Here is your Pro Recap of the biggest analyst cuts you may have missed since Friday: downgrades at Tesla, Nio, Bill.com, and Floor & Decor. InvestingPro subscribers got this news in rapid fire. Never be left in the dust again. Tesla downgraded to Buy, shares gain on a partnership deal with General Motors CFRA downgraded… Continue reading 4 big analyst cuts: Tesla trimmed, but still a buy; Nio slapped with 2 downgrades
Author: Yarhow_Finance Online News
Tesla Vs. BYD 2023: TSLA Stock Extends Big Run; EV Archrival In Buy Zone
Tesla stock is on a huge win streak, nearly doubling so far this year. China EV and battery giant BYD is above a buy point. Go to Source
Magna International Inc.’s (TSE:MG) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
Most readers would already know that Magna International’s (TSE:MG) stock increased by 3.4% over the past week. However, its weak financial performance indicators makes us a bit doubtful if that trend could continue. Particularly, we will be paying attention to Magna International’s ROE today. Return on equity or ROE is a key measure used to… Continue reading Magna International Inc.’s (TSE:MG) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
A Look At The Fair Value Of BorgWarner Inc. (NYSE:BWA)
Key Insights Using the 2 Stage Free Cash Flow to Equity, BorgWarner fair value estimate is US$52.87 With US$45.85 share price, BorgWarner appears to be trading close to its estimated fair value Our fair value estimate is 5.8% lower than BorgWarner’s analyst price target of US$56.12 In this article we are going to estimate the… Continue reading A Look At The Fair Value Of BorgWarner Inc. (NYSE:BWA)
Is Nio Stock a Buy Now?
Nio (NYSE: NIO) posted its first-quarter earnings report on June 9. The Chinese electric-vehicle (EV) maker’s revenue rose 8% year over year to a U.S. equivalent of $1.55 billion, which missed analysts’ estimates by $80 million. Go to Source
Should Investors Buy Nio Stock Right Now?
Fool.com contributor and finance professor Parkev Tatevosian shares his analysis of Nio’s (NYSE: NIO) latest quarterly report. *Stock prices used were the afternoon prices of June 8, 2023. The video was published on June 10, 2023. Go to Source
NIO Inc. (NYSE:NIO) Q1 2023 Earnings Call Transcript
NIO Inc. (NYSE:NIO) Q1 2023 Earnings Call Transcript June 9, 2023 NIO Inc. beats earnings expectations. Reported EPS is $-0.18, expectations were $-0.33. Operator: Hello, ladies and gentlemen, thank you for standing by, and welcome to the NIO Incorporated First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.… Continue reading NIO Inc. (NYSE:NIO) Q1 2023 Earnings Call Transcript
Q1 2023 NIO Inc Earnings Call
Participants Eve Tang; IR; NIO Inc. William Li; CEO; NIO Inc. Steven Feng; CFO; NIO Inc. Tim Hsiao; Analyst; Morgan Stanley Bin Wang; Analyst; Credit Suisse Ming-Hsun Lee; Analyst; Bank of America Yuqian Ding; Analyst; HSBC Nick Lai; Analyst; JP Morgan Paul Gong; Analyst; UBS Xing Chang; Analyst; CICC Vijay Rakesh; Analyst; Mizuho William Bin… Continue reading Q1 2023 NIO Inc Earnings Call
Nio (NIO) Q1 2023 Earnings Call Transcript
Image source: The Motley Fool. Nio (NYSE: NIO)Q1 2023 Earnings CallJun 09, 2023, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorHello, ladies and gentlemen, thank you for standing by and welcome to the NIO, Inc. Go to Source
What Makes Bridgestone Corp. (BRDCY) a New Strong Buy Stock
Bridgestone Corp. (BRDCY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company’s changing earnings picture. It tracks EPS… Continue reading What Makes Bridgestone Corp. (BRDCY) a New Strong Buy Stock