Core Viewpoint - Analysts project that HP (HPQ) will report quarterly earnings of $0.74 per share, reflecting a year-over-year decline of 10.8%, with revenues expected to reach $13.85 billion, an increase of 2.4% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 0.6% in the past 30 days, indicating a reassessment by covering analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts predict 'Net revenue- Personal Systems- Commercial PS' will reach $7.11 billion, a year-over-year increase of 6.4% [5]. - The estimate for 'Net revenue- Personal Systems- Consumer PS' stands at $2.89 billion, indicating a year-over-year change of 7.4% [5]. - The average prediction for 'Net revenue- Personal Systems' is $10.00 billion, suggesting a year-over-year change of 6.7% [5]. - 'Net revenue- Printing- Supplies' is expected to reach $2.58 billion, reflecting a decline of 4.6% from the prior-year quarter [6]. - 'Net revenue- Printing- Commercial Printing' is forecasted at $1.10 billion, indicating a decrease of 4.2% from the prior-year quarter [6]. - 'Net revenue- Printing- Consumer Printing' is projected at $275.02 million, suggesting a year-over-year decline of 6.1% [7]. - Overall, 'Net revenue- Printing' is expected to reach $3.95 billion, indicating a decline of 4.6% from the year-ago quarter [7]. Operational Metrics - Analysts estimate 'Days in accounts payable' to be 133 days, compared to 131 days in the same quarter of the previous year [8]. - 'Days of sales outstanding in accounts receivable' is expected to reach 32 days, up from 31 days in the year-ago figure [8]. - 'Days of supply in inventory' is projected to be 69 days, compared to 67 days in the same quarter last year [9]. - 'Earnings from operations- Personal Systems' is estimated at $529.65 million, down from $599.00 million in the previous year [9]. - 'Earnings from operations- Printing' is projected at $721.47 million, slightly up from $715.00 million in the prior year [10]. Market Performance - Over the past month, HP shares have recorded returns of 3.5%, outperforming the Zacks S&P 500 composite's 1.1% change [10]. - Based on its Zacks Rank 3 (Hold), HPQ is expected to perform in line with the overall market in the upcoming period [10].

Core Insights - BILL Holdings (BILL) is expected to report quarterly earnings of $0.41 per share, a decline of 28.1% year-over-year, with revenues forecasted at $375.7 million, reflecting a 9.3% increase compared to the same period last year [1] Earnings Estimates - The consensus EPS estimate has been revised 3.3% lower over the last 30 days, indicating a collective reevaluation by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Key Metrics - Analysts estimate 'Revenue- Interest on funds held for customers' to be $35.92 million, a decrease of 15.2% from the prior-year quarter [5] - 'Revenue- Subscription and transaction fees' is projected to reach $339.06 million, indicating a year-over-year increase of 12.5% [5] - Total Payment Volume is expected to be $83.40 billion, up from $76.00 billion a year ago [6] - The estimated 'Transactions Processed' is 32.42 million, compared to 28.00 million in the same quarter of the previous year [6] Stock Performance - Over the past month, BILL Holdings shares have recorded a return of -8.8%, while the Zacks S&P 500 composite has changed by +1.1% [6] - BILL Holdings holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the upcoming period [6]

Core Viewpoint - Precision Drilling (PDS) shares have shown a modest gain of 0.7% recently, but analysts suggest a significant upside potential with a mean price target of $71.06, indicating a 32.9% increase from the current price of $53.47 [1] Price Targets and Analyst Estimates - The mean price target is based on eight short-term estimates with a standard deviation of $9.08, where the lowest estimate is $55.76 (4.3% increase) and the highest is $87.60 (63.8% increase) [2] - A low standard deviation among price targets suggests a strong consensus among analysts regarding the stock's potential movement [9] Earnings Estimates and Analyst Agreement - Analysts have shown increasing optimism about PDS's earnings prospects, with a positive trend in earnings estimate revisions, which historically correlates with stock price movements [11] - Over the past 30 days, one earnings estimate has increased, leading to a 40.2% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - PDS 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 upside [13] - While consensus price targets may not be entirely reliable, the implied direction of price movement appears to be a useful guide for investors [14]

Core Viewpoint - Micron's stock has seen a 6.7% increase over the past four weeks, closing at $117.21, with a potential upside of 30% based on Wall Street analysts' mean price target of $152.42 [1][4]. Price Targets and Estimates - The mean estimate consists of 33 short-term price targets with a standard deviation of $26.08, indicating variability among analysts [2]. - The lowest estimate is $75.00, suggesting a 36% decline from the current price, while the highest estimate is $200.00, indicating a potential surge of 70.6% [2]. - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement [9]. Earnings Estimates - Analysts are optimistic about Micron's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has shown a strong correlation with near-term stock price movements [11]. - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 3.6%, with seven estimates moving higher and no negative revisions [12]. Zacks Rank - Micron currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13].

Group 1 - Ooma (OOMA) is expected to report quarterly earnings of $0.20 per share, reflecting a year-over-year increase of 33.3% [1] - Revenues are anticipated to be $65.73 million, which is a 2.5% increase from the same quarter last year [1] - There have been no revisions in the consensus EPS estimate over the past 30 days, indicating stability in analysts' projections [1] Group 2 - The consensus estimate for 'Revenue- Product and other' is $4.73 million, showing a change of +3.7% from the prior-year quarter [4] - 'Revenue- Subscription and services' is projected to reach $60.99 million, indicating a change of +2.4% from the previous year [4] - The estimate for 'Core users' is 1.23 million, slightly down from 1.24 million a year ago [4] Group 3 - The 'Net dollar subscription retention rate' is projected to be 99.0%, down from 100.0% in the same quarter last year [5] - Analysts predict 'Annualized exit recurring revenue (AERR)' will reach $242.91 million, compared to $233.00 million in the same quarter of the previous year [5] - Over the past month, Ooma shares have decreased by 6.7%, while the Zacks S&P 500 composite has increased by 1.7% [5]

Core Viewpoint - Perpetua Resources Corp. (PPTA) shows potential for upside with a mean price target of $22.03, indicating a 25.4% increase from the current price of $17.57 [1] Price Targets and Analyst Consensus - The average price target for PPTA ranges from a low of $17.00 to a high of $30.00, with a standard deviation of $4.99, suggesting variability in analyst estimates [2] - The lowest estimate indicates a potential decline of 3.2%, while the highest suggests a 70.8% upside [2] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement direction [9] Earnings Estimates and Analyst Optimism - Analysts have shown increasing optimism about PPTA's earnings prospects, with a positive trend in earnings estimate revisions [11] - Over the last 30 days, one estimate has increased, leading to a 7% rise in the Zacks Consensus Estimate [12] - PPTA holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - While price targets are often sought after, they can mislead investors, and reliance solely on them may not yield favorable returns [7][10] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [8]

Core Viewpoint - Analyst recommendations play a significant role in influencing stock prices, but their reliability is questionable, particularly for Robinhood Markets, Inc. (HOOD) [1][5][10] Group 1: Brokerage Recommendations - Robinhood Markets has an average brokerage recommendation (ABR) of 1.82, indicating a consensus between Strong Buy and Buy, based on 22 brokerage firms [2][14] - Out of the 22 recommendations, 13 are Strong Buy and 2 are Buy, accounting for 59.1% and 9.1% of all recommendations respectively [2] Group 2: Limitations of Brokerage Recommendations - Solely relying on brokerage recommendations for investment decisions may not be advisable, as studies show they often fail to guide investors effectively [5][10] - Analysts from brokerage firms tend to exhibit a strong positive bias due to vested interests, issuing five "Strong Buy" recommendations for every "Strong Sell" [6][10] Group 3: Zacks Rank as an Alternative - The Zacks Rank, which classifies stocks from 1 (Strong Buy) to 5 (Strong Sell), is a more reliable indicator of near-term price performance, driven by earnings estimate revisions [8][11] - The Zacks Rank is updated more frequently than the ABR, reflecting timely changes in earnings estimates and business trends [12] Group 4: Earnings Estimates for Robinhood - The Zacks Consensus Estimate for Robinhood Markets has increased by 16.3% over the past month to $1.52, indicating growing optimism among analysts regarding the company's earnings prospects [13] - The recent change in consensus estimates, along with other factors, has resulted in a Zacks Rank 1 (Strong Buy) for Robinhood Markets, suggesting potential for stock appreciation [14]

Core Viewpoint - Analysts forecast that Nordson (NDSN) will report quarterly earnings of $2.61 per share, reflecting an 8.3% year-over-year increase, with revenues expected to reach $721 million, a 9% increase compared to the previous year [1]. Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions to the stock, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock performance [2]. Key Metrics Analysis - The average prediction for 'Net Sales- Industrial Precision Solutions' is $337.46 million, indicating a year-over-year decline of 8.9% [4]. - 'Net Sales- Advanced Technology Solutions' is estimated to reach $164.46 million, reflecting a year-over-year increase of 32.3% [4]. - 'Net Sales- Medical and Fluid Solutions' is projected at $214.82 million, showing a year-over-year increase of 28.8% [5]. - 'Operating profit (loss)- Advanced Technology Solutions' is forecasted to be $38.05 million, up from $22.95 million in the same quarter last year [5]. - 'Operating profit (loss)- Medical and Fluid Solutions' is expected to reach $60.76 million, compared to $48.37 million a year ago [6]. - 'Operating profit (loss)- Industrial Precision Solutions' is projected at $112.06 million, down from $118.11 million in the previous year [6]. Stock Performance - Nordson shares have changed by -0.1% in the past month, contrasting with a +3.3% increase in the Zacks S&P 500 composite, indicating that the stock is expected to mirror overall market performance in the near future [6].

Core Viewpoint - Arcutis Biotherapeutics, Inc. (ARQT) shows potential for significant upside, with a mean price target of $22.63 indicating a 44.8% increase from the current price of $15.63 [1] Price Targets - The average price target consists of eight estimates ranging from a low of $18.00 to a high of $29.00, with a standard deviation of $3.25, suggesting variability in analyst predictions [2] - The lowest estimate indicates a 15.2% increase, while the highest suggests an 85.5% upside [2] Analyst Sentiment - Analysts are optimistic about ARQT'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 21.2%, with three estimates moving higher and no negative revisions [12] Zacks Rank - ARQT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - While price targets are a common metric, they should be approached with skepticism as they may not accurately predict stock price movements [3][10] - Analysts often set optimistic price targets influenced by business relationships, which can lead to inflated estimates [8]

Core Insights - AMC Entertainment is expected to report a quarterly loss of -$0.04 per share, reflecting a year-over-year increase of 90.7% in losses [1] - Revenue projections for AMC are set at $1.35 billion, which represents a 30.8% increase compared to the same quarter last year [1] - Analysts have revised their consensus EPS estimate downward by 255.6% over the past 30 days, indicating a significant reassessment of the company's financial outlook [1] Revenue Estimates - Analysts predict 'Revenues- Food and beverage' will reach $477.15 million, showing a year-over-year change of +30% [3] - The estimated 'Revenues- Other theatre' is projected at $122.88 million, indicating a year-over-year change of +24% [4] - 'Revenues- Admissions' is expected to be $748.23 million, reflecting a change of +32.6% from the prior-year quarter [4] Stock Performance - Over the past month, AMC Entertainment shares have recorded a return of -2.1%, while the Zacks S&P 500 composite has seen a +0.5% change [4] - AMC holds a Zacks Rank 3 (Hold), suggesting that its performance is likely to align with the overall market in the upcoming period [4]