Latest news with #NASX
Yahoo
13 hours ago
- Business
- Yahoo
Is Cincinnati Financial Stock Outperforming the Nasdaq?
With a market cap of $22.8 billion, Cincinnati Financial Corporation (CINF) is a provider of property and casualty insurance products across the United States. The company operates through five main segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. Companies valued at more than $10 billion are generally considered 'large-cap' stocks, and Cincinnati Financial fits this criterion perfectly. Its operations are supported by multiple subsidiaries, including The Cincinnati Insurance Company and its affiliates, offering a wide range of insurance and investment services. Is Palantir Stock Poised to Surge Amidst the Israel-Iran Conflict? 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer OpenAI CEO Sam Altman Says 'We Are Heading Towards a World Where AI Will Just Have Unbelievable Context on Your Life' Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Despite this, shares of the Fairfield, Ohio-based company have declined 9.9% from its 52-week high of $161.74. CINF stock has increased marginally over the past three months, lagging behind the Nasdaq Composite's ($NASX) 11.7% rise over the same time frame. In the longer term, CINF stock is up 1.4% on a YTD basis, slightly outperforming NASX's 1.2% gain. Moreover, shares of the Insurance firm have soared 28.2% over the past 52 weeks, compared to NASX's 9.4% return over the same time frame. The stock has climbed above its 50-day and 200-day moving averages since May. Despite reporting weaker-than-expected Q1 2025 adjusted revenue of $2.6 billion on Apr. 28, shares of CINF rose 2.9% the next day as the company reported a smaller-than-expected adjusted loss of $0.24 per share. Investors were encouraged by strong core performance, with a 13% increase in earned premiums and a 9% growth in its core commercial lines segment. In comparison, rival Loews Corporation (L) has lagged behind CINF stock over the past 52 weeks, gaining 15.9%. However, Loews stock has risen 4.3% on a YTD basis, outpacing CINF's performance. Despite the stock's strong performance over the past year, analysts remain cautiously optimistic on CINF. The stock has a consensus rating of 'Moderate Buy' from nine analysts in coverage, and as of writing, CINF is trading below the mean price target of $152.83. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
2 days ago
- Business
- Yahoo
Is Synchrony Financial Stock Outperforming the Nasdaq?
Stamford, Connecticut-based Synchrony Financial (SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally-enabled product suites. Valued at $22.9 billion by market cap, the company provides a range of credit products such as credit cards, commercial credit products, and consumer installment loans through programs established with a diverse group of national and regional retailers, local merchants, manufacturers, and more. Companies worth $10 billion or more are generally described as 'large-cap stocks,' and SYF perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the credit services industry. SYF's market leadership is fueled by its vast partner network, comprising national retailers, local merchants, and healthcare providers, paired with a robust digital platform. This digital focus aligns with consumer trends and enhances customer engagement. 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer OpenAI CEO Sam Altman Says 'We Are Heading Towards a World Where AI Will Just Have Unbelievable Context on Your Life' Archer Aviation Is Betting Big on Its Fledgling Defense Business. Does That Make ACHR Stock a Buy Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Despite its notable strength, SYF shares have slipped 13.4% from their 52-week high of $70.93, achieved on Jan. 23. Over the past three months, SYF stock has gained 15.8%, outperforming the Nasdaq Composite's ($NASX) 11.7% gains during the same time frame. In the longer term, shares of SYF dipped 5.5% on a YTD basis, underperforming NASX's YTD gains of 1.2%. However, the stock climbed 40.8% over the past 52 weeks, outperforming NASX's 9.4% returns over the last year. To confirm the bullish trend, SYF has been trading above its 200-day moving average since mid-May, with slight fluctuations. The stock is trading above its 50-day moving average since early May. SYF is experiencing strong performance driven by interest on credit card balances and consumer loans. The Fed pausing rate cuts is expected to increase loan yields, boosting net interest income. In addition, strategic acquisitions and partnerships are driving digital transformation and product diversification, with rapid expansion of the CareCredit platform in healthcare and collaborations in the pet care market, showing strong growth potential. Moreover, partnerships with industry leaders like PayPal Holdings, Inc. (PYPL), Venmo, and Mastercard Incorporated (MA) have improved the customer payment experience. On Apr. 22, SYF shares closed up more than 2% after reporting its Q1 results. Its EPS of$1.89 exceeded Wall Street expectations of $1.63. The company's net interest income was $4.5 billion, falling short of Wall Street forecasts of $4.6 billion. In the competitive arena of credit services, American Express Company (AXP) has taken the lead over SYF, showing resilience with a marginal downtick on a YTD basis but lagged behind the stock with 29.3% gains over the past 52 weeks. Wall Street analysts are moderately bullish on SYF's prospects. The stock has a consensus 'Moderate Buy' rating from the 23 analysts covering it, and the mean price target of $64.59 suggests a potential upside of 5.1% from current price levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Is Brown-Forman Stock Underperforming the Nasdaq?
With a market cap of $12.2 billion, Brown-Forman Corporation (BF.B) is a leading global producer and marketer of premium alcoholic beverages. Its diverse portfolio includes iconic brands such as Jack Daniel's, Woodford Reserve, Herradura, and el Jimador, spanning whiskey, tequila, vodka, gin, and ready-to-drink cocktails. Companies worth more than $10 billion are generally labeled as 'large-cap' stocks and Brown-Forman fits this criterion perfectly. Operating in over 30 countries, the company distributes its products through a combination of direct and partner channels, serving both retail customers and consumers worldwide. Trump Is Giving Tesla's Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now? Dear Nvidia Stock Fans, Mark Your Calendars for July 16 The Trump Family Is Betting Big on Mobile Phones. Should Apple Stock Investors Be Worried? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Despite this, shares of the Louisville, Kentucky-based company have declined 48.3% from its 52-week high of $49.89. BF.B stock has decreased 27.8% over the past three months, underperforming the Nasdaq Composite's ($NASX) 9.6% rise over the same time frame. In the longer term, BF.B stock is down over 32% on a YTD basis, lagging behind NASX's 1.1% gain. Moreover, shares of Brown-Forman have declined 41.6% over the past 52 weeks, compared to NASX's 9.3% return over the same time frame. The stock has been trading below its 200-day moving average since last year. Shares of Brown-Forman tumbled 17.9% on Jun. 5 after the company forecasted a low single-digit decline in both organic net sales and operating income for fiscal 2026. The company reported disappointing Q4 2025 results, with sales dropping 7% to $894 million and earnings per share of $0.31, missing expectations. Additional investor concerns were fueled by soft consumer spending, tariff risks, and Brown-Forman's warning of a challenging year ahead. In contrast, rival MGP Ingredients, Inc. (MGPI) has experienced a sharper decline over the past 52 weeks, with its stock dropping 60.2%, compared to the performance of Brown-Forman. However, on a YTD basis, MGPI's stock has fallen 24.3%, a less severe decline than that of Brown-Forman's shares. Due to the stock's underperformance, analysts remain cautious on Brown-Forman. The stock has a consensus rating of 'Hold' from 17 analysts in coverage, and as of writing, BF.B is trading below the mean price target of $33.26. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Automotive
- Yahoo
Is Aptiv Stock Underperforming the Nasdaq?
Aptiv PLC (APTV) is a global technology company based in Schaffhausen, Switzerland, with a market capitalization of $15.1 billion. It designs and manufactures advanced electrical, electronic, and safety solutions for the automotive and commercial vehicle industries. Companies worth more than $10 billion are generally labeled as 'large-cap' stocks and Aptiv fits this criterion perfectly. Its expertise in advanced automotive technologies, especially in vehicle electrical architecture, connectivity, and autonomous driving, cements its position as a dominant player in the industry. Dear Tesla Stock Fans, Mark Your Calendars for June 22 Trump Is Giving Tesla's Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now? Nvidia Says Quantum Computing Is Nearing an 'Inflection Point.' Here Are the 3 Best Stocks to Buy Now to Profit. Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! APTV has retreated 16.5% from its 52-week high of $80.95 met on Aug. 1, 2024. Shares of the company have gained 7.9% over the past three months, underperforming the broader Nasdaq Composite's ($NASX) 9.6% rise over the same time frame. Aptiv stock is up 11.8% on a YTD basis, outpacing $NASX's 1.9% rise. However, shares of APTV have dipped 4.7% over the past 52 weeks, lagging behind $NASX's 9.3% return over the same time frame. APTV has been trading above its 50-day and 200-day moving averages since early May, indicating an uptrend. On June 4, Guggenheim Securities downgraded Aptiv from 'Buy' to 'Neutral', citing a more cautious outlook on the stock's upside potential. Following the downgrade, APTV shares fell over 1%, underperforming the broader market. On the bright side, APTV has outperformed its rival, Genuine Parts Company (GPC), which has dropped 14.7% over the past 52 weeks and has returned 2.2% on a YTD basis. The stock has an overall consensus rating of 'Moderate Buy' from 22 analysts covering the stock. Its mean price target of $76 implies an upswing potential of 12.4% from the prevailing market prices. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
01-04-2025
- Automotive
- Globe and Mail
Ford Stock Has a Fatter Dividend Yield Than GM, But Is It a Better Buy?
Both the S&P 500 Index ($SPX) and the Nasdaq Composite ($NASX) fell to six-month lows on the last trading day of March. While markets recovered from the lows, the S&P 500 Index fell 5.8% for March, making it the worst monthly performance since December 2022. Markets have been jittery about President Donald Trump's trade policy. Trump has already announced 25% tariffs on auto imports, and is set to announce reciprocal tariffs on April 2. Tariff uncertainty is worsening the already subdued macro environment, with many economists raising their odds of a recession. U.S. Auto Stocks Have Been Hammered by Tariffs While almost all market sectors are impacted by tariff uncertainty and recession fears, the automotive sector has particularly been in the line of fire. Both Ford (F) and General Motors (GM) capitalized on the North American Free Trade Agreement (NAFTA) and its successor, the United States-Mexico-Canada Agreement (USMCA), to build an integrated supply chain across the northern and southern borders. The North American automotive industry is highly integrated and some parts can cross borders multiple times before a vehicle is finished and assembled. No wonder then that automakers have been cautioning against tariffs, with Ford CEO Jim Farley terming them as 'devastating.' Here it's worth noting that GM is more exposed to the tariffs compared to Ford – especially when it comes to Mexico. Ford Has a Dividend Yield of 6% There is a stark contrast in capital allocation policies between Ford and GM. The 'Blue Oval' has preferred dividends over buybacks and currently has a yield of almost 6%, which is almost five times that of GM. Ford intends to return between 40%-50% of annual free cash flows to shareholders, and the company has been paying special dividends to help reach its distribution targets. This year, Ford paid a supplemental dividend of $0.15 to mark the company's third consecutive special dividend, after dishing out $0.18 last year. Ford paid a special dividend of $0.65 in 2023, which it attributed to the return on its investment in electric vehicle startup Rivian (RIVN). GM, on the other hand, has gone overboard with share buybacks. It announced another $2 billion buyback in February, which was the third authorization within 2 years. Previously, GM announced a mega $10 billion buyback plan in 2023, which it topped up by another $6 billion authorization in June 2024. Meanwhile, as I noted in a previous article, the likelihood of Ford paying a supplemental dividend in 2026 looks low, and even the current dividend might be at risk. The tariffs might end up eating into Ford's earnings and cash flows, which would leave the company with a lesser pool to distribute to shareholders. Ford Trades at a Higher Multiple Than GM Ford trades at a forward price-to-earnings (P/E) multiple of 7.4x, which is higher than GM. The latter has brought down its outstanding share count below 1 billion, which has helped lift its per-share earnings. GM has fared well on execution also, including in the electric vehicle (EV) segment, where its U.S. market share doubled last year. Importantly, the business generated a variable profit in the final quarter of the year, and GM expects the segment's profitability to improve by around $2 billion in 2025. Ford, conversely, expects the pre-tax losses of its EV segment to be between $5-$5.5 billion, which is not different from 2024. The Jim Farley-led company also continues to grapple with recuring issues related to warranty costs, which take a toll on its earnings. Brokerages prefer GM over Ford; the former is rated as a 'Buy' or higher by half of the analysts covering the stock, while the corresponding number for Ford is just over 17%. The pessimism also reflects in their target prices, where the average sell-side analyst projects Ford's stock price to fall modestly over the next 12 months, while forecasting GM to rise by almost 27%. Should You Buy Ford Stock? The tariffs have added an additional layer of uncertainty for the U.S. automotive industry at a time when industry-wide pricing is already expected to deteriorate in 2025. Apart from the auto tariffs, Ford and GM will also need to grapple with steel and aluminum tariffs, which will end up increasing their input costs. Overall, there remains a lot of uncertainty over the tariffs, including their longevity, despite Trump describing them as 'permanent.' Given the current scenario, I don't find Ford stock too attractive and would be on the sidelines for now. However, given its better execution and lower valuations, I would use any further weakness in GM to add more shares.
