iShares US Consumer Goods
Why Did Ford’s Recent Earnings Reflect Weakness?
In 2015, Ford Motor Company’s (F) adjusted earnings stood at $1.84 per after with a rise of $1.53 per share in 2014.
Why Analysts Expect PepsiCo’s Revenue to Fall in Fiscal 3Q16
PepsiCo (PEP) is scheduled to announce its fiscal 3Q16 results on September 29, 2016. Fiscal 2Q16 was the seventh consecutive quarter that its revenue fell on a year-over-year basis.
Are Green Vehicles Going Over with US Buyers?
In this series, we’ll look at August sales for hybrids, plug-in hybrids, and battery electric vehicles in the United States, and why battery electric vehicles are gaining strength.
Why Most Analysts Are Suggesting a Hold on Ford’s Stock in April
According to the latest data compiled by Reuters, 33% of analysts covering Ford Motor Company (F) have given the stock “buy” recommendations, while 58% have recommended a “hold.”
Coach: Management’s and Wall Street’s Outlook
Confident about achieving fiscal 2017 guidance After a healthy first quarter, Coach’s (COH) management is expecting strong results for fiscal 2017. The company reiterated its fiscal 2017 guidance of a low-to-mid-single digit top-line increase and an 18.5% to 19% expansion of its operating margin. “We achieved growth across key financials, including sales, gross profit and […]
Tesla Motors Rose Due to Increased Orders for the Model 3 Sedan
Tesla Motors (TSLA) has a market cap of $31.5 billion. It rose by 4.0% and closed at $246.99 per share on April 4, 2016.
Why No Analyst Thinks You Should ‘Sell’ Honda Stock This Xmas
According to the analysts’ consensus data, ~43% of the analysts covering Honda (HMC) recommend a “buy” as of December 12, while 57% recommend a “hold.”
How Has Harley-Davidson Performed so Far in 3Q16?
Harley-Davidson is set to release its 3Q16 earnings report on October 18, 2016. The company is the most popular heavyweight motorcycle brand in the world.
A Look at Japanese Automakers’ China Sales in May
In May, Toyota Motor (TM) reported a YoY (year-over-year) increase of 8.6% in its China sales to 122,400 vehicle units.
Fiat Chrysler Stock Rose 5.7% in Week 37
In the week ending September 14, Fiat Chrysler stock (FCAU) rose 5.7% and closed at $17.50. In the previous week, the stock registered 3.2% losses.
How Did ConAgra Foods’ Stock React to Fiscal 3Q16 Earnings?
Before the opening bell on April 7, 2016, ConAgra Foods (CAG) reported its earnings for fiscal 3Q16, which ended February 28, 2016. The stock rose 1% to close the day at $46.09.
What Could Drive Tesla’s Valuation Multiples in 4Q16?
As of October 26, 2016, Tesla’s forward EV-to-EBITDA multiple was 26.4x.
How Are Foreign Automakers’ Stocks Faring in March 2019?
US new vehicle sales stood at 1.26 million units in February 2019, down about 2.8% from 1.30 million units in February 2018.
Why O’Reilly Automotive’s Profit Margins Contracted in 3Q17
In 3Q17, ORLY’s gross profit stood at $1.23 billion, about 5.1% higher than $1.17 billion in the third quarter of 2016.
Ford Sold 5% More F-Series Trucks in H1 2018 than in H1 2017
In June 2018, Ford Motor Company’s (F) F-Series truck US sales were at 79,204 units.
Did Lower China Shipments Hurt Ferrari’s Revenues?
For 4Q16, Ferrari (RACE) reported net revenues of 836 million euros or $901 million. Revenues rose ~12% from about 744 million euros in 4Q15.
Constellation Brands’ Fiscal 1Q17 Sales Boosted by Acquisitions
Constellation Brands (STZ) delivered strong sales growth of 14.7% in fiscal 1Q17, which ended on May 31, 2016.
Constellation Brands’ 2Q17 Earnings: Potential Growth Drivers
Constellation Brands exceeded analysts’ earnings expectations in eight of the past nine quarters. The company will report its fiscal 2Q17 results on October 5.
GM, Fiat Chrysler Race ahead While Ford Lags in 2Q16
The majority of the mainstream automakers, including General Motors (GM) and Fiat Chrysler (FCAU), reported solid earnings growth for 2Q16. However, Ford (F) reported marginal year-over-year growth of just 11% in 1Q16.
Inside Ford’s Segmental US Sales in March 2017
In March 2017, Ford’s (F) total US fleet sales were 78,510 vehicle units. That’s a 17.0% YoY (year-over-year) fall in fleet sales for the home market.
Innerwear and Activewear Drive Hanesbrands in Fiscal 1Q16
Hanesbrands (HBI) reported a 1% increase in net sales to $1.2 billion for fiscal 1Q16, which ended on April 2, 2016.
Are Hanesbrands’ Current Valuations Justified?
At its current one-year forward earnings valuations multiple, HBI is operating closer to the lower end of its price-to-earnings range.
Ford Stock Reaches a Five-Month High: What to Expect Next
Last week (ended June 8), Ford (F) stock rose 3.3% to $12.10. In the previous week, the stock rose 1.7%.
How Is Ford Stock Performing ahead of 3Q17 Earnings?
Ford Motor Company (F) is set to release its 3Q17 earnings report on October 26. Ford is the second-largest US auto company by vehicle sales volume after General Motors (GM).
Ford’s China Sales Continued to Disappoint in November 2017
Ford Motor Company (F) sold about 117,593 vehicle units in China in November 2017, a ~8% decrease from its China (IYK) sales in the same month of 2016.
Factors That Could Drive Tesla’s Valuation Multiples in 3Q17
On August 3, Tesla’s forward EV-to-EBITDA multiple was 38.9x.
Under Armour: Slowing North American Sales Weigh on Q1 Top Line
Under Armour’s (UAA) top line slowed to 6.6% YoY (year-over-year) growth in 1Q17, compared to 20%+ average growth over the last eight quarters.
Ford Started Q3 2018 on a Negative Note in China
Ford (F) sold ~57,662 vehicle units in China in July. The data suggested a massive drop of ~32% from the company’s Chinese sales (IYK) in July 2017.
Will Bunge’s Acquisitions Help Revive Its Segment Margins?
Bunge North America, the North American operating segment of Bunge Limited (BG), announced that it had acquired Whole Harvest Foods.
How Auto Stocks Traded Last Week
Last week (ended November 24), the S&P 500 Index posted a minor rise of 0.9%, while General Motors, Ferrari, and Fiat Chrysler largely outperformed SPY.
What Are Key Technical Levels in GM’s Stock?
As of January 31, GM’s stock is trading at $36.61.
How Analysts View Harley-Davidson Stock
Analysts’ ratings for HOG According to Reuters’s latest data, of the 22 analysts covering Harley-Davidson (HOG) on January 30, only 27% recommended “buy,” while 64% recommended “hold” and 9% recommended “sell.” Upside potential and target prices As of January 30, analysts’ consensus 12-month target price for Harley-Davidson was $51.71, reflecting a minor return potential of ~1.7% based on its […]
A Closer Look at O’Reilly Automotive’s Profit Margins in Q2 2018
O’Reilly Automotive managed to report a 7.2% increase in its revenue, and its comparable-store sales growth rate also significantly improved.
Cooper Tire & Rubber Announces Its 2Q16 Results, Dividend
Cooper Tire & Rubber (CTB) rose by 3.5% to close at $34.15 per share during the first week of August 2016.
Important Technical Levels in HOG before Its 4Q17 Earnings Event
On January 22, 2018, Harley-Davidson stock was trading at $53.81. Its price was hovering right below a key resistance near $56.40.
How Are Analysts Rating Toyota in January 2018?
According to data collected by Thomson Reuters, about 38% of 24 analysts covering Toyota recommended a “buy.”
Here’s Why Weakness in Harley-Davidson Stock Could Continue
Last week, Harley-Davidson stock (HOG) continued to trade on a negative note for the second consecutive week.
4Q17 Oil Price Recovery Could Hurt US Truck Demand
As of December 11, WTI crude oil futures were trading at 57.99 per barrel. Oil prices have witnessed a sharp recovery of ~12.2% in 4Q17.
Tenneco Appoints Ben Patel as Chief Technology Officer
Price movement Tenneco (TEN) has a market cap of $3.6 billion. It fell 0.45% to close at $64.37 per share on December 21, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 0.88%, 9.5%, and 40.2%, respectively, on the same day. TEN is trading 3.0% above its 20-day moving average, 11.1% above […]
What Does a Technical Analysis of HOG’s Stock Suggest?
As of September 27, 2016, Harley-Davidson’s stock was trading at $52.14. Until the end of 2Q16, the price was well below the downward sloping trendline.
An Overview of the US Nonalcoholic Beverage Industry
The US nonalcoholic beverage market comprises categories like carbonated soft drinks, ready-to-drink tea and coffee, bottled water, sports drinks, and energy drinks.
Understanding Ford’s Leverage ahead of 3Q16 Earnings
The auto industry is highly capital intensive in nature and auto companies including Ford Motor Company (F) tend to utilize debt extensively.
Analysts’ Recommendations on HOG before Its 4Q17 Results
According to data compiled by Reuters, 68% of analysts covering Harley-Davidson stock gave it “hold” recommendations.
Did GM Maintain the Right Balance between Retail and Fleet Sales in August?
In August 2016, General Motors sold more than 256,000 total vehicles in the United States, which was about 5% lower than its sales in August 2015.
Analyzing Hershey’s Emphasis on Product Innovation
Hershey plans to position dark chocolate as a lifestyle choice in the US. It has thus begun promoting its dark chocolate brands for specific consumption.
Monster’s 1Q16 Sales Benefit from Strategic Deal with Coca-Cola
Monster Beverage’s (MNST) net sales in 1Q16 ended March 31, 2016, were $680.2 million, ahead of the consensus analyst sales estimate of $656.9 million.
How Analysts Rate Tesla Stock after Its 4Q17 Deliveries Data
According to the data compiled by Reuters on January 8, 2018, about 32.0% of the analysts covering Tesla (TSLA) gave its stock “buy” ratings.
Fiat Chrysler’s Record Q1 Profits, Debt Reduction on Track
Fiat Chrysler Automobiles reported its first-quarter results today before the US market opened.
What Does Ford Credit’s Improving Performance Mean for Investors?
Ford Credit is the financial services arm of Ford Motor Company (F). It offers a range of automotive financing products to its customers and dealers.
Why Did Brunswick Change Its Revolving Credit Facility?
Brunswick (BC) rose by 6.6% to close at $46.54 per share at the end of the fifth week of June 2016.
China’s Vehicle Sales Dropped for the Third Consecutive Month
Vehicle sales in the Chinese market stood at ~2.39 million vehicle units in September, a sharp drop of 11.6% year-over-year.
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.
What Can We Expect from US Auto Sales in November?
According to Autodata, October 2017 US auto sales fell 1.3% YoY (year-over-year), after rising ~6.1% YoY in September.
Tesla: Analyst Predicts Solid Future Demand for Model 3
Wedbush Securities analyst Dan Ives expects Tesla Model 3 demand to remain “very strong into 2019 and beyond.”
AutoZone: Analysts’ Recommendations and Target Price
According to data compiled by Reuters, 44% of the analysts covering AutoZone stock (AZO) gave it a “buy,” 52% gave it a “hold,” and 4% gave it a “sell.”
Hershey’s Steps to Improve Suppliers Productivity and Conscious Sourcing
Hershey has set a goal of sourcing 100% cocoa from certified cocoa farms. In fiscal 2014, it sourced 30% certified cocoa.
Wall Street Continues to Expect High Returns from Ferrari Stock
According to Reuters, of the ten analysts covering Ferrari (RACE) stock, 50% have recommended “buy,” 30% have recommended “hold,” and 20% expect Ferrari stock to drop, recommending “sell.”
Most Analysts Rate Ferrari Stock as a ‘Buy’ after Its 4Q17 Results
According to latest consensus data compiled by Reuters, 45% of analysts covering Ferrari (RACE) gave the stock “buy” recommendations.
The Growing Emphasis of Coca-Cola and Peers on Still Beverages
Another plant-based beverage acquisition made by Coca-Cola was that of Xiamen Culiangwang Beverage Technology Company in 2015.
A Look at Fiat Chrysler’s 4Q16 NAFTA Revenues
In 4Q16, Fiat Chrysler Automobiles’ (FCAU) total revenues were 29.7 billion euros, or $31.7 billion.
Why Did Dr Pepper Snapple’s Sales Beat Analysts’ Estimates?
Dr Pepper Snapple (DPS) generated sales of $1.68 billion in 3Q16. It beat analysts’ consensus estimate of $1.65 billion.
This Elon Musk Tweet Shows One Reason Why Investors Love Tesla
Tesla has lost about 9.8% month-to-date as of December 27.
Analysts See 42% Upside Potential in Fiat Chrysler Stock
On July 11, analysts’ consensus 12-month target price for Fiat Chrysler stock was $27.33.
An Investor’s Guide to Ferrari’s Basic Technical Analysis
Ferrari debuted on the NYSE on October 21, 2015, with a price of $52 per share. The next day, it posted a high of ~$58.20 and then entered a downtrend.
JAT Capital Lowers Stake in Tesla Motors
In the fourth quarter of 2014, JAT Capital reduced its stake in Tesla Motors (TSLA). The position accounted for 5.83% of the fund’s 4Q14 portfolio.
Reading the Analysts’ Yuletide Ratings for Toyota This Year
According to the data collected by Thomson Reuters, ~38% of the 24 analysts covering Toyota recommend a “buy” for the stock, while 50% recommend a “hold.”
These Factors Hurt Honda’s US Sales in January 2018
In January 2018, Honda Motor Company’s (HMC) American division reported a YoY (year-over-year) fall of ~1.7% in its US market sales volumes.
Ford’s European Sales Showcased Strength in February 2018
Ford Motor Company (F) sold ~97,000 vehicle units in Europe in February 2018.
What GS Thinks about How Tesla’s Sales Growth Drives Earnings
Goldman Sachs estimated that Tesla Motors’ (TSLA) 2017 sales would rise 24%.
Exploring FCAU’s Updated Technicals before Its 4Q17 Results
Despite recent positive trends, Fiat Chrysler’s valuation multiples are currently trending lower than those of its direct peers General Motors (GM) and Ford Motor Company (F).
PepsiCo and Theo Muller Cease Yogurt Production in the US
PepsiCo (PEP) and Germany-based dairy giant Theo Muller Group have ended their yogurt production at a western New York plant.
Toyota Posted Solid China Sales despite a Weak Industry
Toyota (TM), the largest Japanese automaker, reported a solid year-over-year increase of 17.7% in its September China sales to ~140,000 vehicle units.
Why GM Stock Posted Its Deepest Weekly Loss in a Year
During the week ended November 3, General Motors (GM) stock settled at $42.34 with ~5.2% value erosion from the previous week’s closing price.
Auto Industry: Industrial Production in October
According to the Fed’s latest release on November 16, 2017, the seasonally adjusted US Industrial Production Index stood at 106.14 in October 2017.
Analysts’ Recommendations on Ford Stock after Its 3Q17 Results
Ford stock’s consensus 12-month target price was $12.27 on October 26 without any upside potential, as its market price was $12.27.
Are Analysts Optimistic about Auto Parts Companies in 2018?
On January 19, about 42%, 68%, and 46% of analysts gave “buy” recommendations on AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP), respectively.
The Week Ahead: Key Dates in Consumer from May 22–26, 2017
In this part of the series, we’ll look at the important events for the week ahead, from May 22–26, 2017.
What Are Harley-Davidson’s Key Support and Resistance Levels?
As of January 23, 2017, Harley-Davidson stock was trading at $59.26. It’s currently trading in an upward sloping trend on a positive note.
What Are Analysts’ Recommendations for Ford?
According to the latest Bloomberg consensus, 32% of analysts covering Ford rated it as a “buy,” 56% rated it as a “hold,” and three rated it as a “sell.”
Why Ford’s Q3 2018 Results from China Might Not Impress Investors
Ford Motor Company (F) sold about 62,683 vehicle units in China in August 2018.
How FX Impacted Procter & Gamble’s Grooming Segment by 7% in Fiscal 3Q16
Net revenues from P&G’s Grooming segment in fiscal 3Q16 came in at $1.6 billion. But the segment’s net sales were 9.9% lower than in fiscal 3Q15.
Tesla to Unveil Electric Semi Truck: How’s the Stock Trading?
Tesla (TSLA), the popular US electric vehicle maker, is set to unveil its electric semi truck on November 16, 2017. The truck is expected to have autonomous capabilities along with other best-in-class features.
Why China Is Such an Important Market for Hershey in 2015
Hershey is the fastest-growing confectionery company in China, and Hershey expects China to become its second-largest market behind the US by 2017.
Year-End Highlights: Fiat Chrysler’s Key Updates in 2016
A possible future integration of Google’s self-driving technology in FCAU’s vehicles could enhance customer appeal.
Analysts Raise Fiat Chrysler’s Stock Price Target
As of April 11, analysts’ 12-month target price for Fiat Chrysler stock was $32.90, reflecting an impressive upside potential of ~41.7% based on its market price of $22.86.
What to Expect from General Motors’ Stock This Week
GM’s stock outperformed all its peers in 3Q16. The company’s strong fundamentals can be linked to its increased focus on profitability.
Are Tesla Short-Sellers Enjoying Elon Musk’s Silence?
December is proving to be underwhelming for Tesla investors (IWB).
Could Harley-Davidson Stock Remain Weak in 4Q17?
In October 2017, Harley-Davidson (HOG) stock turned negative again and lost about 1.8% after gaining 2.6% in September.
General Motors’ Strong 3Q16 Earnings Triggered a Selling Spree
General Motors (GM) released its 3Q16 earnings on October 25. Its adjusted EPS stood at $1.72 for the quarter—14.7% higher than $1.45 in 3Q15.
What Happened to Auto Stocks Last Week?
Last week, Ford (F), Toyota (TM), and Fiat Chrysler (FCAU) underperformed the broader market, falling 2.8%, 4.8%, and 0.9%, respectively.
US Truck Sales Jumped Nearly 16% in March 2018
According to the data compiled by Autodata, March 2018 US auto sales stood at 1.7 million vehicle units.
Must-know: Top auto industry ETFs for investors
The First Trust NASDAQ Global Auto ETF (CARZ) is the most traded auto-focused ETF. The three-year return for the ETF is 48.32%. YTD, CARZ provided a return of 2.23%.
Could Ford’s New Leadership Gain Investors’ Confidence?
In May 2017, Ford Motor Company (F) witnessed big changes in its senior leadership. Jim Hackett replaced Mark Fields as the company’s new CEO.
Why GM Stock Traded on a Weak Note in the 1st Week of December
During the week ended December 8, General Motors (GM) stock settled at $42.02 with an ~1.8% drop from the previous week’s closing price.
Will Kellogg Report Lower Revenue Again in 2Q16?
Analysts expect Kellogg’s revenue to be $3.36 billion for fiscal 2Q16. This represents a decline of 4% compared to revenue of $3.50 billion in 2Q15.
China’s Vehicle Sales Declined for the Second Month in 2018
According to data provided by the China Association of Automobile Manufacturers, China’s vehicle sales were at ~1.89 million vehicle units in July.
How Europe Drove Ford’s Revenues Higher in 1Q17
In 1Q17, Ford’s revenues from Europe rose 10.0% to $7.6 billion from $6.9 billion in the corresponding quarter of the previous year.
How Did China and US Vehicle Sales Look in November?
In this series, we’ll explore key automakers’ November 2017 Chinese and European sales figures. We’ll also look at what these sales figures could mean for these auto companies’ future growth.
Do Analysts Expect Toyota to Recover in April 2017?
Despite being founded much later than mainstream US automakers (IYK) such as General Motors (GM) and Ford (F), Toyota became the world’s largest automaker by volume in 2008.
Why GM Stock Fell in the First Half of December 2017
In November 2017, General Motors’ home market sales fell 2.9% YoY (year-over-year) to 245,387 units.