Should You Buy, Sell, or Hold KB Home Before Q3 Earnings?
ZACKS· 2024-09-23 23:31
KB Home (KBH) is slated to report third-quarter fiscal 2024 results (ended Aug. 31) on Sept. 24, after the closing bell.In the last reported quarter, KB Home's earnings and revenues beat the Zacks Consensus Estimate by 20.8% and 4.3%, respectively. On a year-over-year basis, earnings increased 11% on 3.4% lower revenues.The company’s earnings topped analysts’ expectations in 31 of the trailing 34 quarters.How Are Estimates Placed for KBH?For the quarter to be reported, the Zacks Consensus Estimate for earni ...
Is the Options Market Predicting a Spike in BRC (BRCC) Stock?
ZACKS· 2024-09-23 23:31
Investors in BRC Inc. (BRCC) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct. 18, 2024 $1 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there ...
CGI selected as delivery partner for pioneering business transformation program by the Northern Ireland Courts and Tribunals Service
Prnewswire· 2024-09-23 23:26
Stock Market Symbols GIB (NYSE) GIB.A (TSX)www.cgi.com/newsroom20-year agreement supports Themis Program aim to modernize the justice system BELFAST, Northern Ireland, Sept. 23, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has been selected by the Department of Justice, Northern Ireland Courts and Tribunals Service (NICTS) as the delivery partner for its flagship business transformation program, Themis. The 20-year c ...
Here's Why You Should Add Wabtec Stock to Your Portfolio Now
ZACKS· 2024-09-23 23:25
Westinghouse Air Brake Technologies Corporation’s (WAB) , operating as Wabtec Corporation, top line is bolstered by its robust segmental performance. The shareholder-friendly approach bodes well for the company. Due to the tailwinds, WAB shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Let’s delve deeper.Factors Favoring WAB StockRobust Price Performance:  A look at the company’s price trend reveals that its shares have ...
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of DexCom
Prnewswire· 2024-09-23 23:25
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In DexCom To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 in DexCom between January 8, 2024 to July 25, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Sept. 23, 2024 /PRNewswire/ - ...
Biohaven Stock Spikes After Drug Candidate To Treat Rare Neurodegenerative Disease Shows Promise
Benzinga· 2024-09-23 23:22
Monday, Biohaven Ltd. BHVN released topline results from pivotal Study BHV4157-206-RWE demonstrating the efficacy of troriluzole on the mean change from baseline in the f-SARA after three years of treatment.The study achieved the primary endpoint and showed statistically significant improvements on the f-SARA at years 1 and 2.Spinocerebellar Ataxia (SCA) is a rare neurodegenerative disease. It affects approximately 15,000 people in the U.S. and 24,000 in Europe and the U.K.Also Read: Biohaven Stock Stumbles ...
Better Bull Market Buy: Lyft vs. Toast
The Motley Fool· 2024-09-23 23:21
Lyft and Toast look like top picks in this bull market. Find out which one is a better fit for your portfolio.As the bull market of 2024 gathers steam, investors are on the lookout for companies that can deliver robust growth or sustainable returns -- and preferably both. In this environment, both Lyft (LYFT -0.04%) and Toast (TOST -0.07%) look like solid buys.While Lyft aims to revolutionize transportation with ride-sharing innovations, Toast is disrupting the restaurant management sector with its comprehe ...
Here's Why Investors Should Retain Copa Holdings Stock for Now
ZACKS· 2024-09-23 23:20
Copa Holdings’ (CPA) top line benefits from the increased air-travel demand. The company’s proactive measures to expand its fleet are praiseworthy. However, CPA’s financial stability, challenged by escalated operating expenses, is hurting the company’s bottom line.Factors Favoring CPA StockCPA’s top line is bolstered by upbeat air-travel demand. To match this increased demand scenario, CPA has increased its capacity. In August, available seat miles (a measure of capacity) increased 8.2% year over year. Reve ...
Fed Members Make Their Voices Heard This Week
ZACKS· 2024-09-23 23:20
Monday, September 23rd, 2024This being the final full week of the month, on Friday morning we’ll get the latest Personal Consumption Expenditures (PCE) report, for August. This is the preferred metric for gauging inflation by the Fed, as Chair Jerome Powell has said many times. It will be the first of many reports under consideration before the Fed’s next meeting, in the days following this year’s General Election in the U.S.Pre-market futures had been giving back some of their gains made over last week, wh ...
MSCI Shares Up 7% in a Year: Should You Buy, Hold or Sell the Stock?
ZACKS· 2024-09-23 23:20
MSCI (MSCI) shares moved up 6.7% in the past year compared with the broader Zacks Computer and Technology sector’s return of 39.8% and the Zacks Business - Software Services sector’s rise of 29.2%.The underperformance is likely to have been caused by a tighter spending environment and longer sales cycles due to challenging macroeconomic conditions.Increasing pricing pressure is also a major concern, primarily due to the growing availability of free indices from providers like Morningstar (MORN) .As Mornings ...