Upbeat Stocks At Street: Dover Corporation (NYSE:DOV), VOXX International Corporation (NASDAQ:VOXX), Pacific Continental Corp. (NASDAQ:PCBK)

April 26, 2023 2:02 am7 commentsViews: 56

A maker of specialized products and components, Dover Corporation (NYSE:DOV) cut its full-year 2015 earnings and revenue outlook. The firm quoted weakness in the North American oil and gas markets, as well as muted capital spending in retail refrigeration and certain industrial end-markets as factors behind the revised guidance. Dover now expects full-year earnings of $3.75 to $3.90 per share, compared with prior guidance of $4.20 to $4.40 per share; and revenue to decline 8% to 9%, compared with prior expectations of a 4% to 6% decline. Analysts expect Dover to report earnings of $4.16 per share and revenue to decline of 6.1% for 2015. Shares of Dover Corporation (NYSE:DOV) opened at $66.47 with 160.38 million outstanding shares and hit to its highest price of $66.93 during the day and finally closed at $65.28 by scoring -2.91%. In the whole session, it traded on volume of 3.08 Million shares, which turned higher than its average volume.

VOXX International Corporation (NASDAQ:VOXX) released that a net loss for the Q1 of $0.7M or $0.03 per share, as compared to net income of $0.5 million or $0.02 per share for the year-ago quarter. Net sales for the first quarter fell 12.1% to $164.4 million from $187.0 million a year ago. Analysts polled by Thomson Reuters expected the company to report a loss of $0.03 per share on revenue of $168.16 million for the first quarter. VOXX International Corporation (NASDAQ:VOXX) stock hit highest price at $8.54, beginning with a price of $8.31 to close at 8.01 by a decrease of -1.84% with a day range of $7.87-$8.54. The total market capitalization remained 193.47 Million, total volume of 222008 shares held in the session was surprisingly higher than its average volume of 112.73 shares.

The holding company of Pacific Continental Bank, Pacific Continental Corp. (NASDAQ:PCBK) announced that it has hired Richard Sawyer as executive vice president and chief financial officer. Sawyer, 50, replaces Mick Reynolds as executive vice president and CFO who announced his retirement earlier this year. Sawyer was the executive vice president and chief financial officer for Tower Financial Corp. On the other consideration, Pacific Continental Corp. (NASDAQ:PCBK) begun last trade with a price of $13.50 and throughout the trading session climbed at $13.50. The day-trade ended with an increase of 0.37% to close at $13.44. The stock is going forward its fifty-two week low with 8.01% and lagging behind from its 52 week high price with -8.32%. PCBK last month stock price volatility remained 1.76%.


Leave a Reply

Show Buttons
Hide Buttons