Linde Aktiengesellschaft (LIN:DEU)currently trades near historical highs relative to UAFRS-based (Uniform) Assets, with a 1.6x Uniform P/B, suggesting fairly bullish expectations for the firm. However, management has concerns about efficiency, margins, and growth...
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April 18, 2018
Monday, April 23, 2018
11:00 am to 12:30 pm PHT
Valens Research Education & Training Center,
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Pasig, Metro Manila... -
April 18, 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: Masonite International Corporation (DOOR) Other Highlights: LOW, NOC, ROST Other Recent Analyses: AER, AMKR, BAS:DEU, BAYN:DEU, BNS:CAN, CRM, FDX, FOXF, JNJ, NEP, PANW, TSLA, UVV, WBA, XOM...
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April 17, 2018
Pfizer Inc. (PFE:USA)currently trades below corporate averages relative to UAFRS-based (Uniform) Earnings, with a 15.4x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to remain at current 19%-20% levels through 2021, with these muted expectations being driven by competitive headwinds, pricing concerns, and recent developments...
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April 16, 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 PVH Corp. (PVH), Stryker Corporation (SYK), Church & Dwight Co., Inc. (CHD)...
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April 16, 2018
FedEx Corporation (FDX:USA)currently trades near historical highs relative to UAFRS-based (Uniform) Assets, with a 1.6x Uniform P/B, implying bullish expectations for the firm. However, management has concerns about demand, operating profit, and competitive differentiation...
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April 13, 2018
Ross Stores, Inc. (ROST:USA)currently trades near all-time highs relative to UAFRS-based (Uniform) Earnings, with a 22.0x Uniform P/E, implying bullish expectations for the firm. However, management has concerns about costs and guidance...
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April 13, 2018
This week the Valens Securities team highlights our most interesting equity insight from across our tools and our analysis. Market expectations for a negative inflection in returns and growth appears too pessimistic, considering management’s successful pivot and growing confidence...
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April 12, 2018
Highlighted Top Ideas AER – AerCap Holdings N.V. CHK – Chesapeake Energy Corporation NFX – Newfield Exploration Company Other Recent Analyses ENDP – Endo International plc OC – Owens Corning...
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April 12, 2018
Friday, October 19, 2018 and Saturday, October 20, 2018
Friday, October 26, 2018 Saturday, October 27, 2018
9:00 AM to 5:00 PM CST...
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April 12, 2018
Lowe’s Companies, Inc. (LOW:USA)currently trades near historical averages relative to UAFRS-based (Uniform) Earnings, with a 19.9x Uniform P/E. At these levels, the market has bullish expectations for the firm, but management has concerns about their sales, initiatives, and supply chain...
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April 11, 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: Intuit Inc. (INTU) Other Highlights: AAPL, MGM, SYY Other Recent Analyses: 2914:JPN, ADBE, AL, AMT, AN, AVGO, AVP, AXL, CVI, ECL, FIS, KFY, MCK, NSC, PETR4:BRA, TJX, VOW3:DEU, WYN...
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