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Rivian Automotive (RIVN) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-06-20 17:00
Rivian Automotive (RIVN) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing ear ...
Should You Buy AmEx Stock After Wall Street Ups Earnings View?
ZACKS· 2025-06-20 14:41
Key Takeaways American Express' 2025 earnings estimate rose by 1 cent over the past seven days. The stock trades at a forward P/E of 18.31X, above its five-year median of 16.83X. AmEx plans its biggest Platinum card revamp this fall to enhance its premium offering.American Express Company (AXP) is gaining attention as its earnings estimates for 2025 have moved higher over the past week. The company delivered strong first-quarter 2025 earnings, driven by growing Card Member spending and a premium customer ...
Down 13.3% in 4 Weeks, Here's Why HubSpot (HUBS) Looks Ripe for a Turnaround
ZACKS· 2025-06-20 14:36
Core Viewpoint - HubSpot (HUBS) has experienced significant selling pressure, declining 13.3% over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, with analysts predicting better earnings than previously expected [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that helps identify whether a stock is oversold, with readings below 30 indicating oversold conditions [2] - HUBS has an RSI reading of 22.07, suggesting that heavy selling may be exhausting, indicating a potential bounce back towards equilibrium in supply and demand [5] Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts to raise earnings estimates for HUBS, with a 0.4% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7] - HUBS 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 near-term turnaround [8]
CSW Industrials (CSW) Loses 6.8% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-06-20 14:36
CSW Industrials (CSW) has been on a downward spiral lately with significant selling pressure. After declining 6.8% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum os ...
Kroger (KR) Beats Q1 Earnings Estimates
ZACKS· 2025-06-20 14:11
Kroger (KR) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.76%. A quarter ago, it was expected that this supermarket chain would post earnings of $1.12 per share when it actually produced earnings of $1.14, delivering a surprise of 1.79%.Over the last four quarters, the company has ...
Darden Restaurants (DRI) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-06-20 13:10
Darden Restaurants (DRI) came out with quarterly earnings of $2.98 per share, beating the Zacks Consensus Estimate of $2.96 per share. This compares to earnings of $2.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.68%. A quarter ago, it was expected that this owner of Olive Garden and other chain restaurants would post earnings of $2.81 per share when it actually produced earnings of $2.80, delivering a surprise of -0.36 ...
CarMax (KMX) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-06-20 13:01
Group 1: Earnings Performance - CarMax reported quarterly earnings of $1.38 per share, exceeding the Zacks Consensus Estimate of $1.18 per share, and up from $0.97 per share a year ago, representing an earnings surprise of 16.95% [1] - The company posted revenues of $7.55 billion for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 0.40%, compared to year-ago revenues of $7.11 billion [2] - Over the last four quarters, CarMax has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - CarMax shares have declined approximately 21.3% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is $1.06 on revenues of $7.22 billion, and $3.76 on revenues of $27.53 billion for the current fiscal year [7] Group 3: Industry Context - The Automotive - Retail and Wholesale - Parts industry, to which CarMax belongs, is currently in the top 30% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact CarMax's stock performance [5][6]
SoFi Technologies (SOFI) Upgraded to Buy: Here's Why
ZACKS· 2025-06-19 17:01
SoFi Technologies, Inc. (SOFI) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investor ...
Health Catalyst (HCAT) Upgraded to Buy: Here's Why
ZACKS· 2025-06-19 17:01
Investors might want to bet on Health Catalyst (HCAT) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors o ...
Plus (PSTV) Upgraded to Buy: Here's Why
ZACKS· 2025-06-19 17:01
Core Viewpoint - Plus Therapeutics (PSTV) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the correlation between changes in earnings estimates and stock price movements, making it a valuable tool for investors [2][3]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to price movements based on their buying or selling activities [3]. Company Performance Indicators - The upgrade for Plus reflects an improvement in the company's underlying business, which is expected to positively influence its stock price [4]. - Over the past three months, the Zacks Consensus Estimate for Plus has increased by 78.7%, indicating a significant upward revision in earnings expectations [7]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks which have averaged a +25% annual return since 1988 [6]. - Plus's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9].