Latest news with #Analysts
Yahoo
a day ago
- Business
- Yahoo
Is the Options Market Predicting a Spike in Kanzhun Stock?
Investors in Kanzhun Limited BZ need to pay close attention to the stock based on moves in the options market lately. That is because the Aug. 15, 2025 $12.5 Puthad some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Kanzhun shares, but what is the fundamental picture for the company? Currently, Kanzhun is a Zacks Rank #2 (Buy) in the Internet – Software industry that ranks in the Top 31% of our Zacks Industry Rank. Over the last 60 days, one analyst increased the earnings estimates for the current quarter, while none has dropped the estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.59 per share to $2.60 in that period. Given the way analysts feel about Kanzhun right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> 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 KANZHUN LIMITED Sponsored ADR (BZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Wall Street Journal
a day ago
- Business
- Wall Street Journal
Mortgage Rates Today, July 22, 2025: 30-Year Rates Rise to 6.85%
Mortgage rates are up, but still under 7%. Today's national average on a 30-year fixed-rate mortgage is 6.85%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.07%. Inflation reached 2.7% in June, continuing the gradual increases seen in April and May. Economists expected the price of consumer goods to rise as tariffs start to take effect, though experts still disagree on how significant the impact of trade policies will be. Many analysts see the latest inflation data as supporting the Federal Reserve's current pause on interest rate cuts. The central bank is expected to maintain that stance at its meeting on July 29 and 30. Top mortgage rates today Current mortgage rates are up and higher than they were seven days ago. Rates are lower than they were in early 2025, when the average 30-year fixed-rate mortgage reached above 7%. Even though Federal Reserve policy doesn't directly impact today's mortgage rates, they have been easing since the Fed began cutting rates in late 2024. Mortgage rates change regularly, so compare offers and consider the personal and market factors that influence your quoted mortgage rate.
Bloomberg
2 days ago
- Business
- Bloomberg
Europe-Based High Yield Funds See Most Weekly Inflows This Year
Junk bond funds based in Europe saw their biggest weekly inflow of the year last week, as investors continue to pile into an asset class that offers relatively generous yields, stability and diversification away from the US dollar. Over $1,233 million poured into European domiciled high yield funds with a local focus in the week ending July 16, according to BofA Global Research analysts, citing EPFR Global data. The previous week saw over $1 billion of inflows.
Yahoo
2 days ago
- Business
- Yahoo
Here is Why Patterson-UTI Energy (PTEN) Fell This Week
The share price of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) fell by 9.31% between July 11 and July 18, 2025, putting it among the Energy Stocks that Lost the Most This Week. A drilling site in the wilds of nature, highlighting the company's commitment to exploration. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) is a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) fell this week following a strong bearish sentiment surrounding the entire oil and gas services sector, as drilling activity slows down amid falling crude oil prices. As a result, analysts expect the sector to post a sharp decline in the upcoming Q2 2025 earnings season. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) also came under pressure after Stifel lowered the stock's price target from $13 to $12, reflecting the analyst's bearish stance of the overall oilfield services sector, which has significantly lagged behind the broader market so far this year. With a hefty annual dividend yield of 5.39% as of the writing of this piece, Patterson-UTI Energy, Inc. (NASDAQ:PTEN) was also recently included in our list of 12 Best Oil and Gas Dividend Stocks to Buy Now. While we acknowledge the potential of PTEN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Oil and Gas Dividend Stocks to Buy Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Sign in to access your portfolio
Bloomberg
3 days ago
- Business
- Bloomberg
Equity Analysts in India Top Global Peers in Long-Short Model
Sell-side analysts appear to have emerged as a more valuable resource for investors in India than in any other major market. To some observers, structural idiosyncrasies in the nation's $5.4 trillion stock market are giving skilled stock-pickers an edge. A long-short strategy model that involves buying the top quintile of stocks most favored by analysts in an index of the largest 200 Indian firms, while simultaneously shorting the bottom quintile would have returned 105% over the past decade, data analyzed by Bloomberg News shows. The same market-neutral trade on the S&P 500 Index would have yielded just 14% in this period.
