://www.validea.com/factor-report/acco)**OLD DOMINION FREIGHT LINE INC ([ODFL](https://www.nasdaq.com/market-activity/stocks/ODFL)))** is a large-cap growth stock in the Trucking industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Old Dominion Freight Line, Inc. is a North American less-than-truckload (LTL) motor carriers. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings include expedited transportation, which is provided through a network of service centers located throughout the continental United States. It offers a range of value-added services including container drayage, truckload brokerage, and supply chain consulting. It operates approximately 255 service center locations, of which the Company owns 231 and leases 24. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its system offers its customers access to information such as freight tracking, shipping documents, rate quotes, rate databases, and account activity. These centralized systems and its customer service department provide its customers with a single point of contact to access information.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & FAIL \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & PASS \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/BOOK RATIO: & FAIL \\ \hline \end{table} Detailed Analysis of OLD DOMINION FREIGHT LINE INC [ODFL Guru Analysis](https://www.validea.com/guru-analysis/odfl)[ODFL Fundamental Analysis](https://www.validea.com/factor-report/odfl)**ASTEC INDUSTRIES, INC. ([ASTE](https://www.nasdaq.com/market-activity/stocks/ASTE)))** is a small-cap growth stock in the Constr. & Agric. Machinery industry. The rating according to our strategy based on Benjamin Graham is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities. The Company operates through two segments: Infrastructure Solutions and Materials Solutions. Infrastructure Solutions segment designs, engineers, manufactures and markets a complete line of asphalt plants, concrete plants and their related components and ancillary equipment, as well as supplying asphalt road construction equipment, industrial thermal systems and other heavy equipment. Materials Solutions segment designs and manufactures heavy processing equipment, in addition to servicing and supplying parts for the aggregate, metallic mining, recycling, ports and bulk handling markets. The Company's products are marketed both domestically and internationally primarily to asphalt producers; highway and heavy equipment contractors; utility contractors; construction, demolition, recycle and crushing contractors, among others.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline SALES: & PASS \\ \hline CURRENT RATIO: & PASS \\ \hline LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: & PASS \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline P/E RATIO: & FAIL \\ \hline PRICE/BOOK RATIO: & FAIL \\ \hline \end{table} Detailed Analysis of ASTEC INDUSTRIES, INC.[ASTE Guru Analysis](https://www.validea.com/guru-analysis/aste)[ASTE Fundamental Analysis](https://www.validea.com/factor-report/aste)[Benjamin Graham Portfolio](https://www.validea.com/benjamin-graham)[Top Benjamin Graham Stocks](https://www.validea.com/benjamin-graham-stocks)**About Benjamin Graham**: The late Benjamin Graham may be the oldest of the gurus we follow, but his impact on the investing world has lasted for decades after his death in 1976. Known as both the "Father of Value Investing" and the founder of the entire field of security analysis, Graham mentored several of history's greatest investors -- including Warren Buffett -- and inspired a slew of others, including John Templeton, Mario Gabelli, and another of Validea's gurus, John Neff. Graham built his fortune and reputation after living through some extremely difficult times, including both the Great Depression and his own family's financial woes following his father's death when Benjamin was a young man. His investment firm posted per annum returns of about 20 percent from 1936 to 1956, far outpacing the 12.2 percent average return for the market during that time. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 46.0749
Stock Price 2 days before: 45.0976
Stock Price 1 day before: 45.0243
Stock Price at release: 45.583
Risk-Free Rate at release: 0.05275
| 53.7735 |
Symbol: TRNS
Security: Transcat, Inc.
Related Stocks/Topics: LMT|Markets|CSX|HON|XMTR
Title: Validea's Top 5 Industrial Stocks Based On Warren Buffett - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [Patient Investor](https://www.validea.com/patient-investor-portfolio/warren-buffett) model based on the published strategy of [Warren Buffett](https://www.validea.com/warren-buffett). This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. **LOCKHEED MARTIN CORP ([LMT](https://www.nasdaq.com/market-activity/stocks/LMT)))** is a large-cap growth stock in the Aerospace & Defense industry. The rating according to our strategy based on Warren Buffett is 82% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Lockheed Martin Corporation is a security and aerospace company. It operates through four segments. Aeronautics segment is engaged in the research, design, development, manufacture, support and upgrade of military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. Missiles and Fire Control segment provides air and missile defense systems; fire control systems; manned and unmanned ground vehicles, and energy management solutions. Rotary and Mission Systems segment provides design, manufacture, service and support for various military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. Space segment is engaged in the research and development, design, engineering and production of satellites, space transportation systems, strike and defensive systems.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & PASS \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & PASS \\ \hline FREE CASH FLOW: & PASS \\ \hline USE OF RETAINED EARNINGS: & PASS \\ \hline SHARE REPURCHASE: & PASS \\ \hline INITIAL RATE OF RETURN: & PASS \\ \hline EXPECTED RETURN: & PASS \\ \hline \end{table} Detailed Analysis of LOCKHEED MARTIN CORP [LMT Guru Analysis](https://www.validea.com/guru-analysis/lmt)[LMT Fundamental Analysis](https://www.validea.com/factor-report/lmt)**CSX CORPORATION ([CSX](https://www.nasdaq.com/market-activity/stocks/CSX)))** is a large-cap growth stock in the Railroads industry. The rating according to our strategy based on Warren Buffett is 68% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**CSX Corporation is a transportation company. The Company provides rail-based freight transportation services, including traditional rail service and transport of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It categorizes its products into primary lines of business such as merchandise, intermodal, coal and trucking. Its intermodal business links customers to railroads through trucks and terminals. Its merchandise business consists of shipments in markets, such as agricultural and food products, automotive, forest products, metals and equipment, and fertilizers. It transports domestic coal, coke and iron ore to electricity-generating power plants, steel manufacturers and industrial plants, as well as export coal to deep-water port facilities. Its principal operating subsidiary, CSX Transportation, Inc., provides an important link to the transportation supply chain through its route-mile rail. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & PASS \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & PASS \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline USE OF RETAINED EARNINGS: & PASS \\ \hline SHARE REPURCHASE: & PASS \\ \hline INITIAL RATE OF RETURN: & PASS \\ \hline EXPECTED RETURN: & FAIL \\ \hline \end{table} Detailed Analysis of CSX CORPORATION [CSX Guru Analysis](https://www.validea.com/guru-analysis/csx)[CSX Fundamental Analysis](https://www.validea.com/factor-report/csx)**HONEYWELL INTERNATIONAL INC ([HON](https://www.nasdaq.com/market-activity/stocks/HON)))** is a large-cap growth stock in the Aerospace & Defense industry. The rating according to our strategy based on Warren Buffett is 68% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Honeywell International Inc. is a software-industrial company that provides technology solutions. The Company operates through four segments: Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Aerospace segment supplies products, software and services for aircrafts that it sells to original equipment manufacturers (OEM) and other customers in various end markets. The Honeywell Building Technologies segment offers products, software, solutions and technologies that enable building owners and occupants to ensure their facilities are safe, energy efficient, sustainable and productive. The Performance Materials and Technologies segment is engaged in developing and manufacturing performance chemicals and materials, process technologies and automation solutions. The Safety and Productivity Solutions segment provides products and software that improve productivity, workplace safety, and asset performance to customers.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & PASS \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & PASS \\ \hline RETURN ON TOTAL CAPITAL: & PASS \\ \hline FREE CASH FLOW: & PASS \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & PASS \\ \hline INITIAL RATE OF RETURN: & PASS \\ \hline EXPECTED RETURN: & FAIL \\ \hline \end{table} Detailed Analysis of HONEYWELL INTERNATIONAL INC [HON Guru Analysis](https://www.validea.com/guru-analysis/hon)[HON Fundamental Analysis](https://www.validea.com/factor-report/hon)**TRANSCAT INC ([TRNS](https://www.nasdaq.com/market-activity/stocks/TRNS)))** is a small-cap growth stock in the Business Services industry. The rating according to our strategy based on Warren Buffett is 24% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Transcat, Inc. is a provider of accredited calibration services, enterprise asset management services, and a value-added distributor of professional grade handheld test, measurement, and control instrumentation. It is focused on providing services and products to regulated industries, particularly the life science industry, which includes pharmaceutical, biotechnology, medical device, and other FDA-regulated businesses. Its segments include Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualifications, preventative maintenance, consulting and other related services, a majority of which are processed through its asset management system, CalTrak and its online customer portal, C3. The Distribution segment sells and rents national and brand instruments to customers globally. Through its Website, in-house sales team and printed and digital marketing materials, it offers access to more than 140,000 test, measurement and control instruments.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & PASS \\ \hline DEBT SERVICE: & PASS \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & PASS \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline INITIAL RATE OF RETURN: & FAIL \\ \hline EXPECTED RETURN: & FAIL \\ \hline \end{table} Detailed Analysis of TRANSCAT INC [TRNS Guru Analysis](https://www.validea.com/guru-analysis/trns)[TRNS Fundamental Analysis](https://www.validea.com/factor-report/trns)**XOMETRY INC ([XMTR](https://www.nasdaq.com/market-activity/stocks/XMTR)))** is a small-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Xometry, Inc. is a global online marketplace connecting buyers with suppliers of manufacturing services. The Company's artificial intelligence (AI)-enabled technology platform is powered by machine learning algorithms and a dataset. The Company operates through two segments: the United States and International. The Company uses technology to enable product designers, engineers, buyers, and supply chain professionals to access the capacity of a global network of manufacturing facilities. The Company's suppliers' capabilities include computer numerical control manufacturing, sheet metal forming, sheet cutting, three-dimensional (3D) printing, die casting, stamping, injection molding, urethane casting, tube cutting, tube bending, as well as finishing services, prototyping and production. In addition, it offers suppliers digital marketing and data solutions and software as a service (SaaS)-based solution.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS PREDICTABILITY: & FAIL \\ \hline DEBT SERVICE: & FAIL \\ \hline RETURN ON EQUITY: & FAIL \\ \hline RETURN ON TOTAL CAPITAL: & FAIL \\ \hline FREE CASH FLOW: & FAIL \\ \hline USE OF RETAINED EARNINGS: & FAIL \\ \hline SHARE REPURCHASE: & NEUTRAL \\ \hline \end{table} Detailed Analysis of XOMETRY INC [XMTR Guru Analysis](https://www.validea.com/guru-analysis/xmtr)[XMTR Fundamental Analysis](https://www.validea.com/factor-report/xmtr)[Warren Buffett Portfolio](https://www.validea.com/warren-buffett)[Top Warren Buffett Stocks](https://www.validea.com/warren-buffett-stocks)**About Warren Buffett**: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 87.7915
Stock Price 2 days before: 85.0198
Stock Price 1 day before: 85.0171
Stock Price at release: 85.3781
Risk-Free Rate at release: 0.05275
| 90.5924 |
Symbol: FC
Security: Franklin Covey Co.
Related Stocks/Topics: HCCI|Markets|DDD|UNP|ATRO
Title: Validea's Top 5 Industrial Stocks Based On Joel Greenblatt - 7/4/2023
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 15:02:00
Article: The following are the top rated Industrial stocks according to Validea's [Earnings Yield Investor](https://www.validea.com/earnings-yield-investor-portfolio/joel-greenblatt) model based on the published strategy of [Joel Greenblatt](https://www.validea.com/joel-greenblatt). This value model looks for companies with high return on capital and earnings yields. **HERITAGE-CRYSTAL CLEAN, INC. ([HCCI](https://www.nasdaq.com/market-activity/stocks/HCCI)))** is a small-cap value stock in the Waste Management Services industry. The rating according to our strategy based on Joel Greenblatt is 10% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Heritage-Crystal Clean, Inc. provides parts cleaning, used oil re-refining, hazardous and non-hazardous waste disposal, emergency and spill response, and industrial and field services. The Company's segments include Environmental Services, Oil Business, and Industrial and Field Services. Environmental Services consists of the Company's parts cleaning, containerized hazardous and non-hazardous waste collection and hazardous waste disposal, wastewater vacuum, and antifreeze recycling activities. Oil Business consists of the Company's used oil collection, recycled fuel oil sales, used oil re-refining activities, and used oil filter removal and disposal services. It is engaged in the sale of re-refined base oil, re-refinery co-products, and recycled fuel oil. Industrial and Field Services consist of the Company's industrial and field services and non-hazardous waste processing and include industrial and field services, emergency and spill response and processing of non-hazardous waste.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS YIELD: & NEUTRAL \\ \hline RETURN ON TANGIBLE CAPITAL: & NEUTRAL \\ \hline FINAL RANKING: & FAIL \\ \hline \end{table} Detailed Analysis of HERITAGE-CRYSTAL CLEAN, INC.[HCCI Guru Analysis](https://www.validea.com/guru-analysis/hcci)[HCCI Fundamental Analysis](https://www.validea.com/factor-report/hcci)**3D SYSTEMS CORP ([DDD](https://www.nasdaq.com/market-activity/stocks/DDD)))** is a small-cap value stock in the Computer Hardware industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**3D Systems Corporation is an additive manufacturing solutions company. The Company is engaged in providing three-dimensional (3D) printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, and digital design tools. The Company's segments include Healthcare Solutions and Industrial Solutions. Healthcare Solutions includes dental, medical devices, personalized health services and regenerative medicine. Industrial Solutions includes aerospace, defense, transportation and general manufacturing. The Company offers a range of 3D printing technologies, including Stereolithography (SLA), Selective Laser Sintering, Direct Metal Printing, MultiJet Printing, ColorJet Printing, polymer extrusion, and extrusion and SLA based bioprinting. The Company markets its products and services through subsidiaries in North America and South America, Europe and the Middle East and the Asia Pacific and Oceania region. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of 3D SYSTEMS CORP [DDD Guru Analysis](https://www.validea.com/guru-analysis/ddd)[DDD Fundamental Analysis](https://www.validea.com/factor-report/ddd)**UNION PACIFIC CORP ([UNP](https://www.nasdaq.com/market-activity/stocks/UNP)))** is a large-cap growth stock in the Railroads industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). It connects 23 states in the western two-thirds of the country and maintains coordinated schedules with other rail carriers to move freight to and from the Atlantic Coast, the Pacific Coast, the Southeast, the Southwest, Canada, and Mexico. Its Railroad's diversified business mix includes Bulk, Industrial, and Premium. Its Bulk shipments consist of grain and grain products, fertilizer, food and refrigerated, and coal and renewables. Its Industrial shipments consist of several categories, including construction, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases (LPG), soda ash, and sand. Its Premium shipments include finished automobiles, automotive parts, and merchandise in intermodal containers, both domestic and international.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS YIELD: & NEUTRAL \\ \hline RETURN ON TANGIBLE CAPITAL: & NEUTRAL \\ \hline FINAL RANKING: & FAIL \\ \hline \end{table} Detailed Analysis of UNION PACIFIC CORP [UNP Guru Analysis](https://www.validea.com/guru-analysis/unp)[UNP Fundamental Analysis](https://www.validea.com/factor-report/unp)**ASTRONICS CORPORATION ([ATRO](https://www.nasdaq.com/market-activity/stocks/ATRO)))** is a small-cap growth stock in the Aerospace & Defense industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Astronics Corporation is a provider of advanced technologies to the global aerospace, defense and electronics industries. The Company operates in two segments: Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace industry. Product lines include lighting and safety systems, electrical power generation, distribution and seat motion systems, aircraft structures, avionics products, systems certification, and other products. The Test Systems segment designs, develops, manufactures and maintains automated test systems that support the aerospace and defense, communications and mass transit industries as well as training and simulation devices for both commercial and military applications. The Company's products and services include electrical power generation and distribution systems, seat motion solutions, lighting and safety systems, avionics products, aircraft structures, systems certification, and automated test systems.The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|} \hline \end{table} Detailed Analysis of ASTRONICS CORPORATION [ATRO Guru Analysis](https://www.validea.com/guru-analysis/atro)[ATRO Fundamental Analysis](https://www.validea.com/factor-report/atro)**FRANKLIN COVEY CO ([FC](https://www.nasdaq.com/market-activity/stocks/FC)))** is a small-cap growth stock in the Schools industry. The rating according to our strategy based on Joel Greenblatt is 0% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. **Company Description:**Franklin Covey Co. is a global company focused on performance improvement. The Company's sales are primarily comprised of training and consulting services and its internal reporting and operating structure, which are organized around two divisions: Enterprise Division and Education Division. The Enterprise Division, which consists of its Direct Office and International Licensee segments. The Education Division, which is comprised of its Education practice. Its Direct Office segment includes its sales personnel that serve the United States and Canada; its international sales offices located in Japan, China, the United Kingdom, Australia, Germany, Switzerland, and Austria; its government services sales channel; and its book and audio sales. Its International Licensees segments consists of its international licensees. Its Education Practice segment includes its domestic and international Education practice operations. It is also focused on leasing operations, shipping and handling. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline EARNINGS YIELD: & NEUTRAL \\ \hline RETURN ON TANGIBLE CAPITAL: & NEUTRAL \\ \hline FINAL RANKING: & FAIL \\ \hline \end{table} Detailed Analysis of FRANKLIN COVEY CO [FC Guru Analysis](https://www.validea.com/guru-analysis/fc)[FC Fundamental Analysis](https://www.validea.com/factor-report/fc)[Joel Greenblatt Portfolio](https://www.validea.com/joel-greenblatt)[Top Joel Greenblatt Stocks](https://www.validea.com/joel-greenblatt-stocks)**About Joel Greenblatt**: In his 2005 bestseller The Little Book That Beats The Market, hedge fund manager Joel Greenblatt laid out a stunningly simple way to beat the market using two -- and only two -- fundamental variables. The "Magic Formula," as he called it, produced back-tested returns of 30.8 percent per year from 1988 through 2004, more than doubling the S&P 500's 12.4 percent return during that time. Greenblatt also produced exceptional returns as managing partner at Gotham Capital, a New York City-based hedge fund he founded. The firm averaged a remarkable 40 percent annualized return over more than two decades. **About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 45.1764
Stock Price 2 days before: 43.941
Stock Price 1 day before: 44.0185
Stock Price at release: 44.3285
Risk-Free Rate at release: 0.05275
| 46.9979 |
Symbol: WLDN
Security: Willdan Group, Inc.
Related Stocks/Topics: Stocks|STRL|GTES|HWM
Title: Sterling (STRL) Reaches 52-Week High: Will It Move Higher?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-04 15:16:00
Article: **Sterling Infrastructure, Inc.** [STRL](https://www.nasdaq.com/market-activity/stocks/strl) touched a new 52-week high of $58.23 on Jul 3, 2023. The stock pulled back to end the trading session at $58.20, up 4.3% from the previous day’s closing price of $55.80.The company’s stock gained 169.3% in the past year, strongly outperforming the Zacks [Engineering - R and D Services](https://www.zacks.com/stocks/industry-rank/industry/engineering-r-and-d-services-57) industry’s 45% growth, the Zacks [Construction](https://www.zacks.com/stocks/industry-rank/sector/construction-8) sector’s 39.5% rise and the S&P 500 Index’s 16.2% increase.Earnings estimates for 2023 remained stable at $3.52 per share in the past 60 days, suggesting 11.4% year-over-year growth. The positive trend signifies bullish analyst sentiments, indicating robust fundamentals and sparking the expectation of outperformance in the near term.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/90/46241.jpg?v=1268399288) Image Source: Zacks Investment Research This transportation, e-infrastructure and building solutions provider is mainly riding on a record backlog, new high-value e-infrastructure project awards, increased transportation funding and an emerging improvement in housing starts.The company has been navigating the ongoing supply chain and inflation challenges with growth in its E-Infrastructure Solutions (its largest segment), E-Infrastructure and Building Solutions. Its focus on the execution of strategic objectives also bodes well.In December 2021, Sterling completed the acquisition of Petillo LLC and its related entities. Petillo is a leading specialty site development solution provider in the Northeast and Mid-Atlantic.Sterling also acquired Kimes & Stone, which provides diverse services, including soil stabilization for site development on e-commerce projects such as large fulfillment and distribution centers and data centers as well as soil stabilization for roadways and manufacturing plant construction.Earlier, STRL announced that it would divest its 50% ownership interest in its partnership with Myers & Sons Construction L.P. for $18 million in cash. The divestiture is in line with the strategy of reducing its portfolio of low-bid heavy highway projects to increase margins and focus on strategic geographies.STRL expects the higher end of its revenue guidance range of $1.9-$2 billion and net income of $104-$110 million. Its earnings is expected within $3.33-$3.53 per share and EBITDA between $220 million and $235 million. The high end of its guidance ranges would offer an improvement in revenues by 13% and a net income of 13.7% from 2022. **Zacks Rank** Currently, STRL carries a Zacks Rank #3 (Hold). **3 Better-Ranked Construction Stocks Hogging the Limelight****Willdan Group, Inc.** [WLDN](https://www.nasdaq.com/market-activity/stocks/wldn) is a nationwide provider of professional, technical and consulting services to utilities, government agencies and private industry.Willdan Group presently sports a Zacks Rank #1 (Strong Buy). WLDN’s expected earnings growth rate for 2023 is 39.8%. The consensus mark for WLDN’s 2023 earnings has moved north to $1.23 per share from $1.15 in the past 60 days.You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). **Gates Industrial Corporation plc** [GTES](https://www.nasdaq.com/market-activity/stocks/gtes) is a manufacturer of engineered power transmission and fluid power solutions.GTES currently carries a Zacks Rank #2 (Buy). Its expected earnings growth rate for 2023 is 3.5%. The consensus mark for GTES’ 2023 earnings has moved north to $1.18 per share from $1.17 in the past 60 days. **Howmet Aerospace, Inc.** [HWM](https://www.nasdaq.com/market-activity/stocks/hwm) is a global manufacturer of engineered products serving the aerospace, defense and commercial transportation industries. The company is expected to benefit from higher aircraft production rates and ease of supply chains in the transportation market.Howmet Aerospace currently carries a Zacks Rank #2. HWM’s earnings for 2023 are expected to grow by 20.7%. The consensus mark for HWM’s 2023 earnings has moved north to $1.69 per share from $1.64 in the past 60 days. **The New Gold Rush: How Lithium Batteries Will Make Millionaires** As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. [Download the brand-new FREE report revealing 5 EV battery stocks set to soar.](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=2207&adid=SYND_NASDAQ_ZU_BATTERYREPORTA_ANALYSTBLOG_212_07042023&cid=CS-NASDAQ-FT-analyst_blog|52-week_high_low-2116691)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116691)[Willdan Group, Inc. (WLDN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=WLDN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116691)[Sterling Infrastructure, Inc. (STRL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=STRL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116691)[Gates Industrial Corporation PLC (GTES) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=GTES&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116691)[Howmet Aerospace Inc. (HWM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=HWM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_212&cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116691)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116691/sterling-strl-reaches-52-week-high-will-it-move-higher?cid=CS-NASDAQ-FT-analyst_blog|52-week_high/low-2116691)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 18.7983
Stock Price 2 days before: 19.0804
Stock Price 1 day before: 19.0876
Stock Price at release: 18.6323
Risk-Free Rate at release: 0.05275
| 19.9507 |
Symbol: CRCT
Security: Cricut, Inc.
Related Stocks/Topics: Markets
Title: CRCT Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:05:00
Article: Below is Validea's guru fundamental report for **CRICUT INC ([CRCT](https://www.nasdaq.com/market-activity/stocks/CRCT)))**. Of the 22 guru strategies we follow, CRCT rates highest using our [Quantitative Momentum Investor](https://www.validea.com/quantitative-momentum-investor-portfolio/wesley-gray) model based on the published strategy of [Wesley Gray](https://www.validea.com/wesley-gray). This momentum model looks for stocks with strong and consistent intermediate-term relative performance. **CRICUT INC ([CRCT](https://www.nasdaq.com/market-activity/stocks/CRCT)))** is a mid-cap growth stock in the Office Supplies industry. The rating using this strategy is 77% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline DEFINE THE UNIVERSE: & PASS \\ \hline TWELVE MINUS ONE MOMENTUM: & PASS \\ \hline RETURN CONSISTENCY & NEUTRAL \\ \hline SEASONALITY & NEUTRAL \\ \hline \end{table} **Detailed Analysis of CRICUT INC** [CRCT Guru Analysis](https://www.validea.com/guru-analysis/crct)[CRCT Fundamental Analysis](https://www.validea.com/factor-report/crct)**More Information on Wesley Gray** [Wesley Gray Portfolio](https://www.validea.com/wesley-gray)**About Wesley Gray**: Wesley Gray is the founder of Alpha Architect and the author (along with co-author Jack Vogel) of "Quantitative Momentum A Practitioner's Guide to Building a Momentum-Based Stock Selection System". He is also the author (along with co-author Tobias Carlisle) of "Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors". He is an industry recognized expert in the application of quantitative investing strategies. Wes is also a former Marine and has his Phd from the Univerisity of Chicago, where he studied under Nobel Prize winner Eugene Fama. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Factor-Based ETF Portfolios](https://www.validea.com/etf-model-portfolios)[Harry Browne Permanent Portfolio](https://www.validea.com/permanent-portfolio)[Ray Dalio All Weather Portfolio](https://www.validea.com/all-weather-portfolio)[High Shareholder Yield Stocks](https://www.validea.com/shareholder-yield)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 12.5686
Stock Price 2 days before: 12.3075
Stock Price 1 day before: 12.2988
Stock Price at release: 12.4215
Risk-Free Rate at release: 0.05275
| 10.9963 |
Symbol: IMMR
Security: Immersion Corporation
Related Stocks/Topics: Markets
Title: IMMR Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:05:00
Article: Below is Validea's guru fundamental report for **IMMERSION CORPORATION ([IMMR](https://www.nasdaq.com/market-activity/stocks/IMMR)))**. Of the 22 guru strategies we follow, IMMR rates highest using our [Acquirer's Multiple Investor](https://www.validea.com/acquirer's-multiple-investor-portfolio/tobias-carlisle) model based on the published strategy of [Tobias Carlisle](https://www.validea.com/tobias-carlisle). This deep value model looks for inexpensive stocks that could be potential takeover targets. **IMMERSION CORPORATION ([IMMR](https://www.nasdaq.com/market-activity/stocks/IMMR)))** is a small-cap value stock in the Software & Programming industry. The rating using this strategy is 94% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline QUALITY: & PASS \\ \hline ACQUIRER'S MULTIPLE & PASS \\ \hline \end{table} **Detailed Analysis of IMMERSION CORPORATION** [IMMR Guru Analysis](https://www.validea.com/guru-analysis/immr)[IMMR Fundamental Analysis](https://www.validea.com/factor-report/immr)**More Information on Tobias Carlisle** [Tobias Carlisle Portfolio](https://www.validea.com/tobias-carlisle)**About Tobias Carlisle**: Tobias Carlisle is a widely recognized expert on deep value investing. He is the author of "The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market" and the founder of Acquirer's Funds. He is also the author of "Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations" and co-author of Quantitative Value: "A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors" Tobias is originally from Australia, where he worked an an analyst at an activist hedge fund and was a lawyer specializing in mergers and acquisitions. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Top Technology Stocks](https://www.validea.com/top-technology-stocks)[Top Large-Cap Growth Stocks](https://www.validea.com/quality-large-cap-growth-stocks)[High Momentum Stocks](https://www.validea.com/high-momentum-factor-stocks)[High Insider Ownership Stocks](https://www.validea.com/high-insider-ownership-stocks)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 7.12696
Stock Price 2 days before: 7.06466
Stock Price 1 day before: 7.07163
Stock Price at release: 7.33609
Risk-Free Rate at release: 0.05275
| 6.92292 |
Symbol: EOLS
Security: Evolus, Inc.
Related Stocks/Topics: Markets
Title: EOLS Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:05:00
Article: Below is Validea's guru fundamental report for **EVOLUS INC ([EOLS](https://www.nasdaq.com/market-activity/stocks/EOLS)))**. Of the 22 guru strategies we follow, EOLS rates highest using our [P/B Growth Investor](https://www.validea.com/p-b-growth-investor-portfolio/partha-mohanram) model based on the published strategy of [Partha Mohanram](https://www.validea.com/partha-mohanram). This growth model looks for low book-to-market stocks that exhibit characteristics associated with sustained future growth. **EVOLUS INC ([EOLS](https://www.nasdaq.com/market-activity/stocks/EOLS)))** is a small-cap value stock in the Biotechnology & Drugs industry. The rating using this strategy is 55% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline BOOK/MARKET RATIO: & PASS \\ \hline RETURN ON ASSETS: & PASS \\ \hline CASH FLOW FROM OPERATIONS TO ASSETS: & FAIL \\ \hline CASH FLOW FROM OPERATIONS TO ASSETS VS. RETURN ON ASSETS: & FAIL \\ \hline RETURN ON ASSETS VARIANCE: & PASS \\ \hline SALES VARIANCE: & FAIL \\ \hline ADVERTISING TO ASSETS: & PASS \\ \hline CAPITAL EXPENDITURES TO ASSETS: & PASS \\ \hline RESEARCH AND DEVELOPMENT TO ASSETS: & FAIL \\ \hline \end{table} **Detailed Analysis of EVOLUS INC** [EOLS Guru Analysis](https://www.validea.com/guru-analysis/eols)[EOLS Fundamental Analysis](https://www.validea.com/factor-report/eols)**More Information on Partha Mohanram** [Partha Mohanram Portfolio](https://www.validea.com/partha-mohanram)**About Partha Mohanram**: Sometimes the best investing strategies don't come from the world of investing. Sometimes research that changes the investing world can come from the halls of academia. Partha Mohanram is a great example of this. While academic research has shown that value investing works over time, it has found the opposite for growth investing. Mohanram turned that research on its head by developing a growth model that produced significant market outperformance. His research paper "Separating Winners from Losers among Low Book-to-Market Stocks using Financial Statement Analysis" looked at the criteria that can be used to separate growth stocks that continue their upward trajectory from those that don't. Mohanram is currently the John H. Watson Chair in Value Investing at the University of Toronto and was previously an Associate Professor at the Columbia Business School. **Additional Research Links** [Top Healthcare Stocks](https://www.validea.com/top-healthcare-stocks)[Dividend Aristocrats2023](https://www.validea.com/dividend-aristocrats)[Wide Moat Stocks2023](https://www.validea.com/wide-moat-stocks-buffett)[High Insider Ownership Stocks](https://www.validea.com/high-insider-ownership-stocks)[Factor-Based Stock Portfolios](https://www.validea.com/portfolios)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 7.37175
Stock Price 2 days before: 7.27767
Stock Price 1 day before: 7.28346
Stock Price at release: 7.23941
Risk-Free Rate at release: 0.05275
| 10.1465 |
Symbol: IPI
Security: Intrepid Potash, Inc.
Related Stocks/Topics: Markets
Title: IPI Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:05:00
Article: Below is Validea's guru fundamental report for **INTREPID POTASH INC ([IPI](https://www.nasdaq.com/market-activity/stocks/IPI)))**. Of the 22 guru strategies we follow, IPI rates highest using our [Acquirer's Multiple Investor](https://www.validea.com/acquirer's-multiple-investor-portfolio/tobias-carlisle) model based on the published strategy of [Tobias Carlisle](https://www.validea.com/tobias-carlisle). This deep value model looks for inexpensive stocks that could be potential takeover targets. **INTREPID POTASH INC ([IPI](https://www.nasdaq.com/market-activity/stocks/IPI)))** is a small-cap value stock in the Non-Metallic Mining industry. The rating using this strategy is 94% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline QUALITY: & PASS \\ \hline ACQUIRER'S MULTIPLE & PASS \\ \hline \end{table} **Detailed Analysis of INTREPID POTASH INC** [IPI Guru Analysis](https://www.validea.com/guru-analysis/ipi)[IPI Fundamental Analysis](https://www.validea.com/factor-report/ipi)**More Information on Tobias Carlisle** [Tobias Carlisle Portfolio](https://www.validea.com/tobias-carlisle)**About Tobias Carlisle**: Tobias Carlisle is a widely recognized expert on deep value investing. He is the author of "The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market" and the founder of Acquirer's Funds. He is also the author of "Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations" and co-author of Quantitative Value: "A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors" Tobias is originally from Australia, where he worked an an analyst at an activist hedge fund and was a lawyer specializing in mergers and acquisitions. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Factor-Based ETF Portfolios](https://www.validea.com/etf-model-portfolios)[Harry Browne Permanent Portfolio](https://www.validea.com/permanent-portfolio)[Ray Dalio All Weather Portfolio](https://www.validea.com/all-weather-portfolio)[High Shareholder Yield Stocks](https://www.validea.com/shareholder-yield)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 22.6304
Stock Price 2 days before: 22.5442
Stock Price 1 day before: 22.5169
Stock Price at release: 23.0
Risk-Free Rate at release: 0.05275
| 26.1977 |
Symbol: CIFR
Security: Cipher Mining Inc.
Related Stocks/Topics: Markets
Title: CIFR Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:05:00
Article: Below is Validea's guru fundamental report for **CIPHER MINING INC ([CIFR](https://www.nasdaq.com/market-activity/stocks/CIFR)))**. Of the 22 guru strategies we follow, CIFR rates highest using our [Small-Cap Growth Investor](https://www.validea.com/small-cap-growth-investor-portfolio/motley-fool) model based on the published strategy of [Motley Fool](https://www.validea.com/motley-fool). This strategy looks for small cap growth stocks with solid fundamentals and strong price performance. **CIPHER MINING INC ([CIFR](https://www.nasdaq.com/market-activity/stocks/CIFR)))** is a small-cap value stock in the Computer Services industry. The rating using this strategy is 52% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PROFIT MARGIN: & FAIL \\ \hline RELATIVE STRENGTH: & PASS \\ \hline COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: & FAIL \\ \hline INSIDER HOLDINGS: & PASS \\ \hline CASH FLOW FROM OPERATIONS: & FAIL \\ \hline PROFIT MARGIN CONSISTENCY: & FAIL \\ \hline R&D AS A PERCENTAGE OF SALES: & FAIL \\ \hline CASH AND CASH EQUIVALENTS: & PASS \\ \hline LONG TERM DEBT/EQUITY RATIO: & PASS \\ \hline "THE FOOL RATIO" (P/E TO GROWTH): & FAIL \\ \hline AVERAGE SHARES OUTSTANDING: & PASS \\ \hline SALES: & PASS \\ \hline DAILY DOLLAR VOLUME: & PASS \\ \hline PRICE: & FAIL \\ \hline INCOME TAX PERCENTAGE: & FAIL \\ \hline \end{table} **Detailed Analysis of CIPHER MINING INC** [CIFR Guru Analysis](https://www.validea.com/guru-analysis/cifr)[CIFR Fundamental Analysis](https://www.validea.com/factor-report/cifr)**More Information on Motley Fool** [Motley Fool Portfolio](https://www.validea.com/motley-fool)**About Motley Fool**: Brothers David and Tom Gardner often wear funny hats in public appearances, but they're hardly fools -- at least not the kind whose advice you should readily dismiss. The Gardners are the founders of the popular Motley Fool web site, which offers frank and often irreverent commentary on investing, the stock market, and personal finance. The Gardners' "Fool" really is a multi-media endeavor, offering not only its web content but also several books written by the brothers, a weekly syndicated newspaper column, and subscription newsletter services. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Top Technology Stocks](https://www.validea.com/top-technology-stocks)[Top Large-Cap Growth Stocks](https://www.validea.com/quality-large-cap-growth-stocks)[High Momentum Stocks](https://www.validea.com/high-momentum-factor-stocks)[High Insider Ownership Stocks](https://www.validea.com/high-insider-ownership-stocks)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 2.92744
Stock Price 2 days before: 2.75916
Stock Price 1 day before: 2.87046
Stock Price at release: 0.723518
Risk-Free Rate at release: 0.05275
| 3.68264 |
Symbol: WASH
Security: Washington Trust Bancorp, Inc.
Related Stocks/Topics: Markets
Title: WASH Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:05:00
Article: Below is Validea's guru fundamental report for **WASHINGTON TRUST BANCORP INC ([WASH](https://www.nasdaq.com/market-activity/stocks/WASH)))**. Of the 22 guru strategies we follow, WASH rates highest using our [Shareholder Yield Investor](https://www.validea.com/shareholder-yield-investor-portfolio/meb-faber) model based on the published strategy of [Meb Faber](https://www.validea.com/meb-faber). This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. **WASHINGTON TRUST BANCORP INC ([WASH](https://www.nasdaq.com/market-activity/stocks/WASH)))** is a small-cap value stock in the Money Center Banks industry. The rating using this strategy is 75% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline UNIVERSE: & PASS \\ \hline NET PAYOUT YIELD: & PASS \\ \hline QUALITY AND DEBT: & PASS \\ \hline VALUATION: & PASS \\ \hline RELATIVE STRENGTH: & FAIL \\ \hline SHAREHOLDER YIELD: & FAIL \\ \hline \end{table} **Detailed Analysis of WASHINGTON TRUST BANCORP INC** [WASH Guru Analysis](https://www.validea.com/guru-analysis/wash)[WASH Fundamental Analysis](https://www.validea.com/factor-report/wash)**More Information on Meb Faber** [Meb Faber Portfolio](https://www.validea.com/meb-faber)**About Meb Faber**: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book "Shareholder Yield" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. **Additional Research Links** [Top Financial Stocks](https://www.validea.com/top-financial-stocks)[Dividend Aristocrats2023](https://www.validea.com/dividend-aristocrats)[Wide Moat Stocks2023](https://www.validea.com/wide-moat-stocks-buffett)[Cheapest Value Stocks2023](https://www.validea.com/cheapest-stocks-value-factor-composite)[Factor-Based Stock Portfolios](https://www.validea.com/portfolios)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 28.0718
Stock Price 2 days before: 27.425
Stock Price 1 day before: 27.4253
Stock Price at release: 26.9299
Risk-Free Rate at release: 0.05275
| 31.717 |
Symbol: HVT
Security: Haverty Furniture Companies, Inc.
Related Stocks/Topics: Markets
Title: HVT Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:05:00
Article: Below is Validea's guru fundamental report for **HAVERTY FURNITURE COMPANIES, INC. ([HVT](https://www.nasdaq.com/market-activity/stocks/HVT)))**. Of the 22 guru strategies we follow, HVT rates highest using our [Acquirer's Multiple Investor](https://www.validea.com/acquirer's-multiple-investor-portfolio/tobias-carlisle) model based on the published strategy of [Tobias Carlisle](https://www.validea.com/tobias-carlisle). This deep value model looks for inexpensive stocks that could be potential takeover targets. **HAVERTY FURNITURE COMPANIES, INC. ([HVT](https://www.nasdaq.com/market-activity/stocks/HVT)))** is a small-cap value stock in the Furniture & Fixtures industry. The rating using this strategy is 94% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline QUALITY: & PASS \\ \hline ACQUIRER'S MULTIPLE & PASS \\ \hline \end{table} **Detailed Analysis of HAVERTY FURNITURE COMPANIES, INC. ** [HVT Guru Analysis](https://www.validea.com/guru-analysis/hvt)[HVT Fundamental Analysis](https://www.validea.com/factor-report/hvt)**More Information on Tobias Carlisle** [Tobias Carlisle Portfolio](https://www.validea.com/tobias-carlisle)**About Tobias Carlisle**: Tobias Carlisle is a widely recognized expert on deep value investing. He is the author of "The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market" and the founder of Acquirer's Funds. He is also the author of "Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations" and co-author of Quantitative Value: "A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors" Tobias is originally from Australia, where he worked an an analyst at an activist hedge fund and was a lawyer specializing in mergers and acquisitions. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Factor-Based ETF Portfolios](https://www.validea.com/etf-model-portfolios)[Harry Browne Permanent Portfolio](https://www.validea.com/permanent-portfolio)[Ray Dalio All Weather Portfolio](https://www.validea.com/all-weather-portfolio)[High Shareholder Yield Stocks](https://www.validea.com/shareholder-yield)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 30.7253
Stock Price 2 days before: 30.0202
Stock Price 1 day before: 29.1662
Stock Price at release: 30.2237
Risk-Free Rate at release: 0.05275
| 32.8988 |
Symbol: HIFS
Security: Hingham Institution for Savings
Related Stocks/Topics: Markets
Title: HIFS Quantitative Stock Analysis - Martin Zweig
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:05:00
Article: Below is Validea's guru fundamental report for **HINGHAM INSTITUTION FOR SAVINGS ([HIFS](https://www.nasdaq.com/market-activity/stocks/HIFS)))**. Of the 22 guru strategies we follow, HIFS rates highest using our [Growth Investor](https://www.validea.com/growth-investor-portfolio/martin-zweig) model based on the published strategy of [Martin Zweig](https://www.validea.com/martin-zweig). This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt. **HINGHAM INSTITUTION FOR SAVINGS ([HIFS](https://www.nasdaq.com/market-activity/stocks/HIFS)))** is a small-cap value stock in the Regional Banks industry. The rating using this strategy is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline P/E RATIO: & PASS \\ \hline REVENUE GROWTH IN RELATION TO EPS GROWTH: & PASS \\ \hline SALES GROWTH RATE: & PASS \\ \hline CURRENT QUARTER EARNINGS: & PASS \\ \hline QUARTERLY EARNINGS ONE YEAR AGO: & PASS \\ \hline POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: & FAIL \\ \hline EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: & FAIL \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: & PASS \\ \hline EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: & FAIL \\ \hline EARNINGS PERSISTENCE: & FAIL \\ \hline LONG-TERM EPS GROWTH: & FAIL \\ \hline INSIDER TRANSACTIONS: & PASS \\ \hline \end{table} **Detailed Analysis of HINGHAM INSTITUTION FOR SAVINGS** [HIFS Guru Analysis](https://www.validea.com/guru-analysis/hifs)[HIFS Fundamental Analysis](https://www.validea.com/factor-report/hifs)**More Information on Martin Zweig** [Martin Zweig Portfolio](https://www.validea.com/martin-zweig)**About Martin Zweig**: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports. **Additional Research Links** [Top Financial Stocks](https://www.validea.com/top-financial-stocks)[Dividend Aristocrats2023](https://www.validea.com/dividend-aristocrats)[Wide Moat Stocks2023](https://www.validea.com/wide-moat-stocks-buffett)[Cheapest Value Stocks2023](https://www.validea.com/cheapest-stocks-value-factor-composite)[Factor-Based Stock Portfolios](https://www.validea.com/portfolios)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 214.7
Stock Price 2 days before: 212.054
Stock Price 1 day before: 212.138
Stock Price at release: 216.199
Risk-Free Rate at release: 0.05275
| 221.031 |
Symbol: ALEX
Security: Alexander & Baldwin, Inc.
Related Stocks/Topics: Markets
Title: ALEX Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:07:00
Article: Below is Validea's guru fundamental report for **ALEXANDER & BALDWIN INC (HAWAII) ([ALEX](https://www.nasdaq.com/market-activity/stocks/ALEX)))**. Of the 22 guru strategies we follow, ALEX rates highest using our [Shareholder Yield Investor](https://www.validea.com/shareholder-yield-investor-portfolio/meb-faber) model based on the published strategy of [Meb Faber](https://www.validea.com/meb-faber). This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown. **ALEXANDER & BALDWIN INC (HAWAII) ([ALEX](https://www.nasdaq.com/market-activity/stocks/ALEX)))** is a small-cap growth stock in the Real Estate Operations industry. The rating using this strategy is 85% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline UNIVERSE: & PASS \\ \hline NET PAYOUT YIELD: & FAIL \\ \hline QUALITY AND DEBT: & PASS \\ \hline VALUATION: & PASS \\ \hline RELATIVE STRENGTH: & PASS \\ \hline SHAREHOLDER YIELD: & FAIL \\ \hline \end{table} **Detailed Analysis of ALEXANDER & BALDWIN INC (HAWAII)** [ALEX Guru Analysis](https://www.validea.com/guru-analysis/alex)[ALEX Fundamental Analysis](https://www.validea.com/factor-report/alex)**More Information on Meb Faber** [Meb Faber Portfolio](https://www.validea.com/meb-faber)**About Meb Faber**: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book "Shareholder Yield" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Factor-Based ETF Portfolios](https://www.validea.com/etf-model-portfolios)[Harry Browne Permanent Portfolio](https://www.validea.com/permanent-portfolio)[Ray Dalio All Weather Portfolio](https://www.validea.com/all-weather-portfolio)[High Shareholder Yield Stocks](https://www.validea.com/shareholder-yield)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 18.7386
Stock Price 2 days before: 18.5517
Stock Price 1 day before: 18.5545
Stock Price at release: 18.8845
Risk-Free Rate at release: 0.05275
| 19.2003 |
Symbol: GETY
Security: Getty Images Holdings, Inc.
Related Stocks/Topics: Markets
Title: GETY Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:07:00
Article: Below is Validea's guru fundamental report for **GETTY IMAGES HOLDINGS INC ([GETY](https://www.nasdaq.com/market-activity/stocks/GETY)))**. Of the 22 guru strategies we follow, GETY rates highest using our [Acquirer's Multiple Investor](https://www.validea.com/acquirer's-multiple-investor-portfolio/tobias-carlisle) model based on the published strategy of [Tobias Carlisle](https://www.validea.com/tobias-carlisle). This deep value model looks for inexpensive stocks that could be potential takeover targets. **GETTY IMAGES HOLDINGS INC ([GETY](https://www.nasdaq.com/market-activity/stocks/GETY)))** is a small-cap stock in the Business Services industry. The rating using this strategy is 47% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline SECTOR: & PASS \\ \hline QUALITY: & PASS \\ \hline ACQUIRER'S MULTIPLE & FAIL \\ \hline \end{table} **Detailed Analysis of GETTY IMAGES HOLDINGS INC** [GETY Guru Analysis](https://www.validea.com/guru-analysis/gety)[GETY Fundamental Analysis](https://www.validea.com/factor-report/gety)**More Information on Tobias Carlisle** [Tobias Carlisle Portfolio](https://www.validea.com/tobias-carlisle)**About Tobias Carlisle**: Tobias Carlisle is a widely recognized expert on deep value investing. He is the author of "The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market" and the founder of Acquirer's Funds. He is also the author of "Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations" and co-author of Quantitative Value: "A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors" Tobias is originally from Australia, where he worked an an analyst at an activist hedge fund and was a lawyer specializing in mergers and acquisitions. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Factor-Based ETF Portfolios](https://www.validea.com/etf-model-portfolios)[Harry Browne Permanent Portfolio](https://www.validea.com/permanent-portfolio)[Ray Dalio All Weather Portfolio](https://www.validea.com/all-weather-portfolio)[High Shareholder Yield Stocks](https://www.validea.com/shareholder-yield)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 4.9042
Stock Price 2 days before: 4.89731
Stock Price 1 day before: 4.89915
Stock Price at release: 4.84889
Risk-Free Rate at release: 0.05275
| 4.7371 |
Symbol: LOCO
Security: El Pollo Loco Holdings, Inc.
Related Stocks/Topics: Markets
Title: LOCO Quantitative Stock Analysis
Type: News
Publication: Validea
Publication Author: John Reese
Date: 2023-07-04 16:07:00
Article: Below is Validea's guru fundamental report for **EL POLLO LOCO HOLDINGS INC ([LOCO](https://www.nasdaq.com/market-activity/stocks/LOCO)))**. Of the 22 guru strategies we follow, LOCO rates highest using our [Price/Sales Investor](https://www.validea.com/price-sales-investor-portfolio/kenneth-fisher) model based on the published strategy of [Kenneth Fisher](https://www.validea.com/kenneth-fisher). This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. **EL POLLO LOCO HOLDINGS INC ([LOCO](https://www.nasdaq.com/market-activity/stocks/LOCO)))** is a small-cap value stock in the Restaurants industry. The rating using this strategy is 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. \begin{table}{|c|c|} \hline PRICE/SALES RATIO: & PASS \\ \hline TOTAL DEBT/EQUITY RATIO: & PASS \\ \hline PRICE/RESEARCH RATIO: & PASS \\ \hline PRICE/SALES RATIO: & PASS \\ \hline LONG-TERM EPS GROWTH RATE: & FAIL \\ \hline FREE CASH PER SHARE: & FAIL \\ \hline THREE YEAR AVERAGE NET PROFIT MARGIN: & PASS \\ \hline \end{table} **Detailed Analysis of EL POLLO LOCO HOLDINGS INC** [LOCO Guru Analysis](https://www.validea.com/guru-analysis/loco)[LOCO Fundamental Analysis](https://www.validea.com/factor-report/loco)**More Information on Kenneth Fisher** [Kenneth Fisher Portfolio](https://www.validea.com/kenneth-fisher)**About Kenneth Fisher**: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink. **Additional Research Links** [Top NASDAQ 100 Stocks](https://www.validea.com/top-nasdaq-100-stocks)[Factor-Based ETF Portfolios](https://www.validea.com/etf-model-portfolios)[Harry Browne Permanent Portfolio](https://www.validea.com/permanent-portfolio)[Ray Dalio All Weather Portfolio](https://www.validea.com/all-weather-portfolio)[High Shareholder Yield Stocks](https://www.validea.com/shareholder-yield)[Excess Returns Investing Podcast](https://www.youtube.com/excessreturns)**About Validea**: Validea is an [investment research](https://www.nasdaq.com/market-activity) service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, [click here](http://www.validea.com/)
Stock Price 4 days before: 8.84945
Stock Price 2 days before: 8.77265
Stock Price 1 day before: 8.78185
Stock Price at release: 8.9923
Risk-Free Rate at release: 0.05275
| 10.2278 |
Symbol: CGC
Security: Canopy Growth Corporation
Related Stocks/Topics: Stocks
Title: Why Canopy Growth Stock’s (TSE:WEED) 52% Rally is Likely a Façade
Type: News
Publication: TipRanks
Publication Author: StockBros Research
Date: 2023-07-04 23:32:00
Article: Canadian cannabis firm Canopy Growth ([TSE:WEED](https://www.tipranks.com/stocks/tse:weed/earnings))) ([NASDAQ:CGC](https://www.nasdaq.com/market-activity/stocks/cgc))) has made multiple announcements regarding plans to boost its financial position by improving liquidity and decreasing debt. That, combined with the stock being oversold, resulted in it gaining over 43% in today's trading session on the TSX and [over 52%](https://www.tipranks.com/stocks/cgc/stock-charts) on the U.S. exchange yesterday (when the Canadian market was closed for holidays).However, is this news enough to sustain the stock's rally? We don't think so and are bearish on the stock. Let's look into the recent developments and analyze the company to see why. [](https://www.tipranks.com/stocks/cgc)****Why Did Canopy Growth Stock Soar?****Canopy Growth has rolled out a business strategy aimed at improving profitability by reducing its debt load by US$188 million and offloading facilities to generate an additional C$150 million in cash. This follows a difficult fiscal year for the firm, which saw [a 21% decrease in revenue, totaling C$402.9 million](https://www.tipranks.com/stocks/tse:weed/financials/income-statement), and a considerable loss of C$3.31 billion. By the end of 2024, the company projects positive earnings before interest, taxes, depreciation, and amortization (EBITDA), excluding its BioSteel business. This suggests a period of potential instability and risk for investors.Also, in a move to strengthen its financial position, Canopy Growth recently wrapped up all the conversions associated with its US$100,000,000 unsecured debentures, initially sold to an institutional investor in early 2023. This measure is part of several actions the company has taken since the start of Fiscal 2023, aimed at bolstering its financial stability and fostering a more profitable environment.As part of these steps, the company has transformed C$263 million worth of unsecured notes, due this month, into equity. The firm is exploring additional strategies to further enhance liquidity and cut down on the amount of cash it's burning through. ****Is This Enough to Stop the Bleeding?****It's nice that Canopy is trying to fix its problems, but management's optimism can't always be relied on. If you look at the numbers, you'll see that Canopy Growth has [a poor track record of meeting analysts' estimates](https://www.tipranks.com/stocks/tse:weed/earnings). Therefore, we wouldn't be surprised if the company doesn't meet its profitability goals in time.Also, Canopy expects EBITDA profitability by the end of 2024, but that's over a year away, and EBITDA profitability isn't "real" profitability (such as net-income profitability). Additionally, Canopy has never been profitable on a [cash-flow](https://www.tipranks.com/stocks/tse:weed/financials/cash-flow) basis, so its business model hasn't been proven yet. Therefore, we aren't so optimistic about Canopy's prospects and would rather wait to see if it can achieve positive cash flow within the next few years before even considering buying. ****Is Canopy Growth Stock a Buy, According to Analysts?****According to analysts, Canopy Growth stock comes in as a Moderate Sell based on three Holds and five Sells assigned in the past three months. Nevertheless, the average [Canopy Growth stock price target](https://www.tipranks.com/stocks/tse:weed/forecast) of C$1.09 implies 41.5% upside potential. If you’re wondering which analyst you should follow if you want to buy and sell Canopy Growth stock, the most accurate analyst covering the stock (on a one-year timeframe) is [John Zamparo](https://www.tipranks.com/experts/analysts/john-zamparo) of CIBC, with an average return of 26.66% per rating and a 64% success rate. Click on the image below to learn more.[](https://www.tipranks.com/stocks/tse:weed/forecast)[Disclosure](https://www.tipranks.com/legal/disclosure-1)
Stock Price 4 days before: 0.390904
Stock Price 2 days before: 0.392847
Stock Price 1 day before: 0.558923
Stock Price at release: 0.58748
Risk-Free Rate at release: 0.05275
| 0.447917 |
Symbol: CRD.B
Security: Crawford & Company
Related Stocks/Topics: Stocks
Title: Crawford & Company B (CRD.B) Gains But Lags Market: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:06:00
Article: Crawford & Company B (CRD.B) closed at $9.40 in the latest trading session, marking a +0.11% move from the prior day. This move lagged the S&P 500's daily gain of 0.12%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 5.14%.Investors will be hoping for strength from Crawford & Company B as it approaches its next earnings release. In that report, analysts expect Crawford & Company B to post earnings of $0.17 per share. This would mark year-over-year growth of 6.25%. Our most recent consensus estimate is calling for quarterly revenue of $315.2 million, up 7.45% from the year-ago period. For the full year, our Zacks Consensus Estimates are projecting earnings of $1.04 per share and revenue of $1.28 billion, which would represent changes of +48.57% and +7.93%, respectively, from the prior year.Any recent changes to analyst estimates for Crawford & Company B should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Crawford & Company B is holding a Zacks Rank of #1 (Strong Buy) right now.Investors should also note Crawford & Company B's current valuation metrics, including its Forward P/E ratio of 9.03. This represents a discount compared to its industry's average Forward P/E of 17.25. The Business - Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 41, which puts it in the top 17% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_555_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116277)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_555&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116277)[Crawford & Company (CRD.B) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CRD.B&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_555&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116277)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116277/crawford-company-b-crd-b-gains-but-lags-market-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116277)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0528
| 0 |
Symbol: NKLA
Security: Nikola Corporation
Related Stocks/Topics: Stocks
Title: Nikola (NKLA) Stock Sinks As Market Gains: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:06:00
Article: In the latest trading session, Nikola (NKLA) closed at $1.37, marking a -0.72% move from the previous day. This move lagged the S&P 500's daily gain of 0.12%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 5.14%.Wall Street will be looking for positivity from Nikola as it approaches its next earnings report date. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $15.21 million, down 16.11% from the year-ago period. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.85 per share and revenue of $150.61 million. These totals would mark changes of +23.42% and +196.34%, respectively, from last year.Investors should also note any recent changes to analyst estimates for Nikola. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.09% higher within the past month. Nikola is currently a Zacks Rank #2 (Buy).The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 75, putting it in the top 30% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_555_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116269)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_555&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116269)[Nikola Corporation (NKLA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=NKLA&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_555&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116269)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116269/nikola-nkla-stock-sinks-as-market-gains-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116269)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 1.38543
Stock Price 2 days before: 1.38647
Stock Price 1 day before: 1.42177
Stock Price at release: 1.37464
Risk-Free Rate at release: 0.0528
| 3.48358 |
Symbol: CRD.A
Security: Crawford & Company
Related Stocks/Topics: Stocks
Title: Crawford (CRD.A) Stock Sinks As Market Gains: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:06:00
Article: Crawford (CRD.A) closed at $11.04 in the latest trading session, marking a -0.45% move from the prior day. This change lagged the S&P 500's daily gain of 0.12%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 5.14%.Crawford will be looking to display strength as it nears its next earnings release. In that report, analysts expect Crawford to post earnings of $0.16 per share. This would mark year-over-year growth of 6.67%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $313.3 million, up 6.8% from the year-ago period. CRD.A's full-year Zacks Consensus Estimates are calling for earnings of $1.13 per share and revenue of $1.27 billion. These results would represent year-over-year changes of +61.43% and +7.1%, respectively.Any recent changes to analyst estimates for Crawford should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Crawford is holding a Zacks Rank of #1 (Strong Buy) right now.In terms of valuation, Crawford is currently trading at a Forward P/E ratio of 9.81. For comparison, its industry has an average Forward P/E of 17.25, which means Crawford is trading at a discount to the group. The Business - Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 41, which puts it in the top 17% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_555_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116275)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_555&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116275)[Crawford & Company (CRD.A) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CRD.A&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_555&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116275)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116275/crawford-crd-a-stock-sinks-as-market-gains-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116275)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0528
| 0 |
Symbol: SCM
Security: Stellus Capital Investment Corporation
Related Stocks/Topics: Stocks
Title: Stellus Capital (SCM) Outpaces Stock Market Gains: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:06:00
Article: Stellus Capital (SCM) closed at $14.23 in the latest trading session, marking a +1.14% move from the prior day. This move outpaced the S&P 500's daily gain of 0.12%. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq gained 5.14%.Stellus Capital will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.46, up 58.62% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $25.71 million, up 59.6% from the prior-year quarter. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.85 per share and revenue of $101.88 million. These totals would mark changes of +34.06% and +35.64%, respectively, from last year.It is also important to note the recent changes to analyst estimates for Stellus Capital. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.3% lower. Stellus Capital is currently sporting a Zacks Rank of #3 (Hold).In terms of valuation, Stellus Capital is currently trading at a Forward P/E ratio of 7.6. This valuation marks a premium compared to its industry's average Forward P/E of 7.19. The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 32, which puts it in the top 13% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_555_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116282)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_555&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116282)[Stellus Capital Investment Corporation (SCM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SCM&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_555&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116282) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116282/stellus-capital-scm-outpaces-stock-market-gains-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v3-2116282)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 14.1157
Stock Price 2 days before: 14.1109
Stock Price 1 day before: 14.2416
Stock Price at release: 14.347
Risk-Free Rate at release: 0.0528
| 14.8974 |
Symbol: GSBD
Security: Goldman Sachs BDC, Inc.
Related Stocks/Topics: Stocks
Title: Goldman Sachs BDC (GSBD) Outpaces Stock Market Gains: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:12:00
Article: Goldman Sachs BDC (GSBD) closed the most recent trading day at $13.88, moving +0.14% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.12%. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq gained 5.14%.Wall Street will be looking for positivity from Goldman Sachs BDC as it approaches its next earnings report date. Our most recent consensus estimate is calling for quarterly revenue of $109.16 million, up 40.94% from the year-ago period. For the full year, our Zacks Consensus Estimates are projecting earnings of $2.08 per share and revenue of $435.05 million, which would represent changes of -7.14% and +21.7%, respectively, from the prior year.Investors should also note any recent changes to analyst estimates for Goldman Sachs BDC. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Goldman Sachs BDC is currently sporting a Zacks Rank of #3 (Hold).In terms of valuation, Goldman Sachs BDC is currently trading at a Forward P/E ratio of 6.65. For comparison, its industry has an average Forward P/E of 7.19, which means Goldman Sachs BDC is trading at a discount to the group. The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 32, which puts it in the top 13% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_554_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116260)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_554&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116260)[Goldman Sachs BDC, Inc. (GSBD) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=GSBD&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_554&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116260) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116260/goldman-sachs-bdc-gsbd-outpaces-stock-market-gains-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116260)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 13.8744
Stock Price 2 days before: 13.931
Stock Price 1 day before: 13.8756
Stock Price at release: 13.8219
Risk-Free Rate at release: 0.0528
| 14.1668 |
Symbol: ATRO
Security: Astronics Corporation
Related Stocks/Topics: Stocks
Title: Astronics Corporation (ATRO) Outpaces Stock Market Gains: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:12:00
Article: Astronics Corporation (ATRO) closed at $19.96 in the latest trading session, marking a +0.5% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.12%. Elsewhere, the Dow gained 0.03%, while the tech-heavy Nasdaq added 5.14%.Investors will be hoping for strength from Astronics Corporation as it approaches its next earnings release. In that report, analysts expect Astronics Corporation to post earnings of -$0.08 per share. This would mark year-over-year growth of 76.47%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $166.66 million, up 29.06% from the year-ago period. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.10 per share and revenue of $662.88 million. These totals would mark changes of +92.81% and +23.93%, respectively, from last year.Any recent changes to analyst estimates for Astronics Corporation should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Astronics Corporation is holding a Zacks Rank of #4 (Sell) right now.The Aerospace - Defense Equipment industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 112, putting it in the top 45% of all 250+ industries. The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_554_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116265)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_554&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116265)[Astronics Corporation (ATRO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ATRO&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_554&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116265)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116265/astronics-corporation-atro-outpaces-stock-market-gains-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116265)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 19.8715
Stock Price 2 days before: 19.9506
Stock Price 1 day before: 19.8166
Stock Price at release: 19.8338
Risk-Free Rate at release: 0.0528
| 20.7588 |
Symbol: BBAI
Security: BigBear.ai Holdings, Inc.
Related Stocks/Topics: Stocks
Title: BigBear.ai Holdings, Inc. (BBAI) Outpaces Stock Market Gains: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:12:00
Article: BigBear.ai Holdings, Inc. (BBAI) closed at $2.39 in the latest trading session, marking a +1.7% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.12%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 5.14%.Wall Street will be looking for positivity from BigBear.ai Holdings, Inc. as it approaches its next earnings report date. In that report, analysts expect BigBear.ai Holdings, Inc. to post earnings of -$0.07 per share. This would mark year-over-year growth of 84.44%. Meanwhile, our latest consensus estimate is calling for revenue of $39.31 million, up 4.53% from the prior-year quarter. For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.36 per share and revenue of $165.29 million, which would represent changes of +62.11% and +6.63%, respectively, from the prior year.Investors should also note any recent changes to analyst estimates for BigBear.ai Holdings, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. BigBear.ai Holdings, Inc. is holding a Zacks Rank of #4 (Sell) right now.The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 94, putting it in the top 38% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow BBAI in the coming trading sessions, be sure to utilize Zacks.com. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_554_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116255)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_554&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116255)[BigBear.ai Holdings, Inc. (BBAI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BBAI&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_554&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116255)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116255/bigbear-ai-holdings-inc-bbai-outpaces-stock-market-gains-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v2-2116255)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 0.317963
Stock Price 2 days before: 2.35524
Stock Price 1 day before: 0.347929
Stock Price at release: 2.39156
Risk-Free Rate at release: 0.0528
| 2.02555 |
Symbol: PLYA
Security: Playa Hotels & Resorts N.V.
Related Stocks/Topics: Stocks
Title: Playa Hotels & Resorts (PLYA) Outpaces Stock Market Gains: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:20:00
Article: Playa Hotels & Resorts (PLYA) closed at $8.19 in the latest trading session, marking a +0.61% move from the prior day. This change outpaced the S&P 500's 0.12% gain on the day. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 5.14%.Playa Hotels & Resorts will be looking to display strength as it nears its next earnings release. In that report, analysts expect Playa Hotels & Resorts to post earnings of $0.34 per share. This would mark year-over-year growth of 126.67%. Our most recent consensus estimate is calling for quarterly revenue of $236.86 million, up 7.04% from the year-ago period. For the full year, our Zacks Consensus Estimates are projecting earnings of $0.53 per share and revenue of $944.55 million, which would represent changes of +6% and +10.31%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for Playa Hotels & Resorts. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 9.6% lower within the past month. Playa Hotels & Resorts is holding a Zacks Rank of #3 (Hold) right now.In terms of valuation, Playa Hotels & Resorts is currently trading at a Forward P/E ratio of 15.26. For comparison, its industry has an average Forward P/E of 20.26, which means Playa Hotels & Resorts is trading at a discount to the group. Also, we should mention that PLYA has a PEG ratio of 4.45. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. PLYA's industry had an average PEG ratio of 1.88 as of yesterday's close.The Hotels and Motels industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 94, putting it in the top 38% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_520_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v1-2116236)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_520&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v1-2116236)[Playa Hotels & Resorts N.V. (PLYA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=PLYA&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_520&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v1-2116236) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116236/playa-hotels-resorts-plya-outpaces-stock-market-gains-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v1-2116236)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 8.22594
Stock Price 2 days before: 8.14419
Stock Price 1 day before: 8.19469
Stock Price at release: 8.20502
Risk-Free Rate at release: 0.0528
| 7.49974 |
Symbol: AMC
Security: AMC Entertainment Holdings, Inc.
Related Stocks/Topics: Stocks
Title: AMC Entertainment (AMC) Outpaces Stock Market Gains: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:20:00
Article: In the latest trading session, AMC Entertainment (AMC) closed at $4.44, marking a +0.91% move from the previous day. This move outpaced the S&P 500's daily gain of 0.12%. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq gained 5.14%.Wall Street will be looking for positivity from AMC Entertainment as it approaches its next earnings report date. The company is expected to report EPS of -$0.17, up 29.17% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.26 billion, up 8.04% from the year-ago period. For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.37 per share and revenue of $4.46 billion, which would represent changes of +60.22% and +13.96%, respectively, from the prior year.Any recent changes to analyst estimates for AMC Entertainment should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. AMC Entertainment is currently a Zacks Rank #3 (Hold).The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 67, which puts it in the top 27% of all 250+ industries. The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_520_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v1-2116231)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_520&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v1-2116231)[AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AMC&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_520&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v1-2116231) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116231/amc-entertainment-amc-outpaces-stock-market-gains-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6v1-2116231)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 4.28589
Stock Price 2 days before: 4.33176
Stock Price 1 day before: 4.52632
Stock Price at release: 4.4292
Risk-Free Rate at release: 0.0528
| 4.91493 |
Symbol: EGY
Security: VAALCO Energy, Inc.
Related Stocks/Topics: Stocks
Title: Vaalco Energy (EGY) Outpaces Stock Market Gains: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:25:00
Article: In the latest trading session, Vaalco Energy (EGY) closed at $3.83, marking a +1.86% move from the previous day. This move outpaced the S&P 500's daily gain of 0.12%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 5.14%.Wall Street will be looking for positivity from Vaalco Energy as it approaches its next earnings report date. On that day, Vaalco Energy is projected to report earnings of $0.17 per share, which would represent a year-over-year decline of 67.31%. Meanwhile, our latest consensus estimate is calling for revenue of $111.74 million, up 0.68% from the prior-year quarter. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.88 per share and revenue of $458.63 million. These totals would mark changes of -40.94% and +29.44%, respectively, from last year.Investors might also notice recent changes to analyst estimates for Vaalco Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Vaalco Energy currently has a Zacks Rank of #5 (Strong Sell).Digging into valuation, Vaalco Energy currently has a Forward P/E ratio of 4.27. This valuation marks a no noticeable deviation compared to its industry's average Forward P/E of 4.27. The Oil and Gas - Exploration and Production - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 177, which puts it in the bottom 30% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow EGY in the coming trading sessions, be sure to utilize Zacks.com. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_515_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6-2116215)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_515&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6-2116215)[Vaalco Energy Inc (EGY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=EGY&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_515&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6-2116215)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116215/vaalco-energy-egy-outpaces-stock-market-gains-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6-2116215)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 3.78562
Stock Price 2 days before: 3.87516
Stock Price 1 day before: 3.84845
Stock Price at release: 3.90994
Risk-Free Rate at release: 0.0528
| 4.29711 |
Symbol: UUUU
Security: Energy Fuels Inc.
Related Stocks/Topics: Stocks
Title: Energy Fuels (UUUU) Stock Sinks As Market Gains: What You Should Know
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:25:00
Article: In the latest trading session, Energy Fuels (UUUU) closed at $6.13, marking a -1.76% move from the previous day. This change lagged the S&P 500's 0.12% gain on the day. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 5.14%.Energy Fuels will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.53, up 581.82% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1 million, down 84.54% from the prior-year quarter. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.59 per share and revenue of $40.75 million. These totals would mark changes of +255.26% and +225.61%, respectively, from last year.It is also important to note the recent changes to analyst estimates for Energy Fuels. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.72% higher. Energy Fuels is currently sporting a Zacks Rank of #3 (Hold).In terms of valuation, Energy Fuels is currently trading at a Forward P/E ratio of 10.58. This valuation marks a discount compared to its industry's average Forward P/E of 16.97. The Mining - Non Ferrous industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 168, which puts it in the bottom 34% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow UUUU in the coming trading sessions, be sure to utilize Zacks.com. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_515_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6-2116214)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_515&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6-2116214)[Energy Fuels Inc (UUUU) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=UUUU&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_515&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6-2116214)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116214/energy-fuels-uuuu-stock-sinks-as-market-gains-what-you-should-know?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_6-2116214)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 6.19618
Stock Price 2 days before: 6.21004
Stock Price 1 day before: 6.17003
Stock Price at release: 6.09
Risk-Free Rate at release: 0.0528
| 6.08313 |
Symbol: SFIX
Security: Stitch Fix, Inc.
Related Stocks/Topics: Markets|TPR|ANF|URBN
Title: 4 Retail-Apparel & Shoe Stocks With Potential Amid Industry Woes
Type: News
Publication: Zacks
Publication Author: Sumit Singh
Date: 2023-07-05 01:33:00
Article: Players in the Zacks [Retail - Apparel And Shoes](https://www.zacks.com/stocks/industry-rank/industry/retail-aparel-and-shoes-154) industry have been facing several challenges that are impacting growth and profitability. A tough operating environment, lower discretionary spending due to an overall inflationary landscape and a higher interest rate environment have cooled demand.To navigate troubled waters, industry participants have been directing resources toward digital platforms, accelerating fleet optimization and augmenting the supply chain. Retailers have been focusing on the superior product strategy, the advancement of omnichannel capabilities, prudent capital investments and greater customer reach. Backed by these initiatives, companies like **Tapestry**, **Inc.** [TPR](https://www.nasdaq.com/market-activity/stocks/tpr), **Urban Outfitters, Inc.** [URBN](https://www.nasdaq.com/market-activity/stocks/urbn), **Abercrombie & Fitch Co.** [ANF](https://www.nasdaq.com/market-activity/stocks/anf) and **Stitch Fix, Inc.** [SFIX](https://www.nasdaq.com/market-activity/stocks/sfix) are better placed. **About the Industry** The Zacks Retail - Apparel And Shoes industry comprises companies that offer apparel, footwear, accessories, intimates and beauty products, as well as fitness and lifestyle products for use in yoga, training and sports under various brands in domestic and international markets. Quite a few players offer bag collections, including business cases, computer bags and backpacks, leather goods, such as wallets, card cases, travel organizers and belts, and watches, sunglasses, fragrances and ready-to-wear as well as cold-weather accessories. Markedly, companies showcase products to customers directly through their branded retail stores, mobile applications, catalogs and websites. Some industry participants also provide products via department stores, specialty retailers, third-party e-commerce sites and franchisees who operate brand-dedicated stores. **4 Key Trends to Watch in the Retail - Apparel And Shoes Industry****Pressure on Margins to Linger:** The industry is quite fragmented, with companies vying for a bigger slice of the pie on attributes, such as price, products and speed to market. To address these, a significant number of players in the industry have been investing in strengthening their digital ecosystem and delivery capabilities. While these endeavors bolster sales, they entail high costs. Apart from these, higher marketing, advertising and other store-related expenses might compress margins. Of late, the industry participants have been dealing with product cost inflation. Nonetheless, companies have been focusing on undertaking initiatives to mitigate cost-related challenges. These include streamlining operational structures, optimizing supply networks and adopting effective pricing policies. **Soft Consumer Activity May Hit Revenues:**Elevating prices and geopolitical concerns continue to pose a threat to consumer spending activity. Undoubtedly, the industry’s prospects are correlated with the purchasing power of consumers. Rising prices have been discomforting family budgets. The Fed’s aggressive rate hikes to tame inflation also made things tough for consumers by squeezing disposable income. Consequently, the demand has softened. Per the Commerce Department, sales at clothing & clothing accessories outlets declined 0.2% year over year in May. **Brand Enhancement, Capital Discipline:** Industry participants have been focusing on deepening engagements with consumers, creating innovative and compelling products and enhancing digital and data analytics capabilities. The launch of newer styles, customization options and refreshed store environments enable them to woo shoppers. Efforts to enhance the brand portfolio via marketing strategies, buyouts, innovations and alliances are likely to keep supporting players in the space. The companies have been taking steps to strengthen their financial position. They have been making every move, from managing the inventory and closing underperforming stores to optimizing capital expenditures and enhancing operational efficiency. **Diversification & Digitization Key to Growth:** With the change in consumer shopping patterns and behavior, industry participants have been playing dual in-store and online roles. They are building an omnichannel, coming up with loyalty and marketing programs, enhancing the supply chain and providing faster delivery options, be it doorstep delivery, curbside pickup or buy online and pick up at a store, which are worth mentioning. Simultaneously, companies are investing in renovation, improved checkouts and mobile point-of-sale capabilities to keep stores relevant. Keeping in mind consumers’ product preferences and growing inclination toward online shopping, companies have been replenishing shelves with in-demand merchandise and ramping up investments in digitization. **Zacks Industry Rank Indicates Bleak Prospects** The Zacks Retail - Apparel And Shoes industry is a group within the broader Zacks [Retail – Wholesale](https://www.zacks.com/stocks/industry-rank/sector/retail-wholesale-3) sector. The industry currently carries a Zacks Industry Rank #201, which places it in the bottom 20% of more than 250 Zacks industries.The group’s [Zacks Industry Rank](https://www.zacks.com/stocks/industry-rank/industries/), which is basically the average of the Zacks Rank of all the member stocks, indicates drab near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. The industry’s positioning in the bottom 50% of the Zacks-ranked industries is a result of the negative earnings outlook for the constituent companies in aggregate.Looking at the aggregate earnings estimate revisions, it appears that analysts are losing confidence in this group’s earnings growth potential. Since the beginning of January 2023, the industry’s earnings estimate has declined 29.5%.Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture. **Industry vs. Broader Market** The Zacks Retail - Apparel And Shoes industry has underperformed the broader Zacks Retail – Wholesale sector and the Zacks S&P 500 composite over the past year.The industry has advanced 5.1% over this period compared with the S&P 500’s increase of 16.5%. Meanwhile, the broader sector has risen 10.7%. **One-Year Price Performance** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/one%20year%20price%20performance(3).jpg)**Industry's Current Valuation** On the basis of forward 12-month price-to-earnings (P/E), which is commonly used for valuing retail stocks, the industry is currently trading at 14.8X compared with the S&P 500’s 19.68X and the sector’s 23.07X.Over the last five years, the industry has traded as high as 118.66X and as low as 8.8X, with the median being at 14.8X, as the chart below shows. **Price-to-Earnings Ratio (Past 5 Years)**** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/price%20to%20earnings(12).jpg)****4 Stocks Worth Considering** **Urban Outfitters:** This leading lifestyle product and services company seems a promising bet due to its solid business strategies and sound fundamentals. Management has been strengthening its direct-to-consumer business, enhancing productivity across existing channels and optimizing inventory levels. URBN’s strategic growth initiative, FP Movement and store-growth endeavors are also impressive.The Zacks Consensus Estimate for Urban Outfitters’ current-fiscal sales and earnings per share (EPS) suggests growth of 5.1% and 57.1%, respectively, from the year-ago reported figure. It has an estimated long-term earnings growth rate of 18%. Shares of this Zacks Rank #1 (Strong Buy) company have risen 73.8% in the past year. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**. **Price and Consensus: URBN** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/urbn(1).jpg)**Abercrombie & Fitch:** The company has been making strategic investments in stores, digital and technology to drive top-and-bottom-line growth. The company also remains on track with its 2025 Always Forward Plan. Moreover, a strong balance sheet allows it to navigate the current macroeconomic environment.This leading, global, omnichannel specialty retailer of apparel and accessories for men, women and kids delivered a trailing four-quarter earnings surprise of 480.6%, on average. The Zacks Consensus Estimate for Abercrombie & Fitch’s current financial-year sales and EPS suggests growth of 3.4% and 732%, respectively, from the year-ago period. Shares of this Zacks Rank #1 company have zoomed 119.3% in the past year. **Price and Consensus: ANF** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/anf(16).jpg)**Stitch Fix:** Stitch Fix is revolutionizing the fashion industry with its unique data-driven approach to personal styling. The company curates personalized fashion selections for its customers. With a loyal customer base and impressive growth, Stitch Fix has established itself as a leader in the online styling space. The company's ability to combine technology, data analytics and human expertise sets it apart from traditional retailers. As the demand for personalized fashion experiences continues to grow, Stitch Fix presents an enticing investment opportunity with its innovative business model and potential for long-term success.The Zacks Consensus Estimate for Stitch Fix’s current-fiscal bottom line suggests growth of 9.6% from the year-ago reported figure. SFIX has a trailing four-quarter earnings surprise of 7.7%, on average. Shares of this Zacks Rank #2 (Buy) company have decreased 21.5% in the past year. **Price and Consensus: SFIX** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/sfix(2).jpg)**Tapestry:** The company's ability to adapt to changing consumer preferences and leverage its portfolio of iconic brands, including Coach, Kate Spade and Stuart Weitzman, has been the key to its success. The company's commitment to innovation and product diversification positions it well to capitalize on evolving trends. Moreover, Tapestry has been harnessing the power of the direct-to-consumer business model.Tapestry has a trailing four-quarter earnings surprise of 11.7%, on average. It has an estimated long-term earnings growth rate of 12.5%. Shares of this Zacks Rank #3 (Hold) company have rallied 38.8% in the past year. **Price and Consensus: TPR** [Image](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/tpr(3).jpg)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_INDUSTRYOUTLOOK_IND_07032023&cid=CS-NASDAQ-FT-industry_outlook-2116122)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2116122)[Tapestry, Inc. (TPR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=TPR&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2116122)[Abercrombie & Fitch Company (ANF) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ANF&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2116122)[Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=URBN&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2116122)[Stitch Fix, Inc. (SFIX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=SFIX&ADID=SYND_NASDAQ_TCK_INDUSTRYOUTLOOK&cid=CS-NASDAQ-FT-industry_outlook-2116122)[To read this article on Zacks.com click here.](https://www.zacks.com/commentary/2116122/4-retail-apparel-shoe-stocks-with-potential-amid-industry-woes?cid=CS-NASDAQ-FT-industry_outlook-2116122)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 3.8372
Stock Price 2 days before: 3.87352
Stock Price 1 day before: 4.18978
Stock Price at release: 4.21675
Risk-Free Rate at release: 0.0528
| 4.72194 |
Symbol: LGND
Security: Ligand Pharmaceuticals Incorporated
Related Stocks/Topics: Stocks|NVS|ABBV|BLCO
Title: Novartis (NVS) to Divest Xiidra, SAF312 to Streamline Focus
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:33:00
Article: **Novartis** [NVS](https://www.nasdaq.com/market-activity/stocks/nvs), a leading pharmaceutical company, recently made a strategic decision to divest its “front of eye” ophthalmology assets to **Bausch + Lomb** [BLCO](https://www.nasdaq.com/market-activity/stocks/blco), a global eye health company.Xiidra, the first approved prescription treatment for dry eye disease, and SAF312, a first-in-class therapy for chronic ocular surface pain (COSP), are pivotal assets included in the transaction. Novartis has signed an agreement with Bausch + Lomb to transfer Xiidra and SAF312 (libvatrep) for $2.5 billion. This deal comprises $1.75 billion in upfront cash, along with additional milestone payments.The agreement also grants Bausch + Lomb rights to the AcuStream delivery device for dry eye indications and OJL332, a second-generation TRPV1 antagonist in pre-clinical development.Novartis will be entitled to milestone payments of up to $750 million based on the anticipated future sales of Xiidra, SAF312, and OJL332.This transaction further advances Novartis' business strategy to focus on core drugs.While divesting its ophthalmology assets, Novartis remains committed to its research and development efforts in addressing retinal diseases. The company will leverage advanced technology platforms, such as gene therapy and optogenetics, to further advance its work in this therapeutic area. The deal will close in the second half of 2023.Bausch + Lomb is a subsidiary of Bausch Health Companies Inc.Shares of Novartis have gained 11.2% in the year so far compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/large-cap-pharmaceuticals-225)’s 2.2% growth.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/5d/46163.jpg?v=1530605859) Image Source: Zacks Investment ResearchIn addition, Novartis presented new long-term data from the open-label extension study, ALITHIOS, at the European Academy of Neurology (EAN) Annual Meeting. The data showed the sustained efficacy of continuous treatment with Kesimpta (ofatumumab) over five years in patients with relapsing forms of multiple sclerosis (RMS). The study demonstrated that patients treated with Kesimpta experienced significantly reduced relapse rates, fewer MRI lesions and high rates of no evidence of disease activity (NEDA-3). Notably, patients who switched from teriflunomide to Kesimpta also experienced pronounced reductions in relapse rates and MRI lesions. The number of patients achieving NEDA-3 substantially increased after the switch to Kesimpta.These impressive five-year efficacy data, combined with Kesimpta's well-tolerated safety profile, continue to support its favorable benefit-risk profile for RMS patients.Novartis’ performance in the first quarter was better than expected, as earnings and sales beat estimates. It also raised its annual guidance. This boosted investors’ sentiment and increased its share price.While the older drugs face generic competition, the continued strong performance of Entresto, Pluvicto, Kesimpta and Kisqali has been fueling growth. Pluvicto and Scemblix saw very strong launches and recorded solid sales. Demand for Pluvicto continues to exceed supply in the United States. The Leqvio launch continues to progress well. **Zacks Rank and Stocks to Consider** Novartis currently carries a Zacks Rank #2 (Buy). Some top-ranked stocks in the healthcare sector are **Ligand Pharmaceuticals** [LGND](https://www.nasdaq.com/market-activity/stocks/lgnd) and **AbbVie** [ABBV](https://www.nasdaq.com/market-activity/stocks/abbv). While Ligand currently sports a Zacks Rank #1 (Strong Buy), AbbVie carries the same rank as Novartis. You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**.Over the past 30 days, earnings estimates for LGND have increased by $1.09 to $5.25. LGND topped earnings estimates in two of the last four quarters and missed in the remaining two, the average surprise being 21.50%.Over the past 60 days, earnings estimates for ABBV have increased by 3 cents to $10.99 for 2023. ABBV surpassed estimates in all the trailing four quarters, the average surprise being 1.78%.Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_256_07032023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116129)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116129)[Novartis AG (NVS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NVS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116129)[Ligand Pharmaceuticals Incorporated (LGND) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=LGND&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116129)[AbbVie Inc. (ABBV) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ABBV&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116129)[Bausch + Lomb Corporation (BLCO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BLCO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116129) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116129/novartis-nvs-to-divest-xiidra-saf312-to-streamline-focus?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116129)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 72.2283
Stock Price 2 days before: 72.5335
Stock Price 1 day before: 72.6111
Stock Price at release: 72.5193
Risk-Free Rate at release: 0.0528
| 66.955 |
Symbol: PSFE
Security: Paysafe Limited
Related Stocks/Topics: Stocks|V|FIS|RELY
Title: Will Fidelity National (FIS) Divest Majority Stake in Worldpay?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:33:00
Article: **Fidelity National Information Services, Inc. **’s [FIS](https://www.nasdaq.com/market-activity/stocks/fis) Worldpay business has garnered acquisition interests from private equity groups, per Financial Times. The private entities are looking for an opportunity to purchase a majority stake in the Worldpay unit.Per the report, a potential bid might put a valuation of more than $15 billion for the unit. The entities looking to offer a suitable bid include the private equity investor, Advent, which was part of a consortium that owned the payments provider business earlier. The Chicago-based private equity company, GTCR, is also expected to be on the list of potential buyers. This February, Fidelity National announced that it was planning to spin off its Merchant Solutions business, which includes the Worldpay business. FIS stated that the tax-free spin-off would create more value for shareholders. The Merchant Solutions unit contributed 32.9% to revenues last year. Fidelity National bought Worldpay in 2019 through a deal valued at around $43 billion, including debt.The idea of a spin-off surfaced during an assessment of Fidelity National’s business, operations, strategy and structure. FIS expects the move to improve both the companies’ performances and simplify operations. The company plans to maintain a commercial relationship following the move.In the first quarter, Merchant Solutions’ revenues were recorded at $1,105 million, which dropped 1% year over year. However, organic revenue growth came in at 2%. The adjusted EBITDA margin deteriorated 350 bps year over year to 43.5% in the first quarter due to a lower-margin revenue mix. Following the separation, the unit is likely to be named Worldpay. **Price Performance** Shares of Fidelity have rallied 3.3% in the past three months compared with the 5.1% rise of the [industry](https://www.zacks.com/stocks/industry-rank/industry/financial-transaction-services-282).[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/ff/46178.jpg?v=596080045) Image Source: Zacks Investment Research **Zacks Rank & Key Picks** Fidelity currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader [Business Services](https://www.zacks.com/stocks/industry-rank/sector/business-services-16) space are **Visa Inc.** [V](https://www.nasdaq.com/market-activity/stocks/v), **Paysafe Limited** [PSFE](https://www.nasdaq.com/market-activity/stocks/psfe) and **Remitly Global, Inc.** [RELY](https://www.nasdaq.com/market-activity/stocks/rely), each carrying a Zacks Rank #2 (Buy) at present. You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) [.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) Headquartered in San Francisco, Visa is a global payments technology giant. The Zacks Consensus Estimate for Visa’s current-year earnings indicates a 14.4% year-over-year increase.London-based Paysafe is a digital commerce solutions provider for different businesses. The Zacks Consensus Estimate for PSFE’s 2023 earnings has improved more than 240% in the past 60 days.Based in Seattle, WA, Remitly Global is a digital financial services provider. The Zacks Consensus Estimate for RELY’s 2023 earnings suggests 7.4% year-over-year growth. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_255_07032023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116180)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116180)[Visa Inc. (V) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=V&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116180)[Fidelity National Information Services, Inc. (FIS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=FIS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116180)[Remitly Global, Inc. (RELY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=RELY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116180)[Paysafe Limited (PSFE) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=PSFE&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116180)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116180/will-fidelity-national-fis-divest-majority-stake-in-worldpay?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116180)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 0.517021
Stock Price 2 days before: 10.2729
Stock Price 1 day before: 0.516575
Stock Price at release: 10.2944
Risk-Free Rate at release: 0.0528
| 6.09326 |
Symbol: EZPW
Security: EZCORP, Inc.
Related Stocks/Topics: Stocks|DFS|ENVA|PRG
Title: Discover (DFS) Introduces Investment Fund for Tech-Startups
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:33:00
Article: **Discover Financial Services** [DFS](https://www.nasdaq.com/market-activity/stocks/dfs) launched the Discover Financial Health Improvement Fund to support startups and early-stage technology companies aiming to improve financial health. The company has agreed to commit $36 million to this fund.This move bodes well for Discover Financial, which is determined to help low-income and moderate-income businesses and communities. Per PYMNTS research, 16% of higher-income consumers faced financial problems, which increased 45% year over year. Small businesses also depend on cash and inappropriate financial products for emergencies. Per the report, 17% of companies had no cash cushion to cover emergencies. Discover Financial will work with Financial Health Network, ResilienceVC and Chartline Capital. Financial Health Network will assist the investment fund in assessing the startups potential to be financially strong in the future. ResilienceVC and Chartline Capital are venture capital firms which will manage Discover Financial’s early-stage and later-stage investments.With this mission-oriented fund, Discover Financial aims to support budding entrepreneurs who are at the forefront of helping low-income and moderate-income group communities. These startups are expected to cater people with affordable and appropriate products saving them from high-interest costs and financial difficulties. **Price Performance** Discover Financial’s shares have gained 18.5% in the past three months compared with a 15.9% rise of the [industry](https://www.zacks.com/stocks/industry-rank/industry/financial-consumer-loans-61).[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/01/46177.jpg?v=1590885539) Image Source: Zacks Investment Research** Zacks Rank & Other Key Picks** Discover Financial currently has a Zacks Rank #2 (Buy). Some other top-ranked stocks from the Consumer Loans space are **EZCORP, Inc.** [EZPW](https://www.nasdaq.com/market-activity/stocks/ezpw), **Enova International, Inc.** [ENVA](https://www.nasdaq.com/market-activity/stocks/enva) and **PROG Holdings, Inc. ** [PRG](https://www.nasdaq.com/market-activity/stocks/prg). EZCORP and Enova International sport a Zacks Rank #1 (Strong Buy), while PROG Holdings carries a Zacks Rank #2. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**. **The Zacks Consensus Estimate for EZCORP 2023 revenues indicates 15.6% year-over-year growth. The consensus mark for 2023 earnings suggests 13.3% year-over-year growth.The bottom line of EZPW outpaced the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 71.7%.The Zacks Consensus Estimate for ENVA 2023 revenues indicates 15.8% year-over-year growth. The consensus mark for 2023 earnings suggests 11% year-over-year growth.The bottom line of ENVA outpaced the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 8%. The Zacks Consensus Estimate for PROG Holdings 2023 earnings suggests 3.5% year-over-year growth.The bottom line of PRG outpaced the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 27.5%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_255_07032023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[Discover Financial Services (DFS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=DFS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[EZCORP, Inc. (EZPW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=EZPW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[Enova International, Inc. (ENVA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ENVA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[Aaron's Holdings Company, Inc. (PRG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=PRG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116175/discover-dfs-introduces-investment-fund-for-tech-startups?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 8.38659
Stock Price 2 days before: 8.4221
Stock Price 1 day before: 8.39585
Stock Price at release: 8.35697
Risk-Free Rate at release: 0.0528
| 9.43947 |
Symbol: INMD
Security: InMode Ltd.
Related Stocks/Topics: Investing|V|VRSN
Title: 3 Top-Tier Stocks Trading at Historical Discounts
Type: News
Publication: Zacks
Publication Author: Ethan Feller
Date: 2023-07-05 01:33:00
Article: Investing in high-quality businesses trading at historical discounts is a prudent strategy with the potential for market-beating returns. In this article, we will explore three such exceptional stocks that not only exhibit compelling valuations but also possess top Zacks Ranks, enhancing their near-term prospects.VisaV, renowned for its dominant position in the global financial services industry, InModeINMD, a leading player in the rapidly expanding medical aesthetics market, and VeriSignVRSN, a trusted provider of domain name registry services, all demonstrate robust business fundamentals, a track record of growing earnings, and competitive advantages within their respective sectors. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/f4/46184.jpg?v=2033555728) Image Source: Zacks Investment Research** Visa** Visa is the world’s leader in in credit card transactions. Visa currently processes 61% of all card based transactions in the US and 40% worldwide making it the world’s largest card processor by transaction volume.The company essentially enjoys a tax on all credit card-based purchases thanks to its incredible network. And though Visa has built out deep penetration into the world’s payment solutions, there is still plenty of room to grow. Internationally, cash is still the most popular method of payment for point-of-sale transactions at 59%, so Visa has room before the market is saturated.Visa has a Zacks Rank #2 (Buy), indicating upward trending earnings revisions. Current quarter earnings are projected to grow just 1% YoY, however FY23 earnings are expected to climb 14.4% YoY.Because of Visa’s exceptional business economics, 99% gross margins and 50% net margins, as well as industry dominance and steady earnings growth, its stock has enjoyed enviable performance. Over the last ten years it has compounded at an annual rate of 18%, far outperforming the broad market. However, in the performance chart below, we can see that the steady climb higher has slowed, and over the last three years the stock has made little progress. This creates a great opportunity for discerning investors as its valuation has had the opportunity to moderate, since the stock price has stagnated while earnings have continued to grow.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/78/46181.jpg?v=1397535399) Image Source: Zacks Investment ResearchVisa is now trading at a one-year forward earnings multiple of 27.7x, which is below its five-year median of 30.5x and well off its high valuation of 45x. While almost 28x forward earnings isn’t a screaming discount, great companies like V rarely go on sale, so now is as good an opportunity as any.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/9f/46182.jpg?v=1409875157) Image Source: Zacks Investment Research** InMode** InMode is an industry leading medical technology company growing at an impressive pace. INMD has developed a diverse portfolio of minimally invasive and non-invasive devices offering innovative solutions for body contouring, skin rejuvenation, facial treatments, and women's health. By combining radiofrequency, laser, and other energy-based technologies, InMode delivers effective and customizable procedures, earning recognition among physicians worldwide. During 2022, INMD stock experienced a brutal correction of nearly -80%, however the stock has still compounded at an annual rate of 55% since its IPO.InMode has grown sales from $100 million in 2018 to nearly $500 million today, and that growth is expected to continue. FY23 sales are projected to grow 18% YoY and FY24 are expected to grow 16.4% YoY.Earnings estimates have begun to experience revisions higher giving InMode a Zacks Rank #2 (Buy). FY23 earnings estimates have been revised higher by 2% and are projected to grow 12% YoY to $2.71 per share. FY24 earnings estimates have been revised higher by 1.5% and are expected to grow 13.7% YoY to $3.06 per share.Along with many other high-growth stocks, INMD experienced a painful 2022 correction. Now a year after the lows, the stock has built out a large base, from which it can begin a new bull sequence.InMode stock has bumped into selling every time the stock has traded up to the $37.50 level. But the more a level gets tested, the more likely it is to fail. If the price can trade above the $37.50 level again, it may propel the stock significantly higher. Alternatively, if it loses the $35 level, it may take some time before the next bull run. [TradingView](https://staticx-tuner.zacks.com/images/articles/charts/6d/46180.jpg?v=1625997200) Image Source: TradingViewThe 2022 correction has also brought INMD down to a very appealing valuation. It is now trading at a one-year forward earnings multiple of 15.4x, which is below the industry average of 24.4x, and well below its three-year median of 31x. As a company growing at such a pace, and with the technical chart pattern as a catalyst, InMode may be setting up for a big move.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/3c/46179.jpg?v=380269234) Image Source: Zacks Investment Research** VeriSign** VeriSign is a trusted provider of domain name registry services, playing a critical role in the functioning of the internet. As the exclusive operator of the .com and .net domain registries, VeriSign ensures the secure and reliable resolution of millions of internet domain names globally. With its robust infrastructure and expertise in managing domain name systems, VeriSign maintains the stability, security, and availability of these vital online assets.The company's strategic position and long-term contracts with ICANN (Internet Corporation for Assigned Names and Numbers) provide a solid foundation for sustainable revenue generation. As internet usage and digital transformation continue to expand, VeriSign stands to benefit from the growing demand for domain names and the increased importance of online presence. VeriSign is a Zacks Rank #1 (Strong Buy) demonstrated by upward trending earnings revisions. FY23 earnings estimates have been revised higher by 2.7% and are projected to grow 11% YoY to $6.92 per share. FY24 estimates have been upgraded by 4.5% and are forecast to climb 11% YoY to $7.68 per share.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/c7/46183.jpg?v=152497726) Image Source: Zacks Investment ResearchVeriSign is trading at a one-year forward earnings multiple of 32.7x, which is just above the industry average of 31x, and below its five-year median of 37.1x. While 31x forward earnings is not a deep value investment, VRSN’s critical role in the internet all but assures its business future. And with improving earnings estimates, and a valuation below its historical median there may not be an opportunity to buy it at a cheaper valuation.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/80/46185.jpg?v=408927833) Image Source: Zacks Investment Research** Bottom Line** It is hard to go wrong buying industry-leading stocks at historical discounts. While picking stocks is always fun, investors should keep risk management top of mind and take into account their exposure and max risk per trade. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_INVESTMENTIDEAS_IND_07032023&cid=CS-NASDAQ-FT-investment_ideas-2116186)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_INVESTMENTIDEAS&cid=CS-NASDAQ-FT-investment_ideas-2116186)[Visa Inc. (V) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=V&ADID=SYND_NASDAQ_TCK_INVESTMENTIDEAS&cid=CS-NASDAQ-FT-investment_ideas-2116186)[VeriSign, Inc. (VRSN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=VRSN&ADID=SYND_NASDAQ_TCK_INVESTMENTIDEAS&cid=CS-NASDAQ-FT-investment_ideas-2116186)[InMode Ltd. (INMD) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=INMD&ADID=SYND_NASDAQ_TCK_INVESTMENTIDEAS&cid=CS-NASDAQ-FT-investment_ideas-2116186)[To read this article on Zacks.com click here.](https://www.zacks.com/commentary/2116186/3-top-tier-stocks-trading-at-historical-discounts?cid=CS-NASDAQ-FT-investment_ideas-2116186)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 37.3332
Stock Price 2 days before: 37.4107
Stock Price 1 day before: 37.4056
Stock Price at release: 37.4184
Risk-Free Rate at release: 0.0528
| 43.2354 |
Symbol: KRUS
Security: Kura Sushi USA, Inc.
Related Stocks/Topics: Stocks|ANGO|SLP|VWAGY
Title: Simulations Plus (SLP) to Report Q3 Earnings: What's in Store?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:33:00
Article: **Simulations Plus** [SLP](https://www.nasdaq.com/market-activity/stocks/slp) is slated to release third-quarter fiscal 2023 results on Jul 6.The Zacks Consensus Estimate for third-quarter revenues is pegged at $16.1 million, which suggests growth of 7.6% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at 21 cents per share, indicating a year-over-year increase of 5%.The company reported second-quarter fiscal 2023 earnings of 20 cents per share, down 4.8% on a year-over-year basis. However, the figure beat the Zacks Consensus Estimate by 11%. Revenues of $15.8 million increased 6% year over year (up 8% on constant-currency basis), driven by higher revenues in Software and Services business segments. Nonetheless, the top line missed the Zacks Consensus Estimate by 2.5%. **Simulations Plus, Inc. Price and EPS Surprise** [](https://www.zacks.com/stock/chart/SLP/price-eps-surprise?icid=chart-SLP-price-eps-surprise)[Simulations Plus, Inc. price-eps-surprise](https://www.zacks.com/stock/chart/SLP/price-eps-surprise?icid=chart-SLP-price-eps-surprise) | [Simulations Plus, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/slp) **Factors to Note** The heathy demand for Simulations Plus’ modeling and simulation solutions is likely to boost software sales in the third quarter. Also, the company expects changes in renewal pattern and revenue seasonality to shift as anticipated. Frequent strategic collaborations for new AI/ML drug discovery bode well.SLP’s implementation of cross-selling strategies has seen success with a growing client base using multiple platforms. In the last reported quarter, it added 6 new customers and 6 upsells for GastroPlus offering. For Monolix, it added 5 new customers with 6 upsells.The company has also standardized its renewal, pricing, and discounting policies to make it simpler for clients to buy multiple offerings. This is likely to favor the top-line performance in the to-be-reported quarter.Management plans to expand its global footprint by increasing its presence in Europe, Asia and Latin America, and penetrating smaller biotech firms with its software solutions like PBPK and PKPD services.Higher costs on product enhancements, acquisitions, and research and development are likely to have exerted pressure on margin expansion in the quarter under review. Weakness in macro environment, increasing interest rates and forex volatility remain added concerns. Owing to weakness in macroeconomic environment, drug developers are deferring purchases and elongating the sales cycle. **What the Zacks Model Unveils** According to the Zacks model, the combination of a positive [Earnings ESP](https://www.zacks.com/earnings/earnings-surprise-predictions/?icid=quote-detailed_estimates-nav_tracking-zcom-main_menu_wrapper-earnings_esp) and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.Simulations Plus has an Earnings ESP of 0.00% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our [Earnings ESP Filter](https://www.zacks.com/premium/esp-buy?adid=zp_article_espfilter&icid=zpi_article_espfilter). **Stocks to Consider** Here are some stocks, which have the right combination of elements to post an earnings beat this time around. **AngioDynamics, Inc** [ANGO](https://www.nasdaq.com/market-activity/stocks/ango) has an Earnings ESP of +20.00% and currently carries a Zacks Rank #3. ANGO is scheduled to report fourth-quarter fiscal 2023 earnings on Jul 12. You can see [the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?adid=ZP_home_featzr_1list&icid=home-home-zp_internal-zacks_premium-featured_zacks_rank_stocks-1_Strong_buys) The Zacks Consensus Estimate for AngioDynamics’ to-be-reported quarter’s earnings is pegged at 3 cents per share. Shares of ANGO have lost 46.6% in the past year. **Kura Sushi USA, Inc** [KRUS](https://www.nasdaq.com/market-activity/stocks/krus) has an Earnings ESP of +40.00% and currently has a Zacks Rank #3. KRUS is scheduled to report third quarter fiscal 2023 earnings on Jul 6.The Zacks Consensus Estimate for Kura Sushi USA’s to-be-reported quarter’s earnings and revenues is pegged at 5 cents per share and $49.2 million, respectively. The company’s earnings have delivered an average surprise of 123.5% in the trailing four quarters. Shares of KRUS have gained 84.6% in the past year. **Volkswagen AG** [VWAGY](https://www.nasdaq.com/market-activity/stocks/vwagy) has an Earnings ESP of +6.51% and a Zacks Rank #2 at present. It is scheduled to report results for the first half 2023 on Jul 27. Shares of VWAGY have lost 8.3% in the past year.Stay on top of upcoming earnings announcements with the Zacks [Earnings Calendar.](https://www.zacks.com/earnings/earnings-calendar)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_211_07032023&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[AngioDynamics, Inc. (ANGO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ANGO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[Simulations Plus, Inc. (SLP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SLP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[Volkswagen AG Unsponsored ADR (VWAGY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=VWAGY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[Kura Sushi USA, Inc. (KRUS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=KRUS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116182/simulations-plus-slp-to-report-q3-earnings-what-s-in-store?cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 93.1434
Stock Price 2 days before: 93.6489
Stock Price 1 day before: 90.3938
Stock Price at release: 91.3956
Risk-Free Rate at release: 0.0528
| 92.7116 |
Symbol: ANGO
Security: AngioDynamics, Inc.
Related Stocks/Topics: Stocks|SLP|VWAGY|KRUS
Title: Simulations Plus (SLP) to Report Q3 Earnings: What's in Store?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:33:00
Article: **Simulations Plus** [SLP](https://www.nasdaq.com/market-activity/stocks/slp) is slated to release third-quarter fiscal 2023 results on Jul 6.The Zacks Consensus Estimate for third-quarter revenues is pegged at $16.1 million, which suggests growth of 7.6% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at 21 cents per share, indicating a year-over-year increase of 5%.The company reported second-quarter fiscal 2023 earnings of 20 cents per share, down 4.8% on a year-over-year basis. However, the figure beat the Zacks Consensus Estimate by 11%. Revenues of $15.8 million increased 6% year over year (up 8% on constant-currency basis), driven by higher revenues in Software and Services business segments. Nonetheless, the top line missed the Zacks Consensus Estimate by 2.5%. **Simulations Plus, Inc. Price and EPS Surprise** [](https://www.zacks.com/stock/chart/SLP/price-eps-surprise?icid=chart-SLP-price-eps-surprise)[Simulations Plus, Inc. price-eps-surprise](https://www.zacks.com/stock/chart/SLP/price-eps-surprise?icid=chart-SLP-price-eps-surprise) | [Simulations Plus, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/slp) **Factors to Note** The heathy demand for Simulations Plus’ modeling and simulation solutions is likely to boost software sales in the third quarter. Also, the company expects changes in renewal pattern and revenue seasonality to shift as anticipated. Frequent strategic collaborations for new AI/ML drug discovery bode well.SLP’s implementation of cross-selling strategies has seen success with a growing client base using multiple platforms. In the last reported quarter, it added 6 new customers and 6 upsells for GastroPlus offering. For Monolix, it added 5 new customers with 6 upsells.The company has also standardized its renewal, pricing, and discounting policies to make it simpler for clients to buy multiple offerings. This is likely to favor the top-line performance in the to-be-reported quarter.Management plans to expand its global footprint by increasing its presence in Europe, Asia and Latin America, and penetrating smaller biotech firms with its software solutions like PBPK and PKPD services.Higher costs on product enhancements, acquisitions, and research and development are likely to have exerted pressure on margin expansion in the quarter under review. Weakness in macro environment, increasing interest rates and forex volatility remain added concerns. Owing to weakness in macroeconomic environment, drug developers are deferring purchases and elongating the sales cycle. **What the Zacks Model Unveils** According to the Zacks model, the combination of a positive [Earnings ESP](https://www.zacks.com/earnings/earnings-surprise-predictions/?icid=quote-detailed_estimates-nav_tracking-zcom-main_menu_wrapper-earnings_esp) and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.Simulations Plus has an Earnings ESP of 0.00% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our [Earnings ESP Filter](https://www.zacks.com/premium/esp-buy?adid=zp_article_espfilter&icid=zpi_article_espfilter). **Stocks to Consider** Here are some stocks, which have the right combination of elements to post an earnings beat this time around. **AngioDynamics, Inc** [ANGO](https://www.nasdaq.com/market-activity/stocks/ango) has an Earnings ESP of +20.00% and currently carries a Zacks Rank #3. ANGO is scheduled to report fourth-quarter fiscal 2023 earnings on Jul 12. You can see [the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?adid=ZP_home_featzr_1list&icid=home-home-zp_internal-zacks_premium-featured_zacks_rank_stocks-1_Strong_buys) The Zacks Consensus Estimate for AngioDynamics’ to-be-reported quarter’s earnings is pegged at 3 cents per share. Shares of ANGO have lost 46.6% in the past year. **Kura Sushi USA, Inc** [KRUS](https://www.nasdaq.com/market-activity/stocks/krus) has an Earnings ESP of +40.00% and currently has a Zacks Rank #3. KRUS is scheduled to report third quarter fiscal 2023 earnings on Jul 6.The Zacks Consensus Estimate for Kura Sushi USA’s to-be-reported quarter’s earnings and revenues is pegged at 5 cents per share and $49.2 million, respectively. The company’s earnings have delivered an average surprise of 123.5% in the trailing four quarters. Shares of KRUS have gained 84.6% in the past year. **Volkswagen AG** [VWAGY](https://www.nasdaq.com/market-activity/stocks/vwagy) has an Earnings ESP of +6.51% and a Zacks Rank #2 at present. It is scheduled to report results for the first half 2023 on Jul 27. Shares of VWAGY have lost 8.3% in the past year.Stay on top of upcoming earnings announcements with the Zacks [Earnings Calendar.](https://www.zacks.com/earnings/earnings-calendar)**Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_211_07032023&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[AngioDynamics, Inc. (ANGO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=ANGO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[Simulations Plus, Inc. (SLP) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SLP&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[Volkswagen AG Unsponsored ADR (VWAGY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=VWAGY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[Kura Sushi USA, Inc. (KRUS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=KRUS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116182/simulations-plus-slp-to-report-q3-earnings-what-s-in-store?cid=CS-NASDAQ-FT-analyst_blog|earnings_preview-2116182)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 10.4305
Stock Price 2 days before: 10.3959
Stock Price 1 day before: 10.3241
Stock Price at release: 10.3648
Risk-Free Rate at release: 0.0528
| 8.43422 |
Symbol: PRG
Security: PROG Holdings, Inc.
Related Stocks/Topics: Stocks|DFS|EZPW|ENVA
Title: Discover (DFS) Introduces Investment Fund for Tech-Startups
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:33:00
Article: **Discover Financial Services** [DFS](https://www.nasdaq.com/market-activity/stocks/dfs) launched the Discover Financial Health Improvement Fund to support startups and early-stage technology companies aiming to improve financial health. The company has agreed to commit $36 million to this fund.This move bodes well for Discover Financial, which is determined to help low-income and moderate-income businesses and communities. Per PYMNTS research, 16% of higher-income consumers faced financial problems, which increased 45% year over year. Small businesses also depend on cash and inappropriate financial products for emergencies. Per the report, 17% of companies had no cash cushion to cover emergencies. Discover Financial will work with Financial Health Network, ResilienceVC and Chartline Capital. Financial Health Network will assist the investment fund in assessing the startups potential to be financially strong in the future. ResilienceVC and Chartline Capital are venture capital firms which will manage Discover Financial’s early-stage and later-stage investments.With this mission-oriented fund, Discover Financial aims to support budding entrepreneurs who are at the forefront of helping low-income and moderate-income group communities. These startups are expected to cater people with affordable and appropriate products saving them from high-interest costs and financial difficulties. **Price Performance** Discover Financial’s shares have gained 18.5% in the past three months compared with a 15.9% rise of the [industry](https://www.zacks.com/stocks/industry-rank/industry/financial-consumer-loans-61).[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/01/46177.jpg?v=1590885539) Image Source: Zacks Investment Research** Zacks Rank & Other Key Picks** Discover Financial currently has a Zacks Rank #2 (Buy). Some other top-ranked stocks from the Consumer Loans space are **EZCORP, Inc.** [EZPW](https://www.nasdaq.com/market-activity/stocks/ezpw), **Enova International, Inc.** [ENVA](https://www.nasdaq.com/market-activity/stocks/enva) and **PROG Holdings, Inc. ** [PRG](https://www.nasdaq.com/market-activity/stocks/prg). EZCORP and Enova International sport a Zacks Rank #1 (Strong Buy), while PROG Holdings carries a Zacks Rank #2. You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**. **The Zacks Consensus Estimate for EZCORP 2023 revenues indicates 15.6% year-over-year growth. The consensus mark for 2023 earnings suggests 13.3% year-over-year growth.The bottom line of EZPW outpaced the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 71.7%.The Zacks Consensus Estimate for ENVA 2023 revenues indicates 15.8% year-over-year growth. The consensus mark for 2023 earnings suggests 11% year-over-year growth.The bottom line of ENVA outpaced the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 8%. The Zacks Consensus Estimate for PROG Holdings 2023 earnings suggests 3.5% year-over-year growth.The bottom line of PRG outpaced the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 27.5%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_255_07032023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[Discover Financial Services (DFS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=DFS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[EZCORP, Inc. (EZPW) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=EZPW&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[Enova International, Inc. (ENVA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=ENVA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[Aaron's Holdings Company, Inc. (PRG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=PRG&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_255&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116175/discover-dfs-introduces-investment-fund-for-tech-startups?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_finance_sector-2116175)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 32.1101
Stock Price 2 days before: 31.766
Stock Price 1 day before: 33.0978
Stock Price at release: 32.575
Risk-Free Rate at release: 0.0528
| 38.291 |
Symbol: FC
Security: Franklin Covey Co.
Related Stocks/Topics: Stocks|SPXC|RRX
Title: 3 Strong Buy Stocks to Beat the Market This Year
Type: News
Publication: Zacks
Publication Author: Sejuti Banerjea
Date: 2023-07-05 01:33:00
Article: With the first six months done and dusted, it’s good to know that we have managed to avoid a recession to date. That’s despite the fact that the Fed has been raising interest rates at the fastest pace in over 40 years, despite the fact that housing prices had been declining for nearly a year before they managed to claw back a bit, despite the couple of banks that ran into trouble before a banking crisis was averted and despite the wage inflation that is now gradually moderating. Oil prices remain low so that crisis also looks under control. Despite all our trepidations, the supply chain is also limping back to normal.The real challenge, of course, is in the months ahead. U.S. Manufacturing PMI dropped below 50 in November and remains in contraction, according to ISM. The S&P Global US Manufacturing PMI rose briefly above 50 in April before dropping back down. The overall outlook is not too bright with new orders, inventories and prices all falling while employment continued to increase. Therefore, what we’re seeing is more of the same. Nobody feels optimistic, neither producers nor consumers, but the talent gap is leading to continued hires, which is ensuring that people keep buying.However, the yield curve inverted (long-term yields falling faster than short-term yields) roughly a year ago, and historically, there has always been a recession within 18 months of this happening.The thinking on the street is that estimates need to come down more to reflect a recession. So that is what we should be looking for as the current earnings season gets into full swing in a couple of weeks from now. If estimates start coming down a lot, it will mean that even more experts/analysts believe that a recession is on the way.In the meantime, it makes sense to see what these experts are rooting for today. Here are three stocks that analysts are extremely bullish about. Each of these carries a Zacks #1 (Strong Buy) rank and belongs to one of the top 50% of industries classified by Zacks. As many of us already know, that’s a good combination that increases the odds of capital appreciation. And here, we have the sell-side analysts thinking alike. Now let’s look at a few more details:**Franklin Covey Co. (**FC**)**Franklin Covey belongs to the Consulting Services industry (top 20%).It is expected to grow its revenues 8.1% this year and 11.5% in the next. The earnings picture is a little less exciting. Analysts currently expect a 4.7% decline this year followed by a strong rebound with 29.3% growth in the next. The 2023 estimate has increased 14.2% in the last seven days while the 2024 estimate increased 6.8%. The surprise history is not without blemishes. The company beat estimates in three of the last four quarters, averaging a positive surprise of 34.8%. In the last quarter, it beat by 88.2%.Therefore, as far as this stock goes, analysts are positive about its prospects, even if there’s a slight recession. **Regal Rexnord Corp. (**RRX**)**Regal Rexnord belongs to the Manufacturing – Electronics industry (top 8%).Analysts expect the company to report revenue growth of 18.2% in 2023 and 8.7% in 2024. Earnings are expected to drop less than a percentage point this year and grow 17.2% in the next. The 2023 estimate has increased 16.2% in the last 60 days while the 2024 estimate increased 6.8%. Both June and September quarter expectations have been lowered in the same time period.The last quarter’s surprise was 0.9%. The four-quarter average surprise is 5.3%. The next earnings date is in August. Therefore, the current quarter’s results and outlook can give us some pointers. Analysts currently have a Strong Buy rating on the stock and so does Zacks. **SPX Technologies, Inc. (**SPXC**)**SPX Tech belongs to the Technology Services industry (top 44%).In 2023, the company is expected to grow its revenue and earnings by a respective 17.0% and 28.7%. This is expected to be followed by 4.7% revenue growth and 12.8% earnings growth in 2024. In the last 60 days, estimates for the two years have increased 14.3% and 15.4%, respectively. The June quarter estimate has not moved during this time although the September quarter estimate increased 5%.In the last quarter, SPX beat estimates by 55%. The four-quarter average surprise is 28.4%.Analysts have a Strong Buy rating on this stock. Clearly, they’re not expecting the recession to hit them yet. But we’ll know more when the company reports in August. **One-Month Price Performance** [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/4b/46140.jpg?v=1237636473) Image Source: Zacks Investment Research **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_215_IND_07032023&cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116131)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_215&cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116131)[Franklin Covey Company (FC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FC&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_215&cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116131)[SPX Technologies, Inc. (SPXC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=SPXC&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_215&cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116131)[Regal Rexnord Corporation (RRX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RRX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_215&cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116131)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116131/3-strong-buy-stocks-to-beat-the-market-this-year?cid=CS-NASDAQ-FT-analyst_blog|investment_ideas-2116131)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 43.5645
Stock Price 2 days before: 43.9478
Stock Price 1 day before: 44.3285
Stock Price at release: 44.3011
Risk-Free Rate at release: 0.0528
| 48.1029 |
Symbol: NBR
Security: Nabors Industries Ltd.
Related Stocks/Topics: Stocks|RIG
Title: Transocean (RIG) Soars 9.2%: Is Further Upside Left in the Stock?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:33:00
Article: Transocean (RIG) shares ended the last trading session 9.2% higher at $7.01. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.7% gain over the past four weeks.Transocean stock rose for the second straight day after it announced a 16-well binding award for its Transocean Equinox rig in Australia. The contract will add approximately $184 million to the offshore driller’s firm backlog. For investors, the growth in backlog is of utmost importance as it directly influences Transocean's sales, earnings and cash flows. As Transocean secures new contracts, its financial outlook is bolstered, creating a positive trajectory for the company and its stakeholders. This offshore oil and gas drilling contractor is expected to post quarterly loss of $0.11 per share in its upcoming report, which represents a year-over-year change of -10%. Revenues are expected to be $724.38 million, up 0.3% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For Transocean, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on RIG going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see [the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link) Transocean is a member of the Zacks Oil and Gas - Drilling industry. One other stock in the same industry, Nabors Industries (NBR), finished the last trading session 0.9% lower at $93.03. NBR has returned 7.2% over the past month. For Nabors, the consensus EPS estimate for the upcoming report has changed -2.6% over the past month to $1.84. This represents a change of +126.3% from what the company reported a year ago. Nabors currently has a Zacks Rank of #5 (Strong Sell). **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_534_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5-2116197)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2116197) [Transocean Ltd. (RIG) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RIG&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2116197)[Nabors Industries Ltd. (NBR) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NBR&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_534&cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2116197)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116197/transocean-rig-soars-9-2-is-further-upside-left-in-the-stock?cid=CS-NASDAQ-FT-tale_of_the_tape|daily_price_change_5%-2116197)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 93.1666
Stock Price 2 days before: 95.0569
Stock Price 1 day before: 94.7866
Stock Price at release: 95.1232
Risk-Free Rate at release: 0.0528
| 119.398 |
Symbol: GSL
Security: Global Ship Lease, Inc.
Related Stocks/Topics: Stocks|R|CPA
Title: Here's Why Investors Should Give Ryder System (R) a Miss Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:39:00
Article: **Ryder System** [R](https://www.nasdaq.com/market-activity/stocks/r) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Let’s delve deeper. **Southward Earnings Estimate Revisions**: The Zacks Consensus Estimate for current-quarter earnings has been revised 0.3% downward over the past 90 days. For the current year, the consensus mark for earnings has moved 1.1% south in the same time frame. The unfavorable estimate revisions indicate brokers’ lack of confidence in the stock. **Unimpressive Price Performance:** R has declined 1.2% over the past three months against its [industry](https://www.zacks.com/stocks/industry-rank/industry/transportation-equipment-and-leasing-188)’s 15.1% growth.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/e7/46143.jpg?v=2112081482) Image Source: Zacks Investment Research **Weak Zacks Rank and Style Score**: Ryder currently carries a Zacks Rank #4 (Sell). Moreover, R’s current [Momentum Style Score](https://www.zacks.com/education/stock-style-scores/momentum-trading) of C shows its short-term unattractiveness. **Other Headwinds**: Ryder is suffering from weak freight demand. Due to this, first-quarter 2023 revenues at Ryder’s primary division, Fleet Management Solutions, declined 2% year over year.Ryder’s weak liquidity position is also concerning. At first-quarter 2023 end, the company’s cash and cash equivalents were $253 million, much lower than the current debt of $1,674 million. This implies that the company does not have sufficient cash to meet its current debt obligations. High capital expenditures are also playing spoilsport. **Stocks to Consider** Some better-ranked stock in the Zacks [Transportation ](https://www.zacks.com/stocks/industry-rank/sector/transportation-15) sector are **Copa Holdings** [CPA](https://www.nasdaq.com/market-activity/stocks/cpa) and **Global Ship Lease** [GSL](https://www.nasdaq.com/market-activity/stocks/gsl), currently sporting a Zacks Rank #1 (Strong Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). **Copa Holdings is benefiting from an improvement in air-travel demand. In first-quarter 2023, passenger revenues increased 28.5% from first-quarter 2019 levels due to higher yields. CPA’s focus on its cargo segment is encouraging. In first-quarter 2023, cargo and mail revenues grew 51.8% from first-quarter 2019 levels on higher cargo volumes and yields.Copa Holdings' fleet modernization and cost-management efforts are commendable. The Zacks Consensus Estimate for current-year earnings has been revised 22.4% upward over the past 60 days.Global Ship Lease is being aided by the bullish sentiment surrounding the containership market. GSL’s strong balance sheet is an added positive. The uptick in trading volumes also bodes well.The Zacks Consensus Estimate for current-year earnings has moved up 4.2% over the past 60 days. GSL outpaced the Zacks Consensus Estimate for earnings in each of the last four quarters, the average beat being 15.64%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_283_07032023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116179)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116179)[Ryder System, Inc. (R) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=R&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116179)[Copa Holdings, S.A. (CPA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=CPA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116179)[Global Ship Lease, Inc. (GSL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=GSL&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116179) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116179/here-s-why-investors-should-give-ryder-system-r-a-miss-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116179)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 25.513
Stock Price 2 days before: 20.7162
Stock Price 1 day before: 25.2617
Stock Price at release: 20.5365
Risk-Free Rate at release: 0.0528
| 21.3757 |
Symbol: NAPA
Security: The Duckhorn Portfolio, Inc.
Related Stocks/Topics: Stocks|KO|BUD|MNST
Title: Here's Why AB InBev (BUD) Can Make it Big Despite Cost Headwinds
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:39:00
Article: **Anheuser-Busch InBev SA/NV** [BUD](https://www.nasdaq.com/market-activity/stocks/bud), alias AB InBev, has been benefiting from its unique commercial strategy, strong brand portfolio and investments in operational excellence. Continued business momentum due to relentless execution, investment in its brands and accelerated digital transformation have been key drivers.Additionally, the company looks well-poised to gain from the expansion of the Beyond Beer portfolio and investments in B2B platforms, e-commerce and digital marketing in the near term. The premiumization of the beer industry has been a key growth opportunity for AB InBev. These have been aiding the company’s top lines over the past few quarters.However, BUD has been witnessing higher costs and soft margin trends owing to commodity headwinds and higher supply-chain costs in some markets. This has been weighing on the company’s bottom-line results.The Zacks Consensus Estimate for AB InBev’s 2023 sales suggests growth of 6.6% from the year-ago period’s reported numbers, whereas earnings per share (EPS) estimate indicates a decline of 1.6% year over year.The Zacks Rank #3 (Hold) stock has gained 3% in the past year compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/beverages-alcohol-19)’s growth of 1.2%. The Consumer Staple sector has declined 0.1%. However, the stock’s performance compared unfavorably against the S&P 500’s growth of 16.4% in the same period.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/e3/46134.jpg?v=713683432) Image Source: Zacks Investment Research **What Makes BUD Strong?**AB InBev is steadfastly growing its Beyond Beer portfolio, including products like Ready-to-Drink beverages like canned wine and canned cocktails, hard seltzers, cider and flavored malt beverages. The Beyond Beer trend has been recently gaining popularity due to the rise in demand for low-alcoholic or non-alcoholic drinks. The company remains focused on expanding its Beyond Beer portfolio, which has also been aiding the top line.The Beyond Beer portfolio contributed more than $325 million to the total revenues in first-quarter 2023. The global Beyond Beer business’ revenues improved by low-single digits in the first quarter. The company witnessed 75% revenue growth in Brazil as Beats activated demand during the return of Carnival. In the U.S. spirits-based ready-to-drink segment, the company’s Cutwater and NUTRL vodka seltzer together delivered revenue growth of more than 50%.AB InBev has been rapidly growing its digital platform, leveraging technology, such as B2B sales and other e-commerce platforms, including BEES and Zé Delivery. The company is witnessing an acceleration in the B2B platforms, e-commerce and digital marketing trends, which has been aiding growth in the past few months.The company’s digital transformation initiatives have been on track, with B2B digital platforms contributing about 62% of its revenues in the first quarter. Its direct-to-consumer ecosystem, including Ze Delivery, TaDa and PerfectDraft, generated more than $100 million in revenues in first-quarter 2023, reflecting low-teens growth year over year.Premiumization of the beer industry also places BUD for growth in the long term. It has been investing in developing a diverse portfolio of global, international and crafts and specialty premium brands in its markets. Apart from the premium brands, the company’s global brands lead the way in premiumization. BUD’s above core portfolio grew revenues by mid-teens in first-quarter 2023, driven by continued double-digit growth of Michelob ULTRA in the United States and Mexico and double-digit growth of Original and Spaten in Brazil.Backed by the continued business momentum, AB InBev outlined its view for 2023. For 2023, the company expects EBITDA growth of 4-8%, which aligns with its medium-term outlook. It anticipates revenue growth to be higher than EBITDA growth, driven by strong volume and pricing. **Headwinds to Overcome** AB InBev continues to fall prey to commodity cost inflation and higher supply-chain costs in some markets. Higher commodity costs mainly resulted from increased aluminum and barley prices. BUD continued to witness higher costs and soft margin trends in the first quarter.The cost of sales increased 8.8% on a reported basis and 14% on an organic basis in the first quarter. SG&A expenses rose 5.5% year over year and 10.3% on an organic basis. Higher SG&A expenses can be attributed to elevated supply-chain costs.Consequently, the company’s gross margin contracted 70 basis points (bps) to 54.1%, on a reported basis in the first quarter. On an organic basis, the gross margin declined 35 bps. Normalized EBIT margin contracted 30 bps year over year to 24.6% in the first quarter. On an organic basis, the normalized EBIT margin declined 39 bps. **Stocks to Consider** We have highlighted three better-ranked stocks from the Consumer Staple sector, namely **The Duckhorn Portfolio** [NAPA](https://www.nasdaq.com/market-activity/stocks/napa), **Monster Beverage** [MNST](https://www.nasdaq.com/market-activity/stocks/mnst) and **Coca-Cola** [KO](https://www.nasdaq.com/market-activity/stocks/ko).Duckhorn has a trailing four-quarter earnings surprise of 14.2%, on average. The company has an expected EPS growth rate of 6.6% for three to five years. It currently carries a Zacks Rank #2 (Buy). Shares of NAPA have declined 35.2% in the past year. You can see [the complete list of today's Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link).The Zacks Consensus Estimate for Duckhorn’s current financial-year sales and EPS suggests growth of 8.3% and 4.8%, respectively, from the year-ago period's reported figures. The earnings estimate has moved up by a couple of cents in the past 30 days.Monster Beverage currently carries a Zacks Rank #2. The company has an expected EPS growth rate of 22.9% for three to five years. Shares of MNST have rallied 21.4% in the past year.The Zacks Consensus Estimate for Monster Beverage’s current financial-year sales and EPS suggests growth of 12.7% and 37.5%, respectively, from the year-ago period’s reported figures. The earnings estimate has moved down by a penny in the past 30 days. MNST has a trailing four-quarter negative earnings surprise of 4.1%, on average.Coca-Cola currently has a Zacks Rank #2. KO has a trailing four-quarter earnings surprise of 4.2%, on average. Shares of KO have declined 6.4% in the past year.The Zacks Consensus Estimate for Coca-Cola’s current financial-year sales and earnings suggests growth of 4.7% and 5.2%, respectively, from the year-ago period’s reported figures. The earnings estimate has been unchanged in the past 30 days. KO has an expected EPS growth rate of 6.8% for three to five years. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_283_07032023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116109)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116109)[CocaCola Company (The) (KO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=KO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116109)[Anheuser-Busch InBev SA/NV (BUD) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=BUD&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116109)[Monster Beverage Corporation (MNST) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=MNST&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116109)[The Duckhorn Portfolio, Inc. (NAPA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=NAPA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116109) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116109/here-s-why-ab-inbev-bud-can-make-it-big-despite-cost-headwinds?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116109)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 12.9941
Stock Price 2 days before: 12.94
Stock Price 1 day before: 12.8424
Stock Price at release: 12.8252
Risk-Free Rate at release: 0.0528
| 12.6342 |
Symbol: UTL
Security: Unitil Corporation
Related Stocks/Topics: Stocks
Title: Are You Looking for a High-Growth Dividend Stock?
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:39:00
Article: Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. **Unitil in Focus** Headquartered in Hampton, Unitil (UTL) is a Utilities stock that has seen a price change of -1.27% so far this year. The utility is currently shelling out a dividend of $0.41 per share, with a dividend yield of 3.19%. This compares to the Utility - Electric Power industry's yield of 3.6% and the S&P 500's yield of 1.65%.Looking at dividend growth, the company's current annualized dividend of $1.62 is up 3.8% from last year. Unitil has increased its dividend 5 times on a year-over-year basis over the last 5 years for an average annual increase of 1.79%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Unitil's current payout ratio is 59%. This means it paid out 59% of its trailing 12-month EPS as dividend.Looking at this fiscal year, UTL expects solid earnings growth. The Zacks Consensus Estimate for 2023 is $2.78 per share, which represents a year-over-year growth rate of 7.34%. **Bottom Line** Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout.High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, UTL is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_514_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_5-2116086)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_514&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_5-2116086)[Unitil Corporation (UTL) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=UTL&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_514&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_5-2116086)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116086/are-you-looking-for-a-high-growth-dividend-stock?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_5-2116086)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 50.7132
Stock Price 2 days before: 50.7677
Stock Price 1 day before: 50.8828
Stock Price at release: 50.8275
Risk-Free Rate at release: 0.0528
| 49.6186 |
Symbol: CHEF
Security: The Chefs' Warehouse, Inc.
Related Stocks/Topics: Stocks
Title: Chefs' Warehouse (CHEF) Moves to Strong Buy: Rationale Behind the Upgrade
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:39:00
Article: Chefs' Warehouse (CHEF) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.Therefore, the Zacks rating upgrade for Chefs' Warehouse basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. **Most Powerful Force Impacting Stock Prices** The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.For Chefs' Warehouse, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher. **Harnessing the Power of Earnings Estimate Revisions** Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see [the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link). **Earnings Estimate Revisions for Chefs' Warehouse** This distributor of specialty food products is expected to earn $1.65 per share for the fiscal year ending December 2023, which represents a year-over-year change of 7.1%.Analysts have been steadily raising their estimates for Chefs' Warehouse. Over the past three months, the Zacks Consensus Estimate for the company has increased 6.1%. **Bottom Line** Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.You can learn [more about the Zacks Rank here >>>](https://www.zacks.com/education/stock-education/zacks-rank-guide) The upgrade of Chefs' Warehouse to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_TALEOFTAPE_523_07032023&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2116125)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_TALEOFTAPE_523&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2116125) [The Chefs' Warehouse, Inc. (CHEF) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=CHEF&ADID=SYND_NASDAQ_TCK_TALEOFTAPE_523&cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2116125) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116125/chefs-warehouse-chef-moves-to-strong-buy-rationale-behind-the-upgrade?cid=CS-NASDAQ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2116125)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 35.7549
Stock Price 2 days before: 35.5472
Stock Price 1 day before: 36.0598
Stock Price at release: 35.7441
Risk-Free Rate at release: 0.0528
| 30.761 |
Symbol: LGND
Security: Ligand Pharmaceuticals Incorporated
Related Stocks/Topics: Stocks|NVS|RHHBY
Title: Roche (RHHBY) Announces Positive Long-Term Data on SMA Drug
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:45:00
Article: **Roche** [RHHBY](https://www.nasdaq.com/market-activity/stocks/rhhby) announced new long-term data for the spinal muscular atrophy drug (SMA), Evrysdi (risdiplam), from the open-label extension (n=50) of the pivotal FIREFISH study.FIREFISH is a two-part study in babies aged 1-7 months at the time of enrolment. The data reinforced the drug’s sustained efficacy and safety profile in children with type 1 SMA.Most children enrolled in the study continued to show improvement in their ability to sit, stand and walk without support after four years of treatment with Evrysdi. Importantly, the children who were treated and were alive at the time of the primary analysis were still alive at month 48. Moreover, a majority of infants maintained their ability to feed by mouth and swallow up to month 48.This was pivotal, as untreated children with type 1 SMA are not expected to survive past two years of age and are never able to sit without support.Among the infants treated with Evrysdi, 37 infants treated with Evrysdi were able to sit without support for at least 5 seconds at month 48 compared with 35 at month 24; and 36 infants were able to sit without support for at least 30 seconds at month 48, up from 23 infants at month 24. Three infants gained the ability to stand alone and one infant gained the ability to walk alone between months 24 and 48.Per Roche, Evrysdi’s oral route of administration allows the drug to be distributed throughout the body, systemically increasing SMN protein production, a lack of which is the underlying cause of SMA. We note that Roche is evaluating Evrysdi as part of a collaboration with the SMA Foundation and PTC Therapeutics.Apart from FIREFISH, the drug is currently being evaluated in four other trials in SMA patients.These studies include SUNFISH, a two-part, double-blind, placebo-controlled pivotal study in people aged 2-25 years with Types 2 or 3 SMA; JEWELFISH, an open-label exploratory trial designed to assess the safety, tolerability, pharmacokinetics and pharmacodynamics in people with SMA aged 6 months to 60 years who received other investigational or approved SMA therapies for at least 90 days prior to receiving Evrysdi and RAINBOWFISH, an open-label, single-arm, multicentre study investigating the efficacy, safety, pharmacokinetics and pharmacodynamics of Evrysdi in babies from birth to six weeks of age (at first dose) with genetically diagnosed SMA who are not yet presenting with symptoms.Meanwhile, MANATEE is a global phase II/III study evaluating the safety and efficacy of GYM329, an anti-myostatin molecule targeting muscle growth, in combination with Evrysdi for the treatment of SMA in patients 2-10 years of age.Roche’s stock has lost 2.1% in the year so far against the [industry](https://www.zacks.com/stocks/industry-rank/industry/large-cap-pharmaceuticals-225)’s growth of 2.2%. [Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/7d/46170.jpg?v=535239384) Image Source: Zacks Investment ResearchWe note that Evrysdi is already a key contributor to Roche’s top line. Pharmaceuticals Division sales increased by 9% in the first quarter and Evrysdi was one of the top five contributors to this growth, apart from Vabysmo, Ocrevus (multiple sclerosis), Hemlibra (hemophilia) and Tecentriq (cancer immunotherapy).Lower COVID-19 product sales continue to impact the top line. Sales are likely to be impacted further due to the expected sharp decline in sales of COVID-19 products of roughly CHF 5 billion in 2023. Competition from biosimilars for established cancer medicines like Avastin, MabThera/Rituxan and Herceptin also harmed sales. **Zacks Rank & Stocks to Consider** Roche currently carries a Zacks Rank #3 (Hold).Some top-ranked stocks in the healthcare sector are **Ligand Pharmaceuticals** [LGND](https://www.nasdaq.com/market-activity/stocks/lgnd) and **Novartis** [NVS](https://www.nasdaq.com/market-activity/stocks/nvs). While Ligand sports a Zacks Rank #1 (Strong Buy), NVS carries a Zacks Rank #2 (Buy). You can see ** [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**.Over the past 30 days, earnings estimates for LGND have increased by $1.09 to $5.25. LGND topped earnings estimates in two of the last four quarters and missed in the remaining two, the average surprise being 21.50%.Over the past 60 days, earnings estimates for NVS have increased to $6.74 from $6.60 for 2023. Novartis surpassed estimates in all the trailing four quarters, the average surprise being 5.15%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_256_07032023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116132)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116132)[Novartis AG (NVS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NVS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116132)[Roche Holding AG (RHHBY) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=RHHBY&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116132)[Ligand Pharmaceuticals Incorporated (LGND) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=LGND&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116132)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116132/roche-rhhby-announces-positive-long-term-data-on-sma-drug?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116132)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 72.2283
Stock Price 2 days before: 72.5168
Stock Price 1 day before: 72.6111
Stock Price at release: 72.5193
Risk-Free Rate at release: 0.0528
| 66.9591 |
Symbol: BSVN
Security: Bank7 Corp.
Related Stocks/Topics: Stocks|FCNCA|LOB
Title: 4 Reasons to Include Bank7 (BSVN) Stock in Your Portfolio Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:45:00
Article: It seems to be a wise idea to add **Bank7 Corp.** [BSVN](https://www.nasdaq.com/market-activity/stocks/bsvn) stock to your portfolio now. The stock is well-poised to gain from its strong fundamentals, solid loan and deposit balances, and decent earning growth.Over the past 30 days, the Zacks Consensus Estimate for Bank7’s earnings has moved 1.1% and marginally upward for 2023 and 2024, respectively. Currently, BSVN carries a Zacks Rank #2 (Buy).Bank7’s shares have gained 9.7% over the past year against the [industry](https://www.zacks.com/stocks/industry-rank/industry/banks-southeast-16)’s fall of 8%.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/c2/46146.jpg?v=937837621) Image Source: Zacks Investment Research A few aspects, which make the company an attractive investment option right now, are mentioned below. **Earnings Growth:**In the past three to five years, Bank7 has witnessed a earnings per share (EPS) gain of 39.7%, which is significantly higher than the industry’s growth of 12%. While Bank7’s earnings are projected to grow 18% in 2023, the same is projected to decline 9.1% in 2024.Additionally, the company has a decent earning surprise history. Its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average surprise being 4.1%. **Solid Loan & Deposit Balance:**Bank7 has been focused on improving the loan and deposit balance. Over the last three years (2019-2022), loan and deposits recorded a compound annual growth rate (CAGR) of 21.5% and 23.6%, respectively. Also, both witnessed a rise on a sequential basis in the first quarter of 2023.Driven by decent loan demand and higher rates, the company is expected to witness an uptrend in loan and deposit balances, going forward. **Revenue Growth:**Bank7 is witnessing a steady improvement in revenues. Its net revenues witnessed a compound annual growth rate (CAGR) of 18.5% over the last three years (2019-2022), with the trend continuing in the first quarter of 2023. The improvement was backed by a strong loan and deposit balance, and high interest rates. Additionally, its acquisition of Watonga Bancshares in 2021 supported its top line.While revenues are expected to rise 13.6% this year on an uptrend in loan and deposit balances, the same is projected to decline 0.5% in 2024. **Decent Capital Deployment Activities:** Bank7 has been increasing its quarterly dividend regularly, with the latest hike of 33.3% to 16 cents per share announced in November 2022. Over the past five years, the company raised its dividend four times, with an annualized dividend growth rate of 13.78%. On Jun 8, the company announced a cash dividend of 16 cents per share for the second quarter of 2023. The dividend will be paid out on Jul 7, 2023, to shareholders of record as of Jun 22, 2023.Additionally, on October 2021, the company’s board of directors approved a share repurchase plan. The board authorized Bank7 to buy up to 750,000 shares of the company’s common stock. However, there have been no repurchases since the first quarter of 2023. Given its decent earnings strength, the company is expected to sustain its current capital deployment activities. **Superior Return on Equity (ROE):** The company’s ROE of 23.38% is higher than the industry average of 12.15%. This shows that it reinvests its cash more efficiently than its peers. **Other Stocks Worth a Look** A couple of other top-ranked stocks from the banking space are** First Citizens BancShares** [FCNCA](https://www.nasdaq.com/market-activity/stocks/fcnca) and **Live Oak Bancshares** [LOB](https://www.nasdaq.com/market-activity/stocks/lob).The Zacks Consensus Estimate for First Citizens BancShares' current-year earnings has been revised 67.2% upward over the last 60 days. The company’s shares have jumped 69.9% over the past six months. Currently, FCNCA sports a Zacks Rank #1 (Strong Buy). You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link).Live Oak Bancshares carries a Zacks Rank #2 at present. The consensus mark for the company’s 2023 earnings was revised marginally upward over the last 60 days. In the past three months, LOB’s shares have gained 8.9%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_283_07032023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146)[First Citizens BancShares, Inc. (FCNCA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FCNCA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146)[Live Oak Bancshares, Inc. (LOB) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=LOB&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146) [Bank7 Corp. (BSVN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BSVN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116146/4-reasons-to-include-bank7-bsvn-stock-in-your-portfolio-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 24.5309
Stock Price 2 days before: 24.7425
Stock Price 1 day before: 25.2352
Stock Price at release: 25.4396
Risk-Free Rate at release: 0.0528
| 27.3591 |
Symbol: AVDX
Security: AvidXchange Holdings, Inc.
Related Stocks/Topics: Stocks|GRMN|BIDU|AKAM
Title: Gramin (GRMN) Boosts Marine Offerings With Force Kraken Launch
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:45:00
Article: **Garmin** [GRMN](https://www.nasdaq.com/market-activity/stocks/grmn) unveiled its trolling motor, Force Kraken, to enhance its marine offerings.Force Kraken with its brushless motor is capable of providing 100 pounds of thrust on a 36-volt system or 80 pounds on a 24-volt system.It also features Garmin's advanced boat positioning technology and leverages multi-band GPS signal reception and an attitude and heading reference system (AHRS).The underlined trolling motor helps anglers create routes, patterns and tracks while fishing with the aid of Garmin chartplotters.Selected models of the Kraken include built-in scanning sonar for clear image of underwater structures and fishes.Moreover, Kraken can be easily installed on boats with limited bow space like skiffs, bay boats, center consoles and multispecies fishing boats, as it comes with longer shaft lengths and a pivot-style mount.We believe all these features to likely aid Garmin gain solid momentum across fishing enthusiasts.The company is well poised to capitalize on the growth prospects in the trolling motor market. Per a report from fact. Mr, the global electric trolling motor market is projected to reach $818.6 million by 2032 at a CAGR of 3.8% between 2022 and 2032. **Garmin Ltd. Price and Consensus** [](https://www.zacks.com/stock/chart/GRMN/price-consensus-chart?icid=chart-GRMN-price-consensus-chart) [Garmin Ltd. price-consensus-chart](https://www.zacks.com/stock/chart/GRMN/price-consensus-chart?icid=chart-GRMN-price-consensus-chart) | [Garmin Ltd. Quote](https://www.nasdaq.com/market-activity/stocks/grmn)******Strengthening Marine Segment** The latest move bodes well for the company’s growing efforts toward bolstering its marine segment.Garmin unveiled GMR xHD3 series open-array radarswhich feature scan averaging and improved target-size processing for enhanced situational awareness while delivering high-definition imaging.Also, the company recently expanded high-resolution relief shading coverage to Navionics Platinum+ to deliver an enhanced experience to chartplotters.Navionics Platinum+ offers a 120% more relief shading coverage for many new coastal and inland waters than previous charts.The company rolled out upgrades to Fusion Entertainment’s EL Series 6.5-inch Marine Speakers, which are designed to provide high-quality audio experience at an entry-level price.Notably, the recent product innovation and advancement in marine technology is expected to aid the performance of marine segment in the near term, which will likely drive Garmin's overall performance. This is likely to instill investors’ optimism in the stock. In first-quarter 2023, Garmin generated sales of $278.9 million (24% of total sales) from the underlined segment, up 10% on a year-over-year basis.The Zacks Consensus Estimate for 2023 revenues is pegged at $5.07 billion, indicating a 4.3% increase from 2022 levels.GRMN has gained 13% in the year-to-date period compared with the [industry](https://www.zacks.com/stocks/industry-rank/industry/electronics-miscellaneous-products-52)’s rally of 15.8%. **Zacks Rank & Other Stocks to Consider** Currently, Garmin carries a Zacks Rank #2 (Buy).Some other top-ranked stocks in the broader technology sector are **Akamai Technologies** [AKAM](https://www.nasdaq.com/market-activity/stocks/akam), **AvidXchange** [AVDX](https://www.nasdaq.com/market-activity/stocks/avdx-0) and **Baidu** [BIDU](https://www.nasdaq.com/market-activity/stocks/bidu). Akamai Technologies sports a Zacks Rank #1 (Strong Buy), while AvidXchange and Baidu carry a Zacks Rank #2 (Buy) each. You can see ** [the complete list of today’s Zacks #1 Rank stocks here.](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi_1link)**Akamai shares have gained 6.6% in the year-to-date period. The long-term earnings growth rate for AKAM is currently projected at 10%.AvidXchange shares have increased 4.4% in the year-to-date period. The long-term earnings growth rate for AVDX is currently projected at 5.7%.Baidu shares have gained 19.7% in the year-to-date period. Its long-term earnings growth rate is presently projected at 19.5%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_253_07032023&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116093)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116093)[Garmin Ltd. (GRMN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=GRMN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116093)[Baidu, Inc. (BIDU) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BIDU&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116093)[Akamai Technologies, Inc. (AKAM) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=AKAM&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116093)[AvidXchange Holdings, Inc. (AVDX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AVDX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_253&cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116093)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116093/gramin-grmn-boosts-marine-offerings-with-force-kraken-launch?cid=CS-NASDAQ-FT-analyst_blog|company_news_tech_sector-2116093)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 10.4573
Stock Price 2 days before: 10.3785
Stock Price 1 day before: 10.2635
Stock Price at release: 10.1475
Risk-Free Rate at release: 0.0528
| 10.8427 |
Symbol: LOB
Security: Live Oak Bancshares, Inc.
Related Stocks/Topics: Stocks|FCNCA|BSVN
Title: 4 Reasons to Include Bank7 (BSVN) Stock in Your Portfolio Now
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:45:00
Article: It seems to be a wise idea to add **Bank7 Corp.** [BSVN](https://www.nasdaq.com/market-activity/stocks/bsvn) stock to your portfolio now. The stock is well-poised to gain from its strong fundamentals, solid loan and deposit balances, and decent earning growth.Over the past 30 days, the Zacks Consensus Estimate for Bank7’s earnings has moved 1.1% and marginally upward for 2023 and 2024, respectively. Currently, BSVN carries a Zacks Rank #2 (Buy).Bank7’s shares have gained 9.7% over the past year against the [industry](https://www.zacks.com/stocks/industry-rank/industry/banks-southeast-16)’s fall of 8%.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/c2/46146.jpg?v=937837621) Image Source: Zacks Investment Research A few aspects, which make the company an attractive investment option right now, are mentioned below. **Earnings Growth:**In the past three to five years, Bank7 has witnessed a earnings per share (EPS) gain of 39.7%, which is significantly higher than the industry’s growth of 12%. While Bank7’s earnings are projected to grow 18% in 2023, the same is projected to decline 9.1% in 2024.Additionally, the company has a decent earning surprise history. Its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average surprise being 4.1%. **Solid Loan & Deposit Balance:**Bank7 has been focused on improving the loan and deposit balance. Over the last three years (2019-2022), loan and deposits recorded a compound annual growth rate (CAGR) of 21.5% and 23.6%, respectively. Also, both witnessed a rise on a sequential basis in the first quarter of 2023.Driven by decent loan demand and higher rates, the company is expected to witness an uptrend in loan and deposit balances, going forward. **Revenue Growth:**Bank7 is witnessing a steady improvement in revenues. Its net revenues witnessed a compound annual growth rate (CAGR) of 18.5% over the last three years (2019-2022), with the trend continuing in the first quarter of 2023. The improvement was backed by a strong loan and deposit balance, and high interest rates. Additionally, its acquisition of Watonga Bancshares in 2021 supported its top line.While revenues are expected to rise 13.6% this year on an uptrend in loan and deposit balances, the same is projected to decline 0.5% in 2024. **Decent Capital Deployment Activities:** Bank7 has been increasing its quarterly dividend regularly, with the latest hike of 33.3% to 16 cents per share announced in November 2022. Over the past five years, the company raised its dividend four times, with an annualized dividend growth rate of 13.78%. On Jun 8, the company announced a cash dividend of 16 cents per share for the second quarter of 2023. The dividend will be paid out on Jul 7, 2023, to shareholders of record as of Jun 22, 2023.Additionally, on October 2021, the company’s board of directors approved a share repurchase plan. The board authorized Bank7 to buy up to 750,000 shares of the company’s common stock. However, there have been no repurchases since the first quarter of 2023. Given its decent earnings strength, the company is expected to sustain its current capital deployment activities. **Superior Return on Equity (ROE):** The company’s ROE of 23.38% is higher than the industry average of 12.15%. This shows that it reinvests its cash more efficiently than its peers. **Other Stocks Worth a Look** A couple of other top-ranked stocks from the banking space are** First Citizens BancShares** [FCNCA](https://www.nasdaq.com/market-activity/stocks/fcnca) and **Live Oak Bancshares** [LOB](https://www.nasdaq.com/market-activity/stocks/lob).The Zacks Consensus Estimate for First Citizens BancShares' current-year earnings has been revised 67.2% upward over the last 60 days. The company’s shares have jumped 69.9% over the past six months. Currently, FCNCA sports a Zacks Rank #1 (Strong Buy). You can see [the complete list of today’s Zacks #1 Rank stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link).Live Oak Bancshares carries a Zacks Rank #2 at present. The consensus mark for the company’s 2023 earnings was revised marginally upward over the last 60 days. In the past three months, LOB’s shares have gained 8.9%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_283_07032023&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146)[First Citizens BancShares, Inc. (FCNCA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=FCNCA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146)[Live Oak Bancshares, Inc. (LOB) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=LOB&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146) [Bank7 Corp. (BSVN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BSVN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_283&cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116146/4-reasons-to-include-bank7-bsvn-stock-in-your-portfolio-now?cid=CS-NASDAQ-FT-analyst_blog|rank_focused-2116146)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 26.2976
Stock Price 2 days before: 25.8382
Stock Price 1 day before: 26.69
Stock Price at release: 26.5234
Risk-Free Rate at release: 0.0528
| 37.0697 |
Symbol: AKRO
Security: Akero Therapeutics, Inc.
Related Stocks/Topics: Stocks|NVS|BXRX|OMGA
Title: Baudax Bio (BXRX) Up 125% on Acquiring TeraImmune
Type: News
Publication: Zacks
Publication Author: Zacks Equity Research
Date: 2023-07-05 01:45:00
Article: **Baudax Bio** [BXRX](https://www.nasdaq.com/market-activity/stocks/bxrx) acquired TeraImmune, a privately held company that’s focused on the discovery and development of Treg-based cell therapies for autoimmune diseases. Shares of Baudax Bio soared almost 125% on Jun 30, following the news.The acquisition will add TeraImmune's TI-168 asset to Baudax Bio's portfolio. TI-168 is a next-generation, autologous FVIII TCR-Treg cell therapy candidate designed to eliminate clotting factor VIII (FVIII) inhibitors in patients with hemophilia A. An investigational new drug application for TI-168 has been recently approved by the FDA. Baudax Bio believes that with a modest initial budget, it can initiate the phase I/IIa clinical study of TI-168 for the treatment of hemophilia A.Hemophilia A is a rare genetic bleeding disorder caused by a lack of FVIII.Shares of Baudax Bio have plunged 63.2% year to date compared with the [industry’](https://www.zacks.com/stocks/industry-rank/industry/medical-biomedical-and-genetics-105) s 2.7% decline.[Zacks Investment Research](https://staticx-tuner.zacks.com/images/articles/charts/c1/46120.jpg?v=1248782735) Image Source: Zacks Investment ResearchThe company will continue to advance its existing neuromuscular blockade (NMB) portfolio. It has two clinical-stage NMB candidates — BX1000 and BX2000. BX1000 has recently completed the phase II study, while BX2000 is currently undergoing a dose escalation phase I clinical study. Additionally, BXRX has developed a proprietary chemical reversal agent that is specifically designed for these NMBs. The candidate is currently undergoing nonclinical and manufacturing studies. The company aims is to file an investigational new drug application for the candidate in the summer of 2023.The acquisition of TeraImmune was structured as a stock-for-stock transaction. Under the agreement, all outstanding equity interests of TeraImmune were exchanged for a combination of Baudax Bio common stock and newly designated convertible series X non-voting convertible preferred stock.Subject to shareholders’ approval, each share of the abovementioned preferred stock will automatically convert into 1,000 shares of common stock. Based on these transactions, Baudax Bio equity holders will own approximately 18% of the combined company (following the acquisition) on a pro forma basis.The potential merger is expected to benefit the shareholders of both companies. **Baudax Bio, Inc. Price and Consensus** [](https://www.zacks.com/stock/chart/BXRX/price-consensus-chart?icid=chart-BXRX-price-consensus-chart)[Baudax Bio, Inc. price-consensus-chart](https://www.zacks.com/stock/chart/BXRX/price-consensus-chart?icid=chart-BXRX-price-consensus-chart) | [Baudax Bio, Inc. Quote](https://www.nasdaq.com/market-activity/stocks/bxrx) **Zacks Rank & Stocks to Consider** Baudax Bio currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the overall healthcare sector are **Novartis** [NVS](https://www.nasdaq.com/market-activity/stocks/nvs), **Akero** **Therapeutics** [AKRO](https://www.nasdaq.com/market-activity/stocks/akro) and **Omega** **Therapeutics** [OMGA](https://www.nasdaq.com/market-activity/stocks/omga), each carrying a Zacks Rank #2 (Buy) at present. You can see [the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here](https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&ICID=zpi%20_1link)**. **The Zacks Consensus Estimate for Novartis’ 2023 earnings has gone up from $6.56 per share to $6.74 in the past 90 days. Shares of Novartis have risen 11.2% year to date.NVS’ earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 5.15%.The consensus estimate for Akero Therapeutics has narrowed from a loss of $2.96 per share to a loss of $2.80 for 2023 in the past 90 days. Shares of Akero Therapeutics have nosedived 14.8% year to date. AKRO’s earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 19.13%.The consensus mark for Omega Therapeutics has narrowed from a loss of $2.49 per share to a loss of $2.05 for 2023 in the past 90 days. Shares of the company have rallied 0.2% year to date.OMGA’s earnings beat estimates in two of the trailing four quarters, met the mark in one and missed in another, delivering an average surprise of 8.24%. **Zacks Names "Single Best Pick to Double"** From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. [Free: See Our Top Stock and 4 Runners Up >>](https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&adid=SYND_NASDAQ_ZU_1S2DREPORTGLOBAL_ANALYSTBLOG_256_07032023&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116053)[Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116053)[Novartis AG (NVS) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=NVS&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116053)[Akero Therapeutics, Inc. (AKRO) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AKRO&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116053)[Baudax Bio, Inc. (BXRX) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=BXRX&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116053)[Omega Therapeutics, Inc. (OMGA) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=OMGA&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_256&cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116053)[To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2116053/baudax-bio-bxrx-up-125-on-acquiring-teraimmune?cid=CS-NASDAQ-FT-analyst_blog|company_news_-_medical_sector-2116053)[Zacks Investment Research](https://www.zacks.com/)
Stock Price 4 days before: 46.5121
Stock Price 2 days before: 45.9706
Stock Price 1 day before: 44.512
Stock Price at release: 44.7099
Risk-Free Rate at release: 0.0528
| 44.3731 |
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