Iamgold (IAG) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-06-24 14:35
Core Viewpoint - Iamgold (IAG) has reached a significant support level and shows potential for investors from a technical perspective, particularly after breaking through the 20-day moving average, indicating a short-term bullish trend [1]. Technical Analysis - The 20-day simple moving average (SMA) is a widely used investing tool that helps smooth out price fluctuations and provides insight into short-term price trends [1][2]. - A stock price moving above the 20-day SMA is considered a positive trend, while falling below it signals a downward trend [2]. Performance Metrics - IAG shares have increased by 13.4% over the past four weeks, indicating a positive momentum [4]. - The company currently holds a Zacks Rank of 3 (Hold), suggesting potential for continued growth [4]. Earnings Estimates - Positive revisions in earnings estimates bolster the bullish outlook for IAG, with no estimates lowered in the past two months and three raised estimates for the current fiscal year [4]. - The consensus earnings estimate has also seen an increase, further supporting the positive sentiment around IAG [4]. Investment Consideration - Given the important technical indicators and the positive movement in earnings estimate revisions, IAG should be considered for investors' watchlists [5].
DDD Investors Have Opportunity to Lead 3D Systems Corporation Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-06-24 14:33
LOS ANGELES, June 24, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against 3D Systems Corporation ("3D Systems" or "the Company") (NYSE: DDD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between August 13, 2024 and May 13, 2025, inclusive (the "Class Period"), ...
Strength Seen in Northern Trust (NTRS): Can Its 8.0% Jump Turn into More Strength?
ZACKS· 2025-06-24 14:31
Northern Trust Corporation (NTRS) shares ended the last trading session 8% higher at $120.81. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 5.7% gain over the past four weeks.The rise in Northern Trust's stock price was primarily driven by a Wall Street Journal report stating that Bank of New York Mellon had approached Northern Trust to discuss a potential merger. According to the WSJ report, senior executives fr ...
Will Tutor Perini be Able to Sustain Its 77% EPS Growth in 2025?
ZACKS· 2025-06-24 14:31
Key Takeaways TPC's Q1 2025 EPS rose 77% year over year, with revenues up 19% to $1.25B on stronger project execution. Backlog surged 94% year over year to $19.4B, driven by $2B in new awards and contract adjustments. EPS estimates for 2025 and 2026 rose to $1.75 and $3.09, reflecting growth of 155.9% and 76.6%, respectively.Tutor Perini Corporation (TPC) is benefiting from increased project execution activities backed by the robust public infrastructure spending market in the United States. Owing to this ...
Walmart's 22% E-Commerce Sales Jump: Can It Keep Up the Pace?
ZACKS· 2025-06-24 14:31
Key Takeaways WMT reported a 22% jump in Q1 global e-commerce sales, driven by omnichannel and delivery strength. Sam's Club U.S. saw 27% e-commerce growth, led by club-fulfilled delivery and pickup strength. International digital sales climbed 20%, showing broad momentum across Walmart's online business.Walmart Inc. (WMT) continues to make impressive strides in the e-commerce space, reporting a 22% jump in global e-commerce sales in the first quarter of fiscal 2026. The growth comes on the back of its ro ...
Reasons Why You Should Avoid Betting on Zebra Technologies Now
ZACKS· 2025-06-24 14:31
Key Takeaways ZBRA's Q1 cost of sales rose 8.3% due to high raw material costs, pressuring profitability. Long-term debt hit $2.10B, with interest expenses jumping 35.3% year over year in Q1. Extensive global exposure subjects ZBRA to forex headwinds and geopolitical instability.Zebra Technologies Corporation (ZBRA) failed to impress investors with its recent operational performance due to increasing cost of sales, high debt levels and forex woes.ZBRA currently carries a Zacks Rank #5 (Strong Sell). In th ...
Compared to Estimates, TD SYNNEX (SNX) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-06-24 14:31
For the quarter ended May 2025, TD SYNNEX (SNX) reported revenue of $14.95 billion, up 7.2% over the same period last year. EPS came in at $2.99, compared to $2.73 in the year-ago quarter.The reported revenue represents a surprise of +4.38% over the Zacks Consensus Estimate of $14.32 billion. With the consensus EPS estimate being $2.69, the EPS surprise was +11.15%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...
Brokers Suggest Investing in Bank of America (BAC): Read This Before Placing a Bet
ZACKS· 2025-06-24 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Bank of America (BAC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Bank of America currently has an average brokerage recomm ...
Brokers Suggest Investing in Wix.com (WIX): Read This Before Placing a Bet
ZACKS· 2025-06-24 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Wix.com (WIX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Wix.com currently has an average brokerage recommendation (ABR) o ...
Is XPeng (XPEV) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2025-06-24 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell- side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about XPeng Inc. Sponsored ADR (XPEV) . XPeng currently has an average brokera ...