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Will Monolithic (MPWR) Beat Estimates Again in Its Next Earnings Report?

Monolithic (MPWR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Monolithic Power (MPWR), which belongs to the Zacks Semiconductor - Analog and Mixed industry.This chipmaker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 5.05%.For the last reported quarter, Monolithic came out with earnings of $2.06 per share versus the Zacks Consensus Estimate of $2 per share, representing a surprise of 3%. For the previous quarter, the company was expected to post earnings of $1.69 per share and it actually produced earnings of $1.81 per share, delivering a surprise of 7.10%.Price and EPS SurpriseThanks in part to this history, there has been a favorable change in earnings estimates for Monolithic lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.Monolithic currently has an Earnings ESP of +2.83%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner.Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Monolithic Power Systems, Inc. (MPWR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 14th, 2022

6 Must-Buy Large-Cap Stocks Ahead of Q4 Earnings Next Week

Six large-cap companies will report earnings next week. These are: TSLA, URI, FCX, VRTX, STLD and BRO. Wall Street is facing severe volatility in this week as market participants are keeping their fingers crossed for a hawkish Fed in the near term. However, the fourth-quarter 2021 earnings season is gathering pace with better-than-expected results so far. Earnings results are expected to stay strong this time around.Six large-cap stocks are poised to beat on fourth-quarter earnings results next week. These stocks carry a favorable Zacks Rank and a possible earnings beat is likely to make them attractive to investors in the near future. These are - Tesla Inc. TSLA, Steel Dynamics Inc. STLD, Brown & Brown, Inc. BRO, United Rentals Inc. URI, Freeport-McMoRan Inc. FCX and Vertex Pharmaceuticals Inc. VRTX.Solid Start to Fourth-Quarter EarningsAs of Jan 19, 43 S&P 500 companies have reported fourth-quarter 2021 results. Total earnings of these companies are up 18.3% year over year on 11.7% higher revenues with 86% beating EPS estimates and 79.1% surpassing revenue estimates.Total fourth-quarter earnings of the market's benchmark — the S&P 500 Index — are projected to climb 21.5% from the same period last year on 12% higher revenues, following 41.4% year-over-year earnings growth on 17.4% higher revenues in the third quarter, 95% year-over-year earnings growth on 25.3% higher revenues in the second quarter and 49.3% year-over-year earnings growth on 10.3% higher revenues in first-quarter 2021.The first three quarters of last year were favorably impacted since the preceding quarters of the year before that were affected by pandemic-induced lockdowns and restrictions. However, the U.S. economy started reopening at a very slow pace since the beginning of the fourth quarter of 2020.Our Top PicksSix large-cap (market capital > $10 billion) companies will report earnings next week. Each of these stocks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy) and has a positive Earnings ESP. You can see the complete list of today’s Zacks #1 Rank stocks here.Our research shows that for stocks with the combination of a Zacks Rank #3 (Hold) or better and a positive Earnings ESP, the chance of an earnings beat is as high as 70%. These stocks are anticipated to appreciate after their earnings releases. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.The chart below shows the price performance of our six picks in last quarter.Image Source: Zacks Investment ResearchTesla has acquired a substantial market share within the electric car segment. Increasing Model 3 delivery, which forms a significant chunk of TSLA’s overall deliveries, is aiding its top line. Along with Model 3, Model Y is contributing to its revenues.In addition to increasing automotive revenues, Tesla’s energy generation and storage revenues boost its earnings prospects. TSLA said that its overall deliveries surged 20% in the third quarter from its previous record in the second quarter, marking the sixth consecutive quarter-on-quarter gain.The Zacks Rank #1 Tesla has an Earnings ESP of +6.30%. It has an expected earnings growth rate of 33.4% for the current year. The Zacks Consensus Estimate for current-year earnings improved 1.7% over the last 30 days.TSLA recorded earnings surprises in three out of the last four reported quarters, with an average beat of 25.4%. Tesla is set to release earnings results on Jan 26, after the closing bell.Steel Dynamics Inc. is expected to gain from acquisitions as well as strong liquidity and efforts to expand capacity. The acquisitions of Heartland and United Steel Supply have boosted Steel Dynamics' shipping capabilities. Moreover, the buyout of Zimmer will support its raw material procurement strategy at its new Texas flat roll steel mill.STLD is also expected to gain from its investments to beef up capacity and upgrade facilities. Steel Dynamics is executing several projects that should add to capacity and boost profitability. The electric-arc-furnace flat roll steel mill will strengthen its steelmaking capacity and value-added product capability.The Zacks Rank #2 STLD has an Earnings ESP of +6.38%. The Zacks Consensus Estimate for current-year earnings improved 1.2% over the last 30 days. Steel Dynamics recorded earnings surprises in the last four reported quarters, with an average beat of 5.1%. STLD is set to release earnings results on Jan 24, after the closing bell.Brown & Brown has a compelling portfolio along with an impressive growth trajectory driven by organic and inorganic initiatives across all its segments. Buyouts and collaborations enhanced Brown & Brown's existing capabilities and extended its geographic foothold.Strategic efforts continue to drive commission and fees. BRO’s sturdy performance has driven cash flow, enabling it to deploy capital in shareholder-friendly moves. BRO boasts a strong balance sheet backed by a solid cash position.The Zacks Rank #1 Brown & Brown has an Earnings ESP of +1.56%. It has an expected earnings growth rate of 5.9% for the current year. The Zacks Consensus Estimate for current-year earnings improved 0.9% over the last 7 days.BRO recorded earnings surprises in the last four reported quarters, with an average beat of 18.3%. Brown & Brown is set to release earnings results on Jan 24, after the closing bell.Freeport-McMoRan is conducting exploration activities near existing mines to expand reserves. FCX is expected to gain from the progress in exploration activities that will boost production capacity. Freeport’s Lone Star project provides additional upside.FCX is also well-positioned to benefit from automotive electrification, which is positive for copper as electrical vehicles are copper intensive. Higher copper prices are also expected to support its margins. Freeport’s efforts to reduce debt is also encouraging.The Zacks Rank #2 Freeport has an Earnings ESP of +2.86%. It has an expected earnings growth rate of 32.2% for the current year. The Zacks Consensus Estimate for current-year earnings improved 1.2% over the last 7 days.FCX recorded earnings surprises in three out of the last four reported quarters, with an average beat of 4.3%. Freeport is set to release earnings results on Jan 26, before the opening bell.United Rentals is benefiting from higher rental revenues, fleet productivity and absorptions. Fleet productivity was up 13.5% in the third quarter from the prior-year quarter, depicting better fleet absorption. URI’s raised 2021 guidance exhibits broad-based growth across the company’s verticals, with persistent growth opportunities for certain non-residential verticals including datacenter, healthcare and warehouse projects.The Zacks Rank #2 United Rentals has an Earnings ESP of +1.34%. It has an expected earnings growth rate of 22.4% for the current year. The Zacks Consensus Estimate for current-year earnings improved 0.1% over the last 30 days.URI recorded earnings surprises in two out of the last four reported quarters, with an average beat of 5.7%. United Rentals is set to release earnings results on Jan 26, after the closing bell.Vertex’s cystic franchise sales continue to grow despite the impact of the pandemic. Trikafta/Kaftrio’s early approval/launch were a significant milestone. New reimbursement agreements in ex-U.S. markets and label expansions to younger age groups in United States are driving VRTX’s Trikafta/Kaftrio sales higher.Vertex’s non-CF pipeline is progressing rapidly with data from multiple programs expected in the next few months. Vertex faces only minimal competition in its core CF franchise. Vertex has collaborations with several companies.The Zacks Rank #2 VRTX has an Earnings ESP of +10.77%. It has an expected earnings growth rate of 3.3% for the current year. The Zacks Consensus Estimate for current-year earnings improved 0.2% over the last 30 days.Vertex recorded earnings surprises in three out of the last four reported quarters, with an average beat of 8%. VRTX is set to release earnings results on Jan 26, after the closing bell.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Steel Dynamics, Inc. (STLD): Free Stock Analysis Report FreeportMcMoRan Inc. (FCX): Free Stock Analysis Report Vertex Pharmaceuticals Incorporated (VRTX): Free Stock Analysis Report Brown & Brown, Inc. (BRO): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report United Rentals, Inc. (URI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Suncor"s (SU) Output Takes a Hit Amid Operational Issues

Malfunctions at the Syncrude and Firebag sites lower Suncor Energy's (SU) oil production by about 195,000 barrels per day in the latter half of December. One of Canada’s largest integrated oil and gas producers, Suncor Energy SU said that production was lower than anticipated at two of its oil sands sites last month as a consequence of operational mishaps.The company also confirmed the latest safety lapse at its base plant on Jan 6 where a heavy haul truck hit another one at the mine as a result of which two workers in the lead truck suffered minor injuries and the driver of the other truck died. This is said to be the fourth fatality at a Suncor facility since late 2020.Coming back to operational outages, malfunctions at Syncrude and Firebag lowered oil production by about 195,000 barrels per day (bpd) in the latter half of December. The total output for 2021 was around 732,000 bpd, down about 1% from the lower end of its Oct 27 guidance range of 740,000 bpd to 780,000 bpd, per the company. Suncor added that the sites have returned to normal output and production estimates for 2022 remain unaffected.At Syncrude, complications were related to failures in chains that drove crushing equipment as well as the delay in repair due to harsh weather conditions. Meanwhile, at Firebag, 170 wells were shut down and two plants went offline due to frozen parts.Founded in 1917, Alberta-based Suncor Energy, Inc. is Canada's premier integrated energy company. The company's operations include oil sands development and upgrading, conventional and offshore crude oil and gas production, petroleum refining and product marketing.Suncor currently has a Zacks Rank #5 (Strong Sell). Investors interested in the energy sector might look at the following companies that presently carry a better Zacks Rank. Equinor EQNR, Murphy USA MUSA and REX American Resources REX, each sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Equinor’s 2022 earnings is projected at $3.87 per share, up about 17% from the projected year-ago earnings of $3.31.The Zacks Consensus Estimate for Equinor’s 2022 earnings has been revised upward three times over the past 60 days from $3.46 to $ 3.87 per share. EQNR stock has increased significantly around 46.7% in a year.Murphy USA is valued at around $5 billion. The Zacks Consensus Estimate for Murphy USA’s 2022 earnings has been revised 17.2% upward over the past 60 days from 9.45 to 11.08.Murphy USA beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters, the average being 20.9%. MUSA stock has rallied around 52.4% in a year.REX American’s stock price has increased about 12.9% in the past year. REX American beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, the average being 93.9%.The Zacks Consensus Estimate for REX’s 2022 earnings is fixed at $9.30 per share, with an increase of 12.4% from the projected year-ago earnings of $8.27. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Suncor Energy Inc. (SU): Free Stock Analysis Report Murphy USA Inc. (MUSA): Free Stock Analysis Report REX American Resources Corporation (REX): Free Stock Analysis Report Equinor ASA (EQNR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Las Vegas Sands (LVS) to Post Q4 Earnings: What"s in Store?

Las Vegas Sands' (LVS) fourth-quarter performance is likely to reflect a recovery in Singapore and Macau markets owing to the easing of restrictions and reopening of travel lanes. Las Vegas Sands Corp. LVS is scheduled to report fourth-quarter 2021 results on Jan 26, 2022, after the closing bell. In the previous quarter, the company reported a negative earnings surprise of 80%.How are Estimates Placed?The Zacks Consensus Estimate for the fourth-quarter bottom line is pegged at a loss of 21 cents per share, indicating an improvement of 43.2% from a loss of 37 cents reported in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $1,033 million. The metric suggests a deterioration of 9.9% from the year-ago quarter’s figure.Las Vegas Sands Corp. Price and EPS Surprise  Las Vegas Sands Corp. price-eps-surprise | Las Vegas Sands Corp. Quote Let's take a look at how things have shaped up in the quarter.Factors at PlayLas Vegas Sands’ fourth-quarter performance is likely to have benefitted from a recovery in Singapore and Macau markets. A surge in vaccination rates, easing of restrictions and establishment of travel corridors are likely to have made way for recovery in the to-be-reported quarter. Moreover, planned investment in new projects coupled with robust spending at the premium mass level for the gaming and retail perspective in Macau is likely to have driven the company’s performance in the fourth quarter.Higher revenues at Sand Cotai Central and Parisian Macao might have contributed to the company’s fourth-quarter performance. The Zacks Consensus Estimate for net revenues at Sand Cotai Central and Parisian Macao are pegged at $147 million and $114 million, suggesting growth of 54.7% and 12.9%, respectively, from the prior-year quarter’s figures. Its Marine Bay Sands segment might have witnessed revenue gain as well. For this segment, the consensus mark is pegged at $348 million, indicating an improvement of 0.9% from the prior-year quarter’s tally.Net revenues at Four Seasons Hotel Macao is pegged at $114, suggesting no changes from the prior-year quarter’s levels. Net revenues at Venetian Macao are pegged at $278 million, indicating a decline of 15% from the prior-year quarter’s levels.Dismal visitation in the Las Vegas operating properties is likely to have affected the company’s performance. Although sequential improvements in terms of visitation are likely, it is still expected to remain below pre-pandemic levels. For Las Vegas operations, the consensus mark for fourth-quarter revenues is pegged at $12.5 million, indicating a deterioration of 91.7% from the year-ago quarter’s levels.What Our Model SaysOur proven model does not conclusively predict an earnings beat for Las Vegas Sands this time around. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat estimates. But that's not the case here.Earnings ESP: Las Vegas Sands has an Earnings ESP of +22.66%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: The company carries a Zacks Rank #5 (Strong Sell).Stocks Poised to Beat Earnings EstimatesHere are some stocks from the Zacks Consumer Discretionary space that investors may consider as our model shows that these have the right combination of elements to post an earnings beat:Crocs, Inc. CROX has an Earnings ESP of +7.09% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.Shares of Crocs have gained 44.5% in the past year. CROX’s earnings topped the consensus mark in all the last four quarters, with the average being 41.6%.Oxford Industries, Inc. OXM has an Earnings ESP of +2.97% and a Zacks Rank #1.Shares of Oxford Industries have gained 24.1% in the past year. OXM’s earnings topped the consensus mark thrice but missed the same on one occasion, with the average surprise being 96.7%.Central Garden & Pet Company CENT has an Earnings ESP of +100.00% and a Zacks Rank #2.Shares of Central Garden have gained 7% in the past year. CENT’s earnings topped the consensus mark in three of the trailing four quarters, with the average surprise being 46.1%.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Las Vegas Sands Corp. (LVS): Free Stock Analysis Report Central Garden & Pet Company (CENT): Free Stock Analysis Report Crocs, Inc. (CROX): Free Stock Analysis Report Oxford Industries, Inc. (OXM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

F5 Networks (FFIV) to Report Q1 Earnings: What"s in Store?

Increased demand for secured communication networks amid the pandemic-induced work-and-learn-from-home wave is likely to have aided F5 Networks' (FFIV) first-quarter fiscal 2022 results. F5 Networks FFIV is set to report first-quarter fiscal 2022 results on Jan 25.For the fiscal first quarter, F5 Networks estimates revenues in the range of $665-$685 million (midpoint $675 million). The Zacks Consensus Estimate for revenues is pegged at $677.5 million, suggesting year-over-year growth of 8.5%.The company anticipates non-GAAP earnings in the range of $2.71-$2.83 per share (midpoint $2.77). The Zacks Consensus Estimate stands at $2.78 per share, indicating a year-over-year increase of approximately 14%.The company’s earnings surpassed estimates in all the trailing four quarters, the average beat being 7.3%.Let’s see how things have shaped up prior to the upcoming announcement.F5, Inc. Price and EPS Surprise F5, Inc. price-eps-surprise | F5, Inc. QuoteFactors at PlayF5 Networks’ fiscal first-quarter performance is likely to have benefited from the pandemic-induced work-from-home and online-learning wave, which is boosting demand for secured communication networks.The company’s sustained focus on transitioning the business to a software-driven model is anticipated to have aided the company’s overall performance in the fiscal first quarter. The surging demand for multi-cloud application services is expected to have been a key growth driver during the quarter.The rising traction of the Enterprise License Agreement and annual subscriptions by customers is likely to have boosted software growth. This, in turn, is anticipated to have fueled the product’s top line. The Zacks Consensus Estimate for product revenues stands at $334 million, indicating an approximately 16% improvement from the year-ago reported figure of $289 million.Additionally, FFIV and NGINX’s first combined solution — Controller 3.0 — is expected to have boosted the total addressable market and deal sizes across DevOps and Super-NetOps customer profiles. This is estimated to have positively impacted the company’s overall performance during the fiscal first quarter.Furthermore, the COVID-19 crisis is anticipated to have had a minimal impact on F5 Networks’ business during the fiscal first quarter due to its efficient inventory management.However, as more organizations continue shifting to cloud computing due to its maintenance-free and cost-effective nature, F5 Networks’ hardware business might have seen a declining trend during the quarter under review as well.What Our Model SaysOur proven model does not predict an earnings beat for F5 Networks this season. The combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here.F5 Networks currently carries a Zacks Rank of 3 and has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell, before they’re reported, with our Earnings ESP Filter.Stocks With the Favorable CombinationPer our model, Apple AAPL, Advanced Micro Devices AMD and Alphabet GOOGL have the right combination of elements to post an earnings beat in their upcoming releases.Apple is slated to report first-quarter fiscal 2022 results on Jan 27. The company carries a Zacks Rank #2 and has an Earnings ESP of +2.89% at present. Apple’s earnings beat the Zacks Consensus Estimate thrice in the preceding four quarters while meeting the same on one occasion, the average surprise being 22.3%. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Apple’s quarterly earnings is pegged at $1.89 per share, suggesting a year-over-year improvement of 12.5%. AAPL’s quarterly revenues are estimated to increase 6.1% year over year to $118.1 billion.Advanced Micro Devices carries a Zacks Rank #2 and has an Earnings ESP of +3.77%. The company is scheduled to report fourth-quarter 2021 results on Feb 1. Advanced Micro Devices’ earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 14%.The Zacks Consensus Estimate for AMD’s fourth-quarter earnings is pegged at 75 cents per share, indicating year-over-year growth of 44.2%. The consensus mark for revenues stands at $4.52 billion, suggesting a year-over-year increase of 39.4%.Alphabet currently carries a Zacks Rank #2 and has an Earnings ESP of +10.08%. The company is slated to report its fourth-quarter 2021 results on Feb 1. Alphabet’s earnings beat the Zacks Consensus Estimate thrice in the preceding four quarters while missing the same on one occasion, the average surprise being 4.6%.The Zacks Consensus Estimate for Alphabet’s fourth-quarter earnings stands at $26.85 per share, implying a year-over-year increase of 20.4%. GOOGL is estimated to report revenues of $59.3 billion, which suggests growth of 27.7% from the year-ago quarter.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report F5, Inc. (FFIV): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Is a Surprise Coming for Home Bancorp (HBCP) This Earnings Season?

Home Bancorp (HBCP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and Home Bancorp, Inc. HBCP may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Home Bancorp is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for HBCP in this report.In fact, the Most Accurate Estimate for the current quarter is currently higher than the broader Zacks Consensus Estimate of $1.20 per share. This suggests that analysts have very recently bumped up their estimates for HBCP, giving the stock a Zacks Earnings ESP of +0.21% heading into earnings season.Home Bancorp, Inc. Price and EPS Surprise Home Bancorp, Inc. price-eps-surprise | Home Bancorp, Inc. QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that HBCP has a Zacks Rank #1 (Strong Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for Home Bancorp, and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Home Bancorp, Inc. (HBCP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Should You Buy Landstar (LSTR) Ahead of Earnings?

Landstar (LSTR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and Landstar System, Inc. LSTR may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Landstar is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for LSTR in this report.In fact, the Most Accurate Estimate for the current quarter is currently at $2.90 per share for LSTR, compared to a broader Zacks Consensus Estimate of $2.85 per share. This suggests that analysts have very recently bumped up their estimates for LSTR, giving the stock a Zacks Earnings ESP of +1.56% heading into earnings season.Landstar System, Inc. Price and EPS Surprise Landstar System, Inc. price-eps-surprise | Landstar System, Inc. QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that LSTR has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for Landstar, and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Landstar System, Inc. (LSTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Is a Surprise Coming for Levi Strauss (LEVI) This Earnings Season?

Levi Strauss (LEVI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and Levi Strauss & Co. LEVI may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Levi Strauss is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for LEVI in this report.In fact, the Most Accurate Estimate for the current quarter is currently higher than the broader Zacks Consensus Estimate of 40 cents per share. This suggests that analysts have very recently bumped up their estimates for LEVI, giving the stock a Zacks Earnings ESP of +1.01% heading into earnings season.Levi Strauss & Co. Price and EPS Surprise Levi Strauss & Co. price-eps-surprise | Levi Strauss & Co. QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that LEVI has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for Levi Strauss, and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Levi Strauss & Co. (LEVI): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 21st, 2022

Is a Surprise Coming for Methanex (MEOH) This Earnings Season?

Methanex (MEOH) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and Methanex Corporation MEOH may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Methanex is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for MEOH in this report.In fact, the Most Accurate Estimate for the current quarter is currently at $2.57 per share for MEOH, compared to a broader Zacks Consensus Estimate of $2.56 per share. This suggests that analysts have very recently bumped up their estimates for MEOH, giving the stock a Zacks Earnings ESP of +0.52% heading into earnings season.Methanex Corporation Price and EPS Surprise Methanex Corporation price-eps-surprise | Methanex Corporation QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that MEOH has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for Methanex, and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Methanex Corporation (MEOH): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 21st, 2022

Why Edwards Lifesciences (EW) Might Surprise This Earnings Season

Edwards Lifesciences (EW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and Edwards Lifesciences Corporation EW, may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Edwards Lifesciences is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for EW in this report.In fact, the Most Accurate Estimate for the current quarter is currently higher than the broader Zacks Consensus Estimate of 54 cents per share. This suggests that analysts have very recently bumped up their estimates for EW, giving the stock a Zacks Earnings ESP of +0.51% heading into earnings season.Edwards Lifesciences Corporation Price and EPS Surprise Edwards Lifesciences Corporation price-eps-surprise | Edwards Lifesciences Corporation QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that EW has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for Edwards Lifesciences, and that a beat might be in the cards for the upcoming report.  5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Edwards Lifesciences Corporation (EW): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Why Earnings Season Could Be Great for United Rentals (URI)

United Rentals (URI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and United Rentals, Inc. URI, may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because United Rentals is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for URI in this report.In fact, the Most Accurate Estimate for the current quarter is currently at $7.07 per share for URI, compared to a broader Zacks Consensus Estimate of $6.98 per share. This suggests that analysts have very recently bumped up their estimates for URI, giving the stock a Zacks Earnings ESP of +1.34% heading into earnings season.United Rentals, Inc. Price and EPS Surprise United Rentals, Inc. price-eps-surprise | United Rentals, Inc. QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that URI has a Zacks Rank #2(Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1(Strong Buy) Rank stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for United Rentals, and that a beat might be in the cards for the upcoming report.  5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report United Rentals, Inc. (URI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Why Ameriprise Financial (AMP) Might Surprise This Earnings Season

Ameriprise Financial (AMP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and Ameriprise Financial, Inc. AMP may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Ameriprise Financial is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for AMP in this report.In fact, the Most Accurate Estimate for the current quarter is currently at $5.81 per share for AMP, compared to a broader Zacks Consensus Estimate of $5.77 per share. This suggests that analysts have very recently bumped up their estimates for AMP, giving the stock a Zacks Earnings ESP of +0.69% heading into earnings season.Ameriprise Financial, Inc. Price and EPS Surprise Ameriprise Financial, Inc. price-eps-surprise | Ameriprise Financial, Inc. QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that AMP has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for Ameriprise Financial, and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ameriprise Financial, Inc. (AMP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Should You Buy CVB Financial (CVBF) Ahead of Earnings?

CVB Financial (CVBF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and CVB Financial Corp. CVBF may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because CVB Financial is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for CVBF in this report.In fact, the Most Accurate Estimate for the current quarter is currently at 34 cents per share for CVBF, compared to a broader Zacks Consensus Estimate of 33 cents per share. This suggests that analysts have very recently bumped up their estimates for CVBF, giving the stock a Zacks Earnings ESP of +1.52% heading into earnings season.CVB Financial Corporation Price and EPS Surprise CVB Financial Corporation price-eps-surprise | CVB Financial Corporation QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that CVBF has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for CVB Financial and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CVB Financial Corporation (CVBF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Is a Surprise Coming for LendingClub (LC) This Earnings Season?

LendingClub (LC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and LendingClub Corporation LC may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because LendingClub is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for LC in this report.In fact, the Most Accurate Estimate for the current quarter is currently at 22 cents per share for LC, compared to a broader Zacks Consensus Estimate of 21 cents per share. This suggests that analysts have very recently bumped up their estimates for LC, giving the stock a Zacks Earnings ESP of +0.78% heading into earnings season.LendingClub Corporation Price and EPS Surprise LendingClub Corporation price-eps-surprise | LendingClub Corporation QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that LC has a Zacks Rank #1 (Strong Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for LendingClub, and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LendingClub Corporation (LC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Plains GP (PAGP) Is Attractively Priced Despite Fast-paced Momentum

Plains GP (PAGP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices. Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.Plains GP Holdings (PAGP) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:Investors' growing interest in a stock is reflected in its recent price increase. A price change of 15.2% over the past four weeks positions the stock of this oil and gas holding company well in this regard.While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. PAGP meets this criterion too, as the stock gained 3.4% over the past 12 weeks.Moreover, the momentum for PAGP is fast paced, as the stock currently has a beta of 2.07. This indicates that the stock moves 107% higher than the market in either direction.Given this price performance, it is no surprise that PAGP has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped PAGP earn a Zacks Rank #1 (Strong Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Most importantly, despite possessing fast-paced momentum features, PAGP is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. PAGP is currently trading at 0.06 times its sales. In other words, investors need to pay only 6 cents for each dollar of sales.So, PAGP appears to have plenty of room to run, and that too at a fast pace.In addition to PAGP, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.Click here to sign up for a free trial to the Research Wizard today. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Plains Group Holdings, L.P. (PAGP): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 21st, 2022

The Zacks Rank Explained: How to Find Strong Buy Computer and Technology Stocks

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank. Whether you're a growth, value, income, or momentum-focused investor, building a successful investment portfolio takes skill, research, and a little bit of luck.But what's the best way to find the right combination of stocks? Because funding things like your retirement, your kids' college tuition, or your short- and long-term savings goals will definitely require significant returns.Enter the Zacks Rank.What is the Zacks Rank?A unique, proprietary stock-rating model, the Zacks Rank uses earnings estimate revisions, or changes to a company's earnings expectations, to help investors create a winning portfolio.There are four main factors behind the Zacks Rank: Agreement, Magnitude, Upside, and Surprise.Agreement is the extent to which all brokerage analysts are revising their earnings estimates in the same direction. The greater the percentage of analysts revising their estimates higher, the better chance the stock will outperform.Magnitude is the size of the recent change in the consensus estimate for the current and next fiscal years.Upside is the difference between the most accurate estimate, which is calculated by Zacks, and the consensus estimate.Surprise is made up of a company's last few quarters' earnings per share surprises; companies with a positive earnings surprise are more likely to beat expectations in the future.Each one of these factors is given a raw score that's recalculated every night, and then compiled into the Zacks Rank. Using this data, stocks are classified into five groups, ranging from "Strong Buy" to "Strong Sell."The Power of Institutional InvestorsThe Zacks Rank also allows individual investors, or retail investors, to benefit from the power of institutional investors.Institutional investors are responsible for managing the trillions of dollars invested in mutual funds, hedge funds, and investment banks. Research has shown that these investors can and do move the market due to the large amount of money they deal with, and thus, the market tends to move in the same direction as them.In order to figure out the fair value of a company and its shares, these investors will build valuation models focused on earnings and earnings expectations. Because if you raise estimates for the bottom line, it creates a higher fair value for a company.Institutional investors will use these changes to help in their decision-making, typically buying stocks with rising estimates and selling those with falling estimates. Higher earnings expectations can translate into a rise in stock price and bigger gains for the investor.Since it can often take weeks, if not months, for an institutional investor to build a position (given their size), retail investors who get in at the first sign of upward earnings estimate revisions have a distinct advantage over these larger investors, and can benefit from the expected institutional buying that will follow.Not only can the Zacks Rank help you take advantage of trends in earnings estimate revisions, but it can also provide a way to get into stocks that are highly sought after by professionals.How to Invest with the Zacks RankThe Zacks Rank is known for transforming investment portfolios. In fact, a portfolio of Zacks Rank #1 (Strong Buy) stocks has beaten the market in 26 of the last 32 years, with an average annual return of +25.41%.Moreover, stocks with a new #1 (Strong Buy) ranking have some of the biggest profit potential, while those that fell to a #4 (Sell) or #5 (Strong Sell) have some of the worst.Let's take a look at Vocera Communications (VCRA), which was added to the Zacks Rank #1 list on December 29, 2021.Headquartered in San Jose, CA, Vocera operates as a leading provider of secure, integrated, intelligent communication, and clinical workflow solutions. It mainly focuses on supporting mobile workers based across healthcare, retail, hospitality industries, and other mission-critical mobile work environments in the United States and globally. Out of these industries, healthcare is its largest vertical market.Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2021, while the Zacks Consensus Estimate has increased $0.03 to $0.69 per share. VCRA also boasts an average earnings surprise of 109.6%.Earnings are forecasted to see growth of 21.1% for the current fiscal year, and sales are expected to increase 16.8%.Even more impressive, VCRA has gained in value over the past four weeks, up 20.4% compared to the S&P 500's loss of 1.8%.Bottom LineWith a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, Vocera Communications should be on investors' shortlist.If you want even more information on the Zacks Ranks, or one of our many other investing strategies, check out the Zacks Education home page.Discover Today's Top StocksOur private Zacks #1 Rank List, based on our quantitative Zacks Rank stock-rating system, has more than doubled the S&P 500 since 1988. Applying the Zacks Rank in your own trading can boost your investing returns on your very next trade. See Today's Zacks #1 Rank List >> 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vocera Communications, Inc. (VCRA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Should You Buy Prosperity Bancshares (PB) Ahead of Earnings?

Prosperity Bancshares (PB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and Prosperity Bancshares PB may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Prosperity Bancshares is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for PB in this report.In fact, the Most Accurate Estimate for the current quarter is currently at $1.38 per share for PB, compared to a broader Zacks Consensus Estimate of $1.37 per share. This suggests that analysts have very recently bumped up their estimates for PB, giving the stock a Zacks Earnings ESP of +0.55% heading into earnings season.Prosperity Bancshares, Inc. Price and EPS Surprise Prosperity Bancshares, Inc. price-eps-surprise | Prosperity Bancshares, Inc. QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that PB has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for Prosperity Bancshares, and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Prosperity Bancshares, Inc. (PB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Is a Surprise Coming for SEI Investments (SEIC) This Earnings Season?

SEI Investments (SEIC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and SEI Investments SEIC may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Prosperity Bancshares is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for SEIC in this report.In fact, the Most Accurate Estimate for the current quarter is currently at 98 cents per share for SEIC, compared to a broader Zacks Consensus Estimate of 97 cents per share. This suggests that analysts have very recently bumped up their estimates for SEIC, giving the stock a Zacks Earnings ESP of +1.24% heading into earnings season.SEI Investments Company Price and EPS Surprise SEI Investments Company price-eps-surprise | SEI Investments Company QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that SEIC has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for SEI Investments, and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SEI Investments Company (SEIC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Should You Buy Meritage Homes (MTH) Ahead of Earnings?

Meritage Homes (MTH) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and Meritage Homes Corporation MTH may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Meritage Homes is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for MTH in this report.In fact, the Most Accurate Estimate for the current quarter is currently at $6.09 per share for MTH, compared to a broader Zacks Consensus Estimate of $6.04 per share. This suggests that analysts have very recently bumped up their estimates for MTH, giving the stock a Zacks Earnings ESP of +0.72% heading into earnings season.Meritage Homes Corporation Price and EPS Surprise Meritage Homes Corporation price-eps-surprise | Meritage Homes Corporation QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that MTH has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for Meritage Homes, and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Meritage Homes Corporation (MTH): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 21st, 2022

J&J (JNJ) to Set the Stage for Pharma Sector Q4 Earnings

J&J's (JNJ) Pharma segment is expected to have performed above the market. It remains to be seen if sales improved in the Medical Devices segment in the fourth quarter. Johnson & Johnson JNJ will report fourth-quarter and full-year 2021 results on Jan 25, before market open. In the last-reported quarter, the company delivered an earnings surprise of 9.7%.The healthcare bellwether’s performance has been pretty impressive, with the company exceeding earnings expectations in each of the trailing four quarters. It delivered a four-quarter earnings surprise of 8.34%, on average.Johnson & Johnson Price and EPS Surprise         Johnson & Johnson price-eps-surprise | Johnson & Johnson QuoteJ&J’s stock has risen 4.8% this year so far compared with an increase of 17.2% for the industry. Image Source: Zacks Investment ResearchFactors to ConsiderJ&J’s Pharma segment is expected to have continued to outperform the market led by increased penetration and new indications across key products such as Darzalex, Imbruvica, and Stelara. J&J markets Imbruvica in partnership with AbbVie ABBV.The Zacks Consensus Estimate for Imbruvica, Darzalex and Stelara is pegged at $1.15 billion, $1.61 billion and $2.46 billion, respectively.Other core products like Invega Sustenna/Xeplion/Invega Trinza/Trevicta, J&J’s PAH drugs and new drugs, Erleada and Tremfya might have contributed significantly to sales growth.Improvement in sales of some other key drugs like Xarelto, as seen in the past few quarters, is likely to have continued into the fourth quarter. Last quarter, temporary COVID-19 impacts on new patient starts and modest share loss in the United States to new oral competition hurt sales of J&J and AbbVie’s Imbruvica to an extent. It remains to be seen if these trends improved in the fourth quarter.J&J’s single-dose COVID-19 vaccine, which is approved for emergency use in some countries, generated sales of $502 million in the third quarter. Sales of the vaccine are likely to have been higher in the fourth quarter. A booster shot of the vaccine was authorized in October 2021, which is likely to have boosted sales in the fourth quarter.Generic/biosimilar competition to drugs like Zytiga, Procrit/Eprex and Remicade and some negative impact of COVID-19 is likely to have hurt the top line.Also, some volatility in sales mainly due to the recent surge of infections due to the Delta and Omicron variants is expected to have affected sales of some drugs in the fourth quarter.The Zacks Consensus Estimate for J&J’s Pharmaceuticals unit is $14.58 billion.Medical Devices segment sales are likely to have benefited from an ongoing recovery after being hurt significantly in the early stages of the pandemic. However, the Delta variant and healthcare staff shortage led to a sequential step down in procedure volume trends in the third quarter. Though elective procedure volumes are likely to have recovered in the fourth quarter, the pace of recovery and the impact of Delta/Omicron-related rising infection rates create uncertainty.The Zacks Consensus Estimate for J&J’s Medical Devices segment is $6.9 billion.In the Consumer Healthcare segment, the improving trend seen in the last couple of quarters is likely to have continued.The Zacks Consensus Estimate for J&J’s Consumer Healthcare segment is $3.73 billion.Importantly, J&J is likely to announce its financial guidance for 2022 on the fourth-quarter conference call.Key Update in Q4In November 2021, J&J announced plans to separate its Consumer Health segment into a new publicly-traded company, leaving behind a new J&J with its Pharmaceuticals and Medical Device units.J&J believes the Consumer Health unit’s separation would drive growth and unlock significant value as the Pharmaceutical and Medical Devices units are relatively higher growth, higher-margin businesses. The separation of the Consumer Health unit is expected to be completed in the next 18 to 24 months, pending necessary board and regulatory approval. The remaining Pharmaceutical and Medical Devices company will continue to use the name Johnson & Johnson and will be led by a new chief executive officer, Joaquin Duato. J&J may announce the new Consumer Health publicly-traded company’s name on the fourth-quarter conference call.Earnings WhispersOur proven model does not conclusively predict an earnings beat for J&J this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.Earnings ESP: J&J’s Earnings ESP is 0.00% as the Zacks Consensus Estimate as well as the Most Accurate Estimate stand at $2.12 per share. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: J&J has a Zacks Rank #4 (Sell) currently.Stocks to ConsiderHere are some large drug/biotech stocks that have the right combination of elements to beat on earnings this time around:Glaxo GSK with an Earnings ESP of +5.41% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.Glaxo’s stock has surged 25.6% in the past year. Glaxo topped earnings estimates in three of the last four quarters. Glaxo has a four-quarter earnings surprise of 15.28%, on average.Amgen AMGN has an Earnings ESP of +1.20% and a Zacks Rank #3.Amgen also topped earnings estimates in three of the last four quarters. Amgen has a four-quarter earnings surprise of 5.65%, on average.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GlaxoSmithKline plc (GSK): Free Stock Analysis Report Johnson & Johnson (JNJ): Free Stock Analysis Report Amgen Inc. (AMGN): Free Stock Analysis Report AbbVie Inc. (ABBV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Why Earnings Season Could Be Great for TriCo Bancshares (TCBK)

TriCo Bancshares (TCBK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Investors are always looking for stocks that are poised to beat at earnings season and TriCo Bancshares TCBK may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because TriCo Bancshares is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for TCBK in this report.In fact, the Most Accurate Estimate for the current quarter is currently at 92 cents per share for TCBK, compared to a broader Zacks Consensus Estimate of 91 cents per share. This suggests that analysts have very recently bumped up their estimates for TCBK, giving the stock a Zacks Earnings ESP of +1.66% heading into earnings season.TriCo Bancshares Price and EPS Surprise TriCo Bancshares price-eps-surprise | TriCo Bancshares QuoteWhy is this Important?A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).Given that TCBK has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Clearly, recent earnings estimate revisions suggest that good things are ahead for TriCo Bancshares, and that a beat might be in the cards for the upcoming report. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TriCo Bancshares (TCBK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022