Shares of Chipotle Mexican Grill (CMG) fell 1.2% in after-hours market action after the troubled restaurant chain posted disappointing second-quarter financial results.
The Street did not have grand expectations for the quarter. Chipotle is struggling to recover from last years string of E. coli and salmonella outbreaks. Six months have passed since the last reported food safety incident, and according to a recent Morgan Stanley survey, approximately 25% of the chains customers have stopped going or reduced the frequency of their visits.
At 87 cents per share, earnings missed consensus estimates by three cents, while revenue fell 16.6% from last year to $998.4 million, according to data from Briefing.com. The Street had expected the company to earn 90 cents a share on revenue of $1.04 billion.
10 Best Industrial Disributor Stocks To Invest In Right Now: SanDisk Corporation(SNDK)
Sandisk Corporation designs, develops, and manufactures NAND flash memory storage solutions that are used in various consumer electronics products. The company offers removable cards under the SanDisk Ultra, SanDisk Extreme, and SanDisk Extreme PRO brands; embedded products under the iNAND brand; universal serial bus (USB) flash drives under the Cruzer brand; digital media players under the Sansa brand; solid state drives under the Lightning brand; and wafers and memory components. Its removable card products are used in a range of consumer electronics devices, including mobile phones, digital cameras, gaming devices, and laptop computers; and embedded flash products are used in mobile phones, tablets, ultrabooks, eReaders, global positioning system devices, gaming systems, imaging devices, and computing platforms. The company also provides high-capacity storage solutions, such as solid-state drives that are used in lieu of hard disk drives. It offers its products to the m obile phone, consumer electronics, and computing end markets through original equipment manufacturers, distributors, and retail sales channels in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and Japan. The company was formerly known as SunDisk Corporation and changed its name to SanDisk Corporation in August 1995. SanDisk Corporation was founded in 1988 and is headquartered in Milpitas, California.
- [By Michael Flannelly]
Early on Friday, analysts at RBC Capital boosted the near-term estimates on SanDisk Corporation (SNDK), a manufacturer of data storage products, because a fire at SK Hynix’s factory should lead to favorable pricing over the next two quarters.
“We see a favorable pricing environment as a result of SK Hynix’s fire, which threatens to curtail NAND output as the company likely re-purposes production back toward DRAM, resulting in lower than expected incremental NAND wafers vs. company’s plan of 170K/WPM,” RBC Capital analyst Freedman said. “Consequently, we see stronger pricing through EoY before SK Hynix ramps NAND toward normalized prod’t levels as DRAM resources are restored/replaced.”
The analysts maintain an “Outperform” rating on SDNK and still see shares reaching $76. This price target suggests a 26% upside to the stock’s Thursday closing price of $60.08. Furthermore, they boosted SanDisk’s 2013 EPS estimates from $4.82 to $4.95.
SanDisk shares were up a fraction during pre-market trading on Friday. The stock is up 38.11% year-to-date.
10 Best Industrial Disributor Stocks To Invest In Right Now: The Charles Schwab Corporation(SCHW)
The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, money management, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. It offers brokerage products, such as brokerage accounts; individual retirement accounts; retirement plans for small to large businesses; 529 college savings accounts; designated brokerage accounts; equity incentive plan accounts; and margin loans, as well as access to fixed income securities, equity and debt offerings, options, and futures. The company also provides no-load, proprietary, and other third-party mutual funds, as well as mutual fund trading and clearing services to broker-dealers; and third-party and proprietary exchange-traded funds. In addition, it offers advice solutions, including separately managed accounts, customized personal advice for tailored portfolios, an d specialized planning and full-time portfolio management; and trust custody services, personal trust reporting services, and administrative trustee services. Further, the company provides banking products, such as checking accounts linked to brokerage accounts, savings accounts, certificates of deposit, demand deposit accounts, first lien residential real estate mortgage loans, home equity loans and lines of credit, and personal loans and entity lending collateralized by securities. It serves individuals and institutional clients in the United States, the Commonwealth of Puerto Rico, London, and Hong Kong. The Charles Schwab Corporation was founded in 1971 and is headquartered in San Francisco, California.
- [By Javier Hasse]
The other big earnings call of the day was that of Charles Schwab Corp (NYSE: SCHW), which delivered in-line first quarter EPS of $0.29, on revenue of $1.76 billion, which beat estimates by $10 million.
5 Best Specialty Retail Stocks For 2016: Smith & Nephew SNATS, Inc.(SNN)
Smith & Nephew plc develops, manufactures, markets, and sells medical technology products and services worldwide. The company offers sports medicine joint repair products for surgeons, including an array of instruments, technologies, and implants necessary to perform minimally invasive surgery of the joints; and arthroscopy enabling technologies for healthcare providers, such as fluid management equipment for surgical access, high definition cameras, digital image capture, scopes, light sources, and monitors to assist with visualization inside the joints, radio frequency wands, electromechanical and mechanical blades, and hand instruments for removing damaged tissue. It also provides trauma and extremities products consisting of internal and external devices used in the stabilization of severe fractures and deformity correction procedures; gynecological instrumentation devices; knee implant products for specialized knee replac ement procedures; and hip implant products for reconstruction of the hip joint, as well as various products and technologies to assist in surgical treatment of the ear, nose, and throat. In addition, the company offers advanced wound care products for the treatment of acute and chronic wounds, including leg, diabetic and pressure ulcers, burns, and post-operative wounds; advanced wound devices, including traditional and single-use negative pressure wound therapy and hydrosurgery systems; and biologics and other bioactive technology products for debridement and dermal repair/regeneration. The company primarily serves the providers of medical and surgical treatments and services. Smith & Nephew plc was founded in 1856 and is headquartered in London, the United Kingdom.
- [By Charles Carlson, CEO and Portfolio Manager, Horizon Investment Services]
For investors looking for growth but also income, I especially like three health-care related stocksFresenius Medical (FMS), Novo Nordisk (NVO), and Smith & Nephew (SNN).
10 Best Industrial Disributor Stocks To Invest In Right Now: Becton, Dickinson and Company(BDX)
Becton, Dickinson and Company develops, manufactures, and sells medical devices, instrument systems, and reagents worldwide. The companys BD Medical segment offers syringes and pen needles for diabetes; needles, syringes, and intravenous catheters for medication delivery; prefilled IV flush syringes; regional anesthesia needles and trays; sharps disposal containers; closed-system transfer devices; skin antiseptic products; surgical and laproscopic instrumentations; generic prefilled injectables; intravenous medication safety and infusion therapy delivery, and automated medication dispensing and supply management systems; prefillable drug delivery systems; respiratory ventilation, and diagnostics equipment and consumables; and consumables for patient monitoring and anesthesia delivery. Its Life Sciences segment provides integrated systems for specimen collection; safety-engineered blood collection, automated blood culturing a nd tuberculosis culturing, and microorganism identification and drug susceptibility systems; molecular testing systems for infectious diseases and womens health; liquid-based cytology systems for cervical cancer screening; rapid diagnostic assays; microbiology laboratory automation, and plated media products; fluorescence-activated cell sorters and analyzers; monoclonal antibodies and kits for performing cell analysis; reagent systems for life science research; molecular indexing and next-generation sequencing sample preparation for genomics research; clinical oncology, immunological, and transplantation diagnostic/monitoring reagents and analyzers; and cell culture media supplements for biopharmaceutical manufacturing. The company markets its products through independent distribution channels and sales representatives to healthcare institutions, life science researchers, clinical laboratories, pharmaceutical industry, and general public. Becton, Dickinson and Company was founded in 1897 and is headquartered in Franklin Lakes, New ! Jersey.
- [By Ben Levisohn]
Becton Dickinson (BDX) has gained 1.2% to $101.97 this morning afterPiper Jaffrayraised the stock to Overweight from Neutral. AnalystsWilliam Quirk andDavid Clairexplain why they’re optimistic about the medical technology company:
Observations from multiple diagnostic conferences all suggest significant interest inmicrobiology investment. This interest spans track systems (Kiestra), new identificationtechnologies (Maldi/BioTyper) and Molecular (gram +/- assays). When consideringAST (antimicrobial susceptibility testing) recall from Siemens, we believe BD’smicrobiology business is poised to accelerate its performance over the next several years.Combined with a delayed JNJ/Ypsomed pen needle launch and incremental Europeansafety adoption, we believe numbers for BD will continue to climb…
They also raised their price target to $117 from $91.
While Becton has gained today,Johnson & Johnson(JNJ) has dropped 0.6% to $88.50,Medtronic(MDT) has fallen 1%to $53.43,Boston Scientific(BSX) has declined 0.9% to $11.79 and Edwards Lifesciences (EW) is off 1.2% at $70.90.
10 Best Industrial Disributor Stocks To Invest In Right Now: S&P Smallcap 600(PH)
Parker Hannifin Corporation manufactures fluid power systems, electromechanical controls, and related components worldwide. Its Industrial segment offers pneumatic and electromechanical components, and systems; filters, systems, and instruments to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors that control, transmit, and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; critical flow components for process instrumentation, healthcare, and ultra-high-purity applications; and static and dynamic sealing devices. This segment sells its products to original equipment manufacturers (OEMs) and their replacement markets in the manufacturing, transportation, and processing industries. The company?s Aerospace segment provides flight control systems and components, including hydraulic, electrohydraulic, electric backup hydraulic, electrohydrostatic, and electro -mechanical components for precise control of aircraft rudders, elevators, ailerons, and other aerodynamic control surfaces. It also provides electronics thermal management heat rejection systems, and single-phase and two-phase heat collection systems for radar, ISAR, and power electronics. This segment markets its products primarily to OEMs in the commercial, military, and general aviation markets, as well as to end users. Its Climate and Industrial Controls segment offers systems and components primarily for use in the mobile and stationary refrigeration, and air conditioning industry; and in fluid control applications in various industries, such as processing, fuel dispensing, beverage dispensing, and mobile emissions. This segment serves OEMs and their replacement markets. Parker-Hannifin Corporation markets its products through direct-sales employees, independent distributors, wholesalers, and sales representatives. The company was founded in 1918 and is headquartered i n Cleveland, Ohio.
- [By Charles Mizrahi, President and CEO, Hampton Investors, Inc.]
Parker Hannifin (PH) generates strong revenue from its aerospace division, while its primary industrial segment is lagging.
Overall, we like the company’s balanced portfolio. PH had solid order rates this past year with backlog of $3.6 billion between its industrial and aerospace segments.
10 Best Industrial Disributor Stocks To Invest In Right Now: American Assets Trust, Inc.(AAT)
American Assets Trust, Inc., incorporated on July 16, 2010, is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires and develops retail, office, multifamily and mixed-use properties in high-barrier-to-entry markets in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The Company operates through four segments: retail, office, multifamily and mixed-use. The Company’s portfolio consists of approximately 10 retail shopping centers; over seven office properties; a mixed-use property consisting of approximately 370-room all-suite hotel and a retail shopping center, and approximately five multifamily properties. The Company owns land at over five of its properties that it classifies as held for development and construction in progress. The Company’s markets include San Diego; the San Francisco Bay Area; Portland, Oregon; Bellevue, Washington, and Oahu, Hawaii.
The Company’s retail segment includes rental of retail space and other tenant services, including tenant reimbursements, parking and storage space rental. The Company’s retail properties include Carmel Country Plaza, Del Monte Center, Carmel Mountain Plaza, Geary Marketplace, South Bay Marketplace, The Shops at Kalakaua, Waikele Center, Lomas Santa Fe Plaza, Alamo Quarry Market and Solana Beach Towne Centre.
The Company’s office segment products include rental of office space and other tenant services, including tenant reimbursements, parking and storage space rental. The Company’s office properties include Torrey Reserve Campus, Lloyd District Portfolio, Solana Beach Corporate Centre, City Center Bellevue, The Landmark at One Market, One Beach Street and First & Main.
The Company’s multifamily segment products include rental of apartments and other tenant services. The Company’s m ultifamily properties include Loma Palisades, Imperial Beach! Gardens, Mariner’s Point, Santa Fe Park RV Resort and Hassalo on Eighth. The multifamily portfolio includes over four apartment properties, as well as an RV resort with a total of over 1,580 units (including approximately 120 RV spaces), which are available for lease. Approximately 73.4% of these properties are leased.
The Company’s mixed-use segment products include rental of retail space and other tenant services, including tenant reimbursements parking and storage space rental and operation of approximately 370-room all-suite hotel. The Company’s mixed-use property includes Waikiki Beach Walk Retail and Embassy Suites Hotel. The mixed-use property consists of approximately 97,000 rentable square feet of retail space. The retail portion of the property is approximately 100% leased.
- [By Markus Aarnio]
Owens Realty Mortgage’s competitors include American Assets Trust (AAT), Alexandria Real Estate Equities (ARE) and Boston Properties (BXP). American Assets Trust has seen five insider buy transactions and four insider sell transactions this year. American Assets Trust has a dividend yield of 2.78%. Alexandria Real Estate Equities has seen 14 insider sell transactions this year. Alexandria Real Estate Equities has a dividend yield of 4.10%. Boston Properties has seen one insider buy transaction and four insider sell transactions this year. Boston Properties has a dividend yield of 2.43%.
10 Best Industrial Disributor Stocks To Invest In Right Now: Pan American Silver Corp.(PAAS)
Pan American Silver Corp. engages in the exploration, development, extraction, processing, production, refining, reclamation, and operation of silver properties. The company also produces and sells gold, zinc, lead, and copper. As of April 27, 2011, it had seven silver mining operations in Mexico, Peru, Argentina, and Bolivia. The company was founded in 1979 and is headquartered in Vancouver, Canada.
- [By Javier Hasse]
Other stocks moving in Friday’s after-hours session included:
A. O. Smith Corp (NYSE: AOS), down 2.5 percent Pan American Silver Corp. (USA) (NASDAQ: PAAS), down 2.1 percent Stamps.com Inc. (NASDAQ: STMP), up 1.87 percent
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
10 Best Industrial Disributor Stocks To Invest In Right Now: Alon USA Partners, LP(ALDW)
Alon USA Partners, LP refines and markets petroleum products in the United States. The company owns and operates a crude oil refinery in Big Spring, Texas with crude oil throughput capacity of 73,000 barrels per day. It refines oil into petroleum products, including gasoline, diesel, jet fuel, petrochemicals, petrochemical feed stocks, asphalts, and other petroleum products. The company sells its products through its wholesale distribution network to retail convenience stores and other third-party distributors primarily in Central and West Texas, Oklahoma, New Mexico, and Arizona. Alon USA Partners GP, LLC serves as a general partner of the company. The company was founded in 2012 and is based in Dallas, Texas. Alon USA Partners, LP is a subsidiary of Alon USA Energy, Inc.
- [By Tom Dorsey]
Over a several day period, I submitted questions and Mr. Eisman, President, Chief Executive Officer and Director of Alon USA Energy Inc. (ALJ) and the parent company of Alon USA Partners LP Inc. (ALDW) responded. He provided some key insights to some challenges the company faces, where the company is going, and the opportunities available in the future. This insight should provide investors with additional information to understand the value of the company and the opportunity as an investor in the company.
10 Best Industrial Disributor Stocks To Invest In Right Now: Zynga Inc.(ZNGA)
Zynga Inc., incorporate on October 26, 2007, is a provider of social game services. The Company develops, markets and operates social games as live services played on mobile platforms, such as iPhone Operating System (iOS) and Android and social networking sites, such as Facebook. The Company operates through developing and monetizing social games segment. The Company has developed various social games, including games in its Slots, Words With Friends, Zynga Poker and FarmVille franchises. The Company also launched various games on mobile and Web, including Words on Tour and FarmVille: Harvest Swap in the Casual category; Black Diamond Casino and Princess Bride Slots in the Social Casino category; Empires & Allies in the Action Strategy category, and Mountain Goat Mountain.
The Company designs its social games to provide players with shared experiences that surprise and delight them. Its games are free to play, span a number of categories and attract a communi ty of players that is demographically and geographically diverse. The Company operates its games as live services and update them with content and features to make them social, develop player engagement and monetization. The Company analyzes the data generated by its players’ game play and social interactions to guide the creation of content and features. The Company operates its games as live services that are available anytime and anywhere. It designs its social games to provide players with access to shared experiences.
The Company invests in various game categories, including Social Casino, which includes Zynga Poker and its Slots games, such as Hit it Rich! Slots, Wizard of Oz Slots, Princess Bride Slots and Black Diamond Casino; Casual, which includes Words With Friends , which launched a localized version in over six languages, including Spanish, French, German and Italian. Games in this category provide chances for competition and allow its players to co nnect with friends and family when they start a game; Action! Strategy, which includes Empires & Allies. Games in this category emphasize on thinking and planning to achieve victory against other players. There is also a social focus as players can connect with friends to achieve a common goal, such as the Alliances feature in Empires & Allies, and Invest Express, which includes games, such as FarmVille, FarmVille 2 and FarmVille 2: Country Escape that allows its players to express their personalities by customizing the appearances of their farms.
The Company competes with DeNA Co. Ltd., Electronic Arts Inc., Gameloft SA, GREE International, Inc., Glu Mobile Inc., King.com Inc., Rovio Mobile Ltd., Supercell Inc., GungHo Online Entertainment, Inc., Kabam, The Walt Disney Company, Activision Blizzard, Inc., Riot Games, Valve, Take-Two Interactive, SEGA of America, Inc. and Tencent Holdings Limited.
- [By Maureen Farrell]
Before Facebook’s IPO, Morgan Stanley’s Silicon Valley-based technology investment banking team had won most of the highest profile social media IPOs, including Zynga (ZNGA), Groupon (GRPN), and LinkedIn (LNKD).
10 Best Industrial Disributor Stocks To Invest In Right Now: MKS Instruments, Inc.(MKSI)
MKS Instruments, Inc. provides instruments, subsystems, and process control solutions that measure, control, power, monitor, and analyze critical parameters of manufacturing processes in the United States and internationally. The company operates through four segments: Advanced Manufacturing Capital Equipment, Global Service, Asia Region Sales, and Other. It offers pressure measurement and control products used for various pressure ranges and accuracies; materials delivery products, including gas flow measurement products and vacuum valves; automation and control products, such as automation platforms, programmable automation controllers, temperature controllers, and software solutions for use in automation, I/O and distributed programmable I/O, gateways, and connectivity products; and vacuum products comprising vacuum containment components, effluent management subsystems and custom stainless steel chambers, vessels, and phar maceutical process equipment hardware and housings. The company also provides power delivery and reactive gas generation products that are used in semiconductor and other thin film, as well as medical imaging equipment applications. In addition, it offers gas composition analysis products, such as mass spectrometry- and Fourier transform infra-red based gas composition analysis, and tunable filter spectroscopy products used in the engine development, environmental emissions monitoring, air safety monitoring, and semiconductor industries; information technology products, including software products for analyzing data sets for the pharmaceutical, biotech, and other industries. The company also builds precision machined components and electromechanical assemblies for the analytical instrument, scientific, semiconductor, and medical industries. It serves semiconductor capital equipment manufacturers through direct sales forces, sales representatives, and agents. The company was founded in 1961 and is headquartered in Andover, Massachuset! ts.
- [By Monica Gerson]
MKS Instruments, Inc. (NASDAQ: MKSI) is estimated to post its quarterly earnings at $0.33 per share on revenue of $177.19 million.
Pioneer Natural Resources (NYSE: PXD) is projected to post a quarterly loss at $0.75 per share on revenue of $711.66 million.