Wynn Resorts' (NASDAQ:WYNN) first quarterly report without founder Steve Wynn as CEO -- or even owning any shares of the casino resort operator -- went about as well as it could have. The sexual misconduct allegations against Steve Wynn don't seem to have caused any disruption to the business in the U.S., and Wynn Resorts continued to take market share from competitors in Macau.
While a cloud still hangs over the fate of Wynn's $2.5 billion Boston Harbor project, a good quarter is a nice distraction for investors. Here's a look at the highlights, and some analysis of why revenue and earnings may only get better.
Image source: Wynn Resorts.
Wynn was the star of the showIn Macau, the benchmark one must compare earnings to is the 19.1% growth of gaming revenue overall in the region. That's the rising tide lifting all boats (or casinos) in the Chinese territory.
Best Casino Stocks To Buy Right Now: Leggett & Platt, Incorporated(LEG)
Advisors' Opinion:- [By Joseph Griffin]
Leggett & Platt (NYSE: LEG) and Hooker Furniture (NASDAQ:HOFT) are both consumer discretionary companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, dividends, earnings, risk and profitability.
- [By Shane Hupp]
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- [By Ethan Ryder]
ILLEGAL ACTIVITY WARNING: “Commonwealth Equity Services LLC Raises Position in Leggett & Platt, Inc. (LEG)” was published by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright and trademark law. The correct version of this piece can be viewed at https://www.tickerreport.com/banking-finance/4205652/commonwealth-equity-services-llc-raises-position-in-leggett-platt-inc-leg.html.
Best Casino Stocks To Buy Right Now: Actinium Pharmaceuticals, Inc.(ATNM)
Advisors' Opinion:- [By Shane Hupp]
Actinium Pharmaceuticals Inc (NYSEAMERICAN:ATNM) shares saw unusually-strong trading volume on Monday . Approximately 6,705,500 shares changed hands during trading, an increase of 577% from the previous session’s volume of 990,819 shares.The stock last traded at $0.63 and had previously closed at $0.50.
- [By Ethan Ryder]
Shares of Actinium Pharmaceuticals Inc (NYSEAMERICAN:ATNM) shot up 5.1% during trading on Monday . The stock traded as high as $0.65 and last traded at $0.62. 877,465 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 824,285 shares. The stock had previously closed at $0.59.
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Actinium Pharmaceuticals Inc (NYSEAMERICAN:ATNM)’s share price traded up 1.3% on Tuesday . The stock traded as high as $0.77 and last traded at $0.75. 8,381 shares traded hands during trading, a decline of 99% from the average session volume of 1,152,595 shares. The stock had previously closed at $0.76.
Best Casino Stocks To Buy Right Now: Ebix, Inc.(EBIX)
Advisors' Opinion:- [By Motley Fool Transcribers]
Ebix Inc (NASDAQ:EBIX)Q4 2018 Earnings Conference CallMarch 01, 2019, 11:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Logan Wallace]
COPYRIGHT VIOLATION WARNING: “Ebix Inc (EBIX) Holdings Cut by Royce & Associates LP” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright & trademark legislation. The correct version of this report can be read at https://www.tickerreport.com/banking-finance/4220018/ebix-inc-ebix-holdings-cut-by-royce-associates-lp.html.
- [By Shane Hupp]
Ebix (NASDAQ: EBIX) and Godaddy (NYSE:GDDY) are both computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, risk, valuation, analyst recommendations, dividends and earnings.
- [By Dan Caplinger]
Wall Street seemed to phone it in on Monday, with low volume and fairly modest moves for most major benchmarks reflecting the fact that many federal and state government offices were closed for a holiday. Interest rates stabilized after a substantial jump last week, but market participants are still working through the potential consequences of the rate rise that resulted in 10-year Treasury yields hitting their highest levels since the early 2010s. Moreover, some negative news regarding individual companies weighed on sentiment. Square (NYSE:SQ), Ebix (NASDAQ:EBIX), and iRobot (NASDAQ:IRBT) were among the worst performers on the day. Here's why they did so poorly.
- [By Max Byerly]
Shares of Ebix Inc (NASDAQ:EBIX) were down 5.8% during mid-day trading on Tuesday . The stock traded as low as $57.66 and last traded at $61.47. Approximately 18,499 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 189,931 shares. The stock had previously closed at $58.10.
Best Casino Stocks To Buy Right Now: NetApp Inc.(NTAP)
Advisors' Opinion:- [By Leo Sun]
IBM CEO Ginni Rometty. Image source: IBM.
5 reasons to buy IBM IBM posted its second straight quarter of annual sales growth after almost six years of declines. Its revenue rose 5% annually to $19.07 billion, beating estimates by $390 million. Its non-GAAP earnings also grew 4% to $2.45, topping expectations by $0.06. IBM's closely watched "strategic imperatives" (SI) revenue -- which comes from its higher-growth cloud, social, mobile, security, and analytics businesses -- rose 12% annually (10% on a constant currency basis) to $37.7 billion over the past 12 months. That accounted for 47% of IBM's revenue, compared to 42% a year earlier. This tells us that Big Blue's shift from legacy businesses to higher-growth ones is gradually paying off. IBM also noted, without disclosing an exact figure, that its security revenues also rose 60% annually during the quarter. IBM's total cloud revenue over the past 12 months rose 22% annually (20% in constant currency) to $17.7 billion. For the quarter, its higher-growth cloud-as-a-service revenue rose 25% annually (20% in constant currency) to $10.7 billion, compared to 20% reported growth in the fourth quarter. Three of IBM's four computing business segments (Cognitive Solutions, Global Business Services, and Technology Services & Cloud Platforms) posted positive annual sales growth and topped analyst estimates. IBM's stock remains fairly cheap at less than 11 times this year's earnings, and it pays a forward dividend yield of 3.8%. That low valuation and high yield should limit its downside potential. 5 reasons to sell IBM IBM's total sales were buoyed by a weak dollar. On a constant currency basis, its revenue actually stayed flat year over year during the quarter. On a constant currency basis, its Global Business Services and Technology Solutions & Cloud Platforms revenue would both have declined 1% annually. Its Cognitive Solutions revenue rose 6% in dollars, but just 2% on a constant currency basis. The - [By Keith Noonan]
Within that mold, here's why Apple (NASDAQ:AAPL), NetApp (NASDAQ:NTAP), and Activision Blizzard (NASDAQ:ATVI) should be on the shortlist for investors seeking stocks with fast-growing returned income.
- [By Max Byerly]
Get a free copy of the Zacks research report on NetApp (NTAP)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin]
Some of the stocks that may grab investor focus today are:
Wall Street expects Lowe's Companies, Inc. (NYSE: LOW) to report quarterly earnings at $1.25 per share on revenue of $17.63 billion before the opening bell. Lowe's shares declined 0.35 percent to $85.45 in pre-market trading. Analysts expect NetApp, Inc. (NASDAQ: NTAP) to post quarterly earnings at $1.01 per share on revenue of $1.60 billion after the closing bell. NetApp shares dropped 2.09 percent to close at $67.02 on Tuesday. Urban Outfitters, Inc. (NASDAQ: URBN) reported better-than-expected earnings for its fiscal first quarter on Tuesday. Urban Outfitters shares dropped 2.21 percent to $40.30 in the pre-market trading session. Before the markets open, Tiffany & Co. (NYSE: TIF) is projected to report quarterly earnings at $0.83 per share on revenue of $957.49 million. Tiffany shares gained 0.45 percent to $102.70 in pre-market trading. Analysts are expecting Target Corporation (NYSE: TGT) to have earned $1.38 per share on revenue of $16.50 billion in the latest quarter. Target will release earnings before the markets open. Target shares rose 0.07 percent to $75.52 in pre-market trading. Hewlett Packard Enterprise Co (NYSE: HPE) reported stronger-than-expected profit for its fiscal second quarter and raised its FY18 GAAP earnings outlook. Hewlett Packard Enterprise shares rose 0.40 percent to $17.48 in pre-market trading.Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
- [By Logan Wallace]
Wells Fargo & Co reiterated their positive rating on shares of NetApp (NASDAQ:NTAP) in a research note released on Wednesday. They currently have a $80.00 price objective on the data storage provider’s stock.
- [By Ethan Ryder]
In related news, EVP Henri P. Richard sold 5,050 shares of the stock in a transaction that occurred on Friday, February 1st. The shares were sold at an average price of $66.01, for a total transaction of $333,350.50. Following the completion of the transaction, the executive vice president now owns 56,707 shares of the company’s stock, valued at approximately $3,743,229.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Joel D. Reich sold 20,000 shares of the stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $64.04, for a total transaction of $1,280,800.00. Following the transaction, the vice president now directly owns 744 shares of the company’s stock, valued at approximately $47,645.76. The disclosure for this sale can be found here. Company insiders own 0.19% of the company’s stock.
COPYRIGHT VIOLATION WARNING: “Freestone Capital Holdings LLC Invests $5.59 Million in NetApp Inc. (NTAP)” was first published by Ticker Report and is the property of of Ticker Report. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of US and international copyright and trademark laws. The original version of this piece of content can be read at https://www.tickerreport.com/banking-finance/4195536/freestone-capital-holdings-llc-invests-5-59-million-in-netapp-inc-ntap.html.About NetApp
Best Casino Stocks To Buy Right Now: ClearSign Combustion Corporation(CLIR)
Advisors' Opinion:- [By Stephan Byrd]
Headlines about Clearsign Combustion (NASDAQ:CLIR) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Clearsign Combustion earned a news impact score of 0.03 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.3826189369742 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
- [By Logan Wallace]
Roper Technologies (NYSE:ROP) and Clearsign Combustion (NASDAQ:CLIR) are both industrial products companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, dividends, earnings, analyst recommendations, profitability, institutional ownership and risk.
- [By Joseph Griffin]
Press coverage about Clearsign Combustion (NASDAQ:CLIR) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Clearsign Combustion earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.3610235421976 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
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