This week's biggest % winners & losers: May 10 - 14, 21 (wk 19)

This week's biggest % gainers/losers The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: AUPH (11.87 +17%), TCDA (4.72 +16.26%), FLXN (8.19 +11.82%)
• Materials: FOE (21.75 +24%), UFS (54.86 +13.91%), BVN (11.76 +13.47%)
• Industrials: QUAD (3.66 +14.38%)
• Consumer Discretionary: IGT (22.06 +22.08%), PRTY (9.34 +17.27%), DDS (122.79 +15.59%), CHS (4.14 +14.86%)
• Information Technology: DDD (22.15 +15.3%), AZPN (144.29 +13.55%)
• Energy: EXTN (4.85 +28.99%), BTU (6.57 +28.22%), MMLP (2.8 +20.17%), RRC (13.18 +15.57%)
• Utilities: JE (1.03 +27.04%)

This week's top % losers

• Healthcare: ARRY (14.54 -42.69%), SLDB (3.52 -25.46%), NVAX (133.36 -24.23%), ACB (6.76 -24.04%), DVAX (7.8 -20.49%), CYRX (50.54 -19.82%), STAA (110.72 -19.65%), INSM (26.22 -19.52%), HRTX (13.81 -16.99%), VCYT (36.82 -16.98%), GH (112.86 -16.64%)
• Materials: TRQ (16.44 -22.38%)
• Industrials: FLR (19.14 -22.47%)
• Consumer Discretionary: EDU (12.25 -17.98%)
• Information Technology: PLT (29.87 -27.14%), PAR (60.63 -22.48%), TTD (521.47 -21.16%)
• Financials: GSHD (84.45 -19.33%)
• Energy: GPRE (26.6 -16.81%)

Ferro (FOE) to be acquired by Prince International for $2.1 billion

  

 

 

 

Ferro misses by $0.01, beats on revs 

• Reports Q1 (Mar) earnings of $0.22 per share, $0.01 worse than the S&P Capital IQ Consensus of $0.23; revenues rose 14.3% year/year to $288.4 mln vs the $259.87 mln S&P Capital IQ Consensus.

Paint maker Ferro to be acquired by Prince International Corporation for $22.00/share in $2.1 bln all-cash transaction

Co  announced it has entered into a definitive agreement to be acquired by Prince International Corporation, a portfolio company of American Securities LLC, in an all-cash transaction valued at approximately $2.1 billion, or 12.4 times TTM Adjusted EBITDA as of March 31, 2021, including the assumption of debt, net of cash.

Under the terms of the agreement, which has been unanimously approved by the Ferro Corporation Board of Directors, Prince will acquire all of the outstanding common stock of Ferro for $22.00 per share in cash.

Leon Cooperman: top 6 buys in the 4th quarter

Leon Cooperman, founder and chairman of the Omega Advisors family office, disclosed this week that his firm's top six buys for the fourth quarter of 2019 included new holdings in Ferro Corp. (NYSE:FOE) and Workday Inc. (NASDAQ:WDAY) as well as position boosts in four existing holdings: DuPont de Nemours Inc. (NYSE:DD), Energy Transfer LP (NYSE:ET), Diamondback Energy Inc. (NASDAQ:FANG) and Mr. Cooper Group Inc. (NASDAQ:COOP).

Cooperman, who previously worked at Goldman Sachs Group Inc. (NYSE:GS), converted his Omega hedge fund into a family office in 2018, citing in a letter that he did not wish to spend the rest of his life chasing the Standard & Poor's 500 Index benchmark. The fund chairman combines his macroeconomic views and fundamental valuation in his investing strategy, paying close attention to valuations.

As of quarter-end, Omega's $1.88 billion equity portfolio contains 60 stocks, with turnover of 9%. The top three sectors in terms of weight are financial services, energy and communication services, with weights of 24.07%, 17.85% and 11.73%.

Charts 6 months later: 

https://finviz.com/screener.ashx?v=211&ta=0&p=w&o=-change&t=ET,DD,FANG,WDAY,FOE,COOP