Stock splits are typically implemented by companies seeking to lower their share prices and make their stock more accessible to new investors. That strategy makes sense right now as Novo Nordisk prepares for more growth in the second half of 2023. While NVO may dip as the split approaches next week, it has a good chance of rebounding after that as new investors rush to buy in before the next surge. Keysight Technologies Inc. shares fell in the extended session Thursday after the electronic-design and test-solutions company’s weaker-than-expected outlook overshadowed its earnings beat.

In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

But Saudi Arabia and Russia’s keeping their oil supply cuts for longer means « they have no interest in what central banks are worried about, » Naeem Aslam, the chief investment officer of Zaye Capital Markets, wrote in a Tuesday note seen by Insider. Higher oil prices are bad news for the world’s central banks, which have been trying to tame high inflation since last year. Energy is a key input for economic activities, so higher oil prices generally lead to inflation. Leon said it is hard to predict the impact of these cuts on inflation and economic policy in the West, but said, « higher oil prices will only increase the likelihood of more fiscal tightening, especially in the US, to curtail inflation. »

Keysight Stock Gains on Strong Financial Outlook. Analyst Likes 5G Exposure.

August’s Consumer Price Index report showed a bigger-than-expected jump in inflation last month, with headline prices rising 0.6% month to month and 3.7% on an annual basis. These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Saudi Arabia also has its own reasons to want to keep oil prices higher because it needs to pump in massive investment into the Kingdom’s economic transformation project that is aimed at steering its reliance away from oil, Aslam added in his note.

Cantor Fitzgerald analyst Brett Knoblauch said both Evolv and the Food and Drug Administration advise security systems operators to have alternative methods for anyone with health or safety concerns. An Evolv spokesman didn’t immediately respond to CNBC’s request for comment. « This report interrupts the run of good news [and] makes it more difficult to talk a happy game about inflation, » said Vincent Reinhart, chief economist at Dreyfus and Mellon. « It doesn’t matter for the upcoming FOMC meeting’s results. They’re not going to act. They have not signaled action. Market participants do not expect action. And that’s because they’ve shifted down the pace of tightening. » A sharp acceleration in revenue and earnings growth makes this stock a top 5G pick.

Keysight Technologies Inc Company Profile

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

• Cantor Fitzgerald said it sees a pullback in Evolv Technologies stock as an « attractive opportunity » to buy shares of the security screening device manufacturer.
• Analysts think inflation could stay at higher levels for longer, after a decision by Saudi Arabia and Russia to extend oil production cuts until the end of this year sent prices soaring.
• The firm initiated coverage of TKO stock on Monday with a buy rating and a $130 price target, saying it could come out ahead of its competitors as U.S. sports rights continue to grow in value.
• Shares of the media conglomerate started trading this week from the merger of Ultimate Fighting Championship and World Wrestling Entertainment.
• An Evolv spokesman didn’t immediately respond to CNBC’s request for comment.

« Investor feedback to our Tesla upgrade has skewed towards push-back, » he said in a note to clients Tuesday. Morgan Stanley analyst Adam Jonas knows that his bullish Tesla upgrade earlier this week caught some by surprise. UMB Financial’s stock could get a boost free rider meaning as the Fed’s rate hiking cycle comes to an end, according to Piper Sandler. Meanwhile, Cirrus should experience an uptick in content growth connected to camera upgrades, Vinh said. The Evolv scanning system uses low-frequency radio waves to detect weapons.

Stocks making the biggest moves before the bell: Moderna, Ford and more

Keysight Technologies’ stock is owned by a number of institutional and retail investors. Ltd Zurich (33.23%), BlackRock Inc. (9.92%), State Street Corp (4.50%), JPMorgan Chase & Co. (2.72%), Geode Capital Management LLC (2.13%) and Mackenzie Financial Corp (2.12%). The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.

Moderna — Moderna shares rose more than 3% in early trading after the Centers for Disease Control and Prevention recommended updated Covid vaccine shots for all Americans ages 6 months and older. Oracle shares could see more pain ahead — even after the stock posted its worst day in more than two decades on the back of earnings, according to JPMorgan. « We see moderately positive implications for the Apple supply chain given content increases » for Broadcom, Qorvo, Skyworks Solutions and Cirrus Logic, said John Vinh in a Tuesday note. Those moves come ahead of the return of some large public offerings this week.

The communications market, which is the firm’s largest, and the semiconductor market are exhibiting slower order patterns and customers are pushing out purchases by multiple quarters. These negative dynamics are more than offsetting relative strength in government and automotive markets. Keysight’s good results in fiscal 2023 have been helped in part by working through excess orders left in its backlog, which is now back to normal https://1investing.in/ levels. Management cautions for a few quarters of weakness, and we now expect lower growth in fiscal 2024 behind lower demand. An 8% drop in after-hours trading looks like an overreaction to us, and we think savvy long-term investors have a lot to like about Keysight’s competitive positioning, growth profile, and profitability. With that in mind, it’s easy to see why the company would be opting for another stock split.

Analyst’s Opinion

The two energy giants’ plan to cut a collective 1.3 million barrels of oil per day sent Brent crude oil futures — the international benchmark — to hit their 10-month high above $90 a barrel. US West Texas Intermediate, or WTI, crude oil futures also hit a 10-month high. American said it expects adjusted earnings per share to come in between 20 cents and 30 cents in the third quarter, down from a previous forecast of as much as 95 cents a share, citing more expensive fuel and a new pilot labor deal. The carrier halved its operating margin from a forecast earlier this summer to 4% to 5%. The headline number rose 0.6% last month and in line with Dow Jones estimates. Headline prices increased 3.7% on a year-over-year basis, ahead of the 3.6% expected by economists.

This segment also provides printed-circuit-board-assembly testers, integrated circuit parametric testers, and sub-nano-meter positioning sub-assemblies; and test and measurement products and software. The company offers product support, technical support, and training and consulting services. It sells its products through direct sales force, distributors, resellers, and manufacturer’s representatives. Keysight Technologies, Inc. was founded in 1939 and is headquartered in Santa Rosa, California.

• Brent futures are up about 5% this year while US WTI futures are up about 8% so far.
• The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
• Dow, Inc. and Caterpillar were the next worst performers, with both down more than 1%.
• An 8% drop in after-hours trading looks like an overreaction to us, and we think savvy long-term investors have a lot to like about Keysight’s competitive positioning, growth profile, and profitability.
• American said it expects adjusted earnings per share to come in between 20 cents and 30 cents in the third quarter, down from a previous forecast of as much as 95 cents a share, citing more expensive fuel and a new pilot labor deal.

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Wall Street has mostly priced in a pause in rate hikes at the Fed’s meeting next week. Fed funds futures pricing data as of Wednesday afternoon indicate a 97% probability of rates remaining the same, according to the CME FedWatch Tool. The data represents the last inflation print the Fed will get before its meeting next week and one of the most important data points policymakers will consider in deciding whether to keep interest rates higher for longer.

Previously, the firm had two main divisions catering to consumers and large institutional clients. The alternative asset manager will also be facing a lower interest rate environment, wrote analyst Craig Siegenthaler, who reiterated his buy rating on the stock after meeting with Blackstone President and Chief Operating Officer Jon Gray. Bank of America economists are forecasting Federal Reserve rate cuts in the second half of 2024. Shares of Intel are trading about 2.5 standard deviations above their 50-day moving average, the firm said. Intel is also the second best-performing Dow stock in 2023, gaining more than 46% and trailing only Salesforce, which is up more than 65%.

Keysight (KEYS) Beats on Q3 Earnings Despite Flat Revenues

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The company claims their system is able to determine whether an object is something dangerous like a gun, knife or bomb or something benign like a cell phone. Meanwhile, the headline numbers rose 0.6% last month, and was up 3.7% from a year ago. Economists surveyed by Dow Jones were looking for respective increases of 0.6% and 3.6%. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Despite better-than-expected Q3 earnings, Wall Street isn’t happy with Keysight’s Q4 guidance.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Ron Nersesian has an approval rating of 97% among the company’s employees. This puts Ron Nersesian in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Even so, oil price gains have so far remained muted this year due to concerns about major importer China’s economic gloom.

Analyst Nathan Race upgraded the stock to overweight from neutral and said in a note to clients on Wednesday that UMB Financial should outperform its peers in terms of net interest income in the coming years. The firm believes a government shutdown this year could potentially drag on for at least a few weeks, due to an increasingly polarized Congress. Analysts are mostly finding the positive in Apple’s Tuesday launch event, but one surprise could heighten risks of a revenue shortfall on the margin, according to one analyst.

Well, Novo Nordisk is moving ahead with its planned two-for-one stock split, which took effect for B shares trading on the Nasdaq Copenhagen exchange today. As InvestorPlace contributor William White reports, shares trading on the New York Stock Exchange won’t undergo the split until Sept. 20. However, the fact that shares are struggling today raises some questions about what will happen when they do. « In our view, Oracle’s accomplishments are still very legitimate and investors will likely remain interested in the story, » analyst Mark Murphy said when downgrading the stock to neutral from overweight and cutting his price target. « However, we also sense potential for some offsetting dynamics which may take some time to work through the system and become factored in. »