HBC – HSBC Holdings Plc, a banking and financial company has been on the decline since last September. Currently, analysts believe that the stock will further decline.
HBC – HSBC Holdings Plc | ||
Fundamentals | Previously closed at | 32.19 |
Day’s high | 32.32 | |
Day’s low | 31.83 | |
P/E ratio | 8.94 | |
EPS | 3.6 |
Analyst opinion | HSBC announced its Earnings before the opening bell today. Due to bad loans, it has reported $1.33 billion net loss during the quarter. It also said that there are ongoing investigations related to FIFA and its hiring practices in China. Due to these, It also has a bleak outlook for the year 2016. Analysts believe that the stock price will be bearish |
Sentiments | Its financials are good with a P/B of 0.76 , P/C of 0.14 and a Debt to Equity Ratio of 0.5. However, its PEG is 6.38, which looks bad with respect to growth. |
with recent downgrade of the stock by various brokers to “Underweight” , the stock is likely to have negative sentimments | |
Revenue Prediction | For the full year 2015, HSBC reported a pre-tax profits of $18.8 Billion, which is a mere 1% YoY increase, compared to the analyst expectations of $21.7 Billion. Return on Equity is 7.2%, as against the wall street estimate of 8.4%. |
Lumber Liquidators Holdings, Inc. (Lumber Liquidators), a retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The stock saw a decline pre-open today due to the report that exposure to certain types of flooring increases the chance of cancer among the users.
LL – Lumber Liquidators Holdings, Inc | ||
Fundamentals | Previously closed at | 14.21 |
Day’s high | 14.46 | |
Day’s low | 13.82 | |
P/E ratio | NA | |
EPS | -0.71 |
Analysts opinion | The CDC – Centers for Disease Control and Prevention has revised its reports on LL, and now says that people who are exposed to certain types of flooring provided by LL are more likely to get cancer. Analysts believe that due to this, the business of LL would be highly affected, and are therefore bearish about the stock. |
Sentiments | Though LL has good fundamentals with a P/S of 0.38, P/B of 1.30, a P/C of 7.16, the due to the health risks that their products pose, the sentiments for the stocks will be highly affected. |
The stock has been trading lower since the market correction in August 2015, and may now hit the rock bottom due to the CDC report |