WiseRadar: March 22, 2023.
Carvana Co. ($CVNA)
Carvana Co. (CVNA) saw pre-market gains of 4.21% on Wednesday. The company, which offers an online platform for buying used cars, has seen its stock price rise over 600% in the past year. Investors are optimistic about the company’s future growth potential.
Ollie’s Bargain Outlet Holdings, Inc. ($OLLI)
Ollie’s Bargain Outlet Holdings, Inc. (OLLI) shares are up today after the company reported strong Q4 earnings. Revenue increased by 16.7% to $467.3 million, beating analyst estimates of $462.7 million. Net income rose to $46.9 million, up from $32.6 million in the same period last year. The company also raised its guidance for 2021.
AMC Entertainment Holdings, Inc. ($AMC)
AMC Entertainment Holdings, Inc. is a leading entertainment company that operates in the U.S. and Europe. The company has been struggling with the pandemic, but is expected to benefit from the reopening of theaters and the release of new films. The stock has been volatile in recent weeks, but analysts are bullish on the stock due to its potential for growth.
Winnebago Industries, Inc. ($WGO)
Winnebago Industries, Inc. (WGO) reported its Q2 earnings which beat analyst expectations. Revenue was up 8.7% year-over-year and net income was up significantly. The company also announced a new stock repurchase program and raised its dividend by 8%. Shares of WGO rose in response to the news.
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Semtech Corporation ($SMTC)
B. Riley Securities upgraded Semtech Corporation (SMTC) to “Buy” and raised their price target to $52. The firm believes that Semtech’s strong position in the industrial, automotive, and communications markets will drive long-term growth and profitability. They also expect the company to benefit from a strong product cycle and improved margins.
Global Blue Group Holding AG ($GB)
Global Blue Group Holding AG (GB) is set to report its earnings on February 27, 2023. The company is a global provider of tax-free shopping services and solutions. Analysts expect Global Blue Group Holding AG to report earnings per share of $0.10, a decrease of 6.3% from the prior-year quarter. Investors will be watching to see if the company can meet or exceed expectations.
PDF Solutions, Inc. ($PDFS)
PDF Solutions, Inc. (PDFS) is a technology company that provides solutions to enable customers to develop and manufacture electronic products. It offers products and services to help customers manage their data, reduce time to market, and improve product performance. Its services include design-for-manufacturability, yield analysis, and failure analysis.
Eagle Bancorp, Inc. ($EGBN)
Eagle Bancorp, Inc. (EGBN) hit a 52-week low on Wednesday, with its stock price dropping to $43.05. The company is a bank holding company for EagleBank, which provides commercial and consumer banking services. Its stock has declined nearly 25% in the past year, and analysts have a hold rating on the stock.
IBEX Limited ($IBEX)
IBEX Limited has partnered with Krisp, a noise cancellation technology company, to improve their services. The terms of the partnership have not been disclosed, but it is expected to provide a better customer experience and help IBEX remain competitive in the market.
PRA Group, Inc. ($PRAA)
JMP Securities has reiterated its Market Outperform rating on PRA Group, Inc. (PRAA) and maintained its price target of $50. They believe the company is well-positioned to benefit from an improving macroeconomic environment and strong consumer balance sheets. They also noted the company’s strong balance sheet and high-quality asset portfolio.