Bret Wilshere

Tracking Earnings for Earnings Review: Helix Energy Solutions Group Inc (NYSE:HLX)

Helix Energy Solutions Group Inc (NYSE:HLX) on July 19, 2016 reported a net loss of $10.7 million, or $(0.10) per diluted share, for the second quarter of 2016 compared to a net loss of $2.6 million, or $(0.03) per diluted share, for the same period in 2015 and a net loss of $27.8 million, or $(0.26) per diluted share, for the first quarter of 2016. The net loss for the six months ended June 30, 2016 was $38.5 million, or $(0.36) per diluted share, compared to net income of $17.0 million, or $0.16 per diluted share, for the six months ended June 30, 2015.

Helix reported adjusted EBITDA1 of $14.9 million for the second quarter of 2016 compared to $35.7 million for the second quarter of 2015 and $1.0 million for the first quarter of 2016. Adjusted EBITDA for the six months ended June 30, 2016 was $16.0 million compared with $87.1 million for the six months ended June 30, 2015.

Financial Condition and Liquidity

  • In April 2016, we launched an at-the-market (“ATM”) program for the sale of up to $50 million of common stock. As of June 30, 2016, we sold a total of 5,081,339 shares of our common stock under the ATM program for $40.5 million at an average of $7.98 per share and received proceeds of $38.8 million, net of transaction costs.
  • Our total liquidity at June 30, 2016 was approximately $543 million, consisting of $492 million in cash and cash equivalents and $51 million in available capacity under our revolver. Consolidated long-term debt decreased to $711 million in the second quarter of 2016 compared to $732 million in the first quarter of 2016. Consolidated net debt at June 30, 2016 was $219 million. Net debt to book capitalization at June 30, 2016 was 15%.

Shares of Helix Energy Solutions Group Inc (NYSE:HLX) jumped 2.78% to reach at $7.03 during the course of session. The company has experienced volume of 2.44M shares while on average the company has a capacity of trading 1.77M shares. The stock holds the market capitalization of $766.02M along with 107.53M outstanding shares. The stock traded in the price range of $6.71 – $7.32 for the last trading session. For the stock price target value has been calculated at $9.96 based on calls of 9 experts. Stock’s minimum price target estimates has been figured out at $8.00 while the maximum price target forecast is established at $15.50.

Helix Energy Solutions Group Inc (NYSE:HLX) as of current trade, has shown weekly downbeat performance of -11.24%. Its six months performance indicated a bullish movement while its yearly performance reflected a negative trend of -37.79%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 33.65%. Shares of Helix Energy Solutions Group Inc (NYSE:HLX) currently have an ABR of 2.00, derived from a total of 6 opinions. The company’s price sits -4.33% below from its 50-day moving average of $7.33 and 20.14% above from the stock’s 200-day moving average of $5.88. The company has Relative Strength Index (RSI 14) of 49.72 along with Average True Range (ATR 14) of 0.52. Its weekly and monthly volatility is 8.69%, 6.64% respectively. The company’s beta value is at 2.64.

Helix Energy Solutions Group Inc (NYSE:HLX)’s price to sales ratio for trailing twelve months is 1.29 and price to book ratio for most recent quarter is 0.60, whereas price to cash per share for the most recent quarter is 1.58. The company’s quick ratio for most recent quarter is 3.60 along with current ratio for most recent quarter of 3.60. Total debt to equity ratio of the company for most recent quarter is 0.59 whereas long term debt to equity ratio for most recent quarter is 0.53. The company has a Return on Investment of -10.20%.

Stock Earnings under Review: W W Grainger Inc (NYSE:GWW)

W W Grainger Inc (NYSE:GWW) on July 19, 2016 reported results for the 2016 second quarter ended June 30, 2016.  Sales of $2.6 billion increased 2 percent versus $2.5 billion in the second quarter of 2015.  There were 64 selling days in the 2016 second quarter, the same as the 2015 second quarter.  Net earnings for the quarter of $173 million were down 22 percent versus $221 million in 2015.  Earnings per share of $2.79 declined 14 percent versus $3.25 in 2015.

Second quarter results contained the following special items that the company believes are not indicative of ongoing operations and have been removed to provide better comparability with prior periods.

The company also revised its 2016 sales and earnings per share guidance and now expects sales growth of 1 to 4 percent and earnings per share of $11.20 to $12.20 for the year.  The company’s previous 2016 guidance, communicated on April 18, 2016, included sales growth of 0 to 6 percent and earnings per share of $11.00 to $12.80.

Company

Sales increased 2 percent in the 2016 second quarter versus the prior year.  The sales performance included a 4 percentage point contribution from Cromwell Group (Holdings) Limited, acquired on September 1, 2015.  Excluding this acquisition, organic sales declined 2 percent driven by a 1 percentage point decrease in volume and a 1 percentage point reduction in price.

Company operating earnings of $306 million for the 2016 second quarter declined 14 percent versus $357 million in the 2015 quarter.  The decline was driven by lower sales, lower gross profit margins and higher operating expenses.

The company has two reportable business segments, the United States and Canada, which represented approximately 82 percent of company sales for the quarter.  The remaining operating businesses are located in Europe, Asia and Latin America.  The single channel online businesses are included in Other Businesses and are not reportable segments.

Shares of W W Grainger Inc (NYSE:GWW) fell -4.84% to reach at $217.78 during the course of session. The company has experienced volume of 1.69M shares while on average the company has a capacity of trading 578,867.00 shares. The stock holds the market capitalization of $13.21B along with 61.32M outstanding shares. The stock traded in the price range of $217.09 – $225.00 for the last trading session. For the stock price target value has been calculated at $217.62 based on calls of 13 experts. Stock’s minimum price target estimates has been figured out at $180.00 while the maximum price target forecast is established at $285.00.

W W Grainger Inc (NYSE:GWW) as of current trade, has shown weekly downbeat performance of -5.49%. Its six months performance indicated a bullish movement while its yearly performance reflected a negative trend of -5.31%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 8.72%. Shares of W W Grainger Inc (NYSE:GWW) currently have an ABR of 2.96, derived from a total of 18 opinions. The company’s price sits -3.62% below from its 50-day moving average of $255.41 and 1.93% above from the stock’s 200-day moving average of $219.71. The company has Relative Strength Index (RSI 14) of 39.30 along with Average True Range (ATR 14) of 4.95. Its weekly and monthly volatility is 1.76%, 1.96% respectively. The company’s beta value is at 0.73.

W W Grainger Inc (NYSE:GWW)’s price to sales ratio for trailing twelve months is 1.33 and price to book ratio for most recent quarter is 5.92, whereas price to cash per share for the most recent quarter is 47.77. The company’s quick ratio for most recent quarter is 0.90 along with current ratio for most recent quarter of 1.70. Total debt to equity ratio of the company for most recent quarter is 0.92 whereas long term debt to equity ratio for most recent quarter is 0.61. The company has a Return on Investment of 19.60%.

Keeping an Eye on Stock’s Earnings: Discover Financial Services (NYSE:DFS)

Discover Financial Services (NYSE:DFS) on July 20, 2016 reported net income of $616 million or $1.47 per diluted share for the second quarter of 2016, as compared to $599 million or $1.33 per diluted share for the second quarter of 2015. Net income included a non-recurring tax benefit of $44 million which contributed $0.11 to diluted earnings per share.

Second Quarter Highlights

Total loans grew $2.9 billion, or 4%, from the prior year to $71.9 billion.

Credit card loans grew $2.3 billion, or 4%, to $57.2 billion and Discover card sales volume increased 2% from the prior year.

Total net charge-off rate excluding PCI loans increased 11 basis points from the prior year to 2.27% and the total delinquency rate over 30 days past due excluding PCI loans increased 11 basis points from the prior year to 1.60%.

Direct to consumer and affinity deposits grew $4.6 billion, or 16%, from the prior year to $34.1 billion.

Payment Services transaction dollar volume for the segment was $44.8 billion, down 6% from the prior year.

Income tax expense includes a one-time benefit of $44 million related to the resolution of certain tax matters.

“During the second quarter, we achieved loan growth within our target range and delivered strong profitability,” said David Nelms, chairman and CEO of Discover. “We also announced plans to increase our dividend and share repurchases, which we expect will result in one of the highest total yields among CCAR banks over the next four quarters.”

Shares of Discover Financial Services (NYSE:DFS) fell -0.19% to reach at $56.98 during the course of session. The company has experienced volume of 6.20M shares while on average the company has a capacity of trading 3.23M shares. The stock holds the market capitalization of $23.35B along with 412.23M outstanding shares. The stock traded in the price range of $56.25 – $57.00 for the last trading session. For the stock price target value has been calculated at $63.27 based on calls of 22 experts. Stock’s minimum price target estimates has been figured out at $58.00 while the maximum price target forecast is established at $75.00.

Discover Financial Services (NYSE:DFS) as of current trade, has shown weekly upbeat performance of 0.51%. Its six months performance indicated a bullish movement while its yearly performance reflected a negative trend of -2.45%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 7.45%. Shares of Discover Financial Services (NYSE:DFS) currently have an ABR of 1.39, derived from a total of 18 opinions. The company’s price sits 3.78% above from its 50-day moving average of $54.76 and 8.45% above from the stock’s 200-day moving average of $51.69. The company has Relative Strength Index (RSI 14) of 63.25 along with Average True Range (ATR 14) of 1.10. Its weekly and monthly volatility is 1.19%, 1.74% respectively. The company’s beta value is at 1.16.

Discover Financial Services (NYSE:DFS)’s price to sales ratio for trailing twelve months is 2.90 and price to book ratio for most recent quarter is 2.21, whereas price to cash per share for the most recent quarter is 1.94. Total debt to equity ratio of the company for most recent quarter is 0.00 whereas long term debt to equity ratio for most recent quarter is 2.30. The company has a Return on Assets of 2.60%. The company currently has a Return on Equity of 20.80% and Return on Investment of 10.90%.

Earnings Recap: MGIC Investment Corp. (NYSE:MTG)

MGIC Investment Corp. (NYSE:MTG) on July 19, 2016 reported pretax income of $165.2 million for the quarter ended June 30, 2016 compared with $115.0 million for the same period last year.  For the quarter ended June 30, 2016 net income was $109.2 million, compared with a net income of $113.7 million for the same quarter a year ago. Diluted net income per share was $0.26 for the quarter ending June 30, 2016, compared to diluted net income per share of $0.28 for the same quarter a year ago.

Total revenues for the second quarter of 2016 were $263.5 million, compared to $243.1 million in the second quarter last year. Total revenues in the second quarter of 2016 included $0.8 million of net realized investment gains compared to $0.2 million in the second quarter of 2015. Net premiums written for the quarter were $250.0 million, compared to $226.8 million for the same period last year.

New insurance written in the second quarter was $12.6 billion, compared to $11.8 billion in the second quarter of 2015. Persistency, or the percentage of insurance remaining in force from one year prior, was 79.6 percent at June 30, 2016, compared to 79.7 percent at December 31, 2015, and 80.4 percent at June 30, 2015.

As of June 30, 2016, MGIC’s primary insurance in force was $177.5 billion, compared to $174.5 billion at December 31, 2015, and $168.8 billion at June 30, 2015. The fair value of MGIC Investment Corporation’s investment portfolio, cash and cash equivalents was $4.9 billion at June 30, 2016, compared with $4.8 billion at December 31, 2015, and $4.8 billion at June 30, 2015.

At June 30, 2016, the percentage of loans that were delinquent, excluding bulk loans, was 4.2 percent, compared to 5.1 percent at December 31, 2015, and 5.5 percent at June 30, 2015.  Including bulk loans, the percentage of loans that were delinquent at June 30, 2016 was 5.3 percent, compared to 6.3 percent at December 31, 2015, and 6.8 percent at June 30, 2015.

Shares of MGIC Investment Corp. (NYSE:MTG) jumped 6.74% to reach at $6.81 during the course of session. The company has experienced volume of 25.62M shares while on average the company has a capacity of trading 7.30M shares. The stock holds the market capitalization of $2.31B along with 340.64M outstanding shares. The stock traded in the price range of $6.75 – $7.22 for the last trading session. For the stock price target value has been calculated at $9.45 based on calls of 11 experts. Stock’s minimum price target estimates has been figured out at $7.50.00 while the maximum price target forecast is established at $12.00.00.

MGIC Investment Corp. (NYSE:MTG) as of current trade, has shown weekly upbeat performance of 8.79%. Its six months performance indicated a bearish movement while its yearly performance reflected a negative trend of -38.26%. Year-to-date (YTD) performance of the stock illustrate downbeat trend of -22.88%. Shares of MGIC Investment Corp. (NYSE:MTG) currently have an ABR of 2.17, derived from a total of 6 opinions. The company’s price sits 15.92% 6.50 above from its 50-day moving average of $6.24 and -11.59% below from the stock’s 200-day moving average of $6.91. The company has Relative Strength Index (RSI 14) of 66.57 along with Average True Range (ATR 14) of 0.30. Its weekly and monthly volatility is 3.40%, 4.42% respectively. The company’s beta value is at 2.95.

MGIC Investment Corp. (NYSE:MTG)’s price to sales ratio for trailing twelve months is 2.26 and price to book ratio for most recent quarter is 0.99, whereas price to cash per share for the most recent quarter is 9.31. The company’s price to free cash flow for trailing twelve months is 19.04. Total debt to equity ratio of the company for most recent quarter is 0.00 whereas long term debt to equity ratio for most recent quarter is 0.40. The company has a Return on Assets of 19.40%. The company currently has a Return on Equity of 55.60% and Return on Investment of 36.00%.

Looking Ahead to Earnings for United Rentals, Inc. (NYSE:URI)

United Rentals, Inc. (NYSE:URI) plunged -1.81% or -1.25 points during previous trade after opening at the price of $68.41, a total of 1.82M shares exchanged hands compared with its average trading volume of 1.78M shares. The stock has a market capitalization of $5.93B and it has 88.50M outstanding shares.

According to consensus agreement of 18 analysts United Rentals, Inc. (NYSE:URI) will report earnings per share of $1.82 in their quarterly report and it is expected to announce the company’s results on 7/20/2016 BMO. For the current quarter the company has highest EPS estimates of $2.13 and low forecast is $1.23. However a year ago for the same quarter the company has reported $1.95 earnings per share.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 3/2016, the consensus mean EPS was $1.19 while the company reported $1.40 EPS on 4/20/2016 BMO with a difference of 0.21 marking a surprise factor of 17.65%.

Previously for the quarter ended on 12/2015, United Rentals, Inc. (NYSE:URI)’s expected mean EPS was $2.35, the company reported its quarterly earnings per share of $2.19 on 1/27/2016 BMO, missing the analysts’ consensus estimate by -0.16 with surprise factor of 6.81%.

United Rentals, Inc. (NYSE:URI)’s mean EPS estimate was $2.35 for the quarter ended on 9/2015, while it reported EPS of $2.57 on 10/21/2015 BMO, beating the analysts’ consensus estimate by 0.22 with surprise factor of 9.36%.

Back on 7/22/2015 the company’s estimated EPS value was $1.83 and it reported $1.95 earnings per share (EPS) for the quarter ended on 6/2015. The company posted a positive surprise factor of 6.56% by 0.12.

United Rentals, Inc. (NYSE:URI)’s average EPS forecast for the current year is $7.66 according to 17 analysts making projections. The most expectant earnings per share estimate of the stock is set at $8.57 while the conservative estimates kept at $5.06 over the current year. Having a look at the historical EPS report, the company attained $8.02 EPS for the previous year. While revenue estimates for the current year is 1.4B, setting the highest revenues estimates of 1.42B and indicating lowest revenues at 1.35B according to agreement of 12 number of analysts. Current revenue movements show that, the company has set average revenue estimates of 5.67B covering forecast of 16 analysts. The company indicates a peak revenue level of 5.78B and 5.48B at bottom level.

Having a glance at growth estimates of the company, it has current quarter growth estimates of -6.70% whereas for next quarter it has -8.20% estimations over growth. Its forecasts over growth are -4.50% during current year while analysts’ growth estimation for the next year is 1.80%. Past 5 years growth of United Rentals, Inc. (NYSE:URI) observed at 34.35%, and for the next five years the analysts that follow this company are expecting its growth at 16.40%.

United Rentals, Inc. (NYSE:URI) reached at $67.93 price level during last trade its distance from 20 days simple moving average is 0.97%, and its distance from 50 days simple moving average is 0.99% while it has a distance of 5.01% from the 200 days simple moving average. On year trading price range hit the peak level of $80.79 and touched the lowest level of $41.90 and its distance from 52 week high is -15.92% and current price is above +62.12% from 52 week low.

Stock Earnings Estimates under Discussion: TE Connectivity Ltd (NYSE:TEL)

TE Connectivity Ltd (NYSE:TEL) plunged -0.20% or -0.12 points during previous trade after opening at the price of $59.64, a total of 2.23M shares exchanged hands compared with its average trading volume of 1.74M shares. The stock has a market capitalization of $21.19B and it has 357.50M outstanding shares.

According to consensus agreement of 11 analysts TE Connectivity Ltd (NYSE:TEL) will report earnings per share of $1.03 in their quarterly report and it is expected to announce the company’s results on 7/20/2016 BMO. For the current quarter the company has highest EPS estimates of $1.05 and low forecast is $1.04. However a year ago for the same quarter the company has reported $0.9 earnings per share.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 3/2016, the consensus mean EPS was $0.89 while the company reported $0.90 EPS on 4/20/2016 BMO with a difference of 0.01 marking a surprise factor of 1.12%.

Previously for the quarter ended on 12/2015, TE Connectivity Ltd (NYSE:TEL)’s expected mean EPS was $0.76, the company reported its quarterly earnings per share of $0.84 on 1/20/2016 BMO, beating the analysts’ consensus estimate by 0.08 with surprise factor of 10.53%.

TE Connectivity Ltd (NYSE:TEL)’s mean EPS estimate was $0.93 for the quarter ended on 9/2015, while it reported EPS of $0.90 on 10/28/2015 BMO, missing the analysts’ consensus estimate by -0.03 with surprise factor of 3.23%.

Back on 7/22/2015 the company’s estimated EPS value was $0.88 and it reported $0.90 earnings per share (EPS) for the quarter ended on 6/2015. The company posted a positive surprise factor of 2.27% by 0.02.

TE Connectivity Ltd (NYSE:TEL)’s average EPS forecast for the current year is $3.99 according to 11 analysts making projections. The most expectant earnings per share estimate of the stock is set at $4.16 while the conservative estimates kept at $3.85 over the current year. Having a look at the historical EPS report, the company attained $3.6 EPS for the previous year. While revenue estimates for the current year is 12.28B, setting the highest revenues estimates of 12.51B and indicating lowest revenues at 12.14B according to agreement of 11 number of analysts. Current revenue movements show that, the company has set average revenue estimates of 3.13B covering forecast of 9 analysts. The company indicates a peak revenue level of 3.24B and 3.1B at bottom level.

Having a glance at growth estimates of the company, it has current quarter growth estimates of 14.40% whereas for next quarter it has 33.30% estimations over growth. Its forecasts over growth are 10.80% during current year while analysts’ growth estimation for the next year is 9.50%. Past 5 years growth of TE Connectivity Ltd (NYSE:TEL) observed at 5.86%, and for the next five years the analysts that follow this company are expecting its growth at 15.00%.

TE Connectivity Ltd (NYSE:TEL) reached at $59.59 price level during last trade its distance from 20 days simple moving average is 2.16%, and its distance from 50 days simple moving average is 0.79% while it has a distance of -1.97% from the 200 days simple moving average. On year trading price range hit the peak level of $67.99 and touched the lowest level of $51.70 and its distance from 52 week high is -12.35% and current price is above +15.26% from 52 week low.

Will American Express Company (NYSE:AXP) Beat Earnings Estimates?

American Express Company (NYSE:AXP) soared 0.27% or +0.17 points during previous trade after opening at the price of $63.69, a total of 3.84M shares exchanged hands compared with its average trading volume of 5.31M shares. The stock has a market capitalization of $61.22B and it has 951.03M outstanding shares.

According to consensus agreement of 25 analysts American Express Company (NYSE:AXP) will report earnings per share of $1.95 in their quarterly report and it is expected to announce the company’s results on 7/20/2016 BMO. For the current quarter the company has highest EPS estimates of $2.14 and low forecast is $1.74. However a year ago for the same quarter the company has reported $1.42 earnings per share.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 3/2016, the consensus mean EPS was $1.36 while the company reported $1.45 EPS on 4/20/2016 BMO with a difference of 0.09 marking a surprise factor of 6.62%.

Previously for the quarter ended on 12/2015, American Express Company (NYSE:AXP)’s expected mean EPS was $1.13, the company reported its quarterly earnings per share of $1.23 on 1/21/2016 BMO, beating the analysts’ consensus estimate by 0.10 with surprise factor of 8.85%.

American Express Company (NYSE:AXP)’s mean EPS estimate was $1.31 for the quarter ended on 9/2015, while it reported EPS of $1.24 on 10/21/2015 BMO, missing the analysts’ consensus estimate by -0.07 with surprise factor of 5.34%.

Back on 7/22/2015 the company’s estimated EPS value was $1.33 and it reported $1.42 earnings per share (EPS) for the quarter ended on 6/2015. The company posted a positive surprise factor of 0.09% by 6.77.

American Express Company (NYSE:AXP)’s average EPS forecast for the current year is $5.57 according to 22 analysts making projections. The most expectant earnings per share estimate of the stock is set at $6.03 while the conservative estimates kept at $5.21 over the current year. Having a look at the historical EPS report, the company attained $5.38 EPS for the previous year. While revenue estimates for the current year is 32B, setting the highest revenues estimates of 32.86B and indicating lowest revenues at 29.42B according to agreement of 26 number of analysts. Current revenue movements show that, the company has set average revenue estimates of 8.33B covering forecast of 22 analysts. The company indicates a peak revenue level of 9.39B and 7.04B at bottom level.

Having a glance at growth estimates of the company, it has current quarter growth estimates of 37.30% whereas for next quarter it has -11.30% estimations over growth. Its forecasts over growth are 3.50% during current year while analysts’ growth estimation for the next year is -0.20%. Past 5 years growth of American Express Company (NYSE:AXP) observed at 7.11%, and for the next five years the analysts that follow this company are expecting its growth at 8.30%.

American Express Company (NYSE:AXP) reached at $64.16 price level during last trade its distance from 20 days simple moving average is 4.84%, and its distance from 50 days simple moving average is 2.02% while it has a distance of 0.12% from the 200 days simple moving average. On year trading price range hit the peak level of $81.66 and touched the lowest level of $50.27 and its distance from 52 week high is -20.00% and current price is above +28.89% from 52 week low.

Stock Estimates Watch: Morgan Stanley (NYSE:MS)

Morgan Stanley (NYSE:MS) plunged -0.07% or -0.02 points during previous trade after opening at the price of $27.95, a total of 21.51M shares exchanged hands compared with its average trading volume of 15.99M shares. The stock has a market capitalization of $54.99B and it has 1.94B outstanding shares.

According to consensus agreement of 24 analysts Morgan Stanley (NYSE:MS) will report earnings per share of $0.59 in their quarterly report and it is expected to announce the company’s results on 7/20/2016 BMO. For the current quarter the company has highest EPS estimates of $0.63 and low forecast is $0.48. However a year ago for the same quarter the company has reported $0.79 earnings per share.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 3/2016, the consensus mean EPS was $0.46 while the company reported $0.55 EPS on 4/18/2016 BMO with a difference of 0.09 marking a surprise factor of 19.57%.

Previously for the quarter ended on 12/2015, Morgan Stanley (NYSE:MS)’s expected mean EPS was $0.35, the company reported its quarterly earnings per share of $0.43 on 1/19/2016 BMO, beating the analysts’ consensus estimate by 0.08 with surprise factor of 22.86%.

Morgan Stanley (NYSE:MS)’s mean EPS estimate was $0.64 for the quarter ended on 9/2015, while it reported EPS of $0.34 on 10/19/2015 BMO, missing the analysts’ consensus estimate by -0.30 with surprise factor of 46.88%.

Back on 7/20/2015 the company’s estimated EPS value was $0.73 and it reported $0.79 earnings per share (EPS) for the quarter ended on 6/2015. The company posted a positive surprise factor of 8.22% by 0.06.

Morgan Stanley (NYSE:MS)’s average EPS forecast for the current year is $0.3 according to 28 analysts making projections. The most expectant earnings per share estimate of the stock is set at $2.67 while the conservative estimates kept at $1.8 over the current year. Having a look at the historical EPS report, the company attained $2.7 EPS for the previous year. While revenue estimates for the current year is 32.12B, setting the highest revenues estimates of 33.67B and indicating lowest revenues at 29.61B according to agreement of 24 number of analysts. Current revenue movements show that, the company has set average revenue estimates of 8.3B covering forecast of 21 analysts. The company indicates a peak revenue level of 8.53B and 7.72B at bottom level.

Having a glance at growth estimates of the company, it has current quarter growth estimates of -25.30% whereas for next quarter it has 73.50% estimations over growth. Its forecasts over growth are -14.80% during current year while analysts’ growth estimation for the next year is 24.30%. Past 5 years growth of Morgan Stanley (NYSE:MS) observed at -0.73%, and for the next five years the analysts that follow this company are expecting its growth at 7.85%.

Morgan Stanley (NYSE:MS) reached at $28.19 price level during last trade its distance from 20 days simple moving average is 7.79%, and its distance from 50 days simple moving average is 7.13% while it has a distance of 0.50% from the 200 days simple moving average. On year trading price range hit the peak level of $41.04 and touched the lowest level of $21.16 and its distance from 52 week high is -29.93% and current price is above +33.95% from 52 week low.

Analysts Take on Bank of New York Mellon Corp (NYSE:BK) Share Price History

Bank of New York Mellon Corp (NYSE:BK) plunged -0.55% during previous trade, a total of 3.43M shares exchanged hands compared with its average trading volume of 5.77M shares. The stock has a market capitalization of $42.94B along with 1.08B outstanding shares. On year trading price range hit the peak level of $45.45 and touched the lowest level of $32.20.

Most recently the company’s price target was revised on 07/12/16 and according to 18 analysts stock’s price will reach at $43.49 during 52 weeks with standard deviation of 3.32. Stock’s minimum price target estimates has been figured out at $49.00 while the maximum price target forecast is established at $38.00, if we look at the price target with an optimistic approach it has upside potential of 23% from its latest closing price of $39.66.

Historically, if we look at price target revisions during last one month, three weeks ago stock’s price target was revised on 06/24/16 by the analysts. The bullish price estimates of the stock is set at $51.00 while the bearish estimates kept at $39.00 over the next one year. Stock’s 52-week target was retained at $45.36, the estimates indicates a standard deviation of 3.29. After that the stock’s target price was revised on 06/30/16, approximately two weeks ago. Bank of New York Mellon Corp (NYSE:BK) highest price target was set at $51.00 and lowest target was at $39.00. The company’s one year price target was secure at $45.36 and its standard deviation of 3.29. Moreover one week ago on 07/08/16 the company’s price target was revised at $44.73 with 52 week price target range of $49.00 – $39.00. The estimates signifies a standard deviation of 2.83.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.05. ABR value is precisely based on brokerage recommendations, where out of 14 brokerage recommendations 6 rate Bank of New York Mellon Corp (NYSE:BK) stock a Strong Buy, 2 rate the stocks of the company a Buy, 5 rate Hold, 1 rate Sell and 0 recommend a Strong Sell. Most recently on 1/7/2016 the stock of Bank of New York Mellon Corp (NYSE:BK) upgraded by JP Morgan from Neutral to Overweight. However previously on 9/17/2015 it was upgraded by BofA/Merrill from Neutral to Buy. A research note issued on 9/9/2015 the stock was upgraded by Deutsche Bank from Hold to Buy.

Bank of New York Mellon Corp (NYSE:BK) performance over the past one year plunged -5.16%, during the last six months the stock rose 12.61%. Quarterly performance of the company shows optimistic momentum of 4.67% while its last one month trend is negative with -0.57%. Stock’s weekly performance expressed up trend of 3.47%.

According to consensus agreement of 18 analysts Bank of New York Mellon Corp (NYSE:BK) will report earnings per share of $0.75 in their quarterly report and it is expected to announce the company’s results on 7/21/2016 BMO. For the current quarter the company has high EPS estimates of $0.78 in contradiction of low EPS estimates of $0.72. However a year ago for the same quarter the company has reported $0.77 EPS.

Stock under Review: Southwest Airlines Co (NYSE:LUV)

Southwest Airlines Co (NYSE:LUV) plunged -0.56% during previous trade, a total of 4.80M shares exchanged hands compared with its average trading volume of 7.27M shares. The stock has a market capitalization of $27.42B along with 638.69M outstanding shares. On year trading price range hit the peak level of $51.34 and touched the lowest level of $32.94.

Most recently the company’s price target was revised on 07/12/16 and according to 12 analysts stock’s price will reach at $52.54 during 52 weeks with standard deviation of 7.36. Stock’s minimum price target estimates has been figured out at $46.00 while the maximum price target forecast is established at $59.00, if we look at the price target with an optimistic approach it has upside potential of 37% from its latest closing price of $42.71.

Historically, if we look at price target revisions during last one month, three weeks ago stock’s price target was revised on 06/24/16 by the analysts. The bullish price estimates of the stock is set at $67.00 while the bearish estimates kept at $48.00 over the next one year. Stock’s 52-week target was retained at $55.11, the estimates indicates a standard deviation of 6.77. After that the stock’s target price was revised on 06/29/16, approximately two weeks ago. Southwest Airlines Co (NYSE:LUV) highest price target was set at $67.00 and lowest target was at $48.00. The company’s one year price target was secure at $55.11 and its standard deviation of 6.77. Moreover one week ago on 07/06/16 the company’s price target was revised at $55.00 with 52 week price target range of $67.00 – $48.00. The estimates signifies a standard deviation of 6.75.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.55. ABR value is precisely based on brokerage recommendations, where out of 11 brokerage recommendations 8 rate Southwest Airlines Co (NYSE:LUV) stock a Strong Buy, 0 rate the stocks of the company a Buy, 3 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 4/15/2016 the stock of Southwest Airlines Co (NYSE:LUV) upgraded by Barclays from Underweight to Equal Weight. However previously on 1/7/2016 it was upgraded by Morgan Stanley from Underweight to Equal-Weight. A research note issued on 7/30/2015 the stock was upgraded by JP Morgan from Neutral to Overweight.

Southwest Airlines Co (NYSE:LUV) performance over the past one year advanced 25.17%, during the last six months the stock rose 9.03%. Quarterly performance of the company shows declining momentum of -8.10% while its last one month trend is positive with 8.55%. Stock’s weekly performance expressed up trend of 5.21%.

According to consensus agreement of 13 analysts Southwest Airlines Co (NYSE:LUV) will report earnings per share of $1.21 in their quarterly report and it is expected to announce the company’s results on 7/21/2016 BMO. For the current quarter the company has high EPS estimates of $1.28 in contradiction of low EPS estimates of $1.17. However a year ago for the same quarter the company has reported $1.03 EPS.