Shares Outstanding Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. For companies with multiple common share classes, market capitalization includes both classes. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. Market Capitalization Reflects the total market value of a company. Earnings Per Share (TTM) A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding. Thursday’s $116.57 close up over 4% on the day after the announcement of big AI integrations.P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period. Its $145 target price is well above the $129.76 consensus target. ( NASDAQ: GOOGL): Oppenheimer reiterated an Outperform rating. Thursday’s final trade was for $35.33 a share.Īlphabet Inc. ( NYSE: AA): Credit Suisse raised its Neutral rating to Outperform with a $50 target price. The company crushed earnings estimates last week.Īlcoa Corp. The stock closed up 2% on Thursday at $198.43. Its $270 price target is higher than the consensus target of $256.59. ( NYSE: ALB): KeyBanc Capital Markets upgraded the stock to Overweight from Sector Weight. These are the top analyst upgrades, downgrades and initiations seen on Friday, May 12, 2023.Īlbemarle Corp. Consensus analyst target data is from Refinitiv. Remember that no single analyst call should ever be used as a basis to buy or sell a stock. Other calls cover stocks to sell or avoid. Some of these daily analyst calls cover stocks to buy. reviews dozens of analyst research reports each day of the week with a goal of finding fresh ideas for investors and traders alike. The cryptocurrency giant has tumbled almost 11% since printing a 2023 high of $30,506 on April 14.Ģ4/7 Wall St. Gold finished Thursday lower at $2,020, while Bitcoin closed down almost 3% at $26,893. Natural gas was modestly lower, finishing flat at $2.19. Top analysts cited the ongoing short-seller attack on the sector as one reason for weakness in the past two sessions. The 10-year note closed at 3.40%, while the two-year finished at 3.90%, keeping the inversion intact.īrent and West Texas Intermediate crude both closed modestly lower Thursday, despite former President Trump saying he will “Drill Baby, Drill” if elected. Bond traders have pointed out that the Federal Reserve’s higher-for-longer mantra likely will stand through the rest of the year, and with pricing power fading, the economy could stumble for the rest of 2023. Treasury yields were down across the curve for the second day in a row, as investors continue to seek safe havens for capital. Moreover, the odds that rates will be increased again in June are rising. Toss in the highest first-time unemployment claims in 19 months and the ongoing debt limit issues, and many investors are starting to worry that it could be a long summer. ![]() All the major indexes except the Nasdaq tumbled Thursday after more bank worries spread, with PacWest once again the target, falling a stunning 30% at one point after reporting it had lost almost 10% of the bank’s deposits in the past week. ![]() The futures were trading higher as we prepare to end a crazy back-and-forth week on Wall Street.
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