Thursday, February 28, 2019

Hot High Tech Stocks To Buy For 2019

tags:MTCH,SZKMY,QGEN,VRTU,JOUT,GRX,

Group 1 Automotive, Inc. (NYSE:GPI) insider Daryl Kenningham sold 2,700 shares of the stock in a transaction that occurred on Thursday, August 9th. The shares were sold at an average price of $77.75, for a total transaction of $209,925.00. The transaction was disclosed in a filing with the SEC, which is available through this link.

Group 1 Automotive traded down $0.07, hitting $76.18, on Friday, according to MarketBeat. The company’s stock had a trading volume of 9,117 shares, compared to its average volume of 308,282. The company has a market cap of $1.56 billion, a PE ratio of 9.86 and a beta of 1.78. Group 1 Automotive, Inc. has a 12 month low of $51.62 and a 12 month high of $84.47. The company has a current ratio of 1.07, a quick ratio of 0.26 and a debt-to-equity ratio of 1.16.

Hot High Tech Stocks To Buy For 2019: Match Group, Inc.(MTCH)

Advisors' Opinion:
  • [By Harsh Chauhan]

    Shares of Match Group (NASDAQ:MTCH) are down this year after delivering impressive gains in 2016, as analysts fear the company's high-growth days might be coming to an end. The Tinder parent's top-line guidance of $1.26 billion to $1.31 billion for the year has raised a red flag, as Wall Street was looking for $1.41 billion in revenue.

  • [By Joe Tenebruso]

    People around the world are flocking to Tinder in search of love. They're also displaying an increasing willingness to pay more for the popular dating app's best features. In turn, Match Group (NASDAQ:MTCH) is enjoying accelerating revenue growth and a sharp rise in profits, as evidenced by the company's robust first-quarter financial report.

  • [By Joe Tenebruso]

    Match Group (NASDAQ:MTCH) reported fourth-quarter results on Feb. 6. The dating app company is enjoying solid growth in revenue and earnings, driven by the surging popularity of Tinder.

  • [By Rick Munarriz]

    Online dating has been a mixed blessing for relationship-seeking singles, but it's been a big winner for investors. Shares of China's Momo (NASDAQ:MOMO) have raced 79% so far this year, up a juicy 138% since the start of last year. Tinder parent Match Group (NASDAQ:MTCH) has fared even better, soaring 85% in 2018, more than tripling since the start of last year. 

  • [By Motley Fool Staff]

    In this segment from MarketFoolery, host Chris Hill and analysts David Kretzmann and Aaron Bush check out the latest results from Match Group (NASDAQ:MTCH). The company behind dating sites like OkCupid, PlentyOfFish and Tinder delivered some mighty pretty growth: revenue up 36%, subscriber counts up 27%, and margins grew as well. How is it making such progress in a business where succeeding too well for your customers means they'll leave you?

  • [By Motley Fool Staff]

    Stock No. 4: We're down to the M's. Match Group (NASDAQ:MTCH). Match.com. A lot of older people my age in our 50's or so, we grew up with that over the last 10 or 20 years. To me that's almost like the LinkedIn, but for dating. That's kind of the more corporate, professional world site, but many other people know and use Tinder, which is maybe for a younger generation. I'm sure it's used by people of all ages. Never by me, as a happily married man.

Hot High Tech Stocks To Buy For 2019: Suzuki Motor Corporation (SZKMY)

Advisors' Opinion:
  • [By Logan Wallace]

    Get a free copy of the Zacks research report on SUZUKI MTR CORP/ADR (SZKMY)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By ]

    Suzuki Motor Corp. [TYO: 7269] (OTCPK:SZKMY) (OTCPK:SZKMF)

    On September 7 The Times of India reported: "Suzuki to start testing electric vehicle prototypes in India. Suzuki would launch EVs in India around 2020 in cooperation."

Hot High Tech Stocks To Buy For 2019: Qiagen N.V.(QGEN)

Advisors' Opinion:
  • [By Shane Hupp]

    WARNING: “Qiagen (QGEN) Releases FY19 Earnings Guidance” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this story can be accessed at https://www.tickerreport.com/banking-finance/4125869/qiagen-qgen-releases-fy19-earnings-guidance.html.

  • [By Joseph Griffin]

    Qiagen (NYSE: QGEN) is one of 91 publicly-traded companies in the “Biological products, except diagnostic” industry, but how does it weigh in compared to its peers? We will compare Qiagen to related companies based on the strength of its valuation, profitability, risk, dividends, analyst recommendations, institutional ownership and earnings.

  • [By Logan Wallace]

    Dynamic Technology Lab Private Ltd boosted its stake in Qiagen NV (NASDAQ:QGEN) by 100.5% in the first quarter, Holdings Channel reports. The firm owned 20,714 shares of the company’s stock after acquiring an additional 10,384 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Qiagen were worth $670,000 at the end of the most recent quarter.

  • [By Logan Wallace]

    News coverage about Qiagen (NASDAQ:QGEN) has trended somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Qiagen earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.9679840450792 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

  • [By Brian Orelli]

    Qiagen (NYSE:QGEN), the molecular testing and lab supply company, started the year off with growth at the low end of its yearly guidance, although the first-quarter sales number was in line with where management expected to start the year.

  • [By Joseph Griffin]

    ValuEngine upgraded shares of Qiagen (NYSE:QGEN) from a hold rating to a buy rating in a research report report published on Monday.

    A number of other equities research analysts have also recently commented on QGEN. DZ Bank reissued a neutral rating on shares of Qiagen in a report on Thursday, April 5th. Morgan Stanley decreased their price target on Qiagen from $39.00 to $37.00 and set an overweight rating on the stock in a report on Wednesday, April 11th. Deutsche Bank reissued a buy rating and set a $40.00 price target (up from $38.00) on shares of Qiagen in a report on Tuesday, April 24th. Commerzbank reissued a buy rating on shares of Qiagen in a report on Thursday, May 3rd. Finally, JPMorgan Chase & Co. reissued a neutral rating on shares of Qiagen in a report on Thursday, May 3rd. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $38.50.

Hot High Tech Stocks To Buy For 2019: Virtusa Corporation(VRTU)

Advisors' Opinion:
  • [By Lisa Levin]

    Virtusa Corporation (NASDAQ: VRTU) is projected to report quarterly earnings at $0.55 per share on revenue of $279.85 million.

    Kamada Ltd. (NASDAQ: KMDA) is expected to report quarterly earnings at $0.02 per share on revenue of $24.02 million.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Virtusa (VRTU)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Motley Fool Transcribers]

    Virtusa Corp  (NASDAQ:VRTU)Q3 2019 Earnings Conference CallFeb. 07, 2019, 5:00 p.m. ET

    Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

    Operator

  • [By Logan Wallace]

    Virtusa (NASDAQ:VRTU) had its target price lifted by equities research analysts at Wedbush from $60.00 to $70.00 in a research report issued to clients and investors on Friday. The brokerage currently has an “outperform” rating on the information technology services provider’s stock. Wedbush’s price target suggests a potential upside of 23.09% from the company’s current price.

Hot High Tech Stocks To Buy For 2019: Johnson Outdoors Inc.(JOUT)

Advisors' Opinion:
  • [By Motley Fool Transcribers]

    Johnson Outdoors Inc  (NASDAQ:JOUT)Q1 2019 Earnings Conference CallFeb. 04, 2019, 11:00 a.m. ET

    Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

    Operator

  • [By Lisa Levin] Companies Reporting Before The Bell Celgene Corporation (NASDAQ: CELG) is projected to report quarterly earnings at $1.96 per share on revenue of $3.46 billion. Aon plc (NYSE: AON) is expected to report quarterly earnings at $2.8 per share on revenue of $2.93 billion. American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) is estimated to report quarterly earnings at $0.81 per share on revenue of $1.75 billion. Alibaba Group Holding Limited (NYSE: BABA) is expected to report quarterly earnings at $0.88 per share on revenue of $9.27 billion. LifePoint Health, Inc. (NASDAQ: LPNT) is projected to report quarterly earnings at $1.13 per share on revenue of $1.62 billion. V.F. Corporation (NYSE: VFC) is estimated to report quarterly earnings at $0.65 per share on revenue of $2.90 billion. Newell Brands Inc. (NYSE: NWL) is expected to report quarterly earnings at $0.26 per share on revenue of $3.05 billion. Titan International, Inc. (NYSE: TWI) is projected to report quarterly earnings at $0.04 per share on revenue of $407.27 million. Boise Cascade Company (NYSE: BCC) is expected to report quarterly earnings at $0.45 per share on revenue of $1.09 billion. Cheniere Energy, Inc. (NYSE: LNG) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.59 billion. Cboe Global Markets, Inc. (NASDAQ: CBOE) is projected to report quarterly earnings at $1.24 per share on revenue of $308.05 million. ITT Inc. (NYSE: ITT) is estimated to report quarterly earnings at $0.73 per share on revenue of $683.96 million. Fred's, Inc. (NASDAQ: FRED) is expected to report quarterly loss at $0.19 per share on revenue of $551.00 million. Virtu Financial, Inc. (NASDAQ: VIRT) is projected to report quarterly earnings at $0.52 per share on revenue of $288.31 million. Cheniere Energy Partners, L.P. (NYSE: CQP) is expected to report quarterly earnings at $0.57 per share on revenue of $1.38 billion. Genesis Energy, L.P

Hot High Tech Stocks To Buy For 2019: The Gabelli Healthcare & Wellness Trust(GRX)

Advisors' Opinion:
  • [By Shane Hupp]

    GOLD Reward Token (CURRENCY:GRX) traded 2% higher against the US dollar during the twenty-four hour period ending at 12:00 PM ET on July 22nd. GOLD Reward Token has a market capitalization of $0.00 and $0.00 worth of GOLD Reward Token was traded on exchanges in the last 24 hours. One GOLD Reward Token token can now be bought for about $0.0041 or 0.00000055 BTC on cryptocurrency exchanges including Livecoin and CoinExchange. Over the last week, GOLD Reward Token has traded down 10.8% against the US dollar.

  • [By Max Byerly]

    Headlines about Gabelli Healthcare & WellnessRx Trust Closed-Ended Fund (NYSE:GRX) have been trending positive on Monday, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gabelli Healthcare & WellnessRx Trust Closed-Ended Fund earned a coverage optimism score of 0.38 on Accern’s scale. Accern also assigned news articles about the investment management company an impact score of 45.0228414962591 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

  • [By Logan Wallace]

    GOLD Reward Token (CURRENCY:GRX) traded 22.6% lower against the U.S. dollar during the twenty-four hour period ending at 15:00 PM Eastern on September 3rd. GOLD Reward Token has a total market cap of $0.00 and $6.00 worth of GOLD Reward Token was traded on exchanges in the last 24 hours. Over the last week, GOLD Reward Token has traded down 6.3% against the U.S. dollar. One GOLD Reward Token token can now be purchased for $0.0026 or 0.00000036 BTC on major exchanges including Livecoin and CoinExchange.

  • [By Stephan Byrd]

    GOLD Reward Token (CURRENCY:GRX) traded flat against the US dollar during the 24-hour period ending at 23:00 PM ET on June 25th. In the last seven days, GOLD Reward Token has traded 2.6% lower against the US dollar. One GOLD Reward Token token can now be bought for approximately $0.0050 or 0.00000080 BTC on popular cryptocurrency exchanges including Livecoin and CoinExchange. GOLD Reward Token has a market cap of $0.00 and $3.00 worth of GOLD Reward Token was traded on exchanges in the last 24 hours.

  • [By Stephan Byrd]

    GOLD Reward Token (CURRENCY:GRX) traded down 3% against the U.S. dollar during the 1 day period ending at 13:00 PM ET on July 1st. During the last week, GOLD Reward Token has traded flat against the U.S. dollar. One GOLD Reward Token token can currently be purchased for $0.0044 or 0.00000070 BTC on popular exchanges including CoinExchange and Livecoin. GOLD Reward Token has a total market capitalization of $0.00 and approximately $1.00 worth of GOLD Reward Token was traded on exchanges in the last 24 hours.

Monday, February 25, 2019

Emergent BioSolutions Inc (EBS) Files 10-K for the Fiscal Year Ended on December 31, 2018

Emergent BioSolutions Inc (NYSE:EBS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Emergent BioSolutions Inc is a biotechnology company operating in two divisions: biodefense and biosciences. The company focuses on countermeasures that address public health threats around hematology and oncology therapeutics. Emergent BioSolutions Inc has a market cap of $3.23 billion; its shares were traded at around $63.33 with a P/E ratio of 32.14 and P/S ratio of 4.59. Emergent BioSolutions Inc had annual average EBITDA growth of 11.30% over the past ten years.

For the last quarter Emergent BioSolutions Inc reported a revenue of $173.7 million, compared with the revenue of $149.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $782.4 million, an increase of 39.5% from last year. For the last five years Emergent BioSolutions Inc had an average revenue growth rate of 17.2% a year.

The reported diluted earnings per share was $1.22 for the year, a decline of 28.7% from the previous year. Over the last five years Emergent BioSolutions Inc had an EPS growth rate of 10.8% a year. The Emergent BioSolutions Inc had a decent operating margin of 11.48%, compared with the operating margin of 22.16% a year before. The 10-year historical median operating margin of Emergent BioSolutions Inc is 19.35%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Emergent BioSolutions Inc has the cash and cash equivalents of $112.2 million, compared with $178.3 million in the previous year. The long term debt was $784.5 million, compared with $13.5 million in the previous year. The interest coverage to the debt is 9.1. Emergent BioSolutions Inc has a financial strength rank of 9 (out of 10).

At the current stock price of $63.33, Emergent BioSolutions Inc is traded at 82.9% premium to its historical median P/S valuation band of $34.63. The P/S ratio of the stock is 4.59, while the historical median P/S ratio is 2.50. The stock gained 28.22% during the past 12 months.

For the complete 20-year historical financial data of EBS, click here.

Saturday, February 23, 2019

This Top Marijuana Stock Will Head to the NYSE Next Week

The marijuana industry is transforming rapidly before our eyes. What had once been an overlooked and taboo industry that had a very uncertain future is now expected to generate close to $17 billion in legal sales in 2019. Leading the charge for this rapid growth is North America.

To our north, Canada became the first industrialized country to legalize recreational pot in October, while to our south, Mexico gave the green light to medical marijuana in June 2017 (and is strongly considering adult-use legalization this year). Meanwhile, in the U.S., two-thirds of all states have legalized medical cannabis, with 10 of these states also allowing adult consumption.

The facade of the New York Stock Exchange draped in a large American flag, with the Wall St. street sign in the foreground.

Image source: Getty Images.

Eight pot stocks now trade on the NYSE or Nasdaq...

However, legalizations aren't the only means of transformation that we've witnessed. We're also seeing a steady uptick in the number of marijuana stocks uplisting from the over-the-counter (OTC) exchange to reputable U.S. exchanges, such as the New York Stock Exchange (NYSE) or Nasdaq.

For uplisting stocks, there are multiple reasons to make the move. For starters, there's the added validity of having their common stock listed next to other time-tested and often profitable businesses. As noted, the cannabis industry is legal in Canada, and it's going to be around for a long time to come. But moving to the NYSE or Nasdaq further validates the marijuana industry as a legitimate business model that's open to serious investment.

Moving to the NYSE or Nasdaq also rolls out the red carpet for Wall Street, which isn't always allowed to invest in or institute coverage on companies listed on the OTC exchange. By moving to the NYSE or Nasdaq, pot stocks are giving the all-clear to Wall Street firms that they're open for investment and/or coverage. It might also mean even easier access to nondilutive forms of financing.

To add to this point, listing on the NYSE or Nasdaq also means increased visibility and the likelihood of higher average daily trading volume. This should mean more liquidity and less intraday volatility.

To date, more than a half dozen marijuana stocks have made the move, with Innovative Industrial Properties and Tilray going the initial public offering route on their respective exchanges, Cronos Group and Village Farms International uplisting to the Nasdaq, and Canopy Growth, Aurora Cannabis, Aphria, and HEXO choosing the NYSE.

An indoor hydroponic cannabis grow farm.

Image source: Getty Images.

...and it's about to be nine

Well, it's time to make room once again, because this coming Monday, Feb. 25, another top-tier marijuana stock will call the NYSE its new home: CannTrust Holdings (NASDAQOTH:CNTTF). Beginning this coming week, CannTrust will trade under its new symbol "CTST," albeit it will hang onto its ticker symbol of "TRST" in Canada (TRST is already taken in the U.S.). 

Ontario-based CannTrust may not find itself in the spotlight nearly as much as, say, Aurora Cannabis or Canopy Growth, but that doesn't mean it won't be a major player in Canada's pot market. According to the company's management team, in excess of 100,000 kilograms of peak annual cannabis production is the goal, which would make CannTrust a borderline top-10 producer by maximum annual yield. Plus, with its focus on hydroponics (growing plants in a nutrient-rich water solvent as opposed to soil) and access to cheap water and electricity, CannTrust has an opportunity to be a low-cost producer.

However, the past couple of months have been a bit of a roller-coaster ride for CannTrust. The initial 450,000-square-foot expansion at its Niagara Perpetual Harvest facility was completed with ease. Meanwhile, the remaining 600,000-square-foot phase 3 expansion had been stuck in limbo due to permitting issues with the town of Pelham. On Jan. 22, 2019, following a lengthy stalemate, CannTrust reached an agreement with Pelham to expand its facility by 390,000 square feet instead of the originally requested 600,000 square feet. However, due to the addition of improved climate-control systems and increased automation, management still expects north of 100,000 kilos in peak annual production, even with 210,000 square feet less in growing space than initially planned.

A cannabis leaf lying atop a neat stack of hundred-dollar bills.

Image source: Getty Images.

CannTrust is also on the lookout for what it calls "strategic alternatives" to help meet its goal of 100,000-plus kilos of annual output. By uplisting to the NYSE, the company should have little issue obtaining nondilutive financing if it chooses not to raise capital or make acquisitions by selling its own stock. With 210,000 square feet less in growing space than initially anticipated, acquisitions are seeming likelier by the day to reach its production targets.

What'll be particularly intriguing about CannTrust is how well the company responds to its Pelham hiccup. Its Niagara facility and much smaller Vaughan facility both looked to be on track for low-cost hydroponic production. But with the added expenses involved with automation and the possible need to acquire new growing capacity at a presumed premium, low-cost production is no longer a guarantee. In fact, fiscal 2019 profit projections for the company have been more than halved over the last three months, leading to a forward P/E that's now pushing triple digits.

Long story short, uplisting resolves CannTrust's visibility issue, but the company still has plenty to prove to Wall Street and investors.

Friday, February 22, 2019

Top 5 Stocks To Own For 2019

tags:RLGY,CPT,CBA ,PGLC,MDGL,

National Research Corp (NASDAQ:NRCIB) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. National Research Corp provides analytics and insights that improves measurement and improvement of the patient and employee experience. Its subscription-based solutions provide actionable information and analysis to healthcare organizations. National Research Corp has a market cap of $837.200 million; its shares were traded at around $50.86 with a P/E ratio of 16.00 and P/S ratio of 3.13. The dividend yield of National Research Corp stocks is 4.72%. National Research Corp had annual average EBITDA growth of 2.10% over the past ten years.

For the last quarter National Research Corp reported a revenue of $29.9 million, compared with the revenue of $28.37 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $117.6 million, an increase of 7.5% from last year. For the last five years National Research Corp had an average revenue growth rate of 6.1% a year.

Top 5 Stocks To Own For 2019: Realogy Holdings Corp.(RLGY)

Advisors' Opinion:
  • [By Max Byerly]

    Old Mutual Global Investors UK Ltd. trimmed its holdings in Realogy Holdings Corp (NYSE:RLGY) by 11.2% in the first quarter, HoldingsChannel.com reports. The fund owned 2,142,930 shares of the financial services provider’s stock after selling 269,939 shares during the period. Old Mutual Global Investors UK Ltd.’s holdings in Realogy were worth $58,459,000 at the end of the most recent quarter.

  • [By Ethan Ryder]

    Realogy Holdings Corp (NYSE:RLGY)’s share price hit a new 52-week low during trading on Friday . The stock traded as low as $20.02 and last traded at $21.29, with a volume of 184103 shares changing hands. The stock had previously closed at $21.82.

  • [By Stephan Byrd]

    Realogy Holdings Corp (NYSE:RLGY) has been given an average recommendation of “Hold” by the eleven ratings firms that are currently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $32.29.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Realogy (RLGY)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Shane Hupp]

    Realogy (NYSE:RLGY) had its target price trimmed by Citigroup from $37.00 to $35.00 in a report released on Friday morning. The firm currently has a buy rating on the financial services provider’s stock.

Top 5 Stocks To Own For 2019: Camden Property Trust(CPT)

Advisors' Opinion:
  • [By Max Byerly]

    Amundi Pioneer Asset Management Inc. lifted its holdings in Camden Property Trust (NYSE:CPT) by 8.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 291,582 shares of the real estate investment trust’s stock after acquiring an additional 21,627 shares during the period. Amundi Pioneer Asset Management Inc. owned approximately 0.31% of Camden Property Trust worth $24,545,000 as of its most recent filing with the Securities and Exchange Commission.

  • [By Stephan Byrd]

    Camden Property Trust (NYSE:CPT) announced a quarterly dividend on Friday, June 15th, RTT News reports. Stockholders of record on Friday, June 29th will be given a dividend of 0.77 per share by the real estate investment trust on Tuesday, July 17th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Thursday, June 28th.

  • [By Max Byerly]

    Concepta PLC (LON:CPT)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 2.20 ($0.03) and last traded at GBX 2.35 ($0.03), with a volume of 310160 shares. The stock had previously closed at GBX 2.65 ($0.03).

  • [By Ethan Ryder]

    Swiss National Bank reduced its position in Camden Property Trust (NYSE:CPT) by 5.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 451,000 shares of the real estate investment trust’s stock after selling 28,000 shares during the quarter. Swiss National Bank’s holdings in Camden Property Trust were worth $37,965,000 as of its most recent filing with the SEC.

  • [By Stephan Byrd]

    These are some of the news articles that may have impacted Accern Sentiment’s rankings:

    Get Camden Property Trust alerts: Camden Property Trust to Post Q3 2018 Earnings of $1.19 Per Share, DA Davidson Forecasts (CPT) (americanbankingnews.com) Camden Property Trust Forecasted to Earn FY2019 Earnings of $4.99 Per Share (CPT) (americanbankingnews.com) Camden Property Trust’s (CPT) CEO Ric Campo on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) Edited Transcript of CPT earnings conference call or presentation 4-May-18 3:00pm GMT (finance.yahoo.com) Camden: 1Q Earnings Snapshot (finance.yahoo.com)

    Several research firms have commented on CPT. BTIG Research increased their price target on shares of Camden Property Trust to $93.00 and gave the company a “buy” rating in a research report on Thursday, March 15th. Zacks Investment Research raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, March 20th. TheStreet lowered shares of Camden Property Trust from a “b” rating to a “c+” rating in a research report on Thursday, January 18th. Sandler O’Neill set a $97.00 price target on shares of Camden Property Trust and gave the company a “buy” rating in a research report on Tuesday, February 6th. Finally, BMO Capital Markets set a $94.00 price target on shares of Camden Property Trust and gave the company a “buy” rating in a research report on Monday, February 12th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $90.64.

  • [By Shane Hupp]

    News articles about Camden Property Trust (NYSE:CPT) have trended positive recently, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Camden Property Trust earned a coverage optimism score of 0.29 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 47.1765126263188 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Top 5 Stocks To Own For 2019: ClearBridge American Energy MLP Fund Inc.(CBA )

Advisors' Opinion:
  • [By Ethan Ryder]

    News headlines about ClearBridge American Energy MLP Fund (NYSE:CBA) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ClearBridge American Energy MLP Fund earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 47.3026009142931 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

  • [By Max Byerly]

    Sit Investment Associates Inc. grew its position in shares of ClearBridge American Energy MLP Fund Inc (NYSE:CBA) by 20.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 795,051 shares of the investment management company’s stock after acquiring an additional 136,834 shares during the quarter. Sit Investment Associates Inc. owned 1.36% of ClearBridge American Energy MLP Fund worth $6,003,000 at the end of the most recent reporting period.

Top 5 Stocks To Own For 2019: Pershing Gold Corporation(PGLC)

Advisors' Opinion:
  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Pershing Gold (PGLC)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Pershing Gold (PGLC)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Pershing Gold (PGLC)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Pershing Gold (PGLC)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 5 Stocks To Own For 2019: Madrigal Pharmaceuticals, Inc. (MDGL)

Advisors' Opinion:
  • [By Lisa Levin] Gainers Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) shares surged 144.96 percent to close at $265.61 on Thursday in reaction to an encouraging Phase 2 clinical trial update. The clinical-stage biopharmaceutical company said its liver-directed, thyroid hormone receptor called MGL-3196 showed a statistical significance in the primary endpoint of lowering liver fat at 12 weeks and also 36 weeks. Viking Therapeutics, Inc. (NASDAQ: VKTX) shares rose 101.01 percent to close at $9.99 on Thursday after falling 4.42 percent on Wednesday. Akers Biosciences, Inc. (NASDAQ: AKER) jumped 45.58 percent to close at $0.474. The developer of rapid health information technologies said Wednesday afternoon it was granted a 180-day extension from the Nasdaq Stock Market to meet the requirement of a minimum $1.00 per share closing bid price for 10 straight days. Kitov Pharma Ltd (NASDAQ: KTOV) gained 40.93 percent to close at $3.03 after the FDA approved Kitov's Consensi for the treatment of osteoarthritis pain and hypertension. China Customer Relations Centers, Inc. (NASDAQ: CCRC) rose 28.21 percent to close at $19.86. J.Jill, Inc. (NYSE: JILL) climbed 26.45 percent to close at $7.84 after the company posted upbeat quarterly earnings. Curis, Inc. (NASDAQ: CRIS) shares climbed 21.93 percent to close at $2.78 in reaction to an encouraging FDA update. The biotechnology company that focuses on therapies for the treatment of cancer said the FDA granted a Fast Track designation for fimepinostat (CUDC-907) in patients with relapsed or refractory. Boxlight Corporation (NASDAQ: BOXL) gained 21.23 percent to close at $7.48. Kirkland's, Inc. (NASDAQ: KIRK) rose 16.21 percent to close at $12.83 after reporting upbeat Q1 results. The Brink's Company (NYSE: BCO) jumped 16.2 percent to close at $79.25 as the company announced plans to acquire Dunbar Armored for $520 million in cash. Applied Optoelectronics, Inc. (NASDAQ: AAOI) rose 15.14 percent to c
  • [By George Budwell]

    Viking's shares are soaring in response to a positive mid-stage result for its experimental nonalcoholic steatohepatitis (NASH) medicine VK2809. Most critically, the drug seems to compare favorably to Madrigal Pharmaceuticals' (NASDAQ:MDGL) MGL-3196 in terms of both safety and efficacy.

  • [By Keith Speights]

    Viking stock received a huge boost recently thanks to great results reported by Madrigal Pharmaceuticals (NASDAQ:MDGL) from its phase 2 study of NASH candidate MGL-3196. Because Madrigal's drug uses the same mechanism of action as VK2809, expectations are high for similar success for Viking's phase 2 study. 

  • [By Shane Hupp]

    Madrigal Pharmaceuticals (NASDAQ:MDGL)‘s stock had its “buy” rating restated by investment analysts at Cowen in a research note issued on Thursday.

  • [By George Budwell]

    Second, Vikings shares got a boost from the positive midstage trial results for Madrigal Pharmaceuticals' (NASDAQ:MDGL) MGL-3196 not long ago. As VK2809 and MGL-3196 share a similar mechanism of action, Wall Street apparently believes MGL-3196's midstage results will turn out to be a preview for VK2809's midstage trial that's scheduled to readout later this year. While speculative, the bottom line here is that Viking could be developing a drug capable of generating over $1 billion in annual sales at its peak. That's a sizable revenue stream for a company with a market cap of only $617 million right now. 

  • [By Keith Speights]

    The biggest reason why I think so highly of Viking Therapeutics' prospects is that I also think highly of Madrigal Pharmaceuticals' (NASDAQ:MDGL) prospects. In May, Madrigal announced really good results from a phase 2 clinical study of its lead candidate MGL-3196 in treating non-alcoholic steatohepatitis (NASH).

Thursday, February 21, 2019

Top 5 High Tech Stocks To Watch For 2019

tags:IVZ,CMO,China,CFNB,MRO,

The cryptocurrency market continued its rough week on Thursday, with most major currencies trading down more than 1 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market today, and which currencies were on the move.

Headlines

The big news from the CoinDesk Consensus conference on Wednesday was the talk by Twitter Inc (NYSE: TWTR) and Square Inc (NYSE: SQ) CEO Jack Dorsey. Dorsey said there will ultimately be a native internet currency, and the adoption of bitcoin or another crypto as a global currency would help Square expand its services into new markets. Dorsey said he is a “huge fan” of bitcoin and hopes it ends up as the universal digital currency.

The Wall Street Journal reported on Thursday that, after reviewing 1,450 digital currencies, it found 271 cryptocurrencies that had evidence of fraudulent activity. Nearly one out of every five currencies the Journal investigated utilized fake executive information, plagiarized documents, fabricated development team credentials or other misleading information in an attempt to raise money from unsuspecting investors.

The U.S. Securities and Exchange Commission has completed an ICO of a satirical cryptocurrency called HoweyCoin as part of an effort to warn investors about the dangers of investing in cryptos. The HoweyCoin website was set up to demonstrate to investors how easy it is to get duped into the many scam currencies that have popped up in recent months, and the site links to an educational page about how to avoid crypto scams.

Top 5 High Tech Stocks To Watch For 2019: Invesco Plc(IVZ)

Advisors' Opinion:
  • [By Ethan Ryder]

    Invesco Ltd. (NYSE:IVZ) has been given a consensus rating of “Hold” by the seventeen ratings firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $35.55.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Invesco (IVZ)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Adam Levine-Weinberg]

    It didn't take long for Seritage to get started. In March, it sold a 50% stake in The Mark 302 -- its downtown Santa Monica project -- to a unit of Invesco (NYSE:IVZ). Since then, Seritage has accelerated its efforts to form joint venture partnerships for some of its best assets, including two deals announced just this week.

  • [By Logan Wallace]

    First Bank & Trust boosted its stake in Invesco Ltd. (NYSE:IVZ) by 3,311.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 17,844 shares of the asset manager’s stock after purchasing an additional 17,321 shares during the period. First Bank & Trust’s holdings in Invesco were worth $429,000 at the end of the most recent quarter.

  • [By Stephan Byrd]

    Headlines about Invesco (NYSE:IVZ) have been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Invesco earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 46.4314751299121 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Invesco (IVZ)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 5 High Tech Stocks To Watch For 2019: Capstead Mortgage Corporation(CMO)

Advisors' Opinion:
  • [By Logan Wallace]

    Capstead Mortgage (NYSE:CMO) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Wednesday.

Top 5 High Tech Stocks To Watch For 2019: E-House(China)

Advisors' Opinion:
  • [By ]

    The world’s largest operating utility-scale solar projects are concentrated in China and India, according to IEEFA. Based on company and press reports, as well as its own estimates, those include:

    RankingProject NameSize MWCountryProponent 1Tengger Desert Solar Park1,547ChinaChina National Grid Zhongwei Power Supply Co2Kurnool Ultra Mega Solar Park1,000IndiaAndhra Pradesh Solar Power Corporation Pvt Ltd3Datong Solar Power Top Runner Base1,000ChinaMultiple4Yanchi Ningxia Solar Park1,000ChinaHuawei Technologies Co5Longyangxia Dam Solar Park850ChinaState Power Investment Corporation (China)6Adani Kamuthi Solar Plant648IndiaAdani Green7Solar Star579U.S.BHE Renewables8Topaz Solar Farm550U.S.First Solar9Desert Sunlight Solar Farm550U.S.NextEra Energy, GE Energy Financial & Sumitomo10Nova Olinda Solar Farm292BrazilEnel Green Power

    China added 53 gigawatts of the 98 gigawatts of new solar capacity built last year, a 31 percent increase from the total 2017, IEEFA said, citing Bloomberg New Energy Finance data. Meanwhile, the per unit cost of electricity over the life of a generating asset fell 15 percent year-on-year to $86 a megawatt hour.

Top 5 High Tech Stocks To Watch For 2019: California First National Bancorp(CFNB)

Advisors' Opinion:
  • [By Shane Hupp]

    NBT Bancorp (OTCMKTS: CFNB) and California First National Bancorp (OTCMKTS:CFNB) are both small-cap finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, risk, institutional ownership, dividends, profitability, analyst recommendations and earnings.

Top 5 High Tech Stocks To Watch For 2019: Marathon Oil Corporation(MRO)

Advisors' Opinion:
  • [By Matthew DiLallo]

    Marathon Oil (NYSE:MRO) put the wraps on a strong year by delivering solid fourth-quarter results, which came in slightly ahead of expectations. With that, the company exceeded its initial growth projection for the year while sticking to its budget, and was thus able to generate and return lots of cash to shareholders. The company expects more of the same in 2019 as its drilling machine aims to continue printing money.

  • [By Shane Hupp]

    Marathon Oil Co. (NYSE:MRO) declared a quarterly dividend on Wednesday, January 30th, RTT News reports. Shareholders of record on Wednesday, February 20th will be paid a dividend of 0.05 per share by the oil and gas producer on Monday, March 11th. This represents a $0.20 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Tuesday, February 19th.

  • [By Matthew DiLallo]

    Marathon Oil (NYSE:MRO) delivered strong operational and financial results through the third quarter of last year, which had the company on track to end 2018 on a high note. Investors will find out whether that's the case when the company reports its fourth-quarter results. That's one of several things they should keep their eye on when reviewing that report.

Wednesday, February 20, 2019

Investors will have to cope with a 'sloppy' market, money manager Jack Ablin says

Investor Jack Ablin believes it'll be a "sloppy" year for stocks, but he has a strategy to make money anyway: Embrace the pullbacks.

"Most of the 2019 rally has already occurred," the Cresset Wealth Advisors chief investment officer said Tuesday on CNBC's "Futures Now." "We started the year expecting roughly a 9 or so percent return for 2019. We've gotten most of it already thanks to a pretty dour outlook among investors going into the new year."

The S&P 500 is up 11 percent in 2019 and is about 6 percent short of its all-time high of 2,940 hit on Sept. 21.

Ablin doesn't think there's anything fundamentally wrong with the markets or economy. He's basing a key portion of his forecast on the relationship between financials and the S&P 500.

"In general, the stock market likes it when financials do well. And right now, over the last six months, financials have underperformed. That would suggest that equities could struggle over the next six months," he said. "The fact is that the financial markets and liquidity in general is really the lifeblood of the equity market."

Ablin, whose firm has $3.5 billion in assets under management, doesn't expect this year's pullbacks to match 2018's corrections. But he contends it'll still be enough to make profits — as long as investors are buying on them.

On the next downturn, he plans to add positions to industrials, health care and, perhaps, energy. Ablin also likes homebuilders on softness because sentiment in the space is positive, but the stocks are still negative.

The big money question is what could spark the next buying opportunity. The answer is unclear.

"I think it's more related to the trade policy," Ablin said. "There could be tariffs especially with China that are persistent that actually never go away. ... That's something I think investors aren't banking on, and I don't think they've calculated it into the current pricing."

Disclaimer

Tuesday, February 19, 2019

Social Security's Cash Reserve Depletion Estimate: Take It With a Grain of Salt

Since 1985, lawmakers on Capitol Hill have known that Social Security was in trouble. For each of the past 33 years, the Social Security Board of Trustees has examined the short-term (10-year) and long-term (75-year) outlook for America's most important social program and found that the long-term outlook comes up short in the revenue column.

More specifically, at some point in the next 75 years, each of the previous 33 reports has found that Social Security's asset reserves -- i.e., its aggregate net cash surpluses since its inception -- would be completely depleted. Currently sporting almost $2.9 trillion in asset reserves as of the end of 2018, the trustees report projects that this excess capital will run out by 2034.

A half-dozen Social Security cards stacked in a messy pile atop one another.

Image source: Getty Images.

Social Security isn't going bankrupt, but unpleasant changes may await

Why would this excess cash disappear? The answer has to do with a number of ongoing demographic changes that are going to adversely affect the program. Examples include the ongoing retirement of baby boomers, which'll weigh down the worker-to-beneficiary ratio, increasing longevity over many decades, growing income inequality that's allowing the rich to pocket a larger monthly benefit for an extended period of time, and low fertility rates over the past decade, which may also weigh on the worker-to-beneficiary ratio.

The thing to understand about the projected exhaustion of Social Security's nearly $2.9 trillion in asset reserves is that it's not the end of the world for the program. If this extra capital disappears, Social Security will lose one of its three sources of revenue -- interest income -- but will keep its other two more important recurring sources of revenue: the 12.4% payroll tax on earned income, and the taxation of benefits. Put another way, Social Security will still have plenty of cash flowing in for disbursement to eligible beneficiaries.

But saying goodbye to this asset reserve safety net isn't without consequences. According to the trustees' report, an across-the-board benefit reduction of up to 21% may be necessary by 2034 to sustain payouts through 2092 without the need for any further cuts. Not exactly an optimal forecast, with more than three out of five retired workers reliant on Social Security right now for at least half of their income.

A man with a disheveled tie chews on a pencil while closely examining figures from this printing calculator.

Image source: Getty Images.

These estimates are often subject to revision

But there's something you have to understand about Social Security's supposed "Judgment Day" in 2034: It's just the best estimate the trustees can provide right now.

When examining Social Security's long-term outlook, the trustees use various stochastic modeling and take into account low-, intermediate-, and high-cost estimates. The midpoint of the trustees' modeling suggests that Social Security's net cash outflows will lead to an exhaustion of its almost $2.9 trillion in cash by 2034. But the stochastic model suggests a 95% confidence in this money running out between 2030 and 2043. That means it could very well be just 11 years until this cash is gone, or perhaps as many as 24 years, although the midpoint of 2034 (i.e., the intermediate-cost model) tends to have the highest confidence. 

However, things change, and it's extremely likely that the projected asset reserve depletion date will as well. Since 1985, the projected year of asset reserve depletion has changed 22 times, albeit just once over the past six years. As with most estimations, they become more accurate as the expected event nears. 

There are a lot of factors that could cause the trustees to rethink their estimates, including fiscal policy out of Washington. The passage of the Tax Cuts and Jobs Act (TCJA), as well as President Trump's calls for a tighter immigration policy, may lead to short- and intermediate-term impacts on Social Security's revenue collection. Some of these could be positive, with the TCJA potentially providing a very short-term growth spurt in the U.S. economy and helping to push Social Security to yet another net cash surplus in 2018. But these impacts may be negative, too, such as a net decrease in immigration to the United States. Social Security relies on the legal migration of younger workers who'll contribute to payroll tax revenue for decades.

Demographic changes could also lead to a readjustment in the projected asset reserve depletion date. For instance, fertility rates in the U.S. are at a 40-year low. If this dip in birth rates, which has been ongoing for almost a decade, continues for, say, another five to 10 years, it may mean a higher probability that the high-cost model will play out. That would potentially speed up the exhaustion of the program's asset reserves.

A judge's gavel lying atop two Social Security cards, with an American flag in the background.

Image source: Getty Images.

One more thing...

And there's one more thing you shouldn't completely rule out: Congress could come to the rescue. While even I've opined that Americans can't count on Congress to save their retirement given how partisan and divided politics have become on Capitol Hill, it's not out of the question that a resolution is reached before Social Security's excess capital is bled dry.

Back in 1983, Social Security was facing this exact scenario. Had the Reagan administration not passed the bipartisan Amendments of 1983, the program would have run out of its excess cash later that year. What this demonstrates is that while lawmakers love kicking the can down the road, they'll often act on Social Security when they no longer have any other choice.

By this definition, it could still be well over a decade before lawmakers get truly serious about resolving Social Security's cash crunch. But it still offers hopes that a common-ground solution could be reached that emphasizes the core proposals of both parties.

Though a benefit reduction looks likely now by 2034, you should ultimately take that estimation with a grain a salt.

Green Plains Turns to a New Strategy in 2019: Curtailment

American ethanol producers must have fallen asleep in economics class, because they don't seem to grasp the concept of supply and demand.

While all producers have paid the price of a grossly oversupplied market in recent years, none has suffered as much as Green Plains (NASDAQ:GPRE). The business is much more dependent on ethanol output and selling prices than peers Archer Daniels Midland or Valero Energy, which generate the majority of their income from agricultural raw materials and petroleum refining, respectively.

That said, there was a silver lining in the full-year 2018 operating results reported by Green Plains: Producers are sharply reducing output in an attempt to push the market closer to equilibrium. When coupled with recent debt repayment and cost-cutting efforts, curtailment could help to lift the financial performance of the nation's fourth-largest ethanol manufacturer. But it looks like 2019 will be another difficult year for shareholders.

A giant pile of corn kernels next to a grain storage facility.

Image source: Getty Images.

By the numbers

The American ethanol industry is dependent on two main sources of demand: domestic consumption and exports.

Domestic demand is dependent on total gasoline consumption, as the U.S. Environmental Protection Agency mandates 10% of the nation's gasoline supply comprises ethanol. That creates about 14.4 billion gallons of demand per year. Meanwhile, exports have become an increasingly important source of demand in recent years. The United States slung a record 1.6 billion gallons of ethanol across the globe in 2018 -- and the numbers for December have yet to be reported. 

While that means American ethanol producers such as Green Plains got to play in a market totaling approximately 16 billion gallons in 2018, the problem is that production capacity has always been at or above demand. Last summer (when ethanol production is lowest) there was an estimated 15.8 billion gallons of active production on an annualized basis, but 16.3 billion gallons of installed capacity. The result: There's a near-record 1 billion gallons of ethanol in inventories across the country right now. 

That sent average ethanol selling prices tumbling last year to their lowest levels since 2002. Green Plains exited 2018 losing $0.25 per gallon and hasn't produced a profitable gallon since August 2018. It showed in the company's operating results.  

Metric

2018

2017

Change (YOY)

Ethanol revenue

$2.12 billion

$2.51 billion

(15%)

Total revenue

$3.86 billion

$3.60 billion

7%

Ethanol gross profit

$1.8 million

$73.6 million

(97%)

Total gross profit

$215.7 million

$294.6 million

(27%)

Ethanol operating income

($111.8 million)

($45.0 million)

N/A

Total operating income

$115.7 million

$41.7 million

177%

Data source: Press release. YOY = year over year.

A poor performance from the ethanol segment overshadowed solid results from the company's secondary segments in agribusiness, food ingredients, and logistics that aren't broken out in the table above. Green Plains only reported a year-over-year increase in operating income when including the gain on the sale of multiple assets.

Those asset sales were the result of management realizing downright awful ethanol market fundamentals were suffocating the company as previously structured. It sold three ethanol manufacturing facilities and its vinegar business in 2018 to pay off its term loans, save tens of millions of dollars in interest expense per year, and refocus on higher-margin opportunities. While it still wields about 1.1 billion gallons of annual production capacity, it produced just 205 million gallons of ethanol in the fourth quarter of 2018. That marked the lowest volume of output since 2013 and the company's lowest utilization rate ever.

Investors may want to get used to curtailed production throughout 2019. That will be needed to reduce losses in the current margin environment and help to push the overall market toward equilibrium, as Green Plains is the nation's fourth-largest ethanol producer. The good news is that peers are also reducing output. American ethanol output has fallen in six of the last seven weeks as of early February, according the the U.S. Energy Information Administration. While that has yet to make much of a dent in inventory, sticking to the strategy for several months heading into the summer driving season would be wise. The industry could also get a boost from multiple catalysts this year. 

A question mark on a red note card against a chalk board.

Image source: Getty Images.

Multiple events on the horizon for 2019

Green Plains and peers are eagerly awaiting the EPA to change a long-standing rule capping ethanol blend rates to just 10% ethanol. Regulators previously signaled a willingness to allow between 10% and 15% ethanol blends year-round, which could create up to 1.3 billion gallons in additional annual domestic demand within five years. The government shutdown and general understaffing of the EPA under the Trump administration have hampered the expected timeline for the policy change, however.

Management has also noted that resolving the trade war between the United States and China could further boost exports, since China has slapped a 70% tariff on American ethanol imports. However, it may not create the catalyst Green Plains expects. That's because ethanol traders have circumnavigated Chinese tariffs by selling fuel to Asian countries, conducting ship-to-ship transfers at sea, then selling it into the Chinese market anyway. Booming exports in 2018 show the trade war isn't weighing on international demand.

That said, China has ambitious plans for blending ethanol into its own fuel supply by 2020, but will likely need to import 1 billion gallons of ethanol or more per year to make it work initially. The United States is the only market capable of supplying that volume of fuel, so a trade compromise would help domestic producers exploit that opportunity more directly.

A snail moving up stacks of coins.

Image source: Getty Images.

Relief appears distant for Green Plains

It's likely that 2019 will be remembered as one of the most transformational years in the history of the American ethanol industry. The issue is investors don't yet know whether that will be a good thing or a bad thing.

Curtailing production is a good first step and one that's long overdue, but it would take a near industrywide commitment for many months to deliver results -- and take over one year to drive inventory to healthy levels. The expected policy change at the EPA could provide a significant catalyst for producers by promising to help balance the market more quickly. It would take years to play out, but at least Wall Street analysts could take the accelerated demand growth into account. Meanwhile, the pace of exports isn't expected to slow down anytime soon, and the trade war doesn't seem to be affecting that in the slightest.

All that said, there's a long way to go before Green Plains can reverse its $0.25 loss per gallon produced. Management has high hopes for a new, high-margin protein production process that can be bolted onto existing ethanol facilities, but it will take years to implement across the fleet. That suggests the business might struggle to find much relief in 2019 -- despite trading at just 0.67 times book value -- unless multiple catalysts fall in the industry's favor.

Sunday, February 17, 2019

Store Closures Coming in 2019, but Don't Call It a Retail Apocalypse

Just because it's cold today does not mean that global warming isn't real. Weather isn't climate and a chilly day (or even an unexpectedly cold season) does not mean much in the big-picture science behind climate change.

The same can be said for the predictions of retail apocalypse you see everywhere. Stores are closing -- and a new report from Coresight forecasts that number to grow year-over-year -- but blaming those closures on the rise in digital sales ignores what's actually happening (and some basic math).

Digital retailers have exposed how poorly many brick-and-mortar chains are run, forcing a number of them to close stores or even go bankrupt. That's not happening because consumers have chosen digital over physical. Instead, shoppers have more choice and they can now more easily opt out of shopping at brick-and-mortar chains that do a bad job.

Unoccupied new construction retail stores

Just because some stores are closing does not mean that there is a retail apocalypse. Image source: Getty Images.

Take a look at which chains have closed

Retailers that have embraced the current market dynamics like Best Buy (NYSE: BBY), Target, and Walmart have thrived. These chains acknowledged that digital rivals changed the game. Best Buy, which was at one time at risk of being driven out of business by Amazon, changed its business in numerous ways (none of which included significant store closures).

The electronics retailer made its stores into destinations by adding store-within-a-store shops for major brands and focusing on growing its service business. It also adjusted its prices because consumers might pay a little more for an HDMI cable to have it now, but they won't pay two or three times what Amazon charges, even if that means waiting two days for it.

In addition, Best Buy, along with the other successful retailers mentioned above have embraced omnichannel retailing and they use their stores as a major part of fulfillment. A Best Buy customer might buy online and pickup in store or buy online and return in a store. The company might also fulfill a digital order from a store. To make the logistics of all this work has taken significant investment.

Best Buy made that investment and it's thriving while its not-so-dearly departed rival Radio Shack still operated as if the internet did not exist. That's something you could accuse many other "retail apocalypse" victims of doing, including Sears, J.C. Penney, Sports Authority, and so many others.

A look at the numbers

Store closures actually fell in 2018 when 5,524 stores were shuttered compared to the previous year when the lights went out at 8,139, according to Coresight. In 2019, Coresight said 2,187 stores have already been closed, up 23% compared to the same time period last year. That figure was released before reports came out Thursday that Payless ShoeSource is planning to close its 2,300 stores when it files for a second bankruptcy later this month.

Since 2017 e-commerce sales as a percentage of all retail sales have climbed from 9% to 10% in 2018 with a forecast of them growing to 11.1% in 2019 and 13.7% by 2021, according to a Statista chart. That growth does impact brick-and-mortar chains, but it's also coming at a time when the National Retail Federation (NRF) reported that U.S. retail sales overall (including digital and brick-and-mortar) grew by 4.6% in 2018 and are expected to grow between 3.8%-4.4% this year.

That's a lot of numbers to say that while digital sales are growing as a percentage of the whole, the whole is growing as well. Using the NRF projections, overall sales will grow from $3.48 trillion in 2018 to between $3.82 trillion and $3.84 trillion in 2019 (a 9.8% to 10.3% rise). Digital sales will go from $682.8 billion in 2018 to between $751.1 billion and $764.8 billion (a 10% to 12% rise). That means that brick-and-mortar sales will go from roughly $2.79 trillion in 2018 to about $3 trillion in 2019 (using the top of the NRF range), which is a 7.5% rise.

Those numbers don't factor in that brick-and-mortar locations -- at least at well-run chains like Best Buy -- help facilitate digital sales. A need remains for physical retailers. Demand, while it's not growing as fast it is on the digital side, will continue to increase. It's not a retail apocalypse. It's a culling of weak, poorly run retailers which did not embrace the changing needs of consumers.

 

Hot Growth Stocks To Invest In 2019

tags:JWN,MED,ISRG,BWLD,TBI,

Wall Street analysts forecast that Central Valley Community Bancorp (NASDAQ:CVCY) will post earnings of $0.34 per share for the current quarter, according to Zacks. Two analysts have issued estimates for Central Valley Community Bancorp’s earnings. The highest EPS estimate is $0.34 and the lowest is $0.33. Central Valley Community Bancorp posted earnings per share of $0.40 in the same quarter last year, which would indicate a negative year over year growth rate of 15%. The business is expected to report its next quarterly earnings report on Wednesday, July 18th.

On average, analysts expect that Central Valley Community Bancorp will report full year earnings of $1.47 per share for the current financial year, with EPS estimates ranging from $1.45 to $1.48. For the next financial year, analysts expect that the company will report earnings of $1.67 per share, with EPS estimates ranging from $1.65 to $1.68. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that follow Central Valley Community Bancorp.

Hot Growth Stocks To Invest In 2019: Nordstrom Inc.(JWN)

Advisors' Opinion:
  • [By ]

    Some reasons for my bearishness on retail stocks:

    Higher Energy Prices. Oil prices have rallied dramatically and back to 2014 levels, rising from about $35 a barrel in early 2016 to around $67 Thursday. That's bad news for U.S. retailers, as rising oil prices historically squeeze consumer disposable incomes. That's one reason why I've been consistently raising my short exposure to retail and plan to continue doing so. Shaky Same-Store Sales Growth. Recent improvements to same-store sales at Abercrombie & Fitch (ANF) , Urban Outfitters (URBN) , Dillard's (DDS) , Gap Inc. (GPS) and Macy's (M) come against downgraded expectations, and might not be sustainable anyway. No Deal for Nordstrom (JWN) . The Nordstrom family has apparently abandoned plans to take its namesake company private. I had expressed concerns that this would happen. Higher Interest Rates. A rise in the London Inter-Bank Offered Rate (LIBOR) has recently accelerated. That's bad news for retailers, as many variable-rate consumer debts (particularly mortgages) key off of the LIBOR. This will likely put a damper on mortgage refinancings -- something that many see as an important ingredient for personal-consumption expenditures.

  • [By ]

    Cramer and the AAP team say today's weakness is the opportunity they have been patiently waiting for. Their target? Nordstrom (JWN) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

  • [By Motley Fool Staff]

    In this clip, host Chris Hill and Motley Fool contributor Ron Gross go through the most important numbers and trends from Nordstrom (NYSE:JWN), Macy's (NYSE:M), and JC Penney (NYSE:JCP), explain why the stocks went in the directions they did after reports came out, and take a peek at the long-term health of each mall-based retailer.

  • [By Lisa Levin]

    Breaking news

    Deere & Company (NYSE: DE) reported weaker-than-expected results for its second quarter. Applied Materials, Inc. (NASDAQ: AMAT) reported stronger-than-expected results for its second quarter, but issued weak sales outlook for the third quarter. Nordstrom, Inc. (NYSE: JWN) reported upbeat results for its first quarter. Comparable-store sales rose 0.6 percent. Boot Barn Holdings Inc (NYSE: BOOT) disclosed a 7.2 million common stock offering.

Hot Growth Stocks To Invest In 2019: MEDIFAST INC(MED)

Advisors' Opinion:
  • [By Lisa Levin]

    Medifast, Inc. (NYSE: MED) shares were also up, gaining 20 percent to $119 after the company reported strong Q1 results and raised its FY18 guidance.

  • [By Lisa Levin] Gainers Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares rose 35.8 percent to $3.00. Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares surged 32 percent to $8.94 after reporting upbeat Q1 earnings. Carbon Black, Inc. (NASDAQ: CBLK) gained 29.6 percent to $24.62. Carbon Black priced its IPO at $19 per share. California Resources Corporation (NYSE: CRC) shares rose 26.8 percent to $32.70 following upbeat Q1 earnings. Pandora Media, Inc. (NYSE: P) gained 25 percent to $7.185 after reporting strong quarterly results. Medifast, Inc. (NYSE: MED) shares climbed 23.7 percent to $122.87 after the company reported strong Q1 results and raised its FY18 guidance. Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.2 percent to $8.4999 after reporting Q2 results. Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) gained 22.2 percent to $41.27 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban. Shake Shack Inc (NYSE: SHAK) rose 22.2 percent to $57.955 after the company reported upbeat results for its first quarter and raised its FY18 guidance. Atomera Incorporated (NASDAQ: ATOM) jumped 19.7 percent to $6.12 after reporting Q1 results. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 16.4 percent to $21.00 after reporting strong preliminary results for the third quarter. Titan International, Inc. (NYSE: TWI) shares rose 16.4 percent to $12.21 following Q1 earnings. Integer Holdings Corporation (NYSE: ITGR) shares gained 14.9 percent to $63.75 following Q1 results. Control4 Corporation (NASDAQ: CTRL) shares climbed 14.5 percent to $23.98 folloiwng strong Q1 results. B&G Foods, Inc. (NYSE: BGS) climbed 12.6 percent to $25.40 after reporting Q1 earnings. HMS Holdings Corp (NASDAQ: HMSY) shares gained 10 percent to $19.59 after reporting upbeat quarterly earnings. Viavi Solutions Inc. (NASDAQ: VIAV) rose 7 percent to $10.09 following Q3 r
  • [By Lisa Levin] Gainers Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares jumped 29.86 percent to close at $2.87 on Friday. Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares gained 28.87 percent to close at $8.75 after reporting upbeat Q1 earnings. Mexco Energy Corporation (NYSE: MXC) gained 27.02 percent to close at $5.4744. Carbon Black, Inc. (NASDAQ: CBLK) climbed 26 percent to close at $23.94. Carbon Black priced its IPO at $19 per share. Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 25.64 percent to close at $42.44 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban. Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.19 percent to close at $8.50 after reporting Q2 results. California Resources Corporation (NYSE: CRC) shares gained 22.45 percent to close at $31.58 following upbeat Q1 earnings. Atomera Incorporated (NASDAQ: ATOM) gained 22.31 percent to close at $6.25 after reporting Q1 results. Medifast, Inc. (NYSE: MED) shares jumped 22.27 percent to close at $121.46 after the company reported strong Q1 results and raised its FY18 guidance. Jerash Holdings (US), Inc. (NASDAQ: JRSH) gained 20.86 percent to close at $8.46. Pandora Media, Inc. (NYSE: P) rose 19.83 percent to close at $6.89 after reporting strong quarterly results. Shake Shack Inc (NYSE: SHAK) rose 18.01 percent to close at $55.95 on Friday after the company reported upbeat results for its first quarter and raised its FY18 guidance. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 17.73 percent to close at $21.25 after reporting strong preliminary results for the third quarter. Schmitt Industries, Inc. (NASDAQ: SMIT) rose 17.41 percent to close at $2.36. Titan International, Inc. (NYSE: TWI) shares gained 16.78 percent to close at $12.25 following Q1 earnings. Integer Holdings Corporation (NYSE: ITGR) shares rose 14.23 percent to close at $63.40 following Q1 result
  • [By Lisa Levin]

    Medifast, Inc. (NYSE: MED) shares were also up, gaining 22 percent to $121.06 after the company reported strong Q1 results and raised its FY18 guidance.

  • [By Logan Wallace]

    State Board of Administration of Florida Retirement System raised its stake in Medifast Inc (NYSE:MED) by 12.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 5,781 shares of the specialty retailer’s stock after buying an additional 640 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Medifast were worth $926,000 at the end of the most recent reporting period.

  • [By Logan Wallace]

    MediBloc [QRC20] (MED) is a proof-of-work (PoW) token that uses the HybridScryptHash256 hashing algorithm. It was first traded on January 3rd, 2014. MediBloc [QRC20]’s total supply is 4,097,545,844 tokens and its circulating supply is 2,966,384,100 tokens. MediBloc [QRC20]’s official website is medibloc.org/en. MediBloc [QRC20]’s official Twitter account is @MEDDevTeam. The official message board for MediBloc [QRC20] is medium.com/@MediBloc. The Reddit community for MediBloc [QRC20] is /r/MediBloc and the currency’s Github account can be viewed here.

Hot Growth Stocks To Invest In 2019: Intuitive Surgical Inc.(ISRG)

Advisors' Opinion:
  • [By Brian Stoffel]

    While I have faith in all the stocks in my portfolio, five stick out as high-conviction picks for the next five years. All five have demonstrated they can defend their core business, while pursuing profitable ways to further their missions. These five are Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), Intuitive Surgical (NASDAQ:ISRG), Axon Enterprise (NASDAQ:AAXN), and Tencent Holdings (NASDAQOTH:TCEHY)

  • [By Danny Vena]

    Shareholders of Intuitive Surgical (NASDAQ:ISRG) have had plenty to celebrate in 2018. The robotic-surgery pioneer has seen its shares jump 44% so far this year, compared to just a 3% return for the S&P 500. The company's ability to consistently grow its existing market and expand into newer ones has been a hallmark of its success.

  • [By Chris Hill]

    But there was more upbeat news elsewhere, with No. 3 airline United Continental (NYSE:UAL) beating on earnings and freight rail titan CSX (NASDAQ:CSX) delivering record first-quarter numbers. Also on the rapid growth train: Intuitive Surgical (NASDAQ:ISRG), whose da Vinci systems are selling at an impressive rate. And speaking of sales of tech products, the guys close out the episode by explaining why it's a win-win that Amazon.com (NASDAQ:AMZN) and Best Buy (NYSE:BBY) are joining forces to sell smart TVs.

  • [By Sean Williams]

    The VISE acronym stands for:

    Visa (NYSE:V) Intuitive Surgical (NASDAQ:ISRG) Sirius XM Holdings (NASDAQ:SIRI) Electronic Arts (NASDAQ:EA)

    Each of these four companies brings clear-cut competitive advantages to the table that should allow it to handily outperform the broader market (and the FANG stocks).

  • [By Motley Fool Staff]

    Right now, it's time for that yearly review of the ones he picked to honor the month, and also the briefly famous pregnant giraffe: five companies, and the first letters of their tickers spelled out A-P-R-I-L. They were Axon Enterprise (NASDAQ:AAXN), Grupo Aeroportuario del Pacific (NYSE:PAC), ResMed (NYSE:RMD), Intuitive Surgical (NASDAQ:ISRG), and Live Nation (NYSE:LYV).

Hot Growth Stocks To Invest In 2019: Buffalo Wild Wings Inc.(BWLD)

Advisors' Opinion:
  • [By Steve Symington]

    That's not to say it was a quiet day for every stock on the market. With earnings season ramping up, brewing giant Anheuser-Busch InBev (NYSE:BUD) and restaurant chain Buffalo Wild Wings (NASDAQ:BWLD) served as an exercise in contrast as investors reacted to their respective quarterly reports.

  • [By Peter Graham]

    A long term performance chart shows Dave & Busters Entertainment tripling in value before falling back while small cap upscale gentlemen's clubs and restaurant owner RCI Hospitality Holdings, Inc (NASDAQ: RICK) began taking off in 2016 and small cap Buffalo Wild Wings (NASDAQ: BWLD) is being acquired by Arby's Restaurant Group:

Hot Growth Stocks To Invest In 2019: TrueBlue Inc.(TBI)

Advisors' Opinion:
  • [By Max Byerly]

    Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Trueblue Inc (NYSE:TBI) by 18.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,550 shares of the business services provider’s stock after purchasing an additional 4,700 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Trueblue were worth $823,000 as of its most recent filing with the Securities & Exchange Commission.

  • [By Logan Wallace]

    Trueblue (NYSE: TBI) is one of 23 public companies in the “Help supply services” industry, but how does it contrast to its rivals? We will compare Trueblue to similar businesses based on the strength of its analyst recommendations, institutional ownership, valuation, profitability, dividends, earnings and risk.

  • [By Stephan Byrd]

    Russell Investments Group Ltd. grew its stake in Trueblue Inc (NYSE:TBI) by 21.2% during the first quarter, HoldingsChannel reports. The fund owned 137,178 shares of the business services provider’s stock after purchasing an additional 23,951 shares during the quarter. Russell Investments Group Ltd.’s holdings in Trueblue were worth $3,553,000 at the end of the most recent quarter.

Friday, February 15, 2019

Google Just Announced a Massive Expansion

After spending over $25 billion in capital expenditures in 2018, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Google announced this week that it plans to invest another $13 billion in offices and data centers around the U.S. this year. That's up from the roughly $9 billion that the search giant spent on corporate facilities last year. Google had also said in December that it would invest $1 billion into expanding its existing presence in New York City, which is being included in the $13 billion that Google is earmarking for 2019.

Here's what investors need to know.

Interior of a Google data center

One of Google's data centers. Image source: Google.

Hey, big spender

The expansions will include entirely new developments, as well as growing existing offices and data centers all over the country. Google will add capacity to hire "tens of thousands of employees" and will end up having a presence in 24 states, according to CEO Sundar Pichai. Alphabet finished 2018 with nearly 99,000 full-time employees, according to its annual report.

Google is also investing in renewable energy as part of its plan to power its facilities with 100% renewable energy. Apple achieved its goal of powering all global facilities with 100% renewable energy last April.

Google wants to expand its data center footprint in order to strengthen its online services, ensuring fast and reliable performance.

null

null

The tech giant is also aggressively trying to catch up to rivals in the cloud infrastructure market, and the data center investments will help power its Google Cloud Platform (GCP). The GCP business is "one of the fastest-growing businesses" at Alphabet, CFO Ruth Porat said during the earnings call earlier this month, and more data centers translates into greater cloud computing capacity.

"We are continuing with the ground-up development projects. As a reminder, we do favor owning rather than leasing real estate when we see good opportunities and that has served us well over the years," Porat had said last April. "But I think more to your question with respect to technical infrastructure, that reflects investments in compute power to support growth that we see across Google."

The big get bigger

The $13 billion will likely represent the bulk of Google's capital expenditures for 2019. While the company did not provide a specific forecast for capital spending this year, Porat said that the growth rate for capital expenditures in 2019 is expected to "moderate quite significantly." For reference, $13 billion would be comparable to what the company spent in 2017, and more than it invested in 2016.

Capital Expenditures

2016

2017

2018

Google

$9.4 billion

$12.6 billion

$25.5 billion

Other Bets

$1.4 billion

$493 million

$181 million

Reconciling items

($590 million)

$72 million

($502 million)

Total

$10.2 billion

$13.2 billion

$25.1 billion

 Data source: 10-K.

Spending needs in Other Bets has declined significantly, mostly because the company has ceased expanding Google Fiber. Google is already one of the biggest tech giants in the U.S., and its footprint is about to get even bigger.

Snc-Lavalin Group (SNC) Stock Price Down 4.6% Following Analyst Downgrade

Snc-Lavalin Group Inc (TSE:SNC) traded down 4.6% during trading on Monday after TD Securities lowered their price target on the stock from C$47.00 to C$45.00. TD Securities currently has a buy rating on the stock. Snc-Lavalin Group traded as low as C$34.30 and last traded at C$35.02. 367,011 shares changed hands during trading, a decline of 41% from the average session volume of 622,614 shares. The stock had previously closed at C$36.71.

Other equities research analysts also recently issued reports about the stock. Raymond James set a C$45.00 price target on shares of Snc-Lavalin Group and gave the stock a “market perform” rating in a report on Tuesday. National Bank Financial lowered their price target on shares of Snc-Lavalin Group from C$54.00 to C$52.00 and set an “outperform” rating for the company in a report on Tuesday. Canaccord Genuity lowered their price target on shares of Snc-Lavalin Group from C$61.00 to C$58.00 in a report on Wednesday, January 23rd. CIBC boosted their target price on shares of Snc-Lavalin Group from C$52.00 to C$56.00 in a report on Tuesday, January 15th. Finally, Royal Bank of Canada lowered their target price on shares of Snc-Lavalin Group from C$58.00 to C$48.00 and set an “outperform” rating for the company in a report on Tuesday, January 29th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Snc-Lavalin Group currently has an average rating of “Buy” and a consensus price target of C$49.22.

Get Snc-Lavalin Group alerts:

The firm has a market cap of $5.97 billion and a PE ratio of 18.13. The company has a debt-to-equity ratio of 72.88, a quick ratio of 0.77 and a current ratio of 0.89.

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About Snc-Lavalin Group (TSE:SNC)

SNC-Lavalin Group Inc provides consulting, design, engineering, construction, and operation and maintenance services worldwide. It operates through Mining & Metallurgy, Oil & Gas, Power, Infrastructure, Atkins, and Capital segments. The company offers various solutions for projects in the aluminum, gold, copper, iron ore, nickel, fertilizer, sulphur, and other projects.

Read More: How is a Moving Average Calculated?

Thursday, February 14, 2019

Buy KNR Construction; target of Rs 260: Motilal Oswal


Motilal Oswal's research report on KNR Construction


Revenues stood at INR4.5b (+3.6% YoY), in line with our estimate of INR4.4b, led by timely execution of the KP Sagar Irrigation project (INR960m revenue contribution; 20% of 3QFY19 sales), Hubli (INR600m), Madurai (INR400m), Trivandrum (INR520m) and Yedulla (INR410m). EBIDTA at INR901m (- 8% YoY) was ahead of our estimate of INR740m. Operating margins declined 260bp YoY to 20%, but was ahead of our estimate of 17.0%. Better-than-estimated margins were due to the better revenue mix (20% revenue contribution from KP Sagar Irrigation project, where margins are in excess of 20%+). PAT declined 21% YoY to INR521m, exceeding our estimate of INR339m.


Outlook


We maintain our Buy rating, with target price of INR260 and value KNRC on SOTP basis - INR216/share for standalone EPC business (15x FY20E EPS of INR16.9), and INR43/share for investments in the BOT projects, annuity projects and land parcels (1x book value).


For all recommendations report, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More First Published on Feb 13, 2019 03:55 pm

Wednesday, February 13, 2019

Hot Warren Buffett Stocks To Watch For 2019

tags:AAME,FHN,INTL,MDT,ECA, Investment legend John "Jack" Bogle is worried about President Trump's policies and the massive surge in the stock market.

"I don't feel super confident in the stock market. By any historical standards, it's pretty fully valued," the 87-year-old founder of Vanguard told CNNMoney in a phone call.

Bogle isn't calling it a bubble yet, but he think stocks are clearly expensive. His view is in stark contrast to another famous investor, Warren Buffett, who recently dubbed the market "cheap."

Bogle says: "I don't think it's a bubble. I think it's a significant high valuation, but not a bubble."

He warns that returns in the next decade are likely to be very disappointing (think under 5% a year, instead of the 10% a year historical average).

Still, Bogle doesn't advise pulling your money out. It's too difficult to time the market. History has shown those who stay in, win. His own portfolio remains 50% in stocks (Vanguard funds, of course) and 50% in bonds.

Hot Warren Buffett Stocks To Watch For 2019: Atlantic American Corporation(AAME)

Advisors' Opinion:
  • [By Joseph Griffin]

    Media headlines about Atlantic American (NASDAQ:AAME) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Atlantic American earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.9140395368088 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

  • [By Logan Wallace]

    Atlantic American (NASDAQ: AAME) and Swiss Re (OTCMKTS:SSREY) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, risk, institutional ownership, dividends, profitability, valuation and analyst recommendations.

Hot Warren Buffett Stocks To Watch For 2019: First Horizon National Corporation(FHN)

Advisors' Opinion:
  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on First Horizon National (FHN)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Motley Fool Staff]

    First Horizon National (NYSE:FHN) Q2 2018 Earnings Conference CallJul. 17, 2018 9:30 a.m. ET

    Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

    Operator

  • [By Max Byerly]

    Zurcher Kantonalbank Zurich Cantonalbank increased its position in First Horizon National Co. (NYSE:FHN) by 26.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,122 shares of the financial services provider’s stock after buying an additional 3,761 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in First Horizon National were worth $341,000 at the end of the most recent quarter.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on First Horizon National (FHN)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By ]

    In an "Executive Decision" segment, Cramer sat down with Bryan Jordan, chairman, president and CEO of First Horizon National (FHN) , the Tennessee-based regional bank that just posted a three-cents-a-share earnings beat with net interest margins up 52 basis points.

Hot Warren Buffett Stocks To Watch For 2019: INTL FCStone Inc.(INTL)

Advisors' Opinion:
  • [By Shane Hupp]

    INTL FCStone (NASDAQ:INTL) was upgraded by investment analysts at TheStreet from a “c” rating to a “b-” rating in a note issued to investors on Monday.

  • [By Logan Wallace]

    INTL FCStone (NASDAQ:INTL) released its earnings results on Tuesday. The financial services provider reported $1.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.20, Bloomberg Earnings reports. INTL FCStone had a positive return on equity of 3.32% and a negative net margin of 0.02%.

  • [By Ethan Ryder]

    BlackRock Inc. grew its holdings in shares of INTL Fcstone Inc (NASDAQ:INTL) by 6.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,339,611 shares of the financial services provider’s stock after acquiring an additional 150,475 shares during the period. BlackRock Inc. owned about 12.37% of INTL Fcstone worth $120,980,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Joseph Griffin]

    Dimensional Fund Advisors LP trimmed its stake in shares of INTL Fcstone Inc (NASDAQ:INTL) by 1.3% during the first quarter, Holdings Channel reports. The fund owned 877,501 shares of the financial services provider’s stock after selling 11,320 shares during the quarter. Dimensional Fund Advisors LP’s holdings in INTL Fcstone were worth $37,452,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    INTL Fcstone (NASDAQ:INTL) and OTC Markets Group (OTCMKTS:OTCM) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, earnings, dividends, institutional ownership, valuation, risk and profitability.

  • [By Motley Fool Transcribers]

    Intl FCStone Inc  (NASDAQ:INTL)Q1 2019 Earnings Conference CallFeb. 07, 2019, 9:00 a.m. ET

    Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

    Operator

Hot Warren Buffett Stocks To Watch For 2019: Medtronic plc(MDT)

Advisors' Opinion:
  • [By Logan Wallace]

    Medtronic (NYSE: MDT) and Soleno Therapeutics (NASDAQ:SLNO) are both medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, valuation, analyst recommendations, dividends, earnings and institutional ownership.

  • [By Ethan Ryder]

    Mark Sheptoff Financial Planning LLC lowered its holdings in Medtronic PLC (NYSE:MDT) by 75.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,973 shares of the medical technology company’s stock after selling 5,916 shares during the quarter. Mark Sheptoff Financial Planning LLC’s holdings in Medtronic were worth $169,000 as of its most recent SEC filing.

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage gain ahead of the close was Medtronic PLC (NYSE: MDT) which traded up about 6% at $95.29. The stock's 52-week range is $76.41 to $95.79. Volume was nearly 14 million compared to the daily average volume of 4.5 million.

  • [By Max Byerly]

    ProVise Management Group LLC acquired a new stake in Medtronic PLC (NYSE:MDT) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,450 shares of the medical technology company’s stock, valued at approximately $210,000.

  • [By Brian Feroldi]

    Mazor Robotics (NASDAQ:MZOR) reported its first-quarter results on Monday, May 14. Last quarter, the robotic surgery company's management warned investors that 2018 was going to be a "transition" year because of its decision to strike a significant commercial deal with medical device giant Medtronic (NYSE: MDT). Management said that the deal was a huge win for the company, but it was going to result in "modest revenue growth" in 2018.

Hot Warren Buffett Stocks To Watch For 2019: Encana Corporation(ECA)

Advisors' Opinion:
  • [By Max Byerly]

    Here are some of the news stories that may have effected Accern Sentiment’s rankings:

    Get Encana alerts: Encana Corp (ECA) Rising Higher 7.95% Over the Past Four Weeks (fisherbusinessnews.com) Encana Corporation (ECA) Most Active Stock Price trades 19.10% off from 200- SMA (nasdaqchronicle.com) Mid-Day Movers –: Encana Corporation (NYSE:ECA), CSX Corporation (NASDAQ:CSX), MGIC Investment Corporation … (journalfinance.net) Featured Stock: Encana Corporation (ECA) (stockquote.review) Active Stock Evaluation – Encana Corporation (NYSE: ECA) (financerater.com)

    ECA has been the subject of a number of research analyst reports. Morgan Stanley raised shares of Encana from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $15.00 to $18.00 in a report on Wednesday, January 24th. Evercore ISI raised shares of Encana from an “in-line” rating to an “outperform” rating and upped their price target for the company from $10.84 to $16.00 in a report on Wednesday, March 7th. Zacks Investment Research downgraded shares of Encana from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Scotiabank raised shares of Encana from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $13.00 to $14.00 in a report on Friday, February 16th. Finally, Goldman Sachs cut their price target on shares of Encana from $17.25 to $14.00 and set a “buy” rating for the company in a report on Friday, April 13th. Two analysts have rated the stock with a sell rating, two have given a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $15.28.

  • [By Stephan Byrd]

    Cenovus Energy (NYSE:CVE) and Encana (NYSE:ECA) are both large-cap oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, profitability, dividends, earnings and analyst recommendations.

  • [By Ethan Ryder]

    Electra (CURRENCY:ECA) traded down 22.1% against the dollar during the 1 day period ending at 11:00 AM Eastern on August 14th. One Electra coin can currently be purchased for approximately $0.0004 or 0.00000007 BTC on cryptocurrency exchanges including Cryptohub, CryptoBridge, Cryptopia and Novaexchange. In the last seven days, Electra has traded 36.7% lower against the dollar. Electra has a total market capitalization of $11.78 million and approximately $119,848.00 worth of Electra was traded on exchanges in the last day.