Inside ExxonMobil’s Stock ahead of Its 3Q17 Earnings
The overall rise in WTI (West Texas Intermediate) prices since July 3 has likely led ExxonMobil stock to deliver a positive return.
What S&P 500 Index Moving Averages Could Indicate
The S&P 500 Index is trading 1.2% above its 20-day moving average and 6% above its 100-day moving average.
Why Apple’s iPad Shipments Fell 13% YoY in Fiscal 2Q17
In fiscal 2Q17, Apple (AAPL) shipped approximately 8.9 million iPad units and generated revenue of $3.9 billion.
Why Phillips 66 Commands Premium Valuations
Phillips 66 (PSX) is trading at a forward PE (price-to-earnings) ratio of 15.1x, which is above its peer average of 14.5x.
Natural Gas’s Surge in November 2017
Between October 30 and November 6, 2017, US crude oil futures rose 5.9%.
Coca-Cola’s Stock: Analysts Raise Target Prices after Q2 Earnings
As of July 26, about 37% or ten out of 27 analysts had a “buy” rating for Coca-Cola’s (KO) stock. The stock was rated “hold” by 59% or 16 analysts.
Consumer Sector Insights for the Week of October 2–6, 2017
With the start of the third quarter earnings season, the S&P 500 Index (SPY) finished the week ending October 6, 2017, with positive growth of 1.2%.
Bernstein on Making Money in the Market in 2018
Richard Bernstein on making money In an interview with CNBC, prominent investor Richard Bernstein shared his views on global equity markets and how to make money in 2018. In the previous part, we saw that he advised investors to stay invested in the market as long as corporate earnings are accelerating. Bernstein also said that the best way […]
ConocoPhillips’s 1Q17 Crude Oil Price Underperforms WTI
ConocoPhillips’s 1Q17 crude oil realized prices In 1Q17, excluding the effect of hedges, ConocoPhillips’s average realized crude oil price in the Lower 48 region was $45.89 per barrel, up ~70% from its price of $27.04 per barrel in 1Q16. Sequentially, ConocoPhillips’s 1Q17 price is ~4% higher than it was in 4Q16. Crude oil prices versus […]
What Changed W.W. Grainger’s Dividend Yield Graph?
W.W. Grainger (GWW) recorded a 2.0% net sales growth in 2016 after flat growth in 2015.
BlackRock’s Retail Clientele to See Subdued Fund Flows in 1Q17
BlackRock’s retail business has seen negative flows over the past few quarters. Retail investors have withdrawn funds from the alternatives, fixed income, and multiasset categories.
These Key Economic Indicators Were Released Last Week
In this series, we’ll take a look at the global final manufacturing PMIs and services PMIs for March 2017. These indicators help us understand the business condition of an economy.
How a Recovery in Oil Prices Could Drive Wall Street’s Gains
Between August 24 and August 31, 2017, the S&P 400 Mid-Cap Index (IVOO) had the second-highest correlation of 72.3% with US crude oil active futures among our list of equity indexes.
Under Armour: S&P 500’s Top Gainer on April 3
Under Armour was the S&P 500’s top gainer on April 3. After declining for three consecutive trading weeks, Under Armour regained stability last week.
How Burlington Stores Plans to Boost Its Sales
Burlington Stores’ (BURL) off-price model helped it deliver same-store sales growth for the 19th consecutive quarter in fiscal 3Q17.
Broader Market Might Have Limited the Upside in Energy ETFs
US crude oil February futures rose 5.6% in the trailing week.
Olin Surged Ahead in August: Here’s Why
Olin Corporation (OLN) turned out to be one of the best performers among the specialty segments in August.
Is ONEOK Stock Currently Overvalued?
ONEOK (OKE) stock is currently trading at a forward EV-to-EBITDA multiple of 14.3x.
US Crude Oil above $65: Which Oil-Weighted Stocks Are Gaining?
Between January 17 and January 24, 2018, oil-weighted stocks rose 2.4%. Over this period, US crude oil March futures rose 2.6%.
Coca-Cola’s 2Q17 Results Beat Market Expectations
Coca-Cola’s (KO) stock price was up 1.1% to $45.74 on July 26 in reaction to the company’s 2Q17 results.
Wall Street Rose amid Trump’s Tax Cut Proposal on September 27
The S&P 500 started this week on a weaker note due to the market’s lower risk appetite amid geopolitical concerns. The S&P 500 rose on September 27.
DUK, AWK, FE: Why These Utility Stocks Are in Focus
NRG Energy (NRG) has risen 23.1% in the past year, the most among high-volatility utility stocks.
Southwestern Energy Didn’t Follow Natural Gas to the Upside
Southwestern Energy’s (SWN) stock price fell ~2.7% for the week ending January 26, 2018. Natural gas (UGAZ) (DGAZ) (UNG) prices increased ~10.0%.
A Look at Airline Stocks’ Recent Performance
Stock performance in 2017 Most airline stocks have continued their gaining streak in 2017. As of February 14, 2017, Southwest Airlines (LUV) has seen the highest YTD (year-to-date) gain of 10.9%, followed by Alaska Airlines (ALK) with 8.5%. Allegiant Travels (ALGT) has gained 5.0%, United Continental (UAL) has gained 1.2%, and Delta Air Lines (DAL) […]
Will President Trump’s Pressure Tactics Work Out?
In March 2018, President Donald Trump imposed a tariff of 25% on steel imports. What’s happened since?
Suncor Energy: The Only Integrated Energy Loser This Week
Suncor Energy (SU) is the only losing stock in the current week from the integrated energy sector. It fell from last week’s close of $34.67 to $34.52 on October 11, 2017.
Quest Diagnostics: S&P 500’s Top Loser on September 25
Quest Diagnostics was the S&P 500’s top loser on September 25. On September 25, Quest Diagnostics fell 7.4% to $94.38—the lowest close in seven months.
Wall Street Pulled Back on October 25 amid Weak Earnings
On October 25, the NASDAQ and Dow Jones Industrial Average opened the day lower. The NASDAQ closed the day at 6,563.89 with a loss of 0.52%.
Why Time Warner Intends to Pull Its HBO Programming from Amazon
Time Warner announced at its fiscal 1Q17 earnings call that it most likely won’t extend its agreement with Amazon beyond 2018.
Why J.M. Smucker’s Earnings Could Continue to Fall
J.M. Smucker (SJM) expects its fiscal 2Q18 adjusted EPS to fall by high single digits.
Top Energy Losses Last Week
On June 8–15, Whiting Petroleum (WLL) and California Resources (CRC) fell the most on our list of energy stocks.
Is Williams Companies a ‘Buy’ at Current Price Levels?
Williams Companies’ forward EV-to-EBITDA multiple was 11.7x as of July 18, 2017—below the historical five-year average of 13.2x.
Conagra’s Margins Will Likely Improve at a Slower Rate
Notably, Conagra Brands generated an improvement of more than 300 basis points in its operating margins in the first three quarters of fiscal 2017.
Why Campbell Soup’s Sales Could Be Disappointing
Campbell Soup (CPB) has been disappointing investors with its sales and has missed the analysts’ consensus estimates in the past three quarters.
A Look at Aetna’s Dividend Yield Path
Aetna (AET) recorded a 5.0% rise in revenue in 2016 and a 4.0% rise in 2015.
What Sprint Foresees for Revenue Growth in Fiscal 1Q17
Wall Street expects Sprint’s (S) total revenues to rise ~3.0% YoY (year-over-year) to ~$8.25 billion in fiscal 1Q17 (ended June 2017).
Why Howard Marks Loves Emerging Markets
In the previous part of this series, we discussed Howard Marks’ latest views on FANG stocks and saw that he is concerned about high-growth technology stocks and the risk to the equity market (SPY).
What Analysts Recommend for Tyson Foods’ Stock
Most of analysts covering Tyson Foods (TSN) remain positive on the stock, given the company’s strong start to the current fiscal year.
Trump’s Tariffs: More Countries Investigate China
Fearing an import deflection following the Section 232 tariffs in the United States, several regions are contemplating tariffs on Chinese steel products.
RenMac: March Jobs Won’t Change Views
The March jobs report should not change anyone’s views on the outlook for monetary policy.
Crude Oil Is Firming: Are Traders Looking for a Breakout?
US crude oil April futures rose 0.4% in the week ending on February 24, 2017. WTI crude oil April futures closed at $53.99 per barrel on February 24.
Why Netflix Is Stopping Short of an All-Time High
Netflix (NFLX) is expected to announce its 1Q17 results on April 17, 2017. In its 4Q16 results, Netflix had total streaming revenues of $2.4 billion, up 41% year-over-year.
Why Papa John’s Hit a 52-Week Low on July 23
On July 23, Papa John’s (PZZA) hit a 52-week low of $46.06 before closing the day at $46.56.
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.
Iran and Russia Impact Crude Oil Prices
March WTI (West Texas Intermediate) crude oil (XLE) (USL) (USO) (UCO) futures contracts rose 0.5% and closed at $53.83 per barrel on February 3, 2017.
Will Kinder Morgan Stock Continue to Surge in 2017?
Kinder Morgan stock has risen 44% in the past year, as compared to Enterprise Products Partners’ 32% rise and ONEOK’s 162% rise.
Are Wall Street Indexes Motivated by Oil’s Moves?
On January 25–February 1, 2018, Wall Street indexes like SPY, IVOO, and DIA had above 80% correlations with US crude oil futures.
Oil and Natural Gas Fell: Is Your Energy Portfolio at Risk?
US crude oil April futures fell 0.9% in the week ending on February 17, 2017. WTI crude oil April futures closed at $53.40 per barrel on February 17, 2017.
PepsiCo Stock: Analysts Revised Price Target after 3Q17 Results
As of October 5, 2017, PepsiCo stock was rated a “buy” by 55.0% (12 of 22) analysts. The stock is rated a “hold” by ten analysts.
Macro Events That Could Influence Markets This Week
The last three trading sessions in May are likely to be influenced by geopolitical issues rather than economic data.
Where Does Monster Beverage’s Valuation Stand ahead of 3Q Results?
As of November 1, Monster Beverage (MNST) was trading at a 12-month forward PE of 36.5x.
Factors That Could Impact Kimberly-Clark’s Earnings in 2018
Kimberly-Clark (KMB) has managed to increase its EPS (earnings per share) despite volume deleveraging.
Facebook Stock Is Dragging the Tech Sector Down
The Technology Select Sector SPDR ETF (XLK) fell ~2.6% on March 22, 2018.
Conagra’s 1Q18 Sales Beat Estimates despite Falling Year-over-Year
Conagra Brands’ (CAG) fiscal 1Q18 sales of $1.8 billion came in ahead of analysts’ estimate but fell 4.8% YoY (year-over-year).
Schlumberger’s Free Cash Flow in 3Q17
In 3Q17, Schlumberger’s FCF was $1.1 billion. The FCF includes Schlumberger’s expenditure on SPM investments and multiclient seismic data.
What to Expect from Crude Oil Prices in March 2017
US crude oil futures contracts for April delivery closed at $54.01 per barrel on February 28, 2017—0.1% less than the previous closing price.
Looking at L Brands’ Growth Initiatives
Growth strategies L Brands (LB), one of the world’s leading intimate apparel retailers, owns brands Victoria’s Secret, PINK, La Senza, and Bath & Body Works. For some time, the company has been marred by a changing retail landscape. The shift to online shopping has reduced mall traffic, impacting store sales. Moreover, competitive pricing has resulted in […]
Can Procter & Gamble Improve Its Earnings in Fiscal 2018?
Procter & Gamble (PG) has managed to increase its earnings despite weak sales. It has surpassed analysts’ EPS expectations for ten consecutive quarters.
Why Larry Fink Thinks Markets Could See Some Setbacks
In a recent interview with CNBC, Larry Fink, CEO of BlackRock (BLK), shared his views on market movement, the US economy, and the dangerous impact of the lower interest rates.
Schlumberger’s 7-Day Stock Price Forecast on May 26
Schlumberger stock will likely close between $71.88 and $68.30 in the next seven days. Sclumberger’s stock price was $70.09 on May 26, 2017.
Can BlackBerry Stock Still Generate Impressive Returns in 2018?
BlackBerry (BB) stock has returned 5.5% in the last 12 months, 5.6% in the last month, and 1.8% in the last five days.
US Services PMI Saw Strong Improvement in August
According to the report from Markit Economics, the August US Services PMI (purchasing managers’ index) report showed a strong improvement in the US (SPY) (QQQ) (VFINX) business climate.
ConocoPhillips Stock Outperforms Crude Oil
The price of natural gas (UNG) rose ~5% last week. It rose from $2.92 per mmBtu (million British thermal units) to $3.07 per mmBtu. ConocoPhillips’s production volume mix contains ~40% natural gas.
Could Coca-Cola’s Volumes Increase in 1Q17?
In 2016, Coca-Cola’s worldwide unit case volume rose 1.0%. Its sparkling beverage volumes were flat in 2016, while still beverage volumes rose 3.0%.
Insight into China’s Manufacturing PMI in December 2017
China’s manufacturing PMI stood at 51.6 in December compared to 51.8 in November 2017, which was in line with the market’s expectation of 51.6.
What Drove Sprint’s Fiscal 1Q17 Earnings Growth
Sprint’s earnings in the last few quarters Sprint’s (S) strong fiscal 1Q17 (ended June 2017) results indicate that a turnaround is on track. Sprint has begun to recover from years of customer losses and continues to make progress on customer retention, acquisition, and expense optimization initiatives. In fiscal 1Q17, Sprint’s earnings grew significantly YoY (year-over-year). Its […]
Campbell Soup’s Margins Improved in 4Q17
Campbell Soup (CPB) reported strong margin growth during the quarter. In fiscal 4Q17, the company’s adjusted gross margin rose by 80 basis points to 36.9%.
Why Is Buffett Betting Big on Index Funds?
Buffett said in his recent interview with CNBC that the passive investment strategy or indexing strategy should work well in any market situation.
Is $30 for Crude Oil Coming?
US crude oil (USO) (OIIL) (USL) (DBO) futures contracts for May delivery closed at $48.24 per barrel on March 21, 2017.
Best Buy Was the S&P 500’s Top Gainer on May 25
Best Buy rose to record high price levels on May 25. Despite prevailing weakness in the retail sector, Best Buy posted upbeat first quarter results.
Why Goldman Sachs Turned Negative on Clorox Stock
Goldman Sachs downgraded Clorox (CLX) stock to “sell” from “neutral” and lowered the target price to $112 from $127.
Why Analysts Expect Tyson Foods’ 3Q17 Earnings to Fall
In fiscal 3Q17, analysts expect Tyson Foods to post adjusted earnings per share of $1.18, a year-over-year decline of 2.5%.
Why Fiat Chrysler Stock Is Trading in a Narrow Range
Last week, which ended October 13, 2017, Fiat Chrysler (FCAU) stock remained mixed and witnessed a minor rise of 0.90%.
What’s Affecting Natural Gas Futures?
December natural gas (UNG) (BOIL) futures contracts trading on NYMEX fell 0.97% to $3.05 per MMBtu (or million British thermal units) on October 26, 2017.
Key ADP Highlights: 135,000 Jobs in September
The ADP National Employment Report for September 2017 showed some weaker improvement in private sector employment to 135,000 in September compared to the market’s expectation of 125,000.
Natural Gas Prices Driving Chesapeake Energy Stock in 2017
Chesapeake Energy’s (CHK) 2016 debt management efforts included a combination of debt exchanges, open market repurchases, and equity-for-debt exchanges.
Will Crude Oil Futures Break Key Resistance of $54 per Barrel?
WTI (West Texas Intermediate) crude oil futures contracts for May delivery rose 1.2% to $51.6 per barrel in electronic trade at 5:20 AM EST on April 5.
Donald Trump or Xi Jinping: Whose Ammunition Will Run Out First?
The trade war between the United States and China has shown no signs of abating.
Did US Consumer Confidence Improve in February?
The US Conference Board Consumer Confidence Index improved in February 2017. It was at 114.8 compared to 111.6 in January 2017.
How KAMN’s Dividend Yield Looks
Kaman (KAMN) is a differentiated company that conducts business in the aerospace and distribution markets.
What Devon Energy’s Implied Volatility Could Say about Its Stock Price
On May 18, 2017, Devon Energy (DVN) had an implied volatility of ~33.9, which is ~14.9% below its 260-trading day historical price volatility of ~39.9%.
Trend Watch: Tesoro’s Refining Margins in 1Q17
In 1Q17 to date, Tesoro’s refining index values have shown a mixed trend compared to 4Q16, quarter-over-quarter.
Shell’s Upstream Portfolio: Is it Poised to Grow?
Royal Dutch Shell (RDS.A) produced 3.8 MMboepd in 1Q17 from its worldwide operations, compared to 3.7 MMboepd in 1Q16.
How the Macroenvironment and Interest Rates Could Impact Berkshire
Berkshire Hathaway (BRK.B) has been delivering a stable operating performance on high market valuations and the improving economy.
Goldman Sachs: Financial Sector Could See Strong Growth
Goldman Sachs (GS) believes the delay in policy reform might continue in the near future.
S&P 500, NASDAQ, and Dow Rebounded amid Better Global Sentiment
The S&P 500 fell lower last week amid geopolitical concerns. But it started this week on a stronger note by rebounding on Monday.
Wall Street Analysts’ Targets for SLB, HAL, NOV, and WFT
Approximately 90% of the analysts tracking Halliburton (HAL) recommended a “buy,” ~8% recommended a “hold,” and the rest recommended a “sell.”
What Auto Parts Retailers Have under the Tree This December
O’Reilly Automotive (ORLY), AutoZone (AZO), and Advance Auto Parts (AAP) have all touched new record highs over the past couple of years.
Why Investors Are Optimistic about Dunkin’ Brands’ Q2 Earnings
Dunkin’ Brands (DNKN) is scheduled to post its second-quarter earnings before the market opens on July 26.
How Costco’ Margins Fared in Fiscal 1Q18
Margins remained pressured Similar to peers, Costco Wholesale (COST) saw its margins pressured in fiscal 1Q18. Increased investments in growth initiatives and lower pricing to fend off competition from Amazon (AMZN) in the grocery space are taking a toll on the profitability of mass US (SPY) merchandisers. Whereas rising digital sales and fulfillment costs have […]
What Drove Colgate-Palmolive’s Margins Growth in 1Q17?
Colgate-Palmolive (CL) witnessed improved margins in 1Q17 despite soft sales thanks to its “Funding the Growth” initiative aimed at reducing costs and driving efficiency.
How GoPro Aims to Improve Its Profitability in 2018
GoPro is aiming to reduce its operating expenses by $80 million in 2018, which will mean total operating expenses of below $400 million for the year.
Is Oil Boosting Equity Indexes?
Between September 7 and 14, US equity indexes rose.
Can Micron Stock Continue to Outperform the Market in 2017?
Micron stock has risen 154.0% in the last 12 months, hitting a new 52-week high of $32.93 in June 2017.
Here’s What’s Impacting BlackBerry Stock
On September 5, BlackBerry (BB) stock fell 6.3% to close at $9.97.
What’s the Forecast for Shell Stock for the Next 7 Days?
Implied volatility in Royal Dutch Shell (RDS.A) has fallen 4.9% since July 3, 2017, to the current level of 12.8%.
Why Analysts Expect Clorox’s Earnings to Fall in Fiscal 2Q18
Analysts expect Clorox to report adjusted earnings of $1.23 per share, a YoY (year-over-year) decline of 1.6%.
How Did Markets Respond to April Jobs Data?
Non-farm payrolls in April showed a marginal improvement compared to March.
Where NVIDIA’s Margins Stand next to Those of Intel and AMD
NVIDIA’s profit margins NVIDIA (NVDA) has been increasing its revenue while controlling its expenses, resulting in improved profitability and a high free cash flow of up to 20% of its total revenues. Gross margin NVIDIA’s non-GAAP (generally accepted accounting principles) gross margin fell 90 basis points from 59.7% in fiscal 1Q18 to 58.6% in fiscal 2Q18 […]
How Kohl’s Margins Have Fared in Recent Quarters
With continued pressure on sales, several department stores like Kohl’s (KSS) are trying to mitigate the impact of weak top-line figures through increased productivity.