In this overview article, we’ll see how analysts are rating the leading steel stocks, and we’ll also compare performance from the top five steel companies.
What is the dividend outlook? Entergy Corporation’s (ETR) present dividend yield of 4.6% has been driven by dividend growth and price loss. Dividends grew 2% each in 2016 and 2017. The dividend is projected to grow 2% in 2018. What is the projected dividend payout? The company recorded a dividend payout of 48% in 2016. […]
Johnson & Johnson has launched a number of key products and has entered into some strategic partnerships and collaborations that have helped the company accelerate the growth of its medical device business.
Gilead Sciences’ (GILD) revenue fell 7% and 13% in 2016 and 9M17, respectively. The fall was due to lower product sales. Both antiviral products and other products recorded declines in both the periods.
In 3Q17, Johnson & Johnson’s (JNJ) Darzalex generated revenues of $317 million, a ~94% increase on a year-over-year (or YoY) basis and ~6% growth on a quarter-over-quarter basis.
In 3Q17, Eli Lilly’s (LLY) Cyramza generated revenues of $196 million, which reflected ~23% growth on a YoY basis and 5% growth on a quarter-over-quarter basis.
Recent approval In September 2017, the FDA approved Merck’s (MRK) Keytruda for the treatment of individuals with relapsing or recurrent metastatic GEJ (gastroesophageal junction) adenocarcinoma with PDL1[1.programmed death-ligand 1]-expressing tumors, as evaluated by an FDA-approved test. KEYNOTE-059 trial The approval of Keytruda for GEJ adenocarcinoma was based on the KEYNOTE-059 trial. Of 259 patients, 143 patients […]
Vulcan’s revenue and earnings in 2015 and 2016 Vulcan Materials’ (VMC) revenue rose 14% and 5%, respectively, in 2015 and 2016. Whereas its aggregate segment’s revenue drove growth in both years, its asphalt mix segment and concrete segment saw their revenue fall. The calcium segment’s revenue rose in 2016 after a fall in 2015. Operating expenses rose […]
Microsoft’s (MSFT) 5.0% revenue growth in 2017 has been mainly driven by productivity and business processes and intelligent cloud, offset by more personal computing and other segments.
Of the 22 analysts covering Pfizer (PFE) in August 2017, one analyst recommended a “strong buy” and ten analysts recommended a “buy.” On August 26, Pfizer had a consensus 12-month target price of $37.45 for a 12.7% return on investment.
In 2Q17, Merck’s (MRK) Bridion generated revenues of ~$163 million, which reflected ~44% growth on a year-over-year basis and 10% growth on a quarter-over-quarter basis.
In this series, we’ll be looking at ten dividend aristocrats with low PE ratios. Dividend aristocrats are S&P 500 stocks that have raised their dividend payouts for at least 25 successive years.
The S&P 500 Dividend Aristocrat Index is made up of 51 S&P 500 (SPY) (SPX-INDEX) companies that have increased their dividends for 25 successive years.
Xgeva revenue trends In 2Q17, Amgen’s (AMGN) Xgeva generated revenues of ~$395 million, which reflected ~4% growth on a YoY (year-over-year) basis and a 2% decline on a QoQ (quarter-over-quarter) basis. In 2Q17, in the US, Xgeva generated revenues of ~$292 million, which reflected ~6% YoY growth and a ~2% QoQ decline. Outside the US, […]
AT&T (T) has recorded year-over-year revenue growth in the past seven years, a feat unmatched by its peers. AT&T has the lowest debt-to-equity ratio among its peers.
The S&P 500 (SPY) defensive sectors tend to offer an attractive yield to investors during low-interest environments or when the economy is slowing down.
In 2016, AbbVie’s (ABBV) Viekira generated revenue of ~$1.5 billion, a fall of ~7% year-over-year (or YoY). In 1Q17, the drug reported revenue of ~$236 million.
In 1Q17, Royal Dutch Shell (RDS.A) generated around $9.5 billion in cash from operations. It had cash outflows of $4.3 billion in the form of capital expenditure.
Refining stocks’ dividend yields Refining companies have consistently provided returns to shareholders in the form of dividends. Let’s evaluate the dividend yields of Marathon Petroleum (MPC), Tesoro (TSO), Valero Energy (VLO), and Phillips 66 (PSX), the top four American downstream companies. Yield is measured as a ratio of annualized dividends to stock price. VLO has […]
Refining companies have consistently provided returns to shareholders in the form of dividends. So, we’ve evaluated the dividend yields of the top four American downstream companies.
TSO’s dividend yield rose from 2% in 4Q13 to 2.6% in 4Q16 due to the steep rise in its dividend compared to the rise in its stock price during the period.
Chevron’s cash flow In 2016, Chevron’s (CVX) cash flow from operations stood at $12.9 billion, compared with $19.5 billion in 2015. Chevron’s cash outflow from investing stood at $16.9 billion in 2016, compared with $23.8 billion in 2015. However, cash flow from financing almost evened out with debt inflow and dividend outflow. Chevron prioritizes dividend […]
From 4Q15 to 4Q16, revenues for National Oilwell Varco’s (NOV) Rig Systems segment fell ~58%. This was the highest revenue drop among NOV’s operating segments.
In 2016, Patterson-UTI Energy (PTEN) recorded $915.8 million in revenues—52% lower compared to 2015. In 2016, the company’s net loss was $318.6 million.
Domtar’s (UFS) net income and earnings per share rose to $59.0 million and $0.94, respectively, in 3Q16 compared to $11.0 million and $0.17, respectively, in 3Q15.
From 3Q15 to 3Q16, Patterson-UTI Energy’s (PTEN) Contract Drilling segment revenues declined ~53% due to lower rig count, lower rig revenues per day, and lower margins.
General Electric’s (GE) Oil and Gas segment’s revenues fell 22% in 4Q16 to $3.4 billion, while the segment’s profits fell 43% at $411.0 million in the same quarter.
In the past couple of years, major US upstream and integrated companies have reduced their capital expenditures (capex) following crude oil’s sharp fall.
On January 10, 2017, General Electric (GE) completed its acquisition of ServiceMax, a leader in cloud-based field service management solutions, for $915.0 million.
General Electric is slated to announce its 4Q16 and 2016 results on January 20, 2017. In the past, the company has been able to outperform analysts’ earnings estimates.
Royal Dutch Shell has consistently provided returns to its shareholders in the form of dividends. For this reason, we’ve evaluated the company’s dividend yields.
On January 28, Merck’s Zepatier secured approval from the FDA as a therapy for adult patients suffering from genotype 1 or genotype 4 HCV (Hepatitis C).
Phillips 66’s cash balance fell 52% to ~$2.3 billion in 3Q16 due to cash inflow from operations, offset by weak cash outflow from financing and investing.
In his November Insights newsletter, Richard Bernstein stated, “It is incredible that investors have basically been wallflowers during the second longest bull market of the post-war period.”
Petrobras (PBR) announced its 3Q16 earnings on November 10, 2016, after the market closed. In anticipation of the day’s results, PBR stock opened at $10.80 per share on November 11, which was lower than the previous close of $11.30.
Tesoro (TSO) posted its 3Q16 results on October 31, 2016. The company reported revenue of $6.5 billion, missing Wall Street analysts’ consensus estimate.
Before going into the details of the General Electric (GE) and Baker Hughes (BHI) partnership transaction, let’s get a sense of GE’s and BHI’s businesses and assets.
Institutional holdings in Tesoro (TSO) currently stand at ~95%. The level of these holdings sheds some light on the confidence level sophisticated market participants like these institutions have in the stock.
Cardiologists in major markets such as the US and Japan have been consistently prescribing Eliquis, making the drug the top oral anticoagulant in the new-to-brand category.
Approximately 55% of the analysts tracking Patterson-UTI Energy rated it as a “buy,” ~26% rated it as a “hold,” and the other 19% rated it as a “sell.”
Wall Street’s forecasts for NOV In this article, we’ll look at Wall Street analysts’ forecasts for National Oilwell Varco (NOV). Consensus rating for NOV Approximately 24% of analysts tracking National Oilwell Varco rated it a “buy” or some equivalent. Approximately 62% rated the company a “hold” or an equivalent, and the remaining 14% rated it […]
Domtar’s (UFS) net income and earnings per share fell to $18.0 million and $0.29, respectively, in 2Q16, compared with $38.0 million and $0.60, respectively, in 2Q15.
