What Do Almost Half of Core Laboratories’s Analysts Recommend?
Approximately 47% of analysts tracking Core Laboratories (CLB) rate it a “buy” or some equivalent. Approximately 41% rate the company a “hold” or an equivalent.
Core Laboratories (CLB) released its financial information for 2Q16 on July 20, 2016. Its stock reacted mildly positively immediately following the earnings release.
Core Laboratories (CLB) released its 2Q16 financial results on July 20. CLB recorded total revenues of ~$148 million in 2Q16, down by 27.4% from $203.9 million recorded in 2Q15.
After the earnings results, analysts updated Roche’s consensus 12-month target price to $36.85 from the $37.2 pre-earnings price.
Roche’s (RHHBY) top line grew by 4%, whereas its operating margin grew by 5%.
In the first half of 2016, Roche Holding’s (RHHBY) diagnostics sales grew by 6% to reach 5.6 billion Swiss francs.
Roche’s (RHHBY) human epidermal growth factor receptor 2-positive (or HER2) portfolio includes blockbuster Herceptin along with Perjeta and Kadcyla.
Herceptin grew by 5% to 3.4 billion Swiss francs in the first half of 2016.
Roche Holding (RHHBY) generated ~78% of its group sales from the pharmaceuticals division.
Roche Holding (RHHBY) operates in two segments, pharmaceuticals and diagnostics.
Roche (RHHBY) reported earnings for the second quarter and first half of 2016 on July 21, 2016.
According to the latest Bloomberg survey, 45.5% of analysts covering General Motors gave it “buy” recommendations.
As of July 21, 2016, General Motors’ forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple is 2.8x.
In May 2016, GM completed the acquisition of Cruise Automation to accelerate its autonomous vehicle development.
In 2Q16, GM Financial Company reported revenues of $2.3 billion. This is 51.3% higher than $1.5 billion in the corresponding quarter of the previous year.
General Motors (GM) entered the car-sharing business with its strategic alliance with Lyft, a US-based company that provides car-sharing services.
In 2Q16, General Motors’ (GM) gross margin expanded to 18.8% from 14.6% in the corresponding quarter of the previous year.
Europe is the second largest market for General Motors (GM). In 2Q16, it accounted for ~13% of the company’s total revenues.
In 2Q16, General Motors’ (GM) revenues came in at $42.4 billion. This reflects an increase of 11.1% over $38.2 billion in the corresponding quarter of the previous year.
General Motors (GM), the largest US automaker, released its 2Q16 earnings on July 21, 2016. The company’s adjusted EPS (earnings per share) came in at $1.86 for the quarter.