Best Energy Stocks To Own Right Now

tags:MOBL,EDU,CPSI,

Suncor Energy (NYSE:SU) recently put the finishing touches on two megaprojects that position it for significant production growth in the near term. However, the company's growth beyond this phase remains unclear because it can't sanction new oil sands projects until more pipelines come online, which won't happen anytime soon due to continued opposition. Because of that, the company needs to look elsewhere to drive future growth.

A gusher in the near term

Suncor Energy delivered first oil on both its Fort Hills oil sands facility and the Hebron offshore oil platform at the end of last year. Those two expansions position the company to produce between 740,000 to 780,000 barrels of oil equivalent per day (BOE/D) this year, up about 10% from last year. Meanwhile, as production ramps up from these projects, the company's output should head up toward 900,000 BOE/D by 2020, which implies 9% compound annual growth in production per share from the starting point in 2016.

Image source: Getty Images.

Best Energy Stocks To Own Right Now: MobileIron, Inc.(MOBL)

Advisors' Opinion:

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on MobileIron (MOBL)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Joseph Griffin]

  Mobileiron Inc (NASDAQ:MOBL) has been given an average recommendation of “Hold” by the nine research firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $6.19.

• [By Logan Wallace]

  Get a free copy of the Zacks research report on Mobileiron (MOBL)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Best Energy Stocks To Own Right Now: New Oriental Education & Technology Group, Inc.(EDU)

Advisors' Opinion:

• [By Motley Fool Staff]

  New Oriental Education & Technology Group (NYSE:EDU) Q3 2017 Earnings Conference CallApril 24, 2018 8:00 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Lisa Levin] Gainers Sanmina Corp (NASDAQ: SANM) shares rose 15.2 percent to $31.90 in pre-market trading as the company reported stronger-than-expected earnings for its second quarter on Monday. Cadence Design Systems, Inc. (NASDAQ: CDNS) rose 12.4 percent to $41.30 in pre-market trading after the company posted upbeat Q1 results and issued a strong Q2 forecast. Aeglea BioTherapeutics, Inc. (NASDAQ: AGLE) rose 10.8 percent to $8.75 in pre-market trading. Mitel Networks Corporation (NASDAQ: MITL) rose 8.8 percent to $11.05 in pre-market trading after the company agreed to be acquired by affiliates of Searchlight Capital Partners for $2.0 billion. Galectin Therapeutics, Inc. (NASDAQ: GALT) rose 7.3 percent to $3.70 in pre-market trading. Riot Blockchain, Inc. (NASDAQ: RIOT) shares rose 6.9 percent to $7.00 in pre-market trading after declining 1.50 percent on Monday. Hallmark Financial Services, Inc. (NASDAQ: HALL) rose 6.5 percent to $10.68 in pre-market trading. Boot Barn Holdings, Inc. (NYSE: BOOT) rose 5.2 percent to $20.40 in pre-market trading after gaining 4.53 percent on Monday. New Oriental Education & Technology Group Inc. (NYSE: EDU) rose 5 percent to $91.16 in pre-market trading after reporting Q3 results. Shire plc (NASDAQ: SHPG) rose 5 percent to $167.98 in pre-market trading after Bloomberg reported that Takeda is nearing a preliminary agreement to acquire Shire after sweetened bid. Outfront Media Inc. (NYSE: OUT) shares rose 5 percent to $19.00 in pre-market trading. Geron Corporation (NASDAQ: GERN) rose 4.3 percent to $4.18 in pre-market trading after gaining 5.80 percent on Monday. SAP SE (NYSE: SAP) rose 3.7 percent to $109.80 in pre-market trading after the company posted strong quarterly results and raised its outlook for the year. Golden Ocean Group Limited (NASDAQ: GOGL) shares rose 3.7 percent to $8.70 in pre-market trading after gaining 1.45 percent on Monday. Deutsche Bank Aktiengesellschaft (NYSE: D
• [By Ethan Ryder]

  EduCoin (EDU) is a PoW/PoS token that uses the Keccak hashing algorithm. It launched on September 9th, 2017. EduCoin’s total supply is 15,000,000,000 tokens. EduCoin’s official website is www.edu.one. EduCoin’s official Twitter account is @PReducoin.

• [By Max Byerly]

  State of New Jersey Common Pension Fund D trimmed its position in shares of New Oriental (NYSE:EDU) by 11.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 148,379 shares of the company’s stock after selling 19,268 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in New Oriental were worth $13,005,000 at the end of the most recent reporting period.

• [By Brian Stoffel]

  As the old saying goes, "You need to strike when the iron is hot."�Management at New Oriental Education & Technology Group�(NYSE:EDU), a provider of in-person and online after-school tutoring in China, knows that the business is red-hot right now; it is striking by leveraging its balance sheet and growing brand by pushing a massive expansion throughout the Middle Kingdom.

• [By Ethan Ryder]

  Strayer Education (NASDAQ: STRA) and New Oriental Education & Tech Grp (NYSE:EDU) are both consumer discretionary companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, earnings, institutional ownership and profitability.

Best Energy Stocks To Own Right Now: Computer Programs and Systems Inc.(CPSI)

Advisors' Opinion:

• [By Max Byerly]

  Computer Programs & Systems, Inc. (NASDAQ:CPSI) has received an average rating of “Hold” from the nine brokerages that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $30.80.

• [By Stephan Byrd]

  Millrace Asset Group Inc. acquired a new position in shares of Computer Programs & Systems, Inc. (NASDAQ:CPSI) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 45,000 shares of the company’s stock, valued at approximately $1,314,000. Millrace Asset Group Inc. owned about 0.32% of Computer Programs & Systems at the end of the most recent quarter.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Computer Programs & Systems (CPSI)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Handelsbanken Fonder AB Has $60.22 Million Stake in Allegion (ALLE)

Handelsbanken Fonder AB grew its stake in shares of Allegion (NYSE:ALLE) by 2.9% in the 1st quarter, Holdings Channel reports. The firm owned 706,010 shares of the scientific and technical instruments company’s stock after acquiring an additional 20,010 shares during the quarter. Allegion makes up about 1.3% of Handelsbanken Fonder AB’s portfolio, making the stock its 21st biggest position. Handelsbanken Fonder AB’s holdings in Allegion were worth $60,216,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC raised its position in Allegion by 109.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,326 shares of the scientific and technical instruments company’s stock valued at $105,000 after buying an additional 692 shares during the period. Macquarie Group Ltd. acquired a new position in Allegion during the fourth quarter valued at $111,000. Commerzbank Aktiengesellschaft FI acquired a new position in Allegion during the first quarter valued at $205,000. FDx Advisors Inc. acquired a new position in Allegion during the first quarter valued at $209,000. Finally, Claraphi Advisory Network LLC acquired a new position in Allegion during the first quarter valued at $217,000. 87.95% of the stock is owned by institutional investors and hedge funds.

Get Allegion alerts:

Shares of Allegion opened at $81.48 on Tuesday, Marketbeat reports. Allegion has a fifty-two week low of $73.85 and a fifty-two week high of $89.81. The stock has a market capitalization of $7.79 billion, a price-to-earnings ratio of 20.58, a PEG ratio of 1.43 and a beta of 1.05. The company has a current ratio of 1.78, a quick ratio of 1.17 and a debt-to-equity ratio of 3.20.

Allegion (NYSE:ALLE) last released its quarterly earnings data on Thursday, April 26th. The scientific and technical instruments company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.04). Allegion had a net margin of 11.21% and a return on equity of 102.62%. The firm had revenue of $613.10 million during the quarter, compared to analysts’ expectations of $605.47 million. During the same quarter in the previous year, the firm posted $0.71 EPS. Allegion’s revenue was up 11.7% compared to the same quarter last year. equities research analysts expect that Allegion will post 4.48 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 15th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, June 14th. Allegion’s payout ratio is 21.21%.

Several research firms recently weighed in on ALLE. ValuEngine raised Allegion from a “sell” rating to a “hold” rating in a research report on Thursday, June 7th. Zacks Investment Research lowered Allegion from a “buy” rating to a “hold” rating in a research report on Wednesday, April 25th. Berenberg Bank lowered Allegion from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. Wells Fargo & Co reissued an “outperform” rating and set a $105.00 price target (up from $100.00) on shares of Allegion in a research report on Wednesday, February 21st. Finally, Imperial Capital reissued an “outperform” rating and set a $94.00 price target (up from $85.00) on shares of Allegion in a research report on Wednesday, February 21st. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $94.60.

Allegion Profile

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers locks, locksets, portable locks, and key systems; door closers and exit devices; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors and door frames; and other accessories.

Want to see what other hedge funds are holding ALLE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Allegion (NYSE:ALLE).