IYJ - iShares US Industrials ETF
| Previous Close | 130.37 |
| Open | 131.46 |
| Bid | 127.60 x 900 |
| Ask | 132.73 x 800 |
| Day's Range | 130.17 - 132.35 |
| 52 Week Range | 129.60 - 160.57 |
| Volume | 80,394 |
| Avg. Volume | 105,450 |
| Net Assets | 941.58M |
| NAV | 143.75 |
| PE Ratio (TTM) | N/A |
| Yield | 1.24% |
| YTD Return | -1.61% |
| Beta (3Y Monthly) | 1.09 |
| Expense Ratio (net) | 0.43% |
| Inception Date | 2000-06-12 |
Market Realist•4 days agoGE to Separate Digital Assets, Build an Independent Company
On December 13, General Electric (GE), going ahead with its business restructuring and realignment initiatives, announced that it will spin off its digital assets and build an independent company. The independent company will focus exclusively on the IoT (Internet of Things) software portfolio. The spin-off announcement along with a rating upgrade from JPMorgan Chase (JPM) analyst Stephen Tusa drove General Electric stock higher during trade on December 13.
Market Realist•5 days agoAnalysts Are Recommending ‘Buys’ on FedEx ahead of Its Q2 Results
FedEx (FDX) has a consensus rating of ~1.93 from analysts polled by Thomson Reuters (TRI), and there’s a consensus “buy” opinion on the stock. Analysts are bullish about FedEx and foresee strong double-digit growth in its stock price. The company’s consistently strong quarterly performances and its encouraging outlook for fiscal 2019 have instilled confidence among analysts, as is reflected in their ratings.
Market Realist•7 days agoWill GE’s Healthcare Unit Spin-Off Increase Shareholder Wealth?
Why Has General Electric Stock Struggled in 2018? The Healthcare segment is the fourth-largest contributor to General Electric’s total revenues. As part of the company’s major restructuring plan in June, General Electric intends to spin off the segment and turn it into a standalone entity.
Market Realist•7 days agoGE’s Lighting and Transportation Businesses Struggle
Apart from the power business, General Electric’s (GE) Transportation and Legacy segment’s lighting division has also struggled for years. Train budgetary cuts in several global economies and massive competition are hurting the transportation businesses’ revenues and margins. Intensified competition from local and regional players in every market is hurting the lighting division’s sales.
Market Realist•14 days agoBNSF Railway Reported Strong Carload Traffic Growth
Berkshire Hathaway-owned BNSF Railway (BRK.B) reported a 3.1% YoY increase in its rail traffic volume in week 47 due to strong carload traffic growth, which more than offset the weakness in intermodal units. The company reported rail traffic volumes of 187,426—compared to 181,826 units in the same week last year.
Market Realist•15 days agoKansas City Southern’s Rail Traffic Rose in Week 47
After registering a 6.7% rail traffic decline in week 46, Kansas City Southern (KSU) made a remarkable turnaround. The company’s total rail traffic increased 3.9% YoY in week 47 to 43,548 units from 41,917 units in the same week last year. The YoY growth was mainly driven by a strong recovery in carload and intermodal traffic.
Market Realist•19 days agoHow BNSF Railway’s Rail Traffic Looked in Week 46
Berkshire Hathaway-owned BNSF Railway (BRK.B) reported a 0.5% YoY fall in its rail traffic volume in week 46, as its weak intermodal performance more than offset the benefit of higher carload traffic. The company reported rail traffic volumes of 210,013 compared with 211,148 units in the same week of last year.
Market Realist•25 days ago3M: Analysts Revised the Target Price
Analysts’ interest in 3M (MMM) has been increasing gradually since its third-quarter earnings. Currently, there are 19 active analysts tracking 3M stock. Among the analysts, 37% recommended a “buy,” 42% recommended a “hold,” and 21% recommended a “sell.” Analysts’ views and recommendations are widely followed by investors to track the stock price movement.
Market Realist•28 days agoGE’s Healthcare Unit Spin-Off to Maximize Shareholders’ Wealth
General Electric’s (GE) Healthcare segment, which offers medical imaging and information technologies, biopharmaceutical manufacturing technologies, and patient monitoring systems, is one of the company’s better-performing units and is the fourth-largest contributor to its total revenue.
Market Realist•29 days agoGE Is Restructuring Its Businesses to Return to Growth
For the past few years, General Electric (GE) has been witnessing falling revenues and profitability, mainly due to the underperformances of several of its business units. The company’s Power segment is struggling to keep up with changing industry dynamics, in which growing demand for renewables and energy efficiency has eroded demand for fossil fuels. GE’s Power segment’s performance is dependent on the gas and coal turbine market.
Market Realist•last monthHoneywell’s Short Interest Is Steady: Bears Shy Away
In the previous article, we went through analyst recommendations for Honeywell (HON). The latest short interest report from October 31, 2018, suggests that Honeywell’s short interest has stayed under 1% of its outstanding shares. As per the latest report, HON’s short interest is at 0.78% of the outstanding shares, indicating a steady trend since its previous report.
Market Realist•last monthGE Is Restructuring Itself to Focus on Growing Businesses
General Electric’s (GE) problems aren’t limited to the power business. The company’s Transportation and Legacy segment’s lighting division has also been in troubled waters for years. Intense competition and train budgetary cuts in several global economies are hurting transportation businesses’ revenues and margins.
Market Realist•last monthGE to Sell LED Business as Part of Restructuring Plan
General Electric (GE) registered its first gains yesterday after nine consecutive days of falling. Yesterday, the company announced it agreed to sell its Current lighting division to private equity firm American Industrial Partners (or AIP) for an undisclosed amount. The recently announced divestment is a part of GE’s massive business restructuring plan announced in June this year under which it plans to offload its struggling lighting business completely.
Market Realist•2 months agoCSX Kept Its Traffic Growth Momentum Intact in Week 42
Eastern US rail giant CSX Corporation (CSX) posted 4.2% YoY (year-over-year) carload traffic growth in Week 42. The company hauled ~72,400 railcars sans intermodal units in the week compared to 69,500 units in Week 42 of 2017. Compared to US rail carriers’ 0.7% carload loss, CSX’s carload traffic reported much higher gains in the week.
Market Realist•2 months agoAfter Q3, Norfolk Southern Sees a Strong Future for Intermodal
In the third quarter, Norfolk Southern (NSC) recorded a 20% rise in its Intermodal segment’s revenue to $746.0 million from $621.0 million. The railroad company’s intermodal share of total revenue expanded 2% to 25.3% in the quarter from 23.3% in the corresponding period last year.
Market Realist•2 months agoGE Stock Down 9.7% after Third-Quarter Results
US industrial powerhouse General Electric (GE) announced its third-quarter earnings today before the market opened. The industrial giant’s adjusted EPS in the quarter were down 51.7% YoY (year-over-year) from $0.29 in Q3 2017. On a GAAP basis, GE reported a loss of $2.63 per share from GAAP continuing operations in the third quarter. The company’s revenue in the quarter was down 11.6% YoY from $33.4 billion in the third quarter of last year.
Market Realist•2 months agoWhy United Parcel Service’s Operating Margin Declined in Q3 2018
In this part, we’ll examine United Parcel Service’s (UPS) operating margins in the third quarter. Its adjusted operating margins contracted 70 basis points to 10.5% from 11.2%. The US Domestic Package segment’s reported operating income totaled $949.0 million, which equals $988.0 million on an adjusted basis in the third quarter.
Market Realist•2 months agoSafety and Graphics Revenues Rose in Q3 but Margins Declined
The segment’s revenue growth resulted from the acquisition revenue net of divestiture, which helped its revenues rise 7.0%. This growth was driven by the Scott Safety acquisition from Johnson Controls (JCI). Higher sales volume and pricing increased the segment’s revenue growth by 2.2%.
- Market Realist•2 months ago
General Electric: The Word on Wall Street ahead of Its Q3 Results
Let’s discuss Reuters-surveyed analysts’ recommendations on General Electric (GE) and its peers. After the company update on October 1, analysts became less skeptical about its future course of action. Of the 20 analysts covering GE stock, four (20%) have recommended “strong buys,” whereas four (20%) have recommended “buys” on its stock.
Market Realist•2 months agoWill General Electric’s Q3 Earnings Surpass Analysts’ Estimates?
In this article, we’ll consider analysts’ earnings estimates for General Electric (GE). Analysts expect GE to report adjusted EPS of ~$0.20, 31.4% lower than its adjusted EPS of $0.29 in the third quarter of 2017. After the company’s recent CEO replacement and its decision to write down $23.0 billion in its Power segment, analysts’ estimates went south.
Market Realist•2 months agoNorfolk Southern Impresses in the Third Quarter, Stock Up 2.5%
Norfolk Southern (NSC), a major Eastern United States rail freight operator, announced its third-quarter earnings today before the market opened. The railroad’s adjusted EPS of $2.52 exceeded the Thomson Reuters–surveyed analysts’ estimate of $2.44 by 3.1%. The railroad’s third-quarter adjusted EPS rose 44.0% YoY (year-over-year) from $1.75 in the third quarter of 2017.
Market Realist•2 months agoCanadian National Railway: Top in Week 41 Carload Traffic Growth
In Week 41, Canadian National Railway (CNI) recorded a ~5.7% YoY (year-over-year) increase in carload traffic. It moved ~66,400 railcars sans intermodal traffic in the week compared to ~62,900 units in the comparable period last year.
Market Realist•2 months agoWhat Drove Up Honeywell’s Aerospace Revenue in Q3 2018?
Honeywell International’s (HON) Aerospace segment is its largest revenue contributor. In the third quarter of 2018, its contribution expanded 1.3 percentage points YoY (year-over-year) to 37.4% of its revenue, from 36.1%. The segment reported revenue of $4.03 billion in the third quarter, implying a 10.2% growth YOY.
Market Realist•2 months agoCSX: Comparing Its Week 41 Rail Traffic Gains with the Industry
CSX (CSX) operates in the Eastern United States and competes with Norfolk Southern (NSC). In Week 41, it reported a carload traffic growth of 4.1% YoY (year-over-year). It carried ~71,600 railcars excluding intermodal units compared to 68,700 units in Week 41 of 2017. Compared with US rail carriers’ 0.4% carload gains, CSX reported much higher gains in the same category.
Market Realist•2 months agoWill Analysts Continue Their Bullish Stand on CSX after Q3 2018?
CSX (CSX) is covered by 25 analysts polled by Thomson Reuters. The railroad has a consensus rating of 2.15, indicating a “buy.” Seven analysts recommended a “strong buy” for CSX stock, and nine analysts recommended a “buy.” Eight analysts recommended a “hold,” and one analyst recommended a “sell” on CSX stock.
