Puma Biotechnology (PBYI) Reaches New 1-Year High and Low at $50.15

Puma Biotechnology (NASDAQ:PBYI)’s share price reached a new 52-week high and low on Thursday . The stock traded as low as $50.15 and last traded at $51.15, with a volume of 13342 shares trading hands. The stock had previously closed at $51.45.

PBYI has been the subject of several research analyst reports. Zacks Investment Research upgraded Puma Biotechnology from a “sell” rating to a “hold” rating in a report on Friday, January 26th. Credit Suisse Group set a $106.00 price target on Puma Biotechnology and gave the company a “buy” rating in a report on Thursday, April 26th. Stifel Nicolaus set a $95.00 price target on Puma Biotechnology and gave the company a “buy” rating in a report on Friday, March 9th. Barclays cut their price target on Puma Biotechnology from $92.00 to $90.00 and set an “overweight” rating for the company in a report on Friday, March 2nd. Finally, BidaskClub cut Puma Biotechnology from a “buy” rating to a “hold” rating in a report on Friday, January 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $99.20.

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The company has a current ratio of 1.91, a quick ratio of 1.87 and a debt-to-equity ratio of 0.85.

Puma Biotechnology (NASDAQ:PBYI) last announced its earnings results on Wednesday, May 9th. The biopharmaceutical company reported ($0.65) EPS for the quarter, topping the Zacks’ consensus estimate of ($1.26) by $0.61. The company had revenue of $66.50 million during the quarter, compared to analysts’ expectations of $67.33 million. During the same quarter last year, the firm posted ($1.16) EPS. sell-side analysts anticipate that Puma Biotechnology will post -3.83 EPS for the current fiscal year.

Institutional investors have recently made changes to their positions in the company. Teacher Retirement System of Texas boosted its holdings in shares of Puma Biotechnology by 314.1% in the 4th quarter. Teacher Retirement System of Texas now owns 10,129 shares of the biopharmaceutical company’s stock worth $1,001,000 after purchasing an additional 7,683 shares during the period. AXA purchased a new position in Puma Biotechnology during the 4th quarter valued at $1,052,000. C WorldWide Group Holding A S boosted its holdings in Puma Biotechnology by 9.3% during the 1st quarter. C WorldWide Group Holding A S now owns 23,882 shares of the biopharmaceutical company’s stock valued at $1,625,000 after acquiring an additional 2,026 shares during the period. Geode Capital Management LLC boosted its holdings in Puma Biotechnology by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 290,691 shares of the biopharmaceutical company’s stock valued at $28,733,000 after acquiring an additional 7,772 shares during the period. Finally, Castleark Management LLC boosted its holdings in Puma Biotechnology by 90.6% during the 4th quarter. Castleark Management LLC now owns 68,985 shares of the biopharmaceutical company’s stock valued at $6,819,000 after acquiring an additional 32,800 shares during the period. Hedge funds and other institutional investors own 97.95% of the company’s stock.

About Puma Biotechnology

Puma Biotechnology, Inc, a biopharmaceutical company, focuses on the development and commercialization of products to enhance cancer care in the United States. Its drug candidates include PB272 neratinib (oral) for the treatment of early stage breast cancer, metastatic breast cancer, non-small cell lung cancer, HER2 mutation-positive solid tumors, and HER2-mutated non-amplified breast cancer; and PB272 neratinib (intravenous)).

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Advisors' Opinion:

• [By Stephan Byrd]

  Beazer Homes USA (NYSE:BZH) – Wedbush raised their FY2018 earnings per share (EPS) estimates for shares of Beazer Homes USA in a research note issued to investors on Thursday, May 3rd. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings per share of $2.07 for the year, up from their previous estimate of $1.75. Wedbush currently has a “Outperform” rating and a $22.00 target price on the stock. Wedbush also issued estimates for Beazer Homes USA’s Q4 2018 earnings at $1.00 EPS and Q2 2019 earnings at $0.32 EPS.

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Advisors' Opinion:

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Advisors' Opinion:

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Amphenol (APH)

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• [By Ethan Ryder]

  Robeco Institutional Asset Management B.V. increased its holdings in shares of Amphenol (NYSE:APH) by 4.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,105,805 shares of the electronics maker’s stock after buying an additional 47,719 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Amphenol were worth $95,258,000 at the end of the most recent quarter.

• [By Ethan Ryder]

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Advisors' Opinion:

• [By Joseph Griffin]

  A number of hedge funds have recently made changes to their positions in the business. Beutel Goodman & Co Ltd. acquired a new position in Colliers International Gr during the fourth quarter valued at approximately $117,633,000. Renaissance Technologies LLC lifted its position in Colliers International Gr by 4.5% during the fourth quarter. Renaissance Technologies LLC now owns 859,200 shares of the financial services provider’s stock valued at $51,856,000 after buying an additional 36,800 shares in the last quarter. Mackenzie Financial Corp lifted its position in Colliers International Gr by 305.1% during the fourth quarter. Mackenzie Financial Corp now owns 305,329 shares of the financial services provider’s stock valued at $18,427,000 after buying an additional 229,960 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Colliers International Gr by 31.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 261,450 shares of the financial services provider’s stock valued at $15,779,000 after buying an additional 62,834 shares in the last quarter. Finally, Deutsche Bank AG lifted its position in Colliers International Gr by 25.2% during the fourth quarter. Deutsche Bank AG now owns 234,768 shares of the financial services provider’s stock valued at $14,168,000 after buying an additional 47,253 shares in the last quarter. 72.69% of the stock is currently owned by hedge funds and other institutional investors.

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• [By Logan Wallace]

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• [By Joseph Griffin]

  Colliers International Gr (NASDAQ: CIGI) and Getty Realty (NYSE:GTY) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.

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Advisors' Opinion:

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  Cypress Energy Partners (NYSE: CELP) and Compressco Partners (NASDAQ:CCLP) are both small-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, analyst recommendations and dividends.

Top 10 Safest Stocks To Watch Right Now: Digirad Corporation(DRAD)

Advisors' Opinion:

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  Some of these are even smaller nano-caps, such as medical device maker Digirad (Nasdaq: DRAD), whose entire market value is just $36 million.

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Advisors' Opinion:

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Advisors' Opinion:

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• [By Ethan Ryder]

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• [By ]

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Advisors' Opinion:

• [By Reuben Gregg Brewer]

  For an example of just how important this is, take a look at the graph below. Midstream companies ONEOK Inc. (NYSE:OKE), Magellan Midstream Partners LP�(NYSE:MMP), and Enterprise Products Partners L.P. (NYSE:EPD) have each increased their disbursements for more than a decade. However, there is a difference in the growth rates over time. Enterprise's 10-year annualized distribution increase was 5.7%, Magellan's was 10.9%, and ONEOK's dividend rose at an annualized 16.1% clip. Just a few percentage points here makes a huge difference in the growth of the disbursement over time, as the chart below clearly shows.

• [By Shane Hupp]

  ONEOK (NYSE:OKE) – Analysts at US Capital Advisors raised their FY2018 EPS estimates for ONEOK in a research report issued to clients and investors on Monday, May 14th. US Capital Advisors analyst B. Followill now anticipates that the utilities provider will post earnings of $2.74 per share for the year, up from their previous forecast of $2.56. US Capital Advisors also issued estimates for ONEOK’s Q4 2018 earnings at $0.74 EPS and FY2019 earnings at $2.95 EPS.

• [By Lee Jackson]

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Top 10 Safest Stocks To Watch Right Now: Methanex Corporation(MEOH)

Advisors' Opinion:

• [By VantagePoint]

  Methanex Corporation (NASDAQ: MEOH) has experienced some recent weakness, but according to the chart below the stock is still in a clear uptrend. Since experiencing a bullish crossover on March 16 following some consolidation, the stock is up 20 percent. Look out for its next earnings report on April 26. 

• [By Stephan Byrd]

  Advisors Preferred LLC bought a new stake in shares of Methanex (NASDAQ:MEOH) (TSE:MX) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,703 shares of the specialty chemicals company’s stock, valued at approximately $103,000.

Canada Goose Holdings: Its Beginning To Spread Its Wings

Canada Goose Holdings (GOOS) is breaking out higher on stronger fundamental operations. The company continues to experience strong demand for its products, alongside management improving on its operational efficiency, driving bottom-line performance. Its share price is breaking out higher after months of consolidation. I am buying stock in this name as its fundamentals justify further price appreciation.

Fundamental Narrative

GOOS looks attractively positioned at current levels as it is experiencing strong demand for its products, driving top-line growth, alongside management's improved efficiency, similarly driving its bottom-line higher.

The company designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the United States, and internationally. They operate in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons. The company sells its products through online retailers and distributors; and its e-commerce sites and retail stores.

Over the most recent quarter, revenue increased by 27.2% to 265.8 million, driven by growth across all channels, geographies and categories, signaling the company's impressive growth trajectory. Direct-to-consumer or D2C revenue came in at 131.6 million including strong performance from its four new stores which opened during the quarter as well as continued strength from its existing e-commerce sites and stores, according to its earnings call. As a percentage of total revenue, D2C was 49.5% compared to 34.4% last year, signaling that its operations are quickly migrating towards such channels.

Demand for its products remains high as customers across all regions and climates have responded well to the innovation and quality of the product in its fall/winter line, according to management.

GOOS saw strong sales in both core and new styles across both its men's and women's businesses in recent quarters. For example, its classic expedition parka is a style that they have offered for decades yet sales continue to increase year over year, according to its earnings call. At the same time, the company continues to see growing demand for its lightweight down product, another testament to its increasing relevance in more temperate climates, as well as its ability to successfully expand its product ramp.

According to management, more people today see outerwear as a prominent part of their wardrobe, not just buying one fall or winter coat anymore. Customers are looking for a variety different colors, silhouettes and fits, leading GOOS to introduce over 30 new styles in recent years. Another example of this is the company's Fusion Fit, introduced in 2014 to address the diversity of body frames around the world. The brand has been growing steadily since its launch with significant unit growth in recent quarters, according to its earnings call.

As far as geographic growth, expanding internationally is an important part of its growth strategy with management executing well so far. They grew revenue significantly in all of its geographic segments over the last quarter, on top of robust growth in its home market. Over the past year, GOOS has had customers from 87 different countries. Meanwhile, when you look at its penetration level in Canada, which continues to grow at a very healthy rate, it is clear that they continue to have a compelling opportunity to drive growth while expanding access to its product around the world, according to its earnings call.

More specifically, there also looks to be opportunity in China with continued demand potential in that market. In its stores and online, the company has experienced exceptional demand from Chinese tourists, students and/or residents, which has helped inform management's understanding of the end market opportunity there and how to best meet those needs. Its strategy looks to be set, with management already executing on its go-to-market strategy in China, working diligently to reach wholesale e-commerce and store pieces in place.

Below is a chart of both GOOS's revenue and earnings per share. Over the last two years, both revenue and EPS have risen significantly, signaling strong demand for the company's products, as well as management's improving efficiency. Revenue has roughly doubled, while its EPS fell to near zero, now reaching nearly $0.5 in EPS. Improving fundamental results should continue to fuel improving investor sentiment in coming quarters.

Price Action

GOOS's share price has been in a steady trend higher alongside strong demand for its products. Although its trend has been stable, recent broader market volatility led to a consolidation in the company's share price, creating a buying opportunity. A combination of stabilizing equity markets and strong earnings results led GOOS to breakout above its $38 level, which had acted as a resistance area in recent months. Its price momentum should continue in coming quarters as its operational results are fueling the current trend higher.

Conclusion

GOOS is breaking out higher on stronger fundamental operations. The company continues to experience strong demand for its products, with management improving on its operational efficiency, driving bottom-line performance. Its share price is breaking out higher after months of consolidation. I am buying stock in this name as its fundamentals justify further price appreciation.

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The Mosaic Company (MOS) Shares Sold by Swiss National Bank

Swiss National Bank cut its stake in The Mosaic Company (NYSE:MOS) by 13.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,066,065 shares of the basic materials company’s stock after selling 162,000 shares during the period. Swiss National Bank owned approximately 0.30% of The Mosaic worth $25,884,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its position in shares of The Mosaic by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 3,731,386 shares of the basic materials company’s stock worth $95,552,000 after acquiring an additional 117,536 shares during the last quarter. Guggenheim Capital LLC raised its holdings in The Mosaic by 4.4% in the fourth quarter. Guggenheim Capital LLC now owns 2,505,676 shares of the basic materials company’s stock valued at $64,294,000 after buying an additional 105,273 shares during the period. Global Thematic Partners LLC raised its holdings in The Mosaic by 49.9% in the fourth quarter. Global Thematic Partners LLC now owns 2,325,030 shares of the basic materials company’s stock valued at $59,660,000 after buying an additional 773,747 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in The Mosaic by 4.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 2,131,660 shares of the basic materials company’s stock valued at $54,699,000 after buying an additional 81,486 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in The Mosaic by 324.4% in the fourth quarter. Renaissance Technologies LLC now owns 2,019,600 shares of the basic materials company’s stock valued at $51,823,000 after buying an additional 1,543,700 shares during the period. 80.79% of the stock is currently owned by institutional investors and hedge funds.

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Several research firms recently commented on MOS. Cowen raised their price target on shares of The Mosaic from $32.00 to $35.00 and gave the company an “outperform” rating in a report on Friday. Stephens began coverage on shares of The Mosaic in a report on Friday, February 2nd. They issued an “overweight” rating on the stock. BMO Capital Markets restated a “market perform” rating and issued a $26.00 price target (up previously from $24.00) on shares of The Mosaic in a report on Wednesday, February 21st. Zacks Investment Research lowered shares of The Mosaic from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 1st. Finally, Bank of America raised their price target on shares of The Mosaic from $20.00 to $24.00 and gave the company an “underperform” rating in a report on Wednesday, February 21st. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. The Mosaic has a consensus rating of “Hold” and a consensus price target of $27.37.

In other news, Director Kelvin R. Westbrook acquired 1,200 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were bought at an average price of $27.63 per share, for a total transaction of $33,156.00. Following the completion of the purchase, the director now directly owns 1,200 shares of the company’s stock, valued at approximately $33,156. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Robert L. Lumpkins acquired 4,655 shares of the company’s stock in a transaction dated Wednesday, May 2nd. The shares were purchased at an average price of $27.14 per share, for a total transaction of $126,336.70. Following the purchase, the director now directly owns 13,994 shares of the company’s stock, valued at $379,797.16. The disclosure for this purchase can be found here. Company insiders own 0.45% of the company’s stock.

MOS opened at $27.91 on Friday. The company has a market cap of $10.80 billion, a PE ratio of 25.61, a PEG ratio of 2.75 and a beta of 1.25. The Mosaic Company has a 52-week low of $19.23 and a 52-week high of $29.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.80 and a current ratio of 1.73.

The Mosaic (NYSE:MOS) last posted its quarterly earnings data on Monday, February 19th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.07. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $1.91 billion. The Mosaic had a negative net margin of 0.82% and a positive return on equity of 4.44%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.03 earnings per share. equities research analysts predict that The Mosaic Company will post 1.46 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 21st. Stockholders of record on Thursday, June 7th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Wednesday, June 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.36%. The Mosaic’s dividend payout ratio is currently 9.17%.

The Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names.

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Lior Handelsman Sells 59,298 Shares of SolarEdge (SEDG) Stock

SolarEdge (NASDAQ:SEDG) VP Lior Handelsman sold 59,298 shares of the stock in a transaction dated Monday, May 14th. The shares were sold at an average price of $68.77, for a total value of $4,077,923.46. Following the completion of the sale, the vice president now directly owns 94,943 shares of the company’s stock, valued at approximately $6,529,230.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Lior Handelsman also recently made the following trade(s):

Get SolarEdge alerts: On Friday, May 11th, Lior Handelsman sold 32,548 shares of SolarEdge stock. The shares were sold at an average price of $63.54, for a total value of $2,068,099.92.

SolarEdge remained flat at $$66.60 during trading hours on Friday, according to Marketbeat Ratings. The company had a trading volume of 313,565 shares, compared to its average volume of 830,262. SolarEdge has a fifty-two week low of $67.35 and a fifty-two week high of $69.75. The firm has a market capitalization of $3.04 billion, a PE ratio of 29.60, a P/E/G ratio of 1.01 and a beta of -0.54.

SolarEdge (NASDAQ:SEDG) last released its earnings results on Wednesday, February 14th. The semiconductor company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.51 by $0.29. SolarEdge had a return on equity of 32.27% and a net margin of 15.06%. The business had revenue of $189.34 million during the quarter, compared to analysts’ expectations of $179.78 million. equities analysts expect that SolarEdge will post 2.78 EPS for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd acquired a new stake in SolarEdge during the fourth quarter worth approximately $102,000. Meadow Creek Investment Management LLC acquired a new stake in SolarEdge during the fourth quarter worth approximately $109,000. Sei Investments Co. grew its stake in SolarEdge by 114.4% during the first quarter. Sei Investments Co. now owns 3,107 shares of the semiconductor company’s stock worth $163,000 after purchasing an additional 1,658 shares during the period. Elkfork Partners LLC acquired a new stake in SolarEdge during the fourth quarter worth approximately $190,000. Finally, Highbridge Capital Management LLC acquired a new stake in SolarEdge during the first quarter worth approximately $203,000. 67.17% of the stock is owned by institutional investors and hedge funds.

SEDG has been the subject of several recent research reports. Vertical Group raised SolarEdge from a “hold” rating to a “buy” rating in a research note on Thursday, February 15th. Vertical Research raised SolarEdge from a “hold” rating to a “buy” rating in a research note on Thursday, February 15th. BidaskClub cut SolarEdge from a “buy” rating to a “hold” rating in a research note on Friday, February 9th. JPMorgan Chase increased their price target on SolarEdge from $52.00 to $62.00 and gave the company an “overweight” rating in a research note on Monday, March 19th. Finally, UBS initiated coverage on SolarEdge in a research note on Friday, March 16th. They issued a “buy” rating and a $63.00 price target for the company. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $56.00.

SolarEdge Company Profile

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in Israel, the United States, the Netherlands, Europe, and internationally. The company's DC optimized inverter systems include power optimizers and inverters, as well as a cloud-based monitoring platform.