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The Zacks Analyst Blog Highlights Verizon, Accenture, United Parcel Service, AT&T, and Booking Holdings
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For Immediate Release
Chicago, IL – April 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: Verizon Communications Inc. (VZ - Free Report) , Accenture plc (ACN - Free Report) , United Parcel Service, Inc. (UPS - Free Report) , AT&T Inc. (T - Free Report) and Booking Holdings Inc. (BKNG - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Top Analyst Reports for Verizon, Accenture, UPS and More
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Verizon Communications Inc., Accenture plc, and United Parcel Service, Inc.. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Verizon shares have performed roughly in-line with the Zacks Wireless National industry's decline of -9% over the past year, as the company struggles to maintain its profitability in the face of an intensely competitive market that forces it to incur hefty expenses on promotions and discounts to attract customers. High auctioning expenses for the mid-band spectrum are expected to further weigh on margins.
However, Verizon plans to accelerate the availability of its 5G Ultra Wideband network, covering 175 million people by the end of 2022. The telecom giant's growth strategy includes 5G mobility, nationwide broadband and mobile edge computing and business solutions. The company has inked deals with satellite providers for early clearance of the additional C-band spectrum it acquired in 2021. It is building the entire network infrastructure to provide the most amazing 5G experience to customers.
Shares of Accenture have modestly underperformed the Zacks Consulting Services industry over the past year period (+22.5% vs. +24.4%). The Zacks analyst believes that the company has been steadily gaining traction in its outsourcing and consulting businesses.
The company has been strategically enhancing its cloud and digital marketing suite through buyouts and partnerships. The company's strong operating cash flow has helped it reward its shareholders in the form of dividend payments and share repurchases, and pursue opportunities in areas that show true potential.
However, pricing pressure due to significant competition from strong companies like Genpact, Cognizant and Infosys, remains a concern. Global presence exposes it to foreign currency exchange rate fluctuations. Buyout-related integration risks remain a concern.
Shares of UPS have outperformed the Zacks Transportation - Air Freight and Cargo industry over the past year (+28% vs. +5.6%). The Zacks analyst believes that demand for e-commerce-related package deliveries is likely to have remained strong and aided performance in first-quarter 2022. The agreement inked with ESW is an added positive. The deal aims to capitalize on the growing popularity of cross-border e-commerce.
We are also appreciative of UPS' efforts to reward its shareholders. In the latest shareholder-friendly move, UPS' board approved a 49% quarterly dividend increase to $1.52 per share in February. However, high operating costs are hurting the bottom line. With oil price moving north, fuel costs are escalating and flaring up total expenses. Due to steep fuel costs, operating expenses are likely to have soared.
Other noteworthy reports we are featuring today include AT&T Inc., and Booking Holdings Inc.
Why Haven't You Looked at Zacks' Top Stocks?
Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared+40.3%, +48.2%, +67.6%, +94.4%, and+95.3%. Today you can access their live picks without cost or obligation.
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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The Zacks Analyst Blog Highlights Verizon, Accenture, United Parcel Service, AT&T, and Booking Holdings
For Immediate Release
Chicago, IL – April 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: Verizon Communications Inc. (VZ - Free Report) , Accenture plc (ACN - Free Report) , United Parcel Service, Inc. (UPS - Free Report) , AT&T Inc. (T - Free Report) and Booking Holdings Inc. (BKNG - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Top Analyst Reports for Verizon, Accenture, UPS and More
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Verizon Communications Inc., Accenture plc, and United Parcel Service, Inc.. 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 >>>
Verizon shares have performed roughly in-line with the Zacks Wireless National industry's decline of -9% over the past year, as the company struggles to maintain its profitability in the face of an intensely competitive market that forces it to incur hefty expenses on promotions and discounts to attract customers. High auctioning expenses for the mid-band spectrum are expected to further weigh on margins.
However, Verizon plans to accelerate the availability of its 5G Ultra Wideband network, covering 175 million people by the end of 2022. The telecom giant's growth strategy includes 5G mobility, nationwide broadband and mobile edge computing and business solutions. The company has inked deals with satellite providers for early clearance of the additional C-band spectrum it acquired in 2021. It is building the entire network infrastructure to provide the most amazing 5G experience to customers.
(You can read the full research report on Verizon here >>>)
Shares of Accenture have modestly underperformed the Zacks Consulting Services industry over the past year period (+22.5% vs. +24.4%). The Zacks analyst believes that the company has been steadily gaining traction in its outsourcing and consulting businesses.
The company has been strategically enhancing its cloud and digital marketing suite through buyouts and partnerships. The company's strong operating cash flow has helped it reward its shareholders in the form of dividend payments and share repurchases, and pursue opportunities in areas that show true potential.
However, pricing pressure due to significant competition from strong companies like Genpact, Cognizant and Infosys, remains a concern. Global presence exposes it to foreign currency exchange rate fluctuations. Buyout-related integration risks remain a concern.
(You can read the full research report on Accenture here >>>)
Shares of UPS have outperformed the Zacks Transportation - Air Freight and Cargo industry over the past year (+28% vs. +5.6%). The Zacks analyst believes that demand for e-commerce-related package deliveries is likely to have remained strong and aided performance in first-quarter 2022. The agreement inked with ESW is an added positive. The deal aims to capitalize on the growing popularity of cross-border e-commerce.
We are also appreciative of UPS' efforts to reward its shareholders. In the latest shareholder-friendly move, UPS' board approved a 49% quarterly dividend increase to $1.52 per share in February. However, high operating costs are hurting the bottom line. With oil price moving north, fuel costs are escalating and flaring up total expenses. Due to steep fuel costs, operating expenses are likely to have soared.
(You can read the full research report on United Parcel here >>>)
Other noteworthy reports we are featuring today include AT&T Inc., and Booking Holdings Inc.
Why Haven't You Looked at Zacks' Top Stocks?
Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared+40.3%, +48.2%, +67.6%, +94.4%, and+95.3%. Today you can access their live picks without cost or obligation.
See Stocks Free >>
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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.