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Last updated -
March 6, 2025
Last updated -
March 6, 2025
Last updated -
March 6, 2025
Stocks ended higher in a session that required a strong gastric constitution. Weak employment figures from ADP heightened recession fears sending stocks lower. Fears were compounded by confusion over tariffs; fears were ultimately quelled by reports that automakers would get a one-month hold on auto tariffs.
Some interesting finds from our WALE Report algo
Last updated -
March 6, 2025
MarineMax (HZO) reported fiscal Q1 2025 earnings of $0.17per share, beating estimates of -$0.14, despite revenue declining 11.2%year-over-year to $468.5 million. The company reaffirmed its fiscal year 2025 guidance, expecting adjusted net income of $1.80 to $2.80 per diluted share. Analysts maintain a consensus "Strong Buy" rating on HZO stock, with an average price target of $38.33, representing a 43.13% upside from current levels.
Inspire Medical Systems (INSP) reported strong Q4 2024earnings, with EPS of $1.15 beating estimates of $0.74 and revenue of $239.76million. Analysts remain bullish on INSP, with a consensus "ModerateBuy" rating and an average price target of $228.82, representing a 28.33%upside from the current price. The company provided 2025 EPS guidance of $2.10to $2.20 per share, indicating continued growth expectations.
OSI Systems (NASDAQ: OSIS) reported record-breaking second quarter results for fiscal 2025, with revenues reaching $419.8 million, marking 12% increase year-over-year, and net income rising to $37.8 million, or $2.22 per diluted share. Based on strong performance, the company increased its fiscal 2025 guidance, now projecting revenues between $1.685-$1.710 billion(9.5-11.1% growth) and non-GAAP diluted EPS of $9.10-$9.40 (11.9-15.6% growth).Following the earnings report, analysts at Roth MKM and Oppenheimer boosted their price targets for OSIS to $224 and $225, respectively, maintaining their positive ratings on the stock.
RH's stock has been under pressure as analysts at Wedbush lowered their FY2025 earnings estimates for the company, forecasting EPS of$4.33 compared to the consensus estimate of $4.39. The broader market experienced volatility last week, with the S&P 500 briefly erasing its year-to-date gains, driven lower by mega-cap tech stocks. RH's next earnings report is scheduled for March 26, 2025, with analysts expecting EPS of $1.90,which would represent a decrease from the previous quarter.
Sphere Entertainment ($SPHR) reported Q2 2025 earnings, missing EPS estimates with a loss of $3.49 per share but beating revenue expectations with $308.3 million. JPMorgan lowered its price target for SPHR from $57 to $54 while maintaining an "overweight" rating. The stock has received a consensus "Hold" rating from analysts, with an average price target of $47.75, representing a 10.39% upside from the current price.
Karyopharm Therapeutics (KPTI) stock reached a new 52-weeklow of $6.37 on March 4, 2025, amid challenging market conditions and concerns over the company's cash burn rate. HC Wainwright analysts reduced their Q1 2025earnings per share estimates for KPTI to -$4.37, down from their previous estimate of -$4.35, while maintaining a "Buy" rating and a $56.00price target on the stock. Despite the recent downturn, RBC Capital analyst Brian Abrahams maintained a Buy rating on KPTI with a price target of $45.00 on March 2, 2025.
Genesco Inc. (GCO) is expected to report Q4 and full-year2025 earnings on March 7, 2025, with analysts forecasting earnings of $3.31 per share. The company is projected to show a 6.2% increase in quarterly revenue to$784.85 million compared to the same period last year. Genesco's stock has a current average analyst rating of "hold" with a median 12-month price target of $40.00, above its last closing price of $32.97.
Johnson Outdoors (JOUT) received a consensus rating of Buyfrom analysts, with 2 analysts giving the stock a Buy rating and an averageprice target of $39.50 for 2025. Sidoti Csr analyst A. Lebiedzinski raised Q32025 earnings per share estimates for Johnson Outdoors, now expecting thecompany to post earnings of $0.80 per share for the quarter, up from theirprevious estimate of $0.79. The company is scheduled to report its nextquarterly earnings results on May 02, 2025.
Korro Bio (KRRO) reported positive results for its leadproduct KRRO-110, demonstrating improved editing efficiency from 50% to 60% andincreased healthy protein production. The company's stock has a consensus"Buy" rating from 7 Wall Street analysts, with an average pricetarget of $144.00, representing a potential 560.85% upside from the currentprice. However, KRRO's stock price has fallen in 6 of the last 10 days, down13.79% for this period, and analysts expect it to decline further by 39.77%over the next 3 months.
AirSculpt Technologies (AIRS) is expected to report its Q42024 earnings on February 25, 2025, with analysts estimating an EPS of $0.04and revenue of $44.25 million. The stock currently has a consensus"Hold" rating from 5 analysts, with a price target of $5.00,representing a potential 21.95% upside from the current price. Recent insidertrading activity shows executives selling shares, with the Executive Chairmanand Interim CEO/CFO selling a combined 163,820 shares over the past 6 months.
Headlines & market moves worth watching
Last updated -
March 6, 2025
Source: New York Post, March 6, 2025
The Dow Jones Industrial Average nosedived more than 500 points as markets grappled with President Trump's erratic tariff policies, sparking fears of a full-blown trade war. Tech giants like Broadcom and Nvidia took significant hits, reflecting investor anxiety over escalating tensions.
Source: Reuters, March 6, 2025
Marvell Technology's stock plunged 15.5% in premarket trading after issuing a lackluster forecast, raising concerns about slowing demand in AI infrastructure. This downturn sent shockwaves through the semiconductor sector, dragging down peers like Nvidia and AMD.
Source: MarketWatch, March 6, 2025
The Nasdaq Composite tumbled 2.5%, re-entering correction territory as investors fled high-flying tech stocks. The S&P 500 is testing critical support levels, with a close below 5,731 potentially signaling further downside.
Source: Reuters, March 6, 2025
The once-prevailing belief that President Trump would act to buoy the stock market—the so-called 'Trump put'—is waning. Investors are reassessing their strategies as tariff-induced volatility shakes confidence in the administration's market support.
Source: Reuters, March 6, 2025
Asian and European markets experienced mixed reactions following President Trump's temporary tariff exemptions for certain automakers. While some markets found relief, overall sentiment remains fragile as investors weigh the potential for prolonged trade disputes.
Headlines & market moves worth watching
Last updated -
March 6, 2025
