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3 Late-Season Earnings Plays for Mid-Cap Traders

Written by MarketBeat Staff
May 31, 2023

Key Points

  • In the mid-cap space, corporate earnings have been extraordinarily balanced between positive and negative surprises.
  • Ciena Corp. has delivered two huge earnings beats the last two times out.
  • The $1.10 consensus EPS target for Thor Industries implies that earnings will more than double from the previous quarter.
  • Given the recent tailwinds and Q1 beat, Wall Street's forecasts for KB Home's Q2 earnings seem overly pessimistic.
  • Interested in Ciena? Here are five stocks we like better.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Ciena (CIEN)
4.2422 of 5 stars		$72.82+1.9%N/A127.76Moderate Buy$77.62
THOR Industries (THO)
4.438 of 5 stars		$74.95+2.1%2.67%19.17Hold$87.57
KB Home (KBH)
4.9651 of 5 stars		$54.95+2.3%1.82%6.49Hold$71.04
Urban Outfitters (URBN)
4.0553 of 5 stars		$54.51+3.2%N/A15.62Hold$54.27
e.l.f. Beauty (ELF)
4.7274 of 5 stars		$68.24+9.6%N/A40.38Moderate Buy$116.88
(IHS) (IHS)
1.8875 of 5 stars		$4.91+59.9%N/A-0.71Moderate Buy$7.60
StepStone Group (STEP)
3.1422 of 5 stars		$54.60+5.9%1.76%-32.31Hold$61.64
Compare These Stocks  Add These Stocks to My Watchlist 

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