Jefferies has reinstated coverage of Serica Energy with a 'buy' rating and a 320p price target, citing strong production growth prospects. The broker expects Serica's acquisition of Spirit Energy to boost 2027 production by 15% to 50,540 barrels of oil equivalent per day. Despite a 7% production cut forecast for 2026 due to maintenance, new drilling and acquisitions support output above 50,000 boepd through 2030. Capital spending will more than double in 2027 and 2028 to fund growth, reducing free cash flow but maintaining a positive net cash position. Serica also targets dividends of 15-30% of operating cash flow and anticipates further production increases from Bruce drilling starting in late 2027.
Korn Ferry reported strong Q1 results with earnings per share of $1.43 and revenue of $756.5 million, both exceeding analyst expectations and marking continued growth. Despite this, the stock fell due to conservative guidance for the next quarter, wh...
SailPoint reported Q2 2026 earnings with revenue of $308.81 million, slightly below estimates but up 17% year-over-year. Adjusted EPS of $0.09 beat analyst expectations by 12.5%, reflecting improved profitability. The company showed strong subscripti...
The Cooper Companies is set to report its Q3 2026 earnings with analysts expecting earnings per share (EPS) of $1.12 and revenue of $1.10 billion, both showing growth from the previous year. Despite a recent 2.7% drop in stock price to $67.69, an ana...
Intellia Therapeutics saw a boost after Wedbush analyst raised its price target to $13, signaling potential upside from its current $12.64 share price. The FDA granted Priority Review to Intellia's lonvo-z treatment for Hereditary Angioedema, with a ...
Signet Jewelers reported Q2 fiscal 2027 earnings of $2.19 per share, surpassing analyst estimates of $1.69 by nearly 30%, marking its sixth consecutive quarter of earnings beats. Although revenue slightly missed expectations at $1.528 billion versus ...
