Summary This PepsiCo stock analysis is based on Q4 and FY2016 financial results and its outlook for 2017 which were released on February 15, 2016. Organic revenue, which excludes the impact of various items, grew 3.7%. 2017 core earnings of $5.09/share expected compared to $4.85/share in 2016. 2016 Free Cash Flow (FCF) of $7.786B with [...]
I am concerned about the recent rapid increase in stock valuations. My concern started in mid-2016 and has accelerated subsequent to the US Presidential Election. […]
Summary This Brookfield Asset Management stock analysis is based on Q4 and FY2016 results and outlook for fiscal 2017 which were released February 9, 2017. Brookfield Asset Management (BAM) reflect a YoY increase in Funds from Operations (CDN$3.18 for 2016 vs. CDN$2.49 for 2015). The nature of BAM’s operations is such that I prefer to [...]
Summary This Broadridge Financial (NYSE: BR) stock anlysis is based on Q2 2017 and first half of FY 2017 results released February 8, 2017. Broadridge handles proxy voting services for over 90% of public companies and mutual funds in N.A. and processes more than $5T in fixed income and equity trades daily. In the first [...]
Summary This Emerson Electric stock analysis is based on Q1 2017 results and outlook for remainder of fiscal 2017 which were released February 7, 2017. EMR is currently undergoing a major transformation of its business to reverse the deterioration in its financial performance. Markets reacted positively to EMR’s Q1 2017 results. I think EMR is [...]
Summary This Church & Dwight stock analysis is based on Q4 and FY2016 results and outlook for fiscal 2017 which were released February 7, 2017. Continued growth is expected through the introduction of innovative new products, aggressive productivity programs, and tight management of overhead costs. CHD is also growing through the strategic acquisition of various [...]
Summary This Hershey stock analysis is based on Q4 and FY2016 results and outlook for fiscal 2017 which were released February 3, 2017. For the 3rd time this century, The Hershey Company spurned a takeover offer in 2016. Don’t expect The Hershey Trust Company to ever sell. While FY2016 results were acceptable, the Chinese need [...]
Summary This VISA stock analysis is based on Q1 results and outlook for the remainder of fiscal 2017 which were released February 2, 2017. Visa reported reasonably solid results for Q1 2017 on February 2, 2017. While I would be prepared to buy shares at $82, we already have a full position. I will, therefore, [...]
Summary This Automatic Data Processing stock analysis is based on Q2 2017 results and outlook for the remainder of fiscal 2017 which were released February 1, 2017. Revenues increased 6% to $3.0B, 7% on a constant dollar basis. Adjusted diluted EPS from continuing operations increased 20% to $0.87, 19% on a constant dollar basis. Fiscal [...]
Summary This CDK Global stock analysis is based on Q2 2017 results and its outlook for the remainder of fiscal 2017. CDK’s stock price has doubled to almost $64 since it was spun-off from ADP in 2014. CDK’s sub 1% dividend yield will not appeal to investors seeking income from their investments. CDK is expensive [...]