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A Look Into Vera Bradley"s Price Over Earnings

  Looking into the current session, Vera Bradley Inc. (NASDAQ:VRA) is trading at $9.35, after a 3.11% decrease. Over the past month, the stock fell by 11.79%, but over the past year, it actually went up by 13.75%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher ...Full story available on Benzinga.com.....»»

Category: earningsSource: benzingaDec 4th, 2021

Nordstrom Rack was once Nordstrom"s greatest asset, now analysts say it"s dragging the brand down. We visited three Rack stores to find out more.

Nordstrom Rack has become a drag on Nordstrom's earnings, reporting an 8.1% drop in sales over 2019 in the most recent quarter. A Nordstrom Rack branch.Insider/Brittany Chang Once considered the company's greatest asset, sales growth has slowed at Rack in recent years. Analysts say Rack has an inventory problem and suffers by being connected to a full-price brand. We visited three Racks to find out more. Just two years ago, Nordstrom's discount chain, Nordstrom Rack, was considered to be the company's biggest asset, outperforming and outgrowing its full-price business in sales and store locations.A Nordstrom Rack store in Madison, Wisconsin.Insider/Dominick ReuterBut increasingly it has become a lag on the company's earnings, reporting an 8.1% drop in sales over 2019 in the most recent quarter, while its rivals TJ Maxx and Ross Stores continue to thrive.Rack sells discount goods.Insider/Dominick ReuterAnalysts say the store has become chaotic and overrun with inventory. Nordstrom didn't immediately respond to a request for comment.Chaotic shelves in the toy department.Insider/Dominick ReuterWe visited three Nordstrom Rack stores in two parts of the US to find out more about the shopping experience.Handbags galore.Insider/Dominick ReuterOur first impressions of one of its stores in Madison, Wisconsin were good. Clothing racks were neatly organized and employees were actively keeping displays in check.The store was neat and tidy.Insider/Dominick ReuterThere seemed to be a good assortment of recognizable brands and the selection wasn't overwhelming.Kids shoes.Insider/Dominick ReuterStill, some of the clothing seemed to be well out of season. Handy for those hitting hotter climates but less so for locals taking on the cruel midwestern winter.Clothing racks were brimming with summer clothes.Insider/Dominick ReuterNext, we headed to a Nordstrom Rack in Manhattan's Midtown district.Nordstrom Rack in Midtown.Insider/Brittany ChangThe store is close to the busy Herald Square shopping area, key tourist attractions such as the Empire State Building, and a ton of offices, meaning that there are lots of different customers to appeal to.Handbags were neatly arranged.Insider/Brittany ChangOur initial impressions were also positive. Commonly messy parts of the store were kept in good order.Shoes racks looked tidy.Insider/Brittany ChangAnd there seemed to be an appropriate amount of inventory on sale, without racks being overstuffed.The denim section.Insider/Brittany ChangSome of the signage in the store didn't match the clothing on offer, however, possibly indicating that the store is using different items to cover up inventory gaps.Nordstrom executives have been upfront about the challenge of securing inventory right now.Insider/Brittany ChangA ton of winter clothing was on offer.Fleeces and jackets.Insider/Brittany ChangAnd we spotted some well-known designer brands...Rack promises to offer discount prices on premium labels.Insider/Brittany Chang...as well as more generic pieces...A less exciting assortment.Insider/Brittany Chang...and lesser-known labels.We didn't recognize all the brands on offer.Insider/Brittany ChangIt didn't necessarily feel like you were getting the most exciting assortment of designer brands.Women's apparel.Insider/Brittany ChangNext, we headed to Nordstrom Rack's Union Square location. This definitely felt more chaotic.Rammed racks.Insider/Brittany ChangA mismatch of clearance items was jammed onto racks.These items looked to be leftover from last season.Insider/Brittany ChangAnd the displays were more disheveled than in other stores.Designer handbags piled up.Insider/Brittany ChangStill, it was fairly organized for an off-price store where customers are likely to be riffling through the racks to find the best deals.Off-price stores are often messy.Insider/Brittany ChangWe spotted some well-known brands...Nike shoes.Insider/Brittany Chang...along with designer labels...Guess winter jackets.Insider/Brittany Chang...and trendy millennial brands.Ganni is also stocked at Nordstrom.Insider/Brittany ChangGlobalData Retail analyst Neil Saunders has blamed the store's current woes on the lack of discipline in its buying team. "It's almost as if Nordstrom just acquires lots of stuff, which it then shoves into stores," he told Insider.A ton of coats.Insider/Brittany ChangSource: Twitter and Insider.BMO Capital Markets analyst Simeon Siegel told Insider that Nordstrom Rack is also at a disadvantage to its competitors, TJ Maxx and Ross, for example, because the company operates full-price stores too.Madewell basics made an appearance.Insider/Brittany ChangThis means that its Rack locations can be used to sell leftover inventory from full-price stores rather than inventory that's been bought at a discount, which is what TJ Maxx would do. That leads to weaker margins for Nordstrom.Women's tops.Insider/Brittany ChangNordstrom's management team has addressed Rack's weakness in recent earnings calls and partly blamed this on difficulty securing inventory because of current supply chain issues.Insider/Brittany ChangBut Siegel said it's also harder for Rack to attract brands because it has an online store. "Brands prefer the invisible sale done at TJ Maxx," he said. "If you are a brand looking to move product through off-price, seeing it online is a different proposition to believing you can drop boxes off at a TJ Maxx without anyone knowing."Nike products for sale at nordstromrack.com.Nordstrom RackRead the original article on Business Insider.....»»

Category: dealsSource: nytJan 16th, 2022

Teladoc (TDOC) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Teladoc (TDOC) closed at $79.57, marking a +1.36% move from the previous day. Teladoc (TDOC) closed the most recent trading day at $79.57, moving +1.36% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, lost 0.42%.Coming into today, shares of the telehealth services provider had lost 10.21% in the past month. In that same time, the Medical sector lost 4.1%, while the S&P 500 gained 0.22%.Teladoc will be looking to display strength as it nears its next earnings release. On that day, Teladoc is projected to report earnings of -$0.60 per share, which would represent a year-over-year decline of 122.22%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $545.34 million, up 42.27% from the year-ago period.Any recent changes to analyst estimates for Teladoc should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 3.92% lower. Teladoc is currently sporting a Zacks Rank of #3 (Hold).The Medical Services industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 206, which puts it in the bottom 20% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teladoc Health, Inc. (TDOC): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 14th, 2022

Funko-A (FNKO) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Funko-A (FNKO) closed at $17.80, marking a -1.39% move from the previous day. Funko-A (FNKO) closed at $17.80 in the latest trading session, marking a -1.39% move from the prior day. This change lagged the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.56%, and the tech-heavy Nasdaq lost 0.42%.Heading into today, shares of the company had gained 5.49% over the past month, outpacing the Consumer Discretionary sector's loss of 1.36% and the S&P 500's gain of 0.22% in that time.Investors will be hoping for strength from Funko-A as it approaches its next earnings release. On that day, Funko-A is projected to report earnings of $0.23 per share, which would represent a year-over-year decline of 20.69%. Meanwhile, our latest consensus estimate is calling for revenue of $274.34 million, up 21.12% from the prior-year quarter.Investors might also notice recent changes to analyst estimates for Funko-A. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.71% higher within the past month. Funko-A is holding a Zacks Rank of #2 (Buy) right now.Looking at its valuation, Funko-A is holding a Forward P/E ratio of 13.05. For comparison, its industry has an average Forward P/E of 15.49, which means Funko-A is trading at a discount to the group.It is also worth noting that FNKO currently has a PEG ratio of 0.47. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Consumer Products - Discretionary was holding an average PEG ratio of 0.62 at yesterday's closing price.The Consumer Products - Discretionary industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 96, putting it in the top 38% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Funko, Inc. (FNKO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 14th, 2022

Intuitive Surgical, Inc. (ISRG) Stock Sinks As Market Gains: What You Should Know

Intuitive Surgical, Inc. (ISRG) closed at $307.74 in the latest trading session, marking a -1.75% move from the prior day. Intuitive Surgical, Inc. (ISRG) closed the most recent trading day at $307.74, moving -1.75% from the previous trading session. This change lagged the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, lost 0.28%.Prior to today's trading, shares of the company had lost 6.37% over the past month. This has lagged the Medical sector's loss of 4.1% and the S&P 500's gain of 0.22% in that time.Wall Street will be looking for positivity from Intuitive Surgical, Inc. as it approaches its next earnings report date. This is expected to be January 20, 2022. In that report, analysts expect Intuitive Surgical, Inc. to post earnings of $1.28 per share. This would mark year-over-year growth of 7.56%. Our most recent consensus estimate is calling for quarterly revenue of $1.53 billion, up 14.89% from the year-ago period.Investors might also notice recent changes to analyst estimates for Intuitive Surgical, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.22% higher within the past month. Intuitive Surgical, Inc. currently has a Zacks Rank of #2 (Buy).Valuation is also important, so investors should note that Intuitive Surgical, Inc. has a Forward P/E ratio of 56.9 right now. This valuation marks a premium compared to its industry's average Forward P/E of 44.02.It is also worth noting that ISRG currently has a PEG ratio of 5.69. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. ISRG's industry had an average PEG ratio of 2.52 as of yesterday's close.The Medical - Instruments industry is part of the Medical sector. This group has a Zacks Industry Rank of 168, putting it in the bottom 35% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow ISRG in the coming trading sessions, be sure to utilize Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intuitive Surgical, Inc. (ISRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 14th, 2022

Harmonic (HLIT) Outpaces Stock Market Gains: What You Should Know

Harmonic (HLIT) closed at $11.44 in the latest trading session, marking a +0.79% move from the prior day. Harmonic (HLIT) closed at $11.44 in the latest trading session, marking a +0.79% move from the prior day. This move outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.56%, while the tech-heavy Nasdaq lost 0.28%.Coming into today, shares of the video services provider had gained 5% in the past month. In that same time, the Computer and Technology sector lost 5.11%, while the S&P 500 gained 0.22%.Harmonic will be looking to display strength as it nears its next earnings release. In that report, analysts expect Harmonic to post earnings of $0.14 per share. This would mark a year-over-year decline of 30%. Meanwhile, our latest consensus estimate is calling for revenue of $151.93 million, up 15.51% from the prior-year quarter.Any recent changes to analyst estimates for Harmonic should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Harmonic is holding a Zacks Rank of #3 (Hold) right now.Investors should also note Harmonic's current valuation metrics, including its Forward P/E ratio of 22.25. This represents a premium compared to its industry's average Forward P/E of 20.29.Investors should also note that HLIT has a PEG ratio of 1.48 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. HLIT's industry had an average PEG ratio of 1.48 as of yesterday's close.The Communication - Components industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 168, which puts it in the bottom 35% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Harmonic Inc. (HLIT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 14th, 2022

Fastly (FSLY) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Fastly (FSLY) closed at $31.22, marking a -0.64% move from the previous day. In the latest trading session, Fastly (FSLY) closed at $31.22, marking a -0.64% move from the previous day. This move lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.56%, while the tech-heavy Nasdaq lost 0.42%.Prior to today's trading, shares of the cloud software developer had lost 18.79% over the past month. This has lagged the Computer and Technology sector's loss of 5.11% and the S&P 500's gain of 0.22% in that time.Wall Street will be looking for positivity from Fastly as it approaches its next earnings report date. The company is expected to report EPS of -$0.16, down 77.78% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $93.33 million, up 12.92% from the year-ago period.Any recent changes to analyst estimates for Fastly should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.91% higher. Fastly is holding a Zacks Rank of #2 (Buy) right now.The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 176, which puts it in the bottom 31% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fastly, Inc. (FSLY): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 14th, 2022

Amyris, Inc. (AMRS) Flat As Market Gains: What You Should Know

Amyris, Inc. (AMRS) closed at $4.99 in the latest trading session, marking no change from the prior day. Amyris, Inc. (AMRS) closed the most recent trading day at $4.99, making no change from the previous trading session. This move lagged the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.56%, and the tech-heavy Nasdaq lost 0.42%.Prior to today's trading, shares of the company had lost 0.2% over the past month. This has lagged the Basic Materials sector's gain of 7.48% and the S&P 500's gain of 0.22% in that time.Amyris, Inc. will be looking to display strength as it nears its next earnings release. In that report, analysts expect Amyris, Inc. to post earnings of -$0.20 per share. This would mark year-over-year growth of 54.55%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $61.73 million, down 22.59% from the year-ago period.Investors might also notice recent changes to analyst estimates for Amyris, Inc.Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Amyris, Inc. is holding a Zacks Rank of #2 (Buy) right now.The Chemical - Specialty industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 174, putting it in the bottom 32% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amyris, Inc. (AMRS): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 14th, 2022

CubeSmart (CUBE) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, CubeSmart (CUBE) closed at $51.08, marking a -1.94% move from the previous day. CubeSmart (CUBE) closed the most recent trading day at $51.08, moving -1.94% from the previous trading session. This change lagged the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, lost 0.42%.Coming into today, shares of the self-storage company had lost 4.46% in the past month. In that same time, the Finance sector gained 5.73%, while the S&P 500 gained 0.22%.Investors will be hoping for strength from CubeSmart as it approaches its next earnings release. In that report, analysts expect CubeSmart to post earnings of $0.56 per share. This would mark year-over-year growth of 19.15%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $224.18 million, up 25.39% from the year-ago period.Investors might also notice recent changes to analyst estimates for CubeSmart. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. CubeSmart is currently sporting a Zacks Rank of #1 (Strong Buy).Looking at its valuation, CubeSmart is holding a Forward P/E ratio of 21.68. For comparison, its industry has an average Forward P/E of 15.58, which means CubeSmart is trading at a premium to the group.Meanwhile, CUBE's PEG ratio is currently 1.94. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The REIT and Equity Trust - Other was holding an average PEG ratio of 2.77 at yesterday's closing price.The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 104, putting it in the top 41% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow CUBE in the coming trading sessions, be sure to utilize Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CubeSmart (CUBE): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 14th, 2022

MPLX LP (MPLX) Outpaces Stock Market Gains: What You Should Know

MPLX LP (MPLX) closed at $31.51 in the latest trading session, marking a +0.41% move from the prior day. MPLX LP (MPLX) closed the most recent trading day at $31.51, moving +0.41% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.56%, while the tech-heavy Nasdaq lost 0.42%.Coming into today, shares of the company had gained 9.11% in the past month. In that same time, the Oils-Energy sector gained 10.22%, while the S&P 500 gained 0.22%.Investors will be hoping for strength from MPLX LP as it approaches its next earnings release, which is expected to be February 2, 2022. In that report, analysts expect MPLX LP to post earnings of $0.74 per share. This would mark year-over-year growth of 17.46%. Our most recent consensus estimate is calling for quarterly revenue of $2.31 billion, up 2.59% from the year-ago period.It is also important to note the recent changes to analyst estimates for MPLX LP. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.06% higher. MPLX LP currently has a Zacks Rank of #2 (Buy).Digging into valuation, MPLX LP currently has a Forward P/E ratio of 10.08. Its industry sports an average Forward P/E of 12.8, so we one might conclude that MPLX LP is trading at a discount comparatively.The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 86, which puts it in the top 34% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MPLX LP (MPLX): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 14th, 2022

Materialise (MTLS) Outpaces Stock Market Gains: What You Should Know

Materialise (MTLS) closed the most recent trading day at $20.70, moving +0.68% from the previous trading session. Materialise (MTLS) closed the most recent trading day at $20.70, moving +0.68% from the previous trading session. This change outpaced the S&P 500's 0.08% gain on the day. Elsewhere, the Dow lost 0.56%, while the tech-heavy Nasdaq lost 0.42%.Coming into today, shares of the 3D printing software and medical and industrial products company had lost 8.78% in the past month. In that same time, the Computer and Technology sector lost 5.11%, while the S&P 500 gained 0.22%.Wall Street will be looking for positivity from Materialise as it approaches its next earnings report date. The company is expected to report EPS of $0.06, up 50% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $60.92 million, up 9.58% from the year-ago period.Any recent changes to analyst estimates for Materialise should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Materialise is currently sporting a Zacks Rank of #3 (Hold).Looking at its valuation, Materialise is holding a Forward P/E ratio of 88.11. This represents a premium compared to its industry's average Forward P/E of 54.25.The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 176, which puts it in the bottom 31% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow MTLS in the coming trading sessions, be sure to utilize Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Materialise NV (MTLS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 14th, 2022

Epam (EPAM) Outpaces Stock Market Gains: What You Should Know

Epam (EPAM) closed the most recent trading day at $543.06, moving +0.45% from the previous trading session. Epam (EPAM) closed the most recent trading day at $543.06, moving +0.45% from the previous trading session. This change outpaced the S&P 500's 0.08% gain on the day. Elsewhere, the Dow lost 0.56%, while the tech-heavy Nasdaq lost 0.42%.Coming into today, shares of the information technology services provider had lost 14.96% in the past month. In that same time, the Computer and Technology sector lost 5.11%, while the S&P 500 gained 0.22%.Wall Street will be looking for positivity from Epam as it approaches its next earnings report date. The company is expected to report EPS of $2.50, up 38.12% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.08 billion, up 49.88% from the year-ago period.Any recent changes to analyst estimates for Epam should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Epam is currently sporting a Zacks Rank of #3 (Hold).Looking at its valuation, Epam is holding a Forward P/E ratio of 48.37. This represents a premium compared to its industry's average Forward P/E of 30.26.It is also worth noting that EPAM currently has a PEG ratio of 1.73. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. EPAM's industry had an average PEG ratio of 1.46 as of yesterday's close.The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 106, putting it in the top 42% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EPAM Systems, Inc. (EPAM): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 14th, 2022

Edwards Lifesciences (EW) Stock Sinks As Market Gains: What You Should Know

Edwards Lifesciences (EW) closed at $118.26 in the latest trading session, marking a -1.83% move from the prior day. Edwards Lifesciences (EW) closed the most recent trading day at $118.26, moving -1.83% from the previous trading session. This change lagged the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, lost 0.42%.Coming into today, shares of the medical device maker had gained 0.74% in the past month. In that same time, the Medical sector lost 4.1%, while the S&P 500 gained 0.22%.Investors will be hoping for strength from Edwards Lifesciences as it approaches its next earnings release. In that report, analysts expect Edwards Lifesciences to post earnings of $0.54 per share. This would mark year-over-year growth of 8%. Our most recent consensus estimate is calling for quarterly revenue of $1.35 billion, up 12.96% from the year-ago period.It is also important to note the recent changes to analyst estimates for Edwards Lifesciences. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.14% higher. Edwards Lifesciences is holding a Zacks Rank of #3 (Hold) right now.Digging into valuation, Edwards Lifesciences currently has a Forward P/E ratio of 47.53. This represents a premium compared to its industry's average Forward P/E of 44.02.Meanwhile, EW's PEG ratio is currently 3.39. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Medical - Instruments was holding an average PEG ratio of 2.52 at yesterday's closing price.The Medical - Instruments industry is part of the Medical sector. This group has a Zacks Industry Rank of 168, putting it in the bottom 35% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Edwards Lifesciences Corporation (EW): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 14th, 2022

First Solar (FSLR) Outpaces Stock Market Gains: What You Should Know

First Solar (FSLR) closed at $83.02 in the latest trading session, marking a +0.29% move from the prior day. First Solar (FSLR) closed the most recent trading day at $83.02, moving +0.29% from the previous trading session. This change outpaced the S&P 500's 0.08% gain on the day. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, lost 0.42%.Coming into today, shares of the largest U.S. solar company had lost 9.23% in the past month. In that same time, the Oils-Energy sector gained 10.22%, while the S&P 500 gained 0.22%.Wall Street will be looking for positivity from First Solar as it approaches its next earnings report date. In that report, analysts expect First Solar to post earnings of $1.07 per share. This would mark a year-over-year decline of 0.93%. Meanwhile, our latest consensus estimate is calling for revenue of $906.43 million, up 48.78% from the prior-year quarter.Investors might also notice recent changes to analyst estimates for First Solar. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.35% lower. First Solar currently has a Zacks Rank of #3 (Hold).Digging into valuation, First Solar currently has a Forward P/E ratio of 39.65. For comparison, its industry has an average Forward P/E of 39.13, which means First Solar is trading at a premium to the group.We can also see that FSLR currently has a PEG ratio of 3.67. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Solar stocks are, on average, holding a PEG ratio of 1.88 based on yesterday's closing prices.The Solar industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 189, which puts it in the bottom 26% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Solar, Inc. (FSLR): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 14th, 2022

Is Inflation Burning a Hole in Pocket? Bet on Top-Ranked Cheap ETFs

Let's take a look at some top-ranked ETFs with relatively lower expense ratios that can be considered amid the highly inflationary environment. High inflation levels continue to be a serious concern for Americans. Once again, the release of the latest inflation data reports demonstrates the metrics’ touching of record-high levels. It seems like the Federal Reserve is prepared to deal with the high inflation levels this year and will make efforts to bring them to the target range.The December producer price index increased 9.7% year over year by the recently released reports, coming in at the highest level on record since 2010. Meanwhile, the metric was up 0.2% over the prior month, better than the Dow Jones estimate of 0.4% .Per the latest Labor Department report, the Consumer Price Index (CPI) in December rose 7% year over year, on par with the Dow Jones estimate, per a CNBC article. The metric came in at the highest level since June 1982 and covers a basket of products, ranging from gasoline and health care to groceries and rents. It also increased 0.5% for the month, surpassing the 0.4% Dow Jones estimate. The soaring food, shelter and used vehicle prices might be primarily responsible for the higher inflation levels.Excluding food and energy prices, the core CPI was up 0.6%, worse than the estimate of 0.5%. Annual core inflation also increased at a 5.5% pace, in comparison with the 5.4% expectation and came in at the highest level since February 1991 (per a CNBC article).Notably, the hot inflation data has compelled investors to look for alternative investment options that may fare better than cash or bonds in an inflationary environment. Moreover, certain companies with compromised pricing power may take a severe hit amid inflation and future earnings may also look less attractive amid high inflation levels.Also, paying high prices for goods is slowly burning a hole in consumers' pockets. Against this backdrop, let’s take a look at some top-ranked ETFs with relatively lower expense ratios that can be considered:JPMorgan BetaBuilders U.S. Equity ETF BBUSInvestors have been upbeat about the accelerated coronavirus vaccine rollout, solid fiscal stimulus support and reopening of the U.S. economy, which may lead to faster U.S. economic recovery from the pandemic-led economic slowdown. Market participants are also seemingly coming in terms with the higher chances of a Fed rate hike in 2022 and seem like having pricing in the phenomenon. Moreover, the emergency use authorization (EUA) for Pfizer Inc.’s (PFE) antiviral COVID-19 pill, PAXLOVID, has relaxed concerns regarding Omicron to some extent. According to the verified sources, Pfizer might introduce the Omicron vaccine in March while Moderna is working on a booster that targets the variant.JPMorgan BetaBuilders U.S. Equity ETF provides simple, affordable access to U.S. large and mid-cap equities. With AUM of $945.8 million, BBUS charges a very nominal fee of 0.02%. JPMorgan BetaBuilders U.S. Equity ETF carries a Zacks ETF Rank #2 (Buy) (read: A Quick Guide to the 25 Cheapest ETFs).SPDR Portfolio S&P 500 ETF SPLGThe SPDR Portfolio S&P 500 ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Index. SPLG has AUM of $13.67 billion and an expense ratio of 0.03%. The SPDR Portfolio S&P 500 ETF sports a Zacks ETF Rank #2.Vanguard MidCap ETF VOConsidering the mixed sentiments, mid-cap funds are gaining attention as they provide both growth and stability compared to their small-cap and large-cap counterparts. As such, investors seeking to capitalize on the strong fundamentals but worried about uncertainty should consider mid-cap ETFs.Vanguard Mid-Cap ETF seeks to track the performance of the CRSP US Mid Cap Index, which measures the investment return of mid-capitalization stocks. VO has AUM of $56.39 billion. Vanguard Mid-Cap ETF charges a fee of 4 basis points (bps). Vanguard MidCap ETF sports a Zacks ETF Rank #2.SPDR Portfolio S&P 500 Value ETF SPYVIt is worth noting here that value investing seems more lucrative, given the rebounding U.S. economy, the expectation of higher inflation and chances of Fed interest rate hikes. Moreover, value stocks seek to capitalize on market inefficiencies. They can deliver higher returns with lower volatility than their growth and blend counterparts. Additionally, value stocks are less exposed to trending markets and their dividend payouts offer a shield against market turbulence.SPDR Portfolio S&P 500 Value ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Value Index. With AUM of $13.46 billion, it charges 4 bps in expense ratio. SPDR Portfolio S&P 500 Value ETF carries a Zacks Rank #1 (Strong Buy).Schwab U.S. LargeCap Value ETF SCHVSchwab U.S. Large-Cap Value ETF’s goal is to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index. With AUM of $10.68 billion, it charges 4 bps in expense ratio. Schwab U.S. Large-Cap Value ETF has a Zacks Rank #1 (read: ETF Strategies to Profit From a Historically Weak September). Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.Get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Schwab U.S. LargeCap Value ETF (SCHV): ETF Research Reports SPDR Portfolio S&P 500 Value ETF (SPYV): ETF Research Reports Vanguard MidCap ETF (VO): ETF Research Reports SPDR Portfolio S&P 500 ETF (SPLG): ETF Research Reports JPMorgan BetaBuilders U.S. Equity ETF (BBUS): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 14th, 2022

5 Defensive ETF Bets for Dealing With Fed Rate Hike Woes

Let's look at some safe ETF plays that investors can consider keeping in mind the rising concerns emanating from the high inflation levels and high chances of a Fed rate hike. Wall Street has been volatile since the beginning of 2022 as 10-year Treasury yields rose. The Federal Reserve has also hinted to take aggressive measures to manage rising inflation levels. It is expected to begin raising its benchmark interest rate in March. In fact, Goldman Sachs is expecting the Federal Reserve to increase interest rates four times this year, according to a CNBC article.There are certain other factors that are clouding the U.S. investment market. Investors are waiting for the fourth-quarter earnings results and the outlook to be presented by corporate America for 2022. Moreover, certain economic data releases like retail sales, industrial production, and U.S. consumer sentiment data may put further light on the U.S. economic recovery.Against this backdrop, let’s take a look at some defensive ETF options that investors can consider likeVanguard Dividend Appreciation ETF (VIG), Invesco S&P 500 Low Volatility ETF (SPLV), iShares MSCI USA Quality Factor ETF (QUAL), SPDR S&P MIDCAP 400 ETF Trust (MDY)and Vanguard Consumer Staples ETF (VDC).According to UBS strategists led by senior economist Brian Rose “We expect the US 10-year yield to move ... to around 2% over the coming months, as investors digest the Fed’s more hawkish stance along with further elevated inflation readings. That said, we don’t expect a sharp rise in yields that will imperil the equity rally. Year-over-year inflation is still likely to peak in the first quarter and recede over the year,” as mentioned in a CNBC article.Defensive ETFs in FocusGiven the current market conditions,we have highlighted some ETFs like:Vanguard Dividend Appreciation ETF VIGDividend aristocrats are blue-chip dividend-paying companies with a long history of increasing dividend payments year over year. Moreover, dividend aristocrat funds provide investors with dividend growth opportunities compared to other products in the space but might not necessarily have the highest yields. These products also form a strong portfolio, with a higher scope of capital appreciation as against simple dividend-paying stocks or those with high yields. As a result, these products deliver a nice combination of annual dividend growth and capital-appreciation opportunity and are mostly good for risk-averse long-term investors.Vanguard Dividend Appreciation ETF is the largest and the most popular ETF in the dividend space, with AUM of $68.05 billion. VIG follows the S&P U.S. Dividend Growers Index. Vanguard Dividend Appreciation ETF charges 6 basis points (bps) in annual fees (read: 5 Top-Ranked ETFs to Add to Your Portfolio for 2022).Invesco S&P 500 Low Volatility ETF SPLVDemand for funds with “low volatility” or “minimum volatility” generally increases during tumultuous times. These seemingly-safe products usually do not surge in bull market conditions but offer more protection than the unpredictable ones. These funds are less cyclical, providing more stable cash flow than the overall market.Invesco S&P 500 Low Volatility ETF provides exposure to stocks with the lowest realized volatility over the past 12 months. The fund is based on the S&P 500 Low Volatility Index and holds 102 securities in its basket. Invesco S&P 500 Low Volatility ETF hasAUM of $9.61 billion and charges an expense ratio of 25 bps, as stated in the prospectus (read: Here's Why it Makes Sense to Invest in Low-Volatility ETFs Now).iShares MSCI USA Quality Factor ETF QUALQuality stocks are rich in value characteristics with a healthy balance sheet, high return on capital, low volatility and high margins. These stocks also have a track record of stable or increasing sales and earnings growth. Compared to plain vanilla funds, these products help lower volatility and perform better during market uncertainty. Further, academic research has proven that high-quality companies constantly provide better risk-adjusted returns than the broader market over the long term.iShares MSCI USA Quality Factor ETF provides exposure to the large- and mid-cap stocks exhibiting positive fundamentals (high return on equity, stable year-over-year earnings growth and low financial leverage) by tracking the MSCI USA Sector Neutral Quality Index. With AUM of $24.23 billion, QUAL charges 0.15% in fees (read: Quality ETFs Appear Attractive as Fed Rate Hike Nears).SPDR S&P MIDCAP 400 ETF Trust MDYConsidering the mixed sentiments, mid-cap funds are gaining attention as they provide both growth and stability compared to their small-cap and large-cap counterparts. As such, investors seeking to capitalize on the strong fundamentals but worried about uncertainty should consider mid-cap ETFs.SPDR S&P MIDCAP 400 ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P MidCap 400 Index. MDY has AUM of $21.65 billion. SPDR S&P MIDCAP 400 ETF Trust charges a fee of 23 bps (see: all the Mid Cap ETFs here).Vanguard Consumer Staples ETF VDCThe consumer staples sector is known for its non-cyclical nature and acts as a safe haven during unstable market conditions. Moreover, like utility, consumer staples is considered a stable sector for the long term as its players are likely to offer decent returns. During an economic recession, investors can consider parking their money in the non-cyclical consumer staples sector. This high-quality sector, which is largely defensive, has been found to have a low correlation factor with economic cycles.Vanguard Consumer Staples ETF seeks to track the performance of the MSCI US Investable Market Consumer Staples 25/50 Index. With AUM of $6.66 billion, VDC has an expense ratio of 10 bps. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.Get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vanguard Dividend Appreciation ETF (VIG): ETF Research Reports SPDR S&P MidCap 400 ETF (MDY): ETF Research Reports iShares MSCI USA Quality Factor ETF (QUAL): ETF Research Reports Vanguard Consumer Staples ETF (VDC): ETF Research Reports Invesco S&P 500 Low Volatility ETF (SPLV): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 14th, 2022

Netflix raised the prices on its streaming plans to help pay for its new movies and shows

The basic plan now costs $9.99, while the 4K premium service costs $19.99 in the US. Canadian plans saw similar increases as well. Netflix.SOPA Images/Getty Images. Netflix has increased the price of its streaming plans by $1, $1.50, and $2. The company said it is raising revenue to pay for more original content. Shares of Netflix jumped 3% following the news, and the company reports earnings on Thursday. It just got a little more expensive to Netflix and chill.The on-demand video giant has raised the price of its three streaming plans by $1, $1.50, and $2 for subscribers in the US and Canada.Now, a Basic plan costs $9.99, the Standard plan costs $15.49, and the Premium plan (which includes 4K) costs $19.99. All plans still all include unlimited TV shows, movies, and mobile games.DVD rental plans are still available separately starting at $9.99 per month."We understand people have more entertainment choices than ever and we're committed to delivering an even better experience for our members," a Netflix spokesperson told Reuters."We're updating our prices so that we can continue to offer a wide variety of quality entertainment options. As always we offer a range of plans so members can pick a price that works for their budget," the spokesperson added.Shares of Netflix jumped 3% on the news softening an otherwise rough week for the stock.The company will report its latest subscriber numbers in its next earnings release on Thursday.Thomson Reuters analysts estimate Netflix added 8.5 million new sign-ups in the fourth quarter, bringing its global subscriber base to 222 million.Read the original article on Business Insider.....»»

Category: personnelSource: nytJan 14th, 2022

US stocks whiplashed as banks drop on earnings results and bond yields surge

US retail sales dropped 1.9% in December amid the Omicron surge and rising inflation, well below economists' expectations for a decline of only 0.1%. Traders have been cheered by earnings but are still concerned about inflation.Brendan McDermid/ReutersUS stocks experienced a volatile trading session on Friday as bond yields surged and banks reported earnings results.A big miss in December retail sales initially sent the Nasdaq lower before recovering.US retail sales dropped 1.9% in December from the prior month, while economists expected a drop of only 0.1%.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.December retail sales data, a surge in bond yields, and earnings results from banks sent mixed messages to investors and led to a choppy day of trades on Friday.US retail sales dropped 1.9% in December from the prior month, well below economists' expectations for a decline of only 0.1%. The weak results follow November's print of a 0.2% gain in sales. The weak sales last month came amid the Omicron surge, rising inflation, and an earlier-than-usual holiday shopping season due to logistical concerns.Meanwhile, the 10-Year US Treasury yield surged from 1.70% to 1.78% on Friday, but tech stocks that have typically been hurt by a rise in yields led the market higher throughout the day.Here's where US indexes stood at the 4:00 p.m. ET close on Friday:S&P 500: 4,662.82, up 0.08% Dow Jones Industrial Average: 35,911.35, down 0.56% (202.27 points)Nasdaq Composite: 14,893.75, up 0.59% Banks kicked off earnings season on Friday, resulting in a 6% and 2% stock price drops for JPMorgan, and Citigroup, respectively. Wells Fargo bucked the trend and jumped 3% on Friday after it reported better-than-expected earnings results. The Supreme Court's decision to strike down President Biden's vaccine mandate for private employers led to a continued decline in COVID-19 vaccine makers Moderna and Novavax.The bad news keeps rolling in for Peloton, which fell 4% on Friday after it was kicked out of the Nasdaq 100 Index just one year after its inclusion. The connected-fitness company has seen its stock fall 81% from its record high.Dogecoin prices surged about 11% on Friday after Tesla CEO Elon Musk said the electric vehicle manufacturer would accept the meme-inspired cryptocurrency as a form of payment for certain merchandise.Rio de Janeiro's mayor is following the lead of Miami's bitcoin-loving Francisco Suarez and will invest 1% of the city's reserves in the cryptocurrency.West Texas Intermediate crude oil rose as much as 2.56% to $84.22 per barrel. Brent crude, oil's international benchmark, jumped as much as 2.33% to $86.44 per barrel.Gold fell as much as 0.25% to $1,816.80 per ounce. The yield on the 10-year Treasury rose 8 basis points to 1.78%.Read the original article on Business Insider.....»»

Category: personnelSource: nytJan 14th, 2022

Huntington Bancshares (HBAN) Earnings Expected to Grow: Should You Buy?

Huntington Bancshares (HBAN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Huntington Bancshares (HBAN) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2021. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 21, 2022, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.Zacks Consensus EstimateThis regional bank holding company is expected to post quarterly earnings of $0.37 per share in its upcoming report, which represents a year-over-year change of +37%.Revenues are expected to be $1.69 billion, up 36.4% from the year-ago quarter.Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.78% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.Price, Consensus and EPS SurpriseEarnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).How Have the Numbers Shaped Up for Huntington Bancshares?For Huntington Bancshares, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.46%.On the other hand, the stock currently carries a Zacks Rank of #3.So, this combination indicates that Huntington Bancshares will most likely beat the consensus EPS estimate.Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.For the last reported quarter, it was expected that Huntington Bancshares would post earnings of $0.36 per share when it actually produced earnings of $0.35, delivering a surprise of -2.78%.Over the last four quarters, the company has beaten consensus EPS estimates two times.Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.Huntington Bancshares appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Huntington Bancshares Incorporated (HBAN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 14th, 2022

First Hawaiian (FHB) Expected to Beat Earnings Estimates: Should You Buy?

First Hawaiian (FHB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Wall Street expects a year-over-year decline in earnings on lower revenues when First Hawaiian (FHB) reports results for the quarter ended December 2021. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 21. On the other hand, if they miss, the stock may move lower.While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.Zacks Consensus EstimateThis bank holding company is expected to post quarterly earnings of $0.47 per share in its upcoming report, which represents a year-over-year change of -6%.Revenues are expected to be $181.21 million, down 4% from the year-ago quarter.Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.Price, Consensus and EPS SurpriseEarnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).How Have the Numbers Shaped Up for First Hawaiian?For First Hawaiian, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +5.38%.On the other hand, the stock currently carries a Zacks Rank of #2.So, this combination indicates that First Hawaiian will most likely beat the consensus EPS estimate.Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.For the last reported quarter, it was expected that First Hawaiian would post earnings of $0.48 per share when it actually produced earnings of $0.51, delivering a surprise of +6.25%.Over the last four quarters, the company has beaten consensus EPS estimates three times.Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.First Hawaiian appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Hawaiian, Inc. (FHB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 14th, 2022

Goldman Partners To Be Rewarded With Millions In One-Time Bonuses

Goldman Partners To Be Rewarded With Millions In One-Time Bonuses With JPMorgan stock sliding after Wall Street freaked out over the bank's forecast of sharply higher compensation, here comes Goldman with today's "hold my beer" moment. According to Bloomberg, in an attempt to preempt defections of some of its top producers, Goldman is set to reward the "top 1%" at the bank with a special one-time bonus in addition to annual bonuses, in recognition of the bank's "roaring success" through the pandemic, a pandemic which we have said from the very beginning has successfully made the ultra rich even richer.  The unusual payments to partners - the ~400 bankers who fill out the investment bank’s highest rung - will add millions of dollars to many compensation packages, according to Bloomberg sources. The one-time payment is in addition to the larger regular bonus payouts that range from a few million dollars to multiples of that after a year of record earnings. Goldman’s management, under pressure to fend off increasingly aggressive poaching on Wall Street (from other banks which paradoxically are also complaining about higher pay), views the extra boosts as a creative solution that will come with a warning: Recipients shouldn’t mistake the bumps as part of a new pay floor, according to Bloomberg which notes that when compensation is set next year, managers will ignore the one-time payouts when making comparisons. Of course, if 2022 proves to be another extremely volatile year - and it most likely will be thanks to the upcoming Fed rate hikes and balance sheet drawdown - Goldman is looking at another blockbuster year for sales and trading (and/or another bailout)... and most likely another "one-time" bonus payment. Goldman's unprecedented remuneration comes as bosses across Wall Street are "sweetening" payouts this year after showing restraint in the first half of a two-year trading and dealmaking boom unleashed by the pandemic. At the end of 2020, they were wary of appearing extravagant amid Covid-19 outbreaks and uncertain the boom will last and amid public outcry over pay. But now, seemingly unconcerned about higher pay in a time of surging wages for everyone, they are feeling the pressure to open up their wallets to keep top producers happy and prevent them from jumping ship. Perhaps the biggest irony of this aggressive boost to compensation is that it comes just days after Goldman's economists wrote that there is "little sign of a wage-price spiral" a report that was so silly, we didn't even bother covering it on this website. Maybe Goldman meant for everyone else, except for Goldman. Tyler Durden Fri, 01/14/2022 - 16:40.....»»

Category: blogSource: zerohedgeJan 14th, 2022