Latest news for Canon (OTC:CAJPY) Stock

Canon Inc designs, manufactures and distributes an extensive range of consumer and electronic products, including copiers, cameras, lenses, and inkjet printers. The company operates four major business segments: printing, imaging, medical, industrial, and others. It generates maximum revenue from the printing segment. Printing Business Unit includes Office multifunction devices (MFDs), Document solutions, Laser multifunction printers (MFPs), Laser printers, Inkjet printers, Image scanners, Calculators, Digital continuous feed presses, Digital sheet-fed presses, and Large format printers.

Canon Inc

H&amp;R Block (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRB#NYSE">HRB</a>) has outperformed the market over the past 5 years by 2.77% on an annualized basis producing an average annual return of 15.37%. Currently, H&amp;R Block has a market capitalization of $7.95 billion. 
Buying $1000 In HRB: If an investor had bought $1000 of HRB stock 5 years ago, it would be worth $2,049.30 today based on a price of $56.95 for HRB at the time of writing.
<h3>H&amp;R Block's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722029438_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Trading Ideas

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,000 Today

Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) has outperformed the market over the past 10 years by 5.7% on an annualized basis producing an average annual return of 16.62%. Currently, Apollo Global Management has a market capitalization of $69.51 billion. 
Buying $1000 In APO: If an investor had bought $1000 of APO stock 10 years ago, it would be worth $4,546.33 today based on a price of $122.16 for APO at the time of writing.
<h3>Apollo Global Management's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722029433_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Apollo Global Management 10 Years Ago Would Be Worth This Much Today

Citigroup analyst Atif Malik maintains Teradyne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) with a Buy and lowers the price target from $185 to $162.

Price Target

Analyst Ratings

Citigroup Maintains Buy on Teradyne, Lowers Price Target to $162

During the last three months, 5 analysts shared their evaluations of Puma Biotechnology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBYI#NASDAQ">PBYI</a>), revealing diverse outlooks from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $7.0, a high estimate of $7.00, and a low estimate of $7.00. The average price target has stayed the same, reflecting a consistent view from analysts. 
<img src="https://www.benzinga.com/files/images/story/2024/1722027698_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A comprehensive examination of how financial experts perceive Puma Biotechnology is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Edward White</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$7.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>Edward White</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$7.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>Edward White</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$7.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>Edward White</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$7.00</td>
<td>$7.00</td>
</tr>
<tr>
<td>Edward White</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$7.00</td>
<td>$7.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Puma Biotechnology. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Puma Biotechnology compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Puma Biotechnology's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Puma Biotechnology's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PBYI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Puma Biotechnology analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>All You Need to Know About Puma Biotechnology</h2>
Puma Biotechnology Inc is a biopharmaceutical company that develops and commercializes innovative products to enhance cancer care and improve treatment outcomes for patients. It is currently commercializing NERLYNX, an oral version of neratinib, for the treatment of HER2-positive breast cancer. Also it develops alisertib. Alisertib is a selective, small-molecule inhibitor of aurora kinase A that is designed to disrupt mitosis leading to apoptosis of rapidly proliferating tumor cells that are dependent on aurora kinase A.
<h3>A Deep Dive into Puma Biotechnology's Financials</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Challenges: Puma Biotechnology's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -17.07%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Health Care sector.
Net Margin: Puma Biotechnology's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -11.0%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Puma Biotechnology's ROE stands out, surpassing industry averages. With an impressive ROE of -9.22%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Puma Biotechnology's ROA excels beyond industry benchmarks, reaching -2.17%. This signifies efficient management of assets and strong financial health.
Debt Management: Puma Biotechnology's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.17, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

PBYI

Where Puma Biotechnology Stands With Analysts

During the last three months, 10 analysts shared their evaluations of Lennox Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LII#NYSE">LII</a>), revealing diverse outlooks from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Lennox Intl, presenting an average target of $581.9, a high estimate of $675.00, and a low estimate of $517.00. This upward trend is apparent, with the current average reflecting a 7.66% increase from the previous average price target of $540.50.
<img src="https://www.benzinga.com/files/images/story/2024/1722027675_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Lennox Intl. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$550.00</td>
<td>$517.00</td>
</tr>
<tr>
<td>Tommy Moll</td>
<td>Stephens &amp; Co.</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$675.00</td>
<td>$675.00</td>
</tr>
<tr>
<td>Deane Dray</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$572.00</td>
<td>$566.00</td>
</tr>
<tr>
<td>Jeffrey Hammond</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$600.00</td>
<td>$515.00</td>
</tr>
<tr>
<td>Timothy Wojs</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$610.00</td>
<td>$505.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$517.00</td>
<td>$500.00</td>
</tr>
<tr>
<td>Joe Ritchie</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$575.00</td>
<td>$507.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$570.00</td>
<td>$550.00</td>
</tr>
<tr>
<td>Gautam Khanna</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$600.00</td>
<td>$550.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$550.00</td>
<td>$520.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Lennox Intl. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Lennox Intl compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Lennox Intl's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
For valuable insights into Lennox Intl's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/LII/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Lennox Intl analyst ratings.</a>
<h2>Delving into Lennox Intl's Background</h2>
Lennox International manufactures and distributes heating, ventilating, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2023, residential HVAC was 68% of sales and commercial HVAC and Heatcraft refrigeration was 32% of sales. The company goes to market with multiple brands, but Lennox is the company's flagship HVAC brand. The Texas-based company is focused on North America after the sale of its European HVAC and refrigeration businesses in late 2023.
<h3>Unraveling the Financial Story of Lennox Intl</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Lennox Intl showcased positive performance, achieving a revenue growth rate of 2.81% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 16.95%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Lennox Intl's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 51.98% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Lennox Intl's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.92% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Lennox Intl's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.72, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>How Are Analyst Ratings Determined?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

10 Analysts Have This To Say About Lennox Intl

Taiwan Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) has outperformed the market over the past 10 years by 12.34% on an annualized basis producing an average annual return of 23.26%. Currently, Taiwan Semiconductor has a market capitalization of $837.03 billion. 
Buying $1000 In TSM: If an investor had bought $1000 of TSM stock 10 years ago, it would be worth $7,815.64 today based on a price of $161.40 for TSM at the time of writing.
<h3>Taiwan Semiconductor's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722027659_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Taiwan Semiconductor 10 Years Ago Would Be Worth This Much Today

Canadian Natural Res (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>) has outperformed the market over the past 5 years by 9.75% on an annualized basis producing an average annual return of 22.36%. Currently, Canadian Natural Res has a market capitalization of $73.53 billion. 
Buying $100 In CNQ: If an investor had bought $100 of CNQ stock 5 years ago, it would be worth $279.38 today based on a price of $34.42 for CNQ at the time of writing.
<h3>Canadian Natural Res's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722027654_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Canadian Natural Res Stock In The Last 5 Years

Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Betterware de Mexico SAPI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWMX#NYSE">BWMX</a>) in the last three months.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $22.5, with a high estimate of $22.50 and a low estimate of $22.50. Consistency is reflected as the current average remains at the same level as the previous average price target. 
<img src="https://www.benzinga.com/files/images/story/2024/1722027642_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Betterware de Mexico SAPI. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$22.50</td>
<td>$22.50</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$22.50</td>
<td>$22.50</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$22.50</td>
<td>$22.50</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$22.50</td>
<td>$22.50</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$22.50</td>
<td>$22.50</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$22.50</td>
<td>$22.50</td>
</tr>
<tr>
<td>Eric Beder</td>
<td>Small Cap Consumer Research</td>
<td>Maintains</td>
<td>Buy</td>
<td>$22.50</td>
<td>$22.50</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Betterware de Mexico SAPI. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Betterware de Mexico SAPI compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Betterware de Mexico SAPI's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Betterware de Mexico SAPI's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/BWMX/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Betterware de Mexico SAPI analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Discovering Betterware de Mexico SAPI: A Closer Look</h2>
Betterware de Mexico SAPI de CV is a direct-to-consumer selling company. The company operates through two business segments: the home organization products (Betterware segment or BWM segment) and the beauty and personal care products (B and PC) (JAFRA segment). The Betterware's segment is divided into different categories based on the type of products it sells and includes, kitchen and food preservation, home solutions, bathroom, laundry &amp; cleaning, tech and mobility, and bedroom and wellness products. The JAFRA's segment is divided into fragrance, color, skincare, and toiletries products. The company generates a majority of its revenue from the Beauty and personal care (B&amp;PC) (JAFRA segment). Geographically, key revenue for the company is derived from Mexico.
<h3>A Deep Dive into Betterware de Mexico SAPI's Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Betterware de Mexico SAPI's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 10.36%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Betterware de Mexico SAPI's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.16% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Betterware de Mexico SAPI's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 19.7%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Betterware de Mexico SAPI's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.68%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 3.6, Betterware de Mexico SAPI adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Significance of Analyst Ratings Explained</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BWMX

Critical Insights From Betterware de Mexico SAPI Analyst Ratings: What You Need To Know

Canaccord Genuity analyst Dalton Baretto maintains MAG Silver (TSX:<a class="ticker" href="https://www.benzinga.com/stock/MAG#TSX">MAG</a>) with a Buy and raises the price target from C$22 to C$23.

TSX:MAG

Canaccord Genuity Maintains Buy on MAG Silver, Raises Price Target to C$23

Canaccord Genuity analyst Mike Mueller maintains Baytex Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/BTE#TSX">BTE</a>) with a Buy and raises the price target from C$6.25 to C$6.5.

TSX:BTE

Canaccord Genuity Maintains Buy on Baytex Energy, Raises Price Target to C$6.5

First Cap (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCAP#NASDAQ">FCAP</a>) reported quarterly earnings of $0.85 per share. This is a 3.66 percent increase over earnings of $0.82 per share from the same period last year.

Earnings

FCAP

First Cap Q2 EPS $0.85 Up From $0.82 YoY

Asset Sales

Johnson Controls International: Purchase Deal Says Robert Bosch Will Pay Co Termination Fee Of $300M If Purchase Agreement Is Terminated

PayPal Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NYSE">PYPL</a>) short percent of float has fallen 4.83% since its last report. The company recently reported that it has 20.55 million shares sold short, which is 1.97% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.04 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>PayPal Holdings Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722026721_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for PayPal Holdings has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing PayPal Holdings's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, PayPal Holdings's peer group average for short interest as a percentage of float is 5.82%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

PYPL

How Is The Market Feeling About PayPal Holdings?

Owens-Corning's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OC#NYSE">OC</a>) short percent of float has risen 10.34% since its last report. The company recently reported that it has 1.49 million shares sold short, which is 2.24% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.27 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Owens-Corning Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722026716_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Owens-Corning has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Owens-Corning's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Owens-Corning's peer group average for short interest as a percentage of float is 4.00%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Owens-Corning's Recent Short Interest

Kohl's's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) short percent of float has risen 4.82% since its last report. The company recently reported that it has 40.73 million shares sold short, which is 51.14% of all regular shares that are available for trading. Based on its trading volume, it would take traders 8.49 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Kohl's Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722026711_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Kohl's has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Kohl's's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Kohl's's peer group average for short interest as a percentage of float is 9.12%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(KSS) - Analyzing Kohl's's Short Interest

<a href="https://www.ft.com/content/d67a6325-d316-4bb8-80e3-1d51429b3393">https://www.ft.com/content/d67a6325-d316-4bb8-80e3-1d51429b3393</a>
Howard Schultz, the former Starbucks chief executive, is opposing a potential settlement between the company and activist investor Elliott Investment Management, in the latest sign of tension at the world's largest coffee chain. The quasi-founder of Starbucks has made his opposition to an Elliott settlement known to some board members, said people familiar with the matter. Schultz had criticised its leadership publicly in recent months despite no longer having a formal role at the company. He remains Starbucks's sixth-largest shareholder, with a holding of about $1.6bn. Elliott, known for being an aggressive investor, has built a sizeable minority stake in the $86bn company and has privately pushed for change in recent weeks, including board representation, in an attempt to revive Starbucks' lacklustre performance. Schultz and Elliott have not been in contact over this matter, one person said. Companies under pressure from activists such as Elliott often seek to negotiate agreements with them rather than face a public fight, but the status of any settlement discussions between Starbucks and Elliott remain unclear. "Howard left the board a year ago and in his limited contact with the board since, his input has always focused on the values and culture of Starbucks as the primary driver of success and performance," a person close to Schultz said. The billionaire former coffee machine salesman led the company three separate times — for about 14 years starting in 1986, then again from 2008 to 2017, and most recently as interim CEO from 2022 to 2023.&nbsp; He was succeeded as CEO last year by Laxman Narasimhan, who joined from UK-based consumer health and hygiene group Reckitt. Schultz remains chair emeritus but left the company's board and has said he does not have access to financial information.
 Schultz, who has said he has no interest in returning as CEO, has remained vocal on the sidelines. This spring he criticised the company's performance on LinkedIn, penning an open letter that said senior leaders and board members needed "to spend more time with those who wear the green apron". He also made an appearance on business podcast Acquired in June, speaking about the history of Starbucks and his recommendations for management. "It hasn't been a great year for Starbucks," he said. "In fairness to Laxman, there's a lot of external issues that have contributed to the pressure, like on every company. But the company has not executed the way that I think it should have." "If the company is doing a drift towards mediocrity, I hold leadership, and the board responsible for that," he said later in the three-hour podcast. Starbucks's share price has fallen about 20 per cent since the start of 2024. The company cut its financial guidance in January and again in April, when it reported a 4 per cent decline in quarterly comparable store sales that was the first such drop since late 2020. It is due to announce results for its fiscal third quarter on Tuesday. Starbucks has made changes to its board over the past year. Three new members, including the CEOs of YouTube and T-Mobile, Neal Mohan and Mike Sievert, joined earlier this year. This spring, Microsoft CEO Satya Nadella left the board. Spokespeople for Schultz, Starbucks and Elliott declined to comment.

Legal

Management

SBUX

'Howard Schultz Opposes Starbucks Settlement With Activist Investor Elliott' - Financial Times

Offerings

ALRN

Aileron Therapeutics Got Into Equity Distribution Agreement, May Offer & Sell Shares Of Our Common Stock From Time To Time Of Up To $50M

WIIM

VTVT

vTv Therapeutics shares are trading lower after the company announced the FDA has placed a clinical hold on the cadisegliatin clinical program which includes the ongoing CATT1 phase 3 trial in type 1 diabetes.

vTv Therapeutics Shares Resume Trade

Paragon Technologies, Inc. ("Paragon"), a diversified holding company and a large shareholder of Ocean Power Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPTT#NYSE">OPTT</a>), ("Company" or "OPT"), issues the following statement to OPT shareholders:
On July 5, OPT filed a proxy statement calling for a special meeting of shareholders on August 30, 2024, asking shareholders to approve increasing the Company's authorized shares to 200 million, up from 100 million.
On July 25, 2025, OPT announced Fiscal 2024 financial results revealing that it lost $27.4 million in fiscal 2024 versus $26.3 million in fiscal 2023.

OPTT

PGNT

Paragon Technologies Recommends Ocean Power Shareholders Vote AGAINST Its Plan To Increase Its Authorized Shares By 100M

The technology sector's significant growth is fueled by continued technological innovation, Gen Z's mobile habits, and rising demand for versatile devices. Hence, it could be wise to invest in tech stocks Canon (CAJPY), Zoom Video Communications (ZM), and Brother Industries (BRTHY), which are poised to surpass expectations. Continue reading... The tech sector is set to witness solid growth this year, emphasizing efficiency, innovation, and increased spending on software and IT services, focusing on globalization and generative AI growth. So, investors could consider buying top tech stocks Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>), Zoom Video Communications, Inc. (<a href="https://stocknews.com/stock/ZM/">ZM</a>), and Brother Industries, Ltd. (<a href="https://stocknews.com/stock/BRTHY/">BRTHY</a>) for potential gains.
A notable surge of 49.1% in the NASDAQ Composite over the past year underscores robust growth and outstanding performance in the technology sector, demonstrating investor confidence and optimistic sentiment regarding the future of technology companies.
In addition, the U.S. consumer electronics industry is set to bounce back in 2024, with sales expected to rise by 2.8% year-over-year to $512 billion, driven by PC and smartphone refresh cycles. Also, AI is poised to drive device upgrades, with software and services sales forecasted to grow by 3.8% to $163 billion, and hardware sales are projected to <a href="https://www.investors.com/news/technology/ces-2024-upgrades-to-drive-consumer-electronics-sales/">rise by 2.3% to $349 billion</a>.
Moreover, Gen Z's tech habits emphasize mobile and social media use, pushing for personalized experiences and sustainability reshaping work, education, and healthcare. <a href="https://www.cta.tech/Resources/Newsroom/Media-Releases/2024/February/CTA-Research-Exploring-Gen-Z-Views-and-Preferences">CTA's study highlights</a> 86% tech reliance, owning 13 devices on average, and spending 12 hours daily, preferring smartphones and streaming/gaming devices over TVs.
The IT hardware market is further buoyant, fueled by the rising demand for versatile devices like laptops and tablets, driven by remote work and learning needs during the pandemic. Manufacturers continuously innovate to meet diverse digital needs across sectors, driving market growth. The global IT services market is expected to grow at a <a href="https://www.grandviewresearch.com/industry-analysis/it-services-market-report#:~:text=The%20global%20IT%20services%20market%20is%20expected%20to%20grow%20at,share%20of%2036.8%25%20in%202022.">CAGR of 9.7%</a> by 2030.
Considering these conducive trends, let's examine the fundamentals of the three best tech stock picks.
Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>)
Headquartered in Tokyo, Japan, CAJPY is a multinational company specializing in a diverse range of products, including office multifunction devices, printers, cameras, medical equipment, and lithography equipment. It operates through several business units, including Printing; Imaging; Medical; Industrial; and others.
On March 26, CAJPY expands its ColorStream 8000 series with the ColorStream 8110 and flagship ColorStream 8200, boasting speeds of up to 361 and 656 feet per minute, respectively. These models feature native 1200 DPI printheads, which are highly pigmented water-based polymer inks and can deliver 2,860 impressions per minute with PRISMA production workflow integration.
On March 18, CAJPY launched the CE-SAT-IE micro-satellite, confirming normal operation post-launch and successful communication with ground stations. Equipped with CAJPY's PowerShot S110 compact digital camera, it captured the Gulf of California and aims for high-resolution imaging with CAJPY's EOS R5 digital camera for geospatial information and disaster prevention.
During the fourth quarter, which ended December 31, 2023, CAJPY's net sales increased marginally from the previous year's quarter to ¥1.16 trillion ($7.67 billion). The company's gross profit and <a href="https://www.investopedia.com/terms/o/operating_profit.asp">operating profit</a> grew 5.7% and 19.2% from a year-ago quarter to ¥548.08 billion ($3.61 billion) and ¥115.99 billion ($764.91 million), respectively.
As of December 31, 2023, the company's net cash provided by operating activities amounted to ¥451.19 billion ($2.98 billion), compared to ¥262.60 billion ($1.73 billion) as of December 31, 2022.
For the fiscal year ending December 31, 2024, CAJPY projects net sales of ¥4.35 trillion ($28.69 billion), an operating profit of ¥435 billion ($2.87 billion), and net income attributable to CAJPY of ¥305 billion ($2.01 billion).
Analysts anticipate CAJPY's revenue to increase by 151.9% year-over-year to $28.46 billion for the fiscal year ending December 2024. The stock has gained 32% over the past year and 24.7% over the past six months to close the last trading session at $29.19. Also, it soared marginally intraday.
CAJPY's <a href="https://stocknews.com/powr-ratings/">POWR</a><a href="https://stocknews.com/powr-ratings/"> Ratings</a> reflect its robust prospects. The stock has an overall A rating, translating to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted optimally.
The stock has an A grade for Momentum and a B for Value, Stability, and Quality. CAJPY is ranked #5 among 38 stocks within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry.
<a href="https://stocknews.com/stock/CAJPY/">Click here</a> to see CAJPY's ratings for Growth and Sentiment.
Zoom Video Communications, Inc. (<a href="https://stocknews.com/stock/ZM/">ZM</a>)
ZM provides a unified communications platform, including video meetings, phone services, and virtual event solutions, serving diverse industries globally. Its services range from individual users to enterprise-level applications.
On March 25, ZM launched ZM Workplace in AWS Marketplace, offering customers seamless access to Meetings, Team Chat, Phone, Whiteboard, Spaces, Contact Center, and Revenue Accelerator products. This collaboration enhances IT teams' abilities to consolidate technology purchasing, leverage AWS resources, and optimize collaboration and communications in the digital-first era.
On the same day, ZM and Avaya collaborated to improve collaboration for enterprises by integrating ZM Workplace with Avaya's Communication &amp; Collaboration Suite. This partnership enhances user experiences, leveraging ZM's interface while preserving investments in Avaya solutions.
In the fourth quarter, which ended January 31, 2024, ZM's revenue grew 2.6% year-over-year to $1.15 billion. The company's non-GAAP net income and net income per share increased 21.1% and 16.4% from the prior-year quarter to $443.97 million and $1.42, respectively. Also, its non-GAAP free cash flow rose 81.5% from the prior-year quarter to $332.69 million.
As of January 31, 2024, the company's total liabilities amounted to $1.91 billion, compared to $1.92 billion as of January 31, 2023.
For the full fiscal year 2025, the company forecasts its total revenue to reach approximately $4.60 billion. Its non-GAAP income from operations is anticipated to range between $1.72 billion and $1.73 billion, and non-GAAP EPS is projected to fall between $4.85 and $4.88. Furthermore, free cash flow is expected to range between $1.44 billion and $1.48 billion.
Street expects ZM's revenue to grow 2% year-over-year to $4.62 billion for the fiscal year ending January 2025. Its EPS for the same quarter is expected to be $4.89. Additionally, the company surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is promising.
ZM's shares have declined marginally intraday to close the last trading session at $62.94.
ZM's POWR Ratings reflect its sound prospects. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
ZM has a B grade for Growth, Value, and Quality. Within the <a href="https://stocknews.com/category/technology-services/">Technology – Services</a> industry, it is ranked #7 out of 81 stocks.
In addition to the POWR Ratings stated above, one can access ZM's additional Momentum, Stability, and Sentiment ratings <a href="https://stocknews.com/stock/ZM/">here</a>.
Brother Industries, Ltd. (<a href="https://stocknews.com/stock/BRTHY/">BRTHY</a>)
Headquartered in Nagoya, Japan, BRTHY manufactures and sells communication and printing equipment globally, encompassing segments like inkjet printers; industrial sewing machines; and online karaoke systems. Its products cater to a wide range of markets and regions.
On March 18, 2024, BRTHY introduced a diverse product lineup and expanded into renowned anime and manga from Japan at the FESPA Global Print Expo 2024. The exhibition includes garment printers, sewing and embroidery machines, and merchandise featuring characters from notable anime and manga series, showcasing Brother's innovation and versatility in industrial printing.
BRTHY forecasted an annual dividend of ¥68 ($0.448) per common share for the fiscal year ended March 31, 2024. The company pays $0.94 annually, which translates to a yield of 2.55% on the prevailing price level. Its four-year average dividend yield is 2.95%. Moreover, the company boasts a 33-year record for consecutive dividend payments.
BRTHY reported a total revenue of ¥213.13 billion ($1.41 billion) in the third quarter that ended December 31, 2023. The company's gross profit and profit for the period increased 11.4% and 39.3% year-over-year, respectively, to ¥90.79 billion ($598.71 million) and ¥17.71 billion ($116.80 million). Moreover, its EPS grew 39.3% from the year-ago quarter to ¥69.11.
For the fiscal year ending March 31, 2024, the company expects its revenue and operating profit to grow marginally and 26.4% year-over-year to ¥820 billion ($5.41 billion) and ¥70 billion ($461.61 million), respectively.
Analysts expect BRTHY's revenue for the fiscal year ending March 2024 to grow 58% year-over-year to $5.42 billion. Shares of BRTHY have surged 14.3% over the past three months and 33.1% over the past nine months to close the last trading session at $36.97.
BRTHY's POWR Ratings reflect an optimistic outlook. The stock has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
The stock has an A grade for Value, Momentum, and Stability and a B for Quality. Within the <a href="https://stocknews.com/category/technology-electronics/">Technology – Electronics</a> industry, it is ranked first among 43 stocks.
For more insights into BRTHY's Growth and Sentiment ratings, click <a href="https://stocknews.com/stock/BRTHY/">here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
CAJPY shares were trading at $29.30 per share on Monday morning, up $0.11 (+0.36%). Year-to-date, CAJPY has gained 14.45%, versus a 9.47% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/cajpy-zm-brthy-3-tech-stocks-set-to-soar-beyond-expectations/>3 Tech Stocks Set to Soar Beyond Expectations</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks Set to Soar Beyond Expectations

Canon: Focus On ROE Target And Buyback Plan

Growing investments in digitization and the adoption of newer technologies are boosting the growth prospects of the technology industry. Therefore, quality tech stocks Canon (CAJPY), TTM Technologies (TTMI), and Universal Electronics (UEIC) could be solid buys now. Read on... The tech sector is expanding and poised for significant growth owing to increased spending on cloud, cybersecurity, software, and IT services. The industry's growth will be driven by continuous innovations in artificial intelligence (AI) and the integration of emerging technologies, promising a bright future for potential investors.
Against this backdrop, investors could consider buying fundamentally robust tech stocks such as Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>), TTM Technologies, Inc. (<a href="https://stocknews.com/stock/TTMI/">TTMI</a>), and Universal Electronics Inc. (<a href="https://stocknews.com/stock/UEIC/">UEIC</a>). Before diving deeper into the fundamentals of these stocks, let's first understand what's shaping the industry's prospects.
According to Gartner, worldwide IT spending is expected to total $5.06 trillion this year, rising <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">8% year-over-year</a>. This is higher than its previous forecast of 6.8% and puts worldwide IT spending on track to surpass $8 trillion before the end of the decade.
An uptick in demand for AI-friendly or IoT-enabled devices such as laptops, tablets, and handhelds are significantly boosting the need for critical electronic components. As consumer spending on technology products and services grows, the demand for advanced electronics will increase. The global electronics market is projected to grow at a <a href="https://www.precedenceresearch.com/electronic-components-market">CAGR of 6.8%</a> to reach $368.40 billion by 2032.
With the rise of new technologies like 5G, the Internet of Things, edge computing, quantum computing, artificial intelligence, etc., the demand for sophisticated hardware to support their highly complex processing needs is growing. The IT Hardware Market is anticipated to hit $191.03 billion by 2029, growing at a <a href="https://www.mordorintelligence.com/industry-reports/global-it-hardware-market">7.9% CAGR</a>.
Considering these conducive trends, let's examine the fundamentals of the three featured tech stocks.
Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>)
Headquartered in Tokyo, Japan, CAJPY manufactures and sells office multifunction devices (MFDs), laser and inkjet printers, cameras, medical equipment, and lithography equipment worldwide. The company operates through the Printing Business Unit, Imaging Business Unit, Medical Business Unit, Industrial Business Unit, and Others segments.
CAJPY's trailing-12-month asset turnover ratio of 0.80x is 29.3% higher than the industry average of 0.62x. Its trailing-12-month ROTC and <a href="https://www.investopedia.com/terms/r/return_on_total_assets.asp">ROTA</a> of 6.12% and 4.88% are 151% and 226.9% higher than the industry averages of 2.44% and 1.49%, respectively.
CAJPY's net sales and gross profit for the fiscal first quarter that ended March 31, 2024, increased 1.8% and 5.4% year-over-year to ¥988.52 billion ($6.39 billion) and ¥478.44 billion ($3.09 billion), respectively.
For the same quarter, its income before income taxes and net income attributable to CAJPY stood at ¥89.22 billion ($576.41 million) and ¥59.95 billion ($387.30 million), up 1.9% and 6.3% from the prior-year quarter, respectively.
Street expects CAJPY's revenue for the year ending December 31, 2024, to increase 147.1% year-over-year to $27.92 billion. Over the past year, the stock has gained 28.8% to close the last trading session at $28.73.
CAJPY's robust prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall B rating, equating to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
It has an A grade for Momentum and a B for Value, Stability, and Quality. It is ranked #7 out of 37 stocks in the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry. <a href="https://stocknews.com/stock/CAJPY/">Click here</a> to see the additional POWR Ratings for CAJPY (Growth and Sentiment).
TTM Technologies, Inc. (<a href="https://stocknews.com/stock/TTMI/">TTMI</a>)
TTMI manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments: PCB and RF&amp;S Components.
TTMI's trailing-12-month CAPEX / Sales of 7.18% is 212.9% higher than the industry average of 2.29%. Similarly, its trailing-12-month EBITDA margin of 12.19% is 27.3% higher than the industry average of 9.57%.
For the fiscal fourth quarter that ended January 1, 2024, TTMI's net sales stood at $569.04 million, and its non-GAAP operating income increased 2.5% from the year-ago quarter to $61.04 million. In addition, its adjusted EBITDA stood at $80.87 million.
For the same quarter, its non-GAAP net income increased marginally year-over-year to $42.97 million, while non-GAAP earnings per share stood at $0.41.
Analysts expect TTMI's revenue and EPS for the quarter ending June 30, 2024, to increase 5.5% and 9.4% year-over-year to $576.43 million and $0.35, respectively. The company surpassed consensus EPS estimates in three of the trailing four quarters, which is impressive.
The stock has gained 23.3% over the past six months to close the last trading session at $14.59.
TTMI's POWR Ratings reflect its positive prospects. It has an overall B rating, equating to Buy in our proprietary rating system.
TTMI has an A grade for Momentum and Sentiment and a B for Growth. Within the <a href="https://stocknews.com/category/technology-electronics/">Technology - Electronics</a> industry, it is ranked #3 out of 42 stocks. To see the additional POWR Ratings of TTMI for Value, Stability, and Quality, <a href="https://stocknews.com/stock/TTMI/">click here</a>.
Universal Electronics Inc. (<a href="https://stocknews.com/stock/UEIC/">UEIC</a>)
UEIC designs, develops, manufactures, ships, and supports control and sensor technology solutions in the U.S., the People's Republic of China, the rest of Asia, Europe, Latin America, and internationally.
On January 11, UEIC announced the release of its latest QuickSet solution, expanding content discovery, control, and interaction across millions of devices and households.
The newest release of QuickSet expanded functionality for entertainment and whole-home audio use cases to provide deeper device and content history across an ever-increasing landscape of devices and services at home.
UEIC's trailing-12-month levered FCF margin of 8.06% is 49.7% higher than the industry average of 5.38%.
UEIC's net sales and adjusted gross profit for the fiscal fourth quarter that ended December 31, 2023, stood at $97.59 million and $29.47 million, respectively. For the same quarter, its adjusted net income and earnings per share stood at $918 thousand and $0.07, respectively.
As of December 31, 2023, UEIC's total current liabilities amounted to $161.15 million, compared to $216.47 million as of December 31, 2022.
For the quarter ending September 30, 2024, UEIC's revenue and EPS are expected to increase 3.6% and 237.5% year-over-year to $110.92 million and $0.27, respectively. The company surpassed consensus EPS estimates in each of the trailing four quarters.
The stock has gained 18.2% over the past six months, closing the last trading session at $9.74.
UEIC's POWR Ratings reflect this promising outlook. It has an overall rating of B, equating to Buy in our proprietary rating system.
UEIC has a B grade for Value and Sentiment. Within the Technology - Electronics industry, it is ranked #4. To see UEIC's Growth, Momentum, Stability, and Quality ratings, <a href="https://stocknews.com/stock/UEIC/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
CAJPY shares were unchanged in premarket trading Wednesday. Year-to-date, CAJPY has gained 12.23%, versus a 6.79% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Neha Panjwani</h2> <img src='https:/wp-content/uploads/2024/01/Neha-Panjwani_Headshot-1.jpeg' style="float:left; padding:5px;width:125px;">From her school days, Neha harbored a profound fascination for finance, a passion that steered her toward a career as an investment analyst following the completion of her bachelor's degree in commerce. Currently enrolled in the CFA program, Neha is dedicated to further enriching her comprehension of investment fundamentals.

Neha's primary objective is to aid retail investors in discerning optimal investment opportunities by diligently evaluating crucial aspects of financial instruments, with a primary focus on stocks and ETFs. Her commitment lies in empowering individuals to make informed and strategic investment decisions in the dynamic world of finance.<a href="https://stocknews.com/authors/?author=neha-panjwani">More...</a>The post <a href=https://stocknews.com/news/cajpy-ttmi-ueic-3-tech-stocks-to-buy-now-outperforming-market/>3 Tech Stocks to Buy NOW Outperforming Market</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks to Buy NOW Outperforming Market

Growing investments in digitization and the adoption of newer technologies are boosting the growth prospects of the technology industry. Therefore, quality tech stocks Canon (CAJPY), TTM Technologies (TTMI), and Universal Electronics (UEIC) could be solid buys now. Read on... The tech sector is expanding and poised for significant growth owing to increased spending on cloud, cybersecurity, software, and IT services. The industry's growth will be driven by continuous innovations in artificial intelligence (AI) and the integration of emerging technologies, promising a bright future for potential investors.
Against this backdrop, investors could consider buying fundamentally robust tech stocks such as Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>), TTM Technologies, Inc. (<a href="https://stocknews.com/stock/TTMI/">TTMI</a>), and Universal Electronics Inc. (<a href="https://stocknews.com/stock/UEIC/">UEIC</a>). Before diving deeper into the fundamentals of these stocks, let's first understand what's shaping the industry's prospects.
According to Gartner, worldwide IT spending is expected to total $5.06 trillion this year, rising <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">8% year-over-year</a>. This is higher than its previous forecast of 6.8% and puts worldwide IT spending on track to surpass $8 trillion before the end of the decade.
An uptick in demand for AI-friendly or IoT-enabled devices such as laptops, tablets, and handhelds are significantly boosting the need for critical electronic components. As consumer spending on technology products and services grows, the demand for advanced electronics will increase. The global electronics market is projected to grow at a <a href="https://www.precedenceresearch.com/electronic-components-market">CAGR of 6.8%</a> to reach $368.40 billion by 2032.
With the rise of new technologies like 5G, the Internet of Things, edge computing, quantum computing, artificial intelligence, etc., the demand for sophisticated hardware to support their highly complex processing needs is growing. The IT Hardware Market is anticipated to hit $191.03 billion by 2029, growing at a <a href="https://www.mordorintelligence.com/industry-reports/global-it-hardware-market">7.9% CAGR</a>.
Considering these conducive trends, let's examine the fundamentals of the three featured tech stocks.
Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>)
Headquartered in Tokyo, Japan, CAJPY manufactures and sells office multifunction devices (MFDs), laser and inkjet printers, cameras, medical equipment, and lithography equipment worldwide. The company operates through the Printing Business Unit, Imaging Business Unit, Medical Business Unit, Industrial Business Unit, and Others segments.
CAJPY's trailing-12-month asset turnover ratio of 0.80x is 29.3% higher than the industry average of 0.62x. Its trailing-12-month ROTC and <a href="https://www.investopedia.com/terms/r/return_on_total_assets.asp">ROTA</a> of 6.12% and 4.88% are 151% and 226.9% higher than the industry averages of 2.44% and 1.49%, respectively.
CAJPY's net sales and gross profit for the fiscal first quarter that ended March 31, 2024, increased 1.8% and 5.4% year-over-year to ¥988.52 billion ($6.39 billion) and ¥478.44 billion ($3.09 billion), respectively.
For the same quarter, its income before income taxes and net income attributable to CAJPY stood at ¥89.22 billion ($576.41 million) and ¥59.95 billion ($387.30 million), up 1.9% and 6.3% from the prior-year quarter, respectively.
Street expects CAJPY's revenue for the year ending December 31, 2024, to increase 147.1% year-over-year to $27.92 billion. Over the past year, the stock has gained 28.8% to close the last trading session at $28.73.
CAJPY's robust prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall B rating, equating to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
It has an A grade for Momentum and a B for Value, Stability, and Quality. It is ranked #7 out of 37 stocks in the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry. <a href="https://stocknews.com/stock/CAJPY/">Click here</a> to see the additional POWR Ratings for CAJPY (Growth and Sentiment).
TTM Technologies, Inc. (<a href="https://stocknews.com/stock/TTMI/">TTMI</a>)
TTMI manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments: PCB and RF&amp;S Components.
TTMI's trailing-12-month CAPEX / Sales of 7.18% is 212.9% higher than the industry average of 2.29%. Similarly, its trailing-12-month EBITDA margin of 12.19% is 27.3% higher than the industry average of 9.57%.
For the fiscal fourth quarter that ended January 1, 2024, TTMI's net sales stood at $569.04 million, and its non-GAAP operating income increased 2.5% from the year-ago quarter to $61.04 million. In addition, its adjusted EBITDA stood at $80.87 million.
For the same quarter, its non-GAAP net income increased marginally year-over-year to $42.97 million, while non-GAAP earnings per share stood at $0.41.
Analysts expect TTMI's revenue and EPS for the quarter ending June 30, 2024, to increase 5.5% and 9.4% year-over-year to $576.43 million and $0.35, respectively. The company surpassed consensus EPS estimates in three of the trailing four quarters, which is impressive.
The stock has gained 23.3% over the past six months to close the last trading session at $14.59.
TTMI's POWR Ratings reflect its positive prospects. It has an overall B rating, equating to Buy in our proprietary rating system.
TTMI has an A grade for Momentum and Sentiment and a B for Growth. Within the <a href="https://stocknews.com/category/technology-electronics/">Technology - Electronics</a> industry, it is ranked #3 out of 42 stocks. To see the additional POWR Ratings of TTMI for Value, Stability, and Quality, <a href="https://stocknews.com/stock/TTMI/">click here</a>.
Universal Electronics Inc. (<a href="https://stocknews.com/stock/UEIC/">UEIC</a>)
UEIC designs, develops, manufactures, ships, and supports control and sensor technology solutions in the U.S., the People's Republic of China, the rest of Asia, Europe, Latin America, and internationally.
On January 11, UEIC announced the release of its latest QuickSet solution, expanding content discovery, control, and interaction across millions of devices and households.
The newest release of QuickSet expanded functionality for entertainment and whole-home audio use cases to provide deeper device and content history across an ever-increasing landscape of devices and services at home.
UEIC's trailing-12-month levered FCF margin of 8.06% is 49.7% higher than the industry average of 5.38%.
UEIC's net sales and adjusted gross profit for the fiscal fourth quarter that ended December 31, 2023, stood at $97.59 million and $29.47 million, respectively. For the same quarter, its adjusted net income and earnings per share stood at $918 thousand and $0.07, respectively.
As of December 31, 2023, UEIC's total current liabilities amounted to $161.15 million, compared to $216.47 million as of December 31, 2022.
For the quarter ending September 30, 2024, UEIC's revenue and EPS are expected to increase 3.6% and 237.5% year-over-year to $110.92 million and $0.27, respectively. The company surpassed consensus EPS estimates in each of the trailing four quarters.
The stock has gained 18.2% over the past six months, closing the last trading session at $9.74.
UEIC's POWR Ratings reflect this promising outlook. It has an overall rating of B, equating to Buy in our proprietary rating system.
UEIC has a B grade for Value and Sentiment. Within the Technology - Electronics industry, it is ranked #4. To see UEIC's Growth, Momentum, Stability, and Quality ratings, <a href="https://stocknews.com/stock/UEIC/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
CAJPY shares were unchanged in premarket trading Wednesday. Year-to-date, CAJPY has gained 12.23%, versus a 6.79% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Neha Panjwani</h2> <img src='https:/wp-content/uploads/2024/01/Neha-Panjwani_Headshot-1.jpeg' style="float:left; padding:5px;width:125px;">From her school days, Neha harbored a profound fascination for finance, a passion that steered her toward a career as an investment analyst following the completion of her bachelor's degree in commerce. Currently enrolled in the CFA program, Neha is dedicated to further enriching her comprehension of investment fundamentals.

Neha's primary objective is to aid retail investors in discerning optimal investment opportunities by diligently evaluating crucial aspects of financial instruments, with a primary focus on stocks and ETFs. Her commitment lies in empowering individuals to make informed and strategic investment decisions in the dynamic world of finance.<a href="https://stocknews.com/authors/?author=neha-panjwani">More...</a>The post <a href=https://stocknews.com/news/cajpy-ttmi-ueic-3-tech-stocks-to-buy-now-outperforming-market/>3 Tech Stocks to Buy NOW Outperforming Market Expectations</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks to Buy NOW Outperforming Market Expectations

Growing digitization trends and the adoption of emerging technologies are driving up demand for advanced hardware. Therefore, investors could consider buying fundamentally strong tech stocks such as Canon (CAJPY), Lantronix (LTRX), and AstroNova (ALOT), as they are well-positioned to continue their momentum. Read on... Driven by the growing use of emerging technologies, businesses invest in cutting-edge hardware solutions to stay efficient and competitive in today's digital age.
Therefore, investors could consider buying fundamentally strong tech stocks such as Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>), Lantronix, Inc. (<a href="https://stocknews.com/stock/LTRX/">LTRX</a>), and AstroNova, Inc. (<a href="https://stocknews.com/stock/ALOT/">ALOT</a>). These stocks have been showing strong momentum lately and will likely maintain the same in the near term. Before exploring the fundamentals of these stocks, let's discuss why the tech industry is well-positioned for growth.
The technology industry continually evolves, demanding innovative hardware solutions to ensure seamless software applications. Gartner expects worldwide IT spending to rise <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">8% year-over-year</a> to $5.06 trillion in 2024. Spending on devices is expected to increase by 3.6% year-over-year to $687.94 billion this year.
Additionally, cutting-edge hardware is highly demanded to assure software performance and manage data-intensive tasks. This need has resulted in technological breakthroughs such as faster processors, larger storage capacities, and enhanced networking capabilities. The IT hardware market is projected to grow at a <a href="https://www.mordorintelligence.com/industry-reports/global-it-hardware-market">CAGR of 7.9%</a> to reach $191.03 billion by 2029.
Investors' interest in tech stocks is evident from the iShares Expanded Tech Sector ETF's (<a href="https://stocknews.com/stock/IGM/">IGM</a>) 48.7% returns over the past year.
Considering these conducive trends, let's examine the fundamentals of the three best <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> stocks, starting with the third choice.
Stock #3: Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>)
Headquartered in Tokyo, Japan, CAJPY is a multinational company specializing in a diverse range of products, including office multifunction devices, printers, cameras, medical equipment, and lithography equipment. It operates through several business units, including Printing, Imaging, Medical, Industrial, and others.
In terms of the trailing-12-month net income margin, CAJPY's 6.38% is 137.3% higher than the 2.69% industry average. Likewise, its 8.16% trailing-12-month Return on Common Equity is 157.8% higher than the 3.17% industry average. Additionally, its 4.67% trailing-12-month <a href="https://www.investopedia.com/terms/r/return_on_total_assets.asp">Return on Total Assets</a> is 245.2% higher than the industry average of 1.35%.
For the fiscal first quarter, which ended March 31, 2024, CAJPY's net sales increased marginally from the previous year's quarter to ¥988.52 billion ($6.35 billion). The company's net income and earnings per share grew 6.3% and 9.3% from a year-ago quarter to ¥59.95 billion ($385.23 million) and ¥60.67, respectively.
As of March 31, 2024, the company's total assets amounted to ¥5.74 trillion ($36.89 billion), compared to ¥5.42 trillion ($34.81 billion) as of December 31, 2023.
CAJPY's fiscal 2024 revenue is expected to increase 146.3% year-over-year to $27.83 billion. Over the past year, the stock has gained 25.1% to close the last trading session at $27.66.
CAJPY's stock is trading above its 100-day and 200-day moving averages of $27.54 and $26.16, respectively, indicating an uptrend.
CAJPY's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
CAJPY has an A grade for Momentum and a B for Value, Stability, and Quality. Within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry, it is ranked #7 out of 37 stocks. To see CAJPY's Growth and Sentiment ratings, <a href="https://stocknews.com/stock/CAJPY/">click here</a>.
Stock #2: Lantronix, Inc. (<a href="https://stocknews.com/stock/LTRX/">LTRX</a>)
LTRX offers solutions for video surveillance, infotainment systems, and intelligent substations infrastructure internationally. The company's IoT products include IoT System Solutions, Embedded IoT Modules, and Software and Engineering Services. It also offers telematics devices, which provide power-efficient products.
LTRX's trailing-12-month levered FCF margin of 16.80% is 78.7% higher than the industry average of 9.40%. Its trailing-12-month asset turnover ratio of 0.92x is 50.5% higher than the industry average of 0.61x.
During the fiscal second quarter ended on December 31, 2023, LTRX's net revenue increased 17.5% year-over-year to $37.04 million. Its gross profit rose 9% from the year-ago value to $15.03 million. In addition, the company's non-GAAP net income amounted to $2.96 million and $0.08, representing increases of 115.4% and 100% year-over-year, respectively.
Analysts expect LTRX's revenue and EPS for the quarter ended March 31, 2024, to increase 22% and 63.3% year-over-year to $40.22 million and $0.10, respectively. Over the past month, the stock has declined 9% to close the last trading session at $3.23.
It's no surprise that LTRX has an overall A rating, equating to a Strong Buy in our POWR Ratings system.
It has an A grade for Growth and Momentum and a B for Value, Sentiment, and Quality. It is ranked #3 in the same industry. Beyond what is stated above, we've also rated LTRX for Stability. Get all LTRX ratings <a href="https://stocknews.com/stock/LTRX/">here</a>.
Stock #1: AstroNova, Inc. (<a href="https://stocknews.com/stock/ALOT/">ALOT</a>)
ALOT designs, develops, manufactures, and distributes specialty printers alongside data acquisition and analysis systems internationally. The company operates through two segments: Product Identification (PI) and Test &amp; Measurement (T&amp;M). It offers its products under the QuickLabel, TrojanLabel, and GetLabels brands.
In terms of the trailing-12-month Return on Total Assets, ALOT's 3.52% is 160.5% higher than the 1.35% industry average. Likewise, its 6.24% trailing-12-month Return on Total Capital is 174.8% higher than the 2.27% industry average. Also, its 10.56% trailing-12-month EBITDA margin is 10.2% higher than the 9.58% industry average.
ALOT's net revenue for the fourth quarter, which ended January 31, 2024, came in at $39.59 million. Its non-GAAP gross profit grew 6.9% year-over-year to $14.50 million. The company's non-GAAP operating income of $3.63 million indicates growth of 73.1% from the prior year's quarter.
Furthermore, the company's non-GAAP net income and non-GAAP EPS came in at $2.49 million and $0.33, up 82.8% and 83.3% year-over-year, respectively. Its adjusted EBITDA increased 40.5% year-over-year to $5.52 million.
Over the past six months, the stock has gained 42.4% to close the last trading session at $17.44. ALOT's stock is trading above its 50-day and 200-day moving averages of $17.42 and $15.31, respectively, indicating an uptrend.
ALOT's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
It has a B grade for Growth, Value, Stability, and Sentiment. It is ranked first in the B-rated Technology – Hardware industry. <a href="https://stocknews.com/stock/ALOT/">Click here</a> to see ALOT's Momentum and Quality ratings.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
CAJPY shares were trading at $26.04 per share on Thursday morning, down $1.62 (-5.86%). Year-to-date, CAJPY has gained 1.72%, versus a 5.43% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rashmi Kumari</h2> <img src='https:/wp-content/uploads/2022/10/Rashmi-Kumari_headshot_2-1.jpg' style="float:left; padding:5px;width:125px;">Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master's degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.<a href="https://stocknews.com/authors/?author=rashmi-kumari">More...</a>The post <a href=https://stocknews.com/news/cajpy-alot-ltrx-3-tech-stocks-lighting-up-wall-street-with-bullish-momentum/>3 Tech Stocks Lighting up Wall Street With Bullish Momentum</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks Lighting up Wall Street With Bullish Momentum

Extreme UV Is The Future For Chips, ASML Holding Has A Monopoly

The technology hardware market is experiencing significant growth thanks to growing IT spending, the adoption of new cutting-edge technologies, and increasing reliance on digital technologies. Therefore, investors could consider buying quality tech stocks Nidec (NJDCY), Lenovo Group (LNVGY), and Canon (CAJPY) for solid gains. Read on... The tech industry's growth is driven by the digitization of various sectors and the ever-rising dependence on digital solutions. These factors have been a significant growth driver for advanced hardware solutions. With the adoption of newer, more advanced technologies and workloads becoming heavier, the demand for cutting-edge hardware is expected to grow significantly.
Against this backdrop, investors could consider buying fundamentally strong tech stocks such as Nidec Corporation (<a href="https://stocknews.com/stock/NJDCY/">NJDCY</a>), Lenovo Group Limited (<a href="https://stocknews.com/stock/LNVGY/">LNVGY</a>), and Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>) to satisfy their thirst for gains. Before diving deeper into the fundamentals of these stocks, let's first understand what's shaping the tech industry's prospects.
Gartner's recent forecast predicts global IT spending to reach $5.06 trillion in 2024, representing an <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">8% uptick</a> from the previous year. This new estimate is higher than its earlier estimate of 6.8%. The forecast suggests that worldwide IT spending is on track to exceed $8 trillion well before the end of the decade. Gartner expects device spending to rise 3.6% year-over-year to $687.94 billion.
Businesses belonging to various sectors have started digitizing their operations to enhance delivery and improve efficiency, thereby contributing to the growth of the IT hardware market.
With GenAI's immense popularity and potential, individuals and businesses want to employ it in daily operations. To train large language models (LLMs), one requires considerable computational resources for training and inference, thus driving the demand for high-performance hardware, such as CPUs, GPUs, etc.
Moreover, the evolution of new technologies like 5G, the Internet of Things, and edge computing has fueled the demand for cutting-edge hardware to support their highly complex processing needs.
Furthermore, the demand for new hardware devices has increased rapidly, owing to the declining average lifespan of devices and new features in hardware tools that encourage consumers to stay updated with the ongoing trends. The IT Hardware Market is projected to reach $191.03 billion by 2029, growing at a <a href="https://www.mordorintelligence.com/industry-reports/global-it-hardware-market">7.9% CAGR</a>.
Considering these conducive trends, let's examine the fundamentals of the three featured <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> stocks, beginning with the third choice.
Stock #3: Nidec Corporation (<a href="https://stocknews.com/stock/NJDCY/">NJDCY</a>)
Headquartered in Kyoto, Japan, NJDCY develops, manufactures, and sells motors, electronics and, optical components, and other related products in Japan and internationally.
In terms of forward EV/Sales, NJDCY is trading at 1.77x, 1.2% lower than the industry average of 1.79x. The stock's trailing-12-month <a href="https://www.investopedia.com/terms/p/price-to-bookratio.asp">Price/Book</a> of 2.44x is 11.6% lower than the industry average of 2.76x.
NJDCY's net sales and gross profit for the fiscal year that ended March 31, 2024, increased 4.7% and 20.4% over the prior-year quarter to ¥2.35 trillion ($15.20 billion) and ¥497.61 billion ($3.22 billion), respectively.
For the same year, its profit attributable to owners of the parent and earnings per share attributable to owners of the parent stood at ¥125.39 billion ($811.54 million) and ¥218.22, up 178.9% and 179.3% year-over-year, respectively.
For the quarter ending September 30, 2024, NJDCY's revenue is expected to increase 1.3% year-over-year to $4.03 billion. Its EPS for fiscal 2025 is expected to increase 62.2% year-over-year to $0.57. It surpassed consensus revenue estimates in each of the trailing four quarters. The stock has gained 24.3% over the past three months to close the last trading session at $11.49.
NJDCY's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its positive prospects. It has an overall B rating, equating to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
NJDCY has an A grade for Stability and a B for Value and Quality. Within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry, it is ranked #15 out of 37 stocks. <a href="https://stocknews.com/stock/NJDCY/">Click here</a> for the additional POWR Ratings for NJDCY (Growth, Momentum, and Sentiment).
Stock #2: Lenovo Group Limited (<a href="https://stocknews.com/stock/LNVGY/">LNVGY</a>)
Headquartered in Quarry Bay, Hong Kong, LNVGY develops, manufactures, and markets technology products and services. It operates through the segments of Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group.
In terms of forward EV/EBITDA, LNVGY is trading at 5.57x, 63.1% lower than the industry average of 15.10x. The stock's forward Price/Sales of 0.27x is 90.6% lower than the industry average of 2.83x. Similarly, its forward EV/Sales is trading at 0.29x, 89.7% lower than the industry average of 2.84x.
On May 2, 2024, LNVGY launched its new AI-based Cyber Resiliency as a Service (CRaaS), leveraging Lenovo device telemetry and Microsoft security software solutions to offer comprehensive cyber protection, detection, response, and recovery for businesses. This addresses growing security concerns and aids business continuity.
For the fiscal third quarter that ended December 31, 2023, LNVGY's revenue increased 3% year-over-year to $15.72 billion. Its gross profit stood at $2.60 billion. For the same quarter, its non-HKFRS profit attributable to equity shareholders and EPS stood at $357 million and 2.64 cents, respectively.
Analysts expect LNVGY's revenue for the quarter that ended March 31, 2024, to increase 4.2% year-over-year to $13.16 billion. Its EPS for the year ending March 31, 2025, is expected to grow 38.3% year-over-year to $1.94. The company surpassed Street revenue estimates in three of the trailing four quarters. Over the past year, the stock has gained 17.8%, closing the last trading session at $24.04.
LNVGY's POWR Ratings reflect this promising outlook. It has an overall rating of B, equating to Buy in our proprietary rating system.
LNVGY has an A grade for Value and a B for Momentum. It is ranked #14 in the same industry. Beyond what we stated above, we have also given LNVGY grades for Growth, Stability, Sentiment, and Quality. Get all the LNVGY ratings <a href="https://stocknews.com/stock/LNVGY/">here</a>.
Stock #1: Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>)
Headquartered in Tokyo, Japan, CAJPY manufactures and sells office multifunction devices (MFDs), laser and inkjet printers, cameras, medical equipment, and lithography equipment worldwide. The company operates through the Printing Business Unit, Imaging Business Unit, Medical Business Unit, Industrial Business Unit, and Others segments.
In terms of forward EV/Sales, CAJPY is trading at 1.08x, 62.1% lower than the industry average of 2.84x. The stock's forward Price/Sales of 0.97x is 65.8% lower than the industry average of 2.83x. Similarly, its forward EV/EBIT is trading at 8.95x, 57.1% lower than the industry average of 20.84x.
CAJPY's net sales for the fiscal first quarter that ended March 31, 2024, increased 1.8% over the year-ago value to ¥988.52 billion ($6.40 billion). Its gross profit rose 5.4% year-over-year to ¥478.44 billion ($3.10 billion).
Moreover, its net income attributable to CAJPY stood at ¥59.95 billion ($388 million), up 6.3% over the prior-year quarter. Also, its net income attributable to CAJPY shareholders per share grew 9.3% year-over-year to ¥60.67.
Street expects CAJPY's revenue for the quarter ending September 30, 2024, to increase 2% year-over-year to $6.95 billion. CAJPY's stock has gained 17.6% over the past year to close the last trading session at $27.93.
CAJPY's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, equating to Buy in our proprietary rating system.
It has a B grade for Value, Momentum, Stability, and Quality. It is ranked #10 in the Technology - Hardware industry. In total, we rate CAJPY on eight different levels. Too see CAJPY's Growth and Sentiment ratings <a href="https://stocknews.com/stock/CAJPY/">click here</a>.
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CAJPY shares were trading at $27.77 per share on Wednesday morning, down $0.16 (-0.57%). Year-to-date, CAJPY has gained 8.48%, versus a 9.06% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Neha Panjwani</h2> <img src='https:/wp-content/uploads/2024/01/Neha-Panjwani_Headshot-1.jpeg' style="float:left; padding:5px;width:125px;">From her school days, Neha harbored a profound fascination for finance, a passion that steered her toward a career as an investment analyst following the completion of her bachelor's degree in commerce. Currently enrolled in the CFA program, Neha is dedicated to further enriching her comprehension of investment fundamentals.

Neha's primary objective is to aid retail investors in discerning optimal investment opportunities by diligently evaluating crucial aspects of financial instruments, with a primary focus on stocks and ETFs. Her commitment lies in empowering individuals to make informed and strategic investment decisions in the dynamic world of finance.<a href="https://stocknews.com/authors/?author=neha-panjwani">More...</a>The post <a href=https://stocknews.com/news/cajpy-njdcy-lnvgy-3-tech-stocks-to-satisfy-your-thirst-for-gains/>3 Tech Stocks to Satisfy Your Thirst for Gains</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks to Satisfy Your Thirst for Gains

Canon: 'Hold'ing Was The Right Choice

Notable earnings before Thursday's open

Canon GAAP EPS of ¥91.83, revenue of ¥1167.79B; raises FY24 outlook

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Canon

Canon Q4 Sales ¥1.163T Up From ¥1.157T YoY; Net Income ¥80.57B Down From ¥84.84B YoY

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Tuesday, January 30, 2024