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719700.0
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2018-05-18 00:00:00 UTC
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Dillard's (DDS) Stock Gains on Q1 Earnings and Sales Beat
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DDS
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https://www.nasdaq.com/articles/dillards-dds-stock-gains-on-q1-earnings-and-sales-beat-2018-05-18
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nan
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nan
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Shares of Dillard's Inc.DDS gained 6.3% yesterday after the company reported robust first-quarter fiscal 2018 results. The company's top and bottom line outpaced the Zacks Consensus Estimate and improved year over year. In fact, this marked its third straight quarter of positive earnings surprise with fourth consecutive sales beat.
Moreover, Dillard's constant efforts to capitalize on growth opportunities in its brick-and-mortar stores and e-commerce business remain encouraging. Its focus on increasing productivity, enhancing domestic operations and developing omni-channel platform are also likely to strengthen customer base. These robust strategic actions coupled with impressive surprise history have aided this Zacks Rank #3 (Hold) stock to outperform the industry in a year's time. While shares of the company have surged a whopping 58%, the industry rallied 48.4%.
Q1 Numbers
Dillard's reported earnings of $2.89 per share, marking a 36.3% increase from $2.12 per share in the prior-year quarter. The bottom-line also surpassed the Zacks Consensus Estimate of $2.73 per share.
Results in first-quarter fiscal 2018 mainly gained from the continuation of positive trends witnessed in the fourth quarter of fiscal 2017. Also, bottom-line growth was aided by higher sales and comparable store sales (comps).
Total revenues (including service charges and other income) came in at $1,490.7 million, which improved 2.6% from the year-ago quarter and exceeded the Zacks Consensus Estimate of $1,453 million.
Dillard's net sales (including CDI Contractors LLC or CDI) rose 2.7% year over year to $1,456.3 million in the reported quarter. Merchandise sales, excluding CDI, increased roughly 2% to $1,409 million. Sales in comparable stores for the 13-week period (ended May 5, 2018), were up 2% from the year-ago period.
Furthermore, ladies' accessories and lingerie, home and furniture as well as juniors' and children's apparel categories displayed above-average performance. While men's apparel and accessories sales were marginally above trend, ladies' apparel was in-line with the trend. However, this was offset by softness across cosmetics and shoes. Notably, the western region was the best performer, followed by the eastern and central regions.
Dillard's, Inc. Price, Consensus and EPS Surprise
Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote
Consolidated gross margin contracted 66 basis points (bps), while gross margin from retail operations (excluding CDI) decreased 31 bps. Nonetheless, inventory grew 4% in the period.
Dillard's SG&A expenses (as a percentage of sales) were down 10 bps from last year to 27.9%. In dollar terms, the metric rose 2.4% to $406 million driven by higher selling payroll and services bought.
Financial Details
Dillard's ended the quarter with cash and cash equivalents of $164.1 million, long-term debt and capital leases of $368 million and total shareholders' equity of $1,682.1 million. Merchandise inventories improved 3.9% year over year to $1,780.8 million.
In the reported quarter, the company generated net cash flow of $55.4 million from operations and paid $2.8 million in dividends.
Moreover, the company bought back roughly 0.5 million shares for $34.8 million. This completes the total authorized repurchases under the $500 million program in February 2016.
Dillard's also announced a new authorization of $500 million share buyback program in March this year. As of May 5, 2018, the company had outstanding shares worth 27.6 million.
Store Update
As of May 5, 2018, Dillard's had about 267 namesake outlets and 25 clearance centers operating in 29 states, alongside an online store at www.dillards.com. Its total square footage, as of May 5, was 49.1 million.
Fiscal 2018 View
Following the impressive quarterly performance, Dillard's updated its guidance for fiscal 2018. The company expects rentals of approximately $29 million compared with $27 million guided earlier. Rentals came in at $28 million in fiscal 2017. Net interest and debt expenses are still anticipated to be $50 million versus $63 million in fiscal 2017. Furthermore, it continues to project capital expenditures of about $140 million for fiscal 2018 compared with $130 million spent last year.
For fiscal 2018, depreciation and amortization expenses are projected to be $225 million, down from the previous guidance of $230 million. Dillard's incurred depreciation and amortization expenses of $232 million in fiscal 2017.
Looking For Top-Ranked Retail Stocks? Check These
The Buckle, Inc. BKE has delivered an average positive earnings surprise of 9.1% in the trailing four quarters. Also, the company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Dollar General Corporation DG has a Zacks Rank #2 (Buy) and long-term earnings growth rate of 14.6%.
Nordstrom, Inc. JWN , also a Zacks Rank #2 stock, has a long-term earnings growth rate of 6%. Further, the company pulled off an average positive earnings surprise of 16.8% in the last four quarters.
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Nordstrom, Inc. (JWN): Free Stock Analysis Report
Buckle, Inc. (The) (BKE): Free Stock Analysis Report
Dollar General Corporation (DG): 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.
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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Shares of Dillard's Inc.DDS gained 6.3% yesterday after the company reported robust first-quarter fiscal 2018 results. Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Buckle, Inc. (The) (BKE): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, Dillard's constant efforts to capitalize on growth opportunities in its brick-and-mortar stores and e-commerce business remain encouraging.
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Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Buckle, Inc. (The) (BKE): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's Inc.DDS gained 6.3% yesterday after the company reported robust first-quarter fiscal 2018 results. Dillard's, Inc. Price, Consensus and EPS Surprise Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote Consolidated gross margin contracted 66 basis points (bps), while gross margin from retail operations (excluding CDI) decreased 31 bps.
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Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Buckle, Inc. (The) (BKE): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's Inc.DDS gained 6.3% yesterday after the company reported robust first-quarter fiscal 2018 results. Dillard's net sales (including CDI Contractors LLC or CDI) rose 2.7% year over year to $1,456.3 million in the reported quarter.
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Shares of Dillard's Inc.DDS gained 6.3% yesterday after the company reported robust first-quarter fiscal 2018 results. Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Buckle, Inc. (The) (BKE): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Total revenues (including service charges and other income) came in at $1,490.7 million, which improved 2.6% from the year-ago quarter and exceeded the Zacks Consensus Estimate of $1,453 million.
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d960c1d1-336f-4748-92c9-dc14ec843fc5
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719701.0
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2018-05-17 00:00:00 UTC
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Consumer Sector Update for 05/17/2018: JCP, WMT, PLCE, DDS
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DDS
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https://www.nasdaq.com/articles/consumer-sector-update-05172018-jcp-wmt-plce-dds-2018-05-17
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nan
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nan
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Top Consumer Shares:
WMT: +1.8%
MCD: flat
DIS: -0.3%
CVS: -0.1%
KO: +1%
PG: flat
Consumer shares were mixed ahead of the opening bell on Thursday.
Expected movers:
- J.C.Penney ( JCP ): swings to loss in Q1, revenue declines year over year; lowers FY18 earnings outlook
- Walmart ( WMT ): reports Q1 earnings and revenue above Street views
- The Children's Place Inc. ( PLCE ): posts Q1 results below expectations
- Dillard's ( DDS ): says Q1 earnigns and revenue beat Street forecasts
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
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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Expected movers: - J.C.Penney ( JCP ): swings to loss in Q1, revenue declines year over year; lowers FY18 earnings outlook - Walmart ( WMT ): reports Q1 earnings and revenue above Street views - The Children's Place Inc. ( PLCE ): posts Q1 results below expectations - Dillard's ( DDS ): says Q1 earnigns and revenue beat Street forecasts The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. PG: flat Consumer shares were mixed ahead of the opening bell on Thursday. Unauthorized reproduction is strictly prohibited.
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Expected movers: - J.C.Penney ( JCP ): swings to loss in Q1, revenue declines year over year; lowers FY18 earnings outlook - Walmart ( WMT ): reports Q1 earnings and revenue above Street views - The Children's Place Inc. ( PLCE ): posts Q1 results below expectations - Dillard's ( DDS ): says Q1 earnigns and revenue beat Street forecasts The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. PG: flat Consumer shares were mixed ahead of the opening bell on Thursday. 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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Expected movers: - J.C.Penney ( JCP ): swings to loss in Q1, revenue declines year over year; lowers FY18 earnings outlook - Walmart ( WMT ): reports Q1 earnings and revenue above Street views - The Children's Place Inc. ( PLCE ): posts Q1 results below expectations - Dillard's ( DDS ): says Q1 earnigns and revenue beat Street forecasts The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. PG: flat Consumer shares were mixed ahead of the opening bell on Thursday. All rights reserved.
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Expected movers: - J.C.Penney ( JCP ): swings to loss in Q1, revenue declines year over year; lowers FY18 earnings outlook - Walmart ( WMT ): reports Q1 earnings and revenue above Street views - The Children's Place Inc. ( PLCE ): posts Q1 results below expectations - Dillard's ( DDS ): says Q1 earnigns and revenue beat Street forecasts The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. PG: flat Consumer shares were mixed ahead of the opening bell on Thursday. Copyright (C) 2016 MTNewswires.com.
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c0ef616b-710f-4443-a91c-d516d2b6db1c
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719702.0
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2018-05-17 00:00:00 UTC
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Dillard's (DDS) Q1 Earnings and Revenues Beat Estimates
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DDS
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https://www.nasdaq.com/articles/dillards-dds-q1-earnings-and-revenues-beat-estimates-2018-05-17
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nan
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nan
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Dillard's, Inc.DDS came out with first-quarter fiscal 2018 results, wherein adjusted earnings of $2.89 per share outpaced the Zacks Consensus Estimate of $2.73 and grew 36.3% from the year-ago quarter.
Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2018 has trended upward over the last seven days. However, if we look at Dillard's performance in the trailing four quarters (excluding the quarter under review), the company has underperformed the Zacks Consensus Estimate by an average surprise of 49.6%.
Dillard's, Inc. Price, Consensus and EPS Surprise
Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote
Revenues: Dillard's sales rose 2.6% year over year to $1,490.7 million and also surpassed the Zacks Consensus Estimate of $1,453 million.
Zacks Rank: Currently, Dillard's carries a Zacks Rank #3 (Hold), which is subject to change following the earnings announcement. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
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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.
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 came out with first-quarter fiscal 2018 results, wherein adjusted earnings of $2.89 per share outpaced the Zacks Consensus Estimate of $2.73 and grew 36.3% from the year-ago quarter. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics.
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Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS came out with first-quarter fiscal 2018 results, wherein adjusted earnings of $2.89 per share outpaced the Zacks Consensus Estimate of $2.73 and grew 36.3% from the year-ago quarter. Dillard's, Inc. Price, Consensus and EPS Surprise Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote Revenues: Dillard's sales rose 2.6% year over year to $1,490.7 million and also surpassed the Zacks Consensus Estimate of $1,453 million.
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Dillard's, Inc.DDS came out with first-quarter fiscal 2018 results, wherein adjusted earnings of $2.89 per share outpaced the Zacks Consensus Estimate of $2.73 and grew 36.3% from the year-ago quarter. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. However, if we look at Dillard's performance in the trailing four quarters (excluding the quarter under review), the company has underperformed the Zacks Consensus Estimate by an average surprise of 49.6%.
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Dillard's, Inc.DDS came out with first-quarter fiscal 2018 results, wherein adjusted earnings of $2.89 per share outpaced the Zacks Consensus Estimate of $2.73 and grew 36.3% from the year-ago quarter. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2018 has trended upward over the last seven days.
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eb4a824a-ca16-460d-af12-5e22ea08b5ce
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719703.0
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2018-05-17 00:00:00 UTC
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Consumer Sector Update for 05/17/2018: BZUN,PLCE,DDS,JCP
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DDS
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https://www.nasdaq.com/articles/consumer-sector-update-05172018-bzunplceddsjcp-2018-05-17
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nan
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nan
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Top Consumer Stocks
WMT -2.44%
MCD -1.10%
DIS -0.81%
CVS -0.60%
KO +1.46%
Consumer stocks still were mixed Thursday afternoon, with shares of consumer staples companies in the S&P 500 climbing about 0.1% today while shares of consumer discretionary firms in the S&P 500 were falling nearly 0.4%.
Among consumer stocks moving on news:
+ Baozun ( BZUN ) climbed to an all-time high on Wednesday, rising almost 20% to establish a new record of $53.90 per American depository share, after reporting non-GAAP Q1 net income and revenue exceeding both year-ago levels and analyst estimates. Excluding one-time items, the Chinese e-commerce services company produced net income attributable to ordinary shareholders of RMB0.54 per ADS, or $0.09 per ADS, up from RMB0.50 per ADS during the same quarter last year and beating the Capital IQ consensus by $0.01 per share. Net revenue grew to RMB921.2 million, or about $146.9 million, compared with RMB804.9 million during the year-ago period and also topping the $139.7 million analyst mean. The company is projecting Q2 net revenue in a range of RMB1.06 billion to RMB1.10 billion, surpassing the RMB1.03 billion Street view.
In other sector news:
+ Dillard's ( DDS ) was surging on Thursday, climbing as much as 9%, after the department-store retailer reported above-consensus fiscal Q1 net income and sales. The company earned $2.89 per share during the 13 weeks ended May 5, improving on $2.12 per share during the same quarter last year and exceeding the Capital IQ consensus by $0.12 per share. Net sales rose to $1.46 billion from $1.42 billion last yea and beating the $1.45 billion analyst mean.
- J.C. Penney ( JCP ) fell hard during Thursday trading, sliding as much as 12% lower, after reversing a year-ago profit and Q1 sales declined compared with the same quarter last year as additional store closings and below-normal spring weather weighed on its top line results. Total revenue during the three months ended May 5 fell 4.1% year-over-year to $2.67 billion, reflecting the closure of 141 stores during Q2 and Q3 of the previous fiscal year but still beating the $2.62 billion Capital IQ consensus. Same-store sales rose just 0.2%. Excluding one-time items, it posted an adjusted net loss of $0.22 per share, swinging from a $0.01 per share non-GAAP profit last year but also topping the analyst mean by $0.02 per share. The company also reduced its FY18 earnings outlook, now expecting between a $0.07 per share net loss and a $0.13 per share non-GAAP profit compared with its prior view expecting net income this year in a range of $0.05 to $0.15 per share. The Street is projecting net income of $0.19 per share.
- The Children's Place Inc ( PLCE ) retreated Thursday, at one point dropping %, after the specialty retailer reported adjusted Q1 net income and sales lagging Wall Street estimates. The company generated $436.3 million in total sales during the 13 weeks ended May 5, down slightly from $436.3 million during the year-ago period and trailing the Capital IQ consensus expecting $443.8 milllion in Q1 sales. Excluding one-time items, it also earned $1.87 per share, slipping from $1.95 per share last year and missing the Street view looking for $2.21 per share. Possibly helping limit Thursday's declines was The Children's Place forecasting adjusted Q2 per-share earnings between $0.51 to $0.61, down from $0.86 per share during the same quarter last year but easily topping the $0.16 per share analyst mean, if comparable. The company also issued an FY18 EPS guidance range in-line with the $8.16 per share consensus call.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In other sector news: + Dillard's ( DDS ) was surging on Thursday, climbing as much as 9%, after the department-store retailer reported above-consensus fiscal Q1 net income and sales. Among consumer stocks moving on news: + Baozun ( BZUN ) climbed to an all-time high on Wednesday, rising almost 20% to establish a new record of $53.90 per American depository share, after reporting non-GAAP Q1 net income and revenue exceeding both year-ago levels and analyst estimates. - J.C. Penney ( JCP ) fell hard during Thursday trading, sliding as much as 12% lower, after reversing a year-ago profit and Q1 sales declined compared with the same quarter last year as additional store closings and below-normal spring weather weighed on its top line results.
|
In other sector news: + Dillard's ( DDS ) was surging on Thursday, climbing as much as 9%, after the department-store retailer reported above-consensus fiscal Q1 net income and sales. Among consumer stocks moving on news: + Baozun ( BZUN ) climbed to an all-time high on Wednesday, rising almost 20% to establish a new record of $53.90 per American depository share, after reporting non-GAAP Q1 net income and revenue exceeding both year-ago levels and analyst estimates. The company is projecting Q2 net revenue in a range of RMB1.06 billion to RMB1.10 billion, surpassing the RMB1.03 billion Street view.
|
In other sector news: + Dillard's ( DDS ) was surging on Thursday, climbing as much as 9%, after the department-store retailer reported above-consensus fiscal Q1 net income and sales. The company earned $2.89 per share during the 13 weeks ended May 5, improving on $2.12 per share during the same quarter last year and exceeding the Capital IQ consensus by $0.12 per share. Excluding one-time items, it posted an adjusted net loss of $0.22 per share, swinging from a $0.01 per share non-GAAP profit last year but also topping the analyst mean by $0.02 per share.
|
In other sector news: + Dillard's ( DDS ) was surging on Thursday, climbing as much as 9%, after the department-store retailer reported above-consensus fiscal Q1 net income and sales. Among consumer stocks moving on news: + Baozun ( BZUN ) climbed to an all-time high on Wednesday, rising almost 20% to establish a new record of $53.90 per American depository share, after reporting non-GAAP Q1 net income and revenue exceeding both year-ago levels and analyst estimates. The company earned $2.89 per share during the 13 weeks ended May 5, improving on $2.12 per share during the same quarter last year and exceeding the Capital IQ consensus by $0.12 per share.
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18e30cad-9b46-4473-9901-7000d11dde92
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719704.0
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2018-05-17 00:00:00 UTC
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Consumer Sector Update for 05/17/2018: PLCE,DDS,JCP
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DDS
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https://www.nasdaq.com/articles/consumer-sector-update-05172018-plceddsjcp-2018-05-17
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nan
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nan
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Top Consumer Stocks
WMT -1.53%
MCD -0.59%
DIS -0.44%
CVS -0.52%
KO +1.49%
Consumer stocks were mixed in recent trading, with shares of consumer staples companies in the S&P 500 climbing nearly 0.3% this afternoon while shares of consumer discretionary firms in the S&P 500 were sinking less than 0.1%.
Among consumer stocks moving on news:
- The Children's Place Inc ( PLCE ) retreated Thursday after the specialty retailer reported adjusted Q1 net income and sales lagging Wall Street estimates. The company generated $436.3 million in total sales during the 13 weeks ended May 5, down slightly from $436.3 million during the year-ago period and trailing the Capital IQ consensus expecting $443.8 milllion in Q1 sales. Excluding one-time items, it earned $1.87 per share, slipping from $1.95 per share last year and missing the Street view looking for $2.21 per share. It forecast adjusted Q2 per-share earnings between $0.51 to $0.61, down from $0.86 per share during the same quarter last year but easily topping the $0.16 per share analyst mean, if comparable. The company also issued an FY18 EPS guidance range in-line with the $8.16 per share consensus call.
In other sector news:
+ Dillard's ( DDS ) was surging on Thursday, climbing as much as 9%, after the department-store retailer reported above-consensus fiscal Q1 net income and sales. The company earned $2.89 per share during the 13 weeks ended May 5, improving on $2.12 per share during the same quarter last year and exceeding the Capital IQ consensus by $0.12 per share. Net sales rose to $1.46 billion from $1.42 billion last yea and beating the $1.45 billion analyst mean.
- J.C. Penney ( JCP ) fell during Thursday trading, sliding as much as 12%, after the retailer reversed a year-ago profit and Q1 sales declined compared with the same quarter last year as additional store closings and below-normal spring weather weighed on its top line results. Total revenue during the three months ended May 5 fell 4.1% year-over-year to $2.67 billion, reflecting the closure of 141 stores during Q2 and Q3 of the previous fiscal year but still beating the $2.62 billion Capital IQ consensus. Same-store sales rose just 0.2%. Excluding one-time items, it posted an adjusted net loss of $0.22 per share, swinging from a $0.01 per share non-GAAP profit last year but still topping the analyst mean by $0.02 per share. The company also reduced its FY18 earnings outlook, now expecting between a $0.07 per share net loss and a $0.13 per share non-GAAP profit compared with its prior view expecting net income this year in a range of $0.05 to $0.15 per share. The Street is projecting net income of $0.19 per share.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In other sector news: + Dillard's ( DDS ) was surging on Thursday, climbing as much as 9%, after the department-store retailer reported above-consensus fiscal Q1 net income and sales. Among consumer stocks moving on news: - The Children's Place Inc ( PLCE ) retreated Thursday after the specialty retailer reported adjusted Q1 net income and sales lagging Wall Street estimates. - J.C. Penney ( JCP ) fell during Thursday trading, sliding as much as 12%, after the retailer reversed a year-ago profit and Q1 sales declined compared with the same quarter last year as additional store closings and below-normal spring weather weighed on its top line results.
|
In other sector news: + Dillard's ( DDS ) was surging on Thursday, climbing as much as 9%, after the department-store retailer reported above-consensus fiscal Q1 net income and sales. Among consumer stocks moving on news: - The Children's Place Inc ( PLCE ) retreated Thursday after the specialty retailer reported adjusted Q1 net income and sales lagging Wall Street estimates. Total revenue during the three months ended May 5 fell 4.1% year-over-year to $2.67 billion, reflecting the closure of 141 stores during Q2 and Q3 of the previous fiscal year but still beating the $2.62 billion Capital IQ consensus.
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In other sector news: + Dillard's ( DDS ) was surging on Thursday, climbing as much as 9%, after the department-store retailer reported above-consensus fiscal Q1 net income and sales. The company earned $2.89 per share during the 13 weeks ended May 5, improving on $2.12 per share during the same quarter last year and exceeding the Capital IQ consensus by $0.12 per share. Excluding one-time items, it posted an adjusted net loss of $0.22 per share, swinging from a $0.01 per share non-GAAP profit last year but still topping the analyst mean by $0.02 per share.
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In other sector news: + Dillard's ( DDS ) was surging on Thursday, climbing as much as 9%, after the department-store retailer reported above-consensus fiscal Q1 net income and sales. Excluding one-time items, it earned $1.87 per share, slipping from $1.95 per share last year and missing the Street view looking for $2.21 per share. The company earned $2.89 per share during the 13 weeks ended May 5, improving on $2.12 per share during the same quarter last year and exceeding the Capital IQ consensus by $0.12 per share.
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c8467e1e-2f90-4b18-8730-7ba3a1adf8b3
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719705.0
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2018-05-09 00:00:00 UTC
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Noteworthy Wednesday Option Activity: DDS, DVN, EVRI
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DDS
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https://www.nasdaq.com/articles/noteworthy-wednesday-option-activity-dds-dvn-evri-2018-05-09
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 2,033 contracts have traded so far, representing approximately 203,300 underlying shares. That amounts to about 46.6% of DDS's average daily trading volume over the past month of 436,335 shares. Especially high volume was seen for the $74 strike put option expiring May 18, 2018 , with 387 contracts trading so far today, representing approximately 38,700 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $74 strike highlighted in orange:
Devon Energy Corp. (Symbol: DVN) options are showing a volume of 39,779 contracts thus far today. That number of contracts represents approximately 4.0 million underlying shares, working out to a sizeable 46.2% of DVN's average daily trading volume over the past month, of 8.6 million shares. Especially high volume was seen for the $42 strike call option expiring July 20, 2018 , with 10,813 contracts trading so far today, representing approximately 1.1 million underlying shares of DVN. Below is a chart showing DVN's trailing twelve month trading history, with the $42 strike highlighted in orange:
And Everi Holdings Inc (Symbol: EVRI) saw options trading volume of 2,678 contracts, representing approximately 267,800 underlying shares or approximately 45.7% of EVRI's average daily trading volume over the past month, of 586,240 shares. Especially high volume was seen for the $12.50 strike call option expiring September 21, 2018 , with 2,270 contracts trading so far today, representing approximately 227,000 underlying shares of EVRI. Below is a chart showing EVRI's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
For the various different available expirations for DDS options , DVN options , or EVRI 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.
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 $74 strike put option expiring May 18, 2018 , with 387 contracts trading so far today, representing approximately 38,700 underlying shares of DDS. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 2,033 contracts have traded so far, representing approximately 203,300 underlying shares. That amounts to about 46.6% of DDS's average daily trading volume over the past month of 436,335 shares.
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Below is a chart showing DDS's trailing twelve month trading history, with the $74 strike highlighted in orange: Devon Energy Corp. (Symbol: DVN) options are showing a volume of 39,779 contracts thus far today. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 2,033 contracts have traded so far, representing approximately 203,300 underlying shares. That amounts to about 46.6% of DDS's average daily trading volume over the past month of 436,335 shares.
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 2,033 contracts have traded so far, representing approximately 203,300 underlying shares. That amounts to about 46.6% of DDS's average daily trading volume over the past month of 436,335 shares. Especially high volume was seen for the $74 strike put option expiring May 18, 2018 , with 387 contracts trading so far today, representing approximately 38,700 underlying shares of DDS.
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Especially high volume was seen for the $74 strike put option expiring May 18, 2018 , with 387 contracts trading so far today, representing approximately 38,700 underlying shares of DDS. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 2,033 contracts have traded so far, representing approximately 203,300 underlying shares. That amounts to about 46.6% of DDS's average daily trading volume over the past month of 436,335 shares.
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d096cec1-6fc5-4012-b8ea-c8b9de33e08b
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719706.0
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2018-05-08 00:00:00 UTC
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Department Store Stocks Still Look Cheap
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DDS
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https://www.nasdaq.com/articles/department-store-stocks-still-look-cheap-2018-05-08
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nan
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nan
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On Monday, top department store stocks including Macy's (NYSE: M) , Kohl's (NYSE: KSS) , Dillard's (NYSE: DDS) , and J.C. Penney (NYSE: JCP) lost roughly 3% to 4%. The catalyst was a negative analyst report.
Paul Trussell of Deutsche Bank told clients that department stores' comp sales results probably cooled off in the first quarter. Furthermore, he doesn't see much upside left for department store stocks after most stocks in the sector -- with the notable exception of J.C. Penney -- rose sharply in the first four months of 2018.
Department Store Stocks Year-to-Date Performancee. Data by YCharts .
Trussell is right to point out that unfavorable weather may have hurt department stores during the first quarter. That said, the outlook for the rest of the year is solid -- and 2019 could be even better. Furthermore, shares of Macy's, Kohl's, Dillard's, and J.C. Penney still look quite cheap.
The case against department store stocks
In recent years, weather sensitivity has become a big issue for department stores. Cold weather is good during the late fall, when retailers are trying to sell coats, scarves, boots, and hats. Indeed, a cold snap in late 2017 propelled department stores to a strong holiday season . By contrast, department stores' racks are filled with spring clothing styles by March. Severe winter weather in that part of the year is terrible for business.
Trussell notes that large swaths of the country had bad weather in March and April. This probably hurt sales significantly.
Indeed, whereas the 2016-2017 winter season was fairly mild outside of the Pacific Northwest and parts of New England, much of the Midwest and Northeast faced unusually severe weather during the 2017-2018 winter season. To make matters worse, most of this bad weather came late in the season, when department stores were already transitioning to spring merchandise.
The timing of Easter (earlier in April) may have also negatively impacted department store sales trends, according to Trussell. As a result, the analyst doesn't see much value in department store stocks, many of which are trading near their 52-week highs.
It's not just about one or two quarters
It's certainly possible that department stores will miss investors' expectations for the first quarter due to unfavorable winter weather. That said, they face extremely easy comparisons. Shares of Macy's, Kohl's, Dillard's, and J.C. Penney all plunged last May after department stores posted weak comp sales results across the board in Q1 2017.
Investors punished department stores for weak sales results in Q1 2017. Image source: J.C. Penney.
More importantly, investors shouldn't let a single quarter of results determine their buy and sell decisions. Several converging trends suggest that department stores' sales and earnings results will continue to improve over the next couple of years.
First, Bon-Ton Stores just became the first department store company to fail since the Great Recession. The company is in the midst of liquidating its stores, putting roughly $2.5 billion of annual sales volume up for grabs by the middle of fiscal 2018. Kohl's has a particularly large store overlap with Bon-Ton , but Macy's and J.C. Penney also have meaningful opportunities to gain sales after Bon-Ton shuts down.
Second, consumers are benefiting from a combination of low unemployment and lower taxes. Many taxpayers have already gotten a boost to their take-home pay thanks to lower withholding. Others may be in line for big refunds next spring. This bodes well for consumer spending.
Third, many department stores are testing and rolling out new initiatives to get more customers into their stores, boosting sales and earnings. For example, Kohl's has started using some stores as return depots for Amazon.com . In other locations, it is carving out space from its stores to make room for Aldi and other high-traffic tenants. Macy's is rapidly opening new "Backstage" off-price stores within its full-line locations to improve sales per square foot. Finally, J.C. Penney has expanded into new categories like toys and appliances to capitalize on store closures by the likes of Toys R Us and Sears Holdings .
The valuations are still compelling
While department store stocks have rebounded from the lows they reached last fall, they still look like great bargains compared to the rest of the market -- assuming that they can capitalize on the sales growth opportunities highlighted above.
Macy's stock trades for just eight times the average 2018 analyst earnings estimate. On the same basis, Kohl's and Dillard's trade for 12 times earnings and J.C. Penney trades for 14 times earnings. However, the latter three all produce free cash flow that significantly exceeds EPS. In fact, J.C. Penney stock trades for less than four times free cash flow.
These low valuations imply that investors fear the worst is still to come. But if the remaining players are instead set to consolidate their dominance of a slimmed-down department store landscape, then department store stocks still have plenty of room to rise.
10 stocks we like better than J.C. Penney
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John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Adam Levine-Weinberg owns shares of J.C. Penney, Kohl's, and Macy's. The Motley Fool owns shares of and recommends Amazon. 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.
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 Monday, top department store stocks including Macy's (NYSE: M) , Kohl's (NYSE: KSS) , Dillard's (NYSE: DDS) , and J.C. Penney (NYSE: JCP) lost roughly 3% to 4%. Shares of Macy's, Kohl's, Dillard's, and J.C. Penney all plunged last May after department stores posted weak comp sales results across the board in Q1 2017. The valuations are still compelling While department store stocks have rebounded from the lows they reached last fall, they still look like great bargains compared to the rest of the market -- assuming that they can capitalize on the sales growth opportunities highlighted above.
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On Monday, top department store stocks including Macy's (NYSE: M) , Kohl's (NYSE: KSS) , Dillard's (NYSE: DDS) , and J.C. Penney (NYSE: JCP) lost roughly 3% to 4%. Paul Trussell of Deutsche Bank told clients that department stores' comp sales results probably cooled off in the first quarter. On the same basis, Kohl's and Dillard's trade for 12 times earnings and J.C. Penney trades for 14 times earnings.
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On Monday, top department store stocks including Macy's (NYSE: M) , Kohl's (NYSE: KSS) , Dillard's (NYSE: DDS) , and J.C. Penney (NYSE: JCP) lost roughly 3% to 4%. The case against department store stocks In recent years, weather sensitivity has become a big issue for department stores. But if the remaining players are instead set to consolidate their dominance of a slimmed-down department store landscape, then department store stocks still have plenty of room to rise.
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On Monday, top department store stocks including Macy's (NYSE: M) , Kohl's (NYSE: KSS) , Dillard's (NYSE: DDS) , and J.C. Penney (NYSE: JCP) lost roughly 3% to 4%. Furthermore, shares of Macy's, Kohl's, Dillard's, and J.C. Penney still look quite cheap. To make matters worse, most of this bad weather came late in the season, when department stores were already transitioning to spring merchandise.
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cf094648-b214-49dd-8024-b6d014dca8c8
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719707.0
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2018-05-08 00:00:00 UTC
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Validea Benjamin Graham Strategy Daily Upgrade Report - 5/8/2018
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DDS
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https://www.nasdaq.com/articles/validea-benjamin-graham-strategy-daily-upgrade-report-582018-2018-05-08
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nan
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nan
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The following are today's upgrades for Validea's Value Investor model based on the published strategy of Benjamin Graham . This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth.
DILLARD'S, INC. ( DDS ) is a mid-cap value stock in the Retail (Department & Discount) industry. The rating according to our strategy based on Benjamin Graham changed from 71% to 86% 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 furnishing. As of January 28, 2017, the Company operated 293 Dillard's stores, including 25 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's segments include the Retail operations segment and the Construction segment. The Retail operations segment includes the operation of the Company's retail department stores. The Construction segment includes the operations of CDI Contractors, LLC (CDI), a general contracting construction company. CDI's business includes constructing and remodeling stores for the Company. As of January 28, 2017, the Company operated retail department stores in 29 states, primarily in 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.
For a full detailed analysis using NASDAQ's Guru Analysis tool, click here
Since its inception, Validea's strategy based on Benjamin Graham has returned 506.22% vs. 167.15% for the S&P 500. For more details on this strategy, click here
About Benjamin Graham : The late Benjamin Graham may be the oldest of the gurus we follow, but his impact on the investing world has lasted for decades after his death in 1976. Known as both the "Father of Value Investing" and the founder of the entire field of security analysis, Graham mentored several of history's greatest investors -- including Warren Buffett -- and inspired a slew of others, including John Templeton, Mario Gabelli, and another of Validea's gurus, John Neff. Graham built his fortune and reputation after living through some extremely difficult times, including both the Great Depression and his own family's financial woes following his father's death when Benjamin was a young man. His investment firm posted per annum returns of about 20 percent from 1936 to 1956, far outpacing the 12.2 percent average return for the market during that time.
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.
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. The following are today's upgrades for Validea's Value Investor model based on the published strategy of Benjamin Graham . Graham built his fortune and reputation after living through some extremely difficult times, including both the Great Depression and his own family's financial woes following his father's death when Benjamin was a young man.
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DILLARD'S, INC. ( DDS ) is a mid-cap value stock in the Retail (Department & Discount) industry. The Company's segments include the Retail operations segment and the Construction segment. The Retail operations segment includes the operation of the Company's retail department stores.
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DILLARD'S, INC. ( DDS ) is a mid-cap value stock in the Retail (Department & Discount) industry. As of January 28, 2017, the Company operated 293 Dillard's stores, including 25 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. Known as both the "Father of Value Investing" and the founder of the entire field of security analysis, Graham mentored several of history's greatest investors -- including Warren Buffett -- and inspired a slew of others, including John Templeton, Mario Gabelli, and another of Validea's gurus, John Neff.
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DILLARD'S, INC. ( DDS ) is a mid-cap value stock in the Retail (Department & Discount) industry. The following are today's upgrades for Validea's Value Investor model based on the published strategy of Benjamin Graham . The Retail operations segment includes the operation of the Company's retail department stores.
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2306719e-3153-45ce-b757-f5b628ffa14e
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719708.0
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2018-05-07 00:00:00 UTC
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Factors Setting the Tone for Dillard's (DDS) in Q1 Earnings
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DDS
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https://www.nasdaq.com/articles/factors-setting-the-tone-for-dillards-dds-in-q1-earnings-2018-05-07
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nan
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nan
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Dillard's, Inc.DDS is expected to release its first-quarter fiscal 2018 results on May 10. A glance at the company's earnings trend shows that it has outpaced the Zacks Consensus Estimate in three of the trailing four quarters. However, this leading departmental store retailer delivered an average negative earnings surprise of 49.6% in the last four quarters.
Also, the Zacks Consensus Estimate of $2.73 for the first quarter remained stable over the past 30 days but reflects a 28.8% improvement on a year-over-year basis.
Let's see how things are shaping up ahead of the upcoming release.
Dillard's, Inc. Price, Consensus and EPS Surprise
Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote
Factors at Play
Dillard's looks appeasing on the back of its strategic initiatives that aided the company's performance in the last reported quarter. Further, the company's constant efforts to capitalize on growth opportunities in its brick-and-mortar stores and e-commerce business remain encouraging. Dillard's also continues to gain from its niche market position, offering a broad array of merchandise in its stores, featuring products from both national and exclusive brands.
We expect the company's top and bottom line to gain from its focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing domestic operations. Apparently, analysts polled by Zacks project revenues of $1.46 billion, up 0.3% from the prior-year quarter. Additionally, Dillard's constant shareholder-friendly moves are impressive.
These laudable efforts are well-reflected in the company's share price movement. In a year's time, Dillard's shares have rallied 28.4%, faring better than the industry 's gain of 22.5%.
However, persistence of challenging trends in the apparel space due to changing customer preferences remains a hurdle. Also, Dillard's operates in the highly competitive retail merchandise industry, which might dent the company's profitability.
Zacks Model
Our proven model does not show that Dillard's is likely to beat earnings estimates this quarter. This is because a stock needs to have both - a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) - for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Dillard's has an Earnings ESP of 0.00% as both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at $2.73. Although, the company's Zacks Rank #3 increases the predictive power of earnings beat but Earnings ESP of 0.00% makes surprise prediction difficult.
Stocks With Favorable Combination
Here are some companies that you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Nordstrom, Inc. JWN has an Earnings ESP of +8.97% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here .
Burlington Stores, Inc. BURL has an Earnings ESP of +0.69% and a Zacks Rank of 2.
Abercrombie & Fitch Co. ANF has an Earnings ESP of +5.30% and a Zacks Rank #3.
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Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
Nordstrom, Inc. (JWN): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): 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.
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 release its first-quarter fiscal 2018 results on May 10. Click to get this free report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Further, the company's constant efforts to capitalize on growth opportunities in its brick-and-mortar stores and e-commerce business remain encouraging.
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Click to get this free report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS is expected to release its first-quarter fiscal 2018 results on May 10. Dillard's, Inc. Price, Consensus and EPS Surprise Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote Factors at Play Dillard's looks appeasing on the back of its strategic initiatives that aided the company's performance in the last reported quarter.
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Click to get this free report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS is expected to release its first-quarter fiscal 2018 results on May 10. Dillard's, Inc. Price, Consensus and EPS Surprise Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote Factors at Play Dillard's looks appeasing on the back of its strategic initiatives that aided the company's performance in the last reported quarter.
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Dillard's, Inc.DDS is expected to release its first-quarter fiscal 2018 results on May 10. Click to get this free report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Burlington Stores, Inc. BURL has an Earnings ESP of +0.69% and a Zacks Rank of 2.
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719709.0
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2018-04-25 00:00:00 UTC
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5 Value Stocks That Are Screaming Buys Amid Higher Yields
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DDS
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https://www.nasdaq.com/articles/5-value-stocks-are-screaming-buys-amid-higher-yields-2018-04-25
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nan
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nan
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Value investing, which had lost appeal during the Trump rally, regained its luster in recent months driven by bouts of market volatility, political uncertainty and geopolitical tensions. In particular, inflationary fears, rise in yields and faster-than-expected rates hike led to the recent spike in value stocks.
Below we discuss some strong reasons for investing in value stocks.
Higher Yields
The 10-year Treasury yields topped the 3% level, which could trigger financial shock waves as it did in 2013. In fact, the yield curve started steepening after a long period of flattening and when the yield curve steepens, value companies have better access to capital and should outperform growth ones.
Faster Rate Hike Expectations
A spike in commodity prices, especially oil and metals, has led to inflationary pressures and thus speculation of faster rate hikes. Per the latest CME's FedWatch tracking tool, the market is projecting 50% chances of a total of four interest rate hikes this year against the three penciled in by the Fed. This compares to 33% probability a month ago and less than 40% late last week. This has led to greater uncertainty in the market, thereby favoring value stocks, which exhibit lower volatility compared with growth and blend counterparts. Value stocks are less susceptible to trending markets and tend to outperform in rising interest and inflation rate environments.
Tax Reform
The tax cut is expected to provide a huge boost to value stocks. This will lead to an economic surge, boosting job growth in manufacturing and other sectors, increasing inflation and interest rates. Additionally, it would lead to higher earnings, increased buyback activities, and fatty dividends, prompting investors to rotate out of growth and into value stocks.
Strong Fundamentals
Value stocks have strong fundamentals - earnings, dividends, book value and cash flow - that trade below their intrinsic value. Value stocks often overreact to both positive and negative news, resulting in share price movement that does not reflect the company's true long-term fundamentals. This creates buying opportunities in such stocks at depressed prices and shows the potential for capital appreciation when the stock finally reflects its true market price.
As a result, investors may want to consider a nice value play in the current scenario. While there are number of options available in the value space, focus on cheap stocks could be a less risky way to tap the same broad trends. Below we have selected five stocks having a Zacks Rank #1 (Strong Buy), a Value Score of A, positive year-over-year estimate revision for this year's earnings growth and a Zacks Industry Rank within the top 10%, with the help of the Zacks Stock Screener .
Micron Technology Inc. MU
This is one of the world's leading providers of advanced semiconductor solutions.
You can see the complete list of today's Zacks #1 Rank stocks here.
Zacks Industry Rank: Top 1%
This Year Fiscal Estimated Earnings Growth - 121.57%
Market Cap: $56.85 billion
Dillard's Inc. DDS
The company operates as a fashion apparel, cosmetics and home furnishing retailer in the United States.
Zacks Industry Rank: Top 1%
This Year Fiscal Estimated Earnings Growth - 21.25%
Market Cap: $2.09 billion
United States Steel Corporation X
It is an integrated steel producer with major production operations in the United States and Central Europe.
Zacks Industry Rank: Top 8%
This Year Fiscal Estimated Earnings Growth - 172.68%
Market Cap: $6.43 billion
Seagate Technology PLC STX
The compnay offers a portfolio of hard disc drives, solid state drives and solid state hybrid drives.
Zacks Industry Rank: Top 9%
This Year Fiscal Estimated Earnings Growth - 19.66%
Market Cap: $16.58 billion
Univar Inc. UNVR
This is a distributor of commodity and specialty chemical products, and related services worldwide.
Zacks Industry Rank: Top 9%
This Year Fiscal Estimated Earnings Growth - 23.72%
Market Cap: $4.08 billion
Bottom Line
Value stocks seek to outperform amid market uncertainty as well as in a higher rate environment. As such, investors shouldn't forget the value space and should take a closer look at a few of the attractive value products in this segment for excellent exposure and some outperformance in the near term.
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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
Seagate Technology PLC (STX): Free Stock Analysis Report
Univar Inc. (UNVR): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
United States Steel Corporation (X): Free Stock Analysis Report
Micron Technology, Inc. (MU): 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.
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 Industry Rank: Top 1% This Year Fiscal Estimated Earnings Growth - 121.57% Market Cap: $56.85 billion Dillard's Inc. DDS The company operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. Click to get this free report Seagate Technology PLC (STX): Free Stock Analysis Report Univar Inc. (UNVR): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Value investing, which had lost appeal during the Trump rally, regained its luster in recent months driven by bouts of market volatility, political uncertainty and geopolitical tensions.
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Click to get this free report Seagate Technology PLC (STX): Free Stock Analysis Report Univar Inc. (UNVR): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Industry Rank: Top 1% This Year Fiscal Estimated Earnings Growth - 121.57% Market Cap: $56.85 billion Dillard's Inc. DDS The company operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. Zacks Industry Rank: Top 1% This Year Fiscal Estimated Earnings Growth - 21.25% Market Cap: $2.09 billion United States Steel Corporation X It is an integrated steel producer with major production operations in the United States and Central Europe.
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Click to get this free report Seagate Technology PLC (STX): Free Stock Analysis Report Univar Inc. (UNVR): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Industry Rank: Top 1% This Year Fiscal Estimated Earnings Growth - 121.57% Market Cap: $56.85 billion Dillard's Inc. DDS The company operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. Below we have selected five stocks having a Zacks Rank #1 (Strong Buy), a Value Score of A, positive year-over-year estimate revision for this year's earnings growth and a Zacks Industry Rank within the top 10%, with the help of the Zacks Stock Screener .
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Zacks Industry Rank: Top 1% This Year Fiscal Estimated Earnings Growth - 121.57% Market Cap: $56.85 billion Dillard's Inc. DDS The company operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. Click to get this free report Seagate Technology PLC (STX): Free Stock Analysis Report Univar Inc. (UNVR): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Value stocks are less susceptible to trending markets and tend to outperform in rising interest and inflation rate environments.
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719710.0
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2018-04-24 00:00:00 UTC
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5 Top-Ranked Stocks From Sectors Unfazed by Rising Yields
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DDS
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https://www.nasdaq.com/articles/5-top-ranked-stocks-sectors-unfazed-rising-yields-2018-04-24-0
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Treasury yields have been on a tear in recent week with the 10-year yield almost touching the important 3% threshold, which caused jitters in the financial stock market in 2013. Notably, the 10-year Treasury yields hit its highest level in more than four years at 2.998% on Apr 23, pushing the gap or spread to German bonds to the widest in 29 years.
Source: ©iStock.com/CharlieAJA
Meanwhile, the two-year yields rose to high of 2.483% - the highest since September 2008.
Worries about growing supply of government debt and inflationary pressures from the recent spike in commodity prices, especially oil and metals, triggered the rise.
4 Blue-Chip Stocks to Buy Ahead of Eye-Popping Earnings
Per the latest CME's FedWatch tracking tool, the market is projecting 50% chances of a total of four interest rate hikes this year. This compares with 33% probability a month ago and less than 40% late last week.
A Reason to Worry
Higher rates would attract more capital to the country, thereby boosting the U.S. dollar against the basket of other currencies. This would leave a huge impact on commodity-linked investments, implying that a rising rate environment will hurt a number of segments.
Higher rates would result in tighter lending conditions and curtail consumer spending on a wide range of products like cars and houses. This will in turn dent profitability across various segments. Further, businesses will also face higher loan rates over time.
Winning Sectors
A rising rate environment is highly beneficial to cyclical sectors like financial, consumer discretionary, technology and industrials.
In particular, banks are at the most advantageous position as they seek to borrow money at short-term rates and lend at long-term rates. If interest rates rise, banks would be able to earn more on lending and pay less on deposits. This would expand net margins and bolster banks' profits. Also, insurance companies are able to earn higher returns on their investment portfolio of longer-duration bonds.
Higher interest rates usually indicate a healthy economy, which in turn leads to greater consumer power. An improving economy coupled with a surging stock market will continue to add wealth effect, resulting in higher consumer confidence, and making the consumer discretionary sector tempting to investors amid higher yields.
The technology sector should benefit as rising interest rates usually correlate with an economy that is gaining strength and is expected to grow at a faster pace, leading to increased IT spending.
7 Stocks to Buy for Big May Dividend Hikes
While there are several compelling options in these sectors, a few of them have potentially superior weighting methodologies with a solid Zacks Rank #1 (Strong Buy) or 2 (Buy), a Growth Score of B or better and a projected this year double-digit earnings growth.
Below, we have presented a bunch of stocks that will thrive in the rising rates environment.
Top-Ranked Stocks From Sectors Unfazed by Rising Yields: Commerce Bancshares Inc. (CBSH)
Missouri-based regional bank Commerce Bancshares Inc. (NASDAQ: CBSH ) holding company offers a full range of financial products to consumers and commercial customers including personal banking, lending, mortgage banking, wealth management, brokerage and capital markets services.
The stock saw solid earnings estimate revision of three cents for this year over the past seven days and is expected to generate earnings growth of 29.96%. CBSH has a Zacks Rank #1 and a Growth Score of B.
5 ETFs to Play Rising Yields
It belongs to the top-ranked Zacks industry ( top 27% ).
Top-Ranked Stocks From Sectors Unfazed by Rising Yields: Guess?, Inc. (GES)
California-based iconic global lifestyle brand Guess?, Inc. (NYSE: GES ) designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women and children.
It has seen positive earnings estimate revision of three cents for the fiscal (ending Jan 2019) over the past 30 days and has an expected growth rate of 41.43%.
5 Terrific Tech Stocks to Buy Ahead of Q1 Earnings
Guess' has a Zacks Rank #1 and a Growth Score of A. It further falls into a top-ranked Zacks industry ( top 43% ).
Top-Ranked Stocks From Sectors Unfazed by Rising Yields: Dillard's, Inc. (DDS)
Arkansas-based Dillard's, Inc. (NYSE: DDS ) operates as a fashion apparel, cosmetics and home furnishing retailer in the United States.
It has seen solid earnings estimate revision of $1.56 for the fiscal (ending January 2019) over the past 60 days. DDS is expected to register earnings growth of 21.25%, and has a Zacks Rank #1 and a Growth Score of A.
3 Great REITs to Buy Right Now
It further belongs to a top-ranked Zacks Industry ( top 1% ).
Top-Ranked Stocks From Sectors Unfazed by Rising Yields: Planet Fitness Inc (PLNT)
New Hampshire-based Planet Fitness Inc (NYSE: PLNT ) franchises and operates fitness centers through its subsidiaries under the Planet Fitness name.
It saw positive earnings estimate revision of 13 cents for this year over the past 30 days and is expected to witness earnings growth of 41.7%.
5 Big-Brand American Stocks to Sail Through an Edgy Market
The stock has a Zacks Rank #2 and a Growth Score of A. It belongs to the top-ranked Zacks industry ( top 32% ).
Top-Ranked Stocks From Sectors Unfazed by Rising Yields: Lam Research Corporation (LRCX)
California-based Lam Research Corporation (NASDAQ: LRCX ) designs, manufactures, markets and services semiconductor processing equipment used in the fabrication of integrated circuits.
It is expected to see earnings growth of 75.75% for this fiscal year (ending June 2018) and saw solid earnings estimate revision of 78 cents over the past seven days.
The 5 Best Big-Dividend Stocks With Upside
Lam Research has a Zacks Rank #1 and a Growth Style Score of A. It belongs to the top-ranked Zacks industry ( top 14% ).
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Compare Brokers
The post 5 Top-Ranked Stocks From Sectors Unfazed by Rising Yields 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.
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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Top-Ranked Stocks From Sectors Unfazed by Rising Yields: Dillard's, Inc. (DDS) Arkansas-based Dillard's, Inc. (NYSE: DDS ) operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. DDS is expected to register earnings growth of 21.25%, and has a Zacks Rank #1 and a Growth Score of A. Worries about growing supply of government debt and inflationary pressures from the recent spike in commodity prices, especially oil and metals, triggered the rise.
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Top-Ranked Stocks From Sectors Unfazed by Rising Yields: Dillard's, Inc. (DDS) Arkansas-based Dillard's, Inc. (NYSE: DDS ) operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. DDS is expected to register earnings growth of 21.25%, and has a Zacks Rank #1 and a Growth Score of A. Top-Ranked Stocks From Sectors Unfazed by Rising Yields: Commerce Bancshares Inc. (CBSH) Missouri-based regional bank Commerce Bancshares Inc. (NASDAQ: CBSH ) holding company offers a full range of financial products to consumers and commercial customers including personal banking, lending, mortgage banking, wealth management, brokerage and capital markets services.
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Top-Ranked Stocks From Sectors Unfazed by Rising Yields: Dillard's, Inc. (DDS) Arkansas-based Dillard's, Inc. (NYSE: DDS ) operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. DDS is expected to register earnings growth of 21.25%, and has a Zacks Rank #1 and a Growth Score of A. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Treasury yields have been on a tear in recent week with the 10-year yield almost touching the important 3% threshold, which caused jitters in the financial stock market in 2013.
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Top-Ranked Stocks From Sectors Unfazed by Rising Yields: Dillard's, Inc. (DDS) Arkansas-based Dillard's, Inc. (NYSE: DDS ) operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. DDS is expected to register earnings growth of 21.25%, and has a Zacks Rank #1 and a Growth Score of A. Winning Sectors A rising rate environment is highly beneficial to cyclical sectors like financial, consumer discretionary, technology and industrials.
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cba39791-5915-405f-af31-a618ad32a143
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719711.0
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2018-04-24 00:00:00 UTC
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5 Top-Ranked Stocks From Sectors Unfazed by Rising Yields
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DDS
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https://www.nasdaq.com/articles/5-top-ranked-stocks-sectors-unfazed-rising-yields-2018-04-24
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nan
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nan
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Treasury yields have been on a tear in recent week with the 10-year yield almost touching the important 3% threshold, which caused jitters in the financial stock market in 2013. Notably, the 10-year Treasury yields hit its highest level in more than four years at 2.998% on Apr 23, pushing the gap or spread to German bonds to the widest in 29 years. Meanwhile, the two-year yields rose to high of 2.483% - the highest since September 2008.
Worries about growing supply of government debt and inflationary pressures from the recent spike in commodity prices, especially oil and metals, triggered the rise. Per the latest CME's FedWatch tracking tool, the market is projecting 50% chances of a total of four interest rate hikes this year. This compares with 33% probability a month ago and less than 40% late last week.
A Reason to Worry
Higher rates would attract more capital to the country, thereby boosting the U.S. dollar against the basket of other currencies. This would leave a huge impact on commodity-linked investments, implying that a rising rate environment will hurt a number of segments. Higher rates would result in tighter lending conditions and curtail consumer spending on a wide range of products like cars and houses. This will in turn dent profitability across various segments. Further, businesses will also face higher loan rates over time.
Winning Sectors
A rising rate environment is highly beneficial to cyclical sectors like financial, consumer discretionary, technology and industrials.
In particular, banks are at the most advantageous position as they seek to borrow money at short-term rates and lend at long-term rates. If interest rates rise, banks would be able to earn more on lending and pay less on deposits. This would expand net margins and bolster banks' profits. Also, insurance companies are able to earn higher returns on their investment portfolio of longer-duration bonds.
Higher interest rates usually indicate a healthy economy, which in turn leads to greater consumer power. An improving economy coupled with a surging stock market will continue to add wealth effect, resulting in higher consumer confidence, and making the consumer discretionary sector tempting to investors amid higher yields. The technology sector should benefit as rising interest rates usually correlate with an economy that is gaining strength and is expected to grow at a faster pace, leading to increased IT spending.
While there are several compelling options in these sectors, a few of them have potentially superior weighting methodologies with a solid Zacks Rank #1 (Strong Buy) or 2 (Buy), a Growth Score of B or better and a projected this year double-digit earnings growth. Below, we have presented a bunch of stocks that will thrive in the rising rates environment.
Commerce Bancshares Inc. CBSH
This Missouri-based regional bank holding company offers a full range of financial products to consumers and commercial customers including personal banking, lending, mortgage banking, wealth management, brokerage and capital markets services. The stock saw solid earnings estimate revision of three cents for this year over the past seven days and is expected to generate earnings growth of 29.96%. CBSH has a Zacks Rank #1 and a Growth Score of B. It belongs to the top-ranked Zacks industry ( top 27% ). You can see the complete list of today's Zacks #1 Rank stocks here .
Guess' Inc. GES
This California-based iconic global lifestyle brand designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women and children. It has seen positive earnings estimate revision of three cents for the fiscal (ending Jan 2019) over the past 30 days and has an expected growth rate of 41.43%. Guess' has a Zacks Rank #1 and a Growth Score of A. It further falls into a top-ranked Zacks industry ( top 43% ).
Dillard's Inc. DDS
This Arkansas-based company operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. It has seen solid earnings estimate revision of $1.56 for the fiscal (ending January 2019) over the past 60 days. DDS is expected to register earnings growth of 21.25%, and has a Zacks Rank #1 and a Growth Score of A. It further belongs to a top-ranked Zacks Industry ( top 1% ).
Planet Fitness Inc. PLNT
This New Hampshire-based franchises and operates fitness centers through its subsidiaries under the Planet Fitness name. It saw positive earnings estimate revision of 13 cents for this year over the past 30 days and is expected to witness earnings growth of 41.7%. The stock has a Zacks Rank #2 and a Growth Score of A. It belongs to the top-ranked Zacks industry ( top 32% ).
Lam Research Corp. LRCX
This California-based company designs, manufactures, markets and services semiconductor processing equipment used in the fabrication of integrated circuits. It is expected to see earnings growth of 75.75% for this fiscal year (ending June 2018) and saw solid earnings estimate revision of 78 cents over the past seven days. Lam Research has a Zacks Rank #1 and a Growth Style Score of A. It belongs to the top-ranked Zacks industry ( top 14% ).
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
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
Commerce Bancshares, Inc. (CBSH): Free Stock Analysis Report
Planet Fitness, Inc. (PLNT): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Guess?, Inc. (GES): Free Stock Analysis Report
Lam Research Corporation (LRCX): 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.
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 This Arkansas-based company operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. DDS is expected to register earnings growth of 21.25%, and has a Zacks Rank #1 and a Growth Score of A. Click to get this free report Commerce Bancshares, Inc. (CBSH): Free Stock Analysis Report Planet Fitness, Inc. (PLNT): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Guess?, Inc. (GES): Free Stock Analysis Report Lam Research Corporation (LRCX): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Commerce Bancshares, Inc. (CBSH): Free Stock Analysis Report Planet Fitness, Inc. (PLNT): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Guess?, Inc. (GES): Free Stock Analysis Report Lam Research Corporation (LRCX): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc. DDS This Arkansas-based company operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. DDS is expected to register earnings growth of 21.25%, and has a Zacks Rank #1 and a Growth Score of A.
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Click to get this free report Commerce Bancshares, Inc. (CBSH): Free Stock Analysis Report Planet Fitness, Inc. (PLNT): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Guess?, Inc. (GES): Free Stock Analysis Report Lam Research Corporation (LRCX): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc. DDS This Arkansas-based company operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. DDS is expected to register earnings growth of 21.25%, and has a Zacks Rank #1 and a Growth Score of A.
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Dillard's Inc. DDS This Arkansas-based company operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. DDS is expected to register earnings growth of 21.25%, and has a Zacks Rank #1 and a Growth Score of A. Click to get this free report Commerce Bancshares, Inc. (CBSH): Free Stock Analysis Report Planet Fitness, Inc. (PLNT): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Guess?, Inc. (GES): Free Stock Analysis Report Lam Research Corporation (LRCX): Free Stock Analysis Report To read this article on Zacks.com click here.
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3169b5da-3dba-4981-9c3d-9341bdf69681
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719712.0
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2018-04-20 00:00:00 UTC
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Zacks Value Investor Highlights: Chemourr, Dillard's, Macy's, Micron and Western Digital
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DDS
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https://www.nasdaq.com/articles/zacks-value-investor-highlights%3A-chemourr-dillards-macys-micron-and-western-digital-2018
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For Immediate Release
Chicago, IL - April 20, 2018 - Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: ( https://www.zacks.com/stock/news/299869/5-tips-for-new-stock-investors )
5 Tips for New Stock Investors
Welcome to Episode #89 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio service , shares some of her top value investing tips and stock picks.
Are you a new investor?
Plenty of people are interested in stocks so they're not sure where to get started. That's why podcasts are helpful.
This week, Tracey focuses on the first-time investor.
How do you get started?
And should newbies even be investing right now with the volatility picking up and stocks still near their highs?
Here are 5 tips to help new stock investors get into the stock market.
5 Tips for New Stock Investors
1. It doesn't take a lot of money to start investing. Start small.
2. An easy way to get your feet wet in investing is to start doing it through a company 401k plan. You'll get used to the ups and downs of the stock market this way.
3. Once you're ready to move into individual stocks, don't get overwhelmed by all the choices. There are two ways to narrow the list down to a manageable number. Tracey takes you through it.
4. Buy more than one stock. One stock is not enough to be diverse. It's too risky.
5. Finally, investing isn't about being lucky. You can make luck happen even in investing. Tracey tells you how.
If you're a new investor, you can use the Zacks Rank to narrow your list of stock choices.
Tracey screened from Zacks Rank #1 (Strong Buy) stocks and for a Zacks Value Style Score of A, which is the top score.
The screen returned 45 stocks.
3 Stocks with the Best Zacks Rank and High Value Style Scores
1. Chemours Company (CC) is a specialty chemical company that was spun-off of DuPont. It's been featured on the Value Investor Podcast in the past but it's Rank remains high and it's still a value with a forward P/E of 9.6. Earnings are expected to rise 40.6% in 2018.
2. Dillard's (DDS) operates 268 stores and 256 clearance centers. Like it's department store peer Macy's (M) , which has been featured on the podcast many times, it's also cheap with a forward P/E of 13. In March it announced a $500 million share repurchase plan.
3. Tired of Micron (MU) always being featured on the podcast? It's not the only cheap tech company with a Zacks #1 Rank and a Value Score of A. Western Digital (WDC) also has a dirt-cheap P/E of only 6.5. It also pays a dividend, currently yielding 2.2%. Western Digital reports earnings on Apr 26.
What else should newbie investors know about stocks?
Find out on this week's podcast.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
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Media Contact
Zacks Investment Research
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https://www.zacks.com/performance
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.
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
Western Digital Corporation (WDC): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Macy's, Inc. (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Micron Technology, Inc. (MU): 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.
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) operates 268 stores and 256 clearance centers. Click to get this free report Western Digital Corporation (WDC): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
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Click to get this free report Western Digital Corporation (WDC): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's (DDS) operates 268 stores and 256 clearance centers. For Immediate Release Chicago, IL - April 20, 2018 - Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec.
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Click to get this free report Western Digital Corporation (WDC): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's (DDS) operates 268 stores and 256 clearance centers. For Immediate Release Chicago, IL - April 20, 2018 - Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec.
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Dillard's (DDS) operates 268 stores and 256 clearance centers. Click to get this free report Western Digital Corporation (WDC): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - April 20, 2018 - Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec.
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2018-04-19 00:00:00 UTC
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5 Tips for New Stock Investors
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DDS
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https://www.nasdaq.com/articles/5-tips-new-stock-investors-2018-04-19
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(1: 30 ) - Tips For Finding Good Buys
(11: 30 ) - Stock Screener For Value Stocks
(14: 00 ) - Tracey's Top Stock Picks
(18: 00 ) - Episode Roundup: CC, DDS. M, MU, WDC
Podcast@Zacks.com
Welcome to Episode #89 of the Value Investor Podcast
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio service , shares some of her top value investing tips and stock picks.
Are you a new investor?
Plenty of people are interested in stocks so they're not sure where to get started. That's why podcasts are helpful.
This week, Tracey focuses on the first-time investor.
How do you get started?
And should newbies even be investing right now with the volatility picking up and stocks still near their highs?
Here are 5 tips to help new stock investors get into the stock market.
5 Tips for New Stock Investors
1. It doesn't take a lot of money to start investing. Start small.
2. An easy way to get your feet wet in investing is to start doing it through a company 401k plan. You'll get used to the ups and downs of the stock market this way.
3. Once you're ready to move into individual stocks, don't get overwhelmed by all the choices. There are two ways to narrow the list down to a manageable number. Tracey takes you through it.
4. Buy more than one stock. One stock is not enough to be diverse. It's too risky.
5. Finally, investing isn't about being lucky. You can make luck happen even in investing. Tracey tells you how.
If you're a new investor, you can use the Zacks Rank to narrow your list of stock choices.
Tracey screened from Zacks Rank #1 (Strong Buy) stocks and for a Zacks Value Style Score of A, which is the top score.
The screen returned 45 stocks.
3 Stocks with the Best Zacks Rank and High Value Style Scores
1. Chemours Company CC is a specialty chemical company that was spun-off of DuPont. It's been featured on the Value Investor Podcast in the past but it's Rank remains high and it's still a value with a forward P/E of 9.6. Earnings are expected to rise 40.6% in 2018.
2. Dillard's DDS operates 268 stores and 256 clearance centers. Like it's department store peer Macy's M , which has been featured on the podcast many times, it's also cheap with a forward P/E of 13. In March it announced a $500 million share repurchase plan.
3. Tired of Micron MU always being featured on the podcast? It's not the only cheap tech company with a Zacks #1 Rank and a Value Score of A. Western Digital WDC also has a dirt-cheap P/E of only 6.5. It also pays a dividend, currently yielding 2.2%. Western Digital reports earnings on Apr 26.
What else should newbie investors know about stocks?
Find out on this week's podcast.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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Western Digital Corporation (WDC): Free Stock Analysis Report
Chemours Company (The) (CC): Free Stock Analysis Report
Macy's, Inc. (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Micron Technology, Inc. (MU): 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.
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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(1: 30 ) - Tips For Finding Good Buys (11: 30 ) - Stock Screener For Value Stocks (14: 00 ) - Tracey's Top Stock Picks (18: 00 ) - Episode Roundup: CC, DDS. Dillard's DDS operates 268 stores and 256 clearance centers. Click to get this free report Western Digital Corporation (WDC): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here.
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(1: 30 ) - Tips For Finding Good Buys (11: 30 ) - Stock Screener For Value Stocks (14: 00 ) - Tracey's Top Stock Picks (18: 00 ) - Episode Roundup: CC, DDS. Click to get this free report Western Digital Corporation (WDC): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's DDS operates 268 stores and 256 clearance centers.
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(1: 30 ) - Tips For Finding Good Buys (11: 30 ) - Stock Screener For Value Stocks (14: 00 ) - Tracey's Top Stock Picks (18: 00 ) - Episode Roundup: CC, DDS. Click to get this free report Western Digital Corporation (WDC): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's DDS operates 268 stores and 256 clearance centers.
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(1: 30 ) - Tips For Finding Good Buys (11: 30 ) - Stock Screener For Value Stocks (14: 00 ) - Tracey's Top Stock Picks (18: 00 ) - Episode Roundup: CC, DDS. Dillard's DDS operates 268 stores and 256 clearance centers. Click to get this free report Western Digital Corporation (WDC): Free Stock Analysis Report Chemours Company (The) (CC): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report To read this article on Zacks.com click here.
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9f6446df-53b4-4005-b2b6-257f35bbea53
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719714.0
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2018-04-18 00:00:00 UTC
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Burlington Stores (BURL) Hits a 52-Week High, Can the Run Continue?
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DDS
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https://www.nasdaq.com/articles/burlington-stores-burl-hits-a-52-week-high-can-the-run-continue-2018-04-18
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nan
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nan
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Have you been paying attention to shares of Burlington StoresBURL ? Shares have been on the move with the stock up 9.7% over the past month. BURL hit a new 52-week high of $140.15 in the previous session. Burlington Stores has gained 12.2% since the start of the year compared to the 4.4% move for the Retail-Wholesale sector and the 5.2% year-to-date return for its peer group.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on March 8, 2018, Burlington Stores reported EPS of $2.17 versus the Zacks Consensus Estimate of $2.09 while it beat the consensus revenue estimate by 2.92%.
For the current fiscal year, Burlington Stores is expected to post earnings of $5.76 per share on $6.6 billion in revenues. This represents a 31.81% change in EPS on an 8.5% change in revenues. For the next fiscal year, the company is expected to earn $6.74 per share on $7.16 billion in revenues. This represents a year-over-year change of 16.93% and 8.42%, respectively.
Valuation Metrics
Burlington Stores may be at a 52-week high right now, but what might the future hold for BURL? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
Burlington Stores has a Value Score of C. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 23.9X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 18.6X versus its peer group's average of 15.99X. Additionally, the stock has a PEG ratio of 1.30. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Burlington Stores, Inc. Price and Consensus
Burlington Stores, Inc. Price and Consensus | Burlington Stores, Inc. Quote
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Burlington Stores currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 and Style Scores of A or B, it looks as if Burlington Stores passes the test. Thus, it seems as though BURL shares could have a bit more room to run in the near term.
How Does Burlington Stores Stack Up to the Competition?
Shares of Burlington Stores have been moving higher, and the company still appears to be a decent choice, but what about the rest of the industry? Some of its industry peers are also impressive, including Dollar General Corporation DG , Dillard's DDS , and ASOS PLS ADR ASOMY , all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices.
The Zacks Industry Rank is in the top 38% of all the industries we have in our universe, so it looks like there are some nice tailwinds for BURL, even beyond its own solid fundamental situation.
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
Dollar General Corporation (DG): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
ASOS PLS ADR (ASOMY): 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.
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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Some of its industry peers are also impressive, including Dollar General Corporation DG , Dillard's DDS , and ASOS PLS ADR ASOMY , all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices. Click to get this free report Dollar General Corporation (DG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report ASOS PLS ADR (ASOMY): Free Stock Analysis Report To read this article on Zacks.com click here. Burlington Stores has gained 12.2% since the start of the year compared to the 4.4% move for the Retail-Wholesale sector and the 5.2% year-to-date return for its peer group.
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Some of its industry peers are also impressive, including Dollar General Corporation DG , Dillard's DDS , and ASOS PLS ADR ASOMY , all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices. Click to get this free report Dollar General Corporation (DG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report ASOS PLS ADR (ASOMY): Free Stock Analysis Report To read this article on Zacks.com click here. Burlington Stores, Inc. Price and Consensus Burlington Stores, Inc. Price and Consensus | Burlington Stores, Inc. Quote Zacks Rank We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front.
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Click to get this free report Dollar General Corporation (DG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report ASOS PLS ADR (ASOMY): Free Stock Analysis Report To read this article on Zacks.com click here. Some of its industry peers are also impressive, including Dollar General Corporation DG , Dillard's DDS , and ASOS PLS ADR ASOMY , all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices. Burlington Stores has a Value Score of C. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of A.
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Some of its industry peers are also impressive, including Dollar General Corporation DG , Dillard's DDS , and ASOS PLS ADR ASOMY , all of which currently have a Zacks Rank of at least #2 and a VGM Score of at least B, making them well-rounded choices. Click to get this free report Dollar General Corporation (DG): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report ASOS PLS ADR (ASOMY): Free Stock Analysis Report To read this article on Zacks.com click here. In its last earnings report on March 8, 2018, Burlington Stores reported EPS of $2.17 versus the Zacks Consensus Estimate of $2.09 while it beat the consensus revenue estimate by 2.92%.
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926bd370-d0c3-4592-a0c7-3a056436e92d
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719715.0
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2018-04-10 00:00:00 UTC
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Noteworthy Tuesday Option Activity: DDS, COST, SAGE
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DDS
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https://www.nasdaq.com/articles/noteworthy-tuesday-option-activity-dds-cost-sage-2018-04-10
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 2,922 contracts have traded so far, representing approximately 292,200 underlying shares. That amounts to about 55.2% of DDS's average daily trading volume over the past month of 529,295 shares. Especially high volume was seen for the $84 strike call option expiring April 20, 2018 , with 1,170 contracts trading so far today, representing approximately 117,000 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $84 strike highlighted in orange:
Costco Wholesale Corp (Symbol: COST) options are showing a volume of 12,741 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 53.4% of COST's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $175 strike put option expiring May 18, 2018 , with 2,824 contracts trading so far today, representing approximately 282,400 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $175 strike highlighted in orange:
And Sage Therapeutics Inc (Symbol: SAGE) options are showing a volume of 2,031 contracts thus far today. That number of contracts represents approximately 203,100 underlying shares, working out to a sizeable 53.4% of SAGE's average daily trading volume over the past month, of 380,080 shares. Particularly high volume was seen for the $170 strike call option expiring April 20, 2018 , with 464 contracts trading so far today, representing approximately 46,400 underlying shares of SAGE. Below is a chart showing SAGE's trailing twelve month trading history, with the $170 strike highlighted in orange:
For the various different available expirations for DDS options , COST options , or SAGE 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.
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 $84 strike call option expiring April 20, 2018 , with 1,170 contracts trading so far today, representing approximately 117,000 underlying shares of DDS. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 2,922 contracts have traded so far, representing approximately 292,200 underlying shares. That amounts to about 55.2% of DDS's average daily trading volume over the past month of 529,295 shares.
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Below is a chart showing DDS's trailing twelve month trading history, with the $84 strike highlighted in orange: Costco Wholesale Corp (Symbol: COST) options are showing a volume of 12,741 contracts thus far today. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 2,922 contracts have traded so far, representing approximately 292,200 underlying shares. That amounts to about 55.2% of DDS's average daily trading volume over the past month of 529,295 shares.
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 2,922 contracts have traded so far, representing approximately 292,200 underlying shares. Below is a chart showing SAGE's trailing twelve month trading history, with the $170 strike highlighted in orange: For the various different available expirations for DDS options , COST options , or SAGE options , visit StockOptionsChannel.com. That amounts to about 55.2% of DDS's average daily trading volume over the past month of 529,295 shares.
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Below is a chart showing SAGE's trailing twelve month trading history, with the $170 strike highlighted in orange: For the various different available expirations for DDS options , COST options , or SAGE options , visit StockOptionsChannel.com. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 2,922 contracts have traded so far, representing approximately 292,200 underlying shares. That amounts to about 55.2% of DDS's average daily trading volume over the past month of 529,295 shares.
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31cd12f7-1312-4466-8d31-60ce56d57374
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719716.0
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2018-04-09 00:00:00 UTC
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Commit To Purchase Dillard's At $52.50, Earn 10.3% Using Options
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DDS
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https://www.nasdaq.com/articles/commit-purchase-dillards-5250-earn-103-using-options-2018-04-09
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nan
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nan
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Investors considering a purchase of Dillard's Inc. (Symbol: DDS) shares, but cautious about paying the going market price of $79.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $52.50 strike, which has a bid at the time of this writing of $5.40. Collecting that bid as the premium represents a 10.3% return against the $52.50 commitment, or a 5.8% annualized rate of return (at Stock Options Channel we call this the YieldBoost ).
Selling a put does not give an investor access to DDS's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $52.50 strike if doing so produced a better outcome than selling at the going market price. ( Do options carry counterparty risk? This and six other common options myths debunked ). So unless Dillard's Inc. sees its shares fall 33.7% and the contract is exercised (resulting in a cost basis of $47.10 per share before broker commissions, subtracting the $5.40 from $52.50), the only upside to the put seller is from collecting that premium for the 5.8% annualized rate of return.
Worth considering, is that the annualized 5.8% figure actually exceeds the 0.5% annualized dividend paid by Dillard's Inc. by 5.3%, based on the current share price of $79.67. And yet, if an investor was to buy the stock at the going market price in order to collect the dividend, there is greater downside because the stock would have to lose 33.68% to reach the $52.50 strike price.
Always important when discussing dividends is the fact that, in general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Dillard's Inc., looking at the dividend history chart for DDS below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.5% annualized dividend yield.
Below is a chart showing the trailing twelve month trading history for Dillard's Inc., and highlighting in green where the $52.50 strike is located relative to that history:
The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2020 put at the $52.50 strike for the 5.8% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Dillard's Inc. (considering the last 250 trading day closing values as well as today's price of $79.67) to be 53%. For other put options contract ideas at the various different available expirations, visit the DDS Stock Options page of StockOptionsChannel.com.
Top YieldBoost Puts 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.
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 considering a purchase of Dillard's Inc. (Symbol: DDS) shares, but cautious about paying the going market price of $79.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. Selling a put does not give an investor access to DDS's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. In the case of Dillard's Inc., looking at the dividend history chart for DDS below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.5% annualized dividend yield.
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Selling a put does not give an investor access to DDS's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. Investors considering a purchase of Dillard's Inc. (Symbol: DDS) shares, but cautious about paying the going market price of $79.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. In the case of Dillard's Inc., looking at the dividend history chart for DDS below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.5% annualized dividend yield.
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Selling a put does not give an investor access to DDS's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. Investors considering a purchase of Dillard's Inc. (Symbol: DDS) shares, but cautious about paying the going market price of $79.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. In the case of Dillard's Inc., looking at the dividend history chart for DDS below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.5% annualized dividend yield.
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In the case of Dillard's Inc., looking at the dividend history chart for DDS below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.5% annualized dividend yield. Investors considering a purchase of Dillard's Inc. (Symbol: DDS) shares, but cautious about paying the going market price of $79.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. Selling a put does not give an investor access to DDS's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised.
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66652909-4894-4dcb-8c3c-2b03f78049f0
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719717.0
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2018-04-09 00:00:00 UTC
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Williams-Sonoma Rides on Strong E-Commerce Amid High Costs
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DDS
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https://www.nasdaq.com/articles/williams-sonoma-rides-on-strong-e-commerce-amid-high-costs-2018-04-09
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nan
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nan
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Williams-Sonoma, Inc.'sWSM consistent enhancement of e-commerce channel, optimization of supply chain and the transformation of retail fleet through investment in new and remodeled stores have been the principle growth drivers.
Recently, the company reported fourth-quarter 2017 earnings, which surpassed the Zacks Consensus Estimate by 3.1%. The figure increased 8.4% from the year-ago quarter's level. Net revenues came ahead of the consensus mark and improved 6.2% year over year. Comparable brand revenues rose 5.4% in the quarter, better than 3.3% increase in the preceding quarter and 0.9% decline in the year-ago quarter. The figure marks the highest fourth-quarter comps registered by the company in several years, driven by broad-based strength in all its brands.
Revenues in the e-commerce segment were up 8.4%, while the Retail segment improved 3.9% from the prior-year quarter.
Key Growth Drivers
E-commerce channel has driven substantial growth for Williams-Sonoma. The segment generates around 53% of revenues and has been consistently posting impressive results. The company saw a 5.5% growth in its e-commerce channel in 2017. Williams-Sonoma is expected to generate more revenues from e-commerce, as it focuses on re-platforming its mobile sites to progressive web app technology, streamlining checkout process and implementing the next-generation of machine learning, on-site search as well as personalization experience.
In addition to focused investment in the e-commerce segment, Williams-Sonoma consistently innovates to keep pace with the changing preferences of consumers. The company collaborates with celebrated brands and designers to offer exclusive designs on home furnishings products. The company believes that collaborations with designers and brands attract new customers as well as introduce new trends in home furnishing.
The company is focused on enhancing customer experience through improved and innovative marketing techniques. In order to drive brand awareness, it shifted advertising spend toward social media campaigns and in cross-brand initiatives to increase customer engagement and cross-selling opportunities across its brands. Such initiatives drove total customer growth by 5%, the highest increase since 2014.
In 2017, the acquisition of Outward, Inc, a leading 3D imaging and augmented reality platform, is expected to improve product visualization and design capabilities. This will elevate customer experience, increase conversion and reduce returns for William-Sonoma.
Concerns
The specialty e-commerce and retail businesses are highly competitive. Williams-Sonoma competes with other retailers that market similar merchandise. The substantial sales growth in the e-commerce industry in the last decade has encouraged the entry of competitors and introduced new business models. Increased competition might dent Williams-Sonoma's sales and operating results.
Moreover, although Williams-Sonoma derives substantial revenues from efficient catalog circulation and digital marketing, it is affected by costs associated with continued investments in e-commerce. Further, supply chain investments are denting the company's operating margins. In 2017, the company's operating margin was down 70 basis points (bps) year over year.
Zacks Rank & Stocks to Consider
Williams-Sonoma carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the Retail-Wholesale sector are Dillard's, Inc. DDS , Macy's, Inc. M and Kohl's Corporation KSS .
Earnings for Dillard's, a Zacks Rank #1 (Strong Buy) company, are expected to increase 21.3% this year. You can see the complete list of today's Zacks #1 Rank stocks here .
Macy's has a solid ROE of 24.9%, higher the industry average of 11.2%. The company sports a Zacks Rank #1.
Earnings for Kohl's, a Zacks Rank #2 (Buy) stock, are expected to increase 25.1% this year.
Zacks Editor-in-Chief Goes "All In" on This Stock
Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.
Download 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
Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report
Macy's, Inc. (M): Free Stock Analysis Report
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.
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.
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 few better-ranked stocks in the Retail-Wholesale sector are Dillard's, Inc. DDS , Macy's, Inc. M and Kohl's Corporation KSS . Click to get this free report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. Williams-Sonoma, Inc.'sWSM consistent enhancement of e-commerce channel, optimization of supply chain and the transformation of retail fleet through investment in new and remodeled stores have been the principle growth drivers.
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Click to get this free report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. A few better-ranked stocks in the Retail-Wholesale sector are Dillard's, Inc. DDS , Macy's, Inc. M and Kohl's Corporation KSS . Key Growth Drivers E-commerce channel has driven substantial growth for Williams-Sonoma.
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Click to get this free report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. A few better-ranked stocks in the Retail-Wholesale sector are Dillard's, Inc. DDS , Macy's, Inc. M and Kohl's Corporation KSS . Zacks Rank & Stocks to Consider Williams-Sonoma carries a Zacks Rank #3 (Hold).
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A few better-ranked stocks in the Retail-Wholesale sector are Dillard's, Inc. DDS , Macy's, Inc. M and Kohl's Corporation KSS . Click to get this free report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. Revenues in the e-commerce segment were up 8.4%, while the Retail segment improved 3.9% from the prior-year quarter.
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499a3b4f-dfd7-44db-a829-ff3e3eab8964
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719718.0
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2018-04-05 00:00:00 UTC
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Virtu Financial, Empire State Realty Trust, Dillard's, Burlington Stores and Macy's highlighted as Zacks Bull and Bear of the Day
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DDS
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https://www.nasdaq.com/articles/virtu-financial-empire-state-realty-trust-dillards-burlington-stores-and-macys-highlighted
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nan
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For Immediate Release
Chicago, IL - April 5, 2018 - Zacks Equity Research highlights Virtu Financial VIRT as the Bull of the Day, Empire State Realty Trust ESRT as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Dillard's DDS , Burlington Stores BURL and Macy's M .
Here is a synopsis of all five stocks:
Bull of the Day :
Virtu Financial is a High Frequency Trading (HFT) firm and is a Zacks Rank #1 (Strong Buy). The company just reported a solid quarter. Let's take a look at why this stock is The Bull Of The Day.
Description
Virtu Financial provides market making and liquidity services through its proprietary, multi-asset, and multi-currency technology platform to the financial markets worldwide. Virtu Financial was founded in 2008 and is headquartered in New York, New York.
Earnings History
The last two quarters were really good, but the two preceding those were pretty soft.
The most recent quarter saw EPS of $0.22 and that was $0.09 ahead of estimates for a positive earnings surprise of 69%.
The report before that was a 60% positive surprise, just off a much smaller basis. Before that, there was a 43% miss and an 11% miss before that. So the earnings history isn't the best, but it is far from the worst seeing as the last two beats were really strong.
Estimates
So this is a Zacks Rank #1 (Strong Buy) yet I only see 1 revision higher for this year and next year over the last 60 days. That could also speak to the lack of coverage on this name. In any event, the Zacks Consensus Estimate for 2018 has moved from $0.87 90 days ago to $1.11 60 days ago and then to $1.59 which is where it stands right now. Those are some big moves and thanks in part to the good earnings release.
Valuation
I see VIRT trading at 21x forward earnings and this multiple is hard to compare to financials. That is because most of VIRT is based on the idea of it being a tech company. The revenue growth of 70% from the previous quarter and 169% from the year-ago period tell me that this HFT can handle the volatility that has come about in a big way.
The price to book is over 5x and price to sales is over 6x, both measures are high anyway you look at them. I think this stock runs, as volatility is here to stay for the time being. Trump can be both good and bad for stocks, and that recipe makes VIRT a must own.
Bear of the Day :
Empire State Realty Trust is a Zacks Rank #5 (Strong Sell) and sports an "F" for both its Value and Growth Style Scores. Today, ESRT is the Bear Of The Day, so let's take a look at why that is the case.
Description
Empire State Realty Trust, is a real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world's most famous building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of December 31, 2017, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio.
Earnings History
Whenever I see a Zacks Rank #5 (Strong Sell) I look at the earnings history for a clue as to why it holds the lowest Zacks Rank. In the case of ESRT, I see a recent meet, a miss and two beats.
That is not the worst earnings history I have ever seen and hardly enough of a reason for the stock to be the Bear of the Day.
Estimate Revisions
The core of the Zacks Rank is driven by estimate revisions. ESRT has revisions of late and most are negative.
I see the Zacks Consensus Estimate for 2018 moving from $1.02 to $0.93 over the last 90 days.
Similarly, the Zacks Consensus Estimate for 2019 has moved from $1.06 to $0.95.
That downward pressure has caused the Rank to slide in an environment when most stocks are seeing earnings estimate rise.
At the same time, I see things to like here for ESRT. Revenue for the 2018 year is expected to be $487.7M and that number grows to $500.3M next year. Say what you will, but I am all about revenue growth.
Additional content:
Avoid Chinese Trade War Concerns with These 3 Retail Stocks
The U.S. and China inched closer to a possible trade war after the Trump administration threatened to impose tariffs on $50 billion worth of Chinese imports on Tuesday night. The Chinese have since responded in kind, and investors are now seemingly more worried than ever about market-wide repercussions. But fashion based retail is one area of the U.S. economy that might be able to stay above the fray.
The Trump administration announced possible 25% tariffs across 1,300 categories and products, in a move that escalates recent tensions between the world's two largest economies. Notably left off Trump's latest tariff proposal are retail staples from shoes to clothing. This means that some U.S. retailers could avoid a trade war-induced downturn.
Clearly, most investors hope a compromise can be reached before competing Chinese and U.S. tariffs are imposed. But it never hurts to prepare for the worst.
With that said, let's take a look at three shoe and clothing heavy retail stocks that might be able to come out of any possible trade war unscathed.
1. Dillard's
This department store chain operates around 300 stores around the U.S. and saw its comparable store sales climb by 3% last quarter. Dillard's revenue growth amid the shifting retail market is notable, but the company's ability to turn a profit going forward might excite investors even more.
Dillard's has seen its first quarter consensus earnings estimate climb by $0.48 in the last 60 days, based on upward earnings estimate revision activity. Our current Zacks Consensus Estimates are now calling for Dillard's earnings to surge by nearly 29% to reach $2.73 per share. This bottom line expansion is projected to continue for the rest of the year.
The retailer's fashion-based business should also be able to keep running smoothly if a trade war were to break out. Lastly, Dillard's is currently a Zacks Rank #1 (Strong Buy) and rocks an "A" grade for Value and a "B" for Growth in our Style Scores system.
2. Burlington Stores
Burlington's growth has been notable at a time when e-commerce has forced many brick-and-mortar retailers to close. The company posted strong comp sales growth last quarter and is projected to see its first quarter revenues climb by 10.7% to reach $1.49 billion.
Investors will also be happy to note that Burlington's bottom line is expected to expand by 48% in Q1 to reach $1.08 per share. Looking even further ahead, the department store is projected to see its EPS figure grow at an annualized rate of 18.7% over the next three to five years.
Burlington is currently a Zacks Rank #2 (Buy) that has experienced a slew of Q1 and full-year earnings estimate revisions, with almost complete agreement to the upside, over the last 60 days. Furthermore, Trump's new tariffs will try to avoid U.S. shopper backlash, which is great news for this footwear and clothing-focused off-price retailer.
3. Macy's
Macy's Forward P/E of 8.2 compares favorably to its industry's 10.4 average and offers even better value than it did just a month ago due to the recent market-wide selloff. This industry bellwether has also traded at a substantial discount to the "Retail - Regional Department Stores" average for more than a year, as it fights its way back through a series of digital sales innovations.
Looking ahead, Macy's Q1 earnings are projected to surge by 50% to hit $0.36 per share, while revenue is expected to climb at a more modest rate. Meanwhile, with a beta of 0.75, Macy's is theoretically 25% less volatile than the market average, which is great for investors in search of stability amid this recent bearish turn.
Macy's is currently a Zacks Rank #1 (Strong Buy) that has earned seven upward earnings estimate revisions for its full-year, all within the last 60 days. The retail giant is also far less likely to suffer tariff related business setbacks as these proposed tariffs take on goods such as dishwashers and televisions.
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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Virtu Financial, Inc. (VIRT): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis Report
Macy's, Inc. (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Empire State Realty Trust, Inc. (ESRT): 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.
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 addition, Zacks Equity Research provides analysis on Dillard's DDS , Burlington Stores BURL and Macy's M . Click to get this free report Virtu Financial, Inc. (VIRT): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Empire State Realty Trust, Inc. (ESRT): Free Stock Analysis Report To read this article on Zacks.com click here. Burlington is currently a Zacks Rank #2 (Buy) that has experienced a slew of Q1 and full-year earnings estimate revisions, with almost complete agreement to the upside, over the last 60 days.
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In addition, Zacks Equity Research provides analysis on Dillard's DDS , Burlington Stores BURL and Macy's M . Click to get this free report Virtu Financial, Inc. (VIRT): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Empire State Realty Trust, Inc. (ESRT): Free Stock Analysis Report To read this article on Zacks.com click here. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of December 31, 2017, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio.
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Click to get this free report Virtu Financial, Inc. (VIRT): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Empire State Realty Trust, Inc. (ESRT): Free Stock Analysis Report To read this article on Zacks.com click here. In addition, Zacks Equity Research provides analysis on Dillard's DDS , Burlington Stores BURL and Macy's M . Macy's is currently a Zacks Rank #1 (Strong Buy) that has earned seven upward earnings estimate revisions for its full-year, all within the last 60 days.
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In addition, Zacks Equity Research provides analysis on Dillard's DDS , Burlington Stores BURL and Macy's M . Click to get this free report Virtu Financial, Inc. (VIRT): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Empire State Realty Trust, Inc. (ESRT): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's has seen its first quarter consensus earnings estimate climb by $0.48 in the last 60 days, based on upward earnings estimate revision activity.
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5e94f22b-6ff3-4927-8122-097962ad5af0
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719719.0
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2018-04-04 00:00:00 UTC
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Why GameStop (GME) Could Be Positioned for a Slump
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DDS
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https://www.nasdaq.com/articles/why-gamestop-gme-could-be-positioned-for-a-slump-2018-04-04
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nan
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nan
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Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.
One such stock that you may want to consider dropping is GameStop Corp.GME , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in GME.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen four estimates moving down in the past 30 days, compared with no upward revisions. This trend has caused the consensus estimate to trend lower, going from $3.32 a share a month ago to its current level of $3.08.
Also, for the current quarter, GameStop has seen two downward estimate revisions versus no revisions in the opposite direction, dragging the consensus estimate down to 40 cents a share from 60 cents over the past 30 days.
The stock also has seen some pretty dismal trading lately, as the share price has dropped 20.1% in the past month.
GameStop Corp. Price and Consensus
GameStop Corp. Price and Consensus | GameStop Corp. Quote
So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait.
If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Dillard's, Inc. DDS . The stock currently holds a Zacks Rank #1 (Strong Buy) and may be a better selection at this time. You can see the complete list of today's Zacks #1 Rank stocks here .
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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
GameStop Corp. (GME): 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.
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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If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Dillard's, Inc. DDS . Click to get this free report GameStop Corp. (GME): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns.
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Click to get this free report GameStop Corp. (GME): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Dillard's, Inc. DDS . GameStop Corp. Price and Consensus GameStop Corp. Price and Consensus | GameStop Corp. Quote So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait.
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Click to get this free report GameStop Corp. (GME): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Dillard's, Inc. DDS . One such stock that you may want to consider dropping is GameStop Corp.GME , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year.
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Click to get this free report GameStop Corp. (GME): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. If you are still interested in the Retail-Wholesale sector, you may instead consider a better-ranked stock - Dillard's, Inc. DDS . One such stock that you may want to consider dropping is GameStop Corp.GME , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year.
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0985e441-aa77-44ef-8387-70f21ea6da2a
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719720.0
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2018-04-04 00:00:00 UTC
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Avoid Chinese Trade War Concerns with These 3 Retail Stocks
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DDS
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https://www.nasdaq.com/articles/avoid-chinese-trade-war-concerns-these-3-retail-stocks-2018-04-04
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nan
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nan
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The U.S. and China inched closer to a possible trade war after the Trump administration threatened to impose tariffs on $50 billion worth of Chinese imports on Tuesday night. The Chinese have since responded in kind, and investors are now seemingly more worried than ever about market-wide repercussions. But fashion based retail is one area of the U.S. economy that might be able to stay above the fray.
The Trump administration announced possible 25% tariffs across 1,300 categories and products, in a move that escalates recent tensions between the world's two largest economies. Notably left off Trump's latest tariff proposal are retail staples from shoes to clothing. This means that some U.S. retailers could avoid a trade war-induced downturn.
Clearly, most investors hope a compromise can be reached before competing Chinese and U.S. tariffs are imposed. But it never hurts to prepare for the worst.
With that said, let's take a look at three shoe and clothing heavy retail stocks that might be able to come out of any possible trade war unscathed.
1. Dillard's DDS
This department store chain operates around 300 stores around the U.S. and saw its comparable store sales climb by 3% last quarter. Dillard's revenue growth amid the shifting retail market is notable, but the company's ability to turn a profit going forward might excite investors even more.
Dillard's has seen its first quarter consensus earnings estimate climb by $0.48 in the last 60 days, based on upward earnings estimate revision activity. Our current Zacks Consensus Estimates are now calling for Dillard's earnings to surge by nearly 29% to reach $2.73 per share. This bottom line expansion is projected to continue for the rest of the year.
The retailer's fashion-based business should also be able to keep running smoothly if a trade war were to break out. Lastly, Dillard's is currently a Zacks Rank #1 (Strong Buy) and rocks an "A" grade for Value and a "B" for Growth in our Style Scores system.
2. Burlington Stores BURL
Burlington's growth has been notable at a time when e-commerce has forced many brick-and-mortar retailers to close. The company posted strong comp sales growth last quarter and is projected to see its first quarter revenues climb by 10.7% to reach $1.49 billion.
Investors will also be happy to note that Burlington's bottom line is expected to expand by 48% in Q1 to reach $1.08 per share. Looking even further ahead, the department store is projected to see its EPS figure grow at an annualized rate of 18.7% over the next three to five years.
Burlington is currently a Zacks Rank #2 (Buy) that has experienced a slew of Q1 and full-year earnings estimate revisions, with almost complete agreement to the upside, over the last 60 days. Furthermore, Trump's new tariffs will try to avoid U.S. shopper backlash, which is great news for this footwear and clothing-focused off-price retailer.
3. Macy's M
Macy's Forward P/E of 8.2 compares favorably to its industry's 10.4 average and offers even better value than it did just a month ago due to the recent market-wide selloff. This industry bellwether has also traded at a substantial discount to the "Retail - Regional Department Stores" average for more than a year, as it fights its way back through a series of digital sales innovations.
Looking ahead, Macy's Q1 earnings are projected to surge by 50% to hit $0.36 per share, while revenue is expected to climb at a more modest rate. Meanwhile, with a beta of 0.75, Macy's is theoretically 25% less volatile than the market average, which is great for investors in search of stability amid this recent bearish turn.
Macy's is currently a Zacks Rank #1 (Strong Buy) that has earned seven upward earnings estimate revisions for its full-year, all within the last 60 days. The retail giant is also far less likely to suffer tariff related business setbacks as these proposed tariffs take on goods such as dishwashers and televisions.
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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
Burlington Stores, Inc. (BURL): Free Stock Analysis 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.
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 This department store chain operates around 300 stores around the U.S. and saw its comparable store sales climb by 3% last quarter. Click to get this free report Burlington Stores, Inc. (BURL): Free Stock Analysis 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. The U.S. and China inched closer to a possible trade war after the Trump administration threatened to impose tariffs on $50 billion worth of Chinese imports on Tuesday night.
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Click to get this free report Burlington Stores, Inc. (BURL): Free Stock Analysis 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. Dillard's DDS This department store chain operates around 300 stores around the U.S. and saw its comparable store sales climb by 3% last quarter. Macy's is currently a Zacks Rank #1 (Strong Buy) that has earned seven upward earnings estimate revisions for its full-year, all within the last 60 days.
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Click to get this free report Burlington Stores, Inc. (BURL): Free Stock Analysis 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. Dillard's DDS This department store chain operates around 300 stores around the U.S. and saw its comparable store sales climb by 3% last quarter. Dillard's has seen its first quarter consensus earnings estimate climb by $0.48 in the last 60 days, based on upward earnings estimate revision activity.
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Dillard's DDS This department store chain operates around 300 stores around the U.S. and saw its comparable store sales climb by 3% last quarter. Click to get this free report Burlington Stores, Inc. (BURL): Free Stock Analysis 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. The U.S. and China inched closer to a possible trade war after the Trump administration threatened to impose tariffs on $50 billion worth of Chinese imports on Tuesday night.
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eaee3848-a746-41f3-8ac4-5acfa0da248c
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719721.0
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2018-04-03 00:00:00 UTC
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Here's Why Fastenal (FAST) Is an Attractive Pick Right Now
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DDS
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https://www.nasdaq.com/articles/heres-why-fastenal-fast-is-an-attractive-pick-right-now-2018-04-03
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nan
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nan
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Fastenal Company 's FAST shares have gained more than 16% in the last six months, outperforming the 7.6% growth of its industry . The company's aggressive investment to increase Onsite locations, vending machines count and ecommerce business is expected to drive growth. Also, the Mansco acquisition is an added positive.
Meanwhile, the Zacks Consensus Estimate for earnings for both the first quarter and current year has increased 1.7% and 0.8%, respectively, in the last 30 days, thus reflecting optimism in the stock's prospects, and substantiating its Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
What Makes Fastenal a Solid Pick?
FAST Solutions Is Revolutionary:
Sales through vending machines grew at or near a double-digit pace in each of the four quarters of 2017. Fastenal signed 19,355 vending machines in 2017, reflecting an increase of 7.2% from the prior-year quarter, which is the highest since 2013.
At the end of 2017, the company had more than 71,000 installed vending machines, 14% higher than the 2016 level. The company also saw higher revenue per machine of 2-3% in 2017. Fastenal targets to sign 21,000-23,000 vending devices in 2018.
Mansco Acquisition: Fastenal acquired certain assets of industrial and fastener supply distributor, Manufacturer's Supply Company (Mansco), in March 2017. This marks Fastenal's largest acquisition till date. Headquartered in Hudsonville, MI, Mansco has additional facilities in Alabama and Texas.
The company focuses on fastener products, with a particularly strong market position with commercial furniture OEMs (Original Equipment Manufacturers). As such, this acquisition establishes Fastenal's presence in a market where it has not meaningfully contributed in the past, while providing Mansco with additional tools. Mansco generated approximately $50 million of revenues in 2016. Mansco contributed 140 basis points to daily sales growth of 14.8% in the fourth quarter of 2017.
Solid Estimated EPS Growth: The company's first-quarter earnings are expected to increase 32.6% year over year. The company's EPS is expected to grow 30.6% for the current year, in line with the industry's average projected growth.
In 2019, Fastenal is expected to come up with a decent performance as well, wherein its bottom line is expected to grow 8.8%.
Meanwhile, the company's sales are expected to increase 12.7% in the current quarter and 10.3% for the current year. For 2019, the company's projected sales growth is a healthy 7.7%.
The above-mentioned tailwinds have made it a great pick in terms of Growth investment. The stock has a Growth Score of A.
Solid VGM Score and ROE: The company has an impressive VGM Score of B. Our VGM Score identifies stocks that have the most attractive value, growth and momentum characteristics. In fact, our research shows that stocks with VGM Scores of A or B when combined with a Zacks Rank #1 or 2, make solid investment choices.
Fastenal's trailing 12-month return on equity (ROE) supports its growth potential. ROE in the trailing 12 months is 27.4%, while the industry gained 11.9%, reflecting the company's efficient usage of shareholders' funds.
Other Key Picks
Other top-ranked stocks in the same sector are Builders FirstSource, Inc. BLDR , Dillard's, Inc. DDS and Beacon Roofing Supply, Inc. BECN .
Builders FirstSource and Dillard's, both sporting a Zacks Rank #1, are likely to witness 41.7% and 21.3% earnings growth this year, respectively.
Beacon Roofing, carrying a Zacks Rank #2, is expected to witness 63.3% growth in 2018 earnings.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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
Fastenal Company (FAST): Free Stock Analysis Report
Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report
Builders FirstSource, Inc. (BLDR): 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.
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 Key Picks Other top-ranked stocks in the same sector are Builders FirstSource, Inc. BLDR , Dillard's, Inc. DDS and Beacon Roofing Supply, Inc. BECN . Click to get this free report Fastenal Company (FAST): Free Stock Analysis Report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. The company's aggressive investment to increase Onsite locations, vending machines count and ecommerce business is expected to drive growth.
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Other Key Picks Other top-ranked stocks in the same sector are Builders FirstSource, Inc. BLDR , Dillard's, Inc. DDS and Beacon Roofing Supply, Inc. BECN . Click to get this free report Fastenal Company (FAST): Free Stock Analysis Report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Solid Estimated EPS Growth: The company's first-quarter earnings are expected to increase 32.6% year over year.
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Click to get this free report Fastenal Company (FAST): Free Stock Analysis Report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Other Key Picks Other top-ranked stocks in the same sector are Builders FirstSource, Inc. BLDR , Dillard's, Inc. DDS and Beacon Roofing Supply, Inc. BECN . Meanwhile, the Zacks Consensus Estimate for earnings for both the first quarter and current year has increased 1.7% and 0.8%, respectively, in the last 30 days, thus reflecting optimism in the stock's prospects, and substantiating its Zacks Rank #2 (Buy).
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Other Key Picks Other top-ranked stocks in the same sector are Builders FirstSource, Inc. BLDR , Dillard's, Inc. DDS and Beacon Roofing Supply, Inc. BECN . Click to get this free report Fastenal Company (FAST): Free Stock Analysis Report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. What Makes Fastenal a Solid Pick?
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c2a35a96-ca5e-4ce8-9862-91d1ef398594
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719722.0
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2018-04-02 00:00:00 UTC
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Dillard's Rallies 35% in 3 Months: What's Driving the Stock?
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DDS
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https://www.nasdaq.com/articles/dillards-rallies-35-in-3-months%3A-whats-driving-the-stock-2018-04-02
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nan
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nan
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Dillard's Inc.DDS has been moving up the charts mainly due to a robust surprise trend backed by various strategic actions. Notably, the company's fourth-quarter fiscal 2017 results marked its third-earnings beat in the last four quarters. Moreover, the company delivered positive sales surprise for three consecutive quarters.
This robust performance has driven shares of Dillard's up 35.3% in the last three months, significantly outperforming the industry 's 17% growth. Moreover, this Zacks Rank #1 (Strong Buy) stock witnessed a rise of 13.3% following fourth-quarter results on Mar 27. This also marks a notable improvement from the industry's 1.5% upside.
Growth Catalysts
Dillard's has created a niche position in the industry by its stringent focus on offering fashionable products to its customers and adding value through exceptional customer care service. We believe that the company's strategy of offering fashion-forward and trendy products acts as a catalyst for attracting more customers.
The company is well positioned to benefit from growth opportunities in both its brick-and-mortar stores and e-commerce business, which is likely to aid in retaining existing customers and attracting new ones. On one hand, the company will gain by enhancing brand relations, focusing on in-trend categories, store remodels and rewarding store personnel. On the other hand, some of the strategies to boost growth across its e-commerce business include enhancing merchandise assortments and effective inventory management.
We expect the company's top and bottom lines to gain from its focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing domestic operations in the long term.
Further, Dillard's boasts a healthy cash position which provides it the financial flexibility to take up shareholder-friendly moves as well as engage in store and online business expansion. In fiscal 2017, the company generated net cash flow from operations of $274.2 million and incurred $9.4 million in dividends. Moreover, it repurchased 4.1 million shares for about $219 million in fiscal 2017. As of Feb 3, 2018, Dillard's had an authorization worth $34.8 million remaining under its $500 million buyback program.
All these efforts led the company to deliver another strong quarter in fourth-quarter fiscal 2017. Notably, both top and bottom lines surpassed estimates and improved year over year in the quarter, driven by the persistence of the positive trends witnessed in the third quarter into the fourth quarter. Earnings growth came on the back of solid comparable store sales (comps) increase, along with higher gross margins and relative expense management. Sales gained from strength across its ladies' apparel, juniors' and children's apparel, and men's apparel and accessories categories.
Dillard's, Inc. Price, Consensus and EPS Surprise
Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote
Looking for Trending Retail Picks? Check These
Other top-ranked stocks in the retail sector include Macy's Inc. M sporting a Zacks Rank #1, and Kohl's Corporation KSS and Nordstrom Inc. JWN both carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Macy's, with long-term earnings per share growth rate of 8.5%, has surged 41.3% in the last six months.
Kohl's has advanced a substantial 47.4% in the last six months. The stock has a long-term growth rate of 6.7%.
Nordstrom has a long-term EPS growth rate of 6%. Further, the stock has returned 9.6% in the last six months.
Can Hackers Put Money INTO Your Portfolio?
Earlier this year, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor's Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
Download the new report 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
Nordstrom, Inc. (JWN): Free Stock Analysis Report
Macy's, Inc. (M): Free Stock Analysis Report
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.
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.
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 has been moving up the charts mainly due to a robust surprise trend backed by various strategic actions. Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. We expect the company's top and bottom lines to gain from its focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing domestic operations in the long term.
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Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. Dillard's Inc.DDS has been moving up the charts mainly due to a robust surprise trend backed by various strategic actions. Dillard's, Inc. Price, Consensus and EPS Surprise Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote Looking for Trending Retail Picks?
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Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. Dillard's Inc.DDS has been moving up the charts mainly due to a robust surprise trend backed by various strategic actions. Notably, both top and bottom lines surpassed estimates and improved year over year in the quarter, driven by the persistence of the positive trends witnessed in the third quarter into the fourth quarter.
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Dillard's Inc.DDS has been moving up the charts mainly due to a robust surprise trend backed by various strategic actions. Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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 company is well positioned to benefit from growth opportunities in both its brick-and-mortar stores and e-commerce business, which is likely to aid in retaining existing customers and attracting new ones.
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27d67edf-d9c5-4ac4-b428-f754a3801b5a
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719723.0
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2018-04-02 00:00:00 UTC
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5 Top-Ranked Stocks That Ruled the Markets in Q1
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DDS
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https://www.nasdaq.com/articles/5-top-ranked-stocks-ruled-markets-q1-2018-04-02
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nan
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nan
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Markets endured a particularly volatile start to the year, ultimately losing significantly in the first quarter. Key indexes touched record levels in January before encountering a correction in February. These losses were caused by a jump in wages which triggered fears of higher inflation and faster rate increases.
After a short recovery toward the end of February, markets encountered further losses in March. Fears of an impending trade war between the United States and China weighed on investor sentiment. Tech stock-related losses also acted as a drag on broader markets.
Most Volatile Quarter Since 2011
During the first quarter, the Dow and the S&P 500 declined 2.3% and 1.2%, respectively. The period also brought to a close a nine-quarter-long stretch of gains for both these benchmarks. These were the first quarterly losses for the S&P 500 since 2015. But despite tech induced losses in February and March, the Nasdaq closed the quarter 2.3% higher.
Additionally, it was the most volatile quarter in recent memory. Last year, markets experienced the lowest levels of volatility in decades, hitting an all-time low in November, 2017. But over the recently concluded first quarter, the market's fear gauge, the VIX increased a staggering 81%. This is the highest advance recorded since the third quarter of 2011.
Blistering Gains in January, Correction in February
For the month of January, the Dow, the S&P 500 and the Nasdaq increased 5.8%, 5.6% and 7.4%, respectively. The passage of the Tax Cuts and Jobs Act of 2017 contributed heavily to January's gains.
Moreover, during the month, the Senate gave its consent to pass a short-term spending Bill that ends the recent government shutdown. Additionally, upbeat fourth-quarter earnings season also contributed to strong market performance. (Read: 5 Best Performing Stocks of January )
However, an unexpected correction hit stocks in February. For the month, the Dow, the S&P 500 and the Nasdaq decreased 4.3%, 3.9% and 1.9%, respectively. Markets suffered huge losses during the month following concerns over the decline in attractiveness of equities compared to bonds. In February, all the key indexes declined more than 10% from the all-time highs achieved on Jan 26, to enter correction territory.
Strong Economic Outlook
Economic data released over the quarter remained largely encouraging. Over the fourth quarter, U.S. GDP advanced at a 2.9% annual rate of growth. The figure exceeded the second estimate of 2.5%, marked a marginal decline from the 3.2% pace recorded in the third quarter.
Personal consumption increased by 0.2% during both January and February. However, inflation cooled slightly in February, with PCE inflation increasing 0.2% after advancing 0.3% in January. However, core PCE inflation experienced a yearly advance of 1.6%, the highest increase since February 2017.
On the jobs front, average hourly earnings surged 0.3% in January, boosting the yearly average to 2.9% - the highest since June 2009. Monthly wage gains moderated to 0.1% in February but the unemployment rate remained unchanged at a 17-year low of 4.1%. Further, for the week ended Mar 24, jobless claims plunged to a 45-year low.
Yield Spike, Inflationary Concerns Worry Investors
On Feb 8, U.S. markets officially entered correction territory. During the second week of February, the 10-year Treasury yield moved above 2.85% twice. Both these instances were followed by widespread losses for stocks. Meanwhile, average year-on-year hourly earnings for January increased to 2.9%, the highest since June 2009.
The record increase in wages led to concerns that retail prices would increase. Such fears, taken together with soaring yields, led to speculation that the pace of rate hikes would likely quicken over the year. (Read: Brave the Market Correction With These 6 Defensive Stocks )
Ultimately on Mar 21, the Federal Reserve increased the federal funds rate by 0.25 percentage point following its first meeting under new Fed Chair Jerome Powell. At the same time, the Fed reiterated that it intends to raise rates only three times this year, sticking to a gradual path of increases. (Read: Fed Hikes Rates, Gives Strong Outlook: Grab These 5 Stocks )
Trump Triggers a Trade War
On Mar 1, President Donald Trump said in a meeting with executives of steel and aluminum companies at the White House, said he would levy a 25% tariff on steel imports and 10% tariff on aluminum imports. The tariff announcement stoked fears of an international trade war and sparked a selloff. Ultimately, on Mar 8, Trump signed off on these tariffs but exempted key trading partners Canada and Mexico.
But the drama on the trade front was far from over. On Mar 22, Trump finally set in motion tariffs on as much as up to $60 billion in Chinese imports. Consequently, China announced plans for reciprocal tariffs on $3 billion of imports from the United States, giving rise to fears of an ensuing trade war.
Overall, China has said that it will impose tariffs on 128 U.S. products, including fruit and pork. Meanwhile, Trump is slated to reveal details of his tariffs on Chinese goods later this week. The focus is expected to be primarily on "high-technology" products. Naturally, markets have not taken kindly to these developments and have sustained severe losses on more than one occasion.
Tech Stocks Continue to Plunge
While investors had hoped that tech stocks would firm up after February's correction, the sector incurred heavy losses in the closing weeks of March. During the fourth week of last month, shares of Facebook Inc. FB took a massive hit in the wake of a data misuse scandal.
The carnage for tech stocks continued during the last week of the month Even as Facebook continued to plunge, shares of Nvidia Corporation NVDA and Tesla, Inc. TSLA were plagued by incidents and investigations related to the self-driving arena. Though tech stocks managed to recover somewhat during the last trading day of the quarter, the Technology Select Sector SPDR (XLK) still ended March 4% lower.
5 Star Performers for Q1
I ran a screen on Research Wizard for companies with the following parameters:
( Click here to sign up for a free trial to the Research Wizard today ):
Percentage price change over the last 12 weeks greater than or equal to 20%
Forward price-to-earnings ratio (P/E) for the current financial year (F1) less than or equal to 20. This picks out stocks that are good value choices
Expected earnings growth for the current financial year greater than or equal to 20%
Zacks Rank equal to 1: This ascertains stocks that have shown above-average returns over the last 26 years. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
(See the performance of Zacks' portfolios and strategies here: About Zacks Performance ).
Here are the top 5 stocks that made it through this screen:
Mammoth Energy Services, Inc.TUSK is an integrated oilfield service company.
Price gain over the last 4 weeks = 45.5%
Mammoth Energy Services' expected earnings growth for the current year is more than 100%. The forward price-to-earnings ratio (P/E) for the current financial year (F1) is 7.59.
SMART Global Holdings Inc.SGH is a designer, manufacturer and supplier of electronic subsystems to OEMs.
Price gain over the last 4 weeks = 41.4%
SMART Global Holdings' expected earnings growth for the current year is more than 100%. The stock has a P/E (F1) of 8.03x.
SolarEdge Technologies, Inc.SEDG provides innovative solar power harvesting and monitoring solutions for residential, commercial, and utility-scale solar PV installations.
Price gain over the last 4 weeks = 40.8%
Expected earnings growth for current year = 21.4%
SolarEdge Technologies has a P/E (F1) of 17.83x.
Dillard's Inc.DDS is a large departmental store chain featuring fashion apparel and home furnishings.
Price gain over the last 4 weeks = 40.3%
Expected earnings growth for current year = 21.2%
Dillard's has a P/E (F1) of 13.81x.
Veritiv CorporationVRTV engages in offering North American business-to-business distribution solutions. It provides packaging, print and print management, publishing, supply chain, facility and logistics solutions that span the entire lifecycle of core business operations
Price gain over the last 4 weeks = 38.5%
Veritiv's expected earnings growth for the current year is more than 100%. The stock has a P/E (F1) of 10.23x.
What's in Store for Stocks in Q2?
With new announcements related to tariffs coming in recently, markets will continue to grapple with fears of a trade war. Moreover, tech stocks seem set for a reckoning with several incidents weighing on big players from the sector. While economic data remains largely encouraging, markets will likely have to encounter more volatility as they look ahead to the second quarter.
Can Hackers Put Money INTO Your Portfolio?
Earlier this year, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor's Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
Download the new report 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
Facebook, Inc. (FB): Free Stock Analysis Report
Tesla, Inc. (TSLA): Free Stock Analysis Report
Veritiv Corporation (VRTV): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
NVIDIA Corporation (NVDA): Free Stock Analysis Report
SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report
SMART Global Holdings, Inc. (SGH): Free Stock Analysis Report
MAMMOOTH ENERGY (TUSK): 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.
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 large departmental store chain featuring fashion apparel and home furnishings. Click to get this free report Facebook, Inc. (FB): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Veritiv Corporation (VRTV): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report SMART Global Holdings, Inc. (SGH): Free Stock Analysis Report MAMMOOTH ENERGY (TUSK): Free Stock Analysis Report To read this article on Zacks.com click here. (Read: Fed Hikes Rates, Gives Strong Outlook: Grab These 5 Stocks ) Trump Triggers a Trade War On Mar 1, President Donald Trump said in a meeting with executives of steel and aluminum companies at the White House, said he would levy a 25% tariff on steel imports and 10% tariff on aluminum imports.
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Click to get this free report Facebook, Inc. (FB): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Veritiv Corporation (VRTV): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report SMART Global Holdings, Inc. (SGH): Free Stock Analysis Report MAMMOOTH ENERGY (TUSK): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is a large departmental store chain featuring fashion apparel and home furnishings. Strong Economic Outlook Economic data released over the quarter remained largely encouraging.
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Click to get this free report Facebook, Inc. (FB): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Veritiv Corporation (VRTV): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report SMART Global Holdings, Inc. (SGH): Free Stock Analysis Report MAMMOOTH ENERGY (TUSK): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is a large departmental store chain featuring fashion apparel and home furnishings. Tech Stocks Continue to Plunge While investors had hoped that tech stocks would firm up after February's correction, the sector incurred heavy losses in the closing weeks of March.
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Dillard's Inc.DDS is a large departmental store chain featuring fashion apparel and home furnishings. Click to get this free report Facebook, Inc. (FB): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Veritiv Corporation (VRTV): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report SMART Global Holdings, Inc. (SGH): Free Stock Analysis Report MAMMOOTH ENERGY (TUSK): Free Stock Analysis Report To read this article on Zacks.com click here. Most Volatile Quarter Since 2011 During the first quarter, the Dow and the S&P 500 declined 2.3% and 1.2%, respectively.
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523132bd-d69e-46f6-93cb-e718940b81f5
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719724.0
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2018-03-29 00:00:00 UTC
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GameStop (GME) Tops on Q4 Earnings & Sales, Guides for '18
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DDS
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https://www.nasdaq.com/articles/gamestop-gme-tops-on-q4-earnings-sales-guides-for-18-2018-03-29
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nan
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GameStop Corp.GME reported fourth-quarter fiscal 2017 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. The company's results were driven by Nintendo Switch's stellar performance in the quarter.
In the quarter under review, adjusted earnings came in at $2.02 per share surpassing the Zacks Consensus Estimate of $1.96 but decreased 15.1% from the year-ago period. Also, net sales were up 15% year over year to $3,502.5 million, which outpaced the consensus estimate of $3,253 million.
The company's sales were driven by robust demand for Nintendo Switch, and collectibles and software. International sales were also strong during the quarter. Further, GameStop witnessed sharp increase in worldwide omni-channel sales.
Let's Delve Deeper
Consolidated comparable store sales (comps) increased 12.2%, reflecting a gain of 8.3% at international locations and 14.2% at domestic locations.
By sales mix, new video game hardware sales jumped 44.8% to $844 million while new video game software sales were up 12.4% to $1,042.3 million. However, pre-owned and value video game products sales came in at $663.1 million, down 2.6% year over year. Increase in new hardware sales were driven by solid demand for Nintendo Switch while new software sales increased on account of robust title lineup.
Video game accessories sales jumped 37.4% to $327.7 million. While non-GAAP digital receipts increased 10.6% to $413 million, GAAP digital sales rose 7.3% to $61.4 million.
Technology Brands sales were down 14.2% to $219.7 million due to alteration in AT&T's dealer compensation structure. Additionally, the company stated that performance of Technology Brands was not up to the mark in fiscal 2017 and fell short of its estimates primarily on delay in release of the iPhone 8 and iPhone X as well as due to change in compensation structure by AT&T. The company said similar situation will persist in the first half of fiscal 2018.
Nevertheless, Collectibles sales surged 22.8% to $260.8 million buoyed by growth of licensed merchandise offerings and promotions during holiday season.
GameStop intends to enhance collectibles business to $1 billion by the end of fiscal 2019. Earlier, management had stated that it remains optimistic about non-physical gaming businesses and expects this category to reach approximately 50% of operating earnings by the end of fiscal 2019.
While gross profit inched up 1.6% to $ 1,024.5 million, gross margin contracted 380 basis points (bps) to 29.3%. Adjusted operating income declined 9.7% to $309.8 million while adjusted operating margin shriveled 250 bps to 8.8%.
GameStop Corp. Price, Consensus and EPS Surprise
GameStop Corp. Price, Consensus and EPS Surprise | GameStop Corp. Quote
Store Update
In fiscal 2017, GameStop shuttered a net of 131 video game stores globally, ending the year with 3,827 video game stores in the United States and 1,969 internationally. The company closed 80 net technology brands store and sold 65 Cricket stores. At the end of 2017, the company has 1,329 AT&T stores and 48 Simply Mac stores. Also, it opened 17 collectible stores and now has 103 stores.
Other Financial Aspects
GameStop ended the quarter with cash and cash equivalents of $864.4 million, net receivables of $182.7 million, long-term debt of $817.9 million and shareholders' equity of $2,214.5 million.
For fiscal 2018, management projects capital expenditures in the range of $110-$120 million and free cash flow to be approximately $300 million.
Guidance
GameStop expects fiscal 2018 total sales to be down 6% to 2% and projects comps to be flat to down 5%. For the year, management envisions earnings in the range of $3-$3.35 per share. The Zacks Consensus Estimate for fiscal 2018 is pegged at $3.32.
In fiscal 2018, the company anticipates collectibles business to register growth but expects video game business to decrease by mid-single digits.
GameStop carries a Zacks Rank #4 (Sell), which is subject to change following the earnings announcement. The stock has declined 30.8% in the past six months, underperforming the industry 's gain of 11.6%.
Three Retail Stocks Likely to Steal the Show
Dillard's, Inc. DDS delivered a positive earnings surprise in the trailing two quarters. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Kohl's Corporation KSS pulled off an average positive earnings surprise of 12% in the trailing four quarters. The company has a long-term earnings growth rate of 6.7% and a Zacks Rank #2 (Buy).
Nordstrom, Inc. JWN has delivered a positive earnings surprise in the trailing three out of four quarters. The company carries a Zacks Rank of 2.
Investor Alert: Breakthroughs Pending
A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline.
Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now.
Click here to see them >>
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
Nordstrom, Inc. (JWN): Free Stock Analysis Report
GameStop Corp. (GME): Free Stock Analysis Report
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.
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.
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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Three Retail Stocks Likely to Steal the Show Dillard's, Inc. DDS delivered a positive earnings surprise in the trailing two quarters. Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report GameStop Corp. (GME): Free Stock Analysis Report 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. In the quarter under review, adjusted earnings came in at $2.02 per share surpassing the Zacks Consensus Estimate of $1.96 but decreased 15.1% from the year-ago period.
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Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report GameStop Corp. (GME): Free Stock Analysis Report 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. Three Retail Stocks Likely to Steal the Show Dillard's, Inc. DDS delivered a positive earnings surprise in the trailing two quarters. By sales mix, new video game hardware sales jumped 44.8% to $844 million while new video game software sales were up 12.4% to $1,042.3 million.
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Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report GameStop Corp. (GME): Free Stock Analysis Report 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. Three Retail Stocks Likely to Steal the Show Dillard's, Inc. DDS delivered a positive earnings surprise in the trailing two quarters. By sales mix, new video game hardware sales jumped 44.8% to $844 million while new video game software sales were up 12.4% to $1,042.3 million.
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Three Retail Stocks Likely to Steal the Show Dillard's, Inc. DDS delivered a positive earnings surprise in the trailing two quarters. Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report GameStop Corp. (GME): Free Stock Analysis Report 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. GameStop Corp. Price, Consensus and EPS Surprise GameStop Corp. Price, Consensus and EPS Surprise | GameStop Corp. Quote Store Update In fiscal 2017, GameStop shuttered a net of 131 video game stores globally, ending the year with 3,827 video game stores in the United States and 1,969 internationally.
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719725.0
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2018-03-29 00:00:00 UTC
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Why Is Dillard's, Inc. (DDS) Down -7.73% Since its Last Earnings Report?
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DDS
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https://www.nasdaq.com/articles/why-is-dillards-inc.-dds-down-7.73-since-its-last-earnings-report-2018-03-29
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nan
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It has been about a month since the last earnings report for Dillard's, Inc.DDS . Shares have lost about 7.7% in that time frame.
Will the recent negative trend continue leading up to its next earnings release, or is DDS due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for Dillard's, Inc. Before we dive into how investors and analysts have reacted as of late
Dillard's Beats on Q4 Earnings & Sales
Dillard's reported fourth-quarter fiscal 2017 results, wherein adjusted earnings per share of $2.82 per share rose 52.4% from $1.85 per share in the prior-year quarter. Moreover, bottom-line results significantly beat the Zacks Consensus Estimate of $1.82 per share.
Results mainly gained from the persistence of the positive trends witnessed in the third quarter into the fourth quarter. The earnings growth came on the back of solid comparable store sales (comps) increase, along with higher gross margins and relative expense management.
Dillard's total revenues (including service charges and other income) of $2,109.2 million improved 6.3% from the year-ago quarter, and also topped the Zacks Consensus Estimate of $2,041.1 million.
Dillard's net sales (including CDI Contractors LLC or CDI) rose 6.5% year over year to $2,061.3 million in the reported quarter. Merchandise sales, excluding CDI, increased 6.8% to roughly $2,025 million. Sales in comparable stores for the 13-week period ended Jan 27, 2018 jumped 3% from the year-ago period.
During the quarter, ladies' apparel, juniors' and children's apparel, and men's apparel and accessories categories displayed above-average performance. However, this was offset by softness in cosmetics, ladies' accessories and lingerie, home and furniture, and shoes categories. The Western and Eastern regions were the best performers, trailed by the Central region.
Consolidated gross margin expanded 53 basis points (bps), while gross margin from retail operations (excluding CDI) improved 48 bps due to higher markups.
Dillard's SG&A expenses (as a percentage of sales) remained flat with last year at 23.3%. In dollar terms, SG&A expenses rose 6.5% to $480.8 million driven by increased payroll, supplies and utilities. Further, an additional week of operations in fourth-quarter fiscal 2017 led to the increase in operating expenses.
Financial Details
Dillard's ended the quarter with cash and cash equivalents of $187 million, long-term debt and capital leases (excluding current portions) of $368.3 million and total shareholders' equity of $3,673.1 million. Merchandise inventories improved 4.1% year over year to $1,463.6 million.
In fiscal 2017, the company generated net cash flow from operations of $274.2 million and incurred $9.4 million in dividends.
Moreover, the company bought back 0.6 million shares for $34.6 million in the fourth quarter. This brings the total share repurchases made during the fiscal year to 4.1 million shares for about $219 million. As of Feb 3, 2018, Dillard's had an authorization worth $34.8 million remaining under its $500 million buyback program.
Store Update
As of Feb 3, 2018, Dillard's had about 268 namesake outlets and 24 clearance centers operating in 29 states, as well as an online store at www.dillards.com. Dillard's total square footage, as of Feb 3 was 49.2 million.
Fiscal 2018 View
Following the solid quarter, Dillard's provided its costs guidance for fiscal 2018. The company expects rentals of approximately $27 million compared with $28 million in fiscal 2017. Net interest and debt expenses are anticipated to be nearly $50 million, versus $63 million in fiscal 2017. Further, the company projects capital expenditures of about $140 million for fiscal 2018 against $131 million spent in fiscal 2017.
Depreciation and amortization expenses for fiscal 2018 are expected at $230 million compared with $232 million in the prior year.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed an upward trend in fresh estimates. There has been one revision higher for the current quarter.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. Price and Consensus | Dillard's, Inc. Quote
VGM Scores
At this time, DDS has a nice Growth Score of B, however its Momentum is doing a bit better with an A. The stock was also allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Based on our scores, the stock is more suitable for value and momentum investors than growth investors.
Outlook
Estimates have been trending upward for the stock and the magnitude of this revision looks promising. It comes with little surprise DDS has a Zacks Rank # 1 (Strong Buy). We expect an above average return from the stock in the next few months.
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.
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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Will the recent negative trend continue leading up to its next earnings release, or is DDS due for a breakout? It has been about a month since the last earnings report for Dillard's, Inc.DDS . Dillard's, Inc. Price and Consensus Dillard's, Inc. Price and Consensus | Dillard's, Inc. Quote VGM Scores At this time, DDS has a nice Growth Score of B, however its Momentum is doing a bit better with an A.
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Dillard's, Inc. Price and Consensus Dillard's, Inc. Price and Consensus | Dillard's, Inc. Quote VGM Scores At this time, DDS has a nice Growth Score of B, however its Momentum is doing a bit better with an A. It has been about a month since the last earnings report for Dillard's, Inc.DDS . Will the recent negative trend continue leading up to its next earnings release, or is DDS due for a breakout?
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It has been about a month since the last earnings report for Dillard's, Inc.DDS . Will the recent negative trend continue leading up to its next earnings release, or is DDS due for a breakout? Dillard's, Inc. Price and Consensus Dillard's, Inc. Price and Consensus | Dillard's, Inc. Quote VGM Scores At this time, DDS has a nice Growth Score of B, however its Momentum is doing a bit better with an A.
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It has been about a month since the last earnings report for Dillard's, Inc.DDS . Will the recent negative trend continue leading up to its next earnings release, or is DDS due for a breakout? Dillard's, Inc. Price and Consensus Dillard's, Inc. Price and Consensus | Dillard's, Inc. Quote VGM Scores At this time, DDS has a nice Growth Score of B, however its Momentum is doing a bit better with an A.
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53652198-5051-4bb3-b03b-6d288c6028dc
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719726.0
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2018-03-23 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Macy's, Dillard???s, Weight Watchers, Sony and Panasonic
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DDS
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-macys-dillards-weight-watchers-sony-and-panasonic-2018
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nan
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nan
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For Immediate Release
Chicago, IL - March 23, 2018 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Macy'sM , Dillard'sDDS , Weight WatchersWTW , SonySNE and PanasonicPCRFY .
Here are highlights from Thursday's Analyst Blog:
Buy These 3 Consumer Stocks Amid Chinese Trade War Concerns
Stocks experienced substantial declines on Thursday, spurred by concerns surrounding possible tariff-related retaliation from China against U.S. giants such as Boeing, while Facebook sunk further on data breach woes.
Speculation about a possible trade war between the U.S. and China might have turned into a legitimate concern after President Donald Trump announced a new set of tariffs on up to $50 billion of Chinese imports on Thursday.
With that said, some industries don't seem like they will be negatively impacted by Trump's Chinese sanctions. One particular sector that seems like it could avoid retaliation is U.S. consumer discretionary spending.
So now let's take a look at three companies that are currently Zacks Rank #1 (Strong Buy) stocks that look poised to fly under the radar of any possible counter-tariff measures China might deploy.
1. Macy's
This retailer is coming off a strong fourth quarter that saw investor faith renewed. Looking ahead, Macy's is projected to expand its earnings by 50% in the first quarter to reach $0.36 per share, based on our current Zacks Consensus Estimates.The retailer's Q1 earnings estimates have also been trending upward in a big way recently, with our consensus mark jumping from $0.23 to $0.36 within the last seven days.
Macy's also looks like a strong value play at the moment. The company is trading with a P/E of 7.9, which is far below the "Retail - Regional Department Stores" industry's average P/E of 13. Macy's is also trading at a substantial discount compared to where it was at earlier this month, as well as competitor Dillard's P/E of 13.9.
Investors should be happy to get similar exposure to the retail sector at a much more attractive earnings multiple-for a bellwether firm, nonetheless.The retailer is also far less exposed to a possible trade war, as China is reportedly much more likely to go after Trump's manufacturing base than attack an upscale retailer.
2. Weight Watchers
Weight Watchers recently announced a new line of retail kitchenware and meal-prep kit offerings as part of a larger goal to expand beyond its membership-based weight-loss program. Coupled with Oprah Winfrey's presence, the company seems ready to soar to new heights.
Looking ahead to the first quarter of 2018, Weight Watchers' sales are projected to climb 14% to hit $375.05 million. For the full year, revenues are expected to reach $1.55 billion, which would mark a nearly 19% climb. At the same time, WTW's earnings are projected to surge over 29% to hit $2.13 per share this year.
And it is hard to imagine exactly how much heat, if any, Weight Watchers would feel during a possible Chinese trade war.
3. Sony
This Japanese entertainment and electronics powerhouse is highly diversified, from its movie studio and consumer electronics staples to its recent foray into virtual reality. Maybe more importantly, Japan is a major U.S. ally that could be effectively propped up amid a trade war with China.
Sony is expected to see its current full-year revenues surge 11.5% to reach $78.12 billion, and the company's bottom-line expansion projection is even more impressive for a company its size. Sony's earnings are expected to skyrocket 656.9% to hit $3.86 per share. Sony also currently offers a great deal of value for a company that is poised to grow at such a substantial clip.
Sony is currently trading at 12.6x forward earnings, which marks a major discount compared to it industry's average P/E of 19.9, as well as peers such as Panasonic.
Zacks Editor-in-Chief Goes "All In" on This Stock
Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.
Download it 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 http://www.zacks.com/performance f or information about the performance numbers displayed in this press release.
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Sony Corporation (SNE): Free Stock Analysis Report
Panasonic Corp. (PCRFY): Free Stock Analysis Report
Macy's, Inc. (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Weight Watchers International Inc (WTW): 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.
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 recently featured in the blog include Macy'sM , Dillard'sDDS , Weight WatchersWTW , SonySNE and PanasonicPCRFY . Click to get this free report Sony Corporation (SNE): Free Stock Analysis Report Panasonic Corp. (PCRFY): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Weight Watchers International Inc (WTW): Free Stock Analysis Report To read this article on Zacks.com click here. Speculation about a possible trade war between the U.S. and China might have turned into a legitimate concern after President Donald Trump announced a new set of tariffs on up to $50 billion of Chinese imports on Thursday.
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Click to get this free report Sony Corporation (SNE): Free Stock Analysis Report Panasonic Corp. (PCRFY): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Weight Watchers International Inc (WTW): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Macy'sM , Dillard'sDDS , Weight WatchersWTW , SonySNE and PanasonicPCRFY . Here are highlights from Thursday's Analyst Blog: Buy These 3 Consumer Stocks Amid Chinese Trade War Concerns Stocks experienced substantial declines on Thursday, spurred by concerns surrounding possible tariff-related retaliation from China against U.S. giants such as Boeing, while Facebook sunk further on data breach woes.
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Click to get this free report Sony Corporation (SNE): Free Stock Analysis Report Panasonic Corp. (PCRFY): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Weight Watchers International Inc (WTW): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Macy'sM , Dillard'sDDS , Weight WatchersWTW , SonySNE and PanasonicPCRFY . Here are highlights from Thursday's Analyst Blog: Buy These 3 Consumer Stocks Amid Chinese Trade War Concerns Stocks experienced substantial declines on Thursday, spurred by concerns surrounding possible tariff-related retaliation from China against U.S. giants such as Boeing, while Facebook sunk further on data breach woes.
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Stocks recently featured in the blog include Macy'sM , Dillard'sDDS , Weight WatchersWTW , SonySNE and PanasonicPCRFY . Click to get this free report Sony Corporation (SNE): Free Stock Analysis Report Panasonic Corp. (PCRFY): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Weight Watchers International Inc (WTW): Free Stock Analysis Report To read this article on Zacks.com click here. Looking ahead, Macy's is projected to expand its earnings by 50% in the first quarter to reach $0.36 per share, based on our current Zacks Consensus Estimates.The retailer's Q1 earnings estimates have also been trending upward in a big way recently, with our consensus mark jumping from $0.23 to $0.36 within the last seven days.
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311d58fe-1226-47eb-9cf3-722f02bf35ca
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719727.0
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2018-03-20 00:00:00 UTC
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Macy's (M) Sharpens Edge, to Roll Out Mobile Checkout Option
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DDS
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https://www.nasdaq.com/articles/macys-m-sharpens-edge-to-roll-out-mobile-checkout-option-2018-03-20
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nan
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nan
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Macy's, Inc.M has been taking several strategic initiatives to adapt to the ongoing changes in the industry. In this regard, the company plans to roll out Mobile Checkout option in all its full-line stores by the end of 2018.
The company has added a new feature to its mobile app called Mobile Checkout, which allows customers to scan bar codes of items and pay via smartphones. After the completion of the transaction customers will have to head toward Mobile Checkout counters, wherein an associate will check the purchased items and remove the security tags. Through shoppers loyalty accounts, appropriate rewards points as well as discounts will be applicable.
Additionally, Macy's is in the process of launching an advanced reality shopping experience to sell furniture. Through this platform customers are likely to virtually place the furniture in their room to see how it fits before the purchase. Macy's CEO Jeff Gennette stated that "Like a lot of brands, we've experimented with VR in a number of areas and we're excited to have found a practical application that has proven to drive sales."
Other Strategic Initiatives
We believe Macy's sustained focus on price optimization, inventory management, merchandise planning and private label offering are the primary catalysts, facilitating in meeting customer-oriented demand and improving in-store shopping experience. In fact, in an attempt to increase sales, profitability and cash flows, the company has been taking steps such as integration of operations as well as developing e-commerce business and online order fulfillment centers.
Moreover, this Zacks Rank #1 (Strong Buy) company had introduced various innovative services including Apple Pay, Same Day Delivery, Enhanced Shopping Apps, Innovation in Stores Selling Technology, Macy's Image Search and Macy's Wallet/Bloomingdale's Wallet. The company's "Buy Online Pickup in Store" initiative is also gaining traction. Consequently, the stock has surged 36.9% in the past six months, slightly outperforming the industry 's growth of 35.3%.
Other Stocks to Consider
Dillard's, Inc. DDS delivered a positive earnings surprise in the trailing two quarters. The company sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Kohl's Corporation KSS pulled off an average positive earnings surprise of 12% in the trailing four quarters. The company has a long-term earnings growth rate of 6.7% and a Zacks Rank #2 (Buy).
Nordstrom, Inc. JWN has delivered a positive earnings surprise in the trailing three out of four quarters. The company carries a Zacks Rank of 2.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them 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
Nordstrom, Inc. (JWN): Free Stock Analysis Report
Macy's, Inc. (M): Free Stock Analysis Report
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.
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 Dillard's, Inc. DDS delivered a positive earnings surprise in the trailing two quarters. Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. Macy's CEO Jeff Gennette stated that "Like a lot of brands, we've experimented with VR in a number of areas and we're excited to have found a practical application that has proven to drive sales."
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Other Stocks to Consider Dillard's, Inc. DDS delivered a positive earnings surprise in the trailing two quarters. Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. Moreover, this Zacks Rank #1 (Strong Buy) company had introduced various innovative services including Apple Pay, Same Day Delivery, Enhanced Shopping Apps, Innovation in Stores Selling Technology, Macy's Image Search and Macy's Wallet/Bloomingdale's Wallet.
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Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. Other Stocks to Consider Dillard's, Inc. DDS delivered a positive earnings surprise in the trailing two quarters. Moreover, this Zacks Rank #1 (Strong Buy) company had introduced various innovative services including Apple Pay, Same Day Delivery, Enhanced Shopping Apps, Innovation in Stores Selling Technology, Macy's Image Search and Macy's Wallet/Bloomingdale's Wallet.
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Other Stocks to Consider Dillard's, Inc. DDS delivered a positive earnings surprise in the trailing two quarters. Click to get this free report Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's, Inc. (M): Free Stock Analysis Report 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. After the completion of the transaction customers will have to head toward Mobile Checkout counters, wherein an associate will check the purchased items and remove the security tags.
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eaf9eff4-813a-4eee-a019-2ac28ad8279a
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719728.0
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2018-03-16 00:00:00 UTC
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Zacks.com highlights: Andersons, Boise Cascade, Bristow Group, AMC Entertainment Holdings and Dillard's
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DDS
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https://www.nasdaq.com/articles/zacks.com-highlights%3A-andersons-boise-cascade-bristow-group-amc-entertainment-holdings-and
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nan
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nan
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For Immediate Release
Chicago, IL - March 16, 2018 - Stocks in this week's article include: The Andersons, Inc. ANDE , Boise Cascade Company BCC , Bristow Group BRS , AMC Entertainment Holdings, Inc. AMC and Dillard's, Inc. DDS .
Screen of the Week of Zacks Investment Research:
5 Stocks Basking in the Glory of Broker Rating Upgrades
The sole aim of investors, while designing their portfolio, is to generate handsome returns. However, with a huge number of stocks flooding the market at a particular point of time, the task is anything but simple, more so in the face of time constraints.
In fact, the stock market is not an easy place and one needs thorough knowledge to rake in profits. This is where some guidance comes in handy. To get proper guidance, investors often fall back on expert advice while arriving at their investment decision (buy, sell or hold). The experts in the field of investing are brokers. This is because brokers have at their disposal a lot more information on a company and its prospects than individual investors.
Brokers, irrespective of their types (sell-side, buy-side or independent), undertake thorough research of the stocks covered by them. They go through minute details of the publicly available financial documents apart from attending company conference calls and other presentations. Therefore, the opinion of brokers can act as a valuable guide for investors.
Earnings Estimate Revisions
Since brokers indulge in thorough research, the question of their actions being arbitrary does not arise. Estimate revisions also serve as an important pointer regarding the price of a stock. In fact, an increase in estimates normally leads to stock price appreciation and vice versa.
One of the well-accepted investment strategies is to maintain a diversified portfolio to generate handsome returns irrespective of the market conditions. For instance, in the face of extremely low oil prices , analysts adopt a bullish stance on airline stocks and consequently raise estimates. Naturally, adding such stocks to one's portfolio in such a scenario might prove to be a winning strategy.
Similarly, analysts might turn bearish and trim estimates, thereby downgrading a stock, following adverse events like lackluster earnings or pipeline failure (for a biotech player). Naturally, investors would look to get rid of such stocks from their portfolio on the basis of broker advice.
Designing a Winning Portfolio
To take care of the performance with respect to the bottom line, we have designed a screen based on improving analyst recommendation and upward estimate revisions over the last four weeks.
While we have talked about the bottom line in detail, the top line (revenue portion) cannot be ignored. The price/sales ratio has been clubbed with the above criteria as it is a strong complementary valuation metric in the presence of analyst information. The price/sales ratio takes care of the company's top line, making the strategy foolproof.
And that's what we're screening for today…
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/295758/5-stocks-basking-in-the-glory-of-broker-rating-upgrades
Get the remaining stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.
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.
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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Contact: Jim Giaquinto
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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.
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
Bristow Group Inc (BRS): Free Stock Analysis Report
Boise Cascade, L.L.C. (BCC): Free Stock Analysis Report
AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Andersons, Inc. (ANDE): 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.
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 - March 16, 2018 - Stocks in this week's article include: The Andersons, Inc. ANDE , Boise Cascade Company BCC , Bristow Group BRS , AMC Entertainment Holdings, Inc. AMC and Dillard's, Inc. DDS . (BCC): Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. Screen of the Week of Zacks Investment Research: 5 Stocks Basking in the Glory of Broker Rating Upgrades The sole aim of investors, while designing their portfolio, is to generate handsome returns.
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For Immediate Release Chicago, IL - March 16, 2018 - Stocks in this week's article include: The Andersons, Inc. ANDE , Boise Cascade Company BCC , Bristow Group BRS , AMC Entertainment Holdings, Inc. AMC and Dillard's, Inc. DDS . (BCC): Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. Click to get this free report Bristow Group Inc (BRS): Free Stock Analysis Report Boise Cascade, L.L.C.
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(BCC): Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - March 16, 2018 - Stocks in this week's article include: The Andersons, Inc. ANDE , Boise Cascade Company BCC , Bristow Group BRS , AMC Entertainment Holdings, Inc. AMC and Dillard's, Inc. DDS . Screen of the Week of Zacks Investment Research: 5 Stocks Basking in the Glory of Broker Rating Upgrades The sole aim of investors, while designing their portfolio, is to generate handsome returns.
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For Immediate Release Chicago, IL - March 16, 2018 - Stocks in this week's article include: The Andersons, Inc. ANDE , Boise Cascade Company BCC , Bristow Group BRS , AMC Entertainment Holdings, Inc. AMC and Dillard's, Inc. DDS . (BCC): Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. Screen of the Week of Zacks Investment Research: 5 Stocks Basking in the Glory of Broker Rating Upgrades The sole aim of investors, while designing their portfolio, is to generate handsome returns.
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6eb52a45-c5da-43cf-9bfb-9cc16c373458
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719729.0
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2018-03-15 00:00:00 UTC
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5 Stocks Basking in the Glory of Broker Rating Upgrades
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DDS
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https://www.nasdaq.com/articles/5-stocks-basking-in-the-glory-of-broker-rating-upgrades-2018-03-15
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nan
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nan
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The sole aim of investors, while designing their portfolio, is to generate handsome returns. However, with a huge number of stocks flooding the market at a particular point of time, the task is anything but simple, more so in the face of time constraints.
In fact, the stock market is not an easy place and one needs thorough knowledge to rake in profits. This is where some guidance comes in handy. To get proper guidance, investors often fall back on expert advice while arriving at their investment decision (buy, sell or hold). The experts in the field of investing are brokers. This is because brokers have at their disposal a lot more information on a company and its prospects than individual investors.
Brokers, irrespective of their types (sell-side, buy-side or independent), undertake thorough research of the stocks covered by them. They go through minute details of the publicly available financial documents apart from attending company conference calls and other presentations. Therefore, the opinion of brokers can act as a valuable guide for investors.
Earnings Estimate Revisions
Since brokers indulge in thorough research, the question of their actions being arbitrary does not arise. Estimate revisions also serve as an important pointer regarding the price of a stock. In fact, an increase in estimates normally leads to stock price appreciation and vice versa.
One of the well-accepted investment strategies is to maintain a diversified portfolio to generate handsome returns irrespective of the market conditions. For instance, in the face of extremely low oil prices , analysts adopt a bullish stance on airline stocks and consequently raise estimates. Naturally, adding such stocks to one's portfolio in such a scenario might prove to be a winning strategy.
Similarly, analysts might turn bearish and trim estimates, thereby downgrading a stock, following adverse events like lackluster earnings or pipeline failure (for a biotech player). Naturally, investors would look to get rid of such stocks from their portfolio on the basis of broker advice.
Designing a Winning Portfolio
To take care of the performance with respect to the bottom line, we have designed a screen based on improving analyst recommendation and upward estimate revisions over the last four weeks.
While we have talked about the bottom line in detail, the top line (revenue portion) cannot be ignored. The price/sales ratio has been clubbed with the above criteria as it is a strong complementary valuation metric in the presence of analyst information. The price/sales ratio takes care of the company's top line, making the strategy foolproof.
Screening Criteria
# (Up- Down Rating)/ Total (4 weeks) =Top #75: This gives the list of the top 75 companies that have witnessed net upgrades over the last four weeks.
% change in Q (1) est. (4 weeks) = Top #10: This gives the top 10 stocks that have witnessed earnings estimate revisions over the past four weeks for the upcoming quarter.
To ensure that the strategy is a winning one, covering all bases, we have added the following screening parameters:
Price-to-Sales = Bot%10: The lower the ratio the better, companies meeting this criteria are in the bottom 10% of our universe of over 7,700 stocks with respect to this ratio.
Price greater than 5: A stock trading below $5 will not likely create significant interest for most investors.
Average Daily Volume greater than 100,000 shares over the last 20 trading days: Volume has to be significant to ensure that these are easily traded.
Market value ($ mil) = Top #3000: This gives us stocks that are the top 3000 if one judges by market capitalization.
Com/ADR/Canadian= Com: This takes out the ADR and Canadian stocks.
Here are five of the 10 stocks that made it through the screen:
The Andersons, Inc.ANDE : This Maumee, OH, based company is a diversified company operating six different business segments, ranging from buying, selling and storing grain to leasing railcars and running retail stores catering to the latest home hardware needs. This Zacks Rank #1 (Strong Buy) stock has witnessed the Zacks Consensus Estimate for current-year earnings being revised 9.8% upward over the last 30 days. You can see the complete list of today's Zacks #1 Rank stocks here.
Headquartered in Boise, ID, Boise Cascade CompanyBCC is the leading constructer of engineered wood products. This Zacks Rank #1 stock has seen the Zacks Consensus Estimate for current quarter and current year earnings being revised 33.3% and 17.6% upward, respectively, over the last 30 days.
Bristow GroupBRS is a leading provider of helicopter services for major transportation operations in the United States, Gulf of Mexico and the North Sea and other major offshore oil and gas producing regions of the world, including Alaska, Australia, Brazil, Mexico, Nigeria, Russia and Trinidad. The company, based in Houston, TX, has delivered an impressive earnings surprise of 27.8% in the most recent quarter. It has seen its stock price rally in excess of 30% over the last six months. The stock carries a Zacks Rank #3.
Leawood, KS-based AMC Entertainment Holdings, Inc.AMC is engaged in the theatrical exhibition business. The projected earnings growth rate (3-5 years) for AMC Entertainment Holdings is an impressive 10%. The stock carries a Zacks Rank #3.
Dillard's, Inc.DDS operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. This Zacks Rank #1 stock has seen the Zacks Consensus Estimate for current quarter earnings being revised 21.3% upward over the last 30 days.
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.
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Bristow Group Inc (BRS): Free Stock Analysis Report
Boise Cascade, L.L.C. (BCC): Free Stock Analysis Report
AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Andersons, Inc. (ANDE): 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.
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 operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. (BCC): Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. To get proper guidance, investors often fall back on expert advice while arriving at their investment decision (buy, sell or hold).
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(BCC): Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. Designing a Winning Portfolio To take care of the performance with respect to the bottom line, we have designed a screen based on improving analyst recommendation and upward estimate revisions over the last four weeks.
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(BCC): Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. This Zacks Rank #1 stock has seen the Zacks Consensus Estimate for current quarter and current year earnings being revised 33.3% and 17.6% upward, respectively, over the last 30 days.
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Dillard's, Inc.DDS operates as a fashion apparel, cosmetics and home furnishing retailer in the United States. (BCC): Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. Estimate revisions also serve as an important pointer regarding the price of a stock.
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957adea9-79e9-4b73-b38b-f1420347f6d3
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719730.0
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2018-03-15 00:00:00 UTC
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Why Boring Old Dillard's Is an Exciting Stock
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DDS
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https://www.nasdaq.com/articles/why-boring-old-dillards-exciting-stock-2018-03-15
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nan
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nan
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In the age of e-commerce, many department stores have been left for dead by investors. The department store model is under severe pressure from online shopping and lower mall traffic, and this has caused most department store names to greatly lag the market over the past few years.
Recently, however, a series of positive earnings reports, combined with a positive retail sales report, sent certain names skyrocketing; most notably, Dillard's (NYSE: DDS) , which rose more than other strong names in the space.
DDS 5 Day Returns (Daily) data by YCharts
While Dillard's earnings report on Feb. 27 was among the strongest of the group, there are also other reasons the stock has soared, mostly having to do with its ownership structure. Here are the ins and outs of the quarter, and the additional reason behind Dillard's big gains.
Fourth-quarter blowout
Indeed, Dillard's delivered a really strong quarter, at least by department store standards: Revenue increased 6.6% year-over year to $2.11 billion (beating estimates by $80 million) and earnings per share (adjusted for the effect of tax reform) came in at a whopping $2.82, well above consensus estimates of $1.77. The results were bolstered by especially strong sales in apparel across men's, women's, and junior categories. Comparable-store sales came in at roughly 3.3%, the first positive comp Dillard's posted since the second quarter of 2015.
And while many thought massive discounting would weigh on margins, Dillard's actually reported a surprising 48-point gross margin improvement in retail operations over the prior year's fourth quarter. That was a big change from the previous three quarters. In fact, for the full year, the company reported a gross margin decline of 65 basis points due to aggressive discounting earlier in the year.
On the heels of the positive fourth-quarter report, investor sentiment was further bolstered by a positive retail sales Census report, which showed department stores actually growing January sales 0.8% from the month of December, far better than the overall retail industry's monthly decline of (0.3%).
These numbers were good, but they don't explain the entirety of the huge 24% move in Dillard's stock from the day before the earnings report to March 2. Here's what added fuel to the fire.
Dillard's does it differently
The extra element that catapulted Dillard's rise is its concentrated ownership structure, combined with a very high short interest. The company is closely held by the namesake Dillard family, and the largest shareholder is actually the the company's own employee 401(k) plan.
According to last year's proxy statement, the company's 401(k) plan owns 7.9 million shares, while the company's executives and directors combined owned roughly 8.3 million shares, divided roughly between Class A shares and Class B shares, the latter of which are owned by the Dillard family and hold most of the voting power. That inside ownership makes up roughly 58% of the total shares.
Out of the remaining 12 million shares of public "float," roughly 7.3 million shares are held by short-sellers, who make money if a stock falls and were likely betting on further same-store sales declines and an overall deterioration of the department store business. But when short-sellers crowd into a trade that goes against them, it can lead to a painful run for the exits as they must then buy shares, or "cover," at higher and higher prices. If there aren't enough shares to buy back, that can lead to a huge spike in the price.
It also doesn't help the shorts' case that management has been plowing virtually all of its free cash flow into share repurchases . In fact, over the past year, Dillard's repurchased 4.1 million shares for around $219 million (working out to about $54 per share, well below the current price of $88). That equates to a very significant 12% of shares outstanding. The combination of huge share repurchases and a low float means that short-sellers are increasingly under more and more pressure.
The stock benefits
Clearly, Dillard's isn't a typical company. For instance, it doesn't do earnings calls and does very little to promote its stock. Maybe that's intentional, as the company seems to be dead-set on buying up as many cheap shares as possible in a race to squeeze the shorts.
Of course, now that the company has returned to positive momentum, it would make repurchases less accretive -- not that the Dillard family would complain, I'm sure!
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Billy Duberstein has no position in any of the stocks mentioned. His clients may own shares of some of the companies 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.
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 5 Day Returns (Daily) data by YCharts While Dillard's earnings report on Feb. 27 was among the strongest of the group, there are also other reasons the stock has soared, mostly having to do with its ownership structure. Recently, however, a series of positive earnings reports, combined with a positive retail sales report, sent certain names skyrocketing; most notably, Dillard's (NYSE: DDS) , which rose more than other strong names in the space. These numbers were good, but they don't explain the entirety of the huge 24% move in Dillard's stock from the day before the earnings report to March 2.
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Recently, however, a series of positive earnings reports, combined with a positive retail sales report, sent certain names skyrocketing; most notably, Dillard's (NYSE: DDS) , which rose more than other strong names in the space. DDS 5 Day Returns (Daily) data by YCharts While Dillard's earnings report on Feb. 27 was among the strongest of the group, there are also other reasons the stock has soared, mostly having to do with its ownership structure. On the heels of the positive fourth-quarter report, investor sentiment was further bolstered by a positive retail sales Census report, which showed department stores actually growing January sales 0.8% from the month of December, far better than the overall retail industry's monthly decline of (0.3%).
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Recently, however, a series of positive earnings reports, combined with a positive retail sales report, sent certain names skyrocketing; most notably, Dillard's (NYSE: DDS) , which rose more than other strong names in the space. DDS 5 Day Returns (Daily) data by YCharts While Dillard's earnings report on Feb. 27 was among the strongest of the group, there are also other reasons the stock has soared, mostly having to do with its ownership structure. According to last year's proxy statement, the company's 401(k) plan owns 7.9 million shares, while the company's executives and directors combined owned roughly 8.3 million shares, divided roughly between Class A shares and Class B shares, the latter of which are owned by the Dillard family and hold most of the voting power.
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DDS 5 Day Returns (Daily) data by YCharts While Dillard's earnings report on Feb. 27 was among the strongest of the group, there are also other reasons the stock has soared, mostly having to do with its ownership structure. Recently, however, a series of positive earnings reports, combined with a positive retail sales report, sent certain names skyrocketing; most notably, Dillard's (NYSE: DDS) , which rose more than other strong names in the space. On the heels of the positive fourth-quarter report, investor sentiment was further bolstered by a positive retail sales Census report, which showed department stores actually growing January sales 0.8% from the month of December, far better than the overall retail industry's monthly decline of (0.3%).
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0026f110-60b7-401c-b60c-47fdba2d5ced
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719731.0
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2018-03-15 00:00:00 UTC
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Williams-Sonoma (WSM) Rallies on Q4 Earnings & Revenue Beat
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DDS
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https://www.nasdaq.com/articles/williams-sonoma-wsm-rallies-on-q4-earnings-revenue-beat-2018-03-15
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nan
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nan
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Shares of Williams-Sonoma Inc.WSM rallied more than 5% in after-hours trading on Mar 14, after the company reported better-than-expected results in the fourth quarter of fiscal 2017.
Adjusted earnings of $1.68 per share surpassed the Zacks Consensus Estimate of $1.63. The figure also increased 8.4% from the year-ago level.
Revenue Discussion
Net revenues of $1,680 million came ahead of the consensus mark of $1,649 million and increased 6.2% year over year.
Comparable brand revenues increased 5.4% in the quarter, better than 3.3% increase in the preceding quarter and 0.9% decline in the year-ago quarter. The reported figure marks the highest fourth-quarter comps the company has registered in several years, driven by broad-based strength across all its brands. All brands of Williams-Sonoma have returned to positive growth this quarter.
The company's namesake brand's comparable brand revenues were up 4.3%, better than 1.4% growth in the prior-year quarter. West Elm's comparable brand revenues increased 12.3% compared with a 6.5% rise in the prior-year quarter.
Pottery Barn's comparable brand revenues were up 4.1% against a 4.1% decline in the prior-year quarter. Pottery Barn Kids' comparable brand revenues increased 0.9% against 4.9% decline in the year-ago quarter. PBteen's comparable brand revenues registered 2.6% growth against 8.1% plunge in the year-ago quarter.
Williams-Sonoma, Inc. Price, Consensus and EPS Surprise
Williams-Sonoma, Inc. Price, Consensus and EPS Surprise | Williams-Sonoma, Inc. Quote
Segment Details
e-commerce (accounting for 52.5% of fiscal 2017 revenues): The segment reported net revenues of $877 million in the quarter, up 8.4% year over year.
Retail (47.5%): The segment reported net revenues of $802 million in the reported quarter, up 3.9% from the prior-year quarter.
Operating Highlights
Non-GAAP operating margin was 12.4% in the quarter, down 120 basis points (bps) from the year-ago quarter. Gross margin was 38.5%, down 80 bps from the year-ago figure.
Adjusted selling, general and administrative (SG&A) expenses were 26.1% of net revenues or $438 million in the quarter, reflecting an increase of 40 bps year over year due to higher digital advertising spending and employment-related costs.
Merchandise inventories at the end of the quarter increased 8.6% to $1.06 billion from the prior-year quarter.
Fiscal 2017 Highlights
Full-year adjusted earnings came in at $3.61, up 5.2% year over year. Net revenues were $5.3 billion, an increase of 4.1% from fiscal 2016 level. Comparable brand revenues grew 3.2%, marking a major improvement from 0.7% growth in fiscal 2016. West Elm registered the highest growth in Comparable brand revenues (up 10.2%), followed by Williams Sonoma (3.2%), and Pottery Barn (1%). However, Pottery Barn Kids and PBteen registered a decline of 1.8% and 1.4%, respectively, in comparable brand revenues.
Financials
Williams-Sonoma had cash and cash equivalents of $390.1 million as of Jan 28, 2018, compared with $213.7 million as of Jan 29, 2017.
During fiscal 2017, the company repurchased 4.1 million shares of common stock at an average cost of $48.43 per share and a total cost of approximately $196 million. Williams-Sonoma has approximately $214 million remaining under its present stock repurchase authorization, as of Jan 28, 2018.
10% Dividend Hike
Separately, the company's board of directors authorized a 10% increase in its quarterly cash dividend to 43 cents per share. The company also raised its share buyback authorization to $500 million.
Fiscal First-Quarter Guidance
Williams-Sonoma expects non-GAAP earnings per share for the first quarter in the band of 55-60 cents.
The company expects net revenues in the band of $1,135-$1,170 million. Comparable brand revenues are likely to grow 2-5%.
Fiscal 2018 Guidance
The company expects revenues in the $5,475-$5,635 million range. Comparable brand revenues are likely to grow in the 2-5% range.
Williams-Sonoma expects non-GAAP earnings in the range of $4.12-$4.22 per share.
Non-GAAP operating margin is anticipated in the 8.2-9% range and tax rate between 24% and 26%.
Capital expenditures are projected in the $200-$220 million range for the year.
Zacks Rank & Stocks to Consider
Williams-Sonoma carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the Retail-Wholesale sector are Dillard's, Inc. DDS , Macy's, Inc. M and Kohl's Corporation KSS .
Earnings for Dillard's, a Zacks Rank #1 (Strong Buy) company, are expected to increase 21.3% this year. You can see the complete list of today's Zacks #1 Rank stocks here .
Macy's has a solid ROE of 24.9%, higher the industry average of 11.2%. The company also sports a Zacks Rank #1.
Earnings for Kohl's, a Zacks Rank #2 (Buy) stock, are expected to increase 24.1% this year.
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Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report
Macy's Inc (M): Free Stock Analysis Report
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.
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.
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 few better-ranked stocks in the Retail-Wholesale sector are Dillard's, Inc. DDS , Macy's, Inc. M and Kohl's Corporation KSS . Click to get this free report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report 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. Shares of Williams-Sonoma Inc.WSM rallied more than 5% in after-hours trading on Mar 14, after the company reported better-than-expected results in the fourth quarter of fiscal 2017.
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Click to get this free report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report 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. A few better-ranked stocks in the Retail-Wholesale sector are Dillard's, Inc. DDS , Macy's, Inc. M and Kohl's Corporation KSS . Pottery Barn Kids' comparable brand revenues increased 0.9% against 4.9% decline in the year-ago quarter.
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Click to get this free report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report 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. A few better-ranked stocks in the Retail-Wholesale sector are Dillard's, Inc. DDS , Macy's, Inc. M and Kohl's Corporation KSS . Comparable brand revenues increased 5.4% in the quarter, better than 3.3% increase in the preceding quarter and 0.9% decline in the year-ago quarter.
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A few better-ranked stocks in the Retail-Wholesale sector are Dillard's, Inc. DDS , Macy's, Inc. M and Kohl's Corporation KSS . Click to get this free report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report 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. Revenue Discussion Net revenues of $1,680 million came ahead of the consensus mark of $1,649 million and increased 6.2% year over year.
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63597dc2-24c3-4a50-8ab0-31bc8caf98d4
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719732.0
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2018-03-12 00:00:00 UTC
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Dillard's (DDS): Strong Industry, Solid Earnings Estimate Revisions
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DDS
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https://www.nasdaq.com/articles/dillards-dds%3A-strong-industry-solid-earnings-estimate-revisions-2018-03-12
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nan
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nan
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One stock that might be an intriguing choice for investors right now is Dillard's, Inc.DDS . This is because this security in the Retail - Regional Department Stores space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Retail - Regional Department Stores space as it currently has a Zacks Industry Rank of 2 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Dillard's is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm's prospects in both the short and long term.
Dillard's, Inc. Price and Consensus
Dillard's, Inc. Price and Consensus | Dillard's, Inc. Quote
In fact, over the past month, current quarter estimates have risen from $2.02 per share to $2.73 per share, while current year estimates have risen from $3.48 per share to $5.82 per share. This has helped DDS to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. You can see the complete list of today's Zacks #1 Rank stocks here .
So, if you are looking for a decent pick in a strong industry, consider Dillard's. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
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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.
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 has helped DDS to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. One stock that might be an intriguing choice for investors right now is Dillard's, Inc.DDS . Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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One stock that might be an intriguing choice for investors right now is Dillard's, Inc.DDS . This has helped DDS to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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One stock that might be an intriguing choice for investors right now is Dillard's, Inc.DDS . This has helped DDS to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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One stock that might be an intriguing choice for investors right now is Dillard's, Inc.DDS . This has helped DDS to earn a Zacks Rank #1 (Strong Buy), further underscoring the company's solid position. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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12800fb2-a94a-48d4-8a5a-c7519032bfa5
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719733.0
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2018-03-08 00:00:00 UTC
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Bull of the Day: Kohl's (KSS)
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DDS
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https://www.nasdaq.com/articles/bull-day-kohls-kss-2018-03-08
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nan
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nan
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An American department store giant, Kohl's Corp. (KSS) was founded in 1962, and offers customers exclusive brand apparel, shoes, accessories, and home and beauty products. Brands include Simply Vera Vera Wang, Sonoma, APT 9, Croft & Barrow, Jennifer Lopez, Food Network, as well as national names like Levi's, Dockers, and Columbia.
Recently, Kohl's has begun working with other industry giants. Its partnership with Amazon (AMZN), where it started selling the company's smart home products and accepting the online retailer's returns, ramped up earlier this year.
And, customers will soon be able to buy Aldi groceries at Kohl's , as the retailer announced that it will be renting out some of its extra store space to a whole list of new partners.
Strong Holiday Quarter
Recently, the Zacks Rank #1 (Strong Buy) stock reported better-than-expected results for its fourth quarter.
Adjusted earnings of $1.87 flew past the Zacks Consensus Estimate of $1.77 and jumped nearly 30% from the prior-year quarter.
Thanks to solid sales and improved gross margin, revenues came in at $6.77 billion and grew 9.2% year-over-year. Gross margin expanded 43 basis points to 33.8%.
Comparable store sales rose 6.3% compared to a 2.2% decline reported in the year-ago quarter.
Back in the first quarter of 2014, Kohl's implemented a strategic initiative called "Greatness Agenda" that was designed to drive transactions per store and sales. It seems to finally be yielding results, especially after this strong holiday quarter.
2018 Guidance
Based on a great fiscal 2017, Kohl's management team expects comps growth in the range of flat to a rise of 2%, while revenue growth is anticipated in a band of negative 1% to positive 1% for 2018.
Gross margin is estimated to rise 10bps from last year, and earnings should fall in the range of $4.95 to $5.45 per share.
Estimates on the Rise
For Kohl's, its bottom line is trending upward for the foreseeable future.
Earnings are expected to grow over 28% for the current quarter. Two analysts have revised their estimates upwards in the last 30 days, though just as many have also cut their estimate for the same time period.
Fiscal 2018 figures are also looking pretty promising, with nine estimates moving higher in the past month. The Zacks consensus estimate trend has jumped from $4.64 per share to $5.20 per share.
Earnings estimates for 2019 are on the rise as well, jumping from $3.58 per share to $5.53 per share in the last 60 days.
Can KSS Push Higher?
Shares of Kohl's have gained about 20% since the start of the year, and almost 70% in the past one-year period. In comparison, the S&P 500 has returned roughly 2% and 14.9%, respectively.
Kohl's Corporation Price and Consensus
Kohl's Corporation Price and Consensus | Kohl's Corporation Quote
Even with this surge, KSS is a fairly cheap stock, and is currently trading with a forward P/E of 12.85. Additionally, Kohl's has traded below the S&P 500's average price-to-earnings for the last year, and is less expensive when compared to the Retail-Regional Department Stores industry P/E of 13.6 as well.
It's not just KSS right now either. Retail-Regional Department Stores is an overall strong industry at the moment-departments stores have made a serious comeback lately, with Macy's (M) and Dillard's (DDS) impressing analysts with better-than-expected holiday results as well-and sits in the top 1% of all industries that we cover and has returned almost 24% year-to-date. But even among this impressive landscape, Kohl's is a standout. Thanks to its strong growth and value metrics, KSS looks to be an intriguing opportunity for investors.
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Macy's Inc (M): Free Stock Analysis Report
Kohl's Corporation (KSS): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Amazon.com, Inc. (AMZN): 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.
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-Regional Department Stores is an overall strong industry at the moment-departments stores have made a serious comeback lately, with Macy's (M) and Dillard's (DDS) impressing analysts with better-than-expected holiday results as well-and sits in the top 1% of all industries that we cover and has returned almost 24% year-to-date. Click to get this free report Macy's Inc (M): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report To read this article on Zacks.com click here. An American department store giant, Kohl's Corp. (KSS) was founded in 1962, and offers customers exclusive brand apparel, shoes, accessories, and home and beauty products.
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Click to get this free report Macy's Inc (M): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report To read this article on Zacks.com click here. Retail-Regional Department Stores is an overall strong industry at the moment-departments stores have made a serious comeback lately, with Macy's (M) and Dillard's (DDS) impressing analysts with better-than-expected holiday results as well-and sits in the top 1% of all industries that we cover and has returned almost 24% year-to-date. Strong Holiday Quarter Recently, the Zacks Rank #1 (Strong Buy) stock reported better-than-expected results for its fourth quarter.
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Click to get this free report Macy's Inc (M): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report To read this article on Zacks.com click here. Retail-Regional Department Stores is an overall strong industry at the moment-departments stores have made a serious comeback lately, with Macy's (M) and Dillard's (DDS) impressing analysts with better-than-expected holiday results as well-and sits in the top 1% of all industries that we cover and has returned almost 24% year-to-date. Strong Holiday Quarter Recently, the Zacks Rank #1 (Strong Buy) stock reported better-than-expected results for its fourth quarter.
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Retail-Regional Department Stores is an overall strong industry at the moment-departments stores have made a serious comeback lately, with Macy's (M) and Dillard's (DDS) impressing analysts with better-than-expected holiday results as well-and sits in the top 1% of all industries that we cover and has returned almost 24% year-to-date. Click to get this free report Macy's Inc (M): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report To read this article on Zacks.com click here. An American department store giant, Kohl's Corp. (KSS) was founded in 1962, and offers customers exclusive brand apparel, shoes, accessories, and home and beauty products.
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22413e79-75e7-4405-99d8-a603315dfacb
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719734.0
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2018-03-07 00:00:00 UTC
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Options Traders Expect Huge Moves in Dillard's (DDS) Stock
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DDS
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https://www.nasdaq.com/articles/options-traders-expect-huge-moves-in-dillards-dds-stock-2018-03-07
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nan
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nan
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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 Mar 9, 2018 $64 Put 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 1% of our Zacks Industry Rank. Over the last 30 days, one analyst has increased the earnings estimate for the current quarter, while none have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.25 per share to $2.73 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?
Each week, our very own Dave Bartosiak gives his top options trades. Check out his recent live analysis and options trade for the NFLX earnings report completely free. See it here: Trading Netflix's (NFLX) Earnings with Options or check out the embedded video below for more details:
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.
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. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. 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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Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. 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. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. 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. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
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792e9c9d-4cf9-425b-9a15-a8d8f883e5ae
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719735.0
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2018-03-05 00:00:00 UTC
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Here's Why Dillard's (DDS) Could be a Great Value Stock
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DDS
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https://www.nasdaq.com/articles/heres-why-dillards-dds-could-be-a-great-value-stock-2018-03-05
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nan
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nan
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Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn't want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let's put Dillard's, Inc. DDS stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:
PE Ratio
A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock's current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole.
On this front, Dillard's has a trailing twelve months PE ratio of 18.4, as you can see in the chart below:
However the stock's PE compares unfavorably with the Zacks Retail - Regional Department Stores industry 's trailing twelve months PE ratio, which stands at 7.8. At the very least, this indicates that the stock is relatively overvalued right now, compared to its peers.
P/S Ratio
Another key metric to note is the Price/Sales ratio. This approach compares a given stock's price to its total sales, where a lower reading is generally considered better. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings.
Right now, Dillard's has a P/S ratio of about 0.4. This is lower than the S&P 500 average, which comes in at 3.3x right now. Also, as we can see in the chart below, this is well below the highs for this stock in particular over the past few years.
Broad Value Outlook
In aggregate, Dillard's currently has a Value Score of A, putting it into the top 20% of all stocks we cover from this look. This makes Dillard's a solid choice for value investors.
What About the Stock Overall?
Though Dillard's might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth Score of A and a Momentum Score of A. This gives DDS a Zacks VGM score - or its overarching fundamental grade - of A. (You can read more about the Zacks Style Scores here >> )
Meanwhile, the company's recent earnings estimates have been pretty encouraging. The current quarter has seen one estimate to go higher in the past sixty days compared to none lower, while the full year estimate has seen three up and no down in the same time period.
This has had a significant impact on the consensus estimate though as the current quarter consensus estimate has risen by 35% in the past two months, while the full year estimate has gone up by 67%. You can see the consensus estimate trend and recent price action for the stock in the chart below:
Dillard's, Inc. Price andConsensus
Dillard's, Inc. Price and Consensus | Dillard's, Inc. Quote
This bullish trend is why the stock has just a Zacks Rank #1 (Strong Buy) and why we are looking for better performance from the company in the near term.
Bottom Line
Dillard's is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. Moreover, a strong industry rank (Top 1% out of more than 250 industries) further strengthens its growth potential. In fact, over the past one year, the industry has clearly outperformed the broader market, as you can see below:
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Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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.
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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Let's put Dillard's, Inc. DDS stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This gives DDS a Zacks VGM score - or its overarching fundamental grade - of A. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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Let's put Dillard's, Inc. DDS stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This gives DDS a Zacks VGM score - or its overarching fundamental grade - of A. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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Let's put Dillard's, Inc. DDS stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This gives DDS a Zacks VGM score - or its overarching fundamental grade - of A. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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Let's put Dillard's, Inc. DDS stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This gives DDS a Zacks VGM score - or its overarching fundamental grade - of A. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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39626b0b-dd15-45dc-ad03-9e97ca97b2c5
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719736.0
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2018-03-05 00:00:00 UTC
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Here's Why J. C. Penney (JCP) Fell Despite Q4 Earnings Beat
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DDS
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https://www.nasdaq.com/articles/heres-why-j.-c.-penney-jcp-fell-despite-q4-earnings-beat-2018-03-05
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nan
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nan
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J. C. Penney Company, Inc.JCP reported mixed results in fourth-quarter fiscal 2017. The company's earnings outpaced the Zacks Consensus Estimate but revenues lagged the same.
Following the results, the stock declined 5.4% on Mar 2. This downturn was primarily due to lower-than-expected top-line and comparable-store sales (comps) performances, soft fiscal 2018 outlook and job cut announcement. The company is reducing its workforce by more than 300, per media sources.
In the past six months, shares of the company have declined 9.5% against the industry 's gain of 42.1%.
Let's Delve Deeper
J. C. Penney posted adjusted earnings per share of 57 cents, beating the Zacks Consensus Estimate of 45 cents. In the prior-year quarter, it had reported adjusted earnings per share of 64 cents. On a GAAP basis, the company's net earnings came in at 41 cents compared with 61 cents in the year-ago quarter.
On the contrary, total net sales of $4,031 million missed the Zacks Consensus Estimate of $4,035 million. However, the metric increased 1.8% year over year after witnessing a decline of 1.8% in the preceding quarter. Moreover, comps rose 2.6% compared with an increase of 2% in the prior-year quarter. Notably, the company's home, Salon, Jewelry, Sephora, footwear and handbags divisions performed well, resulting in a year-over-year increase in revenues and comps.
While gross profit in the quarter increased 3.3% to $1,355 million, gross margin improved 50 basis points (bps) to 33.6%. Nevertheless, adjusted EBITDA declined to $413 million from $449 million in the year-ago quarter, while adjusted EBITDA margin decreased 110 bps to 10.2%.
Per management, it is focusing on transforming the company from a brick and mortar retailer to omnichannel. In 2017, J. C. Penney's online SKUs increased by 50%. It further plans to add 600,000 more SKUs in 2018.
J.C. Penney Company, Inc. Holding Company Price, Consensus and EPS Surprise
J.C. Penney Company, Inc. Holding Company Price, Consensus and EPS Surprise | J.C. Penney Company, Inc. Holding Company Quote
Financial Details
J. C. Penney ended fiscal 2017 with cash and cash equivalents of $458 million compared with $887 million at the end of fiscal 2016. Meanwhile, long-term debt came in at $3,708 million, down from $4,339 million in the year-ago period. Shareholders' equity totaled $1,379 million at the end of quarter. Merchandise inventory levels decreased 3.2% to $2,762 million.
In the reported quarter, this Zacks Rank #3 (Hold) company also generated free cash flow of $530 million compared with $670 million in the prior-year quarter. Further, it incurred capital expenditures of $108 million down from $145 million in the year-earlier quarter.
2018 Outlook
For fiscal 2018, the comps are projected in the range of flat to up 2%. Cost of goods sold is expected to decline marginally compared with the last year figure. However, in the first quarter of fiscal 2018, J. C. Penney is likely to witness 40-60 basis points increase in costs of goods sold. In the second and third quarter, it projects a reduction in cost of goods sold. Adjusted earnings per share are anticipated in the band of 5-25 cents. The Zacks Consensus Estimate for fiscal 2018 is pegged at 17 cents.
Interested in the Retail Space? Check These
Some better-ranked stocks from the retail space are Dillard's, Inc. DDS , Kohl's Corporation KSS and Macy's, Inc. M , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Dillard's delivered a positive earnings surprise in the trailing two quarter.
Kohl's pulled off a positive earnings surprise in the trailing three out of four quarters, with an average beat of 11.6%.
Macy's has a long-term earnings growth rate of 8.5%.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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
J.C. Penney Company, Inc. Holding Company (JCP): 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.
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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Check These Some better-ranked stocks from the retail space are Dillard's, Inc. DDS , Kohl's Corporation KSS and Macy's, Inc. M , each sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. This downturn was primarily due to lower-than-expected top-line and comparable-store sales (comps) performances, soft fiscal 2018 outlook and job cut announcement.
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Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Check These Some better-ranked stocks from the retail space are Dillard's, Inc. DDS , Kohl's Corporation KSS and Macy's, Inc. M , each sporting a Zacks Rank #1 (Strong Buy). J.C. Penney Company, Inc. Holding Company Price, Consensus and EPS Surprise J.C. Penney Company, Inc. Holding Company Price, Consensus and EPS Surprise | J.C. Penney Company, Inc. Holding Company Quote Financial Details J. C. Penney ended fiscal 2017 with cash and cash equivalents of $458 million compared with $887 million at the end of fiscal 2016.
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Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Check These Some better-ranked stocks from the retail space are Dillard's, Inc. DDS , Kohl's Corporation KSS and Macy's, Inc. M , each sporting a Zacks Rank #1 (Strong Buy). J.C. Penney Company, Inc. Holding Company Price, Consensus and EPS Surprise J.C. Penney Company, Inc. Holding Company Price, Consensus and EPS Surprise | J.C. Penney Company, Inc. Holding Company Quote Financial Details J. C. Penney ended fiscal 2017 with cash and cash equivalents of $458 million compared with $887 million at the end of fiscal 2016.
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Check These Some better-ranked stocks from the retail space are Dillard's, Inc. DDS , Kohl's Corporation KSS and Macy's, Inc. M , each sporting a Zacks Rank #1 (Strong Buy). Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Following the results, the stock declined 5.4% on Mar 2.
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719737.0
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2018-03-05 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Unisys, United States Steel, Dillard's, National General Holdings and Rocky Bran
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DDS
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-unisys-united-states-steel-dillards-national-general
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nan
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For Immediate Release
Chicago, IL - March 5, 2018 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Unisys CorporationUIS , United States Steel CorporationX , Dillard's, Inc.DDS , National General Holdings CorpNGHC and Rocky Brands, Inc.RCKY .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Friday's Analyst Blog:
Will March Spark Equity Gains? 5 Top-Ranked Picks
Following a splendid start to the year, investors have just traversed what was the toughest month for stocks in recent times. In February, stocks entered correction territory, albeit for a short period. Following a brief recovery, the month ended on a torrid note with losses triggered by inflationary and tariff-related fears.
Empirical evidence tells us that February typically is the third-worst performing month for the S&P 500, something that has been proven consistently since 1945. At the same time, March is considered one of the two best months of the year for markets. This is why investors would do well to invest in winning stocks that continued to gain in a difficult month and still sport a strong upside.
March Spells Success for Stocks
March has historically been a good month for investors and analysts believe that after a dismal February, this could be the time when stocks once again start rallying. In any case since 1945, February has proved to be the third-worst performing month for the S&P 500. This time around, the index ended February down 3.9% after the 10% decline witnessed in January. February also ended the market's 10-month winning streak, the longest since February 1959.
At the same time, since 1945, the S&P index has been up 66% of this time in March. Similarly, it has gained 69% in April, which is considered the second best month. S&P 500 has registered an average gain of 1.46% in March since 1983. And if the 90 years of market history, from 1928-2017, is taken into consideration, the S&P 500 was up 61% of this time in March, while it was up 63% of this time in April. When the market reflected gains in March, the average advance was 3.6%. Similarly, when the market suffered losses, the average decline was 3.4%.
Inflation, Tariff Worries Overstated
The U.S. economy is fast recovering and given the continued optimism, March might yet again prove to be a great month. The year was off to a great start with the market touching record highs in January. February saw a pullback when markets entered correction territory. And with this, investor expectations are once at realistic levels.
However, challenges like growing fears of rising inflation and a resultant increase in the pace of rate hikes linger. The Fed is expected to raises interest rates on Mar 21 and come up with fresh forecasts for inflation and interest rates. It could also signal more interest rate hikes than expected earlier.
That said, the personal consumption expenditures price index (PCE) index rose 0.4% in January, although the yearly increase stayed flat at 1.7% for the third consecutive month, the government said Thursday. Excluding the volatile energy and food components, the Fed's preferred inflation measure, the core PCE index, increased 0.3 in January. However, the 12-month advance in the core rate was still flat at 1.5% for the fourth consecutive month. Thus, despite inflation rising over the last few years, it remains well below the Fed's target of 2%.
On the other hand, President Donald Trump announced Thursday his intentions of imposing import tariffs on steel and aluminum. This has triggered widespread worries of a trade war with countries across the world as a retaliatory action. However, such a specter could only become reality if the Trump administration extends protection of this sort across a range of other industries. This seems unlikely at this point, since steel and aluminum tariffs were arrived at after much vacillation. Hence, a section of market watchers continue to believe that fears of a trade war are a tad overblown.
Our Choices
February proved to be one of the toughest months for investors. At the same time, empirical data shows that March is the third-best performing month for stocks. A tough February coupled with inflationary and tariff-related fears might make investors a shade jittery but there aren't immediate reasons to worry, as March might turn out to good for stocks.
Adding stocks that performed well even in February's harsh environment and possess strong upside potential to your portfolio looks like a smart move at this point. However, picking winning stocks may be difficult.
This is where our VGM score comes in. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three scores. Such a score allows you to eliminate the negative aspects of stocks and select winners. However, it is important to keep in mind that each Style Score will carry a different weight while arriving at a VGM score.
We have narrowed down our search to the following stocks, each of which has a Zacks Rank #1 (Strong Buy) and a good VGM score. You can see the complete list of today's Zacks #1 Rank stocks here .
Unisys Corporation is a worldwide technology services and solutions company. Unisys consultants apply its expertise in consulting, systems integration, outsourcing, infrastructure and server technology to help clients achieve secure business operations.
Unisys has a VGM Score of A. The company's projected growth rate for the current year is 95.3%. The Zacks Consensus Estimate for the current year has improved 4.4% over the last 30 days.
United States Steel Corporation is an integrated steel producer with major production operations in the United States and Central Europe.
United States Steel has a VGM Score of A. The company's projected growth rate for the current year is 92.2%. The Zacks Consensus Estimate for the current year has improved 21.2% over the last 30 days.
Dillard's, Inc. ranks among the country's largest fashion retailers. The company focuses on delivering style service and value to its shoppers by offering compelling apparel, cosmetics and home selections complemented by exceptional customer care.
Dillard's has a VGM Score of A. The company's projected growth rate for the current year is 21.2%. The Zacks Consensus Estimate for the current year has improved 43.9% over the last 30 days.
National General Holdings Corp is a specialty personal lines insurance holding company. Through its subsidiaries, the company provides personal and commercial automobile insurance, recreational vehicle and motorcycle insurance, supplemental health insurance products and other niche insurance products.
National General Holdings has a VGM Score of B. The company's projected growth rate for the current year is more than 100%. The Zacks Consensus Estimate for the current year has improved 3.8% over the last 30 days.
Rocky Brands, Inc. is a leading designer, manufacturer and marketer of premium quality footwear and apparel marketed under a portfolio of well-recognized brand names including Rocky Outdoor Gear, Georgia Boot, Durango, Lehigh, and the licensed brand, Dickies.
Rocky Brands has a VGM Score of B. The company's projected growth rate for the current year is more than 20.7%. The Zacks Consensus Estimate for the current year has improved 19.7% over the last 30 days.
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About Zacks Equity Research
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Strong Stocks that Should Be in the News
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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/performance for information about the performance numbers displayed in this press release.
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
Unisys Corporation (UIS): Free Stock Analysis Report
National General Holdings Corp (NGHC): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Rocky Brands, Inc. (RCKY): Free Stock Analysis Report
United States Steel Corporation (X): 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.
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 recently featured in the blog include Unisys CorporationUIS , United States Steel CorporationX , Dillard's, Inc.DDS , National General Holdings CorpNGHC and Rocky Brands, Inc.RCKY . Click to get this free report Unisys Corporation (UIS): Free Stock Analysis Report National General Holdings Corp (NGHC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report To read this article on Zacks.com click here. A tough February coupled with inflationary and tariff-related fears might make investors a shade jittery but there aren't immediate reasons to worry, as March might turn out to good for stocks.
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Stocks recently featured in the blog include Unisys CorporationUIS , United States Steel CorporationX , Dillard's, Inc.DDS , National General Holdings CorpNGHC and Rocky Brands, Inc.RCKY . Click to get this free report Unisys Corporation (UIS): Free Stock Analysis Report National General Holdings Corp (NGHC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report To read this article on Zacks.com click here. About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
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Click to get this free report Unisys Corporation (UIS): Free Stock Analysis Report National General Holdings Corp (NGHC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Unisys CorporationUIS , United States Steel CorporationX , Dillard's, Inc.DDS , National General Holdings CorpNGHC and Rocky Brands, Inc.RCKY . March Spells Success for Stocks March has historically been a good month for investors and analysts believe that after a dismal February, this could be the time when stocks once again start rallying.
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Stocks recently featured in the blog include Unisys CorporationUIS , United States Steel CorporationX , Dillard's, Inc.DDS , National General Holdings CorpNGHC and Rocky Brands, Inc.RCKY . Click to get this free report Unisys Corporation (UIS): Free Stock Analysis Report National General Holdings Corp (NGHC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report To read this article on Zacks.com click here. This is why investors would do well to invest in winning stocks that continued to gain in a difficult month and still sport a strong upside.
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2018-03-05 00:00:00 UTC
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Will March Spark Equity Gains? 5 Top-Ranked Picks
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DDS
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https://www.nasdaq.com/articles/will-march-spark-equity-gains-5-top-ranked-picks-2018-03-05
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Following a splendid start to the year, investors have just traversed what was the toughest month for stocks in recent times. In February, stocks entered correction territory, albeit for a short period. Following a brief recovery, the month ended on a torrid note with losses triggered by inflationary and tariff-related fears.
At the same time, March is considered one of the two best months of the year for markets. This is why investors would do well to invest in winning stocks that continued to gain in a difficult month and still sport a strong upside.
March Spells Success for Stocks
March has historically been a good month for investors and analysts believe that after a dismal February, this could be the time when stocks once again start rallying. In any case since 1945, February has proved to be the third-worst performing month for the S&P 500. This time around, the index ended February down 3.9% after the 10% decline witnessed in January. February also ended the market's 10-month winning streak, the longest since February 1959.
5 Top Dividend Aristocrats to Buy in March
At the same time, since 1945, the S&P index has been up 66% of this time in March. Similarly, it has gained 69% in April, which is considered the second best month. S&P 500 has registered an average gain of 1.46% in March since 1983. And if the 90 years of market history, from 1928-2017, is taken into consideration, the S&P 500 was up 61% of this time in March, while it was up 63% of this time in April. When the market reflected gains in March, the average advance was 3.6%. Similarly, when the market suffered losses, the average decline was 3.4%.
Inflation, Tariff Worries Overstated
The U.S. economy is fast recovering and given the continued optimism, March might yet again prove to be a great month. The year was off to a great start with the market touching record highs in January. February saw a pullback when markets entered correction territory. And with this, investor expectations are once at realistic levels.
However, challenges like growing fears of rising inflation and a resultant increase in the pace of rate hikes linger. The Fed is expected to raises interest rates on Mar 21 and come up with fresh forecasts for inflation and interest rates. It could also signal more interest rate hikes than expected earlier.
That said, the personal consumption expenditures price index (PCE) index rose 0.4% in January, although the yearly increase stayed flat at 1.7% for the third consecutive month, the government said Thursday.
Excluding the volatile energy and food components, the Fed's preferred inflation measure, the core PCE index, increased 0.3 in January. However, the 12-month advance in the core rate was still flat at 1.5% for the fourth consecutive month. Thus, despite inflation rising over the last few years, it remains well below the Fed's target of 2%.
On the other hand, President Donald Trump announced Thursday his intentions of imposing import tariffs on steel and aluminum. This has triggered widespread worries of a trade war with countries across the world as a retaliatory action. However, such a specter could only become reality if the Trump administration extends protection of this sort across a range of other industries.
This seems unlikely at this point, since steel and aluminum tariffs were arrived at after much vacillation. Hence, a section of market watchers continue to believe that fears of a trade war are a tad overblown.
Our Choices
February proved to be one of the toughest months for investors. At the same time, empirical data shows that March is the third-best performing month for stocks. A tough February coupled with inflationary and tariff-related fears might make investors a shade jittery but there aren't immediate reasons to worry, as March might turn out to good for stocks.
Adding stocks that performed well even in February's harsh environment and possess strong upside potential to your portfolio looks like a smart move at this point. However, picking winning stocks may be difficult.
This is where our VGM score comes in. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three scores. Such a score allows you to eliminate the negative aspects of stocks and select winners. However, it is important to keep in mind that each Style Score will carry a different weight while arriving at a VGM score.
Diversify Your Portfolio with These 5 Growth Stocks
We have narrowed down our search to the following stocks, each of which has a Zacks Rank #1 (Strong Buy) and a good VGM score.
Unisys Corporation (NYSE: UIS ) is a worldwide technology services and solutions company. Unisys consultants apply its expertise in consulting, systems integration, outsourcing, infrastructure and server technology to help clients achieve secure business operations.
Unisys has a VGM Score of A. The company's projected growth rate for the current year is 95.3%. The Zacks Consensus Estimate for the current year has improved 4.4% over the last 30 days.
United States Steel Corporation (NYSE: X ) is an integrated steel producer with major production operations in the United States and Central Europe.
United States Steel has a VGM Score of A. The company's projected growth rate for the current year is 92.2%. The Zacks Consensus Estimate for the current year has improved 21.2% over the last 30 days.
Dillard's, Inc. (NYSE: DDS ) ranks among the country's largest fashion retailers. The company focuses on delivering style service and value to its shoppers by offering compelling apparel, cosmetics and home selections complemented by exceptional customer care.
Dillard's has a VGM Score of A. The company's projected growth rate for the current year is 21.2%. The Zacks Consensus Estimate for the current year has improved 43.9% over the last 30 days.
National General Holdings Corp (NASDAQ: NGHC ) is a specialty personal lines insurance holding company. Through its subsidiaries, the company provides personal and commercial automobile insurance, recreational vehicle and motorcycle insurance, supplemental health insurance products and other niche insurance products.
National General Holdings has a VGM Score of B. The company's projected growth rate for the current year is more than 100%. The Zacks Consensus Estimate for the current year has improved 3.8% over the last 30 days.
Rocky Brands Inc (NASDAQ: RCKY ) is a leading designer, manufacturer and marketer of premium quality footwear and apparel marketed under a portfolio of well-recognized brand names including Rocky Outdoor Gear, Georgia Boot, Durango, Lehigh, and the licensed brand, Dickies.
Rocky Brands has a VGM Score of B. The company's projected growth rate for the current year is more than 20.7%. The Zacks Consensus Estimate for the current year has improved 19.7% over the last 30 days.
Don't Even Think About Buying Bitcoin Until You Read This
The most popular cryptocurrency skyrocketed last year, giving some investors the chance to bank 20X returns or even more. Those gains, however, came with serious volatility and risk. Bitcoin sank 25% or more 3 times in 2017. Zacks' has just released a new Special Report to help readers capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.
See 4 crypto-related stocks now >>
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Compare Brokers
The post Will March Spark Equity Gains? 5 Top-Ranked Picks 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.
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 ) ranks among the country's largest fashion retailers. A tough February coupled with inflationary and tariff-related fears might make investors a shade jittery but there aren't immediate reasons to worry, as March might turn out to good for stocks. The company focuses on delivering style service and value to its shoppers by offering compelling apparel, cosmetics and home selections complemented by exceptional customer care.
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Dillard's, Inc. (NYSE: DDS ) ranks among the country's largest fashion retailers. In February, stocks entered correction territory, albeit for a short period. Diversify Your Portfolio with These 5 Growth Stocks We have narrowed down our search to the following stocks, each of which has a Zacks Rank #1 (Strong Buy) and a good VGM score.
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Dillard's, Inc. (NYSE: DDS ) ranks among the country's largest fashion retailers. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Following a splendid start to the year, investors have just traversed what was the toughest month for stocks in recent times. March Spells Success for Stocks March has historically been a good month for investors and analysts believe that after a dismal February, this could be the time when stocks once again start rallying.
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Dillard's, Inc. (NYSE: DDS ) ranks among the country's largest fashion retailers. When the market reflected gains in March, the average advance was 3.6%. Diversify Your Portfolio with These 5 Growth Stocks We have narrowed down our search to the following stocks, each of which has a Zacks Rank #1 (Strong Buy) and a good VGM score.
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2018-03-02 00:00:00 UTC
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Will March Spark Equity Gains? 5 Top-Ranked Picks
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DDS
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https://www.nasdaq.com/articles/will-march-spark-equity-gains-5-top-ranked-picks-2018-03-02
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Following a splendid start to the year, investors have just traversed what was the toughest month for stocks in recent times. In February, stocks entered correction territory, albeit for a short period. Following a brief recovery, the month ended on a torrid note with losses triggered by inflationary and tariff-related fears.
Empirical evidence tells us that February typically is the third-worst performing month for the S&P 500, something that has been proven consistently since 1945. At the same time, March is considered one of the two best months of the year for markets. This is why investors would do well to invest in winning stocks that continued to gain in a difficult month and still sport a strong upside.
March Spells Success for Stocks
March has historically been a good month for investors and analysts believe that after a dismal February, this could be the time when stocks once again start rallying. In any case since 1945, February has proved to be the third-worst performing month for the S&P 500. This time around, the index ended February down 3.9% after the 10% decline witnessed in January. February also ended the market's 10-month winning streak, the longest since February 1959.
At the same time, since 1945, the S&P index has been up 66% of this time in March. Similarly, it has gained 69% in April, which is considered the second best month. S&P 500 has registered an average gain of 1.46% in March since 1983. And if the 90 years of market history, from 1928-2017, is taken into consideration, the S&P 500 was up 61% of this time in March, while it was up 63% of this time in April. When the market reflected gains in March, the average advance was 3.6%. Similarly, when the market suffered losses, the average decline was 3.4%.
Inflation, Tariff Worries Overstated
The U.S. economy is fast recovering and given the continued optimism, March might yet again prove to be a great month. The year was off to a great start with the market touching record highs in January. February saw a pullback when markets entered correction territory. And with this, investor expectations are once at realistic levels.
However, challenges like growing fears of rising inflation and a resultant increase in the pace of rate hikes linger. The Fed is expected to raises interest rates on Mar 21 and come up with fresh forecasts for inflation and interest rates. It could also signal more interest rate hikes than expected earlier.
That said, the personal consumption expenditures price index (PCE) index rose 0.4% in January, although the yearly increase stayed flat at 1.7% for the third consecutive month, the government said Thursday. Excluding the volatile energy and food components, the Fed's preferred inflation measure, the core PCE index, increased 0.3 in January. However, the 12-month advance in the core rate was still flat at 1.5% for the fourth consecutive month. Thus, despite inflation rising over the last few years, it remains well below the Fed's target of 2%.
On the other hand, President Donald Trump announced Thursday his intentions of imposing import tariffs on steel and aluminum. This has triggered widespread worries of a trade war with countries across the world as a retaliatory action. However, such a specter could only become reality if the Trump administration extends protection of this sort across a range of other industries. This seems unlikely at this point, since steel and aluminum tariffs were arrived at after much vacillation. Hence, a section of market watchers continue to believe that fears of a trade war are a tad overblown.
Our Choices
February proved to be one of the toughest months for investors. At the same time, empirical data shows that March is the third-best performing month for stocks. A tough February coupled with inflationary and tariff-related fears might make investors a shade jittery but there aren't immediate reasons to worry, as March might turn out to good for stocks.
Adding stocks that performed well even in February's harsh environment and possess strong upside potential to your portfolio looks like a smart move at this point. However, picking winning stocks may be difficult.
This is where our VGM score comes in. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three scores. Such a score allows you to eliminate the negative aspects of stocks and select winners. However, it is important to keep in mind that each Style Score will carry a different weight while arriving at a VGM score.
We have narrowed down our search to the following stocks, each of which has a Zacks Rank #1 (Strong Buy) and a good VGM score. You can see the complete list of today's Zacks #1 Rank stocks here .
Unisys CorporationUIS is a worldwide technology services and solutions company. Unisys consultants apply its expertise in consulting, systems integration, outsourcing, infrastructure and server technology to help clients achieve secure business operations.
Unisys has a VGM Score of A. The company's projected growth rate for the current year is 95.3%. The Zacks Consensus Estimate for the current year has improved 4.4% over the last 30 days.
United States Steel CorporationX is an integrated steel producer with major production operations in the United States and Central Europe.
United States Steel has a VGM Score of A. The company's projected growth rate for the current year is 92.2%. The Zacks Consensus Estimate for the current year has improved 21.2% over the last 30 days.
Dillard's, Inc.DDS ranks among the country's largest fashion retailers. The company focuses on delivering style service and value to its shoppers by offering compelling apparel, cosmetics and home selections complemented by exceptional customer care.
Dillard's has a VGM Score of A. The company's projected growth rate for the current year is 21.2%. The Zacks Consensus Estimate for the current year has improved 43.9% over the last 30 days.
National General Holdings CorpNGHC is a specialty personal lines insurance holding company. Through its subsidiaries, the company provides personal and commercial automobile insurance, recreational vehicle and motorcycle insurance, supplemental health insurance products and other niche insurance products.
National General Holdings has a VGM Score of B. The company's projected growth rate for the current year is more than 100%. The Zacks Consensus Estimate for the current year has improved 3.8% over the last 30 days.
Rocky Brands, Inc.RCKY is a leading designer, manufacturer and marketer of premium quality footwear and apparel marketed under a portfolio of well-recognized brand names including Rocky Outdoor Gear, Georgia Boot, Durango, Lehigh, and the licensed brand, Dickies.
Rocky Brands has a VGM Score of B. The company's projected growth rate for the current year is more than 20.7%. The Zacks Consensus Estimate for the current year has improved 19.7% over the last 30 days.
Don't Even Think About Buying Bitcoin Until You Read This
The most popular cryptocurrency skyrocketed last year, giving some investors the chance to bank 20X returns or even more. Those gains, however, came with serious volatility and risk. Bitcoin sank 25% or more 3 times in 2017. Zacks' has just released a new Special Report to help readers capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.
See 4 crypto-related 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
Unisys Corporation (UIS): Free Stock Analysis Report
National General Holdings Corp (NGHC): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Rocky Brands, Inc. (RCKY): Free Stock Analysis Report
United States Steel Corporation (X): 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.
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 ranks among the country's largest fashion retailers. Click to get this free report Unisys Corporation (UIS): Free Stock Analysis Report National General Holdings Corp (NGHC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report To read this article on Zacks.com click here. A tough February coupled with inflationary and tariff-related fears might make investors a shade jittery but there aren't immediate reasons to worry, as March might turn out to good for stocks.
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Click to get this free report Unisys Corporation (UIS): Free Stock Analysis Report National General Holdings Corp (NGHC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS ranks among the country's largest fashion retailers. We have narrowed down our search to the following stocks, each of which has a Zacks Rank #1 (Strong Buy) and a good VGM score.
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Click to get this free report Unisys Corporation (UIS): Free Stock Analysis Report National General Holdings Corp (NGHC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS ranks among the country's largest fashion retailers. At the same time, March is considered one of the two best months of the year for markets.
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Dillard's, Inc.DDS ranks among the country's largest fashion retailers. Click to get this free report Unisys Corporation (UIS): Free Stock Analysis Report National General Holdings Corp (NGHC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Rocky Brands, Inc. (RCKY): Free Stock Analysis Report United States Steel Corporation (X): Free Stock Analysis Report To read this article on Zacks.com click here. At the same time, March is considered one of the two best months of the year for markets.
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2018-02-28 00:00:00 UTC
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Zacks.com highlights: Centene, Andersons, Builders FirstSource, United Continental Holdings and Dillard's
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DDS
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https://www.nasdaq.com/articles/zacks.com-highlights%3A-centene-andersons-builders-firstsource-united-continental-holdings
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For Immediate Release
Chicago, IL - Feb 28, 2018 - Stocks in this week's article include: Centene CorporationCNC , The Andersons, Inc.ANDE , Builders FirstSource, Inc.BLDR , United Continental Holdings, Inc.UAL and Dillard's, Inc.DDS .
Screen of the Week of Zacks Investment Research:
5 Stocks to Bet on Following Recent Broker Upgrades
We are at the tail end of the Q4 earnings season with the majority of the companies having already unveiled their quarterly financial numbers. The picture that has emerged so far is an extremely healthy one. The earnings season remains on track to end on a strong note, displaying substantial growth. A high proportion of companies have reported better-than-expected earnings per share in the current reporting cycle.
Generally, an earnings beat leads to stock price appreciation. In such a highly bullish scenario, investors tend to add outperformers to their respective portfolios for healthy returns.
However, with a deluge of earnings reports flooding the market during the reporting cycle, pinpointing outperformers is by no means an easy task for individual investors. In the absence of proper guidance, identifying a winning stock is akin to searching for 'a needle in a haystack', for an investor. The proper guidance, in this respect, comes from brokers, who are deemed to be experts, equipped with vast knowledge and know how as far the field of investing is concerned.
Of the three types of brokers/analysts (sell-side, buy-side and independent) present in the investment world, sell-side analysts are most common. Various brokerage firms employ them to provide unbiased opinion to investors after thorough research. Buy-side analysts are employed by hedge funds, mutual funds etc. while the independent ones simply sell their reports to investors.
Why Such Advice Is Invaluable
Brokers, irrespective of their types, undertake thorough research of the stocks covered by them. They have at their disposal a lot more information on a company and its prospects than individual investors.
To attain their objective, they go through minute details of the publicly available financial documents apart from attending company conference calls and other presentations. Consequently, the opinion of brokers should act as a valuable guide for investors while deciding their course of action (buy, sell or hold) on a particular stock.
Earnings Estimates Revisions: A Key Pointer
Since brokers follow the stocks in their coverage minutely, they revise their earnings estimates after carefully examining the pros and cons of an event for the concerned company. In fact, a rating upgrade or downgrade by brokers has the potential to immediately influence the price of the stock.
Since brokers arrive at their recommendation on a stock after thoroughly analyzing the nitty-gritty associated with the company, it is natural that if investors see them improving their recommendation on a particular stock, they are inclined to believe that there is a solid reason/logic behind it. In fact, a rating upgrade generally leads to stock price appreciation. Similarly, the price of a stock may plummet following a rating downgrade.
Estimates can move north for a number of reasons - favorable earnings performance, a bullish guidance, product launch or a favorable macro scenario.
Making the Most of Broker Opinions
The above write-up clearly suggests that by following broker actions, one can arrive at a winning portfolio of stocks. Keeping this in mind, we have designed a screen to shortlist stocks based on improving analyst recommendation and upward revisions to earnings estimates over the last four weeks. Also, since the price/sales ratio is a strong complementary valuation metric in the presence of analyst information, it has been included. The price/sales ratio takes care of the company's top line, making the strategy foolproof.
And that's what we're screening for today…
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/293857/5-stocks-to-bet-on-following-recent-broker-rating-upgrades
Get the remaining stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.
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.
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.
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
United Continental Holdings, Inc. (UAL): Free Stock Analysis Report
Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report
Centene Corporation (CNC): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
The Andersons, Inc. (ANDE): 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.
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 - Feb 28, 2018 - Stocks in this week's article include: Centene CorporationCNC , The Andersons, Inc.ANDE , Builders FirstSource, Inc.BLDR , United Continental Holdings, Inc.UAL and Dillard's, Inc.DDS . Click to get this free report United Continental Holdings, Inc. (UAL): Free Stock Analysis Report Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report Centene Corporation (CNC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. Screen of the Week of Zacks Investment Research: 5 Stocks to Bet on Following Recent Broker Upgrades We are at the tail end of the Q4 earnings season with the majority of the companies having already unveiled their quarterly financial numbers.
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For Immediate Release Chicago, IL - Feb 28, 2018 - Stocks in this week's article include: Centene CorporationCNC , The Andersons, Inc.ANDE , Builders FirstSource, Inc.BLDR , United Continental Holdings, Inc.UAL and Dillard's, Inc.DDS . Click to get this free report United Continental Holdings, Inc. (UAL): Free Stock Analysis Report Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report Centene Corporation (CNC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. 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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Click to get this free report United Continental Holdings, Inc. (UAL): Free Stock Analysis Report Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report Centene Corporation (CNC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - Feb 28, 2018 - Stocks in this week's article include: Centene CorporationCNC , The Andersons, Inc.ANDE , Builders FirstSource, Inc.BLDR , United Continental Holdings, Inc.UAL and Dillard's, Inc.DDS . Screen of the Week of Zacks Investment Research: 5 Stocks to Bet on Following Recent Broker Upgrades We are at the tail end of the Q4 earnings season with the majority of the companies having already unveiled their quarterly financial numbers.
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For Immediate Release Chicago, IL - Feb 28, 2018 - Stocks in this week's article include: Centene CorporationCNC , The Andersons, Inc.ANDE , Builders FirstSource, Inc.BLDR , United Continental Holdings, Inc.UAL and Dillard's, Inc.DDS . Click to get this free report United Continental Holdings, Inc. (UAL): Free Stock Analysis Report Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report Centene Corporation (CNC): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report The Andersons, Inc. (ANDE): Free Stock Analysis Report To read this article on Zacks.com click here. However, with a deluge of earnings reports flooding the market during the reporting cycle, pinpointing outperformers is by no means an easy task for individual investors.
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2018-02-28 00:00:00 UTC
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Macy's and Dillard's Earnings Soar in Q4
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https://www.nasdaq.com/articles/macys-and-dillards-earnings-soar-q4-2018-02-28
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On Tuesday morning, Macy's (NYSE: M) and Dillard's (NYSE: DDS) -- two of the leading mid-price department store operators -- reported strong results for the final quarter of fiscal 2017. This marked a big trend change from the persistent sales declines they had suffered for most of the past three years.
Management at Macy's and Dillard's also struck an optimistic tone about 2018. If retail sales trends remain strong, shares of both department store companies could continue their recent rally during the remainder of 2018.
A return to comp sales growth
Until recently, sales trends seemed to be spiraling out of control at both Macy's and Dillard's. Macy's entered the fourth quarter having not posted an increase in comparable-store sales since the fourth quarter of fiscal 2014. Dillard's most recent comp sales gain had been in the second quarter of fiscal 2015.
However, both retailers turned things around last quarter. Macy's posted a 1.4% comp sales gain, following up a strong holiday season with an even better January performance. This was a big improvement over its 3.6% comp sales decrease for the first three quarters of the fiscal year.
Dillard's delivered an even better performance. Comp sales rose 3% year over year in the fourth quarter, compared to a 2% dip in the first three quarters of fiscal 2017.
Earnings soar, as you'd expect
Most retailers have high operating leverage, meaning that small changes in sales can have a much larger impact on profitability. After all, many of the costs of operating a store don't change much if more customers come through the door. Additionally, strong sales trends tend to boost gross margin, as fewer items need to be cleared out with deep discounts.
As a result, it's not surprising that Macy's and Dillard's both posted very strong earnings results. Macy's reported that earnings per share soared to $2.82 from $2.02 a year earlier. This was $0.08 above the high end of Macy's updated guidance. Analysts had expected EPS of $2.71.
These EPS results included a $0.48 gain from the sale of the Union Square men's store in San Francisco and a $0.07 benefit from the lower tax rate that went into effect in January. Excluding those factors, Macy's still achieved double-digit EPS growth. (It's worth noting that some of this EPS growth stems from there being an extra week in the fourth fiscal quarter this year.)
Dillard's achieved even more impressive EPS growth last quarter. Adjusted EPS soared to $2.82 from $1.85 a year earlier, thanks to a roughly pre-tax margin improvement of 1 percentage point. This blew past the average analyst estimate of $1.77.
The outlook is good
Both companies are optimistic that the good times will continue in 2018. Macy's expects comp sales to rise as much as 1%, while full-year EPS will reach $3.55-$3.75, as a reduced tax rate of 23.25% will offset growth investments and lower asset sale gains. (Full-year adjusted EPS was $3.77 for fiscal 2017.)
As usual, Dillard's didn't provide quantitative guidance or hold an earnings call. CEO William Dillard II said simply, "We are working to keep this momentum into 2018."
Dillard's stock soared 17% on Thursday, reaching a new 52-week high, as investors cheered its blowout earnings report. Macy's stock traded up by double digits in the morning, but by the end of the day, its gain had shrunk to 3.5%.
However, Macy's looks like a better bet going forward. First, Macy's ended last quarter with inventory down 4% year over year, compared to up 4% at Dillard's. That puts Macy's in a better position to react to demand trends in the next quarter or two.
Furthermore, Macy's had an adjusted pre-tax margin of 5% last year -- excluding asset sale gains -- compared to approximately 3.3% at Dillard's. Including asset sale gains, Macy's has an even bigger margin advantage over its smaller rival.
Finally, Macy's is reinvesting about 4% of its revenue in capital projects, whereas capex averages around 2% of revenue at Dillard's. In the long run, these investments will give Macy's a better shot at growing (or at least maintaining) its revenue than Dillard's.
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Adam Levine-Weinberg owns shares of Macy's. 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.
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 Tuesday morning, Macy's (NYSE: M) and Dillard's (NYSE: DDS) -- two of the leading mid-price department store operators -- reported strong results for the final quarter of fiscal 2017. If retail sales trends remain strong, shares of both department store companies could continue their recent rally during the remainder of 2018. Earnings soar, as you'd expect Most retailers have high operating leverage, meaning that small changes in sales can have a much larger impact on profitability.
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On Tuesday morning, Macy's (NYSE: M) and Dillard's (NYSE: DDS) -- two of the leading mid-price department store operators -- reported strong results for the final quarter of fiscal 2017. If retail sales trends remain strong, shares of both department store companies could continue their recent rally during the remainder of 2018. Furthermore, Macy's had an adjusted pre-tax margin of 5% last year -- excluding asset sale gains -- compared to approximately 3.3% at Dillard's.
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On Tuesday morning, Macy's (NYSE: M) and Dillard's (NYSE: DDS) -- two of the leading mid-price department store operators -- reported strong results for the final quarter of fiscal 2017. A return to comp sales growth Until recently, sales trends seemed to be spiraling out of control at both Macy's and Dillard's. Macy's expects comp sales to rise as much as 1%, while full-year EPS will reach $3.55-$3.75, as a reduced tax rate of 23.25% will offset growth investments and lower asset sale gains.
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On Tuesday morning, Macy's (NYSE: M) and Dillard's (NYSE: DDS) -- two of the leading mid-price department store operators -- reported strong results for the final quarter of fiscal 2017. If retail sales trends remain strong, shares of both department store companies could continue their recent rally during the remainder of 2018. A return to comp sales growth Until recently, sales trends seemed to be spiraling out of control at both Macy's and Dillard's.
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2018-02-28 00:00:00 UTC
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Dillard's (DDS) Rallies 17% on Q4 Earnings & Sales Beat
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https://www.nasdaq.com/articles/dillards-dds-rallies-17-on-q4-earnings-sales-beat-2018-02-28
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Shares of Dillard's Inc.DDS surged a solid 16.8% yesterday, following the company's robust fourth-quarter fiscal 2017 performance. Notably, the company's sales and earnings topped estimates for the quarter and also improved year over year. This marked the company's third earnings beat in trailing four quarters. Moreover, sales surpassed estimates for the third consecutive quarter.
Overall, this Zacks Rank #1 (Strong Buy) stock has jumped 20% in the past month, against the industry 's 0.2% growth.
Q4 Numbers
The company reported adjusted earnings per share of $2.82 per share, marking a 52.4% increase from $1.85 per share in the prior-year quarter. Moreover, bottom-line results significantly beat the Zacks Consensus Estimate of $1.82 per share.
Dillard's, Inc. Price, Consensus and EPS Surprise
Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote
Results mainly gained from the continuation of the positive trends witnessed in the third quarter into the fourth quarter. The earnings growth came on the back of solid comparable store sales (comps) increase, along with higher gross margins and relative expense management.
Dillard's total revenues (including service charges and other income) of $2,109.2 million improved 6.3% from the year-ago quarter and also topped the Zacks Consensus Estimate of $2,041.1 million.
Dillard's net sales (including CDI Contractors LLC or CDI) rose 6.5% year over year to $2,061.3 million in the reported quarter. Merchandise sales, excluding CDI, increased 6.8% to roughly $2,025 million. Sales in comparable stores for the 13-week period ended Jan 27, 2018, jumped 3% from the year-ago period.
During the quarter, ladies' apparel, juniors' and children's apparel, and men's apparel and accessories categories displayed above-average performance. However, this was offset by softness in categories like cosmetics, ladies' accessories and lingerie, home and furniture, and shoes. The Western and Eastern regions were the best performers, trailed by the Central region.
Consolidated gross margin expanded 53 basis points (bps), while gross margin from retail operations (excluding CDI) improved 48 bps due to higher markups.
Dillard's SG&A expenses (as a percentage of sales) remained flat with last year at 23.3%. In dollar terms, SG&A expenses rose 6.5% to $480.8 million driven by increased payroll, supplies and utilities. Further, an additional week of operations in fourth-quarter fiscal 2017 led to the increase in operating expenses.
Financial Details
Dillard's ended the quarter with cash and cash equivalents of $187 million, long-term debt and capital leases (excluding current portions) of $368.3 million and total shareholders' equity of $3,673.1 million. Merchandise inventories improved 4.1% year over year to $1,463.6 million.
In fiscal 2017, the company generated net cash flow from operations of $274.2 million and incurred $9.4 million in dividends.
Moreover, the company bought back 0.6 million shares for $34.6 million in the fourth quarter. This brings the total repurchases made during the fiscal year to 4.1 million shares for about $219 million. As of Feb 3, 2018, Dillard's had an authorization worth $34.8 million remaining under its $500 million buyback program.
Store Update
As of Feb 3, 2018, Dillard's had about 268 namesake outlets and 24 clearance centers operating in 29 states, as well as an online store at www.dillards.com. Dillard's total square footage, as of Feb 3, was 49.2 million.
Fiscal 2018 View
Following the solid quarter, Dillard's provided its costs guidance for fiscal 2018. The company expects rentals of approximately $27 million compared with $28 million in fiscal 2017. Net interest and debt expenses are anticipated to be nearly $50 million versus $63 million in fiscal 2017. Further, the company projects capital expenditures of about $140 million for fiscal 2018 against $131 million spent in fiscal 2017.
Depreciation and amortization expenses for fiscal 2018 are expected at $230 million compared with $232 million in the prior year.
Still Interested in Retail? Check these 3 Trending Picks
Kohl's Corporation KSS , with a long-term EPS growth rate of 6.7%, has a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Macy's, Inc. M , carrying a Zacks Rank #2 (Buy), has long-term EPS growth rate of 8.5%.
Zumiez, Inc. ZUMZ , with a long-term EPS growth rate of 18%, carries a Zacks Rank #2.
Wall Street's Next Amazon
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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
Zumiez Inc. (ZUMZ): Free Stock Analysis Report
Macy's Inc (M): Free Stock Analysis Report
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.
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.
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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Shares of Dillard's Inc.DDS surged a solid 16.8% yesterday, following the company's robust fourth-quarter fiscal 2017 performance. Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report 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 earnings growth came on the back of solid comparable store sales (comps) increase, along with higher gross margins and relative expense management.
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Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report 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. Shares of Dillard's Inc.DDS surged a solid 16.8% yesterday, following the company's robust fourth-quarter fiscal 2017 performance. Dillard's, Inc. Price, Consensus and EPS Surprise Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote Results mainly gained from the continuation of the positive trends witnessed in the third quarter into the fourth quarter.
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Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report 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. Shares of Dillard's Inc.DDS surged a solid 16.8% yesterday, following the company's robust fourth-quarter fiscal 2017 performance. Dillard's total revenues (including service charges and other income) of $2,109.2 million improved 6.3% from the year-ago quarter and also topped the Zacks Consensus Estimate of $2,041.1 million.
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Shares of Dillard's Inc.DDS surged a solid 16.8% yesterday, following the company's robust fourth-quarter fiscal 2017 performance. Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report 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. Moreover, the company bought back 0.6 million shares for $34.6 million in the fourth quarter.
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2018-02-28 00:00:00 UTC
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Top Analyst Reports for Gilead, BNY Mellon & State Street
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https://www.nasdaq.com/articles/top-analyst-reports-gilead-bny-mellon-state-street-2018-02-28
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Wednesday, February 28, 2018
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including Gilead (GILD), BNY Mellon (BK) and State Street (STT). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
You can see all of today's research reports here >>>
Gilead 's shares have outperformed the Zacks Biotech industry in the last six months, increasing +6.1% vs. a decline of -4.6%. Gilead topped both earnings and revenue estimates in the fourth quarter.
The HIV franchise maintains momentum driven by the rapid adoption of TAF-based regimens in the United States and EU. The TAF-based regimens now represent 62% of total HIV prescription volume following the launch of Genvoya, Odefsey and Descovy in 2016.
The Zacks analyst thinks that the approval of Gilead's latest triple HIV therapy is likely to provide an impetus to the stock as Gilead is now banking on its HIV franchise and newer avenues like the CAR-T therapy. However, the HCV franchise is under tremendous pressure due to lower patient starts and increasing competition.
Both pricing and market share are expected to stabilize by mid-2018 while patient starts are expected to decline further. The company's guidance for 2018 also lacks luster.
(You can read the full research report on Gilead here >>> ).
Shares of BNY Mellon have underperformed the Zacks Major Regional Banks industry in the last six months (+11.3% vs. +21.6%). The company's earnings surpassed expectations in only two of the trailing four quarters. Concentration risk arising from significant dependence on fee-based income remains a matter of concern for the company.
If there are any changes in individual investment preferences, regulatory amendments or a slowdown in capital market activities, it could hurt the company's financials. However, The Zacks analyst thinks easing margin pressure (driven by gradual higher interest rates) and rising loan demand will drive revenue growth. Also, potential lesser regulations, lower tax rates and cost-saving initiatives are likely to drive profitability.
(You can read the full research report on BNY Mellon here >>> ).
State Street 's shares have underperformed the Zacks Major Regional Banks industry in the last six months (+16.5% vs. +21.6%). The company has an impressive earnings surprise history, having surpassed expectations in each of the trailing four quarters.
The Zacks analyst likes its new business wins, synergies from GE Asset Management deal and rising interest rates, all of which are likely to continue supporting profitability. Further, the company's cost saving efforts through multi-year restructuring plan is expected to a success.
However, continuous decline in trading services revenues is a concern. Also, mounting expenses remain a major near-term concern for the company.
(You can read the full research report on State Street here >>> ).
Other noteworthy reports we are featuring today include LKQ Corporation (LKQ), Alliant Energy (LNT) and Dillard's (DDS).
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Mark Vickery
Senior Editor
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trendsand Earnings Previewreports. If you want an email notification each time Sheraz publishes a new article, please click here>>>
Today's Must Read
Gilead's (GILD) HIV Franchise Growth To Offset HCV Weakness
BNY Mellon's (BK) Lower NIM Stress to Offset Fee Dependence
GEAM Deal Aids State Street (STT), Rising Costs a Concern
Featured Reports
Alliant Energy (LNT) Gains From Investment, Renewable Focus
The Zacks analyst believes Alliant Energy will benefit from its planned $5 billion investment to strengthen infrastructure and generate more electricity from clean sources.
McDermott's (MDR) Chicago Bridge Buy to Boost Onshore Focus
While the $6 billion Chicago Bridge buyout will add onshore services to McDermott's offshore-focused portfolio, the Zacks analyst is worried about the increase in the combined company's debt load.
Acquisition & Branch Openings to Drive LKQ Corporation (LKQ)
Per the Zacks analyst, frequent acquisitions in the United States & Europe and opening of new Euro Car Parts branches are adding to LKQ Corp's sales growth.
Rising Demand to Aid Mosaic (MOS), High Debt Level a Concern
While Mosaic is well placed to gain from increasing global demand for phosphate and potash in FY18, its elevated debt level is a concern, per the Zacks analyst.
Dillard's (DDS) to Gain from Strong Customer Base
Per the Zacks analyst, Dillard's is poised to gain from focus on increasing productivity, and developing an omni-channel platform, which should strengthen customer base.
New Upgrades
Cost Cuts, Strong Demand to Aid Century Aluminum (CENX)
Per the Zacks analyst, Century Aluminum should gain from its actions to reduce operating costs and strong demand for aluminum across automotive and aerospace end-use markets.
Upbeat Grain Group & Cost Savings to Aid Andersons (ANDE)
The Zacks analyst expects Andersons' Grain Group will benefit from solid storage income. Further, its progress in attaining cost savings goal of $20 million in 2018 will drive growth.
New Downgrades
Soft Sales Remain a Headwind for Big 5 Sporting (BGFV)
Per the Zacks analyst, Big 5 Sporting's sales continued a dismal trend for the third straight quarter due to a tough retail environment and soft demand for firearms. This is likely to hurt comps.
Falling Revenues and Rising Costs Hurt Community Health (CYH)
Per the Zacks analyst, continuous decline in top line due to falling admissions and rising expenses on the back of impairment losses affect Community Health's bottom line adversely.
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
State Street Corporation (STT): Free Stock Analysis Report
Alliant Energy Corporation (LNT): Free Stock Analysis Report
LKQ Corporation (LKQ): Free Stock Analysis Report
Gilead Sciences, Inc. (GILD): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Bank Of New York Mellon Corporation (The) (BK): 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.
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 noteworthy reports we are featuring today include LKQ Corporation (LKQ), Alliant Energy (LNT) and Dillard's (DDS). Dillard's (DDS) to Gain from Strong Customer Base Per the Zacks analyst, Dillard's is poised to gain from focus on increasing productivity, and developing an omni-channel platform, which should strengthen customer base. Click to get this free report State Street Corporation (STT): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report LKQ Corporation (LKQ): Free Stock Analysis Report Gilead Sciences, Inc. (GILD): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Bank Of New York Mellon Corporation (The) (BK): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report State Street Corporation (STT): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report LKQ Corporation (LKQ): Free Stock Analysis Report Gilead Sciences, Inc. (GILD): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Bank Of New York Mellon Corporation (The) (BK): Free Stock Analysis Report To read this article on Zacks.com click here. Other noteworthy reports we are featuring today include LKQ Corporation (LKQ), Alliant Energy (LNT) and Dillard's (DDS). Dillard's (DDS) to Gain from Strong Customer Base Per the Zacks analyst, Dillard's is poised to gain from focus on increasing productivity, and developing an omni-channel platform, which should strengthen customer base.
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Click to get this free report State Street Corporation (STT): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report LKQ Corporation (LKQ): Free Stock Analysis Report Gilead Sciences, Inc. (GILD): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Bank Of New York Mellon Corporation (The) (BK): Free Stock Analysis Report To read this article on Zacks.com click here. Other noteworthy reports we are featuring today include LKQ Corporation (LKQ), Alliant Energy (LNT) and Dillard's (DDS). Dillard's (DDS) to Gain from Strong Customer Base Per the Zacks analyst, Dillard's is poised to gain from focus on increasing productivity, and developing an omni-channel platform, which should strengthen customer base.
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Other noteworthy reports we are featuring today include LKQ Corporation (LKQ), Alliant Energy (LNT) and Dillard's (DDS). Dillard's (DDS) to Gain from Strong Customer Base Per the Zacks analyst, Dillard's is poised to gain from focus on increasing productivity, and developing an omni-channel platform, which should strengthen customer base. Click to get this free report State Street Corporation (STT): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report LKQ Corporation (LKQ): Free Stock Analysis Report Gilead Sciences, Inc. (GILD): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Bank Of New York Mellon Corporation (The) (BK): Free Stock Analysis Report To read this article on Zacks.com click here.
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2018-02-27 00:00:00 UTC
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Mid-Day Market Update: U.S. Stocks Turn Lower; Dillard's Shares Gain On Earnings Beat
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https://www.nasdaq.com/articles/mid-day-market-update-us-stocks-turn-lower-dillards-shares-gain-earnings-beat-2018-02-27
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Midway through trading Tuesday, the Dow traded down 0.31 percent to 25,630.09 while the NASDAQ declined 0.71 percent to 7,369.06. The S&P also fell, dropping 0.51 percent to 2,765.32.
Leading and Lagging Sectors
On Tuesday, the healthcare shares slipped by just 0.3 percent. Meanwhile, top gainers in the sector included Clovis Oncology Inc (NASDAQ: CLVS ), up 11 percent, and Tenet Healthcare Corp (NYSE: THC ), up 10 percent.
In trading on Tuesday, telecommunications services shares tumbled 1.44 percent. Meanwhile, top losers in the sector included PLDT Inc (ADR) (NYSE: PHI ), down 3 percent, and Comcast Corporation (NASDAQ: CMCSA ) down 6 percent.
Top Headline
Macy's Inc (NYSE: M ) reported better-than-expected earnings for its fourth quarter.
The company said it earned $2.82 per share in the fourth quarter on revenue of $8.67 billion versus expectations of $2.71 per share on revenue of $8.68 billion.
Macy's expects FY18 sales to be down 0.5 percent to 2 percent and adjusted earnings of $3.55 to $3.75 per share.
Equities Trading UP
Mallinckrodt PLC (NYSE: MNK ) shares shot up 26 percent to $20.45 as the company reported upbeat results for its fourth quarter.
Shares of LSB Industries, Inc. (NYSE: LXU ) got a boost, shooting up 19 percent to $8.45. LSB Industries reported Q4 earnings from continuing operations of $(0.30) per share on sales of $88.917 million.
Dillard's, Inc. (NYSE: DDS ) shares were also up, gaining 14 percent to $80.67 after the company posted better-than-expected quarterly results.
Equities Trading DOWN
Akorn, Inc. (NYSE: AKRX ) shares dropped 34 percent to $20.10 after Fresenius Kabi AG announced an independent investigation into alleged breaches of FDA data integrity requirements related to product development. Akorn later released a statement confirming its active participation in the probe.
Shares of InspireMD Inc (NYSE: NSPR ) were down 31 percent to $2.69. InspireMD priced its 1 million share offering at $3 per share. . Akcea Therapeutics Inc (NASDAQ: AKCA ) was down, falling around 28 percent to $16.19 as the company posted a wider-than-expected quarterly loss. Cowen & Co. downgraded Akcea Therapeutics from Outperform to Market Perform, while Wells Fargo downgraded the stock from Outperform to Market Perform.
Commodities
In commodity news, oil traded down 1.61 percent to $62.88 while gold traded down 1.12 percent to $1,317.90.
Silver traded down 1.37 percent Tuesday to $16.395, while copper fell 1.5 percent to $3.176.
Eurozone
European shares were mostly lower today. The eurozone's STOXX 600 fell 0.19 percent, the Spanish Ibex Index fell 0.08 percent, while Italy's FTSE MIB Index gained 0.08 percent. Meanwhile the German DAX dropped 0.29 percent, and the French CAC 40 fell 0.12 percent while U.K. shares fell 0.10 percent.
Economics
U.S. durable goods orders declined 3.7 percent for January, versus economists' expectations for a 1.7 percent drop.
The trade gap in goods increased 3 percent to $74.4 billion in January.
Retail inventories gained 0.8 percent in January, while wholesale inventories rose 0.7 percent.
The Johnson Redbook Retail Sales Index declined 0.6 percent during the first three weeks of February versus January. The S&P CoreLogic Case-Shiller composite home price index gained 6.3 percent year-over-year in December.
The Conference Board's Consumer Confidence Index gained to 130.80 for February, versus prior reading of 125.40. Economists expected a reading of 126.20.
The Richmond Fed manufacturing index climbed to 28.00 in February, versus previous reading of 14.00. Economists were projecting a reading of 15.00.
Data on farm prices for January will be released at 3:00 p.m. ET.
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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 ) shares were also up, gaining 14 percent to $80.67 after the company posted better-than-expected quarterly results. Equities Trading UP Mallinckrodt PLC (NYSE: MNK ) shares shot up 26 percent to $20.45 as the company reported upbeat results for its fourth quarter. Equities Trading DOWN Akorn, Inc. (NYSE: AKRX ) shares dropped 34 percent to $20.10 after Fresenius Kabi AG announced an independent investigation into alleged breaches of FDA data integrity requirements related to product development.
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Dillard's, Inc. (NYSE: DDS ) shares were also up, gaining 14 percent to $80.67 after the company posted better-than-expected quarterly results. The company said it earned $2.82 per share in the fourth quarter on revenue of $8.67 billion versus expectations of $2.71 per share on revenue of $8.68 billion. Equities Trading DOWN Akorn, Inc. (NYSE: AKRX ) shares dropped 34 percent to $20.10 after Fresenius Kabi AG announced an independent investigation into alleged breaches of FDA data integrity requirements related to product development.
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Dillard's, Inc. (NYSE: DDS ) shares were also up, gaining 14 percent to $80.67 after the company posted better-than-expected quarterly results. Macy's expects FY18 sales to be down 0.5 percent to 2 percent and adjusted earnings of $3.55 to $3.75 per share. The eurozone's STOXX 600 fell 0.19 percent, the Spanish Ibex Index fell 0.08 percent, while Italy's FTSE MIB Index gained 0.08 percent.
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Dillard's, Inc. (NYSE: DDS ) shares were also up, gaining 14 percent to $80.67 after the company posted better-than-expected quarterly results. Top Headline Macy's Inc (NYSE: M ) reported better-than-expected earnings for its fourth quarter. Silver traded down 1.37 percent Tuesday to $16.395, while copper fell 1.5 percent to $3.176.
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719745.0
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2018-02-27 00:00:00 UTC
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After Macy's and Dillard's Beat, Will Nordstrom Extend Retail Earnings Streak?
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https://www.nasdaq.com/articles/after-macys-and-dillards-beat-will-nordstrom-extend-retail-earnings-streak-2018-02-27
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Shares of several major department store retailers gained on Tuesday morning following positive earnings from Macy's M and Dillard's DDS . With several more players in the industry set to report this week, the focus will now shift to the likes of Nordstrom JWN to continue the trend of strong results.
Macy's shares climbed more than 11% in early trading following the release of its latest report. The industry bellwether posted adjusted earnings of $2.82 per share, beating the Zacks Consensus Estimate of $2.69.
The company saw revenue figures of $8.67 billion, missing our consensus estimate of $8.72 billion but improving 1.8% from the year-ago period. Same-store sales increased 1.3% during the holiday quarter (also read: Macy's Soars on Earnings Beat & Strong Guidance ).
Macy's expects fiscal 2018 earnings to fall in the range of $3.55 to $3.75 per share-well ahead of our current Zacks Consensus Estimate of $2.89. Management also said that it expects comps to be flat to up 1% on the year.
Meanwhile, department store chain Dillard's also topped earnings expectations. The company reported adjusted profits of $2.82 per share, crushing the Zacks Consensus Estimate of $1.82 and soaring more than 50% on a year-over-year basis. Dillard's shares popped more than 15% in the wake of the report.
Upbeat results from Macy's and Dillard's helped lift fellow retailers, including Kohl's KSS and JCPenney JCP on Tuesday morning. The SPDR S&P Retail ETF XRT was up nearly 1% in early trading hours.
But now the attention will turn to those yet to report this week, including Macy's rival Nordstrom. The Nordstrom family is expected to finalize a go-private deal soon, and that premium is likely factored into the stock already. However, the company's results will still be a great indicator of the health of the retail industry right now, so investors will want to pay close attention.
So what does Nordstrom have in store? Let's take a closer look.
Latest Outlook
Based on our latest consensus estimates, we expect Nordstrom to report adjusted earnings of $1.24 per share and total revenues of $4.61 billion. This bottom line result would represent a year-over-year slump of 9.5%, but the company's top line is expected to improve by more than 6.8%.
Nordstrom already posted its November and December sales figures, reporting revenue growth of 2.5% and comps growth of 1.2% for that period.
Earnings ESP
Investors will also want to anticipate the likelihood that Nordstrom surprises investors with better-than-anticipated earnings results. For this, we turn to our Earnings ESP figure.
Zacks Earnings ESP (Expected Surprise Prediction) looks to find earnings surprises by focusing on the most recent analyst estimates. This is done because, generally speaking, when an analyst posts an estimate right before an earnings release, it means that they have fresh information which could potentially be more accurate than what analysts thought about a company two or three months ago.
A positive Earnings ESP paired with a Zacks Rank #3 (Hold) or better ranking helps us feel confident about the potential for an earnings beat. In fact, our 10-year backtest has revealed that this methodology has accurately produced a positive surprise 70% of the time.
Just a few days before its report, JWN is sporting a Zacks Rank #2 (Buy) and an Earnings ESP of -0.72. This is because the company's Most Accurate Estimate for earnings sits at $1.23 per share, meaning that the most recent analyst estimates have been lower than the consensus.
Despite the stock's strong Zacks Rank, our model does not conclusively indicate that we are in store for a beat.
Want more market analysis from this author? Make sure to follow @ Ryan_McQueeneyon Twitter!
Zacks Top 10 Stocks for 2018
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018?
Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. 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.
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SPDR-SP RET ETF (XRT): ETF Research Reports
Nordstrom, Inc. (JWN): Free Stock Analysis Report
Macy's Inc (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report
Kohl's Corporation (KSS): 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.
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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Shares of several major department store retailers gained on Tuesday morning following positive earnings from Macy's M and Dillard's DDS . Click to get this free report SPDR-SP RET ETF (XRT): ETF Research Reports Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. With several more players in the industry set to report this week, the focus will now shift to the likes of Nordstrom JWN to continue the trend of strong results.
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Shares of several major department store retailers gained on Tuesday morning following positive earnings from Macy's M and Dillard's DDS . Click to get this free report SPDR-SP RET ETF (XRT): ETF Research Reports Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Upbeat results from Macy's and Dillard's helped lift fellow retailers, including Kohl's KSS and JCPenney JCP on Tuesday morning.
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Click to get this free report SPDR-SP RET ETF (XRT): ETF Research Reports Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of several major department store retailers gained on Tuesday morning following positive earnings from Macy's M and Dillard's DDS . Latest Outlook Based on our latest consensus estimates, we expect Nordstrom to report adjusted earnings of $1.24 per share and total revenues of $4.61 billion.
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Shares of several major department store retailers gained on Tuesday morning following positive earnings from Macy's M and Dillard's DDS . Click to get this free report SPDR-SP RET ETF (XRT): ETF Research Reports Nordstrom, Inc. (JWN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Earnings ESP (Expected Surprise Prediction) looks to find earnings surprises by focusing on the most recent analyst estimates.
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2018-02-27 00:00:00 UTC
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Mid-Morning Market Update: Markets Open Higher; Macy's Profit Tops Estimates
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https://www.nasdaq.com/articles/mid-morning-market-update-markets-open-higher-macys-profit-tops-estimates-2018-02-27
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Following the market opening Tuesday, the Dow traded up 0.20 percent to 25,760.73 while the NASDAQ climbed 0.09 percent to 7,427.92. The S&P also rose, gaining 0.16 percent to 2,784.10.
Leading and Lagging Sectors
Tuesday morning, the energy shares climbed 0.22 percent. Meanwhile, top gainers in the sector included PDC Energy Inc (NASDAQ: PDCE ), up 5 percent, and Flotek Industries Inc (NYSE: FTK ), up 3 percent.
In trading on Tuesday, telecommunications services shares fell 0.89 percent. Meanwhile, top losers in the sector included Internet Initiative Japan Inc. (ADR) (NASDAQ: IIJI ), down 9 percent, and Comcast Corporation (NASDAQ: CMCSA ) down 5 percent.
Top Headline
Macy's Inc (NYSE: M ) reported better-than-expected earnings for its fourth quarter.
The company said it earned $2.82 per share in the fourth quarter on revenue of $8.67 billion versus expectations of $2.71 per share on revenue of $8.68 billion.
Macy's expects FY18 sales to be down 0.5 percent to 2 percent and adjusted earnings of $3.55 to $3.75 per share.
Equities Trading UP
Mallinckrodt PLC (NYSE: MNK ) shares shot up 27 percent to $20.60 as the company reported upbeat results for its fourth quarter.
Shares of Tenet Healthcare Corp (NYSE: THC ) got a boost, shooting up 12 percent to $21.37 after the company reported stronger-than-expected earnings for its fourth quarter and raised its full-year forecast.
Dillard's, Inc. (NYSE: DDS ) shares were also up, gaining 17 percent to $82.92 after the company posted better-than-expected quarterly results.
Equities Trading DOWN
Akorn, Inc. (NYSE: AKRX ) shares dropped 31 percent to $20.90 after Fresenius Kabi AG announced an independent investigation into alleged breaches of FDA data integrity requirements related to product development. Akorn later released a statement confirming its active participation in the probe.
Shares of InspireMD Inc (NYSE: NSPR ) were down 31 percent to $2.69. InspireMD priced its 1 million share offering at $3 per share. . NutriSystem Inc. (NASDAQ: NTRI ) was down, falling around 24 percent to $30.35 after reporting fourth quarter results. Adjusted earnings came in at 42 cents per share while sales came in at $131 million, up from $109 million in the same quarter of last year. The company also raised its quarterly dividend from 17 cents per share to 25 cents per share.
Commodities
In commodity news, oil traded down 0.42 percent to $63.64 while gold traded down 0.11 percent to $1,331.40.
Silver traded up 0.14 percent Tuesday to $16.645, while copper fell 0.84 percent to $3.1975.
Eurozone
European shares were mostly lower today. The eurozone's STOXX 600 fell 0.31 percent, the Spanish Ibex Index fell 0.15 percent, while Italy's FTSE MIB Index slipped 0.01 percent. Meanwhile the German DAX dropped 0.42 percent, and the French CAC 40 fell 0.13 percent while U.K. shares rose 0.15 percent.
Economics
U.S. durable goods orders declined 3.7 percent for January, versus economists' expectations for a 1.7 percent drop.
The trade gap in goods increased 3 percent to $74.4 billion in January.
Retail inventories gained 0.8 percent in January, while wholesale inventories rose 0.7 percent.
The Johnson Redbook Retail Sales Index declined 0.6 percent during the first three weeks of February versus January. The S&P CoreLogic Case-Shiller composite home price index gained 6.3 percent year-over-year in December.
The Conference Board's Consumer Confidence Index gained to 130.80 for February, versus prior reading of 125.40. Economists expected a reading of 126.20.
The Richmond Fed manufacturing index climbed to 28.00 in February, versus previous reading of 14.00. Economists were projecting a reading of 15.00.
The Treasury will auction 4-and 52-week bills at 11:30 a.m. ET.
Data on farm prices for January will be released at 3:00 p.m. ET.
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Profit with More New & Research . Gain access to a streaming platform with all the information you need to invest better today. Click here to start your 14 Day Trial of Benzinga Professional
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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 ) shares were also up, gaining 17 percent to $82.92 after the company posted better-than-expected quarterly results. Equities Trading UP Mallinckrodt PLC (NYSE: MNK ) shares shot up 27 percent to $20.60 as the company reported upbeat results for its fourth quarter. Shares of Tenet Healthcare Corp (NYSE: THC ) got a boost, shooting up 12 percent to $21.37 after the company reported stronger-than-expected earnings for its fourth quarter and raised its full-year forecast.
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Dillard's, Inc. (NYSE: DDS ) shares were also up, gaining 17 percent to $82.92 after the company posted better-than-expected quarterly results. The company said it earned $2.82 per share in the fourth quarter on revenue of $8.67 billion versus expectations of $2.71 per share on revenue of $8.68 billion. Economics U.S. durable goods orders declined 3.7 percent for January, versus economists' expectations for a 1.7 percent drop.
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Dillard's, Inc. (NYSE: DDS ) shares were also up, gaining 17 percent to $82.92 after the company posted better-than-expected quarterly results. Macy's expects FY18 sales to be down 0.5 percent to 2 percent and adjusted earnings of $3.55 to $3.75 per share. The eurozone's STOXX 600 fell 0.31 percent, the Spanish Ibex Index fell 0.15 percent, while Italy's FTSE MIB Index slipped 0.01 percent.
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Dillard's, Inc. (NYSE: DDS ) shares were also up, gaining 17 percent to $82.92 after the company posted better-than-expected quarterly results. Top Headline Macy's Inc (NYSE: M ) reported better-than-expected earnings for its fourth quarter. The company said it earned $2.82 per share in the fourth quarter on revenue of $8.67 billion versus expectations of $2.71 per share on revenue of $8.68 billion.
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719747.0
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2018-02-27 00:00:00 UTC
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Will AB InBev (BUD) Dismal Earnings Trend Continue in Q4?
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DDS
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https://www.nasdaq.com/articles/will-ab-inbev-bud-dismal-earnings-trend-continue-in-q4-2018-02-27
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Anheuser-Busch InBev SA/NVBUD , also known as AB InBev, is slated to release fourth-quarter 2017 results on Mar 1. Last quarter, the company reported a negative earnings surprise of 12.7%.
In fact, AB InBev has been missing estimates for the last seven quarters. It recorded an average negative surprise of 28.4% in the trailing four quarters. Let's see how things are shaping up prior this announcement.
What to Expect
The Zacks Consensus Estimate for the quarter under review is pegged at $1.10 per share, reflecting year-over-year growth of 155.8%. Moreover, the estimate has been stable in the last 30 days. Analysts polled by Zacks anticipate total revenues of 14.5 billion, which reflects growth of 2.2% year over year.
Anheuser-Busch Inbev SA Price and EPS Surprise
Anheuser-Busch Inbev SA Price and EPS Surprise | Anheuser-Busch Inbev SA Quote
Additionally, the AB InBev stock has been witnessing a downtrend lately, mainly due to the dismal performance. The stock has declined 7.2% in the last three months, wider than the industry 's 1.6% fall. This reflects that the market has been bearish on the stock in the recent past.
Factors at Play
AB InBev has put up a dismal show lately as it continues to battle soft volumes, higher cost of sales, adverse currency impacts and consumers' changing preferences. Management believes that cost of sales will continue to rise, owing to the lingering currency woes and growth of premium brands. Management also anticipates that some of its core regions will remain volatile. These factors are likely to dent the company's performance.
Further, consumers' shifting preference toward booming craft spirits in the United States might take a toll on the growth of the company's Budweiser brand. Apparently, in the last quarter, Budweiser brand's revenues fell 2.2%.
However, AB InBev's robust brand portfolio and solid geographical reach remain its major strength. Further, given the rising demand for craft beer space, we expect the company to benefit from its constant expansion in this category. Also, it keeps introducing near-beer alternatives along with no- and low-alcohol beers, which is encouraging.
Though the expansion might take time, we believe that AB InBev will return to its growth trajectory backed by its strength of Budweiser brand and robust initiatives.
What the Zacks Model Unveils?
Our proven model does not conclusively show that AB InBev is likely to beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
AB InBev has an Earnings ESP of 0.00% and a Zacks Rank #3. While the company's Rank increases the predictive power of ESP, we need to have a positive ESP to be confident about an earnings surprise.
Stocks Poised to Beat Earnings Estimates
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Ross Stores, Inc. ROST has an Earnings ESP of +1.37% and a Zacks Rank #1.
Dollar Tree, Inc. DLTR has an Earnings ESP of +1.99% and a Zacks Rank #2.
Zacks Top 10 Stocks for 2018
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018?
Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. 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 2018 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
Anheuser-Busch Inbev SA (BUD): Free Stock Analysis Report
Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
Ross Stores, Inc. (ROST): 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.
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 Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Click to get this free report Anheuser-Busch Inbev SA (BUD): Free Stock Analysis Report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ross Stores, Inc. (ROST): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Factors at Play AB InBev has put up a dismal show lately as it continues to battle soft volumes, higher cost of sales, adverse currency impacts and consumers' changing preferences.
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Click to get this free report Anheuser-Busch Inbev SA (BUD): Free Stock Analysis Report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ross Stores, Inc. (ROST): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Anheuser-Busch Inbev SA Price and EPS Surprise Anheuser-Busch Inbev SA Price and EPS Surprise | Anheuser-Busch Inbev SA Quote Additionally, the AB InBev stock has been witnessing a downtrend lately, mainly due to the dismal performance.
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Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Click to get this free report Anheuser-Busch Inbev SA (BUD): Free Stock Analysis Report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ross Stores, Inc. (ROST): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Anheuser-Busch Inbev SA Price and EPS Surprise Anheuser-Busch Inbev SA Price and EPS Surprise | Anheuser-Busch Inbev SA Quote Additionally, the AB InBev stock has been witnessing a downtrend lately, mainly due to the dismal performance.
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Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Click to get this free report Anheuser-Busch Inbev SA (BUD): Free Stock Analysis Report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ross Stores, Inc. (ROST): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Last quarter, the company reported a negative earnings surprise of 12.7%.
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2018-02-27 00:00:00 UTC
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What Happened in the Stock Market Today
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https://www.nasdaq.com/articles/what-happened-stock-market-today-2018-02-27
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After attempting to extend its recent rally with an early surge, the stock market gave back some of yesterday's gains amid concerns that the U.S. Federal Reserve could raise interest rates more quickly than expected given the current strength of the economy. The Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) declined just over 1%.
Today's stock market
Data source: Yahoo! Finance.
Retail stocks were among today's biggest losers, with the SPDR S&P Retail ETF (NYSEMKT: XRT) down 2%. Meanwhile, financials stocks helped stem declines elsewhere, with the Financial Select Sector SPDR Fund (NYSEMKT: XLF) falling just under 1% -- but only after spending the bulk of today's trading session in positive territory.
As for individual stocks, wildly contrasting earnings news sent shares of Dillard's (NYSE: DDS) and Fitbit (NYSE: FIT) in drastically different directions today.
Dillard's sustains its momentum
Shares of Dillard's skyrocketed 16.9% today after the department store chain delivered impressive quarterly results. Net sales climbed 6.5% year over year to $2.061 billion, including 3% comparable-store sales growth. Gross margin also improved 48 basis points year over year to 30.5%, and adjusted earnings per share soared 64% to $2.82. Both the top and bottom lines trounced Wall Street's consensus expectations, which called for earnings of only $1.77 per share on revenue of $2.03 billion.
Keeping in mind Dillard's stock also popped more than 18% in November following an equally strong quarter and favorable holiday sales results, CEO William Dillard II stated:
That said, Dillard's declined to offer specific financial guidance for the coming year. But given its sustained momentum and relative outperformance so far, it's no surprise to see shares traded at a fresh 52-week high today.
Fitbit's holiday-quarter sales fall yet again
Meanwhile, shares of Fitbit dropped 12.3% today after the wearable technology specialist announced underwhelming fourth-quarter 2017 results and weak forward guidance. Revenue fell 0.5% to $570.8 million, as a nearly 17% decline in the number of devices sold (to 5.4 million) was offset by the higher price of Fitbit's new Ionic smartwatches. On the bottom line, that translated to an adjusted net loss of $4.7 million, or $0.02 per share.
But Fitbit management wasn't pleased.
"Ionic sales outpaced the trajectory of our prior highest-priced device, our legacy GPS watch Fitbit Search," stated Fitbit CEO James Park during the subsequent call. "However, we had more aggressive goals for Ionic."
In particular, Fitbit believes Ionic sales were hurt by a combination of aggressive promotions during the holidays, delays in the availability of its software development kit (SDK), and a limited number of apps available at launch.
Worse yet, with the crucial holiday season now finished, Fitbit expects revenue in the first quarter will decline in the range of 20% to 15% year over year, which should result in an adjusted loss per share of $0.21 to $0.18. By comparison, Wall Street was modeling a loss of $0.09 per share on a more modest 13.8% decline in sales. Finally, for full-year 2018, Fitbit expects revenue of $1.5 billion, down from $1.62 billion in 2017 and far below expectations for 8% growth .
In the end, Fitbit's Ionic couldn't deliver when it mattered the most . And given an absence of sales growth and sustained profitability, it's hard to blame investors for taking a big step back today.
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Steve Symington has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Fitbit. 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.
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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As for individual stocks, wildly contrasting earnings news sent shares of Dillard's (NYSE: DDS) and Fitbit (NYSE: FIT) in drastically different directions today. After attempting to extend its recent rally with an early surge, the stock market gave back some of yesterday's gains amid concerns that the U.S. Federal Reserve could raise interest rates more quickly than expected given the current strength of the economy. Both the top and bottom lines trounced Wall Street's consensus expectations, which called for earnings of only $1.77 per share on revenue of $2.03 billion.
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As for individual stocks, wildly contrasting earnings news sent shares of Dillard's (NYSE: DDS) and Fitbit (NYSE: FIT) in drastically different directions today. Both the top and bottom lines trounced Wall Street's consensus expectations, which called for earnings of only $1.77 per share on revenue of $2.03 billion. Keeping in mind Dillard's stock also popped more than 18% in November following an equally strong quarter and favorable holiday sales results, CEO William Dillard II stated: That said, Dillard's declined to offer specific financial guidance for the coming year.
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As for individual stocks, wildly contrasting earnings news sent shares of Dillard's (NYSE: DDS) and Fitbit (NYSE: FIT) in drastically different directions today. Keeping in mind Dillard's stock also popped more than 18% in November following an equally strong quarter and favorable holiday sales results, CEO William Dillard II stated: That said, Dillard's declined to offer specific financial guidance for the coming year. Fitbit's holiday-quarter sales fall yet again Meanwhile, shares of Fitbit dropped 12.3% today after the wearable technology specialist announced underwhelming fourth-quarter 2017 results and weak forward guidance.
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As for individual stocks, wildly contrasting earnings news sent shares of Dillard's (NYSE: DDS) and Fitbit (NYSE: FIT) in drastically different directions today. Net sales climbed 6.5% year over year to $2.061 billion, including 3% comparable-store sales growth. Worse yet, with the crucial holiday season now finished, Fitbit expects revenue in the first quarter will decline in the range of 20% to 15% year over year, which should result in an adjusted loss per share of $0.21 to $0.18.
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4201f541-3b8c-4c56-9575-7b27ce80cbba
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719749.0
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2018-02-27 00:00:00 UTC
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Why Department Store Stocks Soared Today
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DDS
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https://www.nasdaq.com/articles/why-department-store-stocks-soared-today-2018-02-27
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nan
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nan
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What happened
The retail earnings season kicked off with a boom Tuesday as strong earnings reports from Macy's (NYSE: M) and Dillard's (NYSE: DDS) drove stocks across the department store sector higher. Macy's and Dillard's surged up 5.4% and 12.5%, respectively, as of 10:44 a.m. EST, and drove up peers like J.C. Penney (NYSE: JCP) and Sears Holdings (NASDAQ: SHLD) , which were up as much as 13.6% and 7%, respectively, early in the morning before cooling off later in the session.
J.C. Penney is set to report earnings on Friday, while Sears' results are expected later in March.
So what
Macy's easily bested analyst estimates in its fourth-quarter report as comparable sales on an owned basis increased 1.3% and were up 1.4% on an owned-plus-licensed basis, compared to expectations of a decline.
Overall revenue increased 1.8% to $8.67 billion as an extra week in the fiscal calendar counteracted the impact of store closures, but that was just below the Thomson Reuters consensus at $8.68 billion. Adjusted earnings per share surged from $2.02 to $2.82 as the company reduced selling, general, and administrative costs by 120 basis points and recorded a $368 million gain from real estate sales, including its men's store in San Francisco. That EPS result topped estimates at $2.71.
CEO Jeff Gennette called the fourth quarter "solid," adding, "We are encouraged to see a trend improvement in our brick & mortar business, and we had the 34th consecutive quarter of double-digit growth in our digital business."
At Dillard's, meanwhile, results also topped expectations as the department store chain posted 3% comparable sales growth in the period and said net sales increased 6.5% to $2.06 billion, which included an extra week in the fiscal quarter and edged out the analyst consensus at $2.05 billion. Gross margin improved 48 basis points to 30.5%, and adjusted earnings per share soared from $1.72 to $2.82, which crushed estimates of $1.82.
"The positive sales trends we noted at the end of the third quarter continued through the fourth," said Dillard's CEO William T. Dillard II. "Our 3% comparable store sales increase combined with gross margin improvement and relative expense control led to a notable increase in pre-tax income for the quarter. We are working to keep this momentum into 2018."
Now what
Macy's stock cooled off during the earnings call after management elaborated on guidance, saying growth would be slower in the first half of the year, which may have pressured other retail stocks lower as it hurt expectations that industry momentum would continue into the new year. Still, full-year guidance was strong as the company projected a comparable sales increase of flat to 1%, and sees revenue falling 0.5% to 2% due to store closures, which includes losing a week, in the fiscal year. It also expects earnings per share of $3.55 to $3.75, down from an adjusted mark of $3.77 in 2017, but EPS is expected to grow when asset sales are factored out. Both forecasts were better than the analyst consensus at $3.04 for EPS and a 2.3% decline in revenue.
Dillard's did not include guidance in its earnings release, but given its strong comparable sales growth and improving gross margins, the company has solid momentum going into 2018.
Department store stocks and other retailers got off to a strong start this year after robust holiday sales and the corporate tax cut . Macy's and Dillard's reports indicate that that momentum continued into January, which should bode well for its peers. We'll learn more when J.C. Penney, Kohl's , and Nordstrom report earnings later this week.
10 stocks we like better than Macy's
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Jeremy Bowman owns shares of J.C. Penney. The Motley Fool recommends Nordstrom. 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.
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 The retail earnings season kicked off with a boom Tuesday as strong earnings reports from Macy's (NYSE: M) and Dillard's (NYSE: DDS) drove stocks across the department store sector higher. Macy's and Dillard's surged up 5.4% and 12.5%, respectively, as of 10:44 a.m. EST, and drove up peers like J.C. Penney (NYSE: JCP) and Sears Holdings (NASDAQ: SHLD) , which were up as much as 13.6% and 7%, respectively, early in the morning before cooling off later in the session. Adjusted earnings per share surged from $2.02 to $2.82 as the company reduced selling, general, and administrative costs by 120 basis points and recorded a $368 million gain from real estate sales, including its men's store in San Francisco.
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What happened The retail earnings season kicked off with a boom Tuesday as strong earnings reports from Macy's (NYSE: M) and Dillard's (NYSE: DDS) drove stocks across the department store sector higher. Gross margin improved 48 basis points to 30.5%, and adjusted earnings per share soared from $1.72 to $2.82, which crushed estimates of $1.82. Dillard's did not include guidance in its earnings release, but given its strong comparable sales growth and improving gross margins, the company has solid momentum going into 2018.
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What happened The retail earnings season kicked off with a boom Tuesday as strong earnings reports from Macy's (NYSE: M) and Dillard's (NYSE: DDS) drove stocks across the department store sector higher. At Dillard's, meanwhile, results also topped expectations as the department store chain posted 3% comparable sales growth in the period and said net sales increased 6.5% to $2.06 billion, which included an extra week in the fiscal quarter and edged out the analyst consensus at $2.05 billion. Now what Macy's stock cooled off during the earnings call after management elaborated on guidance, saying growth would be slower in the first half of the year, which may have pressured other retail stocks lower as it hurt expectations that industry momentum would continue into the new year.
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What happened The retail earnings season kicked off with a boom Tuesday as strong earnings reports from Macy's (NYSE: M) and Dillard's (NYSE: DDS) drove stocks across the department store sector higher. At Dillard's, meanwhile, results also topped expectations as the department store chain posted 3% comparable sales growth in the period and said net sales increased 6.5% to $2.06 billion, which included an extra week in the fiscal quarter and edged out the analyst consensus at $2.05 billion. Dillard's did not include guidance in its earnings release, but given its strong comparable sales growth and improving gross margins, the company has solid momentum going into 2018.
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d1c4b896-ad8c-4ac3-a47e-bf70f41610b6
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719750.0
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2018-02-26 00:00:00 UTC
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Factors Setting the Tone for Foot Locker (FL) in Q4 Earnings
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DDS
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https://www.nasdaq.com/articles/factors-setting-the-tone-for-foot-locker-fl-in-q4-earnings-2018-02-26
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nan
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nan
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Foot Locker, Inc.FL is slated to release fourth-quarter fiscal 2017 results on Mar 2. Well the obvious question that comes to mind is whether this retailer of athletic shoes and apparel will be able to deliver a positive earnings surprise in the quarter to be reported.
In the trailing four quarters, the company missed the Zacks Consensus Estimate by an average of 4.8%. Nonetheless, in the preceding quarter the company posted positive earnings surprise of 8.8%.
The Zacks Consensus Estimate for the quarter under review has increased by a couple of cents in the past 30 days and is currently pegged at $1.25. However, it shows a sharp decline from earnings of $1.37 per share reported in the year-ago period.
Let's analyze the factors influencing the company's performance.
Factors at Play
Foot Locker is certainly trying to improve performance through operational and financial initiatives. Management believes that capitalizing on opportunities like kids' and women's business, shop-in-shop expansion in partnership with its vendors, store banner.com business, store refurbishment and enhancement of assortments, is likely to benefit the company in the long run. It is focusing on augmenting e-commerce platform, growing direct-to-consumer operations and tapping underpenetrated markets.
Industry experts believe that these endeavors are likely to support the top line. Analysts polled by Zacks expect fourth-quarter revenue to come in at $2,221 million, up roughly 5% year over year, following declines of 0.8% and 4.4% in the preceding two quarters.
In spite of expected increase in the total revenue, gross margin is likely to remain under pressure in the quarter. Foot Locker had earlier projected gross margin (on a 13-week basis) to contract in the range of 220-240 basis points in the final quarter of fiscal 2017 due to higher markdowns.
During the third quarter, gross margin contracted 290 basis points to 31% of sales primarily due to fall in merchandise margin on account of higher markdowns to pull traffic and clear slow-moving inventory. Gross margin had contracted 340 and 100 basis points in the second and first quarter, respectively.
Further, SG&A as a percentage of sales is likely to be up 60-80 basis points in the fourth quarter. SG&A expense rate increased 30 basis points to 19.7% during the third quarter.
As a result, the bottom line is likely to decline in the quarter. Foot Locker had earlier forecasted earnings per share to decline in the range of 15-25% in the fourth quarter, excluding the benefit of 12 cents a share from 53rd week. In the third, second and first quarter, the same has declined 23%, 34% and 2.2%, respectively.
Foot Locker, Inc. Price, Consensus and EPS Surprise
Foot Locker, Inc. Price, Consensus and EPS Surprise | Foot Locker, Inc. Quote
What the Zacks Model Unveils?
Our proven model shows that Foot Locker is likely to beat estimates this quarter. A stock needs to have both a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Foot Locker carries a Zacks Rank #2 and has an Earnings ESP of +3.88%. This makes us reasonably confident about the bottom line outperforming the estimate.
Other Stocks Poised to Beat Earnings Estimates
Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat:
Dillard's DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Best Buy BBY has an Earnings ESP of +4.59% and a Zacks Rank #2.
L Brands LB has an Earnings ESP of +0.41% and a Zacks Rank #3.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker 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
Foot Locker, Inc. (FL): Free Stock Analysis Report
L Brands, Inc. (LB): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): 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.
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 Poised to Beat Earnings Estimates Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat: Dillard's DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Click to get this free report Foot Locker, Inc. (FL): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Well the obvious question that comes to mind is whether this retailer of athletic shoes and apparel will be able to deliver a positive earnings surprise in the quarter to be reported.
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Click to get this free report Foot Locker, Inc. (FL): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks Poised to Beat Earnings Estimates Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat: Dillard's DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Foot Locker had earlier projected gross margin (on a 13-week basis) to contract in the range of 220-240 basis points in the final quarter of fiscal 2017 due to higher markdowns.
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Other Stocks Poised to Beat Earnings Estimates Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat: Dillard's DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Click to get this free report Foot Locker, Inc. (FL): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Foot Locker, Inc. Price, Consensus and EPS Surprise Foot Locker, Inc. Price, Consensus and EPS Surprise | Foot Locker, Inc. Quote What the Zacks Model Unveils?
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Other Stocks Poised to Beat Earnings Estimates Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat: Dillard's DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Click to get this free report Foot Locker, Inc. (FL): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Foot Locker, Inc. Price, Consensus and EPS Surprise Foot Locker, Inc. Price, Consensus and EPS Surprise | Foot Locker, Inc. Quote What the Zacks Model Unveils?
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a64ecfe0-f58f-4c97-8771-94a76b9bde20
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719751.0
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2018-02-26 00:00:00 UTC
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Factors Likely to Influence Office Depot's (ODP) Q4 Earnings
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DDS
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https://www.nasdaq.com/articles/factors-likely-to-influence-office-depots-odp-q4-earnings-2018-02-26
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nan
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nan
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Office Depot, Inc.ODP , which is slated to release fourth-quarter 2017 results on Feb 28, has seen shares plunge 26.8% in the past six months. The stock has not only underperformed the industry that grew 4.8% but also the broader Retail-Wholesale sector that advanced 21.6%.
For quite some time now, Office Depot has been grappling with dwindling top-line performance. Analysts pointed out that demand for office products (paper-based) has been decreasing due to technological advancements. Smartphones, tablets and laptops are fast emerging as viable substitutes for paper-based office supplies. Further, stiff competition from online retailers, loss of customers in Business Solutions Division and soft store traffic have been playing spoilsport.
Nevertheless, management is not sitting idle, and instead trying all means to bring the stock back on growth trajectory. The company is closing underperforming stores, reducing exposure to higher dollar-value inventory items, shuttering non-critical distribution facilities, concentrating on e-commerce platforms as well as focusing on offering innovative products and services.
Which Way are the Estimates Treading?
The question lingering in investors' minds is whether this supplier of a range of office products and services will be able to post positive earnings surprise in the quarter to be reported. In the preceding quarter, it had reported in-line earnings.
Let's look at earnings estimate revisions in order to get a clear picture of what analysts are thinking about the company prior to the release. The current Zacks Consensus Estimate for the quarter under review has decreased by a penny in the last 30 days, and is currently pegged at 7 cents. The consensus estimate shows a sharp decline from 11 cents reported in the year-ago quarter.
Office Depot, Inc. Price, Consensus and EPS Surprise
Office Depot, Inc. Price, Consensus and EPS Surprise | Office Depot, Inc. Quote
Factors Influencing the Quarterly Results
Top-Line Likely to Decline Again
Office Depot continues to battle a dismal top-line. Total sales had declined 7%, 9% and 8% in the first, second and third quarter of 2017, respectively. Management expects total sales to be lower in 2017 in comparison with 2016, owing to the store closures, tough market conditions, hurricane impacts and losses of contract customers. We also noted that comparable-store sales have tumbled 5%, 6% and 5% in the respective quarters.
However, management anticipates the rate of sales decline to decelerate in the final quarter after taking into consideration higher customer retention and strategic endeavors, along with the implementation of new customer wins. Analysts polled by Zacks expect fourth-quarter revenue to be $2,541 million, reflecting a year-over-year decline of 6.8%.
Are Remedies Undertaken Sufficient?
Office Depot has undertaken a strategic review of business operating model, growth prospects and cost structure with primary focus on core North American market. The company by increasing penetration into adjacent categories and enhancing share of wallet with existing customers intends to boost sales in the contract channel.
With respect to the cost containment effort, Office Depot is employing a more efficient customer coverage model, focusing on lowering indirect procurement costs as well as general and administrative expenditures, and also gaining from its U.S. retail store optimization plan.
To widen its domain of offerings, Office Depot acquired CompuCom Systems to acclimatize to the rapidly changing retail landscape along with providing enterprise-level tech services and products to customers. The company also launched a new subscription-based business services platform, BizBox, to assist start-ups and small businesses on host of things such as website designing, financing and accounting service, HR/payroll support and others.
What Does the Zacks Model Unveil?
Our proven model does not conclusively show that Office Depot is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Office Depot carries a Zacks Rank #3 but has an Earnings ESP of 0.00%, consequently making the surprise prediction difficult.
Stocks Poised to Beat Earnings Estimates
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Dillard's DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Best Buy BBY has an Earnings ESP of +4.59% and a Zacks Rank #2.
L Brands LB has an Earnings ESP of +0.41% and a Zacks Rank #3.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker 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
L Brands, Inc. (LB): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Office Depot, Inc. (ODP): 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.
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 Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Click to get this free report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Office Depot, Inc. (ODP): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. The company is closing underperforming stores, reducing exposure to higher dollar-value inventory items, shuttering non-critical distribution facilities, concentrating on e-commerce platforms as well as focusing on offering innovative products and services.
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Click to get this free report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Office Depot, Inc. (ODP): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Office Depot, Inc. Price, Consensus and EPS Surprise Office Depot, Inc. Price, Consensus and EPS Surprise | Office Depot, Inc. Quote Factors Influencing the Quarterly Results Top-Line Likely to Decline Again Office Depot continues to battle a dismal top-line.
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Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Click to get this free report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Office Depot, Inc. (ODP): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Office Depot, Inc. Price, Consensus and EPS Surprise Office Depot, Inc. Price, Consensus and EPS Surprise | Office Depot, Inc. Quote Factors Influencing the Quarterly Results Top-Line Likely to Decline Again Office Depot continues to battle a dismal top-line.
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Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's DDS has an Earnings ESP of +15.83% and a Zacks Rank #1. Click to get this free report L Brands, Inc. (LB): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Office Depot, Inc. (ODP): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Total sales had declined 7%, 9% and 8% in the first, second and third quarter of 2017, respectively.
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6a93a655-b926-4810-96cb-b0205d1af378
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719752.0
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2018-02-26 00:00:00 UTC
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Healthcare, Vertex to Drive 3D Systems (DDD) Q4 Earnings?
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DDS
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https://www.nasdaq.com/articles/healthcare-vertex-to-drive-3d-systems-ddd-q4-earnings-2018-02-26
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nan
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nan
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3D Systems Corporation DDD is scheduled to report fourth-quarter and full-year 2017 results on Feb 28, after the closing bell.
The company has a dismal earnings surprise history, with earnings missing estimates by a huge margin in three of the trailing four quarters. This resulted in an average negative surprise of 83.8%. Last quarter, the company's earnings missed estimates by 281.8%.
Let's see how things are shaping up prior to this announcement.
Factors to Consider
3D Systems is poised to grow on the back of its strong healthcare business, which has proved to be a profit churner in the past quarters. The company is enjoying steady demand for its healthcare solutions and industrial offerings as well as strength in the EMEA region. However, the demand remains constrained in the Americas and the Asia-Pacific region, which can hurt revenues in the upcoming quarterly results.
Nevertheless, the company continues to witness steady performance of its Software business. We expect the segment to be one of the positive growth drivers in the upcoming results.
The company's focus on strengthening foothold on 3D printing industry foothold is expected to present a favorable long-term opportunity. As a matter of fact, majority of 3D Systems customers are shifting from prototyping to end-use production using 3D printing technology, and the company believes it is well-positioned to aid customers in their transition. This apart, demand for production printers, materials and software is expected to act as a major catalyst and support growth.
3D Systems Corporation Price, Consensus and EPS Surprise
3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote
Moreover, the company has been making acquisitions to diversify offerings, add synergistic technology and expand domain expertise in operating markets. In January 2017, it announced the acquisition of dental materials provider, Vertex-Global Holding B.V., which operates under the Vertex and NextDent brands.
Concurrent with third-quarter 2017 results, the company announced that it has conducted a deep and extensive review of inventory based on year-to-date demand, customer data and market trends. Consequently, the company recorded a significant adjustment to inventory. It implemented organizational changes to improve execution as well as increased investments as it shifts to a worldwide go-to-market structure.
In light of such major transformational initiatives, the company decided that it is not able to predict earnings and sales numbers accurately, and has thus decided to withdraw guidance.
Further, 3D Systems successfully improved cost structure and optimized supply chain through concerted restructuring efforts. We believe that such diligent restructuring efforts are likely to boost fourth-quarter financials.
However, the fact remains that the company's financial performances have been hit by unfavorable broader market conditions. Particularly, revenues from 3D printing products and services were significantly undermined due to a widespread decline in industry demand. Other headwinds, including economic slowdown, inflation, currency fluctuations and commodity prices vagaries have also affected performance. These factors are expected to dent revenues in the upcoming quarter as well.
In addition, the company's high operating and acquisition costs have hurt its near-term operating income performance. Further, the company also believes that investment in IT and go-to-market initiatives will result in higher expenses, consequently restricting near-term operating income growth.
Earnings Whispers
Our proven model does not show that 3D Systems is likely to beat estimates in this quarter. This is because a stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or at least 3 (Hold) for this to happen. This is not the case here as you will see below:
Zacks ESP: The company's Earnings ESP is +115.39%, as the Most Accurate Estimate is 4 cents while the Zacks Consensus Estimate is pegged at 2 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.
Zacks Rank: 3D Systems has a Zacks Rank #4 (Sell). We caution against stocks with a Zacks Rank #4 or 5 (Strong Sell) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks That Warrant a Look
Here are some companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this quarter:
Etsy, Inc. ETSY has an Earnings ESP of +31.34% and a Zacks Rank of 3. The company is expected to release quarterly numbers around Feb 27. You can see the complete list of today's Zacks #1 Rank stocks here.
Inogen, Inc. INGN , with an Earnings ESP of +25.30% and a Zacks Rank of 2, is slated to report results on Feb 27.
Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank of 1. The company is likely to release earnings on Feb 27.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker 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
3D Systems Corporation (DDD): Free Stock Analysis Report
Etsy, Inc. (ETSY): Free Stock Analysis Report
Inogen, Inc (INGN): 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.
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 has an Earnings ESP of +15.83% and a Zacks Rank of 1. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Etsy, Inc. (ETSY): Free Stock Analysis Report Inogen, Inc (INGN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Factors to Consider 3D Systems is poised to grow on the back of its strong healthcare business, which has proved to be a profit churner in the past quarters.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Etsy, Inc. (ETSY): Free Stock Analysis Report Inogen, Inc (INGN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank of 1. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote Moreover, the company has been making acquisitions to diversify offerings, add synergistic technology and expand domain expertise in operating markets.
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Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Etsy, Inc. (ETSY): Free Stock Analysis Report Inogen, Inc (INGN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank of 1. 3D Systems Corporation Price, Consensus and EPS Surprise 3D Systems Corporation Price, Consensus and EPS Surprise | 3D Systems Corporation Quote Moreover, the company has been making acquisitions to diversify offerings, add synergistic technology and expand domain expertise in operating markets.
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Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank of 1. Click to get this free report 3D Systems Corporation (DDD): Free Stock Analysis Report Etsy, Inc. (ETSY): Free Stock Analysis Report Inogen, Inc (INGN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Particularly, revenues from 3D printing products and services were significantly undermined due to a widespread decline in industry demand.
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c5fe9818-d1d7-4147-b6b2-108d98dbd42a
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719753.0
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2018-02-23 00:00:00 UTC
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Lowe's (LOW) Q4 Earnings: Will Comps Continue to Improve?
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DDS
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https://www.nasdaq.com/articles/lowes-low-q4-earnings%3A-will-comps-continue-to-improve-2018-02-23
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nan
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nan
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Lowe's Companies, Inc.LOW is scheduled to report fourth-quarter fiscal 2017 results on Feb 28. In the preceding quarter, the company's earnings surpassed the Zacks Consensus Estimate by a margin of 2.9%. This home improvement retailer also outperformed the consensus mark in the trailing four quarters by an average of 1.2%.
Which Way are Estimates Treading?
Let's look at earnings estimate revisions in order to get a clear picture of what analysts are thinking about the company prior to the release. Notably, the Zacks Consensus Estimate has been stable in the last 30 days. For the quarter under review, the consensus mark is pegged at 88 cents. This reflects an improvement of 2.3% from 86 cents in the year-ago quarter. Analysts polled by Zacks expect revenues of $15,288 million, down 3.1% year over year.
Factors at Play
An improving job scenario, housing market recovery, merchandising initiatives and post hurricane construction activities along with efforts to enhance omni-channel capabilities bode well for Lowe's. Moreover, the company's focus on strengthening its relationship with pro customers and solid performance of Canadian business is encouraging. It also remains well-positioned to reap the benefits of strategic acquisitions done earlier such as that of RONA.
In fact, the reflection of these endeavors is quite evident from a 5.7% rise in third-quarter comparable sales (comps), following an increase of 4.5% and 1.9% in the second and first quarter, respectively. Management had earlier projected total sales growth of approximately 5% with comps increase of about 3.5% for fiscal 2017.
Undoubtedly, the above discussion makes us optimistic about Lowe's performance in the soon-to-be reported quarter. However, threats emerging from cannibalization and stiff competition cannot be ignored. Also, we observed that the company's margin have been under pressure for quite some time now. Evidently, Lowe's gross margin had contracted a respective 25, 40, 10 and 43 basis points in the fourth, third, second and first quarters of fiscal 2016. The same also declined 64, 23 and 28 basis points to 34.4%, 34.2% and 34.1%, respectively, in the first, second and third quarters of fiscal 2017. Analysts believe that Lowe's focus on consumer messaging and investment in incremental customer-facing hours in its stores is likely to weigh on margins.
Lowe's Companies, Inc. Price, Consensus and EPS Surprise
Lowe's Companies, Inc. Price, Consensus and EPS Surprise | Lowe's Companies, Inc. Quote
What the Zacks Model Unveils
Our proven model shows that Lowe's is likely to beat estimates this quarter. This is because the stock has the right combination of two ingredients - a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP - for a likely positive surprise. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Lowe's has an Earnings ESP of +1.03% and a Zacks Rank #2. This makes us reasonably confident that the bottom line is likely to outperform estimates.
Other Stocks With Favorable Combination
Here are three companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank of 1. You can see the complete list of today's Zacks #1 Rank stocks here .
Burlington Stores, Inc. BURL has an Earnings ESP of +0.06% and a Zacks Rank #2.
Macy's, Inc. M has an Earnings ESP of +0.92% and a Zacks Rank #2.
Zacks Top 10 Stocks for 2018
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018?
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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
Lowe's Companies, Inc. (LOW): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis 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.
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 With Favorable Combination Here are three companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank of 1. Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis 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. Factors at Play An improving job scenario, housing market recovery, merchandising initiatives and post hurricane construction activities along with efforts to enhance omni-channel capabilities bode well for Lowe's.
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Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis 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. Other Stocks With Favorable Combination Here are three companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank of 1. Lowe's Companies, Inc. Price, Consensus and EPS Surprise Lowe's Companies, Inc. Price, Consensus and EPS Surprise | Lowe's Companies, Inc. Quote What the Zacks Model Unveils Our proven model shows that Lowe's is likely to beat estimates this quarter.
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Other Stocks With Favorable Combination Here are three companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank of 1. Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis 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. Lowe's Companies, Inc. Price, Consensus and EPS Surprise Lowe's Companies, Inc. Price, Consensus and EPS Surprise | Lowe's Companies, Inc. Quote What the Zacks Model Unveils Our proven model shows that Lowe's is likely to beat estimates this quarter.
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Other Stocks With Favorable Combination Here are three companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank of 1. Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis 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. In the preceding quarter, the company's earnings surpassed the Zacks Consensus Estimate by a margin of 2.9%.
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c5af24f7-788f-4e17-ae95-36223f8776bb
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719754.0
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2018-02-22 00:00:00 UTC
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Factors Setting the Tone for Best Buy's (BBY) Q4 Earnings
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DDS
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https://www.nasdaq.com/articles/factors-setting-the-tone-for-best-buys-bby-q4-earnings-2018-02-22
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nan
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nan
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Best Buy Co., Inc.BBY is slated to report fourth-quarter fiscal 2018 results on Mar 1. Last quarter, the company missed the Zacks Consensus Estimate by 1.3%. However, it has surpassed earnings estimates in three of the trailing four quarters with an average beat of 18.9%.
Let's see, how things are shaping up prior to this announcement.
What to Expect?
For the quarter under review, the Zacks Consensus Estimate is pegged at $2.03 reflecting a year-over-year increase of over 4%. Notably, the consensus mark has moved up by a couple of cents over the past 30 days. Analysts polled by Zacks expect revenues of $14,490 million, up about 7.5% from the year-ago quarter.
Factors at Play
Robust domestic and international sales are likely to drive the company's results in the fourth quarter. Analysts surveyed by Zacks expect domestic revenues to be $13,135 million, up 6.5% year over year, while international revenues are also anticipated to increase nearly 8% to $1,235 million.
Best Buy is making extensive investments to upgrade operations with special focus on developing omni-channel capabilities and strengthening partnership with vendors. Sound promotional strategies and improvement in merchandise margins along with robust expense management are likely to drive the company's results as well. In recent quarters, the company had reported a massive gain in domestic comparable-online sales on the back of improved traffic, conversion rates and higher average order values.
Further, following the successful completion of "Renew Blue" program, the company has launched a fresh strategy called "Best Buy 2020: Building the New Blue" to explore and pursue growth opportunities, cost optimization and investing in people as well as systems to drive growth. In addition, management had earlier guided fourth-quarter fiscal 2018 enterprise revenues between $14.2 billion and $14.5 billion, and a comparable sales increase of 1-3%. Best Buy had also projected adjusted earnings in the band of $1.89-$1.99 a share.
However, analysts believe that an increase in investment might strain margins. Moreover, the challenging retail landscape and waning store traffic may weigh on the company's performance.
Best Buy Co., Inc. Price, Consensus and EPS Surprise
Best Buy Co., Inc. Price, Consensus and EPS Surprise | Best Buy Co., Inc. Quote
What the Zacks Model Unveils
Our proven model shows that Best Buy is likely to beat estimates this quarter as the stock has the right combination of two key ingredients - a positive Earnings ESP and a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) - for this to happen.
Best Buy has an Earnings ESP of +5.16%, which when combined with the company's Zacks Rank #2 increases the chances of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Other Stocks With Favorable Combination
Here are three companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Burlington Stores, Inc. BURL has an Earnings ESP of +0.06% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here .
Wolverine World Wide, Inc. WWW has an Earnings ESP of +0.63% and a Zacks Rank of 2.
Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank #2.
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Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
Wolverine World Wide, Inc. (WWW): 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.
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 has an Earnings ESP of +15.83% and a Zacks Rank #2. Click to get this free report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Wolverine World Wide, Inc. (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Best Buy is making extensive investments to upgrade operations with special focus on developing omni-channel capabilities and strengthening partnership with vendors.
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Click to get this free report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Wolverine World Wide, Inc. (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank #2. Analysts surveyed by Zacks expect domestic revenues to be $13,135 million, up 6.5% year over year, while international revenues are also anticipated to increase nearly 8% to $1,235 million.
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Click to get this free report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Wolverine World Wide, Inc. (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank #2. Best Buy Co., Inc. Price, Consensus and EPS Surprise Best Buy Co., Inc. Price, Consensus and EPS Surprise | Best Buy Co., Inc. Quote What the Zacks Model Unveils Our proven model shows that Best Buy is likely to beat estimates this quarter as the stock has the right combination of two key ingredients - a positive Earnings ESP and a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) - for this to happen.
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Dillard's, Inc. DDS has an Earnings ESP of +15.83% and a Zacks Rank #2. Click to get this free report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report Wolverine World Wide, Inc. (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Analysts surveyed by Zacks expect domestic revenues to be $13,135 million, up 6.5% year over year, while international revenues are also anticipated to increase nearly 8% to $1,235 million.
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3104de34-6a6e-4bc7-b362-05a02006a7e9
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719755.0
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2018-02-20 00:00:00 UTC
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April 20th Options Now Available For Dillard's (DDS)
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DDS
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https://www.nasdaq.com/articles/april-20th-options-now-available-dillards-dds-2018-02-20
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nan
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nan
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Investors in Dillard's Inc. (Symbol: DDS) saw new options begin trading today, for the April 20th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDS options chain for the new April 20th contracts and identified one put and one call contract of particular interest.
The put contract at the $67.50 strike price has a current bid of $5.00. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $67.50, but will also collect the premium, putting the cost basis of the shares at $62.50 (before broker commissions). To an investor already interested in purchasing shares of DDS, that could represent an attractive alternative to paying $68.06/share today.
Because the $67.50 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 100%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 7.41% return on the cash commitment, or 45.86% annualized - at Stock Options Channel we call this the YieldBoost .
Below is a chart showing the trailing twelve month trading history for Dillard's Inc., and highlighting in green where the $67.50 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $70.00 strike price has a current bid of $4.10. If an investor was to purchase shares of DDS stock at the current price level of $68.06/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $70.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 8.87% if the stock gets called away at the April 20th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DDS shares really soar, which is why looking at the trailing twelve month trading history for Dillard's Inc., as well as studying the business fundamentals becomes important. Below is a chart showing DDS's trailing twelve month trading history, with the $70.00 strike highlighted in red:
Considering the fact that the $70.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 6.02% boost of extra return to the investor, or 37.29% annualized, which we refer to as the YieldBoost .
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $68.06) to be 51%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls 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.
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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Of course, a lot of upside could potentially be left on the table if DDS shares really soar, which is why looking at the trailing twelve month trading history for Dillard's Inc., as well as studying the business fundamentals becomes important. Below is a chart showing DDS's trailing twelve month trading history, with the $70.00 strike highlighted in red: Considering the fact that the $70.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Dillard's Inc. (Symbol: DDS) saw new options begin trading today, for the April 20th expiration.
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The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 100%. Below is a chart showing DDS's trailing twelve month trading history, with the $70.00 strike highlighted in red: Considering the fact that the $70.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%.
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Below is a chart showing DDS's trailing twelve month trading history, with the $70.00 strike highlighted in red: Considering the fact that the $70.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Investors in Dillard's Inc. (Symbol: DDS) saw new options begin trading today, for the April 20th expiration.
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At Stock Options Channel , our YieldBoost formula has looked up and down the DDS options chain for the new April 20th contracts and identified one put and one call contract of particular interest. Below is a chart showing DDS's trailing twelve month trading history, with the $70.00 strike highlighted in red: Considering the fact that the $70.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Dillard's Inc. (Symbol: DDS) saw new options begin trading today, for the April 20th expiration.
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e4503194-4af0-4c55-a5ba-6fdb2f177488
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719756.0
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2018-02-19 00:00:00 UTC
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Dillard's (DDS) Likely to Repeat Solid Earnings Show in Q4
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DDS
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https://www.nasdaq.com/articles/dillards-dds-likely-to-repeat-solid-earnings-show-in-q4-2018-02-19
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nan
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nan
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We expect Dillard's, Inc.DDS to beat expectations, when it reports fourth-quarter fiscal 2017 results on Feb 20. In the last quarter, this leading departmental store retailer delivered a positive earnings surprise of 115.8%.
However, a look at the company's earnings trend shows that Dillard's has lagged the Zacks Consensus Estimate in six of the last 10 quarters. Consequently, the company has recorded an average negative surprise of 68.6% in the last four quarters. Let's see how things are shaping up ahead of the upcoming release.
Which Way Are Estimates Treading?
In order to get a clear picture of what analysts are thinking about the company right before earnings release, let's have a look at the earnings estimate revisions. The Zacks Consensus Estimate of $1.73 per share for the fiscal fourth quarter has witnessed an uptrend in the last 30 days. However, the estimate reflects a decline of about 6.5% from $1.85 per share earned in the year-ago quarter.
Dillard's, Inc. Price, Consensus and EPS Surprise
Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote
Analysts polled by Zacks also expect revenues of $2.04 billion, up 2.9% from the prior-year quarter's figure.
Factors at Play
Dillard's appears to be in good shape on the back of its strategic initiatives that aided performance in the last reported quarter. We are encouraged by its constant efforts to capitalize on growth opportunities in its brick-and-mortar stores and e-commerce business. The company continues to gain from its niche market position, offering a broad array of merchandise in its stores, featuring products from both national and exclusive brands.
Moreover, the company's strategy of offering fashion-forward and trendy products acts as a catalyst for attracting more customers. Dillard's focus on increasing productivity and enhancing domestic operations are likely to strengthen customer base. Its constant shareholder-friendly moves are also noteworthy.
The benefits from these factors are well reflected in the company's share price that rose 19.5% in the past year, outperforming the industry 's growth of 5.5%.
However, increased markdowns to manage inventories have been denting the company's margins for a while now. Additionally, Dillard's has been plagued by the challenging trends in the apparel retail segment, arising out of the changing preference of customers from offline to online.
What the Zacks Model Unveils
Our proven model shows that Dillard's is likely to beat earnings estimates this quarter. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Earnings ESP of +15.83% and the company's Zacks Rank #1 make us reasonably confident of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Other Stocks With Favorable Combination
Here are some other companies that you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Ross Stores Inc. ROST has an Earnings ESP of +1.37% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Macy's, Inc. M has an Earnings ESP of +0.92% and a Zacks Rank #2.
TJX Companies Inc. TJX has an Earnings ESP of +2.12% and a Zacks Rank #2.
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Ross Stores, Inc. (ROST): Free Stock Analysis Report
TJX Companies, Inc. (The) (TJX): Free Stock Analysis 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.
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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We expect Dillard's, Inc.DDS to beat expectations, when it reports fourth-quarter fiscal 2017 results on Feb 20. Click to get this free report Ross Stores, Inc. (ROST): Free Stock Analysis Report TJX Companies, Inc. (The) (TJX): Free Stock Analysis 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. The company continues to gain from its niche market position, offering a broad array of merchandise in its stores, featuring products from both national and exclusive brands.
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Click to get this free report Ross Stores, Inc. (ROST): Free Stock Analysis Report TJX Companies, Inc. (The) (TJX): Free Stock Analysis 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. We expect Dillard's, Inc.DDS to beat expectations, when it reports fourth-quarter fiscal 2017 results on Feb 20. Dillard's, Inc. Price, Consensus and EPS Surprise Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote Analysts polled by Zacks also expect revenues of $2.04 billion, up 2.9% from the prior-year quarter's figure.
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Click to get this free report Ross Stores, Inc. (ROST): Free Stock Analysis Report TJX Companies, Inc. (The) (TJX): Free Stock Analysis 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. We expect Dillard's, Inc.DDS to beat expectations, when it reports fourth-quarter fiscal 2017 results on Feb 20. Dillard's, Inc. Price, Consensus and EPS Surprise Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote Analysts polled by Zacks also expect revenues of $2.04 billion, up 2.9% from the prior-year quarter's figure.
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We expect Dillard's, Inc.DDS to beat expectations, when it reports fourth-quarter fiscal 2017 results on Feb 20. Click to get this free report Ross Stores, Inc. (ROST): Free Stock Analysis Report TJX Companies, Inc. (The) (TJX): Free Stock Analysis 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. However, a look at the company's earnings trend shows that Dillard's has lagged the Zacks Consensus Estimate in six of the last 10 quarters.
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5d0cf92a-5417-4a89-b525-d0024f0dca77
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719757.0
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2018-02-15 00:00:00 UTC
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Notable Thursday Option Activity: MTOR, UTX, DDS
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DDS
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https://www.nasdaq.com/articles/notable-thursday-option-activity-mtor-utx-dds-2018-02-15
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Meritor Inc (Symbol: MTOR), where a total of 14,225 contracts have traded so far, representing approximately 1.4 million underlying shares. That amounts to about 79.2% of MTOR's average daily trading volume over the past month of 1.8 million shares. Particularly high volume was seen for the $26 strike put option expiring March 16, 2018 , with 3,603 contracts trading so far today, representing approximately 360,300 underlying shares of MTOR. Below is a chart showing MTOR's trailing twelve month trading history, with the $26 strike highlighted in orange:
United Technologies Corp (Symbol: UTX) saw options trading volume of 45,476 contracts, representing approximately 4.5 million underlying shares or approximately 78.5% of UTX's average daily trading volume over the past month, of 5.8 million shares. Especially high volume was seen for the $95 strike put option expiring March 16, 2018 , with 15,001 contracts trading so far today, representing approximately 1.5 million underlying shares of UTX. Below is a chart showing UTX's trailing twelve month trading history, with the $95 strike highlighted in orange:
And Dillard's Inc. (Symbol: DDS) options are showing a volume of 4,231 contracts thus far today. That number of contracts represents approximately 423,100 underlying shares, working out to a sizeable 74.5% of DDS's average daily trading volume over the past month, of 568,130 shares. Especially high volume was seen for the $55 strike put option expiring June 15, 2018 , with 833 contracts trading so far today, representing approximately 83,300 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $55 strike highlighted in orange:
For the various different available expirations for MTOR options , UTX 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.
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 $55 strike put option expiring June 15, 2018 , with 833 contracts trading so far today, representing approximately 83,300 underlying shares of DDS. Below is a chart showing UTX's trailing twelve month trading history, with the $95 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 4,231 contracts thus far today. That number of contracts represents approximately 423,100 underlying shares, working out to a sizeable 74.5% of DDS's average daily trading volume over the past month, of 568,130 shares.
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Below is a chart showing UTX's trailing twelve month trading history, with the $95 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 4,231 contracts thus far today. That number of contracts represents approximately 423,100 underlying shares, working out to a sizeable 74.5% of DDS's average daily trading volume over the past month, of 568,130 shares. Especially high volume was seen for the $55 strike put option expiring June 15, 2018 , with 833 contracts trading so far today, representing approximately 83,300 underlying shares of DDS.
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Below is a chart showing UTX's trailing twelve month trading history, with the $95 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 4,231 contracts thus far today. That number of contracts represents approximately 423,100 underlying shares, working out to a sizeable 74.5% of DDS's average daily trading volume over the past month, of 568,130 shares. Especially high volume was seen for the $55 strike put option expiring June 15, 2018 , with 833 contracts trading so far today, representing approximately 83,300 underlying shares of DDS.
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Especially high volume was seen for the $55 strike put option expiring June 15, 2018 , with 833 contracts trading so far today, representing approximately 83,300 underlying shares of DDS. Below is a chart showing UTX's trailing twelve month trading history, with the $95 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 4,231 contracts thus far today. That number of contracts represents approximately 423,100 underlying shares, working out to a sizeable 74.5% of DDS's average daily trading volume over the past month, of 568,130 shares.
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e6d88d96-1954-4341-846f-f3f64c28f5e8
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719758.0
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2018-02-14 00:00:00 UTC
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5 Retailers Likely to Emerge Winners This Earnings Season
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DDS
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https://www.nasdaq.com/articles/5-retailers-likely-to-emerge-winners-this-earnings-season-2018-02-14
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nan
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nan
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The recent volatility in the Wall Street rattled even the most ardent of investors, who started taking stock of their portfolio, overlooking the impressive earnings display by corporates for a while. Nevertheless, market for now seems to have somewhat settled trying to accommodate rising bond yields and a possible uptick in inflation with the backdrop dominated by the latest tax reform and healthy economic growth.
Well, after the action-packed phase, the focus is back on the reporting cycle. The earnings season is in full swing, with results from more than 340 S&P 500 members out by now. But the main highlight of the show is yet to come for the Retail-Wholesale sector.
How Is the Sector Faring?
The Retail-Wholesale sector, which currently occupies the top 6% (1 out of 16) position in the list of 16 Zacks sectors, has advanced approximately 27% in a year and comfortably outperformed the S&P 500's growth of roughly 14%. Moreover, according to the latest Earnings Trends , the sector is expected to record top and bottom-line growth of 8.9% and 7.2%, respectively, this earnings season.
Favorable economic indicators along with friendlier fiscal and regulatory policies from the current regime bode well for the sector. Industry experts are of the opinion that gradual wage acceleration, a 17-year low unemployment rate and rising consumer confidence are enough to trigger consumer spending, which accounts for more than two-thirds of U.S. economic activity.
For obvious reasons, retailers are the end gainers. Moreover, National Retail Federation's recent projection of an uptick in U.S. retail sales of 3.8-4.4% this year raises optimism. In addition, the recent cut in corporate tax rate will allow retailers to channelize the surplus money toward best possible alternatives. They may opt for a dividend hike or reduce debt load, or even create a corpus to fund acquisitions, otherwise invest in omni-channel capabilities, product launches and other innovations.
Picking the Probable Winners This Season
We used the Zacks methodology and identified retail stocks that not only boast solid fundamentals but are also poised to beat estimates this earnings season. Our research shows that for stocks with the combination of a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP , the chance of a positive earnings surprise is as high as 70%.
Thus, investors can count on these stocks which are most likely to trump estimates.
Dillard's ( DDS ), a fashion apparel, cosmetics, and home furnishing retailer, is a lucrative pick. The company is expected to announce fourth-quarter fiscal 2017 results on Feb 20. The Zacks Consensus Estimate for the quarter's earnings is pegged at $1.73. The company registered a whooping positive earnings surprise of more than 100% in the preceding quarter. The stock has an Earnings ESP of +4.25% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Macy's ( M ) is also worth a bet with a Zacks Rank #2 and an Earnings ESP of +0.92%. The Zacks Consensus Estimate for the quarter's earnings is $2.66. In the last two quarters, the company outperformed the consensus mark. It has a long-term earnings growth rate of 8.5%. This department store retailer is slated to report fourth-quarter fiscal 2017 results on Feb 27.
Dollar Tree ( DLTR ), which is expected to report fourth-quarter fiscal 2017 results on Mar 7, is a solid bet with a long-term earnings growth rate of 13.3%. The Zacks Consensus Estimate for the quarter's earnings is pegged at $1.88. The company delivered an average positive earnings surprise of 7.4% in the trailing four quarters. This operator of discount variety stores has a Zacks Rank #2 and an Earnings ESP of +1.86%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
You may also consider Costco Wholesale ( COST ), with a Zacks Rank #3 and an Earnings ESP of +3.47%. The Zacks Consensus Estimate for the quarter's earnings stands at $1.45. The company delivered positive earnings surprises in the last three quarters. It has a long-term earnings growth rate of 9.1%. This operator of membership warehouses is scheduled to come up with second-quarter fiscal 2018 financial results on Mar 7.
We also suggest looking into Tiffany ( TIF ), which is expected to report fourth-quarter fiscal 2017 results on Mar 16. This designer, manufacturer and retailer of jewelry has a Zacks Rank #3 and an Earnings ESP of +0.89%. The Zacks Consensus Estimate for the quarter's earnings is pegged at $1.62. The company has a long-term earnings growth rate of 11.2% and has delivered an average positive earnings surprise of 5.3% in the trailing four quarters.
These stocks are not the only ones worth a gamble. With the help of the Zacks Stock Screener and some permutation and combination, you can find other retail stocks that are gearing up to post a beat this earnings season.
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Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
Costco Wholesale Corporation (COST): Free Stock Analysis Report
Tiffany & Co. (TIF): Free Stock Analysis 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.
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 ), a fashion apparel, cosmetics, and home furnishing retailer, is a lucrative pick. Click to get this free report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report Tiffany & Co. (TIF): Free Stock Analysis 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. The recent volatility in the Wall Street rattled even the most ardent of investors, who started taking stock of their portfolio, overlooking the impressive earnings display by corporates for a while.
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Click to get this free report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report Tiffany & Co. (TIF): Free Stock Analysis 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. Dillard's ( DDS ), a fashion apparel, cosmetics, and home furnishing retailer, is a lucrative pick. Dollar Tree ( DLTR ), which is expected to report fourth-quarter fiscal 2017 results on Mar 7, is a solid bet with a long-term earnings growth rate of 13.3%.
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Click to get this free report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report Tiffany & Co. (TIF): Free Stock Analysis 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. Dillard's ( DDS ), a fashion apparel, cosmetics, and home furnishing retailer, is a lucrative pick. Our research shows that for stocks with the combination of a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP , the chance of a positive earnings surprise is as high as 70%.
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Dillard's ( DDS ), a fashion apparel, cosmetics, and home furnishing retailer, is a lucrative pick. Click to get this free report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report Tiffany & Co. (TIF): Free Stock Analysis 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. Moreover, according to the latest Earnings Trends , the sector is expected to record top and bottom-line growth of 8.9% and 7.2%, respectively, this earnings season.
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0ccaf2ed-638f-4235-837b-386165dd4dc2
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719759.0
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2018-02-13 00:00:00 UTC
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VF Corp (VFC) Likely to Retain Positive Earnings Trend in Q4
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DDS
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https://www.nasdaq.com/articles/vf-corp-vfc-likely-to-retain-positive-earnings-trend-in-q4-2018-02-13
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nan
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nan
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We expect VF CorporationVFC to beat expectations, when it reports fourth-quarter 2017 results on Feb 16. Last quarter, the designer, manufacturer and marketer of branded apparel and related products, delivered a positive earnings surprise of 9.8%. In fact, the company recorded an average positive surprise of 3.4% in the last four quarters.
What to Expect?
The question lingering in investors' minds now is, whether VF Corp. will be able to deliver positive earnings surprise in the quarter to be reported. The Zacks Consensus Estimate for the quarter under review is $1.02 per share, reflecting a year-over-year decline of 5.2%. We note that the Zacks Consensus Estimate has been trending up ahead of the earnings release. Analysts polled by Zacks anticipate revenues of $3.7 billion, up 10.3% from the year-ago quarter.
V.F. Corporation Price, Consensus and EPS Surprise
V.F. Corporation Price, Consensus and EPS Surprise | V.F. Corporation Quote
Moreover, we note that the stock has outperformed the industry in the last six months. The company's shares have increased 27.1%, while the industry grew 10.7%.
Factors at Play
VF Corp. is gaining from its progress on the 2021 growth strategy. The strategy focuses on responding to the changing marketplace while targeting shareholder returns. The company's focus on this plan is evident from its recently raised dividend and stellar third-quarter 2017 performance.
Both the top and bottom line topped the Zacks Consensus Estimate and grew year over year in the quarter, which marked VF Corp.'s second straight quarter of earnings and sales beat. Results were backed by strength in international and direct-to-customer platforms, the Outdoor & Action Sports unit and the workwear business.
The splendid quarter encouraged management to raise its view for 2017, wherein results are likely to gain from the recently concluded Williamson-Dickie buyout. Further, the company's continued investments in core growth areas are likely to aid performance. For 2017, management now anticipates revenues to grow 6% to nearly $12.1 billion. Currency neutral revenues are expected to rise 5.5%. The Williamson-Dickie buyout is estimated to contribute nearly $200 million to revenues. Moreover, the company envisions earnings per share to be $3.01, reflecting a 1% rise (6% on a currency neutral basis) from the year-ago period figure of $2.98.
However, the company has been troubled by a difficult global economic environment and currency headwinds for over a year now. The company's significant global presence exposes it to adverse foreign currency movements. Currency woes will continue to be a hurdle and are expected to hurt margins in 2017.
What the Zacks Model Unveils
Our proven model shows that VF Corp. is likely to beat earnings estimates this quarter. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Earnings ESP of +2.05% and the company's Zacks Rank #2 makes us reasonably confident of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Other Stocks Poised to Beat Earnings Estimates
Here are some other companies you may want to consider as our model shows that these, too, have the right combination of elements to post an earnings beat:
Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2.
Macy's Inc. M has an Earnings ESP of +0.92% and a Zacks Rank #2.
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See Zacks' 3 Best Stocks to Play This Trend >>
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
Aaron's, Inc. (AAN): Free Stock Analysis Report
Macy's Inc (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
V.F. Corporation (VFC): 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.
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 Poised to Beat Earnings Estimates Here are some other companies you may want to consider as our model shows that these, too, have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report V.F. Results were backed by strength in international and direct-to-customer platforms, the Outdoor & Action Sports unit and the workwear business.
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Other Stocks Poised to Beat Earnings Estimates Here are some other companies you may want to consider as our model shows that these, too, have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report V.F. Both the top and bottom line topped the Zacks Consensus Estimate and grew year over year in the quarter, which marked VF Corp.'s second straight quarter of earnings and sales beat.
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Other Stocks Poised to Beat Earnings Estimates Here are some other companies you may want to consider as our model shows that these, too, have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report V.F. Both the top and bottom line topped the Zacks Consensus Estimate and grew year over year in the quarter, which marked VF Corp.'s second straight quarter of earnings and sales beat.
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Other Stocks Poised to Beat Earnings Estimates Here are some other companies you may want to consider as our model shows that these, too, have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report V.F. The question lingering in investors' minds now is, whether VF Corp. will be able to deliver positive earnings surprise in the quarter to be reported.
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22b92878-8ed9-420d-be43-56291a60de35
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719760.0
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2018-02-13 00:00:00 UTC
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Newell's (NWL) Preliminary Results Indicate Soft Q4 Earnings
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DDS
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https://www.nasdaq.com/articles/newells-nwl-preliminary-results-indicate-soft-q4-earnings-2018-02-13
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nan
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nan
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Newell Brands Inc.NWL is slated to report fourth-quarter 2017 results on Feb 16, before the opening bell. In the previous quarter, the company reported negative earnings surprise of 6.5%. However, the company's earnings have surpassed the Zacks Consensus Estimate with an average of nearly 3%.
What to Expect?
The big question facing investors is whether this global manufacturer and marketer of consumer and commercial products will be able to deliver a positive earnings surprise in the quarter to be reported. The current Zacks Consensus Estimate for the quarter under review is 69 cents, reflecting a year-over-year decline of 13.8%.
Newell Brands Inc. Price and EPS Surprise
Newell Brands Inc. Price and EPS Surprise | Newell Brands Inc. Quote
We note that the Zacks Consensus Estimate for the quarter has witnessed downward revisions in the past 30 days. Analysts polled by Zacks expect revenues of $3.72 billion, reflecting a 10.2% decline from the prior-year quarter.
However, we note that the stock has underperformed the industry in the past six months. The company's shares have declined 45.5%, while the industry has dropped 14.3%.
Factors at Play
Newell's solid earnings history reflects the splendid performance of its brand as well as Growth Game Plan, ongoing Project Renewal Program and solid acquisitions. The company has also made significant progress on its Growth Game Plan that targets accelerating growth by simplifying and strengthening the portfolio.
Moreover, the company has been keen on the execution of its transformation plan through market share gains, point-of-sale growth, innovation, e-commerce improvement and cost-savings plans. In a move to accelerate the pace of transformation, the company is looking to exit non-strategic assets, reduce complexity and focus on key consumer-focused brands. This will help improve operational performance and enhance shareholder value, amid a rapidly changing retail backdrop.
Under the transformation plan, the company is accelerating the pace by restricting Newell's portfolio on nine core consumer segments that can garner nearly $11 billion of sales and $2 billion of EBITDA. Further, the company is looking for strategic alternatives for assets in its industrial and commercial product as well as smaller consumer businesses.
These strategic alternatives will significantly lower the company's operational complexity by reducing 50% of its global factory and warehouse presence. Additionally, it will reduce the company's customer base by 50% and result in consolidation of 80% of global sales on two ERP platforms by the end of 2019.
Moreover, the company's recently reported soft-core sales and margins for 2017 indicate that there are more troubles ahead for the stock. Sales were hurt by the continuation of retailer inventory rebalancing in the United States, while margins suffered due to the negative mix of lower Writing sales and lower fixed cost absorption due to shorter cycle runs on self-manufactured products. Based on the preliminary results, the company lowered projections for 2017 and provided an initial view for 2018.
The company now expects core sales growth of nearly 0.8% in 2017, compared with 1.5-2% growth predicted earlier. Normalized earnings per share for 2017 are estimated to be $2.72-$2.76, compared with the previous forecast of $2.80-$2.85.
Given the soft 2017 performance and lowered view, we remain skeptical of the outcome in the to-be-reported quarter.
What Does the Zacks Model Unveil?
Our proven model does not conclusively show that Newell Brands is likely to beat on earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Newell Brands has an Earnings ESP of -2.22% and a Zacks Rank #5 (Strong Sell). This makes any surprise prediction impossible. Note that we caution against Sell-rated stocks Rank #4 or #5 going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks Poised to Beat Earnings Estimates
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2.
Macy's Inc. M has an Earnings ESP of +0.92% and a Zacks Rank #2.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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
Aaron's, Inc. (AAN): Free Stock Analysis 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.
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 Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Click to get this free report Newell Brands Inc. (NWL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis 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. The big question facing investors is whether this global manufacturer and marketer of consumer and commercial products will be able to deliver a positive earnings surprise in the quarter to be reported.
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Click to get this free report Newell Brands Inc. (NWL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis 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. Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Newell Brands Inc. Price and EPS Surprise Newell Brands Inc. Price and EPS Surprise | Newell Brands Inc. Quote We note that the Zacks Consensus Estimate for the quarter has witnessed downward revisions in the past 30 days.
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Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Click to get this free report Newell Brands Inc. (NWL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis 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. Newell Brands Inc. Price and EPS Surprise Newell Brands Inc. Price and EPS Surprise | Newell Brands Inc. Quote We note that the Zacks Consensus Estimate for the quarter has witnessed downward revisions in the past 30 days.
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Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Click to get this free report Newell Brands Inc. (NWL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis 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. In the previous quarter, the company reported negative earnings surprise of 6.5%.
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b9fd804b-bf4e-43b6-8d2a-094996077bbd
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719761.0
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2018-02-12 00:00:00 UTC
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Can Avon (AVP) Turn Around its Dismal Earnings Trend in Q4?
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DDS
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https://www.nasdaq.com/articles/can-avon-avp-turn-around-its-dismal-earnings-trend-in-q4-2018-02-12
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nan
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nan
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Avon Products, Inc.AVP is slated to release fourth-quarter 2017 results on Feb 15, before the market opens. The question lingering in investors' minds is whether this leading beauty and cosmetics retailer will be able to reverse its negative earnings surprise trend in the quarter to be reported.
Notably, the company has been exhibiting a dismal earnings trend for the past five quarters. Consequently, it has delivered a negative earnings surprise of 98.7% in the trailing four quarters. Though sales outpaced estimates in third-quarter 2017, it had lagged in the preceding four quarters. Let's find out how things are shaping up for this announcement.
Which Way are Estimates Treading?
In order to get a clear picture of what analysts are thinking about the company prior to earnings release, let's have a look at the earnings estimate revisions. The Zacks Consensus Estimate for the quarter under review has been stable over the past 30 days and is currently pegged at 6 cents. This marks a significant upside from 1 cent reported in the year-ago quarter. Analysts polled by Zacks expect revenues of $1.6 billion, up 1.5% from the prior-year quarter.
Avon Products, Inc. Price, Consensus and EPS Surprise
Avon Products, Inc. Price, Consensus and EPS Surprise | Avon Products, Inc. Quote
Factors at Play
Avon's troubles are not very new though. Dismal earnings trend and fall in Active Representatives have been major concerns for Avon for quite sometime. We note that Active Representatives have been consistently recording a decline of 3% for the trailing four quarters. The fall in Active Representatives is due to decline in all segments. Further, the company's strained margins and high bad debt expenses indicate that the troubles for this beauty products company are far from over.
Avon has been witnessing strained margins over the past few quarters. Notably, the company's operating margin contracted 70 basis points (bps), 230 bps and 130 bps in the third, second and first quarters of 2017, respectively. The decline in operating margin mainly stemmed from higher bad debt expenses, particularly in Brazil. Additionally, increased Representative, sales leader and field expenses have been hurting margin growth in the last two quarters.
While Avon expects modest growth in fourth-quarter 2017 backed by favorable trends in various markets, it projects results to fall short of expectations in 2017. The company now anticipates both constant-dollar revenues and adjusted operating margin in the band of flat to slightly up compared with the prior-year period.
Nevertheless, Avon's progress on Transformation Plan is on track to deliver cost savings goals of $230 million for 2017. Further, the company expects to drive growth through innovations, solid team execution, improving Representative experience. However, the company will take time to realize the benefits from these strategies.
Despite all odds, the company's shares have improved 14.9% in the last three months, outperforming the industry 's growth of 8.3%. This indicates that there still remains hope for revival.
What the Zacks Model Unveils?
Our proven model does not conclusively show that Avon is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Avon currently has a positive Earnings ESP of +12.90%. However, it carries a Zacks Rank #4 (Sell). The combination of Avon's Zacks Rank #4 and Earnings ESP of 12.90% makes surprise prediction difficult.
Stocks With Favorable Combination
Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat:
Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2.
Macy's Inc. M has an Earnings ESP of +0.92% and a Zacks Rank #2.
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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
Avon Products, Inc. (AVP): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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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Despite all odds, the company's shares have improved 14.9% in the last three months, outperforming the industry 's growth of 8.3%. Stocks With Favorable Combination Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Click to get this free report Avon Products, Inc. (AVP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis 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.
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Click to get this free report Avon Products, Inc. (AVP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis 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. Despite all odds, the company's shares have improved 14.9% in the last three months, outperforming the industry 's growth of 8.3%. Stocks With Favorable Combination Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1.
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Stocks With Favorable Combination Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Click to get this free report Avon Products, Inc. (AVP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis 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. Despite all odds, the company's shares have improved 14.9% in the last three months, outperforming the industry 's growth of 8.3%.
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Despite all odds, the company's shares have improved 14.9% in the last three months, outperforming the industry 's growth of 8.3%. Stocks With Favorable Combination Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat: Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. Click to get this free report Avon Products, Inc. (AVP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis 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.
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c026f136-fc1a-48db-89a8-fe96d65bcad7
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719762.0
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2018-02-01 00:00:00 UTC
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PayPal (PYPL) Q4 Earnings Top, eBay's Switch Hurts Stock
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DDS
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https://www.nasdaq.com/articles/paypal-pypl-q4-earnings-top-ebays-switch-hurts-stock-2018-02-01
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nan
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nan
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Continuing with its upbeat performance for the fourth straight quarter, PayPal Holdings, Inc.PYPL , yesterday, reported impressive results for fourth-quarter 2017. Quarterly revenues and earnings both came in above the company's expectations as well as surpassed the respective Zacks Consensus Estimate.
Despite this, shares of PayPal plunged drastically during late-hour trading yesterday as its former parent company - eBay Inc. EBAY - has decided to rely less on the company for processing payments. The online marketplace company, during the fourth-quarter 2017earnings conference call announced that it has signed a Dutch payment company - Adyen - as its new primary payment processor.
It should be noted that eBay accounts for 13% of PayPal's total payment volume (TPV), thereby contributing a major portion to its total revenues. Therefore, if this volume tanks by nearly 50% due to the recent development, it might consequently impact PayPal's top and bottom lines massively in the near term.
The stock lost more than 11% of its value during yesterday's after-hour trade. Notably, PayPal was one of the best performing stocks in 2017. The stock has appreciated 115.6%, significantly outperforming its industry 's gain of 33.2%, in a year's time.
Let's discuss quarterly results in detail.
Revenues
The company's net revenues jumped 25.6% to $3.744 billion, on a year-over-year basis (up 26% on an Fx-neutral basis), beating the Zacks Consensus Estimate of $3.631 billion. The figure also came ahead of the company's guided range of $3.57-$3.63 billion.
The results were driven by continued solid performance in global payments, especially mobile. PayPal added record 8.7 million customers in the fourth quarter, taking the total active customer accounts to 227 million.
During the quarter, the company entered into agreements with big companies like The Walt Disney Company DIS , Dillard's, Inc. DDS and QVC Group. Moreover, it rolled out its domestic operations in India in the last quarter.
Also, the quarter witnessed PayPal's accelerated push into mobile with One Touch and Venmo continuing to bolster its stake in mobile payments. Venmo users can now pay at more than 2 million PayPal merchants across the United States. One Touch is currently in use by more than 8 million merchants and 80 million consumers.
In the reported quarter, mobile made significant contribution to PayPal's volume growth, processing $48 billion of transactions and accounting for approximately 37% of total payments made on its platform.
TPV was $131 billion, increasing 29% year over year on an Fx-neutral basis. The company processed 2.2 billion payment transactions, up 25% year over year. Over the trailing 12 months, payment transaction per active account was up 8% to 33.6.
Segment wise, Transaction revenues of $3.22 billion contributed 86% to total revenues and were up 23% on a year-over-year basis. Other value-added services revenues of $523 million contributed the rest and climbed 43% year over year.
Geographically, the United States contributed 55% to total revenues, up 30% on a year-over-year basis. International revenues contributed 45% to total revenues and were up 21% year over year on an Fx-neutral basis.
Margins and Net Income
Non-GAAP operating margin of 21.8% expanded 100 basis points (bps) year over year. Non-GAAP net income of $670 million was up 31% year over year.
Non-GAAP earnings per share came in at 55 cents, improving 30% from the year-ago quarter earnings of 42 cents. Quarterly earnings also came in above the company's guidance range of 50-52 cents per share and surpassed the Zacks Consensus Estimate of 52 cents as well.
PayPal Holdings, Inc. Price, Consensus and EPS Surprise
PayPal Holdings, Inc. Price, Consensus and EPS Surprise | PayPal Holdings, Inc. Quote
Balance Sheet and Cash Flow
PayPal ended the fourth quarter with cash and short-term investments balance of $5.695 billion compared with $4.92 billion recorded in the previous quarter. The company generated $2.531 billion in cash from continuing operations and spent $667 million on capex during full-year 2017.
The company has no long-term debt.
Outlook
The company initiated guidance for the first quarter and ful-year 2018.
For first-quarter 2018, PayPal expects revenues to be up nearly 20-21% on an Fx-neutral basis to $3.58-$3.63 billion ($3.605 billion). The mid-point of the range is better than the Zacks Consensus Estimate of $3.55 billion.
Non-GAAP earnings are estimated in the band of 52-54 cents per share. The Zacks Consensus Estimate of 54 cents is in line with the high-end of this range. GAAP earnings per share are expected in the range of 41-43 cents.
For 2018, the company expects revenues between $15 billion and $15.25 billion (mid-point $15.125 billion). This is lower than the Zacks Consensus Estimate of $15.17 billion at the mid-point.
Non-GAAP earnings are projected in the range of $1.86-$1.88 per share compared with the earlier expectation of $2.24-$2.30 per share (mid-point $2.27). At mid-point, this exceeds the Zacks Consensus Estimate of $2.26.
PayPal currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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
Walt Disney Company (The) (DIS): Free Stock Analysis Report
eBay Inc. (EBAY): Free Stock Analysis Report
PayPal Holdings, Inc. (PYPL): 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.
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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During the quarter, the company entered into agreements with big companies like The Walt Disney Company DIS , Dillard's, Inc. DDS and QVC Group. Click to get this free report Walt Disney Company (The) (DIS): Free Stock Analysis Report eBay Inc. (EBAY): Free Stock Analysis Report PayPal Holdings, Inc. (PYPL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Continuing with its upbeat performance for the fourth straight quarter, PayPal Holdings, Inc.PYPL , yesterday, reported impressive results for fourth-quarter 2017.
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Click to get this free report Walt Disney Company (The) (DIS): Free Stock Analysis Report eBay Inc. (EBAY): Free Stock Analysis Report PayPal Holdings, Inc. (PYPL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. During the quarter, the company entered into agreements with big companies like The Walt Disney Company DIS , Dillard's, Inc. DDS and QVC Group. In the reported quarter, mobile made significant contribution to PayPal's volume growth, processing $48 billion of transactions and accounting for approximately 37% of total payments made on its platform.
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Click to get this free report Walt Disney Company (The) (DIS): Free Stock Analysis Report eBay Inc. (EBAY): Free Stock Analysis Report PayPal Holdings, Inc. (PYPL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. During the quarter, the company entered into agreements with big companies like The Walt Disney Company DIS , Dillard's, Inc. DDS and QVC Group. Revenues The company's net revenues jumped 25.6% to $3.744 billion, on a year-over-year basis (up 26% on an Fx-neutral basis), beating the Zacks Consensus Estimate of $3.631 billion.
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During the quarter, the company entered into agreements with big companies like The Walt Disney Company DIS , Dillard's, Inc. DDS and QVC Group. Click to get this free report Walt Disney Company (The) (DIS): Free Stock Analysis Report eBay Inc. (EBAY): Free Stock Analysis Report PayPal Holdings, Inc. (PYPL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. The company processed 2.2 billion payment transactions, up 25% year over year.
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b5504185-22cb-46ad-b3db-3536f88336a7
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719763.0
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2018-01-16 00:00:00 UTC
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Dillard's (DDS) Looks Good: Stock Adds 6.1% in Session
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DDS
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https://www.nasdaq.com/articles/dillards-dds-looks-good%3A-stock-adds-6.1-in-session-2018-01-16
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nan
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nan
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Dillard's, Inc.DDS was a big mover last session, as the company saw its shares rise more than 6% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $57.25 to $63.25 in the past one-month time frame.
The stock rose after the Commerce Department stated that retail sales were up in December.
The company has seen one negative estimate revision in the past one month, while its Zacks Consensus Estimate has also moved lower over the same time period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Dillard's currently has a Zacks Rank #1 (Strong Buy), while its Earnings ESP is positive.
Investors interested in the Retail - Regional Department Stores industry may consider Macy's, Inc. M , which has a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Is DDS going up? Or down? Predict to see what others think: Up or Down
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them 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
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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 was a big mover last session, as the company saw its shares rise more than 6% on Friday. Is DDS going up? 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.
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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. Dillard's, Inc.DDS was a big mover last session, as the company saw its shares rise more than 6% on Friday. Is DDS going up?
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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. Dillard's, Inc.DDS was a big mover last session, as the company saw its shares rise more than 6% on Friday. Is DDS going up?
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Dillard's, Inc.DDS was a big mover last session, as the company saw its shares rise more than 6% on Friday. Is DDS going up? 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.
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474d9779-0e9e-46a4-978d-8b3f49920908
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719764.0
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2018-01-12 00:00:00 UTC
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Stocks To Watch: Dillards Sees Relative Strength Rating Rise To 81
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DDS
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https://www.nasdaq.com/articles/stocks-watch-dillards-sees-relative-strength-rating-rise-81-2018-01-12
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nan
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nan
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When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating . Dillards ( DDS ) is one stock that just reached the mark, now earning a score of 81.
[ibd-display-video id=2881825 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an 80 or higher RS Rating as they launch their biggest price moves.
See How IBD Helps You Make More Money In Stocks
While it's not currently an ideal time to buy shares, see if the stock manages to establish and enter a buying range in heavy trade.
Although earnings and sales growth came in at -39% and -1%, respectively, in the latest report, that marked one quarter of acceleration for EPS and two for sales.
The company holds the No. 4 rank among its peers in the Retail-Department Stores industry group. Kohls ( KSS ) is the top-ranked stock within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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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Dillards ( DDS ) is one stock that just reached the mark, now earning a score of 81. When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating . [ibd-display-video id=2881825 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score.
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Dillards ( DDS ) is one stock that just reached the mark, now earning a score of 81. IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock 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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Dillards ( DDS ) is one stock that just reached the mark, now earning a score of 81. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database. IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating?
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Dillards ( DDS ) is one stock that just reached the mark, now earning a score of 81. When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating . How Relative Strength Line Can Help You Judge A Stock 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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468080ed-1617-4a71-a3ee-3c83e5f239c8
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719765.0
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2018-01-11 00:00:00 UTC
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Noteworthy Thursday Option Activity: MGM, FMI, DDS
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DDS
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https://www.nasdaq.com/articles/noteworthy-thursday-option-activity-mgm-fmi-dds-2018-01-11
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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 MGM Resorts International (Symbol: MGM), where a total volume of 35,842 contracts has been traded thus far today, a contract volume which is representative of approximately 3.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.4% of MGM's average daily trading volume over the past month, of 6.5 million shares. Especially high volume was seen for the $35 strike call option expiring June 15, 2018 , with 10,593 contracts trading so far today, representing approximately 1.1 million underlying shares of MGM. Below is a chart showing MGM's trailing twelve month trading history, with the $35 strike highlighted in orange:
Foundation Medicine Inc (Symbol: FMI) saw options trading volume of 1,378 contracts, representing approximately 137,800 underlying shares or approximately 54.5% of FMI's average daily trading volume over the past month, of 252,630 shares. Particularly high volume was seen for the $75 strike call option expiring January 19, 2018 , with 313 contracts trading so far today, representing approximately 31,300 underlying shares of FMI. Below is a chart showing FMI's trailing twelve month trading history, with the $75 strike highlighted in orange:
And Dillard's Inc. (Symbol: DDS) saw options trading volume of 3,116 contracts, representing approximately 311,600 underlying shares or approximately 54.3% of DDS's average daily trading volume over the past month, of 573,645 shares. Particularly high volume was seen for the $69 strike call option expiring January 19, 2018 , with 604 contracts trading so far today, representing approximately 60,400 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $69 strike highlighted in orange:
For the various different available expirations for MGM options , FMI 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.
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 $69 strike call option expiring January 19, 2018 , with 604 contracts trading so far today, representing approximately 60,400 underlying shares of DDS. Below is a chart showing FMI's trailing twelve month trading history, with the $75 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) saw options trading volume of 3,116 contracts, representing approximately 311,600 underlying shares or approximately 54.3% of DDS's average daily trading volume over the past month, of 573,645 shares. Below is a chart showing DDS's trailing twelve month trading history, with the $69 strike highlighted in orange: For the various different available expirations for MGM options , FMI options , or DDS options , visit StockOptionsChannel.com.
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Below is a chart showing FMI's trailing twelve month trading history, with the $75 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) saw options trading volume of 3,116 contracts, representing approximately 311,600 underlying shares or approximately 54.3% of DDS's average daily trading volume over the past month, of 573,645 shares. Particularly high volume was seen for the $69 strike call option expiring January 19, 2018 , with 604 contracts trading so far today, representing approximately 60,400 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $69 strike highlighted in orange: For the various different available expirations for MGM options , FMI options , or DDS options , visit StockOptionsChannel.com.
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Below is a chart showing FMI's trailing twelve month trading history, with the $75 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) saw options trading volume of 3,116 contracts, representing approximately 311,600 underlying shares or approximately 54.3% of DDS's average daily trading volume over the past month, of 573,645 shares. Particularly high volume was seen for the $69 strike call option expiring January 19, 2018 , with 604 contracts trading so far today, representing approximately 60,400 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $69 strike highlighted in orange: For the various different available expirations for MGM options , FMI options , or DDS options , visit StockOptionsChannel.com.
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Below is a chart showing FMI's trailing twelve month trading history, with the $75 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) saw options trading volume of 3,116 contracts, representing approximately 311,600 underlying shares or approximately 54.3% of DDS's average daily trading volume over the past month, of 573,645 shares. Particularly high volume was seen for the $69 strike call option expiring January 19, 2018 , with 604 contracts trading so far today, representing approximately 60,400 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $69 strike highlighted in orange: For the various different available expirations for MGM options , FMI options , or DDS options , visit StockOptionsChannel.com.
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7eb10f44-9747-4180-9aab-7531aa3d285f
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719766.0
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2018-01-11 00:00:00 UTC
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Dillards Trying To Close In On Key Technical Benchmark
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DDS
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https://www.nasdaq.com/articles/dillards-trying-close-key-technical-benchmark-2018-01-11
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nan
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nan
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The Relative Strength ( RS ) Rating for Dillards ( DDS ) headed into a new percentile Thursday, as it got a lift from 70 to 76.
[ibd-display-video id=2368044 width=50 float=left autostart=true] IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best stocks often have an RS Rating of above 80 in the early stages of their moves. See if Dillards can continue to show renewed price strength and clear that threshold.
Looking For The Best Stocks To Buy And Watch? Start Here
While the stock is not near an ideal buy zone right now, see if it manages to form and break out of a proper chart pattern.
Although earnings and sales growth came in at -39% and -1%, respectively, in the latest report, that marked one quarter of improvement for earnings and two for sales.
The company holds the No. 4 rank among its peers in the Retail-Department Stores industry group. Kohls ( KSS ) is the No. 1-ranked stock within the group.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
The Relative Strength ( RS ) Rating for Dillards ( DDS ) headed into a new percentile Thursday, as it got a lift from 70 to 76. Decades of market research shows that the best stocks often have an RS Rating of above 80 in the early stages of their moves. Start Here While the stock is not near an ideal buy zone right now, see if it manages to form and break out of a proper chart pattern.
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The Relative Strength ( RS ) Rating for Dillards ( DDS ) headed into a new percentile Thursday, as it got a lift from 70 to 76. Stocks With Rising Relative Strength Ratings Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock 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 Relative Strength ( RS ) Rating for Dillards ( DDS ) headed into a new percentile Thursday, as it got a lift from 70 to 76. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database. Stocks With Rising Relative Strength Ratings Why Should You Use IBD's Relative Strength Rating?
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The Relative Strength ( RS ) Rating for Dillards ( DDS ) headed into a new percentile Thursday, as it got a lift from 70 to 76. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database. Decades of market research shows that the best stocks often have an RS Rating of above 80 in the early stages of their moves.
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052d0ff8-31d0-4fc3-9974-c6b7d5f30b0e
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719767.0
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2018-01-05 00:00:00 UTC
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JC Penney Posts Upbeat Holiday Sales, Reiterates FY17 View
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DDS
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https://www.nasdaq.com/articles/jc-penney-posts-upbeat-holiday-sales-reiterates-fy17-view-2018-01-05
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nan
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nan
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J. C. Penney Company, Inc.JCP reported positive comparable-store sales (comps) this festive season, unlike the prior year. It delivered comps growth of 3.4% for the combined nine weeks period, ending on Dec 30, 2017.
Robust comps performance was driven by solid sales at home, beauty and fine jewelry. It was also fueled by the company's sturdy e-commerce business that recorded double-digit sales increase year over year. The e-commerce growth was primarily driven by sought-after gifting categories like home decor as well as luggage, fine jewelry, toys, boots and athletic footwear. Apparel categories, mainly women's and kids, continued its positive momentum as well.
However, shares of the company dipped 0.3% yesterday as management reaffirmed its guidance for fiscal 2017, despite the upbeat holiday comps performance. Management still projects comps to be in the range of down 1% to flat. Adjusted earnings are also reiterated in the range of 2-8 cents per share versus 8 cents reported in fiscal 2016. The Zacks Consensus Estimate for the fiscal is currently pegged at 7 cents per share. Further, analysts polled at Zacks expect revenues of $12.47 billion, down 0.6% for the same year.
Meanwhile, J. C. Penney continues to struggle with high-debt levels. At the end of the last reported quarter, total long-term debt was $4,039 million reflecting a debt-to-capitalization ratio of 78.9%. Furthermore, a challenging retail landscape and stiff online competition from Amazon.com, Inc. AMZN still remain potent threats. These factors have weighed upon the company's shares that plunged 51.3% in a year, significantly wider than the industry 's decline of 6.2%.
Nevertheless, management is optimistic about delivering growth and providing enhanced shopping experience to customers. Also, the company's efforts toward remodeling, renovation and refurbishment of stores with special attention on enhancing the reach of national and especially private-label brands bode well.
Apart from this Zacks Rank #3 (Hold) company, Macy's, Inc. M came out with its holiday sales data. It recorded comps growth of 1.1% for the combined November and December period.
A better-ranked stock in the same industry is Dillard's, Inc. DDS , which has delivered a positive earnings surprise of 115.8% in the last quarter. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Zacks Editor-in-Chief Goes "All In" on This Stock
Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.
Download 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
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Macy's Inc (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
J.C. Penney Company, Inc. Holding Company (JCP): 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.
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 better-ranked stock in the same industry is Dillard's, Inc. DDS , which has delivered a positive earnings surprise of 115.8% in the last quarter. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. The e-commerce growth was primarily driven by sought-after gifting categories like home decor as well as luggage, fine jewelry, toys, boots and athletic footwear.
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Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. A better-ranked stock in the same industry is Dillard's, Inc. DDS , which has delivered a positive earnings surprise of 115.8% in the last quarter. J. C. Penney Company, Inc.JCP reported positive comparable-store sales (comps) this festive season, unlike the prior year.
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Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. A better-ranked stock in the same industry is Dillard's, Inc. DDS , which has delivered a positive earnings surprise of 115.8% in the last quarter. J. C. Penney Company, Inc.JCP reported positive comparable-store sales (comps) this festive season, unlike the prior year.
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Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. A better-ranked stock in the same industry is Dillard's, Inc. DDS , which has delivered a positive earnings surprise of 115.8% in the last quarter. It was also fueled by the company's sturdy e-commerce business that recorded double-digit sales increase year over year.
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1ffa6a09-cd27-45af-b89f-26dfb63ffb23
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719768.0
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2018-01-02 00:00:00 UTC
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Do Dillard's Strategies (DDS) Poise It for Growth in 2018?
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DDS
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https://www.nasdaq.com/articles/do-dillards-strategies-dds-poise-it-for-growth-in-2018-2018-01-02
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nan
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nan
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Dillard's Inc.DDS is in a good form driven by strategic initiatives that aided the company's performance in the last reported quarter. The company continues to gain from its niche market position, offering a broad array of merchandise in its stores, featuring products from both national and exclusive brands.
Notably, this Zacks Rank #1 (Strong Buy) stock has outperformed the industry in the past year. Though Dillard's lost 2.8%, it fared better than the industry's 18.6% decline. Further, the company's long-term earnings growth rate of 2.6% and Value Score of B, highlight its inherent strength.
Growth Catalysts
Dillard's stringent focus on offering fashionable products to customers and adding value through exceptional customer care service is aiding stock performance. We believe that the company's strategy of offering fashion-forward and trendy products acts as a catalyst for attracting more customers.
Additionally, we are encouraged by its constant efforts to capitalize on growth opportunities in its brick-and-mortar stores and e-commerce business. With regard to stores, the company is benefiting from enhancing brand relations, focusing on in-trend categories, store remodels and rewarding store personnel. Further, its strategy of boosting growth across e-commerce business by improving merchandise assortments and effective inventory management bode well.
Moreover, Dillard's focus on increasing productivity and enhancing domestic operations are likely to strengthen customer base.
Focus on Improving Shareholder Value
Dillard's healthy cash flows provide the financial flexibility to take up shareholder-friendly moves as well as engage in store and online business expansion. During the nine months of the fiscal year, the company generated net cash flow from operations of $55.5 million and paid out $6.5 million in dividends. Further, it bought back 0.4 million shares for $23.7 million in the third quarter. As of Oct 28, 2017, Dillard's had an authorization worth $69.5 million remaining under its $500 million buyback program.
Strategic Initiatives Aid Quarterly Performance
Dillard's emerged strong in third-quarter fiscal 2017 as the bottom line surpassed the consensus estimate after a miss in the preceding quarter. Further, the top line outpaced estimates for second-straight quarter. Driven by growth initiatives, the company remains confident of future results. Hence, management retained fiscal 2017 guidance.
Markdowns & Challenging Industry Trends an Impediment
Dillard's performance is hurt by considerably high markdowns undertaken by the company to clear inventories. These have been weighing upon the gross margin for a while now. Additionally, Dillard's has been plagued by the challenging trends in the apparel retail segment arising out of the changing preference of customers from offline to online. While revenues surpassed estimates in the third quarter, it declined year over year with merchandise comparable store sales decreasing 0.8% due to the challenging retail backdrop. Meanwhile, persistence of these trends remains a threat.
Looking for Trending Retail Picks? Check These
Other top-ranked stocks in the retail sector include Shoe Carnival Inc. SCVL , Foot Locker Inc. FL , both sporting a Zacks Rank #1, and American Eagle Outfitters Inc. AEO carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Shoe Carnival, with long-term earnings per share growth rate of 12%, has surged 19.6% in the last three months.
Foot Locker has advanced a substantial 36.3% in the last three months. The stock has a long-term growth rate of 5%.
American Eagle has a long-term EPS growth rate of 7.5%. Further, the stock has returned 35% in three months.
Zacks Editor-in-Chief Goes ""All In"" on This Stock
Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.
Download 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
American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report
Foot Locker, Inc. (FL): Free Stock Analysis Report
Shoe Carnival, Inc. (SCVL): 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.
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 in a good form driven by strategic initiatives that aided the company's performance in the last reported quarter. Click to get this free report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Foot Locker, Inc. (FL): Free Stock Analysis Report Shoe Carnival, Inc. (SCVL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. The company continues to gain from its niche market position, offering a broad array of merchandise in its stores, featuring products from both national and exclusive brands.
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Click to get this free report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Foot Locker, Inc. (FL): Free Stock Analysis Report Shoe Carnival, Inc. (SCVL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is in a good form driven by strategic initiatives that aided the company's performance in the last reported quarter. Strategic Initiatives Aid Quarterly Performance Dillard's emerged strong in third-quarter fiscal 2017 as the bottom line surpassed the consensus estimate after a miss in the preceding quarter.
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Click to get this free report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Foot Locker, Inc. (FL): Free Stock Analysis Report Shoe Carnival, Inc. (SCVL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is in a good form driven by strategic initiatives that aided the company's performance in the last reported quarter. Growth Catalysts Dillard's stringent focus on offering fashionable products to customers and adding value through exceptional customer care service is aiding stock performance.
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Dillard's Inc.DDS is in a good form driven by strategic initiatives that aided the company's performance in the last reported quarter. Click to get this free report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Foot Locker, Inc. (FL): Free Stock Analysis Report Shoe Carnival, Inc. (SCVL): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. With regard to stores, the company is benefiting from enhancing brand relations, focusing on in-trend categories, store remodels and rewarding store personnel.
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29638158-0242-44f0-9636-3eaf7f357a59
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719769.0
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2018-01-02 00:00:00 UTC
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Macy’s Inc Stock Offers Benefits to Both Growth and Income Investors
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DDS
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https://www.nasdaq.com/articles/macys-inc-stock-offers-benefits-both-growth-and-income-investors-2018-01-02
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Macy's Inc (NYSE: M ), like most retailers, has suffered as competition from online retailers stoked fear throughout the industry. However, coming off a strong Christmas selling season, M stock has made some gains. Further, if one looks closely, Macy's has maintained a profit margin
Hence, the benefits of owning M stock are twofold; a rising stock from a Christmas-inspired relief rally, and a large, growing dividend that pays investors to wait for a recovery.
M Stock Has Held Up well Against Amazon
Like most brick-and-mortar retailers, Macy's stock has suffered from fear of Amazon.com, Inc. (NASDAQ: AMZN ). However, after a brisk Christmas season filled the malls, we all should question this assumption. One good Christmas does not a retail comeback make, but this latest shopping season shows that the "Amazon will take over" narrative appears untrue.
Even Amazon itself confirmed the appeal of physical stores by both purchasing Whole Foods Market and opening physical bookstores.
PepsiCo Inc. Is a 'Dividend Aristocrat' Worth Waiting For
The question on people's minds is where our changing shopping habits leave a company like Macy's. A few old-line retailers such as Nordstrom, Inc. (NYSE: JWN ), Dillard's, Inc . (NYSE: DDS ), or Lord & Taylor LLC (owned by Canada's Hudson's Bay Co (OTCMKTS: HBAYF )) remain in business.
Still, when analysts discuss retailers from the mid-20th century that remain in existence, most of the attention goes to Sears Holdings Corp (NASDAQ: SHLD ), J C Penney Co Inc (NYSE: JCP ), or Macy's. Of the three, only Macy's has returned consistent profits, albeit at much lower profit levels.
As my colleague Laura Hoy believes, the probable failure of Sears and possible failure of JCPenney could benefit Macy's stock . I happen to agree. Where I live in Dallas, the upscale shopping mall Galleria Dallas has enjoyed a revival after a large, nearby mall shut its doors. Macy's could benefit similarly with the other two stores out of the picture.
Macy's stock, like the stock of most retailers, has risen this holiday season as retail in general enjoyed a brisk Christmas. The rising tide lifted most boats, and M stock increased about 25% from its November lows.
Macy's Stock Benefits Lots of Investors
Profiting on a stock depends on more than mere survival. For that reason, growth-oriented investors should not avoid Macy's. Additionally, conservative and income-oriented investors should also look at this stock. Macy's stock has just created an opportunity to provide both growth and income.
M stock currently trades at about 12 times current earnings and 10 times forward earnings. Like many of my colleagues have implied, these valuations imply an Amazon takeover of retail. More evidence has come to light showing that people want non-Amazon options. With the average retailer trading at around 26 times earnings, M stock remains a bargain.
Moreover, the company will pay shareholders well to wait for a comeback. The Macy's stock dividend stands at 5.6% at its current price. Although Macy's profits have not returned to the highs of previous years, the company still earns more than enough to cover its $1.51 per share annual dividend.
The dividend has increased every year for seven years. This does not compare to the 46-year streak enjoyed by owners of Target Corporation (NYSE: TGT ). However, the streak is getting to the point that management would only cut it as a matter of company survival. If anything, management forgoing further increases remains a more likely worst-case scenario.
Concluding Thoughts on Macy's stock
The beginning of the recovery in Macy's stock provides both the benefits of growth from the stock recovery and a high-yield dividend that pays investors well to wait. While the fear of Amazon has sent profit margins and stock values reeling, Macy's has held its profit margin. Surviving this threat will likely mean higher sales as competitors close their doors.
Moreover, now that the stock has started to recover, investors will enjoy both a rising stock price and high dividend payments. For stockholders who want to have their cake and eat it too, M stock offers the perfect dessert.
As of this writing, Will Healy did not hold a position in any of the aforementioned stocks.
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The post Macy's Inc Stock Offers Benefits to Both Growth and Income Investors 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.
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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(NYSE: DDS ), or Lord & Taylor LLC (owned by Canada's Hudson's Bay Co (OTCMKTS: HBAYF )) remain in business. One good Christmas does not a retail comeback make, but this latest shopping season shows that the "Amazon will take over" narrative appears untrue. Still, when analysts discuss retailers from the mid-20th century that remain in existence, most of the attention goes to Sears Holdings Corp (NASDAQ: SHLD ), J C Penney Co Inc (NYSE: JCP ), or Macy's.
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(NYSE: DDS ), or Lord & Taylor LLC (owned by Canada's Hudson's Bay Co (OTCMKTS: HBAYF )) remain in business. M stock currently trades at about 12 times current earnings and 10 times forward earnings. Concluding Thoughts on Macy's stock The beginning of the recovery in Macy's stock provides both the benefits of growth from the stock recovery and a high-yield dividend that pays investors well to wait.
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(NYSE: DDS ), or Lord & Taylor LLC (owned by Canada's Hudson's Bay Co (OTCMKTS: HBAYF )) remain in business. Macy's stock, like the stock of most retailers, has risen this holiday season as retail in general enjoyed a brisk Christmas. Concluding Thoughts on Macy's stock The beginning of the recovery in Macy's stock provides both the benefits of growth from the stock recovery and a high-yield dividend that pays investors well to wait.
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(NYSE: DDS ), or Lord & Taylor LLC (owned by Canada's Hudson's Bay Co (OTCMKTS: HBAYF )) remain in business. Macy's Stock Benefits Lots of Investors Profiting on a stock depends on more than mere survival. However, the streak is getting to the point that management would only cut it as a matter of company survival.
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db28a452-ca74-4f8d-b6f3-acd45ad963a7
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719770.0
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2017-12-28 00:00:00 UTC
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Noteworthy Thursday Option Activity: RGLD, DDS, AMZN
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DDS
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https://www.nasdaq.com/articles/noteworthy-thursday-option-activity-rgld-dds-amzn-2017-12-28
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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 Royal Gold Inc (Symbol: RGLD), where a total volume of 10,505 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 217.8% of RGLD's average daily trading volume over the past month, of 482,350 shares. Particularly high volume was seen for the $85 strike put option expiring January 19, 2018 , with 1,797 contracts trading so far today, representing approximately 179,700 underlying shares of RGLD. Below is a chart showing RGLD's trailing twelve month trading history, with the $85 strike highlighted in orange:
Dillard's Inc. (Symbol: DDS) options are showing a volume of 10,886 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 174.6% of DDS's average daily trading volume over the past month, of 623,635 shares. Especially high volume was seen for the $62.50 strike call option expiring January 19, 2018 , with 3,069 contracts trading so far today, representing approximately 306,900 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $62.50 strike highlighted in orange:
And Amazon.com Inc (Symbol: AMZN) options are showing a volume of 53,989 contracts thus far today. That number of contracts represents approximately 5.4 million underlying shares, working out to a sizeable 161.3% of AMZN's average daily trading volume over the past month, of 3.3 million shares. Especially high volume was seen for the $1190 strike call option expiring December 29, 2017 , with 2,896 contracts trading so far today, representing approximately 289,600 underlying shares of AMZN. Below is a chart showing AMZN's trailing twelve month trading history, with the $1190 strike highlighted in orange:
For the various different available expirations for RGLD options , DDS options , or AMZN 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.
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 $62.50 strike call option expiring January 19, 2018 , with 3,069 contracts trading so far today, representing approximately 306,900 underlying shares of DDS. Below is a chart showing RGLD's trailing twelve month trading history, with the $85 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) options are showing a volume of 10,886 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 174.6% of DDS's average daily trading volume over the past month, of 623,635 shares.
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Below is a chart showing RGLD's trailing twelve month trading history, with the $85 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) options are showing a volume of 10,886 contracts thus far today. Below is a chart showing DDS's trailing twelve month trading history, with the $62.50 strike highlighted in orange: And Amazon.com Inc (Symbol: AMZN) options are showing a volume of 53,989 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 174.6% of DDS's average daily trading volume over the past month, of 623,635 shares.
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Especially high volume was seen for the $62.50 strike call option expiring January 19, 2018 , with 3,069 contracts trading so far today, representing approximately 306,900 underlying shares of DDS. Below is a chart showing RGLD's trailing twelve month trading history, with the $85 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) options are showing a volume of 10,886 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 174.6% of DDS's average daily trading volume over the past month, of 623,635 shares.
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Below is a chart showing AMZN's trailing twelve month trading history, with the $1190 strike highlighted in orange: For the various different available expirations for RGLD options , DDS options , or AMZN options , visit StockOptionsChannel.com. Below is a chart showing RGLD's trailing twelve month trading history, with the $85 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) options are showing a volume of 10,886 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 174.6% of DDS's average daily trading volume over the past month, of 623,635 shares.
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374b0ac5-e213-457f-b2ad-dc98b478673d
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719771.0
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2017-12-22 00:00:00 UTC
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Dillards Shows Rising Relative Price Performance; Still Shy Of Key Benchmark
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DDS
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https://www.nasdaq.com/articles/dillards-shows-rising-relative-price-performance-still-shy-key-benchmark-2017-12-22
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nan
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nan
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On Friday, Dillards ( DDS ) got a positive adjustment to its Relative Strength ( RS ) Rating , from 69 to 73.
[ibd-display-video id=2881825 width=50 float=left autostart=true] IBD's proprietary RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the best stocks typically have an RS Rating north of 80 as they launch their biggest price moves. See if Dillards can continue to show renewed price strength and hit that benchmark.
Looking For The Best Stocks To Buy And Watch? Start Here
While the stock is not near a proper buying range right now, see if it goes on to form and break out from a proper consolidation.
Although earnings and sales growth came in at -39% and -1%, respectively, in the latest report, that marked one quarter of improvement for EPS and two for the top line.
Dillards earns the No. 4 rank among its peers in the Retail-Department Stores industry group. Kohls ( KSS ) is the No. 1-ranked stock within the group.
RELATED:
Which Stocks Are Showing Improved Price Performance?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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 Friday, Dillards ( DDS ) got a positive adjustment to its Relative Strength ( RS ) Rating , from 69 to 73. Decades of market research shows that the best stocks typically have an RS Rating north of 80 as they launch their biggest price moves. Although earnings and sales growth came in at -39% and -1%, respectively, in the latest report, that marked one quarter of improvement for EPS and two for the top line.
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On Friday, Dillards ( DDS ) got a positive adjustment to its Relative Strength ( RS ) Rating , from 69 to 73. [ibd-display-video id=2881825 width=50 float=left autostart=true] IBD's proprietary RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database. Which Stocks Are Showing Improved Price Performance?
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On Friday, Dillards ( DDS ) got a positive adjustment to its Relative Strength ( RS ) Rating , from 69 to 73. [ibd-display-video id=2881825 width=50 float=left autostart=true] IBD's proprietary RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database. Decades of market research shows that the best stocks typically have an RS Rating north of 80 as they launch their biggest price moves.
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On Friday, Dillards ( DDS ) got a positive adjustment to its Relative Strength ( RS ) Rating , from 69 to 73. Dillards earns the No. Which Stocks Are Showing Improved Price Performance?
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905ab2f4-7a06-406f-ace6-3aa9a9c9b86d
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719772.0
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2017-12-14 00:00:00 UTC
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Thursday Sector Laggards: Home Furnishings & Improvement, Department Stores
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DDS
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https://www.nasdaq.com/articles/thursday-sector-laggards-home-furnishings-improvement-department-stores-2017-12-14
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nan
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nan
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In trading on Thursday, home furnishings & improvement shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of Pier 1 Imports ( PIR ), off about 29.1% and shares of Aarons ( AAN ) down about 3.7% on the day.
Also lagging the market Thursday are department stores shares, down on the day by about 1.1% as a group, led down by Freds ( FRED ), trading lower by about 7.6% and Dillards ( DDS ), trading lower by about 2.3%.
VIDEO: Thursday Sector Laggards: Home Furnishings & Improvement, Department Stores
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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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Also lagging the market Thursday are department stores shares, down on the day by about 1.1% as a group, led down by Freds ( FRED ), trading lower by about 7.6% and Dillards ( DDS ), trading lower by about 2.3%. In trading on Thursday, home furnishings & improvement shares were relative laggards, down on the day by about 1.9%. VIDEO: Thursday Sector Laggards: Home Furnishings & Improvement, Department Stores 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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Also lagging the market Thursday are department stores shares, down on the day by about 1.1% as a group, led down by Freds ( FRED ), trading lower by about 7.6% and Dillards ( DDS ), trading lower by about 2.3%. In trading on Thursday, home furnishings & improvement shares were relative laggards, down on the day by about 1.9%. VIDEO: Thursday Sector Laggards: Home Furnishings & Improvement, Department Stores 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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Also lagging the market Thursday are department stores shares, down on the day by about 1.1% as a group, led down by Freds ( FRED ), trading lower by about 7.6% and Dillards ( DDS ), trading lower by about 2.3%. VIDEO: Thursday Sector Laggards: Home Furnishings & Improvement, Department Stores The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 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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Also lagging the market Thursday are department stores shares, down on the day by about 1.1% as a group, led down by Freds ( FRED ), trading lower by about 7.6% and Dillards ( DDS ), trading lower by about 2.3%. In trading on Thursday, home furnishings & improvement shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of Pier 1 Imports ( PIR ), off about 29.1% and shares of Aarons ( AAN ) down about 3.7% on the day.
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cf60d653-df2c-443d-8607-d515681545cc
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719773.0
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2017-12-06 00:00:00 UTC
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Stocks to Sell for 2018
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DDS
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https://www.nasdaq.com/articles/stocks-sell-2018-2017-12-06
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nan
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Recommending stocks to sell in a hot market is begging to be humbled. Even when a company disappoints investors, a "buy the dip" mentality can mean that any share-price decline will be short-lived. Nonetheless, here are five stocks we think are good candidates to jettison.
SEE ALSO: 8 Stocks to Buy in 2018
Many of the biggest players in the packaged-food industry continue to struggle amid heated competition and changing consumer tastes. Shares of General Mills ( GIS , $52) have been falling since mid 2016. The stock took another hit when the company, known for brands such as Cheerios, Betty Crocker and Yoplait, reported that sales in the quarter ended August 27 slid 4% from a year earlier. Goldman Sachs advises selling the stock, predicting continued earnings erosion "for the foreseeable future."
Likewise, Goldman has a bleak outlook for J.M. Smucker ( SJM , $106), known for its iconic jellies but also home to brands that include Crisco, Folgers, Jif and Milk-Bone. Smucker is among the most vulnerable to industry pressures, including market resistance to price increases and more competition from grocers' private-label brands, Goldman says. The brokerage sees flat sales and earnings for at least the next two years.
SEE ALSO: 50 Dividend Stocks You Can Count on in 2018
Consumer-products companies' woes are bleeding into the advertisers that get paid to peddle their brands. Brokerage Morgan Stanley says revenue growth at major U.S. ad agencies has been decelerating over the past 18 months as consumer-goods companies rethink their marketing spending. The brokerage is particularly concerned about ad firm Omnicom Group ( OMC , $67). In October, fast-food king McDonald's, an Omnicom client, said it was reviewing its ad-buying decisions. Morgan Stanley says Omnicom's shares could fall to $52 if revenue growth shrinks further.
Department-store shareholders keep looking for reasons to hang on. Dillard's ( DDS , $51), which operates 268 stores in 29 states, has seen its shares plunge 64% since April 2015. Yet even with sales at its stores still shrinking, management has been "complacent" about innovation, says Deutsche Bank. With the shares priced at about 17 times expected profit of $3.06 a share in the fiscal year ending January 2019, the brokerage says Dillard's has the "least compelling" valuation in the industry.
SEE ALSO: 32 Companies That Amazon Could Ruin
A year ago we said you should sell electric-car phenomenon Tesla ( TSLA , $332), when it traded for $190 a share. We were too early. But we think Tesla is even more overpriced now.
There's no denying that Tesla's technology is exciting. But production snafus have caused the company to repeatedly scale back founder Elon Musk's plan to churn out 500,000 of the new mass-market Model 3 cars in 2018. Even so, analysts at stock research firm CFRA still are optimistic that Tesla's losses will continue to shrink, and that the company can earn $5.50 a share in 2019. But as Tesla gets closer to profitability, investors should begin to value it more in line with other manufacturers. Even allowing for a very rich P/E of 50 on the 2019 profit estimate, CFRA says, the shares should be trading at $275 a year from now.
SEE ALSO: 10 Tech Stocks That Could Disappear by 2027
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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 , $51), which operates 268 stores in 29 states, has seen its shares plunge 64% since April 2015. SEE ALSO: 8 Stocks to Buy in 2018 Many of the biggest players in the packaged-food industry continue to struggle amid heated competition and changing consumer tastes. The stock took another hit when the company, known for brands such as Cheerios, Betty Crocker and Yoplait, reported that sales in the quarter ended August 27 slid 4% from a year earlier.
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Dillard's ( DDS , $51), which operates 268 stores in 29 states, has seen its shares plunge 64% since April 2015. Brokerage Morgan Stanley says revenue growth at major U.S. ad agencies has been decelerating over the past 18 months as consumer-goods companies rethink their marketing spending. Morgan Stanley says Omnicom's shares could fall to $52 if revenue growth shrinks further.
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Dillard's ( DDS , $51), which operates 268 stores in 29 states, has seen its shares plunge 64% since April 2015. With the shares priced at about 17 times expected profit of $3.06 a share in the fiscal year ending January 2019, the brokerage says Dillard's has the "least compelling" valuation in the industry. SEE ALSO: 32 Companies That Amazon Could Ruin A year ago we said you should sell electric-car phenomenon Tesla ( TSLA , $332), when it traded for $190 a share.
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Dillard's ( DDS , $51), which operates 268 stores in 29 states, has seen its shares plunge 64% since April 2015. Smucker is among the most vulnerable to industry pressures, including market resistance to price increases and more competition from grocers' private-label brands, Goldman says. Morgan Stanley says Omnicom's shares could fall to $52 if revenue growth shrinks further.
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58dc537e-2386-46e7-9901-b20350902028
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719774.0
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2017-12-01 00:00:00 UTC
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Mall Stocks Need More Than Black Friday to Flourish
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https://www.nasdaq.com/articles/mall-stocks-need-more-black-friday-flourish-2017-12-01
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
The mall had one job this week: prove to Wall Street that the world hasn't ended for conventional brick-and-mortar retail. That's all it took to push store stocks like Macy's Inc (NYSE: M ), Nordstrom, Inc. (NYSE: JWN ) and Dillard's, Inc. (NYSE: DDS ) up 13%-21% since the doors opened on Black Friday.
Source: Shutterstock
Amazon.com, Inc. (NASDAQ: AMZN ), meanwhile, has at best drifted down about 2% over the same timeframe. On that level, at least, the mall is "winning" the season … but the real question is what happens when the holidays are over.
One reason brick and mortar is rebounding so fast is that sentiment around retail was already so dismal that it didn't take a lot of good news to bend the bear trend.
Think of it as the reverse of a stock with a sky-high valuation dropping like a rock when earnings miss by a fraction of a penny - the math to support the stock price has gotten so precarious that a tiny readjustment blows the entire house of cards down.
AMZN currently trades at a lofty 146X next year's earnings estimate and is vulnerable to that kind of blowback. The mall stocks, on the other hand, were priced for the apocalypse, where those dynamics work the other way. When you're a company like Macy's priced at 9X forward earnings, even a little confidence in the status quo is all the vultures need.
12 Best Dividend Stocks for the Next 12 Months
The ray of light this season is as simple as it gets. People actually got in the car and went to the mall this weekend. Not everyone stayed home and bought all their holiday gifts online.
According to National Retail Federation surveys, brick and mortar played a role in 70% of all retail activity over the long weekend, which sounds healthy - until you consider that a decade ago that number would be close enough to 100% to squelch any controversy.
That's not really a winning trend for anyone but AMZN and its spawn, although it's clear that the chain stores are going to delay the day of reckoning at least one more year.
An Opportunistic Swing Trade?
Still, I'm not convinced these stocks are anything but an opportunistic swing trade right now. There's no mall retailer lighting up my screens, and I don't expect that to change until I see truly compelling pricing combined with a clear strategic route to compete with online retail in the long haul. Rearranging the deck chairs on the display floor to bring in the crowds is good for a bounce, but that's about it.
Black Friday shopping is a once-a-year tradition at this point. We'll need those crowds to stick around for the other 51 weekends of the New Year to see the real recovery here - and we'll need proof those people are buying the merchandise they drive out to see.
Buried in those National Retail Federation numbers is the ominous note that 64 million people are shopping "both online and in stores," which means they're in the showroom grabbing the in-store deals and then lining up electronic shopping carts to match everything else. Until the malls transform their business models to get into the showrooming business, that's not really a long-term future.
At best, I believe the inevitable is only being delayed.
Why GoPro Inc Stock May Still Be a Sinking Ship
Retail stocks traditionally surge this time of year, and we should rejoice in their good seasonal fortune. But when January rolls around, remember that while Macy's is up big here around $24, it's going to take a lot more to get a cheer out of long-term shareholders who were in it two years ago at $66.
It's not winning the holiday that makes these charts. That's what AMZN does the other 51 weeks of the year.
Hilary Kramer is the editor of GameChangers , Breakout Stocks , High Octane Trader , Absolute Capital Return and Value Authority . She is an accomplished investment specialist and market strategist with more than 25 years of experience in portfolio management, equity research, trading, and risk management. She has extensive expertise in global financial management, asset allocation, investment banking and private equity ventures, and is regularly sought after to provide her analysis on Bloomberg, CNBC, Fox Business Network and other media.
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The post Mall Stocks Need More Than Black Friday to Flourish 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.
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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That's all it took to push store stocks like Macy's Inc (NYSE: M ), Nordstrom, Inc. (NYSE: JWN ) and Dillard's, Inc. (NYSE: DDS ) up 13%-21% since the doors opened on Black Friday. One reason brick and mortar is rebounding so fast is that sentiment around retail was already so dismal that it didn't take a lot of good news to bend the bear trend. Hilary Kramer is the editor of GameChangers , Breakout Stocks , High Octane Trader , Absolute Capital Return and Value Authority .
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That's all it took to push store stocks like Macy's Inc (NYSE: M ), Nordstrom, Inc. (NYSE: JWN ) and Dillard's, Inc. (NYSE: DDS ) up 13%-21% since the doors opened on Black Friday. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The mall had one job this week: prove to Wall Street that the world hasn't ended for conventional brick-and-mortar retail. Buried in those National Retail Federation numbers is the ominous note that 64 million people are shopping "both online and in stores," which means they're in the showroom grabbing the in-store deals and then lining up electronic shopping carts to match everything else.
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That's all it took to push store stocks like Macy's Inc (NYSE: M ), Nordstrom, Inc. (NYSE: JWN ) and Dillard's, Inc. (NYSE: DDS ) up 13%-21% since the doors opened on Black Friday. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The mall had one job this week: prove to Wall Street that the world hasn't ended for conventional brick-and-mortar retail. Why GoPro Inc Stock May Still Be a Sinking Ship Retail stocks traditionally surge this time of year, and we should rejoice in their good seasonal fortune.
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That's all it took to push store stocks like Macy's Inc (NYSE: M ), Nordstrom, Inc. (NYSE: JWN ) and Dillard's, Inc. (NYSE: DDS ) up 13%-21% since the doors opened on Black Friday. Black Friday shopping is a once-a-year tradition at this point. That's what AMZN does the other 51 weeks of the year.
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719775.0
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2017-11-29 00:00:00 UTC
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Wednesday Sector Leaders: Grocery & Drug Stores, Department Stores
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DDS
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https://www.nasdaq.com/articles/wednesday-sector-leaders-grocery-drug-stores-department-stores-2017-11-29
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In trading on Wednesday, grocery & drug stores shares were relative leaders, up on the day by about 3.2%. Leading the group were shares of Rite Aid ( RAD ), up about 17.7% and shares of Spartannash Company ( SPTN ) up about 7.8% on the day.
Also showing relative strength are department stores shares, up on the day by about 3.2% as a group, led by Dillard's ( DDS ), trading up by about 9.4% and Macy's ( M ), trading up by about 8.3% on Wednesday.
VIDEO: Wednesday Sector Leaders: Grocery & Drug Stores, Department Stores
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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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Also showing relative strength are department stores shares, up on the day by about 3.2% as a group, led by Dillard's ( DDS ), trading up by about 9.4% and Macy's ( M ), trading up by about 8.3% on Wednesday. In trading on Wednesday, grocery & drug stores shares were relative leaders, up on the day by about 3.2%. VIDEO: Wednesday Sector Leaders: Grocery & Drug Stores, Department Stores 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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Also showing relative strength are department stores shares, up on the day by about 3.2% as a group, led by Dillard's ( DDS ), trading up by about 9.4% and Macy's ( M ), trading up by about 8.3% on Wednesday. In trading on Wednesday, grocery & drug stores shares were relative leaders, up on the day by about 3.2%. VIDEO: Wednesday Sector Leaders: Grocery & Drug Stores, Department Stores 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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Also showing relative strength are department stores shares, up on the day by about 3.2% as a group, led by Dillard's ( DDS ), trading up by about 9.4% and Macy's ( M ), trading up by about 8.3% on Wednesday. In trading on Wednesday, grocery & drug stores shares were relative leaders, up on the day by about 3.2%. VIDEO: Wednesday Sector Leaders: Grocery & Drug Stores, Department Stores 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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Also showing relative strength are department stores shares, up on the day by about 3.2% as a group, led by Dillard's ( DDS ), trading up by about 9.4% and Macy's ( M ), trading up by about 8.3% on Wednesday. In trading on Wednesday, grocery & drug stores shares were relative leaders, up on the day by about 3.2%. Leading the group were shares of Rite Aid ( RAD ), up about 17.7% and shares of Spartannash Company ( SPTN ) up about 7.8% on the day.
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719776.0
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2017-11-28 00:00:00 UTC
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Will Dillard's (DDS) Stock Rise Further Post Q3 Earnings?
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https://www.nasdaq.com/articles/will-dillards-dds-stock-rise-further-post-q3-earnings-2017-11-28
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Dillard's, Inc.DDS is well positioned to benefit from its growth strategies. Also, the recent upward estimate revisions after the company reported better-than-expected third-quarter fiscal 2017 results raise analysts' optimism on the stock.
Driven by its strategic initiatives, Dillard's shares have gained 8% in the past six months, as against the industry 's decline of 0.4%. Additionally, a Momentum Score of A makes this Zacks Rank #3 (Hold) company a safe haven.
Let's take a closer look for a deeper analysis.
Q3 & Favorable Estimate Revisions
The Zacks Consensus Estimate has witnessed an uptrend in the last 30 days, following the third-quarter results. For fiscal 2017, the consensus mark moved up by 18 cents to $3.50 per share and for fiscal 2018, it moved north by 40 cents to $3.46.
Dillard's delivered robust third-quarter results, wherein both the top and bottom lines outpaced the estimates. However, its earnings and revenues declined year over year. In the meantime, increased markdowns to manage inventories have been denting the company's margins. Nevertheless, management retained its fiscal 2017 forecasts. (Read more: Dillard's Tops Q3 Earnings & Sales, Stock Jumps 12% )
Near-Term Catalysts
As Dillard's is a leading player among fashion apparel, cosmetics and home furnishing retailers, it offers a broad array of merchandise in its stores, featuring products from both national and exclusive brands. In fact, the company has created a niche for itself through stringent focus on offering fashionable products to its customers and adding value through exceptional customer care service. We believe that its strategy of offering fashion-forward and trendy products acts as a catalyst for attracting more customers.
Meanwhile, this leading departmental store chain has been gaining from its omni-channel initiatives. On the store front, the company is enhancing brand relations, focusing on in-trend categories, store remodels and rewarding store personnel. In fact, some of the strategies to boost growth across its e-commerce business include improving merchandise assortments and effective inventory management. Dillard's focus on increasing productivity and enhancing domestic operations are likely to strengthen customer base. Additionally, its constant shareholder-friendly moves are noteworthy.
Three More Stocks That Witnessed Positive Estimate Revisions Lately
Hibbett Sports Inc. HIBB consensus mark for fourth quarter and fiscal 2018 has moved up by a penny and 12 cents to 25 cents per share and $1.42 per share, respectively, in the last 30 days. Currently, it sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Dollar Tree, Inc. DLTR has witnessed estimates for fourth quarter and fiscal 2017 increase from $1.80 to $1.85 and $4.66 to $4.81, respectively in the past seven days. This discount store retailer carries a Zacks Rank #2 (Buy).
Ross Stores, Inc. ROST earnings estimates for fiscal 2017 have increased by 6 cents to $3.28 in the last 30 days. The discount store retailer holds a Zacks Rank #2.
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Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
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Hibbett Sports, Inc. (HIBB): 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.
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 well positioned to benefit from its growth strategies. Click to get this free report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ross Stores, Inc. (ROST): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Also, the recent upward estimate revisions after the company reported better-than-expected third-quarter fiscal 2017 results raise analysts' optimism on the stock.
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Click to get this free report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ross Stores, Inc. (ROST): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS is well positioned to benefit from its growth strategies. Three More Stocks That Witnessed Positive Estimate Revisions Lately Hibbett Sports Inc. HIBB consensus mark for fourth quarter and fiscal 2018 has moved up by a penny and 12 cents to 25 cents per share and $1.42 per share, respectively, in the last 30 days.
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Click to get this free report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ross Stores, Inc. (ROST): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS is well positioned to benefit from its growth strategies. (Read more: Dillard's Tops Q3 Earnings & Sales, Stock Jumps 12% ) Near-Term Catalysts As Dillard's is a leading player among fashion apparel, cosmetics and home furnishing retailers, it offers a broad array of merchandise in its stores, featuring products from both national and exclusive brands.
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Dillard's, Inc.DDS is well positioned to benefit from its growth strategies. Click to get this free report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ross Stores, Inc. (ROST): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Also, the recent upward estimate revisions after the company reported better-than-expected third-quarter fiscal 2017 results raise analysts' optimism on the stock.
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719777.0
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2017-11-21 00:00:00 UTC
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Tuesday Sector Laggards: Apparel Stores, Department Stores
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https://www.nasdaq.com/articles/tuesday-sector-laggards-apparel-stores-department-stores-2017-11-21
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In trading on Tuesday, apparel stores shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of DSW Incorporated, down about 12.2% and shares of Netshoes Cayman Limited down about 6.5% on the day.
Also lagging the market Tuesday are department stores shares, down on the day by about 0.8% as a group, led down by JC Penney, trading lower by about 3.6% and Dillards, trading lower by about 2.8%.
VIDEO: Tuesday Sector Laggards: Apparel Stores, Department Stores
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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 Tuesday, apparel stores shares were relative laggards, down on the day by about 1.3%. Also lagging the market Tuesday are department stores shares, down on the day by about 0.8% as a group, led down by JC Penney, trading lower by about 3.6% and Dillards, trading lower by about 2.8%. VIDEO: Tuesday Sector Laggards: Apparel Stores, Department Stores 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 Tuesday, apparel stores shares were relative laggards, down on the day by about 1.3%. VIDEO: Tuesday Sector Laggards: Apparel Stores, Department Stores The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 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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Also lagging the market Tuesday are department stores shares, down on the day by about 0.8% as a group, led down by JC Penney, trading lower by about 3.6% and Dillards, trading lower by about 2.8%. VIDEO: Tuesday Sector Laggards: Apparel Stores, Department Stores The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 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 Tuesday, apparel stores shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of DSW Incorporated, down about 12.2% and shares of Netshoes Cayman Limited down about 6.5% on the day. VIDEO: Tuesday Sector Laggards: Apparel Stores, Department Stores 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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2017-11-13 00:00:00 UTC
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Why Dillard's, Inc. Stock Spiked Last Week
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https://www.nasdaq.com/articles/why-dillards-inc-stock-spiked-last-week-2017-11-13
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Three months ago, department store operator Dillard's (NYSE: DDS) released a dreadful second-quarter earnings report , as an inventory glut undermined gross margin. Dillard's ended the quarter with inventory still up 2% year over year, so investors had to worry that the company's profitability woes would continue in the third quarter.
On Thursday, Dillard's stock rose by double digits after larger rivals Macy's (NYSE: M) and Kohl's posted better-than-expected third quarter results. Dillard's justified that spike on Thursday afternoon by reporting solid sales results for the third quarter, along with a profit that was more than twice what analysts were expecting. Still, the stock looks overly expensive in light of Dillard's ongoing margin problems.
Dillard's follows up a weak quarter with a better one
In the second quarter, Dillard's comparable store sales declined just 1% year over year. That was significantly better than the trend at department store giant Macy's. However, Dillard's gross margin plummeted by more than 2 percentage points during the quarter. This led to a loss of $0.58 per share, whereas analysts had been expecting EPS of $0.19.
Last quarter, comp sales declined by 1% again. This was a surprisingly good result, given that a number of Dillard's stores were impacted by Hurricane Harvey and Hurricane Irma. Had the hurricanes not occurred, comp sales probably would have been flat, according to CEO William T. Dillard, II.
Gross margin contracted again in Q3, this time by more than 1.3 percentage points. As a result, EPS fell to $0.50 -- or $0.41, excluding an asset sale gain and a debt extinguishment charge -- compared to $0.67 a year earlier. Still, this was much better than what analysts had expected.
Mixed signals
Like other department stores that reported earnings last week, Dillard's noted that sales trends improved near the end of the third quarter. That could bode well for sales during the critical holiday season.
However, Dillard's is living on the edge once again with respect to inventory. It ended the third quarter with inventory up 3% year over year. (For comparison, Macy's ended the quarter with inventory down 7%, and down more than 4% on a per-store basis.) As a result, if sales trends weaken between now and Christmas, Dillard's would be at risk of another steep gross margin decline for the fourth quarter.
Too much inconsistency
For the past two quarters, Dillard's has posted significantly better sales results than Macy's and most of its other close competitors. Unfortunately, this isn't translating to strong profitability. Year-to-date, Dillard's pre-tax margin has collapsed to 2.3% (or 2.2%, excluding its asset sale gain), compared to 4% a year earlier.
It's hard to be confident that results are about to improve. Dillard's is incredibly secretive: The company doesn't hold earnings calls, present at investor conferences, or publish much in the way of guidance. This wasn't a big deal when it was consistently growing earnings, but profitability has been on the wane for more than two years, and Dillard's has missed analysts' earnings estimates by a country mile in two of the past four quarters.
Despite its maddening inconsistency, Dillard's stock trades for more than 14 times trailing earnings. By contrast, Macy's stock trades for less than 10 times trailing earnings, even if you strip out all of its asset sale gains of the past year.
Finally, Macy's is investing heavily in technology and other capital spending projects in order to return to growth. Meanwhile, Dillard's has cut capex to the bone in order to maximize its share buybacks. If investors want to bet on a department store turnaround, Macy's looks like a much better choice than Dillard's.
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Adam Levine-Weinberg owns shares of Kohl's and Macy's. 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.
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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Three months ago, department store operator Dillard's (NYSE: DDS) released a dreadful second-quarter earnings report , as an inventory glut undermined gross margin. On Thursday, Dillard's stock rose by double digits after larger rivals Macy's (NYSE: M) and Kohl's posted better-than-expected third quarter results. Mixed signals Like other department stores that reported earnings last week, Dillard's noted that sales trends improved near the end of the third quarter.
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Three months ago, department store operator Dillard's (NYSE: DDS) released a dreadful second-quarter earnings report , as an inventory glut undermined gross margin. Dillard's follows up a weak quarter with a better one In the second quarter, Dillard's comparable store sales declined just 1% year over year. Mixed signals Like other department stores that reported earnings last week, Dillard's noted that sales trends improved near the end of the third quarter.
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Three months ago, department store operator Dillard's (NYSE: DDS) released a dreadful second-quarter earnings report , as an inventory glut undermined gross margin. Dillard's ended the quarter with inventory still up 2% year over year, so investors had to worry that the company's profitability woes would continue in the third quarter. Dillard's justified that spike on Thursday afternoon by reporting solid sales results for the third quarter, along with a profit that was more than twice what analysts were expecting.
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Three months ago, department store operator Dillard's (NYSE: DDS) released a dreadful second-quarter earnings report , as an inventory glut undermined gross margin. Dillard's follows up a weak quarter with a better one In the second quarter, Dillard's comparable store sales declined just 1% year over year. Mixed signals Like other department stores that reported earnings last week, Dillard's noted that sales trends improved near the end of the third quarter.
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2017-11-10 00:00:00 UTC
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Dillard's (DDS) Tops Q3 Earnings & Sales, Stock Jumps 12%
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https://www.nasdaq.com/articles/dillards-dds-tops-q3-earnings-sales-stock-jumps-12-2017-11-10
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Shares of Dillard's Inc.DDS surged a solid 12.2% yesterday, following the company's robust third-quarter fiscal 2017 performance. Notably, the company surpassed both sales and earnings estimates for the quarter, while both the top and bottom lines dropped year over year. This marked the company's second earnings beat in five quarters, while sales beat estimates for the third time in a row.
Overall, this Zacks Rank #4 (Sell) stock has jumped 8.6% in the past month, against the industry 's 4.5% slump.
Q3 Numbers
The company reported adjusted earnings per share of 41 cents per share, which compares unfavorably with the year-ago period earnings of 67 cents. However, bottom-line results considerably surpassed the Zacks Consensus Estimate of 19 cents.
Dillard's, Inc. Price, Consensus and EPS Surprise
Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote
Dillard's total revenues (including service charges and other income) of $1,396.8 million dropped 0.7% from the year-ago quarter, while it topped the Zacks Consensus Estimate of $1,338.1 million.
Dillard's net sales (including CDI Contractors LLC or CDI) dipped 0.8% year over year to $1,354.9 million in the reported quarter. Merchandise sales, excluding CDI, slipped 1% to roughly $1,385 million. Merchandise comparable-store sales for the 13-week period ended Oct 28, 2017 were also down 0.8% from the year-ago period to $1,313 million. Sales in comparable stores dipped 1%.
While ladies' apparel category displayed an above-average performance in the quarter, sales at the ladies' accessories and lingerie as well as juniors' and children's apparel also surpassed the company's trend. Further, Dillard's performance was noteworthy across men's apparel and accessories, and home and furniture. However, this was offset by softness in shoes and cosmetics categories. The Western and Eastern regions were the best performers, trailed by the Central region.
Consolidated gross margin contracted 133 basis points (bps), while gross margin from retail operations (excluding CDI) fell 137 bps due to higher markdowns.
Dillard's SG&A expenses (as a percentage of sales) escalated 20 bps to 30.3%. In dollar terms, SG&A expenses inched up 0.1% to $411.1 million.
Financial Details
Dillard's ended the quarter with cash and cash equivalents of $114.9 million, long-term debt and capital leases (excluding current portions) of $368.6 million and total shareholders' equity of $1,590.6 million. Merchandise inventories improved 2.9% year over year to $1,957.2 million.
During the nine months of the fiscal, the company generated net cash flow from operations of $55.5 million and incurred $6.5 million in dividends. It bought back 0.4 million shares for $23.7 million in the third quarter. As of Oct 28, 2017, Dillard's had an authorization worth $69.5 million remaining under its $500 million buyback program.
Store Update
As of Oct 28, 2017, Dillard's had about 268 namesake outlets and 25 clearance centers operating in 29 states, as well as an online store at www.dillards.com. Dillard's total square footage, as of Oct 28 was 49.1 million.
Fiscal 2017 View Reaffirmed
Dillard's retained fiscal 2017 forecasts. The company expects rentals of approximately $28 million. In fiscal 2016, the company's rentals amounted to $26 million. Net interest and debt expenses are anticipated to be nearly $63 million, flat with fiscal 2016 level. Further, the company projects capital expenditures of about $125 million for fiscal 2017 compared with $105 million in fiscal 2016.
Depreciation and amortization expenses for fiscal 2017 are expected at $230 million compared with $244 million in the prior year.
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Zumiez Inc. ZUMZ , with a long-term EPS growth rate of 18%, carries a Zacks Rank #2.
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Nordstrom, Inc. (JWN): 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.
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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Shares of Dillard's Inc.DDS surged a solid 12.2% yesterday, following the company's robust third-quarter fiscal 2017 performance. Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Check these 3 Trending Picks American Eagle Outfitters Inc. AEO , with a long-term EPS growth rate of 8.7% has a Zacks Rank #2 (Buy).
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Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's Inc.DDS surged a solid 12.2% yesterday, following the company's robust third-quarter fiscal 2017 performance. Dillard's, Inc. Price, Consensus and EPS Surprise Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote Dillard's total revenues (including service charges and other income) of $1,396.8 million dropped 0.7% from the year-ago quarter, while it topped the Zacks Consensus Estimate of $1,338.1 million.
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Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's Inc.DDS surged a solid 12.2% yesterday, following the company's robust third-quarter fiscal 2017 performance. Dillard's, Inc. Price, Consensus and EPS Surprise Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote Dillard's total revenues (including service charges and other income) of $1,396.8 million dropped 0.7% from the year-ago quarter, while it topped the Zacks Consensus Estimate of $1,338.1 million.
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Shares of Dillard's Inc.DDS surged a solid 12.2% yesterday, following the company's robust third-quarter fiscal 2017 performance. Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Nordstrom, Inc. (JWN): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, the company surpassed both sales and earnings estimates for the quarter, while both the top and bottom lines dropped year over year.
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9d6a643d-e172-41b3-a133-348c52e538b0
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719780.0
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2017-11-10 00:00:00 UTC
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Notable Friday Option Activity: PBYI, NFLX, DDS
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DDS
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https://www.nasdaq.com/articles/notable-friday-option-activity-pbyi-nflx-dds-2017-11-10
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Puma Biotechnology Inc (Symbol: PBYI), where a total of 14,261 contracts have traded so far, representing approximately 1.4 million underlying shares. That amounts to about 247.6% of PBYI's average daily trading volume over the past month of 575,950 shares. Especially high volume was seen for the $120 strike call option expiring January 19, 2018 , with 2,646 contracts trading so far today, representing approximately 264,600 underlying shares of PBYI. Below is a chart showing PBYI's trailing twelve month trading history, with the $120 strike highlighted in orange:
Netflix Inc. (Symbol: NFLX) saw options trading volume of 136,231 contracts, representing approximately 13.6 million underlying shares or approximately 169.6% of NFLX's average daily trading volume over the past month, of 8.0 million shares. Especially high volume was seen for the $190 strike call option expiring December 15, 2017 , with 15,244 contracts trading so far today, representing approximately 1.5 million underlying shares of NFLX. Below is a chart showing NFLX's trailing twelve month trading history, with the $190 strike highlighted in orange:
And Dillard's Inc. (Symbol: DDS) options are showing a volume of 10,276 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 153.6% of DDS's average daily trading volume over the past month, of 668,940 shares. Particularly high volume was seen for the $52 strike put option expiring November 17, 2017 , with 1,200 contracts trading so far today, representing approximately 120,000 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $52 strike highlighted in orange:
For the various different available expirations for PBYI options , NFLX 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.
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 $52 strike put option expiring November 17, 2017 , with 1,200 contracts trading so far today, representing approximately 120,000 underlying shares of DDS. Below is a chart showing NFLX's trailing twelve month trading history, with the $190 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 10,276 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 153.6% of DDS's average daily trading volume over the past month, of 668,940 shares.
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Below is a chart showing NFLX's trailing twelve month trading history, with the $190 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 10,276 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 153.6% of DDS's average daily trading volume over the past month, of 668,940 shares. Particularly high volume was seen for the $52 strike put option expiring November 17, 2017 , with 1,200 contracts trading so far today, representing approximately 120,000 underlying shares of DDS.
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Below is a chart showing NFLX's trailing twelve month trading history, with the $190 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 10,276 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 153.6% of DDS's average daily trading volume over the past month, of 668,940 shares. Particularly high volume was seen for the $52 strike put option expiring November 17, 2017 , with 1,200 contracts trading so far today, representing approximately 120,000 underlying shares of DDS.
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Particularly high volume was seen for the $52 strike put option expiring November 17, 2017 , with 1,200 contracts trading so far today, representing approximately 120,000 underlying shares of DDS. Below is a chart showing NFLX's trailing twelve month trading history, with the $190 strike highlighted in orange: And Dillard's Inc. (Symbol: DDS) options are showing a volume of 10,276 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 153.6% of DDS's average daily trading volume over the past month, of 668,940 shares.
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ee82bcff-d941-4428-907e-2047077240ec
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719781.0
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2017-11-09 00:00:00 UTC
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Thursday's ETF Movers: XRT, SOXX
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DDS
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https://www.nasdaq.com/articles/thursdays-etf-movers-xrt-soxx-2017-11-09
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nan
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nan
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In trading on Thursday, the SPDR S&P Retail ETF ( XRT ) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Dillard's ( DDS ), up about 12.2% and shares of Macy's ( M ), up about 11% on the day.
And underperforming other ETFs today is the iShares PHLX Semiconductor ETF ( SOXX ), down about 2% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Advanced Micro Devices ( AMD ), lower by about 5%, and shares of Kla-Tencor (KLAC), lower by about 4.4% on the day.
VIDEO: Thursday's ETF Movers: XRT, SOXX
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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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Components of that ETF showing particular strength include shares of Dillard's ( DDS ), up about 12.2% and shares of Macy's ( M ), up about 11% on the day. And underperforming other ETFs today is the iShares PHLX Semiconductor ETF ( SOXX ), down about 2% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Advanced Micro Devices ( AMD ), lower by about 5%, and shares of Kla-Tencor (KLAC), lower by about 4.4% on the day.
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Components of that ETF showing particular strength include shares of Dillard's ( DDS ), up about 12.2% and shares of Macy's ( M ), up about 11% on the day. Among components of that ETF with the weakest showing on Thursday were shares of Advanced Micro Devices ( AMD ), lower by about 5%, and shares of Kla-Tencor (KLAC), lower by about 4.4% on the day. VIDEO: Thursday's ETF Movers: XRT, SOXX 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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Components of that ETF showing particular strength include shares of Dillard's ( DDS ), up about 12.2% and shares of Macy's ( M ), up about 11% on the day. In trading on Thursday, the SPDR S&P Retail ETF ( XRT ) is outperforming other ETFs, up about 1.6% on the day. Among components of that ETF with the weakest showing on Thursday were shares of Advanced Micro Devices ( AMD ), lower by about 5%, and shares of Kla-Tencor (KLAC), lower by about 4.4% on the day.
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Components of that ETF showing particular strength include shares of Dillard's ( DDS ), up about 12.2% and shares of Macy's ( M ), up about 11% on the day. In trading on Thursday, the SPDR S&P Retail ETF ( XRT ) is outperforming other ETFs, up about 1.6% on the day. And underperforming other ETFs today is the iShares PHLX Semiconductor ETF ( SOXX ), down about 2% in Thursday afternoon trading.
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11858fce-abdc-436b-9e35-303539fdd324
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719782.0
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2017-11-07 00:00:00 UTC
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What to Look for When Macy's and Dillard's Report Earnings
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DDS
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https://www.nasdaq.com/articles/what-look-when-macys-and-dillards-report-earnings-2017-11-07
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nan
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nan
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Department store operators Macy's (NYSE: M) and Dillard's (NYSE: DDS) are set to release their third-quarter earnings reports in the next few days. Both companies posted disappointing performances during the first half of 2017. As a result, shares of Dillard's are down 20% year to date, while Macy's stock has lost half of its value since the beginning of the year.
Macy's and Dillards Year-to-Date Stock Performance, data by YCharts .
Last quarter probably wasn't much better for department stores. During the quarter, Hurricane Harvey and Hurricane Irma struck Houston and Florida, respectively. That probably put a damper on sales, making it nearly impossible for Macy's and Dillard's to get revenue growing again.
Instead, Macy's investors should focus their attention on the company's real estate monetization efforts, which are continuing to gain steam. Meanwhile, the key question for Dillard's investors is simply whether the company was able to earn a profit during the third quarter.
Macy's: It's all about real estate
Macy's has been coping with comparable sales declines since the beginning of 2015, and it's finally starting to address the problem in a meaningful way. However, Macy's new initiatives probably didn't have much impact during the third quarter.
For example, Macy's relaunched its loyalty program last month with a new structure designed to provide the biggest rewards to the biggest spenders. It has also retooled its marketing strategy this fall. The bulk of the improvement from these changes will come in the fourth quarter and thereafter. Initiatives like rolling out an optimized Macy's Backstage off-price concept to more stores will take even longer to accomplish.
By contrast, real estate monetization is a key long-term project that is already bearing fruit. Last quarter, Macy's sold part of its downtown Seattle store for $50 million. It also signed a tentative agreement to sell 700,000 square feet of space in its Chicago flagship. In conjunction with the earnings report, management may disclose the proposed sale price and closing date for this deal.
Meanwhile, Macy's real estate alliance with Brookfield Asset Management (NYSE: BAM) , first announced last November, could finally start to deliver some results. On Macy's earnings call in August, CFO Karen Hoguet said that Brookfield would likely recommend proceeding with plans for additional development on about two-thirds of the 50 sites it is studying.
Brookfield Asset Management has until the end of 2018 to do its "pre-development" work. But it will probably come up with plans for certain sites faster than that. As Macy's starts to publicize its development plans for some properties, investors will get a better sense of the size of its real estate opportunity. Right now, Macy's seems drastically undervalued , considering the extent of its real estate assets.
Dillard's needs to get back in the black
Dillard's has more immediate problems than Macy's. The company unexpectedly posted a big loss in the second quarter of 2017, due to heavy markdown activity.
At the end of Q2, inventory was still up 2% year over year at Dillard's, whereas retailers are trying to reduce their inventory due to the weak sales environment. Furthermore, the hurricanes that hit Texas and Florida could have disrupted Dillard's efforts to clear out excess inventory during the fall. (The company has its highest concentration of stores in those two states.)
As a result, markdowns probably weighed on Dillard's profitability again in the third quarter. That said, Q3 tends to be more profitable than Q2 for Dillard's, driven by the back-to-school shopping period. During 2016, Dillard's posted earnings per share (EPS) of $0.67 in the third quarter, compared to earnings per share of just $0.35 in the second quarter.
As a result, none of the analysts who follow Dillard's expect the company to report another loss for the third quarter. On the other hand, the average analyst estimate for Dillard's full-year EPS has plunged by 25% in the past three months. That's a trend that needs to stop.
Thus, the key for investors is whether Dillard's was able to stabilize its profitability last quarter. It's OK if the company reports another sales decline because it walked away from unprofitable sales. By contrast, if Dillard's reports another sharp contraction in its profit margin, there could be more pain ahead for shareholders.
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Adam Levine-Weinberg owns shares of Macy's. 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.
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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Department store operators Macy's (NYSE: M) and Dillard's (NYSE: DDS) are set to release their third-quarter earnings reports in the next few days. Instead, Macy's investors should focus their attention on the company's real estate monetization efforts, which are continuing to gain steam. Meanwhile, Macy's real estate alliance with Brookfield Asset Management (NYSE: BAM) , first announced last November, could finally start to deliver some results.
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Department store operators Macy's (NYSE: M) and Dillard's (NYSE: DDS) are set to release their third-quarter earnings reports in the next few days. As a result, shares of Dillard's are down 20% year to date, while Macy's stock has lost half of its value since the beginning of the year. Instead, Macy's investors should focus their attention on the company's real estate monetization efforts, which are continuing to gain steam.
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Department store operators Macy's (NYSE: M) and Dillard's (NYSE: DDS) are set to release their third-quarter earnings reports in the next few days. As a result, shares of Dillard's are down 20% year to date, while Macy's stock has lost half of its value since the beginning of the year. Macy's: It's all about real estate Macy's has been coping with comparable sales declines since the beginning of 2015, and it's finally starting to address the problem in a meaningful way.
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Department store operators Macy's (NYSE: M) and Dillard's (NYSE: DDS) are set to release their third-quarter earnings reports in the next few days. Last quarter probably wasn't much better for department stores. Macy's: It's all about real estate Macy's has been coping with comparable sales declines since the beginning of 2015, and it's finally starting to address the problem in a meaningful way.
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2eedfbaf-0c90-4a02-a389-481a27ceda9c
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719783.0
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2017-11-06 00:00:00 UTC
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What's in the Cards for Dillard's (DDS) in Q3 Earnings?
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DDS
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https://www.nasdaq.com/articles/whats-in-the-cards-for-dillards-dds-in-q3-earnings-2017-11-06
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nan
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nan
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Leading departmental store chain, Dillard's, Inc.DDS is expected to release third-quarter fiscal 2017 results on Nov 9. The question lingering in investors' minds is, whether the company will be able to deliver a positive earnings surprise in the to-be-reported quarter.
A look at the company's earnings trend shows that Dillard's has lagged the Zacks Consensus Estimate in six of the last eight quarters. In fact, it incurred a loss of 58 cents per share in the previous quarter, which compares unfavorably with the Zacks Consensus Estimate of earnings of 21 cents.
Let's see what lies ahead for Dillard's in the quarter under review.
Which Way are Estimates Treading?
In order to get a clear picture of what analysts are thinking about the company right before earnings release, let's have a look at the earnings estimate revisions. The Zacks Consensus Estimate for the fiscal third quarter has moved down by 3 cents to 23 cents in the past 30 days. This reflects a plunge of about 65% from 67 cents earned in the year-ago quarter.
Analysts polled by Zacks also expect revenues of $1.3 billion, down 4.9% from the prior-year quarter's figure.
Factors at Play
Dillard's has been facing challenging trends in the retail sector, particularly in the apparel division. As the retail landscape is undergoing a fundamental change with technology playing a major role and customers' preferences shifting from offline to online, the brick-and-mortar retailing concept is losing sheen. Also, retailers' comparable-store sales are on the decline that is denting overall profits.
Evidently, Dillard's second-quarter fiscal 2017 results were hurt, wherein both the top and bottom lines declined year over year. Further, merchandise comps were down 1%, mainly due to soft sales across the shoes, cosmetics, home and furniture categories. Results were marred by higher markdowns undertaken by the company to manage inventories.
Additionally, macroeconomic challenges like consumer spending patterns, demographic trends as well as stiff industry competition remains major concerns for the company.
These factors have been reflected in the company's share price that plunged 30.9% in the past three months, wider than the industry 's decline of 18.4%.
While these factors pose concerns for the company, Dillard's constant efforts to capitalize on growth opportunities in its brick-and-mortar stores and e-commerce business remain encouraging. Further, its focus on increasing productivity, enhancing domestic operations and developing an omni-channel platform should strengthen customer base.
What the Zacks Model Unveils?
Our proven model shows that Dillard's is unlikely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Dillard's has an Earnings ESP of +47.83% as the Most Accurate estimate of 34 cents is pegged higher than the Zacks Consensus Estimate of 23 cents. However, the company's Zacks Rank #4 (Sell) makes our surprise prediction difficult.
As it is we caution against stocks with a Zacks Rank #4 or 5 (Strong Sell) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks With Favorable Combination
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Zumiez Inc. ZUMZ has an Earnings ESP of +0.69% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
The Home Depot, Inc. HD has an Earnings ESP of +0.76% and a Zacks Rank #2.
Abercrombie & Fitch Co. ANF has an Earnings ESP of +6.38% and a Zacks Rank #3.
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Home Depot, Inc. (The) (HD): Free Stock Analysis Report
Zumiez Inc. (ZUMZ): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): 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.
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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Leading departmental store chain, Dillard's, Inc.DDS is expected to release third-quarter fiscal 2017 results on Nov 9. Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Additionally, macroeconomic challenges like consumer spending patterns, demographic trends as well as stiff industry competition remains major concerns for the company.
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Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Leading departmental store chain, Dillard's, Inc.DDS is expected to release third-quarter fiscal 2017 results on Nov 9. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen.
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Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Leading departmental store chain, Dillard's, Inc.DDS is expected to release third-quarter fiscal 2017 results on Nov 9. Dillard's has an Earnings ESP of +47.83% as the Most Accurate estimate of 34 cents is pegged higher than the Zacks Consensus Estimate of 23 cents.
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Leading departmental store chain, Dillard's, Inc.DDS is expected to release third-quarter fiscal 2017 results on Nov 9. Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. A look at the company's earnings trend shows that Dillard's has lagged the Zacks Consensus Estimate in six of the last eight quarters.
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20d0429d-567e-41f2-8238-bb78d48cbeaf
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719784.0
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2017-11-03 00:00:00 UTC
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Notable Friday Option Activity: DDS, LOPE, SRPT
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DDS
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https://www.nasdaq.com/articles/notable-friday-option-activity-dds-lope-srpt-2017-11-03
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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 2,854 contracts has been traded thus far today, a contract volume which is representative of approximately 285,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.9% of DDS's average daily trading volume over the past month, of 501,275 shares. Particularly high volume was seen for the $60 strike call option expiring November 17, 2017 , with 1,029 contracts trading so far today, representing approximately 102,900 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $60 strike highlighted in orange:
Grand Canyon Education Inc (Symbol: LOPE) saw options trading volume of 1,574 contracts, representing approximately 157,400 underlying shares or approximately 55.7% of LOPE's average daily trading volume over the past month, of 282,740 shares. Particularly high volume was seen for the $80 strike put option expiring November 17, 2017 , with 501 contracts trading so far today, representing approximately 50,100 underlying shares of LOPE. Below is a chart showing LOPE's trailing twelve month trading history, with the $80 strike highlighted in orange:
And Sarepta Therapeutics Inc (Symbol: SRPT) saw options trading volume of 9,805 contracts, representing approximately 980,500 underlying shares or approximately 54.8% of SRPT's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $65 strike call option expiring April 20, 2018 , with 639 contracts trading so far today, representing approximately 63,900 underlying shares of SRPT. Below is a chart showing SRPT's trailing twelve month trading history, with the $65 strike highlighted in orange:
For the various different available expirations for DDS options , LOPE options , or SRPT 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.
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 $60 strike call option expiring November 17, 2017 , with 1,029 contracts trading so far today, representing approximately 102,900 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 2,854 contracts has been traded thus far today, a contract volume which is representative of approximately 285,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.9% of DDS's average daily trading volume over the past month, of 501,275 shares.
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Particularly high volume was seen for the $60 strike call option expiring November 17, 2017 , with 1,029 contracts trading so far today, representing approximately 102,900 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $60 strike highlighted in orange: Grand Canyon Education Inc (Symbol: LOPE) saw options trading volume of 1,574 contracts, representing approximately 157,400 underlying shares or approximately 55.7% of LOPE's average daily trading volume over the past month, of 282,740 shares. 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 2,854 contracts has been traded thus far today, a contract volume which is representative of approximately 285,400 underlying shares (given that every 1 contract represents 100 underlying 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 2,854 contracts has been traded thus far today, a contract volume which is representative of approximately 285,400 underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing DDS's trailing twelve month trading history, with the $60 strike highlighted in orange: Grand Canyon Education Inc (Symbol: LOPE) saw options trading volume of 1,574 contracts, representing approximately 157,400 underlying shares or approximately 55.7% of LOPE's average daily trading volume over the past month, of 282,740 shares. That number works out to 56.9% of DDS's average daily trading volume over the past month, of 501,275 shares.
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Below is a chart showing DDS's trailing twelve month trading history, with the $60 strike highlighted in orange: Grand Canyon Education Inc (Symbol: LOPE) saw options trading volume of 1,574 contracts, representing approximately 157,400 underlying shares or approximately 55.7% of LOPE's average daily trading volume over the past month, of 282,740 shares. 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 2,854 contracts has been traded thus far today, a contract volume which is representative of approximately 285,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.9% of DDS's average daily trading volume over the past month, of 501,275 shares.
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719785.0
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2017-10-31 00:00:00 UTC
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The Zacks Analyst Blog Highlights: J. C. Penney, Kohl's, Dillard's and Macy's
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DDS
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-j.-c.-penney-kohls-dillards-and-macys-2017-10-31
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For Immediate Release
Chicago, IL - October 31, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include J. C. Penney Company, Inc.JCP , Kohl's CorporationKSS , Dillard's, Inc.DDS and Macy's, Inc.M .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
Here are highlights from Monday's Analyst Blog:
JCPenney (JCP) Plummets on View Cut, Drags Down Other Retailers
The stock market runs on sentiment and any unforeseen event in a particular sector has a ripple effect on others with a clear reflection on major indices that bear the brunt. The case is more or less the same for specific sectors that often observe good or bad performance by one player influencing the performance of others.
While major indices - Dow Jones Industrial Average, Nasdaq and S&P 500 ended the Friday's trading session on a positive note, the SPDR S&P Retail ETF (XRT) fell 1.5%. We believe J. C. Penney Company, Inc. disappointing forecast may have been one of the reasons behind the SPDR S&P Retail ETF's decline.
Dismal Forecast
Shares of J. C. Penney tanked 14.8% on Oct 27 after the company trimmed full-year guidance. In fact, this Zacks Rank #4 (Sell) stock has tumbled 41.7% in the past six months, wider than the industry 's decline of 15.5%. The company stated that in an effort to clear "slow-moving" goods mostly in women's apparel department it increased markdowns in September and October.
Chairman and chief executive officer of the company, Marvin R. Ellison said, "With a sharper and more disciplined focus on inventory management, we are taking a comprehensive approach to assessing the effectiveness of our inventory positions to make swift, informed decisions that promote faster inventory turn and higher productivity levels."
Management also stated that following the liquidation of slow moving inventory, the company's fund has increased. This will help to invest in fresh as well as trending merchandise categories.
For third-quarter fiscal 2017, the company expects comparable sales to grow between 0.6% and 0.8 %. However, cost of goods (excluding depreciation and amortization) to rise 300-320 basis points (bps) year over year.
In the third quarter, the company expects adjusted loss to be in the range of 45-40 cents per share. In third-quarter fiscal 2016, the company has reported loss per share of 21 cents.
For fiscal 2017, the comps is projected to be in the range of down 1% to flat, compared with the earlier estimate of down 1% to up 1%. Cost of goods sold is now forecasted to increase by 100-120 bps year over year, while free cash flow is anticipated to be in the range of $200-$300 million. The company now expects adjusted earnings per share to be in the range of 2- 8 cents, sharply below the earlier estimate of 40-65 cents.
Domino Effect
Following the news, investors pressed the panic button that took a toll on other retail stocks.
Kohl's Corporation stock declined 4.6% following the news. The company has reported positive earnings surprise in the trailing four quarters, with an average beat of 18%. For the third quarter, the Zacks Consensus Estimate is pegged at 71 cents, down nearly 11% year over year. Kohl's currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Shares of Dillard's, Inc. , which operates as fashion apparel, cosmetics, and home furnishing retailer, declined 3.4%. This Zacks Rank #4 (Sell) company's consensus estimate for third-quarter fiscal 2017 is pegged at 23 cents per share, down nearly 66% year over year. Further, the company's long-term earnings growth rate is pegged at 2.6%, well below the industry's growth rate of 5.6%.
Shares of Macy's, Inc. decreased 7.7%. After witnessing negative earnings surprise in first-quarter fiscal 2017, the company posted earnings beat of 6.7% in the second quarter. For the third quarter, the consensus estimate currently stands at 19 cents, up nearly 13% year over year. Macy's currently carries a Zacks Rank #3 (Hold).
Zacks' Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
Click here for Zacks' private trades >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free .
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
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 nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
Follow us on Twitter: https://twitter.com/zacksresearch
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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.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/
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.
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
J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report
Kohl's Corporation (KSS): 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.
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 recently featured in the blog include J. C. Penney Company, Inc.JCP , Kohl's CorporationKSS , Dillard's, Inc.DDS and Macy's, Inc.M . Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Here are highlights from Monday's Analyst Blog: JCPenney (JCP) Plummets on View Cut, Drags Down Other Retailers The stock market runs on sentiment and any unforeseen event in a particular sector has a ripple effect on others with a clear reflection on major indices that bear the brunt.
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Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include J. C. Penney Company, Inc.JCP , Kohl's CorporationKSS , Dillard's, Inc.DDS and Macy's, Inc.M . This Zacks Rank #4 (Sell) company's consensus estimate for third-quarter fiscal 2017 is pegged at 23 cents per share, down nearly 66% year over year.
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Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include J. C. Penney Company, Inc.JCP , Kohl's CorporationKSS , Dillard's, Inc.DDS and Macy's, Inc.M . This Zacks Rank #4 (Sell) company's consensus estimate for third-quarter fiscal 2017 is pegged at 23 cents per share, down nearly 66% year over year.
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Stocks recently featured in the blog include J. C. Penney Company, Inc.JCP , Kohl's CorporationKSS , Dillard's, Inc.DDS and Macy's, Inc.M . Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. We believe J. C. Penney Company, Inc. disappointing forecast may have been one of the reasons behind the SPDR S&P Retail ETF's decline.
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398312e9-40f6-4a5c-9a46-ccf3e40ded4b
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719786.0
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2017-10-30 00:00:00 UTC
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JC Penney (JCP) Plunges on View Cut, Drags Other Retailers
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DDS
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https://www.nasdaq.com/articles/jc-penney-jcp-plunges-on-view-cut-drags-other-retailers-2017-10-30
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The stock market runs on sentiment and any unforeseen event in a particular sector has a ripple effect on others with a clear reflection on major indices that bear the brunt. The case is more or less the same for specific sectors that often observe good or bad performance by one player influencing the performance of others.
While major indices - Dow Jones Industrial Average, Nasdaq and S&P 500 ended the Friday's trading session on a positive note, the SPDR S&P Retail ETF (XRT) fell 1.5%. We believe J. C. Penney Company, Inc.JCP disappointing forecast may have been one of the reasons behind the SPDR S&P Retail ETF's decline.
Dismal Forecast
Shares of J. C. Penney tanked 14.8% on Oct 27 after the company trimmed full-year guidance. In fact, this Zacks Rank #4 (Sell) stock has tumbled 41.7% in the past six months, wider than the industry 's decline of 15.5%. The company stated that in an effort to clear "slow-moving" goods mostly in women's apparel department it increased markdowns in September and October.
Chairman and chief executive officer of the company, Marvin R. Ellison said, "With a sharper and more disciplined focus on inventory management, we are taking a comprehensive approach to assessing the effectiveness of our inventory positions to make swift, informed decisions that promote faster inventory turn and higher productivity levels."
Management also stated that following the liquidation of slow moving inventory, the company's fund has increased. This will help to invest in fresh as well as trending merchandise categories.
For third-quarter fiscal 2017, the company expects comparable sales to grow between 0.6% and 0.8 %. However, cost of goods (excluding depreciation and amortization) to rise 300-320 basis points (bps) year over year.
In the third quarter, the company expects adjusted loss to be in the range of 45-40 cents per share. In third-quarter fiscal 2016, the company has reported loss per share of 21 cents.
For fiscal 2017, the comps is projected to be in the range of down 1% to flat, compared with the earlier estimate of down 1% to up 1%. Cost of goods sold is now forecasted to increase by 100-120 bps year over year, while free cash flow is anticipated to be in the range of $200-$300 million. The company now expects adjusted earnings per share to be in the range of 2- 8 cents, sharply below the earlier estimate of 40-65 cents.
Domino Effect
Kohl's CorporationKSS stock declined 4.6% following the news. The company has reported positive earnings surprise in the trailing four quarters, with an average beat of 18%. For the third quarter, the Zacks Consensus Estimate is pegged at 71 cents, down nearly 11% year over year. Kohl's currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Shares of Dillard's, Inc.DDS , which operates as fashion apparel, cosmetics, and home furnishing retailer, declined 3.4%. This Zacks Rank #4 (Sell) company's consensus estimate for third-quarter fiscal 2017 is pegged at 23 cents per share, down nearly 66% year over year. Further, the company's long-term earnings growth rate is pegged at 2.6%, well below the industry's growth rate of 5.6%.
Shares of Macy's, Inc.M decreased 7.7%. After witnessing negative earnings surprise in first-quarter fiscal 2017, the company posted earnings beat of 6.7% in the second quarter. For the third quarter, the consensus estimate currently stands at 19 cents, up nearly 13% year over year. Macy's currently carries a Zacks Rank #3 (Hold).
Zacks' Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
Click here for Zacks' private trades >>
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
J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report
Kohl's Corporation (KSS): 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.
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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Shares of Dillard's, Inc.DDS , which operates as fashion apparel, cosmetics, and home furnishing retailer, declined 3.4%. Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. The stock market runs on sentiment and any unforeseen event in a particular sector has a ripple effect on others with a clear reflection on major indices that bear the brunt.
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Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's, Inc.DDS , which operates as fashion apparel, cosmetics, and home furnishing retailer, declined 3.4%. This Zacks Rank #4 (Sell) company's consensus estimate for third-quarter fiscal 2017 is pegged at 23 cents per share, down nearly 66% year over year.
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Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's, Inc.DDS , which operates as fashion apparel, cosmetics, and home furnishing retailer, declined 3.4%. The company now expects adjusted earnings per share to be in the range of 2- 8 cents, sharply below the earlier estimate of 40-65 cents.
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Shares of Dillard's, Inc.DDS , which operates as fashion apparel, cosmetics, and home furnishing retailer, declined 3.4%. Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. We believe J. C. Penney Company, Inc.JCP disappointing forecast may have been one of the reasons behind the SPDR S&P Retail ETF's decline.
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2017-10-26 00:00:00 UTC
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Sonus Networks, Dillard's and Las Vegas Sands highlighted as Zacks Bull and Bear of the Day
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DDS
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https://www.nasdaq.com/articles/sonus-networks-dillards-and-las-vegas-sands-highlighted-as-zacks-bull-and-bear-of-the-day
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For Immediate Release
Chicago, IL - Oct 26, 2017 - Zacks Equity Research highlights Sonus NetworksSONS as the Bull of the Day and Dillard'sDDS as the Bear of the Day. In addition, Zacks Equity Research provides analysis on theLas Vegas Sands Corp. LVS .
Here is a synopsis of all three stocks:
Bull of the Day :
Tech is one of those sectors of the market that's just always going to be leading the way. Almost by definition tech stocks are going to be growthy and expanding into new markets. That's exactly the sort of thing you should be looking for when figuring out where to invest your hard-earned money for the long-term. Today's Bull of the Day is a company that's trying to expand the voice and data network globally.
Sonus Networks provides networked solutions worldwide. The company offers Session Border Controllers (SBCs) that address security and interworking requirements for small, medium, and large businesses, as well as regional and global communications service providers; Sonus GSX9000 Open Services Switch, which bridges IP and TDM networks by converting voice signal into Internet Protocol (IP) IP packets and transmitting those IP packets on a data network; and Sonus T7000 Intelligent Switching System, a class five end-office soft switch that provides residential and business voice services, as well as IP-IP multimedia processing engine services.
The stock is a Zacks Rank #1 (Strong Buy) in an industry that ranks in the Top 15% of our Zacks Industry Rank. A big reason for the favorable Zacks Rank is the recent earnings estimate revisions to the upside the company has seen from analysts. Over the last thirty days, three analysts have increased their estimates for the current quarter while two have done so for the current year. The bullish sentiment has increased our Zacks Consensus Estimate for the current quarter from 16 cents to 23 cents while increasing current year estimates from 23 cents to 27 cents.
Another boost for bullish shareholders comes from Sonus Network's valuations. Looking at its price to sales ratio, SONS is only trading 1.5x sales. Compare that to the S&P 500 average of 3.0x earnings and you see why some feel SONS is undervalued here.
Bear of the Day :
I feel like beating up on retail is kicking a dead horse. We all know the plight of the brick-and-mortar shop. As more and more shopping goes online, retailers are struggling to keep afloat. Frankly, I feel it's a great opportunity for retailers to differentiate themselves. It also kills off the weak hands and those companies that have been slacking off for too long. If you offer an inferior customer experience to go along with zero customer service and homogenous products then guess what? You deserve to go out of business.
I'm not saying that today's Bear of the Day is going out of business. I'm just saying that there are more attractive corners of the market than this one. And this one is Dillard's .Dillard's, Inc. operates as fashion apparel, cosmetics, and home furnishing retailer in the United States. It operates through two segments, Retail Operations and Construction. The company's stores offer a selection of merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods. Its brand merchandise includes Antonio Melani, Gianni Bini, GB, Roundtree & Yorke, and Daniel Cremieux. The company also sells its merchandise online through its Website, dillards.com , which features online gift registries and various other services. In addition, it operates a general contracting construction company that engages in constructing and remodeling stores. As of January 28, 2017, the company operated 293 Dillard's stores, including 25 clearance centers; and an Internet store.
The company is a Zacks Rank #5 (Strong Sell) right now because of some bearish activity in its earnings estimates. Two analysts have dropped their estimates for the current quarter, current year and next year. The bearish moves have caused the Zacks Consensus Estimate for the current year to come down from 35 cents to 23 cents. The current year number has plummeted from $4.01 to 3.33. Next year is now showing there will be a contraction in earnings, coming down to $3.06 from $3.69.
Additional content:
Google Challenges iTunes
Las Vegas Sands (LVS) Posts Big Earnings Beat
Las Vegas Sands Corp. just released its third quarter fiscal 2017 earnings results, posting earnings of 77 cents per share and revenue of $3.2 billion. Currently, LVS is a Zacks Rank #3 (Hold), and is up 1.65% to $63.95 per share in trading shortly after its earnings report was released.
The casino giant:
Beat earnings estimates. The company posted earnings of 77 cents per share, soaring past the Zacks Consensus Estimate of 67 cents per share; this number excludes 5 cents from non-recurring items. Net income was $685 million for the quarter.
Beat revenue estimates. The company saw revenue figures of $3.2 billion, topping our consensus estimate of $3.12 billion and increasing 7.7% year-over-year.
Consolidated adjusted property EBITDA increased 6% to $1.21 billion, while LVS said that hold-normalized adjusted property EBITDA surged 10.4% to $1.18 billion.
The company said that total net revenues for Sands China increased 12.2% to $1.93 billion, and The Venetian Macao generated revenues of $718 million.
"In Macao, the market continues to recover, while Sands China's Mass and VIP gaming volumes both outpaced the growth in the Macao market overall. That strong gaming performance, coupled with higher hotel occupancy and retail mall revenues, helped drive an adjusted property EBITDA performance of $652 million, our best quarterly result since the first quarter of 2014," said Sheldon G. Adelson, chairman and CEO.
Las Vegas Sands is a hotel, gaming, and retail mall company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino, the Sands Expo and Convention Center, Venetian Interactive, an internet based venture, and Venetian Macao Limited, a developer of multiple casino hotel resort properties in The People's Republic of China's Special Administrative Region of Macao.
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but chosen members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting today, and for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades: value, momentum, ETFs, stocks under $10, stocks that corporate insiders are buying up, and companies that are about to report positive earnings surprises. You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades>>
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
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://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
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.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/performance
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.
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
Las Vegas Sands Corp. (LVS): Free Stock Analysis Report
Sonus Networks, Inc. (SONS): 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.
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 - Oct 26, 2017 - Zacks Equity Research highlights Sonus NetworksSONS as the Bull of the Day and Dillard'sDDS as the Bear of the Day. Click to get this free report Las Vegas Sands Corp. (LVS): Free Stock Analysis Report Sonus Networks, Inc. (SONS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. The company's stores offer a selection of merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.
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Click to get this free report Las Vegas Sands Corp. (LVS): Free Stock Analysis Report Sonus Networks, Inc. (SONS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - Oct 26, 2017 - Zacks Equity Research highlights Sonus NetworksSONS as the Bull of the Day and Dillard'sDDS as the Bear of the Day. The company offers Session Border Controllers (SBCs) that address security and interworking requirements for small, medium, and large businesses, as well as regional and global communications service providers; Sonus GSX9000 Open Services Switch, which bridges IP and TDM networks by converting voice signal into Internet Protocol (IP) IP packets and transmitting those IP packets on a data network; and Sonus T7000 Intelligent Switching System, a class five end-office soft switch that provides residential and business voice services, as well as IP-IP multimedia processing engine services.
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Click to get this free report Las Vegas Sands Corp. (LVS): Free Stock Analysis Report Sonus Networks, Inc. (SONS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - Oct 26, 2017 - Zacks Equity Research highlights Sonus NetworksSONS as the Bull of the Day and Dillard'sDDS as the Bear of the Day. The company offers Session Border Controllers (SBCs) that address security and interworking requirements for small, medium, and large businesses, as well as regional and global communications service providers; Sonus GSX9000 Open Services Switch, which bridges IP and TDM networks by converting voice signal into Internet Protocol (IP) IP packets and transmitting those IP packets on a data network; and Sonus T7000 Intelligent Switching System, a class five end-office soft switch that provides residential and business voice services, as well as IP-IP multimedia processing engine services.
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For Immediate Release Chicago, IL - Oct 26, 2017 - Zacks Equity Research highlights Sonus NetworksSONS as the Bull of the Day and Dillard'sDDS as the Bear of the Day. Click to get this free report Las Vegas Sands Corp. (LVS): Free Stock Analysis Report Sonus Networks, Inc. (SONS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. The company is a Zacks Rank #5 (Strong Sell) right now because of some bearish activity in its earnings estimates.
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5d9a245d-b818-498e-a1db-1e882a179603
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719788.0
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2017-10-25 00:00:00 UTC
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New Strong Sell Stocks for October 25th
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DDS
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https://www.nasdaq.com/articles/new-strong-sell-stocks-for-october-25th-2017-10-25
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nan
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nan
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
The Scotts Miracle-Gro CompanySMG is a manufacturer and marketer of consumer lawn and garden products. The Zacks Consensus Estimate for its current year earnings has been revised 2.8% downward over the last 30 days.
IBERIABANK CorporationIBKC is a bank holding company. The Zacks Consensus Estimate for its current year earnings has been revised 2.8% downward over the last 30 days.
Calavo Growers, Inc.CVGW is a marketer and distributor of avocados. The Zacks Consensus Estimate for its current year earnings has been revised 1.4% downward over the last 30 days.
ProAssurance CorporationPRA is a provider of property and casualty insurance. The Zacks Consensus Estimate for its current year earnings has been revised 5.7% downward over the last 30 days.
Dillard's, Inc.DDS is a fashion apparel, cosmetics and home furnishing retailer. The Zacks Consensus Estimate for its current year earnings has been revised 1.2% downward over the last 30 days.
View the entire Zacks Rank #5 List .
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
Calavo Growers, Inc. (CVGW): Free Stock Analysis Report
IBERIABANK Corporation (IBKC): Free Stock Analysis Report
ProAssurance Corporation (PRA): Free Stock Analysis Report
Scotts Miracle-Gro Company (The) (SMG): 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.
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 fashion apparel, cosmetics and home furnishing retailer. Click to get this free report Calavo Growers, Inc. (CVGW): Free Stock Analysis Report IBERIABANK Corporation (IBKC): Free Stock Analysis Report ProAssurance Corporation (PRA): Free Stock Analysis Report Scotts Miracle-Gro Company (The) (SMG): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: The Scotts Miracle-Gro CompanySMG is a manufacturer and marketer of consumer lawn and garden products.
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Click to get this free report Calavo Growers, Inc. (CVGW): Free Stock Analysis Report IBERIABANK Corporation (IBKC): Free Stock Analysis Report ProAssurance Corporation (PRA): Free Stock Analysis Report Scotts Miracle-Gro Company (The) (SMG): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS is a fashion apparel, cosmetics and home furnishing retailer. The Zacks Consensus Estimate for its current year earnings has been revised 2.8% downward over the last 30 days.
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Click to get this free report Calavo Growers, Inc. (CVGW): Free Stock Analysis Report IBERIABANK Corporation (IBKC): Free Stock Analysis Report ProAssurance Corporation (PRA): Free Stock Analysis Report Scotts Miracle-Gro Company (The) (SMG): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate for its current year earnings has been revised 2.8% downward over the last 30 days. Dillard's, Inc.DDS is a fashion apparel, cosmetics and home furnishing retailer.
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Dillard's, Inc.DDS is a fashion apparel, cosmetics and home furnishing retailer. Click to get this free report Calavo Growers, Inc. (CVGW): Free Stock Analysis Report IBERIABANK Corporation (IBKC): Free Stock Analysis Report ProAssurance Corporation (PRA): Free Stock Analysis Report Scotts Miracle-Gro Company (The) (SMG): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. View the entire Zacks Rank #5 List .
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5733aad7-bf93-4c3c-8a59-d649f5020892
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719789.0
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2017-10-17 00:00:00 UTC
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Dillard's Lost 15% in 3 Months: What's Behind the Downside?
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DDS
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https://www.nasdaq.com/articles/dillards-lost-15-in-3-months%3A-whats-behind-the-downside-2017-10-17
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nan
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nan
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Dillard's, Inc.DDS has been hit hard by the challenging trends in the retail sector, particularly the apparel space. This is because the retail landscape is undergoing a fundamental change with technology playing a major role and the customers' preferences shifting from offline to online.
Consequently, the company's earnings have lagged the Zacks Consensus Estimate in six of the trailing eight quarters. In the last four quarters, this leading departmental store chain witnessed an average negative earnings surprise of 100.8%.
In fact, a look upon Dillard's share price in the past three months reveals that this Zacks Rank #5 (Strong Sell) stock has declined 15.2%, wider than the Retail - Regional Department Stores industry's fall of 7%. Currently, the industry is placed at the bottom 20% (206 out of 256) of the Zacks classified industries.
Additionally, the company's dismal run in the bourses is quite evident from its Momentum Score of D.
Let's Delve Deeper
Dillard's continued its negative earnings surprise trend in second-quarter fiscal 2017 as well. Evidently, the company witnessed a loss of 58 cents per share, which compares unfavorably with the year-ago period earnings of 35 cents as well as the Zacks Consensus Estimate of 21 cents. Management blamed the quarterly loss on considerable markdowns in the quarter. While, consolidated gross margin contracted 217 basis points (bps), the same from retail operations (excluding CDI) fell 235 bps due to higher markdowns to manage inventories.
Apart from this, results in the quarter were also hurt by lower sales. Markedly, the top line dipped 1.7% owing to 1% decline in merchandise comparable store sales as the result of soft sales across the shoes, cosmetics, home and furniture categories. Going forward, we expect these factors to persist along with a tepid retail environment, which remain threats to the company.
Furthermore, Dillard's operates in the highly competitive retail merchandise industry. Although it is a large regional department store, the company has many rivals at the national level competing with its individual stores including specialty, off-price, discount, Internet and mail-order retailers. Therefore, on losing its competitive position, the company might face downward pressure on prices, lower demand for its products as well as reduced margins.
Also, the company is unable to capitalize on new business opportunities consequently losing much of its market share.
Dillard's Vs Industry
Bottom Line
Though Dillard's is capitalizing on growth opportunities in its brick-and-mortar stores and e-commerce business besides developing an omni-channel platform, the recent dismal performances suggest trouble down the road.
Want to Know About the Gems in the Retail Space?
Some better-ranked stocks in the Retail space include Zumiez Inc. ZUMZ , Abercrombie & Fitch Co. ANF and DSW Inc. DSW sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Zumiez, with a long-term earnings growth rate of 18%, has pulled off an average positive earnings surprise of 27.1% in the trailing four quarters.
Abercrombie, with a long-term earnings growth rate of 14%, has delivered positive earnings surprise of 52.9% in the last quarter.
DSW, with a long-term earnings growth rate of 6.3%, has come up with an average positive earnings surprise of 14.3% in the trailing four quarters.
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Zumiez Inc. (ZUMZ): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
DSW Inc. (DSW): 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.
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 has been hit hard by the challenging trends in the retail sector, particularly the apparel space. Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report DSW Inc. (DSW): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. This is because the retail landscape is undergoing a fundamental change with technology playing a major role and the customers' preferences shifting from offline to online.
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Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report DSW Inc. (DSW): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS has been hit hard by the challenging trends in the retail sector, particularly the apparel space. In fact, a look upon Dillard's share price in the past three months reveals that this Zacks Rank #5 (Strong Sell) stock has declined 15.2%, wider than the Retail - Regional Department Stores industry's fall of 7%.
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Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report DSW Inc. (DSW): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc.DDS has been hit hard by the challenging trends in the retail sector, particularly the apparel space. In fact, a look upon Dillard's share price in the past three months reveals that this Zacks Rank #5 (Strong Sell) stock has declined 15.2%, wider than the Retail - Regional Department Stores industry's fall of 7%.
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Dillard's, Inc.DDS has been hit hard by the challenging trends in the retail sector, particularly the apparel space. Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report DSW Inc. (DSW): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Consequently, the company's earnings have lagged the Zacks Consensus Estimate in six of the trailing eight quarters.
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f579ac70-79eb-493e-96e9-33da56983c4c
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719790.0
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2017-10-12 00:00:00 UTC
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Noteworthy Thursday Option Activity: DDS, VIAB, T
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DDS
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https://www.nasdaq.com/articles/noteworthy-thursday-option-activity-dds-viab-t-2017-10-12
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 5,966 contracts have traded so far, representing approximately 596,600 underlying shares. That amounts to about 109.2% of DDS's average daily trading volume over the past month of 546,545 shares. Particularly high volume was seen for the $75 strike call option expiring June 15, 2018 , with 5,000 contracts trading so far today, representing approximately 500,000 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $75 strike highlighted in orange:
Viacom Inc (Symbol: VIAB) saw options trading volume of 43,393 contracts, representing approximately 4.3 million underlying shares or approximately 91.2% of VIAB's average daily trading volume over the past month, of 4.8 million shares. Especially high volume was seen for the $25 strike call option expiring November 17, 2017 , with 8,198 contracts trading so far today, representing approximately 819,800 underlying shares of VIAB. Below is a chart showing VIAB's trailing twelve month trading history, with the $25 strike highlighted in orange:
And AT&T Inc (Symbol: T) options are showing a volume of 179,491 contracts thus far today. That number of contracts represents approximately 17.9 million underlying shares, working out to a sizeable 73% of T's average daily trading volume over the past month, of 24.6 million shares. Especially high volume was seen for the $37 strike put option expiring October 20, 2017 , with 16,252 contracts trading so far today, representing approximately 1.6 million underlying shares of T. Below is a chart showing T's trailing twelve month trading history, with the $37 strike highlighted in orange:
For the various different available expirations for DDS options , VIAB options , or T 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.
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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That amounts to about 109.2% of DDS's average daily trading volume over the past month of 546,545 shares. Particularly high volume was seen for the $75 strike call option expiring June 15, 2018 , with 5,000 contracts trading so far today, representing approximately 500,000 underlying shares of DDS. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 5,966 contracts have traded so far, representing approximately 596,600 underlying shares.
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Below is a chart showing DDS's trailing twelve month trading history, with the $75 strike highlighted in orange: Viacom Inc (Symbol: VIAB) saw options trading volume of 43,393 contracts, representing approximately 4.3 million underlying shares or approximately 91.2% of VIAB's average daily trading volume over the past month, of 4.8 million shares. Especially high volume was seen for the $37 strike put option expiring October 20, 2017 , with 16,252 contracts trading so far today, representing approximately 1.6 million underlying shares of T. Below is a chart showing T's trailing twelve month trading history, with the $37 strike highlighted in orange: For the various different available expirations for DDS options , VIAB options , or T options , visit StockOptionsChannel.com. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 5,966 contracts have traded so far, representing approximately 596,600 underlying shares.
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 5,966 contracts have traded so far, representing approximately 596,600 underlying shares. Below is a chart showing DDS's trailing twelve month trading history, with the $75 strike highlighted in orange: Viacom Inc (Symbol: VIAB) saw options trading volume of 43,393 contracts, representing approximately 4.3 million underlying shares or approximately 91.2% of VIAB's average daily trading volume over the past month, of 4.8 million shares. Especially high volume was seen for the $37 strike put option expiring October 20, 2017 , with 16,252 contracts trading so far today, representing approximately 1.6 million underlying shares of T. Below is a chart showing T's trailing twelve month trading history, with the $37 strike highlighted in orange: For the various different available expirations for DDS options , VIAB options , or T options , visit StockOptionsChannel.com.
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Particularly high volume was seen for the $75 strike call option expiring June 15, 2018 , with 5,000 contracts trading so far today, representing approximately 500,000 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $75 strike highlighted in orange: Viacom Inc (Symbol: VIAB) saw options trading volume of 43,393 contracts, representing approximately 4.3 million underlying shares or approximately 91.2% of VIAB's average daily trading volume over the past month, of 4.8 million shares. Especially high volume was seen for the $37 strike put option expiring October 20, 2017 , with 16,252 contracts trading so far today, representing approximately 1.6 million underlying shares of T. Below is a chart showing T's trailing twelve month trading history, with the $37 strike highlighted in orange: For the various different available expirations for DDS options , VIAB options , or T options , visit StockOptionsChannel.com.
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8d5ad8c7-40d6-467c-9ed4-da0dfc685a42
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719791.0
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2017-10-10 00:00:00 UTC
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Chuck Royce Curbs 2 Retail Positions in 3rd Quarter
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DDS
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https://www.nasdaq.com/articles/chuck-royce-curbs-2-retail-positions-3rd-quarter-2017-10-10
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nan
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During the third quarter, Royce Premier Fund manager Chuck Royce ( Trades , Portfolio ) reduced his positions in Buckle Inc. ( BKE ) and Cato Corp. ( CATO ) as the companies offer weak revenue guidance for the rest of the year.
Buckle
Royce axed 69.8% of his Buckle position, selling 599,360 shares for an average price of $16.75 per share.
Company management said in a September quarterly report filing that Buckle's same-store sales declined 7.7% during the three months ended July 29 compared to the prior-year period. Lower transactions at comparable stores and retail prices primarily contributed to the decline in same-store sales.
Cato
Royce sold 446,916 shares of Cato for an average price of $13.33 per share, reducing the position 73.77%.
On Aug. 17, CEO John Cato said his company reported a net loss of three cents per share for the 13-weeks ending July 29, driven by a 14% decline in same-store sales from the prior-year quarter. Cato then offered weak earnings guidance for the rest of the year, mentioning full-year earnings will significantly underperform the prior year due to "negative sales trends," putting consistent pressure on company margins. Cato's operating margin of 0.01% is near a 10-year low and underperforms 78% of global competitors.
See also
One of our top Forum posts from September discussed the retail sector, a volatile sector due to the presence of retail giant Amazon.com Inc. ( AMZN ).
We recently started a Forum post about how to research an industry. Based on the post on the retail sector, one way to research an industry is to run deep analyses on the top companies from the industry and look at competitive comparisons.
GuruFocus added industry-specific economic indicators to the Interactive Charts, allowing you to create charts like the one below:
The chart compares the per-share revenue for Dillard's Inc. ( DDS ), Macy's Inc. ( M ) and Ross Stores Inc. (ROST) to the average number of employees for clothing and accessories retail trade. In general, a higher number of employees in clothing stores should generate higher sales for apparel retail companies.
Disclosure: The author has no positions in the stocks mentioned.
Premium Members
This article first appeared on GuruFocus .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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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GuruFocus added industry-specific economic indicators to the Interactive Charts, allowing you to create charts like the one below: The chart compares the per-share revenue for Dillard's Inc. ( DDS ), Macy's Inc. ( M ) and Ross Stores Inc. (ROST) to the average number of employees for clothing and accessories retail trade. Company management said in a September quarterly report filing that Buckle's same-store sales declined 7.7% during the three months ended July 29 compared to the prior-year period. Lower transactions at comparable stores and retail prices primarily contributed to the decline in same-store sales.
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GuruFocus added industry-specific economic indicators to the Interactive Charts, allowing you to create charts like the one below: The chart compares the per-share revenue for Dillard's Inc. ( DDS ), Macy's Inc. ( M ) and Ross Stores Inc. (ROST) to the average number of employees for clothing and accessories retail trade. During the third quarter, Royce Premier Fund manager Chuck Royce ( Trades , Portfolio ) reduced his positions in Buckle Inc. ( BKE ) and Cato Corp. ( CATO ) as the companies offer weak revenue guidance for the rest of the year. Company management said in a September quarterly report filing that Buckle's same-store sales declined 7.7% during the three months ended July 29 compared to the prior-year period.
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GuruFocus added industry-specific economic indicators to the Interactive Charts, allowing you to create charts like the one below: The chart compares the per-share revenue for Dillard's Inc. ( DDS ), Macy's Inc. ( M ) and Ross Stores Inc. (ROST) to the average number of employees for clothing and accessories retail trade. During the third quarter, Royce Premier Fund manager Chuck Royce ( Trades , Portfolio ) reduced his positions in Buckle Inc. ( BKE ) and Cato Corp. ( CATO ) as the companies offer weak revenue guidance for the rest of the year. Cato then offered weak earnings guidance for the rest of the year, mentioning full-year earnings will significantly underperform the prior year due to "negative sales trends," putting consistent pressure on company margins.
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GuruFocus added industry-specific economic indicators to the Interactive Charts, allowing you to create charts like the one below: The chart compares the per-share revenue for Dillard's Inc. ( DDS ), Macy's Inc. ( M ) and Ross Stores Inc. (ROST) to the average number of employees for clothing and accessories retail trade. During the third quarter, Royce Premier Fund manager Chuck Royce ( Trades , Portfolio ) reduced his positions in Buckle Inc. ( BKE ) and Cato Corp. ( CATO ) as the companies offer weak revenue guidance for the rest of the year. On Aug. 17, CEO John Cato said his company reported a net loss of three cents per share for the 13-weeks ending July 29, driven by a 14% decline in same-store sales from the prior-year quarter.
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5f9ac354-fd25-4137-a7d6-3d11bac2e575
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719792.0
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2017-10-02 00:00:00 UTC
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Why Macy's Inc. Stock Was Sliding Today
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DDS
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https://www.nasdaq.com/articles/why-macys-inc-stock-was-sliding-today-2017-10-02
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nan
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nan
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What happened
Shares of Macy's, Inc. (NYSE: M) were heading lower today on a broader sell-off among retail stocks.
While there was no direct news on Macy's, department store stocks sold off after Nordstrom Inc's (NYSE: JWN) attempt to go private appeared to hit a roadblock.
As of 11:43 a.m. EDT, Macy's shares were down 5%, while Nordstrom, J.C. Penney (NYSE: JCP) , and Dillard's (NYSE: DDS) were also down sharply.
So what
The Nordstrom family has been seeking partners to take their namesake company private for several months, but The New York Post reported last night that the talks were "faltering." The Nordstrom family had worked with Leonard Green & Partners and other private equity firms, but the financing has not materialized and the deal appears to be "deep trouble."
That news cast a pall on Macy's and its peers as it could indicate lackluster interest in the department store sector as a whole.
Separately, another report showed that mall vacancies increased 8.3% in the third quarter and construction activity on shopping centers fell 49%, another sign that declining mall traffic is only going to get worse.
Now what
Macy's shares approached a 52-week low on the news as the company continues to struggle with the shifting dynamics in the retail industry. The company has modified its strategy by acquiring beauty brand BlueMercury, opening off-price Backstage stores, and selling off valuable downtown real estate, but none of those initiatives have reversed falling sales or inspired confidence among investors.
After today's news, that trend seems likely to continue.
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Jeremy Bowman owns shares of J.C. Penney. The Motley Fool recommends Nordstrom. 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.
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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As of 11:43 a.m. EDT, Macy's shares were down 5%, while Nordstrom, J.C. Penney (NYSE: JCP) , and Dillard's (NYSE: DDS) were also down sharply. While there was no direct news on Macy's, department store stocks sold off after Nordstrom Inc's (NYSE: JWN) attempt to go private appeared to hit a roadblock. The Nordstrom family had worked with Leonard Green & Partners and other private equity firms, but the financing has not materialized and the deal appears to be "deep trouble."
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As of 11:43 a.m. EDT, Macy's shares were down 5%, while Nordstrom, J.C. Penney (NYSE: JCP) , and Dillard's (NYSE: DDS) were also down sharply. While there was no direct news on Macy's, department store stocks sold off after Nordstrom Inc's (NYSE: JWN) attempt to go private appeared to hit a roadblock. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.
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As of 11:43 a.m. EDT, Macy's shares were down 5%, while Nordstrom, J.C. Penney (NYSE: JCP) , and Dillard's (NYSE: DDS) were also down sharply. What happened Shares of Macy's, Inc. (NYSE: M) were heading lower today on a broader sell-off among retail stocks. While there was no direct news on Macy's, department store stocks sold off after Nordstrom Inc's (NYSE: JWN) attempt to go private appeared to hit a roadblock.
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As of 11:43 a.m. EDT, Macy's shares were down 5%, while Nordstrom, J.C. Penney (NYSE: JCP) , and Dillard's (NYSE: DDS) were also down sharply. What happened Shares of Macy's, Inc. (NYSE: M) were heading lower today on a broader sell-off among retail stocks. While there was no direct news on Macy's, department store stocks sold off after Nordstrom Inc's (NYSE: JWN) attempt to go private appeared to hit a roadblock.
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9c9d568f-22b7-4aba-8716-fd4f74a41bff
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719793.0
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2017-09-27 00:00:00 UTC
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Macy's (M) Steps Up Efforts to Counter Retail Headwinds
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DDS
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https://www.nasdaq.com/articles/macys-m-steps-up-efforts-to-counter-retail-headwinds-2017-09-27
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nan
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nan
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The retail landscape has been undergoing a fundamental change, with technology playing a major role and the focus shifting to online shopping. This transition in shopping pattern is compelling retailers to rapidly adapt to the changes in the ecosystem. Retailers are left with no option but to keep pace with the changing retail scenario or get eliminated. They are now focusing more on enhancing omni-channel capabilities, optimizing store fleet and restructuring activities. Although Macy's, Inc.M is not fully immune to retail headwinds, this department store retailer is leaving no stone unturned to be back on growth trajectory.
What's Giving Macy's a Tough Time?
Waning Top & Bottom-Lines
Macy's waning top and bottom-line performance has been a major concern. A look at the company's performance in fiscal 2016 unveils that net sales declined 7.4%, 3.9%, 4.2% and 4% in the first, second, third and fourth quarters, while earnings per share plunged 28.6%, 15.6%, 69.6% and 3.3% during the respective quarters. During the first and second quarters of fiscal 2017 the scenario was no different, as net sales declined 7.5% and 5.4%, while earnings per share fell 40% and 11.1%, respectively.
Soft Comps & Earnings Projection
Macy's continues to project total sales to decline in the band of 3.2-4.3% and expects comps on an owned plus licensed basis to decrease in the range of 2-3% during fiscal 2017. The company also maintains adjusted earnings forecast of $2.90-$3.15 per share compared with $3.11 posted in fiscal 2016.
Management had warned investors that margins may continue to feel the pinch of tough retail scenario on account of stiff competition from other department store retailers such as Kohl's Corporation KSS , Dillard's, Inc. DDS and J. C. Penney Company, Inc. JCP . Macy's cautioned investors that its fiscal 2017 gross margin may contract 50-70 basis points.
Macy's Action Plan
Macy's has announced a slew of measures revolving around stores closures, cost containment, real estate strategy and investment in omni-channel capabilities to enhance sales, profitability and cash flows. Additionally, management is developing e-commerce business, Macy's Backstage off-price business along with expanding Bluemercury and online order fulfillment centers.
Management is realigning operations and focusing on curtailing costs. It informed that these measures are likely to result in annual savings of about $550 million, and would allow the company to invest an additional $250 million in enhancing digital business, store-related growth initiatives, Bluemercury, Macy's Backstage and China.
Macy's recently announced the restructuring of its merchandising operations that includes combining of merchandising, planning and private brands divisions into one segment. As part of the restructuring, the company would incur one-time costs of approximately $20-$25 million in the third quarter of fiscal 2017. However, management expects to save about $30 million on an annual basis. The company anticipates saving about $5 million or approximately 1 cent a share in the final quarter.
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Macy's Inc (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report
Kohl's Corporation (KSS): 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.
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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Management had warned investors that margins may continue to feel the pinch of tough retail scenario on account of stiff competition from other department store retailers such as Kohl's Corporation KSS , Dillard's, Inc. DDS and J. C. Penney Company, Inc. JCP . Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. The retail landscape has been undergoing a fundamental change, with technology playing a major role and the focus shifting to online shopping.
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Management had warned investors that margins may continue to feel the pinch of tough retail scenario on account of stiff competition from other department store retailers such as Kohl's Corporation KSS , Dillard's, Inc. DDS and J. C. Penney Company, Inc. JCP . Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. It informed that these measures are likely to result in annual savings of about $550 million, and would allow the company to invest an additional $250 million in enhancing digital business, store-related growth initiatives, Bluemercury, Macy's Backstage and China.
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Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Management had warned investors that margins may continue to feel the pinch of tough retail scenario on account of stiff competition from other department store retailers such as Kohl's Corporation KSS , Dillard's, Inc. DDS and J. C. Penney Company, Inc. JCP . Macy's Action Plan Macy's has announced a slew of measures revolving around stores closures, cost containment, real estate strategy and investment in omni-channel capabilities to enhance sales, profitability and cash flows.
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Management had warned investors that margins may continue to feel the pinch of tough retail scenario on account of stiff competition from other department store retailers such as Kohl's Corporation KSS , Dillard's, Inc. DDS and J. C. Penney Company, Inc. JCP . Click to get this free report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Kohl's Corporation (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. It informed that these measures are likely to result in annual savings of about $550 million, and would allow the company to invest an additional $250 million in enhancing digital business, store-related growth initiatives, Bluemercury, Macy's Backstage and China.
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2017-09-25 00:00:00 UTC
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Kohl’s Inc. (KSS) Trying Different Things, Should You Care?
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DDS
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https://www.nasdaq.com/articles/kohls-inc.-kss-trying-different-things-should-you-care-2017-09-25
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Stocks of most retailers, especially department stores, seem worthless in today's market. Kohl ' s Inc. (NYSE: KSS ) is an exception.
Source: FlickrMacy's Inc. (NYSE: M ) is worth just $6.62 billion on annual sales of $25.77 billion. Dillards Inc. (NYSE: DDS ) is worth just $1.64 billion on revenue of $6.4 billion. JC Penney Co. Inc. (NYSE: JCP ) is valued at $1.23 billion despite sales of over $12 billion.
7 Dividend Stocks Increasing Payouts -- TD GD DLR BBY CNQ KSS WYN
Partly because it's known as a discount clothing chain and its stores aren't in malls, but in strip centers and out-parcels, Kohl's has bucked the trend. It carries a market cap of $7.65 billion on annual revenue of $18.68 billion and, for the quarter ending in July, it made a respectable profit - $208 million or $1.44 per share, on revenue of $4.14 billion.
But the stock is being propped up by something else, even beyond a 55-cent-per-share dividend yielding 4.85%.
Kohl's is getting points for trying.
Rage Against the Dying of the Light
This week, Kohl's announced it would pack and ship Amazon.com Inc. (NASDAQ: AMZN ) customer returns in Los Angeles and Chicago.
The deal covers just 82 stores and to get it Kohl's is stocking some of Amazon's Echo speakers (Alexa, can I get a better price for this blouse?), but investors got a tingle from it. KSS shares, which started at $45, shot up past $47 per share on Sept. 19 before finally settling at $45.38.
Kohl's is getting favorable press coverage because, rather than wait for other brands and the internet to swallow it whole, its managers are trying things. Earlier, the chain had made a deal to stock Under Armour Inc. (NYSE: UAA ) at full mark-up. Early results were promising.
Luke Lango thinks all this makes Kohl's a "retail gem." The company's sales grew between the spring and summer quarters, although July's figures still trailed those of a year ago. With a price-to-earnings multiple of 11.2 and that dividend yield of nearly 5% fully supported by earnings, what's not to like? It's better than the other retailers.
What's not to Like?
Professional analysts are not yet convinced.
Of the 22 following the company, 15 are solidly on the fence, rating Kohl's a "hold," while the others are almost evenly split between those urging investors to buy and those urging them to sell. The company is next due to report its earnings on Nov. 9, with analysts expecting 71 cents per share on revenue of $4.3 billion. These figures would be just short of those achieved a year ago.
Despite all the ink being spilled on the "Kohl's turnaround," the fact is the chain is barely holding its own in the present environment. Sales are not growing and, on an annual basis, neither are margins. What's keeping the stock price up is the dividend, supported by earnings. KSS is being pushed as a value stock , but it's mainly an income stock, and you want to watch those earnings carefully to make sure they cover the dividend should you decide to buy it.
The Bottom Line
What could Kohl's do differently?
It might start with a Web site that doesn't look quite so much like that of JC Penney , with "sponsored products" that aren't mysteriously out of stock. It might act strategically, not just tactically, and let investors know what it plans to be, say, five years from now, rather than just going from deal to deal.
J C Penney Company Inc (JCP) Stock Collapses on Weak Q2 Earnings
It's good that Kohl's is trying things, that it's not just letting itself get pulled into the tar pit with the other mainline retailers, but I think it's still lacking strategic sense - something that makes it truly different. When it can explain what makes it unique in 25 short words or fewer, I'll consider it.
You don't just get points for trying. Success, and a vision for future success, is required.
Dana Blankenhorn is a financial and technology journalist. He is the author of the historical mystery romance The Reluctant Detective Travels in Time , available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn . As of this writing he owned shares in AMZN.
The post Kohl's Inc. (KSS) Trying Different Things, Should You Care? 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.
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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Dillards Inc. (NYSE: DDS ) is worth just $1.64 billion on revenue of $6.4 billion. 7 Dividend Stocks Increasing Payouts -- TD GD DLR BBY CNQ KSS WYN Partly because it's known as a discount clothing chain and its stores aren't in malls, but in strip centers and out-parcels, Kohl's has bucked the trend. Rage Against the Dying of the Light This week, Kohl's announced it would pack and ship Amazon.com Inc. (NASDAQ: AMZN ) customer returns in Los Angeles and Chicago.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dillards Inc. (NYSE: DDS ) is worth just $1.64 billion on revenue of $6.4 billion. JC Penney Co. Inc. (NYSE: JCP ) is valued at $1.23 billion despite sales of over $12 billion.
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Dillards Inc. (NYSE: DDS ) is worth just $1.64 billion on revenue of $6.4 billion. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Stocks of most retailers, especially department stores, seem worthless in today's market. It carries a market cap of $7.65 billion on annual revenue of $18.68 billion and, for the quarter ending in July, it made a respectable profit - $208 million or $1.44 per share, on revenue of $4.14 billion.
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Dillards Inc. (NYSE: DDS ) is worth just $1.64 billion on revenue of $6.4 billion. Kohl ' s Inc. (NYSE: KSS ) is an exception. The company is next due to report its earnings on Nov. 9, with analysts expecting 71 cents per share on revenue of $4.3 billion.
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190815be-d5b0-4e17-a2a0-6f4f88bb60f6
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2017-09-21 00:00:00 UTC
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Noteworthy Thursday Option Activity: RCL, DDS, DO
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DDS
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https://www.nasdaq.com/articles/noteworthy-thursday-option-activity-rcl-dds-do-2017-09-21
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Royal Caribbean Cruises Ltd (Symbol: RCL), where a total of 13,159 contracts have traded so far, representing approximately 1.3 million underlying shares. That amounts to about 76.9% of RCL's average daily trading volume over the past month of 1.7 million shares. Especially high volume was seen for the $110 strike put option expiring October 20, 2017 , with 6,304 contracts trading so far today, representing approximately 630,400 underlying shares of RCL. Below is a chart showing RCL's trailing twelve month trading history, with the $110 strike highlighted in orange:
Dillard's Inc. (Symbol: DDS) options are showing a volume of 4,786 contracts thus far today. That number of contracts represents approximately 478,600 underlying shares, working out to a sizeable 76.6% of DDS's average daily trading volume over the past month, of 624,610 shares. Especially high volume was seen for the $62.50 strike call option expiring October 20, 2017 , with 1,258 contracts trading so far today, representing approximately 125,800 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $62.50 strike highlighted in orange:
And Diamond Offshore Drilling, Inc. (Symbol: DO) options are showing a volume of 20,344 contracts thus far today. That number of contracts represents approximately 2.0 million underlying shares, working out to a sizeable 75.7% of DO's average daily trading volume over the past month, of 2.7 million shares. Especially high volume was seen for the $10 strike put option expiring December 15, 2017 , with 7,000 contracts trading so far today, representing approximately 700,000 underlying shares of DO. Below is a chart showing DO's trailing twelve month trading history, with the $10 strike highlighted in orange:
For the various different available expirations for RCL options , DDS options , or DO 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.
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 $62.50 strike call option expiring October 20, 2017 , with 1,258 contracts trading so far today, representing approximately 125,800 underlying shares of DDS. Below is a chart showing RCL's trailing twelve month trading history, with the $110 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) options are showing a volume of 4,786 contracts thus far today. That number of contracts represents approximately 478,600 underlying shares, working out to a sizeable 76.6% of DDS's average daily trading volume over the past month, of 624,610 shares.
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Below is a chart showing RCL's trailing twelve month trading history, with the $110 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) options are showing a volume of 4,786 contracts thus far today. That number of contracts represents approximately 478,600 underlying shares, working out to a sizeable 76.6% of DDS's average daily trading volume over the past month, of 624,610 shares. Especially high volume was seen for the $62.50 strike call option expiring October 20, 2017 , with 1,258 contracts trading so far today, representing approximately 125,800 underlying shares of DDS.
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Especially high volume was seen for the $62.50 strike call option expiring October 20, 2017 , with 1,258 contracts trading so far today, representing approximately 125,800 underlying shares of DDS. Below is a chart showing RCL's trailing twelve month trading history, with the $110 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) options are showing a volume of 4,786 contracts thus far today. That number of contracts represents approximately 478,600 underlying shares, working out to a sizeable 76.6% of DDS's average daily trading volume over the past month, of 624,610 shares.
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Especially high volume was seen for the $62.50 strike call option expiring October 20, 2017 , with 1,258 contracts trading so far today, representing approximately 125,800 underlying shares of DDS. Below is a chart showing DO's trailing twelve month trading history, with the $10 strike highlighted in orange: For the various different available expirations for RCL options , DDS options , or DO options , visit StockOptionsChannel.com. Below is a chart showing RCL's trailing twelve month trading history, with the $110 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) options are showing a volume of 4,786 contracts thus far today.
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229a1986-5ba8-4094-9ec6-d9ad2f655a5d
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719796.0
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2017-09-20 00:00:00 UTC
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Dillard's (DDS) Surges Despite Industry Woes: Time to Hold?
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DDS
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https://www.nasdaq.com/articles/dillards-dds-surges-despite-industry-woes%3A-time-to-hold-2017-09-20
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nan
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nan
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Clothing retailer, Dillard's Inc.DDS has been a valuable pick driven by its constant efforts to capitalize on growth opportunities in brick-and-mortar stores and e-commerce business. Further, the company's focus on increasing productivity, enhancing domestic operations and boosting shareholder value remain noteworthy.
While shares of this Zacks Rank #3 (Hold) stock has dipped 9.8% year to date, it has outperformed the industry 's fall of 28.1%. Currently, the industry is placed at the top 38% of the Zacks classified industries (100 out of 256).
Further, the stock is supported by a Value Score of B and long-term earnings growth rate of 2.6%, which justify its growth prospects.
Factors Aiding Performance
Dillard's enjoys a niche position among fashion apparel, cosmetics and home furnishing retailers. We expect the company's strategy of offering fashion-forward and trendy products, store remodels and omni-channel initiatives to act as a catalyst for attracting more customers, consequently leading to overall growth.
Driven by efforts to uphold growth at the brick-and-mortar stores, the company is likely to gain from better brand relations, focus on in-trend categories, store remodels and rewarding store personnel. Alongside, it focuses on enhancing merchandise assortments and effective inventory management to boost growth across e-commerce business. We expect the company's top and bottom lines to gain from focus on increasing productivity at existing stores, developing a leading omni-channel platform along with enhancing domestic operations in the years ahead.
Moreover, the company's strong balance sheet and cash flow provide the financial flexibility to take up shareholder-friendly moves as well as engage in store and online business expansion. Notably, the company recently approved a quarterly dividend hike of 42.9% to 10 cents per share compared with the previous payout of 7 cents. The new dividend will be paid on Class A and Class B common stock on Oct 30, to shareholders of record as on Sep 29, 2017.
Possible Deterrents
However, the company has been plagued with the persistent challenging trends in the apparel retail segment. Dillard's reported dismal second-quarter fiscal 2017 results, wherein it reported a loss that was wider than the year-ago period as well as the Zacks Consensus Estimate. Moreover, the bottom line has lagged the Zacks Consensus Estimate in six of the trailing eight quarters.
Dillard's, Inc. Price, Consensus and EPS Surprise
Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote
The unimpressive history can be widely attributed to the challenging trends in the apparel retail segment arising out of the changing preference of customers from offline to online. Persistence of these trends remains a threat.
Still Interested in Retail? Check These Trending Stocks
Meanwhile, investors may consider better-ranked stocks in the retail sector like Abercrombie & Fitch Co. ANF , Zumiez Inc. ZUMZ and Canada Goose Holdings Inc. GOOS . While Abercrombie and Zumiez sport a Zacks Rank #1 (Strong Buy), Canada Goose carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Abercrombie has improved 16.8% year to date. Moreover, the stock has a long-term growth rate of 14%.
Zumiez has witnessed positive estimate revisions in the last 30 days. The stock has a long-term growth rate of 15% and has grown 37.3% in the last three months.
Canada Goose, with long-term earnings per share growth rate of 34.1%, has surged 23.1% year to date.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
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
Zumiez Inc. (ZUMZ): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
Canada Goose Holdings Inc. (GOOS): 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.
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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Clothing retailer, Dillard's Inc.DDS has been a valuable pick driven by its constant efforts to capitalize on growth opportunities in brick-and-mortar stores and e-commerce business. Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. We expect the company's strategy of offering fashion-forward and trendy products, store remodels and omni-channel initiatives to act as a catalyst for attracting more customers, consequently leading to overall growth.
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Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Clothing retailer, Dillard's Inc.DDS has been a valuable pick driven by its constant efforts to capitalize on growth opportunities in brick-and-mortar stores and e-commerce business. We expect the company's top and bottom lines to gain from focus on increasing productivity at existing stores, developing a leading omni-channel platform along with enhancing domestic operations in the years ahead.
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Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Clothing retailer, Dillard's Inc.DDS has been a valuable pick driven by its constant efforts to capitalize on growth opportunities in brick-and-mortar stores and e-commerce business. Check These Trending Stocks Meanwhile, investors may consider better-ranked stocks in the retail sector like Abercrombie & Fitch Co. ANF , Zumiez Inc. ZUMZ and Canada Goose Holdings Inc. GOOS .
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Clothing retailer, Dillard's Inc.DDS has been a valuable pick driven by its constant efforts to capitalize on growth opportunities in brick-and-mortar stores and e-commerce business. Click to get this free report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. While shares of this Zacks Rank #3 (Hold) stock has dipped 9.8% year to date, it has outperformed the industry 's fall of 28.1%.
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2017-09-12 00:00:00 UTC
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Should Value Investors Consider Dillard's (DDS) Stock Now?
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DDS
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https://www.nasdaq.com/articles/should-value-investors-consider-dillards-dds-stock-now-2017-09-12
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nan
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nan
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Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn't want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let's put Dillard's, Inc.DDS stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:
PE Ratio
A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock's current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole.
On this front, Dillard's Inc. has a trailing twelve months PE ratio of 14.3, as you can see in the chart below:
We should also point out that Dillard's Inc. has a forward PE ratio (price relative to this year's earnings) of just 17.1, so it is fair to expect an increase in the company's share price in the near future.
P/S Ratio
Another key metric to note is the Price/Sales ratio. This approach compares a given stock's price to its total sales, where a lower reading is generally considered better. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings.
Right now, Dillard's Inc. has a P/S ratio of about 0.3. This is significantly lower than the S&P 500 average, which comes in at 3.1 right now. Also, as we can see in the chart below, this is somewhat below the highs for this stock in particular over the past few years.
If anything, this suggests some level of undervalued trading-at least compared to historical norms.
Broad Value Outlook
In aggregate, Dillard's Inc. currently has a Value Style Score of A, putting it into the top 20% of all stocks we cover from this look. This makes DDS a solid choice for value investors.
What About the Stock Overall?
Though Dillard's Inc. might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of C and a Momentum score of F. This gives DDS a VGM score-or its overarching fundamental grade-of B. (You can read more about the Zacks Style Scores here >> )
Meanwhile, the company's recent earnings estimates have been disappointing. The current quarter has seen two estimates go lower in the past sixty days, compared to none higher, while the full year estimate has seen a similar trend in the same time period.
This has had a noticeable impact on the consensus estimate, as the current quarter consensus estimate has plunged about 25.7% in the past two months, while the full year estimate has fallen about 16%. You can see the consensus estimate trend and recent price action for the stock in the chart below:
Dillard's, Inc. Price and Consensus
Dillard's, Inc. Price and Consensus | Dillard's, Inc. Quote
This bearish trend is why the stock has just a Zacks Rank #3 (Hold) and why we are looking for in-line performance from the company in the near term.
Bottom Line
Dillard's Inc. is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. Moreover, a decent industry rank (top 45% out of more than 250 industries) further supports the growth potential of the stock. However, with a Zacks Rank #3, it is hard to get too excited about this company overall. In fact, over the past one year, the sector has clearly underperformed the broader market, as you can see below:
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
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.
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 particular, it is worth noting that the company has a Growth grade of C and a Momentum score of F. This gives DDS a VGM score-or its overarching fundamental grade-of B. Let's put Dillard's, Inc.DDS stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This makes DDS a solid choice for value investors.
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Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Let's put Dillard's, Inc.DDS stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This makes DDS a solid choice for value investors.
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Let's put Dillard's, Inc.DDS stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This makes DDS a solid choice for value investors. In particular, it is worth noting that the company has a Growth grade of C and a Momentum score of F. This gives DDS a VGM score-or its overarching fundamental grade-of B.
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Let's put Dillard's, Inc.DDS stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This makes DDS a solid choice for value investors. In particular, it is worth noting that the company has a Growth grade of C and a Momentum score of F. This gives DDS a VGM score-or its overarching fundamental grade-of B.
|
d60dbca3-5acf-46ed-93a5-ad364a8174dc
|
719798.0
|
2017-09-07 00:00:00 UTC
|
Dillard's Breaks Below 200-Day Moving Average - Notable for DDS
|
DDS
|
https://www.nasdaq.com/articles/dillards-breaks-below-200-day-moving-average-notable-dds-2017-09-07
|
nan
|
nan
|
In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $58.08, changing hands as low as $57.77 per share. Dillard's Inc. shares are currently trading off about 3.7% 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 $45.51 per share, with $83.44 as the 52 week high point - that compares with a last trade of $57.85.
According to the ETF Finder at ETF Channel, DDS makes up 289670.75% of the SPDR S&P Retail ETF (Symbol: XRT) which is trading up by about 0.5% on the day Thursday.
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $58.08, changing hands as low as $57.77 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 $45.51 per share, with $83.44 as the 52 week high point - that compares with a last trade of $57.85. According to the ETF Finder at ETF Channel, DDS makes up 289670.75% of the SPDR S&P Retail ETF (Symbol: XRT) which is trading up by about 0.5% on the day Thursday.
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $58.08, changing hands as low as $57.77 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 $45.51 per share, with $83.44 as the 52 week high point - that compares with a last trade of $57.85. According to the ETF Finder at ETF Channel, DDS makes up 289670.75% of the SPDR S&P Retail ETF (Symbol: XRT) which is trading up by about 0.5% on the day Thursday.
|
In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $58.08, changing hands as low as $57.77 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 $45.51 per share, with $83.44 as the 52 week high point - that compares with a last trade of $57.85. According to the ETF Finder at ETF Channel, DDS makes up 289670.75% of the SPDR S&P Retail ETF (Symbol: XRT) which is trading up by about 0.5% on the day Thursday.
|
In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $58.08, changing hands as low as $57.77 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 $45.51 per share, with $83.44 as the 52 week high point - that compares with a last trade of $57.85. According to the ETF Finder at ETF Channel, DDS makes up 289670.75% of the SPDR S&P Retail ETF (Symbol: XRT) which is trading up by about 0.5% on the day Thursday.
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b4edc864-daa2-4ca4-a982-55c3b20e0f7f
|
719799.0
|
2017-08-28 00:00:00 UTC
|
Implied Volatility Surging for Dillard (DDS) Stock Options
|
DDS
|
https://www.nasdaq.com/articles/implied-volatility-surging-for-dillard-dds-stock-options-2017-08-28
|
nan
|
nan
|
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 September 15 th , 2017, $90 Put 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 shares, but what is the fundamental picture for the company? Currently, Dillard is a Zacks Rank #3 (Hold) in the Retail - Regional Department Stores industry that ranks in the Top 16% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while two have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from 43 cents per shareto 26 cents in that period.
Given the way analysts feel about Dillard right now, this huge implied volatility could mean there's a trade developing. Often times, 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?
Each week, our very own Dave Bartosiak gives his top options trades. Check out his recent live analysis and options trade for the NFLX earnings report completely free. See it here: Trading Netflix's (NFLX) Earnings with Options or check out the embedded video below for more details:
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.
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. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. 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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Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. 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.
|
Investors in Dillard's, Inc.DDS need to pay close attention to the stock based on moves in the options market lately. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. 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.
|
Investors in Dillard's, Inc.DDS need to pay close attention to the stock based on moves in the options market lately. Click to get this free report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
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8850ee1e-689a-440f-9e1b-67d354d59aed
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