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July 7, 2022

Oppenheimer Equities Analysts Decrease Earnings Estimates for Focus Financial Partners Inc. (NASDAQ:FOCS)

Emphasis Money Companions Inc. (NASDAQ:FOCS – Get Rating) – Research analysts at Oppenheimer slice their Q3 2022 earnings for every share (EPS) estimates for shares of Target Fiscal Partners in a investigate report issued to purchasers and investors on Tuesday, July 5th. Oppenheimer analyst O. Lau now anticipates that the corporation will post earnings per share of $1.06 for the quarter, down from their prior estimate of $1.10. Oppenheimer has a “Outperform” score and a $52.00 price target on the inventory. The consensus estimate for Aim Economic Partners’ latest comprehensive-calendar year earnings is $4.35 for every share. Oppenheimer also issued estimates for Concentration Financial Partners’ Q4 2022 earnings at $1.09 EPS. Emphasis Monetary Associates (NASDAQ:FOCS – Get Ranking) previous released its earnings outcomes on Thursday, May perhaps 5th. The corporation described $1.08 earnings for every share for the quarter, beating the consensus estimate of $.99 by $.09. Aim Fiscal Companions experienced a return on equity of 25.03{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a web margin of 2.02{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The organization experienced revenue of $536.57 million for the quarter, in contrast to analysts’ expectations of $515.65 million. In the course of the exact quarter in the preceding year, the small business posted $.83 EPS. The business’s earnings for the quarter was up 36.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on a 12 months-in excess of-year basis.

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Various other equities analysts have also not long ago weighed in on FOCS. Truist Fiscal lowered their focus on value on Emphasis Fiscal Partners from $78.00 to $65.00 in a research note on Friday, May possibly 6th. The Goldman Sachs Group lessened their value focus on on Target Economical Companions from $58.00 to $50.00 and set a “acquire” rating for the enterprise in a report on Wednesday, June 29th. Ultimately, Raymond James lowered their price tag concentrate on on Focus Money Partners from $60.00 to $45.00 in a report on Friday, June 17th. Six analysts have rated the inventory with a invest in ranking, In accordance to MarketBeat.com, Focus Economic Partners presently has an ordinary rating of “Buy” and a consensus concentrate on cost of $62.00.

NASDAQ:FOCS opened at $34.75 on Thursday. The company has a financial debt-to-equity ratio of 2.06, a present ratio of 5.21 and a brief ratio of 5.21. Concentrate Economical Associates has a fifty-two 7 days very low of $30.88 and a fifty-two 7 days large of $69.13. The stock’s 50-day going ordinary is $36.22 and its two-hundred working day going typical is $45.00. The inventory has a industry cap of $2.67 billion, a PE ratio of 56.97, a rate-to-earnings-development ratio of .51 and a beta of 1.24.

A quantity of massive traders have not long ago produced improvements to their positions in FOCS. Andrew Hill Investment decision Advisors Inc. obtained a new posture in shares of Focus Monetary Associates for the duration of the fourth quarter valued at $29,000. Trustcore Fiscal Providers LLC grew its holdings in shares of Emphasis Economical Companions by 100.{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the duration of the fourth quarter. Trustcore Financial Providers LLC now owns 1,000 shares of the firm’s inventory well worth $60,000 soon after shopping for an supplemental 500 shares in the last quarter. Captrust Fiscal Advisors grew its stake in Emphasis Financial Companions by 1,165.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. Captrust Monetary Advisors now owns 1,949 shares of the company’s inventory valued at $102,000 right after paying for an added 1,795 shares in the previous quarter. Place72 Hong Kong Ltd purchased a new posture in Aim Monetary Associates in the fourth quarter valued at roughly $126,000. Lastly, Wonderful West Lifetime Assurance Co. Can lifted its situation in shares of Concentration Money Associates by 17.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 1st quarter. Fantastic West Daily life Assurance Co. Can now owns 2,697 shares of the company’s inventory valued at $131,000 right after buying an supplemental 399 shares through the very last quarter. Hedge funds and other institutional buyers very own 92.60{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the firm’s inventory.

Emphasis Monetary Companions Company Profile (Get Score)

Aim Economic Companions Inc provides wealth administration companies to mostly ultra-higher and large net well worth people today, households, and company entities. Its wealth administration companies include things like investment decision information, economical and tax planning, consulting, tax return planning, household business services, and other services.

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This immediate news alert was produced by narrative science engineering and fiscal data from MarketBeat in order to provide audience with the fastest and most accurate reporting. This tale was reviewed by MarketBeat’s editorial team prior to publication. Make sure you send out any concerns or responses about this tale to make contact with@marketbeat.com.

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November 17, 2021

Capital One Financial Analysts Decrease Earnings Estimates for Laredo Petroleum, Inc. (NYSE:LPI)

Laredo Petroleum, Inc. (NYSE:LPI) – Capital One Financial dropped their FY2021 earnings estimates for shares of Laredo Petroleum in a report released on Tuesday, November 16th. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will post earnings of $8.79 per share for the year, down from their previous estimate of $8.96. Capital One Financial also issued estimates for Laredo Petroleum’s Q4 2021 earnings at $3.56 EPS.

Several other research firms have also recently commented on LPI. Wells Fargo & Company boosted their price target on shares of Laredo Petroleum from $68.00 to $69.00 and gave the company an “underweight” rating in a report on Wednesday, October 13th. Raymond James boosted their target price on shares of Laredo Petroleum from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 26th. Finally, Piper Sandler boosted their target price on shares of Laredo Petroleum from $49.00 to $81.00 and gave the stock a “neutral” rating in a research report on Thursday, October 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Laredo Petroleum currently has a consensus rating of “Hold” and an average target price of $72.60.

NYSE LPI opened at $69.60 on Wednesday. Laredo Petroleum has a twelve month low of $10.39 and a twelve month high of $99.26. The company has a debt-to-equity ratio of 6.02, a quick ratio of 0.34 and a current ratio of 0.34. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of -3.10 and a beta of 4.19. The firm’s 50 day moving average price is $75.65 and its two-hundred day moving average price is $63.99. Laredo Petroleum (NYSE:LPI) last issued its earnings results on Tuesday, November 2nd. The oil and gas producer reported $1.84 EPS for the quarter, missing the Zacks’ consensus estimate of $2.90 by ($1.06). Laredo Petroleum had a negative net margin of 21.33{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a negative return on equity of 2,190.66{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. During the same period last year, the company earned $4.02 earnings per share.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. L & S Advisors Inc bought a new stake in Laredo Petroleum during the second quarter worth about $2,537,000. Dimensional Fund Advisors LP grew its stake in shares of Laredo Petroleum by 15.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the first quarter. Dimensional Fund Advisors LP now owns 377,611 shares of the oil and gas producer’s stock valued at $11,351,000 after purchasing an additional 51,786 shares during the last quarter. Balyasny Asset Management LLC bought a new stake in shares of Laredo Petroleum during the second quarter valued at approximately $5,716,000. Principal Financial Group Inc. grew its stake in shares of Laredo Petroleum by 8.0{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the second quarter. Principal Financial Group Inc. now owns 66,885 shares of the oil and gas producer’s stock valued at $6,206,000 after purchasing an additional 4,929 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in Laredo Petroleum by 30.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. First Trust Advisors LP now owns 47,089 shares of the oil and gas producer’s stock valued at $4,369,000 after buying an additional 11,128 shares during the period. 70.49{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by institutional investors and hedge funds.

In other news, CEO M. Jason Pigott sold 13,400 shares of the company’s stock in a transaction dated Tuesday, November 9th. The shares were sold at an average price of $72.60, for a total transaction of $972,840.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.30{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by corporate insiders.

Laredo Petroleum Company Profile

Laredo Petroleum, Inc engages in the exploration, development and acquisition of oil and natural gas properties. It operates in the Permian Basin in West Texas. The company was founded by Randy A. Foutch in October 2006 and is headquartered in Tulsa, OK.

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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]

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October 8, 2021

National Bank Financial Analysts Decrease Earnings Estimates for Newmont Co. (NYSE:NEM)

Newmont Co. (NYSE:NEM) – Research analysts at National Bank Financial cut their FY2021 EPS estimates for shares of Newmont in a note issued to investors on Tuesday, October 5th. National Bank Financial analyst M. Parkin now forecasts that the basic materials company will post earnings of $3.32 per share for the year, down from their previous forecast of $3.52. National Bank Financial currently has a “Outperform” rating and a $105.00 target price on the stock. National Bank Financial also issued estimates for Newmont’s FY2022 earnings at $3.49 EPS.

Other equities analysts have also issued research reports about the company. Zacks Investment Research lowered Newmont from a “hold” rating to a “sell” rating and set a $63.00 price target on the stock. in a report on Tuesday, July 27th. TD Securities lowered Newmont from a “buy” rating to a “hold” rating and lowered their price objective for the company from $74.00 to $70.00 in a report on Friday, July 23rd. Raymond James lowered their price objective on Newmont from $82.00 to $81.00 and set an “outperform” rating on the stock in a report on Wednesday. KeyCorp began coverage on Newmont in a report on Friday, September 24th. They issued a “sector weight” rating on the stock. Finally, UBS Group set a $64.00 price objective on Newmont and gave the company a “neutral” rating in a report on Friday, July 23rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $72.54.

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NYSE NEM opened at $54.61 on Friday. The company has a quick ratio of 2.33, a current ratio of 2.67 and a debt-to-equity ratio of 0.23. Newmont has a 52-week low of $53.03 and a 52-week high of $75.31. The business’s 50-day moving average price is $57.22 and its 200 day moving average price is $62.57. The firm has a market cap of $43.64 billion, a P/E ratio of 15.30 and a beta of 0.23. Newmont (NYSE:NEM) last released its quarterly earnings results on Thursday, July 22nd. The basic materials company reported $0.83 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.07. Newmont had a return on equity of 11.78{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a net margin of 23.00{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The firm had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.11 billion. During the same quarter last year, the company posted $0.32 earnings per share. The business’s revenue was up 29.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 23rd. Investors of record on Thursday, September 9th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, September 8th. This represents a $2.20 annualized dividend and a dividend yield of 4.03{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Newmont’s dividend payout ratio is currently 82.71{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

In other Newmont news, SVP Blake Rhodes sold 500 shares of Newmont stock in a transaction that occurred on Wednesday, September 1st. The shares were sold at an average price of $58.10, for a total value of $29,050.00. Following the completion of the sale, the senior vice president now directly owns 48,726 shares of the company’s stock, valued at approximately $2,830,980.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Thomas Ronald Palmer sold 7,000 shares of Newmont stock in a transaction that occurred on Friday, October 1st. The stock was sold at an average price of $54.65, for a total transaction of $382,550.00. The disclosure for this sale can be found here. Insiders have sold a total of 25,588 shares of company stock valued at $1,435,117 over the last 90 days. Insiders own 0.12{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. FormulaFolio Investments LLC purchased a new stake in Newmont in the 1st quarter worth approximately $34,000. Aspire Private Capital LLC grew its stake in shares of Newmont by 3,592.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the 1st quarter. Aspire Private Capital LLC now owns 517 shares of the basic materials company’s stock valued at $31,000 after buying an additional 503 shares during the period. Strategic Blueprint LLC purchased a new stake in shares of Newmont during the 2nd quarter valued at $37,000. Bbva USA purchased a new stake in shares of Newmont during the 2nd quarter valued at $38,000. Finally, Mizuho Securities Co. Ltd. purchased a new stake in shares of Newmont during the 1st quarter valued at $36,000. 77.76{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by hedge funds and other institutional investors.

About Newmont

Newmont Corp. is a gold producer, which engages in the production of gold. It operates through the following geographical segments: North America, South America, Nevada, Australia, and Africa. The North America segment consists primarily of carlin, phoenix, twin creeks and long canyon in the state of Nevada and Cripple Creek and Victor in the state of Colorado, in the United States.

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