By Josh Steiner
PRA Group (NASDAQ:PRAA) calls itself "a global leader in acquiring and collecting nonperforming loans." The irony isn't lost on us. After reporting fourth quarter earnings, it would appear as though many of the debt collector's loans remain nonperforming.
In fact, it's our contention that a growing portion of these loans won't be paid back at all.
With allowance charges rising - a fancy way of saying the portion of the purchased receivables that may ultimately be uncollectible - profitability of the $1.4 billion debt collector will remain severely challenged over the coming quarters.
Top 5 Performing Stocks To Watch For 2019: Extreme Networks Inc.(EXTR)
Advisors' Opinion:- [By Shane Hupp]
Allot Communications (NASDAQ: ALLT) and Extreme Networks (NASDAQ:EXTR) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.
- [By Shane Hupp]
Los Angeles Capital Management & Equity Research Inc. lowered its stake in Extreme Networks, Inc (NASDAQ:EXTR) by 4.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,102 shares of the technology company’s stock after selling 6,640 shares during the quarter. Los Angeles Capital Management & Equity Research Inc.’s holdings in Extreme Networks were worth $1,020,000 as of its most recent SEC filing.
- [By Anders Bylund]
Shares of Extreme Networks (NASDAQ:EXTR) dropped 36.4% lower in the first half of 2018, according to data from S&P Global Market Intelligence. Following a string of rock-solid earnings reports in 2017, the enterprise networking specialist failed to impress investors in February's second-quarter report and May's third-quarter sequel.
- [By Lisa Levin]
Some of the stocks that may grab investor focus today are:
Wall Street expects Booking Holdings Inc. (NASDAQ: BKNG) to post quarterly earnings at $10.67 per share on revenue of $2.87 billion after the closing bell. Booking Holdings shares gained 0.99 percent to $2,183.00 in after-hours trading. Tripadvisor Inc (NASDAQ: TRIP) reported stronger-than-expected results for its first quarter on Tuesday. Tripadvisor shares climbed 20.55 percent to $46.75 in the after-hours trading session. Analysts are expecting Anheuser-Busch InBev SA/NV (NYSE: BUD) to have earned $0.89 per share on revenue of $13.06 billion in the latest quarter. Anheuser-Busch will release earnings before the markets open. Anheuser-Busch shares gained 0.77 percent to $99.00 in after-hours trading. Extreme Networks, Inc (NASDAQ: EXTR) reported downbeat earnings for its third quarter and issued weak Q4 guidance. Extreme Networks shares fell 28.51 percent to $8.40 in the after-hours trading session. Before the opening bell, Ameren Corporation (NYSE: AEE) is projected to report quarterly earnings at $0.57 per share on revenue of $1.55 billion. Ameren shares dropped 2.78 percent to close at $56.91 on Tuesday.Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
- [By Billy Duberstein]
Extreme Networks (NASDAQ:EXTR) is a small-cap networking company in the midst of a transformation. Last year, there was considerable excitement around the company's growth-via-acquisition strategy, and the stock rose 148% in 2017.
Top 5 Performing Stocks To Watch For 2019: Raytheon Company(RTN)
Advisors' Opinion:- [By ]
Raytheon Co. (RTN) is well positioned to capitalize on missile orders given it has the highest exposure to missile defense and tactical missile sales to the Middle East, Bernstein said. Lockheed Martin Corp. (LMT) also stands to benefit in this light.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Raytheon (RTN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By ]
Cramer and the AAP team say that the president's moves on behalf of Boeing (BA) signal good times for defense names, including Raytheon (RTN) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.
- [By ]
In the Lightning Round, Cramer was bullish on Bank of Internet (BOFI) , MGM Resorts (MGM) , Verizon (VZ) , Chipotle Mexican Grill (CMG) , Oracle (ORCL) , Salesforce.com (CRM) , PayPal (PYPL) , Raytheon (RTN) and McDonald's (MCD) .
- [By Lou Whiteman]
This week's episode of Industry Focus: Energy is all about big defense -- the companies behind things like missiles, ships, and intelligence services. Host Michael Douglass and Motley Fool contributor Lou Whiteman run through the latest earnings reports from Lockheed (NYSE:LMT), Raytheon (NYSE:RTN), General Dynamics (NYSE:GD), and Northrop Grumman (NYSE:NOC).
- [By A.J. Bursick]
Tensions on the Korean Peninsula – the same tensions that have caused defense darlings like Boeing Co. (NYSE: BA) and Raytheon Co. (NYSE: RTN) to crush the Dow Jones' gains four times over in the past five years – aren't going anywhere any time soon.
Top 5 Performing Stocks To Watch For 2019: Qualys, Inc.(QLYS)
Advisors' Opinion:- [By Motley Fool Transcribers]
Qualys Inc (NASDAQ:QLYS)Q4 2018 Earnings Conference CallFeb. 12, 2019, 5:00 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Shane Hupp]
TRADEMARK VIOLATION WARNING: “Stock Traders Buy Large Volume of Qualys Call Options (QLYS)” was published by Ticker Report and is the property of of Ticker Report. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this piece of content can be read at https://www.tickerreport.com/banking-finance/4147960/stock-traders-buy-large-volume-of-qualys-call-options-qlys.html.
- [By Jon C. Ogg]
Qualys Inc. (NASDAQ: QLYS) was up 1.7% at $96.41 ahead of earnings, but the guidance had the shares down almost 16% at $81.00 on Wednesday morning. JPMorgan downgraded it to Underweight from Neutral and cut the price target to $82 from $90. Wedbush maintained its Outperform rating with a $95 price target, but noted that guidance was nothing to write home about and addresses whether guidance was conservative or if there is a slowing demand.
- [By Joseph Griffin]
Fiera Capital Corp lessened its position in Qualys Inc (NASDAQ:QLYS) by 11.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 118,581 shares of the software maker’s stock after selling 15,347 shares during the quarter. Fiera Capital Corp owned approximately 0.30% of Qualys worth $8,627,000 at the end of the most recent reporting period.
- [By ]
In the Lightning Round, Cramer was bullish on Align Technology (ALGN) , Regions Financial (RF) , Edwards Lifesciences (EW) , Qualys (QLYS) and HEICO (HEI) .
Top 5 Performing Stocks To Watch For 2019: MAM Software Group, Inc.(MAMS)
Advisors' Opinion:- [By Stephan Byrd]
B. Riley reiterated their neutral rating on shares of MAM Software Group (NASDAQ:MAMS) in a research report sent to investors on Thursday morning.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on MAM Software Group (MAMS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
News coverage about MAM Software Group (NASDAQ:MAMS) has trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. MAM Software Group earned a news impact score of 0.04 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 44.8819326255956 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on MAM Software Group (MAMS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Performing Stocks To Watch For 2019: Blackrock MuniYield Fund, Inc.(MYD)
Advisors' Opinion:- [By Max Byerly]
Blackrock Muniyield Fund Inc. (NYSE:MYD) announced a monthly dividend on Thursday, September 6th, Wall Street Journal reports. Stockholders of record on Friday, September 14th will be given a dividend of 0.061 per share by the financial services provider on Monday, October 1st. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date of this dividend is Thursday, September 13th.
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