Company News for Feb 23, 2022

Shares of Medtronic plc MDT jumped 3.1% after the company reported third-quarter fiscal 2022 adjusted earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.36 per share.
CenterPoint Energy, Inc.’s CNP shares gained 2.2% after the company reported fourth-quarter 2021 adjusted earnings of $0.36 per share, surpassing the Zacks Consensus Estimate of $0.31 per share.
Shares of Westlake Corporation WLK rose 1.1% after the company reported fourth-quarter 2021 earnings of $4.98 per share, outpacing the Zacks Consensus Estimate of $4.62 per share.
CVR Energy, Inc.’s CVI shares fell 6.5% after the company reported fourth-quarter 2021 loss of $0.20 per share against the Zacks Consensus Estimate of $0.05 per share.

Just Released: Zacks' 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +25.4% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Westlake Corp. (WLK): Free Stock Analysis Report

Medtronic PLC (MDT): Free Stock Analysis Report

CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report

CVR Energy Inc. (CVI): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

UTL vs. CNP: Which Stock Is the Better Value Option?

Investors with an interest in Utility - Electric Power stocks have likely encountered both Unitil (UTL) and CenterPoint Energy (CNP). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Unitil and CenterPoint Energy are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that UTL is likely seeing its earnings outlook improve to a greater extent. However, value investors will care about much more than just this. Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels. Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use. UTL currently has a forward P/E ratio of 22.64, while CNP has a forward P/E of 23.30. We also note that UTL has a PEG ratio of 3.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CNP currently has a PEG ratio of 5.99. Another notable valuation metric for UTL is its P/B ratio of 1.99. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, CNP has a P/B of 2.21. Based on these metrics and many more, UTL holds a Value grade of B, while CNP has a Value grade of D. UTL stands above CNP thanks to its solid earnings outlook, and based on these valuation figures, we also feel that UTL is the superior value option right now. Zacks' Top Picks to Cash in on Electric Vehicles Big money has already been made in the Electric Vehicle (EV) industry. But, the EV revolution has not hit full throttle yet. There is a lot of money to be made as the next push for future technologies ramps up. Zacks’ Special Report reveals 5 picks investors See 5 EV Stocks With Extreme Upside Potential >> Click to get this free report Unitil Corporation (UTL): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks In...

0 0

3 june

What are you looking for? Select your points of interest to improve your first-time experience:

Join the community of traders to get a personalized trading feed

Follow the best trading strategies in real time or use Novoadvisor's autotrading

Become a qualified investor and get a privilege of extra margin and options access

Have some fun and stress out by shooting the eggs into the stocks

Apply & Continue

Company News for Feb 23, 2022

Pool Corp. (POOL) Gains But Lags Market: What You Should Know

Cassava Sciences, Inc. (SAVA) Stock Sinks As Market Gains: What You Should Know

Centene (CNC) Stock Sinks As Market Gains: What You Should Know

CNP Makes Notable Cross Below Critical Moving Average

Jim Cramer Says ‘Boring’ Stocks Will Outperform Over the Long Term; Here Are 3 Names to Consider

Jim Cramer Says ‘Boring’ Stocks Will Outperform Over the Long Term; Here Are 3 Names to Consider

Monday Sector Laggards: Healthcare, Utilities

UTL vs. CNP: Which Stock Is the Better Value Option?

Energy Sector Update for 06/03/2022: SRLP, TS, CNP, XLE, USO, UNG

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience: