iRobot Corporation (NasdaqGS:IRBT) and Yelp Inc. (NYSE:YELP) Quant Signals Showing ERP5 …

Investors are constantly examining different financial indicators for potential stocks to own in order to assess trading opportunities. iRobot Corporation …

Investors are constantly examining different financial indicators for potential stocks to own in order to assess trading opportunities. iRobot Corporation (NasdaqGS:IRBT) presently has an EV or Enterprise Value of 3231715. The EV is used to show how the market assigns value to a company as a whole. EV is basically a modification of market cap, as it incorporates debt and cash for assessing a firm’s valuation. Tracking EV may help when comparing companies with different capital structures. EV can help investors gain a truer sense of whether a company is undervalued or not.

We can now take a quick look at some historical stock price index data. iRobot Corporation (NasdaqGS:IRBT) presently has a 10 month price index of 1.88105. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period. A ratio lower than one shows that the price has decreased over that time period.

Looking at some alternate time periods, the 12 month price index is 1.82889, the 24 month is 2.14807, and the 36 month is 3.95987. Narrowing in a bit closer, the 5 month price index is 1.07423, the 3 month is 1.34327, and the 1 month is currently 1.35655.

iRobot Corporation (NasdaqGS:IRBT) has a current ERP5 Rank of 7222. The ERP5 Rank may assist investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.

Checking in on some valuation rankings, iRobot Corporation (NasdaqGS:IRBT) has a Value Composite score of 65. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 59.

Watching some historical volatility numbers on shares of iRobot Corporation (NasdaqGS:IRBT), we can see that the 12 month volatility is presently 66.500800. The 6 month volatility is 57.852300, and the 3 month is spotted at 56.277500. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period.

Current Ratio

The Current Ratio of iRobot Corporation (NasdaqGS:IRBT) is 2.41. The Current Ratio is used by investors to determine whether a company can pay short term and long term debts. The current ratio looks at all the liquid and non-liquid assets compared to the company’s total current liabilities. A high current ratio indicates that the company might have trouble managing their working capital. A low current ratio (when the current liabilities are higher than the current assets) indicates that the company may have trouble paying their short term obligations.

Gross Margin Score

The Gross Margin Score is calculated by looking at the Gross Margin and the overall stability of the company over the course of 8 years. The score is a number between one and one hundred (1 being best and 100 being the worst). The Gross Margin Score of iRobot Corporation (NasdaqGS:IRBT) is 17.00000. The more stable the company, the lower the score. If a company is less stable over the course of time, they will have a higher score.

M-Score (Beneish)

The M-Score, conceived by accounting professor Messod Beneish, is a model for detecting whether a company has manipulated their earnings numbers or not. iRobot Corporation (NasdaqGS:IRBT) has an M-Score of -2.337593. The M-Score is based on 8 different variables: Days’ sales in receivables index, Gross Margin Index, Asset Quality Index, Sales Growth Index, Depreciation Index, Sales, General and Administrative expenses Index, Leverage Index and Total Accruals to Total Assets. A score higher than -1.78 is an indicator that the company might be manipulating their numbers.

Piotroski F-Score

The Piotroski F-Score is a scoring system between 1-9 that determines a firm’s financial strength. The score helps determine if a company’s stock is valuable or not. The Piotroski F-Score of iRobot Corporation (NasdaqGS:IRBT) is 6. A score of nine indicates a high value stock, while a score of one indicates a low value stock. The score is calculated by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings. It is also calculated by a change in gearing or leverage, liquidity, and change in shares in issue. The score is also determined by change in gross margin and change in asset turnover.

Investors may be interested in viewing the Gross Margin score on shares of Yelp Inc. (NYSE:YELP). The name currently has a score of 49.00000. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score runs on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative.

In taking a look at some additional key numbers, Yelp Inc. (NYSE:YELP) has a current ERP5 Rank of 11840. The ERP5 Rank may assist investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.

Yelp Inc. (NYSE:YELP) currently has a Montier C-score of 2.00000. This indicator was developed by James Montier in an attempt to identify firms that were fixing the books in order to appear better on paper. The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood. A C-score of -1 would indicate that there is not enough information available to calculate the score. Montier used six inputs in the calculation. These inputs included a growing difference among net income and cash flow from operations, increasing receivable days, growing day’s sales of inventory, increasing other current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth.

Yelp Inc. (NYSE:YELP) has an M-score Beneish of -2.727280. This M-score model was developed by Messod Beneish in order to detect manipulation of financial statements. The score uses a combination of eight different variables. The specifics of the variables and formula can be found in the paper written by Beneish called “The Detection of Earnings Manipulation”.

The Value Composite One (VC1) is a method that investors use to determine a company’s value. The VC1 of Yelp Inc. (NYSE:YELP) is 62. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings. Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield. The Value Composite Two of Yelp Inc. (NYSE:YELP) is 64.

At the time of writing, Yelp Inc. (NYSE:YELP) has a Piotroski F-Score of 5. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.

Valuation

Yelp Inc. (NYSE:YELP) presently has a current ratio of 13.25. The current ratio, also known as the working capital ratio, is a liquidity ratio that displays the proportion of current assets of a business relative to the current liabilities. The ratio is simply calculated by dividing current liabilities by current assets. The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets. Typically, the higher the current ratio the better, as the company may be more capable of paying back its obligations.

The Earnings to Price yield of Yelp Inc. NYSE:YELP is 0.016680. This is calculated by taking the earnings per share and dividing it by the last closing share price. This is one of the most popular methods investors use to evaluate a company’s financial performance. Earnings Yield is calculated by taking the operating income or earnings before interest and taxes (EBIT) and dividing it by the Enterprise Value of the company. The Earnings Yield for Yelp Inc. NYSE:YELP is 0.010007. Earnings Yield helps investors measure the return on investment for a given company. Similarly, the Earnings Yield Five Year Average is the five year average operating income or EBIT divided by the current enterprise value. The Earnings Yield Five Year average for Yelp Inc. (NYSE:YELP) is -0.000266.

Free Cash Flow Growth (FCF Growth) is the free cash flow of the current year minus the free cash flow from the previous year, divided by last year’s free cash flow. The FCF Growth of Yelp Inc. (NYSE:YELP) is 0.230013. Free cash flow (FCF) is the cash produced by the company minus capital expenditure. This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends. The Free Cash Flow Score (FCF Score) is a helpful tool in calculating the free cash flow growth with free cash flow stability – this gives investors the overall quality of the free cash flow. The FCF Score of Yelp Inc. (NYSE:YELP) is 0.826695. Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both.

Volatility

Stock volatility is a percentage that indicates whether a stock is a desirable purchase. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. The Volatility 12m of Yelp Inc. (NYSE:YELP) is 53.561200. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. The lower the number, a company is thought to have low volatility. The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. The Volatility 3m of Yelp Inc. (NYSE:YELP) is 36.518000. The Volatility 6m is the same, except measured over the course of six months. The Volatility 6m is 58.008800.

Related Posts:

  • No Related Posts

Tb Alternative Assets LTD Stake in Yelp Yelp Us (YELP) Has Raised as Market Valuation Declined …

… FUNDING COULD VALUE THE FINANCIAL TECHNOLOGY FIRM AT CLOSE TO $150 BILLION – WSJ, CITING; 11/03/2018 – Alibaba and Tencent …

Yelp Inc. (NYSE:YELP) Logo

First Trust Bank Ltd increased its stake in Alibaba Group Hldg Ltd (BABA) by 200% based on its latest 2018Q3 regulatory filing with the SEC. First Trust Bank Ltd bought 18,800 shares as the company’s stock declined 3.15% with the market. The institutional investor held 28,200 shares of the business services company at the end of 2018Q3, valued at $4.65 million, up from 9,400 at the end of the previous reported quarter. First Trust Bank Ltd who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $430.69 billion market cap company. The stock decreased 1.32% or $2.23 during the last trading session, reaching $166.15. About 12.10 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has declined 13.21% since February 16, 2018 and is downtrending. It has underperformed by 13.21% the S&P500. Some Historical BABA News: 03/05/2018 – Jack Ma’s Ant Financial adds two new money market funds to its platform; 08/05/2018 – Epsilon Partners with Metro Optic to Deliver On-Demand Global Connectivity in Canada; 08/04/2018 – Xiaofeng Ren, an international keynote speaker at CeBlT Australia 2018, is selected by Jack Ma as the new data scientist to bring Alibaba’s ‘NASA’ vision to life; 12/03/2018 – China’s Ofo Raises $866 Million in Funding Round Led by Alibaba; 04/05/2018 – Alibaba’s Profit Slips as It Spends to Expand Its Empire; 02/04/2018 – BEIJING HUALIAN DEPARTMENT STORE SAYS DEAL TO BRING IN ONE-OFF AFTER-TAX INVESTMENT GAINS OF AROUND 430-510 MLN YUAN; 29/03/2018 – ALIBABA HEALTH INFORMATION TECHNOLOGY LTD – WANG LEI RESIGNED AS CHIEF EXECUTIVE OFFICER; 10/04/2018 – JACK MA’S ANT FINANCIAL TO RAISE $9 BLN; FUNDING COULD VALUE THE FINANCIAL TECHNOLOGY FIRM AT CLOSE TO $150 BILLION – WSJ, CITING; 11/03/2018 – Alibaba and Tencent aim for the cloud; 18/03/2018 – ALIBABA GROUP HOLDING BABA.N TO INVEST $2 BLN IN SOUTHEAST ASIA’S LAZADA – STATEMENT

Tb Alternative Assets Ltd increased its stake in Yelp Inc Yelp Us (YELP) by 21.28% based on its latest 2018Q3 regulatory filing with the SEC. Tb Alternative Assets Ltd bought 6,300 shares as the company’s stock declined 21.24% with the market. The institutional investor held 35,900 shares of the other consumer services company at the end of 2018Q3, valued at $1.77 million, up from 29,600 at the end of the previous reported quarter. Tb Alternative Assets Ltd who had been investing in Yelp Inc Yelp Us for a number of months, seems to be bullish on the $3.32 billion market cap company. The stock increased 4.58% or $1.75 during the last trading session, reaching $39.94. About 4.72M shares traded or 85.40% up from the average. Yelp Inc. (NYSE:YELP) has declined 12.63% since February 16, 2018 and is downtrending. It has underperformed by 12.63% the S&P500. Some Historical YELP News: 02/05/2018 – Yelp to Participate in the J.P. Morgan Global Technology, Media and Communications Conference; 22/05/2018 – Yelp Reactivates Google Antitrust Complaint In EU — MarketWatch; 16/05/2018 – After New Yorker’s racist rant goes viral, his law firm gets pummeled with 1-star Yelp reviews; 10/05/2018 – YELP INC SEES FULL YEAR 2018 ADJUSTED EBITDA OF $179 MLN TO $188 MILLION; 06/03/2018 Yelp Conference Call Scheduled By Aliya Capital for Mar. 7; 11/05/2018 – YELP INC YELP.N : COWEN AND COMPANY RAISES TARGET PRICE TO $53 FROM $49; 21/05/2018 – Jeremy Stoppelman, co-founder of Yelp, said the online review site “would have no shot” if it were being built today; 26/03/2018 – Yelp Short-Interest Ratio Rises 29% to 8 Days; 10/05/2018 – CORRECT: YELP 1Q ADJ LOSS/SHR REPORTED IN ERROR; 18/04/2018 – Garmin® hosts second Connect lQ™ Developer Summit, announces Connect IQ 3.0 with new apps from Trailforks, Yelp, iHeartRadio and more

Among 41 analysts covering Alibaba (NYSE:BABA), 39 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 202 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Buy” rating by Deutsche Bank on Thursday, March 24. The firm has “Buy” rating given on Monday, November 5 by UBS. The company was maintained on Thursday, September 22 by Stifel Nicolaus. As per Monday, August 14, the company rating was maintained by Jefferies. The rating was maintained by Cantor Fitzgerald with “Buy” on Wednesday, August 26. The firm has “Buy” rating given on Thursday, August 17 by Suntrust Robinson. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Neutral” rating by Wedbush on Friday, January 29. The company was initiated on Friday, April 15 by Needham. The rating was downgraded by Standpoint Research to “Hold” on Thursday, October 29. Oppenheimer maintained it with “Buy” rating and $16500 target in Monday, June 26 report.

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Benzinga.com which released: “Amazon.com, Inc. (NASDAQ:AMZN), Alibaba (NYSE:BABA) – The ‘Amazon Effect’ And How Bringg Helps Companies Gain More Customers – Benzinga” on January 25, 2019, also Seekingalpha.com with their article: “Alibaba: Too Cheap Going Into Earnings – Seeking Alpha” published on January 24, 2019, Investorplace.com published: “7 Strong Buy Stocks With Over 20% Upside – Investorplace.com” on February 15, 2019. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Benzinga.com and their article: “Alibaba (NYSE:BABA) – Alibaba Group Holding’s Q3 Earnings Preview – Benzinga” published on January 29, 2019 as well as Seekingalpha.com‘s news article titled: “Alibaba: The Opportunity Is Now – Seeking Alpha” with publication date: November 19, 2018.

Among 47 analysts covering Yelp (NYSE:YELP), 17 have Buy rating, 7 Sell and 23 Hold. Therefore 36% are positive. Yelp had 180 analyst reports since July 28, 2015 according to SRatingsIntel. On Monday, June 4 the stock rating was maintained by Citigroup with “Buy”. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, November 2 report. Pacific Crest upgraded the stock to “Overweight” rating in Tuesday, April 11 report. The stock of Yelp Inc. (NYSE:YELP) has “Buy” rating given on Wednesday, November 2 by Mizuho. The company was maintained on Wednesday, October 11 by Cowen & Co. SunTrust maintained the shares of YELP in report on Thursday, February 8 with “Buy” rating. RBC Capital Markets downgraded it to “Sector Perform” rating and $27 target in Wednesday, May 10 report. Raymond James downgraded Yelp Inc. (NYSE:YELP) on Friday, November 9 to “Market Perform” rating. Cowen & Co maintained it with “Hold” rating and $49.0 target in Wednesday, January 24 report. The stock of Yelp Inc. (NYSE:YELP) earned “Buy” rating by Mizuho on Wednesday, August 10.

Tb Alternative Assets Ltd, which manages about $270.36 million US Long portfolio, decreased its stake in Alibaba Group Holding (NYSE:BABA) by 18,900 shares to 154,364 shares, valued at $25.43M in 2018Q3, according to the filing. It also reduced its holding in New Oriental Educatio (NYSE:EDU) by 168,372 shares in the quarter, leaving it with 99,377 shares, and cut its stake in Nutrien Ltd Ntr Us.

Investors sentiment decreased to 1.44 in 2018 Q3. Its down 0.17, from 1.61 in 2018Q2. It is negative, as 28 investors sold YELP shares while 52 reduced holdings. 49 funds opened positions while 66 raised stakes. 65.88 million shares or 1.22% less from 66.69 million shares in 2018Q2 were reported. Principal Finance Gru Inc, Iowa-based fund reported 45,104 shares. Loomis Sayles Commerce Lp holds 257 shares or 0% of its portfolio. Deutsche Bancshares Ag has 0.02% invested in Yelp Inc. (NYSE:YELP) for 602,168 shares. Product Prtnrs Limited Liability has invested 0.4% of its portfolio in Yelp Inc. (NYSE:YELP). Nordea Inv Mgmt Ab holds 0% in Yelp Inc. (NYSE:YELP) or 14,100 shares. Tb Alternative Assets Limited holds 0.65% of its portfolio in Yelp Inc. (NYSE:YELP) for 35,900 shares. Gsa Cap Partners Llp, a United Kingdom-based fund reported 11,527 shares. Geode Management Ltd Limited Liability Company reported 932,022 shares. Ohio-based Strs Ohio has invested 0% in Yelp Inc. (NYSE:YELP). Northern Trust has 1.04M shares. 412,320 are held by Prudential. Moreover, Sei Invs Communication has 0.07% invested in Yelp Inc. (NYSE:YELP). Exane Derivatives holds 0% or 1 shares in its portfolio. Moreover, Clough Cap Prns Limited Partnership has 1.94% invested in Yelp Inc. (NYSE:YELP) for 418,000 shares. Royal National Bank & Trust Of Canada accumulated 0% or 190,305 shares.

Yelp Inc. (NYSE:YELP) Institutional Positions Chart

Related Posts:

  • No Related Posts

DoorDash nears $7B valuation with new funding, WSJ reports

DoorDash is reportedly in the process of raising $500 million, which would bring its valuation close to $7 billion, according to the Wall Street Journal.

Dive Brief:

  • DoorDash is reportedly in the process of raising $500 million, which would bring its valuation close to $7 billion, according to the Wall Street Journal. ​Temasek Holdings, Singapore’s state investment firm, is expected to head up this latest funding round.
  • The new valuation brings the third-party delivery provider up four to five times as high as its valuation in March of last year, when it was worth $1.4 billion. Its valuation climbed to $4 billion in August.
  • DoorDash amassed a market share of 18% last year and its growth outpaced all other U.S. delivery rivals, per research from Edison Trends Report. But Grubhub is still top dog in the segment, boasting 34% of total revenue in the online American food delivery space.

Dive Insight:

Despite disappointing earnings from top third-party provider Grubhub, investors are still very keen on the food delivery segment, which could reach $3 billion in revenue by 2023 and make up 30% to 40% of restaurant sales in the coming years. Grubhub still garners over a third of restaurant delivery market share, but competition from the likes of Uber Eats, DoorDash and Postmates — as well as increased costs and expenses — helped stifle growth of its bottom line, according to The Motley Fool.

In this competitive space, a huge valuation would better position DoorDash ahead of a potential IPO, especially with top competitors also looking to go public. Uber, which owns Uber Eats, is reportedly worth $120 billion (a large chunk of which is its ride-sharing business) ahead of its IPO, despite its inability to generate a profit. Postmates, which filed for an IPO confidentially last week, is worth $1.85 billion after raising $100 million earlier this year. Grubhub is worth about $11 billion, according to Bloomberg.

DoorDash has been making big moves to garner more market share, expanding to all 50 states in January, starting a nationwide ad campaign and growing from 600 markets to 3,000 in 2018 — which was driven by over $700 million in investments raised last year. It now partners with 90% of the top 100 restaurant brands.

The next few years could be interesting for the top five delivery providers. Analysts previously told Restaurant Dive consolidation is expected to occur, especially as large providers eye small players struggling to increase revenue in an overcrowded segment.

Grubhub has already been an aggressive acquirer, buying Yelp’s Eat24, Foodler and OrderUp in 2017. It also acquired Tapingo, a delivery service for college campuses, last year and acquired Seamless several years ago. Waitr, which is also on the NYSE, completed its acquisition of Bite Squad in January.

With DoorDash turning its focus to the national stage, it could very well gobble up a smaller company. This would be even more likely if it becomes a public entity as there would be additional pressure from investors to continuously grow. It was previously rumored to be in initial talks to merge with Postmates, allowing for the companies to become more competitive. But with Postmates pushing for IPO, that deal appears to be off the table, at least for now.

Related Posts:

  • No Related Posts

Trade war, earnings, CPI — What to know in the week ahead

Thursday: Astrazeneca (AZN), Bloomin Brands (BLMN), CME Group (CME), Coca-Cola (KO), Incyte (INCY), Yeti Holdings (YETI) before market open; …

Several events with market-moving potential are taking place this week.

As the March 1 trade deal deadline nears, the U.S. and China continue to work towards a resolution. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer will be traveling to China for more trade-related talks. Investors were rattled last week after White House economic advisor Larry Kudlow said that there was a “pretty sizable distance to go” before the Washington and Beijing could reach a comprehensive trade deal. Those comments sent the market into a frenzy.

Then on Friday, the Wall Street Journal reported that the two feuding nations had not even put together an accord laying out trade agreements and disagreements. With less than one month before the U.S. tariffs increase to 25%, investors will be waiting for any incrementally positive news out of Beijing this week.

US President Donald Trump (L) waits with US Vice President Mike Pence (3L), US Secretary of State Mike Pompeo (4L), US Secretary of Agriculture Sonny Perdue (5L), US Secretary of Commerce Wilbur Ross (5R), Peter Navarro (4R), US Trade Representative Robert Lighthizer (3R), US Secretary of the Treasury Steven Mnuchin (2R), National Economic Council Director Larry Kudlow (R) and others for a meeting with China's Vice Premier Liu He and other Chinese officials in the Oval Office of the White House January 31, 2019 in Washington, DC. (Photo by Brendan Smialowski / AFP) (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)US President Donald Trump (L) waits with US Vice President Mike Pence (3L), US Secretary of State Mike Pompeo (4L), US Secretary of Agriculture Sonny Perdue (5L), US Secretary of Commerce Wilbur Ross (5R), Peter Navarro (4R), US Trade Representative Robert Lighthizer (3R), US Secretary of the Treasury Steven Mnuchin (2R), National Economic Council Director Larry Kudlow (R) and others for a meeting with China's Vice Premier Liu He and other Chinese officials in the Oval Office of the White House January 31, 2019 in Washington, DC. (Photo by Brendan Smialowski / AFP) (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
US President Donald Trump (L) waits with US Vice President Mike Pence (3L), US Secretary of State Mike Pompeo (4L), US Secretary of Agriculture Sonny Perdue (5L), US Secretary of Commerce Wilbur Ross (5R), Peter Navarro (4R), US Trade Representative Robert Lighthizer (3R), US Secretary of the Treasury Steven Mnuchin (2R), National Economic Council Director Larry Kudlow (R) and others for a meeting with China’s Vice Premier Liu He and other Chinese officials in the Oval Office of the White House January 31, 2019 in Washington, DC. (BRENDAN SMIALOWSKI/AFP/Getty Images)

Earnings season will continue with 60 S&P 500 companies gearing up to report this week. Coca-Cola, Pepsi, Cisco, Activision Blizzard and Under Armour are some of the biggest names reporting this week.

On Wednesday, the Bureau of Labor Statistics will be releasing the Consumer Price Index (CPI) data for January. “Falling oil prices should continue to weigh on the energy category, where we see prices falling 1.8%. Food prices should provide just a partial offset with a 0.3% gain. Altogether, we see headline CPI rising 0.06% after a 0.06% drop in December,” Morgan Stanley wrote in a note on Friday.

The Federal Reserve often looks to CPI data as a key inflation gauge. Given that the central bank has indicated that they will be “patient” and “data-dependent,” the CPI data will play an even more critical role.

Finally, Friday, February 15 is the temporary funding deal deadline and the government faces another potential shutdown. “The Democrats on the committee presumably won’t agree to fund Trump’s wall which, given Trump’s comments this week, would suggest a new shutdown is unavoidable,” Capital Economics wrote in a note on Friday. “Nevertheless, we would be surprised if Trump rushed into another politically damaging closure so soon.”

Economic calendar

Monday: Consumer Price Index (revisions)

Tuesday: NFIB Small Business Optimism, January (103.0 expected, 104.4 prior); JOLTS Job Openings, December (6888 prior); Producer Price Index (revisions)

Wednesday: MBA Mortgage Applications, week ending February 8 (-2.5% prior); CPI month-on-month, January (+0.1% expected, -0.1% prior); CPI excluding Food & Energy month-on-month, January (+0.2% expected, +0.2% prior); CPI year-on-year, January (+1.5% expected, +1.9% prior); CPI excluding Food & Energy year-on-year, January (+2.1% expected, +2.2% prior); Monthly Budget Statement, December (-$11.0B expected, -$204.9B prior)

Thursday: PPI Final Demand month-on-month, January (+0.1% expected, -0.2% prior); PPI excluding Food & Energy month-on-month, January (+0.2% expected, -0.1% prior); PPI Final Demand year-on-year, January (+2.1% expected, +2.5% prior); PPI excluding Food & Energy year-on-year, January (+2.5% expected, +2.7% prior); Initial Jobless Claims, week ending February 9 (225,000 expected, 234,000 prior) Continuing Claims, week ending February 2 (1.736 million prior); Retail Sales Advance month-on-month, December (+0.1% expected, +0.2% prior); Retail Sales excluding Auto month-on-month, December (0.0% expected, +0.2% prior); Retail Sales excluding Auto & Gas, December (+0.4% expected, +0.5% prior); Bloomberg Consumer Comfort, week ending February 10 (58.2 prior)

Friday: Empire Manufacturing, February (7.5 expected, 3.9 prior); Import Price Index month-on-month, January (-0.1% expected, -0.1% prior); Industrial Production month-on-month, January (+0.1% expected, +0.3% prior); Capacity Utilization, January (78.8% expected, 78.7% prior); University of Michigan Sentiment, February (94.0 expected, 91.2 prior); Net Long-term TIC Flows, December ($37.6B prior); Total Net TIC Flows, December ($31.0B prior)

Earnings calendar

Monday: Restaurant Brands (QSR) before market open

Tuesday: Under Armour (UAA) before market open; Activision Blizzard (ATVI), Groupon (GRPN), TripAdvisor (TRIP), Twilio (TWLO) after market close

Wednesday: Hilton Worldwide Holdings (HLT), Teva Pharmaceuticals (TEVA) before market open; Cisco Systems (CSCO), Hyatt Hotels (H), Marathon Oil (MRO), MGM Resorts (MGM), Yelp (YELP) after market close

Thursday: Astrazeneca (AZN), Bloomin Brands (BLMN), CME Group (CME), Coca-Cola (KO), Incyte (INCY), Yeti Holdings (YETI) before market open; Applied Materials (AMAT), Canopy Growth (CGC), CBS Corporation (CBS), Nvidia (NVDA) after market close

Friday: Deere & Company (DE), PepsiCo (PEP) before market open

Heidi Chung is a reporter at Yahoo Finance. Follow her on Twitter: @heidi_chung.

Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and reddit.

More from Heidi:

Yum Brands earnings disappoint, but KFC, Taco Bell and Pizza Hut sales beat

Legendary tech investor on Snap: I just don’t think they have a prayer long term

Snap’s Q4 wasn’t as bad as expected, shares spike

How the government shutdown affected the U.S. labor market

Facebook earnings: 6 key takeaways from the blowout quarter

Related Posts:

  • No Related Posts

Acadian Asset Management Raised Its Steel Dynamics (STLD) Stake by $6.87 Million; Share Price …

Acadian Asset Management Llc increased its stake in Steel Dynamics Inc (STLD) by 317.23% based on its latest 2018Q3 regulatory filing with the …

Yelp Inc. (NYSE:YELP) Logo

Acadian Asset Management Llc increased its stake in Steel Dynamics Inc (STLD) by 317.23% based on its latest 2018Q3 regulatory filing with the SEC. Acadian Asset Management Llc bought 152,636 shares as the company’s stock declined 31.13% with the market. The institutional investor held 200,752 shares of the basic industries company at the end of 2018Q3, valued at $9.07M, up from 48,116 at the end of the previous reported quarter. Acadian Asset Management Llc who had been investing in Steel Dynamics Inc for a number of months, seems to be bullish on the $8.22 billion market cap company. The stock increased 0.70% or $0.25 during the last trading session, reaching $35.8. About 923,750 shares traded. Steel Dynamics, Inc. (NASDAQ:STLD) has declined 19.95% since January 29, 2018 and is downtrending. It has underperformed by 19.95% the S&P500. Some Historical STLD News: 18/04/2018 – STEEL DYNAMICS INC – “BELIEVE RECENT U.S. FEDERAL ADMINISTRATION STEEL TRADE ACTIONS WILL RESULT IN REDUCED IMPORTS DURING THE YEAR”; 16/03/2018 – Steel Dynamics May Face Pressure, Industry Slowest in 16 Mos; 14/05/2018 – STEEL DYNAMICS INC STLD.O – STEEL DYNAMICS HAS AGREED TO PURCHASE HEARTLAND FOR $400 MLN IN CASH INCLUSIVE OF $60 MLN OF NORMALIZED WORKING CAPITAL; 16/05/2018 – DEEP ECO: Steel Dynamics May Benefit, Iron and Steel Up in April; 14/05/2018 – BRAZILIAN STEELMAKER CSN EXPECTS TO CLOSE SALE OF U.S. UNIT TO STEEL DYNAMICS IN 90 DAYS- FILING; 16/03/2018 – STEEL DYNAMICS PROVIDES 1Q 2018 EARNINGS GUIDANCE; 14/05/2018 – STEEL DYNAMICS INC STLD.O – PURCHASE PRICE WILL BE PAID IN CASH FROM AVAILABLE RESERVES; 13/03/2018 – Mackenzie Canadian Resource Adds Steel Dynamics; 14/05/2018 – STEEL DYNAMICS TO BUY CSN HEARTLAND FLAT ROLL OPS; 04/05/2018 – DASTUR and World Steel Dynamics Announce Strategic Partnership to Accelerate the Steel lndustry’s Growth, Competitiveness and Innovation

Tb Alternative Assets Ltd increased its stake in Yelp Inc Yelp Us (YELP) by 21.28% based on its latest 2018Q3 regulatory filing with the SEC. Tb Alternative Assets Ltd bought 6,300 shares as the company’s stock declined 21.24% with the market. The institutional investor held 35,900 shares of the other consumer services company at the end of 2018Q3, valued at $1.77 million, up from 29,600 at the end of the previous reported quarter. Tb Alternative Assets Ltd who had been investing in Yelp Inc Yelp Us for a number of months, seems to be bullish on the $3.03B market cap company. The stock decreased 0.54% or $0.2 during the last trading session, reaching $36.5. About 961,198 shares traded. Yelp Inc. (NYSE:YELP) has declined 12.63% since January 29, 2018 and is downtrending. It has underperformed by 12.63% the S&P500. Some Historical YELP News: 22/05/2018 – Yelp Reactivates Google Antitrust Complaint In EU — MarketWatch; 08/05/2018 – Spredfast Partners with Yelp to Bolster Review Management; 22/05/2018 – MEDIA-Yelp files new EU complaint against Google over search dominance- FT; 16/05/2018 – After New Yorker’s racist rant goes viral, his law firm gets pummeled with 1-star Yelp reviews; 10/05/2018 – YELP INC SEES FULL YEAR 2018 ADJUSTED EBITDA OF $179 MLN TO $188 MILLION; 26/03/2018 – Yelp Short-Interest Ratio Rises 29% to 8 Days; 21/05/2018 – D.E. Shaw & Co. Discloses 5.1% Stake In Yelp — MarketWatch; 22/05/2018 – Yelp files EU complaint over Google dominance; 18/04/2018 – Garmin® hosts second Connect IQ™ Developer Summit, announces Connect IQ 3.0 with new apps from Trailforks, Yelp, iHeartRadio; 08/05/2018 – Google Takes On Yelp by Adding Personalized Features to Maps

More notable recent Steel Dynamics, Inc. (NASDAQ:STLD) news were published by: Benzinga.com which released: “Steel Stocks Have Wall Street’s Attention (NYSE:X)(NASDAQ:STLD)(NUE)(AKS) – Benzinga” on November 27, 2018, also Nasdaq.com with their article: “Why the Earnings Surprise Streak Could Continue for Steel Dynamics (STLD) – Nasdaq” published on January 01, 2019, Seekingalpha.com published: “Steel Dynamics: Forget The Rest, Own The Best – Seeking Alpha” on August 24, 2018. More interesting news about Steel Dynamics, Inc. (NASDAQ:STLD) were released by: Finance.Yahoo.com and their article: “Morgan Stanley Upgrades US Steel, Sees Near-Term Bounce In Steel Prices – Yahoo! Finance News” published on January 28, 2019 as well as Seekingalpha.com‘s news article titled: “U.S. Steel downgraded to Hold from Buy at Jefferies on guidance risk – Seeking Alpha” with publication date: January 22, 2019.

Acadian Asset Management Llc, which manages about $65.15B and $24.21 billion US Long portfolio, decreased its stake in Nvr Inc (NYSE:NVR) by 25,804 shares to 12,559 shares, valued at $31.03M in 2018Q3, according to the filing. It also reduced its holding in Kelly Svcs Inc (NASDAQ:KELYA) by 61,122 shares in the quarter, leaving it with 492,480 shares, and cut its stake in Aac Hldgs Inc (NYSE:AAC).

Since September 19, 2018, it had 1 buying transaction, and 1 sale for $162,812 activity. $514,188 worth of Steel Dynamics, Inc. (NASDAQ:STLD) was sold by Graham Christopher A on Wednesday, September 19.

Among 19 analysts covering Steel Dynamics Inc. (NASDAQ:STLD), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. Steel Dynamics Inc. had 87 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, July 17 by Cowen & Co. The company was maintained on Tuesday, April 17 by Morgan Stanley. As per Thursday, January 4, the company rating was maintained by Cowen & Co. On Wednesday, March 23 the stock rating was maintained by Credit Suisse with “Outperform”. The firm earned “Neutral” rating on Thursday, January 12 by Credit Suisse. The company was upgraded on Tuesday, March 8 by Berenberg. Morgan Stanley maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating on Tuesday, October 24. Morgan Stanley has “Equal-Weight” rating and $36 target. The firm earned “Buy” rating on Friday, June 23 by Jefferies. The rating was maintained by Cowen & Co with “Buy” on Friday, September 22. Berenberg upgraded Steel Dynamics, Inc. (NASDAQ:STLD) on Tuesday, December 6 to “Buy” rating.

Investors sentiment decreased to 0.92 in 2018 Q3. Its down 0.20, from 1.12 in 2018Q2. It worsened, as 44 investors sold STLD shares while 159 reduced holdings. 58 funds opened positions while 129 raised stakes. 181.83 million shares or 2.07% less from 185.67 million shares in 2018Q2 were reported. Marshall Wace Llp holds 472,444 shares. James Inv Research holds 0.1% or 53,890 shares. Gam Hldgs Ag has 5,627 shares. Gideon Capital Advsrs holds 4,494 shares. Lazard Asset Ltd Llc invested in 3.30 million shares. Prudential Public Ltd Limited Liability Company reported 390,940 shares. Art Advsr Limited Company holds 0.22% or 105,750 shares in its portfolio. Moreover, Bessemer Grp has 0% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Marsico Mgmt Limited Liability Company stated it has 26,557 shares or 0.04% of all its holdings. Washington-based Fisher Asset Mgmt Lc has invested 0.01% in Steel Dynamics, Inc. (NASDAQ:STLD). Stifel Financial Corporation reported 120,634 shares stake. First Citizens National Bank And reported 9,488 shares. Proshare Advisors Ltd Liability Com accumulated 38,716 shares. Price T Rowe Associate Incorporated Md accumulated 666,938 shares. Marietta Investment Partners Lc invested in 13,079 shares.

Tb Alternative Assets Ltd, which manages about $270.36 million US Long portfolio, decreased its stake in L Brands Inc Lb Us (LTD) by 28,900 shares to 459,800 shares, valued at $13.93 million in 2018Q3, according to the filing. It also reduced its holding in New Oriental Educatio (NYSE:EDU) by 168,372 shares in the quarter, leaving it with 99,377 shares, and cut its stake in Alibaba Group Holding (NYSE:BABA).

Investors sentiment decreased to 1.44 in 2018 Q3. Its down 0.17, from 1.61 in 2018Q2. It is negative, as 28 investors sold YELP shares while 52 reduced holdings. 49 funds opened positions while 66 raised stakes. 65.88 million shares or 1.22% less from 66.69 million shares in 2018Q2 were reported. Trust Advsr Limited Com holds 76,875 shares. Fincl Bank Of America Corp De invested 0% in Yelp Inc. (NYSE:YELP). Eam Limited Company holds 0.52% or 70,440 shares. Hitchwood Mngmt Lp stated it has 600,000 shares. Bnp Paribas Arbitrage reported 55,568 shares or 0% of all its holdings. Gam Ag invested in 19,187 shares. Principal Grp Inc has 0% invested in Yelp Inc. (NYSE:YELP). Deutsche National Bank & Trust Ag owns 602,168 shares or 0.02% of their US portfolio. Cim Investment Mangement has 9,933 shares for 0.17% of their portfolio. Tower Research Cap Ltd Llc (Trc) reported 0.02% stake. Amalgamated Natl Bank holds 4,753 shares or 0.01% of its portfolio. Manufacturers Life Insurance The has 0% invested in Yelp Inc. (NYSE:YELP). Moreover, Barclays Public Ltd Co has 0.01% invested in Yelp Inc. (NYSE:YELP) for 161,129 shares. Jpmorgan Chase owns 25,772 shares or 0% of their US portfolio. Sg Americas Lc reported 0% stake.

Since August 14, 2018, it had 0 buys, and 43 sales for $12.02 million activity. Donaker Geoffrey L sold $71,680 worth of stock. Ramsay Alan had sold 128 shares worth $4,480. 10,500 Yelp Inc. (NYSE:YELP) shares with value of $450,226 were sold by Nachman Joseph R.

More notable recent Yelp Inc. (NYSE:YELP) news were published by: Seekingalpha.com which released: “Position Close Update: Yelp – Seeking Alpha” on January 18, 2019, also Businesswire.com with their article: “Visa Announces New Benefit to Help US Small Businesses Reach More Customers on Yelp – Business Wire” published on January 24, 2019, Seekingalpha.com published: “Yelp +2% as SQN calls for new directors, strategic evaluation – Seeking Alpha” on January 16, 2019. More interesting news about Yelp Inc. (NYSE:YELP) were released by: 9News.com and their article: “Yelp’s 2019 ‘Top 100 Places to Eat’ list includes 3 Colorado restaurants – 9News.com KUSA” published on January 08, 2019 as well as 247Wallst.com‘s news article titled: “Social Media Stocks See Rising Tide in Short Interest – 24/7 Wall St.” with publication date: January 28, 2019.

Steel Dynamics, Inc. (NASDAQ:STLD) Institutional Positions Chart

Related Posts:

  • No Related Posts