Share to Twitter Share to Linkedin Lockheed Martin (NYSE: LMT) is scheduled to report its Q4 2022 results on Tuesday, January 24. We expect Lockheed Martin LMT to post mixed results, with its revenue slightly below but earnings landing above the street expectations. The company’s F-35 deliveries in December were impacted following a temporary pause in flight operations, resulting in 141 deliveries for the year, compared to the target of 148. [ 1 ] Last week Canada announced its plans to buy 88 F-35s in a $14 billion deal. However, LMT stock has been weighed down recently after one of the Wall Street research firms downgraded defense stocks citing concerns over possible reduced government defense spending. Although we expect the company to navigate well over the latest quarter, our forecast indicates that LMT stock is fairly valued at its current levels, as discussed below. Our interactive dashboard analysis of Lockheed Martin Earnings Preview has … [Read more...] about Earnings Beat In Cards For Lockheed Martin Stock?
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Adani Group Adani group stocks took a beating for a second straight session on Friday, falling up to 20 per cent and losing over Rs 4.17 lakh crore from the combined market valuation of listed firms after the US-based investment research firm Hindenburg Research made damaging allegations. Shares of Adani Total Gas plummeted 20 per cent, Adani Transmission tumbled 19.99 per cent, Adani Green Energy plunged 19.99 per cent and Adani Enterprises tanked 18.52 per cent on the BSE. Also, Adani Ports and Special Economic Zone fell 16.03 per cent, Adani Wilmar dipped 5 per cent and Adani Power declined 5 per cent. Ambuja Cements tanked 17.16 per cent and ACC fell 13.04 per cent. In the broader market, the 30-share BSE benchmark tumbled 874.16 points or 1.45 per cent to settle at 59,330.90.In two days, the Adani group firms have lost a whopping Rs 4,17,824.79 crore from their market valuation. The market valuation of Adani Total Gas plummeted Rs 1,04,580.93 crore, while that of … [Read more...] about Adani Group stocks continue to fall; Adani Total Gas, Adani Transmission, Adani Green tank 20%
Share to Twitter Share to Linkedin The worst mistake investors will make this year won’t be getting caught with a stock on the heels of a disappointing earnings report. And with all due respect to economic prognosticators, it won’t be misjudging the Federal Reserve’s resolve fighting inflation—or the rising risk of a recession as the central bank pushes up interest rates at the fastest pace since the 1980s. Odds of another big stock market slide are growing. As my partner Elliott Gue wrote this week for our CT Trader members, the S&P 500 and ETFs tracking its performance are highly concentrated among a few very expensive stocks. And that’s a proven formula for losses. The 10 largest names in the S&P 500 by market capitalization, for example, are 26 percent of its total value. The top 50 names—the new Nifty 50 if you will—are more than 56 percent, close to the share they held a year ago when the stock market started dropping. Worse, the … [Read more...] about Avoiding The Worst Mistake Investors Will Make In 2023
Share to Twitter Share to Linkedin Charles Schwab (NYSE: SCHW) is scheduled to report its fiscal Q4 2022 results on Wednesday, January 18, 2023. We expect it to post mixed results, with earnings topping the consensus estimates but revenues missing the mark by a small margin. The company outpaced the street expectations in the last quarter, with net revenues increasing 20% y-o-y to $5.5 billion. It was primarily driven by a 44% jump in the net interest income (NII) and a 28% rise in bank deposit account fees. That said, the growth was somewhat offset by lower asset management & administration fees and a drop in trading income. We expect the same trend to continue in the fourth quarter. Our forecast indicates that Charles Schwab’s valuation is $92 per share, which is 11% above the current market price of around $83. Our interactive dashboard analysis on Charles Schwab’s Earnings Preview has more details. (1) Revenues to marginally miss … [Read more...] about What To Expect From Charles Schwab Stock In Q4?
Share to Twitter Share to Linkedin [Note: News Corp Fiscal Year Ends in June] After a 15% decline over the last year, at the current price of around $19 per share, we believe News Corp stock (NASDAQ NDAQ : NWSA), a global, diversified media and information services company, is fairly priced. NWSA stock fell from around $23 to $19 over the last year, in line with the broader indices, with the S&P also falling about 15% over the same period. The stock declines during this period can be attributed to fears of a slowing economy driven by inflation. The company also missed estimates on both the top and bottom lines in the recent fiscal Q1 (ended Sept 2022). News Corp’s revenues declined marginally year-over-year (y-o-y) to $2.5 billion while its profitability declined 79% y-o-y to 7 cents in Q1. The results were driven by lower physical book sales from Amazon’s AMZN reset of its inventory levels and rightsizing of its warehouse footprint and the … [Read more...] about News Corp’s Stock Down 15% Over Last Year, What’s Next?
Share to Twitter Share to Linkedin Intuitive Surgical (NASDAQ: ISRG) is scheduled to report its Q4 2022 results on Tuesday, January 24. We expect Intuitive Surgical ISRG to report revenue and earnings above the street estimates, driven by a rise in total procedures volume. However, inflationary headwinds may weigh on the company’s net margins. Although we believe the company will navigate well during the quarter, we find the stock to be fully valued, as discussed below. Our interactive dashboard analysis on Intuitive Surgical Earnings Preview has additional details. (1) Revenues expected to align with the consensus estimates Trefis estimates Intuitive Surgical’s Q4 2022 revenues to be around $1.7 billion, aligning with the $1.7 billion consensus estimate. The overall procedure volume continued to see double-digit growth, rising 18% in Q4, per the company’s preliminary results released last week. Looking at Q3 2022, the company saw … [Read more...] about Will Intuitive Surgical Stock Rise Post Q4?
Sanjiv Mehta, CEO and MD, HUL Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The rural market is showing some signs of improvement on easing inflation, robust sowing of winter crops and an increase in farm incomes, Hindustan Unilever ’s brass told mediapersons after announcing better-than-expected numbers for the December quarter. Value growth in rural markets was 5 percent year-on-year in the December quarter while volumes declined by 7 percent. “There is a long way to go before rural volumes come back, but we are definitely seeing some green shoots. In the July 2022 quarter, value growth in the rural market was negative 2 percent,” HUL chief executive officer Sanjiv Mehta said. The FMCG behemoth's net material inflation (NMI) in the December quarter came down to 18 percent. In the June quarter it stood at 20 percent and , … [Read more...] about Worst of inflation behind us, seeing some green shoots in rural market, says HUL’s Sanjiv Mehta
Share to Twitter Share to Linkedin Microsoft (NASDAQ: MSFT) is scheduled to report its fiscal Q2 2023 results on Tuesday, January 24, 2023. We expect the stock to top the consensus estimates of revenues and earnings. The company outperformed the street expectations in the first quarter of FY 2023 (FY July- June), with total revenues increasing by 11% y-o-y to $50.1 billion. It was driven by a 9% rise in productivity & business processes and a 20% growth in the intelligent cloud segments, partially offset by a slight decrease in the more personal computing business. We expect the same trend to continue in the second-quarter results. Our forecast indicates that Microsoft’s valuation is $318 per share, which is 35% above the current market price of around $236. Our interactive dashboard analysis on Microsoft’s Earnings Preview has more details. (1) Revenues expected to edge past the consensus estimates Microsoft’s revenues … [Read more...] about Microsoft Stock To Edge Past Consensus In Q2?
Share to Twitter Share to Linkedin Days after Bed Bath & Beyond’s BBBY stock value experienced it’s latest unexpected surge, it appears it’s not just like Robin Hood after all. The pioneering home goods retailer saw its share price enjoy another ‘Gamestop moment’ last week as a meme stock that near doubled in value – albeit from a rock bottom base – but come Friday last, it was flat-lining yet again. The slump followed a week in which speculation on online stock forums, including Reddit, that it might be a potential acquisition target, fell out of bed. And now Bed Bath & Beyond appears to be heading for bankruptcy and the company admitted last week it could enter Chapter 11 bankruptcy within weeks, and has doubts it can stay in business after a quarter of deep losses and declining sales. Even last week’s mini-rally – which took its shares to close to $5 – was down 68% over the year. Now that price has slipped back to less than $3.50. … [Read more...] about Bed Bath & Beyond Meme Stock Bounce Flops Toward Bankruptcy
Share to Twitter Share to Linkedin We believe that ConocoPhillips stock (NYSE: COP) is currently better valued than EOG Resources stock (NYSE: EOG). EOG Resources EOG ’ current price-to-operating income ratio of 8x is higher than levels of 6x for COP. But does this gap in valuation make sense? We don’t think so, especially if we look at the fundamentals. More specifically, we arrive at our conclusion by looking at historical trends in revenues and operating income for these companies. Our dashboard Better Bet Than EOG: Pay Less To Get More From COP has more details – parts of which are summarized below. 1. Revenue Growth The energy sector, in general, has benefited from higher crude oil prices and higher production in FY 2022 so far, as compared to the previous year. Both EOG and COP benefited from the fundamentally tight supply market caused by several factors, Firstly, a surprising economic rebound drove demand for oil after several … [Read more...] about This Stock Appears To Be A Better Bet Than EOG Resources