Several articles appeared in SA noting that Commerzbank AG (OTCPK:CRZBY, the ADR) could be an interesting M&A candidate. We agree with such thesis. The bank is being dramatically undervalued by the market. It is trading at half of its book value per share. In addition, its cash per share is more than ten times its current share price.
Obviously, the political conditions in Europe and the interest rates in the Eurozone are not helping the bank. Additionally, we believe that the EU may not be much interested in seeing mergers between banks. As compared to the US, the financial sector is highly consolidated.
In this article, we will provide all the good and bad reasons for executing a corporate transaction. Furthermore, we will develop several case scenarios. We will also explain how will they affect the share price.
Financial Valuations and Bank Reaction
Before we proceed further, have a look at the most significant financial stats of Commerzbank (source):
Hot Undervalued Stocks To Buy For 2019: AbbVie Inc.(ABBV)
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Booker’s report took on other companies as well. Pfizer (PFE) , Gilead Sciences (GILD) , AbbVie (ABBV) , Amgen (AMGN) , Bristol-Myers Squibb (BMY) Eli Lilly & Co. (LLY) , and Mylan NV (MYL) are cited for everything from raising drug prices, to stock buybacks and putting shareholder interest before that of the public.
- [By Chris Neiger, Anders Bylund, and Todd Campbell]
To help you track down a few of these companies for your portfolio, we reached out to some Motley Fool contributors for dividend stock ideas. They came back with Uniti Group (NASDAQ:UNIT), AbbVie (NYSE:ABBV), and American Tower (NYSE:AMT). Here’s why.
- [By Brian Feroldi, Keith Speights, and Sean Williams]
So which stocks do our healthcare experts have their eye on right now? We asked these three Motley Fool investors to weigh in, and they pickedAbbVie (NYSE:ABBV),Cardinal Health (NYSE:CAH), and Masimo (NASDAQ:MASI).
- [By George Budwell]
After releasing downright worrisome first-quarter results, Gilead Sciences (NASDAQ:GILD) has seen its shares drop by a noteworthy 11.7% in the past few days. The big concern is that Gilead’s ailing hepatitis C franchise has yet to stabilize in the wake of newfound competition from AbbVie’s (NYSE:ABBV)Mavyret.
- [By Keith Speights]
AbbVie (NYSE:ABBV) ended 2017 with a bang, posting tremendousfourth-quarter results in January. The company has started 2018 with a bang, too.
On Thursday, AbbVie announced its Q1 earnings results. Wall Street analysts thought the company would report revenue of $7.6 billion. AbbVie’s actual revenue total was $7.9 billion. Analysts expected adjusted earnings per share (EPS) of $1.79. AbbVie reported adjusted EPS in Q1 of $1.87.
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In keeping with that philosophy, this week’s recommendation for my Income Trader subscribers was in AbbVie (NYSE: ABBV).
Revisiting This Reliable Trade Target
I’ve written about AbbVie a few times before. (So far, we’ve made trades on ABBV three times, and all three trades were winners.) It is one of the world’s largest drug makers (the seventh largest by market cap), known to many for its best-selling drug, Humira, a biologic therapy for autoimmune diseases including rheumatoid arthritis, Crohn’s disease and other inflammatory conditions. This is the best-selling drug in the world, with sales of more than $15 billion a year.
Hot Undervalued Stocks To Buy For 2019: ICON plc(ICLR)
- [By Logan Wallace]
Senomyx (NASDAQ: SNMX) and ICON (NASDAQ:ICLR) are both consumer staples companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, analyst recommendations, institutional ownership, dividends, profitability, earnings and risk.
Hot Undervalued Stocks To Buy For 2019: Aehr Test Systems(AEHR)
- [By Max Byerly]
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
Get Aehr Test Systems alerts:
Critical Comparison: Data I/O (DAIO) & Aehr Test Systems (AEHR) (americanbankingnews.com) Form 4 AEHR TEST SYSTEMS For: May 08 Filed by: HENDRICKSON DAVID S (streetinsider.com) Aehr Test Systems (AEHR) CTO David S. Hendrickson Sells 5,000 Shares (americanbankingnews.com) Teradyne (TER) versus Aehr Test Systems (AEHR) Head to Head Review (americanbankingnews.com) Insider Selling: Aehr Test Systems (AEHR) Insider Sells 20,000 Shares of Stock (americanbankingnews.com)
AEHR remained flat at $$2.28 during trading hours on Monday. The company had a trading volume of 64,100 shares, compared to its average volume of 136,351. Aehr Test Systems has a 52 week low of $2.26 and a 52 week high of $2.28. The stock has a market cap of $50.06 million, a price-to-earnings ratio of -7.86 and a beta of 0.82. The company has a current ratio of 4.62, a quick ratio of 3.20 and a debt-to-equity ratio of 0.33.
Hot Undervalued Stocks To Buy For 2019: Express Scripts Holding Company(ESRX)
- [By Cory Renauer]
Regeneron’s cholesterol-lowering medication Praluent was another drug with multibillion-dollar potential that’s been a huge disappointment in the commercial setting. Trying to launch a treatment with a $14,000-per-year price tag didn’t work, but a more affordable solution is getting attention from the right people. Express Scripts (NASDAQ:ESRX), a pharmacy benefits manager with a national formulary that covers around 25 million Americans, recently agreed to a straightforward reimbursement path in return for drastically lowered pricing. Express Scripts also removed Praluent’s market rival Repatha from its formulary.
- [By WWW.GURUFOCUS.COM]
For the details of Jeff Ubben’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Jeff+Ubben
These are the top 5 holdings of Jeff UbbenTwenty-First Century Fox Inc (FOX) – 53,326,334 shares, 18.41% of the total portfolio. Alliance Data Systems Corp (ADS) – 5,877,400 shares, 15.07% of the total portfolio. CBRE Group Inc (CBG) – 24,916,923 shares, 10.92% of the total portfolio. Shares reduced by 13.72%KKR & Co LP (KKR) – 47,750,000 shares, 10.18% of the total portfolio. Shares added by 4.82%Morgan Stanley (MS) – 17,959,620 shares,
- [By Cory Renauer]
Sanofi took the assessment and started engaging end payers to see if any would offer easy reimbursement for a lower net price that reflects ICER’s assessment, and the industry listened. As of July 1, the partners will cut the net price of Praluent in return for straightforward access for around 25 million Americans covered by theExpress Scripts (NASDAQ:ESRX) national formulary. Thepharmacy benefits manager, and will also remove formulary access for its main competitor, Amgen’s (NASDAQ:AMGN) Repatha.
- [By Alexander Bird]
Both CVS Health Corp. (NYSE: CVS) and Cigna Corp. (NYSE: CI) sank 5% while Express Scripts Holding Co. (NASDAQ: ESRX), one of the primary providers of pharmacy benefits, dropped 9.7% in response to the disruptive impact the announced partnership could have on the industry. Altogether, the healthcare sector lost a combined $30 billion in market share in the first two hours of trading today.
- [By Joseph Griffin]
State of Wisconsin Investment Board boosted its stake in Express Scripts (NASDAQ:ESRX) by 25.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,092,444 shares of the company’s stock after acquiring an additional 218,855 shares during the quarter. State of Wisconsin Investment Board owned 0.19% of Express Scripts worth $75,466,000 as of its most recent filing with the SEC.
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Larry Robbins and his Glenview Capital Management LLC said he is supportive of health insurance titan Cigna Corp.’s (CI) acquisition of Express Scripts Holdings Co. (ESRX) , the country’s largest benefits management group, in a deal announced in March worth $67 billion.
Hot Undervalued Stocks To Buy For 2019: New York REIT, Inc.(NYRT)
- [By Max Byerly]
New York REIT (NYSE:NYRT) reached a new 52-week high and low on Monday . The stock traded as low as $17.51 and last traded at $17.60, with a volume of 7341 shares traded. The stock had previously closed at $17.85.