Estimates Archives - Page 2 of 19

March 16, 2023

Capital One Financial Analysts Reduce Earnings Estimates for Enerplus Co. (NYSE:ERF)

→ Uncommon Passive Profits Expense (Located on a Golf Class) (From Oxford Club)

Enerplus Co. (NYSE:ERF – Get Score) (TSE:ERF) – Capital Just one Fiscal dropped their Q1 2023 earnings estimates for Enerplus in a investigation observe issued to buyers on Tuesday, March 14th. Money 1 Economical analyst B. Velie now anticipates that the oil and all-natural fuel enterprise will submit earnings of $.66 for each share for the quarter, down from their prior estimate of $.70. The consensus estimate for Enerplus’ existing complete-yr earnings is $2.71 for each share. Funds Just one Economic also issued estimates for Enerplus’ Q2 2023 earnings at $.62 EPS, Q3 2023 earnings at $.67 EPS, Q4 2023 earnings at $.69 EPS, FY2023 earnings at $2.64 EPS, FY2024 earnings at $2.78 EPS and FY2025 earnings at $2.92 EPS.

ERF has been the matter of a variety of other investigation reports. Scotiabank cut their concentrate on rate on shares of Enerplus from C$26.00 to C$25.00 in a investigation report on Tuesday, January 17th. Barclays assumed protection on shares of Enerplus in a analysis report on Wednesday, January 18th. They set an “equal fat” ranking for the firm. Two investigation analysts have rated the stock with a maintain score and five have assigned a obtain score to the company’s stock. According to knowledge from MarketBeat, the stock has an regular ranking of “Average Get” and an common concentrate on rate of $24.75.

Enerplus Stock Performance

Shares of ERF opened at $14.50 on Wednesday. The corporation has a present-day ratio of .81, a quick ratio of .81 and a debt-to-fairness ratio of .17. The stock has a marketplace cap of $3.16 billion, a P/E ratio of 3.79 and a beta of 2.19. The corporation has a 50-day shifting ordinary of $16.69 and a two-hundred day relocating typical of $16.61. Enerplus has a 12-month reduced of $11.00 and a 12-month significant of $19.23.

Enerplus Will increase Dividend

The company also lately declared a quarterly dividend, which will be paid out on Wednesday, March 15th. Investors of record on Monday, March 6th will be issued a $.111 dividend. This represents a $.44 dividend on an annualized foundation and a produce of 3.06{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is an maximize from Enerplus’s past quarterly dividend of $.06. The ex-dividend date of this dividend is Friday, March 3rd. Enerplus’s payout ratio is presently 5.74{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Institutional Traders Weigh In On Enerplus

A amount of institutional investors have recently acquired and bought shares of ERF. Belpointe Asset Administration LLC bought a new stake in Enerplus throughout the fourth quarter really worth around $25,000. CWM LLC procured a new stake in Enerplus through the third quarter truly worth approximately $27,000. Bessemer Group Inc. procured a new posture in shares of Enerplus in the fourth quarter valued at $35,000. Quantbot Systems LP obtained a new place in shares of Enerplus in the 1st quarter valued at $37,000. Lastly, Rockefeller Cash Management L.P. boosted its stake in shares of Enerplus by 323.{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. Rockefeller Money Administration L.P. now owns 3,012 shares of the oil and organic gas firm’s inventory valued at $53,000 immediately after buying an additional 2,300 shares during the time period. 53.01{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is at this time owned by hedge funds and other institutional buyers.

Enerplus Corporation Profile

(Get Score)

Enerplus Corp. engages in the exploration and generation of crude oil and purely natural gas. It conducts functions in Willston Basin, Marcellus Shale, and Canadian Waterfloods. The company retains passions in North Dakota, Colorado, Pennsylvania, and in the provinces of Alberta and Saskatchewan. The company was founded in 1986 and is headquartered in Calgary, Canada.

Showcased Stories

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March 9, 2023

National Bank Financial Analysts Raise Trisura Group Ltd. Earnings Estimates (TSE:TSU)

Many other people viewed as equity industry experts have also penned about the stock.

BMO Capital Markets mentioned in a report built community on Thursday that they experienced reduced their concentrate on price tag for Trisura Team shares from C$52.00 to C$49.00.

This improve was built in response to new sector gatherings.

In a research note produced public on November 7th, TD Securities moved the ranking of Trisura Group from “hold” to “buy,” reflecting the firm’s extra bullish outlook on the enterprise.

Additionally, TD Securities increased its value aim for the stock, shifting it from $53.00 Canadian to 55.00 Canadian pounds.

The “outperform” ranking that Raymond James had presented to the shares of Trisura Group was reduced, and the price focus on that Raymond James had established for people shares was decreased from C$56.00 to C$52.00.

A analysis notice printed on Thursday produced both equally of these alterations regarded to the basic community for the initial time. Subsequent the launch of new exploration on Thursday, Scotiabank decreased its rate estimate for Trisura Group from $55.00 to $52.00.
Final but not minimum, in a research take note posted on Thursday, Nationwide Bankshares downgraded their “outperform” score for Trisura Group.

They lowered their focus on price, which had earlier been set at C$69.00 but has since been decreased to C$62.00.

In addition to these improvements, Countrywide Bankshares also reduced their price tag target.

There are at the moment five analysts who have assigned a buy rating to the stock, although only 1 analyst has assigned a hold score to the inventory.

The organization has received a suggestion of “Moderate Buy” from the group of analysts,” and the average rate target they have established for the corporation is 53.71 Canadian bucks.

These quantities were being taken from the web-site Bloomberg.com.
When trading began on Monday, a share of TSU stock was likely for a selling price of C$36.54 for each share.

The firm has viewed a shifting ordinary of $41.56 around the previous 50 days, although the shifting average in excess of the last 200 times has been $39.73.

Trisura Group accomplished a just one-12 months significant value of 47.90 Canadian dollars, when the enterprise posted a a person-year reduced cost of 29.12.

The credit card debt-to-fairness ratio is 16.55, the current ratio is .84, and the quick ratio is .22.

All of these figures are in ratio variety.

These numbers are all introduced in the type of a ratio.

A price tag-to-earnings ratio of 21.00, a beta value of .80, and a market capitalization of 1.67 billion Canadian dollars give the company its worth.

In a study take note distributed to customers and buyers on March 1st, inventory analysts operating for Countrywide Bank Economic elevated their anticipations for the company’s earnings for every share (EPS) for the fiscal yr ending in 2024.

Trisura Team Ltd (TSE:TSU) is traded on the Toronto Inventory Trade (TSE).

Following examining the most current money outcomes of the corporation, the analyst performing for Nationwide Financial institution Fiscal, J. Gloyn, revised his previously estimate of the company’s profits for every share, rising it from $2.35 to $2.47.

The present-day earnings forecast for the total yr at Trisura Group is $2.07 for every share.

Trisura Team Ltd is a specialised insurance coverage company that operates in various international locations, such as Canada, the United States, and other spots.

The business primarily focuses on offering insurance coverage companies in the marketplaces for surety, hazard management, corporate insurance, and reinsurance. Industrial surety bonds, such as license and allow, tax and excise, and fiduciary bonds, are submitted to governing bodies, regulatory organizations, or courts to promise compliance with authorized or fiduciary obligations. Surety bonds for builders contain bonds to defend real estate developers’ legally needed deposits and guarantee commitments on residential homes. Surety bonds for developers are also identified as general performance bonds for builders. Assured monetary defense for household real estate builders and developers.

March 5, 2023

Jefferies Financial Group Analysts Lower Earnings Estimates for The Procter & Gamble Company (NYSE:PG)

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The Procter & Gamble Company (NYSE:PG – Get Rating) – Equities research analysts at Jefferies Financial Group decreased their Q3 2023 EPS estimates for shares of Procter & Gamble in a research note issued on Wednesday, March 1st. Jefferies Financial Group analyst K. Grundy now expects that the company will earn $1.29 per share for the quarter, down from their previous estimate of $1.31. The consensus estimate for Procter & Gamble’s current full-year earnings is $5.84 per share. Jefferies Financial Group also issued estimates for Procter & Gamble’s FY2023 earnings at $5.81 EPS.

PG has been the topic of a number of other research reports. Wolfe Research began coverage on shares of Procter & Gamble in a report on Monday, November 21st. They set an “outperform” rating and a $156.00 price objective on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Procter & Gamble from $156.00 to $162.00 and gave the stock a “buy” rating in a report on Tuesday, December 6th. Barclays decreased their price objective on shares of Procter & Gamble from $161.00 to $158.00 and set an “overweight” rating on the stock in a report on Monday, January 23rd. Credit Suisse Group decreased their price objective on shares of Procter & Gamble from $140.00 to $130.00 and set a “neutral” rating on the stock in a report on Tuesday, November 15th. Finally, Raymond James increased their price objective on shares of Procter & Gamble from $165.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday, January 13th. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and an average target price of $155.67.

Procter & Gamble Stock Up 1.6 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

PG opened at $139.93 on Friday. Procter & Gamble has a twelve month low of $122.18 and a twelve month high of $164.90. The firm’s 50-day simple moving average is $144.52 and its 200-day simple moving average is $141.21. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.37 and a current ratio of 0.56. The firm has a market cap of $330.11 billion, a price-to-earnings ratio of 24.55, a PEG ratio of 3.84 and a beta of 0.40.

Procter & Gamble (NYSE:PG – Get Rating) last posted its earnings results on Thursday, January 19th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.01. Procter & Gamble had a net margin of 17.79{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a return on equity of 32.03{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The business had revenue of $20.77 billion for the quarter, compared to analyst estimates of $20.75 billion. During the same quarter in the prior year, the firm earned $1.66 EPS. The firm’s quarterly revenue was down .9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} compared to the same quarter last year.

Institutional Trading of Procter & Gamble

Several hedge funds have recently bought and sold shares of the stock. EWG Elevate Inc. bought a new position in shares of Procter & Gamble during the 4th quarter worth approximately $26,000. Silicon Valley Capital Partners bought a new position in shares of Procter & Gamble during the 4th quarter worth approximately $28,000. Legend Financial Advisors Inc. bought a new position in shares of Procter & Gamble during the 3rd quarter worth approximately $30,000. Luken Investment Analytics LLC bought a new position in shares of Procter & Gamble during the 4th quarter worth approximately $37,000. Finally, Kepos Capital LP bought a new position in shares of Procter & Gamble during the 4th quarter worth approximately $38,000. 62.13{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In related news, CFO Andre Schulten sold 1,311 shares of the stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total value of $180,052.74. Following the sale, the chief financial officer now directly owns 35,142 shares in the company, valued at approximately $4,826,402.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO Jon R. Moeller sold 2,151 shares of the stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total value of $295,418.34. Following the sale, the chief executive officer now directly owns 226,748 shares in the company, valued at approximately $31,141,570.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Andre Schulten sold 1,311 shares of the firm’s stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total transaction of $180,052.74. Following the sale, the chief financial officer now owns 35,142 shares in the company, valued at $4,826,402.28. The disclosure for this sale can be found here. Insiders have sold 4,766 shares of company stock worth $656,511 in the last ninety days. Company insiders own 0.26{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 15th. Shareholders of record on Friday, January 20th were given a dividend of $0.9133 per share. The ex-dividend date was Thursday, January 19th. This represents a $3.65 dividend on an annualized basis and a yield of 2.61{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Procter & Gamble’s payout ratio is presently 64.04{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

About Procter & Gamble

(Get Rating)

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.

Capital One Financial Analysts Lower Earnings Estimates for Western Midstream Partners, LP (NYSE:WES)

→ Urgent Warning (From Weiss Ratings)

Western Midstream Partners, LP (NYSE:WES – Get Rating) – Equities researchers at Capital One Financial cut their Q1 2023 earnings per share estimates for shares of Western Midstream Partners in a research note issued to investors on Friday, February 24th. Capital One Financial analyst P. Johnston now expects that the pipeline company will post earnings of $0.58 per share for the quarter, down from their previous estimate of $0.67. The consensus estimate for Western Midstream Partners’ current full-year earnings is $2.95 per share. Capital One Financial also issued estimates for Western Midstream Partners’ Q2 2023 earnings at $0.64 EPS, Q3 2023 earnings at $0.68 EPS, Q4 2023 earnings at $0.71 EPS, FY2023 earnings at $2.62 EPS and FY2024 earnings at $3.07 EPS.

Several other research firms have also weighed in on WES. Citigroup assumed coverage on Western Midstream Partners in a research report on Thursday, December 8th. They set a “buy” rating and a $33.00 price target on the stock. Barclays boosted their price target on Western Midstream Partners from $31.00 to $33.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 18th. JPMorgan Chase & Co. decreased their target price on Western Midstream Partners from $35.00 to $33.00 and set an “overweight” rating on the stock in a report on Monday, January 23rd. Morgan Stanley boosted their target price on Western Midstream Partners from $35.00 to $37.00 and gave the stock an “overweight” rating in a report on Monday, January 9th. Finally, Mizuho boosted their target price on Western Midstream Partners from $33.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, January 31st. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.33.

Western Midstream Partners Stock Down 0.5 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

NYSE:WES opened at $26.43 on Monday. The firm has a market capitalization of $10.17 billion, a price-to-earnings ratio of 8.81 and a beta of 2.79. Western Midstream Partners has a twelve month low of $21.95 and a twelve month high of $29.50. The stock’s 50 day moving average price is $27.19 and its two-hundred day moving average price is $27.18. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 2.34.

Western Midstream Partners (NYSE:WES – Get Rating) last posted its quarterly earnings results on Wednesday, February 22nd. The pipeline company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.13. The firm had revenue of $779.40 million for the quarter, compared to analyst estimates of $800.50 million. Western Midstream Partners had a return on equity of 37.90{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a net margin of 37.22{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The business’s quarterly revenue was up 8.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.58 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Natixis grew its holdings in Western Midstream Partners by 100.0{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 4th quarter. Natixis now owns 410,000 shares of the pipeline company’s stock valued at $11,008,000 after buying an additional 205,000 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in Western Midstream Partners by 21.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 43,846 shares of the pipeline company’s stock valued at $1,177,000 after buying an additional 7,800 shares in the last quarter. State of Wyoming lifted its position in shares of Western Midstream Partners by 13.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the 4th quarter. State of Wyoming now owns 6,288 shares of the pipeline company’s stock valued at $169,000 after acquiring an additional 769 shares during the period. Apollon Wealth Management LLC lifted its position in shares of Western Midstream Partners by 3.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the 4th quarter. Apollon Wealth Management LLC now owns 19,304 shares of the pipeline company’s stock valued at $518,000 after acquiring an additional 693 shares during the period. Finally, Linscomb & Williams Inc. bought a new stake in shares of Western Midstream Partners during the 4th quarter valued at $451,000. 91.96{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by institutional investors and hedge funds.

Western Midstream Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 13th. Shareholders of record on Wednesday, February 1st were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 7.57{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The ex-dividend date was Tuesday, January 31st. Western Midstream Partners’s dividend payout ratio is 66.67{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

About Western Midstream Partners

(Get Rating)

Western Midstream Partners LP owns, operates, acquires and develops midstream energy assets. It engages in the business of gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil for Anadarko, as well as third-party producers and customers.

Jefferies Financial Group Analysts Lower Earnings Estimates for Udemy, Inc. (NASDAQ:UDMY)

→ Man Who Predicted 2008 Crash Warns of Shocking Event in 2023 (From Porter & Company)

Udemy, Inc. (NASDAQ:UDMY – Get Rating) – Stock analysts at Jefferies Financial Group reduced their Q1 2023 earnings per share (EPS) estimates for shares of Udemy in a report issued on Wednesday, February 15th. Jefferies Financial Group analyst B. Thill now forecasts that the company will earn ($0.22) per share for the quarter, down from their prior forecast of ($0.15). The consensus estimate for Udemy’s current full-year earnings is ($0.60) per share. Jefferies Financial Group also issued estimates for Udemy’s Q2 2023 earnings at ($0.16) EPS, Q3 2023 earnings at ($0.13) EPS, Q4 2023 earnings at ($0.08) EPS, FY2023 earnings at ($0.59) EPS and FY2024 earnings at ($0.36) EPS.

A number of other analysts also recently commented on UDMY. Robert W. Baird decreased their price target on Udemy from $16.00 to $15.00 and set an “outperform” rating for the company in a research report on Wednesday, February 15th. Needham & Company LLC reduced their price target on Udemy from $17.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, February 15th. KeyCorp reduced their target price on Udemy from $19.00 to $15.00 and set an “overweight” rating on the stock in a report on Wednesday, February 15th. Cantor Fitzgerald lowered their price objective on Udemy from $20.00 to $18.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 15th. Finally, Morgan Stanley lowered their price target on Udemy from $16.00 to $15.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 15th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $16.80.

Udemy Price Performance

NASDAQ UDMY opened at $10.65 on Monday. The business has a 50 day simple moving average of $11.42 and a 200 day simple moving average of $13.30. The stock has a market capitalization of $1.51 billion, a P/E ratio of -9.86 and a beta of 1.74. Udemy has a one year low of $9.47 and a one year high of $17.26.

Institutional Trading of Udemy

A number of institutional investors and hedge funds have recently modified their holdings of the stock. IFP Advisors Inc acquired a new position in Udemy in the 3rd quarter valued at about $32,000. Daiwa Securities Group Inc. increased its position in shares of Udemy by 70.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Daiwa Securities Group Inc. now owns 2,900 shares of the company’s stock valued at $35,000 after purchasing an additional 1,200 shares during the last quarter. Point72 Hong Kong Ltd increased its position in shares of Udemy by 141.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Point72 Hong Kong Ltd now owns 3,184 shares of the company’s stock valued at $38,000 after purchasing an additional 1,868 shares during the last quarter. Lazard Asset Management LLC purchased a new position in shares of Udemy in the 1st quarter valued at $46,000. Finally, Quantbot Technologies LP purchased a new position in shares of Udemy in the 2nd quarter valued at $58,000. Hedge funds and other institutional investors own 73.26{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

Insider Transactions at Udemy

In other news, insider Gregory Scott Brown sold 317,740 shares of Udemy stock in a transaction on Wednesday, December 21st. The shares were sold at an average price of $10.67, for a total transaction of $3,390,285.80. Following the completion of the sale, the insider now directly owns 965,262 shares in the company, valued at $10,299,345.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Udemy news, insider Gregory Scott Brown sold 317,740 shares of the company’s stock in a transaction dated Wednesday, December 21st. The shares were sold at an average price of $10.67, for a total value of $3,390,285.80. Following the completion of the transaction, the insider now owns 965,262 shares in the company, valued at $10,299,345.54. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Sarah Blanchard sold 203,110 shares of the company’s stock in a transaction dated Wednesday, December 14th. The stock was sold at an average price of $12.13, for a total transaction of $2,463,724.30. Following the completion of the transaction, the chief financial officer now owns 1,091,709 shares of the company’s stock, valued at approximately $13,242,430.17. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 635,688 shares of company stock worth $7,209,599. Company insiders own 39.20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

About Udemy

(Get Rating)

Udemy, Inc operates a marketplace platform for teaching and learning skills in the United States and internationally. The company offers technical and business skills, and personal development courses for individual learners and enterprise customers. Its platform provides 49 million learners with access to approximately 180,000 courses through direct-to-consumer or Udemy Business offerings in approximately 75 languages.

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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