What to Expect from Baxter International’s 2Q17 Earnings
In 1Q17, Baxter International exceeded analysts’ EPS estimate of $0.52 as well as the revenue estimate of ~$2.4 billion.
Apache’s (APA) short interest ratio or short interest as a percentage of float on July 20, 2017, was ~7.2%.
Xcel Energy’s (XEL) recent surge has resulted in the stock surpassing its 50-day moving average, which could be considered a positive sign.
Xcel Energy’s (XEL) stock outperformed peers in the last year. In this period, it gained more than 8% while the Utilities Select Sector SPDR (XLU) rose more than 2%.
On July 19, 2017, Verizon stock was trading at $43.45, which was 1.7% below its 20-day moving average of $44.21.
On July 19, 2017, Noble Energy’s (NBL) short interest ratio was ~3.4%. At the beginning of the year, Noble Energy’s short interest ratio was ~3.3%.
The recent food safety reports at Chipotle have prompted analysts to lower their EPS (earnings per share) estimates for the company for the next four quarters from $8.98 to $8.78.
Reports of food safety issues on July 18, 2017, appear to have compelled analysts to lower their 12-month target price for Chipotle Mexican Grill (CMG).
As of July 20, 2017, Chipotle was trading at $356.05, a fall of 9.2% since reports of the food safety issue on July 18.
On June 16, 2017, Amazon announced its intention to acquire Whole Foods Market for $13.4 billion. The deal bolstered Whole Foods Market’s stock price by 29%.
On July 17, 2017, AT&T was trading 9.0% below its 100-day moving average. By comparison, Verizon (VZ) was trading around 7.1% below its 100-day moving average.
Chesapeake Energy’s (CHK) short interest ratio, or short interest as a percentage of float, in its stock on July 20, 2017, was ~23%.
Chesapeake Energy (CHK) has fallen significantly since the beginning of this year. It has been on a marked downtrend since mid-April.
FirstEnergy’s RSI (relative strength index) currently stands at 81, well within the overbought zone.
In 2Q17, insiders sold ~$4.9 million in XLNX stock, of which ~$1.6 million in stock was sold by Xilinx’s CEO, Moshe Gavrielov, on April 27, 2017.
Williams Companies is expected to trade at $30.27–$32.23 in the coming days based on its closing price of $31.15 on July 18.
Williams Companies (WMB) has been outperforming the Alerian MLP ETF (AMLP) and the SPDR S&P 500 ETF (SPY) (SPX-INDEX) since the beginning of July.
On July 18, 2017, Oasis Petroleum’s (OAS) short interest ratio was ~17%. At the beginning of the year, Oasis Petroleum’s short interest ratio was 16%.
Like many energy stocks, Oasis Petroleum (OAS) hasn’t seen the best of times this year. Since the beginning of the year, Oasis Petroleum has fallen 51%.
Stryker (SYK) closed at $145.4 on July 18, 2017. It has a 50-day moving average of $141.8 and a 200-day moving average of $132.6.