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Zacks News
Wall Street Analysts Believe LCI (LCII) Could Rally 38%: Here's is How to Trade
by Zacks Equity Research
The mean of analysts' price targets for LCI (LCII) points to a 38.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Volkswagen (VWAGY) to Break Ground with ID.Buzz, OTA 3.0 Software
by Zacks Equity Research
Volkswagen's (VWAGY) North American investment of $7.1 billion including ID.Buzz will likely aid its presence in the EV space. Its OTA 3.0 software update's advanced features promise a novel experience.
General Motors (GM) to Acquire SoftBank's Stake in Cruise
by Zacks Equity Research
General Motors' (GM) investment in SoftBank's equity ownership of the self-driving car Cruise seeks to create shareholder value and strengthen GM's financials.
Honda's (HMC) to Invest $1.38B in CR-V Hybrid Model in Canada
by Zacks Equity Research
Honda (HMC) will invest $1.38 billion in its Canada plants to manufacture the next generation 2023 CR-V Hybrid model to make a mark in the EV domain.
General Motors (GM) to Deliver Cadillac's 1st Luxury EV Lyriq
by Zacks Equity Research
General Motors (GM) is prepared to deliver Cadillac's Lyriq in May, but the ongoing chip crisis may hurt volumes. It noted that most of its dealers are equipped to sell the vehicle by May.
Tesla (TSLA) Hikes Prices Across Entire EV Range on Rising Costs
by Zacks Equity Research
Tesla (TSLA) hikes prices across its entire EV lineup due to rising metal costs and the Russia-Ukraine war-led supply disruptions. Its cheapest car now costs nearly $47K.
The Zacks Analyst Blog Highlights Ford Motor, Harley-Davidson, LCI Industries, and Tesla
by Zacks Premium Research
Ford Motor, Harley-Davidson, LCI Industries, and Tesla are part of Today's Analyst article.
Toyota (TM) Halts Operations in China Amid New COVID Lockdown
by Zacks Equity Research
Toyota (TM) orders suspension of operations in China until further notice in response to government-imposed lockdown and restrictions.
Ford (F) Impresses With New Electrification Efforts in Europe
by Zacks Equity Research
Ford (F) announces a joint venture as part of its diligent efforts to move toward a future of electrified mobility in Europe by 2026.
Ford (F) Partners for F-150 Capabilities Amid Likely Sales Fall
by Zacks Equity Research
Ford (F) sales rumored to slip due to intensifying production setbacks. However, it has partnered with PG&E for home and grid powering with its F-150 EV model.
Here's Why You Should Hold on to LKQ Stock for the Moment
by Zacks Equity Research
LKQ gains from buyouts that aid sales. Low leverage and high liquidity strengthen its balance sheet. High R&D costs, chip crisis, and lower prices for precious metal and scrap steel are headwinds.
Reasons to Hold On to Genuine Parts (GPC) Stock For Now
by Zacks Equity Research
Genuine Parts (GPC) is in an advantageous position from buyouts that promise synergies and rise in revenues, but is facing the brunt of rising SG&A and unfavorable forex.
Oshkosh (OSK) Arm Buys CartSeeker to Enhance Tech Capabilities
by Zacks Equity Research
McNeilus Truck, which operates under Oshkosh's (OSK) commercial unit, buys AI-based waste management product, CartSeeker, to revolutionize the waste disposal industry.
Volkswagen (VWAGY) to Invest $2.2B in Trinity Sedan Plant
by Zacks Equity Research
Volkswagen (VWAGY) is set to scale new heights in EV domain with its $2.2-billion investment in the pioneering Trinity Sedan factory in Germany.
General Motors (GM) & POSCO to Work on Quebec Ultium Battery Unit
by Zacks Equity Research
General Motors (GM) and POSCO collaborate with governments of Canada and Quebec for the setup of a new Ultium Battery Plant in Quebec to power the auto bigwig's major EVs.
Wall Street Analysts Predict a 42% Upside in LCI (LCII): Here's What You Should Know
by Zacks Equity Research
The mean of analysts' price targets for LCI (LCII) points to a 41.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Tesla (TSLA) Inks Major Lithium Supply Pact With Core Lithium
by Zacks Equity Research
Australian Core Lithium will provide Tesla (TSLA) nearly 110,000 tons of lithium to cater to the demand surge for EVs. Supply is expected to begin in the second half of 2023.
Stellantis' (STLA) Bold Future Plan Set to Churn Out Big Gains
by Zacks Equity Research
Stellantis (STLA) launches Dare Forward 2030 strategic plan to bolster its transition to carbon-neutral vehicles by 2038. It also aims to add $335 billion in annual revenues by 2030.
Allison (ALSN) Hikes Dividend by 11%, Notable Efforts Underway
by Zacks Equity Research
Allison's (ALSN) board approves a quarterly dividend hike of 11% and announces a newly authorized share buyback program. Also, it gains ground in the defense market.
Standard Motors (SMP) Beats on Q4 Earnings, Hikes Dividend
by Zacks Equity Research
Standard Motors (SMP) reports robust sales in the fourth quarter of 2021. Earnings fall year over year, led by non-recurring expenses. The company raises dividend by 2 cents.
Wall Street Analysts Believe LCI (LCII) Could Rally 36%: Here's is How to Trade
by Zacks Equity Research
The consensus price target hints at a 36.1% upside potential for LCI (LCII). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
LCI (LCII) Q4 Earnings and Revenues Top Estimates
by Zacks Equity Research
LCI (LCII) delivered earnings and revenue surprises of 15.41% and 7.50%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
LCI (LCII) Earnings Expected to Grow: Should You Buy?
by Zacks Equity Research
LCI (LCII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tesla (TSLA) Delivers Record-Setting 308,600 Cars in Q4
by Zacks Equity Research
Tesla (TSLA) reports total deliveries of 308,600 vehicles in the fourth quarter of 2021, breezing past its previous high mark of 241,300 set in the third quarter of 2021.
Tesla (TSLA) Recalls 475K Plus US Cars Over Potential Defects
by Zacks Equity Research
Tesla (TSLA) is recalling 356,309 2017-2020 Model 3 cars and 119,009 Model S vehicles in the United States.