GOOD MORNING-! Hey market looks down today so options-? Lets dig our heels in I have two ideas A) Rocket Labs bet on a launch total coin flip. If the rocket explodes so do the options. B) ISRG earn which could be dented by China> Neither is a perfect storm.
F.N.B. (NYSE:FNB) stock gained 5% after the bell on Monday as the financial services firm posted Q4 results above expectations, helped by growth in earning assets and higher interest rates. The company reported Q4 adj. EPS of $0.44 vs. $0.30 in Q4 2021, while revenue grew 37.5% Y/Y to $415.5M. Net interest income increased 50% Y/Y to $334.9M, driven by 8.2% growth in average earning assets, higher interest rates, strong deposit growth and prudent management of deposit betas. Total loans and leases at Q4-end grew 66.5% Y/Y to $357M, while provision for credit losses stood at $28.6M (vs. benefit of ~$2.4M in Q4 2021). Adj. tangible book value per share was $8.27, up 3.1% sequentially. "Q4 finished out an impressive year, during which FNB grew loans by $5.3B, bringing total assets to nearly $44B through a strategic combination of footprint-wide organic growth and two value-adding acquisitions," said CEO Vincent Delie. Shares of F.N.B. (FNB) climbed 11.2% in the last six months.
It seems the Hedgies like Mobileye. I suppose it qualifies as more stable.-- Do they have Earn coming up? Maybe this is a sneaky place to use Options> Mobileye Global Inc. (MBLY) We’ll start with one of last year’s hottest IPOs. Mobileye is a leader in ADAS (advanced driver assistance systems) and was spun off from parent company Intel in October in an IPO that exceeded its targeted range; the shares made a big splash on the first day of trading, closing out the session up by 38% from its listing price. Founded in 1999, the Israeli company’s driver-assistance tech has already been utilized in over 125 million vehicles. By 2030, the company expects 270 million more vehicles will be making use of its products. While Mobileye already claims a dominant position in ADAS, it has also set its sights on being the leader in the autonomous vehicle market of self-driving cars, although it could be a while until such offerings become widespread. On the financial front, the company released its fiscal third-quarter earnings in December (for the quarter ending October 1). Mobileye generated revenue of $450 million, amounting to a 38% year-over-year increase while delivering EPS of -$0.06. Both metrics beat Street expectations. Promisingly, for FQ4, the company is calling for revenue between $527 million to $545 million, exceeding the $483 million Wall Street predicted. For the full year, the company anticipates revenue north of $1.83 billion, above the $1.78 billion forecast, and operating income of at least $637 million. For Citi analyst Itai Michaeli, the bull case for the ADAS leader is clear. “Mobileye is at the center of what we have long viewed as the most virtuous cycle of incremental content to ever occur in the industry,” the analyst said. “We believe the company’s competitive advantages have only grown in recent years, led by an innovation-data loop and a highly scalable ADAS-AV product suite. We see 2030E revenue of >$50bln (vs. ~$2bln now) and expect a domino effect of ADAS/AV adoption to create a catalyst-rich environment for the stock.”!!!!! Michaeli's long term outlook is bright for MBLY stock, and he backs it with a Buy rating and a $77 price target that implies a one-year upside potential of ~123% for the stock. (To watch Michaeli’s track record, click here) Michaeli is the Street’s most prominent MBLY bull but plenty of others are backing its case. The stock claims a Strong Buy consensus rating, based on 14 Buys vs. 3 Holds. The average target stands at $43, implying the shares have room for 12-month growth of 25%.
Hummmmmmmmmm- Mobileye Announces Timing of its Fourth Quarter and Full Year 2022 Results JERUSALEM, January 12, 2023--(BUSINESS WIRE)--Mobileye Global Inc. (Nasdaq: MBLY) ("Mobileye") today announced that it will release its financial results for the fourth quarter and full year 2022 on Thursday, January 26, 2023, before market open.
That leaves us 2 days.... Unfortunately the stk looks slightly up today.... WATCH FOR WEAKNESS--> MBLY Feb 2023 40.000 call OPR - OPR Delayed Price. 1.05000.0000 (0.00%) At close: January 23 04:00PM EST
This next one is tricky-- I kind of feel like it could be a fakeout.. ZYME has been flirting with big round number $10. Those situations can get dicey I'm not sure why... My implied Vol signals went off last week but the stk was turned away from $10.> $9.41-0.59 (-5.90%)4:00 PM 01/23/23 NASDAQ | $USD | Pre-Market: $9.94 +0.53 (+5.63%) 7:00 AM
Rocket lab was flat all day yesterday slightly down. last half hour saw some movement... Rocket Lab USA, Inc. (RKLB) NasdaqCM - NasdaqCM Real Time Price. 4.8200+0.0400 (+0.84%) At close: January 23 04:00PM EST 4.8900 +0.07 (+1.45%)<------------------- Pre-Market: 07:00AM EST
One thing I don't want to do is keep suggesting a name that is not working.- I still own Sentinel 1. The symbol is S Honestly this Zaks piece makes little sense.. But I can tell you in the last 3 analyst updates there were one neg and two positive. The 2 positive coming out just yesterday and today so there may be some ground movement here that Sentinel is going to have good earn--- MSFT is just one of a large group of Computer and Technology stocks with a positive ESP figure. SentinelOne (S) is another qualifying stock you may want to consider. Slated to report earnings on March 21, 2023, SentinelOne holds a #3 (Hold) ranking on the Zacks Rank, and it's Most Accurate Estimate is -$0.16 a share 71 days from its next quarterly update. For SentinelOne, the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of -$0.16 is 0.18%.