Headwater Exploration (CDDRF) Receives a Hold from RBC Capital
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Harvey is a 5-star analyst with an average return of 17.0% and a 56.85% success rate. Harvey covers the Energy sector, focusing on stocks such as Peyto Exploration & Dev, ARC Resources, and Advantage Energy.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Headwater Exploration with a $6.28 average price target.
CDDRF market cap is currently $1.21B and has a P/E ratio of 8.44.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CDDRF in relation to earlier this year.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
All Eyes on Tesla Stock as Earnings Loom; Daniel Ives Sets Expectations
Tesla (NASDAQ:TSLA) stock is under the microscope as the EV giant gets set to report second-quarter earnings tomorrow (Wednesday, July 23) after the market closes. Beyond the headline numbers, investors will be watching closely for updates on Tesla's innovation efforts – including its Optimus robot, expanding robotics ambitions, and a potential investment in xAI. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Despite ongoing concerns around weak sales, the loss of EV tax credits, and CEO Elon Musk's polarizing reputation, some analysts see a potential shift in the narrative. Among them is Wedbush analyst Daniel Ives, who believes the set-up going into this report is 'dramatically different' from the more cautious backdrop ahead of Q1. 'While on the April earnings call the big focus was Musk officially leaving the Trump Administration and pressure to refocus on being CEO on Tesla….now investors are seeing more of a 'wartime CEO' as Elon is laser focused on the Robotaxi expansion in Austin with more cities soon on the docket for this key autonomous initiative,' Ives opined. Calling Tesla 'one of the clear future leaders in AI,' Ives pointed to the company's growing momentum in autonomous tech and robotics as key catalysts. The analyst believes the market is starting to grasp the scale of what Tesla is building – not just a car company, but an AI-driven platform with massive long-term potential. In his view, that opportunity alone could add $1 trillion in value to the Tesla story. Of course, innovation alone won't carry the story. Tesla also needs to stabilize its core markets, particularly China, where sales have stumbled amid fierce competition. Encouragingly, June marked the first monthly sales increase in eight months, driven by strong demand for the refreshed Model Y. For Ives, this rebound is a key signal that Tesla's execution in its most important growth region is improving. As for the raw results, the Street is expecting revenues of $22 billion, with automotive revenue reaching $16 billion. Gross margins (excluding credits) are seen landing between 13% and 14%, with EPS around $0.39. Still, the loss of EV tax credits remains a looming challenge. Ives cautions that this 'cash cow' will play a smaller role in Tesla's free cash flow by 2026, though he expects management to address the issue on the call and offer guidance for the second half, particularly as China demand recovers and Model Y momentum builds. 'Importantly we anticipate deliveries globally to rebound in 2H led by some improvement on the key China front with the Model Y refresh a catalyst,' Ives further said. Bottom line, Ives remains the most bullish voice on the Street, assigning TSLA shares with an Outperform (i.e., Buy) rating and a Street-high $500 price target. Investors could be sitting on ~50% gains, should Ives's forecast play out as anticipated. (To watch Ives' track record, click here) Generally speaking, the rest of the analyst community is far less optimistic; Tesla stock only claims a Hold (i.e., Neutral) consensus rating, based on a mix of 13 Buys and Holds, each, plus 8 Sells. The forecast calls for a 12-month drop of ~10%, considering the average price target stands at $299.52. (See Tesla stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Business Insider
an hour ago
- Business Insider
Tesla (TSLA) Is About to Report Q2 Earnings. Here's What to Expect
Electric vehicle (EV) maker Tesla (TSLA) is scheduled to report its second-quarter earnings after the market closes on Wednesday, July 23. TSLA stock has declined 19% year-to-date, reflecting investors' concerns about weak sales amid intense competition in the EV space, margin pressures, CEO Elon Musk's political ambitions, and the loss of Federal EV credits. Wall Street expects Tesla to report earnings per share (EPS) of $0.39, reflecting a 25% year-over-year decline. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Analysts expect the company's bottom line to be impacted by a 13% decline in revenue to $22.19 billion and lower margins. As seen in this chart from Main Street Data, Tesla's Q2 deliveries declined 13.5% year-over-year to around 384,120 vehicles. Investors will look forward to management's commentary on the demand backdrop in the EV space amid tough macro conditions and growing competition, the launch of low-cost EV models, further rollout of robotaxis, and the changing regulatory landscape. Analysts' Views Ahead of Tesla's Q2 Earnings Heading into Q2 results, Cantor Fitzgerald analyst Andres Sheppard reiterated a Buy rating on Tesla stock with a price target of $335. The 5-star analyst updated his Q2 estimates to reflect Tesla's deliveries and lower-than-expected deployment of energy storage products in the quarter. Sheppard expects Q2 revenue to come in at about $21 billion, down from his prior estimate of $24.1 billion. Interestingly, Sheppard kept his 2025 and 2026 annual revenue and EPS estimates intact. The analyst views the company's robotaxi business as a 'software-as-a-service, high-margin model,' and expects it to have the ability to rapidly scale following commercialization. Sheppard remains confident about Tesla's ability to capture a significant share of the autonomous driving and ride-sharing industries. Meanwhile, Barclays analyst Dan Levy reiterated a Hold rating on Tesla stock with a price target of $275. Interestingly, Levy believes that even as the company faces 'increasingly weaker fundamentals,' TSLA stock could outperform following Q2 results as investors focus on long-term robotaxi ambitions. The analyst added that Tesla's Q2 earnings call presents an opportunity for the company's robotaxi/autonomous vehicle (AV) narrative to shine. He thinks that Musk might discuss fleet growth targets or expansion plans during the call. While Levy expects a slight sequential improvement in Tesla's auto gross margin (excluding regulatory credits), he cautioned that margins will likely remain depressed compared to prior years. The analyst also noted the decline in Tesla's full-year EPS estimate from over $3.20 at the beginning of the year to $1.84. Levy believes that the expected delay in the launch of Tesla's low-cost model could also weigh on investor sentiment. AI Analyst Is Bullish on Tesla Stock Ahead of Q2 Print TipRanks' AI stock analysis reflects an Outperform rating on Tesla stock with a price target of $351, reflecting a 6.85% upside potential. The AI analyst rating is based on strong financial performance and favorable aspects highlighted during the Q1 earnings call. However, technical indicators are mixed and valuation looks elevated. Options Traders See Major Movement in TSLA Stock on Q2 Earnings Using TipRanks' Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don't worry, the Options tool does this for you. Indeed, it currently says that options traders are expecting about a 7.36% move in either direction in Tesla stock in reaction to Q2 results. Is TSLA Stock a Buy or Sell? Given the ongoing challenges, Wall Street has a Hold consensus rating on Tesla stock based on 13 Buys, 13 Holds, and eight Sell recommendations. The average TSLA stock price target of $299.52 indicates a downside risk of 8.8% from current levels.
Miami Herald
2 hours ago
- Miami Herald
Jean Chatzky sends strong message on 401(k)s, IRAs
Many Americans planning for retirement are often encouraged to start by contributing to both a company-sponsored 401(k) plan and an Individual Retirement Account (IRA) as major parts of their financial strategy. Former NBC Today Show financial editor Jean Chatzky offers a key data point on U.S. household retirement savings progress and explains some important things to know about the 401(k) and IRA challenge facing Americans. Don't miss the move: Subscribe to TheStreet's free daily newsletter Individuals should consider placing a high priority on contributing to an employer-sponsored 401(k) - especially when matching contributions from the company are available, the HerMoney founder explained. With automatic deductions taken directly from paychecks, Chatzky clarified, this approach requires minimal effort and decision-making, offering a streamlined and effective path to retirement savings. In Chatzky's July 22 HerMoney email newsletter, she explained why one important number regarding IRAs is 44%. "That's the percentage of U.S. households saving for retirement through IRAs – accounts that hold over $16.2 trillion and make up 38% of all U.S. retirement wealth," Chatzky wrote, citing an Investment Company Institute report. "No IRA, you say?" she asked. "For many women, these accounts are key to closing the retirement savings gap." Jean Chatzky describes gap annuities as a financial tool crafted to bridge the income divide that can occur between leaving the workforce and the start of other retirement benefits, such as Social Security or a pension. Gap annuities can also help delay the time when a person would otherwise make withdrawals from their 401(k) plans and IRAs. These short-term annuities - generally lasting between three and ten years - are typically funded through a lump sum or a series of payments. In return, they offer reliable income over a defined period. Chatzky likens them to a substitute paycheck, providing a steady cash flow for retirees - or anyone experiencing a temporary break in earnings. More on personal finance: Dave Ramsey warns Americans on Social SecurityJean Chatzky sends strong message on major 401(k) changesFinance expert has blunt words for car buyers Who gap annuities are good for In the HerMoney newsletter, Chatzky describes the financial situations that make sense for when people should consider gap annuities. Early retirees who want to wait to start collecting Social Security in order to maximize their monthly who are waiting on a pension or another delayed income who need income before their required minimum distributions (RMDs) begin at age 73 or 75, depending on your birth year. Retirees without pensions who want to turn part of their retirement nest egg into a steady income stream – basically creating their own DIY pension. "Unlike lifetime annuities, gap annuities are time-limited, making them more flexible and often less expensive," Chatzky wrote. "As with all financial products, make sure you read the fine print - watch out for fees, surrender charges and whether or not the income keeps up with inflation," she added. Chatzky has explained her approach to investing in retirement savings accounts, even in times of volatility in the market. "I'm always buying," she said. "I think I'm very much the typical retirement investor. I put money into the markets in my 401(k) and other retirement accounts and brokerage accounts on a regular basis in a very methodical way." Chatzky has emphasized the fact that she typically avoids investing in individual stocks, preferring a more diversified approach through mutual funds. While she views stock-picking as an occasional source of enjoyment, her main strategy involves staying the course with long-term investments. Chatzky also outlined another method she believes can support investors during market downturns, aimed at helping people maintain their financial footing when stock values dip. Related: Jean Chatzky warns Americans on a slick Roth IRA retirement move "You should always try to have enough in bonds and cash that you could prevent yourself from having to sell when stocks are really down," Chatzky has said. "Other than that, I think we really can't control these things." The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
