iShares Morningstar Large-Cap Value
Company & Industry Overviews
Merck & Co. (MRK) surpassed Wall Street analysts’ estimates for EPS (earnings per share) but missed analysts’ estimate for revenues in 3Q17.
Joy Global’s shares are currently trading at a PE ratio of 40.1x, which is expensive next to the industrial sector peer average of 16.5x.
On August 4, 2016, after markets closed, Kraft Heinz (KHC) reported its fiscal 2Q16 financial results ending July 3, 2016. The stock rose 4% the next day.
Analysts’ expectations for KHC’s earnings look optimistic for the rest of 2016. Its earnings are expected to rise by 70% and 44% in 3Q16 and 4Q16.
Kraft Heinz is set to report its 2Q16 results on August 4, 2016. For the second quarter, analysts expect KHC’s revenue to fall, but what about its earnings?
Barclays gave an “overweight” rating to General Electric’s (GE) stock, with a target price of $34 on July 22. The target price implies a potential rise of 6.0% over July 22’s closing price of $32.06 per share.
General Electric (GE) has a Wall Street analyst consensus rating of “buy.” Of the 20 analysts surveyed by Bloomberg, 11 gave the company “buy” ratings.
General Electric (GE) has a Wall Street analyst consensus rating of “buy.” Of 20 analysts surveyed by Bloomberg, 11 gave the company a “buy” rating while nine gave it “hold” rating.
As a large industrial conglomerate, GE’s performance relates to the performance of the macroeconomy. So you could say it’s cyclical in nature.
Shares of General Electric (GE) currently trade at a PE (price-to-earnings) value of 31.4x.
On January 15, 2016, GE agreed to sell its appliances business to Haier for $5.4 billion.
On March 24, 2016, Virginia resident Rodney Colley filed a lawsuit against Procter & Gamble (PG), or P&G, for harm allegedly caused by its Old Spice deodorants.