Shares of Intrepid Potash (NYSE:IPI) are falling, down 20.8% as of 12:02 p.m. EDT, after the company announced second-quarter 2018 earnings. The fertilizer producer actually turned in a solid performance compared to the year-ago period for all three of its major business activities -- potash, Trio, and water -- and more than doubled operating cash flow. Furthermore, management expects the business to continue improving in future periods.
The issue is that, although the company blew past Wall Street's expectations for revenue, it fell well short on earnings per share. According to Yahoo! Finance, the average analyst expected $43 million in revenue and $0.04 in EPS for the quarter. Intrepid Potash delivered $51 million in sales and a net loss of $0.01 per share.
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Best Blue Chip Stocks To Buy Right Now: Maiden Hldgs Ltd(MHLD)
Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in the United States and Europe. The company offers property, casualty, accident, and health reinsurance products. It offers its products through the treaties with other insurers on a quota share or excess of loss basis, as well as on a facultative basis through third-party intermediaries and on direct basis. Maiden Holdings, Ltd. was founded in 2007 and is headquartered Hamilton, Bermuda.
Advisors' Opinion:- [By Max Byerly]
Shares of Maiden Holdings, Ltd. (NASDAQ:MHLD) dropped 14.5% during mid-day trading on Monday . The company traded as low as $2.60 and last traded at $2.65. Approximately 2,396,727 shares changed hands during mid-day trading, an increase of 263% from the average daily volume of 660,901 shares. The stock had previously closed at $3.10.
- [By Ethan Ryder]
Maiden (NASDAQ: MHLD) and Mercury General (NYSE:MCY) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, analyst recommendations, valuation, earnings and risk.
Best Blue Chip Stocks To Buy Right Now: Tandem Diabetes Care, Inc.(TNDM)
Tandem Diabetes Care, Inc., a medical device company, designs, develops, and commercializes various products for people with insulin-dependent diabetes in the United States. The company's flagship product is the t:slim insulin delivery system that comprises t:slim pump, its disposable insulin cartridge, and an infusion set. It also provides t:flex insulin delivery system that includes t:flex pump, its 480-unit disposable insulin cartridge, and an infusion set; and t:slim G4 insulin delivery system, a touch-screen pump with an integrated CGM system. In addition, the company offers t:connect diabetes management application, a cloud-based data management application, which provides a visual way to display therapy management data from the pump and supported blood glucose meters for users, their caregivers, and their healthcare providers; t:90, an infusion set for use with its insulin pump products; and various pump accessories. Its products in development include Tandem Device Updater, a PC and Mac-compatible Web-based system that allows users to update their pump's software; t:sport insulin delivery system; and automated insulin delivery, an artificial pancreas system with external device, or combination of devices, intended to aid a person with insulin-dependent diabetes by automatically testing and controlling their blood glucose. The company was formerly known as Phluid Inc. and changed its name to Tandem Diabetes Care, Inc. in January 2008. Tandem Diabetes Care, Inc. was founded in 2006 and is headquartered in San Diego, California.
Shares of Tandem Diabetes Care (NASDAQ:TNDM) were jumping 12.9% higher as of 3:51 p.m. EDT on Tuesday. The gain came after S&P Global announced that the stock would be added to the S&P MidCap 400 Index effective Sept. 20. Tandem Diabetes Care, Inc. (NASDAQ:TNDM) has been given an average rating of “Buy” by the ten research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $127.56. 21Vianet Group, Inc. provides carrier-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small- to mid-sized enterprises in the People's Republic of China. It offers hosting and related services to house servers and networking equipment in its data centers, and connects them through a data transmission network; and other hosting related value-added services. The company's hosting and related services include managed hosting services that offer data center space to customers' servers and networking equipment and provide tailored server administration services; and interconnectivity services that allow customers to connect their servers with Internet backbones and other networks through its border gateway protocol network or single-line, dual-line, or multiple-line network. Its hosting and related services also comprises content delivery network services; cloud services that enable businesses to run their applications over the Internet using its IT infrastructure; virtual private network services; and value-added services, such as firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services. In addition, the company provides traffic charts and analysis, gateway monitoring for servers, domain name system setup, defense mechanism against distributed denial of service attacks, basic setting of switches and routers, and virus protections; managed network services that allow customers to transmit data across the Internet through its hosting area network and data transmission network; route optimization services; and wired broadband services. As of December 31, 2014, it operated 16 self-built and 73 partnered data centers located in approximately 30 cities in China with 21,522 cabinets. It has strategic partnerships with Microsoft Corporation and IBM. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China. 21Vianet Group (NASDAQ:VNET)Q4 2018 Earnings Conference CallMarch 04, 2019, 8:00 p.m. ET Operator 21Vianet Group (NASDAQ:VNET) will be issuing its quarterly earnings data after the market closes on Monday, March 4th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Compañía de Minas Buenaventura S.A.A., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru. The company operates five directly operating mining units, including Uchucchacua, Orcopampa, Julcani, Mallay, and Breapampa; and two mining unites that are under development stage comprising Tambomayo and San Gabriel. It also owns interests in Colquijirca-Marcapunta, Tantahuatay, and La Zanja mines, as well as Tantahuatay, Yanacocha and Cerro Verde mines. In addition, the company provides electrical transmission services; energy generation services through hydroelectric plants; and geological, engineering, design, and construction consulting services to the mining sector, as well as engages in chemical processing activities. Compañía de Minas Buenaventura S.A.A. was founded in 1953 and is headquartered in Lima, Peru. Compania de Minas Buenaventura SAA (NYSE:BVN) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Monday. Employees Retirement System of Texas bought a new position in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 231,000 shares of the mining company’s stock, valued at approximately $3,149,000. ClariVest Asset Management LLC raised its position in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 22.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 347,900 shares of the mining company’s stock after purchasing an additional 64,500 shares during the period. ClariVest Asset Management LLC owned approximately 0.14% of Compania de Minas Buenaventura SAA worth $4,742,000 at the end of the most recent reporting period. Frontline Ltd., incorporated on June 12, 1992, is a shipping company. The Company is engaged in the seaborne transportation of crude oil and oil products. The Company operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. The Company operates through subsidiaries and partnerships located in Bermuda, India, the Philippines, Liberia, Norway, the United Kingdom and Singapore. It is also involved in the charter, purchase and sale of vessels. The Company's fleet consists of approximately 90 vessels, including newbuildings, with an aggregate capacity of approximately 15 million deadweight ton (dwt). The Company's operating fleet consists of over 24 vessels that it owns; 15 vessels that are under capital leases; one very large crude carrier (VLCC) that is recorded as an investment in a finance lease; three vessels chartered-in for periods of over 12 months, including extension options; nine vessels that are under commercial management; seven product tankers that are chartered-in on short term time charters with a remaining duration of over one year with options to extend, and one VLCC where cost/revenue is split 50/50 with a third party. The Company also has a newbuilding program of approximately 28 vessels, which consists of over six VLCCs, eight Suezmax tankers and 14 LR2s. The Company owns various vessel owning and operating subsidiaries. Its operations take place outside of the United States. Its VLCCs are designed for the transportation of crude oil and, due to their size, are primarily used to transport crude oil from the Middle East Gulf to the Far East, Northern Europe, the Caribbean and the Louisiana Offshore Oil Port (LOOP). Frontline Ltd (NYSE:FRO)Q4 2018 Earnings Conference CallFeb. 28, 2019, 9:00 a.m. ET Operator Frontline (NYSE:FRO) Q2 2018 Earnings Conference CallAug. 22, 2018 9:00 a.m. ET Robert MacLeod -- Chief Executive Officer Bank of Montreal provides diversified financial services primarily in North America. The company's personal banking products and services include chequing and savings accounts, credit cards, mortgages, creditor insurance, and financial and investment advice; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, and specialized banking programs for small business and commercial banking customers. It also offers wealth management products and services, such as investment and wealth advisory services; online investing services; financial services and solutions to high net worth and ultra-high net worth clients; and investment management, and trust and custody services to institutional, retail, and high net worth investors. In addition, the company provides life insurance, accident and sickness insurance, and annuity products to brokers and individuals, as well as reinsurance solutions. Further, it offers investment and corporate banking services, including client's debt and equity capital-raising services, as well as loan origination and syndication, balance sheet management solutions, and treasury management services; strategic advice on mergers and acquisitions, restructurings, and recapitalizations, as well as valuation and fairness opinions; and trade finance, risk mitigation, and other operating services. Additionally, the company provides trading products comprising research and access to global markets for institutional, corporate, and retail clients; new product development and origination services, as well as risk management advice and services to hedge against fluctuations; and funding and liquidity management services to its clients. It operates approximately 1,500 bank branches. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada. Bank of Montreal (NYSE:BMO) (TSE:BMO) – Investment analysts at National Bank Financial lifted their Q2 2019 earnings estimates for shares of Bank of Montreal in a research note issued on Tuesday, February 26th. National Bank Financial analyst G. Dechaine now forecasts that the bank will earn $1.67 per share for the quarter, up from their previous estimate of $1.60. National Bank Financial also issued estimates for Bank of Montreal’s Q3 2019 earnings at $1.92 EPS and FY2020 earnings at $7.85 EPS. Bank of Montreal (TSE:BMO) (NYSE:BMO) – Equities research analysts at Cormark upped their Q2 2019 earnings per share estimates for Bank of Montreal in a note issued to investors on Wednesday, February 27th. Cormark analyst M. Grauman now forecasts that the bank will earn $2.49 per share for the quarter, up from their previous estimate of $2.38. Cormark has a “Market Perform” rating and a $109.00 price target on the stock. Cormark also issued estimates for Bank of Montreal’s Q4 2019 earnings at $2.48 EPS, FY2019 earnings at $9.86 EPS, Q1 2020 earnings at $2.43 EPS, Q2 2020 earnings at $2.62 EPS, Q3 2020 earnings at $2.79 EPS, Q4 2020 earnings at $2.79 EPS and FY2020 earnings at $10.51 EPS. Bank of Montreal (TSE:BMO) (NYSE:BMO) had its target price raised by Desjardins from C$104.00 to C$106.00 in a report published on Wednesday morning. Desjardins also issued estimates for Bank of Montreal’s Q2 2019 earnings at $2.33 EPS, Q3 2019 earnings at $2.43 EPS and Q4 2019 earnings at $2.47 EPS. Best Blue Chip Stocks To Buy Right Now: 21Vianet Group, Inc.(VNET)
Best Blue Chip Stocks To Buy Right Now: Buenaventura Mining Company Inc.(BVN)
Best Blue Chip Stocks To Buy Right Now: Frontline Ltd.(FRO)
Best Blue Chip Stocks To Buy Right Now: Bank Of Montreal(BMO)
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