13.56 -0.02 (-0.15%)
Pre-market: 4:08AM EST
|Bid||13.58 x 1200|
|Ask||0.00 x 800|
|Day's range||13.36 - 13.64|
|52-week range||13.36 - 31.37|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||04 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||18.09|
Taking the occasional loss comes part and parcel with investing on the stock market. Anyone who held Veoneer, Inc...
Although Tenneco (TEN) is taking incremental actions to facilitate the planned spinoff of DRiV, volatile industry environment and unfavorable market conditions are acting as deterrents.
Swedish auto technology group Veoneer said on Friday its order intake in 2019 was weaker than expected, blaming a timing delay in bookings for a surprisingly slow end to the year. On Friday, it estimated the lifetime value of its new order intake last year at around $2.5 billion, while its total order book was seen worth around $19 billion. Veoneer said the full-year order intake corresponded to an average annual new order intake of around $550 million, compared to $1 billion by the end of September.
As the momentum in the equity markets is expected to stay on firm-footing in 2020, these five stocks that failed to stand out in 2019 have a chance to outperform next year.
While Adient's (ADNT) restructuring efforts bode well for the long term, we are skeptical of the company's ability to navigate choppy waters amid macro-economic headwinds.
Akamai's (AKAM) strong media division traffic, growing adoption of cloud-based security solutions and robust over-the top content viewing will drive the top and bottom line in the third-quarter.
Veoneer, Inc. (VNE) delivered earnings and revenue surprises of 12.41% and -2.77%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Swedish auto technology group Veoneer cut its full-year sales forecast on Wednesday and remained downbeat about global car production, but a smaller-than-expected third-quarter operating loss supported the company's shares. A deep slump in auto production has hit Veoneer and the wider automotive industry hard, forcing the company to raise capital earlier this year to shore up its balance sheet. "The automotive industry faced a volatile and challenging quarter, with light vehicle production being weaker than anticipated in July across most of our major markets," Veoneer CEO Jan Carlson said in a statement.
Fortive's (FTV) third-quarter earnings are likely to have benefitted from strong product portfolio and healthy contribution from acquisitions.
While PACCAR's (PCAR) Q3 performance is expected to reflect benefits from its record truck delivery and retail sales, rising commodity prices, along with material and labor costs, remain concerns.
While higher revenues in the North American market are likely to have benefited Ford (F), lower vehicle deliveries in China, Europe and Asia Pacific regions might have hampered profits.
Lam Research's (LRCX) fiscal first-quarter earnings are likely to have benefited from strength in non-memory markets and robust equipment demand.
Performance of eBay's (EBAY) core marketplace business is likely to have been impressive in Q3. Yet, heightening competition might have hurt its earnings.
While lower retail worldwide sales are likely to have affected the bottom line of Harley-Davidson (HOG) in Q3, cost cuts & higher revenues from financial services may have partially offset the same.
The Zacks Analyst Blog Highlights: Asbury Automotive, Agree Realty, Veoneer, Hawaiian Holdings and The Carlyle Group
Asbury Automotive Group's (ABG) efforts to enhance online capabilities and focus on the used retail segment are likely to have buoyed earnings in third-quarter 2019.
Performance of Teradyne's (TER) new products & contribution from Universal Robots are likely to have been impressive in Q3. Yet, weakness in a few end-markets served might get reflected in its results.
Texas Instruments' (TXN) Q3 performance could have been affected by weakness in demand and an uncertain macro environment. Yet, strength in analog & embedded markets is likely to have aided earnings.
Cadence (CDNS) benefits from solid demand of its broad based product portfolio. Traction witnessed by Palladium Z1 and EDA-optimized Cloud-Hosted Design solution is also a positive.
Veoneer, Inc. (VNE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.