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Lindsay Q1 Earnings Beat Estimates, Revenues Increase Y/Y
ZACKS· 2025-01-08 19:11
Lindsay Corporation (LNN) delivered earnings per share of $1.57 in first-quarter fiscal 2025 (ended Nov. 30, 2024), beating the Zacks Consensus Estimate of $1.34. The bottom line improved 15% year over year.The company generated revenues of $166 million, up from $161 million in the year-ago quarter. The top line met the Zacks Consensus Estimate.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company’s backlog as of Nov. 30, 2024, was around $168 million compared with roughly $87 m ...
Checking in with Goldman Sachs Stock Before Earnings
Schaeffers Investment Research· 2025-01-08 19:11
Goldman Sachs Group Inc (NYSE:GS) is one of the many financial names scheduled to report earnings next week. The bank giant will announce its quarterly results before the open on Wednesday, Jan. 15, in which analysts expect earnings of $7.94 per share, much larger than the $5.48 per share reported this quarter last year. Goldman Sachs stock has finished higher after three of its last four 2024 reports, sitting out last October with a minor 0.1% loss despite hitting a fresh peak earlier that day. The stock h ...
MarketAxess Declines 20.4% in 3 Months: Hold, Sell or Buy the Dip?
ZACKS· 2025-01-08 19:11
Shares of MarketAxess Holdings Inc. (MKTX) have lost 20.4% in the past three months, underperforming the industry’s decline of 3%. While CME Group Inc. (CME) has gained 2.5%, Cboe Global Markets, Inc. (CBOE) has declined 7.4% in the same time frame.In contrast, the S&P 500 index has experienced a rise of 3% over the same period, highlighting the stark divergence in performance. The stock is currently trading below its 50-day and 200-day moving averages, signaling downward momentum.MKTX's 3-Month Price Perfo ...
SHOP Stock Surges 61% in 6 Months: Can Clientele Increase Aid Growth?
ZACKS· 2025-01-08 19:11
Shopify (SHOP) shares have surged 61.4% in the trailing six months, outperforming the Zacks Computer and Technology sector’s appreciation of 2.9% and the Zacks Internet – Services industry’s return of 4.1%.Shopify has been benefiting from robust growth in its merchant base, driven by its merchant-friendly tools like Shop Pay, Shopify Payments, Shopify Collective, Shopify Audiences, Shopify Capital and Shop Cash. These innovative offerings are enabling Shopify to attract merchants, even amid challenging econ ...
Stock Of The Day: Where Will The GE HealthCare Rally End?
Benzinga· 2025-01-08 19:06
GE HealthCare Technologies Inc. GEHC shares are trading higher Wednesday. The stock was upgraded from Hold to Buy, while the price target was raised from $95 to $103 by Jefferies.But some traders and investors who hold shares may be selling them before they reach the $103 level. This is why it is our Stock of the Day.Successful traders don't guess. They let the market tell them what to do. They identify important price levels to determine where to place their orders.As you can see on the chart, the $94 leve ...
Wall Street Bullish on Nvidia Following Advanced AI Development Announcement at CES 2025
Benzinga· 2025-01-08 19:00
Nvidia's Strategic Developments and Analyst Insights - Nvidia showcased its Blackwell Geforce RTX 50 series product lineup and AI supercomputer Project Digits at CES 2025, leading to a rerating by Wall Street analysts [1] - Rosenblatt analyst Hans Mosesmann maintained a Buy rating on Nvidia with a $220 price target, reflecting a ~44 times P/E multiple to fiscal 2027 EPS [1][5] - JP Morgan analyst Harlan Sur reiterated an Overweight rating on Nvidia with a $170 price target, citing strong execution across all segments [5][6] AI and Data Center Growth Opportunities - The AI movement is rapidly advancing towards Agentic AI, which requires massive data and iterative planning for complex multi-tasks [2] - Agentic AI necessitates three AI compute subsystems: Training at scale, Digital tuning (Omniverse simulation and Cosmos physical AI interaction), and AI deployment or inference [3] - Nvidia's CEO Jensen Huang envisions the next wave of AI requiring AI co-pilots, assistants, and at-scale AI factories, with a rough estimate of $1 billion in AI data center support for every 1 million vehicles in a new market [4] - The $1 trillion existing general-purpose data center footprint needs to accelerate in the next ~4 years, driven by the shift to accelerated computing and AI workloads [5] Market Demand and Competitive Advantage - Nvidia expects strong spending momentum in the data center sector to continue into 2025, driven by the Blackwell ramp and broad-based demand strength [7] - The company anticipates significant revenue growth opportunities by capturing a larger percentage of the $1 trillion data center infrastructure installed base, fueled by accelerated computing and AI solutions [7] - Nvidia highlighted a strong competitive advantage over ASIC solutions, with enterprise AI demand remaining strong and agentic AI likely driving increased inferencing adoption [8] Financial Performance and Stock Movement - Nvidia stock was up 0.18% at $140.45 at the last check on Wednesday [9] - The company continues to execute across all segments, with solid demand in PC gaming expected to offset the secular decline in PC OEM [6] - The data center segment is expected to grow strongly as hyperscale customers embrace GPU-accelerated deep learning for processing large data sets [6]
Constellation Energy slips as $30bn Calpine takeover reportedly near
Proactiveinvestors NA· 2025-01-08 18:58
Company Overview - Proactive is a financial news and online broadcast provider delivering fast, accessible, and actionable business and finance news to a global investment audience [1] - The company operates in key finance and investment hubs worldwide, including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] Industry Coverage - The company provides news and unique 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] - Proactive has reported on energy companies during global crises, aviation and airlines during pandemic recovery, and economic, social, and governance issues [1] Technology and Content Production - Proactive is a forward-looking technology adopter, equipping its human content creators with decades of expertise and experience [4] - The company occasionally uses automation and software tools, including generative AI, but all content is edited and authored by humans in line with best practices for content production and SEO [5]
Albertsons Doubles Down on Digital; Eyes Growth Despite Merger Setback
PYMNTS.com· 2025-01-08 18:55
Under CEO Vivek Sankaran, Albertsons has invested heavily in digital transformation, customer engagement, and operational efficiency. Even after the halt of the proposed merger with Kroger, the company remained committed to expanding its digital capabilities, improving customer experiences and positioning itself for long-term growth.“While we are disappointed the merger was terminated, we never stopped investing in our business and our customers,” Sankaran said Wednesday (Jan. 8) during the company’s third- ...
Verona Pharma's Ohtuvayre Defies Expectations In Q4, But Stock Alpha May Now Be Limited
Seeking Alpha· 2025-01-08 18:45
I’m a stock analyst with an MBA and a background in healthcare, bringing years of experience as a Registered Nurse dedicated to patient care. I've had the privilege of sharing my insights on Seeking Alpha since 2017. I am most interested in identifying underlying assumptions in stock valuations by emphasizing financial modeling techniques like DCF analysis. I then provide scenario-based forecasts to help readers gauge reasonable outcomes. I am influenced by books like Superforecasting and Antifragile. As su ...
Sandstorm Gold 2024 Preliminary Revenues Miss Estimates, Decline Y/Y
ZACKS· 2025-01-08 18:45
Sandstorm Gold Ltd. (SAND) disclosed a few details regarding sale of attributable gold equivalent ounces (GEOs), preliminary revenues and cash operating margins for the fourth quarter and 2024. Fourth-quarter preliminary revenues rose 7% year over year to $47.4 million. However, SAND witnessed a 2% dip in 2024 preliminary revenues to $176 million, which fell short of the Zacks Consensus Estimate of $179.65 million.SAND Reports Higher Revenues, Lower Costs for Q4Sandstorm Gold sold nearly 17,700 attributable ...