In February 2016, Zimmer Biomet authorized up to $1.0 billion of the company’s common stock for share repurchases, all of which remains authorized to date.
In 1Q17, WellCare Health Plans’ (WCG) Medicare Health Plans business reported revenues close to $1.1 billion, which represents year-over-year growth of ~12.4%.
FMC Technologies (FTI), which generates the majority of its revenues from international operations, could see lower revenues if the international rig count falls.
Darden has beaten analysts’ earnings per share estimates in the last four quarters. Usually, when earnings beat analysts’ estimates, a share’s price rises.
Analysts expect Darden to pay dividends of $0.55 in fiscal 1Q17 at a payout ratio of 67.1%. For fiscal 2017, Darden is expected to pay dividends of $2.2.
For the next four quarters, analysts expect Chipotle to post EPS of $7.9—YoY growth of 11.9%. The current share price might have factored in the EPS growth.
Nordstrom (JWN) has been aggressively investing in its growth initiatives, including expansion into Canada and the strengthening of its online business.
Zimmer Holdings acquired Biomet in June 2015 and formed Zimmer Biomet Holdings (ZBH). The acquisition established the combined company as the second-largest player in the orthopedics medical device market segment.
On July 19, 2016, Intuitive Surgical (ISRG) will announce its 2Q16 earnings. Wall Street has estimated the company’s 2Q16 revenues will come in at ~$640 million.
On a comparable calendar basis, in fiscal 4Q16, Darden Restaurants (DRI) reported overall same-store sales growth of 2.6% against analysts’ estimate of 2.8%.
According to a Bloomberg survey, 43% of the analysts gave Dentsply Sirona a “buy” rating and ~57% gave it a “hold” rating. It didn’t have any “sell” ratings.
Skechers has been able to steadily increase its profitability and margins over the past five years. The company’s net income margin rose to 7.4% in 2015.
Lululemon Athletica’s (LULU) management expects its fiscal 2017 diluted earnings per share to come in at $2.05–$2.15, an implied growth rate of 10.2%–15.6% year-over-year.
Intuitive Surgical aims to include a larger patient population under its MIS treatments and to provide better surgery outcomes and lower recovery times.
In recent years, Boston Scientific (BSX) has grown significantly through expansion of its product portfolio and geographic reach, as well as the reorganization and cost containment measures.
Zimmer Biomet has spent $125 million in share repurchases so far in 2016. In February, it authorized up to $1 billion of the company’s common stock for share repurchases.
Microchip has been acquiring small companies and integrating them successfully, but now it’s announced a major merger with Atmel, which is ~47% its size.
On January 29, 2016, Macy’s (M) announced the completion of its transaction with Tishman Speyer for the redevelopment of its Brooklyn, New York, store on Fulton Street.
According to Nielsen’s data, for the period ending December 26, 2015, the Monster Beverage brand held a 36.6% share of the US energy drink market in terms of unit sales.
Macy’s online sales saw a 25% increase from the previous year in November and December 2015. JCPenney (JCP) reported that it experienced record online sales for that same period.
Improved operating metrics have resulted in a steady growth in Wyndham Worldwide’s total revenues, with all three segments growing over the past five years.
In 3Q15, Universal Health Services was actively involved in exploring growth opportunities, both in its acute care as well as behavioral health business.
Coty’s biggest licensed brand in the global mass skin and beauty care segment, Adidas maintains a significant presence in deodorants. It faces stiff global competition from Unilever’s Axe deodorants.
The year 2014 marked 100 years of JCPenney’s (JCP) first private brand Marathon Hats. One of the major focus points of JCPenney’s turnaround strategy was to bring back its private brands.
Lululemon Athletica (LULU) opened 34 new stores in 2Q16. It opened 27 stores in the United States, including 13 ivivva stores, its dance apparel brand for young girls.
IBM is competing with FireEye to acquire CyberArk (CYBR), a company that has shown strong year-over-year growth in revenues, to expand its position in the privileged access management segment.
Companies that conduct business digitally are increasing their spending on digital security. The cybersecurity space is thus considered one of the fastest growing segments in the technology space.
Fortinet is currently trading at a PE ratio of 550.76x. The ratio has increased at a rapid pace, from 25.89x in October 2010 to 550.76x on July 29, 2015.
Ascend Capital started a new position in Huntsman Corp. (HUN). According to the latest 13F filings for 4Q14, it accounts for 2.45% of the hedge fund’s total portfolio.
