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Service Sector Updates: Lowe’s Companies, Inc. (NYSE:LOW), The Priceline Group Inc. (NASDAQ:PCLN), Costco Wholesale Corporation (NASDAQ:COST)

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Shares of Lowe’s Companies, Inc. (NYSE:LOW) opened the most recent session at $78.4300 and are moving -0.1293 at the time of writing.  The stock hit the high of $78.3000 and dropped down to $78.7800 during the course of the day.  The current level puts the stock’s market capitalization at 65.23B.


 

The Priceline Group Inc. (NASDAQ:PCLN) opened the trading session at $1845.97 and are currently -0.52 at the time of writing. The stock peaked at $1836.01 and dropped down to $1847.52 during the course of the day. The current level puts the equity’s market cap at 90.50B.

Company shares are trading $-1.64 or -0.09% away from the 200 day moving average of $1846.41. On a near term basis the stock is currently $-43.17 away from the 50 day moving average of $1846.41, or -2.29%. According to First Call data, the Wall Street analysts covering the stock have a 1 year target price of $2100.69 on the shares. This target is according to the consensus average of the brokerage firm’s financial models distributed to investors.


 

Shares of Costco Wholesale Corporation (NASDAQ:COST) opened the most recent session at $162.24 and are moving -0.28 at the time of writing.  The stock hit the high of $161.70 and dropped down to $162.67 during the course of the day.  The current level puts the stock’s market capitalization at 71.09B.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of argusjournal.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please click HERE

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This info on Petróleo Brasileiro S.A. – Petrobras (PBR) could trigger a massive change in trading

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Stock of Petróleo Brasileiro S.A. – Petrobras (PBR) opened today at $10.300 and are currently trading at $10.380 x 62800. More than 8,852,010 shares have exchanged hands compared to an average daily volume of 14,630,910 shares. At the current pps, the market capitalization stands at 67.18B. Analyst are currently predicting a target of $11.11 for Petróleo Brasileiro S.

Investors try to use stocks with high beta values to quickly recoup their investments after sharp market losses. Petróleo Brasileiro S.A. – Petrobras (PBR) currently has a Beta value of 2.60. Beta is a measurement of a stock’s price fluctuations, which is often called volatility and is used by investors to gauge how quickly a stock’s price will rise or fall. A stock with a beta of greater than 1.0 is riskier and has greater price fluctuations, while stocks with beta values of less than 1.0 are steadier and generally larger companies. Beta is often measured against the S&P; 500 index. An S&P; 500 stock with a beta of 2.0 produced a 20 percent increase in returns during a period of time when the S&P; 500 Index grew only 10 percent. This same measurement also means the stock would lose 20 percent when the market dropped by only 10 percent.

Next, let’s take a look at Petróleo Brasileiro S current P/E ratio. Petróleo Brasileiro S.A. – Petrobras (PBR) currently has a PE ratio of -24.62. PE ratio is an important parameter to look at when trading a stock mostly because it is easy to calculate. There are a couple of ways to calculate PE ratio either by dividing share price by earnings per share or dividing the market cap by net income. It is important to note that the earnings are usually taken from the trailing twelve months (TTM). Nevertheless, P/E tells us how much an investor is willing to pay for $1 of a company’s earnings. The long-term average P/E is around 15, so on average, investors are willing to pay $15 for every dollar of earnings. Another useful way to look at this: Turn the P/E ratio around to look at the E/P ratio, which when expressed as a percentage gives us the earnings yield. For instance: 1/15 gives us an earnings yield of 6.67%.

While we have already looked at Petróleo Brasileiro S beta and P/E ratio, the EPS cannot be ignored. Petróleo Brasileiro S EPS for the trailing twelve months was -0.42. Traders and investors often use earnings per share (TTM) to determine a company’s profitability for the past year. So in essence, EPS is the amount of a company’s net income per share of common stock. Earnings per share equal the company’s net income less any dividends paid on preferred stock divided by the weighted average number of common stock shares outstanding during the year. Petróleo Brasileiro S is estimated to release its next earnings report on N/A. It would be interesting to see how the earnings fair out considering the recent developments.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of argusjournal.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please click HERE

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MannKind Corporation (MNKD) – ‘A Blessing In Disguise’ For Investors

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Stock of MannKind Corporation (MNKD) opened today at $3.9000 and are currently trading at $3.9600 x 1800. More than 8,989,855 shares have exchanged hands compared to an average daily volume of 7,002,087 shares. At the current pps, the market capitalization stands at 412.08M. Analyst are currently predicting a target of $7.00 for MannKind Corporation (MNKD).

Investors try to use stocks with high beta values to quickly recoup their investments after sharp market losses. MannKind Corporation (MNKD) currently has a Beta value of 2.67. Beta is a measurement of a stock’s price fluctuations, which is often called volatility and is used by investors to gauge how quickly a stock’s price will rise or fall. A stock with a beta of greater than 1.0 is riskier and has greater price fluctuations, while stocks with beta values of less than 1.0 are steadier and generally larger companies. Beta is often measured against the S&P; 500 index. An S&P; 500 stock with a beta of 2.0 produced a 20 percent increase in returns during a period of time when the S&P; 500 Index grew only 10 percent. This same measurement also means the stock would lose 20 percent when the market dropped by only 10 percent.

Next, let’s take a look at MannKind Corporation (MNKD) current P/E ratio. MannKind Corporation (MNKD) currently has a PE ratio of 2.97. PE ratio is an important parameter to look at when trading a stock mostly because it is easy to calculate. There are a couple of ways to calculate PE ratio either by dividing share price by earnings per share or dividing the market cap by net income. It is important to note that the earnings are usually taken from the trailing twelve months (TTM). Nevertheless, P/E tells us how much an investor is willing to pay for $1 of a company’s earnings. The long-term average P/E is around 15, so on average, investors are willing to pay $15 for every dollar of earnings. Another useful way to look at this: Turn the P/E ratio around to look at the E/P ratio, which when expressed as a percentage gives us the earnings yield. For instance: 1/15 gives us an earnings yield of 6.67%.

While we have already looked at MannKind Corporation (MNKD) beta and P/E ratio, the EPS cannot be ignored. MannKind Corporation (MNKD) EPS for the trailing twelve months was 1.33. Traders and investors often use earnings per share (TTM) to determine a company’s profitability for the past year. So in essence, EPS is the amount of a company’s net income per share of common stock. Earnings per share equal the company’s net income less any dividends paid on preferred stock divided by the weighted average number of common stock shares outstanding during the year. MannKind Corporation (MNKD) is estimated to release its next earnings report on Mar 13, 2017 – Mar 17, 2017. It would be interesting to see how the earnings fair out considering the recent developments.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of argusjournal.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please click HERE

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Why Transocean Ltd. (RIG) could blow up your portfolio

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Stock of Transocean Ltd. (RIG) opened today at $10.13 and are currently trading at $10.04 x 9100. More than 9,522,367 shares have exchanged hands compared to an average daily volume of 17,545,667 shares. At the current pps, the market capitalization stands at 3.93B. Analyst are currently predicting a target of $11.43 for Transocean Ltd.

Investors try to use stocks with high beta values to quickly recoup their investments after sharp market losses. Transocean Ltd. (RIG) currently has a Beta value of 1.73. Beta is a measurement of a stock’s price fluctuations, which is often called volatility and is used by investors to gauge how quickly a stock’s price will rise or fall. A stock with a beta of greater than 1.0 is riskier and has greater price fluctuations, while stocks with beta values of less than 1.0 are steadier and generally larger companies. Beta is often measured against the S&P; 500 index. An S&P; 500 stock with a beta of 2.0 produced a 20 percent increase in returns during a period of time when the S&P; 500 Index grew only 10 percent. This same measurement also means the stock would lose 20 percent when the market dropped by only 10 percent.

Next, let’s take a look at Transocean Ltd current P/E ratio. Transocean Ltd. (RIG) currently has a PE ratio of -3.32. PE ratio is an important parameter to look at when trading a stock mostly because it is easy to calculate. There are a couple of ways to calculate PE ratio either by dividing share price by earnings per share or dividing the market cap by net income. It is important to note that the earnings are usually taken from the trailing twelve months (TTM). Nevertheless, P/E tells us how much an investor is willing to pay for $1 of a company’s earnings. The long-term average P/E is around 15, so on average, investors are willing to pay $15 for every dollar of earnings. Another useful way to look at this: Turn the P/E ratio around to look at the E/P ratio, which when expressed as a percentage gives us the earnings yield. For instance: 1/15 gives us an earnings yield of 6.67%.

While we have already looked at Transocean Ltd beta and P/E ratio, the EPS cannot be ignored. Transocean Ltd EPS for the trailing twelve months was -3.02. Traders and investors often use earnings per share (TTM) to determine a company’s profitability for the past year. So in essence, EPS is the amount of a company’s net income per share of common stock. Earnings per share equal the company’s net income less any dividends paid on preferred stock divided by the weighted average number of common stock shares outstanding during the year. Transocean Ltd is estimated to release its next earnings report on Oct 31, 2017 – Nov 6, 2017. It would be interesting to see how the earnings fair out considering the recent developments.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of argusjournal.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please click HERE

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