A director at Prologis Inc sold/sold after exercising options 10,997 shares at 118.740USD and the significance rating of the trade was 82/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors ove...
Hyatt Hotels Corporation (H) is positioned to survive and thrive post-pandemic, and it's starting to show signs that it is executing on its long-term transformational goals. Uniform Accounting confirms that the market is not pricing in a material change to profitability, suggesting equity upside continues to be warranted Before the pandemic, Hyatt began transforming its business model to focus on a franchise model, similar to what hotel giants Hilton and Marriott have already done. The pande...
Prologis (PLD) currently trades above corporate and historical averages relative to Uniform earnings, with a 55.5x Uniform P/E (Fwd. V/E'). At these levels, markets are pricing in expectations for Uniform ROA to expand to record highs, accompanied by 3% Uniform asset growth. Meanwhile, analysts expect Uniform ROA to improve to 6% by 2022, accompanied by 2% Uniform asset growth. If sustained going forward, these levels would imply a stock price closer to $61, representing significant potential...
The independent financial analyst theScreener just lowered the general evaluation of PROLOGIS REIT (US), active in the Real Estate Investment Trusts industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date January 18, 2022, the closing price was USD 153.43 a...
Penn National Gaming (PENN) is positioned to benefit from its smart positioning and the sports betting boom happening in the U.S. Uniform Accounting highlights that the market isn't pricing in the company's potential profitability expansion as it continues growing its market share, suggesting equity upside. As sports betting becomes legalized around the country, the legal market has the opportunity to potentially double from its current size. Penn, with its regionally diverse footprint and powe...
Nippon Prologis Reit (3283 JP) is looking to raise around US$265m in its global follow-on offering to acquire three logistics properties. We have covered a number of past placements in the name, most of which have done well. In this note, we will talk about the deal dynamics and run the deal through our ECM framework. We have covered the REIT's past placements in: Nippon Prologis REIT Placement: DPU Accretive Despite Lower NOI Yield than past Deals in Jan 20 Nippon Prologis REIT Placement -...
Prologis, Inc. (PLD) currently trades above corporate and historical averages relative to Uniform earnings, with a 61.1x Uniform P/E (Fwd. V/E'). At these levels, markets are pricing in expectations for Uniform ROA to expand to record highs, accompanied by 3% Uniform asset growth. Meanwhile, analysts expect Uniform ROA to improve to 5% by 2022, accompanied by 3% Uniform asset shrinkage. If sustained going forward, these levels would imply a stock price closer to $31, representing significant ...
Conditions Continue To Improve The Russell 2000 (IWM) has been moving sideways for 7 months between $208 and $234.50, emblematic of the mixed market environment that we still find ourselves in. As long as $208 support holds we remain constructive on the overall market. On the plus side, conditions have been improving over the past two weeks -- not getting worse (more on this below). This increases the odds of a breakout above $234.50 on the IWM in the coming weeks or months, which would signal ...
Current market expectations for EBAY are excessively pessimistic. Markets expect UAFRS-based ROA (Uniform ROA or ROA') to decline significantly going forward, even though ROA' has remained robust since the company spun off the PayPal business in 2015. However, EBAY has robust economic moats in its core marketplace, and it has successfully simplified its business by selling a number of controlling interests it held in businesses like StubHub, European classifieds, and Korean classifieds. It i...
Prologis, Inc. (PLD:USA) currently trades at a recent high relative to UAFRS-based (Uniform) earnings, with a 52.0x Uniform P/E. At these levels, the market is pricing in bullish expectations for the firm, but management may have concerns about their growth targets, the sustainability of leasing demand, and their Strategic Capital business. Specifically, management may lack confidence in their ability to meet all-time high rent forecasts, achieve their net promote income target, and reach their...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
LPLA has significantly transformed their business returns, but the market is expecting the company to give operational improvements back. The market is expecting UAFRS-based (Uniform) ROA (ROA') to fade from 30% in 2019 to 18% in 2024, with Uniform asset growth of around 7.5% a year going forward. The market does not think the company's improvement in Uniform ROA from 15%-20% levels historically to towards 30%+ is sustainable, and is expecting the company to see its operating leverage rever...
Prologis, Inc. (PLD:USA) currently trades at a recent high relative to UAFRS-based (Uniform) earnings, with a 51.2x Uniform P/E. At these levels, the market is pricing in bullish expectations for the firm, but management may have concerns about weakness in the California market, e-commerce customer growth, and occupancy rates Specifically, management may be concerned about weakness in the Bay Area market, volatility in the real estate market in Spain, and the slowdown in growth in the Californi...
Current market expectations for CVS are excessively pessimistic. Markets expect UAFRS-based (Uniform) ROA (ROA') to roll over to prior lows from 2010-2011. However, the company's fundamental strategy is likely to lead to continued ROA' expansion. CVS has been evolving into a full-service healthcare firm since their acquisition of Caremark in 2007, which led to initial ROA' expansion to 15%-17% levels. This was followed by continued investment in healthcare solutions and monetizing their data o...
Prologis, Inc. (PLD:USA) currently trades at a recent high relative to UAFRS-based (Uniform) earnings, with a 52.1x Uniform P/E. At these levels, the market is pricing in bullish expectations for the firm, but management may have concerns about inventory, growth, and demand Specifically, management may be overstating the foundation they have built, and they may be concerned about the continued stability of e-commerce growth. In addition, they may lack confidence in their ability to provide spac...
ENS currently trades below corporate averages relative to UAFRS-based (Uniform) earnings, with a 17.1x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to decline from 12% in 2020 to 10% in 2025, accompanied by 3% Uniform asset growth going forward. However, analysts have bullish expectations, projecting Uniform ROA to expand to 13% by 2022, accompanied by 3% Uniform asset shrinkage. Furthermore, management is confident about their investments, technology, and ...
Prologis, Inc. (PLD:USA) currently trades at recent highs relative to UAFRS-based (Uniform) earnings, with a 52.1x Uniform P/E. At these levels, the market is pricing in bullish expectations for the firm, but management may have concerns about the sustainability of demand, their ability to improve leasing, and Walmart's online transition Specifically, management may lack confidence in their ability to execute the sale of Liberty's portfolio in the U.K., improve strategic capital revenue, and su...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
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