Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
Urban Outfitters, Inc. URBN is scheduled to release fourth-quarter fiscal 2020 results on Mar 3, after the closing bell. Notably, the company has trailing four-quarter positive earnings surprise of 7.3%, on average. However, it reported a negative earnings surprise of 1.8% in th
Gray Television (GTN) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items.
Americans are now considering the purchase of newly-constructed homes. After all, sales of newly-built homes in the United States hit the fastest pace in more than 12 years in January, a tell-tale sign that the housing market is in sound shape.
The chemical industry, which reeled under the effects of the bitter tariff war between the United States and China last year, braces for another heavy hit from the coronavirus outbreak.Officially called COVID-19, the virus has so far claimed roughly 2,800 lives and infected more
Element Solutions Inc ESI recorded earnings from continuing operations of 29 cents per share in fourth-quarter 2019, compared with a loss of 5 cents per share in the year-ago quarter.Adjusted earnings per share (EPS) of 22 cents for the quarter surpassed the Zacks Consensus Esti
TJX (TJX) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.68 per share a year ago.
Morgan Stanley’s (NYSE: MS) Institutional Securities segment will likely add $785 million over the next two years, primarily driven by growth in trading revenues, which is nearly half of the expected incremental revenues of $1.6 billion. It is the highest contributing segmen
Our price estimate for FedEx Corporation’s (NYSE: FDX) stock is $160, which is close to the current market price of around $158, thus having only a limited room for stock price growth, the stock seems close to fairly valued, in our view. Our price estimate of $160 for Fed
After adding $1.5 billion to its top line between 2016 and 2018, Diageo (NYSE: DEO), the alcoholic beverages giant, saw its revenue base shrink by about $300 million in FY 2019 (financial year ends in June). However, Trefis expects Diageo to see revenue expansion in 2020, with
Abbott’s (NYSE:ABT) adjusted earnings per share (EPS) grew at a CAGR of 11% from $2.16 in 2015 to $3.26 in 2019. This was almost 2x the CAGR of 5.1% for Medtronic’s (NYSE:MDT) adjusted EPS, which grew from $4.28 in fiscal 2015 to $5.22 in fiscal 2019. This clubbed with
After facing a capacity shortage for most of 2019 due to the grounding of 34 Boeing MAX 8 aircraft, Southwest Airlines (NYSE: LUV) hopes to be able to return these planes to service during the latter half of the year. As the company’s capacity growth plan only includes the B
UBS’s (NYSE: UBS) investment banking (IB) profits declined by almost 50% from $1.5 billion in 2018 to $784 million in 2019. While UBS’s largest division, wealth management, continued to drive growth for the Swiss banking giant, its investment banking division dragged down
Trefis analysis shows how Roku’s stock could potentially drop to under $30 from its current level of over $130, as a counter analysis to our upside case of How Roku’s Stock Could Cross $450. We outline a case showing how Roku’s platform revenues (which come from the sal