Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
NOTE: On October 23, 2024, the press release was corrected as follows: The headline was revised to "Moody's Ratings assigns a Baa2 rating to Elevance Health's new senior unsecured debt". Revised release follows. New York , October 22, 2024 – Moody's Ratings (Moody's) has assigned a Baa2 senior unse...
New York , October 22, 2024 – Moody's Ratings (Moody's) has assigned a Baa2 senior unsecured debt rating to Elevance Health, Inc.'s (Elevance, NYSE: ELV) anticipated issuance of senior unsecured debt due in 2026, 2030, 2031, 2035, 2055 and 2064. Net proceeds from the offering will be used for genera...
NOTE: On May 20, 2024, the press release was corrected as follows: The headline was changed to "Moody's Ratings assigns a Baa2 rating to Elevance Health's new senior unsecured debt." Revised release follows. New York , May 20, 2024 – Moody's Ratings (Moody's) has assigned a Baa2 senior unsecured deb...
New York , January 30, 2023 – Moody's Investors Service, ("Moody's") has assigned a Baa2 senior unsecured debt rating to Elevance Health, Inc.'s (Elevance, NYSE: ELV) anticipated issuance of senior unsecured debt due in 2026, 2033 and 2053. Net proceeds from the offering will be used for general cor...
New York , October 26, 2022 – Moody's Investors Service, ("Moody's") has assigned a Baa2 senior unsecured debt rating to Elevance Health, Inc.'s (Elevance, NYSE: ELV) anticipated issuance of senior unsecured debt due in 2025, 2032 and 2052. Net proceeds from the offering will be used for general cor...
New York , October 26, 2022 – Moody's Investors Service, ("Moody's") has assigned a Baa2 senior unsecured debt rating to Elevance Health, Inc.'s (Elevance, NYSE: ELV) anticipated issuance of senior unsecured debt due in 2025, 2032 and 2052. Net proceeds from the offering will be used for general cor...
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.
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...
Anthem, Inc. (ANTM) currently trades below corporate yet above historical averages relative to Uniform earnings, with a 17.6x Uniform P/E (Fwd. V/E'). At these levels, markets are pricing in expectations for Uniform ROA to fade to 16%, accompanied by 5% Uniform asset growth. Meanwhile, analysts expect Uniform ROA to remain near current levels of 20%-21% through 2022, accompanied by 8% Uniform asset growth. If sustained going forward, these levels would imply a stock price closer to $659, repr...
ANTHEM (US), a company active in the Health Care Providers 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 4 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 October 29, 2021, the closing price was ...
CTSH has built an industry-leading asset-based consulting business over the past 15 years, seeing remarkably stable returns and steady investment in growth, through various economic cycles and potentially impactful regulatory changes. However, the market is expecting both their ability to drive growth and sustain and improve profitability to severely erode going forward, with UAFRS-based (Uniform) ROA falling by half and growth slowing too. While markets are overly pessimistic, management is al...
Anthem, Inc. (ANTM:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) earnings, with a 15.7x Uniform P/E. At these levels, the market is pricing in bearish expectations for the firm, and management may be concerned about Medicare Advantage contracts, their digital initiatives, and recent acquisitions. Specifically, management may lack confidence in their ability to continue winning new contracts in their Government business, sustain momentum from the North Carolina...
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....
Market expectations for ARMK are currently very pessimistic. The market is expecting UAFRS-based (Uniform) ROA to never recover to 20% historical average levels, sitting at weak 13% levels going forward, with Uniform asset growth ranging near historical lows. The market is expecting the food, facilities, and uniform outsourcing business to never recover from the pandemic, and to have operational issues too. Investors do not appear to recognize how the company could benefit from significant ma...
Anthem, Inc. (ANTM:USA) currently trades below corporate averages relative to UAFRS based (Uniform) earnings, with a 17.0x Uniform P/E. At these levels, the market is pricing in bearish expectations for the firm, and management may be concerned about their digital transformation investments, the myNexus acquisition, and pent-up demand Specifically, management may lack confidence in their ability to lower their debt-to-capital ratio, realize pent-up demand, and maintain favorable Medicaid rates ...
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