🎁Weekly Higher EPS Estimates: MU, NKE, FDX, PAYX, CCL & More

😀Hi Tigers,

We invite you to take a closer look at the possible winners by EPS in the Q1 earnings season.

In this post, we have highlighted the top 10 stocks by market capitalization with an estimated higher EPS ahead of their earnings in the period from June 24 to June 28.

1.Why EPS Matters?

Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market.

EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.

Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies.

2.Weekly List of Stocks with Estimated EPS Rise

  • The Top 20 Stocks with Estimated Higher EPS, by Market Value.

On June 24 to June 28, $Micron Technology(MU)$ $Nike(NKE)$ $FedEx(FDX)$ $Paychex(PAYX)$ $Carnival(CCL)$ $Synnex(SNX)$ $Jefferies Financial Group Inc.(JEF)$ $Levi Strauss & Co(LEVI)$ $Acuity(AYI)$ $H.B. Fuller(FUL)$ $Simply Good Foods Company(SMPL)$ , $UniFirst(UNF)$ , $Enerpac Tool Group(EPAC)$ , $MillerKnoll(MLKN)$ $Apogee Enterprises(APOG)$ $Anterix(ATEX)$ $3D Systems(DDD)$ $Accolade, Inc.(ACCD)$ $Franklin Covey(FC)$ and $Cybin Inc(CYBN)$ are releasing their earnings, and consensus earnings per share forecasts are higher than data from the same period last year.

Are you interested in betting on these stocks?

If you need a detailed summary of the results or specific information about the conference call, the official AI account of Tiger Trade @TigerGPT will surely surprise you. Follow this account and search for the tickers that interest you.

3.Questions For You:

  • Which stock is in your watch list?

  • What stocks are you bullish on?

  • How are your stock's EPS performed?

Please share with us your stock pick story in the comment section. We will reward effective comments.

🎁Prizes

  • 🐯 All valid comment on the following post will receive 5 Tiger Coins.

  • 🐯 The Top 5 commentator with qualified comments and most likes will receive another 10 Tiger Coins.

# 💰 Stocks to watch today?(5 July)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • icycrystal
    ·06-24
    TOP
    $Levi Strauss & Co(LEVI)$ caught my eyes [serious] [serious] [serious] seems to be performing well... I own quite a few pairs of Levi jeans and they do last...

    they are now trending around their 52 week high and hopefully they will trend up [Miser] [Miser] [Miser]

    @HelenJanet @koolgal @LMSunshine @Shyon @Aqa @GoodLife99 @Universe宇宙 @SPACE ROCKET @rL @TigerGPT

    Which stock is in your watch list?


    What stocks are you bullish on?


    How are your stock's EPS performed?


    All valid comment on the following post will receive 5 Tiger Coins.

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    • TigerGPT

      Levi Strauss & Co (LEVI) Stock Analysis

      1. Business and Industry Overview:Levi Strauss & Co is a well-known American clothing company that specializes in denim jeans and casual wear. The company operates globally and has a strong brand presence. The denim industry is expected to grow steadily in the coming years, driven by factors such as increasing disposable income, changing fashion trends, and the popularity of casual wear.

      2. Earnings Performance and Forecast:

      The latest earnings report for Levi Strauss & Co shows an EPS of -0.03 for the first quarter of 2024. The company's gross profit margin is 58.20%, indicating a healthy level of profitability.  

      Looking at the earnings forecast, the company is expected to achieve an EPS of 1.27 (USD) for the full year 2024. The forecasted gross income is 6.35 billion (USD), and the forecasted EBIT is 643.24 million (USD).  

      For the fiscal year 2025, the forecasted EPS is 1.47 (USD), with a forecasted gross income of 6.69 billion (USD) and a forecasted EBIT of 739.59 million (USD).  

      The earnings forecast for the fiscal year 2026 shows an EPS of 1.70 (USD), a forecasted gross income of 7.15 billion (USD), and a forecasted EBIT of 847.39 million (USD).  

      3. Recent Trends and Capital Flow:

      Levi Strauss & Co's stock price is currently trending around $22.98 (USD), which is close to its 52-week high.  

      In terms of capital flow, there have been mixed trends in the past five days. On June 14, there was a significant outflow of 939.48K units, followed by an outflow of 5,528.15K units on June 17. However, on June 18, there was a small inflow of 510.67K units. On June 20 and 21, there were outflows of 1,451.31K units and 4,602.02K units, respectively.  

      4. Valuation Analysis:

      Analysts have provided target price estimates for Levi Strauss & Co. The mean target price is $22.43 (USD), with a low estimate of $19.0 (USD) and a high estimate of $26.0 (USD).  

      The analyst recommendation for the stock is mixed, with 2 analysts recommending, 4 analysts rating it as a buy, and 7 analysts rating it as a hold.  

      5. News and Sentiment Analysis:

      There is no specific news or sentiment analysis provided in the current response. However, you can use the News_Viewpoints function to access relevant news reports and articles about Levi Strauss & Co to gather more information on recent developments and market sentiment.  

      Please note that the above analysis is for informational purposes only and should not be considered as investment advice. Investing in stocks involves risks, and it is important to conduct thorough research and analysis before making any investment decisions.

      06-24
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  • Shyon
    ·06-25
    TOP
    Among the stocks listed, Micron is my top picks. Due to the booming of semiconductor especially AI sector, $Micron Technology(MU)$ is clearly one of the top beneficiary. Similar to Samsung and SK Hynix, Micron high bandwidth memory (HBM) is out of stock for 2025. The incoming quarter earnings and forecasts will be another blast I believe!

    You may put such strong fundamental stock in your watchlist and consider to open a position especially during the AI theme pullback and correction period.

    Which is your favourite stock? Come and share with us.
    @TigerStars @Tiger_comments @MillionaireTiger @CaptainTiger @Daily_Discussion @TigerGPT

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    • TigerGPT

      Earnings Data:

      Micron Technology (MU) recently reported its earnings for the second quarter of 2024 (2024Q2). The company reported an earnings per share (EPS) of $0.72, with a return on equity (ROE) of 7.31% and a gross profit margin of 18.53%. The quick ratio and current ratio were 2.13 and 3.74, respectively, indicating a healthy liquidity position. The net profit margin was 13.62%.

      Earnings Forecast:

      For the third quarter of 2024 (2024Q3), Micron Technology is expected to report an EPS of $0.51, with a forecasted gross income of $6.66 billion and a forecasting EBIT of $821.67 million.

      Looking ahead, the company has provided an earnings forecast for the full fiscal year 2024 (2024FY), with a projected EPS of $1.03, a forecasted gross income of $24.74 billion, and a forecasting EBIT of $1.50 billion.

      Trend Analysis:

      As of the latest available data (2024-06-25), the stock price of Micron Technology is $139.01. The support price on 2024-06-21 was $110.2, while the resistance price was $142.2. The average cost was $122.47, and the profiteer ratio was 0.8704.

      Valuation Analysis:

      According to analyst estimates, the mean target price for Micron Technology is $162.482, with a low estimate of $120.0 and a high estimate of $240.78. Among the analysts, 11 recommend buying the stock, 24 recommend it as a buy, and 2 recommend holding it.

      Capital Flow Analysis:

      In terms of capital flow, the data for the past five days shows a mixed trend. On 2024-06-14, there was a net outflow of $22,266.96 thousand, followed by a net inflow of $38,180.39 thousand on 2024-06-17 and $41,479.48 thousand on 2024-06-18. However, on 2024-06-20, there was a significant net outflow of $95,831.51 thousand. On 2024-06-21, there was a substantial net inflow of $321,412.89 thousand.

      Relevant Articles:

      Micron Technology is expected to post earnings of $0.51 per share in the upcoming report, showing a rise in quarterly revenue. Read more

        

      Micron Technology, along with other companies like Nike, FedEx, and Carnival, is releasing its earnings this week. Read more

        

      Analysts are expecting Micron Technology to report a significant improvement in its third-quarter earnings, with an EPS of $0.50 and revenues of $6.7 billion. Read more

        

      Citigroup has raised its price target for Micron Technology to $175 ahead of its Q3 results, expecting the company to outperform consensus estimates due to higher sales and gross margins. Read more

        

      Disclaimer:

      The above analysis is for reference purposes only and should not be considered as investment advice. Investors should conduct their own research and analysis before making any investment decisions. The stock market is subject to inherent risks and normal fluctuations in stock prices.

      06-25
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  • WanEH
    ·06-24
    美光是有在我的观察名单的公司。我觉得人工智能还是非常需要记忆体的。而且美光还在扩张着。
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  • Aqa
    ·06-24
    $Micron Technology(MU)$ is most exciting this week. This chip company is a top AI player now. EPS is $0.38.👍🏻
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  • TigerGPT
    ·06-24

    Based on the information provided, here are the top 10 stocks with estimated higher EPS in the Q1 earnings season from June 24 to June 28:

    Micron Technology (MU)  

    Nike (NKE)  

    FedEx (FDX)  

    Paychex (PAYX)  

    Carnival (CCL)  

    Synnex (SNX)  

    Jefferies Financial Group Inc. (JEF)  

    Levi Strauss & Co (LEVI)  

    Acuity (AYI)  

    H.B. Fuller (FUL)  

    EPS is an important metric that indicates a company's profitability. Investors generally prefer companies with higher profitability, and the market tends to reward companies that beat earnings estimates.

    If you are interested in these stocks, you can follow the official AI account of Tiger Trade for detailed summaries of the earnings results and specific information about the conference calls. You can also search for the tickers that interest you.

    Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks carries risks, and it is important to conduct thorough research and analysis before making any investment decisions.

    If you have any specific questions or need further assistance, feel free to ask.

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  • MHh
    ·06-24
    Bullish on Micron technology. Has its own momentum and has future potential.
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  • Success88
    ·06-24
    Bullish on Micron Semiconductor. As memory chips demanding high. $Micron Technology(MU)$
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  • Aqa
    ·06-26
    $Micron Technology(MU)$ results is coming out this week. Thanks for tag @SPOT_ON
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  • airui
    ·06-25
    selling puts on nike @0QH as the stock is near oversold. capture the higher IV before earnings
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  • nomadic_m
    ·06-28
    $Micron Technology(MU)$ would be my pick to ride the AI wave
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  • ECLC
    ·06-25
    Not interested to bet on these stocks. Aware of "funds private limited".
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  • SPOT_ON
    ·06-26
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  • NKE is a very popular one with the young crowd
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  • FrankieRed
    ·06-24
    Not a single stock on my watch list [LOL]
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  • None on my watch list lol
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  • DiAngel
    ·06-24
    Not under my radar [Chuckle]
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  • KSR
    ·06-25
    👍
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