Walmart seems to have become disruptive since it acquired Jet.com, an e-commerce provider that once threatened to make life hard for Amazon in the business of wooing budget shoppers.
As of May 24, 2017, analysts expect McDonald’s stock price to reach $151.22 in the next 12 months, which represents a return potential of 2.3%.
As of May 24, 2017, McDonald’s was trading at a PE multiple of 22.6x—compared to 21.3x before the announcement of its 1Q17 earnings.
For the next four quarters, analysts expect McDonald’s to post earnings per share of $6.45—growth of 8% from $5.97 in the same quarters the previous year.
For the next four quarters, analysts expect McDonald’s to post revenue of $21.44 billion—12.1% lower than $24.4 billion in the same quarters last year.
Since the announcement of its 1Q17 earnings on April 25, 2017, McDonald’s stock has risen 10.1%. As of May 23, 2017, the company was trading at $147.82.
On May 23, 2017, AutoZone’s stock price was trading at a bearish $581.40. In July 2016, the stock posted its all-time high of $819.54.
According to the latest data from Thomson Reuters, 52% of analysts covering AutoZone (AZO) gave the stock a “buy” recommendation.
As of May 23, AutoZone’s forward EV-to-EBITDA multiple is 8.4x, as compared to O’Reilly Automotive’s and Advance Auto Parts’ 11.1x and 9.1x, respectively.
In fiscal 3Q17, AutoZone’s gross margin remained weak on a YoY basis at 52.6%—a fall of about 21 basis points from 52.8% in fiscal 3Q16.
During AutoZone’s fiscal 3Q17 earnings call, Bill Rhodes, AZO’s chief executive, expressed concerns about slowing growth rates.
In fiscal 3Q17, AutoZone’s DIY traffic count fell on a YoY (year-over-year) basis.
In fiscal 3Q17, AutoZone reported revenues of $2.6 billion—about 1% higher than in fiscal 3Q16.
AutoZone’s fiscal 3Q17 (ended May 6, 2017) adjusted EPS (earnings per share) stood at $11.44, which is ~6% higher than its $10.77 EPS in fiscal 3Q16.
Fitbit (FIT) has generated investor returns of -62.0% in the trailing 12-month period and -1.0% over the trailing one-month period.
Fitbit (FIT) expects revenue of $1.5 billion–$1.7 billion, with a gross margin of 42.5%–44.0% in 2017.
Fitbit’s (FIT) non-GAAP gross margin fell 660 basis points YoY (year-over-year), from 46.7% in 1Q16 to 40.0% in 1Q17.
According to Fitbit’s CEO James Park, the company’s brand awareness has increased significantly from 35.0% in 4Q14 to 80.0% in 4Q16.
Fitbit’s R&D (research and development) expenditures rose 21.0% to $87.8 million in 1Q17 and accounted for 14.2% of revenue.
Fitbit (FIT) sold more than 3.0 million devices in 1Q17, the lowest in the first quarter of a fiscal year since 1Q14.