Analysts are weighing in on how Joy Global Inc. (NYSE:JOY), might perform in the near term. Wall Street analysts have a much less favorable assessment of the stock, with a mean rating of 2.7. The stock is rated as buy by 4 analysts, with 3 outperform and 12 hold rating. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for strong sell.

For the current quarter, the 19.00 analysts offering adjusted EPS forecast have a consensus estimate of $0.12 a share, which would compare with $0.54 in the same quarter last year. They have a high estimate of $0.21 and a low estimate of $0.06. Revenue for the period is expected to total nearly $608.01M from $792.18M the year-ago period.

For the full year, 19.00 Wall Street analysts forecast this company would deliver earnings of 0.15 per share, with a high estimate of $0.22 and a low estimate of $0.09. It had reported earnings per share of $1.95 in the corresponding quarter of the previous year. Revenue for the period is expected to total nearly $2.42B versus 3.17B in the preceding year.

The analysts project the company to maintain annual growth of around -29.45% percent over the next five years as compared to an average growth rate of 10.57% percent expected for its competitors in the same industry.

Among the 17 analysts Data provided by Thomson/First Call tracks, the 12-month average price target for JOY is $20.18 but some analysts are projecting the price to go as high as $30.00. If the optimistic analysts are correct, that represents a 36 percent upside potential from the recent closing price of $22.08. Some sell-side analysts, particularly the bearish ones, have called for $10.00 price targets on shares of Joy Global Inc. (NYSE:JOY).

In the last reported results, the company reported earnings of $0.54 per share, while analysts were calling for share earnings of $0.61. It was an earnings surprise of -11.50%percent. In the matter of earnings surprises, the term Cockroach Effect is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Joy Global Inc. manufactures and services mining equipment for extraction of coal, copper, iron ore, oil sands, gold, and other minerals and ores worldwide. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. The Underground Mining Machinery segment produces armored face conveyors, battery haulers, continuous chain haulage systems, continuous miners, conveyor systems, feeder breakers, flexible conveyor trains, hard rock mining products, high angle conveyors, longwall shearers, powered roof supports, road headers, roof bolters, and shuttle cars. This segment also provides equipment assemblies, service, repairs, rebuilds, parts, consumables, enhancement kits, and training. The Surface Mining Equipment segment produces blasthole drills, conveyor systems, electric mining shovels, hybrid excavators, feeder breakers, high angle conveyors, walking draglines, and wheel loaders. This segment also provides equipment assemblies, relocations, inspections, service, repairs, rebuilds, upgrades, used equipment, parts, consumables, enhancement kits, and training. Joy Global Inc. also offers life cycle management support services and project management services, as well as smart services, including equipment monitoring, predictive diagnostics, service training support, and parts management for underground and surface applications. The company sells its products and services directly to mining companies through a network of sales and marketing personnel. Joy Global Inc. was founded in 1884 and is headquartered in Milwaukee, Wisconsin.

SVB Financial Group (NASDAQ:SIVB) reported earnings for the three months ended Mar2016 on April 21, 2016. The company earned $1.52 per share on revenue of $367.55M. Analysts had been modeling earning per share of $1.7 with $381.4M in revenue.

SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. Its Global Commercial Bank segment offers deposit products, such as business and analysis checking accounts, money market accounts, and multi-currency and sweep accounts, as well as lockbox, electronic deposit capture, and merchant services; credit products and services, including term loans, equipment loans, asset-based loans, revolving lines of credit, accounts-receivable-based lines of credit, capital call lines of credit, and credit cards; and payment and cash management products and services comprising wire transfer and automated clearing house payment, bill pay, account analysis, and disbursement, as well as online and mobile banking services. This segment also provides foreign exchange services; various loan and credit facilities; letters of credit, including export, import, and standby letters of credit; investment services and solutions; investment advisory services; third party money market mutual funds and fixed-income securities; vineyard development loans and community development loans to clients in the wine industry; and equity valuation services to companies and venture capital/private equity firms, as well as invests in debt funds. The company’s SVB Private Bank segment offers private banking services, including mortgages, home equity lines of credit, restricted stock purchase loans, capital call lines of credit, and other secured and unsecured lending services. Its SVB Capital segment provides venture capital investment services that manage funds on behalf of third party limited partners. The company also offers asset and private wealth management, brokerage, private equity investment, and business valuation services. It operates through 29 offices in the United States; and offices in China, Hong Kong, India, Israel, and the United Kingdom. The company was founded in 1982 and is headquartered in Santa Clara, California.

SVB Financial Group earnings per share showed an increasing trend of 24.7% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 827%.Analysts project EPS growth over the next 5 years at 10.29%. It has EPS annual growth over the past 5 fiscal years of 24.3% when sales grew 17.8. It reported 17.2% sales growth, and -11.2% EPS decline in the last quarter.

The stock is trading at $110.2, up 41.52% from 52-week low of $77.87. The stock trades down -27.97% from its peak of $152.99 and 19.6% above the consensus price target of $131.8. Its volume clocked up at 0.84 million shares which is higher than the average volume of 0.67 million shares. Its market capitalization currently stands at $5.63B.

athenahealth, Inc (NASDAQ:ATHN) insider has recently participated in insider trading activity. SVP, Chief Product Officer, Armbrester Bradford Kyle sold 1,657 shares for $ 210,620           via one transaction Feb 16. Another notable insider trading was done by Park Ed on Feb 03, who is the EVP and COO. The insider acquired 1,500 shares at an average price of $140.61. Moreover, an insider selling of 4.15 shares was carried out by Matus Kristi Ann, EVP and CFAO, on Feb 01. Following the transaction, the insider now owns 33,772 shares in total. CEO and President Bush Jonathan sold 4,000 shares for $140.14 through one transaction Feb 01. Following this sale, this insider’s stake in the company comprises 308,109 shares, priced at $38941896.51 as of Thursday.

The stock has experienced a total of 14 insider trades in the past three months. These trades include 14 sell activities and 0 buy trades. Furthermore, over the past 12 months, the stock was traded 77 times by insiders. In 72 of these trades, the insider was a seller while an employee of the company was the buyer in just 5 instances.

On February 16, 2016, athenahealth, Inc (ATHN) a leading provider of network-enabled services and mobile applications for health care providers nationwide, announced athenahealth senior management will present a corporate overview and an update on the company’s service offerings at two upcoming investor conferences.

Morgan Stanley Technology, Media and Telecom Conference will present on Thursday, March 3, 2016 on 11:05 AM – PST.

Raymond James & Associates’ 37th Annual Institutional Investors Conference will announce on Tuesday, March 8, 2016 on 4:00 PM – EST.

athenahealth, Inc., together with its subsidiaries, provides cloud-based services and mobile applications for medical groups and health systems. The company provides services through athenaNet, a cloud-based platform. Its services include athenaCollector, a cloud-based revenue cycle management and practice management service; athenaClinicals for electronic health record management; athenaCommunicator, a cloud-based patient engagement and communication service; athenaCoordinator for order transmission; and athenaCoordinator Enterprise for care coordination, patient access, and order transmission service. The company also provides athenaCommunicator Enterprise, a cloud-based population health management service to execute, track, and coordinate care across a provider’s network; and Epocrates service that include clinical information and decision support services in the areas of drug and disease information, medical calculator and tools, clinical guidelines, clinical messaging, market research, and formulary hosting. In addition, it offers client support, account performance monitoring, relationship management, and real-time performance monitoring services.

 

The shares of Harmony Gold Mining Co. (ADR) (NYSE:HMY)currently has mean rating of 2.7 while 1 analyst have recommended the shares as ‘BUY’ ,0 recommended as ‘OUTPERFORM’ and 2 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Harmony Gold Mining Co. (ADR) (NYSE:HMY)is at $3.62 while the highest price target suggested by the analysts is $3.89 and low price target is $3.23. The mean price target is calculated keeping in view the consensus of 3 brokerage firms.

The company’s mean estimate for sales for the current quarter ending 0-00-31 is 1.30B by 2 analysts. The means estimate of sales for the year ending Jun 16 is 1.30B by 2 analysts.

In its latest quarter ended on 31 Mar 2014 , Harmony Gold Mining Co. (ADR) (NYSE:HMY)reported earnings of $0.01. The posted earnings missed the analyst’s consensus by $-0.06 with the surprise factor of -85.70%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Harmony Gold Mining Co. (ADR) (NYSE:HMY) traded up +1.07% during trading on Friday, hitting $3.81 . The stock had a trading volume of 4.1 M shares. The firm has a 50 day moving average of $3.33 and a 200-day moving average of $2.56. The stock has a market cap of $1.65B. On Mar 17, 2016 the shares registered one year high at $4.19 and the one year low was seen on Nov 20, 2015.

Harmony Gold Mining Company Limited engages in the exploration and mining of gold in South Africa and Papua New Guinea. The company also explores for copper, silver, uranium, and molybdenum deposits. It has nine underground operations located on the Witwatersrand Basin; an open-pit mine exploiting the Kraaipan Greenstone Belt; and various other surface operations in South Africa. The company also owns a 50% interest in the Hidden Valley, an open-pit gold and silver mine; the Wafi-Golpu project; and exploration tenements in Papua New Guinea. Harmony Gold Mining Company Limited was incorporated in 1950 and is based in Randfontein, South Africa.

Intuitive Surgical, Inc. (NASDAQ:ISRG) reported earnings for the three months ended Mar2016 on April 19, 2016. The company earned $4.42 per share on revenue of $594.5M. Analysts had been modeling earning per share of $4.33 with $591.93M in revenue.

Intuitive Surgical, Inc. (ISRG) on April 19, 2016 announced financial results for the quarter ended March 31, 2016.

Q1 Highlights

• Worldwide da Vinci procedures grew nearly 17% compared with the first quarter of 2015, driven primarily by growth in U.S. general surgery procedures and worldwide urologic procedures.


• The Company shipped 110 da Vinci Surgical Systems, compared with 99 in the first quarter of 2015.


• First quarter 2016 revenue of $595 million grew approximately 12% compared with $532 million for the first quarter of 2015.


• First quarter 2016 non-GAAP net income was $170 million, or $4.42 per diluted share, compared with $135 million, or $3.57 per diluted share, for the first quarter of 2015.


• In March 2016, the Company received FDA 510(k) clearances in the U.S. for Single-Site instruments and the 30mm EndoWrist stapler products for the da Vinci Xi Surgical System.

Q1 Financial Summary

Gross profits, income from operations, net income, and net income per share are reported on a GAAP and non-GAAP basis. The non-GAAP measures are described below and are reconciled to the corresponding GAAP measures at the end of this release.

First quarter 2016 revenue was $595 million, an increase of approximately 12% compared with $532 million in the first quarter of 2015. Higher first quarter revenue was driven by growth in recurring instrument, accessory, and service revenue, and higher systems revenue.

First quarter 2016 instrument and accessory revenue increased by approximately 16% to $322 million, compared with $277 million for the first quarter of 2015, primarily driven by nearly 17% growth in da Vinci procedure volume. First quarter 2016 service revenue increased by approximately 9% to $125 million, compared with $114 million for the first quarter of 2015.

First quarter 2016 systems revenue increased by approximately 5% to $148 million, compared with $141 million for the first quarter of 2015. Intuitive Surgical shipped 110 da Vinci Surgical Systems in the first quarter of 2016, compared with 99 in the first quarter of 2015. A total of 19 of the first quarter 2016 da Vinci Surgical Systems were shipped under operating lease arrangements, compared with 9 during the first quarter of 2015.

Intuitive Surgical, Inc. earnings per share showed an increasing trend of 39.9% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 2325%.Analysts project EPS growth over the next 5 years at 13.73%. It has EPS annual growth over the past 5 fiscal years of 10.4% when sales grew 11. It reported 11.7% sales growth, and 37.7% EPS growth in the last quarter.

The stock is trading at $634.71, up 41.99% from 52-week low of $447. The stock trades down -3.08% from its peak of $654.88 and 6.55% above the consensus price target of $676.29. Its volume clocked up at 0.62 million shares which is higher than the average volume of 0.35 million shares. Its market capitalization currently stands at $24.23B.

The shares of American Water Works Company, Inc. (NYSE:AWK) currently has mean rating of 2.33 while 2 analysts have recommended the shares as “BUY”, 6 recommended as “OUTPERFORM” and 7 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 831.31M by 9 analysts. The means estimate of sales for the year ending Dec-16 is 3.34B by 13 analysts.

The mean price target for the shares of American Water Works Company, Inc. (AWK) is at 70.46 while the highest price target suggested by the analysts is 80.00 and low price target is 62.00. The mean price target is calculated keeping in view the consensus of 13 brokerage firms.

The average estimate of EPS for the current fiscal quarter for American Water Works Company, Inc. (AWK) stands at 0.73 while the EPS for the current year is fixed at 2.82 by 16 analysts.

The next one year’s EPS estimate is set at 3.04 by 14 analysts while a year ago the analysts suggested the company’s EPS at 2.82. The analysts also projected the company’s long-term growth at 7.59% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, American Water Works Company, Inc. (AWK) reported earnings of $0.46. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 9, 2016 California American Water announced three students across Southern California have been selected to receive Stream of Learning Scholarships, totaling $6,000. This is the first year California American Water has offered this program, which supports outstanding students within its service areas who are charting a course of study critical to the water and wastewater industry. California American Water, a subsidiary of American Water Works Company, Inc. (AWK).

California American Water is proud to award each of the following students a $2,000 scholarship:

• Jessica Han, who plans to attend Massachusetts Institute of Technology to study engineering.


• Natalie Ruckstuhl, who will attend the University of California at Davis and will focus on environmental science and management.


• Sarah Scott, who plans to attend the University of California at Davis and major in ecological management and restoration.

Microsemi Corporation (NASDAQ:MSCC) insider has recently participated in insider trading activity. Director, MASSENGILL MATTHEW E sold 2,468 shares for $73,108 via one transaction Feb 11. Following the transaction, the insider now owns 2,252 shares in total, priced at $73,054.88 as of Tuesday. Another notable insider trading was done by the same insider on Feb 10. BENDUSH WILLIAM sold 5,000 shares at an average price of $30.55 for a total of $152,726. Moreover, LEIBEL DENNIS R carried out a sale of 5,000 shares at $31.25 each on Feb 10. The transaction amounted to $14,797. Lead Independent Director LEIBEL DENNIS R sold 5,000 shares for $156,250 through one transaction Feb 05. Following this sale, this insider’s stake in the company comprises 10,077 shares, priced at $326,897.88 as of Tuesday.

The stock has experienced a total of 16 insider trades in the past three months. These trades include 10 sell activities and 6 buy trades. Furthermore, over the past 12 months, the stock was traded 125 times by insiders. In 114 of these trades, the insider was a seller while an employee of the company was the buyer in just 11 instances.

Microsemi Corporation (MSCC) on Feb. 9, 2016 announced the availability of its PDS-104GO outdoor Power-over-Ethernet (PoE) switch, expanding the company’s industry-leading PoE product offering to enable the connection of four powered devices to a network. The switch delivers 60 watts (W) of power per device over standard Ethernet cabling to outdoor devices such as wireless local-area network access points (WLAN), Internet protocol (IP) cameras, point-to-point microwave radio and small cells—and is ideal for outdoor deployments in several industries including education, transportation, and government. Microsemi will be showcasing the device in Europe at the Cisco Live event in Berlin Feb.18 and in the U.S. at ISC West in Las Vegas April 5-8.

“We are pleased to offer Microsemi’s first 4+1 port PoE switch with a small form-factor pluggable (SFP) uplink, providing customers with greater flexibility, longer networks, plug-and-play installation and the needed outdoor functionality including extended temperature range , IP 66 and integrated surge protection,” said Sani Ronen, director of product management for Microsemi’s PoE systems. “As a leader in Pow technology, the PDS-104GO demonstrates our continued commitment to innovation by offering a compelling and highly integrated solution for IP-based outdoor installations that brings new capabilities to the market.”

 

FedEx Corporation (NYSE:FDX) reported earnings for the three months ended Feb2016 on March 16, 2016. The company earned $2.51 per share on revenue of $12.65B. Analysts had been modeling earning per share of $2.34 with $12.38B in revenue.

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company’s FedEx Express segment provides various shipping services for the delivery of packages and freight; international trade services specializing in customs brokerage, and ocean and air freight forwarding services; international trade advisory services, such as assistance with the customs-trade partnership against terrorism program; and customs clearance services, as well as global trade data, an information tool that allows customers to track and manage imports. This segment also publishes customs duty and tax information in various customs areas; and offers supply chain solutions, including critical inventory logistics, transportation management, and temperature-controlled transportation services. Its FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services; and consolidates and delivers high volumes of low-weight and less time-sensitive business-to-consumer packages. The company’s FedEx Freight segment offers less-than-truckload freight services, as well as freight-shipping services. As of May 31, 2015, this segment operated approximately 65,000 vehicles and trailers from a network of approximately 370 service centers. Its FedEx Services segment provides sales, marketing, information technology, communications, customer service, and other back-office support services; Web-enabled mobile devices, which allows customers to track the status of packages, create shipping labels, get account-specific rate quotes, and access drop-off location information; access to copying and digital printing through retail and Web-based platforms, signs and graphics, professional finishing, computer rentals, and a range of ground shipping and time-definite express shipping services; and packing services, and packing supplies and boxes. The company was founded in 1971 and is based in Memphis, Tennessee.

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FedEx Corporation earnings per share showed a decreasing trend of -51.2% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 1228%.Analysts project EPS growth over the next 5 years at 13.21%. It has EPS annual decline over the past 5 fiscal years of -0.6% when sales grew 6.4. It reported 8% sales growth, and -16% EPS decline in the last quarter.

The stock is trading at $164.47, up 37.63% from 52-week low of $119.71. The stock trades down -10.61% from its peak of $185.19 and 8.46% above the consensus price target of $178.39. Its volume clocked up at 0.92 million shares which is lower than the average volume of 1.57 million shares. Its market capitalization currently stands at $44.15B.

Mallinckrodt PLC (NYSE:MNK) insider has recently participated in insider trading activity. Sr.VP, Investor Strategy & IRO, Lannum Coleman N III bought 700 shares for $43,785 via one transaction Feb 10. Following the transaction, the insider now owns 1,600 shares in total, priced at $99744 as of Friday. Another notable insider trading was done by the same insider on Feb 10. Lannum Coleman N III acquired 600 shares at an average price of $62.61 for a total of $37,566. Moreover, this insider carried out a sale of 800 shares at $66.37 each on Feb 08. The transaction amounted to $53,096. Sr. VP & CFO Harbaugh Matthew K bought 1,300 shares for $81,900 through one transaction Feb 09. Following this sale, this insider’s stake in the company comprises 55,383 shares, priced at $3452576.22 as of Friday.

The stock has experienced a total of 49 insider trades in the past three months. These trades include 16 sell activities and 33 buy trades. Furthermore, over the past 12 months, the stock was traded 94 times by insiders. In 32 of these trades, the insider was a seller while an employee of the company was the buyer in just 62 instances.

Mallinckrodt PLC (MNK) on February 2, 2016 announced that it reported results for the first quarter of fiscal 2016. Amounts reported reflect presentation of the company’s former contrast media and delivery systems (CMDS) business as a discontinued operation. Unless otherwise noted, all comparisons of first quarter fiscal 2016 performance are to the first quarter of fiscal 2015.

Total company net sales were $914.8 million in the first quarter of fiscal 2016, up 20.3% on an operational basis from $768.2 million. Exceptional Specialty Brands segment performance, up 45.4%, was the primary growth contributor driven by solid organic growth in H.P. Acthar Gel and the inclusion of INOMAX for inhalation and Therakos immunotherapy. Specialty Brands results were offset by decreased net sales within the Specialty Generics segment. The impact of foreign currency also lowered reported net sales by $9.2 million.

“The first quarter of fiscal 2016 was a strong one for Mallinckrodt, building on fourth quarter fiscal 2015 momentum, and driven by commercial execution across our Specialty Brands portfolio, particularly for Acthar and INOMAX,” said Mark Trudeau, President and Chief Executive Officer. “We are also pleased with the volume performance of OFIRMEV® (acetaminophen) injection and Therakos. The Specialty Brands segment now contributes nearly 60% of our total net sales.

“We continue to advance the Acquire to invest growth strategy highlighted at our December Investor Briefing,” Trudeau continued. “Our increased R&D investment in the quarter resulted in initiation of three company-sponsored clinical trials and significant additional data generation activities for our Specialty Brands, particularly Acthar. Finally, we are very pleased with the acquisition of three commercial-stage hemostasis products, which adds depth and breadth to our hospital portfolio.”

 

Analysts are weighing in on how BB&T Corporation (NYSE:BBT), might perform in the near term. Wall Street analysts have a much less favorable assessment of the stock, with a mean rating of 2.3. The stock is rated as buy by 10 analysts, with 8 outperform and 13 hold rating. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for strong sell.

For the current quarter, the 26.00 analysts offering adjusted EPS forecast have a consensus estimate of $0.67 a share, which would compare with $0.62 in the same quarter last year. They have a high estimate of $0.72 and a low estimate of $0.62. Revenue for the period is expected to total nearly $2.73B from $2.37B the year-ago period.

For the full year, 28.00 Wall Street analysts forecast this company would deliver earnings of 2.79 per share, with a high estimate of $2.97 and a low estimate of $2.62. It had reported earnings per share of $2.59 in the corresponding quarter of the previous year. Revenue for the period is expected to total nearly $10.83B versus 9.76B in the preceding year.

The analysts project the company to maintain annual growth of around 6.86% percent over the next five years as compared to an average growth rate of 8.18% percent expected for its competitors in the same industry.

Among the 28 analysts Data provided by Thomson/First Call tracks, the 12-month average price target for BBT is $38.60 but some analysts are projecting the price to go as high as $47.00. If the optimistic analysts are correct, that represents a 30 percent upside potential from the recent closing price of $36.18. Some sell-side analysts, particularly the bearish ones, have called for $34.00 price targets on shares of BB&T Corporation (NYSE:BBT).

In the last reported results, the company reported earnings of $0.62 per share, while analysts were calling for share earnings of $0.69. It was an earnings surprise of -10.10%percent. In the matter of earnings surprises, the term Cockroach Effect is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The companys deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Owens-Illinois Inc (NYSE:OI) insider has recently participated in insider trading activity. Director, HELLMAN PETER S bought 5,000 shares for $66,190 via one transaction Feb 11. Another notable insider trading was done by Lopez Andres Alberto on Nov 03, who is the Chief Operating Officer of the company. The insider sold 205 shares at an average price of $21.92. Moreover, an insider buying of 3,000 shares was carried out by MCMACKIN JOHN J JR, Directorat the company, on Sep 11. Following the transaction, the insider now owns 47,323 shares in total. President of O-I North America, Galindo Sergio B.O. sold 5,236 shares for $125,990 through one transaction Jun 15. Following this sale, this insider’s stake in the company comprises 20,657 shares, priced at $269367.28 as of Friday.

The stock has experienced a total of 2 insider trades in the past three months. These trades include Zero sell activities and 2 buy trades. Furthermore, over the past 12 months, the stock was traded 31 times by insiders. In 10 of these trades, the insider was a seller while an employee of the company was the buyer in twenty one instances.

Owens-Illinois Inc (OI) on February 8, 2016 reported financial results for the full year and fourth quarter ending December 31, 2015. Net sales in the fourth quarter of 2015 were $1.6 billion, up $23 million from the prior year fourth quarter. For net sales of reportable segments, the stronger U.S. dollar led to unfavorable currency translation of approximately $200 million in net sales, or about a 13 percent decline. Price was essentially flat on a global basis, with higher prices in Latin America largely offset by lower prices in the other regions. The acquired business contributed $197 million in net sales.

Segment operating profit was $186 million in the fourth quarter, $6 million higher than prior year. On a constant currency basis, segment operating profit was up $40 million. The acquired business contributed $32 million of segment operating profit.  Excluding the acquired business, improved segment operating profit in North America and Asia Pacific were mostly offset by lower operating profit in Europe and the Latin America legacy business.

In the fourth quarter, the Company conducted its annual comprehensive legal review of asbestos-related liabilities. Based on this review, the Company has determined that it was able to reasonably estimate probable losses for asbestos claims not yet asserted against the Company for a period of four years versus the previous three year estimate. Therefore, the Company`s charge for 2015 is for a period one year longer than the accrual period determined as reasonably estimable in the annual comprehensive legal reviews conducted since 2003.

The shares of NetSuite Inc (NYSE:N) currently has mean rating of 2.62 while 4 analysts have recommended the shares as “BUY”, 7 recommended as “OUTPERFORM” and 10 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending June-16 is 230.54 million by 23 analysts. The means estimate of sales for the year ending Dec-16 is 966.76 million by 26 analysts.

The mean price target for the shares of NetSuite Inc (NYSE:N) is at 86.18 while the highest price target suggested by the analysts is 130.00 and low price target is 60.00. The mean price target is calculated keeping in view the consensus of 22 brokerage firms.

The average estimate of EPS for the current fiscal quarter for NetSuite Inc (NYSE:N) stands at 0.03 while the EPS for the current year is fixed at 0.46 by 24 analysts.

The next one year’s EPS estimate is set at 0.72 by 24 analysts while a year ago the analysts suggested the company’s EPS at 0.46. The analysts also projected the company’s long-term growth at 44.45% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, NetSuite Inc (NYSE:N) reported earnings of $0.11. The posted earnings topped the analyst’s consensus by $0.08 with the surprise factor of 266.70%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

NetSuite Inc. provides cloud-based financials/enterprise resource planning (ERP) and omnichannel commerce software suites in the United States and internationally. Its business management application suite includes NetSuite, a platform for financials/ERP, customer relationship management (CRM), professional services automation (PSA), and e-commerce capabilities that automates processes across departments; and NetSuite OneWorld to manage various companies or legal entities, with different currencies, taxation rules, and reporting requirements. The company also provides NetSuite CRM+ that provides sales force automation, marketing automation, customer support, and service management functionality; NetSuite OpenAir PSA, a PSA solution, which is used by professional services organizations, and provides a view into the services organization’s performance and profitability with dashboards and reports; and SuiteCommerce solution for retail and business-to-business businesses. In addition, it offers Bronto Marketing Platform, a commerce marketing automation platform; NetSuite InStore POS, a point-of-sale solution for retail businesses; LightCMS, a Web-based software platform; add-on modules; NetSuite industry editions; and SuiteCloud Platform that allows customers, partners, and developers to meet specific company, vertical, and industry requirements for personalization, business processes, and best practices. The company sells its products directly through professionals to medium-sized businesses and divisions of enterprises; and indirectly through its relationships with channel partners. It serves various industries, including wholesale/distribution; professional, consulting, and other services; computer software; e-commerce and retail; manufacturing; computer and IT services; telecommunications services; financial services; healthcare services; and education. NetSuite Inc. was founded in 1998 and is headquartered in San Mateo, California.

Analysts are weighing in on how Apple Inc. (NASDAQ:AAPL), might perform in the near term. Wall Street analysts have a much less favorable assessment of the stock, with a mean rating of 2.3. The stock is rated as buy by 6 analysts, with 4 outperform and 11 hold rating. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for strong sell.

For the current quarter, the 9.00 analysts offering adjusted EPS forecast have a consensus estimate of $0.74 a share, which would compare with $0.73 in the same quarter last year. They have a high estimate of $0.89 and a low estimate of $0.68. Revenue for the period is expected to total nearly $3.01B from $2.75B the year-ago period.

For the full year, 18.00 Wall Street analysts forecast this company would deliver earnings of 3.80 per share, with a high estimate of $3.86 and a low estimate of $3.75. It had reported earnings per share of $3.44 in the corresponding quarter of the previous year. Revenue for the period is expected to total nearly $12.78B versus 11.73B in the preceding year.

The analysts project the company to maintain annual growth of around 5.89% percent over the next five years as compared to an average growth rate of 6.71% percent expected for its competitors in the same industry.

Among the 16 analysts Data provided by Thomson/First Call tracks, the 12-month average price target for D is $77.69 but some analysts are projecting the price to go as high as $85.00. If the optimistic analysts are correct, that represents a 15 percent upside potential from the recent closing price of $73.74. Some sell-side analysts, particularly the bearish ones, have called for $72.00 price targets on shares of Apple Inc. (NASDAQ:AAPL).

In the last reported results, the company reported earnings of $0.73 per share, while analysts were calling for share earnings of $0.72. It was an earnings surprise of 1.40%percent. In the matter of earnings surprises, the term Cockroach Effect is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Generation segment is involved in electricity generation through coal, nuclear, gas, oil, hydro, and renewable sources; and related energy supply operations. It also comprises generation operations of the companys merchant fleet and energy marketing, and price risk management activities for its assets. The Dominion Energy segment engages in regulated natural gas distribution operations, gas transmission pipeline and storage operations, natural gas gathering and processing activities, and liquefied natural gas operations. As of December 31, 2015, the companys portfolio of assets included approximately 24,300 megawatts of generating capacity; 6,500 miles of electric transmission lines; 57,300 miles of electric distribution lines; 12,200 miles of natural gas transmission, gathering, and storage pipelines; and 22,000 miles of gas distribution pipelines. It served approximately 5 million utility and retail energy customers in 14 states; and operated underground natural gas storage systems with approximately 933 billion cubic feet of storage capacity. In addition, the company sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. Dominion Resources, Inc. was founded in 1909 and is headquartered in Richmond, Virginia.

The shares of Approach Resources Inc. (NASDAQ:AREX) currently has mean rating of 3.00 while Zero analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 8 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun-16 is 21.70 million by 13 analysts. The means estimate of sales for the year ending Dec-16 is 87.65 million by 12 analysts.

The mean price target for the shares of Approach Resources Inc. (NASDAQ:AREX) is at 2.41 while the highest price target suggested by the analysts is 3.00 and low price target is 1.50. The mean price target is calculated keeping in view the consensus of 8 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Approach Resources Inc. (NASDAQ:AREX) stands at -0.29 while the EPS for the current year is fixed at -1.13 by 14 analysts.

The next one year’s EPS estimate is set at -0.84 by 14 analysts while a year ago the analysts suggested the company’s EPS at -1.13. The analysts also projected the company’s long-term growth at 5.00% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, Approach Resources Inc. (NASDAQ:AREX) reported earnings of -$0.32. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 7, 2016 Approach Resources Inc. (AREX) will host The Oil & Gas Conference® 21 on August 14-18, 2016, in Denver at the Westin Denver Downtown. Investment and oil and gas professionals can register for the event through the conference website.

Conference Details: The Oil & Gas Conference® 21 offers investment professionals the opportunity to listen to senior management teams present operational and financial strategies. The event provides industry professionals a venue to learn about important energy topics effecting the global oil and gas industry. And, the forum fosters healthy dialogue and informal networking opportunities for attendees.

Public and Private Company Speakers: The 2016 edition of EnerCom’s The Oil & Gas Conference® will feature public and private oil and gas companies with operations spanning more than 40 countries and six continents. A work-in-progress list of the 2016 presenting companies can be found on the conference website.

Additional Speakers: Global economists, market strategists, government officials and engineering experts will provide their insights on topics such as the Chinese and Russian economies, the next stage in shale technologies, and in-depth analysis of commodity prices.

Who Attends the Conference: More than 2,000 institutional and hedge fund investors, energy research analysts, retail brokers, trust officers, high net worth investors, investment bankers and energy industry professionals gather in Denver for the conference.

One-on-One Meetings:  EnerCom works in advance with presenting company management teams to arrange one-on-one meetings with the attending institutional investors and research analysts at the conference venue. In 2015, EnerCom managed more than 3,000 one-on-one meeting requests.

History and Sponsors: EnerCom, Inc. founded The Oil & Gas Conference® in 1996. It is the oldest and largest energy investment conference in Denver. Global sponsors of EnerCom’s Conferences are Credit Agricole Corporate & Investment Bank; Netherland, Sewell & Associates; Preng & Associates; Hein & Associates LLP; and PLS. Sponsors of The Oil & Gas Conference® 21 are: GMP Securities; Wells Fargo & Co.; CIBC; Stephens Inc.; Repsol; Haynes and Boone; Wunderlich Securities; Fifth Third Bank; DNB Bank ASA; Bank of America Merrill Lynch; Mutual of Omaha Bank; Petrie Partners; PNC Bank; Scotia Howard Weil; and Royal Dutch Shell plc.

The shares of Johnson Controls Inc (NYSE:JCI)currently has mean rating of 2.2 while 4 analyst have recommended the shares as ‘BUY’ ,5 recommended as ‘OUTPERFORM’ and 9 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Johnson Controls Inc (NYSE:JCI)is at $48.57 while the highest price target suggested by the analysts is $54.00 and low price target is $41.00. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 9.62B by 15 analysts. The means estimate of sales for the year ending Sep 16 is 37.30B by 17 analysts.

The average estimate of EPS for the current fiscal quarter for Johnson Controls Inc (NYSE:JCI)stands at $1.03 while the EPS for the current year is fixed at $3.91 by 16.00 analysts

In its latest quarter ended on 31 Mar 2016 , Johnson Controls Inc (NYSE:JCI)reported earnings of $0.86. The posted earnings topped the analyst’s consensus by $0.04 with the surprise factor of 4.90%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Johnson Controls Inc (NYSE:JCI) traded up +0.56% during trading on Friday, hitting $44.94 . The stock had a trading volume of 4.6 M shares. The firm has a 50 day moving average of $42.47 and a 200-day moving average of $39.26. The stock has a market cap of $29.11B and a price-to-earnings ratio of 65.34. On Jun 12, 2015 the shares registered one year high at $52.66 and the one year low was seen on Jan 14, 2016.

On June 9, 2016 Johnson Controls Inc (NYSE:JCI) announced a Power Solutions Financial Analyst Event on Monday, June 13, 2016 at its corporate headquarters in Glendale, Wisconsin. The day will include a deep dive into Power Solutions’ growth opportunities, global capabilities and competitive advantages. Presenters will include Chairman and CEO Alex Molinaroli and Power Solutions President Joe Walicki along with other Power Solutions experts. Webcast presentations will begin at 10:00 a.m. CDT.

Presentations by:

Alex Molinaroli, chairman, president and CEO

Joe Walicki, president Power Solutions

Ray Shemanski, vice president & general manager Aftermarket, Power Solutions

MaryAnn Wright, group vice president Industry Relations, Power Solutions

The audio webcast of the event will be available at: http://investors.johnsoncontrols.com/news-and-events/events-and-presentations. A slide presentation will be available that morning for downloading. For those unable to participate during the live webcast, the event presentations will be archived. In addition, content will be available by following @JCI_BatteryBeat.

Nielsen Holdings plc (NYSE:NLSN) reported earnings for the three months ended Mar2016 on April 20, 2016. The company earned $0.51 per share on revenue of $1.49B. Analysts had been modeling earning per share of $0.5 with $1.49B in revenue.

Nielsen Holdings plc operates as an information and measurement company. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch and listen. Its Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry. This segment provides data on retail measurement services, such as market share and competitive sales volumes; insights into distribution, pricing, merchandising, and promotion; consumer panel measurement, which offers insight into shopper behavior and customer segmentation; and consumer intelligence and analytical services for decision making in development and marketing cycles. The company’s Watch segment provides viewership and listening data, and analytics primarily to the media and advertising industries for television, radio, digital and mobile viewing, and listening platforms. It offers television audience measurement services, including more than one screen, unduplicated reach, cause and effect analysis, and program viewing behavior testing; audio audience measurement services; digital audience measurement services, such as digital media and market research, audience analytics, and social media measurement; mobile measurement services comprising measurement and consumer research for telecom and media companies; and advertiser solutions. The company was formerly known as Nielsen N.V. and changed its name to Nielsen Holdings plc in August 2015. The company was founded in 1923 and is headquartered in Oxford, the United Kingdom. Nielsen Holdings plc is a subsidiary of Valcon Acquisition Holding (Luxembourg) S.à.r.l

Nielsen Holdings plc earnings per share showed an increasing trend of 53.8% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 318%.Analysts project EPS growth over the next 5 years at 11.75%. It has EPS annual growth over the past 5 fiscal years of 23.1% when sales grew 3.8. It reported 2% sales growth, and 63.1% EPS growth in the last quarter.

The stock is trading at $53.39, up 26.3% from 52-week low of $42.76. The stock trades down -2.2% from its peak of $54.59 and 8.19% above the consensus price target of $57.76. Its volume clocked up at 1.75 million shares which is lower than the average volume of 1.86 million shares. Its market capitalization currently stands at $19.40B.

Bristow Group Inc (NYSE:BRS) insider has recently participated in insider trading activity. President and CEO, Baliff Jonathan bought 7,500 shares for $96,675 via one transaction Feb 12. Following the transaction, the insider now owns 25,416 shares in total, priced at $360907.2 as of Tuesday. Another notable insider trading was done by the same insider on Nov 11. Baliff Jonathan acquired 3,500 shares at an average price of $29.03 for a total of $101,605. Moreover, Gompert David C. carried out a buy of 2,400 shares at $13.04 each on Feb 12. The transaction amounted to $31,296. See Remarks Miller L. Don bought 3,500 shares for $101,605 through one transaction Nov 11. Following this sale, this insider’s stake in the company comprises 3,952 shares, priced at $56118.4 as of Tuesday.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 2 sell activities and 2 buy trades. Furthermore, over the past 12 months, the stock was traded 10 times by insiders. In 6 of these trades, the insider was a seller while an employee of the company was the buyer in just 4 instances.

Bristow Group Inc (BRS) on February 9, 2016 announced that Bristow has invested $4.2 million in Sky-Futures, the leading provider of drone inspection data services for the oil and gas industry. This investment gives Bristow immediate entry to the fast-growing UAV services business and bolsters Bristow’s offerings to include drone inspection services.

The investment, which also includes an exclusive partnership agreement, gives Bristow access to Sky-Futures UAV or drone inspection operational expertise, data capturing and analysis technology, and training capabilities. Bristow will have one representative on Sky-Futures’ board.

“In this new market reality where continued cost pressures compel companies to find new solutions, our investment in Sky-Futures puts Bristow at the forefront of offering innovative solutions that help our mutual clients achieve further efficiencies in their operations,” said Bristow Group President and CEO Jonathan Baliff. “Through our partnership, we will collaborate with Sky-Futures and its leading safety culture, operational integration, and analysis technology to capitalize beyond the growing need for global UAV inspection services in oil and gas to other industries, including search and rescue.

“This agreement is another example of how Bristow is taking proactive steps to differentiate itself and capitalize on strategic growth opportunities that are aligned with our core values and competencies,” said Baliff.

James Harrison, Sky-Futures CEO and co-founder said, “This partnership between Bristow and Sky-Futures enables us to rapidly expand the operational delivery of drone based inspection services in the global oil and gas market. We’re really excited because it allows us to enhance our advanced technology platform that powers industrial data capture and analysis, providing our clients with increasingly valuable and actionable information.”

 

Banc of California, Inc. (NYSE:BANC) reported earnings for the three months ended Mar2016 on April 21, 2016. The company earned $0.36 per share on revenue of $70.42M. Analysts had been modeling earning per share of $0.31 with $65.9M in revenue.

Pre-tax income for the first quarter of 2016 was $33.0 million, an increase of 49% compared to first quarter of 2015.  Net income available to common shareholders for the first quarter was $15.1 million, an increase of 30% compared to the first quarter of 2015.

Highlights for the first quarter included:

Record quarterly non-interest bearing deposit growth of $278 million, or 25%.

Quarterly commercial banking segment loan and lease originations of $823 million, an increase of 66% from a year ago.

The Company’s return on average assets for the quarter was 0.9%, and its return on average tangible common equity (ROTCE) for the quarter was 14.5%.

The Company’s consolidated assets totaled $9.6 billion at March 31, 2016, an increase of $1.4 billion, or 17%, compared to the prior quarter, and an increase of $3.5 billion, or 58%, compared to a year ago. The Company’s growth over this period has been entirely organic as Banc of California’s last acquisition occurred in 2014.

Banc of California, Inc. earnings per share showed an increasing trend of 47.8% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 200%.Analysts project EPS growth over the next 5 years at 12.5%. It has EPS annual growth over the past 5 fiscal years of 29.6% when sales grew 45.4. It reported 38.5% sales growth, and 22% EPS growth in the last quarter.

The stock is trading at $20.06, up 71.31% from 52-week low of $11.71. The stock trades down -3.79% from its peak of $20.85 and 11.47% above the consensus price target of $22.36. Its volume clocked up at 1.06 million shares which is higher than the average volume of 0.87 million shares. Its market capitalization currently stands at $877.50M.

Hasbro Inc. (NASDAQ:HAS) reported earnings for the three months ended Mar2016 on April 18, 2016. The company earned $0.38 per share on revenue of $831.18M. Analysts had been modeling earning per share of $0.24 with $777.11M in revenue.

Hasbro Inc. (HAS) on April 18, 2016 reported financial results for the first quarter 2016. Net revenues for the first quarter 2016 increased 16% to $831.2 million versus $713.5 million in 2015. Excluding a negative $28.6 million impact from foreign exchange, first quarter revenues increased 20%.

Net earnings for the first quarter 2016 increased 83% to $48.8 million, or $0.38 per diluted share, compared to $26.7 million, or $0.21 per diluted share, in 2015.

“The momentum with which we ended last year has continued throughout the first quarter 2016, delivering revenue and earnings growth,” said Brian Goldner, Hasbro’s Chairman, President and Chief Executive Officer. “Our focus on executing our Brand Blueprint continues to drive strong retail and consumer demand for our brands, while enhancing overall profitability of Hasbro. Hasbro Franchise Brand revenue increased behind continued double-digit growth in NERF and PLAY-DOH, overcoming expected difficult quarterly comparisons in TRANSFORMERS as well as a digital streaming deal in the Entertainment and Licensing segment recorded last first quarter. Demand for STAR WARS: THE FORCE AWAKENS products continued to be high and we benefited from the addition of DISNEY PRINCESS and FROZEN fashion and small dolls. We are very encouraged with global demand and our outlook for 2016.”

“The first quarter was a very good quarter for Hasbro,” said Deborah Thomas, Hasbro’s Chief Financial Officer. “The strength of our results reflected the continued momentum in our business and strong execution from our global teams. We grew revenues, operating profit and earnings despite the continued negative impact from foreign exchange and challenging economic environments in some international markets. We returned $93.2 million in cash to shareholders and ended the quarter with a very strong balance sheet positioned to support our 2016 growth outlook. While most of the year remains ahead of us, it was a good start to the year.”

Hasbro Inc. earnings per share showed an increasing trend of 11.4% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 452%.Analysts project EPS growth over the next 5 years at 14.8%. It has EPS annual growth over the past 5 fiscal years of 5.4% when sales grew 2.1. It reported 16.5% sales growth, and 81.9% EPS growth in the last quarter.

The stock is trading at $87.29, up 47.22% from 52-week low of $60.38. The stock trades down -0.82% from its peak of $88.53 and -1.1% below the consensus price target of $86.33. Its volume clocked up at 0.64 million shares which is lower than the average volume of 1.01 million shares. Its market capitalization currently stands at $10.88B.

The shares of Bank Of The Ozarks Inc (NASDAQ:OZRK) currently has mean rating of 1.62 while 4 analysts have recommended the shares as “BUY”, 3 recommended as “OUTPERFORM” and 1 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending June-16 is 186.07 million by 3 analysts. The means estimate of sales for the year ending Dec-16 is 755.20 million by 4 analysts.

The mean price target for the shares of Bank Of The Ozarks Inc (NASDAQ:OZRK) is at 50.25 while the highest price target suggested by the analysts is 60.00 and low price target is 46.00. The mean price target is calculated keeping in view the consensus of 8 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Bank Of The Ozarks Inc (NASDAQ:OZRK) stands at 0.58 while the EPS for the current year is fixed at 2.42 by 6 analysts.

The next one year’s EPS estimate is set at 3.12 by 7 analysts while a year ago the analysts suggested the company’s EPS at 2.42. The analysts also projected the company’s long-term growth at 8.00% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, Bank Of The Ozarks Inc (NASDAQ:OZRK) reported earnings of $0.57. The posted earnings topped the analyst’s consensus by $0.02 with the surprise factor of 3.60%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Bank of the Ozarks, Inc. operates as a bank holding company for Bank of the Ozarks that provides various banking products and services. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, and individual retirement accounts; and time deposits. Its loan products include loans secured by residential 1-4 family, non-farm/non-residential, agricultural, construction/land development, multifamily residential properties, and other land loans; and consumer loans. The company’s loan products also comprise loans for commercial, industrial, and professional purposes, including loans to fund working capital requirements, purchase of machinery and equipment, and other purposes; term loans, balloon loans, and lines of credit; and agricultural loans for financing agricultural production consisting of loans to businesses or individuals engaged in the production of timber, poultry, livestock, or crops. In addition, it offers mortgage lending; treasury management services, such as wholesale lock box services; remote deposit capture services; and trust and wealth management services, including financial planning, money management, custodial, and corporate trust services. Further, the company provides real estate appraisals; ATMs; telephone banking; online and mobile banking services comprising electronic bill pay and consumer mobile deposits; credit, debit, and gift cards; safe deposit boxes; investment brokerage services; and other products and services, as well as processes merchant debit and credit card transactions. It serves businesses, individuals, and non-profit and governmental entities. As of December 31, 2015, the company operated 174 offices, which included 81 offices in Arkansas, 28 in Georgia, 25 in North Carolina, 22 in Texas, 10 in Florida, 3 in Alabama, 2 each in South Carolina and New York, and 1 in California. Bank of the Ozarks, Inc. was founded in 1981 and is headquartered in Little Rock, Arkansas.

Illinois Tool Works Inc. (NYSE:ITW) reported earnings for the three months ended Mar2016 on April 20, 2016. The company earned $1.29 per share on revenue of $3.27B. Analysts had been modeling earning per share of $1.26 with $3.25B in revenue.

Illinois Tool Works Inc. (ITW) on April 20, 2016 reported first quarter 2016 diluted earnings per share (EPS) of $1.29, a 7 percent increase compared to the year-ago period. Operating margin increased 120 basis points to 22.1 percent and organic revenue increased 1 percent.  The company’s ongoing Product Line Simplification (PLS) activities reduced organic revenue growth by 1 percentage-point.

“We are pleased with ITW’s strong start to 2016,” said E. Scott Santi, Chairman and Chief Executive Officer. “In a challenging environment, the company continued to deliver meaningful improvement in all of our key performance metrics: organic growth, EPS, operating margin, return on invested capital, and free cash flow.  Consistent with our strategy, we continue to execute the steps necessary to position the company to deliver solid above-market organic growth with best-in-class margins and returns.  In the current economic environment and over the long-term, ITW’s unique business model and our proven track record of operational execution position us very well for continued differentiated performance.”

First Quarter Highlights

• GAAP EPS increased 7 percent to $1.29.  Excluding $(0.04) impact from foreign currency translation, EPS would have been up 10 percent.


• Operating margin increased 120 basis points to a first quarter record of 22.1 percent as Enterprise Initiatives contributed 130 basis points.


• Organic revenue grew 1 percent as North America grew 2 percent and International declined 1 percent.  Consumer-facing businesses grew 3 percent and Industrial-facing businesses declined 3 percent.  Total revenue was $3.3 billion, a decline of 2 percent due to the impact of foreign currency.


• After-tax return on invested capital improved 180 basis points to a first quarter record of 21.2 percent.


• Free cash flow conversion was 90 percent.


• Five of seven segments achieved positive organic revenue growth as Construction Products grew 5 percent, Automotive OEM, Food Equipment, and Specialty Products all grew 3 percent, and Polymers and Fluids 1 percent.  Welding and Test & Measurement Electronics declined by 9 and 2 percent, respectively.


• Six of seven segments increased operating margin with Automotive OEM up 140 basis points to 26.4 percent, Food Equipment up 190 basis points to 24.5 percent, Test & Measurement Electronics up 80 basis points to 15.5 percent, Polymers & Fluids up 20 basis points to 20.2 percent, Construction Products up 440 basis points to 21.0 percent, and Specialty Products up 350 basis points to 26.1 percent. Welding declined 300 basis points to 23.9 percent.

Illinois Tool Works Inc. earnings per share showed an increasing trend of 9.8% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 604%.Analysts project EPS growth over the next 5 years at 8.65%. It has EPS annual growth over the past 5 fiscal years of 12.2% when sales declined -2.8. It reported -2% sales drop, and 6.5% EPS growth in the last quarter.

The stock is trading at $106.03, up 37.02% from 52-week low of $78.79. The stock trades down -0.15% from its peak of $106.19 and 4.24% above the consensus price target of $110.53. Its volume clocked up at 2.03 million shares which is higher than the average volume of 1.43 million shares. Its market capitalization currently stands at $37.86B.

Fulton Financial Corp (NASDAQ:FULT) insider has recently participated in insider trading activity. Sr. Executive Vice President, Myers Curtis J bought 593 shares for $7,324 via one transaction Jan 27. Another notable insider trading was done by the same insider on Jan 26. Myers Curtis J sold 4,165 shares at an average price of $12.09 for a total of $50,357. Following the transaction, the insider now owns 42,418 shares in total, priced at $534,042.62 as of Friday. Moreover, DePorter Michael J carried out a sale of 15,833 shares at $13.27 each on Oct 23. The transaction amounted to $210,048. Director Waters Ernest J bought 3,192 shares for $39,937 through one transaction Jul 27. Following this sale, this insider’s stake in the company comprises 4,103 shares, priced at $51,656.77 as of Friday.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 1 sell activities and 1 buy trades. Furthermore, over the past 12 months, the stock was traded 43 times by insiders. In 13 of these trades, the insider was a seller while an employee of the company was the buyer in just 30 instances.

On January 20, 2016 Mark F. Strauss, Esq., of Hillsborough, NJ, was elected to the board of directors of Fulton Financial Corporation (FULT).

Since 2010, Mr. Strauss has served as a Senior Vice President of Corporate Strategy and Business Development at American Water Works Company, Inc. (NYSE: AWK), the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. From December 2006 to September 2010, Mr. Strauss served as President of American Water Enterprises, which owns and operates several of American Water’s market-based businesses.

“Mark has been instrumental in helping to guide American Water for the benefit of its shareholders,” said E. Philip Wenger, chairman, president and chief executive officer. “In addition, he has served on the board of our banking subsidiary, Fulton Bank of New Jersey. His understanding of publicly held companies and the financial services industry, coupled with his experience in corporate strategy and business development, make him a very valuable addition to Fulton Financial’s board of directors.”

Fulton Financial Corporation operates as a multi-bank financial holding company that provides a range of banking and financial services to businesses and consumers. It offers personal banking services that include various checking account and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers consumer loan products comprising home equity loans and lines of credit, as well as automobile loans, automobile and equipment leases, personal lines of credit, and checking account overdraft protection; various fixed and variable-rate products, including construction loans and jumbo loans; and residential mortgages. In addition, it provides various commercial lending products, such as commercial, financial, agricultural, and real estate loans; and equipment leasing, letters of credit, cash management services, and deposit products to commercial customers. Further, the company offers investment management, trust, brokerage, insurance, and investment advisory services to consumer and commercial banking customers.

 

Performance Sports Group Ltd. (NYSE:PSG) reported earnings for the three months ended Feb2016 on April 14, 2016. The company earned $-0.32 per share on revenue of $126.08M. Analysts had been modeling earning per share of $-0.29 with $130.52M in revenue.

Performance Sports Group Ltd., together with its subsidiaries, designs, manufactures, and distributes performance sports equipment, related apparel, and accessories for ice hockey, roller hockey, lacrosse, baseball, and softball primarily in the United States, Canada, and Europe. It operates through two segments, Hockey and Baseball/Softball. The company offers ice hockey products, such as skates, helmets, protective gear, sticks, team apparel, and accessories; baseball and softball products, including bats, gloves, protective gear, apparel, and accessories; roller hockey products comprising skates, protective gear, and accessories; and lacrosse products, which include shafts, heads, gloves, helmets, and protective gear. It also provides uniforms for ice hockey, roller hockey, lacrosse, and other team sports. The company offers its products under the brand names of BAUER, MISSION, MAVERIK, CASCADE, INARIA, COMBAT, and EASTON. Performance Sports Group Ltd. distributes its products through sales representatives and independent distributors to specialty retail stores, sporting goods, and national retail chains, as well as directly to sports teams. The company was formerly known as Bauer Performance Sports Ltd. and changed its name to Performance Sports Group Ltd. in June 2014. Performance Sports Group Ltd. was founded in 1927 and is headquartered in Exeter, New Hampshire.

Performance Sports Group Ltd. earnings per share showed a decreasing trend of -88.2% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 31%.Analysts project EPS growth over the next 5 years at 0.4%. It has EPS annual decline over the past 5 fiscal years of 0% when sales declined 0. It reported -8.5% sales drop, and 0% EPS decline in the last quarter.

The stock is trading at $3.25, up 16.07% from 52-week low of $2.8. The stock trades down -83.88% from its peak of $20.16 and 186.77% above the consensus price target of $9.32. Its volume clocked up at 0.6 million shares which is lower than the average volume of 1.5 million shares. Its market capitalization currently stands at $148.55M.

The shares of W&T Offshore, Inc. (NYSE:WTI) currently has mean rating of 3.12 while Zero analysts have recommended the shares as “BUY”, Zero recommended as “OUTPERFORM” and 7 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending June-16 is 102.64 million by 4 analysts. The means estimate of sales for the year ending Dec-16 is 409.22 million by 4 analysts.

The mean price target for the shares of W&T Offshore, Inc. (NYSE:WTI) is at 2.50 while the highest price target suggested by the analysts is 4.00 and low price target is 1.50. The mean price target is calculated keeping in view the consensus of 8 brokerage firms.

The average estimate of EPS for the current fiscal quarter for W&T Offshore, Inc. (NYSE:WTI) stands at -0.69 while the EPS for the current year is fixed at -2.71 by 6 analysts.

The next one year’s EPS estimate is set at -1.06 by 7 analysts while a year ago the analysts suggested the company’s EPS at -2.71. The analysts also projected the company’s long-term growth at -30.70% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, W&T Offshore, Inc. (NYSE:WTI) reported earnings of -$0.95. The posted earnings missed the analyst’s consensus by -$0.05 with the surprise factor of -5.60%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On May 4, 2016 W&T Offshore, Inc. (WTI) reported its first quarter 2016 operations and financial results, as well as its 2016 second quarter and full year production and expense guidance.  Some of the key items and subsequent events include:

Production for the first quarter of 2016 averaged 43,317 barrels of oil equivalent (“Boe”) per day (3.9 million Boe for the quarter), 57.4% of which was oil and liquids. Oil production increased 0.6% for the first quarter of 2016 compared to the first quarter of 2015; while natural gas production decreased 18.4% and natural gas liquids (NGL) production decreased 19.2% as we continued our focus on oil related projects. Oil production was deferred as our largest oil producing field was offline for three weeks as a result of a scheduled maintenance project on a third-party pipeline that services the platform.

Full year production and expense guidance remains the same.

Revenues for the first quarter of 2016 were $77.7 million, 72.0% of which was from oil and NGLs.

Lease operating expenses (“LOE”) declined 16.6% for the first quarter of 2016 to $44.5 million compared to $53.3 million in the first quarter of 2015 reflecting our focus on expense management. General and administrative expenses decreased 20.8% for the first quarter of 2016 to $16.4 million with reduced headcount, reduced contractor usage and other cost saving measures.

Tracy W. Krohn, W&T Offshore’s Chairman and Chief Executive Officer, stated, “With the continued weakness in commodity prices, we remained focused on prudently managing our cash balance and liquidity position, while minimizing our capital expenditures and judiciously managing our expenses.

“Our oil production remains strong as we benefit from good production rates at Big Bend, Dantzler, Medusa and our Ewing Bank 910 projects that were placed on line within the last year.  With no material near-term lease expirations and most of our acreage held by production, we have no new wells currently planned for the remainder of 2016 and will continue to reduce expenses as we focus on returning operating margins to acceptable levels.”

RPM International Inc. (NYSE:RPM) reported earnings for the three months ended Feb2016 on April 06, 2016. The company earned $0.14 per share on revenue of $988.55M. Analysts had been modeling earning per share of $0.15 with $994.64M in revenue.

RPM International Inc. (RPM) on April 06, 2016 reported record sales and EBIT for its fiscal 2016 third quarter ended February 29, 2016, despite the strong U.S. dollar and overall weakness in many global markets outside the U.S.

Third-Quarter Results

Net sales grew 4.5% to $988.6 million in the fiscal 2016 third quarter from $946.4 million in the fiscal 2015 third quarter. Consolidated earnings before interest and taxes (EBIT) were $42.1 million, up 23.1% from $34.2 million a year ago. Net income of $18.6 million in the fiscal 2016 third quarter compares to a reported loss of $57.3 million a year ago. Third-quarter diluted earnings per common share were $0.14, compared to a year-ago reported loss of $0.44.

The year-ago loss for the quarter was due to a one-time, non-cash net charge for a tax accrual related to possible repatriation of overseas earnings to fund future obligations for the company’s Specialty Products Holding Corp. (SPHC) bankruptcy settlement. On an as-adjusted basis, earnings per diluted share were $0.20 in the prior year’s third quarter, which included a $13.0 million or $0.10 per share tax benefit.

“We were pleased with RPM’s performance during our seasonally slow third quarter, considering the headwinds posed by foreign currency translation, which reduced sales by 4.2% in the quarter, along with declining economies in a number of the international markets we serve,” stated Frank C. Sullivan, RPM chairman and chief executive officer. “We were able to leverage good sales growth into EBIT growth of 23%.”

Third-Quarter Segment Sales and Earnings

Industrial segment sales declined 3.1% to $484.0 million from $499.6 million in the fiscal 2015 third quarter. Organic sales improved 2.6%, while acquisitions added 0.7%. Foreign currency translation negatively impacted sales by 6.4%. Industrial segment EBIT for the quarter of $2.1 million, was $6.7 million below last year’s EBIT of $8.8 million. During the quarter, the industrial segment had $6.9 million in higher product warranty expenses and severance-related charges across businesses operating in weaker end markets. Excluding these items, industrial EBIT would have been up slightly year over year.

“Results from our industrial segment continue to be mixed by both end markets and geography. Our U.S. based industrial companies serving the commercial construction markets enjoyed high single-digit growth. However, our businesses with exposure to the global energy sector continue to be down by about 10%. Geographically, our Latin American industrial businesses showed strong organic growth in local currencies, while performance by businesses in Europe was somewhat choppy,” stated Sullivan.

RPM International Inc. earnings per share showed a decreasing trend of -18.3% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 276%.Analysts project EPS growth over the next 5 years at 9%. It has EPS annual growth over the past 5 fiscal years of 5% when sales grew 6.1. It reported 4.5% sales growth, and 132% EPS growth in the last quarter.

The stock is trading at $50.19, up 37.21% from 52-week low of $36.78. The stock trades down -2.73% from its peak of $51.6 and -0.72% below the consensus price target of $49.83. Its volume clocked up at 0.58 million shares which is lower than the average volume of 0.68 million shares. Its market capitalization currently stands at $6.71B.

The shares of GrubHub Inc (NYSE:GRUB) currently has mean rating of 2.00 while 7 analysts have recommended the shares as “BUY”, 6 recommended as “OUTPERFORM” and 7 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending June-16 is 114.18 million by 14 analysts. The means estimate of sales for the year ending Dec-16 is 473.27 million by 15 analysts.

The mean price target for the shares of GrubHub Inc (NYSE:GRUB) is at 30.24 while the highest price target suggested by the analysts is 35.00 and low price target is 22.00. The mean price target is calculated keeping in view the consensus of 17 brokerage firms.

The average estimate of EPS for the current fiscal quarter for GrubHub Inc (NYSE:GRUB) stands at 0.19 while the EPS for the current year is fixed at 0.79 by 16 analysts.

The next one year’s EPS estimate is set at 1.00 by 16 analysts while a year ago the analysts suggested the company’s EPS at 0.79. The analysts also projected the company’s long-term growth at 26.05% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, GrubHub Inc (NYSE:GRUB) reported earnings of $0.20. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 3, 2016 GrubHub Inc (NYSE:GRUB) the nation’s leading online and mobile food-ordering and delivery platform, today brings its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

“We’re always looking for ways to make it easier for our diners to find and order the type of food they want, when they want it, from their favorite local restaurants,” said Sudev Balakrishnan, SVP of Product for Grubhub. “We’re thrilled to bring the ease of use of Apple Pay to our diners. It offers another quick and convenient way for them to pay for their meals, whether they’re at home or on the go.”

Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by credit and debit cards. In stores, Apple Pay works with iPhone SE, iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus and AppleWatch.

Online shopping in apps accepting Apple Pay is as simple as the touch of a finger with Touch ID, so there’s no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information. When paying for goods and services within apps, Apple Pay is compatible with iPhone SE, iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, iPad Air 2, iPad mini 3, iPad mini 4 and iPad Pro.

Security and privacy is at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.

PulteGroup, Inc. (NYSE:PHM) received a stock rating downgrade from KeyBanc Capital Markets on Apr-04-16. In a note to investors, the firm issued a Sector Weight rating. The analysts previously had an Overweight rating on the stock.

Analysts have a consensus target price of $ 19.28 in the 12-month period. The price objective is 12.03 % higher than the recent closing price of $ 17.21. The 52-week price range is $ 14.54 – 22.54 and the company has a market capitalization of $ 6.10B. Analysts covering the shares maintain a consensus Buy rating, according to Zacks Investment Research. 2 analyst has rated the stock with a sell rating, 3 has assigned a hold rating, 2 says it’s a buy, and 3 have assigned a strong buy rating to the company.

PulteGroup, Inc. (PHM) on April 4, 2016 filed its definitive proxy statement and determined to nominate the following incumbent directors to stand for election at its annual shareholders meeting to be held on May 4, 2016:

• Brian P. Anderson, 65, Former CFO, OfficeMax, Inc.


• Bryce Blair, 57, Executive Chairman of the Board, Invitation Homes and former Chairman and CEO, AvalonBay Communities, Inc.


• Richard W. Dreiling, 62, Former Chairman and CEO of Dollar General Corporation


• Richard J. Dugas, Jr., 50, Chairman and CEO, PulteGroup, Inc.


• Thomas J. Folliard, 51, President and CEO of CarMax, Inc.


• Cheryl W. Grisé, 63, Former Executive Vice President of Northeast Utilities


• André J. Hawaux, 55, Executive Vice President and COO, Dick’s Sporting Goods, Inc.


• Debra J. Kelly-Ennis, 59, Former President and CEO, Diageo Canada, Inc.


• Patrick J. O’Leary, 58, Former Executive Vice President and CFO of SPX Corporation


• James J. Postl, 70, Former President and CEO of Pennzoil-Quaker State Company

As noted in the proxy statement, the Company’s Board of Directors determined not to nominate James Grosfeld to stand for election as a Director at the Company’s Annual Meeting of Shareholders for a number of reasons, including as a result of differing points of view between Mr. Grosfeld and the other independent directors over succession planning and other business strategy matters.

As announced separately by PulteGroup today, Mr. Dugas, Jr. has informed the Company’s Board of Directors of his intention to retire as Chairman and Chief Executive Officer at the May 2017 Annual Meeting of Shareholders, in an effort to avoid a contested public battle with Bill Pulte and Jim Grosfeld, who was appointed to the Board in December at the behest of Mr. Pulte.

See also: A Peek Inside Donald Trump’s Financials Shows How He Takes Advantage Of A Little Known Income Stream That’s Available To Everyone!

 

New York Community Bancorp Inc. (NYSE:NYCB) reported earnings for the three months ended Mar2016 on April 20, 2016. The company earned $0.27 per share on revenue of $327.87M. Analysts had been modeling earning per share of $0.28 with $323.53M in revenue.

New York Community Bancorp Inc. (NYSE:NYCB) reported GAAP earnings of $129.9 million, or $0.27 per diluted share, for the three months ended March 31, 2016.

Board of Directors Declares $0.17 per Share Quarterly Cash Dividend

First Quarter 2016 Highlights

• Strong Earnings and Returns:


• The Company generated 1Q 2016 earnings of $129.9 million, providing a 1.10% return on average tangible assets and a 14.76% return on average tangible stockholders’ equity.


• Solid Net Interest Margin:


• Excluding prepayment income, the Company’s margin rose one basis point sequentially to 2.72% in the quarter; including prepayment income, the Company’s margin was 2.94% in 1Q 2016.


• Loan Production:


• Loan originations totaled $3.0 billion in the quarter, exceeding the pipeline reported in the Company’s January release.


• Originations for investment represented $2.1 billion of the quarter’s loan production, including $1.6 billion of multi-family loans.


• Continued Loan Growth:


• Absent sales of loan participations, the multi-family loan portfolio would have risen $873.4 million in the first quarter, representing an annualized growth rate of 13.4%.


• Total non-covered loans held for investment rose $412.7 million sequentially, to $36.2 billion, driven by a $434.6 million increase in multi-family loans to $26.4 billion.


• Successful Balance Sheet Management:


• Reflecting securities prepayments and loan sales, total assets declined $1.8 billion sequentially to $48.5 billion at quarter-end.


• The Company’s total consolidated assets over the past four quarters averaged $49.1 billion as a result.


• Exceptional Asset Quality:


• Non-performing non-covered assets totaled $64.6 million, representing 0.14%.


• Non-performing non-covered loans totaled $49.2 million, representing 0.14% of total non-covered loans at that date.


• Strong Efficiency:


• The Company’s efficiency ratio was 43.07% in 1Q 2016.


• Solid Capital:


• Tangible stockholders’ equity represented 7.70% of tangible assets and a tangible book value per share of $7.28.

New York Community Bancorp Inc. earnings per share showed a decreasing trend of -110.3% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 124%.Analysts project EPS growth over the next 5 years at 7.29%. It has EPS annual decline over the past 5 fiscal years of -15.9% when sales declined -2.4. It reported -1.2% sales drop, and -0.6% EPS decline in the last quarter.

The stock is trading at $15.74, up 14.68% from 52-week low of $14.26. The stock trades down -14.74% from its peak of $19.18 and 5.27% above the consensus price target of $16.57. Its volume clocked up at 4.58 million shares which is higher than the average volume of 4.14 million shares. Its market capitalization currently stands at $7.62B.

Omega Healthcare Investors Inc (NYSE:OHI) insider has recently participated in insider trading activity. Director, FRANKE THOMAS F bought 6,000 shares for $172,090 via one transaction Feb 12. Following the transaction, the insider now owns 53,182 shares in total, priced at $1537491.62 as of Tuesday. Another notable insider trading was done by the same insider on Feb 12. FRANKE THOMAS F acquired 10,000 shares at an average price of $28.59 for a total of $285,894. Moreover, PICKETT C TAYLOR carried out a buy of 4,200 shares at $32.56 each on Nov 16. The transaction amounted to $136,772. Director KORMAN BERNARD J bought 1,000 shares for $32,640 through one transaction Sep 04. Following this sale, this insider’s stake in the company comprises 1,000 shares, priced at $28910 as of Tuesday.

The stock has experienced a total of 0 insider trades in the past three months. These trades include 0 sell activities and 0 buy trades. Furthermore, over the past 12 months, the stock was traded 39 times by insiders. In 15 of these trades, the insider was a seller while an employee of the company was the buyer in just 24 instances.

Omega Healthcare Investors Inc (OHI) on February 10, 2016 announced its results of operations for the three and twelve-month periods ended December 31, 2015. The Company also reported for the three-month period ended December 31, 2015 Funds From Operations available to common stockholders of $127.4 million or $0.65 per common share and Funds Available For Distribution to common stockholders of $143.0 million or $0.72 per common share.

The $127.4 million of FFO available to common stockholders for the fourth quarter of 2015 includes $23.3 million of interest expense related to the early extinguishment of debt, $7.6 million in provision for uncollectible mortgages, notes and straight-line receivables, $5.4 million of in-place lease revenue amortization catch-up in connection with assumed Aviv REIT, Inc. leases, $4.5 million of non-cash stock-based compensation expense and $2.0 million of acquisition and merger related costs.

FFO is presented in accordance with the guidelines for the calculation and reporting of FFO issued by the National Association of Real Estate Investment Trusts. Adjusted FFO was $0.81 per common share for the three-month period ended December 31, 2015. FFO and Adjusted FFO are non-GAAP financial measures. Adjusted FFO is calculated as FFO available to common stockholders excluding the impact of certain non-cash items and certain items of revenue or expense, including, but not limited to: acquisition and merger related costs, interest refinancing costs, provisions for impairment, uncollectible mortgages and accounts receivable and stock-based compensation expense.

For the three-month period ended December 31, 2015, the Company reported net income of $63.5 million, or $0.32 per diluted common share, on operating revenues of $210.5 million. This compares to net income of $57.0 million, or $0.44 per diluted common share, on operating revenues of $131.3 million, for the same period in 2014.

 

Patrick Industries, Inc. (NASDAQ:PATK) received a stock rating downgrade from CL King on Mar-31-16. In a note to investors, the firm issued a Neutral rating. The analysts previously had a Strong Buy rating on the stock.

Analysts have a consensus target price of $51.50 in the 12-month period. The price objective is 13.46% higher than the recent closing price of $45.39. The 52-week price range is $29.28-$48.79 and the company has a market capitalization of $690.84 million. Analysts covering the shares maintain a consensus Strong Buy rating, according to Zacks Investment Research. Zero analyst has rated the stock with a sell rating, 0 has assigned a hold rating, 0 says it’s a buy, and 0 have assigned a strong buy rating to the company.

Patrick Industries, Inc. (PATK) on March 3, 2016 announced that it has completed the acquisition of the business and certain assets of The Progressive Group (“Progressive”).  Progressive is a distributor and manufacturer’s representative for major name brand electronics operating out of seven locations serving 16 states, primarily in the Midwest and Intermountain regions.  Progressive’s main customer base includes small, mid-size and large retailers, distributors, and custom installers primarily serving the auto and home electronics, retail, custom integration, and commercial channels.

Progressive’s 2015 revenues were approximately $23 million and the Company expects the acquisition to be immediately accretive to 2016 net income per share.  The net purchase price for Progressive was approximately $11 million.

“The acquisition of Progressive provides the opportunity for Patrick to capitalize on its existing Quest Audio Video electronics platform and nationwide geographic footprint to expand our presence in the electronics distribution market,” said Todd Cleveland, Chief Executive Officer of Patrick.  “This acquisition is well-aligned with our strategic initiatives and capital allocation strategy and represents an excellent opportunity to diversify our product offerings into new markets including big box retail and custom home and car audio shops, as well as further positioning us to capitalize on the continued growth and upside potential in the residential housing market.”

David Russell, founder of Progressive, said, “After more than 15 years in business, Progressive’s exceptional team and I are excited to partner with the Patrick organization, which shares our long-term vision to be a premier high-quality distributor and rep firm for the markets we serve.”

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U.S. Bancorp (NYSE:USB) reported earnings for the three months ended Mar2016 on April 20, 2016. The company earned $0.76 per share on revenue of $5.04B. Analysts had been modeling earning per share of $0.76 with $5.06B in revenue.

U.S. Bancorp (NYSE:USB) reported net income of $1,386 million for the first quarter of 2016, or $0.76 per diluted common share, compared with $1,431 million, or $0.76 per diluted common share, in the first quarter of 2015.

Highlights for the first quarter of 2016 included:

• Industry-leading return on average assets of 1.32 percent, return on average common equity of 13.0 percent and efficiency ratio of 54.6 percent


• Returned 80 percent of first quarter earnings to shareholders through dividends and share buybacks


• Average total loans grew 5.8 percent over the first quarter of 2015 and 2.2 percent on a linked quarter basis (1.6 percent excluding the credit card portfolio acquisition at the end of the fourth quarter 2015)

• Average total commercial loans grew 10.2 percent over the first quarter of 2015 and 3.5 percent over the fourth quarter of 2015

• Average total deposits grew 6.3 percent over the first quarter of 2015 and 0.5 percent on a linked quarter basis
  
  
  
  • Average low-cost deposits, including noninterest-bearing and total savings deposits, grew 9.7 percent year-over-year
  
  
  
  


• Net interest income grew 4.9 percent year-over-year and 0.6 percent linked quarter
  
  
  
  • Average earnings assets grew 4.8 percent year-over-year, and 1.4 percent on a linked quarter basis
  
  
  • Net interest margin of 3.06 percent for the first quarter of 2016 was the same as the fourth quarter of 2015, down 2 basis points from 3.08 percent in the first quarter of 2015
  
  
  
  


• Payments-related fee revenue grew 5.1 percent year-over-year, driven by an increase in credit and debit card revenue, including the impact of recent portfolio acquisitions, and merchant processing services revenue


• Credit quality was relatively stable other than energy-related commercial loans, the deterioration of which impacted the amount of nonperforming assets and the provision for credit losses
  
  
  
  • Energy-related commercial nonperforming assets increased $257 million linked quarter
  
  
  • Reserves for energy-related commercial loans were 9.1 percent of outstanding balances at March 31, 2016, compared with 5.4 percent at December 31, 2015
  
  
  
  


• Strong capital position. At March 31, 2016, the estimated common equity tier 1 capital to risk-weighted assets ratio was 9.2 percent using the Basel III fully implemented standardized approach and was 11.9 percent using the Basel III fully implemented advanced approaches method

Net income attributable to U.S. Bancorp was $1,386 million for the first quarter of 2016, 3.1 percent lower than the $1,431 million for the first quarter of 2015, and 6.1 percent lower than the $1,476 million for the fourth quarter of 2015. Diluted earnings per common share were $0.76 in the first quarter of 2016, the same as the first quarter of 2015 and $0.04 lower than the $0.80 reported for fourth quarter of 2015. The decrease in net income year-over-year was primarily due to a higher provision for credit losses driven by energy-related commercial loan downgrades, lower mortgage banking revenue due to lower production and higher noninterest expense driven by higher compensation expense related to the impact of merit increases and higher variable compensation expense, as well as compliance-related matters, partially offset by an increase in net interest income driven by strong loan growth. The decrease in net income on a linked quarter basis was principally due to typical seasonality in some of our business lines, a higher provision for credit losses driven by energy-related loans, as well as the impact of the fourth quarter 2015 gain on the sale of the Health Savings Account deposit portfolio (“HSA deposit sale”). The linked quarter seasonality reflects decreases in fee-based revenue, primarily related to payments and deposit services, and lower costs related to investments in tax-advantaged projects. Other expense increases included higher stock-based and other variable compensation expense.

U.S. Bancorp earnings per share showed an increasing trend of 2.8% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 353%.Analysts project EPS growth over the next 5 years at 5.05%. It has EPS annual growth over the past 5 fiscal years of 12.8% when sales grew 0.4. It reported 5.2% sales growth, and -0.1% EPS decline in the last quarter.

The stock is trading at $42.82, up 16.24% from 52-week low of $37.07. The stock trades down -5.72% from its peak of $46.26 and 6.26% above the consensus price target of $45.5. Its volume clocked up at 6.59 million shares which is lower than the average volume of 7.3 million shares. Its market capitalization currently stands at $74.15B.