MKS Instruments, Roundy's, Ford Motor, Tesla Motors and Gentherm highlighted as Zacks Bull and Bear of the Day
CHICAGO, Aug. 19, 2014 /PRNewswire/ -- Zacks Equity Research highlights MKS Instruments (Nasdaq:MKSI-Free Report) as the Bull of the Day and Roundy's (NYSE:RNDY-Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis onFord Motor Co. (NYSE:F-Free Report), Tesla Motors, Inc. (Nasdaq:TSLA-Free Report) and Gentherm Inc. (Nasdaq:THRM-Free Report).
Here is a synopsis of all five stocks:
Earnings estimates have been soaring for MKS Instruments (Nasdaq:MKSI-Free Report) after the company delivered big top and bottom line beats on July 23.
Profit margins soared in the quarter thanks to favorable product mix and operating leverage. This prompted analysts to revise their estimates significantly higher for both this year and next, sending the stock to a Zacks Rank #1 (Strong Buy).
MKS Instruments develops products that measure, control, power and monitor critical parameters of advanced manufacturing processes. The company's primary end markets are manufacturers of capital equipment for semiconductor devices, and for other thin film applications including flat panel displays, solar cells and light emitting diodes (LEDs), data storage media and other advanced coatings.
MKS Instruments reports its results in four segments:
Advanced Manufacturing Capital Equipment: (64% of gross revenue year-to-date)
Asia Region Sales & Service Operations: (25%)
Analytical Solutions Group: (6%)
Europe Region Sales & Service Operations: (5%)
MKS Instruments reported better-than-expected second quarter results on July 23. Adjusted earnings per share came in at 42 cents, crushing the Zacks Consensus Estimate by 50%. It was 200% higher than the same quarter last year.
Roundy's (NYSE:RNDY-Free Report) delivered disappointing second quarter results on August 6 as same-store sales and profit margins fell. Management also provided weak full year guidance, prompting a flurry of negative estimates revisions from analysts. This sent the stock to a Zacks Rank #5 (Strong Sell).
Roundy's operates 148 grocery stores and 97 pharmacies under the Pick 'n Save, Copps, Metro Market and Mariano's retail banners in Wisconsin and Illinois. The company was founded in Milwaukee in 1872.
Roundy's reported its second quarter results after the bell on August 6. Adjusted earnings per share came in at -$0.06, which was well below the Zacks Consensus Estimate of +$0.09. It was also significantly below the +$0.30 it earned in the same quarter last year.
Net sales from continuing operations rose 12% to $971.9 million, but this was driven by new store additions. Same-store sales actually fell -2.2%.
Additional content:
Ford Developing Right-Hand Drive Mustang for 25 Markets
Ford Motor Co. (NYSE:F-Free Report) has developed a right-hand drive version of the iconic Mustang. While the car is currently a prototype that is undergoing various development tests, its final version will be a valuable addition to Ford's global product portfolio as it will open doors to many right-hand drive markets.
While the Mustang is highly popular, with over 100 fan clubs globally, its sale outside North America was limited due to the elimination of right-hand drive markets. While Ford sold over 9.2 million Mustangs in the U.S. since 1964, only 0.16 million cars were sold outside North America in the same period. Thus, the right-hand drive Mustang, which will be exported to over 25 markets including the United Kingdom, Australia and South Africa, should significantly increase the car's sales outside North America.
Ford Mustang is one of the very few cars to stay in production for 50 years. This alone exhibits the immense popularity of the car.
Ford unveiled the sixth generation of the Mustang in Dec 2013 and started taking orders for the eagerly awaited car in May 2014. Deliveries of the car will start later this year and it will be available at Ford dealerships in the U.S. from fall. Thereafter, Ford has plans to sell the car in over 110 countries globally.
The importance of right-hand drive markets cannot be ignored in the highly competitive automotive market. Electric carmaker Tesla Motors, Inc. (Nasdaq:TSLA-Free Report) also launched the right hand version of Model S in the U.K. and Hong Kong recently.
Ford currently carries a Zacks Rank #3 (Hold). Better-ranked automobile stocks that are worth considering include Tesla and Gentherm Inc. (Nasdaq:THRM-Free Report). While Tesla sports a Zacks Rank #1 (Strong Buy), Gentherm carries a Zacks Rank #2 (Buy).
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About the Analyst Blog
Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Click here to subscribe to this free newsletter today.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
Get the full Report on MKSI - FREE
Get the full Report on RNDY - FREE
Get the full Report on F - FREE
Get the full Report on TSLA - FREE
Get the full Report on THRM - FREE
Follow us on Twitter: http://twitter.com/zacksresearch
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
[email protected]
http://www.zacks.com
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.
Logo - http://photos.prnewswire.com/prnh/20101027/ZIRLOGO
SOURCE Zacks Investment Research, Inc.
Share this article