Global News – UA – Results: Leaf Group Ltd Exceeded Expectations and Consensus Updated Estimates

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Leaf Group Ltd (NYSE: LEAF) Shareholders are probably feeling a bit disappointed, as its shares fell 39% to US $ 570 in the week after its latest quarterly results Leaf Group beat expectations by 49% with revenue of US $ 63m It also surprised on the profit front, with unexpected statutory profit of US $ 013 per share a nice improvement over losses expected by analysts It’s a moment important for investors because they can track a company’s performance in its report, look at what experts are forecasting for next year, and see if there has been a change in company expectations So we’ve put together the latest post-outcome statutory consensus estimates to see what might be in store for next year

Based on the latest results, the most recent consensus for Leaf Group from two analysts is for 2021 revenue of US $ 234 million, which if achieved would represent a substantial increase of 22% of its sales in the past 12 months Losses expected to increase slightly, to US $ 047 per share Before this latest report, the consensus expected earnings of US $ 2323m and US $ 043 per share of losses It is therefore fairly clear that analysts have mixed opinions on Leaf Group even after this update; although they reconfirmed their turnover, it came at the cost of a loss per share

Despite forecasting larger losses next year, analysts raised their price target 13% to US $ 900, which perhaps implies that these losses should not recur in the long run

Another way to look at these estimates is in the context of a bigger picture, like how the forecast compares to past performance and whether the forecast is more or less optimistic compared to other companies in the industry. From the latest estimates, it is clear that Leaf Group’s growth rate is expected to accelerate significantly, with expected revenue growth of 22% being significantly faster than its historic 87% pune growth over the past five years ago Compare this with other companies in the same industry, which are expected to grow their revenues by 18% next year Leaf Group is expected to grow at about the same rate as its industry, so it’s not clear that we can pull conclusions of its growth compared to its competitors

The most important thing to note is the forecast of increased losses next year, which suggests that all may not be well at Leaf Group They also reconfirmed their revenue estimates, with the company forecasting growth at about the same rate as the industry as a whole. There was also a nice increase in the target price, with analysts clearly feeling that the company’s intrinsic value is improving

With that in mind, we still think the long-term trajectory of the business is much more important for investors to consider We have analyst estimates for Leaf Group through 2024, and you can see them for free on our platform here

That said, there is still a need to consider the ever-present specter of investment risk We have identified 3 warning signs with Leaf Group, and understanding them should be part of your investment process

This Simply Wall St article is general in nature It does not constitute a recommendation to buy or sell shares, and does not take into account your goals or your financial situation We aim to provide you with a focused analysis long term based on fundamental data Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative information Simply Wall St does not have any positions in the stocks mentioned Do you have any comments on this article? Concerned about the content? Contact us directly You can also send an email to the editorial team @ Simplywallstcom

Joe Biden likes to talk about ‘tax cuts for the rich’ – here’s the real story

Last week, the market suffered its worst losses since the coronavirus panic in March Various concerns have impacted the financial world, pushing losses: the uncertainty of the upcoming elections, the increase in coronavirus cases and the unlikely of another economic stimulus anytime soon None of these are new, but they all come to a head This week should start to bring answers, especially if the election is booming for one side or for the The good news for investors is that the recent correction could have created a solid buying opportunity, at least according to JPMorgan strategist Nikolaos Panigirtzoglou »We believe that, as in September, [the] correction offers a good entry point for medium to long-term equity investors once US election uncertainty wears off, » noted Panigirtzoglou JPMorgan analysts said followed Panigirtzoglou’s lead and tapped two stocks they deem poised for solid gains in the coming weeks These Are Companies Analysts See At Least 60% Up Here Are The Details We scoured the TipRanks database to see what other Wall Street analysts had to say about them Alliance Data Systems (ADS) Premier on the list, Alliance Data Systems, provides purchase transaction data capture and analysis for more than 145 branded credit and reward programs The company’s customers include big names like Ulta Beauty and Pottery Barn Alliance uses capture data on retail transactions to better personalize reward programs, create more effective marketing communications, and improve customer loyalty The retail recession of the first half of this year – brought on by the impact of the coronavirus on the economy – hit Alliance hard as the company’s focus on physical retail customers left it exposed to closures ADS shares fell sharply in the middle of winter and are still down; the stock is trading at a loss of 52% year-to-date Profits rebounded sharply from strong first-quarter loss, however, Coronavirus fear drove ADS first quarter net profit down to just 67 cents per share, up from $ 5 18 Since then, Q2 and Q3 have seen strong gains, at $ 1 76 and $ 3 36 respectively Revenue is still down 27% year-on-year, but has climbed back above the billion mark In dollars On a positive note, ADS was able to cut operating expenses by 33%, saving money to preserve liquidity Also positive for Alliance, the company last month signed a definitive agreement to acquire the payments company digital Bread, in a deal valued at $ 450 millionReginald Smith of JPMorgan, reviewing Alliance Data Systems, writes of the company: “Management is taking aggressive action to reposition the business and early credit and payment trends are better than feared. We change the estimates slightly and remain overweight, as we believe that ADS is sufficiently reserved and the market still does not appreciate the power of profitability of the company we believe Alliance Data is positioned to take advantage of the age-old shift from traditional mass marketing to more targeted marketing programs that deliver quantifiable and measurable returns. ”In line with his overweight (jee Buy), analyst gives ADS a focus Price of $ 90 This figure suggests an impressive 70% hike in the coming year (To check out Smith’s track record, click here) Overall, ADS has a strong buy rating from analyst consensus, based on 5 buys and 1 hold The stock sells for $ 53 and $ 71 43 The average price target implies a rise of ~ 35% over the next 12 months (See ADS market analysis on TipRanks) Bloom Energy (BE) Next on the list is Boom Energy, a producer of solid oxide fuel cells for the green energy market Solid oxides are alternatives to traditional batteries and petroleum derivatives, and are used to provide energy electric bloom , like many companies operating in high technology, records a steady net loss – but the long-term trends in revenues and profits are positive The net loss improves over time, the loss of 15 cents of EPS reported in third quarter being the weakest in last two years Revenue has rebounded steadily from the first quarter and the third quarter was $ 187 9 million Shares are trading at a gain of 72% year-to-date There was mixed feelings after third quarter report, with quarterly sales declining year over year despite moderating profit loss Analysts expected sales to hit $ 225 million, but the company said $ 200 million The miss lowered the stock 13% in the last days of October This drop in the stock, however, gives investors l opportunity to step into fundamentally healthy alternative energy producer, says JPMorgan analyst Paul Coster “We are encouraged by improved margins in 3Q, which should be sustained in 4Q Customer demand remains strong and the company has had no customer cancellations or delay requests Generation 7 Server 5 remains on track pathway, and comments regarding new initiatives such as hydrogen and marine solutions were again optimistic, with the potential to significantly expand the company’s TAM over the next several years, ”wrote CosterCoster raised its target price on BE at $ 22, suggesting 68% room for improvement next year His title rating is Overweight or Buy (To view Coster’s track record, click here) Overall, with 2 reviews of buy and 2 custody notice, Bloom Energy has a moderate buy rating from analyst consensus The stock sells for $ 1312 and its average price target of $ 22 matches Coster’s (See Bloom’s stock market analysis on TipRanks ) For t find great ideas for stocks traded at attractive valuations, visit the best stocks to buy from TipRanks, a newly launched tool that brings together all the information about TipRanks stocks Disclaimer: The opinions expressed in this article are solely those of the featured analysts The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment

« It’s hard to say the country doesn’t have infrastructure issues, » says Scott Davis, CEO of Melius Research Well there is a huge need for more coronavirus testing and tracing capabilities larger and more accurate – and that will help the companies that supply them (ABT) ”(ticker: ABT) Six coronavirus tests led to a 39% increase in sales of diagnostics in the third quarter

The NFL and DirecTV had asked the judges to overturn the 2019 lower court ruling that revived the lawsuit filed on behalf of subscribers to « Sunday Ticket, » their package that allows NFL fans to watch unreleased « out of the market » matches in their local TV markets for $ 294 per season Supreme Court action means lawsuit can go ahead A series of lawsuits, filed in 2015 on behalf of subscribers of DirecTV, argued that the exclusivity agreements between the NFL and DirecTV illegally eliminated competition for live broadcasts

If you are married you will often be more successful with a joint claiming strategy for Social Security benefits As I wrote last time, it usually works best if both spouses are close in age and the one spouse has earned much more than the other during their working life Divorced and widowed spouses can receive spousal or survivor benefits (benefits based on the spouse’s lifetime earnings) with certain restrictions

Jim Rogers once again hammered home the idea that the flood of money from central banks is artificially keeping markets around the world afloat He’s been calling for a dirty sale for a while now

(Bloomberg) – Struggling US malls suffered a pair of kicks over the weekend as two large landlords followed their ever-growing list of bankrupt tenants in Chapter 11 protectionPennsylvania Real Estate Investment Trust and CBL & Associates Properties Inc filed for creditor protection on Sunday, citing pandemic-induced pressures on their tenants and, in turn, on themselves Together, the two REITs account for some 87 million square feet of real estate across the US, court documents say The pandemic has exacerbated an already dire situation for brick-and-mortar retailers, with a constant stream of victimized chains as their customers turn to online shopping JC Penney Co, J Crew Group and owner Ann Taylor are among dozens of chains that have sought court protection since Covid-19 lockdowns limited in-store purchases this yearThis is an even bigger problem for PREIT and CBL, which own less productive shopping centers than competitors such as Simon Property Group and Macerich Co, according to Lindsay Dutch, analyst at Bloomberg Intelligence. “There is too much commercial real estate in US, « said Dutch, a REIT equity analyst » Retailers continue to reduce their store footprint, and while brick and mortar is here to stay, the focus is on high quality locations »Chapter 11 filing doesn’t necessarily mean malls are closing Instead, it gives owners time to develop a plan to turn the business around and pay off creditorsChattanooga-based CBL has 107 properties in 26 states in its portfolio, including gated malls, outlets and outdoor retail centers, according to a statement from Philadelphia-based PREIT Company, owns malls in Pennsylvania, New Jersey, Virginia, Maryland and Michigan, according to its website Many of their properties are known in industry jargon as Class B malls, which generate less sales per square foot than their better-placed peers They may be located outside of major metropolitan areas or high-end areas, leaving them vulnerable as middle-class customers struggle to make ends meet, and they have been hit hard by the store pullback. Flagships like JC Penney and Sears Mall owners sought creditors’ support for restructuring plans before they filed for bankruptcy, which may have shortened their trips to bankruptcy. PREIT’s plan would, pending court approval, push back debt maturities and bring in $ 150 million in additional capital CBL’s plan would reduce debt by $ 1.5 billion and also extend some maturities Articles like this, please visit us at BloombergSubscribe now to stay ahead with the most trusted source of business news © 2020 Bloomberg LP

The diaspora of tech talent can be seen in Rocky Mountain cities, where wealth and business activity are on the rise, along with real estate prices and wage competition

The results of (PFE’s) pivotal trial on its Covid-19 vaccine are unlikely to be released before Tuesday’s election, as was once hoped Cantor Fitzgerald analyst Louise Chen sees three opportunities for the stock (ticker: PFE), which rose about 1% in pre-market trading on Monday, to $ 35.83 In its scenarios, the vaccine news could move stocks into a $ 9 range

Nio has doubled its October deliveries from a year earlier and Xpeng 229% Li Auto’s deliveries increased again Shares of China’s three electric vehicle makers surged

The U 2020S election takes place on November 3 with President Donald Trump and former VIce chairman Joe Biden fighting for the leadership position Gold Price Analysis: US Presidential Election Will Play a huge role in shaping the global economy and gold prices are expected to react as election day approaches So how important is it to the safe haven asset gold that Biden or Trump go to the White House? « There is no doubt that we will likely see increased volatility in the stock markets as Election Day approaches and investors in safe havens like gold, especially if the race between the two candidates is very close and that there is a growing risk of challenge, « writes Saida Litosh, head of precious metals analysis at RefinitivBiden or Trump Impact: If the past is any indication, a second Trump administration would mean a » turbulent and polarizing first term  » which in turn would add more volatility and uncertainty, although the potential for radical policies may be lower in the second term Congress remains divided, Refinitiv points out, however a victory at Biden would represent a return to a more conventional administration resulting in less volatility associated with political risks and international tensions“Historically movements in the price of gold following the US presidential elections suggest little evidence of a clear relationship between the price of gold and the outcome of elections on the basis of membership in a gone, ”says LitoshBryan Slusarchuk, CEO of Fosterville South Exploration, claims that for thousands of years gold has served as a hedge against uncertainty, a currency and a store of wealth Trump and Biden have pledged huge amounts of stimulus and enormous amounts of easing « Both [Trump and Biden] have strongly supported various policies that amount to quantitative easing and therefore gold should respond well no matter who is elected, » says SlusarchukBeyond the financial conditions, which will serve to propel gold higher, we must see the function of gold as a hedge against uncertainty, says SlusarchukGold on explosive rise: Slusarchuk says election may be most controversial election in US history « It can be contested, the outcome may not be certain and its legitimacy will be without no doubt questioned in some circles, regardless of which side wins, « says SlusarchukHe believes that a bitter and contested election would also potentially have many negative consequences, and would represent the very definition of uncertainty against which gold protects itself. »I think gold has explosive potential in the coming months and this is based on economic and financial conditions, but the uncertainty of the election outcome will only serve to accelerate its upward trajectory, » adds Slusarchuk. : The SPDR Gold Trust (NYSE: GLD) was up 037% to $ 179 at the time of publication on Monday, while the VanEck Vectors Gold Miners ETF (NYSE: GDX) was up 089% to $ 38.55 Benzinga * Click here for Benzinga options trades * Check out The Benson On Madison Ave With condos on sale starting at 5M (PHOTOS) * Why GameStop’s stock is trading lower today (C) 2020 Benzingacom Benzinga does not provide investment advice All rights reserved

(Bloomberg) – Four Chinese regulators, including the central bank and banking watchdog called billionaire Jack Ma and Ant Group Co., at a rare joint supervisory interview on Monday, highlighting the government’s growing control over the Company before its public debut Ant chairman Eric Jing and chief executive officer Simon Hu were also at the meeting, which included the China Securities Regulatory Commission and the State Administration of Foreign Exchange, according to a statement on Weibo. No further details were disclosed in the statement The Chinese financial services giant, which covers payments, loans, asset management and insurance, was told it would be treated as a financial holding company and subject to capital and leverage regulations similar to those of banks, according to people familiar with the matter Senior officials will be subject to closer scrutiny, they said, asking not to be identified as the talks are private The central bank, banking regulator and CSRC were unable to comment outside normal business hours « Ant Group will implement the in-depth meeting notices, » the company said in a statement It will follow guidelines including stable innovation, adoption of supervision and service to the real economy, he said.China has tightened rules and imposed capital requirements on sprawling financial operations of conglomerates such as Ant in a bid to reduce risks to its $ 49 trillion financial sector The Hangzhou-based company has been hit by a slew of new rules in recent months, including capital and licensing requirements, a cap on lending rates, and limits on its use of asset-backed securities to fund. fast consumer loansThe latest move by regulators comes days before Ant’s trading begins following the world’s largest initial public offering, which is expected to raise $ 34.5 billion.It values ​​the company at around $ 315 billion on the basis deposits, more than JPMorgan Chase & Co Sale brings Ma’s fortune to $ 71 6 billion, overtaking Walmart Inc heirs The IPO has sparked the interest of some of the world’s biggest money managers and sparks a frenzy among individual investors in China Institutional investors in Hong Kong are buying Ant shares at a 50% premium on the gray market, sources familiar with the matter said on Monday, signaling that it was on the verge of soaring when it will start trading in November In addition, the Chinese banking regulator proposed stricter rules for small online lenders on Monday evening, in particular by imposing a ceiling on the amount of loans to be offered to individual borrowers as well as on the level of indebtedness.The proposed rule could deal a blow to Ant because it requires an online lending facilitator to provide at least 30% of the financing it lends jointly with banks Ant said in its prospectus that currently around 2% of 17 trillion yuan ($ 254 billion) in loans it facilitated in June were on its balance sheet The company declined to comment Ant is the parent company of Alipay, a payments service from Alibaba Group Holding Ltd. articles like this, please visit us at BloombergSubscribe now to stay ahead with the most trusted source of business news © 2020 Bloomberg LP

Mall operators in the US have been strapped for cash amid the pandemic as people have stayed indoors and have resorted to shopping online Retailers including JC Penney Co Inc, l One of CBL’s biggest tenants, already struggling with customers abandoning traditional stores for online shopping, also resorted to bankruptcy filings CBL’s filing follows that of Pennsylvania Real Estate Investment Trust earlier Sunday, which filed a Chapter 11 petition to execute a prepackaged financial restructuring plan

Social and business disruption from the Covid-19 pandemic has hit the stock market, but Amazon is in a unique position to perform well due to changes in consumer behavior

New Jersey’s largest besieged state pension fund sold shares of Apple and Intel in the third quarter and bought shares in electric vehicle maker NIO and video conferencing company Zoom

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* This weekend’s Barron’s examines why the merging frenzy among chipmakers hasn’t impressed investors * Other featured articles deal with stock picking for any presidential outcome, the performance of health insurers after the elections and the good, bad and odd profits of big technologies * Also, the outlook for a game developer, an industrial giant, telecoms and more « Chip Firms Bulk Up, and Investors Balk » by Max A Cherney suggests that, while Advanced Micro Devices Inc (NASDAQ: AMD) Lisa Su, CEO, says, “The more scale you have, the more you can do for your customers,” for investors the situation is more complicated. Major Acquisitions by Chipmakers Mean for Their Stocks Max A « Zynga Finds Global Stage for Mobile Games » Cherney says Zynga Inc (NASDAQ: ZNGA) is eclipsed by bigger video game makers, ma is the company learns to play in a market of 2 billion people Find out how the stock is a game on smartphones and games like Words With FriendsIn « 3 Industry Stocks To Watch If The US Recovery Mimics China, » Al Root argues that China is rebounding from COVID-19, as is the United States, and there are actions that will benefit the growth of both economies What could this mean for Boeing Co (NYSE: BA) and Parker-Hannifin Corp (NYSE: PH)? Some trends just don’t depend on who occupies the White House So Says « Trump or Biden? Stocks to Buy for Any Result » by Liz Moyer Find out what that could mean for everything from Abbott Labs (NYSE: ABT ) at Newmont Corp (NYSE: NEM) In Daren Fonda’s « Managed-Care Stocks, and Anthem, Might Rise After Vote », find out why the actions of health insurers like Humana Inc (NYSE: HUM) tend to slide ahead of election, but see big gains the following year And see why Anthem Inc CEO (NYSE: ANTM) seems bullish « General Electric’s share price is on hold Here’s what it will take to get it up again ”by Al Root examines why General Electric Co (NYSE: GE) has remained in the same price bracket since early June Barron wonders if there is a secondary supply in the See also: Benzinga’s Bulls and Bears of the Week: FAANGS, Ford, Visa and more (NASDAQ: GOOGL) was the star and Twitter Inc (NYSE: TWTR) was the loser of the reporting season, according to Eric J Savitz  » The Good, Bad, and Just Plain Odd From Tech’s Earnings «  » The article also examines hiring plans at Amazoncom Inc (NASDAQ: AMZN) In « Forget AT&T’s Lofty 7 8% Yield Its Dividend Seems Sure », Lawrence C Strauss points out that while AT&T Inc (NYSE: T) can extend its series of increases dividend payouts is subject to debate among market watchers Find out why Barron’s thinks the telecoms and media company has the financial means to keep it up The ‘Overly Confident Predictions for Stocks, Elections and a Covid-19 Vaccine’ by Jack Hough postulates that the future is unknowable, but that’s no reason not to predict it to two decimal places Will AstraZeneca plc (NYSE: AZN) or Pfizer Inc (NYSE: PFE) win in the coronavirus vaccine race? Also on this week’s Barron’s: * Why is it Jerome Powell’s time, no matter who becomes president * Where bond buyers can find value among slim picks * The little tip of beating Goldman Sachs and Morgan Stanley * Why the US elections are safer than you think * How China still has an open door for Wall Street * How, despite record GDP, the recovery faces increasing difficulties * How to play the boom in the housing market in decline * Why small the hats battered by the pandemic seem poised to shine * Rising oil and stock prices with mergers * How a blue wave could lift the municipal bond market * Why Europe is putting economic hopes on a Biden presidency * What to buy in a Trump victory At the time of this writing, the author has no position in any of the stocks mentioned. latest news and trading ideas by following Benzinga on Twitter See more from Benzinga * Click here for Benzinga options trades * Benzinga Bulls and Bears of the Week: FAANGS, Ford, Visa and more * Insider Purchases Notables from last week: IBM, Intel, Raytheon and more (C) 2020 Benzingacom Benzinga does not provide investment advice All rights reserved

Wall Street struggled last week Two days before the presidential election, rising COVID-19 numbers and fading hopes for a pre-election stimulus package, stocks posted their worst week since the peak of the pandemic in March All three of the major US stock indices also reported a second consecutive monthly decline According to the pros on Wall Street, uncertainty reigns in the markets That said, some strategists indicate that the meeting of the Federal Open This month’s Market Committee, which takes place on November 4 and 5, could help reassure investors If more liquidity were provided, stocks could gain in the medium to long term, although there is no additional stimulus Moreover, the pros say the recent sale could present an opportunity to find compelling names for a more attractive entry point With that in mind, we turned to Wells Fargo’s expert stock pickers for inspiration Investment firm ranks in the top 10 of TipRanks list of research firms Top Performers Looking at three tickers backed by Wells Fargo, we used TipRanks’ database to find out why the company’s analysts see each as such an exciting opportunity. RealReal (REAL) First up, we have RealReal, which is a leader in the online authenticated luxury consignment space In the wake of a major new partnership, Wells Fargo has high hopes for this retailer October 5 , REAL announced a new partnership with Gucci, one of the most popular brands on the REAL platform Under the terms of the agreement, the two companies will develop an online platform for the sale of used Gucci products , the site also promoting a more circular economy for luxury This platform will function as a website within a website on REAL’s platform and will feature products provided primarily by third-party shippers, as well as some provided directly by Gucci.For each item sold, the company will plant a tree through One Tree Planted nonprofit Representative Wells Fargo, analyst Ike Boruchow sees several positives from the collaboration, which represents « a clear win for the bulls in the short term.He explained, « The fact that REAL is partnering with one of the world’s most prominent luxury brands should give them a lot more credibility with consumers (and the luxury industry in general). Interestingly, in an interview with Women’s Wear Daily, Gucci Brand CEO Marco Bizzarri said that the growing popularity of the resale market was very interesting to us.In addition, the deal reflects another way to acquire supply, which is essential because ‘unlocking supply is one of REAL’s main growth engines,’ Boruchow said. He further points out that even though Gucci only supplies a limited number of pieces, it will be “incremental to REAL’s offering.” If that were not enough, Boruchow argues that the partnership highlights the environmental benefits of the market. resale The analyst believes this will continue to make « the resale market more and more attractive to consumers who are increasingly aware of sustainability and environmental factors.“When it comes to business fundamentals, Boruchow believes supply has been a bigger issue than demand in 2020, especially during the COVID-19 pandemic That said, REAL has found new ways to acquire supply, which may « help unleash REAL’s long-term growth potential, » analyst says To sum up, Boruchow commented, “As a result, we believe that the gross value of commodities will continue to accelerate over the next few quarters and that the growth of long-term leads is extremely compelling.“As a result, Boruchow has stayed with the bulls In addition to an overweight rating, he sets a target price of $ 20 on the stock Investors could pocket a 59% gain if this target is met within twelve months to come (To see Boruchow’s review click here) As for the rest of the street, opinions are divided almost equally With 3 buys and 2 takes awarded in the past three months, the word on the street is that REAL is a moderate buy At $ 17.25, the mid price target implies upside potential of 37% (See RealReal price targets and analysts’ notes on TipRanks) JELD-WEN (JELD) Next we have JELD- WEN, which is one of the world’s largest window and door manufacturers Calling JELD one of the company’s « favorite real estate stocks », Wells Fargo believes big things could be in store. Writing for the firm, analyst Truman Patterson told clients q ue, based on its channel checks, Windows and Interior Doors channel inventories are meager and delivery times have been stretched to 2-3 weeks This led the analyst to conclude that « the industry manufacturers of both products are operating at or near full capacity. » It should be noted that in recent years JELD has had to contend with Windows’ production inefficiencies which « were sometimes motivated by an inability to adapt to rapid changes in demand »It shook investor confidence and led to lower valuation, analyst said. That being said, Patterson sees better days on the horizon » Despite the unexpected rebound in demand in the wake of COVID, which led JELD to ramp up production to near capacity, we believe JELD has improved its Windows manufacturing operations as contacts suggest quality control issues for the company’s products are a thing of the past We give management the benefit of the doubt going forward as the rationalization of the global footprint and YWAM initiatives start to gain traction, representing an EBITDA potential of over $ 200 million, ”explained Patterson In addition to this, he argues that improving manufacturing operations should lead to multiple expansion by itself Adding to the good news, pricing announcements for both products are strong After unprecedented price increases for interior doors earlier this year, it looks like JELD and its Masonite counterpart are determined to structurally improve pricing in the industry, in Patterson’s opinion Explaining this, the analyst said, “In addition, it appears that JELD has announced a 7% to 11% increase in window prices nationwide (3 points above normal), and the main competitors followed suit with increases of a similar magnitude Given the aforementioned industry-wide shortages for both products and the rapid rebound of New Res, we believe JELD will be able to achieve at least the traditional 40-50% of advertised prices in its product portfolio.So, Patterson sees JELD hitting the 2021 North America price in the 5% 4 range, and after some SG&A inflation / post-COVID investment, he expects EBITDA margin expansion of 200 at 300 basis points “We don’t think the above is fully appreciated by the Street, as JELD is just one of three stocks in our coverage of 20 HB / BP companies which has been stable or declining since beginning of the year ”, he noted To top it off, there was only one manufacturing glitch, due to an unexpectedly poorly timed product line reset from a large visitor center. “Given the robust demand environment that is likely to depress inventory levels in reception centers (HD / LOW’s SSS up 20% to 30%), we believe that HCs will ensure that they do not not disrupt their supply chain and should be more receptive to price increases, ”said Patterson So it’s no surprise that Patterson left an overweight rating and a target price of $ 32 on the stock To that end, upside potential lands at 52% (To see Patterson’s track record, click here) Other analysts are more cautious about JELD A consensus Hold rating breaks down into 3 buy, 6 take and 1 sell With an average price target of $ 24 35, upside potential is 16% (See JELD-WEN’s stock market analysis on TipRanks) Associated Banc-Corp (ASB) Associated Banc-Corp takes its place as the largest bank based in Wisconsin, with a total branch network of more than 200 locations serving more than 100 communities, primarily in its three-footprint of the state of Wisconsin, Illinois and Minnesota Although the company has faced some challenges, Wells Fargo believes it has taken steps in the right direction Firm analyst Jared Shaw tells clients that while third quarter results have been mixed, he has high hopes for the banking player A higher provision charge than expected fueled EPS of $ 24.0.01 ahead of consensus estimate As for NIM, management believes the 2’s figure of 31% marks a low, and that margin should improve from here Credit was more mixed, as NCOs went from 44 basis points to 49 basis points due to oil and gas (reserved at 15 3% rate), and NPAs increased 24 basis points through migration of two shopping center-focused REITs However, « deferrals were a bright spot, » with total deferrals falling from 69% of peak levels to 21% of lending, compared to its peers which on average have declined. 72% and 28% of deferred loans « So far, consumer loans that have seen their deferrals expire have had a cure rate of 97%, which gives us some optimism about the remaining balances, » he said. said Shaw Additionally, the ALLL ratio increased 8 basis points quarter over quarter to 160% ex-PPP. “We expect little further development from here as we see the zones most at risk properly booked and encouraged by deferral trends, ”Shaw commented To add to the good news, ASB was the first Shaw cover bank to highlight cost reduction initiatives resulting from COVID-related shutdowns These initiatives appear to be paying off, as spending targets announced last month Fourth-quarter spending is expected to be $ 175 million and 2021 spending to $ 685 million, compared to $ 712 million of estimated base spending in 2020 if the figure of $ 685 million was reached , it would mark the lowest annual spending level since 2014 « With favorable winds in spending initiatives, the NIM likely improving, stocks trading at just 87% of the current TBV, and a 51% divvy, » Shaw sees big things in store for ASB In keeping with his bullish approach, Shaw sits with the bulls, reiterating an overweight rating and a price target of $ 18. it’s his confidence in ASB’s ability to climb 31% higher next year (To see Shaw’s track record, click here) Looking at the consensus breakdown, 1 buy and 3 holds were issued in the three months As a result, ASB gets a moderate buy consensus rating Based on the $ 15 average price target of 67, stocks could climb 14% next year (See price targets and analysts’ notes from ‘Associated Banc-Corp on TipRanks) Disclaimer: The opinions expressed in this article are solely those of the featured analysts The content is intended to be used for informational purposes only It is very important that you do your own analysis before doing anything investment

Amazoncom Inc AMZN had record third quarter sales, but the e-commerce giant also saw shipping costs jump 57% year-over-year, reaching $ 1506 billion for the period

Novavax has announced agreements to expand its headquarters in Maryland, both immediately and in the future, as the company works on its stock Covid-19 and Rose flu vaccine candidates

Forecasts, New York Stock Exchange, Stock, Income

World News – UA – Results: Leaf Group Ltd Expectations Exceeded and Consensus Updated Estimates
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