Equities research analysts expect that Twilio Inc (NYSE:TWLO) will report sales of $130.23 million for the current fiscal quarter, Zacks Investment Research reports. Six analysts have issued estimates for Twilio’s earnings. The highest sales estimate is $131.55 million and the lowest is $129.35 million. Twilio reported sales of $95.87 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 35.8%. The firm is scheduled to issue its next earnings report on Monday, August 6th.
On average, analysts expect that Twilio will report full year sales of $541.81 million for the current fiscal year, with estimates ranging from $541.00 million to $544.91 million. For the next fiscal year, analysts anticipate that the business will report sales of $660.86 million per share, with estimates ranging from $636.58 million to $680.34 million. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for Twilio.
Best Financial Stocks To Buy Right Now: Credit Suisse Group(CS)
Credit Suisse Group AG, together with its subsidiaries, operates as a financial services company. The company operates in three segments: Private Banking, Investment Banking, and Asset Management. The Private Banking segment offers advisory services and a range of wealth management solutions, including pension planning, life insurance products, tax planning, and wealth and inheritance advice for the high-net-worth and ultra-high-net-worth individuals. This segment also supplies banking products and services to affluent, high-net-worth and ultra-high-net-worth clients, and corporates and institutions. The Investment Banking segment provides investment banking and securities products and services to corporations, governments, pension funds, and institutions. Its products and services include debt and equity underwriting, sales and trading, mergers and acquisitions advice, divestitures, corporate sales, restructuring, and investment research. The Asset Management segment offe rs integrated investment solutions and services to institutions, governments, foundations and endowments, corporations, and individuals. It provides access to a range of investment classes across alternative investment, asset allocation, and traditional investment strategies. The company operates in Switzerland, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. Credit Suisse Group AG was founded in 1856 and is headquartered in Zurich, Switzerland.
- [By ]
The ABCs Of IPOs
Most entities looking to go public bring in underwriters to help navigate the company through the entire process — in Lyft’s case JPMorgan Chase (NYSE: JPM) led the offering along with Credit Suisse Group (NYSE: CS), Jeffries Group LLC and 26 other financial institutions. The filing fees to go public amounted to a staggering $6.5 million for Lyft.
- [By Shah Gilani]
Lyft’s lead IPO bankers, JPMorgan Chase & Co. (NYSE: JPM) and Credit Suisse Group AG (NYSE: CS), did a great job of polishing their lead actors’ acting chops.
Best Financial Stocks To Buy Right Now: Prudential Public Limited Company(PUK)
Prudential plc provides retail financial products and services, and asset management services to individuals and businesses in Asia, the United States, and the United Kingdom. It offers savings, protection, investment, and unit-linked products; manages investments across a range of asset classes for internal, retail, and institutional clients; manages onshore mutual funds; and provides retirement planning, consumer and Islamic finance, and health solutions. The company also provides retirement savings and income solutions; variable annuities; fixed and fixed index annuities; term life, universal life, and variable universal life insurance; permanent individual life insurance; and institutional products, such as guaranteed investment contracts, funding agreements, and medium term note funding agreements. In addition, it offers pensions and annuities; investment plans; and car, health, home, travel, and protection insurance policies. Further, Prudential plc provides fund man agement services for individual and institutional clients. The company was founded in 1848 and is based in London, the United Kingdom.
- [By Joseph Griffin]
Prudential Public Limited (NYSE:PUK) has earned a consensus recommendation of “Hold” from the six analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company.
- [By Ethan Ryder]
Prudential (NYSE: PUK) and Reinsurance Group of America (NYSE:RGA) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, earnings, valuation, dividends, risk, profitability and institutional ownership.
- [By Stephan Byrd]
Here are some of the news headlines that may have effected Accern’s rankings:
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Zacks Investment Research Lowers Prudential (PUK) to Hold (americanbankingnews.com) Financial wellness program popularity rises among employers, up 63 percentage points in two years (markets.financialcontent.com) FY2018 EPS Estimates for Prudential (PUK) Reduced by Jefferies Group (americanbankingnews.com) Jefferies Group Weighs in on Prudential’s FY2020 Earnings (PUK) (americanbankingnews.com) ValuEngine Downgrades Prudential (PUK) to Hold (americanbankingnews.com)
Shares of PUK stock traded down $0.02 during trading on Tuesday, hitting $51.56. 141,455 shares of the stock traded hands, compared to its average volume of 198,097. The firm has a market cap of $66.49 billion, a PE ratio of 13.79, a PEG ratio of 1.34 and a beta of 1.55. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.03 and a current ratio of 0.03. Prudential has a 52-week low of $44.49 and a 52-week high of $55.36.
- [By Ethan Ryder]
ValuEngine lowered shares of Prudential (NYSE:PUK) from a buy rating to a hold rating in a research note issued to investors on Wednesday morning.
Several other analysts have also recently issued reports on the stock. Zacks Investment Research upgraded shares of Prudential from a hold rating to a buy rating and set a $57.00 target price on the stock in a research note on Tuesday, March 27th. Berenberg Bank cut shares of Prudential from a hold rating to a sell rating in a research note on Thursday, March 29th. Finally, Citigroup cut shares of Prudential from a buy rating to a neutral rating in a research note on Wednesday, April 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The stock currently has an average rating of Hold and an average price target of $57.00.
Best Financial Stocks To Buy Right Now: RenaissanceRe Holdings Ltd.(RNR)
RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company offers property catastrophe reinsurance products, including catastrophe excess of loss reinsurance, excess of loss retrocessional reinsurance, and insurance-linked securities; and specialty reinsurance products, such as catastrophe exposed workers? compensation, surety, terrorism, energy, aviation, crop, political risk, trade credit, financial, mortgage guarantee, catastrophe-exposed personal lines property, casualty clash, other casualty lines, and other specialty lines of reinsurance. It also provides various insurance products consisting of commercial property, including catastrophe-exposed commercial property products; commercial multi-line comprising commercial property and liability coverage, such as general liability, automobile liability and physical damage, building and contents, and professional liability; and personal lines property, including homeowners personal lines property coverage and catastrophe exposed personal lines property coverage. The company offers its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.
- [By Logan Wallace]
Kemper (NYSE: RNR) and RenaissanceRe (NYSE:RNR) are both mid-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, earnings, analyst recommendations, institutional ownership, profitability, valuation and dividends.
- [By Ethan Ryder]
Shares of RenaissanceRe Holdings Ltd. (NYSE:RNR) have earned an average recommendation of “Hold” from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $142.00.
- [By Logan Wallace]
Kemper (NYSE: RNR) and RenaissanceRe (NYSE:RNR) are both mid-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, valuation, profitability, earnings, risk, institutional ownership and analyst recommendations.
- [By Joseph Griffin]
Rhumbline Advisers trimmed its position in shares of RenaissanceRe Holdings Ltd. (NYSE:RNR) by 8.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 74,399 shares of the insurance provider’s stock after selling 6,510 shares during the period. Rhumbline Advisers owned about 0.18% of RenaissanceRe worth $8,952,000 as of its most recent SEC filing.
Best Financial Stocks To Buy Right Now: Petroleum Resources Corporation(PEO)
Petroleum & Resources Corporation operates as a nondiversified investment company. It primarily invests in the equity of energy and natural resource companies. The company also has investments in various sectors, including energy, services, basic industries, and paper and forest products. Petroleum & Resources was founded in 1929 and is based in Baltimore, Maryland.
- [By Shane Hupp]
Press coverage about Adams Natural Resources Fund (NYSE:PEO) has trended somewhat negative recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Adams Natural Resources Fund earned a coverage optimism score of -0.09 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 48.0521373671292 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Best Financial Stocks To Buy Right Now: East West Bancorp Inc.(EWBC)
East West Bancorp, Inc. operates as the holding company for East West Bank, which provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals in California. It offers various deposit products, including personal and business checking and savings accounts, time deposits and individual retirement accounts, travelers? checks, safe deposit boxes, and MasterCard and Visa merchant deposit services. The company?s lending activities include commercial, multifamily residential real estate, trade finance, accounts receivable, small business administration, inventory, and working capital loans, as well as commercial real estate, construction, and single-family residential real estate loans. In addition, it provides financing to facilitate its clients? business transactions between Asia and the United States. Further, the company, through its other subsidiary, East West Insurance Servic es, Inc., offers business and consumer insurance services to the southern California market. As of October 19, 2011, it operated through a network of 130 locations worldwide. The company was founded in 1998 and is headquartered in Pasadena, California.
- [By Shane Hupp]
East West Bancorp (NASDAQ:EWBC) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Thursday.
- [By Shane Hupp]
Get a free copy of the Zacks research report on East West Bancorp (EWBC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
CB Financial Services (NASDAQ: EWBC) and East West Bancorp (NASDAQ:EWBC) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, earnings, valuation, risk and analyst recommendations.
Best Financial Stocks To Buy Right Now: PIMCO Municipal Income Fund(PMF)
PIMCO Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds. The fund employs fundamental analysis with a top down stock picking approach to create its portfolio. It conducts in house research using proprietary models. PIMCO Municipal Income Fund was formed on June 29, 2001 and is domiciled in the United States.
- [By Shane Hupp]
Institutional investors and hedge funds have recently modified their holdings of the business. Lavaca Capital LLC purchased a new stake in Pimco Municipal Income Fund in the fourth quarter worth about $36,000. Lindbrook Capital LLC purchased a new stake in Pimco Municipal Income Fund in the fourth quarter worth about $50,000. Winslow Evans & Crocker Inc. increased its position in Pimco Municipal Income Fund by 46.2% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 9,500 shares of the financial services provider’s stock worth $120,000 after buying an additional 3,000 shares in the last quarter. Cito Capital Group LLC purchased a new stake in Pimco Municipal Income Fund in the fourth quarter worth about $126,000. Finally, GWM Advisors LLC purchased a new stake in Pimco Municipal Income Fund in the fourth quarter worth about $131,000.
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Pimco Municipal Income Fund Company Profile (NYSE:PMF)