Dycom Shares Surge 10% After Earnings Beat, Guidance Raise and $1.95 Billion Acquisition
Financial Modeling Prep· 2025-11-19 21:50
Dycom (NYSE:DY) saw its shares jump more than 10% intra-day on Wednesday after the company reported stronger quarterly results, raised the midpoint of its full-year revenue outlook, and announced a $1.95 billion agreement to acquire Power Solutions. The company said the acquisition, which involves an electrical contractor serving data centers, was expected to close before the fiscal year-end, subject to customary approvals. GAAP net income climbed to $106.4 million, or $3.63 per diluted share, topping the a ...
Microsoft Holds Buy Rating at TD Cowen After New AI Agent Control Systems Launched
Financial Modeling Prep· 2025-11-19 21:49
TD Cowen reaffirmed a Buy rating and $655 price target on Microsoft (NASDAQ:MSFT), citing confidence in the company’s expanding AI capabilities following announcements at its Ignite conference in San Francisco. The analyst said Microsoft advanced its AI strategy with new product releases aimed at democratizing access to intelligence, embedding AI deeper into workplace functions, and addressing challenges tied to implementation and adoption. Notable additions included new Intelligence and Agent 365 control p ...
TJX Posts Quarterly Earnings and Sales Beat
Financial Modeling Prep· 2025-11-19 21:48
The TJX Companies, Inc. (NYSE:TJX) reported better-than-expected third-quarter financial results on Wednesday, with earnings and revenue topping analyst estimates. Adjusted earnings per share were $1.28, above the analyst consensus of $1.23. Revenue reached $15.1 billion, exceeding expectations of $14.84 billion and increasing 7% from the year-ago period. Comparable-store sales rose 5%, significantly above the company’s internal projections. TJX reported a pretax profit margin of 12.7%, surpassing its forec ...
Target Lowers Full-Year EPS Outlook as Comparable Sales Decline
Financial Modeling Prep· 2025-11-19 21:47
Target (NYSE:TGT) reduced the upper end of its full-year earnings outlook and reaffirmed expectations for a sales decline in the current quarter, signaling a cautious view heading into the holiday season. The retailer continued to face an uncertain macro backdrop shaped by broad U.S. tariffs and a prolonged federal government shutdown, which contributed to consumer hesitation on discretionary purchases. Target also continued to lose market share to Walmart, which expanded its delivery capabilities and focus ...
Williams Sonoma Beats on Earnings but Shares Slip 3%
Financial Modeling Prep· 2025-11-19 21:46
Williams Sonoma (NYSE:WSM) posted quarterly earnings ahead of analyst expectations on Wednesday and reported margin strength driven by higher same-store sales and steady demand across its brands. However, shares traded more than 3% lower intra-day. The retailer reported third-quarter EPS of $1.96, surpassing consensus estimates of $1.87. Revenue increased to $1.88 billion, slightly ahead of forecasts of $1.86 billion. Comparable brand revenue rose 4%, marking another quarter of broad-based improvement acros ...
Wix Shares Drop Despite Higher Bookings and Revenue Forecast Following AI-Driven Demand
Financial Modeling Prep· 2025-11-19 21:44
Wix.com (NASDAQ:WIX) raised its full-year bookings outlook on Wednesday after reporting strong third-quarter results and increased demand tied to Base44, the AI coding platform it acquired earlier this year. Shares, however, fell more than 14% intra-day. The company now expects 2025 bookings of $2.06 billion to $2.08 billion, up from a prior range of $2.04 billion to $2.08 billion. Wix also raised its full-year revenue forecast to $1.99 billion to $2.00 billion, compared with previous guidance of $1.98 bill ...
Anheuser-Busch InBev's Strategic Moves and Growth Potential
Financial Modeling Prep· 2025-11-19 20:07
Wells Fargo sets a price target of $75 for Anheuser-Busch InBev (NYSE:BUD), indicating a potential 22.63% increase.The acquisition of BeatBox for $700 million could diversify Anheuser-Busch InBev's product offerings and mitigate challenges.Anheuser-Busch InBev's stock shows volatility with a year range between $45.94 and $72.13, highlighting growth potential.Anheuser-Busch InBev (NYSE:BUD) is a leading global beer company, renowned for its popular brands like Budweiser, Stella Artois, and Michelob. The comp ...
Copart, Inc. (NASDAQ: CPRT) Quarterly Earnings Preview
Financial Modeling Prep· 2025-11-19 20:00
Expected Earnings: Analysts anticipate an EPS of $0.40 and revenue of $1.18 billion.Financial Strength: Copart showcases a strong financial position with a debt-to-equity ratio of 0.011 and a current ratio of 8.42.Market Valuation Ratios: The company has a P/E ratio of 25.82 and a price-to-sales ratio of 8.63, indicating market valuation of its earnings and revenue.Copart, Inc. (NASDAQ: CPRT) is a global leader in online vehicle auctions, providing services to process and sell salvage and clean title vehicl ...
Macy's Inc. (NYSE:M) Stock Update and Financial Outlook
Financial Modeling Prep· 2025-11-19 19:04
Macy's Inc. (NYSE:M) is a prominent American department store chain, competing with other major retailers like Nordstrom and Kohl's. Citigroup recently updated its rating on Macy's to Neutral, with a revised price target, amidst a notable stock price fluctuation and ahead of the company's anticipated earnings report.Citigroup adjusted its rating for Macy's to Neutral and raised the price target from $16 to $19.Macy's stock experienced a decline of 4.2%, closing at $19.15, despite the broader market's perfor ...
Target Corporation's (NYSE:TGT) Earnings Overview
Financial Modeling Prep· 2025-11-19 19:00
Target Corporation (NYSE:TGT) reported an EPS of $1.78, surpassing the estimated $1.71 and the Zacks Consensus Estimate of $1.76, yet experienced a slight decline from the previous year's EPS of $1.85.Revenue of $25.28 billion slightly missed the forecasted $25.33 billion, indicating a challenge in meeting sales expectations amidst consumer financial constraints.Financial metrics reveal a reasonable valuation with a P/E ratio of 10.25, but a debt-to-equity ratio of 1.32 suggests a reliance on debt financing ...