Blue Apron: What Analysts Are Saying after Its 4Q17 Results
Of the 16 analysts covering Blue Apron stock on February 14, 69% recommended a “hold,” 25% recommended a “buy,” and 6% recommended a “sell.”
Blue Apron’s cost of goods sold fell 10.7% in 4Q17, and its total operating expense fell 6.9% on a year-over-year basis.
In November 2017, the company’s co-founder and CEO, Matt Salzberg, stepped down, and CFO Brad Dickerson was named as the new CEO.
A Look at Symantec’s RSI and Volatility after Fiscal 3Q18
Symantec stock has a beta of 0.89, which indicates that it’s likely to exhibit 11.0% less volatility than the overall market.
On February 14, 2018, Symantec stock had fallen 8.5% in the last 12 months, and it had fallen 6.0% in the last six months.
Since the beginning of this year, Symantec stock has fallen more than 5.0%, and it has lost close to 8.5% in the last year.
Alphabet Named a New Chairman—Here’s What’s Changed
Shirley Tilghman decided to leave Alphabet’s board, and the company named John Hennessy as its new chairman.
In 4Q17, Alphabet set aside $9.9 billion to cover taxes on its accumulated foreign profits in relation to the recent US tax reforms.
Alphabet’s 4Q17 APAC revenues grew 30.0% YoY to $4.7 billion, making it the company’s second-fastest-growing revenue region in the quarter.
Why Hulu’s Losses Deepened in 2017
Comcast, Disney, and Fox have each have a 30.0% stake in Hulu, and Time Warner has a 10.0% stake.
Netflix (NFLX) stock has returned a whopping 30.3% year-to-date despite a 5.5% decline on February 8, 2018.
Media giant Time Warner (TWX) reported its fiscal 4Q17 on Thursday, February 1. The company beat earnings and revenue estimates.
How Verizon’s Revenues Looked in 4Q17
Verizon (VZ) posted 4Q17 consolidated revenues of $33.9 billion—well above the Wall Street analysts’ consensus estimate of $33.3 billion for 4Q17.
Verizon has been paying and increasing dividends for the past several years. In 2017, the mobile carrier paid an annual dividend of $9.5 billion.
Verizon, through its new Niddel Magnet unit, plans to offer automated threat hunting services and boost its security detection portfolio.
TripAdvisor Stock Continues Its Declining Trend
Year-to-date through November 10, 2017, TripAdvisor stock has fallen 31.9%.
Currently, TripAdvisor’s (TRIP) forward price-to-earnings ratio stands at 28.0x, which is lower than the 35.6x average valuation seen since its initial stock listing in 2011.
Of the 25 analysts rating TripAdvisor stock after its 3Q17 report, one analyst issued a “buy” rating, 18 analysts issued a “hold” rating, and 20% five analysts issued a “sell” rating.
Device and Consumer Revenues Decline for Microsoft
In 4Q15, revenues in the devices and consumer segment for Microsoft declined by 13% to $8.7 billion.
Why Investors Are Buying NVIDIA at Such a High Valuation
While some investors think that NVIDIA is expensive at $241, other investors think otherwise.
NVIDIA stock is currently trading at a forward PE ratio of 39.0x. This ratio is based on analysts’ consensus EPS estimate of $6.18 for fiscal 2019.
NVIDIA is one stock that has caught eyes of many investors, as the stock rose ~500% from $33 the start of 2016 to $199.3 at the start of 2018.
How Will Cisco’s Infinite Video Platform Target the OTT Industry?
According to Juniper Research, the value of the digital TV and video industry is expected to grow to $119 billion by 2022, up from an estimated $64 billion in 2017.
Cisco (CSCO) is partnering with Korean carmaker Hyundai to develop next-generation vehicles using its software-defined network (or SDN) platform.
As announced at the Consumer Electronics Show 2018, Apple (AAPL) Watch users can expect to control Internet-connected Whirlpool home appliances products by the end of the year.
How Electronic Arts Is Looking to Break Out
Despite posting a 7.4% revenue growth in the December quarter, or fiscal 3Q17, Electronic Arts (EA) stock has moved nowhere.
Holiday video game sales figures shared by Sensor Tower and reported by Wall Street Journal reveal an interesting sector trend.
Nintendo (NTDOY) has plans to open three attraction sites in the US and Japan thanks to a partnership with Comcast (CMCSA).