
RBC Capital Sticks to Its Hold Rating for Prosperity Bancshares (PB)
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Arfstrom is a 5-star analyst with an average return of 11.9% and a 56.35% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Comerica, BankUnited, and First Horizon.
In addition to RBC Capital, Prosperity Bancshares also received a Hold from Barclays's Jared Shaw in a report issued on July 23. However, yesterday, KBW maintained a Buy rating on Prosperity Bancshares (NYSE: PB).
PB market cap is currently $6.63B and has a P/E ratio of 12.67.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PB in relation to earlier this year. Earlier this month, Ned Holmes, a Director at PB sold 600.00 shares for a total of $43,188.10.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
Snap Inc. (SNAP) Nosedives 17% on Wider Net Loss
We recently published . Snap Inc. (NYSE:SNAP) is one of the worst-performing stocks on Wednesday. Shares of Snap fell by 17.15 percent on Wednesday to close at $7.78 apiece, as investor sentiment was dampened by a higher net loss in the second quarter of the year. In its updated report, Snap Inc. (NYSE:SNAP) said net loss widened by 6 percent to $262 million from $248.6 million in the same period last year. Revenues grew by 9 percent to $1.345 billion from $1.236 billion year-on-year. Despite the dismal quarter, the company narrowed its net loss by 27 percent in the first half of the year to $402 million from $553.7 million in the same period last year. Revenues increased by 11 percent to $2.7 billion from $2.4 billion. Following the results, Snap Inc. (NYSE:SNAP) earned a lower price target of $10 from RBC Capital, as compared with the $12 previously. Still, the new figure marks a 28-percent upside from its latest closing price. RBC Capital described the second quarter as a 'tough Q2' for Snap Inc. (NYSE:SNAP), with planned ad platform development and surface expansion efforts not going according to plan. Additionally, RBC Capital said that the underperformance would 'continue to reinforce the bear case that SNAP cannot break out of being a smaller ad platform lacking the ability to durably grow its direct response business in-line with the market.' While we acknowledge the potential of SNAP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . 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
Yahoo
22 minutes ago
- Yahoo
Chef's Line, Glenview Farms Parent US Foods Maintains Revenue Outlook Despite Q2 Miss
US Foods Holding Corp. (NYSE:USFD) shares are trading lower on Thursday after the company reported second-quarter results. US Foods Holding Corp. markets and sells products under various brands, including Chef's Line, Stock Yards, Metro Deli, Harvest Value, Monarch, Monogram, Molly's Kitchen, and Glenview Farms. They also distribute foodservice equipment and supplies under brands like Chef'Stores, Food Fanatics, and Smart Foodservice. It clocked second-quarter adjusted earnings per share of $1.19, beating the analyst consensus estimate of $1.13. Quarterly sales of $10.082 billion (up 3.8% year over year) missed the Street view of $10.166 billion. "We delivered top-line growth and margin expansion combined with accretive share buybacks, which resulted in 28% Adjusted EPS growth," said CFO Dirk sales growth was driven by case volume growth and food cost inflation of 2.5%. Total case volume increased 0.9% from the prior year, driven by a 2.7% increase in independent restaurant case volume, a 4.9% increase in healthcare volume and a 2.4% increase in hospitality volume, US Foods Holding said in a press release. Adjusted gross profit increased by $85 million year-over-year (up 5.0%) to $1.8 billion. It represented 17.8% of net sales, compared with 17.6% in the year-ago period. View more earnings on USFD Adjusted EBITDA of $548 million, increased by 12.1%, from the prior year. Adjusted EBITDA margin was 5.4%, an increase of 40 basis points compared to the prior year. The company said it has secured over $50 million in year-to-date cost-of-goods savings through strategic vendor management and is positioned to exceed its $260 million 2027 commitment. Private-label penetration climbed more than 80 basis points to over 53% in core independent restaurants, driving improved margins. Enhanced inventory controls are projected to deliver a $30 million gross profit benefit in 2025, while $45 million in indirect-spend savings this year will further reduce operating expenses. The company exited the quarter with cash and equivalents worth $61 million, higher than $59 million in the year-ago period. Outlook US Foods Holding affirmed its fiscal year 2025 sales guidance at $39.392 billion to $40.150 billion, compared with the consensus estimate of $39.764 billion. The company also narrowed its adjusted EPS guidance for fiscal 2025 to $3.76–$3.87, tightening the prior range of $3.69–$3.88, and compared with the street estimate of $3.81. Price Action: USFD shares are trading lower by 8.56% to $77.39 at last check Thursday. Read Next:UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Chef's Line, Glenview Farms Parent US Foods Maintains Revenue Outlook Despite Q2 Miss originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
22 minutes ago
- Yahoo
Geo Group (GEO) Falls 11.46% on Lower Earnings Outlook
We recently published . The GEO Group Inc. (NYSE:GEO) is one of the worst-performing stocks on Wednesday. The GEO Group slashed its share prices by 11.46 percent on Wednesday to close at $22.88 apiece as investors soured on the lower-than-expected earnings outlook for full-year 2025, shunning its impressive income performance in the second quarter of the year. In an updated report, The GEO Group Inc. (NYSE:GEO) raised its 2025 revenue target to $2.56 billion, up from the $2.53 billion guidance previously. However, analysts had expected $2.58 billion. Additionally, The GEO Group Inc. (NYSE:GEO) expects attributable net income to be in a range of $1.99 to $2.09 per diluted share, including a $228 million gain on the sale of its Lawton Facility. Adjusted EBITDA was pegged at $465 million to $490 million. In the second quarter of the year, The GEO Group Inc. (NYSE:GEO) swung to an attributable net income of $29 million from a $32.5 million net loss in the same period last year. Revenues grew by 4.8 percent to $636 million from $608 million year-on-year. Photo by Anthony Tran on Unsplash In the first half, attributable net income ended at $48.7 million, reversing a net loss of $9.8 million in the same comparable period. Revenues inched up by 2.5 percent to $1.24 billion from $1.21 billion year-on-year. While we acknowledge the potential of GEO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . 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