Summary This TELUS Corporation stock analysis is based on Q1 2017 financial results and 2017 projections released May 11, 2017. TELUS reported industry-leading consolidated revenue and EBITDA growth of 2.9% and 6.4% respectively. Updated industry-leading 2017 targets reflect higher revenue and EBITDA of up to 4% and 7% respectively. The quarterly dividend, payable July 4, [...]
All dollar values in this article are in Canadian Dollars (CDN) unless otherwise noted. Summary This Intact Financial stock analysis is based on Q1 2017 results and OneBeacon proposed acquisition details which were both released May 2, 2017. Intact has an estimated 17% of Canada’s property and casualty insurance market. Management previously communicated the expansion [...]
Summary This UPS stock analysis is based on Q1 2017 results and forecast for the remainder of FY2017 which were released April 27, 2017. UPS has provided 2017 non-GAAP adjusted diluted EPS guidance of $5.80 – $6.10 with mean estimates from 26 brokers being $5.95 for FY2017. Amazon’s decision to reduce its reliance on traditional [...]
Summary This TELUS Corporation stock analysis is based on Q4 and FY 2016 financial results and 2017 projections released February 9, 2017. TELUS is Canada’s 3rd largest telecommunications company. It has outperformed its peers and the TSX from an overall return perspective over the past several years. It is currently investing heavily for sustainable L/T [...]
Summary This Nike, Inc. stock analysis is based on Q3 2017 financial results released March 21, 2017. Nike reported strong Q3 2017 results although some investors have expressed concern about the deterioration in gross profit margin. Changing consumer shopping habits is posing a huge challenge but this problem is not unique to NKE. NKE has [...]
Summary This BCE Inc. stock analysis is based on Q4 and FY2016 financial results and outlook for FY2017. BCE Inc. is Canada’s largest telecommunications company. It has expanded its position through the very recent acquisition of Manitoba Telecom Services Inc.. BCE reported solid results for FY2016 and FCF and EPS projections for FY2017 are such [...]
Summary This McCormick & Company Stock Analysis is based on Q1 FY2017 financial results and outlook for the remainder of FY2017. MKC has increased its annual dividend for at least 30 consecutive years. It is the leader within the $10B global spices and seasonings industry. Adjusted EPS of $0.76 in Q1 2017 recently released with [...]
Summary This Kellogg stock analysis is based Q4 and FY2016 results and forecast presented February 9, 2017 which reflects continued struggles. It does not have an enviable Revenue, FCF, Gross and Operating margins, and Debt/Equity track record. Kellogg has not had a wide economic moat for years. Kellogg does not satisfy several of my Stock [...]
Summary This Bank of New York Mellon (NYSE: BK) stock analysis is based on Q4 and FY2016 results reported on January 19, 2017. BK does not have a record of steadily increasing its dividends annually. The number of shares outstanding as at FYE2016 exceeded that as at FYE2007! Shares are currently overpriced. I would not [...]
Summary This Wal-Mart (NYSE: WMT) stock analysis is based on Q4 and FY2017 results released February 21, 2017. WMT reported $4.38 Diluted EPS from continuing operations. Total revenue of $485.9B increased 0.8% or 3.1% to $496.9B if currency adjustments are excluded. Operating income decreased 5.6% to $22.8B or decreased 2.9% to $23.4B when currency adjustments [...]