Akash Jain
Ajcon Global
We believe Mahindra & Mahindra Financial Services is cheap as compared to other listed NBFCs. The company improved its Return on Assets significantly from 1 percent in FY17 to 1.9 percent in FY18. With improving rural cash flows, recovery from NPAs would help the company to improve its ROA of 2.6-2.8 percent by FY20.
The management is optimistic on improving rural cash flow which should lead to growth of 18-20 percent in FY19 across segments.
NPAs in the rural housing is expected to reduce in coming quarters as Maharashtra has improved in cash flow and which will translate towards recoveries. PCR stood at 58.1 percent in FY18. We expect a target of Rs 544 by FY19 end (P/BV of 3.2x on estimated FY19E Book Value of Rs. 170) implying an upside of 17 percent.
Disclaimer: The author is Vice President – Equity Research, Ajcon Global. The views and investment tips expressed by investment experts on Moneycontrol are their own, and not that of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
Best Cheap Stocks For 2019: Wendy’s/Arby’s Group Inc.(WEN)
Advisors’ Opinion:
- [By Chris Lange]
Wendy’s Co. (NASDAQ: WEN) shares saw a handy gain on Thursday after the company announced that it accepted an offer to sell its 12.3% ownership interest in Inspire Brands back to that company for $450 million. This is a solid win for Nelson Peltz and Wendy’s in general.
- [By Shane Hupp]
Wendy’s (NASDAQ:WEN)‘s stock had its “buy” rating reiterated by equities researchers at Argus in a research note issued to investors on Thursday. They currently have a $16.34 price target on the restaurant operator’s stock, down from their prior price target of $19.00.
- [By Logan Wallace]
Wendy’s (NASDAQ:WEN) major shareholder Edward P. Garden sold 764,000 shares of the business’s stock in a transaction dated Tuesday, May 15th. The stock was sold at an average price of $16.53, for a total value of $12,628,920.00. Following the completion of the sale, the insider now directly owns 240,365 shares of the company’s stock, valued at approximately $3,973,233.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
- [By Matt Hogan]
Growth within the industry is a bit lumpy, with limited-service restaurants, such as Wendys Co (NASDAQ: WEN) and Chipotle Mexican Grill, Inc (NYSE: CMG), growing at 5.3 percent in 2017 as compared to 3.5 percent for casual dining establishments according to the National Restaurant Industry.
Best Cheap Stocks For 2019: Express-1 Expedited Solutions Inc.(XPO)
Advisors’ Opinion:
- [By Jeremy Bowman]
However, the clearest sign yet of Amazon’s potential impact in the industry came from the recent earnings report from XPO Logistics (NYSE:XPO), one of the biggest global providers of freight and logistics services and the leader in last-mile delivery of heavy goods like furniture and appliances. In its fourth-quarter report, XPO slashed its 2019 guidance significantly, and its shares fell by double digits on the report. The culprit was “the impact of our largest customer substantially downsizing its business portfolio,” according to CEO Brad Jacobs. Jacobs went on to explain on the earnings call that XPO would lose $600 million in annual business from this customer, who was reducing business by two-thirds.
- [By Jeremy Bowman]
Somebody’s got to deliver all of those products that we’re ordering online, and increasingly, that somebody is XPO Logistics (NYSE:XPO). The freight and logistics company has become the leader in last-mile delivery of heavy goods like furniture and appliances, making it a key partner of retailers like Amazon, IKEA, Wayfair, and Home Depot.
- [By Rich Duprey, Daniel Miller, and Steve Symington]
It will help you, too, and your children for that matter. So we asked three Motley Fool contributors for stocks that meet that description. They chose Tesla (NASDAQ:TSLA), iQiyi (NASDAQ:IQ), and XPO Logistics (NYSE:XPO). Read on to learn why your kids could one day have these stocks in their brag book.
- [By Motley Fool Staff]
XPO Logistics (NYSE:XPO) has grown fantastically in recent years by aggressively acquiring related businesses. However, management recently announced its intention to pause its acquisition strategy in favor of repurchasing shares.
Best Cheap Stocks For 2019: Rent-A-Center Inc.(RCII)
Advisors’ Opinion:
- [By Dan Caplinger]
Monday was a weak day for the stock market, with most major benchmarks losing ground. Further concerns about the potential for a deepening divide between the U.S. and China weighed on sentiment, and some also fear that steadily rising interest rates could eventually put pressure on stocks. Yet some companies still had good news that sent their individual shares higher. Rent-A-Center (NASDAQ:RCII), PTC Therapeutics (NASDAQ:PTCT), and Dropbox (NASDAQ:DBX) were among the best performers on the day. Here’s why they did so well.
- [By Max Byerly]
COPYRIGHT VIOLATION NOTICE: “Q1 2018 EPS Estimates for Rent-A-Center Increased by KeyCorp (RCII)” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at www.tickerreport.com/banking-finance/3350595/q1-2018-eps-estimates-for-rent-a-center-increased-by-keycorp-rcii.html.
- [By ]
Engaged Capital maintained large positions in Rent-A-Center (RCII) , TiVo (TIVO) , Hain Celestial (HAIN) , SunOpta and Jamba Inc. (JMBA) , all companies that have either previously been targeted by Welling or currently are in his cross-hairs.
- [By Timothy Green]
Shares of rent-to-own retailer Rent-A-Center Inc. (NASDAQ:RCII) soared on Monday after the company agreed to be acquired for $15 per share. This comes less than a week after Rent-A-Center received a lower buyout offer following the completion of its strategic review. The stock was up about 22.2% at 11:30 a.m. EDT.
- [By Garrett Baldwin]
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Stocks to Watch Today: KHC, HD, JWN, M, AAPL
Kraft Heinz Co. (NYSE: KHC) is still licking its wounds after an abysmal earnings report on Thursday and a weak 2019 outlook. The consumer goods giant is looking to reshape its business as consumer tastes continue to evolve. According to reports, the firm – backed heavily by Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.A) – is considering a deal to sell its Maxwell House brand. Warren Buffett is also affecting shares of Apple Inc. (NASDAQ: AAPL). Although AAPL stock added 0.4% in pre-market hours, Buffett said he would not purchase more shares of the company stock at these levels. However, should AAPL stock pull back in the near future, the “Oracle of Omaha” would consider purchasing more. Earnings season may be winding down, but concerns about the U.S. brick-and-mortar retail industry are always high. This week, Home Depot Inc. (NYSE: HD), Nordstrom Inc. (NYSE: JWN), and Macy’s Inc. (NYSE: M) will report earnings from the holiday quarter. Look for earnings reports from American States Water Co. (NYSE: AWR), Chatham Lodging Trust (NYSE: CLDT), EPR Properties (NYSE: EPR), Etsy Inc. (NASDAQ: ETSY), Life Storage Inc. (NYSE: LSI), Mosaic Co. (NYSE: MOS), Oneok Inc. (NYSE: OKE), Potbelly Corp. (NASDAQ: PBPB), Preferred Apartment Communities Inc. (NYSE: APTS), Rent-A-Center Inc. (NASDAQ: RCII), Shake Shack Inc. (NYSE: SHAK), and Tenet Healthcare Corp. (NYSE: THC).
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- [By Shane Hupp]
Rent-A-Center Inc (NASDAQ:RCII) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 21,844,410 shares, a drop of 21.9% from the May 31st total of 27,979,079 shares. Based on an average daily volume of 5,032,779 shares, the short-interest ratio is presently 4.3 days. Currently, 45.0% of the shares of the stock are short sold.
Best Cheap Stocks For 2019: USG Corporation(USG)
Advisors’ Opinion:
- [By Stephan Byrd]
ValuEngine upgraded shares of USG (NYSE:USG) from a buy rating to a strong-buy rating in a report published on Tuesday.
A number of other research analysts have also recently weighed in on the stock. Credit Suisse Group upgraded shares of USG from an underperform rating to a neutral rating and dropped their target price for the company from $35.00 to $24.00 in a research note on Friday, April 27th. Jefferies Group reiterated a hold rating and issued a $40.00 target price on shares of USG in a research note on Monday, April 23rd. SunTrust Banks boosted their target price on shares of USG from $42.00 to $44.00 and gave the company a hold rating in a research note on Tuesday, April 17th. Buckingham Research boosted their target price on shares of USG from $34.00 to $42.00 and gave the company a neutral rating in a research note on Monday, April 16th. Finally, Nomura boosted their target price on shares of USG from $39.00 to $44.00 and gave the company a neutral rating in a research note on Tuesday, March 27th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $39.00.
- [By Ethan Ryder]
ILLEGAL ACTIVITY WARNING: “USG (USG) Issues Quarterly Earnings Results” was originally posted by Ticker Report and is owned by of Ticker Report. If you are viewing this report on another publication, it was stolen and republished in violation of U.S. and international trademark & copyright laws. The correct version of this report can be read at www.tickerreport.com/banking-finance/4157507/usg-usg-issues-quarterly-earnings-results.html.
- [By Ethan Ryder]
USG Co. (NYSE:USG) – Equities research analysts at SunTrust Banks reduced their Q3 2018 earnings per share estimates for shares of USG in a report issued on Monday, July 9th. SunTrust Banks analyst K. Hughes now forecasts that the construction company will post earnings of $0.57 per share for the quarter, down from their previous estimate of $0.61. SunTrust Banks currently has a “Hold” rating and a $44.00 price target on the stock. SunTrust Banks also issued estimates for USG’s FY2018 earnings at $2.05 EPS, Q3 2019 earnings at $0.71 EPS and FY2019 earnings at $2.53 EPS.
- [By Dan Caplinger]
Warren Buffett likes to hold his stock positions for the long run, and his experience with USG (NYSE:USG) has been typical of his other long-term investments. The Oracle of Omaha started buying shares of the manufacturer of Sheetrock drywall and other building materials back in 2000, accumulating a sizable stake that has ballooned to more than 30% of the company. USG ended up going through bankruptcy in order to get a handle on its asbestos liability claims, but thanks largely to Buffett’s involvement, the building materials company not only survived bankruptcy but also saw share prices soar briefly on hopes that USG would once again fully participate in the then-strong housing boom.
Best Cheap Stocks For 2019: Compass Minerals Intl Inc(CMP)
Advisors’ Opinion:
- [By Dan Caplinger]
Few people look forward to winter more than investors in seasonal businesses that do a lot of business during the cold-weather months, and Compass Minerals International (NYSE:CMP) falls squarely into that category. With so much of its business coming from state and municipal governments treating roads and other surfaces with salt and anti-icing products, Compass often sees a lot of its success come during this part of the year.
- [By Motley Fool Transcription]
Compass Minerals International, Inc. (NYSE:CMP) Q4 2018 Earnings Conference Call Feb. 12, 2019, 10:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Max Byerly]
Shares of Compass Minerals International, Inc. (NYSE:CMP) have been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $74.33.
