Newmont Corporation (NEM) Recently Broke Out Above the 20-Day Moving Average
ZACKS· 2025-06-12 14:35
Core Viewpoint - Newmont Corporation (NEM) has reached a significant support level and shows potential for investors from a technical perspective, indicated by a recent break above the 20-day moving average suggesting a short-term bullish trend [1] Technical Analysis - The 20-day simple moving average (SMA) is a popular trading tool that reflects a stock's price over a 20-day period, smoothing out short-term price trends and providing trend reversal signals [2] - A stock price above the 20-day SMA indicates a positive trend, while a price below it can signal a downward trend [2] Performance Metrics - Over the past four weeks, NEM has gained 9.6%, and it currently holds a Zacks Rank 2 (Buy), indicating strong potential for further upward movement [4] - There have been 6 upward revisions in earnings estimates for the current fiscal year, with no downward revisions, leading to an increased consensus estimate [4] Investment Outlook - Given the key technical level and positive earnings estimate revisions, NEM is positioned for potential gains in the near future [5]
BioNTech boosts cancer mRNA pipeline with CureVac acquisition
Proactiveinvestors NA· 2025-06-12 14:34
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
National Fuel Increases Dividend Rate for 55th Consecutive Year
Globenewswire· 2025-06-12 14:34
Core Points - National Fuel Gas Company approved a 3.9% increase in its dividend, raising the quarterly rate from 51.5 cents to 53.5 cents per share, resulting in an annual rate of $2.14 per share [1] - The company has a long history of dividend payments, having paid dividends for 123 consecutive years and increased its annual dividend for 55 straight years [1] - The dividend is payable on July 15, 2025, to stockholders of record as of June 30, 2025 [2] Company Overview - National Fuel is a diversified energy company based in Western New York, operating an integrated collection of natural gas assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility [3] - The company has approximately 90.4 million shares of common stock outstanding and no preferred stock outstanding [2]
Are AI Stocks Overpriced? These 3 Leaders Look Cheap (NVDA, TSM, VRT)
ZACKS· 2025-06-12 14:31
Core Viewpoint - The AI trade is gaining consensus on Wall Street, with major companies like Nvidia, Taiwan Semiconductor, and Vertiv trading at reasonable valuations despite the hype surrounding AI innovation [1][2]. Company Summaries Taiwan Semiconductor (TSM) - TSM plays a critical role in the global semiconductor supply chain, particularly in AI chip production, reporting nearly a 40% year-over-year increase in monthly revenue due to high demand for AI chips [3][4]. - Full-year sales are expected to grow by 28.2% in 2025 and 14.8% in 2026, with long-term earnings projected to grow at a 20.8% annual rate over the next three to five years [4]. - The stock trades at 23.1x forward earnings, aligning with its five-year median, making it an attractive investment given its strategic importance and growth potential [5]. Nvidia (NVDA) - Nvidia is the leader in AI hardware design, with its GPUs being essential for AI training and inference systems, and is expanding into robotics and quantum computing [7]. - Earnings are projected to grow at 28.2% annually over the next three to five years, with sales expected to increase by 51.4% this year and 25.1% next year [8]. - The stock trades at 36x forward earnings, significantly below its five-year median of 55x, presenting a buying opportunity for a high-growth company at a discounted valuation [9]. Vertiv (VRT) - Vertiv provides critical power and thermal management solutions for data centers, which are essential for the AI infrastructure [10][11]. - Sales are projected to grow in the high teens for the next two years, with earnings expected to rise at 27.2% annually over the next three to five years [14]. - The stock trades at 30.6x forward earnings, a premium to its five-year median of 23.3x, justified by its strong growth profile and a PEG ratio just above 1 [14]. Investment Considerations - Nvidia, Taiwan Semiconductor, and Vertiv are essential to the AI supply chain and offer reasonable valuations compared to other speculative AI investments, making them compelling options for investors [15][16].
Compared to Estimates, Lovesac (LOVE) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-06-12 14:31
Financial Performance - For the quarter ended April 2025, Lovesac reported revenue of $138.37 million, reflecting a year-over-year increase of 4.3% [1] - The earnings per share (EPS) was reported at -$0.73, an improvement from -$0.83 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $136.95 million by 1.04% [1] - The EPS surprise was +9.88%, compared to the consensus estimate of -$0.81 [1] Key Metrics - Lovesac's showroom count at the end of the quarter was 267, slightly below the two-analyst average estimate of 269 [4] - Net Sales from Other sources were reported at $8.60 million, significantly lower than the average estimate of $13.91 million, representing a year-over-year decline of 40.4% [4] - Net Sales from Internet channels were $33.30 million, below the average estimate of $36.39 million, indicating a 9% year-over-year decrease [4] - Net Sales from Showrooms reached $96.50 million, surpassing the average estimate of $85.76 million, and showing an 18.2% increase compared to the previous year [4] Stock Performance - Shares of Lovesac have returned +0.6% over the past month, while the Zacks S&P 500 composite increased by +6.6% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential outperformance against the broader market in the near term [3]
Wall Street Analysts Think Alaska Air (ALK) Is a Good Investment: Is It?
ZACKS· 2025-06-12 14:31
Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Alaska Air Group (ALK), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank for making informed investment decisions [1][5][10]. Brokerage Recommendations - Alaska Air currently has an average brokerage recommendation (ABR) of 1.27, indicating a consensus between Strong Buy and Buy, based on recommendations from 15 brokerage firms [2]. - Out of the 15 recommendations, 13 are classified as Strong Buy, accounting for 86.7% of all recommendations [2]. Limitations of Brokerage Recommendations - Studies indicate that brokerage recommendations have limited success in guiding investors towards stocks with the highest price increase potential [5]. - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings, often issuing five "Strong Buy" recommendations for every "Strong Sell" [6][10]. - The interests of brokerage firms may not align with those of retail investors, leading to potential misguidance regarding future stock price movements [7][10]. Zacks Rank as an Alternative - The Zacks Rank categorizes stocks into five groups based on earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [8][11]. - The Zacks Rank is distinct from the ABR, as it is based on quantitative models rather than solely on brokerage recommendations [9]. - The Zacks Rank is updated more frequently than the ABR, making it a timely tool for predicting future stock prices [12]. Current Earnings Estimates for Alaska Air - The Zacks Consensus Estimate for Alaska Air's current year earnings remains unchanged at $3.65, suggesting steady analyst views on the company's earnings prospects [13]. - Due to the recent changes in consensus estimates and other related factors, Alaska Air holds a Zacks Rank of 3 (Hold), indicating a cautious approach despite the Buy-equivalent ABR [14].
Is Wingstop (WING) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2025-06-12 14:31
Group 1 - Wingstop currently has an average brokerage recommendation (ABR) of 1.59, indicating a consensus between Strong Buy and Buy, with 15 Strong Buy and 2 Buy recommendations from 23 brokerage firms [2][5] - The ABR suggests a positive outlook for Wingstop, but relying solely on this information may not be advisable due to the historical ineffectiveness of brokerage recommendations in guiding investors towards high-potential stocks [5][10] - Analysts from brokerage firms tend to exhibit a positive bias in their ratings, often leading to a misalignment of interests between these firms and retail investors [6][7] Group 2 - The Zacks Rank, a proprietary stock rating tool, categorizes stocks based on earnings estimate revisions and is considered a more effective indicator of near-term stock price performance compared to the ABR [8][11] - The Zacks Consensus Estimate for Wingstop has increased by 0.1% over the past month to $3.90, reflecting growing optimism among analysts regarding the company's earnings prospects [13] - Wingstop has achieved a Zacks Rank 2 (Buy), indicating a favorable investment outlook, which aligns with the Buy-equivalent ABR [14]
U.S. Auto Insurance Trends Report Highlights Increases in Driving Violations and Shifting Consumer Demographics in Insurance Shopping
Prnewswire· 2025-06-12 14:30
The 2025 LexisNexis® U.S. Auto Insurance Trends Report shares insights to help insurers make more informed future rating decisions with today's trend data, evolve to address new risk segments and navigate the road to continued profitability.ATLANTA, June 12, 2025 /PRNewswire/ -- Today, LexisNexis® Risk Solutions released its 2025 U.S Auto Insurance Trends Report, which aggregates and analyzes annual market data from calendar year 2024 about consumer driving patterns, auto insurance shopping trends, claim fr ...
SEALSQ Renews ISO 9001 and ISO 14001 Certifications with Zero Non-Conformities, Reinforcing Commitment to Quality, Reliability, and Sustainability
Globenewswire· 2025-06-12 14:30
Core Viewpoint - SEALSQ Corp has successfully renewed its ISO 9001:2015 and ISO 14001:2015 certifications with zero non-conformities, reflecting its commitment to quality management and environmental responsibility [1][5]. Group 1: Certification Significance - ISO 9001 certification ensures consistent delivery of products and services that meet customer and regulatory requirements, highlighting SEALSQ's robust quality controls and customer-focused approach [2]. - ISO 14001 certification guides organizations in reducing their environmental impact through sustainable practices, demonstrating SEALSQ's commitment to environmental responsibility and alignment with global sustainability goals [3]. Group 2: Customer Importance - The renewal of these certifications strengthens SEALSQ's ESG strategy, integrating quality, environmental stewardship, and governance, positioning the company as a trusted partner for organizations prioritizing ethical and sustainable practices [4]. - The certifications provide customers with confidence in SEALSQ's commitment to delivering reliable, high-quality solutions while advancing sustainability [6]. Group 3: Company Overview - SEALSQ is a leading innovator in Post-Quantum Technology, focusing on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors to address security challenges posed by quantum computing [7][8]. - The company’s products are designed to safeguard critical systems across various applications, enhancing resilience and security in diverse industries [8].
CN to Invest $30 Million in Tennessee to Build Capacity and Power Sustainable Growth
Globenewswire· 2025-06-12 14:30
HOMEWOOD, Ill., June 12, 2025 (GLOBE NEWSWIRE) -- June 12 2025 – CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$30 million in Tennessee, as part of its 2025 capital investment program. This includes investments in infrastructure, technology, rolling stock equipment, as well as network improvements These projects will help ensure the safe movement of goods and support long-term sustainable growth in Tennessee and across CN’s network. “We believe that investing in our network is ab ...