Natural gas for transportation supplier Clean Energy Fuels Corp (NASDAQ:CLNE) reported earnings on May 10, and while the company was profitable on both a GAAP and adjusted basis, growth -- measured in gallons of natural gas delivered -- slowed to almost a trickle, even when adjusted for last year's sale of the biomethane business. At the same time, the cyclical nature of its station construction and expansion business also affected the results, playing a role in a big decline in revenue.
Yet even with these concerns, there were some positives on earnings day that investors should now factor into the thesis for the company, including a big announcement prior to earnings that multinational energy giant Total was taking a 25% stake in the company and would partner with it in an upcoming program to help accelerate adoption of heavy-duty natural gas trucks in the U.S.
Clean Energy is counting on it being the dawn of heavy-duty natural gas vehicles. Image source: Clean Energy Fuels.
Top 5 Clean Energy Stocks To Watch For 2019: Saratoga Investment Corp(SAR)
Advisors' Opinion:- [By Max Byerly]
Headlines about Saratoga Investment (NYSE:SAR) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Saratoga Investment earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.4912059514825 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Saratoga Investment (SAR)
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- [By Stephan Byrd]
Saratoga Investment Corp (NYSE:SAR) – Equities research analysts at B. Riley dropped their Q3 2019 EPS estimates for shares of Saratoga Investment in a report issued on Thursday, August 23rd. B. Riley analyst T. Hayes now forecasts that the financial services provider will post earnings of $0.54 per share for the quarter, down from their prior forecast of $0.55. B. Riley also issued estimates for Saratoga Investment’s Q2 2020 earnings at $0.58 EPS.
Top 5 Clean Energy Stocks To Watch For 2019: Carnival Corporation(CCL)
Advisors' Opinion:- [By Demitrios Kalogeropoulos]
Shares of the major cruise giants Carnival (NYSE:CCL), Royal Caribbean (NYSE:RCL), and Norwegian Cruise Line (NASDAQ:NCLH) all beat the market last month by gaining between 17% and 23% compared with an 8% spike in the S&P 500, according to data provided by S&P Global Market Intelligence.
- [By Chris Lange]
Carnival Corp. (NYSE: CCL) fiscal first-quarter report is scheduled for Thursday. The consensus forecast is $0.43 in EPS on $4.11 billion in revenue. Shares closed at $66.91 apiece. The consensus price target is $76.94, and the 52-week range is $57.09 to $72.70.
- [By Demitrios Kalogeropoulos]
There's no sign of rough seas ahead in the cruise ship industry. Instead, Carnival (NYSE:CCL) just announced fiscal second-quarter earnings results that sailed past management's guidance for the second straight quarter.
Top 5 Clean Energy Stocks To Watch For 2019: Meridian Bioscience Inc.(VIVO)
Advisors' Opinion:- [By Ethan Ryder]
ILLEGAL ACTIVITY WARNING: “Meridian Bioscience, Inc. (VIVO) Holdings Reduced by Louisiana State Employees Retirement System” was originally posted by Ticker Report and is the property of of Ticker Report. If you are reading this report on another site, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.tickerreport.com/banking-finance/4129405/meridian-bioscience-inc-vivo-holdings-reduced-by-louisiana-state-employees-retirement-system.html.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Meridian Bioscience (VIVO)
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- [By Logan Wallace]
VIVO (CURRENCY:VIVO) traded down 0.1% against the dollar during the 24 hour period ending at 0:00 AM Eastern on May 8th. In the last seven days, VIVO has traded down 9.4% against the dollar. One VIVO coin can now be bought for about $0.77 or 0.00008506 BTC on major cryptocurrency exchanges including Cryptopia, CryptoBridge and Stocks.Exchange. VIVO has a market cap of $1.41 million and approximately $9,560.00 worth of VIVO was traded on exchanges in the last day.
Top 5 Clean Energy Stocks To Watch For 2019: Athene Holding Ltd. (ATH)
Advisors' Opinion:- [By Stephan Byrd]
Get a free copy of the Zacks research report on Athene (ATH)
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- [By Joseph Griffin]
Strs Ohio grew its stake in shares of Athene Holding Ltd (NYSE:ATH) by 28.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 770,000 shares of the insurance provider’s stock after buying an additional 171,000 shares during the period. Strs Ohio’s holdings in Athene were worth $33,756,000 at the end of the most recent reporting period.
- [By Max Byerly]
Athabasca Oil (TSE:ATH) had its price objective hoisted by Raymond James from C$2.00 to C$2.50 in a research report released on Tuesday morning.
Other research analysts also recently issued research reports about the company. GMP Securities increased their price objective on Athabasca Oil from C$1.65 to C$2.25 in a report on Tuesday, May 15th. TD Securities upped their target price on Athabasca Oil from C$1.75 to C$2.25 and gave the company a buy rating in a research report on Thursday, May 10th. BMO Capital Markets upped their target price on Athabasca Oil from C$1.60 to C$2.25 and gave the company a market perform rating in a research report on Thursday, May 10th. Finally, Royal Bank of Canada upped their target price on Athabasca Oil from C$2.00 to C$2.50 and gave the company an outperform rating in a research report on Thursday, May 10th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of C$2.23.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Athene (ATH)
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- [By Stephan Byrd]
Athene Holding Ltd (NYSE:ATH) insider Grant Kvalheim sold 4,068 shares of the company’s stock in a transaction on Friday, August 10th. The stock was sold at an average price of $50.00, for a total transaction of $203,400.00. Following the completion of the sale, the insider now owns 1,631,434 shares of the company’s stock, valued at $81,571,700. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
- [By Stephan Byrd]
Athene Holding Ltd (NYSE:ATH) insider Grant Kvalheim sold 2,505 shares of the company’s stock in a transaction on Thursday, August 23rd. The shares were sold at an average price of $50.01, for a total value of $125,275.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Top 5 Clean Energy Stocks To Watch For 2019: Bank of Nova Scotia (BNS)
Advisors' Opinion:- [By Stephan Byrd]
TRADEMARK VIOLATION WARNING: “Virginia Retirement Systems ET AL Raises Stake in Bank of Nova Scotia (BNS)” was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this report can be accessed at https://www.tickerreport.com/banking-finance/4168547/virginia-retirement-systems-et-al-raises-stake-in-bank-of-nova-scotia-bns.html.
- [By Stephan Byrd]
Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) insider Andrew Branion sold 332 shares of the firm’s stock in a transaction on Wednesday, October 10th. The shares were sold at an average price of C$74.49, for a total value of C$24,730.68.
- [By Motley Fool Staff]
Bank of Nova Scotia (NYSE:BNS)Q2 2018 Earnings Conference CallMay 29, 2018, 8:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Adam Borgatti -- Vice President, Investor Relations
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