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300.0

2023-01-04 00:00:00 UTC

Alphabet's (GOOGL) Google Builds Terrorism Moderation Tool

A

https://www.nasdaq.com/articles/alphabets-googl-google-builds-terrorism-moderation-tool

Alphabet’s GOOGL Google continues to make strong endeavors toward the refinement of its content and to comply with the new anti-extremism measures. Reportedly, the company’s research and development unit, Jigsaw, is developing a free terrorism moderation tool for smaller websites in collaboration with the UN-backed initiative - Tech Against Terrorism. The latest move is in line with the new legislation in the United Kingdom and the European Union against illegal and terrorism-related online content. EU’s Digital Services Act came into force in November 2022, and the Online Safety bill of the UK is set to become law this year. The agenda behind both Digital Services Act and Online Safety Bill is to force internet companies to remove illegal or extremist content from their platforms. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote More Into the Headlines Google is focusing more on the smaller websites as they are less equipped to tackle illegal content and thus, they become the targets of terrorists. Since content moderation becomes challenging for small firms due to limited resources, they become the point of exploitation for terrorist groups. With the new tool, Google strives to aid small websites in the next step of the process. Also, it is designed to help human moderators make decision about content marked as illegal or harmful. The tool takes data from a database of suspected terrorist content, which is collected by the non-profit Global Internet Forum to Counter Terrorism. On the back of the new moderation tool, small as well as medium-sized firms will be able to take action on URLs and hashes that exist in counter-terrorism databases. All these measures will prevent these websites from getting penalized under the strict laws introduced by the UK and EU to police online content. Hence, Google is likely to witness strong adoption of its underlined tool. Internet Companies Taking Initiatives As the EU becomes stricter regarding harmful content on social media platforms, internet companies like Alphabet and Meta Platforms META are also making strong efforts to come up with new software and advance their algorithms in order to improve content. The latest move by Alphabet is the testament to the same. Meta Platforms also introduced an open-source anti-terrorism detection software last month. Notably, the software helps the other platforms match illegal or harmful content to existing images or videos in the database, with the help of which they will be able to mark that content for urgent human review. Zacks Rank & Stocks to Consider Currently, Alphabet carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET and Agilent Technologies A. While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 16.7% in the past year. The long-term earnings growth rate for ANET is currently projected at 17.5%. Agilent has lost 7.9% in the past year. A’s long-term earnings growth rate is currently projected at 10%. 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The agenda behind both Digital Services Act and Online Safety Bill is to force internet companies to remove illegal or extremist content from their platforms. The tool takes data from a database of suspected terrorist content, which is collected by the non-profit Global Internet Forum to Counter Terrorism. On the back of the new moderation tool, small as well as medium-sized firms will be able to take action on URLs and hashes that exist in counter-terrorism databases.

Internet Companies Taking Initiatives As the EU becomes stricter regarding harmful content on social media platforms, internet companies like Alphabet and Meta Platforms META are also making strong efforts to come up with new software and advance their algorithms in order to improve content. While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) at present. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here.

Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote More Into the Headlines Google is focusing more on the smaller websites as they are less equipped to tackle illegal content and thus, they become the targets of terrorists. Internet Companies Taking Initiatives As the EU becomes stricter regarding harmful content on social media platforms, internet companies like Alphabet and Meta Platforms META are also making strong efforts to come up with new software and advance their algorithms in order to improve content. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here.

Alphabet’s GOOGL Google continues to make strong endeavors toward the refinement of its content and to comply with the new anti-extremism measures. Internet Companies Taking Initiatives As the EU becomes stricter regarding harmful content on social media platforms, internet companies like Alphabet and Meta Platforms META are also making strong efforts to come up with new software and advance their algorithms in order to improve content. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research?

301.0

2023-01-04 00:00:00 UTC

Is Agilent Technologies (A) Stock Outpacing Its Computer and Technology Peers This Year?

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https://www.nasdaq.com/articles/is-agilent-technologies-a-stock-outpacing-its-computer-and-technology-peers-this-year

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Agilent Technologies (A) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Agilent Technologies is a member of the Computer and Technology sector. This group includes 655 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Agilent Technologies is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for A's full-year earnings has moved 3% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. According to our latest data, A has moved about 0.3% on a year-to-date basis. Meanwhile, stocks in the Computer and Technology group have lost about 35.7% on average. This means that Agilent Technologies is performing better than its sector in terms of year-to-date returns. Another stock in the Computer and Technology sector, Alps Electric (APELY), has outperformed the sector so far this year. The stock's year-to-date return is 3.5%. The consensus estimate for Alps Electric's current year EPS has increased 9.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Agilent Technologies belongs to the Electronics - Testing Equipment industry, which includes 7 individual stocks and currently sits at #225 in the Zacks Industry Rank. Stocks in this group have lost about 17.3% so far this year, so An is performing better this group in terms of year-to-date returns. In contrast, Alps Electric falls under the Computer - Peripheral Equipment industry. Currently, this industry has 8 stocks and is ranked #33. Since the beginning of the year, the industry has moved -34.1%. Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Agilent Technologies and Alps Electric as they could maintain their solid performance. 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Alps Electric (APELY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Agilent Technologies (A) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. Another stock in the Computer and Technology sector, Alps Electric (APELY), has outperformed the sector so far this year. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Alps Electric (APELY) : Free Stock Analysis Report To read this article on Zacks.com click here.

Another stock in the Computer and Technology sector, Alps Electric (APELY), has outperformed the sector so far this year. Looking more specifically, Agilent Technologies belongs to the Electronics - Testing Equipment industry, which includes 7 individual stocks and currently sits at #225 in the Zacks Industry Rank. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Alps Electric (APELY) : Free Stock Analysis Report To read this article on Zacks.com click here.

The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. Another stock in the Computer and Technology sector, Alps Electric (APELY), has outperformed the sector so far this year.

302.0

2023-01-03 00:00:00 UTC

Alphabet (GOOGL) Ups YouTube Efforts, Boosts Google Services

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https://www.nasdaq.com/articles/alphabet-googl-ups-youtube-efforts-boosts-google-services

Alphabet’s GOOGL Google does not seem to be content on its laurels when it comes to YouTube advancements. It has been constantly putting efforts toward redesigning YouTube’s interface as its urge to deliver an enhanced user experience continues to grow. This is evident from the company’s recent move to test a different colored video progress bar on YouTube, which usually appears red. This is specific to the dark theme, in which the progress bar will appear in a white or gray color instead of red. The redesign is being currently tested for YouTube with Android as the OS. The recent move comes after the rollout of a big redesign of YouTube across its mobile and web applications. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing YouTube Initiatives The company’s growing YouTube efforts bode well for its strengthening initiatives to bolster Google Services. Apart from the recent move, Google is gearing up to equip YouTube with a search engine capability, with the help of which, YouTube users will be able to find specific content in YouTube videos. Currently, the company is testing the new feature in the United States and India. Further, it recently introduced handles for YouTube channels to support creators in establishing their distinct presence and brand on YouTube. Additionally, the company announced two updates to its YouTube Partner Program to let users easily join YouTube and make money from the platform, mainly from YouTube Shorts. Google also introduced a Creator Music catalog for adding tracks to videos. With consistent YouTube efforts, Google’s parent company, Alphabet, remains well poised to rapidly penetrate the booming global video-streaming market. Per a Research and Markets report, the video streaming market size is expected to reach $330.5 billion by 2030, with a CAGR of 21.3% between 2022 and 2030. According to Statista data, revenues in the underlined market are expected to hit $95.86 billion in 2023 and reach $139.2 billion by 2027, registering a CAGR of 9.8% between 2023 and 2027. We note that Alphabet’s deepening focus on this promising market is likely to aid it in winning investors’ confidence in the near term. Coming to the price performance, GOOGL has lost 39.1% in the past year against the Computer and Technology sector’s decline of 38.1%. To Conclude Alphabet’s growing endeavors to deliver an enhanced user experience are likely to bolster the adoption rate of the YouTube app, which in turn will contribute well to the Google Services revenues, which account for the majority of the total revenue. In the third quarter of 2022, revenues from the Google services segment increased 2.5% year over year to $61.4 billion, accounting for 88.8% of the total revenues. Zacks Rank & Stocks to Consider Currently, Alphabet carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and ASML Holding ASML. While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent and ASML Holding carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 16.7% in the past year. The long-term earnings growth rate for ANET is currently projected at 17.5%. Agilent has lost 7.9% in the past year. A’s long-term earnings growth rate is currently projected at 10%. ASML Holding has lost 31.5% in the past year. The long-term earnings growth rate for ASML is currently projected at 23.74%. Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3. Be First to New Top 10 Stocks >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report ASML Holding N.V. (ASML) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

It has been constantly putting efforts toward redesigning YouTube’s interface as its urge to deliver an enhanced user experience continues to grow. This is evident from the company’s recent move to test a different colored video progress bar on YouTube, which usually appears red. With consistent YouTube efforts, Google’s parent company, Alphabet, remains well poised to rapidly penetrate the booming global video-streaming market.

Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and ASML Holding ASML. While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent and ASML Holding carry a Zacks Rank #2 (Buy) at present. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report ASML Holding N.V. (ASML) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing YouTube Initiatives The company’s growing YouTube efforts bode well for its strengthening initiatives to bolster Google Services. Apart from the recent move, Google is gearing up to equip YouTube with a search engine capability, with the help of which, YouTube users will be able to find specific content in YouTube videos. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report ASML Holding N.V. (ASML) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

This is evident from the company’s recent move to test a different colored video progress bar on YouTube, which usually appears red. Apart from the recent move, Google is gearing up to equip YouTube with a search engine capability, with the help of which, YouTube users will be able to find specific content in YouTube videos. Be First to New Top 10 Stocks >> Want the latest recommendations from Zacks Investment Research?

303.0

2023-01-03 00:00:00 UTC

Alphabet (GOOGL) Enhances Google Home App With Touch Controls

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https://www.nasdaq.com/articles/alphabet-googl-enhances-google-home-app-with-touch-controls

Alphabet’s GOOGL division Google is consistently introducing new capabilities to the Google Home application. According to the 9TO5Google, Google added touch control features to the Google Home app for compatible devices. The touch controls include volume up/down, un/mute, power on/off, play, pause, channel and a Source list. With the touch controls on Google Home app, Google aims to provide an enhanced experience to users. This is expected to boost the adoption rate of the app in the days ahead. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Google Home Initiatives Apart from the recent initiative, Google improved automation of Google Home and provided better support to sensors for effective monitoring of weather conditions. Google also redesigned the Google Home app. The new app offers customized control features which let users to design the app in their own way. Google introduced a household routine feature in the Google Home app. The household routine feature lets user and other members of his household to set certain actions in their devices, view and edit those when required. Google released a new capability on the Google app for the desktop version. The feature lets users view all the connected camera feeds at once or one at a time. Users can also turn cameras on/off and see whether they’re offline or inactive. Wrapping Up The growing efforts are expected to continue helping Google gain momentum among users across the world. This, in turn, will contribute well to Google’s parent, Alphabet’s Google services’ revenues in the upcoming period. Revenues from the Google services business increased 2.5% year over year to $61.4 billion, accounting for 88.8% of the total third-quarter revenues. Consequently, this will help Alphabet win the confidence of the investors in the days ahead. Shares of Alphabet have been down 38.9% in the past year compared with the Computer and Technology sector’s decline of 35.6%. Zacks Rank & Stocks to Consider Currently, Alphabet carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 12.5% in the past year. The long-term earnings growth rate for ANET is currently projected at 17.5%. Agilent has lost 1% in the past year. A’s long-term earnings growth rate is currently projected at 10%. Asure Software has gained 20.5% in the past year. The long-term earnings growth rate for ASUR is currently projected at 23%. Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3. Be First to New Top 10 Stocks >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Wrapping Up The growing efforts are expected to continue helping Google gain momentum among users across the world. From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold.

Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) at present. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Alphabet’s GOOGL division Google is consistently introducing new capabilities to the Google Home application. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Google Home Initiatives Apart from the recent initiative, Google improved automation of Google Home and provided better support to sensors for effective monitoring of weather conditions. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

This is expected to boost the adoption rate of the app in the days ahead. Asure Software has gained 20.5% in the past year. Be First to New Top 10 Stocks >> Want the latest recommendations from Zacks Investment Research?

304.0

2022-12-30 00:00:00 UTC

Investors Heavily Search Agilent Technologies, Inc. (A): Here is What You Need to Know

A

https://www.nasdaq.com/articles/investors-heavily-search-agilent-technologies-inc.-a%3A-here-is-what-you-need-to-know

Agilent Technologies (A) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this scientific instrument maker have returned -3.2% over the past month versus the Zacks S&P 500 composite's -2.6% change. The Zacks Electronics - Testing Equipment industry, to which Agilent belongs, has lost 0.4% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Agilent is expected to post earnings of $1.31 per share, indicating a change of +8.3% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.2% over the last 30 days. The consensus earnings estimate of $5.64 for the current fiscal year indicates a year-over-year change of +8.1%. This estimate has changed -0.1% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $6.18 indicates a change of +9.6% from what Agilent is expected to report a year ago. Over the past month, the estimate has remained unchanged. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. 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 #2 (Buy) for Agilent. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth Forecast Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial. In the case of Agilent, the consensus sales estimate of $1.69 billion for the current quarter points to a year-over-year change of +1.1%. The $6.95 billion and $7.45 billion estimates for the current and next fiscal years indicate changes of +1.6% and +7.1%, respectively. Last Reported Results and Surprise History Agilent reported revenues of $1.85 billion in the last reported quarter, representing a year-over-year change of +11.4%. EPS of $1.53 for the same period compares with $1.21 a year ago. Compared to the Zacks Consensus Estimate of $1.77 billion, the reported revenues represent a surprise of +4.66%. The EPS surprise was +10.07%. The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period. Valuation Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Agilent is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. Conclusion The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Agilent. However, its Zacks Rank #2 does suggest that it may outperform the broader market 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Conclusion The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Agilent.

Last Reported Results and Surprise History Agilent reported revenues of $1.85 billion in the last reported quarter, representing a year-over-year change of +11.4%. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth Forecast Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

And if earnings estimates go up for a company, the fair value for its stock goes up. 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 #2 (Buy) for Agilent. The company topped consensus revenue estimates three times over this period.

305.0

2022-12-29 00:00:00 UTC

Alphabet (GOOGL) to Strengthen Chrome With Security Option

A

https://www.nasdaq.com/articles/alphabet-googl-to-strengthen-chrome-with-security-option

Alphabet’s GOOGL division Google is consistently adding new features to its web browser named Google Chrome. This is evident from the fact that the company is working on a security option on Google Chrome to provide an enhanced security experience to Chrome users. The option will protect Chrome users by blocking all potentially insecure HTTP downloads if the downloading content originates from an unsafe HTTP site or a HTTPS download link is redirected to an insecure HTTP server. Currently, the security feature is in development mode. It is likely to get launched in later 2023. With the security option on Chrome, Google aims to retain the trust of Chrome users. This is expected to boost the adoption rate of Chrome in the days ahead. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Google Chrome Initiatives Apart from the recent initiative, Google introduced memory saver and energy saver modes on Chrome to improve the browser’s performance. Google also introduced a shortcut feature on Chrome for desktop version. The feature lets user instantly search history and bookmarks from the address bar. Google added a capability to Chrome for iOS users. The capability allows iOS users to quickly open external links from other apps using Incognito. Google also redesigned Chrome for iPhone and iPad users. The updated Chrome version provides an enhanced security and performance. Bottom Line The growing efforts are expected to continue helping Google gain momentum among users across the world. This, in turn, will contribute well to Google’s parent, Alphabet’s Google services’ revenues in the upcoming period. Revenues from the Google services business increased 2.5% year over year to $61.4 billion, accounting for 88.8% of the total third-quarter revenues. Though increasing Google Chrome efforts remain positive, sluggishness in the advertisement business, growing litigation issues and mounting expenses remain major concerns for Alphabet. Shares of Alphabet have been down 41.1% in the past year compared with the Computer and Technology sector’s decline of 38.1%. Zacks Rank & Stocks to Consider Currently, Alphabet carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 16.7% in the past year. The long-term earnings growth rate for ANET is currently projected at 17.5%. Agilent has lost 7.9% in the past year. A’s long-term earnings growth rate is currently projected at 10%. Asure Software has gained 10.3% in the past year. The long-term earnings growth rate for ASUR is currently projected at 23%. 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The capability allows iOS users to quickly open external links from other apps using Incognito. Bottom Line The growing efforts are expected to continue helping Google gain momentum among users across the world. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Google Chrome Initiatives Apart from the recent initiative, Google introduced memory saver and energy saver modes on Chrome to improve the browser’s performance. Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Alphabet’s GOOGL division Google is consistently adding new features to its web browser named Google Chrome. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Google Chrome Initiatives Apart from the recent initiative, Google introduced memory saver and energy saver modes on Chrome to improve the browser’s performance. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Currently, the security feature is in development mode. Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR. Asure Software has gained 10.3% in the past year.

306.0

2022-12-28 00:00:00 UTC

Airbnb (ABNB) to Win Customer Trust With Recent Initiative

A

https://www.nasdaq.com/articles/airbnb-abnb-to-win-customer-trust-with-recent-initiative

Airbnb ABNB has made an announcement to stop permitting listings of properties once used to house enslaved people on its platform. The announcement is a result of backlashes the company received after it was known that the ABNB platform had former slave cabins listed. With the recent announcement, Airbnb aims to eliminate discrimination and make the listings on its platform safe and equally accessible for all people of color. The latest initiative is expected to help Airbnb win the trust of customers. This will drive the company’s bookings in the days ahead. Airbnb, Inc. Price and Consensus Airbnb, Inc. price-consensus-chart | Airbnb, Inc. Quote Growing Initiatives Airbnb has been consistently working toward providing better services to all registered hosts and guests. Apart from the recent announcement, Airbnb introduced Airbnb-friendly apartments to help renters find a place to live and host on Airbnb part-time. On the back of this initiative, Airbnb aims to help renters cover the rising cost of living. ABNB also introduced anti-party tools in the United States and Canada to help identify potentially high-risk reservations and prevent those users from taking advantage of the Airbnb platform. Airbnb announced a collaboration with the property tech company, Minut. Per the terms, the companies will offer hosts in more than 60 countries and regions a free noise sensor and three months of subscription free to Minut’s noise and occupancy monitoring service. Airbnb will further provide a messaging tool, which will be integrated with Minut noise alerts. On the back of these, Airbnb aims to help hosts prevent and address potential issues, while protecting guest privacy. To Conclude Airbnb’s growing efforts are continuously helping it sustain momentum among hosts and guests, which is propelling its top line. Notably, ABNB generated revenues of $2.9 billion in third-quarter 2022, which increased 28.9% year over year. The company continues to gain from increasing Nights and Experiences Booked, and Gross Booking Value. Along with these, Airbnb is witnessing strong growth in the high-density urban areas. Continuous recovery in longer-distance and cross-border travel remains a tailwind. Considering the above-mentioned factors, Airbnb expects revenues between $1.80 billion and $1.88 billion for fourth-quarter 2022, implying growth between 17% and 23% from the year-ago quarter’s reported number. Zacks Rank & Stocks to Consider Currently, Airbnb carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 17.9% in the year-to-date period. The long-term earnings growth rate for ANET is projected at 17.5%. Agilent has lost 6% in the year-to-date period. A’s long-term earnings growth rate is projected at 10%. Asure Software has gained 26% in the year-to-date period. The long-term earnings growth rate for ASUR is projected at 23%. Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3. Be First to New Top 10 Stocks >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

With the recent announcement, Airbnb aims to eliminate discrimination and make the listings on its platform safe and equally accessible for all people of color. ABNB also introduced anti-party tools in the United States and Canada to help identify potentially high-risk reservations and prevent those users from taking advantage of the Airbnb platform. To Conclude Airbnb’s growing efforts are continuously helping it sustain momentum among hosts and guests, which is propelling its top line.

Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) at present. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here.

Airbnb, Inc. Price and Consensus Airbnb, Inc. price-consensus-chart | Airbnb, Inc. Quote Growing Initiatives Airbnb has been consistently working toward providing better services to all registered hosts and guests. Zacks Rank & Stocks to Consider Currently, Airbnb carries a Zacks Rank #3 (Hold). Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here.

Airbnb, Inc. Price and Consensus Airbnb, Inc. price-consensus-chart | Airbnb, Inc. Quote Growing Initiatives Airbnb has been consistently working toward providing better services to all registered hosts and guests. Asure Software has gained 26% in the year-to-date period. Be First to New Top 10 Stocks >> Want the latest recommendations from Zacks Investment Research?

307.0

2022-12-28 00:00:00 UTC

Ex-Dividend Reminder: Franchise Group, Agilent Technologies and Encompass Health

A

https://www.nasdaq.com/articles/ex-dividend-reminder%3A-franchise-group-agilent-technologies-and-encompass-health

Looking at the universe of stocks we cover at Dividend Channel, on 12/30/22, Franchise Group Inc (Symbol: FRG), Agilent Technologies, Inc. (Symbol: A), and Encompass Health Corp (Symbol: EHC) will all trade ex-dividend for their respective upcoming dividends. Franchise Group Inc will pay its quarterly dividend of $0.625 on 1/17/23, Agilent Technologies, Inc. will pay its quarterly dividend of $0.225 on 1/25/23, and Encompass Health Corp will pay its quarterly dividend of $0.15 on 1/17/23. As a percentage of FRG's recent stock price of $24.01, this dividend works out to approximately 2.60%, so look for shares of Franchise Group Inc to trade 2.60% lower — all else being equal — when FRG shares open for trading on 12/30/22. Similarly, investors should look for A to open 0.15% lower in price and for EHC to open 0.25% lower, all else being equal. Below are dividend history charts for FRG, A, and EHC, showing historical dividends prior to the most recent ones declared. Franchise Group Inc (Symbol: FRG): Agilent Technologies, Inc. (Symbol: A): Encompass Health Corp (Symbol: EHC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 10.41% for Franchise Group Inc, 0.60% for Agilent Technologies, Inc., and 1.01% for Encompass Health Corp. In Wednesday trading, Franchise Group Inc shares are currently down about 1%, Agilent Technologies, Inc. shares are up about 0.3%, and Encompass Health Corp shares are up about 0.6% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: • Funds Holding OBOR • Top Ten Hedge Funds Holding UZE • Simply Good Foods Past Earnings The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. If they do continue, the current estimated yields on annualized basis would be 10.41% for Franchise Group Inc, 0.60% for Agilent Technologies, Inc., and 1.01% for Encompass Health Corp. dividend stocks should be on your radar screen » Also see: • Funds Holding OBOR • Top Ten Hedge Funds Holding UZE • Simply Good Foods Past Earnings The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Looking at the universe of stocks we cover at Dividend Channel, on 12/30/22, Franchise Group Inc (Symbol: FRG), Agilent Technologies, Inc. (Symbol: A), and Encompass Health Corp (Symbol: EHC) will all trade ex-dividend for their respective upcoming dividends. Franchise Group Inc will pay its quarterly dividend of $0.625 on 1/17/23, Agilent Technologies, Inc. will pay its quarterly dividend of $0.225 on 1/25/23, and Encompass Health Corp will pay its quarterly dividend of $0.15 on 1/17/23. Franchise Group Inc (Symbol: FRG): Agilent Technologies, Inc. (Symbol: A): Encompass Health Corp (Symbol: EHC): In general, dividends are not always predictable, following the ups and downs of company profits over time.

Looking at the universe of stocks we cover at Dividend Channel, on 12/30/22, Franchise Group Inc (Symbol: FRG), Agilent Technologies, Inc. (Symbol: A), and Encompass Health Corp (Symbol: EHC) will all trade ex-dividend for their respective upcoming dividends. Franchise Group Inc will pay its quarterly dividend of $0.625 on 1/17/23, Agilent Technologies, Inc. will pay its quarterly dividend of $0.225 on 1/25/23, and Encompass Health Corp will pay its quarterly dividend of $0.15 on 1/17/23. Franchise Group Inc (Symbol: FRG): Agilent Technologies, Inc. (Symbol: A): Encompass Health Corp (Symbol: EHC): In general, dividends are not always predictable, following the ups and downs of company profits over time.

Looking at the universe of stocks we cover at Dividend Channel, on 12/30/22, Franchise Group Inc (Symbol: FRG), Agilent Technologies, Inc. (Symbol: A), and Encompass Health Corp (Symbol: EHC) will all trade ex-dividend for their respective upcoming dividends. As a percentage of FRG's recent stock price of $24.01, this dividend works out to approximately 2.60%, so look for shares of Franchise Group Inc to trade 2.60% lower — all else being equal — when FRG shares open for trading on 12/30/22. If they do continue, the current estimated yields on annualized basis would be 10.41% for Franchise Group Inc, 0.60% for Agilent Technologies, Inc., and 1.01% for Encompass Health Corp.

308.0

2022-12-27 00:00:00 UTC

Agilent (A) Upgraded to Buy: Here's What You Should Know

A

https://www.nasdaq.com/articles/agilent-a-upgraded-to-buy%3A-heres-what-you-should-know

Agilent Technologies (A) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. As such, the Zacks rating upgrade for Agilent 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. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Agilent imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. Harnessing the Power of Earnings Estimate Revisions As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. 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 >>>>. Earnings Estimate Revisions for Agilent This scientific instrument maker is expected to earn $5.64 per share for the fiscal year ending October 2023, which represents a year-over-year change of 8.1%. Analysts have been steadily raising their estimates for Agilent. Over the past three months, the Zacks Consensus Estimate for the company has increased 3%. 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 >>> The upgrade of Agilent 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. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Agilent imply an improvement in the company's underlying business. 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.

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. Harnessing the Power of Earnings Estimate Revisions As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. You can learn more about the Zacks Rank here >>> The upgrade of Agilent 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.

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. 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 learn more about the Zacks Rank here >>> The upgrade of Agilent 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.

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. Harnessing the Power of Earnings Estimate Revisions As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. You can learn more about the Zacks Rank here >>> The upgrade of Agilent 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.

309.0

2022-12-23 00:00:00 UTC

Carrier (CARR) Boosts Fire & Security Unit With TruVision TVN12

A

https://www.nasdaq.com/articles/carrier-carr-boosts-fire-security-unit-with-truvision-tvn12

Carrier Global CARR continues to make strong efforts toward expanding its fire and security offerings. This is evident from the company’s latest introduction of a video surveillance recorder, namely the TruVision TVN12, by one of its fire and security brands – Aritech. Notably, the new recorder comes with high channel capacities (up to 16), hard drives and different recording options. TruVision TVN12 has been integrated into Aritech’s UltraSync cloud network, with the help of which installers will be able to leverage optimization at different levels, such as having access to reliable connections and remote access to system status. Moreover, the recorder can be managed via TruVision’s TVMobile application with its UltraSync integration. All these features make the underlined recorder suitable for video surveillance installations in small- to medium-sized businesses. Strength in Fire & Security Segment The introduction of TruVision TVN12 has added strength to Carrier’s fire and security segment. Moreover, it positions Carrier well to gain traction among businesses like banks, retail shops, jewelers, cosmetics stores and bakeries, to name a few. This is likely to contribute well to the revenues of the fire & security segment, which in turn will drive its overall top line growth. This in turn will aid the company in gaining investors’ confidence in the near term. On a year-to-date basis, Carrier has lost 22.4% against the industry’s decline of 37.9%. Apart from the latest move, the introduction of the new core of land fire protection systems, namely the Marioff HI-FOG Land Pump Unit for land applications, by its brand Marioff, remains a major positive. Further, Marioff’s recent contract with Shanghai Waigaoqiao Shipbuilding to provide Marioff HI-FOG water mist fire protection system in the latter’s second Vista class cruise ship for CSSC Carnival Cruise Shipping Limited, remains noteworthy. In addition to Aritech and Marioff, the underlined segment is also benefiting from its other brands, such as Det-Tronics, Kidde, Edwards, Onity, Fireye, Supra and others. Carrier’s BrokerBay buyout, which became part of its Supra offerings, is another positive. We believe all these endeavors are likely to aid the performance of the fire and security segment, which has become an integral part of the company. Notably, the segment generated of $905 million in revenues, which accounted for 17% of net sales. Zacks Rank & Stocks to Consider Currently, Carrier carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Asure Software ASUR and Agilent Technologies A. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent Technologies carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 16.3% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 17.5%. Asure Software has gained 26.6% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 23%. Agilent Technologies has lost 6.7% in the year-to-date period. A’s long-term earnings growth rate is currently projected at 10%. 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Carrier Global Corporation (CARR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This is evident from the company’s latest introduction of a video surveillance recorder, namely the TruVision TVN12, by one of its fire and security brands – Aritech. Moreover, it positions Carrier well to gain traction among businesses like banks, retail shops, jewelers, cosmetics stores and bakeries, to name a few. In addition to Aritech and Marioff, the underlined segment is also benefiting from its other brands, such as Det-Tronics, Kidde, Edwards, Onity, Fireye, Supra and others.

Apart from the latest move, the introduction of the new core of land fire protection systems, namely the Marioff HI-FOG Land Pump Unit for land applications, by its brand Marioff, remains a major positive. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent Technologies carries a Zacks Rank #2 (Buy) at present. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Carrier Global Corporation (CARR) : Free Stock Analysis Report To read this article on Zacks.com click here.

Strength in Fire & Security Segment The introduction of TruVision TVN12 has added strength to Carrier’s fire and security segment. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Asure Software ASUR and Agilent Technologies A. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Carrier Global Corporation (CARR) : Free Stock Analysis Report To read this article on Zacks.com click here.

This is evident from the company’s latest introduction of a video surveillance recorder, namely the TruVision TVN12, by one of its fire and security brands – Aritech. This is likely to contribute well to the revenues of the fire & security segment, which in turn will drive its overall top line growth. Asure Software has gained 26.6% in the year-to-date period.

310.0

2022-12-23 00:00:00 UTC

Alphabet (GOOGL) Updates Search With Redesigned Weather Card

A

https://www.nasdaq.com/articles/alphabet-googl-updates-search-with-redesigned-weather-card

Alphabet’s GOOGL division Google is consistently introducing new capabilities to its search engine, Google Search. This is evident from the fact that the company recently rolled out a redesigned weather card in Google Search. The redesigned weather card provides more details about the 24-hour weather forecast. It also shows the current weather condition like temperature, precipitation, humidity and wind. Moreover, the weather card has an overflow menu which lets users switch the weather details between Fahrenheit and Celsius. Currently, the Search feature is available for users using a browser on the mobile web. With the recent capability, Google aims to provide an enhanced Search experience to its users. This is expected to boost the adoption rate of Google Search engine in the days ahead. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Efforts to Boost Prospects Apart from the latest move, Google is gearing up to bring new capabilities to Google Search India, including in-video search support and multi-search feature in multiple languages. The initiative is a step forward in boosting its presence in the country. Google introduced a Search Status Dashboard to identify incidents and provide updates to users when its flagship product is down. These initiatives are expected to continue triggering traffic in the search engine. This is contributing well to Google’s parent, Alphabet’s Google services’ revenues in the upcoming period. Revenues from the Google services business increased 2.5% year over year to $61.4 billion, accounting for 88.8% of the total third-quarter revenues. Dominancy in Search Market Alphabet, with its growing efforts, remains well-positioned to capitalize on the growth prospects present in the booming search engine market. Per a Business Research Insights report, the global search engine market is likely to hit $348.8 billion by 2028, witnessing a CAGR of 11% during the 2022-2028 forecast period. A report from Oberlo states that Google continues to enjoy its dominant position in the global search engine market in 2022 so far. As of November 2022, Google had 92.2% of market share, followed by 3.42% for Bing, 1.23% for Yahoo, 0.97% for Yandex, 0.78% for Baidu and 0.6% for DuckDuckGo. Moreover, Google is the leading search engine platform in Canada, Latin America and many Asia/Pacific countries. It is also the dominant search engine in Europe with leading market shares in UK, France, Germany and Spain. Though the dominancy of Google Search engine remains a positive, sluggishness in the advertisement business, growing litigation issues and mounting expenses remain major concerns for Alphabet. Shares of Alphabet have been down 39.4% in the year-to-date period compared with the Computer and Technology sector’s decline of 34.7%. Zacks Rank & Stocks to Consider Currently, Alphabet carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 16.3% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 17.5%. Agilent has lost 6.7% in the year-to-date period. A’s long-term earnings growth rate is currently projected at 10%. Asure Software has gained 26.6% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 23%. 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Per a Business Research Insights report, the global search engine market is likely to hit $348.8 billion by 2028, witnessing a CAGR of 11% during the 2022-2028 forecast period. A report from Oberlo states that Google continues to enjoy its dominant position in the global search engine market in 2022 so far. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) at present. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Alphabet’s GOOGL division Google is consistently introducing new capabilities to its search engine, Google Search. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Efforts to Boost Prospects Apart from the latest move, Google is gearing up to bring new capabilities to Google Search India, including in-video search support and multi-search feature in multiple languages. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Alphabet’s GOOGL division Google is consistently introducing new capabilities to its search engine, Google Search. This is expected to boost the adoption rate of Google Search engine in the days ahead. Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR.

311.0

2022-12-21 00:00:00 UTC

Agilent (A) Down 5.7% Since Last Earnings Report: Can It Rebound?

A

https://www.nasdaq.com/articles/agilent-a-down-5.7-since-last-earnings-report%3A-can-it-rebound

A month has gone by since the last earnings report for Agilent Technologies (A). Shares have lost about 5.7% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Agilent due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Agilent Q4 Earnings Beat Estimates Agilent Technologies reported fourth-quarter fiscal 2022 earnings of $1.53 per share, beating the Zacks Consensus Estimate by 10.1%. The bottom line increased 26.4% year over year and 14.2% sequentially. Revenues of $1.85 billion surpassed the Zacks Consensus Estimate by 4.5%. The top line was up 11% on a reported basis and 17% on a core basis from the respective year-ago quarter’s levels. Revenues increased 7.6% from the prior quarter’s figures. Top-line growth was driven by continued strong growth in the pharma and applied markets. Also, robust demand across all end markets in China remained a positive. Segmental Top-Line Details Agilent has three reporting segments, namely Life Sciences & Applied Markets Group (LSAG), Agilent Cross Lab Group (ACG), and Diagnostics and Genomics Group (DGG). LSAG: The segment accounted for $1.12 billion or 60% of its total revenues, up 16% on a reported basis and 22% on a core basis from the respective prior-year quarter’s levels. This was driven by a positive environment across the Pharma, Chemical & Advanced Materials, Food, and Environmental & Forensics markets. Growth in LC, LC-MS, GC and GC-MS instruments also aided results. ACG: Revenues from the segment were $381 million, accounting for 21% of total revenues. Also, the top line improved 7% year over year on a reported basis and 14% on a core basis, driven by increase in service agreement attach rate. DGG: Revenues increased 3% year over year on a reported basis and 8% on a core basis to $352 million, accounting for the remaining 19% of total revenues. The segmental growth was attributed to strength in NASD and Genomics portfolio. Operating Results For the fiscal fourth quarter, gross margin in the LSAG segment expanded 70 basis points (bps) on a year-over-year basis to 60.6%. ACG gross margin expanded 30 bps to 47%. DGG’s gross margin contracted 150 bps on a year-over-year basis to 51%. Research & development (R&D) costs were $119 million, up 2.6% year over year. Selling, general & administrative (S,G&A) expenses were $422 million, up 8.5% year over year. As a percentage of revenues, the R&D and S,G&A expenses contracted 55 bps and 61 bps each to 6.4% and 22.8%, respectively. Operating margin for the fiscal fourth quarter was 29.1%, up 260 bps on a year-over-year basis. Segment wise, the operating margin for LSAG was up 400 bps year over year to 32.7%. The ACG’s operating margin was 27.4%, up 110 bps from the year-ago quarter’s level. DGG segment’s operating margin contracted 130 bps on a year-over-year basis to 19.5%. Balance Sheet As of Oct 31, 2022, Agilent’s cash and cash equivalents were $1.05 billion, down from $1.07 billion on Jul 31, 2022. Accounts receivables were $1.41 billion at the end of fourth-quarter fiscal 2022, up from $1.35 billion at the end of third-quarter fiscal 2022. Long-term debt was $2.733 billion for the reported quarter, up from $2.732 billion in the prior quarter. Outlook For the fiscal first quarter, management expects revenues of $1.68-$1.70 billion, suggesting growth between 6.8% and 8% on a core basis from the year-ago fiscal quarter’s actuals. Non-GAAP earnings per share are expected to be $1.29-$1.31. For fiscal 2023, management anticipates revenues in the band of $6.90-$7 billion, implying growth of 0.8-2.2% on a reported basis and 5-6.5% on a core basis from the respective fiscal 2022 tallies. Management expects guidance for non-GAAP earnings per share of $5.61-$5.69. How Have Estimates Been Moving Since Then? It turns out, estimates review have trended downward during the past month. VGM Scores Currently, Agilent has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Agilent has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. 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 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. This was driven by a positive environment across the Pharma, Chemical & Advanced Materials, Food, and Environmental & Forensics markets. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Agilent Q4 Earnings Beat Estimates Agilent Technologies reported fourth-quarter fiscal 2022 earnings of $1.53 per share, beating the Zacks Consensus Estimate by 10.1%. Segmental Top-Line Details Agilent has three reporting segments, namely Life Sciences & Applied Markets Group (LSAG), Agilent Cross Lab Group (ACG), and Diagnostics and Genomics Group (DGG). Operating Results For the fiscal fourth quarter, gross margin in the LSAG segment expanded 70 basis points (bps) on a year-over-year basis to 60.6%.

Agilent Q4 Earnings Beat Estimates Agilent Technologies reported fourth-quarter fiscal 2022 earnings of $1.53 per share, beating the Zacks Consensus Estimate by 10.1%. LSAG: The segment accounted for $1.12 billion or 60% of its total revenues, up 16% on a reported basis and 22% on a core basis from the respective prior-year quarter’s levels. DGG: Revenues increased 3% year over year on a reported basis and 8% on a core basis to $352 million, accounting for the remaining 19% of total revenues.

A month has gone by since the last earnings report for Agilent Technologies (A). Revenues of $1.85 billion surpassed the Zacks Consensus Estimate by 4.5%. DGG: Revenues increased 3% year over year on a reported basis and 8% on a core basis to $352 million, accounting for the remaining 19% of total revenues.

312.0

2022-12-19 00:00:00 UTC

Alphabet's (GOOGL) Waymo Expands Operating Area in Phoenix, AZ

A

https://www.nasdaq.com/articles/alphabets-googl-waymo-expands-operating-area-in-phoenix-az

Alphabet’s GOOGL Waymo is leaving no stone unturned to expand its ride-hailing service – Waymo One, across the United States. This is evident from the company’s latest move to expand the operating area of Waymo One in Phoenix, AZ. The expansion includes rides to Phoenix Sky Harbor International Airport. Notably, the company started offering rides to the airport in its autonomous vehicles in November 2022. A specialist used to be inside the card during the ride. Now, Waymo’s all-electric Jaguar I-PACE vehicles equipped with its advanced Waymo Driver technology will run fully driverless to Sky Harbor. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Expanding Waymo Efforts The latest expansion is in sync with the company’s strengthening efforts toward expanding its operations and fleet and making the vehicles more rider-friendly. Apart from the latest move, Waymo recently expanded its operations to downtown Phoenix. It also rolled out rider-only service in downtown Phoenix. Additionally, the company plans to expand its operating area eventually in downtown Phoenix. Further, Waymo, which has been running its vehicles well on the streets of San Francisco, CA, on the back of its Early Rider program called Trusted Tester, has now applied for a final permit in California at the California Public Utilities Commission. Notably, Waymo’s expansion to San Francisco marks its first expansion outside Phoenix. Furthermore, Waymo recently started testing its self-driving vehicles on the streets of Bellevue, WA. This marked Alphabet’s second Waymo expansion outside Phoenix, AZ. Apart from these efforts, Alphabet’s partnership with Geely, a China-based automotive company, remains noteworthy. Per the terms of the deal, Geely’s electric mobility brand, Zeekr, will design and develop electric vehicles for Waymo, into which Waymo Driver will be integrated. The vehicles will be introduced on the roads of the United States first. With the Geely partnership, Waymo will expand its Waymo One fleet. The above-mentioned endeavors will help Alphabet further penetrate the booming autonomous driving space. According to a Fortune Business Insights report, the global autonomous car market is expected to reach $11.03 billion by 2028, with a CAGR of 31.3% between 2021 and 2028. Per a report by Mordor Intelligence, the worldwide driverless vehicle market is expected to see a CAGR of 18.06% between 2021 and 2026. We believe that Alphabet’s growing prospects in this promising market will help it win investors’ confidence in the days ahead. Coming to the price performance, Alphabet has lost 37.7% on a year-to-date basis against the industry’s decline of 39.7%. However, inflationary pressure and mounting expenses associated with Alphabet’s strategic investments and expansion activities might continue to impact its margin expansion. This remains a major concern. Zacks Rank & Stocks to Consider Currently, Alphabet carries a Zacks Rank #4 (Sell). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Asure Software ASUR and Agilent Technologies A. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent Technologies carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 8.9% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 17.5%. Asure Software has gained 3.7% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 23%. Agilent Technologies has lost 42.6% in the year-to-date period. ABNB’s long-term earnings growth rate is currently projected at 20.7%. Special Report: The Top 5 IPOs for Your Portfolio Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in. One is set to disrupt the online communication industry. Brilliantly designed for creating online communities, this stock is poised to explode when made public. With the strength of our economy and record amounts of cash flooding into IPOs, you don’t want to miss this opportunity. >>See Zacks’ Hottest IPOs Now 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

According to a Fortune Business Insights report, the global autonomous car market is expected to reach $11.03 billion by 2028, with a CAGR of 31.3% between 2021 and 2028. Special Report: The Top 5 IPOs for Your Portfolio Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in.

Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Asure Software ASUR and Agilent Technologies A. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent Technologies carries a Zacks Rank #2 (Buy) at present. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Expanding Waymo Efforts The latest expansion is in sync with the company’s strengthening efforts toward expanding its operations and fleet and making the vehicles more rider-friendly. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Asure Software ASUR and Agilent Technologies A. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Expanding Waymo Efforts The latest expansion is in sync with the company’s strengthening efforts toward expanding its operations and fleet and making the vehicles more rider-friendly. Apart from the latest move, Waymo recently expanded its operations to downtown Phoenix. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Asure Software ASUR and Agilent Technologies A.

313.0

2022-12-19 00:00:00 UTC

Alphabet (GOOGL) Enhances Google Voice With Recent Features

A

https://www.nasdaq.com/articles/alphabet-googl-enhances-google-voice-with-recent-features

Alphabet’s GOOGL division Google is consistently working toward enhancing its telephonic service, Google Voice. This is evident from its recent introduction of the intelligent network switching capability in Google Voice to improve call quality. The feature enables Google Voice to automatically switch the ongoing call between cellular data service and Wi-Fi when it finds that one network is better than the other. The feature is available to all Google Voice users. With the recent capability, Google aims to provide an enhanced calling experience to Google Voice users. This, in turn, is expected to boost the adoption rate of Google Voice. Alphabet Inc. Price Alphabet Inc. price | Alphabet Inc. Quote Growing Google Voice Initiatives Apart from the recent feature, GOOGL unveiled a new feature for Google Voice Standard and Premier customers, wherein Voice users can connect with a Session Initiation Protocol trunk from their telecommunications carrier via certified session board controllers from Oracle, Cisco, Ribbon, and Audiocodes. With this initiative, Google aims to add more customers to Google Voice. Google also introduced the call recording feature which enables admins to automatically or manually manage call recordings. This capability is currently available for enterprise subscribers. Additionally, Google added Smart Reply feature to Google Voice for Android users. The feature provides three text suggestions, tapping on them automatically sends messages to the concerned person. Efforts to Bolster Google Workspace With this recent initiative, Alphabet added strength to the Google Workspace, consisting of Gmail, Meet, Drive, Calendar, Contacts, Voice and more. Moreover, Google Workspace continues driving GOOGL’s momentum across organizations demanding productivity and collaboration tools. Apart from Voice efforts, the company updated Google Meet with picture-in-picture and multi-pinning features to help presenters and attendees stay glued to meetings. Google updated Google Docs by adding emoji reactions to documents for expressing opinions informally. It also added ‘writing suggestions’ capability, featuring a purple underline to help users with the tone, style and word choice. Google rolled out a redesigned Gmail on the web to provide users with an enhanced email experience. All these endeavors are expected to continuously bolster the adoption rate of Google Workspace, which will likely to drive Alphabet’s top line in the days ahead. However, macroeconomic headwinds, inflationary pressure, mounting expenses and growing litigation issues remain major headwinds for the company. Shares of Alphabet have lost 37.7% in the year-to-date period, lagging the Computer and Technology sector’s decline of 34.8%. Zacks Rank & Stocks to Consider Currently, Alphabet carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 13.9% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 17.5%. Agilent has lost 6.5% in the year-to-date period. A’s long-term earnings growth rate is currently projected at 10%. Asure Software has gained 12.5% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 23%. Special Report: The Top 5 IPOs for Your Portfolio Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in. One is set to disrupt the online communication industry. Brilliantly designed for creating online communities, this stock is poised to explode when made public. With the strength of our economy and record amounts of cash flooding into IPOs, you don’t want to miss this opportunity. >>See Zacks’ Hottest IPOs Now 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The feature enables Google Voice to automatically switch the ongoing call between cellular data service and Wi-Fi when it finds that one network is better than the other. All these endeavors are expected to continuously bolster the adoption rate of Google Workspace, which will likely to drive Alphabet’s top line in the days ahead. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in.

Alphabet Inc. Price Alphabet Inc. price | Alphabet Inc. Quote Growing Google Voice Initiatives Apart from the recent feature, GOOGL unveiled a new feature for Google Voice Standard and Premier customers, wherein Voice users can connect with a Session Initiation Protocol trunk from their telecommunications carrier via certified session board controllers from Oracle, Cisco, Ribbon, and Audiocodes. Efforts to Bolster Google Workspace With this recent initiative, Alphabet added strength to the Google Workspace, consisting of Gmail, Meet, Drive, Calendar, Contacts, Voice and more. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Alphabet’s GOOGL division Google is consistently working toward enhancing its telephonic service, Google Voice. Alphabet Inc. Price Alphabet Inc. price | Alphabet Inc. Quote Growing Google Voice Initiatives Apart from the recent feature, GOOGL unveiled a new feature for Google Voice Standard and Premier customers, wherein Voice users can connect with a Session Initiation Protocol trunk from their telecommunications carrier via certified session board controllers from Oracle, Cisco, Ribbon, and Audiocodes. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

The feature is available to all Google Voice users. With the recent capability, Google aims to provide an enhanced calling experience to Google Voice users. Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks ANET, Agilent technologies A and Asure Software ASUR.

314.0

2022-12-19 00:00:00 UTC

Here is What to Know Beyond Why Agilent Technologies, Inc. (A) is a Trending Stock

A

https://www.nasdaq.com/articles/here-is-what-to-know-beyond-why-agilent-technologies-inc.-a-is-a-trending-stock

Agilent Technologies (A) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this scientific instrument maker have returned +2.1%, compared to the Zacks S&P 500 composite's -2.7% change. During this period, the Zacks Electronics - Testing Equipment industry, which Agilent falls in, has lost 1.5%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Agilent is expected to post earnings of $1.31 per share for the current quarter, representing a year-over-year change of +8.3%. Over the last 30 days, the Zacks Consensus Estimate has changed -2.4%. For the current fiscal year, the consensus earnings estimate of $5.64 points to a change of +8.1% from the prior year. Over the last 30 days, this estimate has changed +2.9%. For the next fiscal year, the consensus earnings estimate of $6.18 indicates a change of +9.6% from what Agilent is expected to report a year ago. Over the past month, the estimate has changed +1.2%. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. 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 #2 (Buy) for Agilent. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth Forecast Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial. For Agilent, the consensus sales estimate for the current quarter of $1.69 billion indicates a year-over-year change of +1.1%. For the current and next fiscal years, $6.95 billion and $7.45 billion estimates indicate +1.6% and +7.1% changes, respectively. Last Reported Results and Surprise History Agilent reported revenues of $1.85 billion in the last reported quarter, representing a year-over-year change of +11.4%. EPS of $1.53 for the same period compares with $1.21 a year ago. Compared to the Zacks Consensus Estimate of $1.77 billion, the reported revenues represent a surprise of +4.66%. The EPS surprise was +10.07%. The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period. Valuation No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Agilent is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. Conclusion The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Agilent. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term. Special Report: The Top 5 IPOs for Your Portfolio Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in. One is set to disrupt the online communication industry. Brilliantly designed for creating online communities, this stock is poised to explode when made public. With the strength of our economy and record amounts of cash flooding into IPOs, you don’t want to miss this opportunity. >>See Zacks’ Hottest IPOs Now 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth Forecast Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. Last Reported Results and Surprise History Agilent reported revenues of $1.85 billion in the last reported quarter, representing a year-over-year change of +11.4%. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. 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 #2 (Buy) for Agilent. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

And if earnings estimates go up for a company, the fair value for its stock goes up. 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 #2 (Buy) for Agilent. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

315.0

2022-12-16 00:00:00 UTC

Adobe (ADBE) Q4 Earnings & Revenues Beat Estimates, Rise Y/Y

A

https://www.nasdaq.com/articles/adobe-adbe-q4-earnings-revenues-beat-estimates-rise-y-y-0

Adobe Inc. ADBE reported fourth-quarter fiscal 2022 non-GAAP earnings of $3.60 per share, beating the Zacks Consensus Estimate by 2.9%. The figure improved 12.5% on a year-over-year basis and 5.9% sequentially. Total revenues were $4.525 billion, which beat the Zacks Consensus Estimate of $4.522 billion. The figure was up 10% from the year-ago quarter and 2.1% from the previous quarter. Top line growth was driven by the strong performance of Adobe Creative Cloud, Document Cloud and Experience Cloud. Accelerating subscription and service revenues contributed well. Top Line in Detail Adobe reports revenues under three categories — subscription, product and services & support. Subscription revenues were $4.23 billion (accounting for 93.5% of total revenues), up 11% on a year-over-year basis. Product revenues totaled $115 million (2.5% of total revenues), down 10.2% year over year. Services & support revenues were $178 million (4% of total revenues), increasing 4.7% from the prior-year quarter. Segmental Details Digital Media: The segment generated revenues of $3.3 billion, which improved 10% on a year-over-year basis. The segment comprises Creative Cloud and Document Cloud. Notably, Digital Media’s annualized recurring revenues (ARR) increased to $13.97 billion, of which the net new ARR was $576 million. Creative Cloud generated $2.68 billion in revenues, up 8% year over year. Creative ARR was $11.6 billion. The rising demand for Photoshop, Lightroom, Illustrator, Premier Pro and Acrobat contributed well. Solid momentum across Adobe Express platform remained positives. Strength across Substance 3D and Frame.io was a tailwind. Document Cloud’s revenues were $619 million, up 16% from the prior-year quarter. Document ARR was $2.37 billion. Increasing traffic and searches for PDF capabilities were tailwinds. Solid momentum across the Acrobat ecosystem drove top line growth. Rising Sign transactions within Acrobat remained a positive. Further, strength in Scan capabilities also contributed well. Digital Experience: The segment generated revenues of $1.15 billion, up 14% on a year-over-year basis. The segment comprises Adobe Experience Cloud. Experience Cloud subscription revenues were $1.01 billion, which rose 14% from the year-ago quarter. Strong momentum across the Experience Cloud platform drove top-line growth for the segment. Growing demand for Adobe Experience Manager and strong adoption of Adobe professional services were tailwinds. Further, strength in applications like Real-Time CDP, Adobe Journey Optimizer and Consumer Journey Analytics was another positive. Operating Details The gross margin was 87.4%, which contracted 30 basis points (bps) on a year-over-year basis. Adobe incurred operating expenses of $2.45 billion, reflecting a 16.7% year-over-year increase. As a percentage of the total revenues, the figure expanded 310 bps to 54.2%. The adjusted operating margin was 44.1%, contracting 50 bps year over year. Balance Sheet & Cash Flow As of Dec 2, 2022, the cash and short-term investment balance was $6.1 billion, up from $5.8 billion as of Sep 2, 2022. Trade receivables were $2.1 billion, up from $1.7 billion recorded in the fiscal third quarter. Long-term debt was $3.629 billion at the end of the fiscal fourth quarter compared to $3.627 billion at the end of the fiscal third quarter. Cash generated from operations was $2.3 billion in the fiscal fourth quarter versus $1.7 billion in the fiscal third quarter. In the reported quarter, the company repurchased 5 million shares. Guidance For first-quarter fiscal 2023, Adobe projects total revenues between $4.60-$4.64 billion. The Zacks Consensus Estimate for revenues is pegged at $4.62 billion. Adobe expects Digital Media revenues between $3.350-$3.375 billion. The Digital Experience segment’s revenues are expected between $1.16-$1.18 billion. Net new ARR in the Digital Media segment is projected at $375 million. Digital Experience subscription revenues are anticipated to be within $1.025-$1.045 billion. Management expects non-GAAP earnings between $3.65-$3.70 per share. The Zacks Consensus Estimate for the same is pegged at $3.61. For fiscal 2023, Adobe projects total revenues between $19.1-$19.3 billion, reflecting a year-over-year growth of 9% at midpoint. The Zacks Consensus Estimate for revenues is pegged at $19.18 billion. Adobe expects Digital Media revenues between $13.9-$14 billion, reflecting a year-over-year growth of 9% at midpoint. The Digital Experience segment’s revenues are expected between $4.925-$5.025 billion, suggesting a year-over-year growth of 13% at midpoint. Net new ARR in the Digital Media segment is projected at $1.65 billion. Digital Experience subscription revenues are anticipated to be within $4.375-$4.425 billion. Management expects non-GAAP earnings between $15.15-$15.45 per share. The Zacks Consensus Estimate for the same is pegged at $15.18. Zacks Rank & Stocks to Consider Currently, Adobe carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Asure Software ASUR and Agilent Technologies A. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent Technologies carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 8.9% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 17.5%. Asure Software has gained 3.7% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 23%. Agilent Technologies has lost 42.6% in the year-to-date period. ABNB’s long-term earnings growth rate is currently projected at 20.7%. 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Adobe Inc. (ADBE) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Adobe Inc. ADBE reported fourth-quarter fiscal 2022 non-GAAP earnings of $3.60 per share, beating the Zacks Consensus Estimate by 2.9%. Top Line in Detail Adobe reports revenues under three categories — subscription, product and services & support. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Adobe Inc. ADBE reported fourth-quarter fiscal 2022 non-GAAP earnings of $3.60 per share, beating the Zacks Consensus Estimate by 2.9%. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Agilent Technologies carries a Zacks Rank #2 (Buy) at present. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Adobe Inc. (ADBE) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Total revenues were $4.525 billion, which beat the Zacks Consensus Estimate of $4.522 billion. Adobe expects Digital Media revenues between $13.9-$14 billion, reflecting a year-over-year growth of 9% at midpoint. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Adobe Inc. (ADBE) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here.

Subscription revenues were $4.23 billion (accounting for 93.5% of total revenues), up 11% on a year-over-year basis. Net new ARR in the Digital Media segment is projected at $375 million. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research?

316.0

2022-12-13 00:00:00 UTC

Health Care Sector Update for 12/13/2022: MRNA, MRK, BLCO, A, MRTX

A

https://www.nasdaq.com/articles/health-care-sector-update-for-12-13-2022%3A-mrna-mrk-blco-a-mrtx

Health care stocks were moderately higher Tuesday afternoon, with the NYSE Health Care Index rising 0.2% while the SPDR Health Care Select Sector ETF (XLV) was up 0.6%. The iShares Biotechnology ETF (IBB) also was climbing 1.9%. In company news, Moderna (MRNA) jumped almost 25% after the biotechnology company said a combination of its mRNa-4157/V940 personalized mRNa cancer vaccine candidate with Merck's (MRK) Keytruda anti-PD-1 therapy reduced the risk of recurrence or death in patients with stage 3 or 4 melanoma by 44% compared with Keytruda alone during phase 2b testing. Merck shares also were 2% higher. Bausch + Lomb (BLCO) increased 5.9% after the eye health company Tuesday said it has received 510(k) clearance from the US regulators for its Biotrue rehydrating drops for either soft or rigid gas permeable contact lenses. Agilent Technologies (A) added 1.4% after the US Food and Drug Administration late Monday approved the company's Resolution ctDx FIRST liquid biopsy test as a companion diagnostic to identify non-small cell lung cancer in patients with KRAS G12C gene mutation and who may benefit from Mirati Therapeutics' (MRTX) Krazati cancer medication. Mirati shares also were 0.7% higher. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In company news, Moderna (MRNA) jumped almost 25% after the biotechnology company said a combination of its mRNa-4157/V940 personalized mRNa cancer vaccine candidate with Merck's (MRK) Keytruda anti-PD-1 therapy reduced the risk of recurrence or death in patients with stage 3 or 4 melanoma by 44% compared with Keytruda alone during phase 2b testing. Bausch + Lomb (BLCO) increased 5.9% after the eye health company Tuesday said it has received 510(k) clearance from the US regulators for its Biotrue rehydrating drops for either soft or rigid gas permeable contact lenses. Agilent Technologies (A) added 1.4% after the US Food and Drug Administration late Monday approved the company's Resolution ctDx FIRST liquid biopsy test as a companion diagnostic to identify non-small cell lung cancer in patients with KRAS G12C gene mutation and who may benefit from Mirati Therapeutics' (MRTX) Krazati cancer medication.

Health care stocks were moderately higher Tuesday afternoon, with the NYSE Health Care Index rising 0.2% while the SPDR Health Care Select Sector ETF (XLV) was up 0.6%. The iShares Biotechnology ETF (IBB) also was climbing 1.9%. Bausch + Lomb (BLCO) increased 5.9% after the eye health company Tuesday said it has received 510(k) clearance from the US regulators for its Biotrue rehydrating drops for either soft or rigid gas permeable contact lenses.

Health care stocks were moderately higher Tuesday afternoon, with the NYSE Health Care Index rising 0.2% while the SPDR Health Care Select Sector ETF (XLV) was up 0.6%. In company news, Moderna (MRNA) jumped almost 25% after the biotechnology company said a combination of its mRNa-4157/V940 personalized mRNa cancer vaccine candidate with Merck's (MRK) Keytruda anti-PD-1 therapy reduced the risk of recurrence or death in patients with stage 3 or 4 melanoma by 44% compared with Keytruda alone during phase 2b testing. Agilent Technologies (A) added 1.4% after the US Food and Drug Administration late Monday approved the company's Resolution ctDx FIRST liquid biopsy test as a companion diagnostic to identify non-small cell lung cancer in patients with KRAS G12C gene mutation and who may benefit from Mirati Therapeutics' (MRTX) Krazati cancer medication.

Health care stocks were moderately higher Tuesday afternoon, with the NYSE Health Care Index rising 0.2% while the SPDR Health Care Select Sector ETF (XLV) was up 0.6%. The iShares Biotechnology ETF (IBB) also was climbing 1.9%. In company news, Moderna (MRNA) jumped almost 25% after the biotechnology company said a combination of its mRNa-4157/V940 personalized mRNa cancer vaccine candidate with Merck's (MRK) Keytruda anti-PD-1 therapy reduced the risk of recurrence or death in patients with stage 3 or 4 melanoma by 44% compared with Keytruda alone during phase 2b testing.

317.0

2022-12-12 00:00:00 UTC

FDA Grants Accelerated Approval For Mirati Therapeutics' Lung Cancer Drug KRAZATI

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https://www.nasdaq.com/articles/fda-grants-accelerated-approval-for-mirati-therapeutics-lung-cancer-drug-krazati

(RTTNews) - Mirati Therapeutics Inc. (MRTX) said that the U.S. Food and Drug Administration has granted accelerated approval for KRAZATI (adagrasib), a targeted treatment option for adult patients with KRASG12C-mutated locally advanced or metastatic non-small cell lung cancer, as determined by an FDA-approved test, who have received at least one prior systemic therapy. Continued approval for this indication may be contingent upon verification and description of a clinical benefit in a confirmatory trial(s). The company partnered with Agilent and QIAGEN to develop blood- and tissue-based companion diagnostics (CDx), respectively, for KRAZATI that are now available. With tissue and blood modalities for companion diagnostics, patients have more flexibility, and clinicians have greater options for biomarker testing. MRTX closed Monday regular trading at $41.41 down $0.34 or 0.81%. But in the after-hours trade, the stock gained $3.38 or 8.16%. For More Such Health News, visit rttnews.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

(RTTNews) - Mirati Therapeutics Inc. (MRTX) said that the U.S. Food and Drug Administration has granted accelerated approval for KRAZATI (adagrasib), a targeted treatment option for adult patients with KRASG12C-mutated locally advanced or metastatic non-small cell lung cancer, as determined by an FDA-approved test, who have received at least one prior systemic therapy. The company partnered with Agilent and QIAGEN to develop blood- and tissue-based companion diagnostics (CDx), respectively, for KRAZATI that are now available. With tissue and blood modalities for companion diagnostics, patients have more flexibility, and clinicians have greater options for biomarker testing.

(RTTNews) - Mirati Therapeutics Inc. (MRTX) said that the U.S. Food and Drug Administration has granted accelerated approval for KRAZATI (adagrasib), a targeted treatment option for adult patients with KRASG12C-mutated locally advanced or metastatic non-small cell lung cancer, as determined by an FDA-approved test, who have received at least one prior systemic therapy. The company partnered with Agilent and QIAGEN to develop blood- and tissue-based companion diagnostics (CDx), respectively, for KRAZATI that are now available. With tissue and blood modalities for companion diagnostics, patients have more flexibility, and clinicians have greater options for biomarker testing.

(RTTNews) - Mirati Therapeutics Inc. (MRTX) said that the U.S. Food and Drug Administration has granted accelerated approval for KRAZATI (adagrasib), a targeted treatment option for adult patients with KRASG12C-mutated locally advanced or metastatic non-small cell lung cancer, as determined by an FDA-approved test, who have received at least one prior systemic therapy. With tissue and blood modalities for companion diagnostics, patients have more flexibility, and clinicians have greater options for biomarker testing. For More Such Health News, visit rttnews.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

(RTTNews) - Mirati Therapeutics Inc. (MRTX) said that the U.S. Food and Drug Administration has granted accelerated approval for KRAZATI (adagrasib), a targeted treatment option for adult patients with KRASG12C-mutated locally advanced or metastatic non-small cell lung cancer, as determined by an FDA-approved test, who have received at least one prior systemic therapy. Continued approval for this indication may be contingent upon verification and description of a clinical benefit in a confirmatory trial(s). The company partnered with Agilent and QIAGEN to develop blood- and tissue-based companion diagnostics (CDx), respectively, for KRAZATI that are now available.

318.0

2022-12-12 00:00:00 UTC

Vishay's (VSH) Launch of New Modules Expands Diodes Offerings

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https://www.nasdaq.com/articles/vishays-vsh-launch-of-new-modules-expands-diodes-offerings

Vishay Intertechnology, Inc. VSH is leaving no stone unturned to expand its discrete offerings to bolster its presence in the booming semiconductor industry. The unveiling of three new series of 130 A to 300 A three-phase bridge power modules in the ultra-compact MTC package by the company is a testament to the same. New power modules — 130 A VS-131MT…C, 160 A VS-161MT…C and 300 A VS-301MT…C — feature blocking voltages of 1600 V and 1800 V. They also offer 3600 VRMS isolation voltage and low forward voltages down to 1.54 V. Further, these modules offer rugged design while their highly conductive MTC package delivers excellent thermal behavior, which makes them ideal for line-frequency input rectification in welding machines, switch mode power supplies, plasma cutting, battery chargers and motor control. With all these features and benefits, Vishay is likely to gain strong traction in heavy-duty industrial applications. Also, the latest move adds strength to the company’s diodes product line. Vishay Intertechnology, Inc. Price and Consensus Vishay Intertechnology, Inc. price-consensus-chart | Vishay Intertechnology, Inc. Quote Growth Prospects The latest move expands Vishay’s diode offerings, which have become an integral part of its discrete semiconductor business. In third-quarter 2022, diodes generated revenues of $209 million (23% of total revenues), up 12.8% from the year-ago quarter’s level. The company’s deepening focus on its semiconductor business as well as its strong product line is likely to continue aiding its financial performance in the days ahead. This in turn is likely to aid it in winning investors’ confidence in the near term. Vishay has gained 1% on a year-to-date basis compared with the industry’s decline of 20.6%. Moreover, we believe that expanding diodes offerings would continue to aid Vishay in expanding its presence in the global diodes market, which, per a report from Mordor Intelligence, is expected to witness a CAGR of 2.5% between 2020 and 2027. Expanding Product Portfolio The latest launch added strength to its overall product portfolio. Apart from the latest move, Vishay recently introduced a linear optocoupler - VOA300, which is an automotive-grade device offering an industry-high isolation voltage of 5300 Vrms. Further, Vishay recently acquired MaxPower Semiconductor, a fabless power semiconductor provider. The acquisition helped Vishay enhance its MOSFET product offerings. Vishay also launched four FRED Pt Gen 5 600 V Hyperfast rectifiers to strengthen its discrete semiconductor portfolio. VSH also unveiled three inductors designed to save board space and increase efficiency in IoT devices and portable electronics. Additionally, Vishay’s launch of 15 Hyperfast and Ultrafast rectifiers remains noteworthy. Also, the introduction of its two short-wavelength ultraviolet-emitting diodes, namely VLMU35CR40-275-120 and VLMU35CR41-275-120, in a ceramic and quartz-based package is a positive. We believe that these endeavors will continue to shape Vishay’s growth trajectory and sustain momentum in its various end markets. Zacks Rank & Stocks to Consider Currently, Vishay carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Asure Software ASUR, Agilent Technologies A and AMETEK AME. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and AMETEK carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Asure Software has lost 10.9% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 23%. Agilent Technologies has lost 7.8% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. AMETEK has lost 5.7% in the year-to-date period. The long-term earnings growth rate for AME is currently projected at 9.7%. 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Vishay Intertechnology, Inc. (VSH) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Vishay Intertechnology, Inc. VSH is leaving no stone unturned to expand its discrete offerings to bolster its presence in the booming semiconductor industry. Further, these modules offer rugged design while their highly conductive MTC package delivers excellent thermal behavior, which makes them ideal for line-frequency input rectification in welding machines, switch mode power supplies, plasma cutting, battery chargers and motor control. Apart from the latest move, Vishay recently introduced a linear optocoupler - VOA300, which is an automotive-grade device offering an industry-high isolation voltage of 5300 Vrms.

Vishay Intertechnology, Inc. Price and Consensus Vishay Intertechnology, Inc. price-consensus-chart | Vishay Intertechnology, Inc. Quote Growth Prospects The latest move expands Vishay’s diode offerings, which have become an integral part of its discrete semiconductor business. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and AMETEK carry a Zacks Rank #2 (Buy) at present. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Vishay Intertechnology, Inc. (VSH) : Free Stock Analysis Report To read this article on Zacks.com click here.

Vishay Intertechnology, Inc. Price and Consensus Vishay Intertechnology, Inc. price-consensus-chart | Vishay Intertechnology, Inc. Quote Growth Prospects The latest move expands Vishay’s diode offerings, which have become an integral part of its discrete semiconductor business. Zacks Rank & Stocks to Consider Currently, Vishay carries a Zacks Rank #3 (Hold). Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Vishay Intertechnology, Inc. (VSH) : Free Stock Analysis Report To read this article on Zacks.com click here.

Vishay has gained 1% on a year-to-date basis compared with the industry’s decline of 20.6%. Moreover, we believe that expanding diodes offerings would continue to aid Vishay in expanding its presence in the global diodes market, which, per a report from Mordor Intelligence, is expected to witness a CAGR of 2.5% between 2020 and 2027. Vishay also launched four FRED Pt Gen 5 600 V Hyperfast rectifiers to strengthen its discrete semiconductor portfolio.

319.0

2022-12-12 00:00:00 UTC

Zacks.com featured highlights Archer-Daniels-Midland, Deere, Booz Allen Hamilton, Agilent Technologies and Boyd Gaming

A

https://www.nasdaq.com/articles/zacks.com-featured-highlights-archer-daniels-midland-deere-booz-allen-hamilton-agilent

For Immediate Release Chicago, IL – December 12, 2022 – Stocks in this week’s article are Archer-Daniels-Midland Co. ADM, Deere & Co. DE, Booz Allen Hamilton Holding Corp. BAH, Agilent Technologies A and Boyd Gaming Corp. BYD. 5 Top Dividend Growth Stocks to Buy Amid Volatility The year 2022 has been marked by huge volatility and uncertainty as high inflation, the Fed’s policy tightening and Russia’s invasion of Ukraine continue to weigh on investor sentiment. This has raised the appeal of dividend investing. Though the strategy doesn’t offer dramatic price appreciation, it is a major source of consistent income for investors in any type of market. In fact, stocks with a strong history of year-over-year dividend growth form a healthy portfolio with a greater scope of capital appreciation as opposed to simple dividend-paying stocks or those that have high yields. We have selected five dividend growth stocks — Archer-Daniels-Midland Co., Deere & Co., Booz Allen Hamilton Holding Corp., Agilent Technologies and Boyd Gaming Corp. — that could be compelling picks amid volatility. Inside Dividend Growth Strategy Stocks that have a strong history of dividend growth belong to mature companies less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility. At the same time, these offer downside protection with their consistent increase in payouts. Additionally, these stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sustainable business model, a long track of profitability, rising cash flows, good liquidity, a strong balance sheet and some value characteristics. Further, a history of strong dividend growth indicates that a dividend increase is likely in the future. Although these stocks do not necessarily have the highest yields, they have outperformed for a longer period than the broader stock market or any other dividend-paying stock. Here are five of the 21 stocks that fit the bill: Illinois-based Archer-Daniels is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products. ADM has an expected earnings growth rate of 44.3% for this year and delivered an average earnings surprise of 26.22%. Archer-Daniels has a Zacks Rank #1 and a Growth Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here. Illinois-based Deere & Company is the world’s largest producer of agricultural equipment, manufacturing agricultural machinery since 1837 under the iconic John Deere brand with its signature green and yellow color scheme. The stock saw a solid earnings estimate revision of 81 cents over the past 30 days for the fiscal year (ending October 2023) and has an estimated earnings growth rate of 17.2%. Deere & Company carries a Zacks Rank #2 and a Growth Score of A. Virginia-based Booz Allen Hamilton Holding is engaged in providing management and technology consulting services to the U.S. government in the defense, intelligence and civil markets. The company saw a positive earnings estimate revision of 4 cents over the past 30 days for the fiscal year (ending March 2023) with an estimated earnings growth rate of 6.2%. Booz Allen has a Zacks Rank #2 and a Growth Score of A. California-based Agilent Technologies is an original equipment manufacturer of a broad-based portfolio of test and measurement products serving multiple end markets. The stock saw a solid earnings estimate revision of 14 cents over the past 30 days for the fiscal year (ending October 2023) and has an estimated earnings growth rate of 7.7%. Agilent Technologies has a Zacks Rank #2 and a Growth Score of B. Las Vegas-based Boyd Gaming is a multi-jurisdictional gaming company. It owns and operates gaming entertainment properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio and Pennsylvania. The company saw a positive earnings estimate revision of 5 cents over the past 30 days for this year with a substantial expected earnings growth rate of 12.7%. Boyd Gaming has a Zacks Rank #2 and a Growth Score of A. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2027141/5-top-dividend-growth-stocks-to-buy-amid-volatility Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: https://www.twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: https://www.zacks.com/ Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3. Be First to New Top 10 Stocks >> 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 Deere & Company (DE) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Archer Daniels Midland Company (ADM) : Free Stock Analysis Report Boyd Gaming Corporation (BYD) : Free Stock Analysis Report Booz Allen Hamilton Holding Corporation (BAH) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

For Immediate Release Chicago, IL – December 12, 2022 – Stocks in this week’s article are Archer-Daniels-Midland Co. ADM, Deere & Co. DE, Booz Allen Hamilton Holding Corp. BAH, Agilent Technologies A and Boyd Gaming Corp. BYD. Deere & Company carries a Zacks Rank #2 and a Growth Score of A. Virginia-based Booz Allen Hamilton Holding is engaged in providing management and technology consulting services to the U.S. government in the defense, intelligence and civil markets. Booz Allen has a Zacks Rank #2 and a Growth Score of A. California-based Agilent Technologies is an original equipment manufacturer of a broad-based portfolio of test and measurement products serving multiple end markets.

For Immediate Release Chicago, IL – December 12, 2022 – Stocks in this week’s article are Archer-Daniels-Midland Co. ADM, Deere & Co. DE, Booz Allen Hamilton Holding Corp. BAH, Agilent Technologies A and Boyd Gaming Corp. BYD. We have selected five dividend growth stocks — Archer-Daniels-Midland Co., Deere & Co., Booz Allen Hamilton Holding Corp., Agilent Technologies and Boyd Gaming Corp. — that could be compelling picks amid volatility. Click to get this free report Deere & Company (DE) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Archer Daniels Midland Company (ADM) : Free Stock Analysis Report Boyd Gaming Corporation (BYD) : Free Stock Analysis Report Booz Allen Hamilton Holding Corporation (BAH) : Free Stock Analysis Report To read this article on Zacks.com click here.

Inside Dividend Growth Strategy Stocks that have a strong history of dividend growth belong to mature companies less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility. The stock saw a solid earnings estimate revision of 81 cents over the past 30 days for the fiscal year (ending October 2023) and has an estimated earnings growth rate of 17.2%. Click to get this free report Deere & Company (DE) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Archer Daniels Midland Company (ADM) : Free Stock Analysis Report Boyd Gaming Corporation (BYD) : Free Stock Analysis Report Booz Allen Hamilton Holding Corporation (BAH) : Free Stock Analysis Report To read this article on Zacks.com click here.

You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2027141/5-top-dividend-growth-stocks-to-buy-amid-volatility Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

320.0

2022-12-09 00:00:00 UTC

5 Top Dividend Growth Stocks to Buy Amid Volatility

A

https://www.nasdaq.com/articles/5-top-dividend-growth-stocks-to-buy-amid-volatility-0

The year 2022 has been marked by huge volatility and uncertainty as high inflation, the Fed’s policy tightening and Russia’s invasion of Ukraine continue to weigh on investor sentiment. This has raised the appeal of dividend investing. Though the strategy doesn’t offer dramatic price appreciation, it is a major source of consistent income for investors in any type of market. In fact, stocks with a strong history of year-over-year dividend growth form a healthy portfolio with a greater scope of capital appreciation as opposed to simple dividend-paying stocks or those that have high yields. We have selected five dividend growth stocks — Archer-Daniels-Midland Company ADM, Deere & Company DE, Booz Allen Hamilton Holding Corporation BAH, Agilent Technologies A, and Boyd Gaming Corporation BYD — that could be compelling picks amid volatility. Inside Dividend Growth Strategy Stocks that have a strong history of dividend growth belong to mature companies less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility. At the same time, these offer downside protection with their consistent increase in payouts. Additionally, these stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sustainable business model, a long track of profitability, rising cash flows, good liquidity, a strong balance sheet and some value characteristics. Further, a history of strong dividend growth indicates that a dividend increase is likely in the future. Although these stocks do not necessarily have the highest yields, they have outperformed for a longer period than the broader stock market or any other dividend-paying stock. As a result, picking dividend growth stocks appears as a winning strategy when some other parameters are also included. 5-Year Historical Dividend Growth greater than zero: This selects stocks with a solid dividend growth history. 5-Year Historical Sales Growth greater than zero: This represents stocks with a strong record of growing revenues. 5-Year Historical EPS Growth greater than zero: This represents stocks with a solid earnings growth history. Next 3-5 Year EPS Growth Rate greater than zero: This represents the rate at which a company’s earnings are expected to grow. Improving earnings should help companies sustain dividend payments. Price/Cash Flow less than M-Industry: A ratio less than M-industry indicates that the stock is undervalued in that industry and that an investor needs to pay less for better cash flow generated by the company. 52-Week Price Change greater than S&P 500 (Market Weight): This ensures that the stock appreciated more than the S&P 500 over the past year. Top Zacks Rank: Stocks having a Zacks Rank #1 (Strong Buy) and 2 (Buy) generally outperform their peers in all types of market environments. Growth Score of B or better: Our research shows that stocks with a Growth Score of A or B when combined with a Zacks Rank #1 or 2 offer the best upside potential. Just these few criteria narrowed down the universe from over 7,700 stocks to just 21. Here are five of the 21 stocks that fit the bill: Illinois-based Archer-Daniels is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products. ADM has an expected earnings growth rate of 44.3% for this year and delivered an average earnings surprise of 26.22%. Archer-Daniels has a Zacks Rank #1 and a Growth Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here. Illinois-based Deere & Company is the world’s largest producer of agricultural equipment, manufacturing agricultural machinery since 1837 under the iconic John Deere brand with its signature green and yellow color scheme. The stock saw a solid earnings estimate revision of 81 cents over the past 30 days for the fiscal year (ending October 2023) and has an estimated earnings growth rate of 17.2%. Deere & Company carries a Zacks Rank #2 and a Growth Score of A. Virginia-based Booz Allen Hamilton Holding is engaged in providing management and technology consulting services to the U.S. government in the defense, intelligence and civil markets. The company saw a positive earnings estimate revision of 4 cents over the past 30 days for the fiscal year (ending March 2023) with an estimated earnings growth rate of 6.2%. Booz Allen has a Zacks Rank #2 and a Growth Score of A. California-based Agilent Technologies is an original equipment manufacturer of a broad-based portfolio of test and measurement products serving multiple end markets. The stock saw a solid earnings estimate revision of 14 cents over the past 30 days for the fiscal year (ending October 2023) and has an estimated earnings growth rate of 7.7%. Agilent Technologies has a Zacks Rank #2 and a Growth Score of B. Las Vegas-based Boyd Gaming is a multi-jurisdictional gaming company. It owns and operates gaming entertainment properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio and Pennsylvania. The company saw a positive earnings estimate revision of 5 cents over the past 30 days for this year with a substantial expected earnings growth rate of 12.7%. Boyd Gaming has a Zacks Rank #2 and a Growth Score of A. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance. 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 >> 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 Deere & Company (DE) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Archer Daniels Midland Company (ADM) : Free Stock Analysis Report Boyd Gaming Corporation (BYD) : Free Stock Analysis Report Booz Allen Hamilton Holding Corporation (BAH) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The year 2022 has been marked by huge volatility and uncertainty as high inflation, the Fed’s policy tightening and Russia’s invasion of Ukraine continue to weigh on investor sentiment. These include a sustainable business model, a long track of profitability, rising cash flows, good liquidity, a strong balance sheet and some value characteristics. Virginia-based Booz Allen Hamilton Holding is engaged in providing management and technology consulting services to the U.S. government in the defense, intelligence and civil markets.

We have selected five dividend growth stocks — Archer-Daniels-Midland Company ADM, Deere & Company DE, Booz Allen Hamilton Holding Corporation BAH, Agilent Technologies A, and Boyd Gaming Corporation BYD — that could be compelling picks amid volatility. The stock saw a solid earnings estimate revision of 81 cents over the past 30 days for the fiscal year (ending October 2023) and has an estimated earnings growth rate of 17.2%. Click to get this free report Deere & Company (DE) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Archer Daniels Midland Company (ADM) : Free Stock Analysis Report Boyd Gaming Corporation (BYD) : Free Stock Analysis Report Booz Allen Hamilton Holding Corporation (BAH) : Free Stock Analysis Report To read this article on Zacks.com click here.

Inside Dividend Growth Strategy Stocks that have a strong history of dividend growth belong to mature companies less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility. Growth Score of B or better: Our research shows that stocks with a Growth Score of A or B when combined with a Zacks Rank #1 or 2 offer the best upside potential. Click to get this free report Deere & Company (DE) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Archer Daniels Midland Company (ADM) : Free Stock Analysis Report Boyd Gaming Corporation (BYD) : Free Stock Analysis Report Booz Allen Hamilton Holding Corporation (BAH) : Free Stock Analysis Report To read this article on Zacks.com click here.

We have selected five dividend growth stocks — Archer-Daniels-Midland Company ADM, Deere & Company DE, Booz Allen Hamilton Holding Corporation BAH, Agilent Technologies A, and Boyd Gaming Corporation BYD — that could be compelling picks amid volatility. Further, a history of strong dividend growth indicates that a dividend increase is likely in the future. 5-Year Historical Dividend Growth greater than zero: This selects stocks with a solid dividend growth history.

321.0

2022-12-09 00:00:00 UTC

The Zacks Analyst Blog Highlights Fortinet, Airbnb, Agilent Technologies and Kroger

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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights-fortinet-airbnb-agilent-technologies-and-kroger

For Immediate Release Chicago, IL – December 9, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Fortinet FTNT, Airbnb ABNB, Agilent Technologies A and The Kroger KR. Here are highlights from Thursday’s Analyst Blog: 4 High-Quality Stocks You'll Regret Not Buying a Year from Now The U.S. equity market has been highly volatile this year due to uncertainties associated with the coronavirus pandemic, geopolitical tensions and supply-chain challenges. These factors have been taking a toll on various sectors, including technology, retail, automotive and industrial, in the form of rising inflationary pressure, resulting in a massive decline in the major U.S. indexes. This is evident from year-to-date declines of 7.5%, 17.5% and 29.9% in the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite, respectively. To counter inflation woes, the Federal Reserve hiked interest rates four times this year by 0.75 basis points on each occasion. The Fed has further vowed to hike interest rates to drag down inflation to its target of 2% at best by 2025. This has turned the market jittery. Moreover, the Fed might take a more aggressive step in hiking the interest rates to curtail inflation further. This, in turn, might aggravate the fears of economic recession. Nevertheless, the situation is likely to improve in the near term, which is evident from Fed Chair Jerome Powell’s recent short-term message stating that the Fed is about to slow down the pace of interest rate hikes in the upcoming meeting. It is expected that Fed would spike the interest rates by 50 basis points this time instead of 75 basis points. Against this backdrop, we advise investors looking for good investment opportunities to park their money in high fliers with strong growth potential, such as high-quality stocks. We recommend four high-quality stocks, namely Fortinet, Airbnb, Agilent Technologies and The Kroger. Why Invest in These Stocks? Amid market volatility, it is prudent to pick the above stocks, as these are highly reputed, fundamentally strong and financially resilient. These factors instill the potential in the stocks to defy recessionary woes. Apart from having solid fundamentals, the aforementioned stocks have a favorable combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or #2 (Buy), with a market capitalization greater than $10 billion. Per Zacks’ proprietary methodology, stocks with such a favorable combination offer solid investment opportunities. You can see the complete list of today’s Zacks #1 Rank stocks here. Fortinet has been benefiting from the rising demand for security and networking products amid the growing hybrid working trend. It has also been gaining from robust growth in Fortinet Security Fabric, cloud and Software-defined Wide Area Network offerings. Increasing IT spending on cybersecurity is expected to help Fortinet grow faster than the security market. Its focus on enhancing the unified threat management portfolio through product development and acquisitions remains another tailwind. Strong deal wins remain the company’s key growth drivers. FTNT currently has a Zacks Rank #2 and a Growth Score of A. It has a market capitalization of $39.73 billion. The Zacks Consensus Estimate for Fortinet’s 2023 earnings has improved 7% to $1.38 per share in the past 60 days. The long-term earnings growth rate for the stock is pegged at 18%. The stock has a trailing four-quarter earnings surprise of 14.5%, on average. Fortinet, Inc. price-consensus-chart | Fortinet, Inc. Quote Airbnb is gaining from strengthening travel demand across the world. The company is witnessing solid growth in average daily rates and gross booking value. Growing momentum across North America, EMEA and Latin America remains a tailwind. Its rising Nights & Experiences booked and gross nights booked in high-density urban areas remain a major positive. Airbnb’s strong relationships with hosts of several properties worldwide are likely to continue aiding its presence in the booming online travel booking space. Further, its growing presence in the hotel accommodation space is expected to drive its momentum among travelers or guests. ABNB currently has a Zacks Rank #2 and a Growth Score of A. It has a market capitalization of $59.82 billion. The Zacks Consensus Estimate for Airbnb’s 2023 earnings has improved 10.8% to $2.98 per share in the past 60 days. The long-term earnings growth rate for the stock is pegged at 20.7%. The stock has a trailing four-quarter earnings surprise of 52.8%, on average. Airbnb, Inc. price-consensus-chart | Airbnb, Inc. Quote Agilent Technologies is riding on the growing momentum in the pharma and applied markets. Further, it benefits from strength across Liquid Chromatography and Mass Spectrometry instruments. Additionally, the company’s expanding genomic portfolio remains a major positive. Agilent’s growing strategic partnerships in a bid to provide advanced technological solutions to its customers are likely to continue driving its financial performance in the days ahead. Its partnership with Amazon Web Services and NVIDIA to improve its processing speeds for variant calling workflows remains noteworthy. Also, Agilent’s collaboration with Advanced Mammalian Biomanufacturing Innovation Center to bring innovative measurement tools for bioprocess development and biomolecular, cell and gene-based therapeutics manufacturing applications, is another positive. Agilent currently has a Zacks Rank #2 and a Growth Score of B. It has a market capitalization of $44.81 billion. The Zacks Consensus Estimate for A’s fiscal 2023 earnings has increased 2.7% to $5.62 per share over the past 60 days. The long-term earnings growth rate for the stock is pegged at 10%. The stock has a trailing four-quarter earnings surprise of 6.7%, on average. Agilent Technologies, Inc. price-consensus-chart | Agilent Technologies, Inc. Quote Kroger is benefiting from its strengthening digital business. Its solid Delivery Now initiative, Boost membership program and robust network of customer fulfillment centers remains major positives. Further, the company continues to gain traction with its “Restock Kroger” program which involves investments in the omni-channel platform, identifying margin-rich alternative profit streams, merchandise optimization, and lowering of expenses. This is another positive. Kroger’s growing investments to enhance product freshness and quality as well as expand digital capabilities are likely to aid it in sustaining strong momentum in the retail world. Further, its deepening focus on expanding its Our Brands portfolio is likely to continue driving its customer momentum in the days ahead. Kroger currently has a Zacks Rank #2 and a Growth Score of B. It has a market capitalization of $33.16 billion. The Zacks Consensus Estimate for KR’s fiscal 2024 earnings has improved 0.2% to $4.20 per share over the past 60 days. The long-term earnings growth rate for the stock is pegged at 6.1%. The stock has a trailing four-quarter earnings surprise of 13.4%, on average. The Kroger Co. price-consensus-chart | The Kroger Co. Quote Why Haven’t You Looked at Zacks' Top Stocks? Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Fortinet, Inc. (FTNT) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

These factors have been taking a toll on various sectors, including technology, retail, automotive and industrial, in the form of rising inflationary pressure, resulting in a massive decline in the major U.S. indexes. Against this backdrop, we advise investors looking for good investment opportunities to park their money in high fliers with strong growth potential, such as high-quality stocks. Further, the company continues to gain traction with its “Restock Kroger” program which involves investments in the omni-channel platform, identifying margin-rich alternative profit streams, merchandise optimization, and lowering of expenses.

Stocks recently featured in the blog include: Fortinet FTNT, Airbnb ABNB, Agilent Technologies A and The Kroger KR. Agilent Technologies, Inc. price-consensus-chart | Agilent Technologies, Inc. Quote Kroger is benefiting from its strengthening digital business. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Fortinet, Inc. (FTNT) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here.

Apart from having solid fundamentals, the aforementioned stocks have a favorable combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or #2 (Buy), with a market capitalization greater than $10 billion. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Fortinet, Inc. (FTNT) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here.

Apart from having solid fundamentals, the aforementioned stocks have a favorable combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or #2 (Buy), with a market capitalization greater than $10 billion. Fortinet, Inc. price-consensus-chart | Fortinet, Inc. Quote Airbnb is gaining from strengthening travel demand across the world. For Immediate Release Chicago, IL – December 9, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog.

322.0

2022-12-08 00:00:00 UTC

4 High-Quality Stocks You'll Regret Not Buying a Year From Now

A

https://www.nasdaq.com/articles/4-high-quality-stocks-youll-regret-not-buying-a-year-from-now

The U.S. equity market has been highly volatile this year due to uncertainties associated with the coronavirus pandemic, geopolitical tensions and supply-chain challenges. These factors have been taking a toll on various sectors, including technology, retail, automotive and industrial, in the form of rising inflationary pressure, resulting in a massive decline in the major U.S. indexes. This is evident from year-to-date declines of 7.5%, 17.5% and 29.9% in the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite, respectively. To counter inflation woes, the Federal Reserve hiked interest rates four times this year by 0.75 basis points on each occasion. The Fed has further vowed to hike interest rates to drag down inflation to its target of 2% at best by 2025. This has turned the market jittery. Moreover, the Fed might take a more aggressive step in hiking the interest rates to curtail inflation further. This, in turn, might aggravate the fears of economic recession. Nevertheless, the situation is likely to improve in the near term, which is evident from Fed Chair Jerome Powell’s recent short-term message stating that the Fed is about to slow down the pace of interest rate hikes in the upcoming meeting. It is expected that Fed would spike the interest rates by 50 basis points this time instead of 75 basis points. Against this backdrop, we advise investors looking for good investment opportunities to park their money in high fliers with strong growth potential, such as high-quality stocks. We recommend four high-quality stocks, namely Fortinet FTNT, Airbnb ABNB, Agilent Technologies A and The Kroger KR. Why Invest in These Stocks? Amid market volatility, it is prudent to pick the above stocks, as these are highly reputed, fundamentally strong and financially resilient. These factors instill the potential in the stocks to defy recessionary woes. Apart from having solid fundamentals, the aforementioned stocks have a favorable combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or #2 (Buy), with a market capitalization greater than $10 billion. Per Zacks’ proprietary methodology, stocks with such a favorable combination offer solid investment opportunities. You can see the complete list of today’s Zacks #1 Rank stocks here. Fortinet has been benefiting from the rising demand for security and networking products amid the growing hybrid working trend. It has also been gaining from robust growth in Fortinet Security Fabric, cloud and Software-defined Wide Area Network offerings. Increasing IT spending on cybersecurity is expected to help Fortinet grow faster than the security market. Its focus on enhancing the unified threat management portfolio through product development and acquisitions remains another tailwind. Strong deal wins remain the company’s key growth drivers. FTNT currently has a Zacks Rank #2 and a Growth Score of A. It has a market capitalization of $39.73 billion. The Zacks Consensus Estimate for Fortinet’s 2023 earnings has improved 7% to $1.38 per share in the past 60 days. The long-term earnings growth rate for the stock is pegged at 18%. The stock has a trailing four-quarter earnings surprise of 14.5%, on average. Fortinet, Inc. Price and Consensus Fortinet, Inc. price-consensus-chart | Fortinet, Inc. Quote Airbnb is gaining from strengthening travel demand across the world. The company is witnessing solid growth in average daily rates and gross booking value. Growing momentum across North America, EMEA and Latin America remains a tailwind. Its rising Nights & Experiences booked and gross nights booked in high-density urban areas remain a major positive. Airbnb’s strong relationships with hosts of several properties worldwide are likely to continue aiding its presence in the booming online travel booking space. Further, its growing presence in the hotel accommodation space is expected to drive its momentum among travelers or guests. ABNB currently has a Zacks Rank #2 and a Growth Score of A. It has a market capitalization of $59.82 billion. The Zacks Consensus Estimate for Airbnb’s 2023 earnings has improved 10.8% to $2.98 per share in the past 60 days. The long-term earnings growth rate for the stock is pegged at 20.7%. The stock has a trailing four-quarter earnings surprise of 52.8%, on average. Airbnb, Inc. Price and Consensus Airbnb, Inc. price-consensus-chart | Airbnb, Inc. Quote Agilent Technologies is riding on the growing momentum in the pharma and applied markets. Further, it benefits from strength across Liquid Chromatography and Mass Spectrometry instruments. Additionally, the company’s expanding genomic portfolio remains a major positive. Agilent’s growing strategic partnerships in a bid to provide advanced technological solutions to its customers are likely to continue driving its financial performance in the days ahead. Its partnership with Amazon Web Services and NVIDIA to improve its processing speeds for variant calling workflows remains noteworthy. Also, Agilent’s collaboration with Advanced Mammalian Biomanufacturing Innovation Center to bring innovative measurement tools for bioprocess development and biomolecular, cell and gene-based therapeutics manufacturing applications, is another positive. Agilent currently has a Zacks Rank #2 and a Growth Score of B. It has a market capitalization of $44.81 billion. The Zacks Consensus Estimate for A’s fiscal 2023 earnings has increased 2.7% to $5.62 per share over the past 60 days. The long-term earnings growth rate for the stock is pegged at 10%. The stock has a trailing four-quarter earnings surprise of 6.7%, on average. Agilent Technologies, Inc. Price and Consensus Agilent Technologies, Inc. price-consensus-chart | Agilent Technologies, Inc. Quote Kroger is benefiting from its strengthening digital business. Its solid Delivery Now initiative, Boost membership program and robust network of customer fulfillment centers remains major positives. Further, the company continues to gain traction with its “Restock Kroger” program which involves investments in the omni-channel platform, identifying margin-rich alternative profit streams, merchandise optimization, and lowering of expenses. This is another positive. Kroger’s growing investments to enhance product freshness and quality as well as expand digital capabilities are likely to aid it in sustaining strong momentum in the retail world. Further, its deepening focus on expanding its Our Brands portfolio is likely to continue driving its customer momentum in the days ahead. Kroger currently has a Zacks Rank #2 and a Growth Score of B. It has a market capitalization of $33.16 billion. The Zacks Consensus Estimate for KR’s fiscal 2024 earnings has improved 0.2% to $4.20 per share over the past 60 days. The long-term earnings growth rate for the stock is pegged at 6.1%. The stock has a trailing four-quarter earnings surprise of 13.4%, on average. The Kroger Co. Price and Consensus The Kroger Co. price-consensus-chart | The Kroger Co. Quote Just Released: Zacks Unveils the Top 5 EV Stocks for 2022 For several months now, electric vehicles have been disrupting the $82 billion automotive industry. And that disruption is only getting bigger thanks to sky-high gas prices. Even titans in the financial industry including George Soros, Jeff Bezos, and Ray Dalio have invested in this unstoppable wave. You don't want to be sitting on your hands while EV stocks break out and climb to new highs. In a new free report, Zacks is revealing the top 5 EV stocks for investors. Next year, don't look back on today wishing you had taken advantage of this opportunity. >>Send me my free report revealing the top 5 EV stocks 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Fortinet, Inc. (FTNT) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

These factors have been taking a toll on various sectors, including technology, retail, automotive and industrial, in the form of rising inflationary pressure, resulting in a massive decline in the major U.S. indexes. Further, the company continues to gain traction with its “Restock Kroger” program which involves investments in the omni-channel platform, identifying margin-rich alternative profit streams, merchandise optimization, and lowering of expenses. Kroger’s growing investments to enhance product freshness and quality as well as expand digital capabilities are likely to aid it in sustaining strong momentum in the retail world.

Fortinet, Inc. Price and Consensus Fortinet, Inc. price-consensus-chart | Fortinet, Inc. Quote Airbnb is gaining from strengthening travel demand across the world. Agilent Technologies, Inc. Price and Consensus Agilent Technologies, Inc. price-consensus-chart | Agilent Technologies, Inc. Quote Kroger is benefiting from its strengthening digital business. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Fortinet, Inc. (FTNT) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here.

Apart from having solid fundamentals, the aforementioned stocks have a favorable combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or #2 (Buy), with a market capitalization greater than $10 billion. The Kroger Co. Price and Consensus The Kroger Co. price-consensus-chart | The Kroger Co. Quote Just Released: Zacks Unveils the Top 5 EV Stocks for 2022 For several months now, electric vehicles have been disrupting the $82 billion automotive industry. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Fortinet, Inc. (FTNT) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here.

We recommend four high-quality stocks, namely Fortinet FTNT, Airbnb ABNB, Agilent Technologies A and The Kroger KR. The Kroger Co. Price and Consensus The Kroger Co. price-consensus-chart | The Kroger Co. Quote Just Released: Zacks Unveils the Top 5 EV Stocks for 2022 For several months now, electric vehicles have been disrupting the $82 billion automotive industry. The U.S. equity market has been highly volatile this year due to uncertainties associated with the coronavirus pandemic, geopolitical tensions and supply-chain challenges.

323.0

2022-12-07 00:00:00 UTC

Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio

A

https://www.nasdaq.com/articles/why-this-1-growth-stock-could-be-a-great-addition-to-your-portfolio-161

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value Score Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks. Growth Score While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum Score Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM Score What if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. #1 (Strong Buy) stocks have produced an unmatched +25.41% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Agilent Technologies (A) Palo Alto, CA-based Agilent Technologies, Inc. was originally a spin-off from Hewlett-Packard. The company is an original equipment manufacturer (OEM) of a broad-based portfolio of test and measurement products serving multiple end markets. An is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. A has a Growth Style Score of B, forecasting year-over-year earnings growth of 7.7% for the current fiscal year. Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.15 to $5.62 per share. An also boasts an average earnings surprise of 6.7%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, A should be on investors' short list. 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 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. The company is an original equipment manufacturer (OEM) of a broad-based portfolio of test and measurement products serving multiple end markets.

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

What are the Zacks Style Scores? That's where the Style Scores come in. An is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors.

324.0

2022-12-07 00:00:00 UTC

Why This 1 Computer and Technology Stock Could Be a Great Addition to Your Portfolio

A

https://www.nasdaq.com/articles/why-this-1-computer-and-technology-stock-could-be-a-great-addition-to-your-portfolio-19

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success. One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries. The service also includes the Focus List, which is a long-term portfolio of top stocks that boast a winning, market-beating combination of growth and momentum qualities. Breaking Down the Zacks Focus List If you could get access to a curated list of stocks to kickstart your investment portfolio, wouldn't you jump at the chance to take a peek? That's what the Zacks Focus List offers. It's a portfolio of 50 stocks that serve as a starting point for long-term investors to build their individual portfolios. The stocks included in the list are set to outperform the market over the next 12 months. What makes the Focus List even more helpful is that each selection is accompanied by a full Zacks Analyst Report, which explains the reasoning behind every stock's selection and why we believe it's a good pick for the long-term. The portfolio's past performance only solidifies why investors should consider it as a starting point. For 2020, the Focus List gained 13.85% on an annualized basis compared to the S&P 500's return of 9.38%. Cumulatively, the portfolio has returned 2,519.23% while the S&P returned 854.95%. Returns are for the period of February 1, 1996 to March 31, 2021. Focus List Methodology When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions. Earnings estimates are expectations of growth and profitability, and are determined by brokerage analysts. Together with company management, these analysts examine every aspect that may affect future earnings, like interest rates, the economy, and sector and industry optimism. Investors also need to look at what a company will earn down the road. This is why earnings estimate revisions are so important. Stocks that receive upward earnings estimate revisions are more likely to receive even more upward changes in the future. For example, if an analyst raised their estimates last month, they're more likely to do it again this month, and other analysts are likely to do the same. Harnessing the power of earnings estimate revisions is where the Zacks Rank comes in. The Zacks Rank is a unique, proprietary stock-rating model that utilizes changes to a company's quarterly earnings expectations to help investors build a winning portfolio. The Zacks Rank consists of four main pillars: Agreement, Magnitude, Upside, and Surprise. Each one is given a raw score, which is recalculated every night and compiled into the Rank. Then, stocks are classified into five groups, ranging from "Strong Buy" to "Strong Sell," using this data. The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts. Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks offer investors a great opportunity to get into companies whose future earnings estimates will be raised, potentially leading to price momentum. Focus List Spotlight: Agilent Technologies (A) Palo Alto, CA-based Agilent Technologies, Inc. was originally a spin-off from Hewlett-Packard. The company is an original equipment manufacturer (OEM) of a broad-based portfolio of test and measurement products serving multiple end markets. On July 11, 2017, A was added to the Focus List at $59.86 per share. Shares have increased 152.84% to $151.35 since then, and the company is a #2 (Buy) on the Zacks Rank. Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.15 to $5.62. An also boasts an average earnings surprise of 6.7%. Earnings for An are forecasted to see growth of 7.7% for the current fiscal year as well. Reveal Winning Stocks Unlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. You'll quickly identify which stocks to buy, hold and sell, and target today's hottest industries, to help improve the performance of your portfolio. Gain full access now >> 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 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The service also includes the Focus List, which is a long-term portfolio of top stocks that boast a winning, market-beating combination of growth and momentum qualities. The Zacks Rank is a unique, proprietary stock-rating model that utilizes changes to a company's quarterly earnings expectations to help investors build a winning portfolio. Focus List stocks offer investors a great opportunity to get into companies whose future earnings estimates will be raised, potentially leading to price momentum.

One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. Focus List stocks offer investors a great opportunity to get into companies whose future earnings estimates will be raised, potentially leading to price momentum. Reveal Winning Stocks Unlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium.

One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts. Reveal Winning Stocks Unlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium.

One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. That's what the Zacks Focus List offers. Focus List Methodology When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

325.0

2022-12-06 00:00:00 UTC

Is Trending Stock Agilent Technologies, Inc. (A) a Buy Now?

A

https://www.nasdaq.com/articles/is-trending-stock-agilent-technologies-inc.-a-a-buy-now

Agilent Technologies (A) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this scientific instrument maker have returned +10.6%, compared to the Zacks S&P 500 composite's +6.2% change. During this period, the Zacks Electronics - Testing Equipment industry, which Agilent falls in, has gained 8.4%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Agilent is expected to post earnings of $1.31 per share, indicating a change of +8.3% from the year-ago quarter. The Zacks Consensus Estimate has changed -2.2% over the last 30 days. The consensus earnings estimate of $5.62 for the current fiscal year indicates a year-over-year change of +7.7%. This estimate has changed +2.9% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $6.18 indicates a change of +9.8% from what Agilent is expected to report a year ago. Over the past month, the estimate has changed +1.2%. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Agilent is rated Zacks Rank #2 (Buy). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth Forecast While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. For Agilent, the consensus sales estimate for the current quarter of $1.69 billion indicates a year-over-year change of +1.1%. For the current and next fiscal years, $6.96 billion and $7.5 billion estimates indicate +1.7% and +7.8% changes, respectively. Last Reported Results and Surprise History Agilent reported revenues of $1.85 billion in the last reported quarter, representing a year-over-year change of +11.4%. EPS of $1.53 for the same period compares with $1.21 a year ago. Compared to the Zacks Consensus Estimate of $1.77 billion, the reported revenues represent a surprise of +4.66%. The EPS surprise was +10.07%. The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period. Valuation Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Agilent is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade. Conclusion The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Agilent. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Conclusion The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Agilent.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth Forecast While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. Last Reported Results and Surprise History Agilent reported revenues of $1.85 billion in the last reported quarter, representing a year-over-year change of +11.4%. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Agilent is rated Zacks Rank #2 (Buy). While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

When earnings estimates for a company go up, the fair value for its stock goes up as well. EPS of $1.53 for the same period compares with $1.21 a year ago. Compared to the Zacks Consensus Estimate of $1.77 billion, the reported revenues represent a surprise of +4.66%.

326.0

2022-11-29 00:00:00 UTC

Texas Instruments' (TXN) Latest Launches Aid Analog Portfolio

A

https://www.nasdaq.com/articles/texas-instruments-txn-latest-launches-aid-analog-portfolio

To meet the requirements of a wide range of space missions, Texas Instruments TXN introduced device-screening specifications called space high-grade plastic (SHP) and SHP-compatible analog-to-digital converters (ADCs), namely ADC12DJ5200-SP and ADC12QJ1600-SP. TXN also bolstered its radiation-tolerant Space Enhanced Plastic (Space EP) portfolio with a new family of pulse-width modulation (PWM) controllers, namely TPS7H5005-SEP. With its latest endeavors, Texas Instruments expanded its space-grade analog semiconductor product offerings in highly reliable plastic packages, thus helping reduce launch costs by enabling designers to lower the system-level size, weight and power. The SHP specification ensures integrated circuits to meet the rigorous design requirements of deep space missions even in extremely harsh environmental conditions. We believe, the recent move is likely to aid Texas Instruments in gaining solid momentum across various space applications. This, in turn, will contribute well to its analog semiconductor business. Texas Instruments Incorporated Price and Consensus Texas Instruments Incorporated price-consensus-chart | Texas Instruments Incorporated Quote Behind the Headlines The new ADCs help maximize data communication speeds and reduce thermal resistance while developing small designs. With the launch of these ADCs, Texas Instruments positioned itself well to expand its presence in the booming analog-to-digital converters market, which is steadily benefiting from global technological advancements. Per an IMARC Group report, the global analog-to-digital converters market is expected to hit $3.3 billion by 2027, witnessing a CAGR of 5.4% between 2022 and 2027. The launch of the TPS7H5005-SEP PWM controllers remains a huge addition to TXN’s Space EP portfolio, as these support multiple power-supply topologies and field-effect transistor architectures. With TPS7H5005-SEP, Texas Instruments is well poised to capitalize on the prospects present in the growing PWM controllers’ market, which per a Future Market Insights report, is anticipated to reach $9.1 billion in 2022 and $15 billion by 2032, seeing a CAGR of 5.1% between 2022 and 2032. The growing prospects of Texas Instruments in the above-mentioned promising markets are likely to raise investor optimism on the stock in the days ahead. Shares of Texas Instruments have lost 6.1% on a year-to-date basis compared with the industry’s decline of 38.2%. Analog Segment in Focus With this latest move, Texas Instruments strengthens its analog segment offerings. The underlined segment is integral to Texas Instruments as it generates the majority of the total revenues. In the third quarter of 2022, the segment generated $3.99 billion revenues (76.2% of total revenues), up 13% from the year-ago quarter’s level. Therefore, Texas Instruments’ growing efforts toward expanding the analog segment are likely to continue driving its financial performance in the near and the long term. Zacks Rank & Stocks to Consider Currently, Texas Instruments carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Asure Software ASUR, Agilent Technologies A and AMETEK AME. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and AMETEK carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Asure Software has lost 10.9% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 14%. Agilent Technologies has lost 7.8% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. AMETEK has lost 5.7% in the year-to-date period. The long-term earnings growth rate for AME is currently projected at 9.7%. 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 >> 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 Texas Instruments Incorporated (TXN) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

With its latest endeavors, Texas Instruments expanded its space-grade analog semiconductor product offerings in highly reliable plastic packages, thus helping reduce launch costs by enabling designers to lower the system-level size, weight and power. The SHP specification ensures integrated circuits to meet the rigorous design requirements of deep space missions even in extremely harsh environmental conditions. The launch of the TPS7H5005-SEP PWM controllers remains a huge addition to TXN’s Space EP portfolio, as these support multiple power-supply topologies and field-effect transistor architectures.

To meet the requirements of a wide range of space missions, Texas Instruments TXN introduced device-screening specifications called space high-grade plastic (SHP) and SHP-compatible analog-to-digital converters (ADCs), namely ADC12DJ5200-SP and ADC12QJ1600-SP. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and AMETEK carry a Zacks Rank #2 (Buy) at present. Click to get this free report Texas Instruments Incorporated (TXN) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report To read this article on Zacks.com click here.

Texas Instruments Incorporated Price and Consensus Texas Instruments Incorporated price-consensus-chart | Texas Instruments Incorporated Quote Behind the Headlines The new ADCs help maximize data communication speeds and reduce thermal resistance while developing small designs. Zacks Rank & Stocks to Consider Currently, Texas Instruments carries a Zacks Rank #3 (Hold). Click to get this free report Texas Instruments Incorporated (TXN) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report To read this article on Zacks.com click here.

To meet the requirements of a wide range of space missions, Texas Instruments TXN introduced device-screening specifications called space high-grade plastic (SHP) and SHP-compatible analog-to-digital converters (ADCs), namely ADC12DJ5200-SP and ADC12QJ1600-SP. Analog Segment in Focus With this latest move, Texas Instruments strengthens its analog segment offerings. Asure Software has lost 10.9% in the year-to-date period.

327.0

2022-11-28 00:00:00 UTC

Vishay (VSH) Unveils an Optocoupler, Expands Portfolio

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https://www.nasdaq.com/articles/vishay-vsh-unveils-an-optocoupler-expands-portfolio

Vishay Intertechnology, Inc. VSH is leaving no stone unturned to expand its discrete offerings to bolster its presence in the booming semiconductor industry. The unveiling of the linear optocoupler VOA300 is a testament to the same. VOA300 is an automotive-grade device offering an industry-high isolation voltage of 5300 Vrms. Additionally, VOA300 offers low-power consumption of < 15 mW, high-gain linearity of ± 0.25 % and low input-output capacitance of 1 pF typical. It also provides a fast response time, increased transfer gain stability of ± 0.005 %/°C typical and a single-ended output for design flexibility. We note that Vishay is likely to gain momentum among applications in harsh industrial environments with the latest optocoupler, as it features an operating temperature range of up to +125 °C. Moreover, it offers reliable and fast data transfers at the rate of 1.4 MHz, making it ideal for galvanically-isolated current and voltage measurement in electric vehicles, such as on-board chargers, traction inverters and DC/DC converters. Vishay Intertechnology, Inc. Price and Consensus Vishay Intertechnology, Inc. price-consensus-chart | Vishay Intertechnology, Inc. Quote Key Prospects All the above-mentioned features of VCNT2025X01 make Vishay well-positioned to gain solid momentum among automotive, smart home, industrial and office applications. With these various use cases, the launch of VOA300 is expected to strengthen Vishay’s presence in the growing optocoupler market. Per a Mordor Intelligence report, this market is anticipated to hit $4.26 billion by 2026, seeing a CAGR of 8.8% between 2021 and 2026. Moreover, the latest move bodes well for VSH’s deepening focus on expanding its optoelectronics portfolio. Hence, an expanding optoelectronics portfolio will aid Vishay in capitalizing on the growth opportunities in the booming optoelectronics market. Per a Research and Markets report, the market size is expected to see a CAGR of 10.2% between 2021 and 2026, and reach $9.8 billion by 2026. We believe, Vishay’s growing prospects in this promising market are likely to aid it in winning investors’ confidence in the days ahead. Vishay has lost 14.2% on a year-to-date basis compared with the industry’s decline of 4.1%. Expanding Product Portfolio The latest launch added strength to its overall product portfolio. Apart from the latest move, Vishay recently acquired MaxPower Semiconductor, a fabless power semiconductor provider. The acquisition helped Vishay enhance its MOSFET product offerings. Vishay also launched four FRED Pt Gen 5 600 V Hyperfast rectifiers to strengthen its discrete semiconductor portfolio. VSH also unveiled three inductors designed to save board space and increase efficiency in IoT devices and portable electronics. Additionally, Vishay’s launch of 15 Hyperfast and Ultrafast rectifiers remains noteworthy. Also, the introduction of its two short-wavelength ultraviolet-emitting diodes, namely VLMU35CR40-275-120 and VLMU35CR41-275-120, in a ceramic and quartz-based package is a positive. We believe that these endeavors will continue to shape Vishay’s growth trajectory and sustain momentum in its various end markets. Zacks Rank & Stocks to Consider Currently, Vishay carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Asure Software ASUR, Agilent Technologies A and AMETEK AME. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and AMETEK carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Asure Software has lost 10.9% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 14%. Agilent Technologies has lost 7.8% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. AMETEK has lost 5.7% in the year-to-date period. The long-term earnings growth rate for AME is currently projected at 9.7%. 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Vishay Intertechnology, Inc. (VSH) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Vishay Intertechnology, Inc. VSH is leaving no stone unturned to expand its discrete offerings to bolster its presence in the booming semiconductor industry. We note that Vishay is likely to gain momentum among applications in harsh industrial environments with the latest optocoupler, as it features an operating temperature range of up to +125 °C. Moreover, it offers reliable and fast data transfers at the rate of 1.4 MHz, making it ideal for galvanically-isolated current and voltage measurement in electric vehicles, such as on-board chargers, traction inverters and DC/DC converters.

Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Asure Software ASUR, Agilent Technologies A and AMETEK AME. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and AMETEK carry a Zacks Rank #2 (Buy) at present. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Vishay Intertechnology, Inc. (VSH) : Free Stock Analysis Report To read this article on Zacks.com click here.

Vishay Intertechnology, Inc. Price and Consensus Vishay Intertechnology, Inc. price-consensus-chart | Vishay Intertechnology, Inc. Quote Key Prospects All the above-mentioned features of VCNT2025X01 make Vishay well-positioned to gain solid momentum among automotive, smart home, industrial and office applications. Zacks Rank & Stocks to Consider Currently, Vishay carries a Zacks Rank #3 (Hold). Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report AMETEK, Inc. (AME) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Vishay Intertechnology, Inc. (VSH) : Free Stock Analysis Report To read this article on Zacks.com click here.

The unveiling of the linear optocoupler VOA300 is a testament to the same. With these various use cases, the launch of VOA300 is expected to strengthen Vishay’s presence in the growing optocoupler market. Asure Software has lost 10.9% in the year-to-date period.

328.0

2022-11-28 00:00:00 UTC

Beat the Market the Zacks Way: Tenaris, Lululemon, AutoZone in Focus

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https://www.nasdaq.com/articles/beat-the-market-the-zacks-way%3A-tenaris-lululemon-autozone-in-focus

The three most widely followed indexes closed the holiday-shortened week higher in a topsy-turvy November. The Dow Jones Industrial Average, the S&P 500 and the tech-heavy Nasdaq gained 1.8%, 1.5% and 0.7%, respectively. The FOMC minutes for the Fed November meeting released in the week reaffirmed that the central bank anticipates a slower pace of interest rate hikes in the coming months. Stocks did well on the news even as the volume of trade was low because of Thanksgiving. Strong earnings numbers coming in from the retail sector also lifted investor mood. Consumer spending usually goes up during the holiday season. Coupled with the fact that the Fed would not be squeezing demand as it has been recently, investors are optimistic about a strong end to the year. However, global macroeconomic factors like the Ukraine situation and the Covid-related unrest in China remain concerns. Regardless of market conditions, we, here at Zacks, provide investors with unbiased guidance on how to beat the market. As usual, Zacks Research guided investors over the past three months with its time-tested methodologies. Given the prevailing market uncertainty, you may want to look at our feats to prepare better for your next action. Here are some of our key achievements: Tenaris, Grupo Aeroportuario del Pacífico Surge Following Zacks Rank Upgrade Shares of Tenaris S.A. TS have surged 17.3% since it was upgraded to a Zacks Rank #1 (Strong Buy) on September 13. Another stock, Grupo Aeroportuario del Pacífico PAC, was upgraded to a Zacks Rank #2 (Buy), also on September 13and has returned 8.2% since then. Zacks Rank, our short-term rating system, has earnings estimate revisions at its core. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 to Zacks Rank #5 (Strong Sell), has an impressive externally audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988.You can see the complete list of today’s Zacks Rank #1 stocks here >>> Check Tenaris’ historical EPS and Sales here>>> Check Grupo Aeroportuario del Pacifico’s historical EPS and Sales here>>> Image Source: Zacks Investment Research Zacks Recommendation Upgrade Drives International Seaways and California BanCorp Higher Shares of International Seaways, Inc. INSW and California BanCorp CALB have gained 32% and 16.4% since their Zacks Recommendation was upgraded to Outperform on September 16 and September 13, respectively. While the Zacks Rank is our short-term rating system that is most effective over the one- to three-month holding horizon, the Zacks Recommendation aims to predict performance over the next 6 to 12 months. However, just like the Zacks Rank, the foundation for the Zacks Recommendation is trends in earnings estimate revisions. The Zacks Recommendation classifies stocks into three groups — Outperform, Neutral and Underperform. While these recommendations are determined quantitatively, our analysts have the flexibility to override them for the 1100+ stocks they closely follow based on their better judgment of factors such as valuation, industry conditions and management effectiveness than the quantitative model. To access our research reports with Zacks Recommendations for the 1100+ stocks we cover, click here>>> Zacks Focus List Model Portfolio Lululemon, Agilent Surge Ahead Shares of Lululemon Athletica Inc. LULU, which belongs to the Zacks Focus List, have surged 22.7% over the past 12 weeks. The stock was added to the Focus List on December 12, 2017. Another Focus-List holding, Agilent Technologies, Inc. A, which was added to the portfolio on July 11,2017, has returned 21.7% over the past 12 weeks. The Zacks Focus List is a model portfolio of 50 hand-picked stocks that possess the right fundamental ingredients to outperform the market over the next 12 months. These 50 stocks are picked from a long list of stocks with the highest Zacks Rank. Since its inception on February 1, 1996, the Focus List portfolio has delivered an annualized return of +12.9%. Unlock all of our powerful research, tools and analysis, including the Focus List, Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. Gain full access now >> Zacks ECAP Stocks AutoZone, Tractor Supply Soar High AutoZone, Inc. AZO, a component of our Earnings Certain Admiral Portfolio (ECAP), jumped 19.4% over the past 12 weeks. Tractor Supply Company TSCO followed AutoZone with 19.1% returns. ECAP is a model portfolio of 30 concentrated, ultra-defensive, long-term Buy and Hold stocks. With little to no turnover and annual rebalance periodicity, the ECAP seeks to minimize capital loss by holding shares of companies whose earnings streams exhibit a proven 20+ year track record of surviving recessionary periods with minimal impact on aggregate earnings growth relative to the overall S&P 500. The ECAP and many other model portfolios are available as part of Zacks Advisor Tools, a cloud-based solution to access Zacks award-winning stock, mutual fund and ETF research. Click here to schedule a demo. Zacks ECDP Stocks Quest Diagnostics, Amgen Outperform Peers Quest Diagnostics Incorporated DGX, which is part of our Earnings Certain Dividend Portfolio (ECDP), has returned 18.2% over the past 12 weeks. Another ECDP stock, Amgen Inc. AMGN, has climbed 15.6% over the same time frame. Of course, the inclination of investors toward quality dividend stocks to secure an income stream amid the heightened market volatility contributed to this performance. Check Quest Diagnostics’ dividend history here>>> Check Amgen’s dividend history here>>> With an extremely low Beta and a history of minimum earnings variability over the last 20+ years, this 25-stock portfolio helps significantly mitigate risk. The ECDP has consistently outperformed the S&P 500 Dividend Aristocrats ETF NOBL. Click here to access this portfolio on Zacks Advisor Tools. 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 >> 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 Amgen Inc. (AMGN) : Free Stock Analysis Report Quest Diagnostics Incorporated (DGX) : Free Stock Analysis Report Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Tractor Supply Company (TSCO) : Free Stock Analysis Report AutoZone, Inc. (AZO) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Tenaris S.A. (TS) : Free Stock Analysis Report ProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports International Seaways Inc. (INSW) : Free Stock Analysis Report California Bank of Commerce (CALB) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The FOMC minutes for the Fed November meeting released in the week reaffirmed that the central bank anticipates a slower pace of interest rate hikes in the coming months. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Of course, the inclination of investors toward quality dividend stocks to secure an income stream amid the heightened market volatility contributed to this performance.

This stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 to Zacks Rank #5 (Strong Sell), has an impressive externally audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988.You can see the complete list of today’s Zacks Rank #1 stocks here >>> Check Tenaris’ historical EPS and Sales here>>> Check Grupo Aeroportuario del Pacifico’s historical EPS and Sales here>>> Image Source: Zacks Investment Research Zacks Recommendation Upgrade Drives International Seaways and California BanCorp Higher Shares of International Seaways, Inc. INSW and California BanCorp CALB have gained 32% and 16.4% since their Zacks Recommendation was upgraded to Outperform on September 16 and September 13, respectively. Click to get this free report Amgen Inc. (AMGN) : Free Stock Analysis Report Quest Diagnostics Incorporated (DGX) : Free Stock Analysis Report Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Tractor Supply Company (TSCO) : Free Stock Analysis Report AutoZone, Inc. (AZO) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Tenaris S.A. (TS) : Free Stock Analysis Report ProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports International Seaways Inc. (INSW) : Free Stock Analysis Report California Bank of Commerce (CALB) : Free Stock Analysis Report To read this article on Zacks.com click here.

This stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 to Zacks Rank #5 (Strong Sell), has an impressive externally audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988.You can see the complete list of today’s Zacks Rank #1 stocks here >>> Check Tenaris’ historical EPS and Sales here>>> Check Grupo Aeroportuario del Pacifico’s historical EPS and Sales here>>> To access our research reports with Zacks Recommendations for the 1100+ stocks we cover, click here>>> Zacks Focus List Model Portfolio Lululemon, Agilent Surge Ahead Shares of Lululemon Athletica Inc. LULU, which belongs to the Zacks Focus List, have surged 22.7% over the past 12 weeks. Click to get this free report Amgen Inc. (AMGN) : Free Stock Analysis Report Quest Diagnostics Incorporated (DGX) : Free Stock Analysis Report Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC) : Free Stock Analysis Report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Tractor Supply Company (TSCO) : Free Stock Analysis Report AutoZone, Inc. (AZO) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Tenaris S.A. (TS) : Free Stock Analysis Report ProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports International Seaways Inc. (INSW) : Free Stock Analysis Report California Bank of Commerce (CALB) : Free Stock Analysis Report To read this article on Zacks.com click here.

This stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 to Zacks Rank #5 (Strong Sell), has an impressive externally audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988.You can see the complete list of today’s Zacks Rank #1 stocks here >>> Check Tenaris’ historical EPS and Sales here>>> Check Grupo Aeroportuario del Pacifico’s historical EPS and Sales here>>> To access our research reports with Zacks Recommendations for the 1100+ stocks we cover, click here>>> Zacks Focus List Model Portfolio Lululemon, Agilent Surge Ahead Shares of Lululemon Athletica Inc. LULU, which belongs to the Zacks Focus List, have surged 22.7% over the past 12 weeks. The Zacks Focus List is a model portfolio of 50 hand-picked stocks that possess the right fundamental ingredients to outperform the market over the next 12 months.

329.0

2022-11-23 00:00:00 UTC

Agilent Technologies Reaches Analyst Target Price

A

https://www.nasdaq.com/articles/agilent-technologies-reaches-analyst-target-price

In recent trading, shares of Agilent Technologies, Inc. (Symbol: A) have crossed above the average analyst 12-month target price of $150.83, changing hands for $156.86/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 12 different analyst targets within the Zacks coverage universe contributing to that average for Agilent Technologies, Inc., but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $135.00. And then on the other side of the spectrum one analyst has a target as high as $170.00. The standard deviation is $10.469. But the whole reason to look at the average A price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with A crossing above that average target price of $150.83/share, investors in A have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $150.83 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Agilent Technologies, Inc.: RECENT A ANALYST RATINGS BREAKDOWN » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 9 9 9 9 Buy ratings: 0 0 0 0 Hold ratings: 3 3 3 3 Sell ratings: 0 0 0 0 Strong sell ratings: 0 0 0 0 Average rating: 1.5 1.5 1.5 1.5 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on A — FREE. The Top 25 Broker Analyst Picks of the S&P 500 » Also see: • Blue Chip Dividend Stocks Hedge Funds Are Selling • Institutional Holders of HMG • Top Ten Hedge Funds Holding RDIV The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In recent trading, shares of Agilent Technologies, Inc. (Symbol: A) have crossed above the average analyst 12-month target price of $150.83, changing hands for $156.86/share. And so with A crossing above that average target price of $150.83/share, investors in A have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $150.83 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? The Top 25 Broker Analyst Picks of the S&P 500 » Also see: • Blue Chip Dividend Stocks Hedge Funds Are Selling • Institutional Holders of HMG • Top Ten Hedge Funds Holding RDIV The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In recent trading, shares of Agilent Technologies, Inc. (Symbol: A) have crossed above the average analyst 12-month target price of $150.83, changing hands for $156.86/share. There are 12 different analyst targets within the Zacks coverage universe contributing to that average for Agilent Technologies, Inc., but the average is just that — a mathematical average. » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 9 9 9 9 Buy ratings: 0 0 0 0 Hold ratings: 3 3 3 3 Sell ratings: 0 0 0 0 Strong sell ratings: 0 0 0 0 Average rating: 1.5 1.5 1.5 1.5 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell.

When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. There are 12 different analyst targets within the Zacks coverage universe contributing to that average for Agilent Technologies, Inc., but the average is just that — a mathematical average. » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 9 9 9 9 Buy ratings: 0 0 0 0 Hold ratings: 3 3 3 3 Sell ratings: 0 0 0 0 Strong sell ratings: 0 0 0 0 Average rating: 1.5 1.5 1.5 1.5 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell.

When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 12 different analyst targets within the Zacks coverage universe contributing to that average for Agilent Technologies, Inc., but the average is just that — a mathematical average.

330.0

2022-11-22 00:00:00 UTC

Noteworthy Tuesday Option Activity: A, XOM, GNRC

A

https://www.nasdaq.com/articles/noteworthy-tuesday-option-activity%3A-a-xom-gnrc

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Agilent Technologies, Inc. (Symbol: A), where a total of 5,952 contracts have traded so far, representing approximately 595,200 underlying shares. That amounts to about 46.4% of A's average daily trading volume over the past month of 1.3 million shares. Especially high volume was seen for the $150 strike put option expiring December 16, 2022, with 807 contracts trading so far today, representing approximately 80,700 underlying shares of A. Below is a chart showing A's trailing twelve month trading history, with the $150 strike highlighted in orange: Exxon Mobil Corp (Symbol: XOM) options are showing a volume of 86,458 contracts thus far today. That number of contracts represents approximately 8.6 million underlying shares, working out to a sizeable 45.9% of XOM's average daily trading volume over the past month, of 18.8 million shares. Particularly high volume was seen for the $105 strike put option expiring January 20, 2023, with 3,657 contracts trading so far today, representing approximately 365,700 underlying shares of XOM. Below is a chart showing XOM's trailing twelve month trading history, with the $105 strike highlighted in orange: And Generac Holdings Inc (Symbol: GNRC) saw options trading volume of 10,173 contracts, representing approximately 1.0 million underlying shares or approximately 44.6% of GNRC's average daily trading volume over the past month, of 2.3 million shares. Particularly high volume was seen for the $185 strike call option expiring December 09, 2022, with 911 contracts trading so far today, representing approximately 91,100 underlying shares of GNRC. Below is a chart showing GNRC's trailing twelve month trading history, with the $185 strike highlighted in orange: For the various different available expirations for A options, XOM options, or GNRC options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also see: • Contrarian Outlook • PBNC Historical Stock Prices • Institutional Holders of APG The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Especially high volume was seen for the $150 strike put option expiring December 16, 2022, with 807 contracts trading so far today, representing approximately 80,700 underlying shares of A. Particularly high volume was seen for the $105 strike put option expiring January 20, 2023, with 3,657 contracts trading so far today, representing approximately 365,700 underlying shares of XOM. Particularly high volume was seen for the $185 strike call option expiring December 09, 2022, with 911 contracts trading so far today, representing approximately 91,100 underlying shares of GNRC.

Below is a chart showing A's trailing twelve month trading history, with the $150 strike highlighted in orange: Exxon Mobil Corp (Symbol: XOM) options are showing a volume of 86,458 contracts thus far today. Below is a chart showing XOM's trailing twelve month trading history, with the $105 strike highlighted in orange: And Generac Holdings Inc (Symbol: GNRC) saw options trading volume of 10,173 contracts, representing approximately 1.0 million underlying shares or approximately 44.6% of GNRC's average daily trading volume over the past month, of 2.3 million shares. Particularly high volume was seen for the $185 strike call option expiring December 09, 2022, with 911 contracts trading so far today, representing approximately 91,100 underlying shares of GNRC.

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Agilent Technologies, Inc. (Symbol: A), where a total of 5,952 contracts have traded so far, representing approximately 595,200 underlying shares. Particularly high volume was seen for the $105 strike put option expiring January 20, 2023, with 3,657 contracts trading so far today, representing approximately 365,700 underlying shares of XOM. Below is a chart showing XOM's trailing twelve month trading history, with the $105 strike highlighted in orange: And Generac Holdings Inc (Symbol: GNRC) saw options trading volume of 10,173 contracts, representing approximately 1.0 million underlying shares or approximately 44.6% of GNRC's average daily trading volume over the past month, of 2.3 million shares.

Below is a chart showing XOM's trailing twelve month trading history, with the $105 strike highlighted in orange: And Generac Holdings Inc (Symbol: GNRC) saw options trading volume of 10,173 contracts, representing approximately 1.0 million underlying shares or approximately 44.6% of GNRC's average daily trading volume over the past month, of 2.3 million shares. Particularly high volume was seen for the $185 strike call option expiring December 09, 2022, with 911 contracts trading so far today, representing approximately 91,100 underlying shares of GNRC. Below is a chart showing GNRC's trailing twelve month trading history, with the $185 strike highlighted in orange: For the various different available expirations for A options, XOM options, or GNRC options, visit StockOptionsChannel.com.

331.0

2022-11-22 00:00:00 UTC

US STOCKS-Retailer, energy boost helps Wall Street rally

A

https://www.nasdaq.com/articles/us-stocks-retailer-energy-boost-helps-wall-street-rally

By Chuck Mikolajczak NEW YORK, Nov 22 (Reuters) - U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares. Best Buy Co Inc BBY.N shot up as the best performing stock on the S&P 500 .SPX index, after the retailer forecast a smaller drop in annual sales than previously announced and expressed confidence a ramp up in deals and discounts will entice more customers. The gains in Best Buy helped boost the S&P 500 retail .SPXRT index. In contrast, Dollar Tree Inc DLTR.O tumbled as the worst performing S&P 500 component, which also capped gains for the retail index as the discount retailer cut its annual profit forecast for the second time. "If you take the continuum of income and consumers out there, the upper half of that is relatively inelastic to some costs going up to some extent or another where the bottom half is going to be more sensitive," said Shawn Cruz, head trading strategist at TD Ameritrade in Chicago. "So the Dollar Trees of the world really don’t have much ability to pass through those costs so they are going to get hit pretty bad." According to preliminary data, the S&P 500 .SPX gained 53.72 points, or 1.36%, to end at 4,003.66 points, while the Nasdaq Composite .IXIC gained 149.83 points, or 1.36%, to 11,174.34. The Dow Jones Industrial Average .DJI rose 395.94 points, or 1.18%, to 34,096.22. Also providing support was the energy sector, which climbed after two sessions of declines as Saudi Arabia said OPEC+ was sticking with outputs cuts, shooting down a report on Monday that said the alliance was considering increasing output which sent crude prices sharply lower. As investors continue to try and gauge the path of Federal Reserve rate hikes, Cleveland Fed President Loretta Mester reiterated on Tuesday that lowering inflation remains critical for the central bank, a day after supporting a smaller rate hike in December. Kansas City President Esther George said a "calmer" labor market that sees less churn could lower inflationary pressures. Investors were also awaiting remarks by St. Louis Fed Reserve President James Bullard on Tuesday ahead of the minutes from the Fed's November meeting scheduled for Wednesday. Volume was light this week and likely to dwindle heading into the Thanksgiving holiday on Thursday, with the U.S. stock market open for a half-session on Friday. Dow component Walgreens Boots Alliance Inc WBA.O rose after Cowen & Co upgraded the drug distributor stock, citing its healthcare services business push. Manchester United MANU.N shares jumped late in the session after Sky News reported the Glazer family, which owns the football club, was exploring financial options that could include an outright sale. Declines in the dollar=USD and U.S. Treasury yields also helped support risk appetite. (Reporting by Chuck Mikolajczak; editing by Grant McCool) ((charles.mikolajczak@tr.com; @ChuckMik;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

By Chuck Mikolajczak NEW YORK, Nov 22 (Reuters) - U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares. Best Buy Co Inc BBY.N shot up as the best performing stock on the S&P 500 .SPX index, after the retailer forecast a smaller drop in annual sales than previously announced and expressed confidence a ramp up in deals and discounts will entice more customers. Manchester United MANU.N shares jumped late in the session after Sky News reported the Glazer family, which owns the football club, was exploring financial options that could include an outright sale.

By Chuck Mikolajczak NEW YORK, Nov 22 (Reuters) - U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares. In contrast, Dollar Tree Inc DLTR.O tumbled as the worst performing S&P 500 component, which also capped gains for the retail index as the discount retailer cut its annual profit forecast for the second time. As investors continue to try and gauge the path of Federal Reserve rate hikes, Cleveland Fed President Loretta Mester reiterated on Tuesday that lowering inflation remains critical for the central bank, a day after supporting a smaller rate hike in December.

By Chuck Mikolajczak NEW YORK, Nov 22 (Reuters) - U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares. In contrast, Dollar Tree Inc DLTR.O tumbled as the worst performing S&P 500 component, which also capped gains for the retail index as the discount retailer cut its annual profit forecast for the second time. As investors continue to try and gauge the path of Federal Reserve rate hikes, Cleveland Fed President Loretta Mester reiterated on Tuesday that lowering inflation remains critical for the central bank, a day after supporting a smaller rate hike in December.

The gains in Best Buy helped boost the S&P 500 retail .SPXRT index. In contrast, Dollar Tree Inc DLTR.O tumbled as the worst performing S&P 500 component, which also capped gains for the retail index as the discount retailer cut its annual profit forecast for the second time. The Dow Jones Industrial Average .DJI rose 395.94 points, or 1.18%, to 34,096.22.

332.0

2022-11-22 00:00:00 UTC

US STOCKS-Wall St climbs on retail, energy lift

A

https://www.nasdaq.com/articles/us-stocks-wall-st-climbs-on-retail-energy-lift

By Chuck Mikolajczak NEW YORK, Nov 22 (Reuters) - U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares. Best Buy Co Inc BBY.N jumped 10.28% as the best performer on the S&P 500 .SPX index, after the retailer forecast a smaller drop in annual sales than previously announced and expressed confidence a ramp up in deals and discounts will entice more customers. The gains in Best Buy helped boost the S&P 500 retail .SPXRT index 0.81%. However, Dollar Tree Inc DLTR.O tumbled 8.59% and capped gains for the retail index as the discount retailer cut its annual profit forecast for the second time. "If you take the continuum of income and consumers out there, the upper half of that is relatively inelastic to some costs going up to some extent or another where the bottom half is going to be more sensitive," said Shawn Cruz, head trading strategist at TD Ameritrade in Chicago. "So the Dollar Tree's of the world really don’t have much ability to pass through those costs so they are going to get hit pretty bad." The Dow Jones Industrial Average .DJI rose 323.64 points, or 0.96%, to 34,023.92, the S&P 500 .SPX gained 39.58 points, or 1.00%, to 3,989.52 and the Nasdaq Composite .IXIC added 86.30 points, or 0.78%, to 11,110.81. Also providing support was the energy sector, which jumped 3.04% after two sessions of declines as Saudi Arabia said OPEC+ was sticking with outputs cuts, shooting down a report on Monday that said the alliance was considering increasing output which sent crude prices sharply lower. Volume was light this week and likely to dwindle heading into the Thanksgiving holiday on Thursday, with the U.S. stock market open for a half-session on Friday. Dow component .DJI Walgreens Boots Alliance Inc WBA.O rose 2.36% after Cowen & Co upgraded the drug distributor stock, citing its healthcare services business push. Cleveland Fed President Loretta Mester reiterated that lowering inflation remains critical for the central bank, a day after supporting a smaller rate hike in December. Investors will keep a watch on remarks by St. Louis Fed Reserve President James Bullard and Kansas City President Esther George later on Tuesday, with minutes from the Fed's November meeting scheduled for Wednesday. Declines in the dollar=USD and the U.S. Treasury yields aklsalsoped support risk appetite. Agilent Technologies Inc A.N jumped 7.29% after the application-focused solutions company posted upbeat fourth-quarter revenue. Advancing issues outnumbered declining ones on the NYSE by a 2.86-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers. The S&P 500 posted 20 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 75 new highs and 190 new lows. (Reporting by Chuck Mikolajczak; editing by Grant McCool) ((charles.mikolajczak@tr.com; @ChuckMik;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

By Chuck Mikolajczak NEW YORK, Nov 22 (Reuters) - U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares. Best Buy Co Inc BBY.N jumped 10.28% as the best performer on the S&P 500 .SPX index, after the retailer forecast a smaller drop in annual sales than previously announced and expressed confidence a ramp up in deals and discounts will entice more customers. Cleveland Fed President Loretta Mester reiterated that lowering inflation remains critical for the central bank, a day after supporting a smaller rate hike in December.

By Chuck Mikolajczak NEW YORK, Nov 22 (Reuters) - U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares. Best Buy Co Inc BBY.N jumped 10.28% as the best performer on the S&P 500 .SPX index, after the retailer forecast a smaller drop in annual sales than previously announced and expressed confidence a ramp up in deals and discounts will entice more customers. However, Dollar Tree Inc DLTR.O tumbled 8.59% and capped gains for the retail index as the discount retailer cut its annual profit forecast for the second time.

By Chuck Mikolajczak NEW YORK, Nov 22 (Reuters) - U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares. However, Dollar Tree Inc DLTR.O tumbled 8.59% and capped gains for the retail index as the discount retailer cut its annual profit forecast for the second time. Also providing support was the energy sector, which jumped 3.04% after two sessions of declines as Saudi Arabia said OPEC+ was sticking with outputs cuts, shooting down a report on Monday that said the alliance was considering increasing output which sent crude prices sharply lower.

By Chuck Mikolajczak NEW YORK, Nov 22 (Reuters) - U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares. The gains in Best Buy helped boost the S&P 500 retail .SPXRT index 0.81%. However, Dollar Tree Inc DLTR.O tumbled 8.59% and capped gains for the retail index as the discount retailer cut its annual profit forecast for the second time.

333.0

2022-11-22 00:00:00 UTC

S&P 500 Movers: DLTR, BBY

A

https://www.nasdaq.com/articles/sp-500-movers%3A-dltr-bby

In early trading on Tuesday, shares of Best Buy topped the list of the day's best performing components of the S&P 500 index, trading up 9.1%. Year to date, Best Buy has lost about 23.9% of its value. And the worst performing S&P 500 component thus far on the day is Dollar Tree, trading down 8.1%. Dollar Tree is showing a gain of 8.1% looking at the year to date performance. Two other components making moves today are Medtronic, trading down 6.1%, and Agilent Technologies, trading up 6.6% on the day. VIDEO: S&P 500 Movers: DLTR, BBY The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

And the worst performing S&P 500 component thus far on the day is Dollar Tree, trading down 8.1%. Dollar Tree is showing a gain of 8.1% looking at the year to date performance. VIDEO: S&P 500 Movers: DLTR, BBY The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In early trading on Tuesday, shares of Best Buy topped the list of the day's best performing components of the S&P 500 index, trading up 9.1%. And the worst performing S&P 500 component thus far on the day is Dollar Tree, trading down 8.1%. Dollar Tree is showing a gain of 8.1% looking at the year to date performance.

In early trading on Tuesday, shares of Best Buy topped the list of the day's best performing components of the S&P 500 index, trading up 9.1%. And the worst performing S&P 500 component thus far on the day is Dollar Tree, trading down 8.1%. Two other components making moves today are Medtronic, trading down 6.1%, and Agilent Technologies, trading up 6.6% on the day.

And the worst performing S&P 500 component thus far on the day is Dollar Tree, trading down 8.1%. Dollar Tree is showing a gain of 8.1% looking at the year to date performance. VIDEO: S&P 500 Movers: DLTR, BBY The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

334.0

2022-11-22 00:00:00 UTC

Agilent (A) Q4 Earnings Surpass Estimates, Revenues Rise Y/Y

A

https://www.nasdaq.com/articles/agilent-a-q4-earnings-surpass-estimates-revenues-rise-y-y

Agilent Technologies A reported fourth-quarter fiscal 2022 earnings of $1.53 per share, beating the Zacks Consensus Estimate by 10.1%. The bottom line increased 26.4% from the year-ago fiscal quarter’s level and 14.2% sequentially. Revenues of $1.85 billion surpassed the Zacks Consensus Estimate by 4.5%. The top line was up 11% on a reported basis and 17% on a core basis from the respective year-ago fiscal quarter’s levels. Revenues increased 7.6% from the prior fiscal quarter’s figure. Top-line growth was driven by continued strong progress in the pharma and applied markets. Also, robust demand across all end markets in China remained a positive. Agilent Technologies, Inc. Price, Consensus and EPS Surprise Agilent Technologies, Inc. price-consensus-eps-surprise-chart | Agilent Technologies, Inc. Quote Segmental Top-Line Details Agilent has three reporting segments, namely Life Sciences & Applied Markets Group (LSAG), Agilent Cross Lab Group (ACG), and Diagnostics and Genomics Group (DGG). LSAG: The segment accounted for $1.12 billion or 60% of its total revenues, up 16% on a reported basis and 22% on a core basis from the respective prior-year fiscal quarter’s levels. This was driven by a positive environment across the Pharma, Chemical & Advanced Materials, Food, and Environmental & Forensics markets. Growth in LC, LC-MS, GC and GC-MS instruments also aided results. ACG: Revenues from the segment were $381 million, accounting for 21% of total revenues. Also, the top line improved 7% from the prior-year fiscal quarter’s reading on a reported basis and 14% on a core basis, driven by an increased service agreement attach rate. DGG: Revenues increased 3% from the prior-year fiscal quarter’s tally on a reported basis and 8% on a core basis to $352 million, accounting for the remaining 19% of total revenues. Segmental growth was attributed to strength in the NASD and Genomics portfolio. Operating Results For the fiscal fourth quarter, gross margin in the LSAG segment expanded 70 basis points (bps) to 60.6% from the prior-year fiscal quarter’s number. ACG gross margin expanded 30 bps to 47%. DGG’s gross margin contracted 150 bps from the year-ago fiscal quarter’s actuals to 51%. Research & development (R&D) costs were $119 million, up 2.6% from the prior-year fiscal quarter’s number. Selling, general & administrative (S,G&A) expenses were $422 million, up 8.5% from the year-earlier fiscal quarter’s figure. As a percentage of revenues, R&D and S,G&A expenses contracted 55 bps and 61 bps each to 6.4% and 22.8%, respectively, from the comparable year-ago fiscal quarter’s readings. Operating margin for the fiscal fourth quarter was 29.1%, up 260 bps from the year-earlier fiscal quarter’s figure. Segmentwise, the operating margin for LSAG was up 400 bps from the year-earlier fiscal quarter’s level to 32.7%. ACG’s operating margin was 27.4%, up 110 bps from the year-ago fiscal quarter’s level. DGG segment’s operating margin contracted 130 bps to 19.5% from the year-ago fiscal quarter’s tally. Balance Sheet As of Oct 31, 2022, Agilent’s cash and cash equivalents were $1.05 billion, down from $1.07 billion on Jul 31, 2022. Accounts receivables were $1.41 billion at the end of fourth-quarter fiscal 2022, up from $1.35 billion at the end of third-quarter fiscal 2022. Long-term debt was $2.733 billion for the reported quarter, up from $2.732 billion in the prior fiscal quarter. Outlook For the fiscal first quarter, management expects revenues of $1.68-$1.70 billion, suggesting growth between 6.8% and 8% on a core basis from the year-ago fiscal quarter’s actuals. The Zacks Consensus Estimate for revenues stands at $1.76 billion. Non-GAAP earnings per share are expected to be $1.29-$1.31. The Zacks Consensus Estimate for earnings is pegged at $1.34 per share. For fiscal 2023, management anticipates revenues in the band of $6.90-$7 billion, implying growth of 0.8-2.2% on a reported basis and 5-6.5% on a core basis from the respective fiscal 2022 tallies. The Zacks Consensus Estimate for full-fiscal revenues is pegged at $7.19 billion. Management expects guidance for fiscal 2023 non-GAAP earnings per share of $5.61-$5.69. The Zacks Consensus Estimate for earnings is pegged at $5.48 per share. Zacks Rank & Other Stocks to Consider Currently, Agilent carries a Zacks Rank #2 (Buy). Investors interested in the broader Zacks Computer & Technology sector can also consider some other top-ranked stocks like Arista Networks ANET, Airbnb ABNB and Asure Software ASUR. While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Airbnb carries a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 6.4% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 17.5%. Airbnb has lost 42.5% in the year-to-date period. ABNB’s long-term earnings growth rate is currently projected at 20.7%. Asure Software has lost 8.7% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 23%. 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 >> 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 Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Agilent Technologies A reported fourth-quarter fiscal 2022 earnings of $1.53 per share, beating the Zacks Consensus Estimate by 10.1%. This was driven by a positive environment across the Pharma, Chemical & Advanced Materials, Food, and Environmental & Forensics markets. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Agilent Technologies, Inc. Price, Consensus and EPS Surprise Agilent Technologies, Inc. price-consensus-eps-surprise-chart | Agilent Technologies, Inc. Quote Segmental Top-Line Details Agilent has three reporting segments, namely Life Sciences & Applied Markets Group (LSAG), Agilent Cross Lab Group (ACG), and Diagnostics and Genomics Group (DGG). Operating Results For the fiscal fourth quarter, gross margin in the LSAG segment expanded 70 basis points (bps) to 60.6% from the prior-year fiscal quarter’s number. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here.

Operating Results For the fiscal fourth quarter, gross margin in the LSAG segment expanded 70 basis points (bps) to 60.6% from the prior-year fiscal quarter’s number. Outlook For the fiscal first quarter, management expects revenues of $1.68-$1.70 billion, suggesting growth between 6.8% and 8% on a core basis from the year-ago fiscal quarter’s actuals. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Asure Software Inc (ASUR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Airbnb, Inc. (ABNB) : Free Stock Analysis Report To read this article on Zacks.com click here.

Agilent Technologies, Inc. Price, Consensus and EPS Surprise Agilent Technologies, Inc. price-consensus-eps-surprise-chart | Agilent Technologies, Inc. Quote Segmental Top-Line Details Agilent has three reporting segments, namely Life Sciences & Applied Markets Group (LSAG), Agilent Cross Lab Group (ACG), and Diagnostics and Genomics Group (DGG). Operating Results For the fiscal fourth quarter, gross margin in the LSAG segment expanded 70 basis points (bps) to 60.6% from the prior-year fiscal quarter’s number. Outlook For the fiscal first quarter, management expects revenues of $1.68-$1.70 billion, suggesting growth between 6.8% and 8% on a core basis from the year-ago fiscal quarter’s actuals.

335.0

2022-11-22 00:00:00 UTC

Agilent Technologies Gains On Q4 Revenue Growth

A

https://www.nasdaq.com/articles/agilent-technologies-gains-on-q4-revenue-growth

(RTTNews) - Agilent Technologies, Inc. (A) shares are gaining on Tuesday morning trade after the company reported higher fourth-quarter revenues compared to the prior year. The provider of diagnostics and research services quarterly revenue of $1.85 billion, higher than $1.66 billion in the previous year. Looking ahead to the full year 2023, the company's outlook is in the range of $6.90 to $7.00 billion, representing reported growth of 0.8 2.2 percent growth and core growth of 5 to 6.5 percent. For the first-quarter revenue, guidance is in the range of $1.68 to $1.70 billion, representing reported growth of 0.4 to 1.6 percent. Currently, shares are at $155.63, up 7.23 percent from the previous close of $145.14 on a volume of 755,824. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

(RTTNews) - Agilent Technologies, Inc. (A) shares are gaining on Tuesday morning trade after the company reported higher fourth-quarter revenues compared to the prior year. For the first-quarter revenue, guidance is in the range of $1.68 to $1.70 billion, representing reported growth of 0.4 to 1.6 percent. Currently, shares are at $155.63, up 7.23 percent from the previous close of $145.14 on a volume of 755,824.

The provider of diagnostics and research services quarterly revenue of $1.85 billion, higher than $1.66 billion in the previous year. Looking ahead to the full year 2023, the company's outlook is in the range of $6.90 to $7.00 billion, representing reported growth of 0.8 2.2 percent growth and core growth of 5 to 6.5 percent. For the first-quarter revenue, guidance is in the range of $1.68 to $1.70 billion, representing reported growth of 0.4 to 1.6 percent.

Looking ahead to the full year 2023, the company's outlook is in the range of $6.90 to $7.00 billion, representing reported growth of 0.8 2.2 percent growth and core growth of 5 to 6.5 percent. For the first-quarter revenue, guidance is in the range of $1.68 to $1.70 billion, representing reported growth of 0.4 to 1.6 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

(RTTNews) - Agilent Technologies, Inc. (A) shares are gaining on Tuesday morning trade after the company reported higher fourth-quarter revenues compared to the prior year. The provider of diagnostics and research services quarterly revenue of $1.85 billion, higher than $1.66 billion in the previous year. Looking ahead to the full year 2023, the company's outlook is in the range of $6.90 to $7.00 billion, representing reported growth of 0.8 2.2 percent growth and core growth of 5 to 6.5 percent.

336.0

2022-11-22 00:00:00 UTC

US STOCKS-Wall St gains as Best Buy calms fears of dull holiday season

A

https://www.nasdaq.com/articles/us-stocks-wall-st-gains-as-best-buy-calms-fears-of-dull-holiday-season

By Ankika Biswas and Shreyashi Sanyal Nov 22 (Reuters) - Wall Street's main indexes rose on Tuesday as a better-than-feared sales forecast by Best Buy eased worries of a dull holiday season for retailers anxious about consumers turning thrifty due to inflation. Best Buy Co Inc BBY.N jumped 12.4%, leading gains on S&P 500 .SPX index, after forecasting a smaller drop in annual sales than previously estimated, confident that a ramp up in deals and discounts will lure more customers. "People are hopeful that consumers can still squeeze out a strong holiday season despite the headwinds they're facing," said Brandon Pizzurro, director of public investments at GuideStone Capital Management. "It would be an upside surprise if consumers really brought their full wallet to the table this year, probably what's driving Best Buy movement today." Gains in Best Buy boosted the S&P 500 retail .SPXRT sector index, but a 9.4% fall in Dollar Tree Inc DLTR.O capped the upside as the discount retailer lowered its annual profit forecast for the second time. Dow component .DJI Walgreens Boots Alliance Inc WBA.O rose 1.7% after Cowen & Co upgraded the drug distributor stock, citing its healthcare services business push. Meanwhile, markets were cautious as China strengthened its fight against COVID-19 with Beijing shutting parks, malls and museums, while other cities resumed mass testing. U.S.-listed shares of Chinese companies including Pinduoduo Inc PDD.O, Bilibili Inc BILI.O and JD.com Inc JD.O slipped about 2% each. There was also relief in risk markets, thanks to a drop in the dollar =USD and the yield on the 10-year Treasury note US10YT=RR. FRX/US/ At 12:17 p.m. ET, the Dow Jones Industrial Average .DJI was up 283.50 points, or 0.84%, at 33,983.78, the S&P 500 was up 33.20 points, or 0.84%, at 3,983.14, and the Nasdaq Composite .IXIC was up 69.18 points, or 0.63%, at 11,093.69. Energy .SPNY led gains among the 11 major S&P 500 sector indexes, up 3.0%, as oil prices rose after top exporter Saudi Arabia said OPEC+ stuck with output cuts. O/R Tesla Inc TSLA.O shares attempted to recoup some declines, rising 0.8%, after falling 6.8% in the previous session. Agilent Technologies Inc A.N jumped 6.7% after the application-focused solutions company posted upbeat fourth-quarter revenue. Investors will keep a watch on remarks by St. Louis Fed Reserve President James Bullard and Kansas City President Esther George, ahead of minutes from the Fed's November meeting on Wednesday. Cleveland President Loretta Mester reiterated the Fed's stance that getting inflation down remains critical for the central bank, a day after supporting a smaller rate hike in December. Analysts expect thin trading volumes as markets will be shut on Thursday for Thanksgiving holiday and stay open for half day on Friday. Advancing issues outnumbered decliners by a 2.87-to-1 ratio on the NYSE and by a 1.23-to-1 ratio on the Nasdaq. The S&P index recorded 20 new 52-week highs and three new lows, while the Nasdaq recorded 65 new highs and 166 new lows. (Reporting by Ankika Biswas and Shreyashi Sanyal in Bengaluru; Additional reporting by Medha Singh and Shubham Batra; Editing by Arun Koyyur) ((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780; +91 961 144 3740; Twitter: https://twitter.com/s_shreyashi;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

By Ankika Biswas and Shreyashi Sanyal Nov 22 (Reuters) - Wall Street's main indexes rose on Tuesday as a better-than-feared sales forecast by Best Buy eased worries of a dull holiday season for retailers anxious about consumers turning thrifty due to inflation. Best Buy Co Inc BBY.N jumped 12.4%, leading gains on S&P 500 .SPX index, after forecasting a smaller drop in annual sales than previously estimated, confident that a ramp up in deals and discounts will lure more customers. Cleveland President Loretta Mester reiterated the Fed's stance that getting inflation down remains critical for the central bank, a day after supporting a smaller rate hike in December.

Best Buy Co Inc BBY.N jumped 12.4%, leading gains on S&P 500 .SPX index, after forecasting a smaller drop in annual sales than previously estimated, confident that a ramp up in deals and discounts will lure more customers. The S&P index recorded 20 new 52-week highs and three new lows, while the Nasdaq recorded 65 new highs and 166 new lows. (Reporting by Ankika Biswas and Shreyashi Sanyal in Bengaluru; Additional reporting by Medha Singh and Shubham Batra; Editing by Arun Koyyur) ((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780; +91 961 144 3740; Twitter: https://twitter.com/s_shreyashi;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

By Ankika Biswas and Shreyashi Sanyal Nov 22 (Reuters) - Wall Street's main indexes rose on Tuesday as a better-than-feared sales forecast by Best Buy eased worries of a dull holiday season for retailers anxious about consumers turning thrifty due to inflation. Best Buy Co Inc BBY.N jumped 12.4%, leading gains on S&P 500 .SPX index, after forecasting a smaller drop in annual sales than previously estimated, confident that a ramp up in deals and discounts will lure more customers. Gains in Best Buy boosted the S&P 500 retail .SPXRT sector index, but a 9.4% fall in Dollar Tree Inc DLTR.O capped the upside as the discount retailer lowered its annual profit forecast for the second time.

By Ankika Biswas and Shreyashi Sanyal Nov 22 (Reuters) - Wall Street's main indexes rose on Tuesday as a better-than-feared sales forecast by Best Buy eased worries of a dull holiday season for retailers anxious about consumers turning thrifty due to inflation. "People are hopeful that consumers can still squeeze out a strong holiday season despite the headwinds they're facing," said Brandon Pizzurro, director of public investments at GuideStone Capital Management. Gains in Best Buy boosted the S&P 500 retail .SPXRT sector index, but a 9.4% fall in Dollar Tree Inc DLTR.O capped the upside as the discount retailer lowered its annual profit forecast for the second time.

337.0

2022-11-21 00:00:00 UTC

Agilent Technologies Q4 Profit Decreases, but beats estimates

A

https://www.nasdaq.com/articles/agilent-technologies-q4-profit-decreases-but-beats-estimates

(RTTNews) - Agilent Technologies (A) revealed a profit for fourth quarter that decreased from the same period last year but beat the Street estimates. The company's bottom line totaled $368 million, or $1.23 per share. This compares with $442 million, or $1.45 per share, in last year's fourth quarter. Excluding items, Agilent Technologies reported adjusted earnings of $456 million or $1.53 per share for the period. Analysts on average had expected the company to earn $1.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 11.4% to $1.85 billion from $1.66 billion last year. Agilent Technologies earnings at a glance (GAAP) : -Earnings (Q4): $368 Mln. vs. $442 Mln. last year. -EPS (Q4): $1.23 vs. $1.45 last year. -Analyst Estimates: $1.39 -Revenue (Q4): $1.85 Bln vs. $1.66 Bln last year. -Guidance: Next quarter EPS guidance: $1.29-$1.31 Next quarter revenue guidance: $1.68-$1.70 bln The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

(RTTNews) - Agilent Technologies (A) revealed a profit for fourth quarter that decreased from the same period last year but beat the Street estimates. Excluding items, Agilent Technologies reported adjusted earnings of $456 million or $1.53 per share for the period. Analysts on average had expected the company to earn $1.39 per share, according to figures compiled by Thomson Reuters.

Excluding items, Agilent Technologies reported adjusted earnings of $456 million or $1.53 per share for the period. -Analyst Estimates: $1.39 -Revenue (Q4): $1.85 Bln vs. $1.66 Bln last year. -Guidance: Next quarter EPS guidance: $1.29-$1.31 Next quarter revenue guidance: $1.68-$1.70 bln The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

(RTTNews) - Agilent Technologies (A) revealed a profit for fourth quarter that decreased from the same period last year but beat the Street estimates. This compares with $442 million, or $1.45 per share, in last year's fourth quarter. Excluding items, Agilent Technologies reported adjusted earnings of $456 million or $1.53 per share for the period.

Excluding items, Agilent Technologies reported adjusted earnings of $456 million or $1.53 per share for the period. last year. -Analyst Estimates: $1.39 -Revenue (Q4): $1.85 Bln vs. $1.66 Bln last year.

338.0

2022-11-21 00:00:00 UTC

Pre Markets in Red to Kick Off Thanksgiving Week

A

https://www.nasdaq.com/articles/pre-markets-in-red-to-kick-off-thanksgiving-week

U.S. stock futures are trading in negative territory while Americans are gearing up to celebrate Thanksgiving Day this Thursday. This will start the holiday season for 2022, which has so far remained terrible for Wall Street. The initial enthusiasm after the release of October’s Consumer Price Index (CPI) and Producer Price Index (PPI) evaporated last week. Market participants’ expectations that the Fed may relax its stringent monetary policies as the peak inflation seems behind us, have been rejected by several important voting members of the central bank. St. Louis Fed President James Bullard said that the central bank needs to keep raising rates because according to him policy tightening has so far had only limited effects on observed inflation. The target policy needs to rise to at least 5.00% to 5.25% from the current level of just below 4.00% to be sufficiently restrictive. However, not all the Fed members are in favor of tighter monetary control. Several members have expressed opposite views too. The Fed will release its November FOMC meeting minutes this week, enabling investors to get a better idea of what the central bank is thinking about the interest rate trajectory. Market participants will closely monitor this holiday season sales under elevated inflation to gauge the health of the U.S. economy. We are yet to receive any signal from the Fed that it would lessen its tighter monetary control anytime soon. At the same time, we are yet to receive any genuine information that the economy may enter into a recession early next year. Meanwhile, China is yet to recover fully from COVID-19 infections. Recently, three people died of coronavirus, which forced China’s authority to impose lockdown in a few cities again. Last week, it was rumored that China will reopen soon. Moreover, the People’s Bank of China has kept its one-year prime lending rate steady at 3.65%. The five-year rate also remained static at 4.3%. Going against today’s pre-market trend, shares of The Walt Disney Co. DIS jumped nearly 9% following the news that Bob Iger will once again become the CEO of the company replacing the incumbent Bob Chapek. Iger, who served Disney for more than two decades including 15 years as CEO, will get a term of just two years this time. On the earnings front, desktop PC and notebook developer Dell Technologies Inc. DELL, resting equipment manufacturer Agilent Technologies Inc. A and The J. M. Smucker Co. SJM, a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America, will report their quarterly financial numbers after today’s closing bell. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They’re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! 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 Dell Technologies Inc. (DELL): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report The Walt Disney Company (DIS): Free Stock Analysis Report The J. M. Smucker Company (SJM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research 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 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Market participants’ expectations that the Fed may relax its stringent monetary policies as the peak inflation seems behind us, have been rejected by several important voting members of the central bank. The Fed will release its November FOMC meeting minutes this week, enabling investors to get a better idea of what the central bank is thinking about the interest rate trajectory. On the earnings front, desktop PC and notebook developer Dell Technologies Inc. DELL, resting equipment manufacturer Agilent Technologies Inc. A and The J. M. Smucker Co. SJM, a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America, will report their quarterly financial numbers after today’s closing bell.

On the earnings front, desktop PC and notebook developer Dell Technologies Inc. DELL, resting equipment manufacturer Agilent Technologies Inc. A and The J. M. Smucker Co. SJM, a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America, will report their quarterly financial numbers after today’s closing bell. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.

On the earnings front, desktop PC and notebook developer Dell Technologies Inc. DELL, resting equipment manufacturer Agilent Technologies Inc. A and The J. M. Smucker Co. SJM, a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America, will report their quarterly financial numbers after today’s closing bell. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.

Moreover, the People’s Bank of China has kept its one-year prime lending rate steady at 3.65%. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it?

339.0

2022-11-21 00:00:00 UTC

The Zacks Analyst Blog Highlights Agilent Technologies, KeyCorp, Griffon, Group 1 Automotive and Suncor Energy

A

https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights-agilent-technologies-keycorp-griffon-group-1-automotive

For Immediate Release Chicago, IL – November 21, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Agilent Technologies Inc. A, KeyCorp KEY, Griffon Corp. GFF, Group 1 Automotive Inc. GPI and Suncor Energy Inc. SU. Here are highlights from Friday’s Analyst Blog: 5 Stocks with Recent Dividend Hikes for a Stable Portfolio U.S. stock markets have been witnessing an impressive rally since the beginning of October. Recently released several data have clearly shown that inflation is dwindling, albeit at a slow pace. A large section of market participants believes that as peak inflation is likely behind us, the Fed will relax its tighter monetary control. However, we are not out of the woods as inflation remains elevated. On Nov 17, St. Louis Fed President James Bullard said that the Fed needs to keep raising rates because policy tightening has so far had only limited effects on observed inflation. The target policy needs to rise to at least 5.00% to 5.25% from the current level of just below 4.00% to be sufficiently restrictive. Bullard's comment is being perceived as a pushback from the Fed's recent stance of trying to reassure the markets that it would slacken its stringent policy measures to avoid a hard-landing of the economy. Investors are concerned that a higher interest rate will lead to a recession in 2023. Stocks in Focus At this stage, dividend-paying stocks should be in demand as investors will try to safeguard their portfolio. We believe that one should consider stocks that have recently raised their dividend payments. Five such companies are Agilent Technologies Inc., KeyCorp, Griffon Corp., Group 1 Automotive Inc. and Suncor Energy Inc.. Agilent is benefiting from continued strong growth in the pharmaceutical market. Solid momentum across the Life Sciences & Applied Markets Group (LSAG) and the Agilent Cross Lab Group (ACG) segments is contributing well to top-line growth. We expect LSAG and ACG revenues to grow respectively 7.2% and 8.2% year over year in fiscal 2022. Growth in Liquid Chromatography and Mass Spectrometry instruments, Consumables and Chemistries, and Cell Analysis platforms remains a tailwind. Agilent carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. On Nov 17, 2022, Agilent declared that its shareholders would receive a dividend of $0.2250 per share on Jan 25, 2023. It has a dividend yield of 4.3%. Over the past 5 years, Agilent has increased its dividend five times, and its payout ratio presently stays at 17% of earnings. Check A's dividend history here. Griffon is a diversified management and holding company conducting business through wholly-owned subsidiaries. GFF oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. Griffon provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. GFF offers direction and assistance to its subsidiaries in connection with acquisition, growth opportunities and divestitures. GFF currently carries a Zacks Rank #3. On Nov 17, 2022, Griffon declared that its shareholders would receive a dividend of $0.10 per share on Dec 16, 2022. GFF has a dividend yield of 1.2%. Over the past 5 years, Griffon has increased its dividend seven times, and its payout ratio presently stays at 11% of earnings. Check GFF's dividend history here. Group 1 Automotive's diversified product mix along with omnichannel efforts bode well. GPI is riding on the strength of consumer demand in the United States and UK. Order backlog in the UK is likely to fuel pent-up demand and aid GPI's performance in 2023. Acquisitions of dealerships and franchises to expand and optimize its portfolio act as major tailwind. In 2021, Group 1 Automotive completed transactions representing $2.5 billion of acquired revenues. Buyouts of the Toyota dealership and others in the quarter are likely to aid its top-line. The AcceleRide platform, GPI's online retailing initiative, aids Group 1's long-term prospects and used-vehicle inventory. GPI currently carries a Zacks Rank #3. On Nov 16, 2022, Group 1 Automotive declared that its shareholders would receive a dividend of $0.39 per share on Dec 15, 2022. GPI has a dividend yield of 0.81%. Over the past 5 years, Group 1 Automotive has increased its dividend 13 times, and its payout ratio presently stays at 3% of earnings. Check GPI's dividend history here. Suncor Energy is Canada's premier integrated energy company. SU's operations include oil sands development and upgrading, conventional and offshore crude oil and gas production, petroleum refining, and product marketing. Suncor Energy is one of the largest owners of oil sands in the world. SU currently carries a Zacks Rank #3. On Nov 17, 2022, Suncor Energy declared that its shareholders would receive a dividend of $0.3911 per share on Dec 23, 2022. SU has a dividend yield of 4.3%. Over the past 5 years, SU has increased its dividend 14 times, and its payout ratio presently stays at 25% of earnings. Check SU's dividend history here. KeyCorp's inorganic growth initiatives and continued focus on improving fee income are likely to keep aiding the top line. Solid loans and deposit balances, and rising interest rates are expected to further aid net interest income and margin growth. Further, KEY's enhanced capital deployment activities indicate solid balance sheet and liquidity positions. KEY currently carries a Zacks Rank #3. On Nov 17, 2022, KeyCorp declared that its shareholders would receive a dividend of $0.205 per share on Dec 15, 2022. KEY has a dividend yield of 4.4%. Over the past 5 years, SU has increased its dividend five times, and its payout ratio presently stays at 36% of earnings. Check KEY's dividend history here. Why Haven't You Looked at Zacks' Top Stocks? Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They’re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! 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 KeyCorp (KEY): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Suncor Energy Inc. (SU): Free Stock Analysis Report Group 1 Automotive, Inc. (GPI): Free Stock Analysis Report Griffon Corporation (GFF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks recently featured in the blog include: Agilent Technologies Inc. A, KeyCorp KEY, Griffon Corp. GFF, Group 1 Automotive Inc. GPI and Suncor Energy Inc. SU. Bullard's comment is being perceived as a pushback from the Fed's recent stance of trying to reassure the markets that it would slacken its stringent policy measures to avoid a hard-landing of the economy. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security.

Stocks recently featured in the blog include: Agilent Technologies Inc. A, KeyCorp KEY, Griffon Corp. GFF, Group 1 Automotive Inc. GPI and Suncor Energy Inc. SU. Five such companies are Agilent Technologies Inc., KeyCorp, Griffon Corp., Group 1 Automotive Inc. and Suncor Energy Inc.. Agilent is benefiting from continued strong growth in the pharmaceutical market. Over the past 5 years, Group 1 Automotive has increased its dividend 13 times, and its payout ratio presently stays at 3% of earnings.

Stocks recently featured in the blog include: Agilent Technologies Inc. A, KeyCorp KEY, Griffon Corp. GFF, Group 1 Automotive Inc. GPI and Suncor Energy Inc. SU. Here are highlights from Friday’s Analyst Blog: 5 Stocks with Recent Dividend Hikes for a Stable Portfolio U.S. stock markets have been witnessing an impressive rally since the beginning of October. Group 1 Automotive, Inc. (GPI): Free Stock Analysis Report

Stocks recently featured in the blog include: Agilent Technologies Inc. A, KeyCorp KEY, Griffon Corp. GFF, Group 1 Automotive Inc. GPI and Suncor Energy Inc. SU. Five such companies are Agilent Technologies Inc., KeyCorp, Griffon Corp., Group 1 Automotive Inc. and Suncor Energy Inc.. Agilent is benefiting from continued strong growth in the pharmaceutical market. Group 1 Automotive, Inc. (GPI): Free Stock Analysis Report

340.0

2022-11-21 00:00:00 UTC

After-Hours Earnings Report for November 21, 2022 : A, ZM, DELL, ZTO, MMS, DY, GDS, URBN, GBDC, SNEX, CENTA, ENTA

A

https://www.nasdaq.com/articles/after-hours-earnings-report-for-november-21-2022-%3A-a-zm-dell-zto-mms-dy-gds-urbn-gbdc-snex

The following companies are expected to report earnings after hours on 11/21/2022. Visit our Earnings Calendar for a full list of expected earnings releases. Agilent Technologies, Inc. (A)is reporting for the quarter ending October 31, 2022. The electrical test equipment company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.39. This value represents a 14.88% increase compared to the same quarter last year. In the past year A has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 11.67%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for A is 28.83 vs. an industry ratio of 39.20. Zoom Video Communications, Inc. (ZM)is reporting for the quarter ending October 31, 2022. The internet software company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.26. This value represents a 63.89% decrease compared to the same quarter last year. ZM missed the consensus earnings per share in the 3rd calendar quarter of 2022 by -37.78%. Dell Technologies Inc. (DELL)is reporting for the quarter ending October 31, 2022. The information technology services company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.30. This value represents a 45.15% decrease compared to the same quarter last year. DELL missed the consensus earnings per share in the 1st calendar quarter of 2022 by -11.79%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for DELL is 7.39 vs. an industry ratio of 15.70. ZTO Express (Cayman) Inc. (ZTO)is reporting for the quarter ending September 30, 2022. The transportation services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.26. This value represents a 18.18% increase compared to the same quarter last year. In the past year ZTO has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ZTO is 20.09 vs. an industry ratio of 6.40, implying that they will have a higher earnings growth than their competitors in the same industry. Maximus, Inc. (MMS)is reporting for the quarter ending September 30, 2022. The government services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.02. This value represents a 5.56% decrease compared to the same quarter last year. MMS missed the consensus earnings per share in the 2nd calendar quarter of 2022 by -20.41%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for MMS is 15.33 vs. an industry ratio of 19.40. Dycom Industries, Inc. (DY)is reporting for the quarter ending October 31, 2022. The building company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.28. This value represents a 34.74% increase compared to the same quarter last year. In the past year DY has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 47.47%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for DY is 29.90 vs. an industry ratio of 13.30, implying that they will have a higher earnings growth than their competitors in the same industry. GDS Holdings Limited (GDS)is reporting for the quarter ending September 30, 2022. The technology services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.36. This value represents a 24.14% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for GDS is -9.39 vs. an industry ratio of 4.50. Urban Outfitters, Inc. (URBN)is reporting for the quarter ending October 31, 2022. The retail (shoe) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.41. This value represents a 53.93% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2023 Price to Earnings ratio for URBN is 15.41 vs. an industry ratio of 42.10. Golub Capital BDC, Inc. (GBDC)is reporting for the quarter ending September 30, 2022. The financial services company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.30. This value represents a no change for the same quarter last year. GBDC missed the consensus earnings per share in the 1st calendar quarter of 2022 by -12.9%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for GBDC is 11.11 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry. StoneX Group Inc. (SNEX)is reporting for the quarter ending September 30, 2022. The financial services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.93. This value represents a 302.08% increase compared to the same quarter last year. SNEX missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -66.67%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for SNEX is 9.79 vs. an industry ratio of 8.70, implying that they will have a higher earnings growth than their competitors in the same industry. Central Garden & Pet Company (CENTA)is reporting for the quarter ending September 30, 2022. The consumer company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.03. This value represents a 150.00% increase compared to the same quarter last year. In the past year CENTA has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 10.32%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CENTA is 14.62 vs. an industry ratio of 223.20. Enanta Pharmaceuticals, Inc. (ENTA)is reporting for the quarter ending September 30, 2022. The drug company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-1.37. This value represents a 12.30% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for ENTA is -7.79 vs. an industry ratio of 0.20. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The electrical test equipment company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.39. The information technology services company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.30. The government services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.02.

Zacks Investment Research reports that the 2022 Price to Earnings ratio for ZTO is 20.09 vs. an industry ratio of 6.40, implying that they will have a higher earnings growth than their competitors in the same industry. Zacks Investment Research reports that the 2023 Price to Earnings ratio for DY is 29.90 vs. an industry ratio of 13.30, implying that they will have a higher earnings growth than their competitors in the same industry. Zacks Investment Research reports that the 2022 Price to Earnings ratio for GBDC is 11.11 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry.

Zacks Investment Research reports that the 2022 Price to Earnings ratio for ZTO is 20.09 vs. an industry ratio of 6.40, implying that they will have a higher earnings growth than their competitors in the same industry. Zacks Investment Research reports that the 2023 Price to Earnings ratio for DY is 29.90 vs. an industry ratio of 13.30, implying that they will have a higher earnings growth than their competitors in the same industry. Zacks Investment Research reports that the 2022 Price to Earnings ratio for SNEX is 9.79 vs. an industry ratio of 8.70, implying that they will have a higher earnings growth than their competitors in the same industry.

Dycom Industries, Inc. (DY)is reporting for the quarter ending October 31, 2022. In the past year DY has beat the expectations every quarter. In the past year CENTA has beat the expectations every quarter.

341.0

2022-11-21 00:00:00 UTC

Pre-Markets in Red to Start a Fresh Week

A

https://www.nasdaq.com/articles/pre-markets-in-red-to-start-a-fresh-week-0

U.S. stock futures are trading in negative territory while Americans are gearing up to celebrate Thanksgiving Day this Thursday. This will start the holiday season for 2022, which has so far remained terrible for Wall Street. The initial enthusiasm after the release of October’s Consumer Price Index (CPI) and Producer Price Index (PPI) evaporated last week. Market participants’ expectations that the Fed may relax its stringent monetary policies as the peak inflation seems behind us, have been rejected by several important voting members of the central bank. St. Louis Fed President James Bullard said that the central bank needs to keep raising rates because according to him policy tightening has so far had only limited effects on observed inflation. The target policy needs to rise to at least 5.00% to 5.25% from the current level of just below 4.00% to be sufficiently restrictive. However, not all the Fed members are in favor of tighter monetary control. Several members have expressed opposite views too. The Fed will release its November FOMC meeting minutes this week, enabling investors to get a better idea of what the central bank is thinking about the interest rate trajectory. Market participants will closely monitor this holiday season sales under elevated inflation to gauge the health of the U.S. economy. We are yet to receive any signal from the Fed that it would lessen its tighter monetary control anytime soon. At the same time, we are yet to receive any genuine information that the economy may enter into a recession early next year. Meanwhile, China is yet to recover fully from COVID-19 infections. Recently, three people died of coronavirus, which forced China’s authority to impose lockdown in a few cities again. Last week, it was rumored that China will reopen soon. Moreover, the People’s Bank of China has kept its one-year prime lending rate steady at 3.65%. The five-year rate also remained static at 4.3%. Going against today’s pre-market trend, shares of The Walt Disney Co. (DIS) jumped nearly 9% following the news that Bob Iger will once again become the CEO of the company replacing the incumbent Bob Chapek. Iger, who served Disney for more than two decades including 15 years as CEO, will get a term of just two years this time. On the earnings front, desktop PC and notebook developer Dell Technologies Inc. (DELL), resting equipment manufacturer Agilent Technologies Inc. (A) and The J. M. Smucker Co. (SJM), a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America, will report their quarterly financial numbers after today’s closing bell. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They’re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! 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 Dell Technologies Inc. (DELL): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report The Walt Disney Company (DIS): Free Stock Analysis Report The J. M. Smucker Company (SJM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Market participants’ expectations that the Fed may relax its stringent monetary policies as the peak inflation seems behind us, have been rejected by several important voting members of the central bank. The Fed will release its November FOMC meeting minutes this week, enabling investors to get a better idea of what the central bank is thinking about the interest rate trajectory. On the earnings front, desktop PC and notebook developer Dell Technologies Inc. (DELL), resting equipment manufacturer Agilent Technologies Inc. (A) and The J. M. Smucker Co. (SJM), a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America, will report their quarterly financial numbers after today’s closing bell.

On the earnings front, desktop PC and notebook developer Dell Technologies Inc. (DELL), resting equipment manufacturer Agilent Technologies Inc. (A) and The J. M. Smucker Co. (SJM), a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America, will report their quarterly financial numbers after today’s closing bell. Dell Technologies Inc. (DELL): Free Stock Analysis Report The Walt Disney Company (DIS): Free Stock Analysis Report

On the earnings front, desktop PC and notebook developer Dell Technologies Inc. (DELL), resting equipment manufacturer Agilent Technologies Inc. (A) and The J. M. Smucker Co. (SJM), a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America, will report their quarterly financial numbers after today’s closing bell. Dell Technologies Inc. (DELL): Free Stock Analysis Report The Walt Disney Company (DIS): Free Stock Analysis Report

Moreover, the People’s Bank of China has kept its one-year prime lending rate steady at 3.65%. And in a new FREE report, Zacks is revealing those stocks to you. U.S. stock futures are trading in negative territory while Americans are gearing up to celebrate Thanksgiving Day this Thursday.

342.0

2022-11-18 00:00:00 UTC

5 Stocks With Recent Dividend Hike for a Stable Portfolio

A

https://www.nasdaq.com/articles/5-stocks-with-recent-dividend-hike-for-a-stable-portfolio-0

U.S. stock markets have been witnessing an impressive rally since the beginning of October. Recently released several data have clearly shown that inflation is dwindling, albeit at a slow pace. A large section of market participants believes that as peak inflation is likely behind us, the Fed will relax its tighter monetary control. However, we are not out of the woods as inflation remains elevated. On Nov 17, St. Louis Fed President James Bullard said that the Fed needs to keep raising rates because policy tightening has so far had only limited effects on observed inflation. The target policy needs to rise to at least 5.00% to 5.25% from the current level of just below 4.00% to be sufficiently restrictive. Bullard’s comment is being perceived as a pushback from the Fed’s recent stance of trying to reassure the markets that it would slacken its stringent policy measures to avoid a hard-landing of the economy. Investors are concerned that a higher interest rate will lead to a recession in 2023. Stocks in Focus At this stage, dividend-paying stocks should be in demand as investors will try to safeguard their portfolio. We believe that one should consider stocks that have recently raised their dividend payments. Five such companies are Agilent Technologies Inc. A, KeyCorp KEY, Griffon Corp. GFF, Group 1 Automotive Inc. GPI and Suncor Energy Inc. SU. Agilent is benefiting from continued strong growth in the pharmaceutical market. Solid momentum across the Life Sciences & Applied Markets Group (LSAG) and the Agilent Cross Lab Group (ACG) segments is contributing well to top-line growth. We expect LSAG and ACG revenues to grow respectively 7.2% and 8.2% year over year in fiscal 2022. Growth in Liquid Chromatography and Mass Spectrometry instruments, Consumables and Chemistries, and Cell Analysis platforms remains a tailwind. Agilent carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. On Nov 17, 2022, Agilent declared that its shareholders would receive a dividend of $0.2250 per share on Jan 25, 2023. It has a dividend yield of 4.3%. Over the past 5 years, Agilent has increased its dividend five times, and its payout ratio presently stays at 17% of earnings. Check A’s dividend history here. Agilent Technologies, Inc. Dividend Yield (TTM) Agilent Technologies, Inc. dividend-yield-ttm | Agilent Technologies, Inc. Quote Griffon is a diversified management and holding company conducting business through wholly-owned subsidiaries. GFF oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. Griffon provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. GFF offers direction and assistance to its subsidiaries in connection with acquisition, growth opportunities and divestitures. GFF currently carries a Zacks Rank #3. On Nov 17, 2022, Griffon declared that its shareholders would receive a dividend of $0.10 per share on Dec 16, 2022. GFF has a dividend yield of 1.2%. Over the past 5 years, Griffon has increased its dividend seven times, and its payout ratio presently stays at 11% of earnings. Check GFF’s dividend history here. Griffon Corporation Dividend Yield (TTM) Griffon Corporation dividend-yield-ttm | Griffon Corporation Quote Group 1 Automotive’s diversified product mix along with omnichannel efforts bode well. GPI is riding on the strength of consumer demand in the United States and UK. Order backlog in the UK is likely to fuel pent-up demand and aid GPI’s performance in 2023. Acquisitions of dealerships and franchises to expand and optimize its portfolio act as major tailwind. In 2021, Group 1 Automotive completed transactions representing $2.5 billion of acquired revenues. Buyouts of the Toyota dealership and others in the quarter are likely to aid its top-line. The AcceleRide platform, GPI’s online retailing initiative, aids Group 1’s long-term prospects and used-vehicle inventory. GPI currently carries a Zacks Rank #3. On Nov 16, 2022, Group 1 Automotive declared that its shareholders would receive a dividend of $0.39 per share on Dec 15, 2022. GPI has a dividend yield of 0.81%. Over the past 5 years, Group 1 Automotive has increased its dividend 13 times, and its payout ratio presently stays at 3% of earnings. Check GPI’s dividend history here. Group 1 Automotive, Inc. Dividend Yield (TTM) Group 1 Automotive, Inc. dividend-yield-ttm | Group 1 Automotive, Inc. Quote Suncor Energy is Canada's premier integrated energy company. SU’s operations include oil sands development and upgrading, conventional and offshore crude oil and gas production, petroleum refining, and product marketing. Suncor Energy is one of the largest owners of oil sands in the world. SU currently carries a Zacks Rank #3. On Nov 17, 2022, Suncor Energy declared that its shareholders would receive a dividend of $0.3911 per share on Dec 23, 2022. SU has a dividend yield of 4.3%. Over the past 5 years, SU has increased its dividend 14 times, and its payout ratio presently stays at 25% of earnings. Check SU’s dividend history here. Suncor Energy Inc. Dividend Yield (TTM) Suncor Energy Inc. dividend-yield-ttm | Suncor Energy Inc. Quote KeyCorp’s inorganic growth initiatives and continued focus on improving fee income are likely to keep aiding the top line. Solid loans and deposit balances, and rising interest rates are expected to further aid net interest income and margin growth. Further, KEY’s enhanced capital deployment activities indicate solid balance sheet and liquidity positions. KEY currently carries a Zacks Rank #3. On Nov 17, 2022, KeyCorp declared that its shareholders would receive a dividend of $0.205 per share on Dec 15, 2022. KEY has a dividend yield of 4.4%. Over the past 5 years, SU has increased its dividend five times, and its payout ratio presently stays at 36% of earnings. Check KEY’s dividend history here. KeyCorp Dividend Yield (TTM) KeyCorp dividend-yield-ttm | KeyCorp Quote 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 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 KeyCorp (KEY): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Suncor Energy Inc. (SU): Free Stock Analysis Report Group 1 Automotive, Inc. (GPI): Free Stock Analysis Report Griffon Corporation (GFF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Bullard’s comment is being perceived as a pushback from the Fed’s recent stance of trying to reassure the markets that it would slacken its stringent policy measures to avoid a hard-landing of the economy. Five such companies are Agilent Technologies Inc. A, KeyCorp KEY, Griffon Corp. GFF, Group 1 Automotive Inc. GPI and Suncor Energy Inc. SU. Growth in Liquid Chromatography and Mass Spectrometry instruments, Consumables and Chemistries, and Cell Analysis platforms remains a tailwind.

Griffon Corporation Dividend Yield (TTM) Griffon Corporation dividend-yield-ttm | Griffon Corporation Quote Group 1 Automotive’s diversified product mix along with omnichannel efforts bode well. Group 1 Automotive, Inc. Dividend Yield (TTM) Group 1 Automotive, Inc. dividend-yield-ttm | Group 1 Automotive, Inc. Quote Suncor Energy is Canada's premier integrated energy company. Suncor Energy Inc. Dividend Yield (TTM) Suncor Energy Inc. dividend-yield-ttm | Suncor Energy Inc. Quote KeyCorp’s inorganic growth initiatives and continued focus on improving fee income are likely to keep aiding the top line.

Agilent Technologies, Inc. Dividend Yield (TTM) Agilent Technologies, Inc. dividend-yield-ttm | Agilent Technologies, Inc. Quote Griffon is a diversified management and holding company conducting business through wholly-owned subsidiaries. Group 1 Automotive, Inc. Dividend Yield (TTM) Group 1 Automotive, Inc. dividend-yield-ttm | Group 1 Automotive, Inc. Quote Suncor Energy is Canada's premier integrated energy company. Suncor Energy Inc. Dividend Yield (TTM) Suncor Energy Inc. dividend-yield-ttm | Suncor Energy Inc. Quote KeyCorp’s inorganic growth initiatives and continued focus on improving fee income are likely to keep aiding the top line.

Five such companies are Agilent Technologies Inc. A, KeyCorp KEY, Griffon Corp. GFF, Group 1 Automotive Inc. GPI and Suncor Energy Inc. SU. Group 1 Automotive, Inc. Dividend Yield (TTM) Group 1 Automotive, Inc. dividend-yield-ttm | Group 1 Automotive, Inc. Quote Suncor Energy is Canada's premier integrated energy company. Group 1 Automotive, Inc. (GPI): Free Stock Analysis Report

343.0

2022-11-18 00:00:00 UTC

Agilent Q4 Preview: Double-Digit Earnings Growth in Store?

A

https://www.nasdaq.com/articles/agilent-q4-preview%3A-double-digit-earnings-growth-in-store

The Zacks Computer and Technology sector has sailed through rough waters in 2022 as the Fed pivoted to a hawkish nature, down more than 30%. A widely-known company in the realm, Agilent Technologies A, is on deck to unveil Q4 earnings on November 21st, after the market close. Agilent is an original equipment manufacturer (OEM) of a broad-based portfolio of test and measurement products serving multiple end markets. Currently, the company carries a Zacks Rank #2 (Buy) paired with an overall VGM Score of a D. How else does Agilent stack up heading into its print? Let’s take a closer look. Share Performance & Valuation Year-to-date, Agilent shares have outperformed the S&P 500 by a notable margin, down roughly 8% vs. the general market’s 17% decline. Image Source: Zacks Investment Research Over the last month, A shares have continued on their market-beating trajectory, tacking on a strong 13% in value and again outperforming the S&P 500. Image Source: Zacks Investment Research The favorable price action of Agilent shares indicates that buyers have defended the stock much higher than we can say for the majority of stocks in 2022. Agilent shares currently trade at a 26.4X forward earnings multiple, nearly precisely in line with its 26.1X five-year median and well below highs of 41.6X in 2021. Agilent carries a Style Score of a D for Value. Image Source: Zacks Investment Research Quarterly Estimates One analyst has lowered their earnings outlook for the quarter to be reported over the last several months. Still, the Zacks Consensus EPS Estimate of $1.39 indicates a Y/Y uptick in earnings of roughly 15%. Image Source: Zacks Investment Research The company’s top-line appears to be in solid health as well; the Zacks Consensus Sales estimate of $1.8 billion suggests an improvement of more than 6% Y/Y. Quarterly Performance Agilent has been the definition of consistency within its bottom-line results, exceeding earnings estimates in ten consecutive quarters. Just in its latest print, the company registered a sizable 11.7% EPS beat. Revenue results have also been overwhelmingly positive; A has exceeded sales expectations in nine of its last ten quarters. Below is a chart illustrating the company’s revenue on a quarterly basis. Image Source: Zacks Investment Research Putting Everything Together Agilent shares have outperformed the general market across several timeframes in 2022, indicating that buyers have defended the stock. The company’s forward earnings multiple currently sits nearly at its five-year median and well below highs of 2021. One analyst has lowered their earnings outlook, with estimates indicating Y/Y increases in both revenue and earnings. Further, A has consistently exceeded quarterly estimates, with a large EPS beat coming in its latest print. Heading into the release, Agilent Technologies A carries a Zacks Rank #2 (Buy) paired with an overall VGM Score of a D. 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 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Agilent is an original equipment manufacturer (OEM) of a broad-based portfolio of test and measurement products serving multiple end markets. Image Source: Zacks Investment Research Over the last month, A shares have continued on their market-beating trajectory, tacking on a strong 13% in value and again outperforming the S&P 500. Image Source: Zacks Investment Research Putting Everything Together Agilent shares have outperformed the general market across several timeframes in 2022, indicating that buyers have defended the stock.

Image Source: Zacks Investment Research Quarterly Estimates One analyst has lowered their earnings outlook for the quarter to be reported over the last several months. Image Source: Zacks Investment Research Putting Everything Together Agilent shares have outperformed the general market across several timeframes in 2022, indicating that buyers have defended the stock. Heading into the release, Agilent Technologies A carries a Zacks Rank #2 (Buy) paired with an overall VGM Score of a D.

Image Source: Zacks Investment Research The favorable price action of Agilent shares indicates that buyers have defended the stock much higher than we can say for the majority of stocks in 2022. Image Source: Zacks Investment Research Quarterly Estimates One analyst has lowered their earnings outlook for the quarter to be reported over the last several months. Image Source: Zacks Investment Research Putting Everything Together Agilent shares have outperformed the general market across several timeframes in 2022, indicating that buyers have defended the stock.

Image Source: Zacks Investment Research Quarterly Estimates One analyst has lowered their earnings outlook for the quarter to be reported over the last several months. Want the latest recommendations from Zacks Investment Research? Agilent Technologies, Inc. (A): Free Stock Analysis Report

344.0

2022-11-18 00:00:00 UTC

Applied Materials (AMAT) Q4 Earnings & Sales Beat, Rise Y/Y

A

https://www.nasdaq.com/articles/applied-materials-amat-q4-earnings-sales-beat-rise-y-y

Applied Materials Inc. AMAT reported fourth-quarter fiscal 2022 non-GAAP earnings of $2.03 per share, surpassing the Zacks Consensus Estimate by 18.02%. Further, the figure improved 5% from the year-ago fiscal quarter’s reported figure. Net sales of $6.75 billion climbed 10% from the year-ago fiscal quarter’s level and surpassed the Zacks Consensus Estimate of $6.38 billion. Top-line growth was driven by the strong performance of the Semiconductor Systems and Applied Global Services segments. AMAT witnessed solid growth in geographies, namely the United States, Europe, Taiwan and Southeast Asia, which was another positive. However, Applied Materials continued to witness sluggishness in its Display segment. Also, it faced a weakening momentum in China. Moreover, its declining sales in China persisted during fiscal 2023 due to new export restrictions. Nevertheless, AMAT is currently witnessing improvements in supply chain with its growing efforts to mitigate the associated constraints. This remains a major positive. Further, Applied Materials’ strength in Foundry/Logic remains a tailwind. Shares of AMAT inched up 3.2% in after-hours trading, primarily attributable to the better-than-expected guidance for first-quarter fiscal 2023 net sales based on easing supply-chain woes. On a year-to-date basis, Applied Materials has lost 32.4% compared with the industry’s decline of 29.4%. Applied Materials, Inc. Price, Consensus and EPS Surprise Applied Materials, Inc. price-consensus-eps-surprise-chart | Applied Materials, Inc. Quote Segments in Detail Semiconductor Systems generated sales worth $5.04 billion (which contributed 75% to its net sales), reflecting a 17% increase from the year-ago fiscal quarter’s reading. Strong orders on increasing customer spending in next-generation technologies contributed well. Applied Global Services reported sales of $1.42 billion (21% of net sales), up 4% from the prior-year fiscal quarter’s reported number. Growing installed base systems, service intensity and subscription agreements contributed well. Sales from Display and Adjacent Markets were $251 million (4% of net sales), down 40% from the year-ago fiscal quarter’s reported level. Revenues by Geography The United States, Europe, Japan, Korea, Taiwan, Southeast Asia and China generated sales of $830 million, $375 million, $606 million, $1.08 billion, $2.07 billion, $451 million and $1.3 billion each, contributing 12%, 5%, 9%, 16%, 31%, 7% and 20% to net sales, respectively. Sales in the United States, Europe, Korea, Taiwan and Southeast Asia increased 23.3%, 13.3%, 7.8%, 66.8% and 120%, respectively, from the respective year-ago fiscal quarter’s readings. Sales in Japan and China fell 1.1% and 35%, respectively, from the year-ago quarter’s corresponding levels. Operating Results The non-GAAP gross margin was 46%, contracting 220 basis points (bps) from the year-ago fiscal quarter’s tally. Operating expenses were $1.1 billion, up 18.9% from the year-ago fiscal quarter’s level. As a percentage of sales, the figure expanded 120 bps from the year-earlier fiscal quarter’s level to 16.4%. The non-GAAP operating margin of 29.8% for the reported quarter contracted 330 bps from the prior-year fiscal period’s actuals. Balance Sheet & Cash Flow As of Oct 30, 2022, cash and cash equivalent balance, and short-term investments were $2.6 billion compared with $3.5 billion as of Jul 31, 2022. Inventories were $5.9 billion in fourth-quarter fiscal 2022 compared with $5.5 billion in third-quarter fiscal 2022. Accounts receivables increased to $6.1 billion in the reported quarter from $4.9 billion in the previous fiscal quarter. Long-term debt was $5.457 billion at the end of the reported quarter compared with $5.456 billion at the end of the previous fiscal quarter. Applied Materials generated a cash flow of $857 million, down from $1.5 billion in the prior fiscal quarter. AMAT returned $1.72 billion to its shareholders, of which share repurchases were worth $1.5 billion, while dividend payments amounted to $223 million. Guidance For first-quarter fiscal 2023, Applied Materials expects net sales of $6.7 billion (+/-$400 million). The Zacks Consensus Estimate for the same is pegged at $6.38 billion. AMAT anticipates Semiconductor Systems, AGS and Display revenues to be $5.15 billion, $1.33 billion and $170 million, respectively. Management expects non-GAAP earnings per share of $1.93 (+/-0.18). The Zacks Consensus Estimate for the same is pegged at $1.91. Applied Materials expects a non-GAAP gross margin of 46.1% and non-GAAP operating expenses of $1.16 billion. It projects a non-GAAP tax rate of 13%. Zacks Rank & Stocks to Consider Currently, Applied Materials carries a Zacks Rank #4 (Sell). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Asure Software ASUR, Agilent Technologies A and AMETEK AME. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and AMETEK carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Asure Software has lost 10.9% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 14%. Agilent Technologies has lost 7.8% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. AMETEK has lost 5.7% in the year-to-date period. The long-term earnings growth rate for AME is currently projected at 9.7%. 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 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report AMETEK, Inc. (AME): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Asure Software Inc (ASUR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Applied Materials Inc. AMAT reported fourth-quarter fiscal 2022 non-GAAP earnings of $2.03 per share, surpassing the Zacks Consensus Estimate by 18.02%. Shares of AMAT inched up 3.2% in after-hours trading, primarily attributable to the better-than-expected guidance for first-quarter fiscal 2023 net sales based on easing supply-chain woes. Operating Results The non-GAAP gross margin was 46%, contracting 220 basis points (bps) from the year-ago fiscal quarter’s tally.

Applied Materials Inc. AMAT reported fourth-quarter fiscal 2022 non-GAAP earnings of $2.03 per share, surpassing the Zacks Consensus Estimate by 18.02%. Applied Materials, Inc. Price, Consensus and EPS Surprise Applied Materials, Inc. price-consensus-eps-surprise-chart | Applied Materials, Inc. Quote Segments in Detail Semiconductor Systems generated sales worth $5.04 billion (which contributed 75% to its net sales), reflecting a 17% increase from the year-ago fiscal quarter’s reading. Revenues by Geography The United States, Europe, Japan, Korea, Taiwan, Southeast Asia and China generated sales of $830 million, $375 million, $606 million, $1.08 billion, $2.07 billion, $451 million and $1.3 billion each, contributing 12%, 5%, 9%, 16%, 31%, 7% and 20% to net sales, respectively.

Net sales of $6.75 billion climbed 10% from the year-ago fiscal quarter’s level and surpassed the Zacks Consensus Estimate of $6.38 billion. Applied Materials, Inc. Price, Consensus and EPS Surprise Applied Materials, Inc. price-consensus-eps-surprise-chart | Applied Materials, Inc. Quote Segments in Detail Semiconductor Systems generated sales worth $5.04 billion (which contributed 75% to its net sales), reflecting a 17% increase from the year-ago fiscal quarter’s reading. Revenues by Geography The United States, Europe, Japan, Korea, Taiwan, Southeast Asia and China generated sales of $830 million, $375 million, $606 million, $1.08 billion, $2.07 billion, $451 million and $1.3 billion each, contributing 12%, 5%, 9%, 16%, 31%, 7% and 20% to net sales, respectively.

Applied Materials Inc. AMAT reported fourth-quarter fiscal 2022 non-GAAP earnings of $2.03 per share, surpassing the Zacks Consensus Estimate by 18.02%. Applied Global Services reported sales of $1.42 billion (21% of net sales), up 4% from the prior-year fiscal quarter’s reported number. Applied Materials generated a cash flow of $857 million, down from $1.5 billion in the prior fiscal quarter.

345.0

2022-11-17 00:00:00 UTC

Daily Dividend Report: A, CBOE, KLIC, GFF, NOC

A

https://www.nasdaq.com/articles/daily-dividend-report%3A-a-cboe-klic-gff-noc

Agilent Technologies (A) has increased its quarterly dividend to 22.5 cents per share of common stock, reflecting a 7% increase over the previous quarter. The quarterly dividend will be paid on January 25, 2023, to all shareholders of record as of the close of business on January 3, 2023. Cboe Global Markets (CBOE) has declared a quarterly cash dividend of $0.50 per share of common stock for the fourth quarter of 2022. The fourth-quarter 2022 dividend is payable on December 15, 2022, to stockholders of record as of November 30, 2022. Kulicke and Soffa Industries has declared and authorized a quarterly dividend of $0.19 per share of common stock, representing a $0.02 increase over its most recent dividend. This upcoming dividend payment will be made on January 9, 2023 to holders of record as of December 22, 2022. Griffon Corporation (GFF) declared a regular quarterly cash dividend of $0.10 per share. The dividend is payable on December 16, 2022, to shareholders of record as of the close of business on November 29, 2022. Northrop Grumman Corporation (NOC) declared a quarterly dividend of $1.73 per share on Northrop Grumman common stock, payable Dec. 14, 2022, to shareholders of record as of the close of business Nov. 28, 2022. VIDEO: Daily Dividend Report: A, CBOE, KLIC, GFF, NOC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This upcoming dividend payment will be made on January 9, 2023 to holders of record as of December 22, 2022. Griffon Corporation (GFF) declared a regular quarterly cash dividend of $0.10 per share. The dividend is payable on December 16, 2022, to shareholders of record as of the close of business on November 29, 2022.

Agilent Technologies (A) has increased its quarterly dividend to 22.5 cents per share of common stock, reflecting a 7% increase over the previous quarter. Cboe Global Markets (CBOE) has declared a quarterly cash dividend of $0.50 per share of common stock for the fourth quarter of 2022. Northrop Grumman Corporation (NOC) declared a quarterly dividend of $1.73 per share on Northrop Grumman common stock, payable Dec. 14, 2022, to shareholders of record as of the close of business Nov. 28, 2022.

Cboe Global Markets (CBOE) has declared a quarterly cash dividend of $0.50 per share of common stock for the fourth quarter of 2022. Kulicke and Soffa Industries has declared and authorized a quarterly dividend of $0.19 per share of common stock, representing a $0.02 increase over its most recent dividend. Northrop Grumman Corporation (NOC) declared a quarterly dividend of $1.73 per share on Northrop Grumman common stock, payable Dec. 14, 2022, to shareholders of record as of the close of business Nov. 28, 2022.

Cboe Global Markets (CBOE) has declared a quarterly cash dividend of $0.50 per share of common stock for the fourth quarter of 2022. Kulicke and Soffa Industries has declared and authorized a quarterly dividend of $0.19 per share of common stock, representing a $0.02 increase over its most recent dividend. The dividend is payable on December 16, 2022, to shareholders of record as of the close of business on November 29, 2022.

346.0

2022-11-17 00:00:00 UTC

Garmin's (GRMN) Tacx NEO Bike Plus to Boost Fitness Segment

A

https://www.nasdaq.com/articles/garmins-grmn-tacx-neo-bike-plus-to-boost-fitness-segment

Garmin GRMN expanded its fitness offerings with the all-in-one indoor smart bike, Tacx NEO Bike Plus. The smart bike offers accurate power, speed and cadence metrics. It can be seamlessly customized according to a user’s requirements. Athletes can pair the smart bike with the Tacx Training app to follow structured workouts and participate in pro rides. It can also be linked to the Garmin Edge cycling computer to track training performances. With Tacx NEO Bike Plus, Garmin aims to provide cyclists and athletes with a realistic outdoor riding experience. This, in turn, is expected to boost the adoption rate of the Tacx NEO smart bike among cyclists and athletes. Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Expanding Offerings for Cyclists Apart from the recent launch, Garmin unveiled Edge Explore 2 and Edge Explore 2 Power Mount Bundle GPS cycling computers featuring improved battery life and high-contrast maps of popular roads and high-traffic areas so that cyclists can opt for a less congested and safer route. GRMN also released the Edge 1040 Solar last month, featuring solar-charging capability and multi-band GNSS technology for cyclists to ride confidently on challenging roads. Additionally, Garmin introduced the Varia RCT715 rearview radar, featuring a camera and tail light. The device aims to provide cyclists with enhanced visibility of approaching vehicles during a ride. We note that the consistent introduction of cycling offerings continues to help Garmin gain momentum among cyclists. This, in turn, will help GRMN improve the fitness segment’s performance, which has been witnessing a downturn since the start of this year. The segment generated sales of $279.9 million in third-quarter 2022, accounting for 24.5% of total sales, decreasing 18% year over year. Shares of GRMN have been down 33.7% in the year-to-date period compared with the Computer and Technology sector’s decline of 30.9%. Efforts to Boost Prospects Garmin’s constant efforts to introduce innovative sports and fitness solutions are helping it expand its presence in the booming fitness equipment and home fitness markets. The above-mentioned markets are witnessing significant growth in recent times owing to rising fitness awareness and the resultant demand swell for fitness devices. Per the Global Market Insights report, the fitness equipment market is likely to witness a CAGR of more than 4% during the 2023-2032 forecast period. According to an Acumen Research and Consulting report, the home fitness market is expected to reach $17.3 billion by 2030, seeing a CAGR of 4.9% from 2022 to 2030. Zacks Rank & Stocks to Consider Currently, Garmin carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and AMETEK AME. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and AMETEK carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Agilent Technologies has lost 7.8% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. Asure Software has lost 10.9% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 14%. AMETEK has lost 5.7% in the year-to-date period. The long-term earnings growth rate for AME is currently projected at 9.7%. 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 >> 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 Garmin Ltd. (GRMN): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report AMETEK, Inc. (AME): Free Stock Analysis Report Asure Software Inc (ASUR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Athletes can pair the smart bike with the Tacx Training app to follow structured workouts and participate in pro rides. With Tacx NEO Bike Plus, Garmin aims to provide cyclists and athletes with a realistic outdoor riding experience. GRMN also released the Edge 1040 Solar last month, featuring solar-charging capability and multi-band GNSS technology for cyclists to ride confidently on challenging roads.

Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Expanding Offerings for Cyclists Apart from the recent launch, Garmin unveiled Edge Explore 2 and Edge Explore 2 Power Mount Bundle GPS cycling computers featuring improved battery life and high-contrast maps of popular roads and high-traffic areas so that cyclists can opt for a less congested and safer route. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and AMETEK carry a Zacks Rank #2 (Buy) at present. Asure Software Inc (ASUR): Free Stock Analysis Report

Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Expanding Offerings for Cyclists Apart from the recent launch, Garmin unveiled Edge Explore 2 and Edge Explore 2 Power Mount Bundle GPS cycling computers featuring improved battery life and high-contrast maps of popular roads and high-traffic areas so that cyclists can opt for a less congested and safer route. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and AMETEK AME. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and AMETEK carry a Zacks Rank #2 (Buy) at present.

This, in turn, is expected to boost the adoption rate of the Tacx NEO smart bike among cyclists and athletes. Want the latest recommendations from Zacks Investment Research? Garmin Ltd. (GRMN): Free Stock Analysis Report

347.0

2022-11-17 00:00:00 UTC

Cisco's (CSCO) Q1 Earnings Top Estimates, Revenues Up Y/Y

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https://www.nasdaq.com/articles/ciscos-csco-q1-earnings-top-estimates-revenues-up-y-y-0

Cisco Systems CSCO reported first-quarter fiscal 2023 non-GAAP earnings of 86 cents per share, which beat the Zacks Consensus Estimate by 2.38%. The bottom line increased 4.9% year over year. Revenues increased 5.7% year over year to $13.63 billion and beat the consensus mark by 2.32%. Cisco’s fiscal first-quarter results benefited from easing supply chain conditions, greater availability of components and redesigning of some products. The company witnessed strong demand for its products, including the Catalyst 9000 family, Cisco 8000, Wireless, Meraki, ThousandEyes and Duo. Quarter in Detail Region-wise, America’s revenues increased 5% year over year to $7.91 billion. EMEA revenues increased 11% from the year-ago quarter to $3.68 billion. APJC revenues were unchanged year over year to $2.04 billion. Cisco Systems, Inc. Price, Consensus and EPS Surprise Cisco Systems, Inc. price-consensus-eps-surprise-chart | Cisco Systems, Inc. Quote Cisco witnessed cautious spending in European markets due to a dramatic increase in energy costs and market volatility. However, Cisco believes this situation provides growth opportunities for its low-power-consuming technologies, including IoT, Silicon One and Powerover Ethernet. Service revenues (24.8% of total revenues) inched up 0.5% year over year to $3.39 billion. Annualized recurring revenues came in at $22.9 billion, up 8% year over year. Product revenues (75.2% of total revenues) increased 7.5% on a year-over-year basis to $10.25 billion. Break Down of Product Revenues Secure, Agile Networks (65.2% of total Product revenues) revenues increased 12% year over year to $6.09 billion. Cisco witnessed strong demand for its network solutions led by digital transformation, hybrid cloud, AI and ML workloads. Collaboration (10.6% of Product revenues) revenues decreased 2% on a year-over-year basis to $1.09 billion. Cisco announced more than 40 innovations to power hybrid work and deliver exceptional customer experiences. The company announced a partnership with Microsoft to bring Microsoft teams to Cisco meeting room devices. End-to-End Security (9.5% of Product revenues) revenues were up 9% to $971 million. Cisco introduced new data loss prevention, firewall and Zero Trust capabilities across its portfolio in the reported quarter. Internet for the Future (12.8% of Product revenues) revenues decreased 5% to $1.31 billion. Optimized Application Experiences (1.9% of Product revenues) revenues were up 7% to $193 million. Revenues from Other Products decreased 47% to $2 million. Operating Details Non-GAAP gross margin expanded 50 basis points (bps) from the year-ago quarter’s level to 63%. On a non-GAAP basis, the product gross margin contracted 40 bps to 61%. Service gross margin expanded 360 bps to 68.8%. Non-GAAP operating expenses were $4.24 billion, down 8% year over year. As a percentage of revenues, operating expenses contracted 460 bps to 31.1%. Non-GAAP operating margin contracted 140 bps year over year to 31.8%. Balance Sheet and Cash Flow As of Oct 29, 2022, Cisco’s cash & cash equivalents and investments balance were $19.78 billion compared with $19.3 billion as of Jul 30, 2022. Total debt (short-term plus long-term) as of Oct 29, 2022, was $8.88 billion compared with $9.52 billion as of Jul 30, 2022. Cash flow from operating activities was $3.96 billion, higher than the $3.7 billion reported in the previous quarter. Cisco paid a quarterly dividend of 38 cents per share and returned $1.6 billion to shareholders through buybacks. Remaining performance obligations (“RPO”) at the end of the fiscal first quarter were $30.9 billion, up 3%, with 53% of this amount to be recognized as revenues over the next 12 months. Product RPO was up 5% and service RPO was down 1%. Guidance For second-quarter fiscal 2023, revenues are expected to grow between 4.5% and 6.5% on a year-over-year basis. Non-GAAP gross margin is anticipated between 63% and 64% for the quarter. Non-GAAP operating margin is anticipated between 31.5% and 32.5% for the quarter. Non-GAAP earnings are anticipated between 84 cents and 86 cents per share. For fiscal 2023, revenues are expected to rise 4.5-6.5% on a year-over-year basis. Non-GAAP earnings are anticipated between $3.51 and $3.58 per share. Zacks Rank & Upcoming Earnings to Watch Cisco currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Zacks Computer & Technology sector scheduled to report their earnings soon are Agilent A, Bilibili BILI and Coupa Software COUP. All three stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Agilent shares have outperformed the sector year to date, declining 8.9%. A is scheduled to release its fourth-quarter fiscal 2022 results on Nov 21. Bilibili shares have underperformed the sector year to date, down 80.9%. BILI is scheduled to release its third-quarter 2022 results on Nov 29. Coupa Software shares have underperformed the sector year to date, declining 77%. COUP is set to report its third-quarter fiscal 2023 results on Dec 12. One Tiny Company Could Shake the EV Industry Zacks Aggressive Growth expert Brian Bolan has pinpointed a U.S. manufacturer with an under-$5 stock price that's gearing for a monster ride. It's ramping up production of an affordable, "working man's" rival to Tesla just as soaring gas prices and desire for energy independence are set to drive the EV market to $1 trillion in 5 years. See This Stock Now >> 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 Cisco Systems, Inc. (CSCO): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Coupa Software, Inc. (COUP): Free Stock Analysis Report Bilibili Inc. Sponsored ADR (BILI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Some better-ranked stocks in the broader Zacks Computer & Technology sector scheduled to report their earnings soon are Agilent A, Bilibili BILI and Coupa Software COUP. One Tiny Company Could Shake the EV Industry Zacks Aggressive Growth expert Brian Bolan has pinpointed a U.S. manufacturer with an under-$5 stock price that's gearing for a monster ride. It's ramping up production of an affordable, "working man's" rival to Tesla just as soaring gas prices and desire for energy independence are set to drive the EV market to $1 trillion in 5 years.

Cisco Systems CSCO reported first-quarter fiscal 2023 non-GAAP earnings of 86 cents per share, which beat the Zacks Consensus Estimate by 2.38%. Break Down of Product Revenues Secure, Agile Networks (65.2% of total Product revenues) revenues increased 12% year over year to $6.09 billion. Operating Details Non-GAAP gross margin expanded 50 basis points (bps) from the year-ago quarter’s level to 63%.

Quarter in Detail Region-wise, America’s revenues increased 5% year over year to $7.91 billion. Service revenues (24.8% of total revenues) inched up 0.5% year over year to $3.39 billion. Break Down of Product Revenues Secure, Agile Networks (65.2% of total Product revenues) revenues increased 12% year over year to $6.09 billion.

Service revenues (24.8% of total revenues) inched up 0.5% year over year to $3.39 billion. Some better-ranked stocks in the broader Zacks Computer & Technology sector scheduled to report their earnings soon are Agilent A, Bilibili BILI and Coupa Software COUP. Cisco Systems CSCO reported first-quarter fiscal 2023 non-GAAP earnings of 86 cents per share, which beat the Zacks Consensus Estimate by 2.38%.

348.0

2022-11-16 00:00:00 UTC

Garmin (GRMN) Lifts Marine Segment With Signature 3i Speakers

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https://www.nasdaq.com/articles/garmin-grmn-lifts-marine-segment-with-signature-3i-speakers

Garmin GRMN introduced the Signature Series 3i 8.8” wake tower marine speakers under its brand Fusion Entertainment. The speakers come in Sports White and Sports Black, featuring a Sports Gray grille with a metallic paint finish. The speakers offer high-quality audio, subsiding the engine noise. Moreover, these are fashioned with CURV cone technology, achieving superior sound and higher power output. The latest marine speakers are compatible with a Fusion DSP-enabled stereo, including Apollo MS-RA770 and Fusion’s Apollo Series marine amplifiers. With the Signature Series 3i marine speakers, Garmin aims to provide boaters with an enhanced audio experience. This is expected to boost the adoption rate of Signature 3i speakers among people interested in water activities, thus contributing to top-line growth in the days ahead. Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Move to Boost Prospects The brand new Signature Series 3i marine speakers are likely to help Garmin expand its footprint in the booming marine audio system market. The underlined market is witnessing significant growth worldwide owing to increasing demand for recreational boating activities. The rise in recreational boating is prompting manufacturers to produce higher-quality audio systems with water- and ultraviolet-resistant features. This is fueling growth in the marine audio system market. Per a Business Research Insights report, the said market is expected to hit $1.77 billion by 2027, witnessing a CAGR of 11.4% between 2022 and 2027. Strong Marine Offerings The introduction of the Signature Series 3i marine speakers bodes well for Garmin’s growing efforts to expand its marine portfolio. Last month, Garmin unveiled the ECHOMAP UHD2 chartplotter series with high-contrast scanning sonar power, mapping and fish-finding features to help anglers with effective fishing. GRMN’s unveiling of the LiveScope Plus System with a sharper resolution, reduced noise and the clearest images for recreational fishing remains noteworthy. Further, Garmin offers Garmin Navionics+ and Garmin Navionics Vision+, thereby enhancing the navigation experience of mariners, boaters and anglers. Strengthening the marine solutions portfolio will continue to bolster the performance of the marine segment, which became integral to GRMN. This, in turn, is likely to aid Garmin in winning investors’ confidence in the near term. The marine segment generated sales of $196.5 million, accounting for 17% of total third-quarter 2022 revenues. Shares of GRMN have declined 32% in the year-to-date period, outperforming the Computer and Technology sector’s decline of 36.7%. Zacks Rank & Stocks to Consider Currently, Garmin carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and America Movil carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Agilent Technologies has lost 7.3% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. Asure Software has lost 11.3% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 14%. America Movil has lost 5.3% in the year-to-date period. The long-term earnings growth rate for AMX is currently projected at 25.7%. 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 >> 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 Garmin Ltd. (GRMN): Free Stock Analysis Report America Movil, S.A.B. de C.V. (AMX): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Asure Software Inc (ASUR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This is expected to boost the adoption rate of Signature 3i speakers among people interested in water activities, thus contributing to top-line growth in the days ahead. Last month, Garmin unveiled the ECHOMAP UHD2 chartplotter series with high-contrast scanning sonar power, mapping and fish-finding features to help anglers with effective fishing. GRMN’s unveiling of the LiveScope Plus System with a sharper resolution, reduced noise and the clearest images for recreational fishing remains noteworthy.

Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and America Movil carry a Zacks Rank #2 (Buy) at present. Asure Software Inc (ASUR): Free Stock Analysis Report

Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Move to Boost Prospects The brand new Signature Series 3i marine speakers are likely to help Garmin expand its footprint in the booming marine audio system market. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and America Movil carry a Zacks Rank #2 (Buy) at present.

This is fueling growth in the marine audio system market. Further, Garmin offers Garmin Navionics+ and Garmin Navionics Vision+, thereby enhancing the navigation experience of mariners, boaters and anglers. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and America Movil carry a Zacks Rank #2 (Buy) at present.

349.0

2022-11-16 00:00:00 UTC

3 Electronics Stocks With Upbeat Industry Prospects to Watch

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https://www.nasdaq.com/articles/3-electronics-stocks-with-upbeat-industry-prospects-to-watch

The Zacks Electronics – Testing Equipment industry has been benefiting from 5G-related growth opportunities, strengthening automation drive and the Industry 4.0 momentum for a while. A strong recovery in the automotive sector along with the growing proliferation of self-driving vehicles and solid prospects of Advanced Driver Assistance System (ADAS) remains a tailwind to the industry players. The increasing adoption of software-enabled testing instruments and devices remains another positive. Industry participants like Agilent Technologies A, AMETEK AME and Fortive FTV are well-poised to benefit from the aforesaid factors. However, widening supply-chain challenges, end-market volatility, inflationary pressures and growing geo-political tensions remain a concern for the underlined industry. Industry Description The Zacks Electronics – Testing Equipment industry comprises companies offering advanced instruments, electronic testing equipment solutions, thermal management systems, electrical connectors, and motors and various test solutions. The major end markets served by this industry are consumer, automobile, industrial, aerospace & defense, healthcare, semiconductors and communications, to name a few. The industry participants are continuously making technological advancements to gain traction among manufacturers of semiconductors, vehicles, machinery, smartphones and medical devices, who are constantly increasing their spending on electronic components. 3 Trends Shaping the Future of Electronics - Testing Equipment Industry 5G Prospects a Boon: The growing deployment of 5G holds near-term promises for the industry players. An uptick in demand for 5G test solutions, required for 5G deployment, is another major positive. The current coronavirus-triggered work-from-home and learn-from-home waves globally, which continue bolstering demand for high-speed Internet services, bode well for electronic companies that are enhancing their 5G efforts. The growing number of high-speed data centers worldwide is another tailwind. Given the upbeat scenario, the industry is anticipated to remain on the growth trajectory, backed by strong efforts made to reinforce the 5G strength. Solid Adoption of Motion Control & Test Systems is a Positive: The rising utilization of precision motion-control solutions and automatic test systems in motion-control devices and testing products, particularly in the aerospace, automation, medical and military markets, is an upside. Further, commercial motor and autonomous vehicles will likely continue to buoy demand for vehicle-tracking systems, fleet-management solutions and other private fleet applications, which are part of the industry’s key offerings. Synergies in Pharmaceutical Market Are Tailwinds: The industry is steadily gaining from the increasing use of electrical instruments and software to interrogate the biological properties of molecules and cells in clinical and medical science research. The rapid adoption of the solutions is anticipated to drive growth for participants in the pharmaceutical end-market. Agilent is capitalizing on the trend and gaining traction in the life science research space. The pharmaceutical market holds immense prospects, courtesy of the growing utilization of electronic testing equipment. Rising demand for RF test equipment by medical device manufacturers remains another uptrend. Zacks Industry Rank Indicates Bright Prospects The Zacks Electronics – Testing Equipment industry is housed within the broader Zacks Computer and Technology sector. It carries a Zacks Industry Rank #68, which places it in the top 27% of more than 250 Zacks industries. The group’s Zacks Industry Rank, basically the average of the Zacks Rank of all the member stocks, indicates solid 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 top 50% of the Zacks-ranked industries is a result of the positive earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are optimistic about this group’s earnings growth potential. Since Aug 31, 2022, the industry’s earnings estimates for the current year have moved up 0.6%. Before we present a few stocks worth considering for your portfolio, let’s look at the industry’s recent stock-market performance and the valuation picture. Industry Outperforms S&P 500 & Sector The Zacks Electronics – Testing Equipment Industry has outerformed the Zacks S&P 500 composite and the broader Zacks Computer and Technology sector in the past year. The companies in the industry have collectively lost 15.4% compared with the S&P 500 and the Computer and Technology sector’s decline of 17.1% and 34.1%, respectively, in the said time period. One-Year Price Performance Industry's Current Valuation Based on the forward 12-month price-to-earnings ratio (P/E), a commonly used multiple for valuing the Electronics – Testing Equipment stocks, the industry is currently trading at 24.51X, higher than the S&P 500’s 17.5X and the sector’s 20.96X. Over the past five years, the industry has traded as high as 31.87X and as low as 18.87X, with a median of 23.78X as the chart below shows. Price/Earnings Ratio (F12M) 3 Testing Equipment Stocks to Keep a Close Eye on Agilent: This Palo Alto, CA-based entity is gaining from solid momentum across both small and large molecule applications, which is strengthening its presence in the pharmaceutical market. Strength in Cell Analysis, Liquid Chromatography and Mass Spectrometry platforms remains a tailwind. This presently Zacks Rank #2 (Buy) player, an original equipment manufacturer of a broad-based portfolio of test and measurement products serving multiple end markets, is experiencing strong momentum across chemical and energy, food, and environmental and forensics markets. A’s solid execution of its cross-lab strategy and a consistent focus on aligning investments with more attractive growth avenues and innovative high-margin product launches remain a positive. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Shares of Agilent have lost 8.3% in the past year. The Zacks Consensus Estimate for fiscal 2023 earnings has been revised 0.2% upward over the past 60 days to $5.48 per share. Price and Consensus: A AMETEK: This Berwyn, PA-based player is gaining on solid contributions from the Magnetrol International and Crank Software acquisitions, which are driving growth in its Electronic Instruments segment. Benefits from the Pacific Design Technologies buyout are aiding the Electromechanical segment. Further, rising demand for precision motion control solutions remains a major tailwind. AME, a manufacturer of electronic appliances and electromechanical devices, remains optimistic about its AMETEK Growth Model. This Zacks #2 Ranked player’s proper execution of its four core growth strategies, namely operational excellence,global marketexpansion, investments in product development and acquisitions, are expected to constantly aid its finances in the near term. The stock has dipped 2% in the past year. The Zacks Consensus Estimate for AME’s 2022 earnings has been revised 1.4% upward over the past 60 days to $5.60 per share. Price and Consensus: AME Fortive: This Everett, WA-based entity is benefiting from the strong demand trends for software offerings and their increased orders. A solid momentum across the Fortive Business System tools remains a key catalyst. Another positive is strengthening momentum across Intelligent Operating Solutions and Precision Technologies. Further, FTV is benefiting from increased orders for both software and hardware offerings. Additionally, solid prospects from its Advanced Healthcare Solutions remain noteworthy. The currently Zacks Rank #3 (Hold) player, a provider of industrial technology and professional instrumentation solutions, is experiencing strong demand for CensiTrac and Provation SaaS offerings. Frequent product launches and synergies from acquisitions are likely to continue contributing to its financial performance in the near term. The stock has lost 15.1% in the past year. The Zacks Consensus Estimate for Fortive’s 2022 earnings has been revised 0.3% upward over the past 60 days to $3.12 per share. Price and Consensus: FTV Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale. Download FREE: How To Profit From Trillions On Spending For Infrastructure >> 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report AMETEK, Inc. (AME): Free Stock Analysis Report Fortive Corporation (FTV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Synergies in Pharmaceutical Market Are Tailwinds: The industry is steadily gaining from the increasing use of electrical instruments and software to interrogate the biological properties of molecules and cells in clinical and medical science research. Price/Earnings Ratio (F12M) 3 Testing Equipment Stocks to Keep a Close Eye on Agilent: This Palo Alto, CA-based entity is gaining from solid momentum across both small and large molecule applications, which is strengthening its presence in the pharmaceutical market. This Zacks #2 Ranked player’s proper execution of its four core growth strategies, namely operational excellence,global marketexpansion, investments in product development and acquisitions, are expected to constantly aid its finances in the near term.

Industry Description The Zacks Electronics – Testing Equipment industry comprises companies offering advanced instruments, electronic testing equipment solutions, thermal management systems, electrical connectors, and motors and various test solutions. Solid Adoption of Motion Control & Test Systems is a Positive: The rising utilization of precision motion-control solutions and automatic test systems in motion-control devices and testing products, particularly in the aerospace, automation, medical and military markets, is an upside. This presently Zacks Rank #2 (Buy) player, an original equipment manufacturer of a broad-based portfolio of test and measurement products serving multiple end markets, is experiencing strong momentum across chemical and energy, food, and environmental and forensics markets.

Industry Description The Zacks Electronics – Testing Equipment industry comprises companies offering advanced instruments, electronic testing equipment solutions, thermal management systems, electrical connectors, and motors and various test solutions. Zacks Industry Rank Indicates Bright Prospects The Zacks Electronics – Testing Equipment industry is housed within the broader Zacks Computer and Technology sector. Industry Outperforms S&P 500 & Sector The Zacks Electronics – Testing Equipment Industry has outerformed the Zacks S&P 500 composite and the broader Zacks Computer and Technology sector in the past year.

Industry participants like Agilent Technologies A, AMETEK AME and Fortive FTV are well-poised to benefit from the aforesaid factors. Industry Outperforms S&P 500 & Sector The Zacks Electronics – Testing Equipment Industry has outerformed the Zacks S&P 500 composite and the broader Zacks Computer and Technology sector in the past year. Download FREE: How To Profit From Trillions On Spending For Infrastructure >>

350.0

2022-11-14 00:00:00 UTC

Semtech's (SMTC) New Tie-Up to Enhance Asset Tracking Devices

A

https://www.nasdaq.com/articles/semtechs-smtc-new-tie-up-to-enhance-asset-tracking-devices

Semtech Corporation SMTC is consistently building partnerships on the back of robust LoRa technological solutions. This is evident from SMTC’s recent collaboration with Sweden-based deep tech company Exeger. Per the terms of the deal, Semtech’s LoRa Edge asset management platform will be combined with Exeger’s Powerfoyle solar cell technology to boost the battery life of asset tracking and environmental sensing devices. The recent partnership is expected to cater to the growing needs of solar-powered tracking applications for geolocation use cases, including indoor and outdoor asset tracking, global supply-chain logistics, agriculture, smart utilities and smart cities. Semtech Corporation Price and Consensus Semtech Corporation price-consensus-chart | Semtech Corporation Quote LoRa Portfolio Strength Semtech keeps working toward expanding its LoRa offerings to provide advanced technology-based solutions to customers. SMTC recently introduced the LoRa Developer Portal to help developers quickly develop IoT devices connected to the LoRaWAN standard. Semtech also added multi-band features to the LoRa Edge device-to-Cloud geolocation platform to focus on the challenges faced by the logistics industry. Further, Semtech expanded the LoRa Core portfolio by adding a solution called LoRa Corecell Reference Design for full-duplex gateway applications to the U.S. 902-928MHz ISM band. The new product enables LoRaWAN gateways to simultaneously receive and transmit data. Growing Customer Base Semtech’s strength in LoRa solutions is continuously helping it attract customers as well retain the old ones. SMTC recently expanded its partnership with New Zealand-based IoT Ventures and global connectivity provider Lacuna Space. The latter will use LoRa devices of the former in early warning system for droughts to provide access to clean drinking water for citizens of the remote Pacific islands. This apart, Semtech’s LoRa long-range modem is incorporated into REYAX’s new antenna transceiver module, the REYAX RYLR998, which makes it usable across various IoT use cases, such as smart homes and asset tracking. Additionally, Semtech partnered with ICT International, wherein the latter integrated Semtech’s LoRa devices and LoRaWAN standard into its water-quality monitoring systems for aquaculture. SMTC’s LoRa devices & LoRaWAN standard are also incorporated into Enthu Technology Solutions and Xorowin Mechatronics’ SIPOAL to provide constant real-time connectivity for industrial use cases. Semtech’s growing momentum among customers will continue to drive its top line in the days ahead. Evidently, this will help SMTC win investors’ confidence in the near term and the long haul. Shares of Semtech have been down 65.4% in the year-to-date period, lagging the Computer and Technology sector’s decline of 31.3%. Zacks Rank & Stocks to Consider Currently, Semtech carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and Amercia Movil carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Agilent Technologies has lost 7.1% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. Asure Software has lost 14% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 14%. America Movil has lost 4.8% in the year-to-date period. The long-term earnings growth rate for AMX is currently projected at 25.7%. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They’re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! 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 America Movil, S.A.B. de C.V. (AMX): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Semtech Corporation (SMTC): Free Stock Analysis Report Asure Software Inc (ASUR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Semtech also added multi-band features to the LoRa Edge device-to-Cloud geolocation platform to focus on the challenges faced by the logistics industry. The latter will use LoRa devices of the former in early warning system for droughts to provide access to clean drinking water for citizens of the remote Pacific islands. SMTC’s LoRa devices & LoRaWAN standard are also incorporated into Enthu Technology Solutions and Xorowin Mechatronics’ SIPOAL to provide constant real-time connectivity for industrial use cases.

Semtech Corporation Price and Consensus Semtech Corporation price-consensus-chart | Semtech Corporation Quote LoRa Portfolio Strength Semtech keeps working toward expanding its LoRa offerings to provide advanced technology-based solutions to customers. While Asure Software sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and Amercia Movil carry a Zacks Rank #2 (Buy) at present. Semtech Corporation (SMTC): Free Stock Analysis Report

Semtech Corporation Price and Consensus Semtech Corporation price-consensus-chart | Semtech Corporation Quote LoRa Portfolio Strength Semtech keeps working toward expanding its LoRa offerings to provide advanced technology-based solutions to customers. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX. Semtech Corporation (SMTC): Free Stock Analysis Report

Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX. And in a new FREE report, Zacks is revealing those stocks to you. Semtech Corporation SMTC is consistently building partnerships on the back of robust LoRa technological solutions.

351.0

2022-11-11 00:00:00 UTC

Carrier (CARR) to Aid Cold-Chain in Africa With Recent Tie-Ups

A

https://www.nasdaq.com/articles/carrier-carr-to-aid-cold-chain-in-africa-with-recent-tie-ups

Carrier Global Corporation CARR joined forces with the United Nations World Food Programme (WFP) and the African Centre of Excellence for Sustainable Cooling and cold-chain (ACES). Per the terms of the partnership, Carrier and the international organizations will make enhancements in cold-chain development and training in Africa. With effective refrigeration and cold-chain technology, the alliance thrives to avoid food loss, which will positively impact farmers, manufacturers and customers in the continent. CARR and ACES entered into an agreement to build a cold chain center in Kigali, Rwanda, to offer capacity building for farmers and refrigeration technicians, skill development for students and supply-chain professionals, and sustainable cold-chain solutions across Africa. In collaboration with WFP and other leading companies, Carrier is developing a world-class Transport Training Centre in Accra, Ghana, to advance transport and logistics capacities across West Africa. It also aims to provide free online and hands-on training to nearly 400 people per year. Carrier Global Corporation Price and Consensus Carrier Global Corporation price-consensus-chart | Carrier Global Corporation Quote Recent Efforts on Cold-Chain Solutions The latest collaboration bodes well for CARR’s growing focus on expanding its cold-chain solutions to reduce hunger, food insecurity and carbon emissions, thereby improving public health. This apart, in July, Carrier’s subsidiary Carrier Commercial Refrigeration came up with an EasyCube plug-in island cabinet for chilled and frozen products. The cabinet features automatic defrost and drip water evaporation, provides optimum product visibility and can be operated at two temperature classes. In June, Carrier’s subsidiary PROFROID expanded its range of QuietCO2OL MC compact indoor refrigeration units with more than 20 new models. The latest models feature semi-hermetic compressors, making the QuietCO2OL MC provide large convenience stores with greater cooling capacities. Carrier’s brand Carrier Transicold introduced its Vector eCool units in Australia in April. Vector eCool is a fully electric trailer refrigeration unit operating autonomously without a diesel engine. These growing endeavors are expected to help Carrier gain momentum among customers, which in turn, is likely to contribute to its refrigeration segment in the days ahead. The underlined segment generated revenues of $1.04 billion, accounting for 20% of the total third-quarter 2022 revenues, which increased 2% from the year-ago quarter’s level. Strengthening Cold-Chain and Refrigeration Prospects Carrier’s growing refrigeration products and cold-chain solutions are expected to continuously help it expand its footprint in the booming commercial refrigeration equipment and cold-chain markets. Per a Future Market Insights report, the commercial refrigeration equipment market is expected to exceed revenues worth $51.8 million by this year-end. The report also states that the market is likely to witness a CAGR of 4% between 2022 and 2029. According to a Grand View Research report, the global cold chain market is likely to see a CAGR of 17.1% during the 2022-2030 forecast period. We believe, Carrier’s strengthening efforts in these growing markets will help it win investors’ confidence in the near term and the long haul. Shares of Carrier have been down 19.8% in the year-to-date period, outperforming the Computer and Technology sector’s decline of 42.1%. Zacks Rank & Stocks to Consider Currently, Carrier carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX, 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. Agilent Technologies has lost 8.5% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. Asure Software has lost 13.8% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 14%. America Movil has lost 5.3% in the year-to-date period. The long-term earnings growth rate for AMX is currently projected at 25.7%. 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 >> 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 America Movil, S.A.B. de C.V. (AMX): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Asure Software Inc (ASUR): Free Stock Analysis Report Carrier Global Corporation (CARR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Carrier Global Corporation CARR joined forces with the United Nations World Food Programme (WFP) and the African Centre of Excellence for Sustainable Cooling and cold-chain (ACES). With effective refrigeration and cold-chain technology, the alliance thrives to avoid food loss, which will positively impact farmers, manufacturers and customers in the continent. The latest models feature semi-hermetic compressors, making the QuietCO2OL MC provide large convenience stores with greater cooling capacities.

Carrier Global Corporation Price and Consensus Carrier Global Corporation price-consensus-chart | Carrier Global Corporation Quote Recent Efforts on Cold-Chain Solutions The latest collaboration bodes well for CARR’s growing focus on expanding its cold-chain solutions to reduce hunger, food insecurity and carbon emissions, thereby improving public health. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX, each carrying a Zacks Rank #2 (Buy) at present. Carrier Global Corporation (CARR): Free Stock Analysis Report

Carrier Global Corporation Price and Consensus Carrier Global Corporation price-consensus-chart | Carrier Global Corporation Quote Recent Efforts on Cold-Chain Solutions The latest collaboration bodes well for CARR’s growing focus on expanding its cold-chain solutions to reduce hunger, food insecurity and carbon emissions, thereby improving public health. Strengthening Cold-Chain and Refrigeration Prospects Carrier’s growing refrigeration products and cold-chain solutions are expected to continuously help it expand its footprint in the booming commercial refrigeration equipment and cold-chain markets. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX, each carrying a Zacks Rank #2 (Buy) at present.

Strengthening Cold-Chain and Refrigeration Prospects Carrier’s growing refrigeration products and cold-chain solutions are expected to continuously help it expand its footprint in the booming commercial refrigeration equipment and cold-chain markets. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX, each carrying a Zacks Rank #2 (Buy) at present. Carrier Global Corporation CARR joined forces with the United Nations World Food Programme (WFP) and the African Centre of Excellence for Sustainable Cooling and cold-chain (ACES).

352.0

2022-11-10 00:00:00 UTC

RingCentral (RNG) Q3 Earnings Top Estimates, Revenues Up Y/Y

A

https://www.nasdaq.com/articles/ringcentral-rng-q3-earnings-top-estimates-revenues-up-y-y-0

RingCentral RNG reported third-quarter 2022 non-GAAP earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate by 7.84% and jumped 52.8% year over year. Net revenues of $509 million also beat the consensus mark by 1.21% and increased 22.8% year over year. The results reflect solid demand for RingCentral’s cloud-communication solutions. Quarter Details Software subscription (94.9% of total revenues) revenues increased 25.4% year over year to $483.2 million. Other revenues (5.1% of total revenues) declined 11.6% year over year to $25.8 million. Annualized Exit Monthly Recurring Subscriptions (“ARR”) increased 25% year over year to $2.05 billion. Mid-market and Enterprise ARR increased 29% year over year to $1.25 billion. Ringcentral, Inc. Price, Consensus and EPS Surprise Ringcentral, Inc. price-consensus-eps-surprise-chart | Ringcentral, Inc. Quote Third-quarter 2022 non-GAAP gross margin contracted 90 basis points (bps) from the year-ago quarter to 77.2%. On a non-GAAP basis, research & development expenses increased 4.1% year over year to $60.7 million. Sales and marketing expenses were up 20.5% to $220.7 million. General and administrative expenses rose 10.6% to $43 million in the reported quarter. On a non-GAAP basis, operating income was $68.7 million, up 57.7% year over year. Non-GAAP operating margin expanded 300 bps from the year-ago quarter to 13.5%. Balance Sheet As of Sep 30, 2022, cash and cash equivalents were $305.4 million compared with $306 million as of Jun 30, 2022. As of Sep 30, 2022, cash flow from operations was $42.3 million. Non-GAAP free cash flow was $20.5 million. Key Q3 Developments During the reported quarter, RingCentral announced advanced and highly differentiated AI-driven video meeting capabilities, along with extended browser support for RingCentral MVP and RingCentral Video customers. RingCentral announced new advanced cloud phone and platform innovations, including new enhancements to Salesforce and HubSpot integrations, as well as bulk number management capabilities. Guidance For the fourth quarter of 2022, RingCentral expects revenues between $523 million and $529 million, indicating year-over-year growth of 17-18%. Moreover, subscription revenues for the quarter are expected between $501.5 million and $506.5 million, indicating year-over-year growth of 19-21%. Non-GAAP operating margin is expected to be 14% for the fourth quarter. Earnings are expected between 59 cents and 60 cents per share. For 2022, RingCentral now expects revenues between $1.987 billion and $1.993 billion, indicating year-over-year growth of 25%. Further, subscription revenues for the year are expected between $1.888 billion and $1.893 billion, implying year-over-year growth of 27-28%. The company reiterated the midpoint of $1.890 billion. Non-GAAP operating margin is expected to be 12.4% for full-year 2022, up from the previous guidance of 12%. Earnings are expected between $1.97 and $1.98 per share compared with the previous guidance of $1.91-$1.95 per share. Zacks Rank & Stocks to Consider Currently, RingCentral has a Zacks Rank #3 (Hold). RingCentral shares have lost 84.9% year to date, underperforming the Zacks Computer & Technology sector’s decline of 36.6%. Zscaler ZS, StoneCo STNE, and Agilent Technologies A are some better-ranked stocks that investors can consider in the broader sector. All three stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Zscaler shares are down 63.9% year to date. ZS is set to report its first-quarter fiscal 2023 results on Dec 1. StoneCo shares are down 39.4% year to date. STNE is set to report its third-quarter 2022 results on Nov 17. Agilent shares are down 14.2% year to date. A is set to report its fourth-quarter fiscal 2022 results on Nov 21. Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation. >>Send me my free report on the top 5 EV stocks 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report Ringcentral, Inc. (RNG): Free Stock Analysis Report Zscaler, Inc. (ZS): Free Stock Analysis Report StoneCo Ltd. (STNE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

RingCentral announced new advanced cloud phone and platform innovations, including new enhancements to Salesforce and HubSpot integrations, as well as bulk number management capabilities. RingCentral shares have lost 84.9% year to date, underperforming the Zacks Computer & Technology sector’s decline of 36.6%. Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.

RingCentral RNG reported third-quarter 2022 non-GAAP earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate by 7.84% and jumped 52.8% year over year. On a non-GAAP basis, research & development expenses increased 4.1% year over year to $60.7 million. Guidance For the fourth quarter of 2022, RingCentral expects revenues between $523 million and $529 million, indicating year-over-year growth of 17-18%.

RingCentral RNG reported third-quarter 2022 non-GAAP earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate by 7.84% and jumped 52.8% year over year. Quarter Details Software subscription (94.9% of total revenues) revenues increased 25.4% year over year to $483.2 million. Guidance For the fourth quarter of 2022, RingCentral expects revenues between $523 million and $529 million, indicating year-over-year growth of 17-18%.

Non-GAAP free cash flow was $20.5 million. Guidance For the fourth quarter of 2022, RingCentral expects revenues between $523 million and $529 million, indicating year-over-year growth of 17-18%. Agilent Technologies, Inc. (A): Free Stock Analysis Report

353.0

2022-11-09 00:00:00 UTC

Garmin (GRMN) Boosts Wearable Portfolio With Instinct Watch

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https://www.nasdaq.com/articles/garmin-grmn-boosts-wearable-portfolio-with-instinct-watch

Garmin GRMN expanded the Instinct family of rugged smartwatches with the recent addition of the Instinct Crossover smartwatch. Instinct Crossover features Super-LumiNova-coated analog hands and a chapter ring to show ruggedness for any activity. The watch is powered by RevoDrive analog hand technology to show accurate timing even in the harshest activities and environments, making it suitable for customers with different outdoor preferences. Instinct Crossover is thermal and shock resistant, with the ability to offer nearly a month of battery life in smartwatch mode and more than 110 hours in GPS mode. Users can connect the smartwatch to their smartphone device to get notifications on their wrists. They can also avail health and wellness features on the smartwatch to keep track of their well-being. The above-mentioned features are expected to boost the adoption rate of the Instinct Crossover smartwatch in the days ahead. With the introduction of the Instinct Crossover smartwatch, Garmin expanded its portfolio of wearable offerings. Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Growing Smartwatch Offerings In addition to the latest smartwatch, last month, Garmin unveiled a collection of second-generation MARQ watches to serve users with different outdoor preferences. In September, Garmin released the Black Panther watch, a special edition vívofit jr. 3, to provide children with an enhanced fitness tracking experience. In August, Garmin unveiled the Enduro 2 multisport GPS smartwatch featuring an LED flashlight, music, enhanced positioning precision and a battery life of up to 150 hours in GPS mode. In June, Garmin introduced the Forerunner 955 Solar smartwatch, featuring solar charging, longer battery life, multi-satellite system tracking, and health and wellness tracking. Garmin’s expanding smartwatch offerings are expected to continue helping it solidify its presence in the booming smartwatch as well as the wearable market. According to a Facts & Factors report, the global smartwatch market is likely to reach $97.5 billion by 2028, witnessing a CAGR of 21.5% between 2022 and 2028. Per a Data Bridge Market Research report, the global wearable devices market is anticipated to hit $460.3 billion by 2029, seeing a CAGR of 18.8% during the 2022-2029 period. We believe that Garmin’s prospects in these booming markets are likely to aid it in gaining investors’ confidence in the near term. Shares of GRMN have been down 36.3% in the year-to-date period, outperforming the Computer and Technology sector’s decline of 37.1%. Solidifying Outdoor Segment The introduction of the Instinct Crossover smartwatch bodes well for Garmin’s consistent efforts in strengthening the outdoor segment. In addition to the latest move, GRMN had launched a communication-focused device named inReach Messenger in September for two-way texting, location sharing and SOS sending. Garmin also released the Delta SE handheld and collar to enable users with simplified dog-training capabilities. The consistent launch of outdoor offerings is expected to help Garmin gain momentum among its outdoor enthusiasts. This, in turn, will boost the outdoor segment’s performance in the days ahead. The underlined segment generated $340.4 million, accounting for 30% of the total third-quarter 2022 revenues, up 5% from the year-ago quarter’s figure. Zacks Rank & Stocks to Consider Currently, Garmin carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX, 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. Agilent Technologies has lost 13.1% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. Asure Software has lost 14.4% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 14%. America Movil has lost 5% in the year-to-date period. The long-term earnings growth rate for AMX is currently projected at 25.7%. 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 >> 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 Garmin Ltd. (GRMN): Free Stock Analysis Report America Movil, S.A.B. de C.V. (AMX): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Asure Software Inc (ASUR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The watch is powered by RevoDrive analog hand technology to show accurate timing even in the harshest activities and environments, making it suitable for customers with different outdoor preferences. In September, Garmin released the Black Panther watch, a special edition vívofit jr. 3, to provide children with an enhanced fitness tracking experience. In addition to the latest move, GRMN had launched a communication-focused device named inReach Messenger in September for two-way texting, location sharing and SOS sending.

Per a Data Bridge Market Research report, the global wearable devices market is anticipated to hit $460.3 billion by 2029, seeing a CAGR of 18.8% during the 2022-2029 period. Solidifying Outdoor Segment The introduction of the Instinct Crossover smartwatch bodes well for Garmin’s consistent efforts in strengthening the outdoor segment. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX, each carrying a Zacks Rank #2 (Buy) at present.

Garmin GRMN expanded the Instinct family of rugged smartwatches with the recent addition of the Instinct Crossover smartwatch. Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Growing Smartwatch Offerings In addition to the latest smartwatch, last month, Garmin unveiled a collection of second-generation MARQ watches to serve users with different outdoor preferences. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX, each carrying a Zacks Rank #2 (Buy) at present.

The above-mentioned features are expected to boost the adoption rate of the Instinct Crossover smartwatch in the days ahead. Garmin’s expanding smartwatch offerings are expected to continue helping it solidify its presence in the booming smartwatch as well as the wearable market. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Asure Software ASUR and America Movil AMX, each carrying a Zacks Rank #2 (Buy) at present.

354.0

2022-11-09 00:00:00 UTC

Billionaire Snapshots: The Oracle of Omaha and What He's Buying Even in the Face of a Recession

A

https://www.nasdaq.com/articles/billionaire-snapshots%3A-the-oracle-of-omaha-and-what-hes-buying-even-in-the-face-of-a

C PI data, Fed rate hikes, and odds of a recession — these stories are dominating the financial news headlines. They keep you informed, but hearing that the consumer price index (CPI) rose 0.4% in September doesn’t do you a lot of good on its own for making investing decisions. What is worth your time is knowing what stocks the most successful investors in the world are buying and selling and seeing what our tools and systems have to say about them. Because when a billionaire investor like Warren Buffett hears the word “recession,” he doesn’t stick his head in the sand and wait for things to get better — he goes on a shopping spree. From 2008 to 2011, Buffett invested in companies like Mars, Goldman Sachs Group Inc. (GS) and Bank of America Corp. (BAC) — giant, blue-chip companies that he knew had strong business fundamentals that could weather the economic storm and, eventually, emerge stronger than before. With patience on his side, Buffett was rewarded. His payoff on the blue-chip deals he made from 2008 to 2011 was $10 billion by October 2013. Today, in Billionaire Snapshots, we’re looking at one of the latest moves Buffett has made in the face of an economic downturn. We’ll also check out what our tools are saying about the stock. But first, we also want to share a bit of Buffett’s background so that all our TradeSmith Daily readers have a fundamental understanding of what shaped him and his investing strategy. That way, you can apply what Buffett has learned to your own investing process. Warren Buffett CEO of Berkshire Hathaway Inc. (BRK.A) Known for value investing Net worth of $95.5 billion Famous quote: “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.” Buffett caught the investing bug early. He was only 11 when he made his first investment, buying three shares of Cities Service preferred stock at $38 per share. Even then, Buffett’s “buy and hold” philosophy of investing was taking shape: He hung on as the stock suffered a harrowing drop to $27, then sold his shares once they reached $40, booking a modest profit. As Buffett put it in a 2019 letter to Berkshire Hathaway shareholders, “I had become a capitalist, and it felt good.” Buffett continued to follow that good feeling throughout his youth, earning money by delivering newspapers, washing cars, and partnering with a friend to run a pinball machine business that he ended up selling for more than $1,000. He supplemented his practical experience by reading books about investing, and at 19, Buffett stumbled upon a book that would define his approach to investing: “The Intelligent Investor,” by Benjamin Graham. In the book, Graham outlined the tenets of value investing, the practice of seeking out and buying undervalued stocks — a strategy that would become the foundation of Buffett’s success. After receiving degrees from the University of Nebraska and the Columbia Business School (where Graham was his professor), working as an analyst for Graham’s investment firm, and running an investment firm of his own, Buffett turned his attention to Berkshire Hathaway, a textile manufacturer. The struggling company’s cheap share price appealed to Buffett, and by 1969 he had scooped enough shares to have a controlling stake and transform it into the investing conglomerate it is today. Buffett knows who he is as an investor, always focusing on a value approach, and it’s an understatement to say it has served him well. He reached billionaire status in 1986, at the age of 56. Today, nearly 40 years later, Buffett’s net worth is $98.2 billion. Buffett’s Philosophy in Action Part of Buffett’s investing philosophy is to be patient and wait for the right opportunity. In his words, “the trick in investing is just to sit there and watch pitch after pitch go by and wait for the one right in your sweet spot. And if people are yelling, ‘Swing, you bum!,’ ignore them.” He’s been questioned for holding on to too much cash in the past: But again, Buffett is fine waiting for those pitches to pass him by as he waits for one right in the sweet spot. That’s when he deploys his cash and, as his net worth shows us, gets the last laugh. And one stock Buffett is swinging away at is Occidental Petroleum Corp. (OXY) It’s one of the largest upstream (oil discovery, extraction, and production) oil companies, and it also operates midstream (processing, storing, transporting, and marketing) operations and chemical businesses. What Buffett may like about the oil and natural gas industry is that it is still expected to have increased demand even as renewable energy sources become more popular, making it a long-term investment that fits into his ideal time frame for owning a company: forever. Looking into the company’s financial operations reveals even more reasons for the Oracle of Omaha to like this investment. Buffett is famous for not paying Berkshire shareholders a dividend, but he loves shareholder-friendly moves, like dividend payments and stock buybacks, for his own investments. After previously cutting its dividend payout to just one penny, OXY boosted its dividend to $0.13 per share in March, which now provides shareholders with a yield of 0.77%. With more than 194 million shares, that adds up to $25 million in dividend payouts over the course of the year. OXY also plans to repurchase $3 billion worth of shares by the end of this year. Most recently, Berkshire bought roughly $350 million worth of OXY shares between Sept. 26 and Sept. 28, with prices ranging from $57.91 to $61.38 per share. That brought Berkshire’s total stake in OXY to 20.9%, and Berkshire has approval to purchase up to 50% of the company. Putting OXY under the TradeSmith microscope, its investment risk is considered sky high, as it has a Volatility Quotient (VQ) of 55.56%, which is something risk-averse members should keep in mind. VQ Level Breakdown: Up to 15% = Low Risk 15%-30% = Medium Risk 30%-50% = High Risk 50% and above = Sky-High Risk But the stock is in our Health Indicator Green Zone, meaning it’s currently considered a “buy.” OXY also fits into TradeSmith Senior Analyst Mike Burnick’s belief that we’re entering a “commodity supercycle” and that will benefit energy, particularly oil and natural gas, as it’s been a sector underinvested in for years. You can access Part 1 of Mike’s free report here. And you can access Part 2 of Mike’s free report here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Because when a billionaire investor like Warren Buffett hears the word “recession,” he doesn’t stick his head in the sand and wait for things to get better — he goes on a shopping spree. Even then, Buffett’s “buy and hold” philosophy of investing was taking shape: He hung on as the stock suffered a harrowing drop to $27, then sold his shares once they reached $40, booking a modest profit. What Buffett may like about the oil and natural gas industry is that it is still expected to have increased demand even as renewable energy sources become more popular, making it a long-term investment that fits into his ideal time frame for owning a company: forever.

Because when a billionaire investor like Warren Buffett hears the word “recession,” he doesn’t stick his head in the sand and wait for things to get better — he goes on a shopping spree. Warren Buffett CEO of Berkshire Hathaway Inc. (BRK.A) Known for value investing Net worth of $95.5 billion Famous quote: “Rule No. After receiving degrees from the University of Nebraska and the Columbia Business School (where Graham was his professor), working as an analyst for Graham’s investment firm, and running an investment firm of his own, Buffett turned his attention to Berkshire Hathaway, a textile manufacturer.

Warren Buffett CEO of Berkshire Hathaway Inc. (BRK.A) Known for value investing Net worth of $95.5 billion Famous quote: “Rule No. After receiving degrees from the University of Nebraska and the Columbia Business School (where Graham was his professor), working as an analyst for Graham’s investment firm, and running an investment firm of his own, Buffett turned his attention to Berkshire Hathaway, a textile manufacturer. Buffett’s Philosophy in Action Part of Buffett’s investing philosophy is to be patient and wait for the right opportunity.

Warren Buffett CEO of Berkshire Hathaway Inc. (BRK.A) Known for value investing Net worth of $95.5 billion Famous quote: “Rule No. Even then, Buffett’s “buy and hold” philosophy of investing was taking shape: He hung on as the stock suffered a harrowing drop to $27, then sold his shares once they reached $40, booking a modest profit. Today, nearly 40 years later, Buffett’s net worth is $98.2 billion.

355.0

2022-11-09 00:00:00 UTC

Ziff Davis (ZD) Q3 Earnings Meet Estimates, Revenues Fall Y/Y

A

https://www.nasdaq.com/articles/ziff-davis-zd-q3-earnings-meet-estimates-revenues-fall-y-y

Ziff Davis ZD reported adjusted earnings of $1.58 per share in third-quarter 2022, which met the Zacks Consensus Estimate and increased 6% year over year. Revenues totaled $341.9 million in the quarter, which missed the Zacks Consensus Estimate by 2.01% and declined 3.7% from the year-ago quarter. The fall in Ziff Davis’ total revenues is due to a loss in the advertising business segment. Quarter in Detail Advertising revenues of $187 million (54.7% of total revenues) declined 6% year over year. The current global supply-chain disruptions and rising inflation impacted Ziff Davis’ clients negatively and reduced their advertising budgets. The net retention rate of 94.1% in the third quarter declined from the year-ago quarter’s rate of 114.1%. The total number of advertisers improved 2.4% to 1,953 in the third quarter. Quarterly revenue per advertiser declined 8.1% year over year to $95.7 million. Subscription revenues of $143 million (41.8% of total revenues) increased 5.9% year over year. The total number of subscribers improved 33.2% to 3050 in the third quarter. Average quarterly revenue per subscriber, however, decreased 20.7% year over year to $46.87 million. Digital Revenues of $263.7 million (77.1% of total revenues) increased 0.6% from the year-ago period’s number. Cybersecurity and Martech revenues of $78.2 million (22.9% of total revenues) decreased 15.8%. Ziff Davis, Inc. Price, Consensus and EPS Surprise Ziff Davis, Inc. price-consensus-eps-surprise-chart | Ziff Davis, Inc. Quote Adjusted non-GAAP sales and marketing, and general & administrative expenses contracted 60 basis points (bps) and 80 bps to 5.4% and 8.2%, respectively, from the corresponding year-ago quarter’s readings. Adjusted research, development & engineering expenses also contracted 30 bps to 8.8%. In the third quarter, adjusted EBITDA increased 0.3% to $120.1 million from the year-ago quarter’s level. Balance Sheet and Cash Flow As of Sep 30, 2022, cash, cash equivalents and investments were $801 million compared with $849.3 million as of Jun 30, 2022. Cash flow from operations was $100.7 million in the third quarter compared with the second-quarter 2022 cash flow of $76 million. As of Sep 30, 2022, total gross debt was $1.01 billion compared with $1.11 billion as of Jun 30, 2022. Guidance For 2022, ZD expects total revenues of $1.390-$1.4 billion. Adjusted EBITDA is expected between $507 million and $513 million. For the full year, Ziff Davis expects adjusted earnings per share between $6.70 and $6.80. Zacks Rank & Stocks to Consider Ziff Davis currently has a Zacks Rank #3 (Hold). ZD’s shares have fallen 33.4% against the Zacks Computer and Technology sector’s decline of 63.1% in the year-to-date period. Here are some better-ranked stocks in the broader sector. Tencent Music Entertainment Group TME has a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. TME shares have lost 43.3% in the year-to-date period compared with the Zacks Internet - Content industry’s decline of 33.7%. The Trade DeskTTD has a Zacks Rank #2 at present. TTD shares have lost 52.6% in the year-to-date period compared with the Zacks Internet - Services industry’s decline of 41.1%. Agilent Technologies A has a Zacks Rank #2 at present. Agilent Technology shares have lost 13.1% in the year-to-date period compared with the Zacks Electronics - Testing Equipment industry’s decline of 20.3%. 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 >> 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report The Trade Desk (TTD): Free Stock Analysis Report Tencent Music Entertainment Group Sponsored ADR (TME): Free Stock Analysis Report Ziff Davis, Inc. (ZD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The current global supply-chain disruptions and rising inflation impacted Ziff Davis’ clients negatively and reduced their advertising budgets. Agilent Technology shares have lost 13.1% in the year-to-date period compared with the Zacks Electronics - Testing Equipment industry’s decline of 20.3%. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Tencent Music Entertainment Group TME has a Zacks Rank #2 (Buy) at present. Tencent Music Entertainment Group Sponsored ADR (TME): Free Stock Analysis Report Ziff Davis, Inc. (ZD): Free Stock Analysis Report

Ziff Davis ZD reported adjusted earnings of $1.58 per share in third-quarter 2022, which met the Zacks Consensus Estimate and increased 6% year over year. Revenues totaled $341.9 million in the quarter, which missed the Zacks Consensus Estimate by 2.01% and declined 3.7% from the year-ago quarter. Quarter in Detail Advertising revenues of $187 million (54.7% of total revenues) declined 6% year over year.

Quarter in Detail Advertising revenues of $187 million (54.7% of total revenues) declined 6% year over year. ZD’s shares have fallen 33.4% against the Zacks Computer and Technology sector’s decline of 63.1% in the year-to-date period. Ziff Davis, Inc. (ZD): Free Stock Analysis Report

356.0

2022-11-09 00:00:00 UTC

Jack Henry (JKHY) Q1 Earnings Top Estimates, Revenues Rise Y/Y

A

https://www.nasdaq.com/articles/jack-henry-jkhy-q1-earnings-top-estimates-revenues-rise-y-y

Jack Henry & Associates, Inc. JKHY reported first-quarter fiscal 2023 earnings of $1.46 per share, which surpassed the Zacks Consensus Estimate by 5.8%. Further, the bottom line increased 5.8% from the year-ago fiscal quarter’s reported figure. Revenues improved 8% from the year-ago fiscal quarter’s reading to $529.2 million, which came ahead of the Zacks Consensus Estimate of $529.04 million. JKHY’s non-GAAP revenues were $523.9 million, up 8% from the year-ago fiscal quarter’s level. Top-line growth was driven by increased processing, and services and support revenues. Additionally, strength across the Core, Payments, Complementary and Corporate segments drove the results. Jack Henry & Associates, Inc. Price, Consensus and EPS Surprise Jack Henry & Associates, Inc. price-consensus-eps-surprise-chart | Jack Henry & Associates, Inc. Quote Top Line in Detail Services & Support: Jack Henry generated revenues of $320.15 million from the category (60% of revenues). The figure rose 8% from the year-ago fiscal quarter’s level owing to growth in cloud processing revenues. Also, improving user group revenues, rising implementation fee and increasing software usage contributed well. Processing: The category yielded $209.1 million (40% of revenues) in the reported quarter, up 10% from the year-ago fiscal quarter’s actuals. This can be attributed to 8% growth in Jack Henry's digital revenues and the growing card-processing fee revenues. Segments in Detail Core: Revenues totaled $175.1 million. (33% of the top line), up 6% from the year-ago fiscal quarter’s tally. Payments: Revenues summed $186.5 million (35% of the total revenues), increasing 8% from the year-ago fiscal quarter’s level. Complementary: Revenues came in at $148.3 million (28% of the total revenues), rising 8% from the year-earlier fiscal quarter’s number. Corporate & Other: Revenues grossed $19.2 million (3% of the total revenues), up 55% from the prior-year fiscal quarter’s level. Operating Details In first-quarter fiscal 2023, total operating expenses were $388.5 million, reflecting a 10% increase from the prior-year fiscal quarter’s finals. This can primarily be attributed to higher personnel and travel costs, and rising expenses related to JKHY’s card-processing platform. As a percentage of revenues, the figure expanded 80 basis points (bps) from the year-earlier fiscal quarter’s number to 73.4%. The operating margin was 27% in the reported quarter, flat with the year-earlier fiscal quarter’s number. Balance Sheet As of Sep 30, 2022, cash and cash equivalents totaled $32 million, which decreased from $48.8 million as of Jun 30, 2022. Trade receivables were $247.5 million in the reported quarter, down from $348.1 million in the previous fiscal quarter. The current and the long-term debt stood at $245.04 million at the end of the first-quarter fiscal 2023 compared with $115.1 million at the end of the fourth-quarter fiscal 2022. Guidance For fiscal 2023, Jack Henry raised its guidance for GAAP revenues from $2.080-$2.087 billion to $2.092-$2.099 billion. The Zacks Consensus Estimate for revenues is pegged at $2.08 billion. JKHY anticipates non-GAAP revenues of $2.045-$2.052 billion. Management lowered the guidance for earnings from $5.05-$5.09 per share to $4.90-$4.94. The Zacks Consensus Estimate for the same is pegged at $4.99 per share. Zacks Rank & Stocks to Consider Jack Henry currently carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Agilent Technologies A and Asure Software ASUR. While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and Asure Software carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Agilent Technologies has lost 13.6% in the year-to-date period. A’s long-term earnings growth rate is currently projected at 10%. Arista Networks has lost 9.2% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 15.7%. Asure Software has lost 14.9% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 14%. 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 >> 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report Jack Henry & Associates, Inc. (JKHY): Free Stock Analysis Report Asure Software Inc (ASUR): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Jack Henry & Associates, Inc. JKHY reported first-quarter fiscal 2023 earnings of $1.46 per share, which surpassed the Zacks Consensus Estimate by 5.8%. This can primarily be attributed to higher personnel and travel costs, and rising expenses related to JKHY’s card-processing platform. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Jack Henry & Associates, Inc. JKHY reported first-quarter fiscal 2023 earnings of $1.46 per share, which surpassed the Zacks Consensus Estimate by 5.8%. Jack Henry & Associates, Inc. Price, Consensus and EPS Surprise Jack Henry & Associates, Inc. price-consensus-eps-surprise-chart | Jack Henry & Associates, Inc. Quote Top Line in Detail Services & Support: Jack Henry generated revenues of $320.15 million from the category (60% of revenues). While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and Asure Software carry a Zacks Rank #2 (Buy) at present.

Revenues improved 8% from the year-ago fiscal quarter’s reading to $529.2 million, which came ahead of the Zacks Consensus Estimate of $529.04 million. Jack Henry & Associates, Inc. Price, Consensus and EPS Surprise Jack Henry & Associates, Inc. price-consensus-eps-surprise-chart | Jack Henry & Associates, Inc. Quote Top Line in Detail Services & Support: Jack Henry generated revenues of $320.15 million from the category (60% of revenues). Payments: Revenues summed $186.5 million (35% of the total revenues), increasing 8% from the year-ago fiscal quarter’s level.

Jack Henry & Associates, Inc. JKHY reported first-quarter fiscal 2023 earnings of $1.46 per share, which surpassed the Zacks Consensus Estimate by 5.8%. Revenues improved 8% from the year-ago fiscal quarter’s reading to $529.2 million, which came ahead of the Zacks Consensus Estimate of $529.04 million. Complementary: Revenues came in at $148.3 million (28% of the total revenues), rising 8% from the year-earlier fiscal quarter’s number.

357.0

2022-11-08 00:00:00 UTC

Teradata (TDC) Q3 Earnings Beat Estimates, Revenues Fall Y/Y

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https://www.nasdaq.com/articles/teradata-tdc-q3-earnings-beat-estimates-revenues-fall-y-y

Teradata TDC reported third-quarter 2022 non-GAAP earnings of 31 cents per share, which beat the Zacks Consensus Estimate by 10.7%. The metric declined 27.9% year over year and 6.1%, sequentially. Revenues of $417 million were down 3%, sequentially. The same also decreased 9% year over year on a reported basis and 4% on a constant currency (cc) basis. The year-over-year decline is due to a decrease in recurring, perpetual and consulting revenues. Total annual recurring revenues (ARR) at the third quarter-end decreased 4% year over year to $1.37 billion. The figure was flat on a cc basis. The decline was a result of closing its business operations in Russia. Public cloud ARR surged 89% on a reported basis and 99% at cc year over year to $279 million. Growth was driven by rising cloud deals. Strong momentum in all three geographical regions also drove the public cloud ARR. However, the ongoing macroeconomic challenges and constant currency headwinds affected the quarterly performance. Teradata Corporation Price, Consensus and EPS Surprise Teradata Corporation price-consensus-eps-surprise-chart | Teradata Corporation Quote Top-Line Details Recurring revenues (accounting for 79% of revenues) decreased 6% year over year (down 2% at cc) to $331 million. Perpetual software license and hardware revenues (3% of revenues) were down 22% year over year (down 22% at cc) to $14 million. Consulting services’ revenues (17% of revenues) declined 20% from the year-ago level (down 12% at cc) to $72 million. Revenues from the Americas declined 3% year over year (down 1% at cc) to $242 million. Europe, the Middle East & Africa (EMEA) revenues fell 21% from the year-ago figure (down 13% at cc) to $105 million. Revenues from the Asia Pacific and Japan (APJ) were down 10% from the year-ago level (0% at cc) to $70 million. Operating Details Gross margin on a non-GAAP basis was 62.6%, expanding 130 basis points (bps) year over year. Selling, general & administrative (SG&A) expenses decreased 6.6% year over year to $155 million. Research & development (R&D) expenses were $79 million, in line with the year-ago quarter’s level. As a percentage of revenues, SG&A expanded 108 bps year over year to 37.2%, while R&D expanded 177 bps to 18.9%. Non-GAAP operating margin was 12.9%, down 250 bps from the year-ago quarter’s level. Balance Sheet & Other Details As of Sep 30, 2022, Teradata had cash and cash equivalents of $506 million compared with $545 million as of Jun 30, 2022. Total debt (including current portion) as of Sep 30, 2022, was $498 million compared with $497 million as of Jun 30, 2022. In the third quarter, Teradata generated $34 million cash from operating activities compared with the previous quarter’s $105 million. In the reported quarter, Teradata’s free cash flow was $31 million. Guidance For fourth-quarter 2022, non-GAAP earnings are expected between 28 cents and 32 cents per share. The Zacks Consensus Estimate for earnings is currently pegged at 31 cents per share. For 2022, non-GAAP earnings are expected between $1.58 and $1.62 per share. The Zacks Consensus Estimate for earnings is currently pegged at $1.61 per share. Public cloud ARR is projected to increase 80% on a year-over-year basis. Total ARR is expected to decline year over year in the low-to-mid-single-digit range. Teradata expects recurring revenues to decline to a low-single-digit-to-mid-single-digit range from the 2021 level. TDC projects total revenues to fall from the year-ago actuals in the mid-to-high-single-digit range on a reported basis. The metric is expected to decline in the low-single-digit range at CC from the 2021 level. Cash flow from operations is expected to be $420 million, while free cash flow is projected at $400 million. Zacks Rank & Stocks to Consider Currently, Teradata carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Arista Networks ANET and Asure Software ASUR, 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. Agilent Technologies has lost 13.6% in the year-to-date period. A’s long-term earnings growth rate is currently projected at 10%. Arista Networks has lost 9.2% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 15.7%. Asure Software has lost 14.9% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 14%. 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 >> 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report Teradata Corporation (TDC): Free Stock Analysis Report Asure Software Inc (ASUR): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Teradata TDC reported third-quarter 2022 non-GAAP earnings of 31 cents per share, which beat the Zacks Consensus Estimate by 10.7%. Europe, the Middle East & Africa (EMEA) revenues fell 21% from the year-ago figure (down 13% at cc) to $105 million. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Teradata Corporation Price, Consensus and EPS Surprise Teradata Corporation price-consensus-eps-surprise-chart | Teradata Corporation Quote Top-Line Details Recurring revenues (accounting for 79% of revenues) decreased 6% year over year (down 2% at cc) to $331 million. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Arista Networks ANET and Asure Software ASUR, each carrying a Zacks Rank #2 (Buy) at present. Teradata Corporation (TDC): Free Stock Analysis Report

Public cloud ARR surged 89% on a reported basis and 99% at cc year over year to $279 million. Teradata Corporation Price, Consensus and EPS Surprise Teradata Corporation price-consensus-eps-surprise-chart | Teradata Corporation Quote Top-Line Details Recurring revenues (accounting for 79% of revenues) decreased 6% year over year (down 2% at cc) to $331 million. Perpetual software license and hardware revenues (3% of revenues) were down 22% year over year (down 22% at cc) to $14 million.

Revenues from the Americas declined 3% year over year (down 1% at cc) to $242 million. In the reported quarter, Teradata’s free cash flow was $31 million. For 2022, non-GAAP earnings are expected between $1.58 and $1.62 per share.

358.0

2022-11-04 00:00:00 UTC

Skyworks' (SWKS) Q4 Earnings Top Estimates, Revenues Rise Y/Y

A

https://www.nasdaq.com/articles/skyworks-swks-q4-earnings-top-estimates-revenues-rise-y-y

Skyworks Solutions SWKS reported fourth-quarter fiscal 2022 non-GAAP earnings of $3.02 per share, beating the Zacks Consensus Estimate by 3.78% and increasing 15.3% year over year. Revenues of $1.41 billion surpassed the Zacks Consensus Estimate by 0.25% and increased 7.3% on a year-over-year basis. The company’s quarterly results benefited from an increased rate of premium 5G deployment along with growth in automotive, industrial and infrastructure end markets. Mobile revenues accounted for 64% of total revenues. Skyworks delivered integrated platforms to the leading 5G smartphone OEMs, including flagship and mid-tier launches at Google, Samsung and others. Broad markets revenues increased 30% year over year and accounted for 36% of total revenues. Skyworks Solutions, Inc. Price, Consensus and EPS Surprise Skyworks Solutions, Inc. price-consensus-eps-surprise-chart | Skyworks Solutions, Inc. Quote Skyworks partnered with Vodafone to launch the UK's first Wi-Fi 6E platform in the reported quarter. It shipped tri-band platforms for Frontier Communications and launched connectivity solutions with Amazon, supporting their Wi-Fi 6 Power over Ethernet access points. Skyworks won a new infrastructure contract at Samsung, enabling service providers to expand mid-band capacity and coverage. Operating Details Non-GAAP gross margin expanded 30 basis points (bps) on a year-over-year basis to 51.3%. Research & development expenses, as a percentage of revenues, decreased 80 bps year over year to 10.6%. Selling, general and administrative expenses decreased 140 bps to 6.2% in the reported quarter. Non-GAAP operating margin expanded 40 bps on a year-over-year basis to 37.6% in the reported quarter. Balance Sheet & Cash Flow As of Sep 30, 2022, cash & cash equivalents and marketable securities were $586.8 million compared with $662.2 million as of Jul 1, 2022. Long-term debt was $2.19 billion as of Sep 30, 2022, flat with the prior quarter. Cash generated by operating activities was $236.3 million in the quarter under discussion compared with $213.9 million in the previous quarter. Skyworks repurchased 0.8 million shares for $80 million in the reported quarter. Skyworks announced a quarterly dividend of 62 cents per share, payable on Dec 13, 2022, to shareholders of record as of Nov 22. Guidance For the first quarter of fiscal 2023, Skyworks expects revenues between $1.300 billion and $1.350 billion. Revenues are expected to decline sequentially. Gross margin is expected between 51.25% and 51.75%. Operating expenses are expected to be in the range of $190-$193 million. Earnings are expected to be $2.59 per share at the mid-point of this revenue guidance. Zacks Rank & Stocks to Consider Skyworks currently carries a Zacks Rank #3 (Hold). Asure Software ASUR, Absolute Software ABST, and Agilent Technologies A are some better-ranked stocks that investors can consider in the broader Zacks Computer & Technology sector. All three stocks have a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Asure shares are down 15% year to date. ASUR is set to report third-quarter 2022 results on Nov 7. Absolute shares are up 19.9% year to date. ABST is set to report first-quarter fiscal 2023 results on Nov 8. Agilent shares are down 15.7% year to date. A is set to report fourth-quarter fiscal 2022 results on Nov 21. 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 >> 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report Skyworks Solutions, Inc. (SWKS): Free Stock Analysis Report Asure Software Inc (ASUR): Free Stock Analysis Report Absolute Software Corporation (ABST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The company’s quarterly results benefited from an increased rate of premium 5G deployment along with growth in automotive, industrial and infrastructure end markets. Skyworks delivered integrated platforms to the leading 5G smartphone OEMs, including flagship and mid-tier launches at Google, Samsung and others. It shipped tri-band platforms for Frontier Communications and launched connectivity solutions with Amazon, supporting their Wi-Fi 6 Power over Ethernet access points.

Skyworks Solutions SWKS reported fourth-quarter fiscal 2022 non-GAAP earnings of $3.02 per share, beating the Zacks Consensus Estimate by 3.78% and increasing 15.3% year over year. Operating Details Non-GAAP gross margin expanded 30 basis points (bps) on a year-over-year basis to 51.3%. Asure Software ASUR, Absolute Software ABST, and Agilent Technologies A are some better-ranked stocks that investors can consider in the broader Zacks Computer & Technology sector.

Skyworks Solutions SWKS reported fourth-quarter fiscal 2022 non-GAAP earnings of $3.02 per share, beating the Zacks Consensus Estimate by 3.78% and increasing 15.3% year over year. Skyworks Solutions, Inc. Price, Consensus and EPS Surprise Skyworks Solutions, Inc. price-consensus-eps-surprise-chart | Skyworks Solutions, Inc. Quote Skyworks partnered with Vodafone to launch the UK's first Wi-Fi 6E platform in the reported quarter. Skyworks repurchased 0.8 million shares for $80 million in the reported quarter.

Skyworks Solutions SWKS reported fourth-quarter fiscal 2022 non-GAAP earnings of $3.02 per share, beating the Zacks Consensus Estimate by 3.78% and increasing 15.3% year over year. Skyworks repurchased 0.8 million shares for $80 million in the reported quarter. Guidance For the first quarter of fiscal 2023, Skyworks expects revenues between $1.300 billion and $1.350 billion.

359.0

2022-11-04 00:00:00 UTC

Microchip (MCHP) Q2 Earnings Top Estimates, Sales Rise Y/Y

A

https://www.nasdaq.com/articles/microchip-mchp-q2-earnings-top-estimates-sales-rise-y-y

Microchip Technology MCHP reported second-quarter fiscal 2023 non-GAAP earnings of $1.46 per share, which beat the Zacks Consensus Estimate by 1.39% and rose 36.4% on a year-over-year basis. Net sales of $2.07 billion increased 25.7% year over year and surpassed the Zacks Consensus Estimate by 0.52%. Quarter in Detail In terms of product line, microcontroller sales grew 31.9% year over year and 11% sequentially to $1.06 billion, accounting for 57% of revenues. Analog net sales of $580 million decreased 1.3% sequentially but increased 16.6% year over year. Analog contributed 28% to the total revenues. Other revenues of $320.6 million accounted for 15% of revenues. Microchip Technology Incorporated Price, Consensus and EPS Surprise Microchip Technology Incorporated price-consensus-eps-surprise-chart | Microchip Technology Incorporated Quote Geographically, revenues from the Americas, Europe and Asia contributed 25%, 20% and 55% to net sales, respectively. The non-GAAP gross margin expanded 240 basis points (bps) on a year-over-year basis to 67.7%, primarily benefiting from a favorable product mix. Non-GAAP research & development expenses, as a percentage of net sales, declined 130 bps year over year to 12%. Non-GAAP selling, general & administrative (SG&A) expenses, as a percentage of net sales, declined 60 bps to 8.9%. Non-GAAP operating expenses, as a percentage of net sales, declined 190 bps year over year to 20.9%. Consequently, the non-GAAP operating margin expanded 440 bps on a year-over-year basis to 46.9%. Balance Sheet & Cash Flow As of Sep 30, 2022, cash and short-term investments totaled $306.8 million compared with $379.1 million as of Jun 30, 2022. As of Sep 30, 2022, its total debt (long-term plus current portion) was $7.30 billion. The company paid down $264.9 million of debt in the reported quarter. For the fiscal second quarter, cash flow from operating activities was $793.2 million compared with $840.4 million in the previous quarter. Free cash flow was $682.9 million in the reported quarter. Microchip announced a quarterly dividend of 32.8 cents per share, up 9% sequentially and 41.4% from the year-ago quarter. Guidance Microchip expects net sales of $2.135-$2.177 billion for third-quarter fiscal 2023, indicating 3-5% sequential growth. At the mid-point of the guidance, net sales are expected to grow 22.7% year over year. Non-GAAP earnings are anticipated between $1.54 per share and $1.56 per share. Non-GAAP gross margin is anticipated between 67.8% and 68%. Non-GAAP operating expenses are projected to be 20.7-20.9%. Non-GAAP operating margin is anticipated to be 46.9-47.3%. Capital expenditure for the fiscal third quarter is expected between $105 million and $125 million. Capital expenditure for fiscal 2023 is estimated between $500 million and $550 million. Zacks Rank & Stocks to Consider Microchip currently carries a Zacks Rank #4 (Sell). Asure Software ASUR, Absolute Software ABST, and Agilent Technologies A are some better-ranked stocks that investors can consider in the broader sector. All three stocks have a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Asure shares are down 15% year to date. ASUR is set to report third-quarter 2022 results on Nov 7. Absolute shares are up 19.9% year to date. ABST is set to report first-quarter fiscal 2023 results on Nov 8. Agilent shares are down 15.7% year to date. A is set to report fourth-quarter fiscal 2022 results on Nov 21. 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 >> 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report Microchip Technology Incorporated (MCHP): Free Stock Analysis Report Asure Software Inc (ASUR): Free Stock Analysis Report Absolute Software Corporation (ABST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Microchip Technology MCHP reported second-quarter fiscal 2023 non-GAAP earnings of $1.46 per share, which beat the Zacks Consensus Estimate by 1.39% and rose 36.4% on a year-over-year basis. Guidance Microchip expects net sales of $2.135-$2.177 billion for third-quarter fiscal 2023, indicating 3-5% sequential growth. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Net sales of $2.07 billion increased 25.7% year over year and surpassed the Zacks Consensus Estimate by 0.52%. Non-GAAP operating expenses, as a percentage of net sales, declined 190 bps year over year to 20.9%. Microchip Technology Incorporated (MCHP): Free Stock Analysis Report

Microchip Technology MCHP reported second-quarter fiscal 2023 non-GAAP earnings of $1.46 per share, which beat the Zacks Consensus Estimate by 1.39% and rose 36.4% on a year-over-year basis. Non-GAAP research & development expenses, as a percentage of net sales, declined 130 bps year over year to 12%. Non-GAAP operating expenses, as a percentage of net sales, declined 190 bps year over year to 20.9%.

Net sales of $2.07 billion increased 25.7% year over year and surpassed the Zacks Consensus Estimate by 0.52%. Free cash flow was $682.9 million in the reported quarter. Want the latest recommendations from Zacks Investment Research?

360.0

2022-11-03 00:00:00 UTC

Itron (ITRI) Meets Q3 Earnings Estimates

A

https://www.nasdaq.com/articles/itron-itri-meets-q3-earnings-estimates

Itron (ITRI) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this energy and water meter company would post earnings of $0.21 per share when it actually produced earnings of $0.07, delivering a surprise of -66.67%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Itron, which belongs to the Zacks Electronics - Testing Equipment industry, posted revenues of $420.86 million for the quarter ended September 2022, missing the Zacks Consensus Estimate by 8.45%. This compares to year-ago revenues of $486.95 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Itron shares have lost about 32.1% since the beginning of the year versus the S&P 500's decline of -21.1%. What's Next for Itron? While Itron has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Itron: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.36 on $497.68 million in revenues for the coming quarter and $0.77 on $1.86 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Testing Equipment is currently in the top 35% of the 250 plus Zacks industries. 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. One other stock from the same industry, Agilent Technologies (A), is yet to report results for the quarter ended October 2022. The results are expected to be released on November 21. This scientific instrument maker is expected to post quarterly earnings of $1.39 per share in its upcoming report, which represents a year-over-year change of +14.9%. The consensus EPS estimate for the quarter has been revised 0.5% lower over the last 30 days to the current level. Agilent Technologies' revenues are expected to be $1.77 billion, up 6.4% from the year-ago quarter. 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 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 Itron, Inc. (ITRI): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. This scientific instrument maker is expected to post quarterly earnings of $1.39 per share in its upcoming report, which represents a year-over-year change of +14.9%. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Itron, which belongs to the Zacks Electronics - Testing Equipment industry, posted revenues of $420.86 million for the quarter ended September 2022, missing the Zacks Consensus Estimate by 8.45%. The current consensus EPS estimate is $0.36 on $497.68 million in revenues for the coming quarter and $0.77 on $1.86 billion in revenues for the current fiscal year. In terms of the Zacks Industry Rank, Electronics - Testing Equipment is currently in the top 35% of the 250 plus Zacks industries.

Itron (ITRI) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. Itron, which belongs to the Zacks Electronics - Testing Equipment industry, posted revenues of $420.86 million for the quarter ended September 2022, missing the Zacks Consensus Estimate by 8.45%. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock.

Itron (ITRI) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. 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.

361.0

2022-11-01 00:00:00 UTC

Ametek (AME) Q3 Earnings and Revenues Beat Estimates

A

https://www.nasdaq.com/articles/ametek-ame-q3-earnings-and-revenues-beat-estimates

Ametek (AME) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.84%. A quarter ago, it was expected that this maker of electronic instruments and electromechanical devices would post earnings of $1.29 per share when it actually produced earnings of $1.38, delivering a surprise of 6.98%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Ametek, which belongs to the Zacks Electronics - Testing Equipment industry, posted revenues of $1.55 billion for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 2.32%. This compares to year-ago revenues of $1.44 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Ametek shares have lost about 11.8% since the beginning of the year versus the S&P 500's decline of -18.8%. What's Next for Ametek? While Ametek has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Ametek: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.42 on $1.55 billion in revenues for the coming quarter and $5.51 on $6.04 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Testing Equipment is currently in the top 35% of the 250 plus Zacks industries. 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. Agilent Technologies (A), another stock in the same industry, has yet to report results for the quarter ended October 2022. This scientific instrument maker is expected to post quarterly earnings of $1.19 per share in its upcoming report, which represents a year-over-year change of -1.7%. The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. Agilent Technologies' revenues are expected to be $1.77 billion, up 6.4% from the year-ago quarter. 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 >> 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 AMETEK, Inc. (AME): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. This scientific instrument maker is expected to post quarterly earnings of $1.19 per share in its upcoming report, which represents a year-over-year change of -1.7%. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Ametek, which belongs to the Zacks Electronics - Testing Equipment industry, posted revenues of $1.55 billion for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 2.32%. The current consensus EPS estimate is $1.42 on $1.55 billion in revenues for the coming quarter and $5.51 on $6.04 billion in revenues for the current fiscal year. In terms of the Zacks Industry Rank, Electronics - Testing Equipment is currently in the top 35% of the 250 plus Zacks industries.

Ametek (AME) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.37 per share. Ametek, which belongs to the Zacks Electronics - Testing Equipment industry, posted revenues of $1.55 billion for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 2.32%. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock.

Ametek (AME) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.37 per share. The company has topped consensus revenue estimates three times over the last four quarters. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock.

362.0

2022-10-19 00:00:00 UTC

After-Hours Earnings Report for October 19, 2022 : TSLA, IBM, CCI, LRCX, KMI, PPG, LVS, EFX, STLD, REXR, KNX, AA

A

https://www.nasdaq.com/articles/after-hours-earnings-report-for-october-19-2022-%3A-tsla-ibm-cci-lrcx-kmi-ppg-lvs-efx-stld

The following companies are expected to report earnings after hours on 10/19/2022. Visit our Earnings Calendar for a full list of expected earnings releases. Tesla, Inc. (TSLA)is reporting for the quarter ending September 30, 2022. The auto (domestic) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.87. This value represents a 81.25% increase compared to the same quarter last year. In the past year TSLA has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 16.07%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for TSLA is 61.16 vs. an industry ratio of 3.10, implying that they will have a higher earnings growth than their competitors in the same industry. International Business Machines Corporation (IBM)is reporting for the quarter ending September 30, 2022. The computer company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.78. This value represents a 29.37% decrease compared to the same quarter last year. IBM missed the consensus earnings per share in the 4th calendar quarter of 2021 by -1.18%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for IBM is 13.23 vs. an industry ratio of 21.20. Crown Castle Inc. (CCI)is reporting for the quarter ending September 30, 2022. The reit company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.75. This value represents a 1.13% decrease compared to the same quarter last year. In the past year CCI has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 5.26%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CCI is 19.00 vs. an industry ratio of 13.10, implying that they will have a higher earnings growth than their competitors in the same industry. Lam Research Corporation (LRCX)is reporting for the quarter ending September 30, 2022. The capital goods company's consensus earnings per share forecast from the 10 analysts that follow the stock is $9.54. This value represents a 14.11% increase compared to the same quarter last year. LRCX missed the consensus earnings per share in the 1st calendar quarter of 2022 by -1.07%. Zacks Investment Research reports that the 2023 Price to Earnings ratio for LRCX is 8.99 vs. an industry ratio of 15.50. Kinder Morgan, Inc. (KMI)is reporting for the quarter ending September 30, 2022. The oil (production/pipeline) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.28. This value represents a 27.27% increase compared to the same quarter last year. KMI missed the consensus earnings per share in the 3rd calendar quarter of 2021 by -8.33%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for KMI is 15.06 vs. an industry ratio of 16.90. PPG Industries, Inc. (PPG)is reporting for the quarter ending September 30, 2022. The chemical company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.67. This value represents a 1.18% decrease compared to the same quarter last year. In the past year PPG has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 3.43%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for PPG is 19.01 vs. an industry ratio of 13.00, implying that they will have a higher earnings growth than their competitors in the same industry. Las Vegas Sands Corp. (LVS)is reporting for the quarter ending September 30, 2022. The gaming company's consensus earnings per share forecast from the 5 analysts that follow the stock is $-0.20. This value represents a 55.56% increase compared to the same quarter last year. Zacks Investment Research reports that the 2022 Price to Earnings ratio for LVS is -32.59 vs. an industry ratio of 1.10. Equifax, Inc. (EFX)is reporting for the quarter ending September 30, 2022. The financial transactions company's consensus earnings per share forecast from the 15 analysts that follow the stock is $1.64. This value represents a 11.35% decrease compared to the same quarter last year. In the past year EFX has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 2.96%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for EFX is 21.75 vs. an industry ratio of 15.00, implying that they will have a higher earnings growth than their competitors in the same industry. Steel Dynamics, Inc. (STLD)is reporting for the quarter ending September 30, 2022. The steel company's consensus earnings per share forecast from the 2 analysts that follow the stock is $4.97. This value represents a 0.20% increase compared to the same quarter last year. In the past year STLD has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 6.15%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for STLD is 3.90 vs. an industry ratio of 3.30, implying that they will have a higher earnings growth than their competitors in the same industry. Rexford Industrial Realty, Inc. (REXR)is reporting for the quarter ending September 30, 2022. The reit company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.48. This value represents a 11.63% increase compared to the same quarter last year. In the past year REXR has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 2.08%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for REXR is 27.42 vs. an industry ratio of 13.10, implying that they will have a higher earnings growth than their competitors in the same industry. Knight Transportation, Inc. (KNX)is reporting for the quarter ending September 30, 2022. The truck company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.33. This value represents a 2.31% increase compared to the same quarter last year. In the past year KNX has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 4.44%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for KNX is 9.28 vs. an industry ratio of 11.70. Alcoa Corporation (AA)is reporting for the quarter ending September 30, 2022. The metal production company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.09. This value represents a 95.61% decrease compared to the same quarter last year. In the past year AA has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 2.69%. Zacks Investment Research reports that the 2022 Price to Earnings ratio for AA is 6.76 vs. an industry ratio of 6.20, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The auto (domestic) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.87. The financial transactions company's consensus earnings per share forecast from the 15 analysts that follow the stock is $1.64. The metal production company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.09.

Zacks Investment Research reports that the 2022 Price to Earnings ratio for TSLA is 61.16 vs. an industry ratio of 3.10, implying that they will have a higher earnings growth than their competitors in the same industry. Zacks Investment Research reports that the 2022 Price to Earnings ratio for CCI is 19.00 vs. an industry ratio of 13.10, implying that they will have a higher earnings growth than their competitors in the same industry. Zacks Investment Research reports that the 2022 Price to Earnings ratio for PPG is 19.01 vs. an industry ratio of 13.00, implying that they will have a higher earnings growth than their competitors in the same industry.

Zacks Investment Research reports that the 2022 Price to Earnings ratio for TSLA is 61.16 vs. an industry ratio of 3.10, implying that they will have a higher earnings growth than their competitors in the same industry. Zacks Investment Research reports that the 2022 Price to Earnings ratio for PPG is 19.01 vs. an industry ratio of 13.00, implying that they will have a higher earnings growth than their competitors in the same industry. Zacks Investment Research reports that the 2022 Price to Earnings ratio for EFX is 21.75 vs. an industry ratio of 15.00, implying that they will have a higher earnings growth than their competitors in the same industry.

In the past year TSLA has beat the expectations every quarter. In the past year CCI has beat the expectations every quarter. In the past year KNX has beat the expectations every quarter.

363.0

2022-10-18 00:00:00 UTC

The Zacks Analyst Blog Highlights Perion Network, Keysight Technologies, Arista Networks and Agilent Technologies

A

https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights-perion-network-keysight-technologies-arista-networks-and

For Immediate Release Chicago, IL – October 18, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Perion Network Ltd. PERI, Keysight Technologies, Inc. KEYS, Arista Networks, Inc. ANET and Agilent Technologies, Inc. A. Here are highlights from Monday’s Analyst Blog: 4 Under-the-Radar Tech Stocks Looking Good Right Now Nobody would advise you to get into tech stocks with a recession around the corner. After all, tech stock valuations usually include a growth premium, which makes them risky in a recession. It’s far better to choose your values and settle down for the long term. But what if I told you that that story has already played itself out? The tech sector is currently valued at 18.13X P/E, which is a discount to its five-year median value. Therefore, tech valuations are no longer that rich, and you can pick your value stocks among these growth names. On the other hand, during a protracted downturn, or a recession even, technology is an area of investment for most companies because that’s what makes them more efficient and able to generate more from limited resources. This positions technology stocks to benefit from a recovering market. Today, most sectors are struggling with labor costs and delaying layoffs because it has suddenly become a very competitive market. It wouldn’t do to have to hire back at higher rates. Additionally, although supply chain issues are beginning to get ironed out, high energy prices are seeing to it that input costs remain elevated. So, companies are under a lot of pressure to run efficiently and fiscal discipline is the need of the hour. The ongoing earnings season will give us a better idea of how exactly they’re faring, but we are still on the wrong side of a recession, however fleeting it might turn out to be. And that’s not such a great thing. Tech valuations being low, however, provide us a great opportunity to load up. And even if they head further south in the next few months, they are sure to head back up. So anybody with a 2-3 year investment horizon should be able to make good profits. Then again, you may want to hold back for prices to fall further. And that might work out fine too because considering the Fed’s current disposition, more volatility in the markets is definitely in the cards. But in case you’d like to put something into play today, here are a few stocks that may be worth considering: Perion Network Ltd. The company provides digital advertising solutions to brands, agencies, and publishers, mainly in North America and Europe. In the last five years, its earnings have grown 12.0% and analysts estimate its long-term growth at 25.0%. In 2022 and 2023 alone, Perion is expected to grow its revenues a respective 32.0% and 16.1% and earnings a respective 96.1% and 4.0%. Its balance sheet is also in good shape. Since 2017, it has steadily lowered its debt to a nil balance and its per share net cash has also risen steadily since then. Its current cash and cash equivalents can cover its current liabilities (cash ratio) 1.7X over. Therefore, it is strong from a liquidity standpoint to deal with short term uncertainties. At 11.99X P/E, the shares trade at a discount to their median value of 13.66X in the last five years. It also has a Zacks #2 (Buy) rank. Keysight Technologies, Inc. The company provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe and the Asia Pacific. Keysight has grown its earnings a whopping 25.9% in the last five years. In 2022, its revenue and earnings are expected to grow a respective 8.8% and 20.1%. Next year, they’ll grow 5.5% and 7.9%, respectively. Analysts peg their long-term earnings growth estimate at 11.0%, which factors in significant slowdown (possible a recession next year). So the LTG could actually turn out to be much higher, as is usually the case. The balance sheet is also in good shape. The debt cap ratio of 31.4% is not too bad at all and has been declining steadily from 2017. The net cash per share increased steadily till mid 2021 but shows a slightly declining trend since then, possible as it built some inventory. Its cash ratio, at 1.77X shows there is nothing to be concerned about however. The P/E of 20.48X may not be viewed as cheap by some, but rest assured that it isn’t expensive because it is at a discount to the median value of 21.53X in the last five years. The shares carry a Zacks #1 (Strong Buy) Rank. Arista Networks, Inc. The company develops, markets and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa and the Asia-Pacific. In the last five years, Arista’s earnings have grown 17.2% and this strength is expected to continue in the future as well. For 2022, analysts currently expect revenue to grow 38.6% and earnings 40.8%. The following year, they expect revenue growth of 13.9% and earnings growth of 13.1%. In the long term, earnings growth is expected to settle at 15.7%. Like Perion, Arista has no debt on its balance sheet. Its net cash per share has been growing pretty steadily since 2016 although it dipped in the last quarter even as net PP&E and inventory continued to increase. The cash ratio is 3.29X. Its P/E of 25.55X is well below the five-year median value of 33.51X, signaling that this is as good a time as any to get into this stock. The shares carry a Zacks Rank #2. Agilent Technologies, Inc. Agilent provides application focused solutions for measurement and analysis of liquids and gases in the life sciences, diagnostics and applied chemical markets worldwide. In the last five years, its earnings have grown 15.4%. Analysts currently expect its revenue and earnings to grow 7.1% and 16.8%, respectively in 2022. Next year, they’re expected to grow a respective 6.5% and 7.9%. The long-term growth expectation is 10.0%. As far as the balance sheet is concerned, the debt cap of 34.9% is very manageable and cash ratio of 1.05 is adequate. Like the others, Agilent’s shares are trading at a discount to its five-year median, meaning that they are cheap. And finally, they carry a Zacks #2 (Buy) rank. Conclusion It’s time we at least started studying the tech sector for possible picks over the next few months. As seen above, many of them are already undervalued, possibly pricing in the effect of a recession. Why Haven’t You Looked at Zacks' Top Stocks? Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Just Released: Zacks Unveils the Top 5 EV Stocks for 2022 For several months now, electric vehicles have been disrupting the $82 billion automotive industry. And that disruption is only getting bigger thanks to sky-high gas prices. Even titans in the financial industry including George Soros, Jeff Bezos, and Ray Dalio have invested in this unstoppable wave. You don't want to be sitting on your hands while EV stocks break out and climb to new highs. In a new free report, Zacks is revealing the top 5 EV stocks for investors. Next year, don't look back on today wishing you had taken advantage of this opportunity. >>Send me my free report revealing the top 5 EV stocks 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report Perion Network Ltd (PERI): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Keysight Technologies Inc. (KEYS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The net cash per share increased steadily till mid 2021 but shows a slightly declining trend since then, possible as it built some inventory. The company develops, markets and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa and the Asia-Pacific. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security.

Stocks recently featured in the blog include: Perion Network Ltd. PERI, Keysight Technologies, Inc. KEYS, Arista Networks, Inc. ANET and Agilent Technologies, Inc. A. Arista Networks, Inc. (ANET): Free Stock Analysis Report Keysight Technologies Inc. (KEYS): Free Stock Analysis Report

Stocks recently featured in the blog include: Perion Network Ltd. PERI, Keysight Technologies, Inc. KEYS, Arista Networks, Inc. ANET and Agilent Technologies, Inc. A. Here are highlights from Monday’s Analyst Blog: 4 Under-the-Radar Tech Stocks Looking Good Right Now Nobody would advise you to get into tech stocks with a recession around the corner. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext.

The tech sector is currently valued at 18.13X P/E, which is a discount to its five-year median value. But in case you’d like to put something into play today, here are a few stocks that may be worth considering: Perion Network Ltd. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities.

364.0

2022-10-17 00:00:00 UTC

4 Under-the-Radar Tech Stocks Looking Good Right Now

A

https://www.nasdaq.com/articles/4-under-the-radar-tech-stocks-looking-good-right-now

Nobody would advise you to get into tech stocks with a recession around the corner. After all, tech stock valuations usually include a growth premium, which makes them risky in a recession. It’s far better to choose your value and settle down for the long term. But what if I told you that that story has already played itself out? The tech sector is currently valued at 18.13X P/E, which is a discount to its five-year median value. Therefore, tech valuations are no longer that rich, and you can pick your value stocks among these growth names. On the other hand, during a protracted downturn, or a recession even, technology is an area of investment for most companies because that’s what makes them more efficient and able to generate more from limited resources. This positions technology stocks to benefit from a recovering market. Today, most sectors are struggling with labor costs and delaying layoffs because it has suddenly become a very competitive market. It wouldn’t do to have to hire back at higher rates. Additionally, although supply chain issues are beginning to get ironed out, high energy prices are seeing to it that input costs remain elevated. So, companies are under a lot of pressure to run efficiently and fiscal discipline is the need of the hour. The ongoing earnings season will give us a better idea of how exactly they’re faring, but we are still on the wrong side of a recession, however fleeting it might turn out to be. And that’s not such a great thing. Tech valuations being low, however, provide us a great opportunity to load up. And even if they head further south in the next few months, they are sure to head back up. So anybody with a 2-3 year investment horizon should be able to make good profits. Then again, you may want to hold back for prices to fall further. And that might work out fine too because considering the Fed’s current disposition, more volatility in the markets is definitely in the cards. But in case you’d like to put something into play today, here are a few stocks that may be worth considering: Perion Network Ltd. PERI The company provides digital advertising solutions to brands, agencies, and publishers, mainly in North America and Europe. In the last five years, its earnings have grown 12.0% and analysts estimate its long-term growth at 25.0%. In 2022 and 2023 alone, Perion is expected to grow its revenues a respective 32.0% and 16.1% and earnings a respective 96.1% and 4.0%. Its balance sheet is also in good shape. Since 2017, it has steadily lowered its debt to a nil balance and its per share net cash has also risen steadily since then. Its current cash and cash equivalents can cover its current liabilities (cash ratio) 1.7X over. Therefore, it is strong from a liquidity standpoint to deal with short term uncertainties. At 11.99X P/E, the shares trade at a discount to their median value of 13.66X in the last five years. It also has a Zacks #2 (Buy) rank. Keysight Technologies, Inc. KEYS The company provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe and the Asia Pacific. Keysight has grown its earnings a whopping 25.9% in the last five years. In 2022, its revenue and earnings are expected to grow a respective 8.8% and 20.1%. Next year, they’ll grow 5.5% and 7.9%, respectively. Analysts peg their long-term earnings growth estimate at 11.0%, which factors in significant slowdown (possible a recession next year). So the LTG could actually turn out to be much higher, as is usually the case. The balance sheet is also in good shape. The debt cap ratio of 31.4% is not too bad at all and has been declining steadily from 2017. The net cash per share increased steadily till mid 2021 but shows a slightly declining trend since then, possible as it built some inventory. Its cash ratio, at 1.77X shows there is nothing to be concerned about however. The P/E of 20.48X may not be viewed as cheap by some, but rest assured that it isn’t expensive because it is at a discount to the median value of 21.53X in the last five years. The shares carry a Zacks #1 (Strong Buy) Rank. Arista Networks, Inc. ANET The company develops, markets and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa and the Asia-Pacific. In the last five years, Arista’s earnings have grown 17.2% and this strength is expected to continue in the future as well. For 2022, analysts currently expect revenue to grow 38.6% and earnings 40.8%. The following year, they expect revenue growth of 13.9% and earnings growth of 13.1%. In the long term, earnings growth is expected to settle at 15.7%. Like Perion, Arista has no debt on its balance sheet. Its net cash per share has been growing pretty steadily since 2016 although it dipped in the last quarter even as net PP&E and inventory continued to increase. The cash ratio is 3.29X. Its P/E of 25.55X is well below the five-year median value of 33.51X, signaling that this is as good a time as any to get into this stock. The shares carry a Zacks Rank #2. Agilent Technologies, Inc. A Agilent provides application focused solutions for measurement and analysis of liquids and gases in the life sciences, diagnostics and applied chemical markets worldwide. In the last five years, its earnings have grown 15.4%. Analysts currently expect its revenue and earnings to grow 7.1% and 16.8%, respectively in 2022. Next year, they’re expected to grow a respective 6.5% and 7.9%. The long-term growth expectation is 10.0%. As far as the balance sheet is concerned, the debt cap of 34.9% is very manageable and cash ratio of 1.05 is adequate. Like the others, Agilent’s shares are trading at a discount to its five-year median, meaning that they are cheap. And finally, they carry a Zacks #2 (Buy) rank. Conclusion It’s time we at least started studying the tech sector for possible picks over the next few months. As seen above, many of them are already undervalued, possibly pricing in the effect of a recession. One-Month Price Performance Image Source: Zacks Investment Research 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report Perion Network Ltd (PERI): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Keysight Technologies Inc. (KEYS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

On the other hand, during a protracted downturn, or a recession even, technology is an area of investment for most companies because that’s what makes them more efficient and able to generate more from limited resources. But in case you’d like to put something into play today, here are a few stocks that may be worth considering: Perion Network Ltd. PERI The company provides digital advertising solutions to brands, agencies, and publishers, mainly in North America and Europe. The net cash per share increased steadily till mid 2021 but shows a slightly declining trend since then, possible as it built some inventory.

Perion Network Ltd (PERI): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Keysight Technologies Inc. (KEYS): Free Stock Analysis Report

But in case you’d like to put something into play today, here are a few stocks that may be worth considering: Perion Network Ltd. PERI The company provides digital advertising solutions to brands, agencies, and publishers, mainly in North America and Europe. The following year, they expect revenue growth of 13.9% and earnings growth of 13.1%. Agilent Technologies, Inc. (A): Free Stock Analysis Report

But in case you’d like to put something into play today, here are a few stocks that may be worth considering: Perion Network Ltd. PERI The company provides digital advertising solutions to brands, agencies, and publishers, mainly in North America and Europe. In the long term, earnings growth is expected to settle at 15.7%. Want the latest recommendations from Zacks Investment Research?

365.0

2022-10-14 00:00:00 UTC

Alphabet's (GOOGL) 5 Gig & 8 Gig Fiber Plans to Win Customers

A

https://www.nasdaq.com/articles/alphabets-googl-5-gig-8-gig-fiber-plans-to-win-customers

Alphabet’s GOOGL division Google is consistently working toward strengthening its high-speed Internet service Google Fiber. Google is gearing up for expanding Google Fiber offerings with 5 Gig and 8 Gig services to be introduced in early 2023. Both services will provide symmetrical upload and download speeds up to 5 Gig or 8 Gig each. The services will be available with a Wi-Fi 6 router, up to two mesh extenders, and professional installation. The 5 Gig plan will help users simultaneously upload and download files, regardless of the file size. The 8 Gig plan will offer low latency so that user can work online in near real time. Google Fiber subscribers living in Utah, Kansas City, and West Des Moines will be able to access the services from next month. The new high-speed service plans are expected to boost the adoption rate of Google Fiber in the days ahead. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Google Fiber Efforts Apart from the latest move, Google recently opened Google Fiber Kiosks at local malls in three US cities to cater to customer requirements faster. Google Fiber is shifting focus from Fiber TV to a free Chromecast with Google TV and paid streaming services, including YouTube TV, FuboTV, Philo or Sling to expand its presence in the streaming space. With these initiatives, Google aims to serve customers better and continue gaining momentum among them. This in turn will aid the financial performance of Google’s parent Alphabet, helping it win investors’ confidence in the near term and the long haul. Shares of GOOGL have been down 31.6% in the year-to-date period, outperforming the Computer and Technology sector’s decline of 37.9%. Competitive Scenario Google, with its recent move, upped its ante against other companies, including Frontier Communications FYBR and Verizon Communications VZ, which are also making diligent efforts to gain traction among customers. Frontier which has lost 23.2% on a year-to-date basis, offers services to residential and business customers in fiber-optic and copper networks, including video, high-speed Internet, advanced voice and Frontier Secure digital protection solutions. FYBR’s recent announcement of offering network-wide 2 Gig fiber Internet service to customers remains noteworthy. Verizon Communication’s subsidiary Verizon Fios is a fast Internet solution provider based on 100% fiber-optic network for fast and reliable connectivity. It offers up to 25 times faster uploading speed than cable due to low latency and the reliability of fiber. Further, VZ recently rolled out a tri-band router with Wi-Fi 6, providing the highest bandwidth so that the whole family can be connected at the same time. Notably, Verizon has declined 30% in the year-to-date period. Nevertheless, Google’s growing Fiber efforts and innovative technologies are likely to continue strengthening its competitive position in the internet market. Zacks Rank & Stock to Consider Currently, Alphabet carries a Zacks Rank #3 (Hold).Investors interested in the broader technology sector can consider Agilent Technologies A, carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Agilent Technologies has lost 19.9% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. 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 >> 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 Verizon Communications Inc. (VZ): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report Frontier Communications Parent, Inc. (FYBR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Google Fiber subscribers living in Utah, Kansas City, and West Des Moines will be able to access the services from next month. This in turn will aid the financial performance of Google’s parent Alphabet, helping it win investors’ confidence in the near term and the long haul. Nevertheless, Google’s growing Fiber efforts and innovative technologies are likely to continue strengthening its competitive position in the internet market.

Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Google Fiber Efforts Apart from the latest move, Google recently opened Google Fiber Kiosks at local malls in three US cities to cater to customer requirements faster. Competitive Scenario Google, with its recent move, upped its ante against other companies, including Frontier Communications FYBR and Verizon Communications VZ, which are also making diligent efforts to gain traction among customers. Frontier Communications Parent, Inc. (FYBR): Free Stock Analysis Report

Alphabet’s GOOGL division Google is consistently working toward strengthening its high-speed Internet service Google Fiber. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Google Fiber Efforts Apart from the latest move, Google recently opened Google Fiber Kiosks at local malls in three US cities to cater to customer requirements faster. Zacks Rank & Stock to Consider Currently, Alphabet carries a Zacks Rank #3 (Hold).Investors interested in the broader technology sector can consider Agilent Technologies A, carrying a Zacks Rank #2 (Buy) at present.

Alphabet’s GOOGL division Google is consistently working toward strengthening its high-speed Internet service Google Fiber. Competitive Scenario Google, with its recent move, upped its ante against other companies, including Frontier Communications FYBR and Verizon Communications VZ, which are also making diligent efforts to gain traction among customers. Want the latest recommendations from Zacks Investment Research?

366.0

2022-10-14 00:00:00 UTC

Garmin (GRMN) Boosts Citation Excel/XLS Performance With G5000

A

https://www.nasdaq.com/articles/garmin-grmn-boosts-citation-excel-xls-performance-with-g5000

Garmin GRMN is putting in strong efforts to bolster its presence in the aviation industry on the back of its robust key offerings. The latest European Union Aviation Safety Agency ("EASA") approval for upgrading the Cessna Citation Excel and XLS aircraft fleet with Garmin’s G5000 integrated flight deck is a testament to the aforesaid statement. This reflects the efficiency and reliability of the company’s aviation-related offerings. G5000 comes with automatic flight guidance and control systems combined with weather, charts, traffic, terrain and global connectivity options. Further, it offers an intuitive touchscreen interface and bright, high-resolution displays. Its integrated avionics suite caters to airspace modernization needs and helps reduce operational costs. It delivers a fully integrated Automatic Dependent Surveillance-Broadcast (ADS-B) Out solution, compliant with Federal Aviation Administration and EASA rules. Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Focus on Citation Excel/XLS With G5000, Garmin strives to deliver an enhanced in-flight experience to pilots of Citation Excel/XLS. In a bid to achieve this, G5000 enables pilots to view maps, charts, flight plan information, weather, checklists, TAWS, TCAS and Garmin SafeTaxi airport diagrams simultaneously with the help of its three landscape-oriented flight displays and split-screen capability. The jets under review will get Emergency Descent Mode feature with G5000. The flight deck enables pilots to avail of the ADS-B Out solution, which is integrated into it. These features are aimed at improving the flight performance by reducing the pilot’s workload. This, in turn, is likely to favor Garmin’s adoption among pilots. Aviation in Focus We believe that the company’s strong endeavors to bolster its aviation segment, which offers integrated avionics or flight decks, panel-mounted navigation, traffic, audio, transponder, weather, and other products such as portable and wearable solutions, will continue driving its momentum among various flight owners and pilots. Garmin’s family of autonomous safety solutions — Garmin Autonomi, comprising Emergency Descent Mode, Electronic Stability, and Protection and Autoland — has emerged as a key catalyst for its aviation business. Moreover, a robust flight display portfolio has been playing a crucial role in shaping the growth trajectory of Garmin’s aviation business. The company enjoys solid momentum across OEM and after-market customers on the back of its popular aviation solutions. All these factors are expected to continue aiding the company’s aviation segment in the future. Notably, the segment generated sales of $204.7 million in second-quarter 2022, increasing 13% on a year-over-year basis. However, macroeconomic headwinds and normalization in demand toward the pre-pandemic level remain overhangs for the company. The company is facing softness in its other segments, such as fitness, marine and auto, which is concerning. Coming to the price performance, Garmin has lost 41% on a year-to-date basis. Zacks Rank & Stocks to Consider Currently, Garmin carries a Zacks Rank #4 (Sell). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Mettler-Toledo MTD, Agilent Technologies A and Aspen Technology AZPN. All three stocks carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Mettler-Toledo has lost 35% in the year-to-date period. The long-term earnings growth rate for MTD is currently projected to be 10.4%. Agilent Technologies has lost 21.3% in the year-to-date period. The long-term earnings growth rate for A is currently projected to be 10%. Aspen Technology has returned 60.4% in the year-to-date period. The long-term earnings growth rate for AZPN is currently projected to be 18.2%. 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 >> 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 Garmin Ltd. (GRMN): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report MettlerToledo International, Inc. (MTD): Free Stock Analysis Report Aspen Technology, Inc. (AZPN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The latest European Union Aviation Safety Agency ("EASA") approval for upgrading the Cessna Citation Excel and XLS aircraft fleet with Garmin’s G5000 integrated flight deck is a testament to the aforesaid statement. G5000 comes with automatic flight guidance and control systems combined with weather, charts, traffic, terrain and global connectivity options. It delivers a fully integrated Automatic Dependent Surveillance-Broadcast (ADS-B) Out solution, compliant with Federal Aviation Administration and EASA rules.

Aviation in Focus We believe that the company’s strong endeavors to bolster its aviation segment, which offers integrated avionics or flight decks, panel-mounted navigation, traffic, audio, transponder, weather, and other products such as portable and wearable solutions, will continue driving its momentum among various flight owners and pilots. Garmin Ltd. (GRMN): Free Stock Analysis Report Aspen Technology, Inc. (AZPN): Free Stock Analysis Report

Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Focus on Citation Excel/XLS With G5000, Garmin strives to deliver an enhanced in-flight experience to pilots of Citation Excel/XLS. Aviation in Focus We believe that the company’s strong endeavors to bolster its aviation segment, which offers integrated avionics or flight decks, panel-mounted navigation, traffic, audio, transponder, weather, and other products such as portable and wearable solutions, will continue driving its momentum among various flight owners and pilots. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Mettler-Toledo MTD, Agilent Technologies A and Aspen Technology AZPN.

Aviation in Focus We believe that the company’s strong endeavors to bolster its aviation segment, which offers integrated avionics or flight decks, panel-mounted navigation, traffic, audio, transponder, weather, and other products such as portable and wearable solutions, will continue driving its momentum among various flight owners and pilots. Coming to the price performance, Garmin has lost 41% on a year-to-date basis. Aspen Technology, Inc. (AZPN): Free Stock Analysis Report

367.0

2022-10-13 00:00:00 UTC

PayPal (PYPL) Boosts Focus on Small Businesses With Terminal

A

https://www.nasdaq.com/articles/paypal-pypl-boosts-focus-on-small-businesses-with-terminal

PayPal PYPL rolled out a digital point-of-sale solution, PayPal Zettle Terminal, in the United States to deliver an enhanced payment experience to small businesses and their customers. Notably, Terminal is an in-store solution, which comes with a pre-loaded SIM card and Zettle point-of-sale app pre-installed. It does not require any second device to pair with and features robust Wi-Fi and cellular connectivity. Terminal enables merchants to accept payments from customers via credit cards, digital wallets, PayPal and Venmo QR Codes, seamlessly and securely. It also helps businesses in sales, inventory, reporting and payments management. We believe that all these features will aid the company in gaining solid momentum among small businesses, which, in turn, will strengthen its seller base. The latest move is likely to boost the total number of payment transactions and total payment volume (TPV) in the days ahead. In second-quarter 2022, PayPal’s total number of payment transactions was 5.5 billion, up 16% on a year-over-year basis. TPV amounted to $339.8 billion, reflecting year-over-year growth of 9% on a spot rate basis and 13% on a currency-neutral basis. PayPal Holdings, Inc. Price and Consensus PayPal Holdings, Inc. price-consensus-chart | PayPal Holdings, Inc. Quote Growing Focus on Small Businesses We note that the latest move bodes well for PayPal’s growing efforts toward strengthening offerings for small businesses. Apart from the latest move, the company recently launched PayPal Business Cashback Mastercard, its business credit card backed by Mastercard and issued by WebBank, with the help of which it strives to cater to the daily financing needs of small businesses. Expanding the global reach of PayPal Business Debit Mastercard remains noteworthy. Notably, the card, which is ideal for small businesses, does not carry any monthly fees or foreign exchange fees. The card allows users to access the funds stored in their PayPal accounts at more than 52 million Mastercard acceptance locations throughout the world. The company offers PayPal Working Capital and PayPal Business Loans, which are focused on catering to the needs of small businesses. We believe that all these endeavors will boost the small merchant base of PayPal, which, in turn, will drive its top-line growth in the days ahead. Growing Digital Payment Initiatives The latest move is in sync with the company’s strengthening digital payment endeavors. In addition to the latest launch, PayPal’s unveiling of a payment card, namely the PayPal Cashback credit card issued by Synchrony, remains a positive. The card allows customers to gain more rewards while shopping online and offline, and paying with PayPal. The card offers a 3% cash back when paying with PayPal at checkout — online, mobile, or in-store with PayPal QR Code. It gives an unlimited 2% cash back on all other purchases made through Mastercard, wherever accepted. PayPal’s partnership with United, under which PayPal QR Code was made available as a payment option for passengers on boarding flights of the latter, remains noteworthy. We believe that all the above-mentioned efforts will continue to expand PayPal’s footprint in the booming digital payment world. Per a report from Statista, this market is expected to generate a transaction value of $8.7 trillion in 2022, which is expected to see a CAGR of 12.8% between 2022 and 2026, and hit $14.1 trillion by 2026. We believe that the company’s growing prospects in this promising market will help it win investor confidence in the near term. Notably, PayPal has lost 55.5% on a year-to-date basis compared with the industry’s decline of 57.5%. Zacks Rank & Stock to Consider Currently, PayPal carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Agilent Technologies A and Aspen Technology AZPN. While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and Aspen Technology carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 27.9% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 15.7%. Agilent Technologies has lost 21.3% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. Aspen Technology has returned 60.4% in the year-to-date period. The long-term earnings growth rate for AZPN is currently projected at 18.2%. 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 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report Aspen Technology, Inc. (AZPN): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report PayPal Holdings, Inc. (PYPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Terminal enables merchants to accept payments from customers via credit cards, digital wallets, PayPal and Venmo QR Codes, seamlessly and securely. The card allows users to access the funds stored in their PayPal accounts at more than 52 million Mastercard acceptance locations throughout the world. We believe that all these endeavors will boost the small merchant base of PayPal, which, in turn, will drive its top-line growth in the days ahead.

Apart from the latest move, the company recently launched PayPal Business Cashback Mastercard, its business credit card backed by Mastercard and issued by WebBank, with the help of which it strives to cater to the daily financing needs of small businesses. While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and Aspen Technology carries a Zacks Rank #2 (Buy) at present. Aspen Technology, Inc. (AZPN): Free Stock Analysis Report

PayPal Holdings, Inc. Price and Consensus PayPal Holdings, Inc. price-consensus-chart | PayPal Holdings, Inc. Quote Growing Focus on Small Businesses We note that the latest move bodes well for PayPal’s growing efforts toward strengthening offerings for small businesses. Apart from the latest move, the company recently launched PayPal Business Cashback Mastercard, its business credit card backed by Mastercard and issued by WebBank, with the help of which it strives to cater to the daily financing needs of small businesses. The company offers PayPal Working Capital and PayPal Business Loans, which are focused on catering to the needs of small businesses.

Apart from the latest move, the company recently launched PayPal Business Cashback Mastercard, its business credit card backed by Mastercard and issued by WebBank, with the help of which it strives to cater to the daily financing needs of small businesses. The card offers a 3% cash back when paying with PayPal at checkout — online, mobile, or in-store with PayPal QR Code. PayPal PYPL rolled out a digital point-of-sale solution, PayPal Zettle Terminal, in the United States to deliver an enhanced payment experience to small businesses and their customers.

368.0

2022-10-13 00:00:00 UTC

Implied Volatility Surging for Agilent Technologies (A) Stock Options

A

https://www.nasdaq.com/articles/implied-volatility-surging-for-agilent-technologies-a-stock-options-1

Investors in Agilent Technologies, Inc. A need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 18, 2022 $100 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Agilent Technologies shares, but what is the fundamental picture for the company? Currently, Agilent Technologies is a Zacks Rank #2 (Buy) in the Electronics - Testing Equipment industry that ranks in the Top 36% of our Zacks Industry Rank. Over the last 60 days, six analysts have increased their earnings estimates for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.35 per share to $1.39 in that period. Given the way analysts feel about Agilent Technologies right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> 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 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. Clearly, options traders are pricing in a big move for Agilent Technologies shares, but what is the fundamental picture for the company? Oftentimes, options traders look for options with high levels of implied volatility to sell premium.

Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. Currently, Agilent Technologies is a Zacks Rank #2 (Buy) in the Electronics - Testing Equipment industry that ranks in the Top 36% of our Zacks Industry Rank. Given the way analysts feel about Agilent Technologies right now, this huge implied volatility could mean there’s a trade developing.

However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Given the way analysts feel about Agilent Technologies right now, this huge implied volatility could mean there’s a trade developing. 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.

369.0

2022-10-13 00:00:00 UTC

Waters (WAT) to Attract Scientists With Extraction+ Device

A

https://www.nasdaq.com/articles/waters-wat-to-attract-scientists-with-extraction-device

Waters Corporation WAT is consistently expanding its portfolio of solutions on the back of product introductions. This is evident from the fact that WAT recently launched a OneLab software-controlled product named Extraction+ Connected Device for the Waters Andrew+ Pipetting Robot. The Extraction+ Connected Device automates and documents solid phase extraction methods for preparing biological, food, forensic, environmental and clinical research applications. With the help of the Extraction+ Connected Device, Waters aims to help scientists reduce errors, ensure assay performance and save up to four hours of bench time for each sample set. Moreover, the intuitive user interface of OneLab software can aid scientists in creating, optimizing and transferring sample preparation methods seamlessly across different labs and users. Thus, the Extraction+ Connected Device is expected to help Waters gain momentum among scientists, which in turn, will drive WAT’s top line in the days ahead. Evidently, this will aid Waters in winning investors’ confidence in the near term and the long haul. Shares of WAT have been down 27.4% in the year-to-date period, outperforming the Computer and Technology sector’s decline of 37.8%. Waters Corporation Price and Consensus Waters Corporation price-consensus-chart | Waters Corporation Quote An Effort to Boost Prospects The recent introduction of the Extraction+ Connected Device is expected to help Waters capitalize on the prospects in the booming sample preparation market. The underlined market’s growth is attributed to the increasing adoption of devices, offering a fast, cost-effective and environmentally-friendly sample preparation. Moreover, the devices minimize extraction steps, reduce solvent consumption and automate the sample preparation method. Per a Coherent Market Insights report, the global sample preparation market is likely to reach $12.6 billion by 2030, witnessing a CAGR of 6.4% between 2022 and 2030. Expanding Portfolio of Solutions Waters keeps bringing advanced technological solutions to better serve customers. The release of the Extraction+ Connected Device is a step forward in this direction. Apart from the recent launch, in June, WAT introduced the new Xevo G3 quadrupole time-of-flight mass spectrometer, a new oligonucleotide sequencing confirmation app named CONFIRM Sequence for the waters_connect software platform and an electrospray ionization source for the high-resolution Waters SELECT SERIES Multi-Reflecting Time of Flight mass spectrometer to drive drug discovery and development. In March, Waters unveiled the Xevo TQ Absolute system, which is up to 15 times more sensitive, 45% smaller in size, and consumes up to 50% less electricity and gas supply. The device is suitable for pharmaceutical, food and beverage, and environmental analytical laboratories in effective quantitative mass spectrometry analyses. We believe that these product offerings will continue to benefit Waters in gaining strong momentum in various end markets served. Zacks Rank & Stocks to Consider Currently, Waters carries a Zacks Rank #3 (Hold). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Agilent Technologies A and Aspen Technology AZPN. While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and Aspen Technology carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Arista Networks has lost 27.9% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 15.7%. Agilent Technologies has lost 21.3% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. Aspen Technology has returned 60.4% in the year-to-date period. The long-term earnings growth rate for AZPN is currently projected at 18.2%. 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 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 Waters Corporation (WAT): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Aspen Technology, Inc. (AZPN): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The Extraction+ Connected Device automates and documents solid phase extraction methods for preparing biological, food, forensic, environmental and clinical research applications. With the help of the Extraction+ Connected Device, Waters aims to help scientists reduce errors, ensure assay performance and save up to four hours of bench time for each sample set. In March, Waters unveiled the Xevo TQ Absolute system, which is up to 15 times more sensitive, 45% smaller in size, and consumes up to 50% less electricity and gas supply.

While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and Aspen Technology carry a Zacks Rank #2 (Buy) at present. Waters Corporation (WAT): Free Stock Analysis Report Aspen Technology, Inc. (AZPN): Free Stock Analysis Report

Waters Corporation Price and Consensus Waters Corporation price-consensus-chart | Waters Corporation Quote An Effort to Boost Prospects The recent introduction of the Extraction+ Connected Device is expected to help Waters capitalize on the prospects in the booming sample preparation market. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Arista Networks ANET, Agilent Technologies A and Aspen Technology AZPN. While Arista Networks sports a Zacks Rank #1 (Strong Buy), Agilent Technologies and Aspen Technology carry a Zacks Rank #2 (Buy) at present.

This is evident from the fact that WAT recently launched a OneLab software-controlled product named Extraction+ Connected Device for the Waters Andrew+ Pipetting Robot. Thus, the Extraction+ Connected Device is expected to help Waters gain momentum among scientists, which in turn, will drive WAT’s top line in the days ahead. Moreover, the devices minimize extraction steps, reduce solvent consumption and automate the sample preparation method.

370.0

2022-10-12 00:00:00 UTC

Garmin (GRMN) Grows Wearable Portfolio With MARQ Watch Series

A

https://www.nasdaq.com/articles/garmin-grmn-grows-wearable-portfolio-with-marq-watch-series

Garmin GRMN introduces a collection of second-generation MARQ watches. The MARQ series consists of MARQ Athlete, MARQ Adventurer, MARQ Golfer, MARQ Captain and MARQ Aviator. The MARQ watches are developed with Grade-5 titanium, sapphire crystal, ceramic and jacquard-weave nylon to provide users with a premium luxury feeling. The wearables feature a vibrant AMOLED touchscreen display and a battery life of up to 16 days. The watches offer useful health and wellness capabilities, and provide support for multi-band GNSS, multi-frequency GPS and Garmin SatIQ technology. The MARQ collection is uniquely designed to serve users with different outdoor preferences. This is expected to boost the adoption rate of MARQ watches among athletes, golfers, pilots and adventurers. With the introduction of the MARQ smartwatch series, Garmin expanded its portfolio of wearable offerings. This is likely to aid GRMN in capitalizing on the prospects in the global wearable devices market, which is anticipated to hit $460.3 billion by 2029, seeing a CAGR of 18.8% during the 2022-2029 forecast period, per a Data Bridge Market Research report. Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Growing Smartwatch Offerings In addition to the latest smartwatch collection, last month, Garmin released the Black Panther watch, a special edition vívofit jr. 3, to provide children with an enhanced fitness tracking experience. In August, Garmin unveiled the Enduro 2 multisport GPS smartwatch featuring LED flashlight, music, enhanced positioning precision and a battery life of up to 150 hours in GPS mode. In June, Garmin introduced the Forerunner 955 Solar smartwatch, featuring solar charging, longer battery life, multi-satellite system tracking, and health and wellness tracking. Garmin’s expanding smartwatch offerings are expected to continue helping it expand its presence in the booming smartwatch market. According to a Facts & Factors report, the underlinedglobal marketis likely to reach $97.5 billion by 2028, witnessing a CAGR of 21.5% between 2022 and 2028. Solidifying Outdoor Segment The introduction of MARQ smartwatches bodes well for Garmin’s consistent efforts to strengthen the outdoor segment. In addition to the latest move, last month, GRMN launched a communication-focused device named inReach Messenger for two-way texting, location sharing and SOS sending. Garmin also released the Delta SE handheld and collar to enable users with simplified dog-training capabilities. The consistent launch of outdoor offerings is expected to help Garmin gain momentum among outdoor enthusiasts. This, in turn, will boost the outdoor segment’s performance in the days ahead. However, Garmin is currently suffering weak demand for advanced wearables and cycling products due to the normalization of demand post the pandemic-induced hike. This remains a downside. Shares of GRMN have been down 42.4% in the year-to-date period, lagging the Computer and Technology sector’s decline of 36.8%. Zacks Rank & Stocks to Consider Currently, Garmin carries a Zacks Rank #4 (Sell). Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Aspen Technology AZPN and America Movil AMX, 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. Agilent Technologies has lost 21.3% in the year-to-date period. The long-term earnings growth rate for A is currently projected at 10%. Aspen Technology has returned 62.4% in the year-to-date period. The long-term earnings growth rate for AZPN is currently projected at 18.2%. America Movil has lost 20.9% in the year-to-date period. The long-term earnings growth rate for AMX is currently projected at 25.7%. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> 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 Garmin Ltd. (GRMN): Free Stock Analysis Report America Movil, S.A.B. de C.V. (AMX): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Aspen Technology, Inc. (AZPN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The MARQ watches are developed with Grade-5 titanium, sapphire crystal, ceramic and jacquard-weave nylon to provide users with a premium luxury feeling. The watches offer useful health and wellness capabilities, and provide support for multi-band GNSS, multi-frequency GPS and Garmin SatIQ technology. In addition to the latest move, last month, GRMN launched a communication-focused device named inReach Messenger for two-way texting, location sharing and SOS sending.

The MARQ series consists of MARQ Athlete, MARQ Adventurer, MARQ Golfer, MARQ Captain and MARQ Aviator. In June, Garmin introduced the Forerunner 955 Solar smartwatch, featuring solar charging, longer battery life, multi-satellite system tracking, and health and wellness tracking. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Aspen Technology AZPN and America Movil AMX, each carrying a Zacks Rank #2 (Buy) at present.

The MARQ series consists of MARQ Athlete, MARQ Adventurer, MARQ Golfer, MARQ Captain and MARQ Aviator. Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Growing Smartwatch Offerings In addition to the latest smartwatch collection, last month, Garmin released the Black Panther watch, a special edition vívofit jr. 3, to provide children with an enhanced fitness tracking experience. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Aspen Technology AZPN and America Movil AMX, each carrying a Zacks Rank #2 (Buy) at present.

Garmin Ltd. Price and Consensus Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote Growing Smartwatch Offerings In addition to the latest smartwatch collection, last month, Garmin released the Black Panther watch, a special edition vívofit jr. 3, to provide children with an enhanced fitness tracking experience. Investors interested in the broader Zacks Computer & Technology sector can consider some better-ranked stocks like Agilent Technologies A, Aspen Technology AZPN and America Movil AMX, each carrying a Zacks Rank #2 (Buy) at present. Garmin Ltd. (GRMN): Free Stock Analysis Report

371.0

2022-10-12 00:00:00 UTC

Why Agilent Technologies (A) is a Top Stock for the Long-Term

A

https://www.nasdaq.com/articles/why-agilent-technologies-a-is-a-top-stock-for-the-long-term

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success. The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what are today's hottest industries. It also includes the Focus List, a long-term portfolio of top stocks that have all the elements to beat the market. Breaking Down the Zacks Focus List Building an investment portfolio from scratch can be difficult, so if you could, wouldn't you take a peek at a curated list of top stocks? Enter the Zacks Focus List. It's a portfolio made up of 50 stocks that are set to beat the market over the next 12 months; each company selected serves as a foundation for long-term investors looking to create an individual portfolio. What makes the Focus List even more helpful is that each selection is accompanied by a full Zacks Analyst Report, which explains the reasoning behind every stock's selection and why we believe it's a good pick for the long-term. The portfolio's past performance only solidifies why investors should consider it as a starting point. For 2020, the Focus List gained 13.85% on an annualized basis compared to the S&P 500's return of 9.38%. Cumulatively, the portfolio has returned 2,519.23% while the S&P returned 854.95%. Returns are for the period of February 1, 1996 to March 31, 2021. Focus List Methodology When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions. Earnings estimates are expectations of growth and profitability, and are determined by brokerage analysts. Together with company management, these analysts examine every aspect that may affect future earnings, like interest rates, the economy, and sector and industry optimism. Earnings estimate revisions are very important, since investors also need to take into consideration what a company will earn in the future. The stocks that receive positive changes to earnings estimates are more likely to receive even more upward changes in the future. Take this example: if an analyst raised their estimates last month, they'll probably do so again this month, and other analysts will follow. Harnessing the power of earnings estimate revisions is where the Zacks Rank comes in. The Zacks Rank, which is a unique, proprietary stock-rating model, employs earnings estimate revisions to make it easier to build a winning portfolio. The Zacks Rank consists of four main pillars: Agreement, Magnitude, Upside, and Surprise. Each one is given a raw score, which is recalculated every night and compiled into the Rank. Then, stocks are classified into five groups, ranging from "Strong Buy" to "Strong Sell," using this data. The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts. Since stock prices respond to revisions, it can be very profitable to buy stocks with rising earnings estimates. By buying Focus List stocks, then, you're likely getting into companies whose future earnings estimates will be raised, potentially leading to price momentum. Focus List Spotlight: Agilent Technologies (A) Palo Alto, CA-based Agilent Technologies, Inc. was originally a spin-off from Hewlett-Packard. The company is an original equipment manufacturer (OEM) of a broad-based portfolio of test and measurement products serving multiple end markets. On July 11, 2017, A was added to the Focus List at $59.86 per share. Shares have increased 109.89% to $125.64 since then, and the company is a #2 (Buy) on the Zacks Rank. For fiscal 2022, eight analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.19 to $5.07. A boasts an average earnings surprise of 5.1%. Moreover, analysts are expecting A's earnings to grow 16.8% for the current fiscal year. Reveal Winning Stocks Unlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. You'll quickly identify which stocks to buy, hold and sell, and target today's hottest industries, to help improve the performance of your portfolio. Gain full access now >> 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The Zacks Rank, which is a unique, proprietary stock-rating model, employs earnings estimate revisions to make it easier to build a winning portfolio. The company is an original equipment manufacturer (OEM) of a broad-based portfolio of test and measurement products serving multiple end markets. You'll quickly identify which stocks to buy, hold and sell, and target today's hottest industries, to help improve the performance of your portfolio.

The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. For fiscal 2022, eight analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.19 to $5.07. Reveal Winning Stocks Unlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium.

The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts. Reveal Winning Stocks Unlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium.

By buying Focus List stocks, then, you're likely getting into companies whose future earnings estimates will be raised, potentially leading to price momentum. For fiscal 2022, eight analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.19 to $5.07. Want the latest recommendations from Zacks Investment Research?

372.0

2022-10-05 00:00:00 UTC

Agilent Technologies (A) Gains As Market Dips: What You Should Know

A

https://www.nasdaq.com/articles/agilent-technologies-a-gains-as-market-dips%3A-what-you-should-know

Agilent Technologies (A) closed the most recent trading day at $132.64, moving +0.94% from the previous trading session. This change outpaced the S&P 500's 0.2% loss on the day. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.12%. Prior to today's trading, shares of the scientific instrument maker had gained 1.63% over the past month. This has outpaced the Computer and Technology sector's loss of 4.64% and the S&P 500's loss of 3.29% in that time. Investors will be hoping for strength from Agilent Technologies as it approaches its next earnings release. On that day, Agilent Technologies is projected to report earnings of $1.39 per share, which would represent year-over-year growth of 14.88%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.77 billion, up 6.43% from the year-ago period. A's full-year Zacks Consensus Estimates are calling for earnings of $5.07 per share and revenue of $6.77 billion. These results would represent year-over-year changes of +16.82% and +7.07%, respectively. Investors might also notice recent changes to analyst estimates for Agilent Technologies. These revisions help to show the ever-changing nature of 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. 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. Agilent Technologies currently has a Zacks Rank of #3 (Hold). Investors should also note Agilent Technologies's current valuation metrics, including its Forward P/E ratio of 25.9. This represents a premium compared to its industry's average Forward P/E of 21.95. Investors should also note that A has a PEG ratio of 2.59 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Electronics - Testing Equipment was holding an average PEG ratio of 2.47 at yesterday's closing price. The Electronics - Testing Equipment industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 97, putting it in the top 39% 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. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable. The metaverse is gaining steam every day. Just follow the money. Google. Microsoft. Adobe. Nike. Facebook even rebranded itself as Meta because Mark Zuckerberg believes the metaverse is the next iteration of the internet. The inevitable result? Many investors will get rich as the metaverse evolves. What do they know that you don't? They’re aware of the companies best poised to grow as the metaverse does. And in a new FREE report, Zacks is revealing those stocks to you. This week, you can download, The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks. It reveals specific stocks set to skyrocket as this emerging technology develops and expands. Don't miss your chance to access it for free with no obligation. >>Show me how I could profit from the metaverse! 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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. Investors should also note Agilent Technologies's current valuation metrics, including its Forward P/E ratio of 25.9. Just Released: Free Report Reveals Little-Known Strategies to Help Profit from the $30 Trillion Metaverse Boom It's undeniable.

On that day, Agilent Technologies is projected to report earnings of $1.39 per share, which would represent year-over-year growth of 14.88%. The Electronics - Testing Equipment was holding an average PEG ratio of 2.47 at yesterday's closing price. 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.

On that day, Agilent Technologies is projected to report earnings of $1.39 per share, which would represent year-over-year growth of 14.88%. 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. Agilent Technologies, Inc. (A): Free Stock Analysis Report

On that day, Agilent Technologies is projected to report earnings of $1.39 per share, which would represent year-over-year growth of 14.88%. Agilent Technologies currently has a Zacks Rank of #3 (Hold). Agilent Technologies, Inc. (A): Free Stock Analysis Report

373.0

2022-10-04 00:00:00 UTC

Itron (ITRI) and SmartThings to Enhance Energy Management

A

https://www.nasdaq.com/articles/itron-itri-and-smartthings-to-enhance-energy-management

Itron Inc. ITRI has announced a collaboration with SmartThings to connect Itron’s industrial IoT (IIoT) network solution and SmartThings’ services and solutions. The partnership will use Itron's distributed intelligence (DI) network, which has millions of linked endpoints, and SmartThings Energy service 1 to give real-time energy readings and consumption trends for better energy management and conservation. This will enhance value to consumers by giving them a complete picture of their energy consumption. Utility partners will be able to sign up people for energy efficiency, demand response, and EV charging programs from the pool of SmartThings applications users. Customers who participate in their utility's program will be better able to control and see their entire grid, cut their energy usage and help utilities move toward their carbon reduction goals. The cloud-to-cloud connectivity may be used by Itron, utility partners and SmartThings to give customers a simple and safe way to authorize data access to DI application data, entire building consumption data and more. Itron’s device solutions business segment has a wide array of standard gas meters, electricity IEC meters, water meters and communicating meters. The company plans to leverage its portfolio to expand its global presence in the utility sector with several collaborations. In July, the company launched the Itron Engage Sales Channel Partner Program in the Asia Pacific region, which provides utilities and municipalities with tools, training and support for Itron’s solutions. The program is aimed at improving energy and water management capabilities and client support for Itron’s sales channel partners. Prior to that, Itron and United Systems & Software collaborated with Sevier County Utility District (“SCUD”) to roll out ITRI’s meter data collection and management solution across SCUD’s gas district in Tennessee. Itron will help SCUD to serve reliable gas services to its 15,000-customer gas district in East Tennessee. Such collaborations are likely to offer a steady revenue stream for the company. However, the company faces heightened competition, leading to the threat of pricing pressure and a loss of market share. A leveraged balance sheet is a further concern. Supply chain issues and inflationary pressure continue to be a headwind for Itron. Also, Itron will likely face temporary redundant costs in product development and general & administrative expenses while executing its restructuring plans. Recent Quarterly Performance of Peers Fortive Corporation FTV reported earnings of 79 cents per share in second-quarter 2022, beating the Zacks Consensus Estimate by 8.3%. Revenues increased 10.9% year over year to $1.46 billion and beat the Zacks Consensus Estimate by 3.6%. Fortive's top line was driven by strong customer demand, especially in North America and Western Europe. However, this was partly offset by persistent supply-chain troubles and the reimposition of lockdown in certain parts of the world. Agilent Technologies A reported earnings of $1.34 per share in third-quarter 2022, beating the Zacks Consensus Estimate by 11.7%. The bottom line increased 21.8% year over year and 18.6% sequentially. Revenues of $1.72 billion surpassed the Zacks Consensus Estimate by 4.9%. Agilent's Revenues increased 6.9% from the prior quarter’s figure. The top-line growth was driven by continued strong growth in the pharma market. Also, solid momentum in the chemical & energy market remained positive. AMETEK Inc AME reported second-quarter 2022 adjusted earnings of $1.38 per share, which beat the Zacks Consensus Estimate by 6.9%. Further, the bottom line rose 20% on a year-over-year basis. Net sales of $1.51 billion surpassed the Zacks Consensus Estimate of $1.46 billion. Further, AME's top line rose 9% year over year. The top-line growth was driven by strong performances of the Electronic Instruments Group and Electromechanical Group segments in the reported quarter. Special Report: The Top 5 IPOs for Your Portfolio Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in. One is set to disrupt the online communication industry. Brilliantly designed for creating online communities, this stock is poised to explode when made public. With the strength of our economy and record amounts of cash flooding into IPOs, you don’t want to miss this opportunity. >>See Zacks’ Hottest IPOs Now 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 Itron, Inc. (ITRI): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report AMETEK, Inc. (AME): Free Stock Analysis Report Fortive Corporation (FTV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Utility partners will be able to sign up people for energy efficiency, demand response, and EV charging programs from the pool of SmartThings applications users. Recent Quarterly Performance of Peers Fortive Corporation FTV reported earnings of 79 cents per share in second-quarter 2022, beating the Zacks Consensus Estimate by 8.3%. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in.

Prior to that, Itron and United Systems & Software collaborated with Sevier County Utility District (“SCUD”) to roll out ITRI’s meter data collection and management solution across SCUD’s gas district in Tennessee. Recent Quarterly Performance of Peers Fortive Corporation FTV reported earnings of 79 cents per share in second-quarter 2022, beating the Zacks Consensus Estimate by 8.3%. Fortive Corporation (FTV): Free Stock Analysis Report

The partnership will use Itron's distributed intelligence (DI) network, which has millions of linked endpoints, and SmartThings Energy service 1 to give real-time energy readings and consumption trends for better energy management and conservation. Recent Quarterly Performance of Peers Fortive Corporation FTV reported earnings of 79 cents per share in second-quarter 2022, beating the Zacks Consensus Estimate by 8.3%. Revenues increased 10.9% year over year to $1.46 billion and beat the Zacks Consensus Estimate by 3.6%.

The partnership will use Itron's distributed intelligence (DI) network, which has millions of linked endpoints, and SmartThings Energy service 1 to give real-time energy readings and consumption trends for better energy management and conservation. Revenues increased 10.9% year over year to $1.46 billion and beat the Zacks Consensus Estimate by 3.6%. Special Report: The Top 5 IPOs for Your Portfolio Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year.

374.0

2022-09-29 00:00:00 UTC

Ex-Dividend Reminder: Agilent Technologies, Brixmor Property Group and Apple Hospitality REIT

A

https://www.nasdaq.com/articles/ex-dividend-reminder%3A-agilent-technologies-brixmor-property-group-and-apple-hospitality

Looking at the universe of stocks we cover at Dividend Channel, on 10/3/22, Agilent Technologies, Inc. (Symbol: A), Brixmor Property Group Inc (Symbol: BRX), and Apple Hospitality REIT Inc (Symbol: APLE) will all trade ex-dividend for their respective upcoming dividends. Agilent Technologies, Inc. will pay its quarterly dividend of $0.21 on 10/26/22, Brixmor Property Group Inc will pay its quarterly dividend of $0.24 on 10/17/22, and Apple Hospitality REIT Inc will pay its monthly dividend of $0.07 on 10/17/22. As a percentage of A's recent stock price of $122.75, this dividend works out to approximately 0.17%, so look for shares of Agilent Technologies, Inc. to trade 0.17% lower — all else being equal — when A shares open for trading on 10/3/22. Similarly, investors should look for BRX to open 1.31% lower in price and for APLE to open 0.49% lower, all else being equal. Below are dividend history charts for A, BRX, and APLE, showing historical dividends prior to the most recent ones declared. Agilent Technologies, Inc. (Symbol: A): Brixmor Property Group Inc (Symbol: BRX): Apple Hospitality REIT Inc (Symbol: APLE): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.68% for Agilent Technologies, Inc., 5.23% for Brixmor Property Group Inc, and 5.92% for Apple Hospitality REIT Inc. In Thursday trading, Agilent Technologies, Inc. shares are currently down about 0.8%, Brixmor Property Group Inc shares are down about 2.4%, and Apple Hospitality REIT Inc shares are down about 2.9% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

As a percentage of A's recent stock price of $122.75, this dividend works out to approximately 0.17%, so look for shares of Agilent Technologies, Inc. to trade 0.17% lower — all else being equal — when A shares open for trading on 10/3/22. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. If they do continue, the current estimated yields on annualized basis would be 0.68% for Agilent Technologies, Inc., 5.23% for Brixmor Property Group Inc, and 5.92% for Apple Hospitality REIT Inc.

Looking at the universe of stocks we cover at Dividend Channel, on 10/3/22, Agilent Technologies, Inc. (Symbol: A), Brixmor Property Group Inc (Symbol: BRX), and Apple Hospitality REIT Inc (Symbol: APLE) will all trade ex-dividend for their respective upcoming dividends. Agilent Technologies, Inc. will pay its quarterly dividend of $0.21 on 10/26/22, Brixmor Property Group Inc will pay its quarterly dividend of $0.24 on 10/17/22, and Apple Hospitality REIT Inc will pay its monthly dividend of $0.07 on 10/17/22. Agilent Technologies, Inc. (Symbol: A): Brixmor Property Group Inc (Symbol: BRX): Apple Hospitality REIT Inc (Symbol: APLE): In general, dividends are not always predictable, following the ups and downs of company profits over time.

Looking at the universe of stocks we cover at Dividend Channel, on 10/3/22, Agilent Technologies, Inc. (Symbol: A), Brixmor Property Group Inc (Symbol: BRX), and Apple Hospitality REIT Inc (Symbol: APLE) will all trade ex-dividend for their respective upcoming dividends. Agilent Technologies, Inc. will pay its quarterly dividend of $0.21 on 10/26/22, Brixmor Property Group Inc will pay its quarterly dividend of $0.24 on 10/17/22, and Apple Hospitality REIT Inc will pay its monthly dividend of $0.07 on 10/17/22. Agilent Technologies, Inc. (Symbol: A): Brixmor Property Group Inc (Symbol: BRX): Apple Hospitality REIT Inc (Symbol: APLE): In general, dividends are not always predictable, following the ups and downs of company profits over time.

Looking at the universe of stocks we cover at Dividend Channel, on 10/3/22, Agilent Technologies, Inc. (Symbol: A), Brixmor Property Group Inc (Symbol: BRX), and Apple Hospitality REIT Inc (Symbol: APLE) will all trade ex-dividend for their respective upcoming dividends. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.68% for Agilent Technologies, Inc., 5.23% for Brixmor Property Group Inc, and 5.92% for Apple Hospitality REIT Inc.

375.0

2022-09-16 00:00:00 UTC

First Week of May 2023 Options Trading For Agilent Technologies (A)

A

https://www.nasdaq.com/articles/first-week-of-may-2023-options-trading-for-agilent-technologies-a

Investors in Agilent Technologies, Inc. (Symbol: A) saw new options begin trading this week, for the May 2023 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 245 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the A options chain for the new May 2023 contracts and identified one put and one call contract of particular interest. The put contract at the $120.00 strike price has a current bid of $8.10. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $120.00, but will also collect the premium, putting the cost basis of the shares at $111.90 (before broker commissions). To an investor already interested in purchasing shares of A, that could represent an attractive alternative to paying $129.95/share today. Because the $120.00 strike represents an approximate 8% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 69%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 6.75% return on the cash commitment, or 10.06% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Agilent Technologies, Inc., and highlighting in green where the $120.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $135.00 strike price has a current bid of $10.60. If an investor was to purchase shares of A stock at the current price level of $129.95/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $135.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 12.04% if the stock gets called away at the May 2023 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if A shares really soar, which is why looking at the trailing twelve month trading history for Agilent Technologies, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing A's trailing twelve month trading history, with the $135.00 strike highlighted in red: Considering the fact that the $135.00 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 47%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 8.16% boost of extra return to the investor, or 12.15% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 38%, while the implied volatility in the call contract example is 34%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $129.95) to be 33%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of Stocks Analysts Like » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Because the $120.00 strike represents an approximate 8% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. Of course, a lot of upside could potentially be left on the table if A shares really soar, which is why looking at the trailing twelve month trading history for Agilent Technologies, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing A's trailing twelve month trading history, with the $135.00 strike highlighted in red: Considering the fact that the $135.00 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected.

The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 69%. Below is a chart showing the trailing twelve month trading history for Agilent Technologies, Inc., and highlighting in green where the $120.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $135.00 strike price has a current bid of $10.60. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 47%.

Below is a chart showing the trailing twelve month trading history for Agilent Technologies, Inc., and highlighting in green where the $120.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $135.00 strike price has a current bid of $10.60. Below is a chart showing A's trailing twelve month trading history, with the $135.00 strike highlighted in red: Considering the fact that the $135.00 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted).

Should the contract expire worthless, the premium would represent a 6.75% return on the cash commitment, or 10.06% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Agilent Technologies, Inc., and highlighting in green where the $120.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $135.00 strike price has a current bid of $10.60. Below is a chart showing A's trailing twelve month trading history, with the $135.00 strike highlighted in red: Considering the fact that the $135.00 strike represents an approximate 4% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected.

376.0

2022-09-16 00:00:00 UTC

Why This 1 Computer and Technology Stock Could Be a Great Addition to Your Portfolio

A

https://www.nasdaq.com/articles/why-this-1-computer-and-technology-stock-could-be-a-great-addition-to-your-portfolio-18

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success. The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what are today's hottest industries. The service also includes the Focus List, which is a long-term portfolio of top stocks that boast a winning, market-beating combination of growth and momentum qualities. Breaking Down the Zacks Focus List Building an investment portfolio from scratch can be difficult, so if you could, wouldn't you take a peek at a curated list of top stocks? That's what the Zacks Focus List, a portfolio of 50 stocks, offers investors. Not only does it serve as a starting point for long-term investors, but all stocks included in the list are poised to outperform the market over the next 12 months. One thing that makes the Focus List even more advantageous is that each pick comes with a full Zacks Analyst Report. This helps explain why each stock was selected and why we believe it's a good pick for the long-term. The portfolio's past performance only solidifies why investors should consider it as a starting point. For 2020, the Focus List gained 13.85% on an annualized basis compared to the S&P 500's return of 9.38%. Cumulatively, the portfolio has returned 2,519.23% while the S&P returned 854.95%. Returns are for the period of February 1, 1996 to March 31, 2021. Focus List Methodology When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions. Brokerage analysts are in charge of determining a company's growth and profitability expectations, or earnings estimates. These analysts work together with company management to evaluate all factors that may affect future earnings, like interest rates, the economy, and sector and industry optimism. Investors also need to look at what a company will earn down the road. This is why earnings estimate revisions are so important. The stocks that receive positive changes to earnings estimates are more likely to receive even more upward changes in the future. Take this example: if an analyst raised their estimates last month, they'll probably do so again this month, and other analysts will follow. Utilizing the power of earnings estimate revisions is when the Zacks Rank joins the party. A unique, proprietary stock-rating model, the Zacks Rank uses changes to quarterly earnings expectations to help investors create a winning portfolio. The Zacks Rank consists of four main pillars: Agreement, Magnitude, Upside, and Surprise. Each one is given a raw score, which is recalculated every night and compiled into the Rank. Then, stocks are classified into five groups, ranging from "Strong Buy" to "Strong Sell," using this data. The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts. It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions. By adding Focus List stocks, there's a great chance you'll be getting into companies whose future earnings estimates will be raised, which can lead to price momentum. Focus List Spotlight: Agilent Technologies (A) Palo Alto, CA-based Agilent Technologies, Inc. was originally a spin-off from Hewlett-Packard. The company is an original equipment manufacturer (OEM) of a broad-based portfolio of test and measurement products serving multiple end markets. A, a #3 (Hold) stock, was added to the Focus List on July 11, 2017 at $59.86 per share. Since then, shares have increased 122.45% to $133.16. Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $0.17 to $5.07. An also boasts an average earnings surprise of 5.1%. Moreover, analysts are expecting A's earnings to grow 16.8% for the current fiscal year. Reveal Winning Stocks Unlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. You'll quickly identify which stocks to buy, hold and sell, and target today's hottest industries, to help improve the performance of your portfolio. Gain full access now >> 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 >> 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The service also includes the Focus List, which is a long-term portfolio of top stocks that boast a winning, market-beating combination of growth and momentum qualities. These analysts work together with company management to evaluate all factors that may affect future earnings, like interest rates, the economy, and sector and industry optimism. You'll quickly identify which stocks to buy, hold and sell, and target today's hottest industries, to help improve the performance of your portfolio.

The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. The service also includes the Focus List, which is a long-term portfolio of top stocks that boast a winning, market-beating combination of growth and momentum qualities. Reveal Winning Stocks Unlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium.

The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts. Reveal Winning Stocks Unlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium.

That's what the Zacks Focus List, a portfolio of 50 stocks, offers investors. One thing that makes the Focus List even more advantageous is that each pick comes with a full Zacks Analyst Report. By adding Focus List stocks, there's a great chance you'll be getting into companies whose future earnings estimates will be raised, which can lead to price momentum.

377.0

2022-09-15 00:00:00 UTC

Agilent (A) Down 6.4% Since Last Earnings Report: Can It Rebound?

A

https://www.nasdaq.com/articles/agilent-a-down-6.4-since-last-earnings-report%3A-can-it-rebound

A month has gone by since the last earnings report for Agilent Technologies (A). Shares have lost about 6.4% in that time frame, outperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Agilent due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Agilent Q3 Earnings Beat Estimates Agilent Technologies reported third-quarter fiscal 2022 earnings of $1.34 per share, beating the Zacks Consensus Estimate by 11.7%. The bottom line increased 21.8% year over year and 18.6% sequentially. Revenues of $1.72 billion surpassed the Zacks Consensus Estimate by 4.9%. The top line was up 8% on a reported basis and 13% on a core basis from the respective year-ago quarter’s levels. Revenues increased 6.9% from the prior quarter’s figure. Top-line growth was driven by continued strong growth in the pharma market. Also, solid momentum in the chemical & energy market remained positive. Segmental Top-Line Details Agilent has three reporting segments, namely Life Sciences & Applied Markets Group (LSAG), Agilent Cross Lab Group (ACG), and Diagnostics and Genomics Group (DGG). LSAG: The segment accounted for $1.02 billion or 59% of its total revenues, up 14% on a reported basis and 18% on a core basis from the respective prior-year quarter’s levels. This was driven by a positive environment across the Pharma, Chemical & Energy, Food, and Environmental & Forensics markets. Growth in LC & LC-MS instruments and Spectroscopy, Consumables and Chemistries, and Cell Analysis platforms also aided results. ACG: Revenues from the segment were $359 million, accounting for 21% of total revenues. Also, the top line improved 5% year over year on a reported basis and 10% on a core basis, driven by growth in instrument sales. Strong performance of lab activity in China also drove the segment’s results. DGG: Revenues decreased 2% year over year on a reported basis but rose 3% on a core basis to $340 million, accounting for the remaining 20% of total revenues. The metric was negatively impacted by the shutdown of NASD facility. Nevertheless, strong performance across clinical cancer testing and NGS businesses benefited the results. Operating Results For the fiscal third quarter, gross margin in the LSAG segment expanded 10 basis points (bps) on a year-over-year basis to 60.5%. DGG’s gross margin expanded 50 bps on a year-over-year basis to 54%. ACG gross margin expanded 40 bps to 47%. Research & development costs were $116 million, up 2.7% year over year. Selling, general & administrative expenses were $412 million, up 2.2% year over year. Operating margin for the fiscal third quarter was 27.5%, expanding 150 bps on a year-over-year basis. Segment wise, the operating margin for LSAG was up 260 bps year over year to 30.5%. The DGG segment’s operating margin contracted 110 bps on a year-over-year basis to 21.5%. ACG’s operating margin was 24.6%, which expanded 20 bps from the year-ago quarter’s level. Balance Sheet As of Jul 31, 2022, Agilent’s cash and cash equivalents were $1.07 billion, down from $1.19 billion on Apr 30, 2022. Accounts receivables were $1.35 billion at the end of third-quarter fiscal 2022, up from $1.24 billion at the end of second-quarter fiscal 2022. Long-term debt was $2.732 billion for the reported quarter, up from $2.730 billion in the prior quarter. Outlook For the fiscal fourth quarter, management expects revenues of $1.750-$1.775 billion, suggesting growth between 10.3% and 11.8% on a core basis from the year-ago fiscal quarter’s actuals. Non-GAAP earnings per share are expected to be $1.38-1.40. For fiscal 2022, management anticipates revenues in the band of $6.750-$6.775 billion, implying growth of 6.8-7.2% on a reported basis and 9.9-10.3% on a core basis from the respective fiscal 2021 tallies. Management raised its guidance for non-GAAP earnings per share from $4.86-$4.93 to $5.06-$5.08. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed an upward trend in estimates review. VGM Scores Currently, Agilent has an average Growth Score of C, however its Momentum Score is doing a bit better with a B. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Agilent has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation. >>Send me my free report on the top 5 EV stocks 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 Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Growth in LC & LC-MS instruments and Spectroscopy, Consumables and Chemistries, and Cell Analysis platforms also aided results. Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.

Agilent Q3 Earnings Beat Estimates Agilent Technologies reported third-quarter fiscal 2022 earnings of $1.34 per share, beating the Zacks Consensus Estimate by 11.7%. Also, the top line improved 5% year over year on a reported basis and 10% on a core basis, driven by growth in instrument sales. Operating Results For the fiscal third quarter, gross margin in the LSAG segment expanded 10 basis points (bps) on a year-over-year basis to 60.5%.

Agilent Q3 Earnings Beat Estimates Agilent Technologies reported third-quarter fiscal 2022 earnings of $1.34 per share, beating the Zacks Consensus Estimate by 11.7%. LSAG: The segment accounted for $1.02 billion or 59% of its total revenues, up 14% on a reported basis and 18% on a core basis from the respective prior-year quarter’s levels. DGG: Revenues decreased 2% year over year on a reported basis but rose 3% on a core basis to $340 million, accounting for the remaining 20% of total revenues.

A month has gone by since the last earnings report for Agilent Technologies (A). Also, the top line improved 5% year over year on a reported basis and 10% on a core basis, driven by growth in instrument sales. Agilent Technologies, Inc. (A): Free Stock Analysis Report

378.0

2022-09-11 00:00:00 UTC

Have Agilent Technologies, Inc. (NYSE:A) Insiders Been Selling Their Stock?

A

https://www.nasdaq.com/articles/have-agilent-technologies-inc.-nyse%3Aa-insiders-been-selling-their-stock

We'd be surprised if Agilent Technologies, Inc. (NYSE:A) shareholders haven't noticed that the Senior VP & President of Agilent Cross Lab Group, Padraig McDonnell, recently sold US$337k worth of stock at US$134 per share. That sale was 14% of their holding, so it does make us raise an eyebrow. Agilent Technologies Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider sale was by the CEO, President & Director, Michael McMullen, for US$18m worth of shares, at about US$149 per share. So we know that an insider sold shares at around the present share price of US$138. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign. In the last year Agilent Technologies insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! NYSE:A Insider Trading Volume September 11th 2022 I will like Agilent Technologies better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying. Does Agilent Technologies Boast High Insider Ownership? Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Agilent Technologies insiders own about US$114m worth of shares (which is 0.3% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders. So What Do The Agilent Technologies Insider Transactions Indicate? An insider sold Agilent Technologies shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But it is good to see that Agilent Technologies is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Agilent Technologies. You'd be interested to know, that we found 1 warning sign for Agilent Technologies and we suggest you have a look. But note: Agilent Technologies may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

While we wait, check out this free list of growing companies with considerable, recent, insider buying. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Agilent Technologies. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.

In the last year Agilent Technologies insiders didn't buy any company stock. Does Agilent Technologies Boast High Insider Ownership? An insider sold Agilent Technologies shares recently, but they didn't buy any.

Agilent Technologies Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider sale was by the CEO, President & Director, Michael McMullen, for US$18m worth of shares, at about US$149 per share. In the last year Agilent Technologies insiders didn't buy any company stock. An insider sold Agilent Technologies shares recently, but they didn't buy any.

Agilent Technologies insiders own about US$114m worth of shares (which is 0.3% of the company). So What Do The Agilent Technologies Insider Transactions Indicate? But note: Agilent Technologies may not be the best stock to buy.

379.0

2023-12-16 00:00:00 UTC

Alcoa Reaches Analyst Target Price

AA

https://www.nasdaq.com/articles/alcoa-reaches-analyst-target-price-1

In recent trading, shares of Alcoa Corporation (Symbol: AA) have crossed above the average analyst 12-month target price of $30.60, changing hands for $31.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 10 different analyst targets within the Zacks coverage universe contributing to that average for Alcoa Corporation, but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $25.00. And then on the other side of the spectrum one analyst has a target as high as $46.00. The standard deviation is $6.995. But the whole reason to look at the average AA price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AA crossing above that average target price of $30.60/share, investors in AA have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $30.60 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Alcoa Corporation: RECENT AA ANALYST RATINGS BREAKDOWN » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 3 3 4 4 Buy ratings: 0 0 0 0 Hold ratings: 5 5 5 5 Sell ratings: 0 0 0 0 Strong sell ratings: 2 2 2 2 Average rating: 2.73 2.73 2.57 2.57 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on AA — FREE. The Top 25 Broker Analyst Picks of the S&P 500 » Also see: • INBK market cap history • CMA Earnings History • FLST Insider Buying The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In recent trading, shares of Alcoa Corporation (Symbol: AA) have crossed above the average analyst 12-month target price of $30.60, changing hands for $31.10/share. And so with AA crossing above that average target price of $30.60/share, investors in AA have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $30.60 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? But the whole reason to look at the average AA price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.

In recent trading, shares of Alcoa Corporation (Symbol: AA) have crossed above the average analyst 12-month target price of $30.60, changing hands for $31.10/share. But the whole reason to look at the average AA price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AA crossing above that average target price of $30.60/share, investors in AA have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $30.60 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?

And so with AA crossing above that average target price of $30.60/share, investors in AA have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $30.60 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of Alcoa Corporation (Symbol: AA) have crossed above the average analyst 12-month target price of $30.60, changing hands for $31.10/share. But the whole reason to look at the average AA price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.

In recent trading, shares of Alcoa Corporation (Symbol: AA) have crossed above the average analyst 12-month target price of $30.60, changing hands for $31.10/share. But the whole reason to look at the average AA price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with AA crossing above that average target price of $30.60/share, investors in AA have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $30.60 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?

380.0

2023-12-15 00:00:00 UTC

AA Quantitative Stock Analysis

AA

https://www.nasdaq.com/articles/aa-quantitative-stock-analysis-0

Below is Validea's guru fundamental report for ALCOA CORP (AA). Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. ALCOA CORP (AA) is a mid-cap value stock in the Metal Mining 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. PRICE/SALES RATIO: PASS TOTAL DEBT/EQUITY RATIO: FAIL PRICE/RESEARCH RATIO: PASS PRICE/SALES RATIO: PASS LONG-TERM EPS GROWTH RATE: FAIL FREE CASH PER SHARE: PASS THREE YEAR AVERAGE NET PROFIT MARGIN: FAIL Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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 Factor-Based ETF Portfolios Harry Browne Permanent Portfolio Ray Dalio All Weather Portfolio High Shareholder Yield Stocks About Validea: Validea is aninvestment researchservice 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 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ALCOA CORP (AA) is a mid-cap value stock in the Metal Mining industry. Below is Validea's guru fundamental report for ALCOA CORP (AA). Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

Below is Validea's guru fundamental report for ALCOA CORP (AA). Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Below is Validea's guru fundamental report for ALCOA CORP (AA).

Below is Validea's guru fundamental report for ALCOA CORP (AA). Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

381.0

2023-12-14 00:00:00 UTC

Notable Friday Option Activity: CPE, AA, TGT

AA

https://www.nasdaq.com/articles/notable-friday-option-activity%3A-cpe-aa-tgt

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Callon Petroleum Co. (Symbol: CPE), where a total volume of 16,328 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 99.6% of CPE's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $29 strike call option expiring December 15, 2023, with 2,603 contracts trading so far today, representing approximately 260,300 underlying shares of CPE. Below is a chart showing CPE's trailing twelve month trading history, with the $29 strike highlighted in orange: Alcoa Corporation (Symbol: AA) saw options trading volume of 53,230 contracts, representing approximately 5.3 million underlying shares or approximately 98.7% of AA's average daily trading volume over the past month, of 5.4 million shares. Particularly high volume was seen for the $33 strike call option expiring January 19, 2024, with 2,009 contracts trading so far today, representing approximately 200,900 underlying shares of AA. Below is a chart showing AA's trailing twelve month trading history, with the $33 strike highlighted in orange: And Target Corp (Symbol: TGT) saw options trading volume of 39,701 contracts, representing approximately 4.0 million underlying shares or approximately 87.7% of TGT's average daily trading volume over the past month, of 4.5 million shares. Especially high volume was seen for the $150 strike call option expiring January 19, 2024, with 3,311 contracts trading so far today, representing approximately 331,100 underlying shares of TGT. Below is a chart showing TGT's trailing twelve month trading history, with the $150 strike highlighted in orange: For the various different available expirations for CPE options, AA options, or TGT options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also see: • Top Stocks Held By Daniel Loeb • CLW Price Target • BOOT Videos The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Particularly high volume was seen for the $33 strike call option expiring January 19, 2024, with 2,009 contracts trading so far today, representing approximately 200,900 underlying shares of AA. Below is a chart showing CPE's trailing twelve month trading history, with the $29 strike highlighted in orange: Alcoa Corporation (Symbol: AA) saw options trading volume of 53,230 contracts, representing approximately 5.3 million underlying shares or approximately 98.7% of AA's average daily trading volume over the past month, of 5.4 million shares. Below is a chart showing AA's trailing twelve month trading history, with the $33 strike highlighted in orange: And Target Corp (Symbol: TGT) saw options trading volume of 39,701 contracts, representing approximately 4.0 million underlying shares or approximately 87.7% of TGT's average daily trading volume over the past month, of 4.5 million shares.

Below is a chart showing CPE's trailing twelve month trading history, with the $29 strike highlighted in orange: Alcoa Corporation (Symbol: AA) saw options trading volume of 53,230 contracts, representing approximately 5.3 million underlying shares or approximately 98.7% of AA's average daily trading volume over the past month, of 5.4 million shares. Particularly high volume was seen for the $33 strike call option expiring January 19, 2024, with 2,009 contracts trading so far today, representing approximately 200,900 underlying shares of AA. Below is a chart showing AA's trailing twelve month trading history, with the $33 strike highlighted in orange: And Target Corp (Symbol: TGT) saw options trading volume of 39,701 contracts, representing approximately 4.0 million underlying shares or approximately 87.7% of TGT's average daily trading volume over the past month, of 4.5 million shares.

Below is a chart showing CPE's trailing twelve month trading history, with the $29 strike highlighted in orange: Alcoa Corporation (Symbol: AA) saw options trading volume of 53,230 contracts, representing approximately 5.3 million underlying shares or approximately 98.7% of AA's average daily trading volume over the past month, of 5.4 million shares. Below is a chart showing AA's trailing twelve month trading history, with the $33 strike highlighted in orange: And Target Corp (Symbol: TGT) saw options trading volume of 39,701 contracts, representing approximately 4.0 million underlying shares or approximately 87.7% of TGT's average daily trading volume over the past month, of 4.5 million shares. Particularly high volume was seen for the $33 strike call option expiring January 19, 2024, with 2,009 contracts trading so far today, representing approximately 200,900 underlying shares of AA.

Below is a chart showing CPE's trailing twelve month trading history, with the $29 strike highlighted in orange: Alcoa Corporation (Symbol: AA) saw options trading volume of 53,230 contracts, representing approximately 5.3 million underlying shares or approximately 98.7% of AA's average daily trading volume over the past month, of 5.4 million shares. Particularly high volume was seen for the $33 strike call option expiring January 19, 2024, with 2,009 contracts trading so far today, representing approximately 200,900 underlying shares of AA. Below is a chart showing AA's trailing twelve month trading history, with the $33 strike highlighted in orange: And Target Corp (Symbol: TGT) saw options trading volume of 39,701 contracts, representing approximately 4.0 million underlying shares or approximately 87.7% of TGT's average daily trading volume over the past month, of 4.5 million shares.

382.0

2023-12-07 00:00:00 UTC

Notable Thursday Option Activity: AA, CIEN, PANW

AA

https://www.nasdaq.com/articles/notable-thursday-option-activity%3A-aa-cien-panw

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Alcoa Corporation (Symbol: AA), where a total of 20,941 contracts have traded so far, representing approximately 2.1 million underlying shares. That amounts to about 48.5% of AA's average daily trading volume over the past month of 4.3 million shares. Especially high volume was seen for the $45 strike put option expiring January 19, 2024, with 1,130 contracts trading so far today, representing approximately 113,000 underlying shares of AA. Below is a chart showing AA's trailing twelve month trading history, with the $45 strike highlighted in orange: Ciena Corp (Symbol: CIEN) saw options trading volume of 5,376 contracts, representing approximately 537,600 underlying shares or approximately 48.4% of CIEN's average daily trading volume over the past month, of 1.1 million shares. Especially high volume was seen for the $50 strike call option expiring December 15, 2023, with 2,476 contracts trading so far today, representing approximately 247,600 underlying shares of CIEN. Below is a chart showing CIEN's trailing twelve month trading history, with the $50 strike highlighted in orange: And Palo Alto Networks, Inc (Symbol: PANW) saw options trading volume of 26,547 contracts, representing approximately 2.7 million underlying shares or approximately 48.4% of PANW's average daily trading volume over the past month, of 5.5 million shares. Particularly high volume was seen for the $285 strike put option expiring December 08, 2023, with 2,482 contracts trading so far today, representing approximately 248,200 underlying shares of PANW. Below is a chart showing PANW's trailing twelve month trading history, with the $285 strike highlighted in orange: For the various different available expirations for AA options, CIEN options, or PANW options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also see: • ATLO Options Chain • USO YTD Return • GBX Dividend Growth Rate The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Especially high volume was seen for the $45 strike put option expiring January 19, 2024, with 1,130 contracts trading so far today, representing approximately 113,000 underlying shares of AA. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Alcoa Corporation (Symbol: AA), where a total of 20,941 contracts have traded so far, representing approximately 2.1 million underlying shares. That amounts to about 48.5% of AA's average daily trading volume over the past month of 4.3 million shares.

Below is a chart showing AA's trailing twelve month trading history, with the $45 strike highlighted in orange: Ciena Corp (Symbol: CIEN) saw options trading volume of 5,376 contracts, representing approximately 537,600 underlying shares or approximately 48.4% of CIEN's average daily trading volume over the past month, of 1.1 million shares. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Alcoa Corporation (Symbol: AA), where a total of 20,941 contracts have traded so far, representing approximately 2.1 million underlying shares. That amounts to about 48.5% of AA's average daily trading volume over the past month of 4.3 million shares.

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Alcoa Corporation (Symbol: AA), where a total of 20,941 contracts have traded so far, representing approximately 2.1 million underlying shares. Below is a chart showing AA's trailing twelve month trading history, with the $45 strike highlighted in orange: Ciena Corp (Symbol: CIEN) saw options trading volume of 5,376 contracts, representing approximately 537,600 underlying shares or approximately 48.4% of CIEN's average daily trading volume over the past month, of 1.1 million shares. That amounts to about 48.5% of AA's average daily trading volume over the past month of 4.3 million shares.

Below is a chart showing AA's trailing twelve month trading history, with the $45 strike highlighted in orange: Ciena Corp (Symbol: CIEN) saw options trading volume of 5,376 contracts, representing approximately 537,600 underlying shares or approximately 48.4% of CIEN's average daily trading volume over the past month, of 1.1 million shares. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Alcoa Corporation (Symbol: AA), where a total of 20,941 contracts have traded so far, representing approximately 2.1 million underlying shares. That amounts to about 48.5% of AA's average daily trading volume over the past month of 4.3 million shares.

383.0

2023-12-07 00:00:00 UTC

HSBC Initiates Coverage of Alcoa (AA) with Hold Recommendation

AA

https://www.nasdaq.com/articles/hsbc-initiates-coverage-of-alcoa-aa-with-hold-recommendation

Fintel reports that on December 7, 2023, HSBC initiated coverage of Alcoa (NYSE:AA) with a Hold recommendation. Analyst Price Forecast Suggests 15.72% Upside As of November 27, 2023, the average one-year price target for Alcoa is 29.07. The forecasts range from a low of 14.14 to a high of $47.25. The average price target represents an increase of 15.72% from its latest reported closing price of 25.12. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Alcoa is 12,227MM, an increase of 15.14%. The projected annual non-GAAP EPS is 3.60. For more in-depth coverage of Alcoa, view the free, crowd-sourced company research report on Finpedia. Alcoa Declares $0.10 Dividend On October 18, 2023 the company declared a regular quarterly dividend of $0.10 per share ($0.40 annualized). Shareholders of record as of October 31, 2023 received the payment on November 17, 2023. Previously, the company paid $0.10 per share. At the current share price of $25.12 / share, the stock's dividend yield is 1.59%. Looking back five years and taking a sample every week, the average dividend yield has been 1.69%, the lowest has been 0.43%, and the highest has been 7.05%. The standard deviation of yields is 1.15 (n=236). The current dividend yield is 0.09 standard deviations below the historical average. Additionally, the company's dividend payout ratio is -0.10. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5. The company's 3-Year dividend growth rate is -0.20%. What is the Fund Sentiment? There are 877 funds or institutions reporting positions in Alcoa. This is a decrease of 3 owner(s) or 0.34% in the last quarter. Average portfolio weight of all funds dedicated to AA is 0.17%, a decrease of 3.28%. Total shares owned by institutions increased in the last three months by 1.16% to 166,346K shares. The put/call ratio of AA is 0.96, indicating a bullish outlook. What are Other Shareholders Doing? VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,578K shares representing 3.13% ownership of the company. In it's prior filing, the firm reported owning 5,574K shares, representing an increase of 0.08%. The firm decreased its portfolio allocation in AA by 11.03% over the last quarter. IJH - iShares Core S&P Mid-Cap ETF holds 5,577K shares representing 3.13% ownership of the company. In it's prior filing, the firm reported owning 5,412K shares, representing an increase of 2.97%. The firm decreased its portfolio allocation in AA by 13.50% over the last quarter. Bank of New York Mellon holds 4,911K shares representing 2.75% ownership of the company. In it's prior filing, the firm reported owning 7,536K shares, representing a decrease of 53.45%. The firm decreased its portfolio allocation in AA by 93.50% over the last quarter. NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 4,595K shares representing 2.57% ownership of the company. In it's prior filing, the firm reported owning 4,606K shares, representing a decrease of 0.24%. The firm decreased its portfolio allocation in AA by 10.42% over the last quarter. Millennium Management holds 4,556K shares representing 2.55% ownership of the company. In it's prior filing, the firm reported owning 3,161K shares, representing an increase of 30.62%. The firm increased its portfolio allocation in AA by 26.34% over the last quarter. Alcoa Background Information (This description is provided by the company.) Alcoa is a global industry leader in bauxite, alumina, and aluminum products, and is built on a foundation of strong values and operating excellence dating back more than 130 years to the world-changing discovery that made aluminum an affordable and vital part of modern life. Since developing the aluminum industry, and throughout our history, our talented Alcoans have followed on with breakthrough innovations and best practices that have led to efficiency, safety, sustainability, and stronger communities wherever we operate. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Fintel reports that on December 7, 2023, HSBC initiated coverage of Alcoa (NYSE:AA) with a Hold recommendation. The projected annual non-GAAP EPS is 3.60. Average portfolio weight of all funds dedicated to AA is 0.17%, a decrease of 3.28%.

Fintel reports that on December 7, 2023, HSBC initiated coverage of Alcoa (NYSE:AA) with a Hold recommendation. The projected annual non-GAAP EPS is 3.60. Average portfolio weight of all funds dedicated to AA is 0.17%, a decrease of 3.28%.

Fintel reports that on December 7, 2023, HSBC initiated coverage of Alcoa (NYSE:AA) with a Hold recommendation. The projected annual non-GAAP EPS is 3.60. Average portfolio weight of all funds dedicated to AA is 0.17%, a decrease of 3.28%.

Fintel reports that on December 7, 2023, HSBC initiated coverage of Alcoa (NYSE:AA) with a Hold recommendation. The projected annual non-GAAP EPS is 3.60. Average portfolio weight of all funds dedicated to AA is 0.17%, a decrease of 3.28%.

384.0

2023-12-06 00:00:00 UTC

Here's Why Alcoa (AA) Fell More Than Broader Market

AA

https://www.nasdaq.com/articles/heres-why-alcoa-aa-fell-more-than-broader-market

The most recent trading session ended with Alcoa (AA) standing at $25.12, reflecting a -0.48% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.39%. Elsewhere, the Dow lost 0.19%, while the tech-heavy Nasdaq lost 0.59%. The bauxite, alumina and aluminum products company's stock has dropped by 1.17% in the past month, falling short of the Industrial Products sector's gain of 4.21% and the S&P 500's gain of 5.08%. Analysts and investors alike will be keeping a close eye on the performance of Alcoa in its upcoming earnings disclosure. In that report, analysts expect Alcoa to post earnings of -$0.82 per share. This would mark a year-over-year decline of 17.14%. Alongside, our most recent consensus estimate is anticipating revenue of $2.62 billion, indicating a 1.66% downward movement from the same quarter last year. For the annual period, the Zacks Consensus Estimates anticipate earnings of -$2.39 per share and a revenue of $10.67 billion, signifying shifts of -149.48% and -14.3%, respectively, from the last year. Any recent changes to analyst estimates for Alcoa should also be noted by investors. These revisions help to show the ever-changing nature of 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 suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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. Over the past month, the Zacks Consensus EPS estimate has shifted 0.42% upward. Currently, Alcoa is carrying a Zacks Rank of #4 (Sell). The Metal Products - Distribution industry is part of the Industrial Products sector. This industry, currently bearing a Zacks Industry Rank of 239, finds itself in the bottom 6% echelons of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow AA in the coming trading sessions, be sure to utilize Zacks.com. Zacks Reveals ChatGPT "Sleeper" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other "must buys." Plus more. Download Free ChatGPT Stock Report Right Now >> 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 Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The most recent trading session ended with Alcoa (AA) standing at $25.12, reflecting a -0.48% shift from the previouse trading day's closing. To follow AA in the coming trading sessions, be sure to utilize Zacks.com. Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here.

The most recent trading session ended with Alcoa (AA) standing at $25.12, reflecting a -0.48% shift from the previouse trading day's closing. Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. To follow AA in the coming trading sessions, be sure to utilize Zacks.com.

The most recent trading session ended with Alcoa (AA) standing at $25.12, reflecting a -0.48% shift from the previouse trading day's closing. To follow AA in the coming trading sessions, be sure to utilize Zacks.com. Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here.

The most recent trading session ended with Alcoa (AA) standing at $25.12, reflecting a -0.48% shift from the previouse trading day's closing. To follow AA in the coming trading sessions, be sure to utilize Zacks.com. Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here.

385.0

2023-12-01 00:00:00 UTC

Global aluminium producer seeks Q1 premium of $95/T -sources

AA

https://www.nasdaq.com/articles/global-aluminium-producer-seeks-q1-premium-of-%2495-t-sources-0

By Yuka Obayashi TOKYO, Dec 1 (Reuters) - A global aluminium producer has offered Japanese buyers a premium of $95 per metric ton for January-March primary metal shipments, down 2% from the current quarter, three sources directly involved in quarterly pricing talks said. Japan is Asia's biggest importer of the metal and the premiums for primary metal shipments it agrees to pay each quarter over the London Metal Exchange (LME) cash price CMAL0 set the benchmark for the region. The figure is lower than the $97 per tonPREM-ALUM-JPpaid in October to December, which was down 24% from the prior quarter, and is the lowest since the January-March quarter this year. The quarterly pricing negotiations began late last month between Japanese buyers and global suppliers, including Rio Tinto Ltd RIO.AX and South32 Ltd S32.AX, and are expected to continue until later this month. The initial offer of $95 came from one global producer, while another supplier indicated a similar level although it was not an offer, a source at a Japanese trading house said. "But buyers are demanding lower levels as spot premiums are hovering at around $80 amid dull demand and as Japanese companies want to reduce inventories ahead of the end of the financial year in March," the source said. Aluminium stocks at three major Japanese ports AL-STK-JPPRT stood at 377,200 tonnes at the end of October, above 287,100 tonnes a year earlier, according to Marubeni Corp 8002.T. Reflecting sluggish demand, Japan's shipment of aluminium sheets and extrusions fell 1.4% in October on year, marking the 20th consecutive month of decline, data of the Japan Aluminium Association shows. Weakening premiums amid slack demand in Europe and the United States were also behind the buyers' requests for lower Japan premiums, another source at a local aluminium rolling mill said. The sources declined to be identified because of the sensitivity of the discussions. (Reporting by Yuka Obayashi; Editing by Sonali Paul and Stephen Coates) ((Yuka.Obayashi@thomsonreuters.com; +813-4520-1265)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

By Yuka Obayashi TOKYO, Dec 1 (Reuters) - A global aluminium producer has offered Japanese buyers a premium of $95 per metric ton for January-March primary metal shipments, down 2% from the current quarter, three sources directly involved in quarterly pricing talks said. "But buyers are demanding lower levels as spot premiums are hovering at around $80 amid dull demand and as Japanese companies want to reduce inventories ahead of the end of the financial year in March," the source said. Reflecting sluggish demand, Japan's shipment of aluminium sheets and extrusions fell 1.4% in October on year, marking the 20th consecutive month of decline, data of the Japan Aluminium Association shows.

By Yuka Obayashi TOKYO, Dec 1 (Reuters) - A global aluminium producer has offered Japanese buyers a premium of $95 per metric ton for January-March primary metal shipments, down 2% from the current quarter, three sources directly involved in quarterly pricing talks said. The quarterly pricing negotiations began late last month between Japanese buyers and global suppliers, including Rio Tinto Ltd RIO.AX and South32 Ltd S32.AX, and are expected to continue until later this month. Reflecting sluggish demand, Japan's shipment of aluminium sheets and extrusions fell 1.4% in October on year, marking the 20th consecutive month of decline, data of the Japan Aluminium Association shows.

By Yuka Obayashi TOKYO, Dec 1 (Reuters) - A global aluminium producer has offered Japanese buyers a premium of $95 per metric ton for January-March primary metal shipments, down 2% from the current quarter, three sources directly involved in quarterly pricing talks said. "But buyers are demanding lower levels as spot premiums are hovering at around $80 amid dull demand and as Japanese companies want to reduce inventories ahead of the end of the financial year in March," the source said. Reflecting sluggish demand, Japan's shipment of aluminium sheets and extrusions fell 1.4% in October on year, marking the 20th consecutive month of decline, data of the Japan Aluminium Association shows.

By Yuka Obayashi TOKYO, Dec 1 (Reuters) - A global aluminium producer has offered Japanese buyers a premium of $95 per metric ton for January-March primary metal shipments, down 2% from the current quarter, three sources directly involved in quarterly pricing talks said. Aluminium stocks at three major Japanese ports AL-STK-JPPRT stood at 377,200 tonnes at the end of October, above 287,100 tonnes a year earlier, according to Marubeni Corp 8002.T. Weakening premiums amid slack demand in Europe and the United States were also behind the buyers' requests for lower Japan premiums, another source at a local aluminium rolling mill said.

386.0

2023-11-30 00:00:00 UTC

Alcoa (AA) Outperforms Broader Market: What You Need to Know

AA

https://www.nasdaq.com/articles/alcoa-aa-outperforms-broader-market%3A-what-you-need-to-know

In the latest market close, Alcoa (AA) reached $26.86, with a +1.59% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.38% for the day. On the other hand, the Dow registered a gain of 1.47%, and the technology-centric Nasdaq decreased by 0.23%. The bauxite, alumina and aluminum products company's shares have seen an increase of 5.63% over the last month, not keeping up with the Industrial Products sector's gain of 8.45% and the S&P 500's gain of 10.72%. Analysts and investors alike will be keeping a close eye on the performance of Alcoa in its upcoming earnings disclosure. On that day, Alcoa is projected to report earnings of -$0.82 per share, which would represent a year-over-year decline of 17.14%. Alongside, our most recent consensus estimate is anticipating revenue of $2.62 billion, indicating a 1.66% downward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of -$2.39 per share and a revenue of $10.67 billion, demonstrating changes of -149.48% and -14.3%, respectively, from the preceding year. Investors should also pay attention to any latest changes in analyst estimates for Alcoa. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.42% higher. Currently, Alcoa is carrying a Zacks Rank of #4 (Sell). The Metal Products - Distribution industry is part of the Industrial Products sector. With its current Zacks Industry Rank of 240, this industry ranks in the bottom 5% of all industries, numbering over 250. The Zacks Industry Rank is ordered 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. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services likeSurprise Trader, Stocks Under $10, Technology Innovators,and more. They've already closed 162 positions with double- and triple-digit gains in 2023 alone. See Stocks Now >> 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 Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In the latest market close, Alcoa (AA) reached $26.86, with a +1.59% movement compared to the previous day. Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. Analysts and investors alike will be keeping a close eye on the performance of Alcoa in its upcoming earnings disclosure.

Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. In the latest market close, Alcoa (AA) reached $26.86, with a +1.59% movement compared to the previous day. For the full year, the Zacks Consensus Estimates project earnings of -$2.39 per share and a revenue of $10.67 billion, demonstrating changes of -149.48% and -14.3%, respectively, from the preceding year.

In the latest market close, Alcoa (AA) reached $26.86, with a +1.59% movement compared to the previous day. Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. For the full year, the Zacks Consensus Estimates project earnings of -$2.39 per share and a revenue of $10.67 billion, demonstrating changes of -149.48% and -14.3%, respectively, from the preceding year.

In the latest market close, Alcoa (AA) reached $26.86, with a +1.59% movement compared to the previous day. Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. For the full year, the Zacks Consensus Estimates project earnings of -$2.39 per share and a revenue of $10.67 billion, demonstrating changes of -149.48% and -14.3%, respectively, from the preceding year.

387.0

2023-11-24 00:00:00 UTC

Alcoa (AA) Stock Declines While Market Improves: Some Information for Investors

AA

https://www.nasdaq.com/articles/alcoa-aa-stock-declines-while-market-improves%3A-some-information-for-investors

Alcoa (AA) ended the recent trading session at $26.24, demonstrating a -0.53% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.33%, and the Nasdaq, a tech-heavy index, lost 0.11%. The the stock of bauxite, alumina and aluminum products company has risen by 12.21% in the past month, leading the Industrial Products sector's gain of 7.37% and the S&P 500's gain of 8.22%. Market participants will be closely following the financial results of Alcoa in its upcoming release. The company is forecasted to report an EPS of -$0.82, showcasing a 17.14% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $2.62 billion, down 1.66% from the year-ago period. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$2.39 per share and a revenue of $10.67 billion, representing changes of -149.48% and -14.3%, respectively, from the prior year. It is also important to note the recent changes to analyst estimates for Alcoa. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.42% increase. Alcoa is holding a Zacks Rank of #4 (Sell) right now. The Metal Products - Distribution industry is part of the Industrial Products sector. At present, this industry carries a Zacks Industry Rank of 242, placing it within the bottom 4% of over 250 industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming 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 >> 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 Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Alcoa (AA) ended the recent trading session at $26.24, demonstrating a -0.53% swing from the preceding day's closing price. Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa (AA) ended the recent trading session at $26.24, demonstrating a -0.53% swing from the preceding day's closing price. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$2.39 per share and a revenue of $10.67 billion, representing changes of -149.48% and -14.3%, respectively, from the prior year.

Alcoa (AA) ended the recent trading session at $26.24, demonstrating a -0.53% swing from the preceding day's closing price. Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$2.39 per share and a revenue of $10.67 billion, representing changes of -149.48% and -14.3%, respectively, from the prior year.

Alcoa (AA) ended the recent trading session at $26.24, demonstrating a -0.53% swing from the preceding day's closing price. Click to get this free report Alcoa (AA) : Free Stock Analysis Report To read this article on Zacks.com click here. The the stock of bauxite, alumina and aluminum products company has risen by 12.21% in the past month, leading the Industrial Products sector's gain of 7.37% and the S&P 500's gain of 8.22%.

388.0

2023-11-23 00:00:00 UTC

Guru Fundamental Report for AA

AA

https://www.nasdaq.com/articles/guru-fundamental-report-for-aa-9

Below is Validea's guru fundamental report for ALCOA CORP (AA). Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. ALCOA CORP (AA) is a mid-cap stock in the Metal Mining 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. PRICE/SALES RATIO: PASS TOTAL DEBT/EQUITY RATIO: FAIL PRICE/RESEARCH RATIO: PASS PRICE/SALES RATIO: PASS LONG-TERM EPS GROWTH RATE: FAIL FREE CASH PER SHARE: PASS THREE YEAR AVERAGE NET PROFIT MARGIN: FAIL Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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 Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice 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 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ALCOA CORP (AA) is a mid-cap stock in the Metal Mining industry. Below is Validea's guru fundamental report for ALCOA CORP (AA). Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

Below is Validea's guru fundamental report for ALCOA CORP (AA). Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Below is Validea's guru fundamental report for ALCOA CORP (AA).

Below is Validea's guru fundamental report for ALCOA CORP (AA). Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

389.0

2023-11-20 00:00:00 UTC

Implied MDYV Analyst Target Price: $76

AA

https://www.nasdaq.com/articles/implied-mdyv-analyst-target-price%3A-%2476

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR S&P 400 Mid Cap Value ETF (Symbol: MDYV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $75.92 per unit. With MDYV trading at a recent price near $66.15 per unit, that means that analysts see 14.76% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of MDYV's underlying holdings with notable upside to their analyst target prices are Alcoa Corporation (Symbol: AA), Greif Inc (Symbol: GEF), and Gentex Corp. (Symbol: GNTX). Although AA has traded at a recent price of $26.22/share, the average analyst target is 16.90% higher at $30.65/share. Similarly, GEF has 16.60% upside from the recent share price of $68.61 if the average analyst target price of $80.00/share is reached, and analysts on average are expecting GNTX to reach a target price of $35.67/share, which is 15.42% above the recent price of $30.90. Below is a twelve month price history chart comparing the stock performance of AA, GEF, and GNTX: Below is a summary table of the current analyst target prices discussed above: NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET SPDR S&P 400 Mid Cap Value ETF MDYV $66.15 $75.92 14.76% Alcoa Corporation AA $26.22 $30.65 16.90% Greif Inc GEF $68.61 $80.00 16.60% Gentex Corp. GNTX $30.90 $35.67 15.42% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » Also see: • Funds Holding TOVC • Institutional Holders of DFVL • TRNO Options Chain The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

SPDR S&P 400 Mid Cap Value ETF MDYV $66.15 $75.92 14.76% Alcoa Corporation AA $26.22 $30.65 16.90% Greif Inc GEF $68.61 $80.00 16.60% Gentex Corp. GNTX $30.90 $35.67 15.42% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of MDYV's underlying holdings with notable upside to their analyst target prices are Alcoa Corporation (Symbol: AA), Greif Inc (Symbol: GEF), and Gentex Corp. (Symbol: GNTX). Although AA has traded at a recent price of $26.22/share, the average analyst target is 16.90% higher at $30.65/share.

Three of MDYV's underlying holdings with notable upside to their analyst target prices are Alcoa Corporation (Symbol: AA), Greif Inc (Symbol: GEF), and Gentex Corp. (Symbol: GNTX). SPDR S&P 400 Mid Cap Value ETF MDYV $66.15 $75.92 14.76% Alcoa Corporation AA $26.22 $30.65 16.90% Greif Inc GEF $68.61 $80.00 16.60% Gentex Corp. GNTX $30.90 $35.67 15.42% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Although AA has traded at a recent price of $26.22/share, the average analyst target is 16.90% higher at $30.65/share.

Three of MDYV's underlying holdings with notable upside to their analyst target prices are Alcoa Corporation (Symbol: AA), Greif Inc (Symbol: GEF), and Gentex Corp. (Symbol: GNTX). Although AA has traded at a recent price of $26.22/share, the average analyst target is 16.90% higher at $30.65/share. Below is a twelve month price history chart comparing the stock performance of AA, GEF, and GNTX: Below is a summary table of the current analyst target prices discussed above:

SPDR S&P 400 Mid Cap Value ETF MDYV $66.15 $75.92 14.76% Alcoa Corporation AA $26.22 $30.65 16.90% Greif Inc GEF $68.61 $80.00 16.60% Gentex Corp. GNTX $30.90 $35.67 15.42% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of MDYV's underlying holdings with notable upside to their analyst target prices are Alcoa Corporation (Symbol: AA), Greif Inc (Symbol: GEF), and Gentex Corp. (Symbol: GNTX). Although AA has traded at a recent price of $26.22/share, the average analyst target is 16.90% higher at $30.65/share.

390.0

2023-11-17 00:00:00 UTC

Industry group urges EU to impose wider sanctions on Russian aluminium

AA

https://www.nasdaq.com/articles/industry-group-urges-eu-to-impose-wider-sanctions-on-russian-aluminium

LONDON, Nov 17 (Reuters) - The European Union should impose broader import bans on Russian aluminium as part of its latest package of sanctions, industry group European Aluminium said on Friday. The European Commission on Wednesday proposed a new package of sanctions against Moscow, including a ban on imports of diamonds and liquid petroleum gas from Russia. It also included limited bans on aluminium products, such as wires, tubes and pipes, but these only make up 12% of EU aluminium imports from Russia, the group said in a statement. "We strongly encourage the European Union to accelerate its efforts and broaden their scope to cover all major product categories," said Director General Paul Voss. In July, the group sent a letter to members saying it had discussed the possibility of "actively calling for EU sanctions on Russian aluminium", but not on Russian major producer Rusal 0486.HK. While substituting other supply for Russian ingots would be feasible in Europe, the wide global spread of Rusal's operations makes sanctions on that company more problematic, July's memorandum said. Friday's statement did not mention Rusal, which produced 4 million metric tons of primary aluminium last year, about 6% of global supply. European Aluminium members include refiners, smelters, manufacturers of semi-finished products and recyclers, including top producers Hydro NHY.OL, Alcoa AA.N and Rio Tinto RIO.L. (Reporting by Eric Onstad; Editing by Nick Macfie) ((eric.onstad@thomsonreuters.com; +44 20 7542 7093; Twitter https://twitter.com/reutersEricO; Reuters Messaging: eric.onstad.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

European Aluminium members include refiners, smelters, manufacturers of semi-finished products and recyclers, including top producers Hydro NHY.OL, Alcoa AA.N and Rio Tinto RIO.L. The European Commission on Wednesday proposed a new package of sanctions against Moscow, including a ban on imports of diamonds and liquid petroleum gas from Russia. "We strongly encourage the European Union to accelerate its efforts and broaden their scope to cover all major product categories," said Director General Paul Voss.

European Aluminium members include refiners, smelters, manufacturers of semi-finished products and recyclers, including top producers Hydro NHY.OL, Alcoa AA.N and Rio Tinto RIO.L. LONDON, Nov 17 (Reuters) - The European Union should impose broader import bans on Russian aluminium as part of its latest package of sanctions, industry group European Aluminium said on Friday. In July, the group sent a letter to members saying it had discussed the possibility of "actively calling for EU sanctions on Russian aluminium", but not on Russian major producer Rusal 0486.HK.

European Aluminium members include refiners, smelters, manufacturers of semi-finished products and recyclers, including top producers Hydro NHY.OL, Alcoa AA.N and Rio Tinto RIO.L. LONDON, Nov 17 (Reuters) - The European Union should impose broader import bans on Russian aluminium as part of its latest package of sanctions, industry group European Aluminium said on Friday. It also included limited bans on aluminium products, such as wires, tubes and pipes, but these only make up 12% of EU aluminium imports from Russia, the group said in a statement.

European Aluminium members include refiners, smelters, manufacturers of semi-finished products and recyclers, including top producers Hydro NHY.OL, Alcoa AA.N and Rio Tinto RIO.L. It also included limited bans on aluminium products, such as wires, tubes and pipes, but these only make up 12% of EU aluminium imports from Russia, the group said in a statement. In July, the group sent a letter to members saying it had discussed the possibility of "actively calling for EU sanctions on Russian aluminium", but not on Russian major producer Rusal 0486.HK.

391.0

2023-11-17 00:00:00 UTC

Industry group urges EU to impose broader sanctions on Russian aluminium

AA

https://www.nasdaq.com/articles/industry-group-urges-eu-to-impose-broader-sanctions-on-russian-aluminium

Updates with data on Russian aluminium imports in paragraphs 5-6 LONDON/BRUSSELS, Nov 17 (Reuters) - The European Union should impose broader import bans on Russian aluminium, industry group European Aluminium said on Friday, arguing that the current proposal to ban certain products would have only a limited impact. EU members are currently debating a European Commission proposal for a 12th package of sanctions set to include import bans for diamonds and liquefied propane and measures designed to tighten implementation of a price cap on Russian oil. It also includes bans on aluminium wires, tubes and pipes, but these only make up 12% of EU aluminium imports from Russia, European Aluminium said in a statement. "We strongly encourage the European Union to accelerate its efforts and broaden their scope to cover all major product categories," said Director General Paul Voss. EU industry has already started to phase out Russian aluminium, with January-August imports down by a third from the same period in 2022, based on European Aluminium data. For ingots, Russia represented 9% of all EU imports, compared with 25% in previous years. In the first nine months of this year, EU imported almost 500,000 metric tons of Russian aluminium and aluminium products worth 1.26 billion euros ($1.37 billion), according to Eurostat data. For 2022, imports were worth 2.84 billion euros. In July, the group sent a letter to members saying it had discussed the possibility of "actively calling for EU sanctions on Russian aluminium", but not on Russian major producer Rusal RUAL.MM. While substituting other supply for Russian ingots would be feasible in Europe, the wide global spread of Rusal's operations makes sanctions on that company more problematic, July's memorandum said. Friday's statement did not mention Rusal, which produced 4 million metric tons of primary aluminium last year, about 6% of global supply. European Aluminium members include refiners, smelters, manufacturers of semi-finished products and recyclers, including top producers Hydro NHY.OL, Alcoa AA.N and Rio Tinto RIO.L. ($1 = 0.9198 euros) (Reporting by Eric Onstad and Philip Blenkinsop; Editing by Nick Macfie and Jane Merriman) ((eric.onstad@thomsonreuters.com; +44 20 7542 7093; Twitter https://twitter.com/reutersEricO; Reuters Messaging: eric.onstad.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

European Aluminium members include refiners, smelters, manufacturers of semi-finished products and recyclers, including top producers Hydro NHY.OL, Alcoa AA.N and Rio Tinto RIO.L. EU members are currently debating a European Commission proposal for a 12th package of sanctions set to include import bans for diamonds and liquefied propane and measures designed to tighten implementation of a price cap on Russian oil. "We strongly encourage the European Union to accelerate its efforts and broaden their scope to cover all major product categories," said Director General Paul Voss.

European Aluminium members include refiners, smelters, manufacturers of semi-finished products and recyclers, including top producers Hydro NHY.OL, Alcoa AA.N and Rio Tinto RIO.L. Updates with data on Russian aluminium imports in paragraphs 5-6 LONDON/BRUSSELS, Nov 17 (Reuters) - The European Union should impose broader import bans on Russian aluminium, industry group European Aluminium said on Friday, arguing that the current proposal to ban certain products would have only a limited impact. In the first nine months of this year, EU imported almost 500,000 metric tons of Russian aluminium and aluminium products worth 1.26 billion euros ($1.37 billion), according to Eurostat data.

European Aluminium members include refiners, smelters, manufacturers of semi-finished products and recyclers, including top producers Hydro NHY.OL, Alcoa AA.N and Rio Tinto RIO.L. Updates with data on Russian aluminium imports in paragraphs 5-6 LONDON/BRUSSELS, Nov 17 (Reuters) - The European Union should impose broader import bans on Russian aluminium, industry group European Aluminium said on Friday, arguing that the current proposal to ban certain products would have only a limited impact. It also includes bans on aluminium wires, tubes and pipes, but these only make up 12% of EU aluminium imports from Russia, European Aluminium said in a statement.

European Aluminium members include refiners, smelters, manufacturers of semi-finished products and recyclers, including top producers Hydro NHY.OL, Alcoa AA.N and Rio Tinto RIO.L. Updates with data on Russian aluminium imports in paragraphs 5-6 LONDON/BRUSSELS, Nov 17 (Reuters) - The European Union should impose broader import bans on Russian aluminium, industry group European Aluminium said on Friday, arguing that the current proposal to ban certain products would have only a limited impact. It also includes bans on aluminium wires, tubes and pipes, but these only make up 12% of EU aluminium imports from Russia, European Aluminium said in a statement.

392.0

2023-11-13 00:00:00 UTC

First Week of AA January 2025 Options Trading

AA

https://www.nasdaq.com/articles/first-week-of-aa-january-2025-options-trading

Investors in Alcoa Corporation (Symbol: AA) saw new options become available this week, for the January 2025 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 431 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AA options chain for the new January 2025 contracts and identified one put and one call contract of particular interest. The put contract at the $22.50 strike price has a current bid of $3.75. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $22.50, but will also collect the premium, putting the cost basis of the shares at $18.75 (before broker commissions). To an investor already interested in purchasing shares of AA, that could represent an attractive alternative to paying $24.57/share today. Because the $22.50 strike represents an approximate 8% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 69%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 16.67% return on the cash commitment, or 14.11% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Alcoa Corporation, and highlighting in green where the $22.50 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $25.00 strike price has a current bid of $5.65. If an investor was to purchase shares of AA stock at the current price level of $24.57/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $25.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 24.75% if the stock gets called away at the January 2025 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if AA shares really soar, which is why looking at the trailing twelve month trading history for Alcoa Corporation, as well as studying the business fundamentals becomes important. Below is a chart showing AA's trailing twelve month trading history, with the $25.00 strike highlighted in red: Considering the fact that the $25.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 38%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 23.00% boost of extra return to the investor, or 19.47% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 57%, while the implied volatility in the call contract example is 50%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $24.57) to be 49%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » Also see: • AMGN Split History • SCVL Videos • Top Ten Hedge Funds Holding LDEM The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Of course, a lot of upside could potentially be left on the table if AA shares really soar, which is why looking at the trailing twelve month trading history for Alcoa Corporation, as well as studying the business fundamentals becomes important. Below is a chart showing AA's trailing twelve month trading history, with the $25.00 strike highlighted in red: Considering the fact that the $25.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Alcoa Corporation (Symbol: AA) saw new options become available this week, for the January 2025 expiration.

Below is a chart showing AA's trailing twelve month trading history, with the $25.00 strike highlighted in red: Considering the fact that the $25.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Alcoa Corporation (Symbol: AA) saw new options become available this week, for the January 2025 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AA options chain for the new January 2025 contracts and identified one put and one call contract of particular interest.

Below is a chart showing AA's trailing twelve month trading history, with the $25.00 strike highlighted in red: Considering the fact that the $25.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Alcoa Corporation (Symbol: AA) saw new options become available this week, for the January 2025 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AA options chain for the new January 2025 contracts and identified one put and one call contract of particular interest.

At Stock Options Channel, our YieldBoost formula has looked up and down the AA options chain for the new January 2025 contracts and identified one put and one call contract of particular interest. Below is a chart showing AA's trailing twelve month trading history, with the $25.00 strike highlighted in red: Considering the fact that the $25.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Alcoa Corporation (Symbol: AA) saw new options become available this week, for the January 2025 expiration.

393.0

2023-11-09 00:00:00 UTC

Guru Fundamental Report for AA

AA

https://www.nasdaq.com/articles/guru-fundamental-report-for-aa-8

Below is Validea's guru fundamental report for ALCOA CORP (AA). Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. ALCOA CORP (AA) is a mid-cap growth stock in the Metal Mining 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. PRICE/SALES RATIO: PASS TOTAL DEBT/EQUITY RATIO: FAIL PRICE/RESEARCH RATIO: PASS PRICE/SALES RATIO: PASS LONG-TERM EPS GROWTH RATE: FAIL FREE CASH PER SHARE: PASS THREE YEAR AVERAGE NET PROFIT MARGIN: FAIL Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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 Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice 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 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ALCOA CORP (AA) is a mid-cap growth stock in the Metal Mining industry. Below is Validea's guru fundamental report for ALCOA CORP (AA). Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

Below is Validea's guru fundamental report for ALCOA CORP (AA). Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Below is Validea's guru fundamental report for ALCOA CORP (AA).

Below is Validea's guru fundamental report for ALCOA CORP (AA). Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

394.0

2023-11-07 00:00:00 UTC

COLUMN-New EU power market, same old problems for metals sector: Andy Home

AA

https://www.nasdaq.com/articles/column-new-eu-power-market-same-old-problems-for-metals-sector%3A-andy-home-0

By Andy Home LONDON, Nov 7 (Reuters) - European Union (EU) energy ministers last month struck a deal to reform the bloc's power market. The proposed changes to the EU's "electricity market design" are a response to the spike in European power prices following Russia's invasion of Ukraine in February 2022. They will, according to Spain's Energy Minister Teresa Ribera, mean that "consumers across the EU will be able to benefit from much more stable prices of energy, less dependency on the price of fossil fuels and better protection from future crises". But will it be enough to save Europe's struggling industrial metals production sector? The brutal reality is that half of the region's primary aluminium and zinc capacity and almost a third of its silicon capacity is currently offline due to high power prices. The immediate impact comes with potential future impact as well. Producers are reluctant to invest in the new metals capacity needed to achieve Europe's self-sufficiency goals because they can't model power prices over the time-frame to build a new mine or smelter. "We need bold action to get out of a dead-end street," was the stark warning from Bernard Respaut, head of the European Copper Institute (ECI), speaking at a debate on Europe's power crisis jointly hosted with industry association Eurometaux. LIGHT-TOUCH REFORM European power prices have fallen a long way from their 2022 peaks, when the region was still reeling from the reduction in Russian gas supplies. However, they are by no means back to levels trading before Russia's invasion of Ukraine, and that isn't going to change any time soon. Wholesale pricing will continue to be determined on a pay-as-clear model, where bidding goes from the cheapest to the most expensive source, which tends to be gas. It's just that it's now LNG rather than Russian gas that sets the price. EU member states were deeply split on proposals for more fundamental reform of Europe's power market to allow for a complete break of the gas-power price linkage. The hard-won compromise keeps the existing market mechanism, which its supporters claim is more efficient than other models in a liberalised electricity market. Rather, the focus will be on longer-term price stabilisers such as power purchase agreements (PPA) between generators and users and two-way contracts for difference (CFD) for investment in new green generation. THE PPA PROBLEM U.S. aluminium producer Alcoa AA.N is a poster child for Europe's PPA model, using it to help secure the long-term future of its San Ciprian smelter in Spain. The company has PPAs with local power suppliers Endesa ELE.MC and Greenalia covering around 75% of the smelter's base load power when it returns from care and maintenance next year. Alcoa has the advantage of being in Spain, which has been aggressively building out renewable energy capacity and has Europe's most developed PPA market. The country is Europe's third highest renewable energy generator, much of it solar, and has by far the highest PPA contract capacity at a current 4.2 gigawatts, according to the European Commission. ("The development of renewable energy in the electricity market", June 2023). Others are not so fortunate. "We can't buy a PPA because it's not available on the market," Mats Gustavsson, head of energy at Swedish base metals producer Boliden BOL.ST, told the Eurometaux meeting. With limited forward liquidity in the company's local Nordpool power market, "no-one's willing to take the risk on a fixed-term PPA", he said. Even if the local market structure allows for PPAs, many smaller companies struggle to pass the credit tests needed to sign what can be as long as a 10-year contract. Moreover, many power suppliers will only offer PPAs on a pay-as-produced basis rather than the base-load structure that metal producers would prefer. The EU reform package is intended to iron out some of these problems by, for example, mandating member states to ensure guarantee schemes for smaller companies looking to enter PPAs. But it offers neither short-term relief for Europe's many mothballed production facilities nor the levels of certainty needed to build the next generation of mines and processing plants. STRATEGIC DIALOGUE Europe's focus on the longer-term solution, pivoting towards cheaper renewable energy, leaves untouched the immediate problem of tying spot power pricing to a volatile gas market. The bloc's power prices have historically been twice those of the U.S., but are now three or four times higher. Metals producers are not only having to adjust to currently high electricity costs, but face even higher costs as they seek their own pathway to net zero. The danger is that the cost of going green "is going to kill us", Gustavsson said. Boliden, it's worth noting, has just shuttered its Tara zinc-lead mine in Ireland at least partly due to high energy costs. The answer, according to the ECI's Respaut, is to take a more comprehensive approach to Europe's industrial base and connect the disparate dots of critical metals production, renewable energy and power pricing. Europe has to decide which strategic sectors it wants to keep and what it needs to do to help them not just survive but thrive. And it needs to do so sooner rather than later. As Respaut concluded: "We need to get to action, because time is running." The opinions expressed here are those of the author, a columnist for Reuters. European power prices have fallen but not back to pre-2022 levels https://tmsnrt.rs/3QMlJfk (Editing by Jan Harvey) ((andy.home@thomsonreuters.com, 44-207-542-4412 and on Twitter https://twitter.com/AndyHomeMetals)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

U.S. aluminium producer Alcoa AA.N is a poster child for Europe's PPA model, using it to help secure the long-term future of its San Ciprian smelter in Spain. Producers are reluctant to invest in the new metals capacity needed to achieve Europe's self-sufficiency goals because they can't model power prices over the time-frame to build a new mine or smelter. "We need bold action to get out of a dead-end street," was the stark warning from Bernard Respaut, head of the European Copper Institute (ECI), speaking at a debate on Europe's power crisis jointly hosted with industry association Eurometaux.

U.S. aluminium producer Alcoa AA.N is a poster child for Europe's PPA model, using it to help secure the long-term future of its San Ciprian smelter in Spain. But will it be enough to save Europe's struggling industrial metals production sector? Alcoa has the advantage of being in Spain, which has been aggressively building out renewable energy capacity and has Europe's most developed PPA market.

U.S. aluminium producer Alcoa AA.N is a poster child for Europe's PPA model, using it to help secure the long-term future of its San Ciprian smelter in Spain. Producers are reluctant to invest in the new metals capacity needed to achieve Europe's self-sufficiency goals because they can't model power prices over the time-frame to build a new mine or smelter. Europe's focus on the longer-term solution, pivoting towards cheaper renewable energy, leaves untouched the immediate problem of tying spot power pricing to a volatile gas market.

U.S. aluminium producer Alcoa AA.N is a poster child for Europe's PPA model, using it to help secure the long-term future of its San Ciprian smelter in Spain. Alcoa has the advantage of being in Spain, which has been aggressively building out renewable energy capacity and has Europe's most developed PPA market. ("The development of renewable energy in the electricity market", June 2023).

395.0

2023-11-07 00:00:00 UTC

COLUMN-New EU power market, same old problems for metals sector: Andy Home

AA

https://www.nasdaq.com/articles/column-new-eu-power-market-same-old-problems-for-metals-sector%3A-andy-home

By Andy Home LONDON, Nov 7 (Reuters) - European Union (EU) energy ministers last month struck a deal to reform the bloc's power market. The proposed changes to the EU's "electricity market design" are a response to the spike in European power prices following Russia's invasion of Ukraine in February 2022. They will, according to Spain's Energy Minister Teresa Ribera, mean that "consumers across the EU will be able to benefit from much more stable prices of energy, less dependency on the price of fossil fuels and better protection from future crises". But will it be enough to save Europe's struggling industrial metals production sector? The brutal reality is that half of the region's primary aluminium and zinc capacity and almost a third of its silicon capacity is currently offline due to high power prices. The immediate impact comes with potential future impact as well. Producers are reluctant to invest in the new metals capacity needed to achieve Europe's self-sufficiency goals because they can't model power prices over the time-frame to build a new mine or smelter. "We need bold action to get out of a dead-end street," was the stark warning from Bernard Respaut, head of the European Copper Institute (ECI), speaking at a debate on Europe's power crisis jointly hosted with industry association Eurometaux. LIGHT-TOUCH REFORM European power prices have fallen a long way from their 2022 peaks, when the region was still reeling from the reduction in Russian gas supplies. However, they are by no means back to levels trading before Russia's invasion of Ukraine, and that isn't going to change any time soon. Wholesale pricing will continue to be determined on a pay-as-clear model, where bidding goes from the cheapest to the most expensive source, which tends to be gas. It's just that it's now LNG rather than Russian gas that sets the price. EU member states were deeply split on proposals for more fundamental reform of Europe's power market to allow for a complete break of the gas-power price linkage. The hard-won compromise keeps the existing market mechanism, which its supporters claim is more efficient than other models in a liberalised electricity market. Rather, the focus will be on longer-term price stabilisers such as power purchase agreements (PPA) between generators and users and two-way contracts for difference (CFD) for investment in new green generation. THE PPA PROBLEM U.S. aluminium producer Alcoa AA.N is a poster child for Europe's PPA model, using it to help secure the long-term future of its San Ciprian smelter in Spain. The company has PPAs with local power suppliers Endesa ELE.MC and Greenalia covering around 75% of the smelter's base load power when it returns from care and maintenance next year. Alcoa has the advantage of being in Spain, which has been aggressively building out renewable energy capacity and has Europe's most developed PPA market. The country is Europe's third highest renewable energy generator, much of it solar, and has by far the highest PPA contract capacity at a current 4.2 gigawatts, according to the European Commission. ("The development of renewable energy in the electricity market", June 2023). Others are not so fortunate. "We can't buy a PPA because it's not available on the market," Mats Gustavsson, head of energy at Swedish base metals producer Boliden BOL.ST, told the Eurometaux meeting. With limited forward liquidity in the company's local Nordpool power market, "no-one's willing to take the risk on a fixed-term PPA", he said. Even if the local market structure allows for PPAs, many smaller companies struggle to pass the credit tests needed to sign what can be as long as a 10-year contract. Moreover, many power suppliers will only offer PPAs on a pay-as-produced basis rather than the base-load structure that metal producers would prefer. The EU reform package is intended to iron out some of these problems by, for example, mandating member states to ensure guarantee schemes for smaller companies looking to enter PPAs. But it offers neither short-term relief for Europe's many mothballed production facilities nor the levels of certainty needed to build the next generation of mines and processing plants. STRATEGIC DIALOGUE Europe's focus on the longer-term solution, pivoting towards cheaper renewable energy, leaves untouched the immediate problem of tying spot power pricing to a volatile gas market. The bloc's power prices have historically been twice those of the U.S., but are now three or four times higher. Metals producers are not only having to adjust to currently high electricity costs, but face even higher costs as they seek their own pathway to net zero. The danger is that the cost of going green "is going to kill us", Gustavsson said. Boliden, it's worth noting, has just shuttered its Tara zinc-lead mine in Ireland at least partly due to high energy costs. The answer, according to the ECI's Respaut, is to take a more comprehensive approach to Europe's industrial base and connect the disparate dots of critical metals production, renewable energy and power pricing. Europe has to decide which strategic sectors it wants to keep and what it needs to do to help them not just survive but thrive. And it needs to do so sooner rather than later. As Respaut concluded: "We need to get to action, because time is running." The opinions expressed here are those of the author, a columnist for Reuters. European power prices have fallen but not back to pre-2022 levels https://tmsnrt.rs/3QMlJfk (Editing by Jan Harvey) ((andy.home@thomsonreuters.com, 44-207-542-4412 and on Twitter https://twitter.com/AndyHomeMetals)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

U.S. aluminium producer Alcoa AA.N is a poster child for Europe's PPA model, using it to help secure the long-term future of its San Ciprian smelter in Spain. Producers are reluctant to invest in the new metals capacity needed to achieve Europe's self-sufficiency goals because they can't model power prices over the time-frame to build a new mine or smelter. "We need bold action to get out of a dead-end street," was the stark warning from Bernard Respaut, head of the European Copper Institute (ECI), speaking at a debate on Europe's power crisis jointly hosted with industry association Eurometaux.

U.S. aluminium producer Alcoa AA.N is a poster child for Europe's PPA model, using it to help secure the long-term future of its San Ciprian smelter in Spain. But will it be enough to save Europe's struggling industrial metals production sector? Alcoa has the advantage of being in Spain, which has been aggressively building out renewable energy capacity and has Europe's most developed PPA market.

U.S. aluminium producer Alcoa AA.N is a poster child for Europe's PPA model, using it to help secure the long-term future of its San Ciprian smelter in Spain. Producers are reluctant to invest in the new metals capacity needed to achieve Europe's self-sufficiency goals because they can't model power prices over the time-frame to build a new mine or smelter. Europe's focus on the longer-term solution, pivoting towards cheaper renewable energy, leaves untouched the immediate problem of tying spot power pricing to a volatile gas market.

U.S. aluminium producer Alcoa AA.N is a poster child for Europe's PPA model, using it to help secure the long-term future of its San Ciprian smelter in Spain. Alcoa has the advantage of being in Spain, which has been aggressively building out renewable energy capacity and has Europe's most developed PPA market. ("The development of renewable energy in the electricity market", June 2023).

396.0

2023-10-26 00:00:00 UTC

Guru Fundamental Report for AA

AA

https://www.nasdaq.com/articles/guru-fundamental-report-for-aa-7

Below is Validea's guru fundamental report for ALCOA CORP (AA). Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. ALCOA CORP (AA) is a mid-cap growth stock in the Metal Mining 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. PRICE/SALES RATIO: PASS TOTAL DEBT/EQUITY RATIO: FAIL PRICE/RESEARCH RATIO: PASS PRICE/SALES RATIO: PASS LONG-TERM EPS GROWTH RATE: FAIL FREE CASH PER SHARE: PASS THREE YEAR AVERAGE NET PROFIT MARGIN: FAIL Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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 Large-Cap Growth Stocks Factor-Based Stock Portfolios Dividend Aristocrats 2023 High Insider Ownership Stocks Top S&P 500 Stocks About Validea: Validea is aninvestment researchservice 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 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ALCOA CORP (AA) is a mid-cap growth stock in the Metal Mining industry. Below is Validea's guru fundamental report for ALCOA CORP (AA). Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

Below is Validea's guru fundamental report for ALCOA CORP (AA). Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Below is Validea's guru fundamental report for ALCOA CORP (AA).

Below is Validea's guru fundamental report for ALCOA CORP (AA). Detailed Analysis of ALCOA CORP AA Guru Analysis AA Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio 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. Of the 22 guru strategies we follow, AA rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.

397.0

2023-10-26 00:00:00 UTC

December 8th Options Now Available For Alcoa (AA)

AA

https://www.nasdaq.com/articles/december-8th-options-now-available-for-alcoa-aa

Investors in Alcoa Corporation (Symbol: AA) saw new options become available today, for the December 8th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AA options chain for the new December 8th contracts and identified one put and one call contract of particular interest. The put contract at the $23.00 strike price has a current bid of $1.31. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $23.00, but will also collect the premium, putting the cost basis of the shares at $21.69 (before broker commissions). To an investor already interested in purchasing shares of AA, that could represent an attractive alternative to paying $23.64/share today. Because the $23.00 strike represents an approximate 3% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 5.70% return on the cash commitment, or 48.30% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Alcoa Corporation, and highlighting in green where the $23.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $24.00 strike price has a current bid of $1.51. If an investor was to purchase shares of AA stock at the current price level of $23.64/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $24.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 7.91% if the stock gets called away at the December 8th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if AA shares really soar, which is why looking at the trailing twelve month trading history for Alcoa Corporation, as well as studying the business fundamentals becomes important. Below is a chart showing AA's trailing twelve month trading history, with the $24.00 strike highlighted in red: Considering the fact that the $24.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 6.39% boost of extra return to the investor, or 54.17% annualized, which we refer to as the YieldBoost. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $23.64) to be 53%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » Also see: • Cheap Financial Stocks • WVE Average Annual Return • GOGO Insider Buying The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Of course, a lot of upside could potentially be left on the table if AA shares really soar, which is why looking at the trailing twelve month trading history for Alcoa Corporation, as well as studying the business fundamentals becomes important. Below is a chart showing AA's trailing twelve month trading history, with the $24.00 strike highlighted in red: Considering the fact that the $24.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Alcoa Corporation (Symbol: AA) saw new options become available today, for the December 8th expiration.

Below is a chart showing AA's trailing twelve month trading history, with the $24.00 strike highlighted in red: Considering the fact that the $24.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Investors in Alcoa Corporation (Symbol: AA) saw new options become available today, for the December 8th expiration.

Below is a chart showing AA's trailing twelve month trading history, with the $24.00 strike highlighted in red: Considering the fact that the $24.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Alcoa Corporation (Symbol: AA) saw new options become available today, for the December 8th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AA options chain for the new December 8th contracts and identified one put and one call contract of particular interest.

Below is a chart showing AA's trailing twelve month trading history, with the $24.00 strike highlighted in red: Considering the fact that the $24.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Alcoa Corporation (Symbol: AA) saw new options become available today, for the December 8th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AA options chain for the new December 8th contracts and identified one put and one call contract of particular interest.

398.0

2023-10-26 00:00:00 UTC

Ex-Dividend Reminder: Omega Healthcare Investors, Texas Instruments and Alcoa

AA

https://www.nasdaq.com/articles/ex-dividend-reminder%3A-omega-healthcare-investors-texas-instruments-and-alcoa

Looking at the universe of stocks we cover at Dividend Channel, on 10/30/23, Omega Healthcare Investors, Inc. (Symbol: OHI), Texas Instruments Inc. (Symbol: TXN), and Alcoa Corporation (Symbol: AA) will all trade ex-dividend for their respective upcoming dividends. Omega Healthcare Investors, Inc. will pay its quarterly dividend of $0.67 on 11/15/23, Texas Instruments Inc. will pay its quarterly dividend of $1.30 on 11/14/23, and Alcoa Corporation will pay its quarterly dividend of $0.10 on 11/17/23. As a percentage of OHI's recent stock price of $33.81, this dividend works out to approximately 1.98%, so look for shares of Omega Healthcare Investors, Inc. to trade 1.98% lower — all else being equal — when OHI shares open for trading on 10/30/23. Similarly, investors should look for TXN to open 0.90% lower in price and for AA to open 0.42% lower, all else being equal. Below are dividend history charts for OHI, TXN, and AA, showing historical dividends prior to the most recent ones declared. Omega Healthcare Investors, Inc. (Symbol: OHI): Texas Instruments Inc. (Symbol: TXN): Alcoa Corporation (Symbol: AA): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 7.93% for Omega Healthcare Investors, Inc., 3.61% for Texas Instruments Inc., and 1.66% for Alcoa Corporation. In Thursday trading, Omega Healthcare Investors, Inc. shares are currently up about 0.7%, Texas Instruments Inc. shares are up about 1.5%, and Alcoa Corporation shares are up about 0.8% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: • OPCH market cap history • BLUA Average Annual Return • BLKB Videos The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Looking at the universe of stocks we cover at Dividend Channel, on 10/30/23, Omega Healthcare Investors, Inc. (Symbol: OHI), Texas Instruments Inc. (Symbol: TXN), and Alcoa Corporation (Symbol: AA) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for TXN to open 0.90% lower in price and for AA to open 0.42% lower, all else being equal. Below are dividend history charts for OHI, TXN, and AA, showing historical dividends prior to the most recent ones declared.

Looking at the universe of stocks we cover at Dividend Channel, on 10/30/23, Omega Healthcare Investors, Inc. (Symbol: OHI), Texas Instruments Inc. (Symbol: TXN), and Alcoa Corporation (Symbol: AA) will all trade ex-dividend for their respective upcoming dividends. Omega Healthcare Investors, Inc. (Symbol: OHI): Texas Instruments Inc. (Symbol: TXN): Alcoa Corporation (Symbol: AA): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for TXN to open 0.90% lower in price and for AA to open 0.42% lower, all else being equal.

Looking at the universe of stocks we cover at Dividend Channel, on 10/30/23, Omega Healthcare Investors, Inc. (Symbol: OHI), Texas Instruments Inc. (Symbol: TXN), and Alcoa Corporation (Symbol: AA) will all trade ex-dividend for their respective upcoming dividends. Omega Healthcare Investors, Inc. (Symbol: OHI): Texas Instruments Inc. (Symbol: TXN): Alcoa Corporation (Symbol: AA): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for TXN to open 0.90% lower in price and for AA to open 0.42% lower, all else being equal.

Looking at the universe of stocks we cover at Dividend Channel, on 10/30/23, Omega Healthcare Investors, Inc. (Symbol: OHI), Texas Instruments Inc. (Symbol: TXN), and Alcoa Corporation (Symbol: AA) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for TXN to open 0.90% lower in price and for AA to open 0.42% lower, all else being equal. Below are dividend history charts for OHI, TXN, and AA, showing historical dividends prior to the most recent ones declared.

399.0

2023-10-24 00:00:00 UTC

Morgan Stanley Maintains Alcoa (AA) Underweight Recommendation

AA

https://www.nasdaq.com/articles/morgan-stanley-maintains-alcoa-aa-underweight-recommendation-1

Fintel reports that on October 24, 2023, Morgan Stanley maintained coverage of Alcoa (NYSE:AA) with a Underweight recommendation. Analyst Price Forecast Suggests 61.92% Upside As of October 5, 2023, the average one-year price target for Alcoa is 37.90. The forecasts range from a low of 25.25 to a high of $57.75. The average price target represents an increase of 61.92% from its latest reported closing price of 23.41. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Alcoa is 12,227MM, an increase of 15.14%. The projected annual non-GAAP EPS is 3.60. For more in-depth coverage of Alcoa, view the free, crowd-sourced company research report on Finpedia. Alcoa Declares $0.10 Dividend On July 27, 2023 the company declared a regular quarterly dividend of $0.10 per share ($0.40 annualized). Shareholders of record as of August 8, 2023 received the payment on August 24, 2023. Previously, the company paid $0.10 per share. At the current share price of $23.41 / share, the stock's dividend yield is 1.71%. Looking back five years and taking a sample every week, the average dividend yield has been 1.67%, the lowest has been 0.43%, and the highest has been 7.05%. The standard deviation of yields is 1.15 (n=236). The current dividend yield is 0.03 standard deviations above the historical average. Additionally, the company's dividend payout ratio is -0.10. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5. The company's 3-Year dividend growth rate is -0.20%. What is the Fund Sentiment? There are 885 funds or institutions reporting positions in Alcoa. This is a decrease of 83 owner(s) or 8.57% in the last quarter. Average portfolio weight of all funds dedicated to AA is 0.17%, a decrease of 21.91%. Total shares owned by institutions decreased in the last three months by 15.85% to 165,087K shares. The put/call ratio of AA is 1.26, indicating a bearish outlook. What are Other Shareholders Doing? Bank of New York Mellon holds 7,536K shares representing 4.22% ownership of the company. In it's prior filing, the firm reported owning 10,299K shares, representing a decrease of 36.67%. The firm decreased its portfolio allocation in AA by 46.57% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,574K shares representing 3.12% ownership of the company. In it's prior filing, the firm reported owning 5,536K shares, representing an increase of 0.67%. The firm decreased its portfolio allocation in AA by 25.95% over the last quarter. IJH - iShares Core S&P Mid-Cap ETF holds 5,412K shares representing 3.03% ownership of the company. In it's prior filing, the firm reported owning 5,460K shares, representing a decrease of 0.88%. The firm decreased its portfolio allocation in AA by 24.30% over the last quarter. NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 4,606K shares representing 2.58% ownership of the company. In it's prior filing, the firm reported owning 4,668K shares, representing a decrease of 1.35%. The firm decreased its portfolio allocation in AA by 25.16% over the last quarter. Theleme Partners LLP holds 4,247K shares representing 2.38% ownership of the company. No change in the last quarter. Alcoa Background Information (This description is provided by the company.) Alcoa is a global industry leader in bauxite, alumina, and aluminum products, and is built on a foundation of strong values and operating excellence dating back more than 130 years to the world-changing discovery that made aluminum an affordable and vital part of modern life. Since developing the aluminum industry, and throughout our history, our talented Alcoans have followed on with breakthrough innovations and best practices that have led to efficiency, safety, sustainability, and stronger communities wherever we operate. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Fintel reports that on October 24, 2023, Morgan Stanley maintained coverage of Alcoa (NYSE:AA) with a Underweight recommendation. The projected annual non-GAAP EPS is 3.60. Average portfolio weight of all funds dedicated to AA is 0.17%, a decrease of 21.91%.

Fintel reports that on October 24, 2023, Morgan Stanley maintained coverage of Alcoa (NYSE:AA) with a Underweight recommendation. The projected annual non-GAAP EPS is 3.60. Average portfolio weight of all funds dedicated to AA is 0.17%, a decrease of 21.91%.

Fintel reports that on October 24, 2023, Morgan Stanley maintained coverage of Alcoa (NYSE:AA) with a Underweight recommendation. The projected annual non-GAAP EPS is 3.60. Average portfolio weight of all funds dedicated to AA is 0.17%, a decrease of 21.91%.

Fintel reports that on October 24, 2023, Morgan Stanley maintained coverage of Alcoa (NYSE:AA) with a Underweight recommendation. The projected annual non-GAAP EPS is 3.60. Average portfolio weight of all funds dedicated to AA is 0.17%, a decrease of 21.91%.