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Smartkarma Newswire

US Stock Market Movers Today – 19 April 2024

By | Market Movers

Biggest stock gainers today in S&P 500

CompanyStock PricePercentage ChangeSmartkarma SmartScore
Paramount Global (PARA)12.44 USD+13.40%3.2
American Express Company (AXP)231.04 USD+6.23%3.6
Fifth Third Bancorp (FITB)36.25 USD+5.93%3.6
Walgreens Boots Alliance, Inc. (WBA)18.24 USD+3.70%3.4
Kinder Morgan, Inc. (KMI)18.84 USD+3.46%3.8
Bank of America Corporation (BAC)36.97 USD+3.35%3.6
Citizens Financial Group, Inc. (CFG)33.99 USD+3.31%4.0
The J. M. Smucker Company (SJM)114.76 USD+3.29%3.2
Truist Financial Corporation (TFC)36.80 USD+3.05%3.4
The PNC Financial Services Group, Inc. (PNC)152.30 USD+2.98%3.2

Biggest stock losers today in S&P 500

CompanyStock PricePercentage ChangeSmartkarma SmartScore
Super Micro Computer, Inc. (SMCI)713.65 USD-23.14%3.4
NVIDIA Corporation (NVDA)762.00 USD-10.00%3.6
Netflix, Inc. (NFLX)555.04 USD-9.09%2.8
Jabil Inc. (JBL)118.75 USD-8.36%3.2
Advanced Micro Devices, Inc. (AMD)146.64 USD-5.44%2.6
Monolithic Power Systems, Inc. (MPWR)591.52 USD-4.64%3.4
Micron Technology, Inc. (MU)106.77 USD-4.61%3.0
Zoetis Inc. (ZTS)146.50 USD-4.32%2.8
Arista Networks, Inc. (ANET)246.09 USD-4.32%3.6
Broadcom Inc. (AVGO)1204.71 USD-4.31%3.2

What is Smartkarma SmartScore?

It is a compound score for a Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores (Value, Dividend, Growth, Resilience, Momentum scores) computed by Smartkarma.

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Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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American Express Company’s Stock Price Soars to $231.04, Witnessing a Robust 6.23% Uptick

By | Market Movers

American Express Company (AXP)

231.04 USD +13.54 (+6.23%) Volume: 7.57M

“American Express Company’s stock price soars to $231.04, marking a significant trading session increase of +6.23%, with a robust trading volume of 7.57M. The company’s share performance continues to impress with a Year-To-Date (YTD) percentage change of +23.33%, highlighting its strong market presence.”


Latest developments on American Express Company

Following a strong first quarter, American Express Co (AXP) continues to experience significant stock price movements. The company’s Q1 results, which surpassed estimates, showed an impressive 11% revenue increase to $15.8 billion, and a 39% rise in earnings per share (EPS) to $3.33. This financial boost was largely due to increased spending by card members, particularly on pricey premium cards and ‘front of cabin’ plane tickets. The company’s small-business strategy and the imminent introduction of more card ‘refreshes’ and fee increases also seem to be positively influencing the stock’s trajectory. However, the unexpected cancellation of some Amex credit cards has caused some market concern.


American Express Company on Smartkarma

Analysts at Baptista Research have recently published a bullish report on American Express Co on Smartkarma. The report titled “American Express Company: Launch Of American Express Business Blueprint & Other Developments” highlights the company’s solid financial performance in the last quarter, with revenues reaching $15.4 billion, representing a 13% year-over-year increase. The analysts also noted the introduction of product improvements and analytics advancements to its digital cash flow management hub, American Express Business Blueprint.

For more information on this report and other insights on American Express Co, you can visit Baptista Research‘s profile on Smartkarma. The analysts’ positive sentiment towards the company’s performance and developments suggest a favorable outlook for American Express Co in the near future.


A look at American Express Company Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, American Express Co has a positive long-term outlook based on its high scores in Growth and Momentum. With a score of 5 in Growth, the company is expected to see strong growth potential in the future. Additionally, a momentum score of 5 indicates that the company is performing well in terms of stock price performance and investor sentiment.

American Express Co also received solid scores in Resilience and Dividend, with scores of 4 and 2 respectively. This suggests that the company is well-positioned to weather economic challenges and provide stable dividend payouts to investors. While the Value score is lower at 2, the overall outlook for American Express Co remains positive based on its strong performance in key areas.

Summary: American Express Company is a global payment and travel company, offering charge and credit payment card products and travel-related services to consumers and businesses worldwide.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Morning Flash AP (Japan): Will Kyocera’s KDDI stake come under scrutiny? Resona aligns with Digital Garage in face of activists

By | Press Coverage

Excerpt: Prior to that article, Travis Lundy of Quiddity Advisors wrote on SmartKarma that Murakami’s most likely objective is to have the trade recorded as β€œdeemed dividends” through an accounting β€œtechnicality”.

Carlos Martinez β€’ (Opens in a new window) ⧉

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Hangzhou Hikvision (002415) Earnings Review: FY Net Income Meets Estimates with Revenue Surpassing Expectations

By | Earnings Alerts
  • Hikvision’s fiscal year net income was 14.11 billion yuan, meeting financial predictions.
  • The estimated income was marginally lower at 14.02 billion yuan.
  • Reported revenue surpassed estimates, coming in at 89.34 billion yuan against a projected 88.14 billion yuan.
  • Earnings Per Share (EPS) stood firm at 1.520 yuan.
  • A total of 24 purchases, 2 holds and 0 sells were counted, further solidifying Hikvision’s financial standing.

A look at Hangzhou Hikvision Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Hangzhou Hikvision Digital Technology Co., Ltd, known for their video surveillance products, is positioned well for long-term success based on their Smartkarma Smart Scores. With a solid Dividend score of 4, investors can expect good returns in the form of dividends. Additionally, the company shows strong Resilience and Momentum with scores of 4, indicating stability and positive growth potential. Although the company scores moderate on Value and Growth at 2 and 3 respectively, its overall outlook seems optimistic.

Hangzhou Hikvision‘s focus on manufacturing and selling video surveillance equipment sets the stage for continued growth and innovation in the industry. Their product range includes video and audio compression cards, network hard disk video recorders, cameras, and more digital products. With a balanced mix of strengths in areas like Dividends, Resilience, and Momentum, Hangzhou Hikvision appears well-positioned to navigate the market and capitalize on future opportunities.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Earnings Review: China Resources Sanjiu Medical & Pharma (000999) Scores 1.36B Yuan Net Income in 1Q Earnings

By | Earnings Alerts

• CR Sanjiu reported a net income of 1.36 billion yuan for the first quarter.

• The company earned revenue totalling 7.29 billion yuan in the same period.

• The stock has an overwhelmingly positive outlook with 23 buy recommendations and no holds or sells.


China Resources Sanjiu Medical & Pharma on Smartkarma

Analysts on Smartkarma have varying views on China Resources Sanjiu Medical & Pharma. Xinyao (Criss) Wang‘s bearish outlook in the report titled “China Resources Sanjiu (000999.CH) – 2023 Results Below Expectations; Short-Term Headwinds Remain” highlights that Sanjiu’s 2023 performance fell short of expectations due to challenges in the TCM injection business and anti-corruption measures. Despite a high dividend payout ratio, the performance growth outlook for 2024 is anticipated to be lower than that of 2023.

Conversely, Xinyao (Criss) Wang‘s bullish perspective in the report “China Healthcare Weekly (Nov.24) – Gold Content Of License-Out Deals, NRDL Pricing Levels, CR Sanjiu” emphasizes that the upfront payment in licensing deals signifies their true value. The stability in NRDL prices for innovative drugs and the focus on upfront payments rather than milestone payments are key considerations. However, challenges such as anti-corruption impact and weak TCM formula granules business performance could put pressure on Sanjiu’s 2023 second half results.


A look at China Resources Sanjiu Medical & Pharma Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. is showing promising signs for its long-term outlook based on the Smartkarma Smart Scores. With a strong momentum score of 5, the company is demonstrating significant positive price trends and investor interest. This suggests a potential for continued growth and market outperformance in the future.

Additionally, China Resources Sanjiu Medical & Pharma received high scores in dividend, growth, and resilience, indicating a solid financial foundation and potential for future expansion and stability. While the value score is slightly lower at 3, the overall outlook for the company seems positive, supported by its diverse business operations in the healthcare and pharmaceutical sectors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Krung Thai Bank Pub (KTB) Reports Stellar 1Q Earnings: Net Income Hits 11.08B Baht with Strong Buy Recommendations

By | Earnings Alerts
  • Krung Thai Bank reported a net income of 11.08 billion baht for the first quarter.
  • The Earning per Share (EPS) reported is 0.79 baht.
  • Analysis on the bank’s stock performance show 16 ‘buy’ recommendations.
  • There are also 9 ‘hold’ recommendations suggesting a mix market sentiment.
  • Only 2 recommendations suggest ‘sell’, indicating overall strong confidence in the Bank’s performance.

Krung Thai Bank Pub on Smartkarma

Analyst coverage on Krung Thai Bank Pub by Victor Galliano on Smartkarma reveals insightful recommendations. In the report “Thai Banks 4Q23 Screener,” Victor suggests sticking with Krung Thai due to its strong profitability, healthy balance sheet, and attractive valuations. Noting the improved cost of risk for Kasikorn, Victor recommends switching out of Ayudhya into Kasikorn for potentially better returns. Krung Thai is highlighted for its solid post-provision profitability, close to double-digit ROE, and attractive financial ratios. The addition of Kasikorn to the buy list signifies potential post-provision returns improvement, while Ayudhya is removed due to worsening cost of risk trends and weaker capital adequacy.

In another report, “Thai Banks 3Q23 Screener,” Victor advises sticking with Krung Thai and Ayudhya based on their strong profitability, healthy balance sheets, and attractive ratios. Krung Thai stands out for its double-digit ROE, while Ayudhya is praised for its sound pre and post-provision profitability metrics. Despite Kasikorn’s healthy pre-provision profitability, its high and worsening cost of risk is highlighted as an area of concern, keeping it from receiving a strong recommendation at this time.


A look at Krung Thai Bank Pub Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Krung Thai Bank Public Company Limited is poised for a positive long-term outlook. With a perfect score in Value and Resilience, the bank demonstrates strong fundamentals and robustness in the face of market challenges. Additionally, the above-average scores in Growth indicate potential opportunities for expansion and development in the future. While the scores for Dividend and Momentum are decent, there is room for improvement in these areas to further enhance the overall performance of the company.

Krung Thai Bank Pub, a state-owned commercial bank, is backed by a solid foundation and a diverse range of financial services. Majority owned by the Financial Institutions Development Fund, the bank offers services such as commercial and consumer loans, credit cards, and international trade financing. With a strong emphasis on value and resilience, Krung Thai Bank Pub is positioned well to navigate the dynamic financial landscape and capitalize on growth opportunities in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Jio Financial Services (JIOFIN) Reports Q4 Earnings Growth with Net Income Rising to 3.11B Rupees

By | Earnings Alerts
  • Jio Financial’s net income for 4Q was 3.11 billion rupees. This is an increase of 5.8% compared to the previous quarter.
  • The reported revenue for the same quarter was 4.18 billion rupees, showing a slight increase of 1.5% from the previous quarter.
  • Jio’s total costs were listed as 1.03 billion rupees for the fourth quarter.
  • There was a drop in the company’s shares by 2.2% to 370.10 rupees, with a total of 39.5 million shares traded.
  • The investment consensus for Jio Financial currently stands at one buy, with no holds or sells.
  • All comparisons to past results are based on values reported by the company in its original disclosures.

Jio Financial Services on Smartkarma

Analyst Coverage of <a href="https://smartkarma.com/entities/jio-financial-services-limited">Jio Financial Services</a> on Smartkarma

Analysts on Smartkarma, a platform for independent investment research, have been closely monitoring Jio Financial Services. One such analyst, Brian Freitas, known for his bullish insights, recently published a research report titled “NIFTY NEXT50 Index Rebalance Preview: Potential Adds Skyrocketing.” In this report, Freitas highlighted that there are expected to be 6 changes to the NEXT50 Index in March. The potential additions to the index have significantly outperformed the potential deletions over the past two months, with a turnover rate of approximately 14% and a substantial one-way trade volume of INR 27 billion.

Freitas pointed out that the potential new additions to the index have demonstrated a 35% outperformance compared to the potential deletions, indicating a strong market trend. With more than 1.5 times the average daily volume to sell on the deletions, the upcoming changes in the NIFTY NEXT50 Index are generating interest among investors following Freitas’ analysis on Smartkarma.


A look at Jio Financial Services Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth2
Resilience4
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts using the Smartkarma Smart Scores have given Jio Financial Services a solid overall outlook. With high scores in Value, Resilience, and Momentum, Jio Financial Services is seen as a company with strong potential for long-term growth and stability. The company’s emphasis on providing robust infrastructure technology solutions in the financial sector has positioned them as a valuable player in the Indian market.

Although Jio Financial Services scores lower in Dividend and Growth, the high scores in other areas indicate that the company may be focusing on reinvesting profits into expanding its operations and enhancing its services. Investors looking for a company with a good combination of value, resilience, and momentum may find Jio Financial Services to be an attractive prospect for long-term investment.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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πŸ’‘ Before it’s here, it’s on Smartkarma

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