Benzinga’s Top Ratings Upgrades, Downgrades For September 14, 2022
Upgrades
For Iris Energy Ltd (NASDAQ:IREN), Compass Point upgraded the previous rating of Neutral to Buy. The current stock performance of Iris Energy shows a 52-week-high of $17.97 and a 52-week-low of $2.89. Moreover, at the end of the last trading period, the closing price was at $4.26.
Jefferies Downgrades Woodward to Hold
Jefferies analyst Sheila Kahyaoglu downgrades Woodward (NASDAQ:WWD) from Buy to Hold.
Stocks That Hit 52-Week Lows On Tuesday
Tuesday's session saw 63 companies set new 52-week lows.
Why Applied DNA Sciences Is Trading Higher By 166%, Here Are 75 Stocks Moving In Tuesday’s Mid-Day Session
Gainers
AMTD IDEA Group (NYSE: AMTD) shares jumped 284% to $8.00 after jumping 18% on Monday. The company owns 90%+ of AMTD Digital.
Avis Budget, Zebra Technologies And Some Other Big Stocks Moving Lower On Tuesday
FAT Brands Inc. (NASDAQ: FATBB) fell 30% to $10.50. The company recently posted a Q2 net loss of $8.2 million or $0.50 per share.
12 Industrials Stocks Moving In Monday’s After-Market Session
Gainers
Sentage Hldgs (NASDAQ:SNTG) shares rose 10.4% to $0.63 during Monday's after-market session. The market value of their outstanding shares is at $8.8 million.
Recap: Woodward Q3 Earnings
Woodward (NASDAQ:WWD) reported its Q3 earnings results on Monday, August 1, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Woodward missed estimated earnings by 29.67%, reporting an EPS of $0.64 versus an estimate of $0.91.
Woodward Sees FY22 Adj. EPS $2.55-$2.75 vs $3.25 Est., Sales $2.35B-$2.40B vs $2.41B Est.
In light of the continuing global supply chain and labor disruptions and net inflationary impacts, we are revising our FY22 guidance as follows:
Total net sales for 2022 are now expected to be
Earnings Scheduled For August 1, 2022
Companies Reporting Before The Bell
• Bon Natural Life (NASDAQ:BON) is projected to report earnings for its first quarter.