Looking at top Wall Street opinions, MGIC Investment Corporation (NYSE: MTG) has recently made its way into the research list of Compass Point – signaling that their analyst’s rating adjustment is noteworthy. This stock was Reiterated to a rating of Buy in the eyes of Compass Point, as reported on Monday, October 22nd, 2018. Another heavy-hitting research note was published by BofA/Merrill on Wednesday June 13th, 2018, with this firm downgrading MTG to an updated rating of Underperform from its previous rating of Neutral. In the past six months and three months of trading, shares of MGIC Investment Corporation (MTG) have moved by 12.10% and 9.62%, respectively.
Brokerage Updates Related to MGIC Investment Corporation (MTG) Stock
This publicly-traded organization generated losses of -0.86% over the last 5 sessions. Right now, this stock is the subject of 12 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 1 have given an underperform rating, 0 has given a sell rating, and 4 have given a rating of Buy or better. Based on the 12 stock market experts following this company, the average 12-month price target is $16.71. Moreover, individual price targets range between $13.50-$18.00. With its recent move to $17.50, we can see that these firms project this stock will gain by 32.76% in one year.
Updates from MGIC Investment Corporation (MTG) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 1.30% rise since the beginning of the calendar year. A Director at MGIC Investment Corporation (MTG) bought some of its shares in a transaction that was finalized on Oct 26.
MGIC Investment Corporation (NYSE:MTG) Results in the Pipeline
The next scheduled release of financial results for MGIC Investment Corporation will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.39. In the same vein, they expect sales for the quarter to amount to $286.01 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $291.65 million in revenue alongside EPS at $0.42. On average, the analyst projection was calling for $285.63 million with $0.42 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $290.45 million, with earnings per share ending up at $0.49.
Vipshop Holdings Limited (NYSE:VIPS) experienced a gain of 1.96% from the closing price in the previous trading day. That boost the price to $8.33 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 7,210,690 shares of stock – compared to the typical average of 8.78M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $7.40.
Pricing Indications for Vipshop Holdings Limited (VIPS)
This organization has had a price-to-earnings ratio of 19.02 in the last year. Meanwhile, it gained 8.04 from its observable 50-day simple moving average. Right at this moment, the per-share value is 22.50% higher than the mean per-share price over the last 200 days in the market.
Vipshop Holdings Limited (NYSE:VIPS) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 2 have a sell rating, 4 have a Buy rating, 5 have an outperform rating, while 10 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 2 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.90, based on information from Thomson Reuters.
VIPS Stock Value Potential
In trading activity as of late, this stock’s value was 6.79 up from its 200 day moving average, while also 3.66% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $5.50-$11.00. The market value for the entire organization reached 5.59B. In the last trading session, the price ended the day at $8.17. The institutional holdings related to this organization account for 6.35%, and the Beta factor is now 1.91. This company’s RSI (Relative Strength Index) managed to hit 50.63.
Vipshop Holdings Limited (NYSE:VIPS) Analyst Points of Focus
Vipshop Holdings Limited (VIPS) has found itself inside of JP Morgan’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Overweight, compared to its previous rating of Neutral by JP Morgan, as garnered from a news report on Tuesday April 30th, 2019. An additional helpful research note was sent out by UBS’s on Monday April 22nd, 2019. The brokerage decided to downgrade VIPS to Sell from its previous rating of Neutral.