Urupong/iStock via Getty Images Elevator Pitch I rate Wolters Kluwer N.V. (OTCPK:WOLTF) (OTCPK:WTKWY) [WKL:NA] stock as a Hold. My prior February 29, 2024 article touched on the company’s fiscal 2024 guidance relating to bottom line growth and capital allocation. This update looks at the potential for WOLTF to deliver an earnings beat in FY 2024…
Richard Drury Shares of F&G Annuities & Life (NYSE:FG) have been a tremendous performer over the past year, rising over 140% as higher rates and strong investment returns have buoyed its financial performance. On Wednesday, the company reported solid quarterly results, and we have seen modest profit taking in response, given its large run. I…
DKosig I last wrote about Fastly (NYSE:FSLY) in November, suggesting that the company continued to face demand issues, customer concentration and an unfavorable cost structure. The stock is down close to 50% since then, with Fastly reporting poor results in Q4 2023 and Q1 2024. Fastly’s share price is again approaching levels where it could…
tobiasjo/iStock via Getty Images Elevator Pitch CapitaLand Ascendas REIT (OTCPK:ACDSF) [A17U:SP] is rated as a Hold. My earlier November 28, 2023 update touched on the divergence in the performance of CapitaLand Ascendas REIT’s different assets and the REIT’s inorganic growth strategy. In this latest write-up, I draw attention to ACDSF’s Q1 2024 business update, and…
VIKTOR FEDORENKO/iStock via Getty Images Synopsis James Hardie Industries (NYSE:JHX) specializes in the production and sale of fiber cement and fiber gypsum building solutions. JHX’s last three years financial results have shown consistent net sales growth. In addition, it was able to maintain its margins throughout the same period by focusing on selling higher-margin products…
baranozdemir By James Knightley, Chief International Economist Surprise ISM drop shows manufacturing woes continue We have had some surprisingly soft numbers out of the US this morning. The ISM manufacturing survey fell to 47.7 in February from 49.1 (consensus 49.5), contradicting the story told by the bulk of the regional manufacturing reports. That means we…
napong rattanaraktiya/iStock via Getty Images Elevator Pitch Jamf Holding Corp. (NASDAQ:JAMF) stock is rated as a Hold. Previously, I evaluated Jamf’s financial performance for the third quarter of the prior year with my November 9, 2023 initiation article. I draw attention to JAMF’s latest quarterly results and its outlook in the current write-up. Jamf’s Q4…
Editor’s note: Seeking Alpha is proud to welcome The Value Hunter as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » mkistryn/iStock via Getty Images VictoryShares US Large Cap…
JLco – Julia Amaral/iStock via Getty Images Back in October, we outlined a very clear trade on Farmers National Banc Corp. (NASDAQ:FMNB). We showed you the entries and rate shares as a buy for a trade and to collect income. The target exit was hit, and one of the things that we like to teach…
Fly View Productions We continue our Q4 earnings coverage of regional banks today with another sizable firm in M&T Bank Corporation (NYSE:MTB). The stock from a valuation perspective is relatively attractive, and offers investors a 4% yield with a growing dividend to wait for operational performance to improve. We believe that at first, rate cuts…
Bank of America CEO Brian Moynihan Drew Angerer Bank of America Corporation (NYSE:BAC) just released its fourth quarter earnings. The release was a miss on revenue but a beat on adjusted earnings per share (“EPS”). Expectations were muted heading into the release. Wall Street expected Bank of America to do $23.73 billion in revenue and…
2024 could be a slower year for the business landscape in the US economy, however, many economists are positive that the US recession could be thwarted with a soft landing. Bulls made a strong comeback this year in 2023, and as the year ends, the Fed has given major signals of interest rate cuts in…
FluxFactory GMS Inc (NYSE:GMS) recently reported its latest quarterly results, with revenue and EPS coming in above expectations. The company recognized as a leading manufacturer of wallboard, ceilings, and steal-framing installations has benefited from the resilient construction activity despite the volatile macro backdrop over the past year. Indeed, the stock is up more than 40%…
Md Babul Hosen Brief summary of prior coverage X4 Pharmaceuticals (NASDAQ:XFOR) is developing mavorixafor for WHIM (a rare inherited form of chronic neutropenia), as well as for a broader chronic neutropenia patient population. Mavorixafor’s mechanism of action is ideal for WHIM and results from clinical trials are very convincing for an eventual approval in WHIM….
deepblue4you The NFIB unveiled its latest look at small business sentiment early Tuesday morning. The headline number remains in the bottom decile of its historical range, falling 0.1 points to 90.6 in November. That is compared to expectations which called for the number to be unchanged last month. Across the categories factoring into the index,…
Igor Vershinsky/iStock via Getty Images Travel + Leisure Co. (NYSE:TNL) recently delivered mixed quarterly results, but the company continues to deliver quarterly net sales growth and adjusted EBITDA growth. In my view, the significant amount of recurrent revenue, recent dividend growth, and the potential of the network effects established with brands and hotels will most…
DKosig Investment Thesis InterDigital, Inc. (NASDAQ:IDCC) delivered Q3 2023 results which were mixed. On the one hand, there’s enough in this set of results to put a solid BUY rating on this stock. Not only was the sale of two license agreements very welcome on the top line, but it also allowed IDCC’s free cash…
tonaquatic Thesis overview MorphoSys AG (NASDAQ:MOR) recently announced positive topline results from its phase 3 trial of pelabresib in myelofibrosis (MF). The study easily met the primary endpoint. However, despite the strong positive trend, statistical significance was not achieved at key secondary endpoints assessing symptomatic improvement. Nevertheless, in a pre-specified subgroup analysis in intermediate-risk patients…
code6d Retail endured a tough Q3. NIKE (NYSE:NKE) and Target (TGT) were two of the worst large-cap performers, but both names caught a bid as the holiday season approached. Later this week, we’ll hear same-store sales figures from Costco, and Nike reports full-quarter results a few weeks later. I have a hold rating on Nike….
DKosig Predicting the direction of the US or global economy has always been a humbling profession, but doing it in the post-Covid economy where monetary and fiscal activity has gone into ‘Ludicrous’ mode only makes an impossible job even harder. The latest releases of global flash PMI readings for November from S&P Global only add…
Asia-Pacific Images Studio/E+ via Getty Images Elevator Pitch My rating for Futu Holdings Limited (NASDAQ:FUTU) shares is a Hold. I previously touched on the regulatory developments associated with FUTU’s business operations in my prior March 9, 2023 update. In this latest article, my focus is on the review of Futu Holdings’ financial results for the…
PixelsEffect Listen below or on the go on Apple Podcasts and Spotify Catalyst watch for the week of November 19. Seeking Alpha Senior Executive Editor Kim Khan on the quiet economic calendar. (00:21) Julie Morgan shares the latest analysis on two companies set to report earnings, Baidu, Inc. (BIDU) and Nvidia Corporation (NVDA). (02:20) They…
Nudphon Phuengsuwan Amid a broad market rally over the past few weeks, investors are now wondering: is it too late to get a jump on stocks again? In my view, the answer is no: but the key to beating the markets through next year will be to double down on high-quality small cap stocks that…
Imagesrouges We previously covered Amazon.com, Inc. (NASDAQ:AMZN) in August 2023, discussing its turnaround story from the FY2022 debacle, when the e-commerce company reported negative profit margins. The combination of its drastic cost optimization efforts, returning advertising spend, and AWS’s outperformance in the FQ2’23 quarter had led to our Buy rating, further aided by the booming…
As investors and analysts await the official jobs report for October, the 2-year and 10-year Treasury yields moved in opposite directions. US Treasury yields came in varied on Friday as investors wait on the jobs report for October for an indication of the labor market and the effect of interest rates. While the 2-year Treasury…
PepeLaguarda/iStock via Getty Images At a Glance Building on my previous analysis of Dynavax Technologies (NASDAQ:DVAX), the landscape has shifted subtly. HEPLISAV-B sales continue to be a bright spot, but new elements like insider selling activities have entered the equation. Financially, the picture remains complex: revenues have declined year-over-year, yet the rise in HEPLISAV-B sales,…
panida wijitpanya Investment Thesis Insteel Industries Inc.’s (NYSE:IIIN) stock price has remained relatively flat since my previous article in January, where I recommended waiting on the sidelines until a bottom is in place. The company’s revenue and margins have continued to decline since then. The company recently reported its Q4FY23 results, and while the quarter…
fatido By Min Joo Kang Nominal labour cash earnings grew slower than expected in August We had expected to see some acceleration in earnings given the reasonably strong wage negotiation results from the last quarter, but disappointingly, headline growth rose 1.1% year-on-year in August (versus the revised 1.1% in July and the 1.5% market consensus)….
bernardbodo In February of this year, I believed that shares of Constellation Brands (NYSE:STZ) lost some of its touch. Growth slowed down after a few very strong years, as cannabis investments have not worked out at all. Trading at a 20 times earnings multiple, amidst higher leverage and slower growth, I believed that valuations looked…
DKosig The latest earnings results for banks include words like “record,” “outstanding,” and “doubles.” So far, 2023 has been a banner year for the sector, at least from an earnings perspective. But bank stock prices have yet to eclipse their previous highs. The KBW NASDAQ Global Bank Index, which tracks global banks, has barely grown…
RossHelen/iStock via Getty Images Investment Thesis While AZZ Inc.’s (NYSE:AZZ) valuation is not expensive, it faces headwinds from the tough macroeconomic environment which is slowing some of its end-markets including commercial and residential construction, transportation, and HVAC. The company’s high debt levels and the high interest rate it is paying on its variable debt should…
GizemBDR/iStock via Getty Images Introduction Viridian Therapeutics (NASDAQ:VRDN) is a biopharmaceutical firm committed to creating best-in-class medicines for rare and serious illnesses, specifically where existing treatments fall short. The company’s lead program, VRDN-001, a monoclonal antibody that inhibits insulin-like growth factor-1 receptor (IGF-1R), targets thyroid eye disease [TED] and has shown encouraging clinical proof-of-concept. Viridian…
Umnat Seebuaphan/iStock via Getty Images Elevator Pitch I have a Hold investment rating for Envestnet, Inc. (NYSE:ENV) stock. Previously, I wrote about an activist investor getting involved with ENV in my prior April 20, 2023 update for the company. With this latest write-up, I downgrade my rating for Envestnet from a Buy earlier to a…
As investors brace themselves for another week of market volatility and unsteady stock futures, all eyes are on the crucial economic data releases that could have a profound impact on the financial landscape. This morning marked a cautious start for investors as stock futures presented a mixed outlook following a positive day on Wall Street….
martin-dm One of the core tenets of my investment philosophy is that it is wise for investors to keep a close eye on the companies that they own shares of. Whenever new data becomes available, we get the opportunity to see how the companies that we own shares in are performing. And when we notice…
canbalci Vanguard Financials Index Fund ETF Shares (NYSEARCA:VFH) is a passively managed sector specific ETF. I believe this fund offers some opportunities as well as some risk factors in the short term and I generally see it as a mixed bag as I’ll explain in the remainder of the article. The fund invests in close…
krblokhin/iStock via Getty Images Comstock Holding Companies, Inc. (NASDAQ:CHCI) recently reported Q2 2023 earnings results on August 11. Results were mixed, with some reasons for investors to be comforted and some reasons to be concerned. When it comes to micro-cap stocks, things will usually not be perfect quarter to quarter and the lack of earnings…
Brandon Bell Investment Thesis CarMax, Inc.’s (NYSE:KMX) revenue growth is expected to remain under pressure in the near term due to adverse macroeconomic conditions which is resulting in lower demand for used vehicles as a result of tight discretionary spending in an inflationary environment and rising interest rates. Moreover, the easing of supply issues in…
Gap Inc’s new CEO Richard Dickson took over after the company reported an 8 percent drop in sales in Q2 to $3.55 billion, compared with $3.86 billion a year earlier. Gap Inc (NYSE: GPS) shares closed Thursday trading at $9.53, down 1.24 percent from the day’s opening price. The losses were however recovered during the…
da-kuk The iShares Russell 1000 ETF (NYSEARCA:IWB) is a tech-focused slice of the US stock market with plenty of large-cap exposure. Ultimately, these stocks are all high multiple and their valuations are being driven by cash flows forecast way into the distance. That means a lot of sensitivity to the interest and inflation rate situation,…
While the easing of headline inflation is welcome news for consumers, experts are paying closer attention to the underlying trends. The United Kingdom’s inflation rate took a step back in July, registering an annual increase of 6.8%, a considerable decline from the 7.9% recorded in June. The new UK inflation rate is the lowest level…
svetikd Investment Thesis fuboTV Inc. (NYSE:FUBO) delivers a mixed Q2 set of results. On the one hand, the business continues to acquire paying customers at a very rapid rate. This consideration is the bright element in the bull case. This allows fuboTV to continue to lay claim to its growth ambitions of being the ”go-to”…
Vladimirs_Gorelovs Thesis My article analyzes Danone S.A.’s (OTCQX:DANOY) Q2 2023 Earnings Report, noting the company’s impressive sales growth and ongoing improvements in their transformation plan. However, I also shed light on potential risk factors and headwinds such as negative volume mix impacts from adverse foreign exchange rates as well as challenges with Russia that ultimately…