Earnings Scheduled For August 11, 2022
Companies Reporting Before The Bell
• Magic Software (NASDAQ:MGIC) is projected to report quarterly earnings at $0.27 per share on revenue of $131.70 million.
As Mortgage Demand Is Slashed Due To Rising Rates, So Are The Valuations Of These Companies
Between June 10 and 17, 11 publicly traded mortgage companies saw their market value decline by a combined $6.14 billion.
76 Biggest Movers From Yesterday: Ocean Bio-Chem, Athira Pharma And More
Gainers
Ocean Bio-Chem, Inc. (NASDAQ: OBCI) shares climbed 117.2% to close at $12.86 on Wednesday after the company announced it will be acquired by OneWater Marine for $13.08 per share in cash.
Home Point Capital’s Return On Capital Employed Insights
According to Benzinga Pro, during Q1, Home Point Capital (NASDAQ:HMPT) earned $11.86 million, a 38.51% increase from the preceding quarter. Home Point Capital's sales decreased to $158.20 million, a 12.35% change since Q4.
Where Home Point Capital Stands With Analysts
Home Point Capital (NASDAQ:HMPT) has observed the following analyst ratings within the last quarter:
Morgan Stanley Maintains Equal-Weight on Home Point Capital, Lowers Price Target to $3.5
Morgan Stanley analyst James Faucette maintains Home Point Capital (NASDAQ:HMPT) with a Equal-Weight and lowers the price target from $3.75 to $3.5.
Recap: Home Point Capital Q1 Earnings
Home Point Capital (NASDAQ:HMPT) reported its Q1 earnings results on Thursday, May 12, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Stocks That Hit 52-Week Lows On Tuesday
During Tuesday, 581 stocks hit new 52-week lows.
Interesting Highlights From Today's 52-Week Lows
Meta Platforms (NASDAQ:FB) was the biggest company on a market cap basis to set a new 52-week low.
Goldman Sachs Maintains Sell on Home Point Capital, Lowers Price Target to $3
Goldman Sachs maintains Home Point Capital (NASDAQ:HMPT) with a Sell and lowers the price target from $3.6 to $3.