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Freightcar America (RAIL) Moves 18.6% Higher: Will This Strength Last?
ZACKS· 2025-07-10 10:16
Freightcar America (RAIL) shares rallied 18.6% in the last trading session to close at $11.66. 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 20.2% gain over the past four weeks.The company has performed very well this year, with shares gaining 31% year to date. Strong demand for railcars and the company's efforts to reduce costs are boosting growth. RAIL has relocated production to a lower-cost region. The ...
CRISPR Therapeutics (CRSP) Moves 9.6% Higher: Will This Strength Last?
ZACKS· 2025-07-10 09:26
Group 1: Stock Performance - CRISPR Therapeutics AG shares increased by 9.6% to close at $60.08, with notable trading volume compared to typical sessions [1] - The stock has gained 27.7% over the past four weeks, indicating strong investor interest [1] Group 2: Pipeline Developments - The rise in CRISPR's stock price is attributed to positive sentiment regarding its pipeline, particularly the in vivo candidate CTX310 targeting ANGPTL3 for atherosclerotic heart disease [2] - Updated data from an early-stage study showed a single dose of CTX310 resulted in peak reductions of up to 82% in triglyceride levels and up to 86% in LDL levels, generating excitement for other pipeline candidates [2] Group 3: Financial Expectations - The company is expected to report a quarterly loss of $1.54 per share, reflecting a year-over-year change of -3.4%, while revenues are projected at $5.89 million, a significant increase of 1032.9% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, suggesting that stock price movements may be influenced by trends in earnings estimate revisions [4] Group 4: Industry Context - CRISPR Therapeutics is part of the Zacks Medical - Biomedical and Genetics industry, where Wave Life Sciences also operates, closing the last trading session 10.8% higher at $7.7 [4] - Wave Life Sciences has seen a consensus EPS estimate change of -6.6% over the past month, indicating a potential decline in performance compared to the previous year [5]
Bassett Furniture (BSET) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-09 23:45
Company Performance - Bassett Furniture (BSET) reported quarterly earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.15 per share, and compared to a loss of $0.19 per share a year ago, representing an earnings surprise of +46.67% [1] - The company posted revenues of $84.35 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 3.88%, and compared to year-ago revenues of $83.41 million [2] - Over the last four quarters, Bassett has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Outlook - Bassett shares have increased approximately 17.3% since the beginning of the year, outperforming the S&P 500's gain of 5.9% [3] - The current consensus EPS estimate for the coming quarter is $0.20 on $83.6 million in revenues, and for the current fiscal year, it is $0.88 on $334.66 million in revenues [7] - The estimate revisions trend for Bassett was favorable ahead of the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Furniture industry, to which Bassett belongs, is currently in the top 37% of over 250 Zacks industries, suggesting a favorable outlook as the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Legget & Platt (LEG), is expected to report quarterly earnings of $0.29 per share, with revenues anticipated to be $1.06 billion, down 5.8% from the year-ago quarter [9]
BTCS Inc. (BTCS) Stock Jumps 111.1%: Will It Continue to Soar?
ZACKS· 2025-07-09 18:36
Company Overview - BTCS Inc. shares increased by 111.1% in the last trading session, closing at $5.91, with a significant volume of shares traded compared to normal sessions [1] - The stock had a 13.4% gain over the past four weeks, with a notable price rise following the announcement of a $100 million capital raise aimed at purchasing Ethereum [1] Business Strategy - BTCS focuses on Ethereum block-building through its Builder+ platform and validator node operations across various proof-of-stake (PoS) networks [2] - The company employs a non-custodial staking model to enhance trust and scalability, while its AI-powered ChainQ analytics platform improves data transparency [2] - Security is a priority, with 98% of crypto assets stored in encrypted cold storage, and proprietary infrastructure is used to optimize performance and efficiency [2] Financial Performance - The company is expected to report a quarterly loss of $0.07 per share, reflecting a year-over-year decline of 75% [3] - Revenue is projected to be $1.7 million, representing a 203.6% increase from the same quarter last year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may be influenced by trends in earnings estimate revisions [4] Industry Context - BTCS Inc. holds a Zacks Rank of 2 (Buy) within the Zacks Financial - Miscellaneous Services industry [5] - Another company in the same industry, Ponce Financial, closed the last trading session at $14.36, with a 1.4% increase, and has returned 6.6% over the past month [5] - Ponce Financial's consensus EPS estimate has remained unchanged at $0.17, showing a year-over-year change of +21.4% [6]
Post Holdings (POST) Upgraded to Buy: Here's Why
ZACKS· 2025-07-09 17:01
Core Viewpoint - Post Holdings (POST) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, making it a valuable tool for investors [2][3]. - Institutional investors play a role in this relationship, as they adjust their valuations based on earnings estimates, leading to stock price fluctuations [3]. Business Improvement Indicators - The upgrade in ratings and rising earnings estimates suggest an improvement in Post Holdings' underlying business, which could lead to an increase in stock price as investors respond positively [4]. Earnings Estimate Revisions - For the fiscal year ending September 2025, Post Holdings is projected to earn $6.63 per share, consistent with the previous year's figure, while the Zacks Consensus Estimate has increased by 3.4% over the past three months [7]. Zacks Rank System Overview - 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]. - The upgrade of Post Holdings to a 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].
Qifu Technology, Inc. (QFIN) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-07-09 17:00
Qifu Technology, Inc. (QFIN) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.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 the ...
All You Need to Know About AvePoint (AVPT) Rating Upgrade to Buy
ZACKS· 2025-07-09 17:00
Investors might want to bet on AvePoint, Inc. (AVPT) , 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.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.The power ...
All You Need to Know About Enhabit (EHAB) Rating Upgrade to Buy
ZACKS· 2025-07-09 17:00
Core Viewpoint - Enhabit (EHAB) has received an upgrade to a Zacks Rank 2 (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 is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Company Performance and Outlook - The upgrade for Enhabit suggests an improvement in its underlying business, which could lead to increased stock prices as investors respond positively [5][10]. - For the fiscal year ending December 2025, Enhabit is expected to earn $0.44 per share, with the Zacks Consensus Estimate having increased by 18% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - Enhabit’s upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [9][10].
OPENLANE (KAR) Upgraded to Buy: Here's Why
ZACKS· 2025-07-09 17:00
OPENLANE (KAR) could be a solid choice for investors given its recent upgrade 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.Individual investors often f ...
Alight (ALIT) Upgraded to Buy: Here's Why
ZACKS· 2025-07-09 17:00
Investors might want to bet on Alight, Inc. (ALIT) , 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.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 ...