Core Viewpoint - Guggenheim maintains a Buy rating and a price target of $206.00 on Johnson & Johnson, reflecting a positive outlook following a recent upgrade from Neutral [1] Group 1: Investor Sentiment - Investor feedback post-upgrade has been largely positive, with consensus that J&J shares are well positioned for further upside [2] - Analysts believe the company has effectively managed the initial impact of Stelara's loss of exclusivity and is entering a new growth phase supported by its Innovative Medicine segment [2] Group 2: Financial Adjustments - Guggenheim made minor adjustments to its financial model to reflect updated prescription and pricing data for key products, as well as recent foreign exchange fluctuations [3] - The firm anticipates potential upward revisions to earnings estimates and valuation multiples as the product cycle progresses [3]

Wells Fargo sets a price target of $123 for NYSE:AXS, indicating a potential increase of approximately 27.41%.AXS upgraded to a Zacks Rank #2 (Buy), reflecting optimism in its earnings prospects.The company's stock price currently stands at $96.54, with a year's trading range between $77.21 and $107.19.Axis Capital Holdings Limited, trading on the NYSE under the symbol AXS, is a global provider of specialty insurance and reinsurance solutions. The company operates in various segments, including insurance an ...

So, how should you position right now. We have with us Joseph Tannius, the chief investment strategist at Northern Trust Asset Management, which has more than $1 trillion in assets under management. Joe, thank you very much for being here with us.You heard Emily's report on what's happening with regard to the continuing resol getting getting something done to keep the government going. You heard the stuff out of the White House with regard to OM and cutting funding for certain types of projects in certain l ...

Lululemon Athletica (LULU) is a Zacks Rank #5 (Strong Sell) despitethe company recently posted a solid beat and the stock has sold off as a result.  This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day.Description                                              lululemon athletica, Inc. engages in the business of designing, distributing, and retailing technical athletic apparel, footwear, and accessories. It operates through the following segments: Company-Oper ...

Core Viewpoint - Wall Street analysts anticipate a decline in Evolution Petroleum's quarterly earnings and revenues, indicating potential challenges for the company in the upcoming report [1]. Financial Performance Expectations - Expected quarterly earnings are $0.02 per share, reflecting a year-over-year decline of 33.3% [1]. - Revenues are projected to be $21.15 million, down 0.4% from the same quarter last year [1]. - There have been no revisions in the consensus EPS estimate over the last 30 days, suggesting analysts have maintained their initial forecasts [1]. Key Metrics Analysis - Analysts predict 'Total Oil and gas production per day' to be 7,120 barrels of oil equivalent, a decrease from 7,209 barrels reported in the same quarter last year [4]. - The 'Average sales price - Natural gas liquids' is expected to be $23.57, down from $29.08 a year ago [4]. - The 'Average sales price - Crude oil' is estimated at $59.79, compared to $76.49 in the previous year [5]. Market Performance - Over the past month, Evolution Petroleum shares have increased by 4.4%, outperforming the Zacks S&P 500 composite's increase of 3.4% [5]. - The company holds a Zacks Rank 3 (Hold), indicating it is likely to perform in line with the overall market in the near future [5].

Group 1 - European Wax Center, Inc. (EWCZ) is expected to report quarterly earnings of $0.19 per share, a 26.7% increase year-over-year, while revenues are forecasted at $56.93 million, reflecting a 4.9% decrease compared to the same period last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have collectively reassessed their initial estimates during this period [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3] Group 2 - Analysts project 'Revenue- Marketing fees' to reach $7.79 million, a decrease of 4.3% from the prior-year quarter [5] - 'Revenue- Royalty fees' is estimated at $14.02 million, suggesting a 3.1% year-over-year decline [5] - 'Revenue- Product sales' is expected to be $31.29 million, indicating a 7.8% decrease year-over-year [5] - 'Revenue- Other revenue' is projected at $3.22 million, reflecting a 3.7% decline from the previous year [6] - The consensus for 'Ending center count' is 1,054, down from 1,059 in the same quarter last year [6] Group 3 - Over the past month, European Wax Center shares have declined by 23.5%, while the Zacks S&P 500 composite has increased by 1.9% [7] - EWCZ holds a Zacks Rank 3 (Hold), suggesting that its performance is likely to align with the overall market in the near future [7]

Group 1 - The upcoming report from Red Robin (RRGB) is expected to show a quarterly loss of -$0.25 per share, which is an increase of 47.9% compared to the same period last year [1] - Analysts forecast revenues of $285.22 million, indicating a decline of 5% year over year [1] - There has been a 4.3% upward revision in the consensus EPS estimate for the quarter over the last 30 days, reflecting analysts' reassessment of their initial forecasts [2] Group 2 - Analysts estimate that 'Revenues - Restaurant revenue' will be $280.07 million, a decrease of 4.9% from the prior-year quarter [5] - The projected 'Number of restaurants - Franchised' is expected to reach 90, down from 92 in the same quarter last year [5] - The 'Number of restaurants - Total' is forecasted to be 486, compared to 503 a year ago [5] Group 3 - The forecast for 'Number of restaurants - Company-owned' is 397, down from 411 in the previous year [6] - Red Robin shares have decreased by 5.5% in the past month, contrasting with a +1.9% change in the Zacks S&P 500 composite [6] - With a Zacks Rank 3 (Hold), Red Robin is expected to perform in line with the overall market in the near future [6]

Core Viewpoint - Yelp (YELP) is expected to report quarterly earnings of $0.48 per share, reflecting an 11.1% decline year-over-year, while revenues are forecasted to increase by 2.2% to $364.77 million [1] Financial Estimates - Analysts predict 'Net revenue- Advertising' to be $348.14 million, indicating a year-over-year change of +2% [4] - 'Net revenue- Other services' is projected to reach $16.63 million, reflecting a +6.1% change from the prior-year quarter [4] - 'Net revenue- Advertising revenue- Services' is expected to be $239.85 million, showing a +7.6% change year-over-year [4] Advertising Revenue Insights - 'Net revenue- Advertising revenue- Restaurants, Retail & Other' is estimated at $108.04 million, suggesting an -8.7% year-over-year change [5] - 'Paying Advertising Locations' is forecasted to reach 514.75 thousand, down from 531.00 thousand reported in the same quarter last year [5] - 'Paying Advertising Locations - Restaurants, Retail & Other' is expected to be 251.00 thousand, compared to 277.00 thousand in the same quarter last year [6] - 'Paying Advertising Locations - Services' is projected to reach 263.33 thousand, up from 254.00 thousand reported in the same quarter last year [6] Market Performance - Over the past month, Yelp shares have recorded a return of -1.9%, while the Zacks S&P 500 composite has seen a +1% change [6] - Yelp holds a Zacks Rank 2 (Buy), indicating a likelihood of outperforming the overall market in the upcoming period [6]

Core Viewpoint - The upcoming earnings report from Marriott International is anticipated to show a quarterly earnings per share of $2.64, reflecting a 5.6% increase year-over-year, with revenues expected to reach $6.67 billion, a 3.5% increase compared to the previous year [1]. Earnings Projections - There has been a downward revision of 0.4% in the consensus EPS estimate over the last 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts estimate 'Gross fee revenues' to be $1.39 billion, a 3.5% increase from the prior year [5]. - 'Net fee revenues' are projected to reach $1.36 billion, also indicating a 3.5% year-over-year change [5]. - 'Owned, leased, and other revenue' is expected to be $411.32 million, reflecting a 4.1% increase from the previous year [5]. - 'Franchise fees' are forecasted to reach $858.35 million, showing a year-over-year change of 4.9% [6]. Key Metrics - 'Comparable Systemwide International Properties - Worldwide - REVPAR' is expected to be 138, up from 136 in the same quarter last year [6]. - The 'REVPAR Growth Rate' is anticipated to be 1.8%, down from 4.9% in the previous year [7]. - The consensus estimate for 'Rooms - Franchised' stands at 1,127,367, compared to 1,062,749 in the same quarter last year [7]. - 'Rooms - Managed - US & Canada' is projected to be 217,370, up from 213,712 year-over-year [8]. - 'Rooms - Total' is expected to reach 1,749,668, compared to 1,658,659 in the same quarter last year [9]. Stock Performance - Marriott shares have decreased by 2.7% over the past month, contrasting with the Zacks S&P 500 composite's increase of 2.7%, indicating an expected underperformance in the near term [11].

Core Insights - Analysts project that MercadoLibre (MELI) will report quarterly earnings of $12.01 per share, reflecting a year-over-year increase of 14.6% [1] - Revenue is expected to reach $6.52 billion, marking a 28.6% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1] Revenue Estimates - 'Revenues- Fintech' are estimated at $2.94 billion, representing a 39.9% increase from the prior-year quarter [4] - 'Revenues- Commerce' are forecasted to be $3.70 billion, indicating a 24.7% year-over-year change [4] - 'Geographic Revenue- Mexico' is projected to reach $1.38 billion, reflecting a 15.2% increase from the previous year [4] Geographic Revenue Projections - 'Geographic Revenue- Argentina' is estimated at $1.46 billion, showing a significant increase of 68.9% year-over-year [5] - 'Geographic Revenue- Brazil' is expected to be $3.51 billion, indicating a 26.1% increase from the prior year [5] - 'Geographic Revenue- Fintech- Brazil' is projected at $1.40 billion, reflecting a 29.1% year-over-year change [6] Additional Metrics - 'Gross merchandise volume' is predicted to be $14.90 billion, compared to $12.65 billion from the previous year [7] - 'Total payment volume' is expected to reach $64.01 billion, up from $46.33 billion year-over-year [7] - 'Geographic Revenue- Commerce- Mexico' is estimated at $876.54 million, indicating a 9.7% increase from the prior-year quarter [7] Market Performance - Over the past month, shares of MercadoLibre have declined by 4.7%, contrasting with the Zacks S&P 500 composite's increase of 3.4% [8] - Currently, MELI holds a Zacks Rank 4 (Sell), suggesting potential underperformance in the near future [8]