Tag: revenue

Bank of America reports Q2 revenues

BAC– Bank of America Corp is a financial institution.

BAC– Bank of America Corp

Fundamentals Previously closed at 13.66
Day’s high 13.95
Day’s low 13.82
P/E ratio 10.90
EPS 1.27

 

Analysts opinion With a P/E of 10.90, BAC is attractively placed, being closer to its 52-week low. Today it announced Q2 revenues, reporting a $0.19 drop of profits. The banking sector has been struggling due to lower interest rates. However, BAC managed to exceed analyst expectations by earning $0.37, excluding special items. Analyst confidence meter, a proprietary algorithm of Stockal gives 78% buy based on analyst ratings.
Sentiments The stock is bullish today in early trading due to revenue announcements. The sentiment index is 100% negative according to Stockal proprietary algorithm.
Social Media Pulse The stock has 29% lower social media chatter than usual.

 


Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/

Ralph Lauren and Prestige Brands beat wall street revenue estimates

RL –Ralph Lauren Corp designs, markets, and distributes lifestyle products worldwide.

RL – Ralph Lauren Corp

Fundamentals Previously closed at 84.50
Day’s high 87.54
Day’s low 83.66
P/E ratio 15.31
EPS 5.52

 

Analysts opinion RL announced its Fiscal 2016 Q4 results today premarket. The revenues beat the wallstreet expectations and announced an EPS of $0.88 and revenue of 1.87 Billion. However, Revenues declined 1% on a YoY basis. The revenue was boosted by new stores and online sales.
RL has also announced a $200 million stock buybacks, further boosting its stock prices.
Sentiments The share price rose 5% during pre-Market, Sentiments are bullish. The Sentiment Index, a proprietary algorithm of Stockal, reads a 50% positive sentiments for RL
Social Media Pulse The stock has 100% higher social media chatter than usual.

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Ford Motors and Sony bullish on great earnings report

F – Ford Motor Company, along with its subsidiaries, is engaged in designing, manufacturing, marketing, financing and servicing automobiles.

F – Ford Motor Company

Fundamentals Previously closed at 13.66
Day’s high 13.71
Day’s low 13.59
P/E ratio 7.42
EPS 1.84

 

Analysts opinion Ford reported a Q1 revenue of $37.7 Billion, and an EPS of $0.68 crushing wall street estimates at $35.7 Billion and $0.48 respectively. North America and Europe segments recorded high profits, while South America, Middle east and African segments reported losses. Pre-Tax profits earned in European segment alone was greater than the total profits earned in FY 2015. Ford has great fundamentals, with its forward PE multiple at 6.69, PEG at 0.74. It is trading very close to its book value, with a P/B of 1.89. The $132Billion Debt may seem like an issue for Ford, but most of this is from its Ford Credit segment– which sort of acts like a bank, providing credit facilities to customers. The true Automotive debt, is much lower, at $13 Billion, which Ford can easily manage since it has cash reserves of $24.3 Billion as per its latest financials released today. However, Ford has a mere $0.4 Billion set aside as bad debt allowance for its credit financing.
Sentiments Ford has positive sentiments due to higher earnings.
Social Media Pulse The stock has 5% lower chatter than usual.

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Bullish sentiments for Michael Kors and Akamai Technologies

KORS – Michael Kors Holdings Limited is a global firm, operating in the segment of accessories, footwear and apparel.

KORS – Michael Kors Holdings Limited

Fundamentals Previously closed at 53.41
Day’s high 53.54
Day’s low 52.01
P/E ratio 12.32
EPS 4.34

 

Analysts opinion Piper Jaffray upgraded the stock to “Outperform” today, with a price target of $67. Its proprietary teenage survey recently reported growth potential for Michael Kors brand. KORS has good fundamentals with a forward PE of 11.69, ROA of 33.10%, and zero debt makes the stock attractive. Many institutional investors including Blackrock Advisors LLC, Oregon Public Employees Retirement fund, Mitsubishi UFJ Kokusai Asset Management, First Merchants Corp, etc increased its stake in Michael Kors Holdings
Sentiments Lockheed beat the revenue estimates by a huge margin of $360 Million, reporting a Q1 revenue of $11.7 Billion, which increased 15.7% YoY. It has also been given a credit rating of A -. Investor sentiments are bullish for the stock.
Revenue Prediction KORS is believed to report its Q3 earnings on 25th of May. Estimize consensus prediction for revenue is $1,171 Million, and EPS is $1.01.

Both numbers are significantly lower than the previous quarter, but higher than the same quarter last year. Analysts expect a growth in the Earnings as well as revenue YoY

Social Media Pulse The stock has 5% lower chatter than usual.

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Today’s sentiments for Aratana Therepeutics and Elbit Systems

PETX– Aratana Therepeutics Inc is a pet therapeutics company which manufactures and distributes bio pharmaceutical products for pets. The stock rose 5% during after-hours yesterday.

PETX- Aratana Therepeutics Inc

Fundamentals Previously closed at 5.19
Day’s high 6.17
Day’s low 4.43
P/E ratio NA
EPS -2.44

 

Analysts opinion PETX has been granted its first FDA approval for Galliprant which controls the pain and inflammation with Osteoarthritis in dogs. Analysts have a consensus target price of $11.83 for the stock. The shares surged intraday upto its resistance at $6.17 and closed at 5.19. If the resistance levels are crossed, the stock may see a share price of $10.
Sentiments Due to the news, the stock rose 5% yesterday and is expected to be bullish.
Social Media Pulse The stock has 100% higher chatter than usual.

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Caterpillar faces the effects of commodity slump, and Fedex announces strong revenue results

CAT – Caterpillar, Inc. is a manufacturer of diesel and natural gas engines, industrial gas turbines, construction and mining equipment. It operates in Energy and transportation industry, Construction Industry and Resource industry.

CAT- Caterpillar, Inc

Fundamentals Previously closed at 74.34
Day’s high 74.51
Day’s low  72.20
P/E ratio 21.24
EPS 3.50

 

Analysts opinion Analysts have a consensus “Hold” rating for the stock with a target price of $60.50. Analysts expect Q1 sales to be $10.4 billion, and an EPS of $0.97. But, the oil crisis weighs much on the company and today, Caterpillar announced that it would be cutting its Q1 revenue expectations. The Q1 sales guidance by the company is $9.3-$9.4 Billion, and EPS at $0.65 – $0.7 range which is way below analyst expectations.
Sentiments Due to the news, Investors believe that the revenue expectations are cut down due to continuing commodity slump, and hence have a bearish sentiment for the stock
Social Pulse The stock has 29% lower social chatter than usual.

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Revenue reports by Cree and Best Buy

$BBY – Best Buy, Inc – Last closed at – $25.85 – Bearish (Short term)

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States and internationally. Its stores offer a wide range of products from televisions & car stereos to snacks and beverages, notebooks and desktop computers to kitchen and bath fixtures.

Shares of Best Buy dropped 9.7% on Jan 14, 2016, after the company reported dismal holiday sales numbers. The holiday sales for the nine weeks ended Jan 2, 2016, declined 3.6% to $10,961 million and has been on the negative note since then.

BBY reported its revenues for the last quarter yesterday. It reported an EPS of $0.41, topping the consensus estimate of $0.36. Analysts at Jefferies Group increased their Q1 2017 earnings per share estimates for shares of Best Buy Co and gave a “buy” rating, with the target price of $47.

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Revenue Announcements by Morgan Stanley and Delta Airlines

$MS – Morgan Stanley – last closed at 27.15 – Bullish (Short Term)

Morgan Stanley is a financial holding company which provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide.

MS announced its Q4 and full year 2015 revenues today prior to the market opening. The share price decreased by 4.62% yesterday due to the wall street analyst expectation of EPS – 33 cents. MS beat the expectations and announced an EPS of 39 cents. Due to this, the sentiment may be bullish for Morgan Stanley. The revenue for the quarter came upto $7.7 billion. This might see a positive investor sentiment for MS.

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