VelocityShares 3x Long Natural Gas ETN (UGAZF:OTC) STA Ressearch assigns a Buy rating

STA Research assigns a Speculative Buy rating, and a 12 month target forecast of $13 per share on the ETF.

Based on the VelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI® Natural Gas Index ER stock (ugazf stock).  Stock Target Advisor’s own stock analysis of VelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI® Natural Gas Index ER is Neutral, which is based on 1 positive signals and 1 negative signals. At the last closing, VelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI® Natural Gas Index ER’s stock price was USD 8.99. VelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI® Natural Gas Index ER’s (ugazf stock) stock price has changed by +1.88% over the past week, -5.91% over the past month and -7.03% over the last year.

What we like:

Superior risk-adjusted returns

This stock has performed well, on a risk-adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

 

What we don’t like:

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.

Santo Mining Corp (SANP:OTC) Stock is Bearish based on 5 signals

Santo Mining Corp: Stock Target Advisor’s own stock analysis of Santo Mining Corp is Very Bearish, based on 0 positive and 5 negative signals. At the last closing, Santo Mining Corp’s stock price was -76.19% over the last year.

SANP Stock/Santo Mining Corp., doing business as Santo Blockchain Labs, is a blockchain and cryptocurrency development company that operates in the countries of Vietnam and the Republic of Panama. Santo Blockchain Labs is vertically integrated. End-to-end Blockchain as a Service is managed and developed by the company in addition to being operated.

In addition to this, it creates eXtended reality and Internet of Things solutions, as well as smart digital contracts, non-fungible tokens, and tokenization of digital to physical assets. Santo Mining Corp. (sanp stock) was once known as Santo Pita Corp., but in March 2012, the company officially changed its name to Santo Mining Corp. The Santo Mining Corp. was established in the year 2009 and currently maintains its headquarters in Aventura, Florida.

 

What we like:

There is no fundamental attribute that we can detect on the stock that would warrant a positive outlook.

What we don’t like:

Low market capitalization

This 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 to its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company 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.

Negative cash flow

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.

GrowGeneration Corp.(GRWG:NSD) Wells Fargo lowers the target price to $3.50

Wells Fargo maintains GrowGeneration Corp. with an Equal-Weight rating and lowers the target price to $3.50 from $4 on the company’s stock.

Based on the GrowGeneration Corp stock forecasts from 6 analysts, the average analyst target price for GrowGeneration Corp is USD 10.80 over the next 12 months. GrowGeneration Corp’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of GrowGeneration Corp is Neutral, which is based on 7 positive signals and 7 negative signals. At the last closing, GrowGeneration Corp’s stock price was USD 3.90GrowGeneration Corp’s stock price has changed by +1.30% over the past week, -22.92% over the past month and -90.52% over the last year.

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It engages in the marketing and distribution of nutrients, growing media, advanced indoor and greenhouse lighting, environmental control systems, vertical benching, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products. The company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. As of March 01, 2022, it operated a chain of 63 stores, which includes 23 in California, 8 in Colorado, 7 in Michigan, 5 in Maine, 6 in Oklahoma, 4 in Oregon, 3 in Washington, 2 in Nevada, 1 in Arizona, 1 in Rhode Island, 1 in Florida, 1 in Massachusetts, and 1 in New Mexico, as well as growgeneration.com, an online superstore for cultivators. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.

What we like:

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.

Underpriced compared to book value

The stock 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 its financial performance to make sure there is no specific reason.

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.

Positive cash flow

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

Positive free cash flow

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

Superior Earnings Growth

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

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What we don’t like:

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.

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 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.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

The stock 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.

 

ChargePoint Holdings Inc.(CHPT:NYE) Stifel Nicolaus Research lowers the target price to $26

Stifel Nicolaus Research maintains ChargePoint Holdings Inc with a Buy rating and lowers the target price to $26 from $32 on the company’s stock.

Based on the ChargePoint Holdings Inc stock forecasts from 11 analysts, the average analyst target price for ChargePoint Holdings Inc is USD 20.74 over the next 12 months. ChargePoint Holdings Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of ChargePoint Holdings Inc is Bearish, which is based on 1 positive signals and 4 negative signals. At the last closing, ChargePoint Holdings Inc’s stock price was USD 14.43ChargePoint Holdings Inc’s stock price has changed by +15.35% over the past week, +30.94% over the past month and -55.75% over the last year.

ChargePoint Holdings, Inc. provides electric vehicle (EV) charging networks and charging solutions in the United States and internationally. It offers a portfolio of hardware, software, and services for commercial, fleet, and residential customers. The company was founded in 2007 and is headquartered in Campbell, California

What we like:

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.

What we don’t like:

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 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.

Negative cashflow

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

 

Blink Charging Co.(BLNK:NSD) Stifel Nicolaus Research cuts the target price to $19

Stifel Nicolaus Research maintains a Hold rating on Blink Charging Co. and cuts the target price to $19 from $30 on the company’s stock.

Based on the Blink Charging Co stock forecasts from 5 analysts, the average analyst target price for Blink Charging Co is USD 20.17 over the next 12 months. Blink Charging Co’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Blink Charging Co is Bearish, which is based on 1 positive signals and 4 negative signals. At the last closing, Blink Charging Co’s stock price was USD 16.38Blink Charging Co’s stock price has changed by +8.98% over the past week, +9.35% over the past month and -57.75% over the last year.

Blink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a cloud-based system that operates, maintains, and manages various Blink charging stations and associated charging data, back-end operations, and payment processing, as well as offers property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations; and provides EV drivers with station information, including station location, availability, and applicable fees. In addition, the company provides EV charging hardware, software services, and service plans. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. The company offers its services through direct sales force and resellers, as well as sells residential Level 2 chargers through various internet channels. As of March 10, 2022, it deployed approximately 30,000 charging ports. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida

What we like:

Underpriced compared to earnings

The stock 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.

What we don’t like:

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.

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.

Low Earnings Growth

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