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Gambling.com (GAMB) Loses 16% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-08-04 14:35
Core Viewpoint - Gambling.com Group Limited (GAMB) has experienced a significant downtrend, with a 16.1% decline over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating that a stock is oversold [2]. - GAMB's current RSI reading is 28.47, indicating that the heavy selling pressure may be exhausting, which could lead to a price rebound as the stock seeks to return to its previous equilibrium [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts regarding GAMB's earnings potential, with a 0.9% increase in the consensus EPS estimate over the last 30 days, suggesting that upward revisions in earnings estimates often correlate with price appreciation [7]. - GAMB holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further indicating a strong potential for a near-term turnaround [8].
Wall Street Analysts Think OneSpan (OSPN) Is a Good Investment: Is It?
ZACKS· 2025-08-04 14:31
Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on OneSpan (OSPN), and highlights the potential misalignment of interests between brokerage analysts and retail investors [1][10]. Group 1: Brokerage Recommendations - OneSpan has an average brokerage recommendation (ABR) of 2.00, indicating a "Buy" on a scale from 1 (Strong Buy) to 5 (Strong Sell) [2]. - Of the four recommendations contributing to the ABR, two are classified as "Strong Buy," accounting for 50% of the total recommendations [2]. Group 2: Limitations of Brokerage Recommendations - Studies indicate that brokerage recommendations have limited success in guiding investors toward stocks with the highest price increase potential [5]. - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings due to vested interests, often issuing five "Strong Buy" recommendations for every "Strong Sell" [6][10]. Group 3: Zacks Rank vs. ABR - The Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, making it a more effective indicator of near-term stock price performance [8][11]. - Unlike the ABR, which is based solely on brokerage recommendations and may not be up-to-date, the Zacks Rank reflects timely changes in earnings estimates [12]. Group 4: OneSpan's Current Position - The Zacks Consensus Estimate for OneSpan remains unchanged at $1.45 for the current year, suggesting steady analyst views on the company's earnings prospects [13]. - Due to the unchanged consensus estimate and other factors, OneSpan holds a Zacks Rank of 3 (Hold), indicating caution despite the Buy-equivalent ABR [14].
Lindblad Expeditions (LIND) Reports Q2 Loss, Beats Revenue Estimates
ZACKS· 2025-08-04 13:40
Core Insights - Lindblad Expeditions reported a quarterly loss of $0.18 per share, better than the Zacks Consensus Estimate of a loss of $0.29, and improved from a loss of $0.48 per share a year ago, resulting in an earnings surprise of +37.93% [1] - The company achieved revenues of $167.95 million for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 5.27% and up from $136.5 million year-over-year [2] - Lindblad Expeditions has surpassed consensus EPS estimates three times over the last four quarters and topped revenue estimates four times in the same period [2] Earnings Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.23 on revenues of $231.04 million, while for the current fiscal year, the estimate is -$0.36 on revenues of $741.39 million [7] Industry Context - The Leisure and Recreation Services industry, to which Lindblad Expeditions belongs, is currently ranked in the bottom 27% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Lindblad's stock performance [5][6]
Hagerty, Inc. (HGTY) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2025-08-04 13:06
Group 1: Earnings Performance - Hagerty, Inc. reported quarterly earnings of $0.13 per share, exceeding the Zacks Consensus Estimate of $0.11 per share, and showing an increase from $0.12 per share a year ago, resulting in an earnings surprise of +18.18% [1] - The company posted revenues of $368.7 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.00%, compared to year-ago revenues of $313.23 million [2] - Over the last four quarters, Hagerty has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Hagerty shares have increased by approximately 3.8% since the beginning of the year, while the S&P 500 has gained 6.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.10 on revenues of $364.63 million, and for the current fiscal year, it is $0.32 on revenues of $1.36 billion [7] Group 3: Industry Context - The Insurance - Property and Casualty industry, to which Hagerty belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The unfavorable estimate revisions trend prior to the earnings release has resulted in a Zacks Rank 4 (Sell) for Hagerty, indicating expected underperformance in the near future [6]
Freshpet (FRPT) Tops Q2 Earnings Estimates
ZACKS· 2025-08-04 12:40
Group 1: Earnings Performance - Freshpet reported quarterly earnings of $0.33 per share, exceeding the Zacks Consensus Estimate of $0.12 per share, compared to a loss of $0.03 per share a year ago, representing an earnings surprise of +175.00% [1] - The company posted revenues of $264.69 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 1.25%, but showing an increase from year-ago revenues of $235.25 million [2] Group 2: Stock Performance and Outlook - Freshpet shares have declined approximately 55.5% since the beginning of the year, contrasting with the S&P 500's gain of 6.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $288.62 million, and for the current fiscal year, it is $1.23 on revenues of $1.12 billion [7] Group 3: Industry Context - The Zacks Industry Rank for Food - Miscellaneous is currently in the bottom 22% of over 250 Zacks industries, indicating that the outlook for the industry can significantly impact stock performance [8]
TELUS Digital (TIXT) Q2 Earnings and Revenues Beat Estimates (Revised)
ZACKS· 2025-08-01 21:45
Company Performance - TELUS Digital reported quarterly earnings of $0.06 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, but down from $0.16 per share a year ago, representing an earnings surprise of +20.00% [1] - The company posted revenues of $699 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.93%, compared to $652 million in the same quarter last year [2] - Over the last four quarters, TELUS Digital has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Stock Outlook - TELUS Digital shares have declined approximately 3.8% since the beginning of the year, while the S&P 500 has gained 7.8% [3] - The current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $675.26 million, and for the current fiscal year, it is $0.32 on revenues of $2.71 billion [7] - The estimate revisions trend for TELUS Digital was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Internet - Software industry, to which TELUS Digital belongs, is currently in the top 31% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
What Makes Tenable (TENB) a New Buy Stock
ZACKS· 2025-08-01 17:00
Core Viewpoint - Tenable (TENB) has received an upgrade to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of changing earnings estimates in influencing near-term stock price movements, making it a valuable tool for investors [2][4]. - The correlation between earnings estimate revisions and stock price movements is strong, largely due to institutional investors who adjust their valuations based on these estimates [4]. Business Improvement Indicators - Rising earnings estimates and the Zacks rating upgrade suggest an improvement in Tenable's underlying business, which could lead to increased stock prices as investors respond positively [5][10]. - For the fiscal year ending December 2025, Tenable is expected to earn $1.49 per share, with a significant increase of 100% in the Zacks Consensus Estimate over the past three months [8]. Zacks Rank 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]. - Tenable's upgrade 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 [10].
CNB (CCNE) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2025-08-01 14:56
Core Viewpoint - CNB Financial (CCNE) shares have recently experienced a decline of 5.9% over the past week, but the formation of a hammer chart pattern suggests potential support and a possible trend reversal in the future [1][2]. Technical Analysis - The hammer chart pattern indicates a minor difference between opening and closing prices, with a long lower wick, suggesting that the stock may have found support after a downtrend [4][5]. - This pattern typically signals that bears may have lost control, indicating a potential trend reversal if buying interest emerges [5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for CCNE, which is considered a bullish indicator, as it often leads to price appreciation [7]. - The consensus EPS estimate for the current year has increased by 5% over the last 30 days, indicating that analysts expect better earnings than previously predicted [8]. - CCNE currently holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [9][10].
Does CorMedix (CRMD) Have the Potential to Rally 65.64% as Wall Street Analysts Expect?
ZACKS· 2025-08-01 14:56
Core Viewpoint - CorMedix (CRMD) shows potential for significant upside, with a mean price target of $19.33 indicating a 65.6% increase from the current price of $11.67 [1] Price Targets and Analyst Estimates - The mean estimate consists of six short-term price targets, with the lowest at $18.00 (54.2% increase) and the highest at $20.00 (71.4% increase), indicating a standard deviation of $0.82, which suggests a moderate agreement among analysts [2] - Analysts' price targets can often mislead investors, as empirical research indicates that they rarely accurately predict stock price movements [7][10] - A low standard deviation in price targets indicates strong agreement among analysts regarding the stock's price direction, serving as a starting point for further research [9] Earnings Estimates and Analyst Sentiment - There is increasing optimism among analysts regarding CRMD's earnings prospects, as evidenced by a positive trend in earnings estimate revisions, which correlates with potential stock price increases [11] - The Zacks Consensus Estimate for the current year has risen by 0.7% over the past month, with one estimate increasing and no negative revisions [12] - CRMD holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for near-term upside [13] Conclusion on Price Movement - While consensus price targets may not be reliable for predicting the extent of CRMD's gains, they do provide a useful guide for the expected direction of price movement [14]
W.W. Grainger (GWW) Misses Q2 Earnings Estimates
ZACKS· 2025-08-01 14:16
Company Performance - W.W. Grainger reported quarterly earnings of $9.97 per share, missing the Zacks Consensus Estimate of $10 per share, but showing an increase from $9.76 per share a year ago, representing an earnings surprise of -0.30% [1] - The company posted revenues of $4.55 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.78% and increasing from $4.31 billion year-over-year [2] - Over the last four quarters, W.W. Grainger has surpassed consensus EPS estimates just once and topped consensus revenue estimates only once [2] Stock Outlook - W.W. Grainger shares have underperformed the market, losing about 1.4% since the beginning of the year compared to the S&P 500's gain of 7.8% [3] - The current consensus EPS estimate for the coming quarter is $10.63 on revenues of $4.63 billion, and for the current fiscal year, it is $40.47 on revenues of $17.96 billion [7] Industry Context - The Industrial Services industry, to which W.W. Grainger belongs, is currently in the top 5% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact W.W. Grainger's stock performance [5]