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May 18, 2022

Capital One Financial Analysts Cut Earnings Estimates for Allego (NYSE:ALLG)

Allego (NYSE:ALLG – Get Rating) – Analysts at Funds 1 Fiscal decreased their Q2 2022 earnings estimates for Allego in a exploration report issued to purchasers and buyers on Monday, May 16th. Capital One particular Money analyst R. Tullis now expects that the enterprise will post earnings for each share of ($.03) for the quarter, down from their prior forecast of ($.02). Cash A single Monetary has a “Equal Weight” ranking on the stock. Funds A person Economic also issued estimates for Allego’s Q3 2022 earnings at ($.04) EPS, FY2022 earnings at ($.12) EPS and FY2023 earnings at ($.13) EPS.

Other equities analysts also not too long ago issued studies about the enterprise. Cowen started out protection on Allego in a report on Monday, April 11th. They issued an “outperform” score and a $19.00 rate objective on the stock. Cowen initiated protection on Allego in a study note on Monday, April 11th. They issued an “outperform” ranking and a $19.00 goal cost for the organization. Lastly, Zacks Financial investment Investigation decreased Allego from a “buy” score to a “hold” score in a investigate observe on Tuesday.

NYSE ALLG opened at $8.75 on Wednesday. The stock’s 50-working day easy shifting common is $11.80. Allego has a twelve month lower of $7.43 and a twelve month large of $28.44.

A range of institutional investors and hedge cash have lately included to or minimized their stakes in ALLG. ECP ControlCo LLC acquired a new stake in Allego throughout the first quarter valued at $15,120,000. Arena Money Advisors LLC CA acquired a new stake in shares of Allego in the initial quarter really worth about $499,000. Penserra Money Management LLC acquired a new stake in shares of Allego in the very first quarter really worth about $105,000. At last, UBS Team AG obtained a new position in shares of Allego in the course of the 1st quarter worthy of about $29,000. 72.53{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by hedge resources and other institutional investors.

Allego Company Profile (Get Rating)

Allego N.V. operates as an electric powered car or truck (EV) charging enterprise. The organization provides charging alternatives for electrical cars, motors, buses, and vehicles. It has a charging network with renewable vitality and charging remedies for small business-to-small business consumers, together with primary retail and auto manufacturers. The enterprise has around 28,000 charging ports in Europe.

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May 16, 2022

National Bank Financial Analysts Lower Earnings Estimates for Sun Life Financial Inc. (NYSE:SLF)

Sunlight Daily life Economic Inc. (NYSE:SLF – Get Ranking) (TSE:SLF) – Investigation analysts at Nationwide Bank Money lowered their FY2023 earnings for each share estimates for shares of Sun Existence Fiscal in a research report issued on Wednesday, Could 11th. Nationwide Bank Money analyst G. Dechaine now expects that the money solutions service provider will generate $4.93 for each share for the calendar year, down from their preceding estimate of $5.55.

A range of other investigate analysts have also lately weighed in on SLF. Scotiabank dropped their price objective on shares of Sun Lifestyle Fiscal from C$71.00 to C$67.00 in a report on Friday. StockNews.com assumed coverage on shares of Sun Existence Financial in a report on Thursday, March 31st. They established a “hold” ranking for the firm. Zacks Investment decision Study restated a “hold” score on shares of Sun Existence Financial in a study report on Thursday, March 17th. Canaccord Genuity Group diminished their cost objective on shares of Solar Lifestyle Economical from C$75.50 to C$67.00 in a investigate report on Sunday. Finally, BMO Cash Markets lowered their rate goal on shares of Sunshine Lifetime Monetary from C$80.00 to C$75.00 in a research report on Friday. A person analyst has rated the inventory with a promote ranking, 4 have issued a hold score and six have issued a acquire ranking to the organization. Centered on information from MarketBeat.com, the inventory has a consensus score of “Hold” and an regular target rate of $71.14.

Shares of SLF inventory opened at $47.62 on Monday. The company’s 50-day shifting common price is $53.22 and its 200-working day shifting typical price is $54.50. Sunshine Life Economic has a twelve thirty day period lower of $46.23 and a twelve thirty day period large of $58.49. The inventory has a market place cap of $27.91 billion, a value-to-earnings ratio of 9.11, a PEG ratio of 1.06 and a beta of 1.06.

The business also lately disclosed a quarterly dividend, which will be paid out on Thursday, June 30th. Stockholders of record on Wednesday, June 1st will be paid a dividend of $.537 for every share. This represents a $2.15 dividend on an annualized foundation and a dividend generate of 4.51{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is a boost from Sunlight Life Financial’s past quarterly dividend of $.52. The ex-dividend day is Tuesday, May possibly 31st. Sun Lifetime Financial’s dividend payout ratio (DPR) is 39.77{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

A amount of hedge cash have not long ago added to or minimized their stakes in SLF. Brinker Capital Investments LLC lifted its holdings in shares of Sunshine Lifestyle Economical by 1.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the course of the 4th quarter. Brinker Capital Investments LLC now owns 12,828 shares of the fiscal services provider’s inventory valued at $714,000 after obtaining an further 173 shares in the past quarter. JCIC Asset Management Inc. improved its position in shares of Solar Everyday living Economical by .8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 1st quarter. JCIC Asset Management Inc. now owns 26,721 shares of the fiscal products and services provider’s inventory worth $1,492,000 immediately after obtaining an additional 205 shares in the course of the last quarter. Quadrant Capital Team LLC grew its placement in shares of Solar Lifestyle Financial by 8.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the duration of the 4th quarter. Quadrant Capital Team LLC now owns 2,735 shares of the economic companies provider’s inventory valued at $152,000 following obtaining an supplemental 224 shares for the duration of the final quarter. Cetera Advisor Networks LLC grew its placement in shares of Sunshine Daily life Money by 2.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} all through the 1st quarter. Cetera Advisor Networks LLC now owns 10,835 shares of the economical expert services provider’s inventory valued at $605,000 soon after buying an extra 250 shares all through the previous quarter. Lastly, Eaton Vance Management grew its position in shares of Sun Existence Money by 3.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the course of the 3rd quarter. Eaton Vance Administration now owns 6,688 shares of the monetary expert services provider’s stock valued at $271,000 after acquiring an added 253 shares for the duration of the last quarter. 47.14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the inventory is owned by hedge funds and other institutional buyers.

About Solar Everyday living Monetary (Get Rating)

Sunshine Life Money Inc, a monetary providers firm, supplies insurance, prosperity, and asset management solutions to people and corporate shoppers around the globe. It provides term and long term existence, as properly as individual health and fitness, dental, important disease, prolonged-phrase treatment, and incapacity insurance plan solutions. The corporation also presents reinsurance products expense counselling and portfolio management expert services mutual resources and segregated funds trust and banking expert services true estate property brokerage and appraisal services and service provider banking expert services.

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May 13, 2022

National Bank Financial Analysts Cut Earnings Estimates for Northland Power Inc. (TSE:NPI)

Northland Electrical power Inc. (TSE:NPI – Get Rating) – Equities scientists at Nationwide Lender Fiscal reduced their Q2 2022 earnings estimates for Northland Electricity in a investigate report issued to consumers and buyers on Wednesday, Might 11th. Countrywide Lender Money analyst R. Merer now expects that the solar electricity supplier will article earnings per share of $.07 for the quarter, down from their previous estimate of $.13. National Lender Financial also issued estimates for Northland Power’s Q3 2022 earnings at $.07 EPS and Q4 2022 earnings at $.29 EPS.

A amount of other analysts have also not long ago weighed in on NPI. Credit history Suisse Team elevated their selling price target on Northland Power from C$50.00 to C$51.00 and gave the enterprise an “outperform” rating in a investigate observe on Wednesday, April 20th. Tudor Pickering & Holt set a C$43.00 focus on value on Northland Power and gave the inventory a “buy” ranking in a study take note on Thursday, February 10th. CIBC upped their price tag concentrate on on Northland Power from C$43.00 to C$44.00 and gave the corporation an “outperform” ranking in a report on Thursday, April 21st. CSFB lifted their price tag goal on shares of Northland Ability from C$50.00 to C$51.00 in a report on Wednesday, April 20th. Lastly, Scotiabank upped their focus on cost on shares of Northland Power from C$42.25 to C$46.25 in a report on Friday, April 8th. One particular analyst has rated the stock with a keep score and eleven have issued a obtain ranking to the stock. In accordance to knowledge from MarketBeat, the corporation presently has an normal rating of “Buy” and a consensus target rate of C$46.63.

Northland Energy stock opened at C$37.71 on Friday. The enterprise has a present ratio of 1.01, a quick ratio of .76 and a debt-to-equity ratio of 276.77. The firm has a fifty day straightforward going ordinary of C$40.57 and a 200-day straightforward moving ordinary of C$38.68. The inventory has a market place cap of C$8.56 billion and a P/E ratio of 46.16. Northland Electrical power has a 12-month very low of C$34.95 and a 12-thirty day period large of C$44.11.

Northland Power (TSE:NPI – Get Score) past issued its quarterly earnings results on Thursday, February 24th. The solar power supplier claimed C$.27 earnings for every share (EPS) for the quarter, lacking analysts’ consensus estimates of C$.31 by C($.04). The enterprise experienced profits of C$640.09 million for the quarter, in contrast to the consensus estimate of C$557.00 million.

The business enterprise also a short while ago introduced a regular dividend, which was compensated on Monday, April 18th. Stockholders of report on Monday, April 18th ended up issued a $.10 dividend. This represents a $1.20 dividend on an annualized foundation and a dividend produce of 3.18{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The ex-dividend date was Wednesday, March 30th. Northland Power’s payout ratio is at the moment 110.16{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Northland Power Firm Profile (Get Score)

Northland Power Inc, an independent electrical power producer, develops, builds, owns, and operates clean up and green electricity jobs in North America, Europe, Latin The usa, and Asia. The enterprise makes energy from renewable assets, these kinds of as wind, solar, or hydropower, as perfectly as clean up-burning purely natural gas and biomass for sale less than power order agreements and other profits arrangements.

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May 12, 2022

Jefferies Financial Group Research Analysts Raise Earnings Estimates for Progyny, Inc. (NASDAQ:PGNY)

Progyny, Inc. (NASDAQ:PGNY – Get Rating) – Investment analysts at Jefferies Financial Group increased their FY2023 earnings estimates for Progyny in a report issued on Monday, May 9th. Jefferies Financial Group analyst G. Santangelo now expects that the company will earn $0.77 per share for the year, up from their prior estimate of $0.75.

A number of other equities research analysts have also recently commented on PGNY. TheStreet cut shares of Progyny from a “c-” rating to a “d+” rating in a report on Friday, January 28th. Zacks Investment Research upgraded shares of Progyny from a “hold” rating to a “buy” rating and set a $38.00 price target on the stock in a report on Thursday. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $65.86.

Shares of NASDAQ PGNY opened at $33.06 on Thursday. The company has a 50 day simple moving average of $43.91 and a two-hundred day simple moving average of $46.82. Progyny has a fifty-two week low of $32.06 and a fifty-two week high of $68.32. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 59.04, a P/E/G ratio of 12.42 and a beta of 2.01.

Progyny (NASDAQ:PGNY – Get Rating) last announced its earnings results on Monday, February 28th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.11. Progyny had a net margin of 10.09{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a return on equity of 24.50{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The business had revenue of $127.55 million during the quarter, compared to the consensus estimate of $134.87 million. During the same quarter last year, the firm earned $0.07 earnings per share. The business’s revenue for the quarter was up 27.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on a year-over-year basis.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. raised its position in Progyny by 1,469.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. First Horizon Advisors Inc. now owns 769 shares of the company’s stock worth $38,000 after acquiring an additional 720 shares during the period. Fifth Third Bancorp raised its position in Progyny by 1,532.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. Fifth Third Bancorp now owns 1,208 shares of the company’s stock worth $61,000 after acquiring an additional 1,134 shares during the period. Steward Partners Investment Advisory LLC raised its position in Progyny by 44.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,209 shares of the company’s stock worth $61,000 after acquiring an additional 374 shares during the period. Exane Derivatives bought a new position in Progyny in the first quarter worth approximately $69,000. Finally, Captrust Financial Advisors raised its position in Progyny by 19.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. Captrust Financial Advisors now owns 1,566 shares of the company’s stock worth $88,000 after acquiring an additional 251 shares during the period. Institutional investors and hedge funds own 82.51{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

In related news, CEO Peter Anevski sold 600 shares of the firm’s stock in a transaction that occurred on Friday, February 11th. The shares were sold at an average price of $42.00, for a total value of $25,200.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman David J. Schlanger sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, February 11th. The stock was sold at an average price of $42.00, for a total transaction of $42,000.00. The disclosure for this sale can be found here. Insiders sold 535,366 shares of company stock worth $22,823,122 in the last 90 days. 14.00{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by corporate insiders.

About Progyny (Get Rating)

Progyny, Inc, a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States. Its fertility benefits solution includes differentiated benefits plan design, personalized concierge-style member support services, and selective network of fertility specialists.

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May 9, 2022

National Bank Financial Analysts Cut Earnings Estimates for Enerflex Ltd. (TSE:EFX)

Enerflex Ltd. (TSE:EFX – Get Score) – Study analysts at Nationwide Financial institution Monetary lessened their Q3 2022 earnings estimates for Enerflex in a study observe issued to investors on Thursday, May possibly 5th. Nationwide Financial institution Economical analyst M. Robertson now forecasts that the company will get paid $.16 for every share for the quarter, down from their previous forecast of $.19. National Lender Fiscal at this time has a “Outperform Overweight” ranking on the inventory. Countrywide Bank Money also issued estimates for Enerflex’s Q4 2022 earnings at $.20 EPS and FY2023 earnings at $.98 EPS.

Enerflex (TSE:EFX – Get Ranking) last issued its quarterly earnings information on Wednesday, February 23rd. The enterprise reported C($.36) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$.06 by C($.42). The business had profits of C$321.35 million throughout the quarter, as opposed to the consensus estimate of C$274.68 million.

A variety of other equities research analysts also not long ago weighed in on EFX. CIBC lifted their focus on price tag on Enerflex from C$9.50 to C$10.00 in a report on Thursday, March 3rd. Atb Cap Markets reiterated an “outperform” score on shares of Enerflex in a report on Tuesday, January 18th. Stifel Nicolaus downgraded Enerflex to a “hold” score and set a C$8.00 goal price tag for the organization. in a report on Tuesday, January 25th. Raymond James established a C$14.00 focus on price on Enerflex and gave the inventory a “strong-buy” ranking in a report on Thursday. Ultimately, ATB Cash lowered their goal price on Enerflex from C$12.50 to C$12.25 and set a “buy” rating for the organization in a report on Friday. 4 investment analysts have rated the stock with a hold rating, 4 have supplied a get rating and 1 has assigned a strong buy score to the company’s inventory. According to facts from MarketBeat.com, the stock has an ordinary rating of “Buy” and an typical cost focus on of C$11.75.

Shares of EFX opened at C$7.93 on Monday. The company has a market place capitalization of C$711.15 million and a price tag-to-earnings ratio of -37.76. The small business has a 50-working day shifting common of C$8.43 and a 200-day transferring typical of C$8.21. The firm has a credit card debt-to-equity ratio of 28.69, a latest ratio of 2.00 and a brief ratio of 1.47. Enerflex has a 1 yr very low of C$6.25 and a 1 year significant of C$11.12.

The firm also not long ago disclosed a quarterly dividend, which will be paid out on Thursday, July 7th. Stockholders of record on Thursday, July 7th will be issued a dividend of $.025 for every share. The ex-dividend date of this dividend is Wednesday, May possibly 18th. This represents a $.10 annualized dividend and a dividend yield of 1.26{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Enerflex’s dividend payout ratio is -40.48{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

About Enerflex (Get Rating)

Enerflex Ltd. provides all-natural gasoline compression, oil and gas processing, refrigeration units, electricity transition methods, and electric ability technology equipment to the oil and normal gasoline industry. The company gives custom and common compression packages for reciprocating and screw compressor purposes and types, engineers, manufactures, constructs, and installs modular normal gas processing machines, refrigeration techniques, and electric powered electricity alternatives, as perfectly as engages in re-engineering, re-configuration, and re-packaging of compressors for different industry apps and modular processing tools and waste gasoline programs for natural fuel facilities.

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May 8, 2022

Here’s What Analysts Are Forecasting Next

Aim Financial Partners Inc. (NASDAQ:FOCS) just introduced its newest quarterly benefits and points are wanting bullish. The company conquer each earnings and profits forecasts, with profits of US$537m, some 4.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} previously mentioned estimates, and statutory earnings for every share (EPS) coming in at US$.44, 175{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in advance of anticipations. The analysts ordinarily update their forecasts at each earnings report, and we can decide from their estimates no matter whether their view of the corporation has modified or if there are any new worries to be informed of. So we gathered the latest put up-earnings forecasts to see what estimates advise is in retailer for following 12 months.

Look at our latest assessment for Aim Financial Associates

earnings-and-revenue-growth — earnings-and-income-growth

Following the most recent benefits, Aim Fiscal Partners’ 9 analysts are now forecasting revenues of US$2.20b in 2022. This would be a solid 13{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} improvement in income in comparison to the last 12 months. Statutory earnings per share are predicted to shoot up 184{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to US$1.44. Nevertheless prior to the most current earnings, the analysts experienced been anticipated revenues of US$2.20b and earnings per share (EPS) of US$.81 in 2022. There was no serious improve to the income estimates, but the analysts do feel extra bullish on earnings, offered the sizeable expansion in earnings per share expectations subsequent these effects.

The consensus selling price goal fell 7.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to US$66.00, suggesting the raise in earnings forecasts was not plenty of to offset other the analysts considerations. That is not the only conclusion we can attract from this facts even so, as some buyers also like to take into account the distribute in estimates when analyzing analyst cost targets. The most optimistic Focus Fiscal Partners analyst has a price tag concentrate on of US$76.00 per share, while the most pessimistic values it at US$60.00. With these kinds of a slim array of valuations, the analysts evidently share very similar views on what they feel the enterprise is really worth.

These estimates are fascinating, but it can be helpful to paint some extra broad strokes when seeing how forecasts examine, both of those to the Concentration Money Partners’ past functionality and to friends in the exact same market. We can infer from the hottest estimates that forecasts expect a continuation of Concentration Economic Partners’historical trends, as the 18{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} annualised revenue development to the close of 2022 is approximately in line with the 20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} yearly income expansion around the previous a few many years. By distinction, our knowledge indicates that other businesses (with analyst coverage) in a identical business are forecast to see their revenues mature 5.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for each calendar year. So although Concentration Money Associates is predicted to sustain its profits growth rate, it truly is certainly anticipated to mature quicker than the wider business.

The Bottom Line

The largest takeaway for us is the consensus earnings for each share improve, which suggests a very clear enhancement in sentiment all over Target Financial Partners’ earnings probable subsequent year. Happily, there ended up no important alterations to revenue forecasts, with the organization nonetheless expected to grow more rapidly than the wider marketplace. Moreover, the analysts also minimize their cost targets, suggesting that the most current information has led to greater pessimism about the intrinsic value of the organization.

With that in mind, we wouldn’t be as well speedy to arrive to a summary on Aim Monetary Associates. Prolonged-term earnings electricity is significantly much more significant than subsequent year’s revenue. We have estimates – from numerous Focus Economic Associates analysts – heading out to 2024, and you can see them no cost on our platform below.

As well as, you should also learn about the 3 warning indications we’ve noticed with Target Financial Associates (including 1 which can not be disregarded) .

Have comments on this write-up? Anxious about the content? Get in touch with us immediately. Alternatively, email editorial-team (at) simplywallst.com.

This article by Just Wall St is basic in character. We give commentary centered on historical facts and analyst forecasts only working with an impartial methodology and our content are not meant to be money information. It does not constitute a recommendation to purchase or provide any stock, and does not get account of your targets, or your money situation. We intention to deliver you extended-expression focused assessment pushed by fundamental knowledge. Note that our investigation could not component in the hottest price tag-sensitive corporation bulletins or qualitative product. Just Wall St has no posture in any stocks stated.