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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 96

It’s Not Time To Sell KB Home … Yet
March 24, 2022 7:00 AM ET

It’s Not Time To Sell KB Home … Yet

Thomas Hughes

KB Home (NYSE: KBH) is yet another business giving a reason why you shouldn’t trust the rebound in stocks. The company reports near and long-term headwinds are mounting and cutting into the business.

NYSE:KBH
Read It’s Not Time To Sell KB Home … Yet
Enerpac Tool Group Reports Headwinds You Need To Know About 
March 24, 2022 1:00 AM ET

Enerpac Tool Group Reports Headwinds You Need To Know About 

Thomas Hughes

Enerpac Tool Group (NYSE: EPAC) is not the first company to report the impact of Russia’s war on Ukraine is affecting business. It is the first, however, that we’ve read, to quantify that impact as a headwind and to lump it together inflation and foreign exchange as a detriment to business in the second half of the year.

NYSE:EPAC
Read Enerpac Tool Group Reports Headwinds You Need To Know About 
Undervalued Winnebago Gets Even Cheaper 
March 24, 2022 12:00 AM ET

Undervalued Winnebago Gets Even Cheaper 

Thomas Hughes

Winnebago (NYSE: WGO) shares are moving lower in the wake of the FQ2 earnings report for one reason and one reason alone. The company’s and the industry's strength has been well forecast so many in the market, including ourselves, were expecting outperformance relative to the analyst's consensus.

NYSE:WGO
Read Undervalued Winnebago Gets Even Cheaper 
The Institutions Buy The Dip In Cintas 
March 23, 2022 8:00 AM ET

The Institutions Buy The Dip In Cintas 

Thomas Hughes

Shares of Cintas (NASDAQ: CTAS) corrected over the last three months and have put in a bottom. The bottom began to form in late January with an uptick in institutional buying and the market has since traced out a nice looking Head & Shoulders Reversal Pattern and the movement is gaining momentum.

NASDAQ:CTAS
Read The Institutions Buy The Dip In Cintas 
Analysts Reel In Targets For Adobe But It’s Still A Buy 
March 23, 2022 7:00 AM ET

Analysts Reel In Targets For Adobe But It’s Still A Buy 

Thomas Hughes

The analysts began reeling in their estimates on Adobe (NASDAQ: ADBE) even before the Q1 earnings release and that activity has picked up momentum. There were 6 price target adjustments leading into the release and 9 so far in its wake and all are weighing on share prices now.

NASDAQ:ADBE
Read Analysts Reel In Targets For Adobe But It’s Still A Buy 
FreightCar America Finally Gets On Track 
March 22, 2022 11:00 AM ET

FreightCar America Finally Gets On Track 

Thomas Hughes

We’ve been waiting for FreightCar America (NASDAQ: RAIL) to put in some solid numbers and after many quarters, systemic headwinds, COVID-related closures, and rising input costs the company has done just that

NASDAQ:RAIL
Read FreightCar America Finally Gets On Track 
J. Jill, Inc Is Not Ready To Rally Back Up The Hill 
March 22, 2022 11:00 AM ET

J. Jill, Inc Is Not Ready To Rally Back Up The Hill 

Thomas Hughes

J. Jill, Inc (NYSE: JILL) reported a fantastic FQ4 and even gave fairly robust guidance but it is not, we think, enough to sustain a rally. While the company was able to grow revenue from last year and widen its margin the outlook for this year is tepid at best.

NYSE:JILL
Read J. Jill, Inc Is Not Ready To Rally Back Up The Hill 
Nike Leads Dow 30 Higher, More Upside Could Be Ahead
March 22, 2022 8:00 AM ET

Nike Leads Dow 30 Higher, More Upside Could Be Ahead

Thomas Hughes

Shares of Nike (NYSE: NKE) are up more than 8% in the wake of the FQ3 earnings report and are leading the Dow 30 higher. The DJI is up nearly a full percent with the aid of Nike and it, too, could be heading higher.

NYSE:NKE
Read Nike Leads Dow 30 Higher, More Upside Could Be Ahead
DocuSign CEO Bets Big On Company’s Future 
March 22, 2022 7:00 AM ET

DocuSign CEO Bets Big On Company’s Future 

Thomas Hughes

Shares of DocuSign (NASDAQ: DOCU) have been in a correction for several quarters due to slowing growth and it hit a new low in the wake of the FQ4 results. The good news is that a bottom is now in play due to an uptick in insider and institutional activity.

NASDAQ:DOCU
Read DocuSign CEO Bets Big On Company’s Future 
The Three Most Upgraded Stocks In Q1 2022
March 22, 2022 4:00 AM ET

The Three Most Upgraded Stocks In Q1 2022

Thomas Hughes

The analysts are a fickle bunch whose sentiment toward a stock can change at a moment's notice. As hard as it is to succeed by simply following the analysts and their ratings, when there is a clear trend in analyst sentiment, either good or bad, it can have a meaningful impact on stock market price action.

NASDAQ:AAPLNASDAQ:TSLANYSE:CVX
Read The Three Most Upgraded Stocks In Q1 2022
Insiders And Institutions Buy Skechers U.S.A. 
March 21, 2022 8:00 AM ET

Insiders And Institutions Buy Skechers U.S.A. 

Thomas Hughes

The insiders and institutions are buying Skechers U.S.A (NYSE: SKX) and may have put a bottom in share prices. While the trend in insider activity over the past year has been bearish the most recent and last two transactions signal a change in sentiment.

NYSE:SKX
Read Insiders And Institutions Buy Skechers U.S.A. 
The Analysts Put Dollar General On Track For An All-Time High 
March 21, 2022 7:00 AM ET

The Analysts Put Dollar General On Track For An All-Time High 

Thomas Hughes

Dollar General (NYSE: DG) shares have not been immune to market malaise but those sad days are behind us. The company’s stock began reversing from a bottom days before the Q4 earnings were released and now they are rocketing higher in a very well pronounced Vee-bottom.

NYSE:DG
Read The Analysts Put Dollar General On Track For An All-Time High 
The Institutions Are Buying The Dip In FedEx 
March 18, 2022 7:00 AM ET

The Institutions Are Buying The Dip In FedEx 

Thomas Hughes

The institutions like what FedEx (NYSE: FDX) is delivering and have been buying the stock. Their purchases coincided with a bottom in price action that has the stock poised to move higher. The net of activity in the 1st 10 weeks of Q1 is worth 2.25% of the total shares and puts the institutional ownership at 77.75% and growing.

NYSE:FDX
Read The Institutions Are Buying The Dip In FedEx 
Results And Analysts Put A Bottom In Semtech
March 18, 2022 3:00 AM ET

Results And Analysts Put A Bottom In Semtech

Thomas Hughes

After correcting more than 30% from the recent highs it looks like the bottom is in for Semtech (NASDAQ: SMTC). Unlike other rallies in the market this week, this one is not aided by a high short interest so looks like the real thing

NASDAQ:SMYC
Read Results And Analysts Put A Bottom In Semtech
The Bottom Is In For Williams-Sonoma But Wait to Buy It 
March 17, 2022 8:00 AM ET

The Bottom Is In For Williams-Sonoma But Wait to Buy It 

Thomas Hughes

Shares of Williams-Sonoma (NYSE: WSM) rocketed higher following the Q4 earnings report but don’t buy into the move just yet. While the results confirm the underlying thesis in the stock the pop in prices is as much to do with short-covering as anything else.

NYSE:WSM
Read The Bottom Is In For Williams-Sonoma But Wait to Buy It 
This Is A Buyable Bottom For Homebuilder Lennar
March 17, 2022 7:00 AM ET

This Is A Buyable Bottom For Homebuilder Lennar

Thomas Hughes

Shares of Lennar (NYSE: LEN) have been in a downtrend due to mounting fears supply chain issues and inflation would not only cut into results but curb demand. The downtrend may be over because the FQ1 results and outlook for the year have laid those fears to rest.

NYSE:LEN
Read This Is A Buyable Bottom For Homebuilder Lennar
If The Shoe Fits, Buy Shoe Carnival Stock For Dividend Growth
March 17, 2022 2:00 AM ET

If The Shoe Fits, Buy Shoe Carnival Stock For Dividend Growth

Thomas Hughes

Shares of Shoe Carnival (NASDAQ: SCVL) are rocketing higher on a combination of factors that we see driving the price action back to the recently set all-time highs. Not only is there a whopping 16% short-interest and short-squeeze in play but the company’s results and outlook are well above consensus.

NASDAQ:SCVL
Read If The Shoe Fits, Buy Shoe Carnival Stock For Dividend Growth
The Bottom Is In For Jabil, Inc, But Don’t Buy It Yet 
March 17, 2022 2:00 AM ET

The Bottom Is In For Jabil, Inc, But Don’t Buy It Yet 

Thomas Hughes

Jabil, Inc (NYSE: JBL) is benefiting from secular tailwinds and strong demand in all end-markets and that has shares up more than 7.0% following the FQ2 results. The problem, for us, is that price action after the pop is a little bearish and the analysts have yet to say anything.

NYSE:JBIL
Read The Bottom Is In For Jabil, Inc, But Don’t Buy It Yet 
G-III Apparel, Another Great Stock You Should Wait To Buy 
March 16, 2022 11:00 PM ET

G-III Apparel, Another Great Stock You Should Wait To Buy 

Thomas Hughes

Shares of G-III Apparel (NASDAQ: GIII) popped in the wake of the Q4 earnings report and will likely move higher over the long term. In the near term, however, there is a shadow hanging over the market that will likely cap gains if not drive them back to retest support.

NASDAQ:GIII
Read G-III Apparel, Another Great Stock You Should Wait To Buy 
The Analysts Put A Bottom In Crowdstrike
March 16, 2022 8:00 AM ET

The Analysts Put A Bottom In Crowdstrike

Thomas Hughes

Crowdstrike (NASDAQ: CRWD) sparked a round of analysis chatter with its Q4 earnings report and the chatter is mixed. That said, there is one clear takeaway from the report and the analyst's commentary and that is this stock is undervalued.

NASDAQ:CRWD
Read The Analysts Put A Bottom In Crowdstrike
Metaverse Stock Zedge Is Getting Bought By The Institutions 
March 16, 2022 7:00 AM ET

Metaverse Stock Zedge Is Getting Bought By The Institutions 

Thomas Hughes

Metaverse stock Zedge (NYSE;: ZDGE) has been working diligently on expanding its offering, boosting revenue, and driving earnings power and those efforts have begun to pay off. The Q2 results not only came in strong but exceeded the expectations by more than 1100 basis points and are, we think, about to spark a rise in share prices that will be supported by the institutions and the analysts.

NYSEAMERICAN:ZDGE
Read Metaverse Stock Zedge Is Getting Bought By The Institutions 
Coupa Software Hits Bottom But What Comes Next? 
March 16, 2022 4:30 AM ET

Coupa Software Hits Bottom But What Comes Next? 

Thomas Hughes

Coupa Software (NASDAQ: COUP) is a cloud-based SaaS company offering business-spend services worldwide. The company’s services got a boost from the pandemic and have been in high demand but one thing is clear from the results,

NASDAQ:COUP
Read Coupa Software Hits Bottom But What Comes Next? 
Kandi Technologies Q4 Results Are Not So Sweet
March 15, 2022 6:15 AM ET

Kandi Technologies Q4 Results Are Not So Sweet

Thomas Hughes

Shares of Kandi Technologies (NASDAQ: KNDI) have been moving steadily lower the past few months and look like they will continue to head lower at least in the near term. The company has been working hard on a transformation that is paying off but is still in its earliest phases.

NASDAQ:KNDI
Read Kandi Technologies Q4 Results Are Not So Sweet
Small-Cap Digitial Media Solutions Is In Deep-Value Range 
March 15, 2022 6:05 AM ET

Small-Cap Digitial Media Solutions Is In Deep-Value Range 

Thomas Hughes

Digital Media Solutions (NYSE: DMS) is among the smallest of the microcap stocks in our coverage universe but it deserves its place. The company is a digital marketing specialist with a focus on performance marketing based on its dynamic diversification model.

NYSE:DMS
Read Small-Cap Digitial Media Solutions Is In Deep-Value Range 
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