In this series on JCPenney, we’ll discuss the company’s strategy to improve its sales, online business, and profitability.
Of the 37 analysts that follow Chipotle, 29.7% recommend a “buy,” 48.6% recommend a “hold,” and 21.6% recommend a “sell.”
After the statement from Chipotle’s co-CEO, analysts lowered their EPS guidance 0.9% for the next four quarters to $7.86 from an earlier estimate of $7.93.
As of December 6, Chipotle was trading at $366.4—a fall of 7.6% from its closing price the previous day. Its share price took a hit due to food safety issues.
The financial sector was strong in November. Bank shares rose ~19% due to expectations of deregulation in the sector after Trump’s victory in the election.
For the week ending December 2, the average weekly natural gas prices at Henry Hub rose 12.6% to $3.4 per MMBtu—compared to $3 per MMBtu the previous week.
Last week, fertilizer affordability rose to 0.66x from 0.65x week-over-week. A ratio below one means that fertilizers are more affordable than during the base year.
Last week, the potash price movement was broadly mixed. In the US Corn Belt region, average weekly granular potash prices fell by 80 basis points.
In the week ending December 2, 2016, average MAP prices in Brazil fell by 90 basis points to $329 per metric ton from $332 per metric ton the previous week.
For the week ending December 2, DAP price movements were broadly flat to negative. DAP prices in Tampa Bay fell 1.2% to $318 per metric ton,
For the week ending December 2, the movement in urea prices was broadly negative. The negative movement likely moved with the supply-demand imbalance.
The week ending December 2 was broadly positive for agricultural fertilizer companies. The VanEck Vectors Agribusiness (MOO) rose by 79 basis points.
On November 30, 2016, Procter & Gamble (PG) was trading at a 12-month forward PE (price-to-earnings) multiple of 20.7x.
Procter & Gamble’s (PG) productivity initiatives helped it to deliver a 5.1% rise in its adjusted EPS (earnings per share) in fiscal 1Q17.
Of the 22 analysts covering Procter & Gamble (PG), 13—or 59.0%—have rated the stock as a “buy” as of November 30, 2016.
After generating lower sales for 11 consecutive quarters, Procter & Gamble (PG) managed to report flat sales growth in fiscal 1Q17.
Procter & Gamble’s stock’s weekly, monthly, and year-to-date price movements were -0.36%, -5.0%, and 5.2%, respectively, on November 30, 2016.
Papa John’s better-than-expected 3Q16 earnings and management’s raised EPS guidance for 2016 appear to have increased investor confidence.
Papa John’s strong 3Q16 earnings and management’s higher 2016 EPS guidance could have prompted analysts to raise their price targets for the next 12 months.
In 3Q16, Papa John’s (PZZA) posted EPS of $0.57, which represents a rise of 26.7% from $0.45 in 3Q15. Analysts were expecting EPS of $0.50.