Before Tuesday�� opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst commentary for investors.
Nomura Boosts PT on Microsoft
Nomura has lifted its price target on Microsoft Corporation (MSFT) to $50 as its new CEO is expected to announce new earnings initiatives. This new price target suggests a 19% upside from Monday’s closing price of $42.14. MSFT has a dividend yield of 2.66%.
Campbell Soup Downgraded at Goldman Sachs
Campbell Soup Company (CPB) has been cut to “Sell” at Goldman Sachs as the company is expected to miss analyst expectations. CPB has a dividend yield of 2.76%.
10 Best Valued Stocks To Buy For 2015: Copart Inc. (CPRT)
Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, and the United Kingdom. The company offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Second Generation Internet auction-style sales technology, to vehicle sellers, primarily insurance companies, banks and financial institutions, charities, car dealerships, fleet operators, and vehicle rental companies. Its services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, flexible vehicle processing programs, member network, sales process, dealer services, direct services, and u-pull-it services, as well as CoPartfinder, an Internet-based used vehicle parts locator that provides vehicle dismantlers with resale opportunities for their purchases. Th e company sells its products to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as the general public. Copart, Inc. was founded in 1982 and is headquartered in Fairfield, California.
Advisors' Opinion:- [By Lauren Pollock]
Car auctioneer Copart Inc.'s(CPRT) reported a weaker-than-expected fiscal fourth-quarter profit because of higher expenses. While revenue growth topped analysts’ expectations, the bottom line surprisingly fell 8% from a year ago as Copart’s expenses–including yard operation and vehicle sale costs–jumped from the prior year.
- [By Geoff Gannon] s thousands of acres of land around the U.S. Some of it is quite valuable. It�� carried on the balance sheet at $343 million. That number excludes buildings and improvements (which had an original cost of another $384 million).
Some of that land ��for example, some of the earliest properties they still own in California ��are worth much, much more than they are carried for.
But that fact actually isn�� that important. Why not?
Because Copart earns very high returns on its net tangible assets. We��e talking about probably 20% to 30% returns on tangible investment. You don�� normally earn 20% on land. So, the value of land is not very high outside of Copart�� operations relative to what it is worth inside Copart�� operations.
And, yes, the land is critical to Copart�� operations. They don�� necessarily have to own it ��a major competitor leases almost all of its land ��but they do have to control it.
Now, if something were ever to happen to Copart�� business where you had a long-term deterioration in the car salvage business that land might become very important to an analysis of Copart.
Let�� assume that tomorrow there is some high tech crash avoidance system. For example, cars are navigated remotely rather than being driven by someone inside the car.
Under those circumstances, Copart�� business would be forever changed. The volume of wrecks would decline. And Copart�� invested assets ��like its big salvage yards ��would become much less valuable inside Copart�� business.
That means the market value of the land would now be a lot higher relative to the value Copart could get from using the land to store cars. This would change the analysis entirely. And suddenly Copart�� balance sheet would be worth careful analysis.
While this sounds farfetched, it�� actually the kind of thing that happens at net-nets and other stocks that are valuable on a liquidation basis. They start
Top 10 Companies For 2014: Panasonic Corp (PCRFF)
Panasonic Corporation is a Japan-based electronics manufacturer. The Audio-Visual Computer (AVC) Network segment offers audio and video equipment. The Appliance segment provides household air-conditioning machines. The System Communications segment provides system network and mobile communications-related products and services. The Eco-solutions segment consists of riding, energy system, housing system and others. The Automotive systems segment provides automotive multimedia-related equipment and others. The Device segment provides electronic components, semiconductors and optical devices. The Energy segment provides solar system and lithium-ion batteries. The Others segment consists of health care, manufacturing solutions and PanaHome. On October 1, 2013, it announced it had set up a research and development center in Singapore. In December 2013, it transferred its 66.7% stake in a Japan-based subsidiary. In December 2013, it acquired a Turkey-based company. Advisors' Opinion:- [By Virginia Harrison]
The other big Olympic sponsors are Visa (V, Fortune 500), Samsung (SSNLF), Panasonic (PCRFF), General Electric (GE, Fortune 500), Dow Chemical (DOW, Fortune 500), Procter & Gamble (PG, Fortune 500), Omega (OCFN) and Atos (ATOS). They're staying tight-lipped about the issue in public but a senior official at the International Olympic Committee said this month that several had raised concerns about how the law could affect the Games.
- [By Melvin Backman]
Tesla hopes the Model 3 will cost between $30,000 to $40,000. The flagship Model S costs nearly $70,000 and Tesla's upcoming crossover, the Model X, will cost about that much. Panasonic (PCRFF) will partner with Tesla on the Gigafactory, which broke ground in July.
- [By Jesse Solomon]
And while competitors Panasonic (PCRFF), Row 44 and Viasat are vying for in-flight wi-fi space, many of Gogo's clients -- which include Delta (DAL, Fortune 500), American (AAMRQ, Fortune 500), and Virgin America -- have contracts until 2018, according to Schildkraut.
Top 10 Companies For 2014: Carpenter Technology Corp (CRS)
Carpenter Technology Corporation (Carpenter), incorporated in 1904, is engaged in the manufacturing, fabrication and distribution of specialty metals. The Company has three reportable segments: Advanced Metals Operations, Premium Alloys Operations, and Emerging Ventures., The Company develops, manufactures and distributes cast/wrought and powder metal stainless steels and special alloys, including high-temperature alloys, controlled expansion alloys, ultra high-strength alloys, implantable alloys, tool and die steels and other specialty metals, as well as cast/wrought titanium alloys. Carpenter provides material solutions to the aerospace, industrial, energy, medical, consumer products and automotive industries. In June 2011, Carpenter acquired Oilfield Alloys Pte. Ltd. In February 2012, the Company acquired Latrobe Specialty Metals, Inc.
Carpenter�� Advanced Metals Operations (AMO) segment includes the manufacturing and distribution of high-temperature and high-strength metal alloys, stainless steels, and titanium in the form of small bars and rods, wire, narrow strip and powder. Products in this segment go through more finishing operations, such as rolling, turning, grinding, drawing, and atomization, than products in its PAO segment. Also, sales in the AMO segment are spread across many end-use markets, including the aerospace, industrial, consumer, automotive, and medical industries. AMO products are sold under the Carpenter, Dynamet, Talley, Carpenter Powder Products and Aceros Fortuna brand names.
Its Premium Alloys Operations (PAO) segment includes the manufacturing and distribution of high temperature and high strength metal alloys and stainless steels in the form of ingots, billets, large bars and hollows. Also, the PAO segment includes conversion processing of metal for other specialty metals companies. A significant portion of PAO sales are to customers in the aerospace and energy industries. The Emerging Ventures segment includes the operations of the recently ! completed acquisitions of Amega West and Oilfield Alloys. The sales of Amega West are to customers in the energy end use market.
The Company��s major classes of products include special alloys, stainless steels and titanium products. special alloys are used in critical components such as rings, discs and fasteners and include heat resistant alloys that range from slight modifications of stainless steels to complex nickel and cobalt base alloys as well as alloys for electronic, magnetic and electrical applications with controlled thermal expansion characteristics, or high electrical resistivity or special magnetic characteristics. Its stainless products include a range of corrositon resistant alloys including conventional stainless steels and many proprietary grades for special applications. Titanium products include corrosion resistant, specialized metal with a combination of high strength and low density.
Advisors' Opinion:- [By Jake L'Ecuyer]
Carpenter Technology (NYSE: CRS) was down, falling 2.71 percent to $64.64 after the company reported preliminary Q3 GAAP earnings of $0.54 to $0.58 per share, versus analysts' estimates of $0.72 per share.
- [By Lee Jackson]
Industrials: Carpenter Technology Corp. (NYSE: CRS) manufactures, fabricates�and distributes specialty metals worldwide. It operates in three segments: Specialty Alloys Operations, Latrobe and Performance Engineered Products. Credit Suisse expects earnings per share growth to average 32% in fiscal years 2014 to 2016. This should be driven by double-digit growth in commercial aerospace and energy, coupled with higher incremental margins as a result of improving mix, asset utilization�and Latrobe synergies. The price target for the stock is $72, though the consensus target is lower at $65. Investors are paid a 1.2% dividend. A move to the target price would represent a gain of 20%
- [By Monica Gerson]
Carpenter Technology (NYSE: CRS) shares slipped 3.34% to $64.22 after the company reported preliminary Q3 GAAP earnings of $0.54 to $0.58 per share, versus analysts' estimates of $0.72 per share.
- [By Jon C. Ogg]
Carpenter Technology Corp. (NYSE: CRS) is one that remains well positioned within Aerospace materials sector, despite industry inventory adjustments still lingering. The firm believes that the value of the Athens facility is underappreciated and is likely to open sooner than the official April date. Sterne Agee also believes that 2014 will be the beginning of a multi-year growth cycle with a significant opportunity to improve cash generation. It even sees 20%+ upside to current levels as 2014 will be a transformational year.
Top 10 Companies For 2014: Research Frontiers Incorporated(REFR)
Research Frontiers Incorporated engages in the development, licensing, and marketing of technology and devices to control the flow of light. The company licenses its suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-smart chemical emulsion, light-control film made from chemical emulsion, lamination services, and electronics to power end-products incorporating the film; and end-products, such as windows, skylights, and sunroofs. The SPD-Smart light-control technology is used for various applications, such as windows, skylights, partitions, doors, and sunshades for the architectural, aircraft, marine, automotive, and appliance industries; variable light transmission sunglasses, goggles, visors, and other eyewear; variable light transmission automotive sunroofs, sunvisors, and rear-view mirrors; and flat panel information displays for use in billboards, scoreboards, point-of-purchase advertising displays, traffic s igns, computers, telephones, PDAs, and other electronic instruments. The company was founded in 1965 and is headquartered in Woodbury, New York.
Advisors' Opinion:- [By Garrett Cook]
In trading on Friday, cyclical consumer goods & services shares gained 0.61 percent. Top gainers in the sector included Nike (NYSE: NKE), up 10 percent, and Research Frontiers (NASDAQ: REFR), up 5.6 percent.
Top 10 Companies For 2014: WEX Inc (WEX)
WEX Inc., formerly Wright Express Corporation, incorporated on June 18, 1999, is a provider of corporate card payment solutions. The Company operates in two segments: Fleet Payment Solutions and Other Payment Solutions. The Fleet Payment Solutions segment provides customers with fleet vehicle payment processing services specifically designed for the needs of commercial and government fleets. The Other Payment Solutions segment provides customers with payment processing solutions for their corporate purchasing and transaction monitoring needs through the Company's payment products. The Company's United States operations include WEX Inc., and the Company's wholly owned subsidiaries Fleet One, WEX Bank, rapid! PayCard, and Pacific Pride. On October 4, 2012, the Company acquired Fleet One. On August 30, 2012, the Company acquired a 51 % controlling interest in UNIK S.A. On May 11, 2012, the Company acquired CorporatePay Limited.
The Company's virtual card is used for transactions where no card is presented, including, for example, transactions conducted over the telephone, by mail, by fax or on the Internet. The Company's virtual card also can be used for transactions that require pre-authorization, such as hotel reservations. The rapid! PayCard product, a pre-paid payroll card, provides a paycard benefit and ePayroll program designed for employers choosing to convert to electronic delivery of payroll in the United States, replacing paper employee payroll checks. The Company also has several other product offerings, including corporate purchase cards and pre-paid and gift cards.
Fleet Payment Solutions
The Company's closed-loop fuel networks afford the Company access to a higher level of fleet-specific information and control than is widely available on open-loop networks. This allows the Company to improve and refine the information reporting the Company provides to its fleet customers and strategic relationships. The Company offers a differentiated set of products ! and services, including security and purchases controls, to allow its customers and the customers of its strategic relationships to better manage their vehicle fleets. The Company provides customized analysis and reporting on the efficiency of fleet vehicles and the purchasing behavior of fleet vehicle drivers. The Company's software facilitates the collection of information and affords the Company a high level of control and flexibility in allowing fleets to restrict purchases and receive automated alerts.
Other Payment Solutions
The Company's virtual products offer corporate customers enhanced security and control for payment needs. The Company's strategic relationships include three of the United States based online travel agencies. The Company's operations in the United Kingdom provide corporate prepaid solutions to the travel industry. In addition, the Company offers virtual products in the insurance/warranty and healthcare markets in the United States. The Company offers paycard products in the United States and Brazil. These products include payroll cards which are used to replace paper payroll checks.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on WEX (NYSE: WEX ) , whose recent revenue and earnings are plotted below. - [By Seth Jayson]
WEX (NYSE: WEX ) reported earnings on May 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), WEX met expectations on revenues and beat slightly on earnings per share.
Top 10 Companies For 2014: Tutor Perini Corporation(TPC)
Tutor Perini Corporation, together with its subsidiaries, provides diversified general contracting, construction management, and design-build services to private clients and public agencies worldwide. It operates in three segments: Civil, Building, and Management Services. The Civil segment involves in public works construction, and the repair, replacement, and reconstruction of infrastructure. This segment?s civil contracting services include construction and rehabilitation of highways, bridges, mass transit systems, and wastewater treatment facilities. The Building segment provides services to various specialized building markets for private and public works clients, such as the hospitality and gaming, transportation, healthcare, municipal offices, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, industrial and high-tech markets, electrical and mechanical, plumbing, and HVAC services. The Management Services Segment offers diversifie d construction and design-build services to the United States military and government agencies, surety companies, and multi-national corporations in the United States and internationally. This segment also provides rapid response and contract completion services; and management or general contracting services to fulfill the contractual and financial obligations of the surety on notification from the surety of a contractor bond default. The company was founded in 1894 and is headquartered in Sylmar, California.
Advisors' Opinion:- [By Ben Levisohn]
Shares of Harsco have gained 4.7% to $26.43 today at 1:16 p.m., outpacing other construction & engineering companies. Dycom (DY) has advanced 0.5% to $30, KBR Inc. (KBR) has ticked up 0.1% to $33.03, Worthington Industries�(WOR) has risen 2.8% to $38.85�and Tutor Perini (TPC) has rallied 3.6% to $22.46.
- [By Rich Smith]
On Wednesday, civil engineering firm Tutor Perini Corp. (NYSE: TPC ) said the California High-Speed Rail Authority has identified its $985 million bid to design the initial Madera-to-Fresno segment�of California's high-speed railway as the "apparent best value" of all bids received.
- [By Travis Hoium]
What: Shares of construction company Tutor Perini (NYSE: TPC ) jumped 12% today after the company released earnings.
So what: First quarter revenue was up 9%, to $992.9 million, and earnings nearly quadrupled, to $0.31 per share. Wall Street expected revenue to be $983.2 million and earnings of just $0.24, so investors were pleasantly surprised by the results.�
Top 10 Companies For 2014: Medina International Holdings Inc (MIHI)
Medina International Holdings, Inc. (Medina), incorporated on June 23, 1998, manufactures products and services to assist emergency and defense organizations and personnel. The Company, through its two wholly owned subsidiaries, Harbor Guard Boats, Inc. (HGB) and Medina Marine, Inc. manufactures and sells recreational and commercial boats. The products are manufactured by HGB, which designs, manufactures, and markets hand-laid fiberglass and aluminum commercial boats ranging from 15 feet to 37 feet, which are utilized by fire, search and rescue, emergency, patrol, military and defense organizations. It manufactures commercial and recreational watercrafts.
As of April 30, 2012, HGB had nine models of commercial and recreational watercrafts. The Company�� products consist of commercial boats and recreational boats. As of April 30, 2012, Medina had seven commercial watercraft models, ranging from 15 feet to 37 feet in length. Its other watercraft includes 15 feet interceptor, which is used for rescue and fiber glass; 20-feet interceptor, which is used for fire rescue, rescue and fiber glass; 21 feet firecat, which is used for fire rescue, rescue and fiber glass; 24 feet firecat/denfender, which is used for fire rescue, rescue, aluminum and fiber glass; 26 feet firecat/denfender, which is used for fire rescue, rescue, aluminum and fiber glass; 30 feet firecat/denfender, which is used for fire rescue, rescue, aluminum and fiber glass, and 37 feet firecat/denfender, which is used for fire rescue, rescue, aluminum and fiber glass. As of April 30, 2012, the Company had two recreational watercraft models. Its watercraft products are made out of fiberglass and aluminum materials.
Advisors' Opinion:- [By Peter Graham]
Last Friday, small cap Digital Brand Media & Marketing Group Inc (OTCMKTS: DBMM) surged 22.22% while Blue Water Global Group Inc (OTCBB: BLUU) sank 18.42% and Medina International Holdings, Inc (OTCMKTS: MIHI) sank 50%. However, one of these small caps (Blue Water Global Group) appears to be reversing course in early morning trading today. So with it and the rest of these small cap stocks either sink or swim in trading this week? Here is a closer look to help you decide on an investing or trading strategy:
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