As of May 17, 2017, Colgate-Palmolive (CL) was trading at a 12-month forward PE ratio of 25.5x—up from its forward PE multiple of 24.1x on May 16.
Colgate-Palmolive’s (CL) sales are trending down. There was a stronger-than-expected sales decline in the US due to retailers reducing their inventory.
Colgate-Palmolive (CL) stock rose more than 7% on May 17, 2017, before closing at $75.69—up ~5.7% due to rumors that the company is for sale.
As of May 15, JCPenney was trading at a 12-month forward PE multiple of 9.3x. The multiple fell 13.4% on May 12, the day JCP announced its fiscal 1Q17 results.
In fiscal 1Q17 (ended April 29), JCPenney (JCP) was able to deliver an improved gross margin despite the 3.7% decline in its sales.
JCPenney (JCP) disappointed investors yet again in 1Q17 by delivering lower-than-expected sales of $2.71 billion, missing the analysts’ estimates.
As of May 15, JCPenney’s (JCP) stock has received a “hold” recommendation from 15 (60%) of the 25 analysts covering the stock.
In reaction to its fiscal 1Q17 results, JCPenney (JCP) fell 14% on May 12—despite the company’s recent turnaround efforts.
April was the first month in 2017 that Honda reported lower US truck sales on a YoY basis. Weaker truck sales could hurt its second quarter profitability.
In April 2017, Volkswagen’s US sales rose YoY (year-over-year) for the sixth consecutive month after posting lower sales in the preceding 12 months.
In April 2017, Toyota (TM), the largest Japanese automaker, reported a YoY (year-over-year) decline of 4.4% in its US sales to 201,926 vehicle units.
In April 2017, Fiat Chrysler’s Jeep brand sales continued to fall, while its Ram brand sales remained firm for the third consecutive month.
In April 2017, Fiat Chrysler’s total US sales continued to fall ~7% to 177,441 vehicle units. The company sold ~190,071 units in the same month last year.
According to data compiled by Autodata, total US auto sales (XLY) stood at 5.45 million vehicle units YTD as of April 2017—about 2.4% lower than last year.
Of the 31 analysts that follow Lowe’s, 58.1% recommend a “buy,” 38.7% recommend a “hold,” and 3.2% recommend a “sell.”
For the next four quarters, analysts expect Lowe’s to post EPS of $4.65—growth of 16.8% from $3.98 in 2016.
Analysts expect Lowe’s to pay dividends of $0.33—a fall of 5.7% from $0.35 in 4Q16. It paid 4Q16 dividends at a yield of 1.6% and a payout ratio of 30.2%.
In 1Q17, analysts expect Lowe’s to post EPS (earnings per share) of $1.06, which represents growth of 21.8% from $0.87 in 1Q16.
In 1Q17, analysts expect Lowe’s (LOW) to post a gross margin, EBITDA margin, and net margin of 35.0%, 11.8%, and 5.4%, respectively.
Analysts expect Lowe’s (LOW) to post revenue of $16.9 billion in 1Q17, which represents growth of 11.1% from $15.23 billion in 1Q16.