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The Zacks Analyst Blog Highlights Procter & Gamble, Sony Group, Diageo, Toyota Motor and Intuitive Surgical
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For Immediate Release
Chicago, IL – June 17, 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 Procter & Gamble Co. (PG - Free Report) , Sony Group Corp. (SONY - Free Report) , Diageo plc (DEO - Free Report) , Toyota Motor Corp. (TM - Free Report) and Intuitive Surgical, Inc. (ISRG - Free Report) .
Here are highlights from Thursday’s Analyst Blog:
Top Analyst Reports for Procter & Gamble, Sony and Diageo
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 The Procter & Gamble Co., Sony Group Corp., and Diageo plc. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Procter & Gamble shares have outperformed the Zacks Soap and Cleaning Materials industry over the past year (+1.6% vs. -7.9%). The company reported earnings surprises for more than three years, and revenues beat estimates for the eighth straight time in the quarter.
Results were driven by improved productivity amid cost headwinds, along with the rising demand for cleaning products. Gains from cost productivity also aided results. Management lifted its fiscal 2022 view.
It witnessed SG&A expense leverage, owing to savings from overhead and marketing expenses, and cost leverage gains due to higher sales and real estate. However, unfavorable mix, commodity cost inflation, increase in freight costs, product and packaging investments and other impacts hurt margins. It expects higher commodity and freight costs to persist in fiscal 2022.
Sony shares have declined -14.5% over the past year against the Zacks Audio Video Production industry's decline of -16.1%. The company expects operating margin for the fiscal year to be likely affected by decline in Pictures and G&NS segment operating incomes.
A stiff rivalry and high costs pose concerns. However, it remains focused on the premium segment of the branded products market to maximize growth. Its music experience, 360 Reality Audio, introduced to make listeners feel immersed in sound from all directions, bodes well.
Nevertheless, sales are expected to improve due to the higher G&NS and I&SS segments. The company is also benefiting from an increase in sales in the Music, Pictures, Imaging & Sensing Solutions and Financial Services units. Strategic acquisitions and joint ventures bode well in the long haul. The company now is working towards achieving carbon neutrality ten years earlier than the prior targeted deadline of 2050.
Diageo shares have declined -10.9% over the past year against the Zacks Beverages - Alcohol industry's decline of -13.7%. The company is witnessing continued inflationary pressures and currency headwinds which are concerning.
Moreover, margin growth was driven by supply productivity savings and price increases, which more than offset the higher cost inflation. It provided a decent view for fiscal 2022, with organic sales momentum likely to continue in the second half of fiscal 2022.
However, continued recovery in the on-trade channel, strong consumer demand in the off-trade and market share gains, which also aided the company's first-half fiscal 2022 performance. The company witnessed sales, operating margin and earnings growth in first-half fiscal 2021 driven by organic sales growth across all regions. Strong recovery in gross margin and operating cost leverage along with higher marketing investments aided organic operating margin growth.
Other noteworthy reports we are featuring today include Toyota Motor Corp. and Intuitive Surgical, 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 Procter & Gamble, Sony Group, Diageo, Toyota Motor and Intuitive Surgical
For Immediate Release
Chicago, IL – June 17, 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 Procter & Gamble Co. (PG - Free Report) , Sony Group Corp. (SONY - Free Report) , Diageo plc (DEO - Free Report) , Toyota Motor Corp. (TM - Free Report) and Intuitive Surgical, Inc. (ISRG - Free Report) .
Here are highlights from Thursday’s Analyst Blog:
Top Analyst Reports for Procter & Gamble, Sony and Diageo
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 The Procter & Gamble Co., Sony Group Corp., and Diageo plc. 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 >>>
Procter & Gamble shares have outperformed the Zacks Soap and Cleaning Materials industry over the past year (+1.6% vs. -7.9%). The company reported earnings surprises for more than three years, and revenues beat estimates for the eighth straight time in the quarter.
Results were driven by improved productivity amid cost headwinds, along with the rising demand for cleaning products. Gains from cost productivity also aided results. Management lifted its fiscal 2022 view.
It witnessed SG&A expense leverage, owing to savings from overhead and marketing expenses, and cost leverage gains due to higher sales and real estate. However, unfavorable mix, commodity cost inflation, increase in freight costs, product and packaging investments and other impacts hurt margins. It expects higher commodity and freight costs to persist in fiscal 2022.
(You an read the full research report on Procter & Gamble here >>>)
Sony shares have declined -14.5% over the past year against the Zacks Audio Video Production industry's decline of -16.1%. The company expects operating margin for the fiscal year to be likely affected by decline in Pictures and G&NS segment operating incomes.
A stiff rivalry and high costs pose concerns. However, it remains focused on the premium segment of the branded products market to maximize growth. Its music experience, 360 Reality Audio, introduced to make listeners feel immersed in sound from all directions, bodes well.
Nevertheless, sales are expected to improve due to the higher G&NS and I&SS segments. The company is also benefiting from an increase in sales in the Music, Pictures, Imaging & Sensing Solutions and Financial Services units. Strategic acquisitions and joint ventures bode well in the long haul. The company now is working towards achieving carbon neutrality ten years earlier than the prior targeted deadline of 2050.
(You an read the full research report on Sony here >>>)
Diageo shares have declined -10.9% over the past year against the Zacks Beverages - Alcohol industry's decline of -13.7%. The company is witnessing continued inflationary pressures and currency headwinds which are concerning.
Moreover, margin growth was driven by supply productivity savings and price increases, which more than offset the higher cost inflation. It provided a decent view for fiscal 2022, with organic sales momentum likely to continue in the second half of fiscal 2022.
However, continued recovery in the on-trade channel, strong consumer demand in the off-trade and market share gains, which also aided the company's first-half fiscal 2022 performance. The company witnessed sales, operating margin and earnings growth in first-half fiscal 2021 driven by organic sales growth across all regions. Strong recovery in gross margin and operating cost leverage along with higher marketing investments aided organic operating margin growth.
(You an read the full research report on Diageo here >>>)
Other noteworthy reports we are featuring today include Toyota Motor Corp. and Intuitive Surgical, 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.