FMP
Oct 28, 2024 1:36 PM - Davit Kirakosyan
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Truist Securities analysts maintained their Buy rating and a $47 price target for Ovintiv (NYSE:OVV), citing steady production and strong free cash flow generation. The analysts expect Ovintiv's third-quarter performance to align with company expectations, driven by stable production levels and ongoing operational efficiencies.
The analysts highlighted a significant reduction in capital spending during Q3 2024, which is expected to continue in the coming quarters. This lower spending, combined with stable output, led to an estimated $400 million in free cash flow for the quarter, with about 70% returned to shareholders and the remainder allocated for debt reduction.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...