In recent trading, shares of Kinross Gold Corp. (Symbol: KGC) have crossed above the average analyst 12-month target price of $6.03, changing hands for $6.25/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
In recent trading, shares of EQT Corp (Symbol: EQT) have crossed above the average analyst 12-month target price of $11.81, changing hands for $12.43/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with CenturyLink Inc (Symbol: CTL). The average 12-month price target for CTL — averaging the work of 11 analysts — reveals an average price target of $11.71/share. Th
As of late, it has definitely been a great time to be an investor in GCI Liberty, Inc. GLIBA. The stock has moved higher by 20.6% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest tha
Akoustis Technologies, Inc. AKTS was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the st
Western Asset Mortgage Capital Corporation WMC was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—
Investors in Petroleo Brasileiro S.A.- Petrobras PBR need to pay close attention to the stock based on moves in the options market lately. That is because the May 15, 2020 $13.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatilit
Investors in New Gold Inc. NGD need to pay close attention to the stock based on moves in the options market lately. That is because the May 15, 2020$0.50Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility sho
March quarter earnings season, which is likely to be the strangest one ever, kicked off this morning, and while only a handful of companies reported results from JPMorgan Chase (JPM) and Johnson & Johson (JNJ) fared better than feared as they wrestle with the pandemic
Insperity, Inc. NSP yesterday announced changes to its Recruiting Services program as part of the company’s efforts to help small- and medium-sized businesses amid the coronavirus-induced tepid business scenario.
Ford’s F shares declined more than 5% during yesterday’s trading session, after the company issued a dire warning about first-quarter results amid the COVID-19 pandemic. The U.S. auto giant anticipates adjusted pretax loss of $600 million for the first quarter. The firm’s
Sabre Corporation’s SABR recently-released preliminary revenue data for first-quarter 2020 reflects the coronavirus outbreak’s brutal impact on its business. In an Apr 13 SEC filing, the company noted that its preliminary estimate for the quarter suggests revenues of $645-$6
Mettler-Toledo International, Inc. (MTD has withdrawn its earlier announced guidance for 2020 on account of the coronavirus outbreak. It has also modified its guidance for the first quarter.
We issued an updated research report on FMC Corporation FMC on Apr 13.The company is benefiting from strong demand for its herbicides and insecticides and its efforts to expand product portfolio amid certain headwinds including raw material cost inflation.The company’s shares
Navistar International Corporation NAV recently announced the implementation of a number of actions to boost the firm’s cash position in a bid to sail through the coronavirus crisis.
We issued an updated research report on Albemarle Corporation ALB on Apr 13.The company is poised to gain from strong long-term growth in the battery-grade lithium market and its actions to expand capacity amid headwind from global lithium pricing weakness.Shares of Albemarle ar