DocuSign (DOCU) reported strong third-quarter earnings yesterday that sent shares 3% higher in Friday morning’s trading session. The stock has now rallied more than 8% in the past week. Revenue for the quarter climbed 9% YoY to $700.4 million, well above the Wall Street consensus of $690 million. DocuSign also outperformed the analyst consensus [...]
HCI Group Inc. Powers Higher, But Is Below Its 2021 All-Time High of $139.80: Can It Make It Back There?
By Leslie N. Masonson, MBA HCI Group, Inc. (NYSE:HCI), was incorporated in 2006 in Tampa, Florida where it is currently headquartered. It has $507 million in annual sales and a market capitalization of $737 million with 578 full-time employees. The company was formerly known as Homeowners Choice, Inc. and changed its name to HCI [...]
Amphastar Pharmaceuticals, Inc. Powers Higher Towards Its August 9 All-Time High: Jump in Right Now?
By Leslie N. Masonson, MBA Amphastar Pharmaceuticals Inc. (NASDAQ:AMPH), is a bio-pharmaceutical firm, that develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products to its customers in the United States, China, and France. The company was incorporated in 1996 in Rancho Cucamonga, California where it is currently headquartered. It has [...]
By Leslie N. Masonson, MBA Stride Inc. (NYSE:LRN), a technology-based education services company was incorporated in 2000 in Reston, Va. where it is currently headquartered. The company was formerly known as K12 Inc., but changed its name to Stride, Inc. in December 2020. It has $1.89 billion in annual sales and a market capitalization [...]
Target (TGT) reported fiscal third-quarter earnings before the bell this Wednesday morning, and the results sent shares into a frenzy. They’re up 17% so far this morning after the retailer beat the top and bottom line consensus. For the past few quarters Target has faced a weakening environment as inflationary pressures have shoppers looking [...]
Planet Fitness (PLNT) delivered third-quarter earnings that sent shares 12% higher in Tuesday morning’s session after beating the consensus on the top and bottom lines. Revenue for the third quarter climbed to $277.6 million, representing nearly 14% growth YoY. The FactSet consensus was just $268.2 million. A big chunk of this growth can be [...]
Brady Corporation Approaching All-time High of $61.76 Hit on June 10, 2021: Can It Break Through a Quintuple Resistance Level of $57.77?
By Leslie N. Masonson, MBA Brady Corporation (BRC), a NYSE firm incorporated in 1914, is headquartered in Milwaukee, Wisconsin. Currently, the company employs 5,600 individuals and has 44 million shares outstanding. BRC has reported revenues totaling $1.32 billion and annual sales of $1.33 billion. BRC’s market capitalization stands at $2.5 billion, and it pays [...]
Apollo Global Management, Inc. Hits All-time High on September 20: Can It Keep Going Like the Energizer Bunny?
By Leslie N. Masonson, MBA Apollo Global Management, Inc. (APO) stock price has doubled to $90.81 since its low of $45.62 on October 13, 2022, with an average trading volume. However, since hitting a recent low of $78.39 on August 18th, it has surged to $93.18, marking a 19% increase in just 22 trading [...]
Shares of AutoZone (AZO) fell nearly 3.5% in premarket trading but have leveled out since the market opened this morning. The auto parts retailer posted fiscal fourth-quarter earnings that exceeded analyst expectations in every way but one: domestic revenue. The company reported an earnings beat of $46.46 per share compared to the consensus of [...]
Lifeway Foods, Inc. Backs Off 6% from its September All-Time High: Can It Rally and Exceed that High?
By Leslie N. Masonson, MBA Lifeway Foods (LWAY) stock price has surged 91% since August 11 and 16.8% this past week on exploding volume. This highly-rated stock should be placed on investor watchlists for a possible continuation of its price momentum going forward. But be cautious in the recent 10-day downtrending market. Lifeway Foods, [...]