For Immediate Release
Chicago, IL – January 7, 2020 – 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: Exxon Mobil (XOM - Free Report) , AT&T (T - Free Report) , Disney (DIS - Free Report) , Netflix (NFLX - Free Report) and United Parcel Service (UPS - Free Report) .
Here are highlights from Monday’s Analyst Blog:
Top Analyst Reports for Exxon Mobil, AT&T and Disney
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 Exxon Mobil, AT&T and Disney. 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 >>>
Exxon Mobil’s shares have outperformed the Zacks Integrated International Oil industry over the past year (-1.7% vs. -2.8%). The Zacks analyst believes that ExxonMobil’s bellwether status in the energy space and optimal integrated capital structure have helped it come up with industry-leading returns.
Moreover, the management’s track record of capex discipline across the commodity price cycle make it a relatively lower-risk energy sector play. The company owns some of the most prolific upstream assets globally, with a number of major projects slated to come online over the next few years.
Notably, ExxonMobil has made 15 oil discoveries in offshore Guyana. The firm estimates 750,000 barrels of oil production per day from the region by 2025.
However, the integrated energy player’s downstream & chemical units significantly underperformed in the first nine months of 2019. The units are unlikely to have recovered in the fourth quarter owing to scheduled maintenance activities.
Shares of AT&T have gained +3.7% in the past three months against the Zacks Wireless National industry's rise of +1.5%. The Zacks analyst believes that the company’s three-year financial framework, which is expected to drive significant improvement in margins and bottom-line growth with sustained investments and debt reduction.
It aims to deploy a standards-based, nationwide mobile 5G network in early 2020. AT&T’s 5G Evolution technology is live in more than 200 markets, which is expected to increase significantly in the near future.
The company anticipates gaining a competitive edge over rivals through edge computing services and healthy dividend payout. However, AT&T is witnessing a steady decline in linear TV subscribers and legacy services.
Its wireline division is facing loss in access line due to competitive pressure from VoIP service providers. As the company tries to woo customers with discounts, freebies and cash credits, margin pressures tend to soar.
Disney's shares have gained +3.9% over the past six months against the Zacks Media Conglomerates industry's rise of +4.5%. The Zacks analyst believes that Disney is expected to benefit from its solid slate of theatrical releases in fiscal 2020.
The upcoming movies, including Mulan, Free Guy and Black Widow, are anticipated to aid the Studio Entertainment top line. The success of Frozen 2 and Star Wars: The Rise of Skywalker is positive for the company’s first-quarter fiscal 2020 results.
Moreover, growing popularity of Disney+ makes it a key catalyst for the company’s prospects. However, the company anticipates higher operating losses in the DTC & International segment due to the ongoing investments. Moreover, increasing operating expenses related to domestic parks and resorts are expected to negatively impact profitability.
Other noteworthy reports we are featuring today include Netflix and United Parcel Service.
More Stock News: This Is Bigger than the iPhone!
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