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Permian Resources' Stability Makes It a Wise Hold for Now
ZACKS· 2025-09-25 12:56
Key Takeaways Permian Resources stock is down just 5% YTD, far outperforming the sector's 21.4% decline.PR set new drilling speed records in Q2 2025, driving down costs and boosting margins.The company returned $43M via buybacks and offers a 4.4% dividend yield backed by strong cash flow.So far this year, Permian Resources Corporation (PR) has clearly held up better than most of its peers in the U.S. Oil & Gas Exploration & Production space. While the overall sub-industry has dropped 21.4%, PR’s share price ...
Accenture (ACN) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2025-09-25 12:56
Core Viewpoint - Accenture reported quarterly earnings of $3.03 per share, exceeding the Zacks Consensus Estimate of $2.98 per share, and showing an increase from $2.79 per share a year ago, indicating a positive earnings surprise of +1.68% [1] Financial Performance - The company achieved revenues of $17.6 billion for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 1.56% and up from $16.41 billion year-over-year [2] - Over the last four quarters, Accenture has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance and Outlook - Accenture shares have declined approximately 32% since the beginning of the year, contrasting with the S&P 500's gain of 12.9% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $3.59 on revenues of $18.5 billion, and for the current fiscal year, it is $13.62 on revenues of $73.2 billion [7] - The estimate revisions trend for Accenture was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Computers - IT Services industry, to which Accenture belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Accenture's stock may also be influenced by the overall outlook for the industry [8]
Xcel (XEL) Moves 6.7% Higher: Will This Strength Last?
ZACKS· 2025-09-25 12:50
Xcel Energy (XEL) shares soared 6.7% in the last trading session to close at $77.93. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.7% gain over the past four weeks.Xcel Energy has agreed to settle the 2021 Marshall Fire lawsuit, while standing by its claim that its equipment did not cause or contribute to the incident. As part of the settlement, the company will pay $640 million, with nearly $350 million covered by its remain ...
Forget AI, Buy 5 High-Flying Old Economy Bigwigs With More Room to Run
ZACKS· 2025-09-25 12:20
Group 1: AI and Market Trends - The AI-driven bull run of 2023 and 2024 is continuing into 2025, with stock prices of AI-centric companies increasing by 200-300% [1] - Hyperscalers are increasingly opting for data center installations to support the growth of cloud computing [1] Group 2: Old Economy Stocks - Several old economy stocks from sectors such as industrials, finance, auto, materials, and construction have shown significant year-to-date gains [2] - Investing in these stocks with a favorable Zacks Rank is expected to lead to profits and offers opportunities for portfolio diversification [2] Group 3: Selected Old Economy Stocks - Five old economy stocks have rallied more than 30% year to date and have favorable Zacks Ranks indicating further upside potential: Comfort Systems USA Inc. (FIX), MasTec Inc. (MTZ), JPMorgan Chase & Co. (JPM), GE Aerospace (GE), and Howmet Aerospace Inc. (HWM) [3] Group 4: Comfort Systems USA Inc. (FIX) - Comfort Systems USA is a national provider of HVAC services, primarily in commercial and industrial markets [6] - The demand for specialized HVAC solutions is driven by the data center boom, particularly for AI and cloud computing [7] - FIX has an expected revenue growth rate of 15.5% and earnings growth rate of 52.4% for the current year [10] Group 5: MasTec Inc. (MTZ) - MasTec is an infrastructure construction company benefiting from the AI data center boom and trends in electrification and reshoring [11][14] - MTZ operates in multiple segments, including communications, power delivery, pipeline infrastructure, and clean energy [13] - The company has an expected revenue growth rate of 13.6% and earnings growth rate of 60% for the current year [14] Group 6: JPMorgan Chase & Co. (JPM) - JPMorgan Chase's net interest income growth is projected to witness a CAGR of 2.9% by 2027, driven by business expansion initiatives and loan demand [15] - The company emphasizes the importance of AI in boosting efficiency, with a technology budget of $18 billion for the year [16] - Expected revenue and earnings growth rates for JPM are -0.2% and -0.6%, respectively, for the current year [17] Group 7: GE Aerospace (GE) - GE Aerospace is experiencing strong demand for commercial engines and defense-related products, supported by rising defense budgets and geopolitical tensions [18] - The company plans to invest over $1 billion in MRO facilities globally over the next five years [19] - Expected revenue and earnings growth rates for GE are -4.4% and 27.6%, respectively, for the current year [20] Group 8: Howmet Aerospace Inc. (HWM) - Howmet Aerospace is benefiting from robust momentum in the commercial aerospace market and rising defense budgets [21] - The company has a strong liquidity position that supports shareholder-friendly policies [22] - Expected revenue and earnings growth rates for HWM are 9.4% and 32.7%, respectively, for the current year [22]
TD SYNNEX (SNX) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2025-09-25 12:16
Company Performance - TD SYNNEX reported quarterly earnings of $3.58 per share, exceeding the Zacks Consensus Estimate of $3.02 per share, and up from $2.86 per share a year ago, representing an earnings surprise of +18.54% [1] - The company posted revenues of $15.65 billion for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 3.41%, compared to revenues of $14.68 billion in the same quarter last year [2] - Over the last four quarters, TD SYNNEX has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Outlook - TD SYNNEX shares have increased approximately 28.2% since the beginning of the year, outperforming the S&P 500's gain of 12.9% [3] - The current consensus EPS estimate for the upcoming quarter is $3.32 on revenues of $16.09 billion, and for the current fiscal year, it is $12.13 on revenues of $60.7 billion [7] - The estimate revisions trend for TD SYNNEX was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Electronics - Miscellaneous Products industry, to which TD SYNNEX belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
4 Top-Performing ETF Areas of First Nine Months of 2025
ZACKS· 2025-09-25 11:56
Wall Street has been enjoying a decent rally this year, defying slowdown fears that showed up in April due to Trump’s tariff tensions. However, with the trade deals that followed, Wall Street bounced back sharply along with the global markets.The tech boom has also been playing a role in driving the markets higher.The S&P 500, the Dow Jones and the Nasdaq Composite have hit a series of new all-time highs this year. SPDR S&P 500 ETF Trust (SPY) has added 13.1% so far this year, SPDR Dow Jones Industrial Aver ...
Immunome (IMNM) Surges 6.1%: Is This an Indication of Further Gains?
ZACKS· 2025-09-25 11:31
Immunome, Inc. (IMNM) shares soared 6.1% in the last trading session to close at $11.2. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.9% gain over the past four weeks.The sudden price rise can be attributed to growing investor optimism regarding the company’s efforts to develop its lead pipeline candidate, varegacestat, which is currently being evaluated in a late-stage study for the treatment of desmoid tumors. Immunome is a ...
Savers Value (SVV) Surges 5.9%: Is This an Indication of Further Gains?
ZACKS· 2025-09-25 11:26
Savers Value Village (SVV) shares ended the last trading session 5.9% higher at $13.2. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 8.9% gain over the past four weeks.SVV shares have been gaining on the optimism surrounding consistent momentum in its U.S. operations, supported by higher transactions and larger basket sizes. The retailer’s disciplined execution, sharp price-value proposition, and compelling assor ...
Strength Seen in uniQure (QURE): Can Its 247.7% Jump Turn into More Strength?
ZACKS· 2025-09-25 11:26
uniQure (QURE) shares rallied 247.7% in the last trading session to close at $47.5. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 13.5% loss over the past four weeks.The massive surge in the stock price was observed after QURE announced that its investigational gene therapy, AMT-130, achieved the primary and key secondary endpoints in a pivotal phase I/II study for Huntington’s disease. The high-dose treatm ...
Is John Hancock Multifactor Mid Cap ETF (JHMM) a Strong ETF Right Now?
ZACKS· 2025-09-25 11:21
Making its debut on 09/28/2015, smart beta exchange traded fund John Hancock Multifactor Mid Cap ETF (JHMM) provides investors broad exposure to the Style Box - Mid Cap Blend category of the market.What Are Smart Beta ETFs?Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating m ...