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Top Research Reports For December 2, 2016

Published 12/02/2016, 02:31 AM
Updated 07/09/2023, 06:31 AM

Friday, December 2 2016

Today's Research Daily features new research reports on 16 major stocks, including United Parcel Service (NYSE:UPS) (UPS), Honeywell (HON) and Lowe’s (LOW).

United Parcel Service’s shares have marginally underperformed the transport air freight industry, gaining 21% year-to-date. However, the company expects the ongoing holiday season to be a highly successful one on the back of the growing demand for e-commerce. The analyst likes the fact that UPS remains focused on expanding across major destinations worldwide and continues to invest in improving operations to deliver the best service to customers.

The company's recent deal with Sealed Air Corporation (NYSE:SEE) to improve packaging efficiency and provide shipping solutions is another positive. However, the adverse impact of foreign exchange, intense competition, and macroeconomic risks raise concerns. (You can read the full research report on United Parcel Service here.)

Honeywell’s shares have outperformed the diversified operations industry gaining 9.8% in the year-to-date period. The analyst like the company’s continuing efforts on increasing its presence in high-growth regions. Additionally, it is building a robust pipeline of new products.

However, adverse foreign currency translations and volatility in commodity prices related to Brexit are likely to peg back its growth momentum slightly. It is highly dependent on its supply chain, and any snag in one of the links might have an adverse impact. Yet, the company has a positive earnings history in the trailing four quarters, while estimate have remained steady. (You can read the full research report on Honeywell here.)

Shares of Lowe’s have moved lower over the year, underperforming the building products retail/wholesale industry. Further, management lowered its fiscal 2016 earnings view, thus triggering a downtrend in the Zacks Consensus Estimate. However, the analyst likes Lowe’s omni-channel endeavor, merchandising initiatives and strategic acquisitions bode well for this home improvement retailer.

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A clear reflection of this was visible in third-quarter fiscal 2016 results, wherein both the top and bottom lines grew year-over-year. However, total sales growth projection of approximately 9% to 10% provides some respite to the investor sentiment. (You can read the full research report on Lowe’s here.)

Other noteworthy reports we are featuring today include Kroger (NYSE:KR) (KR), MasterCard (MA) and General Mills (NYSE:GIS) (GIS).

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Featured Reports

Donaldson's (DCI) Streamlining Efforts Boost Profitability

The Zacks analyst thinks Donaldson's efforts to streamline operations continue to boost profitability.

PVH Corp. (NYSE:PVH) Issues Subdued Q4 View, Tops Q3 Earnings

The covering analyst thinks threats like currency woes, soft traffic and a volatile retail scenario led to a cautious fourth quarter outlook.

Autodesk (NASDAQ:ADSK) Reports Wider than Expected Q3 Loss

The Zacks analyst thinks that though the transition to cloud is a drag on the financials at present, it will aid its performance in the long run.

MasterCard (MA) Focuses on Growth, Cost Pressure Lingers

The covering analyst thinks digital & expansion moves will continue to support MasterCard's growth profile. However, escalating costs and litigation issues remain key concerns.

General Mills (GIS) Strong on Cost-Saving, US Sales Low

The Zacks analyst believes its consumer-focused innovation, restructuring initiatives, strong brand position should drive growt

Phillips 66 (NYSE:PSX) Displays Significant Price Strength

The covering analyst believes that Phillips' diversified refining presence led the company to outperform the broader sector.

Aqua America (WTR) Beats on Q3 Earnings, 2016 View Intact

The Zacks analyst believes Aqua America is poised to gain from its strategic acquisitions and ongoing investment but adherence to stringent regulatory provisions could increase its operating costs.

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New Upgrades

Synopsys (SNPS) Q4 Results Indicate Strong Momentum Ahead

The Zacks analyst believes that the company's sustained focus on new product launches, deal wins and acquisitions will continue to drive its top and bottom line results.

Public Service Enterprise (PEG) Shines on Investment Plans

The covering analyst believes that Public Service Enterprise's steady capital investment plans focused on the development of its transmission and distribution systems will boost its performance.

Citrix (CTXS) Stock Exhibits Significant Price Strength

The Zacks analyst believes that Citrix's strong product portfolio and impressive earnings history have led to it outperforming the broader industry on a year to date basis.

New Downgrades

Lower Food Prices Tempers Kroger's (KR) Q3 Results

The Zacks analyst thinks deflationary environment is hurting Kroger's performance that succumbed to a negative earnings surprise in the third quarter and narrowed its fiscal 2016 earnings projection.

Carnival (LON:CCL) Remains Susceptible to Various Headwinds

The covering analyst notes that unfavorable currency translation, slowdown in the Chinese market and potential increase in fuel cost remain potent headwinds.

Adobe (ADBE) Faces Weak demand Despite Creative Cloud Strength

The Zacks analyst believes that despite Adobe's strong position in creative cloud market and continued innovation, lower end-market demand and exposure to Europe remain overhangs.



UTD PARCEL SRVC (UPS): Free Stock Analysis Report

MASTERCARD INC (MA): Free Stock Analysis Report

LOWES COS (LOW): Free Stock Analysis Report

KROGER CO (KR): Free Stock Analysis Report

HONEYWELL INTL (HON): Free Stock Analysis Report
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GENL MILLS (GIS): Free Stock Analysis Report

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