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.
Aramark (ARMK) managed to survive during the pandemic, and now it has an opportunity to further consolidate the $900 billion food, facilities, and uniform management industry. Uniform Accounting highlights that the market is not pricing in this recovery. Considering management's strong execution and alignment to continue executing, equity upside is warranted. Prior to the pandemic, Aramark was consistently among the top players in the food, facilities, and uniform management industry. While the...
Aramark (ARMK) managed to survive during the pandemic, and now it has an opportunity to further consolidate the $900 billion food, facilities, and uniform management industry. Uniform Accounting highlights that the market is not pricing in this recovery. Considering management's strong execution and alignment to continue executing, equity upside is warranted Prior to the pandemic, Aramark was consistently among the top players in the food, facilities, and uniform management industry. While ...
ARAMARK (US), a company active in the Business Support Services industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis d...
HCA Healthcare (HCA) intelligently grew its portfolio of hospitals during the pandemic, positioning it better for the future. Uniform Accounting highlights that the market is pricing in a reversal of HCA's historical profitability trends, signaling the potential for equity upside. For the last 12+ years, HCA Healthcare has consistently grown its network of hospitals to be the largest chain in the country. Along the way, it has continuously realized efficiencies that have pushed Uniform ROA...
Aramark (ARMK) currently trades above corporate and near historical averages relative to Uniform earnings, with a 26.3x Uniform P/E (Fwd. V/E'). At these levels, markets are pricing in expectations for Uniform ROA to expand to 12%, accompanied by 7% Uniform asset growth. Given the firm's ability to leverage its scale to take share from competitors, there is fundamental potential for stronger-than-priced-in performance. If the company can capitalize on its positioning, it could drive Uniform R...
Current expectations for Aramark (ARMK) don't seem to understand the company from a macro or strategic perspective. At current valuations, the market expects the food, facilities, and uniform outsourcing business to never fully recover from the pandemic, and to have sustained operational issues. Investors do not appear to recognize the extent to which the world is re-opening, nor the economic tailwind that will be for Aramark's business. More companies may be looking to outsource these offer...
NOC is one of the largest and most trusted U.S. defense contractors. With its business units well aligned to the fastest growing military spending areas, and with recent contract wins for the B-21 bomber and its ICBM program, Northrop Grumman has the potential to see its returns shift to a higher plateau. However, the market is expecting the company's growth to be lower than historical levels, and it projects profitability to struggle, with UAFRS-based (Uniform) ROA falling to a four year low ...
Aramark (ARMK:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 24.9x Uniform P/E, implying somewhat bullish expectations for the firm. However, although management may have concerns about margins, new business, and costs, market expectations are still too pessimistic, and equity outperformance is likely warranted. Specifically, management may be overstating the potential of their Food Lab launch and their client retention success. In addition, th...
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....
Normally, coming out of a recession is a long recovery for airlines. However, JBLU appears to be set up to have a stronger recovery than anyone is expecting, and to see returns jump thanks to smart strategy change it has made. Just 5 years ago, the company saw UAFRS-based (Uniform) ROA double in a year by implementing premium-class offerings on its routes for the first time. Now, it is set to follow that exact same playbook again, but on even more valuable routes this time, as it plans to launch...
Aramark (ARMK:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 31.4x Uniform P/E, implying somewhat bullish expectations for the firm. Given management's confidence about growth investment benefits, Uniform segment demand, and university reopenings, market expectations are still too pessimistic, and equity outperformance is likely warranted Specifically, management is confident the long-term benefits of their growth investments are becoming evide...
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...
Aramark (ARMK:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 42.4x Uniform P/E. At these levels, the market has somewhat bullish expectations for the firm. Although management's concerns about sales growth resources, contract renegotiations, and ABS implementation suggest the potential for near-term headwinds, market expectations are still too bearish, and longer-term equity outperformance is likely warranted Specifically, management may lack c...
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...
Aramark (ARMK:USA) currently trades at a historical high relative to UAFRS-based (Uniform) earnings, with a 61.9x Uniform P/E. At these levels, the market has relatively muted expectations for the firm. Given management's confidence in their innovation-driven growth, strong position to serve, and new delivery models, market expectations are overly bearish, and longer-term equity outperformance is likely warranted Specifically, management is confident in their decision to extend pickup solutions...
BHC currently trades well below corporate averages relative to Uniform earnings, with a 9.1x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to fall from 45% in 2019 to 20% in 2024, accompanied by 2% Uniform asset growth going forward. However, analysts have bullish expectations, projecting Uniform ROA to expand to 51% by 2021, accompanied by 3% Uniform asset shrinkage. Furthermore, management is confident about the eye health spinoff, script recovery, and Pro...
Aramark (ARMK:USA) currently trades near historical highs relative to UAFRS-based (Uniform) earnings, with a 38.1x Uniform P/E. Even at these levels, the market has bearish expectations for the firm. Although management's concerns about Business & Industry customers, growth opportunities, and deleveraging ability suggest the potential for near-term headwinds, market expectations are far too bearish, and longer-term equity outperformance is likely warranted Specifically, management may lack conf...
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