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Wall Street Analysts Predict a 143.41% Upside in Nurix Therapeutics (NRIX): Here's What You Should Know
ZACKS· 2025-07-03 14:56
Core Viewpoint - Nurix Therapeutics, Inc. (NRIX) has seen a 2.3% increase in share price over the past four weeks, closing at $12.44, with analysts suggesting a potential upside of 143.4% based on a mean price target of $30.28 [1] Price Targets - The average of 18 short-term price targets ranges from a low of $16.00 to a high of $41.00, with a standard deviation of $6.49, indicating variability among estimates [2] - The lowest estimate suggests a 28.6% increase from the current price, while the highest estimate indicates a 229.6% upside [2] Analyst Consensus and Earnings Estimates - Analysts are optimistic about NRIX's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 0.7%, with two estimates moving higher and no negative revisions [12] Zacks Rank - NRIX currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Price Movement Guidance - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [14]
Wall Street Analysts See a 49.84% Upside in Scorpio Tankers (STNG): Can the Stock Really Move This High?
ZACKS· 2025-07-03 14:56
Core Viewpoint - Scorpio Tankers (STNG) shows potential for significant upside, with a mean price target of $62.71 indicating a 49.8% increase from the current price of $41.85 [1] Price Targets - The average price target consists of seven estimates ranging from a low of $42.00 to a high of $75.00, with a standard deviation of $11.93, suggesting variability in analyst predictions [2] - The lowest estimate indicates a modest increase of 0.4%, while the highest suggests a substantial upside of 79.2% [2] Analyst Consensus and Earnings Estimates - Analysts are increasingly optimistic about STNG's earnings prospects, as evidenced by a positive trend in earnings estimate revisions [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 4.3%, with one estimate moving higher and no negative revisions [12] Zacks Rank - STNG holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [13] Caution on Price Targets - While price targets can provide insights, they should not be the sole basis for investment decisions due to historical inaccuracies in predicting actual stock price movements [3][7][10]
Should You Invest in Gray Media (GTN) Based on Bullish Wall Street Views?
ZACKS· 2025-07-03 14:30
Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Gray Media (GTN), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank for making informed investment decisions [1][5][10]. Brokerage Recommendations - Gray Media has an average brokerage recommendation (ABR) of 1.80, indicating a rating between Strong Buy and Buy, based on recommendations from five brokerage firms [2]. - Out of the five recommendations, three are Strong Buy, accounting for 60% of the total recommendations [2]. Limitations of Brokerage Recommendations - Studies indicate that brokerage recommendations have limited success in guiding investors towards stocks with the highest price increase potential [5]. - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings, with a ratio of five "Strong Buy" recommendations for every "Strong Sell" [6][10]. - The interests of brokerage firms may not align with those of retail investors, leading to potential misguidance regarding stock price movements [7][10]. Zacks Rank as an Alternative - The Zacks Rank is presented as a more reliable indicator of a stock's near-term price performance, utilizing earnings estimate revisions as its core metric [8][11]. - Unlike the ABR, which is based solely on brokerage recommendations, the Zacks Rank is a quantitative model that reflects timely changes in earnings estimates [9][12]. Current Earnings Estimates for Gray Media - The Zacks Consensus Estimate for Gray Media's current year earnings remains unchanged at -$0.72, suggesting stable analyst views on the company's earnings prospects [13]. - The Zacks Rank for Gray Media is currently 3 (Hold), indicating a cautious approach despite the Buy-equivalent ABR [14].
Is Most-Watched Stock Johnson & Johnson (JNJ) Worth Betting on Now?
ZACKS· 2025-07-03 14:00
Core Viewpoint - Johnson & Johnson is currently under observation due to its stock performance and potential future direction, particularly in relation to earnings estimates and revenue growth [1][2]. Earnings Estimate Revisions - For the current quarter, Johnson & Johnson is expected to report earnings of $2.64 per share, reflecting a decrease of -6.4% year-over-year, with a slight increase of +0.5% in the Zacks Consensus Estimate over the last 30 days [5]. - The consensus earnings estimate for the current fiscal year is $10.62, indicating a growth of +6.4% from the previous year, with a minor adjustment of +0.1% in the last month [5]. - For the next fiscal year, the earnings estimate stands at $11, suggesting a growth of +3.6% compared to the prior year, with a recent increase of +0.2% [6]. - Johnson & Johnson holds a Zacks Rank 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [7]. Revenue Growth Forecast - The consensus sales estimate for the current quarter is $22.77 billion, representing a year-over-year increase of +1.4% [11]. - For the current fiscal year, the revenue estimates are $91.19 billion and $94.24 billion, indicating growth rates of +2.7% and +3.4%, respectively [11]. Last Reported Results and Surprise History - In the last reported quarter, Johnson & Johnson achieved revenues of $21.89 billion, a year-over-year increase of +2.4%, and an EPS of $2.77, up from $2.71 a year ago [12]. - The company exceeded the Zacks Consensus Estimate for revenues by +1.26% and for EPS by +7.78% [12]. - Johnson & Johnson has consistently beaten consensus EPS and revenue estimates over the past four quarters [13]. Valuation - Johnson & Johnson is graded B in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [17].
Cipher Mining (CIFR) Soars 15.9%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-03 13:11
Company Overview - Cipher Mining Inc. (CIFR) shares increased by 15.9% to close at $5.68, supported by high trading volume, and have gained 42.7% over the past four weeks [1] - The stock price surge is attributed to the recent increase in Bitcoin prices, the largest cryptocurrency [1] Financial Performance - Cipher Mining is expected to report a quarterly loss of $0.12 per share, reflecting a year-over-year decline of 140% [2] - Projected revenues for the upcoming quarter are $48.37 million, which is a 31.4% increase compared to the same quarter last year [2] Earnings Estimates - The consensus EPS estimate for Cipher Mining has been revised 17.4% higher in the last 30 days, indicating a positive trend that may lead to price appreciation [3] - A strong correlation exists between earnings estimate revisions and near-term stock price movements, suggesting potential for further strength in CIFR [2][3] Industry Context - Cipher Mining is part of the Zacks Technology Services industry, which includes other companies like Crane NXT (CXT) [4] - Crane NXT's consensus EPS estimate remains unchanged at $0.96, representing a year-over-year decline of 9.4% [5] - Both Cipher Mining and Crane NXT currently hold a Zacks Rank of 3 (Hold) [4][5]
Perimeter Solutions, SA (PRM) Moves 8.5% Higher: Will This Strength Last?
ZACKS· 2025-07-03 13:06
Group 1 - Perimeter Solutions, SA (PRM) shares increased by 8.5% to close at $15.27, with a notable trading volume, and a total gain of 13.5% over the past four weeks [1] - The company has opened a new PHOS-CHEK facility in McClellan Park, Sacramento, CA, which is one of the most advanced fire-retardant production facilities globally, covering an area of 110,000 square feet [2] - This new facility will produce three key fire retardants: PHOS-CHEK MVP-Fx, PHOS-CHEK 259-Fx, and PHOS-CHEK LCE20-Fx, bringing the total number of PHOS-CHEK production facilities to seven across the U.S. and Canada [3] Group 2 - Perimeter Solutions is expected to report quarterly earnings of $0.28 per share, reflecting a year-over-year increase of 100%, with revenues projected at $133.75 million, up 5.1% from the previous year [4] - The consensus EPS estimate for Perimeter Solutions has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [5] - Perimeter Solutions holds a Zacks Rank of 2 (Buy), indicating positive market sentiment, while another company in the same industry, CSW Industrials, has seen a slight decline in stock price [5]
Ecovyst (ECVT) Moves 9.2% Higher: Will This Strength Last?
ZACKS· 2025-07-03 12:36
Company Overview - Ecovyst (ECVT) shares increased by 9.2% to close at $8.3, supported by high trading volume compared to normal sessions [1] - The stock had previously shown no significant movement over the past four weeks [1] Analyst Insights - A Citi analyst raised Ecovyst's price target from $7.50 to $10.00 while maintaining a Buy rating [2] - The analyst also revised EBITDA estimates for the second quarter of 2025 and full-year 2025, increasing them by 2% and 1% respectively [2] - The positive outlook is attributed to improved refinery utilization, stabilizing industrial production, and reduced tariff concerns [2] Earnings Expectations - Ecovyst is projected to report quarterly earnings of $0.12 per share, unchanged from the same quarter last year [3] - Expected revenues are $204.83 million, reflecting a 12.1% increase year-over-year [3] - The consensus EPS estimate has remained stable over the last 30 days, indicating a lack of upward revisions which typically correlate with stock price movements [4] Industry Context - Ecovyst operates within the Zacks Chemical - Specialty industry, which includes other companies like Daqo New Energy (DQ) [4] - Daqo's stock rose by 15.8% to $17.71, with a 12.8% return over the past month [4] - Daqo's consensus EPS estimate for the upcoming report is -$1.16, representing a 35.9% change compared to the previous year [5]
Personalis (PSNL) Surges 14.2%: Is This an Indication of Further Gains?
ZACKS· 2025-07-03 12:11
Personalis (PSNL) shares ended the last trading session 14.2% higher at $7.51. 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 34.6% gain over the past four weeks.The sudden uptrend in the stock price can be attributed to the positive investor mindset regarding the continued growth in revenues from the sale of Personalis’ pharma tests and services, signifying increasing adoption of its technology.This provider of c ...
AirSculpt Technologies (AIRS) Moves 8.7% Higher: Will This Strength Last?
ZACKS· 2025-07-02 19:41
Company Overview - AirSculpt Technologies, Inc. (AIRS) shares increased by 8.7% to $5.25 in the last trading session, supported by higher-than-average trading volume [1] - The stock has gained 8.3% over the past four weeks, driven by stronger profitability and early success from its go-to-market strategy [1] Earnings Expectations - The company is projected to report quarterly earnings of $0.02 per share, reflecting a year-over-year decline of 77.8% [2] - Expected revenues are $45.64 million, which is a decrease of 10.5% compared to the same quarter last year [2] Earnings Estimate Revisions - The consensus EPS estimate for AirSculpt Technologies has been revised 100% higher in the last 30 days, indicating a positive trend that may lead to price appreciation [3] - A strong correlation exists between earnings estimate revisions and near-term stock price movements, suggesting potential for further strength in AIRS [3] Industry Comparison - AirSculpt Technologies is classified under the Zacks Technology Services industry, which includes other companies like Ibotta (IBTA) [4] - Ibotta's consensus EPS estimate has remained unchanged at $0.18, representing a year-over-year increase of 113.6% [5] - Ibotta has a Zacks Rank of 3 (Hold), while AirSculpt Technologies holds a Zacks Rank of 2 (Buy) [4][5]
Arhaus, Inc. (ARHS) Moves 6.5% Higher: Will This Strength Last?
ZACKS· 2025-07-02 18:27
Company Overview - Arhaus, Inc. (ARHS) shares increased by 6.5% to close at $9.23, supported by strong trading volume, contrasting with a 1.5% gain over the past four weeks [1] - The company is focusing on disciplined execution, targeted investments, and showroom expansion to achieve long-term profitable growth, with plans for 12 to 15 Total Showroom Projects in 2025 and reducing China sourcing to about 1% of total receipts [1] Earnings Expectations - The upcoming quarterly earnings report is expected to show earnings of $0.15 per share, reflecting a year-over-year decline of 6.3%, while revenues are projected to be $335.65 million, an increase of 8.4% from the previous year [2] - The consensus EPS estimate for the quarter has been revised 0.7% lower in the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [3] Industry Context - Arhaus, Inc. is part of the Zacks Retail - Miscellaneous industry, which includes other companies like Tractor Supply (TSCO), whose stock closed 2.5% higher at $54.08, with a 10.3% return over the past month [4] - Tractor Supply's consensus EPS estimate remains unchanged at $0.8, representing a year-over-year increase of 1.3%, and it currently holds a Zacks Rank of 4 (Sell) [5]