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Yahoo
9 hours ago
- Business
- Yahoo
Is BXP Stock Underperforming the Dow?
Valued at a market cap of $10.6 billion, BXP, Inc. (BXP) is a fully integrated REIT that develops, owns, and manages premier office and mixed-use properties in the U.S. The Boston, Massachusetts-based company focuses on six major gateway markets, including Boston, New York, San Francisco, Los Angeles, Seattle, and Washington, D.C. Companies worth $10 billion or more are typically classified as 'large-cap stocks,' and BXP fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the REIT - office industry. The company benefits from long lease terms with blue-chip tenants, ensuring stable cash flows and occupancy rates. It also stands out for its leadership in sustainability and innovation, targeting carbon-neutral operations by 2025 and consistently achieving high energy efficiency certifications across its portfolio. Tesla's Robotaxis Reportedly Sped and Veered Into the Wrong Lanes. Does This Crush the Bull Case for TSLA Stock? 1 Dividend Stock to Buy Yielding Over 7% Up 93% in 2025, Palantir Stock Is Too Hot to Handle Here Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. This office REIT has slipped 26% from its 52-week high of $90.11, reached on Oct. 18, 2024. Shares of BXP have declined 2.3% over the past three months, lagging behind the Dow Jones Industrial Average's ($DOWI) marginal return during the same time frame. In the longer term, BXP has gained 10.3% over the past 52 weeks, underperforming DOWI's 9.9% rise over the same time frame. Moreover, on a YTD basis, shares of BXP are down 9.4%, compared to DOWI's 1% gain. To confirm its bearish trend, BXP has been trading below its 200-day moving average since mid-February, and has again recently started trading below its 50-day moving average. On Apr. 29, BXP released its mixed Q1 results, and its shares plunged 2.1% in the following trading session. On the upside, the company's revenue grew 3.1% year-over-year to $865.2 million and surpassed the consensus estimates by a notable 9.4%. However, its FFO per share of $1.64 declined 5.2% from the year-ago quarter and fell short of the analyst estimates by a penny. The earnings miss might have dampened investor confidence. Looking ahead to fiscal 2025, BXP expects FFO in the range of $6.80 to $6.92 per share. BXP has outpaced its rival, SL Green Realty Corp.'s (SLG) 5% gain over the past 52 weeks and 13.9% decline on a YTD basis. Despite BXP's recent underperformance, analysts remain moderately optimistic about its prospects. The stock has a consensus rating of "Moderate Buy' from the 21 analysts covering it, and the mean price target of $75.78 suggests a 13.7% premium to its current price levels. On the date of publication, Neharika Jain 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
9 hours ago
- Business
- Yahoo
Is Texas Pacific Land Stock Underperforming the Nasdaq?
Dallas, Texas-based Texas Pacific Land Corporation (TPL) is one of the largest private landowners in Texas, operating in the land and resource management and water services businesses. Valued at a market cap of $23.8 billion, the company generates revenue primarily from oil and gas royalties, as well as easements, commercial leases, material sales, and a rapidly growing water services division that supports fracking operations through water sourcing, treatment, and disposal solutions. Companies valued at $10 billion or more are typically classified as 'large-cap stocks,' and TPL fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the oil & gas E&P industry. The company's key strength lies in its unique asset-light business model, where it earns high-margin revenue from oil and gas royalties, without engaging in any drilling or production itself. Its fixed royalty interests ensure upside exposure to oil and gas activity while minimizing capital risk. Nat-Gas Prices Pressured by the Outlook for Cooler US Temps Crude Prices Settle Higher as Weekly EIA Inventories Tumble Crude Prices Gain as Weekly EIA Inventories Fall and Gasoline Demand Soars Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! This oil and gas company has slipped 41.4% from its 52-week high of $1,769.14, reached on Nov. 25, 2024. Shares of TPL have declined 23.9% over the past three months, considerably lagging behind the Nasdaq Composite's ($NASX) 9.3% return during the same time frame. Moreover, on a YTD basis, shares of TPL are down 6.3%, underperforming NASX's 3.4% uptick. Nonetheless, in the longer term, TPL has rallied 38.1% over the past 52 weeks, outpacing NASX's 12.7% rise over the same time frame. To confirm its recent bearish trend, TPL has been trading below its 50-day and 200-day moving averages since late May. On May 7, TPL released its Q1 results, and its shares plunged 4.2% in the following trading session. Driven by strong growth in oil and gas royalties, and an increase in water sales and produced water royalties, the company's overall revenue improved 12.5% year-over-year to $196 million. Moreover, its adjusted EBITDA advanced 11.4% from the year-ago quarter to $169.4 million, while its net income per share of $5.24, grew 5.4% from the same period last year. TPL has considerably outperformed its rival, APA Corporation (APA), which declined 37.6% over the past 52 weeks and 22.6% on a YTD basis. On the date of publication, Neharika Jain 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
a day ago
- Business
- Yahoo
Is Huntington Ingalls Stock Outperforming the Dow?
Valued at a market cap of $9.1 billion, Huntington Ingalls Industries, Inc. (HII) is a leading military shipbuilder and a provider of advanced defense technologies. The Newport News, Virginia-based company delivers nuclear-powered aircraft carriers, submarines, amphibious assault ships, destroyers, national security cutters, and innovative C5ISR and autonomous systems. Companies valued at $2 billion or more are typically classified as 'mid-cap stocks,' and HII fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the aerospace & defense industry. The company distinguishes itself as one of the largest military shipbuilders in the U.S. and the sole producer of U.S. Navy nuclear-powered aircraft carriers. Its deep expertise, skilled workforce, and multi-decade contracts provide long-term revenue visibility and national security alignment. Super Micro Computer Just Struck a Deal with Ericsson. Should You Buy SMCI Stock Here? CEO Jensen Huang Just Sold Nvidia Stock. Should You? Broadcom Just Got a New Street-High Price Target. Should You Buy AVGO Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! This military shipbuilder is currently trading 19% below its 52-week high of $285.81, reached on Aug. 1, 2024. HII has soared 12.5% over the past three months, outpacing the Dow Jones Industrial Average's ($DOWI) 1.2% rise during the same time frame. Moreover, on a YTD basis, shares of HII are up 22.6%, outperforming DOWI's 1.3% return. However, in the longer term, HII has declined 7.8% over the past 52 weeks, lagging behind DOWI's 9.3% uptick over the same time frame. To confirm its bullish trend, HII has been trading above its 200-day moving average since late April, and has remained above its 50-day moving average since early March, with minor fluctuations. HII's shares plunged 1.2% on May 1 following its mixed Q1 earnings release. Weaker performance across all three of its reportable segments led to a 2.5% year-over-year decline in the company's total sales and service revenue to $2.7 billion. This top-line figure fell short of the consensus estimates by 2.2%. However, on a positive note, while its EPS of $3.79 fell 2.1% from the same period last year, it topped the forecasted figure by a notable margin of 30.7%. The strong bottom-line outperformance was supported by higher segment operating income, aided by successful cost-saving initiatives. HII has lagged behind its rival, General Dynamics Corporation's (GD) 5.9% drop over the past 52 weeks. However, it has outpaced GD's 6.7% uptick on a YTD basis. Despite HII's recent outperformance, analysts remain cautious about its prospects. The stock has a consensus rating of "Hold' from the 10 analysts covering it, and the mean price target of $240.36 suggests a 3.8% premium to its current price levels. On the date of publication, Neharika Jain 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
