STOCKS TELEGRAPH

Tag: EXPE

  • Early Morning Vibes: Check Out These 3 hot Stocks Right Now

    Early Morning Vibes: Check Out These 3 hot Stocks Right Now

    On February 10, American stock exchanges closed without significant changes. The S&P 500 index fell by a symbolic 0.03%, to 3910 points, the Dow Jones added 0.20%, the NASDAQ lost 0.25%. During the day, losses in the S&P 500 reached 0.6%, but its weakness was temporary. There were no new drivers of movement, but optimism about fiscal stimulus remained heightened. The cyclical consumer goods sector looked noticeably weaker than the market (-0.94%) due to Tesla shares, which fell 5.25%.

    Company news

    Twitter (TWTR: + 13.2%) beat consensus on revenue and EBITDA, but below-expected audience growth.

    Taxi Lyft (LYFT: + 4.8%) posted better-than-expected quarterly revenue. The company said it was able to go into profit in the third quarter.

    General Motors (GM: -2.1%) operating income was above market expectations. At the same time, as expected by analysts, the company warned of a shortage of semiconductors.

    Dating services developer Match (MTCH: + 7.7%) acquires South Korean company Hyperconnect for $ 1.7 billion.

    Today, world stock exchanges are showing mostly positive dynamics. The news background remains calm. Ultra-soft monetary and stimulating fiscal policies remain strong factors supporting optimism. Fed Chairman Jerome Powell, during his speech in New York yesterday, reaffirmed his commitment to the course at low rates and also noted that the opening of the economy will lead to a significant increase in consumer spending. However, inflationary pressure, according to Powell, may turn out to be unstable, namely, further parameters of the monetary policy will depend on inflation and unemployment.

    Technical picture

    Technically, the S&P 500 is still in a medium-term uptrend. The trading session the day before did not change the overall picture. The broad market index is consolidating in a tight range after rising 4% last week. Resistance at the upper border of the uptrend is still a significant obstacle.

    Today Top Movers

    RCM Technologies Inc (RCMT) stock ascended 126.28% at $8.35 in the pre-market trading today.‎ The company provided an update on its recently obtained projects to assist its clients in producing higher grades of ethanol for use in beverage and hygienic applications such as sanitizer-grade ethanol. ‎

    Microvision Inc (MVIS) gained over 38.29% at $19.36 in pre-market ‎trading on Thursday after declaring that it has received necessary components and equipment to meet its April milestone of completing A-Samples of its Long-Range Lidar Sensor. ‎

    Sonos Inc (SONO) grew over 15.59% at $36.41 in pre-market trading ‎today.‎ The maker of smart speakers generated revenue of $645.6 million in its fiscal first quarter, up from $562.1 a year earlier and ahead of the $590 million that analysts surveyed by FactSet had been projecting.

    Top Upgrades & Downgrades

    Wells Fargo turned bullish on The Western Union Company (WU), upgrading the stock to “Equal-Weight” and assigning a $25.0 price target, representing potential upside of 6.43% from Wednesday’s close. 

    Pacific Biosciences of California Inc. (PACB) has won the favor of Piper Sandler’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $52.0, suggesting a 13.29% additional upside for the stock. 

    AnaptysBio Inc. (ANAB) received an upgrade from analysts at JP Morgan, who also set their one-year price target on the stock to $40.0. They changed their rating on ANAB to Overweight from Underweight in a recently issued research note.

    Earlier Thursday Piper Sandler reduced its rating on Helmerich & Payne Inc. (HP) stock to Neutral from Overweight and assigned the price target to $24. 

    Vertical Research analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Spirit Airlines Inc. (SAVE) has been changed to Hold from Buy. 

    Analysts at Barclays downgraded Equitrans Midstream Corporation (ETRN)’s stock to Underweight from Equal-Weight Thursday.

    Latest Insider Activity

    Tesla Inc. (TSLA) Director Musk Kimbal announced the sale of shares taking place on Feb 09 at $852.12 for some 30,000 shares. The total came to more than $25.56 million. 

    The Walt Disney Company (DIS) Executive Chairman IGER ROBERT A sold on Feb 08 a total of 1,177,989 shares at $190.12 on average. The insider’s sale generated proceeds of almost $41.83 million. 

    InspireMD Inc. (NSPR) Director Kester Thomas J declared the purchase of shares taking place on Feb 08 at $0.62 for some 120,960 shares. The transaction amount was around $74995. 

    Penn National Gaming Inc. (PENN) Director SCACCETTI JANE bought on Feb 08 a total 41,978 shares at $120.99 on average. The purchase cost the insider an estimated $99,212.

    Important Earnings

    Top US earnings releases scheduled for today include Expedia Group Inc. (NASDAQ: EXPE). It will announce its Dec 2020 financial results. The company is expected to report earnings of -1.97 per share from revenues of $1.12B in the three-month period. 

    Analysts expect Kellogg Company (NYSE: K) to report a net income (adjusted) of $0.89 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $3.5B. 

    Tyson Foods Inc. (TSN), due to announce earnings after the market closes today, is expected to report earnings of 1.49 per share from revenues of $10.84B recently concluded three-month period.

  • 9 Trending Stocks in Travel Services Industry That Can Be A Good Bets

    9 Trending Stocks in Travel Services Industry That Can Be A Good Bets

    The travel industry is the largest industry in the world and in today’s modern age this is the most important industry. The present-day global traveling industry is facing multiple challenges. To gain a competitive edge, the travel industry should focus on the new tech trends and provides its customers with a perfect and unique traveling experience.

    People value the unique experiences they get so the top priority of the travel industry is to focus on the customer’s priorities. Travelers are usually most concerned about budget. They preferred those companies that provide the best services at a low cost. As the travel industry is continuously adopting new trends and improve their offerings, people are more encouraged to travel more.

    Here are the top 9 leading companies in the travel industry which are following new trends:

    Carnival Corporation & plc (NYSE: CCL)

    Carnival Corporation & plc (NYSE: CCL) shares were trading down -6.66% at $14.29 at the time of writing on Monday. Carnival Corporation & plc (NYSE: CCL) share price went from a low point around $7.80 to briefly over $51.94 in the past 52 weeks, though shares have since pulled back to $14.29. CCL market cap has remained high, hitting $12.57B at the time of writing, giving it a price-to-sales ratio of more than 0.

    Carnival Corporation & Plc’s CCL Princess Cruises recently disclosed the sale of two of its ships including Sun Princess and Sea Princess. However, the company has not revealed the name of the buyer.
    If we look at the recent analyst rating CCL, HSBC Securities downgraded coverage on CCL shares with a Hold rating and a $15.65 price target, which implies room for 1.36% upside momentum this year.

    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH)

    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) last closed at $14.99, in a 52-week range of $7.03 to $59.78. Analysts have a consensus price target of $16.96. Norwegian Cruise Line Holdings Ltd. (NCLH) has marked the passing of its founders, Knut Kloster, at the age of 91 on Sept. 20, 2020. In his honor the Company will dedicate a section of its yet-to-open terminal at PortMiami in Miami, Fla. and introduce an annual team member recognition award in memory of his humanitarian, environmentalist, and innovative spirit.

    Royal Caribbean Group (NYSE: RCL)

    Royal Caribbean Group (NYSE: RCL) stock drop by -7.24% to $60.71. The most recent rating by SunTrust, on July 14, 2020, is at a Hold. Royal Caribbean Group (RCL) has earlier set a panel which has submitted a report to the U.S. Centers for Disease Control and Prevention (CDC) detailing health and safety protocols. The Royal Caribbean is expecting to set sail again after a long halt due to the COVID-19 pandemic.

    TripAdvisor Inc. (NASDAQ: TRIP)

    TripAdvisor Inc. (NASDAQ: TRIP) shares headed falling, lower as much as -6.17%. The most recent rating by BTIG Research, on June 11, 2020, is at a Neutral. TripAdvisor Inc. has launched Tripadvisor Navigator which is a proprietary first-party data platform delivering audience targeting, insights, and performance reporting. This company has a total market capitalization of $2.66 billion at the time of writing.

    Expedia Group Inc. (NASDAQ: EXPE)

    Expedia Group Inc. (NASDAQ: EXPE) fall -2.68% after losing more than -$2.51 on Monday. Expedia Group Inc. (EXPE) has launched the new versions of the Brand Expedia, Hotwire and Vrbo iOS apps to take advantage of the capabilities available in iOS 14. The features will unlock new ways to view the latest travel deals with Hotwire, and easily access upcoming reservation details booked through Brand Expedia and Vrbo.

    Travelzoo (NASDAQ: TZOO)

    Travelzoo (NASDAQ: TZOO) last closed at $6.38, in a 52-week range of $3.04 to $12.40. Analysts have a consensus price target of $11.25. Travelzoo (TZOO) has moved up 110.18% from its 52-weeks low and moved down -48.45% from its 52-weeks high. This company market capitalization has remained high, hitting $76.62 million at the time of writing.

    Booking Holdings Inc. (NASDAQ: BKNG)

    Booking Holdings Inc. (NASDAQ: BKNG) stock drop by -4.61% to $1652.39. The most recent rating by JMP Securities, on August 10, 2020, is at an Mkt outperform. Booking Holdings Inc. (BKNG) share price went from a low point around $1107.29 to briefly over $2094.00 in the past 52 weeks, though shares have since pulled back to $1640.37. Booking Holdings Inc. market cap has remained high, hitting $69.81 B at the time of writing,

    Lindblad Expeditions Holdings Inc. (NASDAQ: LIND)

    Lindblad Expeditions Holdings Inc. (NASDAQ: LIND) shares headed falling, lower as much as -8.55%. The most recent rating by Sidoti, on April 13, 2020, is at a Neutral. Lindblad Expeditions Holdings Inc. (LIND) share price went from a low point around $3.01 to briefly over $18.34 in the past 52 weeks, though shares have since pulled back to $9.28. Lindblad Expeditions Holdings Inc.’s market cap has remained high, hitting $472.39 Million at the time of writing.

    Monaker Group Inc. (NASDAQ: MKGI)

    Monaker Group Inc. (NASDAQ: MKGI) fall -4.31% after losing more than -$0.1 on Monday. Monaker Group Inc. (MKGI) shares have fluctuated between the low range of $0.61 and a high range of $3.35 in the past 52-weeks. This company market cap has remained high, hitting $31.68 million.