|Bid||147.00 x 100|
|Ask||147.99 x 200|
|Day's range||152.56 - 154.27|
|52-week range||122.40 - 165.13|
|PE ratio (TTM)||71.77|
|Earnings date||19 Apr 2018 - 23 Apr 2018|
|Forward dividend & yield||2.98 (1.93%)|
|1y target est||172.56|
Honeywell International Inc. disclosed that Chief Executive Officer Darius Adamczyk’s $16.5 million pay package for last year amounts to about 333 times more than what the company’s median employee earned, ...
Bets that the global economy would grow at a faster rate have helped propel industrial stocks to big gains in the past three months. The Industrial Select Sector SPDR ETF (XLI) has gained 9.3% during the past three months, easily outdistancing the SPDR S&P 500 ETF's (SPY) 5.7% rise during the same period. In a report issued today, however, Barclays analyst Julian Mitchell argues that these forces have gone on for too long and are set to reverse.
General Electric (GE) announced that in 4Q17 it didn’t receive a dividend from GE Capital. In the words of Jamie Miller, GE’s chief financial officer and senior vice president, during the 4Q17 earnings call, “We did not receive a dividend from GE Capital in the quarter and this is in line with our prior communications. FCF (free cash flow) is calculated by subtracting capex from a company’s operating cash flows.
In July 2017, Boeing (BA) created its new Global Services unit out of its existing verticals. Boeing is scouting potential targets to put its newly formed Global Services division on an entirely different platform. BA’s CEO, Dennis Muilenburg, aims to more than triple the new division’s revenue to $50.0 billion over the next ten years.
Let us perform an analysis of two leading players in the Conglomerates sector to pick the best investment option based on the fourth-quarter earnings scorecard.
3M’s (MMM) Health Care segment recorded a revenue share of 18.4% in 4Q17 compared to 19.0% in 4Q16. This represents a decline of 0.60 percentage points in 3M’s total revenue. The segment reported revenue of $1.5 billion in 4Q17 compared to $1.4 billion in 4Q16, implying revenue growth of 5.8% on a year-over-year basis.
3M’s (MMM) Safety and Graphics segment had a revenue share of 19.3% in 4Q17 compared to 18.3% in 4Q16, an increase of 1.0 percentage point to its overall contribution to 3M’s revenue. The segment saw organic growth of 10.7% in 4Q17 driven by the growth in the personal safety, roofing granules, and transportation safety businesses. The currency gains helped the segment sales to grow by 3.2%.
In our pre-earnings series on General Electric (GE), we covered analysts’ opinion on the stock. Earlier, six analysts recommended a “strong buy” on the company, while only four recommend a “strong buy” now.
Don Taylor of the $19.4 billion Franklin Rising Dividends Fund seeks companies with especially strong businesses.