Builders FirstSource Set to Report Q4 Earnings: What's in Store?
ZACKS· 2025-02-19 16:20
Builders FirstSource, Inc. (BLDR) is slated to report fourth-quarter 2024 results on Feb. 20, before market open.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.In the last reported quarter, the company’s adjusted earnings per share (EPS) and net sales missed the Zacks Consensus Estimate by 0.7% and 5.2%, respectively. On a year-over-year basis, the top and the bottom lines tumbled 6.7% and 27.6%, respectively.BLDR’s earnings topped the consensus mark in three of the trailing four qua ...
Occidental Petroleum Posts Q4 Earnings Beat, Here's A 'Glaring Negative'
Benzinga· 2025-02-19 16:19
Shares of Occidental Petroleum Corp OXY climbed in trading on Wednesday, despite a revenue miss in the fourth quarter.Here are some key analyst takeaways.Stephens analyst Mike Scialla reiterated an Overweight rating and price target of $71.Raymond James analyst Mark Lear maintained a Neutral rating on the stock.Check out other analyst stock ratings.Stephens: Occidental Petroleum reported fourth-quarter adjusted earnings and cash flows of 80 cents per share and $3.13 per share, respectively. It beat the cons ...
JetBlue talking to 'multiple airlines' about a new partnership
CNBC· 2025-02-19 16:18
JetBlue Airways is talking with "multiple airlines" about a potential new partnership after federal judges struck down two previous deals, the carrier's president said Wednesday."If we find a deal that's accretive, we'll absolutely do it," JetBlue's president, Marty St. George, said at a Barclays industry conference.A federal judge in 2023 ruled the New York airline's partnership in the Northeast with American Airlines was anticompetitive, while a different judge last year blocked JetBlue's plan to acquire ...
Best Momentum Stocks to Buy for February 19th
ZACKS· 2025-02-19 16:15
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 19:Nova Ltd. (NVMI) : This semiconductor equipment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.Nova's shares gained 56.8% over the last three months compared with the S&P 500’s advanced of 3.5%. The company possesses a Momentum Score of A.Freshworks Inc. (FRSH) : This software development company has a ...
Cadence Design Stock Drops Despite Strong Q4, Analysts See Upside
Benzinga· 2025-02-19 16:13
Shares of Cadence Design Systems Inc CDNS were trading lower on Wednesday, despite the company reporting upbeat fourth-quarter results.The results came in amid an exciting earnings season. Here are some key analyst takeaways.Piper Sandler On Cadence Design SystemsAnalyst Clarke Jeffries reaffirmed an Overweight rating, while raising the price target from $318 to $328.Cadence Design Systems reported fourth-quarter revenues at $1.356 billion, representing 27% year-on-year growth and beating the midpoint of gu ...
What's a Good Price for AstraZeneca Stock?
The Motley Fool· 2025-02-19 16:12
Healthcare companies are interesting because they are not highly correlated with macroeconomic factors.*Stock prices used were the afternoon prices of Feb. 15, 2025. The video was published on Feb. 17, 2025. ...
Is the Options Market Predicting a Spike in PVH Corp (PVH) Stock?
ZACKS· 2025-02-19 16:10
Investors in PVH Corp. (PVH) need to pay close attention to the stock based on moves in the options market lately. That is because the Mar 21, 2025 $65.00 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 th ...
Pitney Bowes Surges 47% in a Month: Time to Buy the Stock?
ZACKS· 2025-02-19 16:10
Core Viewpoint - Pitney Bowes (PBI) has experienced a significant stock price increase of 46.6% over the past month, outperforming both the Zacks Computer and Technology sector and the S&P 500, indicating strong investor confidence in the company's position in the global logistics and technology market [1]. Group 1: Customer Base and Partnerships - Pitney Bowes boasts a broad customer base, serving over 90% of Fortune 500 companies, which underscores its market leadership [2]. - Collaborations with major industry players such as Amazon, eBay, Shopify, and Salesforce enhance Pitney Bowes' standing in the logistics and technology sectors [2][3]. - The company provides cross-border e-commerce logistics services to eBay in the U.S. and U.K., and its partnership with Amazon Web Services (AWS) facilitates seamless integration with advanced technologies [3]. Group 2: Strategic Divestiture - Pitney Bowes has divested its underperforming Global Ecommerce (GEC) segment, recognizing it as a liability, with a one-time exit cost of $165 million, of which $120 million has been paid in 2024 [5][6]. - This strategic move allows the company to concentrate on higher-margin businesses, improving profitability and creating a leaner operational structure [6]. Group 3: Financial Performance - The company has made strides in addressing its long-term debt and enhancing liquidity, repatriating $117 million from overseas operations and accumulating over $100 million in excess cash for debt reduction [8][9]. - In the fourth quarter of 2024, Pitney Bowes reported a 33% year-over-year increase in adjusted operating profit to $114 million, with a margin expansion of 580 basis points to 22.2% [10]. Group 4: Earnings Growth Potential - Analysts have raised the Zacks Consensus Estimate for 2025 earnings by 9 cents to $1.21, reflecting a projected 47.6% year-over-year growth [11]. - The stock has consistently surpassed earnings estimates in the past four quarters, with an average surprise of 96.64% [11]. Group 5: Valuation and Investment Opportunity - Despite its strong performance, Pitney Bowes trades at a forward 12-month P/E ratio of 8.70X, significantly lower than the sector average of 26.19X and the S&P 500 average of 22.66X, indicating an attractive valuation [12]. - The stock is currently trading above its 50-day moving averages, suggesting a bullish trend [12]. Group 6: Conclusion - Pitney Bowes is positioned for sustainable growth due to its strategic realignment, cost-cutting initiatives, and strong partnerships, making it a compelling investment opportunity [14][15].
Welltower: Strong Business But Expensive (Rating Downgrade)
Seeking Alpha· 2025-02-19 16:07
Welltower (NYSE: WELL ) operates as a REIT that generates its earnings from a portfolio of medical buildings and post acute care providers that provide housing for seniors. I consider WELL's services to be essential because we allFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles - seek ...
Apple unveils cheaper iPhone 16e powerful enough to run AI
CNBC· 2025-02-19 16:07
Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple's latest products at Apple's Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024.Apple announced a new iPhone model on Wednesday that is priced lower than its main iPhone models, which usually come out in September.The new iPhone is called iPhone 16e, and it will retail for $599 when it goes on sale later this month.The new iPhone 16e doesn't have a home button and fingerprint sensor, instead, it uses ...