US equity futures waver ahead of the release of the delayed January payrolls report. Shares of European wealth managers slump on AI disruption fears following a selloff in its US peers. Israeli Prime Minister Benjamin Netanyahu is set to meet with President Trump at the White House to discuss Iran. Jennifer McKeown of Capital Economics looks ahead to the jobs data. (Source: Bloomberg)
US equity futures waver ahead of the release of the delayed January payrolls report. Shares of European wealth managers slump on AI disruption fears following a selloff in its US peers. Israeli Prime Minister Benjamin Netanyahu is set to meet with President Trump at the White House to discuss Iran. Jennifer McKeown of Capital Economics looks ahead to the jobs data. (Source: Bloomberg)
Key Points Micron Technology and Western Digital have both posted massive returns over the past year. There are several reasons why both of these stocks should continue to generate strong returns over the long haul. Both of these stocks are surprisingly undervalued relative to other AI juggernauts. 10 stocks we like better than Western Digital › Every year, some stocks break out with massive retur...
Key Points Micron Technology and Western Digital have both posted massive returns over the past year. There are several reasons why both of these stocks should continue to generate strong returns over the long haul. Both of these stocks are surprisingly undervalued relative to other AI juggernauts. 10 stocks we like better than Western Digital › Every year, some stocks break out with massive returns, but the ones that truly become stars are those that can sustain those gains over the long haul. In 2025, two of the most notable breakout stocks were Western Digital(NASDAQ: WDC) and Micron Technology(NASDAQ: MU) -- digital memory specialists that saw demand for their wares propelled higher by surging investments in artificial intelligence (AI) infrastructure. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Over the past 12 months, Western Digital has risen a whopping 465%, including a 60% return already this year. Micron stock has gained 313% over the past year, including a 35% increase year to date. Yet even after these massive gains, both stocks remain strong long-term buys. Why these breakout stars will continue to shine There are some common threads that should make Western Digital and Micron stocks long-term growers. First, both of these companies are dominant players in their respective parts of the tech industry, and they are recipients of surging demand due to the AI infrastructure buildout. Micron makes high-bandwidth memory chips for AI data centers, and it's one of three major players in that market. The memory chip industry is in a supercycle -- an extended boom cycle -- with demand outpacing supply because the AI data center infrastructure buildout requires an abundance of these types of chips. Micron already has sales agreements in place for all of the chips it will be able to manufacture and deliver in 2026. Western Digital, which mak...
Martin Marietta Materials press release ( MLM ): Q4 GAAP EPS of $3.85 misses by $1.13 . Revenue of $1.53B (+8.5% Y/Y) misses by $150M . Fourth-quarter aggregates shipments increased 2.0 percent to 48.9 million tons, reflecting strong infrastructure and nonresidential construction activity, favorable weather across the Company's footprint, and contributions from acquisitions. Average selling price ...
Martin Marietta Materials press release ( MLM ): Q4 GAAP EPS of $3.85 misses by $1.13 . Revenue of $1.53B (+8.5% Y/Y) misses by $150M . Fourth-quarter aggregates shipments increased 2.0 percent to 48.9 million tons, reflecting strong infrastructure and nonresidential construction activity, favorable weather across the Company's footprint, and contributions from acquisitions. Average selling price (ASP) increased 5.3 percent to $23.11 per ton. FY26 revenue consensus of $7.41B 2026 GUIDANCE (Dollars in Millions) Low * High * Midpoint * Revenues $ 6,420 $ 6,780 $ 6,600 Interest expense, net of interest income $ 200 $ 210 $ 205 Estimated tax rate (excluding discrete events) 20.0 % 21.0 % 20.5 % Net earnings from continuing operations attributable to Martin Marietta $ 1,043 $ 1,158 $ 1,100 Consolidated net earnings attributable to Martin Marietta 1 $ 1,243 $ 1,358 $ 1,300 Adjusted EBITDA from continuing operations 2 $ 2,160 $ 2,310 $ 2,235 Consolidated Adjusted EBITDA 2 $ 2,410 $ 2,560 $ 2,485 Capital expenditures $ 550 $ 600 $ 575 Building Materials Business Aggregates Volume % growth 3 1.0 % 3.0 % 2.0 % ASP % growth 4 4.0 % 6.0 % 5.0 % Gross profit $ 1,810 $ 1,900 $ 1,855 Other Building Materials Gross profit $ 80 $ 110 $ 95 Specialties Business Gross profit $ 150 $ 170 $ 160 Click to enlarge Shares +1.2% PM. More on Martin Marietta Materials Martin Marietta Materials: Residential Recovery And Margin Expansion Drive Next Leg Of Growth Martin Marietta Is Still Too Richly Valued Going Into 2026E Martin Marietta Materials Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Martin Marietta Materials Historical earnings data for Martin Marietta Materials
Photo: VCG Cathay Cargo has expanded its air freight capacity into Southeast Asia to keep up with a manufacturing shift toward the region, a senior executive said, as changing trade routes and tariff policy uncertainty reshape global logistics. During a recent group interview, James Evans, General Manager Commercial at Cathay Cargo, identified Southeast Asia as a primary engine of the company’s gr...
Photo: VCG Cathay Cargo has expanded its air freight capacity into Southeast Asia to keep up with a manufacturing shift toward the region, a senior executive said, as changing trade routes and tariff policy uncertainty reshape global logistics. During a recent group interview, James Evans, General Manager Commercial at Cathay Cargo, identified Southeast Asia as a primary engine of the company’s growth, saying that the combined Southeast Asia and Oceania market has become the carrier’s third-largest market by revenue after Hong Kong and the Chinese mainland.
Ryder press release ( R ): Q4 Non-GAAP EPS of $3.59 beats by $0.02 . Revenue of $3.2B (flat Y/Y) misses by $10M . Full Year 2026 Outlook ROE (non-GAAP) of 17% - 18% Comparable EPS (non-GAAP) of $13.45 - $14.45 Operating revenue (non-GAAP) increase of 3%, primarily driven by SCS Net cash provided by operating activities from continuing operations of $2.7 billion and free cash flow (non-GAAP) of $70...
Ryder press release ( R ): Q4 Non-GAAP EPS of $3.59 beats by $0.02 . Revenue of $3.2B (flat Y/Y) misses by $10M . Full Year 2026 Outlook ROE (non-GAAP) of 17% - 18% Comparable EPS (non-GAAP) of $13.45 - $14.45 Operating revenue (non-GAAP) increase of 3%, primarily driven by SCS Net cash provided by operating activities from continuing operations of $2.7 billion and free cash flow (non-GAAP) of $700 million - $800 million More on Ryder Ryder System Business Improvement Is Hard To Disentangle From Liability Mismatch And Depreciation Lags Ryder System: Cheap Valuation With A Better Earnings Profile Vs. The Previous Peak Ryder System, Inc. (R) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript Ryder Q4 2025 Earnings Preview Ryder System buys Truck Service Depot
"As I've grown, my career has grown, and the want to explore other parts of the industry and other parts of our business and other parts of storytelling has always kind of been there," he explained to the BBC.
"As I've grown, my career has grown, and the want to explore other parts of the industry and other parts of our business and other parts of storytelling has always kind of been there," he explained to the BBC.
The day after French billionaire Bernard Arnault vowed to raise his stake in luxury conglomerate LVMH to majority ownership, he hunkered down and started buying. Europe’s richest individual purchased roughly €100 million of stock on Jan. 28, according to a Paris stock market filing. That came just after Arnault had unveiled 2025 results that disappointed investors and he delivered a downbeat outlo...
The day after French billionaire Bernard Arnault vowed to raise his stake in luxury conglomerate LVMH to majority ownership, he hunkered down and started buying. Europe’s richest individual purchased roughly €100 million of stock on Jan. 28, according to a Paris stock market filing. That came just after Arnault had unveiled 2025 results that disappointed investors and he delivered a downbeat outlook, hitting the share price and handing him his biggest single-day personal wealth loss in dollars of $15 billion. Filings show he’s kept up the pace through holding companies, bringing total purchases through Feb. 4 to some 757,000 shares, worth about €407 million. The latest spree follows a more sustained run of buying over eight months last year when Arnault also bought the dip. Unlike last year’s purchases, Arnault telegraphed his intent this time around, saying he wasn’t sure it would “please observers,” amid the strong headwinds buffeting the luxury industry and wish to own more than 50% of the world’s biggest high-end goods conglomerate that he built up over decades. “Our family group has about 50% of LVMH’s capital and since now we’re at the start of a new year, we’re entitled to acquire a bit more,” he said during the Jan. 27 earnings presentation. “This year we’ll cross the 50% threshold. So we’ll own over 50% of the share capital. So we believe in what we do, and we’re showing it in that way.” A representative for the Arnault family didn’t immediately respond to queries about the latest stock purchases. Read more: Arnault Tightens His LVMH Control With $1.6 Billion Buying Spree Arnault has long sought to tighten his control over LVMH , a company he’s headed since 1989 and expanded largely through acquisitions into Europe’s second-biggest firm, with a market value of about €268 billion. The 76-year-old engineer-by-training has also expanded his ownership strategy at the brand level, saying last month that LVMH spent €1 billion to raise its stake in upmarket cashme...
watch now VIDEO 5:35 05:35 Tariffs do not cause inflation, says Treasury Secretary Scott Bessent Squawk on the Street New analysis of U.S. Census data shows that states across the U.S. where key midterm elections will take place this year paid over $134 billion in tariffs in the period since President Donald Trump began implementing widespread trade duties in March 2025 through last November. In a...
watch now VIDEO 5:35 05:35 Tariffs do not cause inflation, says Treasury Secretary Scott Bessent Squawk on the Street New analysis of U.S. Census data shows that states across the U.S. where key midterm elections will take place this year paid over $134 billion in tariffs in the period since President Donald Trump began implementing widespread trade duties in March 2025 through last November. In all, the U.S. Census data compiled by Trade Partnership Worldwide showed a total of $199 billion in tariffs paid by states during that time period. Trump has called affordability a "Democratic hoax," and in recent testimony before Congress, Treasury Secretary Scott Bessent said the tariffs " do not cause inflation." But Trump's tariffs and affordability are expected to be factors in the upcoming midterm election cycle. Recent CNBC survey data from the American consumer and pricing data show that the affordability issues are real and many voters have soured on the economy. A January poll from The New York Times and Siena University found that 54% of voters oppose Trump's tariffs. "Americans struggling with affordability rightly blame tariffs for higher prices on many everyday purchases," said Dan Anthony, executive director of the We Pay the Tariffs small business coalition and president of Trade Partnership Worldwide. "The president could eliminate tens of billions in taxes in the states that will determine the 2026 elections. He just doesn't want to," Anthony said. Anthony said his coalition is highlighting the new data to counter rhetoric about tariffs being "paid by other companies" and being "paid to Americans" and to "educate the public about how tariffs actually work and who pays the price for them: American small businesses, workers, and consumers." Top states and tariff bills California: $38 billion Texas: $21 billion Michigan: $13 billion Georgia: $12 billion Illinois: $9.6 billion Ohio: $6.5 billion Pennsylvania: $6.3 billion North Carolina: $5 billion South Caroli...
Chimera Investment ( CIM ) declares $0.45/share quarterly dividend , 21.6% increase from prior dividend of $0.37. Forward yield 14.63% Payable April 30; for shareholders of record March 31; ex-div March 31. See CIM Dividend Scorecard, Yield Chart, & Dividend Growth. More on Chimera Investment Chimera Investment Corporation: We Play Defense With The Bonds And Still Get Paid Close To 9% Chimera Inve...
Chimera Investment ( CIM ) declares $0.45/share quarterly dividend , 21.6% increase from prior dividend of $0.37. Forward yield 14.63% Payable April 30; for shareholders of record March 31; ex-div March 31. See CIM Dividend Scorecard, Yield Chart, & Dividend Growth. More on Chimera Investment Chimera Investment Corporation: We Play Defense With The Bonds And Still Get Paid Close To 9% Chimera Investment Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Chimera Investment Historical earnings data for Chimera Investment Dividend scorecard for Chimera Investment
Chimera Investment press release ( CIM ): Q4 Non-GAAP EPS of $0.53 beats by $0.03 . Revenue of $72.01M. GAAP BV of $19.70/share at Dec. 31, 2025. and Economic return of (0.9)% for qtr ended 31st Dec. 2025. More on Chimera Investment Chimera Investment Corporation: We Play Defense With The Bonds And Still Get Paid Close To 9% Chimera Investment Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating ...
Chimera Investment press release ( CIM ): Q4 Non-GAAP EPS of $0.53 beats by $0.03 . Revenue of $72.01M. GAAP BV of $19.70/share at Dec. 31, 2025. and Economic return of (0.9)% for qtr ended 31st Dec. 2025. More on Chimera Investment Chimera Investment Corporation: We Play Defense With The Bonds And Still Get Paid Close To 9% Chimera Investment Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Chimera Investment Historical earnings data for Chimera Investment Dividend scorecard for Chimera Investment
primeimages/E+ via Getty Images Pockets of Mid Cap Persevere Despite Pressure Market Overview Mid cap equities were flat to slightly positive in the fourth quarter, with the Russell Midcap Index returning 0.16%. Market performance was shaped less by macroeconomic shocks and more by an increasingly narrow set of investor preferences, particularly late in the quarter, as momentum faded in several gr...
primeimages/E+ via Getty Images Pockets of Mid Cap Persevere Despite Pressure Market Overview Mid cap equities were flat to slightly positive in the fourth quarter, with the Russell Midcap Index returning 0.16%. Market performance was shaped less by macroeconomic shocks and more by an increasingly narrow set of investor preferences, particularly late in the quarter, as momentum faded in several growth-oriented areas that had driven returns earlier in the year. Earnings reactions became more uneven, with stocks often moving sharply irrespective of underlying execution, reinforcing a market dynamic where sentiment and positioning frequently outweighed fundamentals. While certain cyclical and industrial recovery narratives stalled, dispersion beneath the surface of index-level results remained elevated, underscoring both the challenges and opportunities for active, company-specific investing. Looking at 2025, markets were defined by sharp rotations, episodic volatility and an unusually concentrated focus on a narrow set of growth themes. For much of the year, if performance was not tied to artificial intelligence or its immediate beneficiaries, investor attention was limited, regardless of underlying fundamentals. Early optimism gave way to tariff-related uncertainty and policy concerns in the first quarter, followed by a sharp rebound in the second quarter as trade tensions eased and rate expectations moderated. The third quarter brought renewed confidence as policy uncertainty declined and corporate activity began to normalize, before the fourth quarter saw renewed selectivity and a pause in momentum-driven trades. Against this backdrop, mid cap equities lagged both small and large caps for the year, even as fundamentals across many mid cap businesses quietly improved. The ClearBridge Mid Cap Strategy underperformed its benchmark for the quarter as broad-based market headwinds and uneven earnings reactions weighed on results, despite solid execution and improving fun...
In recent trading, shares of Quest Diagnostics, Inc. (Symbol: DGX) have crossed above the average analyst 12-month target price of $188.71, changing hands for $188.99/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental b...
In recent trading, shares of Quest Diagnostics, Inc. (Symbol: DGX) have crossed above the average analyst 12-month target price of $188.71, changing hands for $188.99/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 17 different analyst targets within the Zacks coverage universe contributing to that average for Quest Diagnostics, Inc., but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $178.00. And then on the other side of the spectrum one analyst has a target as high as $200.00. The standard deviation is $6.488. But the whole reason to look at the average DGX price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DGX crossing above that average target price of $188.71/share, investors in DGX have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $188.71 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Quest Diagnostics, Inc.: Recent DGX Analyst Ratings Breakdown » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 9 9 9 9 Buy ratings: 0 0 0 0 Hold ratings: 9 9 9 9 Sell ratings: 0 0 0 0 Strong sell ratings: 0 0 0 0 Average rating: 2.0 2.0 2.0 2.0 The average rating pr...
Achieved Fourth-Quarter and Full-Year Records for Aggregates Revenues, Gross Profit and Margin Double-Digit Improvement in Full-Year Aggregates Unit Profitability Specialties Business Delivers Record Fourth-Quarter and Full-Year Revenues and Gross Profit Company Provides 2026 Guidance RALEIGH, N.C., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or...
Achieved Fourth-Quarter and Full-Year Records for Aggregates Revenues, Gross Profit and Margin Double-Digit Improvement in Full-Year Aggregates Unit Profitability Specialties Business Delivers Record Fourth-Quarter and Full-Year Revenues and Gross Profit Company Provides 2026 Guidance RALEIGH, N.C., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”), a leading national supplier of aggregates and heavy building materials, today reported results for the fourth quarter and year ended December 31, 2025. Fourth-Quarter and Full-Year Highlights (Financial highlights are for continuing operations, unless otherwise noted) Quarter Ended December 31, Year Ended December 31, (in millions, unless otherwise noted) 2025 2024 % Change 2025 2024 % Change Revenues2 $ 1,534 $ 1,412 9 % $ 6,150 $ 5,662 9 % Gross profit3 $ 468 $ 424 10 % $ 1,889 $ 1,636 16 % Earnings from operations4 $ 341 $ 339 1 % $ 1,437 $ 2,479 (42 )% Net earnings from continuing operations attributable to Martin Marietta5 $ 233 $ 248 (6 )% $ 990 $ 1,815 (45 )% Consolidated net earnings attributable to Martin Marietta $ 279 $ 294 (5 )% $ 1,137 $ 1,995 (43 )% Adjusted EBITDA from continuing operations1 $ 515 $ 467 10 % $ 2,065 $ 1,771 17 % Consolidated Adjusted EBITDA1 $ 577 $ 545 6 % $ 2,302 $ 2,066 11 % Earnings per diluted share from continuing operations6 $ 3.85 $ 4.03 (4 )% $ 16.34 $ 29.50 (45 )% Earnings per diluted share from discontinued operations $ 0.77 $ 0.76 1 % $ 2.43 $ 2.91 (16 )% Total earnings per diluted share $ 4.62 $ 4.79 (4 )% $ 18.77 $ 32.41 (42 )% Aggregates product line: Shipments (tons) 48.9 47.9 2 % 198.5 191.1 4 % Average selling price per ton $ 23.11 $ 21.95 5 % $ 23.30 $ 21.80 7 % Revenues $ 1,225 $ 1,137 8 % $ 5,004 $ 4,514 11 % Gross Profit3 $ 420 $ 379 11 % $ 1,677 $ 1,449 16 % Gross profit per ton3 $ 8.59 $ 7.92 9 % $ 8.45 $ 7.58 12 % 1. Non-GAAP financial measure; see pages 15 and 16 for reconciliation to nearest GAAP fi...
"Special Security Reasons": FAA Abruptly Halts All Flight Operations Above U.S. Border Town El Paso The Federal Aviation Administration issued a Notice to Airmen (NOTAM) late Tuesday, closing the airspace above the U.S. border town of El Paso and a large area of southern New Mexico west of Santa Teresa for 10 days. The notice suspends all commercial, cargo, and general aviation flights in the affe...
"Special Security Reasons": FAA Abruptly Halts All Flight Operations Above U.S. Border Town El Paso The Federal Aviation Administration issued a Notice to Airmen (NOTAM) late Tuesday, closing the airspace above the U.S. border town of El Paso and a large area of southern New Mexico west of Santa Teresa for 10 days. The notice suspends all commercial, cargo, and general aviation flights in the affected area. The FAA has issued a NOTAM halting all flight operations at El Paso International Airport (ELP/KELP) for 10 days. The reason given is “Temporary flight restrictions for special security reasons.” pic.twitter.com/H7NWZ3KnBp — Flightradar24 (@flightradar24) February 11, 2026 The reason for the NOTAM is listed on the FAA website as " Special Security Reasons ." No further explanation was provided, but given that El Paso sits on the U.S. border with Mexico and the Trump administration is targeting drug cartels across the Western Hemisphere, the closure could be tied to a new perceived threat - or impending US military operation. The NOTAM took effect at 11:30 p.m. Mountain Time Tuesday, and expires at 11:30 p.m. Feb. 20, or next Friday. The El Paso city government issued an advisory earlier that read, "The FAA, on short notice, issued a temporary flight restriction halting all flights to and from El Paso and our neighboring community, Santa Teresa, NM. The restriction prohibits all aircraft operations (including commercial, cargo and general aviation) and is effective from February 10 at 11:30 PM (MST) to February 20 at 11:30PM (MST)." Local newspaper El Paso Matters points out: Closing off airspace over a major U.S. city is a rare action, and officials with the Federal Aviation Administration didn't immediately respond to questions from El Paso Matters on the reasons for the action. A person familiar with the notices, who asked not to be identified because they weren't authorized to speak publicly, said the action to close airspace over a major U.S. city for securit...
Rockland Trust Co. boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 237.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,491 shares of the semiconductor manufacturer's stock after acquiring an additional 4,566 shares during the quarter. Rockland Trust Co.'s holdings in Adv...
Rockland Trust Co. boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 237.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,491 shares of the semiconductor manufacturer's stock after acquiring an additional 4,566 shares during the quarter. Rockland Trust Co.'s holdings in Advanced Micro Devices were worth $1,050,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Norges Bank bought a new stake in Advanced Micro Devices in the second quarter worth $3,094,662,000. Jennison Associates LLC bought a new position in Advanced Micro Devices during the third quarter valued at $626,826,000. Nordea Investment Management AB raised its stake in shares of Advanced Micro Devices by 203.7% in the third quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer's stock valued at $631,892,000 after acquiring an additional 2,619,294 shares during the period. Rafferty Asset Management LLC lifted its holdings in shares of Advanced Micro Devices by 56.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer's stock worth $961,078,000 after acquiring an additional 2,430,533 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Advanced Micro Devices by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer's stock worth $21,944,673,000 after acquiring an additional 2,281,508 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors. Get Advanced Micro Devices alerts: Sign Up Analyst Ratings Changes Several brokerages recently commented on AMD. Rosenblatt Securities reiterated a "buy" rating and set a $300.00 price ...
In recent trading, shares of Newmont Corp (Symbol: NEM) have crossed above the average analyst 12-month target price of $73.27, changing hands for $74.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business devel...
In recent trading, shares of Newmont Corp (Symbol: NEM) have crossed above the average analyst 12-month target price of $73.27, changing hands for $74.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 19 different analyst targets within the Zacks coverage universe contributing to that average for Newmont Corp, but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $62.90. And then on the other side of the spectrum one analyst has a target as high as $87.00. The standard deviation is $6.674. But the whole reason to look at the average NEM price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with NEM crossing above that average target price of $73.27/share, investors in NEM have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $73.27 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Newmont Corp: Recent NEM Analyst Ratings Breakdown » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 14 13 12 12 Buy ratings: 1 1 1 1 Hold ratings: 6 6 6 6 Sell ratings: 1 1 1 1 Strong sell ratings: 0 0 0 0 Average rating: 1.73 1.76 1.8 1.8 The average rating presented in the last row of the ab...
In recent trading, shares of Masco Corp. (Symbol: MAS) have crossed above the average analyst 12-month target price of $59.75, changing hands for $60.06/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business develo...
In recent trading, shares of Masco Corp. (Symbol: MAS) have crossed above the average analyst 12-month target price of $59.75, changing hands for $60.06/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 12 different analyst targets within the Zacks coverage universe contributing to that average for Masco Corp., but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $48.00. And then on the other side of the spectrum one analyst has a target as high as $76.00. The standard deviation is $6.903. But the whole reason to look at the average MAS price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with MAS crossing above that average target price of $59.75/share, investors in MAS have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $59.75 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Masco Corp.: Recent MAS Analyst Ratings Breakdown » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 7 7 7 6 Buy ratings: 1 1 1 1 Hold ratings: 4 4 4 5 Sell ratings: 1 1 1 1 Strong sell ratings: 0 0 0 0 Average rating: 1.92 1.92 1.92 2.08 The average rating presented in the last row of the above t...