PowerShares DWA Cnsmr Cyclicals Mom ETF

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.

VF Corporation (VFC) recorded total sales of $2.8 billion during the first quarter of 2019. Sales from continuing operations improved 23% YoY (year-over-year) on a reported basis and 21% YoY on currecy-neutral basis.

After Priceline (PCLN) released its 3Q17 results, analysts’ estimates for 2017 and 2018 were revised downwards. For the fourth quarter of 2017, sales are expected to grow 14.8% year-over-year or YoY to $2.7 billion.

A large part of Priceline’s (PCLN) growth in the past has come from acquiring smaller companies all over the world. It had to raise debt to finance some of these acquisitions.

Hotel accommodations have historically driven Priceline’s growth. During the third quarter of the year, Priceline’s global accommodation business booked 178 million room nights.

Analysts expect Priceline’s fiscal 2017 revenues to grow 16.7% YoY to $12.5 billion, which is slightly lower than the 16.5% YoY growth seen in 2016.

In 2Q17, Priceline’s (PCLN) gross bookings grew 16.4% year-over-year to $20.8 billion.

When former CEO Dara Khosrowshahi left Expedia to join Uber, Mark Okerstrom seemed like the obvious choice for the vacant CEO position.

After a 12-year stint at Expedia (EXPE), Dara Khosrowshahi resigned as the CEO to join Uber. Uber’s search for a new CEO started in June 2017.

For 2Q17, analysts are estimating Priceline’s (PCLN) EBITDA to rise 6.7% YoY (year-over-year) to $925.4 million.

For the first quarter of 2017, Priceline’s (PCLN) gross bookings have risen 24.2% YoY (year-over-year) to $20.7 billion.

For 2Q17, analysts are estimating that Priceline’s (PCLN) revenue will rise 16.7% YoY to $3.0 billion, which is higher than 12.6% in 1Q17.

On July 21, 2017, Wyndham Worldwide (WYN) had a closing price of $103.1 and an indicated dividend yield of 2.3%, the highest among its peers.

The good news for Southwest Airlines (LUV) investors is that the company has the lowest leverage among industry peers.

Priceline’s (PCLN) fiscal 2016 performance was subdued by the dollar’s appreciation. Because Priceline has a widespread international presence, it’s prone to currency fluctuation risks.

After the unconventional acquisition of Opentable, Momondo was a logical addition as it adds to the travel database of Kayak’s existing portfolio.

With its metasearch brands—Kayak, Momondo, and Skyscanner (through Ctrip)—Priceline seems to have a larger share of the pie, leaving little on the table when Expedia goes shopping.

For 4Q16, analysts expect Priceline’s (PCLN) revenue to rise 16.2%, less than the 18.9% growth the company saw in 3Q16.

For 3Q16, analysts are estimating Priceline’s revenues to grow by 16.6%, which would be higher than the 12% growth the company saw in the second quarter.

Foreign currency fluctuations and lower fuel surcharges in the international market will have a negative impact on Alaska Air Group’s unit revenues.

Lear Corporation (LEA) has a market cap of $7.8 billion. LEA fell by 1.4% to close at $104.89 per share as of February 18, 2016.

For fiscal 2015, Priceline generated operating cash flow of $3.1 billion or about 34% of its gross profit. At the end of the year, the total cash and investments stood at ~$10.6 billion, about 16% of its current market cap.

Alaska Air Group has set strong cash flow expectations for 2016. The airline expects to generate about $1,375 million in cash flow from operations.

For 4Q15, Alaska Air Group’s passenger revenues grew by 4.7% YoY in contrast to the industry’s revenue decline of 1% in 2015. ALK’s total revenue growth stood at 5.5% YoY.

VFC reported 3Q15 total revenue of $3.6 billion, a rise of 2.6% when compared to net sales of $3.5 billion in 3Q14.

In 2014, Papa John’s spent $63 million, or 4% of its total revenues, on advertising, whereas McDonald’s spent $808 million, or 2.9% of its total revenues.

Papa John’s is now focused on opening new stores outside North America. In 2014, it opened 388 new stores, 244 of which are outside North America.

The week ended December 4, 2015, saw consumer discretionary stocks rise on the backdrop of some positive earnings and macroeconomic releases.

Foot Locker outperformed its peers based on the PE ratio, PBV ratio, and price-to-sales ratio. The ETFs outperformed Foot Locker based on the PE and PBV ratios.

Foot Locker has a market cap of $9.1 billion. Its YTD price movement rose and fell in fiscal 2015. After the earnings report in fiscal 3Q15, it rose by 5.7%.

The respective PE ratios of Williams-Sonoma and peers Bed Bath & Beyond, Restoration Hardware, and Mattress Firm were 20.0x, 10.4x, 38.4x, and 32.6x.

The PowerShares DWA Consumer Cyclicals Momentum ETF invests 2.0% of its holdings in Middleby. The ETF tracks an index of US consumer cyclical firms.

Tractor Supply (TSCO) reported its 3Q15 earnings after the market closed on October 21. The stock rose by 5.5% due to the strong performance in 3Q15.

The price-to-sales ratios of Brinker, Darden, Buffalo Wild Wings, Bloomin’ Brands, and DineEquity are 0.95x, 1.19x, 2.15x, 0.53x, and 2.47x, respectively.

After its 1Q16 earnings report, Brinker fell by 7.6% to close at $47.67 per share as of October 20, 2015.

The peers outperformed Domino’s based on the EPS and PE ratio. Domino’s is way ahead of its peers based on the current ratio and price-to-sales ratio.

Domino’s Pizza (DPZ) has a market cap of $5.64 billion. Domino’s YTD (year-to-date) price movement is a mix of ups and downs.

AutoZone’s net profit margin and EPS have outperformed its competitors. Based on price movement, AutoZone has also outperformed its ETFs.

AutoZone (AZO) has reported 4Q15 net revenue of $3,290.404 million, an increase of 31.9%, compared to $2,493.021 million in 3Q15. AutoZone opened 72 domestic stores and 23 stores in Mexico in 4Q15.