Stock Analysts

Tech Stocks’ Earnings Lineup for Nov 8: DOX, LTRPA & ENT

We are nearing the end of the third-quarter earnings season, with 423 S&P 500 members – accounting for 84.6% of the index’s total market capitalization – having reported results as of Nov 4. (Read more: Q3 Earnings Season: An Inflection Point ) Total earnings for these index members were up 3.6% from the year-ago quarter and revenues were up 2.4% year over year. […]

Stock Analysts

Big 5 Sporting (BGFV) Stock Up After Earnings: Time To Buy?

Sporting goods retailer, Big 5 Sporting Goods Corp. BGFV seems to be a lucrative investment option at the moment as its stock price continues to surge following the splendid third-quarter 2016 results, alongside the company’s impressive growth strategies and financial strength. Notably, the company’s shares have surged about 9.3% since the earnings release on Nov 1 and a whopping 75.7% year to date. […]

Stock Analysts

Chemical Stocks’ Earnings to Watch on Nov 8: ASH, WLK, VVV

A few chemical companies are slated to report their quarterly results on Nov 8. The chemical industry remains on the road to recovery, aided by strength across the automotive and construction markets. Chemical makers are gaining from strategic measures including expansion into high-growth markets, aggressive cost management, acquisitions and investments in capacity expansion. […]

Stock Analysts

Top 5 Stocks with Impressive Relative Price Strength

Earnings growth and valuation multiples are indeed important for investors to determine a stock's ability to offer considerable returns. But these are also essential in determining whether a stock’s price performance is better than its peers or the industry average. If the stock’s performance is lacking that of the broader groups despite having impressive earnings growth or valuation multiples, then something must be wrong. […]

Stock Analysts

Cintas (CTAS) Remains Poised for Solid Inorganic Growth

On Nov 7, Zacks Investment Research updated the research report on business services provider Cintas Corporation CTAS . Cintas started fiscal 2017 on a positive note, recording solid first-quarter results on the back of healthy top-line growth. Both earnings and revenues improved year over year and beat the respective Zacks Consensus Estimate […]

Stock Analysts

Ingersoll (IR) Hits 52-Week High on Improved Q3 Results

Shares of industrial goods manufacturer Ingersoll-Rand Plc IR scaled a new 52-week high of $69.37 on Nov 4, before closing the trading session a notch lower at $68.75 for a healthy year-to-date return of 24.3%. Despite the price rise, this Zacks Rank #3 (Hold) stock still has enough fundamental strength for further appreciation. The stock is currently trading at a forward P/E of 16.4x and has long-term earnings growth expectation of 9.7%. […]

Stock Analysts

Machinery Stocks to Watch for Earnings on Nov 8: MIDD & ZBRA

The third-quarter earnings season is well into the second half of the reporting cycle with more than 423 S&P 500 companies having already reported results till Nov 4. We notice that results in the third quarter have improved remarkably from the preceding quarters and would likely end up being in the optimistic territory after five repeated seasons of earnings decline for the benchmark index. However, while estimating the performance of U.S.-based machinery stocks, we believe that factors like election-induced market instability, a strong U.S. […]

Stock Analysts

HSBC Swings to Loss in Q3 Despite Improvement in Revenues

HSBC Holdings plc HSBC reported dismal third-quarter 2016 results. The company recorded a net loss attributable to shareholders of $204 million, compared with net income attributable to shareholders of $5.2 billion in the year-ago quarter. Divestiture of its Brazilian operation and tough operating backdrop were the primary reasons for the loss. […]

Mergers & Acquisitions

Expansion into India Continues as Ujwal Rebrands to Vistra

Expansion into India Continues as Ujwal Rebrands to Vistra Adding to Vistra’s growth in India, rebrand also strengthens presence in the US PR Newswire HONG KONG, November 7, 2016 HONG KONG , November 7, 2016 /PRNewswire/ — Further to their acquisition in June by Vistra, Ujwal Management Services Private Limited, an international business services provider based in Bangalore, India , today rebranded to Vistra. Incorporated in 1995, Ujwal has been assisting clients across the world in expanding their businesses into India . […]