Flex Ltd. (FLEX) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-06-18 14:16
A strong stock as of late has been Flex (FLEX) . Shares have been marching higher, with the stock up 7.1% over the past month. The stock hit a new 52-week high of $45.84 in the previous session. Flex has gained 17.9% since the start of the year compared to the 1.6% gain for the Zacks Computer and Technology sector and the -19.5% return for the Zacks Electronics - Miscellaneous Products industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed ...
KLA Corporation (KLAC) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-06-18 14:16
Have you been paying attention to shares of KLA (KLAC) ? Shares have been on the move with the stock up 13% over the past month. The stock hit a new 52-week high of $914.83 in the previous session. KLA has gained 41.7% since the start of the year compared to the 1.6% gain for the Zacks Computer and Technology sector and the -19.5% return for the Zacks Electronics - Miscellaneous Products industry. On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through ...
What Analyst Projections for Key Metrics Reveal About FedEx (FDX) Q4 Earnings
ZACKS· 2025-06-18 14:16
Wall Street analysts expect FedEx (FDX) to post quarterly earnings of $5.94 per share in its upcoming report, which indicates a year-over-year increase of 9.8%. Revenues are expected to be $21.7 billion, down 1.9% from the year-ago quarter. Over the last 30 days, there has been a downward revision of 1.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. A ...
Countdown to TD SYNNEX (SNX) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2025-06-18 14:16
Wall Street analysts expect TD SYNNEX (SNX) to post quarterly earnings of $2.69 per share in its upcoming report, which indicates a year-over-year decline of 1.5%. Revenues are expected to be $14.32 billion, up 2.7% from the year-ago quarter. Over the last 30 days, there has been an upward revision of 1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Ah ...
Gear Up for AeroVironment (AVAV) Q4 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2025-06-18 14:16
Core Viewpoint - Analysts expect AeroVironment (AVAV) to report quarterly earnings of $1.44 per share, reflecting a year-over-year increase of 234.9%, with revenues projected at $243.67 million, up 23.7% from the previous year [1]. Earnings Estimates - There has been a downward revision of 21.7% in the consensus EPS estimate over the last 30 days, indicating a collective reconsideration by analysts of their initial forecasts [2]. - Prior to earnings releases, revisions to earnings projections are crucial for predicting investor behavior, as empirical studies show a strong correlation between earnings estimate trends and short-term stock performance [3]. Revenue Projections - Analysts forecast 'Revenue- Product Sales' to reach $198.61 million, indicating a year-over-year change of +20.7% [4]. - 'Revenue- Loitering Munitions Systems (LMS)' is expected to be $133.09 million, suggesting a change of +80.4% year over year [5]. - 'Revenue- Contract Services' is projected at $45.41 million, indicating a year-over-year change of +40.2% [5]. - 'Revenue- MacCready Works (MW)' is expected to reach $19.93 million, reflecting a change of +2.3% from the prior-year quarter [5]. Gross Margin Estimates - Analysts estimate 'Gross margin- Contract services' will likely reach $15.12 million, compared to $11.08 million from the previous year [6]. - The consensus for 'Gross margin- Product sales' is projected at $81.93 million, up from $64.55 million year-over-year [6]. Stock Performance - Over the past month, AeroVironment shares have recorded returns of +11.5%, outperforming the Zacks S&P 500 composite's +0.6% change [6].
Hasbro lays off 3% of workforce amid tariff pressures
Proactiveinvestors NA· 2025-06-18 14:12
Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world's key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydn ...
2 Communication Stocks Likely to Tide Over Industry Challenges
ZACKS· 2025-06-18 14:11
The Zacks Communication - Infrastructure industry appears to be hindered by high capital expenditures for infrastructure upgrades, unpredictable raw material prices due to Middle East tensions, supply-chain disruptions amid the prolonged Russia-Ukraine war and high customer inventory levels caused by tariff uncertainty. However, increasing user propensity to stay abreast of the latest digital innovations should benefit the industry in the long run. Nevertheless, Anterix Inc. (ATEX) and Bandwidth Inc. (BAND) ...
Altria Trades at a Bargain: Is it a Good Time to Buy the Stock?
ZACKS· 2025-06-18 14:11
Key Takeaways Altria Group, Inc. (MO) is currently trading at an attractive discount compared to its industry peers and the broader market, making it a potential value pick for long-term investors. MO stock trades at a forward 12- month price-to-earnings (P/E) ratio of 10.81, notably lower than the industry average of 15.73 and the S&P 500's average of 21.85. Backing this valuation, the stock holds a Zacks Value Score of B, underscoring its strong fundamentals and appealing valuation profile. Image Source: ...
Renergen's Phase 2 EPC Contractor Awarded Preferred Bidder Status
GlobeNewswire News Room· 2025-06-18 14:11
JOHANNESBURG, June 18, 2025 (GLOBE NEWSWIRE) -- Renergen is pleased to announce that preferred bidder status has been awarded to He4u consortium for the design, procurement, delivery, construction and commissioning for phase 2 of the Tetra4 LNG and helium liquefaction project, comprising of, Chart Industries Inc. (NYSE: GTLS), Wilson Bayly Holmes - Ovcon Ltd (JSE: WBO), and Aurex Constructors. The appointment of an acceptable EPC contractor in Phase 2 was one of the two remaining conditions for the DFC Phas ...
AMD: Forget Nvidia's Shadow, $200 May Be Around The Corner
Seeking Alpha· 2025-06-18 14:10
With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest- quality analysis of this type of information. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect tho ...