|Bid||241.04 x 800|
|Ask||245.40 x 900|
|Day's Range||244.32 - 246.45|
|52 Week Range||189.51 - 247.09|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||31.53|
|Earnings Date||May 30, 2019|
|Forward Dividend & Yield||2.28 (0.94%)|
|1y Target Est||245.92|
Yahoo Finance's Adam Shapiro and Julie Hyman join Chief Investment Officer Albion Management Group Jason Ware to discuss Disney's stock after their streaming service launch.
The retailer has climbed more than 20% in 2019, and is up 25.5% in the past 12 months. The shares have been largely untouched by the woes of the broad sector.
That said, let's check out the probability of four discount retailers to beat earnings estimates this this reporting cycle.
Most shoppers know that buying in bulk can net you some serious savings, which is one of the many reasons Costco is one of America's favorite places to shop. Costco launched its home-delivery option in 2017. To determine which store generally has the lowest prices for bulk items ordered online, CNBC Make It compared two-day shipping prices listed online from Boxed and Costco on a range of everyday items for delivery in New York City.
Office Depot's (ODP) cautionary statement on lower-than-expected operating performance at the CompuCom division was enough to push the stock into the bearish territory.
It seems overly anxious to argue that American Express (NYSE:AXP) stock needs big first-quarter results. After all, American Express stock is doing just fine, even if it's been quiet.Source: Shutterstock AXP stock did dip sharply in December, but it's recovered those losses. Over the last year, American Express stock has gained nearly 17%, and it has more than doubled in the last three-plus years. * 7 Dental Stocks to Buy That Will Make You Smile Still, AXP earnings, due to be reported on Thursday morning, do look reasonably important. The outlook of AXP stock still seems somewhat skeptical, if not outright bearish. Investors are worried about its growth and market share. Its Q4 earnings were disappointing, but the market quickly moved on and kept pushing American Express stock higher. Investors may not be so forgiving if AXP earnings are disappointing again on Thursday.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAXP stock has twice failed to break through resistance at about $113, and the average Street price target for American Express stock of $118 suggests an increase of just 6% from its current level.A "beat and raise" Q1 would likely cause analysts to raise their price targets on AXP stock, leaving AXP well-positioned to reach new highs. If AXP earnings miss expectations, however, investors may have concerns about AXP's growth, causing American Express stock to at best trade sideways, as it has for nearly seven months now.As a result, Thursday's earnings do seem to be important for American Express stock, and investors should review them closely. Expectations for AXP EarningsWall Street is expecting a moderately slow start to the year for American Express. Analysts' consensus revenue estimate projects just 7.6% year-over-year, top-line growth, below the company's full-year guidance of 8%-10%. The company's margins are expected to be pretty much flat, and analysts on average expect its earnings per share to come in at $1.98, up 6.5% year-over-year.That, too suggests improvement over the rest of the year. Consensus for 2019 as a whole is modestly above the midpoint of the company's guidance, and projects 11% EPS growth.That's good news for AXP stock. AXP is not exactly in a "no-lose" situation, but analysts already expect its growth to accelerate as the year goes on. An in-line quarter, or even a modest miss, won't necessarily endanger that outlook.On the other hand, if AXP results solidly beat expectations, its outlook may get more interesting. Under that scenario, American Express will have started the year strongly, and will still have the same room for improvement during the rest of the year. Full-year growth estimates may well get raised, and the earnings multiple assigned to American Express stock can also rise. If that occurs, AXP can reach new highs. AXP Stock and the Post-Earnings CallThat said, the numbers aren't going to be the only aspect of the release to which investors will pay close attention. American Express re-upped its partnership with Delta Air Lines (NYSE:DAL) earlier this month. That was a big win for AmEx, which already had lost co-branding agreements with Costco Wholesale (NASDAQ:COST) and JetBlue Airways (NASDAQ:JBLU).But American Express had to pay up for the win. It was Delta stock that soared on the news, given that its payments from the deal will double in five years. The end results of that negotiation certainly suggests that American Express' edge over rivals Visa (NYSE:V) and Mastercard (NYSE:MA) has narrowed.So investors will have concerns about AXP's cost and market share Visa and Mastercard simply are growing faster than AmEx. And the main concern about American Express - and the reason AXP stock is so much cheaper than V and MA - is that at some point, its earnings simply are going to stall out. The entrance of Apple (NASDAQ:AAPL) into the space only adds to those worries.There likely will be some questions about the Delta deal and the kind of returns American Express expects on the resulting $3 billion-plus increase in annual spending. Analysts will want management's take on the Apple Card as well. AmEx needs to answer those questions well, and it needs to convince analysts and investors that its place in the credit-card industry is secure. Be Careful With American Express StockAll told, AXP's Q1 results do seem poised to change the outlook of AXP stock. A beat-and-raise quarter will suggest that AXP's growth remains intact, making the 12.4 forward, price-earnings multiple of AXP stock seem awfully cheap. Any weakness - whether in the company's results or its guidance - will cause investors to ask if fears about AXP's growth are reasonable.That doesn't mean AXP stock is going to move 10% or more on Thursday; AXP simply isn't that type of stock. Rather, AXP's Q1 earnings could shape how American Express stock trades over the next two months and determine whether AXP stock can finally break through resistance.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post AXP Earnings Look Key for American Express Stock appeared first on InvestorPlace.
[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]If you've been worrying about whether the boom already is over or when it will end, it might be time to start looking for some recession-proof stocks to get you through the lean times. Even if you don't believe those times are not here yet, they very well soon could be.Consider this: The March 2009 low for the S&P 500 occurred more than ten years ago. Since 1945, the average economic expansion has lasted just under five years. This factor in itself should indicate the economy is currently seeing the late stages of the current economic expansion.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Marijuana Companies: Which Pot Stocks Should You Buy? For this reason, investors should have a plan in place to invest in defensive stocks. While such a shift will likely bring the S&P 500 down, some investors become wealthier in such conditions.Contrary to popular belief, some stocks move higher during economic downturns as changing consumer habits create opportunity. These seven companies should prosper in such times. Costco Wholesale (COST)Costco (NASDAQ:COST) offers much to consumers during hard economic times. With the need to save money, people will dine in more. They will often buy in bulk and will still prefer high-quality goods. All of these factors work in Costco's favor.Moreover, while other retailers have struggled, Costco's growth continues. Same-store sales increased by almost 10% during the first half of 2018. However, this number matters little to the bottom line. Due to its pricing, nearly all of Costco's profit comes from its memberships. Membership renewal rates have held at around 90% despite 2018's membership price increase.Further, with new locations opening and expansion into China underway, membership increases will continue.In 2017, the sentiment that Amazon (NASDAQ:AMZN) would take over retail hit Costco and other retailers hard. However Costco had a pretty good 2018 and the stock has seen steady growth. Walt Disney (DIS)With millions facing unemployment or underemployment during downturns, they find themselves with more free time. This creates an opportunity for Disney (NYSE:DIS) to serve as one of the downturn stocks as they provide low-cost entertainment.Many regard its content library as the best available. This coincides well with the coming launch of Disney's streaming service. Disney is offering a lower price than its peer Netflix (NASDAQ:NFLX). While many customers will get both services, those focused on access to the best content library at the lowest price will choose Disney.This along with ESPN, Marvel, Lucasfilm, the theme parks and Disney's other ventures continue to drive Disney's profits higher. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Because of Disney's switch to streaming, DIS can rise further. The forward P/E for DIS stock stands at about 19. This represents a low multiple for a stock seeing double-digit profit growth in most years. With the affordable entertainment Disney will offer, the profit growth for DIS stock should remain robust regardless of how well the economy performs. Dollar Tree (DLTR)Of all recession-proof stocks, perhaps none define the category better than Dollar Tree (NASDAQ:DLTR). As an extreme discounter, the store holds a continuous appeal to lower-income consumers and for those who want to keep spending to a minimum. During a downturn, this draw also attracts those who would regularly shop at higher-end stores during better times.However, even during these better times, DLTR stock has enjoyed average growth at about 16% per year over the last five years. Analysts believe growth will still hold at about 13.4% per year on average for the next five years. This growth will help it to compete with peers such as Dollar General (NYSE:DG) and Big Lots (NYSE:BIG).Now could be a great time to buy DLTR stock, whether a downturn comes tomorrow or two years from now. Both a downturn and its predicted growth could serve as catalysts to push the stock back to its high and perhaps beyond.The company operates over 14,800 stores in 48 states and five Canadian provinces. At a market cap of only $25 billion, Dollar Tree stands as a large company that will enjoy steady growth in the years ahead regardless of how the overall economy performs. Spirit Airlines (SAVE)Even during this booming economy, ultra-low-fare carrier Spirit Airlines (NASDAQ:SAVE) has become the fastest-growing U.S. airline.Though airlines do not normally appear on lists of downturn stocks, SAVE stock could buck that trend. For one, cash-strapped customers who might have flown a different airline when they felt wealthier, will turn to Spirit more often.Moreover, higher-end airlines would have to cut back service in more crowded airports. This could serve as an opportunity to take more market share at airports with little room to expand.The airline also continues its expansion in South America and has yet to tap the Canadian market. They are also looking at adding regional jet types to their fleet. They fly only certain types of Airbus aircraft currently. Adding a regional jet would allow them to expand to smaller domestic markets presently overlooked by discount carriers.Despite a temporary growth setback in 2017 from having to pay pilots more, analysts expect the fast growth pace to resume. The stock trades at a forward P/E of only about eight.Most expect Spirit to see the one of highest growth rates in the sector. With the ultra-low fares, high growth and the potential to expand, Spirit can prosper in almost any economic environment. Molson Coors (TAP)Molson Coors (NYSE:TAP) and its peers have faced challenges as consumers increasingly turn to craft beers. Others have turned to wine and spirits, or away from alcohol altogether.During the last recession, consumption of mainstream beers fell as consumers turned to craft beers. The company saw the writing on the wall. They set out to acquire multiple craft breweries in various regions of the country.Some, such as Blue Moon and Leinenkugel, sell nationally. Other brands, such as Hop Valley or Revolver, come closer to the "microbrewery" concept, selling only in select regions of the country. This leaves Molson Coors with a wide variety of products to sell to both the low-end consumers and those who want to enjoy a "luxury" craft brew as they drown their sorrows during a downturn.The trend toward cannabis legalization could also benefit TAP stock. Spirits producer Constellation (NYSE:STZ) bought a stake in Canadian weed company Canopy Growth (NYSE:CGC) last year. The Molson Coors deal with cannabis company Hexo could also bolster revenue and earnings, which would help TAP to prosper as one of the better downturn stocks.The stock trades at a forward P/E of 12. TAP stock saw minimal profit growth over the previous five years. Still, analysts predict profit growth will come in at almost 7.7% per year on average for the next five years. A move into cannabis would likely increase that estimate. Whatever happens with the economy, investors will have what they need to relieve the pain available on TAP. Teladoc (TDOC)Healthcare equities tend to function well as recession-proof stocks. Even in a booming economy, the rising cost of healthcare has served as a source of worry for many Americans. However, Teladoc (NYSE:TDOC) appears ready to cut the cost of doctor visits.For $40, patients can receive a virtual visit from a doctor at any time via their PC or smartphone. This allows for treatment solutions at a lower cost without the wait.Analysts estimate over 400 million doctor visits per year, about one-third of the total, could take place on such a platform. Teladoc holds well over 50% of the market share in telehealth.The growth potential remains enormous regardless of how the economy performs. However, unemployed workers often drop health insurance during downturns. Thus, TDOC could provide quick, life-saving treatments to those who might not otherwise be able to afford a doctor. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? The company has invested heavily in improving diagnostics and taking this service outside the U.S. As a result, it has spent heavily, and profitability will not come in the foreseeable future. Also, with TDOC trading at more than nine times sales, it has become an expensive stock.However, revenue has nearly doubled every year since 2013. With a majority of the market share, a $3.8 billion market cap and more than 99% of the potential market left to be addressed, TDOC stock should rise regardless of what happens to the economy. T-Mobile (TMUS)T-Mobile (NASDAQ:TMUS) and its peers are spending tens of billions of dollars over the next few years to upgrade to 5G technology. 5G promises to revolutionize the wireless industry and perhaps the tech industry as a whole.Tests indicate it will bring speeds between 10 and 60 times faster than 4G. This will improve wireless connectivity and bring the world apps and functions not possible in the 4G realm. One such application is connectivity to Internet of Things (IoT) devices. Others have yet to be imagined.However, this places pressure upon T-Mobile, as well as AT&T (NYSE:T) and Verizon (NYSE:VZ), to complete the 5G upgrade to stay relevant in the wireless business. Thus, the move to 5G will continue regardless of how the economy performs. Moreover, people must communicate in good times and in bad. This need will help T-Mobile and its peers as downturn stocks.Also, assuming they can complete the long-desired merger with Sprint (NYSE:S), T-Mobile will see a broader customer base and only two direct competitors in the U.S. With or without Sprint, and with or without a booming economy, T-Mobile and TMUS stock will move ahead at full speed.As of this writing, Will Healy was long TDOC stock. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 7 Recession-Proof Stocks to Buy as the Boom Ends appeared first on InvestorPlace.
The ratings on the P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 4.5% of the current pooled balance, compared to 4.6% at Moody's last review. Moody's base expected loss plus realized losses is now 4.4% of the original pooled balance, compared to 4.5% at the last review.
After the closing bell on April 10, Costco Wholesale Corp. (COST) informed shareholders that its net sales were $13.87 billion in March, which was a 7.4% increase from the same period of 2018. Comparable sales increased 6.9% in the U.S., decreased 3.8% in Canada and jumped 1.6% in the international market. The company's total comparable sales grew 5.7%, and sales from e-commerce increased 20.6% in March.
The HUD secretary bought shares in December after Costco reported disappointing fiscal-fourth-quarter earnings. Costco stock has surged so far this year.
Shares were trading down Thursday morning, following the retailer’s March same-store sales report. U.S. comparable-store sales growth of 5.5% was below the more than 6% growth Wall Street expected.
Costco's (COST) better price management, strong membership trends and increasing penetration of e-commerce business are also leading to impressive comparable sales run.
Costco Sustained Its Momentum, Comps Rose 5.7% in March(Continued from Prior Part)What could limit the upside in Costco stock?Costco (COST) shares are trading at a forward PE ratio of 30.2x, which seems high given the projected EPS growth of ~7% in
Costco Sustained Its Momentum, Comps Rose 5.7% in MarchMarch comps Costco (COST) continues to report an industry-leading comparable sales growth rate. However, the deceleration in the sales growth rate and high valuation annoyed investors. On April
Ulta Beauty (ULTA) boasts a spectacular surprise history. The company is gaining from impressive loyalty program and omnichannel efforts, while escalated costs raise concerns.