Latest news with #XLP
Yahoo
a day ago
- Business
- Yahoo
McCormick Earnings Preview: What to Expect
With a market cap of $19.2 billion, McCormick & Company, Incorporated (MKC) is a global leader in the manufacture, marketing, and distribution of spices, seasonings, condiments, and flavorful products for both consumers and the food industry. Operating through its Consumer and Flavor Solutions segments, the company serves retail, foodservice, and industrial customers across the Americas, EMEA, and Asia-Pacific regions. Analysts expect the Hunt Valley, Maryland-based company to report adjusted earnings of $0.82 per share in Q3 2025, down 1.2% from $0.83 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts expect the spices and seasonings company to report an adjusted EPS of $3.04, up 3.1% from $2.95 in fiscal 2024. In addition, adjusted EPS is projected to grow 8.9% year-over-year to $3.31 in fiscal 2026. Shares of MKC have decreased 5.2% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 17.1% increase and the Consumer Staples Select Sector SPDR Fund's (XLP) over 3% rise over the same period. McCormick stock jumped 5.3% on Jun. 26 after the company reported Q2 2025 adjusted earnings of $0.69 per share, beating analyst estimates, and posted $1.7 billion in revenue, which met expectations. The Consumer segment outperformed with a 3% revenue increase driven by organic sales growth, while adjusted operating income rose 10% across both business segments, aided by lower SG&A expenses. Investor optimism was also fueled by management reaffirming full-year guidance, projecting 1% - 3% constant-currency revenue growth and a 3% increase in operating income and EPS at the midpoint. Analysts' consensus view on McCormick's stock is moderately optimistic, with a "Moderate Buy" rating overall. Among 14 analysts covering the stock, six recommend "Strong Buy," one suggests "Moderate Buy," six advise "Hold," and one "Strong Sell." As of writing, the stock is trading below the average analyst price target of $85.40. 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
Costco's Q4 2025 Earnings: What to Expect
Issaquah, Washington-based Costco Wholesale Corporation (COST) is a leading membership-based warehouse retailer that sells high volumes of food and general merchandise at discounted prices. Valued at a market capitalization of $414.9 billion, the company offers a wide variety of products, including groceries, household essentials, lifestyle goods, electronics, appliances, and stationery. It is expected to announce its fiscal Q4 earnings for 2025 on Thursday, Sept. 25. Ahead of the event, analysts anticipate this retail company to report a profit of $5.80 per share, up 12.6% from $5.15 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters, while missing on one occasion. In Q3, COST's EPS of $4.28 outpaced the forecasted figure by a slight margin. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Is Lucid Motors Stock a Buy, Sell, or Hold for July 2025? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts tracking the company expect its profit to be $17.97 per share, up 11.6% from $16.11 per share in fiscal 2024. Furthermore, its EPS is expected to grow 10.9% year over year (YoY) to $19.93 in fiscal 2026. COST stock has lagged behind the S&P 500 Index's ($SPX) 17.1% uptick over the past 52 weeks, with its shares up 14.2% over the same time frame. Nonetheless, it has outpaced the Consumer Staples Select Sector SPDR Fund's (XLP) 2.8% gain over the same period. On May 29, Costco Wholesale released impressive Q3 earnings results, and its shares surged 3.1% in the following trading session. Due to strong growth in sales across the U.S., Canada, and other international markets, the company's total revenue improved 8% YoY to $63.2 billion. Moreover, its net income per share of $4.28 advanced 13.2% annually, topping analyst estimates by a slight margin. Wall Street analysts are moderately optimistic about COST stock, with an overall "Moderate Buy" rating. Among 32 analysts covering the stock, 15 recommend a "Strong Buy," four indicate a "Moderate Buy," and 13 advise a 'Hold.' The mean price target for COST is $1,094.18, indicating a 17.2% upside potential. 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 Sign in to access your portfolio
CNBC
22-07-2025
- Business
- CNBC
During earnings season, two ETFs may signal how bullish investors feel about U.S. economy and consumer
Concerns about the consumer are still running high on Wall Street, even after the market's big comeback to a new record from the tariff-triggered downturn of April. While the worst fears about Trump's trade policies and inflation have not come to pass, Goldman Sachs is among Wall Street firms expecting a growth slowdown and a more cautious consumer ahead. As earnings season picks up, one simple market gauge on how bullish or bearish investors are on the consumer can be found in the performance of consumer discretionary and consumer staples ETFs. As Todd Sohn, senior ETF and technical analyst at Strategas Asset Management explained it on a recent CNBC "ETF Edge" podcast, "If discretionary is outperforming, that means auto, retails, homebuilders, are working against toothpaste and toilet paper. Adversely, if the staples are outperforming, that means the market does not like the earnings and would suggest a more defensive tone," said. Into earnings season, consumer discretionary ETFs have outperformed consumer staples. Over the past month, top consumer discretionary ETFs have outperformed consumer staples funds, such as the First Trust Consumer Discretionary AlphaDEX ETF (FXD ) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS ). Looking at the oldest and broadest consumer funds in the ETF space, within the Select Sector SPDR family that tracks all of the major sectors within the S&P 500 on a stand-alone basis, there's been a reversal in performance of late. The Consumer Staples Select Sector SPDR (XLP ) is up 4% this year but only 1% in the past month. The Consumer Discretionary Select Sector SPDR (XLY ), meanwhile, is up over 5% during the past month while trailing staples year-to-date. The recent outperformance of discretionary continued through the first week of earnings season. Some of the top consumer staples ETFs in recent trading, meanwhile, have been narrower in focus, such Invesco's small-cap consumer staples ETF (PSCC ) and the Invesco's equal-weighted S&P 500 consumer staples portfolio (RSPS ) which stands out from the market-weighted XLP.
Yahoo
08-07-2025
- Business
- Yahoo
Should You Invest in the Consumer Staples Select Sector SPDR ETF (XLP)?
Designed to provide broad exposure to the Consumer Staples - Broad segment of the equity market, the Consumer Staples Select Sector SPDR ETF (XLP) is a passively managed exchange traded fund launched on 12/16/1998. Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors. Sector ETFs also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. Consumer Staples - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 14, placing it in bottom 13%. The fund is sponsored by State Street Global Advisors. It has amassed assets over $16.07 billion, making it the largest ETF attempting to match the performance of the Consumer Staples - Broad segment of the equity market. XLP seeks to match the performance of the Consumer Staples Select Sector Index before fees and expenses. The Consumer Staples Select Sector Index seeks to provide an effective representation of the consumer staples sector of the S&P 500 Index. Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same. Annual operating expenses for this ETF are 0.08%, making it the least expensive product in the space. It has a 12-month trailing dividend yield of 2.45%. While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Consumer Staples sector--about 100% of the portfolio. Looking at individual holdings, Costco Wholesale Corp (COST) accounts for about 10.28% of total assets, followed by Walmart Inc (WMT) and Procter + Gamble Co/the (PG). The top 10 holdings account for about 62.25% of total assets under management. The ETF has gained about 5.69% so far this year and is up roughly 8.71% in the last one year (as of 07/08/2025). In that past 52-week period, it has traded between $76.23 and $84.26. The ETF has a beta of 0.56 and standard deviation of 12.51% for the trailing three-year period, making it a medium risk choice in the space. With about 41 holdings, it has more concentrated exposure than peers. Consumer Staples Select Sector SPDR ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, XLP is a good option for those seeking exposure to the Consumer Staples ETFs area of the market. Investors might also want to consider some other ETF options in the space. IShares U.S. Consumer Staples ETF (IYK) tracks Dow Jones U.S. Consumer Goods Index and the Vanguard Consumer Staples ETF (VDC) tracks MSCI US Investable Market Consumer Staples 25/50 Index. IShares U.S. Consumer Staples ETF has $1.46 billion in assets, Vanguard Consumer Staples ETF has $7.68 billion. IYK has an expense ratio of 0.40% and VDC charges 0.09%. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Consumer Staples Select Sector SPDR ETF (XLP): ETF Research Reports Procter & Gamble Company (The) (PG) : Free Stock Analysis Report Walmart Inc. (WMT) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Vanguard Consumer Staples ETF (VDC): ETF Research Reports iShares U.S. Consumer Staples ETF (IYK): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research 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
25-06-2025
- Business
- Yahoo
Molson Coors Stock: Is TAP Underperforming the Consumer Defensive Sector?
With a market cap of $9.7 billion, Molson Coors Beverage Company (TAP) is one of the world's largest and most recognized brewers. The company produces and markets a diverse portfolio of beers, flavored malt beverages, spirits, and hard seltzers under iconic brands like Coors Light, Blue Moon, Miller Lite, and Topo Chico Hard Seltzer. Companies worth less than $10 billion are generally labeled as 'mid-cap' stocks, and Molson Coors fits this criterion perfectly. Molson Coors operates globally across the Americas, Europe, the Middle East, Africa, and the Asia Pacific, with a strong commitment to sustainability, corporate responsibility, and brand excellence. Super Micro Computer Just Struck a Deal with Ericsson. Should You Buy SMCI Stock Here? CEO Jensen Huang Just Sold Nvidia Stock. Should You? Cathie Wood Is Dumping Circle Stock. Should You? 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! Shares of the Golden, Colorado-based company pulled back 25.4% from its 52-week high of $64.66. Shares of Molson Coors have shrank 18.6% over the past three months, underperforming the Consumer Staples Select Sector SPDR Fund's (XLP) 2.4% gain over the same time frame. Longer term, TAP stock is down 15.9% on a YTD basis, lagging behind XLP's 3.5% rise. Moreover, shares of the beer maker have dipped 6.2% over the past 52 weeks, compared to XLP's 4.4% return over the same time frame. The stock has fallen below its 50-day moving average since mid-April and its 200-day moving average since early May. Shares of Molson Coors fell 4.5% on May 8 due to disappointing Q1 2025 results and a lowered annual outlook. The company reported adjusted EPS of $0.50 and adjusted revenue of $2.3 billion, falling short of expectations. It also cut its full-year forecasts, now expecting a low single-digit decline in net sales and only a low single-digit increase in adjusted EPS, down from previous growth expectations. Weaker demand for core brands like Coors and Miller, driven by reduced consumer discretionary spending and tariff-led recession concerns, further pressured investor sentiment. However, rival Constellation Brands, Inc. (STZ) has lagged behind TAP stock. Shares of Constellation Brands have decreased nearly 38% over the past 52 weeks and 25.6% on a YTD basis. Despite the stock's underperformance relative to the sector over the past year, analysts are moderately optimistic about its prospects. The stock has a consensus rating of 'Moderate Buy' from the 21 analysts covering the stock, and as of writing, TAP is trading below the mean price target of $61.61. 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
