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719300.0
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2022-09-09 00:00:00 UTC
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Best Growth Stocks to Buy for September 9th
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https://www.nasdaq.com/articles/best-growth-stocks-to-buy-for-september-9th
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 9th:
Klabin S.A. KLBAY: This paper and pulp company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.9% over the last 60 days.
Klabin SA Price and Consensus
Klabin SA price-consensus-chart | Klabin SA Quote
Klabin has a PEG ratio of 0.16 compared with 0.36 for the industry. The company possesses a Growth Score of A.
Klabin SA PEG Ratio (TTM)
Klabin SA peg-ratio-ttm | Klabin SA Quote
Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.3% over the last 60 days.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. price-consensus-chart | Dillard's, Inc. Quote
Dillard’s has a PEG ratio of 0.58 compared with 0.75 for the industry. The company possesses a Growth Score of B.
Dillard's, Inc. PEG Ratio (TTM)
Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote
Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.1% over the last 60 days.
Cheniere Energy, Inc. Price and Consensus
Cheniere Energy, Inc. price-consensus-chart | Cheniere Energy, Inc. Quote
Cheniere has a PEG ratio of 0.14 compared with 0.18 for the industry. The company possesses a Growth Score of A.
Cheniere Energy, Inc. PEG Ratio (TTM)
Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Cheniere Energy, Inc. (LNG): Free Stock Analysis Report
Klabin SA (KLBAY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The company possesses a Growth Score of A. Klabin SA PEG Ratio (TTM) Klabin SA peg-ratio-ttm | Klabin SA Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.3% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 9th: Klabin S.A. KLBAY: This paper and pulp company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.9% over the last 60 days.
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The company possesses a Growth Score of A. Klabin SA PEG Ratio (TTM) Klabin SA peg-ratio-ttm | Klabin SA Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.3% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.1% over the last 60 days.
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The company possesses a Growth Score of A. Klabin SA PEG Ratio (TTM) Klabin SA peg-ratio-ttm | Klabin SA Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.3% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.1% over the last 60 days.
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The company possesses a Growth Score of A. Klabin SA PEG Ratio (TTM) Klabin SA peg-ratio-ttm | Klabin SA Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.3% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 9th: Klabin S.A. KLBAY: This paper and pulp company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.9% over the last 60 days.
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c604701c-b3ef-402d-bea1-43803b2aa5dc
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719301.0
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2022-09-08 00:00:00 UTC
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GameStop (GME) Stock Up on Narrower-Than-Expected Q2 Loss
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https://www.nasdaq.com/articles/gamestop-gme-stock-up-on-narrower-than-expected-q2-loss
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Shares of GameStop Corp. GME increased 11.7% during after-hours trading on Sep 7, 2022, after it posted a narrower-than-expected second-quarter fiscal 2022 loss. The company also announced its partnership with FTX US, one of the largest cryptocurrency exchanges.
That being said, the bottom line deteriorated from the year-ago quarter’s reported loss. The beleaguered video-game retailer’s fiscal second-quarter top line declined year over year and missed the Zacks Consensus Estimate.
GameStop has been undertaking initiatives to diversify the business and become a technology-driven organization. The Grapevine, TX-based company launchedits non-fungible token (NFT) marketplace to aid gamers, creators, collectors and others in buying, selling and trading NFTs. Management modernized and solidified its systems via the implementation of SAP.
GameStop Corp. Price, Consensus and EPS Surprise
GameStop Corp. price-consensus-eps-surprise-chart | GameStop Corp. Quote
Q2 in Details
GameStop posted an adjusted loss of 35 cents per share in second-quarter fiscal 2022, narrower than the Zacks Consensus Estimate of a loss of 38 cents. In the year-ago quarter, the company had reported an adjusted loss of 19 cents a share.
The company reported net sales of $1,136 million, which missed the Zacks Consensus Estimate of $1,254.7 million. The metric declined from $1,183.4 million reported in the year-ago quarter. Management highlighted that sales attributable to new and expanded brand relationships remained solid in the quarter.
By sales mix, hardware and accessories sales declined to $596.4 million from $609.6 million reported in the year-ago quarter. Software sales came in at $316.4 million, down from $396.6 million posted in the prior-year quarter. Sales in the collectibles unit amounted to $223.2 million compared with $177.2 million reported in the year-ago quarter.
Margins
Gross profit declined to $282.2 million from $320.9 million posted in the year-ago quarter, while gross margin contracted to 24.8% from 27.1%.
Adjusted SG&A expenses stood at $388.4 million, up from $372.3 million reported in the year-ago quarter.
The company’s adjusted operating loss was $106.2 million in the reported quarter. It had reported an adjusted operating loss of $51.4 million in the prior-year period. Adjusted EBIDTA loss was $78.1 million compared with adjusted EBIDTA loss of $29.5 million in the prior-year quarter.
Image Source: Zacks Investment Research
New Development
The company unveiled its partnership with FTX US (FTX), which is aimed at introducing more GameStop customers to FTX’s community and marketplaces. GameStop is partnering with FTX on new e-commerce and online marketing efforts. It will also start carrying FTX gift cards across select stores.
Other Financial Aspects
The Zacks Rank #3 (Hold) company ended the quarter with cash and cash equivalents of $908.9 million, net long-term debt of $32.1 million and stockholders’ equity of $1,343.5 million. Inventory was $734.8 million at the end of the reported quarter compared with $596.4 million at the close of the same quarter last year. The company maintains enough in-stock levels to meet customer demand and mitigate supply chain challenges.
During the second quarter, cash flow from operations was an outflow of $103.4 million, compared with an outflow of $11.5 million during the same period last year. Capital expenditures in the quarter amounted to $20.5 million.
GME’s stock has declined 8.6% in the past six months compared with the industry’s fall of 25%.
3 Key Retail Picks
Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Kroger KR.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of nearly 215%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial year sales suggests growth of 4.8% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Ulta Beauty, which operates as a retailer of beauty products, sports a Zacks Rank #1. Ulta Beauty has a trailing four-quarter earnings surprise of 32.8%, on average.
The Zacks Consensus Estimate for Ulta Beauty’s current financial year sales suggests growth of 13.7% from the year-ago reported number. ULTA has an expected EPS growth rate of 11.9% for three to five years.
Kroger, which provides an array of goods ranging from household essentials, groceries and electronics to toys and apparel for men, women and kids, currently carries a Zacks Rank #2 (Buy). KR has a trailing four-quarter earnings surprise of 20.3%, on average.
The Zacks Consensus Estimate for Kroger’s current financial year sales suggests growth of 7.6% from the year-ago period’s reported figures. KR has an expected EPS growth rate of 11.3% for three-five years.
Special Report: The Top 5 IPOs for Your Portfolio
Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in. One is set to disrupt the online communication industry. Brilliantly designed for creating online communities, this stock is poised to explode when made public. With the strength of our economy and record amounts of cash flooding into IPOs, you don’t want to miss this opportunity.
>>See Zacks’ Hottest IPOs Now
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
GameStop Corp. (GME): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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3 Key Retail Picks Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Kroger KR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Key Retail Picks Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Kroger KR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Key Retail Picks Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Kroger KR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Key Retail Picks Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Kroger KR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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531111ba-033c-4964-aa04-bfd2f6566597
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719302.0
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2022-09-08 00:00:00 UTC
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American Eagle (AEO) Dips on Q2 Earnings & Revenue Miss
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https://www.nasdaq.com/articles/american-eagle-aeo-dips-on-q2-earnings-revenue-miss
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Shares of American Eagle Outfitters, Inc. AEO plunged more than 15% after the trading session on Sep 7, following the dismal second-quarter fiscal 2022 results, wherein the top and bottom lines missed the Zacks Consensus Estimate. Results were impacted by a tougher macro environment and changing consumer spending behavior.
However, the company is undertaking efforts, including non-critical expense reductions, hiring freeze and reduction in capital expenditure, to strengthen its financial position. Management paused its quarterly cash dividend for now. The company continued to gain from the execution of the “Real Power. Real Growth.” plan.
Shares of the Zacks Rank #5 (Strong Sell) company have plunged 54.2% year to date compared with the industry’s decline of 43.1%.
Image Source: Zacks Investment Research
Q2 Details
American Eagle reported earnings of 4 cents per share, which significantly missed the Zacks Consensus Estimate of 13 cents. Our estimate for the bottom line was 15 cents a share. The bottom line declined 93.3% from adjusted earnings of 60 cents reported in second-quarter fiscal 2021.
Total net revenues of $1,198 million remained almost flat year over year and lagged the Zacks Consensus Estimate of $1,199 million. Our estimate for the top line was $1,223.4 million. Revenue growth was aided by a 2-percentage-point contribution from supply-chain acquisitions. The metric advanced 15% from the pre-pandemic level.
Brand-wise, revenues fell 8% to $778 million for AE and lagged our estimate of $852.9 million. Meanwhile, it advanced 11% to $372 million for Aerie and beat our estimate of $341.8 million.
The company’s digital revenues were down 6% year over year, while the same advanced 60% from the pre-pandemic levels (second-quarter fiscal 2019). Digital revenues accounted for 33% of the total revenues, driven by its mobile app, which is now the largest source of revenues in the digital channel.
Store revenues fell 2% year over year, driven by continued channel migration back to stores. Store sales were up 1% from the pre-pandemic levels.
In the quarter, the company launched a mobile point-of-sale system in its North America stores through which customers can check out or return items through a store associate. The move is likely to expedite transaction speed and minimize wait time, particularly in peak fall and holiday selling seasons.
The gross profit dropped 26% year over year to $370 million, while the gross margin contracted 1,120 basis points (bps) to 30.9%. This mainly resulted from higher markdown impacts of 750 bps, a 200-bps impact of freight costs and a 60-bps impact of the recent supply-chain business acquisition. The gross margin was also impacted by increased rent and delivery expenses, slightly offset by lower incentive compensation accruals.
Selling, general and administrative (SG&A) expenses rose 5% year over year to $308 million. As a percentage of sales, S&A expenses increased 110 bps to 25.7% due to a rise in store wages, increased corporate compensation, professional services and advertising expenses. This was partly negated by lower incentive compensation accruals.
Operating income in the fiscal second quarter was $14 million, down significantly from $168 million in the year-ago quarter. Operating income included a $25-million headwind from higher freight costs, a $30-million impact from higher end-of-season selloffs and a $9-million loss from supply-chain acquisitions. The operating margin contracted 1,290 bps year over year to 1.2%.
For the Aerie brand, operating income of $11.8 million compared unfavorably with the year-ago quarter’s $70.6 million. The AE brand’s operating income declined 45.1% year over year to $109.1 million.
Other Financial Details
American Eagle ended second-quarter fiscal 2022 with cash and cash equivalents of $98.2 million. Total shareholders’ equity as of Apr 30, 2022, was $1,372.9 million. The company had total liquidity, including available credit, of $453 million at the quarter end.
AEO bought back 17 million shares as part of its share repurchase program worth $200 million. Management paid a dividend of 18 cents per share in the quarter.
The company’s capital expenditure was $69 million in the reported quarter. It expects a capital expenditure of $250 million for fiscal 2022, down from the prior stated $275 million.
Store Update
In second-quarter fiscal 2022, the company opened 4 AE, 23 Aerie and one Todd Snyder stores, while it closed 9 AE and one Aerie stores. The store openings for the Aerie brand included stand-alone as well as Aerie OFFLINE side-by-side formats. For AE, the company is on track with its target of rightsizing the brand store footprint.
At the end of the fiscal second quarter, American Eagle operated 1,160 stores, comprising 873 AE, 276 Aerie, six Todd Synder and five unsubscribed stores. Additionally, it operated 260 international license outlets.
American Eagle Outfitters, Inc. Price, Consensus and EPS Surprise
American Eagle Outfitters, Inc. price-consensus-eps-surprise-chart | American Eagle Outfitters, Inc. Quote
Guidance
Management has been witnessing sluggish demand trends. Quarter to date, brand revenues have declined in the high-single digits due to exceptional growth and a record back-to-school season last year. The gross margin is likely to be in the mid-30s and low-30s for the third and fourth quarters of fiscal 2022, respectively. This is mainly due to higher markdowns from increased promotions and seasonal clearance cadence being more weighted to the fourth quarter.
In a bid to mitigate the hurdles, American Eagle has expanded expense cuts in store payroll, corporate, professional services and advertising. The move is expected to generate cost savings of $100 million on an annual basis compared with the prior target of $60 million. As a result, SG&A expenses are anticipated to be flat year over year in the second half of fiscal 2022 compared with the earlier mentioned low to mid-single-digit growth.
The company cleared all excess spring and summer goods. It entered the fiscal third quarter with better inventory levels, and fresh back-to-school and fall merchandise.
Stocks to Consider
Here are three better-ranked stocks to consider — Dollar General DG, Dillard’s DDS and Ulta Beauty ULTA.
Dollar General, a discount retailer, currently carries a Zacks Rank #2 (Buy). DG has an expected EPS growth rate of 12.8% for three to five years. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for Dollar General’s current financial-year revenues and EPS suggests growth of 10% and 13.4%, respectively, from the year-ago reported figure. Dollar General has a trailing four-quarter earnings surprise of 2.8%, on average.
Dillard's, which operates retail department stores, currently sports a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of nearly 215%, on average.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Ulta Beauty, which operates as a retailer of beauty products, currently sports a Zacks Rank #1. Ulta Beauty has a trailing four-quarter earnings surprise of 32.8%, on average. ULTA has an expected EPS growth rate of 11.9% for three to five years.
The Zacks Consensus Estimate for Ulta Beauty’s current financial-year sales suggests growth of 13.7% from the year-ago reported number.
Special Report: The Top 5 IPOs for Your Portfolio
Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in. One is set to disrupt the online communication industry. Brilliantly designed for creating online communities, this stock is poised to explode when made public. With the strength of our economy and record amounts of cash flooding into IPOs, you don’t want to miss this opportunity.
>>See Zacks’ Hottest IPOs Now
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Dollar General Corporation (DG): Free Stock Analysis Report
American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Dollar General DG, Dillard’s DDS and Ulta Beauty ULTA. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Stocks to Consider Here are three better-ranked stocks to consider — Dollar General DG, Dillard’s DDS and Ulta Beauty ULTA. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Stocks to Consider Here are three better-ranked stocks to consider — Dollar General DG, Dillard’s DDS and Ulta Beauty ULTA. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Stocks to Consider Here are three better-ranked stocks to consider — Dollar General DG, Dillard’s DDS and Ulta Beauty ULTA. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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c67c5dc2-8317-4721-b4a8-48c06638f1b9
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719303.0
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2022-09-08 00:00:00 UTC
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Casey's (CASY) Q1 Earnings Miss Estimates, Revenues Up Y/Y
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DDS
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https://www.nasdaq.com/articles/caseys-casy-q1-earnings-miss-estimates-revenues-up-y-y
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Casey's General Stores, Inc. CASY came up with first-quarter fiscal 2023 results, wherein the top and bottom lines missed the Zacks Consensus Estimate. However, both metrics improved from the year-ago period due to robust Inside sales and a strong fuel margin.
A Closer Look at Results
Casey's, one of the leading convenience store chains in the United States, posted quarterly earnings of $4.09 per share, which fell short of the Zacks Consensus Estimate of $4.32 but improved sharply from $3.19 reported in the prior-year period.
The year-over-year jump in the bottom line can be attributed to higher fuel and merchandise contributions. This was partly offset by an increase in operating expenses, driven primarily from operating 74 more stores than a year ago, as well as an increase in credit card fees resulting from the record-high retail price of fuel.
Total revenues of $4,454.6 million missed the Zacks Consensus Estimate of $4,588 million but surged 40% year over year. Revenues grew across all three categories: Fuel, Grocery & General Merchandise and Prepared Food & Dispensed Beverage.
Inside sales jumped 10.7% to $1,266.6 million during the quarter. This increase was driven by the stellar performance in prepared food items, including pizza slices, hot breakfast sandwiches and burritos, as well as non-alcoholic and alcoholic beverages, salty snacks and candy from the grocery and general merchandise category.
Inside same-store sales increased 6.3% compared with an 8% rise registered in the year-ago period. The growth in the metric was driven by prepared food and dispensed beverages, most notably pizza slices, refreshed breakfast menu and cold dispensed beverages.
Casey's General Stores, Inc. Price, Consensus and EPS Surprise
Casey's General Stores, Inc. price-consensus-eps-surprise-chart | Casey's General Stores, Inc. Quote
Margins & Expenses
The gross profit increased 15.5% year over year to $836.3 million due to higher revenues. However, the gross margin contracted 390 basis points to 18.8%. Inside gross profit grew 8.8% to $504.3 million. Meanwhile, Inside margin shrunk 70 basis points to 39.8%.
Adjusted EBITDA increased 20.6% year over year to $293.2 million during the quarter under discussion.
Casey's witnessed an increase of 13.4% in operating expenses of $543.3 million. The metric increased for operating 74 more stores compared with the same period last year, higher long-term incentive compensations and a rise in same-store credit card fees due to a jump in retail fuel prices.
Performance by Categories
We note that Fuel sales surged 57.4% year over year to $3,096.3 million during the quarter due to an increase of 52.4% in the average retail price per gallon and a jump in the number of gallons sold. Fuel gallons sold jumped 3.3% to 689.5 million due to the increase in the store count.
Fuel gallons same-store sales declined 2.3% during the quarter under discussion against a 9% increase in the year-ago period as volumes were impacted by the high retail fuel price. Fuel gross profit rose 31.4% to $308.2 million, given the favorable environment due to declining wholesale costs. We note that the fuel margin increased to 44.7 cents per gallon from 35.1 cents per gallon in the prior-year period.
Grocery & General Merchandise sales rose 10.5% to $923.1 million during the quarter due to the robust sales of packaged beverages, salty snacks and candy. Same-store sales increased 5.5% compared with 7% growth in the year-ago quarter. Grocery & General Merchandise margin expanded 90 basis points to 33.9%. Again, the gross profit increased 13.8% to $313.3 million during the quarter.
Prepared Food & Dispensed Beverage sales rose 11.4% to $343.6 million due to the increased sales of pizza slices as well as breakfast sandwiches and burritos. Same-store sales increased 8.4% compared with 10.8% in the year-ago quarter.
Prepared Food & Dispensed Beverage margin contracted 540 basis points to 55.6% due to higher ingredient costs, primarily cheese. This was partly offset by retail price adjustments. We note that the gross profit jumped 1.5% year over year to $191 million.
Store Update
During the quarter, Casey's constructed two new stores, acquired one store and closed one. As of Jul 31, 2022, it operated 2,454 stores. The company expects to add approximately 80 stores in fiscal 2023.
Other Financial Aspects
Casey's ended the quarter with cash and cash equivalents of $312.4 million, long-term debt and finance lease obligations (net of current maturities) of $1,639.2 million and shareholders’ equity of $2,380 million.
During the quarter, Casey's did not make any share repurchases. The company has $400 million remaining under its existing share repurchase authorization.
FY23 Outlook
Casey's continues to estimate fiscal 2023 same-store Inside sales to increase 4-6% and expects to maintain an Inside margin of about 40%. Management reiterated the same-store fuel gallon projection of flat to up 2%.
Casey's continues to expect an increase of approximately 9-10% in total operating expenses. The company expects to make an investment of roughly $450 to $500 million in plant and equipment in the fiscal year.
Shares of this Zacks Rank #3 (Hold) company have advanced 19.6% in the past six months compared with the industry’s growth of 20.5%.
3 Picks You Can’t Miss Out On
Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Arhaus ARHS.
Dillard's, which operates retail department stores, currently sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of nearly 215%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of nearly 4.8% from the year-ago period.
Ulta Beauty, which operates as a retailer of beauty products, presently sports a Zacks Rank #1. Ulta Beauty has a trailing four-quarter earnings surprise of 32.8%, on average. ULTA has an expected EPS growth rate of 11.9% for three to five years.
The Zacks Consensus Estimate for Ulta Beauty’s current financial-year sales suggests growth of 13.7% from the year-ago reported number.
Arhaus, which operates as a lifestyle brand and a premium retailer, currently carries a Zacks Rank #2 (Buy). ARHS has an expected EPS growth rate of 14.3% for three to five years.
The Zacks Consensus Estimate for Arhaus’ current financial-year revenues and EPS suggests growth of 49.2% and 5.8%, respectively, from the year-ago reported figure. ARHS has a trailing four-quarter earnings surprise of 92%, on average.
Special Report: The Top 5 IPOs for Your Portfolio
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>>See Zacks’ Hottest IPOs Now
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Dillard's, Inc. (DDS): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
Casey's General Stores, Inc. (CASY): Free Stock Analysis Report
Arhaus, Inc. (ARHS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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3 Picks You Can’t Miss Out On Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Arhaus ARHS. Dillard's, Inc. (DDS): Free Stock Analysis Report A Closer Look at Results Casey's, one of the leading convenience store chains in the United States, posted quarterly earnings of $4.09 per share, which fell short of the Zacks Consensus Estimate of $4.32 but improved sharply from $3.19 reported in the prior-year period.
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3 Picks You Can’t Miss Out On Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Arhaus ARHS. Dillard's, Inc. (DDS): Free Stock Analysis Report Casey's General Stores, Inc. Price, Consensus and EPS Surprise Casey's General Stores, Inc. price-consensus-eps-surprise-chart | Casey's General Stores, Inc. Quote Margins & Expenses The gross profit increased 15.5% year over year to $836.3 million due to higher revenues.
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3 Picks You Can’t Miss Out On Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Arhaus ARHS. Dillard's, Inc. (DDS): Free Stock Analysis Report This was partly offset by an increase in operating expenses, driven primarily from operating 74 more stores than a year ago, as well as an increase in credit card fees resulting from the record-high retail price of fuel.
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3 Picks You Can’t Miss Out On Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Arhaus ARHS. Dillard's, Inc. (DDS): Free Stock Analysis Report Inside sales jumped 10.7% to $1,266.6 million during the quarter.
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05335af6-b5f4-4629-9e87-700026c315fa
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719304.0
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2022-09-07 00:00:00 UTC
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Best Growth Stocks to Buy for September 7th
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DDS
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https://www.nasdaq.com/articles/best-growth-stocks-to-buy-for-september-7th
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nan
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nan
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 7th:
Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.1% over the last 60 days.
Cheniere Energy, Inc. Price and Consensus
Cheniere Energy, Inc. price-consensus-chart | Cheniere Energy, Inc. Quote
Cheniere has a PEG ratio of 0.14 compared with 0.19 for the industry. The company possesses a Growth Score of A.
Cheniere Energy, Inc. PEG Ratio (TTM)
Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote
Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.3% over the last 60 days.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. price-consensus-chart | Dillard's, Inc. Quote
Dillard’s has a PEG ratio of 0.55 compared with 0.64 for the industry. The company possesses a Growth Score of B.
Dillard's, Inc. PEG Ratio (TTM)
Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote
Marathon Petroleum Corporation MPC: This integrated downstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.9% over the last 60 days.
Marathon Petroleum Corporation Price and Consensus
Marathon Petroleum Corporation price-consensus-chart | Marathon Petroleum Corporation Quote
Marathon Petroleum has a PEG ratio of 0.21 compared with 0.36 for the industry. The company possesses a Growth Score of A.
Marathon Petroleum Corporation PEG Ratio (TTM)
Marathon Petroleum Corporation peg-ratio-ttm | Marathon Petroleum Corporation Quote
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
Want to Know the #1 Semiconductor Stock for 2022?
Few people know how promising the semiconductor market is. Over the last couple of years, disruptions to the supply chain have caused shortages in several industries. The absence of one single semiconductor can stop all operations in certain industries.
This year, companies that create and produce this essential material will have incredible pricing power. For a limited time, Zacks is revealing the top semiconductor stock for 2022. You'll find it in our new Special Report, One Semiconductor Stock Stands to Gain the Most.
Today, it's yours free with no obligation.
>>Give me access to my free special report.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Cheniere Energy, Inc. (LNG): Free Stock Analysis Report
Marathon Petroleum Corporation (MPC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The company possesses a Growth Score of A. Cheniere Energy, Inc. PEG Ratio (TTM) Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.3% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 7th: Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.1% over the last 60 days.
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The company possesses a Growth Score of A. Cheniere Energy, Inc. PEG Ratio (TTM) Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.3% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Marathon Petroleum Corporation MPC: This integrated downstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.9% over the last 60 days.
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The company possesses a Growth Score of A. Cheniere Energy, Inc. PEG Ratio (TTM) Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.3% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Marathon Petroleum Corporation MPC: This integrated downstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.9% over the last 60 days.
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The company possesses a Growth Score of A. Cheniere Energy, Inc. PEG Ratio (TTM) Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.3% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Marathon Petroleum Corporation MPC: This integrated downstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.9% over the last 60 days.
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7fbeb237-5eb8-4121-95f7-b293b8b9516a
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719305.0
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2022-09-06 00:00:00 UTC
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Why Dillard’s (NYSE:DDS) Investors Should Consider Securing Some Profits
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DDS
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https://www.nasdaq.com/articles/why-dillards-nyse%3Adds-investors-should-consider-securing-some-profits
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nan
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nan
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Occasionally, the market delivers unintuitive surprises that catch many investors off guard. Dillard’s (NYSE:DDS), an upscale department store, should be counted among the discretionary retailers struggling for traction. Instead, DDS stock is currently up double digits, seemingly defying gravity and the broader economic context. Still, with ambiguous waters ahead, lucky contrarians should consider at least securing some profits. I am bearish on the circumstances likely to drag down DDS.
On the surface level, prospects for Dillard’s appear compelling. Primarily, the company delivered an earnings and revenue beat for its most recent second-quarter earnings report. Adjusted for non-recurring items, Dillard’s posted earnings of $9.30 a share, comparing favorably to the year-ago result of $8.81 per share. Also, it handily beat Wall Street’s consensus estimate of $3.47.
Significantly, over the last eight quarters, Dillard’s beat consensus estimates for earnings per share all eight times.
On the revenue front, Dillard's rang up sales of $1.59 billion for the quarter that ended July 31, 2022. Here too, Dillard’s beat the consensus target, in this case by 2.23%. Moreover, the latest tally compared favorably to the year-ago result of $1.57 billion. Dillard’s beat the Street’s consensus revenue target four out of the last four quarters.
Following the report, DDS stock closed up nearly 18% against the prior day’s session. Shares would continue to move higher, hitting a closing high of $330.02. Since then, however, market sentiment has soured, with Dillard’s down 12.4% heading into the Labor Day weekend.
In addition, DDS stock lost more than 3% of market value last week, presenting a possible sign: get out while the going is good.
DDS Stock was Solid until Powell Had a Word
Although DDS stock beating out both its department store peers and the S&P 500 index represents one of the outstanding stories of this year, no guarantees exist that the circumstance will continue to hold. In fact, the recent volatility of DDS stock suggests that contrarian stakeholders should consider pocketing at least some profits. That’s because Federal Reserve chair Jerome Powell changed the rules of the game.
Several days ago, at the annual economic symposium at Jackson Hole, Wyoming, Powell issued a hawkish message indicating that “interest rates might stay at a level that restrains growth,” according to TipRanks contributor Reuben Jackson. The news sent most, if not all, risk-on sectors down, whether that be cryptocurrencies or, in this case, companies tethered to the discretionary retail segment.
It’s no secret why DDS stock dropped more than 3% for the week following Powell’s comments. While it’s encouraging on a broader level that the Fed acknowledged the devastation wrought by rising inflation, the subsequent rise in purchasing power is essentially anathema to consumer spending.
As I pointed out in early August, “In 2021, the purchasing power of the U.S. dollar declined by 6%. However, just in the first half of this year, purchasing power dipped by 5.3%. Put another way, the rate of acceleration in currency erosion almost doubled this year.”
Cynically, should the Fed adopt a dovish monetary policy, consumers have a greater incentive to spend. Under this paradigm, holding onto dollars makes them worth less. Therefore, it’s better to spend now. However, in a hawkish paradigm, it’s better to sit on your dollars because, over time, they will be worth more (assuming the hawkishness marches forward and all other things being equal).
Frankly, sitting on your dollars is the last thing Dillard’s – or any other discretionary retailer – will want you to do.
The Devil is in the Details for DDS Stock
At the present juncture, circumstances don’t appear particularly bearish for DDS stock. However, with the Fed changing the framework of the economy, investors need to watch for shifting tides within the granularity of key data points.
On the Aug. 25 edition of TipRanks’ Stock Market Today, it reported that “Continuing Jobless Claims are currently sitting near their lowest levels since 1970. Relatively speaking, this suggests that individuals aren’t struggling to find other jobs after being laid off.”
“However, this figure has been on an overall uptrend since the beginning of June. It will be interesting to see if this trend continues as interest rates rise while economic growth continues to slow down.”
One week later, Stock Market Today reported, “Continuing Jobless Claims, which measures the number of unemployed people who qualify for unemployment insurance, came in at 1.438 million, in line with the forecast but higher than last week’s 1.412 million.”
To be fair, it would be inappropriate to classify such fine details as a call to hit the panic button. At the same time, investing is all about anticipating future events, not trading on known facts. Interestingly, this uptrend in jobless claims is occurring amid the Fed’s commitment to a hawkish monetary policy. Therefore, investors should be careful about overexposure to a discretionary retail play like DDS stock.
Is DDS Stock a Good Investment?
Turning to Wall Street, DDS stock has a Moderate Sell consensus rating based on zero Buys, one Hold, and three Sells assigned in the past three months. The average DDS price target is $235.75, implying 19.5% downside potential.
Takeaway - DDS Stock Investors Need to Read the Signs
Naturally, optimists of DDS stock won’t particularly enjoy reading articles about the bearish implications of discretionary retailers like Dillard’s. However, the math is very simple in this case. The company benefitted (at least somewhat cynically) from an inflationary environment due to the incentivized spending profile. However, with this paradigm set to reverse, it’s vital that investors respond in kind.
Disclosure.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard’s (NYSE:DDS), an upscale department store, should be counted among the discretionary retailers struggling for traction. Instead, DDS stock is currently up double digits, seemingly defying gravity and the broader economic context. I am bearish on the circumstances likely to drag down DDS.
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Dillard’s (NYSE:DDS), an upscale department store, should be counted among the discretionary retailers struggling for traction. Instead, DDS stock is currently up double digits, seemingly defying gravity and the broader economic context. I am bearish on the circumstances likely to drag down DDS.
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DDS Stock was Solid until Powell Had a Word Although DDS stock beating out both its department store peers and the S&P 500 index represents one of the outstanding stories of this year, no guarantees exist that the circumstance will continue to hold. Takeaway - DDS Stock Investors Need to Read the Signs Naturally, optimists of DDS stock won’t particularly enjoy reading articles about the bearish implications of discretionary retailers like Dillard’s. Dillard’s (NYSE:DDS), an upscale department store, should be counted among the discretionary retailers struggling for traction.
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Dillard’s (NYSE:DDS), an upscale department store, should be counted among the discretionary retailers struggling for traction. Instead, DDS stock is currently up double digits, seemingly defying gravity and the broader economic context. I am bearish on the circumstances likely to drag down DDS.
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8946ad6d-e040-4f1d-b4e8-038e8b6264a0
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719306.0
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2022-09-02 00:00:00 UTC
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Best Growth Stocks to Buy for September 2nd
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DDS
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https://www.nasdaq.com/articles/best-growth-stocks-to-buy-for-september-2nd
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nan
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nan
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 2nd:
Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. price-consensus-chart | Dillard's, Inc. Quote
Dillard’s has a PEG ratio of 0.56 compared with 0.63 for the industry. The company possesses a Growth Score of B.
Dillard's, Inc. PEG Ratio (TTM)
Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote
Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.6% over the last 60 days.
Cheniere Energy, Inc. Price and Consensus
Cheniere Energy, Inc. price-consensus-chart | Cheniere Energy, Inc. Quote
Cheniere has a PEG ratio of 0.13 compared with 0.19 for the industry. The company possesses a Growth Score of A.
Cheniere Energy, Inc. PEG Ratio (TTM)
Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote
Marathon Petroleum Corporation MPC: This integrated downstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.9% over the last 60 days.
Marathon Petroleum Corporation Price and Consensus
Marathon Petroleum Corporation price-consensus-chart | Marathon Petroleum Corporation Quote
Marathon Petroleum has a PEG ratio of 0.21 compared with 0.37 for the industry. The company possesses a Growth Score of A.
Marathon Petroleum Corporation PEG Ratio (TTM)
Marathon Petroleum Corporation peg-ratio-ttm | Marathon Petroleum Corporation Quote
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
Want to Know the #1 Semiconductor Stock for 2022?
Few people know how promising the semiconductor market is. Over the last couple of years, disruptions to the supply chain have caused shortages in several industries. The absence of one single semiconductor can stop all operations in certain industries.
This year, companies that create and produce this essential material will have incredible pricing power. For a limited time, Zacks is revealing the top semiconductor stock for 2022. You'll find it in our new Special Report, One Semiconductor Stock Stands to Gain the Most.
Today, it's yours free with no obligation.
>>Give me access to my free special report.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Cheniere Energy, Inc. (LNG): Free Stock Analysis Report
Marathon Petroleum Corporation (MPC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 2nd: Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.6% over the last 60 days.
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 2nd: Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of A. Cheniere Energy, Inc. PEG Ratio (TTM) Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote Marathon Petroleum Corporation MPC: This integrated downstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.9% over the last 60 days.
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 2nd: Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.6% over the last 60 days.
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Dillard's, Inc. (DDS): Free Stock Analysis Report Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 2nd: Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Want to Know the #1 Semiconductor Stock for 2022?
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8df9118b-d9bb-4457-8ec2-ebc9b9608268
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719307.0
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2022-09-02 00:00:00 UTC
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Dillard's (DDS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
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DDS
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https://www.nasdaq.com/articles/dillards-dds-may-find-a-bottom-soon-heres-why-you-should-buy-the-stock-now
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nan
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nan
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A downtrend has been apparent in Dillard's (DDS) lately. While the stock has lost 8.2% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.
The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stock. On the fundamental side, strong agreement among Wall Street analysts in raising earnings estimates for this department store operator enhances its prospects of a trend reversal.
Understanding Hammer Chart and the Technique to Trade It
This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.'
In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's close, and again closes lower. On the day the hammer pattern is formed, maintaining the downtrend, the stock makes a new low. However, after eventually finding support at the low of the day, some amount of buying interest emerges, pushing the stock up to close the session near or slightly above its opening price.
When it occurs at the bottom of a downtrend, this pattern signals that the bears might have lost control over the price. And, the success of bulls in stopping the price from falling further indicates a potential trend reversal.
Hammer candles can occur on any timeframe -- such as one-minute, daily, weekly -- and are utilized by both short-term as well as long-term investors.
Like every technical indicator, the hammer chart pattern has its limitations. Particularly, as the strength of a hammer depends on its placement on the chart, it should always be used in conjunction with other bullish indicators.
Here's What Makes the Trend Reversal More Likely for DDS
An upward trend in earnings estimate revisions that DDS has been witnessing lately can certainly be considered a bullish indicator on the fundamental side. That's because empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
Over the last 30 days, the consensus EPS estimate for the current year has increased 38.3%. What it means is that the sell-side analysts covering DDS are majorly in agreement that the company will report better earnings than they predicted earlier.
If this is not enough, you should note that DDS currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. And stocks carrying a Zacks Rank #1 or 2 usually outperform the market. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Moreover, a Zacks Rank of 1 for Dillard's is a more conclusive indication of a potential trend reversal, as the Zacks Rank has proven to be an excellent timing indicator that helps investors identify precisely when a company's prospects are beginning to improve.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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A downtrend has been apparent in Dillard's (DDS) lately. Here's What Makes the Trend Reversal More Likely for DDS An upward trend in earnings estimate revisions that DDS has been witnessing lately can certainly be considered a bullish indicator on the fundamental side. What it means is that the sell-side analysts covering DDS are majorly in agreement that the company will report better earnings than they predicted earlier.
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A downtrend has been apparent in Dillard's (DDS) lately. Here's What Makes the Trend Reversal More Likely for DDS An upward trend in earnings estimate revisions that DDS has been witnessing lately can certainly be considered a bullish indicator on the fundamental side. What it means is that the sell-side analysts covering DDS are majorly in agreement that the company will report better earnings than they predicted earlier.
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Here's What Makes the Trend Reversal More Likely for DDS An upward trend in earnings estimate revisions that DDS has been witnessing lately can certainly be considered a bullish indicator on the fundamental side. If this is not enough, you should note that DDS currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. A downtrend has been apparent in Dillard's (DDS) lately.
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Here's What Makes the Trend Reversal More Likely for DDS An upward trend in earnings estimate revisions that DDS has been witnessing lately can certainly be considered a bullish indicator on the fundamental side. If this is not enough, you should note that DDS currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. A downtrend has been apparent in Dillard's (DDS) lately.
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d7810c72-c563-40b7-aa99-5c985997bec3
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719308.0
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2022-09-02 00:00:00 UTC
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Ollie's Bargain (OLLI) Q2 Earnings Miss, Sales Increase Y/Y
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DDS
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https://www.nasdaq.com/articles/ollies-bargain-olli-q2-earnings-miss-sales-increase-y-y
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nan
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nan
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Ollie's Bargain Outlet Holdings, Inc. OLLI reported second-quarter fiscal 2022 results, wherein the top and bottom lines missed the Zacks Consensus Estimate. While net sales grew year over year, earnings per share declined sharply from the year-ago period. The Harrisburg, PA-based company registered an increase in comparable store sales. This extreme-value retailer of brand name merchandise also revisited its full-year outlook.
Here’s How the Top & Bottom Lines Fared
Ollie's Bargain posted adjusted earnings of 22 cents a share, which missed the Zacks Consensus Estimate of 33 cents and declined significantly from the 52 cents reported in the year-ago quarter. This was the second successive quarter of a negative earnings surprise.
Net sales of $452.5 million jumped 8.8% year over year due to a comparable store sales increase and new store unit growth. However, the top line came lower than the consensus mark of $458 million, thus marking the fifth straight miss.
We note that comparable store sales rose 1.2% in the quarter under discussion against a decline of 28% in the prior-year period.
Ollie's Bargain Outlet Holdings, Inc. Price, Consensus and EPS Surprise
Ollie's Bargain Outlet Holdings, Inc. price-consensus-eps-surprise-chart | Ollie's Bargain Outlet Holdings, Inc. Quote
A Look Into Margins
The gross profit declined 11.9% to $143.6 million during the quarter. The gross margin shrunk 750 basis points to 31.7% due a slight decrease in the merchandise margin rate as well as an increase in supply-chain costs stemming from higher import transportation and labor costs. However, management foresees the gross margin impact to reverse during the third quarter.
SG&A expenses shot up 7.6% to $118.5 million from the prior-year quarter’s level due to an increased number of stores and higher wage rates in select markets. As a percentage of net sales, SG&A expenses shriveled 30 basis points to 26.2% due to leverage in payroll and occupancy, as well as other fixed costs from the increase in comparable store sales, and disciplined expense management.
The operating income plunged 63.8% to $16.5 million, while the operating margin shrunk 730 basis points to 3.7%, primarily due to a contraction in the gross margin, partly offset by continued cost control in SG&A expenses.
Adjusted EBITDA declined 52.1% to $25.9 million during the quarter under review. The adjusted EBITDA margin contracted 730 basis points to 5.7%.
Store Update
During the quarter, Ollie’s Bargain opened 11 new stores and shuttered one, thereby bringing the total count to 449 stores in 29 states at the end of the period. This reflected an increase of 9.8% in the in-store count on a year-over-year basis.
The company intends to open 41 to 43 new stores, less two relocations and one closure, in fiscal 2022. It plans to remodel 30 stores by the end of the fiscal year.
Other Financial Aspects
Ollie’s Bargain ended the quarter with cash and cash equivalents of $218 million. The company had no borrowings outstanding under its $100-million revolving credit facility and $90 million of availability under the facility as of the second quarter.
As of Jul 30, 2022, its total borrowings (consisting solely of finance lease obligations) were $1.4 million. Inventories, as of the end of the second quarter, rose 32.3% to $494.1 million.
During the quarter, the company incurred capital expenditures of $14 million, primarily for new and existing stores and the expansion of the York distribution center. For fiscal 2022, management projected capital expenditures in the band of $53-$58 million, principally for new outlets, the expansion of the company’s York, PA distribution center, costs related to the fourth distribution center, store-level initiatives and IT projects.
During the quarter under discussion, Ollie’s Bargain repurchased 238,485 shares worth $10 million. The company had $170 million remaining under its share repurchase program.
Outlook
Management now envisions fiscal 2022 net sales between $1.843 billion and $1.861 billion, suggesting an increase from the $1.753 billion reported in fiscal 2021. Ollie’s Bargain now anticipates comparable store sales to decline in the band of 1.5%-2.5% compared with the comparable store sales decrease of 11.1% reported last fiscal year.
The company earlier guided fiscal 2022 net sales between $1.870 billion and $1.900 billion and anticipated comparable store sales to be flat to down 2%.
Ollie’s Bargain currently envisions the gross margin rate in the bracket of 36.4%-36.6% for fiscal 2022. The company reported a gross margin of 38.9% in the last fiscal year. The company now anticipates the operating income in the range of $145 million-$150 million for fiscal 2022, down from the $204.2 million reported in fiscal 2021.
The company previously forecast the gross margin rate in the range of 36.5-36.7% and the operating income in the band of $155 million-$168 million for fiscal 2022.
Management guided fiscal 2022 adjusted earnings in the range of $1.74-$1.79 per share, down from the adjusted earnings of $2.36 reported last fiscal. It previously projected fiscal 2022 earnings between $1.83 and $1.98 per share.
Ollie’s Bargain estimates third-quarter fiscal 2022 net sales between $426 million and $434 million, up from the $383.5 million reported in the year-ago period. It expects comparable store sales growth of 3.5 to 5.5% against the 15.5% decline witnessed in the prior-year quarter.
The company anticipates the third-quarter gross margin to be in the range of 39.4%-39.6% compared with 39.8% in the third quarter of fiscal 2021. It guided the operating income between $33 million and $36 million compared with the adjusted operating income of $29.9 million in the prior-year quarter.
Management projected third-quarter adjusted earnings in the range of 39-43 cents a share, up from the adjusted earnings of 34 cents reported in the year-ago quarter.
Shares of this Zacks Rank #2 (Buy) company have risen 15.6% in the past three months against the industry’s decline of 8.8%.
Other Picks You Can’t Miss Out on
Here we have highlighted three other top-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Dollar General DG.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of nearly 215%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of nearly 6% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Ulta Beauty, which operates as a retailer of beauty products, sports a Zacks Rank #1. Ulta Beauty has a trailing four-quarter earnings surprise of 32.8%, on average. ULTA has an expected EPS growth rate of 11.9% for three to five years.
The Zacks Consensus Estimate for Ulta Beauty’s current financial-year sales suggests growth of 13.7% from the year-ago reported number.
Dollar General, a discount retailer, currently carries a Zacks Rank #2. DG has an expected EPS growth rate of 11.2% for three to five years.
The Zacks Consensus Estimate for Dollar General’s current financial-year revenues suggests growth of 10.4% from the year-ago reported figure. DG has a trailing four-quarter earnings surprise of 2.2%, on average.
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Dillard's, Inc. (DDS): Free Stock Analysis Report
Dollar General Corporation (DG): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
Ollie's Bargain Outlet Holdings, Inc. (OLLI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Picks You Can’t Miss Out on Here we have highlighted three other top-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Dollar General DG. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Other Picks You Can’t Miss Out on Here we have highlighted three other top-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Dollar General DG. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Other Picks You Can’t Miss Out on Here we have highlighted three other top-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Dollar General DG. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Other Picks You Can’t Miss Out on Here we have highlighted three other top-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Dollar General DG. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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a35ea0dc-107b-4cd6-a566-ecf6f8a7f717
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719309.0
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2022-09-01 00:00:00 UTC
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Five Below (FIVE) Q2 Earnings & Sales Miss, Comps Decline Y/Y
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DDS
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https://www.nasdaq.com/articles/five-below-five-q2-earnings-sales-miss-comps-decline-y-y
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nan
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nan
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Five Below, Inc. FIVE came up with second-quarter fiscal 2022 results, wherein the top and bottom lines missed the Zacks Consensus Estimate. While net sales grew year over year, earnings declined sharply from the year-ago period. This extreme-value retailer for tweens, teens and beyond continued with its sluggish comparable sales performance. The soaring inflation is impacting consumers’ purchasing behavior. Five Below revisited its full-year outlook to reflect the year-to-date performance.
Despite lower-than-expected results, shares of Five Below were up 5.1% during the after-market trading session on Aug 31. Management stated that the company remains focused on long-term growth opportunities and the Triple-Double vision. It is optimistic about opening 1,000 new stores in the coming years. The company also looks to expand the Five Beyond concept.
Let’s Introspect
Five Below delivered second-quarter earnings of 74 cents a share, lower than the Zacks Consensus Estimate of 77 cents. The bottom line fell significantly from the earnings of $1.15 reported in the year-ago period.
Net sales of $668.9 million increased 3.5% year over year but missed the Zacks Consensus Estimate of $679.8 million. Comparable sales for the quarter under discussion declined 5.8% against an increase of 39.2% registered in the year-ago period. While comp tickets decreased 4.3%, comp transactions fell 1.7% in the reported quarter.
The gross profit slid 0.8% year over year to $228.5 million, while the gross margin contracted roughly 150 basis points to 34.2% due to occupancy deleverage and higher freight expenses.
We note that SG&A expenses shot up 19.7% to $172.5 million, while as a percentage of net sales, the same deleveraged 350 basis points to 25.8%. The operating income was $56 million for the quarter under discussion, down from the $86.2 million reported in the year-ago period. Also, the operating margin shrunk approximately 500 basis points to 8.4% during the quarter due to a lower gross margin and SG&A expenses.
Five Below, Inc. Price, Consensus and EPS Surprise
Five Below, Inc. price-consensus-eps-surprise-chart | Five Below, Inc. Quote
Financials
Five Below ended the quarter with cash and cash equivalents of $155.1 million and short-term investment securities of $117.3 million. Total shareholders’ equity was $1,162.6 million as of Jul 30, 2022. Year to date, Five Below repurchased 247,132 shares for approximately $40 million in the quarter.
Five Below anticipates gross capital expenditures of approximately $235 million in fiscal 2022, excluding tenant allowances. This includes about 160 new store openings, more than 250 conversions to the Five Beyond format, the opening of a new distribution center in Indiana and investments in systems and infrastructure.
Store Updates
Five Below opened 27 new stores in the reported quarter. This took the total count to 1,252 stores in 40 states as of Jul 30, 2022, reflecting an increase of 11.7% from the year-ago count. The company plans to open about 45 new stores in the third quarter and 160 new stores in fiscal 2022. For the next fiscal year, it plans to open more than 200 stores.
Guidance
Five Below envisions third-quarter fiscal 2022 net sales in the range of $600 million-$619 million compared with the $607.6 million reported in the year-ago period. We note that the company’s sales projection was shy of the Zacks Consensus Estimate of $631.8 million.
The company expects a 7% to 9% decline in comparable sales in the third quarter against an increase of 14.8% registered in the year-ago period. Management anticipates third-quarter earnings between 8 cents and 19 cents per share. This suggests a decline from the earnings of 43 cents reported in the prior-year period. The Zacks Consensus Estimate for third-quarter earnings per share currently stands at 28 cents.
Five Below foresees a contraction of about 540 basis points in the third-quarter operating margin due to the deleverage of fixed expenses on the negative comp, higher store expenses and increased marketing expenses, partly offset by disciplined expense management.
For the fourth quarter, management estimates a low-single-digit decline in comparable sales. However, it expects operating margin expansion in the final quarter versus last year.
Management projected fiscal 2022 net sales in the band of $2.97 billion-$3.02 billion, lower than the consensus estimate of $3.06 billion. The current view is also lower than the prior forecast of $3.04 billion to $3.12 billion. The company reported net sales of $2.85 billion last fiscal.
Five Below anticipates comparable sales to be down 3-5% against an increase of 30.3% recorded in the prior year. The company had earlier projected comparable sales to be flat to down 2%.
Management guided earnings between $4.26 and $4.56 per share, falling short of the consensus mark of $4.81. The current view is also lower than the prior forecast of $4.85 to $5.24 per share. The company reported earnings of $4.95 in fiscal 2021.
The company expects its operating margin to be approximately 11%, lower than the 13.3% reported last year, stemming from deleverage on fixed costs and higher SG&A expenses from more normalized marketing spend, partially offset by cost-containment efforts.
Over the past six months, shares of this Zacks Rank #3 (Hold) company have fallen 22.8% compared with the industry’s decline of 12.6%.
3 Key Picks
Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Costco COST.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of nearly 215%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of nearly 6% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Ulta Beauty, which operates as a retailer of beauty products, sports a Zacks Rank #1. Ulta Beauty has a trailing four-quarter earnings surprise of 32.8%, on average. ULTA has an expected EPS growth rate of 11.9% for three to five years.
The Zacks Consensus Estimate for Ulta Beauty’s current financial-year sales suggests growth of 13.7% from the year-ago reported number.
Costco, which operates membership warehouses, currently carries a Zacks Rank #2 (Buy). COST has an expected EPS growth rate of 9.2% for three to five years.
The Zacks Consensus Estimate for Costco’s current financial-year revenues suggests growth of 15.4% from the year-ago reported figure. COST has a trailing four-quarter earnings surprise of 9.7%, on average.
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See 5 EV Stocks With Extreme Upside Potential >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Costco Wholesale Corporation (COST): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
Five Below, Inc. (FIVE): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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3 Key Picks Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Costco COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Key Picks Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Costco COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Key Picks Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Costco COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Key Picks Here we have highlighted three better-ranked stocks, namely Dillard's DDS, Ulta Beauty ULTA and Costco COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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a4ad3437-3984-407f-8895-a3fde2e85880
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719310.0
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2022-08-31 00:00:00 UTC
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Is Arcos Dorados (ARCO) Stock Outpacing Its Retail-Wholesale Peers This Year?
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DDS
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https://www.nasdaq.com/articles/is-arcos-dorados-arco-stock-outpacing-its-retail-wholesale-peers-this-year-1
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nan
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For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Arcos Dorados (ARCO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Arcos Dorados is a member of the Retail-Wholesale sector. This group includes 229 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Arcos Dorados is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ARCO's full-year earnings has moved 10.5% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, ARCO has returned 26.8% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of -20.7% on a year-to-date basis. As we can see, Arcos Dorados is performing better than its sector in the calendar year.
Another stock in the Retail-Wholesale sector, Dillard's (DDS), has outperformed the sector so far this year. The stock's year-to-date return is 21.6%.
For Dillard's, the consensus EPS estimate for the current year has increased 36.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Arcos Dorados is a member of the Retail - Restaurants industry, which includes 43 individual companies and currently sits at #185 in the Zacks Industry Rank. This group has lost an average of 14% so far this year, so ARCO is performing better in this area.
In contrast, Dillard's falls under the Retail - Regional Department Stores industry. Currently, this industry has 3 stocks and is ranked #91. Since the beginning of the year, the industry has moved -21.7%.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Arcos Dorados and Dillard's as they attempt to continue their solid performance.
Special Report: The Top 5 IPOs for Your Portfolio
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>>See Zacks’ Hottest IPOs Now
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arcos Dorados Holdings Inc. (ARCO): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Another stock in the Retail-Wholesale sector, Dillard's (DDS), has outperformed the sector so far this year. Dillard's, Inc. (DDS): Free Stock Analysis Report Investors interested in the Retail-Wholesale sector may want to keep a close eye on Arcos Dorados and Dillard's as they attempt to continue their solid performance.
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Another stock in the Retail-Wholesale sector, Dillard's (DDS), has outperformed the sector so far this year. Dillard's, Inc. (DDS): Free Stock Analysis Report The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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Another stock in the Retail-Wholesale sector, Dillard's (DDS), has outperformed the sector so far this year. Dillard's, Inc. (DDS): Free Stock Analysis Report Arcos Dorados (ARCO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole?
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Another stock in the Retail-Wholesale sector, Dillard's (DDS), has outperformed the sector so far this year. Dillard's, Inc. (DDS): Free Stock Analysis Report The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks.
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15e0c8b9-f7c7-4bf6-be0b-bcd6ac2d1ae5
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719311.0
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2022-08-31 00:00:00 UTC
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4 Stocks That Stand Out on Attractive Interest Coverage Ratio
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DDS
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https://www.nasdaq.com/articles/4-stocks-that-stand-out-on-attractive-interest-coverage-ratio
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nan
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Investors looked a bit unnerved following Fed Chairman Jerome Powell’s recent commentary on fighting inflation and raising interest rates. Powell said, “Reducing inflation is likely to require a sustained period of below-trend growth. Moreover, there will very likely be some softening of labor market conditions. While higher interest rates, slower growth, and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses.”
Continuous increase in benchmark interest rates to tackle inflationary headwinds may inflict some pain on the economy. Powell’s tough comments did not go well down with investors.
So, as you scramble to rebalance the portfolio, investment decisions solely based on sales and earnings numbers may not just be enough. Sometimes, a stock gets a boost if these numbers climb year over year or surpass estimates in a particular quarter, thus offering a great opportunity for an investor with a shorter horizon to cash in on. But if you seek long-term returns, investments backed only by sales and earnings numbers may not yield the desired results.
A critical analysis of a company’s financial background is a prerequisite for an informed investment decision. Here, coverage ratios that determine whether a company is sound enough to meet its financial obligations play a crucial role. The higher the ratio, the better. The focus of this article is on “Interest Coverage,” which is one such ratio.
Interest Coverage Ratio = Earnings before Interest & Taxes (EBIT) divided by Interest Expense.
Why Interest Coverage Ratio?
The interest coverage ratio is used to determine how effectively a company can pay the interest charges on its debt.
Debt, which is crucial for most of the companies to finance operations, comes at a cost called interest. Interest expense has a direct bearing on the profitability of a company and its creditworthiness depends on how effectively it meets interest obligations. Therefore, Interest Coverage Ratio is one of the important criteria to factor in before making any investment decision.
The interest coverage ratio suggests the number of times the interest could be paid from earnings and gauges the margin of safety a firm carries for paying interest.
An interest coverage ratio lower than 1.0 implies that the company is unable to fulfill its interest obligations and could default on repaying debt. A company that is capable of generating earnings well above its interest expense can withstand financial hardships. Definitely, one should also track the company’s past performance to determine whether the interest coverage ratio has improved or worsened over a period of time.
Dillard's, Inc. DDS, ArcBest Corporation ARCB, H&R Block, Inc. HRB and Lincoln Electric Holdings, Inc. LECO boast an impressive interest coverage ratio.
The Winning Strategy
Apart from having an Interest Coverage Ratio that is more than the industry average, adding a favorable Zacks Rank and a VGM Score of A or B to your search criteria should lead to better results.
Interest Coverage Ratio greater than X-Industry Median
Price greater than or equal to 5: The stocks must all be trading at a minimum of $5 or higher.
5-Year Historical EPS Growth (%) greater than X-Industry Median: Stocks that have a strong EPS growth history.
Projected EPS Growth (%) greater than X-Industry Median: This is the projected EPS growth over the next three to five years. This shows that the stock has near-term earnings growth potential.
Average 20-Day Volume greater than 100,000: A substantial trading volume ensures that the stock is easily tradable.
Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
VGM Score of less than or equal to B: Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best upside potential.
Here are four of the 18 stocks that qualified the screening:
Dillard's, which operates retail department stores, sports a Zacks Rank #1 and has a VGM Score of A. Its expected EPS growth rate for three-five years is 14.6%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial year sales suggests growth of 6% from the year-ago period. DDS has a trailing four-quarter earnings surprise of 215%, on average. The stock has zoomed 53.3% in the past year.
ArcBest, which provides freight transportation and integrated logistics services, carries a Zacks Rank #2 and has a VGM Score of A. Its expected EPS growth rate for three-five years is 26.5%.
The Zacks Consensus Estimate for ArcBest's current financial year sales and EPS suggests growth of 36.7% and 68.5%, respectively, from the year-ago period. ArcBest has a trailing four-quarter earnings surprise of 22.3%, on average. The stock has advanced 21.3% in the past year.
H&R Block, which offers assisted income tax return preparation and related services, carries a Zacks Rank #2 and has a VGM Score of B. Its expected EPS growth rate for three-five years is 12.5%.
The Zacks Consensus Estimate for H&R Block's current financial year sales and EPS suggests growth of 2.7% and 7.7%, respectively, from the year-ago period. HRB has a trailing four-quarter earnings surprise of 19.2%, on average. The stock has rallied 71.1% in the past year.
Lincoln Electric Holdings, which designs, develops, manufactures, and sells welding, cutting, and brazing products globally, carries a Zacks Rank #2 and has a VGM Score of B. Its expected EPS growth rate for three-five years is 15%.
The Zacks Consensus Estimate for Lincoln Electric Holdings' current financial year sales and EPS suggests growth of 16.4% and 31.8%, respectively, from the year-ago period. Lincoln Electric Holdings has a trailing four-quarter earnings surprise of 10.9%, on average. The stock has risen 0.6% in the past year.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
Special Report: The Top 5 IPOs for Your Portfolio
Today, you have a chance to get in on the ground floor of one of the best investment opportunities of the year. As the world continues to benefit from an ever-evolving internet, a handful of innovative tech companies are on the brink of reaping immense rewards - and you can put yourself in a position to cash in. One is set to disrupt the online communication industry. Brilliantly designed for creating online communities, this stock is poised to explode when made public. With the strength of our economy and record amounts of cash flooding into IPOs, you don’t want to miss this opportunity.
>>See Zacks’ Hottest IPOs Now
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Lincoln Electric Holdings, Inc. (LECO): Free Stock Analysis Report
H&R Block, Inc. (HRB): Free Stock Analysis Report
ArcBest Corporation (ARCB): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc. DDS, ArcBest Corporation ARCB, H&R Block, Inc. HRB and Lincoln Electric Holdings, Inc. LECO boast an impressive interest coverage ratio. DDS has a trailing four-quarter earnings surprise of 215%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's, Inc. DDS, ArcBest Corporation ARCB, H&R Block, Inc. HRB and Lincoln Electric Holdings, Inc. LECO boast an impressive interest coverage ratio. DDS has a trailing four-quarter earnings surprise of 215%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's, Inc. DDS, ArcBest Corporation ARCB, H&R Block, Inc. HRB and Lincoln Electric Holdings, Inc. LECO boast an impressive interest coverage ratio. DDS has a trailing four-quarter earnings surprise of 215%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's, Inc. DDS, ArcBest Corporation ARCB, H&R Block, Inc. HRB and Lincoln Electric Holdings, Inc. LECO boast an impressive interest coverage ratio. DDS has a trailing four-quarter earnings surprise of 215%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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7d27bfc3-5a00-4d69-9dec-232320e20447
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719312.0
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2022-08-31 00:00:00 UTC
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If You Invested $1000 in Dillard's a Decade Ago, This is How Much It'd Be Worth Now
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DDS
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https://www.nasdaq.com/articles/if-you-invested-%241000-in-dillards-a-decade-ago-this-is-how-much-itd-be-worth-now
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nan
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For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and popular consumer-facing stocks.
What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today?
Dillard's' Business In-Depth
With that in mind, let's take a look at Dillard's' main business drivers.
Dillard's Inc. is a large departmental store chain featuring fashion apparel and home furnishings. As of Jul 30, 2022, Dillard’s operates 250 full-line Dillard’s stores and 29 clearance stores in 29 states and on dillards.com. The company also sells its merchandize through the Internet at www.dillards.com. Stores are mainly located in the Southwest, Southeast, and Midwest regions of the United States.
The company’s primary product categories comprise women’s and children’s apparel, shoes, accessories and lingerie, men’s clothing and accessories, cosmetics, home, and children’s clothing. Its merchandise mix consists of both branded and private-label items. The company’s strategy is to offer more fashion-forward and trendy products in order to attract customers.
Dillard’s also owns a real estate investment trust (REIT), which helps it to enhance its liquidity position. Revenues of a REIT company mostly come from either rent or mortgage payments. The company has an obligation to distribute at least 90% of its taxable income to investors in the form of dividends. A REIT company does not have to pay taxes at the corporate level.
Moreover, Dillard’s has a wholly owned captive insurance company, which enables it to manage its risks more efficiently and provide access to more reinsurance markets. A captive insurance company is an ‘in- house’ insurance company with limited purpose, which insures the risks of its parent company. The captive insurance company may reinsure some or all risks, or may retain such risks of its parent company. The primary goal of forming a captive insurance company is to retain the profit that would have been made by an outside third-party insurance company or in a situation where the coverage is not available for business risks.
Bottom Line
Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Dillard's, if you bought shares a decade ago, you're likely feeling really good about your investment today.
According to our calculations, a $1000 investment made in August 2012 would be worth $3,953.03, or a 295.30% gain, as of August 31, 2022. Investors should keep in mind that this return excludes dividends but includes price appreciation.
In comparison, the S&P 500 gained 184.83% and the price of gold went up -0.01% over the same time frame.
Analysts are forecasting more upside for DDS too.
Shares of Dillard's have outpaced in the past year. The stock's bullish run on the bourses can be attributable to robust surprise trend, which continued in second-quarter fiscal 2022. The bottom and top lines surpassed the Zacks Consensus Estimate and advanced year over year. This marked the ninth straight quarter of earnings beat. Results gained from the continued momentum in consumer demand. The company witnessed robust sales in cosmetics, men’s apparel and accessories. Also, management’s share repurchases and dividend payments bode well. However, the company has been witnessing elevated payroll and payroll-related expenses amid the current competitive wage environment. Also, it continues to witness a rising trend in SG&A expenses. The ladies’ apparel category remained sluggish in the second quarter of fiscal 2022.
The stock is up 27.77% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 2 higher, for fiscal 2022. The consensus estimate has moved up as well.
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Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Analysts are forecasting more upside for DDS too.
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What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Analysts are forecasting more upside for DDS too.
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What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Analysts are forecasting more upside for DDS too.
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It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? What if you'd invested in Dillard's (DDS) ten years ago? Analysts are forecasting more upside for DDS too.
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e3eb6262-a1c2-4eac-86ab-57ed29c22533
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719313.0
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2022-08-30 00:00:00 UTC
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5 Stocks With High ROE to Buy Now as Fed Remains Hawkish
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DDS
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https://www.nasdaq.com/articles/5-stocks-with-high-roe-to-buy-now-as-fed-remains-hawkish
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nan
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The equity markets continued their recent downtrend as the Fed Chief refused to ease the tight monetary policy despite signs of a slowdown in rising commodity prices. Maintaining its hawkish stance, the Fed vowed to continue with its aggressive rate hike policy until inflation is under control.
This apparently annulled broad-based expectations of monetary easing that were raised after the consumer price index report in July revealed better-than-expected figures and suggested that inflation may be running out of steam.
Investors would await further clarity regarding the future interest rate path and its likely impact on the economy as concerns with regard to recession refuse to abate. The central bank had earlier offered a broad outline of its reduction in asset holdings for monetary tightening. The Fed intends to reduce Treasury holdings and mortgage-backed securities by $30 billion and $17.5 billion, respectively, from June and extend the tallies to $65 billion and $35 billion after three months.
As investors employ a wait-and-see approach in a classic example of “backing and filling” in the market, they can benefit from ‘cash cow’ stocks that garner higher returns. However, identifying cash-rich stocks alone does not make for a solid investment proposition unless it is backed by attractive efficiency ratios like return on equity (ROE).
A high ROE ensures that the company is reinvesting cash at a high rate of return. Marriott International, Inc. MAR, Archer-Daniels-Midland Company ADM, Dillard's, Inc. DDS, AGNC Investment Corp. AGNC and Triton International Limited TRTN are some of the stocks with high ROE to profit from.
Why ROE?
ROE = Net Income/Shareholders’ Equity
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company. In other words, this financial metric enables investors to identify companies that diligently deploy cash for higher returns.
Moreover, ROE is often used to compare the profitability of a company with other firms in the industry — the higher, the better. It measures how well a company is multiplying its profits without investing new equity capital and portrays management’s efficiency in rewarding shareholders with attractive risk-adjusted returns.
Screening Parameters
In order to shortlist stocks that are cash-rich with high ROE, we have added Cash Flow greater than $1 billion and ROE greater than X-Industry as our primary screening parameters. In addition, we have taken a few other criteria into consideration to arrive at a winning strategy.
Price/Cash Flow lesser than X-Industry: This metric measures how much investors pay for $1 of free cash flow. A lower ratio indicates that investors need to pay less for a better cash flow-generating stock.
Return on Assets (ROA) greater than X-Industry: This metric determines how much profit a company earns for every dollar of asset, which includes cash, accounts receivable, property, equipment, inventory and furniture. The higher the ROA, the better it is for the company.
5-Year EPS Historical Growth greater than X-Industry: This criterion indicates that continued earnings momentum has translated into solid cash strength.
Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
Here are five of the 12 stocks that qualified the screen:
Marriott International, Inc.: Headquartered in Bethesda, MD, Marriott is a leading worldwide hospitality company focused on lodging management and franchising. It boasts a portfolio of more than 8,000 properties under 30 leading brands spanning 139 countries and territories.
Marriott delivered a trailing four-quarter earnings surprise of 18.6%, on average and has long-term earnings growth expectation of 40.1%. Currently, MAR has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Archer-Daniels-Midland Company: Founded in 1902, Illinois-based Archer-Daniels is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products. The company processes oilseeds, corn, wheat, cocoa and other feedstuffs. Archer-Daniels also engages in the manufacturing and distribution of products like natural flavor ingredients, natural colors, proteins, emulsifiers, soluble fiber, hydrocolloids, natural health and nutrition products as well as other specialty food and feed ingredients.
The company has a long-term earnings growth expectation of 7% and delivered a trailing four-quarter earnings surprise of 20.1%, on average. ADM carries a Zacks Rank #2.
Dillard's, Inc.: Founded in 1938, Dillard's is a large departmental store chain featuring fashion apparel and home furnishings. Its merchandise mix consists of both branded and private-label items. The company’s strategy is to offer more fashion-forward and trendy products to attract customers.
Dillard’s is benefiting from continued momentum in consumer demand and better inventory management. The company has a long-term earnings growth expectation of 14.6% and delivered a trailing four-quarter earnings surprise of 215%, on average. DDS sports a Zacks Rank #1.
AGNC Investment Corp.: Headquartered in Bethesda, MD, AGNC is a real estate investment trust that focuses on leveraged investments in Agency residential mortgage-backed securities. That includes residential mortgage pass-through securities and collateralized mortgage obligations.
The company delivered a trailing four-quarter earnings surprise of 22.3%, on average. AGNC carries a Zacks Rank #2.
Triton International Limited: Based in Hamilton, Bermuda, Triton is the largest lessor of intermodal containers (large steel boxes that are used for transporting freight by ship/rail/truck). The company also focuses on leasing chassis, which are used for transporting containers.
The company has a long-term earnings growth expectation of 10% and delivered a trailing four-quarter earnings surprise of 7.5%, on average. TRTN carries a Zacks Rank #2.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
How to Profit from the Hot Electric Vehicle Industry
Global electric car sales in 2021 more than doubled their 2020 numbers. And today, the electric vehicle (EV) technology and very nature of the business is changing quickly. The next push for future technologies is happening now and investors who get in early could see exceptional profits.
See Zacks' Top Stocks to Profit from the EV Revolution >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Marriott International, Inc. (MAR): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Archer Daniels Midland Company (ADM): Free Stock Analysis Report
AGNC Investment Corp. (AGNC): Free Stock Analysis Report
Triton International Limited (TRTN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Marriott International, Inc. MAR, Archer-Daniels-Midland Company ADM, Dillard's, Inc. DDS, AGNC Investment Corp. AGNC and Triton International Limited TRTN are some of the stocks with high ROE to profit from. DDS sports a Zacks Rank #1. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Marriott International, Inc. MAR, Archer-Daniels-Midland Company ADM, Dillard's, Inc. DDS, AGNC Investment Corp. AGNC and Triton International Limited TRTN are some of the stocks with high ROE to profit from. DDS sports a Zacks Rank #1. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Marriott International, Inc. MAR, Archer-Daniels-Midland Company ADM, Dillard's, Inc. DDS, AGNC Investment Corp. AGNC and Triton International Limited TRTN are some of the stocks with high ROE to profit from. DDS sports a Zacks Rank #1. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Marriott International, Inc. MAR, Archer-Daniels-Midland Company ADM, Dillard's, Inc. DDS, AGNC Investment Corp. AGNC and Triton International Limited TRTN are some of the stocks with high ROE to profit from. DDS sports a Zacks Rank #1. Dillard's, Inc. (DDS): Free Stock Analysis Report
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0b22a894-f19e-46fd-a3cf-ac9705af4505
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719314.0
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2022-08-30 00:00:00 UTC
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Walmart's (WMT) Buyout of 47% Stake in Massmart to Aid Growth
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DDS
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https://www.nasdaq.com/articles/walmarts-wmt-buyout-of-47-stake-in-massmart-to-aid-growth
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Walmart Inc. WMT has been committed to strengthening its business, domestic and international. Moving on these lines, the company offered to buy the remaining stake in Massmart Holdings Limited, per various media sources. Walmart has apparently made a 6.4-billion rand offer for the South African retailer’s 47% stake.
Walmart bought a 51% interest in Massmart more than a decade back, marking its foray into South Africa and adding a new leaf to its geographical growth story. Sources reveal that the U.S. supermarket giant has been offering increased financial and operational support to Massmart's operations since then. If the abovementioned offer for the remaining stake takes shape, it is likely to support Massmart’s turnaround plan.
Walmart’s International business has been performing well. Sales in the segment rose 5.7% to $24.4 billion in the second quarter of fiscal 2023. On a constant currency or cc basis, net sales jumped 9.9%. The company witnessed positive comp sales across its biggest markets – Canada, Mexico and China. In the International segment, e-commerce sales advanced by 15% at cc. Operating income, on a cc basis, grew 28.3% to $1.1 billion.
Image Source: Zacks Investment Research
What Else to Know?
Walmart has been benefiting from its robust omnichannel operations due to its efforts to enhance both store and online experience. From the fiscal 2021 beginning to the fiscal 2022 end, the company’s digital sales, as a percentage of sales, increased from 6% to 13%. The retail giant has been taking several e-commerce initiatives, including buyouts, alliances, and improved delivery and payment systems.
The company is innovating the supply chain and adding capacity as well as building businesses, such as Walmart GoLocal, Walmart Connect, Walmart Luminate, Walmart+, Spark Delivery, Marketplace and Walmart Fulfillment Services. The company recently revealed the addition of Paramount+ streaming service for the members of Walmart+ at no extra cost in September.
In the second quarter of fiscal 2023, total revenues of $152.9 billion grew 8.4% and beat the consensus mark of $151.4 billion. On its lastearnings call management stated that it expects a solid end to the back-to-school season and remains encouraged about its fall and holiday products. Walmart now expects consolidated net sales growth of nearly 4.5% for fiscal 2023. Excluding divestitures, the metric is likely to grow roughly 5.5%.
Management had earlier anticipated consolidated net sales growth of nearly 4% at cc. Excluding divestitures, the metric was expected to grow nearly 4.5 to 5%. For the third quarter of fiscal 2023, WMT expects consolidated net sales growth of nearly 5%.
Walmart’s consolidated operating income and earnings per share guidance for fiscal 2023 suggest a decline from the year-ago period’s reported figures. The company’s sales and profit views for fiscal 2023 reflect the trends witnessed to date along with volatility related to inflation and consumer spending in the coming quarters. However, the company is undertaking additional pricing actions in the third quarter.
Shares of this Zacks Rank #3 (Hold) company have increased 3.3% in the past three months compared with the industry’s rise of 1.3%.
3 Hot Retail Stocks
Here, we have highlighted three better-ranked stocks, namely Dillard's, Inc. DDS, Ulta Beauty ULTA and Costco Wholesale COST.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of nearly 215%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of nearly 6% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Ulta Beauty, which operates as a retailer of beauty products, sports a Zacks Rank #1. Ulta Beauty has a trailing four-quarter earnings surprise of 32.8%, on average. ULTA has an expected EPS growth rate of 10.7% for three to five years.
The Zacks Consensus Estimate for Ulta Beauty’s current financial-year sales suggests growth of 13.7% from the year-ago reported number.
Costco, which operates membership warehouses, currently carries a Zacks Rank #2 (Buy). COST has an expected EPS growth rate of 9.2% for three to five years.
The Zacks Consensus Estimate for Costco’s current financial-year revenues and EPS suggests growth of 15.4% and 18.2%, respectively, from the year-ago reported figure. COST has a trailing four-quarter earnings surprise of 9.7%, on average.
How to Profit from the Hot Electric Vehicle Industry
Global electric car sales in 2021 more than doubled their 2020 numbers. And today, the electric vehicle (EV) technology and very nature of the business is changing quickly. The next push for future technologies is happening now and investors who get in early could see exceptional profits.
See Zacks' Top Stocks to Profit from the EV Revolution >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Walmart Inc. (WMT): Free Stock Analysis Report
Costco Wholesale Corporation (COST): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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3 Hot Retail Stocks Here, we have highlighted three better-ranked stocks, namely Dillard's, Inc. DDS, Ulta Beauty ULTA and Costco Wholesale COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Hot Retail Stocks Here, we have highlighted three better-ranked stocks, namely Dillard's, Inc. DDS, Ulta Beauty ULTA and Costco Wholesale COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Hot Retail Stocks Here, we have highlighted three better-ranked stocks, namely Dillard's, Inc. DDS, Ulta Beauty ULTA and Costco Wholesale COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Hot Retail Stocks Here, we have highlighted three better-ranked stocks, namely Dillard's, Inc. DDS, Ulta Beauty ULTA and Costco Wholesale COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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0ac237c8-d17a-470c-992a-56775f57b3f2
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719315.0
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2022-08-29 00:00:00 UTC
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Best Growth Stocks to Buy for August 29th
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DDS
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https://www.nasdaq.com/articles/best-growth-stocks-to-buy-for-august-29th
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nan
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 29th:
Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.6% over the last 60 days.
Cheniere Energy, Inc. Price and Consensus
Cheniere Energy, Inc. price-consensus-chart | Cheniere Energy, Inc. Quote
Cheniere has a PEG ratio of 0.14 compared with 0.20 for the industry. The company possesses a Growth Scoreof A.
Cheniere Energy, Inc. PEG Ratio (TTM)
Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote
Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. price-consensus-chart | Dillard's, Inc. Quote
Dillard’s has a PEG ratio of 0.57 compared with 0.66 for the industry. The company possesses a Growth Score of B.
Dillard's, Inc. PEG Ratio (TTM)
Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote
Equinor ASA EQNR: This explorer and producer of petroleum and related products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.5% over the last 60 days.
Equinor ASA Price and Consensus
Equinor ASA price-consensus-chart | Equinor ASA Quote
Equinor has a PEG ratio of 0.13 compared with 0.39 for the industry. The company possesses a Growth Score of A.
Equinor ASA PEG Ratio (TTM)
Equinor ASA peg-ratio-ttm | Equinor ASA Quote
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Cheniere Energy, Inc. (LNG): Free Stock Analysis Report
Equinor ASA (EQNR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The company possesses a Growth Scoreof A. Cheniere Energy, Inc. PEG Ratio (TTM) Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 29th: Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.6% over the last 60 days.
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The company possesses a Growth Scoreof A. Cheniere Energy, Inc. PEG Ratio (TTM) Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Equinor ASA EQNR: This explorer and producer of petroleum and related products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.5% over the last 60 days.
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The company possesses a Growth Scoreof A. Cheniere Energy, Inc. PEG Ratio (TTM) Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 29th: Cheniere Energy, Inc. LNG: This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.6% over the last 60 days.
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The company possesses a Growth Scoreof A. Cheniere Energy, Inc. PEG Ratio (TTM) Cheniere Energy, Inc. peg-ratio-ttm | Cheniere Energy, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Equinor ASA EQNR: This explorer and producer of petroleum and related products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.5% over the last 60 days.
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719316.0
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2022-08-26 00:00:00 UTC
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Are Robust Financials Driving The Recent Rally In Dillard's, Inc.'s (NYSE:DDS) Stock?
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DDS
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https://www.nasdaq.com/articles/are-robust-financials-driving-the-recent-rally-in-dillards-inc.s-nyse%3Adds-stock
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nan
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Dillard's' (NYSE:DDS) stock is up by a considerable 45% over the past month. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. Specifically, we decided to study Dillard's' ROE in this article.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
How To Calculate Return On Equity?
Return on equity can be calculated by using the formula:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
So, based on the above formula, the ROE for Dillard's is:
64% = US$933m ÷ US$1.4b (Based on the trailing twelve months to July 2022).
The 'return' is the amount earned after tax over the last twelve months. That means that for every $1 worth of shareholders' equity, the company generated $0.64 in profit.
Why Is ROE Important For Earnings Growth?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.
Dillard's' Earnings Growth And 64% ROE
To begin with, Dillard's has a pretty high ROE which is interesting. Additionally, the company's ROE is higher compared to the industry average of 31% which is quite remarkable. Under the circumstances, Dillard's' considerable five year net income growth of 38% was to be expected.
We then compared Dillard's' net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 14% in the same period.
NYSE:DDS Past Earnings Growth August 26th 2022
Earnings growth is an important metric to consider when valuing a stock. It’s important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Dillard's''s valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
Is Dillard's Making Efficient Use Of Its Profits?
Dillard's' three-year median payout ratio to shareholders is 1.7%, which is quite low. This implies that the company is retaining 98% of its profits. So it seems like the management is reinvesting profits heavily to grow its business and this reflects in its earnings growth number.
Moreover, Dillard's is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years.
Conclusion
In total, we are pretty happy with Dillard's' performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. Having said that, on studying current analyst estimates, we were concerned to see that while the company has grown its earnings in the past, analysts expect its earnings to shrink in the future. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's' (NYSE:DDS) stock is up by a considerable 45% over the past month. NYSE:DDS Past Earnings Growth August 26th 2022 Earnings growth is an important metric to consider when valuing a stock. So it seems like the management is reinvesting profits heavily to grow its business and this reflects in its earnings growth number.
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NYSE:DDS Past Earnings Growth August 26th 2022 Earnings growth is an important metric to consider when valuing a stock. Dillard's' (NYSE:DDS) stock is up by a considerable 45% over the past month. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Dillard's is: 64% = US$933m ÷ US$1.4b (Based on the trailing twelve months to July 2022).
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Dillard's' (NYSE:DDS) stock is up by a considerable 45% over the past month. NYSE:DDS Past Earnings Growth August 26th 2022 Earnings growth is an important metric to consider when valuing a stock. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company.
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Dillard's' (NYSE:DDS) stock is up by a considerable 45% over the past month. NYSE:DDS Past Earnings Growth August 26th 2022 Earnings growth is an important metric to consider when valuing a stock. Why Is ROE Important For Earnings Growth?
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f3ffc59f-d8c4-410d-b438-9f2a65a9de81
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719317.0
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2022-08-22 00:00:00 UTC
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ETFs & Stocks to Win Despite a Stagnant July Retail Sales
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https://www.nasdaq.com/articles/etfs-stocks-to-win-despite-a-stagnant-july-retail-sales
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Retail sales in the United States unexpectedly stalled in July of 2022, missing market expectations of a 0.1% increase as sales declined at gasoline stations and car dealers. Consumer spending makes up about 70% of U.S. economic activity. Thus, any gain/loss in it will likely brighten/hamper the economic growth picture.
Below we highlight a few areas and the related ETFs & stocks that may benefit handsomely.
Winning Areas
Non-Store Retailers
Sales of this category rose 2.7% sequentially. Year over year, sales were up 20.2%. Consumers’ interest in buying products online kept the demand high for the segment. Sales at non-store retailers jumped 2.7% boosted in large part by Amazon’s Prime Day event on July 12 and 13.
ProShares Online Retail ETF ONLN is a good bet to tap the winning trend of non-store retailers. The underlying ProShares Online Retail Index is a specialized retail index, tracking retailers that principally sell online or through other non-store channels.
For a single-stock selection, Zacks Rank #2 (Buy) ContextLogic WISH appears as a good pick. ContextLogic is a global commerce company. Their vision is to unlock ecommerce for consumers and merchants by providing consumers access to a vast selection of affordable products and by providing merchants access to hundreds of millions of consumers globally.
Miscellaneous Store Retailers
Sales grew 1.5% sequentially in July and 17.8% year over year.
Consumer Discretionary Select Sector SPDR ETF XLY thus looks to be a great pick. The underlying Consumer Discretionary Select Sector Index of the fund seeks to provide an effective representation of the consumer discretionary sector of the S&P 500 Index.
Zacks Rank #1 (Strong Buy) Dillard's DDS is a large departmental store chain featuring fashion apparel and home furnishings.
Food Services & Drinking Places
Sales of this category gained 0.1% sequentially in July and 11.6% year over year.
AdvisorShares Restaurant ETF EATZ is a pureplay restaurant ETF. This ETF is active and does not track a benchmark.
The Zacks Rank #2 Ruth's Hospitality Group RUTH is the largest fine dining steakhouse company in the U.S. as measured by the total number of Company-owned and franchisee-owned restaurants, with over 150 Ruth's Chris Steak House locations worldwide specializing in USDA Prime grade steaks served in Ruth's Chris' signature fashion - sizzling.
Food & Beverage Stores
Food & Beverage stores’ sales gained 0.2% sequentially in the month and 8.4% year over year. VanEck Retail ETF RTH has considerable focus on Walmart. The fund follows the MVIS US Listed Retail 25 Index tracks the overall performance of companies involved in retail distribution, wholesalers, on-line, direct mail and TV retailers, multi-line retailers, specialty retailers and food and other staples retailers.
Zacks Rank #3 The Kroger Co. KR operates in the thin-margin grocery industry.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
Ruth's Hospitality Group, Inc. (RUTH): Free Stock Analysis Report
VanEck Retail ETF (RTH): ETF Research Reports
Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports
ContextLogic Inc. (WISH): Free Stock Analysis Report
ProShares Online Retail ETF (ONLN): ETF Research Reports
AdvisorShares Restaurant ETF (EATZ): ETF Research Reports
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Zacks Rank #1 (Strong Buy) Dillard's DDS is a large departmental store chain featuring fashion apparel and home furnishings. Dillard's, Inc. (DDS): Free Stock Analysis Report Sales at non-store retailers jumped 2.7% boosted in large part by Amazon’s Prime Day event on July 12 and 13.
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Zacks Rank #1 (Strong Buy) Dillard's DDS is a large departmental store chain featuring fashion apparel and home furnishings. Dillard's, Inc. (DDS): Free Stock Analysis Report Food & Beverage Stores Food & Beverage stores’ sales gained 0.2% sequentially in the month and 8.4% year over year.
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Zacks Rank #1 (Strong Buy) Dillard's DDS is a large departmental store chain featuring fashion apparel and home furnishings. Dillard's, Inc. (DDS): Free Stock Analysis Report The fund follows the MVIS US Listed Retail 25 Index tracks the overall performance of companies involved in retail distribution, wholesalers, on-line, direct mail and TV retailers, multi-line retailers, specialty retailers and food and other staples retailers.
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Zacks Rank #1 (Strong Buy) Dillard's DDS is a large departmental store chain featuring fashion apparel and home furnishings. Dillard's, Inc. (DDS): Free Stock Analysis Report Click to get this free report
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48e90c6c-e02b-4c0d-81a8-b4e36c812248
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719318.0
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2022-08-22 00:00:00 UTC
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Best Growth Stocks to Buy for August 22nd
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https://www.nasdaq.com/articles/best-growth-stocks-to-buy-for-august-22nd
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 22nd:
Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Coansensus Estimate for its current year earnings increasing 36.9% over the last 60 days.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. price-consensus-chart | Dillard's, Inc. Quote
Dillard’s has a PEG ratio of 0.60 compared with 0.67 for the industry. The company possesses a Growth Scoreof B.
Dillard's, Inc. PEG Ratio (TTM)
Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote
Exxon Mobil Corporation XOM: This explorer and producer of crude oil and natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.6% over the last 60 days.
Exxon Mobil Corporation Price and Consensus
Exxon Mobil Corporation price-consensus-chart | Exxon Mobil Corporation Quote
Exxon Mobil has a PEG ratio of 0.31 compared with 0.50 for the industry. The company possesses a Growth Score of A.
Exxon Mobil Corporation PEG Ratio (TTM)
Exxon Mobil Corporation peg-ratio-ttm | Exxon Mobil Corporation Quote
Equinor ASA EQNR: This explorer and producer of petroleum and related products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.5% over the last 60 days.
Equinor ASA Price and Consensus
Equinor ASA price-consensus-chart | Equinor ASA Quote
Equinor has a PEG ratio of 0.12 compared with 0.39 for the industry. The company possesses a Growth Score of A.
Equinor ASA PEG Ratio (TTM)
Equinor ASA peg-ratio-ttm | Equinor ASA Quote
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Exxon Mobil Corporation (XOM): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Equinor ASA (EQNR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 22nd: Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Coansensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free.
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 22nd: Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Coansensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Scoreof B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Exxon Mobil Corporation XOM: This explorer and producer of crude oil and natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.6% over the last 60 days.
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 22nd: Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Coansensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Scoreof B. Dillard's, Inc. PEG Ratio (TTM) Dillard's, Inc. peg-ratio-ttm | Dillard's, Inc. Quote Exxon Mobil Corporation XOM: This explorer and producer of crude oil and natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.6% over the last 60 days.
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 22nd: Dillard's, Inc. DDS: This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Coansensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Growth Score of A. Equinor ASA PEG Ratio (TTM) Equinor ASA peg-ratio-ttm | Equinor ASA Quote See the full list of top ranked stocks here.
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719319.0
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2022-08-22 00:00:00 UTC
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Beat the Market the Zacks Way: Dillard's (DDS), Sotherly Hotels (SOHO), Casey's (CASY) in Focus
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DDS
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https://www.nasdaq.com/articles/beat-the-market-the-zacks-way%3A-dillards-dds-sotherly-hotels-soho-caseys-casy-in-focus
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All three most widely followed indexes closed the last week lower, ending a four-week winning streak. The tech-heavy Nasdaq and the S&P 500 lost 2.6% and 1.2%, respectively, while the Dow Jones Industrial Average fell 0.2% for the week.
Shares in more than 80% of the companies on the S&P 500 Index fell Friday, and the Nasdaq Composite suffered as tech stocks became a drag on the market. The S&P closed its heaviest losing day in seven weeks owing to this massive sell-off.
A largely upbeat second-quarter earnings season and solid economic data have led the indexes to gains. However, with indications from the Fed of further interest rate hikes, apprehensions remain about an impending recession in the foreseeable future.
Also, there was a heavy global economic drag throughout the week, with China reporting weaker-than-expected retail sales and industrial production and the July UK inflation data showing the highest increase in 40 years.
Regardless of market conditions, we, here at Zacks, provide investors with unbiased guidance on how to beat the market.
Zacks Research guided investors last week with its time-tested methodologies as usual. Given the prevailing market uncertainty, you may want to look at our feats to prepare better for your next action.
Here are some of our key achievements from last week:
Dillard’s, YPF Sociedad Gain Following Zacks Rank Upgrade
Shares of Dillard’s, Inc. DDS have gained 6.3% since it was upgraded to a Zacks Rank #1 (Strong Buy) on August 13. The rating upgrade was primarily driven by an upward trend in earnings estimates, one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating.
For DDS, the consensus EPS estimate of $36.23 for the current year has increased 38.3% over the past month.
Rising earnings estimates and the consequent Zacks Rank upgrade for DDS imply an improvement in the company's underlying business. Investors have started showing their appreciation for this improving business trend by pushing the stock higher.
Check Dillard’s’ historical EPS and Sales here>>>
YPF Sociedad Anonima YPF, another stock upgraded to a Zacks Rank #1 on August 13, has returned 5.4% over the past week. Over the past month, a 51.1% increase in the current-year consensus EPS estimate has driven the rating upgrade.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +24.8% since 1988. You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here >>>
Check YPF Sociedad’s historical EPS and Sales here>>>
Image Source: Zacks Investment Research
Zacks Recommendation Upgrade Drives FlexShopper, Sotherly Hotels Higher
Shares of FlexShopper, Inc. FPAY and Sotherly Hotels Inc. SOHO have gained 49.2% and 16.7%, respectively, since their Zacks Recommendation was upgraded to Outperform on August 15.
While the Zacks Rank is our short-term rating system that is most effective over the one- to three-month holding horizon, the Zacks Recommendation aims to predict performance over the next 6 to 12 months. However, just like the Zacks Rank, the foundation for the Zacks Recommendation is trends in earnings estimate revisions.
The Zacks Recommendation classifies stocks into three groups — Outperform, Neutral and Underperform. While these recommendations are determined quantitatively, our analysts have the flexibility to override them for the 1100+ stocks they closely follow based on their better judgment of factors such as valuation, industry conditions and management effectiveness than the quantitative model.
To access our research reports with Zacks Recommendations for the 1100+ stocks we cover, click here>>>
Zacks Focus List Model Portfolio Stock Casey’s Gains
Shares of Casey's General Stores, Inc. CASY, which belongs to the Zacks Focus List, have shot up 6.5% over the past week. The Zacks Focus List is a model portfolio of 50 hand-picked stocks that possess the right fundamental ingredients to outperform the market over the next 12 months. These 50 stocks are picked from a long list of stocks with the highest Zacks Rank.
Casey’s was added to the Focus List on August 20, 2019, at $171.98 per share. The stock has gained 29% since then to close the last trading session at $221.90.
Since its inception on February 1, 1996, the Focus List portfolio has delivered an annualized return of +12.9%.
Unlock all of our powerful research, tools and analysis, including the Focus List, Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. Gain full access now >>
Zacks ECAP Stock Ball Corporation Rears Its Head Above The Rest
Ball Corporation BALL, a component of our Earnings Certain Admiral Portfolio (ECAP), surged 4.1% last week. ECAP is a model portfolio of 30 concentrated, ultra-defensive, long-term Buy and Hold stocks.
With little to no turnover and annual rebalance periodicity, the ECAP seeks to minimize capital loss by holding shares of companies whose earnings streams exhibit a proven 20+ year track record of surviving recessionary periods with minimal impact on aggregate earnings growth relative to the overall S&P 500.
In terms of last week’s returns, Colgate-Palmolive Company CL and Walmart Inc. WMT followed Ball Corporation with 3.7% and 3.6% gains, respectively.
The ECAP and many other model portfolios are available as part of Zacks Advisor Tools, a cloud-based solution to access Zacks award-winning stock, mutual fund and ETF research. Click here to schedule a demo.
Zacks ECDP Stock J. M. Smucker Witnesses Price Increase
The J. M. Smucker Company SJM, which is part of our Earnings Certain Dividend Portfolio (ECDP), jumped 4.5% last week. Investors’ inclination toward quality dividend stocks to secure an income stream amid heightened market volatility contributed to this performance. Check J. M. Smucker’s dividend history here>>>
With an extremely low Beta and a history of minimum earnings variability over the last 20+ years, this 25-stock portfolio helps to significantly mitigate risk. The ECDP has consistently outperformed the S&P 500 Dividend Aristocrats ETF NOBL.
Click here to access this portfolio on Zacks Advisor Tools.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Walmart Inc. (WMT): Free Stock Analysis Report
ColgatePalmolive Company (CL): Free Stock Analysis Report
The J. M. Smucker Company (SJM): Free Stock Analysis Report
YPF Sociedad Anonima (YPF): Free Stock Analysis Report
Casey's General Stores, Inc. (CASY): Free Stock Analysis Report
Sotherly Hotels Inc. (SOHO): Free Stock Analysis Report
ProShares S&P 500 Dividend Aristocrats ETF (NOBL): ETF Research Reports
FlexShopper Inc. (FPAY): Free Stock Analysis Report
Ball Corporation (BALL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are some of our key achievements from last week: Dillard’s, YPF Sociedad Gain Following Zacks Rank Upgrade Shares of Dillard’s, Inc. DDS have gained 6.3% since it was upgraded to a Zacks Rank #1 (Strong Buy) on August 13. For DDS, the consensus EPS estimate of $36.23 for the current year has increased 38.3% over the past month. Rising earnings estimates and the consequent Zacks Rank upgrade for DDS imply an improvement in the company's underlying business.
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Here are some of our key achievements from last week: Dillard’s, YPF Sociedad Gain Following Zacks Rank Upgrade Shares of Dillard’s, Inc. DDS have gained 6.3% since it was upgraded to a Zacks Rank #1 (Strong Buy) on August 13. For DDS, the consensus EPS estimate of $36.23 for the current year has increased 38.3% over the past month. Rising earnings estimates and the consequent Zacks Rank upgrade for DDS imply an improvement in the company's underlying business.
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Here are some of our key achievements from last week: Dillard’s, YPF Sociedad Gain Following Zacks Rank Upgrade Shares of Dillard’s, Inc. DDS have gained 6.3% since it was upgraded to a Zacks Rank #1 (Strong Buy) on August 13. For DDS, the consensus EPS estimate of $36.23 for the current year has increased 38.3% over the past month. Rising earnings estimates and the consequent Zacks Rank upgrade for DDS imply an improvement in the company's underlying business.
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Here are some of our key achievements from last week: Dillard’s, YPF Sociedad Gain Following Zacks Rank Upgrade Shares of Dillard’s, Inc. DDS have gained 6.3% since it was upgraded to a Zacks Rank #1 (Strong Buy) on August 13. For DDS, the consensus EPS estimate of $36.23 for the current year has increased 38.3% over the past month. Rising earnings estimates and the consequent Zacks Rank upgrade for DDS imply an improvement in the company's underlying business.
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39f6173d-259d-4f4b-857b-f90cb632dbad
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719320.0
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2022-08-15 00:00:00 UTC
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Is Arcos Dorados (ARCO) Outperforming Other Retail-Wholesale Stocks This Year?
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https://www.nasdaq.com/articles/is-arcos-dorados-arco-outperforming-other-retail-wholesale-stocks-this-year-1
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Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Arcos Dorados (ARCO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Arcos Dorados is a member of the Retail-Wholesale sector. This group includes 229 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Arcos Dorados is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ARCO's full-year earnings has moved 34.5% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, ARCO has moved about 28.5% on a year-to-date basis. At the same time, Retail-Wholesale stocks have lost an average of 15.3%. As we can see, Arcos Dorados is performing better than its sector in the calendar year.
Another stock in the Retail-Wholesale sector, Dillard's (DDS), has outperformed the sector so far this year. The stock's year-to-date return is 23.1%.
For Dillard's, the consensus EPS estimate for the current year has increased 27.1% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Arcos Dorados belongs to the Retail - Restaurants industry, a group that includes 43 individual companies and currently sits at #189 in the Zacks Industry Rank. This group has lost an average of 10.1% so far this year, so ARCO is performing better in this area.
In contrast, Dillard's falls under the Retail - Regional Department Stores industry. Currently, this industry has 3 stocks and is ranked #94. Since the beginning of the year, the industry has moved -14.3%.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Arcos Dorados and Dillard's as they attempt to continue their solid performance.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arcos Dorados Holdings Inc. (ARCO): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Another stock in the Retail-Wholesale sector, Dillard's (DDS), has outperformed the sector so far this year. Dillard's, Inc. (DDS): Free Stock Analysis Report The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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Dillard's, Inc. (DDS): Free Stock Analysis Report Another stock in the Retail-Wholesale sector, Dillard's (DDS), has outperformed the sector so far this year. This group includes 229 individual stocks and currently holds a Zacks Sector Rank of #13.
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Another stock in the Retail-Wholesale sector, Dillard's (DDS), has outperformed the sector so far this year. Dillard's, Inc. (DDS): Free Stock Analysis Report Arcos Dorados (ARCO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole?
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Another stock in the Retail-Wholesale sector, Dillard's (DDS), has outperformed the sector so far this year. Dillard's, Inc. (DDS): Free Stock Analysis Report According to our latest data, ARCO has moved about 28.5% on a year-to-date basis.
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719321.0
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2022-08-15 00:00:00 UTC
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Here's How Much a $1000 Investment in Dillard's Made 10 Years Ago Would Be Worth Today
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https://www.nasdaq.com/articles/heres-how-much-a-%241000-investment-in-dillards-made-10-years-ago-would-be-worth-today-1
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nan
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For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.
What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today?
Dillard's' Business In-Depth
With that in mind, let's take a look at Dillard's' main business drivers.
Dillard's Inc. is a large departmental store chain featuring fashion apparel and home furnishings. As of Jul 30, 2022, Dillard’s operates 250 full-line Dillard’s stores and 29 clearance stores in 29 states and on dillards.com. The company also sells its merchandize through the Internet at www.dillards.com. Stores are mainly located in the Southwest, Southeast, and Midwest regions of the United States.
The company’s primary product categories comprise women’s and children’s apparel, shoes, accessories and lingerie, men’s clothing and accessories, cosmetics, home, and children’s clothing. Its merchandise mix consists of both branded and private-label items. The company’s strategy is to offer more fashion-forward and trendy products in order to attract customers.
Dillard’s also owns a real estate investment trust (REIT), which helps it to enhance its liquidity position. Revenues of a REIT company mostly come from either rent or mortgage payments. The company has an obligation to distribute at least 90% of its taxable income to investors in the form of dividends. A REIT company does not have to pay taxes at the corporate level.
Moreover, Dillard’s has a wholly owned captive insurance company, which enables it to manage its risks more efficiently and provide access to more reinsurance markets. A captive insurance company is an ‘in- house’ insurance company with limited purpose, which insures the risks of its parent company. The captive insurance company may reinsure some or all risks, or may retain such risks of its parent company. The primary goal of forming a captive insurance company is to retain the profit that would have been made by an outside third-party insurance company or in a situation where the coverage is not available for business risks.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in Dillard's ten years ago, you're probably feeling pretty good about your investment today.
A $1000 investment made in August 2012 would be worth $4,066.88, or a gain of 306.69%, as of August 15, 2022, according to our calculations. This return excludes dividends but includes price appreciation.
In comparison, the S&P 500 gained 204.45% and the price of gold went up 7.86% over the same time frame.
Going forward, analysts are expecting more upside for DDS.
Shares of Dillard's have lagged the industry in the past three months. The stock came under pressure due to elevated payroll and payroll-related expenses amid the current competitive wage environment. Also, it continues to witness a rising trend in SG&A expenses. The ladies’ apparel category remained sluggish in the second quarter of fiscal 2022. However, the company boasts a robust earnings surprise trend, which continued in second-quarter fiscal 2022. Both top and bottom lines beat the Zacks Consensus Estimate and rose year over year. This marked the ninth straight quarter of an earnings beat. Results gained from the continued momentum in consumer demand. The company witnessed robust sales in cosmetics, men’s apparel and accessories. Also, management’s share repurchases and dividend payments bode well.
The stock has jumped 49.94% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 1 higher, for fiscal 2022; the consensus estimate has moved up as well.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Going forward, analysts are expecting more upside for DDS.
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What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Going forward, analysts are expecting more upside for DDS.
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What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Going forward, analysts are expecting more upside for DDS.
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It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? What if you'd invested in Dillard's (DDS) ten years ago? Going forward, analysts are expecting more upside for DDS.
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69115404-d60f-4a04-a6e5-555bba99101b
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719322.0
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2022-08-15 00:00:00 UTC
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New Strong Buy Stocks for August 15th
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DDS
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https://www.nasdaq.com/articles/new-strong-buy-stocks-for-august-15th
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nan
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nan
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Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
YPF Sociedad Anonima YPF: This international energy company which has integrated business of hydrocarbons, focalized in Latin America, with high standards of efficiency, profitability and responsibility, has seen the Zacks Consensus Estimate for its current year earnings increasing 54.5% over the last 60 days.
YPF Sociedad Anonima Price and Consensus
YPF Sociedad Anonima price-consensus-chart | YPF Sociedad Anonima Quote
Dillard's DDS: This large departmental store chain which features fashion apparel and home furnishings with stores mainly located in the Southwest, Southeast, and Midwest regions of the United States, has seen the Zacks Consensus Estimate for its current year earnings increasing 27.1% over the last 60 days.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. price-consensus-chart | Dillard's, Inc. Quote
Petroleo Brasileiro PBR: This company which is the largest integrated energy firm in Brazil and one of the largest in Latin America, has seen the Zacks Consensus Estimate for its current year earnings increasing 22.0% over the last 60 days.
Petroleo Brasileiro S.A. Petrobras Price and Consensus
Petroleo Brasileiro S.A. Petrobras price-consensus-chart | Petroleo Brasileiro S.A. Petrobras Quote
Grupo Financiero Santander Mexico BSMX: This Mexico-based company that provides banking services to commercial and private customers, has seen the Zacks Consensus Estimate for its current year earnings increasing almost 10.5% over the last 60 days.
Grupo Financiero Santander Mexico S.A. B. de C.V. Price and Consensus
Grupo Financiero Santander Mexico S.A. B. de C.V. price-consensus-chart | Grupo Financiero Santander Mexico S.A. B. de C.V. Quote
H&R Block HRB: This company which provides assisted income tax return preparation, do-it-yourself (DIY) tax solutions and other products and services associated with income tax return preparation in the United States, Canada and Australia, has seen the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.
H&R Block, Inc. Price and Consensus
H&R Block, Inc. price-consensus-chart | H&R Block, Inc. Quote
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Petroleo Brasileiro S.A. Petrobras (PBR): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
H&R Block, Inc. (HRB): Free Stock Analysis Report
YPF Sociedad Anonima (YPF): Free Stock Analysis Report
Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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YPF Sociedad Anonima Price and Consensus YPF Sociedad Anonima price-consensus-chart | YPF Sociedad Anonima Quote Dillard's DDS: This large departmental store chain which features fashion apparel and home furnishings with stores mainly located in the Southwest, Southeast, and Midwest regions of the United States, has seen the Zacks Consensus Estimate for its current year earnings increasing 27.1% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: YPF Sociedad Anonima YPF: This international energy company which has integrated business of hydrocarbons, focalized in Latin America, with high standards of efficiency, profitability and responsibility, has seen the Zacks Consensus Estimate for its current year earnings increasing 54.5% over the last 60 days.
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YPF Sociedad Anonima Price and Consensus YPF Sociedad Anonima price-consensus-chart | YPF Sociedad Anonima Quote Dillard's DDS: This large departmental store chain which features fashion apparel and home furnishings with stores mainly located in the Southwest, Southeast, and Midwest regions of the United States, has seen the Zacks Consensus Estimate for its current year earnings increasing 27.1% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Petroleo Brasileiro S.A. Petrobras Price and Consensus Petroleo Brasileiro S.A. Petrobras price-consensus-chart | Petroleo Brasileiro S.A. Petrobras Quote Grupo Financiero Santander Mexico BSMX: This Mexico-based company that provides banking services to commercial and private customers, has seen the Zacks Consensus Estimate for its current year earnings increasing almost 10.5% over the last 60 days.
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YPF Sociedad Anonima Price and Consensus YPF Sociedad Anonima price-consensus-chart | YPF Sociedad Anonima Quote Dillard's DDS: This large departmental store chain which features fashion apparel and home furnishings with stores mainly located in the Southwest, Southeast, and Midwest regions of the United States, has seen the Zacks Consensus Estimate for its current year earnings increasing 27.1% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Petroleo Brasileiro S.A. Petrobras Price and Consensus Petroleo Brasileiro S.A. Petrobras price-consensus-chart | Petroleo Brasileiro S.A. Petrobras Quote Grupo Financiero Santander Mexico BSMX: This Mexico-based company that provides banking services to commercial and private customers, has seen the Zacks Consensus Estimate for its current year earnings increasing almost 10.5% over the last 60 days.
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YPF Sociedad Anonima Price and Consensus YPF Sociedad Anonima price-consensus-chart | YPF Sociedad Anonima Quote Dillard's DDS: This large departmental store chain which features fashion apparel and home furnishings with stores mainly located in the Southwest, Southeast, and Midwest regions of the United States, has seen the Zacks Consensus Estimate for its current year earnings increasing 27.1% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: YPF Sociedad Anonima YPF: This international energy company which has integrated business of hydrocarbons, focalized in Latin America, with high standards of efficiency, profitability and responsibility, has seen the Zacks Consensus Estimate for its current year earnings increasing 54.5% over the last 60 days.
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98318929-cf5d-49b5-941c-1f5ccd8baecb
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719323.0
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2022-08-12 00:00:00 UTC
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Company News for Aug 12, 2022
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DDS
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https://www.nasdaq.com/articles/company-news-for-aug-12-2022
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nan
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nan
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Shares of Hanesbrands Inc. HBI declined 7.7% after the company reported second-quarter 2022 earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.33 per share.
Dillard's, Inc.’s DDS shares soared 17.8% after the company reported second-quarter 2022 earnings of $9.30 per share, beating the Zacks Consensus Estimate of $2.88 per share.
Shares of Six Flags Entertainment Corporation SIX plummeted 18.2% after the company reported second-quarter 2022 earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.98 per share.
National Vision Holdings, Inc.’s EYE shares gained 3.1% after the company reported second-quarter 2022 earnings of $0.21 per share, outpacing the Zacks Consensus Estimate of $0.08 per share.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Hanesbrands Inc. (HBI): Free Stock Analysis Report
Six Flags Entertainment Corporation New (SIX): Free Stock Analysis Report
National Vision Holdings, Inc. (EYE): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc.’s DDS shares soared 17.8% after the company reported second-quarter 2022 earnings of $9.30 per share, beating the Zacks Consensus Estimate of $2.88 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
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Dillard's, Inc.’s DDS shares soared 17.8% after the company reported second-quarter 2022 earnings of $9.30 per share, beating the Zacks Consensus Estimate of $2.88 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report Shares of Hanesbrands Inc. HBI declined 7.7% after the company reported second-quarter 2022 earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.33 per share.
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Dillard's, Inc.’s DDS shares soared 17.8% after the company reported second-quarter 2022 earnings of $9.30 per share, beating the Zacks Consensus Estimate of $2.88 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report Shares of Six Flags Entertainment Corporation SIX plummeted 18.2% after the company reported second-quarter 2022 earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.98 per share.
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Dillard's, Inc.’s DDS shares soared 17.8% after the company reported second-quarter 2022 earnings of $9.30 per share, beating the Zacks Consensus Estimate of $2.88 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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f35f48b7-f0de-4938-add7-7bcc1df9b94a
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719324.0
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2022-08-12 00:00:00 UTC
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New Strong Sell Stocks for August 12th
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DDS
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https://www.nasdaq.com/articles/new-strong-sell-stocks-for-august-12th
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nan
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nan
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Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:
Dillard's, Inc. DDS is a large fashion retailing company. The Zacks Consensus Estimate for its current year earnings has been revised 1% downward over the last 60 days.
Louisiana-Pacific Corporation LPX is a manufacturer of home-building products. The Zacks Consensus Estimate for its current year earnings has been revised 7.9% downward over the last 60 days.
IMAX Corporation IMAX is an entertainment technology company. The Zacks Consensus Estimate for its current year earnings has been revised 40.4% downward over the last 60 days.
View the entire Zacks Rank #5 List.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
LouisianaPacific Corporation (LPX): Free Stock Analysis Report
IMAX Corporation (IMAX): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Dillard's, Inc. DDS is a large fashion retailing company. Dillard's, Inc. (DDS): Free Stock Analysis Report The Zacks Consensus Estimate for its current year earnings has been revised 7.9% downward over the last 60 days.
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Dillard's, Inc. (DDS): Free Stock Analysis Report Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Dillard's, Inc. DDS is a large fashion retailing company. LouisianaPacific Corporation (LPX): Free Stock Analysis Report
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Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Dillard's, Inc. DDS is a large fashion retailing company. Dillard's, Inc. (DDS): Free Stock Analysis Report The Zacks Consensus Estimate for its current year earnings has been revised 1% downward over the last 60 days.
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Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Dillard's, Inc. DDS is a large fashion retailing company. Dillard's, Inc. (DDS): Free Stock Analysis Report Click to get this free report
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99356021-280b-48ca-a1c7-c912a8e9618f
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719325.0
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2022-08-11 00:00:00 UTC
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Why Dillard's Stock Rocketed 18% at the Open Today
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DDS
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https://www.nasdaq.com/articles/why-dillards-stock-rocketed-18-at-the-open-today
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nan
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nan
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What happened
Shares of retailer Dillard's (NYSE: DDS) rose dramatically at the open on Aug. 11, gaining as much as 18% in early trading. A half hour or so into the day, the stock had pulled back a little, but was still higher by a sizable 13%. The big story was the company's second-quarter 2022 earning update, which hit the market before the open today.
So what
Dillard's reported retail sales of $1.55 billion in the second quarter, up slightly from nearly $1.54 billion in the same quarter of 2021. Same-store sales were flat. However, management noted that the second quarter of 2021 was the strongest in the company's history, so this was a solid showing. On the bottom line, Dillard's posted earnings per share of $9.30 compared with $8.81 last year, a healthy increase helped along by sizable share buybacks. To put a number on that, in the second quarter of 2021, Dillard's average share count was 21.1 million shares; it fell to 17.6 million shares this quarter.
The big gain today is likely related to three things. First, the broader market was in rally mode this morning. Second, Dillard's results were solid, given the tough comparison. And third, the retailer also happened to beat Wall Street consensus on both the top and bottom lines. Investors like to see that, but it is notable that the analyst call was for earnings of $3.47 per share. Thus, this was a very sizable beat. No wonder investors were in a positive mood.
Now what
Clearly, Dillard's business is holding up fairly well, and that's a good thing. However, management made a point of saying that "business softened in the quarter," which is something investors need to watch closely given the broader concerns of an economic contraction (there have already been two consecutive quarters of negative GDP growth, which is the unofficial mark of a recession). Still, given the big beat on earnings, it is hard to fault investors for taking a glass-half-full view today.
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Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What happened Shares of retailer Dillard's (NYSE: DDS) rose dramatically at the open on Aug. 11, gaining as much as 18% in early trading. The big story was the company's second-quarter 2022 earning update, which hit the market before the open today. Still, given the big beat on earnings, it is hard to fault investors for taking a glass-half-full view today.
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What happened Shares of retailer Dillard's (NYSE: DDS) rose dramatically at the open on Aug. 11, gaining as much as 18% in early trading. On the bottom line, Dillard's posted earnings per share of $9.30 compared with $8.81 last year, a healthy increase helped along by sizable share buybacks. To put a number on that, in the second quarter of 2021, Dillard's average share count was 21.1 million shares; it fell to 17.6 million shares this quarter.
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What happened Shares of retailer Dillard's (NYSE: DDS) rose dramatically at the open on Aug. 11, gaining as much as 18% in early trading. On the bottom line, Dillard's posted earnings per share of $9.30 compared with $8.81 last year, a healthy increase helped along by sizable share buybacks. To put a number on that, in the second quarter of 2021, Dillard's average share count was 21.1 million shares; it fell to 17.6 million shares this quarter.
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What happened Shares of retailer Dillard's (NYSE: DDS) rose dramatically at the open on Aug. 11, gaining as much as 18% in early trading. So what Dillard's reported retail sales of $1.55 billion in the second quarter, up slightly from nearly $1.54 billion in the same quarter of 2021. However, management noted that the second quarter of 2021 was the strongest in the company's history, so this was a solid showing.
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9b18c69e-b9d2-49ef-91d1-a8ab241d0889
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719326.0
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2022-08-11 00:00:00 UTC
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DDS Makes Bullish Cross Above Critical Moving Average
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DDS
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https://www.nasdaq.com/articles/dds-makes-bullish-cross-above-critical-moving-average
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nan
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nan
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) crossed above their 200 day moving average of $268.45, changing hands as high as $294.07 per share. Dillard's Inc. shares are currently trading up about 11.8% on the day. The chart below shows the one year performance of DDS shares, versus its 200 day moving average:
Looking at the chart above, DDS's low point in its 52 week range is $167.03 per share, with $416.71 as the 52 week high point — that compares with a last trade of $277.84.
Free Report: Top 7%+ Dividends (paid monthly)
Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) crossed above their 200 day moving average of $268.45, changing hands as high as $294.07 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $167.03 per share, with $416.71 as the 52 week high point — that compares with a last trade of $277.84. Free Report: Top 7%+ Dividends (paid monthly) Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) crossed above their 200 day moving average of $268.45, changing hands as high as $294.07 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $167.03 per share, with $416.71 as the 52 week high point — that compares with a last trade of $277.84. Free Report: Top 7%+ Dividends (paid monthly) Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) crossed above their 200 day moving average of $268.45, changing hands as high as $294.07 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $167.03 per share, with $416.71 as the 52 week high point — that compares with a last trade of $277.84. Free Report: Top 7%+ Dividends (paid monthly) Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) crossed above their 200 day moving average of $268.45, changing hands as high as $294.07 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $167.03 per share, with $416.71 as the 52 week high point — that compares with a last trade of $277.84. Dillard's Inc. shares are currently trading up about 11.8% on the day.
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df689386-f309-434e-b7c6-eb688296b0ec
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719327.0
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2022-08-11 00:00:00 UTC
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Dillard's Q2 Results Top Estimates
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DDS
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https://www.nasdaq.com/articles/dillards-q2-results-top-estimates
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nan
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nan
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(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday a second-quarter net income of $163.4 million or $9.30 per share, lower than $185.7 million or $8.81 per share in the prior-year quarter.
Net sales for the quarter edged up to $1.59 billion from $1.57 billion in the same quarter last year. Comparable store retail sales for the quarter were flat.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $3.47 per share on net sales of $1.54 billion for the quarter. Analysts' estimates typically exclude special items.
The Company also announced the upcoming closing of locations in Sikes Senter in Wichita Falls, Texas and East Hills Mall in St. Joseph, Missouri. Both locations are expected to close during the third quarter.
Further, Dillard's confirmed its commitment to The Empire Mall in Sioux Falls, South Dakota, with the new store expected to open in the fall of 2023 to mark the Company's 30th state of operation.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday a second-quarter net income of $163.4 million or $9.30 per share, lower than $185.7 million or $8.81 per share in the prior-year quarter. On average, analysts polled by Thomson Reuters expected the company to report earnings of $3.47 per share on net sales of $1.54 billion for the quarter. The Company also announced the upcoming closing of locations in Sikes Senter in Wichita Falls, Texas and East Hills Mall in St. Joseph, Missouri.
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(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday a second-quarter net income of $163.4 million or $9.30 per share, lower than $185.7 million or $8.81 per share in the prior-year quarter. Net sales for the quarter edged up to $1.59 billion from $1.57 billion in the same quarter last year. On average, analysts polled by Thomson Reuters expected the company to report earnings of $3.47 per share on net sales of $1.54 billion for the quarter.
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(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday a second-quarter net income of $163.4 million or $9.30 per share, lower than $185.7 million or $8.81 per share in the prior-year quarter. Net sales for the quarter edged up to $1.59 billion from $1.57 billion in the same quarter last year. On average, analysts polled by Thomson Reuters expected the company to report earnings of $3.47 per share on net sales of $1.54 billion for the quarter.
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(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday a second-quarter net income of $163.4 million or $9.30 per share, lower than $185.7 million or $8.81 per share in the prior-year quarter. Net sales for the quarter edged up to $1.59 billion from $1.57 billion in the same quarter last year. On average, analysts polled by Thomson Reuters expected the company to report earnings of $3.47 per share on net sales of $1.54 billion for the quarter.
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cd71b4e8-d90d-4ed1-875a-5e67aa97c57d
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719328.0
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2022-08-11 00:00:00 UTC
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Dillard's (DDS) Beats Q2 Earnings and Revenue Estimates
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DDS
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https://www.nasdaq.com/articles/dillards-dds-beats-q2-earnings-and-revenue-estimates
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nan
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nan
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Dillard's (DDS) came out with quarterly earnings of $9.30 per share, beating the Zacks Consensus Estimate of $2.88 per share. This compares to earnings of $8.81 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 222.92%. A quarter ago, it was expected that this department store operator would post earnings of $5.36 per share when it actually produced earnings of $13.37, delivering a surprise of 149.44%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Dillard's, which belongs to the Zacks Retail - Regional Department Stores industry, posted revenues of $1.59 billion for the quarter ended July 2022, surpassing the Zacks Consensus Estimate by 2.23%. This compares to year-ago revenues of $1.57 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Dillard's shares have added about 1.4% since the beginning of the year versus the S&P 500's decline of -11.7%.
What's Next for Dillard's?
While Dillard's has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Dillard's: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $3.18 on $1.5 billion in revenues for the coming quarter and $26.19 on $6.89 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Regional Department Stores is currently in the bottom 1% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Macy's (M), has yet to report results for the quarter ended July 2022. The results are expected to be released on August 23.
This department store operator is expected to post quarterly earnings of $0.86 per share in its upcoming report, which represents a year-over-year change of -33.3%. The consensus EPS estimate for the quarter has been revised 1% lower over the last 30 days to the current level.
Macy's' revenues are expected to be $5.52 billion, down 2.3% from the year-ago quarter.
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Dillard's, Inc. (DDS): Free Stock Analysis Report
Macy's, Inc. (M): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's (DDS) came out with quarterly earnings of $9.30 per share, beating the Zacks Consensus Estimate of $2.88 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions.
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Dillard's (DDS) came out with quarterly earnings of $9.30 per share, beating the Zacks Consensus Estimate of $2.88 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report Dillard's, which belongs to the Zacks Retail - Regional Department Stores industry, posted revenues of $1.59 billion for the quarter ended July 2022, surpassing the Zacks Consensus Estimate by 2.23%.
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Dillard's (DDS) came out with quarterly earnings of $9.30 per share, beating the Zacks Consensus Estimate of $2.88 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report Dillard's, which belongs to the Zacks Retail - Regional Department Stores industry, posted revenues of $1.59 billion for the quarter ended July 2022, surpassing the Zacks Consensus Estimate by 2.23%.
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Dillard's (DDS) came out with quarterly earnings of $9.30 per share, beating the Zacks Consensus Estimate of $2.88 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report While Dillard's has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
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1846fbb3-93e5-4f29-b367-cf267a8d47e1
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719329.0
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2022-08-10 00:00:00 UTC
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Noteworthy Wednesday Option Activity: RVNC, MARA, DDS
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DDS
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https://www.nasdaq.com/articles/noteworthy-wednesday-option-activity%3A-rvnc-mara-dds
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nan
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Revance Therapeutics Inc (Symbol: RVNC), where a total volume of 4,501 contracts has been traded thus far today, a contract volume which is representative of approximately 450,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78.3% of RVNC's average daily trading volume over the past month, of 574,600 shares. Particularly high volume was seen for the $15 strike put option expiring August 19, 2022, with 1,304 contracts trading so far today, representing approximately 130,400 underlying shares of RVNC. Below is a chart showing RVNC's trailing twelve month trading history, with the $15 strike highlighted in orange:
Marathon Digital Holdings Inc (Symbol: MARA) options are showing a volume of 211,908 contracts thus far today. That number of contracts represents approximately 21.2 million underlying shares, working out to a sizeable 76.5% of MARA's average daily trading volume over the past month, of 27.7 million shares. Especially high volume was seen for the $25 strike call option expiring September 16, 2022, with 11,125 contracts trading so far today, representing approximately 1.1 million underlying shares of MARA. Below is a chart showing MARA's trailing twelve month trading history, with the $25 strike highlighted in orange:
And Dillard's Inc. (Symbol: DDS) options are showing a volume of 1,298 contracts thus far today. That number of contracts represents approximately 129,800 underlying shares, working out to a sizeable 73.3% of DDS's average daily trading volume over the past month, of 177,135 shares. Particularly high volume was seen for the $250 strike put option expiring August 19, 2022, with 750 contracts trading so far today, representing approximately 75,000 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $250 strike highlighted in orange:
For the various different available expirations for RVNC options, MARA options, or DDS options, visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Particularly high volume was seen for the $250 strike put option expiring August 19, 2022, with 750 contracts trading so far today, representing approximately 75,000 underlying shares of DDS. Below is a chart showing MARA's trailing twelve month trading history, with the $25 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 1,298 contracts thus far today. That number of contracts represents approximately 129,800 underlying shares, working out to a sizeable 73.3% of DDS's average daily trading volume over the past month, of 177,135 shares.
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Below is a chart showing MARA's trailing twelve month trading history, with the $25 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 1,298 contracts thus far today. That number of contracts represents approximately 129,800 underlying shares, working out to a sizeable 73.3% of DDS's average daily trading volume over the past month, of 177,135 shares. Particularly high volume was seen for the $250 strike put option expiring August 19, 2022, with 750 contracts trading so far today, representing approximately 75,000 underlying shares of DDS.
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Particularly high volume was seen for the $250 strike put option expiring August 19, 2022, with 750 contracts trading so far today, representing approximately 75,000 underlying shares of DDS. Below is a chart showing MARA's trailing twelve month trading history, with the $25 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 1,298 contracts thus far today. That number of contracts represents approximately 129,800 underlying shares, working out to a sizeable 73.3% of DDS's average daily trading volume over the past month, of 177,135 shares.
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That number of contracts represents approximately 129,800 underlying shares, working out to a sizeable 73.3% of DDS's average daily trading volume over the past month, of 177,135 shares. Particularly high volume was seen for the $250 strike put option expiring August 19, 2022, with 750 contracts trading so far today, representing approximately 75,000 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $250 strike highlighted in orange: For the various different available expirations for RVNC options, MARA options, or DDS options, visit StockOptionsChannel.com.
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213b28d4-5048-478c-991b-b716f2611056
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719330.0
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2022-08-09 00:00:00 UTC
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Validea Joel Greenblatt Strategy Daily Upgrade Report - 8/9/2022
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DDS
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https://www.nasdaq.com/articles/validea-joel-greenblatt-strategy-daily-upgrade-report-8-9-2022
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nan
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The following are today's upgrades for Validea's Earnings Yield Investor model based on the published strategy of Joel Greenblatt. This value model looks for companies with high return on capital and earnings yields.
MARAVAI LIFESCIENCES HOLDINGS INC (MRVI) is a mid-cap value stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Joel Greenblatt changed from 50% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Maravai LifeSciences Holdings, Inc. is a life sciences company. The Company provides products that enables the development of drug therapies, diagnostics, vaccines and support research on human diseases. The Company's segments include Nucleic Acid Production and Biologics Safety Testing. The Nucleic Acid Production segment focuses on the manufacturing and sale of highly modified nucleic acids products to support the needs of customers' research, therapeutic and vaccine programs. It also provides research products for labeling and detecting proteins in cells and tissue samples. Its products include CleanCap, messenger ribonucleic acid (mRNA) and oligonucleotide. The Biologics Safety Testing focuses on manufacturing and selling biologics safety and impurity tests and assay development services that are utilized by its customers in their biologic drug manufacturing spectrum. The Company provides ultra-pure nucleotides to customers in the diagnostics, pharma, genomics and research markets.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: FAIL
Detailed Analysis of MARAVAI LIFESCIENCES HOLDINGS INC
Full Guru Analysis for MRVI
Full Factor Report for MRVI
ASSERTIO HOLDINGS INC (ASRT) is a small-cap value stock in the Biotechnology & Drugs industry. The rating according to our strategy based on Joel Greenblatt changed from 0% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Assertio Holdings, Inc. is a specialty pharmaceutical company offering differentiated products to patients utilizing a non-personal promotional model. The Company's primary marketed products are INDOCIN (indomethacin) Suppositories, INDOCIN (indomethacin) Oral Suspension, INDOCIN (indomethacin) Oral Suspension, CAMBIA (diclofenac potassium for oral solution), Otrexup (methotrexate) injection for subcutaneous use, SPRIX (ketorolac tromethamine) Nasal Spray and Zipsor (diclofenac potassium) Liquid filled capsules. The Company has other commercially available products, which include OXAYDO (oxycodone HCI, USP) tablets for oral use only. Assertio and Zyla are the registered trademarks of the Company. INDOCIN products are used for the treatment of moderate to severe rheumatoid arthritis, including acute flares of chronic disease, moderate to severe ankylosing spondylitis, moderate to severe osteoarthritis, acute painful shoulder (bursitis and/or tendinitis) and acute gouty arthritis.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: PASS
Detailed Analysis of ASSERTIO HOLDINGS INC
Full Guru Analysis for ASRT
Full Factor Report for ASRT
SHOE CARNIVAL, INC. (SCVL) is a small-cap value stock in the Retail (Apparel) industry. The rating according to our strategy based on Joel Greenblatt changed from 0% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Shoe Carnival, Inc. is a family footwear retailer. The Company offers customers an assortment of dress, casual and athletic footwear for men, women and children. The Company provides customers to shop at any of its physical stores or shop online through its e-commerce platform. It operates a single approximately 410,000 square foot distribution center located in Evansville, Indiana. The Company owns trademarks and service marks, including Shoe Carnival and associated trade dress and related logos, Y-NOT?, UNR8ED, Solanz, Shoe Perks, SC Work Wear, When You Want To 2, A Surprise In Store, Shoes 2U, Laces for Learning, Princess Lacey's Laces, Shoe Station, Shoe Station Super Store and Shoe Station Select. The Company's facility supports the processing and distribution needs of over 460 stores. It has the right to expand the facility by 200,000 square feet, which provides the processing capacity to support approximately 650 stores.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: FAIL
Detailed Analysis of SHOE CARNIVAL, INC.
Full Guru Analysis for SCVL
Full Factor Report for SCVL
DILLARD'S, INC. (DDS) is a mid-cap value stock in the Retail (Department & Discount) industry. The rating according to our strategy based on Joel Greenblatt changed from 0% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Dillard's, Inc. is a retailer of fashion apparel, cosmetics and home furnishings. The Company operates through two segments: the operation of retail department stores and a general contracting construction company. It operates approximately 280 Dillard's stores, including 30 clearance centers, and an Internet store offering a selection of merchandise including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods. The Company also operates a general contracting construction company, CDI Contractors, LLC (CDI), whose business includes constructing and remodeling stores for the Company. The Company's merchandise selections include its lines of exclusive brand merchandise, such as Antonio Melani, Gianni Bini, GB, Roundtree & Yorke and Daniel Cremieux. Its retail stores are located primarily in shopping malls and open-air centers throughout the Southwest, Southeast and Midwest regions of the United States.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: PASS
Detailed Analysis of DILLARD'S, INC.
Full Guru Analysis for DDS
Full Factor Report for DDS
ANYWHERE REAL ESTATE INC (HOUS) is a small-cap value stock in the Real Estate Operations industry. The rating according to our strategy based on Joel Greenblatt changed from 0% to 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Anywhere Real Estate Inc., formerly Realogy Holdings Corp., is a provider of residential real estate services in United states. It operates through three segments: Realogy Franchise Group, Realogy Brokerage Group and Realogy Title Group. The Realogy Franchise Group franchises a portfolio of franchise brokerage brands, including the Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, Sotheby's International Realty and Better Homes and Gardens Real Estate. It also includes lead generation activities via Realogy Leads Group and global relocation services operation via Cartus Relocation Services. The Realogy Brokerage Group operates a full-service real estate brokerage business under Coldwell Banker, Corcoran and Sotheby's International Realty brand names. The Realogy Title Group provides full-service title, escrow and settlement services to real estate companies, corporations, and financial institutions primarily in support of residential real estate transactions.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: PASS
Detailed Analysis of ANYWHERE REAL ESTATE INC
Full Guru Analysis for HOUS
Full Factor Report for HOUS
DESTINATION XL GROUP INC (DXLG) is a small-cap value stock in the Retail (Apparel) industry. The rating according to our strategy based on Joel Greenblatt changed from 0% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Destination XL Group, Inc. is a specialty retailer of big and tall men's clothing with retail, wholesale and direct operations in the United States and Toronto, Canada. The Company operates under the trade names of Destination XL, DXL, DXL outlets, Casual Male XL and Casual Male XL outlets. It operates approximately 219 Destination XL stores, 16 DXL outlet stores, 32 Casual Male XL retail stores, 19 Casual Male XL outlet stores and a digital business, including an e-commerce site at dxl.com, a mobile site m.destinationXL.com and mobile application. The Company's segments include retail segment and wholesale business segment. Its retail segment operates store segment, which includes DXL Men's Apparel stores, Casual Male XL retail stores, DXL outlet, and Casual Male XL outlet stores; and direct business segment, which includes online business, through its Website, application and third-party marketplace.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: FAIL
Detailed Analysis of DESTINATION XL GROUP INC
Full Guru Analysis for DXLG
Full Factor Report for DXLG
TALOS ENERGY INC (TALO) is a small-cap value stock in the Oil & Gas - Integrated industry. The rating according to our strategy based on Joel Greenblatt changed from 0% to 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Talos Energy Inc. is a technically driven independent exploration and production company. The Company operates in the United States, Gulf of Mexico and offshore Mexico both upstream through oil and gas exploration and production, and downstream through the development of future carbon capture. Its area of focus in the United States is the Gulf of Mexico Deepwater and its core areas are Green Canyon, Mississippi Canyon and Shelf and Gulf Coast. Its area of focus in Mexico is Block 7 located within the Sureste Basin, a prolific proven hydrocarbon province, in the shallow waters off the coast of Mexico's Tabasco state. The Company, along with Bayou Bend CCS LLC, its venture with Carbonvert, Inc., has executed lease documentation with the Texas General Land Office (GLO) establishing an offshore carbon sequestration site in the United States. The lease comprises more than 40,000 acres immediately adjacent to the Beaumont and Port Arthur in the Texas industrial corridor.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: PASS
Detailed Analysis of TALOS ENERGY INC
Full Guru Analysis for TALO
Full Factor Report for TALO
OVINTIV INC (OVV) is a large-cap value stock in the Oil & Gas - Integrated industry. The rating according to our strategy based on Joel Greenblatt changed from 0% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company's operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company operates through three segments: USA Operations, Canadian Operations and Market Optimization. USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada. The Market Optimization segment is primarily responsible for the sale of the Company's production to third party customers. The segment's activities also include third-party purchases and sales of products.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
EARNINGS YIELD: NEUTRAL
RETURN ON TANGIBLE CAPITAL: NEUTRAL
FINAL RANKING: FAIL
Detailed Analysis of OVINTIV INC
Full Guru Analysis for OVV
Full Factor Report for OVV
More details on Validea's Joel Greenblatt strategy
Joel Greenblatt Stock Ideas
About Joel Greenblatt: In his 2005 bestseller The Little Book That Beats The Market, hedge fund manager Joel Greenblatt laid out a stunningly simple way to beat the market using two -- and only two -- fundamental variables. The "Magic Formula," as he called it, produced back-tested returns of 30.8 percent per year from 1988 through 2004, more than doubling the S&P 500's 12.4 percent return during that time. Greenblatt also produced exceptional returns as managing partner at Gotham Capital, a New York City-based hedge fund he founded. The firm averaged a remarkable 40 percent annualized return over more than two decades.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Detailed Analysis of SHOE CARNIVAL, INC. Full Guru Analysis for SCVL Full Factor Report for SCVL DILLARD'S, INC. (DDS) is a mid-cap value stock in the Retail (Department & Discount) industry. Detailed Analysis of DILLARD'S, INC. Full Guru Analysis for DDS Full Factor Report for DDS ANYWHERE REAL ESTATE INC (HOUS) is a small-cap value stock in the Real Estate Operations industry. The Company, along with Bayou Bend CCS LLC, its venture with Carbonvert, Inc., has executed lease documentation with the Texas General Land Office (GLO) establishing an offshore carbon sequestration site in the United States.
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Detailed Analysis of SHOE CARNIVAL, INC. Full Guru Analysis for SCVL Full Factor Report for SCVL DILLARD'S, INC. (DDS) is a mid-cap value stock in the Retail (Department & Discount) industry. Detailed Analysis of DILLARD'S, INC. Full Guru Analysis for DDS Full Factor Report for DDS ANYWHERE REAL ESTATE INC (HOUS) is a small-cap value stock in the Real Estate Operations industry. The Realogy Brokerage Group operates a full-service real estate brokerage business under Coldwell Banker, Corcoran and Sotheby's International Realty brand names.
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Detailed Analysis of SHOE CARNIVAL, INC. Full Guru Analysis for SCVL Full Factor Report for SCVL DILLARD'S, INC. (DDS) is a mid-cap value stock in the Retail (Department & Discount) industry. Detailed Analysis of DILLARD'S, INC. Full Guru Analysis for DDS Full Factor Report for DDS ANYWHERE REAL ESTATE INC (HOUS) is a small-cap value stock in the Real Estate Operations industry. The Company also operates a general contracting construction company, CDI Contractors, LLC (CDI), whose business includes constructing and remodeling stores for the Company.
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Detailed Analysis of SHOE CARNIVAL, INC. Full Guru Analysis for SCVL Full Factor Report for SCVL DILLARD'S, INC. (DDS) is a mid-cap value stock in the Retail (Department & Discount) industry. Detailed Analysis of DILLARD'S, INC. Full Guru Analysis for DDS Full Factor Report for DDS ANYWHERE REAL ESTATE INC (HOUS) is a small-cap value stock in the Real Estate Operations industry. The following are today's upgrades for Validea's Earnings Yield Investor model based on the published strategy of Joel Greenblatt.
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cba743e4-fa39-45e4-b14f-7a66b61de35c
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719331.0
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2022-08-09 00:00:00 UTC
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Here's How Dillard's (DDS) is Placed Just Ahead of Q2 Earnings
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DDS
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https://www.nasdaq.com/articles/heres-how-dillards-dds-is-placed-just-ahead-of-q2-earnings
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nan
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Dillard’s, Inc. DDS is expected to register year-over-year declines in the top and bottom lines when it reports second-quarter fiscal 2022 numbers. Higher SG&A expenses and supply-chain costs are likely to have dented its performance despite efforts to manage inventory levels and reduce operating expenses.
The Zacks Consensus Estimate for fiscal second-quarter revenues of $1.55 billion indicates a 1% decline from the year-ago reported figure.
The Zacks Consensus Estimate for fiscal second-quarter earnings is pegged at $2.88 per share, indicating a 67.3% decline from the year-ago quarter’s reported figure. The consensus estimate has been unchanged in the past 30 days.
We note that in the trailing four quarters, the company’s bottom line beat the Zacks Consensus Estimate by 224.1%, on average.
Dillard's, Inc. Price and EPS Surprise
Dillard's, Inc. price-eps-surprise | Dillard's, Inc. Quote
Key Factors to Note
Dillard’s has been benefiting from continued momentum in consumer demand and better inventory levels. It has recently been witnessing robust demand for men’s apparel and accessories, ladies, and children’s apparel categories.
The company’s initiatives to control inventory and expenses have been contributing to bottom-line gains for the past few quarters. Improved consumer demand and better inventory management have been leading to lower markdowns, which have been boosting the gross margin. The trends are expected to have continued in the fiscal second quarter.
However, stiff competition and raw material price inflation are likely to have been concerning. Also, the company has been witnessing elevated SG&A expenses for the past few quarters, which have been denting the bottom line to some extent. The persistence of the trend is anticipated to have affected the company’s profitability in the to-be-reported quarter.
What the Zacks Model Suggests
Our proven model does not conclusively predict an earnings beat for Dillard’s this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Dillard’s currently has a Zacks Rank #4 (Sell) and an Earnings ESP of 0.00%.
3 Stocks With Favorable Combination
Here are three companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat in their upcoming releases:
Ulta Beauty ULTA currently has an Earnings ESP of +3.27% and a Zacks Rank of 2. The company is likely to register top and bottom-line growth when it reports second-quarter fiscal 2022 results. The consensus mark for ULTA’s quarterly revenues is pegged at $2.2 billion, which suggests a rise of 11.7% from the figure reported in the prior-year quarter.
You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Ulta Beauty’s earnings has moved up by 1.3% to $4.84 per share in the past 30 days. The consensus estimate indicates 6.1% growth from $4.56 reported in the year-ago quarter.
Dollar General DG currently has an Earnings ESP of +0.99% and a Zacks Rank of 2. The company is likely to register increases in the top and bottom lines when it reports second-quarter fiscal 2022 numbers. The consensus mark for DG’s quarterly earnings has moved up by a penny in the past seven days to $2.92 per share. The consensus estimate suggests 8.6% growth from the year-ago quarter’s reported number.
The Zacks Consensus Estimate for Dollar General’s quarterly revenues is pegged at $9.4 billion, which suggests growth of 8.4% from the figure reported in the prior-year quarter.
Williams-Sonoma WSM currently has an Earnings ESP of +2.23% and a Zacks Rank of 3. The company is likely to register top and bottom-line growth when it reports second-quarter fiscal 2022 results. The consensus mark for WSM’s quarterly revenues is pegged at $2.03 billion, which suggests 4.1% growth from the figure reported in the prior-year quarter.
The consensus mark for WSM’s quarterly earnings has moved down 1.1% in the past 30 days to $3.47 per share. The consensus estimate suggests growth of 7.1% from the year-ago quarter.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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Dillard's, Inc. (DDS): Free Stock Analysis Report
Dollar General Corporation (DG): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
WilliamsSonoma, Inc. (WSM): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard’s, Inc. DDS is expected to register year-over-year declines in the top and bottom lines when it reports second-quarter fiscal 2022 numbers. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard’s, Inc. DDS is expected to register year-over-year declines in the top and bottom lines when it reports second-quarter fiscal 2022 numbers. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard’s, Inc. DDS is expected to register year-over-year declines in the top and bottom lines when it reports second-quarter fiscal 2022 numbers. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard’s, Inc. DDS is expected to register year-over-year declines in the top and bottom lines when it reports second-quarter fiscal 2022 numbers. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Dillard's, Inc. (DDS): Free Stock Analysis Report
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2c884f21-3d84-47ec-94d6-7a79b6f924ef
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719332.0
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2022-08-05 00:00:00 UTC
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7 Long-Term Stocks to Buy and Hold Until 2023
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https://www.nasdaq.com/articles/7-long-term-stocks-to-buy-and-hold-until-2023
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
The stock market is still in the process of absorbing the many macro concerns that have been top of mind so far in 2022. This may make investing in today’s environment frustrating. However, the best course of action may be to take advantage of the uncertainty and consider loading up on the best long-term stocks to buy and hold until 2023.
Why? The market may be on the verge of hitting a bottoming-out moment. In large part, this is due to a possible change in one factor that’s played a big role in the market’s selloff: rising interest rates. After raising rates to curb inflation, the Federal Reserve could next year lower rates to soften the blow of a recession.
Admittedly, it’s too early to say a rate cut next year is a given. A comeback for stocks could also take time to play out. Even so, now may be the time to scoop up high-quality names that continue to trade at very favorable valuations.
With that in mind, consider these seven long-term stocks to buy and hold until 2023. Each one earns an “A” rating in my Portfolio Grader.
Long-Term Stocks to Buy and Hold: Atkore Inc. (ATKR)
Source: Sinn P. Photography / Shutterstock.com
Based in Harvey, Illinois, Atkore (NYSE:ATKR) is a supplier of electrical infrastructure products. Unless you’re familiar with the industry, you might not know much about the various products this company manufactures.
But when it comes to ATKR stock, all you really need to know is that this is a high-quality business that in recent years has produced high amounts of cash flow. Better yet, at current prices, the market has heavily discounted likely future results.
Even as earnings per share, or EPS, is expected to fall next fiscal year, Atkore trades for just 7.2x estimated 2023 EPS of $12.77 per share. Given there’s a strong chance robust demand continues due to the big increase in infrastructure spending, the company stands to continue generating high earnings. As the market realizes these results are not a one-and-done event, this low-priced stock could gradually move toward a higher valuation.
This stock earns an “A” rating in my Portfolio Grader.
Dillard’s (DDS)
Source: JHVEPhoto/ShutterStock.com
Dillard’s (NYSE:DDS) is another situation where the market is overly skeptical about future earnings. The department store chain, which operates mainly in the Southern and Southwestern United States, saw a tremendous rise in its profitability during the pandemic recovery.
This resulted in an epic move higher for DDS stock. After briefly trading for less than $25 per share during the worst of the pandemic in 2020, by 2021, when the “reopening” was in full swing, it traded for as much as $400 per share. Since then, though, shares have pulled back considerably on inflation and recession worries.
So, with this sentiment shift, why is this one of the best long-term stocks to buy and hold? Between the possibility that a post-recovery drop in earnings is less dramatic than expected and the company’s aggressive share buyback plan (which will give EPS a lift), Dillard’s could re-hit its high-water mark in the coming years.
This stock earns an “A” rating in my Portfolio Grader.
Long-Term Stocks to Buy and Hold: Louisiana-Pacific (LPX)
Source: ARMMY PICCA/ShutterStock.com
Louisiana-Pacific (NYSE:LPX) is a well-known building products provider. Last year’s housing boom was a boon for shares, but so far this year, the stock has fallen by around 20%.
Given the sharp rise in interest rates has resulted in a housing market cooldown, reducing new construction activity, the recent performance of LPX stock is not surprising. However, trading for just 4.7x estimated 2022 earnings, it’s possible investors are overreacting, pushing shares to too low of a valuation.
Yes, building products is a cyclical business. As such, it makes sense for such a stock to command a relatively low earnings multiple. Still, a 4.7x multiple may be overdoing it — especially since the U.S.’s unresolved housing shortage suggests the current housing market downturn may be far less severe than prior downturns. Earnings over the next few years could come in much stronger than currently anticipated.
This stock earns an “A” rating in my Portfolio Grader.
Marathon Oil (MRO)
Source: Jonathan Weiss/shutterstock.com
If you’re bullish on energy prices remaining well above prior-year levels, Marathon Oil (NYSE:MRO) is still one of the best ways to make that wager. As I’ve discussed previously, this oil and gas exploration and production (E&P) company has a fairly simple bull case.
Assuming crude oil stabilizes after its recent dip, the company will continue to report high earnings and cash flow. In turn, management intends to return much of this cash back to shareholders, mainly with its big stock repurchase plan. It has bought back 11% of outstanding shares over the past ten months. Back in May, the company upped the total amount of Marathon shares it can buy back.
Not only does this put cash in the pocket of MRO stock investors. It will also help to boost EPS in future years. In turn, this is driving the energy stock’s next big move.
This stock earns an “A” rating in my Portfolio Grader.
Long-Term Stocks to Buy and Hold: New Residential Investment (NRZ)
Source: Vitalii Vodolazskyi / Shutterstock
It’s easy to infer New Residential Investment (NYSE:NRZ) is a real estate investment trust, or REIT. Yet while its name also implies it simply owns a portfolio of residential real estate properties, it’s more of a mortgage REIT. That is, it holds a portfolio of mortgage and mortgage-related securities.
While rising interest rates may create new challenges for mortgage REITs, NRZ stock so far has been able to hold steady. This makes sense, given the sell-side forecasts its earnings will go up in the coming year. A big factor that may be behind this rise in earnings growth is the REIT’s move to internalize its management.
Bringing management in-house will boost annual earnings for New Residential by 12 cents to 13 cents per share. Yielding 9.2% and trading at a low forward multiple of 6.8x to boot, now’s a good time to buy it.
This stock earns an “A” rating in my Portfolio Grader.
Nucor (NUE)
Source: Postmodern Studio / Shutterstock
2021 was a banner year for the steel industry. Earnings for major names zoomed due to the pandemic recovery, and Nucor (NYSE:NUE) was no exception. In 2021, it reported around $6.8 billion in earnings versus just $721.5 million in 2020.
Strong operating performance has carried on into 2022. Thanks to booming steel demand exacerbated by economic sanctions against Russia, earnings for NUE stock are expected to jump considerably. So, why have shares taken such a big dive since April? Blame it mostly on global recession worries.
Nevertheless, this is yet another situation where the market may be overestimating how much a recession will affect its future results. Not only that, as a “mini-mill” operator, this steelmaker has numerous cost and operational advantages compared to old-school steel producing peers. Already starting to recover, you may want to jump in.
This stock earns an “A” rating in my Portfolio Grader.
Long-Term Stocks to Buy and Hold: ZIM Integrated Shipping Services Ltd. (ZIM)
Source: ImagineStock / Shutterstock.com
ZIM Integrated Shipping Services (NYSE:ZIM) is a global operator of container ships. The supply chain crisis has been a tailwind for ZIM. Since 2020, it has seen its earnings surge many times over.
Again, like other stocks that have seen earnings windfalls from recent events, the market is skeptical. That’s why ZIM stock today trades at a staggeringly low valuation of just 1.1x this year’s estimated earnings (yes, you read that correctly.)
Sure, as the situation with shipping normalizes, earnings for ZIM Integrated could take a big hit. One analyst forecasts EPS will fall to just $6.10 per share next year. Even if that were to happen, such results wouldn’t be bad, given at present this stock trades for around $50 per share. Putting its earnings to work to grow the business, it is likely to continue reporting strong operating results.
This stock earns an “A” rating in my Portfolio Grader.
On the date of publication, Louis Navellier had a long position in ATKR, DDS, LPX, MRO, and NUE. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.
The post 7 Long-Term Stocks to Buy and Hold Until 2023 appeared first on InvestorPlace.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard’s (DDS) Source: JHVEPhoto/ShutterStock.com Dillard’s (NYSE:DDS) is another situation where the market is overly skeptical about future earnings. This resulted in an epic move higher for DDS stock. On the date of publication, Louis Navellier had a long position in ATKR, DDS, LPX, MRO, and NUE.
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Dillard’s (DDS) Source: JHVEPhoto/ShutterStock.com Dillard’s (NYSE:DDS) is another situation where the market is overly skeptical about future earnings. This resulted in an epic move higher for DDS stock. On the date of publication, Louis Navellier had a long position in ATKR, DDS, LPX, MRO, and NUE.
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Dillard’s (DDS) Source: JHVEPhoto/ShutterStock.com Dillard’s (NYSE:DDS) is another situation where the market is overly skeptical about future earnings. This resulted in an epic move higher for DDS stock. On the date of publication, Louis Navellier had a long position in ATKR, DDS, LPX, MRO, and NUE.
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Dillard’s (DDS) Source: JHVEPhoto/ShutterStock.com Dillard’s (NYSE:DDS) is another situation where the market is overly skeptical about future earnings. This resulted in an epic move higher for DDS stock. On the date of publication, Louis Navellier had a long position in ATKR, DDS, LPX, MRO, and NUE.
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719333.0
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2022-08-04 00:00:00 UTC
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Earnings Preview: Dillard's (DDS) Q2 Earnings Expected to Decline
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https://www.nasdaq.com/articles/earnings-preview%3A-dillards-dds-q2-earnings-expected-to-decline
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Dillard's (DDS) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended July 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus Estimate
This department store operator is expected to post quarterly earnings of $2.88 per share in its upcoming report, which represents a year-over-year change of -67.3%.
Revenues are expected to be $1.55 billion, down 1% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Dillard's?
For Dillard's, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +3.82%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Dillard's will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?
While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Dillard's would post earnings of $5.36 per share when it actually produced earnings of $13.37, delivering a surprise of +149.44%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Dillard's doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Dillard's (DDS) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended July 2022. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success.
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Dillard's (DDS) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended July 2022. While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success.
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Dillard's (DDS) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended July 2022. While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success.
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Dillard's (DDS) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended July 2022. While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success.
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a1994516-c9e6-4042-bd94-35c91b4e1e4c
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719334.0
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2022-07-31 00:00:00 UTC
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What Is Dillard's, Inc.'s (NYSE:DDS) Share Price Doing?
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DDS
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https://www.nasdaq.com/articles/what-is-dillards-inc.s-nyse%3Adds-share-price-doing
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Dillard's, Inc. (NYSE:DDS), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. As a well-established company, which tends to be well-covered by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. But what if there is still an opportunity to buy? Let’s examine Dillard's’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.
What Is Dillard's Worth?
Great news for investors – Dillard's is still trading at a fairly cheap price. My valuation model shows that the intrinsic value for the stock is $287.85, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low. Dillard's’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach its true value, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range.
What does the future of Dillard's look like?
NYSE:DDS Earnings and Revenue Growth July 31st 2022
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. Though in the case of Dillard's, it is expected to deliver a highly negative earnings growth in the next few years, which doesn’t help build up its investment thesis. It appears that risk of future uncertainty is high, at least in the near term.
What This Means For You
Are you a shareholder? Although DDS is currently undervalued, the negative outlook does bring on some uncertainty, which equates to higher risk. Consider whether you want to increase your portfolio exposure to DDS, or whether diversifying into another stock may be a better move for your total risk and return.
Are you a potential investor? If you’ve been keeping an eye on DDS for a while, but hesitant on making the leap, I recommend you dig deeper into the stock. Given its current undervaluation, now is a great time to make a decision. But keep in mind the risks that come with negative growth prospects in the future.
If you'd like to know more about Dillard's as a business, it's important to be aware of any risks it's facing. For example, we've found that Dillard's has 2 warning signs (1 makes us a bit uncomfortable!) that deserve your attention before going any further with your analysis.
If you are no longer interested in Dillard's, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc. (NYSE:DDS), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. NYSE:DDS Earnings and Revenue Growth July 31st 2022 Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although DDS is currently undervalued, the negative outlook does bring on some uncertainty, which equates to higher risk.
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NYSE:DDS Earnings and Revenue Growth July 31st 2022 Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Dillard's, Inc. (NYSE:DDS), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. Although DDS is currently undervalued, the negative outlook does bring on some uncertainty, which equates to higher risk.
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Dillard's, Inc. (NYSE:DDS), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. NYSE:DDS Earnings and Revenue Growth July 31st 2022 Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although DDS is currently undervalued, the negative outlook does bring on some uncertainty, which equates to higher risk.
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NYSE:DDS Earnings and Revenue Growth July 31st 2022 Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Dillard's, Inc. (NYSE:DDS), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. Although DDS is currently undervalued, the negative outlook does bring on some uncertainty, which equates to higher risk.
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8db96a92-3233-46ce-bf2f-8e8cf872eca7
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719335.0
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2022-07-08 00:00:00 UTC
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Gap (GPS) to Open 2 Athleta Stores as Part of Its Growth Strategy
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DDS
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https://www.nasdaq.com/articles/gap-gps-to-open-2-athleta-stores-as-part-of-its-growth-strategy
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nan
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nan
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The Gap, Inc.’s GPS Athleta brand is set to open two outlet stores as part of its long-term growth strategy. These stores will be operational at Chicago Premium Outlets in Illinois in summer and at Leesburg Premium Outlets in Virginia this fall. This move is in sync with the brand’s plans to open 30-40 new stores in fiscal 2022. The new outlet stores are designed differently from its traditional outlet and clearance store models in order to attract new customers and help increase brand awareness.
The stores come with curated assortments of Athleta’s premium performance and lifestyle products, including Salutation Stash Tight, Momentum Seamless Tank and Conscious Crop. Customers will also be offered existing Athleta styles.
Earlier in June, the Athleta brand had revealed plans to add four stores in Canada by the end of fiscal 2022. Canada is a key market for Athleta, where it operates more than 250 stores. Driven by this, the brand’s new customer acquisition goal exceeded expectations by more than 40% in the first quarter of fiscal 2022.
That said, Athleta has been long serving as a major growth driver for Gap. The brand’s values-driven active and lifestyle categories, increased digital marketing investments, and focus on product strategy have been aiding sales. In first-quarter fiscal 2022, net sales jumped 4% for the Athleta brand, driven by increased awareness, along with strength in women’s active and wellness category. The metric also surged more than 60% on a two-year basis.
Increased focus on performance active as well as active lifestyle products to capitalize on the evolving shopping trends also bodes well. It has also emerged as one of the fastest-growing women's athleisure brands in North America. Driven by these factors, Athleta remains on track to reach $2 billion in net sales by fiscal 2023.
The company remains on track with its Power Plan 2023, which focuses on opening highly profitable Old Navy and Athleta stores, while closing the underperforming Gap and Banana Republic stores. As part of the plan, the company expects the Old Navy and Athleta brands to contribute 70% of sales by 2023.
In sync with its fleet-optimization efforts under the Power Plan 2023, the company aims to close 50-60 Gap and Banana Republic stores in North America in fiscal 2022. With the closing of the underperforming Gap and Banana Republic stores, it expects to realize $100 million in EBITDA savings annually by 2023 end. Also, the company expects its e-commerce business to contribute 50% of sales by the end of 2023.
However, this Zacks Rank #5 (Strong Sell) stock is reeling under industry-wide challenges as well as headwinds in its Old Navy brand, including issues related to the launch of BODEQUALITY. Also, lower-than-anticipated demand in key categories like active, fleece, and kids and baby dented first-quarter fiscal 2022 performance. Net sales declined 13% year over year to $3,477 million. Comparable sales (comps) slumped 14% on a year-over-year basis.
The company’s loss of 44 cents compares unfavorably with earnings of 48 cents in first-quarter fiscal 2021. This was mainly due to weak margins. Huge discounts at Old Navy and rising commodity price increases acted as deterrents.
Also, longer transit times, more delays, pack-and-hold strategies, and elevated AUC and input costs remain concerning. Inventory is likely to remain high in the fiscal second quarter as well.
Management slashed the fiscal 2022 view due to headwinds at the Old Navy brand, the current macro consumer environment, inflationary pressures and sluggishness in China. It expects adjusted earnings of 30-60 cents per share, down from the prior-mentioned $1.85-$2.05. Sales are anticipated to decline in the low to mid-single-digit range, which compares unfavorably with the earlier stated low-single-digit growth.
The adjusted operating margin is likely to be 1.5-2.5%, down from the previously communicated 6-6.5%. The company anticipates continued elevated air freight expenses for fiscal 2022, with $170 million incurred in the first quarter and $50 million to be incurred in the second quarter.
Image Source: Zacks Investment Research
We note that the GPS stock plunged 49.7% year to date compared with industry’s decline of 45.9%.
Stocks to Consider
Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS.
Dillard’s operates as a departmental store chain, featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently has a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 25.2%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Canada Goose is the designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. It currently carries a Zacks Rank #2. GOOS has a trailing four-quarter earnings surprise of 65.9%, on average.
The Zacks Consensus Estimate for Canada Goose’s current financial year’s EPS suggests growth of 64.4% from the year-ago period’s reported figures. GOOS has an expected EPS growth rate of 27.4% for three-five years.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Gap, Inc. (GPS): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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5ccbe691-9572-4950-aa93-cc8c2639daa3
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719336.0
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2022-07-07 00:00:00 UTC
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Gap (GPS), Reliance Retail Partner to Woo Customers in India
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DDS
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https://www.nasdaq.com/articles/gap-gps-reliance-retail-partner-to-woo-customers-in-india
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nan
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Gap Inc. GPS is making another attempt to tap the India market via a new franchise agreement with Reliance Retail. The deal makes Reliance Retail the official retailer for Gap across all channels in India. Customers will now be able to avail of Gap’s latest offerings in exclusive Reliance stores, multi-brand store expressions and online platforms.
The move will help Gap strengthen its position as a leading casual lifestyle brand. Also, Reliance Retail’s robust omni-channel retail networks, as well as local manufacturing and sourcing efficiencies, will help Gap expand its base across the key international markets.
Previously, Gap tried to attract customers in India by collaborating with Arvind Fashions in 2020. However, the deal was terminated later as the COVID-led lockdowns resulted in drab traffic across stores and malls.
What Else Should You Know?
Gap has long been gaining from the continued momentum across its Athleta brand. The Athleta brand’s value-driven active and lifestyle categories, increased digital marketing investments, and focus on product strategy have been aiding sales.
In first-quarter fiscal 2022, net sales jumped 4% for the Athleta brand, driven by increased awareness, along with strength in women’s active and wellness category. The metric also surged more than 60% on a two-year basis.
Increased focus on performance active as well as active lifestyle products to capitalize on the evolving shopping trends bodes well. It has also emerged as one of the fastest-growing women's athleisure brands in North America. Driven by these factors, Athleta remains on track to reach $2 billion in net sales by fiscal 2023.
The company remains on track with its Power Plan 2023, which focuses on opening highly profitable Old Navy and Athleta stores, while closing the underperforming Gap and Banana Republic stores. As part of the plan, the company expects the Old Navy and Athleta brands to contribute 70% to sales by 2023.
In sync with its fleet-optimization efforts under the Power Plan 2023, the company aims to close 50-60 Gap and Banana Republic stores in North America in fiscal 2022. With the closing of underperforming Gap and Banana Republic stores, it expects to realize $100 million in EBITDA savings annually by 2023-end. Also, the company expects the e-commerce business to contribute 50% to sales by the end of 2023.
However, the Zacks Rank #5 (Strong Sell) company is reeling under industry-wide challenges as well as headwinds in its Old Navy brand, including issues related to the launch of BODEQUALITY. Also, lower-than-anticipated demand in key categories like active, fleece, and kids and baby dented the first-quarter fiscal 2022 results.
Net sales declined 13% year over year to $3,477 million. Comparable sales (comps) slumped 14% on a year-over-year basis. The company reported a loss of 44 cents in first-quarter fiscal 2022 against earnings of 48 cents in first-quarter fiscal 2021. This was mainly due to weak margins. Huge discounts at Old Navy and rising commodity price increases acted as deterrents.
Also, longer transit times, more delays, pack-and-hold strategies, and elevated AUC and input costs remain concerning. Inventory is likely to remain high in the fiscal second quarter as well.
Management slashed the fiscal 2022 view due to headwinds at the Old Navy brand, the current macro consumer environment, inflationary pressures and sluggishness in China. It expects adjusted earnings of 30-60 cents, down from the prior mentioned $1.85-$2.05. Sales are anticipated to decline in the low to mid-single-digit range, which compares unfavorably with earlier stated low-single-digit growth.
The adjusted operating margin is likely to be 1.5-2.5%, down from the previously communicated 6-6.5%. The company anticipates continued elevated air freight expenses for fiscal 2022, with $170 million incurred in the first quarter and $50 million to be incurred in the second quarter.
Image Source: Zacks Investment Research
We note that the GPS stock has plunged 51.4% year to date compared with the industry’s decline of 44.7%.
Stocks to Consider
Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS.
Dillard’s operates as a departmental store chain, featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently has a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 25.2%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial year’s sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Canada Goose is the designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. It currently carries a Zacks Rank #2. GOOS has a trailing four-quarter earnings surprise of 65.9%, on average.
The Zacks Consensus Estimate for Canada Goose’s current financial year’s EPS suggests growth of 64.4% from the year-ago period’s reported figures. GOOS has an expected EPS growth rate of 27.4% for three-five years.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Gap, Inc. (GPS): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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ac7a6812-0e89-4057-b866-d2d2c654c1d3
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719337.0
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2022-07-07 00:00:00 UTC
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Zacks.com featured highlights include Dillard, Antero Resources, and Delek US Holdings
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DDS
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-include-dillard-antero-resources-and-delek-us-holdings
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For Immediate Release
Chicago, IL – July 7, 2022 – Stocks in this week’s article are Dillard's, Inc. DDS, Antero Resources Corp. AR and Delek US Holdings, Inc. DK.
3 Stocks with Momentum Anomalies to Buy Amid Downturn Concerns
High inflationary pressures continue to haunt the equity markets, with the first half of the year witnessing one of the most brutal performances in recent times, fueling concerns regarding recession later this year. With uncertainty triggering intense volatility, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks when value or growth investing fails to generate the desired profits.
This approach primarily tends to follow the adage, "the trend is your friend." At its core, momentum investing is "buying high and selling higher." It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. But before we delve deep into it, let us try to fathom why the momentum strategy works.
There are several behavioral biases that most investors exhibit in their decision-making. And these emotional responses, or rather mistakes, are the very reason that makes momentum strategy work.
For example, some investors are anxious about booking losses and hence hold on to losing stocks for too long, hopeful of a rebound in prices. On the other hand, a few investors sell their winners way too early. Momentum investing is one of the best strategies to avoid making such errors in judgment.
Furthermore, investors initially tend to underreact to news, events or data releases. However, once things become clear, they have a habit of going with the flow and overreacting, causing dramatic price reactions. These behavioral problems extend trends, thus opening up huge opportunities for momentum players.
To sum up, momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again.
In this context, stocks like Dillard's, Inc., Antero Resources Corp. and Delek US Holdings, Inc. are worth betting on.
Momentum strategies have been known to be alpha-generative over a long period and across market stages. So, this strategy is quite tricky to implement, as detecting these trends is no child's play.
Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from both long-term price momentum and a short-term pullback in price.
Here are the three of the five stocks that made it through this screen:
Based in Little Rock, AR, Dillard's Inc. is a large departmental store chain featuring fashion apparel and home furnishings. The company's primary product categories comprise women's and children's apparel, shoes, accessories and lingerie, men's clothing and accessories, cosmetics, home and children's clothing. Its merchandise mix consists of both branded and private-label items. Dillard's has gained 18.7% in the past year but declined 9.9% in the past week. It has a long-term earnings growth expectation of 14.6%.
Headquartered in Denver, CO, Antero Resources Corp. is an independent explorer, primarily engaged in the acquisition and development of natural gas, natural gas liquids and oil resources in the Appalachian Basin. It is one of the fastest growing natural gas producers in the United States and primarily focuses on unconventional reservoirs. The stock has rallied 109.1% in the past year but declined 12.7% in the past week. It has a Momentum Score of A.
Brentwood, TN-based Delek US Holdings, Inc. is an independent refiner, transporter and marketer of petroleum products. Its refineries are operational in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana, with a combined nameplate crude throughput capacity of 302,000 barrels per day. The stock has appreciated 30.6% in the past year but declined 8.1% in the past week. It has a Momentum Score of A and a long-term earnings growth expectation of 22.2%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1948519/3-stocks-with-momentum-anomaly-to-buy-amid-downturn-concerns
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Delek US Holdings, Inc. (DK): Free Stock Analysis Report
Antero Resources Corporation (AR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL – July 7, 2022 – Stocks in this week’s article are Dillard's, Inc. DDS, Antero Resources Corp. AR and Delek US Holdings, Inc. DK. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are the three of the five stocks that made it through this screen: Based in Little Rock, AR, Dillard's Inc. is a large departmental store chain featuring fashion apparel and home furnishings.
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For Immediate Release Chicago, IL – July 7, 2022 – Stocks in this week’s article are Dillard's, Inc. DDS, Antero Resources Corp. AR and Delek US Holdings, Inc. DK. Dillard's, Inc. (DDS): Free Stock Analysis Report For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1948519/3-stocks-with-momentum-anomaly-to-buy-amid-downturn-concerns Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
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For Immediate Release Chicago, IL – July 7, 2022 – Stocks in this week’s article are Dillard's, Inc. DDS, Antero Resources Corp. AR and Delek US Holdings, Inc. DK. Dillard's, Inc. (DDS): Free Stock Analysis Report For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1948519/3-stocks-with-momentum-anomaly-to-buy-amid-downturn-concerns Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
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For Immediate Release Chicago, IL – July 7, 2022 – Stocks in this week’s article are Dillard's, Inc. DDS, Antero Resources Corp. AR and Delek US Holdings, Inc. DK. Dillard's, Inc. (DDS): Free Stock Analysis Report Our screen will help you benefit from both long-term price momentum and a short-term pullback in price.
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0ecc8abb-4ca3-433a-8f62-76006b43f2b9
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719338.0
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2022-07-06 00:00:00 UTC
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3 Stocks With Momentum Anomaly to Buy Amid Downturn Concerns
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DDS
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https://www.nasdaq.com/articles/3-stocks-with-momentum-anomaly-to-buy-amid-downturn-concerns
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nan
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nan
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High inflationary pressures continue to haunt the equity markets, with the first half of the year witnessing one of the most brutal performances in recent times, fueling concerns regarding recession later this year. With uncertainty triggering intense volatility, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks when value or growth investing fails to generate the desired profits.
This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. But before we delve deep into it, let us try to fathom why does the momentum strategy at all work?
There are several behavioral biases that most investors exhibit in their decision-making. And these emotional responses, or rather mistakes, are the very reason that makes momentum strategy work.
For example, some investors are anxious about booking losses and hence hold on to losing stocks for too long, hopeful of a rebound in prices. On the other hand, a few investors sell their winners way too early. Momentum investing is one of the best strategies to avoid making such errors in judgment.
Furthermore, investors initially tend to underreact to news, events or data releases. However, once things become clear, they have a habit of going with the flow and overreacting, causing dramatic price reactions. These behavioral problems extend trends, thus opening up huge opportunities for momentum players.
To sum up, momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again.
In this context, stocks like Dillard's, Inc. DDS, Antero Resources Corporation AR and Delek US Holdings, Inc. DK are worth betting on.
Momentum strategies have been known to be alpha-generative over a long period and across market stages. So, this strategy is quite tricky to implement, as detecting these trends is no child’s play.
Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from both long-term price momentum and a short-term pullback in price.
Screening Parameters
Percentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get the best stocks that have appreciated steadily over the past year.
Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period. This parameter picks the ones that have witnessed a short-term pullback in price.
Zacks Rank #1: Stocks sporting a Zacks Rank #1 (Strong Buy) have a proven history of outperformance irrespective of the market conditions. You can see the complete list of today’s Zacks #1 Rank stocks here.
Momentum Style Score of B or Better: A top Momentum Style Score knocks out a lot of the screening process as it takes into account several factors that include volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), handily outperform other stocks.
Current Price greater than $5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure the stability of price.
Average 20-Day Volume greater than 100,000: A substantial trading volume ensures that these stocks are easily tradable.
Here are the three of the five stocks that made it through this screen:
Based in Little Rock, AR, Dillard’s Inc. is a large departmental store chain featuring fashion apparel and home furnishings. The company’s primary product categories comprise women’s and children’s apparel, shoes, accessories and lingerie, men’s clothing and accessories, cosmetics, home and children’s clothing. Its merchandise mix consists of both branded and private-label items. Dillard’s has gained 18.7% in the past year but declined 9.9% in the past week. It has a long-term earnings growth expectation of 14.6%.
Headquartered in Denver, CO, Antero Resources Corporation is an independent explorer, primarily engaged in the acquisition and development of natural gas, natural gas liquids and oil resources in the Appalachian Basin. It is one of the fastest growing natural gas producers in the United States and primarily focuses on unconventional reservoirs. The stock has rallied 109.1% in the past year but declined 12.7% in the past week. It has a Momentum Score of A.
Brentwood, TN-based Delek US Holdings, Inc. is an independent refiner, transporter and marketer of petroleum products. Its refineries are operational in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana, with a combined nameplate crude throughput capacity of 302,000 barrels per day. The stock has appreciated 30.6% in the past year but declined 8.1% in the past week. It has a Momentum Score of A and a long-term earnings growth expectation of 22.2%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Delek US Holdings, Inc. (DK): Free Stock Analysis Report
Antero Resources Corporation (AR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In this context, stocks like Dillard's, Inc. DDS, Antero Resources Corporation AR and Delek US Holdings, Inc. DK are worth betting on. Dillard's, Inc. (DDS): Free Stock Analysis Report With uncertainty triggering intense volatility, investors often seek to employ time-tested winning strategies to fetch sustained profits.
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In this context, stocks like Dillard's, Inc. DDS, Antero Resources Corporation AR and Delek US Holdings, Inc. DK are worth betting on. Dillard's, Inc. (DDS): Free Stock Analysis Report Screening Parameters Percentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks.
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In this context, stocks like Dillard's, Inc. DDS, Antero Resources Corporation AR and Delek US Holdings, Inc. DK are worth betting on. Dillard's, Inc. (DDS): Free Stock Analysis Report This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it.
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In this context, stocks like Dillard's, Inc. DDS, Antero Resources Corporation AR and Delek US Holdings, Inc. DK are worth betting on. Dillard's, Inc. (DDS): Free Stock Analysis Report This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it.
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1d9e5123-c54a-4da3-82eb-d76f70222f1a
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719339.0
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2022-07-05 00:00:00 UTC
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Notable Tuesday Option Activity: DDS, MHO, CRWD
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DDS
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https://www.nasdaq.com/articles/notable-tuesday-option-activity%3A-dds-mho-crwd
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nan
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nan
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Dillard's Inc. (Symbol: DDS), where a total volume of 1,465 contracts has been traded thus far today, a contract volume which is representative of approximately 146,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68.3% of DDS's average daily trading volume over the past month, of 214,570 shares. Especially high volume was seen for the $170 strike call option expiring August 19, 2022, with 300 contracts trading so far today, representing approximately 30,000 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $170 strike highlighted in orange:
M/I Homes Inc (Symbol: MHO) options are showing a volume of 2,101 contracts thus far today. That number of contracts represents approximately 210,100 underlying shares, working out to a sizeable 68.2% of MHO's average daily trading volume over the past month, of 308,170 shares. Particularly high volume was seen for the $50 strike call option expiring July 15, 2022, with 2,044 contracts trading so far today, representing approximately 204,400 underlying shares of MHO. Below is a chart showing MHO's trailing twelve month trading history, with the $50 strike highlighted in orange:
And CrowdStrike Holdings Inc (Symbol: CRWD) saw options trading volume of 29,533 contracts, representing approximately 3.0 million underlying shares or approximately 68.1% of CRWD's average daily trading volume over the past month, of 4.3 million shares. Especially high volume was seen for the $190 strike call option expiring July 08, 2022, with 2,953 contracts trading so far today, representing approximately 295,300 underlying shares of CRWD. Below is a chart showing CRWD's trailing twelve month trading history, with the $190 strike highlighted in orange:
For the various different available expirations for DDS options, MHO options, or CRWD options, visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Especially high volume was seen for the $170 strike call option expiring August 19, 2022, with 300 contracts trading so far today, representing approximately 30,000 underlying shares of DDS. Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Dillard's Inc. (Symbol: DDS), where a total volume of 1,465 contracts has been traded thus far today, a contract volume which is representative of approximately 146,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68.3% of DDS's average daily trading volume over the past month, of 214,570 shares.
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Below is a chart showing DDS's trailing twelve month trading history, with the $170 strike highlighted in orange: M/I Homes Inc (Symbol: MHO) options are showing a volume of 2,101 contracts thus far today. Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Dillard's Inc. (Symbol: DDS), where a total volume of 1,465 contracts has been traded thus far today, a contract volume which is representative of approximately 146,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68.3% of DDS's average daily trading volume over the past month, of 214,570 shares.
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Dillard's Inc. (Symbol: DDS), where a total volume of 1,465 contracts has been traded thus far today, a contract volume which is representative of approximately 146,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68.3% of DDS's average daily trading volume over the past month, of 214,570 shares. Especially high volume was seen for the $170 strike call option expiring August 19, 2022, with 300 contracts trading so far today, representing approximately 30,000 underlying shares of DDS.
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Dillard's Inc. (Symbol: DDS), where a total volume of 1,465 contracts has been traded thus far today, a contract volume which is representative of approximately 146,500 underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing CRWD's trailing twelve month trading history, with the $190 strike highlighted in orange: For the various different available expirations for DDS options, MHO options, or CRWD options, visit StockOptionsChannel.com. That number works out to 68.3% of DDS's average daily trading volume over the past month, of 214,570 shares.
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c3860ab2-26ac-4ca3-8293-a6657cf3c312
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719340.0
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2022-07-04 00:00:00 UTC
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Kohl's (KSS) Stock Crashes on Strategic Review Update, View Cut
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https://www.nasdaq.com/articles/kohls-kss-stock-crashes-on-strategic-review-update-view-cut
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Shares of Kohl's Corporation KSS plunged 19.6% on Jul 1 as the company decided to end its strategic review process with Franchise Group, Inc. FRG after concluding the negotiating period with the same. However, management at Kohl’s is presently reviewing other options to unlock shareholder returns.
Last month, Kohl’s unveiled that its board of directors entered into exclusive negotiations with Franchise Group, a holding company of a collection of market-leading and emerging brands, for the potential sale of the former for $60 per share. Despite solid efforts from both KSS and FRG, the latter decided not to pursue the deal due to the existing retail and financial landscape. Kohl’s stated that given the market volatility and the current scenario, it was not wise to continue with the agreement.
That said, due to its healthy financial status, the company reiterated its commitment to undertaking an accelerated share buyback plan of $500 million after its second-quarter fiscal 2022 earnings release. This forms part of the company’s previously unveiled repurchase authorization of $3 billion.
Update in Q2 Trends
Kohl’s, which presently carries a Zacks Rank #5 (Strong Sell), is witnessing soft consumer spending patterns due to the increased inflationary pressure. Consequently, management now anticipates net sales in the second quarter to be down in the high single digits compared with the low-single-digit decline projected earlier.
Image Source: Zacks Investment Research
Transformation Strategy on Track
Kohl’s is undertaking core initiatives to scale and boost growth in the years to come. This includes strengthening alliances like Sephora at Kohl’s, which is likely to expand to 850 stores by 2023-end. The company is on track to generate annual omnichannel sales of $2 billion by 2025. Apart from this, KSS intends to open more than 100 smaller-format stores over the next four years, which are expected to drive the annual sales opportunity of more than $500 million.
The company also plans to keep expanding its digital business, with 40% of the digital orders presently fulfilled by stores. Kohl’s is rolling out the Self-Serve Buy Online, Pick Up In-Store facility across all stores in 2022, and it continues to test self-serve returns and check-out, thereby enhancing customers’ experiences.
What’s Hurting KSS?
In the first quarter of fiscal 2022, Kohl's gross margin contracted from 39% to 38.3%, mainly due to escalated freight costs. Further, the company’s SG&A expenses have been rising year over year. In the first quarter, Kohl’s SG&A expenses increased 10.5% to $1,293 million due to investments in the company’s core strategic efforts, such as the support associated with Sephora store opening and refreshes, along with high wages and transportation costs. As a percentage of the total revenues, SG&A expenses expanded 470 basis points (bps) to 34.8%. The company reported an operating income of $82 million, lower than the year-ago quarter’s figure of $273 million.
Management expects SG&A costs to remain high by the mid-to-high single digits in the second quarter and increase in the low single digits for the full year. Apart from this, supply-chain hiccups remain a deterrent. The gross margin is likely to decline 100-125 bps in the full year due to freight and product cost inflation.
Shares of KSS have slumped 51.5% in the past three months compared with the industry’s decline of 35.4%.
Solid Retail Bets
Here are some better-ranked stocks – Dillard's, Inc. DDS and Dollar Tree DLTR.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected earnings per share (EPS) growth rate of 14.6% for three to five years.
Dollar Tree, a discount variety retail store operator, sports a Zacks Rank #1. The company has an expected EPS growth rate of 15.5% for three to five years.
The Zacks Consensus Estimate for Dollar Tree’s current financial-year sales suggests growth of 6.7% from the year-ago period. DLTR has a trailing four-quarter earnings surprise of 13.1%, on average.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Kohl's Corporation (KSS): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
Franchise Group, Inc. (FRG): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Solid Retail Bets Here are some better-ranked stocks – Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected earnings per share (EPS) growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Solid Retail Bets Here are some better-ranked stocks – Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected earnings per share (EPS) growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Solid Retail Bets Here are some better-ranked stocks – Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected earnings per share (EPS) growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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DDS has an expected earnings per share (EPS) growth rate of 14.6% for three to five years. Solid Retail Bets Here are some better-ranked stocks – Dillard's, Inc. DDS and Dollar Tree DLTR. Dillard's, Inc. (DDS): Free Stock Analysis Report
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e578c815-cac9-4b58-bde0-0933e9c8e345
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719341.0
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2022-06-30 00:00:00 UTC
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Walmart's (WMT) Memomi Buyout to Fuel Health & Wellness Mission
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https://www.nasdaq.com/articles/walmarts-wmt-memomi-buyout-to-fuel-health-wellness-mission
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Walmart Inc. WMT is committed to enhancing its virtual reality technology to transform the retail experience for its customers and members. The retail behemoth signed an agreement to acquire Memomi — an augmented reality (AR) optical tech company. The move is in sync with Walmart’s efforts to boost frictionless and omnichannel optical care. Management expects to conclude the acquisition in the coming weeks.
Memomi provides technology to help customers "try on" eyewear virtually in real-time for a convenient and quick omnichannel experience. Management highlighted that, Memomi has aided digital measurements for Walmart and Sam’s Optical customers in over 2,800 Walmart Vision Centers and 550 Sam’s Clubs since 2019. Memomi also supported the Optical e-commerce experience on SamsClub.com since that time.
The latest move to acquire Memomi will further help Walmart in offering personalized and economic access to optical care. The envisioned buyout will accelerate WMT’s Health & Wellness mission to provide integrated omnichannel healthcare while leveraging data and technology to enhance outcomes, engagement and health equity.
Image Source: Zacks Investment Research
Robust E-Commerce Initiatives
Walmart’s e-commerce business and omni-channel penetration have been increasing. From fiscal 2021 beginning till fiscal 2022 end, the company’s digital sales, as a percentage of sales, increased from 6% to 13%. The company has taken several e-commerce initiatives, including buyouts, alliances, and improved delivery and payment systems. The company is innovating in the supply chain, adding capacity and building businesses such as Walmart GoLocal, Walmart Connect, Walmart Luminate, Walmart+, Spark Delivery, Marketplace, and Walmart Fulfillment Services. U.S. e-commerce sales rose 1% in the first quarter and soared 38% on a two-year stack basis. The company is witnessing rapid growth in advertising income. At Sam’s Club, e-commerce sales jumped 22% due to a robust direct-to-home show and solid curbside performance. In the International segment, e-commerce sales advanced by 22% on a constant-currency basis. Additionally, Walmart is aggressivelyexpanding in the booming online grocery space, which has long been a major contributor to e-commerce sales.
Wrapping Up
The industry is currently grappling with supply-chain bottlenecks and Walmart is not fully immune to these headwinds. The Zacks Rank #5 (Strong Sell) company posted soft first-quarter fiscal 2023 earnings as it battled supply-chain bottlenecks, escalated costs and persistently elevated inflation. The company’s consolidated gross profit margin contracted by 87 basis points (bps), primarily due to Sam’s Club, wherein the gross margin fell 219 bps. This was attributable to supply-chain costs, a fuel mix, inflation and markdowns stemming from the delayed inventory. Management expects the gross margin to remain under pressure in the second quarter, though it will likely improve sequentially.
WMT’s stock has declined 15.7% in the past six months compared with the industry’s 13.3% fall.
3 Solid Retail Picks
Here are some better-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR.
Kroger, a renowned grocery retailer, sports a Zacks Rank #1 (Strong Buy). Kroger has a trailing four-quarter earnings surprise of 20.3%, on average. KR has an expected EPS growth rate of 11.3% for three to five years. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Kroger’s current financial-year sales and earnings per share suggests growth of 6.7% and 6.3%, respectively, from the year-ago period.
Dillard's, which operates retail department stores, sports a Zacks Rank #1. DDS has a trailing four-quarter earnings surprise of 224.1%, on average.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Dollar Tree, a discount variety retail store operator, sports a Zacks Rank #1. DLTR has an expected EPS growth rate of 15.5% for three to five years.
The Zacks Consensus Estimate for Dollar Tree’s current financial-year sales suggests growth of 6.7% from the year-ago period. DLTR has a trailing four-quarter earnings surprise of 13.1%, on average.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Walmart Inc. (WMT): Free Stock Analysis Report
Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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3 Solid Retail Picks Here are some better-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 14.6% for three to five years.
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3 Solid Retail Picks Here are some better-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 14.6% for three to five years.
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3 Solid Retail Picks Here are some better-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 14.6% for three to five years.
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3 Solid Retail Picks Here are some better-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 14.6% for three to five years.
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972fb3b1-730c-4d79-9f42-463c61121938
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719342.0
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2022-06-30 00:00:00 UTC
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Dillard's Enters Oversold Territory
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https://www.nasdaq.com/articles/dillards-enters-oversold-territory
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The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Dillard's Inc. (Symbol: DDS) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
But making Dillard's Inc. an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of DDS entered into oversold territory, changing hands as low as $221.255 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Dillard's Inc., the RSI reading has hit 29.7 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 44.3. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, DDS's recent annualized dividend of 0.8/share (currently paid in quarterly installments) works out to an annual yield of 0.34% based upon the recent $238.03 share price.
A bullish investor could look at DDS's 29.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DDS is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
Click here to find out what 9 other oversold dividend stocks you need to know about »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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A bullish investor could look at DDS's 29.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Dillard's Inc. (Symbol: DDS) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Dillard's Inc. an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of DDS entered into oversold territory, changing hands as low as $221.255 per share.
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Indeed, DDS's recent annualized dividend of 0.8/share (currently paid in quarterly installments) works out to an annual yield of 0.34% based upon the recent $238.03 share price. Dillard's Inc. (Symbol: DDS) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Dillard's Inc. an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of DDS entered into oversold territory, changing hands as low as $221.255 per share.
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Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DDS is its dividend history. Dillard's Inc. (Symbol: DDS) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Dillard's Inc. an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of DDS entered into oversold territory, changing hands as low as $221.255 per share.
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Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DDS is its dividend history. Dillard's Inc. (Symbol: DDS) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Dillard's Inc. an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of DDS entered into oversold territory, changing hands as low as $221.255 per share.
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719343.0
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2022-06-29 00:00:00 UTC
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Are Options Traders Betting on a Big Move in Dillard's (DDS) Stock?
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https://www.nasdaq.com/articles/are-options-traders-betting-on-a-big-move-in-dillards-dds-stock
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Investors in Dillard's, Inc. DDS need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 20, 2023 $70.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Dillard's shares, but what is the fundamental picture for the company? Currently, Dillard's is a Zacks Rank #1 (Strong Buy) in the Retail - Regional Department Stores industry that ranks in the Top 43% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimates for the current quarter, while none have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.63 per share to $3.20 in that period.
Given the way analysts feel about Dillard's right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Looking to Trade Options?
Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors in Dillard's, Inc. DDS need to pay close attention to the stock based on moves in the options market lately. Dillard's, Inc. (DDS): Free Stock Analysis Report Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Dillard's, Inc. (DDS): Free Stock Analysis Report Investors in Dillard's, Inc. DDS need to pay close attention to the stock based on moves in the options market lately. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in Dillard's, Inc. DDS need to pay close attention to the stock based on moves in the options market lately. Dillard's, Inc. (DDS): Free Stock Analysis Report Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in Dillard's, Inc. DDS need to pay close attention to the stock based on moves in the options market lately. Dillard's, Inc. (DDS): Free Stock Analysis Report However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
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5893d86f-f82e-468e-924b-d4ddacca2d5d
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719344.0
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2022-06-29 00:00:00 UTC
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Zacks.com featured highlights include Dillard, Avis Budget Group, Wyndham Hotels & Resorts, and American International Group
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DDS
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-include-dillard-avis-budget-group-wyndham-hotels-resorts-and
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For Immediate Release
Chicago, IL – June 29, 2022 – Stocks in this week’s article are Dillard's, Inc. DDS, Avis Budget Group, Inc. CAR, Wyndham Hotels & Resorts, Inc. WH, and American International Group, Inc. AIG.
4 Stocks That Boast Impressive Interest Coverage Ratio
Addressing rising commodity prices is of top priority for the Federal Reserve, and it is treading the path of a rate hike to tame the same. We note that the consumer price index rose 1% month on month in May, following an increase of 0.3% in April.
On a year-over-year basis, the metric rose 8.6% — the fastest pace since December 1981. This jump was led by higher gasoline and food grain prices, primarily due to the conflict between Russia and Ukraine.
At present, investors should gauge the changing market dynamics and accordingly chalk out a sturdy investment strategy. We often judge a company on the basis of its sales and earnings. These, however, may not be enough.
Sometimes, a stock gets a boost if these numbers climb year over year or surpass estimates in a particular quarter, thus offering a great opportunity for an investor with a shorter horizon to cash in on. But if you seek long-term returns, investments backed only by sales and earnings numbers may not yield the desired results.
A critical analysis of a company's financial background is a prerequisite for an informed investment decision. Here, coverage ratios that determine whether a company is sound enough to meet its financial obligations play a crucial role. The higher the ratio, the better. The focus of this article is on "Interest Coverage," which is one such ratio.
Interest Coverage Ratio = Earnings before Interest & Taxes (EBIT) divided by Interest Expense.
Why Interest Coverage Ratio?
Interest Coverage Ratio is used to determine how effectively a company can pay the interest charges on its debt.
Debt, which is crucial for most of the companies to finance operations, comes at a cost called interest. Interest expense has a direct bearing on the profitability of a company and its creditworthiness depends on how effectively it meets interest obligations.
Therefore, Interest Coverage Ratio is one of the important criteria to factor in before making any investment decision.
Interest coverage ratio suggests the number of times the interest could be paid from earnings and gauges the margin of safety a firm carries for paying interest.
An interest coverage ratio lower than 1.0 implies that the company is unable to fulfill its interest obligations and could default on repaying debt. A company that is capable of generating earnings well above its interest expense can withstand financial hardships. Definitely, one should also track the company's past performance to determine whether the interest coverage ratio has improved or worsened over a period of time.
Here are four of the 11 stocks that qualified the screening:
Dillard's, Inc. which operates retail department stores, has a Zacks Rank #1 and a VGM Score of A. Its expected EPS growth rate for three-five years is 14.6%. You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial year sales suggests growth of 6.1% from the year-ago period. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. The stock has zoomed 42.9% in the past year.
Avis Budget Group, Inc., a leading global provider of mobility solutions, which has a Zacks Rank #1 and a VGM Score of A. Its expected EPS growth rate for three-five years is 19.4%.
The Zacks Consensus Estimate for Avis Budget Group's current financial year sales and EPS suggests growth of 23.1% and 74.7%, respectively, from the year-ago period. Avis Budget has a trailing four-quarter earnings surprise of 102.1%, on average. The stock has rallied 105.8% in the past year.
Wyndham Hotels & Resorts, Inc., the world's largest hotel franchising company by the number of properties, has a Zacks Rank #2 and a VGM Score of A. The expected EPS growth rate for three-five years is 13.4%.
The Zacks Consensus Estimate for Wyndham Hotels & Resorts' current financial year EPS suggests growth of 13% from the year-ago period. Wyndham Hotels & Resorts has a trailing four-quarter earnings surprise of 36.1%, on average. The stock has declined 5% in the past year.
American International Group, Inc., which offers insurance products for commercial, institutional, and individual customers, has a Zacks Rank #2 and a VGM Score of B. The expected EPS growth rate for three-five years is 10%.
The Zacks Consensus Estimate for American International Group's current financial year sales and EPS suggests growth of 0.6% and 1.2%, respectively, from the year-ago period. AIG has a trailing four-quarter earnings surprise of 18.9%, on average. The stock has advanced 9.6% in the past year.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1944892/4-stocks-that-boast-impressive-interest-coverage-ratio
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Avis Budget Group, Inc. (CAR): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
American International Group, Inc. (AIG): Free Stock Analysis Report
Wyndham Hotels & Resorts (WH): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL – June 29, 2022 – Stocks in this week’s article are Dillard's, Inc. DDS, Avis Budget Group, Inc. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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For Immediate Release Chicago, IL – June 29, 2022 – Stocks in this week’s article are Dillard's, Inc. DDS, Avis Budget Group, Inc. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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For Immediate Release Chicago, IL – June 29, 2022 – Stocks in this week’s article are Dillard's, Inc. DDS, Avis Budget Group, Inc. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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For Immediate Release Chicago, IL – June 29, 2022 – Stocks in this week’s article are Dillard's, Inc. DDS, Avis Budget Group, Inc. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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719345.0
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2022-06-28 00:00:00 UTC
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Here's Why Ulta Beauty (ULTA) Appears to be a Promising Pick
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DDS
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https://www.nasdaq.com/articles/heres-why-ulta-beauty-ulta-appears-to-be-a-promising-pick
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Ulta Beauty, Inc. ULTA appears to be a lucrative pick with solid growth prospects. The company has been gaining from its strong omnichannel business and skincare category advancement. Also, a focus on six key priorities has been working well for this beauty retailer, which raised its fiscal 2022 guidance on its first-quarter earnings release.
On its lastearnings call management stated that due to a solid first-quarter show and sales trends witnessed in the second quarter so far, it raised its guidance for fiscal 2022. It now expects fiscal 2022 net sales in the range of $9.35-$9.55 billion compared with the $9.05-$9.15 billion range expected earlier. Comparable sales or comps are expected to rise in the range of 6-8% now compared with the earlier view of 3-4%. Comps are likely to be in the low-to-mid-teens range in the first half and moderate to a low-single-digit rise in the second half.
Management now expects the operating margin between 14.1% and 14.4%, which was earlier expected between 13.7% and 14%. For fiscal 2022, earnings are envisioned in the range of $19.20-$20.10 per share now, up from the $18.2-$18.7 per share range expected before. Shares of this Zacks Rank #1 (Strong Buy) company have rallied 16.5% in the past year against the industry’s decline of 38.7%. Let’s delve deeper into the factors backing this Illinois-based player.
Image Source: Zacks Investment Research
Omnichannel Strength
Ulta Beauty has been enriching its omnichannel experience through launches like Beauty to Go, options like same-day delivery (in some stores) and unique salon services across stores, among others. In the first quarter of fiscal 2022, the company opened 26 Ulta Beauty at Target shops and ended the quarter with 127 locations. Apart from this, ULTA is benefiting from its Wellness Shop launch (in the fourth quarter of fiscal 2021), which is a cross-category platform providing guests with self-care for the mind, body and spirit across several stores and online. On its first-quarterearnings call management stated that its Wellness Shop reached nearly 55% of its store fleet. The company’s buy online, pick up in store (BOPIS) continued to gain traction in the first quarter. BOPIS sales rose 26% and contributed 21% to e-commerce sales.
Skincare Category – a Major Driver
Ulta Beauty has been seeing market share gains in major beauty categories for a while now, with skincare standing out due to consumers’ rising interest in self-care and the company’s focus on newness and innovation. The trend continued in the first quarter of fiscal 2022, wherein skincare comps saw strong double-digit growth. Category growth was backed by moisturizers, acne treatments and eye serums. Guests’ increased focus on self-care and maintaining healthy skincare routines works well for this category. Apart from these, the company has been seeing strength in the fragrance and haircare category, with product newness being a solid driver. Even the makeup category is on track for full recovery.
Ulta Beauty Inc. Price, Consensus and EPS Surprise
Ulta Beauty Inc. price-consensus-eps-surprise-chart | Ulta Beauty Inc. Quote
Focus on Key Priorities
The company’s foremost priority is to strengthen its omnichannel business and explore the potential of both physical and digital facets. Ulta Beauty has made significant progress on this front, evident from its solid e-commerce initiatives. Next, the company is undertaking various tools to enhance the experience of guests, like offering a virtual try-on tool and in-store education and reimagining fixtures, among others. Thirdly, the company concentrates on offering customers a curated and exclusive range of beauty products through innovation. Fourthly, ULTA is focused on deepening customer engagement by boosting rewards and loyalty programs. Fifthly, management is committed to optimizing its cost structure. Apart from these, the company strives to boost organizational talent and strengthen the culture.
Hence, Ulta Beauty looks well-positioned for growth. The current Zacks Consensus Estimate for fiscal 2022 earnings per share (EPS) has risen by a penny to $20.08 over the past seven days.
Other Solid Picks You May Look at
Here are some other similar-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR.
Dillard's, which operates retail department stores, sports a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Kroger, a renowned grocery retailer, sports a Zacks Rank #1. Kroger has a trailing four-quarter earnings surprise of 20.3%, on average.
The Zacks Consensus Estimate for KR’s current financial-year sales and EPS suggests growth of 6.7% and 5.7%, respectively, from the year-ago period.
Dollar Tree, a discount variety retail store operator, sports a Zacks Rank #1. The company has an expected EPS growth rate of 15.5% for three to five years.
The Zacks Consensus Estimate for Dollar Tree’s current financial-year sales suggests growth of 6.7% from the year-ago period. DLTR has a trailing four-quarter earnings surprise of 13.1%, on average.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Solid Picks You May Look at Here are some other similar-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Other Solid Picks You May Look at Here are some other similar-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Other Solid Picks You May Look at Here are some other similar-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Other Solid Picks You May Look at Here are some other similar-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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719346.0
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2022-06-28 00:00:00 UTC
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4 Stocks That Boast Impressive Interest Coverage Ratio
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https://www.nasdaq.com/articles/4-stocks-that-boast-impressive-interest-coverage-ratio
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Addressing shooting commodity prices is of top priority for the Federal Reserve, and it is treading the path of a rate hike to tame the same. We note that the consumer price index rose 1% month on month in May, following an increase of 0.3% in April. On a year-over-year basis, the metric rose 8.6% — the fastest pace since December 1981. This jump was led by higher gasoline and food grain prices, primarily due to the conflict between Russia and Ukraine.
At present, investors should gauge the changing market dynamics and accordingly chalk out a sturdy investment strategy. We often judge a company on the basis of its sales and earnings. These, however, may not be enough. Sometimes, a stock gets a boost if these numbers climb year over year or surpass estimates in a particular quarter, thus offering a great opportunity for an investor with a shorter horizon to cash in on. But if you seek long-term returns, investments backed only by sales and earnings numbers may not yield the desired results.
A critical analysis of a company’s financial background is a prerequisite for an informed investment decision. Here, coverage ratios that determine whether a company is sound enough to meet its financial obligations play a crucial role. The higher the ratio, the better. The focus of this article is on “Interest Coverage,” which is one such ratio.
Interest Coverage Ratio = Earnings before Interest & Taxes (EBIT) divided by Interest Expense.
Why Interest Coverage Ratio?
Interest Coverage Ratio is used to determine how effectively a company can pay the interest charges on its debt.
Debt, which is crucial for most of the companies to finance operations, comes at a cost called interest. Interest expense has a direct bearing on the profitability of a company and its creditworthiness depends on how effectively it meets interest obligations. Therefore, Interest Coverage Ratio is one of the important criteria to factor in before making any investment decision.
Interest coverage ratio suggests the number of times the interest could be paid from earnings and gauges the margin of safety a firm carries for paying interest.
An interest coverage ratio lower than 1.0 implies that the company is unable to fulfill its interest obligations and could default on repaying debt. A company that is capable of generating earnings well above its interest expense can withstand financial hardships. Definitely, one should also track the company’s past performance to determine whether the interest coverage ratio has improved or worsened over a period of time.
The Winning Strategy
Apart from having an Interest Coverage Ratio that is more than the industry average, adding a favorable Zacks Rank and a VGM Score of A or B to your search criteria should lead to better results.
Interest Coverage Ratio greater than X-Industry Median
Price greater than or equal to 5: The stocks must all be trading at a minimum of $5 or higher.
5-Year Historical EPS Growth (%) greater than X-Industry Median: Stocks that have a strong EPS growth history.
Projected EPS Growth (%) greater than X-Industry Median: This is the projected EPS growth over the next three to five years. This shows that the stock has near-term earnings growth potential.
Average 20-Day Volume greater than 100,000: A substantial trading volume ensures that the stock is easily tradable.
Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
VGM Score of less than or equal to B: Our research shows that stocks with a VGM Score of A or B when combined with a Zacks Rank #1 or 2 offer the best upside potential.
Here are four of the 11 stocks that qualified the screening:
Dillard's, Inc. DDS which operates retail department stores, has a Zacks Rank #1 and a VGM Score of A. Its expected EPS growth rate for three-five years is 14.6%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial year sales suggests growth of 6.1% from the year-ago period. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. The stock has zoomed 42.9% in the past year.
Avis Budget Group, Inc. CAR, a leading global provider of mobility solutions, which has a Zacks Rank #1 and a VGM Score of A. Its expected EPS growth rate for three-five years is 19.4%.
The Zacks Consensus Estimate for Avis Budget Group’s current financial year sales and EPS suggests growth of 23.1% and 74.7%, respectively, from the year-ago period. Avis Budget has a trailing four-quarter earnings surprise of 102.1%, on average. The stock has rallied 105.8% in the past year.
Wyndham Hotels & Resorts, Inc. WH, the world's largest hotel franchising company by the number of properties, has a Zacks Rank #2 and a VGM Score of A. The expected EPS growth rate for three-five years is 13.4%.
The Zacks Consensus Estimate for Wyndham Hotels & Resorts’ current financial year EPS suggests growth of 13% from the year-ago period. Wyndham Hotels & Resorts has a trailing four-quarter earnings surprise of 36.1%, on average. The stock has declined 5% in the past year.
American International Group, Inc. AIG, which offers insurance products for commercial, institutional, and individual customers, has a Zacks Rank #2 and a VGM Score of B. The expected EPS growth rate for three-five years is 10%.
The Zacks Consensus Estimate for American International Group’s current financial year sales and EPS suggests growth of 0.6% and 1.2%, respectively, from the year-ago period. AIG has a trailing four-quarter earnings surprise of 18.9%, on average. The stock has advanced 9.6% in the past year.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Avis Budget Group, Inc. (CAR): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
American International Group, Inc. (AIG): Free Stock Analysis Report
Wyndham Hotels & Resorts (WH): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc. DDS which operates retail department stores, has a Zacks Rank #1 and a VGM Score of A. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's, Inc. DDS which operates retail department stores, has a Zacks Rank #1 and a VGM Score of A. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's, Inc. DDS which operates retail department stores, has a Zacks Rank #1 and a VGM Score of A. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's, Inc. DDS which operates retail department stores, has a Zacks Rank #1 and a VGM Score of A. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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719347.0
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2022-06-27 00:00:00 UTC
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Ex-Dividend Reminder: B&G Foods, Willis Towers Watson Public and Dillard's
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DDS
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https://www.nasdaq.com/articles/ex-dividend-reminder%3A-bg-foods-willis-towers-watson-public-and-dillards
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Looking at the universe of stocks we cover at Dividend Channel, on 6/29/22, B&G Foods Inc (Symbol: BGS), Willis Towers Watson Public Ltd Co (Symbol: WTW), and Dillard's Inc. (Symbol: DDS) will all trade ex-dividend for their respective upcoming dividends. B&G Foods Inc will pay its quarterly dividend of $0.475 on 8/1/22, Willis Towers Watson Public Ltd Co will pay its quarterly dividend of $0.82 on 7/15/22, and Dillard's Inc. will pay its quarterly dividend of $0.20 on 8/1/22. As a percentage of BGS's recent stock price of $25.09, this dividend works out to approximately 1.89%, so look for shares of B&G Foods Inc to trade 1.89% lower — all else being equal — when BGS shares open for trading on 6/29/22. Similarly, investors should look for WTW to open 0.40% lower in price and for DDS to open 0.08% lower, all else being equal.
Below are dividend history charts for BGS, WTW, and DDS, showing historical dividends prior to the most recent ones declared.
B&G Foods Inc (Symbol: BGS):
Willis Towers Watson Public Ltd Co (Symbol: WTW):
Dillard's Inc. (Symbol: DDS):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 7.57% for B&G Foods Inc, 1.61% for Willis Towers Watson Public Ltd Co, and 0.31% for Dillard's Inc..
In Monday trading, B&G Foods Inc shares are currently up about 0.2%, Willis Towers Watson Public Ltd Co shares are down about 0.5%, and Dillard's Inc. shares are up about 0.7% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Looking at the universe of stocks we cover at Dividend Channel, on 6/29/22, B&G Foods Inc (Symbol: BGS), Willis Towers Watson Public Ltd Co (Symbol: WTW), and Dillard's Inc. (Symbol: DDS) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for WTW to open 0.40% lower in price and for DDS to open 0.08% lower, all else being equal. Below are dividend history charts for BGS, WTW, and DDS, showing historical dividends prior to the most recent ones declared.
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Looking at the universe of stocks we cover at Dividend Channel, on 6/29/22, B&G Foods Inc (Symbol: BGS), Willis Towers Watson Public Ltd Co (Symbol: WTW), and Dillard's Inc. (Symbol: DDS) will all trade ex-dividend for their respective upcoming dividends. B&G Foods Inc (Symbol: BGS): Willis Towers Watson Public Ltd Co (Symbol: WTW): Dillard's Inc. (Symbol: DDS): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for WTW to open 0.40% lower in price and for DDS to open 0.08% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel, on 6/29/22, B&G Foods Inc (Symbol: BGS), Willis Towers Watson Public Ltd Co (Symbol: WTW), and Dillard's Inc. (Symbol: DDS) will all trade ex-dividend for their respective upcoming dividends. B&G Foods Inc (Symbol: BGS): Willis Towers Watson Public Ltd Co (Symbol: WTW): Dillard's Inc. (Symbol: DDS): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for WTW to open 0.40% lower in price and for DDS to open 0.08% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel, on 6/29/22, B&G Foods Inc (Symbol: BGS), Willis Towers Watson Public Ltd Co (Symbol: WTW), and Dillard's Inc. (Symbol: DDS) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for WTW to open 0.40% lower in price and for DDS to open 0.08% lower, all else being equal. Below are dividend history charts for BGS, WTW, and DDS, showing historical dividends prior to the most recent ones declared.
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a8ff5b58-ef3f-412c-a768-a8a18292e51c
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719348.0
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2022-06-27 00:00:00 UTC
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Newell (NWL) Looks Well-Placed on Strong Demand & Innovation
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DDS
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https://www.nasdaq.com/articles/newell-nwl-looks-well-placed-on-strong-demand-innovation
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nan
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Newell Brands NWL has been gaining from solid demand, product innovation and robust core sales growth. This, along with a solid e-commerce business, remains a key growth driver.
The company has been on track to leverage its robust e-commerce capabilities, which have remained strong for some time now. It continues to strengthen its e-commerce business via increased investments and better customer engagement. Newell’s earlier launched “buy online and pick up in stores” and “ship from store” services in its Yankee Candle retail stores have been doing well. Going forward, management expects further digital penetration, driven by expanded omni-channel capabilities.
Continued improvements in the Writing business, driven by product innovation and strength in the Sharpie and Paper Mate brands, bode well. Newell witnessed improvements in the Writing business in first-quarter 2022, driven by some accelerated back-to-school orders. Consequently, the Writing business looks well-positioned for growth in 2022. Management remains optimistic about the next back-to-school season on the back of robust merchandising plans to meet demand. The company also remains focused on product innovations in this category, with a number of products to be launched later this year.
Driven by these factors, this Zacks Rank #3 (Hold) stock posted impressive first-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and grew year over year. Net sales grew 4.4% year over year, driven by core sales growth of 6.9%, as five of the seven business units witnessed higher core sales. This marked the seventh successive quarter of core sales growth. Also, the bottom line beat earnings estimates for the 11th straight quarter.
Management issued an upbeat view for the second quarter and 2022. The company anticipates net sales of $9.93-$10.13 billion for 2022, with core sales of flat to up 2%. The normalized operating margin is expected to be 11.5-11.8%. Normalized earnings per share are forecast to be $1.85-$1.93 for 2022.
For second-quarter 2022, net sales are envisioned to be $2.52-$2.57 billion, with core sales growth in the low-single digits. For the quarter, the company expects a normalized operating margin of 11.7-12.1% and normalized earnings of 45-48 cents per share.
Image Source: Zacks Investment Research
We note that shares of NWL have lost 6.4% year to date compared with the industry’s decline of 20.9%.
Despite these upsides, the company has been witnessing elevated advertising and promotional expenses related to product launches and omni-channel investments. Ongoing inflationary pressures, mainly related to resin, sourced finished goods, transportation and labor costs, remain concerning. The company also remains exposed to industry-wide supply-chain disruptions, including port congestion, limited container availability, and shortage of labor and truck drivers.
Wrapping Up
Newell Brands appears to be a solid bet, backed by tailwinds, including product innovation, robust demand and a solid online show. Earnings estimates for the current financial year have increased 1.1% to $1.92 over the past 60 days.
Stocks to Consider
Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS.
Dillard’s operates as a departmental store chain, featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently has a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 25.2%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Canada Goose is the designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. It currently carries a Zacks Rank #2. GOOS has a trailing four-quarter earnings surprise of 65.9%, on average.
The Zacks Consensus Estimate for Canada Goose’s current financial year’s EPS suggests growth of 64.4% from the year-ago period’s reported figures. GOOS has an expected EPS growth rate of 27.4% for three-five years.
Just Released: Zacks Top 10 Stocks for 2022
In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022?
From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Newell Brands Inc. (NWL): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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cab3791f-c1a2-4410-8e11-e84e4716ef4b
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719349.0
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2022-06-27 00:00:00 UTC
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Strength Seen in Macy's (M): Can Its 9.9% Jump Turn into More Strength?
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https://www.nasdaq.com/articles/strength-seen-in-macys-m%3A-can-its-9.9-jump-turn-into-more-strength
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Macy's M shares rallied 9.9% in the last trading session to close at $20.96. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 16.8% loss over the past four weeks.
Macy’s has been benefitting from successful execution of Polaris strategy, robust omni-channel capabilities, curated merchandise assortment and accelerated rate of customer acquisition. Macy's digital business remain one of the major revenue drivers. The company has been undertaking a host of initiatives to provide customers a seamless shopping experience.
This department store operator is expected to post quarterly earnings of $0.89 per share in its upcoming report, which represents a year-over-year change of -31%. Revenues are expected to be $5.53 billion, down 2.2% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Macy's, the consensus EPS estimate for the quarter has been revised 11.1% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on M going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Macy's is part of the Zacks Retail - Regional Department Stores industry. Dillard's DDS, another stock in the same industry, closed the last trading session 6.6% higher at $259.85. DDS has returned -14.6% in the past month.
For Dillard's, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $3.20. This represents a change of -63.7% from what the company reported a year ago. Dillard's currently has a Zacks Rank of #1 (Strong Buy).
Just Released: Zacks Top 10 Stocks for 2022
In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022?
From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Macy's, Inc. (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's DDS, another stock in the same industry, closed the last trading session 6.6% higher at $259.85. DDS has returned -14.6% in the past month. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's, Inc. (DDS): Free Stock Analysis Report Dillard's DDS, another stock in the same industry, closed the last trading session 6.6% higher at $259.85. DDS has returned -14.6% in the past month.
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Dillard's DDS, another stock in the same industry, closed the last trading session 6.6% higher at $259.85. DDS has returned -14.6% in the past month. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's DDS, another stock in the same industry, closed the last trading session 6.6% higher at $259.85. DDS has returned -14.6% in the past month. Dillard's, Inc. (DDS): Free Stock Analysis Report
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a6be65ce-1055-4856-97a0-bb829866358d
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719350.0
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2022-06-24 00:00:00 UTC
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Rite Aid (RAD) Q1 Loss Narrower Than Expected, Revenues Beat
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https://www.nasdaq.com/articles/rite-aid-rad-q1-loss-narrower-than-expected-revenues-beat
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Rite Aid Corporation RAD posted first-quarter fiscal 2023 results, wherein the bottom and top lines beat the Zacks Consensus Estimate. However, both metrics declined year over year. Increased non-COVID prescriptions, lower SG&A and continued momentum at Elixir aided the results.
Shares of RAD jumped 20% at the close of the trading session on Jun 23. This might have resulted from the raised fiscal 2023 revenue outlook.
Q1 Highlights
The company delivered an adjusted loss of 60 cents per share against earnings of 38 cents in the prior-year quarter. The figure was narrower than the Zacks Consensus Estimate of a loss of 70 cents.
Revenues declined 2.4% to $6,015 million and surpassed the Zacks Consensus Estimate of $5,728 million. Sluggishness in both Retail Pharmacy and Pharmacy Services segments hurt sales.
In the quarter, the Retail Pharmacy segment's revenues fell 0.1% due to a reduction in COVID-19 vaccines and testings, as well as store closures, somewhat offset by higher non-COVID-19 prescriptions.
Retail Pharmacy same-store sales were up 4.6%, driven by a 6.6% rise in pharmacy sales, which partly offset the 0.5% decrease in front-end same-store sales. Excluding cigarettes and tobacco products, front-end same-store sales remained flat year over year.
Prescription count at same-store sales, adjusted to 30-day equivalent, rose 0.9% on the back of non-COVID-19 prescriptions (up 3.7%), acute prescription (up 11.9%) and maintenance prescriptions (up 1.4%). The acute prescription and maintenance prescription units witnessed growth of 12.3% and 1.1% from the pre-pandemic levels.
In the Pharmacy Services segment, revenues declined 7.8% due to client loss announced earlier and reduced Elixir Insurance memberships.
In the reported quarter, adjusted EBITDA plunged 28% year over year to $100.1 million. The adjusted EBITDA margin contracted 60 bps to 1.7% in the quarter under review. SG&A expenses decreased 2.2% year over year to $1,217.9 million.
Rite Aid Corporation Price, Consensus and EPS Surprise
Rite Aid Corporation price-consensus-eps-surprise-chart | Rite Aid Corporation Quote
Financial Status
Rite Aid ended the reported quarter with cash and cash equivalents of $56.1 million, long-term debt (net of current maturities) of $3,026.5 million, and total shareholders' equity of $8,376 million.
For fiscal 2023, capital expenditure is forecast to be $250 million, which is to be utilized for investments in digital capabilities, technology, prescription file purchases, distribution center automation and store remodels. The company also expects to generate positive free cash flow in fiscal 2023.
FY23 Outlook
Management raised its fiscal 2023 revenue expectations, driven by the increased use of higher-cost drugs at Elixir. Rite Aid’s revenues are anticipated to be $23.6-$24 million, up from the earlier mentioned $23.1-$23.5 billion. The Retail Pharmacy segment’s revenues are likely to be $17.35-$17.65, down from the previously communicated $17.7-$18 billion. Meanwhile, the Pharmacy Services segment’s revenues are expected to be $6.25-$6.35 billion, which compares favorably with the prior mentioned $5.4-$5.5 billion.
The company envisions a loss between 66 cents and $1.19. Adjusted EBITDA is anticipated to be $460-$500 million, with the Retail Pharmacy segment’s adjusted EBITDA at $320-$350 million and the Pharmacy Services segment’s adjusted EBITDA at $140-$150 million.
Business Development
In a recent development, Rite Aid collaborated with Afterpay to enhance the customer experience. With this, RAD became the first national drugstore chain to offer the service of shop online and pay later via Afterpay.
This Zacks Rank #3 (Hold) company revealed plans to expand the Rite Aid Rewards program to improve customer engagement in pharmacy and front-end sales. It also intends to reduce Elixir insurance membership to manage the business's profitability. In the reported quarter, RAD launched 546 newly designed products, and expects to launch more in the second half of this year. It also remains on track with plans to open small-format pharmacies in underserved rural markets such as Indiana, upstate New York and Virginia.
Image Source: Zacks Investment Research
We note that shares of RAD have lost 17.5% in the past three months compared with the industry's decline of 15.2%.
Stocks to Consider
Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS.
Dillard’s operates as a departmental store chain, featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently has a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 25.2%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Canada Goose is the designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. It currently carries a Zacks Rank #2. GOOS has a trailing four-quarter earnings surprise of 65.9%, on average.
The Zacks Consensus Estimate for Canada Goose’s current financial year’s EPS suggests growth of 64.4% from the year-ago period’s reported figures. GOOS has an expected EPS growth rate of 27.4% for three-five years.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Rite Aid Corporation (RAD): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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719351.0
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2022-06-24 00:00:00 UTC
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Bet on 5 Stocks With High ROE to Trounce Recession Fears
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https://www.nasdaq.com/articles/bet-on-5-stocks-with-high-roe-to-trounce-recession-fears
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With the U.S. consumer price index rising 8.6% in May – the fastest rise since December 1981 – the odds of a recession later in 2022 have increased significantly, triggering intense volatility in the equity markets. As the high inflationary pressure refuses to abate, the Fed is continuing with its aggressive rate hike policy and raised the interest rate for the federal funds by 75 basis points to 1.50-1.75%. The Fed aims to enforce similar increases in the remainder of the year to restore price stability.
The central bank has also offered a broad outline of its reduction in asset holdings for monetary tightening. The Fed intends to reduce Treasury holdings and mortgage-backed securities by $30 billion and $17.5 billion, respectively, from June and extend the tallies to $65 billion and $35 billion after three months. Despite these initiatives, experts remain anxious about high inflation data and aim to look for cues for probable recession from the upcoming new home sales data and the final University of Michigan consumer sentiment report for June.
As investors employ a wait-and-see approach in a classic example of “backing and filling” in the market, they can benefit from ‘cash cow’ stocks that garner higher returns. However, identifying cash-rich stocks alone does not make for a solid investment proposition unless it is backed by attractive efficiency ratios like return on equity (ROE). A high ROE ensures that the company is reinvesting cash at a high rate of return. Louisiana-Pacific Corporation LPX, The Coca-Cola Company KO, Qualcomm Incorporated QCOM, Matson, Inc. MATX and Dillard's, Inc. DDS are some of the stocks with high ROE to profit.
ROE: A Key Metric
ROE = Net Income/Shareholders’ Equity
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company. In other words, this financial metric enables investors to identify companies that diligently deploy cash for higher returns.
Moreover, ROE is often used to compare the profitability of a company with other firms in the industry — the higher, the better. It measures how well a company is multiplying its profits without investing new equity capital and portrays management’s efficiency in rewarding shareholders with attractive risk-adjusted returns.
Parameters Used for Screening
In order to shortlist stocks that are cash-rich with high ROE, we have added Cash Flow greater than $1 billion and ROE greater than X-Industry as our primary screening parameters. In addition, we have taken a few other criteria into consideration to arrive at a winning strategy.
Price/Cash Flow lesser than X-Industry: This metric measures how much investors pay for $1 of free cash flow. A lower ratio indicates that investors need to pay less for a better cash flow-generating stock.
Return on Assets (ROA) greater than X-Industry: This metric determines how much profit a company earns for every dollar of asset, which includes cash, accounts receivable, property, equipment, inventory and furniture. The higher the ROA, the better it is for the company.
5-Year EPS Historical Growth greater than X-Industry: This criterion indicates that continued earnings momentum has translated into solid cash strength.
Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
Here are five of the 16 stocks that qualified the screen:
Louisiana-Pacific Corporation: Headquartered in Nashville, TN, Louisiana-Pacific is a leading manufacturer of sustainable, quality engineered wood building materials, structural framing products and exterior siding for use in residential, industrial and light commercial construction. The company’s products are used primarily in new home construction, repair and remodeling and outdoor structures.
Louisiana-Pacific delivered a trailing four-quarter earnings surprise of 14%, on average. It has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Coca-Cola Company: The Atlanta, GA-based Coca-Cola Company offers more than 4,700 beverage products (and more than 500 brands), spanning from sodas (or sparkling beverages) to energy drinks. In addition to its primary sparkling soft drinks (carbonated), the company sells a large range of still (non-carbonated) beverages, including water, enhanced water, juices and juice drinks, sports drinks, ready-to-drink teas and coffees and dairy and energy drinks.
The company has a long-term earnings growth expectation of 7% and delivered a trailing four-quarter earnings surprise of 13.6%, on average. Coca-Cola Company carries a Zacks Rank #2.
Qualcomm Incorporated: Headquartered in San Diego, CA, Qualcomm designs, manufactures and markets digital wireless telecom products and services based on the Code Division Multiple Access (CDMA) technology. The products include CDMA-based integrated circuits (ICs) and system software for wireless voice and data communications as well as global positioning system products. The company delivered a trailing four-quarter earnings surprise of 11.4%, on average.
Qualcomm carries a Zacks Rank #2. The company has a long-term earnings growth expectation of 16.3%. Qualcomm is well-positioned to benefit from solid 5G traction with greater visibility and a diversified revenue stream to meet its long-term revenue targets.
Matson, Inc.: Headquartered in Honolulu, Hawaii, Matson offers ocean transportation and logistics services to the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers and other customers. The company provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska and Guam and other island economies in Micronesia.
This Zacks #2 Ranked company delivered a trailing four-quarter earnings surprise of 2.1%, on average. Matson’s fleet of owned and chartered vessels includes containerships, combination containers and custom-designed barges.
Dillard's, Inc.: Founded in 1938, Dillard's is a large departmental store chain featuring fashion apparel and home furnishings. Its merchandise mix consists of both branded and private-label items. The company’s strategy is to offer more fashion-forward and trendy products to attract customers.
Dillard’s is benefiting from continued momentum in consumer demand and better inventory management. The company has a long-term earnings growth expectation of 14.6% and delivered a trailing four-quarter earnings surprise of 224.1%, on average. Dillard’s sports a Zacks Rank #1.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
QUALCOMM Incorporated (QCOM): Free Stock Analysis Report
CocaCola Company The (KO): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
LouisianaPacific Corporation (LPX): Free Stock Analysis Report
Matson, Inc. (MATX): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Louisiana-Pacific Corporation LPX, The Coca-Cola Company KO, Qualcomm Incorporated QCOM, Matson, Inc. MATX and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. With the U.S. consumer price index rising 8.6% in May – the fastest rise since December 1981 – the odds of a recession later in 2022 have increased significantly, triggering intense volatility in the equity markets. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Louisiana-Pacific Corporation LPX, The Coca-Cola Company KO, Qualcomm Incorporated QCOM, Matson, Inc. MATX and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. With the U.S. consumer price index rising 8.6% in May – the fastest rise since December 1981 – the odds of a recession later in 2022 have increased significantly, triggering intense volatility in the equity markets. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Louisiana-Pacific Corporation LPX, The Coca-Cola Company KO, Qualcomm Incorporated QCOM, Matson, Inc. MATX and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. With the U.S. consumer price index rising 8.6% in May – the fastest rise since December 1981 – the odds of a recession later in 2022 have increased significantly, triggering intense volatility in the equity markets. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Louisiana-Pacific Corporation LPX, The Coca-Cola Company KO, Qualcomm Incorporated QCOM, Matson, Inc. MATX and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. With the U.S. consumer price index rising 8.6% in May – the fastest rise since December 1981 – the odds of a recession later in 2022 have increased significantly, triggering intense volatility in the equity markets. Dillard's, Inc. (DDS): Free Stock Analysis Report
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1b1b9e09-3969-4013-a40d-de2864484682
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719352.0
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2022-06-24 00:00:00 UTC
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Walmart (WMT) Down More Than 10% in 3 Months: Here's Why
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DDS
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https://www.nasdaq.com/articles/walmart-wmt-down-more-than-10-in-3-months%3A-heres-why
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Several retail companies are grappling with supply-chain headwinds and Walmart Inc. WMT is not immune to it. Supply-chain bottlenecks, escalated costs and persistently elevated inflation weighed on the company’s first-quarter fiscal 2023 results, wherein management lowered its earnings per share (EPS) guidance for the fiscal. Apart from this, the company’s results were somewhat affected by divestitures in the International segment.
The Zacks Consensus Estimate for the current fiscal-year EPS has gone down from $6.43 to $6.40 over the past 30 days. Shares of this currently Zacks Rank #4 (Sell) company have declined 13.5% in the past three months compared with the industry’s decline of 15.6%. Let’s delve deeper.
What’s Hurting Walmart?
The gross margin at Walmart U.S. fell 38 basis points (bps) in the first quarter of fiscal 2023 due to an adverse product mix, high supply-chain costs and increased markdowns. Most of the decline was due to the supply chain, fuel and e-commerce fulfillment expenses. Overall, WMT’s consolidated gross profit margin contracted by 87 bps, primarily due to Sam’s Club, wherein the gross margin fell 219 bps. This was attributable to supply-chain costs, a fuel mix, inflation and markdowns stemming from the delayed inventory. Management expects the gross margin to remain under pressure in the second quarter, though it is likely to improve sequentially.
Moving on, SG&A costs escalated by 39 bps as a percentage of sales due to higher wage costs at Walmart U.S. The operating income at constant currency or cc fell 22.7% to $5.3 billion. Consolidated operating expenses as a percentage of sales increased by 45 bps year over year, stemming mainly from elevated wage costs at Walmart U.S. Some of the cost headwinds are likely to persist.
Walmart completed the divestiture of its businesses in Argentina, the United Kingdom and Japan during the first quarter of fiscal 2022. We note that Walmart’s overall revenues in the first quarter of fiscal 2023 were hurt to the tune of about $5 billion by divestitures related to the Walmart International business and $0.4 million due to adverse currency movements. The Walmart International segment’s net sales fell 13% to $23.8 billion. Divestitures hurt the segment’s net sales by $5 billion and currency movements had a $0.4 billion adverse impact. On a cc basis, net sales dropped 11.6% to $24.1 billion. The operating income, on a cc basis, slumped 33.7% to $0.8 billion.
Image Source: Zacks Investment Research
A Look at Q1 & Ahead
The company posted soft first-quarter fiscal 2023 earnings. Management stated that its U.S. business’ operating income was mainly hurt by higher costs related to staffing, an adverse mix due to the lower percentage of general merchandise and fuel costs and supply-chain woes. The soft earnings results were a product of the unusual economic landscape, with U.S. inflation levels (especially food and fuel) creating greater-than-expected pressure on margins and operating expenses. WMT’s adjusted earnings of $1.30 per share tumbled 23.1% from the year-ago period’s figure of $1.69 and missed the Zacks Consensus Estimate of $1.46.
Management now expects the consolidated operating income to decline around 1% at cc and remain flat, excluding divestitures. The consolidated operating income was previously expected to grow nearly 3% at cc and at a greater rate than net sales, excluding divestitures. Management now envisions the EPS to decline nearly 1% in fiscal 2023 and remain flat year over year, excluding divestitures. Earlier, the EPS was likely to grow in the mid-single-digit range. Excluding divestitures, it was expected to rise 5-6%. For the second quarter of fiscal 2023, the consolidated operating income and the EPS growth are expected in the range of flat to a slight increase.
While Walmart’s robust omnichannel efforts are likely to continue being a driver, the abovementioned costs cannot be ignored in the near term.
Solid Picks You May Look at
Here are some better-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Kroger, a renowned grocery retailer, sports a Zacks Rank #1. Kroger has a trailing four-quarter earnings surprise of 20.3%, on average.
The Zacks Consensus Estimate for KR’s current financial-year sales and EPS suggests growth of 6.7% and 5.7%, respectively, from the year-ago period.
Dollar Tree, a discount variety retail store operator, sports a Zacks Rank #1. The company has an expected EPS growth rate of 15.5% for three to five years.
The Zacks Consensus Estimate for Dollar Tree’s current financial-year sales suggests growth of 6.7% from the year-ago period. DLTR has a trailing four-quarter earnings surprise of 13.1%, on average.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Walmart Inc. (WMT): Free Stock Analysis Report
Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Solid Picks You May Look at Here are some better-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Solid Picks You May Look at Here are some better-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Solid Picks You May Look at Here are some better-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Solid Picks You May Look at Here are some better-ranked stocks – Kroger Co. KR, Dillard's, Inc. DDS and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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719353.0
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2022-06-22 00:00:00 UTC
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DDS Crosses Below Key Moving Average Level
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DDS
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https://www.nasdaq.com/articles/dds-crosses-below-key-moving-average-level
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nan
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nan
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In trading on Wednesday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $264.10, changing hands as low as $256.50 per share. Dillard's Inc. shares are currently trading down about 6.6% on the day. The chart below shows the one year performance of DDS shares, versus its 200 day moving average:
Looking at the chart above, DDS's low point in its 52 week range is $160.51 per share, with $416.71 as the 52 week high point — that compares with a last trade of $257.06.
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Wednesday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $264.10, changing hands as low as $256.50 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $160.51 per share, with $416.71 as the 52 week high point — that compares with a last trade of $257.06. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Wednesday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $264.10, changing hands as low as $256.50 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $160.51 per share, with $416.71 as the 52 week high point — that compares with a last trade of $257.06. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Wednesday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $264.10, changing hands as low as $256.50 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $160.51 per share, with $416.71 as the 52 week high point — that compares with a last trade of $257.06. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Wednesday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $264.10, changing hands as low as $256.50 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $160.51 per share, with $416.71 as the 52 week high point — that compares with a last trade of $257.06. Dillard's Inc. shares are currently trading down about 6.6% on the day.
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10bb5430-3549-4ce6-8e31-4ec7e6d45118
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719354.0
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2022-06-22 00:00:00 UTC
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Gap's (GPS) Althleta Brand Expands in Canada With Five Stores
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DDS
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https://www.nasdaq.com/articles/gaps-gps-althleta-brand-expands-in-canada-with-five-stores
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nan
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nan
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Gap Inc.’s GPS Althleta brand announced the opening of five stores in Canada, with the first one launched in the Mapleview Centre in Burlington, Ontario. The move comes after the company entered the Canada market last year, driven by positive customer response. Also, it launched its e-commerce business in Canada last August.
The new performance-lifestyle store marks Athleta’s third store in Canada, with the other two located at the Park Royal Shopping Centre in West Vancouver and the Yorkdale Shopping Centre in Toronto. The remaining four stores are likely to be opened at Chinook Centre, Calgary; Sherway Gardens, Etobicoke; West Edmonton Mall, Edmonton; and 1035 Robson Street, Vancouver.
The new stores will offer trending performance lifestyle products for women and girls in more than 200 styles, with sizes ranging from XXS-2X. Also, customers can avail in-store styling appointments, free alterations and wellness-focused community events.
With people in Canada returning to stores, Athleta is looking forward to leveraging its brand strength via its store fleet growth strategy. That said, management foresees Canada as a key growth driver in the long term.
Driven by new product offerings, localized marketing and increased brand awareness, Athleta witnessed better-than-expected customer acquisition of more than 40% in the first quarter of fiscal 2022. Also, events related to the launch of Alicia Keys and Simone Biles collections, as well as a partnership with the Toronto Six Women's professional hockey team, bode well.
Per MarketWatch, Gap’s other powerhouse brand Old Navy is entering the metaverse with its mascot, Magic the Dog, and its annual Flag Tee collection. The brand will offer 1,993 common NFTs, featuring Magic wearing a Flag Tee from Jun 29. There will also be a special auction of a Magic the Dog NFT, the proceeds of which will go to the Boys & Girls Clubs of America.
Gap has been long gaining from continued momentum across its Athleta and Old Navy brands. Old Navy remains focused on creating affordable, high-quality fashion for the whole family, which remains a significant long-term growth opportunity for the company.
Meanwhile, the Athleta brand’s value-driven active and lifestyle categories, increased digital marketing investments, and focus on product strategy have been aiding sales. Increased focus on performance active, as well as active lifestyle products to capitalize on the evolving shopping trends, bodes well. Driven by these factors, Athleta remains on track to reach $2 billion in net sales by fiscal 2023.
Image Source: Zacks Investment Research
All said, we hope that Gap will tide through the current macro consumer environment and get back on track, driven by strength in Athleta and Old Navy brands. We note that this Zacks Rank #5 (Strong Sell) company has plunged 49.2% year to date, underperforming the industry’s decline of 41.9%.
Stocks to Consider
Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS.
Dillard’s operates as a departmental store chain, featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently has a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 25.2%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Canada Goose is the designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. It currently carries a Zacks Rank #2. GOOS has a trailing four-quarter earnings surprise of 65.9%, on average.
The Zacks Consensus Estimate for Canada Goose’s current financial year’s EPS suggests growth of 64.4% from the year-ago period’s reported figures. GOOS has an expected EPS growth rate of 27.4% for three-five years.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Gap, Inc. (GPS): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Dillard’s DDS, Boot Barn Holdings BOOT and Canada Goose GOOS. Dillard's, Inc. (DDS): Free Stock Analysis Report DDS has a trailing four-quarter earnings surprise of 224.1%, on average.
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9199f8c0-7a60-45bb-ac66-783800db0bb6
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719355.0
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2022-06-21 00:00:00 UTC
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Here's Why You Should Hold on to Tractor Supply (TSCO) Stock
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DDS
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https://www.nasdaq.com/articles/heres-why-you-should-hold-on-to-tractor-supply-tsco-stock
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nan
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nan
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Tractor Supply Company TSCO has been gaining from strong demand for everyday merchandise, including consumable, usable and edible products, as well as robust winter seasonal categories. Strength in Life Out Here Strategy, along with its e-commerce business and Neighbor's Club loyalty program, also bodes well.
This led to robust first-quarter 2022 results, wherein the top and bottom lines improved year over year and surpassed the Zacks Consensus Estimate. This marked the ninth straight quarter of an earnings surprise and the eighth consecutive sales beat. Consequently, shares of TSCO have lost 18.1% in the past three months compared with the industry’s decline of 20.8%.
That said, let’s delve deeper into the factors driving this Zacks Rank #3 (Hold) stock.
Image Source: Zacks Investment Research
Factors Narrating TSCO’s Growth Story
Tractor Supply is progressing well with its Life Out Here Strategy, which is based on five key pillars, including customers, digitization, execution, team members and total shareholder return. Earlier, the company launched the Field Activity Support Team, and implemented various technology and service enhancements across the enterprise.
It is also on track with Project Fusion remodels and Side Lot transformation to remain nationally strong and locally relevant by bringing the latest merchandising strategies to life. Management anticipates transforming the side lots in 100 locations in 2022. These have been significant investments in stores. These are expected to boost productivity across the existing and new stores.
As part of the above-mentioned efforts, management revised the long-term financial growth targets for 2022-2026. It envisions achieving net sales growth of 6-7% for the aforementioned period, while comps are expected to grow 4-5%. The operating margin is expected to be 10.1-10.6%, up from the earlier mentioned 9-9.5%. Earnings per share are likely to grow 8-11%, up from the previously stated 8-10%.
Tractor Supply remains on track with its store-opening initiatives to induce traffic and drive the top line. It plans to open 75-80 Tractor Supply stores and 10 Petsense stores in 2022. Given the changing consumer trends, the company remains focused on integrating its physical and digital operations to offer consumers a seamless shopping experience. It is on track with the ‘ONETractor’ strategy, aimed at connecting store and online shopping.
The company’s omni-channel investments include curbside pickup, same-day and next-day delivery, a re-launched website, and a new mobile app. Its Neighbor's Club loyalty program looks promising. Management is likely to reach more than $2 billion in sales by 2026.
Driven by the above-mentioned factors, management expects net sales of $13.6-$13.8 billion for 2022. Comps are likely to grow 3-4.5%. The operating margin is anticipated to be 10.1-10.3%. Net income is expected to be $1.04-$1.08 billion. Earnings per share are likely to be $9.20-$9.50. The view does not include the impacts of the Orscheln Farm acquisition, as it is currently subjected to customary closing conditions. The 2022 guidance includes an additional week or 53rd week, which is likely to contribute to sales and earnings to the tune of 1.5 percentage points and 15 cents, respectively.
In a recent development, the company issued the second-quarter 2022 outlook, wherein net sales are expected to grow 8%, with year-over-year comparable store sales growth of 5%. Adjusted earnings are envisioned to be $3.48 or greater. The upbeat guidance can be attributable to improved weather from April and robust sales of its seasonal products.
Wrapping Up
Despite the upsides, TSCO is reeling under higher product cost inflation, rising transportation costs and supply-chain constraints. The company has also been witnessing increased investments in the Life Out Here strategic efforts.
All said, online strength, solid demand and well-chalked-out endeavors are likely to help the stock sustain its momentum.
Notably, the Zacks Consensus Estimate for the company’s current financial year’s sales and earnings suggests growth of 8.2% and 10.6%, respectively, from the year-ago period’s reported numbers. Topping it, earnings estimates for 2022 have moved up 0.2% in the past 30 days. Also, a long-term earnings growth rate of 10.1% reflects its inherent strength.
Stocks to Consider
Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Canada Goose GOOS.
Dillard’s operates as a departmental store chain, featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1% from the year-ago period’s reported number, while the same for EPS indicates a decline of 33.9%. DDS has an expected EPS growth rate of 12.6% for three-five years.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently carries a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 25.2%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Canada Goose is the designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. It currently carries a Zacks Rank #2. GOOS has a trailing four-quarter earnings surprise of 65.9%, on average.
The Zacks Consensus Estimate for Canada Goose’s current financial year’s EPS suggests growth of 64.4% from the year-ago period’s reported figure. GOOS has an expected EPS growth rate of 27.4% for three-five years.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Tractor Supply Company (TSCO): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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3e633315-12a7-4a11-b20b-b34708c880a8
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719356.0
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2022-06-20 00:00:00 UTC
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Is Dillard's (DDS) Stock Outpacing Its Retail-Wholesale Peers This Year?
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DDS
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https://www.nasdaq.com/articles/is-dillards-dds-stock-outpacing-its-retail-wholesale-peers-this-year-0
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For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Dillard's is one of 230 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #15 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Dillard's is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for DDS' full-year earnings has moved 47.5% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, DDS has returned 11.5% so far this year. At the same time, Retail-Wholesale stocks have lost an average of 28.8%. This means that Dillard's is performing better than its sector in terms of year-to-date returns.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Dollar Tree (DLTR). The stock is up 6.8% year-to-date.
The consensus estimate for Dollar Tree's current year EPS has increased 3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Dillard's belongs to the Retail - Regional Department Stores industry, a group that includes 3 individual stocks and currently sits at #104 in the Zacks Industry Rank. On average, stocks in this group have lost 12.1% this year, meaning that DDS is performing better in terms of year-to-date returns.
In contrast, Dollar Tree falls under the Retail - Discount Stores industry. Currently, this industry has 8 stocks and is ranked #228. Since the beginning of the year, the industry has moved -23%.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Dillard's and Dollar Tree as they attempt to continue their solid performance.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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On average, stocks in this group have lost 12.1% this year, meaning that DDS is performing better in terms of year-to-date returns. Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? The Zacks Consensus Estimate for DDS' full-year earnings has moved 47.5% higher within the past quarter.
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On average, stocks in this group have lost 12.1% this year, meaning that DDS is performing better in terms of year-to-date returns. Dillard's, Inc. (DDS): Free Stock Analysis Report Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole?
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On average, stocks in this group have lost 12.1% this year, meaning that DDS is performing better in terms of year-to-date returns. Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? The Zacks Consensus Estimate for DDS' full-year earnings has moved 47.5% higher within the past quarter.
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Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? The Zacks Consensus Estimate for DDS' full-year earnings has moved 47.5% higher within the past quarter. Based on the most recent data, DDS has returned 11.5% so far this year.
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e55d4dca-e667-4c7c-baf0-63a559a32f3d
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719357.0
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2022-06-16 00:00:00 UTC
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Here's Why Nordstrom (JWN) is Marching Ahead of the Industry
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DDS
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https://www.nasdaq.com/articles/heres-why-nordstrom-jwn-is-marching-ahead-of-the-industry
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Nordstrom Inc. JWN has been gaining from solid demand, positive pricing, lower markdowns and broad-based growth across core categories and regions. Core categories, including men's and women's apparel, shoes, and designer, performed well. Consumers refreshing their wardrobes for office, travel and other social activities contributed to the quarterly growth. Also, it is progressing well with its More Reasons to Rack campaign, which led to increased brand awareness and boosted traffic.
This led to impressive first-quarter fiscal 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and grew year over year. Total revenues grew 18.6% year over year, marking the seventh straight quarter of sequential top-line growth.
Driven by these factors, management raised the fiscal 2022 view. The company anticipates total year-over-year revenue growth of 6-8%, up from the aforementioned 5-7% rise. Adjusted earnings are envisioned to be $3.20-$3.50, which compares favorably with the prior stated $3.15-$3.50. EBIT margin is likely to be 5.8-6.2%, up from the earlier mentioned 5-6%. Adjusted EBIT is expected to be 5.6-6%.
Image Source: Zacks Investment Research
Consequently, shares of this Zacks Rank #3 (Hold) company have gained 3.7% in the past three months against the industry’s decline of 24.1%.
What’s More?
JWN remains focused on advancing in the technology space by boosting e-commerce and digital networks, and improving its supply-chain channels and marketing efforts. The company’s first-quarter fiscal 2022 digital sales remained stable year over year, representing 39% of net sales. The digital business witnessed gains from improved digital traffic across both Nordstrom and Nordstrom Rack, as well as increased utilization of the Buy Online, Pick Up In-Store service.
As part of its market strategy, the company launched additional pickup options, which received positive customer feedback. Buy Online Pick Up in Store also remains one of the most used facilities. In the said quarter, Nordstrom expanded its next-day order pickup service to more than 60 additional Rack stores. Also, its styling services, which form part of its Closer to You strategy, have been performing well.
Going ahead, management expects to expedite delivery, expand distribution and fulfillment centers, and the market level selection for in-store shopping, as well as same-day and next-day pickup. The company earlier completed the integration of Rack.com onto Nordstrom.com, thus, offering a better customer experience.
Nordstrom is focused on its long-term strategy, which aims at enhancing its digital-first platform, expanding the reach of Nordstrom Rack, gaining market share and delivering growth. As part of the strategy, the company continues to scale enhanced capabilities like the expansion of order pickup and ship-to-store to all Nordstrom Rack stores. It also expanded its market strategy to all of its 20 top markets.
As part of its closer-to-you strategy, the company aims to link stores and services to expedite deliveries, expand online offerings, and add cheaper merchandise at its Rack off-price stores, to improve customers’ shopping experiences. It is also on track to integrate Nordstrom Rack assets and offering a wide range of price points offered at Nordstrom Rack. Increased focus on distribution capabilities, along with improved connectivity of physical and digital inventory, is likely to contribute to Nordstrom Rack sales by roughly $2 billion in the long term.
However, Nordstrom has been reeling under freight and labor expenses for some time now. The company has also been witnessing ongoing industry-wide supply-chain disruptions for quite some time now, leading to a lack of product availability, order cancellations, and shipment delays. This, and high labor costs and freight expenses act as deterrents.
Bottom Line
Despite the freight and supply-chain woes, Nordstrom is likely to keep its stellar show on, driven by strong demand, solid online show and long-term growth strategy. The consensus mark for fiscal 2022 earnings has moved up 2.3% over the past 30 days to $3.18. Topping it, a VGM Score of B and a long-term earnings growth rate of 6% reflects its inherent strength.
Stocks to Consider
Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Canada Goose GOOS.
Dillard’s operates as a departmental store chain, featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently has a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 25.2%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Canada Goose is the designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. It currently carries a Zacks Rank #2. GOOS has a trailing four-quarter earnings surprise of 65.9%, on average.
The Zacks Consensus Estimate for Canada Goose’s current financial year’s EPS suggests growth of 64.4% from the year-ago period’s reported figures. GOOS has an expected EPS growth rate of 27.4% for three-five years.
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>>See Zacks’ Hottest IPOs Now
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Nordstrom, Inc. (JWN): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Canada Goose GOOS. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Canada Goose GOOS. Dillard's, Inc. (DDS): Free Stock Analysis Report DDS has a trailing four-quarter earnings surprise of 224.1%, on average.
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c8e53da2-c5c3-495e-9527-02a98f4ce9e6
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719358.0
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2022-06-15 00:00:00 UTC
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Abercrombie & Fitch (ANF) Issues FY25 View for Always Forward Plan
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https://www.nasdaq.com/articles/abercrombie-fitch-anf-issues-fy25-view-for-always-forward-plan
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Abercrombie & Fitch Co. ANF announced its Always Forward Plan, which focuses on brand growth, leveraging its omni-channel capabilities, and expanding digital penetration and financial discipline. As part of this plan, the company provided a financial outlook for fiscal 2025 and a long-term view.
It anticipates annual revenues of $4.1-$4.3 billion and an annual operating margin rate of 8% or more by the end of fiscal 2025. For the long term, management expects annual revenues of $5 billion and an annual operating margin rate of 10% or more.
The company also predicts the Abercrombie & Fitch and abercrombie kids brands to deliver 6-8% sales CAGR over the next three years, with Hollister and Gilly Hicks brands likely to generate flat to 2% and 15% sales CAGR. Notably, Abercrombie & Fitch adults is forecast to be the major growth driver.
Coming to its second objective, ANF intends to accelerate its digital revolution via Knowing Their Customer Better and Wowing Them Everywhere initiatives. Also, increased investment in customer analytics in order to meet and outpace customer demand bodes well. Lastly, it plans to generate at least $600 million of free cash flow in the next three years to deliver good shareholder returns, and drive omni-channel growth across digital and stores.
What Else Should You Know?
Abercrombie has been gaining from continued strength in the Abercrombie & Fitch brand, which delivered better-than-expected sales. Meanwhile, Hollister’s sales were in line with expectations. This led to year-over-year sales growth of 4% for first-quarter fiscal 2022, marking the highest first-quarter sales since 2014. Also, average unit retail (AUR) improved for the eighth consecutive quarter in the fiscal first quarter, driven by the favorable response to its products and experience. AUR gains can also be attributed to reduced promotional activity and higher tickets.
The company remains on track with rationalizing its store base by reducing its dependence on underperforming tourist-driven locations. As part of its store-optimization plans, Abercrombie plans to reposition larger-format flagship locations to smaller omni-channel-enabled stores. In the fiscal first quarter, the company opened four stores, including three Hollister and one Abercrombie. It also closed five stores, all of which were Abercrombie stores.
In fiscal 2022, the company’s store plans will be focused primarily on store openings. It expects to open 60 stores in fiscal 2022 compared with the aforementioned 50 stores. The company expects most of these openings to occur in the back half of the year. It reiterated its target of closing 30 stores this year.
However, higher freight costs and increased operating expenses related to higher marketing expenses and the absence of last year’s COVID-related rent abatements and government assistance act as deterrents. Management expects higher costs to create a headwind, at least through the end of fiscal 2022. Also, the adverse impacts of foreign currency headwinds and inflationary pressures on consumer demand are likely to persist in fiscal 2022.
Image Source: Zacks Investment Research
In the past three months, shares of this Zacks Rank #5 (Strong Sell) company plunged 38.5% compared with the industry’s decline of 24.2%.
Stocks to Consider
Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR.
Dillard’s operates as a departmental store chain, featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently has a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 25.2%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Kroger, which provides an array of goods ranging from household essentials, groceries and electronics to toys and apparel for men, women and kids, currently carries a Zacks Rank #2. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
The Zacks Consensus Estimate for Kroger’s current financial-year sales and EPS suggests growth of 3.2% and 4.1%, respectively, from the year-ago period’s reported figures. KR has an expected EPS growth rate of 9.9% for three-five years.
Zacks' Top Picks to Cash in on Electric Vehicles
Big money has already been made in the Electric Vehicle (EV) industry. But, the EV revolution has not hit full throttle yet. There is a lot of money to be made as the next push for future technologies ramps up. Zacks’ Special Report reveals 5 picks investors
See 5 EV Stocks With Extreme Upside Potential >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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b70db88f-42b9-4588-9846-cdec548e8404
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719359.0
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2022-06-14 00:00:00 UTC
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Zacks.com featured highlights Caleres, Dillard's and ICL Group
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DDS
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-caleres-dillards-and-icl-group
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For Immediate Release
Chicago, IL – June 14, 2022 – Stocks in this week’s article are Caleres, Inc. CAL, Dillard's, Inc. DDS and ICL Group Ltd. ICL.
3 Top-Ranked Momentum Stocks to Buy Using Driehaus Strategy
Richard Herman Driehaus' investing strategy has always helped investors with an appetite for high risk. In fact, the investment strategy can be used to choose the best momentum stocks with the "buy high and sell higher" theory.
To that end, stocks like Caleres, Inc., Dillard's, Inc. and ICL Group Ltd. have been selected as the momentum picks for the day using the Driehaus strategy.
A Detailed Look Into the Driehaus Strategy
Regarding the strategy, Driehaus once said: "I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in decline and try to guess when it will turn around." In line with this insight, the American Association of Individual Investors (AAII) took into account the percentage 50-day moving average as one of the key criteria before creating a portfolio following Driehaus' philosophy.
It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator — positive relative strength — has also been included in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend.
Moreover, AAII found that Driehaus primarily focuses on strong earnings growth rates and impressive earnings projections to pick potential outperformers. Companies with a strong history of beating estimates are also given importance in this strategy, which was made to provide better returns over the long term.
Here are three of the 13 stocks:
Caleres is a footwear retailer and wholesaler. Caleres is involved in the operation of retail shoe stores and e-commerce websites as well as the design, sourcing and marketing of footwear for women and men. Caleres has a Momentum Score of B. The trailing four-quarter earnings surprise for CAL is 62.9%, on average.
Dillard's is a large departmental store chain featuring fashion apparel and home furnishing. Dillard's has a Momentum Score of B. The trailing four-quarter earnings surprise for DDS is 224.1%, on average.
ICL Group is engaged in the fertilizer and specialty chemical sectors. ICL has a Momentum Score of A. The trailing four-quarter earnings surprise for ICL is 37.6%, on average.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1938004/3-top-ranked-momentum-stocks-to-buy-using-driehaus-strategy
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
How to Profit from the Hot Electric Vehicle Industry
Global electric car sales in 2021 more than doubled their 2020 numbers. And today, the electric vehicle (EV) technology and very nature of the business is changing quickly. The next push for future technologies is happening now and investors who get in early could see exceptional profits.
See Zacks' Top Stocks to Profit from the EV Revolution >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
ICL Group Ltd. (ICL): Free Stock Analysis Report
Caleres, Inc. (CAL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL – June 14, 2022 – Stocks in this week’s article are Caleres, Inc. CAL, Dillard's, Inc. DDS and ICL Group Ltd. ICL. The trailing four-quarter earnings surprise for DDS is 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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For Immediate Release Chicago, IL – June 14, 2022 – Stocks in this week’s article are Caleres, Inc. CAL, Dillard's, Inc. DDS and ICL Group Ltd. ICL. The trailing four-quarter earnings surprise for DDS is 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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For Immediate Release Chicago, IL – June 14, 2022 – Stocks in this week’s article are Caleres, Inc. CAL, Dillard's, Inc. DDS and ICL Group Ltd. ICL. The trailing four-quarter earnings surprise for DDS is 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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For Immediate Release Chicago, IL – June 14, 2022 – Stocks in this week’s article are Caleres, Inc. CAL, Dillard's, Inc. DDS and ICL Group Ltd. ICL. The trailing four-quarter earnings surprise for DDS is 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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5420f044-8000-47bf-8669-cac65f02e487
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719360.0
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2022-06-13 00:00:00 UTC
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Here Are 4 Stocks With Remarkable Interest Coverage Ratio
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https://www.nasdaq.com/articles/here-are-4-stocks-with-remarkable-interest-coverage-ratio
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An ill-informed investor can lose cash if he wagers on a stock only on the basis of the numbers flashing on a real-time stock screen. A critical analysis of the company’s financial background is always required for a better investment decision at a time when the stock market is juggling with myriad issues, such as soaring inflation, supply chain bottlenecks and a hawkish monetary policy.
Often, investors evaluate a company’s performance by simply looking at its sales and earnings, which sometimes do not reveal the real picture. To be more precise, they do not tell whether a company’s fundamentals are sound enough to meet its financial obligations. Here, the coverage ratio comes into play — the higher the metric, the more efficient an enterprise will be in meeting its financial obligations.
Why Interest Coverage Ratio?
Interest Coverage Ratio is used to determine how effectively a company can pay interest charges on its debt.
Debt, which is crucial to financing operations for the majority of companies, comes at a cost called interest. Interest expense has a direct bearing on the profitability of a company. The company’s creditworthiness depends on how effectively it meets its interest obligations. Therefore, Interest Coverage Ratio is one of the important criteria to factor in before making any investment decision.
Interest Coverage Ratio = Earnings before Interest & Taxes (EBIT) divided by Interest Expense.
Interest Coverage Ratio suggests how many times the interest could be paid from earnings and gauges the margin of safety a firm has for paying interest.
An interest coverage ratio lower than one suggests that the company is unable to fulfill its interest obligations and could default on repaying debt. A company capable of generating earnings well above its interest expense can withstand financial hardships. One should also
track the company’s past performance to determine whether the interest coverage ratio has improved or worsened over a period of time.
Dillard's, Inc. DDS, Avis Budget Group, Inc. CAR, Cadence Design Systems, Inc. CDNS and Univar Solutions Inc. UNVR boast an impressive interest coverage ratio.
The Winning Strategy
Apart from having an Interest Coverage ratio that is more than the industry average, adding a favorable Zacks Rank and a VGM Score of A or B to your search criteria should lead to better results.
Interest Coverage Ratio greater than X-Industry Median
Price greater than or equal to 5: The stocks must all be trading at a minimum of $5 or higher.
5-Year Historical EPS Growth (%) greater than X-Industry Median: Stocks with a strong EPS growth history.
Projected EPS Growth (%) greater than X-Industry Median: This is the projected EPS growth over the next three to five years. This shows that the stock has near-term earnings growth potential.
Average 20-Day Volume greater than 100,000: A substantial trading volume ensures that the stock is easily tradable.
Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
VGM Score of less than or equal to B: Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best upside potential.
Here are four of the 10 stocks that qualified the screening:
Dillard's, which operates retail department stores, sports a Zacks Rank #1 and has a VGM Score of A. Its expected EPS growth rate for three-five years is 14.6%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial year sales suggests growth of 6.1% from the year-ago period. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. The stock has zoomed 86.2% in the past year.
Avis Budget, a leading global provider of mobility solutions, which flaunts a Zacks Rank #1 and has a VGM Score of A. Its expected EPS growth rate for three-five years is 19.4%.
The Zacks Consensus Estimate for Avis Budget Group’s current financial year sales and EPS suggests growth of 22.1% and 70.7%, respectively, from the year-ago period. Avis Budget has a trailing four-quarter earnings surprise of 102.1%, on average. The stock has rallied 83.4% in the past year.
Cadence Design Systems, which provides software, hardware, services, and reusable integrated circuit design blocks globally, carries a Zacks Rank #2 and has a VGM Score of B. The expected EPS growth rate for three-five years is 17%.
The Zacks Consensus Estimate for Cadence Design Systems’ current financial year sales and EPS suggests growth of 13.8% and 19.8%, respectively, from the year-ago period. CDNS has a trailing four-quarter earnings surprise of 10.6%, on average. The stock has jumped 13.8% in the past year.
Univar Solutions, a leading global chemical and ingredient distributor and provider of value-added specialty services, carries a Zacks Rank #2 and has a VGM Score of B. Its expected EPS growth rate for three-five years is 15.8%.
The Zacks Consensus Estimate for Univar Solutions’ current financial year sales and EPS suggests growth of 16.7% and 46.9%, respectively, from the year-ago period. In the last reported quarter, UNVR’s bottom line outperformed the Zacks Consensus by a margin of 27.4%. The stock has risen 11.6% in the past year.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.4% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Avis Budget Group, Inc. (CAR): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Cadence Design Systems, Inc. (CDNS): Free Stock Analysis Report
Univar Solutions Inc. (UNVR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc. DDS, Avis Budget Group, Inc. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's, Inc. DDS, Avis Budget Group, Inc. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's, Inc. DDS, Avis Budget Group, Inc. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's, Inc. DDS, Avis Budget Group, Inc. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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a720ec92-e295-4e28-96fd-2709a87f582f
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719361.0
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2022-06-13 00:00:00 UTC
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3 Top-Ranked Momentum Stocks to Buy Using Driehaus Strategy
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DDS
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https://www.nasdaq.com/articles/3-top-ranked-momentum-stocks-to-buy-using-driehaus-strategy
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nan
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Richard Herman Driehaus’ investing strategy has always helped investors with an appetite for high risk. In fact, the investment strategy can be used to choose the best momentum stocks with the “buy high and sell higher" theory.
To that end, stocks like Caleres, Inc. CAL, Dillard's, Inc. DDS and ICL Group Ltd ICL have been selected as the momentum picks for the day using the Driehaus strategy.
A Detailed Look Into the Driehaus Strategy
Regarding the strategy, Driehaus once said: “I would much rather invest in a stock that’s increasing in price and take the risk that it may begin to decline than invest in a stock that’s already in decline and try to guess when it will turn around.” In line with this insight, the American Association of Individual Investors (AAII) took into account the percentage 50-day moving average as one of the key criteria before creating a portfolio following Driehaus’ philosophy.
It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator — positive relative strength — has also been included in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend.
Moreover, AAII found that Driehaus primarily focuses on strong earnings growth rates and impressive earnings projections to pick potential outperformers. Companies with a strong history of beating estimates are also given importance in this strategy, which was made to provide better returns over the long term.
Screening Parameters
In order to make the strategy more profitable, we have considered only those stocks that have a Zacks Rank #1 (Strong Buy) and a Momentum Score of A or B. Our research shows that stocks with a Style Score of A or B when combined with a Zacks Rank #1 or 2 (Buy), offer the best upside potential.
• Zacks Rank equal to #1
No matter whether the market is good or bad, stocks with a Zacks Rank #1 have a proven history of outperformance. You can see the complete list of today’s Zacks #1 Rank stocks here.
• Last 5-year average EPS growth rates above 2%
Strong EPS growth history ensures improving business
• Trailing 12-month EPS growth greater than 0 and industry median
Higher EPS growth compared to the industry average indicates superior earnings performance
• Last four-quarter average EPS surprise greater than 5%
Solid EPS surprise history indicates better price performance
• Positive percentage change in 50-day moving average and relative strength over 4 weeks
Positive percentage change in 50-day moving average and relative strength signal uptrend
• Momentum Score equal to or less than B
A favorable momentum score indicates that it is ideal for taking advantage of the momentum with the highest probability of success.
These few parameters have narrowed down the universe of over 7,743 stocks to only 13.
Here are three of the 13 stocks:
Caleres is a footwear retailer and wholesaler. Caleres is involved in the operation of retail shoe stores and e-commerce websites as well as the design, sourcing and marketing of footwear for women and men. Caleres has a Momentum Score of B. The trailing four-quarter earnings surprise for CAL is 62.9%, on average.
Dillard's is a large departmental store chain featuring fashion apparel and home furnishing. Dillard's has a Momentum Score of B. The trailing four-quarter earnings surprise for DDS is 224.1%, on average.
ICL Group is engaged in the fertilizer and specialty chemical sectors. ICL has a Momentum Score of A. The trailing four-quarter earnings surprise for ICL is 37.6%, on average.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.4% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
ICL Group Ltd. (ICL): Free Stock Analysis Report
Caleres, Inc. (CAL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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To that end, stocks like Caleres, Inc. CAL, Dillard's, Inc. DDS and ICL Group Ltd ICL have been selected as the momentum picks for the day using the Driehaus strategy. The trailing four-quarter earnings surprise for DDS is 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
|
To that end, stocks like Caleres, Inc. CAL, Dillard's, Inc. DDS and ICL Group Ltd ICL have been selected as the momentum picks for the day using the Driehaus strategy. The trailing four-quarter earnings surprise for DDS is 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
|
To that end, stocks like Caleres, Inc. CAL, Dillard's, Inc. DDS and ICL Group Ltd ICL have been selected as the momentum picks for the day using the Driehaus strategy. The trailing four-quarter earnings surprise for DDS is 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
|
To that end, stocks like Caleres, Inc. CAL, Dillard's, Inc. DDS and ICL Group Ltd ICL have been selected as the momentum picks for the day using the Driehaus strategy. The trailing four-quarter earnings surprise for DDS is 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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16ab72f4-aaa8-4558-baf6-231dbe539a25
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719362.0
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2022-06-10 00:00:00 UTC
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5 Stocks With High ROE to Buy as Recession Fears Escalate
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DDS
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https://www.nasdaq.com/articles/5-stocks-with-high-roe-to-buy-as-recession-fears-escalate
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nan
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The U.S. equity markets witnessed a sharp downtrend in the past couple of trading sessions due to heightened concerns regarding the economy's health. Investors mostly remained anxious about high inflation data and waited for cues for probable recession from the upcoming May Consumer Price Index report scheduled to be released today. The markets seemed to have factored in a steady rise in yields, with the Fed Chairman promulgating an aggressive monetary policy to tame the rising inflationary pressure.
After one of the biggest interest rate hikes since 2000 that put the federal funds rate in a range of 0.75-1%, the Fed aims to enforce similar increases in the remainder of the year to restore price stability. The central bank has also offered a broad outline of its reduction in asset holdings for monetary tightening. The Fed intends to reduce Treasury holdings and mortgage-backed securities by $30 billion and $17.5 billion, respectively, from June and extend the tallies to $65 billion and $35 billion after three months. But several experts feel that unless the Fed employs more stringent measures, the economy is likely to face a recession in early 2023.
As investors employ a wait-and-see approach in a classic example of “backing and filling” in the market, they can benefit from ‘cash cow’ stocks that garner higher returns. However, identifying cash-rich stocks alone does not make for a solid investment proposition unless it is backed by attractive efficiency ratios like return on equity (ROE). A high ROE ensures that the company is reinvesting cash at a high rate of return. Louisiana-Pacific Corporation LPX, The Interpublic Group of Companies, Inc. IPG, Qualcomm Incorporated QCOM, Steel Dynamics, Inc. STLD and Dillard's, Inc. DDS are some of the stocks with high ROE to profit.
Why ROE?
ROE = Net Income/Shareholders’ Equity
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company. In other words, this financial metric enables investors to identify companies that diligently deploy cash for higher returns.
Moreover, ROE is often used to compare the profitability of a company with other firms in the industry — the higher, the better. It measures how well a company is multiplying its profits without investing new equity capital and portrays management’s efficiency in rewarding shareholders with attractive risk-adjusted returns.
Screening Parameters
In order to shortlist stocks that are cash-rich with high ROE, we have added Cash Flow greater than $1 billion and ROE greater than X-Industry as our primary screening parameters. In addition, we have taken a few other criteria into consideration to arrive at a winning strategy.
Price/Cash Flow lesser than X-Industry: This metric measures how much investors pay for $1 of free cash flow. A lower ratio indicates that investors need to pay less for a better cash flow-generating stock.
Return on Assets (ROA) greater than X-Industry: This metric determines how much profit a company earns for every dollar of asset, which includes cash, accounts receivable, property, equipment, inventory and furniture. The higher the ROA, the better it is for the company.
5-Year EPS Historical Growth greater than X-Industry: This criterion indicates that continued earnings momentum has translated into solid cash strength.
Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
Here are five of the 19 stocks that qualified the screen:
Louisiana-Pacific Corporation: Headquartered in Nashville, TN, Louisiana-Pacific is a leading manufacturer of sustainable, quality engineered wood building materials, structural framing products and exterior siding for use in residential, industrial and light commercial construction. The company’s products are used primarily in new home construction, repair and remodeling and outdoor structures.
Louisiana-Pacific delivered a trailing four-quarter earnings surprise of 14%, on average. It has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Interpublic Group of Companies, Inc.: New York-based Interpublic, together with its subsidiaries, provides advertising and marketing services worldwide. It offers multi-channel advertising and communications and marketing services such as meeting and event production, public relations, sports and entertainment marketing, corporate and brand identity and strategic marketing consulting to a broad list of customers in more than 110 countries.
The company has a long-term earnings growth expectation of 4.4% and delivered a trailing four-quarter earnings surprise of 26%, on average. Interpublic carries a Zacks Rank #2.
Qualcomm Incorporated: Headquartered in San Diego, CA, Qualcomm designs, manufactures and markets digital wireless telecom products and services based on the Code Division Multiple Access (CDMA) technology. The products include CDMA-based integrated circuits (ICs) and system software for wireless voice and data communications as well as global positioning system products. The company delivered a trailing four-quarter earnings surprise of 11.4%, on average.
Qualcomm carries a Zacks Rank #2. The company has a long-term earnings growth expectation of 16.3%. Qualcomm is well-positioned to benefit from solid 5G traction with greater visibility and a diversified revenue stream to meet its long-term revenue targets.
Steel Dynamics, Inc.: Based in Fort Wayne, IN, Steel Dynamics is among the leading steel producers and metal recyclers in the United States. It currently has a steelmaking and coating capacity of more than 11 million tons. Steel Dynamics is one of the most diversified steel companies in the United States, with a vast range of specialty products.
This Zacks #1 Ranked company delivered a trailing four-quarter earnings surprise of 2.5%, on average. Steel Dynamics' customer-focused approach, market diversification and low-cost operating platforms position the company well for growth opportunities.
Dillard's, Inc.: Founded in 1938, Dillard's is a large departmental store chain featuring fashion apparel and home furnishings. Its merchandise mix consists of both branded and private-label items. The company’s strategy is to offer more fashion-forward and trendy products to attract customers.
Dillard’s is benefiting from continued momentum in consumer demand and better inventory management. The company has a long-term earnings growth expectation of 14.6% and delivered a trailing four-quarter earnings surprise of 224.1%, on average. Dillard’s sports a Zacks Rank #1.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
QUALCOMM Incorporated (QCOM): Free Stock Analysis Report
Steel Dynamics, Inc. (STLD): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Interpublic Group of Companies, Inc. The (IPG): Free Stock Analysis Report
LouisianaPacific Corporation (LPX): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Louisiana-Pacific Corporation LPX, The Interpublic Group of Companies, Inc. IPG, Qualcomm Incorporated QCOM, Steel Dynamics, Inc. STLD and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. Dillard's, Inc. (DDS): Free Stock Analysis Report Investors mostly remained anxious about high inflation data and waited for cues for probable recession from the upcoming May Consumer Price Index report scheduled to be released today.
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Louisiana-Pacific Corporation LPX, The Interpublic Group of Companies, Inc. IPG, Qualcomm Incorporated QCOM, Steel Dynamics, Inc. STLD and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. Dillard's, Inc. (DDS): Free Stock Analysis Report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report
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Louisiana-Pacific Corporation LPX, The Interpublic Group of Companies, Inc. IPG, Qualcomm Incorporated QCOM, Steel Dynamics, Inc. STLD and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. Dillard's, Inc. (DDS): Free Stock Analysis Report Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
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Louisiana-Pacific Corporation LPX, The Interpublic Group of Companies, Inc. IPG, Qualcomm Incorporated QCOM, Steel Dynamics, Inc. STLD and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. Dillard's, Inc. (DDS): Free Stock Analysis Report A high ROE ensures that the company is reinvesting cash at a high rate of return.
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2022-06-10 00:00:00 UTC
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Signet (SIG) Shares Rise 9% on Q1 Earnings & Sales Beat
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https://www.nasdaq.com/articles/signet-sig-shares-rise-9-on-q1-earnings-sales-beat
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Shares of Signet Jewelers Limited SIG rose 9.1% as the company posted solid first-quarter fiscal 2023 results, wherein the top and bottom lines cruised past the Zacks Consensus Estimate and grew year over year. The company’s impressive sales performance was backed by its healthy inventory status, data-driven marketing and connected commerce capacities. Customers’ favorable response to Signet’s assortments, especially high price point offerings, precious metals and diamonds, also drove results.
While the company encountered softening in lower price points stemming from increased inflation and the absence of a stimulus, it countered these through digital capacities, tailored assortments and better services to retain the increased average transaction value (“ATV”).
Quarterly Details
Signet reported adjusted earnings of $2.86 per share, beating the Zacks Consensus Estimate of $2.29. The bottom line rose 28.3% from the year-ago quarter figure of $2.23.
Signet Jewelers Limited Price, Consensus and EPS Surprise
Signet Jewelers Limited price-consensus-eps-surprise-chart | Signet Jewelers Limited Quote
This jewelry retailer generated total sales of $1,838.3 million, surpassing the Zacks Consensus Estimate of $1,809 million. The top line also increased 8.9% year over year. Same-store sales rose 2.5% year over year.
A Sneak Peek Into Margins
The adjusted gross profit in the reported quarter amounted to $728 million, up from $678.4 million in the year-ago fiscal’s comparable quarter.
SG&A expenses came in at $533.1 million, up from $512 million in the prior fiscal year’s comparable quarter. SIG reported an adjusted operating income of $194.6 million, up from the $168.9 million recorded in the year-ago fiscal quarter. As a rate of sales, the adjusted operating margin expanded 60 basis points to 10.6%.
Segment Discussion
Sales in the North America segment increased 5.4% year over year to $1.7 billion. Same-store sales fell 0.9% from the year-ago quarter’s levels due to lower number of transactions, partly compensated by a rise in ATVs. ATV rose more than 19% year over year.
Sales in the International segment surged 91.6% year over year to $110 million. Same-store sales in the segment increased 102.6% year over year, reflecting the impacts of increased ATVs and the number of transactions and operating restrictions in the year-ago period.
Image Source: Zacks Investment Research
Financial Details
Signet ended the quarter with cash and cash equivalents of $927.6 million, accounts receivable (net) of $17.1 million and inventories of $2,216.2 million. The long-term debt was $147.1 million at the end of the reported quarter. Total shareholders’ equity was $1,256.8 million at the end of the quarter.
In the first quarter of fiscal 2023, Signet used net cash of $135.5 million from operating activities. It had adjusted free cash flow of a negative $156.3 million as of Apr 30, 2022.
As of Apr 30, 2022, the company bought back roughly 4.3 million shares for $318.2 million. Management also expanded its buyback authorization by $500 million. SIG has buybacks worth nearly $645 million left under the expanded authorization. The company’s board declared a quarterly cash dividend of 20 cents per share for the second quarter of fiscal 2023. This dividend is payable on Aug 26, 2022 to shareholders of record as of Jul 29.
We note that Signet had 2,854 stores as of Apr 30, 2022.
Guidance
Signet reiterated its guidance for fiscal 2023. It continues to expect total revenues in the band of $8.03-$8.25 billion, up from the $7.83 billion delivered in fiscal 2022. The adjusted operating income is still anticipated in the range of $921-$974 million, suggesting a rise from the $908.1 million recorded last fiscal.
Adjusted earnings per share (EPS) are envisioned in the bracket of $12.72-$13.47 in fiscal 2023 compared with the $12.28 earned in fiscal 2022.
Capital expenditures for the fiscal are likely to be nearly $250 million.
For the second quarter of fiscal 2023, management expects revenues in the range of $1.79-$1.82 billion. The adjusted operating income is expected in the range of $188-$204 million.
Management’s guidance assumes some consumer pressure, which includes inflation and the stimulus impact similar to current levels. It expects a certain shift in consumer discretionary spending from the jewelry category, indicating the decelerating levels of consumer confidence and the pent-up demand for experience-oriented categories in the fiscal year. This company’s initiatives to lower supply-chain hurdles have been effective so far and management does not expect any considerable bottlenecks in the availability of inventory.
Shares of this Zacks Rank #4 (Sell) player have declined 22.5% in the past six months compared with the industry’s decline of 38.6%.
Solid Picks You May Look at
Here are some better-ranked stocks – Dillard's, Inc. DDS, MarineMax HZO and Dollar Tree DLTR.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
MarineMax, a recreational boat and yacht retailer and a superyacht services company, sports a Zacks Rank #1. MarineMax has a trailing four-quarter earnings surprise of 32.8%, on average.
The Zacks Consensus Estimate for HZO’s current financial-year sales suggests growth of 16% from the year-ago period.
Dollar Tree, a discount variety retail store operator, sports a Zacks Rank #1. The company has an expected EPS growth rate of 15.5% for three to five years.
The Zacks Consensus Estimate for Dollar Tree’s current financial-year sales suggests growth of 6.7% from the year-ago period. DLTR has a trailing four-quarter earnings surprise of 13.1%, on average.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
Signet Jewelers Limited (SIG): Free Stock Analysis Report
MarineMax, Inc. (HZO): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Solid Picks You May Look at Here are some better-ranked stocks – Dillard's, Inc. DDS, MarineMax HZO and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Solid Picks You May Look at Here are some better-ranked stocks – Dillard's, Inc. DDS, MarineMax HZO and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Solid Picks You May Look at Here are some better-ranked stocks – Dillard's, Inc. DDS, MarineMax HZO and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Solid Picks You May Look at Here are some better-ranked stocks – Dillard's, Inc. DDS, MarineMax HZO and Dollar Tree DLTR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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2022-06-09 00:00:00 UTC
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Ulta Beauty (ULTA) Up More Than 10% in 3 Months: Here's Why
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https://www.nasdaq.com/articles/ulta-beauty-ulta-up-more-than-10-in-3-months%3A-heres-why
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Ulta Beauty, Inc. ULTA appears to be in solid shape, with its shares up 12.1% in the past three months against the industry’s decline of 11.7%. The company has been benefiting from its strong omnichannel operations and an impressive skincare category. The impact of these upsides was visible in the beauty retailer’s first-quarter fiscal 2022 results, wherein the top and bottom lines advanced year over year and surpassed the Zacks Consensus Estimate. Also, management raised its guidance for fiscal 2022.
The Zacks Consensus Estimate for the current fiscal-year earnings per share (EPS) has jumped from $18.58 to $20.07 over the past 30 days. Let’s delve deeper into the factors backing this Zacks Rank #1 (Strong Buy) company, which flaunts a long-term EPS growth rate of 10.7%.
Ulta Beauty Inc. Price, Consensus and EPS Surprise
Ulta Beauty Inc. price-consensus-eps-surprise-chart | Ulta Beauty Inc. Quote
Solid Omnichannel Operations & Skincare Category
Ulta Beauty has been enriching its omnichannel experience through launches like Beauty to Go, options like same-day delivery (in some stores) and unique salon services across stores, among others. In the first quarter of fiscal 2022, the company opened 26 Ulta Beauty at Target shops and ended the quarter with 127 locations. Apart from this, ULTA is benefiting from its Wellness Shop launch (in the fourth quarter of fiscal 2021), which is a cross-category platform providing guests with self-care for the mind, body and spirit across several stores and online. On its first-quarterearnings call management stated that its Wellness Shop reached nearly 55% of its store fleet. The company’s buy online, pick up in store (BOPIS) continued to gain traction in the first quarter. BOPIS sales rose 26% and contributed 21% to e-commerce sales.
Ulta Beauty has been seeing market share gains in major beauty categories for a while now, with skincare standing out due to consumers’ rising interest in self-care and the company’s focus on newness and innovation. The trend continued in the first quarter of fiscal 2022, wherein skincare comparable sales (comps) saw strong double-digit growth. The category growth was backed by moisturizers, acne treatments and eye serums. Guests’ increased focus on self-care and maintaining healthy skincare routines works well for this category. Apart from these, the company has been seeing strength in the fragrance and haircare category, with product newness being a solid driver. Even the makeup category is on track for full recovery.
Robust Q1 Results & Raised Guidance
First-quarter fiscal 2022 results were backed by the strong execution of the company’s strategies and solid guest demand, with the latter gaining from the company’s exciting brand launches. Also, increased in-person activities and travel have been leading to the revival of the beauty category demand. While lower than pre-pandemic levels, store traffic is improving. That said, digital trends have also been impressive. All of Ulta Beauty’s major categories, including hair care, fragrance and bath, skincare and makeup, delivered double-digit growth in comps.
Net sales surged 21% year over year to $2,345.9 million and beat the Zacks Consensus Estimate of $2,135 million. The uptick can be attributed to reduced pandemic-induced restrictions. Comps jumped 18%, driven by a 10% improvement in transactions along with a 7.3% increase in the average ticket. Transactions gained on a double-digit rise in store transactions and the average ticket increased on a rise in the average selling price. Solid sales and the company’s ongoing cost-optimization efforts aided the bottom line. Ulta Beauty posted an EPS of $6.30, which beat the Zacks Consensus Estimate of $4.44. In the first quarter of fiscal 2021, the adjusted EPS amounted to $4.10.
Image Source: Zacks Investment Research
Due to a solid first-quarter show and sales trends witnessed in the second quarter so far, management raised its guidance for fiscal 2022. It now expects fiscal 2022 net sales in the range of $9.35-$9.55 billion compared with the $9.05-$9.15 billion range expected earlier. Comps are expected to rise in the range of 6-8% now compared with the earlier view of 3-4%. Comps are likely to be in the low-to-mid-teens range in the first half and moderate to a low-single-digit rise in the second half. Management now expects the operating margin between 14.1% and 14.4%, which was earlier expected between 13.7% and 14%. For fiscal 2022, earnings are envisioned in the range of $19.20-$20.10 per share now, up from the $18.2-$18.7 per share range expected before.
Hence, Ulta Beauty is set to continue with its stellar performance.
Other Retail Stocks to Bet on
Here are some other top-ranked stocks – Dillard's, Inc. DDS, MarineMax HZO and The Kroger Co. KR.
Dillard's, which operates retail department stores, sports a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
MarineMax, a recreational boat and yacht retailer and a superyacht services company, sports a Zacks Rank #1. MarineMax has a trailing four-quarter earnings surprise of 32.8%, on average.
The Zacks Consensus Estimate for HZO’s current financial-year sales suggests growth of 16% from the year-ago period.
Kroger, a renowned supermarket company, carries a Zacks Rank #2 (Buy). The company has an expected EPS growth rate of 9.9% for three to five years.
The Zacks Consensus Estimate for Kroger’s current financial-year sales suggests growth of 3.2% from the year-ago period. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
MarineMax, Inc. (HZO): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Retail Stocks to Bet on Here are some other top-ranked stocks – Dillard's, Inc. DDS, MarineMax HZO and The Kroger Co. KR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Other Retail Stocks to Bet on Here are some other top-ranked stocks – Dillard's, Inc. DDS, MarineMax HZO and The Kroger Co. KR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Other Retail Stocks to Bet on Here are some other top-ranked stocks – Dillard's, Inc. DDS, MarineMax HZO and The Kroger Co. KR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Other Retail Stocks to Bet on Here are some other top-ranked stocks – Dillard's, Inc. DDS, MarineMax HZO and The Kroger Co. KR. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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2022-06-08 00:00:00 UTC
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Target (TGT) to Tackle Excess Inventory, Slashes Margin View
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https://www.nasdaq.com/articles/target-tgt-to-tackle-excess-inventory-slashes-margin-view
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Target Corporation TGT announced aggressive actions to optimize its inventory for the rest of fiscal 2022 in response to the tough operating environment, thanks to soaring inflation and changing consumer behavior. The actions include additional markdowns, removing excess inventory and canceling orders. Some other notable efforts are the addition of incremental holding capacity near ports to enable supply-chain flexibility, pricing actions in a bid to mitigate high transportation and fuel costs, and working with suppliers to shorten travel time in the supply-chain process.
We note that inventory rose 43% year over year in the last reported quarter. Target ended up carrying high inventory in several categories, wherein the slowdown in sales was more pronounced than expected. Also, the first-quarter fiscal 2022 operating margin contracted 450 basis points to 5.3%.
The company is also undertaking cost-control measures, such as working with vendors to offset inflationary pressures and driving continued operating efficiencies. It is on track to add five distribution centers in the next two fiscal years to enhance its supply-chain situation.
TGT remains focused on maintaining strength in frequency categories like Food & Beverage, Household Essentials, and Beauty. The company plans to sell fewer products in its home categories as customers have reduced discretionary spending due to the ongoing inflation.
Actions to clear excess inventory, be it deep discounts or cancellation of orders, are likely to weigh on margins. As a result, management envisions a second-quarter operating margin rate of 2%, down from the aforementioned 5.3%.
We note that shares of this company have plunged 32.1% year to date compared with the industry’s decline of 17.4%.
Image Source: Zacks Investment Research
However, this Zacks Rank #3 (Hold) stock expects to get back on track in the second half of fiscal 2022 and beyond. Notably, TGT predicts an operating margin rate of 6% for the second half of fiscal 2022. Also, the company continues to anticipate low to mid-single-digit revenue growth for fiscal 2022.
Target has been undertaking several strategic endeavors — be it new stores, owned brand innovations, national brand partnerships, or expansion of same-day services and rollout of sortation centers — to drive engagement, traffic and market share gains.
These have been contributing to the company’s sales performance, as evident from first-quarter fiscal 2022 results, wherein the top line beat the Zacks Consensus Estimate and grew year over year. Comparable sales increased for the 20th successive quarter, gaining from growth in both store and digital channels. Target registered a sturdy performance in Food & Beverage, Essentials and Beauty categories.
Stocks to Consider
Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR.
Dillard’s operates as a departmental store chain, featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently has a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 25.2%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Kroger, which provides an array of goods ranging from household essentials, groceries and electronics to toys and apparel for men, women and kids, currently carries a Zacks Rank #2. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
The Zacks Consensus Estimate for Kroger’s current financial-year sales and EPS suggests growth of 3.2% and 4.1%, respectively, from the year-ago period’s reported figures. KR has an expected EPS growth rate of 9.9% for three-five years.
Zacks' Top Picks to Cash in on Electric Vehicles
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See 5 EV Stocks With Extreme Upside Potential >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Target Corporation (TGT): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. Dillard's, Inc. (DDS): Free Stock Analysis Report DDS has a trailing four-quarter earnings surprise of 224.1%, on average.
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9062be37-a171-4210-9fbb-75e1605573a1
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719366.0
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2022-06-08 00:00:00 UTC
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Here's How Much a $1000 Investment in Dillard's Made 10 Years Ago Would Be Worth Today
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DDS
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https://www.nasdaq.com/articles/heres-how-much-a-%241000-investment-in-dillards-made-10-years-ago-would-be-worth-today-0
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nan
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nan
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For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.
What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today?
Dillard's' Business In-Depth
With that in mind, let's take a look at Dillard's' main business drivers.
Dillard's Inc. is a large departmental store chain featuring fashion apparel and home furnishings. As of Apr 30, 2022, Dillard’s had about 251 namesake outlets and 29 clearance centers spanning in 29 states. The company also sells its merchandize through the Internet at www.dillards.com. Stores are mainly located in the Southwest, Southeast, and Midwest regions of the United States.
The company’s primary product categories comprise women’s and children’s apparel, shoes, accessories and lingerie, men’s clothing and accessories, cosmetics, home, and children’s clothing. Its merchandise mix consists of both branded and private-label items. The company’s strategy is to offer more fashion-forward and trendy products in order to attract customers.
Dillard’s also owns a real estate investment trust (REIT), which helps it to enhance its liquidity position. Revenues of a REIT company mostly come from either rent or mortgage payments. The company has an obligation to distribute at least 90% of its taxable income to investors in the form of dividends. A REIT company does not have to pay taxes at the corporate level.
Moreover, Dillard’s has a wholly owned captive insurance company, which enables it to manage its risks more efficiently and provide access to more reinsurance markets. A captive insurance company is an ‘in- house’ insurance company with limited purpose, which insures the risks of its parent company. The captive insurance company may reinsure some or all risks, or may retain such risks of its parent company. The primary goal of forming a captive insurance company is to retain the profit that would have been made by an outside third-party insurance company or in a situation where the coverage is not available for business risks.
Bottom Line
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Dillard's ten years ago, you're likely feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in June 2012 would be worth $5,098.75, or a 409.88% gain, as of June 8, 2022. Investors should keep in mind that this return excludes dividends but includes price appreciation.
The S&P 500 rose 216.40% and the price of gold increased 11.77% over the same time frame in comparison.
Going forward, analysts are expecting more upside for DDS.
Shares of Dillard's have outpaced the industry in a year, courtesy of its robust earnings surprise trend, which continued in first-quarter fiscal 2022. Both top and bottom lines beat the Zacks Consensus Estimate and rose year over year. This marked the eighth straight quarter of an earnings beat. Results gained from the continued momentum in consumer demand and better inventory levels. The company witnessed robust sales in men’s apparel and accessories, ladies, and children’s apparel. This along with improved margins and lower operating expenses as a percentage of sales led to bottom-line growth. However, it continues to witness a rising trend in SG&A expenses. Also, stiff competition and raw material price inflation remain concerns.
Over the past four weeks, shares have rallied 12.62%, and there have been 2 higher earnings estimate revisions in the past two months for fiscal 2022 compared to none lower. The consensus estimate has moved up as well.
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See 5 EV Stocks With Extreme Upside Potential >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Going forward, analysts are expecting more upside for DDS.
|
What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Going forward, analysts are expecting more upside for DDS.
|
What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Going forward, analysts are expecting more upside for DDS.
|
It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? What if you'd invested in Dillard's (DDS) ten years ago? Going forward, analysts are expecting more upside for DDS.
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b4b17d16-f4de-4e58-a762-cdf1013e58c7
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719367.0
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2022-06-07 00:00:00 UTC
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Kohl's (KSS) in Talks With Franchise Group for Potential Sale
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DDS
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https://www.nasdaq.com/articles/kohls-kss-in-talks-with-franchise-group-for-potential-sale
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nan
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nan
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Kohl’s Corporation KSS unveiled that its Board of Directors entered into exclusive negotiations with a holding company of a collection of market-leading and emerging brands — Franchise Group, Inc. (“FRG”) for the potential sale of the former for $60 per share. The three weeks negotiation period will help FRG and its financing partners to work on due diligence and financing arrangements. This period will also enable the involved parties to finish the negotiation of binding documentation.
Management highlighted that the transaction is subject to approvals of the Boards of Directors of Kohl’s and FRG. All said, Kohl’s remained committed to maximizing shareholders value.
Image Source: Zacks Investment Research
What Else Should You Know?
Kohl’s lowered its guidance for full-year 2022 due to dismal results in the first quarter, with the top and the bottom line declining year over year and lagging the Zacks Consensus Estimate. While the quarter began on a solid note, sales significantly weakened in April as the company faced tough comparisons with the year-ago period, which benefited from the stimulus. Also, an inflationary consumer landscape in the quarter under review hurt sales.
Kohl's posted adjusted earnings of 11 cents per share, which plunged 90% from the $1.05 reported in the year-ago period. The bottom line came way below the Zacks Consensus Estimate of 75 cents. Total revenues came in at $3,715 million, down 4.4% from the prior-year quarter’s levels. The metric fell short of the Zacks Consensus Estimate of $3,854 million. Net sales dropped 5.2% in the quarter to $3,471 million. Comps also decreased by 5.2% in the quarter.
Management lowered its guidance for full-year 2022, considering the first-quarter results and macroeconomic landscape. Management does not expect many headwinds including inflation to subside in the near term. It now expects net sales growth of flat to 1%. The operating margin is likely to be 7-7.2%. Kohl’s envisions earnings per share (EPS) in the range of $7.45-$7.85 (excluding non-recurring charges). The company posted an adjusted EPS of $7.33 in full-year 2021. Earlier, management expected net sales to grow 2-3%. The operating margin was anticipated at 7.2-7.5% and the EPS was guided in the range of $7.00-$7.50 (excluding non-recurring charges).
The Zacks Rank #5 (Strong Sell) company’s shares have slumped 21.1% in the past three months compared with the industry’s 1.3% decline.
Retail Stocks to Bet on
Here are some better-ranked stocks — Dillard's, Inc. DDS, Build-A-Bear Workshop, Inc. BBW and The Kroger Co. KR.
Dillard's, a retail department store operator, sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial year sales suggests growth of 6.1% from the year-ago period’s reported figure.
Build-A-Bear, a multi-channel retailer of plush animals and related products, currently carries a Zacks Rank #2 (Buy). BBW has a trailing four-quarter earnings surprise of 169.7%, on average.
The Zacks Consensus Estimate for Build-A-Bear's current financial year sales suggests growth of 10.4% from the year-ago period's reported figures.
Kroger, which operates food and drug stores, multi-department stores, marketplace stores and price impact warehouses, carries a Zacks Rank #2. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
The Zacks Consensus Estimate for Kroger’s current financialyear sales suggests growth of 3.2% from the year-ago period’s level.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Kohl's Corporation (KSS): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
BuildABear Workshop, Inc. (BBW): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Retail Stocks to Bet on Here are some better-ranked stocks — Dillard's, Inc. DDS, Build-A-Bear Workshop, Inc. BBW and The Kroger Co. KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Retail Stocks to Bet on Here are some better-ranked stocks — Dillard's, Inc. DDS, Build-A-Bear Workshop, Inc. BBW and The Kroger Co. KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Retail Stocks to Bet on Here are some better-ranked stocks — Dillard's, Inc. DDS, Build-A-Bear Workshop, Inc. BBW and The Kroger Co. KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Retail Stocks to Bet on Here are some better-ranked stocks — Dillard's, Inc. DDS, Build-A-Bear Workshop, Inc. BBW and The Kroger Co. KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. Dillard's, Inc. (DDS): Free Stock Analysis Report
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d5b991f9-a3e7-4827-b864-3608d0070860
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719368.0
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2022-06-07 00:00:00 UTC
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Validea David Dreman Strategy Daily Upgrade Report - 6/7/2022
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DDS
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https://www.nasdaq.com/articles/validea-david-dreman-strategy-daily-upgrade-report-6-7-2022
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nan
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nan
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The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals.
DILLARD'S, INC. (DDS) is a mid-cap value stock in the Retail (Department & Discount) industry. The rating according to our strategy based on David Dreman changed from 69% to 76% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Dillard's, Inc. is a retailer of fashion apparel, cosmetics and home furnishings. The Company operates through two segments: the operation of retail department stores and a general contracting construction company. It operates approximately 280 Dillard's stores, including 30 clearance centers, and an Internet store offering a selection of merchandise including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods. The Company also operates a general contracting construction company, CDI Contractors, LLC (CDI), whose business includes constructing and remodeling stores for the Company. The Company's merchandise selections include its lines of exclusive brand merchandise, such as Antonio Melani, Gianni Bini, GB, Roundtree & Yorke and Daniel Cremieux. Its retail stores are located primarily in shopping malls and open-air centers throughout the Southwest, Southeast and Midwest regions of the United States.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: FAIL
P/E RATIO: PASS
PRICE/CASH FLOW (P/CF) RATIO: PASS
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: FAIL
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: PASS
Detailed Analysis of DILLARD'S, INC.
Full Guru Analysis for DDS
Full Factor Report for DDS
AMERICAN EQUITY INVESTMENT LIFE HOLDING (AEL) is a mid-cap value stock in the Insurance (Life) industry. The rating according to our strategy based on David Dreman changed from 63% to 77% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: American Equity Investment Life Holding Company is engaged in the development and sale of fixed index and fixed rate annuity products. The Company issues fixed annuity products through its life insurance subsidiaries, American Equity Investment Life Insurance Company (American Equity Life), American Equity Investment Life Insurance Company of New York (American Equity Life of New York) and Eagle Life Insurance Company (Eagle Life). Its product types include fixed index annuities, annual reset fixed rate annuities, multi-year fixed-rate annuities and single premium immediate annuities. The Company markets its products through a variable cost distribution network, including independent agents through independent marketing organizations (IMOs), broker/dealers, banks and registered investment advisors. Its financing receivables consist of three mortgage loan portfolio segments: commercial mortgage loans, agricultural mortgage loans and residential mortgage loans.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: FAIL
P/E RATIO: PASS
PRICE/CASH FLOW (P/CF) RATIO: PASS
PRICE/BOOK (P/B) VALUE: PASS
PRICE/DIVIDEND (P/D) RATIO: FAIL
PAYOUT RATIO: PASS
RETURN ON EQUITY: FAIL
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
Detailed Analysis of AMERICAN EQUITY INVESTMENT LIFE HOLDING
Full Guru Analysis for AEL
Full Factor Report for AEL
More details on Validea's David Dreman strategy
About David Dreman: Dreman's Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking as the best of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. At the time Dreman published Contrarian Investment Strategies: The Next Generation, the fund had been ranked number one in more time periods than any of the 3,175 funds in Lipper's database. In addition to managing money, Dreman is also a longtime Forbes magazine columnist.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DILLARD'S, INC. (DDS) is a mid-cap value stock in the Retail (Department & Discount) industry. Detailed Analysis of DILLARD'S, INC. Full Guru Analysis for DDS Full Factor Report for DDS AMERICAN EQUITY INVESTMENT LIFE HOLDING (AEL) is a mid-cap value stock in the Insurance (Life) industry. The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman.
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Detailed Analysis of DILLARD'S, INC. Full Guru Analysis for DDS Full Factor Report for DDS AMERICAN EQUITY INVESTMENT LIFE HOLDING (AEL) is a mid-cap value stock in the Insurance (Life) industry. DILLARD'S, INC. (DDS) is a mid-cap value stock in the Retail (Department & Discount) industry. The Company issues fixed annuity products through its life insurance subsidiaries, American Equity Investment Life Insurance Company (American Equity Life), American Equity Investment Life Insurance Company of New York (American Equity Life of New York) and Eagle Life Insurance Company (Eagle Life).
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Detailed Analysis of DILLARD'S, INC. Full Guru Analysis for DDS Full Factor Report for DDS AMERICAN EQUITY INVESTMENT LIFE HOLDING (AEL) is a mid-cap value stock in the Insurance (Life) industry. DILLARD'S, INC. (DDS) is a mid-cap value stock in the Retail (Department & Discount) industry. The Company issues fixed annuity products through its life insurance subsidiaries, American Equity Investment Life Insurance Company (American Equity Life), American Equity Investment Life Insurance Company of New York (American Equity Life of New York) and Eagle Life Insurance Company (Eagle Life).
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DILLARD'S, INC. (DDS) is a mid-cap value stock in the Retail (Department & Discount) industry. Detailed Analysis of DILLARD'S, INC. Full Guru Analysis for DDS Full Factor Report for DDS AMERICAN EQUITY INVESTMENT LIFE HOLDING (AEL) is a mid-cap value stock in the Insurance (Life) industry. The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman.
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4abc2d75-1dd1-49da-b593-eb9bcaa69500
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719369.0
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2022-06-03 00:00:00 UTC
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Is IQ Chaikin U.S. Small Cap ETF (CSML) a Strong ETF Right Now?
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DDS
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https://www.nasdaq.com/articles/is-iq-chaikin-u.s.-small-cap-etf-csml-a-strong-etf-right-now-1
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nan
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Designed to provide broad exposure to the Style Box - Small Cap Blend category of the market, the IQ Chaikin U.S. Small Cap ETF (CSML) is a smart beta exchange traded fund launched on 05/16/2017.
What Are Smart Beta ETFs?
Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.
Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency.
There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies.
Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics.
Even though this space provides many choices to investors--think one of the simplest methodologies like equal-weighting and more complicated ones like fundamental and volatility/momentum based weighting--not all have been able to deliver first-rate results.
Fund Sponsor & Index
Managed by New York Life Investments, CSML has amassed assets over $202.68 million, making it one of the average sized ETFs in the Style Box - Small Cap Blend. Before fees and expenses, this particular fund seeks to match the performance of the NASDAQ Chaikin Power US Small Cap Index.
The NASDAQ Chaikin Power US Small Cap Index is a rules-based, quantitative index designed to enhance the NASDAQ US 1500 Index, by selecting stocks with the highest Chaikin Power Gauge rating.
Cost & Other Expenses
When considering an ETF's total return, expense ratios are an important factor. And, cheaper funds can significantly outperform their more expensive cousins in the long term if all other factors remain equal.
Annual operating expenses for CSML are 0.35%, which makes it on par with most peer products in the space.
It's 12-month trailing dividend yield comes in at 1.65%.
Sector Exposure and Top Holdings
Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
CSML's heaviest allocation is in the Financials sector, which is about 26.90% of the portfolio. Its Industrials and Information Technology round out the top three.
Looking at individual holdings, Dillards Inc-Cl A (DDS) accounts for about 0.62% of total assets, followed by Kezar Life Sciences Inc (KZR) and Liquidia Corp (LQDA).
The top 10 holdings account for about 4.6% of total assets under management.
Performance and Risk
Year-to-date, the IQ Chaikin U.S. Small Cap ETF has lost about -10.18% so far, and is down about -6.87% over the last 12 months (as of 06/03/2022). CSML has traded between $30.22 and $38.36 in this past 52-week period.
CSML has a beta of 1.26 and standard deviation of 31.22% for the trailing three-year period. With about 480 holdings, it effectively diversifies company-specific risk.
Alternatives
IQ Chaikin U.S. Small Cap ETF is a reasonable option for investors seeking to outperform the Style Box - Small Cap Blend segment of the market. However, there are other ETFs in the space which investors could consider.
IShares Russell 2000 ETF (IWM) tracks Russell 2000 Index and the iShares Core S&P SmallCap ETF (IJR) tracks S&P SmallCap 600 Index. IShares Russell 2000 ETF has $55.57 billion in assets, iShares Core S&P SmallCap ETF has $66.59 billion. IWM has an expense ratio of 0.19% and IJR charges 0.06%.
Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Small Cap Blend.
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.
Get it free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
IQ Chaikin U.S. Small Cap ETF (CSML): ETF Research Reports
Dillard's, Inc. (DDS): Free Stock Analysis Report
iShares Russell 2000 ETF (IWM): ETF Research Reports
iShares Core S&P SmallCap ETF (IJR): ETF Research Reports
Liquidia Technologies, Inc. (LQDA): Free Stock Analysis Report
Kezar Life Sciences, Inc. (KZR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Looking at individual holdings, Dillards Inc-Cl A (DDS) accounts for about 0.62% of total assets, followed by Kezar Life Sciences Inc (KZR) and Liquidia Corp (LQDA). Dillard's, Inc. (DDS): Free Stock Analysis Report There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies.
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Looking at individual holdings, Dillards Inc-Cl A (DDS) accounts for about 0.62% of total assets, followed by Kezar Life Sciences Inc (KZR) and Liquidia Corp (LQDA). Dillard's, Inc. (DDS): Free Stock Analysis Report Designed to provide broad exposure to the Style Box - Small Cap Blend category of the market, the IQ Chaikin U.S. Small Cap ETF (CSML) is a smart beta exchange traded fund launched on 05/16/2017.
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Looking at individual holdings, Dillards Inc-Cl A (DDS) accounts for about 0.62% of total assets, followed by Kezar Life Sciences Inc (KZR) and Liquidia Corp (LQDA). Dillard's, Inc. (DDS): Free Stock Analysis Report Designed to provide broad exposure to the Style Box - Small Cap Blend category of the market, the IQ Chaikin U.S. Small Cap ETF (CSML) is a smart beta exchange traded fund launched on 05/16/2017.
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Looking at individual holdings, Dillards Inc-Cl A (DDS) accounts for about 0.62% of total assets, followed by Kezar Life Sciences Inc (KZR) and Liquidia Corp (LQDA). Dillard's, Inc. (DDS): Free Stock Analysis Report Designed to provide broad exposure to the Style Box - Small Cap Blend category of the market, the IQ Chaikin U.S. Small Cap ETF (CSML) is a smart beta exchange traded fund launched on 05/16/2017.
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97839ce8-3060-4d11-8fce-3696e0da5217
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719370.0
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2022-06-02 00:00:00 UTC
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Is Dillard's (DDS) Outperforming Other Retail-Wholesale Stocks This Year?
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DDS
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https://www.nasdaq.com/articles/is-dillards-dds-outperforming-other-retail-wholesale-stocks-this-year-0
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nan
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nan
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The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Dillard's is a member of our Retail-Wholesale group, which includes 230 different companies and currently sits at #14 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Dillard's is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for DDS' full-year earnings has moved 47.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, DDS has gained about 21.5% so far this year. In comparison, Retail-Wholesale companies have returned an average of -23.2%. As we can see, Dillard's is performing better than its sector in the calendar year.
Another stock in the Retail-Wholesale sector, Dollar Tree (DLTR), has outperformed the sector so far this year. The stock's year-to-date return is 14.6%.
For Dollar Tree, the consensus EPS estimate for the current year has increased 3.1% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Dillard's belongs to the Retail - Regional Department Stores industry, a group that includes 3 individual stocks and currently sits at #105 in the Zacks Industry Rank. On average, this group has lost an average of 5.3% so far this year, meaning that DDS is performing better in terms of year-to-date returns.
In contrast, Dollar Tree falls under the Retail - Discount Stores industry. Currently, this industry has 8 stocks and is ranked #198. Since the beginning of the year, the industry has moved -19.2%.
Dillard's and Dollar Tree could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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Dillard's, Inc. (DDS): Free Stock Analysis Report
Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Over the past three months, the Zacks Consensus Estimate for DDS' full-year earnings has moved 47.5% higher. Based on the latest available data, DDS has gained about 21.5% so far this year.
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Dillard's, Inc. (DDS): Free Stock Analysis Report Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Over the past three months, the Zacks Consensus Estimate for DDS' full-year earnings has moved 47.5% higher.
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Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Over the past three months, the Zacks Consensus Estimate for DDS' full-year earnings has moved 47.5% higher. Based on the latest available data, DDS has gained about 21.5% so far this year.
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Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Over the past three months, the Zacks Consensus Estimate for DDS' full-year earnings has moved 47.5% higher. Based on the latest available data, DDS has gained about 21.5% so far this year.
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d4f14181-742e-4674-926d-589b564d8db4
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719371.0
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2022-06-01 00:00:00 UTC
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Why Dillard's (DDS) Looks Poised for Growth After Q1 Results
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DDS
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https://www.nasdaq.com/articles/why-dillards-dds-looks-poised-for-growth-after-q1-results
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nan
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nan
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Dillard’s Inc. DDS is worth giving a shot right now, as its sound fundamentals and growth efforts look impressive. Continued consumer demand, and focus on inventory and expense management bode well.
The company boasts a robust earnings surprise trend, which continued in first-quarter fiscal 2022. Both top and bottom lines beat the Zacks Consensus Estimate and rose year over year in the fiscal first quarter. This marked the eighth straight quarter of an earnings beat for DDS.
Backed by the robust earnings trend, the stock has outperformed the industry and the overall Retail Wholesale in the past year. DDS has skyrocketed 86.6% compared with the industry’s growth of 10.8% and against the sector’s decline of 30.1%. The stock also compares favorably with the S&P 500’s decline of 2% in the same period.
The company’s earnings estimates for the second quarter and fiscal 2022 have moved up 21.3% and 47.5%, respectively, in the past 30 days. The positive trend signifies bullish analyst sentiments and justifies the company’s Zacks Rank #1 (Strong Buy), indicating further outperformance in the near term.
Image Source: Zacks Investment Research
What’s Driving the Stock?
Dillard’s top line has been gaining from robust consumer demand, which resulted in growth across categories. Total revenues advanced 21.3% year over year in the fiscal first quarter, while total retail sales (excluding CDI Contractors, LLC) grew 22%. Comparable store sales increased 23% year over year. The company witnessed robust sales in men’s apparel and accessories, ladies, and children’s apparel.
This, along with improved margins and lower operating expenses as a percentage of sales, led to bottom-line growth. In first-quarter fiscal 2022, the company’s adjusted earnings surged more than two-fold from the year-ago quarter's $6.37 per share. The uptick can be attributed to robust sales, improved margins and lower operating expenses as a percentage of sales.
The company’s aggressive measures to lower excess inventory have been resulting in lower markdowns, thereby boosting the gross margin. Notably, Dillard’s retail gross margin expanded 470 basis points (bps) to 47.3% in first-quarter fiscal 2022, driven by improved consumer demand and better inventory management.
On a consolidated basis, the gross margin of 46.5% reflects a 480-bps improvement from 41.7% in the prior-year quarter. Prior to this, the metric improved 480 bps, 1,050 bps, 1,060 bps and 2,920 bps in the fourth, third, second and first quarters of fiscal 2021, respectively. The persistence of the trend may aid the company’s bottom line in the near term.
Dillard's has been undertaking several steps to reduce costs starting first-quarter fiscal 2020. Some of these are the extension of vendor payment terms, the decline of discretionary and capital expenditure, and payroll deduction. As a result, fiscal first-quarter consolidated SG&A expenses (as a percentage of sales) contracted 40 bps to 24.9%. The retail operating expense rate (SG&A) contracted 60 bps to 25.2%.
Here's How Other Stocks Fared
We highlighted three other top-ranked stocks in the Retail - Wholesale sector, namely Boot Barn BOOT, Designer Brands DBI and Levi Strauss & Co. LEVI.
Boot Barn, the lifestyle retailer of western and work-related footwear, apparel and accessories, currently sports a Zacks Rank #2 (Buy). BOOT has an expected EPS growth rate of 20% for three-five years. Shares of BOOT have increased 5.5% in the past year.
You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Boot Barn’s current-year sales and earnings per share (EPS) suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has a trailing four-quarter earnings surprise of 25.2%, on average.
Designer Brands, which designs, manufactures, and retails footwear and accessories in North America, has a Zacks Rank of 2 at present. DBI has a trailing four-quarter earnings surprise of 112.8%, on average. The stock has dipped 9% in the past year.
The Zacks Consensus Estimate for Designer Brands’ current-year sales and EPS suggests growth of 6.5% and 8.5%, respectively, from the year-ago period’s reported numbers.
Levi, which operates as an apparel company, presently carries a Zacks Rank #2. LEVI has a trailing four-quarter earnings surprise of 48.5%, on average. Shares of the company have declined 32.6% in the past year.
The Zacks Consensus Estimate for Levi’s current-year sales and EPS suggests growth of 12.2% and 5.3%, respectively, from the year-ago period’s reported numbers.
How to Profit from the Hot Electric Vehicle Industry
Global electric car sales in 2021 more than doubled their 2020 numbers. And today, the electric vehicle (EV) technology and very nature of the business is changing quickly. The next push for future technologies is happening now and investors who get in early could see exceptional profits.
See Zacks' Top Stocks to Profit from the EV Revolution >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
Levi Strauss & Co. (LEVI): Free Stock Analysis Report
Designer Brands Inc. (DBI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard’s Inc. DDS is worth giving a shot right now, as its sound fundamentals and growth efforts look impressive. This marked the eighth straight quarter of an earnings beat for DDS. DDS has skyrocketed 86.6% compared with the industry’s growth of 10.8% and against the sector’s decline of 30.1%.
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Dillard’s Inc. DDS is worth giving a shot right now, as its sound fundamentals and growth efforts look impressive. This marked the eighth straight quarter of an earnings beat for DDS. DDS has skyrocketed 86.6% compared with the industry’s growth of 10.8% and against the sector’s decline of 30.1%.
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Dillard’s Inc. DDS is worth giving a shot right now, as its sound fundamentals and growth efforts look impressive. This marked the eighth straight quarter of an earnings beat for DDS. DDS has skyrocketed 86.6% compared with the industry’s growth of 10.8% and against the sector’s decline of 30.1%.
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Dillard’s Inc. DDS is worth giving a shot right now, as its sound fundamentals and growth efforts look impressive. This marked the eighth straight quarter of an earnings beat for DDS. DDS has skyrocketed 86.6% compared with the industry’s growth of 10.8% and against the sector’s decline of 30.1%.
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52e8dda4-793f-4cc7-ba47-ec0a8c1fda6d
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719372.0
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2022-05-31 00:00:00 UTC
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Should IQ Chaikin U.S. Small Cap ETF (CSML) Be on Your Investing Radar?
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DDS
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https://www.nasdaq.com/articles/should-iq-chaikin-u.s.-small-cap-etf-csml-be-on-your-investing-radar-1
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Designed to provide broad exposure to the Small Cap Blend segment of the US equity market, the IQ Chaikin U.S. Small Cap ETF (CSML) is a passively managed exchange traded fund launched on 05/16/2017.
The fund is sponsored by New York Life Investments. It has amassed assets over $203.98 million, making it one of the average sized ETFs attempting to match the Small Cap Blend segment of the US equity market.
Why Small Cap Blend
There's a lot of potential to investing in small cap companies, but with market capitalization below $2 billion, that high potential comes with even higher risk.
Blend ETFs are aptly named, since they tend to hold a mix of growth and value stocks, as well as show characteristics of both kinds of equities.
Costs
Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.
Annual operating expenses for this ETF are 0.35%, putting it on par with most peer products in the space.
It has a 12-month trailing dividend yield of 1.67%.
Sector Exposure and Top Holdings
It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation to the Financials sector--about 26.80% of the portfolio. Industrials and Information Technology round out the top three.
Looking at individual holdings, Dillards Inc-Cl A (DDS) accounts for about 0.62% of total assets, followed by Kezar Life Sciences Inc (KZR) and Liquidia Corp (LQDA).
The top 10 holdings account for about 4.6% of total assets under management.
Performance and Risk
CSML seeks to match the performance of the NASDAQ Chaikin Power US Small Cap Index before fees and expenses. The NASDAQ Chaikin Power US Small Cap Index is a rules-based, quantitative index designed to enhance the NASDAQ US 1500 Index, by selecting stocks with the highest Chaikin Power Gauge rating.
The ETF has lost about -11.05% so far this year and is down about -7.37% in the last one year (as of 05/31/2022). In the past 52-week period, it has traded between $30.22 and $38.36.
The ETF has a beta of 1.26 and standard deviation of 31.26% for the trailing three-year period. With about 480 holdings, it effectively diversifies company-specific risk.
Alternatives
IQ Chaikin U.S. Small Cap ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, CSML is an excellent option for investors seeking exposure to the Style Box - Small Cap Blend segment of the market. There are other additional ETFs in the space that investors could consider as well.
The iShares Russell 2000 ETF (IWM) and the iShares Core S&P SmallCap ETF (IJR) track a similar index. While iShares Russell 2000 ETF has $55.33 billion in assets, iShares Core S&P SmallCap ETF has $66.11 billion. IWM has an expense ratio of 0.19% and IJR charges 0.06%.
Bottom-Line
While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.
Get it free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
IQ Chaikin U.S. Small Cap ETF (CSML): ETF Research Reports
Dillard's, Inc. (DDS): Free Stock Analysis Report
iShares Russell 2000 ETF (IWM): ETF Research Reports
iShares Core S&P SmallCap ETF (IJR): ETF Research Reports
Liquidia Technologies, Inc. (LQDA): Free Stock Analysis Report
Kezar Life Sciences, Inc. (KZR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Looking at individual holdings, Dillards Inc-Cl A (DDS) accounts for about 0.62% of total assets, followed by Kezar Life Sciences Inc (KZR) and Liquidia Corp (LQDA). Dillard's, Inc. (DDS): Free Stock Analysis Report It has amassed assets over $203.98 million, making it one of the average sized ETFs attempting to match the Small Cap Blend segment of the US equity market.
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Looking at individual holdings, Dillards Inc-Cl A (DDS) accounts for about 0.62% of total assets, followed by Kezar Life Sciences Inc (KZR) and Liquidia Corp (LQDA). Dillard's, Inc. (DDS): Free Stock Analysis Report Designed to provide broad exposure to the Small Cap Blend segment of the US equity market, the IQ Chaikin U.S. Small Cap ETF (CSML) is a passively managed exchange traded fund launched on 05/16/2017.
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Looking at individual holdings, Dillards Inc-Cl A (DDS) accounts for about 0.62% of total assets, followed by Kezar Life Sciences Inc (KZR) and Liquidia Corp (LQDA). Dillard's, Inc. (DDS): Free Stock Analysis Report Alternatives IQ Chaikin U.S. Small Cap ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors.
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Looking at individual holdings, Dillards Inc-Cl A (DDS) accounts for about 0.62% of total assets, followed by Kezar Life Sciences Inc (KZR) and Liquidia Corp (LQDA). Dillard's, Inc. (DDS): Free Stock Analysis Report Designed to provide broad exposure to the Small Cap Blend segment of the US equity market, the IQ Chaikin U.S. Small Cap ETF (CSML) is a passively managed exchange traded fund launched on 05/16/2017.
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0831d6e3-1dc8-44ae-b206-f143781987e3
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719373.0
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2022-05-30 00:00:00 UTC
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Hibbett (HIBB) Q1 Earnings Miss, Sales Surpass Estimates
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DDS
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https://www.nasdaq.com/articles/hibbett-hibb-q1-earnings-miss-sales-surpass-estimates
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nan
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nan
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Hibbett Sports Inc. HIBB posted first-quarter fiscal 2023 results, wherein the bottom line missed the Zacks Consensus Estimate, while sales beat the same. Both metrics also declined year over year. Results were hurt by adverse changes in customers' spending habits, stemming from lower discretionary income due to the absence of stimulus payments. However, recovery in the supply chain and better inventory remained upsides.
The company witnessed double-digit growth across men’s, women’s and kids from the pre-pandemic levels, with fleece, licensed products, underwear and socks being the key growth drivers. Going ahead, management remains optimistic for further growth on the back of robust omni-channel capabilities, solid in-store customer service, compelling merchandise assortment and a strong customer base.
Shares of HIBB have gained 17% in the past three months against the industry's 21.5% decline.
Image Source: Zacks Investment Research
Quarterly Highlights
Hibbett's adjusted earnings of $2.89 per share declined 42% from $5.00 reported in the prior-year quarter. The figure lagged the Zacks Consensus Estimate of $3.29.
Net sales slumped 16.3% year over year to $424 million for the quarter under review but surpassed the Zacks Consensus Estimate of $406 million. The metric advanced 23.5% from first-quarter fiscal 2020.
Comparable store sales (comps) fell 18.9%, while in-store comps declined 22% for the quarter under review. However, comps rose 22.9% and in-store comps grew 13.6% on a three-year basis.
E-commerce sales rose 4.1% for the quarter under review, while the metric surged 116.9% on a two-year basis. It accounted for 14.6% of total sales, up from 11.7% of total sales in the prior-year quarter.
The gross profit decreased 25.3% year over year to $210 million for the reported quarter. The gross margin contracted 440 basis points (bps) to 37% due to elevated store occupancy, rising average product costs, and higher freight and transportation costs. Operating income was $50.7 million, down 54% year over year, while the operating margin contracted 970 bps to 12% for the reported quarter.
Store operating, selling and administrative (SG&A) expenses, as a percentage of sales, expanded nearly 440 bps to 22.5% due to lower sales and rising costs stemming from higher costs associated with advertising, professional services and increased supplies to support a larger store base and higher e-commerce volume.
Other Financials
Hibbett ended the quarter with $23.2 million in cash and cash equivalents, and $125 million available under its unsecured credit facilities. Total stockholders' investment, as of Apr 30, was $306.1 million.
In the fiscal first quarter, Hibbett repurchased 491,218 shares worth $22.4 million. Management declared a quarterly dividend of 25 cents in the quarter under review.
Capital expenditure was $16 million in the reported quarter, stemming from store initiatives, including store openings, relocations, expansions, remodels and technology upgrades. For fiscal 2023, capital expenditure is expected to be $60-$70 million for investment in new stores, remodels, technology advancement and infrastructure.
Store Update
In first-quarter fiscal 2023, the company opened nine stores and shut down one underperforming outlet. As of Apr 30, 2022, it had 1,105 stores across 35 states. HIBB is likely to open 30-40 stores in fiscal 2023.
Hibbett, Inc. Price, Consensus and EPS Surprise
Hibbett, Inc. price-consensus-eps-surprise-chart | Hibbett, Inc. Quote
Looking Ahead
This Zacks Rank #4 (Sell) company retained the fiscal 2023 view, which includes the impacts of the ongoing supply-chain disruptions, rising COVID-19 cases, the absence of stimulus and unemployment benefits, rising inflation, wage pressures and geopolitical challenges. The company anticipates sales to remain flat year over year, with a low-single-digit decline in overall and store comps.
Meanwhile, e-commerce comps are expected to grow in the mid-single digits. Comps are forecast to decline in the low-teens in the first half of fiscal 2023, with comp growth in the high-single digits in the second half.
The gross margin is envisioned to contract 130-160 basis points year over year, with the metric likely to be 36.6-36.9% on a two-year basis. SG&A, as a percent of net sales, is estimated to rise 70-100 bps year over year due to wage inflation, higher fixed costs stemming from flat sales expectations, and back-office infrastructure investments in fiscal 2022. The metric is expected to be 23.3-23.6% on a two-year basis.
The operating margin is predicted to be in the low-double-digit range and is likely to remain above the pre-pandemic reported level. Adjusted earnings are anticipated to be $9.75-$10.50 per share, whereas it posted $11.19 last year.
Stocks to Consider
Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR.
Dillard’s operates as a departmental store chain featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1 (Strong Buy). DDS has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently has a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 25.2%, on average.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Kroger, which provides an array of goods ranging from household essentials, groceries and electronics to toys and apparel for men, women and kids, currently carries a Zacks Rank #2. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
The Zacks Consensus Estimate for Kroger’s current financial-year sales and EPS suggests growth of 3.2% and 4.1%, respectively, from the year-ago period’s reported figures. KR has an expected EPS growth rate of 9.9% for three-five years.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
Hibbett, Inc. (HIBB): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Stocks to Consider Here are three better-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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719374.0
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2022-05-27 00:00:00 UTC
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Best Momentum Stocks to Buy for May 27th
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DDS
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https://www.nasdaq.com/articles/best-momentum-stocks-to-buy-for-may-27th
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nan
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 27th:
Westlake Corp. WLK: ThisHouston-based company which is a global producer and supplier of materials and innovative products, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.7% over the last 60 days.
Westlake Corp. Price and Consensus
Westlake Corp. price-consensus-chart | Westlake Corp. Quote
Westlake Corp’sshares gained 16.8% over the last three months compared with the S&P 500’s decline of 7.6%. The company possesses a Momentum Score of A.
Westlake Corp. Price
Westlake Corp. price | Westlake Corp. Quote
Sociedad Quimica y Minera SQM: This fertilizer company which produces iodine and manufactures industrial chemicals and iodine derivative products, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 71.4% over the last 60 days.
Sociedad Quimica y Minera S.A. Price and Consensus
Sociedad Quimica y Minera S.A. price-consensus-chart | Sociedad Quimica y Minera S.A. Quote
Sociedad Quimica y Minera’sshares gained 62.1% over the last three months compared with the S&P 500’s decline of 7.6%. The company possesses a Momentum Score of A.
Sociedad Quimica y Minera S.A. Price
Sociedad Quimica y Minera S.A. price | Sociedad Quimica y Minera S.A. Quote
Dillard's DDS: This company which is one of the large departmental store chain featuring fashion apparel and home furnishings in various parts of the U.S, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 47.5% over the last 60 days.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. price-consensus-chart | Dillard's, Inc. Quote
Dillard's shares gained 14.0% over the last three months compared with the S&P 500’s decline of 7.6%. The company possesses a Momentum Score of A
Dillard's, Inc. Price
Dillard's, Inc. price | Dillard's, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Westlake Corp. (WLK): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Sociedad Quimica y Minera S.A. (SQM): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The company possesses a Momentum Score of A. Sociedad Quimica y Minera S.A. Price Sociedad Quimica y Minera S.A. price | Sociedad Quimica y Minera S.A. Quote Dillard's DDS: This company which is one of the large departmental store chain featuring fashion apparel and home furnishings in various parts of the U.S, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 47.5% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 27th: Westlake Corp. WLK: ThisHouston-based company which is a global producer and supplier of materials and innovative products, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.7% over the last 60 days.
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The company possesses a Momentum Score of A. Sociedad Quimica y Minera S.A. Price Sociedad Quimica y Minera S.A. price | Sociedad Quimica y Minera S.A. Quote Dillard's DDS: This company which is one of the large departmental store chain featuring fashion apparel and home furnishings in various parts of the U.S, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 47.5% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Momentum Score of A. Westlake Corp. Price Westlake Corp. price | Westlake Corp. Quote Sociedad Quimica y Minera SQM: This fertilizer company which produces iodine and manufactures industrial chemicals and iodine derivative products, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 71.4% over the last 60 days.
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The company possesses a Momentum Score of A. Sociedad Quimica y Minera S.A. Price Sociedad Quimica y Minera S.A. price | Sociedad Quimica y Minera S.A. Quote Dillard's DDS: This company which is one of the large departmental store chain featuring fashion apparel and home furnishings in various parts of the U.S, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 47.5% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Momentum Score of A. Westlake Corp. Price Westlake Corp. price | Westlake Corp. Quote Sociedad Quimica y Minera SQM: This fertilizer company which produces iodine and manufactures industrial chemicals and iodine derivative products, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 71.4% over the last 60 days.
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The company possesses a Momentum Score of A. Sociedad Quimica y Minera S.A. Price Sociedad Quimica y Minera S.A. price | Sociedad Quimica y Minera S.A. Quote Dillard's DDS: This company which is one of the large departmental store chain featuring fashion apparel and home furnishings in various parts of the U.S, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 47.5% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Momentum Score of A. Westlake Corp. Price Westlake Corp. price | Westlake Corp. Quote Sociedad Quimica y Minera SQM: This fertilizer company which produces iodine and manufactures industrial chemicals and iodine derivative products, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 71.4% over the last 60 days.
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97691bf7-836b-4843-951c-37b2258a16fd
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719375.0
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2022-05-27 00:00:00 UTC
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Ulta Beauty (ULTA) Stock Up on Q1 Earnings Beat, Raised View
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DDS
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https://www.nasdaq.com/articles/ulta-beauty-ulta-stock-up-on-q1-earnings-beat-raised-view
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nan
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nan
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Ulta Beauty, Inc. ULTA raised its guidance for fiscal 2022 on posting robust first-quarter fiscal 2022 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and increased year over year. Shares of the company rallied 7.1% during the after-market trading session on May 26.
Results were backed by the strong execution of the company’s strategies and solid guest demand, with the latter gaining from the company’s exciting brand launches. Also, increased in-person activities and travel have been leading to the revival of the beauty category demand. While lower than pre-pandemic levels, store traffic is improving. That said, digital trends have also been impressive. The company’s buy online, pick up in store (BOPIS) continued to gain traction in the quarter. BOPIS sales rose 26% and contributed 21% to e-commerce sales in the quarter.
All of Ulta Beauty’s major categories, including haircare, fragrance and bath, skin care and makeup, delivered double-digit growth in comparable sales or comps.
Quarterly Numbers
Ulta Beauty posted earnings per share (EPS) of $6.30, which beat the Zacks Consensus Estimate of $4.44. In the first quarter of fiscal 2021, the adjusted EPS amounted to $4.10.
Ulta Beauty Inc. Price, Consensus and EPS Surprise
Ulta Beauty Inc. price-consensus-eps-surprise-chart | Ulta Beauty Inc. Quote
Net sales of this beauty products retailer surged 21% year over year to $2,345.9 million and beat the Zacks Consensus Estimate of $2,135 million. The uptick can be attributed to reduced pandemic-induced restrictions.
Comps jumped 18%, driven by a 10% improvement in transactions along with a 7.3% increase in the average ticket. Transactions in the quarter gained on a double-digit rise in store transactions and the average ticket increased on a rise in the average selling price. Comps took into account stores that were open for at least 14 months and e-commerce sales.
The gross profit advanced from $753.8 million to $941 million. The gross margin rose from 38.9% to 40.1%, mainly led by the leverage of fixed costs, positive channel mix shifts and a solid increase in other revenues. This was partly offset by reduced merchandise margins.
SG&A expenses escalated from $443.9 million to $501 million in the first quarter of fiscal 2022. SG&A expenses (as a percentage of net sales) came in at 21.4%, down from the 22.9% reported in the year-ago quarter. This was mainly due to reduced marketing expenses, store payroll leverage and benefits related to increased sales, partly offset by the corporate overhead deleverage stemming from strategic investments.
The operating income came in at $437.7 million and the operating margin was 18.7%. In the first quarter of fiscal 2021, ULTA posted an operating income of $305.3 million, with the operating margin at 15.8%.
Image Source: Zacks Investment Research
Other Updates
Ulta Beauty ended the quarter with cash and cash equivalents of $654.5 million. Net merchandise inventories came in at $1.57 billion at the end of the first quarter of fiscal 2022. Stockholders’ equity at the end of the quarter stood at $1,745.6 million. Net cash provided by operating activities was $426.3 million in the 13 weeks ended Apr 30, 2022.
The company repurchased 331,834 shares for $132.8 million in the first quarter. As of Apr 30, 2022, Ulta Beauty had shares worth $1.87 billion left under its buyback program announced in March 2022.
For fiscal 2022, capital expenditures are expected in the band of $375-$425 million.
During the reported quarter, the company introduced 10 new stores along with relocating six. Ulta Beauty ended the quarter with 1,318 stores. The company opened 26 Ulta Beauty at Target shops and ended the first quarter with 127 locations.
For fiscal 2022, ULTA expects 50 net new stores along with 35 store remodeling and relocation projects.
Guidance
Due to a solid first-quarter show and sales trends witnessed in the second quarter so far, management raised its guidance for fiscal 2022. That said, it continues to expect that uncertainties like inflationary risks on consumer spending behavior could affect the second-half performance. The company is also witnessing inflationary pressure on operating costs like labor, supplies and travel, among others, which is likely to persist throughout the rest of fiscal 2022.
Management now expects fiscal 2022 net sales in the range of $9.35-$9.55 billion compared with the $9.05-$9.15 billion range expected earlier. Comps are expected to rise in the range of 6-8% now compared with the earlier view of 3-4%. Comps are likely to be in the low to mid-teens range in the first half and moderate to a low-single-digit rise in the second half.
Management now expects the operating margin between 14.1% and 14.4%, which was earlier expected between 13.7% and 14%. Likely to leverage in the first half, the operating margin is likely to deleverage in the second half of fiscal 2022. Management also expects the full-year gross margin to be lower in fiscal 2022 compared with fiscal 2021, mainly due to a lower merchandise margin. SG&A expenses are likely to deleverage in fiscal 2022.
For fiscal 2022, earnings are envisioned in the range of $19.20-$20.10 per share now, up from the $18.2-$18.7 per share range expected before.
This Zacks Rank #3 (Hold) stock has gained 0.9% in the past three months against the industry’s decline of 17.7%.
3 Retail Stocks to Bet on
Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and MarineMax HZO.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
MarineMax, a specialty retailer, sports a Zacks Rank #1. MarineMax has a trailing four-quarter earnings surprise of 32.8%, on average.
The Zacks Consensus Estimate for HZO’s current financial-year sales suggests growth of 16% from the year-ago period.
Kroger, a renowned supermarket company, carries a Zacks Rank #2 (Buy). The company has an expected EPS growth rate of 9.9% for three to five years.
The Zacks Consensus Estimate for Kroger’s current financial-year sales suggests growth of 3.2% from the year-ago period. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
Ulta Beauty Inc. (ULTA): Free Stock Analysis Report
MarineMax, Inc. (HZO): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and MarineMax HZO. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and MarineMax HZO. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and MarineMax HZO. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and MarineMax HZO. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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850e4fa6-a9ce-4f39-86cd-e2c63b2a5230
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719376.0
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2022-05-26 00:00:00 UTC
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Kohl's (KSS) Focuses on Store Enhancement: Things Worth Noting
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DDS
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https://www.nasdaq.com/articles/kohls-kss-focuses-on-store-enhancement%3A-things-worth-noting
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nan
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nan
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Kohl's Corporation KSS has been committed to its store growth strategy and efforts to resonate with the changing needs of customers. The company plans to increase its investment in store strategies in the next three years, which is likely to enhance the experience for store workers and customers. Management also stated that over the next four years, nearly 100 new, smaller stores are to open in regions earlier untapped by the company.
The company has been in the process of modernizing its stores through features and services like In Store Pick Up, Drive-Up, Self-Pick Up and Amazon Returns, thereby increasing convenience for customers. Apart from this, the partnership with Sephora has been working well for KSS. The company expects Sephora at Kohl’s to hit 850 locations by 2023. This will include Sephora’s prominent position at the store front, with expanded categories in surrounding areas. The initial small-store formats mentioned above will be the first to test Sephora at Kohl’s in a smaller space.
Moving on, Kohl’s stated that it is introducing dedicated zones in its stores for discovery, which will enable the curation of cross-category products and brands, such as diverse-and female-owned companies. The company has also been focused on offering an integrated store and digital experience for which it has been making several technological investments. Kohl’s is rolling out self-serve buy online, pick up in store, which will be available across all stores by the end of the year. Further, the company continues to test self-serve returns, presently available in more than 100 stores, with growth plans over the next 18 months.
Stores play a key role in Kohl’s omnichannel operations as about 40% of the company’s digital orders are presently being fulfilled by stores.
Wrapping Up
Kohl’s has been grappling with high SG&A costs and freight and product cost inflation. These downsides weighed on the company’s first-quarter fiscal 2022 results, which prompted management to lower its guidance for the fiscal. Shares of this Zacks Rank #5 (Strong Sell) company have slumped 26.5% in the past three months compared with the industry’s decline of 18.2%.
However, we believe that the abovementioned focus on the store growth strategy and omnichannel strength is likely to work well for Kohl’s amid the evolving retail landscape.
3 Retail Stocks to Bet on
Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected earnings per share (EPS) growth rate of 14.6% for three to five years.
Kroger, a renowned supermarket company, carries a Zacks Rank #2 (Buy). The company has an expected EPS growth rate of 9.9% for three to five years.
The Zacks Consensus Estimate for Kroger’s current financial-year sales suggests growth of 3.2% from the year-ago period. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
Abercrombie & Fitch, a specialty retailer, holds a Zacks Rank #2. Abercrombie & Fitch has a trailing four-quarter earnings surprise of 103.5%, on average.
The Zacks Consensus Estimate for ANF’s current financial-year sales suggests growth of 3.7% from the year-ago period.
Just Released: Zacks Top 10 Stocks for 2022
In addition to the investment ideas discussed above, would you like to know about our 10 top buy-and-hold tickers for the entirety of 2022?
Last year's 2021 Zacks Top 10 Stocks portfolio returned gains as high as +147.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys
Access Zacks Top 10 Stocks for 2022 today >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Kohl's Corporation (KSS): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected earnings per share (EPS) growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected earnings per share (EPS) growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected earnings per share (EPS) growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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DDS has an expected earnings per share (EPS) growth rate of 14.6% for three to five years. 3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. Dillard's, Inc. (DDS): Free Stock Analysis Report
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b349f420-030e-4b56-b6b6-5b10938c0024
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719377.0
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2022-05-26 00:00:00 UTC
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DDS Crosses Above Average Analyst Target
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DDS
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https://www.nasdaq.com/articles/dds-crosses-above-average-analyst-target
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nan
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nan
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In recent trading, shares of Dillard's Inc. (Symbol: DDS) have crossed above the average analyst 12-month target price of $241.67, changing hands for $265.03/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised.
There are 3 different analyst targets within the Zacks coverage universe contributing to that average for Dillard's Inc., but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $185.00. And then on the other side of the spectrum one analyst has a target as high as $325.00. The standard deviation is $73.711.
But the whole reason to look at the average DDS price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DDS crossing above that average target price of $241.67/share, investors in DDS have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $241.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Dillard's Inc.:
RECENT DDS ANALYST RATINGS BREAKDOWN
» Current 1 Month Ago 2 Month Ago 3 Month Ago
Strong buy ratings: 0 0 0 0
Buy ratings: 0 0 0 0
Hold ratings: 1 1 1 1
Sell ratings: 1 1 1 1
Strong sell ratings: 1 1 1 1
Average rating: 4.0 4.0 4.0 4.0
The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on DDS — FREE.
10 ETFs With Most Upside To Analyst Targets »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In recent trading, shares of Dillard's Inc. (Symbol: DDS) have crossed above the average analyst 12-month target price of $241.67, changing hands for $265.03/share. But the whole reason to look at the average DDS price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DDS crossing above that average target price of $241.67/share, investors in DDS have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $241.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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In recent trading, shares of Dillard's Inc. (Symbol: DDS) have crossed above the average analyst 12-month target price of $241.67, changing hands for $265.03/share. But the whole reason to look at the average DDS price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DDS crossing above that average target price of $241.67/share, investors in DDS have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $241.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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And so with DDS crossing above that average target price of $241.67/share, investors in DDS have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $241.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of Dillard's Inc. (Symbol: DDS) have crossed above the average analyst 12-month target price of $241.67, changing hands for $265.03/share. But the whole reason to look at the average DDS price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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In recent trading, shares of Dillard's Inc. (Symbol: DDS) have crossed above the average analyst 12-month target price of $241.67, changing hands for $265.03/share. But the whole reason to look at the average DDS price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DDS crossing above that average target price of $241.67/share, investors in DDS have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $241.67 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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53dfdd8b-28be-4762-909d-75871e9952a3
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719378.0
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2022-05-26 00:00:00 UTC
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DICK'S Sporting (DKS) Q1 Earnings and Sales Beat Estimates
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DDS
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https://www.nasdaq.com/articles/dicks-sporting-dks-q1-earnings-and-sales-beat-estimates
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nan
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nan
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DICK'S Sporting Goods, Inc. DKS posted impressive first-quarter fiscal 2022 results, wherein both the top and the bottom line surpassed the Zacks Consensus Estimate. However, both metrics declined year over year. On a two-year basis, DKS witnessed growth, driven by strength in its core strategies.
Shares of DKS have declined 31.8% year to date, outperforming the industry’s 32.7% decrease.
Quarter in Detail
For the fiscal first quarter, adjusted earnings were $2.85 per share, down 25% from the prior-year figure of $3.79. This can be attributable to drab sales and dismal gross margins for the reported quarter. However, the figure surpassed the Zacks Consensus Estimate of $2.43 per share.
Net sales of $2,700 million declined 7.5% year over year but surpassed the Zacks Consensus Estimate of $2,634 million. However, net sales advanced 41% from the fourth-quarter fiscal 2019 reading on sales normalization in certain categories.
Consolidated same-store sales (comps) declined 8.4% from comps growth of 117.1%.
The gross margin contracted 83 basis points (bps) year over year to 36.5% for the quarter under review due to higher supply-chain-related costs and rising fixed occupancy costs, which were somewhat offset by improved merchandise margins. SG&A expenses of 22.8%, as a percentage of sales, contracted 195 bps year over year due to weak sales.
Image Source: Zacks Investment Research
Financial Aspects
This currently Zacks Rank #3 (Hold) player ended the reported quarter with cash and cash equivalents of $2,251.3 million, no borrowings under the $1.6-billion revolving credit facility and a total stockholders' equity of $2,194.6 million. Total inventory rose 40% year over year as of Apr 30, 2022.
In the reported quarter, total capital expenditure amounted to $73.8 million. DICK’S Sporting still projects capital expenditure of $400-$425 million on a gross basis for fiscal 2022.
DKS approved its quarterly dividend of 48.75 cents per share on common stock and Class B common stock, which is likely to be paid out on Jun 24 to its shareholders of record as of Jun 10. DICK’S Sporting paid out more than $46.1 million in the form of dividends and repurchased shares worth $42 million in the quarter. Going ahead, management intends to buy back at least $300 million of shares in fiscal 2022.
DICK'S Sporting Goods, Inc. Price, Consensus and EPS Surprise
DICK'S Sporting Goods, Inc. price-consensus-eps-surprise-chart | DICK'S Sporting Goods, Inc. Quote
Guidance
Management slashed its fiscal 2022 view to reflect the ongoing macroeconomic environment, supply-chain conditions and the current geopolitical situation. DKS envisions adjusted earnings of $9.15-$11.70 for fiscal 2022, comparing unfavorably with the prior view of $11.70-$13.10. Also, comps are anticipated to decline 8-2%, down from the earlier guided view of a decline of 4% to flat. However, management expects sales to grow roughly 35% on a two-year basis.
Stocks to Consider
Here are three better-ranked stocks to consider, namely Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently sports a Zacks Rank #1 (Strong Buy). BOOT has a trailing four-quarter earnings surprise of 25.2%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the corresponding year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Dillard’s operates as a departmental store chain featuring fashion apparel and home furnishings. DDS presently sports a Zacks Rank of 1. DDS has a trailing four-quarter earnings surprise of 224.1%, on average.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the corresponding year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Kroger, which provides an array of goods ranging from household essentials, groceries and electronics to toys and apparel for men, women and kids, currently carries a Zacks Rank #2 (Buy). KR has a trailing four-quarter earnings surprise of 22.1%, on average.
The Zacks Consensus Estimate for Kroger’s current financial-year sales and EPS suggests growth of 3.2% and 4.1%, respectively, from the corresponding year-ago period’s reported figures. KR has an expected EPS growth rate of 9.9% for three-five years.
Just Released: Zacks Top 10 Stocks for 2022
In addition to the investment ideas discussed above, would you like to know about our 10 top buy-and-hold tickers for the entirety of 2022?
Last year's 2021 Zacks Top 10 Stocks portfolio returned gains as high as +147.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys
Access Zacks Top 10 Stocks for 2022 today >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
DICK'S Sporting Goods, Inc. (DKS): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Here are three better-ranked stocks to consider, namely Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS presently sports a Zacks Rank of 1. DDS has a trailing four-quarter earnings surprise of 224.1%, on average.
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Stocks to Consider Here are three better-ranked stocks to consider, namely Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS presently sports a Zacks Rank of 1. DDS has a trailing four-quarter earnings surprise of 224.1%, on average.
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Stocks to Consider Here are three better-ranked stocks to consider, namely Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS presently sports a Zacks Rank of 1. DDS has a trailing four-quarter earnings surprise of 224.1%, on average.
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Dillard's, Inc. (DDS): Free Stock Analysis Report Stocks to Consider Here are three better-ranked stocks to consider, namely Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS presently sports a Zacks Rank of 1.
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327127e5-7243-486a-9713-148d3488418b
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719379.0
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2022-05-25 00:00:00 UTC
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Nordstrom (JWN) Up on Narrower-Than-Expected Q1 Loss, View Hike
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DDS
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https://www.nasdaq.com/articles/nordstrom-jwn-up-on-narrower-than-expected-q1-loss-view-hike
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nan
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nan
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Shares of Nordstrom, Inc. JWN rallied more than 9% in the after-hours session on May 24, following the impressive first-quarter fiscal 2022 results.
Both top and bottom lines surpassed the Zacks Consensus Estimate and grew year over year. Results gained from solid demand, positive pricing, lower markdowns and broad-based growth across core categories and regions. Core categories, including men's and women's apparel, shoes, and designer, performed well. Consumers refreshing their wardrobes to get back to the office, for travel and other social activities also contributed to the quarterly results.
Also, it is progressing well with its More Reasons to Rack campaign, which led to increased brand awareness and boosted traffic. In the reported quarter, JWN opened its first ASOS co-branded store at the Grove in Los Angeles.
As part of its market strategy, the company launched additional pickup options, which have received positive customer feedback. Buy Online Pick Up in Store also remains one of the most used facilities. Management revealed plans to expand next-day order pickup options to more than 60 additional Rack stores. It also intends to launch a sustainable shoe brand, Allbirds, which will offer men's and women's shoes in select stores. The collection will be introduced on Nordstrom.com later this summer.
We note that this Zacks Rank #2 (Buy) stock has gained 0.5% in the past three months against the industry’s decline of 29.6%.
Image Source: Zacks Investment Research
Quarterly Highlights
Nordstrom posted an adjusted loss of 6 cents per share, reflecting a sharp improvement from the year-ago loss of 64 cents. The metric also surpassed the Zacks Consensus Estimate of a loss of 8 cents per share.
Total revenues grew 18.6% year over year to $3,569 million and beat the Zacks Consensus Estimate of $3,332 million. This marked the seventh straight quarter of sequential top-line growth. Net sales also advanced 18.7% year over year to $3,467 million. Credit Card net revenues grew 16% from the prior-year quarter to $102 million.
For first-quarter fiscal 2022, net sales for the Nordstrom brand rose 23.5% year over year to $2,289 million. Sales for the Nordstrom Rack brand advanced 10.3% year over year to $1,178 million. Both Nordstrom and Nordstrom Rack brands exceeded the pre-pandemic levels.
Digital sales remained flat year over year as customers shopped more from stores. For the fiscal first quarter, digital sales represented 39% of net sales compared with 46% in the year-ago period.
Nordstrom's gross profit margin expanded 190 basis points (bps) year over year to 32.8% for the reported quarter. This substantial growth resulted from higher merchandise margins, stemming from lower markdowns and positive pricing impacts, as well as lower buying and occupancy costs. Ending inventory grew 23.7% year over year.
Selling, general and administrative (“SG&A”) expenses, as a percentage of sales, contracted 320 bps year over year to 33.6% for the fiscal first quarter, owing to robust sales growth.
Earnings before interest and taxes (“EBIT”) of $73 million reflected significant growth from a loss of $85 million in the year-ago quarter. The increase mainly resulted from higher sales volume and expanded merchandise margins. Adjusted EBIT was $32 million against the year-ago quarter’s reported loss of $85 million.
Other Financials
Nordstrom ended first-quarter fiscal 2022 with a strong balance sheet. Available liquidity as of Apr 30, 2022, was $1.3 billion, including $484 million of cash and cash equivalents, and $800 million available in its revolving line of credit. It had long-term debt (net of current liabilities) of $2,854 million and total shareholders’ equity of $589 million.
As of Apr 30, 2022, the company provided $187 million of net cash for operating activities and spent $96 million as capital expenditure.
The company recently approved a dividend of 19 cents, payable Jun 15, to shareholders of record as of May 31. It also announced a share repurchase program worth $500 million.
Nordstrom, Inc. Price, Consensus and EPS Surprise
Nordstrom, Inc. price-consensus-eps-surprise-chart | Nordstrom, Inc. Quote
Outlook
Driven by the solid quarterly results and gains from the sale of the company's interest in a corporate office building and an impairment charge related to a Trunk Club property, management raised the fiscal 2022 view.
The company anticipates total year-over-year revenue growth of 6-8%, up from the aforementioned 5-7% rise. Adjusted earnings are envisioned to be $3.20-$3.50, which compares favorably with the prior stated $3.15-$3.50. EBIT margin is likely to be 5.8-6.2%, up from the earlier mentioned 5-6%. Adjusted EBIT is expected to be 5.6-6%.
It also predicts gross margin improvement and SG&A leverage stemming from higher sales, particularly in the first half of the year. This is likely to aid the adjusted EBIT margin in fiscal 2022.
Other Stocks to Consider
Here are three other top-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR.
Boot Barn, which provides western and work-related footwear, apparel and accessories, currently sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 25.2%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Boot Barn’s current financial-year sales and EPS suggests growth of 17% and 4.4%, respectively, from the year-ago period’s reported figures. BOOT has an expected EPS growth rate of 20% for three-five years.
Dillard’s operates as a departmental store chain featuring fashion apparel and home furnishings. It presently sports a Zacks Rank #1. DDS has a trailing four-quarter earnings surprise of 224.1%, on average.
The Zacks Consensus Estimate for Dillard’s current financial-year sales suggests growth of 6.1%, while the same for EPS indicates a decline of 33.9% from the year-ago period’s reported numbers. DDS has an expected EPS growth rate of 12.6% for three-five years.
Kroger, which provides an array of goods ranging from household essentials, groceries and electronics to toys and apparel for men, women and kids, currently carries a Zacks Rank #2. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
The Zacks Consensus Estimate for Kroger’s current financial-year sales and EPS suggests growth of 3.2% and 4.1%, respectively, from the year-ago period’s reported figures. KR has an expected EPS growth rate of 9.9% for three-five years.
Zacks’ Top Picks to Cash in on Artificial Intelligence
This world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.
See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
Nordstrom, Inc. (JWN): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Other Stocks to Consider Here are three other top-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Other Stocks to Consider Here are three other top-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Other Stocks to Consider Here are three other top-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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Other Stocks to Consider Here are three other top-ranked stocks to consider — Boot Barn Holdings BOOT, Dillard’s DDS and Kroger KR. DDS has a trailing four-quarter earnings surprise of 224.1%, on average. DDS has an expected EPS growth rate of 12.6% for three-five years.
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b6a3746f-8e45-435f-9c91-62fb607ab8f0
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719380.0
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2022-05-25 00:00:00 UTC
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Here's Why Dillard's (DDS) Is a Great 'Buy the Bottom' Stock Now
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DDS
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https://www.nasdaq.com/articles/heres-why-dillards-dds-is-a-great-buy-the-bottom-stock-now
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nan
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nan
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A downtrend has been apparent in Dillard's (DDS) lately. While the stock has lost 27.2% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.
The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stock. On the fundamental side, strong agreement among Wall Street analysts in raising earnings estimates for this department store operator enhances its prospects of a trend reversal.
Understanding Hammer Chart and the Technique to Trade It
This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.'
In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's close, and again closes lower. On the day the hammer pattern is formed, maintaining the downtrend, the stock makes a new low. However, after eventually finding support at the low of the day, some amount of buying interest emerges, pushing the stock up to close the session near or slightly above its opening price.
When it occurs at the bottom of a downtrend, this pattern signals that the bears might have lost control over the price. And, the success of bulls in stopping the price from falling further indicates a potential trend reversal.
Hammer candles can occur on any timeframe -- such as one-minute, daily, weekly -- and are utilized by both short-term as well as long-term investors.
Like every technical indicator, the hammer chart pattern has its limitations. Particularly, as the strength of a hammer depends on its placement on the chart, it should always be used in conjunction with other bullish indicators.
Here's What Makes the Trend Reversal More Likely for DDS
There has been an upward trend in earnings estimate revisions for DDS lately, which can certainly be considered a bullish indicator on the fundamental side. That's because a positive trend in earnings estimate revisions usually translates into price appreciation in the near term.
The consensus EPS estimate for the current year has increased 47.5% over the last 30 days. This means that the Wall Street analysts covering DDS are majorly in agreement about the company's potential to report better earnings than what they predicted earlier.
If this is not enough, you should note that DDS currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. And stocks carrying a Zacks Rank #1 or 2 usually outperform the market. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Moreover, a Zacks Rank of 1 for Dillard's is a more conclusive indication of a potential trend reversal, as the Zacks Rank has proven to be an excellent timing indicator that helps investors identify precisely when a company's prospects are beginning to improve.
Zacks’ Top Picks to Cash in on Artificial Intelligence
This world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.
See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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This means that the Wall Street analysts covering DDS are majorly in agreement about the company's potential to report better earnings than what they predicted earlier. A downtrend has been apparent in Dillard's (DDS) lately. Here's What Makes the Trend Reversal More Likely for DDS There has been an upward trend in earnings estimate revisions for DDS lately, which can certainly be considered a bullish indicator on the fundamental side.
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Dillard's, Inc. (DDS): Free Stock Analysis Report A downtrend has been apparent in Dillard's (DDS) lately. Here's What Makes the Trend Reversal More Likely for DDS There has been an upward trend in earnings estimate revisions for DDS lately, which can certainly be considered a bullish indicator on the fundamental side.
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Here's What Makes the Trend Reversal More Likely for DDS There has been an upward trend in earnings estimate revisions for DDS lately, which can certainly be considered a bullish indicator on the fundamental side. If this is not enough, you should note that DDS currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. A downtrend has been apparent in Dillard's (DDS) lately.
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Here's What Makes the Trend Reversal More Likely for DDS There has been an upward trend in earnings estimate revisions for DDS lately, which can certainly be considered a bullish indicator on the fundamental side. If this is not enough, you should note that DDS currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. A downtrend has been apparent in Dillard's (DDS) lately.
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8f5ab1a5-9e48-4b48-8b43-9e403a51a4cc
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719381.0
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2022-05-25 00:00:00 UTC
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Kohl's (KSS) Hurt by High SG&A Costs, Product Cost Inflation
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DDS
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https://www.nasdaq.com/articles/kohls-kss-hurt-by-high-sga-costs-product-cost-inflation
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nan
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Kohl's Corporation KSS appears to be in troubled waters. The company has been grappling with high SG&A costs and freight and product cost inflation. These downsides weighed on the company’s first-quarter fiscal 2022 results, which prompted management to lower its guidance for the fiscal.
The Zacks Consensus Estimate for the current fiscal year earnings per share or EPS has gone down from $7.20 to $6.71 over the past seven days. Shares of this Zacks Rank #5 (Strong Sell) company have slumped 34.3% in the past three months compared with the industry’s decline of 22.5%.
Let’s delve deeper.
Kohl's Corporation Price, Consensus and EPS Surprise
Kohl's Corporation price-consensus-eps-surprise-chart | Kohl's Corporation Quote
High Costs – a Key Concern
Kohl's gross margin contracted from 39% to 38.3% in the first quarter of fiscal 2022, mainly due to escalated freight costs. Further, the company’s SG&A expenses have been rising year over year for the last few quarters now. In the first quarter, Kohl’s SG&A expenses rose 10.5% to $1,293 million due to investments in the company’s core strategic efforts, such as support associated with the Sephora store opening and refreshes, along with high wages and transportation costs. As a percentage of the total revenues, SG&A expenses expanded by 470 basis points (bps) to 34.8%. The company reported an operating income of $82 million, lower than the year-ago quarter’s figure of $273 million.
Management expects SG&A costs to remain high in mid-to-high single digits in the second quarter and increase in the low single digits for the full year. Management plans to invest another $40 million in its strategic growth initiatives. Apart from this, supply-chain hiccups remain a deterrent. The gross margin is likely to decline by 100-125 bps in the full year due to freight and product cost inflation.
Image Source: Zacks Investment Research
A Look at Q1 & Ahead
In the first quarter of fiscal 2022, the top and bottom lines declined year over year and fell short of the Zacks Consensus Estimate. While the quarter began on a solid note, sales significantly weakened in April as the company faced tough comparisons with the year-ago period, which benefited from a stimulus. Also, an inflationary consumer landscape in the quarter under review hurt sales.
Kohl's posted adjusted earnings of 11 cents per share, which plunged 90% from the $1.05 reported in the year-ago period. The bottom line missed the Zacks Consensus Estimate of 75 cents. Total revenues came in at $3,715 million, down 4.4% from the prior-year quarter’s levels. The metric fell short of the Zacks Consensus Estimate of $3,854 million. Net sales dipped 5.2% in the quarter to $3,471 million. Comps also decreased by 5.2%.
Management lowered its guidance for full-year 2022 considering first-quarter results and macroeconomic landscape. Management does not expect many headwinds, including inflation, to subside in the near term. It now expects net sales growth of flat to 1%. The operating margin is likely to be 7-7.2%. Kohl’s envisions EPS in the range of $7.45-$7.85 (excluding non-recurring charges). The company posted an adjusted EPS of $7.33 in full-year 2021. Earlier, management expected net sales to grow 2-3%. The operating margin was anticipated at 7.2-7.5% and the EPS was guided in the range of $7.00-$7.50 (excluding non-recurring charges).
3 Retail Stocks to Bet on
Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Kroger, a renowned supermarket company, carries a Zacks Rank #2 (Buy). The company has an expected EPS growth rate of 9.9% for three to five years.
The Zacks Consensus Estimate for Kroger’s current financial-year sales suggests growth of 3.2% from the year-ago period. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
Abercrombie & Fitch, a specialty retailer, holds a Zacks Rank #2. Abercrombie & Fitch has a trailing four-quarter earnings surprise of 103.5%, on average.
The Zacks Consensus Estimate for ANF’s current financial-year sales suggests growth of 3.7% from the year-ago period.
Zacks’ Top Picks to Cash in on Artificial Intelligence
This world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.
See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Kohl's Corporation (KSS): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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25f71e06-30dd-4846-bcd0-4b21092e5295
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719382.0
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2022-05-25 00:00:00 UTC
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Walmart (WMT) Ups Delivery Service With DroneUp Expansion
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DDS
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https://www.nasdaq.com/articles/walmart-wmt-ups-delivery-service-with-droneup-expansion
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nan
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Walmart Inc. WMT has been acing it for upping delivery services and enhancing customers’ experiences. The omnichannel retailer, which has been working on delivery through drones for a while now, unveiled that it would be extending its DroneUp delivery network to 34 sites by the end of the year. This will give the company scope to reach four million U.S. households in six states, including Arizona, Arkansas, Florida, Texas, Utah and Virginia.
Customers can order from thousands of eligible products from 8 am to 8 pm for delivery through drones within 30 minutes. The weight of the ordered product can go up to 10 pounds for a fee of $3.99 per delivery. This will give Walmart the ability to deliver more than one million packages through drones in a year. WMT already tested delivery through DroneUp and the latter has been a reliable partner. This expansion is likely to help Walmart scale up its business even further.
Image Source: Zacks Investment Research
Walmart Continues to Up Delivery Game
Walmart has taken robust strides to strengthen its delivery arm as evident from its expansion of the InHome delivery service, investments in DroneUp, a pilot with HomeValet, the introduction of Carrier Pickup by FedEx, the launch of the Walmart+ membership program, drone delivery pilots in the United States with Flytrex and Zipline and a pilot with Cruise to test grocery delivery through self-driven all-electric cars. Walmart had also unveiled an alliance with DoorDash in the third quarter of fiscal 2021 to deliver prescriptions from pharmacies of Sam’s Club alongside expanding Scan & Go to all fuel stations at U.S. Sam’s Clubs.
Before this, Walmart unveiled Express Delivery and joined forces with Point Pickup, Roadie and Postmates alongside acquiring Parcel to enhance its delivery service. Furthermore, the company’s store and curbside pickup options add to customers’ convenience. As of the first quarter of fiscal 2023, Walmart U.S. had 4,600 pickup locations and more than 3,600 same-day delivery stores.
Robust delivery services have been a key driver for the company’s e-commerce sales. Walmart’s e-commerce business and omni-channel penetration have been increasing, all the more amid pandemic-led social distancing. From the fiscal 2021 beginning to the fiscal 2022 end, the company’s digital sales as a percentage of sales increased from 6% to 13%. The company has been taking several e-commerce initiatives, including buyouts, alliances and improved delivery and payment systems.
The company is innovating the supply chain and adding capacity as well as building businesses, such as Walmart GoLocal, Walmart Connect, Walmart Luminate, Walmart+, Spark Delivery, Marketplace and Walmart Fulfillment Services. U.S. e-commerce sales rose 1% in the first quarter and soared 38% on a two-year stack basis. The company is witnessing rapid growth in advertising income. At Sam’s Club, e-commerce sales jumped 22% due to a robust direct-to-home show and solid curbside performance. In the International segment, e-commerce sales advanced by 22% on a constant-currency basis.
Walmart’s other notable strides include the acquisition of Zeekit, which is focused on uniting fashion and technology via its virtual fitting room platform. Apart from this, the company’s investment in Ninjacart, contracts with Symbotic, Goldman Sachs, Shopify, Green Dot and Microsoft and the buyouts of ShoeBuy, Moosejaw and Bonobos, among others, underscore its digital efforts. The buyout of a major stake in Flipkart has been bolstering its International segment. Additionally, WMT is making aggressive efforts to expand in the booming online grocery space, which has long been a major contributor to e-commerce sales.
Wrapping Up
This Zacks Rank #5 (Strong Sell) company has been battling supply-chain bottlenecks and escalated costs and persistently elevated inflation. The company’s U.S. segment operating income was hurt by high wage costs, an adverse mix due to the lower percentage of general merchandise and fuel costs and supply-chain woes in the first quarter of fiscal 2023. Some of these cost headwinds are likely to persist, which is reflected in management’s lowered guidance for the operating income and earnings per share (EPS). Shares of the company have declined 7.4% in the past three months compared with the industry’s drop of 7%.
However, Walmart’s efforts to strengthen stores and e-commerce performance, like the abovementioned extension of DroneUp, are likely to keep it well-placed for growth.
3 Retail Stocks to Bet on
Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Kroger, a renowned supermarket company, carries a Zacks Rank #2 (Buy). The company has an expected EPS growth rate of 9.9% for three to five years.
The Zacks Consensus Estimate for Kroger’s current financial-year sales suggests growth of 3.2% from the year-ago period. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
Abercrombie & Fitch, a specialty retailer, holds a Zacks Rank #2. Abercrombie & Fitch has a trailing four-quarter earnings surprise of 103.5%, on average.
The Zacks Consensus Estimate for ANF’s current financial-year sales suggests growth of 3.7% from the year-ago period.
Zacks’ Top Picks to Cash in on Artificial Intelligence
This world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.
See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Walmart Inc. (WMT): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks to Bet on Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Abercrombie & Fitch Co. ANF. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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56223821-4cf7-43ea-9c8e-317e7ceb2586
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719383.0
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2022-05-24 00:00:00 UTC
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Daily Dividend Report: ALL,HRL,TSN,EXP,DDS
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DDS
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https://www.nasdaq.com/articles/daily-dividend-report%3A-allhrltsnexpdds
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The Allstate Corporation announced today that its board of directors has approved a quarterly dividend of $0.85 per outstanding common share. Allstate declared a quarterly dividend of $0.85 on each outstanding share of the corporation's common stock, payable in cash on July 1, 2022, to stockholders of record at the close of business on June 3, 2022.
Hormel Foods, a global branded food company, announced today that its quarterly dividend on the common stock, authorized by the Board of Directors at 26 cents a share on May 23, 2022, will be paid August 15, 2022, to stockholders of record at the close of business on July 11, 2022. The August 15 payment will be the 376th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption.
The Board of Directors of Tyson Foods, at a meeting on May 12, 2022, declared a quarterly dividend of $0.46 per share on Class A common stock and $0.414 per share on Class B common stock, payable on September 15, 2022, to shareholders of record at the close of business on September 1, 2022.
The Board of Directors of Eagle Materials has declared a quarterly cash dividend of $0.25 per share, payable on July 15, 2022, to stockholders of record of its Common Stock at the close of business on June 16, 2022.
Dillard's announced that the Board of Directors declared a cash dividend of $0.20 per share on the Class A and Class B Common Stock of the Company. The dividend is payable August 1, 2022 to shareholders of record as of June 30, 2022.
VIDEO: Daily Dividend Report: ALL,HRL,TSN,EXP,DDS
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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VIDEO: Daily Dividend Report: ALL,HRL,TSN,EXP,DDS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The Allstate Corporation announced today that its board of directors has approved a quarterly dividend of $0.85 per outstanding common share. Allstate declared a quarterly dividend of $0.85 on each outstanding share of the corporation's common stock, payable in cash on July 1, 2022, to stockholders of record at the close of business on June 3, 2022.
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VIDEO: Daily Dividend Report: ALL,HRL,TSN,EXP,DDS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Allstate declared a quarterly dividend of $0.85 on each outstanding share of the corporation's common stock, payable in cash on July 1, 2022, to stockholders of record at the close of business on June 3, 2022. The Board of Directors of Tyson Foods, at a meeting on May 12, 2022, declared a quarterly dividend of $0.46 per share on Class A common stock and $0.414 per share on Class B common stock, payable on September 15, 2022, to shareholders of record at the close of business on September 1, 2022.
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VIDEO: Daily Dividend Report: ALL,HRL,TSN,EXP,DDS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Hormel Foods, a global branded food company, announced today that its quarterly dividend on the common stock, authorized by the Board of Directors at 26 cents a share on May 23, 2022, will be paid August 15, 2022, to stockholders of record at the close of business on July 11, 2022. The Board of Directors of Tyson Foods, at a meeting on May 12, 2022, declared a quarterly dividend of $0.46 per share on Class A common stock and $0.414 per share on Class B common stock, payable on September 15, 2022, to shareholders of record at the close of business on September 1, 2022.
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VIDEO: Daily Dividend Report: ALL,HRL,TSN,EXP,DDS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Allstate declared a quarterly dividend of $0.85 on each outstanding share of the corporation's common stock, payable in cash on July 1, 2022, to stockholders of record at the close of business on June 3, 2022. Hormel Foods, a global branded food company, announced today that its quarterly dividend on the common stock, authorized by the Board of Directors at 26 cents a share on May 23, 2022, will be paid August 15, 2022, to stockholders of record at the close of business on July 11, 2022.
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c0ea5b06-b627-4349-8a6d-40ca97c16100
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719384.0
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2022-05-24 00:00:00 UTC
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5 Stocks With High ROE to Bet on as Markets Swing to Growth
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DDS
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https://www.nasdaq.com/articles/5-stocks-with-high-roe-to-bet-on-as-markets-swing-to-growth
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nan
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The U.S. equity markets bounced back from the recent downtrend witnessed over the past few days, driven by optimism surrounding President Biden’s tariff reconsideration against China and rising Treasury yields. The stock market rally put the leading benchmark indices back on the growth track after several consecutive weekly losses raised concerns regarding the overall impact of the oil prices’ volatility and the prolonged Russia-Ukraine war on the economy.
The U.S. President gave broad-based hints that he would reconsider eliminating some of the punitive trade barriers and import duties imposed by his predecessor against China. This is likely to kickstart a revival in business ties for a mutually beneficial bilateral trade relationship. The markets also seem to have factored in a steady rise in yields, with the Fed Chairman promulgating an aggressive monetary policy to tame the rising inflationary pressure.
After one of the biggest interest rate hikes since 2000 that put the federal funds rate in a range of 0.75-1%, the Fed aims to enforce similar increases in the remainder of the year to restore price stability. The central bank has also offered a broad outline of its reduction in asset holdings for monetary tightening. The Fed intends to reduce Treasury holdings and mortgage-backed securities by $30 billion and $17.5 billion, respectively, from June and extend the tallies to $65 billion and $35 billion after a period of three months.
As investors employ a wait-and-see approach in a classic example of “backing and filling” in the market, they can benefit from ‘cash cow’ stocks that garner higher returns. However, identifying cash-rich stocks alone does not make for a solid investment proposition unless it is backed by attractive efficiency ratios like return on equity (ROE). A high ROE ensures that the company is reinvesting cash at a high rate of return. Louisiana-Pacific Corporation LPX, The Interpublic Group of Companies, Inc. IPG, Public Storage PSA, APA Corporation APA and Dillard's, Inc. DDS are some of the stocks with high ROE to profit.
ROE: A Key Metric
ROE = Net Income/Shareholders’ Equity
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company. In other words, this financial metric enables investors to identify companies that diligently deploy cash for higher returns.
Moreover, ROE is often used to compare the profitability of a company with other firms in the industry — the higher, the better. It measures how well a company is multiplying its profits without investing new equity capital and portrays management’s efficiency in rewarding shareholders with attractive risk-adjusted returns.
Parameters Used for Screening
In order to shortlist stocks that are cash-rich with high ROE, we have added Cash Flow greater than $1 billion and ROE greater than X-Industry as our primary screening parameters. In addition, we have taken a few other criteria into consideration to arrive at a winning strategy.
Price/Cash Flow lesser than X-Industry: This metric measures how much investors pay for $1 of free cash flow. A lower ratio indicates that investors need to pay less for a better cash flow-generating stock.
Return on Assets (ROA) greater than X-Industry: This metric determines how much profit a company earns for every dollar of asset, which includes cash, accounts receivable, property, equipment, inventory and furniture. The higher the ROA, the better it is for the company.
5-Year EPS Historical Growth greater than X-Industry: This criterion indicates that continued earnings momentum has translated into solid cash strength.
Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
Here are five of the 21 stocks that qualified the screen:
Louisiana-Pacific Corporation: Headquartered in Nashville, TN, Louisiana-Pacific is a leading manufacturer of sustainable, quality engineered wood building materials, structural framing products and exterior siding for use in residential, industrial and light commercial construction. The company’s products are used primarily in new home construction, repair and remodeling and outdoor structures.
Louisiana-Pacific delivered a trailing four-quarter earnings surprise of 14%, on average. It sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Interpublic Group of Companies, Inc.: New York-based Interpublic, together with its subsidiaries, provides advertising and marketing services worldwide. It offers multi-channel advertising and communications and marketing services such as meeting and event production, public relations, sports and entertainment marketing, corporate and brand identity and strategic marketing consulting to a broad list of customers in more than 110 countries.
The company has a long-term earnings growth expectation of 4.4% and delivered a trailing four-quarter earnings surprise of 26%, on average. Interpublic carries a Zacks Rank #2.
Public Storage: Glendale, CA-based Public Storage is a leading self-storage real estate investment trust in the United States. The company acquires, develops, owns and operates self-storage facilities, generally on a month-to-month basis for business and personal use. The company delivered a trailing four-quarter earnings surprise of 4.5%, on average.
Public Storage carries a Zacks Rank #2. The company has a long-term earnings growth expectation of 7.1%. The ‘Public Storage’ brand is the most recognized and established name in the self-storage industry, with a presence in all major metropolitan markets of the country.
APA Corporation: Founded in 1954, Houston, TX-based APA Corporation is one of the world's leading independent energy companies engaged in the exploration, development and production of natural gas, crude oil and natural gas liquids. Region-wise, the company’s operations are in the United States, Egypt, and the United Kingdom's North Sea. APA also holds acreage in offshore Suriname (South America) and other international locations.
This Zacks #2 Ranked company has a long-term earnings growth expectation of 26.5% and delivered a trailing four-quarter earnings surprise of 5.7%, on average. APA’s high-quality drilling inventory with greater resource potential should enable it to deliver competitive per share growth.
Dillard's, Inc.: Founded in 1938, Dillard's is a large departmental store chain featuring fashion apparel and home furnishings. Its merchandise mix consists of both branded and private-label items. The company’s strategy is to offer more fashion-forward and trendy products to attract customers.
Dillard’s is benefiting from continued momentum in consumer demand and better inventory management. The company has a long-term earnings growth expectation of 14.6% and delivered a trailing four-quarter earnings surprise of 224.1%, on average. Dillard’s sports a Zacks Rank #1.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Public Storage (PSA): Free Stock Analysis Report
APA Corporation (APA): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Interpublic Group of Companies, Inc. The (IPG): Free Stock Analysis Report
LouisianaPacific Corporation (LPX): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Louisiana-Pacific Corporation LPX, The Interpublic Group of Companies, Inc. IPG, Public Storage PSA, APA Corporation APA and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. Dillard's, Inc. (DDS): Free Stock Analysis Report The U.S. equity markets bounced back from the recent downtrend witnessed over the past few days, driven by optimism surrounding President Biden’s tariff reconsideration against China and rising Treasury yields.
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Louisiana-Pacific Corporation LPX, The Interpublic Group of Companies, Inc. IPG, Public Storage PSA, APA Corporation APA and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. Dillard's, Inc. (DDS): Free Stock Analysis Report This Zacks #2 Ranked company has a long-term earnings growth expectation of 26.5% and delivered a trailing four-quarter earnings surprise of 5.7%, on average.
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Louisiana-Pacific Corporation LPX, The Interpublic Group of Companies, Inc. IPG, Public Storage PSA, APA Corporation APA and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. Dillard's, Inc. (DDS): Free Stock Analysis Report This Zacks #2 Ranked company has a long-term earnings growth expectation of 26.5% and delivered a trailing four-quarter earnings surprise of 5.7%, on average.
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Louisiana-Pacific Corporation LPX, The Interpublic Group of Companies, Inc. IPG, Public Storage PSA, APA Corporation APA and Dillard's, Inc. DDS are some of the stocks with high ROE to profit. Dillard's, Inc. (DDS): Free Stock Analysis Report Parameters Used for Screening In order to shortlist stocks that are cash-rich with high ROE, we have added Cash Flow greater than $1 billion and ROE greater than X-Industry as our primary screening parameters.
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4ba4be76-45df-4a68-bc41-eb16aa1a0c66
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719385.0
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2022-05-20 00:00:00 UTC
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Dillard's Shares Cross Below 200 DMA
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DDS
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https://www.nasdaq.com/articles/dillards-shares-cross-below-200-dma
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nan
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nan
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In trading on Friday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $253.68, changing hands as low as $244.33 per share. Dillard's Inc. shares are currently trading off about 7.8% on the day. The chart below shows the one year performance of DDS shares, versus its 200 day moving average:
Looking at the chart above, DDS's low point in its 52 week range is $127.27 per share, with $416.71 as the 52 week high point — that compares with a last trade of $250.01.
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Friday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $253.68, changing hands as low as $244.33 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $127.27 per share, with $416.71 as the 52 week high point — that compares with a last trade of $250.01. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Friday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $253.68, changing hands as low as $244.33 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $127.27 per share, with $416.71 as the 52 week high point — that compares with a last trade of $250.01. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Friday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $253.68, changing hands as low as $244.33 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $127.27 per share, with $416.71 as the 52 week high point — that compares with a last trade of $250.01. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Friday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $253.68, changing hands as low as $244.33 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $127.27 per share, with $416.71 as the 52 week high point — that compares with a last trade of $250.01. Dillard's Inc. shares are currently trading off about 7.8% on the day.
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2c23ba54-9fc2-4267-b8f8-b6ff622ce632
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719386.0
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2022-05-20 00:00:00 UTC
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Zacks.com featured highlights include Avis Budget Group, Archer-Daniels-Midland, and Dillard
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DDS
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-include-avis-budget-group-archer-daniels-midland-and-dillard
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nan
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For Immediate Release
Chicago, IL – May 20, 2022 – Stocks in this week’s article are Avis Budget Group, Inc. CAR, Archer-Daniels-Midland Co. ADM and Dillard's, Inc. DDS.
Bet on 3 Stocks with Momentum Anomalies for a Winning Portfolio
With intense volatility spooking equity markets, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks when value or growth investing fails to generate the desired profits.
This approach primarily tends to follow the adage, "the trend is your friend." At its core, momentum investing is "buying high and selling higher." It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. But before we delve deep into it, let us try to fathom why does the momentum strategy at all work?
There are several behavioral biases that most investors exhibit in their decision-making. And these emotional responses, or rather mistakes, are the very reason that makes momentum strategy work.
For example, some investors are anxious about booking losses and hence hold on to losing stocks for too long, hopeful of a rebound in prices. On the other hand, a few investors sell their winners way too early. Momentum investing is one of the best strategies to avoid making such errors in judgment.
Furthermore, investors initially tend to underreact to news, events or data releases. However, once things become clear, they have a habit of going with the flow and overreacting, causing dramatic price reactions. These behavioral problems extend trends, thus opening up huge opportunities for momentum players.
To sum up, momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again.
In this context, stocks like Avis Budget Group, Inc., Archer-Daniels-Midland Co. and Dillard's, Inc. are worth betting on.
Momentum strategies have been known to be alpha-generative over a long period and across market stages. So, this strategy is quite tricky to implement, as detecting these trends is no child's play.
Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from both long-term price momentum and a short-term pullback in price.
Here are three of the seven stocks that made it through this screen:
Headquartered in Parsippany, N.J., Avis Budget Group operates as a leading vehicle rental operator in North America, Europe and Australasia, with an average rental fleet of nearly 650,000 vehicles. The company is a leading global provider of mobility solutions through its three most recognized brands — Avis, Budget and Zipcar. Avis Budget has gained 124.8% in the past year but declined 16.6% in the past week. It has a Momentum Score of A.
Founded in 1902, Illinois-based Archer-Daniels-Midland Co. is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products. The stock has rallied 27.9% in the past year but gained a mere 0.2% in the past week. It has a Momentum Score of B.
Dillard's Inc. is a large departmental store chain featuring fashion apparel and home furnishings. As of Apr 30, 2022, Dillard's had about 251 namesake outlets and 29 clearance centers spanning 29 states. The company also sells its merchandise through the Internet at www.dillards.com. Stores are mainly located in the Southwest, Southeast and Midwest regions of the United States. The stock has appreciated 106.1% in the past year but declined 5.3% in the past week. It has a Momentum Score of A.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1926452/bet-on-3-stocks-with-momentum-anomaly-for-a-winning-portfolio
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
Follow us on Twitter: https://www.twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Avis Budget Group, Inc. (CAR): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Archer Daniels Midland Company (ADM): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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CAR, Archer-Daniels-Midland Co. ADM and Dillard's, Inc. DDS. Dillard's, Inc. (DDS): Free Stock Analysis Report One of the most successful game plans to beat the blues is to bet on momentum stocks when value or growth investing fails to generate the desired profits.
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CAR, Archer-Daniels-Midland Co. ADM and Dillard's, Inc. DDS. Dillard's, Inc. (DDS): Free Stock Analysis Report For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1926452/bet-on-3-stocks-with-momentum-anomaly-for-a-winning-portfolio Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
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CAR, Archer-Daniels-Midland Co. ADM and Dillard's, Inc. DDS. Dillard's, Inc. (DDS): Free Stock Analysis Report For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1926452/bet-on-3-stocks-with-momentum-anomaly-for-a-winning-portfolio Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
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CAR, Archer-Daniels-Midland Co. ADM and Dillard's, Inc. DDS. Dillard's, Inc. (DDS): Free Stock Analysis Report Click here to sign up for a free trial to the Research Wizard today.
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f52f3d6b-70c7-4530-8d56-e1fe15dca7bf
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719387.0
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2022-05-19 00:00:00 UTC
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Bet on 3 Stocks With Momentum Anomaly for a Winning Portfolio
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DDS
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https://www.nasdaq.com/articles/bet-on-3-stocks-with-momentum-anomaly-for-a-winning-portfolio
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nan
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nan
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With intense volatility spooking equity markets, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks when value or growth investing fails to generate the desired profits.
This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. But before we delve deep into it, let us try to fathom why does the momentum strategy at all work?
There are several behavioral biases that most investors exhibit in their decision-making. And these emotional responses, or rather mistakes, are the very reason that makes momentum strategy work.
For example, some investors are anxious about booking losses and hence hold on to losing stocks for too long, hopeful of a rebound in prices. On the other hand, a few investors sell their winners way too early. Momentum investing is one of the best strategies to avoid making such errors in judgment.
Furthermore, investors initially tend to underreact to news, events or data releases. However, once things become clear, they have a habit of going with the flow and overreacting, causing dramatic price reactions. These behavioral problems extend trends, thus opening up huge opportunities for momentum players.
To sum up, momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again.
In this context, stocks like Avis Budget Group, Inc. CAR, Archer-Daniels-Midland Company ADM and Dillard's, Inc. DDS are worth betting on.
Momentum strategies have been known to be alpha-generative over a long period and across market stages. So, this strategy is quite tricky to implement, as detecting these trends is no child’s play.
Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from both long-term price momentum and a short-term pullback in price.
Screening Parameters
Percentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get the best stocks that have appreciated steadily over the past year.
Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period. This parameter picks the ones that have witnessed a short-term pullback in price.
Zacks Rank #1: Stocks sporting a Zacks Rank #1 (Strong Buy) have a proven history of outperformance irrespective of the market conditions. You can see the complete list of today’s Zacks #1 Rank stocks here.
Momentum Style Score of B or Better: A top Momentum Style Score knocks out a lot of the screening process as it takes into account several factors that include volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), handily outperform other stocks.
Current Price greater than $5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure the stability of price.
Average 20-Day Volume greater than 100,000: A substantial trading volume ensures that these stocks are easily tradable.
Here are three of the seven stocks that made it through this screen:
Headquartered in Parsippany, N.J., Avis Budget Group operates as a leading vehicle rental operator in North America, Europe and Australasia, with an average rental fleet of nearly 650,000 vehicles. The company is a leading global provider of mobility solutions through its three most recognized brands — Avis, Budget and Zipcar. Avis Budget has gained 124.8% in the past year but declined 16.6% in the past week. It has a Momentum Score of A.
Founded in 1902, Illinois-based Archer-Daniels-Midland Company is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products. The stock has rallied 27.9% in the past year but gained a mere 0.2% in the past week. It has a Momentum Score of B.
Dillard's Inc. is a large departmental store chain featuring fashion apparel and home furnishings. As of Apr 30, 2022, Dillard’s had about 251 namesake outlets and 29 clearance centers spanning 29 states. The company also sells its merchandize through the Internet at www.dillards.com. Stores are mainly located in the Southwest, Southeast and Midwest regions of the United States. The stock has appreciated 106.1% in the past year but declined 5.3% in the past week. It has a Momentum Score of A.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.4% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Avis Budget Group, Inc. (CAR): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Archer Daniels Midland Company (ADM): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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CAR, Archer-Daniels-Midland Company ADM and Dillard's, Inc. DDS are worth betting on. Dillard's, Inc. (DDS): Free Stock Analysis Report With intense volatility spooking equity markets, investors often seek to employ time-tested winning strategies to fetch sustained profits.
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CAR, Archer-Daniels-Midland Company ADM and Dillard's, Inc. DDS are worth betting on. Dillard's, Inc. (DDS): Free Stock Analysis Report Screening Parameters Percentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks.
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CAR, Archer-Daniels-Midland Company ADM and Dillard's, Inc. DDS are worth betting on. Dillard's, Inc. (DDS): Free Stock Analysis Report This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it.
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Dillard's, Inc. (DDS): Free Stock Analysis Report CAR, Archer-Daniels-Midland Company ADM and Dillard's, Inc. DDS are worth betting on. Momentum strategies have been known to be alpha-generative over a long period and across market stages.
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2022-05-19 00:00:00 UTC
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Kohl's (KSS) Stock Down on Q1 Earnings Miss, Lowered View
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https://www.nasdaq.com/articles/kohls-kss-stock-down-on-q1-earnings-miss-lowered-view
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Kohl's Corporation KSS lowered its guidance for full-year 2022 on dismal results in the first quarter, wherein the top and bottom lines declined year over year and fell short of the Zacks Consensus Estimate. While the quarter began on a solid note, sales significantly weakened in April as the company faced tough comparisons with the year-ago period, which benefited from stimulus. Also, an inflationary consumer landscape in the quarter under review hurt sales. Shares of the company fell more than 6% during the pre-market trading session on May 19.
However, management remains focused on its long-term plan and is encouraged about its updated stores (with Sephora at Kohl’s shops) generating positive comparable store sales (comps) in 200 of these locations. Management expects continued business growth in the second half as it gains from the roll out of another 400 stores, more store investments and improved loyalty rewards.
Management is meticulously testing Kohl’s standalone strategic plan against probable alternatives. It also appointed its Finance Committee to head the ongoing process of assessing expressions of interest.
Quarter in Detail
Kohl's posted adjusted earnings of 11 cents per share, which plunged 90% from the $1.05 reported in the year-ago period. The bottom line came way below the Zacks Consensus Estimate of 75 cents.
Kohl's Corporation Price, Consensus and EPS Surprise
Kohl's Corporation price-consensus-eps-surprise-chart | Kohl's Corporation Quote
Total revenues came in at $3,715 million, down 4.4% from the prior-year quarter’s levels. The metric fell short of the Zacks Consensus Estimate of $3,854 million. Net sales dipped 5.2% in the quarter to $3,471 million. Comps also decreased by 5.2%.
Kohl's gross margin contracted from 39% to 38.3% during the reported quarter. SG&A expenses increased by 10.5% to $1,293 million. As a percentage of the total revenues, SG&A expenses expanded 470 basis points to 34.8%. The company reported an operating income of $82 million, lower than the year-ago quarter’s figure of $273 million.
Other Financial Details
Kohl’s ended the quarter with cash and cash equivalents of $646 million, long-term debt of $164 million and shareholders’ equity of $4,456 million. KSS used net cash from operating activities of $460 million during the three-month period ended Apr 30, 2022.
On May 10, 2022, Kohl’s declared a quarterly cash dividend of 50 cents per share, payable on Jun 22, 2022 to shareholders of record as of Jun 8.
On its fourth-quarter fiscal 2021earnings call the company projected capital expenditures of about $850 million for the full year of 2022, which includes the expansion of its Sephora tie-up and store refurbishment actions.
Guidance
Management lowered its guidance for full-year 2022. It now expects net sales growth of flat to 1%. The operating margin is likely to be 7-7.2%. Kohl’s envisions earnings per share (EPS) in the range of $7.45-$7.85 (excluding non-recurring charges). The company posted an adjusted EPS of $7.33 in full-year 2021. Earlier, management expected net sales to grow 2-3%. The operating margin was anticipated at 7.2-7.5% and the EPS was guided in the range of $7.00-$7.50 (excluding non-recurring charges).
Shares of this Zacks Rank #3 (Hold) company have decreased 24.6% in the past three months compared with the industry’s decline of 4.5%.
3 Retail Stocks for You
Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Costco Wholesale Corporation COST.
Dillard's, which operates retail department stores, sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 224.1%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dillard's current financial-year sales suggests growth of 6.1% from the year-ago period. DDS has an expected EPS growth rate of 14.6% for three to five years.
Kroger, a renowned supermarket company, carries a Zacks Rank #2 (Buy). The company has an expected EPS growth rate of 9.9% for three to five years.
The Zacks Consensus Estimate for Kroger’s current financial-year sales suggests growth of 3.2% from the year-ago period. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
Costco, the operator of membership warehouses, holds a Zacks Rank #2. Costco has a trailing four-quarter earnings surprise of 13.3%, on average. The company has an expected EPS growth rate of 9.1% for three to five years.
The Zacks Consensus Estimate for COST’s current financial-year sales suggests growth of nearly 14% from the year-ago period.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +25.4% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Kohl's Corporation (KSS): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
Costco Wholesale Corporation (COST): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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3 Retail Stocks for You Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Costco Wholesale Corporation COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks for You Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Costco Wholesale Corporation COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks for You Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Costco Wholesale Corporation COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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3 Retail Stocks for You Here are three better-ranked stocks – Dillard's, Inc. DDS, The Kroger Co. KR and Costco Wholesale Corporation COST. DDS has an expected EPS growth rate of 14.6% for three to five years. Dillard's, Inc. (DDS): Free Stock Analysis Report
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32862e70-b96a-4965-a668-67cf5830c2e1
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719389.0
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2022-05-18 00:00:00 UTC
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ETFs & Stocks to Win on Uptick in April Retail Sales
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https://www.nasdaq.com/articles/etfs-stocks-to-win-on-uptick-in-april-retail-sales
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Retail sales in the United States increased 0.9% sequentially in April of 2022, after an upwardly revised 1.4% surge in March and matching market forecasts. The reading showed American consumers continued to spend despite red-hot inflation.
However, it marked the smallest gain in retail trade in four months. Consumer spending makes up about 70% of U.S. economic activity. Thus, any gain in it will likely brighten the economic growth picture. Year-on-year, retail sales increased 8.2%.
Below we highlight a few areas and the related ETFs & stocks that may benefit handsomely.
Winning Areas
Non-Store Retailers
Sales of this category rose 2.1% sequentially. Year over year, sales were up 12.7%. Consumers’ interest in buying products online kept the demand high for the segment.
ProShares Online Retail ETF ONLN is a good bet to tap the winning trend of non-store retailers. The underlying ProShares Online Retail Index is a specialized retail index, tracking retailers that principally sell online or through other non-store channels.
For a single-stock selection, Zacks Rank #1 (Strong Buy) Solo Brands DTC appears as a good pick. It is a DTC platform which offers products directly to consumers primarily online through lifestyle brands Solo Stove firepits, stoves, and accessories, Chubbies apparel, Oru Kayak, a folding portable kayak and Isle paddleboards.
Miscellaneous Store Retailers
Sales grew 4% sequentially in April and 18.6% year over year. Sales at department store rose 1.1% in April versus 2.9% in March. If job data remains stable, consumers may continue to splurge on activities.
Consumer Discretionary Select Sector SPDR ETF XLY thus looks to be a great pick. The underlying Consumer Discretionary Select Sector Index of the fund seeks to provide an effective representation of the consumer discretionary sector of the S&P 500 Index.
Zacks Rank #1 Dillard's DDS is a large departmental store chain featuring fashion apparel and home furnishings.
Food Services & Drinking Places
Sales of this category gained 2% sequentially in April and 19.8% year over year.
AdvisorShares Restaurant ETF EATZ is a pureplay restaurant ETF. This ETF is active and does not track a benchmark.
The Zacks Rank #2 (Buy) Jack in the Box Inc. JACK is a restaurant company that operates and franchises through Jack in the Box quick-service restaurants, and is one of the nation’s largest hamburger chains.
Motor Vehicle & Parts Dealers
Sales of this category gained 2.2% sequentially in April but fell 1.7% year over year.
First Trust SNetwork Future Vehicles & Technology ETF CARZ follows the S-Network Electric & Future Vehicle Ecosystem Index constituents are chosen by selecting the eligible Pure-Play companies in descending order of float-adjusted market capitalization until 100 constituents have been selected.
The Zacks Rank #3 (Hold) AutoZone Inc. AZO is one of the leading specialty retailers and distributor of automotive replacement parts and accessories in the United States.
Clothing
Apparel and accessories sales gained 0.8% sequentially in the month and 8% year over year. Apparel Retail takes about 19.3% of the fund SPDR S&P Retail ETF XRT. The fund is thus well-positioned to benefit from the trend.
Zacks Rank #1 Boot Barn BOOT appears a nice bet here. It operates as a lifestyle retail chain devoted to western and work-related footwear, apparel and accessories.
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Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Janus Henderson Sustainable & Impact Core Bond ETF (JACK): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
AutoZone, Inc. (AZO): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
SPDR S&P Retail ETF (XRT): ETF Research Reports
Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports
First Trust SNetwork Future Vehicles & Technology ETF (CARZ): ETF Research Reports
ProShares Online Retail ETF (ONLN): ETF Research Reports
AdvisorShares Restaurant ETF (EATZ): ETF Research Reports
Solo Brands, Inc. (DTC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Zacks Rank #1 Dillard's DDS is a large departmental store chain featuring fashion apparel and home furnishings. Dillard's, Inc. (DDS): Free Stock Analysis Report Retail sales in the United States increased 0.9% sequentially in April of 2022, after an upwardly revised 1.4% surge in March and matching market forecasts.
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Zacks Rank #1 Dillard's DDS is a large departmental store chain featuring fashion apparel and home furnishings. Dillard's, Inc. (DDS): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
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Zacks Rank #1 Dillard's DDS is a large departmental store chain featuring fashion apparel and home furnishings. Dillard's, Inc. (DDS): Free Stock Analysis Report SPDR S&P Retail ETF (XRT): ETF Research Reports
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Zacks Rank #1 Dillard's DDS is a large departmental store chain featuring fashion apparel and home furnishings. Dillard's, Inc. (DDS): Free Stock Analysis Report Winning Areas Non-Store Retailers Sales of this category rose 2.1% sequentially.
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2022-05-18 00:00:00 UTC
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Now's the Time to Buy These 5 Relative Price Strength Stocks
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https://www.nasdaq.com/articles/nows-the-time-to-buy-these-5-relative-price-strength-stocks
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U.S. stock markets are in the grip of extreme volatility, thanks to concerns about continuing inflation. The destruction of the global supply-chain system and geopolitical conflicts are also responsible for the dismal performance of equities, and the loss of interest from Wall Street. After robust returns during 2021, the benchmark S&P 500 Index has experienced a slowdown in 2022, losing around 14% so far.
U.S. inflation is currently at a 40-year high and the Fed is gradually shifting from an ultra-dovish to an ultra-hawkish policy regime. Per a large section of market watchers, supply-chain devastation and the termination of the easy-money policy are likely to reduce aggregate demand, pushing the economy into recession. In other words, it is likely that the mayhem will continue in the near term amid growing concerns about rising interest rates and economic sluggishness.
For investors who might want to stay exposed to the market during this uncertain phase, it is time to focus on good investment opportunities. One of the ways such potential plays could be identified is to look for signs of relative price strength.
Relative Price Strength Strategy
Investors generally gauge a stock’s potential returns by examining earnings growth and valuation multiples. At the same time, it’s essential to measure the performance of such a stock relative to its industry or peers, or an appropriate benchmark.
If you see that a stock is underperforming on fundamental factors, it would be prudent to move on and find a better alternative. However, those outperforming their respective sectors in terms of price should be selected because they stand a better chance of providing considerable returns.
Then again, it is imperative that you determine whether or not an investment has relevant upside potential when considering stocks with significant relative price strength. Stocks delivering better than the S&P 500 for 1 to 3 months at least and having solid fundamentals indicate room for growth and are the best ways to go about this strategy.
Finally, it is crucial to find out whether analysts are optimistic about the upcoming earnings of these companies. In order to do this, we have added positive estimate revisions for the current quarter’s (Q1) earnings to our screen. When a stock undergoes an upward revision, it leads to additional price gains.
Screening Parameters
Relative % Price change – 12 weeks greater than 0
Relative % Price change – 4 weeks greater than 0
Relative % Price change – 1 week greater than 0
(We have considered those stocks that have been outperforming the S&P 500 over the last 12 weeks, four weeks and one week.)
% Change (Q1) Est. over 4 Weeks greater than 0: Positive current-quarter estimate revisions over the last four weeks.
Zacks Rank equal to 1: Only Zacks Rank #1 (Strong Buy) stocks — that have returned more than 26% annually over the last 26 years and surpassed the S&P 500 in 23 of the last 26 years — can get through. You can see the complete list of today’s Zacks #1 Rank stocks here.
Current Price greater than or equal to $5 and Average 20-day Volume greater than or equal to 50,000: A minimum price of $5 is a good standard to screen low-priced stocks, while a high trading volume would imply adequate liquidity.
VGM Score less than or equal to B: Our research shows that stocks with a VGM Score of A or B when combined with a Zacks Rank #1 or 2 (Buy) offer the best upside potential.
Here are five of the 37 stocks that made it through the screen:
Westlake Corporation WLK: The Houston, TX-based firm is a global manufacturer and supplier of a range of products that include ethylene, polyethylene, styrene, vinyl intermediates, PVC, PVC Pipe, PVC windows, fence and decking components. Founded in 1986, Westlake has a VGM Score of B.
For 2022, WLK has a projected earnings growth rate of 20.4%. Valued at around $16.9 billion, Westlake shares have gained around 37.9% in a year.
H&R Block, Inc. HRB: It is a leading provider of tax preparation services associated with income tax return preparation in the United States, Canada and Australia. H&R Block has a VGM Score of A. Over the past 30 days, the Kansas City, MO-based HRB saw the Zacks Consensus Estimate for fiscal 2022 move up 10.9%.
H&R Block beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters, the average being 21%. Valued at around $5.2 billion, HRB has increased some 42.8% in a year.
Murphy USA Inc. MUSA: Murphy USA is a leading independent retailer of motor fuel and convenience merchandise in the United States. The 2022 Zacks Consensus Estimate for this El Dorado, AR-based firm indicates 7.5% year-over-year earnings per share growth. MUSA has a VGM Score of A.
Murphy USA beat the Zacks Consensus Estimate for earnings in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 49.1%, on average. MUSA shares have rocketed around 87.7% in a year.
Dillard’s, Inc. DDS: Dillard's, based in Little Rock, AR, is a large departmental store chain featuring fashion apparel and home furnishings. The company’s expected EPS growth rate for three to five years is currently 14.6%, which compares favorably with the industry's growth rate of 11.5%. DDS has a VGM Score of A.
Notably, Dillard’s beat the Zacks Consensus Estimate for earnings in each of the last four quarters. The company has a trailing four-quarter earnings surprise of roughly 224.1%, on average. DDS shares have gone up around 160.9% in a year.
Ryder System, Inc. R: Ryder System is recognized as one of the world's largest providers of integrated logistics and transportation solutions. The 2022 Zacks Consensus Estimate for the Miami, FL-based firm indicates 40.8% year-over-year earnings per share growth. R has a VGM Score of A.
Ryder System beat the Zacks Consensus Estimate for earnings in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 48.2%, on average. R shares have gained around 4.7% in a year.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Westlake Corp. (WLK): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Ryder System, Inc. (R): Free Stock Analysis Report
H&R Block, Inc. (HRB): Free Stock Analysis Report
Murphy USA Inc. (MUSA): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard’s, Inc. DDS: Dillard's, based in Little Rock, AR, is a large departmental store chain featuring fashion apparel and home furnishings. DDS has a VGM Score of A. DDS shares have gone up around 160.9% in a year.
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Dillard’s, Inc. DDS: Dillard's, based in Little Rock, AR, is a large departmental store chain featuring fashion apparel and home furnishings. DDS has a VGM Score of A. DDS shares have gone up around 160.9% in a year.
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Dillard’s, Inc. DDS: Dillard's, based in Little Rock, AR, is a large departmental store chain featuring fashion apparel and home furnishings. DDS has a VGM Score of A. DDS shares have gone up around 160.9% in a year.
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Dillard’s, Inc. DDS: Dillard's, based in Little Rock, AR, is a large departmental store chain featuring fashion apparel and home furnishings. DDS has a VGM Score of A. DDS shares have gone up around 160.9% in a year.
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719391.0
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2022-05-18 00:00:00 UTC
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Bull of the Day: Dillard's, Inc. (DDS)
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DDS
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https://www.nasdaq.com/articles/bull-of-the-day%3A-dillards-inc.-dds
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Dillard’s DDS, a Zacks Rank #1 (Strong Buy), is a long-term stock market winner within the Zacks Retail – Wholesale sector. After becoming severely undervalued when the pandemic initially hit, the stock has surged more than 1,400% since the March 2020 market bottom and is showing no signs of slowing down.
DDS sports the highest-possible ‘A’ rating in both our Zacks Growth and Momentum Style Score categories, indicating an increased likelihood that the stock continues to propel higher. The powerful combination of positive earnings estimate revisions and strong price momentum should serve bullish DDS investors well into the future.
Dillard’s is a component of the Zacks Retail – Regional Department Stores industry, which currently ranks in the top 8% out of approximately 250 industry groups. Because it is ranked in the top half of all Zacks Ranked Industries, we expect this group to outperform the market over the next 3 to 6 months. Also note this industry is relatively undervalued:
Image Source: Zacks Investment Research
Quantitative research studies suggest that approximately half of a stock’s future price appreciation is due to its industry grouping. By targeting stocks contained within leading industry groups, we can dramatically improve our odds of success.
Company Description
Dillard’s operates retail department stores where it offers merchandise, cosmetics, home furnishings, and other consumer goods. DDS is also one of the nation’s largest fashion retailers. The company operates approximately 280 stores as well as an online presence. Dillard’s was founded in 1938 and is headquartered in Little Rock, AR.
DDS is much more than just a department store chain. The company also owns a real estate investment trust (REIT), which helps it to enhance its liquidity position. Dillard’s also owns a captive insurance company, enabling it to manage risks more efficiently and provide access to reinsurance markets. The retailer is also engaged in the general contracting construction business.
Recent Earnings and Future Estimates
DDS has been on a hot streak in terms of earnings surprises, beating estimates for eight quarters in a row. Just last week, the company reported Q1 EPS of $13.37, a +149.44% surprise over the $5.36 consensus estimate. Dillard’s has posted a trailing four-quarter average earnings surprise of +224.13%. When a company is consistently exceeding estimates by this wide of a margin, it typically creates a ‘tailwind’ and boosts price momentum.
Sales for the first quarter of $1.61 billion also topped estimates by 4.12%. DDS has surpassed revenue estimates in each of the last five quarters.
In the past week, analysts have raised their full-year EPS projections by +30.66%. The Zacks Consensus EPS Estimate now stands at $23.44 per share. Revenues are anticipated to climb 6.13% to $6.89 billion.
Charting the Course
DDS is up nearly 34% this year alone, widely outperforming the major indices. Only stocks that are in extremely powerful uptrends are able to weather bear markets and corrections so gracefully. This is the kind of stock we want to include in our portfolio – one that is trending well and receiving positive earnings estimate revisions.
Image Source: StockCharts
Notice how the 10-month moving average (as evidenced by the blue line) is sloping up. The stock is making a series of higher highs and is showing relative strength versus the market. With both strong fundamentals and technicals, DDS has been one of the biggest winners over the past several years.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. And as we know, Dillard’s has seen a recent batch of positive revisions. As long as this trend remains intact (and DDS continues to post earnings beats), the stock should continue its bullish run this year.
Other Factors to Consider
Dillard’s remains focused on maintaining a strong balance sheet and liquidity. The company owns 90% of its retail stores and 100% of its corporate headquarters, distribution and fulfillment facilities. DDS has relatively low long-term debt obligations.
Management recently approved a $500 million share repurchase plan. Additionally, Dillard’s board increased its quarterly dividend to 20 cents/share, equating to a yield of 0.25%.
Bottom Line
As an established veteran in the industry, Dillard’s core business remains strong despite competitive challenges. Buoyed by an undervalued and leading industry group along with a maximum overall Zacks VGM score of ‘A’, it’s not difficult to see why DDS is a compelling investment.
A history of large earnings surprises along with a strong technical trend certainly warrant a closer look at this top-rated stock. Recent positive earnings estimate revisions should also serve to create a ‘floor’ in terms of any sudden or unexpected downside moves. If you’re looking for a way to diversify your portfolio, make sure to put DDS on your shortlist.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DDS sports the highest-possible ‘A’ rating in both our Zacks Growth and Momentum Style Score categories, indicating an increased likelihood that the stock continues to propel higher. The powerful combination of positive earnings estimate revisions and strong price momentum should serve bullish DDS investors well into the future. Dillard’s DDS, a Zacks Rank #1 (Strong Buy), is a long-term stock market winner within the Zacks Retail – Wholesale sector.
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Dillard’s DDS, a Zacks Rank #1 (Strong Buy), is a long-term stock market winner within the Zacks Retail – Wholesale sector. The powerful combination of positive earnings estimate revisions and strong price momentum should serve bullish DDS investors well into the future. As long as this trend remains intact (and DDS continues to post earnings beats), the stock should continue its bullish run this year.
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Dillard’s DDS, a Zacks Rank #1 (Strong Buy), is a long-term stock market winner within the Zacks Retail – Wholesale sector. Recent Earnings and Future Estimates DDS has been on a hot streak in terms of earnings surprises, beating estimates for eight quarters in a row. DDS sports the highest-possible ‘A’ rating in both our Zacks Growth and Momentum Style Score categories, indicating an increased likelihood that the stock continues to propel higher.
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Dillard’s DDS, a Zacks Rank #1 (Strong Buy), is a long-term stock market winner within the Zacks Retail – Wholesale sector. DDS sports the highest-possible ‘A’ rating in both our Zacks Growth and Momentum Style Score categories, indicating an increased likelihood that the stock continues to propel higher. The powerful combination of positive earnings estimate revisions and strong price momentum should serve bullish DDS investors well into the future.
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18203673-413c-4611-8d6b-0324595fac4b
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719392.0
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2022-05-17 00:00:00 UTC
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Here's How Much a $1000 Investment in Dillard's Made 10 Years Ago Would Be Worth Today
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DDS
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https://www.nasdaq.com/articles/heres-how-much-a-%241000-investment-in-dillards-made-10-years-ago-would-be-worth-today
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nan
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How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today?
Dillard's' Business In-Depth
With that in mind, let's take a look at Dillard's' main business drivers.
Dillard's Inc. is a large departmental store chain featuring fashion apparel and home furnishings. As of Apr 30, 2022, Dillard’s had about 251 namesake outlets and 29 clearance centers spanning in 29 states. The company also sells its merchandize through the Internet at www.dillards.com. Stores are mainly located in the Southwest, Southeast, and Midwest regions of the United States.
The company’s primary product categories comprise women’s and children’s apparel, shoes, accessories and lingerie, men’s clothing and accessories, cosmetics, home, and children’s clothing. Its merchandise mix consists of both branded and private-label items. The company’s strategy is to offer more fashion-forward and trendy products in order to attract customers.
Dillard’s also owns a real estate investment trust (REIT), which helps it to enhance its liquidity position. Revenues of a REIT company mostly come from either rent or mortgage payments. The company has an obligation to distribute at least 90% of its taxable income to investors in the form of dividends. A REIT company does not have to pay taxes at the corporate level.
Moreover, Dillard’s has a wholly owned captive insurance company, which enables it to manage its risks more efficiently and provide access to more reinsurance markets. A captive insurance company is an ‘in- house’ insurance company with limited purpose, which insures the risks of its parent company. The captive insurance company may reinsure some or all risks, or may retain such risks of its parent company. The primary goal of forming a captive insurance company is to retain the profit that would have been made by an outside third-party insurance company or in a situation where the coverage is not available for business risks.
Bottom Line
Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Dillard's a decade ago, you're probably feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in May 2012 would be worth $4,733.64, or a gain of 373.36%, as of May 17, 2022, and this return excludes dividends but includes price increases.
The S&P 500 rose 202.54% and the price of gold increased 11.52% over the same time frame in comparison.
Going forward, analysts are expecting more upside for DDS.
Shares of Dillard's have outpaced the industry in a year, courtesy of its robust earnings surprise trend, which continued in first-quarter fiscal 2022. Both top and bottom lines beat the Zacks Consensus Estimate and rose year over year. This marked the eighth straight quarter of an earnings beat. Results gained from the continued momentum in consumer demand and better inventory levels. The company witnessed robust sales in men’s apparel and accessories, ladies, and children’s apparel. This along with improved margins and lower operating expenses as a percentage of sales led to bottom-line growth. However, it continues to witness a rising trend in SG&A expenses. Also, stiff competition and raw material price inflation remain concerns.
Over the past four weeks, shares have rallied 7.71%, and there have been 1 higher earnings estimate revisions in the past two months for fiscal 2022 compared to none lower. The consensus estimate has moved up as well.
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In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022?
From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.
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Dillard's, Inc. (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Going forward, analysts are expecting more upside for DDS.
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What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Going forward, analysts are expecting more upside for DDS.
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What if you'd invested in Dillard's (DDS) ten years ago? It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? Going forward, analysts are expecting more upside for DDS.
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It may not have been easy to hold on to DDS for all that time, but if you did, how much would your investment be worth today? What if you'd invested in Dillard's (DDS) ten years ago? Going forward, analysts are expecting more upside for DDS.
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5f15fd89-37c2-45fe-96c8-86926be1be6f
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719393.0
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2022-05-16 00:00:00 UTC
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Best Momentum Stocks to Buy for May 16th
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DDS
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https://www.nasdaq.com/articles/best-momentum-stocks-to-buy-for-may-16th
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 16th:
Barrett Business Services, Inc. BBSI: This provider of business management solutions to small and mid-sized companies has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.9% over the last 60 days.
Barrett Business Services, Inc. Price and Consensus
Barrett Business Services, Inc. price-consensus-chart | Barrett Business Services, Inc. Quote
Barrett’ shares gained 22.4% over the last three months compared with the S&P 500’s decline of 10.4%. The company possesses a Momentum Score of B.
Barrett Business Services, Inc. Price
Barrett Business Services, Inc. price | Barrett Business Services, Inc. Quote
Dillard's, Inc. DDS: This large fashion retailing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. price-consensus-chart | Dillard's, Inc. Quote
Dillard’s shares gained 27.9% over the last three months compared with the S&P 500’s decline of 10.4%. The company possesses a Momentum Score of A.
Dillard's, Inc. Price
Dillard's, Inc. price | Dillard's, Inc. Quote
Pangaea Logistics Solutions, Ltd. PANL: This seaborne dry-bulk transportation services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 53.2% over the last 60 days.
Pangaea Logistics Solutions Ltd. Price and Consensus
Pangaea Logistics Solutions Ltd. price-consensus-chart | Pangaea Logistics Solutions Ltd. Quote
Pangaea’s shares gained 10.9% over the last three months compared with the S&P 500’s decline of 10.4%. The company possesses a Momentum Score of B.
Pangaea Logistics Solutions Ltd. Price
Pangaea Logistics Solutions Ltd. price | Pangaea Logistics Solutions Ltd. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Investor Alert: Legal Marijuana Looking for big gains?
Now is the time to get in on a young industry primed to skyrocket from $13.5 billion in 2021 to an expected $70.6 billion by 2028.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could kick start an even greater bonanza for investors. Zacks Investment Research has recently closed pot stocks that have shot up as high as +147.0%.
You’re invited to immediately check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
Today, Download Marijuana Moneymakers FREE >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Barrett Business Services, Inc. (BBSI): Free Stock Analysis Report
Pangaea Logistics Solutions Ltd. (PANL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The company possesses a Momentum Score of B. Barrett Business Services, Inc. Price Barrett Business Services, Inc. price | Barrett Business Services, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 16th: Barrett Business Services, Inc. BBSI: This provider of business management solutions to small and mid-sized companies has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.9% over the last 60 days.
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The company possesses a Momentum Score of B. Barrett Business Services, Inc. Price Barrett Business Services, Inc. price | Barrett Business Services, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Barrett Business Services, Inc. Price and Consensus Barrett Business Services, Inc. price-consensus-chart | Barrett Business Services, Inc. Quote Barrett’ shares gained 22.4% over the last three months compared with the S&P 500’s decline of 10.4%.
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The company possesses a Momentum Score of B. Barrett Business Services, Inc. Price Barrett Business Services, Inc. price | Barrett Business Services, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 16th: Barrett Business Services, Inc. BBSI: This provider of business management solutions to small and mid-sized companies has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.9% over the last 60 days.
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The company possesses a Momentum Score of B. Barrett Business Services, Inc. Price Barrett Business Services, Inc. price | Barrett Business Services, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report The company possesses a Momentum Score of A. Dillard's, Inc. Price Dillard's, Inc. price | Dillard's, Inc. Quote Pangaea Logistics Solutions, Ltd. PANL: This seaborne dry-bulk transportation services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 53.2% over the last 60 days.
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ae9744ff-fefe-4500-b96c-54843c13c883
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719394.0
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2022-05-16 00:00:00 UTC
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Has Dillard's (DDS) Outpaced Other Retail-Wholesale Stocks This Year?
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DDS
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https://www.nasdaq.com/articles/has-dillards-dds-outpaced-other-retail-wholesale-stocks-this-year
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Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Dillard's is a member of our Retail-Wholesale group, which includes 230 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Dillard's is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for DDS' full-year earnings has moved 23.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that DDS has returned about 32.1% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of -23.4%. This means that Dillard's is outperforming the sector as a whole this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Potbelly (PBPB). The stock is up 1.4% year-to-date.
In Potbelly's case, the consensus EPS estimate for the current year increased 80% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Dillard's belongs to the Retail - Regional Department Stores industry, which includes 3 individual stocks and currently sits at #21 in the Zacks Industry Rank. This group has gained an average of 0.4% so far this year, so DDS is performing better in this area.
On the other hand, Potbelly belongs to the Retail - Restaurants industry. This 43-stock industry is currently ranked #204. The industry has moved -20.4% year to date.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Dillard's and Potbelly as they could maintain their solid performance.
Investor Alert: Legal Marijuana Looking for big gains?
Now is the time to get in on a young industry primed to skyrocket from $13.5 billion in 2021 to an expected $70.6 billion by 2028.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could kick start an even greater bonanza for investors. Zacks Investment Research has recently closed pot stocks that have shot up as high as +147.0%.
You’re invited to immediately check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
Today, Download Marijuana Moneymakers FREE >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Potbelly Corporation (PBPB): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Within the past quarter, the Zacks Consensus Estimate for DDS' full-year earnings has moved 23.3% higher. Our latest available data shows that DDS has returned about 32.1% since the start of the calendar year.
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Dillard's, Inc. (DDS): Free Stock Analysis Report Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Within the past quarter, the Zacks Consensus Estimate for DDS' full-year earnings has moved 23.3% higher.
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Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Within the past quarter, the Zacks Consensus Estimate for DDS' full-year earnings has moved 23.3% higher. Our latest available data shows that DDS has returned about 32.1% since the start of the calendar year.
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Dillard's (DDS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Within the past quarter, the Zacks Consensus Estimate for DDS' full-year earnings has moved 23.3% higher. Our latest available data shows that DDS has returned about 32.1% since the start of the calendar year.
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23b1ef6b-394c-41d2-8411-e57eb9d3da4e
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719395.0
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2022-05-16 00:00:00 UTC
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New Strong Buy Stocks for May 16th
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DDS
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https://www.nasdaq.com/articles/new-strong-buy-stocks-for-may-16th
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nan
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Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Solaris Oilfield Infrastructure, Inc. SOI: This company that sells mobile equipment to unload, store, and delivers proppant, water, and chemicals at oil and natural gas well sites has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 73% over the last 60 days.
Solaris Oilfield Infrastructure, Inc. Price and Consensus
Solaris Oilfield Infrastructure, Inc. price-consensus-chart | Solaris Oilfield Infrastructure, Inc. Quote
Dillard's, Inc. DDS: This large fashion retailing company has seen the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. price-consensus-chart | Dillard's, Inc. Quote
Pangaea Logistics Solutions, Ltd. PANL: This seaborne dry-bulk transportation services company has seen the Zacks Consensus Estimate for its current year earnings increasing 53.2% over the last 60 days.
Pangaea Logistics Solutions Ltd. Price and Consensus
Pangaea Logistics Solutions Ltd. price-consensus-chart | Pangaea Logistics Solutions Ltd. Quote
Funko, Inc. FNKO: This licensed pop-culture products company has seen the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.
Funko, Inc. Price and Consensus
Funko, Inc. price-consensus-chart | Funko, Inc. Quote
Williams-Sonoma, Inc. WSM: This omni-channel specialty retailer has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 10% over the last 60 days.
WilliamsSonoma, Inc. Price and Consensus
WilliamsSonoma, Inc. price-consensus-chart | WilliamsSonoma, Inc. Quote
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Investor Alert: Legal Marijuana Looking for big gains?
Now is the time to get in on a young industry primed to skyrocket from $13.5 billion in 2021 to an expected $70.6 billion by 2028.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could kick start an even greater bonanza for investors. Zacks Investment Research has recently closed pot stocks that have shot up as high as +147.0%.
You’re invited to immediately check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
Today, Download Marijuana Moneymakers FREE >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS): Free Stock Analysis Report
WilliamsSonoma, Inc. (WSM): Free Stock Analysis Report
Solaris Oilfield Infrastructure, Inc. (SOI): Free Stock Analysis Report
Funko, Inc. (FNKO): Free Stock Analysis Report
Pangaea Logistics Solutions Ltd. (PANL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Solaris Oilfield Infrastructure, Inc. Price and Consensus Solaris Oilfield Infrastructure, Inc. price-consensus-chart | Solaris Oilfield Infrastructure, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company has seen the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Solaris Oilfield Infrastructure, Inc. SOI: This company that sells mobile equipment to unload, store, and delivers proppant, water, and chemicals at oil and natural gas well sites has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 73% over the last 60 days.
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Solaris Oilfield Infrastructure, Inc. Price and Consensus Solaris Oilfield Infrastructure, Inc. price-consensus-chart | Solaris Oilfield Infrastructure, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company has seen the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Dillard's, Inc. Price and Consensus Dillard's, Inc. price-consensus-chart | Dillard's, Inc. Quote Pangaea Logistics Solutions, Ltd. PANL: This seaborne dry-bulk transportation services company has seen the Zacks Consensus Estimate for its current year earnings increasing 53.2% over the last 60 days.
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Solaris Oilfield Infrastructure, Inc. Price and Consensus Solaris Oilfield Infrastructure, Inc. price-consensus-chart | Solaris Oilfield Infrastructure, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company has seen the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Solaris Oilfield Infrastructure, Inc. SOI: This company that sells mobile equipment to unload, store, and delivers proppant, water, and chemicals at oil and natural gas well sites has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 73% over the last 60 days.
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Solaris Oilfield Infrastructure, Inc. Price and Consensus Solaris Oilfield Infrastructure, Inc. price-consensus-chart | Solaris Oilfield Infrastructure, Inc. Quote Dillard's, Inc. DDS: This large fashion retailing company has seen the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days. Dillard's, Inc. (DDS): Free Stock Analysis Report Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Solaris Oilfield Infrastructure, Inc. SOI: This company that sells mobile equipment to unload, store, and delivers proppant, water, and chemicals at oil and natural gas well sites has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 73% over the last 60 days.
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18015f5a-d38d-4244-af4b-21c70c99021b
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719396.0
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2022-05-16 00:00:00 UTC
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5 Top Stocks Likely to Beat Earnings Estimates
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DDS
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https://www.nasdaq.com/articles/5-top-stocks-likely-to-beat-earnings-estimates-2
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nan
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It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectations. This is because investors always try to position themselves ahead of time and tap stocks that are high-quality in nature.
Why Is a Positive Earnings Surprise So Important?
Historically, stocks of companies with solid quarterly earnings (on a nominal basis) tank if they miss or merely meet market expectations. After all, a 20% earnings rise (though apparently looks good) doesn’t tell you if earnings growth has been exhibiting a decelerating trend.
Also, seasonal fluctuations come into play sometimes. If a company’s Q1 is seasonally weak and Q4 strong, then it is likely to report a sequential earnings decline. In such cases, growth rates are misleading while judging the true health of a company.
Meanwhile, after much brainstorming and analysis of companies’ financials and initiatives, Wall Street analysts project earnings of companies. They in fact club their insights and a company’s guidance when deriving an earnings estimate.
Thus, outperforming that estimate is almost equivalent to beating the company’s own expectation as well as the market perception. And if the margin of earnings surprise is big, it typically drives the stock higher right after the release. Thus, more than anything else, an earnings surprise can push a stock higher.
How to Find Stocks That Can Beat?
Now, finding stocks that have the potential to beat on the bottom line may be investors’ dream but not an easy job. One way to do this is to look at the earnings surprise history of the company.
An impressive track in this regard generally acts as a catalyst in sending a stock higher. It indicates the company’s ability to surpass estimates. And investors generally believe that the company will apply the same secret sauce to execute yet another earning beat in its next release.
The Winning Strategy
In order to shortlist stocks that are likely to come up with an earnings surprise, we chose the following as our primary screening parameters.
Last EPS Surprise greater than or equal to 10%: Stocks delivering positive surprise in the last quarter tend to surprise again.
Average EPS Surprise in the last four quarters greater than 20%: We lifted the bar for outperformance slight higher by setting the average earnings surprise for the last four quarters at 20%.
Average EPS Surprise in the last two quarters greater than 20%: This points to a more consistent surprise history and makes the case for another surprise even stronger.
In addition, we place a few other criteria that raise the chance of a positive surprise.
Zacks Rank less than or equal to 2: Only companies with a Zacks Rank #1 (Strong Buy) or 2 (Buy) rating can get through.
Earnings ESP greater than zero: A stock needs to have both a positive Earnings ESP and a Zacks Rank of #1, 2 or 3 for an earnings beat, per our proven model.
In order to zero in on those that have long-term growth potential and high trading liquidity we have added the following parameters too:
Next 3–5 Years Estimated EPS Growth (Per Year) greater than 10%: Solid expected earnings growth exhibits the stock’s long-term growth prospects.
Average 20-day Volume greater than 100,000: High trading volume implies that the stocks have adequate liquidity.
A handful of criteria has narrowed down the universe from over 7,700 stocks to seven.
Here are five out of seven stocks:
Driven Brands Holdings DRVN:Driven Brands Holdings Inc. is an automotive services company, functioning principally in North America. It provides consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash.
The stock carries a Zacks Rank #2. The average earnings surprise of DRVN for the past four quarters is 30.07%. You can see the complete list of today’s Zacks #1 Rank stocks here.
BanColombia CIB: BanColombia is Colombia's largest bank in terms of assets and has the largest market participation in deposit products and loans. It has a Zacks Rank #1.
The average earnings surprise of CIB for the past four quarters is 67.73%.
Dillard's DDS: The Zacks Rank #1 company is a large departmental store chain featuring fashion apparel and home furnishing.
The average earnings surprise of DDS for the past four quarters is 224.13%.
Avis Budget Group CAR: Avis Budget Group operates as a leading vehicle rental operator in North America, Europe and Australasia, with an average rental fleet of nearly 650,000 vehicles. It has a Zacks Rank #1.
The average earnings surprise of CAR for the past four quarters is 102.13%.
Tenaris TS: Tenaris Sa, a corporation organized in Luxembourg, is a leading manufacturer and supplier of seamless steel pipe products and associated services to the oil and gas, energy and other industries. It has a Zacks Rank #1.
The average earnings surprise of TS for the past four quarters is 62.85%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: http://www.zacks.com/performance.
Investor Alert: Legal Marijuana Looking for big gains?
Now is the time to get in on a young industry primed to skyrocket from $13.5 billion in 2021 to an expected $70.6 billion by 2028.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could kick start an even greater bonanza for investors. Zacks Investment Research has recently closed pot stocks that have shot up as high as +147.0%.
You’re invited to immediately check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
Today, Download Marijuana Moneymakers FREE >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Avis Budget Group, Inc. (CAR): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Tenaris S.A. (TS): Free Stock Analysis Report
BanColombia S.A. (CIB): Free Stock Analysis Report
Driven Brands Holdings Inc. (DRVN): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's DDS: The Zacks Rank #1 company is a large departmental store chain featuring fashion apparel and home furnishing. The average earnings surprise of DDS for the past four quarters is 224.13%. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's DDS: The Zacks Rank #1 company is a large departmental store chain featuring fashion apparel and home furnishing. The average earnings surprise of DDS for the past four quarters is 224.13%. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's DDS: The Zacks Rank #1 company is a large departmental store chain featuring fashion apparel and home furnishing. The average earnings surprise of DDS for the past four quarters is 224.13%. Dillard's, Inc. (DDS): Free Stock Analysis Report
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Dillard's DDS: The Zacks Rank #1 company is a large departmental store chain featuring fashion apparel and home furnishing. The average earnings surprise of DDS for the past four quarters is 224.13%. Dillard's, Inc. (DDS): Free Stock Analysis Report
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8f1405b7-9168-473f-ae9f-578f56f78f09
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719397.0
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2022-05-13 00:00:00 UTC
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Bitcoin Now Buys You the Least Amount of Dillard's in the Past Year
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DDS
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https://www.nasdaq.com/articles/bitcoin-now-buys-you-the-least-amount-of-dillards-in-the-past-year
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nan
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nan
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Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.
We noticed that as of 5/13/2022, Bitcoin ($BTC) can buy you the least amount of Dillard's shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of DDS(Symbol: DDS) with the proceeds, you would only be able to buy 98.06 shares of DDS. That's versus a high amount of 397.89 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of Dillard's shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:
Check out our Bitcoin historical price chart and Dillard's vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the DDS returns.
Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Note that any stock splits and/or dividends are included when we calculate the DDS returns. For example, if you had 1 Bitcoin coin and wished to buy shares of DDS(Symbol: DDS) with the proceeds, you would only be able to buy 98.06 shares of DDS. Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.
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For example, if you had 1 Bitcoin coin and wished to buy shares of DDS(Symbol: DDS) with the proceeds, you would only be able to buy 98.06 shares of DDS. Note that any stock splits and/or dividends are included when we calculate the DDS returns. Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.
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For example, if you had 1 Bitcoin coin and wished to buy shares of DDS(Symbol: DDS) with the proceeds, you would only be able to buy 98.06 shares of DDS. Note that any stock splits and/or dividends are included when we calculate the DDS returns. Here's how this relationship looks charted, over the past year: The main driver of the above bar chart has, of course, been the performance of Dillard's shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis: Check out our Bitcoin historical price chart and Dillard's vs Crypto pages for additional charts.
|
For example, if you had 1 Bitcoin coin and wished to buy shares of DDS(Symbol: DDS) with the proceeds, you would only be able to buy 98.06 shares of DDS. Note that any stock splits and/or dividends are included when we calculate the DDS returns. Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.
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07391388-32b2-4a16-bb9a-bf490c34c924
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719398.0
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2022-05-12 00:00:00 UTC
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Dillard's (DDS) Beats Q1 Earnings and Revenue Estimates
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DDS
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https://www.nasdaq.com/articles/dillards-dds-beats-q1-earnings-and-revenue-estimates
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nan
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nan
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Dillard's (DDS) came out with quarterly earnings of $13.37 per share, beating the Zacks Consensus Estimate of $5.36 per share. This compares to earnings of $6.37 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 149.44%. A quarter ago, it was expected that this department store operator would post earnings of $8.75 per share when it actually produced earnings of $15.68, delivering a surprise of 79.20%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Dillard's, which belongs to the Zacks Retail - Regional Department Stores industry, posted revenues of $1.61 billion for the quarter ended April 2022, surpassing the Zacks Consensus Estimate by 4.12%. This compares to year-ago revenues of $1.33 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Dillard's shares have added about 15.6% since the beginning of the year versus the S&P 500's decline of -17.4%.
What's Next for Dillard's?
While Dillard's has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Dillard's: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.63 on $1.55 billion in revenues for the coming quarter and $17.94 on $6.8 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Regional Department Stores is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Kohl's (KSS), has yet to report results for the quarter ended April 2022. The results are expected to be released on May 19.
This department store operator is expected to post quarterly earnings of $0.78 per share in its upcoming report, which represents a year-over-year change of -25.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Kohl's' revenues are expected to be $3.85 billion, down 0.8% from the year-ago quarter.
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Dillard's, Inc. (DDS): Free Stock Analysis Report
Kohl's Corporation (KSS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's (DDS) came out with quarterly earnings of $13.37 per share, beating the Zacks Consensus Estimate of $5.36 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions.
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Dillard's (DDS) came out with quarterly earnings of $13.37 per share, beating the Zacks Consensus Estimate of $5.36 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report Dillard's, which belongs to the Zacks Retail - Regional Department Stores industry, posted revenues of $1.61 billion for the quarter ended April 2022, surpassing the Zacks Consensus Estimate by 4.12%.
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Dillard's (DDS) came out with quarterly earnings of $13.37 per share, beating the Zacks Consensus Estimate of $5.36 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report Dillard's, which belongs to the Zacks Retail - Regional Department Stores industry, posted revenues of $1.61 billion for the quarter ended April 2022, surpassing the Zacks Consensus Estimate by 4.12%.
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Dillard's (DDS) came out with quarterly earnings of $13.37 per share, beating the Zacks Consensus Estimate of $5.36 per share. Dillard's, Inc. (DDS): Free Stock Analysis Report While Dillard's has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
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e39cc2b0-819f-4b8f-8368-63b0fe972b36
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719399.0
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2022-05-12 00:00:00 UTC
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Dillard's Q1 Results Top Estimates
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DDS
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https://www.nasdaq.com/articles/dillards-q1-results-top-estimates
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nan
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nan
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(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that first-quarter net income surged to $251.1 million or $13.68 per share from $158.2 million or $7.25 per share in the prior-year quarter.
Net sales for the quarter grew 22 percent to $1.61 billion from $1.33 billion in the same quarter last year. Comparable store retail sales for the quarter increased 23 percent.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $6.74 per share on net sales of $1.55 billion for the quarter. Analysts' estimates typically exclude special items.
The Company operates 251 Dillard's locations and 29 clearance centers spanning 29 states and an Internet store at dillards.com. Total square footage at April 30, 2022 was 47.7 million square feet.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that first-quarter net income surged to $251.1 million or $13.68 per share from $158.2 million or $7.25 per share in the prior-year quarter. On average, analysts polled by Thomson Reuters expected the company to report earnings of $6.74 per share on net sales of $1.55 billion for the quarter. The Company operates 251 Dillard's locations and 29 clearance centers spanning 29 states and an Internet store at dillards.com.
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(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that first-quarter net income surged to $251.1 million or $13.68 per share from $158.2 million or $7.25 per share in the prior-year quarter. Net sales for the quarter grew 22 percent to $1.61 billion from $1.33 billion in the same quarter last year. On average, analysts polled by Thomson Reuters expected the company to report earnings of $6.74 per share on net sales of $1.55 billion for the quarter.
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(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that first-quarter net income surged to $251.1 million or $13.68 per share from $158.2 million or $7.25 per share in the prior-year quarter. Net sales for the quarter grew 22 percent to $1.61 billion from $1.33 billion in the same quarter last year. On average, analysts polled by Thomson Reuters expected the company to report earnings of $6.74 per share on net sales of $1.55 billion for the quarter.
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(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that first-quarter net income surged to $251.1 million or $13.68 per share from $158.2 million or $7.25 per share in the prior-year quarter. Net sales for the quarter grew 22 percent to $1.61 billion from $1.33 billion in the same quarter last year. On average, analysts polled by Thomson Reuters expected the company to report earnings of $6.74 per share on net sales of $1.55 billion for the quarter.
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1d727241-c7d7-4512-abd8-15c95a881f0f
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