Recap: BlackRock Capital Inv Q2 Earnings

Recent Stock Performance … through its senior and junior secured, unsecured and subordinated debt securities and loans and equity securities.

Shares of BlackRock Capital Inv (NASDAQ:BKCC) moved higher by 1.3% after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 18.75% year over year to $0.13, which beat the estimate of $0.11.

Revenue of $17,503,000 decreased by 10.95% from the same period last year, which beat the estimate of $16,400,000.

Guidance

BlackRock Capital Inv hasn’t issued any earnings guidance for the time being.

View more earnings on BKCC

Revenue guidance hasn’t been issued by the company for now.

Recent Stock Performance

Company’s 52-week high was at $6.10

52-week low: $1.47

Price action over last quarter: down 11.74%

Company Profile

BlackRock Capital Investment Corporation is a closed-end investment management enterprise based in the United States. It carries out its operations with the aim of generating both income and capital appreciation for its investors through its senior and junior secured, unsecured and subordinated debt securities and loans and equity securities. BlackRock also follows a policy of investing primarily in middle-market companies with adequate annual revenue and positive cash flows. Its investment portfolio includes companies predominantly in the finance sector. Other sectors investments comprise of chemicals, healthcare, consumer goods and retail.

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BlackRock Conflicts Managed ‘Extremely Carefully,’ Fed’s Powell Says

NEW YORK — Any potential conflicts that may arise from having investment giant BlackRock Inc buy corporate bonds and commercial mortgages on …

“I think their conflicts are managed extremely carefully in the contractual arrangement that we have with them,” Powell said.

BlackRock, which in the past has said it is acting as a fiduciary to the Federal Reserve Bank of New York and will execute the mandate at the sole discretion of the bank, had nothing to add to Powell’s comments, a BlackRock spokesman said.

Powell’s public calendar shows he has had four phone conversations with BlackRock’s chief executive, Larry Fink, since March.

Fink “generally checks in to find out whether we are OK with the quality of the service that BlackRock is providing,” Powell said. “He’s typically trying to make sure that we are getting good service from the company.”

BlackRock’s fees for its role in assisting the Fed with its purchases of commercial mortgage-backed securities are capped at $8 million a year, according to details released in March.

What Momenta Pharmaceuticals, Inc. (MNTA) Doesn’t Want You to Know

Press Release reported 15 hours ago that Thinking about trading options or stock in Momenta Pharmaceuticals, Xerox, Canopy Growth Corp, Apple, …

Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) went down by -0.53% from its latest closing price when compared to the 1-year high value of $39.88 and move down -36.86%, while MNTA stocks collected -14.29% of loss with the last five trading sessions. Press Release reported 15 hours ago that Thinking about trading options or stock in Momenta Pharmaceuticals, Xerox, Canopy Growth Corp, Apple, or Plug Power?

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Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) Worth an Investment?

Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA) The 36 Months beta value for MNTA stocks is at 1.47, while 6 of the analysts out of 11 who provided ratings for Momenta Pharmaceuticals, Inc. stocks as a “buy” while 1 as overweight, 4 rated it as hold and 0 as sell. The average price we get from analysts is $44.33 which is $15.49 above current price. MNTA currently has a short float of 5.81% and public float of 116.43M with average trading volume of 1.14M shares.

MNTA Market Performance

MNTA stocks went down by -14.29% for the week, with the monthly drop of -21.31% and a quarterly performance of -7.87%, while its annual performance rate touched 173.87%. The simple moving average for the period of the last 20 days is -12.35% for MNTA stocks with the simple moving average of 10.77% for the last 200 days.

Analysts’ Opinion on Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA)

Many brokerage firms have already submitted their reports for MNTA stocks, with Goldman repeating the rating for MNTA shares by setting it to “Neutral”. The predicted price for MNTA socks in the upcoming period according to Goldman is $29 based on the research report published on March 12, 2020.

JP Morgan, on the other hand, stated in their research note that they expect to see MNTA stock at the price of $30. The rating they have provided for MNTA stocks is “Overweight” according to the report published on January 15, 2020.

SunTrust gave “Buy” rating to MNTA stocks, setting the target price at $29 in the report published on November 12, 2019.

MNTA Stocks -12.72% Far from 50 Day Moving Average

After a stumble in the market that brought MNTA to its low price for the period of the last 52 weeks, Momenta Pharmaceuticals, Inc. was unable to take a rebound, for now settling with -26.93% of loss for the given period.

The stock volatility was left at 5.29%, however, within the period of a single month, the volatility rate increased by 5.59%, while the shares sank at the distance of -18.90% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -6.27% lower at the present time.

In the course of the last 5 trading sessions, MNTA went down by -14.29%, which changed the moving average for the period of 200 days to the total of +122.44% of gains for the stock in comparison to the 20-day moving average settled at $32.91. In addition, Momenta Pharmaceuticals, Inc. saw 47.69% in overturn over the period of a single year with a tendency to cut further gains.

MNTA Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at Momenta Pharmaceuticals, Inc. (MNTA), starting from Arroyo Santiago, who sold 681 shares at the price of $30.00 back on Jul 28. After this action, Rushing now owns 8,848 shares of Momenta Pharmaceuticals, Inc., valued at $20,430 with the latest closing price.

BELTRAMELLO JO ANN, the Chief HR and Inf. Officer of Momenta Pharmaceuticals, Inc., sold 1,219 shares at the value of $30.00 during a trade that took place back on Jul 27, which means that BELTRAMELLO JO ANN is holding 57,106 shares at the value of $36,570 based on the most recent closing price.

MNTA Stock Fundamentals

The current profitability levels are settled at -1133.30 for the present operating margin. The net margin for Momenta Pharmaceuticals, Inc. stands at -1215.25. Total capital return value is set at -56.64, while invested capital returns managed to touch -61.08. Equity return holds the value -77.40%, with -55.20% for asset returns.

Based on Momenta Pharmaceuticals, Inc. (MNTA), the company’s capital structure generated 8.75 points for debt to equity in total, while total debt to capital is set at the value of 8.04.

The value for Enterprise to Sales is 61.93 with debt to enterprise value settled at 0.03. The receivables turnover for Momenta Pharmaceuticals, Inc. is 2.46 with the total asset turnover at the value of 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.08.

For Lumber Liquidators Holdings Inc. [LL], Loop Capital sees a rise to $18. What next?

The top three institutional holders of LL stocks are: BLACKROCK INC. with ownership of 4,389,780, which is approximately -4.447% of the company’s …

Lumber Liquidators Holdings Inc. [NYSE: LL] stock went on a downward path that fall over -5.36% on Tuesday, amounting to a one-week price increase of more than 13.37%. The company report on July 23, 2020 that Lumber Liquidators To Report Second Quarter 2020 Results On August 5, 2020.

Lumber Liquidators (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced that it intends to release second quarter 2020 results on Wednesday, August 5, 2020.

The Company plans to host a conference call and audio webcast on August 5, 2020, at 8:00 a.m. Eastern Time. The conference may be accessed by dialing (877) 407-9039 or (201) 689-8470. A replay will be available approximately two hours after the call ends through August 12, 2020 and may be accessed by dialing (844) 512-2921 or (412) 317-6671 and entering pin number 13706414. The live conference call and replay can also be accessed via audio webcast at the Investor Relations section of the Company’s website, www.LLFlooring.com.

Over the last 12 months, LL stock rose by 127.21%. The one-year Lumber Liquidators Holdings Inc. stock forecast points to a potential downside of -114.51. The average equity rating for LL stock is currently 3.10, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $619.86 million, with 28.74 million shares outstanding and 27.48 million shares in the current float. Compared to the average trading volume of 1.21M shares, LL stock reached a trading volume of 1570941 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Lumber Liquidators Holdings Inc. [LL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LL shares is $10.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LL stock is a recommendation set at 3.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Loop Capital have made an estimate for Lumber Liquidators Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 14, 2020. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $9 to $5. The new note on the price target was released on January 21, 2020, representing the official price target for Lumber Liquidators Holdings Inc. stock. Previously, the target price had yet another raise to $16, while Raymond James analysts kept a Outperform rating on LL stock.

The Average True Range (ATR) for Lumber Liquidators Holdings Inc. is set at 1.10, with the Price to Sales ratio for LL stock in the period of the last 12 months amounting to 0.57. The Price to Book ratio for the last quarter was 3.63, with the Price to Cash per share for the same quarter was set at 0.79. Price to Free Cash Flow for LL in the course of the last twelve months was 71.25 with Quick ratio for the last quarter at 0.40.

LL Stock Performance Analysis:

Lumber Liquidators Holdings Inc. [LL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.37. With this latest performance, LL shares gained by 64.39% in over the last four-week period, additionally plugging by 196.88% over the last 6 months – not to mention a rise of 127.21% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LL stock in for the last two-week period is set at 77.85, with the RSI for the last a single of trading hit 76.52, and the three-weeks RSI is set at 77.92 for Lumber Liquidators Holdings Inc. [LL]. The present Moving Average for the last 50 days of trading for this stock 13.41, while it was recorded at 21.65 for the last single week of trading, and 9.37 for the last 200 days.

Insight into Lumber Liquidators Holdings Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Lumber Liquidators Holdings Inc. [LL] shares currently have an operating margin of +2.23 and a Gross Margin at +37.12. Lumber Liquidators Holdings Inc.’s Net Margin is presently recorded at +0.88.

Return on Total Capital for LL is now 8.29, given the latest momentum, and Return on Invested Capital for the company is 3.48. Return on Equity for this stock inclined to 6.26, with Return on Assets sitting at 1.72. When it comes to the capital structure of this company, Lumber Liquidators Holdings Inc. [LL] has a Total Debt to Total Equity ratio set at 132.59. Additionally, LL Total Debt to Total Capital is recorded at 57.01, with Total Debt to Total Assets ending up at 33.56. Long-Term Debt to Equity for the company is recorded at 113.16, with the Long-Term Debt to Total Capital now at 48.65.

Reflecting on the efficiency of the workforce at the company, Lumber Liquidators Holdings Inc. [LL] managed to generate an average of $4,392 per employee. Receivables Turnover for the company is 79.10 with a Total Asset Turnover recorded at a value of 1.95.Lumber Liquidators Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 1.50.

LL Stock EPS

With the latest financial reports released by the company, Lumber Liquidators Holdings Inc. posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0.08/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -12.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lumber Liquidators Holdings Inc. go to 30.00%.

Lumber Liquidators Holdings Inc. [LL] Insider Position Details

There are presently around $428 million, or 69.40% of LL stock, in the hands of institutional investors. The top three institutional holders of LL stocks are: BLACKROCK INC. with ownership of 4,389,780, which is approximately -4.447% of the company’s market cap and around 2.10% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 2,017,141 shares of the stock with an approximate value of $44.13 million in LL stocks shares; and VANGUARD GROUP INC, currently with $36.66 million in LL stock with ownership of nearly -8.882% of the company’s market capitalization.

Positions in Lumber Liquidators Holdings Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 68 institutional holders increased their position in Lumber Liquidators Holdings Inc. [NYSE:LL] by around 1,867,016 shares. Additionally, 77 investors decreased positions by around 4,480,674 shares, while 28 investors held positions by with 13,213,698 shares. The mentioned changes placed institutional holdings at 19,561,388 shares, according to the latest SEC report filing. LL stock had 20 new institutional investments in for a total of 399,689 shares, while 38 institutional investors sold positions of 1,905,216 shares during the same period.

A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of Earnings, Fed Decision

… General Electric Company (NYSE: GE) and Paypal Holdings Inc (NASDAQ: PYPL) and QUALCOMM, Inc. (NASDAQ: QCOM). An advance report on …

Pre-open movers

U.S. stock futures traded slightly higher in early pre-market trade, after recording a rise in the earlier session. Investors are awaiting earnings results from Boeing Co (NYSE: BA), General Motors Company (NYSE: GM), General Electric Company (NYSE: GE) and Paypal Holdings Inc (NASDAQ: PYPL) and QUALCOMM, Inc. (NASDAQ: QCOM). An advance report on U.S. international trade in goods and wholesale inventories for June will be released at 8:30 a.m. ET. The pending home sales index for June is scheduled for release at 10:00 a.m. ET. The Federal Reserve is expected to announce its policy decision at 2:00 p.m. ET, while the Fed Chairman Jerome Powell will hold a press conference at 2:30 p.m. ET.

The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 4,352,080 with around 149,250 deaths. Brazil confirmed over 2,483,190 cases, while India reported a total of at least 1,531,660 confirmed cases.

Futures for the Dow Jones Industrial Average gained 13 points to 26,310 while the Standard & Poor’s 500 index futures traded rose 6 points to 3,219.00. Futures for the Nasdaq 100 index climbed 43.5 points to 10,583.50.

Oil prices traded higher as Brent crude futures rose 0.9% to trade at $44.00 per barrel, while US WTI crude futures rose 0.8% to trade at $41.37 a barrel. The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is scheduled to release at 10:30 a.m. ET.

A Peek Into Global Markets

European markets were mostly higher today, with the Spanish Ibex Index falling 0.4% and STOXX Europe 600 Index climbing 0.2%. The UK’s FTSE index was trading higher by 0.4%, while French CAC 40 Index rose 0.9% and German DAX 30 declined 0.1%.

In Asian markets, Japan’s Nikkei fell 1.15%, Hong Kong’s Hang Seng Index gained 0.45%, China’s Shanghai Composite Index gained 2.06% and India’s BSE Sensex fell 0.9%.

Broker Recommendation

Analysts at KeyBanc upgraded Quest Diagnostics Inc (NYSE: DGX) from Sector Weight to Overweight and announced a $144 price target.

Quest Diagnostics shares fell 0.5% to close at $123.46 on Tuesday.

Breaking News

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