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Follow this list to discover and track stocks with the greatest 52-week loss. These are stocks whose price has increased the most over the past 52 weeks (percent change). This list is generated daily, the losses are based on today's closing price and limited to the top 30 stocks that meet the criteria.
Don't count Home Depot among those calling for a recession anytime soon.
Baidu, Southwest Airlines, U.S. Steel, Elanco and Disney are the companies to watch.
Urban Outfitters (URBN) delivered earnings and revenue surprises of 5.17% and -2.31%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
Norwegian behemoth Equinor (EQNR) started oil production from the Mariner field in the UK North Sea, while British supermajor BP plc (BP) inked a new JV in India to set up 5,500 petrol pumps.
Shares of Urban Outfitters Inc. rose 3% in the extended session Tuesday after the retailer reported mixed second-quarter results, with profit above Wall Street expectations but sales that fell short. Urban said it earned $60 million, or 61 cents a share, in the quarter, compared with $93 million, or 84 cents a share, in the year-ago period. Sales fell 3% to $962 million. Analysts polled by FactSet had expected earnings of 59 cents a share on sales of $982 million in the quarter. Comparable-store sales also dropped 3%, driven by negative retail store sales partially offset by growth in digital sales, the company said. The analysts polled by FactSet had expected same-store sales to drop 2% in the period.
Kohl's earnings topped views but the department store giant missed same-store sales estimates. Kohl's stock sank. Nordstrom reports Wednesday.
Two Fifth Third Bank executives and leaders at Procter & Gamble Co. and Macy’s Inc. made Savoy Magazine’s 2019 list of the Most Influential Women in Corporate America.
The heads of nearly 200 U.S. companies said Monday they are committing to a move away from the idea that the main purpose of a company is to maximize shareholder value, marking a break with a long-held conviction.
(Bloomberg) -- Target Corp. has its work cut out for it as the mass-merchant retailer is facing difficult year-over-year same-store sales and traffic comparisons, broad macro concerns, and tariff exposures.Analysts are hoping that Target’s Deal Days, its answer to Amazon.com’s Prime Day, and digital sales strength are enough to overcome a Father’s Day weekend technology glitch that prevented customers from making purchases at its stores for a two-hour period on June 15 and unkind weather trends in the earlier part of the quarter.This quarter’s set up comes on top of a 6.5% same-store sales gain a year ago, which was the best in 13 years amid Toys ”R” Us and Babies ”R” Us U.S. store closures, and an “unprecedented” 6.4% growth in traffic.In addition, the shares are up 31% this year compared with a gain of 21% for Walmart Inc., and 16% for the S&P 500, and not far from a record high. With only 4% upside to the average 12-month price target of 21 analysts surveyed by Bloomberg, one might say shares are priced for perfection.Here’s what analysts are saying ahead of the report:Credit Suisse, Seth SigmanKey indicators including Nielsen, SpendTrend, Credit Suisse’s department store index are supportive of comparable sales in the 2.5%-3.0% range, including weakness in temperature-sensitive categories such as apparelStill expects strong digital growth, even on top of 2QFY19’s 41% growthSigman recently lowered his 2Q gross margin estimate given Walmart and Macy’s markdown comments and Target’s system-wide register outage in JuneTarget Deal Days, held in July, was likely a positive for comp. sales“With macro concerns in the backdrop, we believe it has to be a relatively clean quarter for TGT stock to work,” Sigman saidRates outperform, price target $90Telsey Advisory, Joseph FeldmanEstimates e-commerce growth of ~25%; to benefit from debut of online Deal Days, website enhancements, expansion on online products, faster fulfillmentExpects continued outperformance in baby and toys, given continued share gains following the closings of Toys ”R’ Us stores; seasonal and summer products, supported by the partnership with Vineyard Vines and the newly launched Sun Squad collection; fashion and home should benefit from new brands and products New tariffs on List 4 items should result in higher costs, but believes Target’s ability to take a portfolio approach to dealing with higher costs should offer flexibility; its current forecast covers a wide range of assumptionsRates outperform, price target $92Barclays, Karen Short“All eyes will be on TGT’s ability to ‘comp the comp’ as the company laps the benefits in the baby and toys categories” last year due to the closures of the Toys "R" Us and Babies "R" Us storesUnfavorable weather likely drove additional markdowns in seasonal categories, but this is well understood by the StreetWill be watching forecast update, traffic and ticket trends and category performance, digital growth/fulfillment cost trendsRates overweight, price target $95Bloomberg Intelligence, Jennifer Bartashus2Q comparable sales “may moderate slightly, as the company laps the closing of Toys ‘R’ Us and Babies ‘R’ Us stores and faces difficult comparisons vs. a year ago,” when total comp. sales rose 6.5%Seasonal merchandise sales may have also been dampened by poor weather early in the quarter and Target had a nationwide point-of-sale outage on June 15, disrupting in-store sales for several hoursRemodeled stores continue to generate traffic and same-store sales lifts, aiding overall performance, while store-based fulfillment is aiding online sales growth by enabling same-day services and reducing shipping time and costs Quo Vadis Capital, John ZolidisSales drivers include increased sales of private label, share capture from defunct competitors, e-commerce growth, the benefit from remodels, and a strong consumer backdropZolidis is looking for the 9th straight quarter of traffic and comp. sales growth; believes Target is taking share in e-commerce, as wellSales growth and margin stabilization should be favorable for the sharesJust the Numbers2Q adjusted EPS from continuing operations estimate $1.62; TGT forecast $1.52 to $1.722Q sales estimate $18.25 billion (range $18.04 billion to $18.47 billion)2Q comparable sales +3.00% (Consensus Metrix average of 19 estimates); TGT forecast comp. sales up low- to mid-single digits2Q gross margin estimate 30.2% 3Q adjusted EPS estimate $1.16 (range $1.11 to $1.21) FY adjusted EPS estimate $5.93; saw $5.75-$6.05TGT forecast Fiscal 2020 comp. sales up low- to mid-single digits and a mid-single digit increase in operating incomeData14 buys, 13 holds, 1 sell; average price target $90 Implied 1-day share move following earnings: 7.2% Shares rose after 6 of prior 12 earnings announcements Adjusted EPS beat estimates in 8 of past 12 quarters Shares up 2.4% in past 5 days vs SPX Index down 0.5% Shares up 3.5% in past year vs SPX Index up 1.9% TimingEarnings release expected Aug. 21 before market open Conference call websiteTo contact the reporter on this story: Janet Freund in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Catherine Larkin at email@example.com, Jim SilverFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
In a series of recent research notes, German financial giant Deutsche Bank weighs in on three stocks with excellent return potential – on the order of 30% or more. Let’s take a close look at each of these companies, and at Deutsche Bank’s bullish stance.VMware (VMW)This cloud-based software company has been making headlines recently with its interest in acquiring Pivotal Software (PVTL). San Francisco-based Pivotal specializes in cloud applications and development tools; from the standpoint of fit, an acquisition could make sense and benefit both companies. It may also bring benefits to Dell Technologies (DELL), which owns controlling stakes in both companies. VMware, however, brings approximately 80% of Dell’s annual income.Of the potential merger, VMware released a statement saying in part, “VMware regularly evaluates potential partnerships and acquisitions that would accelerate our strategy. Pivotal is a long-term strategic partner and we’re already successfully collaborating to help enterprises in their application development and infrastructure transformation.”Deutsche Bank’s Karl Keirstead, a 5-star analyst on TipRanks, takes a generous view of the proposed M&A move: “The strategic logic is there, as PVTL’s focus on containerized workloads and its leading position as a development platform for new cloud-destined apps fits with VMware’s desire to shift its mix to container and cloud-native infrastructure technology.”Keirstead goes on to rate VMW as a Buy with a price target of $190, indicating a 31% upside potential. He says, as his bottom line, “VMware shares look attractive for a 10%+ growth story making all the right moves to stay relevant in a cloud-centric world.”Where does the rest of the Street side on this software maker? It appears mostly bullish, as TipRanks analytics demonstrate VMW as a Buy. Out of 6 analysts polled in the last 3 months, all 6 are bullish on VMware stock. With a return potential of nearly 37%, the stock’s consensus target price stands at $199. (See VMW's price targets and analyst ratings on TipRanks)Palo Alto Networks (PANW)Palo Alto hasn't had a great month, with shares falling nearly 13%. But things aren’t as bad as they may seem, argues Deutsche Bank’s Keirstead.Palo Alto Networks is a Silicon Valley cybersecurity company developing advanced firewall and secure-cloud systems. Cybersecurity is a vital – and lucrative – business in our modern age of digital information, but recent report by IBM underlines it for those have not been paying attention: malware attacks are up 200% so far this year.While business is good, the combination of US-China trade complications and a strong US dollar are putting downward pressure of the 2H19 outlook. And continuing churn among upper management at PANW also has investors worried. The company took on a new CEO last year, and the Executive VP of Worldwide Sales recently announced his own departure for the end of September.Keirstead, in a review of PANW, takes note of the executive turnover, and says, “This level of Sales change, combined with the 2018 additions of a new CEO and President, is unsettling, but we haven’t picked up evidence of a material tone downtick on PANW fundamentals from our checks and we reaffirm our BUY rating.” He goes to say, in his bottom line, “We still lean bullish. Our unchanged PT [is] $275...” That price target implies an upside of nearly 40%.Keirstead’s outlook is in line with the analyst consensus on PANW -- Strong Buy. The stock has received 20 'buy' ratings in the last three months, compared to just 2 'hold' and 1 'sell' ratings. Shares are priced at $198, so the average price target of $266.86 suggests an upside potential of 35%.Tapestry (TPR)Originally Coach, the familiar maker of purses and other accessories changed its name and ticker symbol back in 2017. In its fiscal Q4 earnings report last week, TPR met the expected EPS of 61 cents per share. Net sales revenue, however, missed the target by 1%, coming in at $1.513 billion instead of the forecast $1.534 billion. The gross annual profit was $1.017 billion was up from one year ago, but gross margins contracted slightly to 67.3%. In short, the earnings release was a mix of good and bad news.The stock price dropped sharply after the quarterly report, from $25 to $21. However, Deutsche Bank sees the lower price as a buying opportunity for an otherwise strong company.In his research note, 4-star analyst Paul Trussell says, “The Coach brand sustained its international momentum and saw a sequential acceleration in North Americ, reassuring investors that the brand remains healthy with its FCF generating power intact.” Trussell’s $33 price target reflects his confidence – it suggests an upside of 57% for TPR stock.Overall, TPR gets a Moderate Buy rating from the analyst consensus, based on a near-even split: 10 of the stocks recent reviewers have rated it a Buy, while 9 say to Hold. However, even the low-ball price target is higher than the current share price, so it would seem that even the skeptics see potential here. With shares trading at $20.97, the average price target of $28.44 implies an upside of ~38%. (See TPR's price targets and analyst ratings on TipRanks)
Luxury brands could see sales in Hong Kong decline 10% to 60% compared to last year if protests continue through the end of 2019, Cowen data shows.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...