Industrials

Accenture (NYSE:ACN) Stock Analyst Ratings

/ / Industrials /

Accenture (NYSE:ACN) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/25/2024 7.67% UBS $365 → $400 Maintains Neutral 01/24/2024 7.67% Morgan Stanley $369 → $400 Maintains Overweight 12/20/2023 3.63% BMO Capital $350 → $385 Maintains Market Perform 12/20/2023 -1.75% UBS $333 → $365 Maintains Neutral 12/14/2023 -3.1% Wedbush $330 → $360 Maintains Outperform 11/16/2023 10.36% Redburn Atlantic → $410 Initiates Coverage On → Buy 11/07/2023 -10.37% UBS → $333 Initiates Coverage On → Neutral 09/29/2023 -8.48% RBC Capital → $340 Reiterates Outperform → Outperform 09/29/2023 -5.79% BMO Capital $360 → $350 Maintains Market Perform 09/29/2023 -19.25% TD Cowen $312 → $300 Maintains Market Perform 09/29/2023 -13.33% Baird $332 → $322 Maintains Neutral 09/29/2023 -19.25% Piper Sandler $312 → $300 Maintains Neutral 09/27/2023 -3.1% BMO Capital $355 → $360 Maintains Market Perform 09/26/2023 -11.18% Wedbush → $330 Reiterates Outperform → Outperform 09/22/2023 -16.02% […]

Accenture (NYSE:ACN) Stock Analyst Ratings Read Post »

Boeing Woes Weigh On Suppliers

/ / Industrials /

Aerospace supplier Hexcel says it’s yet to hear of any changes to the master production schedule for 737 output, but pledged not to be a bottleneck for planned rises at Boeing or Airbus. Still, the prospect of curtailed MAX output weighed on some suppliers, with Hexcel, Spirit AeroSystems and Montana Aerospace all shedding around 8%, and ATI down 5%. Boeing closed down almost 6%, pegging its market value decline since the Alaska Airlines incident around $30 billion.

Boeing Woes Weigh On Suppliers Read Post »

Visa Beats Q1 Earnings And Revenue Estimates, Issues Net Revenue Outlook

/ / Industrials /

Visa Inc. (NYSE:V) shares are trading lower in Thursday’s after-hours session after the company reported its first-quarter financial results. Here’s an overview of the metrics which are moving the stock. What To Know: Visa reported quarterly earnings of $2.41 per share which beat the analyst consensus estimate of $2.34 by 2.99%. Revenue clocked in at $8.60 billion, surpassing the analyst expectations of $8.54 billion, a 8.37% increase over sales of $7.94 billion the same period last year. Payments volume increased 8% while total cross-border volume rose 16%, on a year-over-year basis. Additionally, cash, cash equivalents and investment securities were $21.4 billion as of Dec. 31. Visa also stated that it sees second-quarter net revenue growth in the upper mid to high single-digit range while full-year net revenue growth is expected to be in the low double-digit range. “Our 2024 fiscal year is off to a solid start. In our first quarter, net

Visa Beats Q1 Earnings And Revenue Estimates, Issues Net Revenue Outlook Read Post »

Visa Inc. (V) Q1 2024 Earnings Call Transcript Summary

/ / Industrials /

The following is a summary of the Visa Inc. (V) Q1 2024 Earnings Call Transcript: Financial Performance: Visa reported an 8% YoY growth in payment volume during Q1 with U.S. and international payments volume growing 5% and 11% respectively. The overall processed transactions and net revenues also reflected a 9% growth. Cross-border volume, excluding intra-Europe, rose 16% YoY in constant dollars. Visa noticed a 20% increase in GAAP EPS and reported non-GAAP EPS as being up by 11%. The company bought back approximately $3.4 billion in stock and distributed over $1 billion in dividends to stockholders during the first quarter. No material changes to prior outlook for drivers, adjusted net revenues or EPS growth with net revenue growth and non-GAAP operating expense growth expected to be in the low double digits, and adjusted EPS growth in the low teens. Business Progress: Visa expanded its credentials by 6% and network tokens

Visa Inc. (V) Q1 2024 Earnings Call Transcript Summary Read Post »

Boeing (NYSE:BA) Stock Analyst Ratings

/ / Industrials /

Boeing (NYSE:BA) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/25/2024 8.04% B of A Securities $255 → $225 Downgrades Buy → Neutral 01/18/2024 33.97% Susquehanna $306 → $279 Maintains Positive 01/16/2024 8.04% Wells Fargo $280 → $225 Downgrades Overweight → Equal-Weight 12/15/2023 51.26% UBS $275 → $315 Maintains Buy 12/12/2023 — William Blair Initiates Coverage On → Outperform 12/06/2023 12.85% Barclays $210 → $235 Maintains Equal-Weight 12/01/2023 27.25% Stifel → $265 Initiates Coverage On → Buy 11/28/2023 32.05% RBC Capital $200 → $275 Upgrades Sector Perform → Outperform 11/20/2023 29.65% Deutsche Bank → $270 Upgrades Hold → Buy 11/01/2023 — Goldman Sachs Maintains Buy 10/31/2023 4.2% Northcoast Research → $217 Upgrades Neutral → Buy 10/26/2023 -3.96% RBC Capital $210 → $200 Maintains Sector Perform 10/26/2023 30.13% Citigroup $285 → $271 Maintains Buy 10/26/2023 5.64% Morgan Stanley $235 → $220 Maintains Equal-Weight

Boeing (NYSE:BA) Stock Analyst Ratings Read Post »

Boeing Buys Out Malaysian JV

/ / Industrials /

Boeing buys out partner Hexcel from their Malaysia-based ACM aircraft composite joint venture during 4Q. Hexcel says it was paid $45M for its 50% stake in the 22-year old business, which makes wing and aileron parts. Spirit AeroSystems makes the door plugs for Boeing’s 737 MAX at its Malaysia plant. Boeing says it reinstalled the plug that failed on an Alaska Airlines flight. Hexcel shares down 8% after big 4Q profit miss.

Boeing Buys Out Malaysian JV Read Post »

General Dynamics Q4 Earnings, Revenue Rise

/ / Industrials /

General Dynamics (GD) reported Q4 earnings Wednesday of $3.64 per diluted share, up from $3.58 a year earlier. The company shares were up more than 5% in recent Wednesday trading. Analysts polled by Capital IQ expected $3.62. Revenue for the quarter ended Dec. 31 was $11.67 billion, up from $10.85 billion a year earlier. Analysts surveyed by Capital IQ expected $11.47 billion.

General Dynamics Q4 Earnings, Revenue Rise Read Post »

Accenture (NYSE:ACN) Stock Analyst Ratings

/ / Industrials /

Accenture (NYSE:ACN) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/24/2024 8.43% Morgan Stanley $369 → $400 Maintains Overweight 12/20/2023 4.36% BMO Capital $350 → $385 Maintains Market Perform 12/20/2023 -1.06% UBS $333 → $365 Maintains Neutral 12/14/2023 -2.41% Wedbush $330 → $360 Maintains Outperform 11/16/2023 11.14% Redburn Atlantic → $410 Initiates Coverage On → Buy 11/07/2023 -9.73% UBS → $333 Initiates Coverage On → Neutral 09/29/2023 -7.83% RBC Capital → $340 Reiterates Outperform → Outperform 09/29/2023 -5.12% BMO Capital $360 → $350 Maintains Market Perform 09/29/2023 -18.68% TD Cowen $312 → $300 Maintains Market Perform 09/29/2023 -12.71% Baird $332 → $322 Maintains Neutral 09/29/2023 -18.68% Piper Sandler $312 → $300 Maintains Neutral 09/27/2023 -2.41% BMO Capital $355 → $360 Maintains Market Perform 09/26/2023 -10.54% Wedbush → $330 Reiterates Outperform → Outperform 09/22/2023 -15.42% Piper Sandler $314 → $312 Maintains Neutral 09/18/2023

Accenture (NYSE:ACN) Stock Analyst Ratings Read Post »

CFRA Keeps Buy Opinion On Shares Of Rtx Corporation

/ / Industrials /

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target price of $99, raised by $9, reflects a 16.2x multiple of projected 2025 EPS, in line with RTX’s historical forward average. We cut our 2024 EPS estimate by $0.58 to $5.39 and start 2025’s at $6.12. Q4 EPS of $1.29 vs. $1.27, beat the consensus view by $0.04. Organic sales rose 10%, led by Pratt & Whitney (+4%), as commercial aerospace remains a nice tailwind, both for new orders as well as aftermarket. We still see a few clouds on the horizon on the supply chain front, and we see only modest EPS improvement in 2024 before accelerating earnings in 2025. There are some headwinds at Raytheon, notably on fixed price contracts that have underperformed in a rising cost environment, but we expect these

CFRA Keeps Buy Opinion On Shares Of Rtx Corporation Read Post »

Scroll to Top