Investment Analysts’ updated eps estimates for Tuesday, September 5th:
Applied Optoelectronics (NASDAQ:AAOI) had its buy rating reiterated by analysts at Needham & Company LLC. The firm currently has a $115.00 target price on the stock.
AECOM (NYSE:ACM) had its hold rating reaffirmed by analysts at Robert W. Baird. Robert W. Baird currently has a $36.00 price target on the stock.
Appian Corporation (NASDAQ:APPN) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $25.00 price target on the stock. According to Zacks, “Appian Corporation provides low-code software development platform which enables organizations to develop various applications primarily in the United States and internationally. The Company’s products include business process management software, case management, mobile application development and platform as a service. It serves financial services, healthcare, government, telecommunications, media, energy, manufacturing and transportation organizations. Appian Corporation is headquartered in Reston, Virginia. “
AZZ (NYSE:AZZ) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “AZZ Incorporated is an electrical equipment and components manufacturer serving the global growth markets of power generation, transmission and distribution, and industrial markets as well as a provider of hot dip galvanizing services to the steel fabrication market nationwide. “
Bay Banks of Virginia (NASDAQ:BAYK) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $11.00 target price on the stock. According to Zacks, “Bay Banks of Virginia, Inc. is a bank holding company headquartered in Kilmarnock, Virginia. The Company conducts substantially all of its operations through its subsidiaries, Bank of Lancaster (the Bank) and Bay Trust Company (the Trust Company). Bank of Lancaster provides individual and commercial customers with a full range of services, including commercial and consumer deposit accounts and loans, credit cards, automated teller machines and other traditional banking services. In addition, the Bank offers investment services, including financial planning, securities brokerage, and insurance products through Investment Advantage. Bay Trust provides management services for personal and corporate trusts, including estate planning, estate settlement and trust administration. Bay Trust also offers financial planning, investment services, management of IRAs and other investment accounts. “
Bunge Limited (NYSE:BG) had its buy rating reiterated by analysts at Piper Jaffray Companies. The firm currently has a $86.00 target price on the stock.
Macro Bank (NYSE:BMA) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $119.00 price target on the stock. According to Zacks, “Banco Macro Bansud is a leading bank in Argentina. With the most extensive private-sector branch network in the country, Banco Marco provides standard banking products and services to a nationwide customer base. “
Capital Trust (NYSE:BXMT) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Blackstone Mortgage Trust, Inc. is a real estate investment trust. It operates as a real estate finance and investment management company. The company’s investment programs focuses on loans and securities backed by commercial real estate assets. Blackstone Mortgage Trust, Inc. formerly known as Capital Trust, Inc.is headquartered in New York. “
Cadence Bancorp (NYSE:CADE) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Cadence BanCorporation is a regional bank holding company. It provides corporations, middle-market companies, small businesses and consumers banking and financial solutions. The company’s services and products include commercial and business banking, treasury management, specialized lending, commercial real estate, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance, consumer banking, consumer loans, mortgages, home equity lines and loans and credit cards. Cadence BanCorporation is headquartered in Houston, Texas. “
CF Industries Holdings (NYSE:CF) had its hold rating reissued by analysts at Piper Jaffray Companies. Piper Jaffray Companies currently has a $28.00 price target on the stock.
China Unicom (Hong Kong) (NYSE:CHU) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “China Unicom Limited is engaged in the provision of cellular, paging, long distance, data and internet services in the People’s Repulic of China. “
BanColombia (NYSE:CIB) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “BanColombia is Colombia’s largest bank in terms of assets and also has the largest market participation in deposit products and loans. “
Capital One Financial Corporation (NYSE:COF) had its hold rating reissued by analysts at Robert W. Baird. They currently have a $84.00 price target on the stock.
Coherent (NASDAQ:COHR) had its positive rating reaffirmed by analysts at Susquehanna Bancshares Inc. Susquehanna Bancshares Inc currently has a $275.00 price target on the stock.
Rockwell Collins (NYSE:COL) had its buy rating reaffirmed by analysts at Canaccord Genuity. They currently have a $125.00 target price on the stock. The analysts wrote, “Date and time of first dissemination: September 05, 2017, 04:40 ET Date and time of production: September 05, 2017, 04:40 ET Target Price / Valuation Methodology: Rockwell Collins – COL Our price target of $125 is based on the blend of a 17x EPS and a 11x EBITDA, applied to our FY18 estimates. Risks to achieving Target Price / Valuation: Rockwell Collins – COL Key risks to our COL investment thesis include the following: commercial aircraft development programs and timing; production rates and schedules; airline maintenance spending and upgrade schedules; mandates and discretionary aftermarket spending; used material and its impact on demand and pricing; passenger traffic; business jet production schedules; fuel and commodity prices; interest rates and the availability of financing for business jet and commercial transport aircraft purchases; military spending; federal deficit reduction plans and implementation; international defense spending; troop levels in Afghanistan and military activity. Distribution of Ratings: Global Stock Ratings (as of 09/05/17) Rating Coverage Universe IB Clients # % % Buy 591 60.68% 39.59% Hold 276 28.34% 23.55% Sell 23 2.36% 8.70% Speculative Buy 84 8.62% 70.24% 974* 100.0% *Total includes stocks that are Under Review Canaccord Genuity Ratings System BUY: The stock is expected to generate risk-adjusted returns of over 10% during the next 12 months. HOLD: The stock is expected to generate risk-adjusted returns of 0-10% during the next 12 months. SELL: The stock is expected to generate negative risk-adjusted returns during the next 12 months. NOT RATED: Canaccord Genuity does not provide research coverage of the relevant issuer.””
Corvus Pharmaceuticals (NASDAQ:CRVS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Corvus Pharmaceuticals, Inc. is a biopharmaceutical company. It focuses on the development and commercialization of immuno-oncology therapies to harness the immune system to attack cancer cells. Its products include CPI-444, Adenosine production inhibitor, Adenosine A2B antagonist and Interleukin-2 (IL-2)-inducible T cell kinase (ITK) inhibitors. Corvus Pharmaceuticals, Inc. is based in Burlingame, California. “
Curtiss-Wright Corporation (NYSE:CW) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “CURTISS-WRIGHT CORP. produces precision components for the aerospace, industrial and marine companies. Aerospace components consist of control and actuation systems. Co. also provides shot-perring & heat treating for industrial markets and the target rock subsidiary produces engineered valves for the United States Navy. “
Screen Holdings (NASDAQ:DINRF) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $14.00 target price on the stock. According to Zacks, “SCREEN Holdings Co Ltd. manufactures and sells semiconductors. Its operating segments includes SE, GP and FT. SE segment develops and manufactures semiconductor production equipment and conducts sales and maintenance services. GP segment, graphic arts equipment and PCB related equipment are developed, manufactured, sold and maintained. FT segment develops, manufactures and markets FPD production equipment as well as maintenance services. SCREEN Holdings Co Ltd. is based in Kyoto, Japan. “
Fluor Corporation (NYSE:FLR) had its hold rating reissued by analysts at Robert W. Baird. Robert W. Baird currently has a $40.00 price target on the stock.
FMC Corporation (NYSE:FMC) had its hold rating reissued by analysts at Piper Jaffray Companies. The firm currently has a $85.00 target price on the stock.
Fabrinet (NYSE:FN) had its buy rating reiterated by analysts at Needham & Company LLC. They currently have a $60.00 price target on the stock.
Glu Mobile (NASDAQ:GLUU) had its buy rating reissued by analysts at Roth Capital. They currently have a $4.00 price target on the stock.
Global Payments (NYSE:GPN) had its buy rating reaffirmed by analysts at Robert W. Baird. They currently have a $106.00 price target on the stock.
Green Plains (NASDAQ:GPRE) had its hold rating reissued by analysts at Piper Jaffray Companies. Piper Jaffray Companies currently has a $19.00 target price on the stock.
Himax Technologies (NASDAQ:HIMX) had its buy rating reissued by analysts at Roth Capital. Roth Capital currently has a $10.00 target price on the stock.
Hovnanian Enterprises (NYSE:HOV) had its neutral rating reiterated by analysts at MKM Partners.
HealthEquity (NASDAQ:HQY) had its buy rating reiterated by analysts at Cantor Fitzgerald. Cantor Fitzgerald currently has a $56.00 price target on the stock. The analysts wrote, “F2Q18 results. HQY reported solid F2Q18 results. Revenue of $56.9 million was above our estimate of $55.8 million. GAAP EPS of $0.27 were well-above the FactSet consensus of $0.15 and benefited from a new accounting standard related to stock option exercises. Adjusted EPS were $0.21 vs. our estimate of $0.18. At the end of F2Q18, HSA members totaled 2.9 million, a 26% y/y increase. Custodial assets were $5.4 billion (+28% y/y). Both metrics validate our view that HQY is gaining market share. Investment assets increased by 61% y/y. Service revenue of $22.8 million grew 21% y/y, but fell to 40% of total revenue, as HQY has been charging lower account fees to increase the number of accounts. Interchange revenue of $12.8 million rose 21% y/y. HQY’s annualized interest yield on cash AUM was 1.83% vs. 1.72% in F1Q18. The increase was driven by a bank returning assets to HQY. HQY successfully placed these assets at a higher rate. We expect HQY to continue to benefit from a rising interest- rate environment.””
Insmed (NASDAQ:INSM) had its price target boosted by Leerink Swann to $36.00.
KB Home (NYSE:KBH) had its neutral rating reaffirmed by analysts at MKM Partners.
Lennar Corporation (NYSE:LEN) had its neutral rating reiterated by analysts at MKM Partners.
Littelfuse (NASDAQ:LFUS) had its buy rating reiterated by analysts at Robert W. Baird. They currently have a $202.00 target price on the stock.
Marathon Petroleum Corporation (NYSE:MPC) was downgraded by analysts at Wells Fargo & Company from an outperform rating to a market perform rating.
MACOM Technology Solutions Holdings (NASDAQ:MTSI) had its buy rating reaffirmed by analysts at Needham & Company LLC. Needham & Company LLC currently has a $56.00 target price on the stock.
MYR Group (NASDAQ:MYRG) had its buy rating reissued by analysts at Robert W. Baird. The firm currently has a $34.00 price target on the stock.
Navistar International Corporation (NYSE:NAV) had its buy rating reaffirmed by analysts at Robert W. Baird.
NAPCO Security Technologies (NASDAQ:NSSC) had its buy rating reaffirmed by analysts at Canaccord Genuity. They currently have a $12.00 price target on the stock. The analysts wrote, “We expect growth in high margin recurring revenue and increasing manufacturing revenue in their Dominican Republic facility to drive operating leverage in FY18 and beyond. As demonstrated by the strong 38.3% gross margin during the seasonally strong June quarter, we believe NAPCO generates strong leverage once hardware sales exceed $20M per quarter. We believe NAPCO has new products to drive hardware growth and generate consistent sales above $20M per quarter longer term. We also believe NAPCO has the financial flexibility for a potential acquisition that leverages the Dominican Republic facility to ramp hardware revenue.””
NVR (NYSE:NVR) had its neutral rating reaffirmed by analysts at MKM Partners.
Universal Display Corporation (NASDAQ:OLED) had its positive rating reaffirmed by analysts at Susquehanna Bancshares Inc. Susquehanna Bancshares Inc currently has a $150.00 price target on the stock.
Palo Alto Networks (NYSE:PANW) had its outperform rating reissued by analysts at Raymond James Financial, Inc.. The firm currently has a $160.00 target price on the stock, up from their previous target price of $145.00.
Palo Alto Networks (NYSE:PANW) had its neutral rating reiterated by analysts at Susquehanna Bancshares Inc. They currently have a $150.00 target price on the stock, up from their previous target price of $145.00.
PulteGroup (NYSE:PHM) had its neutral rating reiterated by analysts at MKM Partners.
Patterson-UTI Energy (NASDAQ:PTEN) had its buy rating reissued by analysts at Piper Jaffray Companies.
Nomura started coverage on shares of Qorvo (NASDAQ:QRVO). The firm issued a neutral rating and a $75.00 price target on the stock.
Shopify (NYSE:SHOP) (TSE:SH) had its buy rating reaffirmed by analysts at Piper Jaffray Companies. The firm currently has a $110.00 target price on the stock.
SunTrust Banks, Inc. began coverage on shares of TransUnion (NYSE:TRU). They issued a buy rating on the stock.
Tetra Tech (NASDAQ:TTEK) had its hold rating reaffirmed by analysts at Robert W. Baird. The firm currently has a $47.00 price target on the stock.
Versum Materials (NYSE:VSM) had its buy rating reiterated by analysts at Needham & Company LLC. They currently have a $41.00 price target on the stock.
