This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines feature a downgrade for American Eagle Outfitters (NYSE: AEO ) , an upgrade for ANN (NYSE: ANN ) , and a brand new buy rating for a little company called Mazor Robotics (NASDAQ: MZOR ) . Let's dive right in, beginning with why ...
American Eagle got its wings clipped
American Eagle is falling like a (small) rock this morning, down nearly 2% in response to twin downgrades to "neutral" from investment bankers Citi and Oppenheimer. The stock's now selling for $18 and change, and according to Oppy at least, that's right about where it will be trading a year from now, too. The analyst says the stock's worth about $19, no more.
But is Oppenheimer right? Is Citi? Let's take a look.
Priced at just 16.6 times trailing earnings, and paying a 2.6% dividend yield, American Eagle certainly doesn't look expensive. Presumably, therefore, the analysts are focusing on AE's presumed 11% long-term earnings growth rate, which falls short of the average estimate for the retail industry (12%), and is short, too, of the 14% or so growth rate we'd ordinarily want to see for a 16.6 P/E stock with AE's dividend yield.
Top 10 Performing Stocks To Own Right Now: S&P Smallcap 600(PH)
Parker Hannifin Corporation manufactures fluid power systems, electromechanical controls, and related components worldwide. Its Industrial segment offers pneumatic and electromechanical components, and systems; filters, systems, and instruments to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors that control, transmit, and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; critical flow components for process instrumentation, healthcare, and ultra-high-purity applications; and static and dynamic sealing devices. This segment sells its products to original equipment manufacturers (OEMs) and their replacement markets in the manufacturing, transportation, and processing industries. The company?s Aerospace segment provides flight control systems and components, including hydraulic, electrohydraulic, electric backup hydraulic, electrohydrostatic, and electro -mechanical components for precise control of aircraft rudders, elevators, ailerons, and other aerodynamic control surfaces. It also provides electronics thermal management heat rejection systems, and single-phase and two-phase heat collection systems for radar, ISAR, and power electronics. This segment markets its products primarily to OEMs in the commercial, military, and general aviation markets, as well as to end users. Its Climate and Industrial Controls segment offers systems and components primarily for use in the mobile and stationary refrigeration, and air conditioning industry; and in fluid control applications in various industries, such as processing, fuel dispensing, beverage dispensing, and mobile emissions. This segment serves OEMs and their replacement markets. Parker-Hannifin Corporation markets its products through direct-sales employees, independent distributors, wholesalers, and sales representatives. The company was founded in 1918 and is headquartered i n Cleveland, Ohio.
Advisors' Opinion:- [By Lauren Pollock]
Parker Hannifin Corp.'s(PH) fiscal second-quarter earnings rose 40% as the maker of motion and control equipment’s orders continued to grow and gains from a joint-venture agreement with General Electric Co.(GE) (GE) offset a costly write-down. Adjusted earnings were ahead of expectations, yet the company lowered its per-share earnings estimate for the year. Shares dropped 3.8% to $122 premarket.
- [By Monica Gerson]
Parker-Hannifin (NYSE: PH) is expected to report its Q1 earnings at $1.48 per share on revenue of $3.26 billion.
Textron (NYSE: TXT) is estimated to report its Q3 earnings at $0.47 per share on revenue of $2.97 billion.
- [By Ben Levisohn]
The market in aggregate might have gone nowhere, but that wasn’t for lack of big moves from individual stocks. Parker-Hannifin (PH) gained 2.4% to $115.06 after it was upgraded to Outperform from Neutral at Baird, while Newmont Mining (NEM) gained 2.2% as gold miners headed higher today.
- [By Sue Chang and Ben Eisen]
Parker-Hannifin Corp. (PH) �shares climbed 5.2% after the motion and control technologies company reported its first-quarter earnings rose to $1.61 a share from $1.57 a share.
Top Dividend Companies To Invest In Right Now: British/Swiss Franc(UN)
UNILEVER N.V. operates as a fast-moving consumer goods company in Asia, Africa, Europe, and the Americas. It offers personal care products, including skin care and hair care products, deodorants, and oral care products under the brand names of Axe, Brylcreem, Dove, Fissan, Lifebuoy, Lux, Pond's, Radox, Rexona, Signal & Close Up, Simple, St Ives, Sunsilk, TRESemm� Vaseline, and VO5. The company also provides home care products comprising laundry tablets, powders and liquids, soap bars, and various cleaning products under the Cif, Comfort, Domestos, Omo, Radiant, Sunlight, and Surf brand names. In addition, it offers food products consisting of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads, as well as cooking products, such as liquid margarines. The company markets its food products under the brand names of Becel/Flora, Bertolli, Blue Band, Rama, Hellmann?s, Amora, and Knorr. Further, it provides refreshment products, which include ice cream, tea-based beverages, weight-management products, and nutritionally enhanced staples under the brand names of Heartbrand, Lipton, and Slim?Fast. UNILEVER N.V. sells its products through its own sales force, as well as through independent brokers, agents, and distributors to chain, wholesale, co-operative and independent grocery accounts, food service distributors, and institutions. The company, formerly known as Naamlooze Vennootschap Margarine Unie, was founded in 1927 and is based in Rotterdam, the Netherlands. Unilever N.V. is a subsidiary of The Unilever Group.
Advisors' Opinion:- [By MONEYMORNING]
Own a giant, global player in consumer goods that has a diversified array of household brand-name products that are sold all over the world and that pays a fat dividend. Unilever N.V. (ADR) (NYSE: UN) is one.
- [By Maxx Chatsko]
Good news for deep-sea sharks: Synthetic biology pioneer Amyris (NASDAQ: AMRS ) has engineered yeast to create the hydrocarbon farnesene, which can then be processed into large amounts of high-quality squalane. The emollient is naturally produced by your skin to prevent moisture loss; thus, it's an important ingredient for numerous global cosmetic brands offering skincare lotions, hair care creams, hand washes, lipsticks, and various other personal-care products. In fact, you may have used a product containing squalane today. Several�Avon (NYSE: AVP ) products, the St. Ives brand from Unilever (NYSE: UN ) , the Cover Girl and Olay brands from Procter & Gamble (NYSE: PG ) , the Nivea brand from Beiersdorf, the Dial brand from Henkel, the Aveeno and Johnsons brands from Johnson & Johnson, and many others list squalane as an ingredient. �
Top Dividend Companies To Invest In Right Now: Northstar Realty Finance Corp. (NRF)
NorthStar Realty Finance Corp. operates as a real estate investment trust in the United States. It invests in real estate debt business, which acquires, originates, and structures debt investments secured primarily by income-producing real estate properties; real estate securities business that invests in commercial real estate debt securities, including commercial mortgage backed securities, REIT unsecured debt, and credit tenant loans; and net lease properties business, which acquires properties that are primarily net leased to corporate tenants. The company has elected to be taxed as a REIT and it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. NorthStar Realty Finance was founded in 1997 and is based in New York City.
Advisors' Opinion:- [By Louis Navellier]
Northstar Realty Finance (NRF) is a REIT that acquires, originates, and structures debt investments secured primarily by income-producing real estate properties. Northstar also invests in commercial real estate debt securities, including commercial mortgage backed securities, REIT unsecured debt, and credit tenant loans and has a portfolio of properties that are net leased to commercial tenants.
- [By alicet236]
Northstar Realty Finance Corporation (NRF): Chairman and CEO David T. Hamamoto Sold 639,182 Shares
Chairman and CEO of Northstar Realty Finance Corporation (NRF) David T. Hamamoto sold 639,182 shares on 01/13/2014 at an average price of $14.14. NorthStar Realty Finance Corporation is a Maryland corporation formed in October 2003. Northstar Realty Finance Corporation has a market cap of $4.16 billion; its shares were traded at around $14.00 with and P/S ratio of 4.15. The dividend yield of Northstar Realty Finance Corporation stocks is 5.57%.
- [By Lisa Levin]
NorthStar Realty Finance (NYSE: NRF) surged 8.86% to $17.45. The volume of NorthStar Realty Finance shares traded was 419% higher than normal. American Realty Capital Properties (NASDAQ: ARCP) is in talks for a takeover of NorthStar Realty Finance, Financial Times' Ed Hammond said on Twitter.
Top Dividend Companies To Invest In Right Now: Sempra Energy(SRE)
Sempra Energy, together with its subsidiaries, develops new energy infrastructure, operates utilities, and provides energy-related products and services worldwide. It operates in six segments: SDG&E, SoCalGas, Sempra Generation, Sempra Pipelines & Storage, Sempra LNG (liquefied natural gas), and Sempra Commodities. The SDG&E segment has electric and natural gas franchises that locate, operate, and maintain facilities for the transmission and distribution of electricity and natural gas to residential, commercial, industrial, street and highway lighting, and direct access customers. The SoCalGas segment has natural gas franchises that locate, operate, and maintain facilities for the transmission and distribution of natural gas to electric generation, wholesale, large commercial, industrial, and enhanced oil recovery customers. The Sempra Generation segment involves in the generation and wholesale distribution of electricity through a fleet of natural gas-fired power generati on facilities in Arizona, Nevada, and Indiana, as well as Mexico with a total capacity of 2,513 megawatts. The Sempra Pipelines & Storage segment operates 1,883 miles of distribution pipelines, 224 miles of transmission pipelines, and 3 compressor stations in Mexico; operates Mobile Gas, a natural gas distribution utility located in Mobile and Baldwin counties in Alabama; and operates natural gas storage facilities in Washington County of Alabama and Simpson County of Mississippi. The Sempra LNG segment involves in the receipt, storage, and vaporization of LNG, as well as the purchase and sale of natural gas. It operates Energia Costa Azul LNG receipt terminal in Baja California, Mexico, as well as Cameron LNG receipt terminal in Hackberry, Louisiana. The Sempra Commodities segment engages in the commodities-marketing business. Sempra Energy has operations in the United States, Canada, Mexico, Argentina, Chile, and Peru. The company was founded in 1998 and is headquartered i n San Diego, California.
Advisors' Opinion:- [By Rich Duprey]
Utility operator�Sempra Energy (NYSE: SRE ) announced yesterday its second-quarter dividend of $0.63 per share, the same rate it paid last quarter after raising the payout 5% from $0.60 per share.
- [By Dan Caplinger]
ConEd has taken steps toward bolstering its non-regulated business, entering into a partnership with Sempra Energy (NYSE: SRE ) to take 50% ownership of two of Sempra's solar farms in Nevada and Arizona. Still, one consequence of moving toward deregulated opportunities is that they can create more volatility in earnings, which could make it harder for ConEd to feel comfortable with future dividend hikes.
- [By Monica Wolfe]
Sempra Energy (SRE)
During the second quarter Burbank increased his position in Sempra Energy by 208.21%. The guru bought a total of 183,588 shares at an estimated average quarterly price of $81.50. The share price has increased approximately 1.8% since then.
- [By Aaron Levitt]
CBI has been racking up new contracts like crazy. The latest include a $6 billion LNG export facility contract with Sempra Energy (SRE) and a $100 million contract to build pipelines & propane dehydrogenation unit for Enterprise Products Partners (EPD).
Top Dividend Companies To Invest In Right Now: Dominion Resources Inc. (D)
Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. It operates in three segments: DVP, Dominion Generation, and Dominion Energy. The DVP segment includes regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. This segment also involves in non regulated retail energy marketing of electricity and natural gas. The Dominion Generation segment includes the electricity generation through coal, nuclear, gas, oil, and renewables; and related energy supply operations. It also comprises generation operations of the company?s merchant fleet and energy marketing, and price risk management activities for these assets. The Dominion Energy segment includes the company?s Ohio and West Virginia regulated natural gas distribution companies, regulated gas transmission pipeline and storage operations, natural gas gathering and by-products extraction activities, and regulated LNG import and storage operations. It also provides producer services, which aggregates natural gas supply; engages in natural gas trading and marketing activities; and involves in natural gas supply management. The company?s portfolio of assets includes approximately 27,615 MW of generation; 6,100 miles of electric transmission lines; 56,800 miles of electric distribution lines; 11,000 miles of natural gas transmission, gathering, and storage pipeline; and 21,800 miles of gas distribution pipeline. Dominion Resources, Inc. also owns approximately 947 bcf of storage capacity of natural gas and serves retail energy customers in 14 states. In addition, it sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. The company was founded in 1909 and is headquartered in Richmond, Virginia.
Advisors' Opinion:- [By Ben Levisohn]
It’s not all bad news, however. Two utilities should benefit from this trend, Calpine (CPN) and Dominion Resources (D), although the advantage may already be priced into Dominion’s shares, Byrd says.
- [By Justin Loiseau]
Make less
If consumers are using less electricity, the most obvious adjustment is to make less electricity. Dominion (NYSE: D ) announced this week that it has permanently shut down a 556 MW nuclear plant after nearly 40 years of operations.� - [By Richard Stavros]
Among those companies that are winding down their spending programs, NextEra Energy Inc (NYSE: NEE) accounts for almost 30 percent of the projected $10 billion decline in annual spending from 2013 to 2015. Other larger-cap companies with projected 2015 budgets that are below their 2013 levels include: CenterPoint Energy Inc (NYSE: CNP), Dominion Resources Inc (NYSE: D), PPL Corp (NYSE: PPL), Public Service Enterprise Group Inc (NYSE: PEG), and Southern Company (NYSE: SO).
Top Dividend Companies To Invest In Right Now: Curtiss-Wright Corporation (CW)
Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components and systems. It operates in three segments: Flow Control, Motion Control, and Metal Treatment. The Flow Control segment designs, manufactures, and distributes engineered products, including valves, pumps, motors, generators, instrumentation, shipboard systems, and control electronics that manage the flow of liquids and gases, generate power, provide electronic operating systems, and monitor or provide critical functions for naval defense, power generation, oil and gas, and general industrial markets. The Motion Control segment designs, develops, manufactures, and maintains mechanical actuation and drive systems, specialized sensors, motors, electronic controller units, and embedded computing components and control systems for ground defense, aerospace defense, commercial aerospace, and general industrial markets. The Metal Treatment segment provides metallu rgical processing services comprising shot peening, laser peening, specialty coatings and heat treating for commercial and defense aerospace, oil and gas, power generation, automotive, transportation, construction equipment, and miscellaneous metal working industries. The company operates primarily in the United States, the United Kingdom, and Canada. Curtiss-Wright Corporation was founded in 1929 and is headquartered in Parsippany, New Jersey.
Advisors' Opinion:- [By Marc Bastow]
Engineered and advanced technical service products manufacturer Curtiss-Wright (CW) raised its quarterly dividend 30% to 13 cents per share, payable April 10 to shareholders of record as of March 27.
CW Dividend Yield: 0.82% - [By Shauna O'Brien]
On Monday, Curtiss-Wright Corp. (CW) announced that it has completed its acquisition of Arens Controls, LLC for $98 million.
The newly acquired business will operate under CW’s Controls segment. David C. Adams, President and CEO of CW noted: “The acquisition of Arens complements our previous acquisitions of Williams Controls and PG Drives, further strengthening and growing Curtiss-Wright’s existing industrial controls business.”
“This is another step toward our vision of being the supplier of choice for operator control subsystems and critical drivetrain components in specialty vehicles. As a leading designer and manufacturer of critical vehicle controls technologies, Arens’ complementary products and long-standing customer relationships position Curtiss-Wright for increased penetration within the commercial and off-road vehicle markets. Additionally, this acquisition allows us to leverage our global manufacturing footprint to create margin expansion opportunities,” Adams added.
Curtiss-Wright shares were down 46 cents, or 1.00%, during Monday morning trading. The stock is up 39% YTD.
- [By Alex Planes]
In 1917, the two major aircraft manufacturers were forced into a patent pool that would offer modest licensing terms for prospective upstarts. By this point, the Wrights were out of the industry. Wilbur had died years earlier, and Orville had sold his stake to outside investors, leaving Curtiss with an easier path to the dominance previously denied him. The Wrights' reputation was badly damaged, and competition came to the industry despite their efforts. Years later, on the eve of the Great Depression, Curtiss gained a final measure of victory when his company and the Wrights' namesake business merged to become Curtiss-Wright (NYSE: CW ) , which was at the time the largest aviation company in the United States. This company was also briefly a part of the Dow (from 1928 to 1930), making it the first aviation component in the index's history.
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