Ford (NYSE: F) is up 5.3% since the close on August 31st, 2017. On the day of the monthly sales news, the stock soared by 3% from $11.03 to $11.35. Other auto manufacturers such as GM also gained 2.23% on September 1st, 2017. In previous months, F was underperforming the domestic automakers regarding monthly sales. Continuing with the monthly analysis, I would like to discuss Ford’s auto sales to determine if an investment in Ford is plausible now.
The Auto Segment
In August 2017, auto sales totaled 523,000 units, Figure 1. Unit sales declined by 9.8% on a YOY basis largely due to a decline of 14% in imported auto sales according to the Bureau of Economic Analysis. Domestic auto sales only fell by 8.2%. To put the data in perspective, auto sales for August 2016 dropped by 13.4% compared to August 2015, Figure 2.
In September 2016, the domestic and import automakers sold 555,500 units, representing a decline of 7.1% YOY. Therefore, I would like to see auto units sold of more than 516,615 for September 2017 so that the decline YOY is less than 7.1%. However, if the decline is less than 7.1% in September, we need to be careful because any surge in auto demand could be masked due to the extraordinary events of hurricanes Harvey and Irma.
Top 5 Performing Stocks To Watch Right Now: Harte-Hanks, Inc.(HHS)
- [By Lisa Levin]
Shares of Harte Hanks Inc (NYSE: HHS) were down 19 percent to $2.95. Harte Hanks entered into a new $110 million credit facility over 5 years.
TravelCenters of America LLC (NYSE: TA) was down, falling around 18 percent to $7.75. TravelCenters of America reported a Q4 loss of $0.04 per share on revenue of $1.35 billion.
Top 5 Performing Stocks To Watch Right Now: Starbucks Corporation(SBUX)
- [By SEEKINGALPHA.COM]
There are obvious similarities between McDonald’s (MCD) and Starbucks (SBUX). The global fast serve giants are ubiquitous from U.S. to China and nearly everywhere in between.
- [By Seth McNew]
For those looking for individual stocks that could make for great long-term Roth IRA holdings, here’s whyApple(NASDAQ:AAPL), Starbucks(NASDAQ:SBUX), andWalt Disney Co.(NYSE:DIS) could be prime targets.
- [By Stark Merrifield]
Another company Fitz-Gerald is watching is Starbucks Corp. (Nasdaq: SBUX).
The company is expanding its presence in China — it plans to have more than 5,000 stores opened by 2021 — a 1,150% increase from the 400 SBUX stores local to China in 2011. It also intends to install a 30,000-square-foot premium roaster on West Nanjing Road in Shanghai’s shopping district.
- [By WWW.THESTREET.COM]
Last week, people widely panned Starbucks’ (SBUX) quarter, but look out as it is now nicely above where it reported. That’s pretty monumental given that the company didn’t do the U.S. comp number people were looking for.
Top 5 Performing Stocks To Watch Right Now: Texas Roadhouse, Inc.(TXRH)
- [By Jon C. Ogg]
Texas Roadhouse Inc. (NASDAQ: TXRH) was raised to Buy from Neutral at BTIG Research.
USG Corp. (NYSE: USG) was reiterated as Hold but the price target was raised to $35 from $29 (versus a $34.23 close) at Jefferies.
- [By Joe Tenebruso]
Fortunately, well-chosen dividend-growth stocks can help you accomplish both of these goals. And with its powerful wealth-building combination of increasing dividend payouts and share-price appreciation, Texas Roadhouse (NASDAQ:TXRH)is one of the best available in the market today.
- [By Dan Caplinger]
Steakhouse chain Texas Roadhouse (NASDAQ:TXRH) has had to deal with an extremely difficult business environment for restaurant companies, and investors know all too well how tough times can hurt major players in the industry. Last quarter, Texas Roadhouse disappointed investors with sluggish results, and the company wanted to start 2017 on a better footing.
- [By Teresa Rivas]
Texas Roadhouse(TXRH) tumbled more than 12% on Wednesday as itsfourth-quarter earningsand revenue fell short of expectations.
The restaurant chain said it earned 29 cents a share on revenue of $484.7 million. Analysts were expecting earnings per share of 38 cents on revenue of $497.3 million.
Same-restaurant sales grew 1.2% at company restaurants and 2% at domestic franchises. For the first 55 days of the first quarter, Texas Roadhouse said that same-store sales rose 1.5%.
The company also raised its dividend 10.5% to 21 cents a share.
Some analysts urged investors to keep the faith in the stock.Barclay’s JeffreyBernsteinreiterated an Overweight rating and $47 price target on thestock:
We believe TXRH fundamentals remain best-in-class. That said, the near-term focus remains on directional comps. And not unlike the broader industry, TXRH comps eased significantly to close 2016. Such led to disappointing 4Q16 results from top to bottom. Importantly, while the brand ‘is not immune’ to industry comp headwinds, the relative outperformance to the category was maintained. Looking to 2017, key guidance metrics were reiterated. While questions remain on whether the recent easing of industry comps will persist, we remain comforted by TXRH’s relative outperformance and easing comps as we move through 2017.
Maxim’s Stephen Andersonreiterated a Buy rating, although he took his price target down $4, to $52:
In our view, TXRH is not immune to the broader slowdown in Casual Dining, but we believe the company will emerge stronger than peers in the next few quarters.TXRHs disappointing 4Q16 comp of +1.3% (blended) was pulled down by a rare negative comp month in December (-2.1%), marking the first time this occurred in almost four years. Comps were +3% or better in both October and November, and comps so far in 1Q17 are positive despite a stormy start to the quarter in
- [By Demitrios Kalogeropoulos]
As for individual stocks, Texas Roadhouse (NASDAQ:TXRH) and Garmin (NASDAQ:GRMN)made large moves following their quarterly earnings announcements.
Top 5 Performing Stocks To Watch Right Now: NCI Building Systems, Inc.(NCS)
- [By Lisa Levin]
On Thursday, the industrial sector proved to be a source of strength for the market. Leading the sector was strength from Envirostar Inc (NYSE: EVI) and NCI Building Systems Inc (NYSE: NCS).
- [By Jim Robertson]
Yesterday, small cap NCI Building Systems (NYSE: NCS) sank 20.54% after the maker of metal products for the nonresidential building industry reported disappointing Q3 results and cut its sales outlook. NCI Building Systems is one of North America’s largest integrated manufacturers and marketers of coatings, components and metal buildings for the nonresidential building industry and is comprised of a family of companies operating manufacturing facilities across the United States, Canada, Mexico and China (with additional sales and distribution offices throughout the United States and Canada).
- [By Monica Gerson]
NCI Building Systems Inc (NYSE: NCS) posted upbeat results for its second quarter on Tuesday. NCI Building Systems shares rose 1.24 percent to $16.30 in the after-hours trading session.
- [By Lisa Levin]
NCI Building Systems Inc (NYSE: NCS) was down, falling around 14 percent to $15.27. NCI Building Systems reported Q3 adjusted earnings of $0.33 per share on revenue of $462.4 million.
- [By Scott Rubin]
Equity gainers on the day included Chico's FAS, Inc. (NYSE: CHS), which surged more than 12 percent on the day, and Himax Technologies (NASDAQ: HIMX), which climbed almost 9 percent in the wake of an afternoon rally. Losers included NCI Building Systems Inc. (NYSE: NCS), which fell 15 percent after earnings, and H&R Block inc (NYSE: HRB), which fell almost 11 percent on the day after its Q1 results.
Top 5 Performing Stocks To Watch Right Now: Brooks Automation Inc.(BRKS)
- [By Lisa Levin]
In trading on Friday, technology shares fell 3.59 percent. Meanwhile, top losers in the sector included Ultra Clean Holdings Inc (NASDAQ: UCTT), down 5 percent, and Brooks Automation, Inc (NASDAQ: BRKS), down 10 percent.
- [By Lisa Levin]
Technology sector was the top gainer in the US market on Monday. Top gainers in the sector included Aviat Networks Inc (NASDAQ: AVNW), Cohu, Inc. (NASDAQ: COHU), and Brooks Automation, Inc (NASDAQ: BRKS).