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Southern Copper (SCCO) Soars 8.4%: Is Further Upside Left in the Stock?
ZACKS· 2025-09-25 13:46
Core Viewpoint - Southern Copper (SCCO) shares experienced an 8.4% increase, attributed to rising copper prices and significant trading volume [1][2]. Company Performance - Southern Copper is expected to report quarterly earnings of $1.11 per share, reflecting a year-over-year decline of 3.5%, while revenues are projected to be $3.09 billion, marking a 5.3% increase from the previous year [3]. - The consensus EPS estimate for Southern Copper has been revised 11.1% higher in the last 30 days, indicating a positive trend that may lead to further price appreciation [4]. Industry Context - The rise in Southern Copper's stock is linked to higher copper prices, which surged 3.77% to $4.84 per pound due to Freeport-McMoRan Inc. declaring force majeure at its Grasberg mine, impacting supply [2]. - Other companies in the non-ferrous mining industry, such as Energy Fuels, also showed positive stock performance, with Energy Fuels closing 1.2% higher [5].
CarMax (KMX) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2025-09-25 13:01
Financial Performance - CarMax reported quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $1.03 per share, and down from $0.85 per share a year ago, representing an earnings surprise of -37.86% [1] - The company posted revenues of $6.59 billion for the quarter ended August 2025, missing the Zacks Consensus Estimate by 6.52%, and down from $7.01 billion year-over-year [2] - Over the last four quarters, CarMax has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - CarMax shares have lost about 30.2% since the beginning of the year, while the S&P 500 has gained 12.9% [3] - The current Zacks Rank for CarMax is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.82 on revenues of $6.41 billion, and for the current fiscal year, it is $3.89 on revenues of $27.18 billion [7] - The outlook for the Automotive - Retail and Wholesale - Parts industry, where CarMax operates, is currently in the bottom 25% of Zacks industries, which may impact stock performance [8]
Apollo Global Management Inc. (APO) Just Reclaimed the 200-Day Moving Average
ZACKS· 2025-09-24 14:31
Apollo Global Management Inc. (APO) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, APO broke through the 200-day moving average, which suggests a long-term bullish trend.The 200-day simple moving average is widely-used by traders and analysts, and helps establish market trends for stocks, commodities, indexes, and other financial instruments over the long term. The indicator moves higher or lower together with longer-term price moves, serv ...
Is Trending Stock Strategy Inc (MSTR) a Buy Now?
ZACKS· 2025-09-24 14:00
Core Viewpoint - Strategy (MSTR) has experienced a decline of -6.7% over the past month, underperforming the Zacks S&P 500 composite's +3.1% and the Zacks Financial - Miscellaneous Services industry's +2.9% [1] Earnings Estimate Revisions - The consensus earnings estimate for Strategy is a loss of $0.11 per share for the current quarter, reflecting a year-over-year change of +93% [4] - The consensus earnings estimate for the current fiscal year is -$15.73, indicating a year-over-year change of -134.1% [4] - For the next fiscal year, the consensus earnings estimate is $0.4, representing a change of +97.5% from the previous year [5] - The Zacks Rank for Strategy is 4 (Sell), indicating a potential underperformance in the near term due to recent changes in earnings estimates [6] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $118.2 million, showing a year-over-year change of +1.8% [9] - The sales estimates for the current and next fiscal years are $466.75 million and $485.05 million, indicating changes of +0.7% and +3.9%, respectively [9] Last Reported Results and Surprise History - Strategy reported revenues of $114.49 million in the last quarter, a year-over-year increase of +2.7% [10] - The EPS for the same period was $32.6, compared to -$0.76 a year ago, with a surprise of +27266.67% [10] - Over the last four quarters, the company surpassed EPS estimates only once and topped consensus revenue estimates just once [11] Valuation - Strategy is graded F on the Zacks Value Style Score, indicating it is trading at a premium to its peers [15]
Almonty Industries Inc. (ALM) Moves 12.3% Higher: Will This Strength Last?
ZACKS· 2025-09-24 11:35
Company Overview - Almonty Industries Inc. (ALM) shares increased by 12.3% to close at $5.95, with a notable trading volume compared to typical sessions, and a total gain of 23.5% over the past four weeks [1][2] Project Development - The company has initiated a large-scale drilling program at its Sangdong Molybdenum Project in South Korea, planning to drill 26 holes over 11,700 meters to confirm molybdenum reserves [2][3] - Almonty holds an exclusive agreement to supply 100% of future molybdenum output from the Sangdong project to SeAH M&S, a subsidiary of the SeAH Group, in response to a molybdenum shortage in South Korea [3] Financial Performance - The upcoming quarterly earnings report is expected to show earnings of $0.00 per share, reflecting a year-over-year change of +100%, with revenues projected at $17.33 million, a 248% increase from the previous year [4] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [5] Industry Context - Almonty Industries is part of the Zacks Mining - Miscellaneous industry, where Teck Resources Ltd (TECK) also operates, having closed at $38.62 with a 0.3% decrease in the last trading session and a 16.3% return over the past month [6]
Alvotech (ALVO) Surges 8.6%: Is This an Indication of Further Gains?
ZACKS· 2025-09-24 08:46
Alvotech (ALVO) shares rallied 8.6% in the last trading session to close at $8.7. 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 3.7% loss over the past four weeks.Alvotech extended its rally for a second day, fueled by optimism after the EMA’s CHMP backed its regulatory filings for biosimilar versions of Amgen’s Prolia/Xgeva and J&J’s Simponi.This company is expected to post quarterly earnings of $0.08 per ...
AAR (AIR) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-09-23 22:16
Company Performance - AAR reported quarterly earnings of $1.08 per share, exceeding the Zacks Consensus Estimate of $0.98 per share, and up from $0.85 per share a year ago, representing an earnings surprise of +10.20% [1] - The company posted revenues of $739.6 million for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 7.86%, compared to $661.7 million in the same quarter last year [2] - AAR has surpassed consensus EPS estimates in all four of the last quarters and has topped consensus revenue estimates three times during the same period [2] Stock Performance - AAR shares have increased approximately 25.5% since the beginning of the year, outperforming the S&P 500's gain of 13.8% [3] - The current consensus EPS estimate for the upcoming quarter is $1.07 on revenues of $706.94 million, and for the current fiscal year, it is $4.43 on revenues of $2.87 billion [7] Industry Outlook - The Aerospace - Defense Equipment industry, to which AAR belongs, is currently ranked in the top 25% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact AAR's stock performance [5]
EverCommerce (EVCM) Upgraded to Strong Buy: Here's Why
ZACKS· 2025-09-23 17:01
Core Viewpoint - EverCommerce (EVCM) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing 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 changes in these estimates are strongly correlated with stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Company Performance and Outlook - The recent upgrade for EverCommerce suggests an improvement in its underlying business, which could lead to increased stock prices as investors respond positively to this trend [5][10]. - Over the past three months, the Zacks Consensus Estimate for EverCommerce has increased by 988.9%, indicating a significant upward revision in earnings expectations [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 5% receiving a "Strong Buy" rating, which positions EverCommerce favorably for potential market-beating returns [7][10]. - The Zacks Rank has a strong historical performance, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7].
All You Need to Know About Draganfly (DPRO) Rating Upgrade to Buy
ZACKS· 2025-09-23 17:01
Draganfly Inc. (DPRO) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investors ...
Wall Street Analysts See a 91.89% Upside in Solaris Resources Inc. (SLSR): Can the Stock Really Move This High?
ZACKS· 2025-09-23 14:56
Group 1 - Solaris Resources Inc. (SLSR) shares have increased by 0.4% over the past four weeks, closing at $5.55, with a mean price target of $10.65 indicating a potential upside of 91.9% [1] - The average price targets range from a low of $8.76 to a high of $13.05, with a standard deviation of $2.18, suggesting a strong agreement among analysts regarding the stock's potential movement [2] - Analysts show strong optimism regarding SLSR's earnings prospects, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][11] Group 2 - The Zacks Consensus Estimate for SLSR has increased by 14.3% due to one upward revision in earnings estimates over the last 30 days, indicating positive sentiment among analysts [12] - SLSR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, further supporting its potential upside [13] - While the consensus price target may not be entirely reliable, the direction it implies appears to be a good guide for potential price movement [14]