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2 hours ago
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Why Allegion Stock Soared on Thursday
Key Points Allegion beat on both the top and bottom lines for the period. Its also raised its full-year guidance for 2025. 10 stocks we like better than Allegion › Security products specialist Allegion (NYSE: ALLE) was popular with investors on Thursday, following its release of an encouraging quarterly earnings report. The document pleased investors, as they bid the company's stock up by more than 6% on the day. This compared rather favorably to the benchmark S&P 500 (SNPINDEX: ^GSPC), which essentially flatlined across the trading session. Encouraging growth in key fundamentals Well before Thursday's market open, Ireland-based Allegion unveiled its second-quarter results. These showed that the company managed to boost revenue by nearly 6% year over year to slightly over $1.02 billion. On an organic basis -- i.e., excluding the impact of divestitures and acquisitions, plus foreign currency movements -- the top line also increased, by a little over 3%. Meanwhile, non-GAAP (generally accepted accounting principles) adjusted net income also saw improvement, rising by 4% to nearly $177 million, or $2.04 per share. That meant a double beat for Allegion, as analysts tracking the company were collectively estimating it would post $1 billion in revenue, and a per-share adjusted net earnings figure of $1.99. In its earnings release, Allegion flagged the North American nonresidential market as a particular growth driver. It said this business rose at a high-single-digit percentage rate, while price adjustments were a crucial factor in a 50-basis-point improvement in adjusted operating margin (to a shade under 30%). Guidance gets a boost Compounding the good news about the rising fundamentals, Allegion raised its guidance for both revenue and profitability for full-year 2025. It now believes its top line will increase by 6.5% to 7.5% compared to 2024, while adjusted earnings per share should land at $8.00 to $8.15. The average analyst projection for the latter number is only $7.85. Should you buy stock in Allegion right now? Before you buy stock in Allegion, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Allegion wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Allegion Stock Soared on Thursday was originally published by The Motley Fool
Yahoo
2 hours ago
- Yahoo
Newmont (NEM) Announces New Buyback Program of Up to US$3 Billion
Newmont has announced a new $3 billion share repurchase program, which, along with a declared dividend and recent earnings, aligns with its shareholder value initiatives. The company's share price increased 14% over the last quarter, a period marked by significant market gains, as the S&P 500 and Nasdaq reached new highs. This rise could have been supported by Newmont's share buyback efforts, positive earnings release, and a robust gold price, which elevated their revenue. Additionally, the appointment of a new interim CFO may have stabilized investor confidence amidst broader favorable economic conditions. We've discovered 1 warning sign for Newmont that you should be aware of before investing here. Uncover the next big thing with financially sound penny stocks that balance risk and reward. Newmont's recent announcement of a US$3 billion share repurchase program aligns directly with its shareholder value initiatives, which may bolster investor confidence. The company's focus on capital returns, complemented by a stable dividend and favorable economic conditions, positions it to enhance total shareholder returns. Over the past three years, Newmont achieved a total shareholder return of 48.38%, reflecting the impact of gold prices and successful project executions. Compared to the one-year performance, where Newmont outperformed both the S&P 500 and the US Metals and Mining industry, this longer-term return underscores its capacity to generate sustained value. The introduction of a share buyback plan could be interpreted as a signal of robust future earnings, possibly leading analysts to adjust their forecasts for revenue and earnings growth. Newmont's share price, currently at US$61.51, still shows potential for upward movement towards the consensus analyst price target of US$68.40, reflecting a discount of approximately 11.21%. continued revenue growth and improved earnings are likely to be supported by the ongoing optimization efforts and favorable gold price trends. Click here to discover the nuances of Newmont with our detailed analytical financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NEM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
2 hours ago
- Yahoo
Pilgrim's Pride (PPC) Outperforms Broader Market: What You Need to Know
In the latest close session, Pilgrim's Pride (PPC) was up +1.09% at $47.81. The stock's performance was ahead of the S&P 500's daily gain of 0.4%. On the other hand, the Dow registered a gain of 0.47%, and the technology-centric Nasdaq increased by 0.24%. Prior to today's trading, shares of the poultry producer had gained 6.15% outpaced the Consumer Staples sector's loss of 0.48% and the S&P 500's gain of 4.61%. The upcoming earnings release of Pilgrim's Pride will be of great interest to investors. The company's earnings report is expected on July 30, 2025. The company is expected to report EPS of $1.54, down 7.78% from the prior-year quarter. PPC's full-year Zacks Consensus Estimates are calling for earnings of $5.27 per share and revenue of $0 million. These results would represent year-over-year changes of -2.77% and 0%, respectively. Investors might also notice recent changes to analyst estimates for Pilgrim's Pride. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 2.14% fall in the Zacks Consensus EPS estimate. Right now, Pilgrim's Pride possesses a Zacks Rank of #4 (Sell). Valuation is also important, so investors should note that Pilgrim's Pride has a Forward P/E ratio of 8.97 right now. This signifies a discount in comparison to the average Forward P/E of 12.24 for its industry. The Food - Meat Products industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 197, this industry ranks in the bottom 21% of all industries, numbering over 250. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pilgrim's Pride Corporation (PPC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data