Norfolk Southern Corporation (NSC:USA) currently trades above historical averages relative to UAFRS-based (Uniform) Earnings, with a 20.6x Uniform P/E. At these levels, the market has somewhat bullish expectations...
Read MoreThe Latest from
-
December 18, 2019
Highlighted Top: AMD – Advanced Micro Devices, Inc., AN – AutoNation, Inc., RIG – Transocean Ltd....
Read More -
December 17, 2019
Stanley Black & Decker, Inc. (SWK:USA) currently trades near corporate averages relative to UAFRS-based (Uniform) Earnings, with a 21.3x Uniform P/E. At these levels, the market is expecting...
Read More -
December 17, 2019
Each week, the Valens Research team highlights our most interesting insights from across our tools and our analysis, including individual company, industry, and macro insights. Top Highlight: LOW – Lowe’s Companies, Inc. Other Highlights: AKS, FII, SYY...
Read More -
December 16, 2019
General Motors Company (GM:USA) currently trades near corporate averages relative to UAFRS-based (Uniform) Earnings, with a 19.9x Uniform P/E, implying bearish expectations...
Read More -
December 16, 2019
This week the Valens Research team highlights our most interesting equity insight from across our tools and our analysis. Cirrus appears to be making the right calls with strong management alignment, favorable fundamentals...
Read More -
December 16, 2019
– CDS 57bps, Base Case iCDS 47bps
– Negative Case iCDS 98bps, 2024 7.000% Bond YTW of 5.136%, iYTW of 2.076%
– Ba2 Rating from Moody’s, IG3+ (equivalent to A1) Rating from Valens
– Low Refinancing Need...
Read More -
December 13, 2019
Sysco Corporation (SYY:USA) currently trades near historical averages relative to UAFRS-based (Uniform) Earnings, with a 22.7x Uniform P/E. At these levels, the market has bullish expectations...
Read More -
December 12, 2019
Federated Investors, Inc. (FII:USA) currently trades below historical averages relative to UAFRS-based (Uniform) Earnings, with a 12.2x Uniform P/E. At these levels, the market has bearish expectations for...
Read More -
December 12, 2019
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.
Company Specific Highlights & Insights...
Read More -
December 11, 2019
AK Steel Holding Corporation (AKS:USA) currently trades at a material discount relative to UAFRS-based (Uniform) Assets, with a 0.6x Uniform P/B, implying bearish expectations for the firm. However, management is confident about...
Read More -
December 11, 2019
Highlighted Top: MGM – MGM Resorts International, TMUS – T-Mobile US, Inc., WYND – Wyndham Destinations, Inc....
Read More -
December 11, 2019
– CDS 828bps, Base Case iCDS 212bps
– Negative Case iCDS 346bps, 2024 5.875% Bond YTW of 5.468%, iYTW of 3.788%
– B3 Rating from Moody’s, XO (equivalent to Baa3) Rating from Valens
– High Refinancing Need...
Read More