Pinterest (NYSE:PINS) stock still looks very undervalued even though it has fallen 29.5% from a recent high close of $80.29 on July 6. This is based on the company’s recent earnings and the fact that it produced significant free cash flow (FCF). At a closing price of $56.59 on Sept. 3, PI
Equities analysts forecast that Cinemark Holdings, Inc. (NYSE:CNK) will post earnings per share (EPS) of ($0.60) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Cinemark’s earnings. The lowest EPS estimate is ($0.72) and the highest is ($0.46). Cinemark reported earnings per share of ($1.25) in the same quarter last year, which suggests a positive year-over-year growth rate of 52%. The company is expected to issue its next earnings results on Thursday, November 4th.
On average, analysts expect that Cinemark will report....More>>>
The U.S. economy is expected to strengthen next year, in part because of the government stimulus proposed at by President-elect Donald Trump, but job growth is likely to slow as the recovery approaches its eighth anniversary, according to a recent survey of economists.
The economy is projected to grow at a 2.3% annual rate in 2017, up from an estimated 1.6% this year, according to the average forecast of 53 economists surveyed earlier this month by Blue Chip Economic Indicators. Thats modestly above the tepid 2.1% average that has prevailed since the Great Recession ended in June 2009.
Our favorite pick in the gold mining space is attempting to recreate history.
Back in March, Money Morning Executive Editor Bill Patalon told readers about a unique gold mining company that is miles ahead of its competitors: Goldcorp Inc. (NYSE: GG)
“You should without a doubt not only own gold, but also own some gold miners. I believe Goldcorp is the best mining company to own right now,” he said. “Its past shows that it has the ability to innovate and come out stronger on the other side.”
You see, in March 2000, the company launched the “Goldcorp Challenge.”....More>>>
Zacks Investment Research upgraded shares of Fulton Financial (NASDAQ:FULT) from a hold rating to a buy rating in a report issued on Friday morning. The brokerage currently has $19.00 target price on the bank’s stock.
According to Zacks, “Fulton Financial Corp. is a bank holding company. It provides retail and commercial banking and investment management and trust services in central and eastern Pennsylvania, southern New Jersey, northern Maryland and southern Delaware through its wholly-owned subsidiaries: Fulton Bank, Lebanon Valley Farmers Bank, Swineford National Bank,....More>>>
Snap Inc. (NYSE: SNAP) is set to report its most recent quarterly results after the markets close on Tuesday. The consensus estimates call for a net loss of $0.08 per share and $375.82 million in revenue. The fourth quarter of last year reportedly had a net loss of $0.13 per share and $285.69 million in revenue.
Snap posted a 43% increase in revenue in the third quarter to $297 million. But all the other financial data from the company was ugly. Based on most metrics, Snap continues to die and management has no way to stop that. The anxiety around its fortunes had driven its share price....More>>>
More bull-market tomfoolery is in store for Support.com (NASDAQ:SPRT). The company has been around for over 20 years with a history of volatile revenues, low levels of profitability and losses. SPRT stock has languished in the $1 to $2 range for the last five years — at least until 2
You might think of Globalstar (NYSEAMERICAN:GSAT) as a satellite services business, but the company also specializes in commercial IoT, or Internet of things. Thus, GSAT stock offers exposure to more than one high-conviction niche market.
New York State Common Retirement Fund trimmed its holdings in RBC Bearings Incorporated (NASDAQ:ROLL) by 6.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,075 shares of the industrial product
OpenDoor Technologies (NASDAQ:OPEN) was founded to automate the back-end of housing retail. That’s a laudable goal. But OPEN stock is not content being the dealer in this market. Instead, the company has become a player, raising cash to buy houses on its own.
This past weekend was a good one for cinema operators, but not for the reasons one might expect. As a result, Cinemark Holdings (NYSE:CNK) was a popular stock Monday, rising to end the day 8.6% higher.
The weekend's box-office champion for the second time in a row w