Latest news with #EvercoreISI
Yahoo
4 hours ago
- Business
- Yahoo
Centrus Energy (LEU) is Among the Energy Stocks that Gained the Most This Week
The share price of Centrus Energy Corp. (NYSEAMERICAN:LEU) surged by 14.44% between June 11 and June 18, 2025, putting it among the Energy Stocks that Gained the Most This Week. A vast construction site with heavy machinery, materials, and workers, showcasing the company's global presence. Centrus Energy Corp. (NYSEAMERICAN:LEU) is a trusted supplier of nuclear fuel and services for the nuclear energy industry. Centrus Energy Corp. (NYSEAMERICAN:LEU) hit a 5-year high this week after a significant jump in the global price of uranium. Uranium futures in the U.S. are currently hovering around the $74.8 mark, up more than 7% over the last week, following a recent announcement by the Sprott Physical Uranium Trust that it would acquire around $200 million worth of physical uranium, twice the amount it initially signaled in its agreement with Canaccord Genuity. Centrus Energy Corp. (NYSEAMERICAN:LEU) also received a boost after the analysts at Evercore ISI raised their price target from $145 to $205, while maintaining an 'Outperform' rating on the stock. While we acknowledge the potential of LEU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
18 hours ago
- Business
- Yahoo
Evercore ISI Keeps Outperform Rating on ExxonMobil (XOM)
Exxon Mobil Corporation (NYSE:XOM) is one of the 10 Best Oil and Gas Stocks to Buy Now. On June 3, Evercore ISI analysts maintained an 'Outperform' rating with a price target of $120 on Exxon Mobil Corporation (NYSE:XOM). This decision comes after a lunch meeting in New York City with the company's CEO, Darran Woods, where Exxon's strategic advantages over its peers were discussed. Aerial view of a major oil rig in the middle of the sea, pumping crude oil. The analysts noted that Exxon Mobil Corporation (NYSE:XOM) has better chances for higher returns in its upstream business and has an efficient downstream scale. The company's streamlined corporate cost structure and operating model were highlighted as key reasons that position the company well for better returns on capital. Exxon Mobil Corporation's (NYSE:XOM) efforts to reduce the effects of changing oil prices were highlighted. Over the past 9 years, especially under Wood's leadership, the company has focused on cutting costs, successfully completed big projects, and investments based on a $35 per barrel assumption. These actions are expected to help Exxon Mobil Corporation (NYSE:XOM) perform better than its competitors. Analysts also highlighted the company's ability to manage hydrogen and carbon, which are used in all parts of the business, including low-carbon initiatives. This approach is seen as unique and coherent, making Exxon Mobil Corporation's (NYSE:XOM) value proposition and business outlook more stable. To conclude, the report states that XOM will continue to attract a larger share of energy investment flows, from both active and passive investors, and Exxon Mobil Corporation (NYSE:XOM) will remain a leader in the energy industry. Exxon Mobil Corporation (NYSE:XOM) is an American oil and gas company that manages an industry-leading portfolio of resources. It is one of the world's largest integrated fuels, lubricants, and chemical companies. While we acknowledge the potential of XOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Sign in to access your portfolio
Yahoo
19 hours ago
- Business
- Yahoo
This Nuclear Energy Stock Just Got a Big Government Boost. Should You Buy It Here?
Centrus Energy (LEU) shares inched up on Friday after the nuclear energy company secured an extension on its government contract to produce High-Assay, Low-Enriched Uranium (HALEU). LEU's press release valued the one-year extension at about $110 million, adding that the Department of Energy (DOE) has the option to extend that contract for up to eight more years. Dear Tesla Stock Fans, Mark Your Calendars for June 30 3 ETFs with Dividend Yields of 12% or Higher for Your Income Portfolio This Options Tool Can Show You How to Trade Tesla Stock Ahead of Robotaxi Day Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Including today's gain, Centrus Energy stock is up more than 280% versus its low set in early April. The HALEU contract extension is rather meaningful for Centrus Energy stock as it ensures continued visibility into future revenues. Additionally, this government extension reinforces the clean energy firm's pivotal role in restoring the country's ability to enrich uranium (UXM25) as well. With up to eight additional years of production still on the table, the DOE deal positions LEU as a long-term strategic partner in fueling next-generation nuclear reactors. As global interest in clean, secure energy intensifies, partly due to rapidly increasing demand from AI – Maryland-based Centrus stands to benefit from both commercial and national security-driven demand for HALEU. That makes LEU shares more attractive for long-term growth investors. Despite its meteoric run in recent months, Evercore ISI analysts are convinced that Centrus Energy stock has further room to the upside. Earlier this week, the investment firm reiterated its 'Outperform' rating on the clean energy stock and raised its price target to $205, which indicates potential upside of another 8.5% from current levels. Evercore ISI remains positive on LEU shares mostly because Centrus is the only company that the Nuclear Regulatory Commission has licensed so far for HALEU production. According to its analysts, the U.S. must 'unleash its advanced nuclear energy' to win the AI race. Other Wall Street analysts are nowhere near as constructive on LEU stock as Evercore ISI since it's already pricing in a lot of the good news. While the consensus rating on Centrus Energy remains at 'Strong Buy,' the mean target of about $157 indicates potential 'downside' of as much as 17% from here. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Globe and Mail
21 hours ago
- Business
- Globe and Mail
Here's Why Top Analysts Are Becoming More Bullish on IBM Stock
Tech giant IBM (IBM) recently received two price target hikes as analysts grow more optimistic about the company's transformation and growth outlook. Indeed, Bank of America, led by five-star analyst Wamsi Mohan, raised its price target from $290 to $320, while maintaining a Buy rating. The firm noted that critics still view IBM as a 'value trap' based on its pre-2020 performance. However, it pointed out that the company has significantly evolved over the past five years. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In fact, the firm is focusing its software segment on higher-growth opportunities through strategic acquisitions and moving away from slower and higher-cost legacy businesses. According to the analyst, this shift now positions IBM to accelerate its revenue growth, which should cause the stock price to continue climbing. At the same time, Evercore ISI raised its price target on IBM from $275 to $315 and kept an Outperform rating. The firm, led by five-star analyst Amit Daryanani, expects IBM to maintain mid-to-high single-digit revenue growth and achieve double-digit growth in earnings per share and free cash flow in the coming years. This would allow IBM to potentially generate $16 to $18 in annual EPS within the next three years. Evercore also pointed to recent improvements in market sentiment and a recent expansion of the market's multiple as key reasons for its increased target. What Is the Target Price for IBM? Turning to Wall Street, analysts have a Moderate Buy consensus rating on IBM stock based on seven Buys, five Holds, and two Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average IBM price target of $267.54 per share implies 5.5% downside risk. See more IBM analyst ratings
Yahoo
a day ago
- Business
- Yahoo
Tri Pointe Homes's Q1 Earnings Call: Our Top 5 Analyst Questions
Tri Pointe Homes reported better-than-expected revenue and non-GAAP profit for Q1, yet year-on-year sales declined and the market responded with a modestly negative reaction. Management attributed the results to steady execution in a challenging housing environment, pointing to strong gross margins and disciplined cost control. CEO Doug Bauer noted, 'The spring selling season is off to a slower start than we normally experience,' citing consumer uncertainty driven by economic volatility and trade tensions. The company leveraged targeted incentives and mortgage solutions to support homebuyers, particularly in its well-located communities. Is now the time to buy TPH? Find out in our full research report (it's free). Revenue: $740.9 million vs analyst estimates of $712.5 million (21.1% year-on-year decline, 4% beat) Operating Margin: 10.5%, down from 12.3% in the same quarter last year Backlog: $1.31 billion at quarter end, down 33% year on year Market Capitalization: $2.71 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Stephen Kim (Evercore ISI) pressed CEO Doug Bauer about the company's willingness to operate with lower absorption rates, to which Bauer responded that a 2.5 to 3.0 pace is workable and that increased incentives do not always drive incremental volume. Trevor Allinson (Wolfe Research) asked what would happen if demand falls below current levels; Bauer said 2.5 absorptions per community is a practical floor, and the company would increase incentives only if absolutely necessary to sustain sales. Mike Dahl (RBC Capital Markets) questioned the assumed gross margin trajectory for the year, with CFO Glenn Keeler clarifying that incentive levels are expected to remain steady and that lower margins in the second half reflect both mix and ongoing incentive use. Alan Ratner (Zelman & Associates) inquired about elevated SG&A expenses and the timeline for returning to historical levels. Keeler said higher SG&A is partly due to new market investments and will normalize as these divisions scale. Ken Zener (Seaport Research Partners) asked how Tri Pointe Homes views national inventory data versus its local focus, with management emphasizing that it manages inventory and starts based on specific market trends rather than national narratives. In the coming quarters, the StockStory analyst team will be monitoring (1) the pace of sales in both core and newly entered markets as demand trends evolve, (2) the impact of sustained incentives and community mix on gross margins, and (3) SG&A expense management as expansion markets begin to scale. Execution on capital deployment and inventory adjustments will also be important signs of strategy effectiveness. Tri Pointe Homes currently trades at $30.10, down from $30.83 just before the earnings. In the wake of this quarter, is it a buy or sell? See for yourself in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
