Express Scripts Holding Company (ESRX) failed to extend gains with the stock declining -0.67% or $-0.49 to close the day at $72.67 on light trading volume of 2.9M shares, compared to its three month average trading volume of 4.25M. The St. Louis Missouri 63121 based company has been outperforming the health care plans group over the past 52 weeks, with the stock gaining 0.4%, compared to the industry which has advanced 13.8% over the same period. With RSI of 55.61, the stock should still continue to rise and get closer to its one year target estimate of $81.11, making it a hold for now.
Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States, Canada, and Europe. The company operates through two segments, PBM and Other Business Operations. The companys PBM segments products and services include clinical solutions to enhance health outcomes; specialized pharmacy care; home delivery pharmacy; specialty pharmacy, including the distribution of fertility pharmaceuticals that require special handling or packaging; and retail network pharmacy administration. It also provides benefit design consultation; drug utilization review; drug formulary management; an array of Medicare, Medicaid, and health insurance marketplace; administration of a group purchasing organization; and consumer health and drug information services. In addition, the company distributes specialty pharmaceuticals and medical supplies to providers, clinics, and hospitals; and offers consulting services, including design, implementation, and project management for pharmaceutical, biotechnology, and device manufacturers to collect scientific evidence to guide the use of medicines. It serves managed care organizations, health insurers, third-party administrators, employers, union-sponsored benefit plans, workers compensation plans, government health programs, providers, clinics, hospitals, and others. As of December 31, 2015, the company operated four automated dispensing home delivery pharmacies; one non-automated dispensing home delivery pharmacy; and one non-dispensing home delivery pharmacy maintained for business continuity purpose, as well as several non-dispensing order processing centers, patient contact centers, specialty drug pharmacies, and fertility pharmacies. The company was formerly known as Aristotle Holding, Inc. and changed its name to Express Scripts Holding Company in April 2012. Express Scripts Holding Company was founded in 1986 and is headquartered in St. Louis, Missouri.
Tesoro Corporation (TSO) grew with the stock adding 0.99% or $0.8 to close at $81.63 on active trading volume of 2.88M compared its three months average trading volume of 2.34M. The San Antonio Texas 78259 based company operating under the Oil & Gas Refining & Marketing industry has been trending down for the last 52 weeks, with the shares price now -6.44% down for the period and down by -6.66% so far this year. With price target of $104.73 and a 23.64% rebound from 52-week low, Tesoro Corporation has plenty of upside potential, making it a hold with a view buy.
Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The companys TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The companys Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.
The Kraft Heinz Company (KHC) continued its upward trend with the stock climbing 0.49% or $0.43 to close the day at $88.35 on lower than average trading volume of 2.88M shares, compared to its three month average trading volume of 3.12M. The Pittsburgh Pennsylvania 15222 based company has been outperforming the food – major diversified companies by 0.1695% for last three months and its recent gains have pushed the stock slightly up 1.18% YTD, versus the food – major diversified industry which is up 1.07% for the same period. The RSI of 64.72 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and rest of world. The companys products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, snack nuts, dressings, packaged dinners, infant/nutrition products, and other grocery products. It offers its products under various brand names, including Kraft, Oscar Mayer, Heinz, Planters, Velveeta, Philadelphia, Lunchables, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, Tassimo, Plasmon, Lea & Perrins, ABC, Master, Quero, Golden Circle, Wattie’s, and Complan. The Kraft Heinz Company sells its products through independent brokers, agents and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, hotels, restaurants, hospitals, health care facilities, and certain government agencies, as well as through its own sales organizations. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The Kraft Heinz Company was founded in 2013 and is headquartered in Pittsburgh, Pennsylvania.