Analysts Offer Insights on Consumer Cyclical Companies: OPENLANE (KAR), Greif Class A (GEF) and Amazon (AMZN)
Don't Miss TipRanks' Half-Year Sale
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
OPENLANE (KAR)
In a report released today, Jeff Lick from Stephens maintained a Buy rating on OPENLANE, with a price target of $26.00. The company's shares closed last Tuesday at $24.74.
According to TipRanks.com, Lick is a 3-star analyst with an average return of 12.1% and a 51.9% success rate. Lick covers the NA sector, focusing on stocks such as Tractor Supply, AutoNation, and Boot Barn. ;'>
Currently, the analyst consensus on OPENLANE is a Moderate Buy with an average price target of $24.00.
Greif Class A (GEF)
In a report released today, Michael Roxland from Truist Financial maintained a Hold rating on Greif Class A. The company's shares closed last Tuesday at $69.80.
According to TipRanks.com, Roxland is a 4-star analyst with an average return of 6.2% and a 57.3% success rate. Roxland covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'>
Greif Class A has an analyst consensus of Moderate Buy, with a price target consensus of $71.67.
Amazon (AMZN)
Truist Financial analyst Youssef Squali maintained a Buy rating on Amazon today and set a price target of $250.00. The company's shares closed last Tuesday at $220.46.
According to TipRanks.com, Squali is a 3-star analyst with an average return of 2.6% and a 47.3% success rate. Squali covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, DoubleVerify Holdings, and Uber Technologies. ;'>
Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $243.32, a 10.9% upside from current levels. In a report issued on June 30, Evercore ISI also maintained a Buy rating on the stock with a $280.00 price target.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
13 minutes ago
- Globe and Mail
Is Orchid Stock Worth Buying for Its Lucrative 20.3% Dividend Yield?
Orchid Island Capital, Inc. ORC has a record of paying out regular dividends, currently yielding a staggering 20.3% compared with the industry average of 12.4%. The company has increased its dividend three times over the past five years. This specialty finance mortgage real estate (mREIT) company, which invests in residential mortgage-backed securities (RMBS) on a leveraged basis, offers favorable long-term stockholder returns and a substantial dividend yield. Income-seeking investors have a large appetite for REIT stocks, as U.S. law requires REITs to distribute 90% of their annual taxable income in the form of dividends. ORC peers AGNC Investment AGNC and Arbor Realty Trust ABR also pay dividends regularly. AGNC Investment has a dividend yield of 15.8% and Arbor Realty Trust has a dividend yield of 15.5%. Coming back to Orchid, it has a strong liquidity position. As of March 31, 2025, the company had $446.5 million in cash and cash equivalents, and unpledged securities. It has no debt as of the same date. ORC also has a share repurchase plan in place. In 2022, the board of directors approved an increase in the authorization up to an additional 4.3 million shares, bringing the remaining authorization under the stock repurchase program to 6.2 million shares. As of April 25, 2025, the company had the authorization of 2.7 million shares available under the program. Given such a staggering dividend yield, it may entice many investors to buy the stock. Is now the right time to invest? To answer this, it is essential to delve into the details and evaluate various factors at play. ORC to Gain From Decline in Mortgage Rates Though the Federal Reserve has lowered the interest rates by 100 basis points in 2024, it has kept rates steady since then due to macroeconomic uncertainty. Despite this, mortgage rates have slightly declined. Per a Freddie Mac report, the average rate on a 30-year fixed-rate mortgage was 6.77% as of June 26, 2025, down from 6.81% in the previous week. Further, based on the incoming economic data, market participants are predicting at least two rate cuts by year-end. In its June Housing Forecast, Fannie Mae projected mortgage rates to reach 6.6% by the end of the third quarter of 2025 and 6.5% by the year's end. With rates trending lower and balanced supply/affordability playing out in the mortgage market, loan demand is expected to improve. With rising purchase originations and refinancing activities, Orchid will likely witness book value improvement in the coming period as spreads in the Agency market tighten, driving asset prices. This should also boost the company's net interest spread, improving the portfolio's overall yield. This is expected to support ORC's financials in the upcoming period. Orchid & Agency RMBS ORC has maintained its focus on agency RMBS, an investment strategy that has positioned it as one of the strong players in this specialized market segment. Orchid's investment strategy focuses on two categories of Agency RMBS, traditional pass-through Agency RMBS, such as mortgage pass-through certificates and collateralized mortgage obligations issued by Fannie Mae, Freddie Mac, or Ginnie Mae, and structured Agency RMBS. Interest rates were generally range-bound, and volatility was low for most of the first quarter, making it an ideal condition for a levered investment in Agency RMBS for ORC. Accordingly, the company generated attractive returns for the period. Given this, Orchid generated a positive total return of 2.6% in the first quarter of 2025, driven by the company's compelling monthly dividend. Agency RMBS will continue to offer a compelling return opportunity for ORC. Although the market is extremely competitive, the company's focus on agency RMBS puts it in a position to possibly profit from favorable trends. However, execution will be crucial to achieving these advantages. ORC Price Performance, Estimates & Valuation Analysis Orchid shares have gained 12.5% in the past three months compared with the industry's rally of 10%. Meanwhile, AGNC Investment and Arbor Realty have risen 9.2% and 1.5%, respectively, over the past three months. The Zacks Consensus Estimate for ORC's 2025 and 2026 earnings implies year-over-year jumps of 394.4% and 24.5%, respectively. The estimates for 2025 and 2026 have been unchanged over the past 30 days. Earnings Estimates Image Source: Zacks Investment Research From a valuation standpoint, Orchid appears expensive relative to the industry. The company is currently trading at a premium with a forward 12-month price-to-sales (P/S) TTM multiple of 2.47X, higher than the industry average of 2.35X. Its peer AGNC Investment and Arbor Realty Trust have forward 12-month P/S ratios of 2.75X and 1.70X, respectively. Price-to-Sales TTM How to Approach Orchid's Stock Now? ORC's attractive dividend yield, strong liquidity position and strategic focus on agency-backed RMBS make it well-positioned to capitalize on long-term growth, especially as mortgage rates gradually decline. These factors can drive book value growth, improved net interest spreads and solid earnings in the coming quarters. However, uncertainties around interest rate path and execution risks, along with premium valuation, suggest that it is prudent to remain cautious at the moment. Orchid currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> 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 AGNC Investment Corp. (AGNC): Free Stock Analysis Report Arbor Realty Trust (ABR): Free Stock Analysis Report Orchid Island Capital, Inc. (ORC): Free Stock Analysis Report
Globe and Mail
14 minutes ago
- Globe and Mail
Why Tripadvisor Stock Is on the Map Today
Key Points Starboard Value just disclosed a 9% stake in Tripadvisor. The stock costs 38 times earnings, but profits are growing quickly, and so is free cash flow. Starboard scored a quick gain on Tripadvisor -- but the stock has even more room to rise. Tripadvisor (NASDAQ: TRIP) stock galloped ahead 18% through 11:05 a.m. ET Thursday after activist investor Starboard Value disclosed that it has taken a 9% stake in the travel advisor. Calling the company "undervalued" (at the time it bought the shares -- we'll have to see if it remains undervalued now that it's up 17%), and "an attractive investment opportunity," Starboard plans to meet with management to discuss ways to improve the stock's price even further. Although I have to say, a 17% one-day prop is already quite an improvement! Momentum investing Tripadvisor's an excellent prospect for the kind of stock that can be moved suddenly by a surprise headline. It was valued at less than $1.8 billion before today's announcement, so it only cost Starboard $160 million to build its 9% stake. After the announcement, the stock has already gained more value than Starboard put into it. Is Tripadvisor a buy? Priced north of $2 billion today, Tripadvisor represents a potentially compelling value proposition. The company's debt load is modest -- only about $105 million. And while the stock costs nearly 38 times trailing earnings, analysts forecast Tripadvisor will also earn nearly $105 million next year, with even stronger free cash flow. Even valued just on the generally accepted accounting principles (GAAP) profit, the stock's forward P/E ratio is only about 20. And next year's earnings are expected to grow 40% compared to this year's. Paying 20 times earnings for a 40% grower? Yeah, that sounds like a pretty "attractive investment opportunity" to me, too. Should you invest $1,000 in Tripadvisor right now? Before you buy stock in Tripadvisor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Tripadvisor 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 $692,914!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $963,866!* Now, it's worth noting Stock Advisor 's total average return is1,050% — a market-crushing outperformance compared to179%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 June 30, 2025
Globe and Mail
21 minutes ago
- Globe and Mail
AGF CEO Kevin McCreadie dies at age 64
AGF Management Ltd. AGF-B-T announced chief executive officer Kevin McCreadie has died and the asset manager named Judy Goldring, its president, as the new CEO. On Thursday, AGF said Mr. McCreadie, aged 64, died suddenly. He joined the Toronto-based company 11 years ago from a U.S. bank and shifted AGF's strategy from equity and fixed income funds into alternative assets such as infrastructure and private equity. In addition to serving as CEO, he was AGF's chief investment officer. 'The entire AGF team is devastated by the loss of Kevin, our colleague and leader,' said Blake Goldring, AGF's executive chairman, in a press release. 'His impact on our organization – and the people within it – has been profound and will be lasting.' AGF is one of the country's largest independent fund managers, overseeing $53-billion of client assets. Over the past five years, AGF's share price rose by 158 per cent as Mr. McCreadie's diversification strategy attracted clients and boosted profits. Mr. McCreadie was the first CEO at AGF from outside the Goldring family. Warren Goldring co-founded the company in 1957 and served as CEO until 2000, when Blake Goldring took the reins. AGF recruited Mr. McCreadie in 2014, when he was CEO of PNC Capital Advisors, LLC, a division of Pittsburg-based bank PNC Financial Services Group. Judy Goldring joined AGF in 1998 as general counsel and held a series of executive roles prior to becoming president and head of global distribution in 2020. 'We have full confidence in Judy's ability to lead the firm given her profile, vision and demonstrated leadership skills,' said Blake Goldring. 'She has the full support of the AGF team and our board of directors.' Judy Goldring is also chair of the board of directors at the Securities Investment and Management Association, an industry group formerly known as IFIC.
