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The Zacks Analyst Blog Highlights The Walt Disney, Kimberly-Clark, Barrick Gold, FactSet Research Systems and American Financial Group

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For Immediate Release

Chicago, IL – October 4, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: The Walt Disney Co. (DIS - Free Report) , Kimberly-Clark Corp. (KMB - Free Report) , Barrick Gold Corp. (GOLD - Free Report) , FactSet Research Systems Inc. (FDS - Free Report) , and American Financial Group, Inc. (AFG - Free Report)

Here are highlights from Monday’s Analyst Blog:

Top Research Reports for Walt Disney, Kimberly-Clark and Barrick Gold

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including The Walt Disney Co., Kimberly-Clark Corp. and Barrick Gold Corp.. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today's research reports here >>>

Walt Disney shares have underperformed the broader market this year (-39.1% vs. -24.8%) on the back of sentiment shift about the streaming business that had earlier helped the stock move higher. Other issues in the Disney story have been the adverse impact of coronavirus on theme park business, higher programming and production costs at Linear Networks, heavy investments on Disney+, and a leveraged balance sheet.

However, the company is benefiting from the growing popularity of Disney+, owing to a strong content portfolio and a cheaper bundle offering. Availability in the Nordics, Latin America and other Asian territories is helping it expand its user base. Theme Park business is likely to gain from strong demand across both the domestic and international parks.

(You can read the full research report on Walt Disney here >>>

Kimberly-Clark's shares have declined -10.0% over the past six-month period against the Zacks Consumer Products – Staples industry's decline of -28.0%. The Zacks analyst believes that Kimberly-Clark has been battling high input costs for a while now. The same persisted in the second quarter of 2022, with operating profit declining due to a rise in input costs to the tune of $405 million. Management expects adjusted operating profit to be down mid-single digit percent during 2022. Key input costs are estimated to escalate $1.4-$1.6 billion in 2022.

Nonetheless, the company has been benefiting from its three growth pillars. These include focus on improving its core business in the developed markets, speeding up growth in the Personal Care segment in developing and emerging markets and enhancing digital and e-commerce capacities. Apart from this, the company's pricing and saving initiatives have been aiding amid a rising cost environment. 

(You can read the full research report on Kimberly-Clark here >>>

Barrick Gold shares have underperformed the Zacks Mining – Gold industry over the past year (-15.0% vs. -8.6%). The Zacks analyst believes that the company's higher costs might dent its margins in 2022. Uncertainties surrounding the pandemic may impact demand for gold over the short term. Gold prices are also expected to remain volatile over the near term and are likely to be affected by interest rate hikes in 2022. Weaker copper prices are another concern. 

However, the company is expected to gain from progress in key growth projects that are likely to contribute to production. Barrick's debt-reduction actions are also expected to lower interest expenses. It has a strong liquidity position and is focused on boosting shareholders' returns by leveraging solid cash flows. Moreover, Barrick's merger with Randgold and joint venture with Newmont provides additional upsides.  

(You can read the full research report on Barrick Gold here >>>)

Other noteworthy reports we are featuring today include FactSet Research Systems Inc., and American Financial Group, Inc.. 

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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