Snowflake Inc. (SNOW:NYE) Analysts are Bullish with a Strong Buy rating, $241 target

UBS downgrades Snowflake stock forecast to Neutral while raising the snowflake stock price from $165 to $175
Barclays raises the rating to overweight, targets up from $158 to $210

Snowflake Inc. Stock Analysis:

Based on the Snowflake stock forecast from 30 analysts, the average analyst Snowflake stock price is targetted at USD 241.05 over the next 12 months. Snowflake Inc.’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Snowflake Inc. is Slightly Bearish, which is based on 3 positive signals and 7 negative signals. At the last closing, Snowflake Inc.’s stock price was USD 170.44. Snowflake stock price target has changed by -0.24% over the past week, +15.20% over the past month and -41.53% over the last year.

 

About Snowflake Stock (SNOW:NYE)

Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company’s platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of sizes in a range of industries. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana.

 

Most Recent Analyst Ratings for Snowflake:

Snowflake Stock Forecast:

UBS Securities said they downgraded Snowflake stock forecast to Neutral from a Buy, on the rationale that they think expenditures on cloud computing sectors might get cut under the tightening economic environment. They also noted about increasing competition in the space, on the contrary most analysts and investment professionals believe that the industry is still growing at a rapid pace, which leaves room for expanding market share despite new entrants. The analyst, Karl Keirstead did however notch the target on the stock $10 higher.

However at the same time, Barclays Capital maintained their Overweight rating on the snow stock forecast and has a 12-month target of $215 on Snowflake stock price, with the company being one of the best in the sector.

Akre Capital Management just recently confirmed that Their 13F portfolio added Snowflake’s stock to their set of holdings.

ClearBridge Aggressive Growth Strategy  was recently very postive of the company’s outlook in it’s second quarter letter to clients, which said:

“Snowflake operates a cloud-based data platform for small and medium-sized businesses and enterprise customers. The company is a key beneficiary of software spending moving to the cloud, as well as the increasing strategic importance of data. With the potential to address the large and growing market for data cloud, a roughly $250 billion plus opportunity by 2026, we see a long runway for growth ahead. Although the company is already profitable, we believe Snowflake still has significant room for free cash flow margin expansion.”

 

What we like:

(Bullish Signals)

High market capitalization

Snowflake stock forecast: This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What we don’t like:

(Bearish Signals)

Poor risk-adjusted returns

Snowflake stock forecast: This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

GameStop Corp. (GME:NYE) Analysts rate as a Sell, 8 Bearish Signals Detected

Wedbush maintains GME stock forecast underperform rating, targets down from $30 to $7.5

GameStop Corp Stock Analysis:

Based on the GME stock forecast from 2 analysts, the average analyst GME stock price is USD 56.67 over the next 12 months. GameStop stock forecast average analyst rating is Sell. Stock Target Advisor’s own stock analysis of GameStop Corp is Bearish, which is based on 3 positive signals and 8 negative signals. At the last closing, GME stock price was USD 39.68GameStop Corp’s stock price has changed by -8.68% over the past week, -71.99% over the past month and -2.34% over the last year. The average Crowd/User rating on the stock is a Buy, with a average target of $203 per share.

About GME Stock Forecast (GME:NYE)

GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, virtual reality products, and memory cards; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It also sells collectibles comprising licensed merchandise primarily related to the gaming, television, and movie industries, as well as pop culture themes. As of January 29, 2022, the company operated 4,573 stores and ecommerce sites under the GameStop, EB Games, and Micromania brands; and 50 pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand, as well as offers Game Informer, a print and digital video game publication featuring reviews of new releases, previews of the big titles on the horizon, and coverage of the latest developments in the gaming industry. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.

Most Recent Ratings for GameStop:

NEWS:

NewConstructs CEO, David Trainer just announced his concerns to investors about cashflow issues surrounding  the company.  Trainer states “The cash crisis at GameStop is getting worse as the company burned through $263 million in FCF (free cash flow) excluding acquisitions over the TTM [trailing 12 months] ended fiscal 1Q23, down from positive FCF excluding acquisitions of $46 million in the year ago period,” Trainer wrote. “With just $1.0 billion in cash and cash equivalents at the end of fiscal 1Q23, GameStop’s cash balance could only sustain its cash burn for another 18 months after fiscal 1Q23, assuming cash burn is similar to the TTM.”

SEC regulators are currently investigating  Melvin Capital and it’s involvement in the Gamestop Meme saga.  The regulators are probing to see if  sufficient risk controls and investor disclosures were used as the investment company lost significant capital as a consequence of the short squeeze on the stock. Melvin Capital is  famous for shorting GameStop, and incurred losses of more than 50% in January 2021, as WallStreetBets retail traders short squeezed the institutional players that were taking a downside position on the stock.

 

Analysis of GME Stock Forecast

What we like:

(Bullish Signals)

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

 

What we don’t like:

(Bearish Signals)

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Ally Financial Inc. (ALLY:NYE) Analysts Bullish with a Strong Buy, $48 target

Piper Sandler rates Ally stock forecast as underweight and downgrades the Ally stock price target from $45 to $34.

Based on the Ally Financial stock forecast from 12 analysts, the average analyst Ally stock price target is USD 48.32 over the next 12 months. Ally Financial Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Ally stock forecast is Slightly Bearish, which is based on 4 positive signals and 5 negative signals. At the last closing, Ally Financial stock price was USD 35.67Ally Financial stock price has changed by +2.20% over the past week, +1.24% over the past month and -33.62% over the last year.

Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. It operates through four segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.

 

What we like:

High market capitalization:

Digital Ally stock is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

High dividend returns:

Ally stock forecast has shown that the stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis, for investors seeking high income yields.

Positive cash flow:

Ally stock forecast has shown that the company had positive total cash flow in the most recent four quarters.

Superior Dividend Growth:

Digital Ally stock has shown top quartile dividend growth in the previous 5 years compared to its sector

 

What we don’t like:

High volatility:

The total returns for Digital Ally stock are volatile and above the median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings:

Ally stock price is trading high compared to its peers on a price-to-earning basis and is above the sector median.

Overpriced on cashflow basis:

Ally stock price is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on assets:

Ally stock forecast has shown that the company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Low Revenue Growth:

Digital Ally stock has shown below median revenue growth in the previous 5 years compared to its sector

Activision Blizzard Inc. (ATVI:NSD) Analysts are Bullish with a Strong Buy rating

Deutsche Bank Capital targets down the ATVI target price to $84.

Based on the Activision Blizzard stock forecast from 3 analysts, the average analyst ATVI target price is USD 91.33 over the next 12 months. Activision Blizzard Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Activision Blizzard stock forecast is Neutral, which is based on 6 positive signals and 7 negative signals. At the last closing, ATVI stock price was USD 80.73ATVI stock price has changed by -0.27% over the past week, +3.34% over the past month and -3.72% over the last year.

Activision Blizzard, Inc., together with its subsidiaries, develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Activision, Blizzard, and King. The company is headquartered in Santa Monica, California.

 

What we like:

High market capitalization:

Activision Blizzard stock is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior capital utilization:

ATVI stock forecast shows that the company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow:

ATVI stock forecast shows that the company had positive total cash flow in the most recent four quarters.

Positive free cash flow:

ATVI stock forecast shows that the company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth:

ATVI stock price has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth:

ATVI stock price has shown top quartile dividend growth in the previous 5 years compared to its sector

 

What we don’t like:

Below median dividend returns:

ATVI stock forecast shows that the company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings:

ATVI stock price is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value:

ATVI stock price is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis:

ATVI stock price is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged:

ATVI stock forecast shows that the company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the Activision stock forecast and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis:

ATVI stock price is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth:

ATVI stock price has shown below median revenue growth in the previous 5 years compared to its sector

Geo Group Inc. (GEO:NYE) Fundamental Analysis is Bullish, 10 Positive Signals detected

Based on the Geo Group stock forecasts from 1 analysts, the average analyst Geo stock price target is $10 over the next 12 months. Geo Group Inc’s average analyst rating is Speculative. Stock Target Advisor’s own stock analysis of Geo Group stock is Slightly Bullish, which is based on 10 positive signals and 7 negative signals. At the last closing, Geo stock price was USD 7.60Geo stock price has changed by +0.77% over the past week, +1.15% over the past month and -10.38% over the last year.

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO’s diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care®, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO’s worldwide operations include the ownership and/or delivery of support services for 103 facilities totaling approximately 83,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 18,000 employees.

 

What we like:

Low volatility:

The annual returns of Geo Group stock have been stable and consistent compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns:

Geo Group stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings:

Geo stock price is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value:

Geo stock price is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check Geo stock news and its financial performance to make sure there is no specific reason.

Underpriced on cashflow basis:

Geo stock price is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check Geo stock news and its financial performance to make sure there is no specific reason.

Superior return on assets:

Geo stock forecast shows that the company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow:

Geo stock news has shown that the company had positive total cash flow in the most recent four quarters.

Positive free cash flow:

Geo stock news has shown that the company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis:

Geo stock price is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High Gross Profit to Asset Ratio:

Geo stock price is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

 

What we don’t like:

Low market capitalization:

Geo stock price is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns:

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

Below median dividend returns:

The average income yield of Geo Group stock over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Highly leveraged:

Geo Group stock is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the Geo stock news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth:

Geo Group stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth:

Geo stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth:

Geo stock has shown below median dividend growth in the previous 5 years compared to its sector.