Is Eaton (ETN) a Buy as Wall Street Analysts Look Optimistic?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use… Continue reading Is Eaton (ETN) a Buy as Wall Street Analysts Look Optimistic?

Eaton’s Pre-Q3 Earnings Analysis: How to Play the Stock?

Eaton Corporation ETN is expected to report an improvement in its top and bottom lines when it reports third-quarter 2024 results on Oct. 31, before market open. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The Zacks Consensus Estimate for ETN’s third-quarter revenues is pegged at $6.37 billion, indicating an 8.3% increase from… Continue reading Eaton’s Pre-Q3 Earnings Analysis: How to Play the Stock?

Dana: Q3 Earnings Snapshot

MAUMEE, Ohio (AP) — MAUMEE, Ohio (AP) — Dana Inc. (DAN) on Wednesday reported net income of $4 million in its third quarter. The Maumee, Ohio-based company said it had profit of 3 cents per share. Earnings, adjusted for non-recurring costs, were 12 cents per share. The automotive equipment supplier posted revenue of $2.48 billion… Continue reading Dana: Q3 Earnings Snapshot

Dana Incorporated Reports 2024 Third-Quarter Financial Results, Reports Strong Third-Quarter Profit Margin, Maintains Full-Year Free Cash Flow Guidance

Sales of $2.48 billion Net income of $4 million Adjusted EBITDA of $232 million Adjusted EBITDA margin of 9.4 percent, a 30-basis-point improvement compared with 2023 Full-year free cash flow guidance maintained at $100 million MAUMEE, Ohio, Oct. 30, 2024 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced financial results for the third quarter of… Continue reading Dana Incorporated Reports 2024 Third-Quarter Financial Results, Reports Strong Third-Quarter Profit Margin, Maintains Full-Year Free Cash Flow Guidance

Will BorgWarner (BWA) Beat Estimates Again in Its Next Earnings Report?

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering BorgWarner (BWA), which belongs to the Zacks Automotive – Original Equipment industry. This auto parts supplier has seen a nice streak of beating earnings estimates, especially when looking at the previous… Continue reading Will BorgWarner (BWA) Beat Estimates Again in Its Next Earnings Report?

Aptiv price target lowered to $82 from $87 at RBC Capital

https://www.tipranks.com/news/the-fly/mullen-announces-bollinger-provides-bollinger-motors-with-10m-financing RBC Capital lowered the firm’s price target on Aptiv (APTV) to $82 from $87 and keeps an Outperform rating on the shares as part of a broader research note previewing Q3 results for Auto suppliers. Sentiment on the suppliers is negative, and for good reason, as OEM commentary this earnings season suggests more light… Continue reading Aptiv price target lowered to $82 from $87 at RBC Capital

Why Nio Stock Could Be an Incredible Bargain

Despite Nio stock tumbling 36% this year, the company’s strategic positioning in China’s premium EV market presents a unique opportunity for bold investors. Industry analysts are projecting the global electric vehicle (EV) market to grow from its current $671 billion valuation to $1.89 trillion by 2032. Asia Pacific currently leads this expansion with a 51.2%… Continue reading Why Nio Stock Could Be an Incredible Bargain

BYD Revenue Eclipses Tesla for First Time as EV Giants Go Head to Head

(Bloomberg) — BYD Co. notched up another win over Tesla Inc. on Wednesday, reporting quarterly revenue that beat Elon Musk’s carmaker for the first time since the pair have gone head-to-head in global electric vehicles sales. Most Read from Bloomberg Revenue for China’s best-selling automaker soared 24% to 201.1 billion yuan ($28.2 billion) for the… Continue reading BYD Revenue Eclipses Tesla for First Time as EV Giants Go Head to Head

China Stocks Keep Rising, Alibaba Stock Up 29% Year To Date; Will They Overcome U.S. Election Risk And Uncertain China Economy?

Amid a good start for the week by U.S. stocks, more than a handful of China issues, including Alibaba stock, have enjoyed even stronger performance. But are they rising too quickly ahead of the U.S. presidential election? Amid an extremely close battle for the White House between former President Donald Trump and current Vice President… Continue reading China Stocks Keep Rising, Alibaba Stock Up 29% Year To Date; Will They Overcome U.S. Election Risk And Uncertain China Economy?

Tesla Breaks Out Powerfully On Earnings; BYD In Buy Zone With Q3 Results Due

New on Yahoo © 2024 All rights reserved. ‘:””;if(r){var a=t.promos.showYahooLogo?””:”yns-no-logo”;r=r.replace(“{notifOnboardBtnLabel}”,t.promos.notifOnboardBtnLabel).replace(“{notifOnboardMsg}”,t.promos.notifOnboardMsg).replace(“{subscriptionTopic}”,t.promos.subscriptionTopic).replace(“{noLogoClass}”,a).replace(“{promoLogo}”,t.promos.promoLogo)}var s=n.newCount>t.panel.maxCount?n.newCount:””,c=t.panel.notificationCenterPath,l=c?””:P,d=t.panel.headerMsg?””:” “+P,u=c?R:””,p=void 0;n.count?p=n.markup:p=’ {emptyPanelMsg} ‘.replace(“{emptyPanelMsg}”,t.panel.emptyPanelMsg);return e=e.replace(“{notifMarkup}”,p).replace(“{promoMarkup}”,r).replace(“{hideClass}”,l).replace(“{notifCenterLink}”,c).replace(“{paddingClass}”,u).replace(“{headerMsg}”,t.panel.headerMsg).replace(“{hideHeaderClass}”,d).replace(/{notificationCenterNavMsg}/g,t.panel.notificationCenterNavMsg).replace(/{newCount}/g,s)}},{key:”render”,value:function(e,n){var t=this;if(t._panelNode){var o=void 0,i=t._panelNode,r=void 0,a=void 0;switch(e){case”expanded_panel”:o=’ {headerMsg} {promoMarkup}{notifMarkup} ‘,a=t._store.getNotifications(),r=t._generatePanelMarkup(o,a),i.innerHTML=r;break;case”error_panel”:r=(o=’ {errorMsg} ‘).replace(“{errorMsg}”,t._config.panel.errorMsg),i.innerHTML=r}n&&n()}else n&&n(new Error(“No panel parent”))}},{key:”createPanelParentNode”,value:function(e){e&&(e.innerHTML=”,this._panelNode=document.getElementById(q))}},{key:”updateBadgeNode”,value:function(e){if(e){var n=this._store.getNotifications().newCount,t=this._config.badge.maxCount;if(n){var o=n>t?t+”+”:n;e.innerHTML=o}else e.innerHTML=””}}},{key:”addStyles”,value:function(e){if(e&&”undefined”!=typeof window){var n=document.getElementById(this._config.panel.styleTagId);n||((n=document.createElement(“style”)).type=”text/css”,n.id=this._config.panel.styleTagId,n.innerText=e,document.head.appendChild(n))}}}]),e}(),H=function(){function e(n,t,o){L(this,e);var i=this;i._store=t,i._view=o,i._config=n;var r=i._config.panel;i._panelParentNode=document.querySelector(r.parentSelector),i._badgeNode=i._config.badge.selector&&document.querySelector(i._config.badge.selector),i._indicatorNode=r.indicatorSelector&&document.querySelector(r.indicatorSelector)}return x(e,[{key:”createPanelParentNode”,value:function(){this._view.createPanelParentNode(this._panelParentNode),this._notifPanelNode=document.getElementById(q)}},{key:”refreshPanelNode”,value:function(e,n){var t=this;C(t._notifPanelNode,B),t._store.fetchNotifications(e,(function(e,o){var i=window.wafer&&window.wafer.base;i&&i.destroy(t._notifPanelNode),e?t._notifPanelNode.innerHTML||(t._view.render(“error_panel”),C(t._notifPanelNode,B)):(t._view.render(“expanded_panel”),t._view.updateBadgeNode(t._badgeNode),t._showBadge(),t._showIndicator(),t._view.addStyles(o.css)),A(t._notifPanelNode,B),i&&i.sync(t._notifPanelNode.parentNode),n&&n(e,o)}))}},{key:”resetBadge”,value:function(){var e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),C(e._badgeNode,e._config.badge.hideClass)}},{key:”_showIndicator”,value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?C(this._indicatorNode,this._config.panel.indicatorClass):A(this._indicatorNode,this._config.panel.indicatorClass))}},{key:”_showBadge”,value:function(){var e=this;e._store.getNotifications().newCount?A(e._badgeNode,e._config.badge.hideClass):C(e._badgeNode,e._config.badge.hideClass)}}]),e}(),U={promos:{eligibleBodyClass:”display-push-promos”,enableNotifOnboard:!0,bypassEligibleClassCheck:!1,notifOnboardBtnLabel:”Notify Me”,notifOnboardMsg:”Get alerts for breaking news and top stories”,promoLogo:”https://s.yimg.com/cv/apiv2/ae/news/circle_bell.png”,showYahooLogo:!0,subscriptionTopic:”gondor_homerun_news”},badge:{hideClass:””,maxCount:5,selector:””},panel:{emptyPanelMsg:”You have no new notifications.”,errorMsg:””,headerMsg:”Notifications”,imageTag:”img:40×40|2|80″,indicatorClass:”yns-indicator”,indicatorSelector:null,maxCount:6,notificationCenterNavMsg:”View… Continue reading Tesla Breaks Out Powerfully On Earnings; BYD In Buy Zone With Q3 Results Due