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Lean Into DraftKings as Its Most Wonderful Time of the Year Arrives
| August 5th, 2021  12:00 PM
Lean Into DraftKings as Its Most Wonderful Time of the Year Arrives
We often hear about Christmas in July, but for DraftKings (NASDAQ: DKNG) and other gambling stocks, the holiday season arrives in earnest with the arrival of football season. While exact numbers are unclear, an estimated $100 billion is wagered at licensed sportsbooks during the National Football League (NFL) season. And that is a harbinger…
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Lean Into DraftKings as Its Most Wonderful Time of the Year Arrives
Lean Into DraftKings as Its Most Wonderful Time of the Year Arrives
| August 5th | 2021  12:00PM
Lean Into DraftKings as Its Most Wonderful Time of the Year Arrives
We often hear about Christmas in July, but for DraftKings (NASDAQ: DKNG) and other gambling stocks, the holiday season arrives in earnest with the arrival of football season. While exact numbers are unclear, an estimated $100 billion is wagered at licensed sportsbooks during the National Football League (NFL) season. And that is a harbinger…
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Stocks rise following encouraging employment data, earnings
Chris Scherzinger
| August 5th | 2021  11:46AM
Stocks rise following encouraging employment data, earnings
NEW YORK (AP) — Stocks rose on Wall Street Thursday as investors reviewed encouraging jobs data and a strong batch of corporate earnings reports. The S&P 500 index rose 0.4% as of 11:28 a.m. Eastern. The Dow Jones Industrial Average rose 202 points, or 0.6%, to 34,995 and the Nasdaq rose 0.7%. The gains were broad in what has been a choppy week of trading, with technology companies leading the way.
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Shipping snags prompt US firms to mull retreat from China
Shipping snags prompt US firms to mull retreat from China
| August 5th | 2021  11:20AM
Shipping snags prompt US firms to mull retreat from China
WASHINGTON (AP) — Game maker Eric Poses last year created The Worst-Case Scenario Card Game, making a wry reference to the way the coronavirus had upended normal life. He had no idea. In a twist that Poses never could have predicted, his game itself would become caught up in the latest fallout from the health crisis: a…
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The Latest: Moderna plans booster doses to help fight virus
The Latest: Moderna plans booster doses to help fight virus
| August 5th | 2021  11:03AM
The Latest: Moderna plans booster doses to help fight virus
WASHINGTON — Moderna officials say while its COVID-19 vaccine’s protection is holding up, it’s planning for booster doses to help fight the highly contagious delta variant. With “the rising force of infection” from that variant and eventual waning immunity, a “booster will likely be necessary to keep us as safe as possible” this winter, Moderna President Dr.
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Jack In The Box Is Reloading For Another Bounce Higher
Jack In The Box Is Reloading For Another Bounce Higher
| August 5th | 2021  11:00AM
Jack In The Box Is Reloading For Another Bounce Higher
Jack In The Box Newest CEO Delivers On Value Jack in the Box (NASDAQ: JACK) is among our favorite picks in the fast-food industry. The stock is incredibly undervalued relative to its peers and deep into a nationwide rationalization that has revenue growing and profitability on the rise. The strategy is founded on three pillars that include a focus…
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The Latest: Malaysia’s daily coronavirus cases top 20,000
The Latest: Malaysia’s daily coronavirus cases top 20,000
| August 5th | 2021  10:49AM
The Latest: Malaysia’s daily coronavirus cases top 20,000
KUALA LUMPUR, Malaysia — Malaysia’s daily coronavirus infections exceeded 20,000 for the first time Thursday, doubling in just three weeks despite a national lockdown. The health ministry reported 20,596 new cases, pushing the country’s total confirmed infections to 1.2 million. Malaysia imposed a state of emergency to…
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Bank of England hints at rate rise amid buoyant UK recovery
Bank of England hints at rate rise amid buoyant UK recovery
| August 5th | 2021  10:41AM
Bank of England hints at rate rise amid buoyant UK recovery
LONDON (AP) — The Bank of England indicated Thursday that interest rates may be on the up soon as it painted a fairly rosy picture about the near-term prospects for the British economy following the lifting of lockdown restrictions in the wake of the rapid rollout of coronavirus vaccines. In a statement accompanying its decision to keep…
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US trade deficit hits record $75.7 billion in June
US trade deficit hits record $75.7 billion in June
| August 5th | 2021  9:46AM
US trade deficit hits record $75.7 billion in June
WASHINGTON (AP) — The U.S. trade deficit increased to a record $75.7 billion in June as a rebounding American economy sent demand for imports surging. The Commerce Department reported Thursday that the deficit rose 6.7% from a revised May deficit of $71 billion. The June deficit set a record, topping the old mark of $75 billion set in March.
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Wall Street opens higher, led by energy, retail stocks
Wall Street opens higher, led by energy, retail stocks
| August 5th | 2021  9:42AM
Wall Street opens higher, led by energy, retail stocks
SINGAPORE (AP) — Stocks are opening slightly higher on Wall Street Thursday led by energy, real estate and financial companies. New data showed the U.S. trade deficit increased to a record $75.7 billion in June and the number of Americans applying for unemployment benefits fell last week by 14,000 to 385,000, more evidence that the economy and the job market are rebounding briskly from the coronavirus recession.
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Delta variant challenges China's costly lockdown strategy
Delta variant challenges China's costly lockdown strategy
| August 5th | 2021  9:38AM
Delta variant challenges China's costly lockdown strategy
BEIJING (AP) — The delta variant is challenging China’s costly strategy of isolating cities, prompting warnings that Chinese leaders who were confident they could keep the coronavirus out of the country need a less disruptive approach. As the highly contagious variant pushes leaders in the United States, Australia and elsewhere to renew…
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US jobless claims down 14,000 to 385,000 as economy rebounds
US jobless claims down 14,000 to 385,000 as economy rebounds
| August 5th | 2021  9:07AM
US jobless claims down 14,000 to 385,000 as economy rebounds
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week by 14,000 to 385,000, more evidence that the economy and the job market are rebounding briskly from the coronavirus recession. The Labor Department reported Thursday that unemployment claims — a proxy for layoffs — dropped last week from a revised 399,000 the week before.
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The Clorox Company Got Sanitized, Now Is The Time To Buy
The Clorox Company Got Sanitized, Now Is The Time To Buy
| August 5th | 2021  9:00AM
The Clorox Company Got Sanitized, Now Is The Time To Buy
The COVID-19 Bump Is Over For The Clorox Company The Clorox Company (NYSE: CLX) made big waves last year in the wake of the COVID-19 pandemic. The company's products became the go-to brand for at-home and institutional sanitation needs and store shelves were wiped clean. The company reported a 500% increase in demand that had production backed up for several quarters but that was then.
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Learn the IT and Networking Skills You Need In the Digital Age
Learn the IT and Networking Skills You Need In the Digital Age
| August 5th | 2021  9:00AM
Learn the IT and Networking Skills You Need In the Digital Age
Technology is constantly changing and it's important for entrepreneurs to stay on top of the cutting-edge to ensure they have the best tools to help their companies grow. As the digital age becomes more entrenched, entrepreneurs today owe it to themselves to be more tech-savvy than ever. That means understanding the IT and networking…
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3 Stocks with Good Short Squeeze Potential
3 Stocks with Good Short Squeeze Potential
| August 5th | 2021  8:00AM
3 Stocks with Good Short Squeeze Potential
The dawn of social media-driven investing has brought immense interest in riding the next short squeeze stock. A short squeeze occurs when investors that short, or bet against, a stock are forced to cover their position by buying the same stock. It coincides with a flood of regular buying activity that is often combined with bullish options trading—and…
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Survey Says: Retirees Wish They'd Saved More. Will You Be in the Same Boat?
Survey Says: Retirees Wish They
| August 5th | 2021  6:00AM
Survey Says: Retirees Wish They'd Saved More. Will You Be in the Same Boat?
In September 2000, the Employee Benefit Research Institute (EBRI) with the Retirement Security Research Center (RSRC) surveyed 2,000 individuals, aged 62 to 75. Of these individuals, 97% reported being retired (80% reported that their spouses were retired).  According to the study, households fit into the following categories:  High…
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The 3 Best Retail Stocks to Shop for in August
The 3 Best Retail Stocks to Shop for in August
| August 5th | 2021  5:30AM
The 3 Best Retail Stocks to Shop for in August
The prospect of adding shares of retail companies that weren't considered "essential businesses" was almost unthinkable a year ago, as the pandemic kept shoppers at home and caused big issues for the majority of retailers that generate revenue with physical stores. Fast forward a year later and the story surrounding companies in the retail industry has improved dramatically.
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ZipRecruiter is a Return to Normal Play
ZipRecruiter is a Return to Normal Play
| August 5th | 2021  5:15AM
ZipRecruiter is a Return to Normal Play
Online job recruiter ZipRecruiter (NYSE: ZIP) stock is benefiting from the labor shortage amidst rising employment and wage inflation. The tight labor market is a boon to business as the return to normal means companies are on hiring binges. However, the rising wage pressures and the limited talent pool is squeezing organizations to be more efficient in their search.
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For Robinhood Stock the Hunter Has Become the Hunted
For Robinhood Stock the Hunter Has Become the Hunted
| August 5th | 2021  5:10AM
For Robinhood Stock the Hunter Has Become the Hunted
Let’s file this under the “what did you think was going to happen?” category. Robinhood (NASDAQ: HOOD) is now a publicly-traded stock that is getting the meme stock treatment from investors.   The newly public stock had trading halted shortly after the market opened due to a limit up-limit down (LULU) pause.
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The 10 Most Searched Stocks on MarketBeat in August 2021
The 10 Most Searched Stocks on MarketBeat in August 2021
| August 5th | 2021  5:00AM
The 10 Most Searched Stocks on MarketBeat in August 2021
Identifying trending stocks is a sound investing strategy. When a stock is trending it generally has strong and growing interest from retail and institutional investors. The MarketBeat trending stocks report aims to identify trending companies based on the actions and interests of MarketBeat readers and subscribers. Rankings are calculated based on…
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3 Semiconductor Stocks Set to Soar
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| August 3rd, 5:05 AM
3 Semiconductor Stocks Set to Soar
Although many semiconductor stocks have rallied substantially in 2021, with the way these companies are delivering such strong earnings they could end up looking like bargains at current price levels by the end of the year. Consider the fact that widespread shortages could last well into the next year and help companies in the industry achieve new levels of success.
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3 Hot Stocks Under $100 to Buy Now
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| August 4th, 4:30 AM
3 Hot Stocks Under $100 to Buy Now
One of the great things about investing is that there are countless opportunities to add quality companies to your portfolio regardless of your account size and budget. Anyone can grow their equity curve with proper planning and an eye for businesses that could be undervalued, and looking at stocks that are priced under $100 is a great place to start.
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ON Semiconductors, Another Reason To GET Bullish On Microchips
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| August 3rd, 4:00 AM
ON Semiconductors, Another Reason To GET Bullish On Microchips
ON Semiconductor Is About To Set A New High ON Semiconductors (NASDAQ: ON) has given another confirmation of what we already knew to be true about the semiconductor industry. Global systemic demand for microchips has sparked a secular upcycle in the microchip industry.  ON Semiconductor’s exposure to the OEM auto market and computer vision/automation industry make it a top pick in the sector.
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Buy American Water Works As it Continues to Gush Profits
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| August 3rd, 10:00 AM
Buy American Water Works As it Continues to Gush Profits
Investors don’t often think about a utility stock providing a five-year stock price gain of 107%. But if you had bought and held shares in American Water Works (NYSE:AWK) five years ago, that’s the gain you would be sitting on.  To put that into perspective, Duke Energy (NYSE:DUK) a recognized leader in the utility sector has returned 26% share price growth over that same period.
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Is Now The Time To Buy Alibaba (NYSE: BABA)?
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| August 4th, 8:00 AM
Is Now The Time To Buy Alibaba (NYSE: BABA)?
It’s often been said that the time to buy is when there’s blood on the streets, and with shares of Alibaba (NYSE: BABA) falling as much as 40% since last October, it’s not unreasonable to ask if now’s the time to start picking up some shares. While Alibaba’s stock has undoubtedly had a rough first half of the year, there’s…
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Is it Time to Take a Bite of Apple Stock?
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| August 3rd, 5:08 AM
Is it Time to Take a Bite of Apple Stock?
Last week Apple (NASDAQ: AAPL) reported another strong quarter that confirmed business conditions are healthy in a strengthening global economy. However, management’s forecast for slowing growth in the current period and lack of guidance spooked some investors. Apple stock retreated from its pre-earnings build-up just as it had appeared it…
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The 10 Most Searched Stocks on MarketBeat in August 2021
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| August 5th, 5:00 AM
The 10 Most Searched Stocks on MarketBeat in August 2021
Identifying trending stocks is a sound investing strategy. When a stock is trending it generally has strong and growing interest from retail and institutional investors. The MarketBeat trending stocks report aims to identify trending companies based on the actions and interests of MarketBeat readers and subscribers. Rankings are calculated based on…
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Insiders are Loading Up on These 3 Stocks
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| August 4th, 6:05 AM
Insiders are Loading Up on These 3 Stocks
Although U.S. stock indices continue to climb to new record highs, not all stocks have participated in the rally. In fact, some have trended lower for a variety of reasons from poor financial results to selling pressure applied by doubtful sellers. Still, with most stocks trending higher along with the broader market it can be hard to find names that may be undervalued.
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Square (NYSE: SQ) On The Verge Of Fresh All Time Highs
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| August 3rd, 9:00 AM
Square (NYSE: SQ) On The Verge Of Fresh All Time Highs
By the time the bell rang to end Monday’s session, shares of fintech giant Square (NYSE: SQ) were up more than 10% on the day after coming within $3 of hitting an all-time high. This latest pop comes off the back of a multi-week rally which has seen the stock surge close to 50% in little more than two months. It means shares are back up at the…
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3 Attractive Earnings Plays for Swing Traders
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| August 4th, 10:00 AM
3 Attractive Earnings Plays for Swing Traders
A trading strategy built around company earnings reports can be a risky strategy. But of course, with significant risk can come significant returns. The analyst consensus expectations of revenue and earnings per share (EPS) set the bar but it is often the case the bar gets raised by stronger than anticipated results. Conversely, the less frequent…
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The 3 Best Retail Stocks to Shop for in August
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| August 5th, 5:30 AM
The 3 Best Retail Stocks to Shop for in August
The prospect of adding shares of retail companies that weren't considered "essential businesses" was almost unthinkable a year ago, as the pandemic kept shoppers at home and caused big issues for the majority of retailers that generate revenue with physical stores. Fast forward a year later and the story surrounding companies in the retail industry has improved dramatically.
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Robinhood shares fly again, soaring as much as 80%
Vladimir Tenev
| August 4th, 2:06 PM
Robinhood shares fly again, soaring as much as 80%
NEW YORK (AP) — Robinhood's stock is flying again Wednesday, jumping so much that trading was temporarily halted three times in the first half hour after the market opened. Robinhood Markets was up 44.4% at $67.64, as of 1:45 p.m. Eastern time, accelerating what's already been a blistering week of gains. Earlier in the morning, the stock was briefly up by nearly 82%.
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Carmaker Stellantis reports record 1H margins, $7b profits
Carmaker Stellantis reports record 1H margins, $7b profits
| August 3rd, 11:11 AM
Carmaker Stellantis reports record 1H margins, $7b profits
MILAN (AP) — Stellantis said operations are meshing faster than expected since the company's creation with France's Peugeot PSA;s takeover of the Italian-American car maker Fiat Chrysler, yet snarled global supply chains clipped production by 700,000 vehicles. In the first half of the year, Stellantis booked profits of 5.9 billion euros…
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Time to Buy Back into Denny’s Stock
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| August 3rd, 11:00 AM
Time to Buy Back into Denny’s Stock
Fast-casual restaurant chain Denny’s, Inc. (NASDAQ: DENN) stock has been in a steady downward spiral since peaking off it $19.99 post-pandemic peak. Restaurant stocks are facing the fear of more regional capacity and lockdowns on fears of the rapidly spreading Delta variant of the COVID-19 virus despite the acceleration of vaccinations. Capacity…
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The Clorox Company Got Sanitized, Now Is The Time To Buy
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| August 5th, 9:00 AM
The Clorox Company Got Sanitized, Now Is The Time To Buy
The COVID-19 Bump Is Over For The Clorox Company The Clorox Company (NYSE: CLX) made big waves last year in the wake of the COVID-19 pandemic. The company's products became the go-to brand for at-home and institutional sanitation needs and store shelves were wiped clean. The company reported a 500% increase in demand that had production backed up for several quarters but that was then.
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PepsiCo to sell Tropicana, other juices, in $3.3B deal
PepsiCo to sell Tropicana, other juices, in $3.3B deal
| August 3rd, 9:33 AM
PepsiCo to sell Tropicana, other juices, in $3.3B deal
PepsiCo will sell Tropicana and other juices to a private equity firm in a $3.3 billion deal. The New York drink and snack company will keep a 39% non-controlling stake in a newly formed joint venture in the deal with PAI Partners. The sale reflects the industry's uncertainty about demand for fruit juice as consumers look…
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3 Stocks with Good Short Squeeze Potential
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| August 5th, 8:00 AM
3 Stocks with Good Short Squeeze Potential
The dawn of social media-driven investing has brought immense interest in riding the next short squeeze stock. A short squeeze occurs when investors that short, or bet against, a stock are forced to cover their position by buying the same stock. It coincides with a flood of regular buying activity that is often combined with bullish options trading—and…
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LegalZoom.com Stock is Ready to Rally
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| August 3rd, 5:00 AM
LegalZoom.com Stock is Ready to Rally
Online legal and compliance solutions platform LegalZoom (NYSE: LZ) stock is in price discovery mode after its recent IPO. The two-decade-old company based out of Glendale, CA, is a premier forerunner to the subscription model for legal forms, business compliance, trademarks and copyrights, and legal advice. The Company has a mission to democratize…
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The Kroger Company Stock is Looking Bountiful
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| August 3rd, 10:00 AM
The Kroger Company Stock is Looking Bountiful
Grocery chain operator The Kroger Company (NYSE: KR) stock has been amazingly resilient dispelling popular belief the pandemic benefactor would experience a reversal during the reopening trend. The operator of 2,800 stores in 25 states was a clear pandemic winner during the pandemic as food and toiletry shortages caused a spike in traffic. As the pandemic…
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HubSpot (NYSE:HUBS) Price Target Increased to $700.00 by Analysts at Truist
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| August 5th, 11:43 AM
HubSpot (NYSE:HUBS) Price Target Increased to $700.00 by Analysts at Truist
HubSpot (NYSE:HUBS) had its target price hoisted by investment analysts at Truist from $600.00 to $700.00 in a report released on Thursday, The Fly reports. The brokerage currently has a "buy" rating on the software maker's stock. Truist's target price would indicate a potential upside of 7.38% from the stock's current price.HubSpot Stock Has Never Looked So GoodA number of other equities analysts have also weighed in on the stock.
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Nevro (NYSE:NVRO) Price Target Cut to $165.00 by Analysts at Truist
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| August 5th, 11:43 AM
Nevro (NYSE:NVRO) Price Target Cut to $165.00 by Analysts at Truist
Nevro (NYSE:NVRO) had its price target lowered by Truist from $205.00 to $165.00 in a research report issued to clients and investors on Thursday, The Fly reports. The firm presently has a "buy" rating on the medical equipment provider's stock. Truist's price target indicates a potential upside of 52.61% from the stock's current price.NVRO has been the subject of a number of other reports.
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SolarWinds (NYSE:SWI) Price Target Cut to $21.00
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| August 5th, 11:43 AM
SolarWinds (NYSE:SWI) Price Target Cut to $21.00
SolarWinds (NYSE:SWI) had its target price dropped by research analysts at Truist from $34.00 to $21.00 in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage presently has a "hold" rating on the software maker's stock. Truist's price target suggests a potential upside of 2.29% from the stock's previous close.Here’s…
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Rapid7 (NASDAQ:RPD) Price Target Increased to $125.00 by Analysts at Truist
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| August 5th, 11:43 AM
Rapid7 (NASDAQ:RPD) Price Target Increased to $125.00 by Analysts at Truist
Rapid7 (NASDAQ:RPD) had its price target boosted by research analysts at Truist from $110.00 to $125.00 in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage currently has a "buy" rating on the technology company's stock. Truist's target price would indicate a potential upside of 8.72% from the stock's previous close.A number of other equities analysts have also recently weighed in on RPD.
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Royal Bank of Canada Boosts SBA Communications (NASDAQ:SBAC) Price Target to $370.00
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| August 5th, 11:24 AM
Royal Bank of Canada Boosts SBA Communications (NASDAQ:SBAC) Price Target to $370.00
SBA Communications (NASDAQ:SBAC) had its target price increased by Royal Bank of Canada from $335.00 to $370.00 in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage presently has an "outperform" rating on the technology company's stock. Royal Bank of Canada's price objective would indicate a potential upside of 7.36% from the stock's current price.SBAC has been the subject of several other reports.
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Qorvo (NASDAQ:QRVO) PT Raised to $200.00 at BMO Capital Markets
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| August 5th, 11:24 AM
Qorvo (NASDAQ:QRVO) PT Raised to $200.00 at BMO Capital Markets
Qorvo (NASDAQ:QRVO) had its price target hoisted by investment analysts at BMO Capital Markets from $190.00 to $200.00 in a research note issued to investors on Thursday, The Fly reports. The brokerage presently has a "market perform" rating on the semiconductor company's stock. BMO Capital Markets' target price would indicate a potential upside of…
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Roth Capital Raises Acushnet (NYSE:GOLF) Price Target to $62.00
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| August 5th, 11:24 AM
Roth Capital Raises Acushnet (NYSE:GOLF) Price Target to $62.00
Acushnet (NYSE:GOLF) had its target price hoisted by equities research analysts at Roth Capital from $56.00 to $62.00 in a research note issued to investors on Thursday, The Fly reports. The firm currently has a "buy" rating on the stock. Roth Capital's price objective would suggest a potential upside of 13.47% from the company's current price.3 Golf Stocks that Look Tee-rificA number of other equities analysts also recently weighed in on GOLF.
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Morgan Stanley Trims Verisk Analytics (NASDAQ:VRSK) Target Price to $207.00
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| August 5th, 11:04 AM
Morgan Stanley Trims Verisk Analytics (NASDAQ:VRSK) Target Price to $207.00
Verisk Analytics (NASDAQ:VRSK) had its price objective reduced by stock analysts at Morgan Stanley from $209.00 to $207.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an "overweight" rating on the business services provider's stock. Morgan Stanley's target price would indicate a potential upside of 9.73% from…
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Canaccord Genuity Boosts TTEC (NASDAQ:TTEC) Price Target to $130.00
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| August 5th, 11:04 AM
Canaccord Genuity Boosts TTEC (NASDAQ:TTEC) Price Target to $130.00
TTEC (NASDAQ:TTEC) had its price objective hoisted by equities research analysts at Canaccord Genuity from $125.00 to $130.00 in a report released on Thursday, Benzinga reports. The firm currently has a "buy" rating on the business services provider's stock. Canaccord Genuity's price target would suggest a potential upside of 24.25% from the company's current price.Several other equities research analysts have also commented on the company.
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Virtu Financial (NASDAQ:VIRT) Price Target Cut to $25.00
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| August 5th, 11:04 AM
Virtu Financial (NASDAQ:VIRT) Price Target Cut to $25.00
Virtu Financial (NASDAQ:VIRT) had its price objective decreased by research analysts at Morgan Stanley from $26.00 to $25.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has an "underweight" rating on the financial services provider's stock. Morgan Stanley's price target would suggest a potential downside of 0.99% from…
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Upland Software (NASDAQ:UPLD) Price Target Lowered to $48.00 at Canaccord Genuity
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| August 5th, 11:04 AM
Upland Software (NASDAQ:UPLD) Price Target Lowered to $48.00 at Canaccord Genuity
Upland Software (NASDAQ:UPLD) had its price objective reduced by analysts at Canaccord Genuity from $57.00 to $48.00 in a report released on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the software maker's stock. Canaccord Genuity's target price indicates a potential upside of 33.44% from the stock's current price.Other equities analysts have also recently issued reports about the stock.
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Varonis Systems (NASDAQ:VRNS) Rating Lowered to Sell at Zacks Investment Research
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| August 5th, 10:48 AM
Varonis Systems (NASDAQ:VRNS) Rating Lowered to Sell at Zacks Investment Research
Varonis Systems (NASDAQ:VRNS) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a note issued to investors on Thursday, Zacks.com reports. According to Zacks, "Varonis Systems Inc. provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Its products…
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CMS Energy (NYSE:CMS) Updates FY 2022 Earnings Guidance
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| August 5th, 10:35 AM
CMS Energy (NYSE:CMS) Updates FY 2022 Earnings Guidance
CMS Energy (NYSE:CMS) updated its FY 2022 earnings guidance on Thursday. The company provided EPS guidance of $2.850-$2.870 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.920. The company issued revenue guidance of -.CMS Energy also updated its FY 2021 guidance to $2.610-$2.650 EPS.A number of analysts recently issued reports on CMS shares.
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Western Digital (NASDAQ:WDC) Price Target Raised to $101.00 at Craig Hallum
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| August 5th, 10:20 AM
Western Digital (NASDAQ:WDC) Price Target Raised to $101.00 at Craig Hallum
Western Digital (NASDAQ:WDC) had its price target upped by stock analysts at Craig Hallum from $95.00 to $101.00 in a note issued to investors on Thursday, The Fly reports. The firm currently has a "buy" rating on the data storage provider's stock. Craig Hallum's target price suggests a potential upside of 53.87% from the stock's previous close.A number of other analysts have also weighed in on WDC.
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SiTime (NASDAQ:SITM) Price Target Raised to $200.00 at Roth Capital
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| August 5th, 10:20 AM
SiTime (NASDAQ:SITM) Price Target Raised to $200.00 at Roth Capital
SiTime (NASDAQ:SITM) had its price target upped by Roth Capital from $130.00 to $200.00 in a report issued on Thursday, The Fly reports. The brokerage currently has a "buy" rating on the stock. Roth Capital's price objective suggests a potential upside of 11.38% from the stock's previous close.Other research analysts have also recently issued research reports about the stock.
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Altria Group (NYSE:MO) Releases FY 2021 Earnings Guidance
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| August 5th, 10:19 AM
Altria Group (NYSE:MO) Releases FY 2021 Earnings Guidance
Altria Group (NYSE:MO) updated its FY 2021 earnings guidance on Thursday. The company provided earnings per share guidance of $4.560-$4.620 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.590. The company issued revenue guidance of -.3 Value Stocks in Focus as Rotation ContinuesMO stock traded up $0.32 during mid-day trading on Thursday, hitting $47.35.
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Perficient (NASDAQ:PRFT) Releases Q3 2021 Earnings Guidance
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| August 5th, 10:19 AM
Perficient (NASDAQ:PRFT) Releases Q3 2021 Earnings Guidance
Perficient (NASDAQ:PRFT) issued an update on its third quarter 2021 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.830-$0.860 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.790. The company issued revenue guidance of $186 million-$191 million, compared to the…
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Omnicell (NASDAQ:OMCL) Releases FY 2021 Earnings Guidance
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| August 5th, 10:19 AM
Omnicell (NASDAQ:OMCL) Releases FY 2021 Earnings Guidance
Omnicell (NASDAQ:OMCL) issued an update on its FY 2021 earnings guidance on Thursday morning. The company provided earnings per share guidance of $3.650-$3.750 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.590. The company issued revenue guidance of $1.10 billion-$1.12 billion, compared to the consensus…
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Trinseo (NYSE:TSE) Sees Unusually-High Trading Volume After Earnings Beat
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| August 5th, 10:16 AM
Trinseo (NYSE:TSE) Sees Unusually-High Trading Volume After Earnings Beat
Shares of Trinseo S.A. (NYSE:TSE) saw unusually-high trading volume on Thursday after the company announced better than expected quarterly earnings. Approximately 10,900 shares changed hands during mid-day trading, a decline of 97% from the previous session's volume of 377,503 shares.The stock last traded at $51.15 and had previously closed at $52.52.The…
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