Articles from StockStory

Shares of cosmetics company e.l.f. Beauty (NYSEELF) jumped 5.2% in the afternoon session after Morgan Stanley analyst Dara Mohsenian upgraded the stock from Hold to Buy and raised the price target from $139 to $153. The new price target implied a potential 15% upside from where shares traded before the upgrade was announced. The analyst cited several factors for the upgrade, including ELF's "compelling valuation" amid the stock's recent correction and growth in international markets.

Shares of online legal service provider LegalZoom (NASDAQLZ) jumped 7.2% in the morning session after the stock received a double rating upgrade from JP Morgan. JP Morgan upgraded LZ's stock from Underweight (Sell) to Overweight (Buy), adding that the company is at "an inflection point." The firm added, "Accordingly, we place LegalZoom on Positive Catalyst Watch, expecting management to guide 2025E ahead of the Street for profitability during its 4Q24 earnings release (expected in February)."

Shares of casual sandwich chain Potbelly (NASDAQPBPB) jumped 14.8% in the morning session after the company reported strong preliminary Q4 2024 guidance. Same-store sales are now projected to grow slightly by 0.2% to 0.3% y/y, a sharp turnaround from the earlier forecasted decline of 2.5% to 0.5%. Adjusted EBITDA is expected to reach between $8.0 million and $8.4 million, up from the previous estimate of $7.0 million to $8.0 million. Management expressed positive sentiment about the improvements in both sales and profits and plans to add 38 new shop sites in 2025 to better meet rising market demand. Overall, the results underscore management's improved execution capabilities.

Shares of department store chain Macy’s (NYSEM) fell 7.3% in the afternoon session after the company disclosed disappointing preliminary fourth-quarter results, projecting sales to fall just below the lower end of its earlier forecast of $7.8 billion to $8.0 billion. Notably, same-store sales are expected to remain flat compared to the previous year. In addition, earnings are expected to remain within the previous range of $1.40 to $1.65. Overall, the results were underwhelming, given the some high expectations for holiday season spending. However, Macy's wasn't the only one to report weak holiday demand, as Five Below and Abercrombie & Fitch also didn't see the success that the market expected.

Shares of clothing and footwear retailer Zumiez (NASDAQZUMZ) fell 13.6% in the afternoon session after the company reported weak preliminary fourth quarter results, slashing its sales and earnings forecasts amid sluggish holiday demand. Net sales are now projected to fall between $275 million and $277 million, down from the earlier estimate of $284 million to $288 million. Earnings per share are expected to range from $0.72 to $0.77, below the previous guidance of $0.83 to $0.93. Management added, "After generally trending on plan through early December, we saw softer than expected results in the peak weeks of holiday." Overall, this was a challenging quarter. However, Zumiez wasn't the only one to report weak holiday demand, as Five Below and Abercrombie & Fitch also didn't see the success that the market expected.

Shares of fast-food chain Shake Shack (NYSESHAK) fell 8.1% in the afternoon session after the company reported underwhelming preliminary sales outlook for Q4 2024, barely surpassing Wall Street's expectations. However, EBITDA beat by a more convincing margin. Projections for FY2025 showed sales growth of 16%–18% year-on-year and adjusted EBITDA growth of 14%–20%, both roughly aligning with consensus estimates. However, the company's three-year financial forecast raised concerns, signaling a sharp slowdown in growth. Notably, SHAK anticipates revenue growth in the low teens and adjusted EBITDA, rising only in the low to mid-teens range. Markets typically reward companies that deliver strong earnings beats and raise future guidance. Given the company's weak growth outlook, these results point to tougher times ahead.

Shares of discount retailer Five Below (NASDAQFIVE) fell 5.4% in the morning session after the company reported underwhelming preliminary sales results for Q4 2024. Although strong holiday sales pushed updated estimates to the upper half of the prior guidance range, investors likely anticipated stronger performance. Additionally, the guidance implied a 3% to 5% decrease in comparable sales, which is worrisome. Also, earnings are expected to remain in line with the previous forecast. However, Five Below wasn't the only one to report weak results, as Macy's and Abercrombie & Fitch also didn't see the success that the market expected.

Shares of personal care company Nu Skin (NYSENUS) jumped 13.3% in the morning session after the company reported strong preliminary Q4 2024 guidance, with revenue expected to be at the high end of the previous guidance range. A day after this report, the company is expected to share updates on its strategy, including the recent sale of Mavely for $250 million. Overall, the updates provide more reasons for investors to stay optimistic.

Shares of egg and butter company Vital Farms (NASDAQVITL) jumped 7.2% in the morning session after the company announced strong growth projections for 2025 and beyond, driven by planned investments in expanding its supply chain and farm network. The company plans to install new production equipment at its Egg Central Station and add a second egg washing and packing facility in Indiana, expected to contribute over $350 million in additional revenue once operational. These decisions are geared toward meeting growing consumer demand and improving the company's leadership in the pasture-raised egg market​.

Shares of beverage company Zevia (NYSEZVIA) fell 13.8% in the afternoon session after the company reported underwhelming preliminary fourth-quarter results with expectations for wider losses driven by increased spending on its holiday campaign. Precisely, the company expects an Adjusted EBITDA loss of $3.9 million to $4.2 million, compared to previous expectations for losses of $1.8 million to $2.2 million. In addition, sales are expected to be within the previous guidance range, which is less than exciting and mostly in line with consensus estimates. However, Zevia wasn't the only one to report weak holiday demand, as Five Below and Abercrombie & Fitch also didn't see the success that the market expected.

Shares of young adult apparel retailer Abercrombie & Fitch (NYSEANF) fell 19.9% in the morning session after the company reported underwhelming sales and earnings forecasts, falling short of high expectations for retail stocks fueled by strong demand ahead of the holiday shopping season. ANF bumped its sales growth outlook for Q4 2024 to a range of 7-8% from a prior range of 5-7%. However, this modest increase lags far behind the robust double-digit growth the company achieved in the same quarter of 2023. Overall, the results were disappointing. However, Abercrombie & Fitch wasn't the only one to report weak holiday demand, as Five Below and Macy's also didn't see the success that the market expected.

Over the past six months, The New York Times’s shares (currently trading at $50.80) have posted a disappointing 5.2% loss, well below the S&P 500’s 2.5% gain. This may have investors wondering how to approach the situation.

What a fantastic six months it’s been for Limbach. Shares of the company have skyrocketed 51%, hitting $97.01. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the education services industry, including Lincoln Educational (NASDAQLINC) and its peers.

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at shelf-stable food stocks, starting with J. M. Smucker (NYSESJM).

What a brutal six months it’s been for Skillz. The stock has dropped 24.3% and now trades at $5.10, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Landstar (NASDAQLSTR) and the best and worst performers in the ground transportation industry.

Applied Materials has gotten torched over the last six months - since July 2024, its stock price has dropped 31.4% to $168.57 per share. This might have investors contemplating their next move.

Emerson Electric has been treading water for the past six months, holding steady at $117. This is close to the S&P 500’s 2.5% gain during that period.

RTX’s 13.2% return over the past six months has outpaced the S&P 500 by 10.8%, and its stock price has climbed to $115.08 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Looking back on leisure facilities stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Topgolf Callaway (NYSEMODG) and its peers.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Petco (NASDAQWOOF) and the rest of the specialty retail stocks fared in Q3.

McDonald's has had an impressive run over the past six months as its shares have beaten the S&P 500 by 9.5%. The stock now trades at $281.69, marking a 12% gain. This performance may have investors wondering how to approach the situation.

Academy Sports trades at $57 and has moved in lockstep with the market. Its shares have returned 7.4% over the last six months while the S&P 500 has gained 2.5%.

Let’s dig into the relative performance of Cracker Barrel (NASDAQCBRL) and its peers as we unravel the now-completed Q2 sit-down dining earnings season.

Over the last six months, DistributionNOW’s shares have sunk to $12.83, producing a disappointing 7.3% loss - a stark contrast to the S&P 500’s 2.5% gain. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

Vita Coco’s 22.3% return over the past six months has outpaced the S&P 500 by 19.7%, and its stock price has climbed to $33.62 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the electronic components industry, including Littelfuse (NASDAQLFUS) and its peers.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the footwear retailer industry, including Boot Barn (NYSEBOOT) and its peers.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how industrial packaging stocks fared in Q3, starting with Berry Global Group (NYSEBERY).

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at data storage stocks, starting with Commvault Systems (NASDAQCVLT).

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Chart (NYSEGTLS) and the best and worst performers in the gas and liquid handling industry.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the electrical systems industry, including Powell (NASDAQPOWL) and its peers.

Shareholders of Wingstop would probably like to forget the past six months even happened. The stock dropped 28.9% and now trades at $274.70. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

The past six months have been a windfall for Genesco’s shareholders. The company’s stock price has jumped 53.8%, hitting $41.32 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

AT&T’s 16.6% return over the past six months has outpaced the S&P 500 by 14%, and its stock price has climbed to $21.67 per share. This run-up might have investors contemplating their next move.

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Snap (NYSESNAP) and its peers.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the project management software industry, including Atlassian (NASDAQTEAM) and its peers.

Fresh produce company Calavo Growers (NASDAQCVGW) will be reporting earnings tomorrow after market hours. Here’s what you need to know.

Homebuilder KB Home (NYSEKBH) will be reporting earnings tomorrow after market close. Here’s what you need to know.

Household products company WD-40 (NASDAQWDFC) announced better-than-expected revenue in Q4 CY2024, with sales up 9.3% year on year to $153.5 million. On the other hand, the company’s full-year revenue guidance of $615 million at the midpoint came in 1.3% below analysts’ estimates. Its GAAP profit of $1.39 per share was 10.3% above analysts’ consensus estimates.

Shares of artificial intelligence (AI) software company C3.ai (NYSEAI) fell 5.7% in the morning session after the major indices tumbled (Nasdaq down 1.1%, S&P 500 down 1.0%) while yields soared, as the Bureau of Labor Statistics reported non-farm payrolls for the month of December 2024, which was stronger than expected, raising concerns the Fed might hold rates at the current levels for longer. Payrolls jumped by 256,000, far surpassing analysts' forecasts of a 155,000 gain. Meanwhile, the unemployment rate dipped slightly to 4.1%, signaling resilience in the U.S. job market. While the data can be interpreted as good news for the U.S. economy, it casts uncertainty over assets like stocks. Investors now view the robust jobs data as further justification for the Fed to maintain its current rate stance in upcoming policy meetings. 

Shares of personalized clothing company Stitch Fix (NASDAQSFIX) fell 11.2% in the morning session after the major indices tumbled (Nasdaq down 1.1%, S&P 500 down 1.0%) while yields soared, as the Bureau of Labor Statistics reported non-farm payrolls for the month of December 2024, which was stronger than expected, raising concerns the Fed might hold rates at the current levels for longer. Payrolls jumped by 256,000, far surpassing analysts' forecasts of a 155,000 gain. Meanwhile, the unemployment rate dipped slightly to 4.1%, signaling resilience in the U.S. job market. While the data can be interpreted as good news for the U.S. economy, it casts uncertainty over assets like stocks. Investors now view the robust jobs data as further justification for the Fed to maintain its current rate stance in upcoming policy meetings. 

Shares of cannabis company Tilray Brands (NASDAQTLRY) fell 13.5% in the morning session after the company reported underwhelming fourth quarter results. Its revenue and EBITDA missed significantly, and its gross margin fell short of Wall Street's estimates. Also, the company recorded significant operating losses and continued to burn cash. On the other hand, revenue guidance for 2025 came in ahead of expectations, though sales are partly benefiting from recent acquisitions following the company's expansion to the beverage market, which suggests organic growth is not as strong. Zooming out, we think this was a mixed quarter. The market seemed to focus on the negatives, and the stock traded down.

Shares of social network Snapchat (NYSESNAP) jumped 8.5% in the morning session after social media stocks rose ahead of the Supreme Court's decision on the potential ban of TikTok in the United States. On January 19, 2025, a decision is expected to confirm if the social media platform owned by ByteDance would have to sell its TikTok assets, a move which could result in less competition for other players, including Snap.

Shares of analog chips maker ON Semiconductor (NASDAQON) fell 7.8% in the morning session after Truist analyst downgraded the stock's rating from Buy to Hold and lowered the price target from $85 to $60, citing weaker demand trends. Following a meeting with ON, the analysts added, "Management indicated that the business it intended to exit over the last couple of years will come to fruition this year, further pressuring revenue and, in turn, margins.".

Shares of game engine maker Unity (NYSEU) fell 7.4% in the afternoon session after the major indices tumbled (Nasdaq down 2%, S&P 500 down 1.8%) while yields soared, as the Bureau of Labor Statistics reported non-farm payrolls for the month of December 2024, which was stronger than expected, raising concerns the Fed might hold rates at the current levels for longer. Payrolls jumped by 256,000, far surpassing analysts' forecasts of a 155,000 gain. Meanwhile, the unemployment rate dipped slightly to 4.1%, signaling resilience in the U.S. job market. While the data can be interpreted as good news for the U.S. economy, it casts uncertainty over assets like stocks. Investors now view the robust jobs data as further justification for the Fed to maintain its current rate stance in upcoming policy meetings. 

Shares of aircraft leasing company FTAI Aviation (NASDAQFTAI) jumped 6.3% in the morning session after Wolfe analyst Myles Walton upgraded the stock's rating from Hold to Buy and assigned a price target of $190. The new price target represents a potential 10% upside from where shares traded before the upgrade was announced. The upgrade is based on the potential for earnings to increase as the analyst discounted some initial concerns regarding the business following the announcement of FTAI's strategic Capital Investment in the previous week.

Shares of computer processor maker AMD (NASDAQAMD) fell 5.9% in the morning session after Goldman Sachs analyst Toshiya Hari downgraded the stock from Buy to Neutral and lowered the price target from $175 to $129. The downgrade was driven by what the analyst considers a more modest demand outlook for AMD's PCs, servers, and data center graphics processing unit (GPUs) amid growing competition.

Shares of global airline Delta Air Lines (NYSEDAL) jumped 10% in the morning session after the company reported fourth-quarter results and issued upbeat revenue guidance for the next quarter, surpassing analysts' forecasts due to expectations of continued strong demand for travel. Revenue exceeded Wall Street's expectations as demand accelerated throughout the quarter, fueling the company's positive outlook. On the other hand, its EPS missed significantly and its EBITDA fell short of Wall Street's estimates. Overall, this quarter was mixed but still had some key positives.

Shares of beer, wine, and spirits company Constellation Brands (NYSESTZ) fell 16.7% in the afternoon session after the company reported weak fourth quarter results, which fell below Wall Street's expectations for most of the key metrics we track, including sales, operating profits, and earnings. In addition, management lowered full-year earnings guidance, which is worrisome. Overall, this was a challenging quarter for the company.

Shares of pharmacy chain Walgreens Boots Alliance (NASDAQWBA) jumped 26.2% in the morning session after the company reported impressive fourth-quarter results, which blew past analysts' revenue and EPS expectations. Adding to the positives, full-year EPS guidance came in above expectations. The company continued to expand its footprint while keeping its cost structure lean, and the results indicate that some of these efforts are already paying off. Overall, we think this was a strong quarter.

Beer, wine, and spirits company Constellation Brands (NYSESTZ) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $2.46 billion. Its non-GAAP profit of $3.25 per share was 1.9% below analysts’ consensus estimates.

Pharmacy chain Walgreens Boots Alliance (NASDAQWBA) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 7.5% year on year to $39.46 billion. Its non-GAAP profit of $0.51 per share was 35.1% above analysts’ consensus estimates.

Cannabis company Tilray Brands (NASDAQTLRY) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 8.9% year on year to $211 million. On the other hand, the company’s full-year revenue guidance of $975 million at the midpoint came in 8.2% above analysts’ estimates. Its non-GAAP loss of $0 per share was $0.01 above analysts’ consensus estimates.

Global airline Delta Air Lines (NYSEDAL) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 9.4% year on year to $15.56 billion. On top of that, next quarter’s revenue guidance ($14.85 billion at the midpoint) was surprisingly good and 12.7% above what analysts were expecting. Its GAAP profit of $1.29 per share was 27.4% below analysts’ consensus estimates.

Starbucks has had an impressive run over the past six months as its shares have beaten the S&P 500 by 23.1%. The stock now trades at $92.68, marking a 27.8% gain. This performance may have investors wondering how to approach the situation.

Microchip Technology has gotten torched over the last six months - since July 2024, its stock price has dropped 41.5% to $56.15 per share. This may have investors wondering how to approach the situation.

What a time it’s been for American Outdoor Brands. In the past six months alone, the company’s stock price has increased by a massive 62.9%, reaching $13.80 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

J. M. Smucker currently trades at $106 per share and has shown little upside over the past six months, posting a small loss of 3.1%. The stock also fell short of the S&P 500’s 4.7% gain during that period.

Over the last six months, FTAI Infrastructure’s shares have sunk to $8.21, producing a disappointing 10.3% loss - a stark contrast to the S&P 500’s 4.7% gain. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

Over the past six months, Leggett & Platt’s shares (currently trading at $9.55) have posted a disappointing 15.1% loss, well below the S&P 500’s 4.7% gain. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

ABM Industries has been treading water for the past six months, recording a small return of 4% while holding steady at $50.97. This is close to the S&P 500’s 4.7% gain during that period.

General Motors trades at $50.97 and has moved in lockstep with the market. Its shares have returned 9.5% over the last six months while the S&P 500 has gained 4.7%.

Mission Produce has had an impressive run over the past six months as its shares have beaten the S&P 500 by 23.8%. The stock now trades at $12.30, marking a 28.5% gain. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Over the past six months, Strategic Education’s stock price fell to $94.99. Shareholders have lost 12.3% of their capital, which is disappointing considering the S&P 500 has climbed by 4.7%. This may have investors wondering how to approach the situation.

Looking back on footwear stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Crocs (NASDAQCROX) and its peers.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the processors and graphics chips industry, including AMD (NASDAQAMD) and its peers.

Over the last six months, AeroVironment’s shares have sunk to $163, producing a disappointing 7.1% loss - a stark contrast to the S&P 500’s 4.7% gain. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

Since July 2024, American Woodmark has been in a holding pattern, posting a small return of 2.3% while floating around $79.35. This is close to the S&P 500’s 4.7% gain during that period.

Over the past six months, Semrush’s shares (currently trading at $11.91) have posted a disappointing 11.5% loss, well below the S&P 500’s 4.7% gain. This may have investors wondering how to approach the situation.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Arrow Electronics (NYSEARW) and the best and worst performers in the engineered components and systems industry.

Watts Water Technologies has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 7.3% to $193.01 per share while the index has gained 4.7%.

Let’s dig into the relative performance of TPI Composites (NASDAQTPIC) and its peers as we unravel the now-completed Q3 renewable energy earnings season.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how automotive and marine retail stocks fared in Q3, starting with OneWater (NASDAQONEW).