BWS Financial Equities Analysts Reduce Earnings Estimates for Garrett Motion Inc. (NYSE:GTX)

BWS Financial Equities Analysts Reduce Earnings Estimates for Garrett Motion Inc. (NYSE:GTX)

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Garrett Motion Inc. (NYSE:GTX – Get Score) – Inventory analysts at BWS Economic diminished their Q3 2023 EPS estimates for Garrett Motion in a research observe issued on Wednesday, February 15th. BWS Money analyst H. Khorsand now forecasts that the enterprise will gain $.23 for every share for the quarter, down from their prior forecast of $.28. BWS Financial has a “Obtain” rating and a $15.00 rate aim on the stock. The consensus estimate for Garrett Motion’s existing whole-year earnings is $1.13 for each share. BWS Fiscal also issued estimates for Garrett Motion’s Q4 2023 earnings at $.25 EPS, Q1 2024 earnings at $.24 EPS, Q2 2024 earnings at $.28 EPS, Q3 2024 earnings at $.28 EPS, Q4 2024 earnings at $.29 EPS and FY2024 earnings at $1.09 EPS.

Garrett Movement Stock Effectiveness

Shares of Garrett Movement stock opened at $8.24 on Friday. Garrett Movement has a just one yr low of $5.57 and a just one calendar year superior of $8.65. The firm has a industry cap of $534.12 million, a PE ratio of 11.24 and a beta of 1.31. The business enterprise has a 50-working day straightforward going regular of $7.83 and a 200-day very simple going common of $7.18.

Hedge Funds Weigh In On Garrett Motion

A variety of institutional traders and hedge resources have recently additional to or minimized their stakes in the organization. Point out of Wyoming boosted its holdings in Garrett Motion by 8,744.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. Point out of Wyoming now owns 49,001 shares of the company’s stock valued at $373,000 soon after obtaining an further 48,447 shares in the past quarter. Millennium Administration LLC boosted its holdings in Garrett Motion by 58.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. Millennium Management LLC now owns 533,175 shares of the company’s stock valued at $4,063,000 just after purchasing an more 196,946 shares in the past quarter. Morgan Stanley boosted its holdings in Garrett Movement by 17.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. Morgan Stanley now owns 272,505 shares of the company’s inventory valued at $2,076,000 just after acquiring an extra 40,820 shares in the previous quarter. Forager Funds Management LLC boosted its holdings in shares of Garrett Movement by 36.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. Forager Money Administration LLC now owns 2,088,763 shares of the company’s inventory valued at $16,610,000 just after obtaining an extra 559,674 shares for the duration of the time period. Last but not least, Verition Fund Management LLC acquired a new stake in shares of Garrett Motion in the fourth quarter valued at around $88,000. 72.67{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the inventory is owned by institutional buyers and hedge money.

About Garrett Motion

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Garrett Motion, Inc offers vehicle technology. The business engages in the design and style, manufacture, and sale of engineered turbocharger, electric powered-boosting systems for light and commercial car authentic equipment brands (OEMs) and the world wide vehicle impartial aftermarket as properly as automotive computer software remedies.

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Earnings History and Estimates for Garrett Motion (NYSE:GTX)

This quick news notify was produced by narrative science technology and financial info from MarketBeat in get to supply audience with the fastest and most exact reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please deliver any questions or reviews about this tale to contact@marketbeat.com.

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BWS Financial Analysts Cut Earnings Estimates for Ubiquiti Inc. (NYSE:UI)

BWS Financial Analysts Cut Earnings Estimates for Ubiquiti Inc. (NYSE:UI)

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Ubiquiti Inc. (NYSE:UI – Get Ranking) – Equities study analysts at BWS Financial reduced their Q3 2023 earnings estimates for Ubiquiti in a research note issued on Wednesday, January 25th. BWS Monetary analyst H. Khorsand now forecasts that the organization will make $1.55 per share for the quarter, down from their former forecast of $1.72. The consensus estimate for Ubiquiti’s present full-year earnings is $6.67 for every share. BWS Fiscal also issued estimates for Ubiquiti’s Q4 2023 earnings at $1.84 EPS, FY2023 earnings at $6.67 EPS and FY2024 earnings at $9.93 EPS.

Ubiquiti (NYSE:UI – Get Rating) previous introduced its quarterly earnings results on Friday, November 4th. The enterprise claimed $1.54 EPS for the quarter, lacking the consensus estimate of $1.74 by ($.20). Ubiquiti experienced a web margin of 19.63{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a detrimental return on equity of 129.71{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The small business experienced earnings of $498.08 million in the course of the quarter, as opposed to analyst estimates of $465.92 million.

A range of other equities research analysts also lately issued reviews on UI. StockNews.com began coverage on shares of Ubiquiti in a research notice on Wednesday, Oct 12th. They set a “maintain” rating on the inventory. Barclays diminished their price focus on on shares of Ubiquiti from $239.00 to $221.00 and set an “underweight” ranking on the stock in a investigate note on Sunday, November 6th.

Ubiquiti Stock Functionality

UI stock opened at $292.67 on Monday. The firm’s 50-day easy going common is $283.58 and its 200 working day uncomplicated going average is $298.79. Ubiquiti has a 52 7 days small of $218.15 and a 52 week high of $350.63. The company has a marketplace capitalization of $17.69 billion, a PE ratio of 52.73 and a beta of 1.32.

Ubiquiti Increases Dividend

The company also not too long ago disclosed a quarterly dividend, which was paid on Monday, November 21st. Traders of report on Monday, November 14th were being issued a $.60 dividend. This signifies a $2.40 dividend on an annualized basis and a generate of .82{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The ex-dividend day was Thursday, November 10th. This is a good transform from Ubiquiti’s prior quarterly dividend of $.30. Ubiquiti’s dividend payout ratio (DPR) is 43.24{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Institutional Inflows and Outflows

A quantity of huge traders have recently extra to or reduced their stakes in UI. Bridgewater Associates LP acquired a new placement in Ubiquiti in the 1st quarter valued at approximately $10,124,000. Jane Avenue Group LLC raised its holdings in Ubiquiti by 115.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the course of the 2nd quarter. Jane Street Group LLC now owns 4,705 shares of the firm’s inventory worthy of $1,168,000 immediately after buying an further 34,535 shares all through the past quarter. SW Financial commitment Administration LLC lifted its holdings in Ubiquiti by 18.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} through the 1st quarter. SW Investment Management LLC now owns 130,000 shares of the company’s inventory truly worth $37,850,000 just after obtaining an extra 20,000 shares throughout the very last quarter. To start with Believe in Advisors LP elevated its holdings in Ubiquiti by 147.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the duration of the 1st quarter. Very first Rely on Advisors LP now owns 32,309 shares of the firm’s stock really worth $9,407,000 right after obtaining an extra 19,252 shares throughout the very last quarter. Finally, Cubist Systematic Approaches LLC purchased a new placement in Ubiquiti for the duration of the 2nd quarter worth close to $3,131,000. Institutional buyers have 3.59{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the firm’s inventory.

Ubiquiti Enterprise Profile

(Get Rating)

Ubiquiti, Inc is targeted on democratizing network technological know-how on a worldwide scale. It sells networking gear and offers linked software program platforms. The firm develops technology platforms for high-potential distributed Web access, unified facts know-how, and purchaser electronics for professional, household, and private use.

Proposed Tales

Earnings History and Estimates for Ubiquiti (NYSE:UI)

This fast information alert was produced by narrative science know-how and economic facts from MarketBeat in purchase to give readers with the fastest and most correct reporting. This tale was reviewed by MarketBeat’s editorial staff prior to publication. Please send any questions or opinions about this story to call@marketbeat.com.

Right before you think about Ubiquiti, you can expect to want to listen to this.

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While Ubiquiti presently has a “Hold” rating amongst analysts, best-rated analysts consider these five stocks are better buys.

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BWS Financial Analysts Lower Earnings Estimates for Iridium Communications Inc. (NASDAQ:IRDM)

BWS Financial Analysts Lower Earnings Estimates for Iridium Communications Inc. (NASDAQ:IRDM)

Iridium Communications Inc. (NASDAQ:IRDM – Get Rating) – Research analysts at BWS Financial lowered their Q3 2023 earnings estimates for Iridium Communications in a report released on Monday, November 28th. BWS Financial analyst H. Khorsand now forecasts that the technology company will post earnings per share of $0.04 for the quarter, down from their previous estimate of $0.04. The consensus estimate for Iridium Communications’ current full-year earnings is $0.08 per share.

Several other research analysts have also commented on IRDM. Raymond James raised their price target on shares of Iridium Communications from $51.00 to $60.00 and gave the company a “strong-buy” rating in a report on Friday, October 21st. Barclays lowered shares of Iridium Communications from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $48.00 to $45.00 in a report on Wednesday, October 19th. StockNews.com upgraded shares of Iridium Communications from a “hold” rating to a “buy” rating in a report on Friday, November 18th. Finally, Morgan Stanley raised their price target on shares of Iridium Communications from $50.00 to $64.00 and gave the company an “overweight” rating in a report on Monday, October 17th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Iridium Communications presently has a consensus rating of “Buy” and an average price target of $53.25.

Iridium Communications Trading Up 3.1 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

NASDAQ IRDM opened at $53.10 on Thursday. Iridium Communications has a one year low of $31.73 and a one year high of $53.61. The company’s 50 day moving average price is $49.12 and its 200 day moving average price is $43.71. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.52 and a current ratio of 2.82. The firm has a market capitalization of $6.67 billion, a price-to-earnings ratio of 1,327.83 and a beta of 1.13.

Iridium Communications (NASDAQ:IRDM – Get Rating) last released its earnings results on Thursday, October 20th. The technology company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. Iridium Communications had a net margin of 0.53{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a return on equity of 0.30{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The business had revenue of $184.04 million for the quarter, compared to analysts’ expectations of $180.91 million. During the same period last year, the company earned ($0.02) earnings per share. The company’s quarterly revenue was up 13.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on a year-over-year basis.

Institutional Trading of Iridium Communications

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in Iridium Communications by 0.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 40,129 shares of the technology company’s stock worth $1,781,000 after purchasing an additional 221 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Iridium Communications by 1.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. Envestnet Asset Management Inc. now owns 13,582 shares of the technology company’s stock worth $603,000 after purchasing an additional 223 shares during the period. Telemus Capital LLC boosted its holdings in Iridium Communications by 4.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. Telemus Capital LLC now owns 5,813 shares of the technology company’s stock worth $258,000 after purchasing an additional 247 shares during the period. Institute for Wealth Management LLC. boosted its holdings in Iridium Communications by 1.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. Institute for Wealth Management LLC. now owns 14,312 shares of the technology company’s stock worth $635,000 after purchasing an additional 256 shares during the period. Finally, US Bancorp DE boosted its holdings in Iridium Communications by 4.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. US Bancorp DE now owns 7,522 shares of the technology company’s stock worth $334,000 after purchasing an additional 311 shares during the period. Institutional investors own 85.69{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

Insider Activity

In other news, Director Parker William Rush sold 27,363 shares of Iridium Communications stock in a transaction that occurred on Tuesday, November 1st. The shares were sold at an average price of $52.00, for a total transaction of $1,422,876.00. Following the sale, the director now owns 190,044 shares in the company, valued at $9,882,288. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Parker William Rush sold 27,363 shares of Iridium Communications stock in a transaction on Tuesday, November 1st. The shares were sold at an average price of $52.00, for a total value of $1,422,876.00. Following the completion of the sale, the director now owns 190,044 shares in the company, valued at $9,882,288. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Timothy Kapalka sold 2,382 shares of Iridium Communications stock in a transaction on Monday, October 31st. The stock was sold at an average price of $51.25, for a total transaction of $122,077.50. Following the completion of the sale, the chief accounting officer now owns 19,896 shares of the company’s stock, valued at approximately $1,019,670. The disclosure for this sale can be found here. Insiders have sold 51,448 shares of company stock worth $2,667,224 over the last 90 days. Company insiders own 2.50{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

About Iridium Communications

(Get Rating)

Iridium Communications Inc provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services.

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Earnings History and Estimates for Iridium Communications (NASDAQ:IRDM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Iridium Communications, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Iridium Communications wasn’t on the list.

While Iridium Communications currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

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BWS Financial Analysts Raise Earnings Estimates for The Howard Hughes Co. (NYSE:HHC)

The Howard Hughes Co. (NYSE:HHC) – Research analysts at BWS Financial boosted their FY2021 earnings per share estimates for The Howard Hughes in a report issued on Monday, November 8th. BWS Financial analyst H. Khorsand now anticipates that the financial services provider will post earnings per share of $1.09 for the year, up from their prior estimate of ($0.35). BWS Financial also issued estimates for The Howard Hughes’ Q4 2021 earnings at $1.49 EPS, Q1 2022 earnings at ($0.60) EPS, Q2 2022 earnings at ($0.44) EPS, Q3 2022 earnings at ($0.41) EPS, Q4 2022 earnings at $1.19 EPS and FY2022 earnings at ($0.25) EPS. The Howard Hughes (NYSE:HHC) last released its quarterly earnings results on Thursday, November 4th. The financial services provider reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.32. The Howard Hughes had a negative net margin of 7.70{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a negative return on equity of 0.77{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. During the same period in the previous year, the company posted $2.70 EPS.

Separately, Zacks Investment Research cut shares of The Howard Hughes from a “buy” rating to a “hold” rating in a report on Monday, September 20th.

NYSE:HHC opened at $93.21 on Thursday. The Howard Hughes has a fifty-two week low of $66.22 and a fifty-two week high of $113.20. The stock has a market capitalization of $5.14 billion, a P/E ratio of -80.35 and a beta of 1.44. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.68 and a current ratio of 1.68. The company’s 50-day simple moving average is $89.95 and its 200-day simple moving average is $95.27.

Hedge funds have recently made changes to their positions in the company. First Horizon Advisors Inc. lifted its position in The Howard Hughes by 38.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. First Horizon Advisors Inc. now owns 554 shares of the financial services provider’s stock valued at $66,000 after buying an additional 154 shares during the last quarter. Metropolitan Life Insurance Co NY acquired a new position in The Howard Hughes in the second quarter valued at about $84,000. Canton Hathaway LLC acquired a new position in The Howard Hughes in the third quarter valued at about $88,000. Captrust Financial Advisors lifted its position in The Howard Hughes by 27,600.0{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the first quarter. Captrust Financial Advisors now owns 1,108 shares of the financial services provider’s stock valued at $105,000 after buying an additional 1,104 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its position in The Howard Hughes by 7.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. Cullen Frost Bankers Inc. now owns 2,002 shares of the financial services provider’s stock valued at $195,000 after buying an additional 132 shares during the last quarter. 91.86{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by hedge funds and other institutional investors.

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In other news, Director Pershing Square Capital Manage bought 150,156 shares of the business’s stock in a transaction dated Friday, September 3rd. The stock was purchased at an average cost of $92.00 per share, with a total value of $13,814,352.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP David Michael Striph sold 1,422 shares of the business’s stock in a transaction on Tuesday, August 17th. The stock was sold at an average price of $87.93, for a total transaction of $125,036.46. The disclosure for this sale can be found here. 25.20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by company insiders.

The Howard Hughes announced that its Board of Directors has initiated a share buyback program on Thursday, November 4th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the financial services provider to repurchase up to 5.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

The Howard Hughes Company Profile

The Howard Hughes Corp. engages in the development and management of commercial, residential, and mixed-use real estate. It operates through the following segments: Operating Assets, Master Planned Communities; Seaport District; and Strategic Developments. The Operating Assets segment consists retail, office, hospitality, and multi-family properties along with other real estate investments.

Read More: Stock Selection – What is cash flow?

Earnings History and Estimates for The Howard Hughes (NYSE:HHC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in The Howard Hughes right now?

Before you consider The Howard Hughes, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and The Howard Hughes wasn’t on the list.

While The Howard Hughes currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here