|Bid||12.51 x 900|
|Ask||12.70 x 1000|
|Day's Range||12.42 - 13.10|
|52 Week Range||9.09 - 17.98|
|Beta (3Y Monthly)||2.04|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A 2018 survey of CEO pay in 22 countries around the world including the U.S. found that the average CEO was paid $3.55 million annually.Here in Canada, where I live, the average CEO was paid a little more than $7 million. In the UK, it was almost a million higher than Canada.How about the U.S.?InvestorPlace - Stock Market News, Stock Advice & Trading TipsWell, it was the number one country for CEO pay at $14.25 million -- or more than four times the global average. Are U.S. CEOs worth that much -- or that much more than CEOs in other countries? Not by a long shot. But that doesn't stop some professorial types from singing their praises."The efforts of America's highest-earning 1% have been one of the more dynamic elements of the global economy. It's not popular to say, but one reason their pay has gone up so much is that CEOs really have upped their game relative to many other workers in the U.S. economy," stated George Mason University Economics professor Tyler Cowen in his recent book Big Business: A Love Letter to an American Anti-Hero. CEOs might have a more complicated job than they had 20 years ago, but that doesn't justify pay that is 361 times the average U.S. rank-and-file worker. U.S. Congressman Keith Ellison released a report in 2018 that suggested a median employee at Mattel (NYSE:MAT) would have to work at the company for 495 years to earn as much as a CEO's annual pay. Ridiculous. Investors need only to consider one fact. "Since 2008, the 100 companies with the lowest CEO compensation within the S&P 500 index have outperformed the 100 with the highest compensation every year except 2013," Bloomberg reported in March of this year. "The annualized return from 2008 to 2018 was 17.2 percent compared with 8.4 percent."It is clear that investing in companies who are doing a good job cutting the gap between the CEO's pay and the average employee is key to your portfolio's future success. * The Jobs Report Isn't an Effective Metric for the U.S. Economy Here are seven stocks to buy in that vein. Intuitive Surgical (ISRG)Source: Jon Fingas via Flickr (Modified)CEO Pay: $5.1 millionPay Ratio: 32:1The median worker's pay at Intuitive Surgical (NASDAQ:ISRG) is $157,491, the 22nd highest amount of compensation in the S&P 500. It kind of makes sense. Do you really want a bunch of low-paid workers manufacturing the company's da Vinci surgical robotic systems? One wrong move and your hernia repair becomes a one-way ticket to the morgue. I'm facetious, but I think you get my meaning. By having well-paid employees, not only are they likely to be happier; they're probably more productive especially when they realize that the CEO makes just 32 times their pay, about one-tenth the U.S. average. Intuitive Surgical has come a long way from 1999 when it launched the first da Vinci system. At the end of 2018, it had almost 5,000 systems installed; 64% of them in the U.S. with Europe and Asia its next biggest markets, but with plenty of room to grow. The global surgical robotics market is expected to grow by almost 14% annually over the next seven years to $17 billion. ISRG currently has a 17% market share. If it grows that market share to 25% by 2025, it translates into an additional $1.4 billion in revenue. As people age, minimally invasive surgery will become even more critical than it already is. As secular trends go, ISRG is one of the best bets you can make. American Water Works (AWK)Source: Shutterstock CEO Pay: $4.4 millionPay Ratio: 53:1American Water Works (NYSE:AWK) CEO Susan Story is the only woman on this list so if ESG issues are of interest to you; AWK is an excellent stock to consider. As for its business, that's also good. AWK was recently named one of Barron's 100 Most Sustainable U.S. Companies. Also, Bloomberg included AWK on its list of 230 companies for the 2019 Bloomberg Gender-Equality Index (GEI), a group selected for their dedication advancing the cause of women. That's a big deal when you consider that providing equal pay for U.S. women would add $512 billion to the economy on an annual basis. Here's another reason to like the water utility. AWK stock hasn't had a single year with a negative total return delivering a 10-year annualized total return of 20.6%, which goes entirely against the theory that utilities are dull and poor performers over the long haul. * 5 Dividend Stocks Perfect for Retirees Providing water services to more than 14 million people in 46 states, AWK is a stock whose business will never go the way of the Dodo bird. Fastenal (FAST)Source: Shutterstock CEO Pay: $2.0 million Pay Ratio: 58:1If you've owned Fastenal (NASDAQ:FAST) for the past five years, your patience is finally being rewarded after spending four years rangebound between $40-$50. Up 32% year to date through April 15, FAST stock looks like its gallop to $100 is underway. Consider that the supplier of industrial and construction supplies grew revenues and operating profits over the past five years by 49% and 40% to $5.0 billion and $1.0 billion respectively. And for that, its stock went sideways. In the company's Q1 2019 earnings, Fastenal grew the top and bottom lines by double digits. Revenues were up 12.2% on a like-for-like basis, and net earnings rose 11.9% to $0.68 a share. Helping move the needle is its industrial vending machine program. In the first quarter, it signed 5,603, bringing the total number to 83,410, an increase of 13.4% over Q1 2018. Sales at those machines grew in the high teens in the first quarter. And you thought vending machines were a thing of the past. Fastenal is all about customer service. It's got the growth to prove it. Amazon (AMZN)Source: Shutterstock CEO Pay: $1.7 millionPay Ratio: 59:1Say what you will about Amazon (NASDAQ:AMZN) CEO and founder Jeff Bezos, but you can't deny his company's success. A $10,000 investment ten years ago is worth almost $247,000 today. Bezos might be amoral or immoral in your opinion but his ability to deliver what the world's craving is astonishing. Everything Amazon does is to please the customer. In Bezos' annual letter to shareholders, he mentions the word customer on 49 occasions. "Much of what we build at AWS is based on listening to customers. It's critical to ask customers what they want, listen carefully to their answers, and figure out a plan to provide it thoughtfully and quickly (speed matters in business!). No business could thrive without that kind of customer obsession. But it's also not enough. The biggest needle movers will be things that customers don't know to ask for," the CEO wrote. * 7 Stocks to Buy for Spring Season Growth How many CEOs do you know that think like this? I can count the number on two hands. He might be an a**hole in the minds of many, but he's a brilliant one, cut from the same cloth as Elon Musk. Garmin (GRMN)Source: slgckgc via Flickr (modified)CEO Pay: $2.4 millionPay Ratio: 76:1The cream always rises to the top. Garmin (NASDAQ:GRMN) is one of those companies that seems to fly under the radar despite being a reasonably large company. If you own Fitbit (NASDAQ:FIT) stock, however, you're likely more than a little aware of Garmin. In the most recent quarter, Garmin delivered boffo earnings. Since announcing Q4 2018 results February 20, GRMN stock is up 24%. A key highlight from earnings was its guidance for 2019. Analysts were expecting earnings of $3.52 a share on $3.43 billion in revenue. Garmin CEO Cliff Pemble's outlook is for $3.70 a share on the bottom line and $3.50 billion on the top line. "2018 was another remarkable year of revenue and operating income growth driven by strong performance in our aviation, marine, outdoor and fitness segments," Pemble said in its news release. "Entering 2019, we see many opportunities ahead and believe that we are well positioned to seize these opportunities with a strong lineup of products across all of our segments."Hopefully, you're beginning to see a trend. Companies that keep the pay ratio low tend to deliver strong long-term results. Since Pemble became CEO in January 2013, GRMN stock has generated a 19.7% annualized total return for shareholders, 440 basis points greater than the SPDR S&P 500 ETF (NYSEARCA:SPY). Simon Property (SPG)Source: m01229 via Flickr (Modified)CEO Pay: $4.8 million Pay Ratio: 88:1A lot of investors might have a problem owning shopping malls. I certainly wouldn't. But they've got to be good. They can't be Class C malls with no-name retailers filling the place. That's a recipe for disaster. Zacks recently wondered if Simon Property's (NYSE:SPG) efforts were enough to battle the retail blues. Are we seriously still having that discussion in 2019. Well, it turns out there are a lot of crappy retailers still operating including Sears. "The deepening of the relationship with existing tenants, and the launch of its online retail platform, weaved with an omni-channel strategy, will likely be accretive to Simon Property's long-term growth," wrote Zack's equity research team April 8."In fact, the company is investing billions and actively restructuring its portfolio, aiming at premium acquisitions and transformative redevelopments. The transformational plans include the addition of hotels, restaurants, residences and luxury stores."The fact is, very few retail mall owners have the vision of the Simon family. They've been doing this a long time. They're more than capable of rolling with the punches. * 10 S&P 500 Stocks to Weather the Earnings Storm Good brick-and-mortar retail isn't disappearing. Just the crappy kind is. Know the difference. O'Reilly Automotive (ORLY)Source: JJBers via Flickr (modified)CEO Pay: $2.9 millionPay Ratio: 141:1O'Reilly Automotive (NASDAQ:ORLY) makes it on to the list despite hitting a 26-year high of $398.41 in early April and carrying on past $400 in the days that followed. Up 19% year to date through April 15, ORLY's only had one year of negative returns since 2009. As a result, you're looking at a 10-year annualized total return of 27.3%, almost double the S&P 500. In 2018, the retailer of aftermarket auto parts had same-store sales growth of 3.8%, at the top of its estimate for the year, the company's 26th year with an increase. In 2019, it expects same-store sales growth of 3%-5%. This past year it opened 200 net new stores in 36 states. It plans to open as many as 210 in 2019. It now has 5,219 stores across the U.S. On the bottom line, O'Reilly increased its EPS by 27% over 2017 to $16.10, the 10th consecutive year with a 15% increase in earnings. In 2019, it expects EPS of at least $17.37. Given its track record, you should expect more than that. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 7 Companies That Are Closing the CEO-Worker Wage Gap appeared first on InvestorPlace.
Mattel (MAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mattel and the Consumer Product Safety Commission have voluntarily recalled the Rock ‘N Play, which is tied to a number of infant deaths.
Stocks that moved substantially or traded heavily on Monday: Electronics For Imaging Inc., up $8.60 to $38 The digital printing company is being bought by private equity firm Siris Capital Group LLC for ...
The company, in cooperation with the U.S. Consumer Product Safety Commission, issued a recall notice for the Rock ‘n Play Sleeper after reports that over a 10-year period more than 30 infants suffocated or strangled when they rolled over in the sleepers while unrestrained. Mattel says the deaths were the result of improper use, and that it stands by the safety of its products, though it agrees the best course of action right now is to recall the sleepers. On top of that, Johnson expects Fisher-Price will lose about $35 million in sales for the rest of the year.
Mattel Inc.'s reputation is at risk after a recall of the Fisher-Price brand Rock 'N Play, Stifel analysts say. Both Mattel and the Consumer Product Safety Commission (CPSC) have warned consumers that infants can roll over in the item. The Rock 'N Play has been tied to 10 infant deaths since 2015, according to the CPSC. "We stand by the safety of our products," Chuck Scothon, general manager of Fisher-Price, said in a statement Friday. "However, due to reported incidents in which the product was used contrary to the safety warnings and instructions, we have decided to conduct a voluntary recall of the Rock 'n Play Sleeper in partnership with the Consumer Product Safety Commission." Stifel analysts think the recall poses legal risk to Mattel, could lead to manufacturing and design costs, and could drive up marketing costs. "Product recalls, while less frequent, are part of the toy business," Stifel said. "But they pose reputation risk and may undermine licensor, retailer, and consumer confidence in the safety of a product or brand, lead to litigation and increased compliance costs, all of which could have a negative influence on the industry and/or a toy manufacturer's business." Stifel rates Mattel shares hold with a $14 price target. Mattel is scheduled to report first-quarter earnings on April 25. The Fisher-Price brand has struggled, analysts say. Mattel stock, on the other hand, has rallied 36.1% for 2019 so far, outpacing the S&P 500 index , which is up 16% for the period.
subsidiary Fisher-Price is recalling its Rock 'n Play Sleeper. The toy maker and the U.S. Consumer Product Safety Commission had jointly issued a warning for the sleeper on April 5, advising against its use for infants who can begin to roll over, after 10 reported deaths. "While we continue to stand by the safety of all of our products, given the reported incidents in which the product was used contrary to safety warnings and instructions, we've decided in partnership with the Consumer Product Safety Commission (CPSC), that this voluntary recall is the best course of action," said Fisher-Price in a statement.
On this week's segment we call “Family First” for YFi PM, we round-up taxes, cheap airfare, and a new warning for parents.
U.S. Consumer Product Safety Commission said on Friday that toymaker Fisher-Price has voluntarily recalled all its "Rock 'n Play Sleeper" products after reports of more than 30 infant deaths. ...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be remiss not...
Mattel Inc NASDAQ/NGS:MATView full report here! Summary * Perception of the company's creditworthiness is positive and improving * ETFs holding this stock are seeing positive inflows * Bearish sentiment is high Bearish sentimentShort interest | NegativeShort interest is extremely high for MAT with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting MAT. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding MAT is favorable, with net inflows of $26.94 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a strengthening bias over the past 1-month. MAT credit default swap spreads are decreasing and near the lowest level of the last one year, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
subsidiary Fisher-Price is alerting customer of its Rock 'n Play Sleeper following the deaths of 10 infants. The toy maker and the U.S. Consumer Product Safety Commission jointly issued a warning for the sleeper on Friday, advising against its use for infants who can begin to roll over, which is usually around 3 months of age. The consumer safety commission said it's aware of 10 infant deaths since 2015 related to the Rock 'n Play.
The Consumer Product Safety Commission says infants older than 3 months, or those who can roll over, should not use Fisher-Price Rock ‘n Plays because of multiple deaths.
The Consumer Product Safety Commission says infants older than 3 months, or those who can roll over, should not use Fisher-Price Rock 'n Plays because of multiple deaths. The agency and Fisher-Price parent Mattel Inc. said Friday they are aware of at least 10 infant deaths in the Rock 'n Plays since 2015 after infants rolled from their back to their stomach or side, while unrestrained. All 10 were infants 3 months or older.
Mattel Inc. subsidiary Fisher-Price Inc. and the Consumer Product Safety Commission (CPSC) warned consumers to stop using the Fisher-Price's Rock 'N Play when infants can roll over, after multiple reports of death. Industry experts have said infants typically begin rolling over at three months. "The CPSC is aware of 10 infant deaths in the Rock 'N Play that have occurred since 2015, after the infants rolled from their back to their stomach or side, while unrestrained," the CPSC said. "All 10 infants were 3 months or older." Mattell's stock was up 0.4% in afternoon trade. It has run up 36% year to date, while the Dow Jones Industrial Average gained 13%.
Former President and CEO of Danish toymaker Lego, Kjeld Kirk Kristiansen, will step down from the the board of the toymaker at the general meeting in April, the company's owner said on Tuesday. "This is a completely natural next step in the generation shift," said Chief Executive Soren Thorup Sorensen of Kirkbi, the family holding company behind Lego. Kjeld Kirk Kristiansen will remain chairman of the board at Kirkbi and vice chairman of the Lego Foundation, the company said.
Stock investors who view the record global merger boom as opening up a gold mine of bullish stock picking opportunities may also be wise to look at the potential downside from industry consolidation. Moody's has studied 1,000 companies and found that 14% of them, or 140 companies, are vulnerable to "concentration risk" due to major consolidation and mergers in their markets. Four of the companies cited by the investment firm include Mattel Inc. (MAT), TransDigm Group Inc. (TDG), B&G Foods Inc. (BGS) and Griffon Corp. (GFF), per Barron’s.