3 Late-Season Earnings Plays for Mid-Cap Traders

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.
  • 5 stocks we like better than Ciena

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Ciena (CIEN)
4.9903 of 5 stars
$46.57+1.9%N/A30.24Moderate Buy$58.79
THOR Industries (THO)
3.6397 of 5 stars
$101.37+0.6%1.89%20.11Moderate Buy$104.00
KB Home (KBH)
4.4247 of 5 stars
$65.83+2.4%1.22%8.96Hold$66.11
Urban Outfitters (URBN)
4.1876 of 5 stars
$39.51+1.9%N/A13.00Hold$39.67
e.l.f. Beauty (ELF)
3.7978 of 5 stars
$174.61-0.8%N/A77.26Moderate Buy$184.33
(IHS) (IHS)
2.4028 of 5 stars
$3.44-0.3%N/A-0.59Buy$10.80
StepStone Group (STEP)
3.3368 of 5 stars
$36.32+1.8%2.31%40.36Hold$35.21
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