Sunday, July 22, 2018

Top China Stocks To Invest In 2019

tags:SINA,SOL,NTES,FMCN,TISA,BIDU,

Wake up calls are never pleasant, but this one was particularly harsh: Over the course of just nine trading days in late January and early February, U.S. stocks dropped 10% as investors fretted over a government report showing higher than expected wage inflation. The plunge wiped out stock market gains for the year and chalked up one of the swiftest corrections in recent decades.

Investors tried to settle back into the dream world that dominated recent years, where stocks kept hitting new highs, volatility was at record lows and there was barely a hint of inflation. But the alarm bells kept ringing. In late March, fears of a trade war between the U.S. and China sent stocks skidding again. And while stocks plunged, the bonds that form the core of many retirees�� portfolios didn��t live up to their safe-haven reputation. The Bloomberg Barclays U.S. Aggregate Bond index fell sharply during the stock market downturn and ended the first quarter down 1.5%.

Top China Stocks To Invest In 2019: Sina Corporation(SINA)

Advisors' Opinion:
  • [By Jack Delaney]

    SINA Corp. (Nasdaq: SINA) operates Weibo Corp. (Nasdaq: WB), a social media platform with 411 million monthly active users (MAUs) as of Q1 2018.

    It's considered the Twitter Inc. (NYSE: TWTR) of China.

  • [By Ethan Ryder]

    Eagle Global Advisors LLC decreased its position in Sina Corp (NASDAQ:SINA) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,875 shares of the technology company’s stock after selling 1,595 shares during the period. Eagle Global Advisors LLC owned about 0.12% of Sina worth $8,850,000 at the end of the most recent quarter.

  • [By Shane Hupp]

    SINA Corp (NASDAQ:SINA) shares hit a new 52-week low on Wednesday . The stock traded as low as $83.39 and last traded at $82.78, with a volume of 41597 shares trading hands. The stock had previously closed at $85.15.

  • [By Leo Sun]

    JD.com (NASDAQ:JD) recently partnered with SINA (NASDAQ:SINA), one of China's top portal sites, to pool the two companies' user data and resources together. JD.com will help SINA optimize its algorithms to match its readers with�more relevant content -- which could help its portal sites lock in more users.

  • [By Leo Sun]

    Shares of SINA (NASDAQ:SINA) and Weibo (NASDAQ:WB) have both tumbled this year, mainly due to escalating trade tensions between the United States and China. Yet their sell-offs seem overdone, since both tech companies are well insulated from a potential trade war.

Top China Stocks To Invest In 2019: Renesola Ltd.(SOL)

Advisors' Opinion:
  • [By Joseph Griffin]

    These are some of the media headlines that may have impacted Accern’s scoring:

    Get ReneSola alerts: ReneSola Sells North Carolina Solar Project To Greenbacker (solarindustrymag.com) ReneSola (SOL) Rating Increased to Neutral at Roth Capital (americanbankingnews.com) ReneSola (SOL) Q1 Earnings in Line, Revenues Top Estimates (zacks.com) ReneSola’s (SOL) CEO Xianshou Li on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) ReneSola (SOL) Releases Earnings Results (americanbankingnews.com)

    Shares of ReneSola traded up $0.08, hitting $2.76, during trading on Friday, Marketbeat.com reports. The stock had a trading volume of 124,969 shares, compared to its average volume of 108,565. The firm has a market capitalization of $102.11 million, a PE ratio of 21.23 and a beta of 2.05. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.36. ReneSola has a 12 month low of $2.12 and a 12 month high of $3.79.

Top China Stocks To Invest In 2019: Netease.com Inc.(NTES)

Advisors' Opinion:
  • [By Max Byerly]

    KAMES CAPITAL plc decreased its holdings in shares of NetEase (NASDAQ:NTES) by 68.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,800 shares of the technology company’s stock after selling 39,277 shares during the period. KAMES CAPITAL plc’s holdings in NetEase were worth $4,991,000 at the end of the most recent reporting period.

  • [By Shane Hupp]

    These are some of the news headlines that may have effected Accern’s rankings:

    Get NetEase alerts: Study Stock Price Behavior with Financial Report for NetEase, Inc. (NTES) (finherald.com) Analysis of Analyst Stock Recommendation: NetEase, Inc. (NTES) (nasdaqplace.com) Notable Moving Tech Stock: NetEase, Inc. (NTES) (nasdaqplace.com) Investors must not feel shy to buy these Stocks: NetEase, Inc. (NASDAQ:NTES), YUM! Brands, Inc. (NYSE:YUM), Erie … (journalfinance.net) Destiny maker Bungie raises $100M from China��s NetEase to build new games (geekwire.com)

    NetEase traded up $3.95, hitting $243.58, during midday trading on Friday, MarketBeat.com reports. The stock had a trading volume of 1,182,914 shares, compared to its average volume of 1,423,698. The firm has a market cap of $31.99 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 1.83 and a beta of 0.82. NetEase has a 1-year low of $222.32 and a 1-year high of $377.64.

  • [By Ethan Ryder]

    Here are some of the news stories that may have effected Accern Sentiment’s rankings:

    Get NetEase alerts: NetEase Inc (NTES) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com) NetEase Inc (NTES) Sees Significant Growth in Short Interest (americanbankingnews.com) Hot Stock’s Trend Recap �� NetEase Inc (NASDAQ: NTES) (stockspen.com) Switching Three Stocks: The Procter & Gamble Company (NYSE:PG), NetEase, Inc. (NASDAQ:NTES), CBRE Group … (thestreetpoint.com) US benchmarks shake off G7 jitters, ending the day on a positive note (proactiveinvestors.co.uk)

    A number of equities research analysts have issued reports on the stock. BidaskClub lowered shares of NetEase from a “hold” rating to a “sell” rating in a report on Tuesday, March 27th. Jefferies Financial Group cut their price target on shares of NetEase from $335.00 to $310.00 and set a “hold” rating on the stock in a report on Tuesday, April 10th. JPMorgan Chase & Co. assumed coverage on shares of NetEase in a report on Thursday, April 12th. They issued an “underweight” rating and a $240.00 price target on the stock. Zacks Investment Research raised shares of NetEase from a “sell” rating to a “hold” rating in a report on Thursday, March 8th. Finally, Daiwa Capital Markets raised shares of NetEase from a “neutral” rating to a “buy” rating in a report on Thursday, May 17th. Four research analysts have rated the stock with a sell rating, four have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $327.21.

  • [By WWW.GURUFOCUS.COM]

    For the details of Overlook Holdings Ltd's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Overlook+Holdings+Ltd

    These are the top 5 holdings of Overlook Holdings LtdNetEase Inc (NTES) - 756,622 shares, 58.02% of the total portfolio. Shares reduced by 15.29%Baidu Inc (BIDU) - 569,283 shares, 41.98% of the total portfolio.
  • [By ]

    NetEase Inc (NYSE: NTES) is the largest online services provider in China with revenue from its e-commerce platform and online gaming. Sales on its e-commerce platform surged 157% last year to support slower growth in gaming which accounts for about 75% of total revenue. The company is also starting to monetize its gaming segment with movies and mini-series based on the characters in the games.

Top China Stocks To Invest In 2019: Focus Media Holding Limited(FMCN)

Advisors' Opinion:
  • [By Stephan Byrd]

    An issue of Focus Media Holding Limited (NASDAQ:FMCN) bonds fell 0.9% against their face value during trading on Monday. The high-yield debt issue has a 7.25% coupon and will mature on April 1, 2023. The bonds in the issue are now trading at $99.13 and were trading at $98.13 last week. Price moves in a company’s bonds in credit markets sometimes anticipate parallel moves in its share price.

  • [By Stephan Byrd]

    An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.1% against its face value during trading on Tuesday. The debt issue has a 7.5% coupon and is set to mature on April 1, 2025. The debt is now trading at $97.63 and was trading at $98.50 last week. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price.

Top China Stocks To Invest In 2019: Top Image Systems Ltd.(TISA)

Advisors' Opinion:
  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top China Stocks To Invest In 2019: Baidu Inc.(BIDU)

Advisors' Opinion:
  • [By Leo Sun]

    Baidu's (NASDAQ:BIDU) video streaming unit�iQiyi (NASDAQ:IQ) recently unveiled a VR headset called the Qiyu VR II. The device, which was built via a collaboration with Qualcomm, plays 4K videos as well as 8K panoramic videos.

  • [By Leo Sun]

    Baidu (NASDAQ:BIDU) and China Mobile (NYSE:CHL) recently signed a sweeping strategic partnership that pools their resources in "frontier areas" including AI, big data, 5G networks, and driverless cars. China Mobile, the largest wireless carrier in China, will also offer exclusive discounted data plans for 13 Baidu products, including Baidu's core app, its iQiyi�video streaming platform, and its Reddit-like PostBar social media network.

  • [By Leo Sun]

    Baidu (NASDAQ:BIDU), Alibaba (NYSE:BABA), and Tencent (NASDAQOTH:TCEHY) are considered fierce rivals in China's tech market. Baidu owns the country's top search engine, Alibaba's owns its biggest e-commerce marketplace, while Tencent dominates the social media and video gaming markets.

  • [By Shane Hupp]

    Caisse DE Depot ET Placement DU Quebec lowered its position in Baidu Inc (NASDAQ:BIDU) by 23.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 286,718 shares of the information services provider’s stock after selling 85,750 shares during the period. Caisse DE Depot ET Placement DU Quebec owned approximately 0.08% of Baidu worth $63,993,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Saturday, July 21, 2018

SHU Portfolio; And Another Buying Opportunity In Skechers

We argued in October last year that the shares of Skechers (SKX), then lingering in the low $20s, were ridiculously cheap, given the growth of revenues, terrific same-store comps, the expansion opportunities, and the solid cash flow, balance sheet and valuation metrics compared to peers.

And indeed, the shares took off, all the way to $40. But two disappointing quarters and the shares are almost back to where they were. This is frustrating, to put it mildly because the company, by and large, keeps expanding sales internationally where there are still plentiful opportunities:

Chart SKX Revenue (TTM) data by YCharts

But one also gets an idea of the problems, as net income especially has topped out early in 2016 and is yet to recover as the company has preferred to aggressively invest in growth.

What went right in Q2 Revenue up 10.6% y/y to $1.13B. International wholesale sales up 24.9% y/y (this is the single biggest distribution channel with 41% of sales. Total international sales are 51.6% of sales). Wholly-owned international subsidiary business up by 23.1% and (international) jointventure sales up 42.6% y/y. Company-owned global retail sales up 12.8% (25.5% international, 7.2% domestic). Store comps up 4.5% worldwide, up 11.3% international and 2.2% domestic (y/y). Revenue from China up 44.1% y/y with approximately 5.6M pairs shipped. What went wrong in Q2

There is a whole host of stuff that went against management, in no particular order:

Operating expenses keep on rising; China growth comes at a substantial investment cost; Domestic wholesale business down; Non-core US business; Inventories are rising; One-time legal cost; Adverse forex; Middle East affecting international distribution; and Taxes came in substantially above expectations.

We'll discuss most of these below.

Operating cost

Of these headwinds, the rising operating cost is the most significant

Chart SKX Gross Profit Margin (Quarterly) data by YCharts

While there is good news from the gross margin front (largely reflecting the ongoing shift to sales overseas), the company keeps on spending to foster that growth overseas, resulting in operational margins once again taking a dive.

G&A increased by $65.6M to $370.9M (32.7% of sales compared to 29.8% of sales in Q2 2017). G&A in China alone increased by $29.4M. S&M increased by $14.1M to $114M or 10% of sales (up from 9.7% in Q2 2017). $11.7M of the G&A increase is related to the opening of 54 new company-owned stores.

Here are some details on other factors that had a negative impact on the disappointing Q2 results.

Domestic wholesale. Domestic wholesale sales declined 7% y/y. The problems are in what it calls its non-core business (Q2CC):

The only issue we have in the States is our non-core business, the lower price alternatives that we��ve made some products in the past that takes big hits from �� so much from time to time. So that that��s changed and that environment has changed, and there has been a lot of closeout product in the marketplace that they take.

But management already sees a recovery in the present quarter.

International distributor. While international wholesale was up 34%, international distributor sales were down 6.1% due to problems in the Middle East.

Management believes both domestic wholesale as well as international distributor sales will turn positive in the second half of the year.

FX. There was quite a negative forex swing impact from Q2 2017 which management doesn't expect to repeat in Q3 and Q4, at least not to the same extent. However, they did warn that next year this could resume with a similar intensity.

Tax. The company is paying considerably more tax (18.8% of sales, up from 16.1% in Q2 2017) than it anticipated when giving guidance for Q2, and worse, this is continuing into Q3 and the year. The Q2 tax guidance was 12%-17%, but the actual rate came in slightly above the top end of that range.

Legal cost. The company settled a case at $6.2M, it didn't want to go into specifics, but argued this was cheaper than prolonging the juridical path.

Inventories. Inventories increased by 22.8% to $822.4M, an increase of $152.7M of which China alone took $90M. This was the main driver for the increase in working capital to $1.6B (up from $1.4B at the end of Q2 2017).

Cash

While margin expansion is nice, what matters more is whether the company produces results with its investment in growth, and whether the business generates the cash to do so. It clearly does:

Chart SKX Cash from Operations (TTM) data by YCharts

You clearly see that the investments last year took a bite out of cash generation, but that recovered considerably in Q1.

Stock-based compensation isn't large and dilution hasn't been significant.

Chart SKX Stock Based Compensation (TTM) data by YCharts

The balance sheet of the company is very healthy, though; the company has $70.2M in long-term debt but it had $887.7M in cash, cash equivalents and short-term investment, a substantial sequential increase of $151.3M (+20.5%).

The company bought back roughly 510K shares at a cost of $15M in Q2

Guidance

Another reason for the share price fall was weak Q3 guidance, from the earnings PR:

For the third quarter of 2018, the Company believes it will achieve sales in the range of $1.200 billion to $1.225 billion, and diluted earnings per share of $0.50 to $0.55. The guidance is based on continued strong performance within the Company��s international subsidiaries and joint venture businesses, and the Company-owned Skechers retail stores, as well as growth in the Company��s international distributor and domestic wholesale businesses in the back half of the year. The Company expects that its effective tax rate for the year will be at the top of or slightly higher than the previously announced guidance of 12 to 17 percent.

The Wall Street consensus was Q3 revenue of $1.26B and an EPS of $0.68.

Risk

We don't think the company should curtail its investment for the sake of margin improvement, which is what the market is reacting so negatively against. However, we do see some risks ahead:

Currency risk, the euro and yuan are rather volatile against the dollar. Trade tension can quite easily escalate, and China is the company's main growth market. A global slowdown.

An analyst asked what proportion of production takes place in China, here is management's answer (Q2CC, our emphasis):

Right now we make about 60% or 65% of our product still in China between the South and Northern China certainly. The United States I believe it��s about 40% of the production to the United States is outside of China.

We're not entirely sure about the exact meaning of the second sentence, we assume they are saying that 60% of US sales are manufactured in China.

If that's true than a yuan depreciation (which is ongoing the last couple of months) isn't all bad (it does reduce the dollar value of Chinese sales, Skecher's biggest growth market).

It could still be a net benefit if Chinese sales are less than 60% of US sales. The recent fall of the euro is worse news, as there is a currency translation loss.

Valuation

Chart SKX PE Ratio (TTM) data by YCharts

The EV/S seems wrong in the graph, EV is $3.34B, whilst sales the past 12 months were $4.47B, yielding a really low sales multiple of 0.74 for a company that generates substantial amounts of cash flow.

Conclusion

The company prioritizes growth over margins, and in our view, they are right to do so. This involves investment in distribution centers, stores, automation, and especially selling expenses to build the brand.

Despite some operational margin pressure, there are no problems with these investments as cash flow indicates that the company has, and more importantly, generates plenty of funds to spend on investments.

However, last year they clearly argued that this year we would see operational margins return to double-digit territory, so it is also understandable that investors are disappointed.

But we think the market has overreacted twice in a row, from a height of over $40, the stock is back to the mid $20s. Given the growth opportunities and the financial health of the company, the stock is hardly expensive.

We expect a recovery in the shares, although it is probably a slow one until we get a clearer picture about the recovery in international distribution, domestic wholesale and the cost picture in Q3.

Disclosure: I am/we are long SKX.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Friday, July 13, 2018

Top 10 Undervalued Stocks To Own Right Now

tags:MJNA,BMRC,NDSN,ALLT,LPNT,HIIQ,SBUX,ORA,USCR,MTSI,

For every investor hoping to find the next Berkshire Hathaway (BRK.A) success story, there remains a real question if one would even be able to identify the company in its infancy if they saw it being formed. Biglari Holdings, Inc. (BH) remains a controversial investment opportunity that has taken on many familiar attributes of the greater "BH." Yet, there remains a cloudy haze over the investment that has suppressed the company's stock for the past half decade. At the core of the issue is the amount of trust investors must inherently place in a young 39-year old named Sardar Biglari.

Biglari Holdings Inc. is a holding company that is led by Founder, Chairman, and CEO Sardar Biglari. His approach and style have led him to be known as a perceived imitator of Warren Buffett. Indeed, apart from the shared initials with Berkshire Hathaway, Biglari Holdings operates as a holding company, invests in diversified array of industries, buys undervalued companies, limits correspondence to letters and SEC filings, maintains a relatively high share price, believes in a tight share structure, and supports a noticeably similar website to the legendary company.

Top 10 Undervalued Stocks To Own Right Now: Medical Marijuana, Inc. (MJNA)

Advisors' Opinion:
  • [By Javier Hasse]

    Medical Marijuana Inc (OTC: MJNA) announced Q1 2018 as its largest sales revenue quarter in company history with a year-over-year gross revenue increase of 191 percent. Revenue exceeded $10.5 million. The company also announced its subsidiary Kannaway has partnered with Christian Okoye, former all-time rushing leader for the Kansas City Chiefs, to speak out on why the NFL should consider allowing its players to take cannabidiol (CBD). He’s stopped taking all pain medications and is now only taking CBD.

  • [By ]

    Cronos was the first cannabis company to trade on NASDAQ, but the first American cannabis company to do it was Medical Marijuana Inc. (MJNA) . Developing legal cannabidiol (CBD) products made from hemp, Medical Marijuana Inc. had a major increase in sales from 2016 to 2017 and has begun looking into an expansion into international markets. Like with Aurora, these expenses have meant that it's not making much of a profit. With encouraging signs and warning signs each abounding, it comes down to whether you think this could be worth the risk.

  • [By Sean Williams]

    If I were to choose two marijuana stocks right off the bat that I'd rather watch from the sidelines and never buy, it'd be medical cannabis company Medical Marijuana Inc. (NASDAQOTH:MJNA) and cannabinoid-based drug developer AXIM Biotechnologies (NASDAQOTH:AXIM). The reason they're listed together is because Medical Marijuana Inc. owns 22.67 million shares of AXIM, which is about 40% of its outstanding share count. Their futures really are tied together.

Top 10 Undervalued Stocks To Own Right Now: Bank of Marin Bancorp(BMRC)

Advisors' Opinion:
  • [By Max Byerly]

    Shares of Bank of Marin Bancorp (NASDAQ:BMRC) have received a consensus rating of “Hold” from the six research firms that are covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $75.67.

  • [By Joseph Griffin]

    Media headlines about Bank of Marin Bancorp (NASDAQ:BMRC) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bank of Marin Bancorp earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 46.5239093639876 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Top 10 Undervalued Stocks To Own Right Now: Nordson Corporation(NDSN)

Advisors' Opinion:
  • [By Steve Symington]

    Nordson Corporation�(NASDAQ:NDSN)�announced solid fiscal second-quarter 2018 results on Monday after the market closed, including an expected decline in organic volume that was more than offset by acquisitive growth.

  • [By Ethan Ryder]

    Victory Capital Management Inc. grew its stake in shares of Nordson Co. (NASDAQ:NDSN) by 10.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,868 shares of the industrial products company’s stock after purchasing an additional 1,612 shares during the period. Victory Capital Management Inc.’s holdings in Nordson were worth $2,300,000 as of its most recent SEC filing.

  • [By Motley Fool Staff]

    Nordson (NASDAQ:NDSN) Q2 2018 Earnings Conference CallMay. 22, 2018 8:30 a.m. ET

    Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

    Operator

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Nordson (NDSN)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Garrett Baldwin]

    Markets have been under pressure once again by the U.S. Federal Reserve. Inflation levels are going through the roof… but the people in charge of managing it have been lying to Americans for years. Now, it's time to get even.�Money Morning�Liquidity Specialist Lee Adler has the perfect way to make a lot of money when no one is looking.�Read it here.

    The Top Stock Market Stories for Monday Markets are cheering news that the supposed trade war between the United States and China is "on hold," according to U.S. Treasury Secretary Steven Mnuchin. Mnuchin and U.S. President Donald Trump's top economic advisor, Larry Kudlow, announced that both nations have reached an agreement, one that established a framework to help address ongoing trade imbalances between the two countries. The prices of crude oil is in focus after Venezuelan President Nicolas Maduro won reelection over the weekend. The election featured a very low turnout and a very large outcry that the vote was rigged. Maduro has a 75% disapproval rating and has been the face of the OPEC member's widespread mismanagement and economic collapse. Prior to the election, a member of the Trump administration said that the United States would not recognize the authenticity of the election. The United States is considering additional sanctions on Venezuela. Today is a major day for mergers and acquisition activity. Today, Blackstone Group LP�(NYSE: BX) announced plans to purchase U.S. hotel operator LaSalle Hotel Properties (NYSE: LHO) for a whopping $3.7 billion. The deal comes at a time that the travel industry is experiencing one of the best periods in a decade. If you're looking for a way to make money ahead of Memorial Day weekend, we show you how here. Four Stocks to Watch Today: GOOGL, GE, MBFI, FITB Alphabet Inc. (Nasdaq: GOOGL) is under pressure this morning after a harsh piece aired last night on "60 Minutes." The segment discussed the organization's power and influence. It also featured inter

Top 10 Undervalued Stocks To Own Right Now: Allot Communications Ltd.(ALLT)

Advisors' Opinion:
  • [By Joseph Griffin]

    IBM (NYSE: IBM) and Allot Communications (NASDAQ:ALLT) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, earnings, profitability, risk and valuation.

  • [By Max Byerly]

    Allot Communications (NASDAQ:ALLT) will be posting its quarterly earnings results before the market opens on Tuesday, May 8th. Analysts expect Allot Communications to post earnings of ($0.10) per share for the quarter.

  • [By Shane Hupp]

    Allot Communications (NASDAQ: ALLT) and Extreme Networks (NASDAQ:EXTR) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.

Top 10 Undervalued Stocks To Own Right Now: LifePoint Health, Inc.(LPNT)

Advisors' Opinion:
  • [By Lisa Levin] Companies Reporting Before The Bell Celgene Corporation (NASDAQ: CELG) is projected to report quarterly earnings at $1.96 per share on revenue of $3.46 billion. Aon plc (NYSE: AON) is expected to report quarterly earnings at $2.8 per share on revenue of $2.93 billion. American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) is estimated to report quarterly earnings at $0.81 per share on revenue of $1.75 billion. Alibaba Group Holding Limited (NYSE: BABA) is expected to report quarterly earnings at $0.88 per share on revenue of $9.27 billion. LifePoint Health, Inc. (NASDAQ: LPNT) is projected to report quarterly earnings at $1.13 per share on revenue of $1.62 billion. V.F. Corporation (NYSE: VFC) is estimated to report quarterly earnings at $0.65 per share on revenue of $2.90 billion. Newell Brands Inc. (NYSE: NWL) is expected to report quarterly earnings at $0.26 per share on revenue of $3.05 billion. Titan International, Inc. (NYSE: TWI) is projected to report quarterly earnings at $0.04 per share on revenue of $407.27 million. Boise Cascade Company (NYSE: BCC) is expected to report quarterly earnings at $0.45 per share on revenue of $1.09 billion. Cheniere Energy, Inc. (NYSE: LNG) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.59 billion. Cboe Global Markets, Inc. (NASDAQ: CBOE) is projected to report quarterly earnings at $1.24 per share on revenue of $308.05 million. ITT Inc. (NYSE: ITT) is estimated to report quarterly earnings at $0.73 per share on revenue of $683.96 million. Fred's, Inc. (NASDAQ: FRED) is expected to report quarterly loss at $0.19 per share on revenue of $551.00 million. Virtu Financial, Inc. (NASDAQ: VIRT) is projected to report quarterly earnings at $0.52 per share on revenue of $288.31 million. Cheniere Energy Partners, L.P. (NYSE: CQP) is expected to report quarterly earnings at $0.57 per share on revenue of $1.38 billion. Genesis Energy, L.P
  • [By Max Byerly]

    Headlines about LifePoint Health (NASDAQ:LPNT) have trended positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LifePoint Health earned a news impact score of 0.44 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.0016583450414 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Top 10 Undervalued Stocks To Own Right Now: Health Insurance Innovations, Inc.(HIIQ)

Advisors' Opinion:
  • [By Max Byerly]

    Health Insurance Innovations (NASDAQ:HIIQ) insider Michael W. Kosloske sold 1,300,000 shares of the firm’s stock in a transaction on Thursday, June 7th. The shares were sold at an average price of $31.00, for a total value of $40,300,000.00. Following the completion of the sale, the insider now directly owns 100 shares in the company, valued at approximately $3,100. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

  • [By Logan Wallace]

    Health Insurance Innovations (NASDAQ:HIIQ) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Health Insurance Innovations (HIIQ)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    These are some of the headlines that may have effected Accern Sentiment’s scoring:

    Get Health Insurance Innovations alerts: Health Insurance Innovations (HIIQ) and Brown & Brown (BRO) Critical Survey (americanbankingnews.com) Founder of Tampa health insurance company is out (finance.yahoo.com) Cantor Fitzgerald Reaffirms “Buy” Rating for Health Insurance Innovations (HIIQ) (americanbankingnews.com) Health Insurance Innovations founder out (seekingalpha.com) Health Insurance Innovations (HIIQ) Insider Michael W. Kosloske Sells 1,300,000 Shares (americanbankingnews.com)

    Shares of Health Insurance Innovations opened at $34.35 on Tuesday, according to Marketbeat.com. Health Insurance Innovations has a 1 year low of $12.65 and a 1 year high of $37.38. The stock has a market cap of $559.65 million, a PE ratio of 24.20 and a beta of 0.55.

Top 10 Undervalued Stocks To Own Right Now: Starbucks Corporation(SBUX)

Advisors' Opinion:
  • [By ]

    Whatever the reason, cards have become the universally preferred payment method. Morning coffee at Starbucks (Nasdaq: SBUX). Swipe. Groceries on the way home from work. Swipe again. Heck, even taxi drivers and stadium hot dog vendors now carry portable card readers.�

  • [By Michael A. Robinson]

    He also accuses Amazon of running Main Street retailers out of business. Yet, Trump leaves alone Starbucks Corp. (Nasdaq: SBUX) and Walmart Inc. (NYSE: WMT), two retail outfits that have been putting mom-and-pop shops under duress for decades.

  • [By Daniel B. Kline]

    Starbucks (NASDAQ:SBUX) is accelerating its growth plans in China, with a goal of opening nearly two stores there every day. The coffee chain intends to add 600 locations a year in the world's most populous country. And, with 100 new metro areas on its expansion list, customers will be able to grab a caffe Americano in 230 Chinese cities by the end of 2022.�

  • [By ]

    Other crypto projects like Ripple serve to transfer fiat currencies around the world. Crushing legacy systems like SWIFT regarding time and cost, Ripple is the leading player in the conversion of money transfer systems into the digital age. Rumors abound that even Starbucks (NYSE: SBUX) has plans to accept Ripple and Litecoin as payment within the next five years. Should Starbucks come on board, expect a massive move by retailers in this direction.

  • [By Lisa Levin]

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

    Before the markets open, Bristol-Myers Squibb Company (NYSE: BMY) is projected to report quarterly earnings at $0.85 per share on revenue of $5.24 billion. Bristol-Myers shares rose 0.95 percent to $52.25 in after-hours trading. AT&T Inc. (NYSE: T) reported weaker-than-expected earnings

Top 10 Undervalued Stocks To Own Right Now: Ormat Technologies, Inc.(ORA)

Advisors' Opinion:
  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers Verastem, Inc. (NASDAQ: VSTM) fell 9.7 percent to $4.73 in pre-market trading after announcing a $35 million common stock offering. Evolus, Inc. (NASDAQ: EOLS) shares fell 8 percent to $13.48 in pre-market trading ahead of regulatory update at 8:30 a.m. ET. XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB) fell 6.5 percent to $2.01 in pre-market trading after climbing 10.50 percent on Tuesday. Purple Innovation, Inc. (NASDAQ: PRPL) shares fell 5.8 percent to $9.36 in pre-market trading after reporting Q1 results. Blink Charging Co. (NASDAQ: BLNK) fell 5.7 percent to $5.15 in pre-market trading after declining 5.04 percent on Tuesday. RYB Education, Inc. (NYSE: RYB) shares fell 5 percent to $16.39 in pre-market trading following Q1 results. Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares fell 4.4 percent to $4.30 in pre-market trading after rising 40.62 percent on Tuesday. Arbor Realty Trust, Inc. (NYSE: ABR) fell 4.4 percent to $8.92 in pre-market trading after announcing a 5.5 million share common stock offering. Daxor Corporation (NYSE: DXR) fell 4.1 percent to $7.32 in pre-market trading. Ormat Technologies, Inc. (NYSE: ORA) shares fell 3.8 percent to $51.03 in pre-market trading after the company announced plans to restate its Q2, Q3, Q4 and FY 2017 financial statements. Canadian Solar Inc. (NASDAQ: CSIQ) fell 3.5 percent to $16.20 in pre-market trading after reporting Q1 results. CELYAD SA/ADR (NASDAQ: CYAD) shares fell 3.3 percent to $29.70 in pre-market trading after the company reported launch of 1.8 million share offering
  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Ormat Technologies (ORA)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Roth Capital set a $67.00 price target on Ormat Technologies (NYSE:ORA) in a report issued on Sunday. The brokerage currently has a buy rating on the energy company’s stock.

  • [By Max Byerly]

    JPMorgan Chase & Co. lessened its stake in shares of Ormat Technologies, Inc. (NYSE:ORA) by 9.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 225,381 shares of the energy company’s stock after selling 23,000 shares during the period. JPMorgan Chase & Co.’s holdings in Ormat Technologies were worth $12,708,000 at the end of the most recent reporting period.

Top 10 Undervalued Stocks To Own Right Now: U S Concrete, Inc.(USCR)

Advisors' Opinion:
  • [By Rich Duprey, Nicholas Rossolillo, and Maxx Chatsko]

    We posed that question to a team of Motley Fool investors to identify three stocks our kids will brag about having owned for years, and they picked U.S. Concrete (NASDAQ:USCR), Teladoc (NYSE:TDOC), and Rollins (NYSE:ROL). Read on to find out why these companies deserve that distinction.

  • [By Stephan Byrd]

    Rhumbline Advisers increased its stake in shares of U.S. Concrete, Inc (NASDAQ:USCR) by 3.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,530 shares of the construction company’s stock after buying an additional 1,237 shares during the quarter. Rhumbline Advisers owned 0.22% of U.S. Concrete worth $2,206,000 at the end of the most recent quarter.

  • [By ]

    Sterling Construction Co. Inc (STRL) : "I'm going to stick with U.S. Concrete (USCR) ."

    B&G Foods (BGS) : "No, we're going to stay away. This group is a snake pit."

  • [By ]

    In the Lightning Round, Cramer was bullish on Goldman Sachs (GS) , Berkshire Hathaway (BRK.B) , Ecolab (ECL) , PTC (PTC) , Arista Networks (ANET) , U.S. Concrete (USCR) and Masco (MAS) .

Top 10 Undervalued Stocks To Own Right Now: M/A-COM Technology Solutions Holdings, Inc.(MTSI)

Advisors' Opinion:
  • [By Logan Wallace]

    US Bancorp DE increased its holdings in shares of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) by 116.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,658 shares of the semiconductor company’s stock after buying an additional 7,339 shares during the period. US Bancorp DE’s holdings in MACOM Technology Solutions were worth $227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Ethan Ryder]

    Dynamic Technology Lab Private Ltd acquired a new position in shares of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 42,276 shares of the semiconductor company’s stock, valued at approximately $702,000. Dynamic Technology Lab Private Ltd owned approximately 0.07% of MACOM Technology Solutions at the end of the most recent quarter.

  • [By Logan Wallace]

    Shares of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) were down 5.6% on Wednesday . The company traded as low as $23.84 and last traded at $24.15. Approximately 1,031,600 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 1,262,816 shares. The stock had previously closed at $25.58.

  • [By Logan Wallace]

    Public Employees Retirement Association of Colorado raised its position in MACOM Technology Solutions (NASDAQ:MTSI) by 4.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 235,430 shares of the semiconductor company’s stock after purchasing an additional 9,600 shares during the quarter. Public Employees Retirement Association of Colorado owned about 0.37% of MACOM Technology Solutions worth $3,908,000 as of its most recent filing with the Securities and Exchange Commission.

Monday, July 9, 2018

Capital City Bank Group (CCBG) Upgraded by BidaskClub to Buy

BidaskClub upgraded shares of Capital City Bank Group (NASDAQ:CCBG) from a hold rating to a buy rating in a report published on Friday.

A number of other equities research analysts also recently issued reports on CCBG. Sandler O’Neill set a $26.00 price target on shares of Capital City Bank Group and gave the company a hold rating in a research note on Wednesday, March 28th. FIG Partners reaffirmed a market-perform rating on shares of Capital City Bank Group in a research note on Monday, April 23rd. ValuEngine downgraded shares of Capital City Bank Group from a buy rating to a hold rating in a research note on Thursday, April 26th. Finally, Zacks Investment Research downgraded shares of Capital City Bank Group from a hold rating to a sell rating in a research note on Monday, May 28th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $26.63.

Get Capital City Bank Group alerts:

Capital City Bank Group opened at $24.54 on Friday, Marketbeat.com reports. The firm has a market cap of $416.39 million, a P/E ratio of 25.19 and a beta of 0.72. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.23. Capital City Bank Group has a 52-week low of $19.76 and a 52-week high of $26.50.

Capital City Bank Group (NASDAQ:CCBG) last released its quarterly earnings results on Monday, April 23rd. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.05). The business had revenue of $34.24 million for the quarter. Capital City Bank Group had a net margin of 9.84% and a return on equity of 5.77%. equities research analysts predict that Capital City Bank Group will post 1.18 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 25th. Shareholders of record on Monday, June 11th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend was Friday, June 8th. Capital City Bank Group’s dividend payout ratio (DPR) is 31.82%.

In other Capital City Bank Group news, Treasurer Thomas A. Barron sold 5,000 shares of the business’s stock in a transaction on Tuesday, May 22nd. The shares were sold at an average price of $23.27, for a total transaction of $116,350.00. Following the transaction, the treasurer now owns 131,507 shares in the company, valued at $3,060,167.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 24.31% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Russell Investments Group Ltd. increased its position in Capital City Bank Group by 2.5% during the first quarter. Russell Investments Group Ltd. now owns 134,690 shares of the financial services provider’s stock valued at $3,333,000 after acquiring an additional 3,300 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Capital City Bank Group by 3.4% during the first quarter. Dimensional Fund Advisors LP now owns 816,412 shares of the financial services provider’s stock valued at $20,206,000 after acquiring an additional 26,860 shares during the last quarter. California Public Employees Retirement System increased its position in Capital City Bank Group by 8.1% during the first quarter. California Public Employees Retirement System now owns 39,115 shares of the financial services provider’s stock valued at $968,000 after acquiring an additional 2,915 shares during the last quarter. Teton Advisors Inc. bought a new position in Capital City Bank Group during the first quarter valued at $2,044,000. Finally, Boston Partners increased its position in Capital City Bank Group by 1.8% during the first quarter. Boston Partners now owns 161,500 shares of the financial services provider’s stock valued at $3,997,000 after acquiring an additional 2,900 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Capital City Bank Group Company Profile

Capital City Bank Group, Inc operates as the bank holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients in Florida, Georgia, and Alabama. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services.