Target (TGT ) released its latest earnings report this morning, and with rival Walmart (WMT ) reporting last week, investors now have a complete update on the big box retail behemoths. Both companies had mixed results, so now it is time to dig into each report to find the key takeaways and prepare for what is next.
Walmart
Walmart posted a double beat for Q1, with earnings of $1.14 per share and revenue of $122.7 billion. Despite outperforming expectations, the stock is down 4.8% since the report release. This is most likely a result of lowered guidance by the company due to the company investing in Flipkart, an Indian electronic commerce company.
The company reported especially strong international performance. Net sales for Walmex (consolidated results of Mexico and Central America) increased 9.1%, Canada gained 2.6%, China moved 4% higher, and the United Kingdom added 3.4%.
Walmart has been expanding its ecommerce business as well, competing with companies such as Kroger (KR ) and Whole Foods, but slightly cutting into profitability. Net income dropped $0.28 per share due to ecommerce and website investments, discounts, and transportation costs. But the investment seems to be paying off, with a 33% increase in e-commerce business growth.
Top 5 China Stocks To Invest In 2019: Netease.com Inc.(NTES)
Advisors' Opinion:- [By Harsh Chauhan]
Over the years, NetEase (NASDAQ:NTES) has made the most of the opportunities presented by China's mobile and online gaming market, and has also diversified into fast-growing verticals like ecommerce to supercharge its prospects. Not surprisingly, NetEase investors have been a happy lot, as their investment in the Chinese internet specialist has experienced five straight years of double-digit percentage gains.
- [By Dan Caplinger]
Even the best growth stocks have slumps from time to time, and Chinese video game giant NetEase (NASDAQ:NTES) has gone through a particularly tough environment lately. Since last December, the company's shares have lost more than a third of their value, and macroeconomic concerns about the trade relationship between China and the U.S. have weighed on investor sentiment about Chinese stocks more generally.
- [By Steve Symington]
Shares of NetEase Inc. (NASDAQ:NTES) climbed 15.4% in September, according to data from S&P Global Market Intelligence, rebounding from their 52-week low with the help of two notable analyst upgrades.
- [By Harsh Chauhan]
NetEase (NASDAQ:NTES) has lost its wheels in recent quarters. Massive growth of the low-margin e-commerce business, as well as a slowdown in the video gaming business, has eroded the Chinese internet giant's earnings power, and the situation was no different last quarter.
- [By Joe Tenebruso]
NetEase's (NASDAQ:NTES) shares sold off after the Chinese gaming leader delivered second-quarter financial results that disappointed Wall Street. Yet it was a relatively solid quarter, with revenue rising 21.7% in local currency. During NetEase's earnings call, Chief Financial Officer Zhaoxuan Yang highlighted several powerful growth drivers that could help the company's stock rebound in the quarters ahead. Here are the key points long-term shareholders will want to know.
- [By Leo Sun]
For comparison, Tencent (NASDAQOTH:TCEHY) and NetEase (NASDAQ:NTES), the two biggest names in Chinese mobile games, trade at about 9 times and 3 times this year's sales, respectively. Out of the ten highest-grossing Android games in China (according to Newzoo's April numbers), Tencent and its subsidiaries published six of the titles, while NetEase published three. The only game which didn't come from those two publishers was 4399's Dream Journey.
Top 5 China Stocks To Invest In 2019: Baidu Inc.(BIDU)
Advisors' Opinion:- [By Lee Jackson]
China’s leading search engine company, Baidu Inc. (NASDAQ: BIDU), announced a massive share buyback Wednesday. The company said its board approved a plan to buy back up to $1 billion of its shares, with repurchases taking place over the next 12 months.
- [By Motley Fool Staff]
From the Fools' point of view, it's a combination of factors plaguing Alibaba (NYSE:BABA), Baidu (NASDAQ:BIDU) and JD.com (NASDAQ:JD), among others: the trade war, decelerating economic growth in China, and large institutions cashing out of Chinese stocks. But the key question for Foolish investors is this: Is this a buying opportunity, or are further declines coming?
- [By Chris Johnson]
Based on my Best in Breed (BIB) analysis, I am most bullish on Nvidia Corp. (Nasdaq: NVDA), while I consider Baidu Inc. (Nasdaq: BIDU) to be the less attractive of the two.
- [By Danny Vena, Brian Stoffel, and Nicholas Rossolillo]
With that in mind, we asked three Fool.com contributors to identify AI stocks that they believed had the greatest potential, even as the companies overcome challenges. Read on to find out why they chose NVIDIA (NASDAQ:NVDA), Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG), and Baidu (NASDAQ:BIDU).
Top 5 China Stocks To Invest In 2019: Top Image Systems Ltd.(TISA)
Advisors' Opinion:- [By Joseph Griffin]
Get a free copy of the Zacks research report on Top Image Systems (TISA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Top Image Systems (TISA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 China Stocks To Invest In 2019: Sina Corporation(SINA)
Advisors' Opinion:- [By Leo Sun]
Shares of SINA (NASDAQ:SINA) and Weibo (NASDAQ:WB) have both tumbled this year, mainly due to escalating trade tensions between the United States and China. Yet their sell-offs seem overdone, since both tech companies are well insulated from a potential trade war.
- [By Logan Wallace]
Get a free copy of the Zacks research report on SINA (SINA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Leo Sun]
JD.com (NASDAQ:JD) recently partnered with SINA (NASDAQ:SINA), one of China's top portal sites, to pool the two companies' user data and resources together. JD.com will help SINA optimize its algorithms to match its readers with more relevant content -- which could help its portal sites lock in more users.
- [By Lisa Levin] Companies Reporting Before The Bell Anheuser-Busch InBev SA/NV (NYSE: BUD) is estimated to report quarterly earnings at $0.89 per share on revenue of $13.06 billion. SINA Corporation (NASDAQ: SINA) is expected to report quarterly earnings at $0.42 per share on revenue of $433.32 million. Weibo Corporation (NASDAQ: WB) is projected to report quarterly earnings at $0.47 per share on revenue of $342.39 million. Ameren Corporation (NYSE: AEE) is estimated to report quarterly earnings at $0.57 per share on revenue of $1.55 billion. Mylan N.V. (NASDAQ: MYL) is projected to report quarterly earnings at $0.98 per share on revenue of $2.75 billion. Cinemark Holdings, Inc. (NYSE: CNK) is estimated to report quarterly earnings at $1.31 per share on revenue of $1.51 billion. ADT Inc. (NYSE: ADT) is expected to report quarterly earnings at $0.24 per share on revenue of $1.11 billion. Coty Inc. (NYSE: COTY) is projected to report quarterly earnings at $0.13 per share on revenue of $2.18 billion. Pinnacle Entertainment, Inc. (NYSE: PNK) is estimated to report quarterly earnings at $0.31 per share on revenue of $644.94 million. Conduent Incorporated (NYSE: CNDT) is estimated to report quarterly earnings at $0.21 per share on revenue of $1.44 billion. Delphi Technologies PLC (NYSE: DLPH) is projected to report quarterly earnings at $1.16 per share on revenue of $1.25 billion. Office Depot, Inc. (NASDAQ: ODP) is expected to report quarterly earnings at $0.08 per share on revenue of $2.72 billion. Global Partners LP (NYSE: GLP) is estimated to report quarterly earnings at $0.13 per share on revenue of $2.33 billion. Wolverine World Wide, Inc. (NYSE: WWW) is projected to report quarterly earnings at $0.37 per share on revenue of $530.99 million. Performance Food Group Company (NYSE: PFGC) is expected to report quarterly earnings at $0.32 per share on revenue of $4.46 billion. Groupon, Inc. (NASDAQ: GRPN) is projected to report
Top 5 China Stocks To Invest In 2019: ATA Inc.(ATAI)
Advisors' Opinion:- [By Paul Ausick]
ATA Inc. (NASDAQ: ATAI) traded down about 14% Monday to set a new 52-week low of $0.82, based on revalued shares that closed at $0.72 on Friday but traded up about 250% on Monday at $2.53. Volume was more than 200 times the daily average of around 42,000. You’re on your own here to figure this one out.
No comments:
Post a Comment