The implied volatility in Phillips 66 (PSX) stock has fallen from 18.3% on April 3, 2017, to 16.4% on July 21, 2017.
PSX’s 50-day moving average broke below its 200-day moving average in 1Q17, likely because in 1Q17, PSX missed its earnings estimate.
Since April 3, 2017, Phillips 66 (PSX) stock has risen 4.6%, while the SPDR S&P 500 ETF (SPY) has risen 4.7%.
In 1Q17, Phillips 66’s (PSX) total adjusted net income of $294 million fell 18% on a year-over-year basis.
In 1Q17, PSX’s revenues missed the Wall Street analysts’ estimates by 12%. But its 1Q17 adjusted EPS of $0.56 surpassed estimates of $0.05.
For the last four quarters, Wyndham Worldwide’s (WYN) revenue growth has averaged ~0.7% year-over-year (or YoY). In 2016, its revenue growth averaged 1.1%.
Ten analysts currently have active coverage on Wyndham Worldwide (WYN) stock. Of these analysts, 20% have “strong buy” recommendations on the stock.
Wyndham has the lowest valuation among its peers. Hyatt Hotels has the next lowest valuation of 11.1x, followed by International Continental Hotels Group.
On July 21, 2017, Wyndham Worldwide (WYN) had a closing price of $103.1 and an indicated dividend yield of 2.3%, the highest among its peers.
After Wyndham’s fall in 1Q17, Wall Street analysts expect it to clock EBITDA (earnings before interest, tax, depreciation, and amortization) of 2.4% year-over-year to $349.3 million.
This pre-earnings series will help you know what to expect from Wyndham Worldwide’s 2Q17 earnings release on August 3, 2017.
In 1Q17, ExxonMobil’s revenues missed Wall Street estimates by 2%. The company’s 1Q17 reported EPS (earnings per share) stood at $0.95.
In the past couple of weeks, oil prices have been rising, primarily due to the upcoming meeting of eminent oil producers on July 24, 2017.
ExxonMobil’s downstream earnings rose due to better margins coupled with favorable volume and mix effects.
On April 3, 2017, ExxonMobil’s (XOM) 50-day moving average was below its 200-day moving average.
Implied volatility in ExxonMobil has fallen from 14.9% on April 3, 2017, to 13.6% to date.
Cypress’s operating cash flow fell 71% sequentially to $26 million as its profits decreased.
Cypress Semiconductor (CY) completed its business transition from a silicon supplier to an integrated embedded system supplier in fiscal 2016.
Cypress’s non-GAAP operating expenses rose 7% sequentially to $143.9 million in 1Q17, driven by a 15% increase in SG&A expenses.
Cypress’s non-GAAP gross margin improved from 36.9% in 1Q16 to 39.3% in 1Q17, slightly above its midpoint guidance of 39%.