Stocks to Watch: SAP, Public Storage, Nucor, Cigna, and Logitech

The stock market is poised for an interesting Monday morning, with mixed futures signaling potential volatility. Several companies are set to grab investors’ attention, particularly those releasing their quarterly earnings or making significant announcements. Let’s dive into the key players to watch:

SAP SE (SAP):

Wall Street analysts anticipate SAP to report earnings of $1.33 per share on revenue of $9.29 billion after the market closes today. The company’s shares saw a slight increase of 0.2% in after-hours trading, reaching $230.87.

Public Storage (PSA):

The self-storage giant made headlines with the appointment of Chris Sambar as its new Chief Operating Officer. This news contributed to a 0.1% rise in Public Storage shares, closing at $345.62 on Friday.

Nucor Corporation (NUE):

Analysts are forecasting quarterly earnings of $1.47 per share and revenue of $7.28 billion for Nucor. The steelmaker is scheduled to release its earnings after the market closes today. Nucor’s shares closed at $158.24 on Friday, up 0.1%.

Cigna Group (CI):

Cigna shares took a hit in after-hours trading following reports that the company has rekindled merger discussions with Humana Inc. (HUM). These discussions, which had ended last year, could have significant implications for both companies. Cigna shares dipped 4.7% to $320.26 after the bell.

Logitech International S.A. (LOGI):

The Swiss-based computer peripherals maker is expected to report earnings of 99 cents per share on revenue of $1.11 billion after market close. Logitech shares closed Friday at $88.63, up 1.2%.

This is just a snapshot of the companies that might be making headlines today. Stay tuned for updates and further analysis throughout the day.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top