The Versa Is Driving Fitbit's Turnaround

Fitbit (NYSE:FIT) has been on the ropes for several quarters now, as smartwatches broadly cannibalize the basic fitness tracker category that has long been the core of Fitbit's business. The good news is that Fitbit recognized the market's pending transition years ago, and started acquiring defunct companies that contained the technological pieces that could underpin its own smartwatch ambitions. While the first product that came from those efforts (the Ionic) flopped, the second (the Versa) is performing significantly better in the marketplace for wearables.

The company is putting together a turnaround built on top of the Versa.

Versa has much broader appeal than the Ionic. Image source: Fitbit.

Smartwatches now represent over half of revenue

Fitbit reported�second-quarter results last night, noting that the Versa sold out during the quarter. Total revenue came in at $299.3 million, down from $353.3 million a year ago. Devices sold was down year over year, but up sequentially as Versa unit volumes ramped. Fitbit sold 2.7 million devices in the second quarter.

Average selling prices rose to $106, thanks largely to the product mix shifting toward pricier smartwatches. This quarter marked an important inflection point for Fitbit, with smartwatch revenue overtaking basic tracker revenue for the first time. Smartwatches now comprise 55% of total revenue, up from 30% in the first quarter. That's not to say that Fitbit is giving up on the fitness tracker market altogether. CEO James Park still believes that trackers will remain "an important part of wearable categories overall," and still plans on serving that market segment.

At a time when most Wear OS (previously Android Wear) manufacturers are exiting�the market, there aren't too many challengers to Apple's�dominance in smartwatches. "Retailers have been looking for a counterbalance for Apple and Versa has delivered," Park said on the earnings call. Fitbit also noted that Versa outsold all Samsung, Garmin, and Fossil smartwatches combined in North America during the quarter.

The company posted a non-GAAP net loss of $54.2 million, or $0.22 per share. Both top- and bottom-line results came in ahead of expectations, with analysts modeling�for $285.4 million in sales and $0.24 per share in adjusted losses.

Returning to growth and profitability

Looking ahead, guidance for the third quarter calls for revenue in the range of $370 million to $390 million, with a non-GAAP net loss of $0.02 per share to a profit of $0.01 per share. Fitbit is reaffirming its full-year 2018 guidance, with revenue forecast to be approximately $1.5 billion.

Fitbit remains on track with cutting full-year operating expenses. The company previously said it was looking to reduce operating expenses by $60 million compared to 2017 levels, and full-year operating expenses are expected at approximately $740 million. However, Fitbit is boosting its capital expenditures associated with Versa production in order to satisfy better-than-expected demand.

Park expects Fitbit to return to growth and profitability in the second half of the year.

Hot China Stocks To Watch For 2019

tags:SOL,CDTI,NTES,FMCN,TISA,

The stock market has been turbulent since the highs of January. On February 2nd investors panicked over rising interest rate concerns. However the concerns have since grown in scope to include a wide array of topics. Most concerning were tariff war threats between the United States and China and some to Europe and Russia.

So the stock market corrected sharply and we’ve yet to recover the highs since. So the fears are real and are still ongoing even if the headlines have diminished. But Facebook, Inc. (NASDAQ:FB) has had its own set of issues.

FB stock lost over 20% in March over an embarrassing story of data misuse. The media erroneously labeled it as a “breach.” There was no a actual encroachment on data sovereignty but rather a misuse of data by a third party provider. So FB did not directly commit any breaches of contract but nevertheless it happened on their platforms.

FB stock has had a slight bounce up to $159 per share going into its earnings last night. And therein lies my bullish thesis on Facebook stock.

Hot China Stocks To Watch For 2019: Renesola Ltd.(SOL)

Advisors' Opinion:

• [By Joseph Griffin]

  These are some of the media headlines that may have impacted Accern’s scoring:

  Get ReneSola alerts: ReneSola Sells North Carolina Solar Project To Greenbacker (solarindustrymag.com) ReneSola (SOL) Rating Increased to Neutral at Roth Capital (americanbankingnews.com) ReneSola (SOL) Q1 Earnings in Line, Revenues Top Estimates (zacks.com) ReneSola’s (SOL) CEO Xianshou Li on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) ReneSola (SOL) Releases Earnings Results (americanbankingnews.com)

  Shares of ReneSola traded up $0.08, hitting $2.76, during trading on Friday, Marketbeat.com reports. The stock had a trading volume of 124,969 shares, compared to its average volume of 108,565. The firm has a market capitalization of $102.11 million, a PE ratio of 21.23 and a beta of 2.05. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.36. ReneSola has a 12 month low of $2.12 and a 12 month high of $3.79.

Hot China Stocks To Watch For 2019: Clean Diesel Technologies Inc.(CDTI)

Advisors' Opinion:

• [By Stephan Byrd]

  Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

  Get Molecular Templates alerts: Trading Center: Watching the Levels for Molecular Templates, Inc. (:MTEM): Move of 0.02 Since the Open (stocknewscaller.com) Molecular Templates (MTEM) Announces Clinical Data at 2018 ASCO Meeting (streetinsider.com) Gallbladder Cancer Treatment Sales Market Size by Players, Regions, Type, Application and Forecast to 2025 (exclusivereportage.com) ATR in spotlight EnSync, Inc. (NYSE:ESNC), CDTi Advanced Materials, Inc. (NASDAQ:CDTI), Molecular Templates, Inc … (stocksnewspoint.com)

  MTEM has been the subject of several research analyst reports. ValuEngine lowered shares of Molecular Templates from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Zacks Investment Research raised shares of Molecular Templates from a “sell” rating to a “hold” rating in a research report on Thursday, June 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $5.20.

Hot China Stocks To Watch For 2019: Netease.com Inc.(NTES)

Advisors' Opinion:

• [By Joseph Griffin]

  Here are some of the media headlines that may have effected Accern Sentiment’s analysis:

  Get NetEase alerts: Marvel Introduces Their First Official Chinese Superheroes (huffingtonpost.com) NetEase, Inc. (NTES) year to date performance remained at -22.66% (nasdaqfortune.com) Marvel get its first official Chinese superheroes (bbc.co.uk) Why to Follow this Stock? NetEase, Inc. (NTES) (nysestocks.review) Marvel’s first Chinese superheroes are coming��and here are their superpowers (quartzy.qz.com)

  A number of research firms recently weighed in on NTES. BidaskClub cut NetEase from a “hold” rating to a “sell” rating in a report on Tuesday, March 27th. Jefferies Group reduced their price target on NetEase from $335.00 to $310.00 and set a “hold” rating for the company in a report on Tuesday, April 10th. CLSA raised NetEase from a “sell” rating to an “underperform” rating in a report on Thursday, February 8th. Zacks Investment Research raised NetEase from a “sell” rating to a “hold” rating in a report on Thursday, March 8th. Finally, JPMorgan Chase began coverage on NetEase in a report on Thursday, April 12th. They issued an “underweight” rating and a $240.00 price target for the company. Five research analysts have rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. NetEase currently has a consensus rating of “Hold” and a consensus price target of $337.47.

• [By Max Byerly]

  KAMES CAPITAL plc decreased its holdings in shares of NetEase (NASDAQ:NTES) by 68.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,800 shares of the technology company’s stock after selling 39,277 shares during the period. KAMES CAPITAL plc’s holdings in NetEase were worth $4,991,000 at the end of the most recent reporting period.

• [By Dan Caplinger]

  Investors in NetEase (NASDAQ:NTES) have generally seen their company benefit from a strong environment in the Chinese video game industry. Impressive growth in revenue and profits in past years helped fuel impressive gains for NetEase shares, and the appetite for more from consumers in China and elsewhere has seemed insatiable. Yet in every growth stock's experience, a company eventually starts to face challenges in sustaining growth, and the key question becomes what that company does to restart its growth engines.

• [By Dan Caplinger]

  Thursday was a relatively quiet day on Wall Street, and action in different parts of the market showed mixed signals for investors. On one hand, small-cap stocks moved higher, with key benchmarks in that area hitting record highs. Yet the better-known large-cap stock indexes like the S&P 500 gave up early gains. Looking more closely at individual stocks, some companies suffered from bad news that sent their shares falling. J.C. Penney (NYSE:JCP), NetEase (NASDAQ:NTES), and Jounce Therapeutics (NASDAQ:JNCE) were among the worst performers on the day. Here's why they did so poorly.

Hot China Stocks To Watch For 2019: Focus Media Holding Limited(FMCN)

Advisors' Opinion:

• [By Stephan Byrd]

  An issue of Focus Media Holding Limited (NASDAQ:FMCN) bonds fell 0.9% against their face value during trading on Monday. The high-yield debt issue has a 7.25% coupon and will mature on April 1, 2023. The bonds in the issue are now trading at $99.13 and were trading at $98.13 last week. Price moves in a company’s bonds in credit markets sometimes anticipate parallel moves in its share price.

• [By Stephan Byrd]

  An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.1% against its face value during trading on Tuesday. The debt issue has a 7.5% coupon and is set to mature on April 1, 2025. The debt is now trading at $97.63 and was trading at $98.50 last week. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price.

Hot China Stocks To Watch For 2019: Top Image Systems Ltd.(TISA)

Advisors' Opinion:

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on Top Image Systems (TISA)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

LegacyTexas Financial Group (LTXB) Raised to Outperform at Raymond James

LegacyTexas Financial Group (NASDAQ:LTXB) was upgraded by stock analysts at Raymond James from a “market perform” rating to an “outperform” rating in a research note issued to investors on Wednesday, The Fly reports.

Several other equities analysts have also commented on the company. ValuEngine raised LegacyTexas Financial Group from a “hold” rating to a “buy” rating in a research report on Friday, April 6th. Zacks Investment Research lowered LegacyTexas Financial Group from a “hold” rating to a “sell” rating in a research report on Friday, April 20th. BidaskClub lowered LegacyTexas Financial Group from a “hold” rating to a “sell” rating in a research report on Wednesday, June 13th. Keefe, Bruyette & Woods lowered LegacyTexas Financial Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 18th. Finally, Stephens reaffirmed a “hold” rating and issued a $41.00 price target on shares of LegacyTexas Financial Group in a research report on Wednesday, April 18th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $48.00.

Get LegacyTexas Financial Group alerts:

Shares of LegacyTexas Financial Group stock opened at $39.02 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 0.75. The firm has a market cap of $1.88 billion, a price-to-earnings ratio of 17.90, a PEG ratio of 1.40 and a beta of 1.36. LegacyTexas Financial Group has a 12 month low of $34.58 and a 12 month high of $46.45.

LegacyTexas Financial Group (NASDAQ:LTXB) last announced its quarterly earnings data on Tuesday, July 17th. The financial services provider reported $0.59 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.09). The firm had revenue of $94.78 million for the quarter, compared to analysts’ expectations of $94.05 million. LegacyTexas Financial Group had a net margin of 23.15% and a return on equity of 11.46%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.60 EPS. sell-side analysts anticipate that LegacyTexas Financial Group will post 2.78 EPS for the current year.

In other news, Director George A. Fisk sold 5,000 shares of LegacyTexas Financial Group stock in a transaction dated Tuesday, May 22nd. The stock was sold at an average price of $44.42, for a total value of $222,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.20% of the stock is owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of LegacyTexas Financial Group by 289.9% in the 1st quarter. Royal Bank of Canada now owns 536,333 shares of the financial services provider’s stock worth $22,965,000 after purchasing an additional 398,768 shares during the last quarter. Teachers Advisors LLC raised its position in shares of LegacyTexas Financial Group by 0.9% in the 4th quarter. Teachers Advisors LLC now owns 152,669 shares of the financial services provider’s stock worth $6,444,000 after purchasing an additional 1,375 shares during the last quarter. California Public Employees Retirement System raised its position in shares of LegacyTexas Financial Group by 5.8% in the 4th quarter. California Public Employees Retirement System now owns 48,176 shares of the financial services provider’s stock worth $2,034,000 after purchasing an additional 2,647 shares during the last quarter. Prudential Financial Inc. raised its position in shares of LegacyTexas Financial Group by 2.0% in the 1st quarter. Prudential Financial Inc. now owns 75,722 shares of the financial services provider’s stock worth $3,242,000 after purchasing an additional 1,520 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in shares of LegacyTexas Financial Group in the 4th quarter worth about $205,000. 85.42% of the stock is owned by hedge funds and other institutional investors.

LegacyTexas Financial Group Company Profile

LegacyTexas Financial Group, Inc operates as the holding company for LegacyTexas Bank that provides various banking products and services in the United States. Its deposit products include interest-bearing and non-interest-bearing demand accounts, savings, money market, certificates of deposit, and individual retirement accounts.

Further Reading: What does earnings per share mean?

3 Dividend Stocks That Put More Money in Your Pocket Each Quarter

Many of the best dividend growth stocks give their investors a raise each year. However, some companies take that to another level by handing their investors more money every single quarter. Three companies with a history of putting more money into their investors' pockets every three months are Shell Midstream Partners (NYSE:SHLX), Western Gas Partners (NYSE:WES), and Valero Energy Partners (NYSE:VLP).

Topped off the tank to continue growing

Shell Midstream Partners is a master limited partnership (MLP) formed by big oil giant Royal Dutch Shell (NYSE:RDS-A)(NYSE:RDS-B) in late 2014 to own, operate, develop, and acquire midstream infrastructure in the U.S. to support its operations. Since that time, Shell has dropped down several assets to Shell Midstream Partners, which has helped grow the MLP's cash flow. That rising income stream has enabled Shell Midstream to increase its distribution to investors each quarter since its formation -- 13 times overall -- including a 20% raise in the last year alone. Currently, the company's payout yields an attractive 6.1%, which it supports with solid financial metrics, including a comfortable 1.1 times coverage ratio in the first quarter.

Image source: Getty Images.

That growth streak appears poised to continue, with Shell Midstream expecting to increase its payout by another 20% for 2018. Driving that forecast is the recent acquisition of an interest in the Amberjack Pipeline Company, which at $1.22 billion is the MLP's largest deal to date. That transaction will not only supply the company with more income in the near term, but future growth as volumes ramp up from new expansion projects. Meanwhile, Shell Midstream has plenty of growth�potential up ahead since Shell operates several other midstream assets that it can drop down to its MLP in the coming years.

A building boom should keep this dividend growth streak alive

Western Gas Partners, like Shell Midstream, is also an MLP with an oil-producing parent, in this case�Anadarko Petroleum (NYSE:APC). That relationship has enabled Western Gas Partners to steadily grow cash flow and its distribution, initially via dropdown acquisitions and more recently from organic expansion projects. Those dual fuels enabled the MLP to increase its payout for 36 consecutive quarters.

At the moment, Western Gas' distribution yields an impressive 7.6%. While the company only covered that payout with cash flow by a tight 1.05 times in the first quarter, it expects coverage to expand to a more comfortable 1.2 times in the second half of the year as expansion projects begin entering services. Overall, the company is undergoing the largest expansion program in its history at up to $1.4 billion, which sets the stage for it to continue increasing the payout each quarter through at least the end of next year. In the meantime, Anadarko still operates a few midstream assets that it could drop down to its MLP, which adds further clarity to Western Gas' growth prospects.

Image source: Getty Images.

All the fuel it needs to keep going

While Valero Energy Partners is also an MLP, its parent, Valero Energy (NYSE:VLO), refines oil as opposed to producing it. However, it still operates similar assets as the other MLPs and has the same growth drivers. The main fuel driving its distribution growth -- which is now up to 13 consecutive quarters -- is a steady diet of acquisitions from Valero.

Currently, Valero Energy Partners yields 5.5%, which the MLP covers with cash flow by a very conservative 1.6 times. Because of that, the company is well positioned to grow its payout 20% this year without needing to make any additional acquisitions from Valero. The refining giant, though, does still have several operating midstream assets that it could drop down to its MLP as well as others currently under construction, leaving plenty of fuel to continue growing Valero Energy Partners' distribution.

Compelling income options

Thanks to their supportive parents, these MLPs have been able to increase their distributions to investors every quarter for the past several years. All of them expect to continue growing those income streams at a healthy rate this year and appear to have plenty of fuel to keep growing in future years. That makes them all worthwhile options for income-seeking investors to consider.

Top 10 Canadian Stocks To Own Right Now

tags:BRD,CM,TRP,VRX,CS,ARG,WFC,PBH,SWY,THO,

Last month, Kinder Morgan (NYSE:KMI) announced the news that it was selling its largest growth project to the Canadian government. While the company received fair companion for the Trans Mountain Pipeline and its controversial expansion project, the deal slashed its expansion project backlog in half, leaving some disappointed investors wondering where the company might get its next growth boost. One source they seem to have overlooked is the Permian Basin, which will require billions of dollars worth of new infrastructure in the coming years to meet the extraction industry's needs.

A gusher of gas in the forecast

Last year, oil and gas companies in the Permian Basin produced roughly 7 billion cubic feet of natural gas per day (BCF/D). In 2018, that's expected to rise to an estimated 8.7 BCF/D, according to analysis from Woods Mackenzie, and another 1 BCF/D of gas output is expected to be tacked on in 2019. With a decade, the Permian could produce as much as 14 BCF/D, or twice last year's output. That forecast suggests the industry will need to significantly increase its capacity to process and transport all that natural gas. It's a mammoth opportunity that's right in Kinder Morgan's wheelhouse, since it is already the largest natural gas pipeline company in the country,� transporting 40% of the nation's average daily volume.

Top 10 Canadian Stocks To Own Right Now: Apollo Gold Corporation(BRD)

Advisors' Opinion:

• [By Joseph Griffin]

  Bread (CURRENCY:BRD) traded 2.1% lower against the U.S. dollar during the 24-hour period ending at 21:00 PM Eastern on May 27th. One Bread token can currently be bought for $0.46 or 0.00006320 BTC on popular cryptocurrency exchanges including Cobinhood, Binance and OKEx. Bread has a market capitalization of $40.78 million and $4.40 million worth of Bread was traded on exchanges in the last day. During the last seven days, Bread has traded down 28.2% against the U.S. dollar.

• [By Ethan Ryder]

  Bread (CURRENCY:BRD) traded 10.1% lower against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on May 6th. Bread has a market cap of $73.13 million and approximately $1.09 million worth of Bread was traded on exchanges in the last 24 hours. One Bread token can currently be purchased for about $0.82 or 0.00008683 BTC on popular exchanges including OKEx, Binance and Cobinhood. In the last seven days, Bread has traded 3.3% higher against the U.S. dollar.

Top 10 Canadian Stocks To Own Right Now: Canadian Imperial Bank of Commerce(CM)

Advisors' Opinion:

• [By Motley Fool Staff]

  Canadian Imperial Bank of Commerce (NYSE:CM)Q2 2018 Earnings Conference CallMay 23, 2018, 8:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Stephan Byrd]

  Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.

• [By Joseph Griffin]

  Canadian Imperial Bank of Commerce (NYSE: CM) and Foreign Trade Bank of Latin America (NYSE:BLX) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, institutional ownership, risk and valuation.

• [By Max Byerly]

  Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 54.3% in the first quarter, HoldingsChannel reports. The firm owned 911,300 shares of the bank’s stock after buying an additional 320,800 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 1.0% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 19th largest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Canadian Imperial Bank of Commerce were worth $103,633,000 as of its most recent filing with the Securities and Exchange Commission.

• [By Garrett Baldwin]

  We're about to reveal a little wealth secret that could unlock the trade of a lifetime.�Money Morning�Special Situation Strategist Tim Melvin takes you inside what could easily be a 10-bagger for investors in the weeks ahead.�Read more right here.

  The Top Stock Market Stories for Tuesday The Euro has plunged to its lowest point against the U.S. dollar in 2018 thanks to political problems in Europe. The breakdown of power in Italy has raised new concerns about the nation��s ability to repay its debts, as the spread between German and Italian bonds has widened. Market instability has also spread to Spain where the nation��s parliament is preparing to vote on whether to oust Prime Minister Mariano Rajoy and his party. Oil prices slid one news that OPEC and Russia will consider hikes in production during a meeting in Vienna, Austria on June 22nd. The news accompanied reports that U.S. production is expected to rise throughout the summer. The price of WTI oil sat at $67.20 per barrel. The Brent crude oil price recovered this morning, adding 1% to hit $76.12. Canadian banks are under pressure this morning over a major breach by cyber criminals. The Bank of Montreal (NYSE: BMO) and the Canadian Imperial Bank of Commerce (NYSE: CM) �� the two largest banking institutions in the country �� announced that roughly 90,000 customers�� data may have been stolen. This would be the first major cybersecurity event to happen in Canada involving financial firms. Three Stocks to Watch Today: CRM, SBUX, MOMO com (NYSE: CRM) will lead a busy day of earnings reports on Wall Street. The cloud computing giant is set to report fiscal first quarter 2019 numbers after the bell on Tuesday. The average analyst projection calls for a 46% jump in EPS of $0.46 on top of a 23% gain in revenue to $2.94 billion. Starbucks�� Corporation (Nasdaq: SBUX) will temporarily close about 8,000 locations on Tuesday to train roughly 175,000 employees on racial bias. The training sessions were

Top 10 Canadian Stocks To Own Right Now: Transcananda Pipelines Ltd.(TRP)

Advisors' Opinion:

• [By Jason Hall]

  Priestley:�Yeah,�absolutely. The last company is also on this natural gas trend,�it's TransCanada (NYSE:TRP), ticker TRP. It's a�Canadian energy infrastructure company. They have assets in the U.S.,�Canada, obviously, and Mexico. They�operate 40,000 miles of natural gas pipeline. A�notable project that they operate is the Keystone XL Pipeline and the�Keystone Pipeline system. It�also has interests in 20 power�generation facilities,�mostly in Canada. And, they have significant scale as a midstream company. I kind of like these midstream players, because they're really winners,�so to speak, in a lot of respects. A lot of the contracts that they make with the oil refiners or the oil�companies themselves are 15-20-year contracts.

• [By Dustin Parrett]

  TransCanada Corp. (NYSE: TRP) just achieved a perfect Money Morning stock VQScore��, making it a profit powder keg waiting to ignite…

  TransCanada is a Canadian oil and gas pipeline company, most famous for its development of the Keystone XL pipeline connecting Canadian oil fields to major hubs in the United States.

• [By Paul Ausick]

  In addition to the Trans Mountain system, two other pipeline projects currently are proposed to move crude oil from Alberta either to the Great Lakes or the Gulf Coast. Enbridge Inc. (NYSE: ENB) is proposing to replace its 50-year old Line 3 system to transport 760,000 barrels a day to Superior, Wisconsin. TransCanada Corp. (NYSE: TRP) has received approval from the Trump administration and would transport 830,000 barrels a day to Nebraska where existing pipelines will take over, sending the crude to U.S. refineries and Gulf Coast terminals.

• [By Matthew DiLallo]

  For years, Canadian pipeline giant TransCanada (NYSE:TRP) has used its master limited partnership (MLP) TC Pipelines (NYSE:TCP) as a source of capital by dropping down assets to that entity in exchange for cash. However, a regulatory policy change earlier in the year hit TC Pipelines hard, which caused the MLP to slash its distribution to investors. These changes have weighed heavily on the MLP's valuation and access to capital. Because of that, TransCanada no longer believes it can use TC Pipelines as a viable funding option.

Top 10 Canadian Stocks To Own Right Now: Valeant Pharmaceuticals International Inc(VRX)

Advisors' Opinion:

• [By Keith Speights]

  Believe it or not, one of the best-performing healthcare stocks so far this year is none other than Valeant Pharmaceuticals International (NYSE:VRX). Longtime loser Valeant is up around 20% year to date -- much better than most healthcare stocks.

• [By Chris Lange]

  When Valeant Pharmaceuticals International Inc. (NYSE: VRX) reported its most recent quarterly results before the markets opened on Wednesday, the company said that it had $0.98 in earnings per share (EPS) on $2.16 billion in revenue. That compares with consensus estimates from Thomson Reuters that called for $0.97 per share and $2.18 billion. The fourth quarter of last year reportedly had EPS of $1.26 and $2.4 billion in revenue.

• [By Craig Jones]

  Steve Sosnick of Interactive Brokers suggested on Bloomberg Markets an options strategy in Valeant Pharmaceuticals Intl Inc (NYSE: VRX).

  The company is going to report earnings next week and Sosnick wants to use elevated implied volatility to sell options. He wants to sell the May 11, 17.50 strike call and buy the May 11, 19 strike call for a total credit of 60 cents.

• [By Shane Hupp]

  First Republic Investment Management Inc. increased its holdings in shares of Valeant Pharmaceuticals Intl Inc (NYSE:VRX) (TSE:VRX) by 4.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 432,093 shares of the specialty pharmaceutical company’s stock after buying an additional 16,891 shares during the quarter. First Republic Investment Management Inc. owned 0.12% of Valeant Pharmaceuticals Intl worth $6,879,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

• [By Lisa Levin] Companies Reporting Before The Bell Dean Foods Company (NYSE: DF) is projected to report quarterly earnings at $0.11 per share on revenue of $1.85 billion. Discovery, Inc. (NASDAQ: DISCA) is expected to report quarterly earnings at $0.44 per share on revenue of $1.99 billion. Jacobs Engineering Group Inc. (NYSE: JEC) is estimated to report quarterly earnings at $0.89 per share on revenue of $3.63 billion. Henry Schein, Inc. (NASDAQ: HSIC) is expected to report quarterly earnings at $0.92 per share on revenue of $3.17 billion. Gartner, Inc. (NYSE: IT) is projected to report quarterly earnings at $0.57 per share on revenue of $926.18 million. The AES Corporation (NYSE: AES) is estimated to report quarterly earnings at $0.24 per share on revenue of $2.98 billion. Expeditors International of Washington, Inc. (NASDAQ: EXPD) is projected to report quarterly earnings at $0.64 per share on revenue of $1.71 billion. US Foods Holding Corp. (NYSE: USFD) is expected to report quarterly earnings at $0.32 per share on revenue of $5.98 billion. DISH Network Corporation (NASDAQ: DISH) is expected to report quarterly earnings at $0.7 per share on revenue of $3.50 billion. Zebra Technologies Corporation (NASDAQ: ZBRA) is estimated to report quarterly earnings at $2.06 per share on revenue of $936.98 million. Camping World Holdings, Inc. (NYSE: CWH) is expected to report quarterly earnings at $0.42 per share on revenue of $1.06 billion. Perrigo Company plc (NYSE: PRGO) is projected to report quarterly earnings at $1.14 per share on revenue of $1.21 billion. Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) is estimated to report quarterly earnings at $0.28 per share on revenue of $23.80 billion. JD.com, Inc. (NYSE: JD) is projected to report quarterly earnings at $0.18 per share on revenue of $15.65 billion. Valeant Pharmaceuticals International, Inc. (NYSE: VRX) is projected to report quarterly earnings at $0.6 per share o
• [By Logan Wallace]

  Valeant Pharmaceuticals International Inc (NYSE:VRX) (TSE:VRX) – Analysts at Jefferies Group reduced their Q3 2018 earnings per share (EPS) estimates for shares of Valeant Pharmaceuticals International in a research report issued to clients and investors on Tuesday, May 8th. Jefferies Group analyst D. Steinberg now anticipates that the specialty pharmaceutical company will earn $0.70 per share for the quarter, down from their prior forecast of $0.73. Jefferies Group currently has a “Buy” rating and a $23.00 target price on the stock. Jefferies Group also issued estimates for Valeant Pharmaceuticals International’s Q4 2018 earnings at $0.71 EPS and FY2022 earnings at $5.50 EPS.

Top 10 Canadian Stocks To Own Right Now: Credit Suisse Group(CS)

Advisors' Opinion:

• [By Shane Hupp]

  Shares of AXA (EPA:CS) have been assigned an average recommendation of “Buy” from the eighteen brokerages that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is €27.18 ($32.35).

• [By Max Byerly]

  AXA (EPA:CS) has been given a €27.50 ($32.74) target price by research analysts at Kepler Capital Markets in a report released on Thursday. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ price target indicates a potential upside of 20.61% from the company’s current price.

• [By Lisa Levin] Gainers Vicor Corporation (NASDAQ: VICR) rose 19.7 percent to $35 in pre-market trading. Vicor posted Q1 earnings of $0.10 per share on sales of $65.2 million. Check-Cap Ltd. (NASDAQ: CHEK) shares rose 13.5 percent to $16.88 in pre-market trading after climbing 104.82 percent on Tuesday. Cree, Inc. (NASDAQ: CREE) shares rose 11.3 percent to $43.81 in pre-market trading as the company reported upbeat results for its third quarter on Tuesday. The Clorox Company (NYSE: CLX) rose 9.6 percent to $125.98 in pre-market trading. Aduro BioTech, Inc. (NASDAQ: ADRO) rose 5.8 percent to $7.25 in pre-market trading after falling 1.44 percent on Tuesday. STMicroelectronics N.V. (NYSE: STM) rose 5.2 percent to $22.42 in pre-market trading after reporting Q1 results. Twitter, Inc. (NYSE: TWTR) rose 5.2 percent to $32.05 in pre-market trading as the company reported stronger-than-expected results for its first quarter on Wednesday. Credit Suisse Group AG (NYSE: CS) rose 5 percent to $17.11 in pre-market trading following strong Q1 results. Harmony Gold Mining Company Limited (NYSE: HMY) shares rose 4.4 percent to $2.02 in pre-market trading. 22nd Century Group, Inc. (NYSE: XXII) rose 4.9 percent to $2.15 in pre-market trading after dropping 8.07 percent on Tuesday. Texas Instruments Incorporated (NASDAQ: TXN) rose 4.1 percent to $102.40 in pre-market trading after the company reported stronger-than-expected earnings for its first quarter on Tuesday. iRobot Corporation (NASDAQ: IRBT) rose 3.3 percent to $61 in pre-market trading following upbeat quarterly earnings.

  Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

• [By Ethan Ryder]

  Credits (CS) is a distributed proof-of-stake (dPOS) token that uses the DPoS hashing algorithm. It was first traded on February 28th, 2015. Credits’ total supply is 249,471,071 tokens and its circulating supply is 137,958,656 tokens. Credits’ official message board is medium.com/@credits. The official website for Credits is credits.com/en. Credits’ official Twitter account is @creditscom and its Facebook page is accessible here. The Reddit community for Credits is /r/CreditsOfficial and the currency’s Github account can be viewed here.

• [By Max Byerly]

  HSBC set a €27.00 ($32.14) price objective on AXA (EPA:CS) in a research report released on Wednesday. The firm currently has a buy rating on the stock.

Top 10 Canadian Stocks To Own Right Now: Airgas Inc.(ARG)

Advisors' Opinion:

• [By Stephan Byrd]

  Argentum (CURRENCY:ARG) traded 3.6% lower against the US dollar during the one day period ending at 19:00 PM ET on May 27th. In the last week, Argentum has traded 2.8% lower against the US dollar. Argentum has a total market capitalization of $1.66 million and approximately $610.00 worth of Argentum was traded on exchanges in the last day. One Argentum coin can currently be purchased for about $0.17 or 0.00002374 BTC on popular cryptocurrency exchanges including Cryptopia and CoinExchange.

Top 10 Canadian Stocks To Own Right Now: Wells Fargo & Company(WFC)

Advisors' Opinion:

• [By Stephan Byrd]

  American International Group Inc. reduced its position in Wells Fargo & Co (NYSE:WFC) by 3.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,414,614 shares of the financial services provider’s stock after selling 49,120 shares during the quarter. American International Group Inc.’s holdings in Wells Fargo & Co were worth $74,140,000 as of its most recent SEC filing.

• [By Paul Ausick]

  Wells Fargo & Co. (NYSE: WFC) dropped out of the top 10 to end the year in 11th place, and Citigroup Inc. (NYSE: C) ranked 13th, as it did in 2016.

• [By Matthew Frankel]

  After Wells Fargo's (NYSE:WFC) fake-accounts scandal was revealed in 2016, Buffett said that the bank remained a compelling long-term investment and that he had no plans to sell any of Berkshire's massive stake. At last year's meeting, Buffett reiterated that while the bank made a big mistake by incentivizing cross-selling, it still was a great company.

• [By Paul Ausick]

  Buffett also stuck by his long-term commitment to Wells Fargo & Co. (NYSE: WFC) which now amounts to about 10% of the bank’s outstanding stock. He almost seemed to excuse the fake account scandal with a comment that what happened at Wells Fargo could have happened to any bank. The scandal was the result of heavy corporate pressure on branch managers to increase sales. As a result, said Buffett, “Wells Fargo is a company that proved the efficacy of incentives and it’s just that they had the wrong incentives.”

Top 10 Canadian Stocks To Own Right Now: Prestige Brand Holdings Inc.(PBH)

Advisors' Opinion:

• [By Lisa Levin] Gainers Turtle Beach Corporation (NASDAQ: HEAR) surged 87.1 percent to $12.98 after the company reported Q1 results and raised its FY18 outlook. ARMO BioSciences, Inc. (NASDAQ: ARMO) shares jumped 66.8 percent to $49.735 after Eli Lilly and Company (NYSE: LLY) announced plans to acquire ARMO BioSciences for $50 per share. vTv Therapeutics Inc. (NASDAQ: VTVT) gained 34 percent to $2.2920 following announcement that the company will pre-specify new subgroup with the FDA and report Phase 3 Part B results in June. Prestige Brands Holdings, Inc. (NYSE: PBH) climbed 22.3 percent to $34.84 after the company posted upbeat Q4 earnings. Depomed, Inc. (NASDAQ: DEPO) shares jumped 22.2 percent to $7.28 following better-than-expected Q1 earnings. Everspin Technologies, Inc. (NASDAQ: MRAM) gained 19.8 percent to $8.89 after the company reported strong results for its first quarter. Luxfer Holdings PLC (NYSE: LXFR) surged 19.8 percent to $17.10 following Q1 results. Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 18.3 percent to $2.26 after French company Total announced plans to acquire 25 percent stake in Clean Energy Fuels for $83.4 million. Intelligent Systems Corporation (NYSE: INS) gained 17 percent to $7.116. Green Dot Corporation (NYSE: GDOT) surged 15.3 percent to $73.00 after reporting upbeat Q1 earnings. The Chefs' Warehouse, Inc. (NASDAQ: CHEF) climbed 15 percent to $28.85. Chefs' Warehouse posted Q1 earnings of $0.03 per share on sales of $318.6 million. Westport Fuel Systems Inc. (NASDAQ: WPRT) rose 14.2 percent to $2.9701. Wright Medical Group N.V. (NASDAQ: WMGI) jumped 13.8 percent to $23.87 after reporting upbeat quarterly earnings. Diplomat Pharmacy, Inc. (NYSE: DPLO) gained 13.4 percent to $22.70. Diplomat named Brian Griffin as Chairman and CEO. Carvana Co. (NYSE: CVNA) shares rose 13 percent to $27.97 after reporting upbeat Q1 sales. Prothena Corporation plc (NASDAQ: PRTA) gained 12 percent to $15.19
• [By Max Byerly]

  Premium Brands Holdings Corp (TSE:PBH) has earned an average recommendation of “Buy” from the seven analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$132.14.

• [By Ethan Ryder]

  Prestige Brands Holdings, Inc. (NYSE:PBH) – Investment analysts at Gabelli cut their FY2019 earnings estimates for shares of Prestige Brands in a research report issued on Tuesday, July 3rd. Gabelli analyst Z. Bodini now anticipates that the company will post earnings of $3.00 per share for the year, down from their prior forecast of $3.05. Gabelli also issued estimates for Prestige Brands’ FY2020 earnings at $3.35 EPS, FY2021 earnings at $3.75 EPS, FY2022 earnings at $4.20 EPS and FY2023 earnings at $4.65 EPS.

• [By Lisa Levin] Gainers Amedica Corporation (NASDAQ: AMDA) rose 31.3 percent to $4.11 in pre-market trading after climbing 181.98 percent on Tuesday. ZAGG Inc (NASDAQ: ZAGG) rose 18.7 percent to $13.65 in pre-market trading after the company posted better-than-expected Q1 earnings. TripAdvisor, Inc. (NASDAQ: TRIP) rose 18.6 percent to $46.00 in pre-market trading after the company reported stronger-than-expected results for its first quarter on Tuesday. TransEnterix, Inc. (NYSE: TRXC) shares rose 15 percent to $2.08 in pre-market trading after reporting Q4 results. Axon Enterprise, Inc. (NASDAQ: AAXN) rose 9.8 percent to $49.00 in pre-market trading following a big Q1 beat. The company raised its fiscal 2018 sales growth guidance from 16-18 percent to 18-20 percent. Centennial Resource Development, Inc. (NASDAQ: CDEV) shares rose 8.1 percent to $21.06 in pre-market trading following Q1 results. OPKO Health, Inc. (NASDAQ: OPK) shares rose 6.8 percent to $3.44 in pre-market trading following Q1 beat. Tel-Instrument Electronics Corp. (NYSE: TIK) rose 6.7 percent to $3.20 in pre-market trading after surging 25.37 percent on Tuesday. KBS Fashion Group Limited (NASDAQ: KBSF) rose 6.4 percent to $5.84 in pre-market trading after jumping 9.36 percent on Tuesday. Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) rose 6.6 percent to $8.26 in pre-market trading after reporting Q2 earnings. New Relic, Inc. (NYSE: NEWR) rose 6.3 percent to $82.00 in pre-market trading following Q4 results. Match Group, Inc. (NASDAQ: MTCH) rose 5.8 percent to $38.43 in pre-market trading after reporting upbeat Q1 earnings. Prestige Brands Holdings, Inc. (NYSE: PBH) rose 5.2 percent to $30.62 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.

Top 10 Canadian Stocks To Own Right Now: Safeway Inc.(SWY)

Advisors' Opinion:

• [By Jim Robertson]

  In addition, Goldcorp��s (NYSE: GG) �l茅onore mine in the heart of the territory along with the Troilus mine (which produced over 2 million ounces of gold from 1997-2010 and is estimated to have another remaining 2 million ounces of reserves) are helping to maintain the interest of junior exploration companies in nearby properties. The same can be said about the Otish Mountains�area following the discovery of diamonds by�Stornoway Diamond Corporation (TSX: SWY) at their Renard diamond mine which is projected to produce 1.5-2 millions carats per year.

Top 10 Canadian Stocks To Own Right Now: Thor Industries Inc.(THO)

Advisors' Opinion:

• [By Joseph Griffin]

  Media headlines about Tahoe Resources (NYSE:TAHO) (TSE:THO) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tahoe Resources earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 45.5394950251654 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

• [By ]

  Thor Industries (THO) : "They had expenses and inventory go up and it's been hurt by both. Those are negatives."

  Hain Celestial Group (HAIN) : "They had a bad quarter with bad guidance. I can't reassure you here. "

• [By Shane Hupp]

  Tahoe Resources Inc (TSE:THO) (NASDAQ:TAHO) has received a consensus rating of “Hold” from the nine brokerages that are covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$8.33.

DigiCube (CUBE) Trading 51.9% Lower Over Last 7 Days

DigiCube (CURRENCY:CUBE) traded down 0.3% against the US dollar during the twenty-four hour period ending at 12:00 PM ET on June 23rd. During the last week, DigiCube has traded down 51.9% against the US dollar. DigiCube has a total market capitalization of $149,052.00 and $2.00 worth of DigiCube was traded on exchanges in the last 24 hours. One DigiCube coin can now be purchased for $0.0001 or 0.00000001 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

Get DigiCube alerts: OmiseGO (OMG) traded 3% lower against the dollar and now trades at $8.03 or 0.00130898 BTC. Wanchain (WAN) traded down 1.7% against the dollar and now trades at $2.51 or 0.00040860 BTC. Ardor (ARDR) traded 2.2% lower against the dollar and now trades at $0.15 or 0.00002407 BTC. Mithril (MITH) traded down 4.8% against the dollar and now trades at $0.37 or 0.00006055 BTC. Raiden Network Token (RDN) traded 2.4% lower against the dollar and now trades at $0.76 or 0.00012415 BTC. Quantum Resistant Ledger (QRL) traded down 5.6% against the dollar and now trades at $0.47 or 0.00007615 BTC. ION (ION) traded 6% lower against the dollar and now trades at $0.84 or 0.00013701 BTC. DECENT (DCT) traded 12.7% lower against the dollar and now trades at $0.33 or 0.00005383 BTC. Fluz Fluz (FLUZ) traded up 0.3% against the dollar and now trades at $0.0211 or 0.00000343 BTC. FidentiaX (FDX) traded down 1.3% against the dollar and now trades at $0.0268 or 0.00000437 BTC.

DigiCube Profile

CUBE uses the hashing algorithm. It launched on March 12th, 2016. DigiCube’s total supply is 2,429,126,009 coins. DigiCube’s official Twitter account is @PurePoS. The official website for DigiCube is www.freestaking.com.

Buying and Selling DigiCube

DigiCube can be bought or sold on these cryptocurrency exchanges: CoinExchange. It is usually not possible to purchase alternative cryptocurrencies such as DigiCube directly using US dollars. Investors seeking to trade DigiCube should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiCube using one of the exchanges listed above.

Alan Thomas Chalmers Hair Buys 10,000 Shares of Hudbay Minerals Inc (HBM) Stock

Hudbay Minerals Inc (TSE:HBM) (NYSE:HBM) Director Alan Thomas Chalmers Hair acquired 10,000 shares of the company’s stock in a transaction dated Thursday, June 21st. The shares were bought at an average price of C$8.01 per share, for a total transaction of C$80,100.00.

TSE HBM traded up C$0.19 on Friday, reaching C$8.15. The stock had a trading volume of 1,174,841 shares, compared to its average volume of 1,796,339. Hudbay Minerals Inc has a 1-year low of C$6.73 and a 1-year high of C$12.65.

Get Hudbay Minerals alerts:

Hudbay Minerals (TSE:HBM) (NYSE:HBM) last issued its quarterly earnings data on Wednesday, May 2nd. The mining company reported C$0.22 EPS for the quarter, missing analysts’ consensus estimates of C$0.26 by C($0.04). Hudbay Minerals had a net margin of 24.07% and a return on equity of 19.07%. The firm had revenue of C$488.78 million during the quarter, compared to analyst estimates of C$515.34 million.

A number of research firms recently weighed in on HBM. Eight Capital decreased their target price on Hudbay Minerals from C$13.50 to C$13.00 in a report on Thursday, April 19th. CIBC decreased their target price on Hudbay Minerals from C$16.00 to C$15.00 in a report on Monday, April 2nd. BMO Capital Markets decreased their target price on Hudbay Minerals from C$12.00 to C$11.50 in a report on Monday, April 2nd. TD Securities decreased their target price on Hudbay Minerals from C$17.00 to C$15.00 and set an “action list buy” rating on the stock in a report on Monday, April 2nd. Finally, Canaccord Genuity raised Hudbay Minerals from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of C$12.57.

Hudbay Minerals Company Profile

Hudbay Minerals Inc, an integrated mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; and zinc metal. The company owns four polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and a copper project in Arizona, the United States.

Bel Fuse, Inc. Class B (BELFB) Upgraded at BidaskClub

Bel Fuse, Inc. Class B (NASDAQ:BELFB) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Sunday.

Separately, ValuEngine lowered shares of Bel Fuse, Inc. Class B from a “hold” rating to a “sell” rating in a research report on Friday, June 1st.

Get Bel Fuse Inc. Class B alerts:

Bel Fuse, Inc. Class B opened at $21.55 on Friday, MarketBeat.com reports. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.14 and a quick ratio of 1.95. Bel Fuse, Inc. Class B has a 12 month low of $17.10 and a 12 month high of $33.45. The company has a market capitalization of $259.31 million, a PE ratio of 28.73 and a beta of 0.71.

Bel Fuse, Inc. Class B (NASDAQ:BELFB) last released its quarterly earnings data on Thursday, May 3rd. The electronics maker reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.21). Bel Fuse, Inc. Class B had a negative net margin of 2.81% and a positive return on equity of 5.50%. The firm had revenue of $118.25 million during the quarter.

A number of institutional investors have recently made changes to their positions in BELFB. SG Americas Securities LLC bought a new stake in Bel Fuse, Inc. Class B during the fourth quarter valued at approximately $197,000. Wells Fargo & Company MN lifted its position in Bel Fuse, Inc. Class B by 40.9% during the fourth quarter. Wells Fargo & Company MN now owns 13,869 shares of the electronics maker’s stock valued at $350,000 after purchasing an additional 4,029 shares during the last quarter. Arizona State Retirement System bought a new stake in Bel Fuse, Inc. Class B during the fourth quarter valued at approximately $417,000. Rhumbline Advisers lifted its position in Bel Fuse, Inc. Class B by 15.4% during the fourth quarter. Rhumbline Advisers now owns 23,030 shares of the electronics maker’s stock valued at $580,000 after purchasing an additional 3,072 shares during the last quarter. Finally, BlackRock Inc. lifted its position in Bel Fuse, Inc. Class B by 3.6% during the fourth quarter. BlackRock Inc. now owns 1,318,836 shares of the electronics maker’s stock valued at $33,203,000 after purchasing an additional 46,242 shares during the last quarter. Institutional investors and hedge funds own 61.25% of the company’s stock.

Bel Fuse, Inc. Class B Company Profile

Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries in North America, Asia, and Europe. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and telecom discrete components.

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.

Get Puma Biotechnology alerts:

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)).

Top 10 Safest Stocks To Watch Right Now

tags:BZH,FEIM,APH,CIGI,CCLP,DRAD,j,CE,OKE,MEOH,

Companies hate to cut dividends. Knowing the backlash they'll get from stockholders, many executives and board members consider it a desperate act of last resort. They will halt non-discretionary expenditures, reduce payroll and overhead, and even take on debt in order to maintain distributions.�

And that's exactly why dividend hikes send such a strong bullish signal. A company wouldn't bump quarterly payouts to $0.60 per share from $0.50 unless it were fairly certain that incoming cash flows would be more than sufficient to cover the higher dividend, with room to spare. The last thing they want is to raise it today only to lower back down tomorrow. A dividend hike is a clear vote of confidence for future success.�

---Sponsored Link--- He Taught 3rd Graders How To Invest In 3 Easy Steps
While financial "experts" use industry jargon to confuse you, one former chemical engineer set out to do something radically different. Using three easy steps, he successfully boiled investing down to a language and a system that even a 3rd-grader can understand. So if an elementary student can learn to use his strategy effectively, imagine the incredible power it could have in your hands... Full story here.

As you may know, one feature of my premium High-Yield Investing newsletter is a screen for double-digit yielders. As part of my mission to scour the investing universe to find the highest and safest income screens for my premium subscribers, this is just one feature we use to identify potential future additions to our portfolio.�

Top 10 Safest Stocks To Watch Right Now: Beazer Homes USA, Inc.(BZH)

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.

• [By Shane Hupp]

  Beazer Homes USA (NYSE:BZH) was down 6% during mid-day trading on Tuesday . The stock traded as low as $14.27 and last traded at $14.38. Approximately 672,285 shares were traded during trading, an increase of 12% from the average daily volume of 601,101 shares. The stock had previously closed at $15.29.

• [By Tyler Crowe]

  Unfortunately, investors in Beazer Homes (NYSE:BZH)�haven't been reaping the benefits of this booming market, as its stock is actually down over this time frame. What exactly has kept Beazer from enjoying the fruits of a robust housing market? Let's look at the company's most recent earnings report.�

Top 10 Safest Stocks To Watch Right Now: Frequency Electronics Inc.(FEIM)

Advisors' Opinion:

• [By Joseph Griffin]

  News articles about Frequency Electronics (NASDAQ:FEIM) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Frequency Electronics earned a news impact score of 0.15 on Accern’s scale. Accern also assigned media headlines about the communications equipment provider an impact score of 46.4556074629456 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Top 10 Safest Stocks To Watch Right Now: Amphenol Corporation(APH)

Advisors' Opinion:

• [By Logan Wallace]

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

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [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]

  Greenleaf Trust reduced its holdings in Amphenol (NYSE:APH) by 4.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,234 shares of the electronics maker’s stock after selling 714 shares during the period. Greenleaf Trust’s holdings in Amphenol were worth $1,484,000 as of its most recent SEC filing.

Top 10 Safest Stocks To Watch Right Now: Colliers International Group Inc. (CIGI)

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.

  TRADEMARK VIOLATION WARNING: “Colliers International Gr (CIGI) Lifted to Hold at Zacks Investment Research” was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this piece of content on another site, it was stolen and reposted in violation of United States & international trademark and copyright legislation. The legal version of this piece of content can be read at https://www.tickerreport.com/bankin
• [By Logan Wallace]

  BidaskClub lowered shares of Colliers International Gr (NASDAQ:CIGI) (TSE:CIGI) from a buy rating to a hold rating in a research report released on Wednesday morning.

• [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.

Top 10 Safest Stocks To Watch Right Now: CSI Compressco LP(CCLP)

Advisors' Opinion:

• [By Ethan Ryder]

  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:

• [By ]

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

  There is absolutely nothing wrong with small businesses. I own shares of quite a few in my personal account. But for the most part, I use them to fill out the growth sleeve of my portfolio and don't consider them stable income producers.

Top 10 Safest Stocks To Watch Right Now: Fisher(j)

Advisors' Opinion:

• [By Joseph Griffin]

  Joincoin (CURRENCY:J) traded 1.7% lower against the U.S. dollar during the 24 hour period ending at 0:00 AM ET on May 8th. Joincoin has a total market cap of $145,714.00 and $7.00 worth of Joincoin was traded on exchanges in the last 24 hours. During the last week, Joincoin has traded up 28.6% against the U.S. dollar. One Joincoin coin can currently be bought for about $0.0471 or 0.00000521 BTC on cryptocurrency exchanges.

Top 10 Safest Stocks To Watch Right Now: Celanese Corporation(CE)

Advisors' Opinion:

• [By Shane Hupp]

  Celanese (NYSE: CE) and Sealed Air (NYSE:SEE) are both basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, earnings and analyst recommendations.

• [By Ethan Ryder]

  Celanese (NYSE:CE)‘s stock had its “outperform” rating reiterated by Cowen in a report issued on Friday. They presently have a $125.00 price objective on the basic materials company’s stock, up from their previous price objective of $120.00. Cowen’s price objective would suggest a potential upside of 15.06% from the company’s previous close.

• [By ]

  Eli Lilly announced in October it was conducting a strategic review for the unit.  Elanco on Monday said it has appointed Christopher Jensen, who was most recently with Celanese Corp. (CE) , as chief financial officer.

Top 10 Safest Stocks To Watch Right Now: ONEOK Inc.(OKE)

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]

  The volatile price of natural gas over the past year has weighed some on this top energy stock. ONEOK Inc. (NYSE: OKE) primarily engages in natural gas transportation, storage and natural gas and NGLs gathering, processing and fractionation in the Bakken, Mid-Continent and Permian. The company recently closed the roll-up of its underlying master limited partnership, ONEOK Partners.

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.

Markets move quickly. To take advantage of the highs and lows - especially in today's volatile environment - you need a strategy that's nimble and flexible. My approach is both, and it enables me to move in and out of assets and sectors while continually generating double-digit annualized returns. Sign up for Absolute Returns today to see how I manage my portfolio in the continuously changing market environment. Many believe absolute returns and beating the market are mere fiction, but I assure you they're not. See for yourself how you can benefit from my approach, and how your portfolio can profit, regardless of market conditions.

Disclosure: I am/we are long GOOS.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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.

Get The Mosaic alerts:

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.

Want to see what other hedge funds are holding MOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Mosaic Company (NYSE:MOS).

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.