U.S. Markets closed

OKE, ETE, MPLX, PAA: How Top Midstream Stocks Fared Last Week

Ruth King
OKE, ETE, MPLX, PAA: How Top Midstream Stocks Fared Last Week

After a 0.4% gain in the previous week, the Alerian MLP Index fell 0.5% last week. The Index is up 1.2% YTD (year-to-date), whereas on a total return basis—which includes distributions—the index is up ~7.3% YTD. In comparison, the S&P 500 Index has risen 9.6% YTD. Among the top midstream MLPs and C-corps, ONEOK (OKE) gained 4.1% last week and Energy Transfer Equity (ETE) was up 1.1%.

  • Should We Worry About Ferrari N.V.'s (NYSE:RACE) P/E Ratio?
    Business
    Simply Wall St.

    Should We Worry About Ferrari N.V.'s (NYSE:RACE) P/E Ratio?

    How Do I Calculate Ferrari's Price To Earnings Ratio? The formula for price to earnings is: Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) Or for Ferrari: P/E of 25.13 = €97.25 (Note: this is the share price in the reporting currency, namely, EUR ) ÷ €3.87 (Based on the trailing twelve months to September 2018. Is A High P/E Ratio Good?

  • Are Investors Undervaluing Boot Barn (BOOT) Right Now?
    Business
    Zacks

    Are Investors Undervaluing Boot Barn (BOOT) Right Now?

    While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. Looking at the history of these trends, perhaps none is more beloved than value investing. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

  • 3 Reasons Why Growth Investors Shouldn't Overlook Boot Barn (BOOT)
    Business
    Zacks

    3 Reasons Why Growth Investors Shouldn't Overlook Boot Barn (BOOT)

    And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). While there are numerous reasons why the stock of this Western apparel and footwear retailer is a great growth pick right now, we have highlighted three of the most important factors below: Earnings Growth Earnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.

  • Why We're Not Keen On Titan Machinery Inc.'s (NASDAQ:TITN) 8.0% Return On Capital
    Business
    Simply Wall St.

    Why We're Not Keen On Titan Machinery Inc.'s (NASDAQ:TITN) 8.0% Return On Capital

    Today we'll evaluate Titan Machinery Inc. (NASDAQ:TITN) to determine whether it could have potential as an investment idea. In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. First up, we'll look at what ROCE is and how we calculate it.

  • Business
    Markit

    See what the IHS Markit Score report has to say about Amkor Technology Inc.

    NASDAQ/NGS:AMKR Summary Perception of the company's creditworthiness is negative but improving ETFs holding this stock have seen outflows over the last one-month Bearish sentiment is low Economic output for the sector is expanding but at a slower rate Short interest | Positive Short interest is low for AMKR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ETF/Index ownership | Negative ETF activity is negative.

  • James Wang on Netflix Earnings
    Business
    Yahoo Finance Video

    James Wang on Netflix Earnings

    Netflix reported earnings after the bell and ARK investment's James Wang reacts

  • Foreign Investors Are on a Record China Property Spree
    Business
    Bloomberg

    Foreign Investors Are on a Record China Property Spree

    Foreign investors are increasing their presence in China's commercial real estate market, taking advantage of the deleveraging drive that's squeezing the nation's companies. Overseas firms may be set to sustain a resurgence that last year sent their purchases to a record $9 billion nationwide and accounted for just over half of all sales in Shanghai. Blackstone Group LP and Singaporean developer CapitaLand Ltd. are among those leading the charge.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of FAST earnings conference call or presentation 17-Jan-19 3:00pm GMT

    Suppliers have been -- that have been willing to evolve and change to support our vending business in the last 10 years, our Onsite business in the last 3, 4 years, our Construction business, our national account business, our local business, the Fastenal model, have had really successful years. I've met with a lot of them over the last 2 months and really excited about what 2019 can mean and what they're seeing downstream in their business. Finally, shareholders.

  • Teva Pharmaceutical Industries Ltd. (TEVA) Gains But Lags Market: What You Should Know
    Business
    Zacks

    Teva Pharmaceutical Industries Ltd. (TEVA) Gains But Lags Market: What You Should Know

    Heading into today, shares of the company had gained 14.49% over the past month, outpacing the Medical sector's loss of 1.02% and the S&P 500's gain of 0.75% in that time. Investors will be hoping for strength from TEVA as it approaches its next earnings release, which is expected to be February 13, 2019. In that report, analysts expect TEVA to post earnings of $0.55 per share.

  • President Trump's Base May Be Starting to Abandon Him, According to a New Poll
    Politics
    Fortune

    President Trump's Base May Be Starting to Abandon Him, According to a New Poll

    President Donald Trump is losing support among voters, including members of his base, as the 2020 presidential election cycle approaches. A new poll from PBS NewsHour, NPR, and Marist found that 57% of registered voters said they would vote against the president in the next election, PBS reported. The poll was conducted between Jan. 10 and Jan. 13, and surveyed 1,023 U.S. adults with a 3.8% margin of error, including 873 registered voters, with a 4.2% margin of error.

  • Asia stocks advance on U.S.-China trade relief
    Business
    Reuters

    Asia stocks advance on U.S.-China trade relief

    Asian stocks advanced on Friday as a report of progress in U.S.-China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentiment. The Wall Street Journal reported on Thursday that U.S. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for Jan. 30. U.S. stocks rallied following the report, but pared some of those gains after a Treasury spokesperson told CNBC that Mnuchin had not made any such recommendations.

  • People's United (PBCT) Q4 Earnings Top Estimates
    Business
    Zacks

    People's United (PBCT) Q4 Earnings Top Estimates

    People's United (PBCT) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.34 per share. This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this holding company for People's United Bank would post earnings of $0.34 per share when it actually produced earnings of $0.33, delivering a surprise of -2.94%.

  • Congresswoman Maxine Waters Plans to "Undo the Harm Done" to the CFPB
    Business
    Yahoo Finance Video

    Congresswoman Maxine Waters Plans to "Undo the Harm Done" to the CFPB

    YFi PM's Zack Guzman, Yahoo Finance's Kristin Myers and CFRA Investment Strategist Lindsey Bell discuss the new agenda laid out by Congresswoman Maxine Waters to fix the Consumer Protection Bureau.

  • Chesapeake Energy (CHK) Outpaces Stock Market Gains: What You Should Know
    Business
    Zacks

    Chesapeake Energy (CHK) Outpaces Stock Market Gains: What You Should Know

    Chesapeake Energy (CHK) closed the most recent trading day at $2.89, moving +1.4% from the previous trading session. Meanwhile, our latest consensus estimate is calling for revenue of $1.03 billion, down 18.32% from the prior-year quarter. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

  • Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?
    Business
    Zacks

    Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?

    Investors focused on the Computer and Technology space have likely heard of Fortinet (FTNT), but is the stock performing well in comparison to the rest of its sector peers? Fortinet is one of 647 companies in the Computer and Technology group. The Computer and Technology group currently sits at #2 within the Zacks Sector Rank.

  • Ford (F) Set to Report Q4 Earnings: What's in the Offing?
    Business
    Zacks

    Ford (F) Set to Report Q4 Earnings: What's in the Offing?

    Ford Motor Company F is set to report fourth-quarter and 2018 results on Jan 23, after the market closes. In the last reported quarter, Ford's earnings were in line with estimates. Over the past four quarters, the automaker's earnings have surpassed estimates once, missed twice and have been in line once, the average negative surprise being 3.8%.

  • Atlassian Corporation PLC (TEAM) Beats Q2 Earnings and Revenue Estimates
    Business
    Zacks

    Atlassian Corporation PLC (TEAM) Beats Q2 Earnings and Revenue Estimates

    Atlassian Corporation PLC (TEAM) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.21 per share. This quarterly report represents an earnings surprise of 19.05%. Atlassian Corporation PLC, which belongs to the Zacks Internet - Software industry, posted revenues of $298.98 million for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 3.73%.

  • Intel (INTC) Reports Next Week: Wall Street Expects Earnings Growth
    Business
    Zacks

    Intel (INTC) Reports Next Week: Wall Street Expects Earnings Growth

    Intel (INTC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2018. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on January 24, 2019, might help the stock move higher if these key numbers are better than expectations.

  • Canopy Growth Corporation (CGC) Outpaces Stock Market Gains: What You Should Know
    Business
    Zacks

    Canopy Growth Corporation (CGC) Outpaces Stock Market Gains: What You Should Know

    For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.87 per share and revenue of $221.12 million, which would represent changes of -171.88% and +262.77%, respectively, from the prior year. Investors might also notice recent changes to analyst estimates for CGC. These revisions help to show the ever-changing nature of near-term business trends.

  • JD.com, Inc. (JD) Stock Sinks As Market Gains: What You Should Know
    Business
    Zacks

    JD.com, Inc. (JD) Stock Sinks As Market Gains: What You Should Know

    Wall Street will be looking for positivity from JD as it approaches its next earnings report date. In that report, analysts expect JD to post earnings of -$0.04 per share. Investors should also note any recent changes to analyst estimates for JD.

  • Lowe's (LOW) Stock Sinks As Market Gains: What You Should Know
    Business
    Zacks

    Lowe's (LOW) Stock Sinks As Market Gains: What You Should Know

    The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. LOW is holding a Zacks Rank of #3 (Hold) right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate.

  • 5 Reasons to Buy AMD Stock
    Business
    InvestorPlace

    5 Reasons to Buy AMD Stock

    AMD has made a big push into the CPU server market with its EPYC chips. Estimates for how much server market share AMD has gained through EPYC most normally come in around 5%, or in the mid-single-digit range. With the launch of new 7nm EPYC Rome chips, AMD projects to keep stealing share from Intel in 2019.

  • FedEx (FDX) Outpaces Stock Market Gains: What You Should Know
    Business
    Zacks

    FedEx (FDX) Outpaces Stock Market Gains: What You Should Know

    This change outpaced the S&P 500's 0.76% gain on the day. This has outpaced the Transportation sector's gain of 0.78% and the S&P 500's gain of 0.75% in that time. Meanwhile, our latest consensus estimate is calling for revenue of $17.68 billion, up 7.01% from the prior-year quarter.

  • Is Citrix Systems, Inc.'s (NASDAQ:CTXS) 31% ROCE Any Good?
    Business
    Simply Wall St.

    Is Citrix Systems, Inc.'s (NASDAQ:CTXS) 31% ROCE Any Good?

    Today we'll evaluate Citrix Systems, Inc. (NASDAQ:CTXS) to determine whether it could have potential as an investment idea. In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. First up, we'll look at what ROCE is and how we calculate it.

  • New Residential Investment (NRZ) Gains But Lags Market: What You Should Know
    Business
    Zacks

    New Residential Investment (NRZ) Gains But Lags Market: What You Should Know

    In that same time, the Finance sector gained 4.01%, while the S&P 500 gained 0.75%. Investors will be hoping for strength from NRZ as it approaches its next earnings release, which is expected to be February 12, 2019. Investors should also note any recent changes to analyst estimates for NRZ.