We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights JPMorgan Chase, T-Mobile US, SAP SE, Automatic Data Processing and The TJX Companies
Read MoreHide Full Article
For Immediate Release
Chicago, IL – October 13, 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: JPMorgan Chase & Co. (JPM - Free Report) , T-Mobile US, Inc. (TMUS - Free Report) , SAP SE (SAP - Free Report) , Automatic Data Processing, Inc. (ADP - Free Report) and The TJX Companies, Inc. (TJX - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
Top Stock Reports for JPMorgan, T-Mobile US and SAP
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 JPMorgan Chase & Co., T-Mobile US, Inc. and SAP SE. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
JPMorgan Chase shares have underperformed the Zacks Banks - Major Regional industry over the past year (-36.7% vs. -30.0%). The company’s volatile nature in the capital markets business and higher mortgage rates are likely to make fee income growth challenging. Our estimates for non-interest income (managed) indicate a decline of almost 15% this year. Steadily rising operating expenses remain a key headwind.
Given the possibility of an economic downturn and to meet higher capital requirements, the bank has suspended buybacks. However, opening new branches, strategic buyouts/investments and global expansion and digitization efforts are likely to keep driving the company’s financials.
Further, higher interest rates and steady growth in loan demand are expected to result in a robust improvement in net interest income (NII). Our estimates for NII (managed) suggest a CAGR of around 19% over the next three years.
T-Mobile US shares have outperformed the Zacks Wireless National industry over the past year (+17.0% vs. -21.8%). The company is experiencing healthy customer growth driven by diligent execution of operational plans. It is on track to complete the Sprint customer network decommissioning by the year-end.
The company has augmented its 5G footprint by introducing 5G Home Internet services in several states. Its Extended Range 5G covers 320 million people. The Ultra Capacity 5G covers 235 million people. T-Mobile continues to deploy 5G with the mid-band 2.5GHz spectrum from Sprint.
However, it operates in a fiercely competitive and almost saturated U.S. telecom market, which lowers its growth potential to some extent. Several promotional activities to lure additional customers are further eroding its profitability. Furthermore, it is engaging in leasing strategy to gain customers, thereby exposing it to credit risk. Debt obligation woes also persist.
SAP shares have underperformed the Zacks Computer - Software industry over the past year (-40.8% vs. -30.4%). The company has lowered full-year operating profit guidance due to the €350-million negative impact from the war in Ukraine and expectations of a continued decline in software licenses revenue.
Stiff competition and higher costs to enhance cloud-based offerings is likely to exert pressure on the company’s profitability in the near term. However, SAP’s performance is gaining from strength in its cloud business, especially the new Rise with SAP solution.
Momentum in SAP’s Business Process Intelligence platform, particularly the S/4HANA solutions along with healthy traction witnessed in SuccessFactors Employee Central, Ariba and Fieldglass, Qualtrics and other cloud-based offerings is noteworthy. The company also announced an additional share buyback plan worth €500 million.
Other noteworthy reports we are featuring today include Automatic Data Processing, and The TJX Companies, 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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights JPMorgan Chase, T-Mobile US, SAP SE, Automatic Data Processing and The TJX Companies
For Immediate Release
Chicago, IL – October 13, 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: JPMorgan Chase & Co. (JPM - Free Report) , T-Mobile US, Inc. (TMUS - Free Report) , SAP SE (SAP - Free Report) , Automatic Data Processing, Inc. (ADP - Free Report) and The TJX Companies, Inc. (TJX - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
Top Stock Reports for JPMorgan, T-Mobile US and SAP
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 JPMorgan Chase & Co., T-Mobile US, Inc. and SAP SE. 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 >>>
JPMorgan Chase shares have underperformed the Zacks Banks - Major Regional industry over the past year (-36.7% vs. -30.0%). The company’s volatile nature in the capital markets business and higher mortgage rates are likely to make fee income growth challenging. Our estimates for non-interest income (managed) indicate a decline of almost 15% this year. Steadily rising operating expenses remain a key headwind.
Given the possibility of an economic downturn and to meet higher capital requirements, the bank has suspended buybacks. However, opening new branches, strategic buyouts/investments and global expansion and digitization efforts are likely to keep driving the company’s financials.
Further, higher interest rates and steady growth in loan demand are expected to result in a robust improvement in net interest income (NII). Our estimates for NII (managed) suggest a CAGR of around 19% over the next three years.
(You can read the full research report on JPMorgan Chase here >>>)
T-Mobile US shares have outperformed the Zacks Wireless National industry over the past year (+17.0% vs. -21.8%). The company is experiencing healthy customer growth driven by diligent execution of operational plans. It is on track to complete the Sprint customer network decommissioning by the year-end.
The company has augmented its 5G footprint by introducing 5G Home Internet services in several states. Its Extended Range 5G covers 320 million people. The Ultra Capacity 5G covers 235 million people. T-Mobile continues to deploy 5G with the mid-band 2.5GHz spectrum from Sprint.
However, it operates in a fiercely competitive and almost saturated U.S. telecom market, which lowers its growth potential to some extent. Several promotional activities to lure additional customers are further eroding its profitability. Furthermore, it is engaging in leasing strategy to gain customers, thereby exposing it to credit risk. Debt obligation woes also persist.
(You can read the full research report on T-Mobile US here >>>)
SAP shares have underperformed the Zacks Computer - Software industry over the past year (-40.8% vs. -30.4%). The company has lowered full-year operating profit guidance due to the €350-million negative impact from the war in Ukraine and expectations of a continued decline in software licenses revenue.
Stiff competition and higher costs to enhance cloud-based offerings is likely to exert pressure on the company’s profitability in the near term. However, SAP’s performance is gaining from strength in its cloud business, especially the new Rise with SAP solution.
Momentum in SAP’s Business Process Intelligence platform, particularly the S/4HANA solutions along with healthy traction witnessed in SuccessFactors Employee Central, Ariba and Fieldglass, Qualtrics and other cloud-based offerings is noteworthy. The company also announced an additional share buyback plan worth €500 million.
(You can read the full research report on SAP here >>>)
Other noteworthy reports we are featuring today include Automatic Data Processing, and The TJX Companies, 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 >>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
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.