The extent and duration of COVID-19 on our business and operations is uncertain. Now It’s One of the Most Valuable Stocks in the Car Industry. His total holding in ARVN is now $58.46 million.In a note from Roth Capital, 5-star analyst Zegbeh Jallah writes, “We like management's outline of important next steps, which we believe highlights how Arvinas plans to develop [ARV-110 and ARV-471] to drive value, and build out its early-stage pipeline… The company's robust preclinical pipeline is a nice addition to its strong leading clinical candidates.”Jallah gives the stock a Buy rating, and his $120 price target implies a strong one-year upside of 50%. That someone is going to be XL Fleet — which, of course, is great news for XL stock. William Byron 2020 Axalta Bristol iRacing Win 1/24 Die Cast IN STOCK. It would – and that’s exactly the dream that XL Fleet is trying to make a reality. Condensed Consolidated Statements of Operations (Unaudited), Selling, general and administrative expenses, Less: Net income (loss) attributable to noncontrolling interests, Net income attributable to controlling interests, Basic weighted average shares outstanding, Diluted weighted average shares outstanding, Condensed Consolidated Balance Sheets (Unaudited), Prepaid expenses and other current assets, Common shares, $1.00 par, 1,000.0 shares authorized, 250.7 and 250.1 shares issued at September 30, 2020 and December 31, 2019, respectively, Treasury shares, at cost, 15.2 shares at September 30, 2020 and December 31, 2019, Total liabilities and shareholders' equity, Condensed Consolidated Statements of Cash Flows (Unaudited). Press Release reported on 12/14/20 that Axalta continues automotive color leadership with 68th Global Automotive Color Popularity Report […] Virgin Galactic's December test flight failed to reach space but Wall Street is still bullish. Now, for a limited time, you can get in for just $19. Average price and product mix was a moderate offsetting tailwind in the period, similar to the second quarter. Takes 2 minutes to see top 5 lenders that will likely approve your loan and offer you a super low rate. The most proven option? Buy) along with a $29 price target. Picture Information. Represents incremental depreciation expense resulting from truncated useful lives of the assets impacted by our manufacturing footprint assessments, which we do not consider indicative of our ongoing operating performance. Our net debt to trailing twelve month Adjusted EBITDA ratio was 3.7x at quarter end versus 4.0x as of June 30, 2020 . (See SHC stock analysis on TipRanks)Myovant Sciences (MYOV)Let’s stick with the health care industry, and look at Myovant Sciences. Taiwan Semi and Qualcomm are large cap stocks to watch. PULM 10. Nikola: Time to Buy the Dip? Updated Mar 31, 2020, 10:09am EDT Axalta Coating Systems ended the review of strategic alternatives it began last summer to explore a potential sale … RILY 9. Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions. Wall Street legend Whitney Tilson says there's a huge new tech trend coming – and he's revealing his #1 pick for free. At the time, the XL stock price was $15. Xl Fleet has created a proprietary line of eco-friendly powertrains designed for medium-duty commercial vehicles that are simply plug-and-play solutions for auto makers to immediately and cost-effectively decarbonize their fleets. Benzinga does not provide investment advice. Third quarter total operating cash flow was $233.4 million versus $221.0 million in Q3 2019, reflecting stronger operating income in the period. For a stock that was on fire during the year’s first half, the electric truck maker’s comedown has been brutal. It is very important to do your own analysis before making any investment. The drug candidates under developments are in various stages of early research, ranging from the exploratory to Phase 1 clinical trials.In recent days, ARVN shares have spiked, more than doubling their share price. Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! Is Exxon stock a good buy? (To watch Thalacker’s track record, click here)Thalacker takes note of the company’s solid Q3 performance, and its potential for a strong finish to the year, noting: "We ascribe the strong performance at generation to a more favorable hedging environment last summer when the company entered into its 2020 hedges. At current levels, his target implies a 12-month upside potential of 21%. Represents expenses and associated changes to estimates related to the prepayment, restructuring, and refinancing of our indebtedness, which are not considered indicative of our ongoing operating performance. Reports are indicating that there were more than several insider trading activities at AXTA starting from MCLAUGHLIN ROBERT M, who sale 35,000 shares at the price of $28.36 back on Nov 18. These major corporations see XL powertrains as an optimal way to cheapen and accelerate their path towards being reducing emissions. Is GE Stock A Buy As Wall Street Gets Bullish On Turnaround? Two days before Christmas 2020 — when many investors and traders were looking to just relax and prep for the holidays — fleet electrification company XL Fleet (NYSE:XL) took Wall Street by storm, with XL stock soaring as much as 80% in a single day on the back of a confluence of good news. Axalta Concludes Review of Strategic Alternatives PR Newswire PHILADELPHIA, March 31, 2020 PHILADELPHIA, March 31, 2020 /PRNewswire/ -- Axalta Coating Systems Ltd. (NYSE: AXTA), a … Regarding our Q4 and full year guidance, we expect Q4 to have less benefit from temporary cost savings, as well as assumed weaker mix within Performance Coatings in the period. Our use of the terms constant currency net sales growth, income tax rate, as adjusted, EBIT, Adjusted EBIT, EBITDA, Adjusted EBITDA, Adjusted diluted EPS, free cash flow, net debt, Adjusted net income and Adjusted EBITDA to interest expense coverage ratio may differ from that of others in our industry. ET. Sotera boasts over 5,800 healthcare provider customers in more than 50 countries around the world.While not a new company – two of its branches have been in business since the 1930s and 40s – Sotera is new to the stock markets, having held its IPO just this past November. Represents the incremental step-up depreciation and amortization expense associated with the acquisition of DuPont Performance Coatings by Axalta. (To watch Vafi’s track record, click here)Survey says… Wall Street agrees. All rights reserved. However, the stock’s $12.75 average price target suggests a modest upside of 3% and a change from the current share price. The following table reconciles net income to EBITDA and adjusted EBITDA for the periods presented (in millions): Foreign exchange remeasurement losses (f), Long-term employee benefit plan adjustments (g), Dividends in respect of noncontrolling interest (i), Adjusted EBITDA to interest expense coverage ratio. Vistra offers a full range of electricity services, including power generation, transmission, and distribution. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 130 countries better every day with the finest coatings, application systems and technology. It sold the Axalta property shortly before its acquisition by San Francisco-based warehouse giant Prologis Inc. closed this week. Q3 2020 net sales decreased 7.2% year-over-year to … But hybrid is better than nothing – and given that EV production capacity is still decades away from being fully capable of supplying the entire auto market, XL Fleet’s hybrid powertrains are a huge step in the right direction, and a highly attractive, scalable solution for fleet operators today. We ran the trio through TipRanks database to see what other Wall Street's analysts have to say about.Sotera Health (SHC)Sotera Health occupies a unique niche in the healthcare industry, offering, through its subsidiaries, a range of safety-oriented support businesses for healthcare providers. LNDC 4. If that does happen — and the odds are in XL Fleet’s favor — then XL stock will soar to $80 in the long run (at least). The content is intended to be used for informational purposes only. Here’s how that could happen. "Given a diversified operating platform, sticky multi-year contracts, an efficient pricing strategy, significant barriers to entry and high regulatory oversight, we project ~9% sales growth, with higher utilization driving continued expansion [and] robust FCF supports ongoing de-leveraging, leaving us positive on both the near- and longer-term outlook.” The Wall Street analyst corps is firmly behind Peterson on this one – in fact, the 7 recent reviews are unanimous Buys, making the analyst consensus a Strong Buy. Buy) along with a $50 price target. From an investor’s perspective, corporate officers have access to information – and information has always been the key to successful investing. She shelled out $1.48 million for the bloc of shares, and now has a holding in GDYN worth $10.65 million.Canaccord's Joseph Vafi is impressed by Grid’s forward prospects. Axalta Coating Systems is the leading provider of innovative products, services, and solutions designed to improve the efficiency and effectiveness of the vehicle refinish process. The world’s passenger and commercial fleets are being electrified. A series of events – allegations of fraud committed by founder Trevor Milton, his subsequent resignation, a severely underwhelming deal with General Motors – have sent investors to the exit gates.Now it looks like even the trash wants nothing to do with Nikola.On Wednesday, the company announced that its plan to design and build BEV garbage refuse trucks for waste collection company Republic Services has collapsed.The company has cited that the cost to build the trucks would be higher than expected and would take too long, after both sides concluded that building the refuse truck using the Nikola Tre as its base would not work.The market, evidently, did not like the latest setback and shares dropped nearly 20% over the past two trading sessions. Organic growth or ex-M&A percentages are calculated by excluding the impact of recent acquisitions and divestitures. The Yahoo Mobile Phone brings you more Yahoo than ever. Also in the pipeline, and related to reproductive health, is MVT-602, a new drug designed to enhance egg maturation and aid in vitro fertilization.In addition, Myovant has announced this month that Relugolix has been FDA approved – under the brand name Orgovyx – as a treatment for advanced prostate cancer. Axalta Coating Systems Ltd. (NYSE:AXTA) ("Axalta"), a leading global coatings company, announced its financial results for the third quarter ended September 30, 2020. That means 90% won’t be electric, equating to over 1.5 million medium-duty trucks, the vast majority of whom will be looking for alternative decarbonization routes. The Electric Vehicle Revolution’s ‘Gap’ A live webcast of the conference call will also be available online at www.axalta.com/investorcall . Let’s say Ford wants to make an eco-friendly version of its Transit Van. Regulators are likely to go after other companies too. AAPL 10. 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