Lowe’s Companies (LOW) Post-Earnings Analysis In their latest quarterly earnings report, Lowe’s fell short of market expectations and lowered their outlook on guidance, making it the second home improvement retailer to slash forecasts. Their earnings were released this morning, exactly one week after Home Depot’s earnings last week, which also pointed to a slow down in home improvement spending over the next 12 months. Both retailers showed concerns over macroeconomic factors, as well as a significant slowdown in “do-it-yourself” project spending. Big ticket item spending has also wained as consumers hit the break on financing any products, and with interest rates still elevated, that is expected to continue placing pressure on the industry. Year over year sales for the company...
Nike’s stock is bouncing at a familiar trend line in recent weeks, the same support line that it visited back in January and April. The stock’s short term bounce is impressive, but the general trend this year is still making lower highs. Fierce competition and cautious customers forced Nike to post flat yearly growth, which has reflected in its stock price. The company’s long term durability is still strong, but the short term may continue to be a challenge until economic conditions improve. Investors are probably accepting that at this point, Nike is no longer a growth company, but it will likely be consistent enough to earn a spot in someone's dividend portfolio. Their valuation is fair, and they're steadily...
The largest cybersecurity company on the stock market just reported upbeat earnings, which is great news for the cybersecurity industry as a whole. Investor uncertainty around the pace of the cybersecurity market has forced many companies within it to stay flat so far this year, but a strong earnings season could supercharge these stocks higher. Names like CrowdStrike, Palo Alto Networks, Zscaler…etc. have lagged far behind the market rally, largely because their earnings weren’t as exciting as semiconductor earnings, but as investors look for new opportunities, cybersecurity has a high probability of being seen as an opportunity for profit. Palo Alto Networks was one of the first cybersecurity companies to report quarterly earnings in the space, kicking things off by...
Celsius Holdings (CELH) Analysis: Chart done on daily timeframe. Celsius Holdings investors kicked off the year celebrating the company’s accomplishments from 2023. The stock reached for new all time highs just a few months ago, but its valuation has been cut by more than 60% since then, leaving investors uncertain about their stock’s health. Trading at a new 52 week low, the company’s upside and downside swings already paints a picture of just how volatile this investment can be, but volatility can often bring opportunities, let’s dive into CELH’s numbers to see if its worth a buy. The company’s revenue growth is a grew at a notable 94% in the first quarter of 2023, then another 111% in the second...
Airbnb (ABNB) Post-Earnings Analysis Shares of Airbnb plunged to new 52-week lows this morning after the company’s warnings about U.S. demand. Already facing recession fears, investors heard the grim message about demand and immediately hit the sell button, resulting in a 14% single-day decline. Diving into the numbers, Airbnb posted its second-best quarter in terms of bookings, but the number is expected to moderate in the coming quarters. The company’s earnings per share fell below expectations, coming in at $0.86 versus $0.92 expected, but revenue came in line at $2.75B for the quarter. Despite the earnings drop and the alarming headlines, Airbnb is still an attractive company and remains dominant in its industry with numerous opportunities ahead. The company specifically...
