Stock Company – Pivdencom Bank http://pivdencombank.com/ Sat, 19 Nov 2022 16:54:16 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://pivdencombank.com/wp-content/uploads/2021/06/cropped-favicon-32x32.png Stock Company – Pivdencom Bank http://pivdencombank.com/ 32 32 3 stocks paying dividends ranging from 550% to 600%, record date next week https://pivdencombank.com/3-stocks-paying-dividends-ranging-from-550-to-600-record-date-next-week/ Sat, 19 Nov 2022 16:54:16 +0000 https://pivdencombank.com/3-stocks-paying-dividends-ranging-from-550-to-600-record-date-next-week/

The amount of cash paid by a company to its shareholders is known as a dividend, which is the portion of the company’s profits distributed from reserves to shareholders. To be eligible to receive dividends, a shareholder must have his name on the company’s register on the date of registration. The record date for the interim dividends of Polyplex Corporation, EID-PARRY (India) and Tide Water Oil Co. (India) Ltd falls next week, which means that shareholders must be registered in the company’s register this such day or record date in order to qualify for the declared dividends referred to herein.

Tide Water Oil Co. (India) Ltd

The company said in a filing that its board had “declared a second interim dividend of 600% (Rs. 12/- per ordinary share of par value Rs. 2/- each) for the financial year 2022 -23. Determined as Tuesday, November 22, 2022, as the record date for the purposes of the aforementioned second interim dividend distribution. The dividend must be paid within 30 days from the date of declaration (i.e. say before Tuesday, December 13, 2022).”

In comparison to the Rs. 394.06 crores reported in Q2FY22, the company reported net sales of Rs. 448.02 crores in Q2FY23, reflecting a year-on-year growth of 13.69%. In Q2FY23, the company reported net profit of Rs. 20.43 crore, down from Rs. 32.00 crore in Q2FY22 and a year-on-year decline of 36.16%. Earnings per share (EPS) of Tide Water Oil fell from Rs. 18.83 in September 2021 to Rs. 12.02 in the quarter that ended September 2022. With a market valuation of Rs. 1,742 .75 crores, Tide Water Oil Ltd. is a small capitalization company active in the energy sector.

Shares of Tide Water Oil closed Friday at 1,002 each. On a YTD basis, the stock has fallen 32.47% so far in 2022.

EID-PARRY (INDIA)

The company said in a stock exchange filing that “the board has approved the payment of an interim dividend for the financial year 2022-23 at Rs.5.50/- (five rupees and fifty paise only) per share, representing 550%, on equity shares of the par value of Re.1/- each fully paid. The record date for the purpose of payment of the interim dividend will be 23 November 2022. The interim dividend will be paid to shareholders whose the name appears in the register of members on the record date with regard to shares held in physical form and in the case of shares held in dematerialized form, according to the indications to be provided by the Custodians on the Record Date The interim dividend will be paid from 6 December 2022, but within 30 days from the date of declaration of the interim dividend, as required by the Companies Act 2013.”

In comparison to the Rs. 6,978.41 crores reported in Q2FY22, the company reported net sales of Rs. 11,327.63 crores in Q2FY23 on a consolidated basis, reflecting a year-on-year increase of 62.32%. In Q2FY23, the business recorded a net profit of Rs. 241.40 crore, down 1% year-on-year against the rupees. 243.84 crore reached in Q2FY22. EID Parry’s EPS fell from Rs. 13.77 in September 2021 to Rs. 13.60 in the quarter that ended September 2022.

On an individual basis, the company reported net sales of 645.81 crores in Q2FY23 compared to Rs. 438.09 Cr posted in Q2FY22, representing a year-on-year gain of 47.41%. An increase of 16.31% from the Rs. 73.19 crores reported in Q2FY22, the company reported a net profit of Rs. 85.13 crores in Q2FY23. EID Parry’s EPS fell from Rs. 4.13 reported in the same quarter the previous year to Rs. 4.80 in the quarter that ended September 2022.

Shares of EI D-Parry (India) Ltd closed Friday at 625.85 each, down 0.64% from the previous close of 629.85. On a YTD basis, the stock has gained 37.31% so far in 2022.

Polyplex Company

For the 2022-2023 fiscal year, Polyplex Corporation announced an interim/special dividend of 550%. For the purposes of payment of the aforementioned dividend, November 25, 2022 has been set as the record date. The ex-date will be November 24, 2022, according to currently available BSE data. The company said in a stock market filing that its board had considered and approved “Declaration and payment of an interim/special dividend for the financial year 2022-23 @ Rs. 55/- per share (including special dividend @ Rs. 35/- per share) of par value of Rs. 10/- each, subject to TDS/Withholding Tax. The “record date” for the purposes of payment of the aforementioned dividend has been set as November 25, 2022.”

The company recorded net sales of 2,089.29 crore on a consolidated basis in Q2FY23 as opposed to 1,547.58 crores in Q2FY22, a 35% YoY increase. In the quarter ended September 2022, net profit stood at Rs. 115.02 crores, up 19.76% from Rs. 96.04 crores reported in the same period of the year. last year. As of Q2FY23, the earnings per share (EPS) of the company rose to Rs. 36.64 from rupees. 30.59 at T2FY22.

In terms of standalone sales, the business recorded net sales of Rs. 467.89 crore in Q2FY23, an increase of 13.86% from Rs. 410.95 crore reported in Q2FY22. In Q2FY23, net profit fell by 79.64% compared to Q2FY22 net profit of Rs. 188.40 crore to Rs. 38.36 crore. The earnings per share (EPS) of Polyplex Corp. decreased from Rs. 60.01 in September 2021 to Rs. 12.22 in September 2022.

Shares of Polyplex Corp Ltd closed Friday at 1,845.00 each, up 1.47% from the previous close of 1,818.25. On a YTD basis, the stock is down 2.11% so far in 2022.

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Sea Ltd shares jump 41% after renewed focus on profitability https://pivdencombank.com/sea-ltd-shares-jump-41-after-renewed-focus-on-profitability/ Wed, 16 Nov 2022 07:03:20 +0000 https://pivdencombank.com/sea-ltd-shares-jump-41-after-renewed-focus-on-profitability/

Sea Limited logo seen displayed on a smartphone screen.

Raphael Henrique | Sopa Pictures | Light flare | Getty Images

Shares of Sea Limited jumped 41% following the announcement of its third-quarter financial results on Tuesday, after the company said it would renew its focus on profitability rather than outright growth.

In early morning Asia time, the stock was trading at around $62.70 after hours. Its previous close was $45.80.

“Given the significant uncertainties in the macroeconomic environment, we have completely shifted our mindset and focus from growth to achieving self-sufficiency and profitability as soon as possible, without depending on any external funding,” said Forrest Li, Chairman and CEO of Sea Group. Limit.

Shares of Sea Ltd are down more than 70% since the start of the year. The company owns online shopping platform Shopee and gaming arm Garena, two of its major money-making divisions.

The company fell deeper into the red in the third quarter ending in September, when the adjusted EBITDA loss was $358 million. This compares to the loss of $166 million in the same period last year. EBITDA is a measure of profitability that shows earnings before interest, taxes, depreciation and amortization.

In a bid to stem losses, the Singapore-based tech giant has laid off more than 7,000 employees, or around 10% of its workforce, in the past six months, according to local media.

In September, its senior management also announced that it would waive salaries “until the company achieves self-sufficiency”.

E-commerce and fintech see revenue increase, but gaming declines

The e-commerce and financial services units recorded a year-over-year increase in EBITDA for the third quarter ending in September, but were offset by a disappointing performance in game sales.

Shopee’s adjusted EBITDA loss was $495.7 million, improving 27.5% year-over-year, “due to strong revenue growth and operating cost efficiency improvements”.

“We are currently working towards achieving adjusted EBITDA breakeven point for Shopee as a whole by the end of 2023,” Li said.

EBITDA loss from its digital financial services unit, which includes Shopee Pay and its buy now, pay later service SPAyLater, narrowed to $67.7 million, a 57.4% improvement from a year ago, “primarily due to more focused sales and marketing spend for the mobile wallet business.”

Meanwhile, its games arm Garena saw adjusted EBITDA drop about 60% year-over-year to $289.9 million for the third quarter.

“Garena plans to launch new games,” Li said at the press conference. Free Fire, a global hit, struggled after India banned the game in early 2022.

The sea has also fallen his Garena’s expected full-year 2022 bookings would be between $2.6 billion and $2.8 billion, compared to previous guidance of between $2.9 billion and $3.1 billion dollars, due to “increasing macroeconomic uncertainties”.

Reduce expansion

Sea said it did not intend to provide 2023 guidance for its business, given continued macroeconomic uncertainties.

The Singapore-based company has faced several setbacks this year, including investor Tencent Holdings the reduction of its stake in the company, the banning of the Free Fire gaming app by India and the closure of Shopee’s operations in Latin America, including markets in Argentina, Chile, Colombia and the Mexico.

The tech company also pulled out of India and France to focus on key markets in Brazil, Southeast Asia and Taiwan in March.

The revenues of Sea Ltd.  in the first quarter exceed estimates, but losses increase

“Brazil continues to be a growing market and we will continue to invest in the market,” Li said on the conference call.

After these setbacks and billions in accumulated losses, she realized that chasing after growth was not a sustainable strategy. Sea’s adjusted EBITDA loss for fiscal 2021 was $593.6 million, compared to adjusted EBITDA profit of $107 million in 2020.

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Shares of Tiangong International Company Limited (HKG:826) are on a bullish trend: Are strong financials guiding the market? https://pivdencombank.com/shares-of-tiangong-international-company-limited-hkg826-are-on-a-bullish-trend-are-strong-financials-guiding-the-market/ Sun, 13 Nov 2022 00:09:38 +0000 https://pivdencombank.com/shares-of-tiangong-international-company-limited-hkg826-are-on-a-bullish-trend-are-strong-financials-guiding-the-market/

Most readers will already know that Tiangong International (HKG:826) stock is up a significant 31% over the past month. Since the market usually pays for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could influence the market. Specifically, we decided to study the ROE of Tiangong International in this article.

ROE or return on equity is a useful tool for evaluating how effectively a company can generate returns on the investment it has received from its shareholders. In simple terms, it is used to assess the profitability of a company in relation to its equity.

Our analysis indicates that 826 is potentially overrated!

How to calculate return on equity?

Return on equity can be calculated using the formula:

Return on equity = Net income (from continuing operations) ÷ Equity

So, based on the above formula, the ROE for Tiangong International is:

9.7% = 679 million Canadian yen ÷ 7.0 billion Canadian yen (based on the last twelve months to June 2022).

The “yield” is the profit of the last twelve months. This means that for every HK$1 of equity, the company generated HK$0.10 of profit.

Why is ROE important for earnings growth?

We have already established that ROE serves as an effective profit-generating indicator for a company’s future earnings. Based on the share of its profits that the company chooses to reinvest or “keep”, we are then able to assess a company’s future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and earnings retention, the higher a company’s growth rate relative to companies that don’t necessarily exhibit these characteristics.

Tiangong International profit growth and ROE of 9.7%

For starters, Tiangong International’s ROE seems acceptable. Even compared to the industry average of 12%, the company’s ROE looks pretty decent. This certainly adds some context to Tiangong International’s outstanding 30% net income growth seen over the past five years. We believe that there could also be other aspects that positively influence the company’s earnings growth. For example, it is possible that the management of the company has made good strategic decisions or that the company has a low payout ratio.

We then performed a comparison of Tiangong International’s net income growth with the industry, which revealed that the company’s growth is similar to the average industry growth of 29% over the same period. .

SEHK: 826 Past Earnings Growth Nov 13, 2022

Earnings growth is an important metric to consider when evaluating a stock. It is important for an investor to know whether the market has priced in the expected growth (or decline) in the company’s earnings. This will help them determine if the future of the title looks bright or ominous. Is Tiangong International correctly valued compared to other companies? These 3 assessment metrics might help you decide.

Does Tiangong International use its profits effectively?

Tiangong International’s three-year median payout ratio is a rather moderate 30%, meaning the company retains 70% of its revenue. This suggests that its dividend is well covered, and given the strong growth we discussed above, it looks like Tiangong International is reinvesting its earnings effectively.

Additionally, Tiangong International is committed to continuing to share its profits with shareholders, which we infer from its long history of paying dividends for at least ten years.

Conclusion

Overall, we believe Tiangong International’s performance has been quite good. In particular, it is good to see that the company is investing heavily in its business and, along with a high rate of return, this has resulted in significant growth in its profits. Looking at current analyst estimates, we found that analysts expect the company to continue its recent growth streak. Are these analyst expectations based on general industry expectations or company fundamentals? Click here to access our analyst forecast page for the company.

Valuation is complex, but we help make it simple.

Find out if Tiangong International is potentially overvalued or undervalued by viewing our full analysis, which includes fair value estimates, risks and warnings, dividends, insider trading and financial health.

See the free analysis

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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Is Trex Company Inc (TREX) stock a smart Thursday investment? https://pivdencombank.com/is-trex-company-inc-trex-stock-a-smart-thursday-investment/ Thu, 10 Nov 2022 18:00:24 +0000 https://pivdencombank.com/is-trex-company-inc-trex-stock-a-smart-thursday-investment/

Trex Company Inc (TREX) stock is down -61.72% over the past 12 months, and the average Wall Street analyst rating is Buy. InvestorsObserver’s proprietary ranking system, gives TREX stock a score of 26 out of a possible 100.

This ranking is primarily influenced by a short-term technical score of 25. TREX’s ranking also includes a long-term technical score of 31.

TREX has an overall score of 26. Find out what this means for you and get the rest of the rankings on TREX!

What’s Happening With TREX Stock Today

Trex Company Inc (TREX) stock gained 12% while the S&P 500 was up 4.09% at 12:52 p.m. Thursday, November 10. TREX was up $5.22 from the previous closing price of $43.49 on volume of 1,325,495 shares. Over the past year, the S&P 500 is down -16.03% while the TREX is down -61.72%. TREX has earned $1.75 per share over the past 12 months, giving it a price-to-earnings ratio of 27.8. Click here for the full Trex Company Inc. stock report.

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Peloton (PTON) Reports First Quarter Results https://pivdencombank.com/peloton-pton-reports-first-quarter-results/ Thu, 03 Nov 2022 11:01:38 +0000 https://pivdencombank.com/peloton-pton-reports-first-quarter-results/

Brody Longo trains on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey.

Michel Loccisano | Getty Images

Platoon posted a bigger-than-expected loss in its fiscal first quarter as a sharp decline in connected fitness product revenue offset an increase in subscription revenue.

The shares fell more than 20% in premarket trading on Thursday. As of Wednesday’s close, Peloton’s stock had fallen about 75% so far this year.

Here’s how the fitness equipment maker performed against Wall Street estimates, according to Refinitiv.

  • Loss per share: $1.20 versus 64 cents, expected
  • Revenue: $616.5 million vs. $650.1 million, expected.

Revenue fell 23% compared to the same period last year. Peloton’s revenue outlook for the holiday quarter of $700 million to $725 million would mark a quarter-over-quarter increase, but is well below analyst estimates of $874 million.

“Given the macroeconomic uncertainties, we believe near-term demand for Connected Fitness hardware is likely to remain challenging,” the company said.

Peloton CEO Barry McCarthy said in an earnings announcement Thursday that the company’s turnaround was a “work in progress.” The company has been grappling with the end of pandemic-era demand, when lockdowns spurred the growth of home exercise. This year the company undertook major management changes, massive layoffs and a new business strategy under McCarthy. The company has moved beyond its direct-to-consumer roots into deals with other retailers and into a model that emphasizes subscriptions.

“The ship is turning,” McCarthy, a former Spotify and Netflix executive, said Thursday.

Co-founder and former CEO John Foley stepped down as chairman of the board in September along with co-founder and chief legal officer Hisao Kushi, followed soon after by Peloton chief marketing officer Dara Treseder. Foley had resigned as CEO in February, when he was replaced by McCarthy.

McCarthy led an extensive turnaround effort for the company. He oversaw thousands of layoffs, including 500 job cuts in early October. Cost-cutting efforts were coupled with new initiatives to sell more bikes and increase Peloton’s digital subscribers.

Subscription revenue increased to $412.3 million from $304.1 million last year. Meanwhile, revenue from connected fitness products fell to $204.2 million from $501 million. Peloton’s gross margin of 35.2% was broadly in line with expectations and a drastic improvement from the negative 4.4% in the prior quarter.

Peloton reported 6.7 million total members, down from 6.3 million last year, but down from 6.9 million in the prior quarter. McCarthy said the company hopes to one day reach 100 million members.

The company also touted its improved free cash flow, which was negative $246.3 million from $411.9 million in the prior quarter and negative $651.9 million a year ago. . Peloton said it hopes to be close to breakeven on this by the second half of the fiscal year.

Among McCarthy’s recent moves was Peloton’s decision to sell bikes and treads through Amazon and by dick Sport stuff. The company also began certifying used bikes and expanded its bike rental program nationwide. And, in partnership with Hilton, the company is set to put bikes in the fitness centers of about 5,400 hotels across the country.

The first quarter also saw the release of Peloton’s $3,195 rowing machine. Most recently, the company extended its refund period for its recalled Tread+ treadmill, which was recalled following multiple user injuries and one fatality.

The company reported $199 million in recall reserves, restructuring expenses and impairment in the first quarter as it continues its turnaround.

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Shares of Stryker Corp. fall after company downgrades 2022 outlook https://pivdencombank.com/shares-of-stryker-corp-fall-after-company-downgrades-2022-outlook/ Mon, 31 Oct 2022 22:01:00 +0000 https://pivdencombank.com/shares-of-stryker-corp-fall-after-company-downgrades-2022-outlook/

Stryker Corp stock. SYK,
+0.00%
fell more than 4% in Monday’s extended session after the maker of surgical equipment and other medical devices reported third-quarter results that beat analysts’ expectations, but lowered its profit outlook for the year, thanks to inflation and a stronger dollar. Striker earned $816 million, or $2.14 per share, in the quarter, compared with $495 million, or $1.14 per share, a year earlier. Adjusted for one-time items, Stryker earned $2.12 per share. Sales reached $4.48 billion, down from $4.16 billion. Analysts polled by FactSet had expected GAAP earnings of $1.77 per share on sales of $4.46 billion. “The worsening of foreign currencies and continued inflation, including premiums on cash purchases for key components, have put pressure on our adjusted earnings and will impact our full year results. We are taking further steps to resolve these persistent issues,” Chief Executive Kevin Lobo said in a statement. Stryker said it expects 2022 net sales to be “negatively impacted” by about 4% and adjusted EPS to decline about 35 cents to 40 cents over the course of the year. He called for adjusted EPS between $9.15 per share and $9.25 per share for the year given “continued inflationary pressures” as well as a stronger dollar. In July, the company guided adjusted EPS between $9.30 and $9.50 for the year. Stryker shares ended the regular trading day flat.

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Is General Motors stock ready for a turnaround? 3 charts that might convince you https://pivdencombank.com/is-general-motors-stock-ready-for-a-turnaround-3-charts-that-might-convince-you/ Sat, 29 Oct 2022 09:15:00 +0000 https://pivdencombank.com/is-general-motors-stock-ready-for-a-turnaround-3-charts-that-might-convince-you/

Detroit automaker General Motors (GM 1.81%)has lost around 35% of its value since the start of the year, as the company faces chip shortages, economic uncertainty and the possibility that rising interest rates will hamper consumer demand in the short term. term.

Despite these headwinds, GM delivered a strong third quarter, and here are three simple charts from its North American profit region that might convince you that it’s ready to reverse its decline even in the face of uncertainty.

Record turnover

GMNA net revenue and inventory from the third quarter 2022 earnings deck. Image source: General Motors.

These two charts go together (think of it as a 2-to-1 bonus) and show why GM might be poised to continue to improve in the near term. After a year of inventory crippled by semiconductor chip shortage, the company is finally improving its supply chain/chip shortage and inventory.

Improved supply chain led to increased inventory, which is a positive thing at the moment, which helped to drive wholesale sales up 85% year-over-year and resulted in the highest quarterly revenue result ever of $34.7 billion. Expect this trend to continue in 2023.

Solid net income

Chart showing jump in EBIT-adjusted margins

GMNA EBIT-ADJ Third Quarter 2022 Earnings Platform results. Image source: General Motors.

As many investors painfully know, rising revenue doesn’t matter as much if the bottom line is moving in the opposite direction, especially for companies as large and established as General Motors.

The good news is that GM posted exceptionally strong EBIT-adjusted earnings with a strong margin of 11.2% and gained 320 basis points of market share in the United States, compared to the third quarter. of the previous year.

The future is coming, fast

Chart showing GM's electric vehicle sales in the United States nearly doubled from the previous quarter.

GM electric vehicle sales. Image source: General Motors Third Quarter 2022 Earnings Presentation.

Perhaps the most compelling reason GM is poised to turn itself around is its preparation for the next electric vehicle (EV) revolution. Over the past few decades, management arrogance crippled the company as consumer tastes changed, but that’s no longer the case, and GM has long been preparing for a shift in electric vehicle sales. .

2024 Silverado from General Motors.

2024 Silverado EV RST from General Motors. Image source: General Motors.

GM posted its best quarterly electric vehicle sales result, nearly doubling its market share in North America from the second quarter. Expect this trend to continue as it prepares to launch a number of luxury trucks, SUVs and electric vehicles over the next two years. As the automaker scales its Ultium platform in the near term, it will position the company to increase the volume, efficiency and profitability of its electric vehicles over time.

Ready for a turnaround?

GM’s third quarter was strong in the face of headwinds, and these charts from its North America earnings-producing region suggest the company has momentum in key areas to help push its results up until those Headwinds can potentially turn into tailwinds.

Third-quarter earnings helped the company confirm its full-year guidance in the face of challenging economic environments and boosted GM’s auto free cash flow by $9 billion from to the previous year.

A quarter isn’t a trend, but if management continues to improve its supply chain and meet high expectations for electric vehicles, GM is definitely well positioned for a rebound.

Daniel Miller holds positions at General Motors. The Motley Fool has no position in the stocks mentioned. The Motley Fool has a disclosure policy.

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Why Silvergate Capital Stock Had a Wacky Wednesday https://pivdencombank.com/why-silvergate-capital-stock-had-a-wacky-wednesday/ Wed, 26 Oct 2022 22:49:37 +0000 https://pivdencombank.com/why-silvergate-capital-stock-had-a-wacky-wednesday/

What happened

Silvergate Capital (IF -4.55%) the stock had a few bumps and jumps on the day of the bump, at one point rising 4% from its close on Tuesday before stabilizing at a loss of nearly 5%. This is due to the usual volatility of cryptocurrency-related assets, but also due to the latest position taken by an influential investment bank on the shares of the specialist lender.

So what

Sentiment on Silvergate, a bank that operates a trading platform for institutional investors that allows them to trade to and from cryptocurrency exchanges, is often swayed by how investors generally feel at the regard to coins and tokens. These have generally gone up in price over the past few days. For that reason, at least some investors were bullish on crypto-related assets like Silvergate — hence the spikes in its share price on Wednesday.

But it couldn’t quite overcome a downgrade in recommendation, and from a top company at that. After market hours on Tuesday, Goldman Sachs (GS 0.99%) analyst Will Nance cut his recommendation on Silvergate shares to neutral from his previous long. Rubbing salt in the wound, Nance also cut his price target significantly to $64 per share from the previous $108.

Goldman’s tipster moves come just over a week after Silvergate announced third-quarter results that missed both the top and bottom. Following this, the stock was hit by a series of price target declines.

Nance’s main rationale is, as he wrote, that “we believe that greater uncertainty about the growth trajectory of deposits, combined with reduced sensitivity to interest rates, primarily depending on the hedging of the company, will likely prevent stocks from outperforming”.

Now what

In other words, despite being lumped together as a cryptocurrency stock, Silvergate remains, at its core, a traditional bank. As such, it is subject to changes in interest rates; as these have increased of late and look to continue on this trajectory, demand for corporate loans is likely to subside.

Eric Volkman has no position in the stocks mentioned. The Motley Fool fills positions and recommends Goldman Sachs. The Motley Fool recommends Silvergate Capital Corporation. The Motley Fool has a disclosure policy.

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Comparison of two IT giants by the numbers https://pivdencombank.com/comparison-of-two-it-giants-by-the-numbers/ Sun, 23 Oct 2022 15:19:04 +0000 https://pivdencombank.com/comparison-of-two-it-giants-by-the-numbers/

Key points to remember

  • Dell and HP together control more than 50% of the US PC market at any given time.
  • Both stocks have experienced significant volatility over the past year.
  • Investors should review a company’s financial statements and strategy to decide whether to add either stock to your portfolio.

Dell and HP are two of the largest computer manufacturers in business today. In April of this year, Dell held the lead in PC market share, controlling 27.2% of the market. HP suffered some losses but still has about 23% of the US PC market.

If you want to invest in computer manufacturers, HP and Dell might catch your eye. Here’s what investors need to know to start evaluating these stocks.

A brief history of Dell

Dell was founded in 1984 by Michael Dell and began by selling PCs built from stock components directly to consumers. Dell dropped out of college to focus on business, and the company produced the first computer it designed in 1985.

The company grew rapidly during the 1990s, especially as the Internet grew in popularity and more sales were made through the company’s website. It gained market share and became the largest PC maker in the United States in 1999.

In the wake of the dot-com bubble, the mid-2000s saw a downturn for the company, with its stock values ​​dropping dramatically. It began to lose market share to competitors who sold through specialty retailers rather than directly to consumers.

The company went private in 2013 in a takeover by Michael Dell. It went public again in 2018 and posted strong financial performance, recording $94 billion in sales and $13 billion in operating cash flow in 2020.

A brief history of HP

HP Inc., formerly Hewlett-Packard, was founded in 1939 by Bill Hewlett and David Packard (yes, yes, in a garage), both Stanford electrical engineering graduates. His first product was an audio oscillator. He sold some units to Walt Disney Studios for use in the movie Fancy.

In the 1960s, HP helped establish Silicon Valley, and as the company began to develop semiconductors. HP entered the computer market in 1966. During the 1970s, HP focused on commercial, scientific, and industrial markets. Meanwhile, Apple co-founder Steve Wozniak worked for the company and offered HP the right of first refusal on his design for what would become the Apple i. HP refused.

1984 saw the first HP printers and scanners. The 1990s saw the expansion of HP’s computer line to include sales to consumers rather than industries and universities.

Throughout the 2000s, HP continued to expand its product line, adding desktops, workstations, and notebooks. This expanded its market share in personal computing.

How these stocks compare

Since HP and Dell combine to control more than 50% of the PC industry in the United States, it’s no secret that they are big players. If you’ve purchased a computer recently, you’ve probably considered a model or two from each of these brands.

Here are the numbers:

Revenue

For the quarter ending July 29, Dell reported total revenue of $26.425 billion. This number is a slight increase from the $26.116 billion in the previous quarter.

HP, on the other hand, posted revenue of $14.664 billion, up from $16.490 billion in the previous quarter. That’s a drop of more than 11%, which could indicate potential problems for the company despite its large market share.

Since Dell’s revenue is growing and is significantly higher than HP’s, Dell is the clear winner in this category.

TryqAbout the Tech Rally Kit | Q.ai – a Forbes company

Net revenue

Net income measures how much money a business has left after paying all of its expenses.

For the quarter ending July 29, Dell’s net profit was $506 million. That’s down from the previous quarter of $1.069 billion, but an improvement from the quarter that ended in January, which saw a net income loss of $29 million.

HP’s net profit for the quarter ending July was $1.119 billion, up from $1 billion in the prior quarter.

Despite the drop in revenue, HP was able to generate a higher net income, which is a good sign for the future of the company.

Assets and liabilities

For the quarter ending July 29, Dell reported aggregate assets of $88.775 billion and liabilities of $91.530 billion. This puts its net assets minus its liabilities at -$2.755 billion.

Dell’s assets and liabilities have fallen significantly since the third quarter of last year, when they stood at $135.677 billion and $121.483 billion, respectively. However, the fact that assets have shrunk faster than liabilities is concerning.

HP also had a negative net asset result. During the last quarter ending in July, its total assets were $39.247 billion against liabilities of $41.565 billion for a total of -$2.318 billion.

Unlike Dell, HP’s assets and liabilities have grown over the past year, with most increases in liabilities taking the form of debt. It could be a sign that a business is borrowing money in an attempt to expand.

Dividends

Dell’s dividend is $0.33 per quarter, which translates to a dividend yield of 3.91%. HP pays $0.25 per quarter for a yield of 4.04%.

Investors looking to generate income from their portfolio will likely be pleased with the dividend yield of either stock.

Outlook

A big part of investing is trying to predict the future. Will Dell or HP outperform the market going forward and see stock prices rise, or will they fare poorly?

Both companies are dominant in the PC industry, controlling more than 50% of the market share in the United States. This information can help investors stay confident that neither company is going out of business anytime soon.

Although HP has recently lost market share, many of its finances appear solid. Dell also appears to be well positioned despite market volatility, so you’ll have to decide for yourself if buying either company is the right move for you.

Conclusion

Dell and HP are two of the biggest PC makers, so you might want to consider adding their stocks to your portfolio, especially if you think the tech companies – which are quick to react to the market, with strong profit margins – will lead the recovery. .

If you’re having trouble deciding whether either company is right for you, consider working with an app like Q.ai. Our artificial intelligence scours the markets for the best investments for all kinds of risk tolerances and economic situations. Then it bundles them into convenient investment kits like the Tech Rally Kit that make investing simple.

Download Q.ai today to access AI-powered investment strategies. When you deposit $100, we add an additional $100 to your account.

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Multibagger shares rally to post Q2 high. Brokers see more benefits https://pivdencombank.com/multibagger-shares-rally-to-post-q2-high-brokers-see-more-benefits/ Fri, 21 Oct 2022 07:10:16 +0000 https://pivdencombank.com/multibagger-shares-rally-to-post-q2-high-brokers-see-more-benefits/

Shoppers Stop shares rose more than 3% to a record high of 819 apiece on BSE in Friday’s trading session after the company reported fiscal 23 second quarter results in line with estimates as January 2022 demand momentum continued into the second trimester.

Shoppers Stop chief executive Venu Nair, in an interview with Reuters, said its holiday season sales would surpass pre-covid levels on demand for gifts as well as second-hand and winter clothes from the wealthy of the country, after reporting a 60% increase in quarterly revenue. .

“We expect consumer sentiment to continue, particularly in the premium space, so we have modeled a revenue/EBITDA CAGR of 28%/51% FY22-25. set at +10% from pre-covid levels, highlighting the improvement in productivity The improvement in operational metrics from pre-covid levels illustrates the underlying strength of the business We continue to believe in the story of margin expansion, led by beauty and private labels,” brokerage PhillipCapital said with a “Buy” rating on Shoppers Stop stock with a target price of 965 each.

Shoppers Stop stock has yielded a multibagger return of over 139% over a one-year period, while the multibagger stock has risen around 145% in 2022 (YTD) so far. The company said its store expansion plan is on track and is expected to open 12 to 15 stores during the year, with 6 stores to be opened in October and November.

“Under the new leadership, the business is likely to improve its growth trajectory through accelerating expansion of smaller stores, growing private label mix and increased industry focus. growing beauty company, helped by improving consumer sentiment, in our view,” said ICICI Securities, which maintained an additional rating on the stock with a target price of 850 per share. However, he sees lower discretionary spending and execution challenges as key risks.

“Given the demand pull, we are increasing FY23/24E EBITDA by 11%/15%. We are maintaining the target price of 745 and hold ‘HOLD’. Other revaluation triggers are higher margins, either via an increase in SSSG and/or private label mix,” said another brokerage, Edelwiess.

The opinions and recommendations made above are those of individual analysts or brokerage firms, and not of Mint.

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