Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

For Immediate ReleaseChicago, IL – November 27, 2024 – Today, Zacks Equity Research CF Industries Holdings, Inc. (CF) , Yara International ASA (YARIY) and ICL Group Ltd. (ICL) .Industry: FertilizerLink: https://www.zacks.com/commentary/2375063/3-fertilizer-stocks-to-keep-an-eye-on-in-a-challenging-industryThe Zacks Fertilizers industry is buffeted by softer fertilizer prices on demand weakness as growers have reduced application rates partly due to affordability issues. Elevated costs of key raw materials p ...

I first wrote about ICL Group (NYSE: ICL ) with the thesis that it was a very cheap stock with solid growth potential stemming from the rebound in fertilizer demand. Since then, the stock is now roughlyAmateur value investor seeking bargains in any market, with a specific focus on emerging markets. Admires great investors such as Li Lu and Peter Lynch, and am not afraid to go against the grain. Willing to buy any company at the right price, and is looking for low-risk and high uncertainty bets. My purpose i ...

ICL Group Ltd (ICL) recorded profits of $113 million or 9 cents per share in third-quarter 2024, down from $137 million or 11 cents in the year-ago quarter. Barring one-time items, adjusted earnings per share were 11 cents. The bottom line beat the Zacks Consensus Estimate of 8 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Sales fell around 6% yearly to $1,753 million in the quarter. The figure beat the Zacks Consensus Estimate of $1,732.7 million.ICL’s Segment HighlightsSales ...

ICL Group (ICL) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this potash and fertilizer producer would post earnings of $0.09 per share when it actually produced earnings of $0.10, delivering a surprise of 11.11%.Over the last four quarte ...

ICL Group (ICL) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on November 11, 2024, might help the stock move higher if these key numbers are better than e ...

ICL Group Ltd (ICL) announced the opening of a new food specialty plant in China. This facility aims to enhance customer partnerships by developing innovative food products tailored to Chinese consumers' tastes. Located in the bustling Zhangjiagang Free Trade Zone in Greater Shanghai, the plant will produce specialty food solutions, including texturants and marinades, focusing on the meat, poultry and seafood sectors. ICL aims to leverage its new facility to strengthen relationships with existing customers ...

Core Insights - ICL Group Ltd reported a profit of $115 million or 9 cents per share in Q2 2024, a decrease from $163 million or 13 cents in the same quarter last year, but adjusted earnings per share of 10 cents exceeded the Zacks Consensus Estimate of 9 cents [1] - Sales declined approximately 6% year-over-year to $1,752 million, surpassing the Zacks Consensus Estimate of $1,733.2 million [1] Segment Highlights - Industrial Products segment sales increased by 5% year-over-year to $315 million, with flat EBITDA at $74 million, marking the third consecutive quarter of sequential EBITDA improvement [2] - Potash segment sales fell by 27.5% year-over-year to $422 million, with EBITDA down 44% year-over-year to $118 million [2] - Phosphate Solutions segment sales rose by 1% year-over-year to $572 million, with EBITDA increasing by 13% year-over-year to $146 million, indicating a second consecutive quarter of sequential sales improvement [3] - Growing Solutions segment sales grew by 3% year-over-year to $494 million, with EBITDA nearly doubling from $22 million to $45 million [4] Financials - At the end of the quarter, ICL had cash and cash equivalents of $287 million, a decrease of around 23% year-over-year, while long-term debt was $1,850 million, down nearly 13% year-over-year [5] - Cash provided by operating activities was $316 million in the reported quarter [5] Guidance - The company updated its full-year 2024 guidance, projecting specialties-driven EBITDA of $0.8 billion to $1 billion, an increase from the previous guidance of $0.7 billion to $0.9 billion, with expected potash sales volumes remaining unchanged at 4.6-4.9 million metric tons [6] Price Performance - ICL's shares have declined by 31.1% over the past year, compared to a 23.9% decline in the industry [7]

ICL Group (ICL) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this potash and fertilizer producer would post earnings of $0.08 per share when it actually produced earnings of $0.09, delivering a surprise of 12.50%. Over the last four quart ...

The market expects ICL Group (ICL) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Au ...