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The Zacks Analyst Blog Highlights: Procter & Gamble, Exxon Mobil, Adobe Systems, Comcast and Las Vegas Sands
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For Immediate Release
Chicago, IL – May 8, 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: Procter & Gamble (PG - Free Report) , Exxon Mobil (XOM - Free Report) , Adobe Systems (ADBE - Free Report) , Comcast (CMCSA - Free Report) and Las Vegas Sands (LVS - Free Report) .
Here are highlights from Thursday’s Analyst Blog:
Top Stock Reports for Procter & Gamble, ExxonMobil & Adobe
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 Procter & Gamble, Exxon Mobil and Adobe Systems. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Procter & Gamble’s shares have outperformed the Zacks Soap and Cleaning Materials industry over the past year (+7.1% vs. -2.2%). The Zacks analyst believes that company’s efforts to make its cleaning and personal care products during the current pandemic have helped bolster sales. It has witnessed an increased demand for hand soaps, detergents and surface cleaning products, in particular.
The company’s solid third-quarter fiscal 2020 earnings mark the continuation of its positive surprise trend. Further, earnings and sales improved year over year in the reported quarter on gains from significant sales increase, related fixed cost leverage and ongoing productivity efforts.
Further, it delivered adjusted free cash flow productivity of 113% in the fiscal third quarter. However, currency fluctuations remain concerning. Due to stronger headwind from foreign exchange rates, the company lowered its all-in sales view for fiscal 2020.
Shares of Exxon Mobil have lost 36.8% over the past six months against the Zacks Integrated International Oil industry’s fall of 39.9%. The Zacks analyst believes that with no near-term recovery in demand in the horizon, owing to coronavirus pandemic, the firm’s refining business is not expected to improve anytime soon.
Notably, the company estimates gross recoverable resource of more than 8 billion oil-equivalent barrels from offshore Guyana discoveries. The energy giant’s first-quarter 2020 results were better than expected, thanks to growth in production from the prolific Permian & Guyana oil resources. This was partially offset by lower industry refining margin and decline in commodity prices.
ExxonMobil’s bellwether status in the energy space, optimal integrated capital structure that has historically produced industry-leading returns and management’s track record of capex discipline across the commodity price cycle makes it a relatively lower-risk energy sector play.
Adobe’s shares have lost 0.6% over the past three months against the Zacks Software industry’s fall of 5.8%. The Zacks analyst remains optimistic about Adobe’s market position, compelling product lines, continued innovation, solid adoption of Creative Cloud and Adobe marketing cloud.
Adobe is benefiting from strong demand for its creative products. The company’s Creative Cloud, Document Cloud and Adobe Experience Cloud products are driving the top-line growth. Further, rising subscription revenues and solid momentum across the mobile apps are major positives.
Additionally, growth in emerging markets, robust online video creation demand and improving average revenue per user are tailwinds. However, the company has given weak guidance for the current quarter due to coronavirus scare which might delay enterprises booking decisions, reduce marketing spending and hurt consulting service implementations.
Other noteworthy reports we are featuring today include Comcast and Las Vegas Sands.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: Procter & Gamble, Exxon Mobil, Adobe Systems, Comcast and Las Vegas Sands
For Immediate Release
Chicago, IL – May 8, 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: Procter & Gamble (PG - Free Report) , Exxon Mobil (XOM - Free Report) , Adobe Systems (ADBE - Free Report) , Comcast (CMCSA - Free Report) and Las Vegas Sands (LVS - Free Report) .
Here are highlights from Thursday’s Analyst Blog:
Top Stock Reports for Procter & Gamble, ExxonMobil & Adobe
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 Procter & Gamble, Exxon Mobil and Adobe Systems. 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’s shares have outperformed the Zacks Soap and Cleaning Materials industry over the past year (+7.1% vs. -2.2%). The Zacks analyst believes that company’s efforts to make its cleaning and personal care products during the current pandemic have helped bolster sales. It has witnessed an increased demand for hand soaps, detergents and surface cleaning products, in particular.
The company’s solid third-quarter fiscal 2020 earnings mark the continuation of its positive surprise trend. Further, earnings and sales improved year over year in the reported quarter on gains from significant sales increase, related fixed cost leverage and ongoing productivity efforts.
Further, it delivered adjusted free cash flow productivity of 113% in the fiscal third quarter. However, currency fluctuations remain concerning. Due to stronger headwind from foreign exchange rates, the company lowered its all-in sales view for fiscal 2020.
Shares of Exxon Mobil have lost 36.8% over the past six months against the Zacks Integrated International Oil industry’s fall of 39.9%. The Zacks analyst believes that with no near-term recovery in demand in the horizon, owing to coronavirus pandemic, the firm’s refining business is not expected to improve anytime soon.
Notably, the company estimates gross recoverable resource of more than 8 billion oil-equivalent barrels from offshore Guyana discoveries. The energy giant’s first-quarter 2020 results were better than expected, thanks to growth in production from the prolific Permian & Guyana oil resources. This was partially offset by lower industry refining margin and decline in commodity prices.
ExxonMobil’s bellwether status in the energy space, optimal integrated capital structure that has historically produced industry-leading returns and management’s track record of capex discipline across the commodity price cycle makes it a relatively lower-risk energy sector play.
Adobe’s shares have lost 0.6% over the past three months against the Zacks Software industry’s fall of 5.8%. The Zacks analyst remains optimistic about Adobe’s market position, compelling product lines, continued innovation, solid adoption of Creative Cloud and Adobe marketing cloud.
Adobe is benefiting from strong demand for its creative products. The company’s Creative Cloud, Document Cloud and Adobe Experience Cloud products are driving the top-line growth. Further, rising subscription revenues and solid momentum across the mobile apps are major positives.
Additionally, growth in emerging markets, robust online video creation demand and improving average revenue per user are tailwinds. However, the company has given weak guidance for the current quarter due to coronavirus scare which might delay enterprises booking decisions, reduce marketing spending and hurt consulting service implementations.
Other noteworthy reports we are featuring today include Comcast and Las Vegas Sands.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.