|Bid||106.08 x 800|
|Ask||106.21 x 800|
|Day's Range||105.95 - 108.28|
|52 Week Range||89.10 - 115.82|
|Beta (3Y Monthly)||0.03|
|PE Ratio (TTM)||21.98|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||2.89 (2.63%)|
|1y Target Est||101.47|
Hotel Chocolat has a message for U.S. rivals: our chocolate is way better than yours. The not-so-festive tone underlines the second attempt by the U.K. luxury confectionery group to crack the lucrative American market. Hotel Chocolat (UK:HOTC) , which has seen its shares rise 80% since floating on the smaller Alternative Investment Market in May 2016, wants to cash in on growth of the U.S. chocolate market.
B&G Foods (BGS) is grappling with high freight charges and higher interest expenses, which are likely to impact the bottom line in the near future.
The 'Bells' television commercial is a memorably sweet and simple piece of holiday messaging that has gotten a social media update.
Out of thousands of stocks that are currently traded on the market, it is difficult to determine those that can really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
NEW YORK, Dec. 07, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Following the highly anticipated sit-down between President Donald Trump and Chinese President Xi Jinping at the G-20 summit, investors received a respite: the White House says both leaders agreed to temporarily halt escalating sanctions. Trump has never enjoyed a reputation as a steady, calm hand in the face of stress or provocation. While the agreement facilitates a 90-day ceasefire regarding the ongoing trade war, investors should adopt a measured approach.
The majority of Wall Street analysts have been positive on Kraft Heinz (KHC) stock for a while, as the graph below shows. The primary reason behind Wall Street’s favorable outlook has been the company’s rich history of acquiring big brands. Wall Street expects Kraft Heinz to benefit from the consolidation in the food industry. Analysts expect Kraft Heinz will sooner or later announce a big acquisition that could accelerate its sales and earnings growth rate.
Kellogg (K) stock trades at 14.3x its 2018 estimated EPS of $4.31 and 14.2x its 2019 estimated EPS of $4.32, both of which look unattractive based on the projected growth rates of 6.8% and 0.2%, respectively. Kellogg’s top-line growth is likely to slow down in 2019, as the company will annualize its RXBAR acquisition. Meanwhile, an unfavorable mix and pricing pressure could continue to hurt the company.
Does Recent Decline Make Kellogg Stock Attractive? Kellogg (K) annualized its downward adjustment in list price during the third quarter, which is likely to ease the pricing pressure on margins. Kellogg’s mix shift towards low margin categories and markets is expected to hurt its gross margin rate.
Hershey's (HSY) efforts to strengthen brand portfolio through innovation and buyouts bode well. Also, productivity improvements and cost-saving initiatives are likely to help it counter cost woes.
Most of the analysts covering J.M. Smucker (SJM) stock maintain a “neutral” outlook before the results for the second quarter of fiscal 2019. Analysts expect J.M. Smucker’s Ainsworth acquisition to drive its net sales growth rate. Weakness in underlying sales, led by lower pricing, is keeping analysts on the sidelines. J.M. Smucker’s profit margins are expected to contract despite lower green coffee costs, which reflects higher packaging and transportation costs.
J.M. Smucker (SJM) is scheduled to announce its results for the second quarter of fiscal 2019 on November 28. Analysts expect J.M. Smucker to report total revenues of $2.1 billion—up 6.7% on a YoY (year-over-year) basis. Analysts expect the company to continue to benefit from the Ainsworth acquisition.
Leverage from strong sales and margin expansions have helped McCormick (MKC) to exceed analysts’ expectations in the past several quarters. McCormick surpassed Wall Street’s expectations in the past seven consecutive quarters and reported double-digit growth in its earnings in the past four consecutive quarters.
McCormick (MKC) has outperformed its peers with its margin performances in the past several quarters and has managed to expand its margins at an exceptional rate despite higher freight costs.
McCormick (MKC) has impressed with its top line performance in the past four quarters, with its net sales increasing at an average rate of 22.4% in the period. Incremental sales from its acquired brands, continued strength in its core business, new products, and a mix shift toward value-added products supported the company’s top line growth.
Investors Who Overlooked the Food Sector Missed Out on McCormickMcCormick outperforms broader markets and peers
Tyson Foods (TSN) posted net sales of $10.0 billion in the fourth quarter. The company’s net sales fell short of analysts’ expectation of $10.3 billion and declined 1.4% on a YoY (year-over-year) basis. Tyson Foods’ top line also declined sequentially.