While the stocks of some retailers have been underperforming or stuck in the mud recently, Dollar General (DG) is bucking that trend. The stock increased about 22% over the past year with an increase of 46% from the 52-week low to the 52-week high. Dollar General's stock is being driven by strong comp store sales growth which led the company to exceed earnings estimates for the past four quarters.
I expect Dollar General's stock to perform well through 2018 and beyond as a result of an effective focus on growing comp store sales, a benefit from tax reform, growth in store count, and earnings growth. All of this is likely to lead to double-digit stock growth for 2018.
Dollar General is Effectively Tweaking the Product Mix/MerchandisingDollar General is driving comp store sales gains by getting the right product mix in its stores. The company achieved a comp store sales gain of 4.3% for Q3 2017. That exceeded analysts' estimates of 2.8%.
Top 5 Performing Stocks To Watch For 2019: ITT Corporation(ITT)
Advisors' Opinion:- [By Max Byerly]
Wedge Capital Management L L P NC cut its holdings in shares of ITT Inc (NYSE:ITT) by 5.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 593,183 shares of the conglomerate’s stock after selling 35,351 shares during the quarter. Wedge Capital Management L L P NC’s holdings in ITT were worth $31,006,000 at the end of the most recent quarter.
- [By Joseph Griffin]
Intelligent Trading Foundation (CURRENCY:ITT) traded 15.6% higher against the U.S. dollar during the twenty-four hour period ending at 21:00 PM Eastern on August 25th. Intelligent Trading Foundation has a total market capitalization of $378,146.00 and $6,664.00 worth of Intelligent Trading Foundation was traded on exchanges in the last day. Over the last week, Intelligent Trading Foundation has traded 36.9% higher against the U.S. dollar. One Intelligent Trading Foundation token can currently be purchased for about $0.0386 or 0.00000572 BTC on cryptocurrency exchanges including Mercatox, COSS and IDEX.
- [By Logan Wallace]
Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of ITT Inc (NYSE:ITT) in the second quarter, HoldingsChannel.com reports. The firm purchased 23,591 shares of the conglomerate’s stock, valued at approximately $1,233,000.
Top 5 Performing Stocks To Watch For 2019: Calavo Growers, Inc.(CVGW)
Advisors' Opinion:- [By Ethan Ryder]
Calavo Growers, Inc. (NASDAQ:CVGW) has received a consensus rating of “Hold” from the seven analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $97.33.
- [By Asit Sharma]
In a similar narrative to its last sequential quarter, the second quarter of fiscal 2018, avocado specialist Calavo Grower's (NASDAQ:CVGW) results for its most recent three months were characterized by a modest revenue contraction of roughly 2%, accompanied by vigorous growth in net income and earnings per share. Below, we'll review the raw numbers and relevant details of the company's report, which was issued earlier this month.
- [By Joseph Griffin]
TD Asset Management Inc. purchased a new position in shares of Calavo Growers, Inc. (NASDAQ:CVGW) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 24,600 shares of the company’s stock, valued at approximately $2,365,000.
Top 5 Performing Stocks To Watch For 2019: Taseko Mines Limited(TGB)
Advisors' Opinion:- [By Shane Hupp]
Taseko Mines Ltd (NYSEAMERICAN:TGB) (TSE:TKO) – Analysts at National Bank Financial issued their Q2 2018 earnings estimates for shares of Taseko Mines in a research report issued on Thursday, July 12th. National Bank Financial analyst D. Demarco anticipates that the mining company will post earnings per share of $0.01 for the quarter. National Bank Financial has a “Outperform” rating on the stock. National Bank Financial also issued estimates for Taseko Mines’ FY2018 earnings at $0.01 EPS.
- [By Shane Hupp]
Shares of Taseko Mines Ltd (NYSEAMERICAN:TGB) (TSE:TKO) saw unusually-strong trading volume on Friday . Approximately 1,697,074 shares changed hands during mid-day trading, an increase of 111% from the previous session’s volume of 804,476 shares.The stock last traded at $0.80 and had previously closed at $0.76.
- [By Max Byerly]
News headlines about Taseko Mines (NASDAQ:TGB) have trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Taseko Mines earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.3781367645352 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
- [By Stephan Byrd]
Taseko Mines Ltd (NYSEAMERICAN:TGB) (TSE:TKO)’s share price rose 1.2% during trading on Monday . The company traded as high as $0.82 and last traded at $0.83. Approximately 10,320 shares were traded during trading, a decline of 99% from the average daily volume of 804,476 shares. The stock had previously closed at $0.82.
Top 5 Performing Stocks To Watch For 2019: Intrepid Potash, Inc(IPI)
Advisors' Opinion:- [By Ethan Ryder]
Hi-Crush Partners (NYSE: HCLP) and Intrepid Potash (NYSE:IPI) are both small-cap basic materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, earnings, risk, institutional ownership, profitability, analyst recommendations and valuation.
- [By Maxx Chatsko]
Shares of Intrepid Potash (NYSE:IPI) are falling, down 20.8% as of 12:02 p.m. EDT, after the company announced second-quarter 2018 earnings. The fertilizer producer actually turned in a solid performance compared to the year-ago period for all three of its major business activities -- potash, Trio, and water -- and more than doubled operating cash flow. Furthermore, management expects the business to continue improving in future periods.
- [By Lisa Levin]
On Wednesday, the materials shares rose 0.86 percent. Meanwhile, top gainers in the sector included Intrepid Potash, Inc. (NYSE: IPI), up 8 percent, and Lithium Americas Corp. (NYSE: LAC) up 6 percent.
- [By Rich Smith]
Shares of Intrepid Potash (NYSE:IPI) stock are soaring, up 20.7% as of 1:20 p.m. EDT after the company reported earnings Tuesday -- but probably not because of earnings per se.
Top 5 Performing Stocks To Watch For 2019: Danaos Corporation(DAC)
Advisors' Opinion:- [By Motley Fool Transcribers]
Danaos Corp (NYSE:DAC)Q4 2018 Earnings Conference CallFeb. 20, 2019, 9:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Shane Hupp]
Several large investors have recently bought and sold shares of the business. Royal Bank of Scotland Group PLC purchased a new stake in shares of Danaos during the third quarter worth $42,286,000. Greenwich Wealth Management LLC purchased a new stake in shares of Danaos during the fourth quarter worth $393,000. Renaissance Technologies LLC lifted its position in shares of Danaos by 209.5% during the third quarter. Renaissance Technologies LLC now owns 284,320 shares of the shipping company’s stock worth $341,000 after acquiring an additional 192,456 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in shares of Danaos during the third quarter worth $176,000. Finally, Acadian Asset Management LLC purchased a new stake in shares of Danaos during the third quarter worth $112,000. Hedge funds and other institutional investors own 17.85% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Danaos (DAC) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS” was published by Ticker Report and is the property of of Ticker Report. If you are viewing this story on another domain, it was stolen and republished in violation of United States and international copyright law. The original version of this story can be accessed at https://www.tickerreport.com/banking-finance/4168528/danaos-dac-announces-quarterly-earnings-results-beats-estimates-by-0-05-eps.html.About Danaos
No comments:
Post a Comment