#CSuite John White appointed non-executive chairman of Miller Homes http://bit.ly/2AKvqVS
— Muzaffaruddin Alvi (@Muzaffar1969) December 1, 2017
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Showing posts with label 2017 at 07:55PM. Show all posts
Showing posts with label 2017 at 07:55PM. Show all posts
Friday, December 1, 2017
#CSuite John White appointed non-executive chairman of Miller Homes http://bit.ly/2AKvqVS
Thursday, November 30, 2017
#CSuite Marc Bertrand appointed managing director of Adamson Americas http://bit.ly/2irlZmP
#CSuite Marc Bertrand appointed managing director of Adamson Americas http://bit.ly/2irlZmP
— Muzaffaruddin Alvi (@Muzaffar1969) November 30, 2017
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Monday, June 12, 2017
Chart of the Day: When It Gets Lonely At The Top—-Look Out Below!
EU Advised Theresa May To Call Snap Election Which Could Derail Brexit
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by Disobedient Media Source: Meddling Juncker told Theresa May to call election – which could derail Brexit The President of the European Commission apparently advised the British Prime Minister that her 17-seat majority would…
June 12, 2017 at 07:50PM
from IWB
The Rothschilds own Zimbabwe and Botswana
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by magnora7 Zimbabwe is a land-locked country just across the northeast border of South Africa. It was chartered in 1889 by the Queen of England and the land was given to the “British South…
June 12, 2017 at 07:50PM
from IWB
5 Dividend Growth Stocks that Ensure Safe Returns
Honing in on dividend is a tried-and-true practice during market turbulence. These cash payouts are major sources of consistent income for investors when returns from the equity market are at risk. In particular, stocks that have a strong history of dividend growth as opposed to those that pays high yields form a healthy portfolio with more scope for capital appreciation.
Why is Dividend Growth Better?
Stocks that have a strong history of dividend growth generally act as a hedge against economic or political uncertainty as these belong to mature companies, which are less susceptible to large swings in the market while simultaneously offer downside protection with their consistent increase in payouts.
These stocks pose a sustainable business model, a long track of profitability, rising cash flows, good liquidity, a strong balance sheet and some value characteristics. All these superior fundamentals make dividend growth a promising investment as opposed to their traditional dividend counterparts. Further, a history of strong dividend growth indicates that a future hike is likely. This makes the portfolio healthy and safe.
Furthermore, these have a long history of outperformance over the long term. However, it does not necessarily mean that they have the highest yields.
Here are the screening parameters that could result in a winning dividend growth portfolio:
5-Year Historical Dividend Growth greater than zero: This selects stocks with a solid dividend growth history.
5-Year Historical Sales Growth greater than zero: This represents stocks with a strong record of growing revenue.
5-Year Historical EPS Growth greater than zero: This represents stocks with a solid earnings growth history.
Next 3–5 Year EPS Growth Rate greater than zero: This represents the rate at which a company’s earnings are expected to grow. Improving earnings should help companies sustain dividend payments.
Price/Cash Flow less than M-Industry: A ratio less than M-industry indicates that the stock is undervalued in that industry and that an investor needs to pay less for better cash flow generated by the company.
52-Week Price Change greater than S&P 500 (Market Weight): This ensures that the stock appreciated more than the S&P 500 over the past one year.
Top Zacks Rank: Stocks having a Zacks Rank #1 (Strong Buy) and 2 (Buy) generally outperform their peers in all types of market environment.
VGM Style Score of B or better: This is simply a weighted combination of Value, Growth and Momentum. This when combined with a Zacks Rank #1 or #2 offers the best upside potential.
Here are five of the 19 stocks that fit the bill:
MKS Instruments, Inc. MKSI: This Massachusetts-based company is a leading worldwide developer, manufacturer and supplier of instruments, components and subsystems used to measure, control and analyze gases in semiconductor manufacturing and similar industrial manufacturing processes. The company has seen strong earnings estimate revision of $1.00 over the past 90 days for this year and has an expected earnings growth rate of 63.83%. It has a VGM Style Score of B and sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Hasbro Inc. HAS: This Rhode Island-based company is a worldwide leader in children’s and family leisure time and entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high-tech. It has seen solid earnings estimate revision of 22 cents for this year over the past three months, with an expected earnings growth rate of 9.87%. The stock has a Zacks Rank #2 and a VGM Style Score of A.
Torchmark Corporation TMK: This Texas-based financial services holding company specializes in life and supplemental health insurance for middle-income Americans. The company delivered an average positive earnings surprise of 2.01% in the past four quarters and has an earnings growth rate of 3.04% for this year. The stock has a Zacks Rank #2 with a VGM Style Score of B.
GATX Corporation GATX: This Illinois-based company is the leading global railcar lessor specializing in railcar and locomotive operating leasing, aircraft operating leasing, information technology leasing, and venture finance for customers in diverse industrial sectors worldwide. It has seen solid earnings estimate revision of a nickel for this year over the past three months, and delivered an average positive earnings surprise of 32.81% in the past four quarters. It has a Zacks Rank #2 and a VGM Style Score of B.
Anthem Inc. ANTM: This Indiana-based company operates as a health benefits company in the United States. The stock has seen positive earnings estimate revision of 25 cents over the past 90 days for this year with an expected earnings growth rate of 6.93%. The stock has a Zacks Rank #2 and a VGM Style Score of A.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It’s easy to use. Everything is in plain language. And it’s very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: http://ift.tt/1NQALJw.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
GATX Corporation (GATX): Free Stock Analysis Report
MKS Instruments, Inc. (MKSI): Free Stock Analysis Report
Torchmark Corporation (TMK): Free Stock Analysis Report
Anthem, Inc. (ANTM): Free Stock Analysis Report
Hasbro, Inc. (HAS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
June 12, 2017 at 07:48PM
from Sweta Killa
Stock Market News for June 12, 2017
The Nasdaq tumbled almost 2% on Friday as investors ditched on one of the most profitable trades of the year so far. Large tech stalwarts such as Facebook, Google parent Alphabet, Amazon and Apple all fell more than 3%, while Microsoft slipped 2.3% after Goldman Sachs declared that these five companies’ recent stellar outperformance was potentially overheated. Semiconductors, who make chips for these tech-behemoths, also fell.
The tech selloff triggered market turbulence, with Friday marking the second-busiest trading day for this year. The S&P 500 also edged downward. However, the Dow bucked the declining trade and closed at a record high on Friday. Similarly, only the Dow ended the week with gains among the major benchmarks.
For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street article.
The Dow Jones Industrial Average (DJI) advanced 0.4% to a record close at 21,271.97 after touching an intraday record. The S&P 500 fell 0.1% to close at 2,431.77. The tech-laden Nasdaq Composite Index declined 1.8% to close at 6,207.92. A total of around 8.7 billion shares were traded on Friday, higher than the last 20-session average of 6.7 billion shares. The fear-gauge CBOE Volatility Index (VIX) rose to trade at near 10.7 on Friday. Advancers outnumbered declining stocks on the NYSE by a 1.68 to 1 ratio.
Technology Shares Dragged Down Nasdaq
Nasdaq finished lower on Friday after retreating from a record high, weighed down by technology shares. Investors digested a report from Goldman Sachs GS on technology valuations that sparked selling of technology shares. The tech selloff also increased the market volatility with the VIX gaining more than 5% to finish at 10.70.
Technology shares suffered a major setback following the release of a report from Goldman Sachs which issued warnings on valuations of tech giants such as Facebook FB, Amazon.com AMZN, Apple AAPL, Microsoft MSFT and Alphabet GOOGL.
Goldman Sachs also pointed out that the volatility in these five technology companies is less than not only the S&P 500, but also the utilities and staples sector. As per the report, tech stocks are less volatile, warning investors that they shouldn’t expect the tech stocks to continue to rally for long run. Shares of Apple declined almost 4%, marking its biggest decline since January 2016.
Additionally, a report released from Bloomberg News which highlighted that iPhones would use modem chips with slower download speeds compared to some of its peers’ smartphones also had an adverse impact on investor confidence.
The sharp decline of technology shares, led by drop in shares of Facebook, Amazon, Apple, Microsoft and Alphabet had a negative impact on the broader markets. The broader Technology Select Sector SPDR (XLK) fell 2.5%, and emerged as the worst performing sector of S&P 500. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
Financials and Energy Shares Gain
Financials gained on Friday, following heighened expectations about rate hikes taking place after the Fed meeting scheduled to occur this week. Banks are the first gainers when central bank raises key interest rates. The broader Financials Select Sector SPDR (XLF) advanced 1.9%, emerging as one of the best performing sector of S&P 500. Some of its key holdings including Bank of America Corp BAC and Goldman Sachs Group gained 3.1% and 1.7% respectively.
Meanwhile, WTI crude prices gained by $0.19, or 0.4%, to $45.83 a barrel. The broader Energy Select Sector SPDR (XLE) increased 2.4%.The gains in financial and energy shares helped to trim some losses in the broader markets.
Weekly Roundup
For the week, the Nasdaq and the S&P 500 declined 1.6% and 0.3% respectively while the Dow registered a gain of 0.3%. On Thursday, James Comey’s testimony concluded without any major revelations and the European Central Bank hinted no more interest rate cuts were forthcoming in the short term. Meanwhile, Prime Minister Theresa May’s Conservative party failed to secure a parliamentary majority coming up with 318 seats out of 650. Additionally, investors also digested the Labor Department’s seasonally adjusted initial claims report which fell to 245,000 in the week ending June 3.
Stocks that made Headlines
Encana Inks $735M Deal to Offload Piceance Basin Assets
Canadian natural gas producer Encana Corporation ECA recently clinched a $735 million deal to offload assets in the Piceance Basin on Colorado’s Western Slope. (Read More)
Southern Company’s Vogtle Plant Gets $3.8B Aid from Toshiba
Electric utility firm The Southern Company SO recently entered into an agreement with Japan’s Toshiba Corp. (Read More)
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don’t buy now, you may kick yourself in 2020. Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Southern Company (The) (SO): Free Stock Analysis Report
Bank of America Corporation (BAC): Free Stock Analysis Report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Facebook, Inc. (FB): Free Stock Analysis Report
Alphabet Inc. (GOOGL): Free Stock Analysis Report
Apple Inc. (AAPL): Free Stock Analysis Report
Microsoft Corporation (MSFT): Free Stock Analysis Report
Goldman Sachs Group, Inc. (The) (GS): Free Stock Analysis Report
Encana Corporation (ECA): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
June 12, 2017 at 07:48PM
from Zacks Equity Research
Honda (HMC) to Launch 10th Generation Accord Model in 2017
Honda Motor Company HMC is set to launch its 10th generation Accord model, 2018 Honda Accord, later this year.
Accord has been the U.S. retail sales leader in midsize sedan segment for the fourth straight year (2013-2016). Also, for the first five months of 2017, retail sales data refers Accord as the top-selling mid-size sedan in America and the second best overall passenger car. Since its introduction in 1976, American car buyers have bought more than 13 million Accords.
The new model has been redesigned and reengineered, including more aggressive stance and proportion features than the previous Accord editions.
The three powerful and fuel-efficient powertrains of the new model will include two direct-injected and turbo-charged 4-cylinder engines, a new Honda-developed 10-speed automatic transmission and a sporty 6-speed manual transmission to be available on both the turbo engines, as well as the two-motor hybrid powertrain technology.
The brand new model of 2018 Accord will feature two available high-torques, high-efficiency turbocharged powerplants, a 1.5-liter direct-injected DOHC Turbo with dual variable cam timing (dual VTC), mated to either a Honda continuously variable automatic transmission (CVT) or 6-speed manual transmission; and a 2.0-liter direct-injected DOHC Turbo with i-VTEC valvetrain, paired with a 10-speed automatic transmission.
The manufactured automobile vies to be industry’s first 10AT for a front-wheel-drive passenger car or a 6-speed manual. An all-new, even more refined Accord Hybrid will be powered by Honda’s innovative next-generation two-motor hybrid technology, which operates without the use of a conventional automatic transmission.
The new design will have a lower and wider appearance to create a more aggressive and athletic stance. Additional details on the new 2018 Accord technology and performance will be released in the coming weeks.
The production of new 2018 Accord’s 1.5-liter and 2.0-liter turbo engines will be at Honda’s Anna, Ohio engine plant. The car’s CVT transmission will be manufactured at the company’s Russells Point, Ohio plant, while its new 10-speed automatic transmission will be fashioned in the company’s Tallapoosa, Georgia plant.
Honda has been focusing on infrastructural development and new product launches. Only last month, it launched a first five-door Civic hatchback in the U.S. Earlier in Mar 2017, Clarity Electric, Clarity Plug-in Hybrid, as well as the Civic Type R and Civic Si were unpacked. It also introduced the BR-V crossover exclusively for Asian markets in Jan 2016.
The company had thereafter also started selling the Honda Odyssey and Odyssey Absolute premium minivans in Japan from Feb 2016 onward and has delivered the first 2017 Acura NSX supercar in May last year. Further, Honda started retailing the Clarity Fuel Cell sedan in Japan from Mar 2016 and in the U.S., from Dec 2016. Last June, Honda marketed the 2017 Acura MDX, 2017 Accord Hybrid and 2017 Honda Ridgeline in the U.S. This wide product line-up should help boost its sales.
Price Performance
Honda’s shares have outperformed the Zacks categorized Automotive-Foreign industry in last six months. The company’s shares have lost 7.8% compared with the industry’s decline of 10.7%.
Zacks Rank & Stocks Pick
Honda currently carries a Zacks Rank #3 (Hold).
Honda Motor Company, Ltd. Price and Consensus
Better-ranked companies in the auto space include Fiat Chrysler Automobiles N.V. FCAU, PEUGEOT SA PUGOY and Volkswagen AG VLKAY. All three stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Fiat Chrysler has expected long-term growth of 22.4%.
PEUGEOT has expected long-term growth of 12.5%.
Volkswagen has expected long-term growth of 18%.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don’t buy now, you may kick yourself in 2020. Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Honda Motor Company, Ltd. (HMC): Free Stock Analysis Report
Volkswagen AG (VLKAY): Free Stock Analysis Report
Fiat Chrysler Automobiles N.V. (FCAU): Free Stock Analysis Report
PEUGEOT SA (PUGOY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
June 12, 2017 at 07:48PM
from Zacks Equity Research
Homebuying secrets from the real estate battlefield
http://ift.tt/eA8V8J
In the middle of your house hunt and feeling a bit overwhelmed? We talked to recent home buyers to get their tips for navigating the market.
June 12, 2017 at 07:45PM
from
Yahoo Finance Live: Midday Movers
June 12, 2017 at 07:44PM
from
Should Value Investors Pick Builders FirstSource Stock Now?
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let’s put Builders FirstSource, Inc. BLDR stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:
PE Ratio
A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock’s current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole.
On this front, Builders FirstSource has a trailing twelve months PE ratio of 14.09, as you can see in the chart below:
This level actually compares pretty favorably with the market at large, as the PE for the S&P 500 stands at about 19.84. If we focus on the long-term PE trend, Builders FirstSource’s current PE level puts it below its midpoint over the past five years.
Further, the stock’s PE also compares favorably with the Zacks classified Building Products – Retail industry’s trailing twelve months PE ratio, which stands at 22.51. At the very least, this indicates that the stock is relatively undervalued right now, compared to its peers.
We should also point out that Builders FirstSource has a forward PE ratio (price relative to this year’s earnings) of just 13.82, so it is fair to say that a slightly less value-oriented path may be ahead for Builders FirstSource stock in the near term.
P/S Ratio
Another key metric to note is the Price/Sales ratio. This approach compares a given stock’s price to its total sales, where a lower reading is generally considered better. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings.
Right now, Builders FirstSource has a P/S ratio of about 0.26. This is way lower than the S&P 500 average, which comes in at 3.14 right now. Also, as we can see in the chart below, this is well below the highs for this stock in particular over the past few years.
If anything, BLDR is near the lower end of its range in the time period from a P/S metric, suggesting some level of undervalued trading—at least compared to historical norms.
Broad Value Outlook
In aggregate, Builders FirstSource currently has a Zacks Value Style Score of ‘B’, putting it into the top 40% of all stocks we cover from this look. This makes Builders FirstSource a solid choice for value investors.
What About the Stock Overall?
Though Builders FirstSource might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of ‘D’ and a Momentum score of ‘D’. This gives BLDR a Zacks VGM score—or its overarching fundamental grade—of ‘C’. (You can read more about the Zacks Style Scores here >>)
Meanwhile, the company’s recent earnings estimates have been mixed. The current quarter has seen no estimates go higher in the past sixty days compared to four lower, while the full year estimate has seen two up and one down in the same time period.
This has had just a small impact on the consensus estimate though as the current quarter consensus estimate has fallen by 10.8% in the past two months, while the full year estimate has moved higher by 0.9%. You can see the consensus estimate trend and recent price action for the stock in the chart below:
Builders FirstSource, Inc. Price and Consensus
Builders FirstSource, Inc. Price and Consensus | Builders FirstSource, Inc. Quote
This somewhat mixed trend is why the stock has just a Zacks Rank #3 (Hold) and why we are looking for in-line performance from the company in the near term.
Bottom Line
Builders FirstSource is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. Moreover, a strong industry rank (Top 43% out of more than 250 industries) further supports the growth potential of the stock. In fact, over the past two years, the Zacks Building Products – Retail industry has clearly outperformed the broader market, as you can see below:
So, despite a Zacks Rank #3, we believe favorable industry factors make this value stock a compelling pick.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don’t buy now, you may kick yourself in 2020. Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
June 12, 2017 at 07:48PM
from Zacks Equity Research
Is Children’s Place (PLCE) a Great Stock for Value Investors?
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let’s put The Children’s Place, Inc. PLCE stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:
PE Ratio
A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock’s current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole.
On this front, Children’s Place has a trailing twelve months PE ratio of 17.32, as you can see in the chart below:
This level actually compares pretty favorably with the market at large, as the PE for the S&P 500 stands at about 20.32. If we focus on the long-term PE trend, Children’s Place’s current PE level puts it below its midpoint over the past five years.
However, the stock’s PE compares unfavorably with the Zacks classified Retail – Apparel and Shoes industry’s trailing twelve months PE ratio, which stands at 12.84. At the very least, this indicates that the stock is relatively overvalued right now, compared to its peers.
We should also point out that Children’s Place has a forward PE ratio (price relative to this year’s earnings) of just 14.58, so it is fair to say that a slightly more value-oriented path may be ahead for Children’s Place stock in the near term too.
P/S Ratio
Another key metric to note is the Price/Sales ratio. This approach compares a given stock’s price to its total sales, where a lower reading is generally considered better. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings.
Right now, Children’s Place has a P/S ratio of about 1.08. This is a bit lower than the S&P 500 average, which comes in at 3.14 right now. Also, as we can see in the chart below, this is below the highs for this stock in particular over the past few years.
If anything, this suggests some level of undervalued trading—at least compared to historical norms.
Broad Value Outlook
In aggregate, Children’s Place currently has a Zacks Value Style Score of ‘B’, putting it into the top 40% of all stocks we cover from this look. This makes Children’s Place a solid choice for value investors.
What About the Stock Overall?
Though Children’s Place might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of ‘A’ and a Momentum score of ‘A’. This gives PLCE a Zacks VGM score—or its overarching fundamental grade—of ‘A’. (You can read more about the Zacks Style Scores here >>)
Meanwhile, the company’s recent earnings estimates have been encouraging. The current quarter has seen four estimates go higher in the past sixty days compared to none lower, while the full year estimate has seen five up and none down in the same time period.
This has had a significant impact on the consensus estimate though as the current quarter consensus estimate has risen by 516.7% in the past two months, while the full year estimate has also moved up by 9.5%. You can see the consensus estimate trend and recent price action for the stock in the chart below:
Children’s Place, Inc. (The) Price and Consensus
Children’s Place, Inc. (The) Price and Consensus | Children’s Place, Inc. (The) Quote
This bullish trend is why the stock boasts a Zacks Rank #1 (Strong Buy) and why we are expecting outperformance from the company in the near term.
Bottom Line
Children’s Place is an inspired choice for value investors, as it boasts a top Zacks Rank, the company deserves attention right now. However, the company’s prospects might be constrained due to adverse broader factors, as it has a sluggish industry rank (Bottom 9% out of more than 250 industries). In fact, over the past one year, the Zacks Retail – Apparel and Shoes industry has clearly underperformed the broader market, as you can see below:
So, value investors might want to wait for broader factors to turn around in this name first, but once that happens, this stock could be a compelling pick.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don’t buy now, you may kick yourself in 2020. Click here for the 6 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Children’s Place, Inc. (The) (PLCE): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
June 12, 2017 at 07:48PM
from Zacks Equity Research
Sunday, June 11, 2017
The Flippening Is Starting to Go Into Effect as Ethereum Tries to Surpass Bitcoin
Over the past few months, cryptocurrency enthusiasts have discussed an event known as “the flippening”. If such an event were to occur, Ethereum would effectively overtake Bitcoin in terms of market cap and popularity. A few months ago, that seemed … Read Full Story
The post The Flippening Is Starting to Go Into Effect as Ethereum Tries to Surpass Bitcoin appeared first on ForexTV.
June 11, 2017 at 06:45PM
from Bitcoin News Editor
Thursday, June 8, 2017
First West Capital’s Kristi Miller announced as CVCA’s 2017 Ted Anderson Community Leadership Award recipient
CVCA recognises Kristi Miller for her impressive community involvement with Junior Achievement, British Columbia
June 08, 2017 at 07:50PM
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Freddie Mac Announces Pricing of $290 Million Multifamily Small Balance Loan Securitization
MCLEAN, VA–(Marketwired – Jun 8, 2017) – Freddie Mac (OTCQB: FMCC) announces the pricing of the SB32 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $290 million in Multifamily SB Certificates (SB32 Certificates), which are anticipated to settle on or about June 19, 2017. Freddie Mac Small Balance Loans generally range from $1 million to $6 million and are backed by properties with five or more units. This is the seventh SB Certificate transaction in 2017.
June 08, 2017 at 07:50PM
from
IIROC Trading Halt / Suspension de la négociation par l’OCRCVM – ACB, HEMP
VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 8, 2017) – The following issues have been halted by IIROC / L’OCRCVM a suspendu la négociation des titres suivants:
June 08, 2017 at 07:50PM
from
GSM Hits the Bullseye with Latest Acquisition
IRVINE, CA–(Marketwired – Jun 8, 2017) – With rifle shot accuracy, Ascendiant Capital Markets, LLC targeted Dallas, Texas-based Good Sportsman Marketing (“GSM”) as an ideal strategic buyer for Bullseye Camera Systems, LLC (“Bullseye”) in an acquisition just recently completed.
June 08, 2017 at 07:50PM
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