"A fine quarter; don't see why shares should be soft:" Unfortunately the fast change artists did not read this report and bolted. Thanks for posting the analysis.
RADNOR, Pa. (AP) -- Airgas Inc. (ARG) on Thursday reported earnings that rose by 4.9 percent in its fiscal first quarter. The results matched analysts' expectations.
The Radnor, Pennsylvania-based company said profit increased to $88.9 million, or $1.18 per share, from $84.7 million, or $1.14 per share, in the same quarter a year earlier.
The company said revenue climbed 2.6 percent to $1.31 billion from $1.28 billion in the same quarter a year ago. The results matched Wall Street forecasts.
Airgas shares have decreased $1.38, or 1.2 percent, to $110.47 since the beginning of the year, while the Standard & Poor's 500 index has risen 7.5 percent. However, the stock has climbed $9.39, or 9.3 percent, in the last 12 months.
They had a nice quarter and understand that media of all kinds including social media is all about advertising. People doubted the CEO in the past: however, he is a visionary and understands how to monetize the product.
Unless you are trader it is not about today or next week. It's about next year and 2020. As long as the pipeline is full and they continue to execute (and the government does not screw things up) his stock will be significantly higher. Need to get to the conference call reply in a bit. All one really needs to do is continue to listen to the calls, make sure everything is going OK per the CEO and hold on.
D`own 7.5%. There are not that many shares, so it does not take much to beat it down. great reports over the last few years have spoiled some investors who do not understand that TIS was exhausting there Oklahoma centric market and needed to expand. The base of the company is there and now it is time to grow. I think that is why they brought in the new CEO. They are also trying to support the existing market plus start the national push. to create a balanced portfolio it is hard to find personal care kind of product companies that are not trading at extreme valuations. Also nice to collect the dividends while you wait, which is not the case in many growth companies. To quadruple to $1 billion company, they need to grow 4X. Take one of those large companies. To quadruple they need revenues in access of $100 billion and pay a low dividend. I need to listen to the conference call which is just starting. Good luck londs.
Sentiment: Strong Buy
Looking for Dividends? Kinder Morgan Offers 4 Ways to Invest July 23, 2014
The above article is actually a video on The Motley Fool and describes all four companies. There is also info on the company website and Wikipedea. If you are really interested after that get the annual reports.
* 2nd-qtr net profit $1.79/shr vs est $1.74
* Revenue rises 8.6 pct to $3.04 bln
* Total volume rises 8 pct (Adds, details, shares)
July 23 (Reuters) - U.S. railroad operator Norfolk Southern Corp reported a better-than-expected second-quarter profit, helped by higher volumes across its businesses as the economy improves.
Norfolk Southern, which joins other U.S. and Canadian railroads in reporting strong quarterly results, said overall volume rose 8 percent in the three months ended June 30 as shipments of building materials, metals and coal all rose.
Coal volumes, which had been declining due to the growing availablity of cheap shale gas, rose 3 percent as rising gas prices encouraged utilities to switch back.
Volumes in company's intermodal business rose 11 percent.
Net income rose about 21 percent, to $562 million, or $1.79 per share, from $465 million, or $1.46 per share, a year earlier.
Railway operating revenue rose 8.6 percent to $3.04 billion
Analysts on average had expected earnings of $1.74 per share on revenue $3.03 billion, according to Thomson Reuters I/B/E/S.
Norfolk Southern's shares were up 0.8 percent at $108.43 in light trading before the bell. Up to Tuesday's close, the stock had gained about 40 percent in the past 12 months, beating the 27 percent rise in the S&P 500 railroads index.
They went from having zero revenue to putting 3 drugs on the market and having a blockbuster multi-million dollar product EYLEA for eye degeneration issues. They are still rolling it out in many countries plus additional `therapies.
Also a deep pipeline of drugs in phase 2 or 3. Only about 99 million shares outstanding and most are owned by insiders or institutions. Besides hard work in sorting through stocks to buy there is a certain amount of luck involved. Folks that do not think that usually get over confident and screw up.
Thanks for the info. I am retired and listen to all the conference calls of stocks I own. In a hot stock like this the analyst's will be trying to drag a lot out of them and I would think in the Niobrara.
How do they say $9?? In mid May HK formed a Golden Cross with the 50 day crossing upward over the 200 day. A very good sign. Also since last fall there is a nice cup. Was this last sell off the handle?? But given all that how do we get $9??
They will be very careful about raising rates. Fed still concerned about deflation, which is hard to stamp out as we have 5 years worth of evidence. Seven years into the great depression Roosevelt insisted on raising taxes against advice for his advisers. It drained a lot of money out of the economy and the US went right back into the toilet. If it were not for the War, Roosevelt would have put in his two terms and never received the accolades he gets today.
Good riddance to Coal plus the gas and electric wholesalers. On conference calls that is all the analysts ever wanted to talk about, not the 90% of the business that is electric generation and electric and gas distribution. They have built up the construction group, which is a money maker.
You are right, to small to buy anyone. However, a logical sale would be to NiSource, who only has electric in Indiana, but huge gas operations in both pipes and distribution. NiSource also has a lot of assets in the Utica and is involved in midstream and as a non-operating partner with a privately held driller for wet gas.
Tapping into Asia for Growth - This is a video on Emerson's main internet web page. This is probably what you are looking for. You should listen to the whole thing. Very informative.
Only 35% of earnings based on 2014 analysis average estimate.. Next years estimate is $11.05 per share. 35% of 2015 earnings is about $3.86 dividend. Just illustrating the future dividend potential of this company.
I am currently a holder of KOG and plan on holding until the takeover and then hold the WLL shares. I have gone through the last presentation and listened to the last WLL conference call and see that besides the Bakken that WLL is putting some serious money into the Niobrara. I also see that they are drilling in the Permian, but there is little info about it. I also own a bunch of OXY stock, who is the biggest producer in Texas primarily due to the Permian.
Question: Does anyone on the board have a good feel for what WLL is doing down there and if it will have any significant price on the stock. Thanks.
In addition to what you said, utilities have had a great run and some of the larger investors have taken money off the table. Also some sector rotation. Individuals buy utilities for income and not necessarily interested in locking in gains and trading. It is also Summer where a lot of wall streeters are on vacation so there is less interest in the market in general.
If the Fed had the slightest idea of what they should be doing, they would not have let the country slide into the worst economic downturn since 1930. I personally believe we are at the beginning of a boom since the stock market, last Spring, finally broke out of a range starting with the old S&P top in 2000. These events have only happened 3 previous times since 1900 (1923, 1952, 1982) and each led to long secular bull markets. Each were also caused by the same thing - lower and or stabilized commodity prices. Prices appear to be high because of the PE's, but going forward this may be just a signal for more rapid growth.
Industrial gases are still suffering from the great recession. They are very dependent on non-residential construction. They service a lot of different businesses, but construction is the icing on the cake. The chemicals and pipelines businesses have been starting to ramp up and their are a lot of contracts that have been let out in the last few months so we should see an up tick in activity soon. ARG is huge in welding selling lots of acetylene and oxygen plus hard goods used in welding, so it is not just a gas company. I own some shares for a while and up about 105 or so plus dividends. This is the smaller of the large gas companies. For quality PX is probably the best, while APD also sells other chemicals. Over the last 5 years ARG has done the best, but recently APD has taken center stage. However, it maybe some catch up because APD did so badly for so long. Hopefully this up coming construction boom will propel all three companies.