Home Bancorp (HBCP) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2025-05-16 14:56
Core Viewpoint - Home Bancorp, Inc. (HBCP) has reached a significant support level and is considered a strong investment opportunity due to a recent technical indicator known as a "golden cross" [1] Technical Analysis - HBCP's 50-day simple moving average has recently crossed above its 200-day moving average, indicating a bullish breakout [1] - A golden cross is formed when a stock's short-term moving average surpasses a longer-term moving average, typically the 50-day and 200-day, which are seen as stronger indicators of future price movements [1][2] Performance Metrics - Over the past four weeks, HBCP has experienced a gain of 19.1% [3] - The stock currently holds a 1 (Strong Buy) rating on the Zacks Rank, suggesting it is well-positioned for further gains [3] Earnings Outlook - HBCP's earnings outlook is positive, with no earnings estimates cut and two revisions higher in the past 60 days [3] - The Zacks Consensus Estimate for HBCP has also increased, reinforcing the bullish sentiment [3][4] Investment Consideration - The combination of positive earnings estimate revisions and the technical breakout suggests that investors should monitor HBCP for potential gains in the near future [4]
Should You Buy Northrim BanCorp (NRIM) After Golden Cross?
ZACKS· 2025-05-16 14:56
Northrim BanCorp Inc (NRIM) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, NRIM's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-day and the ...
Compass Minerals (CMP) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2025-05-16 14:56
Compass Minerals International, Inc. (CMP) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CMP's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 5 ...
RLI Trading at a Premium to Industry: How Should You Play the Stock?
ZACKS· 2025-05-16 14:51
Group 1: Valuation and Market Performance - RLI Corp. shares are trading at a premium to the Zacks Property and Casualty Insurance industry, with a price-to-book value of 4.28X compared to the industry average of 1.49X and the Finance sector's 4.1X, but at a discount to the Zacks S&P 500 Composite's 7.82X [1] - RLI shares have gained 0.6% in the past year, lagging behind the industry, Finance sector, and Zacks S&P 500 composite returns of 18.7%, 16.2%, and 11%, respectively [2][3] - The stock closed at $74.83, below its 52-week high of $91.14, and is trading below the 50-day and 200-day simple moving averages of $76.04 and $78.11, indicating downward momentum [4] Group 2: Growth Projections - The Zacks Consensus Estimate for RLI's 2025 earnings per share indicates a year-over-year increase of 3.4%, with revenues projected at $1.78 billion, implying a year-over-year improvement of 6.5% [8] - For 2026, the consensus estimates for earnings per share and revenues indicate increases of 3.2% and 5.9%, respectively, from the corresponding 2025 estimates [8] Group 3: Financial Performance and Strategy - RLI's return on equity (ROE) has improved, with a trailing 12 months ROE of 16.2%, significantly higher than the industry average of 7.7% [9] - The company continues to grow through product diversification, a compelling product portfolio, and a conservative underwriting policy, which helps achieve favorable reserve releases despite incurring catastrophe losses [10] - RLI has a strong track record of underwriting profitability, with 29 consecutive years of profitability [11] Group 4: Shareholder Value and Capital Structure - RLI enhances shareholder value through dividend hikes, special dividends, and share buybacks, boasting an impressive dividend track record with regular dividends increased for the last 50 years [12] - The company is strengthening its balance sheet by improving liquidity and leverage, which supports its operations and long-term book value growth [13] Group 5: Conclusion - RLI is recognized as one of the industry's most profitable P&C writers, with a strong local branch network and a focus on specialty insurance lines contributing to its superior profitability [15] - Given its premium valuation, it may be prudent to wait for a better entry point for this stock [16]
Mystery investor's attempt to stop Canoo asset sale shot down by judge
TechCrunch· 2025-05-16 14:49
The judge in Canoo’s bankruptcy case has blocked an attempt by a mysterious financier to disrupt the sale of the EV startup’s assets. In a hearing Tuesday, Judge Brendan Linehan Shannon ruled the financier, a UK-based man named Charles Garson, lacked standing to request the sale to Canoo’s own CEO be vacated. While Garson had told the court he was willing to pay as much as $20 million for Canoo’s assets, he missed the deadline to formally submit that bid. Garson also never made it clear where he was sourcin ...
Walmart delivery has reached Amazon-like speeds. It just helped the company turn a profit online.
Business Insider· 2025-05-16 14:47
Core Insights - Walmart is nearing the ability to deliver to 95% of the US population within three hours, which is faster than Amazon, although Walmart's product selection for this service is smaller [1] - The company has seen a significant increase in three-hour deliveries, nearly doubling the volume compared to the previous year, contributing to its e-commerce business achieving a quarterly profit for the first time [2] - Walmart's extensive network of over 4,600 stores and investments in fulfillment centers and automated supply chains are key advantages in managing delivery operations [3] Delivery Operations - The concept of "densification" allows Walmart to spread delivery costs over a larger volume of packages, enhancing profitability [2] - Customers are increasingly willing to pay for expedited delivery services, with Walmart+ offering fast grocery delivery and other customers paying fees for quick delivery options [2] - Walmart has developed a suite of apps to streamline the ordering and delivery process for customers, workers, and delivery drivers [4] Revenue Streams - The company is diversifying its revenue by selling warehousing and delivery services to other businesses, alongside a growing advertising sales business [4] - These additional revenue streams support Walmart's ability to maintain fast delivery speeds while keeping costs low [4] - The efficiency of Walmart's delivery operations was demonstrated during peak times like Easter and Mother's Day, showcasing the importance of convenience in retail [5]
Is Netflix (NFLX) Stock Outpacing Its Consumer Discretionary Peers This Year?
ZACKS· 2025-05-16 14:46
Group 1: Company Performance - Netflix has returned 32.2% year-to-date, outperforming the average gain of 5.1% in the Consumer Discretionary group [4] - The Zacks Consensus Estimate for Netflix's full-year earnings has increased by 3% over the past 90 days, indicating improved analyst sentiment and a stronger earnings outlook [3] - Netflix is ranked 2 (Buy) in the Zacks Rank system, which focuses on earnings estimates and revisions [3] Group 2: Industry Context - Netflix belongs to the Broadcast Radio and Television industry, which has gained about 21.8% year-to-date, indicating that Netflix is performing better than its industry peers [5] - In contrast, the Consumer Products - Discretionary industry, which includes PIGEON CORP, has seen a decline of -8.9% since the beginning of the year [6] - PIGEON CORP has outperformed the Consumer Discretionary sector with a year-to-date return of 48.9% and also holds a Zacks Rank of 2 (Buy) [4][5]
Are Retail-Wholesale Stocks Lagging Beyond, Inc. (BYON) This Year?
ZACKS· 2025-05-16 14:46
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Beyond (BYON) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Beyond is one of 208 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of ...
Should Value Investors Buy Stagwell Inc. (STGW) Stock?
ZACKS· 2025-05-16 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, inc ...
Telefonica (TEF) is a Top-Ranked Value Stock: Should You Buy?
ZACKS· 2025-05-16 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...