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Paysafe Limited (PSFE) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2025-06-03 14:56
Group 1 - A downtrend has been observed in Paysafe Limited (PSFE), with the stock losing 18.5% over the past four weeks, but a hammer chart pattern formed in the last trading session may indicate a potential trend reversal [1][2] - The hammer pattern suggests that selling pressure may be exhausting, and there is rising optimism among Wall Street analysts regarding the company's future earnings, which supports the possibility of a trend reversal [2][7] - The consensus EPS estimate for the current year has increased by 9.8% over the last 30 days, indicating that analysts expect better earnings than previously predicted [8][9] Group 2 - The hammer chart pattern is characterized by a small candle body with a long lower wick, indicating that the bears may have lost control over the price during a downtrend [4][5] - The occurrence of the hammer pattern at the bottom of a downtrend signals a potential reversal, as buying interest emerges after reaching a new low [5][6] - PSFE currently holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [9]
Should You Buy Sterling Infrastructure (STRL) After Golden Cross?
ZACKS· 2025-06-03 14:56
After reaching an important support level, Sterling Infrastructure, Inc. (STRL) could be a good stock pick from a technical perspective. STRL recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longe ...
Stratasys (SSYS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2025-06-03 14:56
Core Viewpoint - Stratasys (SSYS) has shown a downtrend recently, losing 7.8% over the past two weeks, but a hammer chart pattern suggests a potential trend reversal due to increased buying interest [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottom in the stock price, suggesting that selling pressure may be exhausting [2][5]. - This pattern forms when the stock opens lower, makes a new low, but then closes near or above the opening price, indicating a shift in control from bears to bulls [4][5]. - Hammer candles can appear on various timeframes and are relevant for both short-term and long-term investors [5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for Stratasys, which is a bullish indicator [7]. - The consensus EPS estimate for the current year has increased by 47.5% over the last 30 days, reflecting analysts' optimism about the company's earnings potential [8]. - Stratasys holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, indicating strong potential for outperformance in the market [9].
Wall Street Analysts Predict a 44.7% Upside in Contango ORE, Inc. (CTGO): Here's What You Should Know
ZACKS· 2025-06-03 14:56
Group 1 - Contango ORE, Inc. (CTGO) closed at $20.27, with a 45.4% gain over the past four weeks, and a mean price target of $29.33 suggests a 44.7% upside potential [1] - The average price target ranges from a low of $26 to a high of $32, with a standard deviation of $3.06, indicating a potential increase of 28.3% to 57.9% from the current price [2] - Analysts show strong agreement on CTGO's ability to report better earnings than previously predicted, which supports the view of potential upside [4][11] Group 2 - The Zacks Consensus Estimate for CTGO's current year earnings has increased by 176.9% over the last 30 days, with no negative revisions [12] - CTGO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be reliable for predicting exact gains, they can indicate the direction of price movement, which appears to be a good guide for potential upside [13]
Wall Street Analysts Think Aardvark Therapeutics, Inc. (AARD) Could Surge 180.77%: Read This Before Placing a Bet
ZACKS· 2025-06-03 14:56
Core Viewpoint - Aardvark Therapeutics, Inc. (AARD) shows significant upside potential with a mean price target of $31.25, indicating an 180.8% increase from the current price of $11.13 [1] Price Targets and Analyst Consensus - The average price targets from analysts range from a low of $20 to a high of $50, with a standard deviation of $13.05, suggesting variability in estimates [2] - The lowest estimate indicates a potential increase of 79.7%, while the highest suggests a 349.2% upside [2] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement direction [9] Earnings Estimates and Analyst Optimism - Analysts have shown increasing optimism about AARD's earnings prospects, as evidenced by a positive trend in earnings estimate revisions [11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 4.7%, with two estimates moving higher and no negative revisions [12] - AARD holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13]
Wall Street Analysts Think Arcturus Therapeutics (ARCT) Could Surge 371.35%: Read This Before Placing a Bet
ZACKS· 2025-06-03 14:56
Shares of Arcturus Therapeutics (ARCT) have gained 7.5% over the past four weeks to close the last trading session at $12.81, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $60.38 indicates a potential upside of 371.4%.The mean estimate comprises eight short-term price targets with a standard deviation of $33.97. While the lowest estimate of $32 indicates a 149.8% increase from ...
Does Immatics (IMTX) Have the Potential to Rally 174.54% as Wall Street Analysts Expect?
ZACKS· 2025-06-03 14:56
Immatics (IMTX) closed the last trading session at $6.01, gaining 17.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $16.50 indicates a 174.5% upside potential.The average comprises seven short-term price targets ranging from a low of $10 to a high of $25, with a standard deviation of $5.01. While the lowest estimate indicates an increase of 66.4% from the current price level, t ...
Does Arcosa (ACA) Have the Potential to Rally 26.49% as Wall Street Analysts Expect?
ZACKS· 2025-06-03 14:56
Arcosa (ACA) closed the last trading session at $86.33, gaining 2.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $109.20 indicates a 26.5% upside potential.The average comprises five short-term price targets ranging from a low of $100 to a high of $120, with a standard deviation of $7.29. While the lowest estimate indicates an increase of 15.8% from the current price level, the ...
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Fortrea Holdings, Inc. (FTRE)
GlobeNewswire News Room· 2025-06-03 14:56
NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased the securities of Fortrea Holdings, Inc. (“Fortrea” or the “Company”) (NASDAQ: FTRE) between July 3, 2023 and February 28, 2025, both dates inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements and ...
Upstart: Inflection Point In Sight
Seeking Alpha· 2025-06-03 14:55
Fintech company Upstart (NASDAQ: UPST ) submitted a better-than-expected earnings sheet for the first fiscal quarter in May that showed triple-digit top growth in originated loans. The Fintech reported strong platform automation and generated significant growth in its most importantAnalyst’s Disclosure:I/we have a beneficial long position in the shares of UPST, SOFI, XYZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not rec ...