LOGI Stock Forecast: Growth During the Pandemic Period Enables $162 Outlook for 2022

Emily_portraitThis LOGI stock forecast article was written by Emily Adelson – Analyst at I Know First.

Highlights:

  • Logitech Inc has experienced rapid growth in the last few years, most significantly with their stock growth by over 135% percent in the past fiscal year alone, discussed below. 
  • Over the last fiscal year, the Logitech stock grew by 76%, and revenue doubled reaching 1.46 billion
  • Logitech's recent acquisition of Streamlands and Sync has resulted in major growth within the company
  • My predicted stock price for June 2022 is $161.51, because of the growing demand for computer accessories as a result of the work-from-home environment. 

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Apple Stock Forecast: 2020 Remains A Prosperous Year for AAPL Stock

Habiba MohamedThis Apple stock forecast article was written by Habiba Mohamed – Junior Analyst at I Know First.

Summary:

  • Apple showed robust returns in the Q3 financial statement showing an increase of 11% from the year-go quarter
  • A stock split in AAPL stocks is helping in boosting the desire of buying Apple shares
  • 5G initiation is the biggest innovation in phones’ history, that will result in an increase in the AAPL stock price 

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Winning Stock Forecast: Super Micro Computer, Inc. (NASDAQ: SMCI) Returns up to 27.70% in 3 days

 

[Image Source: Wikimedia]

Super Micro Computer, Inc., together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. It offers a range of server, storage, blade, workstation, and full rack solutions, as well as networking devices, server management software, and technology support and services. The company also provides a range of application optimized server solutions, including rackmount and blade server systems; and server subsystems and accessories comprising server boards, and chassis and power supplies, as well as other system accessories, including microprocessors, and memory and disc drives. In addition, it provides customer support services and hardware enhanced services. The company offers its products to data center, cloud computing, enterprise IT, big data, high performance computing, and Internet of Things/embedded markets. It sells its server systems, and server subsystems and accessories through direct sales force, as well as through distributors that comprise value added resellers and system integrators, and OEMs. The company has operations primarily in San Jose, California; the Netherlands; Taiwan; China; and Japan. Super Micro Computer, Inc. was founded in 1993 and is headquartered in San Jose, California.

[Image Source: Wikimedia]

Over the 3 days after I Know First issued a bullish short term forecast for SMCI on May 4, 2018, Super Micro Computer’s stock price jumped from $19.90 to $24 per share, outperforming the market by about 14%. What happened that drove the growth? The reason lies in the company’s 3Q financial statements.

On May 3rd, 2018 Super Micro Computer, Inc. announced their Q3 fiscal 2018 financial statements with the following highlights:

  • Net sales in a range of $785 million to $795 million compared to its previous guidance range of $700 million to $780 million
  • GAAP gross margin in the range of 13.0% to 13.2%
  • GAAP fully diluted earnings per share in the range of $0.28 to $0.32
  • Q4 Fiscal 2018 Guidance

The GAAP gross margin range of 13.0% to 13.2% that the Company expects to report includes stock-based compensation of $0.4 million and accelerated building depreciation expense of $2.6 million. The GAAP fully diluted earnings per share range of $0.28 to $0.32 that the Company expects to report includes stock-based compensation expense of $6.1 million, Audit Committee investigation expense of $9.5 million, and accelerated building depreciation expense of $2.6 million. At March 31, 2018, total cash, cash equivalents and short-term investments was $136.0 million and bank debt was $186.3 million.

As for the Q4 Fiscal 2018 Guidance, the Company expects net sales in a range of $800 million to $860 million for the fourth quarter of fiscal year 2018 ending June 30, 2018.

I Believe that the increased revenues in the Q3 and the Q4 guidance that were announced are the main reason for the company’s growth during the 3-day time period.

From the above data one can see that Super Micro Computer, Inc. increased its share value by about 14% after announcing their successful Q3 fiscal 2018.

On May 4th, 2018 I Know First issued a bullish 3 days forecast for Quick Win by the Algorithm: Super Micro Computer, Inc. (NASDAQ: SMCI). The forecast illustrated a signal of 3.35 and a predictability of 0.07. In accordance with the forecast, SMCI’s stock returned 27.70% over this period, highlighting the accuracy of the prediction produced by the I Know First algorithm.

Current I Know First subscribers received this bullish SMCI forecast on May 4, 2018

To subscribe today click here.

How to read the I Know First Forecast

Disclaimer

Before making any trading decisions, consult the latest forecast as the algorithm updates predictions daily. You can use the algorithm for intra-day trading. The predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

 

Amazon.com Inc. (NASDAQ: AMZN): Most Valuable Brand of 2018

“The AWS services are by far the most evolved and most functionality-rich. AWS lets developers do more and be nimbler, and it continues to get even better every day. That’s why you’re seeing this remarkable acceleration in AWS growth, now for two quarters in a row.”

– said Jeff Bezos, Amazon founder and CEO

[Image Source: Creative Commons Images]

 Summary:

  • Q1 report and forward outlook for 2018
  • Expanding Plans for 2018
  • Most Valuable Brand Ranking of 2018
  • Valuation Analysis
  • About Amazon.com

During the year of 2017 Amazon.com experienced a cash flow increased 4% to $18.2 billion for the trailing twelve months, compared with $17.5 billion for the trailing twelve months ended March 31, 2017. Amazon.com managed to improve its financial positions and is expected to continue growing in 2018.

On April 26, 2018, Amazon.com announced its first quarter report for 2018. Net sales increased 43% to $51.0 billion in Q1, compared with $35.7 billion in Q1 of 2017. Operating income increased 92% to $1.9 billion, compared with operating income of $1.0 billion in first quarter 2017.Net income was $1.6 billion in Q1, or $3.27 per diluted share, compared with net income of $724 million, or $1.48 per diluted share, in Q1 of 2017.

Second Quarter 2018 Guidance and outlook

Net sales are expected to be between $51.0 billion and $54.0 billion, or to grow between 34% and 42% compared with second quarter 2017. This guidance anticipates a favorable impact of approximately $1.2 billion or 320 basis points from foreign exchange rates.
Operating income is expected to be between $1.1

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Stock Forecast: Has ULTA Stock Become Overvalued from Short-Term Meager Growth? 

 

This article was written by Esther Hanon, a Financial Analyst at I Know First.

 

 

[Source: Downtown Summerlin, May 8th 2018]

“Looking ahead to 2018, we are deploying a portion of the tax reform benefits to invest in our people and accelerate investments to drive growth and innovation,”

---Mary Dillon, CEO of ULTA Beauty

Stock Forecast: ULTA Beauty's Aim to Surpass Competition in the E-Commerce Realm

Summary:

  • Thus far, ULTA's shares have outperformed the market by 24%; however, shares are still trading almost 20% below their 52-week highs.
  • ULTA is evolving their marketing strategy to compete in such a competitive saturated market of beauty care
  • Comps are slowing, but underlying business still looks strong.
  • ULTA seemingly is overvalued, although some analysts postulate the company is headed in an upward trajectory in the coming years.
  • Tax reform will provide a boost.

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Apple Stock Forecast: There’s A $100 Billion Reason To Stay Long Apple

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First.

Apple Stock Forecast: There's A $100 Billion Reason To Stay Long Apple

Summary:

  • Staying long AAPL is safe and smart. Apple has tons of cash and the revenue from its Services segment is growing.
  • Apple has allocated $100 billion to share repurchase. With this massive budget for share buyback, AAPL is likely to post a new 52-week high.
  • Apple will also increase its dividend payments by 16%
  • My 12-month PT for Apple stock is $188. The TipRanks-tracked Wall Street analysts have a median 12-month PT of $190.79 for Apple.
  • The iPhone business will remain healthy for many years to come. The very expensive iPhone X remains Apple’s best-selling smartphone this year.

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Quick Win by the Algorithm: Legacy Reserves LP (NASDAQ: LGCY) Returns up to 29.53% in 1 month

Legacy Reserves LP acquires and develops oil and natural gas properties primarily in the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent regions of the United States. As of December 31, 2017, the company owned interests in producing oil and natural gas properties in 606 fields comprising 10,492 gross productive wells, including 3,497 operated and 6,995 non-operated wells located in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma, and other states. It had proved reserves of approximately 180.0 million barrels of crude oil equivalent. Legacy Reserves LP was founded in 2005 and is headquartered in Midland, Texas.

[Image Source: Legacy Official Website]

Over the 1 month after I Know First issued its forecast on March 25, 2018, Legacy Reserves’s stock price jumped from $4.51 to $5.81 per share, outperforming the market by about 18%. What happened that drove the growth? The reason lies in the company’s Corporate Transition.

Legacy Reserves announcement that it would transition from an MLP to a C-Corp led the company to more than 11% rise on March 26, 2018. To enable the move, investors will receive one share of New Legacy’s common stock for each unit currently owned. In addition to that, the company will also convert its outstanding preferred shares into common stock. These moves will reduce complexity and enable the company to move forward with a simplified corporate structure. “As a result of the Transaction, Legacy will become a newly-traded C-Corp stock with a less complicated balance sheet and an enhanced opportunity to raise capital and grow the business”, Said Mr. Paul T. Horne, Chairman and Chief Executive Officer of Legacy’s general partner, commented.

I Believe that the Corporate Transition is the main reason for the company’s growth during the 1-month time period.

[Image Source: Yahoo Finance]

From the above data one can see that Legacy Reserves LP increased its share value by transitioning from an MLP to a C-Corp. In addition, the company has since April 12 a big market gap which gives it the market gain for these days.

On March 25, 2018 I Know First issued a bullish 1 month forecast for Legacy Reserves LP (NASDAQ: LGCY). The forecast illustrated a signal of 176.30 and a predictability of 0.45. In accordance with the forecast, LGCY’s stock returned 29.53% over this period, highlighting the accuracy of the prediction produced by the I Know First algorithm.

Current I Know First subscribers received this bullish LGCY forecast on March 25, 2018

To subscribe today click here.

How to read the I Know First Forecast

Disclaimer

Before making any trading decisions, consult the latest forecast as the algorithm updates predictions daily. You can use the algorithm for intra-day trading. The predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

Winning Stock Forecast: NSTG Stock Bullish After Q1 Results Expected to Slowly Ease Firm Out of Negative Earnings


Winning Stock Forecast:Image result for nanostring technologies

[Source: Princess Margaret Genomics Centre]

“The journey is never ending. There’s always gonna be growth, improvement, adversity; you just gotta take it all in and do what’s right, continue to grow, continue to live in the moment”
— Antonio Brown

Over the past few weeks, NanoString technologies demonstrated superb stock performance, as seen by their nearly 31% stock growth in a mere 2 weeks. During this time, NSTG stock jumped from $7.29 to $9.86, outperforming the market by 5%. Upon examining the drivers behind this impressive growth that occurred within the past two weeks, the following highlights and updates that shed light on the stock event:

  • NanoString Technologies will release first quarter 2018 financial results after the close of trading on Tuesday, May 8, 2018. Investor expectations are set higher than last year.
  • The company announced the launch of the Breast Cancer 360™ (BC 360) research panel, which provides a unique 360 degree view of a tumor, microenvironment and immune response for breast cancer.
  • NanoString Showcases Groundbreaking Body of Research at the 2018 Annual Meeting of the American Association for Cancer Research

 

NanoString Technologies, Inc., a provider of life science tools for translational research and molecular diagnostic products, today announced that the Company will release first quarter 2018 financial results after the close of trading on Tuesday, May 8, 2018. Company management will host a conference call beginning at 4:30pm ET to discuss those results and provide a business update. The latest earnings release for NanoString Technologies Inc’s was announced in December 2017, which showed that company earnings have become less negative compared to the previous year’s level — great news for investors. However, analysts’ outlook for the upcoming year seems pessimistic, with earnings becoming even more negative, generating -US$71.92M in 2019. However, earnings are expected to move into an upward direction, generating -US$61.01M in 2020, and -US$50.22M in 2021.

Profitability Analysis:

Several important technical indicators of NanoString Technologies, Inc. are now starting to make their way into the trading conversation. Every investor and other stake holder of the firm are most concerned at this time with its profitability. So to answer these concerns, financial ratio analysis and profitability ratios are used as tools to determine the company’s bottom line and its return to its investors.

To start, we can focus on ordinary profitability ratio which covers margins. NSTG has a profit margin of -37.90%. It has gross profit margin ratio of 72.30% for trailing twelve months and operating margin is calculated as -33.20%; these are better detectors to find consistency or positive/negative trends in a firm’s earnings. The company had Return on equity of -129.90% in last 12 months period. Return on assets ratio of the Company was -32.10%. Its return on investment ratio was -0.80% in the trailing 12 months period. The Company’s sales have grown at an average annualized rate of about 38.00% during the past five years. For the past 5 years, The Company’s EPS growth has been nearly 67.80%. Analyst established EPS growth expected to grow of 89.40% for this year and EPS growth for next year is likely to attain at 22.30%. Looking about the past performance history, the company plunged -2.48% for the last five trades and expanded 37.39% in one month period. The stock improved 6.73% during the past three month period and decreased -14.15% in a mere half year. During the yearly overview it downgraded -48.11% and showed 21.02% year to date performance. Therefore, the upper calculated figures are representing the firm’s ability to translate sales dollars into profits at various stages of measurement. The gross margin figure of the firm looks at how well a company controls the cost of its inventory and the manufacturing of its products and subsequently pass on the costs to its consumers.

Following in line of profitability ratio analysis, the second part is stock returns analysis. The returns on investment amplifies the findings found before, as the firm’s ROI concludes as -0.80% — it gives an idea for personal financial decisions, to compare a firm’s profitability or to compare the efficiency of different investments. The returns on assets of the firm is also on noticeable level, as it has ROA of -32.10%, which signifies how profitable a firm is relative to its total assets.

Taking notice on volatility measures, NanoString Technologies, Inc. has noticeable recent volatility credentials; price volatility of stock was 4.15% for a recent week and 5.90% for a month. We might think of historical volatility as the rate of change of the underlying stock price. The higher the level of historical volatility, the more that the stock has moved in recent history. Therefore, theoretically, we will also expect that stock to move in similar degrees into the future, although it’s important to remember that historical volatility does not provide insight into either trend or direction. Although there are multiple ways to calculate historical volatility, the basic underlying idea is essentially the same for each. Historical volatility examines how quickly a stock price or future has moved in the past to predict how far it might move in the future. Investor expectations predict that the firm will publish less-negative results during their earnings release, which is leading to the firm’s increase in stock value. Of course, the firm and investors must be wary of such results, as one good quarter may not indicate total success of the firm, as well as future success. However, it is a nice starting point to the firm’s eventual success.

Analysts expect NSTG  to report $-0.77 EPS on May, 3. They anticipate $0.10 EPS change or 11.49 % from last quarter’s $-0.87 EPS. After having $-0.34 EPS previously, NanoString Technologies’s analysts see 126.47 % EPS growth. The stock increased 3.34% or $0.31 during the last trading session, reaching $9.58. About 187,845 shares traded. The company has declined 64.95% since April 18, 2017 and is downtrending. It has underperformed the S&P500 by 76.50%.

However, in good news, on April 10th, NanoString Tech. announced the launch of the Breast Cancer 360™ (BC 360) research panel. The BC 360 Panel provides a unique 360 degree view of the tumor, microenvironment and immune response. The 770 gene expression panel includes comprehensive and expertly curated content across important breast cancer pathways and contains validated and novel signatures including NanoString’s PAM50 signature for breast cancer subtyping as well as the Tumor Inflammation Signature for determining whether a tumor is inflamed (“hot”) or non-inflamed (“cold”). The BC360 Panel is part of an expanding portfolio of comprehensive cancer research panels for the growing field of translational research and signature development.

“Breast cancer is a complex disease with many distinct subtypes, each having its own unique biology. While cancer research and drug development have historically focused on understanding the biology of the tumor itself, the field is moving toward a more holistic approach that goes beyond the tumor to examine

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