|Day's Range||11.30 - 11.30|
Evercore (EVR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Evercore Inc NYSE:EVRView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for EVR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $3.79 billion over the last one-month into ETFs that hold EVR are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year, but is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
By buying an index fund, investors can approximate the average market return. But if you choose individual stocks with...
NEW YORK , May 8, 2019 /PRNewswire/ -- Evercore (NYSE: EVR) announced today that David Palmer has joined Evercore ISI as a Senior Managing Director covering Food Producers and Restaurants. Mr. Palmer has ...
NEW YORK , April 29, 2019 /PRNewswire/ -- Evercore (NYSE: EVR) announced today that Amit Daryanani has joined Evercore ISI as a Senior Managing Director covering IT Hardware, Electronic Manufacturing Services ...
Is Evercore Inc. (NYSE:EVR) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. […]
If you're interested in Evercore Inc. (NYSE:EVR), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. Modern finance theory considers vola...
NEW YORK , April 24, 2019 /PRNewswire/ -- First Quarter 2019 Results U.S. GAAP Adjusted vs. Q1 2018 vs. Q1 2018 Net Revenues ($ millions) $ 415.3 (10%) $ 419.8 (10%) Operating Income ($ millions) $ ...
Evercore (EVR) announced today that Andy Richard has agreed to join the Firm's Investment Banking business in July as a Senior Managing Director. Mr. Richard will join Marty Cicco as the second Senior Managing Director in Real Estate Advisory to focus on REITs and real estate clients. He will be based in New York.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
NEW YORK , April 8, 2019 /PRNewswire/ -- Evercore (NYSE: EVR) will release its first quarter 2019 financial results on Wednesday, April 24 , 2019. Evercore will host a related conference call, accessible ...
Evercore (EVR) appears to be a promising buy, riding on revenue growth, earnings strength and steady capital-deployment activities.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Ralph Schlosstein became the CEO of Evercore Inc. (NYSE:EVR) in 2009. This report will, first, examine the CEO com...
Comcast (NASDAQ:CMCSA) announces its Q1 2019 results April 25 before the markets open. Analyst sentiment for Comcast stock appears mixed. Some think it will continue its impressive run in 2019, up 18% YTD through April 2. Others aren't quite so optimistic.Source: Mike Mozart via FlickrAt the bottom of the debate lies as very simple question:Is Comcast a $35 or $45 stock?InvestorPlace - Stock Market News, Stock Advice & Trading TipsA couple of analysts recently raised their 12-month price targets on Comcast's stock price. * 7 Biometric Stocks to Watch as AI Rises A Closer Look at Comcast StockRaymond James (NYSE:RJF) upped its target price April 1by a couple of bucks to $44 while Evercore (NYSE:EVR) raised its target by two dollars to $46. By these two analysts' estimate, Comcast is a $45 stock. What's driving this belief?"We are boosting our Comcast target, reflecting our view that the company's cable operating performance continues to generate both strong subscriber results in broadband and healthy top-line performance," said Evercore ISI analyst Vijay Jayant. Comcast, with the acquisition of Sky last year, is a much different beast than when it reported Q1 earnings in 2018. How different, we'll know in three weeks. In February, InvestorPlace contributor Jonathan Berr laid out his bullish case for Comcast stock. Aside from pointing out the fact that Comcast's cable business saw revenues increase by 5.2% in the fourth quarter, adding 323,000 net new residential broadband customers (a similar sentiment to the Evercore analyst), the company's NBCUniversal business increased revenue and adjusted EBITDA by 7.1% and 12.3% respectively year over year. What's not to like about those numbers?However, it's a recent blog post by Ben Carlson, who does such an excellent job with A Wealth of Common Sense, that makes me think Comcast is a $45 stock. Carlson discussed his efforts to cut the cord. Drilling down into the actual numbers and what he might save by doing so, he came away unconvinced that the savings were lucrative enough to follow through. I suspect a lot of people including myself are in the same boat.Carlson wrote April 2:"There are some savings here, but I would bet my right arm that the cable companies won't stand for huge losses. They'll raise internet prices for people who give up on their other services eventually… The cost savings for a similar experience aren't quite there yet and I don't know that they will be until Google or Facebook start offering free internet to the world in exchange for our souls."Although it's not an original thought, Carlson is bang-on. There is not a hope in Hades that Comcast or any of its competitors is going to let its customers cut the cord for free. It isn't happening. Add-in the Sky business and Comcast might be a $50 stock. Comcast Stock Still Has DetractorsOver at RBC Capital Markets, they're not necessarily negative about CMCSA. Instead, the combination of slower growth combined with a stretched valuation suggests Comcast stock is ready to take a breather. "We're taking a more cautious view on Cable sector fundamentals and lower expectations for broadband and video subscribers," RBC wrote in a March 29 note to clients. "Applying a more modest target multiple drops our target price to $42. In light of our tempered view and the strong share price run, we downgrade Comcast to Sector Perform."At the end of the day, RBC believes the cord-cutting threat combined with slower household growth, is evidence that Comcast's momentum is unsustainable. It estimates that Comcast will lose 126,000 cable customers in Q1 2019 and won't add nearly as many high-speed internet customers as it initially thought (down 15% from 402,000 to 340,000), putting downward pressure on Comcast's stock price. Should Comcast fail to add at least 379,000 net new high-speed internet customers in the first quarter , which is what it added in Q1 2018, there is a real possibility Comcast stock could become a $35 by the end of April. The Bottom Line on Comcast StockHere's what I said about Comcast in January before announcing its Q4 2018 results:"The odds are good that Comcast is going to deliver positive results Wednesday morning… The big issue for Comcast stock owners should be the company's plans for 2019 and 2020 when it comes to debt repayment, subscriber growth and overall customer experience. The revenues and profits should take care of themselves."In hindsight, we know Comcast delivered in the fourth quarter. Can it do it again? I think so. Comcast is a $45 stock.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post When Comcast Stock Hits $45 You'll Wish You'd Bought It Sooner appeared first on InvestorPlace.
East West Bancorp (EWBC) remains well poised for revenue growth, supported by rise in loan balances and higher rates despite elevated costs.
Positive revisions in TD Ameritrade's (AMTD) earnings estimates reflect its strong capital position, robust trading volumes and focus to improve client experience.