Workflow
Earnings estimate revisions
icon
Search documents
Nasdaq (NDAQ) Surges 8.4%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 14:45
Nasdaq (NDAQ) shares rallied 8.4% in the last trading session to close at $71.99. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.2% loss over the past four weeks.The surge in price reflects investors' optimism on the announcement of a 90-day pause on tariffs imposed by President Trump on most countries, though a 10% tariff stays in place. Major stock exchanges witnessed surge yesterday given market volatil ...
Acadia (ACAD) Stock Jumps 6.1%: Will It Continue to Soar?
ZACKS· 2025-04-10 14:35
Company Overview - Acadia Pharmaceuticals (ACAD) shares increased by 6.1% to $14.96, following a significant trading volume, contrasting with an 18% decline over the past four weeks [1] - The company is expected to report quarterly earnings of $0.05 per share, reflecting a 50% decrease year-over-year, while revenues are projected to be $241.58 million, marking a 17.4% increase from the previous year [2] Earnings Estimates and Trends - The consensus EPS estimate for Acadia has remained stable over the last 30 days, indicating that stock price movements may not sustain without changes in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Comparison - Acadia operates within the Zacks Medical - Biomedical and Genetics industry, where Kiniksa Pharmaceuticals (KNSA) also resides, closing 2.2% higher at $19.90, despite a -9.6% return over the past month [3] - Kiniksa's consensus EPS estimate is $0.06, representing a 124% increase compared to the previous year's EPS, and it holds a Zacks Rank of 2 (Buy) [4]
Down -22.15% in 4 Weeks, Here's Why Adherex Technologies (FENC) Looks Ripe for a Turnaround
ZACKS· 2025-04-10 14:35
Group 1 - Adherex Technologies Inc. (FENC) has experienced a significant downtrend, with a stock decline of 22.2% over the past four weeks, indicating strong selling pressure [1] - The stock is currently in oversold territory, as indicated by an RSI reading of 29.08, suggesting that the heavy selling may be exhausting itself and a rebound could be imminent [5] - There is a strong consensus among Wall Street analysts regarding FENC's ability to report better earnings than previously predicted, with a 124.3% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - FENC holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [8] - The upward trend in earnings estimate revisions typically correlates with price appreciation in the near term, further supporting the case for a potential rebound in FENC's stock price [7]
Palomar (PLMR) Soars 9.2%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 14:30
Palomar (PLMR) shares ended the last trading session 9.2% higher at $143.13. 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 0.1% loss over the past four weeks.PLMR's shares surged in response to the broader market rally after President Trump announced a 90-day pause of reciprocal tariffs for most countries.This insurance holding company is expected to post quarterly earnings of $1.61 per share in its upcoming repo ...
Carlyle Secured Lending (CGBD) Surges 8.3%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 14:25
Company Overview - Carlyle Secured Lending, Inc. (CGBD) shares increased by 8.3% to close at $14.71, following a notable trading volume that exceeded typical levels [1] - The stock had previously experienced a 19.1% decline over the past four weeks [1] Market Influence - The rally in Carlyle Secured Lending's stock was driven by a significant rise in the broader markets, attributed to President Donald Trump's announcement of a 90-day tariff pause for non-retaliating nations, which positively impacted investor sentiment [2] Earnings Expectations - The company is projected to report quarterly earnings of $0.43 per share, reflecting a year-over-year decrease of 20.4% [2] - Expected revenues for the upcoming report are $37.43 million, down 15.2% compared to the same quarter last year [2] Earnings Estimate Trends - The consensus EPS estimate for Carlyle Secured Lending has remained unchanged over the last 30 days, indicating a lack of upward revisions which typically correlate with stock price movements [4] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [4] Industry Comparison - Carlyle Secured Lending is part of the Zacks Financial - SBIC & Commercial Industry, where another company, Saratoga Investment (SAR), also holds a Zacks Rank of 3 (Hold) and saw a 7% increase in its last trading session [4][5] - Saratoga Investment's consensus EPS estimate has remained unchanged at $0.77, representing an 18.1% decline from the previous year [5]
DXC Technology (DXC) Soars 10.4%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 14:11
Company Overview - DXC Technology Company (DXC) shares increased by 10.4% to close at $15.56, following a broader market rally after US President Donald Trump's announcement to pause reciprocal tariffs for 90 days, although a baseline tariff of 10% on imports remains in effect [1] - The stock had previously experienced a 19.5% loss over the past four weeks [1] Earnings Expectations - DXC is expected to report quarterly earnings of $0.76 per share, reflecting a year-over-year decline of 21.7% [2] - Revenue projections stand at $3.13 billion, which is a decrease of 7.5% compared to the same quarter last year [2] Stock Performance and Trends - The consensus EPS estimate for DXC has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - DXC currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] - ASGN Inc, another company in the same IT services industry, saw an 8.3% increase in its stock price, closing at $61.58, but has returned -20.2% over the past month [3] ASGN Inc Overview - ASGN Inc's consensus EPS estimate has decreased by 1.6% over the past month to $0.95, representing an 18.1% decline from the previous year [4] - ASGN Inc also holds a Zacks Rank of 3 (Hold) [4]
Blue Owl Capital (OWL) Surges 14.3%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 14:05
Company Overview - Blue Owl Capital Inc. (OWL) shares increased by 14.3% to close at $18.20, following a significant trading volume compared to normal sessions [1] - The stock had previously experienced a 15.5% decline over the past four weeks [1] Market Influence - The rise in Blue Owl Capital's stock was influenced by a broader market surge, particularly due to President Donald Trump's announcement of a 90-day tariff pause for non-retaliating nations, which positively impacted investor sentiment [2] Earnings Expectations - Blue Owl Capital is projected to report quarterly earnings of $0.20 per share, reflecting a year-over-year increase of 17.7% [2] - Expected revenues for the upcoming report are $645.56 million, representing a 32.7% increase from the same quarter last year [2] Earnings Estimate Trends - The consensus EPS estimate for Blue Owl Capital has remained unchanged over the last 30 days, indicating a lack of upward revisions which typically correlate with stock price movements [4] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [4] Industry Comparison - Blue Owl Capital is part of the Zacks Financial - Investment Management industry, where another company, Franklin Resources (BEN), saw an 11.5% increase in its stock price, closing at $18.58 [4] - Franklin Resources has experienced a -15.1% return over the past month, with its EPS estimate for the upcoming report revised down by 5.3% to $0.48, a 14.3% decrease from the previous year [5]
Strength Seen in DuPont de Nemours (DD): Can Its 12.4% Jump Turn into More Strength?
ZACKS· 2025-04-10 13:55
DuPont de Nemours (DD) shares rallied 12.4% in the last trading session to close at $61.95. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 27.8% loss over the past four weeks.DD’s rally is driven by a surge in material stocks after President Trump announced he would pause reciprocal tariffs for 90 days for most countries.This specialty chemicals maker is expected to post quarterly earnings of $0.96 per share ...
Newmont (NEM) Soars 8.4%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 13:51
Newmont Corporation (NEM) shares rallied 8.4% in the last trading session to close at $48.75. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.6% gain over the past four weeks.NEM's shares rallied on a surge in gold prices on safe-haven demand after President Trump hiked tariffs on China to 125%, stoking fears of deeper trade disruptions. This gold and copper miner is expected to post quarterly earnings of $ ...
Tandem Diabetes Care (TNDM) Moves 7.6% Higher: Will This Strength Last?
ZACKS· 2025-04-10 13:51
Company Overview - Tandem Diabetes Care, Inc. (TNDM) shares increased by 7.6% to close at $17.61, supported by high trading volume, contrasting with an 8.5% decline over the past four weeks [1] - The company is set to release its first quarter 2025 financial results on April 30, which has generated investor optimism [2] Financial Performance - In the fourth quarter, Tandem Diabetes reported a 44% increase in sales and over 25% growth in worldwide pump shipments [2] - The upcoming quarterly loss is expected to be $0.60 per share, reflecting a year-over-year change of +4.8%, with revenues projected at $220.24 million, up 14.9% from the previous year [3] Earnings Estimates - The consensus EPS estimate for the upcoming quarter has remained unchanged over the last 30 days, indicating a lack of recent earnings estimate revisions [4] - Trends in earnings estimate revisions are strongly correlated with near-term stock price movements, suggesting that monitoring TNDM's performance is crucial [4] Industry Context - Tandem Diabetes Care operates within the Zacks Medical - Instruments industry, where another company, Penumbra (PEN), also experienced a 7.7% increase in stock price [4] - Penumbra's consensus EPS estimate has changed by -2% over the past month, with a year-over-year change of +61% [5]