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What Makes Spark New Zealand (SPKKY) a New Buy Stock
ZACKS· 2025-07-17 17:01
Core Viewpoint - Spark New Zealand Ltd. (SPKKY) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, suggesting that an upward revision in earnings estimates can lead to higher stock prices [4][6]. - For Spark New Zealand, the recent increase in earnings estimates reflects an improvement in the company's underlying business, which is expected to positively impact its stock price [5][10]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - The upgrade of Spark New Zealand to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [9][10]. Earnings Estimate Details - Spark New Zealand is projected to earn $0.57 per share for the fiscal year ending June 2026, with no year-over-year change, but the Zacks Consensus Estimate has increased by 3.6% over the past three months [8].
All You Need to Know About Central Garden (CENTA) Rating Upgrade to Strong Buy
ZACKS· 2025-07-17 17:01
Central Garden (CENTA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by t ...
Strength Seen in Brighthouse Financial (BHF): Can Its 6.2% Jump Turn into More Strength?
ZACKS· 2025-07-17 15:11
Company Overview - Brighthouse Financial (BHF) shares increased by 6.2% to close at $50.27, following a significant volume of trading, contrasting with an 18.5% loss over the past four weeks [1][2] - The company is reportedly close to being acquired by Aquarian Holdings, which has likely contributed to the recent price appreciation [2] - Brighthouse is revamping its life insurance business to enhance annuity sales and is focusing on transitioning to less capital-intensive products [2][3] Financial Performance - The upcoming quarterly earnings are expected to be $4.70 per share, reflecting a year-over-year decline of 15.6%, with revenues projected at $2.2 billion, down 0.7% from the previous year [4] - The consensus EPS estimate has been revised 1.1% higher over the last 30 days, indicating a positive trend that may lead to further price appreciation [5] Market Position - Brighthouse Financial aims to become a premier player in the life and annuity products market, leveraging its strong market presence and product suite [3] - The company is committed to returning capital to shareholders and plans to maintain an opportunistic share repurchase program [3] Industry Context - Brighthouse Financial is part of the Zacks Insurance - Life Insurance industry, which includes other companies like Primerica (PRI) [6] - Primerica's consensus EPS estimate has increased by 0.4% to $5.18, representing a 10% year-over-year change, and it also holds a Zacks Rank of 3 (Hold) [7]
Cintas (CTAS) Q4 Earnings and Revenues Top Estimates
ZACKS· 2025-07-17 14:41
分组1 - Cintas reported quarterly earnings of $1.09 per share, exceeding the Zacks Consensus Estimate of $1.07 per share, and up from $1 per share a year ago, representing an earnings surprise of +1.87% [1] - The company achieved revenues of $2.67 billion for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 1.57%, and an increase from $2.47 billion year-over-year [2] - Cintas has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] 分组2 - Cintas shares have increased approximately 17.1% year-to-date, outperforming the S&P 500's gain of 6.5% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates of $1.20 for the next quarter and $4.87 for the current fiscal year [7] - The Zacks Industry Rank places the Business - Services sector in the top 28% of over 250 Zacks industries, indicating a favorable environment for Cintas [8]
Concentra (CON) Loses 5.8% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-07-17 14:35
Core Viewpoint - Concentra Group (CON) has experienced significant selling pressure, resulting in a 5.8% decline over the past four weeks, but analysts anticipate better earnings than previously predicted, indicating potential for recovery [1]. Group 1: Technical Analysis - The Relative Strength Index (RSI) is utilized to determine if a stock is oversold, with readings below 30 indicating oversold conditions [2]. - CON's current RSI reading is 28.87, suggesting that the heavy selling may be exhausting itself and a trend reversal could be imminent [5]. - RSI serves as a tool to identify potential price reversals, allowing investors to seek entry points for anticipated rebounds [3]. Group 2: Fundamental Analysis - Analysts have raised earnings estimates for CON, with a consensus EPS estimate increase of 0% over the last 30 days, which typically correlates with price appreciation [7]. - CON 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 [8].
Cracker Barrel Old Country Store (CBRL) Just Overtook the 20-Day Moving Average
ZACKS· 2025-07-17 14:35
Core Viewpoint - Cracker Barrel Old Country Store (CBRL) is showing potential for investment due to its recent technical movements and positive earnings estimates, indicating a bullish trend ahead [1][5][6] Technical Analysis - CBRL has crossed above the 20-day moving average, suggesting a short-term bullish trend [1] - The 20-day simple moving average is a useful tool for short-term traders, smoothing out price trends and providing trend reversal signals [2][3] Performance Metrics - CBRL shares have increased by 11.8% over the past four weeks, indicating strong upward momentum [5] - The company holds a Zacks Rank 1 (Strong Buy), suggesting potential for continued gains [5] Earnings Estimates - In the past two months, there have been four upward revisions in earnings estimates for CBRL, with no downward revisions, indicating positive sentiment among analysts [5] - The consensus earnings estimate for CBRL has also increased, further supporting the bullish outlook [5][6]
Down 10.4% in 4 Weeks, Here's Why You Should You Buy the Dip in BrightSpring Health Services, Inc. (BTSG)
ZACKS· 2025-07-17 14:35
Core Viewpoint - BrightSpring Health Services, Inc. (BTSG) has faced significant selling pressure, resulting in a 10.4% decline in stock price over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) for BTSG is currently at 23.81, indicating that the stock may be oversold and could experience a price rebound as selling pressure exhausts [5] - RSI is a momentum oscillator that helps identify whether a stock is overbought or oversold, with readings below 30 typically indicating an oversold condition [2][3] Group 2: Fundamental Indicators - There has been a strong consensus among sell-side analysts to raise earnings estimates for BTSG, leading to a 3.2% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7] - BTSG 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, suggesting a potential turnaround [8]
Private Bancorp of America, Inc. (PBAM) Misses Q2 Earnings Estimates
ZACKS· 2025-07-17 14:16
Private Bancorp of America, Inc. (PBAM) came out with quarterly earnings of $1.77 per share, missing the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $1.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.12%. A quarter ago, it was expected that this company would post earnings of $1.66 per share when it actually produced earnings of $1.8, delivering a surprise of +8.43%.Over the last four quarte ...
Insights Into General Motors (GM) Q2: Wall Street Projections for Key Metrics
ZACKS· 2025-07-17 14:16
In its upcoming report, General Motors (GM) is predicted by Wall Street analysts to post quarterly earnings of $2.45 per share, reflecting a decline of 19.9% compared to the same period last year. Revenues are forecasted to be $45.34 billion, representing a year-over-year decrease of 5.5%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during th ...
Insights Into Chubb (CB) Q2: Wall Street Projections for Key Metrics
ZACKS· 2025-07-17 14:15
In its upcoming report, Chubb (CB) is predicted by Wall Street analysts to post quarterly earnings of $5.85 per share, reflecting an increase of 8.7% compared to the same period last year. Revenues are forecasted to be $14.83 billion, representing a year-over-year increase of 7.1%.The current level reflects a downward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projecti ...