Latest News for Helios Towers Stock (OTC:HTWSF)

Helios Towers PLC is a United Kingdom-based company engaged in providing telecommunications towers and infrastructure. The company offers tower-related operational services, including site selection, site preparation, maintenance, security, and power management. The company's geographical operating segment includes Ghana, Tanzania, DRC, Congo Brazzaville, South Africa, Senegal, Madagascar, Malawi and Oman. It generates maximum revenue from the DRC segment. The solutions offered by the company include Colocation, Build-to-suit, In-building solutions, and Managed Services.

Helios Towers PLC

B. Riley Securities analyst Lucas Pipes maintains Bitfarms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BITF#NASDAQ">BITF</a>) with a Buy and lowers the price target from $4 to $3.

News

Price Target

Analyst Ratings

BITF

B. Riley Securities Maintains Buy on Bitfarms, Lowers Price Target to $3

B. Riley Securities analyst David Bain maintains Gambling.com Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAMB#NASDAQ">GAMB</a>) with a Buy and lowers the price target from $14.5 to $13.

GAMB

B. Riley Securities Maintains Buy on Gambling.com Gr, Lowers Price Target to $13

Matador Resources Company&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtdr#NYSE">MTDR</a>) is a leading upstream player, having a strong foothold in prolific oil and natural gas shale and other unconventional plays. The company is likely to see earnings growth in 2024 and 2025.
<h3>What&#39;s Favoring the Stock?</h3>
The price of West Texas Intermediate crude, trading close to $80 per barrel, is highly favorable for exploration and production activities. Handsome crude price is likely to aid MTDR, carrying a Zacks Rank #3 (Hold), in increasing production volumes. For 2024, the company guided its total oil production in the band of 91,000 to 95,000 Bbl/d, suggesting a year-over-year hike of 23%.
On another positive note, Matador plans to turn to sales a net of 103.6 wells this year &mdash; including operated and non-operated wells. Its prime priorities are lowering debt, delivering free cashflows and maintaining or increasing dividends.
Overall, handsome commodity prices and expectations for higher production will likely aid Matador Resources&#39; bottom line.&nbsp;
<h3>Risks</h3>
However, being an upstream energy player, the company&#39;s overall operations are exposed to extreme volatility in oil and natural gas prices. This is reflected in the company&#39;s beta of 3.33.
<h3>Stocks to Consider</h3>
Better-ranked energy companies include Sunoco LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sun#NYSE">SUN</a>), Ultrapar Participacoes SA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>) and Eni SpA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/e#NYSE">E</a>). All the stocks carry a Zacks Rank #2 (Buy).
Sunoco, the leading independent fuel distributor in the United States, has a stable business model and relatively lower exposure to commodity price volatility. This is because the partnership distributes fuel to branded distributors under long-term contracts.&nbsp;
Ultrapar Participacoes has a stable business model banking on its huge network of energy and infrastructure businesses in Brazil. Being a leading distributor of liquefied petroleum gas to residential, commercial, and industrial consumers, Ultrapar may continue to generate stable cashflows.
Eni is leading the energy transition as well. The integrated energy player has been building a full set of decarbonized products and services for clients to achieve carbon neutrality by mid-century. Even though the energy business scenario is challenging, Eni&#39;s efficient exploration keeps it highly competitive.
<a href="https://www.zacks.com/stock/news/2275425/here-s-why-hold-strategy-is-apt-for-matador-mtdr-stock-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2275425">To read this article on Zacks.com click here.</a>

Earnings

Penny Stocks

Commodities

Markets

Trading Ideas

MTDR

Here's Why Hold Strategy is Apt for Matador Stock Now

When it comes to short-term investing or trading, they say &quot;the trend is your friend.&quot; And there&#39;s no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.
Investors looking to make a profit from stocks that are currently on the move may find our &quot;Recent Price Strength&quot; screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
TXO Partners LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/txo#NYSE">TXO</a>) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for &quot;trend&quot; investors.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. TXO is quite a good fit in this regard, gaining 26.5% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 25.6% over the past four weeks ensures that the trend is still in place for the stock of this company.
Moreover, TXO is currently trading at 88.5% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in TXO may not reverse anytime soon.
In addition to TXO, there are several other stocks that currently pass through our &quot;Recent Price Strength&quot; screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past.
<a href="https://www.zacks.com/stock/news/2275235/txo-partners-lp-txo-is-on-the-move-here-s-why-the-trend-could-be-sustainable?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2275235">To read this article on Zacks.com click here.</a>

Small Cap

TXO Partners LP is on the Move, Here's Why the Trend Could be Sustainable

B. Riley Securities analyst Liam Burke maintains Okeanis Eco Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECO#NYSE">ECO</a>) with a Buy and raises the price target from $38 to $44.

B. Riley Securities Maintains Buy on Okeanis Eco Tankers, Raises Price Target to $44

WIIM

VinFast shares are trading higher. The company recently received 27,649 pre orders for the VF 3 in Vietnam after 66 hours of accepting deposits.

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- &quot;buy low and sell high.&quot; Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by &quot;buying high and selling higher.&quot;
Everyone likes betting on fast-moving trending stocks, but it isn&#39;t easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.
It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score, which pays close attention to trends in a stock&#39;s price or earnings, is pretty useful in identifying great momentum stocks, our &#39;Fast-Paced Momentum at a Bargain&#39; screen comes handy in spotting fast-moving stocks that are still attractively priced.
There are several stocks that currently pass through the screen and Fluent (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/flnt#NASDAQ">FLNT</a>) is one of them. Here are the key reasons why this stock is a great candidate.
Investors&#39; growing interest in a stock is reflected in its recent price increase. A price change of 36.4% over the past four weeks positions the stock of this data and analytics company well in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. FLNT meets this criterion too, as the stock gained 16.2% over the past 12 weeks.
Moreover, the momentum for FLNT is fast paced, as the stock currently has a beta of 2.37. This indicates that the stock moves 137% higher than the market in either direction.
Given this price performance, it is no surprise that FLNT has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped FLNT earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That&#39;s because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up.
Most importantly, despite possessing fast-paced momentum features, FLNT is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. FLNT is currently trading at 0.16 times its sales. In other words, investors need to pay only 16 cents for each dollar of sales.
So, FLNT appears to have plenty of room to run, and that too at a fast pace.
In addition to FLNT, there are several other stocks that currently pass through our &#39;Fast-Paced Momentum at a Bargain&#39; screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past.
<a href="https://www.zacks.com/stock/news/2275230/fluent-flnt-shows-fast-paced-momentum-but-is-still-a-bargain-stock?cid=CS-BENZ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2275230">To read this article on Zacks.com click here.</a>

FLNT

Fluent Shows Fast-Paced Momentum But Is Still a Bargain Stock

B. Riley Securities analyst Craig Kucera maintains BRT Apartments (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRT#NYSE">BRT</a>) with a Buy and raises the price target from $19.5 to $20.5.

B. Riley Securities Maintains Buy on BRT Apartments, Raises Price Target to $20.5

COIN

Coinbase shares are trading higher after B of A Securities upgraded the stock from Underperform to Neutral and raised its price target from $110 to $217.

Nvidia Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stock is trading lower amid reports of&nbsp;Microsoft Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) eying&nbsp;Advanced Micro Devices, Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) artificial intelligence chips for its&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/05/38896126/whats-going-on-with-amd-stock-friday" rel="noreferrer noopener">cloud computing clients</a>.
Microsoft&#8217;s move reflects the acute supply crisis Nvidia is undergoing for its most sought-after H100 GPUs.&nbsp;
Analysts identified <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38878773/nvidia-set-for-major-growth-with-increased-data-center-spending-and-expanding-ai-de" target="_blank" rel="noreferrer noopener">several growth catalysts</a> for Nvidia, noting robust demand across its product range, particularly for high bandwidth memory (HBM), high-capacity SSDs, and Hopper GPUs, primarily associated with enterprise AI and cloud SSD demand. 
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/05/38842073/nvidias-market-value-nears-2-3t-boosting-ceos-pay-and-employee-salaries" rel="noreferrer noopener">Nvidia&#8217;s Market Value Nears $2.3T, Boosting CEO&#8217;s Pay and Employee&nbsp;Salaries</a>
They have observed production capacity dedicated to Nvidia parts was projected to grow by over 100% from the fourth quarter of 2023 to the fourth quarter of 2024.
Hyperscale data center operators are significantly increasing their capital expenditures, particularly on AI, which constituted nearly two-thirds of Nvidia&#8217;s demand. This increased spending was seen as a significant driver for Nvidia&#8217;s growth. There has also been reported a rising demand for Nvidia&#8217;s products in China.
Analysts continued to see strong demand for Nvidia&#8217;s data center products and predicted another quarter of exceeding performance expectations. Kumar noted demand for the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38854520/nvidias-new-blackwell-gpus-expected-to-boost-future-revenues-analyst-forecasts" target="_blank" rel="noreferrer noopener">Blackwell GPU series</a> was set to be robust across Nvidia&#8217;s data center customer base. 
Investors can gain exposure to Nvidia stock via&nbsp;EA Series Trust Strive U.S. Semiconductor ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOC#NYSE">SHOC</a>) and&nbsp;VanEck Semiconductor ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>).
NVDA Price Action: Nvidia shares traded lower by 1.27% at $931.56 at last check Friday.
Also Read: <a href="https://www.benzinga.com/news/24/05/38892874/nvidia-faces-new-competition-as-qualcomm-and-ampere-launch-ai-focused-server" target="_blank" rel="noreferrer noopener">Nvidia Faces New Competition as Qualcomm and Ampere Launch AI-Focused Server</a>
Photo: Shutterstock

Tech

MSFT

NVDA

EA Series Trust Strive U.S. Semiconductor ETF

SHOC

What's Going On With Nvidia Stock Friday?

B. Riley Securities analyst Craig Ellis maintains Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) with a Buy and raises the price target from $250 to $255.

AMAT

B. Riley Securities Maintains Buy on Applied Mat, Raises Price Target to $255

BTTR

Better Choice Co Q1 EPS $(3.60) Up From $(5.03) YoY, Sales $7.90M Down From $9.24M YoY

AUTL

Autolus Therapeutics shares are trading higher. The company reported Q1 financial results.

Momentum investors typically don&#39;t time the market or &quot;buy low and sell high.&quot; In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that &quot;buying high and selling higher&quot; is the way to make far more money in lesser time.
Who doesn&#39;t like betting on fast-moving trending stocks? But determining the right entry point isn&#39;t easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score helps identify great momentum stocks by paying close attention to trends in a stock&#39;s price or earnings, our &#39;Fast-Paced Momentum at a Bargain&#39; screen comes handy in spotting fast-moving stocks that are still attractively priced.
Americas Gold and Silver Corporation (AMEX:USAS) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:
Investors&#39; growing interest in a stock is reflected in its recent price increase. A price change of 21.2% over the past four weeks positions the stock of this company well in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. USAS meets this criterion too, as the stock gained 53.4% over the past 12 weeks.
Moreover, the momentum for USAS is fast paced, as the stock currently has a beta of 1.26. This indicates that the stock moves 26% higher than the market in either direction.
Given this price performance, it is no surprise that USAS has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped USAS earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That&#39;s because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up.
Most importantly, despite possessing fast-paced momentum features, USAS is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. USAS is currently trading at 0.91 times its sales. In other words, investors need to pay only 91 cents for each dollar of sales.
So, USAS appears to have plenty of room to run, and that too at a fast pace.
In addition to USAS, there are several other stocks that currently pass through our &#39;Fast-Paced Momentum at a Bargain&#39; screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past.
<a href="https://www.zacks.com/stock/news/2275229/fast-paced-momentum-stock-americas-gold-and-silver-usas-is-still-trading-at-a-bargain?cid=CS-BENZ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2275229">To read this article on Zacks.com click here.</a>

USAS

Fast-Paced Momentum Stock Americas Gold and Silver Is Still Trading at a Bargain

B. Riley Securities analyst Craig Ellis maintains FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) with a Buy and raises the price target from $54 to $65.

FORM

B. Riley Securities Maintains Buy on FormFactor, Raises Price Target to $65

B. Riley Securities analyst Craig Kennison maintains Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Buy and raises the price target from $43 to $50.

SMTC

B. Riley Securities Maintains Buy on Semtech, Raises Price Target to $50

Chevron&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvx#NYSE">CVX</a>) proposed $53 billion buyout of Hess Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hes#NYSE">HES</a>) has encountered significant turbulence stemming from legal disputes and shareholder advisory disagreements. The acquisition, which would grant Chevron a substantial stake in the lucrative Stabroek Block offshore Guyana, is mired in uncertainty due to ExxonMobil&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xom#NYSE">XOM</a>) claims and mixed advisory opinions.
Let&#39;s delve into the complexities surrounding the deal and assess its prospects.
<h3>Conflicting Stance by Investor Advisories</h3>
Institutional Shareholder Services (&lsquo;ISS&#39;) has recommended that Hess shareholders abstain from voting, citing the unresolved arbitration initiated by ExxonMobil over its right of first refusal (&quot;ROFR&quot;) on Hess&#39; Guyanese assets. ISS argues that shareholders cannot make an informed decision without knowing the arbitration outcome, which could be dragged till 2025.
Notably, HBK Capital Management, a major Hess shareholder, is also looking to refrain from voting, aligning with ISS&#39; recommendation. HBK argues that HES shareholders bear the arbitration risk and should be compensated accordingly.
On the other hand, Glass Lewis advises shareholders to support the deal, emphasizing the strategic and financial benefits of merging with Chevron. Glass Lewis contends that the merger offers a reasonable valuation and potential upside for Hess shareholders despite the arbitration uncertainty.
<h3>The ExxonMobil Factor</h3>
ExxonMobil&#39;s involvement adds a significant layer of complexity. XOM, which operates the Stabroek Block and owns a 45% stake, claims it has a ROFR on Hess&#39; 30% stake. ExxonMobil&#39;s CEO, Darren Woods, has highlighted that the arbitration could extend to 2025, suggesting a prolonged period of uncertainty.
ExxonMobil&#39;s challenge is based on a joint operating agreement (&quot;JOA&quot;) that purportedly grants it pre-emption rights if Hess&#39; stake changes hands. However, Chevron and Hess argue that the structure of their corporate merger does not trigger these rights. The arbitration will ultimately hinge on the precise wording and interpretation of the JOA, which remains confidential.
<h3>Political and Regulatory Hurdles</h3>
The deal also faces scrutiny from political figures and regulatory bodies. U.S. Senate Majority Leader Chuck Schumer has urged the Federal Trade Commission (&quot;FTC&quot;) to block the acquisition, citing concerns that it could lead to higher gasoline prices for consumers. Schumer&#39;s intervention reflects broader political resistance to consolidation among major oil companies, which could influence the regulatory review process.
<h3>Will the Deal Go Through?</h3>
The outcome of Chevron&#39;s bid for HES hinges on several unpredictable factors. The main problem is the Zacks Rank #3 (Hold) company&#39;s legal dispute with ExxonMobil, which could either delay or completely stop the merger.
Additionally, conflicting advice from two advisory firms, ISS and Glass Lewis, is confusing shareholders as they prepare to vote on May 28. Political and regulatory challenges also add to the uncertainty, especially with possible actions from the FTC. Although Glass Lewis supports the merger, the legal and regulatory obstacles cannot be ignored.
Given the current situation, the fate of the Chevron-Hess deal hangs in the balance, depending largely on the legal interpretations and regulatory decisions that lie ahead.
<a href="https://www.zacks.com/stock/news/2275451/is-chevron-s-cvx-53b-acquisition-of-hess-in-jeopardy?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2275451">To read this article on Zacks.com click here.</a>

Legal

Is Chevron's $53B Acquisition of Hess in Jeopardy?

HSCS

Heart Test Laboratories shares are trading lower after the company's 1-for-100 reverse stock split began trading on a split-adjusted basis.

HubSpot (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hubs#NYSE">HUBS</a>) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock&#39;s performance in the near term.
Over the past month, shares of this cloud-based marketing and sales software platform have returned -6%, compared to the Zacks S&amp;P 500 composite&#39;s +5% change. During this period, the Zacks Internet - Software industry, which HubSpot falls in, has lost 0.1%. The key question now is: What could be the stock&#39;s future direction?
Although media reports or rumors about a significant change in a company&#39;s business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate Revisions
Here at Zacks, we prioritize appraising the change in the projection of a company&#39;s future earnings over anything else. That&#39;s because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock&#39;s fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, HubSpot is expected to post earnings of $1.63 per share, indicating a change of +21.6% from the year-ago quarter. The Zacks Consensus Estimate has changed -16.8% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $7.34 points to a change of +24.6% from the prior year. Over the last 30 days, this estimate has changed +42.8%.
For the next fiscal year, the consensus earnings estimate of $8.57 indicates a change of +16.8% from what HubSpot is expected to report a year ago. Over the past month, the estimate has changed +5%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock&#39;s near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for HubSpot.
The chart below shows the evolution of the company&#39;s forward 12-month consensus EPS estimate:
12 Month EPS
<img alt="12-month consensus EPS estimate for HUBS _12MonthEPSChartUrl" class="chart" src="https://chart-service.zacks.com/images/weekly/yesop_12_month_eps/HUBS.png" style="height:auto; width:100%" title="" />
Revenue Growth Forecast
While earnings growth is arguably the most superior indicator of a company&#39;s financial health, nothing happens as such if a business isn&#39;t able to grow its revenues. After all, it&#39;s nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it&#39;s important to know a company&#39;s potential revenue growth.
In the case of HubSpot, the consensus sales estimate of $618.14 million for the current quarter points to a year-over-year change of +16.8%. The $2.56 billion and $3.01 billion estimates for the current and next fiscal years indicate changes of +17.8% and +17.7%, respectively.
Last Reported Results and Surprise History
HubSpot reported revenues of $617.41 million in the last reported quarter, representing a year-over-year change of +23.1%. EPS of $1.68 for the same period compares with $1.20 a year ago.
Compared to the Zacks Consensus Estimate of $597.12 million, the reported revenues represent a surprise of +3.4%. The EPS surprise was +12.75%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
Valuation
Without considering a stock&#39;s valuation, no investment decision can be efficient. In predicting a stock&#39;s future price performance, it&#39;s crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company&#39;s growth prospects.
Comparing the current value of a company&#39;s valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
HubSpot is graded F on this front, indicating that it is trading at a premium to its peers.
Conclusion
The facts discussed here and much other information on Zacks might help determine whether or not it&#39;s worthwhile paying attention to the market buzz about HubSpot. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
<a href="https://www.zacks.com/stock/news/2275277/investors-heavily-search-hubspot-inc-hubs-here-is-what-you-need-to-know?cid=CS-BENZ-FT-tale_of_the_tape|most_searched_stocks_-_v1-2275277">To read this article on Zacks.com click here.</a>

HUBS

Investors Heavily Search HubSpot, Inc.: Here is What You Need to Know

B. Riley Securities analyst Naved Khan maintains Despegar.com (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DESP#NYSE">DESP</a>) with a Buy and raises the price target from $16 to $19.

DESP

B. Riley Securities Maintains Buy on Despegar.com, Raises Price Target to $19

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on IHS Holding (IHS – Research Report) an...

Analysts Conflicted on These Communication Services Names: IHS Holding (IHS) and Helios Towers (OtherHTWSF)

Helios Towers: Too Cheap At 11-12% FCF Yield, Despite Africa Discount

Helios Towers Plc (GB:HTWS) has released an update. Helios Towers plc, a prominent independent telecommunications infrastructure company, will rele...

Helios Towers Announces Q1 2024 Results Date

Helios Towers Plc (GB:HTWS) has released an update. Helios Towers Plc has announced that all proposed resolutions at the 2024 Annual General Meetin...

Helios Towers Shareholders Approve All AGM Resolutions

In a report released today, Graham Hunt from Jefferies maintained a Buy rating on Helios Towers (HTWSF – Research Report), with a price target of p...

Jefferies Remains a Buy on Helios Towers (HTWSF)

Helios Towers Plc (GB:HTWS) has released an update. Helios Towers Plc has announced the conditional award of nil-cost options to receive shares at ...

Helios Towers Executives Awarded Share Options

Helios Towers Plc (GB:HTWS) has released an update. Helios Towers PLC has announced a board reshuffle with Helis Zulijani-Boye stepping down as Non...

Helios Towers Welcomes New Board Member

Helios Towers Plc (GB:HTWS) has released an update. Helios Towers Plc has reported robust financial results for the first quarter of 2024 with a 21...

Helios Towers Announces Strong Q1 Growth

Jefferies analyst Graham Hunt maintained a Buy rating on Helios Towers (HTWSF – Research Report) today and set a price target of p158.00. The compa...