Earnings Report: 7 Stocks Expected to Report Earnings Soon
July 31, 2023 (Earnings Report)Dear Reader,We just identified several stocks that are expected to release earnings very soon.If you are interested in any of these companies, we encourage you to do your own research and due diligence before pursuing any investments.Keep in mind, the actual earnings date and time may change, so if you’re interested in any of these companies you will need to pay close attention to their announcements.
Ferrari
Symbol: RACE
Recent Price: $321.82
Average Analyst Price Target: $261.20 (2.70%)
Market Cap: $79.03B
Last Year's EPS: 1.21
Consensus EPS Forecast: 1.45
Expected Earnings Date: 2023-05-04
Recent Analyst Action: Ryan Brinkman, analyst at J.P. Morgan, reiterates coverage on Ferrari (RACE) in the Consumer Cyclical sector with a Hold rating and a price target of $293 (4 days ago).
TipRanks.com also reports that Ferrari currently has 20 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $261.20 . The target pricing ranges from a high forecast of $310.00 down to a low forecast of $180.00. Ferrari (RACE)’s last closing price was $321.82 which would put the average price target at 2.70% upside.Here are 3rd party ratings for RACE:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 44% (110 out of 248)
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Humana
Symbol: HUM
Recent Price: $453.30
Average Analyst Price Target: $549.89 (21.41%)
Market Cap: $56.35B
Last Year's EPS: 1.62
Consensus EPS Forecast: 9.27
Expected Earnings Date: 2023-04-26
Recent Analyst Action: Jon Berggren, analyst at Kepler Capital , reiterates coverage on Humana (HUM) in the Healthcare sector with a Hold rating and a price target of $2.4 (4 days ago).
TipRanks.com also reports that Humana currently has 16 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $549.89 . The target pricing ranges from a high forecast of $652.00 down to a low forecast of $450.00. Humana (HUM)’s last closing price was $453.30 which would put the average price target at 21.41% upside.Here are 3rd party ratings for HUM:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Buy, Top 6% (15 out of 248)
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Paypal Holdings
Symbol: PYPL
Recent Price: $73.98
Average Analyst Price Target: $129.69 (23.15%)
Market Cap: $80.36B
Last Year's EPS: 1.24
Consensus EPS Forecast: 1.1
Expected Earnings Date: 2023-05-08
Recent Analyst Action: Lance Jessurun, analyst at BTIG, reiterates coverage on Paypal Holdings (PYPL) in the Technology sector with a Buy rating and a price target of $90 (3 days ago).
TipRanks.com also reports that Paypal Holdings currently has 14 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $129.69 . The target pricing ranges from a high forecast of $290.00 down to a low forecast of $72.00. Paypal Holdings (PYPL)’s last closing price was $73.98 which would put the average price target at 23.15% upside.Here are 3rd party ratings for PYPL:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Hold, Top 26% (65 out of 248)
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Shopify
Symbol: SHOP
Recent Price: $66.04
Average Analyst Price Target: $82.08 (-1.74%)
Market Cap: $81.80B
Last Year's EPS: 0.07
Consensus EPS Forecast: 0.00443
Expected Earnings Date: 2023-05-04
Recent Analyst Action: Michael Morton, analyst at MoffettNathanson, reiterates coverage on Shopify (SHOP) in the Technology sector with a Buy rating and a price target of $76 (4 days ago).
TipRanks.com also reports that Shopify currently has 13 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $82.08 . The target pricing ranges from a high forecast of $200.00 down to a low forecast of $30.00. Shopify (SHOP)’s last closing price was $66.04 which would put the average price target at -1.74% upside.Here are 3rd party ratings for SHOP:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 30% (74 out of 248)
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Energy Transfer
Symbol: ET
Recent Price: $13.25
Average Analyst Price Target: $15.38 (33.06%)
Market Cap: $40.69B
Last Year's EPS: 0.34
Consensus EPS Forecast: 0.37
Expected Earnings Date: 2023-05-02
Recent Analyst Action: Theresa Chen, analyst at Barclays, reiterates coverage on Energy Transfer (ET) in the Utilities sector with a Buy rating and a price target of $16 (1 week ago).
TipRanks.com also reports that Energy Transfer currently has 16 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $15.38 . The target pricing ranges from a high forecast of $20.00 down to a low forecast of $13.00. Energy Transfer (ET)’s last closing price was $13.25 which would put the average price target at 33.06% upside.Here are 3rd party ratings for ET:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 44% (110 out of 248)
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Albemarle
Symbol: ALB
Recent Price: $208.05
Average Analyst Price Target: $261.50 (24.84%)
Market Cap: $24.17B
Last Year's EPS: 8.62
Consensus EPS Forecast: 7.03
Expected Earnings Date: 2023-05-03
Recent Analyst Action: Arun Viswanathan, analyst at RBC Capital, reiterates coverage on Albemarle (ALB) in the Basic Materials sector with a Buy rating and a price target of $255 (1 week ago).
TipRanks.com also reports that Albemarle currently has 12 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $261.50 . The target pricing ranges from a high forecast of $320.00 down to a low forecast of $155.00. Albemarle (ALB)’s last closing price was $208.05 which would put the average price target at 24.84% upside.Here are 3rd party ratings for ALB:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 10% (222 out of 248)
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Tenaris SA
Symbol: TS
Recent Price: $33.25
Average Analyst Price Target: $46.00 (28.00%)
Market Cap: $19.45B
Last Year's EPS: 1.36
Consensus EPS Forecast: 1.65
Expected Earnings Date: 2023-04-26
Recent Analyst Action: Daniel Kutz, analyst at Morgan Stanley, reiterates coverage on Tenaris SA (TS) in the Energy sector with a Buy rating and a price target of $40 (1 week ago).
TipRanks.com also reports that Tenaris SA currently has 16 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $46.00 . The target pricing ranges from a high forecast of $46.00 down to a low forecast of $46.00. Tenaris SA (TS)’s last closing price was $33.25 which would put the average price target at 28.00% upside.Here are 3rd party ratings for TS:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Sell, Bottom 20% (199 out of 248)
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To Your Financial Future,
The Editor, WallStreetSectors.com