Top Wall Street Forecasters Revamp Essent Group Expectations Ahead Of Q1 Earnings
Benzinga· 2025-05-09 07:27
Essent Group Ltd. ESNT will release earnings results for the first quarter, before the opening bell on Friday, May 9.Analysts expect the Hamilton, Bermuda-based company to report quarterly earnings at $1.65 per share, down from $1.70 per share in the year-ago period. Essent Group projects to report quarterly revenue at $310.79 million, compared to $298.36 million a year earlier, according to data from Benzinga Pro.On Feb. 14, Essent Group posted weaker-than-expected earnings for the fourth quarter.Essent Gr ...
Cathie Wood Just Bought These 2 Stocks Down 42% and 87%. Should You?
The Motley Fool· 2025-05-09 07:24
Cathie Wood has made a name for herself as a top growth investor. She has made some bold moves as head of investing company Ark Invest. Although some of Ark's exchange-traded funds (ETFs) have a spotty track record, some of them have outperformed the market, and she has drawn attention to her company's trades, which are reported daily.Although Wood has a specific, innovation-driven approach to investing, her model is the same "buy low, sell high" model that underpins most successful investing. When stocks s ...
APMH Invest has obtained all necessary regulatory approvals for the all-cash recommended purchase offer for the shares in Svitzer
GlobeNewswire· 2025-05-09 07:21
Core Viewpoint - APMH Invest A/S has received all necessary regulatory approvals to proceed with its all-cash voluntary recommended purchase offer for Svitzer Group A/S shares, with the offer set to expire on May 14, 2025 [2][3][5]. Company Overview - Svitzer is a leading global provider of towage and marine services, assisting large seaborne vessels in maneuvering in and out of ports and terminals. The company operates over 450 vessels and serves approximately 2,000 customers across more than 140 ports and 40 terminals in 37 countries [4].
Plains All American Pipeline Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-05-09 07:15
Plains All American Pipeline, L.P. PAA will release earnings results for the first quarter, before the opening bell on Friday, May 9.Analysts expect the Houston, Texas-based company to report quarterly earnings at 45 cents per share, up from 41 cents per share in the year-ago period. Plains All American Pipeline projects to report quarterly revenue at $14 billion, compared to $11.99 billion a year earlier, according to data from Benzinga Pro.On March 26, Plains All American Pipeline announced that Harry Pef ...
Should You Buy Nio While It's Below Its IPO Price?
The Motley Fool· 2025-05-09 07:15
The Chinese EV maker is gradually turning things around.Nio (NIO 3.00%), a leading maker of electric vehicles in China, went public at $6.26 per ADR on Sept. 12, 2018. On Feb. 9, 2021, its stock closed at a record high of $62.84. Its shares surged more than 10-fold as it dazzled investors with its explosive growth rates.But today, Nio's stock trades at about $4. It tumbled as investors fretted over its slowing deliveries, declining vehicle margins, persistent losses, and the rising tariffs on Chinese EVs. S ...
2 Popular AI Stock to Sell Before They Fall 64% and 67%, According to Certain Wall Street Analysts
The Motley Fool· 2025-05-09 07:12
The S&P 500 (^GSPC 0.58%) has tumbled 4% year to date as President Trump's unorthodox trade policies have sown economic uncertainty. Companies are still spending money on artificial intelligence, but certain Wall Street recommend selling Palantir Technologies (PLTR 8.01%) and Upstart Holdings (UPST 3.23%), as detailed below:Rishi Jaluria at RBC Capital recently set Palantir with a target price of $40 per share. That implies 64% downside from its current share price of $110.Michael Ng at Goldman Sachs has se ...
2 Magnificent Seven Stocks that are Screaming Buys Today
The Motley Fool· 2025-05-09 07:10
By the end of last year, Magnificent Seven stocks may have seemed out of reach for many investors. These top technology players saw their shares surge -- and they even led gains in the S&P 500 index -- on optimism about the ability of artificial intelligence (AI) to revolutionize business and our daily lives. The Magnificent Seven players have been aggressively investing in AI, and many of them are leaders in the field, generating billions of dollars in revenue from the technology.But in recent weeks, these ...
Wall Street's Newest Stock-Split Stock -- Which Has Gained 343% in 5 Years -- Is Set to Make History
The Motley Fool· 2025-05-09 07:06
The third prominent stock split of 2025 is on the way.For much of the last two-and-a-half years, the evolution of artificial intelligence (AI) has dominated the discussion on Wall Street. Investors almost always have a next-big-thing trend to captivate their attention, and AI has certainly fit the bill since late 2022.However, AI isn't the only trend investors have rallied around. Stock-split euphoria has played an equally important role in lifting Wall Street's tide and extending the current bull market ra ...
Verisk Analytics: Rating Downgrade As Valuation Multiple Climbs
Seeking Alpha· 2025-05-09 07:00
My previous investment thought on Verisk Analytics (NASDAQ: VRSK ) was a buy rating because I believed the strong growth outlook could support the valuation premium, and the upside was attractive. The solid 1Q25 results validated my thesis, whichI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is ...
Middlefield Canadian Income PCC: Director/PDMR Shareholding
GlobeNewswire· 2025-05-09 06:00
Core Viewpoint - Middlefield Canadian Income PCC announced a transaction involving the purchase of Redeemable Participating Preference Shares by Middlefield Limited, a company associated with director Dean Orrico, indicating active management involvement in the company's equity [1][2]. Group 1: Transaction Details - The transaction involved the purchase of 50,000 Redeemable Participating Preference Shares at a price of £1.21 each, totaling £60,500 [1][2]. - The transaction occurred on 7 May, 2025, on the London Stock Exchange [2]. - Persons closely associated with Mr. Orrico hold a total of 220,000 Redeemable Participating Preference Shares, representing 0.21% of the Fund's issued share capital, excluding treasury shares [2]. Group 2: Company Information - Middlefield Limited serves as the investment manager for Middlefield Canadian Income PCC [2]. - The legal entity identifier for the company is 2138007ENW3JEJXC8658 [1].