Adobe Systems http://www.so-l.ru/tags/show/adobe_systems Sun, 29 Mar 2020 15:22:10 +0300 <![CDATA[Инвестиционные идеи Adobe Systems]]>
Инвестиционные идеи Adobe Systems

Мы позитивно оцениваем дальнейшие перспективы Adobe. Мировой рынок прикладного ПО продолжает стремительно меняться в пользу все большего использования облачных технологий, и на этом фоне проведенная компанией глубокая реструктуризация бизнеса оказалась как нельзя кстати. Причем в Adobe не собираются останавливаться на достигнутом и намерены и далее упорно работать над увеличением лояльности уже имеющихся клиентов и привлечением новых за счет инвестиций в новые программные продукты и расширения функциональности и удобства текущего ПО. Кроме того, Adobe активно развивает платформу искусственного интеллекта и машинного обучения Sensei. Элементы этой платформы уже применяются в традиционных продуктах компании. При этом, на наш взгляд, драйвером роста станет сегмент Marketing Cloud. Рекламные и маркетинговые бюджеты в мире все сильнее смещаются от традиционных каналов распространения в цифровую сферу, и Adobe благодаря значительным усилиям по расширению своего присутствия в этой области, на наш взгляд, имеет хорошие шансы стать одним из главных бенефициаров данного тренда. Кроме того, мы полагаем, что сильный баланс и высокие денежные потоки позволят Adobe и далее проявлять активность в сегменте M&A, не забывая при этом направлять значительные средства на выплаты акционерам. 

Что касается финансовых результатов, то выручка в третьем фискальном квартале увеличилась на 23,7% г/г до отметки в $2,83 млрд и превысила консенсус-прогноз на уровне $2.79 млрд. Скорректированный показатель EBITDA вырос на 28.9% до $1.30 млрд. Скорректированная прибыль на акцию увеличилась на 18,5% до $2,05 и на 8 центов опередила среднюю оценку аналитиков Уолл-стрит. Что касается мультипликаторов, то компания Adobe выглядит немного дороже своих аналогов, но учитывая размер Adobe и ее положение в отрасли, хорошие перспективы роста и высокую рентабельность собственного капитала, мы считаем, что компания достаточно привлекательно смотрится по финансовым мультипликаторам.

Исходя из вышеуказанного, мы рекомендуем покупать акции Adobe Systems с целевой ценой $310. Стоп-лосс находится на отметке $255.

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http://www.so-l.ru/news/y/2019_09_26_investicionnie_idei_adobe_systems Thu, 26 Sep 2019 13:09:36 +0300
<![CDATA[Инвестиционные идеи Adobe Systems]]>

Инвестиционные идеи Adobe Systems
Adobe завершил 3-й финквартал, имея на счетах $3.65 млрд. денежных средств и краткосрочных инвестиций при общем долге $4.14 млрд. В отчетном периоде компания сгенерировала $922 млн. операционного денежного потока, направила $89.1 млн. на капвложения и выкупила с рынка 2.6 млн. собственных акций.

В 4-м финквартале Adobe планирует заработать $2.25 на акцию при выручке $2.97 млрд.

Мы сохраняем позитивный взгляд на дальнейшие перспективы Adobe Systems. Мировой рынок прикладного ПО продолжает стремительно меняться в пользу все большего использования облачных технологий, и на этом фоне компания планирует продолжать упорно работать над увеличением лояльности уже имеющихся клиентов и привлечением новых за счет инвестиций в новые программные продукты и расширения функциональности и удобства имеющихся. Кроме того, мы полагаем, что сильный баланс и высокие денежные потоки позволят Adobe и далее проявлять активность в сегменте M&A, не забывая при этом направлять значительные средства на выплаты акционерам.

Мы подтверждаем целевую цену акций Adobe на уровне $320 и продолжаем рекомендовать данные бумаги для среднесрочных инвестиций. Стоп-лосс находится на отметке $270.



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http://www.so-l.ru/news/y/2019_09_19_investicionnie_idei_adobe_systems Thu, 19 Sep 2019 14:49:50 +0300
<![CDATA[Adobe Systems (ADBE) Stock Moves -0.05%: What You Should Know]]> Adobe Systems (ADBE) closed the most recent trading day at $249.09, moving -0.05% from the previous trading session. This change was narrower than the S&P 500's daily loss of 0.22%. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq lost 0.25%.

Heading into today, shares of the software maker had gained 1.4% over the past month, outpacing the Computer and Technology sector's gain of 1.37% and lagging the S&P 500's gain of 3.57% in that time.

ADBE will be looking to display strength as it nears its next earnings release, which is expected to be December 13, 2018. On that day, ADBE is projected to report earnings of $1.88 per share, which would represent year-over-year growth of 49.21%. Meanwhile, our latest consensus estimate is calling for revenue of $2.42 billion, up 20.8% from the prior-year quarter.

ADBE's full-year Zacks Consensus Estimates are calling for earnings of $6.80 per share and revenue of $8.99 billion. These results would represent year-over-year changes of +57.77% and +23.11%, respectively.

Investors should also note any recent changes to analyst estimates for ADBE. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ADBE currently has a Zacks Rank of #2 (Buy).

Investors should also note ADBE's current valuation metrics, including its Forward P/E ratio of 36.65. For comparison, its industry has an average Forward P/E of 31, which means ADBE is trading at a premium to the group.

It is also worth noting that ADBE currently has a PEG ratio of 2.23. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Computer - Software stocks are, on average, holding a PEG ratio of 2.18 based on yesterday's closing prices.

The Computer - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 99, which puts it in the top 39% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
To read this article on Zacks.com click here.]]>
http://www.so-l.ru/news/y/2018_11_30_adobe_systems_adbe_stock_moves_0_05 Fri, 30 Nov 2018 01:45:17 +0300
<![CDATA[U.S. Weekly FundFlows Insight Report: Despite a Strong Market Rally, Fund and ETF Investors Remain Guarded During the Week]]> For the first week in four investors were overall net sellers of fund assets (including those of conventional funds and ETFs), withdrawing $6.3 billion for Lipper’s fund-flows week ended November 28, 2018. Fund investors were net purchasers of money market funds (+$5.0 billion) while being net redeemers of equity funds (-$8.5 billion), taxable fixed income funds (-$2.4 billion), and municipal bond funds (-$379 million).

Market Wrap-Up

In the Thanksgiving shortened fund-flows trading week investors appeared to cheer the dovish tone set by Federal Reserve Board Chair Jerome Powell during his speech at the Economic Club of New York. The NASDAQ Composite Price Only Index (+4.58%) witnessed the strongest return for the flows week, followed by the Dow Jones Industrial Average Price Only Index’s 3.69% and the S&P 500 Price Only Index’s 3.54%. Investors initially embraced the U.K. Prime Minister Theresa May’s negotiations with the European Union for Britain to exit the trade bloc and news that Italy’s coalition government was prepared to cut its budget deficit target—easing tensions between the European Union and Rome.  However, rising U.S.-China trade tensions weighed on select foreign markets. The Nikkei 225 Price Only Index posted the only plus-side return for the flows week, rising 2.17%, while the Shanghai Composite Price Only Index (-2.12%) and the FTSE 100 Price Only Index (-0.85%) witnessed the largest declines.

At the beginning of the flows week all three major U.S. indices posted their worst Thanksgiving week close since 2011, falling at least 3.5% for the week as crude oil’s bear market worsened on Friday November 23 and energy firms were under pressure.  However, U.S. stocks rallied on Monday after U.S. crude oil futures rose above $51/barrel mark and retail shares jumped on expectations of strong sales as shoppers looked for deals on Cyber Monday. According to estimates by Adobe Systems, internet sales rose by 26.4% year-over-year from Wednesday to Friday.

On Tuesday, November 27, defensive stocks got a shot in the arm as U.S.-China trade jitters increased ahead of the G-20 group meeting scheduled to be held on Friday, November 30, in Buenos Aires. Healthcare, consumer staples, and utilities were among the largest gainers on the day. Investors also kept a cautious eye on a report that showed home prices across the country were rising at the slowest pace in nearly two years. On Wednesday, November 28, the S&P 500 and DJIA witnessed their best one-day rise since March 26, after investors interpreted Fed Chair Powell’s comments on interest rates as leaning toward the dovish side. In its second reading, the Commerce Department said GDP grew at 3.5% annual rate in Q3—which was supportive of an improving U.S. economy.

Exchange-Traded Equity Funds

For the third week in a row equity ETFs witnessed net inflows, however, only taking in $712 million for the most recent flows week. Authorized participants (APs) were net sellers of domestic equity ETFs (-$691 million), redeeming money from the group also for the first week in three. However, for the ninth week in a row nondomestic equity ETFs witnessed net inflows, this past week attracting $1.4 billion. Consumer Discretionary Select Sector SPDR ETF (+$452 million) and iShares Core MSCI Emerging Markets ETF (+$356 million) attracted the largest amounts of net new money of all individual equity ETFs. At the other end of the spectrum SPDR S&P 500 ETF (-$1.7 billion) experienced the largest individual net redemptions, and Invesco QQQ Trust 1 (-$489 million) suffered the second largest net redemptions of the week.

Exchange-Traded Fixed Income Funds

For the second week in row taxable fixed income ETFs witnessed net inflows, this past week taking in $1.7 billion. APs were net purchasers of government-Treasury ETFs (+$2.6 billion) and international & global debt ETFs (+$124 million) while being net redeemers of corporate high-yield ETFs (-$720 million) and corporate investment-grade debt ETFs (-$218 million). iShares 1-3 Year Treasury Bond ETF (+$866 million) and iShares Short Treasury Bond ETF (+$619 million) attracted the largest amounts of net new money of all individual taxable fixed income ETFs. Meanwhile, iShares iBoxx $ Investment-Grade Corporate Bond ETF (-$837 million) and iShares iBoxx $ High Yield Corporate Bond ETF (-$524 million) handed back the largest individual net redemptions for the week. For the third week in row municipal bond ETFs witnessed net inflows, this past week taking in only $35 million.

Conventional Equity Funds

For the twenty-third week running conventional fund (ex-ETF) investors were net redeemers of equity funds, removing $9.2 billion. Domestic equity funds, handing back a little less than $6.0 billion, witnessed their twenty-eighth weekly net outflows while posting a 3.19% return on average for the flows week. Their nondomestic equity fund counterparts, posting a 2.13% gain on average, witnessed their tenth consecutive weekly net outflows (-$3.2 billion this past week). On the domestic equity side fund investors shunned large-cap funds (-$3.6 billion net) and small-cap funds (-$826 million), while on the nondomestic equity side investors were net redeemers of international equity funds (-$2.7 billion) and global equity funds (-$511 million).

Conventional Fixed Income Funds

For the eighth week in nine taxable bond funds (ex-ETFs) witnessed net outflows, handing back $4.1 billion this past week. Fund investors were net redeemers of corporate investment-grade debt funds (-$1.5 billion, flexible funds (-$1.4 billion), and corporate high yield funds (-$481 million). For the tenth consecutive week municipal bond funds (ex-ETFs) witnessed net outflows, handing back $413 million while posting a 0.10% gain on average (their third weekly gain in row).

 

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http://www.so-l.ru/news/y/2018_11_30_u_s_weekly_fundflows_insight_report_de Fri, 30 Nov 2018 00:44:29 +0300
<![CDATA[Amazon Boosts Satellite Initiatives With Lockheed Martin Deal]]> Amazon’s AMZN strong efforts toward innovation of its cloud services driven by strategic partnerships are strengthening its presence in the global cloud market.

The company’s cloud computing arm Amazon Web Services (“AWS”) has extended its tie up with Lockheed Martin LMT to expand reach in satellite data.

The deal enables AWS to introduce a new antenna service to its platform by combining its recently launched AWS Ground Station service with Lockheed Martin’s Verge antenna network.

Partnership to Benefit

Notably, the latest partnership is a win-win situation for both the companies.

The integrated solution will enable the AWS customers to download data from multiple satellites at a single point of time with the help of Verge. With this, AWS will facilitate the accessibility of crucial satellite data.

Further, customers of Lockheed Martin which primarily comprise satellite operators will be able to upload their data with the aid of AWS Ground Station, consequently integrating massive satellite data with the AWS services.

We believe the two-way benefits are likely to accelerate the adoption of AWS Ground Station.

Further, the move will enable AWS to provide low latency to its customers for processing the satellite data, backed by AWS Ground Station antennas that are co-located with AWS Regions. This will also provide access to other AWS services in this regard.

Additionally, the latest move will aid Amazon in gaining traction among the satellite operators, government organizations and clients in highly regulated industries.

All these factors are likely to drive the top-line growth of high-margin generating AWS. Notably, AWS revenues surged 45.7% year over year to $6.68 billion in third-quarter 2018.

Coming to the price performance, shares of Amazon have returned 43.5% on a year-to-date basis, outperforming the industry’s rally of 4.9%.



Deepening Focus Toward Satellite & Space

AWS has been eyeing the satellite and space area for quite some time now in a bid to explore the opportunities of space. Per Reuters, the company intends to utilize its 12 antennas in direct transmission of data from satellites to its data centers. This is in sync with its latest move.

Apart from this, Amazon is in talks with the president of Chile to house and mine astrodata from Chile’s giant telescopes. Moreover, Amazon hosts cloud platform for the Hubble Telescope’s data and the International Centre for Radio Astronomy Research in Australia.

Further, AWS won a contract from Iridium Communications IRDM to develop a satellite-based network called CloudConnect for Internet of Things (IoT) applications. Notably, this has provided an opportunity for AWS to develop satellite-based cloud applications.

Moreover, the company is aggressively looking to hire people who can work on its new space and satellite initiative, namely interconnecting space system networks.

Notably, these robust endeavors are likely to strengthen the AWS’ services portfolio which in turn will aid its dominant position in the cloud market.

Zacks Rank & Stocks to Consider

Currently, Amazon carries a Zacks Rank #3 (Hold).

A better-ranked stock in the broader technology sector that can be considered is Adobe Systems ADBE which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Long-term earnings growth rate for Adobe Systems is pegged at 16.4%.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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Amazon.com, Inc. (AMZN): Free Stock Analysis Report
 
Lockheed Martin Corporation (LMT): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
Iridium Communications Inc (IRDM): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_11_29_amazon_boosts_satellite_initiatives_with Thu, 29 Nov 2018 18:16:00 +0300
<![CDATA[Here's What to Expect from VMware's (VMW) Q3 Earnings]]> Shares of VMware, Inc. VMW jumped nearly 5% during regular trading Wednesday. So, should investors expect the business-focused cloud computing firm to post strong Q3 financial results Thursday, or did VMW stock get a boost from its peer Salesforce’s CRM strong quarterly performance?

Cloud-based customer relationship management power Salesforce saw its stock price soar over 10% Wednesday after it reported its Q3 earnings results after the closing bell Tuesday. The company’s earnings blew away our Zacks Consensus Estimate and its sales climbed 26% from the year-ago quarter.

Meanwhile, VMware has seen its stock price surge over 17% in the last month as the broader market moved mostly sideways. Shares of VMware closed regular trading Wednesday at $159.76 per share, which marked a roughly 3% decline from its 52-week high $165.00 per share.

Jumping back a bit further, we can see that shares of VMW have outpaced its industry over the past two years. Plus, VMware stock has topped its peer group over this stretch, which includes the likes of Adobe ADBE and Oracle ORCL.

 

 

VMware’s Q3 revenues are projected to climb 9.7% to reach $2.17 billion, based on our current Zacks Consensus Estimate. The Palo Alto-based tech company’s adjusted quarterly earnings are expected to jump 11.9% to $1.50 per share. Yet, we still need to know how likely it is that VMware can top our quarterly earnings estimates.

Luckily, we can turn to our exclusive Earnings ESP figure to help us. The Zacks Earnings ESP (Expected Surprise Prediction) compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter. The Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change.

This is done because, generally speaking, when an analyst posts an estimate right before an earnings release, it means that they have fresh information which could potentially be more accurate than what analysts thought about a company two or three months ago.

A positive Earnings ESP paired with a Zacks Rank #3 (Hold) or better ranking helps us feel confident about the potential for an earnings beat. In fact, our 10-year backtest has revealed that this methodology has accurately produced a positive surprise 70% of the time.

VMware is currently a Zacks Rank #3 (Hold) that sports an Earnings ESP of 0.00%. This, unfortunately, means that our model is inconclusive. Yet, investors should note that the company has topped our quarterly earnings estimates in the trailing four periods.

VMware is set to release its third quarter financial results after the market closes on Thursday.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

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Oracle Corporation (ORCL): Free Stock Analysis Report
 
VMware, Inc. (VMW): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
salesforce.com, inc. (CRM): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_11_29_here_s_what_to_expect_from_vmware_s_vmw Thu, 29 Nov 2018 03:53:00 +0300
<![CDATA[Acxiom Maintains FY18 Outlook Post Facebook's New Guidelines]]> Acxiom Corporation’s ACXM shares declined 19% closing at $22.71 on Mar 29, after Facebook FB temporarily severed its collaboration with third-party data providers. With a view to satiate potential investors and existing shareholders, the company recently issued a press release stating that fiscal 2018 revenues and EPS outlook remain steady.

For fiscal 2018, revenues are expected in the range of $910-$915 million, up 6% from fiscal 2017. The Zacks Consensus Estimate is pegged at $912.16 million.

Non-GAAP earnings are projected within 85-89 cents per share, up 20-25% year over year. The guidance includes tax reform benefit of 4-5 cents. The Zacks Consensus Estimate is pegged at 87 cents per share.

Acxiom however, updated preliminary 2019 guidance on Facebook’s decision. The company anticipates total revenues and profitability to be hurt by $25 million. Notably, LiveRamp is expected to grow at least 30% on a year-over-year basis. The estimates are subject to change.

Audience Solutions division of the company provided data to Facebook, which was available in Facebook Partner Categories. The data allowed marketers to target specific audience as required, and is aimed to enhance value for both end users and businesses.

Acxiom provides data to its marketing clients to help them enhance user experience by ensuring customization. The company recognizes the value of data extraction via ethical sources.

What Let to Facebook’s Move?

Facebook understands that immediate action is required given the seriousness of the recent data breach. The company will not use third-party data sets, over which it has limited control, for six months with a view to improve privacy. The move might improve its accountability.

TechCrunch revealed that Facebook will, however, continue to work with Acxiom and Experian such that it can measure ad performance, and provide metrics. The company is reviewing its relationship with third-party data brokers and marketers.

WPP PLC, TransUnion and Oracle Data Cloud are the other listed brokers who might get affected. The reduction in volume of the data will affect Facebook. The targeted ads might not lead to accurate outcomes compared with earlier results. The company has not yet disclosed how this move is going to hurt its ad revenues.

Notably, the company also remodeled its privacy settings from 30 screens to a single window.

Expanding Partner Network Bodes Well for Acxiom

The company has partnered with Microsoft’s MSFT LinkedIn and Yelp Local Audiences in the past. Recently, the company announced extended partnership with RedPoint Global and 4INFO.

Acxiom’s partner network continues to expand, as evident from its partnership with technology firm Adobe Systems Inc. ADBE, with a view to offer Adobe Marketing Cloud to its customers for seamless cross-channel marketing campaigns. Additionally, the company has teamed up with social media firm Twitter Inc. to aid advertisers gauge the efficacy of advertising campaigns on offline sales.

Product Portfolio Provides a Competitive Edge

Acxiom recently extended its collaboration with Adobe, and launched Digital Transformation Services and Adobe Audience Manager. The new services will enrich end-user experience by focusing on people-based marketing.

The company recently launched Patients Insights Package to empower its healthcare solutions initiatives. The new offering will ensure that insights from data on prospective patients lead to customized and relevant campaigning.

Acxiom’s frequent product innovations like AbiliTecand and partnership with 4INFO — to provide location-based targeting segments for digital campaigns — are aiding the company to expand its availability, consequently boosting the top line. IdentityLink was recently extended to television medium, aiding the marketers to effectively campaign.

To Conclude

Currently, Axiom carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Acxiom has emerged as a formidable player in the field of marketing services and technology. The company is including the latest digital programs in its InfoBase platform to increase the accessibility of its products through various digital channels.

The six months period will soon pass and we believe that the company will survive the interim on notable acquisitions, strategic partnerships, expanding customer base and diversified product portfolio.

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Facebook, Inc. (FB): Free Stock Analysis Report
 
Acxiom Corporation (ACXM): Free Stock Analysis Report
 
Microsoft Corporation (MSFT): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_04_02_zacks_investment_research_acxiom_maintain Mon, 02 Apr 2018 21:48:00 +0300
<![CDATA[Acxiom Maintains FY18 Outlook Post Facebook's New Guidelines]]> Acxiom Corporation’s ACXM shares have declined 8.4% closing at $28.05 on Mar 28, after Facebook FB temporarily severed its collaboration with third-party data providers. With a view to satiate potential investors and existing shareholders, the company recently issued a press release stating that fiscal 2018 revenues and EPS outlook remain steady.

For fiscal 2018, revenues are expected in the range of $910-$915 million, up 6% from fiscal 2017. The Zacks Consensus Estimate is pegged at $912.16 million.

Non-GAAP earnings are projected within 85-89 cents per share, up 20-25% year over year. The guidance includes tax reform benefit of 4-5 cents.

Acxiom however, updated preliminary 2019 guidance on Facebook’s decision. The company anticipates total revenues and profitability to be hurt by $25 million. Notably, LiveRamp is expected to grow at least 30% on a year-over-year basis. The estimates are subject to change.

Audience Solutions division of the company provided data to Facebook, which was available in   Facebook Partner Categories. The data allowed marketers to target specific audience as required, and is aimed to enhance value for both end users and businesses.

Acxiom provides data to its marketing clients to help them enhance user experience by ensuring customization. The company recognizes the value of data extraction via ethical sources.

What Let to Facebook’s Move?

Facebook understands that immediate action is required given the seriousness of the recent data breach. The company will not use third-party data sets, over which it has limited control, for six months with a view to improve privacy.

TechCrunch revealed that Facebook will, however, continue to work with Acxiom and Experian such that it can measure ad performance, and provide metrics. The company is reviewing its relationship with third-party data brokers and marketers.

WPP PLC, TransUnion and Oracle Data Cloud are the other listed brokers who might get affected. The reduction in volume of the data will affect Facebook. The targeted ads might not lead to accurate outcomes compared with earlier results. The company has not yet disclosed how this move is going to hurt its ad revenues.

Notably, the company also remodeled its privacy settings from 30 screens to a single window.

Expanding Partner Network Bodes Well for Acxiom

The company has partnered with Microsoft’s MSFT LinkedIn and Yelp Local Audiences in the past. Recently, the company announced extended partnership with RedPoint Global and 4INFO.

Acxiom’s partner network continues to expand, as evident from its partnership with technology firm Adobe Systems Inc. ADBE, with a view to offer Adobe Marketing Cloud to its customers for seamless cross-channel marketing campaigns. Additionally, the company has teamed up with social media firm Twitter Inc. to aid advertisers gauge the efficacy of advertising campaigns on offline sales.

Product Portfolio Provides a Competitive Edge

Acxiom recently extended its collaboration with Adobe, and launched Digital Transformation Servicesand Adobe Audience Manager. The new services will enrich end-user experience by focusing on people-based marketing.

The company recently launched Patients Insights Package to empower its healthcare solutions initiatives. The new offering will ensure that insights from data on prospective patients lead to customized and relevant campaigning.

Acxiom’s frequent product innovations like AbiliTecand and partnership with 4INFO — to provide location-based targeting segments for digital campaigns — are aiding the company to expand its availability, consequently boosting the top line. IdentityLink was recently extended to television medium, aiding the marketers to effectively campaign.

To Conclude

Currently, Axiom carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Acxiom has emerged as a formidable player in the field of marketing services and technology. The company is including the latestdigital programs in its InfoBase platform to increase the accessibility of its products through various digital channels.

The six months period will soon pass and we believe that the company will survive the interim on notable acquisitions, strategic partnerships, expanding customer base and diversified product portfolio.

Investor Alert: Breakthroughs Pending

A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline.

Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now.

Click here to see them >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Facebook, Inc. (FB): Free Stock Analysis Report
 
Acxiom Corporation (ACXM): Free Stock Analysis Report
 
Microsoft Corporation (MSFT): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_04_02_acxiom_maintains_fy18_outlook_post_faceb Mon, 02 Apr 2018 12:41:00 +0300
<![CDATA[NVIDIA (NVDA) Collaborates With Adobe for Sensei AI Toolkit]]> NVIDIA Corporation NVDA continues to gain traction in Artificial Intelligence (AI) technology with the help of several partnerships. Most recently, the graphic chip maker partnered with Adobe Systems Incorporated ADBE as part of which its graphics processing units (GPUs) will power up the latter’s AI toolkit, Sensei.

The partnership is anticipated to improve Adobe’s services for Creative and Experience Cloud customers and developers. That means, it will improve the performance as well as speed of Adobe’s Sensei.

The companies believe the collaboration will help them in targeting a new audience of developers, data scientists and partners for Sensei, thereby providing scope of business opportunities to both.

Shantanu Narayen, president and CEO of Adobe said that, “We're excited to partner with NVIDIA to push the boundaries of what's possible in creativity, marketing and exciting new areas like immersive media.”

 

NVIDIA Corporation Price

The recent partnership between the two companies is an extension of their decade long relationship wherein Adobe has been using NVIDIA’s GPUs to power up its broad set of creative and digital experience products. NVIDIA’s GPUs are already powering Sensei other features like “Adobe Character Animator CC and face aware editing in Photoshop CC.”

Artificial intelligence is a global rage these days. It has long been touted as the next big thing in the technology sector, and its usage is growing each and every day. NVIDIA is one of the leading players in AI for applications in several markets including autonomous driving, data centers, healthcare and even in constructions. It has multiple AI partnerships with the likes of Baidu BIDU in driverless vehicles segment, Amazon AMZN in data center and Komatsu in construction sector.

We believe that with these deals, NVIDIA will be better positioned to enhance its hold in AI technologies.

NVIDIA currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Investor Alert: Breakthroughs Pending

A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline.

Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now.

Click here to see them >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
 
Baidu, Inc. (BIDU): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
NVIDIA Corporation (NVDA): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_03_29_nvidia_nvda_collaborates_with_adobe_fo Thu, 29 Mar 2018 16:37:00 +0300
<![CDATA[Adobe Systems Stock Owner Insight]]> http://www.so-l.ru/news/y/2018_03_27_adobe_systems_stock_owner_insight Tue, 27 Mar 2018 17:03:40 +0300 <![CDATA[Manpower Group, Papa John???s and Adobe Systems as Zacks Bull and Bear of the Day]]> For Immediate Release         

Chicago, IL – March 21, 2018 – Zacks Equity Research highlights Manpower Group MAN as the Bull of the Day and Papa John’s PZZA as the Bear of the Day. In addition, Zacks Equity Research provides analysis onAdobe Systems ADBE.

Here is a synopsis of all three stocks:

Bull of the Day:                                              

Last week marked the ninth anniversary of the “generational bottom,” and all throughout the world, markets are celebrating a prolonged stretch of relative health and recovery. In the U.S., that recovery is best exemplified by the strength of the jobs market, and investors can benefit from this strength by targeting companies like Manpower Group, a global staffing powerhouse.

Manpower is a world leader in innovative workforce solutions, serving both large and small organizations across all industries and sectors. The company is the third-largest staffing firm in the world. Manpower employs millions of people every year, throughout dozens of countries.

The company’s latest earnings report was strong, but its stock failed to generate momentum thanks to a market-wide selloff. Now MAN sits at an attractive level for value investors, and an even better earnings outlook—lifted by improved analyst sentiment—makes this Zacks Rank #1 (Strong Buy) a great option right now.

Latest Earnings Report

Manpower most recently reported earnings on Feb. 2. Adjusted profits for the quarter were $2.12 per share, surpassing the Zacks Consensus Estimate of $2.05. Quarterly revenues came in at $5.64 billion, up from $4.96 billion in the prior-year period and ahead of our $5.55 billion consensus estimate.

Meanwhile, operating profit for the reported quarter was $238.7 million compared with $212 million in the year-ago quarter. The increase in operating profit, despite rise in operating expenses, is due to significant top-line growth.

Manpower exited 2017 with cash and cash equivalents of $689 million compared with $598.5 million in the previous year. Long-term debt was $478.1 million compared with $785.6 million in 2016. The company also provided strong guidance in its latest report.

Bear of the Day:

Shifting consumer habits and a plethora of new delivery options have left the restaurant industry in flux, with traditional delivery powerhouses like some fast-food pizza chains struggling to compete. One such company is Papa John’s.

Papa John’s operates & franchises pizza delivery and carry-out restaurants. The company is the world’s third-largest pizza delivery brand. Papa John’s has about 5,199 restaurants, including 743 company-owned and 4,456 franchised restaurants in 50 states, and 44 countries and territories.

After another lackluster earnings report, analysts have soured on PZZA. The company has witnessed a number of negative earnings estimate revisions, earning the stock a Zacks Rank #5 (Strong Sell). Additional headwinds should continue to cause volatility, making this restaurant pick one to stay away from for now.

Latest Earnings Report

In the most recent quarter, Papa John’s reported adjusted earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.68 and declining about 6% from the year-ago period. Domestic company-owned comps fell 4.7% during the quarter, while comps at North American franchise restaurants slumped 3.5%.

Papa John’s was plagued by higher costs related to marketing initiatives, unit expansion, digital ordering, and increased use of online and mobile web technology. In the fourth quarter, total costs and expenses amounted to $429.3 million, up 7.8% from the prior-year quarter. Meanwhile, operating margin decreased 390 basis points to reach 7.8%.

Additional content:

Why Adobe (ADBE) Stock Keeps Climbing

Shares of Adobe Systems jumped nearly 4% through early afternoon trading Tuesday to hit yet another new all-time high as investors continue to ride the software firm’s post-Q1 earnings wave.

Latest Results

Adobe, which makes editing programs such as Photoshop and Premiere, posted record first quarter revenues of $2.08 billion last week. This figure also marked 24% growth from the year-ago period. Furthermore, Adobe’s adjusted earnings of $1.55 per share topped our Zacks Consensus Estimate.

The company did not provide updated guidance for the rest of the year, but it previously announced that it expects to post full-year revenues of $8.73 billion. Adobe also noted that it expects the new Republican tax law will have a positive impact on its business.

“The new Tax Act is lowering Adobe’s effective tax rates, driving a significant increase in our earnings per share targets," CFO Mark Garrett said in a statement. “With ready access to our offshore cash, we will continue to evaluate investment opportunities to grow our business and we are actively expanding our campuses in the Bay Area and Utah to accommodate the growth of our employee base.”

Looking Ahead

It seems clear that Adobe’s most-recent quarter pleased investors, but this positivity won’t last forever unless there are growth metrics that support the company’s new price tag. Based on a quick look at the latest top and bottom line projections, Adobe does indeed look ready to continue its expansion.

Adobe’s Q2 revenues are projected to surge 21.3% to reach $2.15 billion, while the firm’s full-year sales are expected to climb at a similar rate to hit $8.78 billion. It also looks like Adobe’s new lower effective tax rate is in fact set to boost earnings right away.

The company is projected to see its quarterly earnings skyrocket 50%, while its fiscal 2018 EPS figure is expected soar by 45.9% to reach 6.29 per share.

Adobe has also recently earned a large number of estimate revisions for its current quarter, next quarter, and the current year, with 100% agreement to the upside. Investors should note that Adobe has matched or topped earnings estimates for 14 straight quarters, including a 9% average surprise in the trailing four periods.

This stretch of beats mostly likely means that Adobe does everything in its power to post the best earnings to please its shareholders. Looking ahead, the company might have an even easier time doing so if its effective tax rate stays down.

Bottom Line

Adobe made it clear that it plans to spend money to expand, and the firm recently highlighted the growth of one of its newer segments, Document Cloud. But Adobe’s bread and butter creative suite is a high margin business that allows it to return money to investors. Adobe is also currently a Zacks Rank #3 (Hold) and sports a “B” grade for both Growth and Momentum in our Style Scores system.

Can Hackers Put Money INTO Your Portfolio?

Just last year, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.

Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.

Download the new report now>>

Check back later for our full analysis on URBN’s earnings report!

Want more market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>

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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
Papa John's International, Inc. (PZZA): Free Stock Analysis Report
 
ManpowerGroup (MAN): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_03_21_manpower_group_papa_john_s_and_adobe Wed, 21 Mar 2018 17:53:00 +0300
<![CDATA[Adobe Systems - один из лучших представителей облачного хайтека]]> http://www.so-l.ru/news/y/2018_03_21_adobe_systems_odin_iz_luchshih_predstavi Wed, 21 Mar 2018 10:21:59 +0300 <![CDATA[Why Adobe (ADBE) Stock Keeps Climbing]]> Shares of Adobe Systems ADBE jumped nearly 4% through early afternoon trading Tuesday to hit yet another new all-time high as investors continue to ride the software firm’s post-Q1 earnings wave.

Latest Results

Adobe, which makes editing programs such as Photoshop and Premiere, posted record first quarter revenues of $2.08 billion last week. This figure also marked 24% growth from the year-ago period. Furthermore, Adobe’s adjusted earnings of $1.55 per share topped our Zacks Consensus Estimate.

The company did not provide updated guidance for the rest of the year, but it previously announced that it expects to post full-year revenues of $8.73 billion. Adobe also noted that it expects the new Republican tax law will have a positive impact on its business.

“The new Tax Act is lowering Adobe’s effective tax rates, driving a significant increase in our earnings per share targets," CFO Mark Garrett said in a statement. “With ready access to our offshore cash, we will continue to evaluate investment opportunities to grow our business and we are actively expanding our campuses in the Bay Area and Utah to accommodate the growth of our employee base.”

Looking Ahead

It seems clear that Adobe’s most-recent quarter pleased investors, but this positivity won’t last forever unless there are growth metrics that support the company’s new price tag. Based on a quick look at the latest top and bottom line projections, Adobe does indeed look ready to continue its expansion.

Adobe’s Q2 revenues are projected to surge 21.3% to reach $2.15 billion, while the firm’s full-year sales are expected to climb at a similar rate to hit $8.78 billion. It also looks like Adobe’s new lower effective tax rate is in fact set to boost earnings right away.

The company is projected to see its quarterly earnings skyrocket 50%, while its fiscal 2018 EPS figure is expected soar by 45.9% to reach 6.29 per share.

Adobe has also recently earned a large number of estimate revisions for its current quarter, next quarter, and the current year, with 100% agreement to the upside. Investors should note that Adobe has matched or topped earnings estimates for 14 straight quarters, including a 9% average surprise in the trailing four periods.

This stretch of beats mostly likely means that Adobe does everything in its power to post the best earnings to please its shareholders. Looking ahead, the company might have an even easier time doing so if its effective tax rate stays down.

Bottom Line

Adobe made it clear that it plans to spend money to expand, and the firm recently highlighted the growth of one of its newer segments, Document Cloud. But Adobe’s bread and butter creative suite is a high margin business that allows it to return money to investors. Adobe is also currently a Zacks Rank #3 (Hold) and sports a “B” grade for both Growth and Momentum in our Style Scores system.

Can Hackers Put Money INTO Your Portfolio?

Just last year, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.

Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.

Download the new report now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_03_20_why_adobe_adbe_stock_keeps_climbing Tue, 20 Mar 2018 23:29:00 +0300
<![CDATA[The Zacks Analyst Blog Highlights: Apple, Adobe, Canadian National, Kellogg and Delta Air Lines]]> For Immediate Release

Chicago, IL – March 20, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Apple AAPLAdobe ADBE, Canadian National CNI, Kellogg K and Delta Air Lines DAL.

Here are highlights from Monday’s Analyst Blog:

Top Stock Reports for Apple, Adobe and Canadian National

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Apple, Adobe and Canadian National. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

Apple’s shares are up +25.8% in the last year, outperforming the S&P 500 (up +16.2%) and the Zacks Technology sector (up +23.6%). The company is benefiting from iPhone X’s higher average selling price (ASP). The Services segment has become the new cash cow of the company.

Going forward, the Zacks analyst thinks Apple’s foray into fast-growing technologies like autonomous vehicle, artificial intelligence (AI) & AR/VR will drive growth. Moreover, Apple’s new investment plan will boost its subscription-based services business and put an end to the criticism it is facing for not creating enough jobs in the United States.

Apple is reportedly developing its own next-generation MicroLED screens, which will reduce its dependency on Asia-based display screen providers. Additionally, impressive cash balance, post-tax reforms, is expected to boost shareholder value. However, the sluggish demand for iPhone X remains a concern amid intensifying competition.

Shares of Buy-rated Adobe have gained +78.6% in the last one year, outperforming the Zacks Software industry which has increased +36.1% over the same period. Adobe reported strong fiscal first-quarter results driven by demand for the company’s innovative solutions and growing subscriptions for its cloud application.

Adobe has been making great strides toward establishing its presence in cloud-related software areas such as documents and marketing. Adobe Experience Manager, which enables brands to offer a personalized experience, is also witnessing robust growth.

The Zacks analyst remains optimistic about Adobe’s market position, compelling product lines, continued innovation, solid adoption of Creative Cloud and Adobe marketing cloud. However, end-market recovery appears slow, which remains a matter of concern.

Canadian National’s shares have gained +2.2% over the last one year, underperforming the Zacks Rail industry which gained +19.4% over the same period. The company has also underperformed Canadian Pacific Railway’s shares that have gained 21.5% in the same time period. In fact, the company has been facing a number of challenges related to network congestion recently, which have hurt its operational performance.

These operational issues might affect its customer base, thus adversely impacting company’s growth prospects. The company announced a change at the helm in order to primarily address the service issues. Deterioration in operating ratio due to high labor and fuel costs also does not bode well for the stock.

Moreover, Canadian National’s high debt levels remain potent threats. However, overall volume growth backed by impressive performances at some of its key units is encouraging. The Zacks analyst is also impressed by the 10% dividend hike announced by the company in January 2018.

Other noteworthy reports we are featuring today include Kellogg and Delta Air Lines.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com                       

http://www.zacks.com                                                   

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Delta Air Lines, Inc. (DAL): Free Stock Analysis Report
 
Canadian National Railway Company (CNI): Free Stock Analysis Report
 
Apple Inc. (AAPL): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
Kellogg Company (K): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_03_20_the_zacks_analyst_blog_highlights_apple Tue, 20 Mar 2018 15:13:00 +0300
<![CDATA[Top Stock Reports for Apple, Adobe & Canadian National]]> Monday, March 19, 2018

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Apple (AAPL), Adobe (ADBE) and Canadian National (CNI). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Apple’s shares are up +25.8% in the last year, outperforming the S&P 500 (up +16.2%) and the Zacks Technology sector (up +23.6%). The company is benefiting from iPhone X’s higher average selling price (ASP). The Services segment has become the new cash cow of the company.

Going forward, the Zacks analyst thinks Apple’s foray into fast-growing technologies like autonomous vehicle, artificial intelligence (AI) & AR/VR will drive growth. Moreover, Apple’s new investment plan will boost its subscription-based services business and put an end to the criticism it is facing for not creating enough jobs in the United States.

Apple is reportedly developing its own next-generation MicroLED screens, which will reduce its dependency on Asia-based display screen providers. Additionally, impressive cash balance, post-tax reforms, is expected to boost shareholder value. However, the sluggish demand for iPhone X remains a concern amid intensifying competition.

(You can read the full research report on Apple here >>>).

Shares of Buy-rated Adobe have gained +78.6% in the last one year, outperforming the Zacks Software industry which has increased +36.1% over the same period. Adobe reported strong fiscal first-quarter results driven by demand for the company’s innovative solutions and growing subscriptions for its cloud application.

Adobe has been making great strides toward establishing its presence in cloud-related software areas such as documents and marketing. Adobe Experience Manager, which enables brands to offer a personalized experience, is also witnessing robust growth.

The Zacks analyst remains optimistic about Adobe’s market position, compelling product lines, continued innovation, solid adoption of Creative Cloud and Adobe marketing cloud. However, end-market recovery appears slow, which remains a matter of concern.

(You can read the full research report on Adobe here >>>).

Canadian National’s shares have gained +2.2% over the last one year, underperforming the Zacks Rail industry which gained +19.4% over the same period. The company has also underperformed Canadian Pacific Railway’s shares that have gained 21.5% in the same time period. In fact, the company has been facing a number of challenges related to network congestion recently, which have hurt its operational performance.

These operational issues might affect its customer base, thus adversely impacting company’s growth prospects. The company announced a change at the helm in order to primarily address the service issues. Deterioration in operating ratio due to high labor and fuel costs also does not bode well for the stock.

Moreover, Canadian National’s high debt levels remain potent threats. However, overall volume growth backed by impressive performances at some of its key units is encouraging. The Zacks analyst is also impressed by the 10% dividend hike announced by the company in January 2018.

(You can read the full research report on Canadian National here >>>).

Other noteworthy reports we are featuring today include Roche (RHHBY), Kellogg (K) and Delta Air Lines (DAL).

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>

Mark Vickery

Senior Editor

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Featured Reports

Vulcan's (VMC) Buyout Drive Strong, Inclement Weather Hurts

The Zacks analyst stresses that Vulcan's systematic inorganic strategy for expansion are encouraging. However, seasonal influences on construction activity weighs on the company's performance.

Expanding Market Aids First Solar (FSLR), Trump Policies Ail

Per the Zacks analyst, expanding global solar market is boosting First Solar's growth prospects. But Trump's decision to repeal Clean Power Plan and withdrawal from Paris accord are concerns.

Solid CapEx Plan, Cash Reserve Aid CenterPoint Energy (CNP)

Per the Zacks analyst, solid investment initiatives will help CenterPoint Energy to upgrade infrastructure and improve reliability. Its solid cash position enables it to make such huge investments.

Delta (DAL) Buoyed by Unit Revenue Growth, High Costs Ail

The Zacks analyst likes Delta's performance with respect to unit revenues. Efforts to reward shareholders are also encouraging.

Kidney Care Segment Boosts DaVita's (DVA) Prospects

The Zacks analyst is bullish on DaVita's impressive results from the Kidney Care business lately.

ABM Industries (ABM) Rides on Portfolio Rationalization

Per the Zacks analyst, ABM remains focused on driving sustainable profitability by effectively allocating resources to high margin services and business verticals with a strong competitive edge.

Acquisitions Aid Acadia Healthcare's (ACHC) Revenue Growth

Per the Zacks analyst, Acadia Healthcare has been emphasizing on acquisitions for expedited growth.

New Upgrades

New Approvals & Label Expansion of Drugs Boost Roche (RHHBY)

Per the Zacks analyst, new drug approvals like Hemlibra and label expansion of key drugs, Perjeta, Tecentriq and Alecensa should drive growth for Roche and help it combat the threat from biosimilars.

Arisure System & oXIRIS set CRRT Launch Aid Baxter (BAX)

The Zacks analyst is bullish on Baxter's launch of the Arisure Closed System Transfer device and oXIRIS set for continuous renal replacement therapy (CRRT) in Europe, Middle East and Africa.

Loan Growth Along With Higher Rates To Aid JPMorgan (JPM)

Per the Zacks analyst, JPMorgan's net interest income as well as net interest margin is expected to improve further given the continued rise in interest rates along with steady loan growth.

New Downgrades

Unfavorable Client Mix, Lower Retention Hurts Paychex (PAYX)

Paychex's client mix is skewing toward smallcompanies where intense competition has pressurized payroll margins, making it difficult to retain clients. This is a major concern for the Zacks analyst.

Kellogg (K) Sales Struggle Amid Soft U.S. Market

Kellogg has been struggling to raise sales with 2017 net sales declining 2.6% due to weak demand in its developed cereals market and U.S. snacks businesses, per the Zacks analyst.

Higher Input Costs, R&D Spend Hurt Lincoln Electric (LECO)

Per the Zacks analyst, raw material inflation and higher year-over-year R&D spending will dent Lincoln Electric's margins.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Roche Holding AG (RHHBY): Free Stock Analysis Report
 
Kellogg Company (K): Free Stock Analysis Report
 
Delta Air Lines, Inc. (DAL): Free Stock Analysis Report
 
Canadian National Railway Company (CNI): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
Apple Inc. (AAPL): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_03_19_top_stock_reports_for_apple_adobe_can Mon, 19 Mar 2018 21:53:00 +0300
<![CDATA[Adobe (ADBE) Hits New 52-Week High on Strong Q1 Results]]> Shares of Adobe Systems Incorporated ADBE rallied to a fresh 52-week high of $228.88, eventually closing a tad bit lower at $225.55 on Mar 16.

The momentum can be attributed to the company’s impressive first-quarter fiscal 2018 results. Adobe reported non-GAAP earnings of $1.55 per share, which increased 64.9% on a year-over-year basis. Further, the company delivered a positive earnings surprise of 8.39% in the quarter.

Revenues came in $2.08 billion, up 23.8% from the year-ago quarter, which was driven by increasing subscription for its cloud applications and robust demand for its innovative solutions.

The stock has gained 78.0% over a year, outperforming the industry’s rally of 36.1%.

We believe that Adobe’s strong focus on customer retention by delivering innovative solutions and entry in emerging markets, which are experiencing rising demand for cloud applications, will continue to drive the top line in 2018.

Currently, Adobe carries a Zacks Rank #2 (Buy) and has a market capital of $86.27 billion.

 



 

Growing Subscription for Cloud Products

Adobe’s strong efforts to bolster its presence in the cloud-related software areas remain positive. Subscription revenues represented 86% of total revenues and reflected 29.7% year-over-year growth in the first quarter. Adobe entered the subscription model with the launch of Creative Cloud (“CC”).

During the first quarter, the company acquired several new creative agreements and most of them included service offering which led to the solid growth of CC. Moreover, increasing net new subscriptions for CC will continue to benefit Adobe.

Additionally, the company is experiencing growing adoption of Acrobat and Adobe Sign, which is continuously contributing to the strong performance of Document Cloud (“DC”).

Robust Analytics Cloud, Marketing Cloud and Advertising Cloud offerings along with emerging solutions such as Audience Manager, Campaign, Target and Media Optimizer solutions led to strong bookings across these cloud platforms.

Needless to say, Adobe is benefiting from the diversification of its product portfolio which earlier consisted of only graphic design and productivity offerings.

Robust Product Portfolio

The company is experiencing robust demand for its product offerings. New and innovative products like Adobe Character Animator, Spark, Lightroom CC, Dimension and XD are bringing in more customers.

Also, Adobe Premiere Pro and After Effects will continue to gain momentum with the rising demand for video and editing from film makers and production houses. Premiere Pro witnessed a robust demand in the recent Sundance Film Festival.

Estimate Revisions Remain Positive

The company witnessed an upward revision in its earnings estimates by a penny in the last seven days. The Zacks Consensus Estimate for fiscal 2018 and 2019 is currently pegged at $6.26 and $6.97, respectively.

Other Stocks to Consider

Investors interested in the broader technology sector can also consider some other top-ranked stocks like ManTech International Corporation MANT, DST Systems DST and ACI Worldwide ACIW. All the three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Long-term earnings growth rate for ManTech International, DST Systems and ACI Worldwide is currently pegged at 8%, 10% and 12%, respectively.

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DST Systems, Inc. (DST): Free Stock Analysis Report
 
ManTech International Corporation (MANT): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
ACI Worldwide, Inc. (ACIW): Free Stock Analysis Report
 
To read this article on Zacks.com click here.]]>
http://www.so-l.ru/news/y/2018_03_19_adobe_adbe_hits_new_52_week_high_on_st Mon, 19 Mar 2018 18:21:00 +0300
<![CDATA[Q1 Earnings Season to Show Growth Acceleration]]> It is too early to start talking about the 2018 Q1 earnings season, as we are almost a month away from the big banks kicking-off the latest reporting cycle. That’s when everyone in the market will start paying attention to the Q1 earnings season. Unfortunately for us, we don’t have the luxury to wait that long as we are responsible for maintaining the ‘books’ on every earnings season.

While we haven’t (officially) closed the books on the 2017 Q4 earnings season yet (we have results from 499 S&P 500 members at this stage), the 2018 Q1 earnings season has actually gotten underway already. Including Adobe’s (ADBE) better than expected fiscal February-quarter top- and bottom-line results, we now have Q1 results from three S&P 500 members – AutoZone (AZO) and Costco (COST) are the other two that have already reported fiscal February-quarter results.

The bulk of 2018 Q1 results will be comprised of companies coming out with fiscal March-quarter results. But as we all know, fiscal and calendar quarters don’t match for all companies, as is the case with Adobe, AutoZone and Costco whose fiscal quarters ended in February. We club such fiscal February-quarter results as part of our March-quarter tally. It is in this context that the 2018 Q1 earnings season has gotten underway for us already. We have another 10 S&P 500 members with fiscal quarters ending in February on deck to report such 2018 Q1 results this week, which includes a number of industry leaders like FedEx (FDX), Oracle (ORCL), Nike (NKE) and others.

The fact is that by the time the big banks come around to report March-quarter results (Alcoa thankfully no longer has this honor), we will have seen Q1 results from almost two dozen S&P 500 members. The chart below shows the weekly calendar of the Q1 earnings season.

Expectations for 2018 Q1

The strong momentum we saw in the preceding earnings season is expected to continue this reporting cycle as well, with total earnings for the S&P 500 index expected to be up +15.5% from the same period last year on +7.2% higher revenues. This would follow the +13.5% earnings growth on +8.5% revenue growth in the 2017 Q4 earnings season, the best quarterly performance in more than 6 years.

There were two aspects of the preceding earning season that really stood out and put that reporting cycle in a category of its own. It will be interesting to see to what extent we see a repeat performance on those two counts in the 2018 Q1 earnings season.

These two standout features of the 2017 Q4 earnings season were the very strong momentum on the revenue front and impressive turnaround on the estimate revisions front.

The revenue momentum likely reflected a combination of the synchronized global growth environment and a favorable foreign exchange backdrop. With both of those factors still very much in play in Q1 as well, we can reasonably expect to see the revenue momentum trend continue this earnings season as well.

The story about trends in 2018 Q1 estimate revisions is better told by the chart below.

What this chart shows is that earnings growth expectations for 2018 Q1 moved up significantly since mid-December 2017. This represented a major trend shift relative to what we have been seeing over the last many years when estimates would actually be moving in the opposite direction. To be fair, the revisions trend had stabilized in the preceding quarters as well, with estimates for 2017 Q4 essentially remaining unchanged in the three months ahead of the start of that reporting cycle.

A big driver of these positive revisions is obviously the direct impact of the tax cuts, but that isn’t the only reason, as you can see in the revisions trend for revenues in the chart below.

We will be keeping a close eye on how estimates for 2018 Q2 evolve as companies report Q1 results and share their outlook for Q2 and beyond. Estimates for Q2 went up as well, as they did for the following quarters, when the same was happening to 2018 Q1 estimates. As of today, total Q2 earnings for the S&P 500 index are expected to be up +17.8% from the same period the year before on +7% higher revenues.

The chart below shows 2018 Q1 earnings growth expectations contrasted with what is expected in the following three quarters and actual results in the preceding 5 quarters. As you can see in the chart below, the growth pace is expected to accelerate in Q2 and continue in the following quarters.

As you can imagine, expectations for full-year 2018 are for an impressive showing, with total earnings for the S&P 500 index expected to be up by +21% from the year-earlier level on +6.8% higher revenues. If achieved, this will be the highest annual growth pace for the index since 2010.

The table below shows the summary picture for 2018 Q1, contrasted with what was actually achieved in the preceding period.

Standout Sectors

As you can see, the Energy sector remains a big growth contributor in Q1, with total earnings for the sector expected to be up +65.7% from the year-earlier period on +15.4% higher revenues. But growth for the quarter would still be in double-digits even on an ex-Energy basis (last row in the table above).

What is driving the strong Q1 growth isn’t the Energy sector, but rather the breadth of growth across all sectors, with double-digit earnings growth for 10 out of the 16 Zacks sectors, including Technology and Finance.
For the Technology sector, total Q1 earnings are expected to be up +19.5% on +11.4% higher revenues, which would follow the sector’s impressive +24.2% earnings growth on +11.5% higher revenue growth.

The Finance sector, which sat out the preceding quarter with an essentially flat showing, total Q1 earnings are expected to be up +18.7% from the same period last year on +4% higher revenues.

Driving the Finance sector’s strong growth in Q1 and beyond is the combined effect of tax cuts, higher interest rates and an improved domestic growth environment. Finance sector’s earnings were only up +1% in full-year 2017 and in low single digits in the three years prior to that, but are on expected to be up an impressive +25.3% in full-year 2018.

The Technology sector, on the other hand, has already been on stronger ground, with full-year 2017 earnings for the sector up +10.7% and expected to be up +22.4% in 2018. The enterprise spending environment was expected to improve this year even before the tax cuts, with the tax windfall expected to give a much needed boost to those trends. On top of these we have the existing secular trends in cloud computing, artificial intelligence and big data that are expected to remain growth areas in the space.

Please note that Technology and Finance aren’t just any two sectors out of the 16 in the S&P 500 index; these two sectors combined are the twin pillars of index’s total profitability, bringing in more than 40% of the index’s total earnings this year. The Energy sector’s outlook has improved, but the sector simply lacks the heft of these two. The Energy sector is expected to bring in about 5% of the index’s total earnings this year.

Note: Sheraz Mian manages the Zacks equity research department. He is an acknowledged earnings expert whose commentaries and analyses appear on Zacks.com and in the print and electronic media. His weekly earnings related articles include Earnings Trends and Earnings Preview. He manages the Zacks Top 10 and Focus List portfolios and writes the Weekly Market Analysis article for Zacks Premium subscribers.

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Here is a list of the 76 companies including 10 S&P 500 and reporting this week.
 

Company Ticker Current Qtr Year-Ago Qtr Last EPS Surprise % Report Day Time
FIBROCELL SCIENFCSC-0.23-0.3317.07%MondayBTO
CANADIAN SOLARCSIQ1.030.240.00%MondayBTO
DARIOHEALTH CPDRION/A-0.96-3.45%MondayBTO
LEJU HOLDINGSLEJU-0.19-0.1910.53%MondayBTO
MEDIWOUND LTDMDWD-0.16-0.0915.79%MondayBTO
ORACLE CORPORCL0.660.630.00%MondayAMC
ATYR PHARMA INCLIFE-0.43-0.5315.69%MondayAMC
HEALTHEQUITYHQY0.060.0730.77%MondayAMC
CONDOR HOSPTLTYCDOR0.2-0.3716.67%MondayAMC
CARDLYTICS INCCDLX-0.33N/AN/AMondayAMC
AVINGER INCAVGRN/A-23.2-13.04%MondayAMC
LUXFER HOLDINGSLXFR0.250.133.85%MondayAMC
ATENTO SAATTO0.250.194.35%MondayAMC
AIT THERAPEUTICAITB-0.5N/A-100.00%MondayAMC
DULUTH HOLDINGSDLTH0.540.4330.00%TuesdayBTO
CHILDRENS PLACEPLCE2.491.884.88%TuesdayBTO
AFFIMED THERAPAFMD-0.17-0.170.00%TuesdayBTO
CHF SOLUTIONSCHFSN/A-92.858.24%TuesdayBTO
ELBIT SYSTEMSESLTN/A1.82N/ATuesdayBTO
LEXINFINTEC HLDLXN/AN/AN/ATuesdayBTO
FEDEX CORPFDX3.062.3510.80%TuesdayAMC
DXP ENTERPRISESDXPE0.110.42-27.27%TuesdayAMC
AAR CORPAIR0.50.38-5.41%TuesdayAMC
NOVABAY PHARMACNBY-0.05-0.13-77.78%TuesdayAMC
UQM TECH INCUQM-0.02-0.0333.33%TuesdayAMC
LAUREATE EDUCATLAUR0.310.33-49.18%TuesdayAMC
STEELCASE INCSCS0.160.220.00%TuesdayAMC
GENL MILLSGIS0.80.720.00%WednesdayBTO
PQ GROUP HLDGSPQG0.12N/A37.50%WednesdayBTO
WINNEBAGOWGO0.620.4614.00%WednesdayBTO
LIQTECH INTLLIQTN/A-0.19-50.00%WednesdayBTO
FIVE STAR QLTYFVEN/A-0.12-25.00%WednesdayBTO
ON TRACK INNOVOTIV-0.01-0.0350.00%WednesdayBTO
TECOGEN INCTGEN00100.00%WednesdayBTO
ARCOS DORADOS-AARCON/A0.1N/AWednesdayBTO
ACTUANT CORPATU0.140.115.56%WednesdayBTO
GUESS INCGES0.530.419.09%WednesdayAMC
ELDORADO GOLDEGO00-66.67%WednesdayAMC
FIVE BELOW INCFIVE1.160.938.46%WednesdayAMC
ALTAIR ENGINEERALTR0.06N/A-23.91%WednesdayAMC
WIDEPOINT CORPWYY0-0.03100.00%WednesdayAMC
WHEATON PRC MTLWPM0.160.190.00%WednesdayAMC
SITO MOBILE LTDSITO-0.04-0.07-140.00%WednesdayAMC
HERMAN MILLERMLHR0.490.39-3.39%WednesdayAMC
QAD INC-AQADA-0.110.0675.00%WednesdayAMC
DARDEN RESTRNTDRI1.641.324.29%ThursdayBTO
ACCENTURE PLCACN1.491.337.83%ThursdayBTO
CARNIVAL CORPCCL0.430.3826.00%ThursdayBTO
CONAGRA BRANDSCAG0.550.485.77%ThursdayBTO
NOMAD FOODS LTDNOMD0.310.1426.09%ThursdayBTO
MICHAELS COSMIK1.210.962.33%ThursdayBTO
G-III APPARELGIII0.16-0.168.44%ThursdayBTO
COMMERCIAL METLCMC0.260.2557.89%ThursdayBTO
BP MIDSTREAM LPBPMP0.28N/AN/AThursdayBTO
CPI AEROSTRUCTRCVU0.230.2411.76%ThursdayBTO
FUSION TELECOMFSNN-0.12-0.26-50.00%ThursdayBTO
NEOGEN CORPNEOG0.240.226.92%ThursdayBTO
JINKOSOLAR HLDGJKS0.230.66-76.47%ThursdayBTO
LANDS END INCLE0.440.41106.67%ThursdayBTO
SUPERCOND TECHSCONN/A-0.618.00%ThursdayBTO
CINTAS CORPCTAS1.241.113.97%ThursdayAMC
MICRON TECHMU2.690.7713.68%ThursdayAMC
NIKE INC-BNKE0.520.6817.95%ThursdayAMC
JAGGED PEAK EGYJAG0.090.020.00%ThursdayAMC
AT HOME GRP INCHOME0.350.2625.00%ThursdayAMC
KB HOMEKBH0.30.159.09%ThursdayAMC
SMART GLBL HLDGSGH1.27N/A13.95%ThursdayAMC
ASV HOLDINGSASV0.07N/A-16.67%ThursdayAMC
CAREDX INCCDNA-0.16-0.1510.53%ThursdayAMC
INTELLICHECK MOIDN-0.07-0.10.00%ThursdayAMC
SIERRA METALSSMTS0.020.01N/AThursdayAMC
CALADRIUS BIOSCCLBS-0.83-0.7351.28%ThursdayAMC
HTG MOLECULR DGHTGM-0.23-0.766.12%ThursdayAMC
RESHAPE LIFESCIRSLSN/A-2.659.00%ThursdayAMC
POXEL SA FRANCEPXXLFN/AN/AN/AThursdayN/A
PLX PHARMA INCPLXP-0.55N/A-7.32%FridayBTO

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Oracle Corporation (ORCL): Free Stock Analysis Report
 
NIKE, Inc. (NKE): Free Stock Analysis Report
 
FedEx Corporation (FDX): Free Stock Analysis Report
 
Costco Wholesale Corporation (COST): Free Stock Analysis Report
 
AutoZone, Inc. (AZO): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_03_16_q1_earnings_season_to_show_growth_accele Fri, 16 Mar 2018 22:54:00 +0300
<![CDATA[Adobe (ADBE) Earnings, Revenues Beat Estimates in Q1]]> Adobe Systems Incorporated ADBE reported first-quarter fiscal 2018 non-GAAP earnings of $1.55 per share, which came ahead of the Zacks Consensus Estimate of $1.43. The figure increased 23% sequentially and 64.9% on a year-over-year basis.

Adjusted revenues increased 3.4% sequentially and 23.8% year over year to $2.08 billion beating the Zacks Consensus Estimate of $2.04 billion.

The year-over-year growth was driven by strong demand for the company’s innovative solutions and products, strength across geographies and growing subscriptions for its cloud application.

Following the earnings results, its share price gained 3.76% in after-hours trading. Shares have returned 78.3% over a year, outperforming the industry’s rally of 35.7%.



 

Top Line in Detail

Adobe reports revenues in three categories — Subscription, product and services & support.

Subscription revenues came in $1.79 billion (86% of total revenues), up 29.7% on a year-over-year basis and 5.9% sequentially.

Product revenues came in $171.6 million (8.2% of revenues), decreased 6.3% year over year and 10.9% sequentially.

Services & support revenues came in $113.9 million (5.5% of revenues), which also dipped 0.4% year over year and 3.2% sequentially.

Segment Details

The company operates in two reportable segments — Digital Media and Digital Experience.

Digital Media — This segment generated revenues of $1.46 billion (70.1% of total revenues), which increased 28.1% on a year-over-year basis and 5% sequentially. The segment comprises Creative Cloud and Document Cloud. The company witnessed 34.6% growth in annualized recurring revenue (ARR) within this segment. This was attributed to the transition made on Adobe.com from using US dollar to local currency in certain markets.

Creative Cloud (CC) generated $1.23 billion of revenues, reflecting 30.6% year-over-year growth. Additionally, Creative ARR increased by $303 million to $5.07 billion. The year-over-year growth was driven by robust performance of Adobe Stock and Stock and collaboration services.

Moreover, improving average revenue per user (ARPU) across the key offerings and increasing net new subscriptions drove the top line of CC. Additionally, the company entered into various creative agreements in the reported quarter and most of them included service offering which drove the creative ARR.

Document Cloud (DC) generated $231 million of revenues, up 18% from the year-ago quarter. Moreover, Document ARR came in $647 million. This was driven by strong performance of Adobe Sign and growing adoption of Acrobat. The company also experienced a robust growth in Acrobat units on a year-over-year basis.

Moreover, the company experienced robust bookings across various platforms such as — Adobe Marketing Cloud, Adobe Analytics Cloud and Adobe Advertising Cloud.

Digital Experience — This segment generated revenues of $554 million (26.6% of revenues), which increased 16% on a year-over-year basis and 0.7% sequentially. The segment includes Adobe Experience Cloud. The company witnessed 22% growth in subscription revenues within the segment. Further, robust Analytics Cloud, Marketing Cloud and Advertising Cloud offerings coupled with emerging solutions such as Audience Manager, Campaign, Target and Media Optimizer solutions drove the top line.

Operating Details

Gross margin was 87.5%, expanding 100 basis points (bps) sequentially and 180 bps on a year-over-year basis. Gross margin expansion was attributed to strong subscription revenues.

Adjusted operating margin was 41.9%, reflecting an expansion of 580 bps year over year. This was attributed to almost flat year-over-year growth in research & development, general & administrative and sales & marketing expenses as a percentage of total revenues.

Adobe incurred operating expenses of $1.17 billion, reflecting an increase of 14.5% year over year.

Balance Sheet & Cash Flow

As of Mar 2, 2018, cash and investments balance of $6.14 billion, up from $5.82 billion as of Dec 1, 2017.

Trade receivables were $1.06 billion, down from $1.2 billion in the previous quarter. Deferred revenues were $2.6 billion, increased from the quarter-ago figure of $2.4 billion.

In the reported quarter, cash generated from operations was $989.6 million, up from $833.2 million in the previous quarter.

During the quarter, Adobe repurchased approximately 1.6 million worth $301 million.

Guidance

For second-quarter fiscal 2018, the company projects total revenues of $2.15 billion. The Zacks Consensus Estimate for revenues is pegged at $2.13 billion.

Further, Adobe expects year-over-year growth in revenues of 25% and 15% from Digital Media and Digital Experience segment, respectively.

Additionally, the company expects $330 million of net new Digital Media ARR.

Based on a share count of 499 million, management expects GAAP earnings and non-GAAP earnings of $1.16 and $1.53 per share, respectively. The Zacks Consensus Estimate is pegged at $1.49 for the upcoming quarter.

Zacks Rank & Other Stocks to Consider

Adobe carries a Zacks Rank #2 (Buy).

A few other top-ranked stocks in the broader technology sector are ManTech International MANT, DST Systems DST and CGI Group GIB. While ManTech International and DST Systems sport a Zacks Rank #1 (Strong Buy), CGI Group carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Long-term earnings growth rate for ManTech International, DST Systems and CGI Group is pegged at 8%, 10% and 9%, respectively.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
DST Systems, Inc. (DST): Free Stock Analysis Report
 
ManTech International Corporation (MANT): Free Stock Analysis Report
 
CGI Group, Inc. (GIB): Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_03_16_adobe_adbe_earnings_revenues_beat_est Fri, 16 Mar 2018 21:31:00 +0300
<![CDATA[Philips' Dual Use DRF System Gets FDA Nod for Marketing]]> Koninklijke Philips N.V. PHG has received approval of the U.S. Food and Drug Administration (FDA) to market its latest Digital Radiography-Fluoroscopy (DRF) system- ProxiDiagnost N90.

The company’s new two-in-one DRF system not only assists augmented patient throughput and high room utilization but also offers patient accessibility and extraordinary workflow support.  

ProxiDiagnost N90 is an appropriate gadget for modern healthcare organizations which require advanced fluoroscopy solutions, especially the U.S. companies that track a nearby use procedure.

ProxiDiagnost N90 produces premium quality images with the help of its new dynamic UNIQUE image processor and flat-detector technology. Moreover, the system permits technologies to conduct measures next to patient for enhancing patient experience. The system also includes the Philips Eleva user interface, enabling clinicians to utilize the system instantly without added training.

Also, ProxiDiagnost N90 has a small footprint and a unique design that includes an open overhead area and table, ensuring closer interaction between technologists and patients during procedures.

Poor Zacks Rank

Over the past year, Philips’ shares have rallied 24%, outperforming 16.6% growth recorded by the industry.

 

However, the stock currently carries a Zacks Rank #4 (Sell). The company believes its near-term profitability will be hurt due to sluggish growth rate of the global healthcare market. Additionally, high restructuring and acquisition-related costs, and macroeconomic challenges in some of its key markets might be concerns in the quarters ahead.

Stocks to Consider  

Some better-ranked stocks in the Zacks Computer and Technology sector are listed below:

Agilent Technologies, Inc. A carries a Zacks Rank of 2 (Buy). The company recorded a positive average earnings surprise of 13.6% in the last three to five quarters. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

ACI Worldwide, Inc. ACIW also holds a Zacks Rank of 2. The company pulled off an outstanding average positive earnings surprise of 151.89% during the same time frame.

Adobe Systems Incorporated ADBE carries a Zacks Rank of 2. The company recorded an average positive earnings surprise of 9.03% over the last three to five quarters.

The Hottest Tech Mega-Trend of All                 

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>              


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Adobe Systems Incorporated (ADBE): Free Stock Analysis Report
 
ACI Worldwide, Inc. (ACIW): Free Stock Analysis Report
 
Koninklijke Philips N.V. (PHG): Free Stock Analysis Report
 
Agilent Technologies, Inc. (A): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://www.so-l.ru/news/y/2018_03_16_philips_dual_use_drf_system_gets_fda_no Fri, 16 Mar 2018 16:27:00 +0300
<![CDATA[Adobe Systems опять установил рекорд по выручке]]> http://www.so-l.ru/news/y/2018_03_16_finam_ru_novosti_razvi_adobe_systems_o Fri, 16 Mar 2018 15:15:00 +0300 <![CDATA[Adobe Systems опять установил рекорд по выручке]]> http://www.so-l.ru/news/y/2018_03_16_adobe_systems_opyat_ustanovil_rekord_po Fri, 16 Mar 2018 15:08:28 +0300