A director at Nextera Energy Inc sold 18,000 shares at 75.000USD and the significance rating of the trade was 70/100. 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 over the last two years clea...
Recessionary Signals as SPX Tests Resistance; Downgrading Energy to Underweight Our long-term outlook remains neutral on the S&P 500 (SPX) as of our 8/6/24 Compass, after being bullish since early-November 2023. Despite our expectations for a short-term rally since our 8/13/24 Compass, we still see the SPX and Nasdaq 100 (QQQ) as going through a 1- to 4-month pullback/consolidation period, and market dynamics remain concerning. Current price action on the SPX is extremely similar to prior major...
Upgrading Utilities to Overweight The S&P 500 (SPX) is back near YTD highs and testing resistance in the 5670-5783 range, and we view this as an ideal time to reduce risk and shift to defensives. We continue to believe that the SPX and Nasdaq 100 (QQQ) are going through a 1- to 4-month pullback/consolidation that could end up being a topping pattern. To recap, (1) in our 7/30/24 and 8/6/24 Compass reports we discussed how 5100-5191 was our target/bounce area on SPX, (2) we downgraded our long-t...
Shifting Exposure From Growth to Value Note: This is an abbreviated report (no detailed Sector comments or Russell grids). We will return to our normal report structure next week. While the market remains in consolidation/pullback mode and we are not out of the woods, it is possible that further downside is limited from here on the S&P 500. Since late-February, we have discussed important gap support from 2/22/24 at 4983-5050 on the S&P 500, and that as long as the S&P 500 is above 4983 that b...
NEXTERA ENERGY (US), a company active in the Conventional Electricity industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date March 18, 2022, the closing p...
eBay Inc. (EBAY) has gone through a period of rightsizing the business in order to turbocharge growth during and after the pandemic. Uniform Accounting highlights that the market is missing that eBay is poised for profitability expansion as it finalizes its business transformation and begins growing its core business, signalizing equity upside. eBay has taken the pandemic as an opportunity to grow its core platform by scaling an advertising platform, integrating its own payments system, and e...
NextEra Energy (NEE) currently trades near historical and above corporate averages relative to Uniform earnings, with a 28.4x Uniform P/E (Fwd. V/E'). At these levels, markets are pricing in expectations for Uniform ROA to expand, accompanied by 5% Uniform asset growth. Similarly, analysts expect Uniform ROA to rise to 9% in 2022, accompanied by 6% Uniform asset growth. If sustained going forward, these levels would imply a stock price closer to $69, representing 19% equity downside for the f...
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...
NextEra Energy, Inc. (NEE:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 32.8x Uniform P/E, implying bullish expectations for the firm. However, management may have concerns about their wind and solar assets, ongoing rate issues with FPL, and their renewables market share. Specifically, management may lack confidence in their ability to fully capitalize on the broad industry shift towards renewables, execute their subsidiaries' major capital in...
10-Year Treasury Yield Below Key Resistance Cyclical value areas including Financials, Materials, Manufacturing, Transportation, and equal-weighted Discretionary display short-term improvement as interest rates show signs of a potential bottom at 1.13%. This is encouraging, however we are still neutral yet constructive overall. As we noted last week, we need to see the 10-year Treasury yield breach, and hold above, 1.45%, as well as sustained price improvement by small-caps (i.e., IWM above $23...
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....
CBRL has been steadily improving UAFRS-based (Uniform) ROA the past 10 years, thanks to its strong strategy to optimize its restaurant and store business. While the market is pricing the company for returns post-pandemic to decline to multi-year lows absent 2020,the company's strategy primes them for ROA expansion. The company's resiliency through the pandemic, combined with its ability to accelerate growth with its decision to roll-out alcohol puts it in place to see significant return expansi...
NextEra Energy, Inc. (NEE:USA) currently trades at a historical high relative to UAFRS-based (Uniform) earnings, with a 36.6x Uniform P/E, implying bullish expectations for the firm. However, management may have concerns about their net income, liquidity position, and renewables demand Specifically, management may lack confidence in their ability to continue their customer support projects, repeat their origination performance in Energy Resources, and sustain net income for FPL. Furthermore, th...
Summary Westar Energy Inc. - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Westar Energy, Inc. (Westar or 'the company') is an electric utility that generates, transmits and distributes electricity to commercial, residential and industrial customers in eastern and...
MO currently trades below historical averages relative to UAFRS-based (Uniform) earnings, with an 11.7x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to decline from 211% in 2019 to 175% in 2024, accompanied by 6% Uniform asset shrinkage going forward. However, analysts have bullish expectations, projecting Uniform ROA to improve to 239% by 2021, accompanied by 2% Uniform asset shrinkage. Furthermore, management is confident about their on! brand, Operating ...
NextEra Energy, Inc. (NEE:USA) currently trades at a historical high relative to UAFRS-based (Uniform) earnings, with a 37.0x Uniform P/E, implying bullish expectations for the firm. However, management may have concerns about renewable energy projects, the Gulf Power and FPL merger, and their ability to sustain growth Specifically, management may lack confidence in their ability to sustain annual growth, the adjusted EBITDA run rate, and earnings per share. Furthermore, they may have concerns ...
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.
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.
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.
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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