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3 Late-Season Earnings Plays for Mid-Cap Traders

Written by MarketBeat Staff
May 31, 2023

Key Points

  • In the mid-cap space, corporate earnings have been extraordinarily balanced between positive and negative surprises.
  • Ciena Corp. has delivered two huge earnings beats the last two times out.
  • The $1.10 consensus EPS target for Thor Industries implies that earnings will more than double from the previous quarter.
  • Given the recent tailwinds and Q1 beat, Wall Street's forecasts for KB Home's Q2 earnings seem overly pessimistic.
  • 5 stocks we like better than Ciena.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Ciena (CIEN)
4.5551 of 5 stars		$87.93+0.4%N/A93.54Moderate Buy$77.00
THOR Industries (THO)
4.6562 of 5 stars		$95.84-0.6%2.09%24.51Hold$112.33
KB Home (KBH)
4.5729 of 5 stars		$66.40+0.8%1.51%8.51Hold$79.17
Urban Outfitters (URBN)
4.0512 of 5 stars		$54.55-0.2%N/A15.63Hold$46.27
e.l.f. Beauty (ELF)
4.6894 of 5 stars		$131.91+2.3%N/A71.30Moderate Buy$171.82
(IHS) (IHS)
2.0983 of 5 stars		$3.12-3.4%N/A-0.45Moderate Buy$7.30
StepStone Group (STEP)
3.9389 of 5 stars		$60.26+1.2%1.59%100.44Hold$66.64
Compare These Stocks  Add These Stocks to My Watchlist 


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