Latest news with #earningsoutlook
Yahoo
18 hours ago
- Business
- Yahoo
Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Is This 1 Momentum Stock a Screaming Buy Right Now? For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. Wheaton Precious Metals Corp. (WPM) Wheaton Precious Metals is one of the largest precious metal streaming companies in the world that generates its revenues from the sale of precious metals and cobalt. WPM boasts a Momentum Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Wheaton Precious Metals Corp. has seen some interesting price action recently; the stock is up 9.1% over the past one week and up 11% over the past four weeks. And in the last one-year period, WPM has gained 83.5%. As for the stock's trading volume, 1,757,803 shares on average were traded over the last 20 days. Momentum investors also pay close attention to a company's earnings. For WPM, 12 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.25 to $2.32 per share for 2025. WPM boasts an average earnings surprise of 4.7%. WPM should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores. 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 Wheaton Precious Metals Corp. (WPM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
France 24
5 days ago
- Business
- France 24
Ozempic maker Novo Nordisk posts strong results but competition weighs
The group reported a net profit of 26.5 billion kroner ($4.1 billion), a 32 percent increase from the same period last year, while sales increased by 18 percent to 76 billion kroner. The drug maker lowered its annual earnings outlook last week, causing its share price to continue its nearly year-long slide. The company had already cut its forecast in May and announced the departure of its chief executive Lars Fruergaard Jorgensen. "In May we mostly thought the bottom was reached," Mikael Bak, director of the Danish shareholders' association, told AFP. Bak said "every is a bit surprised" that the situation has deteriorated. "So now we don't want to see more disappointments, there are reasons to believe the business is healthy, the institution and the products good," he said. Novo Nordisk announced last week that it was promoting Maziar Mike Doustdar, its vice president for international operations, to succeed Jorgensen. The popularity of Novo Nordisk's weight-loss treatments had once made it a darling of investors, boosting its share price and at one point making it Europe's most valuable company. But it now faces growing competition from rival treatments made by US group Eli Lilly in United States. A rule by the US Food and Drug Administration allowing pharmacies to create so-called "compound" copycat versions of the drug, after high demand led to shortages, has also dented Novo Nordisk's earnings.
Bloomberg
01-08-2025
- Business
- Bloomberg
European Firms Are Most Worried About FX Swings in Four Years
European companies are the most worried about the impact of currency fluctuations in four years, with the euro's strength in 2025 eating into earnings outlooks. Mentions of 'currency headwinds' in filings and earnings calls among Stoxx Europe 600 companies that have reported so far have risen to the highest level since the first quarter of 2021.
