Group 1: KT (Telecommunication Services) - KT is a telecommunication services company providing mobile telecommunications, telephone services, fixed-line, and VoIP services [1] - The Zacks Consensus Estimate for KT's current year earnings has increased by 3.9% over the last 60 days [1] - KT has a Zacks Rank of 1 (Strong Buy) and a dividend yield of 4.2%, compared to the industry average of 2% [1] Group 2: First Commonwealth Financial (FCF) - First Commonwealth Financial is a bank holding company offering personal financial planning, financial services, and insurance products [2] - The Zacks Consensus Estimate for FCF's current year earnings has increased nearly 4.4% over the last 60 days [2] - FCF has a Zacks Rank of 1 and a dividend yield of 3.2%, compared to the industry average of 2.9% [2] Group 3: Seagate Technology (STX) - Seagate Technology is a leading provider of data storage technology and infrastructure solutions [3] - The Zacks Consensus Estimate for Seagate's current year earnings has increased nearly 30.2% over the last 60 days [3] - Seagate has a Zacks Rank of 1 and a dividend yield of 2.8%, compared to the industry average of 0.0% [3]

Monty Rakusen/DigitalVision via Getty Images Summary Following my coverage of Pactiv Evergreen (NASDAQ:PTVE) in Mar'24, which I recommended a buy rating due to its strong execution in improving its cost structure and the attractive FCF yield, this post is to provide an update on my thoughts on the business and stock. I believe the current share price provides investors with another attractive entry point (>10% FY25 FCF yield). I agree that the near-term outlook is bad, but if we take a step back, the long-t ...

E t F F V II I ogichobanov lf you are worried about the possibility of sudden, overnight changes in the supply of crude oil from the Middle East, how can you hedge a portfolio against the outler chance oil inflation is about to take off in the conomy? Well, with rising odds Iran could soon ereate trouble in the Persian Gulf area of the world as retaliation for Isra attacks in the region, you need to look for oil/gas producing assets as far away from military conflict as you can. The farthest and safest poin ...

Robert Way JD.com (NASDAQ:JD) (OTCPK:JDCMF) is among so many Chinese stocks that have struggled for much of the past three and a half years, despite a sizable rally that occurred from this past January through mid-May. The rise stalled, however, and investors quickly sold tech and consumer-related China stocks right toward the tail-end of the Q1 reporting season. Today, we are in the later innings of Q2's earnings period. I see the potential for a rebound in shares of JD, while it remains an unknown as to w ...

Accelerated bookings growth, driven by key product initiatives, and FCF margin expansion in Q2 builds momentum for 2H Meaningful bookings growth acceleration with total bookings of $458.4 million, up 15% y/y, as a result of strong Wix Studio uptake, benefits from growing AI capabilities and commerce platform expansion as well as positive response to the price increase implemented earlier this year Bookings growth accelerated across both Self Creators and Partners Continue to expect bookings growth accelerat ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Summary: First Commonwealth Financial (FCF) - FCF currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The stock has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance [3] - Over the past quarter, FCF shares have increased by 35.92%, and by 28.05% over the last year, significantly outperforming the S&P 500, which rose 7.48% and 21.12% respectively [5] - In the last two months, two earnings estimates for FCF have been revised upwards, raising the consensus estimate from $1.38 to $1.40 [6] - FCF's shares have risen 13.29% over the past week, outperforming the Zacks Banks - Northeast industry, which increased by 4.74% [9] - The average 20-day trading volume for FCF is 707,791 shares, indicating a bullish sign with rising stock prices [10] Industry Context - The performance of FCF is compared favorably against its industry, with a monthly price change of 34.54% versus the industry's 16.06% [9] - The Zacks Momentum Style Score incorporates trends in estimate revisions and price changes, which are crucial for assessing stock performance [11]

Laser1987/iStock Editorial via Getty Images Investment Thesis Despite the recent broad-based market pullback, AT&T Inc. (NYSE:T) has seen its stock trend higher over the past 12 months, with a positive price reaction following its mixed post-2Q earnings. Although its growth outlook remains muted, and it missed the 2Q revenue consensus, investors are more focused on the company's margins and FCF trajectory. AT&T has significantly improved its FCF profile in recent quarters due to a significant drop in vendor ...

Financial Performance - Core earnings per share were $0.36, a decrease of $0.01 from the previous quarter[2],[113] - Core pre-tax pre-provision income was $54.4 million[2],[5] - Core PTPP ROAA was 1.87%[2],[5] - Net interest margin was 3.57%, a 5 basis point increase from the previous quarter[2],[21] - Total operating revenue was $120.5 million[5] - Noninterest expense was $65.8 million, with a core efficiency ratio of 53.63%[2],[5] Balance Sheet - Average deposits grew by $199.9 million, or 8.7% annualized, from the previous quarter[2],[18] - Total loans grew by $13.9 million, or 0.6% annualized, from the previous quarter[2],[28] - Available liquidity was $5.0 billion[2],[52] - Excess capital was $292.4 million[2] - TCE ratio was 8.7%[2],[8]

First Commonwealth Financial (FCF) reported $120.2 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 1.8%. EPS of $0.36 for the same period compares to $0.42 a year ago. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Here is how First ...

Company Performance - First Commonwealth Financial shares have increased by approximately 7.6% year-to-date, compared to the S&P 500's gain of 16.7% [1] - The company reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, but down from $0.42 per share a year ago [4] - First Commonwealth Financial posted revenues of $120.2 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.45%, but down from $122.35 million year-over-year [5] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.34 on revenues of $117.29 million, and for the current fiscal year, it is $1.38 on revenues of $470.4 million [10] - The estimate revisions trend for First Commonwealth Financial is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [9] Industry Context - The Banks - Northeast industry, to which First Commonwealth Financial belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [11] - Citizens & Northern, another bank in the same industry, has yet to report results for the quarter ended June 2024, indicating ongoing developments within the sector [11]