Month: February 2019

The Ensign Group, Inc ENSG is well poised for growth on the back of solid revenue growth and accretive acquisitions, which complement its organic growth and a strong capital position. Over the past 30 days, the company’s earnings estimates for 2019 and 2020 have been revised upward by 4.8% and 5.5%, respectively. This reflects analysts' optimism on the stock […]

Sealed Air Corporation SEE is likely to benefit from its Reinvent SEE Strategy, restructuring programs, growing demand in fresh food and e-commerce markets, and acquisitions. Shares of this Zacks Rank #3 (Hold) company have gained 19% in the past three months. With the stock price appreciation and a Value Score of B, it seems to be a stock that investors should retain in their portfolios now […]

Steelcase Inc. ’s SCS to-be-reported fourth quarter fiscal 2019 revenues and earnings are expected to increase on a year-over-year basis. The Zacks Consensus Estimate for revenues is pegged at $859.8 million, reflecting year-over-year rise of 11.2%. […]

JAKKS Pacific, Inc. JAKK incurred an adjusted loss of 37 cents per share in fourth-quarter 2018, narrower than the Zacks Consensus Estimate of a loss of 49 cents. […]

The Gap, Inc. GPS is focused on boosting investor confidence through several growth initiatives and shareholder-friendly moves. To this end, the company’s board of directors recently authorized repurchasing $1 billion shares, replacing its existing program. […]

Newell Brands Inc ‘s NWL progress on the Accelerated Transformation Plan is evident from recent divestitures. The company’s transformation plan targets offloading non-core businesses that contribute nearly 35% to total sales. In the latest move, management has agreed to sell the Rexair business to Rhone Capital, a global private equity firm […]

Newmont Mining Corporation NEM and Goldcorp Inc GG have obtained clearance from the government of Korea to proceed with their previously announced merger transaction. Per a letter issued by the government of Korea, the proposed combination of the two gold mining companies does not violate Article 7 (1) or Restriction on Business Combination of the Monopoly Regulations and Fair Trade Act. Notably, the Canadian Competition Bureau also issued a "no action" letter this month, approving the proposed deal under Canadian competition law. […]

On Feb 27, we issued an updated research report on Chemed Corporation CHE . This Zacks Rank #1 (Strong Buy) stock currently operates two wholly-owned subsidiaries — VITAS Healthcare and Roto-Rooter. Over the past few quarters, VITAS has been registering solid admissions and expanded average daily census […]

Albemarle Corporation ’s ALB board has announced a 10% hike in its quarterly dividend to 36.75 cents per share. The dividend, representing a rate of $1.47 on annualized basis, is payable on April 1, 2019, to shareholders of record at the close of business as of March 15. […]

AES Corporation ’s AES fourth-quarter 2018 adjusted earnings of 36 cents per share surpassed the Zacks Consensus Estimate of 33 cents by 9.1%. However, the bottom line declined 16.3% from the year-ago period’s figure. Barring one-time adjustments, the company delivered GAAP earnings of 15 cents per share in the reported quarter against a loss of $1.03 incurred in the prior-year period […]

British American Tobacco p.l.c. BTI is slated to release preliminary results for 2018 on Feb 28. […]

Charles River Associates CRAI is scheduled to report fourth-quarter 2018 earnings on Feb 28, before the market opens. Strength across services and geographies are likely to boost Charles River Associates’ revenues. Let's see how things are shaping up for the announcement […]

On Feb 26, we issued an updated research report on Rockwell Automation, Inc. ROK . The company’s performance is likely to be backed by strength in heavy industries and acquisitions in the days ahead. […]

Axon Enterprise, Inc. AAXN delivered adjusted earnings per share of 8 cents in the fourth quarter, missing the Zacks Consensus Estimate of 11 cents. On a year-over-year basis, earnings declined 53% […]