Friday, August 3, 2018

Why Floor & Decor Holdings Inc. Stock Fell Today

What happened

Shares of flooring retailer Floor & Decor (NYSE:FND) took a hit Thursday, falling as much as 22.3%. At the time of this writing, shares are down 15%.

The stock's pullback is likely primarily due to Floor & Decor's lower-than-expected revenue and its reduced outlook for the full year. Floor & Decor lowered its outlook for revenue, comparable-store sales growth, and adjusted earnings per share.

A chalkboard sketch of a stock price falling

Image source: Getty Images.

So what

Floor & Decor reported revenue and non-GAAP EPS of $434.3 million and $0.27, respectively.�On average, analysts were expecting revenue and non-GAAP EPS of about $436 million and $0.25.�These metrics compare to revenue of $334 million and non-GAAP EPS of $0.20 in the year-ago quarter.

CEO Tom Taylor was happy with the quarter's performance, which saw comparable-store sales growth of 11.4% when including approximately 280 basis points of benefit in the year-over-year comparison because of the hurricane in Houston in the year-ago quarter. "Our new stores' first-year sales and profitability have never been higher, and this reinforces our confidence in the 400-store opportunity we see for Floor & Decor," Taylor said.

Now what

Floor & Decor said it expected third-quarter revenue between $427 million and $433 million and non-GAAP EPS between $0.21 and $0.23. On average, analysts were expecting third-quarter revenue of $435 million and non-GAAP EPS of $0.24.

The company's revised full-year guidance calls for revenue between $1.696 billion and $1.710 billion, comps growth of 9% to 10%, and non-GAAP EPS between $0.93 and $0.96. Management previously expected these metrics to come in at $1.705 to $1.735 billion, 9.5% to 11.5%, and $0.93 to $1.01, respectively.

Thursday, August 2, 2018

Tanger Factory Outlet Centers Offers an In-Line Quarter

Tanger Factory Outlet Centers Inc.�(NYSE:SKT)�announced solid second-quarter 2018 results on Tuesday after the market closed, detailing flat top-line growth but also continued high occupancy rates, an increased dividend, and a reiteration of full-year guidance.

Let's look at the results of this the retail outlet-center REIT�to get a better idea both of the state of the business and what investors should be watching in the coming quarters.

Tanger Outlets sign tower with an outlet mall in the background

Image source: Tanger Factory Outlet Centers.

Tanger Factory Outlets results: The raw numbers Metric

Q2 2018

Q2 2018

Year-Over-Year Growth

Revenue

$119.7 million

$119.6 million

0%

Net income available to Tanger common shareholders

$22.7 million

$29.1 million

(22%)

Net income per diluted share

$0.24

$0.31

(22.6%)

Data source: Tanger Factory Outlet Centers.

What happened with Tanger Factory Outlets this quarter? Adjusted funds from operations -- a real-estate industry metric that essentially measures Tanger's cash flow from operations -- declined 0.6% year over year to $59.1 million but grew 1.7% on a per-share basis to $0.60. Trailing-12-month (TTM) blended average rental rates grew 14% on a straight-line basis, and 5.8% on a cash basis, excluding strategic remerchandising costs. Consolidated portfolio occupancy was 95.6%, down from 95.9% last quarter and 96.1% at the same point last year. TTM average tenant sales productivity was flat on a year-over-year basis, at $383 per square foot. Same-center tenant sales increased 1% for the trailing 12 months ended June 30. Tanger commenced 358 leases totaling 1.7 million square feet renewed or released during the quarter, including 296 leases totaling 1.4 million square feet for a term of at least 12 months. Tanger recaptured 68,000 square feet related to bankruptcies and brandwide restructurings among retailers during the quarter.� Tanger repurchased 476,000 common shares for $10 million, or an average price of $21.01 per share. Earlier this month, Tanger raised its annual cash dividend by 2.2% to $1.40 per share, marking its 25th consecutive annual dividend increase. What management had to say

Tanger CEO Steven Tanger stated:

Consumers continue to seek the brands and value that we provide at our centers, as seen in the year-over-year sales increase. Additionally, customers are reacting positively to our enhanced efforts to bring experience and fun to shopping with events such as food truck festivals and family fun nights. We continue to�work hard to maintain our high occupancy, extend shorter-term leases with quality long-term tenants, and pursue new prospects for our centers. As we look ahead, we maintain an unwavering focus on creating shareholder value by procuring the right tenant mix for our consumers, and providing retailers with a quality yet cost-effective distribution channel.

Looking forward

As such, Tanger Factory Outlets reiterated its previous full-year 2018 guidance, which calls for net income per diluted share in the range of $0.95 to $1.01, and funds from operations per share of $2.40 to $2.46.

In the end, there were no big surprises this quarter, and -- after last quarter's relative pain induced by those retailer bankruptcies -- that's a good thing for patient, long-term investors willing to collect Tanger's juicy 5.8% dividend while the company traverses these headwinds.

Wednesday, August 1, 2018

FirstEnergy (FE) Downgraded to “Hold” at Zacks Investment Research

Zacks Investment Research lowered shares of FirstEnergy (NYSE:FE) from a buy rating to a hold rating in a report published on Wednesday.

According to Zacks, “In a year’s time, shares of FirstEnergy have gained against a decline of its industry.  FirstEnergy is now reporting as a fully regulated utility company and maintained its operating guidance for the year. FirstEnergy’s modernization drive and ambitious Energizing the Future plan is processing well and is aimed at upgrading its transmission capabilities. Inspection and regular maintenance keep its infrastructure ready for providing quality services to customers. FirstEnergy's transformational investment will help strengthen its balance sheet by lowering existing debts.  However, the risks of unplanned outages and stringent regulatory norms are some of the headwinds. Any delay in completion of the ongoing capital project could hurt its operation and profitability, going forward.”

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Other research analysts have also issued research reports about the company. Morgan Stanley raised their price objective on FirstEnergy from $35.00 to $37.00 and gave the company a buy rating in a research report on Monday, April 16th. ValuEngine lowered FirstEnergy from a buy rating to a hold rating in a research report on Thursday, May 17th. Barclays began coverage on FirstEnergy in a research report on Tuesday, July 10th. They set an equal weight rating and a $39.00 price objective for the company. Mizuho upgraded FirstEnergy from a neutral rating to a buy rating in a research report on Monday, May 7th. Finally, Wells Fargo & Co upgraded FirstEnergy from a market perform rating to an outperform rating and raised their price objective for the company from $27.93 to $34.30 in a research report on Monday, April 30th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of Buy and an average target price of $36.48.

Shares of FE stock opened at $35.31 on Wednesday. FirstEnergy has a 52-week low of $29.33 and a 52-week high of $37.00. The company has a quick ratio of 0.40, a current ratio of 0.46 and a debt-to-equity ratio of 2.32. The firm has a market capitalization of $16.84 billion, a price-to-earnings ratio of 11.93, a price-to-earnings-growth ratio of 2.47 and a beta of 0.26.

FirstEnergy (NYSE:FE) last issued its quarterly earnings results on Monday, April 23rd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.68 by ($0.01). FirstEnergy had a positive return on equity of 22.52% and a negative net margin of 5.33%. The business had revenue of $2.90 billion during the quarter, compared to analysts’ expectations of $3.36 billion. During the same quarter in the previous year, the company posted $0.78 EPS. The company’s quarterly revenue was down 18.4% on a year-over-year basis. analysts expect that FirstEnergy will post 2.38 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Saturday, September 1st. Investors of record on Tuesday, August 7th will be given a $0.36 dividend. The ex-dividend date of this dividend is Monday, August 6th. This represents a $1.44 annualized dividend and a yield of 4.08%. FirstEnergy’s dividend payout ratio is currently 46.91%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FE. Raymond James & Associates grew its position in FirstEnergy by 13.9% in the fourth quarter. Raymond James & Associates now owns 117,381 shares of the utilities provider’s stock worth $3,594,000 after acquiring an additional 14,288 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its position in FirstEnergy by 5.1% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 75,185 shares of the utilities provider’s stock worth $2,302,000 after acquiring an additional 3,657 shares in the last quarter. LPL Financial LLC grew its position in FirstEnergy by 98.4% in the fourth quarter. LPL Financial LLC now owns 38,475 shares of the utilities provider’s stock worth $1,178,000 after acquiring an additional 19,078 shares in the last quarter. Jane Street Group LLC grew its position in FirstEnergy by 23.4% in the fourth quarter. Jane Street Group LLC now owns 30,853 shares of the utilities provider’s stock worth $945,000 after acquiring an additional 5,853 shares in the last quarter. Finally, BB&T Securities LLC grew its position in FirstEnergy by 2.9% in the fourth quarter. BB&T Securities LLC now owns 66,606 shares of the utilities provider’s stock worth $2,039,000 after acquiring an additional 1,874 shares in the last quarter. Institutional investors own 95.06% of the company’s stock.

FirstEnergy Company Profile

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates coal-fired, nuclear, hydroelectric, oil and natural gas, wind, and solar power generating facilities.

See Also: Book Value Per Share in Stock Trading

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Analyst Recommendations for FirstEnergy (NYSE:FE)

Sunday, July 22, 2018

Parag Foods Q1 PAT seen up 48.8% YoY to Rs. 15.7 cr: KR Choksey


KR Choksey has come out with its first quarter (April-June�� 18) earnings estimates for the FMCG sector. The brokerage house expects Parag Foods to report net profit at Rs. 15.7 crore up 48.8% year-on-year (up 40.1% quarter-on-quarter).


Net Sales are expected to increase by 12.2 percent Y-o-Y (down 10.5 percent Q-o-Q) to Rs. 463.2 crore, according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.5 percent Y-o-Y (up 39.5 percent Q-o-Q) to Rs. 33.4 crore.


Disclaimer: The views and investment tips expressed by investment experts 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 Jul 22, 2018 06:04 pm

Saturday, July 21, 2018

3 Macroeconomic Trends You Need To Know Now

The stock market has been climbing the wall of worry since the end of June when significant technical support at the 200-day simple moving average was violated on the downside. Since the plunge, the Dow Jones Industrial Average has rocketed above both the 50 and 200-day simple moving averages appearing to be on its way to test resistance in the 250 zone. �

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The craziest thing is the stock market is moving higher in the face of extraordinary bearish pressures. �

A brewing trade war with China, daily shocks from the White House, and geopolitical tensions can't seem to damper the bullish enthusiasm.

How can this be possible?
The reason is there are major macroeconomic trends that are crushing the day-to-day bearish economic chaos. These trends are so dominant that there is little that can interfere outside of an extreme, unexpected systematic shock. This article will explain the three major economic trends fueling the super bull market.

1. Low Global Interest Rates
Interest rates are a prime driver of stock prices.� Globally, interest rates have been ultra-low as central banks scramble to help their economies prosper.� Prime examples include a zero percent rate with the European Central Bank, a negative 0.75% rate in the Swiss economy and a 2% rate in the United States. At latest count, 17 out of 26 major central banks lowered interest rates at their last change. �

Wait, isn't the world's largest economy raising rates now?

Yes, the United States has entered a regime of climbing rates.� However, the Federal Reserve is well aware of how interest rates affect the stock market and overall economy.

While it is generally believed that climbing interest rates are damaging to the stock market, the truth is very different.

Evidence shows that it is the velocity and surprise factor of interest rate hikes that control how the stock market reacts. Over the last six significant periods of raising rates, the S&P 500 rallied 23% on average, according to a CNBC study.

Remember, the Fed is raising rates since the economy is rapidly expanding.� A growing economy is the ultimate bullish scenario.� As stated earlier, the Fed is cautious with the gentle rate increases by telegraphing them well in advance. �

For now, the lowest global interest rate trend, despite the upticks, remains a tremendous tailwind for stocks. �

2. Economic Growth
Ever-improving technology combined with higher consumer demand across most sectors has triggered an era of robust economic growth.� Gross domestic product (GDP) is one way to measure growth.� It is viewed over time via trends rather than a simple snapshot.

Helping gain an overall perspective, TradingEconomics.com provides an excellent historical look at U.S. GDP: "GDP Growth Rate in the United States averaged 3.21 percent from 1947 until 2018, reaching an all-time high of 16.90 percent in the first quarter of 1950 and a record low of -10 percent in the first quarter of 1958."

While the growth rate from 2010 to 2016 averaged around 2%, it has jumped to an average of 2.5% over the last eighteen months.

While it is good to see the U.S. GDP trending higher, what has me most bullish is global growth in emerging markets

First, let's take a look at Asia. The Asian Development Bank (ADB) has kept its growth estimates at 5.9-6.0% despite the pending Chinese tariffs.� However, the ADB did add that clear risk exists should the tariff threat escalate. �

According to FMG Funds, the prime factor in the bullish global growth outlook from 2017 to 2018 is the emerging market sector. Emerging markets are projected to expand at an estimated 4.9% in 2018 and is forecast to reach 5% for 2019. Growth is predicted to continue into 2021 at 5.1%. �

Perhaps the most bullish factor for emerging markets growth is equity valuations.� Presently, emerging market equities boast a cyclically adjusted P/E multiple of around 12.8 times. The long-term average is 25 times -- indicating that emerging market stocks are trading at an incredible discount. When compared with developed markets, emerging markets trade at approximately 23% discount. I expect the discount to continue to attract significant institutional allocations pushing the sector higher over the long term.

Not only will the emerging markets growth trend continue to lead the global economy higher, but significant opportunities also exist in the sector for all investors!

3. Consumer Confidence
Consumer confidence is a prime driver of economic growth and stock prices.� Confident consumers spend money, which in turn fuels economic expansion, leading to the subsequent improvement in corporate bottom lines. Consumer spending is a huge factor, accounting for 70% of U.S. economic.

The metric soared to 130 in February 2018 marking the highest level in nearly two decades. The trend of consumer confidence riding near record highs is a macro trend that will continue to push stocks higher.

Risks To Consider: Despite my bullish optimism, no one knows what the future holds. Always use stops and position size wisely when investing!

Action To Take: Stay long and consider diversifying into emerging markets.

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Friday, July 20, 2018

VF (VFC) Upgraded at JPMorgan Chase & Co.

VF (NYSE:VFC) was upgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued on Monday, MarketBeat reports. The firm presently has a $78.00 target price on the textile maker’s stock. JPMorgan Chase & Co.’s target price indicates a potential downside of 11.87% from the company’s previous close.

A number of other research firms also recently weighed in on VFC. Bank of America upgraded VF from an “underperform” rating to a “buy” rating and set a $96.00 target price on the stock in a report on Friday, July 13th. Canaccord Genuity reiterated a “buy” rating and set a $92.00 target price on shares of VF in a report on Thursday, July 12th. Deutsche Bank began coverage on VF in a report on Thursday, July 12th. They set a “buy” rating and a $93.00 target price on the stock. UBS Group started coverage on VF in a report on Thursday, June 21st. They set a “neutral” rating and a $89.00 target price on the stock. Finally, Goldman Sachs Group started coverage on VF in a research note on Monday, June 25th. They issued a “buy” rating and a $96.00 price target on the stock. Ten investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $85.13.

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VF opened at $88.51 on Monday, MarketBeat reports. VF has a fifty-two week low of $55.51 and a fifty-two week high of $89.23. The company has a current ratio of 1.49, a quick ratio of 0.90 and a debt-to-equity ratio of 0.60. The company has a market cap of $33.66 billion, a price-to-earnings ratio of 29.70, a PEG ratio of 2.41 and a beta of 0.93.

VF (NYSE:VFC) last posted its earnings results on Friday, May 4th. The textile maker reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. VF had a return on equity of 34.05% and a net margin of 5.24%. The firm had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.91 billion. During the same quarter in the prior year, the business earned $0.52 EPS. The business’s revenue for the quarter was up 21.8% on a year-over-year basis. analysts expect that VF will post 3.54 EPS for the current year.

In related news, VP Kevin Bailey sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, May 14th. The stock was sold at an average price of $77.42, for a total value of $1,161,300.00. Following the transaction, the vice president now directly owns 54,571 shares of the company’s stock, valued at approximately $4,224,886.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Steven E. Rendle sold 74,180 shares of the company’s stock in a transaction that occurred on Friday, May 18th. The shares were sold at an average price of $80.12, for a total value of $5,943,301.60. Following the completion of the transaction, the chairman now directly owns 257,070 shares in the company, valued at $20,596,448.40. The disclosure for this sale can be found here. Insiders sold a total of 220,900 shares of company stock worth $17,948,688 in the last 90 days. 1.72% of the stock is currently owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. Berkshire Asset Management LLC PA bought a new position in VF in the 2nd quarter valued at approximately $232,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH lifted its position in VF by 582.5% in the 2nd quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 42,996 shares of the textile maker’s stock valued at $3,538,000 after acquiring an additional 36,696 shares in the last quarter. Assenagon Asset Management S.A. bought a new position in VF in the 2nd quarter valued at approximately $1,496,000. Campbell & CO Investment Adviser LLC bought a new position in VF in the 2nd quarter valued at approximately $236,000. Finally, CX Institutional bought a new position in VF in the 2nd quarter valued at approximately $194,000.

VF Company Profile

V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia Pacific. It operates through four segments: Outdoor & Action Sports, Jeanswear, Imagewear, and Other.

Read More: Should you buy a closed-end mutual fund?

Analyst Recommendations for VF (NYSE:VFC)

Thursday, July 19, 2018

WD-40 Company Continues to Grow, but Perhaps Not Fast Enough

The message you get when you read through an investor presentation deck for the WD-40 Company (NASDAQ:WDFC) is growth. The North Star for management is to grow its revenue to $700 million annually by 2025 while maintaining its current margins. So when looking at the company's earnings reports, the first thing that any investor is going to look at is the revenue growth rate.

This past quarter, the WD-40 Company was able to post a significant uptick in sales from the prior quarter, but it is still well off the pace it needs to be at to meet management's goals. Here's a brief look at the company's most recent earnings numbers and how investors in this company may want to view the possibility of management not meeting this lofty sales goal.

WD-40's suite of products.

Image source: The WD-40 Company

By the numbers Metric Q3 2018 Q2 2018 Q3 2017
Revenue $107.0 million $101.2 million $98.1 million
Operating income $22.3 million $19.3 million $20.6 million
Net income $16.1 million $14.8 million $14.4 million
EPS $1.15 $1.05 $1.02

Data source: WD-40 Company earnings release. EPS = Earnings per share.

I think it's fair to say that WD-40 is posting relatively healthy revenue growth. 9% year-over-year growth is certainly nothing to scoff at, especially for a business as mature and selling something as simple as WD-40. A lot of that gain, however, came from beneficial foreign currency exchange rates. Over the long haul, currency exchange rates tend to become a wash, so it's not great to rely on them for continued growth. Backing out the foreign exchange gain, revenue for the quarter was up 5% year over year. It's certainly better than the prior quarter's tepid growth numbers, but it is still well short of the numbers it has to put up if it wants to meet management's stated goal of $700 million in annual sales by 2025.

The one thing that has remained�consistent for some time is management's ability to generate earnings-per-share growth that outpaces revenue growth thanks to share repurchases. While the amount of stock repurchased in the quarter was rather low, the board approved another $75 million in purchases that will allow management to continue its trend of reducing its share count.�

WDFC Average Diluted Shares Outstanding (Quarterly) Chart

WDFC Average Diluted Shares Outstanding (Quarterly). Data source:�YCharts.

What management had to say�

One of WD-40s most effective levers to pull when it comes to driving sales is to leverage the WD-40 brand into other products, which so far has been one of the more successful�aspects of the business. Here's CEO Garry Ridge discussing some of the high points in the company's sales numbers and some of the challenges it will face in the upcoming quarters. (You can check out a full transcript of the company's conference call here).

Our maintenance products delivered solid sales increases in the third quarter including 10 percent growth of WD-40 Multi-Use Product and 16 percent growth of WD-40 Specialist. Though fluctuating foreign currency exchange rates favorably impacted our sales results in the current quarter, we still saw a currency adjusted sales growth rate of 5 percent period-over-period.

Unfortunately, we are continuing to see the impact of higher commodity prices which have begun to deteriorate our gross margins in all three of our operating segments. To combat this margin pressure we have made some price increases to ensure our gross margin remains in-line with our 55/30/25 business model.

A quick note, the 55/30/25 refers to a management initiative that means a 55% gross margin, 30% cost of doing business, and 25% EBITDA margin.

WDFC Chart

WDFC price change. Data source:�YCharts.

Ten-second takeaway

There is an awful lot to like about WD-40 as a business. High margins, high rates of return, it's an asset-light business that doesn't require constant investment, and management has been adept at increasing shareholder value with regular dividend hikes and a reduced share count.�

One does have to wonder, though, if management is going to be able to meet these lofty revenue goals, and how much does it matter to the investment thesis for the company? While it isn't ideal that its growth lags the pace it needs to meet that revenue goal, maintaining a pace of 5%-6% sales growth paired with persistent share repurchases�should continue to produce double-digit earnings per share gains. For a mature business and product like WD-40, how much more can you really ask for?�

Tuesday, July 10, 2018

Spectrum Pharmaceuticals (SPPI) Rating Lowered to Hold at Zacks Investment Research

Spectrum Pharmaceuticals (NASDAQ:SPPI) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Thursday.

According to Zacks, “Spectrum Pharma is expected to file a BLA for its lead pipeline candidate, Rolontis in 2018. A potential approval will boost the prospect of the company. However, Spectrum has faced regulatory setbacks in the past including a CRL for Qapzola (bladder cancer) in the United States. Additional regulatory/development setbacks could affect the stock. However, out-licensing agreements for a number of products will allow Spectrum to focus on the development of its pipeline candidates. Spectrum’s shares have outperformed the industry in past one year. However, Spectrum's low product sales remain a cause of concern. Moreover, gaining market share is challenging for Spectrum as it competes with several companies with greater financial strength.”

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SPPI has been the subject of several other reports. TheStreet lowered Spectrum Pharmaceuticals from a “c-” rating to a “d+” rating in a research report on Friday, March 16th. ValuEngine raised Spectrum Pharmaceuticals from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. BidaskClub lowered Spectrum Pharmaceuticals from a “hold” rating to a “sell” rating in a research report on Wednesday, April 4th. Finally, HC Wainwright reaffirmed a “buy” rating and set a $33.00 target price on shares of Spectrum Pharmaceuticals in a research report on Friday, June 29th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Spectrum Pharmaceuticals has an average rating of “Buy” and an average price target of $27.20.

Shares of Spectrum Pharmaceuticals opened at $22.14 on Thursday, MarketBeat.com reports. The firm has a market cap of $2.22 billion, a P/E ratio of -20.44 and a beta of 1.98. Spectrum Pharmaceuticals has a 12-month low of $7.12 and a 12-month high of $23.50.

Spectrum Pharmaceuticals (NASDAQ:SPPI) last announced its earnings results on Thursday, May 3rd. The biotechnology company reported ($0.16) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.35) by $0.19. The business had revenue of $30.50 million during the quarter, compared to analyst estimates of $25.68 million. Spectrum Pharmaceuticals had a negative return on equity of 29.47% and a negative net margin of 64.39%. Spectrum Pharmaceuticals’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company earned ($0.14) EPS. equities research analysts anticipate that Spectrum Pharmaceuticals will post -0.91 earnings per share for the current year.

In other Spectrum Pharmaceuticals news, Director Rajesh C. Md Shrotriya sold 12,300 shares of the stock in a transaction dated Monday, April 9th. The stock was sold at an average price of $15.01, for a total transaction of $184,623.00. Following the completion of the sale, the director now directly owns 200,652 shares in the company, valued at approximately $3,011,786.52. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Rajesh C. Md Shrotriya sold 30,000 shares of the stock in a transaction dated Wednesday, April 11th. The stock was sold at an average price of $20.30, for a total value of $609,000.00. Following the sale, the director now owns 200,652 shares of the company’s stock, valued at $4,073,235.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 646,417 shares of company stock valued at $11,440,813. 9.35% of the stock is owned by corporate insiders.

Institutional investors have recently modified their holdings of the business. Teacher Retirement System of Texas acquired a new stake in shares of Spectrum Pharmaceuticals in the 4th quarter valued at about $541,000. California Public Employees Retirement System grew its stake in shares of Spectrum Pharmaceuticals by 31.1% in the 4th quarter. California Public Employees Retirement System now owns 204,113 shares of the biotechnology company’s stock valued at $3,868,000 after buying an additional 48,413 shares during the period. Swiss National Bank grew its stake in shares of Spectrum Pharmaceuticals by 7.3% in the 4th quarter. Swiss National Bank now owns 144,000 shares of the biotechnology company’s stock valued at $2,729,000 after buying an additional 9,800 shares during the period. Wells Fargo & Company MN grew its stake in shares of Spectrum Pharmaceuticals by 2.6% in the 4th quarter. Wells Fargo & Company MN now owns 973,812 shares of the biotechnology company’s stock valued at $18,454,000 after buying an additional 24,522 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Spectrum Pharmaceuticals by 10.7% in the 4th quarter. The Manufacturers Life Insurance Company now owns 66,341 shares of the biotechnology company’s stock valued at $1,257,000 after buying an additional 6,396 shares during the period. Hedge funds and other institutional investors own 77.15% of the company’s stock.

About Spectrum Pharmaceuticals

Spectrum Pharmaceuticals, Inc develops and commercializes oncology and hematology drug products. The company markets six drug products, including FUSILEV for patients with metastatic colorectal cancer and rescue after high-dose methotrexate therapy in osteosarcoma, and to diminish toxicity and counteract the effects of impaired methotrexate elimination and of inadvertent overdosage of folic acid antagonists; FOLOTYN, a folate analogue metabolic inhibitor for peripheral T-cell lymphoma (PTCL); ZEVALIN injection for patients with B-cell non-Hodgkin's lymphoma; MARQIBO, a sphingomyelin/cholesterol liposome-encapsulated formulation for adult patients with Philadelphia chromosome-negative acute lymphoblastic leukemia; BELEODAQ injection for PTCL; and EVOMELA for use as a conditioning treatment prior to autologous stem cell transplant in multiple myeloma patients.

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Monday, July 9, 2018

Top China Stocks To Watch For 2019

tags:SINA,FMCN,BIDU,TISA, Related FXI China's Manufacturing Sector Just Hit A 51-Month Low What If S&P Downgraded China? The King Of All Reversal Trades Has Arrived (Seeking Alpha)

This weekend marks a crucial moment for the Chinese government, as it is set to unveil its new five-year economic plan during its annual session of the national legislature. The world will be paying especially close attention to this year’s plan. Fears surrounding the stability of China’s economy and the durability of China’s economic growth have been the driving force behind elevated global economic fears in recent months.

Top China Stocks To Watch For 2019: Sina Corporation(SINA)

Advisors' Opinion:
  • [By Leo Sun]

    But as the U.S. market remains stuck in neutral, Chinese tech stocks have thrived, sparked by impressive growth figures and their detachment from U.S.-centered issues. Let's examine three stocks in that industry which have already rallied more than 30% this month -- Baozun (NASDAQ:BZUN), Weibo (NASDAQ:WB), and SINA (NASDAQ:SINA).

  • [By Ethan Ryder]

    Eagle Global Advisors LLC decreased its position in Sina Corp (NASDAQ:SINA) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,875 shares of the technology company’s stock after selling 1,595 shares during the period. Eagle Global Advisors LLC owned about 0.12% of Sina worth $8,850,000 at the end of the most recent quarter.

  • [By Steve Symington]

    Shares of SINA Corp. (NASDAQ:SINA) were down 10.2% as of 3:30 p.m. EDT Wednesday despite strong first-quarter 2018 results from the Chinese internet media company.

  • [By Ethan Ryder]

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

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

  • [By Leo Sun]

    Shares of Weibo (NASDAQ:WB) and its parent SINA (NASDAQ:SINA) tumbled 14% and 10%, respectively, after posting their first quarter results on May 9. The sell-off was surprising, since both companies easily beat analyst expectations.

Top China Stocks To Watch For 2019: Focus Media Holding Limited(FMCN)

Advisors' Opinion:
  • [By Stephan Byrd]

    An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.1% against its face value during trading on Tuesday. The debt issue has a 7.5% coupon and is set to mature on April 1, 2025. The debt is now trading at $97.63 and was trading at $98.50 last week. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price.

Top China Stocks To Watch For 2019: Baidu Inc.(BIDU)

Advisors' Opinion:
  • [By Danny Vena]

    Chinese streaming giant iQiyi Inc. (NASDAQ:IQ)�was recently spun off from China's search leader Baidu Inc. (NASDAQ:BIDU), raising an estimated $2.25 billion in the process.�

  • [By Dan Caplinger]

    The stock market didn't see much volatility on Friday, with most major benchmarks finishing the session very close to where they had started. Without much in the way of market-moving news on the national or global front, most investors instead paid attention to the cross-currents involved with monthly options expirations. Some other parts of the financial markets were more interesting, with bond yields easing a bit lower after their big upward push earlier in the week and oil prices taking a break from their recent surge. Yet some individual companies suffered from bad news that sent their shares lower. Baidu (NASDAQ:BIDU), GameStop (NYSE:GME), and Opko Health (NASDAQ:OPK) were among the worst performers on the day. Here's why they did so poorly.

  • [By Motley Fool Staff]

    In this segment from the Motley Fool Money podcast, host Chris Hill is joined by Jason Moser of Million Dollar Portfolio, David Kretzmann of Hidden Gems Canada, and Aaron Bush of Motley Fool Rule Breakers to address a listener's question: What's the best Chinese stock for long-term investors? The team likes Baidu (NASDAQ:BIDU), commonly referred to as "the Google of China," as well as Tencent (NASDAQOTH:TCEHY), the company behind the extremely popular messaging and social media app WeChat.

  • [By Chris Hill]

    Hill:�We'll stick with video for a minute or two longer. Now that�iQiyi�is public --�you've talked about this before, is this of interest to you? Is this a stock you've already bought, or it's on the watch list? And for those who don't know, iQiyi was�essentially spun out of Baidu (NASDAQ:BIDU). So, the Google of China spins out the Netflix of China. And as you said before, it seems like, if nothing else, it's a win for Baidu shareholders, because Baidu still has the ownership stake.

  • [By Rick Munarriz]

    Shares of Baidu�(NASDAQ:BIDU)�were hitting all-time highs last week, but after they tumbled 15% over the past three trading days, it's easy to wonder if they will be revisiting Wednesday's high-water mark anytime soon. China's leading search engine has seen its stock come under pressure after its COO announced late last week that he would be stepping down.

Top China Stocks To Watch For 2019: Top Image Systems Ltd.(TISA)

Advisors' Opinion:
  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

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

Friday, July 6, 2018

Hot Penny Stocks To Watch For 2019

tags:UMH,RDC,CNR,RMCF,FFNW,CPHI,

Vancouver-based mineral exploration and development company Kootenay Zinc Corp. (OTCQB:KTNNF)(CSE:ZNK.CN)(CSE:ZNK)(FRANKFURT:KYH) is currently in the process of developing a massive new greenfield mining megaproject that if successful would trigger a significant adjustment in the configuration of North American zinc production. Dubbed ��Sully�� in homage to the nearby Sullivan Deposit��itself an iconic Canadian mine and one of the world��s most productive of its kind for over a century��the new project would give Kootenay exclusive rights to begin operations to extract one of the top-performing global commodities in recent years on a sprawling 1,375ha site. Located just 30km away from the original Sullivan Deposit, Sully exhibits promising physical anomalies of the same order as those observed at the original Sullivan mine that point to massive sedimentary exhalative (SEDEX) deposits, so a positive outlook on this penny stock is not without merit.

Hot Penny Stocks To Watch For 2019: UMH Properties Inc.(UMH)

Advisors' Opinion:
  • [By Lisa Levin]

    Wednesday afternoon, the real estate shares surged 0.56 percent. Meanwhile, top gainers in the sector included Armada Hoffler Properties, Inc. (NYSE: AHH), up 3 percent, and UMH Properties, Inc. (NYSE: UMH) up 3 percent.

  • [By Joseph Griffin]

    WINTON GROUP Ltd bought a new stake in UMH PROPERTIES/SH SH (NYSE:UMH) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 86,705 shares of the real estate investment trust’s stock, valued at approximately $1,163,000. WINTON GROUP Ltd owned about 0.24% of UMH PROPERTIES/SH SH as of its most recent SEC filing.

Hot Penny Stocks To Watch For 2019: Rowan Companies Inc.(RDC)

Advisors' Opinion:
  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers MDC Partners Inc. (NASDAQ: MDCA) fell 23.4 percent to $5.25 in pre-market trading after a first-quarter earnings miss. Hudson Technologies Inc. (NASDAQ: HDSN) shares fell 15.1 percent to $3.48 in pre-market trading after the company reported downbeat Q1 earnings. Nuance Communications, Inc. (NASDAQ: NUAN) fell 14 percent to $13.15 in pre-market trading after the company posted downbeat Q2 earnings and lowered FY18 organic growth guidance. Myomo, Inc. (NYSE: MYO) fell 13.2 percent to $3.10 in pre-market trading after reporting downbeat quarterly results. Rowan Companies plc (NYSE: RDC) shares fell 10.7 percent to $14.13 in pre-market trading after climbing 8.50 percent on Wednesday. BT Group plc (NYSE: BT) fell 9 percent to $14.80 in pre-market trading after the company reported Q4 results and announced plans to cut 13,000 jobs over the next three years. Exelixis, Inc. (NASDAQ: EXEL) fell 8.3 percent to $19.90 in pre-market trading after the company disclosed that IMblaze370 Phase 3 pivotal trial of atezolizumab and cobimetinib in patients with heavily pretreated locally advanced or metastatic colorectal cancer did not meet primary endpoint. Infinera Corporation (NASDAQ: INFN) fell 8.2 percent to $10.80 in pre-market trading after reporting Q1 results. Synaptics, Incorporated (NASDAQ: SYNA) shares fell 7.4 percent to $43.00 in pre-market trading. Synaptics reported better-than-expected earnings for its third quarter, while sales missed estimates. Randgold Resources Limited (NASDAQ: GOLD) shares fell 7.4 percent to $76.23 in pre-market trading after reporting Q1 earnings. Integra LifeSciences Holdings Corporation (NASDAQ: IART) shares fell 7 percent to $59.36 in pre-market trading. Integra LifeSciences priced its 5.25 million share public offering of common stock at $58.50 per share. Array BioPharma Inc. (NASDAQ: ARRY) shares fell 6.9 percent to $12.75 in pre-m
  • [By Max Byerly]

    Shares of Rowan Companies PLC (NYSE:RDC) rose 0.8% during mid-day trading on Thursday . The company traded as high as $16.36 and last traded at $16.09. Approximately 144,835 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 2,492,971 shares. The stock had previously closed at $16.22.

  • [By Shane Hupp]

    California Public Employees Retirement System reduced its position in Rowan Companies PLC (NYSE:RDC) by 5.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 656,438 shares of the oil and gas company’s stock after selling 41,386 shares during the quarter. California Public Employees Retirement System owned 0.52% of Rowan Companies worth $7,575,000 as of its most recent SEC filing.

Hot Penny Stocks To Watch For 2019: China Metro-Rural Holdings Limited(CNR)

Advisors' Opinion:
  • [By Joseph Griffin]

    Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have been given an average recommendation of “Buy” by the eleven research firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$109.36.

  • [By Shane Hupp]

    Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp cut its position in Canadian National Railway (NYSE:CNI) (TSE:CNR) by 21.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,956,400 shares of the transportation company’s stock after selling 522,300 shares during the period. Canadian National Railway accounts for about 1.7% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 7th biggest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp owned 0.27% of Canadian National Railway worth $184,215,000 at the end of the most recent reporting period.

  • [By Shane Hupp]

    Wall Street analysts expect that Canadian National Railway (NYSE:CNI) (TSE:CNR) will announce $1.02 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Canadian National Railway’s earnings, with the highest EPS estimate coming in at $1.06 and the lowest estimate coming in at $0.97. Canadian National Railway reported earnings per share of $1.00 in the same quarter last year, which would suggest a positive year over year growth rate of 2%. The company is expected to announce its next quarterly earnings results on Tuesday, July 24th.

Hot Penny Stocks To Watch For 2019: Rocky Mountain Chocolate Factory Inc.(RMCF)

Advisors' Opinion:
  • [By Ethan Ryder]

    Rocky Mountain Chocolate Factory (NASDAQ: RMCF) and Tootsie Roll Industries (NYSE:TR) are both small-cap retail/wholesale companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, profitability, dividends and analyst recommendations.

  • [By Max Byerly]

    Rocky Mountain Chocolate Factory (NASDAQ: RMCF) and Tootsie Roll Industries (NYSE:TR) are both small-cap retail/wholesale companies, but which is the better investment? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, earnings, profitability and institutional ownership.

Hot Penny Stocks To Watch For 2019: First Financial Northwest Inc.(FFNW)

Advisors' Opinion:
  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on First Financial Northwest (FFNW)

    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 First Financial Northwest (FFNW)

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

Hot Penny Stocks To Watch For 2019: China Pharma Holdings Inc.(CPHI)

Advisors' Opinion:
  • [By Logan Wallace]

    These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

    Get Scynexis alerts: Steady Activities: SCYNEXIS, Inc. (NASDAQ:SCYX), LPL Financial Holdings Inc. (NASDAQ:LPLA) (oracleexaminer.com) Do Analysts Think You Should Buy �� SCYNEXIS Inc (NASDAQ: SCYX) (stockspen.com) Notable Runner: SCYNEXIS, Inc. (SCYX) (nasdaqplace.com) Most Active Stocks Now: SCYNEXIS, Inc. (NASDAQ:SCYX), China Pharma Holdings, Inc. (NYSE:CPHI), Kala … (journalfinance.net) Overview on price to free cash flow: SCYNEXIS, Inc. (NASDAQ:SCYX), InfuSystem Holdings Inc. (NYSE:INFU) (stocksnewspoint.com)

    Several research analysts have recently issued reports on the company. Roth Capital assumed coverage on Scynexis in a research note on Tuesday, May 8th. They set a “buy” rating and a $6.00 price target for the company. Seaport Global Securities assumed coverage on Scynexis in a research note on Tuesday, April 10th. They set a “buy” rating and a $4.00 price target for the company. Zacks Investment Research raised Scynexis from a “hold” rating to a “buy” rating and set a $1.25 price target for the company in a research note on Tuesday, May 8th. HC Wainwright assumed coverage on Scynexis in a research note on Monday, May 7th. They set a “buy” rating and a $5.00 price target for the company. Finally, ValuEngine raised Scynexis from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Scynexis currently has an average rating of “Buy” and an average target price of $4.45.

Thursday, July 5, 2018

Accenture Plc (ACN) Chairman & CEO Pierre Nanterme Sold $5.3 million of Shares

Chairman & CEO of Accenture Plc (NYSE:ACN) Pierre Nanterme sold 32,376 shares of ACN on 07/02/2018 at an average price of $162.39 a share. The total sale was $5.3 million.

Accenture PLC is a professional service company. It provides consulting, technology and outsourcing services to Communications, Media and Technology, Financial services, Health and Public service, Products and Resources segments. Accenture PLC has a market cap of $104.77 billion; its shares were traded at around $163.34 with a P/E ratio of 26.18 and P/S ratio of 2.65. The dividend yield of Accenture PLC stocks is 1.62%. Accenture PLC had annual average EBITDA growth of 10.00% over the past ten years. GuruFocus rated Accenture PLC the business predictability rank of 4.5-star.

CEO Recent Trades:

Chairman & CEO Pierre Nanterme sold 32,376 shares of ACN stock on 07/02/2018 at the average price of $162.39. The price of the stock has increased by 0.59% since.

Directors and Officers Recent Trades:

Group Chief Exec-Products 't Noordende Alexander M Van sold 6,500 shares of ACN stock on 07/02/2018 at the average price of $162.37. The price of the stock has increased by 0.6% since.Grp Chief Exec-Com, Med & Tech Robert E Sell sold 3,750 shares of ACN stock on 07/02/2018 at the average price of $162.34. The price of the stock has increased by 0.62% since.Group Chief Exec-Resources Jean-marc Ollagnier sold 1,439 shares of ACN stock on 07/02/2018 at the average price of $162.39. The price of the stock has increased by 0.59% since.General Counsel and CCO Chad T Jerdee sold 1,141 shares of ACN stock on 07/02/2018 at the average price of $162.3. The price of the stock has increased by 0.64% since.COO Johan Deblaere sold 5,000 shares of ACN stock on 07/02/2018 at the average price of $162.36. The price of the stock has increased by 0.6% since.

For the complete insider trading history of ACN, click here

.

Wednesday, July 4, 2018

Navios Maritime Midstream Partners (NAP) Lowered to Strong Sell at ValuEngine

ValuEngine lowered shares of Navios Maritime Midstream Partners (NYSE:NAP) from a sell rating to a strong sell rating in a research note published on Monday morning.

NAP has been the topic of several other research reports. JPMorgan Chase & Co. lowered Navios Maritime Midstream Partners from a neutral rating to an underweight rating and set a $7.00 price objective on the stock. in a research note on Friday, March 23rd. TheStreet lowered Navios Maritime Midstream Partners from a c rating to a d+ rating in a research note on Monday, May 7th. Citigroup dropped their price objective on Navios Maritime Midstream Partners from $6.50 to $4.50 and set a neutral rating on the stock in a research note on Friday, May 4th. Finally, Zacks Investment Research upgraded Navios Maritime Midstream Partners from a sell rating to a hold rating in a research note on Wednesday, April 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $5.25.

Get Navios Maritime Midstream Partners alerts:

NYSE:NAP opened at $3.60 on Monday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 5.88 and a current ratio of 5.88. The company has a market capitalization of $80.15 million, a price-to-earnings ratio of 5.14 and a beta of 1.19. Navios Maritime Midstream Partners has a 12-month low of $3.26 and a 12-month high of $10.70.

Navios Maritime Midstream Partners (NYSE:NAP) last released its quarterly earnings data on Thursday, May 3rd. The shipping company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.05). The business had revenue of $19.78 million during the quarter, compared to the consensus estimate of $19.45 million. Navios Maritime Midstream Partners had a negative net margin of 20.37% and a positive return on equity of 5.21%. equities research analysts predict that Navios Maritime Midstream Partners will post 0.69 EPS for the current fiscal year.

An institutional investor recently raised its position in Navios Maritime Midstream Partners stock. Virtu Financial LLC lifted its position in shares of Navios Maritime Midstream Partners LP (NYSE:NAP) by 139.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,693 shares of the shipping company’s stock after purchasing an additional 20,183 shares during the period. Virtu Financial LLC owned 0.16% of Navios Maritime Midstream Partners worth $330,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 6.76% of the company’s stock.

Navios Maritime Midstream Partners Company Profile

Navios Maritime Midstream Partners L.P. owns, operates, and acquires crude oil tankers, refined petroleum product tankers, chemical tankers, and liquefied petroleum gas tankers. The company provides seaborne shipping services through its vessels under long-term employment contracts to international oil companies, refiners, and large vessel operators.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Tuesday, May 29, 2018

Intel's CEO Talks Stock Sale, Manufacturing, and Artificial Intelligence

On May 17, chip giant�Intel�(NASDAQ:INTC) hosted its annual shareholder meeting. CEO Brian Krzanich spent a good deal of time talking about the company's overall strategy and its performance in executing toward that strategy. The executive also answered questions from shareholders.�

Here, I'll go over three items from the event that I think potential and current Intel shareholders should pay close attention to.�

An Intel Core X processor.

Image source: Intel.

1. Krzanich's big stock sale

Last year, Krzanich sold a significant amount of stock -- all but the minimum number of shares he's required to hold under Intel's bylaws. This sale caught my attention at the time because it seemed to suggest that Krzanich wasn't too positive about the prospects for Intel stock.�

During the shareholder meeting, one investor asked, "Does Brian's recent stock sell reflect his confidence in Intel's future?"�

Here's how Krzanich responded:

Well, I hope you saw in my five-year report card and my strategic portion of my presentation just the great results that we have, my pride in what the organization has really delivered, and my excitement. That's really addressing that $260 billion [total addressable market] moving forward. So I couldn't be more excited about Intel's future than I am now, and I've been at this company for 35-plus years. I think our brightest days are ahead, from our products, to the organization, to just about everything about this company. So I can say absolutely the sale is not a reflection at all of my confidence in the company. Intel continues to be my largest single holding, and I continue to hold above the required level that the company has for me. So, no, this is -- my view of the company is stronger today than it ever has been in my 35 years here.

This answer was, for the most part, entirely predictable: What else could he have reasonably said? As far as his statement that he continues to hold more shares than what Intel's bylaws require him to, this is true. However, as of May 1, when Krzanich's automated stock sale program kicked in�and sold another batch of shares, he owned 253,590 shares of Intel. That's just 3,590 more shares than he's required to -- hardly confidence inspiring.�

By contrast, former Intel CEO Paul Otellini held 338,229.77 shares indirectly via a trust for both himself and his spouse, as well as an additional 728,265 shares directly, as of Dec. 19, 2012. Former Intel executive David Perlmutter, who was in the running to replace Otellini but ultimately lost out to Krzanich, held 587,872.15 shares as of his final filing with the SEC before he left the company.�

My point is, other Intel executives, including the company's last CEO as well as someone in the running for Krzanich's spot, showed more confidence in the company by holding substantially more shares than Intel's bylaws required.�

2. Manufacturing technology

Another topic that Krzanich discussed was the company's manufacturing technology. As you may know, Intel disclosed during its most recent earnings conference call that it had delayed the mass production of chips using its 10-nanometer manufacturing process until sometime in 2019, from the second half of 2018 previously.�

During the shareholder meeting, Krzanich talked about the company's progress around 10nm:�"Today, it's shipping in low volume. We talked about at the earnings call that the yields on this product haven't come up as quickly as we wanted to, and our goal is to really deliver [these] cost-effective, high-yielding 10nm parts."�

By way of definition, "yields" refers to the percentage of the chips manufactured that work well enough to be salable. If yields on a technology are too low, a company potentially faces higher-than-expected product cost structures (which hurt gross profit margin) as well as potential supply issues.�

Krzanich went on to say that the company intends to continue to use its older 14nm technology to build "cost-effective, high-yielding, high-performance parts that still provide the best performance out there."�

He then added that the company thinks that it understands the issues around its 10nm technology, and that it believes that it knows "how to progress forward and deliver the 10-nanometer yields as we move into 2019."�

Later during the question-and-answer session, one shareholder asked Krzanich if the issues around its 10nm technology would hurt the company's 7nm schedule. Krzanich reiterated what he said on the company's most recent earnings call: Intel is being less aggressive in trying to reduce chip area in going from 10nm to 7nm than it was in going from 14nm to 10nm, and it'll have access to more advanced lithography tools -- so the company doesn't expect the issues that plagued 10nm to hurt 7nm.

3. Artificial intelligence strategy

Krzanich was asked about the company's strategy "for leading in artificial intelligence."�

Krzanich's answer was quite long. He started by saying that Intel views AI as "a broad spectrum of products and workloads,"�suggesting that investors can't think about AI as just a single workload.�

He went on to talk about how Intel has a wide portfolio of products targeting various AI applications, including both specialized AI chips as well as its standard Xeon processors (which are increasingly being endowed with capabilities to support AI workloads).�

"So, we think about artificial intelligence across that spectrum and are developing products for all of those segments," he said.�

Ultimately, Krzanich seems to be describing very much a "shotgun approach" to AI, in contrast to what other, arguably more successful, companies are doing to go after this same market.�

We'll have to wait and see how this strategy works out for Intel.

Saturday, May 26, 2018

Top 10 Financial Stocks For 2018

tags:KKR,MCBC,PNBK,WFC,MGYR,OLP,BNCL,ONB,NRIM,SAFT,

Forget the pundits—they totally blew the call on this election. And I sure hope you didn’t take their stock advice, either.

Ahead of the vote, one economics professor said the market would drop 7% if Trump won. Another analyst said you should go to cash “if you’re not already there.”

I could go on.

If you followed that advice, you’ve missed a 2.1% rise in the S&P 500 since Election Day. It’s worse if you were overweight financials, as the sector has been on an absolute tear, with the iShares US Financials ETF (IYF) surging 7.0%.

Sad!

But not surprising, as banks will benefit most from higher interest rates—and a selloff in the bond market has pushed the yield on the 10-year Treasury to around 2.25% from 1.87% on November 8.

Top 10 Financial Stocks For 2018: KKR(KKR)

Advisors' Opinion:
  • [By Motley Fool Staff]

    KKR (NYSE:KKR) Q1 2018 Earnings Conference CallMay. 3, 2018 11:00 a.m. ET

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

    Operator

  • [By WWW.GURUFOCUS.COM]

    For the details of Jeff Ubben's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Jeff+Ubben

    These are the top 5 holdings of Jeff UbbenTwenty-First Century Fox Inc (FOX) - 53,326,334 shares, 18.41% of the total portfolio. Alliance Data Systems Corp (ADS) - 5,877,400 shares, 15.07% of the total portfolio. CBRE Group Inc (CBG) - 24,916,923 shares, 10.92% of the total portfolio. Shares reduced by 13.72%KKR & Co LP (KKR) - 47,750,000 shares, 10.18% of the total portfolio. Shares added by 4.82%Morgan Stanley (MS) - 17,959,620 shares,
  • [By ]

    Kohlberg Kravis Roberts (KKR) : "I'm a buyer. I've respected them for generations. "

    Mitek Systems (MITK) : "This one is too speculative for me. I'd buy NVIDIA (NVDA) ."

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on KKR & Co. L.P. (KKR)

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

  • [By ]

    In the Lightning Round, Cramer was bullish on Spotify (SPOT) , Alkermes (ALKS) , Johnson & Johnson (JNJ) , Thermo Fisher Scientific (TMO) , Sorrento Therapeutics (SRNE) , NVIDIA (NVDA) , Nucor, Eli Lilly (LLY) and Kohlberg Kravis Roberts (KKR) .

Top 10 Financial Stocks For 2018: Macatawa Bank Corporation(MCBC)

Advisors' Opinion:
  • [By Ethan Ryder]

    BidaskClub upgraded shares of Macatawa Bank (NASDAQ:MCBC) from a buy rating to a strong-buy rating in a research note released on Friday morning.

    Separately, Hovde Group set a $11.00 price target on Macatawa Bank and gave the stock a hold rating in a research report on Monday, January 29th.

Top 10 Financial Stocks For 2018: Patriot National Bancorp Inc.(PNBK)

Advisors' Opinion:
  • [By Shane Hupp]

    Patriot National Bancorp (NASDAQ: PNBK) and Community Bank, N.A. (NYSE:CBU) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, earnings, valuation, institutional ownership, risk, analyst recommendations and profitability.

Top 10 Financial Stocks For 2018: Wells Fargo & Company(WFC)

Advisors' Opinion:
  • [By ]

    Here's a lesson Wells Fargo & Co. (WFC) CEO Tim Sloan appears to have learned: Be nice to your customers.

    The San-Francisco bank has paid about $2 billion in fines and extra legal costs to resolve allegations that it used overly aggressive sales practices over the past decade, including opening millions of accounts without customers' knowledge and charging auto borrowers for insurance they didn't need.

  • [By ]

    In Tuesday's Kass Insider I remarked that there are a number of factors contributing to my cautious near-term market view:

    Narrow Market Leadership. We're back to a market that's basically led by the FAANGs -- Facebook (FB) , Amazon (AMZN) , Apple (AAPL) , Netflix (NFLX) and Google/Alphabet (GOOG) , (GOOGL) . Facebook, Amazon, Apple and Alphabet are holdings in Jim Cramer's Action Alerts PLUS. Rising Short-Term Interest Rates. The 2-year U.S. note yield is up about 1.3 basis points at 2.39%. Complacency. I'm seeing more investor complacency -- anecdotally, in the business media and elsewhere -- ever since market's main indices rallied off of their recent lows. Gold. The rise in gold looks solid. I'm currently long the SPDR Gold Shares ETF (GLD) . Lackluster Banks. We're seeing disappointing action in the financials. However, I continue to buy them. I'm long Bank of America (BAC) , Citigroup (C) , JPMorgan Chase (JPM) and Wells Fargo (WFC) , although I'm shorting Goldman Sachs (GS) .

  • [By Shah Gilani]

    The dirt at Wells Fargo & Co. (NYSE: WFC) knows no depths. Last week, yet another example of systemic fraud was unearthed.

    From 2017 through early 2018, employees at the Systemically Important Financial Institution (SIFI) fraudulently altered social security numbers, addresses, and dates of birth on thousands of corporate customer documents.

  • [By ]

    So where do you find them? Well, preferred stocks trade just like common shares on one of the major stock exchanges. They are a popular fundraising tool for companies that need capital to grow and expand, but don't want to borrow or issue more common stock. Well-known businesses like Ford Motor (NYSE: F), General Electric (NYSE: GE), Wells Fargo (NYSE: WFC) and T-Mobile (Nasdaq: TMUS) have all issued preferred stock.�

  • [By ]

    Buffett's investment in banking is even more interesting that the overall over-weighting appears. Berkshire cut its position in Wells Fargo & Company (NYSE: WFC) to come in under 10% ownership last quarter but still holds $24.7 billion in shares, it's second-largest holding. At the industry-level, Berkshire added to its banking position with 3.7 million shares of US Bancorp (NYSE: USB) and 1.4 million shares of Bank of New York Mellon (NYSE: BK).

Top 10 Financial Stocks For 2018: Magyar Bancorp Inc.(MGYR)

Advisors' Opinion:
  • [By Ethan Ryder]

    Media headlines about Magyar Bancorp (NASDAQ:MGYR) have been trending somewhat positive on Friday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Magyar Bancorp earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 48.0770691063571 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Top 10 Financial Stocks For 2018: One Liberty Properties Inc.(OLP)

Advisors' Opinion:
  • [By Joseph Griffin]

    One Liberty Properties, Inc. (NYSE:OLP) VP Justin Clair sold 3,100 shares of the company’s stock in a transaction dated Monday, May 21st. The stock was sold at an average price of $25.00, for a total value of $77,500.00. Following the completion of the transaction, the vice president now directly owns 32,566 shares in the company, valued at $814,150. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Top 10 Financial Stocks For 2018: Beneficial Mutual Bancorp Inc.(BNCL)

Advisors' Opinion:
  • [By Joseph Griffin]

    Media coverage about Beneficial Bancorp (NASDAQ:BNCL) has trended positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Beneficial Bancorp earned a news impact score of 0.38 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.8699493506664 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

  • [By Ethan Ryder]

    BidaskClub upgraded shares of Beneficial Bancorp (NASDAQ:BNCL) from a sell rating to a hold rating in a report released on Tuesday morning.

    Shares of Beneficial Bancorp opened at $16.35 on Tuesday, MarketBeat.com reports. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $1.23 billion, a P/E ratio of 31.44 and a beta of 0.55. Beneficial Bancorp has a fifty-two week low of $14.40 and a fifty-two week high of $17.50.

Top 10 Financial Stocks For 2018: Old National Bancorp Capital Trust I(ONB)

Advisors' Opinion:
  • [By Ethan Ryder]

    Old National Bancorp (NASDAQ:ONB) Director Katherine E. White sold 1,064 shares of the company’s stock in a transaction dated Wednesday, May 16th. The shares were sold at an average price of $17.80, for a total transaction of $18,939.20. Following the transaction, the director now owns 1,243 shares in the company, valued at approximately $22,125.40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Top 10 Financial Stocks For 2018: Northrim BanCorp Inc(NRIM)

Advisors' Opinion:
  • [By Stephan Byrd]

    Capitol Federal Financial (NASDAQ: CFFN) and Northrim BanCorp (NASDAQ:NRIM) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, risk, earnings, profitability, valuation and dividends.

Top 10 Financial Stocks For 2018: Safety Insurance Group Inc.(SAFT)

Advisors' Opinion:
  • [By Jordan Wathen]

    Safety Insurance Group (NASDAQ:SAFT) reported that winter weather activity and an accounting change were drags on its first-quarter results, though a lower tax rate was a net positive to the Massachusetts-based insurance company.�

Friday, May 25, 2018

Engineers Gate Manager LP Lowers Stake in United Rentals, Inc. (URI)

Engineers Gate Manager LP lowered its stake in shares of United Rentals, Inc. (NYSE:URI) by 14.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,646 shares of the construction company’s stock after selling 625 shares during the quarter. Engineers Gate Manager LP’s holdings in United Rentals were worth $630,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of United Rentals by 1.1% during the 4th quarter. BlackRock Inc. now owns 6,041,996 shares of the construction company’s stock valued at $1,038,679,000 after purchasing an additional 63,992 shares in the last quarter. Amundi Pioneer Asset Management Inc. boosted its stake in shares of United Rentals by 42.0% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 1,524,419 shares of the construction company’s stock valued at $262,063,000 after purchasing an additional 450,646 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of United Rentals by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 922,079 shares of the construction company’s stock valued at $158,196,000 after purchasing an additional 32,235 shares in the last quarter. Fred Alger Management Inc. boosted its stake in shares of United Rentals by 17.4% during the 4th quarter. Fred Alger Management Inc. now owns 500,674 shares of the construction company’s stock valued at $86,071,000 after purchasing an additional 74,241 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its stake in shares of United Rentals by 275.6% during the 4th quarter. Allianz Asset Management GmbH now owns 488,452 shares of the construction company’s stock valued at $83,969,000 after purchasing an additional 358,413 shares in the last quarter. Hedge funds and other institutional investors own 85.60% of the company’s stock.

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In other United Rentals news, CEO Michael Kneeland sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, April 20th. The shares were sold at an average price of $169.00, for a total value of $5,070,000.00. Following the completion of the transaction, the chief executive officer now directly owns 249,925 shares in the company, valued at $42,237,325. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO William B. Plummer sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $187.88, for a total transaction of $9,394,000.00. Following the completion of the transaction, the chief financial officer now owns 55,926 shares of the company’s stock, valued at $10,507,376.88. The disclosure for this sale can be found here. Over the last quarter, insiders sold 82,864 shares of company stock valued at $14,991,556. Company insiders own 1.00% of the company’s stock.

Shares of URI stock opened at $167.41 on Friday. United Rentals, Inc. has a 12 month low of $100.62 and a 12 month high of $190.74. The company has a market cap of $13.94 billion, a price-to-earnings ratio of 15.81, a price-to-earnings-growth ratio of 0.58 and a beta of 2.56. The company has a debt-to-equity ratio of 2.75, a current ratio of 0.97 and a quick ratio of 0.92.

United Rentals (NYSE:URI) last announced its earnings results on Wednesday, April 18th. The construction company reported $2.87 EPS for the quarter, beating the Zacks’ consensus estimate of $2.34 by $0.53. The business had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.68 billion. United Rentals had a net margin of 20.23% and a return on equity of 39.19%. The firm’s revenue was up 27.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.63 earnings per share. research analysts predict that United Rentals, Inc. will post 15.53 earnings per share for the current year.

United Rentals declared that its board has approved a stock buyback plan on Wednesday, April 18th that allows the company to buyback $1.25 billion in shares. This buyback authorization allows the construction company to reacquire up to 9.1% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

A number of equities research analysts have recently weighed in on the stock. UBS lifted their target price on shares of United Rentals from $150.00 to $196.00 and gave the company a “neutral” rating in a research note on Friday, January 26th. Buckingham Research lifted their target price on shares of United Rentals from $175.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, January 26th. Bank of America lifted their target price on shares of United Rentals from $195.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Royal Bank of Canada boosted their price objective on shares of United Rentals from $194.00 to $214.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. Finally, Stifel Nicolaus boosted their price objective on shares of United Rentals from $171.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, January 26th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. United Rentals currently has an average rating of “Hold” and an average price target of $188.64.

United Rentals Profile

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power, and Pump. The General Rentals segment engages in the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools.

Want to see what other hedge funds are holding URI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Rentals, Inc. (NYSE:URI).

Institutional Ownership by Quarter for United Rentals (NYSE:URI)

Thursday, May 24, 2018

Eros International Media surges 17% on strong show in March quarter

Shares of Eros International Media surged more than 17 percent intraday Thursday on the back of robust fourth quarter earnings.

The company has registered 85 percent growth in its Q4 net profit at Rs 58.69 crore against Rs 31.67 crore in a year ago period.

Revenue from operation was up 29 percent at Rs 233.77 crore from Rs 180.62 core.

EBITDA or operating profit was up 130 percent at Rs 90 crore and margin was up at 37 percent.

Sunil Lulla, Executive Vice Chairman & MD of Eros International Media said, "As the dynamics of the country change with connectivity at the core of distribution we are uniquely positioned to leverage these trends with content being the key driving force. Our strategy of a content driven approach reflected in a robust green lighting process enables us to de-risk our model.��

At 12:34 hrs Eros International Media was quoting at Rs 135.20, up Rs 15.65, or 13.09 percent on the BSE.

Posted by Rakesh Patil

Wednesday, May 23, 2018

Itron (ITRI) Major Shareholder Purchases $6,772,414.86 in Stock

Itron (NASDAQ:ITRI) major shareholder Scopia Capital Management Lp purchased 114,129 shares of the company’s stock in a transaction dated Monday, May 21st. The stock was purchased at an average price of $59.34 per share, for a total transaction of $6,772,414.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

NASDAQ ITRI opened at $58.90 on Wednesday. The firm has a market cap of $2.35 billion, a P/E ratio of 19.25, a P/E/G ratio of 0.94 and a beta of 1.00. The company has a current ratio of 1.46, a quick ratio of 1.13 and a debt-to-equity ratio of 1.57. Itron has a fifty-two week low of $57.96 and a fifty-two week high of $79.95.

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Itron (NASDAQ:ITRI) last released its earnings results on Monday, May 14th. The scientific and technical instruments company reported $0.13 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.13. The company had revenue of $607.00 million for the quarter, compared to the consensus estimate of $575.74 million. Itron had a positive return on equity of 13.59% and a negative net margin of 4.85%. Itron’s quarterly revenue was up 27.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.57 earnings per share. equities research analysts anticipate that Itron will post 3.02 EPS for the current year.

ITRI has been the topic of a number of research reports. ValuEngine downgraded Itron from a “buy” rating to a “hold” rating in a research note on Monday, April 23rd. Canaccord Genuity upgraded Itron from a “hold” rating to a “buy” rating and raised their price target for the stock from $78.00 to $84.00 in a research note on Tuesday, February 27th. Macquarie initiated coverage on Itron in a research note on Thursday, March 22nd. They issued a “neutral” rating on the stock. Zacks Investment Research downgraded Itron from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd. Finally, JMP Securities set a $108.00 price target on Itron and gave the stock a “buy” rating in a research note on Thursday, March 1st. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $83.36.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Adviser Investments LLC purchased a new position in Itron during the first quarter valued at $139,000. Delpha Capital Management LLC bought a new stake in Itron during the fourth quarter valued at about $134,000. Domini Impact Investments LLC bought a new stake in Itron during the first quarter valued at about $223,000. Xact Kapitalforvaltning AB bought a new stake in Itron during the fourth quarter valued at about $214,000. Finally, CIBC Asset Management Inc bought a new stake in Itron during the fourth quarter valued at about $227,000. Institutional investors own 92.50% of the company’s stock.

About Itron

Itron, Inc, a technology company, provides end-to-end solutions that measures, manages, and analyzes energy and water use worldwide. The company operates through three segments: Electricity, Gas, and Water. It offers standard electromechanical and electronic, gas, and water and heat meters; and smart electricity, gas, and water meters and communication modules.

Insider Buying and Selling by Quarter for Itron (NASDAQ:ITRI)

Tuesday, May 22, 2018

Top Clean Energy Stocks To Watch For 2019

tags:FLOW,HII,FMI,CEA,BPMC,GNT,

January 24, 2018: Here are four stocks trading with heavy volume among 29 equities making new 52-week lows in Wednesday’s session. On the NYSE decliners led advancers by around 8 to 7 and on the Nasdaq, decliners led advancers by more than 9 to 5.

Colony NorthStar Inc. (NYSE: CLNS) traded down about 2.5% Wednesday and posted a new 52-week low of $9.86 after closing Tuesday at $10.11. The 52-week high is $14.74. Volume was over 7.7 million, about double the daily average of 3.5 million shares. The company had no specific news.

Kimco Realty Corp. (NYSE: KIM) dropped about 2% Wednesday to post a 52-week low of $16.26 after closing at $16.60 on Tuesday. The 52-week high is $25.48. Volume was around 4 million, slightly lower than the daily average. The company had no specific news.

Clean Energy Fuels Corp. (NASDAQ: CLNE) dropped about 3.6% Wednesday to post a new 52-week low of $1.62 after closing at $1.68 on Tuesday. The stock’s 52-week high is $3.12. Volume was about 2 million, about 30% above the daily average of around 1.3 million. The company had no specific news.

Top Clean Energy Stocks To Watch For 2019: SPX FLOW, Inc.(FLOW)

Advisors' Opinion:
  • [By Joseph Griffin]

    FLOW stock traded up $0.73 on Wednesday, hitting $49.98. The company had a trading volume of 169,639 shares, compared to its average volume of 297,149. Flow International has a 12-month low of $31.10 and a 12-month high of $54.92.

    ILLEGAL ACTIVITY NOTICE: “$478.00 Million in Sales Expected for Flow International Corp (FLOW) This Quarter” was reported by Ticker Report and is owned by of Ticker Report. If you are reading this article on another website, it was illegally copied and republished in violation of international copyright and trademark laws. The original version of this article can be viewed at https://www.tickerreport.com/banking-finance/3362833/478-00-million-in-sales-expected-for-flow-international-corp-flow-this-quarter-2.html.

    About Flow International

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Spx Flow (FLOW)

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

Top Clean Energy Stocks To Watch For 2019: Huntington Ingalls Industries, Inc.(HII)

Advisors' Opinion:
  • [By Michael A. Robinson]

    On Feb. 16, Huntington Ingalls Industries Inc. (NYSE: HII) snagged a massive $1.43 billion contract to design and build the LPD 29, a San Antonio-class amphibious transport dock.

  • [By Max Byerly]

    Huntington Ingalls Industries (NYSE: HII) and Marine Products (NYSE:MPX) are both aerospace companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, valuation, analyst recommendations, profitability and earnings.

  • [By Lou Whiteman]

    Shares of Huntington Ingalls Industries (NYSE:HII) plunged more than 8% on May 3 after the company reported first quarter earnings that came in well below analyst estimates. The shipbuilder had been climbing steadily higher leading up to earnings season, propelled by increased Pentagon spending and calls from the Trump Administration to dramatically expand the U.S. Navy.

  • [By Ethan Ryder]

    Spectrum Asset Management Inc. NB CA acquired a new stake in Huntington Ingalls Industries (NYSE:HII) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,995 shares of the aerospace company’s stock, valued at approximately $972,000.

  • [By ]

    Huntington Ingalls (HII) : "I want you to take some profits."

    GlaxoSmithKline (GSK) : "I like Glaxo. I think they're doing a fantastic job."

Top Clean Energy Stocks To Watch For 2019: Foundation Medicine, Inc.(FMI)

Advisors' Opinion:
  • [By Todd Campbell]

    Technology stocks are staples in growth portfolios because of their eye-popping revenue growth, but technology isn't the only sector of the stock market that boasts fast-growing companies. For example, many healthcare stocks are growing at rates that Silicon Valley would envy. In fact, Foundation Medicine (NASDAQ:FMI), Exelixis Corp (NASDAQ:EXEL), and Teladoc (NYSE:TDOC) all reported year-over-year sales growth north of 100% in first-quarter 2018.

Top Clean Energy Stocks To Watch For 2019: China Eastern Airlines Corporation Ltd.(CEA)

Advisors' Opinion:
  • [By Lisa Levin] Gainers Sanmina Corp (NASDAQ: SANM) shares rose 15.2 percent to $31.90 in pre-market trading as the company reported stronger-than-expected earnings for its second quarter on Monday. Cadence Design Systems, Inc. (NASDAQ: CDNS) rose 12.4 percent to $41.30 in pre-market trading after the company posted upbeat Q1 results and issued a strong Q2 forecast. Aeglea BioTherapeutics, Inc. (NASDAQ: AGLE) rose 10.8 percent to $8.75 in pre-market trading. Mitel Networks Corporation (NASDAQ: MITL) rose 8.8 percent to $11.05 in pre-market trading after the company agreed to be acquired by affiliates of Searchlight Capital Partners for $2.0 billion. Galectin Therapeutics, Inc. (NASDAQ: GALT) rose 7.3 percent to $3.70 in pre-market trading. Riot Blockchain, Inc. (NASDAQ: RIOT) shares rose 6.9 percent to $7.00 in pre-market trading after declining 1.50 percent on Monday. Hallmark Financial Services, Inc. (NASDAQ: HALL) rose 6.5 percent to $10.68 in pre-market trading. Boot Barn Holdings, Inc. (NYSE: BOOT) rose 5.2 percent to $20.40 in pre-market trading after gaining 4.53 percent on Monday. New Oriental Education & Technology Group Inc. (NYSE: EDU) rose 5 percent to $91.16 in pre-market trading after reporting Q3 results. Shire plc (NASDAQ: SHPG) rose 5 percent to $167.98 in pre-market trading after Bloomberg reported that Takeda is nearing a preliminary agreement to acquire Shire after sweetened bid. Outfront Media Inc. (NYSE: OUT) shares rose 5 percent to $19.00 in pre-market trading. Geron Corporation (NASDAQ: GERN) rose 4.3 percent to $4.18 in pre-market trading after gaining 5.80 percent on Monday. SAP SE (NYSE: SAP) rose 3.7 percent to $109.80 in pre-market trading after the company posted strong quarterly results and raised its outlook for the year. Golden Ocean Group Limited (NASDAQ: GOGL) shares rose 3.7 percent to $8.70 in pre-market trading after gaining 1.45 percent on Monday. Deutsche Bank Aktiengesellschaft (NYSE: D

Top Clean Energy Stocks To Watch For 2019: Blueprint Medicines Corporation(BPMC)

Advisors' Opinion:
  • [By Shane Hupp]

    A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BPMC. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Blueprint Medicines by 57.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,866 shares of the biotechnology company’s stock valued at $141,000 after acquiring an additional 680 shares in the last quarter. QS Investors LLC acquired a new position in Blueprint Medicines in the 4th quarter valued at about $173,000. First Mercantile Trust Co. acquired a new position in Blueprint Medicines in the 4th quarter valued at about $183,000. Tower Research Capital LLC TRC grew its position in Blueprint Medicines by 942.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,513 shares of the biotechnology company’s stock valued at $190,000 after acquiring an additional 2,272 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado acquired a new position in Blueprint Medicines in the 4th quarter valued at about $227,000. 97.79% of the stock is owned by institutional investors.

    COPYRIGHT VIOLATION NOTICE: “BidaskClub Downgrades Blueprint Medicines (BPMC) to Hold” was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this report on another site, it was illegally stolen and reposted in violation of international trademark & copyright law. The legal version of this report can be read at https://www.tickerreport.com/banking-finance/3356624/bidaskclub-downgrades-blueprint-medicines-bpmc-to-hold.html.

    Blueprint Medicines Company Profile

  • [By Todd Campbell]

    Investors should also keep their enthusiasm in check because Loxo Oncology isn't alone in targeting TRK fusion and RET mutations:�Roche Holdings (NASDAQOTH:RHHBY) could challenge it in TRK fusions and Blueprint Medicines (NASDAQ:BPMC) could compete with it in RET mutations.�

  • [By Brian Orelli]

    On the downside, Blueprint Medicines (NASDAQ:BPMC)�also is developing a RET targeting drug called BLU-667. The company doesn't seem to be presenting additional data at ASCO, likely because it just released data last month at the American Association for Cancer Research meeting. While it's very hard to make apples-to-apples comparisons across phase 1 trials, BLU-667 doesn't look quite as active, with ORR of 50% percent in patients with NSCLC and 40% in patients with medullary thyroid cancer.

  • [By Stephan Byrd]

    Fernwood Investment Management LLC lessened its holdings in shares of Blueprint Medicines (NASDAQ:BPMC) by 29.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,696 shares of the biotechnology company’s stock after selling 1,120 shares during the period. Fernwood Investment Management LLC’s holdings in Blueprint Medicines were worth $247,000 at the end of the most recent reporting period.

Top Clean Energy Stocks To Watch For 2019: GAMCO Natural Resources, Gold & Income Tust (GNT)

Advisors' Opinion:
  • [By Max Byerly]

    Golem (CURRENCY:GNT) traded 0.3% lower against the US dollar during the twenty-four hour period ending at 21:00 PM Eastern on May 19th. One Golem token can now be bought for approximately $0.51 or 0.00006248 BTC on popular cryptocurrency exchanges including Mercatox, Zebpay, Liqui and Cryptopia. Over the last week, Golem has traded 9.1% lower against the US dollar. Golem has a market cap of $428.99 million and approximately $7.17 million worth of Golem was traded on exchanges in the last 24 hours.