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Surging Earnings Estimates Signal Upside for Enhabit (EHAB) Stock
ZACKS· 2025-03-19 17:20
Core Viewpoint - Enhabit (EHAB) is showing solid improvement in earnings estimates, which may lead to continued short-term price momentum and a positive earnings outlook [1][2]. Estimate Revisions - The upward trend in earnings estimate revisions reflects growing analyst optimism regarding Enhabit's earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, the earnings estimate is $0.07 per share, unchanged from the previous year, with a Zacks Consensus Estimate increase of 18.18% over the last 30 days due to one upward revision [4]. - For the full year, Enhabit is expected to earn $0.37 per share, representing a 76.19% increase from the prior year, with a 26.14% increase in consensus estimates driven by three upward revisions [5]. Zacks Rank - Enhabit currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions and a strong potential for outperformance compared to the S&P 500 [6]. - The Zacks Rank system has a proven track record, with Zacks 1 (Strong Buy) stocks averaging a +25% annual return since 2008 [3]. Stock Performance - Enhabit has experienced a 6.4% gain over the past four weeks, driven by solid estimate revisions, suggesting that its earnings growth prospects may lead to further stock price increases [7].
Idaho Strategic Resources (IDR) Soars 6.0%: Is Further Upside Left in the Stock?
ZACKS· 2025-03-18 16:56
Company Overview - Idaho Strategic Resources, Inc. (IDR) shares increased by 6% to close at $12.99, following a notable trading volume compared to typical sessions, despite a 4.7% loss over the past four weeks [1] - The company announced additional high-grade drill highlights from its Golden Chest Mine, intersecting high-grade gold in six separate veins near the current underground infrastructure [2] Earnings Expectations - The upcoming quarterly earnings for Idaho Strategic are projected at $0.16 per share, reflecting a year-over-year increase of 700% [2] - Revenues are expected to reach $7 million, which is an 85.2% increase from the same quarter last year [2] Market Trends - Trends in earnings estimate revisions are strongly correlated with near-term stock price movements, indicating potential strength in the stock [3] - The consensus EPS estimate for Idaho Strategic has remained unchanged over the last 30 days, suggesting that the stock's price may not continue to rise without changes in earnings estimates [4] Industry Context - Idaho Strategic Resources is part of the Zacks Mining - Gold industry, where another company, Kinross Gold (KGC), saw a 3.4% increase to $12.02, with a 3.2% return over the past month [4] - Kinross Gold's consensus EPS estimate has decreased by 3.8% over the past month to $0.17, representing a 70% increase from the previous year [5]
Discover (DFS) Loses -21.93% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-03-18 14:36
Core Viewpoint - Discover (DFS) has experienced significant selling pressure, resulting in a 21.9% decline over the past four weeks, but analysts anticipate better-than-expected earnings in the near future [1] Group 1: Technical Analysis - The Relative Strength Index (RSI) is utilized to identify oversold stocks, with a reading below 30 indicating oversold conditions [2] - DFS has an RSI reading of 28.59, suggesting that the heavy selling may be exhausting itself and a trend reversal could be imminent [5] - The RSI helps investors identify potential entry points for stocks that have fallen below their fair value due to excessive selling pressure [3] Group 2: Fundamental Analysis - Analysts have raised earnings estimates for DFS by 0.5% over the last 30 days, indicating a positive trend that typically leads to price appreciation [6] - DFS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [7]
SAIC (SAIC) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2025-03-17 13:05
分组1 - SAIC reported quarterly earnings of $2.57 per share, exceeding the Zacks Consensus Estimate of $2 per share, and showing a significant increase from $1.43 per share a year ago, representing an earnings surprise of 28.50% [1] - The company achieved revenues of $1.84 billion for the quarter ended January 2025, surpassing the Zacks Consensus Estimate by 1.88% and increasing from $1.74 billion year-over-year [2] - Over the last four quarters, SAIC has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] 分组2 - The stock has underperformed the market, losing about 6.6% since the beginning of the year compared to the S&P 500's decline of 4.1% [3] - The current consensus EPS estimate for the coming quarter is $2.14 on revenues of $1.87 billion, and for the current fiscal year, it is $9.05 on revenues of $7.63 billion [7] - The Computers - IT Services industry, to which SAIC belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]
Wall Street Analysts Think Netflix (NFLX) Is a Good Investment: Is It?
ZACKS· 2025-03-14 14:36
Core Viewpoint - The article discusses the reliability of Wall Street analysts' recommendations, particularly focusing on Netflix (NFLX), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like Zacks Rank for making informed investment decisions [1][4]. Group 1: Brokerage Recommendations - Netflix has an average brokerage recommendation (ABR) of 1.70, indicating a consensus between Strong Buy and Buy, based on recommendations from 41 brokerage firms [2]. - Out of the 41 recommendations, 26 are classified as Strong Buy, accounting for 63.4%, while 2 are classified as Buy, making up 4.9% of the total recommendations [2]. Group 2: Limitations of Brokerage Recommendations - Studies indicate that brokerage recommendations have limited success in guiding investors towards stocks with the highest price increase potential [4]. - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings, often issuing five Strong Buy recommendations for every Strong Sell recommendation, which may mislead investors [5][9]. Group 3: Zacks Rank as an Alternative - Zacks Rank categorizes stocks into five groups based on earnings estimate revisions, with a strong correlation to near-term stock price movements, making it a more reliable indicator than ABR [7][10]. - The Zacks Rank is updated more frequently than ABR, reflecting timely changes in earnings estimates, which can provide better insights into future price movements [11]. Group 4: Current Earnings Estimates for Netflix - The Zacks Consensus Estimate for Netflix's current year earnings has remained unchanged at $24.58 over the past month, indicating stable analyst optimism regarding the company's earnings prospects [12]. - The recent consensus estimate change, along with other factors, has resulted in a Zacks Rank of 1 (Strong Buy) for Netflix, suggesting that the Buy-equivalent ABR may be a useful guide for investors [13].
Afya (AFYA) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2025-03-14 00:10
Company Performance - Afya reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, with an earnings surprise of 5.88% [1] - The company posted revenues of $145.28 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.38%, although this represents a decline from year-ago revenues of $147.35 million [2] - Over the last four quarters, Afya has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.46 on revenues of $152.88 million, and for the current fiscal year, it is $1.55 on revenues of $624.24 million [7] - The estimate revisions trend for Afya is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6] - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] Industry Context - The Schools industry, to which Afya belongs, is currently ranked in the top 17% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% of industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Dollar General (DG) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2025-03-13 13:06
Core Viewpoint - Dollar General reported quarterly earnings of $1.68 per share, exceeding the Zacks Consensus Estimate of $1.50 per share, but down from $1.83 per share a year ago, indicating a 8.2% year-over-year decline [1] Financial Performance - The company achieved revenues of $10.3 billion for the quarter ended January 2025, surpassing the Zacks Consensus Estimate by 0.44% and showing an increase from $9.86 billion year-over-year, representing a 4.3% growth [2] - Over the last four quarters, Dollar General has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Dollar General shares have declined approximately 1.3% since the beginning of the year, while the S&P 500 has decreased by 4.8% [3] - The current Zacks Rank for Dollar General is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.64 on revenues of $10.29 billion, and for the current fiscal year, it is $5.90 on revenues of $42.19 billion [7] - The estimate revisions trend for Dollar General is mixed, and future changes in estimates will be closely monitored following the recent earnings report [6][7] Industry Context - The Retail - Discount Stores industry, to which Dollar General belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Comparatively, Dollar Tree, another competitor in the same industry, is expected to report a year-over-year earnings decline of 14.5% in its upcoming results [9]
InspireMD, Inc. (NSPR) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2025-03-12 13:10
Company Performance - InspireMD, Inc. reported a quarterly loss of $0.19 per share, slightly better than the Zacks Consensus Estimate of a loss of $0.20, but worse than the loss of $0.16 per share from the previous year, indicating a 19% increase in loss year-over-year [1] - The company posted revenues of $1.95 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 6.50% and showing a year-over-year increase from $1.76 million [2] - InspireMD has surpassed consensus EPS estimates two times and revenue estimates three times over the last four quarters [2] Stock Movement and Outlook - InspireMD shares have increased by approximately 6.1% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current consensus EPS estimate for the upcoming quarter is -$0.14 on revenues of $1.88 million, and for the current fiscal year, it is -$0.73 on revenues of $10.54 million [7] Industry Context - The Medical - Instruments industry, to which InspireMD belongs, is currently ranked in the top 34% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - AngioDynamics, another company in the same industry, is expected to report a quarterly loss of $0.13 per share, reflecting an 18.8% year-over-year change, with revenues projected to be $70.58 million, down 6.1% from the previous year [9]
Wall Street Analysts Think Uber (UBER) Is a Good Investment: Is It?
ZACKS· 2025-03-10 14:35
Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Uber Technologies (UBER), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank for making informed investment decisions [1][4]. Brokerage Recommendations - Uber has an average brokerage recommendation (ABR) of 1.36, indicating a consensus between Strong Buy and Buy, based on 47 brokerage firms' recommendations [2]. - Out of the 47 recommendations, 37 are classified as Strong Buy, accounting for 78.7%, while three are classified as Buy, making up 6.4% of the total [2]. Limitations of Brokerage Recommendations - The article highlights that brokerage recommendations may not be reliable indicators of stock price movements due to analysts' biases stemming from their firms' vested interests [5][9]. - Studies suggest that brokerage firms tend to issue five "Strong Buy" recommendations for every "Strong Sell," indicating a tendency towards overly optimistic ratings [5]. Zacks Rank as an Alternative - The Zacks Rank, which classifies stocks from 1 (Strong Buy) to 5 (Strong Sell), is presented as a more reliable indicator of near-term price performance, based on earnings estimate revisions [7][10]. - The Zacks Rank is updated more frequently than the ABR, making it a timely tool for predicting future stock prices [11]. Current Earnings Estimates for Uber - The Zacks Consensus Estimate for Uber's current year earnings has increased by 0.8% over the past month to $2.54, reflecting analysts' growing optimism [12]. - This increase in consensus estimates has contributed to Uber receiving a Zacks Rank 2 (Buy), suggesting a positive outlook for the stock [13].
Passage Bio (PASG) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-03-07 18:06
Core Viewpoint - Passage Bio, Inc. (PASG) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system tracks the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts, and is crucial for understanding a company's earnings outlook [1][4]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, as institutional investors adjust their valuations based on these estimates [4][6]. Recent Performance and Projections - For the fiscal year ending December 2025, Passage Bio is expected to earn -$0.69 per share, representing a 35.5% change from the previous year's reported number [8]. - Over the past three months, the Zacks Consensus Estimate for Passage Bio has increased by 6.1%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Passage Bio to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].