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Here's Why You Should Retain PDCO Stock in Your Portfolio for Now
2024 Sep 10, 12:50pm | 1083Patterson Companies, Inc. (NASDAQ: PDCO) is well poised for growth in the coming quarters, courtesy of its broad product line. The optimism, led by a strong performance of certain business segments during first-quarter fiscal 2024 and a few notable acquisitions, is expected to contribute further....
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Will Trinity Biotech Stock Gain From Its Latest Patent Process?
2024 Sep 10, 11:59am | 925Trinity Biotech plc (NASDAQ: TRIB) recently provided an update on its continued development of its glucose biosensor technology. Earlier this year, the company was granted a European patent for a novel method that enhances the performance of its glucose biosensor. Recent testing of this...
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Virco's Q2 Earnings Beat Estimates, Revenues Miss, Stock Falls
2024 Sep 10, 10:49am | 836Virco Manufacturing Corporation (NASDAQ: VIRC) reported mixed second-quarter fiscal 2024 (ended July 31, 2024) results, wherein earnings surpassed the Zacks Consensus Estimate but sales missed the same. Following the results, the company's shares lost 9.3% on Sept. 09. On a year-over-year basis...
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Oracle Analysts Focus On AI-Driven Bookings Strength, Expect Revenue Acceleration To Continue
2024 Sep 10, 9:54am | 882Shares of Oracle Corp (NYSE:ORCL) climbed in early trading on Tuesday, after the company reported upbeat fiscal first-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. JMP Securities analyst Patrick Walravens upgraded the...
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Rocket Stock Down More Than 30% in Past Six Months: Here's Why
2024 Sep 09, 2:47pm | 633Shares of Rocket Pharmaceuticals (NASDAQ: RCKT) have plunged 32.9% in the past six months compared with the industry's decline of 3.4%. The company is developing its gene therapy candidate, Kresladi (marnetegragene autotemcel) to treat patients with severe leukocyte adhesion deficiency-I (LAD-I...
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Virco Manufacturing Corporation Surpasses Q2 Earnings Estimates
2024 Sep 09, 1:26pm | 641Virco Manufacturing Corporation (NASDAQ: VIRC) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an...
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IMVT Stock Up on Upbeat Data From Graves' Disease Study of Batoclimab
2024 Sep 09, 1:08pm | 912Shares of Immunovant (NASDAQ: IMVT) are rising in the pre-market hours on Sept. 9 after the company announced positive data from the mid-stage study of its investigational candidate, batoclimab, which is being developed for Graves' Disease. IMVT's Batoclimab Shows Superior Efficacy in GD...
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SAP Stock Surges 37% Year to Date: Will the Rally Continue?
2024 Sep 09, 12:38pm | 1000SAP SE's (NYSE: SAP) stock is continuing its upward trajectory, with a gain of 36.7% in the year to date compared with 13.3% and 6.2% growth of the S&P 500 composite and the sub-industry, respectively. The company is currently trading at a nearly 4.5% discount to its 52-week high of $221.24...
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FDA Accepts AXSM's NDA Resubmission for Migraine Drug, Stock Up
2024 Sep 06, 1:55pm | 618Axsome Therapeutics, Inc. (NASDAQ: AXSM) announced that the FDA has accepted its resubmitted new drug application (NDA) seeking approval for AXS-07 for the acute treatment of migraine. A final decision from the regulatory body is expected on Jan. 31, 2025. The FDA has designated the NDA...
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Quanex Building Products Q3 Earnings and Revenues Beat Estimates
2024 Sep 06, 12:43pm | 638Quanex Building Products (NYSE: NX) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings...
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Broadcom Inc. Q3 Earnings and Revenues Surpass Estimates
2024 Sep 06, 12:42pm | 643Broadcom Inc. (NASDAQ: AVGO) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings...
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PPG Industries to Exhibit Digital & Sustainable Solutions in Frankfurt
2024 Sep 06, 12:41pm | 667PPG Industries Inc. (NYSE: PPG) has announced that it will demonstrate its digital and sustainable solutions at Automechanika Frankfurt 2024, the world's premier trade fair for the automotive aftermarket, which will be held at the Messe Frankfurt exhibition center in Germany from Sept. 10...
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Here's Why You Should Hold Onto Eastman Chemical Stock for Now
2024 Sep 06, 12:33pm | 726Eastman Chemical Company (NYSE: EMN) is benefiting from cost-cutting and productivity actions as well as its innovation-driven growth model amid challenges from soft demand in certain markets. Shares of EMN are up 22.1% over the past year compared with a 7.4% decline of its industry. Image Source...
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Docusign Reports Beat-And-Raise Quarter, But These Analysts Have Some Concerns
2024 Sep 06, 10:42am | 683Shares of Docusign Inc (NASDAQ:DOCU) were climbing over 3.2% in early trading on Friday, after the company reported upbeat second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets analyst Rishi Jaluria...
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UiPath Q2 Results Reflect Restructuring Benefits, Analysts Praise 'Laser-Focus' On AI
2024 Sep 06, 10:07am | 740Shares of UiPath Inc (NYSE:PATH) are down Friday despite the company’s reporting in-line fiscal second-quarter results. Here are some key analyst takeaways: BMO Capital Markets analyst Keith Bachman maintained a Market Perform rating, while raising the price target from $14 to $15. DA...
Coverage of Earnings Beats.