blog

Latest from the Quantamize Blog

Global Stocks Trending in the News for April 26th, 2019

Apr 26, 2019

Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions
Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions

 

 

Click name for Q-Factor breakdown, latest price details, more financial info and sentiment data.

Global Consumer Stocks Trending in the News

  • Altria (MO) shares slipped after the company reported quarterly financial that broadly missed analyst expectations. Altria's revenue excluding excise taxes of $4.39 billion missed the lowest analyst estimates that ranged between $4.40 billion and $4.74 billion. Altria also generated an adjusted EPS of $0.90 in the first quarter that missed consensus for earnings of $0.92/share. Altria is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Consumer Staples Global Top Stock Ideas.  
  • Amazon (AMZN) delivered first quarter earnings well above consensus.  Amazon delivered first quarter EPS of $7.09 while consensus was $4.67.  Amazon net sales in the first quarter were $59.7 billion, matching consensus.  Amazon reported AWS sales of $7.7 billion, posting 41% y/y growth, matching consensus of $7.67 billion.  Amazon gave 2Q sales guidance of $59.5 billion to $63.5 billion.  Amazon is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Top Buy” in our US Consumer Discretionary Global Top Stock Ideas.
  • Archer-Daniels Midland (AMD) reported first quarter earnings well below expectations.  ADM reported first quarter EPS of 46 cents, missing the 60 cents consensus.  First quarter revenue of $15.3 billion missed the $15.59 billion consensus.  ADM said it will create a new ethanol subsidiary to allow it more options, such as a spin-off, for that business unit.  ADM will be offering early retirement to some employees in the US and Canada.   ADM is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Consumer Staples Global Top Stock Ideas
  • Colgate-Palmolive (CL) posted first quarter earnings and revenue in line.  Colgate-Palmolive first quarter adjusted EPS of 67 cents came in line with 66 cents consensus.  Revenue in the first quarter of $3.88 billion matched $3.86 billion.  Colgate-Palmolive reiterated full year guidance of 2% to 4% organic sales growth with net sales growth flat to slight growth.  Colgate-Palmolive is rated “Attractive” in our US Large-Cap Global Top Stock Ideas and “Top Buy” in our US Consumer Staples Global Top Stock Ideas
  • Daimler (DB:DAI) reported first quarter results that matched consensus.  Daimler posted first quarter ebit of 2.80 billion euros while consensus was 2.78 billion.  Total sales of 39.7 billion euros came a touch ahead of 39.28 billion euros.  Daimler first quarter profit was 2.15 billion euros.  Analysts comment that this should be the worst quarter of 2019 as Daimler consider laying off up to 10,000 jobs.  Daimler is rated “Unattractive” in our US Large-Cap Global Top Stock Ideas
  • DR Horton (DHI) reported fiscal second quarter results that beat expectations.  DR Horton posted fiscal second quarter EPS of 93 cents, beating consensus of 86 cents.  Second quarter revenue of $4.13 billion beat $4.05 billion consensus.  Net orders grew 6% in the quarter.  DR Horton gave 2019 revenue guidance of $16.7 billion to $17 billion, below present consensus of $17.16 billion.  DR Horton is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Neutral” in our US Consumer Discretionary Global Top Stock Ideas.  
  • Ford Motor Co (F) reported earnings that beat consensus, bearing fruit from its turnaround efforts.  Ford reported first quarter adjusted EPS of 44 cents, ahead of the 26 cents expected.  Revenue in the first quarter of $37.2 billion beat the $36.99 consensus.  Ford is rated “Top Short” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Consumer Discretionary Global Top Stock Ideas.
  • Goodyear Tire & Rubber (GT) report better than expected earnings.  Goodyear first quarter adjusted EPS of 19 cents came well ahead of 6 cents consensus.  Revenue of $3.6 billion missed $3.71 billion consensus.  Goodyear saw weakness in its Asian business.   Goodyear Tire & Rubber is rated “Top Short” in our US Large-Cap Global Top Stock Ideas and “Neutral” in our US Consumer Discretionary Global Top Stock Ideas
  • Hershey (HSY) shares traded higher after the company announced an adjusted EPS in the first quarter of $1.59, beating the highest analyst estimates that ranged between $1.44 and $1.55. Hershey see its FY2019 adjusted EPS coming between $5.63 and $5.74, the midpoint of which is higher than consensus of $5.64. Hershey is rated “Top Buy” in our US Large-Cap Global Top Stock Ideas and “Top Buy” in our US Consumer Staples Global Top Stock Ideas.
  • Mattel (MAT) posted first quarter sales and earning that beat consensus handily.   Mattel reported first quarter adjusted loss of 44 cents per share, better than the 58 cents per share loss expected.  Revenue in the first quarter of $689.2 million beat the $648 million consensus.  Barbie and Hot Wheels saw strong sales growth.  Mattel is rated “Top Short” in our US Large-Cap Global Top Stock Ideas and “Neutral” in our US Consumer Discretionary Global Top Stock Ideas.
  • Tesla (TSLA) reported a huge loss for the first quarter, much more than expected.  Tesla lost $494 million in the quarter, or $2.90 per share.  Consensus was for a $1.30 per share loss.  Tesla is planning to raise up to $2.5 billion in new equity this year.  For comparison, Tesla recorded only $2.2 billion in cash on its balance sheet at the end of the quarter.  Tesla reiterated its plans to deliver 360,000 to 400,000 cars in 2019.  Tesla said it will shoot to be cash flow “neutral” this year whereas past guidance was to be earing profits past this quarter.  Tesla is rated “Top Short” in our US Large-Cap Global Top Stock Ideas and “Neutral” in our US Consumer Discretionary Global Top Stock Ideas.

Global Information Technology and Communication Services Stocks Trending in the News

  • Comcast Corp. (CMCA.A) is reportedly in talks to sell its 30% stake in streaming service Hulu to the majority owner of the entity, Walt Disney Co. (DIS). After Disney completed the acquisition of 21st Century Fox in March for $71 billion, Disney became a 60% owner in Hulu -- last week, Disney agreed to buy out minority Hulu investor AT&T Inc. (T) at a valuation of $15 billion. Comcast Corp. is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Information Technology Global Top Stock Ideas. Disney is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Information Technology Global Top Stock Ideas. AT&T is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Information Technology Global Top Stock Ideas.
  • Facebook (FB) reported first quarter revenue that beat consensus.  Facebook posted first quarter EPS of $0.85, ex-legal expenses it would have been $1.89.  Facebook first quarter revenue of $15.08 billion beat consensus of $14.97 billion.   Facebook reported a $3 billion expense charge in the quarter related to FTC legal issues.  Facebook reported 1.56 billion daily active users in the quarter.  Facebook is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Information Technology Global Top Stock Ideas.
  • Intel (INTC) reported earnings in line and slashed guidance.  Intel reported first quarter adjusted EPS of 89 cents, ahead of87 cents expected.  Revenue in the first quarter of $16.1 billion came in line with $16.03 consensus.  Intel gave second quarter EPS guidance of about 89 cents and sees full year EPS about $4.35, a cut from $4.60 previously.  Intel is rated “Unattractive” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Information Technology Global Top Stock Ideas.
  • Lam Research (LRCX) reported fiscal third quarter EPS of $3.70 which consensus of $3.38.  Lam Research fiscal third quarter revenue of $2.44 billion consensus of $2.40 billion.   Lam Research gave fourth quarter EPS guidance of $3.20 to $3.60.  Lam Research is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Neutral” in our US Information Technology Global Top Stock Ideas.
  • Microsoft (MSFT) reported fiscal third quarter EPS of $1.14 which beat consensus of $1.00.  Microsoft fiscal third quarter revenue of $30.57 billion beat consensus of $29.86 billion.  Cloud revenue of $9.65 billion beat $9.3 billion, growing 41% y/y.  Microsoft is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Information Technology Global Top Stock Ideas.
  • Nintendo (TSE: 7974) shares fell lower after the company announced first quarter financial results and guidance that disappointed analyst expectations. Nintendo signaled that it would not introduce the highly anticipated new Switch gaming console model at the E3 trade show in June. Nintendo also posted operating profit of 29.7 billion yen in the first quarter ($266 million), missing consensus of $36 billion yen. Nintendo is not rated in our Global Top Stock Ideas.
  • Nokia Corporation (HLSE: NOKIA) shares fell by double-digits after the company signaled that its high volume of 5G business expected in the second half of 2019 also comes with risks to the company. “We demonstrated in 2017 that we can deliver a fully loaded second half, and we expect we can do so again,” said CEO Rajeev Suri, who added the caveat, “That said, I think it’s reasonable to acknowledge that our slow start to the year has slightly increased risk in this area.” Nokia is rated “Neutral” in our European Large-Cap Global Top Stock Ideas.
  • PayPal (PYPL) reported first quarter adjusted EPS of $0.78 which beat consensus of $0.68.  PayPal first quarter revenue of $4.13 billion matched consensus.   PayPal gave second quarter EPS guidance of $$0.68 yo $0.78.  PayPal said 40 million users used its Venmo service at least once a month.  PayPal said it will invest $500 million in the Uber (UBER) IPO.  Uber said it lowered its target valuation to $80 billion to $90 billion, down from $100 billion.  Uber is seeking to raise $9 billion in its IPO.  If successful, Uber’s IPO will rank in the top 10 of all time.  PayPay is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Neutral” in our US Information Technology Global Top Stock Ideas.
  • Visa (V) reported fiscal second quarter EPS of $1.31 which consensus of $1.24.  Visa fiscal second quarter revenue of $5.5 billion came in line with consensus of $5.47 billion.   Visa posted payments growth of 8% in the quarter.  Visa is rated “Top Buy” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Information Technology Global Top Stock Ideas.
  • Xilinx Inc. (XLNX) shares slid by the most in 5 years after the company offered a disappointing gross margin outlook for FY2019. Analysts responded to the guidance by saying they do not see an opportunity for short-term upside in the company. The guidance caused analysts to initiate a slew of downgrades and slashes to price forecasts. Xilinx is rated “Attractive” in our US Large-Cap Global Top Stock Ideas and “Attractive” in our US Information Technology Global Top Stock Ideas.

Global Industrials Stocks Trending in the News

  • 3M (MMM) reported first quarter earnings that trailed expectations.  3M reported first quarter adjusted EPS of $2.23, behind the $2.48 expected.  Revenue in the first quarter of $7.86 billion trailed the $8.02 consensus.  3M is realigning its business units from 5 to 4 and will eliminate 2,000 jobs worldwide, taking a $150 million charge.  3M cuts its 2019 EPS guidance to $9.25 to $9.75, a huge cut from $10.45 to $10.90.  3M is rated “Top Buy” in our US Large-Cap Global Top Stock Ideas and “Top Buy” in our US Industrials Global Top Stock Ideas.
  • American Airlines (AAL) reported first quarter earnings in line.  American reported first quarter EPS if 52 cents while consensus was 51 cents.  American reported first quarter revenue of $10.58 was in line with $10.6 billion consensus.  American gave full year EPS guidance of $4.00 to $6.00, present consensus is $5.61.  This is a huge cut in guidance from the original $5.50 to $7.50.  American Airlines is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Neutral” in our US Industrials Global Top Stock Ideas
  • Bombardier Inc. (TSX: BBD.B) shares tanked as much as 25% after announcing first quarter financials and slashed its FY2019 guidance. Bombardier cut its revenue forecasts for FY2019 by $1 billion due to a soft first quarter that was the result of aircraft delivery timings and slower-than-expected ramp up in rail projects production during the first quarter. Bombardier is rated “Neutral” in our Canada All-Cap Global Top Stock Ideas.
  • Rockwell Automation (ROK) shares fell after the company announced quarterly earnings and offered guidance with a midpoint that missed analyst consensus. Rockwell told analyst that it sees FY2019 adjusted EPS between $8.85 and $9.15, the midpoint of which is below consensus of $9.01. Rockwell’s adjusted EPS of $2.04 in its fiscal second quarter also missed analyst expectations of $2.08. Rockwell is rated “Attractive” in our US Large-Cap Global Top Stock Ideas and “Neutral” in our US Industrials Global Top Stock Ideas.
  • UPS (UPS) reported first quarter earnings that missed consensus as it suffered weather challenges in the quarter.  UPS reported first quarter EPS of $1.39, trailing $1.42 consensus.  UPS said poor weather cost it 7 cents per share in earnings.  First quarter revenue of $17.3 billion while consensus was for $17.78 billion.  UPS saw improvements in margin overseas and said this quarter should be the low point in earnings for the year.  UPS gave 2019 EPS guidance of $7.45 to $7.75.  UPS is rated “Neutral” in our US Large-Cap Global Top Stock Ideas and “Neutral” in our US Industrials Global Top Stock Ideas

 

 

We Crunch the Numbers, You Make the Trade.We Crunch the Numbers, You Make the Trade.
We Crunch the Numbers, You Make the Trade.We Crunch the Numbers, You Make the Trade.

Global Financials Stocks Trending in the News

  • Capital One Financial (COF) reported earnings and revenue that beat consensus.  Capital One reported first quarter adjusted EPS of $2.90, ahead of $2.70 expected.  Revenue in the first quarter of $7.1 billion beat the $7.03 billion consensus.  Capital One Financial is rated “Unattractive” in our US Large-Cap Global Top Stock Ideas.
  • Deutsche Bank (DB:DBK) and Commerzbank (DB:CBK) have formally ended their merger talks.  Five weeks of talks could not yield a deal.  A host of economic and political concerns limited Deutsche Bank and Commerzbank from creating the national powerhouse the German Finance Ministry was pushing for.  Deutsche now must come up with its fifth turnaround plan since 2015 in the wake of the failed merger attempt.   In the end, the 2 banks simply agreed a merger would be too difficult.  Deutsche Bank is rated “Neutral” in our European Large-Cap Global Top Stock Ideas.  Commerzbank is rated “Unattractive” in our European Large-Cap Global Top Stock Ideas.
  • Lazard Ltd. (LAZ) shares slid after the company reported quarterly financials, which contained a 15% decline in the company’s first quarter financial advisory fees. Lazard CEO also told analysts that he expects his firm and other US rivals to gain market share from the largest European investment banks. Lazard is not rated in our Global Top Stock Ideas.

Global Commodities & Energy Stocks Trending in the News

  • ExxonMobil (XOM) reported first quarter earnings that missed expectations.  ExxonMobil first quarter EPS of 55 cents missed 72 cents consensus.  ExxonMobil total production of 3.98 mboe/d, in line with 4.01 mboe/d consensus.  ExxonMobil suffered weak prices in both the oil and natural gas markets as compared with the previous quarter.  ExxonMobil has total capital expenditures of $6.89 billion in the first quarter.  ExxonMobil is rated “Unattractive” in our US Large-Cap Global Top Stock Ideas
  • Glencore Plc (LSE:GLEN) is under investigation by the Commodities Futures Trading Commission for possible corrupt practices.  Glencore is being investigated by the US Justice Department, FBI as well as authorities in Brazil in relation to the “Car Wash” bribery scandal.  Glencore is also being looked at in connection with bribery in Nigeria.  Glencore is rated “Neutral” in our European Large-Cap Global Top Stock Ideas and “Unattractive” in our United Kingdom All-Cap Global Top Stock Ideas
  • Hess Corp (HES) reported a surprise first quarter profit.  Hess posted a 9 cents per share profit while consensus was for a 27 cents per share loss.  Hess delivered greater than expected oil production in the Gulf of Mexico and the Bakken shale region. Hess Corporation is rated “Top Short” in our US Large-Cap Global Top Stock Ideas
  • Newmont Gold Corp (NEM) delivered first quarter earnings that beat expectations.  Goldcorp first quarter EPS of 33 cents came ahead of 27 cents consensus.  Revenue of $1.8 billion trailed $1.87 billion consensus.  Newmont reported 1.23 million ounces of production.  Newmont Gold Corp is rated “Attractive” in our US Large-Cap Global Top Stock Ideas

Global Health Care Stocks Trending in the News

  • AbbVie (ABBV) posted first quarter adjusted EPS and revenue that beat consensus.  AbbVie reported first quarter EPS of $2.14, ahead of $2.06.  Revenue of $7.83 billion beat $7.78 billion consensus.  Despite increased competition for its best-selling drug Humira, AbbVie hiked EPS guidance to $8.73 to $8.83 fro 2019, up from $8.65 to $8.75; consensus is $8.69.  AbbVie’s psoriasis drug Skyrizi received FDA approval April 23rd.  AbbVie is rated “Attractive” in our US Large-Cap Global Top Stock Ideas

 

 

Global Top Stock IdeasTOP LONG & TOP SHORT STOCK IDEAS FOR GLOBAL MARKETSMONTHLY TOP IDEAS FROM OUR MULTI-FACTOR QUANTITATIVE MODELS
Global Top Stock IdeasTOP LONG & TOP SHORT STOCK IDEAS FOR GLOBAL MARKETSMONTHLY TOP IDEAS FROM OUR MULTI-FACTOR QUANTITATIVE MODELS