HDFC Securities's research report on Reliance Industries
1QFY19 saw RIL yet again proving its operational mettle despite weak global GRMs and macros, owing to better petchem margins and volumes. Petchem EBIT stood at Rs 22/kg up 23/53% QoQ/YoY. This massive expansion of margins was owing to better product mix and use of US ethane/refinery off-gases as a feedstock. Petchem production volumes were up 33.3% YoY to 9.2mmt, with the refinery off gas cracker (ROGC) ramping up. The performance of the refining segment was subdued. GRM was USD 10.5/bbl with weak light distillates spread. Q1 EBITDA was Rs 151.54bn, 30.8/12.9% YoY/QoQ. Higher interest cost, and taxes partially offset growth, and PAT stood at Rs 88.2bn (+7.6% YoY).
Outlook
Our SOTP-based target for RIL is Rs 1,270/sh based on Jun-20 earnings (6.5x EV/e for standalone refining, 8x EV/e for petchem, Rs 29/sh for domestic E&P, 1x EV/invested capital for Shale, 20x EV/e for Retail and 10x EV/e for Telecom. Maintain BUY.
Top Growth Stocks To Watch For 2019: Intuitive Surgical Inc.(ISRG)
Advisors' Opinion:- [By Ethan Ryder]
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
Get Intuitive Surgical alerts: Global Commercial Robotics Market 2018 by Key Players – INTUITIVE SURGICAL INC , YASKAWA ELECTRIC … (themobileherald.com) Bullish or Bearish Territory: Intuitive Surgical, Inc. (ISRG) (nysestocks.review) Intuitive Surgical, Inc. (ISRG) -Price to Earnings Ratio Evaluation (P/E) (nasdaqfortune.com) Stock in Featured List: Intuitive Surgical, Inc. (ISRG) (stockquote.review) Intuitive Surgical (ISRG) Gains on Strength in Robotics (finance.yahoo.com)A number of brokerages have recently weighed in on ISRG. Cantor Fitzgerald reissued a “buy” rating and issued a $490.00 price objective on shares of Intuitive Surgical in a report on Friday, January 26th. Zacks Investment Research lowered Intuitive Surgical from a “buy” rating to a “hold” rating in a report on Friday, January 26th. ValuEngine lowered Intuitive Surgical from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Piper Jaffray Companies reaffirmed a “hold” rating on shares of Intuitive Surgical in a report on Friday, January 26th. Finally, Vetr raised Intuitive Surgical from a “buy” rating to a “strong-buy” rating and set a $478.64 target price on the stock in a report on Monday, March 19th. Five analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. Intuitive Surgical presently has a consensus rating of “Buy” and a consensus target price of $457.59.
- [By Daniel Sparks]
As earnings season begins to kick into gear, next week features stocks of all shapes and sizes. But two stocks I'll be watching are growth stocks Netflix (NASDAQ:NFLX) and Intuitive Surgical (NASDAQ:ISRG). Both companies are benefiting from double-digit growth in revenue and earnings per share. When these companies report their second-quarter results next week, investors will be watching to see if they can keep executing well on the growth opportunities before them.
- [By Anders Bylund]
Shares of Intuitive Surgical (NASDAQ:ISRG) rose 10.2% in August 2018, according to data from S&P Global Market Intelligence. The maker of the da Vinci robotic surgery platform and its associated tools didn't need any actual news to keep its impressive market momentum going.
- [By Motley Fool Staff]
In this segment from MarketFoolery, host Chris Hill and Motley Fool Asset Management's Bill Barker consider the case for healthcare innovator Intuitive Surgical (NASDAQ:ISRG), which has been on a tear for the past few years. Its pricey robots are growing ever more common and popular with hospitals and doctors, and based on the reaction of the market, investors must expect its current sales growth pace to continue.
Top Growth Stocks To Watch For 2019: TrueBlue Inc.(TBI)
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on Trueblue (TBI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Motley Fool Transcribers]
TrueBlue Inc (NYSE:TBI)Q4 2018 Earnings Conference CallFeb. 07, 2019, 5:00 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Joseph Griffin]
Trueblue Inc (NYSE:TBI) has received a consensus rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $27.50.
- [By Logan Wallace]
Media stories about Trueblue (NYSE:TBI) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Trueblue earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 45.3296498009881 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Top Growth Stocks To Watch For 2019: Buffalo Wild Wings Inc.(BWLD)
Advisors' Opinion:- [By Steve Symington]
That's not to say it was a quiet day for every stock on the market. With earnings season ramping up, brewing giant Anheuser-Busch InBev (NYSE:BUD) and restaurant chain Buffalo Wild Wings (NASDAQ:BWLD) served as an exercise in contrast as investors reacted to their respective quarterly reports.
- [By Peter Graham]
A long term performance chart shows Dave & Busters Entertainment tripling in value before falling back while small cap upscale gentlemen's clubs and restaurant owner RCI Hospitality Holdings, Inc (NASDAQ: RICK) began taking off in 2016 and small cap Buffalo Wild Wings (NASDAQ: BWLD) is being acquired by Arby's Restaurant Group:
Top Growth Stocks To Watch For 2019: MEDIFAST INC(MED)
Advisors' Opinion:- [By Logan Wallace]
MediBloc [QRC20] (MED) is a proof-of-work (PoW) token that uses the HybridScryptHash256 hashing algorithm. It was first traded on January 3rd, 2014. MediBloc [QRC20]’s total supply is 4,097,545,844 tokens and its circulating supply is 2,966,384,100 tokens. MediBloc [QRC20]’s official website is medibloc.org/en. MediBloc [QRC20]’s official Twitter account is @MEDDevTeam. The official message board for MediBloc [QRC20] is medium.com/@MediBloc. The Reddit community for MediBloc [QRC20] is /r/MediBloc and the currency’s Github account can be viewed here.
- [By Max Byerly]
McCormick & Company, Incorporated (NYSE: MKC) and Medifast (NYSE:MED) are both consumer staples companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, valuation, profitability, analyst recommendations, institutional ownership, risk and dividends.
- [By Lisa Levin] Gainers Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares jumped 29.86 percent to close at $2.87 on Friday. Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares gained 28.87 percent to close at $8.75 after reporting upbeat Q1 earnings. Mexco Energy Corporation (NYSE: MXC) gained 27.02 percent to close at $5.4744. Carbon Black, Inc. (NASDAQ: CBLK) climbed 26 percent to close at $23.94. Carbon Black priced its IPO at $19 per share. Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 25.64 percent to close at $42.44 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban. Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.19 percent to close at $8.50 after reporting Q2 results. California Resources Corporation (NYSE: CRC) shares gained 22.45 percent to close at $31.58 following upbeat Q1 earnings. Atomera Incorporated (NASDAQ: ATOM) gained 22.31 percent to close at $6.25 after reporting Q1 results. Medifast, Inc. (NYSE: MED) shares jumped 22.27 percent to close at $121.46 after the company reported strong Q1 results and raised its FY18 guidance. Jerash Holdings (US), Inc. (NASDAQ: JRSH) gained 20.86 percent to close at $8.46. Pandora Media, Inc. (NYSE: P) rose 19.83 percent to close at $6.89 after reporting strong quarterly results. Shake Shack Inc (NYSE: SHAK) rose 18.01 percent to close at $55.95 on Friday after the company reported upbeat results for its first quarter and raised its FY18 guidance. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 17.73 percent to close at $21.25 after reporting strong preliminary results for the third quarter. Schmitt Industries, Inc. (NASDAQ: SMIT) rose 17.41 percent to close at $2.36. Titan International, Inc. (NYSE: TWI) shares gained 16.78 percent to close at $12.25 following Q1 earnings. Integer Holdings Corporation (NYSE: ITGR) shares rose 14.23 percent to close at $63.40 following Q1 result
Top Growth Stocks To Watch For 2019: Nordstrom Inc.(JWN)
Advisors' Opinion:- [By Chris Lange]
Nordstrom Inc.’s (NYSE: JWN) fiscal second-quarter report is scheduled for Thursday after the markets close. The consensus forecast is $0.84 in EPS on $3.96 billion in revenue. Shares ended the week trading at $52.58 apiece. The consensus price target is $52.88, and the 52-week range is $37.79 to $54.61.
- [By Jeremy Bowman]
Still, plenty of investors are likely wondering if Stitch Fix (NASDAQ:SFIX) is a good buy before its fourth-quarter earnings report, due out on Oct. 1 after market close. The company is unique on the stock market as an online personalized styling service: It ships clothes to customers based on fit and style preferences rather than allowing customers to choose the items directly. Though it has competitors in that sector, including Nordstrom's (NYSE:JWN) Trunk Club, Stitch Fix is far and away the leader in the segment; sales are projected to be $1.23 billion this fiscal year.
- [By Douglas A. McIntyre]
Nordstrom Inc. (NYSE: JWN) may reopen plans for a leveraged buyout after good holiday results. According to The Wall Street Journal:
The failed effort by the Nordstrom family to take the namesake department store chain private will be remembered as a missed opportunity amid the selloff in retailers' stocks last fall.
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