On April 13, 2017, NextEra Energy (NEE) stock was trading 1% and 5% above its 50-day and 200-day moving averages, respectively.
NextEra Energy has a price target of $137.47—compared to its current market price of $129.54. It implies an estimated gain of more than 6%.
JPMorgan Chase’s (JPM) stock has risen 24.6% in the past six months and 46.2% in the past year.
In 1Q17, JPMorgan Chase (JPM) increased its dividend in line with its operating performance. The bank paid out dividends of $0.50 in 1Q17.
JPMorgan Chase’s (JPM) Consumer and Community Banking division posted net income of $2.0 billion in 1Q17, as compared to $2.5 billion in 1Q16.
J.P. Morgan’s Commercial Banking division garnered $2.02 billion in revenues and $799 million in net profits in 1Q17, representing rises of 12% and 61%, respectively, YoY.
In its 1Q17 earnings release on April 13, 2017, JPMorgan Chase (JPM) posted EPS (earnings per share) of $1.65, beating Wall Street analysts’ estimates of $1.52.
Controlling overhead expenses has been imperative for US commercial banks (XLF) like Citigroup (C).
In April 2017, 17 of the 29 analysts covering Citigroup (C) stock, or ~58.6%, gave it “buy” or “strong buy” ratings.
Citigroup (C) stock has appreciated 19% over the past six months and 29% over the past year due to a revival in its operating performance…
Citigroup (C) rewards its shareholders with dividends and repurchases in line with its operating performance.
Citigroup (C) reported its 1Q17 earnings on April 13. It announced EPS (earnings per share) from continuing operations of $1.35.
As of April 7, 12 out of 18 analysts covering Constellation Brands stock rated it as a “buy.”
On April 6, Constellation Brands’ (STZ) 12-month forward PE (price-to-earnings) multiple rose 0.2% to 22.2x.
Constellation Brands’ (STZ) impressive earnings growth in fiscal 4Q17, which ended on February 28, 2017, was also a result of improved margins.
In the full-year fiscal 2017, Constellation Brands’ Wine and Spirits segment’s sales rose 6.0% to $3.1 billion.
In fiscal 4Q17, Constellation Brands’ Beer segment sales rose 10.6% on a year-over-year basis to $891.2 million.
Constellation Brands (STZ) delivered net sales of $1.6 billion in fiscal 4Q17, which ended on February 28, 2017.
Constellation Brands (STZ) continued its impressive run by beating analyst earnings estimates for the tenth consecutive quarter in fiscal 4Q17.
Constellation Brands (STZ) stock surged 6.4% to $171.77 on April 6 in reaction to impressive results for fiscal 4Q17.