Danny Forster

Momentum Stocks: Valeant Pharmaceuticals Intl Inc (NYSE:VRX), Pfizer Inc. (NYSE:PFE)

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) went down -1.54% or -0.45 points to reach at $28.74 during the course of previous trade. The stock traded in the range of $28.52 – $29.59 during its most recent trading session. The stock has total market worth of $9.65B and it has total of 341.19M outstanding shares. Relative strength index (RSI-14) for Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is at 63.18.

Historically the stock has climbed 15.33% in the past week and soared 17.40% in the last four weeks, the stock illustrate that its three months performance stands at 4.62% while its year to date performance is at -71.73%. Stock’s price oscillated from $18.55 to $245.82 during past twelve months. The stock is now trading at a distance of 18.28% from SMA-20. The stock is presently trading 23.97% above from its SMA-50. In the current trading session, the stock’s price moved -47.57% below from its SMA-200. If we take a look on its volatility, 6.27 percent was seen in a week and for the month it was 5.36 percent. Stock’s beta value stands at 0.10 and its ATR value is at 1.75.

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) on August 18, 2016 announced that it has obtained the requisite lender approval for an amendment to its credit facility.  The Company expects to close the amendment next week, subject to customary closing conditions. The amendment will:

  • reduce the interest coverage maintenance covenant to 2.0x, providing additional headroom
  • provide additional flexibility to sell assets
  • permit the issuance of secured notes with shorter maturities to repay term loans
  • permit the incurrence of other debt to repay term loans

The Company has also agreed to increase each of the applicable interest rate margins on its credit facility by 0.50% and to pay an amendment fee equal to 0.25% of the aggregate principal amount of each consenting lender’s outstanding loans and commitments under the credit facility.

Pfizer Inc. (NYSE:PFE) slipped -0.60% or -0.21 points in order to take the company’s stock at the price of $35.98 during previous trading session. Stock’s price oscillated between $34.83 and $35.12 for intra-day trading. Relative strength index (RSI-14) for Pfizer Inc. (NYSE:PFE) is at 44.25. It has total market capitalization of $210.91B.

Historically the stock has 0.00% in the past week and plunged -3.92% in the last four weeks, the stock illustrate that its three months performance stands at 4.54% while its year to date performance is at 11.35%. The stock hit the peak price level of one year at $37.39 and touched the minimum level of $28.25. Shares are trading -5.67% off from the 52-week high price and +27.27% above from the 52-week bottom price level. The stock is now trading at a distance of -1.94% from SMA-20. The stock is presently trading -1.06% below from its SMA-50. In the current trading session, the stock’s price moved 8.42% above from its SMA-200. The company has a Return on Assets of 4.20%. The company currently has a Return on Equity of 10.90% and a Return on Investment of 7.30%.

Pfizer Inc. (NYSE:PFE) on August 20, 2016 announced that the U.S. Food and Drug Administration (FDA) has approved TROXYCA ER (oxycodone hydrochloride and naltrexone hydrochloride) extended-release capsules, for oral use, CII for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. TROXYCA ER has properties that are expected to reduce abuse when crushed and administered by the oral and intranasal routes. However, abuse of TROXYCA ER by these routes is still possible.

TROXYCA ER extended-release capsules contain pellets that consist of oxycodone hydrochloride, an opioid agonist, which surround sequestered naltrexone hydrochloride, an opioid antagonist. When taken as directed, the naltrexone is intended to remain sequestered and patients receive oxycodone in an extended-release manner. Studies demonstrated that when the pellets are crushed the sequestered naltrexone is released and is available to counteract the effects of oxycodone.

The abuse-deterrent features of TROXYCA ER were demonstrated in a battery of in vitro laboratory studies and three clinical abuse-potential studies utilizing crushed TROXYCA ER by oral and intranasal routes of administration and the IV route (with simulated TROXYCA ER).

Technology Stocks to Lookout: Western Digital Corp (NASDAQ:WDC), MeetMe Inc (NASDAQ:MEET)

Western Digital Corp (NASDAQ:WDC) went up 1.72% or +0.79 points to reach at $46.60 during the course of previous trade. The stock traded in the range of $45.60 – $47.29 during its most recent trading session. The stock has total market worth of $11.04B and it has total of 233.00M outstanding shares. Relative strength index (RSI-14) for Western Digital Corp (NASDAQ:WDC) is at 49.00.

Historically the stock has climbed 5.17% in the past week and plunged -9.78% in the last four weeks, the stock illustrate that its three months performance stands at 19.15% while its year to date performance is at -20.69%. Stock’s price oscillated from $34.99 to $86.39 during past twelve months. The stock is now trading at a distance of -1.13% from SMA-20. The stock is presently trading -2.18% below from its SMA-50. In the current trading session, the stock’s price moved -4.01% below from its SMA-200. If we take a look on its volatility, 2.75 percent was seen in a week and for the month it was 3.23 percent. Stock’s beta value stands at 1.37 and its ATR value is at 1.47.

Western Digital Corp (NASDAQ:WDC) on August 18, 2016 announced that it has successfully priced $3.0 billion of new U.S. dollar-denominated term B loans at an interest rate of LIBOR + 3.75%, which priced 175 basis points lower than its previous term B loans issued earlier this year in connection with the company’s acquisition of SanDisk Corporation. In connection with this transaction, Western Digital settled the previous U.S. dollar-denominated term B loans with the proceeds of this new loan and a voluntary cash prepayment of $750 million. The new financing is expected to generate annual interest savings of approximately $128 million beginning on Aug. 17, 2016. This reflects annual cash interest savings of approximately $100 million resulting from both the 175 basis point reduction in interest spread and the $750 million reduction in principal as well as annual non-cash interest savings of approximately $28 million from reduced amortization of debt issuance costs associated with the previous term B loans. The new term loans have the same remaining tenor as the previous U.S. dollar-denominated term B loans and mature on April 29, 2023.

MeetMe Inc (NASDAQ:MEET) slipped -0.77% or -0.04 points in order to take the company’s stock at the price of $5.15 during previous trading session. Stock’s price oscillated between $5.05 and $5.38 for intra-day trading. Relative strength index (RSI-14) for MeetMe Inc (NASDAQ:MEET) is at 36.37. It has total market capitalization of $272.38M.

Historically the stock has slipped -29.84% in the past week and plunged -19.91% in the last four weeks, the stock illustrate that its three months performance stands at 58.95% while its year to date performance is at 43.85%. The stock hit the peak price level of one year at $8.11 and touched the minimum level of $1.47. Shares are trading -36.50% off from the 52-week high price and +250.34% above from the 52-week bottom price level. The stock is now trading at a distance of -23.69% from SMA-20. The stock is presently trading -13.30% below from its SMA-50. In the current trading session, the stock’s price moved 33.81% above from its SMA-200. The company has a Return on Assets of 3030%. The company currently has a Return on Equity of 32.50% and a Return on Investment of 6.90%.

MeetMe Inc (NASDAQ:MEET) on August 17, 2016 reiterated its financial guidance for the third quarter and full year of 2016 in response to recent volatility in the Company’s share price and in anticipation of upcoming investor meetings.

MeetMe Third Quarter 2016 Guidance

  • Revenue for the quarter is expected to be in the range of $17.0 million and $17.5 million, representing growth of between 19% and 22% year over year.
  • Adjusted EBITDA for the quarter is expected to be in the range of $6.5 million and $7.0 million, representing growth of between 25% and 35% year over year.

MeetMe Full Year 2016 Guidance

  • Revenue for the year is expected to be in the range of $66.0 million to $68.0 million, representing growth of between 16% and 20% year over year.
  • Adjusted EBITDA for the year is expected to be in the range of $25.0 million to $27.0 million, representing growth of between 24% to 33% year over year.

Technology Stocks under Discussion: AT&T Inc. (NYSE:T), Microsoft Corporation (NASDAQ:MSFT)

AT&T Inc. (NYSE:T) went down -0.94% or -0.39 points to reach at $41.01 during the course of previous trade. The stock traded in the range of $40.69 – $41.25 during its most recent trading session. The stock has total market worth of $249.92B and it has total of 6.15B outstanding shares. Relative strength index (RSI-14) for AT&T Inc. (NYSE:T) is at 0.51.

Historically the stock has slipped -5.24% in the past week and plunged -3.55% in the last four weeks, the stock illustrate that its three months performance stands at 7.85% while its year to date performance is at 23.73%. Stock’s price oscillated from $30.97 to $43.89 during past twelve months. The stock is now trading at a distance of -4.28% from SMA-20. The stock is presently trading -2.65% below from its SMA-50. In the current trading session, the stock’s price moved 9.92% above from its SMA-200. If we take a look on its volatility, 1.65 percent was seen in a week and for the month it was 1.17 percent. Stock’s beta value stands at 0.25 and its ATR value is at 0.51.

AT&T Inc. (NYSE:T) on August 19, 2016 reported that is donating $100,000 to two organizations to help restore Louisiana following the recent floods. The contribution will be divided between the Baton Rouge Area Foundation and DonorsChoose.org.

Baton Rouge Area Foundation will receive $50,000 towards its Louisiana Flood Relief Fund. This supports aid to those in the Baton Rouge region where needs are the greatest. DonorsChoose.org will also receive a $50,000 contribution to help restore K-12 schools impacted by the flooding.

AT&T wireless customers can text “RELIEF” to 80077 to donate $10 to Baton Rouge Area Foundation Louisiana Flood Relief Fund. This money will support those affected and the most urgent local needs as the community is restored. No text message fees apply. Your $10 donation will appear on your wireless bill or be deducted from your prepaid balance.

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

Microsoft Corporation (NASDAQ:MSFT) rose 0.03% or +0.02 points in order to take the company’s stock at the price of $57.43 during previous trading session. Stock’s price oscillated between $57.20 and $57.73 for intra-day trading. Relative strength index (RSI-14) for Microsoft Corporation (NASDAQ:MSFT) is at 67.45. It has total market capitalization of $449.16B.

Historically the stock has climbed 0.07% in the past week and soared 3.91% in the last four weeks, the stock illustrate that its three months performance stands at 14.54% while its year to date performance is at 5.99%. The stock hit the peak price level of one year at $58.50 and touched the minimum level of $39.72. Shares are trading -0.89% off from the 52-week high price and +49.04% above from the 52-week bottom price level. The stock is now trading at a distance of 1.10% from SMA-20. The stock is presently trading 7.50% above from its SMA-50. In the current trading session, the stock’s price moved 9.63% above from its SMA-200. The company has a Return on Assets of 12.00%. The company currently has a Return on Equity of 29.00% and a Return on Investment of 13.50%.

Microsoft Corporation (NASDAQ:MSFT) on August 3, 2016 announced that for $76.5 million, it has acquired the remaining 34 percent interest it did not already own in the filter joint venture it created with Panasonic in 2014. At the core of the joint venture was Panasonic’s engineering and process talent, expertise in filter design and leading edge products, as well as 412 fundamental filter patents and patent applications for surface acoustic wave (SAW) and temperature compensated (TC) SAW devices. In August 2015, Skyworks expanded its production capacity with the addition of a 405,000 square foot facility in Osaka to help meet the growing demand for highly integrated solutions leveraging filter technology. To date, total production has exceeded more than two billion filters. The acquisition is not expected to impact Skyworks’ consolidated financial statements as operations have been consolidated with Skyworks’ financial statements since the date of the initial joint venture.

According to a recent Research and Markets report, the global radio frequency filter market is expected to grow at a CAGR of 15 percent during the period 2016-2020 and the rise in the number of frequency bands, modulation schemes and power amplifier modes to support increased mobile data traffic is resulting in high RF front-end complexity.

Analyst Outlook: Antero Resources Corp (NYSE:AR)

Antero Resources Corp (NYSE:AR) plunged -1.68% during previous trade, a total of 3.66M shares exchanged hands compared with its average trading volume of 3.46M shares whereas its relative volume is 0.97. The stock has a market capitalization of $8.44B along with 307.19M outstanding shares. Stock’s intraday price range hit the peak level of $27.51 and touched the lowest level of $26.86.

Most recently Antero Resources Corp (NYSE:AR)’s price target was revised on 08/19/16 and according to 28 analysts stock’s price will reach at $33.18 during 52 weeks with standard deviation of 3.87. Stock’s minimum price target estimates has been figured out at $26.00 while the maximum price target forecast is established at $39.00, if we look at the price target with an optimistic approach it has upside potential of 45% from its latest closing price of $26.98.

Historically, if we look at price target revisions, three weeks ago Antero Resources Corp (NYSE:AR)’s price target was revised on 07/22/16 by the analysts, however the bullish price estimates of the stock set at $40.00 while the bearish estimates kept at $20.00 over the next one year. Stock’s 52-week target was retained at $31.24, the estimates indicates a standard deviation of 4.91.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.90. ABR value is precisely based on brokerage recommendations, where out of 20 brokerage recommendations 10 rate Antero Resources Corp (NYSE:AR) stock a Strong Buy, 2 rate the stocks of the company a Buy, 8 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 8/15/2016 the stock of Antero Resources Corp (NYSE:AR) downgraded by Jefferies from Hold to Underperform. However previously on 7/21/2016 it was upgraded by Robert W. Baird from Neutral to Outperform. A research note issued on 7/18/2016 the stock was upgraded by        Seaport Global Securities from Neutral to Buy.

Antero Resources Corp (NYSE:AR) performance over the past one year advanced 6.30%, during the last six months the stock rose 11.07%. Quarterly performance of the company shows optimistic momentum of 1.93% while its last one month trend is positive with 3.21%. Stock’s weekly performance expressed down trend of -1.60%.

The company’s price sits -0.12% below from its 50-day moving average of $26.67 and 7.75% far from the stock’s 200-day moving average which is $26.35. Antero Resources Corp (NYSE:AR)’s shares are currently trading -12.00% away from the 52-week high price of $30.66 and +45.84% far from the 52-week low price of $18.50.

According to consensus agreement of 29 analysts Antero Resources Corp (NYSE:AR) will report earnings per share of $0.13 in their quarterly report and it is expected to announce the company’s results on 10/26/16. For the current quarter the company has high EPS estimates of $0.24 in contradiction of low EPS estimates of $0.01. However a year ago for the same quarter the company has reported $0.05 EPS. Current year EPS projections for Antero Resources Corp (NYSE:AR) are set at $0.61 according to the sentiments of 28 analysts, while its lowest earnings estimates are $0.39 and highest earnings estimates are $0.88.

According to 17 analysts, Antero Resources Corp (NYSE:AR)’s revenue estimates for the current quarter are $688.46 million meanwhile the company has high revenue estimates of $768 million in contradiction of low revenue estimates of $557.5 million. For the current year the company’s revenue estimates are $2.62 billion compared to low analyst estimates of $2.62 billion and high estimates of $1.43 billion according to the projection of 10 analysts.

What Analysts Suggest About Restoration Hardware Holdings Inc (NYSE:RH)?

Restoration Hardware Holdings Inc (NYSE:RH) rose 11.21% during previous trade. Goldman issued rating on the stock of Restoration Hardware Holdings Inc (NYSE:RH) in a research note issued to investors on Aug-19-16, the stock received “Upgrade” rating from Hold to Buy. Additionally Deutsche Bank issued their Verdict on the stock of the company, on record date of Jun-28-16 the stock was “Reiterated” as Hold from $35 to $28 besides that on Jun-09-16 Restoration Hardware Holdings Inc (NYSE:RH) was “Downgraded” by UBS from Buy to Neutral from $50 to $32. Furthermore on Jun-09-16 the stock was “Downgraded” by Telsey Advisory Group from Outperform to Market Perform from $49 to $30.

Restoration Hardware Holdings Inc (NYSE:RH) shares ended last trading session at the price of $34.22 whereas a number of traders indicating mean target price will hit $36.54 over the next twelve months, mean value of price target most recently revised on 06/30/16. Restoration Hardware Holdings Inc (NYSE:RH)’s highest estimates of price target are $60.00 and low forecast is $21.00 based on the opinion of 13 analysts. The price target estimates represents a standard deviation of 10.40. However brokerage recommendations suggests an ABR of 2.73 based on calls of 15 experts, where 3 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 11 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.

Restoration Hardware Holdings Inc (NYSE:RH) is expected to release the earnings of its current quarter on 9/8/16. The company is expected to release $0.29 EPS for current quarter according to 19 analysts whereas the company reported $0.85 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $0.25 and high estimate of $0.32. For the current year Restoration Hardware Holdings Inc (NYSE:RH) has set to release EPS of $1.66 as per the sentiments of 20 analysts, however according to 20 analysts, the company expected to release $2.33 EPS for next year.

Restoration Hardware Holdings Inc (NYSE:RH)’s average revenue estimates for the current quarter are 511.8M according to 17 number of analysts. However its lowest revenue estimates are 503.4M and highest revenue estimates are 520.24M. A year ago the company’s sales were 506.94M. Its yearly sales growth estimates are 1.00%. For the next quarter the company has anticipated average revenues of 539.57M, according to the sentiments of 17 analysts. For the current year the company has fixed 2.18B revenues, as per the opinion of 19 analysts. For the current year the company has low revenue estimates of 2.13B in contradiction of high revenue estimates of 2.37B. Whereas for the next year revenues are set at 2.36B by 19 analysts.

The stock exchanged hands 1.427.38M shares versus average trading capacity of M shares, while its shares’ total market worth is $B along with M outstanding shares. Restoration Hardware Holdings Inc (NYSE:RH) shares were trading -67.87% below from the 52-week high price mark of $106.49 and +38.26% above from the 52-week price bottom of $24.75. However the company observed 52 week high price on 11/04/15 and witnessed 52 week low price on 06/14/16. The company’s price sits 18.49% above from its 50-day moving average of $30.01 and -32.25% away from the stock’s 200-day moving average which is $36.71. Restoration Hardware Holdings Inc (NYSE:RH)’s price to sales ratio for trailing twelve month stands at 0.63, whereas its price to book ratio for most recent quarter sits at 1.58. However the company’s price to cash per share for most recent quarter stands at 4.00.

Analysts Concerns on: United States Steel Corporation (NYSE:X)

United States Steel Corporation (NYSE:X) fell -6.56% during previous trade. KeyBanc Capital Mkts issued rating on the stock of United States Steel Corporation (NYSE:X) in a research note issued to investors on Aug-19-16, the stock received “Downgrade” rating from Sector Weight to Underweight. Additionally Rosenblatt issued their Verdict on the stock of the company, on record date of Aug-15-16 the stock was “Reiterated” from as from $35 to $32 besides that on Aug-05-16 United States Steel Corporation (NYSE:X) was “Upgraded” by Jefferies from Underperform to Hold. Furthermore on Aug-03-16 the stock was “Reiterated” by Barclays as Equal Weight from $16 to $22.

United States Steel Corporation (NYSE:X) shares ended last trading session at the price of $20.38 whereas a number of traders indicating mean target price will hit $21.73 over the next twelve months, mean value of price target most recently revised on 08/14/16. United States Steel Corporation (NYSE:X)’s highest estimates of price target are $32.00 and low forecast is $14.00 based on the opinion of 13 analysts. The price target estimates represents a standard deviation of 4.08. However brokerage recommendations suggests an ABR of 3.42 based on calls of 12 experts, where 1 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 7 suggest Hold, 1 are rating the stock as Sell while 3 as Strong Sell.

United States Steel Corporation (NYSE:X) is expected to release the earnings of its current quarter on 11/1/16. The company is expected to release $0.87 EPS for current quarter according to 15 analysts whereas the company reported $-0.7 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $0.08 and high estimate of $1.4. For the current year United States Steel Corporation (NYSE:X) has set to release EPS of $-0.76 as per the sentiments of 13 analysts, however according to 17 analysts, the company expected to release $1.67 EPS for next year.

United States Steel Corporation (NYSE:X)’s average revenue estimates for the current quarter are 2.84B according to 9 number of analysts. However its lowest revenue estimates are 2.73B and highest revenue estimates are 2.93B. A year ago the company’s sales were 2.83B. Its yearly sales growth estimates are 0.40%. For the next quarter the company has anticipated average revenues of 2.82B, according to the sentiments of 9 analysts. For the current year the company has fixed 10.55B revenues, as per the opinion of 13 analysts. For the current year the company has low revenue estimates of 10.28B in contradiction of high revenue estimates of 10.84B. Whereas for the next year revenues are set at 11.44B by 12 analysts.

The stock exchanged hands 18.57M shares versus average trading capacity of 15.14M shares, while its shares’ total market worth is $3.43B along with 165.61M outstanding shares. United States Steel Corporation (NYSE:X) shares were trading -26.13% below from the 52-week high price mark of $27.59 and +235.05% above from the 52-week price bottom of $6.08. However the company observed 52 week high price on 07/29/16 and witnessed 52 week low price on 01/28/16. The company’s price sits -1.16% below from its 50-day moving average of $22.30 and 45.94% far from the stock’s 200-day moving average which is $16.57. United States Steel Corporation (NYSE:X)’s price to sales ratio for trailing twelve month stands at 0.31, whereas its price to book ratio for most recent quarter sits at 1.56. However the company’s price to cash per share for most recent quarter stands at 3.93. Its price to free cash flow for trailing twelve months is 51.12.

Insider Trading and Analyst Recommendations Update: Corrections Corp Of America (NYSE:CXW)

Corrections Corp Of America (NYSE:CXW) exchanged hands 26.71M shares versus average trading capacity of 2.37M shares, while its shares’ total market worth is $1.45B along with 117.52M outstanding shares.

The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For Corrections Corp Of America (NYSE:CXW) total 1 number of trades held during last 3 months and 52 during last 12 months, out of them 1 numbers of buys held in last 3 months and 24 buys in last 12 months. Whereas 0 numbers of sells held in last 3 months and 28 sells over the past 12 months.

Insiders has most recently took part in a trading activity, Emkes Mark A, Director of the company in a transaction that occurred 8/18/2016   bought 10,000 shares of the stock. The stock was bought at a price of $17.19, for a total value of $171,889. Subsequent to the transaction Emkes Mark A owned a total of 20,755 shares of the stock.

In a separate transaction on 8/18/2016, Irwin Scott D, EVP, General Counsel and Secy bought 300 shares of the stock. The stock was bought at a price of $17.00, for a total worth of $5,100. Succeeding to the transaction Irwin Scott D owned overall 400 shares of the stock.

Moreover, Hininger Damon T, President and CEO bought 2,870 shares of the stock in a reserved transaction that ensued on 8/18/2016. At a price of $16.60, the stock was bought for an entire value of $47,652. Consequent to the transaction Hininger Damon T owned a total of 200,331 shares of the stock.

Currently, 0.60% shares of Corrections Corp Of America (NYSE:CXW) are owned by insiders with -9.20% six-month change in the insider ownership. Russell Joseph V is one of the major insider shareholder of the company’s stock, the insider owns 248,806 shares reported on Dec 9, 2015. Hininger Damon T is second leading insider shareholder, as of Feb 25, 2016 the insider owns 197,461 shares of the stock. Jacobi C Michael is another major insider shareholder of the stock, as per record date of Feb 19, 2016 insider owns 81,286 shares of the stock.

Corrections Corp Of America (NYSE:CXW) ended last trading session at the price of $19.08 whereas a number of traders indicating mean target price will hit $32.00 over the next twelve months, mean value of price target most recently revised on 08/04/16. Corrections Corp Of America (NYSE:CXW)’s highest estimates of price target are $34.00 and low forecast is $30.00 based on the opinion of 2 analysts. The price target estimates represents a standard deviation of 0.00. However brokerage recommendations suggests an ABR of 3.00 based on calls of 2 experts, where 0 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 2 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

Corrections Corp Of America (NYSE:CXW) is expected to release the earnings of its current quarter on 11/2/16. The company is expected to release $0.68 EPS during current quarter according to 3 analysts whereas the company reported $0.64 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $0.67 and high estimate of $0.69. Corrections Corp Of America (NYSE:CXW)’s average revenue estimates for the current quarter are 470.72M according to 3 number of analysts. However its lowest revenue estimates are 464.8M and highest revenue estimates are 476.07M. A year ago the company’s sales were 459.96M. Its yearly sales growth estimates are 2.30%.

Analyst’s Keeping an Eye on: Exelon Corporation (NYSE:EXC)

Exelon Corporation (NYSE:EXC) plunged -0.98% during previous trade, a total of 4.80M shares exchanged hands compared with its average trading volume of 5.15M shares whereas its relative volume is 0.93. The stock has a market capitalization of $31.84B along with 923.00M outstanding shares. Stock’s intraday price range hit the peak level of $34.65 and touched the lowest level of $34.14.

Most recently Exelon Corporation (NYSE:EXC)’s price target was revised on 08/16/16 and according to 17 analysts stock’s price will reach at $38.59 during 52 weeks with standard deviation of 3.22. Stock’s minimum price target estimates has been figured out at $29.00 while the maximum price target forecast is established at $42.00, if we look at the price target with an optimistic approach it has upside potential of 22% from its latest closing price of $34.37.

Historically, if we look at price target revisions, three weeks ago Exelon Corporation (NYSE:EXC)’s price target was revised on 07/22/16 by the analysts, however the bullish price estimates of the stock set at $41.00 while the bearish estimates kept at $32.00 over the next one year. Stock’s 52-week target was retained at $37.33, the estimates indicates a standard deviation of 2.92.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.00. ABR value is precisely based on brokerage recommendations, where out of 12 brokerage recommendations 6 rate Exelon Corporation (NYSE:EXC) stock a Strong Buy, 0 rate the stocks of the company a Buy, 6 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 7/22/2016 the stock of Exelon Corporation (NYSE:EXC) upgraded by Deutsche from Hold to Buy. However previously on 3/7/2016 it was upgraded by Argusfrom Hold to Buy. A research note issued on 2/23/2016 the stock was downgraded by Citigroupfrom Neutral to Sell.

Exelon Corporation (NYSE:EXC) performance over the past one year advanced 5.69%, during the last six months the stock rose 10.43%. Quarterly performance of the company shows optimistic momentum of 1.20% while its last one month trend is negative with -4.88%. Stock’s weekly performance expressed down trend of -1.63%.

The company’s price sits -3.00% below from its 50-day moving average of $36.15 and 7.66% far from the stock’s 200-day moving average which is $34.58. Exelon Corporation (NYSE:EXC)’s shares are currently trading -8.01% away from the 52-week high price of $37.36 and +40.85% far from the 52-week low price of $24.40.

According to consensus agreement of 11 analysts Exelon Corporation (NYSE:EXC) will report earnings per share of $0.75 in their quarterly report and it is expected to announce the company’s results on 11/4/16. For the current quarter the company has high EPS estimates of $0.89 in contradiction of low EPS estimates of $0.69. However a year ago for the same quarter the company has reported $0.83 EPS. Current year EPS projections for Exelon Corporation (NYSE:EXC) are set at $2.56 according to the sentiments of 15 analysts, while its lowest earnings estimates are $2.5 and highest earnings estimates are $2.71.

According to 5 analysts, Exelon Corporation (NYSE:EXC)’s revenue estimates for the current quarter are $7.46 billion meanwhile the company has high revenue estimates of $8.76 billion in contradiction of low revenue estimates of $6.73 billion. For the current year the company’s revenue estimates are $29.58 billion compared to low analyst estimates of $24.28 billion and high estimates of $32.65 billion according to the projection of 12 analysts.

Stock’s Earnings in Focus: Foot Locker, Inc. (NYSE:FL)

Shares of Foot Locker, Inc. (NYSE:FL) jumped 11.06% to reach at $68.49 during the course of session. The company has experienced volume of 11.83M shares while on average the company has a capacity of trading 1.89M shares.

Foot Locker, Inc. (NYSE:FL) on August 19, 2016 reported financial results for its second quarter ended July 30, 2016.

Second Quarter Results

Net income for the Company’s second quarter ended July 30, 2016 was $127 million, or $0.94 per share, compared with net income of $119 million, or $0.84 per share, last year.  Second quarter comparable-store sales increased 4.7 percent.  Total sales increased 5.0 percent, to $1,780 million this year, compared with sales of $1,695 million for the corresponding prior-year period.  Excluding the effect of foreign currency fluctuations, total sales for the second quarter increased 5.4 percent.

The Company’s gross margin rate improved to 33.0 percent of sales from 32.6 percent a year ago, while the selling, general, and administrative expense rate increased to 19.7 percent of sales from 19.5 percent.

Year-To-Date Results

Net income for the Company’s first six months of the year increased to $318 million, or $2.33 per share, compared to net income of $303 million, or $2.14 per share, for the corresponding period in 2015.  Earnings per share for the six-month period increased 8.9 percent compared to the same period in 2015.  Year-to-date sales were $3,767 million, an increase of 4.3 percent compared to sales of $3,611 million in the corresponding six-month period of 2015.  Year-to-date comparable store sales have increased 3.7 percent.  Excluding the effect of foreign currency fluctuations, total year-to-date sales increased by 4.6 percent.

Financial Position

At July 30, 2016, the Company’s merchandise inventories were $1,339 million, 1.7 percent higher than at the end of the second quarter last year.  Using constant currencies, inventory increased 1.9 percent.

The Company’s cash totaled $945 million, while the debt on its balance sheet was $129 million.  The Company spent approximately $188 million to repurchase 3.35 million shares during the quarter and paid a quarterly dividend of $0.275, spending $37 million.

Foot Locker, Inc. (NYSE:FL) holds the market capitalization of $9.46B along with 135.99M outstanding shares. During the last trade, stock’s minimum price has been reached out at $64.11 while the maximum trading price moved at $69.00. For the stock, price target value has been calculated at $72.68 based on calls of 19 experts. Stock’s minimum price target estimates has been figured out at $61.00 while the maximum price target forecast is established at $83.00. Currently the stock price is moving -9.83% off from the highest level of twelve months and +35.19% above from twelve months low. Foot Locker, Inc. (NYSE:FL)  marked 52 week highest price level of $77.25 on 09/25/15 and 52 week lowest price level of $50.90 on 06/27/16.

As of current trade, Foot Locker, Inc. (NYSE:FL) has shown weekly upbeat performance of 12.02%. Its six months performance indicated a bullish movement while its yearly performance reflected a negative trend of -2.88%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 6.63%. Shares of Foot Locker, Inc. (NYSE:FL) currently have an ABR of 1.50, derived from a total of 16 opinions. The company’s price sits 20.09% above from its 50-day moving average of $58.93 and 12.00% above from the stock’s 200-day moving average of $60.30. The company has Relative Strength Index (RSI 14) of 83.92 along with Average True Range (ATR 14) of 1.53. Its weekly and monthly volatility is 2.73%, 2.07% respectively. The company’s beta value is at 0.62.

Foot Locker, Inc. (NYSE:FL) currently has a PEG ratio of 1.72 where as its P/E ratio is 17.40. The company’s price to sales ratio for trailing twelve months is 1.25 and price to book ratio for most recent quarter is 3.49, whereas price to cash per share for the most recent quarter is 8.80. Foot Locker, Inc. (NYSE:FL)’s price to free cash flow for trailing twelve months is 25.27. Its quick ratio for most recent quarter is 2.30 along with current ratio for most recent quarter of 4.50. Total debt to equity ratio of the company for most recent quarter is 0.05 whereas long term debt to equity ratio for most recent quarter is 0.05. Foot Locker, Inc. (NYSE:FL) has a Return on Assets of 14.70%. The company currently has a Return on Equity of 21.20% and Return on Investment of 20.30%.

Basic Materials Stocks That Must Be on Your Watch List: Exxon Mobil Corporation (NYSE:XOM), Cliffs Natural Resources Inc (NYSE:CLF)

Exxon Mobil Corporation (NYSE:XOM) shares went up 0.91% or 0.80 points to reach at $88.91 during the course of session. The stock traded in the range of $88.12 – $88.94 during its most recent trading session. The stock has total market worth of $369.48B and it has total of 4.15B outstanding shares. Relative strength index (RSI-14) for Exxon Mobil Corporation (NYSE:XOM) is at 50.18.

Historically the stock has climbed 2.53% in the past week and plunged -4.54% in the last four weeks, the stock illustrate that its three months performance stands at -0.49% while its year to date performance is at 17.05%. Stock’s price oscillated from $66.55 to $95.55 during past twelve months. The stock is now trading at a distance of 0.54% from SMA-20. The stock is presently trading -1.54% below from its SMA-50. In the current trading session, the stock’s price moved 6.97% above from its SMA-200. If we take a look on its volatility, 0.93 percent was seen in a week and for the month it was 1.32 percent. Stock’s beta value stands at 0.78 and its ATR value is at 1.12.

Scientists from Exxon Mobil Corporation (NYSE:XOM) and the Georgia Institute of Technology have developed a potentially revolutionary new technology that could significantly reduce the amount of energy and emissions associated with manufacturing plastics. Results of the research were published on August 18, 2016 in the peer-reviewed journal Science.

If brought to industrial scale, this breakthrough could reduce industry’s global annual carbon dioxide emissions by up to 45 million tons, which is equivalent to the annual energy-related carbon dioxide emissions of about five million U.S. homes. It could also reduce global energy costs used to make plastics by up to $2 billion a year.

Using a molecular-level filter, the new process employs a form of reverse osmosis to separate para-xylene, a chemical building block for polyester and plastics, from complex hydrocarbon mixtures. The current commercial-scale process used around the world relies on energy and heat to separate those molecules.

Cliffs Natural Resources Inc (NYSE:CLF) shares rose 0.80% or 0.05 points in order to take the company’s stock at the price of $6.33. Stock’s price oscillated between $6.20 and $6.45 for intra-day trading. Relative strength index (RSI-14) for Cliffs Natural Resources Inc (NYSE:CLF) is at 40.07. It has total market capitalization of $1.43B.

Historically the stock has slipped -4.38% in the past week and plunged -9.70% in the last four weeks, the stock illustrate that its three months performance stands at 116.78% while its year to date performance is at 300.63%. The stock hit the peak price level of one year at $8.45 and touched the minimum level of $1.20. Shares are trading -25.09% off from the 52-week high price and +427.50% above from the 52-week bottom price level. The stock is now trading at a distance of -14.82% from SMA-20. The stock is presently trading -1.48% below from its SMA-50. In the current trading session, the stock’s price moved 75.44% above from its SMA-200. The company has a Return on Assets of 2.20%. The company currently has a Return on Equity of -2.00%.

Cliffs Natural Resources Inc (NYSE:CLF) announced on August 17, 2016that it will redeem the entirety of its outstanding Senior Notes due January 2018 (the “Notes”). The aggregate principal amount outstanding of the Notes is approximately $284 million. Pursuant to the terms of the Notes and the Indenture governing the Notes, the Company expects total payment to holders of the Notes to be approximately $301 million in aggregate, plus accrued and unpaid interest.

Lourenco Goncalves, Cliffs’ Chairman, President and Chief Executive Officer, said, “The successful completion of the equity offering this week has allowed us to move forward with the retirement of the 2018 Notes. This action further confirms our commitment to our top priorities in capital allocation: paying down debt and reducing interest expense.” Mr. Goncalves added, “We now have nearly four years until our next maturity comes due. With this step, we have marked yet another milestone in the successful turnaround of Cliffs.”

Upon completion of the redemption, Cliffs’ annualized interest expense is expected to be reduced by approximately $17 million.