Zillow Poised To Reap Benefits of Lower Mortgage Rates, Wedbush Says
Investopedia· 2024-09-17 02:11
文章核心观点 - 摩根大通分析师认为,Zillow集团(Zillow Group)有望从美国房贷利率下降中获益[1] - Zillow集团股价自8月初新任CEO上任以来已上涨约50%[1] - 分析师看好Zillow集团的软件和服务(S&S)业务[2] 摩根大通分析师观点总结 - 美国30年期房贷利率从2024年4月的高点7.52%下降至6.03%[2] - Zillow集团的软件和服务(S&S)业务是潜在的增长动力[2] - 分析师预计Zillow集团的S&S工具使用将增加,因为经纪人希望降低人工成本[2] - 4位分析师中有2位给予"买入"评级,2位给予"持有"评级,平均目标价为57.50美元[2]
AXR Stock Flat Despite Q1 Earnings Surge, Improvement in Revenues
ZACKS· 2024-09-17 02:10
AMREP Corporation (AXR) delivered earnings per share of 76 cents for first-quarter fiscal 2025, indicating a 204% surge year over year.AMREP’s Revenues in DetailAMREP registered revenues of $19.1 million for first-quarter fiscal 2025, up 85.5% year over year.Solid revenues from its revenue sources boosted the top line.Shares of this company were flat in after-hours trading.AXR’s Segment DetailsAMREP derives revenues from three sources — Land sale revenues, Home sale revenues and Other revenues.For the fisca ...
3 Cybersecurity Stocks to Watch Amid Industry Buzz
Schaeffers Investment Research· 2024-09-17 02:06
CrowdStrike Holdings Inc (NASDAQ:CRWD) announced today it will expand its startup accelerator collaboration with Nvidia (NVDA) and Amazon.com's (AMZN) Web Services. The program is expected to widen U.S. cybersecurity companies' global reach by funding opportunities, mentorships, and partnerships. CRWD was last seen 3.7% higher to trade at $268.70 as it continues to bounce off a pullback to the $240 level. The shares just broke above former pressure at the 40-day moving average. And year over year, the equit ...
TPC Stock Surges 87% in 6 Months: Should You Buy Now or Wait?
ZACKS· 2024-09-17 02:06
Tutor Perini Corporation (TPC) , a diversified general contracting, construction management and design-build service provider, has surged 87.3%, outperforming the Zacks Building Products - Heavy Construction industry’s 25.3% growth, the Zacks Construction sector’s 8.9% increase and the S&P 500 Index’s 9.3% rise, in the past six months.Image Source: Zacks Investment ResearchTPC is benefiting from sold contract wins, especially for large mega construction projects given the limited market competition for such ...
AXS Stock Near 52-Week High: Should You Buy or Wait for a Pullback?
ZACKS· 2024-09-17 02:06
Shares of AXIS Capital Holdings (AXS) closed at $77.67 on Friday, near a 52-week high of $80.50. A compelling and diversified product portfolio, underwriting excellence, digital capabilities and solid capital position are driving the price higher.This leading specialty insurer and global reinsurer aiming leadership in specialty risks have been repositioning the portfolio, and its stronger book of businesses has less inherent volatility.Shares of the company have gained 40.3% year to date, outperforming the ...
Value Line's Q1 Earnings Increase Y/Y on EAM Growth
ZACKS· 2024-09-17 02:06
For the fiscal first quarter ended July 31, 2024, Value Line, Inc. (VALU) reported a net income of $5.9 million, translating to earnings per share (EPS) of 62 cents. This represents a 21.2% increase compared to the $4.9 million, or 52 cents per share, reported in the same quarter of the previous year. The company’s revenues, primarily driven by its non-voting revenues and non-voting profits interests in EAM (EULAV Asset Management), rose significantly. Revenues from these interests totaled $4.2 million, a 4 ...
ARAY Stock Up Following the Use of SGRT on Cancer Patients in Japan
ZACKS· 2024-09-17 02:06
Accuray Incorporated (ARAY) recently announced that Japan-based Gifu Prefectural General Medical Center became the first hospital in the country to treat patients with surface-guided radiation therapy (SGRT) using its Radixact Radiation Delivery System and VitalHold (ARAY’s joint solution in partnership with C-Rad) package. The technology is expected to play a crucial role in the hospital's plan to expand patient access to high-precision radiation therapy treatments.Per Accuray, high-resolution cameras cont ...
4 Retail Discount Stocks to Seize Opportunities Despite Industry Woes
ZACKS· 2024-09-17 02:01
The Retail – Discount Stores industry is transforming due to a combination of economic pressures and changing consumer behaviors. Inflation and higher interest rates have created a challenging environment, impacting consumer spending patterns and confidence. While discount retailers are often seen as beneficiaries during economic strain, they now face the need to swiftly adapt to maintain their competitive edge. Industry participants have been focusing on deepening engagements with consumers, adding more co ...
BMO Triumphs as US Court Voids $564M Verdict in Ponzi Scheme Case
ZACKS· 2024-09-17 02:01
Bank of Montreal (BMO) wins major legal victory in the Petters Ponzi scheme case. The company's U.S. subsidiary, BMO Bank National Association, was granted a verdict by the district court after the U.S. Court of Appeals for the Eighth Circuit overturned a previous jury verdict that had ordered one of its subsidiaries, Harris Bank, to pay $564 million. Background of BMO's Lawsuit The lawsuit concerns a Ponzi scam run by Thomas J. Petters and a few associated people and businesses (collectively, Petters), who ...
KEYS Boosts Security Standard Tests for V2X Solution: Stock to Gain?
ZACKS· 2024-09-17 02:01
Keysight Technologies, Inc. (KEYS) recently achieved a significant milestone by successfully testing and certifying Autotalks' vehicle-to-everything (V2X) communication solution in its device security research lab, Riscure Security Solutions, under the Common Criteria certification program. The testing approach involved a comprehensive evaluation of Autotalks' SECTON/CRATON2 embedded V2X Hardware Security Module (HSM), designed to ensure secure communication between devices in a V2X ecosystem by integrating ...