La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Canon a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Canon..

Canon (OTC:CAJPY) Azioni, Catena delle Opzioni

Canon Inc designs, manufactures and distributes an extensive range of consumer and electronic products, including copiers, cameras, lenses, and inkjet printers. The company operates four major business segments: printing, imaging, medical, industrial, and others. It generates maximum revenue from the printing segment. Printing Business Unit includes Office multifunction devices (MFDs), Document solutions, Laser multifunction printers (MFPs), Laser printers, Inkjet printers, Image scanners, Calculators, Digital continuous feed presses, Digital sheet-fed presses, and Large format printers.

Canon Inc

Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) reported quarterly earnings of $0.15 per share which missed the analyst consensus estimate of $0.19 by 21.05 percent. This is a 66.67 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $1.67 billion which missed the analyst consensus estimate of $1.68 billion by 0.51 percent. This is a 1.83 percent increase over sales of $1.64 billion the same period last year.

Earnings

Earnings Misses

News

COTY

Coty Q1 Adj $0.15 Misses $0.19 Estimate, Sales $1.67B Miss $1.68B Estimate

Guidance

e.l.f. Beauty Raised Fiscal 2025 Net Sales Outlook From $1.28B-$1.3B To $1.315B-$1.335B vs $1.305B Est., Raised Adj. EPS Outlook From $3.36-$3.41 To $3.47-$3.53 vs $3.50 Est.

Ansys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANSS#NASDAQ">ANSS</a>) reported quarterly earnings of $2.58 per share which beat the analyst consensus estimate of $1.72 by 50 percent. The company reported quarterly sales of $601.900 million which beat the analyst consensus estimate of $517.246 million by 16.37 percent. This is a 31.19 percent increase over sales of $458.795 million the same period last year.

Earnings Beats

ANSS

Ansys Q3 2024 Adj. EPS $2.58 Beats $1.72 Estimate, Sales $601.900M Beat $517.246M Estimate

Nextdoor Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIND#NYSE">KIND</a>) raises FY2024 sales outlook from $240.14 million to $245.00 million.

KIND

Nextdoor Holdings Raises FY2024 Sales Guidance from $240.14M to $245.00M

Albemarle Maintains FY24 Outlook Which Are Based On Observed Lithium Market Price Scenarios

Service Properties Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVC#NASDAQ">SVC</a>) reported quarterly earnings of $0.32 per share which missed the analyst consensus estimate of $0.38 by 15.79 percent. The company reported quarterly sales of $491.171 million which missed the analyst consensus estimate of $497.001 million by 1.17 percent. This is a 1.14 percent decrease over sales of $496.825 million the same period last year.

Service Properties Trust Q3 2024 FFO $0.32 Misses $0.38 Estimate, Sales $491.171M Miss $497.001M Estimate

Faro Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) reported quarterly earnings of $0.21 per share which beat the analyst consensus estimate of $0.03 by 600 percent. The company reported quarterly sales of $82.563 million which beat the analyst consensus estimate of $78.972 million by 4.55 percent. This is a 4.90 percent decrease over sales of $86.813 million the same period last year.

FARO

Faro Technologies Q3 2024 Adj. EPS $0.21 Beats $0.03 Estimate, Sales $82.563M Beat $78.972M Estimate

Noodles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDLS#NASDAQ">NDLS</a>) lowers FY2024 sales outlook from $495.00 million-505.00 million to $487.00 million-495.00 million.

NDLS

Noodles Lowers FY2024 Sales Guidance from $495.00M-505.00M to $487.00M-495.00M  VS Est.499M

Personalis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNL#NASDAQ">PSNL</a>) reported quarterly losses of $(0.64) per share which missed the analyst consensus estimate of $(0.36) by 77.78 percent. This is a 6.67 percent decrease over losses of $(0.60) per share from the same period last year. The company reported quarterly sales of $25.709 million which beat the analyst consensus estimate of $21.324 million by 20.56 percent. This is a 40.89 percent increase over sales of $18.247 million the same period last year.

PSNL

Personalis Q3 2024 GAAP EPS $(0.64) Misses $(0.36) Estimate, Sales $25.709M Beat $21.324M Estimate

Nextdoor Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIND#NYSE">KIND</a>) sees Q4 sales of $63.000 million vs $62.00 million estimate.

Nextdoor Holdings Sees Q4 Sales $63.000M vs $62.00M Est

2024 EARNINGS GUIDANCE REAFFIRMED
Black Hills reaffirms its guidance issued on Feb. 7, 2024, for 2024 earnings per share available for common stock to be in the range of $3.80 to $4.00, which was based on the following assumptions:
<ul>
<li>Normal weather conditions within our utility service territories including temperatures, precipitation levels and wind conditions;</li>
<li>Normal operations and weather conditions for planned construction, maintenance and/or capital investment projects;</li>
<li>Constructive and timely outcomes of utility regulatory dockets;</li>
<li>No significant unplanned outages at our generating facilities;</li>
<li>Equity issuance of $170 million to $190 million through the at-the-market equity offering program; and</li>
<li>Production tax credits of approximately $18 million associated with wind generation assets.</li>
</ul>
During the first nine months of 2024, Black Hills issued equity within the forecasted range, completed the sale of production tax credits, and mitigated the financial impacts of mild weather and unplanned generation outages.

Black Hills Corp Sees FY24 EPS $3.80-$4.00 Vs $3.92 Est.

Braemar Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHR#NYSE">BHR</a>) reported quarterly AFFO of $(0.24) per share which missed the analyst consensus estimate of $(0.06) by 300 percent. This is a 200 percent decrease over losses of $(0.08) per share from the same period last year. The company reported quarterly sales of $148.40 million which missed the analyst consensus estimate of $154.66 million by 4.05 percent. This is a 7.14 percent decrease over sales of $159.80 million the same period last year.

Braemar Hotels & Resorts Q3 2024 AFFO $(0.24) Misses $(0.06) Estimate, Sales $148.40M Miss $154.66M Estimate

BBSI

Barett Business Services Sees FY24 Gross Billings Growth 7%-8%.

AppLovin Sees Q4 2024 Revenue $1.24B-$1.26B; Sees Adj. EBITDA $740M-$760M

SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) reported quarterly losses of $(15.33) per share. This is a 2687.27 percent decrease over losses of $(0.55) per share from the same period last year. The company reported quarterly sales of $260.903 million which missed the analyst consensus estimate of $269.380 million by 3.15 percent. This is a 64.03 percent decrease over sales of $725.305 million the same period last year.

SEDG

SolarEdge Technologies Q3 2024 Adj. EPS $(15.33) Down From $(0.55) YoY, Sales $260.903M Miss $269.380M Estimate

Regional bank stocks surged on Wednesday, marking their strongest one-day performance in four years as investors bet on a more favorable banking sector environment when Donald Trump returns <a href="https://www.benzinga.com/topic/donald-trump">to the White House.</a>
The SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) — which tracks a basket of 147 small- and mid-cap U.S. banks — jumped 13.4%, posting its largest rally since November 2020. Back then, the announcement of the first COVID-19 vaccine sparked a broad market rebound.
In Wednesday's trading, regional banks outshined even the biggest U.S. banks. Financials were the top-performing sector in the S&amp;P 500, with the Financials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) rising 6%. 
Yet regional banks saw an even greater lift, driven by expectations that Trump&#8217;s policies will uniquely benefit smaller, domestic-focused institutions.
The strength in regional banks also fueled a broader rally in small-cap stocks. The Russell 2000 index, which includes a significant portion of regional banks, surged 6% as investor optimism spread across smaller, U.S.-centric companies.
Regional banks are the most representative sector of the Russell 2000 index, which soared by 6% on Wednesday. 
<h4 class="wp-block-heading">Chart: Regional Banks Mark Best Day Since Covid-19 Vaccine Announcement </h4>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160718/image-65-1024x501.png" alt="" class="wp-image-633735" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160718/image-65-1024x501.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160718/image-65-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160718/image-65-768x376.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160718/image-65-1536x752.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160718/image-65.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">JPMorgan&#8217;s Elian Identifies 7 Tailwinds For Regional Banks</h3>
JPMorgan analyst Anthony Elian sees multiple factors that could fuel a strong performance for regional banks under Trump&#8217;s leadership.
&#8220;We view these results as being favorable for the regional bank sector tied to several tailwinds,&#8221; Elian wrote in a note on Wednesday. 
He highlighted seven main drivers:
<ol>
<li>Increased lending activity – A pro-business and onshoring agenda is expected to boost lending, potentially driving a revival in loan growth across the industry.</li>
<li>Lower corporate taxes – Trump&#8217;s anticipated tax cuts could enhance profitability for regional banks by reducing their tax burden.</li>
<li>Eased regulatory environment – According to Elian, &#8220;a second Trump administration would include an easier backdrop for regulation for the industry,&#8221; which could help banks reduce compliance costs and expand operations.</li>
<li>Uptick in M&amp;A activity – With a favorable regulatory climate, the sector could see an increase in mergers and acquisitions, a trend that was prevalent during Trump's first term and could benefit mid-sized banks seeking growth.</li>
<li>Attractive valuations – Elian noted that regional banks remain undervalued by historical standards, suggesting &#8220;there is still material upside on the table.&#8221;</li>
<li>Steep Treasury yield curve, Fed still in easing mode – With the Treasury yield curve in a steep pattern and the Federal Reserve to keep lowering rates, regional banks could benefit from improved net interest margins (NIMs) and net interest income (NII), boosting their earnings and profitability over time.</li>
<li>Underweight positioning – Elian highlighted that investors are still largely underweight on regional bank stocks, indicating room for increased demand as sentiment shifts.</li>
</ol>
JPMorgan&#8217;s Elian identified a few standout names in the regional banking space. Among his top picks are First Citizens BancShares, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCNCA#NASDAQ">FCNCA</a>) and Western Alliance Bancorporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>), both of which are well-positioned to take advantage of the expected uptrend in the sector.
<h3 class="wp-block-heading">Trump&#8217;s 2016 Win Offers Historical Context For Sector Rally</h3>
The market's optimism is further bolstered by historical precedent. Regional bank stocks were among the biggest early beneficiaries following Trump's 2016 election victory.
Between Nov. 9, 2016, and Jan. 10, 2017, the KRE ETF surged nearly 20%, significantly outperforming other sectors during that period.
<h4 class="wp-block-heading">Chart: Performance Of Regional Bank ETF (Nov. 9, 2016 &#8211; Jan. 10, 2017) </h4>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160352/image-64-1024x501.png" alt="" class="wp-image-633728" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160352/image-64-1024x501.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160352/image-64-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160352/image-64-768x376.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160352/image-64-1536x752.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/06160352/image-64.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/11/41783357/how-did-s-p-500-sectors-perform-during-trumps-first-term-could-this-time-be-different">How Did S&amp;P 500 Sectors Perform During Trump&#8217;s First Term? Could This Time Be Different?</a></li>
</ul>
Image: Midjourney

Sector ETFs

Politics

Markets

Movers

FCNCA

Regional Bank Stocks Notch Strongest Day In 4 Years: Why Analysts Expect 'Several Tailwinds' From Trump Policies

2024 Financial Outlook
Certara is updating its 2024 outlook, and expects the following:
<ul>
<li>Full year 2024 revenue to be in the range of $380 million to $385 million.</li>
<li>Full year adjusted EBITDA to be in the range of $120 million to $124 million.</li>
<li>Full year adjusted diluted earnings per share is expected to be in the range of $0.41 - $0.44.</li>
<li>Fully diluted shares are expected to be in the range of 160 million to 162 million.</li>
</ul>

CERT

Certara Sees FY24 EPS $0.41-$0.44 Vs $0.41 Est.; Revenue $380M-$385M Vs $386.5M Est.

AMC Enter Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.11) by 63.64 percent. The company reported quarterly sales of $1.35 billion which beat the analyst consensus estimate of $1.33 billion by 1.05 percent. This is a 4.12 percent decrease over sales of $1.41 billion the same period last year.

AMC Enter Hldgs Q3 2024 Adj EPS $(0.04) Beats $(0.11) Estimate, Sales $1.35B Beat $1.33B Estimate

Barrett Bus Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>) reported quarterly earnings of $0.74 per share which beat the analyst consensus estimate of $0.69 by 7.25 percent. The company reported quarterly sales of $294.278 million which beat the analyst consensus estimate of $287.279 million by 2.44 percent. This is a 7.66 percent increase over sales of $273.328 million the same period last year.

Barrett Bus Servs Q3 2024 GAAP EPS $0.74 Beats $0.69 Estimate, Sales $294.278M Beat $287.279M Estimate

Reaffirming Fiscal Year 2025 Outlook
Kyndryl is reaffirming its outlook for its fiscal year 2025, which runs from April 2024 to March 2025:
<ul>
<li>Adjusted EBITDA margin of at least 16.3%, representing a year-over-year increase of at least 160 basis points.</li>
<li>Adjusted pretax income of at least $460 million, representing a year-over-year increase of at least $295 million.</li>
<li>Constant-currency revenue growth of (2%) to (4%), which now implies fiscal 2025 revenue of $15.2 to $15.5 billion based on recent exchange rates. The Company continues to expect to deliver year-over-year constant-currency revenue growth in the fourth quarter of the fiscal year.</li>
<li>Adjusted free cash flow of approximately $300 million.</li>
</ul>
Forecasted amounts are based on currency exchange rates as of October 2024.

Kyndryl Reaffirming FY25 Revenue Growth Outlook Of (2%) To (4%), Which Now Implies Fiscal 2025 Revenue Of $15.2B-$15.5B Vs $15.27B Est.

Extreme UV Is The Future For Chips, ASML Holding Has A Monopoly

The technology hardware market is experiencing significant growth thanks to growing IT spending, the adoption of new cutting-edge technologies, and increasing reliance on digital technologies. Therefore, investors could consider buying quality tech stocks Nidec (NJDCY), Lenovo Group (LNVGY), and Canon (CAJPY) for solid gains. Read on... The tech industry's growth is driven by the digitization of various sectors and the ever-rising dependence on digital solutions. These factors have been a significant growth driver for advanced hardware solutions. With the adoption of newer, more advanced technologies and workloads becoming heavier, the demand for cutting-edge hardware is expected to grow significantly.
Against this backdrop, investors could consider buying fundamentally strong tech stocks such as Nidec Corporation (<a href="https://stocknews.com/stock/NJDCY/">NJDCY</a>), Lenovo Group Limited (<a href="https://stocknews.com/stock/LNVGY/">LNVGY</a>), and Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>) to satisfy their thirst for gains. Before diving deeper into the fundamentals of these stocks, let's first understand what's shaping the tech industry's prospects.
Gartner's recent forecast predicts global IT spending to reach $5.06 trillion in 2024, representing an <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">8% uptick</a> from the previous year. This new estimate is higher than its earlier estimate of 6.8%. The forecast suggests that worldwide IT spending is on track to exceed $8 trillion well before the end of the decade. Gartner expects device spending to rise 3.6% year-over-year to $687.94 billion.
Businesses belonging to various sectors have started digitizing their operations to enhance delivery and improve efficiency, thereby contributing to the growth of the IT hardware market.
With GenAI's immense popularity and potential, individuals and businesses want to employ it in daily operations. To train large language models (LLMs), one requires considerable computational resources for training and inference, thus driving the demand for high-performance hardware, such as CPUs, GPUs, etc.
Moreover, the evolution of new technologies like 5G, the Internet of Things, and edge computing has fueled the demand for cutting-edge hardware to support their highly complex processing needs.
Furthermore, the demand for new hardware devices has increased rapidly, owing to the declining average lifespan of devices and new features in hardware tools that encourage consumers to stay updated with the ongoing trends. The IT Hardware Market is projected to reach $191.03 billion by 2029, growing at a <a href="https://www.mordorintelligence.com/industry-reports/global-it-hardware-market">7.9% CAGR</a>.
Considering these conducive trends, let's examine the fundamentals of the three featured <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> stocks, beginning with the third choice.
Stock #3: Nidec Corporation (<a href="https://stocknews.com/stock/NJDCY/">NJDCY</a>)
Headquartered in Kyoto, Japan, NJDCY develops, manufactures, and sells motors, electronics and, optical components, and other related products in Japan and internationally.
In terms of forward EV/Sales, NJDCY is trading at 1.77x, 1.2% lower than the industry average of 1.79x. The stock's trailing-12-month <a href="https://www.investopedia.com/terms/p/price-to-bookratio.asp">Price/Book</a> of 2.44x is 11.6% lower than the industry average of 2.76x.
NJDCY's net sales and gross profit for the fiscal year that ended March 31, 2024, increased 4.7% and 20.4% over the prior-year quarter to ¥2.35 trillion ($15.20 billion) and ¥497.61 billion ($3.22 billion), respectively.
For the same year, its profit attributable to owners of the parent and earnings per share attributable to owners of the parent stood at ¥125.39 billion ($811.54 million) and ¥218.22, up 178.9% and 179.3% year-over-year, respectively.
For the quarter ending September 30, 2024, NJDCY's revenue is expected to increase 1.3% year-over-year to $4.03 billion. Its EPS for fiscal 2025 is expected to increase 62.2% year-over-year to $0.57. It surpassed consensus revenue estimates in each of the trailing four quarters. The stock has gained 24.3% over the past three months to close the last trading session at $11.49.
NJDCY's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its positive prospects. It has an overall B rating, equating to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
NJDCY has an A grade for Stability and a B for Value and Quality. Within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry, it is ranked #15 out of 37 stocks. <a href="https://stocknews.com/stock/NJDCY/">Click here</a> for the additional POWR Ratings for NJDCY (Growth, Momentum, and Sentiment).
Stock #2: Lenovo Group Limited (<a href="https://stocknews.com/stock/LNVGY/">LNVGY</a>)
Headquartered in Quarry Bay, Hong Kong, LNVGY develops, manufactures, and markets technology products and services. It operates through the segments of Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group.
In terms of forward EV/EBITDA, LNVGY is trading at 5.57x, 63.1% lower than the industry average of 15.10x. The stock's forward Price/Sales of 0.27x is 90.6% lower than the industry average of 2.83x. Similarly, its forward EV/Sales is trading at 0.29x, 89.7% lower than the industry average of 2.84x.
On May 2, 2024, LNVGY launched its new AI-based Cyber Resiliency as a Service (CRaaS), leveraging Lenovo device telemetry and Microsoft security software solutions to offer comprehensive cyber protection, detection, response, and recovery for businesses. This addresses growing security concerns and aids business continuity.
For the fiscal third quarter that ended December 31, 2023, LNVGY's revenue increased 3% year-over-year to $15.72 billion. Its gross profit stood at $2.60 billion. For the same quarter, its non-HKFRS profit attributable to equity shareholders and EPS stood at $357 million and 2.64 cents, respectively.
Analysts expect LNVGY's revenue for the quarter that ended March 31, 2024, to increase 4.2% year-over-year to $13.16 billion. Its EPS for the year ending March 31, 2025, is expected to grow 38.3% year-over-year to $1.94. The company surpassed Street revenue estimates in three of the trailing four quarters. Over the past year, the stock has gained 17.8%, closing the last trading session at $24.04.
LNVGY's POWR Ratings reflect this promising outlook. It has an overall rating of B, equating to Buy in our proprietary rating system.
LNVGY has an A grade for Value and a B for Momentum. It is ranked #14 in the same industry. Beyond what we stated above, we have also given LNVGY grades for Growth, Stability, Sentiment, and Quality. Get all the LNVGY ratings <a href="https://stocknews.com/stock/LNVGY/">here</a>.
Stock #1: Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>)
Headquartered in Tokyo, Japan, CAJPY manufactures and sells office multifunction devices (MFDs), laser and inkjet printers, cameras, medical equipment, and lithography equipment worldwide. The company operates through the Printing Business Unit, Imaging Business Unit, Medical Business Unit, Industrial Business Unit, and Others segments.
In terms of forward EV/Sales, CAJPY is trading at 1.08x, 62.1% lower than the industry average of 2.84x. The stock's forward Price/Sales of 0.97x is 65.8% lower than the industry average of 2.83x. Similarly, its forward EV/EBIT is trading at 8.95x, 57.1% lower than the industry average of 20.84x.
CAJPY's net sales for the fiscal first quarter that ended March 31, 2024, increased 1.8% over the year-ago value to ¥988.52 billion ($6.40 billion). Its gross profit rose 5.4% year-over-year to ¥478.44 billion ($3.10 billion).
Moreover, its net income attributable to CAJPY stood at ¥59.95 billion ($388 million), up 6.3% over the prior-year quarter. Also, its net income attributable to CAJPY shareholders per share grew 9.3% year-over-year to ¥60.67.
Street expects CAJPY's revenue for the quarter ending September 30, 2024, to increase 2% year-over-year to $6.95 billion. CAJPY's stock has gained 17.6% over the past year to close the last trading session at $27.93.
CAJPY's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, equating to Buy in our proprietary rating system.
It has a B grade for Value, Momentum, Stability, and Quality. It is ranked #10 in the Technology - Hardware industry. In total, we rate CAJPY on eight different levels. Too see CAJPY's Growth and Sentiment ratings <a href="https://stocknews.com/stock/CAJPY/">click here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
CAJPY shares were trading at $27.77 per share on Wednesday morning, down $0.16 (-0.57%). Year-to-date, CAJPY has gained 8.48%, versus a 9.06% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Neha Panjwani</h2> <img src='https:/wp-content/uploads/2024/01/Neha-Panjwani_Headshot-1.jpeg' style="float:left; padding:5px;width:125px;">From her school days, Neha harbored a profound fascination for finance, a passion that steered her toward a career as an investment analyst following the completion of her bachelor's degree in commerce. Currently enrolled in the CFA program, Neha is dedicated to further enriching her comprehension of investment fundamentals.

Neha's primary objective is to aid retail investors in discerning optimal investment opportunities by diligently evaluating crucial aspects of financial instruments, with a primary focus on stocks and ETFs. Her commitment lies in empowering individuals to make informed and strategic investment decisions in the dynamic world of finance.<a href="https://stocknews.com/authors/?author=neha-panjwani">More...</a>The post <a href=https://stocknews.com/news/cajpy-njdcy-lnvgy-3-tech-stocks-to-satisfy-your-thirst-for-gains/>3 Tech Stocks to Satisfy Your Thirst for Gains</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks to Satisfy Your Thirst for Gains

Canon: 'Hold'ing Was The Right Choice

Notable earnings before Thursday's open

Canon GAAP EPS of ¥91.83, revenue of ¥1167.79B; raises FY24 outlook

Apple (AAPL) is set to launch its AI-enabled iPhone 16 on September 9, marking a pivotal moment for the tech giant. The highly anticipated release could drive a massive upgrade cycle, significantly impacting the company's stock performance as it heads into the holiday shopping season. Let's find out if AAPL is a strong buy now. Read on... <a href="https://stocknews.com/stock/AAPL/">Apple Inc. (AAPL)</a> is widely anticipated to <a href="https://www.theverge.com/2024/8/26/24223957/apple-iphone-16-launch-event-date-glowtime">officially launch its AI-enabled iPhone model</a>, the iPhone 16, at the upcoming "It's Glowtime" event at its Cupertino, California headquarters on September 9. One of the most anticipated features of the iPhone 16 is its integration of advanced AI capabilities.
As AI becomes increasingly central to the functionality of smartphones, the iPhone 16 is expected to set a new standard in the industry.
AAPL had a challenging start to the year, with its stock declining by about 11% in the first quarter as Wall Street expressed concerns over sluggish iPhone sales and uncertainty surrounding the company's AI strategy. However, shares have recovered since it <a href="https://www.apple.com/newsroom/2024/06/introducing-apple-intelligence-for-iphone-ipad-and-mac/#:~:text=CUPERTINO%2C%20CALIFORNIA%20Apple%20today%20introduced,that's%20incredibly%20useful%20and%20relevant.">introduced Apple Intelligence</a> in June, the personal AI system for iPhone, iPad, and Mac.
Apple Intelligence is expected to drive a <a href="https://www.investopedia.com/iphone-16-with-ai-could-send-apple-market-cap-to-usd4-trillion-8674563">massive upgrade cycle</a>, with existing iPhone users trading in their older devices for newer, often more expensive models. According to Wedbush analysts, around 300 million existing iPhone owners have not upgraded their devices in over four years, positioning Apple to potentially sell upwards of 240 million iPhones in its 2025 fiscal year.
The upcoming iPhone launch in September represents Apple's major opportunity to generate excitement around Apple Intelligence on both Wall Street and Main Street before the new model hits the shelves ahead of the critical holiday shopping season.
Shares of AAPL have gained 5.4% over the past month and 25.3% over the past six months to close the last trading session at $222.77.
Let's look at factors that could influence AAPL's performance in the upcoming months.
Solid Financials
For the third quarter that ended June 29, 2024, AAPL's net sales increased 4.9% year-over-year to $85.78 billion. Its gross margin rose 9% from the year-ago value to $39.68 billion. Its operating income was $25.35 billion, up 10.2% year-over-year. Its net income grew 7.9% from the prior year's quarter to $21.45 billion.
In addition, the company's earnings per share were $1.40, an increase of 11.1% from the prior year's period. Apple's cash and cash equivalents totaled $25.57 billion as of June 29, 2024.
Optimistic Analyst Estimates
Analysts expect AAPL's revenue for the fourth quarter (ending September 2024) to grow 5.2% year-over-year to $94.14 billion. The consensus EPS estimate of $1.60 for the ongoing quarter indicates an improvement of 9.3% year-over-year. Further, the company has surpassed consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
For the fiscal year ending September 2024, Wall Street expects Apple's revenue and EPS to increase 1.9% and 9.2% from the previous year to $390.40 billion and $6.69, respectively. The company's revenue and EPS for the fiscal year 2025 are expected to grow 7.7% and 10.9% year-over-year to $420.29 billion and $7.42, respectively.
Impressive Historical Growth
AAPL's revenue has grown at a CAGR of 8.3% over the past five years. Its EBITDA has increased at a CAGR of 11.5% over the same period, and its levered free cash flow has grown at a CAGR of 14%. Furthermore, the company's net income and EPS have improved at CAGRs of 12.9% and 17.4% over the same timeframe, respectively.
Robust Profitability
AAPL's trailing-12-month EBIT margin of 31.27% is 539.5% higher than the 4.89% industry average. Its trailing-12-month <a href="https://www.investopedia.com/terms/e/ebitda-margin.asp">EBITDA margin</a> of 34.18% is 242.4% higher than the 9.98% industry average. Likewise, the stock's trailing-12-month net income margin of 26.44% is 601.3% higher than the industry average of 3.77%.
Furthermore, AAPL's trailing-12-month ROCE, ROTC, and ROTA of 160.58%, 44.66%, and 30.75% are significantly higher than the industry averages of 4.56%, 2.67%, and 2.10%, respectively. The stock's trailing-12-month levered FCF margin of 22.34% is 111.6% higher than the industry average of 10.56%.
POWR Ratings Reflect Promise
AAPL's sound fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. AAPL has an A grade for Quality, consistent with higher-than-industry profitability.
Within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry, AAPL is ranked #17 out of 40 stocks.
Beyond what I have stated above, we have also given AAPL grades for Value, Sentiment, Momentum, and Stability. Get all AAPL ratings <a href="https://stocknews.com/stock/AAPL/">here</a>.
Bottom Line
As AAPL prepares to unveil the iPhone 16, the stakes are high, not just for the product itself but for the tech giant's overall market performance. The potential of AI-enabled features in this new launch to drive consumer demand, coupled with a large base of potential upgraders and a market eager for AI innovation, creates a ripe environment for stock gains.
Given robust financials, favorable analyst estimates, and a bright long-term outlook, AAPL could be an ideal investment for solid returns.
How Does Apple Inc. (AAPL) Stack Up Against Its Peers?
While AAPL has an overall POWR Rating of B, investors could also check out these other stocks within the <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry with an A (Strong Buy) rating: Canon Inc. ADR (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>), Seiko Epson Corporation (<a href="https://stocknews.com/stock/SEKEY/">SEKEY</a>), and AstroNova, Inc. (<a href="https://stocknews.com/stock/ALOT/">ALOT</a>).
To explore more A or B-rated tech hardware stocks, <a href="https://stocknews.com/category/technology-hardware/">click here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

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AAPL shares were trading at $219.76 per share on Wednesday morning, down $3.01 (-1.35%). Year-to-date, AAPL has gained 14.58%, versus a 17.34% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Mangeet Kaur Bouns</h2> <img src='https:/wp-content/uploads/2022/01/Mangeet-Kaur-Bouns_Image-4.jpg' style="float:left; padding:5px;width:125px;">Mangeet's keen interest in the stock market led her to become an investment researcher and financial journalist. Using her fundamental approach to analyzing stocks, Mangeet's looks to help retail investors understand the underlying factors before making investment decisions.<a href="https://stocknews.com/authors/?author=mangeet-kaurbouns">More...</a>The post <a href=https://stocknews.com/news/aapl-alot-sekey-cajpy-is-apples-upcoming-iphone-launch-a-catalyst-for-stock-gains/>Is Apple's Upcoming iPhone Launch a Catalyst for Stock Gains?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Is Apple's Upcoming iPhone Launch a Catalyst for Stock Gains?

The tech industry is poised for a significant surge in sales during the holiday season, primarily fueled by demand for popular gadgets and tech gifts. Hence, it could be wise to buy top consumer tech stocks, Amazon.com (AMZN), HP Inc. (HPQ), and Canon (CAJPY). Read more... The combination of innovative product launches, holiday promotions, and the ongoing consumer interest in smart gadgets positions the tech industry for a strong sales performance during the holiday season. Therefore, we look into sound consumer tech giants, such as Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>), HP Inc. (<a href="https://stocknews.com/stock/HPQ/">HPQ</a>), and Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>).
The number and value of online sales are on an upward trajectory. In fact, in 2024, <a href="https://www.tidio.com/blog/online-shopping-statistics/">global e-commerce sales will likely surpass $7 trillion in value</a>. This growth is being fueled by a number of factors, including the rise of mobile shopping, the growth of social media, and the increasing popularity of subscription services.
Moreover, retailers typically offer significant holiday discounts, especially during events like Black Friday and Cyber Monday, driving consumers to upgrade or purchase tech products as gifts. According to recent data from 1,000 U.S. adults and Vericast's 2024 Holiday Retail TrendWatch, <a href="https://www.prnewswire.com/news-releases/the-2024-holiday-season-will-be-a-battle-of-saving-versus-spending-according-to-data-from-vericast-302193746.html">41% of consumers are planning</a> to splurge on gifts for themselves this holiday season.
Thus, keeping the holiday season in mind, let us dig deeper into the fundamentals of the featured consumer tech giants in detail:
Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>)
AMZN is a global giant in the retail sector, offering consumer products, advertising, and subscription services through online and physical stores across North America and international markets. The company operates through three segments: North America; International; and Amazon Web Services (AWS).
On July 18, AMZN announced record-breaking sales from its biggest Prime Day event ever. Prime members took advantage of millions of deals over 35 categories, saving billions in the process. The company's new AI-powered shopping assistant, Rufus, also helped millions of customers navigate the vast selection quickly and easily.
Over the 48-hour event, small and medium-sized businesses sold more than 200 million items. The event also led to a surge in Prime memberships, with millions of new members signing up in the weeks leading up to Prime Day.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> margin, AMZN's 7.35% is 59.3% higher than the 4.62% industry average. Similarly, its 9.79% trailing-12-month levered FCF margin is 82.2% higher than the industry average of 5.38%. Also, its trailing-12-month ROCE of 21.93% compares to the industry average of 11.53%.
For the second quarter of 2024, which ended on June 30, AMZN's total net sales increased 10.1% year-over-year to $147.98 billion, while the operating income stood at $14.67 billion, up 91% year-over-year. Its net income amounted to $13.48 billion, representing an increase of 99.8% from the last year. Also, the company's EPS for the quarter increased 93.8% year-over-year to $1.26.
Street expects AMZN's revenue and EPS for the fiscal third quarter (ending September 2024) to increase 9.9% and 20.5% year-over-year to $157.27 billion and $1.13, respectively. In addition, it surpassed the consensus EPS estimates in each of the trailing four quarters, which is excellent.
Shares of AMZN have gained 19.7% over the past nine months to close the last trading session at $173.33.
AMZN's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
AMZN has an A grade for Sentiment and a B for Momentum and Quality. It is ranked #14 out of 52 stocks in the B-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry. <a href="https://stocknews.com/stock/AMZN/">Click here</a> to see the additional ratings for AMZN (Growth, Value, and Stability).
HP Inc. (<a href="https://stocknews.com/stock/HPQ/">HPQ</a>)
HPQ provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services worldwide. The company operates through three segments: Personal Systems; Printing; and Corporate Investments.
For the third quarter that ended July 31, 2024, HPQ's total net revenue increased 2.4% year-over-year to $13.52 billion. The company's non-GAAP earnings from operations stood at $1.09 billion. Furthermore, the company's non-GAAP net earnings came in at $819 million or $0.83 per share.
Analysts expect HPQ's revenue and EPS for the fourth quarter (ending October 2024) to increase 1.7% and 3.7% year-over-year to $14.05 billion and $0.93, respectively.
HPQ's shares have gained 21.6% over the past six months and 16.3% over the past year to close the last trading session at $35.33.
HPQ's solid fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which equates to a Buy in our proprietary rating system.
It has a B grade for Quality and Value. The stock is ranked #12 out of 40 stocks in the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry.
<a href="https://stocknews.com/stock/hpq/">Click here</a> to access the additional HPQ ratings (Growth, Momentum, and Stability).
Canon Inc. (<a href="https://stocknews.com/stock/CAJPY/">CAJPY</a>)
Headquartered in Tokyo, Japan, CAJPY is a global manufacturer and seller of office multifunction devices, printers, cameras, medical equipment, and lithography equipment. It operates through its Printing Business Unit; Imaging Business Unit; Medical Business Unit; Industrial Business Unit; and Others segments.
CAJPY's trailing-12-month EBIT margin of 9.26% is 89.3% higher than the industry average of 4.89%. Its trailing-12-month Return on Total Capital of 5.72% is 114.3% higher than the industry average of 2.67%.
During the second quarter, which ended June 30, 2023, CAJPY's sales increased 14.7% from the previous year's quarter to ¥1.17 trillion ($8.09 billion). Its operating profit increased 28.3% year-over-year to ¥118.39 billion ($818.42 million). The company's net income attributable to owners of parent grew 37.4% year-over-year to ¥89.86 billion ($621.20 million).
Street anticipates CAJPY's revenue to surge by 13.3% year-over-year to $7.73 billion for the third quarter ending September 2024. The stock has gained 16.4% over the past six months and 39.8% over the past year to close the last trading session at $34.32.
CAJPY's POWR Ratings reflect bright prospects. The stock has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
The stock has a B grade for Stability and Quality. It is ranked #4 in the 40-stock Technology - Hardware industry.
Beyond what is stated above, we've also rated CAJPY for Momentum, Sentiment, Growth, and Value. Get all CAJPY ratings <a href="https://stocknews.com/stock/CAJPY/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

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AMZN shares were trading at $177.53 per share on Thursday afternoon, up $4.20 (+2.42%). Year-to-date, AMZN has gained 16.84%, versus a 16.52% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/amzn-hpq-cajpy-3-consumer-tech-stocks-to-buy-as-holiday-gifts-drive/>3 Consumer Tech Stocks to Buy as Holiday Gifts Drive Sales</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Consumer Tech Stocks to Buy as Holiday Gifts Drive Sales

Canon: Mixed Takeaways From Corporate Restructuring, Capital Return Plans (Rating Downgrade)

Japan appears to be on the path of a sustainable rebound – Vanguard

ASML Holding: Why I'd Pay $500

AAPL

ALOT

AMBP

AMZN

ARCH

ARGX

ASML

BBJP

BDRBF

BRDCY

CAJFF

CAJPY

CARR

CBRE

COOP

DASTY

DBJP

DXJS

ENLAY

ESLOF

EWJV

FLJH

FLJP

HEWJ

IMAX

INTC

ITGR

JPXN

LADR

LNVGY

MUFG

NDAQ

NINOF

NJDCY

NSANY

NSRGY

NTCT

NVCR

NYCB

PCRFF

POOL

SEKEY

SONY

SOXX

Canon

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