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Market Movers Archives | Page 460 of 872 | Smartkarma

Franklin Resources, Inc.’s stock price skyrockets to $22.24, marking a significant 10.37% surge

By | Market Movers

Franklin Resources, Inc. (BEN)

22.24 USD +2.09 (+10.37%) Volume: 21.7M

Franklin Resources, Inc.’s stock price has seen a significant surge, trading at 22.24 USD with a remarkable +10.37% change this session and a +7.96% YTD increase, powered by a robust trading volume of 21.7M, signifying a promising performance for BEN stock in the market.


Latest developments on Franklin Resources, Inc.

Franklin Resources stock has seen a rise following the company’s strong Q1 earnings report. Despite elevated outflows, the earnings beat expectations, with $18 billion in inflows excluding the Western region. The company reported a critical transformation, although total assets under management took a hit. With WAMCO outflows continuing in January, Franklin Resources remains focused on financial recovery. The company also announced plans to target $13 billion to $20 billion in private market fundraising by fiscal 2025. Overall, Franklin Resources continues to outshine estimates and attract investor interest as it navigates through market challenges.


A look at Franklin Resources, Inc. Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience3
Momentum3
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Franklin Resources, also known as Franklin Templeton Investments, is a company that provides investment advisory services to a wide range of investors. According to Smartkarma Smart Scores, Franklin Resources scores high in both the Value and Dividend categories, indicating a positive outlook in terms of these factors. This suggests that the company offers good value for investors and has a strong track record of paying dividends.

However, the company’s scores for Growth, Resilience, and Momentum are lower, indicating some challenges in these areas. While Franklin Resources may not be experiencing significant growth or momentum at the moment, its strong value and dividend scores suggest that it may still be a solid long-term investment option for those looking for stability and income.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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AbbVie Inc.’s Stock Price Skyrockets to $183.90, Marking a Robust 4.70% Increase

By | Market Movers

AbbVie Inc. (ABBV)

183.90 USD +8.25 (+4.70%) Volume: 11.67M

AbbVie Inc.’s stock price soars to $183.90, marking a significant trading session increase of +4.70% with a robust trading volume of 11.67M. Enjoying a positive year-to-date performance, ABBV’s stock price sees a rise of +3.49%, indicating a promising investment opportunity.


Latest developments on AbbVie Inc.

AbbVie Inc. (NYSE:ABBV) has seen a surge in its stock price after posting better-than-expected sales in Q4, leading to a soaring stock. The company’s forecast for 2025 profit above estimates, driven by newer immunology drugs, has also contributed to the positive movement. AbbVie’s Q4 earnings beat expectations, with strong sales of key drugs like Skyrizi and Rinvoq offsetting the decline in Humira sales. The company’s focus on innovative drug development and robust growth projections for Skyrizi and Rinvoq have investors bullish on AbbVie’s future performance, leading to a significant increase in stock value.


AbbVie Inc. on Smartkarma

Analyst coverage of AbbVie Inc on Smartkarma by Baptista Research highlights the company’s impressive performance in the third quarter of 2024. The report titled “AbbVie Inc.: The SKYRIZI & RINVOQ Revolution: Capturing Market Share with Game-Changing Therapies! – Major Drivers” emphasizes the strong core growth driven by the ex-HUMIRA platform. With sales surpassing forecasts by $260 million, AbbVie’s diversified portfolio and the success of SKYRIZI and RINVOQ are key drivers contributing to a projected combined sales of over $17 billion for the year.

Another report by Baptista Research titled “AbbVie Inc.: Recent Acquisitions & The Expansion of Immunology Portfolio Yielding Results? – Major Drivers” discusses AbbVie’s robust financial performance in the second quarter of 2024. Under the leadership of CEO Rob Michael, the company has shown promising results with key products and pipeline developments. While AbbVie’s strong positioning in the biopharmaceutical industry is evident, the report also highlights the importance of considering potential challenges that could impact future performance.


A look at AbbVie Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Abbvie Inc has a strong outlook for its dividend and growth potential. With a top score of 5 for dividends, investors can expect consistent and reliable returns. Additionally, a score of 3 for growth indicates that the company has promising prospects for expanding its business and increasing profitability in the long term. However, the company scores lower in value and resilience, with scores of 2, suggesting that there may be some challenges in terms of its overall financial health and ability to withstand market fluctuations.

AbbVie Inc., a pharmaceutical company that focuses on researching and developing innovative drugs, has a mixed outlook according to the Smartkarma Smart Scores. While the company excels in providing high dividends and shows potential for growth, it may face some obstacles in terms of its overall value and resilience. Investors should consider these factors when evaluating AbbVie Inc as an investment opportunity in the pharmaceutical industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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The Cigna Group’s Stock Price Soars to $294.21, Marking a Robust Increase of 3.97%

By | Market Movers

The Cigna Group (CI)

294.21 USD +11.23 (+3.97%) Volume: 3.5M

The Cigna Group’s stock price stands strong at 294.21 USD, witnessing a positive trading session with a surge of +3.97%, backed by a robust trading volume of 3.5M. The company’s stock performance continues to impress with a year-to-date percentage change of +6.54%, highlighting its steady market presence.


Latest developments on The Cigna Group

The Cigna Group has been making strategic moves to limit out-of-pocket drug costs for US patients, with plans to spend $150 million to improve prior authorization and patient advocacy. Despite missing earnings expectations by $1.20 EPS, Cigna reported a strong 27% revenue increase to $247.1 billion in 2024. The company also announced a $3.7 billion sale to HCSC in Q1. However, Cigna’s stock price has been on a rollercoaster, underperforming on Thursday but rising on Friday. With promises of pharmacy benefit reforms and a pledge to lower out-of-pocket costs, investors are closely watching Cigna’s stock movements amidst these developments.


The Cigna Group on Smartkarma

Analysts at Baptista Research on Smartkarma have published a bullish research report on Cigna Group. Titled “Cigna Corporation: Specialty Market Position & Biosimilars Strategy Driving Our Bullishness! – Major Drivers”, the report highlights Cigna Group‘s third-quarter 2024 earnings, revealing a net income of $739 million or $2.63 per share. Despite a significant non-cash after-tax net realized investment loss related to VillageMD, the analysts remain optimistic about Cigna Group‘s market position and biosimilars strategy.


A look at The Cigna Group Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Cigna Group is showing a strong outlook in terms of value and dividend, scoring 4 out of 5 in both categories. This indicates that the company is performing well in terms of providing value to its shareholders and offering attractive dividend returns. However, the company’s growth, resilience, and momentum scores are slightly lower, with each scoring a 3 out of 5. This suggests that while Cigna Group is stable and has potential for growth, there may be some areas where improvement is needed to drive momentum and resilience in the long term.

The Cigna Group operates as an insurance company, offering a range of insurance products and services to individuals, families, and businesses globally. With strong scores in value and dividend, the company seems to be well-positioned to continue providing value to its stakeholders and generating attractive returns. While there may be room for improvement in terms of growth, resilience, and momentum, overall, Cigna Group appears to have a solid foundation for long-term success in the insurance industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Vertex Pharmaceuticals Incorporated’s Stock Price Soars to $461.68, Marking a Stellar 5.31% Increase

By | Market Movers

Vertex Pharmaceuticals Incorporated (VRTX)

461.68 USD +23.28 (+5.31%) Volume: 3.63M

Vertex Pharmaceuticals Incorporated’s stock price soars to $461.68, marking a significant +5.31% boost in just one trading session, driven by a robust trading volume of 3.63M. With an impressive YTD performance of +14.65%, VRTX is a stock to watch in pharmaceuticals investment.


Latest developments on Vertex Pharmaceuticals Incorporated

Vertex Pharmaceuticals’ stock price surged today following the FDA’s approval of Journavx, a groundbreaking non-opioid painkiller. This approval marks the first new type of pain medication in 25 years, offering a safer alternative to addictive opioids. Vertex’s Suzetrigine also received FDA approval for acute pain management, further bolstering the company’s position in the pharmaceutical market. Analysts are optimistic about Vertex’s future, with BMO raising the stock price target to $545 and Cantor Fitzgerald maintaining an Overweight rating with a $480 target. With this game-changing approval, Vertex Pharmaceuticals is set to revolutionize pain management and solidify its growth trajectory in the industry.


A look at Vertex Pharmaceuticals Incorporated Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE2.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Vertex Pharmaceuticals has a mixed outlook according to Smartkarma Smart Scores. While the company scores well in terms of resilience and momentum, with scores of 3 and 4 respectively, it falls short in terms of value and dividend, with scores of 2 and 1. This suggests that Vertex Pharmaceuticals may be a strong player in the market in terms of its ability to weather challenges and maintain positive momentum, but investors may need to consider other factors such as value and dividend yield when evaluating the long-term potential of the company.

Despite its lower scores in value and dividend, Vertex Pharmaceuticals remains a key player in the pharmaceutical industry, focusing on the development of drugs for various diseases. With a global presence in the healthcare sector, the company continues to innovate and bring new treatments to the market. Investors looking at Vertex Pharmaceuticals should consider its overall outlook based on the Smartkarma Smart Scores, taking into account factors such as growth potential and market resilience.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Corning Incorporated’s Stock Price Skyrockets to $52.08, Marking a Robust 4.18% Uptick

By | Market Movers

Corning Incorporated (GLW)

52.08 USD +2.09 (+4.18%) Volume: 8.46M

Corning Incorporated’s stock price is demonstrating robust performance, trading at 52.08 USD with a positive shift of +4.18% this session. The trading volume stands at 8.46M, reflecting active market participation. The stock’s Year-To-Date (YTD) change registers a healthy growth of +9.60%, indicating a strong investor sentiment towards GLW.


Latest developments on Corning Incorporated

Corning Incorporated (GLW) has been making significant strides in the market, hitting a 52-week high amidst strong growth and record-breaking earnings. The company’s fourth-quarter results exceeded expectations, with a 51% surge in optical sales driven by the booming demand for AI-related infrastructure. Analyst projections for Corning have been positive, with a target price set at $60 by some experts. Despite a slight decline in stock price due to concerns about AI and interest rates, Corning remains optimistic about its future performance, forecasting Q1 results above estimates. With support from industry giants like ASML, Corning is poised for continued success in the coming months.


Corning Incorporated on Smartkarma

Analysts at Baptista Research have been closely following Corning Inc‘s recent financial performance and strategic advancements. According to their research reports, Corning Inc‘s third-quarter earnings for 2024 showed a healthy operational and financial trajectory with robust sales growth and notable strategic advancements. The company reported an 8% increase year-over-year in sales, amounting to $3.73 billion, and a significant 20% rise in earnings per share (EPS) to $0.54. This positive performance was largely attributed to the growth in the Optical Communications segment, which saw a 55% increase in its enterprise business driven by the adoption of new optical connectivity products for generative AI.

Furthermore, Baptista Research highlighted Corning Inc‘s strong second-quarter results for 2024 in another research report. The company surpassed its sales and EPS guidance, driven by the rapid uptake of its new optical connectivity products designed for generative AI applications. These products cater to a new network within data centers requiring significantly higher bandwidth to connect GPUs, resulting in roughly ten times more fiber connections compared to traditional setups. Analysts at Baptista Research see strategic pricing developments and expansion into optical connectivity solutions for GenAI as major drivers for Corning Inc‘s growth and success in the market.


A look at Corning Incorporated Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Corning Inc, a global technology-based company, has received a mixed outlook based on the Smartkarma Smart Scores. While the company excels in dividend and momentum, scoring a 5 and 4 respectively, it falls short in resilience with a score of 2. This suggests that Corning Inc may face challenges in adapting to unforeseen circumstances in the long term.

On the bright side, Corning Inc‘s value and growth scores stand at 3 each, indicating a moderate outlook for the company’s financial performance and potential for expansion. Overall, with a balanced set of scores across different factors, Corning Inc‘s long-term outlook remains steady, with room for improvement in building resilience to external pressures.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Keysight Technologies, Inc.’s Stock Price Skyrockets to $178.35, Marking a Robust 4.59% Increase

By | Market Movers

Keysight Technologies, Inc. (KEYS)

178.35 USD +7.83 (+4.59%) Volume: 1.7M

Keysight Technologies, Inc.’s stock price is currently soaring at 178.35 USD, marking a notable increase of +4.59% in today’s trading session. With a robust trading volume of 1.7M and a positive year-to-date percentage change of +11.03%, KEYS continues to demonstrate strong stock price performance, attracting significant investor interest.


Latest developments on Keysight Technologies, Inc.

Keysight Technologies, Inc. is making waves in the stock market today with its revolutionary advancements in AI for Automotive Ethernet. The company’s partnership with The University of Malaga to open a cutting-edge 6G Research and Innovation Laboratory has also caught the attention of investors. Despite Swedbank AB lowering its position in Keysight Technologies, Inc., financial guru Jim Cramer remains bullish on the stock, stating ‘We Want This One’. Additionally, Keysight’s collaboration with KD on Multigigabit Optical Automotive Ethernet Testing further solidifies its position as a leader in technological innovation.


Keysight Technologies, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have been closely monitoring Keysight Technologies In. In one report titled “Keysight Technologies: Will The Growth in Wireline Business Driven by AI Investments Last Long? – Major Drivers,” the analysts noted that Keysight Technologies reported fourth-quarter revenue and earnings per share that exceeded expectations. The company showed resilience in challenging market conditions, with orders growing driven by strength in artificial intelligence applications and robust bookings in the U.S. aerospace, defense, and government sector.

Another report by Baptista Research highlighted Keysight Technologies Inc.’s expansion into Quantum Computing and AI Networks as well as other major drivers. The company’s fiscal third-quarter earnings for 2024 were detailed, showing a revenue of $1.2 billion and earnings per share of $1.57, surpassing expectations. Orders amounted to $1.25 billion, indicating growth on a sequential basis. This positive performance has garnered a bullish sentiment from analysts on Smartkarma.


A look at Keysight Technologies, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Keysight Technologies In has shown promising long-term potential in utilizing the Smartkarma Smart Scores. With a strong momentum score of 4, the company is poised for growth and success in the future. Additionally, its resilience score of 3 indicates the company’s ability to withstand market fluctuations and challenges, further solidifying its position in the industry.

While Keysight Technologies In may have room for improvement in areas such as dividend and value scores, its overall outlook remains positive. With a growth score of 3, the company is expected to continue expanding and innovating in the electronic measurement services sector. Overall, Keysight Technologies In demonstrates a strong foundation for long-term success and growth in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Eastman Chemical Company’s Stock Price Soars to $99.65, Marking a Striking 7.53% Increase

By | Market Movers

Eastman Chemical Company (EMN)

99.65 USD +6.98 (+7.53%) Volume: 2.84M

Eastman Chemical Company’s stock price surges to $99.65, witnessing a significant trading session increase of +7.53% with a robust trading volume of 2.84M. The company’s YTD performance also reflects positive growth with a percentage change of +8.87%, highlighting its strong market presence and investment potential.


Latest developments on Eastman Chemical Company

Eastman Chemical Co. has reported modest sales and profit gains for the year 2024, with a strong performance in the fourth quarter. The company’s Q4 adjusted EPS of $1.87 beat FactSet estimates of $1.57, leading to a surge in the stock price. The earnings call transcript revealed that Eastman Chemical exceeded expectations, with earnings beating forecasts by $0.26. Despite falling short of revenue estimates, the company’s strong fourth-quarter results have impressed investors, driving the stock price up. Overall, Eastman Chemical Co. has shown resilience and growth in the face of economic challenges, positioning itself as a strong player in the market.


Eastman Chemical Company on Smartkarma

Analysts at Baptista Research have been closely monitoring Eastman Chemical Co on Smartkarma, an independent investment research network. In their recent report titled “Eastman Chemical Company: Will The Expansion & Flexibility in Production Capabilities Be A Critical Growth Accelerator? – Major Drivers,” they highlighted Eastman’s strategic initiatives to navigate market challenges and drive growth through innovation. Despite economic pressures, Eastman remains optimistic about its recovery trajectory supported by product developments and market expansions. The report indicates a mixed financial environment with various factors at play.

Another report by Baptista Research titled “Eastman Chemical Company: How Is The Management Executing Geographic and Product Line Expansion? – Major Drivers,” delves into Eastman Chemical Company’s recent earnings call for the second quarter of 2024. The analysts discussed the company’s ongoing projects, performance metrics, and challenges faced. Notably, Eastman’s methanolysis plant achieved milestones in processing hard-to-recycle materials, showcasing its sustainability efforts. Baptista Research aims to assess the factors influencing Eastman’s price in the near future and conduct an independent valuation using a Discounted Cash Flow (DCF) methodology.


A look at Eastman Chemical Company Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Eastman Chemical Co, an international chemical company known for producing a variety of chemicals, fibers, and plastics, has received a mix of Smart Scores indicating its long-term outlook. While the company scored high in areas like dividends and growth, with a score of 5 and 4 respectively, it scored lower in value, resilience, and momentum. This suggests that while Eastman Chemical Co may provide strong dividends and potential for growth, investors may want to closely monitor factors like value and resilience when considering the company’s long-term prospects.

Overall, Eastman Chemical Co‘s Smart Scores paint a picture of a company with solid potential for dividends and growth, but with some areas of concern in terms of value, resilience, and momentum. As an international chemical company with a diverse range of operations, including coatings, adhesives, specialty polymers, and plastics, Eastman Chemical Co‘s long-term outlook may be influenced by various factors in the market. Investors interested in the company should consider these Smart Scores as part of their overall analysis of Eastman Chemical Co‘s prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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US Market Movers Today – 31 January 2025

By | Market Movers

Biggest stock gainers today in S&P 500

CompanyStock PricePercentage ChangeSmartkarma SmartScore
Franklin Resources, Inc. (BEN)22.24 USD+10.37%3.6
Eastman Chemical Company (EMN)99.65 USD+7.53%3.6
Vertex Pharmaceuticals Incorporated (VRTX)461.68 USD+5.31%2.4
AbbVie Inc. (ABBV)183.90 USD+4.70%3.0
Keysight Technologies, Inc. (KEYS)178.35 USD+4.59%2.8
Corning Incorporated (GLW)52.08 USD+4.18%3.4
The Cigna Group (CI)294.21 USD+3.97%3.4
Electronic Arts Inc. (EA)122.91 USD+3.56%3.0
Baker Hughes Company (BKR)46.18 USD+3.54%4.4
Charter Communications, Inc. (CHTR)345.49 USD+2.63%2.8

Biggest stock losers today in S&P 500

CompanyStock PricePercentage ChangeSmartkarma SmartScore
Deckers Outdoor Corporation (DECK)179.92 USD-19.36%3.4
Walgreens Boots Alliance, Inc. (WBA)10.28 USD-10.30%3.8
ResMed Inc. (RMD)236.18 USD-8.33%3.0
PPG Industries, Inc. (PPG)115.38 USD-6.00%3.2
W.W. Grainger, Inc. (GWW)1062.67 USD-5.63%3.0
Las Vegas Sands Corp. (LVS)45.83 USD-5.00%3.4
Vistra Corp. (VST)168.03 USD-4.69%3.2
Hess Corporation (HES)139.03 USD-4.68%2.8
Occidental Petroleum Corporation (OXY)46.65 USD-4.64%3.0
APA Corporation (APA)21.93 USD-4.61%3.2

What is Smartkarma SmartScore?

It is a compound score for a Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores (Value, Dividend, Growth, Resilience, Momentum scores) computed by Smartkarma.

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Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Kingsoft Cloud Holdings’s Stock Price Takes a Dip to 5.95 HKD, Experiencing a 3.09% Decrease

By | Market Movers

Kingsoft Cloud Holdings (3896)

5.95 HKD -0.19 (-3.09%) Volume: 34.26M

Kingsoft Cloud Holdings’s stock price stands at 5.95 HKD, experiencing a dip of -3.09% this trading session with a trading volume of 34.26M, reflecting a marginal year-to-date decrease of -0.17%, indicating a cautious market sentiment towards 3896’s performance.


Latest developments on Kingsoft Cloud Holdings

Kingsoft Cloud Holdings (NASDAQ:KC) saw its stock price surge by 6.1% today, following a series of key events. The company recently reported strong quarterly earnings, beating analysts’ expectations and showcasing robust growth in its cloud services business. Additionally, Kingsoft Cloud announced new partnerships with major technology companies, further solidifying its position in the cloud computing market. Investors are optimistic about the company’s future prospects, driving up its stock price in today’s trading session.


A look at Kingsoft Cloud Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Kingsoft Cloud Holdings Limited, a company that offers cloud computing solutions for various industries, has received a mixed outlook based on the Smartkarma Smart Scores. While the company scores high in Momentum, indicating strong market performance, it falls short in Dividend, suggesting lower returns for investors. With moderate scores in Value and Growth, and a slightly lower score in Resilience, the long-term outlook for Kingsoft Cloud Holdings appears to be a combination of opportunities and challenges.

Although Kingsoft Cloud Holdings shows promising momentum in the market, its overall performance is hindered by lower scores in Dividend and Resilience. With a focus on providing cloud computing solutions for gaming, video streaming, and financial services, the company may need to address these areas to ensure sustained growth and investor confidence in the long run. While there are strengths in Value and Growth, the company’s ability to weather market fluctuations and provide consistent returns to shareholders may require further attention and strategic planning.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Alibaba Health Information Technology’s Stock Price Skyrockets to 3.61 HKD, Marking a Robust 4.34% Uptick

By | Market Movers

Alibaba Health Information Technology (241)

3.61 HKD +0.15 (+4.34%) Volume: 35.38M

Alibaba Health Information Technology’s stock price is currently trading at 3.61 HKD, marking a significant increase of +4.34% in this trading session with a trading volume of 35.38M. The stock has shown a steady growth YTD, with a rise of +8.73%, demonstrating a strong performance in the market.


Latest developments on Alibaba Health Information Technology

Alibaba Health Information Tec stock price experienced significant movements today following key events in the market. The company’s stock surged after announcing a new partnership with a leading pharmaceutical company to develop innovative healthcare solutions. This positive news was further bolstered by reports of strong quarterly earnings, exceeding analysts’ expectations. However, the stock later dipped slightly as investors reacted to news of potential regulatory changes impacting the healthcare sector. Despite this temporary setback, Alibaba Health Information Tec remains optimistic about its long-term growth prospects, positioning itself as a key player in the evolving healthcare industry.


A look at Alibaba Health Information Technology Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience4
Momentum2
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Alibaba Health Information Technology Limited, an integrated healthcare information and content service provider, shows a promising long-term outlook based on the Smartkarma Smart Scores. With a strong score of 5 for Growth and 4 for Resilience, the company is positioned for significant expansion and has demonstrated the ability to withstand market challenges. Despite lower scores in Value and Momentum, Alibaba Health Information Tec‘s overall outlook appears positive, reflecting its potential for sustainable growth in the healthcare industry.

Utilizing the Smartkarma Smart Scores, Alibaba Health Information Technology Limited received varying ratings across different factors. While the company scored lower in Dividend and Momentum, it excelled in Growth and Resilience, indicating a strong potential for long-term success. With its focus on utilizing product identification, authentication, and tracking system data for healthcare information, Alibaba Health Information Tec is well-positioned to capitalize on opportunities for innovation and expansion in the healthcare sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

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  • βœ“ Unlimited Research Summaries
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