...Read More
The Latest from
-
April 30, 2018
Zillow Group, Inc. (ZG:USA)currently trades near historical highs relative to UAFRS-based (Uniform) Earnings, with a 29.6x Uniform P/E. However, even at these levels, the market is pricing in fairly bearish expectations for the firm. Although negative management sentiment suggests near-term upside may be limited, these overly-bearish expectations are likely to support longer-term outperformance should ZG just maintain profitability at current levels...
Read More -
April 30, 2018
Wednesday, May 23, 2018
11:00 am to 12:30 pm PHT
Valens Research Education & Training Center,
Read More
Pasig, Metro Manila... -
April 30, 2018
Tuesday, May 22, 2018
11:00 am to 12:30 pm PHT
Valens Research Education & Training Center,
Read More
Pasig, Metro Manila... -
April 30, 2018
Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals. This week, we focus on Blackbaud, Inc. (BLKB), Stericycle, Inc. (SRCL), TransDigm Group Incorporated (TDG)...
Read More -
April 27, 2018
Yum! Brands, Inc. (YUM:USA)currently trades near historical highs relative to UAFRS-based (Uniform) Earnings, with a 25.8x Uniform P/E, implying fairly bullish expectations for the firm. However, management has concerns about their initiatives, operating profit, and growth...
Read More -
April 27, 2018
This week the Valens Securities team highlights our most interesting equity insight from across our tools and our analysis. The recent sell off for LRCX is an overreaction, considering the company’s strong execution, macro tailwinds, and building management confidence about their outlook...
Read More -
April 26, 2018
Highlighted Top Ideas BZH – Beazer Homes USA, Inc. MNI – The McClatchy Company YRCW – YRC Worldwide Inc. Other Recent Analyses AXL – American Axle & Manufacturing Holdings, Inc. DF – Dean Foods Company...
Read More -
April 25, 2018
Lam Research Corporation (LRCX:USA)currently trades near historical averages relative to UAFRS-based (Uniform) Earnings, but well below corporate averages, with a 9.4x Uniform P/E, implying bearish expectations for the firm. However, management is confident in their product portfolio, WFE demand, and gross margin, implying longer-term outperformance is likely, particularly in light of strong industry momentum and a bullish analyst outlooky...
Read More -
April 25, 2018
Each week the Valens Securities team highlights our most interesting insights from across our tools and our analysis, including individual company industry and macro insights Top Highlight: Linde Aktiengesellschaft (LIN:DEU) Other Highlights: 0941:HKG, AAPL, FDX, TW.:GBR Other Recent Analyses: 2330:TAI, 6501:JPN, CAH, CDK, DNR, GRBK, IBM, INTC, KR, LUV, MU, PFE, PSN:GBR, SPY, STZ, TXT...
Read More -
April 24, 2018
JD.com, Inc. (JD:USA)currently trades above corporate averages relative to UAFRS-based (Uniform) Earnings, with a 36.6x Uniform P/E, implying bullish expectations for the firm. However, management has concerns about their investments, merchants, and profitability...
Read More