Latest news with #Smart
Business Insider
21 minutes ago
- Business
- Business Insider
Bell Potter Remains a Hold on Evolution Mining (CAHPF)
In a report released today, David Coates from Bell Potter maintained a Hold rating on Evolution Mining , with a price target of A$7.95. The company's shares closed today at $4.90. 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Coates covers the Basic Materials sector, focusing on stocks such as AIC Mines Limited, Regis Resources Limited, and Aeris Resources Limited. According to TipRanks, Coates has an average return of 7.0% and a 54.41% success rate on recommended stocks. In addition to Bell Potter, Evolution Mining also received a Hold from Citi's Kate McCutcheon in a report issued today. However, on the same day, Macquarie maintained a Sell rating on Evolution Mining (Other OTC: CAHPF).
Business Insider
21 minutes ago
- Business
- Business Insider
Matrix Composites & Engineering Ltd (8ME) was downgraded to a Hold Rating at Bell Potter
Matrix Composites & Engineering Ltd received a Hold rating and a A$0.28 price target from Bell Potter analyst Joseph House today. The company's shares closed yesterday at €0.12. 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, House is a 5-star analyst with an average return of 25.8% and a 59.65% success rate. House covers the Industrials sector, focusing on stocks such as Seven Group Holdings Limited, Matrix Composites & Engineering Ltd, and ALS. Currently, the analyst consensus on Matrix Composites & Engineering Ltd is a Moderate Buy with an average price target of €0.16.
Business Insider
21 minutes ago
- Business
- Business Insider
Bell Potter Keeps Their Buy Rating on Amplitude Energy (COPJF)
In a report released today, Stuart Howe from Bell Potter maintained a Buy rating on Amplitude Energy, with a price target of A$0.28. The company's shares closed last Friday at $0.14. 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Howe covers the Basic Materials sector, focusing on stocks such as Champion Iron, QPM Energy, and Titomic Ltd. According to TipRanks, Howe has an average return of 3.6% and a 37.65% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amplitude Energy with a $0.18 average price target, representing a 31.63% upside. In a report released today, Morgans also maintained a Buy rating on the stock with a A$0.30 price target. Based on Amplitude Energy's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $133.71 million and a net profit of $7.57 million. In comparison, last year the company earned a revenue of $105.86 million and had a GAAP net loss of $90.76 million
Business Insider
an hour ago
- Business
- Business Insider
Citigroup Bulls Sets Sights on $100 Price Target After Blowout Q2 Earnings
Citigroup (C) just delivered strong Q2 2025 earnings, beating analyst expectations on the back of solid performance in capital markets-driven segments and a stabilizing U.S. job market, which helped normalize loan loss provisions. Now that Citi has demonstrated its ability to weather any storm, I remain Bullish on the U.S. bank as its stock trades at just 9.5x forward earnings estimates—significantly discounted compared to major U.S. banking peers, despite strong results in the 2025 Federal Reserve stress tests. 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Yesterday's Q2 results had an immediate impact on market prices, as shown by TipRanks' charting data. By the close, C stock rose 3.7% and now trades at all-time record highs of approximately $90 per share. With performance and sentiment both positive, C stock bulls are already eyeing the psychological $100 barrier as the next hurdle. The company's ongoing restructuring efforts are also bearing fruit. Citigroup's CET1 capital requirement was reduced by 0.5%, paving the way for increased dividends and share buybacks in the coming years. Citigroup Q2 2025 Financial Highlights Citigroup reported impressive Q2 2025 results, with EPS of $1.96, beating analyst estimates of $1.61 and rising 26% year-over-year. The strong performance was fueled by solid profitability across the Markets, Banking, Wealth, and U.S. Personal Banking segments, supported by a rebound in capital markets activity and lower credit provisions as U.S. unemployment stabilized in the 4.1–4.2% range. However, net income declined in the Services and All Other (Managed Basis) segments, primarily due to higher provisions in Mexico. Overall, Citigroup's consolidated revenue rose 8% year-over-year, while operating expenses edged up just 2%, signaling improving efficiency, according to TipRanks data. Citi wasn't done there. Return on tangible equity reached 8.7%, up 1.5% year-over-year, while tangible book value climbed to $94.16 per share, a 2.9% increase from the prior quarter. Meanwhile, the bank's CET1 capital ratio improved slightly to 13.5%, up from 13.41% in Q1 2025, further reinforcing its capital strength. Citigroup Stress Test Results Citigroup performed well in the Federal Reserve's 2025 stress test, ending the test period with a Common Equity Tier 1 (CET1) ratio of 12.5%—ahead of Wells Fargo (10.4%) and Bank of America (10.7%), although trailing JPMorgan Chase at 15.8%. This is an encouraging result, especially given that Citigroup trades at a lower tangible book value multiple (0.95x) compared to these major U.S. banking peers. Adding to the positive momentum, Citigroup's ongoing restructuring efforts are yielding results. The bank announced a reduction in its regulatory CET1 requirement by 0.5%, bringing it down to 11.6%, which leaves Citigroup with a solid 1.9% capital buffer. The U.S. bank also , significantly higher than the sector average of 1.4%. Moreover, the bank has also committed $3.75 billion to share buybacks in 2025 and maintains a disciplined capital strategy, with a payout ratio of 82% in Q2 2025. Citigroup Valuation Breeds Bullish Sentiment Citigroup has reaffirmed its target return on tangible equity (ROTE) of 10–11% for 2026—a bold aim, given that futures markets are pricing in 50 basis points of Fed rate cuts by the end of 2025, with another 50 basis points expected by mid-2026. This rate trajectory could pressure Citigroup's net interest income, which made up 70% of its Q2 2025 revenue. Given the expected rate environment, I believe Citigroup is more likely to hit the lower end of its guidance, with a 10% ROTE in 2026. This would translate to roughly $9.50 in earnings per share, putting the forward P/E at a modest 9.5x. That's still a significant discount compared to JPMorgan Chase at approximately 14.7x, Bank of America at 11.2x, and Wells Fargo at 12.7x their respective 2026 earnings estimates. While Citigroup's performance in the Fed stress test may justify a valuation discount compared to JPMorgan Chase, it still appears undervalued relative to peers like Bank of America and Wells Fargo, which performed worse in the same tests. Despite the stock's substantial gains in 2025, I remain bullish on Citigroup, as its valuation remains attractive. Is Citigroup a Buy, Sell, or Hold? Turning to Wall Street, Citigroup earns a Moderate Buy consensus rating based on 11 Buy and four Hold ratings over the past three months. Notably, not a single analyst sees Citigroup stock as a Sell. Currently, the average Citigroup stock price target is $95.32, implying a potential upside of ~5%. Conclusion Citigroup exceeded analyst expectations in Q2 2025 and reaffirmed its key profitability target for 2026. While achieving even the lower end of its 10–11% return on tangible equity (ROTE) goal may be difficult—especially given the outlook for further Fed rate cuts and the likely fading of the trading tailwinds that boosted first-half results—I remain bullish on the stock. Citigroup still trades at a significant valuation discount compared to major U.S. peers and delivered a strong showing in the latest Federal Reserve stress tests. Even if the bank slightly undershoots its 2026 targets, shareholders will benefit from rising dividends and ongoing share repurchases, offering meaningful value as they await improved performance in 2027 and beyond. The recently reduced CET1 capital requirement, coupled with a 1.9% buffer above regulatory minimums, also supports the safety and sustainability of these shareholder distributions.
Business Insider
an hour ago
- Business
- Business Insider
‘Buy the Dip Now,' Says Five-Star Analyst after ASML Stock Sinks
Shares of ASML Holding (ASML) are plunging in today's trading after the semiconductor company released its second-quarter results and gave a cautious outlook. However, Evercore ISI, led by five-star analyst Mark Lipacis, sees this as a buying opportunity. Despite the short-term weakness, Evercore kept its Outperform rating and €803 price target on the firm's European ticker (NL:ASML). Lipacis pointed out that ASML's valuation has already dropped significantly, as its price-to-earnings ratio has compressed by about 35-40% over the past nine months. 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. As a result, he believes that this decline already reflects negative news, therefore making the current dip a good entry point. He also noted that demand for AI-related chips continues to grow, especially in foundry logic and DRAM, which should help support ASML's long-term growth story. While ASML beat both revenue and earnings expectations for Q2, its forecast for the next quarter came in below what analysts were expecting. Indeed, the company projected Q3 revenue between €7.4 billion and €7.9 billion, which missed market estimates of €8.3 billion. It is also worth noting that Lipacis admitted that ASML's gross margins could decline in the second half of 2025. This is due to how revenue is recognized from its High Numerical Aperture (High NA) technology, as well as a lower mix of high-margin upgrade sales. Still, Evercore believes ASML is on track to hit its 2025 goals and is confident in its long-term potential. Is ASML Stock a Good Buy? Turning to Wall Street, analysts have a Moderate Buy consensus rating on ASML stock based on two Buys, five Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average ASML price target of $877.75 per share implies 17.3% upside potential.
