A Look at Honeywell’s Valuations before Its 3Q17 Earnings
As of October 12, 2017, Honeywell (HON) has a one-year forward PE (price-to-earnings) multiple of 18.8x.
As of October 12, 2017, Honeywell (HON) is being tracked by 20 analysts. About 80.0% of them have recommended a “buy” for the stock.
As of October 12, 2017, analysts are expecting Honeywell to post 3Q17 EPS (earnings per share) of $1.74, a rise of 8.8% on a year-over-year basis.
How Investors View Boeing’s High Dividend
Despite the positive run-up Boeing (BA) stock has enjoyed in 2017, its current indicated dividend yield is 2.2%. Boeing’s dividend yield is now lower than the Dow Jones Industrial Average…
Since 2008, Boeing has had a valuation multiple higher than the industry median.
The Boeing Company has a 12-month consensus target price of $268.85, which is higher than the $246.90 target price the stock posted after its 2Q17 earnings report.
Deere Outperformed the Broader Market, Trailed Its Peers
So far in 2017, Deere’s (DE) stock price has made decent gains. As of September 18, 2017, Deere has returned 16.30% and outperformed SPY.
As of September 18, 2017, Deere’s one-year forward PE multiple stands at 16.80x, while Caterpillar’s (CAT) one year-forward PE multiple stands at 19.90x.
Deere’s dividend yield has fallen since 3Q15 due to the lack of dividend growth and considerable growth in its stock price.
How Wall Street Analysts View American Airlines
American Airlines’ 12-month target price is $56.40 versus $58.50 after its 2Q17 earnings results.
Currently, American Airlines (AAL) is trading at a forward EV-to-EBITDA ratio of 6.7x.
Only four airlines—Delta Air Lines (DAL), Southwest Airlines (LUV), American Airlines (AAL), and Alaska Air Group (ALK)—pay dividends to investors.
How FedEx’s Valuation Stacks up to Peers after Fiscal 1Q18
FedEx’s forward PE multiple of 17.2x is the lowest in the peer group, and analysts are pegging its next-one-year EPS (earnings per share) growth at 4.4%.
There was no mention of dividends in FedEx’s fiscal 1Q18 earnings conference call, and its stock buybacks were significantly lower ($86.0 million) in fiscal 1Q18.
In fiscal 1Q18, FedEx’s (FDX) incurred $1.04 billion in capital expenditure or capex, representing 6.8% of that quarter’s total revenues of $15.3 billion.
Analysts’ Recommendations for Crude Tankers in Week 41
The crude (DBO) tanker index rose in week 41. Aframax rates had enormous gains, while VLCC and Suezmax rates also rose during the week.
The Aframax rates on the Caribbean rose from $9,739 per day on October 6, 2017, to $17,087 per day on October 13—a 75% rise week-over-week.
On October 12, 2017, the average bunker fuel price was $373 per ton—compared to $374 per ton on October 5, 2017.
Honeywell Stock Is Consolidating after Its 2Q17 Earnings
In the last earnings report, Honeywell expected its EPS to be $7.0–7.10 for fiscal 2017—compared to the earlier guidance of $6.90–$7.10.
As of September 6, 2017, Honeywell’s one-year forward PE multiple stands at 18.20x. General Electric (GE) has one-year forward PE multiple of 15.10x.
For Honeywell, 79% of the analysts recommended a “buy,” 21% recommended a “hold,” and none of the analysts recommended a “sell” as of September 6.
Wall Street on General Electric and Peers ahead of 3Q17 Earnings
Out of the 17 analysts covering General Electric (GE), five analysts (29.4%) have a “strong buy” opinion on the stock. Four analysts (23.5%) say “buy.”
For a long time, General Electric (GE) has had a decent dividend growth history. In the last year, GE’s average per-share dividend growth rate was 3.30% per year.
Normally, a new CEO is expected to make certain changes to the top brass to create a new upper management team. John Flannery swung into action and made some leadership changes at General Electric (GE).
How KAMN’s Dividend Yield Looks
Kaman (KAMN) is a differentiated company that conducts business in the aerospace and distribution markets.
General Dynamics (GD) is an international aerospace and defense company.
L3 Technologies (LLL) is a principal provider of communication and electronic systems for military, security, and commercial platforms.
How Did Johnson Controls Perform in 4Q16?
Johnson Controls (JCI) has a market cap of $41.7 billion. It rose 5.7% to close at $43.94 per share on November 8, 2016. The stock’s weekly, monthly, and year-to-date (or…
Johnson Controls fell 7.9% to close at $40.32 per share on October 31. Its weekly, monthly, and YTD price movements were -9.2%, -13.4%, and 17.9%.
Pool (POOL) has a market cap of $3.8 billion. It rose 0.50% to close at $92.22 per share on October 28, 2016. The stock’s weekly, monthly, and year-to-date (or YTD)…
What Do Analysts Recommend for Golar LNG and Golar LNG Partners?
According to Reuters, the consensus rating for Golar LNG (GLNG) is 1.5, which means a “buy.”
According to Reuters, the consensus rating for Gaslog Partners (GLOP) is 1.83, which means “buy.”
Gaslog (GLOG) is an operator and manager of LNG carriers. It supports international companies in the LNG logistics chain.
SWK Has Strong Debt-to-Equity Ratio amid Rising Debt
At the end of 2Q17, Stanley Black & Decker’s (SWK) debt has reached the highest point since 2012.
Stanley Black & Decker (SWK) has given amazing returns to its investors so far in 2017.
As of October 3, 2017, SWK’s one-year-forward price-to-earnings multiple was 19.70x, while peer DOV is trading at a one-year-forward price-to-earnings multiple of 20.90x.
Canadian Pacific Railway: Inside the Rise in Its Freight Traffic in Week 41
Canadian Pacific Railway carried ~31,700 railcars compared with slightly more than 32,000 units in the week ended October 15, 2016.
CNI has consistently reported higher overall freight volumes in 2017, attracting Wall Street analysts’ attention.
As the smallest class I railroad, Kansas City Southern (KSU) reported ~4% railcar volume gains in the week ended October 14, 2017.
Which Events US Steel Investors Should Follow This Week
The next few weeks will be crucial for steel investors. We’ll get to see if the recent round of price hikes holds its ground.
We’re into steel’s seasonally weak demand period. It will be interesting to see how the current round of price hikes impacts US steel prices.
U.S. Steel Corporation (X) and AK Steel (AKS) have risen 7.8% and 8.1%, respectively, in October. ArcelorMittal (MT) has risen 15.3% in October.
J.B. Hunt on the Street: Analyst Recommendations after the 3Q17 Results
J.B. Hunt (JBHT) has a consensus rating of 2.19, indicating a “buy.” Of the 21 analysts covering the stock, six (28.6%) recommend a “strong buy.”
In 3Q17, J.B. Hunt reported an 11.3% YoY (year-over-year) rise in overall operating expenses, reaching $1.67 billion, compared with $1.5 billion in 3Q16.
J.B. Hunt’s Truckload segment’s contribution to overall revenues was 5% in 3Q17, down 1% from its contribution in 3Q16.