Fabrinet Wows Wall Street, But Shares Slide On Mixed Outlook
Fabrinet's Q3 FY25 Results: Fabrinet reported third-quarter revenue of $871.8 million and adjusted EPS of $2.52, both exceeding expectations. The company anticipates fourth-quarter revenue between $860 million and $900 million, also above market forecasts.
Analyst Outlook: Analyst Mike Genovese raised the price target for Fabrinet from $230 to $250, citing a strong outlook in the Telecom sector and potential benefits from contracts with major companies, despite expected weaker performance in the Datacom segment.
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Analyst Views on PSC
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ETF Inflow Update: PSC, NXT, STRL, INOD
Stock Performance: PSC's share price is currently at $56.91, with a 52-week low of $42.36 and a high of $58.24, indicating a relatively stable performance within this range.
ETFs Overview: Exchange traded funds (ETFs) function like stocks, allowing investors to buy and sell "units" that can be created or destroyed based on demand, impacting the underlying assets.
Market Monitoring: Weekly monitoring of shares outstanding in ETFs helps identify significant inflows (new units created) or outflows (units destroyed), which can influence the individual components of the ETFs.
Author's Perspective: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
Notable ETF Outflow Detected - PSC, DAVE, RELY, PAGS
Stock Performance Overview: PSC's stock has a 52-week range of $42.36 to $57.24, with the last trade at $50.31, indicating a potential analysis opportunity using the 200-day moving average.
ETFs Trading Dynamics: ETFs function like stocks but involve trading "units" that can be created or destroyed based on investor demand, affecting the underlying holdings and market flows significantly.
Surprising Analyst 12-Month Target For PSC
ETF Analysis: The Principal US Small-Cap ETF (PSC) has an implied analyst target price of $61.57, indicating a potential upside of 26.06% from its current trading price of $48.84.
Individual Holdings Upside: Notable underlying holdings such as OraSure Technologies, Columbus McKinnon Corp., and Planet Labs show significant upside potential, with expected increases of 132.97%, 108.47%, and 70.23% respectively based on average analyst target prices.
Fabrinet Wows Wall Street, But Shares Slide On Mixed Outlook
Fabrinet's Q3 FY25 Results: Fabrinet reported third-quarter revenue of $871.8 million and adjusted EPS of $2.52, both exceeding expectations. The company anticipates fourth-quarter revenue between $860 million and $900 million, also above market forecasts.
Analyst Outlook: Analyst Mike Genovese raised the price target for Fabrinet from $230 to $250, citing a strong outlook in the Telecom sector and potential benefits from contracts with major companies, despite expected weaker performance in the Datacom segment.
Axos Financial 'Ahead of Its Time,' Analyst Applauds Digital-First Strategy
Analyst Coverage: Needham analyst Kyle Peterson has initiated coverage on Axos Financial, Inc. with a Buy rating and a price target of $82.00, highlighting the company's digital-first strategy and full banking license as key factors for profitability and market expansion.
Financial Performance: Axos Financial is projected to achieve strong earnings per share (EPS) of $7.05 in 2025 and $7.40 in 2026, supported by its efficient growth model and robust underwriting performance, while shares have recently increased by 5.25% to $63.58.
ETF Inflow Update: PSC, NXT, STRL, INOD
Stock Performance: PSC's share price is currently at $56.91, with a 52-week low of $42.36 and a high of $58.24, indicating a relatively stable performance within this range.
ETFs Overview: Exchange traded funds (ETFs) function like stocks, allowing investors to buy and sell "units" that can be created or destroyed based on demand, impacting the underlying assets.
Market Monitoring: Weekly monitoring of shares outstanding in ETFs helps identify significant inflows (new units created) or outflows (units destroyed), which can influence the individual components of the ETFs.
Author's Perspective: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
Notable ETF Outflow Detected - PSC, DAVE, RELY, PAGS
Stock Performance Overview: PSC's stock has a 52-week range of $42.36 to $57.24, with the last trade at $50.31, indicating a potential analysis opportunity using the 200-day moving average.
ETFs Trading Dynamics: ETFs function like stocks but involve trading "units" that can be created or destroyed based on investor demand, affecting the underlying holdings and market flows significantly.
Surprising Analyst 12-Month Target For PSC
ETF Analysis: The Principal US Small-Cap ETF (PSC) has an implied analyst target price of $61.57, indicating a potential upside of 26.06% from its current trading price of $48.84.
Individual Holdings Upside: Notable underlying holdings such as OraSure Technologies, Columbus McKinnon Corp., and Planet Labs show significant upside potential, with expected increases of 132.97%, 108.47%, and 70.23% respectively based on average analyst target prices.
Fabrinet Wows Wall Street, But Shares Slide On Mixed Outlook
Fabrinet's Q3 FY25 Results: Fabrinet reported third-quarter revenue of $871.8 million and adjusted EPS of $2.52, both exceeding expectations. The company anticipates fourth-quarter revenue between $860 million and $900 million, also above market forecasts.
Analyst Outlook: Analyst Mike Genovese raised the price target for Fabrinet from $230 to $250, citing a strong outlook in the Telecom sector and potential benefits from contracts with major companies, despite expected weaker performance in the Datacom segment.
Axos Financial 'Ahead of Its Time,' Analyst Applauds Digital-First Strategy
Analyst Coverage: Needham analyst Kyle Peterson has initiated coverage on Axos Financial, Inc. with a Buy rating and a price target of $82.00, highlighting the company's digital-first strategy and full banking license as key factors for profitability and market expansion.
Financial Performance: Axos Financial is projected to achieve strong earnings per share (EPS) of $7.05 in 2025 and $7.40 in 2026, supported by its efficient growth model and robust underwriting performance, while shares have recently increased by 5.25% to $63.58.
