The Q1 earnings season has effectively come to an end for most of the major sectors, with the Retail sector as the only one that has a significant number of reports still to come. We will start getting those results this week, with a number of major players like Walmart (WMT), T
Proteostasis Therapeutics (PTI) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.28 per share a year ago. These figures are adjusted for non-recurring items.
In trading on Friday, shares of Stitch Fix Inc (Symbol: SFIX) crossed above their 200 day moving average of $21.01, changing hands as high as $24.10 per share. Stitch Fix Inc shares are currently trading up about 9.1% on the day. The chart below shows the one year performanc
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
In trading on Friday, shares of Science Applications International Corp (Symbol: SAIC) crossed above their 200 day moving average of $83.11, changing hands as high as $83.26 per share. Science Applications International Corp shares are currently trading up about 3.1% on the
Luxury lifestyle retailer Tapestry, Inc. TPR has provided more details on actions to fight coronavirus qualms. The company has started the store reopening process across North America, Europe and additional markets in Asia in adherence to governmental guidelines.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Planet Fitness Inc (Symbol: PLNT), where a total volume of 10,931 contracts has been traded thus far today, a contract volume which is representative of approx
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in New Relic Inc (Symbol: NEWR), where a total of 9,236 contracts have traded so far, representing approximately 923,600 underlying shares. That amounts to about 108.9% o
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in HP Inc (Symbol: HPQ), where a total of 82,001 contracts have traded so far, representing approximately 8.2 million underlying shares. That amounts to about 66.6% of HP
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Twitter Inc (Symbol: TWTR), where a total of 131,330 contracts have traded so far, representing approximately 13.1 million underlying shares. That amounts to about 58.
Looking at the sectors faring worst as of midday Friday, shares of Utilities companies are underperforming other sectors, showing a 2.2% loss. Within that group, PPL Corp (Symbol: PPL) and Exelon Corp (Symbol: EXC) are two of the day's laggards, showing a loss of 3.7% and 3.4
In afternoon trading on Friday, Energy stocks are the best performing sector, higher by 1.7%. Within that group, ONEOK Inc (Symbol: OKE) and Hess Corp (Symbol: HES) are two of the day's stand-outs, showing a gain of 5.5% and 5.4%, respectively. Among energy ETFs, one ETF fol
In a bid to better serve its customers amid the COVID-19 pandemic situation, Cigna Corp. CI is expanding its digital capabilities by providing real-time, personalized support.
Merck & Co., Inc. MRK announced positive data from several oncology studies, which will be presented in an oral abstract session of the virtual scientific program of the annual meeting of the American Society of Clinical Oncology (“ASCO”). The ASCO meeting is scheduled t
Enerpac Tool Group Corp. EPAC announced yesterday that it is opting for early redemption of its 5.625% senior notes and served notices for the same to the holders. These notes are due to mature in 2022.The redemption is expected to lower the company’s annual interest expenses
Lincoln National Corp. LNC is likely to suffer in the near term due to COVID-19-induced uncertainties but shall be able to overcome business difficulty owing to many initiatives undertaken to combat the adverse operating environment.In the Life business, the company is expected
II-VI (IIVI) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, gr
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.