$Wal-Mart(WMT)$ President recently sold US$1.4m worth of stock On the 27th of October, C. McMillon sold around 10k shares on-market at roughly US$141 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. ◈This was the largest sale by an insider in the last 3 months. ◈This was C.'s only on-market trade for the last 12 months.
$SINO-OCEAN GP(03377)$ Consensus EPS estimates increase by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2022 has improved. ◈2022 revenue forecast increased from CN¥57.7b to CN¥59.2b. ◈EPS estimate increased from CN¥0.205 to CN¥0.258 per share. ◈Net income forecast to grow 361% next year vs 15% growth forecast for Real Estate industry in Hong Kong. ◈Consensus price target broadly unchanged at HK$1.56. ◈Share price rose 3.7% to HK$1.13 over the past week.
$New York Mortgage(NYMT)$Consensus forecasts updatedThe consensus outlook for 2022 has been updated.◈2022 expected loss increased from -US$0.39 to -US$0.45 per share.◈Revenue forecast of US$117.9m unchanged since last update.◈Mortgage REITs industry in the US expected to see average net income growth of 13% next year.◈Consensus price target of US$3.94 unchanged from last update.◈Share price was steady at US$2.78 over the past week.
$AT&T Inc(T)$Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results:◈EPS: US$0.60 (up from US$0.21 in 2Q 2021).◈Revenue: US$29.6b (down 33% from 2Q 2021).◈Net income: US$4.32b (up 185% from 2Q 2021).◈Profit margin: 15% (up from 3.4% in 2Q 2021). The increase in margin was driven by lower expenses.Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%.Over the next year, revenue is expected to shrink by 20% compared to a 6.2% decline forecast for the industry in the US.Over the last 3 years on average, earnings per share has fallen by 11% per year but the company's share price has fallen by 19% per year, which means it is performing significantly worse than earning
$Seagate Technology PLC(STX)$Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated.◈2023 revenue forecast decreased from US$12.1b to US$10.9b.◈EPS estimate also fell from US$8.54 per share to US$6.23 per share.◈Net income forecast to shrink 22% next year vs 0.09% growth forecast for Tech industry in the US .◈Consensus price target down from US$94.86 to US$85.67.◈Share price fell 4.6% to US$79.80 over the past week.
$World Wrestling Entertainment(WWE)$Price target increased to US$70.90Up from US$64.82, the current price target is an average from 10 analysts.◈New target price is approximately in line with last closing price of US$71.81.◈Stock is up 45% over the past year.◈The company is forecast to post earnings per share of US$2.52 for next year compared to US$2.36 last year.
$Western Digital(WDC)$Insider notifies of intention to sell stockGene Zamiska intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of September. If the sale is conducted around the recent share price of US$40.90, it would amount to US$89k.◈Since December 2021, Gene's direct individual holding has increased from 31.50k shares to 31.55k.◈Company insiders have collectively sold US$627k more than they bought, via options and on-market transactions in the last 12 months.
$Omega Healthcare Investors(OHI)$Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results:◈FFO: US$244.6m per share (down from US$0.78 in 2Q 2021).◈Revenue: US$244.6m (down 5.0% from 2Q 2021).◈Funds from operations (FFO): US$160.6m (down 11% from 2Q 2021).◈FFO margin: 66% (down from 70% in 2Q 2021).Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 2.2%.Over the next year, revenue is expected to shrink by 15% compared to a 9.2% growth forecast for the industry in the US.Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging
$Sachem Capital Corp.(SACH)$Consensus revenue estimates increase by 16%The consensus outlook for revenues in 2022 has improved.◈2022 revenue forecast increased from US$47.6m to US$55.1m.◈EPS estimate increased from US$0.53 to US$0.55 per share.◈Net income forecast to grow 61% next year vs 16% growth forecast for Mortgage REITs industry in the US.◈Consensus price target of US$6.75 unchanged from last update.◈Share price fell 2.6% to US$4.95 over the past week.
$COSCO SHIP INTL(00517)$Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%.The fair value is estimated to be HK$2.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Revenue has declined by 27% over the last 3 years. Earnings per share has grown by 6.8%.