After having gained over 1,000 percent since its listing in 2005, online gaming and casino operator�Delta Corp�is on Motilal Oswal��s radar after reporting a decent set of numbers for the March quarter.
The brokerage noted how the company's revenue exceeded expectations, largely on the back of higher gaming revenue. It has maintained its 'buy' call on the stock with a price target of Rs 327, which implies an upside of 15 percent.
The company registered a respectable performance on the profitability front as well, with net profit quadrupling year-on-year to Rs 45.66 crore.
related news PI Industries likely to test Rs 1000: Akash Jain Despite gaining over 400% in 5 years, a brokerage sees this fertiliser stock rising more Gujarat State Fertilizers & Chemicals likely to test Rs 180: Akash JainMotilal Oswal pointed out that while Delta Corp's advertisement and promotion�expenses could drive user registrations, higher spend has led to the online gaming and casino business margin contracting to 14 percent.
Top 5 Casino Stocks To Buy For 2019: Nexstar Broadcasting Group Inc.(NXST)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on Nexstar Media Group (NXST)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Nexstar Media Group (NASDAQ:NXST) had its price target cut by B. Riley to $87.00. They currently have a buy rating on the stock.
Ralph Lauren (NYSE:RL) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Ralph Lauren outperformed the industry in the past six months backed by robust bottom-line performance in recent quarters. Notably, third-quarter fiscal 2018 marked the company’s 12th consecutive earnings beat while sales lagged estimates after a beat in the previous quarter. Additionally, the company’s Way Forward Plan is on track, and it remains keen on bolstering digital and international presence. Also, the company has been gaining from favorable geographic and channel mix shifts along with lower promotions and reduced product costs. Further, management adjusted fiscal 2018 outlook to account for the positive currency rates, which are likely to aid revenues and operating margins. However, its North America business continues to suffer due to distribution and brand exits, planned reduction in shipments and promotions to enhance the quality of sales, and lower customer demand.”
- [By Stephan Byrd]
Nexstar Media Group (NASDAQ: NXST) and Liberty Media Formula One Series C (NASDAQ:FWONK) are both mid-cap consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, institutional ownership, earnings, profitability and risk.
Top 5 Casino Stocks To Buy For 2019: China Automotive Systems, Inc.(CAAS)
Advisors' Opinion:- [By Joseph Griffin]
Tenneco (NYSE: TEN) and China Automotive Systems (NASDAQ:CAAS) are both auto/tires/trucks companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, dividends and valuation.
- [By Joseph Griffin]
TRADEMARK VIOLATION WARNING: “Brokerages Expect China Automotive Systems (CAAS) to Post $0.18 Earnings Per Share” was originally reported by Ticker Report and is the property of of Ticker Report. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/3349149/brokerages-expect-china-automotive-systems-caas-to-post-0-18-earnings-per-share.html.
- [By Ethan Ryder]
News stories about China Automotive Systems (NASDAQ:CAAS) have been trending somewhat positive on Wednesday, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. China Automotive Systems earned a news impact score of 0.00 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 47.4904091752746 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
- [By Logan Wallace]
Media coverage about China Automotive Systems (NASDAQ:CAAS) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. China Automotive Systems earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave media stories about the auto parts company an impact score of 45.9702420023483 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Top 5 Casino Stocks To Buy For 2019: Enduro Royalty Trust(NDRO)
Advisors' Opinion:- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers Jounce Therapeutics, Inc. (NASDAQ: JNCE) fell 32.5 percent to $11.92 in pre-market trading. Jounce Therapeutics reported that data from ongoing ICONIC trial of JTX-2011 will be presented at the ASCO. Acxiom Corporation (NASDAQ: ACXM) fell 10.7 percent to $24.60 in pre-market trading. Acxiom reported stronger-than-expected results for its fourth quarter, but issued weak FY19 guidance. American Public Education, Inc. (NASDAQ: APEI) shares fell 10.7 percent to $35 in pre-market trading. Enduro Royalty Trust (NYSE: NDRO) shares fell 8.5 percent to $3.25 in pre-market trading after tumbling 10.76 percent on Wednesday. NetEase, Inc. (NASDAQ: NTES) fell 8.3 percent to $244.00 in pre-market trading after reporting Q1 results. Aircastle Limited (NYSE: AYR) fell 7.2 percent to $21.30 in pre-market trading after announcing 7.9 million secondary offering of common shares. Boxlight Corporation (NASDAQ: BOXL) shares fell 5.6 percent to $9.29 in pre-market trading after rising 2.29percent on Wednesday. Brainstorm Cell Therapeutics Inc. (NASDAQ: BCLI) shares fell 5.3 percent to $3.93 in pre-market trading after rising 5.60 percent on Wednesday. Cisco Systems, Inc. (NASDAQ: CSCO) fell 4 percent to $43.40 in pre-market trading. Cisco reported better-than-expected results for its third quarter. The company sees fourth quarter earnings in the range of 68 cents-70 cents with sales growth of 4-6 percent. Jack in the Box Inc. (NASDAQ: JACK) fell 3.2 percent to $88.45 in pre-market trading after the company reported downbeat results for its second quarter. Comps were down 0.1 percent in the quarter. The company sees third-quarter comps coming in flat to up 1 percent. Children's Place, Inc. ( - [By Joseph Griffin]
Get a free copy of the Zacks research report on Enduro Royalty Trust (NDRO)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Casino Stocks To Buy For 2019: SunTrust Banks, Inc.(STI)
Advisors' Opinion:- [By Matthew Frankel]
Michael Douglass:�Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.�It's�Monday, April 23rd,�and we have a round-up of financials news: yet�another Wells Fargo�fine, Morgan Stanley�(NYSE:MS) and Goldman Sachs�(NYSE:GS) earnings, and a data breach at�SunTrust (NYSE:STI). I'm your host,�Michael Douglass, and I'm joined by Matt Frankel. Matt,�welcome back! Let's hop right in,�because really, quite a bit of interesting news�for us to talk about today. First off,�Wells Fargo was fined $1 billion from the�Consumer Financial Protection Bureau.
- [By Motley Fool Staff]
It seems like we're hearing about new data breaches on a regular basis, and SunTrust's (NYSE:STI) recent one affecting 1.5 million customers could seem alarming. Here's what investors -- and consumers -- need to know about it and how this one is different from some of the other high-profile data breaches we've heard about.
- [By Lee Jackson]
This top regional has made big strides in traditional banking and with its broker-dealer side.�SunTrust Banks Inc. (NYSE: STI) is an Atlanta-based banking organization with total assets of around $173 billion and is the eighth largest bank in the United States�by deposits and branches.
Top 5 Casino Stocks To Buy For 2019: iShares MSCI All Peru Capped ETF (EPU)
Advisors' Opinion:- [By Max Byerly]
iShares MSCI All Peru Capped Index Fund (BMV:EPU) declared a semiannual dividend on Wednesday, June 20th, Wall Street Journal reports. Shareholders of record on Wednesday, June 20th will be given a dividend of 0.3845 per share on Monday, June 25th. This represents a yield of 1.91%. The ex-dividend date of this dividend is Tuesday, June 19th.
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