Best Penny Stocks To Watch For 2019

After markets closed on Monday, rental car company Hertz Global Holdings Inc. (NYSE: HTZ) and real-estate firm Zillow Group Inc. (NASDAQ: Z) reported quarterly results. Before markets opened Tuesday morning Discovery Inc. (NASDAQ: DISCA) and Dish Network Corp. (NASDAQ: DISH) also released earnings reports. Here’s a quick look at the reports and the reactions to them.

Hertz revenue was up 5% year over year to $1.43 billion in the first quarter, and the adjusted net loss totaled $1.58 per share, down slightly from a loss of $1.61 in the same quarter last year. Analysts had forecast an adjusted net loss of $1.26 per share and revenues of $1.97.

The big miss on both revenues and earnings hit the stock hard. Shares traded down almost 8% in Tuesday’s premarket session to $20.40, after closing at $22.16 Monday. The 52-week trading range is $8.52 to $27.27 and the 12-month price target on the stock is $21.29.

Zillow reported revenues of $299.88 million for the first quarter and adjusted diluted earnings per share of $0.07. The totals beat earnings per share estimates by a penny and revenues by nearly $2 million. The company’s second-quarter revenue guidance of $322 million to $327 million fell way short of the consensus estimate of $343 million.

Best Penny Stocks To Watch For 2019: UFP Technologies Inc.(UFPT)

Advisors’ Opinion:

  • [By Logan Wallace]

    China XD Plastics (NASDAQ: CXDC) and UFP Technologies (NASDAQ:UFPT) are both small-cap basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, institutional ownership, earnings, risk and valuation.

  • [By Ethan Ryder]

    Media coverage about UFP Technologies (NASDAQ:UFPT) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UFP Technologies earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 47.0533500754779 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

  • [By Joseph Griffin]

    UFP Technologies (NASDAQ: UFPT) and China XD Plastics (NASDAQ:CXDC) are both small-cap industrial products companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, risk, profitability and earnings.

Best Penny Stocks To Watch For 2019: Tarena International, Inc.(TEDU)

Advisors’ Opinion:

  • [By Max Byerly]

    Tarena International Inc (NASDAQ:TEDU) has received an average rating of “Hold” from the ten analysts that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $16.21.

  • [By Logan Wallace]

    Tarena International (NASDAQ: TEDU) and Aspen Group (NASDAQ:ASPU) are both small-cap business services companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, profitability, risk, analyst recommendations, dividends, valuation and institutional ownership.

  • [By Dan Caplinger]

    Tuesday was a calm day on Wall Street, with several major benchmarks posting modest gains while others stayed closer to the unchanged mark. Market participants generally seemed ready to take a pause in trends over the past several days, as crude oil prices bounced back from their recent drop to climb above $65 per barrel while interest rates eased slightly lower. Yet despite a resilient market that largely avoided most downward pressure, some individual stocks weren’t as lucky. Carnival (NYSE:CCL) (NYSE:CUK), Tarena International (NASDAQ:TEDU), and Genesco (NYSE:GCO) were among the worst performers on the day. Here’s why they did so poorly.

  • [By Max Byerly]

    K12 (NYSE: LRN) and Tarena International (NASDAQ:TEDU) are both small-cap consumer discretionary companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, valuation, dividends, profitability, analyst recommendations, institutional ownership and risk.

  • [By Stephan Byrd]

    RYB Education (NYSE: RYB) and Tarena International (NASDAQ:TEDU) are both small-cap consumer discretionary companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, earnings, profitability, risk, analyst recommendations, valuation and dividends.

  • [By Steve Symington]

    Shares of Tarena International Inc. (ADR) (NASDAQ:TEDU) plummeted 22.1% on Tuesday after the China-based professional education services provider announced disappointing first-quarter 2018 results. 

Best Penny Stocks To Watch For 2019: Corcept Therapeutics Incorporated(CORT)

Advisors’ Opinion:

  • [By Maxx Chatsko]

    Shares of Corcept Therapeutics Inc. (NASDAQ:CORT) fell over 17% on Friday after the company announced second-quarter and first-half 2018 earnings results. The business reported significant growth in both revenue and net income thanks to strong market traction for its drug Korlym. Despite the growth, management decided to walk back its original full-year 2018 revenue guidance to a new range of $250 million to $270 million, down from the previous range of $275 million to $300 million. 

  • [By Maxx Chatsko]

    Shares of Corcept Therapeutics (NASDAQ:CORT) gained over 11% last month, according to data provided by S&P Global Market Intelligence. The double-digit rise might seem impressive, but it comes on the heels of a report by the Southern Investigative Reporting Foundation (SIRF) that painted the company and its main profit generator, Korlym, a drug approved to treat Cushing’s syndrome, in a negative light. That caused the stock to plunge in late January. As a result, shares have posted a year-to-date loss of 6% through the first week of March.

  • [By Jamie Dlugosch]

    For 2019, analysts expect Corcept Therapeutics Inc. (NASDAQ: CORT) to grow profits by 66%.

    Trading for 20 times earnings, Corcept is quite the bargain relative to expected growth.

  • [By Ethan Ryder]

    ValuEngine lowered shares of Corcept Therapeutics (NASDAQ:CORT) from a buy rating to a hold rating in a research note issued to investors on Friday.

  • [By Ethan Ryder]

    BidaskClub upgraded shares of Corcept Therapeutics (NASDAQ:CORT) from a sell rating to a hold rating in a research report report published on Monday morning.

  • [By Brian Feroldi, Anders Bylund, and Maxx Chatsko]

    So which growth stocks are worthy of an investment today? We asked three Motley Fool contributors to weigh in and they called out Corcept Therapeutics (NASDAQ:CORT), Tucows (NASDAQ:TCX), and New Relic (NYSE:NEWR). 

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