Shares of Alta Mesa Resources (NASDAQ:AMR) are plunging today, down 17.7% as of 11:45 a.m. EDT, after the oil and gas exploration and production company posted second-quarter earnings that fell well short of Wall Street expectations.
So whatAlta Mesa reported a net loss of $0.04 per share compared to analysts' expectations of a per-share profit of $0.10. While the company was able to grow production significantly -- July production was 50% higher than the beginning of the year -- and volumes of gas fracking water were up across its set of pipeline assets, low price realizations because of some unfavorable futures contracts and higher costs ate away at any chance of generating a positive return.
Image source: Getty Images.
Management tried to put its best face forward by raising production guidance for the full year, adding an additional drilling rig to its capital spending plan, and expanding its midstream footprint, but these capital spending plans are more than likely going to outstrip the company's cash-generating ability.
Top 5 Low Price Stocks To Watch Right Now: Bank of the Ozarks(OZRK)
Advisors' Opinion:- [By Stephen Mack]
Bank of the Ozarks Inc. (Nasdaq: OZRK) began in 1903 with a community bank in Jasper, Ark. Now headquartered in Little Rock, the company operates more than 255 locations in the southeast, as well as in California, Texas, and New York.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Bank Of The Ozarks (OZRK)
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- [By Ethan Ryder]
The Manufacturers Life Insurance Company lessened its stake in shares of Bank Of The Ozarks Inc (NASDAQ:OZRK) by 3.2% in the first quarter, HoldingsChannel.com reports. The firm owned 196,473 shares of the financial services provider’s stock after selling 6,499 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Bank Of The Ozarks were worth $9,484,000 at the end of the most recent quarter.
- [By Shane Hupp]
Bank Of The Ozarks Inc (NASDAQ:OZRK) declared a quarterly dividend on Tuesday, July 3rd, Wall Street Journal reports. Investors of record on Friday, July 13th will be given a dividend of 0.20 per share by the financial services provider on Friday, July 20th. This represents a $0.80 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Thursday, July 12th. This is an increase from Bank Of The Ozarks’s previous quarterly dividend of $0.20.
- [By Motley Fool Staff]
Bank of the Ozarks (NASDAQ: OZRK)Q2 2018 Bank Of The Ozarks Earnings CallJul. 12, 2018, 3:00 pm ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
Top 5 Low Price Stocks To Watch Right Now: Virco Manufacturing Corporation(VIRC)
Advisors' Opinion:- [By Ethan Ryder]
Virco Mfg. (NASDAQ:VIRC) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “Virco Mfg. Corporation designs, produces, and distributes quality furniture for the contract and education markets worldwide. Examples of facilities served by Virco include public and private schools, colleges and universities, convention centers, federal and state institutions, churches and other businesses. They also sell to wholesalers, distributors, retailers and catalog retailers. In order to divide the workload into manageable amounts, Virco has divided the sales force into two groups: Education and Commercial. “
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Virco Mfg. (VIRC)
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Top 5 Low Price Stocks To Watch Right Now: Skyworks Solutions, Inc.(SWKS)
Advisors' Opinion:- [By Matthew Cochrane]
Of course, as it's been a full nine years since the stock market took off on this amazing bull run, stocks that fit that description have become harder to find -- but not impossible. Here are two tech stocks that are not only wonderful companies, but trade at darn near wonderful prices too. Let's take a closer look at HP Inc. (NYSE:HPQ) and Skyworks Solutions (NASDAQ:SWKS) to see why they would make wonderful additions to any portfolio.
- [By Max Byerly]
Delphi Management Inc. MA acquired a new stake in shares of Skyworks Solutions Inc (NASDAQ:SWKS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 18,943 shares of the semiconductor manufacturer’s stock, valued at approximately $1,792,000.
- [By Ashraf Eassa]
TechInsights recently tore down the iPhone XS Max, revealing the key component suppliers in the device. Here are three companies whose parts made it into Apple's big, premium smartphone: Micron (NASDAQ:MU), Intel (NASDAQ:INTC), and Skyworks Solutions (NASDAQ:SWKS).
- [By ]
Semiconductor maker Skyworks Solutions (Nasdaq: SWKS) generates an astounding 83% of its revenue from China, making it No. 1 on our short list!
Other semiconductor companies in danger include Qualcomm (Nasdaq: QCOM) with a 64% revenue exposure, and Intel (Nasdaq: INTC) with 24% of its revenue from China.
- [By Matthew Cochrane]
The past year has not been kind to Skyworks Solutions (NASDAQ:SWKS) shareholders, as the stock price of the analog semiconductor maker is down almost 20%. Since Skyworks sells most of its products to smartphone makers, its difficulties are easily explained. Smartphone sales have been relatively flat for years, with even Apple (NASDAQ:AAPL) struggling to grow its iconic iPhone sales.
Top 5 Low Price Stocks To Watch Right Now: PAR Technology Corporation(PAR)
Advisors' Opinion:- [By Motley Fool Transcribers]
Par Technology Corp (NYSE:PAR)Q4 2018 Earnings Conference CallMarch 14, 2019, 4:30 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Max Byerly]
News articles about PAR Technology (NYSE:PAR) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PAR Technology earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the software maker an impact score of 46.8901065500531 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Top 5 Low Price Stocks To Watch Right Now: TechTarget, Inc.(TTGT)
Advisors' Opinion:- [By Anders Bylund, Jeremy Bowman, and Rich Duprey]
To get you started in the field of small but potentially great companies whose stocks are poised for big gains in the long run, we asked a few Motley Fool contributors to share their best small-cap ideas of the moment. Read on to see why they recommend TechTarget (NASDAQ:TTGT), RedFin (NASDAQ:RDFN), and Craft Brew Alliance (NASDAQ:BREW).
- [By Anders Bylund]
Shares of TechTarget (NASDAQ:TTGT) fell as much as 27% lower this morning, recovering to a milder 18% decline as of 11:45 a.m. EDT. The provider of online marketing and sales services beat analyst estimates across the board in Wednesday night's second-quarter report, but the surprises weren't big enough to sustain TechTarget's skyrocketing market momentum today.
- [By ]
1. TechTarget (Nasdaq: TTGT)
This $500 million-plus cloud-based content marketing company has soared over 40% this year. What triggered the surge is the company finally began to produce solid earnings after years trying to get traction. Guidance has also dramatically improved this year creating excitement for investors. - [By Max Byerly]
TechTarget (NASDAQ:TTGT) and DHI Group (NYSE:DHX) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, earnings, analyst recommendations, dividends and profitability.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on TechTarget (TTGT)
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