Amit Singh
Amit Singh has been working with Market Realist since 2017. He has over eight years of strong experience (both sell-side and buy-side) in analyzing financial reports and filings as well as identifying strategic investment opportunities. Over the years, Amit has covered various industries and geographies, with a primary focus on consumer staples and the consumer discretionary sector.
Amit’s background spans evaluating company portfolios, building complex financial models, writing financial articles, and identifying the overall financial worth of companies. He has a post-graduate diploma in finance.
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
More From Amit Singh
Will Walmart and Target’s Digital Initiatives Hurt Costco?
Costco’s top line has grown at an average rate of 11.9% in the past five quarters. On average, the company’s adjusted EPS increased 17.9%.
Procter & Gamble Beats Third-Quarter Estimates
Procter & Gamble (PG) posted stronger-than-expected third-quarter results on Tuesday, April 23.
What Drove Costco’s Double-Digit Earnings Growth in 2Q18?
Costco (COST) reported lower-than-expected fiscal 2Q18 earnings (period ended February 18, 2018) results on March 7, 2018.
Why J.M. Smucker Missed Q4 Earnings Estimate
J.M. Smucker (SJM) reported weaker-than-expected fiscal Q4 earnings.
Colgate-Palmolive’s Developed Markets Remained a Drag in 1Q17
Net sales in North America fell 5.0% in 1Q17, reflecting a strong decline in volumes coupled with lower pricing.
How Procter & Gamble’s Segments Performed in 3Q18
Lower pricing adversely impacted Procter & Gamble’s (PG) sales across product segments amid increased competitive activity.
Why Facebook Is Expected to Report Strong 2Q16 Earnings
Facebook (FB) is set to report its 2Q16 earnings on Wednesday, July 27. Here’s what analysts expect from the company.
Why Campbell Soup’s Fiscal 3Q18 Sales Could Mark Strong Growth
Campbell Soup’s sales in the Americas Simple Meals and Beverages segment is projected to decline in fiscal 3Q18.
Analysts Expect Costco to Sustain Sales Growth Momentum in 2019
Costco (COST) impressed investors with its sales growth rate in fiscal 2018.
Why Walmart Is Investing Heavily in E-Commerce
If we look at the recent performance of the company, Walmart’s US (SPY) segment has benefited from the company’s e-commerce initiatives.
What Are Target’s Key Growth Drivers?
Besides the booming digital business, Target’s (TGT) focus on exclusivity through “only-at-target” brands has been a key sales-driving factor.
Costco on the Street: Analyst Recommendations
Of the 32 analysts covering Costco (COST), 69.0% have rated the stock as a “buy” as of April 5. The stock has been rated as a “hold” by 31% of these analysts.
Here’s How Wall Street Reacted to General Mills’ Q2 2019 Results
Most analysts lowered their target prices on General Mills stock following the release of its results for the second quarter of fiscal 2019.
Behind J.M. Smucker’s Waning Sales
J.M. Smucker (SJM) has continued to disappoint on the sales front this year, having posted declines in sales for the past several quarters.
Overview of Nike Earnings, Leverage, and Valuation
Nike (NKE) has a positive earnings surprise history. In simple terms, the company has beat Wall Street’s earnings estimates in the past several quarters.
Why Tiffany Stock Plunged
Tiffany (TIF) disappointed investors with its comparable-store sales numbers in 1Q17. After results were announced, the company’s stock plunged ~9%.
Why Did Tiffany’s Interim Holiday Sales Improve?
On Thursday, Tiffany posted its interim holiday sales results. The company’s worldwide net sales from November 1 to December 24 increased by about 1%–3%.
Kellogg Acquires RXBAR with Eye on Growth
Kellogg (K) announced the acquisition of Chicago Bar Company, the manufacturer of RXBAR, for $600 million.
What Dragged Colgate-Palmolive’s Sales Down in Q4?
Colgate-Palmolive (CL) posted net sales of $3.8 billion, a decline of about 2% on a YoY (year-over-year) basis, as unfavorable currency rates hurt the top line by 5%.
Why Food Stocks Aren’t Cooking
So far this year, food stocks have largely disappointed investors, and the outlook for the rest of the year appears no better. Stock prices for food manufacturers have been on a downtrend, underperforming the S&P 500 Index (SPX-INDEX) on a YTD (year-to-date) basis, as the graph below shows. As of July 3, Campbell Soup (CPB), General Mills (GIS), Conagra Brands (CAG), J. M. Smucker (SJM), Kellogg (K), and Kraft Heinz (KHC) have fallen 13.7%, 10.7%, 10.2%, 7.7%, 6.7%, and 3.3%, respectively, YTD. The S&P 500 Index has returned 8.5% during the same period.
How Walmart Compares to Its Peers
On May 12, 2017, Walmart (WMT) was trading at a 12-month forward PE multiple of 17.5x.
Did Analysts Change Their Views on Target after 1Q17 Results?
The majority of analysts covering Target (TGT) remain neutral on the stock.
Costco Outperformed Target and Walmart with Comps Growth
Costco (COST) continues to generate an industry-leading comparable-store sales growth rate despite increased competition and rivals ramping up their digital platforms.
Campbell Soup’s Margins Could Continue to Contract
The Campbell Soup Company (CPB) continued to report sluggish margins as higher-than-expected inflation in commodities and transportation costs remained a drag.
What Are Analysts’ Recommendations for Amazon?
As of July 7, 2016, Amazon (AMZN) had generated returns of 68.7% in the trailing-12-month period and 1.8% in the trailing-one-month period.
What’s behind Target’s Stellar Traffic Growth in Q1 2018?
Target (TGT) sustained its sales momentum in the fiscal first quarter. The company’s growth measures have started to hold ground.
What Should Investors Do with Mattel Stock?
Mattel expects to meet the product demand in the second half of the year. So, should investors rush to buy Mattel stock or avoid it?
Is Aphria a Viable Investment in the Cannabis Space?
Cannabis stocks have underperformed the broader markets. Despite the underperformance, Aphria’s recent financial performance was impressive.
Is It Pointless to Look at Big Banks’ Q1 Earnings?
JPMorgan Chase will announce its first-quarter results before the markets open on April 14. Analysts expect the bank to post revenues of $29.7 billion.
Why Is Under Armour Stock Facing Pressure?
J.P. Morgan expects Under Armour’s fiscal 2020 revenues to mark 3.8% growth. J.P. Morgan’s growth forecast is well below analysts’ consensus estimate.
How Costco Manages Its Inventory and Supply Chain
Costco Wholesale (COST) has been growing its top line consistently, thanks to its impressive comparable sales growth. Let’s take a closer look.
Why 2019 Wasn’t As Good As 2018 for Church & Dwight Stock
Although Church & Dwight stock is trading in the green, it has lagged its peers and the broader markets. The stock didn’t repeat its 2018 performance.
Check Out These Dividend-Paying Consumer Stocks
Most consumer stocks have outperformed the broader markets so far this year amid an improved macroeconomic backdrop and the industry’s defensive nature.
CVS Health Stock: What’s Fueling Growth and Will the Uptrend Last?
CVS Health stock is up about 13% in November. Strong financial performance is driving the stock higher, but low earnings growth could limit further upside.
Procter & Gamble Stock: What’s Fueling the Growth?
Procter & Gamble stock has generated a significant amount of wealth for investors this year. The company boosted shareholders’ returns.
Lululemon Stock: What’s behind Its Exceptional Growth?
Lululemon stock is beating the broader markets by a wide margin. Barclays has initiated coverage on LULU with an “overweight” rating.
Target: Why Analysts See More Upside Post-Q3
Target stock closed 14.1% higher on November 20 thanks to the company’s remarkable performance in the third quarter of fiscal 2019.
Gap’s Earnings: Is Disappointment ahead for Q3?
Wall Street expects Gap’s Q3 earnings to disappoint after the bell on November 21. Analysts expect Gap to post revenues of $3.96 billion, down 3.3% YoY.
Walmart’s Digital Sales: What’s behind Robust Growth?
During the third quarter, Walmart’s digital sales in the US increased 41% on YoY basis. The reported growth rate showed a sequential acceleration.
Why Colgate-Palmolive’s Q3 Earnings Failed to Impress
Colgate-Palmolive released its third-quarter earnings results today. The company’s performance was mixed, irking investors.
Estée Lauder Could Face the Same Fate as Ulta Beauty
Recently, CNBC reported that Piper Jaffray had downgraded Estée Lauder stock to “neutral” from “overweight.” EL has corrected about 7% so far in October.
Target Stock: Rally Over, Time to Cool Off?
Target investors have a lot to celebrate in 2019. Stellar growth, a robust financial performance, and share buybacks have boosted shareholders’ returns.
Bank of America Stock: Analysts Are Upbeat
Most of the analysts covering Bank of America stock recommend a “buy.” On Tuesday, Atlantic Equities upgraded the stock to “overweight” from “neutral.”
Coca-Cola Earnings: Increased Sales Drove Its Stock
Coca-Cola had an impressive sales performance in the third quarter. The company’s third-quarter revenues benefited from higher organic sales.
Nike Manufacturing and Supply Chain Strategies
Nike’s manufacturing network has over 525 factories. Products move from several distribution centers across a network of thousands of retail accounts.
Nike’s Pricing Power and Brand Drive Its Economic Moat
Giving it a competitive advantage, Nike’s pricing power is supported through premium innovation and a shift toward the direct-to-consumer business.
Philip Morris: Earnings Beat, Sales Lag in Q3
Philip Morris reported mixed third-quarter results before the markets opened. The company posted revenues of $7.64 billion—up 1.8% YoY.
Why Nike Stock’s Uptrend Could Persist
Bank of America Merrill Lynch upgraded Nike stock (NKE) to “neutral” from “underperform” yesterday and raised its target price to $98 from $70.
Domino’s Stock Bounced Back despite Weak Q3
Domino’s reported a disappointing third-quarter financial performance on Tuesday. Domino’s stock pared the initial losses and closed about 5% higher.
Kroger to Cut Mid-Management Jobs across Stores
Kroger plans to remove hundreds of mid-management employees. The move may be part of its plan to reduce costs, drive efficiency, and invest in technology.